The Business Times, 14 September 1990

Microfilm: NL17107
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday September 14 1990 75*
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  • NEWS SUMMARY
    • Article
      Foreigners invest U$6.6b in Indonesia this year
      66 1 FOREIGN investment in Indonesia in the first eight months of this year reached US$6.6 billion, up from US$4.7 billion in the same period of 1989, the Investment Coordinating Board (BKPM) said. A spokesman said a better economic climate in Indonesia also pushed domestic
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    • Article
      Bus lares likely to rise
      21 1 BUS FARES are likely to go up for the first time in nine years. Page 2
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    • Article
      Dealer charged
      32 1 WONG Bark Hoe, a securities dealer who was charged on five counts of misappropriating nearly half a million dollars late last month, faced three more charges on Wednesday. Page 2
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    • Article
      Hun Sen snubbed
      36 1 CHINA, the United States and Britain turned down an invitation from Cambodia's Prime Minister Hun Sen for their ambassadors in Thailand to meet him yesterday in the Thai capital, diplomats said Page 7
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    • Article
      Painful measures
      34 1 THE PHILIPPINES will have to endure some "painful but necessary adjustments" to attain an already lower economic growth target of between 3.5 per cent and 3.8 per cent this year. Page 7
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    • Article
      US leads again
      36 1 THE United States regained its leadership in world trade last year with a bigger increase in its exports than any other major industrial country, the International Monetary Fund reported on Wednesday. Page 8
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    • Article
      Rebate for bunkers
      30 1 OR Hong Hai yesterday announced the Port of Singapore Authority (PSA) would give a rebate on annual port dues for new bunker tankers. Shipping Tunes Page 1
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    • Article
      Flights approved
      31 1 GREEN light has been given by the South Korean authorities for Korean upstart carrier Asiana Airlines to mount three weekly flights to Singapore from November. Shipping Times Piige 1
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  • MARKETS SUMMARY
    • Article
      Dow down
      54 1 NEW YORK stocks were trading weak in a narrow range early yesterday, with selling pressure edging out buying. Analysts said a lack of news from US Budget negotiations and the Gulf crisis kept investors' hands tied. The Dow 30 fell about eight to 2,618. Declines led advancers by
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    • Article
      Footsie down
      42 1 LONDON share prices were down slightly at midday yesterday as volume dropped back after a flurry the day before. At 1111 GMT, the broadbased Financial Times-Stock Exchange 100-share index was down 6.6 points at 2,135.7, the lowest of the day.
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    • Article
      Group narrows focus
      38 1 THE Lion Group of Malaysia, which was in the limelight recently because of its widespread diversification drive and proposed Msl4 billion steel project, intends to focus on three core areas for future growth Page 3
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    • Article
      Lower profit
      32 1 HONG LEONG Finance, Singapore's biggest finance company, has reported a group af-ter-tax profit of $15.3 million at half-time, down 6.4 per cent from the same period last year Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 635.08 -2.22 Kuala Lumpur ....543.27 -2.28 Hongkong 3,093.97 -11.07 Tokyo 25,075.08 -141.06 Sydney ....1495.7 -16.9 Wedfday Chaage New York 2625.74 +13.12 London J142.30 -2.00
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    • Article
      CURRENCIES
      22 1 Exchange rates USS S$ 1.7780 Yen S$ 1.2898 MS SS0.6593 Maoey maiket rites Overnight 5 1/2 1/4 3-montn 6 9/16% unch
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    • Article
      COMMODITIES
      35 1 London Cold PM fix US$382.20 US$0.15 S'pore Oct.... 157.25*/Vg +1.25 M'sia Oct 24l.00*/kg +0.50 KL Tin Turnover 56 tonnes +20 Spot M$15.24/kg +0.01 Crndt palm ofl Turnover 424 lots +124 Sept MS670 /tonne -2
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  • Article, Illustration
    Price of CFC warrants plunges to below $1,000
    436 1  -  By Genevieve Cua THE price of warrants for the ozone-depleting CFCs, the target of speculation by manufacturers, has plunged from its peak of $4,000 a tonne last year to a current value of below $1,000. The latest round of bidding for these
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  • Article
    Lock icon Iran denies any agreement to swap food, medicine for oil
    279 1 The Gulf crisis Agencies IRANIAN officials have denied any agreement to swap food and medicine for embargoed Iraqi oil, discounting fears of an Iran-Iraq alliance against the West. The Iranian denial was reported by the Teheran Times, which is close
    Agencies  -  279 words
  • Article
    Lock icon THAI cancels order for MD-11s
    144 1 AFP THAI Airways International (THAI) has cancelled an option for four McDonnell Douglas MD-ll passenger planes after the US-based manufacturer postponed delivery for another year. A THAI spokeswoman said yesterday that THAI's board of directors on Wednesday decided to termi- nate an option for purchasing
    AFP  -  144 words
  • Article
    Lock icon Indonesia reviews banking supervision after scandal
    300 1 Reuter INDONESIA is reviewing banking supervision after a major private bank scandal that has touched President Suharto. Bank Duta, one of the country's biggest private banks, made what the government called operational mistakes in foreign exchange trading. The board, including a senior Cabinet minister,
    Reuter  -  300 words
  • Article
    Talks mirror difficulties in world trade negotiations
    394 1  -  Apec Forum Fran Paul Gopal in OTTAWA THE 12-NATION Apec talks on finding common ground to give impetus to the global trade liberalisation negotiations drew to a sombre close in Vancouver on Wednesday. No details of concessions and offers by the 12 trade
    394 words
  • Article
    Lock icon KL chalks up balance of payments surplus
    179 1 Bernama MALAYSIA recorded a surplus of M 53,332 million in its overall balance of payments last year, reversing the 1988 deficit of MS 1,104 million, the Statistics Department reported yesterday. Releasing its revised figures of the balance of payments position, the department attributed
    Bernama  -  179 words
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      Page 1 Advertisements Column 1
      208 1 n| Wedding 'Package |Sg ■83 $220.00 nett per table FREE FLOW of stout, beer, soft drinks A etc. I (Min. 10 tables) j Hong Kong Dian Xin M| I No I Yuan Ching Road (above Jurong Bowl) f ]^in^^e226l^2M4sm2^^^^^m^ THE QUIET MAKING OF HISTORY 10 KEEPING THE APPLE CART BALANCED
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      184 1 Iraq bans distribution of food by world bodies, Pg 9 Bush records 8-minute message to Iraqis, Pg 9 Coul as an alternative energy source, Pg 28 '•Japanese lines worst hit, Shipping Times Pg 18 BU TED THOMAS, 61, has Vijay Menon is the money, clout and a life more "non-profit"
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      Page 1 Advertisements Column 3
      35 1 FlFl^lEel Quadruple Zoom* Auto TWo-Cokx. I «K*% 1 '.'?v -i Jfmßr kk -Wr+ f v Haley's Departmental Store Td: *****43 pfc J*" DFS Orchard CoSecttas Tel: *****00 ■#v 'i* .a; «ft•-!*>''H •JFi'-w «F *fe jR?-
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      3 1 Focas, Pft 1*
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Kedah secretory here on five-day visit
        78 2 THE STATE SECRETARY of Kedah, Dato Haji Mohamad Saad bin Endut, begins a five-day visit to Singapore today at the invitation of Dr Andrew Chew, head of Civil Service and permanent secretary (Public Service) of the Ministry of Finance. Dato Haji Mohamad Saad wilt
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      • Article
        Caltex, Esso raise LPG prices
        72 2 TWO MORE COMPANIES, Caltex and Esso, will raise the retail prices of their liquefied petroleum gas (LPG). The price changes are identical a 12.7 kg cylinder of Calgas, and Essogas will be $17.30, up from $15.40; the 50kg cylinder will cost $60.50, up from $53.00.
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      • Article
        Gohs host AIPO dinner
        54 2 FIRST DEPUTY PRIME MINISTER Goh Chok Tong and Mrs Goh last night hosted dinner for delegates of the 11th Asean Inter-Parliamentary Organisation general assembly at the Oriental Hotel. The four sub-committees of the assembly political, socio-economic, AIPO organisational matters, and dialogue with observer teams wrapped up
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      • Article
        The write stuff
        35 2 THE LITERARY ADVISORY COMMITTEE of the Ministry of Community Development has nominated Mr Rama Kannabiran, a writer who has published four collections of short stories, for the SEA Write Award this year.
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    • Article
      New oil exporters unlikely to satisfy Asia-Pac demand
      286 2 SEVERAL NEW oil producers and exporters, in particular those from Asean and Indochina, are set to make an impact on the Asia-Pacific market over the next few years. But eventually, countries in the region may have to rely on producers from outside
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    • Article, Illustration
      Increase in bus fares likely
      379 2  -  SBS applies for first fare rise in nine years By A J Leow BUS FARES are likely to go up for the first time in nine years. Faced with the prospect of losses from its bus operations for the latter part of the year, Singapore
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    • Article
      Tsang & Ong securities dealer faces three more charges
      327 2  - Tsang Ong securities dealer faces three more charges Bail set at half a million dollars Jy Magdalene Ng WONG BARK HOE, a securities dealer who was charged on five counts of misappropriating nearly half a million dollars late last month, faced three more charges on Wednesday. Wong, 35, a dealer's
      327 words
    • Article
      Local joint venture to build psychiatric hospital
      239 2  -  By Diana Oon A JOINT VENTURE between Lee Kim Tah and Woh Hup beat 10 other contractors, including foreign parties, to dinch the job of building a $167 million psychiatric hospital off Jaian Woodbridge. The new 2,500-bed hospital, to be built over the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      184 2 An inspiring lifestyle begins with d-SCAN f r» j erli Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office r ili«jCi with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of our "^rr» Renowned
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Lion group to focus on three core areas
      503 3  -  By William Chia THE LION GROUP of Malaysia, which was in the limelight recently because of its widespread diversification drive and proposed Msl4 billion steel project, intends to focus on three core areas for future growth. Lion Corp director Dr Lee Chee
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    • Article
      The Hour Glass proposes bonus and rights issues
      242 3 WATCH RETAILER The Hour Glass will later this month seek shareholder approval for bonus and rights issues which will increase its debt by more than three times to almost 70 per cent of capital and reserves. This will, however, be progressively reduced
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    • Article
      Two more DBS Bank directors
      149 3 DBS BANK has beefed up its board with the appointment of Yeo Seng Teck and Koh Boon Hwee as new directors. In a brief statement yesterday, the bank said Mr Yeo and Mr Koh were appointed directors with effect from Sep 6 and 7 respectively.
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    • Article
      Enctech gives DBS Land a regional foothold
      449 3  -  THE HOCK LOCK SIEW COLUMN By Lim Mui Khi DBS LAND'S recent agreement to buy the Enctech Engineering Group is no small transaction, even for a company that owns the $800-million Stanchart building. Enctech's building control system for mechanical and electrical services will
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    • Article
      Hong Leong Finance posts lower interim profit
      319 3  -  By Quak Hiang Whai HONG LEONG Finance, Singapore's biggest finance company, has reported a group after-tax profit of $15.3 million at half-time, down 6.4 per cent from the same period last year. This gives a group earnings per share of 7.51 cents for
      319 words
    • Article
      Acma shifts refrigerator assets to KL joint venture
      387 3 ACMA Ltd is hiving off and relocating its refrigerator and freezer assets to a joint venture company in Malaysia, in which it has acquired a 30 per cent stake. Acma is investing about M 5600,000 or M 54.00 per share for its
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    • COMPANY BRIEFS
      • Article
        Pacific Carriers takes a stake in Panamanian firm
        54 3 PACIFIC CARRIERS Limited will take up a 55-per-cent stake in Prosperar Compania SA of Panama through its wholly-owned subsidiary PCL S A. The Panamanian company will supply equipment to Indonesia's PT Karimun Granite for the transportation of granite to the tatter's mining
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      • Article
        CAF to raise paid-up capital
        79 3 RASHID HUSSAIN Bhd, Systex Corporation and PCMC Advisory Services (M) signed an agreement on Wednesday to set up a joint venture, CAF Information (M). The venture currently has a paid-up capital of M$2S,OOO which will be raised to Mss million. It will design, develop and
        79 words
      • Article
        Mulpha reports M$1.4m loss
        75 3 MULPHA International Trading Corp Bhd has announced a group pre»tax loss of M 51.49 million for the half-year ending June 30, an increase of 1,045 per cent from the loss of MS 130,000 in the same period last year, but says its directors expect a turnaround
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      • Article
        Promet also reports loss
        85 3 DESPITE an improved turnover, Promet Bhd posted a group pre-tax loss of M 51.94 million for the six months ended June 30, more than double the loss of M 5939,000 in the year-ago period. Promet said group results had shown a marginal improvement with better business
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      • Article
        Sime Darby unit to sell land
        76 3 SIME DARBY Bhd's wholly-owned subsidiary, Barat Estates Sdn Bhd, has agreed to sell its entire estate land to Prospell Enterprise Sdn Bhd for M 548.2 million in cash. The sale would generate cash which could be channelled towards alternative uses to provide potentially higher
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      • Article
        SES queries NatSteel and DBS
        43 3 THE Stock Exchange of Singapore has asked Nat Steel and DBS Bank for more details on the proposed transactions mentioned in a BT article, entitled "SPC going public soon, Nat Steel eyeing stake in it", on Sept 12.
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      • Article
        S'pore Aerospace's partners
        44 3 SINGAPORE Aerospace clarified yesterday that its partners in the joint venture company V-One are International Aircraft Services, Valsan Partnership, Christiana Bank and Global Avionics. Singapore Aerospace had in earlier reports wrongly named Bank Brussels Lambert Aviation as one of the partners.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Thai Airways orders five BAe 146s for US$100m
        95 4 BRITISH AEROSPACE pic said Thai Airways International has ordered five BAe 146 aircraft for delivery starting in May 1991 in a deal worth more than US$lOO million. A BAe spokesman said in London that the BAe 146 Series 300 aircraft would be
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      • Article
        Upgrading at Tasmanian mill
        101 4 AUSTRALIAN Newsprint Mills Ltd, jointly owned by News Corp Ltd and Fletcher Challenge Ltd, announced a As 66 million upgrading of its Boyer Mill in southern Tasmania. ANM said the 15-month project would be funded internally. Work starts immediately. The rebuilding of the mill's 40-year-old No.
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      • Article
        Bid to attract French to NZ
        106 4 AIR NEW ZEALAND Ltd has signed a marketing agreement with Paris-based Europe Air Promotion to boost French tourism to New Zealand, the airline said in a statement in Wellington. The deal is aimed at expanding Air New Zealand bookings out of France and promoting
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      • Article
        BMW Japan sales up 20pc
        129 4 BMW Japan Corp, the Japanese unit of Bayerische Motoren Werke AG, estimated its car sales at 34,000 in calendar 1990, up 20 per cent from a year earlier, Hans-Peter Sonnenborn, the president of BMW Japan, said at a press preview of the newly launched luxury
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      • Article
        FAI Insurances profit hit
        102 4 FAI Insurances Ltd said in Sydney that its general insurance operations incurred an underwriting loss of A 572.31 million in the year to June 30 because of a string of natural disasters in Australia. "The year was one of the worst ever experienced by the general
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    • Article, Illustration
      Thailand reverses decision to waive withholding tax
      411 4 THE Thai government has reversed its decision to waive the withholding tax on interest on overseas loans for funding the Skytrain project, reports the Business Post. The change of heart, only one day after the Council of Economic Ministers agreed to award the
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    • Article
      US presses Chatichai over Caltex refinery
      393 4 THE UNITED STATES has stepped up efforts to pressure the Thai government into allowing Caltex Oil of Thailand to build a refinery on its preferred site, insisting that the issue should be based on fair trade, reports The Nation. This latest round of lobbying
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    • Article
      Lock icon BIL targets NZ$400m net profit
      374 4 Reuter BRIERLEY Investments Ltd is targeting a NZ$4OO million net profit for the June 1990 year and is raising provisions to combat an increasingly volatile investment climate, chief executive Paul Collins said. New Zealand's largest investment company issues its annual results on Sep 27 and
      Reuter  -  374 words
    • Article
      American hotel chain plans to set up Thai network
      276 4 ONE of the world's largest hotel franchise groups, Choice International, is preparing to establish a network of hotels under its franchise in Thailand at a time when independent Thai hotel operators are struggling against international competition, The Nation has reported. Choice
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Trump prepares swap offer for Taj Mahal bondholders
      407 5 NYT THE TRUMP Organisation; is preparing to offer bondholders of its Taj Mahal casino an initial proposal for a debt-for-equity swap that would allow Donald Trump to meet a bond payment due in November, people familiar with the talks said. Mr Trump
      NYT  -  407 words
    • Article
      Lock icon Campeau to face US$700m suit
      349 5 NYT A SUIT seeking at least US$7OO million will be filed by Oct 9 by the bondholders* committee of Allied Stores against Campeau, its United States subsidiary, Federated Stores, and two banks charging "fraudulent conveyance" of funds under various US state laws, according to a
      NYT  -  349 words
    • Article
      Lock icon Talks between GM and union stall
      243 5 Reuter WITH less than one day to go before contracts expire, talks between the United Auto Workers union and General Motors Corp appear to be bogging down over the critical issue of job security. Worries in Detroit have been compounded by indications that the
      Reuter  -  243 words
    • COMPANY BRIEFS
      • Article
        Rolls-Royce signs training accord with China
        63 5 ROLLS-ROYCE pic said it has signed an agreement with the Civil Aviation Administration of of China to cooperate in a joint training programme. An official signing ceremony was held in London on Wednesday. Under the arrangement, Chinese aviation instructors will travel to London to
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      • Article
        Renault-Skoda tie-up likely
        93 5 FRANCE'S Regie Nationale des Usines Renault is discussing cooperation with Czechoslovakia's AZNP Mlada Boleslav, better known for its brand name Skoda, said Renault's partner AB Volvo in Stockholm on Wednesday. "Renault is interested in some sort of cooperation with Skoda. It could be a wide ranging cooperation
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      • Article
        Court upholds drug policy
        66 5 HARRAH's Hotels and Casinos said a Nevada judge had upheld the firm's substance abuse policy under which employees can be fired. The company quoted Judge David Gamble as saying that the policy is "valid, reasonable, fair and lawful... and not violative of any constitutionally protected right".
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      • Article
        SAS could go into the red
        84 5 SCANDINAVIAN Airlines System said it could be in the red in 1992 or 1993 unless it cut costs substantially. The company said in Oslo last Friday that it will reduce costs by about five per cent or one billion crowns in 1991. "The first
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      • Article
        BP opens office in Moscow
        51 5 BRITISH Petroleum formally opened its new representative office in Moscow on Wednesday. David Simon, deputy chairman and chief operating officer of BP, said in London that the office had been set up to identify business opportunities for the company's main businesses exploration, oil, chemicals and
        51 words
      • Article
        Amgold announces rights issue
        60 5 AMGOLD, the investment company in the Anglo-American stable, announced a 500-million-rand rights issue in Johannesburg yesterday in order to "take advantage of attractive investment opportunities". The directors of the company, which has gold interests in South Africa, South America, Australia and the Far East, said the
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      193 5 :S v f' f ITS ELECTRIC. 1V- > mm 9HHfK k takes a ftacbon over 12 seconds for the XJ-S Vl2 Convenibte to bring back d the joys of open (Op mouxif. And m maouutkdiy M stow the betted glass rear window neady our of sight. the open road I
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Deficit expected to hit US$5 trillion
        63 6 THE hon-partisan General Accounting Office, underscoring the seriousness of the US government's tendency to spend more than it takes in, reported that by 1995 the federal debt will, US$5 trillion. That projection is in line with similar projections made by the non-partisan Congressional Budget
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      • Article
        Swiss Bank will not back notes
        70 6 SWISS'Bank Corp has dropped plans to guarantee US$5O million of the city of Philadelphia's proposed US$375 million short-term note issue. A bank spokeswoman in New York said Swiss Bank's understanding with the city had been subject .to certain conditions. "Upon completion of the bank's
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      • Article
        Fed approves credit freeze
        81 6 THE Federal Reserve approved technical changes to home equity loans that would allow lenders to continue freezing lines Of credit when a maximum interest-rate level, known as a cafc is reached. It adopted the revised rule in response to a suit brought last year by the
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      • Article
        Soviet presence at meeting
        83 6 THE World Bank confirmed that the Soviet Union would be sending a delegation of 15 persons to the annual meeting of the Bank and International Monetary Fund as "special invitees." Bank director of external affairs Alex Shakow said that the delegation would be allowed to attend
        83 words
    • Article
      Weaker US$ will widen Thai trade deficit
      527 6 A 12 PER CENT appreciation of the baht against the dollar compared to the average exchange rate for last year is expected to widen by 2 billion baht this year's deficit in trade in goods and services, the Thai central bank governor said.
      527 words
    • Article
      More reinsurers set up base here
      499 6  -  By Abdul Hadhi MORE EUROPEAN reinsurance companies are setting up base in Singapore, reflecting the Republic's ambition to be a major centre in Asia for offshore reinsurance business. The number of reinsurers admitted by the Monetary Authority of Singapore so far this year is
      499 words
    • Article, Illustration
      Lock icon Delors confident monetary union will regain momentum
      329 6 Reuter EUROPEAN Commission president Jacques Delors said he was confident EC leaders would overrule hesitant finance ministers who failed to agree on a timetable for monetary union last weekend. In a speech to the European parliament, Mr Delors attacked what he called "a
      Reuter  -  329 words
    • Article
      Cosmic, Insurite team up to offer insurance for exhibitions
      267 6  -  By David Gabriel THE COSMIC Insurance Corporation has teamed up with local insurance broker, Insurite Pte Ltd, to launch and market a new conventions and exhibition insurance package. The new scheme, branded as Meganet, has been designed to meet the many
      267 words
  • Page 6 Advertisements
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      43 6 NATIONAL UNIVERSITY OF SINGAPORE Public Lecture by Mwirafrownwwigiww Lee Kuan Yew Distinguished Visitor Topic Moving Genes: Promises Kept and Pending Venue: Lecture Theatre 27, Kent Ridge Campus Date Friday. 14 September 1990 Time 6.00 pm n (/fSEk Admission free. All are welcome. H
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon China, US, UK officials refuse to meet Hun Sen
      375 7 AFP CHINA, the United States and Britain turned down an invitation from Cambodia's Prime Minister Hun Sen for their ambassadors in Thailand to meet him yesterday in the Thai capital, diplomats said. Mr Hun Sen, the leader of a government installed
      AFP  -  375 words
    • Article
      Lock icon Jakarta urges factions to avoid armed conflict
      223 7 AFP INDONESIAN Foreign Minister Ali Alatas has urged warring Cambodian factions to avoid renewed armed clashes that could endanger ongoing international peace efforts for the South-east Asian state. "We need to get the Cambodian parties to agree on a voluntary self-restraint or a
      AFP  -  223 words
    • Article
      Lock icon Thailand raises domestic oil prices
      294 7 AFP THE THAI government has increased domestic retail prices for petrol, diesel fuel, LPG and kerosene, but industrialists have said that the slight adjustment would not deter economic growth. The Cabinet on Wednesday approved proposals by the Oil Price Adjustment Supervising Committee (OPASQ chaired by
      AFP  -  294 words
    • Article
      Lock icon Painful measures needed for growth: Manila official
      287 7 AFP THE PHILIPPINES will have to endure some "painful but necessary adjustments" to attain an already lower economic growth target of between 3.S per cent and 3.8 per cent this year. A presidential palace statement yesterday said Economic Planning Secretary Cayetano Paderanga advised
      AFP  -  287 words
    • Article
      Lock icon Philippine rebels ready for new peace talks
      224 7 AFP PHILIPPINE communist rebels yesterday said they were ready to enter into fresh peace talks with the government but demanded an agenda and called for a wider national dialogue on the country's problems. A spokesman for President Corazon Aquino welcomed the declaration from
      AFP  -  224 words
    • NOTE BOOK
      • Article
        India and Vietnam sign trade agreement
        86 7 INDIA and Vietnam signed a trade pact on Wednesday in Hanoi, the official Vietnamese News Agency (VNA) said- Under the agreement, Vietnam will export agricultural and mining products to India, while importing farming machinery, insecticides and electrical equipment. After signing the., agreement, Indian Trade
        86 words
      • Article
        Taiwan-East Bloc trade booms
        70 7 TRADE between Taiwan and Eastern Europe totalled U*****.2 million in the first eight months of this year, a 40 per cent rise over the same period of 1989, the Board of Foreign Trade said yesterday. Exports to the nine countries of Eastern Europe in the January-August
        70 words
      • Article
        Prejudice against immigrants
        67 7 AUSTRALIAN EMPLOYERS are discriminating against skilled immigrants from non-English speaking an official report said yesterday. A total of 479 immigrants were asked how they fared in having their overseas professional, technical or academic qualifications recognised"People qualified in English-speaking countries were twice as likely to be assessed favourably
        67 words
      • Article
        Call for united Asean stand
        99 7 MALAYSIA yesterday reiterated the need for a firm coUec- v; tive stand among Asean members to counter attempts tjy certain groups in the International Labour Organisation (ILO) to link trade agreements with requirements to observe ILO's human rights conventions. Human Resource* Secretary-General Nik Mohamed Am
        99 words
      • Article
        Manila absorbs more aid
        61 7 THE PHILIPPINES tapped 82 per cent of available foreign aid in the first semester of 1990, improving its absorptive capacity ahead of a new pledging session of donors. The National Economic and Development Authority yesterday said in a report that the country used US$2.5 billion out
        61 words
      • Article
        Disinterested NZ voters
        80 7 WIDESPREAD APATHY in New Zealand's Oct 27 general elections appears to be giving way to broad farce. About 38 per cent of the country's eligible voters are not on the electoral rolls, according to official estimates, and a survey shows that most of them want it to
        80 words
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      205 7 NUTMEGS 41.1//—' yi a I THE CHEFS AT NUTMEGS are now grilling, The classic cuisines of France, Japan, C/»«rf >>{ j. j baking and thermidoring lobster at a price that's and Mexico have been combined in the most surprising are 7, j jfr/ quite simply music to the ears. ways,
      205 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Soviet-German post-unification treaty
        65 8 THE SOVIET UNION and West Germany initialled a treaty yesterday setting out their relationship after German reunification next month. Soviet Foreign Minister Eduard Shevardnadze and his West German counterpart Hans-Dietrich Genscher initialled the document, which included the mutual renunciation of force, recognition of European borders and a
        65 words
      • Article
        Japan may limit car exports
        53 8 JAPAN is likely to limit car exports to the European Community for five years after the unification of Europe in 1992. A secret draft between Japan and the EC showed they had agreed to a five-year grace period before the European market is totally liberalised
        53 words
      • Article
        Brazil falls back on payments
        78 8 BRAZIL, after missing interest payments on its massive foreign debt for 14 months, will not make a US$l.3 billion instalment due to commercial banks this weekend. The Third World's biggest debtor would fail to make the payment on medium and long-term loans by Saturday. Brazil
        78 words
      • Article
        Look who's importing petrol
        67 8 THE SOVIET UNION has started importing petrol for the first time since World War 11. Technical problems, labour troubles and lack of cash are plaguing the Soviet oil sector, one of the world's largest. Traders say it is normal for Soviet petrol exports to be cut
        67 words
      • Article
        Liberalising bit by bit
        85 8 THE BRAZILIAN GOVERNMENT said on Wednesday it would open its computer market to imports, ending a controversial policy adopted in 1984 to protect its fledgling computer industry that had prompted US trade retaliation. The law, which bars foreign companies from importing a wide range of computer
        85 words
      • Article
        Polish president to skip trip
        101 8 PRESIDENT WOJCIECH JARUZELSKI has dropped plans fot an official visit to the US next month in an indication that he may resign soon amid mounting pressure to make way for more rapid political change in Poland. Presidential spokesman Wlodzimierz Lozinski, who last month announced the
        101 words
    • Article
      Lock icon US has regained world trade leadership: IMF
      422 8 AP THE United States regained its leadership in world trade last year with a bigger increase in its exports than any other major industrial country, the International Monetary Fund reported on Wednesday. But it may not hold on to the place long against
      AP  -  422 words
    • Article, Illustration
      Lock icon IMF loan pledges rise sharply
      324 8 Reuter THE International Monetary Fund (IMF) said on Wednesday that it pledged last year to lend developing countries about US$l5.5 billion, more than twice the amount promised in 1988 and the largest level in seven years. The sharp rise was partly due to what IMF
      Reuter  -  324 words
    • Article
      Lock icon Gorbachev seeks approval for radical plan
      290 8 AP PRESIDENT Mikhail Gorbachev said on Wednesday a radical plan for converting the Soviet Union to a market economy had been submitted simultaneously to the national and republican parliaments. Mr Gorbachev, saying the entire country should be involved in this "difficult choice", was for
      AP  -  290 words
    • Article
      Lock icon Chinese govt loans causing concern
      189 8 Reuter GOVERNMENT lending in China will soar in the second half of 1990, throwing state spending out of synch with revenue and forcing a rash of price rises, Chinese economists have said. Lending in the second half of this year would account for at least
      Reuter  -  189 words
    • Article
      Lock icon Iraq bans distribution of food by world bodies
      287 9 AFP IRAQ yesterday refused to allow international organisations to distribute food to hundreds of thousands of foreign workers stranded in Iraq and Iraqi-occupied Kuwait. Allowing international organisations to distribute the food is "not only humiliating but demoralising for the population", Iraq's Ambassador
      AFP  -  287 words
    • Article
      Lock icon Debts hanging over US-UN relationship
      366 9 NYT AT A TIME when President Bush is using the United Nations as the anchor for international sanctions against Iraq, the US finds itself in the somewhat embarrassing position of being in substantial debt to the organisation. The president, who on Tuesday night said "we're
      NYT  -  366 words
    • Article, Illustration
      Lock icon Bush records 8-minute message to Iraqi people
      424 9 The Gulf Crisis AP PRESIDENT George Bush on Wednesday taped a "very forthright" message to the Iraqi people, explaining in eight minutes his reasons for the US military buildup in the Gulf, aides said. Mr Bush stood in front of his desk in
      AP; AP picture  -  424 words
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      149 8 Ifyou're a Royal First Class or Royal Executive Class passenger in transit at Thai's Royal Executive Class lounge in Bangkok, you 11 find that whiling the time away becomes so much more pleasant. Here you can relax in total comfort, in the spacious surroundings and soothing atmosphere. Not to mention
      149 words
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      79 9 mssm CARPET I|E 11 AUCTION MM rVMy I 100 pieces exclusively selected carpets, from a range of about 1000 genuine, fine and old oriental carpets and rugs. At: Hyatt Regency, Singapore Magnolia Room 3rd Floor (via escalator) Viewing time: 10:00 am to 12:30 pm Auction time: 1:30 pm sharp Auctioneers
      79 words
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      Page 9 Advertisements Column 2
      104 9 Rjlo ||f Ralph Lauren j&gßreffPfr J»%2r Bmi jj II«m» i;. JPM» o^nr^BnKi 4 JI|ML i II i jf w \J g(|||g|iuu|^ gg| |k DICKSON MARKETING PTE LTD A Member of (fw DICKSON Goxp o< Compjrues 024 07 Orchard Towers, Singapore 0923 Tel *****22 (12 Lines) Boutiques: #01-02, The Promenade, Tel.
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  • Article
    Little strength in numbers
    482 10 EDITORIAL M 1 inance companies have traditionally been the main lenders to home and car buyers. These two businesses account for nearly half of their combined total loans. With the entry of the commercial banks -in the 1980s, however, the finance companies had their market share
    482 words
  • WHAT THE OTHERS SAY
    • Article
      Tackling road bullies
      245 10 ROAD hooligans are adding a new dimension of on to Singapore roads. It seems that it is no lopger enough to follow the highway code; now one has to abide by mysterious rules set and enforced at "whim by the bullies. Nor is it enough to survive
      245 words
    • Article
      Hassle-free haj
      142 10 "CHE Singapore Islamic Religious Council (Muis) has taken bold steps to ensure hassle-free arrange- ments for next year's pilgrimage season. Under the new system, there is no need to initially register y#ith haj convenors. Instead, pilgrims register with the Council through the various appointed mosques. Also, the various
      142 words
    • Article
      Staying the course
      134 10 THE most important task at hand is for the four Cambodian factions and their backers to reconvene the Paris peace conference. This is to enable the Supreme National Council to become a truly representative interim government. And before a government is elected, the council can represent Cambodia
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      No rosy future yet
      168 10 THE Jakarta agreement on Cambodia was widely welcomed as a major breakthrough. This was in- -deed a heartening development and a crucial step towards ending the 11-year conflict in the war-torn 3 'country. But, there is still a long arduous road -ahead and much will be
      168 words
    • Article
      Slow, but steady, progress
      147 10 THE historic meeting between the prime ministers of North and South Korea in Seoul last week can be regarded as a success since it helped promote mutual understanding, even though it also illuminated the hard realities and depth of North-South confrontation. Viewed against the rapid movement
      147 words
    • Article
      Declining order
      195 10 THE fire-bomb murders of six people in a Hunghom mahjong parlour early on Tuesday is an outrage that the people of Hongkong, and its administrators, cannot tolerate. The spectre of declining order has rarely been more evident than in the past few weeks. There was also another shooting
      195 words
  • Article, Illustration
    Lock icon The quiet making of history
    1144 10 The treaty signed this week to reunify the two Germanys was probably the first modern peace treaty that took pains to leave no winners or losers NYT FOR an event of such historic dimensions, the signing on Wednesday of the final settlement between the Germans
    NYT  -  1,144 words
  • Page 10 Advertisements
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      35 10 FEATURES The single girl's guide to Saturday night Men and housework A guide to finding your future husband Are you sabotaging your own success? 10 things about dating an expat BIH SEPTEMBER ISSUE OUT NOW!
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      Page 10 Advertisements Column 2
      143 10 9 jow H-vjHHHHb «JV HHHHHHHH Tempting Teppanyaki, sumptuous Sukiyaki and KOI Shabu-Shabu... HM|jfl It's all sizzling at the Senbazuru Put the best of Teppanyaki and U.S. favourites like H Mississippi Catfish and New York Cheese Cake and you ■HHHjpjHH have the makings of a taste sensation at the Senbazuru Ki|ftilftlßl|lH
      143 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      71 10 POONESBURY by GARRY TRUDEAU j PRETTY GR/M RATIONS, EH? NOT THAT A FEW SCORPIONS KperjALLY UM RIGHT M HEY. OF COURSE, THIS ISA FEAST U/OUVN7 HAVE TASTED FfiETTY ANY/XA H MNDIFI COM FAREDTOTHEFARE I 6OCOPURIN6THE CIVIL UIARtN ME&ICAN JOIN YOU f PINEP ON DURING THE SEVEN- ANGOLA! AH, MElt, NO
      71 words
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  • ANALYSIS
    • Article
      Will peace be given a fighting chance?
      761 11  -  Tim Luard examines the threat posed by the Khmer Rouge to the agreement reached in Jakarta Tim Luard Tim Luard is with the BBC'* Far Eastern Senke. SINCE the 1960s when it became a victim of the war between the neighbouring Vietnamese and
      761 words
    • Article, Illustration
      Keeping the apple cart balanced
      2606 11  -  While the world's attention is focused on the Iraqi invasion of Kuwait, changes in East-West relations remain far more fundamental to international relations. In this article, written especially for BT before the Gulf crisis, Leslie Wayper, Fellow of Fitzwilliam College, Cambridge, takes a grand view
      2,606 words
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      43 11 Gustavsbeijg SHOWROOM IS NOW WEN Top Selling SWutaryware From Sweden Tra pNITOk WSS-Water Saving System. I I Ml ;;3 'i' V l» j Ik *Sflk 1 S M A <*■ j wI |WS IBsH J §68 6711 Fax'; Wold) Monday Sataqfag am 530 gp***T
      43 words
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      246 12 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. C 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
      246 words
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      Page 12 Advertisements Column 2
      317 12 ASRUKUNG PURMxnors APPEARS TONIGHT ABOVE scons ru\d CANC BAH With its spectacular glass frontage. the Canopy Bar (is the ideal place to tee the stars It's also newest and most cuius) ve rendezvous The Canopy Bar. upstairs at the Hyatt CATCH A CLASS\ ACT CALLED COVER-UP AT THE NEW-LOOK JADE
      317 words
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      Page 12 Advertisements Column 3
      306 12 Have Poolside "BBQ Buffet" Under the Stars'. Mi Now, besides our weekend steamboat buffet is the new "all-you-can-eat" Barbeque BuS f"—~i BBQ Buffet' Adult: $15++ Child: 59++ J* Steamboat Buffet* "TOQuC/ Adult: $1250++ Child: $B++ I So head for Sky Garden Poolside where you get more than your fair share
      306 words
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      Page 12 Advertisements Column 4
      369 12 J"PERFORMED DAILY AT THE PINE COURT Amidst Imperial splendour. our chefs wWR stage their highly-acclaimed performance k3B /■if of legendary Beijing cuisine to the satis- IJf i i (action of demanding cHnersTo guarantee 'y/ fv your place amongst the discerning, make f \1 y°° r reservations early. tun v" Ift
      369 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      498 12 TELEVISION AND RADIO K f* cop<n} :->%>•: «-20 Friday Background (See Our 4.00 Agricultural Cen»r. BUSINESS ON RAWO in JAl* 1/1 I IDI* j DPUI4 Choice). 4.30 It Taka. A TMaf. IV II II IV II Id 730 PM Profile* iii p 9.00 News at Mm. 5.25 6a*kf (Cartoon). BSC,
      498 words
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  • LIFESTYLE
    • Article, Illustration
      A boost for local artists
      685 13  -  Paul Ramani finds out more about the winning entries in this year's IBM Art Award competition and what the judges thought of them Paul Ramani FOR Tang Mun Kit, 35, being retrenched from his job as a mechanical engineer in 198S could have been a
      685 words
    • Article
      Kasparov limbers up at Martha's Vineyard
      496 13 CHATTERBOX PREPARING to defend his title in New York on October 7, the World Chess Champion, Gary Kasparov, has renounced Moscow for an isolated house overlooking the ocean on Martha's Vineyard. He is there with his wife, his mother and four trainers. His day
      496 words
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      326 13 -<-AND ENTERTAIN Yamagata Beef. The Exquisite Taste Of Japan. LUNCH U NOON .J. toiupw. ft i omol kxm to 'JKEzy4BHjM mlispm. SKOAL TEFfANYAJU Bk SET LUNCH MOJO PW poison Now you can enjoy one of the world's finest beef at the Yamagata Beef Promotion in Unkai Japanese Restaurant. Only from
      326 words
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      Page 13 Advertisements Column 2
      205 13 SINGAPORE'S RESTAURANTS -*ree©«nrtQ)N*-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. I At Tunk-ka, it's more than a matter of taste! k
      205 words
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      Page 13 Advertisements Column 3
      162 13 r TRADITIONAL CANTONESE CUISINE H BEST HONG KONG c DIAN XIN IN TOWN I China China Restaurant 1 Marina Bay Golf a Country Club k V J2 6 Marina Green Singapore ®ioi. For Reservations Please Call *****11. Chinese cuisine, best of Thai. 1 Over 120 mouthwatering specialitiesand an array of
      162 words
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  • SPORTS 1
    • SIDE LINES
      • Article
        Muster topples in Swede surrender
        76 14 SWEDEN'S Tomas Nydahl eliminated top-seed Thomas Muster of Austria 2-6, 6-4, 6-4 cm Wednesday in a second round upset at the US$3OO,OOO Bordeaux men's tournament. In the quarterfinals, Nydahl feces eighth-seeded Ronald Agenor of Haiti, who downed Tank Benhabiles of France 4-6, 6-3, 6-2. Fourth-seeded
        76 words
      • Article
        Seeded players squash comers
        88 14 SEEDED PLAYERS had it easy in the first round of the US$5O,OOO Pakistan Squash Open. Pakistan's Jahangir Khan, the No 1 seed, took only 38 minutes to dispose of Colin Keith of Scotland, 9-6, 9-5, 9-2 as he set out on his quest for a record
        88 words
      • Article
        Day of Germans and Soviets
        92 14 WEST GERMANY'S champion womens* team and men from the Soviet Union trounced their opponents on Wednesday in the World Youth Cup tennis tournament Anke Huber, 16, of Munich, won 6-1, 6-1 against Katerina Kroupova to lead West Germany in a 3-0 win over last year's
        92 words
      • Article
        Another black in another club
        92 14 A HOUSTON GOLF CLUB that will be the host next month for the richest event on this year's PGA tour is about to get its first blade member, club officials say. An application from Henry King, is being processed at Champions Golf Club. Champions Golf
        92 words
      • Article
        Essex's day of jinx
        100 14 ENGLISH COUNTY Championship rivals Essex and Middlesex suffered a day of frustration in their search for crucial points on the opening day of their penultimate matches on Wednesday. Graham Good), the Essex captain, experienced his unhappiest day of a memorable summer as he sent in Kent
        100 words
      • Article
        Lightning strikes golfers
        49 14 TEN WOMEN GOLFERS were hospitalised yesterday after being knocked to the ground by a bolt of lightning. Nineteen women were affected by the force of the lightning, which struck about 0100 GMT during a 36-hole competition at the Belmont Club course in Newcastle, north of Sydney.
        49 words
    • Article, Illustration
      Lock icon Beckenbauer will stay on
      423 14 AP FRANZ BECKENBAUER says he will stay at CMympique Marseille longer than two years if the French soccer club does not win the European Champions' Cup by 1992. **If two years are not enough to make Marseille European champion, than I will stay a little longer
      AP  -  423 words
    • Article
      Lock icon Lineker gives new England boss winning start
      338 14 AFP GARY LINEKER rewarded new England manager Graham Taylor for giving him the captaincy by scoring the only goal in a 1-0 victory over Hungary in a friendly international in London on Wednesday night. The Tottenham forward got Taylor's reign off to the
      AFP  -  338 words
    • Article
      Tommy Ho to join Chang here
      257 14  -  ■r Cassandra How THE Australian Sports Marketing, organisers of the Volvo Supertennis Challenge, announced yesterday that the fourth player to be confirmed is Tommy Ho, one of America's top juniors. The Challenge will be held at the Indoor Stadium on Sept 29. At 17,
      257 words
    • Article, Illustration
      Lock icon Calcavecchia puts it close
      334 15 AP MARK CALCAVECCHIA hopes a putting tip from Mike Donald could provide him with "a little taste of winning" before the golf tour winds down for the year. Cafcavecchia, in a slump most of the summer, sees a chance to win this week in the Canadian
      AP  -  334 words
    • Article, Illustration
      Lock icon Seeking more than gold
      381 15 AP THE FIRST major sports event in China, the Beijing Asian Games, will open on Sep 22 with or without Iraq and other Middle Eastern nations but carrying all the clutter and baggage accompanying modern sport at its most commercial. Japan, the last purist in Asian
      AP  -  381 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      126 14 "V i I f---.il 1 j S, i V 1 V\# > How Hewlett-Packard's customer support... was inspired by Alexander Bell. t HBelL Tlie innovator who At Hewlett-Packard, we too share the same visionary insight in customer creme professionals committed to breakthrough results. your needs before, during and after you
      126 words
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      195 15 FamirxcwkiS J t M. $mm ft §«< .w .r-J V Sunday, September 16,1990. Grand Ballroom Hilton International Singapore 100 Hand-knotted Persian, Village, Tribal and Workshop pieces. Viewing: 10am 1pm Auction Sale: 1.30pm 5pm V y/x, All lots are guaranteed and backed by a full trade in value at our showroom.
      195 words
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      Page 15 Advertisements Column 2
      356 15 .1 m "S2H2"" IS THE COMBINA- 5 UNIQUE BENEFITS FORM X TION OF TWO RADICAL THE "S2H2" m COMBINATION*£ only where the same as The effective mass (power) of the "S2H2" striking area is increased by at least 1 10%-without reducing clubhead 1 vL# MM. y Tk •"S2H2" metal woods
      356 words
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      1679 16 BT Special Advertising Feature Paradise Pursued The garden OF EDEN may be gone, and Kublai Khan's Xanadu was only a pleasure dome that existed in thc'poet's mind. But paradise will soon be just 30 miautes from Singapore. On the north-east tip of Batam island, on a lush 300hectare site fringing
      1,679 words
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      166 17 11 l» t nm'.'illl *V t. BE'< ft t ji 1 H: It is our desire to provide a challenging facility which will encourage the golfer to strive to improve his own game while enjoying the benefits of the beauty of the course. Larry Nelson m it ft V* 2
      166 words
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  • FOCUS
    • Article, Illustration
      Lock icon Setting an example for the world
      774 18  -  What has the Apec forum achieved? What are the unresolved issues? Paul Gopal sums up Paul Gopal THE THREE days of discussions among trade ministers and officials of the 12 Asia Pacific Economic Cooperation (Apec) nations proved to be a testing ground for the
      Reuter picture  -  774 words
    • Article
      A chasm that needs urgent bridging
      493 18 A SEAN's stand on Trade in Services was presented to the Apec conference in Vancouver on Wednesday by Singapore's Brigadier-General Lee Hsien Loong. He noted that Gatt's Negotiating Group on Services (GNS) had tried to bring trade in services under the ambit of Gatt
      493 words
  • Page 18 Advertisements
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      1032 18 Continental Bank Corporation And Subsidiaries Including Continental Bank, N.A. 1 231 South La Salle Street, Chicago Illinois ***** I Consolidated Balance Sheet Consolidated Statement of Operations I P«9fTtiy 31 (I 'n NIWS) 1989 1988 Year ended December 31 m millions! 1989 1968, Assets Inlei est Revenue I Cash and non-interest-beanng
      1,032 words
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      Page 18 Advertisements Column 2
      26 18 Sy Sfke menu |y| @t| Ample Parking at the carpark behind SBS ■rrl our restaurant (next to Capitol Theatre). Vjj 55 HILL ST. (Opp. U.S. Embassy)
      26 words
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      166 19 tm TljlF jyi PROMENADE UNASHAMEDLY t f fr t m l. mi m m A. JBfc y|c _^j^BBfc3HP& s JHA|M A\ Jl^X For some of us, many of life's luxuries have quietly evolved into life's simple necessities. And we'd like to share this experience by inviting you to The Promenade
      166 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Profit-taking sends market lower
      4414 20  -  By Quak Hiang Whai SHARE prices on the Singapore stock market dosed slightly lower yesterday in directionless trade following an easier finish in Tokyo and some profit-tak-ing on mainly Malaysian oounters. Japanese stocks had ended lower after a day of turbulent trading because of the expiry
      4,414 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4229 21 Main Board UCH 250 +27 +12.1% Singmannc 50" 392 +24 +6.3% DBS Foreign 1050 +10 +1.0% FELS 5C 660 +10 +1.5% OUE 645 +10 +1.6% Inno-Pacific 115 +10 +9.5% Tib* 50* (500) 147 +7 +5.0% FELS Wl 282 +6 +2.2% NatSted 700 +5 +0.7% Isetan
    4,229 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      72 22 M-A m-A .,-1-.. MVv w®B Nwl Wwl VivM mm t» pntt/lm (L) Mr tk*ri iWiwi ('•00) (M«t») J Cenant Sep 10 Mar 90 $1,771(11.0191) 5 0<—) 2.5(0.5) MnHMp Aug 31 Mar 90 $1,085($1.129) 5.4(5.6) 6(6) MUI Aug 31 Dac 89 M$20,413(|19.771) 3.7a(3.6a) 3.1a(3.1a) Bmri Aug 30 Mar 90
      72 words
    • Article
      PRELIMINARY RESULTS
      156 22 Cwapaay Date Year finappn-tu N«t Mrategs 6tms mm to praflt/toM (L) par than 4M4aa4 CMO) (caste) FN In Sep 12 Jm 90 A$31.642($95,950) 80(27.1) 90(90) Kamyan Sep 5 May 90 M$l.505($5,224) 0.7(2.2) 1.5(1.5) CoM Storage Sap 4 Jm 90 $41,302($31,149) 18.6(9.8) 10.7(2.9) Com Plant Sap 1 Jim 90
      156 words
    • Article
      INTERIM RESULTS
      430 22 Cit—y Date HaM-yat 6rwp prt-tai l«toctoi mm to priflt/Wu (L) **><>■< COOO) Grand Central S«p 12 Am 90 »,323(52,898) Jurong Eng S«p 12 Jun 90 II,374(11,633) Ifenf Court Sep 12 Jun 90 13.485(11.598) -<-) Tibs Sep 12 Jun 90 83.573(15.282) Esso Sep 11 Jun 90 *$71,280 ($43,261) 20(20)
      430 words
    • Article
      CORPORATE DEVELOPMENTS
      344 22 Sep 12 Amcel Haidhp Lid called off its SBBm bond with warrants issue as a result of the Gulf crisis. Cycle and Carriage formed a 70-30 )oint venture company with Mazda Motors of New Zealand to retail Mazda vehicles m the country. Renong Bhd shareholders approved its takeover
      344 words
    • Article
      DIVIDENDS ANNOUNCED
      924 22 Cwrwrt Ex Backs Date Tatal tar Tatal lar Hywt data dot payaMa the yaar laatyaar Mn HHP 6* Aug 28 Sep 7 Sep 26 6% 6% MSB 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sap 21 Oct 5 Nn 1 10% 73%(a) Ma* 7.5%TE(I)
      924 words
    • Article
      RESULTS DUE
      361 22 Singapore Stocks LMtF4Y«r Cow NM Dale Tmt NatEW Sr« JJM M TW CTW) Lmn( M Mm fttar 30 Obc 89 5351(1) EMI Mm* Apr 26 W 90 9.3(a) 2.371(a) 4,747 FM Mm Jm 23 Sap 90 356 110 S2JB M Mm Ami 11 Ok 90 4J 10-0 9,110
      361 words
    • Article
      APPROVED ISSUES
      406 22 Company Rights hw» KM* Ua (U) Offer* tor sale by or on beha* of Utd Enjneen (M) Bhd of 25.2m starts by way of i nghts offer to enteted shareholders of KX on the bus of toar-tor-ow 0 MJ1.25 each Ex-dafec U 20 Books dost: Aag 3 Acceptece
      406 words
    • Article
      BONDS, LOANS & WARRANTS
      618 22 BONDS, LOANS WARRANTS 5c Wt Betora 26/4/93 1 —rat ptoi >349 a*. C——y 1— r ii n M 2/10/V9 to 20/10/94 1 Mfiwt ptoi SI ctoi or 1 mm* ptoi >1 —1 mam* tt toa otod Ctoai Hf Itotoo at Hp rn Mw* 87 to 31/12/91 155 —iab ptoi >L56
      618 words
    • Article
      PROPOSED ISSUES
      468 22 Company Rights Issue One tor two MSI 00 per share Issue ot 40m Cumutatne Redeemable Preference Shares of MS010 each at per share wth 10m detachable fSR One-tor tour e M$2 00 per share Cawewar Caprtal reduction scheme to reduce P* value of shares from $1.00 to S0.G0;
      468 words
    • Article
      COMPANY MEETINGS
      196 22 Neunfra HMfs Ltd: AGM at 11 Colyer Quay, #12-01 The Arcade, Singapore 0104 on Friday, Sep 14, at 12 noon. FM Capital Carpn Ltd; EGM at 24 RafHes Place, #21-05 Cfifford Centre, Singapore 0104 on Friday, Sep 14, at 2pm. Landmaria BM; EGM at Parkroyai X, Parkroyal Kuala
      196 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      403 22 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BOCOTRA CONTRACTORS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FMAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 306 of the Companies Act, Cap. 50, that a Final Meeting of the Members of the
      403 words
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      Page 22 Advertisements Column 2
      370 22 APV RHEEM ENGINEERING PRIVATE LIMITED (In Members' Voluntary Liquidation) NOTICE OP FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap. 50 the Final Meeting of the Company will be held on the 15th day of October 1990 at 11.15 am at 26 Benoi
      370 words
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      Page 22 Advertisements Column 3
      107 22 IN THE MATTER OF THE COMPANIES ACT, CAP. SO, AND IN THE MATTER Of OILTOOLS (SINGAPORE) SALES PTE LTD (IN CREDITORS' VOLUNTARY LIQUIDATION) NOTICE TO CREDITORS OF INTENTION TO DECLARE DIVIDEND NOTICE IS HEREBY GIVEN, that the first and final dividend is intended to be declared on the above matter.
      107 words
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      Page 22 Advertisements Column 4
      7 22 IN THE MARKET Every Thursday... ADVERTISING MARKETING
      7 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Weaker Tokyo market softens prices
      3696 23 SHARE PRICES closed easier yesterday on profit-taking. The market mainly moved sideways with most counters closing either with losses or unchanged, a dealer said. Brokers said sentiment was affected by an easier trend on the Tokyo bourse. Investors were cautious and turned to the sidelines
      3,696 words
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      264 23 NIKE SINGAPORE PTE LTD, a newly established wholly owned H H subsidiary of NIKE, Inc. (USA), and the exclusive Distributor of H NIKE products in Singapore and Malaysia, seeks to fill the H following vacancies.- H Will be responsible for financial management of the Company, H supervise the Accounts Manager,
      264 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower on futures expiry day
      2232 24 Reuter TOKYO stocks ended lower after a day of turbulent trading due to the expiry of September futures and options contracts. Brokers said many investors were sidelined, while professional traders tried to square futures-linked positions in moderate turnover. 'The day was like a
      Reuter  -  2,232 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Comatose market sinks lower
      2400 24 Reuter HONGKONG stocks finished lower at the close in quiet trade yesterday, brokers said. "This market is comatose," said Barry Yates, international research director at First Pacific Securities. "Activity may pick up later next week as we approach the end of the third quarter," he said.
      Reuter  -  2,400 words
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  • REGIONAL STOCK MARKETS
    • Taipei shares rise in a sluggish market
      • Article
        AUSTRALIA
        887 25 AUSTRALIAN shares closed lower on a general lack of buying interest yesterday, brokers said. "The market never really looked like it was going to get off the ground after Iran's Ayatollah Ali Khamenei attacked the US over its military presence in the Gfilf," said a senior broker. "We were
        887 words
      • Article
        MANILA
        506 25 PHILIPPINE shares closed narrowly mixed yesterday as traders tested the market for new directions after it breached the year's low on Wednesday, brokers said. Sellers met bargain-hunters but caution doused wild price fluctuations, they said. The Manila Stock Exchange composite index finished 1.19 points firmer at 671.43 points. "The
        506 words
      • Article
        TAIPEI
        311 25 TAIWAN shares gained but trade was sluggish in a calm market, dealers said. The weighted index rose 85.39 points, or 2.49 per cent, to finish at 3,520.11 compared with Wednesday's 3,434.72 finish. Turnover was 522.5 billion against 20.7 billion. Taipei NTS All Sincere Indus 11.00 +0.2 Asia Cement 57.50
        311 words
      • Article
        BANGKOK
        678 25 BANGKOK share prices ended lower yesterday for the fourth consecutive session as investors braced themselves for slower economic growth on the increase of domestic retail prices for oil products, brokers said. The SET Index fell 11.37 points to close at 793.09 in 1.7 billion baht turnover. Declines led advances
        678 words
      • Article
        BOMBAY
        125 25 RECENT share gains came to an abrupt end on Wednesday with prices dropping after a broker was declared a defaulter by the Bombay Stock Exchange (BSE), brokers said. The BSE index slumped 35.57 points to 1,286.25 and the national index 10.95 to 666.65. "Brokers have been taking risks to
        125 words
      • Article
        WELLINGTON
        306 25 LEADING New Zealand shares ended sharply lower yesterday after an after- noon of thin volumes in which buying interest disappeared. The fall surprised brokers, given a modest morning rise in Tokyo share prices. They believe the domestic market could fall further on Friday, as most leading stocks closed around
        306 words
      • Article
        SEOUL
        809 25 SEOUL stocks fell in lethargic trading yesterday as the index fluctuated in a narrow band on intervention by the stock market stabilisation fund, brokers said. The Composite Index closed at 608.04, down 2.84 points from the previous session. Turnover was 81.3 billion won compared with 59 billion at Wednesday's
        809 words
      • Article
        JAKARTA
        516 25 PRICES on the Jakarta stock exchange ended mixed yesterday, with the Jardine Fleming index easing 2.21 points to 123.61. Chemical company Intan Wijaya dominated the regular market with 500,500 shares traded, closing 100 rupiah higher at 6,700. Trading was active in cigarette stocks Sampoerna and Gudang Garam (GG), with
        516 words
      • Article
        INDICES & TURNOVER
        86 25 INDICES TURNOVER Close Preview Sep 13 SYDNEY All Ordinaries Index 1495.7 1512.6 -16.9 All Industrials Index 2228.3 2253.2 -24.9 All Resources Index 925.0 935.6 -10.6 Turnover (million) NA 68.48 BANGKOK SET Index 793.09 804.46 -11.37 Turnover (nearest *000) NA NA JAKARTA Composite Index NA NA Turnover (nearest "000) NA NA
        86 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        353 25 la local i LVTCACy la S$ la US$ day year day year day year Sep 12 Index change change change rhaagr change World 372.6 I.I -19.8 1.8 -22.4 -1.7 -16.7 fEAFE 507.1 1.3 -25.6 2.8 •26.0 2.6 -20.6 Europe 392.6 0.5 -12.9 1.4 -9.8 -1.3
        353 words
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  • WORLD STOCK MARKETS
    • Wall Street firms despite uncertainty
      • Article, Illustration
        NEW YORK
        1260 26 WALL STREET stocks closed higher on Wednesday, but analysts said the market still showed no clear direction, torn between the Gulf crisis and possible progress on the federal budget gap. The Dow Jones industrial average closed up 13.12 at 2,625.74. Traders said the market received some strength from
        1,260 words
      • Article
        PARIS
        203 26 FRENCH share prices opened marginally higher yesterday but dealers said the market was nervous and triggerhappy in anticipation of news from the Gulf. The CAC-40 index started at 1,662.28, up 14.19 points on Wednesday night's close and then slipped slightly in early trade. "The market is over-sensitive to news
        203 words
      • Article
        AMSTERDAM
        301 26 DUTCH shares were mixed in quiet morning trading yesterday as (Amsterdam ignored the 13-point rise in Wall Street's Dow Jones index on Wednesday, dealers said. At 0950 GMT the CBS all-share trend index was 0.1 point lower at 104.4. "It's very quiet and there is no news to stimulate
        301 words
      • Article
        JOHANNESBURG
        352 26 THE Johannesburg stock market was drifting in very quiet and directionless trading at midday yesterday amid a continued lack of any stimulus. Continued concern about the Middle East Gulf crisis and the persistent vio- lence in South Africa's black townships were an added factor inhibiting investor enthusiasm, dealers said.
        352 words
      • Article
        BRUSSELS
        132 26 BELGIAN shares opened mixed yesterday in light trading as the market remained unsettled by an Iranian religious leader's comment that the fight against the US in the Gulf counted as holy war. The news, which heightened tension in the Gulf, aided Belgian oil company Petrofina and defence firm FN
        132 words
      • Article
        ZURICH
        244 26 SWISS shares traded quietly easier at midsession yesterday as the situation around the Gulf, hish Swiss interest rates and uncertainties about future economic development in the US weighed on the market. The all-share SPI index fell 4.7 points to 1,002.6 while the SMI index of leading shares eased 4.2
        244 words
      • Article
        TORONTO
        182 26 TORONTO stocks closed unchanged on Wednesday after gains prompted by US President Bush's speech on Tuesday vanished on renewed uneasiness over the Middle East and the US Budget, dealers said. "Wait-and-see pretty well sums it up here," analyst Ivar Liepins said. The composite index slipped 0.52 to 3,271.72 on
        182 words
      • Article, Illustration
        LONDON
        747 26 SHARE prices on the London Stock Exchange closed lower on Wednesday after Iran's spiritual leader, Ayatollah Ali Khamenei, called the Gulf conflict a holy war against the United States. The Financial Times-Stock Exhange 100-share index closed down 2.0 points, or 0.9 per cent, at 2,142.3, about its low for
        747 words
      • Article
        FRANKFURT
        386 26 PRICES of West German shares hesitantly clambered up from levels seen in Wednesday's post-bourse trade in thin early business yesterday, but were still well below Wednesday's official bourse finish. Trade was cautious after Wednesday's post-bourse nosedive on strong Iranian criticism of US policy in the Gulf. "I can't tell
        386 words
      • Article
        Untitled
        118 26 Milan Sep 12 Lire Ass Gen ***** +340 Bastogi 252.25 -2.75 Fa* 6680 45 Finsider susp IfiPriv ***** +80 Italcementi Old ***** 205 I taigas. 2827.00 +11 Magneti M Pf. 1093 -22 Mediobanca ***** unch Miralanza. Mondadori Priv susp Montedison 1369 -22 Olivetti Ord 4165 +9 Olivetti Priv 3175 unch
        118 words
      • Article
        INDICES & TURNOVER
        89 26 INDICES TURNOVER NEW YORK Close Sep 12 Prrrtoas Dow Jones NYSE Financial SAP 500 Turnover (million) 2625.74 123.43 ***** 129 89 *****2 +13.12 123.34 +0.09 321.04 +1.50 113.22 +16.67 LONDON Financial Times 30 FTSE 100 Turnover (million) 1643.30 2142.30 434.7 1651.00 -7.70 2144.30 -2.00 338.8 +95.5 AMSTERDAM CBS General 184.50
        89 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends easier on heavy selling against the yen
      1260 27 FOREX MARKET REPORTS THE US dollar yesterday closed easier against major currencies in Tokyo, pressured by heavy sales against the yen by institutional investors during the morning session. "Sales of both the US dollar and European currencies against the yen by
      1,260 words
    • Article
      INTERBANK FOREX RATES
      385 27 Cms rates Sep 13 n uss SS MS Dm Yen SFr AS NZS 1.7810 ***** 1.5900 137.40 0.5388 1.3280 1.2225 1.6103 ss 0.5615 1.5132 0.8928 0.7715 0.3025 0.7456 0.6864 0.9042 MS 0t37ll 66.09 0.5900 0.5098 0.1999 0.4928 0.4536 0.5975 Dm 0.6289 1.1201 1.6950 86.42 0.3389 0.8352 0.7689
      385 words
    • Article
      MONEY MARKET
      556 27 Interbank rates St Bid Offer Overnight 5 1/2 5 3/4 1-month 6 7/16 6 9/16 2-month 6 1/2 6 5/8 3-month 6 9/16 6 11/16 Overnight mode 6-3/16 US$ Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/8 8 1/4 2 months 8 1/16 8
      556 words
    • Article
      FINANCIAL FUTURES
      1546 27 S1MEX EMMBOLLM Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.94 9L95 9L92 9L93 H65 1 383 1 2352 Dec 90 92.08 92.08 92.06 9107 S6I8 ***** ***** Mar 91 92.05 9105 9103 92.04 1100 8437 3232 Jun 91 91.87 91.888 91.86 91.07 196 1890 511
      1,546 words
  • Page 27 Advertisements
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  • COMMODITIES
  • Article
    PRICES
    1287 28 Rubber sg>i3 IMIWhWw) SccntWt Noon Clot Int I RSSPrompt I56.2VIS7.25N 156.7VI57.75N lot I RSS Oct 90 156.75/157.75 157.2VIS7.75N Int I RSS Nov 157.25/154.25 I57.7V158.25N Int 2 RSS OP 151.25/153.25N I5I.7VI53.75N Int 3 RSS OP I46.7V148.75N I47.2VI49.25N lot 4 RSS OP I42.7V144.75N 143.2V145.25N Int 5 RSS OP I38.2VI40.2SN I38.7V140.7SN ■M
    1,287 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      767 28 NOTICES —mnsmTTwe* THE COMP AMES ACT, CM>JI M THE MATTER OF TMMRTKAOMQPTELTD In ft i<iii r*inmi| >»i NOTICES HEREBY GVEN total Ml Extraordawry Gnnl Meeflng and a Creators' Mooting of tw +mm —4 Company convened and held M 36 Ramon Road, 10Ml C* Hourn, SingaporsOlo>onloSaplee6erl99o tie Mowing raooiutions mm duly
      767 words
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      Page 28 Advertisements Column 2
      724 28 IN THE MATTER OF THE COMPANIES ACT CAP. 50 UMMARBE PRIVATE) LMTB) (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of UMMARINE (PWVATE) UMTTED duly convened and held at 20 Maxwell Road #03-15 Maxwell House. Singapore 0106 on the 11 day of September 1990, the following Special
      724 words
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      Page 28 Advertisements Column 3
      15 28 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1039 29 n** ETA Fltfrt CIO I at* W ETA n*t CIO Math* GA976 SR187 GA890 GA970 0010 1955 2240 2255 MH605 SQ105 SQ107 SQ109 1020 1050 1306 1405 SQ106 SQ108 MH641 SQUO 1045 1145 1315 1445 MaWia SQ225 2215 MH646 MH607 1525 1550 SQ112 MH631 MH643 1545
      1,039 words
    • Article, Illustration
      Canada's Victorian by the sea
      695 29  -  LETTER FROM NEWFOUNDLAND By] Lawrence O'Toole Windswept Signal Hill, which overlooks the milelong placid oval of the St John's harbour in Newfoundland, was the perfect place for Guglielmo Marconi to await, in 1901, the first wireless signal from Europe. Its green and red sandstone cliffs,
      695 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3m vesterdav: Local dollars to oae nit of fNvi|i uaitacy Currencies Bid Offer Australian dollar 1.450 1.470 Canadian dollar 1.5130 1.5330 NZ dollar 1.096 1.1260 Seeding pound 3.2940 3.3140 US dollar 1.7750 1.7850 Local dollars to 100 Mks of foreign aim-no Austrian schilling 15.60 16.60
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      101 29 Duration Title Venue Organiser Td Duration Tittc Venue Opuuaer W Sep 7-17 International Switzerland Scbwiai Matter 61/686.20.20 Sep 24-30 Internal innal nalpria Foire 1/*****146 Fair MuMermesse Technical Fair Internationale Sep 15-11 International Pans Senaine 1/*****569 Oe PVminr Lc-bef Week Iww 00 1 Sep 25-29 International Austria Weiner
      101 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      40 29 I^nl5ON I he |utn>mi .h > lui^.tn. hiir>iij» YHuriln in.) Nirit.n IvU 1 < Mrport i! 2.MS bnur> mil .urivini: it f' llhr.'w c.r 1 the It'ili'*in>'r:'ut^. A I i K K r li < > I- V i; I. > II A 11; AirCanada
      40 words
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      Page 29 Advertisements Column 2
      27 29 JUST HHI HH H just no punches pulled JUST easy reading JUST authoritative JUS* Jeff Low... OT on as n '9^ ma^ iJKESii between Sinqapore and Malaysia
      27 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      165 29 10 Property among the finest fi—^ protection used to write "Reserve" (7) 38 on y the 5 down (7) 24 Sculptor making cane popbeginning (7) gging n t h e wrong might ular (5) rtrtMiii render one sourer (9) 16 Taking note, phone about YESTERDAY'S SOLUTION 1 Round about a
      165 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      209 29 Singapore Outlook: Showers over a few vets in the afternoon. Report Max temp. 32.3"C Assoc humidity 66% Min temp. 24.5"C Assoc humidity 97% Hrs of sunshine 8.40 Rainfall in mm Nil Rainfall this mth 85.9 Rainy days this mth 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/07 Fair Bangkok 34/25
      209 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      36 29 TRIOR ICMBLV GOM£S*TOVJS/ U)ONT BC\ Fißir^-V ujMiLg. Tne mcu> TtrnP is 2^^'' V c!® f OP VFOR ft C TW our<*J DeilSis H€Als«€ comes i^ow.... V \-©i— rZ 1 e IVCMMO STANOAMO CO. LTD, IM3-KM <■ T'^i
      36 words
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  • Article, Illustration
    Lock icon Taiwan to open stock market to foreign institutions
    358 30 Reuter TAIWAN will this year allow some foreign institutional investors to enter the island's stock market, Taiwanese Finance Minister Wang Chien-shien said, promising the market would never be speculative again. "We have to increase the number of institutional investors in the Taiwan
    Reuter  -  358 words
  • Article
    Lock icon China to back candidates for HK elections
    232 30 AFP CHINA plans to back candidates it finds "friendly" for Hongkong's elections next year, including the British colony's first direct election to the legislature, Beijing officials said yesterday. Officials at the New China News Agency's Hongkong branch, Beijing's de facto consulate in the
    AFP  -  232 words
  • Article
    Lock icon Bank Negara urges higher savings rates
    390 30 Reuter MALAYSIA'S central bank will not bow to pressure to raise the base lending rate (BLR) further unless banks first increase savings rates by at least half a percentage point, the governor of Bank Negara said. Bank Negara raised the official lending "ceiling" by
    Reuter  -  390 words
  • Article
    UK-based group plans to take over Sunshine
    400 30  -  GCIH offers to pay $4.50 a share H Amy Balan AFTER several false starts, the long-awaited takeover offer for Sunshine Allied Investments Ltd has materialised. Merchant bank SIMBL, on behalf of UK-based food group Grand Central Investment Holdings (GCIH) pic, yesterday gave notice
    400 words
  • Article
    Lock icon Crackdown on illegal stock trade
    139 30 AFP AUTHORITIES in Shenzhen, China's largest special economic zone, are cracking down on the rampant trading of illegal shares on the stock exchange, a newspaper reported in Hongkong yesterday. Some firms in the zone bordering Hongkong, responding to increasing demand for shares on the Shenzhen
    AFP  -  139 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      200 30 Baume Mercier GENEVE 1830 A.T. Kearney is pleased to announce the opening of its regional office in Singapore. Founded in 1926, A.T. Kearney is one of the top management consulting firms worldwide, with an international network of 33 offices in North America, Europe, the Middle East and Japan. A.T. Kearney
      200 words
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      Page 30 Advertisements Column 2
      356 30 Baume Mercier GENEVE 1830 I A wealth of valuable advice THfH IG^^KTSI for the serious business person fOMt so ammon-semiad VIA Hi to k* unorAodax comJLctmj vowsetfmi guidtng yomr company to prosperity, ipfcik personal IwLwcf W integrity m the process Keen insights in to y^T hum <mJ bow to develop
      356 words
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  • Shipping Times
    • Article
      Rebate on port dues for new bunker tankers
      386 31  -  SIBCON '90 _?y Rahita Elias GOOD NEWS for Singapore's bunkering industry. Incentives will soon be introduced to help modernise the local bunkering fleet. Dr Hong Hai yesterday announced the Port of Singapore Authority (PSA) would give a rebate on annual port dues
      386 words
    • Article, Illustration
      Singapore port faces new challengers
      268 31  -  By Rahita Elias MORE competitors could be coming up in the Far East to challenge Singapore's supremacy as a bunker port. Mr Ismail Osman, managing director of Bomin Bunker, said Japan, South Korea, Indonesia and Thailand are gearing up their refineries. With surplus refining capacity
      268 words
    • Article
      Shippers may need to pay $20m more in fees yearly
      269 31  -  By Dexter Lee SHIPPERS in Singapore may have to fork out some $20 million more a year if ship, ping agencies charge more for documentation services on Oct 1. On Wednesday, BT reported that the Singapore National Shipping Association (SNSA)
      269 words
    • Article
      Lock icon China not opposed to new HK airport: official
      332 31 AFP A SENIOR Chinese official has for the first time said Beijing has no objections to a new airport project for Hongkong, press reports in Hongkong said yesterday. But the official, Ji Pengfei, head of China's Hong Kong and Macau affairs office,
      AFP  -  332 words
    • Article
      US body penalises NOL
      165 31 SINGAPORE'S Neptune Orient Lines and eight other companies have been slapped with US$2O.5 million in penalties by the US Federal Maritime Commission for allegedly unfair pricing. James J Carey, the commission's acting chairman, said the penalty settlement against trans-Pacific shipping firms is by far the largest
      165 words
    • Article
      Lock icon Report on Johor airport
      44 31 Bernama THE JOHOR government will submit to the federal transport ministry the final report on the proposed expansion of the Sultan Ismail Airport in Senai in about a month from now, Mentri Besar Tan Sri Haji Muhyiddin Yassin said. Bernama
      Bernama  -  44 words
    • Article
      Deal with recurrent problems, urges EAC official
      209 31 SINGAPORE'S bunker industry was yesterday urged to tackle recurrent problems to prevent them from growing too fast, too soon. Mr Hans Kristoffersen, East Asiatic Co's manager, bunker and lube oil department, said EAC company records showed it had "proportionally more quantity disputes in
      209 words
    • Article
      Seoul's Asiana allowed to make three weekly flights to S'pore
      480 31  -  B* Genevieve Cua GREEN LIGHT has been given by the South Korean authorities for Korean upstart carrier Asiana Airlines to mount three weekly flights to Singapore from November. Singapore Airlines, which now flies six times weekly to Seoul, will in
      480 words
    • NEWS SUMMARY
      • Article
        Strong world air traffic growth in July
        57 31 AIR TRAFFIC growth remained strong through July throughout the world, according to the Association of European Airlines, which pointed out that it was likely to be the last "normal" month this year. In July, the association said, for the third consecutive month, total
        57 words
      • Article
        Charting new waters
        39 31 NEW MARKETS, changed groupings and up-and-coming competitors feature broadly in the second of a two-part series on the Far East-Europe trade, which looks at how shipping lines are facing up to the rough years. Page 2
        39 words
      • Article
        Japanes lines to suffer most from crisis
        27 31 JAPAN'S major shipping lines are likely to suffer considerably from higher oil prices due to the Gulf crisis Back Page
        27 words
      • Article
        Nippon develops powerful system
        33 31 JAPAN'S Nippon Telegraph and Telephone Corp has developed a new communications system more than 400 times as powerful as its existing integrated services digital network (ISDN) system Back Page
        33 words
      • Article
        Global airphone service from US firms
        24 31 AIRLINE passengers will soon be able to make telephone calls while flying anywhere in the world. Back Page
        24 words
    • LOG BOOK
      • Article
        NYK and Astra plan distribution venture
        92 32 ■NIPPON Yusen Kit plans to build a distribution centre in Indonesia with Indonesia's PT Astra International, a spokesman for the Japanese shipping company said. Negotiations are underway with the Indonesian firm, which makes trucks and passenger cars and holds shares in 180 firms in
        92 words
      • Article
        Van Ommeren denies talks
        86 32 TRANSPORT, storage and trading group Van Ommeren -£eteco NV (VC>Q said it was not in talks to sell any of its 'businesses despite stockmarket rumours and a boardroom disagreement. "There are no talks taking places on the sale of either the tank storage or trading division,"
        86 words
      • Article
        NZ port workers call new strike
        82 32 NEW ZEALAND'S Harbour Workers Union has called a national strike from Sep 26 to Oct 4, only hours after ending a two-day stoppage which paralysed ports. Union National Secretary Ross Wilson said strike notices had been sent to employers at all 15 ports around
        82 words
      • Article
        Second Chinese-Soviet rail link
        93 32 CHINESE and Soviet officials tightened the last bolt on Wednesday on a railway line spanning the border in remote western China, the official Xinhua News Agency reported. Xinhua said the new 460-km link will enable passengers to ride by rail from the eastern Chinese port of
        93 words
      • Article
        AMR chief paints bleak picture
        73 32 AMR CORP chairman Robert Crandall is painting a bleak picture of the prospects for his airline company and the industry in general, saying escalating costs and weak US domestic demand are undermining profits. AMR, the parent of industry leader American Airlines, will have poor second-half
        73 words
      • Article
        Soviet harbour to close for repairs
        83 32 < THE oil harbour of the Soviet Baltic Sea port of Ventspils is to be closed later this month for repairs, a Finnish shipping line spokesman said. A spokesman for Oy Saimaa Lines Ltd said Soviet oil officials had said the Latvian port's crude
        83 words
    • Article, Illustration
      Lock icon Charting new waters
      1358 32 New markets, changed groupings and up-and-coming competitors feature broadly in the second of a two-part series on the Far EastEurope trade, which looks at how shipping lines are facing up to the rough years Containerisation International SHIPPING LINES right across the spectrum realise that there is simply
      Containerisation International  -  1,358 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      505 32 Carbon Carben Sep 10 DemftyWater Residue Mi Uimnt DinrtjWater Mtm fa* ttwMbw Se«wont %m7M (r,v/w Exxon KG/M*3% V/V t M/M M/M PPM method KG/1T3* V/V M/M M/M PPM metW BO/Cknc tadts Spec E25 9911.0 15.0 0.10 30* 0.10* Spec G35 9911.0 18.0 0.15 30* 0.10* Eastern
      505 words
    • Article
      THE SHIPPING GUIDE
      12264 40 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
      12,264 words
    • Article
      AT CONVENTIONAL WHARVES
      550 47 tant to Ik M ktM Departn VmM Way lb Bar* Arrival Depart** Nappd WW irm Armada Satya 84 P3E 1109/1900 15.09/0600 Arrow Kmc 2913 K18 alongside 13.09/1300 1 Asean-Trader 4 P4B 13.09/1700 14.09/0630 BayswatvllS ****** K31 atongade 13.09/1400 Asean- Trader 4 P2A 14.09/0630 14.09/1500 Chohi Daiyunstian 19CB
      550 words
    • Article
      CONTAINER SCHEDULE
      1117 47 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CAR60 bc«d Boottn/Biwct Mb 94, toy Mo Ett>/B* P«W Frwi To Fnw <r» (ten 3A 16/1100 3 14/0700 14/1159 14/1400 to 4 14/1200 14/1459 14/1700 n- 58« 15/2300 2 13/1700 14/0659 14/0900 585 4 14/1200 14/1459 14/1700 te Rnnass 350 14/1700
      1,117 words
    • Article
      IN MALAYSIAN PORTS
      350 47 Part Klaag Soulh Pert on Sep 13: Start Birchwood berth 1; Start Sceptre berth 2; Km Madura berth 3; Seng Soon Chew berth 4; Pernas Safn berth 7; Hung Lee 4 berth 7A; Dew, Sn berth Jetty She! KCT: Anson berth 8; Perkasa berth 8; Ned Rotterdam
      350 words
    • Article
      DAILY FREIGHTS
      1080 47 CHARTERING on the dry cargo freight market on Wednesday featured active grain fixing, mainly from the US Gulf, but there was still no business on the key index routes, brokers said. The Baltic Freight Index was again unchanged at 1,191 and has not moved since Monday. Among grain
      1,080 words
    • Article, Illustration
      Lock icon Japanese lines to suffer most from oil price surge
      501 48 The Gulf Crisis Reuter JAPAN'S major shipping lines, which only recently began to recover from years of stagnation, are likely to suffer considerably from higher oil prices due to the Gulf crisis, shipping analysts say. The companies are generally expected to
      Reuter  -  501 words
    • Article
      Lock icon Nippon Telegraph develops new telecom system
      163 48 AFP JAPAN'S Nippon Telegraph and Telephone Corp (N i l said on Tuesday it had developed a new communications system more than 400 times as powerful as its existing integrated services digital network (ISDN) system. The experimental broadband network, which Nippon Telegraph claimed was
      AFP  -  163 words
    • Article
      Yards set to offer new tanker design
      347 48 FIVE of Europe's largest shipbuilders are set to offer a new type of double hull crude oil tanker to customers from 1991 onwards. The yards are HDW and Bremer Vulkan of West Germany, Chant iers de L'Atlantique of France, Fincantieri of Italy and
      347 words
    • Article
      Lock icon Global airphone service from two US companies
      147 48 Reuter AIRLINE passengers will ate the phone service starting soon be able to make tele- in mid-1991. phone calls while flying any- No other company offers where in the world, two such a service globally, American companies said on Comsat's Patricia Whalen Wednesday.
      Reuter  -  147 words
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      Page 31 Advertisements Column 1
      248 31 SSWK HHK METAL CO PIE LID 13, TUAS Ave U. 23H TfLtX :M SHMCrt. TEL: Ml 9*SS(»I»M) TRIfU 111 »4 MIiOWTN* cTTm """"""mewwA IKNIM j CcflMMf snd BIA utiifMM WlMmh Trvdv IMMI C*rmrm i>n P*M Truek* anmsH ocsion mmovation a oerman quality mmmm Conbrar SdwMt 17 My Fretfte 17 Ma
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      253 32 NOTICE FAR EASTERN FREIGHT CONFERENCE Notice to Shippers Transport Additionals Operational Surcharges Further to the announcement of 10 September, having studied the additions being made to feeder costs, the Conference Lines would inform the trade that the following operational surcharges will come into effect on 20 September 1990:Port/Area US$ Addition
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      23 32 If you're planning for an exciting career move, The Straits Times APPOMTMBfTS ie juet the place to start looking for that perfect position.
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      1887 33 1 M| JARO4NE SHIPPING A«NCI«S %11 If# 200 CactoonM tad #12-05 Sou<ipo.nt, Support 0201 Cliffy T* *****11 TELEX NO RS ***** f 111 1 TERMINAI/CFS T«l *****18 220 WP ******1 bookings t«i *****34 235 L V??# .J PESAKA JAR DINE SHIPPING AGENCIES SON. WO PORT KELAN6 TEL 36MUI TELLX PENANG
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      Page 33 Advertisements Column 2
      1228 33 INDEX TOMWjKTISERS i -1 *Bs£S? .5 ncrtin 'J ,j sh co, 1 77! VT* Mercury Line 12 2 Adkns Business 16 3 a a AJbatros Sea-Air 14 5 Mendelssohn 4«3 Alfred C Toepfer 15 5 Men® Horn* Shp* 15 2 AhrenJrid Liner 16 4 MOL 18 1/2 APC Line 14
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      Page 33 Advertisements Column 3
      2227 33 'jm VMMI Vo* ETA ETD 'Port f>«nang Singapor* M*, DESTINATIONS V Th» ml Mam M Ciemtng TIM* frnMi by ogoo HRB M Fane 4 era aoo t«s m th« oak lob hou mem ail ima cmb bal pml tree mom ron MABIT M SOOS IM 1M "5d IH ft/10 MO
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      1147 34 M M H I H| I H H| I H B T fl H f-' w ROTTERDAM/ VOY NO S'PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE > gScS«~ D sr ,0M ssi! sT .sis sis „T,. SIS TOKID EXFWSS 96/514 23/9 10/10 13/10 15/10 I; BREMEN EXPRESS 98/515
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      Page 34 Advertisements Column 2
      504 34 m, 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 Alto accepting Cargo to Callao (Psru) via Valpa Agents: SINGAPORE: *****56 VS. JAYA:
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      Page 34 Advertisements Column 3
      1505 34 E3 mam am REGULAR mOCPENOENT FULL COMTAMER SERVICE WESTBOUND FOR EUROPE VSUVOY SIN ALG BCL FEL ROT ANT HAM ME LHA (VIA (VIA (VIA AU3 ROT) HAM) NORTH SEA 028W 14/09 02/10 Ob 10 10/10 12/10 15/10 14/10 16/10 17/10 N. SINGA 829-3 21/09 12 10 14/10 17/10 19/10 22/10
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      1566 35 SgStenmew Maritime Holdings Ltd) mP&O I POf STRAITS shippingl Containers accept* out sails I No P.llNm S'port S'tOd Wbur| ffkman r<M Ut CARGO I CITY Of EWNBUNSH 91/SU TEXI2AO l'« 0» '.0 01(10 o*lo U IIMM KK II.U to. U to. U to. I CANOMAN BAT 97/511 BAJM7B XXB 15,10
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      Page 35 Advertisements Column 2
      1548 35 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVN FIX SPORE MK KM WM MJ HANJIN LEHAVRE OOM 17/» iflO WLO 7/10 J/10 10/10 HANJIN OAKLAND OMC 17/1 W W W W HAN JIN FELIXSTOWE 004W 22/1 10/10 11/11 12/10 14/10 IS/10 CHOYANG SUCCESS 010E 1/U 4/10 5/10 1/10
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      Page 35 Advertisements Column 3
      345 35 CONVENTIONAL SERVICE TO it YANGON >*- ETA SPORE 21/9/90 ETA P.KELANG 23/9/90 ETA YANGON 27/9/90 -4 M.V. "HUA BAO" Vay 3 I IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY BAIUNQS KK SPORE PK PL DBN CT SAPANCA V 92* SU SM M W 2/1* I •Abo alt* LL ft P L
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      556 36 CR NBR **********0-D m EXPRESS SERMI-CONTAINERSHIP SERVICE s poke rami nbubg bremcn antwmp assr- w as as us SBIWIJAYA/30W8 a-MAO 1*" ;u 30m FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO 0 9MKltoMunnMnLAlMaoO^ttiBOWß<>toCMMma, tat Said, Port Atandrie, Ome, Trtwto. MiO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA T/S UK PORTS. HULL, LE HAVRE,
      556 words
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      Page 36 Advertisements Column 2
      577 36 /thHANJIN SHIPPING i yy J FULL CONTAINER SERVICE MANJIN LE HAVRE MBT I I '"VIO*" VuT '*1T" Wo"* H KUNUN OSK 2WIO 808 HANJIN FELIXSTOWE QB4W 22fl 10*10 11/10 12/10 14/K) IVIO CWYANG SUCCESSIME WJ H. KUNSAN ME Kit 0 CHOYANC PARK OlflW 29/9 17/10 11/10 19/10 21/10 22/W HANJIN
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      Page 36 Advertisements Column 3
      970 36 —1 fJH-I H i J isKsss avsffla'a.'a.'ss.Tßisgsss'W'ss^^JßiSffiall !SKS,VI jk BS JS es ss ss; ss I ALSO ACCEPTING CARGO TO: I 1) mkwmkwx. otarr. savanna* boston pwlaoclpwa. MMfliu. iacmonvilu. n Montreal. Toronto via hem tor* MMIM;MTTOM KRMUOA ETC 0 ATLANTA. CNCAOO. KTWT, COLUMBUS OTWR MAJOR RRCROBMOQt OfSTIMATIONI I I VESSEL
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      1390 37 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 K TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 Kl^O^261 D 4Ca^ H p D K^an^(ra) A *****87, Penang-(04) *****0,
      1,390 words
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      Page 37 Advertisements Column 2
      1108 37 *SJNSOY I 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 WIM IgOB IMAWILA HHOW6 VOTAg 8W»I PKLAM6 NOUM fWAVPI TIUUOT WT AWTWf n maovsuT
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      Page 38 Advertisements Column 1
      1437 38 K line KAWASAKI KISEN„KAISHA. LTD. I EXPORT N- AMERICA PACIFIC SOUTH-WEST I I IMPORT N. AMERICA PACIFIC SOUTH-WEST j /ggs«g» f"y y* r L Mo z ftio z> 111 sss stt %s* t [si MEDITERRANEA 7 W MAHMTTAN BfNOGf 16 14/10 17/10 I*lo 22/10 BROOKLYN BRIDGE 32 22/» 21/* 3M
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      Page 38 Advertisements Column 2
      1071 38 xsm PHIU-ORKNT UNCS PTC LTD 1108 ROBINSON ROAD *07-00 GMG BUILDING SINGAPORE 0108 I TEL: *****22/*****69/*****00 TELEX: RS ***** PHIU FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I Vancouver s*western ONTARIO. I 20 SEPT DUBAI, DAMMAN, SHARJAH,
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      Page 39 Advertisements Column 1
      1047 39 SMpptag Times, Friday September 14 IHi PACIFIC INTERNATIONAL LINES (PTE) LTD Building, 140 Cecil Street *0300, Singapore 0106. VOY SIN JUT S« VESSEL VOY SIN BKK «N vessel voy w* hot* naqa iw MM if* EDEN (029 IS/» IMS It/( 21/t 2S/4 KOTA MCLATI 10SB 10/0 JJJ PEQASUS PIONEER MN
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      Page 39 Advertisements Column 2
      910 39 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1%% Fax: *****63 Singapore 0208. Telex: RS ***** FYPBERS CONTAINER SERVICE TO UK/CONTINENT HAMBURd F R 7 OAM 597/511 »2 iS!o° SS imo So «•> JMI4 23/9 Via Ban 10/10 13/10 15Mj Branen Express 9N5 5 27/9 ZZHO
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      Page 39 Advertisements Column 3
      318 39 MYANMA Vaßßk FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg P»n PC* MERGUI VIOIW IN PT PATHEIN VIOSW 17/ M SEP PAGAN VI6IW TVa SEP HPA-AN Vlss** JW OCT THE BANK LINE (A ••nrte# o* Androw W*r SMpptafl) SEMI-CONTAINER SERVICE HEAVY Lirr CAPABILITY I EXPRESS TO
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      835 42 /WmEMMh INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC RST N. CEGIELSKI M IS/| J/ll 11/ M MftO 12/W 17/ M TOKYO SEN imm 11/1 11/10 12/14 13/14 15/1# 17/W MECKLENBURG 4/N M/ 9 2*lo 22/10 21/14 23/1#
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      Page 42 Advertisements Column 2
      1139 42 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MR CMMUMfIN ffIMCE Ti: FAR EAST PORT KELANG 28/9 5/10 MANILA 22/9 29/9 PENANG 28/9 5/10 BUSAN 19/9 25/9 BANGKOK 19/9 23/9 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 16/9
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      Page 42 Advertisements Column 3
      349 42 LOAOINC FOB LOADING FOR BUENOS AIRES VESSEL CM DM tAIRES HVIOEO *10 ITS *IT PAfiUA c isami w> w vn» wu mu- *i V MM J MOSTWEENI 17/U !*U VIU MP Mfl2 VTIA DISCHARGING FM BRAZIL ONLY STORE I MMI MK REE BUSAN TOK MO MM C ISABEL Ufl 11/1
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      Page 42 Advertisements Column 4
      1215 42 r |te f IB i& 3 |»i v >58? CHINA OCEAN SHIPPING COMPANY w TEL: *****0 1 WKLSSf'fflr F""- CONTAINER LINER SERVICE CR NO ********** M CABLt General Agents: COfTA* IHIPMNC PTE LTD 3H IMMMIyMBI VESStUVOT MP FIX ROT MAW AWT WW VESSEL/VOY FIX ROT HAW AUT DKK MP SHA
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      Page 43 Advertisements Column 1
      775 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 17/9, 22/9 I EUROPE all Ports 21/9, 28/9 BANGKOK 18/9, 22/9 HONGKONG/CHINA 21/9, 28/9 SYD, MEL, ADEL, BRIS 20/9, 21/9 FREMANTLE 27/9, 4/10 MANILA 23/9, 3/10 PKLG/PENANG 19/9, 26/9 Port Kolong Brand) Tel: *****21/2/3 Fax: *****24
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      Page 43 Advertisements Column 2
      248 43 B RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Llnao) fry FAX: *****15/*****03 |fH| TELEX: R8 ***** RISHIP (3 Unao) ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) J ACCEPTING FCL AND CONVENTIONAL vessel Tvoy I eta [loading for SPORE netsamet wSi "yano oajhm&alaau mombasa oaeoun ASSAB MASSAWA.
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      806 43 tafcB p T- MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF SPORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 VSL VOY sm JKT PAJ SIN PUL BAHA6IA 99S
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      Page 43 Advertisements Column 4
      946 43 <TjigaeaMam^> BANGKOK CEBU/MANHA 'VESSEL jwr SINGAPORE BANGKOK [VOT fPORi 1 CPU BANttAil JENLINK 23N liW 14/9 17/9 SO ORIENT S7W IN PT 24/9 22/9 SIRI BHUB# 443N Sat 15/9 Ty» li/9 WT BMUB 38S 21/9 27/9 V* MARA BHUM# 24N Sun 14/9 Wad 19/9 SO ORIENT 39R 24/9 4/M NANTA
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      Page 44 Advertisements Column 1
      1097 44 MAC-NELS SINGAPORE If"*" til ama I «im«l 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 1 J BAHRU TEL: (07) *****2 i SIBU TEL: (084) *****2; LABUAN TEL: (087) *****9 LJ \y \2-J
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      Page 44 Advertisements Column 2
      484 44 fjC*, BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI XTTTT T Y CONTAINERISED MONTHLY SAILINGS AUCKLANU, Mr H DUNEDIN, LYTTELtoK INVERCARGIL, FIJI AND TAHITI SIN AUCH ITT MANDAMA OSM In ft »to V'» JJw PREMIER OB »to JJ 22" mm MAHSURI 0512 »Oct H Oct Via NPL 2i
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      Page 44 Advertisements Column 3
      1124 44 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax Np: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una Iwt lira g ML H* -ffl KIM SOON LI 36/906 15 SEP PENAN6 JENHOL 16/90E 20
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      Page 45 Advertisements Column 1
      700 45 M jfvAvf v Wwv COMPANIA PERUANA v TOOL OE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCUSOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pttung* P. Kelang Singapore MURRAYEVCRETT 19/21 Sept 22/23 Sept KARABIEVERETT** 2S/2S Sept 27/21 Disch) Disch) 00/00 Oct
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      Page 45 Advertisements Column 2
      580 45 MAINLINER KST LEEWARD nv« WHOMIA U/M a/M ar» fev* IMI MELBOURNE 20K 1M 2IM HAIFA 25/10 1/11 1/11 l/U 04/11 ZIM OSAKA 14E 87/9 2W HAIFA 8/W 3/11 1/11 1/11 P*U m piraeus use faw zin honckong aiu M/u yu s/u |//u ZIM SINGAPORE HE pB/10 ZW TOKYO IA2 1«U
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      Page 45 Advertisements Column 3
      594 45 SING KWANG HANGI •MM TWWWMWI (TTt) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 16/9 22/9 JENWEL 20/9 23/9 VESSEL SPORE BANGKOK A VESSEL 16/9 19/9 A VESSEL 20/9 23/9 DESTINATIONS ETA SINGAPORE PORT KELANG 21 SEPT MANILA 22 SEPT HONO KONG. ALL CHINA PORTS 23 SEPT KEELUNG. KAOHSIUNG
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      507 45 rm PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOV SIN JKT SBY PONTIANAK* TAN TO SEJATI 19 13/09 16/09 DERAJAT 902 15/09 18/09 TANTO SEJATI 21 19/09 22/09 DERAJAT 903 22/09 25/09 TANTO UTAMA 106 15/09 18/09 TANTO UTAMA 107 22/09 25/09 TANTO UTAMA 109
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      Page 45 Advertisements Column 5
      430 45 HIIII SIN FAI EAST I 16/9 KEELUNG/KAOHSIUNG 15/9 BANGKOK 15/9 MANILA/CEBU 15/9 JAKARTA BELAWAN/SURABAYA 14/9 PORT KELANG/PENANG/E. Malaysia 14/9 BUSAN 14/9 TOKYO/YOKO/KOBE/NGO/OSA 18/9 HONG KONG also accepting cargo to Huangpu/Sherahen/Fuzhou/ Xiamen/Xingang/Shanghai MEHMPE/VK ~T"T* T T 15/9 LDN/FLX/LVP/SOU 2 15/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary /Roumania/Potand/Bulgaria/Czech. SM BIA/BAHAIft
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      Page 46 Advertisements Column 1
      590 46 CB SHIPPING I (fffi) MARINE SERVICES NORTH QUCEWSLAHD/PAPUA NEW GUINEA SERVICES CMTMNB/LCL/MKMniIU «BH "ANKE" SERVICE SPE LAE MISIMA T'VILLE V.1758 22/9 1/10 5/10 10/10 J BUNKER SURCHARGE EFFECTIVE 1/9/90 TEU U5025.50 B/BULK USD 2.50 LCL USO 1.50 i SUBJECT REVIEW I MMMS ACCEPTED FM EAIT UUUTM PLATOU pacific: I A
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      Page 46 Advertisements Column 2
      478 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEUVOY ETA SPORE MAPLES GENOA N.YICNEVBK MERSM TRIESTE B.M.T V.17CW90 25/9/80 17/10/90 18/10/90 23/IJV9O IY Vl7-90W 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 V.lB-90W 16/10/90 11/11/90 1/11/90 6/11/90 MB. VI9CW9O 15/10/90 18/11/90 18/11/90 13/11/90 ALSO ACCEPDNQ CARGO FOR MILANO LASPE2IA. PROVAGUO.
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      Page 46 Advertisements Column 3
      225 46 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 16fl» 20/09 23/00 27/09 HONG KONG 15/® 20/09 25J® 30/09 "iusAN iw> 29/ra 5/io 15/10 BANGKOK 1609 2309 30/09 07/10 MANILA 24yTO 04/10 14/10 24/10 KYC LINE (8) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 0106 TEL: *****55 TELEX: RS2SI63 FAX:
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      Page 46 Advertisements Column 4
      387 46 CSW* OCERnSERUICE SERVICE TO/FROA^^^^^ CP PENANG—KL: alli£d-link SINGAPORE: Ml 0M***** *****8085 778 8822(22 lines) (Sttft! Marina On? Susan Ng/Ctvtaflna CNaw DoNy Mirpurt/EattMr Yap V FROM SOUTH EAST ASIA/ FAR FAST TO USG/BRAZIL/ARGEWTINA MV NORTWEEN NOVA MY SUNDERLAND ENDEAVOUR KOTA KINABALU ETA SPORE 3/9 ETD 3/9 FROM BRAZIL FROM ARGENTINA MV
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      Page 46 Advertisements Column 5
      312 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 16KB 24£ VIGOUR PACIFIC 17NB 4/10 BANGKOK 16/9 23/9 BUSAN 18/9 26/9 HONGKONG 17,*9 18/9 DURBAN 19/9 3ty9 KEELUNG 16/9 23/9 PT. LOUIS 19/9 30/9 PT. KELANG 21S 28,>9 KOBE 17/9 24/9 PIRAEUS 26/9 8/10 OSAKA 18/9 25/9 JAKARTA 18/9 21/9 SURABAYA 16/9 21/9
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  • Page 47 Miscellaneous
    • Miscellaneous
      Page 47 Miscellaneous Column 1
      529 47 TIDES AND WEATHER TODAY'S TIDES (he«gtit in metres) IOIMMMMMM«MMMMMMMI7MMMMMIIMiIMUMI3MI4MMMIIMI7MIIMI9M2IM2IM22MHM II 05 0.7 05 0.9 U 1.4 1.6 15 15 1J L 7 15 15 15 15 1.7 2.0 12 2.4 15 25 25 15 15 n 0.9 0J 05 0.9 1.1 15 15 17 1.7 1.7 L 7 1.6 LJIjUIJIOUUMUUUU
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      Page 48 Advertisements Column 1
      411 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL JMU SHIPPING CORP., KARACHI. 58BR 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
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      Page 48 Advertisements Column 2
      707 48 /HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUNP TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 20E 22/09 27/09 15/10 17/10 20/10 19/10 HYUNDAI CHALLENGER 35* 14g Mg W* if™ HYUNDAI PIONEER 35E 29/09 04/10 22/10
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      Page 48 Advertisements Column 3
      433 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) TR£_.-.—i—.—. Irrow Inow itburc »h*vm roam um city Of ewnburc M* MB W» *m *g"j» hami <st JS 2" ssx iirrs--—ljmn BREMEN EXPRESS m S|ll li|l lIW IW tllll benavon w i7-io am am MEDITERRANEAN (MED CLUB)* JEDDAH IgjJHH •mb m.tam sr*sr
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