The Business Times, 18 September 1990

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday September 18 1990 75*
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  • NEWS SUMMARY
    • 33 1 A NATIONAL council representing Cambodia's Vietnambacked government and its guerilla opponents held its first meeting yesterday but reported no progress towards ending 11 years of civil war.
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    • 33 1 ABOUT 20 per cent of the world's oil production would be lost if a major war breaks out in the Middle East, according to the Malaysian Oil Minister Page 2
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    • 32 1 CALTEX (Asia) Ltd has won a massive contract worth an estimated USs42om (s74Bm) to supply fuel oil to the Senoko power station for three years from next January Page 2
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    • 41 1 THAI LNG International, a Thai-Japanese venture, believes the territory claimed by Thailand and Malaysia in the South China Sea is a potential source of natural gas which will enable it to embark on its ambitious project Page 7
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    • 23 1 THE RESERVE BANK of New Zealand welcomes an accord between the government and the Council of Trade Unions Page 8
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    • 32 1 DEVELOPING countries have made progress attacking their S$ 1.2 trillion debt mountain but the crisis is far from over, the World Bank and International Monetary Fund (IMF) said Page 10
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    • 23 1 A LOOK at what Broadway and the East End have to offer in the upcoming theatre season Page 19
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    • 33 1 NATIONAL CARRIER Neptune Orient Lines is currently scouting shipyards in the Far East to order up to five new containerships, likely for its US services. Shipping Times Page I
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  • MARKETS SUMMARY
    • 37 1 NEW YORK blue chips recovered further in yesterday's morning trading but remained lower. Selective bargain-hunt-ing brought the Dow off early lows, but overall sentiment remained negative. The Dow 30 was down about five to 2,560.
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    • 41 1 LONDON Share prices were down at midday yesterday but climbing from lower levels with the help of some bargainhunting. At about 1100 GMT, the Financial Times-Stock Exchange 100-share index was down 4.7 points, or 0.2 per cent, at 2,089.1.
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    • 31 1 CDL HOTELS International, floated by City Developments with great fanfare in Hongkong last December, has turned out to be a drag on the group's profitability. Page 3
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    • 53 1 TWO VISITING executives of the New York Mercantile Exchange (Nymex) yesterday urged oil futures traders and refiners here to use its light sweet crude futures (LSCF) contracts as a hedge against possible price spirals in Singapore's own sour Dubai crude futures (SCF) arising from the Gulf
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    • Article, Illustration
      29 1 Monday Change BT-MGA 610.94 -16.48 Kuala Lumpur ...533.88 -9.74 Hongkong 3,019.87 -42.17 Tokyo 24,365.60 -531.86 Sydney 1476.8 -3.2 Friday Change New York 2,564.11 -18.56 London 2,093.8 -33.3
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    • 21 1 Fxdwgi rates US$ S$ 1.7640 Yen SSl.2881 MS SS0.6542 MoMy mai rates Overnight 5 3/4 5/6 3-montn 6 9/16% +1/16
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    • 36 1 London Gold PM fix US$389.40 US$3.20 Rubber S'porc Oct.... l55.25*/kg -0.75 M'sia Oct 240.00*/kg -1.00 KL Tin Turnover 77 tonnes +13 Spot MSl5.34/kg +0.10 Crado palm oil Turnover 322 lots -180 Oct MS678 /tonne unch
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  • 331 1  -  By Magdalene Ng NEW LISTINGS are making their presence felt here again after a 6-week absence when the crisis in the Middle East wreaked havoc on international Financial markets broking house Kay Hian James Capel is expected to announce its listing plans
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  • 555 1  -  By Lilian Ang HOME-GROWN Singapore Petroleum Company (SPC) has launched its new share offer, the first company to do so since the start of the Gulf crisis plunged financial markets worldwide into uncertainty. The oil company, the only refiner in Singapore to be
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  • 371 1 The Gulf crisis BRITAIN and Belgium yesterday joined France and Italy in retaliating against Iraq for intrusions by its troops into their embassy buildings in Kuwait. Britain is expelling six Iraqi embassy staff and 23 Iraqi nationals. Belgium banned Iraqi diplomats from moving outside
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  • 136 1 SHARE PRICES on Asian cxchangcs fell sharply yesterday following a lower close in New York last Friday and worries over the Gulf crisis. In Tokyo, share prices closed broadly lower in very thin trade, depressed by a rise in the yield of the key 10-year
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  • 543 1  -  By Conrad Raj A WEPCO subsidiary, United Insulation Services, has become the first company to be charged with and found guilty of insider trading in Singapore. The company was fined $45,000 by Senior District Court judge Errol Foenander for the "serious" crime after
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  • Page 1 Advertisements
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    • 24 1 •Sharing the burden, Pg 13 Egypt may gain from conflict Pg 16 Aqaba port hard hit Suez revenues up sharply, Shipping limes Pg 18
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  • HOME NEWS
    • NEWS ROUNDUP
      • 123 2 AN 11-MEMBER Singapore delegation left yesterday for Moscow to take part in the inaugural meeting of the Joint Economic Commission (JEC), which starts tomorrow and ends Thursday. The team is led by the Minister of State for Trade Industry, and Communications Information,
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      • 97 2 ALTHOUGH SINGAPORE has made tremendous progress in civil defence (CD) during the past eight years, the task ahead is to see that even more Singaporeans are made aware of the CD concept and to provide them with core CD skills, says Professor SJayakumar. The Minister for Home Affairs,
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      • 103 2 FROM OCT 1, SAF reservists can have their passports extended or can apply for exit permits at the Safra Clubhouse in Tampines. The office will be open on Mondays to Fridays from 2pm to 9pm and Ipm to spm on Saturdays. The Ministry of Defence says
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      • 61 2 NGEE ANN POLYTECHNIC emerged the champion in the recent Hongkong-Singapore Polytechnics Debate Series, which ended last Wednesday. Opposing the motion "That a world of trade blocs is bad news for Asia", the Singapore team beat the City Polytechnic from Hongkong. The best speaker of the
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      • 76 2 GREATER USE of information technology can result in a better and more peaceful world, said Professor Tommy Koh yesterday. The Singapore ambassador-at-large said that use of modern IT will help improve understanding among people, cultures and countries. Opening a seminar on modern IT in government policy-making
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    • 309 2  -  By Loh Hui Yin ABOUT 20 per cent of the world's oil production would be lost if a major war breaks out in the Middle East, said the Malaysian Oil Minister. Datuk Dr Sulaiman Haji Daud warned that such a
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    • 224 2 SINGAPORE can act as the centre for technology transfer among developing countries which are trying to find ways to comply with the Montreal Protocol, a global agreement to protect the Earth's ozone shield, says Environment Minister Dr Ahmad Mattar. Dr Mattar said yesterday that Singapore
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    • 209 2 THANKS to investments by the oil refiners and the government's promotion of oil trading, Singapore today is as well-prepared as any other country in facing the uncertainties caused by the Gulf crisis, says Mr Mah Bow Tan, the Minister of State (Trade and Industry). This,
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    • 275 2  -  By William Chia CALTEX (ASIA) Ltd has won a massive contract worth an estimated US$42O million ($748 million) to supply fuel oil to the Senoko power station for three years from next January. Senoko station, Singapore's largest power station, is currently supplied
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    • 33 2 Dato Haji Mohamad Saad bin Endut, State Secretary of Kedah, paying a courtesy call on Minister of State (Finance) Brigadier-General George Yeo yesterday at the Treasury Building
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 593 3  -  By Lee Han Shih CDL HOTELS International, floated by City Developments with great fanfare in Hongkong last December, has turned out to be a drag on the group's profitability. CityDev, a listed property giant, announced three sets of interim results yesterday
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    • 430 3 Bernama THE Kuala Lumpur Stock Exchange said it will not investigate reports that Singapore brokers are saddled with more than S$ 1 million worth of stolen Malaysian shares bought on the over-the-counter (OTC) market. This is because the KLSE does not recognise
      Bernama  -  430 words
    • 223 3 MBT KUMPULAN GUTHRIE has divested its corporate holdings in a joint-venture project engaged in palm oil production and processing in the Philippines. Its withdrawal came after the signing in Manila on Sep 5 of an agreement restructuring the US$22 million foreign loan of NDC-Guthrie Plantations
      MBT  -  223 words
    • 390 3  -  Profile of Singapore Petroleum Company By Lilian Ang THE Singapore Petroleum Company group, which recorded an unaudited profit after tax of $18.1 million at half time, expects to reap at least $24.2 million for the year ending Dec 31, 1990. Mr Cheng Hong Kok, SPCs president
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    • 411 3  -  By Magdalene Ng DBS BANK will reap about $14 million in extraordinary gains from the sale of its shares in Singapore Petroleum Company to Nat Steel for a total sum of $51.08 million. The publicly-listed bank will thus make some S3l
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    • 304 3  -  By William Chia MALAYSIAN stockbroker Rashid Hussain Bhd has forecast that its acquisition of a 20 per cent stake in D&C Bank will enable it to increase pre-tax profit by M 56.08 million to M 536.08 million for the year ending May 29,
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    • COMPANY BRIEFS
      • 91 3 PARK MAY BHD, an investment holding company whose activities include public bus transport services, coach-building, bodywork repair and real estate, is expected to come out with its flotation exercise prospectus today. The company has received the go-ahead from the Capital Issues Committee for a listing
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      • 87 3 FOREIGN EQUITY ownership in newly-privatised companies such as Telekom Malaysia Bhd will be limited to 25 per cent, the managing director of Arab-Malaysian Merchant Bank Bhd, Datuk Malek Merican told newsmen in Kuala Lumpur after the signing of an underwriting agreement between Telekom Malaysia and
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      • 37 3 TWO more government companies, Kumpulan Fima Bh<f and Peremba, are being privatised, Malaysia's Public Enterprises Minister Datuk Napsiah Omar said yesterday. Their privatisation was being carried out through management buy-out, she added.
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      • 76 3 LEGISLATION paving the way for corporatisation of the Malayan Railway (KTM) will be tabled at the coming, Parliament session next month. Transport Minister Datuk Seri Dr Ling Liong Sik said once the legislation is passed, KTM can be turned into a corporate body, and privatisa-. tion will
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      • 60 3 THE Malaysian High Court has postponed to another date an application by 20 minority shareholders of Panglobal Equities Bhd to stop the company's directors from implementing a resolution to enter into transactions to buy several properties. A date of hearing will be fixed by the court later.
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      • 89 3 SYARIKAT Utusan Melayu (M) Bhd has reported a pre-tax profit of M 57.732 million for the half-year to June 30, 1990 and MSB.9 million up to July this year. Group executive chairman Datuk Haji Khalid Abdullah said the performance was far better than that achieved in
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  • Page 3 Advertisements
    • 112 3 SEPTEMBER IM B O 1 O O H A VIVA TOSCANA i Tuscany come** to mmd spared neither the Singapore in the exoticism nor the month of September tradition of using at the Ristorante the finest ingreBologna. Famed for dients in preparing its gastronomic our dishes. From wonders, the historic
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 96 4 KAWASHO CORP, a Japanese trading firm owned 41.6 per cent by Kawasaki Steel Corp, will arrange barter trade this year between Thailand and Vietnam, a spokesman said. The trading firm plans to export an annual 12,000 tonnes of Vietnam billet, a semi-finished, short, thick
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      • 78 4 HARLIN HOLDINGS Pty Ltd's plans to sell a 19.9 per cent stake in Elders IXL Ltd has taken the downward pressure off the Elders' share price but there remains little scope for further upside movement, analysts said. The share price of Elders last traded 16
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      • 121 4 BROKEN HILL Pty Co Ltd said its 51 per cent owned US subsidiary Hamilton Oil Corp had won approval from the British government to jointly develop the Bruce oil field of the North Sea with its European partners. The site is 150 km northeast of
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      • 114 4 BJIEWER and retailer Magnum Corp Ltd has agreed to merge its stake in Wilson Neill Ltd with that of Wilson managing director Colin Herbert in a joint venture controlling 50.1 per cent of Wilson Neill. Magnum, a 70.1 per cent Bait of Brierley Investments Ltd,
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      • 118 4 KOBAYASHI Pharmaceutical Co will acquire a whollyowned subsidiary of CR Bard Inc, a Murray Hill, New Jersey-based medical equipment firm, for about US$2O million, a spokesman for the Japanese firm announced on Sep 14. Kobayashi's holding company in the US will acquire the entire capital
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    • 339 4 HONGKONG toy manufacturer Harbour Ring Industries, 30 per cent owned by Playmates Holdings, may be forced to cancel a HK$3OO million listing on the colony's stock market, according to a report in The South China Morning Post. A boardroom decision
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    • 442 4  -  From Florence Chong in SYDNEY INTERESTS associated with the Gcnting group have acquired a property in Sydney's Chinatown for As3o million a deal said to be around As2o million under the original asking price. The retail complex was offered for sale on completion about two
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    • 312 4 HUTCHISON Telecommunications will launch Thailand's third telephone paging system in November, with the hope of capturing 60 per cent of the booming market there, The South China Morning Post reported. Technical manager Ms Piyaporn Chatuparisoot said the service would be introduced in three phases,
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    • 407 4 NATIONAL MUTUAL has axed 23 funds in Hongkong totalling almost £50 million (HKS73O million) under management, according to The South China Morning Post. The move will be the largest dissolution of an umbrella investment product in the history of unit trusts, if a
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    • 223 4 VACATION Planners (Thailand) has been appointed the Thai representative of one of the few international standard hotels in Phnom Penh, the Hotel Cambodiana, effective immediately, The Nation reported on Sunday. The contract is renewable on an annual basis. The agreement follows prolonged negotiations between
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    • 176 4 THE CORRECTION in the Hongkong share market as a result of the Gulf crisis and higher oil prices has been overdone, according to a report in The South China Morning Past. It quoted stockbroker Baring Securities as saying that Hongkong's price-earnings ratio is the lowest in
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  • INTERNATIONAL COMPANY NEWS
    • 486 5 Reviving legal theory of fraudulent conveyances NYT THE bondholders of Allied Stores said they expected to file a lawsuit next month seeking at least $700 million from Campeau Corp, Allied's parent, and a group of banks and investment houses. Should they take that
      NYT  -  486 words
    • 275 5 Reuter PIRELLI SpA said a proposal to switch its worldwide tyre business to Continental AG would result in its taking control of the German company with the support of a majority of that company's shareholders. "A group of shareholders who possess a majority
      Reuter  -  275 words
    • 84 5 THE United Auto Workers early yesterday announced a tentative agreement with General Moton Cap on a new contract covering 300,000 US workers. M I am pfcned to announce to our members and to you that we have reached a tentative contract agreement at General Motors,"
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    • 84 5 A LEADING official at Japan's Mitsubishi Corp said talks between Mitsubishi and Daimler-Benz AG were advancing quickly, and potentially thousands of cooperation projects could be agreed. "Daimler is a good partner for us," Mitsubishi's Toshio Taniguchi told the West German Tageszeitung newspaper in an interview. Taniauchi heads
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    • 80 5 SINCE July, when Castle Cooke Inc announced several companies were interested in acquiring its Dale Food Co, the prospect of a high-stakes auction for Dole has generkcd growing interest on Wall Street The fate of Dole, a fruit company with a sterling brand name and
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    • 637 5 Reuter DIGITAL EQUIPMENT Corp, a long-time darling of the technology sector, has lost its footing as Wall Street grows increasingly skittish about the minicomputer maker's outlook, analysts said. A relentless series of earnings estimate cuts moved investors to batter Digital, shoving its stock down
      Reuter  -  637 words
  • Page 5 Advertisements
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 97 6 THE Cambodian government has devalued its currency by 11 per cent from 460 to 510 riels for one US dollar, the official Phnom Penh news agency SPK said. The devaluation, announced by the National Bank of Cambodia, was the third since the beginning of this
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      • 102 6 THE Philippine central bank has imposed controls on commercial banks' buying and selling of dollars even as some bankers warned this would force more funds into the black market Under the new system, which took effect yesterday, banks can buy or sell foreign exchange at
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      • 78 6 SRI LANKA's central bank has sold all the two billion rupees in bonds offered since July to raise money for defence, a bank spokesman said. He said the bonds, which carry an interest rate of 15 per cent per annum and are redeemable in three years,
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      • 59 6 THE National Australia Bank (NAB) announced on Friday a 0.25 per cent cut in its prime interest rate to 16.75 per cent from Sep 24. The NAB said in a statement that lower interest rates were possible because the cost of funds had fallen since
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    • 279 6  -  By David Chew TWO VISITING executives of the New York Mercantile Exchange (Nymex) yesterday urged oil futures traders and refiners here to use its light sweet crude futures (LSCF) contracts as a hedge against possible price spirals in Singapore's own sour Dubai
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    • 440 6 IHT AMID all the back-slapping about placing US$2 billion of World Bank global bonds in difficult market conditions last week, bankers were privately expressing concern about whether the bank had been manipulating the market to achieve a modest but not insignificant saving on the cost
      IHT  -  440 words
    • 528 6 Bernama BANK NEGARA's call to commercial banks to increase their savings and fixed deposits rates may lead to another request for a hike in the base lending rate, several bankers said. Meanwhile, the Association of Banks in Malaysia said only
      Bernama  -  528 words
    • 325 6 Reuter UK CHANCELLOR of the Exchequer John Major said the reported rise in inflation will not change the conditions set out for sterling's entry into the European exchange rate mechanism (ERM). "I don't think it's a matter that is going to materially
      Reuter  -  325 words
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    • 258 6 EXCLUSIVE AKDMORE POINT APARTMENTS 1 M i FOR SAIF BY TtiNDtK I ■tyfck l-AARDMOREPARK,SINGAPORE i'V. y 8 a At Ardmore Point, situated at the junction V of Anderson Road and Ardmore Park, you 9 p are on prime land. Around you is the lush y x greenery along Orange Grove/Anderson
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  • Page 6 Miscellaneous

  • THE REGION 1
    • 407 7 THAI LNG International (TLI), a Thai-Japanese joint venture, believes the territory claimed by Thailand and Malaysia in the South China Sea is a potential source of natural gas which will enable it to embark on its ambitious project, the Bangkok Post repotted. The
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    • 222 7 THE ABSENCE of clear guidance for foreign investors in Vietnam has forced many companies to put off plans to invest in Vietnam, according to a report in the South China Morning Post. One example cited by the Post was electronic components maker A V Concepts.
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    • 453 7 THE Gulf crisis threatens to push South Korea's ailing stock market, currently in an 18-month-old slump, even deeper into gloom. The composite stock price index, which is creeping along around 590 points, has lost about 41 per cent since peaking at 1,007.77
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    • 56 7 Lord Caithness, Britain's new Foreign Office minister with special responsibility for Hongkong, entering a dormitory for Vietnamese boat people in the Whitehead Detention Centre yesterday. Lord Caithness s hard stance on the Vietnamese refugee dilemma may lead to a resumption of mandatory repatriation from
      Reuter picture  -  56 words
    • 433 7 A LEADING Thai economist said that Thai oil prices would be raised by an average of one baht per litre within this year to take into account the rising oil prices in the world market. This will cause the Thai economy next year to slow
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    • NOTE BOOK
      • 98 7 INDONESIAN exports of manufactured products arc expected to increase 13 per cent to USSI2.S billion this year from $11.06 billion last year and $9.38 billion in 1988, an Industry Ministry spokesman said. The industry sector's share of Indonesian gross domestic product in the five-year
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      • 80 7 WAR-TORN Sri Lanka is trying to attract foreign investors and professionals with an offer of long-term residence and citizenship, a Finance Ministry spokesman said yesterday. He said investors and professionals will qualify for a fiveyear resident visa and subsequent citizenship under the Resident Guest Scheme approved
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      • 97 7 JAPAN'S booming economy is giving rise to a serious labour crunch, with industries repotting a shortage of almost two million skilled workers, according to a Labour Ministry survey. The 8,500 businesses nationwide responding to the survey reported a shortage of 1.9 million workers or 10.7
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      • 54 7 PAKISTAN'S trade deficit narrowed to 2.74 billion rupees in August from 3.56 billion in July and compared with 3.81 billion in August 1989, the Federal Bureau of Statistics said. Exports rose to a provisional 8.00 billion rupees from 7.31 billion while imports fell to provisional 10.74
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      • 108 7 INDONESIA, which has become largely self-sufficient in rice over the past six years, now plans to boost export crops, the Agriculture Ministry said. "We will boost the agriculture sector not only to meet consumption, but also to tap foreign exchange which is a catalyst for
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    • 377 8 Reuter THE RESERVE BANK of New Zealand welcomes an accord between the government and the Council of Trade Unions and this should "leave scope for some easing in current monetary conditions". "I am happy to enter into the spirit of this agreement and
      Reuter  -  377 words
    • 200 8 THE Hongkong Unit Trust Association plans to take disciplinary action against any of its members who breach a new code of ethics governing their conduct, the South China Morning Post reported. The new code was issued last Friday, a week after the
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    • 62 8 Two armed policemen cycle around the Asian Games Sports Complex on Saturday in the shadow of a giant Pan Pan, mascot of the Beijing games. Security for the games, which begin on Sep 22, will be tight as China hopes to snow the world it is
      Reuter picture  -  62 words
    • 400 8 RETIREMENT schemes in Hongkong face being shut down if proposed pension legislation goes through unchanged, according to an international firm of management consultants, reported the South China Morning Post. A new retirement scheme legislation for Hongkong will discourage firms from setting up new pension funds
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    • 435 8 THOSE intending to emigrate from Hongkong under business emigration programmes, in order to qualify, need to prove to the consulates the amount of capital they possess, and the degree of success and the profitability of the business. A report in the South China
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  • Page 9 Advertisements
    • 395 9 m m- -m -m -m INTEREST RATE OPTIONS Market takes a beating from Star Wa/<i> r CURRENCY FUTURES OPTIONS 4? IX iliiHii •flik I il IIJ A if ll n« Cross rates Interbank rates a V| m I V*' *3 0 Broker rates US$/S$ forward rates 4 O 1 3
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  • THE WORLD 1
    • 510 10 But world bodies not complacent Reuter DEVELOPING countries have made progress attacking their S$ 1.2 trillion debt mountain but the crisis is far from over, the World Bank and International Monetary Fund (IMF) said. But neither organisation is complacent about the future.
      Reuter  -  510 words
    • 196 10 Reuter SOVIET President Mikhail Gorbachev yesterday called for a national referendum on private ownership of land, saying the issue was too controversial to be decided by the country's leadership alone. "The question of whether to have private ownership of land is one for the people. We
      Reuter; Reuter photo  -  196 words
    • 294 10 AFP A HIGH-LEVEL Japanese economic delegation has arrived in Beijing for talks on renewing a bilateral trade agreement which expires at the end of the year, the China Daily said yesterday. The official English-lan-guage newspaper said the delegation, from the 60-member Japan-China
      AFP  -  294 words
    • 326 10 NYT FRENCH FARMERS have stepped up their violent attacks on trucks hauling imported livestock in a protest that has divided France's government and renewed tension with Britain. Jolted by a drought and declining meat prices, France's cattle and sheep farmers have
      NYT  -  326 words
    • 519 11 Reuter GERMANY'S trade and current account surpluses are narrowing, as extra sales in the eastern half of the soon-to-be united country boost domestic demand, the Bundesbank said in its September monthly report. Slower growth in the economies of Germany's trading partners had also contributed to the
      Reuter  -  519 words
    • 281 11 Reuter THE Bundesbank said it would use West German data to assess its 1990 money supply target until East German bank data were comprehensive and reliable. "Until East German banks' start-up problems in providing statistics have been overcome and comprehensive and reliable (pan-Ger-man)
      Reuter  -  281 words
    • 275 11 Reuter THE Bundesbank said its ability to leave key interest rates unchanged will depend on external factors like oil prices, the mark's value on foreign exchange markets and German price and wage developments. In its September monthly report, the Bundesbank said it had so
      Reuter  -  275 words
    • WORLD WATCH
      • 70 11 COLOMBIA and the US will soon sign a bilateral agreement to help control illegal exports of chemicals used to process cocaine, according to a Bogota newspaper. The daily El Tiem£o, citing an unnamed government official, said the accord limiting sales, transport and use
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      • 88 11 PRESIDENT FERNANDO Collor de Mello, who has dramatically reduced Brazil's inflation since taking office six months ago, expects another drastic decline by the end of the year. In an interview with the Jornal do Brasil newspaper, Mr Collor de Mello said inflation had fallen to the
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      • 90 11 PRIME MINISTER Margaret Thatcher said reductions in cu 'I? 00 1 tax depended on the outcomc of the Gulf crisis. She also reiterated her view that interest rates would have to remain in place until inflation comes down. Asked in an interview when income tax
        90 words
      • 62 11 CONSUMER PRICES in Peru rose a mere 1.5 per cent in the first 14 days of September over end-August, suggesting President Alberto Fujimori's tough austerity plan was taking hold, the head of the state statistics institute said. Inflation in all of August was a record 397 per
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      • 70 11 LECH WALESA will announce shortly that he is running for the presidency of Poland, sources close to the Solidarity leader said yesterday. They said Mr Walesa, 46, would make the announcement in a statement by his spokesman Andrzej Drzycimski. "We want to have the situation clear before
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      • 67 11 ROMANIA is hosting a three-day meeting of ministers in charge of economic reforms in East European countries, according to the official Rompres news agency. A government official said participants were expected from all member states of the Soviet-led trading bloc Comecon, which had become largely defunct
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    • 275 10 MORGJk N showbands', play the kind of music you I unWS o*ll/I#/ KENT love. Fabulous fifties and sixties dassics I Ongm^teKl singerofthe"ZippetyDo- R^mwodw«aS)keep I famous 1960sglamour girt group, The 'Wombies* pop group in England, the toes tapping and I KTWVjC. riTPP Supremes, have formed a spin oft band in Morgan
      275 words
    • 104 10 r®tring 500 jMk I H What makes it truly marvellous is that without any nib, rotring 900 writes at any angle without blotting. The rotring 900. A new generation fountain pen. In place of the traditional nib, a uniaue tubular tip glides smoothly across paper. So you get ballpoint convenience
      104 words

  • Page 11 Advertisements
    • 124 11 Gateway (on line) Jj r~" i, Q Cargo Drop Centre We're Committed To Giving You Faster Cargo Service To More Of America. With a growing network of 11 cargo drop centres and A on-line depots across the U.S. and Canada, Korean Air covers more of North America than any other
      124 words

  • 483 12 EDITORIAL Consumers and businesses alike must brace themselves for higher transportation costs in the wake of the sharply ail prices brought on by the Gulf crisis. Already motorists are feeling the pinch of higher petrol prices, which have gone up some 28 per cent over
    483 words
  • WHAT THE OTHERS SAY
    • 222 12 IT WAS reassuring to hear Mr Zhu Rongji, Mayor of Shanghai, announce last week the launching of the multi-billion-dollar Pudong project. It is an indication of China's continuing commitment to reform after the Tiananmen affair. This is good news because it shows the growing confidence of
      222 words
    • 138 12 THE VISIT of Secretary of State James Baker to Damascus marks an important milestone in relations between the US and Syria. It also indicates American recognition of Syria as a formidable regional power. President Hafez al-Assad has been looking for a suitable opportunity to move back
      138 words
    • 121 12 THE SIGNING of the "two-plus-four" treaty in Moscow lays the foundation for the final re-unifica-tion of Germany. It also signals the emergence of a new European order. Although not one country has objected to Germany recovering the sovereignty it lost after the last world war, some have
      121 words
  • REGIONAL VIEWPOINTS
    • 131 12 NUSAKAMBANGAN is not as horrifying a prison as Devils island, for instance, but to send students there, sentenced for staging a rowdy protest demonstration last year, was not a very tactful decision. The colonial East Indies administration developed Nusakambangan, an island off Java's southern coast, as a
      131 words
    • 272 12 THE EMINENT constitutional law commentator Professor R H Hickling of London University who drafted the Malaysian Internal Security Act (ISA) in 1960 assured the public that the legislation in its origin was not designed as a weapon against political opponents of the government, other than those dedicated to
      272 words
    • 87 12 SINCE THE United States surprised China by suddenly rescinding its recognition of the Cambodia resistance coalition in July, the Beijing government has conducted a foreign policy review so it will not be caught out again. The result of that evaluation was apparent on Wednesday when China
      87 words
  • 770 12  -  James Pringle assesses the current efforts to bring peace to Cambodia in the light of events of the last twenty years James Pringle IHT THE Cambodian officer was very polite as he flagged down the car carrying a group of foreign correspondents. He saluted smartly
    IHT  -  770 words
  • Page 12 Advertisements
    • 140 12 "Take me away from all of this." I To take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right
      140 words
  • Page 12 Miscellaneous
    • 45 12 DOONESBURY BY GARRY TRUDEAU TO FEND OFF HEAT DISORDER, THAT BREAKS DOUJN TO BETTER. UM UHA T Til ICU GOTTA HIVRATE! SWC 96 BI6HT-OUNCB GLASSES IF UNCOVER GATON PRILL- GALLONS A QM—THACT'S A CAY, OR ONE GLASS STfiRJW ATTACKED* WU jaofthe& Barries! minutes for ume
      45 words

  • ANALYSIS
    • 945 13  -  On the surface, West German banking stocks seem the most vulnerable to the rising costs of unification. But some analysts argue they make sound investments. David Lanchner reports David Lanchner IHT THE POLITICAL enthusiasm for a united Germany has little
      IHT  -  945 words
    • 1553 13  -  Craig Whitney on the place of the US in the world Craig Whitney NYT NINE months into 1990, the world as Americans have known it for most of the last halfcentury has changed utterly. But in one major respect the reliance of the free world
      NYT  -  1,553 words
  • Page 13 Advertisements
    • 293 13 \rSjM Medic-Asia '90 17 20 September *****1 fi World Trade Centre, Hall 4 w 11 a.m. 7 p.m. Incorporating Defence Medicine-Asia '90 Clinical-Lab '90 U' As a medical professional, you'll appreciate the opportunity that Medic- if fl f O/*/) l#£l f Asia '90 offers to help youJ £p |f f
      293 words

  • INNOVATION & TECHNOLOGY 1
    • 233 14 THE CORPORATE University of the United States, through its marketing and distribution arm, Corporate Education Resources (CER), has appointed a local company as its exclusive distributor in Asean. Business Advisors A Solutions of Singapore, will distribute the Human Resources Management software, The Executive Track System and other products.
      233 words
    • 375 14 NYT Executives of IBM and Microsoft Corp met this weekend to try to clarify the relationship of the companies in developing basic software for personal computers, according to industry officials and a trade publication. Executives in the personal computer industry said the two
      NYT  -  375 words
    • 403 14  -  By Claire Leow IMAGINE two-way communication anywhere at anytime with voice, image and data all thrown in. Such transmission of information, using the qualities of light, might be a widespread reality of the future, according to Dr John Mayo, senior vice-president (network systems) of AT&T
      403 words
    • 55 14 Computes a massive amount of information. A digital processor which uses light instead of electrons can handle 1,000 times as much information as its electronic counterpart; Augments the functions of electronics and replaces it selectively; Enhances graphic interfaces. Two-way communication will make software more user-friendly, and Increases adaptability
      55 words
    • 653 14  -  Sisir has been entrusted with the task of providing technical services to help reduce the consumption of CFCs. In the first of an occasional series from Sisir, Ngooi Kim Chiang and Ang Fui Gan discuss conservation of CFCs through recycling as a
      653 words
    • 321 14 NYT CELLULAR industry executives now find themselves in a quandary. They agreed last year on a technique to transmit calls that offers a desperately needed threefold increase in the number that can be handled simultaneously in one city. Japan and many European countries have already
      NYT  -  321 words
    • 383 15  -  By Claire Leow GOOD news for office bums. They may soon fax documents from the computer without moving, from their desks. The Information Technology Institute (ITI) of the National Computer Board has developed a "future modem" which essentially translates computer commands
      383 words
    • 601 15  -  Ask ICL chairman Peter Bonfield what local IT companies can learn from his company's success, and he sines Singapore's praises instead. But, as Kenneth James found out, what really gets him going are the challenges ofchange... IT MATTERS Kenneth James ICL's PETER BONFIELD
      601 words
  • Page 14 Advertisements
    • 94 14 'A725%~0ff, I it's easy to get carried away. nil 1 hPIb \V InH^L L| t- Nw fl^H Samsonite's latest Focus™ attaches are now being carried away by many happy customers. That's because as part of the nation's 25th anniversary celebrations, we're cutting 25% off our normal retail prices. It's such
      94 words
    • 148 14 THE FAX REVOLUTION! NETFAX has revolutionized PC-Fax systems! Now with just one fax card, Local Area Network (LAN) users can send clear reproductions of whatever appears on their PC screen across the continent! With just a couple of keystrokes, they can specify the transmission time to send their messages to
      148 words

  • Page 15 Advertisements
    • 271 15 Jtfj m LIEBERT ISN'T JUST PROVIDING PROTECTION FOR THE LARGEST COMPUTER s* js-W;-- smallest... FROM COSTLY COMPUTER PROBLEMS ARISING t jjßfrom power problems or blackouts. Introducing accucard.™ The first uninterruptible power supply (UPS) DESIGNED TO FIT IN YOUR HAND, AS COMFORTABLY AS IT PROTECTS YOUR IBM* OR IBM-COMPATIBLE PC. I
      271 words

  • FOCUS 1
    • 425 16 The Gulf Crisis Reuter The gulf crisis could prove a boon for Egypt's stagnant economy, with hew loans promised by Oulf Arab and Western states and the IMF relaxing demands for economic reform, according to bankers in Cairo. "Money is promised to Egypt
      Reuter  -  425 words
    • 460 16 Reuter IRAN'S pledge to stick to its Opec oil output quota all but iples out any sanctions-bust-ing deal with Iraq to barter oil for food and medicine, diplomats and oil analysts say. They discounted reports that Iran has agreed to trade for up to
      Reuter  -  460 words
    • 216 16 Reuter THOUSANDS of Kuwaitis fled their devastated capital to Saudi Arabia over the weekead, convinced that Iraq's suddea opening of the border post was part of a plan to erase the identity of their conn try. 'They're going to dear the city of Kuwaitis and
      Reuter  -  216 words
    • 335 16 Reuter SAUDI ARABIA'S oil exports slumped to five million barrels per day (bpd) in the second week of September, after surging to over seven million in the first week to help make up for lost oil sales by Iraq and Kuwait "The
      Reuter  -  335 words
    • 1750 17  -  Thomson chief Alain Gomez is a driven, hyperintense man who contends that the Japanese have not been fighting fair in the global corporate arena. He talks to Steven Greenhouse Steven Greenhouse NYT ALAJN GOMEZ is an unlikely candidate to be the saviour of America's consumer electronics industry.
      NYT  -  1,750 words
  • Page 16 Advertisements
    • 254 16 M MIL J llj I 1 I- I mM > In The Property Market, I 1 TT 7 ST One Name Really Shapes Up. 1 V-'yt; m V I i y S .jl 'i I -ii.: I j s At Knight Frank Cheong Hock Chye and services like compulsory acquisition,
      254 words

  • Page 17 Advertisements
    • 124 17 JMaamsf,:/' -z mw'*:m r iJp|fea^WH» If A MEASURE OF ACHIEVEMENT. dp A£X-W r M^' h'l/n-rml j. C hina, t.te rntp\t 1 ■:sihh- indimt itm ofu ftrrson s \tutus j (is the 4 v tjjicml robe, /his beautifully emhrnitleretl t-- J is, m fait, a measure 0/ the NOTHING SAYS AS
      124 words

  • Page 18 Advertisements
    • 187 18 W WHERE TO WINE, DINE AND ENTERTAIN.. WHERE TO WINE, DINE ANDTEWTCRTAIN WHERE TO WINE, PINE... I Some like it hot. </ain#j 7i f yV;*^'- V >. Spicv Szechuan dishes served at lunch and dinner dailv in (he cool, inviting atmosphere of Szechuan Court. r Reservation, .130 8310 or 338
      187 words
    • 402 18 HWT SNGAPORE PPOUDCY PRESENTS The Best of the RARRON KNIGHTS THE VERY SUCCESSFUL INTERNATIONAL COMEDY ACT MONDAY, 1 OCTOBER 1990 TUESDAY, 2 OCTOBER 1990 at the Crystal Ballroom, 2nd floor DINNER AND SHOW $65.00 NETT PER PERSON CONCERT $30.00 NETT PER PERSON (LIMITED SEATS ONLY) Pre-dinner cocktoHs 7.30 Dinner 800
      402 words
    • 295 18 T» /^.VaoSEFre^ t <g Come lor Japanese "Jzl s*sk~~~ LreaLs and win J f hbulous prizes: Return J| J air-lickel lo Tbkyo. V J /< r Microwave oven. Mini W J Brs. I I compo sel. Yaohan gift f I vouchers and more... •Menu dtancn regularly Cafe Plaza I PLAZAHgim,
      295 words
    • 368 18 WE'VE JUST BRED A NEW WINNER at The Stables ■KBgr' Jjß r Mr The Businessmen's Derby Lunch i A delectable choicc of appetiaers and soup. foUowed closely by your pick from Hvc delightful main dishes and a selection of desserts Finish sow o**m» with coffee or tea. Only $29.00+ Closed
      368 words
  • Page 18 Miscellaneous
    • 660 18 TELEVISION AND RADIO £-A itriss grists tts ass—™ WE -A Woman in tne House Iti sHr^T Who Goes Home? (See Our 10 JO Tuesday Praariara The E,- fjo Malaysia Mat SJ5*», mMLJ' i—ill—M.l!lJ— cho.ee ep 1). ger Sanction (See Our 10.00 Warkl Newt (M). 5JOp«, 3.25 m: Financial News Br***-
      660 words

  • LIFESTYLE
    • 987 19  -  Michael Kuchwara looks at what Broadway has to offer in the upcoming theatre season as Matt Wolf discusses new offerings on the London stage Michael Kuchwara Matt Wolf AP THE NEW Broadway season doesn't get under way until early October, a little later than usual, but already
      AP  -  987 words
    • 677 19 AP CURRENT AFFAIRS dominate the new plays, and Joan Collins and the Redgrave family are lending stardust to the revivals on the London stage this typically busy fall season. Collins returns to the theatre tomorrow to play the barbed divorcee Amanda in Noel Coward's Private Lives.
      AP  -  677 words
    • 491 19 BILL COSBY may face a television challenge from the Simpsons cartoon family this fall, but he leads all entertainers in the money-making ratings, according to Forbes magazine. Cosby topped the business magazine's list of the world's 40 richest entertainers with US$l IS million
      491 words
  • Page 19 Advertisements
    • 260 19 AND ENTERTAIN f' 1 i i "There's More To Brussels Than Sprouts." Chef Pierrot van Hauwermeiren BELGIAN fMj GASTKONOMJQUE m-„. FAi* SETT JTO 11 I K I BUSINESSMAIsTS LUNCHEON: 1)1.30 Jkf re* PERSON I UNOONTO2JOPM DINNER 7PM TO HBHHHHIIO 30PM. From September 5 to 18, Brussels' famous Chef Pierrot van
      260 words
    • 113 19 4®> TnAII/A Restaurant and I KUII\/i Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Houis iMnck Karaoke Hours Mondays to Saturdays 1130 am to 230pm 7.00pm to 2.00 am Dinner. Mondays to
      113 words

  • SPORTS
    • 377 20 AP PATTY SHEEHAN, who los{ the US Open when she blew a nine-shot lead, made a huge lead stand up on Sunday when she won the LPGA Safeco Classic by nine strokes. Sheehan opened the final round with a 10-stroke lead ands after shooting a 70,
      AP  -  377 words
    • 336 20 AFP WORLD champion Stephen Hendry, winner of seven major snooker titles last season, made a successful defence of his Masters title in his native Scotland on Sunday night when he beat Terry Griffiths of Wales for the second year. Super Scot Hendry scored a
      AFP  -  336 words
    • 315 20 AFP LOCAL HERO EUiott ran the fastest 1,500 m ever seen in Britain on Sunday, with Cram just behind in his quickest time for two years, as the two superstars tattled it out in one of the best races seen on
      AFP  -  315 words
    • SIDE LINES
      • 86 20 THE ANNUAL DHL Golf Challenge will be held today at the Tanah Merah Country Qub, Garden Course. For the thirdyear running, more than 100 top business executives in Singapore have participated in this 18-hok tournament. They will compete for valuable prizes including the
        86 words
      • 132 20 MICHAEL CHANG enters the Davis Cup semifinal competition in Vienna, Austria, this Friday on the heels of a 1-6, 6-1, 6-3 victory over Jay Beiger in the All American Tennis Championships. The match, delayed by rain for more than an hour before Chang won the final game,
        132 words
      • 118 20 GUY FORGET of France defeated No. 2-seeded Goran Ivanisevic of Yugoslavia 6-4, 6-3 in the title match of the Bordeaux tennis tournament on Sunday. Earlier in the week, Forget, ranked No. 19 in the world and seeded fourth in the tournament, wanted to withdraw from the
        118 words
      • 131 20 HORST SKOFF of Austria beat Sergi Bruguera of Spain in a gruelling two-and-a-half hour battle to win the Geneva Open tennis tournament on Sunday. The second-seeded Skoff defeated the sixth-seeded Bruguera 7-6, (10-8) 7-6 (7-4) for his first title since 1988. Skoff said: "The longer
        131 words
  • Page 20 Advertisements
    • 222 20 I I I HOTEL MERIDIEN If It's high time you discovered the other side of Singapore. For years, you've probably put up your beckons to whisk your clients away to new clients in the heart of downtown Singapore. horizons. But while they're here in the lap of But may we
      222 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4499 21  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market took some heavy beating yesterday, with the Straits Times Industrials Index losing 30.1 points following weaker closes in Tokyo yesterday and New York last Friday. The sharp across-the-board fall in share prices
      4,499 words

  • 3799 22 Main Board Spore Bus 500 474 +4 +0.9* FAN Wt 113 +2 +1.8% McUiock 23* 286 +1 +0.4* Bwnadco 199 +1 +0.9% First Capital 128 +1 +0.8* dob High A Low SO* 210 +6 +2.9* Cons Plant SO* 164 +1 +0.6* Main Board FAN Wt
    3,799 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3673 23 Bernama SHARE PRICES on the Kuala Lumpur stock market finished lower across the board yesterday on lack of buying interest in cautious trading. Dealers said prices weakened from the outset following last Friday's losses on Wall Street. Yesterday's fall was the sharpest on the
      Bernama  -  3,673 words
  • Page 23 Advertisements

  • BT SHARE INFORMATION SERVICE
    • 108 24 CiiMy Bate Y«ar Imp Nat Nat Mrniags Gross mm to prvftt/kss (L) p* skm dlvkt«nd ('004) (canto) I Cement Sap 10 Mar 90 $1,771(11.0191) 5 0(—) 2.5(0.5) PtvMn Sep 8 Mar 90 M$4,1261 ($2.5641) Sd Dredj Sep 8 Mar 90 M$725<$3.907L) 04(-) 2(1) MC8 HMp Sep 5 Mac
      108 words
    • 166 24 Commit Bate Ymt Grwp pro-tax N«t Minings Crass MM to pr«flt/lMS (L) par slur* dividend COM) (cants) First Capital Sm II Jun 90 $19,147($12.618|) 7.2(5.4) 1(1) FAi Ins Sep 12 Jun 90 A$31,642($95,950) 8.0(27.1) 90(90) Keniayan Sm 5 May 90 M$l,505($5.224) 0.7(2.2) 1.5(1.5) CoM Storac* Sm 4 90
      166 words
    • 642 24 Date Half-year 6 ran# pre-tax I at aria aaa la araflt/kts (L) dhrMaad COOO) Inchcape Sap 15 Jun 90 $56,938(157.742) 10(25) Hanmau Sep 14 Jun 90 $684(11.798) Hind Hot* Sap 14 Jun 90 $1,789($224) Nat Mi Sap 14 Jun 90 $750($673) 3TE(3TE) H Leone f» Sap 13 Jun
      642 words
    • 296 24 Sep 14 Amalgamated Steel Mb Bhd entered into a conditional agreement to purchase four miHion shares of MJI each in Klang Securities Sdn Bhd, a licensed stockbroking firm, for MJl2m at Ms 3 per share. Lm Kim Tali's J4b housing protect in India has been delayed because of
      296 words
    • 951 24 Currant Ex Mu Date Tata! tor TataJ tor PiP'rt date cteM payaMa tea yar last yar Hn Mdp 6% Aug 28 Sep 7 Sep 26 6% 61 Mm 2.5% Sep 14 Sep 28 Oct 27 2.5% 2% 10% Sep 21 Oct 5 Nov 1 10% 7.5%(i) 7.5%TE(I) Oct
      951 words
    • 490 24 Company Rights to— Horn One-tor 4wc ft MS1.00 per stive Issue of 40m Cumutotwe Redeemable Prfterena Share oI MS010 each at MSI pat share with 10m detadafate TSK. One-tor tour ft MS2.00 par shart Cawwaytov Caprtal reducbon scheme to reduce par »alue of share from $1 00 to
      490 words
    • 339 24 Stogapara Stocks Last FmN Year Cmpay NM Date Tor Net EPS Grots Net last m t ooo Lmh| Hm( Wenm Mar 30 Dec 89 5351(h) EMS Interim Apr 26 U 90 9 3(a) 2JTE(a) 4,747 FM Intenm Jim 23 Sep 90 35.6 140 62.868 Ancd Wenm Ai« 11
      339 words
    • 417 24 Company Rights Issue MmIU Oxygen One-tor one fe MSO 80 per start fcghts issue of $1.00 rami amount of 5% Redeemable Unsecured Loan Slock 1990/1995 with one Transfer aMe Subscnpbon nghts tor every two aistmg shares held Ex-datr A*« 23 Books dose Sep 6 Acceptance t Payment Oct
      417 words
    • 673 24 BONDS, LOANS WARRANTS Ciafary Cwinlw p«M Cwwerriee tnra far mm >r<ni> akara C4C m Mere 26/4/93 1 warrant ptes (3.09 cash Caaaeway LMi c—away m 2/10/19 to 20/10/94 1 warrant pin $1 cask or 1 warrant pie $1 nominal amount of loan slock. Cham Bp Mm Ctam. H* IR Hardi
      673 words
  • Page 24 Advertisements
    • 492 24 >$m*<"- jrWjILIHS JU»" 1 > wmn' iiiv^H^^^^Hr Twotpenses at hand. RvvVXr^^l JBK^j' r MEMBsS Sw Say gpodbye to messy lists and lost expense slips type everything in quickly with the QWERTY keyboard Because the ZQ- 5300 M has a built-in Time Expense Other features: 64 KB memory Calendar, schedule Manager
      492 words

  • TOKYO STOCK EXCHANGE
    • 2223 25 Reuter TOKYO SHARE prices closed broadly lower in very thin trade yesterday, depressed by a rise in the yield of the key 10-year Japanese government yen bond above 8.5 per cent, its highest level since November, 1982. Late session buying by investment trust
      Reuter  -  2,223 words
  • STOCK EXCHANGE OF HONGKONG
    • 2327 25 Reuter, AP HONGKONG'S Hang Seng index slumped 42.17 points to 3,019.87 in paltry trade yesterday as fund managers kept their hands in their pockets and local day-traders sought to sell whenever possible, brokers said. "No one in their right mind is going
      Reuter,; AP  -  2,327 words

  • REGIONAL STOCK MARKETS
    • Seoul stocks plunge to 33-month low
      • 816 26 THE Australian sharemarket limped to a weaker close in meagre turnover yesterday reflecting a lack of buying support from overseas investors. "Trade was being totally left to the locals," said Chris Murray from C S First Boston. The All Ordinaries index slipped 3.2 points to 1476.8. "Our market has
        816 words
      • 916 26 SEOUL STOCKS plummeted to a 33month low yesterday as investors, alarmed by the break through the 600 kyd on Saturday, tried to sell whatever aiafcks they still held in a mood marked by a total lack of optimism, brokers said. The composite stock index shed 24.3S to 566.27 after
        916 words
      • 450 26 MANILA SHARE prices fell further in light trading yesterday, slipping to a 39month low on the eve of talks between Manila and Washington on the future of US military bases in the country. The Manila Stock Exchange composite index fell 16.73 points to close at 625.57, the lowest level
        450 words
      • 313 26 NEW ZEALAND shares bucked the overseas trend to end higher yesterday on rumours of a trade union-govern-ment pact to keep wage settlements low. The Barclays Index estimate rose 22.70 points to 1,560.46 but turnover was very low. Rumours abounded earlier that the government and trade unions had reached an
        313 words
      • 374 26 TAIWAN stocks reversed early losses to finish higher yesterday as last-minute buying in the plastic sector lifted the index up. The weighted index ended 34.26 points, or 1.02 per cent, higher to close at 3,396.51. Turnover was a very light NTS 17.2 billion against NTS 19.56 bil- lion on
        374 words
      • 518 26 JAKARTA stock turnover jumped to 4.49 million shares yesterday from Friday's 1.33 million, but the composite index fell 6.01 points to 523.11. Inco and Bank Duta continual to dominate the regular market at 414,500 and 400,000 shares respectively. Inco dosed 150 rupiah lower at 6,850 and Duta fell 250
        518 words
      • 713 26 THE Thai stock market continued last week's plunge in thin trade yesterday on lingering uncertainty in the Gulf and on the local political front. The composite SET Index tumbled 57.50 points, or 7.6 per cent, to close at 702.48. Declines led advances 168 to two. Bangkok Bank, Siam City
        713 words
      • 41 26 Reuter BOMBAY share prices fell on Friday for the second trading day on fears that more brokers may be declared in default. The Bombay Stock Exchange (BSE) index lost 58.06 points to 1,228.19 and the national index 21.83 to 644.82.
        Reuter  -  41 words
      • 94 26 INDICES TURNOVER Ctaaa Sap 17 SYDNEY All Ordinaries Index 1476.8 1480.0 -3.2 Ail Industrials Index 2197.8 2203.7 -5.9 All Resources Index 914.8 915.9 -I.I Turnover (million) B A 114*1MM 45.70 70.05 -24.35 oAnuHOn SET Index 702.48 759.98 -57.50 Turnover (nearest *000) NA 7,875 JAKARTA Composite Index 523.11 529.12 -6.01 Turnover
        94 words
      • 301 26 S*14 Wortd |EAFE Europe Parifir Far East Australia Aiutria Rrtfpum Canada Denmark Franw* Germany Italy Japan Netherlands "New Zealand l Index 365.9 498.0 384.2 833.4 1081.4 305.0 496.5 381.5 360.9 755.7 72.5 450.7 249.7 .2229.0 437.4 1055.3 298.8 78.2 956.9 mcm c -0.8 -1.2 •1.4
        301 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 881 27  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen futures. WOW! What
      Chart by TeleTrac  -  881 words
    • 421 27 REPORTS THE US dollar yesterday held steady around its early lower levels during a quiet European morning session, but the Swiss franc and sterling held onto the bulk of gains made on safe haven buying, dealers said. "Nothing has changed towards the US dollar...but
      421 words
    • 1271 27 S1MEX fifftwtn um Open High Lw Sett Est Vol Op/lnt Voi Sep 90 91.89 91.90 91.89 91.90 1670 122% 2003 Dec 90 92.07 92.08 92.06 92.08 5686 ***** 5366 Mar 91 92.08 92.09 9107 92.08 1500 7644 1504 Jun 91 91.91 91.92 91.89 91.92 400 1899 345 Sep
      1,271 words
    • 387 27 Cross rates Sep 17 USS SS MS Dm Yen SFr AJ NZS US$ 1.7660 2.6940 1.5560 136.50 0.5236 1.2840 1.2019 1.5924 SS 0.5663 1.5255 0.8811 0.7729 0.2965 0.7271 0.6806 0.9017 MS 0.3712 65.55 0.5776 0.5067 0.1943 0.4766 0.4461 0.5911 Dm 0.6427 1.1350 1.7314 87.72 0.3365 0.8252 0.7724
      387 words
    • 553 27 Interbank rates ss Bid Offer Overnight 5 3/4 6 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 6-3/8 L'SS Bid Offer 7 days 8 1/16 8 3/16 1 month 8 1/8 8 1/4 2 months 8 1/16 8 3/16
      553 words

  • COMMODITIES
    • 397 28 Reuter MALAYSIA, a leading pepper producer, is seeking new markets in the United States, Eastern Europe and West Asia, a senior official of Malaysia's Pepper Board said. 'There is a low per capita consumption of pepper in these markets and we stand a good
      Reuter  -  397 words
    • 311 28 MBT THE trial of making paper from oil palm fronds conducted in Japan by the Palm Oil Research Institute of Malaysia has produced encouraging results. Porim director general Datuk Dr Abdul Halim Hassan said the institute plans to set up a
      MBT  -  311 words
    • 847 28 REPORTS THE price of tin rose 10 sen to M 515.34 per kg on the Kuala Lumpur Tin Market yesterday following the better performance on the London Metal Exchange last Friday. Dealers said the price rise could also be attributed to
      847 words
  • 1284 28 Rubber scpi? S CCTtl/kf Noon Clot Int 1 RSS Prompt I5S.7V156.75N 154.7VI55.75N Inl I RSS Oct 90 I56.2VI56.75 155.2VI55.75N Int I RSS Nov 157.0CV 157.50 156.00/156.SON Int 2 RSS OP I51.00/I53 00N I50.2VI52.25N Int 3 RSS OP 146.50/148.SON I45.7VI47.7SN Int 4 RSS OP 142.30/144.SON I4I.7V143.75N Int 5 RSS OP
    1,284 words
  • Page 28 Advertisements
    • 928 28 NOTICES NAP ELECTRICAL ENGINEERING PTE LTD. (IN MEMBERS' VOLUNTARY WINDING-UP) NOTICE IS HERESY GIVEN that pursuant to Section 308(1) of the Companies Act. Cap a Snal general mealing of t» members of the abowenamed Company wiN be held at 150 Cecil Street *06-03 Wing On Lite Building. Singapore 0106 on
      928 words
    • 558 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 HAI KIAT ENTERPRISE PTE. LTD. (In Voluntarily Liquidation) At an Extraordinary General Meeting of the members of HAI KIAT ENTERPRISE PTE. LTD. duly convened and held at 1-A Coldstream Avenue. Singapore 1545 on the 17 day of September 1990. the following
      558 words
    • 15 28 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words

  • THE TRAVEL PAGE
    • 1002 29 at) FlgM ETA FVgM E10 CHy Flgfct FT* FW<M ETO M« Maki GA893 1045 GA892 0010 IUwta 2515 8(3102 0730 GA886 0010 MHoJU SQ103 0950 MH604 0700 r* MH605 l0 20 SQ 104 0830 SQ105 1050 MH670 0950 MWl SQ226 2035 QF82 2200 SQ107 1305 SQ106
      1,002 words
    • 806 29  -  POSTCARD FROM SANTIAGO By Angela Wigglesworth There are 93 different kinds of trees growing in Santiago and if that is a record for city trees, then the town could also probably make a claim for its buses which trundle in their hundreds
      806 words
    • 153 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4530 1.4750 Canadian dollar 1.505 1.525 NZ dollar 1.090 I.I 190 Sterling pound 3.340 3.370 US dollar 1.7625 1.7725 Local dollars to 100 wits of fortiga cwrency Austrian schilling 15.80
      153 words
    • 196 29 Duration Title Venue Organiser Td Duration Title Venue Onaniaer Tel Sep 19-24 International Italy COS MIT 2/*****61 Oct 14-18 Health Care Saudi Arabia Riyadh I/454I44S Lighting Hospital. Supplies Exhibition* Co Exhibition A Medical Ltd Sep 24-30 International Bulgan. Foire 1/*****146 Equipment Show Technical Fair Internationale Cta is.20
      196 words
  • Page 29 Advertisements
    • 45 29 LiU. xAy^ 'Ihe pcrv>n'» choice ott'. lucsJiv. I I I lhurv!.i..Viturili\ irutsiiiubi. I cjv< lungi I I II Nirport .1! ll '.'t buur- ind .it I oj;jn X Inttrr. ition.ii Xirport the I.<ll.>wJ.»\. A [I i. k t! H Vi; I-:.- li All: Air Canada
      45 words
    • 153 29 I An exclusive treat for Diners Club Cardmembers. /f3b This September, Diners Club Cardmembers are in for an exotic treat: for every meal \y above $50 charged to the Diners Club Card at TRAtER VK'S the Trader Vic's, members will receive a Of SAN FRANCISCO ,Level 5) complimentary 'Diners Platter
      153 words
  • Page 29 Miscellaneous
    • 297 29 9 Coming from Laos as well Lm 10 Many on course acting toRodney, included one MM j|H~ shaped like anchor-ring (6) VI 12 Long boa squirming in Ita--16 Find time before the event vT~ 18 Georgia back with artil- Jh Bl leryman in India (4) 21 I I r 3
      297 words
    • 210 29 Singapore Outlook: Showers over several areas in the morning. Report: Ma* temp. 32.7 C Assoc humidity 65% Min temp. 26.8* C Assoc humidity 90% Hrs of sunshine 7.50 Rainfall in mm Nil Rainfall this mth 85.9 Rainy days this mth 8 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 15/09 Showers Bangkok
      210 words
    • 18 29 Tms Tiwe Ne*"r ueex joncs wu. Be back... those snaps A: C EVENING STANOARO CO. LTD., IM2-IMO 8263
      18 words

  • 383 30  -  From Suzanne Soh in Jakarta BATAM needs long-term investors, not speculators, said Indonesia's Minister for Research and Technology Dr B J Habibie yesterday. Batam is part of Indonesia and most of the island's investment comes from Indonesians, he said at the opening of
    383 words
  • 189 30 FOREIGNERS who are not investors or Batam residents cannot register their purchases of Batam residential properties with the Indonesian authorities, the chief executive officer of Batam Industrial Development Authority (Bida) said yesterday. These "non-qualifying" foreigners buy Batam residential properties at their own risk,
    189 words
  • 401 30 AFP INDIAN Prime Minister Vishwanath Pratap Singh said yesterday a change of government in India was a "distinct possibility" as a result of a major political ally casting doubt on its continued support for him. "This (a change of government) is
    AFP  -  401 words
  • 208 30 Bernama THE JOHOR STATE government has decided to freeze the land value in Gelang Patah, the proposed site of the second link to Singapore, effective Oct I to stop land speculation. Menteri Besar Tan Sri Haji Muhyiddin said yesterday the
    Bernama  -  208 words
  • 239 30 JURONG Town Corporation (JTC) yesterday said that its move to incorporate two wholly-owned subsidiaries to manage its recreational facilities and some industrial estates could lead to eventual privatisation of the two companies. A JTC statement released yesterday confirmed an earlier BT report on possible privatisation
    239 words
  • 695 30  -  The Bottom Line DAVID GABRIEL DAVID GABRIEL David Gabriel is a senior correspondent with BT HIGHER FEES in some independent schools are bound to be unpopular with a majority of parents. At first glance, it does seem a lot to move fees
    695 words
  • Page 30 Advertisements
    • 77 30 PiageT KMILUFM EN HMWGERIE DEIIJISIB74 GENfiVE Ofc 5 u- asi tS 4s 0fte Qxecutm $£unck is sc/ifcd rfotfy. cXfie menu changes to gife on inte/testing cfcoice to disc/iiwinating gou/wets. a 0a ca/itc is afeo ai/aifabfe du/iing Cunch and d'me/t. *^aui(y p/ticcd at $16.50 Open Daily: Moon -2.30 pm 7 pm-
      77 words
    • 33 30 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! Complete facilities telex, fax copier word processing, secretarial services, conference room, answering service, long snort term lease you name it!
      33 words
    • 154 30 PiageT JQAILUER EN HORUOGERIE DEPUISIB74 GENEVE Dauphin Sitzrultur Such a perfect bacr should be ADMIRED, NOT CAUSE PAIN! Reception areas, visitors' rooms, conference rooms, these are the areas re fl ec the attitude of a your company. The Dauphin I Congress Line system, from West jl Germany combining beauty and
      154 words

  • Shipping Times
    • 419 31  -  By A J Leow NATIONAL CARRIER Neptune Orient Lines is currently scouting shipyards in the Far East to order up to five new containerships, likely for its US services. Although NOL officials have been reported to be making enquiries with both
      419 words
    • 295 31 Bernama THE Malaysian transport ministry will take steps to seek restoration of the status of Penang port as a base port from the Far East Freight Conference (FEFC), which downgraded it to a feeder port. Transport minister Datuk Sen Dr
      Bernama  -  295 words
    • 123 31 Yangming studying EuropeFar East-US tie-up TAIWAN'S Yangming Line has revealed that it is exploring several options for teaming up with another line on its Europe-Far East-US pendulum service. "We do have several plans under study," Oliver Yu, Yangming vice-president told Seatrade Week. Mr Yu said Hanjin was just one of
      123 words
    • 320 31 MORE PROPOSALS made by the private sector to take on Thailand's ambitious telecommunications satellite project have further delayed the country's plans for its own satellite. The latest is the Shinawatra Computer Group, which earlier this month added Singapore Telecom International as one of
      320 words
    • 282 31  -  By Sangeeta Mulchand SOME of the world's major airlines have resumed full operations to Dubai. "Flights to, from and through Dubai have been restored to levels that existed before the invasion of Kuwait on Aug 2, and in some cases increased," the Dubai Commerce
      282 words
    • 192 31 AP CHINA has won orders to export six of its 17-seat, twinturboprop Yun-12s to three Asian countries by the end of the year, the China Daily said. China clinched orders for the six planes in the last three months, with three Yun-12s going
      AP  -  192 words
    • 163 31 Reuter SOUTH KOREA and China have started a regular car ferry service between Inchon, west of Seoul, and Weihai in Shandong province, maritime officials said. Six South Korean firms and two Chinese firms set up Weidong Ferry Co Ltd to provide the service launched
      Reuter  -  163 words
    • 442 31  -  From Rahita Elias in TAIPEI PRIVATE Taiwanese carrier Foshing Airlines is spreading its wings beyond the "unprofitable" domestic market with chartered services to the Far East from next year. The airline, which is investing US$9OO million on new planes, is likely to
      442 words
    • NEWS SUMMARY
      • 42 31 SINCE Ron GoCtshall was chosen five years ago to lead the TWRA, he has managed to turn around the moribund Pacific westbound conference. In the process, he often finds himself responding alone to criticisms from shippers Page 2
        42 words
      • 46 31 THE head of the US Federal Aviation Administration has classified as secret all new details about the performance of costly bomb detection devices whose capabilities have been widely questioned during a year of tests at several airports. Back Page
        46 words
      • 19 31 TELEFONICA, the Spanish telecommunications authority, is stepping up cooperation with US-based AT&T. Back Page
        19 words
      • 28 31 UN sanctions against Iraq are strangling Jordan's lifeline port of Aqaba, threatening the jobs of thousands of port workers and drivers Back Page
        28 words
      • 33 31 TRAFFIC at Madras port has increased so much over the last five years that the port authority is seriously considering a new satellite port at Ennore Back Page
        33 words
    • LOG BOOK
      • 102 32 MORE THAN 8,000 tonnes of palm oil bound for the Middle liast market had to be off-loaded from ships following the United Nations-sponsored naval blockade against Iraq. A Johor Port Authority spokesman said on Sunday that several tonnes of timber were also affected by
        102 words
      • 98 32 CSX unit, Sea-Land Service Inc, has agreed to work with two Soviet shipping companies to serve the Soviet market from Europe, the United States and other parts of the world. In a release received in New York, the company said that under the pact it
        98 words
      • 97 32 VAN Ommeren Ceteco has appointed Mr CJ van den Driest to be the new chairman of its board of management from Jan 1 next year to succeed Mr W H Brouwer, who retires at the end of the year. Mr van den Driest, 42, is a
        97 words
      • 72 32 THE Ocean Group has reported a 10.2 per cent increase in first-half pre-tax profits following strong demand for marine services. Pre-tax profits for the UK-based trading group rose from £20.5 million to £22.6 million (US$4l.B million) for the six months to June 30. Trading profits
        72 words
      • 71 32 BAHRAIN'S Asry Shipyard has bolstered its first-half operating profits by more than 30 per cent to US$5.4 million as shipowners seek to extend vessel lifespan. Turnover was 20 per cent higher at almost US$3O million for the Middle Eastern yard which had almost full dock occupancy.
        71 words
      • 83 32 PROFITS before allocations at Norwegian gas carrier specialist Kvaerner Shipping for the first eight months this year were up by more than 6 per cent compared with the same period in 1989. Interim accounts for the company, not yet approved by the board, show profits
        83 words
    • 1352 32 Since Ron Gottshall was chosen five years ago to lead the TWRA, he has managed to turn around the moribund Pacific westbound conference. In the process, he often finds himself responding alone to criticisms from shippers Lloyd's Maritime Asia YOU HAVE to be a certain kind
      Lloyd's Maritime Asia  -  1,352 words
    • 924 32 Sept 18-21: Third World Container Intermodal Congress, Copenhagen, Denmark. Sept 19-21: ICMES '90, Maritime systems integrity. Institute of Marine Engineers international conference, University of Newcastle upon Tyne. Sept 19-22: The Pacific International Multimodal, Lloyd's of London Press conference, San Francisco Marriott, 785 Market St, San Francisco, California. Sept
      924 words
    • 12399 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
      12,399 words
    • 3273 45 Coataineriine NV: Belsin I Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporatioa Philippiae: Calsource Shpg A Trdg Pte Ud (S) Ahreakiei Uner Service: Kim Shpg Trdg (S). Albatroa Sea-Air Service: Frata Shpg Pte Ltd
      3,273 words
    • 241 45 Abacus Covkn Td: 545-8011,448-6415. Ak Express Service Tel: 533-5771. Fax: *****44. Airborae Freight Corporation Td: 542-8844 Fax: *****16, *****80. AJS Supplier. Td: 748-6322 (2 lines), 747-7421. Fax: *****75. Cky-Link International Td: 344-3377. Fax: *****50 Clnstcr Link Supplies A Services Td: 296-5720. DHL International Td: 344-8911. Fax: 3454%!. DPE
      241 words
    • 1471 45 A hex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Artivnir Si imDOTf Td: 542-7822 Fax: *****20. Aerotink Freight laterantioanl Td: 545-8033. Fax: *****05. Tel: 542-5911. Fax: *****18. Air Cargo Now Express Tet 542-5454. Fax: *****06. Air Exnress International Td: 542-7666. Fax: *****74, *****50.
      1,471 words
    • 2909 46 ARGENTINA Bmh Aires: Pott busy for generals; 1-2 days berthing delay expected for new arrivals; buoys in channel continue to be defective so 2 pilots frequently used at night; night navigation still prohibited in Martin Garcia channel for vessels more than 17 ft draft. Saa Loreaz Four vessels
      2,909 words
    • 661 46 SHIP SALES TANKER RATES Reuter. AFP SECONDHAND tonnage brokers reported the sale of seven 1984-built chemical tankers to Scandinavian interests for around US$7 million each. One concern acquired the South Navigator, (6,791 dwt), Oceania Glory (6,748 dwt), Golden Navigator (6,715 dwt) and Andreas Z (6,721 dwt). Another buyer secured the
      Reuter.; AFP  -  661 words
    • 534 46 mmmmmm •mmmmmmaammtmm ARRIVALS DEPARTURES Op Might Tm ETA From o» Flight Tyr* ETD To TODAY TODAY KAL KE697 B747F 0I5S SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANO JAL JL6I7 B747F 0345 NRT ORD/LCK/ CLX CV797I B747F 2115 LUX/DXB/KUL BOS SIA SQ802 B747F
      534 words
    • 298 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Nan* of Vessel ETA FTP Port AgM Ports rf Calls SEPTEMBER 21 21 Occan Pearl 0700 1600 Reefer Lines OCTOBER 02 02 Song of Flower 0800 2200 Neptune Agencies Sm-Senbu-Semarang-Bali-Semarang-Senbu-Sin 03 03 Royal Viking Sea 1100 2359 Barwil Agencies Sin-Bangkok-Sin 09 09 Royal
      298 words
    • 527 47 fend toy No BarKi UnM V«Ml toy No Berth Antral Departs Hnimi Wharves 1 K32 atongsrfe 20.09/1500 Beau Grace 1A K34 atongside 23.09/0600 hatxriiwa 27/90 K33 atongside 18.09/0600 benary OlON K29 atongside 17.09/1500 Kota Bertai 39/90 K31 atongside 18.09/0500 Trans Hw 2496 C09 atongside 17.09/0700 8ayswaterll8 ******
      527 words
    • 1169 47 RECEIVING Of EXPORT FCt CONTAINERS MID LCt CARGO Record Bockhe/Biwct fate Sty toy No Etb/Btr PwM Fran To From S V, hd. 13A 19/1900 3 18/0700 18/1159 18/1400 ta 4 18/1200 18/1159 18/1700 Rose 3A 20/1600 4 18/1200 18/1459 18/1700 Aken 206 20/1100 2 17/1700 18/0659 18/0900 4
      1,169 words
    • 319 47 Part Klam South Port on Sep 14: Entity berth 1; Global Jupiter berth 1; Stott Sceptre berth 2; Petro Bucklion berth 3; Kris Madura berth 3; Seng Soon Chew berth 4; Luconta berth 6: Hong Soon I berth 7. KCT: Wan Hai 202 berth 8; Swadaya berth
      319 words
    • 1005 47 CHARTERING on the dry cargo freight market was quietly firmer to unchanged, with the Baltic Freight Market Index (BR) up six points to 1,197, brokers said. Charterers paid up to U5521.25 for the US Gulf/Japan grain route, up from today's BR rate for the route of U5520.70 and
      1,005 words
    • 465 48 THE head of the US Federal Aviation Administration has classified as secret all new details about the performance of costly bomb detection devices whose capabilities have been widely questioned during a year of tests at several airports. US airlines, which the agency may
      465 words
    • 235 48 ,TELEFONICA, the Spanish telecommunications authority, is stepping up cooperation with US-based AT&T, the world's largest telecommunications equipment manufacturer and supplier. The closer links include Telefonica buying a 6 per cent stake in AT&T Network Systems International (NSI), headquartered in the Netherlands. AT&T-Network Systems International is
      235 words
    • 213 48  -  From Shirish Nadkarni in BOMBAY TRAFFIC at Madras port has increased so much over the last five years that the port authority is seriously considering a new satellite port at Ennore. Madras handled 18.14 million tonnes of cargo in financial year 1985/86, rising to
      213 words
    • 298 48 The Gulf Crisis Reuter UN sanctions against Iraq are strangling Jordan's lifeline port of Aqaba, threatening the jobs of thousands of port workers and drivers. "Jordan is the major loser in the whole area from the UN sanctions against Iraq," Bassam Rakish,
      Reuter  -  298 words
    • 208 48 Reuter THE international naval buildup in the Gulf since Iraq's invasion of Kuwait six weeks ago pushed Egypt's Suez Canal revenues up sharply in August. A Suez Canal official said 1,492 ships passed through the canal last month, SO more than a
      Reuter  -  208 words
  • Page 31 Advertisements
    • 179 31 SSWEE HENG METAL CO PIE LTD U TUA3 Ave 14. SINGAPORE 22H TELEX R3 ***** SMMCPL TEL: Ml 5*55 ISHmI TmFAX:MI mt vxxtcvn rem tarUlM ton 1 cZTTtn MALATSU OMMI *IPG rnMj!mm" <MMnA EOtlM usiv«w Wershouee TrvxM *#«<*» Also buy. Mfl.ranWtrapa* mush oesion mnovation a German quality enomeermg tar Forwarders
      179 words

  • Page 32 Advertisements
    • 88 32 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words

  • Page 33 Advertisements
    • 1925 33 jardine shipping agencies tllßf# 200 Cantonment Road #12 05 Southpomt. Smppore 0208 All IF# Tel 221(011 TELEX NO RS ***** f IIIIIH terminaucfs t«i *****18 220 I* CtEdj 'I bookings iei *****34 23s L VyM# J PESAKA JAROINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** HHHH
      1,925 words
    • 961 33 INDEX TOMWKIISERS Page Col Col ~j[ M'sia Shpg Corp 9 1/2 Mendelssohn 4 4/5 ABC Containerline 13 5 Mercury Line 12 2 Accord Shpg 8 1-3 «MOL 18 4/5 Albatros Sea-Air 14 5 MOSK (Forest) 5 5 APC Line 14 4 Mutiara Samudra 18 I APL 5 3-5 Myanma 9
      961 words
    • 2034 33 Vw»#l Voy ETA I ETO 'Port *P*nanQ DESTINATIONS Singapore Kelang Thit «M Man* M Ckxang TMrw F«M« by o*oo MRS y F.rco k Mi HM I CFS 24/9 2350 MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MON TOB MARIE M 9002 25/9 26/9 20/9
      2,034 words

  • Page 34 Advertisements
    • 1166 34 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARDIGAN BAY 97/511 20/9 15/10 9/10 11/10 8/10 14/10 TOKIO EXPRESS 95/514 23/9 10/10 13/10 15/10 BREMEN EXPRESS 98/515 27/9 22/10 18/10 18/10 15/10 21/10 BENAVON 96/518 30/9 17/10 20/10 22/10 KATSURAGI 02/517 4/10 29/10 23/10 25/10
      1,166 words
    • 524 34 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT SEASPAC I 28/9 12/10 17/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 30/10 31/10 3/11 Also acuptint Cargo to Callao (Pare) via Valpt Agents: SINGAPORE: *****56 VS. JAYA: 03-*****25
      524 words
    • 1466 34 ra«•BA8lA sugars REGULAR INDEPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LMA (VIA (VIA (VIA ALG) ROT) HAM) N SINGA 9029-3 21/09 12/10 14 10 17/10 19/10 22 10 21/10 23/10 24/10 N. AL MUNTAZAH 9030-3 ?B'o9 19/10 21/10 24/10 26/10 29/10
      1,466 words

  • Page 35 Advertisements
    • 1707 35 £SSteamers Maritime Holdings Ltd Wrf P&O I m m STRAITS SHIPP NGI TOk containers jgj ACCEPTS out SAILS Ml Ik P Klang Sport S'ten H'buri ffhaven R'deie Lt« CARGO CAROKAftBAY W/Sll BAN 17/08 21*09 15(10 o*lo 11/10 o*lo I*lo Ultf Hint M.r, KB Da. I* 111 PI 19 Sea TOKiO
      1,707 words
    • 1631 35 *Vi cvnvrc iw. cAH BMJ SP LN ROM NAM B'HVN FIX SPONE HK MO KM Ml HANJIN FELIXSTOWE 004W 22/9 llftt IIJU U|U U/U IVH CHOYANG SUCCESS OIOE 1/10 «/M S/10 l|U 11/11. CHOYANG PARK 010* 2*5 17/10 11/10 I*lo 20(10 22/ M HANJIN HAMBURG 00K 11/ M IS/M I*lo
      1,631 words
    • 51 35 »UM vmm PTL LTB. 20-09, Tang Eng Mdg. 101 GmM Sl S'poft 010*. Tali *****12, *****13, *****36. 4BHMH Talau RS ***** Po* *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA SRI ARIKA 21/22 SEPT KUCHING, SI BO SENG lEONG 22/23 SEPT P. KELANC SENG HING U!77 SEPT PCNANG HAMIOAH 21/27 SEPT SIBU.
      51 words
    • 390 35 aj^HH STRAITS/ MPMI/ STRAITS SEJMCt SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN AMBALIKA COSMtC ASIAN CLIPPER TRADER STAR VOY NO IS 57 12 11$ Vnn In PI hi Pt 29/9 1/M P. MUnj WW 27/1 11/11 fw* an Honf Kong Yokohama 11/10 *»foyi WW 15/lfl Ouki VM Sanboku 12/u KmIIIM
      390 words

  • Page 36 Advertisements
    • 583 36 f.T. mum uiii. M. ffsuM urn CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE vsuvoy spout ray h burg brencn Antwerp ■ATMMWZ7WB 23 2V» a/10 JKM 2/11 TXST 10-LV-O l«fll 11/n 22/11 m SRIWIJAYA/30W8 fl-Wl I*H 2301 2*ll JOfll FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO MbfKl to Muomt Atao anpftig cargo
      583 words
    • 713 36 I fuY HANJIN SHIPPING 1 Uy <T FULL CONTAINER SERVICE MW rrtn FEEDER VSL HAUL LAX OAK M _5J5* l fJJ" HANJIN OAKLANO MM W SEATTLE RUE IV* 14/14 NAAJ4W FELIXSTORK WMI 2Z£ W 0 2/W 14/10 W0 cmtang jucCESJ MM 1/M N KUNSAN MM 2«/ l» W» CHOTAIIC PARK
      713 words
    • 1200 36 jll I I, I I I M ifc A """l 1 I I IPW. KPMM KS6 KLC fUS MKT OK SB TYO LAX CM BAL NTC LNV W( MFU« W I ICATNER «-OJ IIK W 8H W l/« VM 'fit W» I*ll 11/ M 4/11 l/U IVU lifl) l«U W
      1,200 words

  • Page 37 Advertisements
    • 1561 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NFPI INF BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0, J.Bahru-(07)
      1,561 words
    • 1131 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SFO*l I MANILA HXONC VOYAGE SPOM TkIAM HUM rtUVEN TNJURT *OTT ANTWERP KM
      1,131 words

  • Page 38 Advertisements
    • 1457 38 I L, IN E KAWASAKI KISEN.KAISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST "7/ IMPORT N. AMERICA PACIFIC SOUTH-WEST aa. rr r [slmaffsw rs. as si. z, ESf ra* $E& T is 111 QUEEN'S WAY BRIDGE 7 2*9 27/9 2*9 HENRY H BRIDGE 31 21/10 24/10 2*lo 29/10 "KJ "2" Jg
      1,457 words
    • 1062 38 vim PHIU-OMCNT UN€S PTC LTD 106 ROBINSON ROAO #07-00 GMG BUILDING SINGAPORE 0106 TEI *****22/*****69/*****00 TELEX: RS ***** PHMJ FAX *****76/*****38 s&f BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 22 SEPT Montreal, Ottawa, toronto, 20 SEPT DUBAI, DAMMAN, SHARJAH,
      1,062 words

  • Page 39 Advertisements
    • 1681 39 Sag JEPm# PACIFIC INTERNATIONAL LINES (PTE) LTD m JfeV PIL Building, 140 Cecit Street *03-00, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN FOCN 9030 20/9 2379 20/9 KOTA SINGA 27N 21/9 24/9 2S/9 HOT A MELATI IMB 21/9 23/10
      1,681 words
    • 1174 39 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint I>A Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOY SPOfIE PKLANG SHAMPTON HAMBURG BHAVEN R DAM LHAVRE 91/512 iiTpt Via Tex 4/10 6/10 8/10 Cardigan Bay 97/511 20/9 15/10 9/10 11/10 8/10 14/10
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    • 318 39 M MYANMA U FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf PGd| PAGAN VI6IW 20/22 SEP MAGWAY VIBW 24/Z7 SEP HPA-AN VISSW Hfl OCT MYOMAYWA VI3IW 05/ M OCT BANK UNI (A eonrlcoal Andrew Worshipping) Y' SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW
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  • Page 42 Advertisements
    • 811 42 AMliish-I INFS^N i—— INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX MV RDM ANT HBG RST TOKYO SEN «F0« 20/9 13/10 14/10 15/10 X 7/10 10/10 MECKLENBURG M 0 2»/9 20/10 22/10 21/10 23/10 20/10 ARABIAN SEN WFO43 02/10 24/10 25/10 20/10 20/10 30/10 GERMAN SEN
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    • 1288 42 CS2SESL, CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICE TO: FAR EAST PORT KELANG 28/9 5/10 MANILA 22/9 29/9 PENANG 28/9 5/10 BUSAN 25/9 5/10 BANGKOK 23/9 27/9 TOKYO 20/9 27/9 HONG KONG 21/9 24/9 YOKOHAMA 20/9 27/9 KAOHSIUNG 23/9 30/9 KOBE 20/9 26/9 KEELUNG 23/9 30/9 JAKARTA
      1,288 words
    • 135 42 LOADINC FOR LOADINC FOR BUENOS AIRES VESSEL SPORE CM DM BAIRES MVIOEO *10 STS VIT PACUA C ISABEL MVM IWIO 27/10 Ml 12,11 20(11 VMM 2 mostween i ir/ii mi w irru mu 21,12 V TBA DISCHARGING FM BRAZIL ONLY M Ml MU ME WSM TOR MM MR C ISABEL
      135 words
    • 1377 42 5? CHINA OCEAN SWPPWS COMPANY TEL *****00 1 "#Y5 R i R sfNCA H TORE B^ L 7 O,NG FULL CONTAINER LINER SERVICE TELEX^ S SStt° SH P CR NO: **********0 M CABLE: COSTARLINE General Agents: COSTAR SHIPPING PTE LTD VtSStL/VOY SCP FU NOT HAM AWT QKX VESSEL/VOY FU ROT
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  • Page 43 Advertisements
    • 781 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Deslns 22/9, 29/9 EUROPE all Ports 21/9. 28/9 BANGKOK 22/9, 25/9 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 26/9, 3/10 Port Ktlang Branch Tel: *****21/2/3 Fax: *****24 Ponang
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    • 259 43 Si RICHFIELD MARINE A6ENCIES (S) PTE LTD Si TEL: *****33 (12 Linos) rr-% FAX: *****15/*****03 fHj TELEX: RS ***** RISHIP (3 Linos) t\ ETHIOPIAN SHIPPING UNES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel I voy eta Iloawnq fo« SPORE NETSANET »55 30/10 OARESSAIAAM MOMBASA. DJIBOUTI ASSAB MASSAWA
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    • 798 43 tafcftP T- MASKAPAI pelayaran WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVIC* TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL BAHAGIA 99S 19/9
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    • 590 43 BANGKOK CEBU/MANILA |vo«. Ivsy tmwKm utmm 1 \msa jwar rww cau ■ai«a~ NANTA BHUM 07W Wad 19/9 Sat 22/9 KITI BHUM 3BS 210 *70 2RO SIRI BjjUMg 404N Fri 21/9 Mat. N/9 •SO ORIENT 39R gg 4P> W MAHA BHUM# 27N Sun 230 Wad 210 KITI BHUM MB VII 11/10
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    • 309 43 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! t NEXT VESSEL: mv tnt express* ETA 21/9/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vt) Ht» Fli H— Art fm/m* Lb THTEXPttSS llj» a/» 2/3 Ifl 2fl tl/f I HUDie
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  • Page 44 Advertisements
    • 1619 44 fjgfc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCLFOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISranHKH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK ITT PREMIER OB S Sjp 10 Oct Via NPL 12 Oct
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    • 1120 44 THONG SOON LINES PTE. LTD. J 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ima Kg 5 |*n warn m I eta |«t KIM SOON LI 37/90E 22
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  • Page 46 Advertisements
    • 12 46 .1 Tv I EXECUTIVE II JOBS 'I pHHHHH^HHHpBH BTniM II IkTi NjH
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    • 81 46 ISSSI kUkllPt/SiA. ftRCAKBULK service Mr VESSEL KRISSA SINGAPORE 12/10/90 OtuErrr Bulk Lime KKU SIN PKL DESTN YANNIS/***** SM Sid FLU/ANT/UK/NTS ACROPO US/***** SM SM SM FLU/ANT/UK/NTS SING A SKY/***** SM 18/9 FLU/ANT/UK/BFS VESSEL NAME m Lit LLC PKT»WIW SEAMAR IS/90 21/9 23/9 YANGON (BURMA) TOMOH SATU 4/90 25/9 YANGON (BURMA)
      81 words
    • 89 46 REGULAR CONVENTIONAL SERVICE TO CHINA Vessel S port P Gudang Pen Loading For QUANGSHUI In Pt HIiANGPU/SHANGHAI OADC In Pt 30/9 HUAWGW OA OOMG KAI SAO MO HAIMO/SHANTOU JIANCHANG InPt HUANGPU CHANGOU VlO 7/J0 HUANCW/SHANTOU LtOU 11/10 HUANGPU/XINGANG YUQING 20/10 11/10 HUANCPU/SHANGHAI ~SCHINDON TRADE FREIGHT SERVICES 47 BEACH RO. #05-06
      89 words
    • 40 46 «Tel: *****27 Fax: *****30 Tlx: RS INETCO VESSEL VQY wo. sm MAA cm. TIGER RIVER ioSCNB 26/09 02/10 ALCOR 1?8N 18/09 24/09 TIGER CREEK IO6CNB 27/09 06/10 ILOVIK 129N 23/09 30/09 TIGER RIVER 107CNB 10/10 17/10 ALCOR 130N 3V«_ 07/10
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  • Page 47 Miscellaneous
    • 437 47 TIDES AND WEATHER .mi TODAY'S TIDES (height in metres) HOUH 0000 0100 0200 0300 0400 0500 OSOO 0700 0100 0900 *****100 1200 ***************0 **********00 2100 2100 22M 2300 R 2.7 U 15 1.0 06 0.4 04 0.6 12 19 2.4 2.6 2.6 2.3 1.7 12 0* 0.7 0.7 19 1.5
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  • Page 48 Advertisements
    • 401 48 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL -MR- SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. i VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK 7WN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8
      401 words
    • 713 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI COMMANDER 20E 22/W 27/09 15/10 17/10 20/10 19/10 HYUNDAI CHALLENGER 3SW 14/08 17/01 WW 06/09 16/01 HYUNDAI PIONEER 35E 29/09 04/10 121X0
      713 words
    • 597 48 All SET Wffliiß IASHiHS CONTAINER LASHING EQUIPMENT TEL: *****92 TLX: RS ***** ALLASH FAX: *****61 rwjwhee toy PNC Pitt Mrtw Vu»l I SIN I LAX OAK NOU DM. NOR MEM NTC RUNCA KEMUNINC VI 14/0 AUICATOR fORTUNt VJgH I 24fl I 13/10 UflO !>/» MflT U/it ujj~ U/jl M/M OUR
      597 words