The Business Times, 21 September 1990

Microfilm: NL17108
Total Pages: 44
1 44 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday September 21 1990 75'
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  • NEWS SUMMARY
    • Article
      Olivetti plans to cut workforce further next year
      58 1 ITALIAN computer maker Olivetti is planning further cuts in its workforce in 1991. The company plans to cut "a few more thousand" jobs in addition to the 3,500 positions being eliminated this year, Olivetti managing director Vittorio Cassoni said in an interview
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    • Article
      Tracking suspects
      28 1 A data base that is used as an investigative tool is being developed in the US to help investigators track down insider trading suspects Page 2
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    • Article
      Shophouses sold
      29 1 THE Urban Redevelopment Authority (URA) has sold 14 shophouses in Chinatown to seven parties, three of whom are associated with veteran contractor Liu Cho Chit Page 2
      29 words
    • Article
      Seeking write-offs
      33 1 THE Philippines, pleading it cannot pay, has toughened its stance on debt relief, calling for a negotiated write-off of interest payments to commercial creditors for the next five years. Page 8
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    • Article
      Warfare looms
      29 1 ARGUMENTS that ended the Cambodian peace talks in Bangkok will soon be converted into spilled blood on the country's battlefields, diplomats and guerillas said yesterday Page 8
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    • Article
      No hasty moves urged
      40 1 THE International Monetary Fund (IMF) urged the US to refrain from hasty cuts in interest rates when its executive board discussed the US economic outlook earlier this month, international monetary sources said on Wednesday Page 9
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    • Article
      Unwavering stand
      43 1 THE president of the Bundesbank, Karl Otto Poehl, heid his ground on Wednesday in rejecting early moves towards European monetary union, keeping the central bank on a collision course with officials in Bonn who are pushing for rapid union Page 9
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    • Article
      Man's best friend
      30 1 CATS are leaping over dogs to become man's best friend. Is it because men's attitudes towards cats are changing, or because men themselves are changing? Page 15
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  • MARKETS SUMMARY
    • Article
      Dow down
      34 1 US BLUE CHIPS showed widespread losses yesterday in an atmosphere of gloom about the economic outlook. The Dow Jones average of 30 industrials fell 36.39 to 2,521.04 after one hour of trading.
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    • Article
      Footsie down
      44 1 THE London stock market took a dive yesterday afternoon, with the Footsie index of ICiO leading shares showing a 2.26 per cent drop over Wednesday's close. At 2:40 PM (1340 GMT) the Footsie was down 46.6 points over Wednesday's close at 2,019.2.
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    • Article
      NOL's flat results
      37 1 NEPTUNE ORIENT Lines has turned in flat results for the first half of the year, with group profit after tax and minority interests rising a mere 1.8 per cent to $34.39 million Page 3
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    • Article
      Making of a blue chip
      30 1 HOCK LOCK SIEW examines prospects for Juara Perkasa Corp Bhd which is set to be transformed by US giant RJ Reynolds Tobacco Co.. Page 3
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    • Article
      Request for money
      40 1 THE head of the US Federal bailout of the savings and loan industry asked Congress on Wednesday for USsloob to USsllob for the new fiscal year, which begins next month, to continue the rescue programme Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tbarsday Change BT-MGA 598.55 -3.00 Kuala Lumpur ....518.58 -6.60 Hongkong 2,984.54 3.59 Tokyo 23,602.98 -123.19 Sydney 1447.5 -2.4 Wednesday Chair New York 2,557.43 -13.86 London 2,065.8 +1.8
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    • Article
      CURRENCIES
      19 1 ExckangB ntn US$ S$ 1.7650 Yen S$ 1.2893 MS SS0.6537 rjtos Overnight 6 +1 3-montn 6 1/2 unch
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    • Article
      COMMODITIES
      34 1 London Gold PM fix USS386.95 US$0.45 S'porc Oct.... 153.00*/kg -2.50 Wsia Oct 237.50*/kg -2.00 KL Tin Turnover I04tonncs -29 Spot M$l5.35/kg -0.02 CnMit palm oil Turnover 313 lots -70 Oct M$674 /tonne -1.00
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  • Article, Illustration
    Specialist courts for white collar crime mooted
    654 1  -  Conference on the Regulation of the Markets By Amy Balan SINGAPORE'S leading commercial crime buster has outlined a case for specialist courts and specialist judges to deal with white collar crime. The dynamic changes in the marketplace, the complexity of issues, and the
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  • Article
    Lufthansa given rights to operate S'pore-Vietnam flight
    419 1  -  By A J Leow GERMAN carrier Lufthansa has been given the green light to operate the first scheduled air service between Singapore and Vietnam. Full rights have been given by the Civil Aviation Authority of Singapore to the airline to drop off and
    419 words
  • Article
    Lock icon Bush and Saddam exchange threats
    247 1 The Gulf crisis Agencies AMERICAN President George Bush vowed he was ready to take "additional steps" if the UN trade blockade and diplomacy failed to force Iraq out of Kuwait but Iraq's President Saddam Hussein said he was ready to wage war against the US
    Agencies  -  247 words
  • Article
    Staying ahead
    38 1 WHEN most airlines are aggressively pushing for new routes and destinations, Japan Airlines is looking inwards to grow. JAL's manager for route marketing (Asia, Oceania, International Passenger) explains. Plus: Plans to make Moscow its European hub.
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  • Article
    Lock icon World will escape recession: IMF
    607 1 IMF Report Reuter THE INVASION of Kuwait by Iraq and the jump in oil prices will weaken the global economy this year but not push it into recession, the IMF said on Wednesday. Unveiling a reworked report on the economy being prepared for the annual
    Reuter  -  607 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      235 1 I I *01-07 Orchard Emerald TcL- *****35 M W Tudor Court Shopping Qatlery (Ltvri t), Tci 7541*51 #01-10, Drift Orchard, Td. *****15 Dep« $ton»0t4)0 Orchard 1 NO COMEDY OF ERRORS 10 Arcralt Schedule 25 Money Market 23 World News 9 Commodes 24 fcpomi Co News 4 World Slock Markets 22
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      Page 1 Advertisements Column 2
      23 1 Sustaining output, Pg 9 500 foreign firms hit, Pi 9 Waiting for total collapse, Pg II Tankers deals falling through, Shipping Times 1
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    • Advertisement
      Page 1 Advertisements Column 3
      92 1 Better tools needed to detect market abuses, Pg 2 Shipping Times 1, 2 BALLY lAUY BOUTIQUE m SINGAPORE Show Centre/Raffles City/Royal HokJoy Inn BALLY AUTHORISED DEALERS Champton Shoe Co Chanrot« anqaoof A Branch iseton ft Branches Jet Wind Department Store Le Oaelque ft Branches Met "ji il ft iSm h2«
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      Page 1 Advertisements Column 4
      33 1 I [HFDHIKs) I Quadruple Zoom+Auto TWo-Cotor. Other reports America: Prospects look good Europe: chaages wffl be strongly felt in rest of the world Asia: Derdopiag refloat set to lead the pack, P| 12
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        In the mainstream of science
        89 2 PRESIDENT Wee Kim Wee yesterday said that affiliations with such international bodies like the Royal College of Obstetricians and Gynaecologists will keep Singapore's postgraduate medical education on the right track, and in the mainstream of scientific information and technology. As orife of the overseas centres
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      • Article
        Visit by British trade mission
        50 2 THE BRITISH Engineering Industries Association (EIA) will be organising a trade mission for 14 companies to visit Stogapore from next Monday to Friday before going on to Indonesia. The mission will be led by EIA export director, Anna Small, and EIA trade director, Ken Baldry.
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      • Article
        New standards for ad industry
        97 2 THAM KHAI WOR, the group general manager (marketing) for Singapore Press Holdings (SPH), announced yesterday the standards that SPH will adopt and set for the advertising industry through AdNet. AdNet, SPH's computerised advertisement bookings and finance system, has been in use since the beginning of
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      • Article
        Showcase for SAFE Superstore
        57 2 SAFE Superstore, one of the largest electrical and electronics department stores in Singapore, will open its new showcase this Saturday at Sims Drive. BG (Res) George Yeo, Minister of State for Finance and Foreign Affairs, will be the guest-of-honour. The 24,000 sq feet showcase will house
        57 words
    • Article
      Better tools needed to detect market abuses
      558 2  -  Conference on Regulation of the Markets By Amy Balan IMAGINE a comprehensive data base of personal particulars of directors of companies including the schools they attended, even the dubs they now belong to. In the event of suspected insider trading, the relevant data
      558 words
    • Article, Illustration
      14 shophouses sold for $14.3m
      300 2  -  HI Lee Han Shih THE Urban Redevelopment Authority (URA) has sold 14 shophouses in Chinatown to seven parties, three of whom are associated with veteran contractor Liu Cho Chit. Tender results announced by the URA yesterday showed that it raked in some $14.3 million from
      300 words
    • Article
      KPI yet to take delivery of its oil
      295 2  -  By Conrad Raj TWO WEEKS after it said that it was to restart normal operations here, Kuwait Petroleum International has yet to take delivery of its oil from the Shell refinery in Singapore. This is because Shell still .has not received permission
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    • Article
      Petrochem industry concern over supply
      430 2  -  Br Loh Hui Yin IS HISTORY about to repeat itself in the international petrochemicals industry, where supply will outstrip demand when new projects come onstream in the next couple of years? This concern about possible over-capacity, which would lead to an industry downturn, like it
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      140 2 1 ih i MPS BANKING GROUP. A K- Eight banks with a common purpose: provide clients integrating regular the range products offered by Ks';> the MPS Banking pßHjiy J u foreign branches and representative offi- r ces in New York, London, Frankm' Br IB K-5B furt. Brussels. Moscow, Madrid. Tokyo,
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      NOL posts 1.8pc rise in profit at half time
      382 3  -  Bj Dexter Lee NEPTUNE ORIENT Lines has turned in flat results for the first half of the year, with group profit after tax and minority interests rising a mere 1.8 per cent to $34.39 million. At half time, the national carrier
      382 words
    • Article
      Lock icon Boustead group pre-tax profit down almost by half
      343 3 Bernama BOUSTEAD Holdings Bhd yesterday reported that its group pre-tax profit for the year ended June 30, 1990, declined by almost half to M 532.50 million from M 560.108 million the year before. Chairman RM Alias has expressed caution about the prospects
      Bernama  -  343 words
    • Article
      Lock icon Alias to quit as chairman
      80 3 Bernama RM ALIAS said yesterday he will be resigning as chairman of Boustead Holdings Bhd after the company's annual general meeting He said this was in view of Felda's recent sale of its shares in Boustead Holdings Bhd. In separate statements in announcing the results
      Bernama  -  80 words
    • Article
      American tobacco giant set to transform JPC
      550 3  -  THE HOCK LOCK SIEW COLUMN By William Chia FOR A COMPANY named strong champion in Bahasa Malaysia, Juara Perkasa Corporation Bhd (JPC) has hardly lived up to its name. Started in 1970 as a wholly-owned subsidiary of UK thread and yarn manufacturer Coats
      550 words
    • Article
      Bonvest results weighed down by Tonhow's
      321 3  -  By Lee Han Shih BONVEST HOLDINGS has announced a set of interim results which is somewhat affected by its loss-making subsidiary, Tonhow Industries. While group turnover and attributable profit have improved over the same period last year, a different picture emerged when the comparison
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    • COMPANY BRIEFS
      • Article
        Pan Pacific Pub profits rise 27 per cent
        54 3 PAN PACIFIC Publication Ltd, which was listed on Sesdaq in May this year, yesterday reported a group profit after tax and minority interests of $1.49 million for the year endqQ June 1990, up 27.1 per cent from 1988/89. Turnover rose 12.5 per
        54 words
      • Article
        OYL to open regional offices
        70 3 OYL INDUSTRIES Bhd, a leading Malaysian manufacturer of air-conditioners and refrigerators, is expected to increaae its export sales to the Asia-Pacific region through the opening of four new sales and marketing oftres in Hongkong, Singapore, Indonesia and Australia, chairman Tun Haji Ortiar Jr' n 9
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      • Article
        High & Low profits fall 45pc
        79 3 High Low profits fall 45pc HIGHLANDS and Lowlands Bhd's group pie-tax profit fell by 44.87 per cent to M$ 19.53 million for the half year ended June 30, 1990, from M 535.42 million in the 1989 corf©' sponding period. This was despite an 11.48 per cent rise in group turnover
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      • Article
        Bata (M) to build third plant
        63 3 BATA (MALAYSIA) Bhd will invest about MsB million to MS 10 million to build its third production plant to cattr foe the increased demand for footwear product, managing diDoctor Keith Weston said yesterday. The company is looking fyf a suitable piece of land outside
        63 words
      • Article
        BALGI profits jump 23pc
        59 3 BRITISH AMERICAN Life and General Insurance Bhd (BALGI) has reported a 23.6 per cent increase in group pre-tax profit to MJ3.93 million for the six months ended. June 30, 1990, against M 53.18 million in the previous corresponding period. This was achieved on a 5.8 per
        59 words
      • Article
        K Guthrie results down 55pc
        69 3 KUMPULAN Guthrie Bhd has announced a 55.7 per cent decline in its group pre-tax profit to M 532.85 million for the six months ended June 30, 1990, from M 574.12 million in the same period last year. Turnover fell slightly to M 5412.44 million from
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    • Article
      Lock icon Sapura Telecom gets listing approval
      152 3 Bemama SAPURA Telecommunications Bhd has obtained all relevant approvals for the listing of its shares on the main board of the Kuala Lumpur Stock Exchange. The company will be the second publicly-listed vehicle of the Sapura Holdings Sdn Bhd group of companies, the first being
      Bemama  -  152 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Skase promises to turn up at court hearing
        117 4 THE SUPREME COURT in Brisbane, Australia, yesterday allowed Christopher Skase, former chairman of the collapsed Qintex group, to keep his passport after the entrepreneur pledged to appear in court. Australia's corporate watchdog the National Companies and Securities Commission had the court to
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      • Article
        M'sians buy Auckland building
        94 4 A GROUP of Malaysian businessmen have paid between NZ$2O million and NZ$26 million (US$l2 million and US$l6 million) for a 16-floor office building in Auckland's central business district. Investment manager Alan McMahon of agents Jones Lang Wootton said late on Wednesday that details were subject to
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      • Article
        Prime bid won't hit New World
        90 4 HONGKONG hotel and property group New World Development Co Ltd will not be anected by the decision of US-based Prime Motor Inns Inc to file for protection under chapter 11 of the Federal bankruptcy code, brokers said. New World acquired much of the hotel
        90 words
      • Article
        Goodman to sell starch trade
        86 4 GOODMAN Fielder Wattie Ltd has agreed to sell two starch businesses in New South Wales and Victoria to Bunge (Australia) Ltd for an undisclosed sum. Goodman Fielder said: "There has been a need for some time to rationalise the starch business in Australia which has
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      • Article
        News Corp plans capital revamp
        52 4 THE NEWS Corp Ltd is planning to restructure its authorised capital. Chairman Richard Searby said: "There has been a series of discussions with the Australian Stock Exchange regarding the structure of the company's authorised capital, and an announcement of the proposed changes will be made
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      • Article
        Inco unit expects output to fall
        72 4 INCO Ltd's Indonesian subsidiary said it expects nickel production at its Soroako mine to fall by eight million lbs to 62 million lbs this year as a result of an explosion at one of its furnaces late last month. The explosion on Aug 31,
        72 words
    • Article, Illustration
      Lock icon NZ govt in plan to bail out foiled bank: report
      446 4 AFP, Reuter THE NEW Zealand government has reversed its previous hands-off role and is now part of a NZ$2.2 billion effort to pay off creditors of the collapsed DFC New Zealand merchant bank, press reports said in Wellington yesterday. Finance
      AFP,; Reuter  -  446 words
    • Article
      Lippo plans to control HK bank
      289 4 INDONESIA'S Lippo Group plans to take control of the Hongkong Chinese Bank as a springboard for its expansion efforts, the South China Morning Post reported on Wednesday. The group has a 65 per cent stake in the bank, which it acquired in 1984, and
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    • Article
      GT to go ahead with S'pore and Taiwan plans
      248 4 HONGKONG-BASED GT Management (Asia) is going ahead with plans to open offices in Taiwan and Singapore, despite falls in regional markets in the last month. Two new regional offices were announced on Tuesday by GT Management's worldwide managing director Peter Stevens
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    • Article, Illustration
      Sony's new Walkman
      50 4 Soay Corp irinted four new iribri andla tape (DAI) ■odds indadiag its first DAT Wdlaaaa at a New York press conference oa Wednesday. DAT players caa play and record sound wkh the high darity of cxNunact discs en cassettes two-thirds the size of standard analog i aswHn
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    • Article
      New twist to controversy over construction of Thai oil refineries
      540 4 THE CONTROVERSY surrounding construction of Thailand's oil refineries has taken another twist with the Subcommittee on Petroleum Policy suggesting a shareholding scheme that will complicate new and pending projects, according to a Bangkok Post report on Wednesday. The new arrangement
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    • Article
      Lock icon Aussie brokers divided over benefits of new computer system
      253 4 Reuter AUSTRALIAN stock exchanges are not what they used to be. Where onoe chalk-wielding youngsters scribbled on blackboards while floor traders shouted prices to them, computers now rule. Brokers sit in front of one of 500 multi-coloured screens throughout Australia, watching
      Reuter  -  253 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      467 4 and l^^inds A ?sB&>;."■< n w w 6 kM W J HQ B^IB Jfl Hujß V W^\gr~ Say goodbye 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,
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      Page 4 Advertisements Column 2
      85 4 n Personal touch. r~ Gracious living. j Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touchcs. Superb amenities for rccrealion, 4' i 1 entertainment, dining out and shopping a your doorstep. A choice location near exciting Orchard TRoad and the central business district. And most
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Daimler, Mitsubishi move closer
      441 5 Reuter TWO of the world's giant industrial groups, West Germany's Daimler-Benz AG and Japan's Mitsubishi group, have started to put some flesh on the global alliance they outlined in vague terms six months ago. Top officials of both groups announced agreement in Tokyo on Wednesday on
      Reuter  -  441 words
    • Article
      Lock icon Macy plans buyback to cut interest costs
      477 5 NYT GIANT RETAILER RH Macy Co is planning to buy a large chunk of its "junk bonds" to cut its US$6OO million in annual interest payments. The company has some US$4.7 billion in long-term debt, and an additional US$l billion in short-term borrowings
      NYT  -  477 words
    • Article
      Lock icon Tesco to continue rapid growth
      279 5 Reuter UK FOOD RETAILER Tesco ptc said it plans to continue its programme of rapid expansion and that a squeeze on consumers has failed to depress spending on food, despite cutbacks elsewhere. "Our food business continues to be resilient to the worst effects of the
      Reuter  -  279 words
    • COMPANY BRIEFS
      • Article
        ABB okays US$600m employee share scheme
        105 5 SWISS-SWEDISH engineering group ABB Asea Brown BtfK eri said it had given final approval to a US$6OO millioh employee share ownership scheme which it believed to be of the world's largest such offers. Under the deal, most of ABB's 160,000 employees in 25 countries
        105 words
      • Article
        Cargill plans Moscow office
        112 5 CARGILL INC has announced plans to open offices, in Moscow and Warsaw as an initial step towards investing jp the Soviet Union and Poland. Minneapolis-based Cargill bats been trading with the two countries for more than 25 y&u» but has never had a physical presence there.
        112 words
      • Article
        Basf unit posts higher earnings
        71 5 BASF AG's information technology unit Comparex Informations Systeme GmbH said its earnings, turnover and oropp rose in the first half of 1990. Group turnover rose 2.2 por cent to 509 million marks, Comparex said, noting that domestic sales rose a sharp 16 per cent to
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      • Article
        EC to decide on French plan
        84 5 THE EUROPEAN Commission should decide within a wepk whether to launch an official enquiry into French plani ip grant Saab-Scania AB of Sweden a 300 million franc subsidy to set up a truck-making plant in the west of France, Commission sources said. Saab-Scania is
        84 words
      • Article
        Apple to list in Japan
        86 5 APPLE COMPUTER Inc shares will now be quoted on the Tokyo Stock Exchange (TSE), the US company said -on Wednesday. President John Sculley said: "We believe Japan will become one of our largest markets in the coming yeatlF Apple Computer first marjketed its products in
        86 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bankers Trust plans to move HK data centre
        66 6 BANKERS Trust New York Corp subsidiary Bankers Trust Co said it plans to consolidate its Hongkong data centre and telecommunications into Bankers Trust Australia Ltd based in Sydney. The transfer, which is expected to be completed by June 1991, is part of
        66 words
      • Article
        State Bank plans merger
        62 6 STATE BANK of South Australia said it planned to bring together its two operations in New Zealand, which would result in State's Auckland branch and United Banking Group Ltd being managed as one business. The two banks will retain their separate names. State acquired United on
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      • Article
        Sumitomo units plan venture
        73 6 TWO wholly-owned units erf" Japanese trading firm Sumitomo Corp will launch a joint venture early next month in New York to start an insurance business as part of efforts to develop new business, a Sumitomo Corp spokeswoman said. The venture, yet to be named, will be
        73 words
      • Article
        UBS denies report
        82 6 UNION BANK of Switzerland, commenting on a published report it was in talks about lending US$5OO million to the city of Philadelphia, said it has had no such discussions. A bank spokeswoman in New York said Union Bank has "had no discussions with the city of Philadelphia
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      • Article
        Mexican bank hit by fraud
        74 6 THE newspaper El National reported that a Mexican credit bank was hit by a US$46 million fraud in the latest of a series of scandals to hit the state-run banking system. Ten people, three of them high-ranking bank employees, have been arrested in connection with
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    • Article
      Lock icon Bailout agency seeks up to US$110b in new funds
      261 6 NYT THE head of the US Federal bailout of the savings and loan industry asked Congress on Wednesday for US$lOO billion to US$llO billion for the new fiscal year, which begins next month, to continue the rescue programme. Appearing before the
      NYT  -  261 words
    • Article
      MasterCard plans more regional offices
      279 6  -  By Diana Oon A KEEN tussle is brewing between credit card giants MasterCard and Visa in Singapore with the official opening of the former's regional headquarters here yesterday. MasterCard International's Singapore regional office, which has been operational since Aug IS, is its first regional headquarters
      279 words
    • Article
      Lock icon CBOT, CME take step towards merger
      320 6 Reuter TWO of the financial community's fiercest rivals took a step toward what has up until now been unthinkable in the futures industry a merger of the world's largest futures exchanges. The Chicago Board of Trade and the Chicago Mercantile Exchange said they have
      Reuter  -  320 words
    • Article, Illustration
      Simex launches new interest rate contract
      276 6  -  ■y David Chew THE Singapore International Monetary Exchange (Simex) yesterday launched its third interest rate instrument, the three-month interest rate futures Euromark contract The new contract will strengthen the exchange as an interest rate risk management centre, Simex chairman Francis Yeo said. He told
      276 words
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      Page 6 Advertisements Column 1
      113 6 Editorial, Pg 10 I THE SAME IN 1' TWO CAN MAKE GREAT Introducing a duo with true and getting account information M V j®f*. mastery: the linking of two elec* through one terminal. A I tronic banking systems. Hexagon from Both Hongkongßank and Midland Hongkongßank, and MAPS from are known
      113 words
  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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  • THE REGION
    • NOTE BOOK
      • Article
        Aquino approves budget to develop energy
        107 8 PRESIDENT Corazon Aquino of the Philippines has approved a proposed budget of 20 billion pesos every year for a 10-year energy development plan to meet the country's power needs until 2000, the presidential palace said in a statement. The programme sees power demand rising
        107 words
      • Article
        Dr M's call to private sector
        116 8 MALAYSIA's Prime Minister Datuk Seri Dr Mahathir Mohamad said earlier this week that the government will encourage greater private sector participation in the development of heavy industries through privatisation or joint ventures between local and foreign investors. Up till now, he said, it was
        116 words
      • Article
        US-Vietnam talks resume
        75 8 THE United States and Vietnam planned to resume their dialogue on Cambodia at an upgraded level in New York yesterday, the State Department said in Washington on Wednesday. Yesterday's round the third between the two countries since Washington announced its new policy on Cambodia in July would
        75 words
      • Article
        Japan urged to open up market
        66 8 REPRESENTATIVES of Asean have urged Japan to open its market wider to Asean products, especially finished and processed goods, foreign ministry officials said in Tokyo on Wednesday. Speaking at the opening session of the 12th Asean-Japan Forum in Tokyo, the acting head of Asean
        66 words
      • Article
        A development plan for Macau
        57 8 MACAU needs to depend less on Hongkong for investment and to diversify its textile-dominated economy, the Secretary for Economic Affairs Muteiri Nabo said on Wednesday. Mr Nabo cited a consultants' report as saying that Macau should adopt a development plan centred primarily on services and
        57 words
    • Article, Illustration
      Lock icon Manila seeks 5-year write-off of interest payments
      402 8 Reuter THE Philippines, pleading it cannot pay, has toughened its stance on debt relief, calling for a negotiated write-off of interest payments to commercial creditors for the next five years. It is asking the United States in negotiations this week on the future
      Reuter  -  402 words
    • Article
      Lock icon Keating survives censure motion over bank jibe
      319 8 Reuter AUSTRALIA'S Treasurer Paul Keating yesterday narrowly survived a parliamentary censure motion prompted by his extraordinary attack on one of Australia's biggest banks. Mr Keating conceded he had been wrong in saying during a fiery parliamentary exchange that the National Australia Bank's savings
      Reuter  -  319 words
    • Article
      Lock icon Hawke proposes board for future city project
      277 8 AFP AUSTRALIAN Prime Minister Bob Hawke on Wednesday proposed that Japan set up an international advisory board on a Japan-Australian future city project, Japanese officials said. Japan's International Trade and Industry Minister Kabun Muto agreed to the proposal and recommended Eishiro Saito, chairman
      AFP  -  277 words
    • Article
      Lock icon Diplomats fear return to hard fighting in Cambodia
      470 8 Reuter ARGUMENTS that ended the Cambodian peace talks in Bangkok will soon be converted into spilled blood on the country's battlefields, diplomats and guerillas said yesterday. Hopes that the 11-year war was reaching its end were quickly dashed this week when warring
      Reuter  -  470 words
    • Article
      New governor of Thai central bank to pursue stability
      276 8 THAI BANKERS welcomed the appointment of Vijit Supinit as governor of the Bank of Thailand, saying that monetary policies of the central bank under the new governor will not change significantly. The Bangkok Post quoted Mr Vijit, currently deputy governor, as
      276 words
    • Article, Illustration
      Two Indonesian chemical plants to open next month
      207 8 TWO oieo chemical factories, totalling U5566.5 million in investments, are expected to be inaugurated by Indonesian President Suharto next month. The Jakarta Post reports that the two factories, which process crude palm oil (CPO) into fatty alcohol, a raw material for the
      207 words
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      Page 8 Advertisements Column 1
      185 8 '<? ff''■•>* Tr A .vvv .?'.TV- V 1 ff »Wi jiifcr > v -v L^dfiL lor your 6o Ming a„ d May -I u de 'ectalion. M< ,c Vang, cY *ts hom Slchuai, gating some 0/ Mastct v/n Ce v ie fi nest tV\c^ c Szechuan c "/s/ n# r
      185 words
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      Page 8 Advertisements Column 2
      48 8 r §5 I NATIONAL UNIVERSITY J OF SINGAPORE Public Lecture by WMSSS^SSSMSBSSBMM Lee Kuan Yew Distinguished Visitor 1 I Topic Genes and Cancer Venue: Lecture Theatre 27, Kent Ridge Campus Date Friday, 21 September 1990 Time 6.00 pm I I T *OGC Admission free. All are welcome. J
      48 words
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  • THE WORLD
    • Article
      Lock icon IMF warns US against hasty interest rate cuts
      330 9 Reuter THE International Monetary Fund (IMF) urged the US to refrain from hasty cuts in interest rates when its executive board discussed the US economic outlook earlier this month, international monetary sources said on Wednesday. Board members warned that the United States
      Reuter  -  330 words
    • Article
      Lock icon EC farm subsidy plan fails to get backing
      261 9 Reuter THE European Community's strategy for world trade talks was thrown into disarray on Wednesday when EC commissioners declined to back a plan for cuts in farm support. EC farm commissioner Ray MacSharry could not muster a majority of his colleagues to
      Reuter  -  261 words
    • Article
      Lock icon Saudi Arabia, UAE can sustain higher oil output
      406 9 The Gulf Crisis Reuter SAUDI ARABIA and the United Arab Emirates (UAE), who boosted production to help the worid over the loss of Iraqi and Kuwaiti oil, can keep it up indefinitely, industry sources said on Wednesday. Saudi Arabia, the world's biggest
      Reuter  -  406 words
    • Article
      Lock icon Few US firms affected by asset seizure
      161 9 AP FEW US companies appear to be affected by Iraq's seizure of assets from countries participating in an embargo against it, experts and businessmen said on Wednesday. US assets in Iraq amount to "a few hundred million, certainly less than a billion dollars,"
      AP  -  161 words
    • Article, Illustration
      Lock icon Poehl still firm against early EC union
      260 9 NYT THE president of the Bundesbank, Karl Otto Poehl, held his ground on Wednesday in rejecting early moves towards European monetary union, keeping the central bank on a collision course with officials in Bonn who are pushing for rapid union. As Chancellor Helmut
      NYT  -  260 words
    • WORLD WATCH
      • Article
        Big investment plans for E Europe: survey
        74 9 BIG WESTERN corporations may be planning to invest up to' US$5O billion in Eastern Europe and the Soviet Union, accountants DRT International said on Wednesday after conducting a survey of its clients. DRT surveyed 128 of its corporate clients with assets or sales
        74 words
      • Article
        Call for loan write-offs
        69 9 BRITAIN'S Chancellor of the Exchequer called on Western governments on Wednesday to write off two-thirds of loans totalling U5527.46 billion to the world's poorest nations. In a speech to a meeting of finance ministers from more than 40 Commonwealth nations, John Major said: "I am convinced
        69 words
      • Article
        Seoul growth forecast at 8pc
        42 9 SOUTH KOREA'S economy will grow over 8 per cent in real terms this year and domestic oil prices will not be increased if average oil prices remain under US$25 a barrel, Deputy Prime Minister Lee Seung-yun said.
        42 words
      • Article
        US home building rate drops
        57 9 CONSTRUCTION of new homes in the US fell 1.7 per cent in August, a seventh straight monthly decline that brought building activity to the lowest levels since near the end of the last recession, the Commerce Department said.. Last month's fall followed a revised 3.5
        57 words
      • Article
        Land prices soar in Japan
        47 9 AVERAGE land prices in Japan have risen 13.7 per cent in the past year, registering the first double-digit year-to-year increase on record, the National Land Agency reported yesterday. The report was based on some 25,300 real estate prices registered on July 1.
        47 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      13 9 FACTORIES FOR SALE IN JOHORE TAMAN PERINDUSTRIAN CEMERLANG DKENHAM *5$WTfVtciTV VALUERS pie itdß
      13 words
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      Page 9 Advertisements Column 2
      104 9 R)lo Ralph Lauren IB? 1 1 *.*'i.' < Iflt I^H< I JpF^H^^BgV jpr. jjjßgda ■>'\ M| 'J^BT v iLr > ■P Tar f B bhf D| DICKSON MARKETING PTE LTD I Meynfief o/lhel KC KSON Group o! Companies I #P4 07 Orchard Towers. Singapore 0923 Tei *****22(12 Lines) Boutiques #01-02,
      104 words
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  • Article
    The other story
    467 10 EDITORIAL WORLD attention is focused on Saddam Hussein and the Middle East. The pending unification of Germany and the Soviet Union's economic struggles also draw readers' attention. One major story that should also be making compelling reading because of its ramifications is the mess the US government
    467 words
  • WHAT THE OTHERS SAY
    • Article
      A stabilising force
      228 10 THE GROWING scope and accelerated pace of America's global military retrenchment is of concern to the Asia-Pacific region. The US military presence here has not only provided a strategic umbrella but has also ensured regional security by allowing countries to devote resources to economic development that would
      228 words
    • Article
      Religion against drugs
      115 10 IN SINGAPORE, religion provides a sense of mission and direction in the fight against drug addiction. Because most ex-drug addicts in detention centres are relapsed cases, a well-formulated programme of religious counselling is essential to help them turn over a new leaf. There should be a comfortable
      115 words
    • Article
      Aquino's base problem
      146 10 THE TWO American bases in the Philippines have directly created nearly 80,000 jobs for Filipinos. They also inject USslb into the Philippine economy each year. Though fully aware of this, President Corazon Aquino said, on the eve of talks on the bases' future, that they were "not
      146 words
  • REGIONAL VIEWPOINTS
    • Article
      Seize the opportunity
      176 10 THERE IS no denying that recent developments towards a final political settlement in Cambodia have taken a major positive turn. It would therefore be unfortunate if further progress in the peace process is bogged down by the sort of wrangling witnessed in Bangkok over the last two
      176 words
    • Article
      Time to start weaning
      205 10 MANILA'S decision to seek the orderly withdrawal of United States forces could prove costly. Although the Government has never sought the views of the populace on the US bases, the majority of Filipinos are clearly well-disposed to their former colonial masters, at least inasmuch as the
      205 words
    • Article
      Becoming a reality
      127 10 ALTHOUGH Germany's reunification has never been in doubt, especially with the dramatic crumbling of the Berlin Wall at the end of November last year, a series of agreements signed last week have made a united Germany gradually a de facto reality. Obviously, this united Germany will be
      127 words
  • Article, Illustration
    Lock icon No room for a comedy of errors
    1050 10  -  Peter Peterson argues that it is time to rethink US budget deficits Peter Peterson The writer, a former US commerce secretary, is chairman of The Blackstone Group, a private investment bank. NYT AMERICA'S annual budget comedy is beginning to resemble a Greek tragedy,
    NYT  -  1,050 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      180 10 Bottoms Up to a rock bottom price! Yourfavourite f <m s- *i And you can drink it drinks (except premium up, gulp it down or sip it brands) are now going slowly, to the music of for a song. $5+ Cocktails 5 versatile singer-guitarist and local beer included. 1 William
      180 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      57 10 DOONESBURY BY GARRY TRUDEAU ...ANDIFOURBOtSPOGOON FROM ROLAND, IME UNDER- NO, PETER, tM C'MON, THE OFFENSIVE, IT WILL BE SCM&KRE STAND THE NEED AFRA/DICANT JUST THE NO, REALLY, I SE£. THROUGH HARSH, UNFORGIVING IN THE MP- fORSECURTTf, BUT GIVE YOU THAT RE6ION.. I'M LOST- WeLI.GOOD DeSEKT TERRAINUKETHSTHAI EAST, TH/S COULPICUTEU-US INFORMATION.
      57 words
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  • ANALYSIS
    • Article
      Lock icon Waiting for a total collapse of the Iraqi economy
      907 11  -  Leigh Bruce on how long Saddam Hussein can hold out against the UN embargo Leigh Bruce IHT AS the effects of the United Nations sanctions against Iraq come into clearer focus, many international analysts now believe that if the embargo remains
      IHT  -  907 words
    • Article, Illustration
      Making life really worth your while
      1778 11  -  Consumers are getting more sophisticated. To cater to changing demand, an investment-linked insurance policy looks set to make its debut, reports Soh Tiang Keng Soh Tiang Keng THE best of both worlds. Breathing realism into this oftheard cliche is the goal of a sophisticated
      1,778 words
    • Article
      Lock icon Cold War still in high-tech sales
      567 11 Why America has lost out NYT LIKE the Berlin Wall, barriers to trade in high technology are falling to the riptides of political change in Eastern Europe. And not a momem too soon, says Robert Kuttner, an economist and journalist, whose study condemning Cold
      NYT  -  567 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      353 11 It happens to all of us. We find ourselves unable to speak up when we really need to. We remain in the ranks of the "silent majority" the people who we never heard from while others dominate both thinking and action. And we don't always know why. But whatever the
      353 words
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  • FOCUS
    • Article, Illustration
      Lock icon America: Prospects look good
      601 12 IMF assessment of the world economic outlook NYT DESPITE oil price increases stemming from the Middle East crisis, the United States will avoid a recession next year and experience even faster growth than in 1990, the International Monetary Fund said on Wednesday. The global lending agency,
      NYT  -  601 words
    • Article
      Lock icon Europe: changes will be strongly felt in rest of the world
      382 12 AFP CONTINUING economic reforms in Eastern Europe, German reunification and the planned push to a single market by the 12-nation European Economic Community in 1992 are likely to dominate much of the world's economic activities in the early 1990*8,
      AFP  -  382 words
    • Article
      Lock icon Asia: Developing regions set to lead the pack
      255 12 AFP THE developing countries of Asia are expected to continue leading the world's economic growth tables, according to the IMF forecasts. The IMF predicted "continued rapid rates of growth of about five per cent a year" for the Asia region in 1990-1991.
      AFP  -  255 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      167 12 O C 3 fa ■BBByi^^^^»y <^fc BB The peppy new Lancer 12 valves are here. New front air dams, new What we suggest is a test drive. And if you come down to our choice of interior fabrics, new 4 spoke steering wheel, newly fitted with showrooms from today, you'll
      167 words
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  • SPORTS
    • Article
      Lock icon Levi set to putt his way to 5th win
      482 13 AP WAYNE LEVI turned putting bock into a simple matter and himself into the PGA tour's most frequent winner this season. Levi's one-stroke victory at the Canadian Open last weekend was his fourth this year. Only once before in his 14-year
      AP  -  482 words
    • Article, Illustration
      Capriati takes a shot to be queen of match
      245 13  -  Jy. Cassandra How JENNIFER CAPRIATI, the 1989 French Open and US Open Junior Champion, flew in yesterday from San Francisco for an exhibition match against current French Open Champion Monica Seles on Saturday at the Kallang Tennis Centre. Only 14, this
      245 words
    • Article
      Lock icon Austria aims for Davis Cup
      147 13 AP AUSTRIA is banking on Thomas Muster and Horst Skoff to defeat the US team and reach its first Davis Cup final. The two Austrians will be battling Andre Agassi and Michael Chang in singles matches in the semifinal clash starting today. Chang is fresh
      AP  -  147 words
    • Article
      Andrew Tan wins DHL Golf Challenge
      369 13  -  J* Paul Ramani ANDREW TAN, senior vice-president and general manager of AIA Co Ltd, captured the overall winner's position at the annual DHL Golf Challenge *90 which was held at the Tanah Merah Country Club. The three-year old tournament this year drew a total
      369 words
    • SIDE LINES
      • Article
        Stunning start not exploited
        97 13 MANCHESTER United foiled to make the most of a stunnint; start after storming into a two-goals lead in the opening 16 minutes in front of a 29,000 crowd Wdsh international: Clayton Blackmore Wasting home from 25 yards after nine minutes and England midfielder and new skipper
        97 words
      • Article
        Pirates snap losing streak
        88 13 DOUG DRABEK became the National League's first 20-,* game winner and Barry Bonds hit his 30th and .31st homt£* runs as the Pittsburgh Pirates ended a six-game losing streals-; beating the Cubs 8-7 in Chicago on Wednesday. The victor|2 j increased the Pirates' lead to one
        88 words
      • Article
        Tension gets to Haynes
        88 13 WEST INDIES skipper Desmond Haynes revealed the raw.* tension of the English County Championship race as sex strode towards the title against Sussex at Hove on* Wednesday. Haynes threw down his bat after edging a widaC* short ball from Rod Bunting to be out for 45.
        88 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      199 13 J? j NUT MEG S i- .J 1 «'!< (It T.-'i W THE CHEFS AT NUTMEGS are now grilling, The classic cuisines of France, Japan, China &4 baking and thermidoring lobster at a price that's and Mexico have been combined in the most surprising ||f| jffjgF quite simply music to
      199 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      186 14 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN.. WHERE TO WINE, DINE... Some like it hot f I I Spicv Szechuan dishes served at lunch and dinner dailv I in thie cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8585 ext *****/6. Js!
      186 words
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      Page 14 Advertisements Column 2
      333 14 HWT REGENCY SNGAPORE PROUOLY 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 cocktails 7.30 pm
      333 words
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      Page 14 Advertisements Column 3
      249 14 <<■■> It's The Street's anniversary Come karaoke and get a cassette recording of your singing Free! Happy Hours: 6—B pm First Drink Charge*: Mon Thurs $12++ Fri Sun $15++ Inclusive of 2 drinks ....«•«-1 Steamboat Huffet Feast on an array of 30 types of buffet tare. VAffiJl PickoBmuchB9 y o
      249 words
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      Page 14 Advertisements Column 4
      346 14 WE'VE JUST BRED A NEW WINNER at The Stables The Businessmen's Derby Lunch A delectable choice at appetisers and soup. (s¥&&/. followed doacty by your pick from five delightful of\s? main dishes and a selection of desaerta.' Finish with coffee or tea. Only $28.00+ Closed for lunch on Sundays and
      346 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      741 14 TELEVISION AND RADIO A SBC# i» ui S25 r (M)! nillll I |0f JQl"r| 111 iiim m i ivii iMii i hi' iii YftfriYiTi 11 miyii mi in thai Error (See Our Choice). %M Raaarfnt M» BBC. OS.S mKz hi VMF Band IfZ iVliaiaiVt »l» Ja Pray- 12.40 AM Ctaaa.
      741 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Indisputably worthy
      775 15  -  Japan's master film artist Akira Kurosawa deserves the honorary Oscar he received last spring, whatever the reason the Motion Picture Academy may have had for bestowing it on nim, asserts Michael Price Michael Price NYT LAST spring, the Motion Picture Academy bestowed an honorary Oscar on Japan's master
      NYT  -  775 words
    • Article, Illustration
      Lock icon Men who go home to their cats
      603 15  -  Cats are leaping over dogs to become man's best friend. Is it because men's attitudes towards cats are changing, or because men themselves are changing? Georgia Dullea reports. Georgia Dullea NYT AT THE Beasty Feast store in the Chelsea section of Manhattan, the
      NYT  -  603 words
    • Article
      From deepest Africa with love
      525 15 CHATTERBOO^ A PAIR of booties has been sent to American actress Sigowney Weaver's five-month-old daughter Charlotte. They're from Roz Carr, slain American zoologist Diaa Fossey's closest friend, and are being hand-carried to the US by travellers who just visited Carr's 100-hectare nursery and tropical gardens
      525 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      323 15 AND ENTERTAIN Yamagata Beef. The Exquisite Taste Of Japan. f 5"*% 1 jEgjjSj LUNCHI2NOON 'A kn™ imp* to 10 ism* f SPIOAI.TIPPANYAIU snuiNuiwxWr*&. per pfjuon Now you can enjoy one of the world's finest beef at the Yamagata Beef Promotion in Unkai Japanese Restaurant. Only from September 11 to 28.
      323 words
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      Page 15 Advertisements Column 2
      165 15 1 SUNDAY I H FAMILY BRUNCH B $13 KB (S7*for children under 12) TEE-OFF CAFE |!JJ BAY COLFfr COUNTRY CLUB N9 6 MARINA CREEN SINGAPORE 0101. FOR RESERVATIONS PLEASE CAIJ. 221 2811/122 4221 Chinese cuisine, §best of Thai. Over 120 mouthwatering specialities and an array of irresistible Thai desserts. (eSt«PJ
      165 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market slips further on lack of buying interest
      4535 16  -  By Quak Hiang Whai MARKET sentiment on the Singapore exchange remained weak for the fourth consecutive session this week, with the Straits Times Industrials Index slipping another six points yesterday. Amid the lack of buying interest and thin trading volume, both retail
      4,535 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4169 17 Main Board S1A Foreign 1480 +20 +1.4% FELS 50* 645 +15 2.4% SIA 1120 +10 +0.9% Keppcl Corpn 565 +10 +1.8% Steamers 20* 129 8 6.6% DBS 940 5 +0.5% OCBC Foreign 755 +5 +0.7% FELSWt 259 +5 +2.0% Acma 185 +5 +2.8% Tibs 50*
    4,169 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      103 18 AUDITED RESULTS («m»My Oat* Y«ar Grwp N«t N«t i»r»l»|i Cr*M aitn to (U P****** dM4**d ('000) (coats) 1 Cement Sep 10 Mar 90 $1,771(11.0191) 50(-) 2.5(0.5) Peg. Ms»a Sep 8 Mar 90 M$4.1261(12,5641) SelOredg Sep 8 Mar 90 M$725(|3,907l) 0.4(—) 2(1) OCB Hldgs Sep 5 Mar 90 M*3.724l(S1.071L)
      103 words
    • Article
      PROPOSED ISSUES
      541 18 Company Bights Iss— Mean One-tor two ft MSI 00 per share. Issue of 40m CumuWrv* Redeemable Preference Shares of M$0 10 each at MSI par share with 10m detachable TS8 Briton One tor tour ft MS2.00 per share Cauuway to* Capital reduction scheme to reduce par value of
      541 words
    • Article
      CORPORATE DEVELOPMENTS
      112 18 OK B«* will make $31m through the sale of its entire block 011 90 89m Singapore Petroleum Company (SPC) shares 40.89 m to NatSteH tor an extraordinary gain ot $14m, and 50m vendor shares to the public through Sits flotation exercise. DBS holds the shares through wholly owned
      112 words
    • Article
      PRELIMINARY RESULTS
      178 18 Company Date Year Grmip pre-tax Net aaniiags 6r«i ann to pr«flt/tost (L) par Uar« dividend ('000) (cents) (HC Sep 17 Jun 90 M$20.781 ($12,989) 24 1(185 20(18) First Capital Sep 14 Jun 90 $19,147($12.618j) 7.2(5.4) 1(1) FA) kts Sep 12 Jun 90 A$31,642($95.950) 8.0(27.1) 90(90) l&»»n Sep 5
      178 words
    • Article
      DIVIDENDS ANNOUNCED
      1000 18 Current Ex Books Date Total Mr Totol tor piymul dite doM ptyiMf Um ytw Isst ytir lln Mdgs 6% Au| 28 Sep 7 Sep 26 61 6% MKS 2.5% Sep 14 Sep 28 Od 27 2.5% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%<a) Mm
      1,000 words
    • Article
      RESULTS DUE
      664 18 Shtfjpore Stocks Last Full Year CPertad Date Year M EPS Graes IW —(c«b) pre* M rear (rOM) leong Mat Mm Mv 30 Ok 89 5351(h) Una P* Mm Aug 11 Mar 91 4.0 2.1 1471(i) Ea Ta Swg Mm Aac IS Ok 90 16 5 8 4 1.480
      664 words
    • Article
      INTERIM RESULTS
      466 18 Company Date Half-yew Grevp pre-tax Interim tp profit/Ims (L) dividend ('000) ODL Hotels Sep 15 Jun 90 HK$8,060t(—) Gty De* Sep 15 Jun 90 $28.955($22.197) lochcape Sep 15 Jun 90 $56.938($57.742) 10(25) Kings Sep 15 fan 90 $4.292($4,832) Harmau Sep U fan 90 $684($1.798) Hind Hotels Sep 14
      466 words
    • Article
      BONDS, LOANS & WARRANTS
      681 18 BONDS, LOANS WARRANTS CtHpMy CmmtsIm pirM CwwtnlM In hf mm mAmt tttm CAC Nt Before 26/4/93 1 warrant phis 13.09 cash. CgMMg Low C— —it HI 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant pta $1 nominal amount of loan stock. CtaanffopNates aw Hm Nt March 87
      681 words
    • Article
      APPROVED ISSUES
      430 18 Company Rights Issue MmW Oxygen One-tor one g MSO 80 per share issue of $100 nominal amount of 5% Redeemable Unsecured Loan Stock 1990/1995 with one Transferable Sutecnpbon nghts lor every two eiistong shares Md Ei4ate Aug 23 Books dose Sep 6 Acceptance t Payment Oct 19 MB
      430 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      371 18 NOTICE IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF ASG COLOUR SIGNS SINGAPORE (PTE) LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the members of ASG Colour Signs Singapore (Pte) Ltd convened and held at 91-93 Macquarie Street, •Hobart, Tasmania
      371 words
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      Page 18 Advertisements Column 2
      83 18 FOR BITS AND BYIES Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local news,
      83 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close lower as selling continues
      3661 19 Bernama SHARE PRICES in Kuala Lumpur closed lower yesterday under continued selling pressure as major bourses overseas remained weak. However, some counters finished above their lows on light profit-taking. The KLSE Composite Index fell 6.60 points, or 1.3 per cent, to 518.58 while the
      Bernama  -  3,661 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      420 19 Competition in Leisure Industry Hots Up Leisure, pleasure, profits. Betting that these three go together, Singapore firms are falling over themselves to j build resorts, theme parks, marinas and golf clubs. Corporate strategists say the growing affluence in i" W p J, W South-east Asia is making the fun business
      420 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market sinks to another low for the year
      2257 20 Reuter TOKYO STOCKS closed lower after a day of directionless trade in moderate volume with the Nikkei average charting a new 1990 closing low for its second straight day. Declines slowed in late afternoon on market talk of a new Iraqi peace
      Reuter  -  2,257 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Shares finish barely firmer in dull trade
      2366 20 HONGKONG stocks closed fractionally firmer in sluggish, uninspired trade, brokers said. Reaction to Iraq's August 2 invasion of Kuwait has pared daily turnover to less than HKSSOO million from HKSI billion to HK$2 billion a day before the invasion. The Hang Seng Index
      2,366 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks sink to four-month low
      • Article
        Untitled
        86 21 One Pnrimm SYDNEY AU Ordinaries Index 1447.5 1449.9 -2.4 All Industrials Index 2139.1 2146.9 -7.1 All Resources Index 906.1 905.2 +0.9 Turnover (million) 61.02 73.39 -12.37 BANGKOK SET Index 647.35 6*6.63 -39.21 Turnover (newest "000) NA 7,175 JAKARTA Composite Index 500.69 507.07 -6.31 Turnover (nearest "000) 134 143 +051 MANNA
        86 words
      • Article
        AUSTRALIA
        931 21 BARGAIN-HUNTING in selected industrial stocks and fluctuations in the share prices of Adsteam group companies saw the Australian stock market settle at its lowest level in four months yesterday. Brokers said institutions were sidelined as smaller local investors took advantage of cheap bank and blue chip shares. The All
        931 words
      • Article
        BANGKOK
        698 21 THAI stocks were battered across the board by political uncertainty arising from a conflict between two senior Cabinet ministers and prospects of further increases in domestic oil prices, brokers said. The SET Index ended 39.28 points, or 5.7 per cent, lower at 647.35. The indicator, falling for the eighth
        698 words
      • Article
        SEOUL
        734 21 SEOUL stocks retreated in moderate trading yesterday as selling by investors with unsettled accounts intensified during the afternoon, brokers said. The composite index closed at 585.19, down 7.61 points from the previous session. Turnover was 113.4 billion won compared with 191.2 billion at Wednesday's close. Seoul Woa COO) A
        734 words
      • Article
        NEW ZEALAND
        383 21 NEW ZEALAND shares withstood falls on most overseas bourses to end only slightly lower on small turnover. The Barclays Index finished 2.69 points down at 1,534.76 on turnover of 4.65 million shares, worth NZ$4.B9 mil- lion. Second-line stock Robt Jones Investments topped the turnover list at 1.38 million
        383 words
      • Article
        TAIPEI
        393 21 TAIWAN stocks plunged yesterday, finishing at their lowest point since February 2, 1988, dealers said. The weighted index fell 202.55 points, or 6.41 per cent, to finish at 2,956.72. Turnover was NTS 16.2 billion against NTS 16.1 billion. Dealers said the market started lower on Tokyo losses, but then
        393 words
      • Article
        MANILA
        530 21 PHILIPPINE share prices rose for the second straight day as selling pressure eased and bargain hunters returned to the market, brokers said. "It's technical but I think it (the market) will go up some more. Results of the (US military) bases talks may buoy sentiment," said Roy Nicolas, analyst
        530 words
      • Article
        JAKARTAi
        538 21 PRICES on the Jakarta stock exchange closed lower yesterday with the composite index down 6.38 points to 500.69 but turnover rose to 2.34 million shares from Wednesday's 1.83 million. Strong selling interest sent Bank Duta down 200 rupiah to 5,800, with 380,000 shares changing hands. Sampoerna fell 1,600 rupiah
        538 words
      • Article
        BOMBAY
        42 21 PRICES eased on the Bombay Stock Exchange towards the close on Wednesday but both market indices were nevertheless ahead. The BSE index rose 17.48 points to 1,332.04 while the National Index closed at 676.30, up 7.96 points from the previous close.
        42 words
      • Article
        Untitled
        297 21 la local cwraacy la SI la USS %4mj %ymm year day year Sap 19 lain cfca—» cha—* <*—» cfc— t cfcaage chaat World 357.0 -0.5 -23.2 -1.2 -25.6 -I J -19.9 ♦EAFE 477.5 -1.0 -29.9 -1.7 -30.1 -1.7 -24.7 Europe 373.3 -0.7 -17.2 -2.0 -13.4 -2.0 -6.8 790.6 -1.2 -37.6
        297 words
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  • WORLD STOCK MARKETS
    • Blue chips lead Dow's 13-point drop
      • Article, Illustration
        NEW YORK
        1022 22 WALL STREET stocks ended moderately lower on Wednesday, depressed by several high-profile stock casualties, fading hopes of an interest rate decline and further delays in a US budget agreement. But the market's decline was surprisingly restrained, indicating that selling pressure may be waning, analysts said. "What you're seeing
        1,022 words
      • Article, Illustration
        LONOON
        917 22 LONDON shares started modestly firmer yesterday as a batch of UK corporate results came out in line with or above market expectations. Turnover was very thin, however, as sentiment continued to suffer from yesterday's remarks by Bundesbank President Karl Poehl that countries with high inflation rates might find it
        917 words
      • Article
        BRUSSELS
        168 22 BELGIAN shares opened mixed and volume was low as trading hours were lengthened for screen-based share trading. Trading started at 0800 GMT yesterday, instead of 0900 GMt, extending the exchange's session by an hour. Brokers said volume at the opening was very small at 54 million francs as many
        168 words
      • Article
        FRANKFURT
        192 22 WEST GERMAN shares slipped 1.1 per cent in thin trading, as familiar factors continued to weigh on prices and keep many investors sidelined. The German market is suffering from continued uncertainty about the outcome of the Gulf crisis, and this has been exacerbated by worries about the cost of
        192 words
      • Article
        JOHANNESBURG
        383 22 THE Johannesburg stock market remained weak at midday yesterday after a brief attempt at a rally on Wednesday afternoon. The market continued vulnerable after the recent nervous sell-off, dealers said, noting that further falls can be expected if current economic and political uncertainties persist. At noon the JSE all-gold
        383 words
      • Article
        TORONTO
        319 22 TORONTO stocks closed mixed in slow trade as negative sentiment continued to weigh down the market, dealers said. "The bear has got a hold of the market and is pushing away the bulls more and more," one technical analyst said. The composite index rose 8.89 to 3,275.58 on a
        319 words
      • Article
        PARIS
        143 22 FRENCH share prices drifted lower iit thin midday trade yesterday with tinuing anxiety about the Gulf keeping most players on the sidelines, dealers said. The CAC-40 index stood at 1,546.85, by 10.40 GMT, down 23.43 points from last night's close, after opening at 1,570.53. I LVMH fared better than
        143 words
      • Article
        Lock icon ZURICH
        265 22 Reuter SWISS shares opened slightly lower in slow trade as Tokyo's new year low and last night's weak Wall Street weighed on investors' sentiment, dealers said The SMI index of le&ling shares feU 9.2 points to 1,459.1 after about 15 minutes of trading. Early trading saw banks mostly steady
        Reuter  -  265 words
      • Article
        AMSTERDAM
        359 22 DUTCH shares opened lower yesterday in slack trading as news of a friendly bid for leisure group Center Pares provided the main talking point. At 0930 the CBS all-share trend index was down 0.7 points at 98.8 after a fall of 0.4 points on Wednesday. Amsterdam reflected the picture
        359 words
      • Article
        Untitled
        121 22 Milan Stp 19 Lire +>- Ass Gen ***** -600 Bastogi 247.00 -4 Fiat... 6501 -114 Finsider susp Hi Priv ***** +40 lukcmcnti Ord ***** -690 I taigas. 2760.00 -39 Magneti M Pf 990 -12 Mediobanca ***** -475 Miraknza. Mondadori Priv susp Montedison 1302 -49 Olivetti Ord 3941 -129 Olivetti Priv
        121 words
      • Article
        Untitled
        91 22 Sep 19 Ctoae Pre* ions NEW YORK Dow Jones 2557.43 2571.29 -13.86 NYSE Financial 118.46 119.56 -1.10 SAP 500 316.60 318 60 -2.00 Turnover (million) 147.53 141.13 +6.4 LONDON Financial Times 30 1576.10 1576.80 -0.70 FTSE 100 2065 80 2064 00 +1.80 Turnover (million) 386.8 379.2 +7.6 AMSTERDAM CBS General
        91 words
  • Page 22 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar firms against major European currencies
      1182 23 I FOREX MARKET REPORTS THE US DOLLAR yesterday closed lower against the yen, but higher against nugor European currencies after trading dominated by investor sales for the yen and active cross Tokyo trading, dealers said. "After the yen firmed in cross trading, life insurers
      1,182 words
    • Article
      INTERBANK FOREX RATES
      382 23 Cross rates Sep 20 USS SS MS Dm Yen SFr A$ NZS USS 1.7660 2.6973 1.3690 137.33 0.5298 1.3070 1.2063 1.6026 SS 0.3663 1.3273 0.8884 0.7777 0.3000 0.7401 0.6831 0.9073 MS 0.3707 63.47 0.3816 0.3092 0.1964 0.4843 0.4472 0.3941 Dm 0.6373 1.1236 1.7192 87.34 0.3377 0.8330 0.7688
      382 words
    • Article
      MONEY MARKET
      547 23 Interbank rates 91 BM Offer Overnight 6 6 1/4 1-month 6 3/8 6 1/2 2-aonth 6 7/16 6 9/16 3-month 6 1/2 6 V8 Overnigfrt mode 6 1/4 im BM Offer 7 days 8 9/16 8 11/16 1 month 8 1/8 8 1/4 2 months 8 1/8 8
      547 words
    • Article
      FINANCIAL FUTURES
      1494 23 SIMEX EUHOOOLLM Open High Lw Sett E* Vol Op/lnt Vol Dec 90 91.99 9L99 9L96 9L98 6010 ***** 1315 Mar 91 92.01 92.02 91.99 92.00 1730 79U 2429 Jun 91 91.86 91.86 91.84 91.84 130 2018 764 Sep 91 91.63 91.63 91.63 91.62 37 432 62 Dec 91
      1,494 words
  • Page 23 Advertisements
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  • COMMODITIES
    • Article, Illustration
      Lock icon Malaysian gas enough to last 100 years: Ghafar
      257 24 Bernama MALAYSIA has known reserves of natural gas totalling 52 trillion cubic feet, or sufficient to last 100 years, Malaysia's Deputy Prime Minister Mr Abdul Ghafar Baba said on Tuesday. Opening a two-day symposium on the Malaysian Gas Industry, he added that
      Bernama  -  257 words
    • Article
      Lock icon Vietnam seeks coffee membership
      238 24 Reuter VIETNAM was one step closer to becoming an exporting member of the International Coffee Organisation (ICO) after a working group met on Wednesday to discuss its accession to the pact, delegates said at ICO talks in London. By the year 2000, Vietnam hopes production will
      Reuter  -  238 words
    • Article
      Lock icon Prices of ethylene may rise
      108 24 Reuter JAPANESE petrochemical firms will raise ethylene prices in October due to a sharp rise in naphtha prices because of the Mideast Gulf situation, petrochemical industry sources said. Naphtha is essential to the manufacture of ethylene, a feedstock chemical used to make a wide range
      Reuter  -  108 words
    • Article
      Tin down in tandem with weaker ringgit
      844 24 REPORTS THE price of tin dropped two sen to M$ 15.35 per kg on the Kuala Lumpur Tin Market (KLTM) due to the weakening of the ringgit against other major currencies. Japanese and locals formed the main buyers, but the Europeans were not
      844 words
    • Article
      PRICES
      1309 24 KBUKIM WH i' < Tinnwiiim«MW(i«Hiii>i iwm m> in H »w» —ww hhwmwh—ww Rubber sep2o MS(h»tiW») S centVkg Noon Clot ln( I RSS Prompt I$4.00/133.00N 50N Int I RSS Oct 90 154.3<yi55.00 153.00/153.50N lot 1 RSS Nov 155.2V155.75 I53.7VI54.2SN Int 2 RSS OP 149.50/151.50N 148.50/1 SO SON Int 3 RSS
      1,309 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      816 24 IN THE MATTER OF THE COMPAMES ACT, CAP. SO AND WTERCOMMERCIAL MANAGEMENT OVERSEAS PTE LTD At an Extraordinary General Meeting of the Company deemed to be held on Friday. 14 September 1990 at 108 Middle Road #07-02, Bright Chambers, Singapore 0718 the following resolutions were passed SPECIAL RESOLUTION WINDING-UP That
      816 words
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      Page 24 Advertisements Column 2
      577 24 IN THE MATTER OF THE COMPANIES ACT, CAP 50 ARORI BUSINESS MACHINES (PTE)LTD (In Voluntary UqutoUon) At an Extraordinary General Meeting of the members of ARORI BUSINESS MACHINES (PTE.) LTD. duly convened and held at 2 Alexandra Road #07-05 Delta House Singapore 0315 on the 20 day of September 1990,
      577 words
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      Page 24 Advertisements Column 3
      15 24 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    811 25 CHy FlgM TO Fight TO CHy Fight TO FlgM TO °J®Z? MH605 1020 SQKX5 H)45 fiA«ar> MdO SQ105 1050 SQ108 1145 5255 SQ107 1305 MH64I 1315 <*970 2295 SQ1OT 1405 SQ110 1445 MalaMa SQ225 2215 SQ112 1545 diiqo 1445 RJ183 2320 MH646 1525 MH631 1610 Wia2
    811 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Village with two administrations
      627 25  -  LETTER FROM BELGIUM By Eva Kaluzynska Running this village sounds like a bureaucrat's nightmare: there are two mayors, two police stations, two fire brigades, two telephone networks and two post offices. Baarle-Hertog, a Belgian village completely surrounded by Dutch territory, is one of Europe's last surviving
      627 words
    • Article
      MONEY CHANGER RATES
      151 25 At at 3pm yesterday: Load dollars to one unit of ftiieigii onoqf Currencies Bid Offer Australian dollar 1.452 1.472 Canadian dollar 1.5160 1.5360 NZ dollar 1.085 1.125 Sterling pound 3.295 3.325 US dollar 1.7630 1.7730 Local Mm to 100 onto of etwey Austrian schilling 15.70 16.70 Belgian
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      111 25 Duration Title Venue (frgamser Td Sep 19-24 International Italy COS MIT 2/*****61 Lighting Exhibition Sep 24-30 International Bulgaria Foirc 1/*****146 Technical Fair Internationale De Plovdiv Sep 25-29 International Austria Weiner Messen 222/*****4 Trade Fair for Und Congress Production k G m.b.H Finishing Techniques Sep 25-30 International Spain
      111 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      292 25 1 A fire-prevention device 9No price is fixed, though j exactness is called for (9) 10 Sensational cover an- cient city housing (5) 11 Choice work. Turn it on 11 I I I I Name characters qualified cessions (8) 13 I 114I 14 I 13 Check the queen's canopy HHH
      292 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      209 25 Singapore Oadoolc Showers over several ims in the afternoon. Report: Max temp. 31.5 Assoc humidity 71% Min temp..... 24.3 X? Assoc humidity 92% Hrs of sunshine. 5.85 Rainfall in mm Nil Rainfall this mth 110.1 Rainy days this mth 10 wona forecast Asia-Pacific Hi/Lo* Cowl. Auckland 15/05 Fair Bangkok 34/26
      209 words
    • Miscellaneous
      Page 25 Miscellaneous Column 3
      23 25 EgggCTSHBI fUjrnW UP my CUSHION TMPTT NCu)l©»iP IS LOSING NO? GRiP... J L 3 ir& L_ C EVCMMQ rrANOAMO CO LTD.. IN2-1«M 9£fasA
      23 words
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  • Article, Illustration
    Concern accompanies general accord
    572 26  -  Hearing on the Maintenance of Religious Harmony Bill By Anna Teo A TIMELY preventive measure that's superior to existing legislation that's how five of the six religious organisations and individuals who appeared yesterday before the Select Committee on the Maintenance of Religious Harmony Bill, saw the
    572 words
  • Article
    Lock icon M'sia and Batam will also benefit from growth triangle
    384 26 Bernama MALAYSIA, Singapore and the Indonesian island of Batam will all benefit from the establishment of a "triangle of growth" within Asean, contrary to criticisms from some quarters that only Singapore will benefit from such a development, Johor Mentri Besar Tan
    Bernama  -  384 words
  • Article
    S'pore economy unlikely to be threatened
    235 26 HIGHER oil prices will probably hit Singapore's balance of payments (BOP) hardest among the net oil-im-porting economies in the Asia-Pacific, but this is unlikely to threaten the national economy since the BOP is healthily positive at present. Economist Shankar Sharma has estimated that the
    235 words
  • Article, Illustration
    In Executive Lifestyle tomorrow
    117 26 Lifestyle Always wanted to produce a TV show but thought you had to join SBC to do it? Samuel Ee says no, not if you take the cue from one locally-based film company. Personal Finance Investment Currencies: The new breed of high yielders Singapore Petroleum Company:
    117 words
  • Article
    Christian group seeks judicial review
    355 26 THE PROPOSED legislation to maintain religious harmony should provide for judicial review of prohibition orders served by the government, in the view of the Graduates' Christian Fellowship (GCF). The organisation, represented by its president, Asso-ciate-Professor Ernest Chew; past president, Assoiate-Pro-fessor Lee Hin Peng; and Mr
    355 words
  • Article
    Lock icon Thai stock exchange enforces new rules to fight abuse
    275 26 AFP THE SECURITIES Exchange of Thailand (SET) has passed new regulations to prevent brokers from speculating with iateat to manipulate share prices on the volatile bourse, a bourse spokesman said. The spokesman said that as of the beginning of the month,
    AFP  -  275 words
  • Article, Illustration
    Lock icon Lonrho starts legal action against Fayeds
    408 26 Reuter BRITISH tycoon "Tiny" Rowland started legal action yesterday to try to wrest control of the London department store Harrods from the Egyptian brothers who foiled his takeover attempts five years ago. The brothers, Mohamed, Ali and Salah al-Fayed, bought the luxury store and
    Reuter  -  408 words
  • Page 26 Advertisements
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  • Shipping Times
    • Article
      JAL may make Moscow its European airhub
      538 27  -  Issue likely to be discussed next month By John Tan JAPAN AIRLINES, Asia's largest carrier, is considering using Moscow as an airhub for the massive European aviation market. Sources told BT the carrier has been gearing up operations at Moscow since late last
      538 words
    • Article, Illustration
      THAI listing may take place next month
      374 27 THAI Airways may be listed on the Thai stock market as early as next month or at the end of the year, as pressure mounts for the carrier to go public to raise funds for its massive expansion plan. The plan is also
      374 words
    • Article
      Kemaman Supply Base set to handle boxships
      363 27  -  By Khaidir Abd Majid THE Kemaman Supply Base (KSB) is ready to accept containerships at its east wharf. Container-handling facilities have been put in place recently, said a source, who expects the port to handle its first shipment of containers by next month
      363 words
    • Article
      Tanker deals falling through
      293 27 The Gulf Crisis TANKER DEALS are beginning to come apart as a result of uncertainty caused by the Gulf crisis, reported Seatrade Week. B&H Corp of the US has stepped back from its planned purchase of the Suezmax tanker Vasilikos because a five-year time charter from
      293 words
    • NEWS SUMMARY
      • Article
        Growth begins at home
        48 27 BATTLING local rivals and a crucial shortage of time-slots for international flights, Asian giant Japan Airlines is ironically tapping its domestic market to stay ahead. It is improving its passenger loads for internal flights, which in turn will complement its international flights Page 2
        48 words
      • Article
        France introduces new bill for telecoms
        50 27 A BILL regulating French telecommunications approved on Wednesday by the cabinet is part of government ambition to make France a world leader in telecommunications. The bill could become law by the end of the year, the French Post and Telecommunications Ministry said Back Page
        50 words
      • Article
        Foreign firms bidding for Manila project
        53 27 SOME of the world's biggest manufacturers of telecommunications equipment are bidding to supply the Philippines with key components of its planned expansion of the cellular mobile telephone system. The expansion project calls for the installation of 40,000 additional CMTS lines to meet rising market
        53 words
      • Article
        The reversal role of Aussie unions
        42 27 THE power of Australian unions on the waterfront and their ability to slow down the reforms in the shipping industry has surprised Nicholas Finney, who is himself not unfamiliar with the might of unions Back Page
        42 words
    • Article
      Thai Cabinet approves phone award
      292 27 THE THAI Cabinet has approved in principle the award of a 25-year telephone concession to a Thai-British group, which estimated that it will spend at least US$5.9 billion to install three million lines. The Charoen Pokphand Group and its partner British Telecom will in turn
      292 words
    • Article
      Lock icon Pan Am says foreign carriers receptive to links
      197 27 Reuter PAN AM Corp chairman Thomas Plaskett said the airline has held talks with several foreign carriers and "there is some element of receptivity" to strengthening links between Pan Am and the carriers. Mr Plaskett, speaking to airline analysts, would not say
      Reuter  -  197 words
    • Article
      Lock icon EC to curb European airline alliances
      300 27 Reuter THE European Community plans to keep firm control of moves by Community airlines to forge bigger alliances by vetting the increasing number of joint ventures between European carriers, EC Commission officials said. A policy paper to be discussed on Tuesday is not legally
      Reuter  -  300 words
    • LOG BOOK
      • Article
        Oct 15 deadline for Thai satellite project
        124 28 THE THAI Transport and Communications Ministry has set Oct 15 as the deadline for each of the four firms vying for a satellite project to submit a 100-million-baht bank guarantee. The four firms are Shinawatra Computer Co; Piyanant Co, a joint venture between
        124 words
      • Article
        Sattahip's profit at 11-year high
        85 28 THAILAND'S Sattahip Port has reported its highest profit for 11 years, at 41 million baht, during the first 11 months of fiscal 1990. Sr Lt Pongsak Vongamoot, director-general of the Port Authority of Thailand, disclosed that during the period, Sattahip Port's profit exceeded a target
        85 words
      • Article
        Sabena needs 6b francs: report
        96 28 BELGIUM'S state-owned national airline Sabena, which last year established a joint carrier with KLM Royal Dutch Airlines and British Airways pic, urgently needs a capital injection of six billion francs, the daily newspaper Le Soir said. It said an increase in staff and rising fuel
        96 words
      • Article
        Air France posts US$32.7m loss
        120 28 AIR FRANCE reported a loss of about 170 million French francs (about U5532.7 million) in the first half, compared with a net profit of 685 million francs for the whole of 1989, it emerged on Wednesday after a board meeting. Air France said in a
        120 words
      • Article
        Denmark setting up airport firm
        119 28 DENMARK'S Traffic Ministry is forming a new company, Koebenhavns Lufthavne A/S (Copenhagen Airports), which will have a 900 million crown share capital provided by the state. The new company will run Copenhagen International Airport at Kastrup, along with a small nearby airport at Roskilde, west
        119 words
    • Article, Illustration
      Growth begins at home
      1033 28  -  Japan Airlines is tapping its domestic market to stay ahead. John Tan, in Japan recently, reports John Tan, Looking inwards to grow. That is Japan Airlines' strategy over the next few years. No, the Asian giant is not slowing down at a time when most airlines
      1,033 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      523 28 Sep 17 If DmityWater Ash N ■Man Sedbnant M/M Emmhi RG/M*3% V/V M/M M/M PPM method ISO/Cfcnac Mb Spec E?5 ***** 150 010 30* 0.10* Spec G35 ***** 18.0 0.15 30* 010* Nariheni Europe 180 Am 9830 3 134 004 6 0.02 180 Mai *****.2 19.3
      523 words
    • Article
      INDEX TO ADVERTISERS
      1253 29 Page Col I ABC Containeriine 13 5 Accord Group 8 1-3 Ahrenkiei Liner 16 I Albatros Sea-Air 14 5 Alfred C Toepfer 15 5 APL 5 3-5 A PC Line 14 4 AFS 15 I Arrow Lines 9 5 ASG 16 3 A cWarehousing 15 4 ASXCL
      1,253 words
    • Article
      THE SHIPPING GUIDE
      12072 36 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
      12,072 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        608 43 frnd Hi Berth Pepartoe KmmI Wharves Bar 1 K32 alongside 2109/1130 BmGm 1A K34 alongside 22 09/0600 fee Ta Shan 8063 C09 alongside 2009/1600 Sdu Matsuya 4 K29 alongside 20 09/2100 m OhoadN 1 7 K30 alongside 20.09/1300 Yuh 1 K31 alongside 2209/0600 Ms Trust 2m C10
        608 words
      • Article
        CONTAINER SCHEDULE
        1071 43 RECEIVING Of EXPORT FCl CONTAINERS AND LCI CARGO Record MAg/Nton Mb SMp Voy No Etb/Btr Period From To From talit IB 23/1900 3 21/0700 21/1159 21/1400 4 21/1200 21/1459 21/1700 Aka Bhum 59S 22/2300 2 20/1700 21/0659 21/0900 4 21/1200 21/1459 21/1700 An Chun S103 22/2300 3 21/0700
        1,071 words
      • Article
        DAILY FREIGHTS
        989 43 CHARTERING on the dry cargo freight market on Wednesday remained quiet but details emerged of two firmer grain fixings on the key US Gulf to Europe route, brokers said. Charterers paid a lump sum USSS4S,OOO for grain stowing SS ft from Mississippi to the Netherlands or U*****,000 to
        989 words
      • Article
        IN MALAYSIAN PORTS
        328 43 Port King South Port on Sep 19: Botany Transcedent berth 1; Sanko Laurel berth 3; Jenwin berth 4; Pernas Safari berth 6; Mutia Hayu berth 7; Berjasa berth 7A. KCT: Anro Asia berth 8; Urn Mercy berth 9; Bunga Penaga berth 9; Toyama berth 10. North Port
        328 words
    • Article, Illustration
      Lock icon New telecom bill for France
      664 44 AFP A BILL regulating French telecommunications approved on Wednesday by the cabinet is part of government ambition to make France a world leader in telecommunications. The bill could become law by the end of the year, the French Post and Telecommunications (PTT) Ministry said. It
      AFP  -  664 words
    • Article
      Major foreign firms bidding for Manila telecom project
      238 44  -  From Al O Labita in MANILA SOME of the world's biggest manufacturers of telecommunications equipment are bidding to supply the Philippines with key components of its planned expansion of the cellular mobile telephone system (CMTS). The expansion project, to be carried out
      238 words
    • Article
      Aussie unions take on a reversal role from UK
      266 44  -  From Florence Chong in SYDNEY THE power of Australian unions on the waterfront and their ability to slow down the reforms in the shipping industry has surprised Nicholas Finney, who is himself not unfamiliar with the might of unions. Mr Finney,
      266 words
  • Page 27 Advertisements
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      88 28 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
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      Page 28 Advertisements Column 2
      13 28 WiicT WHAT, VrlXCfluV AM& WHEN I IN THE MARKET Every Thursday... ADVERTISING MARKETING
      13 words
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      Page 28 Advertisements Column 3
      51 28 FAST EASTERN FREIGHT CONFERENCE NOTICE TO SHIPPERS AND RECEIVERS The Member Lines wish to advise that revised arrangements for Demurrage and Detention Freetime and charges for Singapore will come into effect from 1 November, 1990. Full details are available from the Member Lines, their agents and the Conference Secretariat. .4
      51 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      2020 29 '-jk —WM jardine shipping agencies 200 Cantonment Road #12-05 Southpotnt, Singapore 0208 \llVfr Tel *****11 TELEX NO RS ***** WIIIHW TERMIHAL/CFS T«l *****18 220 I* MMfl BOOKINGS Tel *****34 235 K VQCGf J PESAKA JAROINE SHIPPING AGENCIES SON. BHD. PORT KELANG TEL. *****18 TELEX NO. MA*****/MA***** PENANG TEL *****4 TELEX
      2,020 words
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      Page 29 Advertisements Column 2
      30 29 Lines and MrvlcM r*pr«s«nte<i Members of th« Registry of Accredited SMpptng Agents, Singapore National Ship- vMSjMjj ping Association. tor advertising and circulation enquiries, contact Busing Times Tel 737-8800. Fax 235-9320.
      30 words
    • Advertisement
      Page 29 Advertisements Column 3
      2241 29 VHHI Voy ETA I ETD "Port -Penang DESTINATIONS Singapore K slang This mk Maria U Closing Tim# Faadar by CY ?V9 0400 MRS M Farco ft BBS 1 CFS 24/S 29W HRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL HYC MOW TOP MARIE M 9002 ?V9
      2,241 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1154 30 i ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 95/514 24/9 10/10 13/10 15/10 BREMEN EXPRESS 96/515 27/9 22/10 16/10 18/10 15/10 21/10 BENAVON 96/518 30/9 17/10 20/10 22/10 KATSUfIAGI 02/517 4/10 29/10 23/10 25/10 22/10 26/10 BENALDER 97/522 7/10 24/10 27/10 29/10
      1,154 words
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      Page 30 Advertisements Column 2
      476 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 28/9 9/10 12/10 17/10 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 30/10 31/10 3/11 Aho acceptinf Cargo to CjlLm (Peru) vis Valpa Agents: SINGAPORE: *****56
      476 words
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      Page 30 Advertisements Column 3
      1381 30 B| JNMMMW& SMSi REGULAR MOEPENOENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM ORE LHA (VIA (VIA (VIA ALG) ROT) HMI) N SINGA 9029 3 21/09 12/10 14/10 17/10 19/10 22 10 21/10 23/10 24/10 N. AL MUNTA2AH 9030-3 28:09 11/10 21/10 24 10
      1,381 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1604 31 Steamers Maritime Holdings Ltd P&O I PnW STRAITS SHIPPING I Containers iMSWa''"* toy No IPKtant S'pvt js*r H*b«f rkeven ffifm Left ACCEPTS DUE SAILS TOUIO EXPRESS »514 >8AN170» 2W# 11/ JO U/10 IVIO C**® o BMMEN E*P«SS WSIS +BM 2MB 22/10 I</10 11/10 15*10 21/W MERCURY JAM MM Ifaara. KK,
      1,604 words
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      Page 31 Advertisements Column 2
      1628 31 SP IN RON NAM t'HVN FIX SPORE NK KAO KM BU HANJIN FELIXSTOWE 004* 22/1 HflO U/lt 12/U U/10 IVU CNOVANC SUCCESS OIK 1/W 4/M *10 t/11 U/11. CHOYANC PARK 010W 2*l 17/10 I*lo I*lo 2*lo 22/10 HANJIN HAMBURG 00ft 11/10 I*lo I*lo I*lo HANJIN OAKLAND 010W 7/10 2*lo 2*lo
      1,628 words
    • Advertisement
      Page 31 Advertisements Column 3
      346 31 CONVENTIONAL SERVICE TO YANGON ETA SPORE 22/9/90 ETA P.KELANG 24/9/90 ETA YANGON 28/9/90 M.V. "HIM BAO" Voy 3 IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK PL DBN CT SAPAMCA W SW SW SM 22/1 21/9 4/1B •Also calls E.L A P.E. GENERAL AGENTS: HAI SUN HUP CO.
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      Page 32 Advertisements Column 1
      621 32 DJASAGETRI A Joint Europe S«rvlc« Ok P.T. NNUffft LLOYD M. CESUII LLOYD OCT. tMHOHM MOOMSU O.T. TMKOM LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE i— —j VSUVOT S PORE R DAM/ M BURG BREDKN ANTWERP A OAM NATARAMP7WS 22 2M 22/10 20/10 20/10 2/11 A VESSEL 10-13/10 14/11 10/U 22/11
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      Page 32 Advertisements Column 2
      587 32 6ft HANJIN SHIPPING I yy FULL CONTAINER SERVICE Spore LeHavre R H bu/| B haven Ft tow* FEEDER VSL SIN LINE HAUL LAX OAK HANJIN FELIXSTOWE OB4W 22/9 lQflO 11/10 12/10 14/10 15/10 CHOYANG SUCCESS 010E 1/10 H KUNSAN OSCE 28/11 S/M CHOYANC PARK 010W 29/9 17/10 11/10 19/10 21/10
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      Page 32 Advertisements Column 3
      1288 32 g/mrjn _i. T J rrq^r^k IfKl SGP HKG KK KL6 PUS MKT OIK 94Z TTO LAX CHS BAI NYC UW AMI BOM FIX NK IfiP E GRACE BE-008 1W Vfi V» 4/11 *14 Ml Hm U|N H|K IVI X/H 7/11 11/11 «U 21/U SfU >VU HIU VU Vt I CUAMT
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      Page 33 Advertisements Column 1
      1868 33 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 Mrn AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 m -P- TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03)
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      Page 33 Advertisements Column 2
      1164 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUNO LOADING FOR WESTBOUND VO«U VOYAtt ISPORE IMAWLA WKOW voyag SKM mjj* mjK rm¥Ol TUUtT wn Ainapp
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      Page 34 Advertisements Column 1
      1492 34 \jC\ K line KAWASAKI LTD. J EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST j rsr fslsis'ns's.v ru. s s 7//ksk."^r~ it v is fsl MM wu mou. 1 2 m memv n bricEe 5 2i/io jglo »io george brioge »jm m m im Qnmn twT iwm wj
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      Page 34 Advertisements Column 2
      770 34 PHILI-ORKNT LINCS PTC LTD l>*P 106 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69/*****00 TELEX: RS ***** PHKJ FAX: *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 29 SEPT MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 24
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      Page 34 Advertisements Column 3
      406 34 rzz: GOLDEN LINE VyTNi GUAN GUAN SHIPPING tSA<\ (PTE) LTD 1 a TaM Avar Street SiNGAPOM MM 1 I TEL SH3MI O» LINO) to Q«MW (cr Ne mmmmm) BMBM—MUBUmi S*port P Keiant Panenj GOLDEN HAVEN Coiombo/Kjradii/tMai 27/29 Sa* GOLDEN BEAR Cotanba Karachi/Dubai 1/10 Oct cmpia mvia CUSMAN XianwvF uAou 2V2»
      406 words
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      Page 35 Advertisements Column 1
      1320 35 2S»Off PACIFIC INTERNATIONAL LINES (PTE) LTD Ifc P'l Building. 140 Cecil Strew XXHIO, Singaporeolo6. I JAKARTA I I BANGKOK VESSEL VOY SIN JUT SM VESSEL VOY SIN BKK SIN EDEN 9030 21/9 22/9 27/9 KOTA SING A 27N 22/9 24/9 2S/9 KOTA MELATI 1»SB 22/9 2S/10 29/9 PEGASUS PROGRESS 435N
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      Page 35 Advertisements Column 2
      1188 35 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL [VOY SPORE PKLANG S'HAMPTON HAMBURG BHAVEN R'DAM LHAVRE Cardigan Bay* 97/511 20/9 15/10 9/10 11/10 8/10 14/10 Tokio Express-f 95/514 24/9 Via Ban 10/10 13/10 15/10
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      Page 35 Advertisements Column 3
      333 35 M MYANMA FIVE STAR LINE V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIf Pen P.Gdg PAGAN VI6IW 24/27 SEP MAGWAY VIBW 2V3 S£P aIMSIP HPA-AN VISSW 21/1 OCT MERGUI VIO2W 4/7 OCT MYOMAYWA VI3IW 11/20 OCT PAGAN VI62W li/20 OCT THE BANK UNI (A Mrvic* of Andrew Welr
      333 words
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      Page 38 Advertisements Column 1
      779 38 jM'L!I,i""JL I INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FLX 88V *011 ANT HBG RST MCCKLENBURC t/M 3ft 28/18 W> 21/18 2W> it/10 ARABIAN SEN DRM3 82/18 WO 2S/18 W 21/10 10 GERMAN SEN WftM Kit JIJIO 1/11 2/11 4/11 4/11 piech v» w» ~~aa y»
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      Page 38 Advertisements Column 2
      1129 38 GBSSfEL. CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUB COttSOUMTBW SERVICES TE FAR EAST PORT KELANG 28/9 5/10 MANILA 29/9 6/10 PENANG 28/9 A 5/10 BUSAN 25/9 5/10 BANGKOK 23/9 A 1/10 TOKYO 27/9 A 4/10 HONG KONG 24/9 A 1/10 YOKOHAMA 27/9 A 4/10 KAOHSIUNG 23/9 A 30/9 KOBE
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      Page 38 Advertisements Column 3
      323 38 LOAOINC FPU LOADING FOR BUENOS AIRES VESSEL SPOKE CM DM IAIRES WfIOSO RIO ST* WT PASUA c isabei uwo wu una *u au- *u ndstweeni tffli am w urn am— wu v«m?2 DISCHARGING FM BRJUIL ONLY SPORE I NNL MK MI OUSAN YOK NQO ROB NOSTWCEN I 23/ M 2*M
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      Page 38 Advertisements Column 4
      1261 38 r fe t I i *3? CHINA OCEAN SHIPPING COMPANY COSCp 1 "^m!aSijSS,i l^" K FULL CONTAINER LINER SERVICE mny»^ os lp i c. NO: MVtmam General Agents: COSTAR SHOPPING PR LTD VESSEL/VOT SCP FLX ROT HAM ANT DKK VESSEL/VOY FIX ROT NAM ANT OWt J rm he/si* sp ivu
      1,261 words
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      Page 39 Advertisements Column 1
      775 39 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA I IPI Destns 29/9, 5/10 m I EUROPE all Ports 28/9, 6/10 BANGKOK 25/9, 29/9 HONGKONG/CHINA 25/9, 27/9 SYD, MEL, ADEL, BRIS 24/9, 28/9 FREMANTLE 27/9, 4/10 MANILA 23/9, 3/10 PKLG/PENANG 26/9, 3/10 1 Port Kolong Branch Tal: *****21/2/3
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      Page 39 Advertisements Column 2
      247 39 jdftl RICHFIELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Linoo) m FAX: *****15/*****03 to TELEX: RS ***** RISHIP (3 Lines) PT\ ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA LOAOING FOR SfOWE NETSANET 20WB 30/10 OARESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA MOOEIOAH
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      Page 39 Advertisements Column 3
      808 39 MASKAPAI PELAYARANj ™PULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE 1 TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE TORTS Of SPORE, INDONESIA, I MALAYSIA I THAILAND I ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 I StftQAPORC INOONCStA MRVJCt
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      Page 39 Advertisements Column 4
      618 39 BANGKOK CEBU/MANILA JENLINK 24* Sjl Tin Tm KITI BHUM «S IN PT 27/0 200 MAHA BHUM# 27N Sun 23/0 W«d 200 SO ORIENT 30R M/ 0 4/M </» SIRI BHUM# 404N Tw 250 Fri 20/0 KITI BHUM 4BS l/tt 11/ M 13/ M NANTA BHUM OOP W«d 200 Sat 20/0
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      Page 39 Advertisements Column 5
      373 39 TO AUSTRALIA/NEW ZEALAND twt antes mnH Si ~iH mi wi Si t Bti wm Si SS W Su ■tussa m vfi wi Su Su Su vu c. vaauK»~ Sii Su ~ou Hu Su Sn 1* DATS TO SYDNEY! TO USA/CANADA f"** |Timlin |H Ortmm IClMrtM— |»ll«lilpHi \t*U~ Z— tut Exmst
      373 words
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      Page 40 Advertisements Column 1
      1110 40 MAC-NELS SINGAPORE 1 uw«t tel ttttttt I www TO: aitott AyAI PENANG TEL: (04) *****6 |KK TEL (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2! LABUAN TEL: (087) *****9 >
      1,110 words
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      Page 40 Advertisements Column 2
      523 40 fjCfc, BLUE star line SINGAPORE TO I NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY .SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT PREMIER OOS Sap M Oct 22" Hs£ MULBERA
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      Page 40 Advertisements Column 3
      1206 40 ygn THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m I eta I kit ißia m cth |«t KIM SOON LI 37/90E 22 SEP
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      Page 41 Advertisements Column 1
      759 41 VM W*v COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM Z CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pwun|* P. Ktljng Stngapor* MURRAYEVERETT 22/23 S«pt 24/20 Serf KARABIEVERCTT** 25/20 Sept 27/21 S*pt Disch) 2 Diach) 12/14 Oct
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      Page 41 Advertisements Column 2
      588 41 VSL [VOY [S PORE [MAINLINER [LAX |XST ISAV [NYC |HfX I IM OSAKA 1« vi» IMI HAIFA B/M Ifll 1/11 «/U MM im piraeus ux mt im hongkonc am MM i/u yu m /IM SINGAPORE K 21/10 tm TOKYO l(U *U IW «U 11(11 MOAT Ul 3110 im TOKYO lfll
      588 words
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      Page 41 Advertisements Column 3
      623 41 SING KWANG HANGI f •MPffM TRAMarOMTATKM (PTI) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 25/9 29/9 JENWbL 25-9 28/9 VESSEL SPORE BANGKOK A VESSEL 2279 25/9 A VESSEL 24/9 27/9 DESTINATIONS ETA SINGAPORE PORT KELANG 28 SEPT MANILA 29 SEPT HONG KONG, ALL CHINA PORTS 23 SEPT KEELUNG.
      623 words
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      Page 41 Advertisements Column 4
      520 41 A PERINTIS LINE 11 1 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA vessel voy sin jkt sby POMTIAMAK* DERAJAT 903 22/09 25/09 TANTO SEJATI 23 26/09 29/09 DERAJAT 904 29/09 02/10 TANTO SEJATI 25 03/10 06/10 TANTO UTAMA 107 22/09 25/09 TANTO UTAMA 109 29/09 02/10 TANTO UTAMA 111
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      Page 41 Advertisements Column 5
      389 41 SIN M EAST 23/9 KEELUNG/KAOHSIUNG 22/9 BANGKOK 22/9 MANILA/CEBU 22/9 JAKARTA/BELAWAN/SURABAYA 21/9 PORT KELANG/PENANG/E. Malaysia 21/9 BUSAN 21/9 TOKYO/YOKO/KOBE/NGO/OSA 24/9 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xtamen/Xingang/Shanghai Hi mmm 22/9 LDN/FLX/LVP/SOU .22/9 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/BuJgana/Czech. SIN USA/CANABA 22/9 LOS ANGELES/NEW YORK all IPI pants
      389 words
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      Page 42 Advertisements Column 1
      557 42 AA CB SHIPPING rt®> marine services NORTH QUEEMSUND/PAPUA NEW GUINEA SERVICES COHTAMER/LCL/BREAK BULK SERVICE "AMKE" SERVICE SPE LAE MISIMA T'VILLE V.1758 24/9 3/10 7/10 12/10 BUNKER SURCHARGE EFFECTIVE 1/8/80 TEU U5025.50 B/BULK USD 2.50 TcL "SO ISO SUBJECT REVIEW BOOK VUGS ACCEPTED FOR EAST MLMATAN M wplriw art PLATOU PACIFIC
      557 words
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      Page 42 Advertisements Column 2
      520 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYtCHEVSK MERSIN TRIESTE B.M.T VI7CW9O MM 17/10/80 18/10/90 23/10/90 I.Y. Vl7-90W 28/9/90 23/10/90 14/10/90 18/10/90 K.V.U. VIBCW9O 4/10/90 27/10/90 29/10/90 3/11/90 KM V 18-90W 15/10/90 10/11/90 1/11/90 S/11/90 K.V.T. V2OGW9O 22/10/90 12/11/90 13/11/90 18/11/90 ALSO ACCEPTING CARGO FOR MILANO LASPEZIA
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      Page 42 Advertisements Column 3
      263 42 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 23f19 27/09 30/09 3/10 HONG KONG 21/S 25A8 27/K 30/09 BUSAN 24f1» 29f19 04/10 10/10 BANGKOK 23f1» 3<M» 07/10 14/10 MANILA 24f19 04/10 14/10 24/10 TTSA 2909 06/10 13/10 20/10 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 0106
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      Page 42 Advertisements Column 4
      411 42 JEF OCERnSERVJCE W LCL/FCL SERVICE TO/FROM Oiftwl Afiflli! OH KL: allied-LINK SINGAPORE: m 04-*****2 *****8095 778 6522(22 lines) SEES Marin* Onfl Suun Ng/ChrtaMna CMew .OoDy Mtrpuri/Esttwr Yap hmb—Ußß w» FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTWEEN NOVA MV SUNDERLAND ENDEAVOUR AT BUSAN AT LABUAN ETA INCHON 20/9
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      Page 42 Advertisements Column 5
      364 42 K FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 16NB 243 VIGOUR PACIFIC 17NB 4/10 BANGKOK 23S 30 "3 BUSAN 25/9 5/10 HON6KON6 25/9 29/9 DURBAN *V 9 12/10 KEELUN6 233 303 PT. LOUIS 30/9 12/10 PT. KELAN6 28*9 VlO KOBE 24/9 1/10 T PIRAEUS 26/9 810 OSAKA 25/9 2/10 JAKARTA 26/9
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  • Page 43 Miscellaneous
    • Miscellaneous
      Page 43 Miscellaneous Column 1
      568 43 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR OMO 01M 02W 03M MM 0500 OMO 07M OMO MM IMOIIMI2MI3MI4MISMIWOI7M IM« 19M 2MO 21M 22M 23M JR 2.9 2.9 2.6 2.0 1.3 OJ 0.6 0.5 a 7 12 1.9 26 2.8 28 2.5 2.0 1.3 04 0.4 OJ 05 0.8
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      Page 44 Advertisements Column 1
      406 44 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG OHRMAZD 7-9/10/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P BAHRU JAMBI TBN 27/9/90 30/9/90 2/10/90
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      Page 44 Advertisements Column 2
      699 44 I/HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA ciii~ FROM PSW VOY LBH OAK SEA HKC SIN~ HYUNOAI PIONEER 35E 29/09 04/10 22/10 24/10 27/10 26/10 HYUNOAI CHALLENGER 35W 14/01 17/01 MM 06/09 IMT LALANOIA 35E 6/10 11/10 29/10
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      Page 44 Advertisements Column 3
      435 44 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) N^H |tjKlrroii *»*<. rjj. u» ,g«f an or edimuk u/» wb g! ii„„ini :t. im CARDIGAN »AY W IVW *J0 IVM "OJ :to all UK MwlM. Mf*(t mi MM towo express an urtj V» KSjMjI!LH SSSS."" 1 l»;jss 5S X ■HMH MEDITERRANEAN
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