The Business Times, 11 September 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday September 11 1990 75*
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  • NEWS SUMMARY
    • 57 1 IRAQI President Saddam Hussein yesterday offered Third World countries free oil but said they must make their own shipping arrangements. In a statement read for him on Baghdad television, Mr Saddam said his offer was a gesture of solidarity with these countries which were suffering
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    • 33 1 JUST a week after the government raised the subsidies for needy students of independent schools, five of the six independent schools have announced fee increases for next year Page 2
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    • 33 1 OFFICIALS from the region of Bordeaux in France will map out a strategy to step up French interests in Asia, in which Singapore and China will be top priorities. Page 2
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    • 41 1 THE Gulf crisis has sent stock markets tumbling in most of the world, but in India it has fuelled a boom as the market absorbs a rush of funds from Indians living in the Middle East Page 7
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    • 35 1 CHINA has given the Hongkong and Macau Affairs Office more power after a high-level meeting of officials in Beijing last week, the South China Morning Post said on Sunday. Page 8
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    • 27 1 POLITICAL upheavals in the world and booming economies in Asia are resulting in increased activity for two arms of the World Bank. Page 10
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    • 30 1 LIFE does not imitate art for Evelyn Waugh. In fact, his novels faithfully followed his own experiences, especially those set in Africa in the 1930s Page 17
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    • 39 1 MALAYSIA'S inland waterways, including its rivers and lakes, can be developed to foster greater economic integration and promote tourism, said Tan Sri Abdul Aziz Abdul Rahman, chairman of the Chartered Institute of Transport Shipping Tunes Page 1
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  • MARKETS SUMMARY
    • 40 1 THE US stock market advanced broadly yesterday morning, starting off a new week on an upbeat note. The Dow Jones average of 30 industrials climbed 24.76 points to 2,644.31 at 10.30 am in the first hour of trading.
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    • 43 1 LONDON share prices were higher at midday yesterday after sentiment was buoyed by the Helsinki summit and favourable domestic economic data. At about noon (1100 GMT), the Financial TimesStock Exchange 100-share index was up 23.6 points, or 1.1 percent, at 2,146.5.
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    • 29 1 ONG Company's shareholders have injected Sl6m into the local broking house in a bid to help raise funds for the company's massive restructuring exercise Page 3
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    • 34 1 HOTEL Royal continued to reap benefits from the boom in tourism, with earnings at half time surging to $1.06 million, five times what it earned in the previous corresponding period Page 3
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    • Article, Illustration
      29 1 Monday Change BT-MGA 638.17 +6.31 Kuala Lumpur ....544.24 2.83 Hongkong 3,087.74 +39.83 Tokyo 25,080.90 +1,118.83 Sydney 1500.9 +29.1 Friday Change New York 2,619.55 +23.26 London 2,122.9 +2.0
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    • 22 1 Exchange rates US$ S$ 1.7670 Yen SSI.2689 MS SS0.6570 Money market rates Overnight 5 1/4 I 1/4 3-month 6 5/8 +1/8
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    • 37 1 London Gold PM fix US$384.50 -US$0.10 Rubber S'pore Oct.... 156.75'/kg unch M'sia Oct 241.00*/kg -0.50 KL Tin Turnover 45 tonnes +10 Spot M$ 15.09/kg -0.13 Crude palm oil Turnover 412 lots +170 Sept M$664 /tonne unch
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  • 528 1  -  Drive to attract more investors By William Chia MALAYSIA intends to step up the pace of new listings and promotion of its facilities to attract more local and foreign investors. The Kuala Lumpur Stock Exchange's general manager Mohd Salleh told BT that it is
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  • 511 1  -  By Kenneth James THE United States is headed for a mild recession over the next six months while a united Germany will have its hands full keeping the East German economy afloat. But longer-term prospects for the world economy remain bright, participants at a
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  • 197 1 The Gulf crisis REPORTS surfaced in the Middle East that Iraqi President Saddam Hussein executed several officers who had allegedly plotted to assassinate him. Other reports said 46 explosions were heard on Sunday at a chemical plant in Iraq where American men,
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  • 159 1 ASIAN share markets yesterday rallied on optimism after the weekend Helsinki summit meeting but thin volumes showed that caution still dominated. Traders said few concrete proposals had emerged from the meeting between the United States and the Soviet Union, but the united front presented by
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  • 341 1 Reuter WARRING Cambodian factions agreed on Monday to set up a joint Supreme National Council chaired by Prince Norodom Sihanouk and to let the United Nations get on with supervising an end to their 11-year war. At the same time Prince
    Reuter  -  341 words
  • Page 1 Advertisements
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    • 7 1 S'pore forex turnover hits USs74b, Back Page
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    • 19 1 Market Tallc, Pg 3 Standoff again after the summit, Pg 11 EC agrees on tough economic policy, Pg 11
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  • HOME NEWS
    • NEWS ROUNDUP
      • 59 2 FIJI has pledged to liberalise trade with Singapore, according to the Trade Development Board (TDB), which has despatched a mission to the isles. TDB Secretary Nordin Yatim said Singapore traders dealing with Fiji often faced complex trade laws and shipping rules, but Fiji could
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      • 68 2 NGEE ANN POLYTECHNIC yesterday said it was establishing a meeting place for chief executives of local and small and medium enterprises with academics of the Polytechnic. The Ngee Ann Polytechnic Managing Directors' Lodge, to be opened tomorrow, is designed to enhance understanding as well
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      • 60 2 THE SENIOR PARLIAMENTARY SECRETARY to the Ministry of Communications and Information, Ho Kah Leong, will officially launch the Courtesy Newsletter and the Courtesy Cup programme of Youth Challenge tomorrow at the Raffles Girls' Primary School. Youth Challenge is a voluntary youth organisation formed with the
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      • 70 2 KEPPEL CORPORATION has linked up with the Polytechnic of Central London for an undergraduate scholarship scheme. Two awards, tenable for degree-level engineering or business studies at the polytechnic, will be offered this year. The scheme is supported by the British government's Foreign and Commonwealth Office, and is
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    • 145 2 BRIGADIER-GENERAL Chin Siat-Yoon, 41, has been appointed Singapore's next Ambassador Extraordinary and Plenipotentiary to Thailand. He succeeds Mr Tan Seng Chye, who has been the ambassador since 1988. BG Chin, who will take up his appointment next week, joined the Singapore Armed Forces in 1972. In
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    • 348 2  -  By Anna Teo BARELY a week after the government raised the subsidies for needy students of independent schools, five of the six independent schools have announced fee increases for 1991. In one case, the fees go up by three times. Only Chinese High School
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    • 310 2 THE RESOLUTIONS adopted at the annual assemblies of the Asean Inter-Parliamen-tary Organisation may not be binding, but governments ignore them at their peril, says AIPO president and Singapore's Speaker of Parliament, Mr Tan Soo Khoon. As elected representatives, parliamentarians reflect the voice of their people. "Our
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    • 307 2  -  By Genevieve Cua OFFICIALS from the region of Bordeaux in France will map out a strategy to step up French interests in Asia, in which Singapore and China will be top priorities. Jack Negre, chairman of the Chamber of
      307 words
    • 207 2 A LOCAL health-care company has teamed up with a Chinese partner to make and market third-generation Hepatitis B vaccine in Beijing. The new vaccine, developed by Scitech Medical Products Pte Ltd in Singapore at a cost of $2 million, will undergo clinical trials in
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 455 3  -  Move will support company's massive restructuring exercise By Magdalene Ng ONG COMPANY'S shareholders have injected $16 million into the local broking house in a bid to help raise funds for the company's massive restructuring exercise. All of the shareholders the Ong family, Bangkok Bank
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    • 440 3  -  By A J Leow NEWLY-LISTED Singapore Shipbuilding and Engineering (SSE), which turned in a sparkling first-half performance for 1990, said it was not likely to be adversely affected by events stemming from the Gulf crisis. With existing shipbuilding orders worth $222.5 million to
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    • 426 3  -  By Abdul Hadhi COMMERCIAL Union Assurance (Malaysia), one of the largest non-life insurers across the Causeway, expects to be listed on the main board of the Kuala Lumpur Stock Exchange next year. Speaking to BT yesterday, j Mr JG T Carter, an executive
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    • 145 3 Bernama MALAYAN BANKING Bhd has forecast a consolidated pre-tax profit of M 5359.9 million for the current year ending June 30, 1991. In a circular to shareholders relating to its proposed increase in authorised share capital, and bonus and rights issues, Maybank said its gross EPS
      Bernama  -  145 words
    • 534 3  -  MARKET TALK* By William Chia THE GULF CRISIS and rising oil prices should benefit Malaysian companies in the oil sector while those serving the domestic sectors are expected to be more resilient than those in the export sectors. Malaysian stockbroking firm Rashid Hussain Securities (RHS)
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    • 270 3  -  By Elaine Koh HOTEL ROYAL continued to reap benefits from the boom in tourism at half time with earnings surging to $1.06 million. This is almost five times what the hotel group earned in the previous corresponding period. Turnover for Hotel Royal, which
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    • COMPANY BRIEFS
      • 48 3 WELLAND INVESTMENTS Pte Ltd, a member of Grand Central Investment Holdings pic, has further raised its stake in Sunshine Allied Investments to 24.98 per cent. Welland paid $157,500 for the 35,000 shares or $4.40 per share. The purchase was made on Sep 7.
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      • 58 3 STRAITS STEAMSHIP LAND announced that its net tanS')le asset backing as at Dec 31, 1989 has been restated to 42.72 million or $2.68 per share from $596.99 million or 1.90 per share. The restatement follows an earlier decision not to depreciate its investment properties, which
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      • 31 3 MR LOH KEE KONG, a director of Chuan Hup Holdings, has sold off his 141,000 Chuan Hup floating rate notes on Sep 5 at $0.93 each.
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      • 111 3 JNNO-PACIFIC Holdings yesterday formally sealed its joint ventures with the Salim group of Indonesia to develop and manage an integrated chicken and poultry farm in Pulau Bulan (Indo-Pacific Poultry Industries, IPPI) and to distribute the processed poultry in Singapore (Indo-Pacific Food Industries, IPFI). Inno-Pacific will take
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      • 68 3 CITY DEVELOPMENTS, through wholly-owned subsidiaries City Condominiums and Eccott, will hold a 55 per cent stake in a joint venture to acquire a plot of industrial land at 196, Pandan Loop which was purchased from Prima Tech-Park for $43.5 million. CityDev's other joint-venture partners are
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      • 64 3 The Pacific Bank Berhad has turned in a group pre-tax profit of M 58.94 million for the half-year ended June 30, 1990, up 42.5 per cent from the corresponding period last year. Its unaudited interim results released yesterday showed that the group operating income rose 18.5 per
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      • 76 3 MBF FINANCE Bhd has forecast a pre-tax profit of M 558.7 million for the current year ending Dec 31, 1990. Based on a weighted average number of shares in issue of 239,687,500 shares of 50 sen each, on the assumption that its proposed rights issue
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  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 117 4 JAPAN'S Toyo Engineering Corp and ABB Lumus Crest Inc of the US signed a US$l.2 billion contract last Saturday to build an olefin centre in Indonesia. The contract for engineering, procurement and construction of the petrochemical project was awarded by PT Chandra Asri,
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      • 85 4 JARDINE STRATEGIC Holdings Ltd has reported an unaudited net asset value (NAV) of HK526.52 a share as of Aug 31, down from HK529.71 a month earlier. The company said that assuming conversion of all the outstanding 335,778 convertible cumulative preference shares into 187,196,235 ordinary shares, the
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      • 98 4 HITACHI LTD, Japan's largest comprehensive electronic machinery maker, will double production of video tape recorders (VTRs) in Malaysia to 30,000 units a month from a current 15,000 within the financial year ending March 31, 1991, a company spokesman said. VTRs will be produced at Hitachi
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      • 94 4 SONY CORP has started selling memory chips made by SGS Thomson Microelectronics NV under the Sony name in Japan, a Sony spokesman said in Tokyo. Sony is selling oneto eight-bit erasable programmable read-only memory (EPROM) chips made by SGS Thomson, a Dutch venture of France's
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      • 109 4 FORMER CHAIRMAN of the failed Qintex group Christopher Skase failed to answer a summons to appear in court yesterday, it was alleged in Brisbane. Skase did not appear for the resumption of an examination by the District Court of Lloyds Ships Holdings, an associate
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    • 542 4 THE ROYAL Dutch/Shell group in Thailand is determined to resist any efforts to include its American rival, Caltex, in its US$76O million refinery project in the Eastem seaboard of Rayong, the Bangkok Post reported on Saturday. The Shell Co of Thailand,
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    • 242 4 A THAI-HONGKONG consortium will seek funding overseas for a massive 200,000 sqm office complex in central Bangkok, touted as one of the biggest ever attempted in Asia. The Wireless Road project, based around three separate tower blocks, will be developed by Harbourview Enterprise of
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    • 460 4 THE OPERATOR of the official duty-free shop in Ploenchit, Downtown DFS (Thailand) Ltd, will have to dig into its own pockets to meet its contractual obligations as revenue has failed to meet expectation, The Nation reported. Suwan Panyapas, the managing director of TATDuty Free
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    • 290 4 THE CHAIRMAN of Caltex Oil (Thailand), Sukavich Rangsitpol, has submitted an appeal to the Thai prime minister asking the government to approve the siting of its oil refinery in the Eastern seaboard of Thailand, The Nation reported. It marked the tenth
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  • INTERNATIONAL COMPANY NEWS
    • 364 5 NYT A JAPANESE developer's purchase of the world famous Pebble Beach golf courses is further evidence that Japanese investment in the United States is moving away from commercial properties, real estate analysts say. "We saw a distinct trend (in Japanese investment) in 1989 away from
      NYT; Punch  -  364 words
    • 353 5 NYT THE BOARD of KPMG Peat Marwick, the world's largest accounting firm, voted over the weekend to support Jon C Madonna, an auditor who heads the San Francisco region, as the firm's next chairman, a director who insisted on anonymity said on Sunday.
      NYT  -  353 words
    • 537 5 NYT JUST AS it is about to cross the billion-dollar revenue milestone, the fast-growing Oracle Systems Corp has stumbled. The software company said last week that it would report its first loss ever in the quarter that ended on Aug 31. Oracle, based
      NYT  -  537 words
    • COMPANY BRIEFS
      • 84 5 NORTHWEST AIRLINES has lowered its feres to all five of its European destinations to as little as US$35B per roundtnp. The fares are for fell and winter travel to London, Paris, Frankfurt, Glasgow and Amsterdam. They can be bought only through Sep 21. Travel
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      • 65 5 TANDY CORP and unit Grid Systems Corp said they had filed a complaint in the US District Court for the Northern District of California in San Francisco against Texas Instruments Inc. Tandy said the complaint alleges that Texas Instruments violated US anti-trust laws by forcing system manufacturers,
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      • 108 5 ANGLO AMERICAN GOLD Investment Co Ltd, which reported a 38 per cent drop in fust-half earnings, said secondhalf results will depend lately on the rand gold price and the extent to which costs can be contained. The company, part of Anglo American Corp of South Africa Ltd,
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      • 123 5 THE STOCK of UAL Corp jumped by US$B a share last Friday, to U*****.25, on the New York Stock Exchange amid a flurry of rumours about the company. The principal rumour was that the union group trying to raise money to buy the company for
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      • 72 5 SEEQ TECHNOLOGY Inc, a semiconductor company, said in San Jose, California, last Friday that it would stop manufacturing its own computer chips and would instead have them manufactured by other companies. The move will mean the dismissal of about 95 worker*, about a fifth of
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      • 64 5 THE US GOVERNMENT has officially notified Congress that a deal had been worked out for the sale of 120 FA-18 jet fighters to South Korea. The deal will generate about US$2.7 billion in sales for the aircraft's prime contractor, the McDonnell Douglas Corp, and about US$5OO million
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  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 78 6 JAPAN'S monetary policy would not be hampered should the Federal Reserve lower interest rates, Bank of Japan governor Yasushi Mieno said. Although the US economy is slowing, there will be ups and downs before a recession. So it does not appear that
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      • 105 6 MICHAEL PAULUS, foreign exchange trading officer at the Federal Reserve Bank of New York, is leaving to join the private sector, a New York Fed spokesman confirmed. Mr Paulus, 33, will be going to First Chicago Corp, where he will be in the Institutional Marketing
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      • 80 6 SOCIETE GENERALE, a leading French commercial bank, said it had agreed to set up financing worth US$l.B billion for large petrochemical projects in Iran. The agreement was signed with Iran's central bank and the Iranian National Petrochemical Company, Societe Generale said in a statement. Projects involved
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      • 97 6 PERU'S private banks broke free of state-controlled monthly interest rates, slashing them from 100 per cent to 35 per cent. The decision by the Banking Association of Peru freeing its members from the dictates of the government's Central Reserve Bank came in response to an improvement
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    • 429 6 Bernama THREE Malaysian financial institutions have obtained approvals in principle from the informal committee on unit trust funds to set up three new unit trusts, Bank Negara said yesterday. A central bank spokeswoman said that the informal committee had just granted its approval in principle
      Bernama  -  429 words
    • 256 6  -  By Diana Oon FUNDS managed by Templeton, Galbriath and Hansberger grew 21 per cent to a record US$lB.3 billion at half time. The international fund manager, which has a secondary listing on the Stock Exchange of Singapore, saw continued growth amidst strong competition. For the
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    • 191 6 Reuter US TREASURY Secretaiy Nicholas Brady renewed his call for the Federal Reserve to sanction a cut in interest rates and said the US dollar's fall was not precipitous. He told reporters on his way home from a worldwide trip to raise funds for
      Reuter  -  191 words
    • 562 6 Reuter BRITAIN appeared on Saturday to have secured the backing of several major EC states for key elements of its counter-proposals to the controversial Delors Plan for economic and monetary union. Spain, supported by Portugal and Greece, called at
      Reuter  -  562 words
    • 391 6 Reuter ECONOMIC shock waves from the Middle East crisis may raise the cost of the US thrift bailout as high interest rates boost funding costs and foster the idea of recession, analysts said. "There'll be more defaults and foreclosures, which means
      Reuter  -  391 words
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    • 218 6 Thts announcement appears as a matter of record only BANK DAGANG NEGARA Cayman Islands Branch U*****,000,000 Note Issuance Facility with U5575,000,000 Standby Transferable Revolving Credit Facility Arranged by ASEAN FINANCE CORPORATION LIMITED Lead Managers The Sumitomo Trust and Banking Company, Limited. ASEAN Finance Corporation Limited Singapore Branch Malayan Banking Bertiad,
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  • Page 6 Miscellaneous

  • THE REGION 1
    • 580 7 AP THE SEARCH for peace in Cambodia resumed on an upbeat note yesterday after the warring factions appeared to endorse a United Nations peace plan. The latest round of negotiations is now aimed at forming a Supreme National Council, said Indonesian Foreign Minister Ali
      AP  -  580 words
    • 487 7 Reuter SERIOUS differences exist within the Phnom Penh government that could hamper Prime Minister Hun Sen's freedom of action in negotiating a peace settlement for Cambodia. Official sources and diplomats say that the communist government is as much a coalition as the
      Reuter  -  487 words
    • 580 7 Reuter THE GULF CRISIS has sent stock markets tumbling in most of the world, but in India it has fuelled a boom as the market absorbs a rush of funds from Indians living in the Middle East. Many of the estimated 500,000 Indians
      Reuter  -  580 words
    • NOTE BOOK
      • 140 7 MALAYSIANS can now travel to China without any restriction, Deputy Home Minister Megat Junid Megat Ayobsaid on Sunday. Megat said those making their first visit to China only needed to fill out an Immigration Department form, which will be processed within a day, before
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      • 99 7 The South Australian government is hoping to turn an industrial wasteland, polluted by chemicals and fringed by mangrove swamps, into a 21st century city that will help reverse Australia's brain drain. The site won out against bids from four other Australian states for a project
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      • 80 7 PHILIPPINE police seized explosive devices from a suburban home early yesterday, a day after the 19th explosion in four weeks damaged a Manila restaurant. Police blamed the explosion on dissident soldiers, and investigators warned that the dissidents plan more bombings in Manila this month. At dawn
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      • 112 7 THE volume of Hongkong's total exports in the first six months of the year rose by 4 per cent from the same 1989 period while imports were up by 3 per cent, Census and Statistics Department data show. Of the total, domestic export volume fell by 3
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      • 136 7 AUSTRALIA yesterday cancelled plans to send 50 volunteers abroad next year following last month's cut in the aid budget. "Developing countries around us in the Pacific and Asia and also in Africa will be affected by the fact that because of aid cuts we are unable
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    • 397 8 CHINA has given the Hongkong and Macau Affairs Office more power after a high-level meeting of officials in Beijing last week, the South China Morning Post said on Sunday. The meeting decided that the Beijing-based office would have greater prominence, under the Chinese
      397 words
    • 403 8  -  From Al 0 Labita Jr in MANILA SINGAPORE is now one of the major importers of Phil-ippine-made electronic products, says Manila's Trade and Industrial Department. In its latest report, the agency says that in the first half of this year, Singapore imported
      403 words
    • 145 8 Reuter AN OIL price increase in the Philippines may spark unrest and give army rebels an opportunity to stage a fresh coup attempt, Justice Secretary Franklin Drilon has warned. "The matter of an oil price increase must be handled very carefully. You see, the Aug
      Reuter  -  145 words
    • 246 8 THE COST of transport should be reduced to as low as S per cent of the total cost of goods, Malaysian Transport Minister Datuk Sen Dr Ling Liong Sik said yesterday. In a keynote address at a two-day international conference on transportation in
      246 words
    • 380 8 BANGKOK'S skytrain project was to reach its last hurdle yesterday when the Council of Economic Ministers was to spend an entire session discussing the 40-bil-lion baht proposal from the Lavalin International Group, The Nation reported on Sunday. Thailand's Interior Ministry recommended that Lavalin
      380 words
    • 340 8 Reuter NEW ZEALAND'S new Prime Minister Mike Moore promised yesterday to tackle a looming budget deficit but avoided specifying how he would do it. Mr Moore, who has less than two months to revive the fortunes of the Labour government before elections, said
      Reuter  -  340 words
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  • Page 8 Advertisements
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  • Page 9 Advertisements
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  • THE WORLD 1
    • WORLD WATCH
      • 76 10 GETTING a decision, any decision, out of Japanese bureaucrats can be time-consuming, but car-maker Toyota has pioneered a reform that cuts out at least one layer of red tape. Toyota and a number of other companies in Japan have done away with
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      • 87 10 A NATIONAL conference of Solidarity Citizen Committees on Sunday called on Polish President Wojciech Jaruzelski to resign as soon as possible and enable new presidential elections this year. The resolution, combined with a petition drive to oust Mr Jaruzelski, increases pressure on the former Communist Party
        87 words
      • 63 10 SOUTH KOREA'S National Assembly opened a 90-day regular session yesterday without the participation of Opposition members, who had tendered their resignations to protest against what they called a government plot to prolong the ruling party's hold on power. President Roh TaeWoo's ruling party, which controls the 288-member Assembly,
        63 words
      • 98 10 ISRAEL has devalued its currency, the shekel, by 10 per cent against a basket of international currencies, Finance Minister Yitzhak Modai announced in Jerusalem on Sunday. According to the Bank of Israel, the US dollar would be exchanged at the new rate of 2.4 shekels. Other exchange
        98 words
      • 80 10 SOVIET planes and helicopters have repeatedly bombed the Qala-i-Nau region to check Mujahideen rebel advances in western Afghanistan, the Pakistan-based Afghan resistance said on Sunday. The limited strikes were aimed at rebel forces led by Ismael Khan, said Burhanuddin Rabbani, leader of the Jamiat-i-Islami, a guerilla group
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      • 62 10 SOUTH AFRICA has rescheduled an unspecified amount of debts it is owed by the Indian Ocean archipelago of Comoros, the state-run television said in Johannesburg on Sunday. The agreement was signed by top South African Department of Foreign Affairs official Leo "Rusty Evans, who left for the
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    • 413 10 Reuter POLITICAL upheavals in the world and booming economies in Asia are resulting in increased activity for two arms of the World Bank. Multilateral Investment Guaranty Agency (Miga), the two-year-old World Bank affiliate that protects investors from political risks overseas, may be getting
      Reuter  -  413 words
    • 270 10 Reuter EAST GERMANS, newly enriched with Deutsche marks, are flocking across the border each weekend, raiding Polish shops and leaving a trail of animosity behind. Since monetary union with West Germany took effect on July I, East German customs has registered 75,000
      Reuter  -  270 words
    • 133 10 Reuter AN AMERICAN pizza restaurant chain, whose scheduled opening in Beijing was delayed by last year's political turmoil, finally opened its doors yesterday to the sound of firecrackers. Pizza Hut executives cut the ribbon on a US$l million, 856-square metre restaurant next to
      Reuter  -  133 words
    • 269 10 AFP INDONESIA has agreed to a South Korean request to sell oil to Seoul on a long-term basis from November, the Indonesian Mines and Energy Ministry said in Jakarta yesterday. Indonesia promised to meet South Korea's request for 50,000 barrels
      AFP  -  269 words
    • 546 11 The Gulf Crisis Reuter MORE Westerners flew to freedom, but tens of thousands of Asians remained trapped in miserable desert camps in Jordan yesterday with the Gulf crisis no closer to resolution despite a strong show of superpower unity. The presidents of the United States
      Reuter  -  546 words
    • 510 11 Reuter FINANCE ministers from the Western industrial world, determined not to repeat the economic policy mistakes of the 1970s oil shocks, are sending a bleak message to consumers that the Gulf crisis will spell hard times. In the first top-level discussions among economic policy-makers
      Reuter  -  510 words
    • 473 11 NYT THE Gulf crisis could benefit some military contractors by increasing demand from Saudi Arabia and other Middle Eastern countries for certain aircraft, tanks and missiles, said American government officials and industry executives. But the crisis will not reverse a sharp decline in Pentagon
      NYT  -  473 words
    • 327 11 Reuter UNITED STATES Secretary of State James Baker said that although US military action in the Gulf crisis was "very hypothetical", it had not been ruled out as an option. Referring to events in the Gulf since Iraqi troops stormed into Kuwait
      Reuter  -  327 words
  • Page 10 Advertisements
    • 188 10 c. Kr• Before you buy a dot matrix printer, blow it up. I^l f*'! "■':>— J f Compare the magnified image of a dot matrix around the same as that of an average dot matrix. So if you printout with that of the new HP DeskJet 500 and Plus, unlike
      188 words

  • Page 11 Advertisements
    • 148 11 GMnra He leal In_ the IMIs-MMs At Tan Chong, we have a wide range of Nissan w trucks and forklifts and hauling operations' needs. With the hallmarks of the renowned Nissan technology H and world standard quality, these machines are H 111 not only reliable, but also bear features that
      148 words

  • 485 12 EDITORIAL W"W T HILE a meeting of minds between %/m/ the US and the Soviet Union on y y the Gulf crisis was apparent even before the Helsinki summit this week, the meeting set that unity on record in a way that should have a
    485 words
  • WHAT THE OTHERS SAY
    • 174 12 IF MS BENAZIR Bhutto's downfall was, as her supporters allege, the result of the military's intervention to frustrate an increasingly independent civilian leadership, Pakistan will not benefit. But, if Ms Bhutto's intention was to enjoy the fruits of democratic authority without bearing responsibility for the larger issues at
      174 words
    • 161 12 WITH THE end of the Cold War between the two superpowers, a new chapter is being written on the Japanese-Soviet relationship. The main stumbling block, however, remains the stalemate over sovereignty of the Kurile islands to the north of Japan. But of late, the Kremlin has
      161 words
    • 160 12 FROM NOW on, it is believed that Singapore will be more active in granting foreign aid, but one caveat though. We must not over-commit ourselves. Even after Singapore has formally joined the ranks of the developed countries, it will need to adopt a cautious foreign aid
      160 words
  • REGIONAL VIEWPOINTS
    • 138 12 THE ARREST of two senior members of the National League for Democracy in Rangoon on Thursday night was apparently timed to disrupt the NLD-led movement demanding a handover of power to elected representatives of the people. Since the much-publicised general election in May, the Burmese military regime has
      138 words
    • 166 12 THE GOVERNOR is due to do some straight talking when he makes his annual state of the territory speech next month outlining his agenda for the coming year. When Sir David Wilson stands up in the Legislative Council chamber on October 10 to open the new session,
      166 words
    • 181 12 THE BANK of Japan last week implemented its fifth official discount rate hike since May 199. The latest rate hike seems aimed at closing the gap with money market rates, which have advanced sharply in the wake of heightened Middle East tensions. At the same time, the effect
      181 words
  • 892 12  -  The Apec nations meet to work out a common approach to the final round of Gatt negotiations in Geneva in December. Paul Gopal reports for BT from Vancouver Paul Gopal Vancouver, Canada's gateway to the Pacific, is the site of some hard bargaining on world trade
    892 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 40 12 DOONESBURY BY GARRY TRUDEAU I VIETNAM y£S,SJR. BLTTI you GOT UNO, SIR. JUSTA TV* OH.. THANK cra? UKB THIS MISSION A FAMILY* &fVKJ£NP.OUT U£U,(XAY, SSJJS XX/, 53*/ "r- AHJHOIG LOT MORg! TV£HEV&.Bf&I BUT JUST I aeAneoAOb.m- AMYFBOMHBR. PINNER- "t X
      40 words

  • ANALYSIS
    • 724 13  -  Danger of Gulf crisis overwhelming Aquino government, says Amando Doronila Amando Doronila The writer is editor in chief of the "Manila Chronicle". He contributed this view to the "International Herald Tribune". IHT THE government of President Corazon Aquino is struggling to avert
      IHT  -  724 words
    • 991 13  -  Army and technocrats may call the shots after Kim II Sung's death. Steven Weisman reports Steven Weisman NYT FOR decades, North Korea has lived up to its reputation as a police state specialising in terrorism, intimidation and bizarre versions of history. Forty years after troops from the
      NYT  -  991 words
    • 754 13  -  The Thai military has found a partner in the Khmer Rouge. Michael Adler reports Michael Adler The writer is a Bangkok-based journalist who often visits the Thai-Cambodian border region. IHT Fighting continues in Cambodia despite the shift in US policy designed to oppose the Khmer Rouge. The
      IHT  -  754 words
  • Page 13 Advertisements
    • 120 13 OKICOM-G DIGITAL KEY TELEPHONE SYSTEM COMPACT MMEffIM WIZARD .-J: DKjfTAL KEY TELEPHONE SYSTEM TYPES 308/512/824/1644 It's a wonder how this wizard can pack Synthesised voice message so many sophisticated features in so Headset and voice recording facility compact a size. Data terminal connection tor LAN IDD password lock LD, OO
      120 words

  • INNOVATION & TECHNOLOGY
    • 452 14  -  Lotus is determined to get to the root of a repackaging scam, no matter the cost, reports Claire Leow Claire Leow SOFTWARE HOUSE Lotus may have to spend at least US$5OO,OOO to replace illegal-ly-repackaged products sold in this region since January last year. Jeffrey Siebach,
      452 words
    • 749 14  -  ■T MATTERS Separate developments last week in the computer industry underlined the keen fight for market dominance. Kenneth James reports Kenneth James IBM flexed new muscle in the heavyweight mainframe division of the computer industry last week. But some action was also seen in
      749 words
  • Page 14 Advertisements
    • 202 14 MEDIC-ASIA'9O® 7-20 September ***** World Trade Centre Asia's longest- Singapore running hospital, vr /f nedical and laboratory V Defen^MXSsia- 9 o U equipment exhibition is Vy cimicai Lab 90 back this time with more exciting features to benefit you #1 You'll have the t 11 1 1 =aw,A professionally! M
      202 words
    • 151 14 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With just a couple of keystrokes, they can specify the transmission time to send their messages to
      151 words
    • 115 14 ■®fting 1 600 *y3 Hfi 4j MB ME %3 H I 4 ww The expressiveness of every line depends on the quality ofthetool with which it wasputto paper. Broad lines, thin lines, that live in the precision with which they were brought to paper. That's the rotring 600. Dependable, uncomplicated
      115 words

  • CORPORATE FOCUS
    • 761 15  -  Hitachi is racing to be the first to perfect the 64-megabit chip, reports David Sanger David Sanger NYT A GOOD PLACE to view the intense pressure to be first, the incredible expense, the dedication and the hyperbole that surround Japanese high technology these days is
      NYT  -  761 words
  • Page 15 Advertisements
    • 219 15 HOTEL MERIDIEN Soft winds and tropical blossoms make business a breeze. With its lush tropical flora, beautiful But all work and no play make Jacques a verdant views and soft, enchanting breezes, very dull boy. So you 11 find a charming bar, business becomes more of a pleasure at Le
      219 words

  • Page 16 Advertisements
    • 245 16 ucilliua UIUIUI OllU MIVIV iaiv. rrrf «r «r WHERE TO WINE, PINE AND ENTERTAIN.. .WHERE TO WINE, DINE AND ENTERTAIN.. .WHERE TO WINE, D1NE....... THE TEA ROOM TAKES YOU SOUTH OF THE BORDER. I It's fiesta time at The Tea from the Camino Real of Room. So grab your sombrero
      245 words
    • 293 16 UNIQUELY HYATT Brannigan's is a pub unlike others it specialises in fun! Cocktails, snacks and live entertainment awaits you in the basement of the Hyatt nightly. Opening hours: Monday to Sunday 11 am to lam am HYATT REGENCYOSNGAPORE 10-12 Scotts Road, Singapore 0922 Tel *****88 Telex RS ***** Telefax *****96
      293 words
    • 295 16 Every nite's Valentine's Nite 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 51 Rraaik«dSMMUro7)ttl
      295 words
    • 389 16 Amidst Imperial splendour, our chefs ft x ~"J f .mm stage their hlghly-acclalmed performance p-f I I 'jEji 1 o( legendary Beijing cuisine to the satis- I I IPf I I taction ot demanding dlnersTo guarantee I I y jw J your place amongst the discerning, make I f *11
      389 words
  • Page 16 Miscellaneous
    • 538 16 TELEVISION AND RADIO ——==r A 1 8.00 Ifs Yo«r M«vt (L). SJO SpHinww (Cartoon). BUSINESSOft SAP# jlQCll 1* 1 JS HZIZIZn* -M» ff!" B0C.M.»*ll«lfW« ICI llijlvlll k3 UClkjll 7.25 PM AfUr Maury Last Walk Slowly. Joe Maxwell OJO RM|MM la Ma*. 7.10 am, 9.25 am, 1.30pm, Chances (last ep). convinces
      538 words

  • LIFESTYLE
    • 1182 17  -  Nairobi-based journalist Mary Anne Fitzgerald looks back at Evelyn Waugh's sojourn in Ethiopia and sees striking parallels with the situation today Mary Anne Fitzgerald IHT THE ADAGE that life imitates art did not apply to the late Evelyn Waugh. His novels faithfully cribbed
      IHT  -  1,182 words
    • 396 17 CHATTERBOX ALEX HALEY says he may not have become a writer if his parents and grandparents had not given him a thick slice from a California redwood as a gift 60 years ago. The tree slice had small white markers illustrating the
      396 words
  • Page 17 Advertisements
    • 314 17 ...AND ENTERTAIN P" 1 -ML 1 1 r "There's More To Brussels Than Sprouts." Chef Pierrot van Hauwermeiren 5 BELGIAN IK m GASTRONOMIQU fc '■mj FAIR: SEPT STO It llf BUSINESSMAN'S I M LUNCHEON: $3100 JP PER PERSON F NOON TO 2 30PM DINNER 7PM TO SiMHHSMMHHii 10 30PM From
      314 words
    • 202 17 SINGAPORE'S RESTAURANTS -«e©«nrn©N*Symbols 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! I
      202 words
    • 110 17 TDSMI/ a Restaurant and 1 li\/lIV/i Karaoke Lounges FINESf RUSSIAN AND CQNTINENTAI CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte 4BllMlS>lSflVo||BlflS9liilll9il9lll>MMllllSllll9liilf<ll<VliSl<iMHß Restaurant Hours t# i c Karaoke Hours Mondays to Saturdays Daily• 7.00pm to 2.00 am Mondays to Sundays
      110 words

  • SPORTS
    • SIDE LINES
      • 207 18 CAREY NELSON, in his first serious attempt at the marathon, won the Toronto Marathon on Sunday in two hours, IS minutes, 13 seconds. Nelson, 27, of Vancouver, the Canadian 10,000-meter champion, pulled away from favoured Peter Fonseca of Toronto in the closing stages. Fonseca, third in
        207 words
      • 99 18 JOEY SINDELAR paired the first hole to defeat Willie Wood on Saturday in a sudden-death playoff at the Hardee's Golf Classic. The pair finished the tournament tied at 268, 12-under par, after Wood shot a 69 and Sindelar a 66. After both golfers hit their
        99 words
      • 177 18 PATTY SHEEHAN sank a 20-foot birdie putt on the 18th hole for a one-stroke victory on Sunday in the Ping-Cellular One Golf Championship. Sheehan, who won for the 24th time in her 10-year professional career and for the fourth time this season, began three strokes off the lead
        177 words
      • 130 18 THE Dallas Cowboys, whose rapid descent reached its lowest point with a 1-15 record last season, equalled that victory total on Sunday with a 17-14 win over San Diego. Atlanta, wearing its black uniforms for the first time under new coach Jerry Glanville, wore out the
        130 words
      • 114 18 PAKISTAN Under-19, needing to win the third Test to draw the series, snapped up two quick wickets after forcing England to follow on 197 runs behind on Sunday. England lost openers Paul Grayson and Piran Holloway for 43 runs. Matthew Keech's 87 in 246 minutes provided
        114 words
    • 1014 18 The US Open Agencies TEENAGER Pete Sampras overwhelmed Andre Agassi on Sunday to become the youngest US Open champion in history. Sampras played a dream match, acing Agassi 13 times and hitting 12 service winners with serves up to 124 mph in a 6-4, 6-3,
      Agencies  -  1,014 words
    • 551 18 AFP CHUNKY Australian Peter Senior, who almost gave up golf three months ago, pipped Britain's top starts for the Panasonic European Open title at Sunningdale in England on Sunday. He fired a last round 66 for a 13-under-par 267 and the £66,660 first prize, giving heart
      AFP  -  551 words
    • 614 18 AP POLE SITTER Ayrton Senna of Brazil led from start to finish and beat arch rival Alain Prost by six seconds on Sunday to win the 61st Italian Grand Prix and tighten his hold on the Formula One season championship. It
      AP  -  614 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4492 19  -  By Quale Hiang Whai SHARE PRICES on the Singapore stock market yesterday closed moderately higher on thin, speculative buying and bargain-hunting following the Tokyo market's sixth biggest gain in history. Wall Street's advance last Friday and easing crude oil prices also helped to underpin
      4,492 words

  • 4018 20 Main Board SIA Foreign 1510 +50 +3.4% Kings 257 +26 +11.3% Spore Land 1240 20 +1.6% SIA 1160 20 +1.8% Metro Hldgs 410 +16 +4.1% DBS 990 +15 +1.5% OCBC Foreign 800 +15 +1.9% Isetan 50* 680 +15 2.3% CoM Storage H 440 +14 +3.3%
    4,018 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3655 21 Bernama SHARE PRICES on the Kuala Lumpur bourse closed steadier yesterday in cautious trading but the sharp gain in Tokyo failed to boost market sentiment on the Malaysian market very strongly. The KLSE Composite index rose 2.83 points to 544.24 while the Industrial Index
      Bernama  -  3,655 words
  • Page 21 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 97 22 Ccapaay Data Ymr (nap Nat Mat —rait* Grata mm to prtflt/toM (L) par slur* <Mi—< ('000) (Mb) Menus Am| 31 Mar 90 $1,085(51.129) 5.4(5.6) 6(6) Ml Aac 31 Dac 89 M$20,413($19.771) 3.7a(3.6a) 3 la(3 la) Banal Aug 30 Mar 90 HK$30,081 ($70,067) 8.1(21.7) 70(110) Man 8M Auf 27
      97 words
    • 209 22 ruin Ymt CrM9 pr*-tox N«t wratafs firms mm to pr«m/toM (L) par skara iM ('000) ((tab) Mmyan Sep 5 May 90 M$1.505(85,224) 0.7(2.2) 1.5(1.5) CdU Storig# Sep 4 Jun 90 (41.302(131,149) 186(98) 10.7(2.9) Cm Plaot Sep 1 tun 90 MJ88.700($157,400) 6.3(119) 18.4(32) 0MB BM Sep 1 Jun 90
      209 words
    • 374 22 Sap 7 The Kuwait Investment Otflca has withdrawn its entire stake of Cycle and Carnage shares held by Mayban Nominees (Singapore) from the Malayan Banking Bhd subsidiary. MBf Hokflnp has acquired a 51* stake in Ibis Automobile, the franchise holder for Peugeot motor vehicles and related spare parts
      374 words
    • 894 22 CwvMt Ex Baafca Dal* Talalhr Tttrifcr pijmiirt Ma daaa payaMa thayaar laatyaar Mn rtdp 6* Auc 28 Sep 7 ft* 26 6% 6% MOB 2.5% Sep 14 Sep 28 Oct 27 2 5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) Mm 7.5%TE(I) Oct 12
      894 words
    • 349 22 firnf —r Data HaM-ycar Crowp prt-tax mi to prdlt/lMS (L) dhridiid COOO) tin Hong Sep 7 Jun 90 J6.868($5.902) Iff Sep 5 Jun 90 $549($1,538) AM Anro Sep 4 Jun 90 962b(984b) 28(-) Am Pac Land Sep 4 Jul 90 M$6,268($3.632l) Pvtway HUgs Sep 4 Jun 90 $15.709($14,432)
      349 words
    • 398 22 IMppin Stocks Last Frf Ymt cm+m taM Date Ya» IM EPS few M M yJ f 'S-OOC LmIW Mm Mar 30 Dk 89 M5L(h) BB Mm Apr 26 M 90 9 3(a) 2J1E(a) 4.747 FIN Mm Jun 23 Sep 90 35 6 18.0 62,868 M Mm Auf 11
      398 words
    • 417 22 Company Rights Issue KMi Kafat (XK) Ohm tor sate by or on betalf of Utd Enprnvs (M) Bhd of 25 2m stares by way of I nghts otter to entailed shareholders of KK on the bass of tour tor-one 9 MSIJ5 cadi Ei-dafc Jul 20 Books dose Aug
      417 words
    • 652 22 BONDS, LOANS WARRANTS ttC m Batore 26/4/S3 I wamnt guc $3.09 cadt Caaawy Ua C—iap m 2/10/89 Id 20/10/94 1 warrant ptos SI ca* or 1 warrant ptos |1 vrtnM amount Ot loa itDdL aim* Mm Qwltpl Mack 87 to 31/12/91 1.55 mmrants Ha 11-56 caft. OH MM 1/8/89 to
      652 words
    • 125 22 RECORD HIGHS LOWS BT Comoosite Index ST IndntrMs Index ,***** mm "g* 1990 tat 1084.43 (23/8/90) }Jg* 1989 Mftc 1322.00 (28/12/89) 1989 1mr 917.42 (4/1/89) °30« JJJg 1918 N* 1043.86 (8/8/88) 1*» 12"!? iX?2E 1988 to* 737.83 (4/1/88) J***. g"J iXlffi M-tbm Nfh: 1435.43 (16/7/90) "g.12 27/3/W M-tm Imt 64.83
      125 words
    • 451 22 Cowpawy Rights Issue Baton One-tor tour fe MJ2 00 per start C—i Wl Iw Cjpfcl rwtoctnn scheme to rata* par value of dares Iran SI 00 to $0.60; (bghts issue of 3:4 JO 60 per share CM One-tor-one 0 M$4 00 per share Every tour nfhb shares would
      451 words
  • Page 22 Advertisements
    • 110 22 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
      110 words

  • TOKYO STOCK EXCHANGE
    • 2261 23 Reuter TOKYO STOCKS closed sharply higher yesterday with the benchmark Nikkei average charting its sixth largest gain in history. But brokers were sceptical the gains could be maintained, noting that the advance was a result of concerted buying by major brokerages in otherwise
      Reuter  -  2,261 words
  • STOCK EXCHANGE OF HONGKONG
    • 2414 23 Reuter HONGKONG STOCKS yesterday climbed upward to close at what brokers said was nearly the top of a fair trading range given the lingering uncertainty in the Gulf and a lack of fresh news in the market. "We're running out of stories
      Reuter  -  2,414 words

  • REGIONAL STOCK MARKETS
    • Tokyo rally sends Australian stocks higher
      • 235 24 A BIG RISE on the Tokyo stock market and an absence of local sellers combined yesterday to push the Australian share market to its highest close for a week. Brokers said major stocks rallied in early trade. "There wasn't much stock around either so buyers were forced to bid
        235 words
      • 671 24 Australia 1 A Cents VoifOO) ANZBank 449 9 2181) Add Stm 355 25 100 j Ariadne 1 I BHP 1135 35 2004 Bell Group 6 j Bougvile C 118 -J CRA 1125 35 1001 Cotes Myer 746 10 463 Denehurst 97 Elders Ixl 160 2 4730 General Pt 272 2
        671 words
      • 365 24 TAIWANESE STOCKS surged yesterday as investors reentered the market with enthusiasm after a Friday and Sat- urday closure due to Typhoon Dot. The weighted index closed 179.13 points, or 5.41 per cent, higher at 3,487.98 compared with Thursday's 3,308.85 close. Turnover was NT524.4 billion against NT$2l.B billion. Dealers said
        365 words
      • 309 24 NEW ZEALAND SHARES ended higher yesterday following improvements on overseas bourses, but the rise was on very low turnover. "I would have more confidence in the market if there were more buying orders," Rue Bourke of CS First Boston said. "Our market has been oversold, but if there's another
        309 words
      • 502 24 PHILIPPINE share prices closed lower yesterday as wary investors sold ahead of impending petrol price increases and the violence expected to accompany talks on US military bases in Manila next week, brokers said. The Manila Stock Exchange composite index settled at 701.68 points, down 10.99 from Friday's close. Combined
        502 words
      • 832 24 SEOUL STOCKS ended just above the previous close yesterday after fluctuating within a narrow band in very thin trade, brokers said. The composite index closed at 612.63, up 0.06 point from the previous session. Turnover was 59.9 billion won compared with 57.3 billion in Saturday's half-day trading. Brokers said
        832 words
      • 696 24 THAI STOCKS finished slightly higher in thin and lacklustre trade yesterday as most investors stayed away on deepening fears of a world recession, brokers said. The SET Index gained 1.74 points to close at 839.80 on turnover of 26,671,822 shares worth 2,016.58 million baht. Advances led declines 93 to
        696 words
      • 615 24 THE JAKARTA stock exchange composite index closed lower yesterday, easing 1.93 points to 544.67, but turnover nose to 2.45 million shares from Friday's 1.92 million. Bank Duta was the most traded on the regular market, with 614,500 shares changing hands, but it fell 300 rupiah to 5,900. Inco was
        615 words
      • 88 24 Close PwIom x Sep 10 SYDNEY All Ordinaries Index 1500.9 1479.0 +21.9 All Industrials Index 2236.1 2207.1 +28.3 All Resources Index 928.1 911.7 +16.4 Turnover (million) 52.0 101.0 -49 BANGKOK SET Index 839.80 838.06 +1.74 Turnover (nearest "000) 26,672 NA JAKARTA Composite Index 544.67 546.60 -1.93 Turnover (nearest *000) 2.45
        88 words
      • 355 24 Ia local cwreacy la SI la US$ day year day year day year Sep 7 ladex chaap chaafe chaage ch—ft cfcaft d—n World 366.4 0.4 -21.2 1.1 -23.8 0.1 -18.4 1EAFE 493.5 0.0 -27.5 1.0 -28.1 0.0 -23.1 Europe 386.2 -0.3 -14.3 0.1 -10.0 -0.8 -3.7 Pacific 816.6 0.3 -35.7
        355 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 693 25  -  THE S KAN CIL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, lexeraged up to 10 times, for trading in a portfolio of deutschemarks. yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen
      693 words
    • 580 25 FOREX MARKET REPORTS THE US dollar yesterday closed lower against the yen but higher against other major currencies after active cross trading in Tokyo, and sterling declined sharply because any quick entry by Britain into the Exchange Rate Mechanism of the European Monetary System
      580 words
    • 1309 25 SIMEX EUeOOOUA* Open High Low Sett Est Vol Op/Int Vol Sep 90 92.03 9104 9100 9100 906 ***** i»48 Dec 90 92.13 92.14 92.11 92.12 6490 ***** ***** Mar 91 92.09 92.09 92.07 92.08 1620 8434 2754 Jun 91 91.93 91.94 91.93 91.93 195 1636 590 Sep 91
      1,309 words
    • 389 25 Cross rates Sep 10 USS SS MS Dm Yen SFr AS NZS uss 1.7730 2.6875 1.5680 139.50 0.5305 1.3030 1.2210 1.6077 ss 0.5640 1.5158 0.8844 0.7868 0.2992 0.7349 0.6887 0.9068 MS 0.3721 65.97 0.5834 0.5191 0.1974 0.4848 0.4543 0.5982 Dm 0.6378 1.1307 1.7140 88.97 0.3383 0.8310 0.7787
      389 words
    • 552 25 Interbank rates S$ Bid Offer Overnight 5 1/4 5 1/2 1-month 6 1/2 6 5/8 2-month 6 9/16 6 11/16 3-month 6 5/8 6 3/4 mode: 6-3/8 USS Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/16 8 3/16 2 months 8 8 1/8 3
      552 words

  • COMMODITIES
    • 399 26 AP THE Latin American Energy Organisation (Olade) has called for an agreement to ensure regional oil supplies, saying Latin America should cut its dependence on oil. "Now is the time to reach a general regional agreement on petroleum supply, to ensure long-term
      AP  -  399 words
    • 290 26 Bernama THE Malaysian government will continue to monitor pe-troleum-related ventures to ensure that national interest and policies are adhered to, Minister in the Prime Minister's Department Datuk Dr Sulaiman Daud said yesterday. He said the government would ensure that the country was
      Bernama  -  290 words
    • 834 26 REPORTS THE price of tin slipped 13 sen to a 46-month low of M$ 15.09 per kg on the Kuala Lumpur Tin Market on poor buying support and higher disposals. The previous low was M$ 15.06 on Oct 28, 1986.
      834 words
  • 1292 26 Rubber sepio MSIWIiMw) SoenO/kg Noon Close Int 1 RSS Prompt 156.25/157.25N 156.50/157.SON Int I RSS Oct 90 156.50/157.50 156.7VI57.75N Int 1 RSS Nov 1S7.00Z 158.00 I57.2VI58.25N Int 2 RSS OP I51.00/I53 00N I5I.OOZ153.OON Int 3 RSS OP 146.50/148.50N 146.50/148 50N Int 4 RSS OP 142.50/144.50N 142.50ZI44.50N Int 5 RSS
    1,292 words
  • Page 26 Advertisements

  • THE TRAVEL PAGE
    • 981 27 C*y FVgtt ETA FHgM ETD City Fllgfct ETA FlgM ETD kkmOkM GA893 1045 GA892 0010 Kito Lnwpar MH640 0610 SQ102 0730 GA886 0010 MH630 0930 GA974 2359 SQ103 0950 MH604 0700 MH605 1020 SQ104 0830 rzzr zr— SQ105 1050 MH670 0950 kMtktt SQ226 2035 QF82 2200
      981 words
    • 658 27  -  LETTER FROM ELLIS ISLAND By Charles Caruso Ellis island, once the gateway to America for millions of immigrants, will soon be teeming with masses of people again but they will be visitors rather than refuge seekers. The island, which sits in New York harbour in
      658 words
    • 152 27 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4340 1.4540 Canadian dollar I.SOS I.S3S NZ dollar 1.075 1.1500 Sterling pound 3.2900 3.320 US dollar 1.7650 I.77SO Local dollars to 100 units of foreign ciBTency Austrian schilling 15.80 16.80
      152 words
    • 203 27 Duration Title Venue Organiser Td Duration Title Venue Q < imier Jjj Sep 7-17 International Switzerland Schweizer Muster 61/686.20.20 Oct 1-12 Singapore Business Vancouver, Singapore *****87 p air Mustermesse Development Montreal, Manufacturers' x/ati ii m Mission To Canada Calgary Association Sep 10-16 International Spain Font 3/423.31.01 t~™\~
      203 words
  • Page 27 Advertisements
    • 48 27 "T" nu>int>> pcrM>n v inouc cur\ lucmJu. I M I lhur»Jav.Vituril.n ,inilSunil.i\. I c.i\int;( h.tnp I I ft I I \irport .it IS hourN uiJ it I x^.in J M V 1 Intcrn.itiorul \irport the follow inc (jZ) A I;i:i-: i m «»i I-'ki>ii An: v^V Air Canada
      48 words
    • 63 27 1T5400 PORTABLE POWEfIHOUSf LT3BOO GO-AWtWMERE BATTBW LAPTOP LT3400 THE AffOBQABLf PORTABLE Eie. Chin Bm D«+w» Sui(apan 2261 —J^^'Sjp m *****22 (IS tin**) tt|iAS3^Hl Fu. *****64, *****96 Tlx; TECO RS ***** Hil^B-"^^B *****0 386SX VGA LAPTOP J 5600 388® VGA LAPTOP GAS PLASMA SCREEN WITH f*PER WHITE l£o SCREEN REMOKBLE BAITER?
      63 words
  • Page 27 Miscellaneous
    • 259 27 1 State makes Muslim leader ring Iran revolutionary 6 Goes down in the main (4) 9 Difficulty of a rose-bush —-L| J——LbJ— ]■■T" perhaps (10) j^H 10 Two parties now extinct 13 Lend to a stranger with iT I hooked fingers (7) 15 Constance goes round no flfl particular ravine
      259 words
    • 215 27 Singapore Outlook: Showers over several areas in the late morning and early afternoon Report Max temp 29.1* C Assoc humidity 74% Min temp. 23.TC Assoc humidity 100% Hrs of sunshine. 1.30 Rainfall in mm 12.5 Rainfall this mth 85.9 Rainy days this mth 8 World forecast Asia-Pacific Hi/Lo* Cood. Auckland
      215 words
    • 25 27 suwc.^.. SOJRS IN Posted «o« Jones.... \k>v T J go>»jg doujm ro V I ine Toftess Be^cw... \L-—— C EVENING STAMOARD CO. LTD, IM2-IMO Mi «*<
      25 words

  • 484 28  -  By Quak Hiang Whai THE AVERAGE daily turnover in the Singapore foreign exchange market reached US$74 billion in the first five months of this year, up from US$6O billion during the same period last year. And it touched a record
    484 words
  • 276 28 Reuter HIGHER oil prices resulting from the Gulf crisis will have only a small impact on Japan's economic growth in the fiscal year ending on March 31, 1991, private Japanese research institutes said. The oil price rise will cut Japan's growth in 1990/91
    Reuter  -  276 words
  • 307 28 THE MAJOR challenge facing the next generation of leaders will be to have the prescience to carve an international role for Singapore amid the vagaries of the world economy, said Prime Minister Lee Kuan Yew. Assuming regional and world
    307 words
  • 271 28 Reuter TAIWAN'S capital outflow hit a record high in the first half of 1990, but officials and bankers yesterday said the flow of funds would slow in the second half. The main cause of the slowdown would be a decline in speculation that
    Reuter  -  271 words
  • 217 28 AFP THE ATTORNEY General's office in Jakarta said on Monday that it would investigate possible improprieties in Bank Duta, a private financial institution connected with President Suharto, the Antara news agency said. The news agency quoted Attorney General Singgih as saying that he
    AFP  -  217 words
  • 721 28  -  The Bottom Line NOORDIN SOPIEE NOORDIN SOPIEE Dr Noordin is Director-General of the\ Institute of Strategic and International Studies (ISIS) Malaysia. The views expressed are entirely his own. BY THE END of this century, an economic Pax Japonica may well be in place in
    721 words
  • Page 28 Advertisements
    • 81 28 PiageT JMILUER EN HORWGERIE DEPUISIB74 GENft'E FULLY FURNISHED EXECUTIVE OFFICE for the mere price of a room! Complete facilities telex, fax, copier, word processing, secretarial services, conference room, answering service, long snort term lease you name it! Your inspection enquiries welcome WORLD-WIDE BUSINESS CENTRES (S) PTE LTD .11-04 06 Peninsula
      81 words
    • 440 28 PugeT JCWLUER EN HORLOGERIE DEPUISIB74 gen Eve I 25 26 September 1990 Koala Lumpur Hilton I I Top level speakers will address pertinent Presenting a panel of the industry's top I I issues like: professionals: I I The Malaysian tax system and its recent ■Mr Veerinderjeet Singh I I developments
      440 words

  • Shipping Times
    • 382 29  -  By Fauziah Hj Ismali MALAYSIA'S inland waterways, including its rivers and lakes, can be developed to foster greater economic integration and promote tourism. These waterways, if properly developed with infrastructural facilities such as jetties and boats, will enable the government to overcome any constraints
      382 words
    • 348 29 Bernama A 20-YEAR development programme for Malayan Railway (KTM) has been drawn up to improve train services in Malaysia, Transport Minister Datuk Sen Dr Ling Liong Sik said. He said on Saturday the plan would include the upgrading of infrastructural facilities and the dual-track
      Bernama  -  348 words
    • 443 29  -  From Rahita Elias in TAIPEI TAIWAN'S Uniglory Line, which is investing some US$ll5 million to renew its fleet, is eyeing China as "another possible destination" for its services, said a senior company official. But Mr Johnny Kuo, its executive vice-president, told BT in
      443 words
    • 215 29 THE THAI government is considering a proposal by ThaiSat Satellite TV Co, a joint venture between Loxiey Bangkok and Hongkongbased Hutchinson Telecommunications, to set up a satellite relay earth station in Thailand. ThaiSat wants the station in either Chiang Mai, Chiang Rai or Nong
      215 words
    • 285 29 PRIVATE Singapore-based carrier Pacific International Lines (PIL) will soon launch a full-container service on the Far East route to complement its existing monthly multi-purpose offering. "We still find the need for a breakbulk service but we also see an increase in demand for
      285 words
    • NEWS SUMMARY
      • 111 29 THE AUSTRALIAN Cabinet has approved a merger of the two government telecommunications companies and moved to allow private competition in the field. OTC, the overseas carrier, and Telecom, the domestic service, will be merged and restructured, Prime Minister Bob Hawke said yesterday. He said that
        111 words
      • 63 29 USERS of mobile phones in Hongkong can use them in Beijing, thanks to a new telephone network installed by Pacific Link and Swedish telecommunications giant Ericsson. The network with an initial capacity of 2,000 subscribers, more than double the current capacity in
        63 words
      • 30 29 AIRLINES are lining up to provide services to Berlin, which is poised to become a vital connecting point between East and West Europe. Pa|e 2
        30 words
      • 38 29 THE United States is examining a joint project with the Soviet Union to produce a civilian aircraft to compete on international markets, Soviet President Mikhail Gorbachev said on Sunday. Back Page
        38 words
      • 39 29 A NATIONWIDE strike by the Harbour Workers' Union closed New Zealand ports and the country's only oil refinery said it would have to cut production if the dispute was not settled quickly. Back Page
        39 words
    • 85 29 Reuter NIPPON Telegraph and Telephone Corp (NTT) will use telecommunications satellite circuits to transmit images, sound and text for its intergrated services data network (ISDN) starting in April 1991, an NTT spokesman said. NTT will use Japan Com- munications Satellite Co Inc's telecommunications satellite until the
      Reuter  -  85 words
    • LOG BOOK
      • 91 30 ALL Nippon Airways Co Ltd (ANA) said in a statement it has applied to Japan's Ministry of Transport to jointly operate Nagoya-Kuala Lumpur flights with Malaysia Airlines (MAS). Pending approval, ANA plans to operate two flights a week from Oct 31 between Nagoya in
        91 words
      • 112 30 BOTH Japan Airlines and Lufthansa say they are not seeking stakes in Australian airlines. "Qantas has not provided any details, so we have not started considering whether to buy the shares," said a JAL spokesman. "Some (JAL) officials wonder if we should buy (Qantas) shares without
        112 words
      • 72 30 A SOUTH KOREAN seaman was killed when a Panamaniareregistered tanker caught fire in the South China Sea, the Singapore Marine Department said. Twenty-five other South Koreans were rescued by a nearby fishing vessel after it received a call to assist from the marine department. The
        72 words
      • 89 30 BRITISH Aerospace pic's (BAe) space systems division has signed a six-month protocol with the Soviet Ministry of Aviation Industry to study jointly a new low-cost satellite launch system. BAe said the study would consider the feasibility of an interim Hotol to be launched from the Soviet Antonov
        89 words
      • 86 30 THE 150,764-dwt Maltese tanker Silver Energy sailed out of the Suez Canal to the Mediterranean on Sunday after being held 20 days for spilling oil in the waterway, shipping sources said. Owners of the tanker agreed to pay US$4.B miflion in damages for traffic delay and
        86 words
      • 55 30 ONE oil tanker of 93,231-long-dwt was sold for scrap in August, compared with four amounting to 279,842 long dwt in July, London shipbroker Howard Houlder said. This brought total tanker sales for the year to 16, totalling 591,135 long dwt, compared with 34 (1,401,296 dwt) in
        55 words
    • 612 30 Berlin the airhub with a future Airlines are lining up to provide service to Berlin, which is poised to become a vital connecting point between East and West Europe NYT WITH the reunification of Germany only weeks away, airlines are lining up to provide service to an undivided Berlin that
      NYT  -  612 words
    • 619 30 AFP WHILE international airfares are rising because of the increased price of Gulf oil, Australia's domestic airfares were slashed from yesterday in the industry's biggest ever price-cutting war. The price cuts are aimed, the airlines say, at beating increased competition expected in
      AFP  -  619 words
    • 926 30 Sept 2-14: Anatomy of ship finance, Cambridge Academy of Transport course at Madingley Hall, Cambridge. Sept 9-12: 1990 FIATA Congress, Glasgow, Scotland. Sept 10-11: International conference on the transportation industry in Malaysia, organised by The Chartered Institute of Transport, Hilton Hotel, Kuala Lumpur. Sept 10-14: Reinsurance Rendezvous, Monte
      926 words
    • 12496 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,496 words
    • 3481 43 A- Coatatoa*ae NV: Bdsin Shpg I Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PNV Accord Graapc Accord Shp» Pte Ud (SV Accord Contr Line (PK/PNV Adkris Basiaeas Corporsdoo PhUippiae Cabource Shpg A Trdg Pte Ltd (S) Ateeakbi LJm Service Kim Shpg A Trdg CSV 11 111 Sea-Ab Service
      3,481 words
    • 231 43 Abacas Courier* Tel: 545-8011, 448-6415. Air Express Scrricc Td: 533-5771. Fax: *****44 Ahhorae Freight Corporation Td: 542-8844. Fax: *****16, *****80. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. Chy-Liak lateraadoaal Td: 344-3377. Fax: *****50. Claster Liak Supplies A Serricm Td: 296-5720. DHL lateraadoaal Td: 344-8911. Fax: 3454%!.
      231 words
    • 1434 43 Abe* Express Freight Td: 542-7171. Fax: *****84. Actiaic Forwarder Td: 225-1833. Fax: *****42. Acthak Siagapore Td: 542-7822. Fax: *****20. AeraUak Freight lateraadoaal Td: 545-8033. Fax: *****05. Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express latrraadoaal Td: 542-7666. Fax: *****74, *****50. Air Market
      1,434 words
    • 2849 44 ARGENTINA Saa Lorenzo: Four vessels in port of which 1 loading soya pellets, I loading chemicals; 2 vessels in roads awaiting berth to load by-products. Roaaria Three vessels in port of which 1 loading soya, 1 loading maize, soya and by-products, 1 in ballast awaiting orders; 1 vessel
      2,849 words
    • 617 44 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER The Jarabella: VLCC of 274,938 dwt and built 1975, on offer at US$34 million. Hftteen: bulk carrier of 21,916 dwt and built 1973, on offer at USS2.B million basis as-is. VESSELS SOLO FOR FURTHER TRADING Bulk cmton Shoko Mane 49,071 dwt
      Reuter; AFP  -  617 words
    • 528 44 ARRIVALS DEPARTURES Op night Type ETA From Op Right Type ETD To TODAY TODAY KAL KE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL617 B747F 0345 NRT ORD/LCK/ CLX CV797I B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F 0230 SYD/AKL
      528 words
    • 298 44 CRUISE FERRY SCHEDULES EI Arr ETA Parti of Calls SEPTEMBER 21 21 Ocean Pearl 0700 1600 Reefer Lines Sin-Kelang-Kuchinf-Brun«-Cebu-Manila-Cor-HK OCTOBER 02 02 03 03 09 09 Song of Flower Royal Viking Sea Royal Viking Sea 0800 1100 0800 2200 2359 1800 Neptune Agencies Barwil Agencies Barwil Agencies Sin-Seribu-Semarang-Bali-Semarang-Seribu-Sin Sin-Bangkok-Sin Sin-Kdang-Blair-Madras-Colombo-Bombay
      298 words
    • 596 45 Vaaaai No Bar* Mwl Oaparfcn taaal Vvy N» Bar* Arrival Dapartwt I Kippd miij m Peony 10 P3E 11.09/1200 13.09/0600 Qvyunshan 6/90 K29 atongsxle 11.09/1500 Seng Leong 15/90 P4A 10.09/1930 1109/1200 IMMg 9006 K31 alongside 12.09/1500 Tram Star 01SA P4A 11.09/1300 12.09/1200 Koto Mm E468A K32 atoafadt
      596 words
    • 1098 45 RECE1VW6 Of EXPORT Fa COHWHtPS MID IXL CARGO Record BooUn/Bihnet Mb SHp Voy No Etb/Bfr hriod From To From S Aa Daisy 3A 16/0700 1 Canceled s 4 vr brf. 12A 12/1900 3 U/0700 11/1159 11/1400 1ZA 7 4 11/1200 11/1459 11/1700 Amon *****H 11/1600 1 10/1500 10/1659
      1,098 words
    • 300 45 frt Wat Ml Port on Sep 10: Courage Venture L berth 2; Nan Per* berth 3; Melaka Jaya I berth 4; Sri Nam Hua 4 berth 7A. KCT: Thana Bhum berth 8; Planeta berth 9. North Port Peyo Yavarov berth 11; kan Tamban berth 12; Yu Qing
      300 words
    • 1202 45 CHARTERING on the dry cargo freight market on Friday was featured by the US Military Sealift Command taking a further 16 vessels on time-charter to the Mideast Gulf/Red Sea. The vessels, to carry equipment and supplies from the US to the forces being assembled in the area, include
      1,202 words
    • 229 46 Reuter THE United States is examining a joint project with the Soviet Union to produce a civilian aircraft to compete on international markets, Soviet President Mikhail Gorbachev said on Sunday. Mr Gorbachev told a Soviet television interviewer that the project was among many
      Reuter  -  229 words
    • 179 46 JAPAN'S Nippon Yusen Kaisha (NYK Line) has put a newly-developed information system, named Worldwide Information Network Service for Logistics (Wins) into service linking nine countries in Asia and North America. The service is capable of offering information concerning cargo movements, sailing schedules and
      179 words
    • 291 46 Reuter A NATIONWIDE strike by the Harbour Workers' Union closed New Zealand ports yesterday and the country's only oil refinery said it would have to cut production if the dispute was not settled quickly. The strike to back workers' demands for a national
      Reuter  -  291 words
    • 191 46  -  _By Othaman Abu Bakar BREMEN, in West Germany, is gearing up its ports to attract Asean shippers and withstand competition from other established ports worldwide. Datuk Mustapha Datuk Mahmud, the Malaysian representative of the Economic Development Corporation of the State of Bremen, said Asean
      191 words
  • Page 29 Advertisements
    • 177 29 S' SWS HBB METAL CO PTE LID 11 TUAS AVt 14.5WOAK#* OH TB£X: ftt X*7l SHMCA. TEL: Ml SSSS <S IKMI TE.OU HI mm (fy jlta Tm+» tmmmmm. iwutau ICCNImi BlUllfc n^i r«nMt r«pM ■Hrraw ocatGw w»»ovahow ocmxm quautv p«MwggWNO ANRO initiated the first regular container shipping service between Australia
      177 words
    • 46 29 MrForawfcrs 15 Mr Fra*rt Sdad* IS CMtamrSdaMi 17 Coanar Serve* 15 Cram I Ftrry xMrin IS My Fratffe 17 MHtiMNrtan 3 Port Condtom IS 9*P*Ac«* 15 Gutfc 10,11 S*»ta/TMtor Rite IS Stapt Port 17 Snppn T4m 17 Traoport Dary 2 toother and Sm Con Morn 17
      46 words

  • Page 30 Advertisements
    • 241 30 NOTICES FAR EASTERN FREIGHT CONFERENCE SARAH, RRUNEI AND SARAWAK FREIGHT CONFERENCE Notice to Shippers Congestion Surcharge The Member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:— Algiers Congestion surcharge of 10 percent to be reduced
      241 words
    • 24 30 MM^arg^o^harter at SslB,ooo per month. Interested please call 459-8429^^^ Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      24 words

  • Page 31 Advertisements
    • 1975 31 JMWNC \ll|f/ 200 Cjotonmer,' Ro»d #12 05 Southpo** Sapporo 0208 \lllf# T«| *****11 TELEX NO RS 2(179 flHIf TERMINAI/CFS Td *****11 220 BAAAfI BOOKINGS Td *****34 235 I VW/ J KSAM JARWNE SMIPfING AGCfKIES SON WID piloted lo CM»y HilMlilH IMPORT J EXPORT bam Imi icha Infk Inyc |hn vessel/voyage
      1,975 words
    • 938 31 INDEX TMDVERTISERS A M'sii Shpg Corp 9 1/2 ■BffflMilgWkl ■ii Wm.3 Mendelssohn 4 4/3 ABC Contsineriine 13 5 Mercury Line 12 2 Accord Shpg 8 I*3 «MOL 18 4/5 Alburos Se»-Air 14 5 MOSK (Forest) 5 5 APC Line 14 4 Mutiara Samudra 18 1 APL 5 3-5 Myanma 9
      938 words
    • 2039 31 —9 m Vew* Voy ETA ETO "Ptxl "Pw«nfl J* Katang DESTINATIONS M« MV« w doM<e Tim. nmv by IM (MO HM« M Faico t CfS 17/» 2300 HRS M Tauro OAK LOB HOU MEM ATL MIA CHS BAL H NTC MON Ton J*AWTjj W '9" IV9 6/10 8/10 11/10 12/10
      2,039 words

  • Page 32 Advertisements
    • 1146 32 ROTTERDAM/ VOY HO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 11/508 13/» 8/10 2/10 4/10 1/10 7/10 CITY OF EDINBURGH 91/Sl2 17/9 4/10 8/10 ®M 0 •CARDIGAN BAY 97/511 20/9 15/10 9/10 11/10 8/10 14/10 TOKIO EXPRESS 95/514 23/9 10/10 13/10 15/10 BREMEN EXPRESS 98/515 27/9
      1,146 words
    • 497 32 H f DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT SEASPAC I 28/9 11/10 16/10 ALSO ACCEPTING CARGO VIA SUVA TO lAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 29/10 31/10 2/11 Also acctptint Cirjo to C«IIm (Pom) via Valpt Agents: SINGAPORE: *****56 VS.
      497 words
    • 1317 32 I El aroiaaia gjaw" ■MB REGULAR INDEPENDENT FULL CONTAMER SERVICE j WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL Fa ROT ANT MAM B« LHA SS?, 8% 38 S3 !S!S S!B SS SS S3 §S gS N. AL NUNTAZAH 9030-3 21/09 19/10 21/10 24/10 26/1° 29(10 fl/10 30(10 31/10 N. SAMANTHA
      1,317 words

  • Page 33 Advertisements
    • 1604 33 SgStenmers Maritime Holdings Ltd P&O I STRAITS SHIPP NG jj Containers Voy No P Kltrf Spoil S'ton H'burg B'haven fTOKX L*» A^CE^ S WJt SA,LS KASU6A I ***** T BHUM-IQAB IMB »10 02/10 04/10 01/10 <*10 CARGO CITY Of EDINBURGH 91,512 TEX IMB 17/® Mi 10 06/10 (*lO RAJAH BROOKE
      1,604 words
    • 1706 33 TO: EUROPE TO: FAR EAST SP LH RDM HAM B'HVN FIX SPOKE HK KAO KOS BU HANJIN LEHAVRE 009W 17/1 5/10 6/10 7/10 1/10 10/10 HANJIN OAKLAND 00K 17/1 2#/l 21/1 24/1 27/1 HANJIN FELIXSTOWE 004* 22/9 IIVIO 11/10 12/10 14/10 15/10 CHOYANC SUCCESS 010 C 1/10 4/10 5/10 1/10
      1,706 words
    • 396 33 BHji STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN COSMIC ASIAN COSMIC TRADER CHALLENGER CLIPPER TRAOER VOY. NO. 4 I 1» U S port In Pt in Pt lift 21/9 P. KtUn« 13/9 13/9 11/9 2C/9 Ponanf 20/9 Hoof Konf Yokohama Nagoyj Ovihj S«flboku Kajhima Hxhiminh 'For
      396 words

  • Page 34 Advertisements
    • 607 34 m. w««mi uiirT. rrKww uata P.T. SMNMCM WBMfSU M. TMKOMLIQYD CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE VSL, VOY S PORE R OAM, H BURG BREMEN ANTWERP AOAM MATARAM/77W8 22-2 M 22/10 2VIO 2*lo 2/11 A VESSEL 10-13/10 14/U 11/11 22/11 21/11 SRWIJATA/HW 21-24/10 I*ll 23/U 2*ll 30/11 FAST TRANSIT TIME
      607 words
    • 742 34 1(3) HANJIN SHIPPING I Yy FULL CONTAINER SERVICE I S'par* I LtMavr* R'dam M'burf B'havw Fttowt ?HS2 SIN LINE HAUL LAX OAK HANJIN LE HAVRE «M I 17/9 5/10 6/10 2/10 9/10 I*lo HANJIN OAKLANO OMC 17/9 H. SEATTLE 013E 11/10 14/10 HANJIN FELIXSTOWE 004W 22/9 I ><V>o "10 12/10
      742 words
    • 1215 34 fS ?2 155 S? 1,1(1 5? IXO L** O" "*C LHV AN* KM n* NK W I GENTRY Rl«3 WWWIHMWWMKI l/HUflll«)iani»U W IV MIH|UU(U nil E GATHER RE-OJ2 !W M ai 1/M 3/M VM 7/M 1/10 lift* U/M 4/11 2/U 14/11 IVU 11/11 17/11 IMU IMU I E GRACE RC-Q3S
      1,215 words

  • Page 35 Advertisements
    • 1880 35 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 DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0, J.Bahru-(07)
      1,880 words
    • 1219 35 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 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND rasas vpTACt Ispoet |mmu huoms wtaci smtt woawc hbum rmvm thjory hott umaT~ n KoaowniT
      1,219 words

  • Page 36 Advertisements
    • 1104 36 K line KAWASAKI KISEN KAISHA. LTD. I I B3VOKT N AMERICA. PACIFIC SOOTH-WEST j I MPOftT K AMCTICA PACIFIC SOUTH-WEST Mnruti UCWI m nous LBOAK TUT TO DM VESSEL *0* TUT W FEEDfR VESSEL VOV *INOO -PK/PNG W HOT** WSKI VOT U OM CM NVC MACKINAC M 0« 1 M
      1,104 words
    • 125 36 Continental Pacific TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR PIPITSA PETRAKIS In Pt SETE/RDM/ANT/FLU/UK GOOD STRAIT SID SW RDM/ANT/FLU/UK GEORGE L 12/9—ll/9 RDM/ANT/FLU/UK Loads Sabah/lndon«*ia ®MULTIPORT AGENCIES (S) PTE. LTD. TEL: *****77 FAX: *****31 PJt MULTIPORT SON BHD. TEL: *****00 TLX: MA ***** MULTRA PHQ OCA-CONTRANS
      125 words
    • 138 36 REGULAR CONVENTIONAL SERVICES IS' pore P Kelan( Loading for I FAYROUZ 1 SLD IN PT Antw/Rdm/UK/Nantes I PAN CRYSTAL IN PT 13/9 Va</Ant»/Rdm/UK/Nant« I AROSA 23/9 26/9 Antw/Rdm/UK/Nantes I I PAN RISER SLD Dubai/Mtna Qaboos/Bahrain Dammar I I SAMMI BLONDE 2S/9 Hodetdah/Jeddah I I ANDREAS 25/9 Dubai/Damman I IS'pore Loading
      138 words
    • 637 36 \,w* PHIU-ORKNT UN€S PTC LTD 106 RO6INSON ROAO #07-00 QMG BUILDING SINGAPORE 0106 1 TEL. *****22/*****69/*****G0 TELEX: RS ***** PHtLI FAX *****76/***** M BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU^ MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION ygj? r 15 SEPT MONTREAL, OTTAWA/TORONTO, vancouver, s-western ontario.
      637 words
    • 389 36 f t-K GOLDEN LINE X IvrNi GUAN guan shipping (PTE) LTD '23. Tatt Avar Sfraat SINGAPORE MM 1 TEL 5343 M 0$ LINO) Faju SMMM (CD M«. MUMMMM) S*pcrt P. Katant Panaai GOLDEN HAVEN Utambo/Knan/Onbm 14/11 Sapt GOLDEN BEAR CakMba/feradM/Oatai 2MI Sapt camwavici DAI YUN SHAN Ximwi/FuAm I* Port A
      389 words

  • Page 37 Advertisements
    • 1463 37 m pacific international lines (pte) ltd &SSSS iIMB pil Building, l4o Ced< Street #0340. Singapore 0106. I I JAKARTA I I BANGKOK I I ueccki VOV SIN JKT SJN VESSEL VOY SIN BKK SIN iP™ 225>AHIT MM IS* PCQASUB PIONEER MN 12ft 15/9 I»ft I 9029 1 5/9 22/9 KOTA
      1,463 words
    • 1058 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax- *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT M |vqy SPORE PKLANG S'HAMPTON HAMBURG BHAVEN ROAM LHAVRE Kasuga 1* 11/508 n/9 7/10 2/10 4/10 1/10 8/10 City of Edinburgh 91/512 17/9 Via Tex 4/10
      1,058 words
    • 321 37 MYANMA mSfe FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdg MCRGUI VIOIW IN PT PATHEIN VIOSW 17/20 SEP 12/16 SEP PAGAN VI6IW 20/22 SEP HPA-AN VISSW 2»/l OCT ul THE BANKUNE (A Mrvlc* oI Andrew W«lr Shipping) SEMI-CONTAINER SERVICE Va heavy lift capability I
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  • Page 40 Advertisements
    • 866 40 Page It INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE i FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIH FIX BHV ROW ANT~ HBG RST M. CEGIELSKI «M 14/» «/10 11*10 SflO 11/10 10/10 TOKYO SEN WFWO Ufl 11/10 12/10 13/10 15/10 17/10 MECKLENBURG M 0 J6/9 20/10 2/10 a/10 23/10
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    • 1138 40 i CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 on cmmumtm same* it FAR EAST PORT KELANG 14/9 21/9 MANILA 15/9 22/9 PENANG 14/9 21/9 BUSAN 13/9 19/9 BANGKOK 15/9 19/9 TOKYO 13/9 20/9 HONG KONG 12/9 15/9 YOKOHAMA 13/9 20/9 KAOHSIUNG 16/9 23/9 KOBE 13/9 20/9 KEELUNG 16/9 23/9 JAKARTA
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    • 344 40 LOADING FOR LOADING FOR BUENOS AIRES VCSSCI 555 CM DM (AIMS WnOEO tlO STS VIT RACUA c isasit mtm nio nr» *11 1201 moi V *****2 Mosmnti urn am (in- 17/12 a/12- a/12 VTOA DISCHARGING FM BRAZIL ONLY SPORE Ml MK Kit OUSAN fOK NGO KM C ISAKI 1» 1»
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    • 1320 40 CHINA OCEAN SHIPPING COMPANY cosap I TEL: *****00 I tci ry- B« ***** COSH IP I 1 FULL CONTAINER LINER SERVICE FAX:MUM I CABLE: COSTARLIHt I General Agents: COSTAR SHIPPING PTE LTD I wowwwi I TO EUROPE FROM EUROPE I VESSEL, VO¥ ~SGP FU ROT HAM ANT DK~ VESSEL.VOY FIX
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  • Page 41 Advertisements
    • 773 41 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 i Competitive Rates!! ETA USA AH IPI DesCns 15/9. 22/9 EUROPE all Ports 14/9, 18/9 BANGKOK 13/9, 16/9 HONGKONG/CHINA 15/9, 20/9 SYD, MEL, ADEL, BRIS 13/9, 20/9 FREMANTLE 14/9, 25/9 MANILA 14/9, 21/9 PKLG/PENANG 19/9, 26/9 Port Kalang Branch Tal: *****21/2/3 Fax:
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    • 255 41 RICHFIELD MARINE A6ENCIES (S) PTE LTD St TEL: *****33 (12 UnM) FAX: *****15/*****03 fH TELEX: RS ***** RISHIP (3 Linaa) irC\ ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivoy ETA loading fob SPOKE NETSANET 20WB 10/10 OAHESSALAAM MOMBASA. OJMOUTI ASSAB MASSAWA HOOEIOAH ANOtNET *21WB
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    • 783 41 taH-P.T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SCRVICE TWCE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS Or!TR>RE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SCRVICE VSL VOY SIN JKT PAJ SIN OKUNOZE
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    • 919 41 BANGKOK CEBU/MANILA ivraa VOY siNWORt, ianwok Ivtwa VOY ffOK CPU j mm* CHAIYA BHUM MX Tue In H Fri 14/9 SO ORIENT 37R 14/9 20/9 22/9 NANTA BHUM 06N Wed 12/9 Sat 15/9 WTI BHUM 3K 21/9 27/9 29/9 JENLINK 23N Thur 13/9 Sun 16/9 SO. ORIENT 39R 21/9 4/1B
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  • Page 42 Advertisements
    • 1238 42 {MAG-NELS SINGAPORE tel amtT| I til «im»T| PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77, KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 JAKARTA TEL: (21) *****7 J
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    • 544 42 ffTfc BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTOLYiSAILINGS DISCHARGING AT PLYMOUTO PORT CHALMERS ACCEPTING ALCLFOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHBISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIY AUCK ITT MANDAMA 0580 12 S«p 23 S*p Via NPL 26 SfP PREMIER 06S *S«p
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    • 1105 42 jTm 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 LINEsT" SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH iima |wt leti Inn rasa m eti |«t KIM SOON LI 36/906 15 SEP
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  • Page 44 Advertisements
    • 5 44 I EXECUTIVE I JOBS I
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    • 93 44 l|s3| tUKUPb/S.E.A. BfttAKMiui service *gr I UF^SEL MARINE UNIVERSAL ANTWERP 26/7-3/8 PORT KELANG SLD SINGAPORE IN PT PASIR GUDANG 9/9 SURABAYA VESSEL NAME ¥Q! LL* US. PKT'IATIOW SEAMAR 18/90 14/9 16/9 YANGON (BURMA) TOMOH SATU 4/90 22/9 24/9 YANGON (BURMA) SETYA PRATAMA 2/90 2S/9 30/9 YANGON (BURMA) FOONQ SUN SHIPPING
      93 words
    • 89 44 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S pore P. Gudang Per Loading For IGUANGSHUI In Pt HUANGPU/SHANGHAI DADE In Pt 16fl HUANGPU OA OONC HAI 5/10 1/10 HAIKAO'SHANTOU JIANCHANG —14fl HUANGPU QINGOAO CHANGOU VlO 7/10 HUANGPU/SHAMTOU LCOU 11/10 HUANGPU "XINGANC NJQING 20/10 11/10 HUANGPU/SHANGHAI SCHINDON TRADE t FREIGHT SERVICES 47
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    • 42 44 «T«4: *****27 Fax: *****30 Tlx: R8 433»4 IHETCO VESSEL VOY WO. XW MAA CAL TIGER CREEK 104CNB 11/09 18/08 TIGER RIVER 127N 12/09 18/09 TIGER RIVER 105CNB 25/09 02/10 ALCOA 128N 16/09 23/06 TIGER CREEK 106CNB 27/09 07/10 ILOVIK 129N 18/09 2S/09
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  • Page 45 Miscellaneous
    • 418 45 TIDES AND WEATHER TOPAY*S TIDES (Wght in metres) lanw im am ijss im uss mi rw mssmw*nssi2wi3sinsnsisiiii7<i uss ms zow aw im rm It 11 1J 13 14 14 11 U 12 1 5 09 1.0 L 3 UU2IMUMIIUWUUU Pf 12 1J 22 13 25 2.0 IS 17 0J 0J
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  • Page 46 Advertisements
    • 416 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -Ml- SHIPPING CORP., KARACHI. *SK INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG i TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN
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    • 683 46 ▲HYUNDAI MERCHAWT MARIE CO- LTD. EASTBOUND TO USA WESTBOUND fHOM USA TO PSW VOY SIN HKG LBN OAK SEA CHI FROM PSW VOY LBN OAK SEA HKC SIN HYUNDAI EXPLORER i«T~ 1M» W» 08/U I*lo 13/10 12/10 34W 202 2MO 2WO S3 VM mviimiui rOMMANDfR XI 22/09 27/01 15/10 17/10
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    • 567 46 AU SET NASKHb lASHSN9 CONTAINER LASHING EQUIPMENT TEL *****92 TLX: RS ***** ALLASH FAX: *****61 |Fw«wtri tty WK|Hg I HN> SMI |UK OOK NOU PAL ON/ IWWI—I WW I I I I I I I C(X I awm namrnic *m jjT oujcAToo now Tim"! mlan I i/a| tm I wiiwiliff.lin.hssi
      567 words