The Business Times, 28 September 1990

Microfilm: NL17108
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday September 28 1990 75*
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  • NEWS SUMMARY
    • Article
      World Bank may have to seek more from rich nations
      91 1 IN A NEW indication of the escalating economic fallout from the Gulf turmoil, the head of the World Bank said yesterday that he may be forced to call upon rich nations to boost their support for the international lending institution
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    • Article
      Nikkei in S'pore
      29 1 JAPANESE media giant Nikkei is establishing a presence in Singapore, which will also serve as a base to penetrate the buoyant South-east Asian markets. P««e 2
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    • Article
      $1.7m for JITCS
      24 1 THE Skills Development Fund (SDF) is providing $1.7 million to set up the Jewellery Industry Training Centre of Singapore Page 2
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    • Article
      Offsetting losses
      33 1 HONGKONG'S US exports will suffer as a result of the Gulf Crisis, but trade officials and analysts say the impact will be offset by re-exports to other major markets. Page 7
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    • Article
      Thai skytrain project
      26 1 THE Thai Cabinet has finally endorsed the proposal for the Lavalin Intelligence Group to build the 42 billion baht skytrain project Page 7
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    • Article
      UK in difficult phase
      30 1 MARGARET Thatcher said Britain's economy was entering a difficult phase and appealed to captains of industry to refrain from awarding themselves big pay rises. Page 8
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    • Article
      US to sell oil
      25 1 US PRESIDENT George Bush has decided to sell five million barrels of crude oil from the Strategic Petroleum Reserve Page 9
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    • Article
      Coco Chanel
      21 1 A NEW BOOK recreates the colourful decades that Chanel, the ambitious French fashion designer, inhabited and influenced Page 17
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    • Article
      Document storage
      29 1 SPURRED by the strong demand for document storage, Crown Pacific is planning a Singapore facility for this purpose within the next two years. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow Jones up
      53 1 LOWER oil prices helped the New York stock market shoot up at the opening bell yesterday, but equities struggled to hold on to the gains. The Dow Jones Industrial Average, which surged more than 20 points at the opening, was up 9.16 at 2,468.81 in the first
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    • Article
      Footsie up
      34 1 SHARE PRICES on the London Stock Exchange were sharply higher at midday yesterday At about 12.15pm, the Financial Times-Stock Exchange 100-share index was up 26.1 points, or 1.3 per cent, at 2,026.1.
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    • Article
      Japanese turned down
      30 1 NEW ZEALAND Lands Minister Peter Tapsell announced yesterday that he has refused a Japanese company permission to buy one of the country's top golf courses Page 4
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    • Article
      New car plant
      28 1 WEST GERMANY'S giant car maker Volkswagen laid the foundation stones of a new five-billion-mark (US$3.2 billion) car plant in East Germany on Wednesday. Page 5
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Chaaft BT-MGA 558.48 -1.02 Kuala Lumpur ....469.84 -4.04 Hongkong 2,767.95 -10.79 Tokyo 21,771.91 -478.71 Sydney 1,394.2 +8.2 Wednesday Change New York 2.459.65 -25.99 London 1,532.60 6.00
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    • Article
      CURRENCIES
      21 1 Exchange rates USS S$ 1.7645 Yen a 1 .2805 MS SJ0.6534 Money Market rates Overnight 7-3/4 +3/4 3-month 6-5/8 1/8
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    • Article
      COMMODITIES
      37 1 London GoM PM fix US$403.95 US$1.25 S'pore Oct.... l55.75*/kg -1.25 M'sia Oct 239.50«/kg unch KL Tin Turnover 75 tonnes +30 Spot M$ 15.7 l/kg +0.04 Credo pain ofl Turnover 658 lots +338 Oct M$664 /tonne -600
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  • Article
    Nikko to be listed on SES main board
    323 1  -  By Quak Hiang Whai NIKKO Securities, one of the Big Four Japanese brokerage houses, will be listed on the main board of the Stock Exchange of Singapore next month. This is the first time a Japanese securities house has sought a listing
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  • Article
    World oil prices dip, local prices up
    403 1  -  The Gulf Crisis By Lilian Ang CRUDE oil prices on international markets eased yesterday, while in Singapore oil companies began another round of wholesale price increases. Spot prices for the benchmark North Sea Brent Blend were quoted at about US$39 per barrel in
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  • Article
    Iraq steps up its threats
    259 1 Baghdad admits sanctions beginning to bite Km/ IRAQ has stepped up its threats against Western diplomats and hostages in an almost desperate bid to counter increasingly stiff United Nations sanctions that it admits are beginning to bite. The United States, Britain, France, West Germany said
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  • Article, Illustration
    Du Pont building $180m fibre plant
    392 1  -  Company reaffirms investment commitment to S'pore By Genevieve Cua AMERICAN chemicals giant Du Pont's investment plans in Singapore are "on track" in spite of continuing tensions in the Gulf. The company signalled its commitment yesterday as it broke ground for a 180 million facility
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  • Article
    Lock icon Manila considering law to go around one-China policy
    205 1 Reuter THE PHILIPPINES said yesterday that it was considering a bill to protect trade and investment from countries it did not recognise, a move aimed at attracting Taiwanese investment without jeopardising ties with China. There is such a bill being considered... so
    Reuter  -  205 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      218 1 I OF LONDON Willing 1' INII ***** C! 1t ■> I W.itdio IWkCt I iL'lltCl-> I XCClltlM* t lit! Sl'tN Kmx \fs /)>'//. I (in tor i aitu/oi! ;/i- t(ula r Anton fan Agencies Pte Ltd Tel 272-1143 Aircraft Schedule 27 Money Market 25 World Stock Markets 24 Commodfes 26
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      211 1 In Executive Lifestyle tomorrow 1 «iP Lifestyle Jaime Lye doesn't know what to do in Versace-land Personal Finance Investment Outlook for D-mark following Oct 3 German unification A look at two new share offers: PSC and Kay Hian Opinions Each day, 40,000 children die somewhere in the world: Something can
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      4 1 Full report, Page 11
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      145 1 KIO stake in UK firms not for sale, Pg 5 US to sell 5m barrels of oil from reserves, Pg 9 Japan not dipping into reserves yet, Pg 9 Editorial, Pg 10 Buying interest in metals wanes, Pg 26 I Join us at the top. Enjoy the best Beijing Kj,
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      9 1 ■B^B==asss=s====assSS=a»«^==== BS5,aMa nspii§ir®~i Quadruple Zoom+ Auto Iwo-Cokx. m 1
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SIA takes delivery of seventh Megatop
        55 2 SINGAPORE AIRLINES yesterday took delivery of its seventh Megatop (8747-400) aircraft in Seattle, part of an order for 20 such aircraft placed in 1986. Total cost of the order is US$3.3 billion. SIA has since placed in January this year another order for 30
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      • Article
        Two top working mothers
        61 2 TWO WOMEN have been jointly voted top working mother for 1990, the first time the award is presented to two winners since it was started three years ago. The judge and sponsor of the award, Caldbeck Macgregor (S), said Janet Tan-Collis and Aiphonsa Gomez were equally
        61 words
      • Article
        Five Power exercise in M'sia
        53 2 SOLDIERS of the Five Power Defence Arrangements nations will take part in an exercise between Oct 2 and 18. Called Suman Warrior, it is organised by the UK and will take place in Kdantan. The other countries involved in the exercise are Australia, Malaysia, New
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      • Article
        SAF promotes reservist officers
        41 2 A TOTAL of 104 reservist officers received their certificates of promotion yesterday. Speaking at the presentation ceremony, Lt-Gen Winston Choo, Chief of the Defence Force, said promotions in the SAF were given strictly on a merit basis.
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    • Article
      PSA gets more byte muscle
      234 2 THE PORT of Singapore Authority is getting expertise to develop two computer systems that will manage container handling and marine activities. The expertise will be provided by the National Computer Board (NCB) under its strategic corporate partnership programme. Announced in March this year, the programme
      234 words
    • Article
      Nikkei making presence felt
      325 2  -  Group enters venture with local exhibition organiser By Schutz Lee JAPANESE media giant Nikkei is establishing a presence in Singapore, which will also serve as a base to penetrate the buoyant South-east Asian markets. Yesterday, Nikkei launched a joint venture with local exhibition organiser, Communications International
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    • Article, Illustration
      Farewell to Wee Chong Jin
      101 2 FORMER CHIEF JUSTICE Wee Chong Jin posing for a family photoSiph with daughter Veronica and sons Laurence, John and Patrick (from i to right) at a farewell party held at the Court of Appeal yesterday. Mr ee, who has been Chief Justice since 1963, officially
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    • Article
      Jewellery centre to get $9.7m SDF training grant
      269 2  -  By Diana Oon THE SKILLS Development Fund (SDF) is providing $1.7 million to set up the Jewellery Industry Training Centre of Singapore (JITCS). The first such facility here, the centre will run training programmes to upgrade the skills of jewellery workers. Another
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      272 2 Fly Air Canada to Boston and you can stretch for hours from head to toe. Fuliy adjustable to prevent wri and headaches. No airline's more laid back than us—a full nine :l* I;; t the business. i 4 M I iWr JUIZ Plenty of room to spread out your JBB&
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      British Virgin firm holds substantial stake in SMI
      330 3  -  By David Chew DALI COMPANY Ltd, a company incorporated in the British Virgin islands, has become a substantial shareholder in South Malaysia Industries Bhd, a Malaysian second-liner whose share price soared early this month. Dali Company Ltd made the announcement in a
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    • Article, Illustration
      Wing Tai expects lower earnings from property development
      360 3  -  By William Chia GARMENT and emerging property group Wing Tai Holdings may have been prompted to expand aggressively into the United States and United Kingdom garment markets because it expects property development to contribute less significantly to earnings this year. In a
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    • Article
      Lock icon G Lumber seeks manufacturing company
      302 3 Bernama GENERAL LUMBER (Holdings) Bhd, which proposed to acquire property development and publishing companies, is now seeking to acquire a manufacturing company to strengthen its corporate structure. "However, we have given ourselves 18 months to look for the right manufacturing activity to be included in
      Bernama  -  302 words
    • Article
      Will Fleet's medicine have any effect on Merlin?
      602 3  -  THE HOCK LOCK SIEW COLUMN By William Chia ON THE SURFACE, the latest rescue operation of debt-ridden property group Faber Merlin by majority shareholder Fleet Holdings, which is itself weighed down by substantial liabilities, looks like one non-swimmer trying to save another
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    • Article
      Horiguchi's earnings fall short of forecast
      347 3  -  By Magdalene Ng SESDAQ-LISTED Horiguchi Engineering Co will have to work harder in the second half of the year, if it is to come up with earnings to match the forecast it gave in the issue prospectus earlier this year. According to its half-time
      347 words
    • Article
      Lock icon New listing candidate
      93 3 Bernama ARAB-MALAYSIAN Securities Sdn Bhd is likely to be the next in line in the ArabMalaysian group to be floated and to seek a listing on the KLSE, Arab-Malay-sian Merchant Bank chairman Tan Sri Azman Hashim said yesterday. AMMB's securities subsidiary would go public next year "after
      Bernama  -  93 words
    • COMPANY BRIEFS
      • Article
        GB Holdings to consolidate shares
        116 3 GB HOLDINGS said its shareholders have approved the consolidation of its 34.1 million issued shares of 10 cents each to 17.0S million shares of 20 cents apiece at the extraordinary general meeting held on Wednesday. The Sesdaq group's authorised capital has also been increased from
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      • Article
        Tong Meng shares transferred
        43 3 TAN SRI Dato Teh Hong Piow has transferred 1.78 million shares in Tong Meng Industries held through Fairbanks Holdings to Kayakita Investment, Teh Consolidated and Teh International Investments at $3 a share, or a total value of $5.35 million.
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      • Article
        Eugene Yap made a director
        33 3 LIM KAH NGAM has appointed Mr Eugene Yap, Member of Parliament for Mountbatten, as a director and member of the audit committee. The appointments took effect on Wednesday.
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      • Article
        KLSE advised to take its time
        91 3 THE Federation of Public Listed Companies (FPLC) feds that the Kuala Lumpur Stock Exchange should not be too worried about delaying the start of the central depository system (CDS) scheduled for next January. FPLC president Tunku Naquiyuddin Ibni Tuanku Jaafar said there are still
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      • Article
        HLI records M$68m profit
        87 3 HONG LEONG Industries Bhd yesterday announced a 78 per cent increase iif its group pre-tax profit to M 568.04 million for the year ended June 30, 1990. Group turnover rose to M 5439.59 million from M 5334.76 million previously while profit attributable to shareholders amounted to
        87 words
      • Article
        Petaling Garden profits soar
        90 3 PETALING Garden Berhad has reported a 402 per cent increase in group pre-tax profit to MS 14.57 million for the half-year ended June 30, 1990, from M 52.90 million in the same period last year. Group turnover soared to M 535.98 million from the previous M$
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      37 3 T "rW w 'v tf.;v p* M kr z M j| Hml fete J L. Jp jF -fe.v.J V .lv W 5 .I j HVW39i<4^^l HENf V^r^i PARAGON SINGAPORE 0923 TEL *****59/*****71 j' IHHKi: kt y :sk
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        US multinational firms in Manila hit by bombs
        59 4 BOMB explosions rocked three American multinational firms in the Philippine financial district overnight, causing slight damage but no casualties, police said. Police and bomb disposal experts raced from one area to another in the posh Makati district, but failed to arrest any
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      • Article
        Bangkok's latest Lifeboat deal
        107 4 THE THAI Finance Ministry and the Bank of Thailand on Tuesday signed three separate agreements with private investors allowing them to acquire three financial firms rescued by the Government under the April 4 Lifeboat Scheme, according to a report in the Bangkok Post. The firms are
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      • Article
        Thai actress in real estate
        73 4 ACTRESS Pathrawadee Meechuthon (Sritrairat) is entering the real estate business planning to invest billions of baht in four projects: three in Bangkok and one in Hua Hin. The Bangkok projects will be on Lardprao Sukhumvit and Charansanitwon Roads. To be undertaken by the PSB Land
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      • Article
        PNG okays BP gas project
        104 4 BP AUSTRALIA Ltd said it had received final government approval to develop the Hides gas project in permit PPL27 in Papua New Guinea (PNG). The company, a unit of The British Petroleum Co pic, said the development project, to be known as PDLI, will provide
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      • Article
        Japanese trader in Laos venture
        105 4 NOMURA Trading Co, an Osaka-based Japanese trading company, said yesterday it has set up a joint venture in Laos with the Thai importer-exporter Saeed and with Laotian entrepreneurs. Nomura is the first Japanese company to establish a joint venture in Laos. Nomura officials said the
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      • Article
        Japanese executive sacked
        83 4 TANIFUJI Machine Industries Co Ltd, a medium-sized Japanese electronics maker, yesterday announced the sacking of an executive for manipulating sales figures totalling four billion yen (U5529.2 million). Tanifuji officials said in a report to the Tokyo Stock Exchange that the executive in charge of electronic equipment was
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    • Article
      Lock icon NZ turns down Japanese bid to buy golf course
      397 4 AFP NEW ZEALAND Lands Minister Peter Tapsell announced yesterday he had refused a Japanese company permission to buy one of the country's top golf courses. Mr Tapsell said he was not influenced by recent "unwarranted criticism of purchases of New Zealand
      AFP  -  397 words
    • Article, Illustration
      Lock icon Jardine Strategic posts 52pc rise
      355 4 Reuter JARDINE Strategic Holdings Ltd wrapped up the interim results season for Hongkong's Jardine Matheson Holdings stable of companies with a 52 per cent increase in first-half net, providing a rare bright spot in an otherwise disappointing results period. "The Jardines group certainly brightened up
      Reuter  -  355 words
    • Article
      Lock icon Future IEP earnings remain volatile, says chairman
      309 4 Reuter INDUSTRIAL Equity (Pacific) Ltd's future earnings remain potentially volatile since the sale of major investments has left a less mature share portfolio and a smaller buffer between cost and market value, chairman Sir Ron Brierley said. But he believes the company's performance
      Reuter  -  309 words
    • Article
      Thai-French 10b baht contract is largest ever
      189 4 A FRENCH group and a Thai development company have signed the largest building contract ever in Thailand worth 10 billion baht to undertake part of the construction of a gigantic residential/industrial complex in suburban Bangkok, The Nation reported. The contract, signed by Bangkok
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      107 4 If you re a Royal First Class or Royal Executive Class passenger in transit at Thai s Royal Executive Class lounge in Bangkok, you 11 find that whiling the time away becomes so much more pleaumt. Here you can relax in total comfort, in the spacious surroundings and soothing atmosphere.
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon VW building US$3.2b plant in East Germany
      369 5 Reuter WEST GERMANY'S giant car maker Volkswagen laid the foundation stones of a new five-billion-mark (US$3.2 billion) car plant in East Germany on Wednesday. West German Chancellor Helmut Kohl and Volkswagen chairman Carl Hahn presided over a ceremony to launch the biggest Western
      Reuter  -  369 words
    • Article
      Lock icon Philip Morris expects to clinch 20pc of Soviet cigarette market
      460 5 NYT THE PLANNED SALE by Philip Morris Cos Inc of American cigarettes to the Soviet Union the culmination of a 16-year relationship could eventually remit in the company winning as much as 20 per cent of the Soviet cigarette market,
      NYT  -  460 words
    • Article, Illustration
      Lock icon KIO stake in UK firms not for sale: Kuwaiti minister
      262 5 Reuter THE KUWAITI Finance Minister Ali Khalifa al-Sabah said in a radio interview that the stakes held in UK companies by the Kuwait Investment Office (KIO) "will...not be put back on the market". In an interview with BBCs Radio Four
      Reuter  -  262 words
    • COMPANY BRIEFS
      • Article
        Apple's chief talks of Japanese connection
        103 5 THE CHAIRMAN of Apple Computer, Mr John Sculley, said new strategic relationships would re-shape the computer industry in the 1990s and hinted that a Japanese "connection" could play a major role in his company's future. M We believe that miniaturisation and portability are going
        103 words
      • Article
        Sale of British Sugar unlikely
        87 5 FOOD ANALYSTS said an immediate sale of British Sugar or its parent Berisford International pic was still unlikely despite clearance by Britain of a proposed bid by milling and bread making group Associated British Foods pic for Berisford. Earlier on Wednesday, the UK Secretary of
        87 words
      • Article
        Siemens eyeing Mannesmann
        56 5 SIEMENS AG will take over Mannesmann Kienzle GmbH, the computer unit of Mannesmann AG, according to a report in the West German newspaper Schwarzwaelder Bote. Kienzle declined to comment on the report It repeated statements made earlier this week that talks by Mannesmann to find a partner
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      • Article
        More Mazda cars for E Europe
        105 5 MAZDA MOTOR Corp estimated its car exports to Yugoslavia at 3,000 units in calendar 1990, up from 350 units last year, a spokesman said. It also projected car exports to Poland at 1,600 units in 1990, 2.5 times higher than last year. Mazda plans
        105 words
      • Article
        JAL may raise fore
        83 5 JAPAN AIR LINES Co Ltd (JAL) president Matsuo Toshimitsu said on Wednesday that international airfares for flights originating from Japan may have to be raised if rising fuel costs cannot be covered by other means, a JAL spokesman said. The International Air Transport Association (lats) agreed
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      114 5 b takes a fraction over 12 aecomfc .bribeTQS VU Cramnfcie'|gf' bring back dl the joys of open top j nexty out of nght On die open road the IJ fine A i f mm yo* jlegd limit a touch more An effortless performance S&'wjtoiwock' bob* J**) other Jg§£' Oendfapsd am
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Australia alters bank adequacy rules
        86 6 THE Reserve Bank of Australia said it amended its capital adequacy rules to stop Australian banks from including investments in other banks as part of their own total capital. The new requirement, which relates to both debt and equity capital investments in local and overseas
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      • Article
        Midland denies report of cuts
        97 6 MIDLAND BANK has denied a press report that it is cutting operations in foreign exchange markets and pulling out of areas where other banks are more competitive. Senior Midland Bank pic spokesmen said in a statement that the bank considers its foreign exchange business as
        97 words
      • Article
        Deutsche Bank's expectations
        88 6 DEUTSCHE Bank AG chief executive Hilmar Kopper said he expected the bank's new East German operations to break even by the end of this year. Mr Kopper said that Deutsche's East German operations had performed better than expected. "Growth is much better than we thought it would
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      • Article
        Nigeria may suspend licensing
        78 6 NIGERIA may halt the recent proliferation of banks in response to a call from the Chartered Institute of Bankers to suspend licensing of new institutions. A delegation from the institute led by its chairman Femi Adekanye, told President Ibrahim BahangiHn, that the banking industry's main problem
        78 words
    • Article
      Lock icon More US banks expected to axe staff
      691 6 Reuter PRESSURE is mounting for other US banks to follow Chase Manhattan Corp's recent lead and lift reserves, cut dividends and slash staff, analysts said. Citicorp, a big real estate and leveraged buyout lender, is at the centre of the speculation, analysts said.
      Reuter  -  691 words
    • Article, Illustration
      Simex appoints new senior vice-president
      215 6 SINGAPORE International Monetary Exchange (Simex) has appointed Mr Wong Peng Kong as senior vice-president in charge of operations. He replaces Mr Quek Kar Tung who was also Simex's deputy chief executive officer. Sources said Mr Quek left to join a property group. Mr Wong, though
      215 words
    • Article
      Lock icon Shearson ranks first in value of acquisition deals
      296 6 Reuter AMERICAN Express Co's Shearson Lehman Brothers securities unit has jumped to the lead in value of 1990 Wall Street merger and acquisition deals in a softening market, according to Securities Data Corp. Preliminary numbers for the 1990 period ended Sep 25
      Reuter  -  296 words
    • Article
      Lock icon Belgian banker sees possible merger with deregulation
      373 6 Reuter THE GOVERNOR of the Belgian National Bank, Alfons Verplaetse, forecast Belgian banks would restructure and possibly merge because of market deregulation. "Banks have to rationalise, reduce the number of branches and work together," Verplaetse said in an interview in Washington with the
      Reuter  -  373 words
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      20 6 x v ItalOttl THE OFFENBACH Kxctosively al The Offenbach Paragon 290 Orchard Road *01-29/30 The Paragon Singapore 0923 Tel: *****29
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      163 6 v f-. jfiHm- I lr r (Ti' r "J >v Hfl v <or y°"r f Urf fto Ming and \j May V i V ctatlon. Mt CY Vang. trom Sichuan D some of Maste T c Wn ce. They e c szechuan CUI from n olv u mo*** day at
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Hongkong's re-exports expected to offset loss of sales to US
      618 7 HONGKONG'S exports to the United states will be dealt a blow because of the Gulf crisis but trade officials and analysts say the impact will be slightly offset by reexport to other major markets, including West Germany and South-east Asia,
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    • NOTE BOOK
      • Article
        HK consumer price index stable last months
        72 7 HONGKONG'S key inflation indicator, the CPI (S) index, remained stable last month but analysts predict it will hit doable figures next month if oil prices stay around US$4O a barrel Latest figures from the Census and Statistics Department put the indicator, which measures
        72 words
      • Article
        Petrochem product prices up
        34 7 TAIWAN'S state-owned Chinese Petroleum Corp raited prices of 1$ basic industrial petrochemical products and materials between 19 and 42.8 per cent, effective immediately, to reflect rising costs of imported crude.
        34 words
      • Article
        Impact of industrialisation
        30 7 THE FEDERATION of Thai Industries is embarking on programme to promote awareness of the impact of industrialisation on the environment, the chairman of HI, Anand Panyarachun said.
        30 words
      • Article
        S Korean jeeps for Fiji army
        30 7 THE FIJI Military Forces (FMF) have taken delivery at 20 South Korean-made jeeps and three other vehicles under a USS2 million loan from Taiwan.
        30 words
    • Article
      Cabinet endorses Lavalin as skytrain builder
      340 7 THE THAI Cabinet has finally endorsed the Interior Ministry's proposal for the Lavalin Intelligence Group to build the 42 billion baht skytrain project in Bangkok, ending a year-long rivalry between the Canadian group and competitor Asia-Euro Consortium, reported The Nation. The Cabinet acknowledgement also
      340 words
    • Article
      Lock icon South-east Asian pirates getting more professional
      248 7 AP A UNITED Nations organisation said on Wednesday that pirates operating in South-east Asia are becoming "more professional" in their raids on international cargo. Abhy Ankar, information officer of the London-based International Maritime Bureau, which investigates maritime crime, specifically pointed to a case last
      AP  -  248 words
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      74 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Move against China trade status
        86 8 PLANS were laid on Tuesday for a showdown in Congress on whether to allow China to export billions of dollars in toys and clothing to the US under low tariffs despite Beijing's alleged human rights abuses. The House of Representatives Ways and Means Committee, on
        86 words
      • Article
        Call to step up poverty fight
        87 8 INDIA on Wednesday urged the World Bank group to apply more of its resources and expertise to battling poverty. Easing of mass poverty recently became a major Bank objective. But results are delayed by numerous problems such as infrastructure bottlenecks and the continuing transfer
        87 words
      • Article
        American household income up
        107 8 A l AMERICANS' median household income rose 1.3 per cent in i 989, after adjusting for the rise in consumer prices, the Census Bureau reported on Wednesday. The increase followed two years in which median income had been unchanged. In a report based on a survey
        107 words
      • Article
        Anti-inflation policy to stay
        60 8 WEST GERMANY will not relax its strict anti-inflationary policy when revitalising the East German economy, Karl Otto Pohl, the Bundesbank president, warned on Wednesday. He told the annual meeting of the IMF and World Bank that the transfer of real and financial resources to East Germany
        60 words
    • Article
      Lock icon Thatcher urges bosses to refrain from big pay rises
      462 8 Reuter PRIME MINISTER Margaret Thatcher said on Wednesday the British economy was entering a difficult phase and appealed to captains of industry to refrain from awarding themselves big pay rises. At a meeting of Britain's main employers group, the Confederation of
      Reuter  -  462 words
    • Article, Illustration
      Lock icon Hungarian students in protest march
      46 8 Students claiming to hare been impoverished by Hungary's soaring inflation demonstrating ia Budapest on Wednesday. Organisers said at least 10,000 students took part ia die march aad threatened to begin a boycott of classes within two weeks. Renter picture Reuter picture
      Reuter picture  -  46 words
    • Article
      Lock icon Major hints of early ERM entry
      244 8 FT BRITISH Chancellor of the Exchequer, John Major, sought on Wednesday to disarm criticism of the government's economic policy with a speech clearing the way for early UK entry into the Exchange Rate Mechanism of the European Monetary System. In one of the clearest
      FT  -  244 words
    • Article
      Lock icon Gatt to investigate Finn-Aussie dispute
      169 8 Reuter FINLAND has asked the Gatt trade forum to resolve a dispute over anti-dumping duties levied on three electric power transformers a Finnish company shipped to Australia, delegate sources said in Geneva on Wednesday. The anti-dumping committee of the General Agreement on Tariffs and Trade
      Reuter  -  169 words
    • Article
      Lock icon US to sell 5m barrels of oil from reserve
      440 9 AP THE WHITE House, claiming there was "no justification" for the recent run-up in US oil and petrol prices, announced on Wednesday that President George Bush had decided to sell five million barrels of crude oil from the Strategic Petroleum Reserve.
      AP  -  440 words
    • Article
      Lock icon New technological possibilities loom
      503 9 The Gulf Crisis IHT THE sharp rise in oil prices as a result of the Gulf crisis will produce industrial winners as incentives to conserve energy grow and a variety of new technologies become more price competitive, analysts and economists said. They warned, however, that the
      IHT  -  503 words
    • Article
      Lock icon Decline in Soviet oil output accelerating: minister
      275 9 Reuter SOVIET crude oil output, the largest in the world, fell sharply in the first eight months of this year and the decline is accelerating, First Deputy Prime Minister Lev Voronin said on Wednesday. He told Soviet television that production in January to
      Reuter  -  275 words
    • Article
      Lock icon Japan not planning to dip into govt oil reserves yet
      370 9 Reuter JAPAN has no plans yet to sell government strategic oil reserves, despite news that the US will sell five million barrels of oil from its reserves, an official at the Ministry of International Trade and Industry (Miti) said. Miti
      Reuter  -  370 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      32 8 I ©ur Isuncfy Buffet I 1(/9ttl? fpTe &A Isa (Jarfe I .f I bamis mm I FOR RESERVATIONS PLEASE CALL 731-7934. ROYAL CROWNE PLAZA' SINGAPORE 25 SCCTTS ROAD. Singapore 0922. m 737-7966.
      32 words
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      Page 8 Advertisements Column 2
      114 8 I ■iHiB3dOHBBi PROMMENT MDONESIAN BUSINESSMEN The book you've been watting for is here!! Professionally produced by P T CISI Raya litems of Jakarta, "A Study on 300 Prominent Indonesian Businessmen, 19MT (or The Prominent", In short) Is a profile study of IndMduate and provides Information on "who Is doing what"
      114 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      112 9 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping a your doorstep. A choice location near exciting Orchard Road and the central business district. And most of all, that warm family atmosphere
      112 words
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      Page 9 Advertisements Column 2
      86 9 R)lo Hf Ralph Lauren 1 Ih D DICKSON MARKETING PTE LTD A Member DICKSON Group Companies 024 07 Orchard Towers. 0923 W: *****22 (12 Lines) SB Boutiques: #01 -02. The Promenade, Tel: *****06 #02-40. Wisma Atria, Tel: *****13 #02-05/06, Palais Renaissance Tel: *****02 Comers: Level 2, Tokyu Department Store. Tel:
      86 words
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  • Article
    Sharing sanction's burden
    520 10 EDITORIAL The Gulf crisis has focused the minds of the world wonderfully, so far. On hindsight, a lot has been accomplished in terms of global cooperation in containing the ambitions of Iraq. This is the culmination of a new train of thinking and a chain of events
    520 words
  • WHAT THE OTHERS SAY
    • Article
      New era in relations
      229 10 THE IMPORTANCE of Prime Minister Lee Kuan Yew's visit to the Soviet Unidn becomes clearer when it is examined against the state of bilateral relations since the first trip Mr Lee made to Moscow in 1970. Those relations scarcely moved forward over 20 years. The reasons
      229 words
    • Article
      An end to apartheid
      148 10 PRESIDENT FW de Klerk's visit to Washington and his warm reception by US President George Bush may be Pretoria's first big step out of interna- tional isolation. But it is still too early for the international community to lift sanctions against South Africa. The recent upsurge
      148 words
    • Article
      Soviet plan must work
      125 10 BOTH MR Gorbachev and the leaders of the various Soviet republics are keen to see the 500-day plan launched as soon as possible. But they seem to have different objectives. Mr Gorbachev clearly hopes an economic revival will make the various republics choose to remain within
      125 words
  • REGIONAL VIEWPOINTS
    • Article
      A new ingredient
      173 10 THE GOVERNMENT has to tap every possible source to fill the gaps left by emigration, and relieve the acute shortage of talent in the private sector. The decision to allow in an unlimited number of mainland professionals who have lived for two or more years abroad is
      173 words
    • Article
      Keeping the public safe
      199 10 THERE IS a Thai saying that the fence is erected only after the cow is stolen. The meaning of this saying is particularly relevant in light of the series of tragedies that have dominated newspaper headlines. Several collapses of scaffolding at buildings under construction and buildings
      199 words
    • Article
      Importance of information
      117 10 PRESIDENT SOEHARTO's reiteration of the crucial importance for accountants to improve their professional and ethical quality not only is quite timely but also has a strategic bearing on the efforts to enhance the market mechanism of the economy, especially now when the private sector is geared up
      117 words
  • Article, Illustration
    Lock icon The bursting of the bubble
    843 10  -  Japanese banks are facing falling profits. The result is a slowdown in their global investments. James Sterngold reports James Sterngold NYT AT Japan's powerful banks, which in recent years have served as financiers to the world, profits are tumbling and a global investment spree is
    NYT  -  843 words
  • Page 10 Advertisements
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      77 10 When Fine cuisine fabulous Champagne, delectable "offspring* is... LA AU CHAMPAGNE Louis Outhier Festival dejmnct-j V^TIHB Ist 7th October Chef Patrick Lannes Chef Louis Outhier gastronomic wonders created by Chef Outhier, culinary consultant to J I Le Restaurant de France, together with j Chef de Cuisine, Patrick Lannes during this
      77 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article, Illustration
      Quantum leap in training adults
      1444 11  -  The face of worker training is changing. Soh Tiang Keng, in the last of his two-part report, examines the use of training technology in the classroom of the future where mega simulation systems will be the order of the day Soh Tiang Keng Training technology
      1,444 words
    • Article, Illustration
      Lock icon Looking for ways to collect the uncollectable
      1212 11 The poll tax imbroglio is far from being resolved The Economist MANY Tories still hope that the unpopularity of the poll tax could prove in retrospect to have been little more than a short-lived rumpus in the streets and a blip in the
      The Economist; Punch  -  1,212 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      76 11 This announcement appears aa a matter of record only. <§> P.T. BUNAS FINANCE INDONESIA US $13,000,000 SYNDICATED REVOLVING CREDIT FACILITY Arranged by NATIONAL AUSTRALIA MERCHANT BANK (SINGAPORE) LIMITED Participants National Australia Merchant Bank (Singapore) Limited Bangkok Bank Limited CIC-Union Europeenne, International et Cie, Singapore Branch Osterreichische Landerbank The Royal Bank
      76 words
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  • FOCUS
    • Article, Illustration
      Lock icon Waiting with bated breath
      780 12  -  Most of Germany's neighbours are taking its reunification on trust. Others are a little more anxious, writes Patrick Worsnip Patrick Worsnip Reuter GERMANY's neighbours are taking next week's unification of the country on trust, giving the Germans a certificate of democracy that finally ends their punishment
      Reuter; Reuter picture  -  780 words
    • Article
      Lock icon Berlin struggles to regain role as capital
      564 12 Reuter FOR 45 YEARS of Cold War, Berlin was the capital neither Germany could ever quite have. The city's division after World War II prevented East or West from laying full claim to a metropolis the history, size and cosmopolitan feel of which
      Reuter  -  564 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      27 12 f I 11 ■^L^f x szf -~ty&>^c_ ?<^^z^z 4 <£ c*x>/ FOR LUNCH OR DINNER RESERVATIONS CALL 730 7700. ifW HWT SINGAPORE 733 1 188 ***** 732 16%
      27 words
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  • Page 13 Advertisements
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      971 13 ft&RS) bankof boston N THE FIRST NATIONAL BANK OF BOSTON (Incorporated in Itw U.S.A. with Limited Liability) Consolidated Balance Sheet (in USS thousands, except share amounts) December 31 1989 1988 LIABILITIES AND STOCKHOLDER'S* EQUITY 1989 1968 ASSETS Cash and due from banks 1,620,771 1,663,209 °?P° s,ts o Interest bearing deposits
      971 words
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      Page 13 Advertisements Column 2
      145 13 IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) ANO IN THE MATTER OF UN UN SNIPPING PTE LTD (Incorporated Hi tIM Republic of Singapore) (IN LIQUIDATION) (MEMBERS' VOLUNTARY WINOING UP) At an Extraordinary General Meeting of the members of LIN LIN SHIPPING PTE LTD duly convened and held at
      145 words
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      Page 13 Advertisements Column 3
      232 13 M THE MATTER OF THE COMPANES ACT. CHAPTER SO JQL INVESTMENTS PTE LTD MEMBERS VOLUNTARY LIQUIDATION Alan Extraordnary General Mooting of ttw Company convened and heM at 3301 Gloucester Tower. The Landmark. Hong Kong on 24th September 1900 the following special resolution waa duly passed That the Company be wound
      232 words
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      Page 13 Advertisements Column 4
      1017 13 Pl—/ I"BanqueFrancaise DivL du Commerce Ext£rieur AMD ITS SUBSIDIARIES HMd Otltc* 21 BouMvan) HauMmann ***** Pan Cmom 09 Branch: 90 Ra«M «ae» OMt 9M tmgmaw AM CONSOLIDATED BALANCE SHEET AS AT 31 ST DECEMBER IM9 On thousands of francs) CONSOLIDATED COMMITMENTS AND CONTMGENT Caeh and du» from Central Banfca 722*86
      1,017 words
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  • SPORTS 1
    • Article, Illustration
      Charmed by Chang
      1236 14  -  Profile of a Tennis Pro Michael Chang is in Singapore for the Volvo Supertennis Challenge and Cassandra How finds herself swept off her feet by this affable young pro Cassandra How Tennis great Rod Laver once said that Michael Chang's main asset was his ability to stay
      1,236 words
    • Article, Illustration
      Lock icon McEnroe moves to second round of Swiss Indoors
      574 15 Agencies THIRD-SEEDED John McEnroe overcame towering Milan Srejber 6-4, 6-3 to advance to the second round of the US$5OO,OOO Swiss Indoors men's tennis tournament. McEnroe, rated 11th in the world, easily dominated the Czechoslovak, who ranks 70th. Second-seeded Goran Ivanisevic had more
      Agencies  -  574 words
    • SIDE LINES
      • Article
        Fresh crackdown on Wimbledon ticket touts
        100 15 WIMBLEDON took another crack at the lucrative black market operating around the tennis tournament. Officials have banned the resale of tickets and vowed to refuse admission to people with improperly obtained passes. Officials of the All England Club, which runs the tournament, also said
        100 words
      • Article
        The longest drive
        64 15 KELLY MURRAY unofficially earned himself a place in the Guinness Book of World Records on Tuesday, hitting a golf ball 626.2 m to break the record held by Liam Higgins of Ireland. At the airport runway in Fairmont Hot Springs, about 550 km east of Vancouver, Murray
        64 words
      • Article
        One of the best converts
        84 15 FRANO BOTICA, the former All Black stand-off who turned professional with Wigan just over a month ago, is proving to be one of the best rugby union converts the British game has ever seen. The Lancashire club were optimistic the 27-year-old New Zealander would take
        84 words
      • Article
        Magic Johnson gives up salary
        108 15 LOS ANGELES LAKERS' star Earvin "Magic" Johnson voluntarily surrendered part of his salary so the National Basketball Association team could acquire Terry Teagle from the Golden State Warriors. "Knowing we needed another first-rate player, Magic came to me several weeks ago and offered to give
        108 words
      • Article
        Clash of the titans
        85 15 BRITAIN'S Nick Faldo and Australian Greg Norman will renew their rivalry for the world's top golf ranking in this year's Australian Open championship, officials said on Wednesday. Australian Golf Union executive director Colin Phillips said Faldo, the current US Masters and British Open champion, will play
        85 words
      • Article
        Run for life
        82 15 THE NEW YORK MARATHON on Nov 4 is set to be a charity race for the fight against cancer as well as a top athletics event. The 25,000 expected runners are being asked to get friends and companies to sponsor them US$ 1 for every I.6km, with
        82 words
    • Article, Illustration
      Lock icon Double handicap for Ballesteros
      347 15 AFP SEVERIANO Ballesteros was to open the defence of his Grand Prix of Europe title at St Pierre in Wales on Thursday with his fourth caddie in a month and an injury handicap. The Spaniard has had a recurrence of his right wrist problem and had
      AFP  -  347 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      51 14 Bonds Grand Slam The Genuine Penguin Sportswear-Shirts. Shorts Socks [7~ \s \x "X/* Fs~^\* In a wide range ofcolours. in a variety of styles, all of exceptional quality )f A Yv \N Available at leading department stores and authorised outlets /[xV >. Sole Agent: MALAYAN TRADERS Tel: *****24 Fax: *****74
      51 words
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      Page 14 Advertisements Column 2
      30 14 AHMENG JEALOUS Yes, adorable, huggable Ah Meng can get jealous, too. But why And who's she jealous of j The latest news and much more. From lunch-time. Monday to Saturday.
      30 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      114 15 Qantas offers more flights to Australia than all other airlines puttogeth^k v m \m m m m m m \mm mm mm m m m mm. m mm m m m m -m :imsmk k k B UA m /:'i9^&j^v: k -V v Jll^^^B^n M :>, If you were to
      114 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      184 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, DINE.. Some of our best adrcrtising is by wordof-mouth. I For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, 330 8310 or 338 8585 ext
      184 words
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      Page 16 Advertisements Column 2
      428 16 HwTREGegcY Singapore PROUDLY 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 $30.00 NETT PER PERSON (LIMITED SEATS ONLY) Pro-dinner cocktails 730 pmo
      428 words
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      Page 16 Advertisements Column 3
      262 16 September. A full month of action-packed and fun-filled anniversary celebration. No kidding! We're giving away packs of Subway playing cards*. Gome on 28 September for a piece of action and our anniversary cake at one go. Play your cards right. See you in Subway! *With first drink charge ($l5 nett)
      262 words
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      Page 16 Advertisements Column 4
      360 16 ij PERFORMED DAILY AT P"'* Vd THE PINE COURT K|to> j Amidst impr rial splendour, our chdt I I stage tfidr htj|hly*tccttfi)6d p€vfonninc€ 7 1 /jStT 1 Bering cuisine to the sads- I IJfIM taction of demanding dtnersTo guarantee H > V I your place amongst the discerning, make I
      360 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      556 16 TELEVISION AND RADIO g\ f her sister, which, to everyone SJO Oaidag (Cartoon). 01 Of commies and coups -™sr^ 2.00 XI /Mm Oaaws Athletics 9eo at iMaa. 7.M Maghrib Prajar Cat 5-30p», 3JSOK Financial News n 0-35 Nardhal The Fighting 7!l* C4bte Notts MatMrt (cont'd). RADIOS, 92.4 mNz li VNF
      556 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Reinventing Coco Chanel once again
      805 17  -  A new book recreates the colourful decades that Chanel, the ambitious French designer, inhabited and influenced. Denise Mourges reports. Denise Mourges NYT Although she has edited well over a thousand books, many of them bestsellers, Patricia Sotimon said she did not realise how hard it
      NYT  -  805 words
    • Article, Illustration
      Lock icon A director's journey back home
      1010 17  -  To make the movie An Angel at My Table, which was acclaimed at the Venice film festival recently, Jane Campion had to return to New Zealand, which brought back many memories. Kate Singleton reports. Kate Singleton IHT WIDELY acclaimed by the Venice public and critics,
      IHT  -  1,010 words
    • Article
      Actors settle suit over nude photos
      491 17 MICKEY ROURKE and Carrie Otis, co-stars of the steamy movie Wild Orchid, have reached a settlement with the movie's producers over the selling of nude photos to two magazines, Rourke's lawyer said. The lawyer declined to reveal details of the agreement The actors filed
      491 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      283 17 ...tAND ENTERTAIN r Yamagata Beef. The Exquisite Taste Of Japan. IKhHRa LUNCH U NOON id us m. 1 OMOLiJarMIO ftifM m^' 1 MCMLTVIMmiI *t lunch moo Now you can enjoy one of the world's finest beef at the Yamagata Beef Promotion 1 in Unkai Japanese Restaurant. Only from I September
      283 words
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      Page 17 Advertisements Column 2
      114 17 Chinese cuisine, flavoured vG| nW best of Thai. Over 120 mouthvdtering specialities HSfIMfHKf and an array of irresistible Thai desserts. B«W HerSeaTHuvce #01-16 Forum Qatorte #61-66 United Squfc* Singapore 0823 Singapore 1130 T«i: *****88 T* *****30 I Roasted Peking Duck I Offer till 30.9.90 I I rwr_l Assorted Cold Cuts
      114 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market gains ground on bargain-hunting
      4262 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market, supported by bargain hunters and easier oil prices, recovered slightly yesterday after suffering straight losses for two weeks. The rise of 2.81 points in the Straits Times Industrials Index and the increase in combined
      4,262 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4145 19 Main Board Cjjf 346 +16 +4.8* OCBC Foreign 685 +15 +2.2* SBS 168 +13 +8.4* S1A 1030 +10 +1.0* Metro Hldgs 392 +10 +2.6* n»uH Hup 100 +8 +8.7* King. 215 +7 +3.4* Wcaraet 398 +6 +1.5* Submarine 50* 295 6 +2.1* KttH C Wits
    4,145 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      144 20 CtapMy Date Ymt Group N«t N«t Mrntags Grass mi to prcftt/tou (L) par slur* dhrMtud COOO) (cMts) The H Glass Sep 26 Mar 90 $7,379($5.796) 15.4(12.2) 5(5) Sum Sport Sap 25 Jon 90 $28,405(124.4*4 6.5(5.5*) 18 8(12 3a) RasM Hussatn Sep 24 May 90 M$18.329($6.681) 21.8(11.1) 5(4) betan
      144 words
    • Article
      PRELIMINARY RESULTS
      173 20 CData Yaar Smy pra-tax Nat aaraiafs Grass aaa ta praflt/lass (L) par slura iiMad COOO) (carta) Lun Chang Sep 26 Jun 90 $12,932(J12,371) 4.0(5 6a) 3(5 5a) Pwtn Sap 26 Jun 90 $5,561 ($1.301e) 7.6(6.8) 6TE( Amtck Eng Sep 25 Jun 90 H,884($8,488 8.3(7.9) 12TE(6TEa) M Glass Sep
      173 words
    • Article
      INTERIM RESULTS
      261 20 tmmm D«t« HaH-yMr Gravp pr»-tax totortoi ami to (L) toMni (•000) Lm Kah team Sep 26 Jun 90 $4,548(12,606) HOM Fok Sep 25 Jun 90 $13,967(17.139) jardme Mattes* Sep 25 Jun 90 US$279,600 ($220,000) 122(105) Lit Km Tah Sep 25 Jun 90 $392($364) UE Sep 25 Jun 90
      261 words
    • Article
      DIVIDENDS ANNOUNCED
      1051 20 Carat* Ex Mu Date Trial M fetal tor paynart date ctoM wHto ttaywr last y*ar «n 15% Sep 14 Sep a Oct 27 2.51 2% MM 10% Sco 21 Oct 5 Nov I 10% 7.5%(a) Mm 7.5%TE(I) Oct 12 Oct 25 Mo* 15 7.5%TE 25%Tt BAT 45 5%
      1,051 words
    • Article
      RESULTS DUE
      522 20 Tt i Stocks Last Fri Ysar Cm*m, MM Oto Taar M ffS ftw M M yw (TM) Laa« tat Mm Mr 30 Ok 89 S35L(H) Uvea Mi Mm Mil tor 91 4 0 2.1 3.471(1) MM cn Maratt A* 31 Ok 90 0 5 668 ■nil FaM S*
      522 words
    • Article
      BONDS, LOANS & WARRANTS
      636 20 BONDS, LOANS WARRANTS Caapaay ruiwrtw pwtod CwiadMl—Mr mm nl«i*— OC M Mw 28/4/93 1 warm* pte >3.09 ca» C—i f I— teni 2/10/89 to 20/10/94 1 vara* pte J1 cab or 1 wana* pte <1 nommal amount oI km startg—f z a— Hp m kto* 87 to 31/12/91 155 warrants
      636 words
    • Article
      CORPORATE DEVELOPMENTS
      220 20 Sto 25 bm-Padlic HaMnp Ltd is to acquire Hagley and Hoyle Pentagram Design Pte Ltd for Ssll.7m to be satisfied by the issue of 8.67 m Inno-Pacific shares priced at SJI.3S each Stralh Steamship Land is selling its substantial engineering interests in two companies Watt Akkermans and Prince
      220 words
    • Article
      APPROVED ISSUES
      373 20 Company Rights Issue MmM Okygen One-tor-one MS080 per Ave Rights sue of $1.00 nomanl amount of 5% Redeemable Unsecured Loea Stock 1990/1995 wth on* Transferable Sutecnpbon ngtts lor every two tutm shares Wd Ei-date Aa| 23 Boob dost Sep 6 acceptance t Payment Oct 19 Uvea Ni Five-tor
      373 words
    • Article
      PROPOSED ISSUES
      473 20 Company Rights Ism Mean One-tor two fc MSI 00 per share tout of 40m Cumulative Redeem** Preference Shires of MS0.10 eadi at MSI per share with 10m detachable TSW Man One-tor tour MS2 00 per share Camway kw Capital reduction scheme to reduce par value of shares from
      473 words
    • Article
      COMPANY MEETINGS
      151 20 Aetna Ltd: EGM at 9 Gul Circle. Jurong Town, Singapore 2262 on Friday, Sep 28, at 3pm. khan Hokhgs Bhd: 65th AGM at Meiati 2, Level 3, The Merlin Subang, iatan SSI2/1, Subang Jaya, ***** Selangor Darul Ehsan on Friday, Sep 28, at 11am. Choofeta Products (M) Bhd:
      151 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      83 20 FOR BUS AND BYTi*^ 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 hit 1990 lows in subdued trading
      3730 21 Bernama MBT STOCKS in Kuala Lumpur yesterday closed at new 1990 lows in quiet trading with investors largely on the sidelines. The KLSE Composite Index went below the 470-point level for the first time this year to end at 469.84, down 4.04 points,
      Bernama; MBT  -  3,730 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      285 21 NOTICES HUA KEONG COMPANY (PRIVATE) LIMITED (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE Of FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap. 50 the Final Meeting of Members of the Company will be held on Tuesday 30th October. 1990
      285 words
    • Advertisement
      Page 21 Advertisements Column 2
      111 21 JWe take pleasure in announcing the opening of our office in Singapore Gateway East #11-06 152 Beach Road Singapore 0718 General Phone: 290-1888 MORGAN STANLEY MDMM OVERSEAS BANK, HOMO KOMQ BRANCH U f fggjOOOjOOO NEGOTIABLE PLOATBM RATI UWTEO STATES DOLLAR CERTIFICATES Of DEPOSIT DUI SIST MARCH ISS4 Holders of Certificates
      111 words
    • Advertisement
      Page 21 Advertisements Column 3
      206 21 LOST SHARE CERTIFICATES The tokmtng Share C»rtlllcatea/*lofleSwr wNh N relevant signed transfer deeds haw been reported loal or deetroywtAPOLLO ENTERPRISES LIMITED Certificate No. In the nam* o« No. of Sher— *****42/43 Kek Ah Kau 2xlooo *****60/61 Tan Thian Sek 2 x 1000 *****31 Yeo Stew Heok 1 x 1000 METAL
      206 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index buying helps Nikkei to stem losses
      2241 22 Reuter TOKYO stocks yesterday closed at their lowest level since January 6, 1988, but off the day's lows, after a day of high volatility in negative territory. Brokers said stocks may firm up today but further declines are in store over the longer
      Reuter  -  2,241 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks continue to slip in lethargic trade
      2259 22 SHARE prices closed easier in dull Hongkong trade, pulled down by a disappointing performance in Tokyo stocks which closed at their lowest level in 32 months. The blue-chip Hang Seng Index shed 10.79 points to end the day at 2,767.95. There was also
      2,259 words
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  • REGIONAL STOCK MARKETS
    • Bank stocks help prop up Aussie market
      • Article
        AUSTRALIA
        1003 23 THE AUSTRALIAN share market ended slightly firmer despite a plunge in the Tokyo market which pushed the Nikkei to its lowest level since early 1988. Brokers attributed the local gain to the Nikkei's mid-afternoon upswing and short-covering in bank stocks. "I think we are just lagging and that our
        1,003 words
      • Article
        INDICES & TURNOVER
        87 23 INDICES TURNOVER Cloat st»r Prerioas SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1.394.2 2.043.3 884.1 75.92 1,386.0 2,029.9 880.88 76.43 +8.2 13.6 +4.1 -0.51 BANGKOK SET Index Turnover (neatest *000) 630.17 NA 625.06 25.75 +5.11 JAKARTA Composite Index Turnover (nearest "000) 454.51 NA 464.25 1.67
        87 words
      • Article
        BANGKOK
        651 23 THAI stocks closed mixed yesterday with early moderate gains triggered by buy orders from a fund set up by local brokers offset by liquidation from nervous investors anxious to cut losses, brokers said. They said the SET Index rose 5.11 points to close at 630.17 on thin trade. "The
        651 words
      • Article
        NEW ZEALAND
        318 23 NEW ZEALAND shares closed at another five-year low despite a record NZ5401.71 million profit by Brierley Investments Ltd (BIL). "It's good to see a company endure one or two tough years and come up with an increase in profit. It proved that sustained earnings are possible," Peter Halligan
        318 words
      • Article
        TAIPEI
        385 23 TAIWAN stocks ended higher across the board yesterday as investors took advantage of what they felt were bargain prices before a three-day long weekend, dealers said. In its first gain this week, the weighted index rose 108.22 points (4.17 per cent) to end at 2,705.01 against 2,596.79 on Wednesday.
        385 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        297 23 fay year fay year fay year Sea 26 lafax ckMf e chaage <*■■■« <*■■■* <*■■* <*■■■* World 338.0 -12 -27.3 -1.7 -29.5 -1.7 -24.2 $EAFE 446.3 -1.9 -34.5 -13 -34.7 -13 -29.7 Europe 355.5 0.5 •21.1 -0.5 -18.2 -0.5 -110 Pacific 727.8 -3.7 -425 -3.7
        297 words
      • Article
        SEOUL
        803 23 SEOUL stocks were little changed yes- terday as investors stayed sidelined on fears of tight money supply and news that another listed company had gone under, brokers said. The composite stock index shed 0.59 points to 593.45, with volume at 91.6 billion won against 97.2 billion on Wednesday. Falls
        803 words
      • Article
        MANILA
        467 23 PHILIPPINE stocks hit 41-month lows on selling triggered by bomb attacks on multinational firms in Manila and fear* fuelled by the Soviet warning about 9 possible break-out of war in the Middle East, brokers said. Manila's composite index lost 7.73 points to end at 544.02, the lowest since it
        467 words
      • Article
        JAKARTA
        543 23 PRICES on the Jakarta stock exchange continued to fail yesterday, sending the composite index 9.74 points down to 454.51. Nickel producer Inco was the most traded on the regular market at 257,000 shares, closing 300 rupiah lower at 5,200. Cigarette maker Gudang Garam ended unchanged at 7,000 rupiah on
        543 words
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  • WORLD STOCK MARKETS
    • Dow down on renewed Gulf war fears
      • Article, Illustration
        NEW YORK
        1105 24 WAVES of rumours swept through US equity markets, reigniting fears of an imminent Mideast war and battering US stocks before blue chips staged a partial recovery by the close on Wednesday. "When the market is as rumour prone as this, it's generally an indication of the high degree
        1,105 words
      • Article, Illustration
        LONDON
        838 24 UK SHARES were higher in early trading yesterday on end-of quarter buying and comforting corporate profits news. "Institutional investors are massaging the market by buying little bits of the cash market and futures and lifting the price to make their portfolios look a little bit more valuable but there's
        838 words
      • Article
        INDICES & TURNOVER
        88 24 INDICES TURNOVER MEW YORK Clsas Prcvioas Sep 26 Dow Jones NYSE Financial SAP 500 Turnover (miflion) 2,459.65 110.30 305.06 153.57 2,485.64 112.57 308.26 155.94 -25.99 -2.27 -3.20 -0J7 LONDON Financial Time* 90 FTSE 100 Turnover (million) *****0 2000.00 4ia3 1526.60 1999.20 412.4 +6.00 +0.80 •2.1 AMSTERDAM CBS General 170.50 170.70
        88 words
      • Article
        AMSTERDAM
        345 24 DUTCH shares were deadlocked in mixed and thin midsession trading yesterday with market operators closely monitoring foreign exchanges for some direction, dealers said. 'The market is already waiting for the opening of Wall Street," one of them said. A slightly higher London market helped the CBS general tendency index
        345 words
      • Article
        FRANKFURT
        290 24 WEST GERMAN shares started broadly lower in thin trading yesterday, but quickly reversed early losses to trade around Wednesday's closing levels. Dealers said there were no new factors affecting trade. Technical factors largely governed price movements. Some said they were hopeful for a further rise in prices yesterday after
        290 words
      • Article
        JOHANNESBURG
        375 24 GOLD shares opened firm in quiet and cautious trading in Johannesburg yesterday, propped up by the recent robust performance in world bullion prices. Related mining financials were also firm the rest of the market generally "Tfct had edged up slightly to 1607 from Wednesday's 1583 close, the industrial index
        375 words
      • Article
        Lock icon ZURICH
        366 24 Reuter SWISS shares yesterday opened about one per cent lower as losses at Wall Street and at the Tokyo bourse weighed on the market, dealers said. The SMI index of leading shares fell 14.9 points or 1.11 per cent to 1,358.2 after about five minutes of trading. Eariy trading
        Reuter  -  366 words
      • Article
        STOCKHOLM
        160 24 THE Stockholm bourse general index fell another 2.8 per cent to 939.27 in nervous early trade yesterday, with investors ignoring small advances on other European markets and focusing on domestic worries, {ieajers said. The shares of six finance companies have been suspended on the bourse, sparking speculation that the
        160 words
      • Article
        TORONTO
        213 24 TORONTO stocks levelled off in after- noon trade on Wednesday after a series of rumours, which were later denied, weakened shares, dealers said. Traders said they heard Soviet troops planned a military coup, Iraqi soldiers stormed the US embassy in Kuwait and an Iraqi plane was shot down. The
        213 words
      • Article
        Untitled
        249 24 Brussels Sep 26 Fhum FORWARD MARKET Acec 2930 90 Arbed 3135 +40 Astur 1198 +90 Brascan 448 +2 Canpac 508 +6 Cock 153 +5 De Beers 592 +2 Eber 3840 +15 Gb-Inno-Bm 1224 +8 Gevaert 7100 -50 Gr Bru Lamb 3250 -20 Habak Petro ***** -100 Ryl Dutch 2535 -30
        249 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ rises sharply against yen but ends below day's highest level
      1239 25 FOREX MARKET REPORTS THE US dollar yesterday ended sharply higher against the yen, but well below its highest level of the day on a lack of interbank follow-through buying, dealers said. "Trading reflected commercial movements. Interbank traders were sidelined
      1,239 words
    • Article
      INTERBANK FOREX RATES
      384 25 CrmritH Sep 27 USS SS MS Dm Yen SFr AJ NZJ USS ***** 2.7010 1.5670 137.90 0.5353 1.3040 1.2070 1.6194 SI 0.5666 1.5303 0.8878 0.7813 0.3033 0.7388 ***** 0.9175 MS 0.3702 65.35 0.5802 0.5106 ***** 0.4828 ***** 0.5996 Dm 0.6382 1.1264 1.7237 88.00 0.3416 0.8322 0.7703 1.0335
      384 words
    • Article
      MONEY MARKET
      559 25 Interbank rites SI BM Offer Overnight 7 3/4 8 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 5/8 6 3/4 Overnight mode 6-3/4 USI BM Offer 7 days 8 1/8 8 1/4 1 month 8 3/16 8 5/16 2 months 8 1/4 8 3/8
      559 words
    • Article
      FINANCIAL FUTURES
      1629 25 j i ii Open H»gh Low Set Eat Vol Op/lnt Vol Dec 90 91.71 91.13 91.78 91.83 ***** ***** ***** i> Ma r 91 91. SO 91.17 91.80 91.87 5024 8006 3776 M Jun 91 91.67 91.74 91.67 91.74 628 2205 975 Ju Sep 91 91.47 91.33 91.46
      1,629 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Gulf crisis, high oil prices hit buying interest in metals
      389 26 Reuter THE BUYING that supported base metal prices during late summer has cooled as fears grow of the effect that a prolonged Mideast Gulf crisis and the resultant high oil prices could have on the world economy, analysts said. During
      Reuter  -  389 words
    • Article
      Lock icon Rise in E European demand for natural rubber expected
      316 26 MBT EASTERN Europe which is moving towards a more mar-ket-oriented economy can easily become the fastest growing market for elastomers in the coming decade. Its natural rubber demand is projected to increase by more than four times. International Rubber Study Group
      MBT  -  316 words
    • Article
      Better LME closing sends KL tin up 4 sen
      842 26 REPORTS THE price of tin advanced another four sen on the Kuala Lumpur Tin Market yesterday to M 515.71 per kg in line with the excellent performance on the London Metal Exchange overnight. The day's turnover rose to 75 tonnes from
      842 words
  • Article
    PRICES
    1298 26 lubber sep2? S centi/Vg Noon Qoee int 1 RSS Prompt 156.2V157.25N 155.2V 156.25N lot I RSS Oct 90 156.7VI57.25 I55.7V156.25N Int I RSS Nov 157.50/158.00 156.50/157.OON lot 2 RSS OP 151.SO/I53.SON 150.50/152.SON lot 3 RSS OP 147 «yI49.00N I46.00/I48.00N Int 4 RSS OP 143.00/145 00N l42.0tyi44.00N Int 5 RSS
    1,298 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      793 26 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290<2)<b) NOTICE OF RESOLUTION SUZUE LOGISTICS (S) PTE LTD (In Members' Voluntary Liquidation) At an Extaordinary General Meeting ol Suzue Loptoic* (S| p» Lid held at 43, Keppel Road, PSA Building, Singapore 0409 on the 25th day of September 1090, the following special
      793 words
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      Page 26 Advertisements Column 2
      861 26 MTU MATTES Of THE COMPANIES ACT, CAP. M AND IN THE MATTER OP LUCKY VBION PTE LTD (liMfpiAlid tai MM Royshttc At an Extraordinary General Meeting of Members of LUCKY VISION PTE LTD duly convened and held at No. 1 Colombo Court #05-29, Singapore 0617 on 22 September 1990, the
      861 words
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      Page 26 Advertisements Column 3
      16 26 Read Chartpoint, a guide to i investing in the stoek market. Every Saturday in Business Times.
      16 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1021 27 «y nm n* nu* ETD AtaOtaM GA976 SRI 87 GA890 GA970 0010 1955 2240 2255 MaWia SQ225 2215 taM RJ182 1445 RJ183 2320 SQ23 1810 KL836 SQ24 QF16 1820 GA890 K2jl ttta. Hi 0625 1830 2206 SQ24 2200 TE25 SQ338 BA12 1800 1925 2200 BAH TE28
      1,021 words
    • Article, Illustration
      An institution under threat
      692 27  -  LETTER FROM ENGLAND ay Hilary Rubinstein THE BRITISH hotel industry is suffering its worst year since the World War 11. The inter-related woes of high interest rates, inflation, unemployment and recession have hit almost every other major British industry, too, but there are special factors that
      692 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3 Dm vestardiv; Local dollars to oae nit of foreign currency Currencies Bid Offer Australian dollar I.4S8 1.478 Canadian dollar I.SI 10 1.3310 NZ dollar 1.07$ 1.11 IS Sterling pound 3.29 3.32 US dollar 1.7620 1.7720 Local dollan to 100 aaita of foreign currency Austrian
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      263 27 Duration Tide Venue Organiser Td Duration Title Venue Otpmncr Td Sep 24-30 International Buig.n. Foire 1/*****146 Service* Asia *90 C°nvention A Industrial Trade Technical Fair Internationale Exhibition Fain Pie Ltd De Plovdiv Centre Sep 25-30 International Spain Feria Muest- 6/*****00 Nov 7-11 Italy Torino -<39)1 ***** Furniture
      263 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      58 27 i K j rrf, I ~*f~ I |hi ptTMMI > ihoiit l-ViT\ lui MI.IV. J a I i I IhurMl.n. ViturJ.it .inJ Viml.n leaving 1 W I x.I I W I 1 \irp*»rt hour* jm! jrrninc it -A. McJthoiM urli the tollimint; morning (A) A I', i; i I II
      58 words
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      Page 27 Advertisements Column 2
      164 27 For Sale. A Top Hotel In One Of New Zealand's Top Tourist Spots. Lakeland Hotel Queenstown I"* y u l the key to Lakeland Hotel Q contact Michael Alien on r 459 Collins Street, Melbourne. QUEENSTOWN SINGAPORE; Mr Ong Beng Kheong Queenstown is New Zealand's w v most popular resort
      164 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      244 27 1 The pusillanimous queue ■Mf~ BH H where waiting is restricted _JML__ 6 Put down money to be of assistance HB 10 Some arrive too late to JMl— 12 Training establishment managed splendidly by poor actors (7) being made (7) 27~ 24 An unpractical person 28 A fellow acting as
      244 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      45 27 Singapore Outlook: Showers uw sereral areas ia the late morning sad early afteraooa. Report Max temp..... assoc humidity min temp assoc humidity hre of sunshine rainfall in mm rainfall this mth rainy days this mth World report 30.6 68% 22.8*c 99% 1.85 37.0 20.5 15
      45 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      20 27 EiSSfICTSBffWIIgEWEI (unefce-'s VOOKA fScNry mors PI&E» Vg«l wyip"?7 VN ho see. V V V K STANDARD CO LTD., ttO-ltW «X>A&kX«-
      20 words
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  • Article, Illustration
    World economy will slow down, says economist
    503 28  -  •y Kenneth James OIL PRICES will come down and could fall to US$2O per barret or lower by next year in the event of a resolution of the Gulf crisis, but the world economy will slow down anyway, local clients of a major
    503 words
  • Article
    Lock icon Foreigners do not own Batam land: minister
    208 28 Bernama ALLEGATIONS that foreign investors were buying property and land on Batam Island in contravention of Indonesian laws have been dismissed by Prof B J Habibie, the minister in charge of developing the island. He gave the assurance that authorities would not hesitate
    Bernama  -  208 words
  • Article
    Lock icon US electronics firms' concerns
    203 28 AFP US ELECTRONICS companies in Malaysia yesterday voiced concern over the recent influx of investment which they say has caused an acute labour shortage in the country. "There may be a need to control the investment climate to create an environment appropriate for existing companies to
    AFP  -  203 words
  • Article, Illustration
    Lock icon China opens Jakarta embassy
    173 28 AFP CHINA opened an embassy in Jakarta yesterday after a 23-year absence, hoisting its red flag at a five-star hotel. The embassy will be sited at the Borobudur Intercontinental hotel while a new building is being prepared, said Liu Xinsheng, counsellor and charge d'aftairs designate. The
    AFP  -  173 words
  • Article
    PM Lee flies home
    252 28  -  From Chuang Peck Ming in LENINGRAD PRIME MINISTER Lee Kuan Yew and his delegation flew home yesterday after a week-long stay in the Soviet Union as guests of Soviet Prime Minister Nikolai Ryzhkov. They are due to arrive in Singapore today. In Moscow, Mr Lee held
    252 words
  • Article
    Lock icon Thai panel to fight hoarding, price hikes
    293 28 AFP THAI PRIME Minister Chatichai Choonhavan has set up a powerful watchdog committee headed by two trusted ministers to crack down on illegal hoarding and price hikes of commodities following this week's increase in domestic fuel prices, a government official said yesterday. Deputy
    AFP  -  293 words
  • Article
    Lock icon First N Korea-Japan govt talks begin
    102 28 AFP JAPANESE and North Korean government officials met yesterday in Pyongyang for their first-ever talks to discuss details of establishing relations between the two countries, the Japanese press reported. They will discuss the creation of liaison offices, direct flights and satellite communications links. Officials
    AFP  -  102 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      153 28 JIL Baume Mercier GENEVE 1830 ■■pprt sliulal <3 in 1 inraiiil Miinmiiwimniiiimnriif HENDERSON INDUSTRIAL PARK NEW PHASE Terrace Factory with innovative facilities Three-in-one concept warehouse, Individual covered loading and showroom and factory under one roof unloading bay for all-weather Each four-storey terrace factory unit operations with an area of about
      153 words
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      Page 28 Advertisements Column 2
      123 28 _0L Baume Mercier GENEVE 1830 We're just giving you a friendly deUcacies here at Spice Garden will tipoff about your dining experience convince you that we wholeat Spice Garden. heartedly bring you the best from You'll be thrilled by the culinary Hong Kong. And our new art employed in our
      123 words
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  • Shipping Times
    • Article, Illustration
      HK's Crown Pacific to build document storage centre here
      416 29  -  By Dexter Lee SPURRED by the strong demand for document storage, v Hongkong-based Crown Pacific is planning a Singapore facility for this purpose within the next two years. The new four-storeyed building, estimated to cost $5 million, will be computerised to
      416 words
    • Article
      UASC to launch Singapore-Colombo service
      225 29 UASC to launch SingaporeColombo service THE UNITED Arab Shipping Company (UASC) will start a new service between Singapore and Colombo from Tuesday. This will link UASCs five ships operating between the US east coast and the Middle East with vessels deployed in its Middle East-Far East service, using Fujairah or
      225 words
    • Article
      Anera plans to increase rates next May
      320 29  -  By Dexter Lee THE Asia-North America Eastbound Rate Agreement (Anera), which includes Singapore's Neptune Orient Lines, plans to impose a general rate increase on May 1 next year. The precise quantums for both tariff and service contract rates will be set later because
      320 words
    • Article
      Lock icon China to launch satellite next month
      216 29 AFP CHINA plans to launch a new satellite its fifth this year in mid-October, the China Daily reported on Wednesday, quoting a source at the Ministry of Aerospace Industry. The newspaper gave no details of the function of the satellite, which it said will
      AFP  -  216 words
    • Article
      Thailand to embark on 1.5b-baht port upgrading
      181 29 THE Port Authority of Thailand is spending 1.5 billion baht to improve port facilities and build a container yard. Part of the plan for a piece of 138-rai land near the Bangkok Port includes joint work with the National Housing Authority (NHA) to
      181 words
    • Article
      Aussie strike sparks flight delays, diversions
      387 29  -  Fran Florence Chong, AJ leow A NATIONAL strike by aircraft refuellers has delayed international flights in and out of Australia, and forced airlines to divert to northern Australia and Papua New Guinea to refill their tanks. Both Singapore Airlines and Qantas are diverting their
      387 words
    • Article
      KL box-haulage firm starts air-freight forwarding service
      254 29  -  By Othman Abu Bakar SHAPADU Kontena, one of the three container haulage companies in Malaysia, is launching an air-freight forwarding service next month. The new service consolidates its freight-forwarding activities, which include seafreight services as well. It was supposed to take off in
      254 words
    • NEWS SUMMARY
      • Article
        Dragonair spreads its wings in China
        26 29 HONGKONG'S regional carrier Dragonair wants to start direct services to China's secondary airports, starting with door-to-door cargo deliveries Page 2
        26 words
      • Article
        Turkey to privatise state-owned airline
        37 29 TURKEY has drawn up plans to sdl off the state-owned airline THY, but has not decided on how to privatise it because of current uncertainties on the Istanbul Stock Exchange Back Pag*
        37 words
      • Article
        HDW expects net profit to drop
        38 29 WEST GERMAN shipbuilder Howaldtswerke-Deutsche Werft AG (HDW) said it expects its net profit to slip to about 14 million marks in the year to Sep 30, 1990, from 15 million Back Page
        38 words
      • Article
        AP Moeller sees lower 1990 results
        54 29 DANISH shipping and oil and gas group AP Moeller said it expects its 1990 results to be worse than those of 1989, when its two listed shipping units reported pre-tax profits of 2.12 billion crowns, net profits of 1.62 billion and net turnover of
        54 words
      • Article
        China boosting yard efficiency
        33 29 CHINA'S shipbuilders have completed 75 vessels with a total tonnage of 334,000 dwt in the first eight months of this year following a drive to increase efficiency. Back Page
        33 words
    • LOG BOOK
      • Article
        Norway's Kvaerner to set up Seoul unit
        73 30 NORWEGIAN engineering and offshore firm Kvaemer A/S is setting up a small unit in South Korea for sales and service of shipping equipment. It is also assessing chances of production in the country. A statement said Kvaerner Korea, in Pusan, will initially have
        73 words
      • Article
        Cracks on Pratt engine shafts
        48 30 UNITED Technologies Corp's Pratt Whitney unit said cracks were located on 12 engine shafts used on its PW--4000 jet engine. "As soon as we traced the first one we traced the rest and we have completed those actions," P&W spokesman David Long said.
        48 words
      • Article
        Rise in Japan airfares possible
        79 30 JAPAN Air Lines Co Ltd (JAL) president Matsuo Toshimitsu said yesterday that international airfares for flights originating from Japan may have to be raised if rising fuel costs cannot be covered by other means. The International Air Transport Association (lata) agreed in August to raise
        79 words
      • Article
        Digital Microwave unit wins order
        39 30 DIGITAL Microwave Corp said its European subsidiary, DMC Telecom UK, has received an US$ll.2 million order for digital microwave radios from Mercury Communications Ltd. Mercury Communications is a subsidiary of Cable and Wireless pic.
        39 words
      • Article
        FAA conducts Imatron detector test
        69 30 IMATRON Inc said its prototype CTX 5000 explosives detection system has successfully completed its first US Federal Aviation Administration (FAAjhsponsored test for finding small amounts of explosives. The test included suspected luggage from New York's John F Kennedy Airport and packages with explosives planted in
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      • Article
        Iberia accepts terms for airline buy
        72 30 IBERIA Lineas Aereas de Espana SA has accepted a demand by Argentine President Carlos Menem that it put up US$l3O million in cash to allow its takeover of Aerolineas Argentinas to go ahead. A spokeswoman said the money would be paid before today. On
        72 words
      • Article
        Airline to end flights to Amsterdam
        90 30 PWA Corp's Canadian Airlines division has decided to withdraw its service to Amsterdam, effective from Nov 17. "For the past 12 months, Canadian Airlines has been realigning its services to Europe, consistent with its long-term business plans,'* Dan Cotter, vice-president for Europe, said in
        90 words
    • Article, Illustration
      Dragonair spreads its wings in China
      978 30  -  Hongkong's regional carrier Dragonair wants to start direct services to China's secondary airports, starting with door-to-door cargo deliveries. Florence Chong reports Florence Chong Dragonair, which is now 30 per cent owned by Cathay Pacific, intends to broaden its passenger/cargo schedule for flights into China
      978 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      488 30 Sep 24 Carbon Cartoon EtonrtyNater Residue Ash Alumnum Sednwnt DensityWatar Residue Mi thmwwm Sa<n»ant %M/M t M/M Exxon Enon KG/M*3% V/V M/M M/M PPM method KC/M*3* V/V M/M M/M PPM wwthod BO/Canac fcnts Spec £25 9911.0 15 0 0.10 30* 0.10* Spec G35 ***** 18 0
      488 words
    • Article
      THE SHIPPING GUIDE
      12532 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Pott of Singapore. Advanced dates are published for a maximum
      12,532 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        486 45 »yl»l ggjjg M fry* Bail klM Depart Kappal Whams e« Tm 163 ocu3* pia 28 09/2300 29.09/0700 Mm Crams S K29 atongs*Je 27.09/2359 Entete 12A P3E 28.09/1600 30.09/2300 C* 90A K30 alongside 27.09/2300 Equator Grac 26/90E PIA 28.09/2000 29.09/2100 CMwfcMi 1/90 R29 atongsidt 28.09/2300 Gma 2 22
        486 words
      • Article
        CONTAINER SCHEDULE
        1179 45 RECEIVING OF EXPORT Fa COHTAINERS AND LCL CARGO beard B«ti*/Mane» Mb ;s# My lb Etb/Btr Mod Fran To From "Tta Late 4A 29/1500 2 27/1700 28/0659 28/0900 4 28/1200 28/1459 28/1700 Ma Bhum 60S 29/2300 1 27/1500 27/1659 27/1900 3 28/0700 28/1159 28/1400 4 28/1200 28/1459 28/1700 tote
        1,179 words
      • Article
        IN MALAYSIAN PORTS
        381 45 Part Mmg South Pert on Sep 2% Petro Bulk Panther berth 1; Young I Chemtcary berth 2; Santo Laurel berth 3; Chueng Hing berth 4; Pelego tso berth 7; Sutra berth Ik, Petro Mewah J. 3 Shel. KCT: Sea Glory berth 8; Bunga Teratai berth 9, Gulf
        381 words
    • Article
      DAILY FREIGHTS
      889 45 DRY CARGO freight rates on Wednesday continued easier with few Futures reported on major routes. The Baltic Freight Index (BFI) was down five points to 1,170 with the key US Gulf/Japan route marked down to 19.76 from 19.91 on Tuesday. "Lower rates reflect the bearish physical mood...The market
      889 words
    • Article
      Lock icon Turkey to privatise state-owned airline
      276 46 Reuter TURKEY has drawn up plans to sell off the stateowned airline THY, but has not decided on how to privatise it because of current uncertainties on the Istanbul Stock Exchange caused by Gulf fears, an official said. 'The privatisation process for THY has started
      Reuter  -  276 words
    • Article
      Lock icon HDW sees slight drop in net profit
      214 46 Reuter WEST GERMAN shipbuilder Howaldtswerke-Deutsche Werft AG (HDW) said it expects its net profit to slip to about 14 million marks in the year to Sep 30, 1990, from 15 million in 1988/89. Total output would rise to around one billion marks in
      Reuter  -  214 words
    • Article
      Lock icon Bremer Vulkan, East German yard to cooperate
      160 46 Reuter WEST GERMAN shipbuilder Bremer Vulkan AG nd the East German shipyard Schiff-bau-Holding Deutsche Mas-chinen-und SchifTbau AG (DMS) have agreed on a comprehensive cooperation pact, the Hamburger Abendblatt newspaper reported. The pact will eventually lead to a merger, it said. Excerpts of the
      Reuter  -  160 words
    • Article
      Lock icon Norwegian shipowner complains his tax bill is too low
      190 46 AFP FORMER cruise line tycoon Knut Utstein Kloster, who made a fortune from his Mi-ami-based shipping company, is complaining that the Norwegian authorities are not asking him to pay enough tax. He recently sent a cheque to the Oslo tax office
      AFP  -  190 words
    • Article
      Lock icon AP Moeller expects lower 1990 results
      381 46 Reuter DANISH shipping and oil and gas group AP Moeller said it expects its 1990 results to be worse than those of 1989, when its two listed shipping units reported pretax profits of 2.12 billion crowns, net profits of 1.62 billion and net turnover
      Reuter  -  381 words
    • Article
      China boosting yard efficiency
      225 46 CHINA'S shipbuilders have completed 75 vessels with a total tonnage of 334,000 dwt in the first eight months of this year following a drive to increase efficiency. Production value for the period increased 15 per cert to 3.48 billion yuan (HK55.74 billion), of which 1.1 billion
      225 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      101 29 BSWS NEK METN. CO PIE LID TUA3 AVC 14, SIMQAPOME 22U TELEX: MB MB7B BHMCPI. TEL: Ml HUlifem TtLiF/u Mi 2M4 Mao buy. M>.r«nM trap* BMTTISH OCSK3M MNOVATION OCMMAM OUAUTY ENQMKMMO Employ Business Times. Singapore's foremost business and financial daily is compulsory reading for the successful. If you re head"
      101 words
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      Page 29 Advertisements Column 2
      26 29 Cwtaav SdwMi 17 Myta#ta 17 Mb to Mmrtrt 3 amn Gat 10.11 9m m HA 17 SMpponTtoß 17 Vtota raport 2 VMtar and Sa ConMtm 17
      26 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      102 30 FOR WHO, WHAT, WHERE AND WHEN IN THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
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      Page 30 Advertisements Column 2
      9 30 Managers must manage. BT shows you how every Monday.
      9 words
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      Page 30 Advertisements Column 3
      37 30 CARGO SPACES AVAILABLE ON BARGE, 180 ft X 50ft X 10ft. TOWED BY TUG BOAT OF 730 H.P. TO TANJONG PRIOK, SURABAYA, INDONESIA AND OTHERS S.E. ASIAN PORTS. PLEASE CONTACT: HERMES INTERNATIONAL PTE. LTD. TELEPHONE: 235 7666
      37 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1724 31 SMpplag Tlmea, FTM»y September vs isw JARDINE SHIPPING AGENCIES 2tlllf# 200 Cjntonnwnt Road #12-06 Sout*wnt, Smpport 0208 MIW T«4 *****11 TELEX NO ivffmra terminal,cfs 220 LWJ n »HO_ FOOT KELAN6 TU: 361(111 TELEX N0 PENANG TEL *****4 TELEX NO MA*****i CFS TO. *****6 -*Cli J J:t %j ■WjnfWil PGUOAN6 TEL
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      Page 31 Advertisements Column 2
      1203 31 MDEX TOWWKTjSERS Pace Col Col Maersk Line 3 4/5 I Mainfrewht 15 4 ABC Containcriine 13 5 0 MISC 14 1-3 Accord Group 8 1-3 M'sia Shpg Corp 9 1/2 Ahrcnkid Liner 16 I MTM 16 4 Albatros Sea-Air 14 5 Mendebaohn 5 1/2 Alfred CToepfer 15 5 Meng Hon*
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      Page 31 Advertisements Column 3
      2071 31 if Vnmi Voy ETA I ETD 'Port *P«nano 1 DESTINATIONS SinQCporg Kgianq ThM (Mt M«iclwi (00( Omlng Ttm* F«Mr by cy vlO 0400 mrs m fvco a HSH m m u mmm 1 on l/» as* MRS M Tauro OAK LOB MOO MEM ATI. MIA CHS ML PHI MYC MOW
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      1093 32 ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BREMEN EXPRESS 5/515 28/9 23/10 17/10 10/10 1«/10 22/10 BENAVON 98/518 2*9 18/10 19/10 21/10 KATSURAGI 02/517 4/10 29/10 23/10 25/10 22/10 28/10 BENALDER 97/522 7/10 24/10 27/10 29/10 HAMBURG EXPRESS 98/521 11/10 5/10 30/10 1/11 29/10
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      Page 32 Advertisements Column 2
      476 32 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 k NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/9 30/10 31/10 3/11 Atoo act*** Cjffo to CallM (Reni) via Vilp. Agent*: SINGAPORE: *****96
      476 words
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      Page 32 Advertisements Column 3
      1191 32 Bvobmia uflt REGULAR WO6PEWD6HT FULL COMY/UNM eCTVICg I WESTBOUND FOR EUROPE VSUVOY SIN ALC BCL PEL ROT ANT HAM BRE LMA (VIA (VIA (VIA I ALC) ROT) MB N. SINGA 9029-3 21/09 12/10 14/10 17/10 19/10 22/10 21/10 QflO >4/10 -I N. AL MUNTAZAH 9090-3 29*09 20 10 22/10 25/10
      1,191 words
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      1644 33 uppum Aimcßy rfwy acptcuiucr to iwi BjjjzSteamers Maritime Holdings Ltd! P&O mm STRAITS SHIPPING j Containers mjw I ACCEPTS QUI SAILS I toy No P Ktof S'pon rton H'buf| 8 luvw raant Kk r»«cn I SROKN EXPRESS 5*515 +W 2WB 2MB 23/10 17(10 I*lo WO 22/10 I BENAVON 9WI» BARit/n
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      Page 33 Advertisements Column 2
      1537 33 TO: EUROPE TO; FAR EAST SJ> IN ROM HAM I'MVN FU SPORE HK MO KM W CMOYAN6 PARK MM 3D* 1«U 1W *11 Hi* Bfll CHOYANC SUCCESS Ml 1/lt W *M Ufll NANJIN OAKLANO IIIW «fll *U W W W HANJIN HAMRURC MS 11/ M U|M UfU B/U CMOVANG GLORY
      1,537 words
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      Page 33 Advertisements Column 3
      49 33 cm Mill FTL ITi. 20-09, T.-, fc« W«% 101 CmM fc S+— 0104. Tali *****12, *****11, *****34. JBMH T«4»«i IS 2*264 to *****34 WEEKLY/REGULAR SERVICE TO EAST/WEST ITSIA SENG LEONG 2/3 OCT KUCMING, SIM TKANSBULK 2/3 OCT f. KELAN6 HAMOAH S* OCT SIBU, KUCHINC SRI AftlKA 3/4 OCT PENANC
      49 words
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      Page 33 Advertisements Column 4
      389 33 SPECIALIST H RO-HO HEAVY LIFTS I UMB COSMC CMUN ASIAN f TVAOCR KUAN STAN I POT. RO. U 2 US I rpvt VM VM U/M I f. Mia* m an» um I rMw a/* I Nm am I DmU I INWH I r«ky« am I I •For Micinnii (My I
      389 words
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      Page 34 Advertisements Column 1
      599 34 EXPRESS SEM-CMTJUNERSHIP SERVICE Tl EIRtPE VSiyVOT [rvBTI KOMVMMM N'MM MORN ANTWRf VSST" iK Si |B jffi MIWtJATAfIPW tt-Mfll Mfli Hfli HW *11 ia«t TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERMEO CARGO £rt AMwnrtrti. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO OK PORTS, NULL. LE HAVRE, OSLO. COPENHAGEN, AARNUS, GOTHENBURG ANO HELSINKI
      599 words
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      Page 34 Advertisements Column 2
      729 34 HANJIN SHIPPING I w*# V full container service LtHavrt R'Mo H'W| o'Ka»«i FOm FEEDER VSL SIN URE HAUL LAX OAK CHOYANG PARK 01M 2*l 17/10 I*lo I*lo 21/10 22/10 CHOYANG SUCCESS OME 3*l H KUNSAN 40K 2*lo 2*lo HANJIN OAKLAND OIM *10 24/10 2*lo 2*lo 2*lo 2*lo HANiIN HAMBURG OBE
      729 words
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      Page 34 Advertisements Column 3
      1196 34 I \U M 11-1 1 ggl gM k. ■IJ■ I I I M k—U»L— I Kl W HKC UC KIC KS «r OH HI no iAX SFC m CHS Ml KTC UN Ml m nx M MP I ■c GLEAMT RE-0M y* *fl» Ml MP U/M U/M 17/ M ltfM
      1,196 words
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      Page 35 Advertisements Column 1
      1365 35 V 1 j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 MM TERMINAL OFFICE -.*****22 DOCUMENTATION OEPT: *****44/ *****14 AW i CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 KM®? Penar»g-(04) *****0, J.Bahru-(07)
      1,365 words
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      Page 35 Advertisements Column 2
      1207 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (EE(3ULAft INftEfrEkbENf DISCHARGING FROM EASTBOUND LOADING FPU WESTBOUND vpmu votam |yq* |ma»ila hkonT vota« mm mum mm mm tmuw tt «nwf t.
      1,207 words
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      Page 36 Advertisements Column 1
      1003 36 I LINE KAWASAKI RISEN.KAISHA. LTD. EXPOm N- AMERICA PACIFIC SOUTH-WEST l£j*WT N, AMERICA f ACIFIC SQVTH-WBT Kf MOTHER VESSEL VOY HOUS LS OA* TRY FEEDER VESSEL VOY THY MP lv/ /FEEDER VESSEL VOY IMOO KP MOTHER VESSEL VOY 18 OAK CM NYC W N lE? IW9 QUCEITS WAY BRIDGE 7
      1,003 words
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      Page 36 Advertisements Column 2
      1002 36 ftp* PHIU-ORI€NT UNCS PTC LTD VIP 106 ROBINSON ROAD *07-00 QMG BUILDING SINGAPORE 0106 I TEL: *****22/*****68/*****00 TELEX: RS ***** PHNJ FAX: *****76/*****38 BY AIR, LAND OR SEA... IVE TAKE ON THE WORLD FOR YOLL 9@GL MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 29 SEPT MONTREJU- OTTAWA, TORONTO, Vancouver, s'western ontario.
      1,002 words
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      Page 37 Advertisements Column 1
      983 37 uupptag limes, rna»y acptcimicr iMTCPMATinuAi LINES (PTE) LTD' PlLlßufcttog, 140 Cecil Street #0340, Singapore 0106 SJH JUT S* VESSEL VOY SIN BKK J* kotapamjanq 0788 m% m« koasus moomii am m/o tn« ono SZTASE *1 WO 7/1# KOTA HAQA *N 2/10 2SJ? ma 4/1* 0/10 HAJ HU WN 3/1* KM
      983 words
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      Page 37 Advertisements Column 2
      804 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m IfA Fax- *****63 Singapore 0208. Telex: RS ***** TrnwTft >Mm mmmBSBSBM jVQY SPORE P.KLANG S'HAMPTONI HAMBURG ffHAVEN ffDAM LHAVRE 98/515* 28/9 22/10 17/10 19/10 14/10 21/10 ww Express W JJJ via Bar 17/10 20/10 22/10 EX 02/517 4/10
      804 words
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      Page 37 Advertisements Column 3
      325 37 MYANMA WB* FIVE STAR UNE V (Myanmar National tint) Loading for Yangon (Rangoon) S*port P.KIg Pan FMg PAGAN VUIW la Pt MAGWAY VlfW In Pt WW AVA VIO4W *W PATHEIN VIO6W 7/MOCT U/B OCT i PAGAN VIS2W UfU OCT MYOMAYWA VI3IW Ufa OCT THE BANK UNE (A-r*cao<A—r— Will WpplM) seMI-COMTAIM6HS€RVICE
      325 words
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      Page 40 Advertisements Column 1
      831 40 /jl^s^n^^^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO WORTH CONTINENT OUTBOUNO Sl« FIX WW ROM ANT HBC RST ARABIAN S£N WfW3 04/10 2*lo 27/10 21/10 30/10 lfll GERMAN KM WfOM 1/10 11/10 1/11 2/11 4/11 *11 W. PIECK l/H 1/10 1/11 1/11 2/11 4/U 7/11 PARIS sen wro* mt~vn w
      831 words
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      Page 40 Advertisements Column 2
      1124 40 QSSSBSLmi CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM CNNUMTM SERVICES T* FAR EAST PORT KELANQ 5/10 12/10 MANILA 6/10 13/10 PENANQ 6/10 12/10 BUSAN 6/10 10/10 BANGKOK 3/10 8. 7/10 TOKYO 4/10 A 11/10 HONG KONG 1/10 8. 5/10 YOKOHAMA 4/10 11/10 KAOHSIUNG 7/10 14/10 KOBE 4/10 10/10 KEELUNG
      1,124 words
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      Page 40 Advertisements Column 3
      323 40 LOADING FPU LOADING FOR BUENOS AIRES 1 vessel vo« cm om uiiu wnsco m mm mom c. Isam i w» an# ji/m u/ii ORi ott V.MMJ Mosnmm viu aru «u 17/12 am— mu uau MSCMARGINC FM BRAZIL ONLY SKMfI Ml NK «I MSA* TM MO KM mstmen 1 ant an#
      323 words
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      Page 40 Advertisements Column 4
      1131 40 taj® IBs «S? CHINA OCEAN SHIPPING COMPANY l| 1 W &Vsnfe^E ß !»f lWC FULL CONTAINER LINER SERVICE TEL£X 53«s OS IP I CR NO: *****W0000M CABLE: COSTAtURE I General Agents: CUtIAR IhlniNO PHLTP VESSCI/VOY gp FLX ROT NAM ANT OKK VESSEL/VOY rut ROT MAM AWT 0M MP I cmiN
      1,131 words
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      Page 41 Advertisements Column 1
      785 41 NfflON-ASIA CR **********0N TEL: *****22 FAX: *****86 t Competitive Rates!! ETA USA All IPI Destns 1/10, 5/10 EUROPE all Ports 1/10, 6/10 BANGKOK 3/10, 6/10 < HONGKONG/CHINA 1/10, 6/10 SYD, MEL, ADEL, BRIS 3/10, 8/10 FRE MANTLE 4/10, 11/10 MANILA 5/10, 12/10 PKLG/PENANG 3/10, 10/10 Port Katang Branch Tal: *****21/2/3
      785 words
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      Page 41 Advertisements Column 2
      244 41 fig RICHFIELD MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Unaa) m FAX: *****15/*****03 P3 TELEX: R3 ***** RISHIP (3 Llnaa) pP\ ETNIOPUN SHIPPING LINES r J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA ILOADING FOB SPOWE NET3ANET 20WB XVIO OARESSALAAM MOMBASA. OJWOUTI ASSAB MASSAWA
      244 words
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      Page 41 Advertisements Column 3
      800 41 MASKAPAI PELAYARAN ™PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 ||MAPORC MOONMIA SCRVICI VSL VOY SIN JKT PAJ SIN OKUNOZE 97S
      800 words
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      Page 41 Advertisements Column 4
      919 41 BANGKOK SNMMMMj 404N le W 200 Urn 100 10. ORIENT 3M> »0 V» 7/M MAMA BHUM# 20N Sue 300 W* 3/10 KITjJMUM MS yM 1100 UOO NANTA BHUM 00N Wed 3/10 Set 000 SO. ORIENT 41R U/M 17/ M Mffß UNLINK 2SN Wed 3/10 Sat 1/10 |KITI BHUM |42S 10/10
      919 words
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      Page 42 Advertisements Column 1
      1215 42 n MAC-NELS SINGAPORE| wtfT TIL HWH I <■"« TH: MIMM] 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) *****21 LABUAN TEL: (087) *****9 J JAKARTA
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      Page 42 Advertisements Column 2
      503 42 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI fully containerised DISCHARGING AT NEW iTT?i wS CHALMERS ACCEPTING FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN Hrn LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. Pit AUCK LYT mulbera us u Oct a Oct via npl PROSPECT OK a Oct 13
      503 words
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      Page 42 Advertisements Column 3
      1156 42 /2fl THONG SOON LINES PTE. LTD. j si Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 3 CONVENTIONAL/CONTAINER SERVICES *****11 BOOKING LINES) SINGAPORE TO WEST MALAYS! >T" SINGAPORE TO SABAH una Iwt I eta lin una wt In* Iwt KIM SOON LI 38/90E
      1,156 words
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      Page 43 Advertisements Column 1
      706 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptnanf* P. Ketei* Sinf»por» ■URNAYEVERCTT MB/30 S«pt KARABIEVERETT** In Pt/M S** 30 S«pt/01 Oct <~ Ditch) Ditch) KAMALAEVERETT MM Oct "EVERETT ORIENT LINE"
      706 words
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      Page 43 Advertisements Column 2
      579 43 vol voy I'poot nminliner lax ust uv ntc mx m piraeus us ivu mhodmom n/u W W* vu zm Singapore at 5m Um tokyo uu i»u iw uu mu ZM ELAT HE lUM DM TOKYO 1/12 MfU 13/ li lifli 17/1J zw Trieste uk 11/11 Bin pusan km wu a/u
      579 words
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      Page 43 Advertisements Column 3
      584 43 SING KWANG HANGI mmmta s tmamfontatkw <rr*j ltd WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 2/10 6/10 JENWEL 3/10 I 16-10 VESSEL S PORE BANGKOK A VESSEL 1/10 4/1 I A VESSEL 5/10 8-10 J DESTINATIONS ETA SINGAPORE PORT KELANG 5 OCT MANILA OCT HONG KONG. ALL CHINA
      584 words
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      Page 43 Advertisements Column 4
      539 43 r» PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VEBBEL VOY JMN JKT B§V POfnANAIC' OERAJAT 904 29/09 02/10 TAN TO SEJATI 25 03/10 06/10 OERAJAT 905 06/10 09/10 TANTO SEJATI 27 10/10 13/10 TANTO UTAMA 109 02/10 06/10 TANTO UTAMA 111 09/10 12/10 TANTO UTAMA
      539 words
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      Page 43 Advertisements Column 5
      474 43 11 B JIW Milk 11.1 U II m Ki m iff m UN Fa EAST 30/9 KEELUN6/KAOHSIUN6 29/9 BANGKOK 29/9 MANILA/CEBU 2 29/9 JAKARTA/BELAWAN/SURABAYA 28/9 PORT KELAN6/PENAN6/E. Malaysia 28/9 BUSAN 28/9 TOKYO/YOKO/KOBE/NGO/OSA J 3/10 HONG KONG also accepting cargo to Huangpu Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai m mmm 29/9 LDN/FLX/LVP/SOU 29/9 RDM/HAM/ANT/LE HAVRE/GENOA
      474 words
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      Page 44 Advertisements Column 1
      583 44 CB SHIPPING (®J> MARINE SERVICES north queensland/papua new guinea services CMTMKft/LCI/BREAK BULK SERVICE "ANKE" SERVICE SPE LAE MISIMA T'VILLE V.IBSB 23/10 2/11 6/11 H/10 BUNKER SURCHARGE EFFECTIVE 1/9/90 TEU USD 25.50 B/BULK USO 2.50 LCI USO 1.50 SUBJECT REVIEW ■MUMS ACCEPTS FN lUI MLMUTM M MpMtt art wlcm. PLATOU PACIFIC
      583 words
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      Page 44 Advertisements Column 2
      751 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK ME R SIN TRIESTE Y V.17-90W 28/9/90 23/10/90 14/10/90 18/10/90 K.V.U. VIBCW9O 5/10/90 27/10/90 28/10/90 3/11/90 KM V.IB-90W 15/10/90 10/11/90 1/11/90 5/11/90 KA/.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SG. V.19-90W 1/11/90 27/11/90 17/11/90 22/11/90 ALSO ACCEPTING CARGO FOR UILANO
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      Page 44 Advertisements Column 3
      420 44 OBKUF OcEHnSERUiCE SERVICE Omwl AQWtICff/i KL: allied-link SINGAPORE: /7H^\ m0M***** 03-*****55 778 5522(22 lines) SCB) Marina Onp Sumo Ng/ChrtoHna CMew OoHy Mlrpurt/Eattwr Yap 7 /jy?g\ jl\Jj EO SHIPPING AGENCIES PTE LTD \\MljU V Tlx: RS ***** NEOSHIP Fax: *****58 Tel: *****28 (6 Lin—) A. VSL OCT CHITTAGONG/CALCUTTA A. VSL IS
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      Page 44 Advertisements Column 4
      257 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 17NB 3/10 VIGOUR PACIFIC 18HB 13/10 BAN6KOK 30/9 7/10 BUSAN 5/10 13/10 HON6KONC 1/10 2/10 DUWAW 30/9 12/10 KEELUNG 30/9 7/10 PT. LOUIS 30/9 12/l0 PT. KELANG 5/10 12/10 KOBE 1/1Q 8/10 PIRAEUS 5/10 19/10 OSAKA 2/10 9/10 JAKARTA 1/10 2/10 SURABAYA 3/10 7/10
      257 words
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      551 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIA mo 0100 0200 UN MM KM MOO 07M NM 0900 10M 11M*****3M MM ISM IMII7M UN 19M 20M ZIM 22M JON JR 10 1.1 1.3 1.4 13 1.6 1.6 1.5 1.4 1.4 1.4 15 16 1J 2.1 25 25 2.4 25
      551 words
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      Page 46 Advertisements Column 1
      384 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL JML SHIPPING CORP., KARACHI. Mf* 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 29/9/90
      384 words
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      Page 46 Advertisements Column 2
      671 46 A, HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VQV LBH OAK SEA HKC SIN HYUNDAI PIONEER 3sT~ 04/10 22/10 24/19 27/10 21/10 HYUNOAI COBMANDER 19K V» M# W* 7/W XK?.A S «5 UfS *5 3VIO
      671 words
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      Page 46 Advertisements Column 3
      384 46 CHARTPOINTI Every Saturday in Business Times UK/CONTINENT (TRIO) IrraMlrTOM wiuk ru«" rwi i» ■mmx (mat an am *2! SK S"S :t. iEwm RSSK. T. S! S» K SSST KUjllS MWMam off Hi* uu aw w MEDITERRANEAN (MED CLUBI* JEDDAH |MMIB|B -™^c-«,px i!srss- arsr s |fj|ji|B a- jJSjgS "v& m m
      384 words