The Business Times, 12 September 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Wednesday September 12 1990 75*
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  • NEWS SUMMARY
    • 66 1 SOVIET leader Mikhail Gorbachev publicly disavowed the economic programme of his prime minister Nikolai Ryzhkov and espoused a rival, more radical blueprint for a 500-day switchover to a market system. In an address to the Supreme Soviet (parliament) yesterday, he made it clear
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    • 36 1 A NETWORK of growth triangles in South-east Asia will lend a new dimension to the concept of Asean economic cooperation, said the First Deputy Prime Minister, Mr Goh Chok Tong, yesterday. Page 2
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    • 32 1 AFTER keeping a low profile for a few years, the Housing and Development Board (HDB) is again showing itself to be a major force in the construction industry Page 2
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    • 19 1 AT least US$2 billion is needed to repair and modernise Cambodia's highways and phone links Page 8
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    • 39 1 RISING oil prices are likely to slow down Thailand's economic growth in the 7th National Plan by about 1.2 per cent, to 8 per cent, according to the National Economic and Social Development Board. Page 9
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    • 34 1 THE four allied powers and the two German ies appear certain to sign an accord approving the sovereignty of a united Germany when their foreign ministers meet in Moscow today Page 10
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    • 39 1 AFTER 4,000 years of folklore extolling garlic as a preserver and restorer of health and youth, modem scientists have substantiated several of its benefits and are working to define its medically important effects Page 17
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    • 37 1 THE SONY group has become the first company to win approval from Malaysian authorities to use 40-foot bonded trucks to transport its manufactured goods to Singapore for distribution overseas Shipping Times Page 1
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  • MARKETS SUMMARY
    • 49 1 STOCK PRICES were mostly lower in early trading on the New York Stock Exchange as the market remained concerned about rising oil prices and the Iraqi standoff, analysts said. The Dow Jones average of 30 industrial stocks fell 2.72 points to 2,612.87 after one hour of trading
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    • 40 1 LONDON share prices were lower at midday yesterday in a sluggish market suffering from meagre investor interest. At about noon (1100 GMT), the Financial Times-Stock Exchange 100-share index was down 4.2 points, or 0.2 per cent, at 2,142.8.
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    • 33 1 ANNOUNCING its first set of results since being listed, Pacific Carriers Ltd (PCL) has implied that it is unlikely to meet its profit projection for the year Page 3
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    • 47 1 IT IS a wonder how some companies are able to do so well without seemingly having to try too hard. The KL-based Tan Chong Motor Holdings group, which holds the agency for Nissan vehicles in Malaysia and Singapore, is a case in point Page 3
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    • Article, Illustration
      29 1 Taesday Change BT-MGA 635.97 -2.20 Kuala Lumpur ....543.24 •1.00 Hongkong 3,083.57 -4.17 Tokyo 24,604.66 -476.24 Sydney 1,499.2 -1.7 Moafay Change New York 2,615.59 -3.96 London 2,147.0 24.10
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    • 22 1 Brtap rates US$ SS 1.7690 Yen S$ 1.2649 MS SS0.6564 Money market ntM Overnight 4% I 1/4 3-month 6 9/16% -1/16
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    • 34 1 London Gold PM fix US$378.50 -US$6.00 Rnbtaf Store Oct.... !56.50'/kg -0.25 M'siaOct 241.00*/kg unch KLDn Turnover 47 tonnes +2 Spot M$l5.l2/kg +0.03 Crudo Mim ofl Turnover 810 lots +398 Sept M$67l /tonne +7
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  • 474 1  -  By Magdalene Ng, Loh Hui Yin DIVERSIFIED local steelmaker Nat Steel looks set to acquire a stake in Singapore Petroleum Company (SPC), which is likely to launch its share offer next week despite uncertainties in international stock markets. Nat Steel is
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  • 339 1 The Gulf crisis Agencies AMERICAN intelligence services have picked up first signs that pro-Iraqi guerilla groups are surveying potential US targets in Saudi Arabia and elsewhere in the Middle East, according to the Washington Post. In a report from Dharan, Saudi Arabia, the Post yesterday
    Agencies; Reuter picture  -  339 words
  • 231 1 SINGAPORE is extremely pleased that the four Cambodian factions have fully accepted the peace plan proposed by the five permanent members of United Nations Security Council, Foreign Minister Wong Kan Seng said in a press statement yesterday. "An end to the long conflict in
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  • 396 1  -  By Dexter lee AS PART OF its aim to become an international firm, Singapore Telecom has bought a substantial stake in newly-listed Thai company Shinawatra Computer Co for $46.33 million. The near 10 per cent of Shinawatra was acquired last Friday through
    396 words
  • 188 1 AFP THE New Zealand dollar currently worth around 62 US cents may crash before Oct 27 general elections, a private economic monitoring group in Wellington warned yesterday. In the latest edition of their newsletter, Integrated Economic Services said an opposition National Party election
    AFP  -  188 words
  • Page 1 Advertisements
    • 274 1 The best just keep getting better... and better...' Mi I MAGAZINE I I J1 I KTTjvI brothec BBM Business Systems 743-aooo WHERE IS THAT RECESSION? 12 Mvertang Marketing 12 Money Changer Rates 27 World News 10,11 Aircraft Schedule 27 Money Market 25 Commodties 26 Report* Mews 8,9 For market nfces,
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    • 32 1 Find out on Page 14: A look at the laws that govern rulings on What's needed in computer crime Iraqi and Kuwaiti property in Singapore legislation in Singapore? PLUS digest of cases
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    • 85 1 —~g== OF LONDON Wntirv I.»-1 r I ,ist)i« 'it W..U lie l'i\ ki't I llllltc. I 1 u'r.< 1 n!t s Nmx \h Doll. I tin tor I r,< Huh •»/«/> Anton Tan Aqencies Pte Ltd Tel 272 1143 Flow of US financing stemmed, Pg 7 Tighten the noose, Pg
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  • HOME NEWS
    • NEWS ROUNDUP
      • 70 2 THE Minister of State for Education and Community Development Dr Seet Ai Mee yesterday said that retirement should be seen as a natural progression from one phase to another rather than as an end point. Opening a pre-retire-ment seminar, Dr Seet
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      • 63 2 THE Republic of Singapore Air Force will hold a combined air exercise with the Indonesian Air Force today, according to a joint press release from the Singapore Armed Forces and the Indonesian Armed Forces. The joint exercise, codenamed Exercise Elang Indopura VI, is the sixth bilateral
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      • 63 2 REGIONAL businessmen will be offered informed and impartial advice of the highest quality when the Oxford Business Group (OBG) begins its series of conferences on Asia-Pacific issues in Singapore this month. The title of the conference on Sept 27, the first in Oxford's Asia-Pacific Economic Forum Series,
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      • 72 2 THE Singapore leg of the Fourth Asean Exchange of Journalists programme, which began in Bangkok on Sept 4, will be implemented from today to Sunday, the Ministry of Communications and Information said yesterday. The 30 Asean journalists from the national news agencies, newspapers and broadcasting stations
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      • 75 2 PROCTER and Gamble presented a cheque for $40,124.60 to the Children's Charities of the Community Chest of Singapore last Sunday, a press release said. The donation was the result of the company's Child Support Project in which coupons were distributed to Singapore households to enable consumers
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      • 60 2 THE Ministry of Environment has reminded the public to take precautionary measures to prevent the breeding of Aedes mosquitoes, which are responsible for spreading DF/DHF, in their premises. The ministry said the symptoms of DF/DHF include the abrupt onset of high fever, severe headache, pain behind
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    • 410 2  -  11 th Asean Inter-Parliamentary Organisation Assembly By Anna Teo A NETWORK of growth triangles in South-east Asia will lend a new dimension to the concept of Asean economic cooperation, said the First Deputy Prime Minister, Mr Goh Chok Tong, yesterday. Calling for greater
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    • 214 2 WITH AN END to the long conflict in Cambodia in sight, Asean must now find new rallying points to keep together, said Mr Wong Kan Seng, Minister for Foreign Affairs, yesterday. Speaking as the leader of the Singapore Aipo delegation at the first plenary
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    • 201 2 THE Asean Inter-Parliamen-tary Organisation has made steady progress and is set to play a larger role in advancing regional cooperation, said Asean heads of state yesterday. In messages to the general assembly, read out by their delegation leaders, President Suharto of
      201 words
    • 397 2  -  By Lee Han Shih AFTER keeping a low profile for a few years, the Housing and Development Board (HDB) is again showing itself to be a major force in the construction industry. Measured by value, some three-fifths of all government jobs
      397 words
    • 166 2 TWO oil companies yesterday said they would soon raise the price of bottled liquefied petroleum gas by about 14 per cent, setting the pace for similar increases this week by other oil companies. Mobil will quote higher prices from today, while British
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 492 3  -  By Lee Han Shih ANNOUNCING its first set of results since being listed, Pacific Carriers Ltd (PCL) has implied that it is unlikely to meet its profit projection for the year. The company, which released a disappointing set of interim results yesterday, said profit
      492 words
    • 196 3 SINGAPORE AEROSPACE yesterday announced yet another joint venture, but gave few details of its latest tie-up. A sparsely-worded statement said the company was investing US$6 million in a new start-up which will reengine Boeing 727 aircraft to be subsequently sold or
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    • 308 3 SPORTS TOTO Malaysia Bhd has acquired a 70 per cent stake in an air charter company which in turn is purchasing three aircraft for M$l4.S million. Sports Toto is paying M 584,000 for 70,000 Msl shares in Pacific Air
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    • 635 3  -  THE HOCK LOCK SIEW COLUMN By Dexter Lee IT IS a wonder how some companies are able to do so well without seemingly having to try too hard. The Kuala Lumpur-based Tan Chong Motor Holdings group, which holds the agency for Nissan vehicles
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    • 199 3 Town City stays in the red TOWN CITY Properties formerly the flagship of Indonesian hotel and property developer Hendra Rahardja has turned in yet another round of dismal results for the six months ended June 30. No turnover or income from investments was generated during the first half, but the
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    • COMPANY BRIEFS
      • 94 3 MALAYSIA will privatise its postal service within the next 12 months, Minister of Energy, Telecommunications and Post Samy Vellu said. "The process needs detailed planning, including discussions with relevant authorities and the approval of Parliament," the minister said, adding that after privatisation,
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      • 97 3 SHAREHOLDERS of Causeway Investment yesterday approved the company's capital reduction scheme to reduce the par value of its shares from 1 to $0.60. Causeway will close its books on Oct 2 to determine the issued and paid-up capital of the company. Registered TSR holders who intend
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      • 35 3 The issued and paid-up capital of OCBC Bank as at Aug 31 was $594,771,730. This followed the exercise of OCBC Warrants 95 and share options under the OCBC Executives' Share Option Scheme.
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      • 101 3 ESSO MALAYSIA Berhad has reported an after-tax profit of M 543.5 million for the first half of 1990, up 40 per cent on the M 530.9 million recorded in the corresponding period last year. Chairman Charles D Roxburgh said the higher profit resulted largely from
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      • 96 3 AMBANG JAYA Sdn Bhd, the wholly-owned subsidiary used by Amalgamated Steel Mills Bhd to make its takeover bid for Chocolate Products (M) Bhd, now owns 47.52 million shares representing 53.21 per cent of the paid-up capital of Chocolate Products. In a statement yesterday, Ambang Jaya said
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  • Page 3 Advertisements
    • 165 3 I i m Wkil n u Our strong base in the home network of 3,000 local "Volksbanken" Our presence in the Far East: Hong market facilitates your worldwide and "Raiffeisenbanken", Europe's Kong, Smgapore,Tokyo Kuala operations. What distinguishes us most extensive branch network. Head Office:!DG BANK,_Am Platz from other banks is
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  • REGIONAL COMPANY NEWS
    • 325 4  -  By Dexter Lee SHINAWATRA Computer Co is fast expanding into the telecommunications industry in Thailand with projects in the pipeline ranging from providing digital display paging to laying submarine cables. These projects will be carried out via a host of joint ventures, including one
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    • 448 4 THE Hongkong arm of the world's biggest toy retailer Toys "R" Us-Lifung Ltd is undertaking a major expansion programme in the colony which will boost the number of Toy's "R" Us stores there from one to five, according to the South
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    • 189 4 Reuter THE Australian Stock Exchange said it introduced a new rule, Rule 3.15, to improve the surveillance of dealings both in Australia and overseas. Rule 3.1S sets conditions under which the exchange can pass on confidential information to local and overseas government agencies and regulatory authorities.
      Reuter  -  189 words
    • COMPANY BRIEFS
      • 78 4 NEC CORP will start manufacturing personal computers in Germany by the end of 1993, a spokesman for the major Japanese computer maker said. NEC Deutschland GmbH, the company's West German subsidiary, will set up a production unit in southern West Germany. The new
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      • 82 4 BRIERLEY INVESTMENTS Lid (BIL) has no intention of investing in Adelaide Steamship Co Ltd despite a leaked report on Adsteam from BIL founder President Ron Brieriey, said BIL chief executive Paul Collins said. "Why would I buy a stake in a heavily geared entrepreneurial company?
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      • 62 4 SANYO ELECTRIC Co Ltd will market consumer electronics made by Siemens AG of West Germany starting April 1991, a company spokeswoman said. Sanyo will sell dishwashers, refrigerators, electric ranges, and washing machines under the Siemens brand name in its complete kitchen systems, she said. The
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      • 65 4 PT PANTJA MOTOR will assemble 0.75-tonne pickup trucks designed by Isuzu Motors Ltd, starting at the end of this year, an Isuzu spokesman said. Pantja, a Jakarta-based locally-owned truck maker which produces Isuzu-designed tracks of two tonnes and more, will produce 0.75-tonne pickup trucks at
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      • 64 4 A US-DOMINATED CONSORTIUM will officially take control of Telecom Corp of New Zealand Ltd today, when the first payment is made to the government for the utility, a spokesman for the buyers said. In the first stage of the three-part deal, the government is selling
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      • 42 4 TDK CORP has denied a report by Japanese economic daily Nikon Keizai Shimbun which said TDK plans to raise its annual dividend for the year ending March 31, 1991, to 45 yen from 42 yen the previous year.
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    • 31 4 HOME DECOR The newest decorating trends and the best ideas are in this glossy and practical magazine AUG SEPT '90 I Now At Newsstands A Times k|fl|K Periodicals I "—r^ Publication
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  • INTERNATIONAL COMPANY NEWS
    • 460 5 Reuter US SECURITIES and Exchange Commission Chairman Richard Breeden said Drexel Burnham Lambert Trading Corp exposed its creditors to unusual risk through unsecured lending to its parent. In written responses to Senate Banking Committee questions on the failure of Drexel Burnham Lambert
      Reuter  -  460 words
    • 290 5 Reuter AUSTRALIA'S North Broken Hill Peko Ltd said it expects its mining and industrial division to continue its high level of performance in the 1990/91 year. But forestry and paper activities will be hit by economic uncertainty and high interest rates, although results
      Reuter  -  290 words
    • COMPANY BRIEFS
      • 75 5 HOFFMAN-LA ROCHE Inc, a unit of Roche Holding Inc, said it is expanding the availability of its Aids drug, ddC (dideoxycytidine). It said in New Jersey on Monday that it is starting a programme that will allow doctors to treat patients with ddC after tolerance to
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      • 85 5 DAIMLER-BENZ AG's Mercedes-Benz unit said in Detroit on Monday that it expects to sell about 75,000 cars in the US in 1990, down slightly from last year's sales of 75,714. The company is also setting a Jan 1, 1991, deadline to have its newly restructured North
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      • 76 5 BP AMERICA and its BP Oil unit have agreed to award one-time compensatory payments to about 300 internal and 200 external minority job applicants totalling about U*****.000. The compensations follow an agreement with the US Department of Labour's Office of Federal Contract Compliance Programmes, which
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      • 54 5 MATTEL Inc chairman and chief executive officer John Amerman said the company anticipates strong growth in international markets and some market share growth in the US. "The international market-place offers exciting growth potential for our toys," Mr Amerman said at the Montgomery Securities Investment Conference in
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    • 515 5 Latest trend in joint ventures erodes importance of business boundaries AP STRATEGIC alliances once referred to the Common Market, Opec, Nato and the Warsaw Pact. But now they also mean GE-Tungsram, IBM-Siemens and DaimlerMitsubishi. Global corporate joint ventures, the latest trend in a shrinking world, are
      AP  -  515 words
  • Page 5 Advertisements
    • 164 5 The best place for your company logo isn't always at the top of your stationery. Only the UOB VISA Business Card lets you put your company logo on the card. That's just one of the reasons why more and more of Singapore's leading companies prefer it. Companies like IBM, National
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  • Page 6 Advertisements
    • 196 6 \our UPS Parcel Has Started To Clear Customs. <y?i» P> iVjjljK mfS Before It's Cleared For Take-Off. Dy the time your express parcel or document takes off to its international destination, N the process of customs clearance has already begun. Before it arrives, our local customs experts will know when
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  • FINANCIAL NEWS
    • 292 7  -  By David Chew THE REGISTRY of Equipment Financed, which was launched by the Leasing Association of Singapore in September last year, has enabled its members to detect 17 potential cases of double financing. Mr Yim Wing Pau, the LAS chairman, said since the implementation of
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    • 304 7 Reuter US CORPORATE financing in the capital markets has slowed to a trickle since the Mideast crisis that has forced bond yields higher, analysts said. As a result of the 52-basis point jump in long-term yields since Iraq invaded Kuwait on Aug
      Reuter  -  304 words
    • 326 7 Reuter FEDhRAL Deposit Insurance Corp chairman William Seidman said he favoured a Federal Reserve guideline requiring most banks to have a "leverage" ratio of 4 per cent to 5 per cent capital to total assets. "We have no problem with the Federal
      Reuter  -  326 words
    • 202 7 AFP MALAYAN Banking Bhd, with assets amounting to M 533.53 billion at the end of June last year, heads the list of 23 locally incorporated commercial banks, a merchant bank said. Arab-Malaysian Merchant Bank Bhd said in a statement to launch its 13th
      AFP  -  202 words
    • SMALL CHANGE
      • 82 7 FORMER UK Chancellor of the Exchequer Nigel Lawson has joined the Central Europe Trust Company Ltd (CET) as chairman, the company said. CET, previously Central European Investments Ltd, was formed in January by a group of London-based management consultants and investment bankers as a
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      • 76 7 WESTPAC Banking Corp will cut its indicator lending (prime) rate to 17.25 per cent from 17.50 per cent, effective Sep 19. The bank said the move was in response to the continuation of lower interest rates following the latest easing of monetary policy on Aug
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      • 107 7 NICARAGUA'S old currency, the cordoba, fell below the one million to the dollar mark on Monday, while the country's new currency, dubbed the gold cordoba, remained on par with the dollar, the central bank announced. The bank devalued the old cordoba 6.7 per cent against the dollar,
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      • 79 7 THE US Securities and Exchange Commission expects to file rhflrgps against a number of financial institutions within the next few months, said agency chairman Richard Breeden. The chairman declined to give any further information in response to a question from Senate Banking Committee chairman Donald Riegle during hearings
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  • Page 7 Advertisements
    • 209 7 S-Ug^jhS The annual SUGAS conference is here again. Other paper presentations include: More than 200 SAS users will gather to share and exchange ideas and information Computer Performance Evaluation with each other and institute staff members. Econometrics, Operations Research, and Quality Control Conference events include a problem solving Executive Information
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    • 75 7 4/ 3r M COLOUR Scent and taste, the elements of fine Chinese cuisine The essence of Shang Palace S Enter the moongate and feel at home with the tranquil surroundings and attentive service. Private rooms are available JL on request for you and your guests to enjoy authentic Cantonese [g|
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  • Page 7 Miscellaneous

  • THE REGION 1
    • NOTE BOOK
      • 116 8 AUSTRALIA'S Foreign Minister Gareth Evans on Tuesday said the power-sharing agreement reached between warring Cambodian factions could end suffering in the Southeast Asian country by the end of the year. Since November, Australia has been calling for the United Nations to play a significant
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      • 109 8 FRENCH EXPORTS to Vietnam rose by 26.5 per cent to 283 million francs (US$54 million) in the first six months of 1990 compared to the same period last year, French officials in Hanoi said on Monday. Vietnamese exports to France in the first half of
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      • 109 8 THE AVERAGE CONSUMER Price Index (CPI) for Malaysia rose by 2.3 per cent to 136.2 in the first seven months of this year compared with the same period last year, the statistics department reported on Monday. Except for gross rent, fuel and power which
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    • 412 8 Reuter ASIA offers good opportunities for large construction projects, from airports to electrical plants, but some changes are needed in the way they are financed, an international gathering of business and government leaders was told on Monday. "We have the potential for an infrastructure
      Reuter  -  412 words
    • 478 8 Reuter POTHOLED highways, rickety bridges and a creaking telephone system will be major problems for a United Nations force if and when one comes to keep the peace in Cambodia. At least US$2 billion is needed to repair and modernise Cambodia's highways and
      Reuter  -  478 words
    • 262 8 THAI government agencies supervising water supply in the Eastern Seaboard area need to speed up their work, because a serious shortage could occur in the next few years, according to the Industry Ministry's Deputy Permanent Secretary Chamnong Panaschutabul. The expansion of factories
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    • 294 9 HIGHER oil prices will probably slow Thailand's economic growth in the 7th National Plan by about 1.2 per cent, to 8 per cent, according to the National Economic and Social Development Board (NESDB). The NESDB made this revision after it became apparent
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    • 308 9 THAILAND'S Finance Ministry should complete guidelines on a new property tax in the next 30 days in preparation for its introduction to the Seventh National Economic and Social Plan from 1992 to 1996, the Bangkok Post said on Monday. Deputy Finance Minister Niphon
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    • 224 9 AP A CANADIAN FIRM has won a 42.2 billion baht (US$l.7 billion) mass transit contract to unsnarl Bangkok's notorious traffic jams, officials said yesterday. The Council of Economic Ministers awarded the contract to Lavalin International Group at a meeting yesterday. A filial Cabinet approval
      AP  -  224 words
    • 430 9 Reuter INDIA needs more foreign investment to help finance its balance of payments deficit, which may worsen because of tensions in the Gulf, the Reserve Bank of India (RBI), the country's central bank, said. In its 1989/90 (June/July) annual report, the bank said direct foreign
      Reuter  -  430 words
    • 270 9 Reuter NEW ZEALAND Finance Minister David Caygill wants to eliminate a projected US$2.5 billion budget deficit in 1991/92 by cuts in spending but cannot rule out income tax increases, his spokeswoman said. "His whole attitude to discussions about next year's budget is
      Reuter  -  270 words
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    • 205 9 treasured that watch. Glen had given to of his jßkgJ love Wlldl fell apart, fo e f ore e t0 stU( jy abroad. I was shattered when I saw it in pieces. We had discovered the watch at Sincere, exactly four years andMQtff eighteen That always had felt chatting n^BßßjMpith
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  • THE WORLD 1
    • WORLD WATCH
      • 108 10 THE SOVIET UNION, seeking to make oil production its top foreign currency earner, has asked for a second meeting with visiting heads of American energy firms, US Commerce Secretary Robert Mosbacher said on Monday. Mr Mosbacher is leading a delegation of
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      • 93 10 CHINA'S industrial output rose 4.6 per cent in August over the same month last year for the strongest showing of 1990, but enterprise profits continued to fall, official reports said on Monday. Much of the production simply went into already large inventories, the English-language China Daily
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      • 56 10 THE MEXICAN Finance Ministry on Monday announced it would auction US$l.5 billion in bonds as part of its continuing debt-for-equity swaps. Some of the bonds will go towards reducing debt restructured with commercial banks in February and some will go towards facilitating the sale of state-owned firms,
        56 words
      • 67 10 SOME 50 furious French farmers soaked 17 tonnes of imported Spanish beef with petrol overnight on Sunday near Poitiers, in western France, local police said. The attack, the latest in a series of protests by disgruntled French farmers, took place in the parking lot of a
        67 words
      • 61 10 AMERICANS went deeper into debt in July, the Federal Reserve reported on Monday, as they borrowed U554.47 billion more than they paid off in seasonally adjusted figures. In July, according to the Fed figures, consumer credit soared at an annual rate of 7.4 per cent
        61 words
    • 523 10 AFP WITH BONN set to pay billions for the withdrawal of Soviet troops from East German soil, the four allied powers and the two Germanies appeared certain to sign an accord approving the sovereignty of a united Germany when their foreign ministers
      AFP  -  523 words
    • 307 10 Reuter WESTERN industrial nations are better placed to deal with the sharp jump in oil prices caused by the Gulf crisis than they were in the *****, the Bank of France governor said on Monday. Jacques de Larosiere made the remarks at
      Reuter  -  307 words
    • 374 10 Reuter SOVIET Prime Minister Nikolai Ryzhkov failed to present a crucial economic rescue programme in Moscow yesterday and said Parliament may have to choose between conflicting options. Mr Ryzhkov, who had been expected to present the Kremlin's plan for reshaping the economy, said that
      Reuter  -  374 words
    • 369 10 AP THE TREND to private enterprise is worldwide, but changes will take time, especially in Eastern Europe, says an international finance official in the forefront of the transition. "The process of privatisation in Eastern Europe is going to be a slow one,
      AP  -  369 words
    • 463 10 Reuter JAPAN'S over-the-counter (OTC) stock market, a bright spot in otherwise dreary local share trading this year, should gain more lustre next month as a spate of new listings lure investors, stock analysts say. A stock analyst at G T
      Reuter  -  463 words
    • 509 11 The Gulf Crisis AP WITH President Saddam Hussein of Iraq vowing to hold on to Kuwait, policymakers in Washington and Moscow are studying what steps the United Nations can take to tighten the noose around Iraq. "There are a lot of ways you
      AP  -  509 words
    • 410 11 AP THE oil-rich Middle Eastern countries are coming forward quickly with multi-billion-dollar pledges of support for the campaign against Saddam Hussein, but the United States is having a tougher time with its European and Asian allies. Secretary of State James A Baker 111
      AP  -  410 words
    • 297 11 JAPAN is planning to extend a two-pronged financial aid package to Egypt, Jordan and Turkey comprising grant aid and commodity loans in addition to aid sponsored by the International Monetary Fund, Jiji Press reported yesterday. The report quoted government sources
      297 words
  • Page 10 Advertisements
    • 130 10 Lufthansa's Asian Commitment: We fly five times a week to Europe's most convenient gateway. 3 > V V 1 V < i i n 1 f-miv m*lf I i'J* l ■;r... l_t%W3BQjijbT *i" M>'< f" 111 •i r~; t, £i- -> —ii"T7 Lufthansa flies Singapore to Frankfurt five times a
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  • Page 11 Advertisements
    • 227 11 GOOD IDEAS KEEP COMING UT Compact The new laser printer that's It emulates sof the most popular Flexible paper handling manual n f. printers: HP LaserJet Series 11, Epson feed accepts even envelopes and small in size, big on quakty. IBM IB Pro transparencies The JX-9500 fits almost anywhere, Printer,
      227 words

  • 496 12 EDITORIAL Traders had high hopes for the International Merchandise Mart, the $180million complex in Jurong which set out to position itself as one of the world's biggest one-stop wholesale centres. Indeed IMM has everything going for it: five floors of selling space, computer wizardry at point
    496 words
  • WHAT THE OTHERS SAY
    • 220 12 THE uncompromising language of the joint statement issued on Sunday by President George Bush and Mikhail Gorbachev was clear proof that the day is over when tin-pot aggressors can count on superpower rivalry to stymie international sanctions against them. However, superpower solidarity alone will not be
      220 words
    • 107 12 THE import of the Helsinki summit meeting between the United States and the Soviet Union is that for the first time since World War 11, both superpowers have adopted a common stand on an important global issue, namely, the Gulf crisis. Beyond the summit's immediate implications for
      107 words
    • 127 12 MALAY MPs all this while face the problem of balancing national interests with that of the community they serve. This is not new. But the recent debate on their role has once again highlighted the balancing act of the Malay political leadership. To some extent, openness
      127 words
  • REGIONAL VIEWPOINTS
    • 116 12 PRESIDENTS George Bush and Mikhail Gorbachev did not mince words in their agreement to agree over the outrageous and dangerous Persian Gulf tinderbox. The superpower leaders lent both legitimacy and intensity to United Nations demands against Iraq. The American and Soviet leaders made it clear to Iraqi President
      116 words
    • 171 12 AFTER THE budget bill sailed through Parliament last week, several Cabinet members jubilantly proclaimed that the prime minister would probably serve out his four-year term, which ends in early August 1992. This rosy prediction alone is certainly cause for some satisfaction, as no Thai civilian premier has ever
      171 words
  • 871 12  -  It was thought the Gulf crisis would spark off a prolonged economic downturn in the US. That has not happened. Kenneth Gilpin reports Kenneth Gilpin NYT MANY economists and credit market analysts say the recession in the US they assumed was just around the corner when
    NYT  -  871 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 114 12 DOONESBURY BY GARRY TRUDEAU SO WHAT DO I'M A I'M A FLORIST. ITS BEEN ICAtfTEVEN XXJPOIN TAUNT YEARS S/N&AMOK'S REMEMBER CJVUJANUFZ, MANAGER, CALLW SCRKY f HOW 10 USE SOLDIER* COLONEL. Pig?- IMOUTOFSHAPE, THE F-WORP' HOU) ABOUT I I'VE FORGOTTEN ALLTHE rr UKEA yOUKSeif,S/R* j OR/US, I CANT LOAD AN M-16~
      114 words

  • ANALYSIS
    • 1633 13  -  Renong Bhd was at one time just another struggling property outfit. It now looks set to become a big player on the KLSE with its proposed acquisition of several companies. Lim Mui Khi reports Lim Mui Khi Renong Bhd faces its last legal hurdle to
      1,633 words
    • 852 13  -  Economic havoc seems to be the order of the day in Eastern Europe. Louis Uchitelle reports Louis Uchitelle NYT WHEN the Eastern European countries emerged from communism last autumn, there was much theorising about how quickly they should make the transition to free markets. Many
      NYT  -  852 words
  • Page 13 Advertisements
    • 305 13 Improve Your Communication Skills! Effective communication is the key to business success. Let our specialists in the Business Communication Unit TnWI give you that competitive edge! rx Confidence in Speaking A course on correct pronunciation to help you speak with confidence and poise. Courses start: 11 Oct, 8 Nov, 13
      305 words

  • THE LAW PAGE
    • 741 14  -  Terence Tan explains what's needed in computer crime legislation Terence Tan The writer is a lecturer in the National University of Singapore's Law Faculty NEW legislation on computer crime is due to make an appearance some time this month. It is hoped that the new
      Punch  -  741 words
    • 551 14  -  David Gabriel explores the laws that govern rulings on Iraqi and Kuwaiti property in S'pore David Gabriel SINGAPORE has taken steps to comply with the UN embargo against Iraq. The Monetary Authority of Singapore and the Trade Development Board have issued directives to
      551 words
    • 999 14 CASE^ JH Rayner (Mincing Lane) Ltd t Teck Hock A Co (Pte) Ltd and others High Court of Singapore Judicial Commissioner Chao Hick Tin THE CASE revolved around a consignment of Uganda Robusta coffee beans, shipped to Singapore and wrongfully obtained by Teck Hock
      999 words
  • Page 14 Advertisements
    • 507 14 OCTOBER 1 1-1 2 1 990, BALLROOM 3, PAH PACIFIC HOTEL, SIHGAPORE After 40 years the iron curtain has finally lifted. The Soviet Union and Where are the key markets for imports? Which goods sells best? the Eastern Europe are today opening their economies and markets to How should you
      507 words

  • SPORTS
    • 582 15 The US Open AP THE WIND swirled and the tennis world spun madly as the US Open ended a turbulent Grand Slam season and began the 1990s with fresh faces, new champions and the hint of a revival by an aging master. Parity has
      AP  -  582 words
    • SIDE LINES
      • 85 15 FORMER ALL BLACK STAR John Gallagher is sure to face an agonising decision concerning his international rugby league career in the near future. The London-born full-back, who turned professional with British First Division side Leeds recently, qualifies to play for both New
        85 words
      • 58 15 TWO SWEDISH PROFESSIONAL golf tournaments will merge next year, creating the second richest European Tour event behind the British Open. The inaugural edition of the US$l.2 million Scandinavian Masters, which replaces the Scandinavian Enterprise Open and the PLM Open on the 1991 Tour schedule, will be held on
        58 words
      • 54 15 US MASTERS and British Open champion Nick Faldo has withdrawn from the Lancome Trophy golf tournament, which starts tomorrow at St-Nom-la-Breteche in Paris. The Englishman, who tied for fourth place in the European Open at Sunningdale on Sunday, said Monday he had decided to rest
        54 words
      • 90 15 AUSTRIA'S Thomas Muster defeated Tom Nijssen of the Netherlands 6-2, 6-2 on Monday in the first round of the US$3OO,OOO Bordeaux men's tennis tournament. It may be the No 1 seed Muster's last tournament until November. Muster, the seventh-ranked player in the world, was fined U5525,000
        90 words
      • 108 15 NEW ENGLAND MANAGER Graham Taylor will attempt to succeed where Bobby Robson failed by trying to get the best out of enigmatic forward John Barnes in the friendly against Hungary. The Liverpool winger has proved infuriatingly frustrating by consistently failing to transport his club form into the
        108 words
    • 245 15 AP CANADIAN sprinter Ben Johnson, declaring himself fit and clean of steroids, has announced he will begin his comeback from a two-year disqualification in January. Johnson says he wants to win the world and Olympic titles over the next two years and set another world
      AP  -  245 words
    • 286 15 Reuter FERRARI have not used an Italian driver in F-l for four years, but now five of them are in the frame to drive for the Maranello-based team next year after the retirement of Nigel Mansell. Ivan Capdli, Alex Cafti, Pierluigi Martini,
      Reuter  -  286 words
  • Page 15 Advertisements
    • 56 15 giff ißKp* -Jm STEFAN MICHAEL mEDBERC vs CHANG Br 3 PLUS SUPPORT MATCH FEATURINC TWO INTERNATIONALS SINGAPORE INDOOR STADIUM 7PM SATURDAY 29TH SEPTEMBER 1990 TICKETS ON SALE AT CENTRE POINT INFORMATION COUNTER. LEVEL 1 WISMA ATRIA INFORMATION CENTRE. LEVEL 1 WINSTONS THE ARCADE OPPOSITE CLIFFORD PIER PROUDLY SPONSORED BY VOLVO
      56 words
    • 49 15 HONG LAM MARINE PTE. LTD. >Qu\ (Owner of 'SPC Taurus') Jy ON THE OCCASION OF THE CHRISTENING V 'Wj 0F VESSEL Wj "SPC TAURUS" m I From: WYNO MARINE PTE. LTD. J Block 1, Pasir Panjang Road, #03-05, M Wholesale Centre, Singapore 0511. Tel: 778 9128 Fax: 779 0203
      49 words

  • Page 16 Advertisements
    • 244 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE... THE TEA ROOM TAKES YOU SOUTH OF THE BORDER. It's fiesta time at The Tea from the Camino Real of Room. So grab your sombrero Mexico City. and come with us down September 3-16.
      244 words
    • 382 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      382 words
    • 262 16 It's The Street's anniversary Come karaoke and get a cassette recording of your singing Free! Happy Hours: 6 8 pm First Drink Charge*: Mon Thurs $12++ Fri Sun $15++ W Inclusive of 2 dnnks tu&ai ROSEGARDEN SICHUAN RESTAURANT W Level 5, Golden Landmark Hotel 390 Victoria Street, Singapore (entrance via
      262 words
    • 241 16 PERFORMED Amidst Imperial splendour. our chefs I ,act,on of demanding diners "To guarantee I jy PiaCC arnon B st dtscefnln B- J JL ,5,h,,00r -J- > t r, 333 Orchard Road. Singapore 0923. Tel *****11 I 1 Ti II mS I An experience you** no* forge* A choice of fli
      241 words
  • Page 16 Miscellaneous
    • 595 16 TELEVISION AND RADIO .11.1111ii*****1■. tmmwwv.Treasure. 4.14 tear Prayar CaN. BUSINESS 0N RAWO rr* A SBC1 SJS Mighty MaaM aad Friamto. 4.1t Tha UgM to Lm(con't)._ DUWW M I A VTTDtlfl PC i 5.50 Sartaltsad Dra«u Yang 4.44 Tha Btoak Wmm Fem- BSC. 89.9 mHz to VHF Bftftd II I t
      595 words

  • LIFESTYLE
    • 995 17  - Can a garlic a day... Jane Brody discusses findings revealed at a recent Washington conference on the 'stinking rose' Jane Brody NYT HOW effective is garlic in promoting health, and curing and preventing disease? After 4,000 years of forklore extolling gariic as a preserver and restorer of health and youth,
      NYT  -  995 words
    • 572 17 THE CITY of Grand Rapids, Michigan, will sell a two-sto-ry house that Gerald Ford lived in from 1923 to 1930, from the time he was 10 years old through his junior year in high school. No one wants to kick in the
      572 words
  • Page 17 Advertisements
    • 320 17 AND ENTERTAIN fJ- 1 *1 1 Mill I 1 Yamagataßeef. The Exquisite Taste Of Japan. W LUNCH 12 NOON TO 2.15 P* 10.19PM. SET LUNCH KL00«-» pc* poison Now you can enjoy one of the world's finest beef at the Yamagata Beef Promotion in Unkai Japanese Restaurant. Only from J
      320 words
    • 233 17 SINGAPORE'S RESTAURANTS «€OCnMnniON 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 ofTatler's readers for the best place to eat in Singapore. At Tunk-ka, it's more than a matter of taste! i
      233 words
    • 87 17 E Zr 4 1 m Classical Japanese food Prepared in the true kaiseki Style. Complete 6 coune let Lunch/Diuuef from $18.00 ?jßri Set Sushi Lunch from $17.00 Nishiki Restaurant Marina Bay Golf Country Club 6 Marina Green Singapore 0101. For Reservations Please Call *****11. Chinese cuisine, best of Thai. Over
      87 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4456 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market yesterday closed marginally easier in thin and quiet trade following a weaker close on the Tokyo market and concerns over higher oil prices. Japanese stocks ended lower yesterday after weaker yen bond
      4,456 words

  • 4118 19 Main Board GE Life 1230 50 4.2% DBS Foreign 1060 20 +1.9% Shangri-La 685 +20 +3.0% UOB Foreign 590 +15 +2.6% S1A 200 1170 +10 +0.9% SPH 695 +10 +1.5% Semb Maritime 366 +10 +2.8% Singmarine 50* 370 6 +1.6% Roth Inds 50» 362 +6
    4,118 words

  • BT SHARE INFORMATION SERVICE
    • 72 20 Ceepaey Oat* Yur Group N«t N«t Minings Gross mm to proflt/loss (L) por slur* dhtdwd COM) (cMts) J Cement Sep 10 Mar 90 $1,771(11.0191) 5.0(—) 2.5(0.5) Ma Hides Aug 31 Mar 90 $1.085(J1.129) 5.4(5.6) 6(6) MUI Aug 31 Dec 89 M$20.413($19.771) 3.7a(3.6a) 3.1a(3.U) BurwiH Aug 30 Mar 90
      72 words
    • 151 20 C— fl Date Year Group pre-tax Net earntags Crete ann to profit/lost (L) per »hare dividend ('000) (cents) Hemayan Sep 5 May 90 MJ1.505($5,224) 0.7(2.2) 1 5(1.5) Cold Storage Sep 4 Jun 90 J41,302(531,149) 18.6(9.8) 10.7(2.9) Cons Plant Sep l Jun 90 M588.700($157,400) 6 3(11 9) 18.4(32) 0NB
      151 words
    • 433 20 Cwpii) Data Half-year Group pra-tax latortai and to profit/loss (L) dhrWaod COOO) H Royal Sep 10 Jun 90 $1,620(1221) SSC Sep 8 Jun 90 $8,933(53.433) Hwa Hong Sep 7 Jun 90 $6,868(55.902) UPP Sep 5 Jun 90 $549($1.538) A8N Amro Sep 4 Jun 90 962b(984b) 28(—) km Pac
      433 words
    • 375 20 Sap 10 City Developments, through wholly-owned subsidiaries City Condominiums and Eccott will hold a 55% stake in a joint venture to acquire a plot of industrial land at 196, Randan Loop which was purchased from Prima Tech Park for $43.5 m Imo-PadAc Hokfeigs formally sealed its joint ventures
      375 words
    • 897 20 CwTMt Ex Baafcs Date Trial far Trial far H—I date cfaM payaUa tfcajot lariyaar Ma (Up 6% Aug 28 Sep 7 Sep 26 6% 6% Mtt 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 No* 1 10% 7.5%<a) Mm 7.5%TE(I) Oct
      897 words
    • 405 20 Stoppers Stocks Last Fad Year Company fiW Date Tor Net EPS toes Net anaaced nfc| (cab) *r pre* M jtm (TON) Lee* ftot mtenm Mar 30 Dec 89 5351(h) OB mtenm Apr 26 Jul 90 9.3(a) 2JTE(a) 4.747 FM Wenm Jun 23 Sep 90 35 6 18.0 62.868
      405 words
    • 653 20 BONDS, LOANS WARRANTS Cnopaqr ChwiIih ptht4 CiwwIh I— fcr tm «>— C4C m Betore 26/4/93 1 warrant plus $309 cash Camvty Lm C— > M 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant pin $1 —Ml amount of baa stock. don IWas a— Hp n March 87
      653 words
    • 389 20 Company Rights Issue KMa Mn (KK) Oftestorsaiebyoronbehalfof Utd Engineers (M) Bhd o« 25.2m shares by way of a nghts otter to enbtM sharehofcters o( KK on the bass of tour tor-one MSI 25 each. Ei-date Jul 20 Books dose Aug 3 Acceptance i Payment Sep 14 Murttt Oxygen
      389 words
    • 472 20 Company Rights Issue Bdton On* tor tour Mt2 00 per stare Camway bw Capital reductwi scheme to reduce par value of shares from $100 to SO GO; R«hts issue of 3:4 fe $0 60 per share cm One tor one (p, MJ400 per share Every tour rights shares
      472 words
    • 219 20 Matsudata Electric Co (M) Bhd: 25th AGM at ialan Sesiku, Ladang Perusahaan Shah Alam, Shah Alam, Selangor Darul Ehsan on Wednesday, Sep 12, at 10am. Mexsidra Hokfcigs Ltd: AGM at 11 Coflyer Quay, #12-01 The Arcade, Singapore 0104 on Friday, Sep 14, at 12 noon. Frst Capital Corpn
      219 words
  • Page 20 Advertisements
    • 43 20 AHave a swinging time Not in a disco H|| But in the jungle In the In waterfalls With elephants Water buffaloes And even porcupines In Malaysia's nature park The Kenong Rimba Park The latest news and much more From lunch-time. Monday to Saturday
      43 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3679 21 Bernama, Reuter SHARE PRICES on the Kuala Lumpur stock market closed fractionally steadier yesterday on speculative interest in second-liners after most investors withdrew on the sharp fall in Tokyo. The KJLSE Composite Index was down one point at 543.24 while the Industrial Index eased 0.72
      Bernama,; Reuter  -  3,679 words
  • Page 21 Advertisements
    • 216 21 AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A LOT •AT SHE RATON LITTLE 1 S < I I 2 m < > z < > ra (HHppnHMH '>* i^gs isM''ll;maA. KBlsE.MraM3i^fci^^^SvlcHH jBHI^^H ■Bh®l2!3Fm. ■IHHFSHK>^BHWDn(#ViI^^BK«BMHH y z When you visit a country as guest is greeted
      216 words

  • TOKYO STOCK EXCHANGE
    • 2232 22 TOKYO STOCKS ended lower after weak yen bond futures prices, losses on Wall Street, and slightly higher oil prices overnight triggered prof-it-taking. Brokers said trading should continue to be volatile ahead of the September futures contract expiry on Thursday. "We're not sure of anything
      2,232 words
  • STOCK EXCHANGE OF HONGKONG
    • 2416 22 Reuter HONGKONG STOCKS dropped slightly in very cautious trade yesterday, regaining most of the day's losses in the final minutes of the session. "When the market reached its low in the afternoon, we saw institutions coming back in," said a broker. "There is
      Reuter  -  2,416 words

  • REGIONAL STOCK MARKETS
    • Taipei stocks end lower on Tokyo's losses
      • 923 23 THE AUSTRALIAN share market closed slightly easier yesterday after investors recouped early losses brought about by a slight fall on Wall Street overnight. Brokers said a surge in crude oil prices pushed the Dow Jones index four points lower to about 2,616, raising inflationary fears and unsettling the US
        923 words
      • 364 23 TAIWAN STOCKS lost almost all of Monday's sharp gains yesterday as nervous investors were affected by the fall in the Tokyo market, dealers said. The weighted index lost 126.39 points, or 3.62 per cent, to close at 3,361.59 compared with Monday's 3,487.98 finish. Turnover fell to NT$21.9 billion from
        364 words
      • 692 23 AN ABSENCE of good news on the international front pushed Bangkok share prices lower across the board in thin and directionless trade yesterday. The SET Index fell 11.64 points to close at 828.16 in turnover of 19,129,507 shares worth 1,477.31 million baht. Declines led advances 142 to 21. Most
        692 words
      • 633 23 THE JAKARTA stock index fell 2.8 points to 541.87 yesterday, and turnover was 2.18 million shares from Monday's 2.45 million. Sentiment remained bullish on Bank Duta and Inco, which dominated the regular market with 419,500 and 299,500 shares traded respectively. Duta closed 100 rupiah higher at 6,000 and Inoo
        633 words
      • 595 23 PHILIPPINE SHARES slipped in sparse trading yesterday as investors worried about threats of a nationwide minibus strike when oil price increases are announced, brokers said. The Manila Stock Exchange composite index shed 6.32 points to close at 695.36. The year's lowest level of 683.58 was recorded on Aug 23.
        595 words
      • 758 23 SEOUL STOCKS dosed little changed yesterday as widespread floods in South Koreg prevented investors from trading. "Only a few investors showed up and the market was almost dormant," a Daewoo Securities broker said The composite index closed at 613.49, up 0.86 point from Monday's close. Brokers said uncertainty over
        758 words
      • 280 23 NEW ZEALAND SHARES ended lower on light turnover yesterday but the Gulf crisis and higher world interest rates have already been priced into the market, brokers said. The Barclays index estimate fell 23.77 points to 1,565.22 on turnover of 5.39 million shares worth NZ56.24 million. Wellington NZ Cents +/-Volfif)
        280 words
      • 51 23 REPATRIATED MONEY from the Gulf helped push the Bombay Stock Exchange (BSE) index up 38.95 points by the close to a new high of 1,321.82 yesterday. The national index gained 18.28 points to 677.60. All scrips made further advances and brokers said measures to curb speculation were having little
        51 words
      • 87 23 Clow Preftow Sep II SYDNEY All Ordinaries Index 1499.2 1500.9 -1.7 All Industrials Index 2236.7 2236.1 +0.6 All Resources Index 924.9 928.1 -3.2 Turnover (million) 56 52.0 +4.0 BANGKOK SET Index 828.16 839.80 -11.64 Turnover (nearest *000) 19,130 26,672 -7,542 JAKARTA Composite Index 541.87 544.67 -2.8 Turnover (nearest'000) 2.18 2.45
        87 words
      • 295 23 la local carreacy la S$ la US$ fay year day year 4my year S*»I0 latex chme chaay Aaj. chaay *g chaay World 373.0 1.8 -19.8 1.2 -22.6 1.6 -16.9 iEAFTE 504.6 2.1 -25.9 1.8 -26.8 2.2 -21.3 391.5 1.1 -13.1 -10.1 0.1 -3.4 Pacific 840.6 2.9 -33.6 3.5 -36.2 3.8
        295 words
  • Page 23 Advertisements

  • WORLD STOCK MARKETS
    • Wall Street hit by late selling spree
      • Article, Illustration
        1034 24 BLUE-CHIP STOCKS fell on Wall Street on Monday as a sudden increase in oil prices spurred a late-afternoon selling spree that erased earlier gains. The Dow Jones industrial average, which at one point had been up nearly 35 points, lost 3.96 points to close at 2,615.59. In the
        1,034 words
      • Article, Illustration
        834 24 THE LONDON FTSE 100 index remained trapped in a narrow range in dull mid-session trading yesterday as little fresh news emerged to undo an initial mark-down. Dealers said the early mark-down, made after a lower close in Tokyo and a small decline on Wall Street, had so far failed
        834 words
      • 298 24 WEST GERMAN SHARES ended broadly lower in extremely low volume trade yesterday as investors remained sidelined after the DAX index rose 2.4 per cent on Monday. "I am quite sure I have personally done the lowest volume of trade so far this year," one trader said. "And I expect
        298 words
      • 455 24 THE JOHANNESBURG stock market remained weak at midday yesterday in subdued trading, led by a further slide in gold shares as world bullion prices dipped below US$3BO an ounce on lower oil prices. But no heavy selling was evident. Dealers said volumes continued low amid the current uncertainties and
        455 words
      • 177 24 BELGIAN SHARES opened weaker yesterday on renewed concern about the Gulf crisis and disappointing corporate results of steel cord maker Bekaert. "People don't know what to do any more. They don't know how the Gulf conflict will evolve," one broker said. Decliners were led by Bekaert which dropped 7
        177 words
      • 162 24 ITALIAN share prices were little changed overall in early trading yesterday although most blue chips were drifting lower, brokers said. Volumes continue to be very low after Monday's thin 123 billion lire. "The market lacks all initiative," said one broker. The MIB index was unchanged at 0900 GMT with
        162 words
      • 335 24 SWISS SHARES were easier in quiet trading yesterday but closed above the day's low. Dealers said volume was light as no change was seen in all the factors which weighed on the market chiefly the Gulf crisis and fears of a weak US economy. "The number of pessimists is
        335 words
      • 192 24 RESOURCE-HEAVY Toronto stocks slipped slightly in opening trade yesterday, after sagging oil prices dragged down the market, dealers said. Metal prices firmed but metal shares remained listless due to the general malaise of the market, trader Rolie Bradley said. The composite index lost 10.3 to 3,277.4 on volume of
        192 words
      • 169 24 FRENCH share prices drifted lower by midday in a rather directionless market yesterday, with operators taking profits in reaction to Tokyo's 1.90 per cent drop overnight and softer European stock exchanges, dealers said. The CAC-40 index stood 7.11 points down at 1,654.65 by 1134 GMT. It began at 1,645.09
        169 words
      • 246 24 DUTCH SHARES closed slightly lower after a lifeless day's trading yesterday with the almost total absence of corporate news and a lack of fresh developments in the Gulf leaving the market becalmed. "The market has been almost completely dead today with no fresh factors to trade on," one dealer
        246 words
      • 46 24 Vienna Sep 10 Aach Akg Holding 4450 unch E. Allgem (PreO ***** +500 Jungbunzl ***** -200 Laenderbank (PreO 615 -17 Lenzing 1490 +35 Ley karri 504 -10 Montana ***** 3000 Oesterr. Brau 4200 250 Sempent 150 +6 »eyr 192 +3 Veitscber 960 +55 Source: Austrian Laenderbank
        46 words
      • 83 24 Sep 10 Cloac Previous NEW YORK Dow Jones 2,615.59 2,619.55 -3.96 NYSE Financial 124.44 124.73 -0.29 SAP 500 321.63 323.40 -1.77 Turnover (million) 119.73 123.80 -4.07 LONDON Financial Times 30 1,655.1 1,638.5 +16.60 FTSE 100 2,147.0 2,122.9 +24.10 Turnover (million) 296.4 331.8 -35.4 AMSTERDAM CBS General 185.10 182.30 +2.80 BRUSSELS
        83 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1276 25 FOREX MARKET REPORTS THE US dollar extended early gains during a moderately active European morning yesterday, as it continued its correction to recent weakness, dealers said. Sterling/US dollar was the main focus of attention amid market talk of a big Middle-East seller of
      1,276 words
    • 391 25 Cross rates sepn USS SS MS Dm Yen SFr AS NZS USS 1.7690 2.6930 1.5780 139.90 0.5371 1.3140 1.2285 1.6155 SS 0.5656 1.5232 0.8925 0.7913 0.3038 0.7432 0.6949 0.9137 MS 0.3713 65.65 0.5860 0.5195 0.1994 0.4879 0.4562 0.5999 Dm 0.6337 1.1204 1.7066 88.66 0.3403 0.8327 0.7785 1.0238
      391 words
    • 561 25 Interbank rates S$ Bid Offer Overnight 4 4 1/2 1-month 6 1/2 6 5/8 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode: 6-5/8 USS Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/8 8 1/4 2 months 8 1/16 8 3/16
      561 words
    • 1602 25 SIMEX nmooouM Open High Low Sett Est Vol Op/lnt Vd Sep 90 91.94 91.95 91.91 91.93 1 739 ***** 937 Dec 90 92.01 92.03 91.98 92.01 ***** ***** 5795 Mar 91 91.98 92.00 91.95 91.99 3924 8747 1498 Jun 91 91.84 91.86 91.83 91.84 1015 1668 93 Sep
      1,602 words
  • Page 25 Advertisements

  • COMMODITIES
    • 376 26 Bernama CAREFUL exploitation of coal resources is necessary to achieve Malaysia's national energy policy of reducing its dependence on oil and diversifying to gas, hydro-electric power and coal in energy consumption, a workshop in Kuching was told. As such, personnel involved in coal
      Bernama  -  376 words
    • 319 26 Reuter A DRIVE to boost the International Cocoa Organisation's credibility through cocoa promotion and research could be financed by selling cocoa from the agency's stockpile, Icco council chairman Peter Baron said. "For the sale of 2,000 or 3,000 tonnes of cocoa we could
      Reuter  -  319 words
    • 836 26 REPORTS THE price of tin rose three sen to M 515.12 per kg in the Kuala Lumpur Tin Market (KLTM) on better demand and lower disposals. At the opening level of M$ 15.09, bids amounted to 100 tonnes against offers of only 47
      836 words
  • 1314 26 Rubber sepn KM (hfc hi Ha») S centi/Vg Noon Close IntlRSS Prompt 156.50/I57.50N I56.2V157.25N Int t RSS Oct 90 156.7V157.75 156.50/157. SON IntlRSS Nov 157.2V 158.25 157.00/158.00N Int 2 RSS OP I5I<M/153.00N I51.00/I53.00N Int 3 RSS OP I46.50/I48.50N 146.50/148. SON Int 4 RSS OP 142.50/144.50N 142.50/144. SON Int 5
    1,314 words
  • Page 26 Advertisements
    • 871 26 NOTICES THE BUKIT KATIL RUBBER ESTATES BERHAD (Incorporated In Malaysia) NOTICE OF MEETING NOTICE 18 HEREBY GIVEN That the SeventySixth Annual Ganaral Masting of tha Company wM bs hatd at regletered office No. 22 (Up par floor of No. 20), Jalan Hang Jebat, ***** Malaka, on Friday, 26 Octobar 1990
      871 words
    • 15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times
      15 words

  • THE TRAVEL PAGE
    • 783 27 at, Fight ETA FKg* ETD City Flight ETA ETD Aha DfcaM GA895 1235 MH607 SQ 111 MH/SQ671 1605 1705 MH610 MH643 1715 1730 QF7 2035 2250 1800 SQ114 1745 1 MH644 SQ113 MH617 MH619 SQ119 1900 1950 2050 2135 2205 MH614 SQ118 SQ 120 MH624 MK/SQ7
      783 words
    • 799 27  -  LETTER FROM NORTHUMBERLAND By Michael Balter The hermit st Cuthbert came to get away from worldly distractions. People still do. The wind-hammered coast of Northumberland, England's most northern shore, is one of the least visited, yet most varied and dramatic, in Europe. From
      799 words
    • 152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.432 1.452 Canadian dollar 1.497 1.527 NZ dollar 1.083 1.113 Sterling pound 3.247 3.277 US dollar 1.7650 1.7750 Local 4ollm to 100 Mhs of fotelp carreacy Austrian schilling 15.60 16.60
      152 words
    • 52 27 Duration Title Venue Orpaif Td Duration Title Venue Orpnaer Sep 7-17 International Switzerland Schwozer Muster 61/686.20.20 Sep 15-20 International Germany Munchener 89/***** Fair Mustermesse Trade Fair for Messe Sep 10-16 *423.31.0, Electronics Sep 19-24 International Italy COSMIT 2/498*361 Sep 15-18 International Paris Semaine 1/*****569 Lighting Leather Week
      52 words
  • Page 27 Advertisements
    • 51 27 i |he huMni" person* vhoicc ocr\ lucml.iv. A P)/' II m I hurvil.i\. Viuml.n jmlMiml.u I v..nini;( h.w*;t fl I I II 1 \irport .it ":!> hour* ind .irmini: it l etter B. \V. 1 M S Pc.ir>onlntcrn.itioiul Vrport ihclollotungdji. A Hi: I. Mi Hl' Fi: KMI A I I:
      51 words
    • 253 27 UNMISTAKABLY M^^an AndL.Airflown Great Fish Dishes Sainbal File Fillet in Foil I mariners CORNER I I DEUWS'CORNER I wsttwmtTHTWQWi ngnmnTtsnoKiotg 130 CMnmrt Road iOi -OB Martlm* Nomm >T3Tlhji»iW—WH-QiNp»«n«o»—» »m«»m »»waw wwwod First Of Its Kind In Slngsporo WUBBKKBI 155 St,**—i BBQ Beef Pock Ribs Ftm(mtangSpm. Sunday iPufcHo**rt Soviet Pts m
      253 words
  • Page 27 Miscellaneous
    • 191 27 1 amends (9) 28 On the alert for a funeral party 7 Preach for a zero interest 25 Inclined to get an article in 29 Bitter lament by the be- charge (5) fast (5) reaved (4) 8 Judging a fashion assess- 26 Leather is best (4) 30 The simple way
      191 words
    • 209 27 Singapore Outlook: Showers over a few areas in the afternoon. Report Max temp. 32.1"C Assoc humidity 67% Min temp 25.0"C Assoc humidity 97% Hrc of sunshine 7.30 Rainfall in mm Nil Rainfall this mth 85.9 Rainy days this mth 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/09 Fair Bangkok..... 35/26
      209 words
    • 47 27 Du Cuir 1 0r... I'LL L£Ave| I-HO.HO. DON'T sp>V A B&STtxL— I'D UWe. TtA 1-OORO rmss WHO J 6Le N)^ ,s \'D SiTDOurt will Be loith os km? rue y q. Csve?)Put vbufc rset oP p*o we#r fortnight. evefcYTWMG to C EVENING STANDARD CO LTD.. HU-IWO I
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  • 432 28  -  By Lim Mui Khi A HONGKONG company with strong ties to the Beijing government is moving its headquarters to Singapore for a number of reasons, among them the Chinese takeover of Hongkong in 1997. The company is Management Investment and Technology (MIT), founded by
    432 words
  • 263 28 THE RECENT series of exchanges between Singapore and Malaysia over the Republic's alleged intrusion into Malaysian airspace arose from a lack of information, said the government parliamentary committee for defence and foreign affairs. The GPC also feels that such matters should be discussed and resolved
    263 words
  • 335 28  -  By Kenneth James CHINA'S economic policies have not changed as drastically as perceived by the outside world, and foreign investors may in fact find present conditions more attractive than before, a prominent Chinese economist said yesterday. Professor Zhou Xiaochuan, China's Assistant Minister for Foreign Economic
    335 words
  • 316 28  -  Apec Forum From Paul Gopal in VANCOUVER ASEAN trade ministers met for nearly four hours on Monday morning to arrive at substantial offers each nation would make in the Uniguay Round of world trade liberalisation talks. Singapore's Minister for Trade and Industry, BrigGen
    316 words
  • 158 28 ASEAN and US trade officials will meet in Vancouver tomorrow and on Friday to work out details for a direct trade consultation mechanism between them. The meeting will look at a US proposal made under the Asean US Initiative (AUI) for a
    158 words
  • 214 28 Reuter THE WEST will gradually ease economic sanctions against China to reward it for cooperating in the Gulf crisis, diplomats and bankers said yesterday. The relaxation would start after the Asian Games later this month and the US Congressional elections in early November,
    Reuter  -  214 words
  • Page 28 Advertisements
    • 256 28 Baume Mercier GENEVE 1830 {gj AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON LITTLE THINGS MEAN A LOT AT SHERATON (g) o Z h e could hardly of bed to open the to let us a So our the Asia's panacea for all_ kinds of —and It all happened
      256 words
    • 60 28 JIL Baume Mercier GENEVE 1830 i I M J I t| |H^; t 11/ 1 l H L 1 I V V k 1 Ifl Vjj a M m 3 I B m fl 1 I n M'' a V .v m H jB j^| 1 k I Bfik. Hk
      60 words

  • Shipping Times
    • 408 29  -  By A J Leow THE SONY group has become the first company to win approval from Malaysian authorities to use 40-foot bonded trucks to transport its manufactured goods to Singapore for distribution overseas. Using the longer trucks instead of the usual 27-footers saves
      408 words
    • 315 29 CATHAY Pacific Airways and Japan Air Lines have tied up for the first time to provide a direct service between Hongkong and Sapporo, in Japan's northern island of Hokkaido. Cathay's manager in Sapporo, Mr Mark Nakayasu, told the South China Morning Post
      315 words
    • 288 29 AIRLINES should be banned from joining fare discussions held by the International Air Transport Association (lata), called "a legalised international cartel" by Mr Dick Thornburgh, the United States Attorney-General. Overseas reports quoted Mr Thornburgh as saying that airlines flying to and from
      288 words
    • 190 29 Reuter JAPAN Air Lines is buying into a new Lockheed subsidiary that will maintain JAL's Boeing 747 jetliners, the largest such fleet in the world. The tentative agreement between Lockheed and JAL calls for JAL to invest in Lockheed's aircraft maintenance operation, Lockheed
      Reuter  -  190 words
    • 160 29 THAI and German aviation authorities will meet in Bangkok next month to work out a new air agreement which will take effect when the two Germames unite on Oct 3, the Bangkok Post reported. At present, Thai Airways and Lufthansa fly 14 direct
      160 words
    • 189 29  -  B* Fauziah Hj Ismail MALAYSIA needs to be bolder and more adventurous in planning its future strategies to become a leading maritime nation, said Johor port authority general manager Haji Yahya Abdul Ghani. He said the country will have to plan strategies and
      189 words
    • 408 29  -  The Gulf Crisis By Dexter Lee FREIGHT FORWARDERS can also benefit from the Gulf crisis. Newly-formed Haniel Transport (Singapore), which is just into its sixth month of operations, saw a 30 per cent increase in transshipment volume through Singapore last month. This increase
      408 words
    • 164 29  -  By Sangeeta Mulchand WHILE the situation in the Middle East has taken a toll on the Korean trade in the region, South Korean companies including Samsung, Hyundai, Daewoo and Lucky Gold Star have been advised to continue normal operations in the United Arab
      164 words
    • NEWS SUMMARY
      • 39 29 THE BRAVE new world of European civil aviation, heralded by the sector's deregulation after 1992, is causing many carriers to rush into alliances and pacts in preparation for the more competitive environment in prospect. Page 2
        39 words
      • 36 29 US Transportation Secretary Samuel Skinner, citing the sealift in the Gulf military buildup, said he may ask for a revival of subsidies to the US maritime industry B«ck Page
        36 words
      • 30 29 THE European Commission is to examine charges by British Airways that West German airline Deutsche Lufthansa is unfairly moving in to control Interflug. Back Page
        30 words
      • 38 29 ARGENTINA will seek a new buyer for state airline Aerolineas Argentinas if a consortium led by Iberia does not soon make the US$ 130 million down payment, President Carlos Menem said Back Page
        38 words
      • 44 29 THE UK Department of Transport (DoT) said British Rail's financial performance made privatisation of the service impossible for some years, and declined to put a target date on the possible flotation of the state-owned transport network. Back Page
        44 words
    • LOG BOOK
      • 100 30 THE Panamanian tanker Caribica sank off Malaysia on Sep 8 after an explosion, Lloyds Shipping Intelligence Service reported. The 31,185-dwt vessel sank in latitude 05 25.96N, longitude 107 35.27 E. The crew was picked up by a South Korean fishing vessel. Twenty-five people were saved
        100 words
      • 58 30 CONTINENTAL Airlines Holdings Inc and EDS signed agreements for a previously announced transaction for a new computer reservation system partnership, and for the sale of System One's Telecommunications, Technology and Airline Service units to EDS for US$25O million. EDS will provide Continental Airlines and Eastern
        58 words
      • 98 30 SHIPPING company Peninsular and Oriental Steam Navigation Co unit P&O European Ferries and seven former employees on Monday denied manslaughter over the Zeebrugge ferry disaster in which 193 people died. The trial, which could last up to five months, follows a 15-month police investigation into the
        98 words
      • 56 30 MITSUI Engineering Shipbuilding Co Ltd set a sales target of US$2O million in the first year of operation of its wholly-owned unit in Houston, Texas. In April this year, Mitsui set up the unit MES Engineering Inc (MEI) capitalised at US$l.5 million to construct
        56 words
      • 80 30 DANYARD A/S, a unit of the Lauritzen shipping group, will build four advanced multi-purpose reefers for Chiquita Brands International of the US for delivery in 1991 and 1992. A Danyard statement did not give the value of the order, but Danish press reports estimated it
        80 words
      • 102 30 THE Chilean Exporters Association charged on Monday that the US Food and Drug Administration (FDA) contaminated two Chilean grapes that sparked a 1989 scare that gutted Chilean fruit exports. "The grapes were contaminated at the FDA laboratory in Philadelphia," said its report. "The manner in which
        102 words
    • 891 30 The post-1992 era is likely to be dominated by several mega-carriers IHT THE BRAVE new world of European civil aviation, heralded by the sector's deregulation after 1992, is causing many carriers to rush into alliances and pacts in preparation for the much more competitive environment in prospect.
      IHT  -  891 words
    • 709 30 AFP THE BALTIC International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) slipped lower over the past week, with few fixings undertaken outside bookings made by the US Military Sealift Comand (MSC) to carry supplies to the Gulf States area. The BFI ended on Friday down 15 points
      AFP  -  709 words
    • 12413 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
      12,413 words
    • 673 45 *Mi V** Bar* *nm Dapartn Vaaaal Vay Na Berth Arrival Depart™ S?S fta «32 *31 alongside 1109/1800 Dapnshw 6/90 *29 alongside 1109/1500 Mm 9006 K31 alongside 12.09/2300 KMotmntt 4W K30 alongside 1309/0600 Koto Petani E-868A K32 alongside 10.10/1930 Shouslw 31/32 C10 alongside 14.09/0700 TMdOMpv 2/90 K34 alongside
      673 words
    • 1231 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Record Boott*/Babnc« Mb Sty toy No Etb/Btr HM From To From ta j 12A 12/1900 1 11/1500 11/1659 11/1900 Ansa, *****N 13/2359 1 11/1500 11/1659 11/1900 3 12/0700 12/1159 12/1400 ATOM 343 13/0830 2 11/1700 12/0659 12/0900 3 12/0700 12/1159
      1,231 words
    • 368 45 PUKlug South Pari on Sep 11: Kyoei Maru No 1 berth 1; Courage Venture L berth 2; Hoegh Dyke berth 2; Nan Feng berth 3; Metaka Jaya berth 4. KCT: Asian Princess berth 8; Kota Makmur berth 9; GuH Bridge berth 9; Wifcne Orient berth 10. North
      368 words
    • 1101 45 CHARTERING on the dry cargo freight market on Monday featured several wheat shipments by the World Food Program but activity was otherwise dull, brokers said. The World Food Program took 19,300 tonnes of wheat from Australia to Tut icon n at USS24.SO basis west Australia or U5527.75 for
      1,101 words
    • 340 46 Reuter US Transportation Secretary Samuel Skinner, citing the sealift in the Gulf military buildup, said he may ask for a revival of government subsidies to the US maritime industry. "America has just understood for the first time in many years what a
      Reuter  -  340 words
    • 165 46 AP ARGENTINA will seek a new buyer for state airline Aerolineas Argentinas if a consortium led by Iberia does not soon make the US$l3O million down payment, President Carlos Menem said. If the downpayment is not made, the airline "will be put
      AP  -  165 words
    • 153 46 Reuter THE European Commission is to examine charges by British Airways that West German airline Deutsche Lufthansa is unfairly moving in to control East German carrier Interflug, commission sources said. In an official complaint sent to the European Community's executive last week,
      Reuter  -  153 words
    • 192 46 Reuter THE UK Department of Transport (Doll said British Rail's financial performance made privatisation of the service impossible for some years, and declined to put a target date on the possible flotation of the state-owned transport network. "A lot of work has
      Reuter  -  192 words
    • 369 46 Lloyd's List JAPANESE shipping major Nippon Yusen Kaisha (NYK) Line is seriously concerned about the possible surplus of containerships in 1992 if the construction of containerships continues at the present level of about 100,000 boxes added to the world fleet each year. A report
      Lloyd's List  -  369 words
  • Page 29 Advertisements
    • 176 29 I Hi UNITED I BlalS LfASNGIgtVKXSmUD Call Te1:471 3033 Contra Schedule 17 My Fre*to 17 Ma to Mvertsen 3 Shppng G»adt 10 n Staps n Port 17 S«ppore Tries 17 Weather and Sea Conttnns 17 WeeUy tracts 2 "K"LineThe Best Can Get Better! How can you improve on perfection? At
      176 words

  • Page 30 Advertisements
    • 101 30 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
      101 words
    • 55 30 NOTICE FAR EASTERN FREIGHT CONFERENCE Notice to Skippers LCL Service Charge Review The Member Lines wish to advise that a review of costs has made certain increases in LCL Service Charges necessary and these will take effect from 15.10.90. Full details of places affected and the new rates are available
      55 words

  • Page 31 Advertisements
    • 1758 31 mmrnm JAROINE SHIPPING AGENCIES %%||f# 200 Cantomnent Road #12-05 Souftpomt S.nppor. 0201 \lllir Tel 221(011 TELEX NORS ***** Ullim TERMINAL/CPS Td *****11 220 BOOKINGS Tel *****34 235 I IUdOQf J Pf&AKA JAROINE SHIPPING AGENCIES SON. IHO. iSfed t» CMahty^i^ EXPORT IWatLVOYAGC iLBH lew* NFK I NYC HFX SCP VCSSEL/VOVACC _SCP
      1,758 words
    • 1112 31 MDEX T^rogijSEßS r A v Mainfrcight IS 4 1 r 1 MISC 14 1-3 i ABC Containeriine 13 5 a Kfsia Shpg Corp 9 1/2 Accord Shpf 8 1-3 Mercury Line 12 2 I Adkris Business 16 3 Mendelssohn 4 4/5 Albatros Sea-Air 14 S MengHomgShpg IS 2 1 Alfred
      1,112 words
    • 2176 31 VMM* Voy ETA I ETO 'Port 'Panang DESTINATIONS I S4ngapor* Kalang TMa vMk Mam y Chains Tim FMdar by CY IM (MOO HHS M Faroo 4 CFS 17« 2300 MRS M T«uro OAK LQ6 HOU MEM ATL MIA CMS BAL PHL NYC MON TOM MARIT M *008 IM IM 13*
      2,176 words

  • Page 32 Advertisements
    • 1108 32 I ROTTERDAM?] VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BWEMERHAVEN ANTWERP LE HAVRE KASOGA VWSOB 13/8 8/10 2/10 4/10 t/10 7/10 CA7^N D^ GH SS" 2M 18/10 SIS H/10 JJIO I^lo BREMEN*^PRESS 88/515 £2 »10 ISS '•"<> 21/10 sr s?!5 s:s S3 as 5S£%? excess £g ,B S3 I«"
      1,108 words
    • 476 32 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT SEASPAC I 28/9 11/10 16/10 AISO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAOO. APIA S NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANP VAP SEASPAC I 28/9 29/10 31/10 2/11 Alto «ccaftin( Carte to Callaa (Pani) via Valpa Ao»nt»: fxfsj* jQ/Ml SINGAPORE: *****96
      476 words
    • 1135 32 El wmmAMXM. Un REGULAR INDEPENDENT FULL CONT AIMER SERVICE > WESTBOUND FOR EUROPE 4MT MAM RB LHA VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE Suje> R© T HAM) north VI Q7SW 14/09 02/10 06 10 10/10 12/10 14/10 1610 17/10 2W 12 10 14 10 17 10 19/10
      1,135 words

  • Page 33 Advertisements
    • 1613 33 sgSleamers Maritime Holdings Ltd mP&O I MnWSTRAIT s SHIPPNGI Containers Stm irrmt 0(i( SAILS Von No P Klaif S port S'ton H'b«r| ETtevee ITdm Lok eaten KASUGAI IWDB T.BHUM-UWB IWB »10 «/10 04/10 01/10 0«10 CITY Of EDINBURSH >1/512 ♦TO 12/0# 17/tt I*lo 06/10 <*10 UJAM WOO« Vl* Kwi, Lab.
      1,613 words
    • 1599 33 TO: EUROPE TO: FAR EAST SP IH ROM HAM BHVN FIX SPORE HK KAO KM BU HAHJIN LEHAVRE 009W 17/9 S|II i|U W W Wt HANJIN OAKLAND OOK 17/9 28/9 21/9 24/9 27/9 HAN JIN FELIXSTOWE 004W 22/9 UfU U/N U|lt U|U Wt CHOYANC SUCCESS 010E 1/11 4/10 S/M 1/10
      1,599 words
    • 48 33 30-09, Tang b«g Met* 101 CkR Sl S par* 0106. Tab 224*512, *****11, ***** M. 4HHMH Tatwu H 202*4 Pu *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIOAH 17/11 SEPT SIM), KUCNINC SSI A RIKA 12/13 SEPT PENANC SUTRA IKM SEPT P. KELANC SRI ARIKA 11/19 SEPT KUCNINC, SISU
      48 words
    • 351 33 mammm CONVENTIONAL SERVICE TO YANGON ETA SPORE 21/9/90 ETA P.KELANG 23/9/90 ETA YANGON 27/9/90 M.V. "HUA BAO" Voy 3 j| IMLintermaritime I SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PI DIN CT M SAPANCA VST Sid SM SM 20/9 */t 2/M •AJ«o call* E.L. P.L n GENERAL AGENTS:
      351 words

  • Page 34 Advertisements
    • 599 34 m. Munft um I nr. asm u*« r.t SAMKM MOKSU M. THKOM LIW CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VStyVOY SPORE *O*W H'BURC BREMEN ANTWERP MATARAM/27W8 Tl-Xfi 22/10 21/10 2S/10 2/11 AVIKtL 10-13/10 14/11 W1 Wl W SMIWIJAYA/30WB H-M/IO I*ll 23/11 *11 30 11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO
      599 words
    • 714 34 gahanjin shipping Uy FULL CONTAINER SERVICE {'■or* LaHavr* R dam H'kuri B'h»« Fstowt FEEDER VSL I «B LINE HAUL LAX OAK HANJIN LE HAVRE OBM 17fl SflO fi™ 7/lT *10 1m HANJIN OAKLAND 00* 17/9 M SEATTLE 013E llflß 14/10 HAN JIN FELIXSTOWE OOM 22fl 10/10 11/10 12/10 14 10
      714 words
    • 1271 34 If i —J T -J 1 PKL SCP HKC KSC KLC PUS MKT OSK SRU TYO LAX CHS lAL NYC LNV AHV Hi FIX NK SEP E GENTRY RE-OS WUiIWIMaiMMMW l/ll UfU Wl »ll !»l 7/11 Ofll W MfU 11/11 VU I GATHER RE4J2 W »l W W W lfK
      1,271 words

  • Page 35 Advertisements
    • 1480 35 ~j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 MN TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 MM CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 K.L^CQ)^ *****87, Penang-(04) *****0, J.Bahru-(07) *****3, *****4
      1,480 words
    • 1235 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****54/ *****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 fSSi VOTAg |SWK |mAJIIL» HKOuT VOYAGE gOtt WOAIK HBURC rHAVOI THJUtT wn ANTIERP hkoiuwskit —SST~
      1,235 words

  • Page 36 Advertisements
    • 1144 36 W "W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CRNfI: 124M*****0M) V\ 3K 1%. Lj TEL: *****77 TELEX KAWAKIRS23I6STAX *****79 VI J I I 1 A MALAYSIA HARPER WIRA SON BHD aßta. m m A TEL pj *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. p. N. AMERICA
      1,144 words
    • 130 36 Continental Pacific snipping f TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PK LOADING FOR PIPITSA PETRAKIS SW SETE/RD*/ANT/FIU/UK GOOD STRAIT SID SW ROM/ANT/FLU/UK GEORGE I In Pt 11/9 RD«/ANT/FLU/UK Loads Sab»h/lndone*i» MULTIPORT AGENCIES (S) ®PTE. LTD. TEL: *****77 FAX: *****31 P.K. MULTIPORT SON BHD. TEL: *****09 TLX: MA *****
      130 words
    • 142 36 REGULAR CONVENTIONAL SERVICES IS' pore P Ketong Loading for I FAYROU2 1 SID IN PT Antw/Rdm/UK/Nantes I PAN CRYSTAL IN PT 13/9 Val/Antw/Rdm/UK/Nantes I AROSA 23/9 26/9 Antw/Rdm/UK/Nantes I I S pore Loading for I I SAMMI BLONDE 25/9 Hodwdah/ieddah I I ANDREAS 25/9 Dubai/Damman I IS'pore Loading for 1
      142 words
    • 684 36 t.w» PHIII-ORICNT LINCS PTC LTD 108 ROBINSON ROAO <t0740 GMG BUILDING SINGAPORE 0108 X TEL *****22/*****69/*****00 TELEX: RS ***** PHHJ FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU flfjg MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION TORMTO, B ■iSiUiaSiiIIiMHHIHHiHH I Vancouver, s*western ontario. I 20
      684 words
    • 384 36 GOLDEN LINE A GUAN GUAN SHIPPING T^ 04 WKAIWWMUWWWiVW S'por* P. MMaf PwM| GOLDEN HAVEN Catanbo/MridWOubii 14/ M Sipt GOLDEN BEAU CotantaKwacM>ut»i M OTOIA BBVIg DAI TUN SHAN Xamtn/Furfnu la Nrt AKMLrwrMMgNMpi 1W» Sa* A VESSEL U/» Sa* HAI FENG Hmnjpu'Slunftw hi Nrt a vessel (mm an U* YUQINC Hujnfpu'Shanghai
      384 words

  • Page 37 Advertisements
    • 1518 37 SSggfjfl PACIFIC INTERNATIONAL LINES (PTE) LTD ff Jfcp PIL BuHding, 140 Cecil Street #03-00, Singapore 0106. VOY SIN JKT SIN VESSEL VOY SIN BKK SIM u E "V AHrr a Y rzL KOTA SINGA 26M 1M 1M JM MAJAPAHfT 01SB 13/9 PEGASUS PROGRESS 034N 1M 1M 22/9 uc ATi 22
      1,518 words
    • 1145 37 r BEN LINE CONTAINERS LTD 1 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** express VESSEL |VOY SPORE PKLAN6 SHAMPTON HAMBURG ffHAVEN ffDAM LHAVRE Kasuga 1* 11/508 13/9 7/10 2/10 4/10 1/10 8/10 City of Edinburgh 91/512 17/9 Via Tex 4/10 6/10 8/10 Cardigan
      1,145 words
    • 314 37 MYANMA pHk FIVE STAR UNE V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Hn P.Cdg MERGUI VIOIW IN PT PATHEIN VIOSW Vl» SEP 12/14 SEP PAGAN VlfclW 20/22 SEP HPA-AN VISSW 21/1 OCT THE BANK UNE (AMr*»o(An«r«wW««rSM»»to«) SEMI-CONTAINER SCMVtCE HEAVY LIFT CAPABILITY i EXPRESS TO PAPUA HEW GUINEA
      314 words



  • Page 40 Advertisements
    • 810 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIR FLX BRV ROM ART HBG RST H. CEGIELSKI W 14/1 1/10 M/ 10 *10 11/10 lf/18 TOKYO SEN WfMt 11/1 11/W 12/10 13/10 15/10 17/10 MECKLENBURG 6/90 2*/9 20/10 22/10 21fl0 23/10 2S/10 GERMAN SEN
      810 words
    • 1102 40 OBES^SLu CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 •n a—iiw same* it FAR EAST PORT KELANQ 14/9 21/9 MANILA 15/9 22/9 PENANG 14/9 21/9 BUSAN 19/9 25/9 BANGKOK 15/9 19/9 TOKYO 20/9 27/9 HONG KONG 18/9 21/9 YOKOHAMA 20/9 27/9 KAOHSIUNG 16/9 23/9 KOBE 20/9 26/9 KEELUNG 16/9 23/9 JAKARTA
      1,102 words
    • 343 40 iiiiniiitniiiiniii LOADING FOR LOADING FOR BUENOS AIRES VESSEL 555 COO om (AIRES MVIOCO RK) STJ VtT PAGUA C ISABCL mo W/M 27/10 *11 12/U 200J VMOMJ MOSrwtEN 8 17/11 mi 4/U 17/U MfU V.TOA DISCHARGING FM BRAZIL ONLY Sra«l|MM. HK KEE OUSAN YOK NQO ROB c isAKi is/1 ii/i 2i/i
      343 words
    • 1309 40 '"Z" fe| >3? CHINA OCEAN SHIPPHIG COMPANY I TEL *****00 I 1 m 2B.'%£iE£?£f m full container liner service m a r Sub 081 I #15-00. SINGAPORE 020/ CABLE COSTARLINE I CR NO U717M***** I General Agents: OOITAI SHIPPING PTE LTD I TO iUKOPt PWOM teHjOPt ytttn ytn FIX HOT
      1,309 words

  • Page 41 Advertisements
    • 1007 41 RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 fTl| TELEX: R8 ***** RIBHIP (3 Llnaa) li"C\ ETHIOPIAN SHIPPING USB r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOV ETA LOAWNG FOfl SPORE NETSANET 20WB 30/10 DARESSALAAM MOMBASA. DJIBOUTI ASSAB. MASSAWA, HOOCIOAH AMXNET
      1,007 words
    • 797 41 taka.P T. MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTPSRE, INDONESIA, MALAYSIA ft THAILAND i ALSO ACCEPTING LCI CARGO TO ALL DESTINATIONS. > WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 •MOAPOIW INOONfSIA senvtea VSL VOY SIN JKT PAJ
      797 words
    • 617 41 BANGKOK CEBU/MANILA VESSEL |VOY SIWCAPORE BANGKOK NdWa IW fWK COO »WMI CHAIYA BHUMj WW M. Pt 12/9 Fri I I|9 SO ORIEWT gt_ _Jjg_ _Jgg_ gg WAWTA BHUM OtW 111 Pt 129 Fri IS/9 WT| ggg g/> Z7/» 3ft JtlalW aw Tlwr 139 Sun gg SO ORIEWT m M/l 4/1B
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    • 368 41 TO AUSTRALIA/NEW ZEALAND WJ« fkM^b TX rrwBBW l|Mf WM MMH TKTantcssis nji in Hi wm wm UWB 155 E5 S3 vu Hu u/u mussel m vu 5m am am wu va c vemuk 5 nm iai w w Su wu U DATS TO BCBLBOiIBNBS TO USA/CANADA VII tap«n N. on
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  • Page 42 Advertisements
    • 1730 42 BLUE STAR LINE SINGAPORE TO Jj NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELUNGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PIV AUCK ITT MANDAMA OHO 14 S«p 23 Sep Via NPt 21
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    • 849 42 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax Nq: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mta \wi |m Inn una m eh Ikct KIM SOON LI 36/90E 15 SEP PENANG JENHOL 16/90E
      849 words
    • 295 42 iFIHH «ANIAN«E*VIC» I Slnfapnra Loadini far- I IRAN TEYFOURI In H Banter AMM I Ml PMkMi UM if mm IX NOT CMST/MDOn/CamML AMERICA CWVTMMER »VICE MM U UKNAM LCAJtOtNAS S.CRUI —U JP ,iff Jfg JfS SS TOCUCA VU W» S/M M/M WM VU Ate aceapti* ottwr Mmicwi <mMH— af Maxkali
      295 words

  • Page 43 Advertisements
    • 663 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO' OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P. Kelang Singapore MURRAYEVERETT 19/21 Sept 22/23 Sept KARABIEVERETT** 25/2* Sept 27/21 Sept Ditch) Ditch) 08/01 Oct Loading) KAMALAEVERETT 14/16 Oct 17/11
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    • 587 43 w+tmmmiw* VSI jVOY SPOOt StHUWMjLAX KST lAV WYC fclfx" lowmd GT~ u/» m ikiiia MoT u/m am arm lan* ZM MCIKOKMC DM Oft IM HAIFA W* 101 «/ll Jfll UjU IW OSAKA fill Vfl im HAIFA Bit «U l/U «U MfU tin PIRAEUS list 14/1# ZIM HONCKON6 bill Mfll yu
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    • 620 43 Msing kwang hang WPHQ THAMSPOaTATIOai (FTI) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 15/9 18/9 I JENWEL 15 9 I— 16/9 VESSEL S PORE BANGKOK A VESSEL 18/9 19/9 A VESSEL 20/9 23,9 DESTINATIONS ETA SINGAPORE PORT KELANG 14 SEPT MANILA 15 SEPT HONG KONG, ALL CHINA PORTS
      620 words
    • 509 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VEBSEL VOY SIN JKT BBY PONTIAKAK* TANTO SEJATI 19 In Pt 15/09 OERAJAT 902 15/09 18/09 TANTO SEJATI 21 19/09 22/09 DERAJAT 903 22/09 25/09 TANTO UTAMA 105 15/09 18/09 TANTO UTAMA 107 22/09 25/09 TANTO UTAMA 109 29/09
      509 words
    • 440 43 *9 *99 sm FAI EAST 16/9 KEELUNG/KAOHSIUNG 15/9 BANGKOK 15/9 MANILA/CE6U 15/9 JAKARTA/BELAWAN/SURABAYA 14/9 PORT KELANG/PENANG/E. Malaysia 14/9 BUSAN 14/9 TOKYO/YOKO/KOBE/NGO/OSA 8/9 HONG KONG also accepting cargo to Huangpu'Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai m mom 15/9 LDN/FLX/LVP/SOU 15/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Potand/Bulgaria/Czec)). SIN USA/CANADA 15/9 LOS ANGELES/NEW YORK all
      440 words

  • Page 44 Advertisements
    • 327 44 "TST CB SHIPPING I f®) ft marine services NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CMTMH/LCL/MEMMIU WW "ANKE" SERVICE SPf LAE MISIMA P.O.M. T-VILLE V.1758 22/9 1/10 5/10 8/10 12/10 BUNKER SURCHARGE EFFECTIVE 1/9/90 tci] USO 25.50 B/BULK USD 2.50 LCL USO ISO SUBJECT REVIEW BOOKINGS ACCfFTB FOR EAST KAUMATAN Al wpWw
      327 words
    • 833 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B.M.T VI7CW9O 25/9/90 17/10/90 18/10/90 23/10/90 I.Y. V.17-90W 26/9/90 23/10/90 14/10/90 18/10/90 K.V.U. VIBCW9O 5/10/90 27/10/90 29/10/90 3/11/90 KM. VlB-90W 12/10/90 7/11/90 27/10/90 2/11/90 MB V.19CW90 15/10/90 16/11/90 18/11/90 13/11/90 ALSO ACCEPTING CARGO FOR UILANO LASPC2IA. PROVAOUO
      833 words
    • 392 44 JBF OcerhService B lcl/fcl service to/from QfJfr KL: allied-LINK &^j\ m0M***** *****8955 7TB #822(22 lines) WW Marina Ong Susan Mg/ChrWkw CWaw .Dolly MlrpurVMhar Yap m FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA my NORTWEEN NOVA MV SUNDERLAND ENDEAVOUR KOTA KINABALU ETA SPORE 3/9 ETD 3/9 FROM BRAZIL FROM ARGENTINA
      392 words
    • 290 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 15MB 13/9 VIGOUR PACIFIC 16KB 233 BANGKOK 16,9 23.3 BUSAN 18/9 26/9 HONGKONG 17/9 iB3 DURBAN 14/9 30/9 KEELUNG 163 233 PT. LOUIS 14/9 20/9 PT. KELAN6 14/9 213 KOBE 17/9 24/9 PIRAEUS 14/9 293 OSAKA 18/9 25/9 JAKARTA 14/9 18/9 SURABAYA 13/9 16/9
      290 words

  • Page 45 Miscellaneous
    • 431 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOlll 0000 0100 0200 0300 0400 0500 0(00 0700 0100 ******************** M ********************0 2000 2100 2200 2300 08 11 1.7 2.0 2.1 2.1 15 15 L 3 U LI 15 15 2.0 2.4 2.7 25 2.6 13 15 1.4 1.1 05 0.7
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  • Page 46 Advertisements
    • 404 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL JML SHIPPING CORP., KARACHI. /«ip 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 TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 15/8
      404 words
    • 696 46 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI EXPLORER 34E 15/09 20/09 08/10 10/10 13/10 12/10 HYUNDAI CHALLENGER 35W 14/08 17/08 19/08 06/09 16/09 HYUNDAI COMMANDER 20E 22/09 27/09
      696 words
    • 565 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) SPORE S TON HBUR6 B HAVEN DAM UN H#h«ki K*SUO I IM 7no 2,10 iio L'lo t/10 RotttnJjm to *"twp Amt*r4*n. Oik. Stockholm. tWtmki CITY OF EDINBURG 1M 410 WlO BAB Itmmklwvw :To Bt«ma CARDIGAN !A» 20fl IVW U/» 110 I*lo :to
      565 words