The Business Times, 1 October 1990
1990-10-01
1
46
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The Business Times
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Title Section10 1990-10-01 1 Business Times MCI (P) 170/12/89 Monday October 1 1990 75*10 words
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NEWS SUMMARY
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79 1990-10-01 1 VIETNAM has taken decisive steps towards rapprochement with China and reconciliation with the US amid prospects for a political solution to the dragging Cambodian conflict. The 10-day visit to China by Vietnam's deputy premier, General Vo Nguyen Giap, and the meeting in New79 words
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Article26 1990-10-01 1 THE APPAREL industry, faced with shrinking overseas demand, may well see zero growth or even a contraction of total business this year Page 226 words
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Article24 1990-10-01 1 CHINESE state-owned building and manufacturing companies are striving to make inroads into South-east Asia by using Thailand as a springboard Page 824 words
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Article22 1990-10-01 1 AN IRAQI MINISTER has disowned threats to deny food rations to foreigners trapped by the Gulf crisis Page 1022 words
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Article40 1990-10-01 1 PRESIDENT George Bush has backed down from his demand for a cut in the capital gains tax rate, opening the way for a final deficit reduction agreement that would avert draconian cuts in government services Page 1040 words
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Article29 1990-10-01 1 BEEN MOURNING the dearth of good operatic voices of late? Take heart. J Gordon reviews the debut albums of two extremely promising young singers Page 1929 words
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Article45 1990-10-01 1 COST SAVINGS of more than $5m a year are in store for efficient users of the Singapore port. In the latest tariff revision exercise, the PSA is seeking to reward efficient port users with more rebates and lower charges Shipping Times Page 145 words
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MARKETS SUMMARY
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Article29 1990-10-01 1 SINGAPORE'S Clob International is likely to see its volume drop when the KLSE goes fully scripless, KLSE general manager Mohamed Salleh bin Abdul Majid has hinted Page 329 words
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Article22 1990-10-01 1 HONGKONG PUBLISHER Sing Tao and its chairman Sally Aw have made a general offer to Jademan shareholders. Page 422 words
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Article28 1990-10-01 1 CYPRUS POLICE have launched a criminal investigation of Asil Nadir, the chairman of Polly Peck International, one of Britain's top 100 companies Page 528 words
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Article25 1990-10-01 1 HONGKONG'S Acting Financial Secretary David Nendick says the colony plans to set up an independent commission to supervise growingly complex monetary policies Page 625 words
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Article32 1990-10-01 1 ABOUT US$2 trillion, or 1.5 times the Third World's total foreign debt, has evaporated this year on the Tokyo stock market, where values have dropped by half. Page 932 words
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Article, Illustration27 1990-10-01 1 Friday Change BT-MGA 552.81 -5.67 Kuala Lumpur ....459.08 -10.76 Hongkong 2,760.82 -7.13 Tokyo 20,983.50 -788.41 Sydney.™ 1.396.10 +1.9 New York 2,452.48 +25 London 1,535.7 -12.427 words
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Article15 1990-10-01 1 Exchange rates USI SJI.7640 Yen SSI.2773 MS.................... SS0.653I Overnight 6-3/4% -I 3-montn 6-9/16% 1/815 words
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Article36 1990-10-01 1 London Gild PM fix US$408.40 US$4.45 Rubber S'porc Oct.... 157.25«/kg +1.50 M'sia Oct..... 240.00*/kg +0.50 KL Tin Turnover 68 tonnes -7 Spot M$l6.26/kg +0.55 Crude palm oil Turnover 818 lots +160 Oct M$665 /tonne +1.0036 words
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566 1990-10-01 1 Amy Balan - Market capitalisation of at least Ms2oom By Amy Balan THE GIANT Sime Darby group will have another listed vehicle in Malaysia within the next 12 months, market conditions permitting. The vehicle will be Pernas-Sime Darby Holdings (PSD), a 51-49 per cent jointventure with566 words
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Article, Illustration430 1990-10-01 1 Quak Hiang Whai - By Quak Hiang Whai THE MAJOR BANKS in the US are fundamentally sound and well managed, and the markets have overreacted to their problems, in the view of John Reed, chairman and chief executive of Citibank. Speaking to BT last Saturday430 words
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318 1990-10-01 1 The Gulf Crisis AP PRESIDENT George Bush has opened consultations with world leaders on possible new steps against Iraq, and a top Soviet official pledged Moscow would send troops into military action if it were sanctioned by the United Nations. White HouseAP - 318 words
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Article, Illustration426 1990-10-01 1 Lilian Ang - The Cabinet after PM Lee Lilian Ang FIRST DEPUTY Prime Minister Goh Chok Tong yesterday ended months of speculation and named Ong Teng Cheong and Lee Hsien Loong deputies in the Cabinet he will head when he takes over from Prime Minister Lee426 words
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Article98 1990-10-01 1 THERE APPEARS to be a radical rethink on the use of the country's official reserves. Early last month, First Deputy Prime Minister Goh Chok Tong said that Singapore's official reserves were "the common property of all Singaporeans'*. The Government was merely their trustee or custodian. "We can98 words
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Page 1 Advertisements
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Advertisement281 1990-10-01 1 BUSINESS TRENDS PERSONNEL CONSULTANTS EXECUTIVEPLACEMENTS *****62 KUALA LUMPUR JAKAHTA HONG KONG SYDNEY 7 Regional Stock Markets 4 mam jcmhk z/ Commodrtw 26 2". <1 a i>i 0 RM Sd W IwWS J uypoc Crossword 27 <^ InrK 11 l i rSr-fa is Futures Options 25 I him* film ii r281 words
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Advertisement160 1990-10-01 1 i The best just keep getting I better... and better... iPC brother BBM Business System* :4 3-sooo V. CS;j JAL knows how important a Ergonomicatty designed to relaxing flight is if you want to cradle you in comfort, each seat arrive feeling fresh and invigorated. features a deep wing back,160 words
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HOME NEWS
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NEWS ROUNDUP
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83 1990-10-01 2 THE SECOND Singapore International Trade Fair, to be held from. May 21 to May 25, 1991 at the World Trade Centre, will further promote Singapore's attractiveness as a sourcing base for buyers of the region's consumer and manufactured goods, says the fair's83 words
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Article73 1990-10-01 2 THE REGISTRY of Vehicles' (ROV) next monthly tender for vehicle entitlements will open at 9am today and close at 4pm next Monday. The ROV says the bid documents are available for sale at designated post offices in the city area and all major HDB new towns,73 words
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Article84 1990-10-01 2 SINGAPORE Exhibition Services, a leading player in the local exhibitions industry, says it is taking steps to expand its global presence by spearheading and marketing trade events planned for South-east Asia, Hongkong, Taiwan, the Middle East and Europe. The company said in a press release over the weekend84 words
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Article50 1990-10-01 2 NINE training institutions of the Vocational and Industrial Training Board (VITB) will be holding open houses for two days beginning tomorrow. Students, school leavers, guidance counsellors, parents, industrialists and members of the public are welcome to visit the institutes to familiarise themselves with the training offered.50 words
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Article48 1990-10-01 2 THE NORWEGIAN MINISTER for Trade and Shipping, Mrs Kaci Kullmann Five, will call on the Minister of Communications and Information, Dr Yeo Ning Hong, today. MrsTive will also call on the Minister of Trade and Industry, Brig-Gen (Res) Lee Hsien Loong, in the evening.48 words
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Article35 1990-10-01 2 SINGAPORE TELECOM has announced that starting today, the maximum limit for ordinary money orders issued in the Philippines pavable in Singapore dollars will be increased from $200 to $800 per order.35 words
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Article, Illustration490 1990-10-01 2 Claire Leow - Exports grew a poor 7pc in first six months By Claire Leow THE apparel industry, faced with shrinking overseas demand, may well see zero growth or even a contraction of total business this year. About 90 per cent of the industry's output490 words
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330 1990-10-01 2 Lee Han Shih - By Lee Han Shih WORD SHOP, the third largest bookshop chain in Singapore, has secured the right to operate in one of the best locations on the island the departure and transit lounge of Changi Airport's first passenger terminal. jt outbid two330 words
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217 1990-10-01 2 Dexter Lee - By Dexter Lee MORE FLIGHTS between Singapore and Japan are in the offing. The two countries agreed to allow each other to mount an extra five weekly 8747 flights (or the equivalent) next year. Three of the new flights may be introduced from217 words
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Page 2 Advertisements
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Advertisement112 1990-10-01 2 CHARTPOINT Every Saturday in Business Times Private investment services with Canadian continuity... global connections. oday, Management groups JL no Your Hong Kong bank must Toronto manage for us you Canadian many by our office Hong the ten Kong Singapore America. We are *****77 or Taipei I in Toronto, Canada, one112 words
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SINGAPORE – MALAYSIA COMPANY NEWS
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Article, Illustration595 1990-10-01 3 William Chia - From William Chia in KUALA LUMPUR SINGAPORE'S Clob International is likely to see its volume drop when the Kuala Lumpur Stock Exchange becomes fully scripless. This was implied by KLSE general manager Mohamed Salleh bin Abdul Majid in an595 words
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Article, Illustration430 1990-10-01 3 David Chew - By David Chew A 13 PER CENT fall in investment income resulted in a 6 per cent decline in the bottom line of The Straits Trading Company (STQ Ltd for the six months ended June 30 1990. Group after-tax profits declined to $28.74430 words
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317 1990-10-01 3 Bernama BERJAYA Corporation (Malaysia) Berhad announced that it has incorporated two companies Oriental Enterprise Sdn Bhd, a restaurateur, and an investment holding company, Keris Cahaya Sdn Bhd. The company said that both companies have an issued share capital of Ms 2 each. Beijaya also announcedBernama - 317 words
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290 1990-10-01 3 Dexter Lee - By Dexter Lee HIGHER interest expense and a weaker US dollar have led marine-based Chuan Hup Holdings to turn in a lacklustre performance this year. For the year ended June 30, 1990, Chuan Hup's aftertax profits fell 11.3 per cent to $8.06 million,290 words
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226 1990-10-01 3 A VASTLY improved performance at the company level was not fully followed through at the group level by diversified industrial gases manufacturer Causeway Investment Ltd for the six months to June 30, 1990. At the company level, the bottom line showed a 255 per cent226 words
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COMPANY BRIEFS
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88 1990-10-01 3 HIT BY setbacks in its computer printer and electronic operations and provisions for stock obsolescence, Metal Containers suffered a loss of $8.3 million for the year ended June' 1 30, 1990, compared with a profit of $56.5 million the year' before, which was aided by88 words
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Article93 1990-10-01 3 THE CONTINUED boom in the construction industry bodes well for companies like Ssangyong Cement which reported a nearly fourfold increase in bottomline profits to $2.55 million for the six months to June 30, 1990 (against $530,000 for the previous corresponding period). Turnover rose 53 per cent93 words
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Article55 1990-10-01 3 FROM TODAY, the Century Park Sheraton in Nassim Hfll will be known as Ana Hotel Singapore with parent All Nippon.Airways's decision to extend its airline services to Singapore from early next year. The 454-room hotel recently went through a $20-million renovation programme and is linked up with55 words
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Article59 1990-10-01 3 SAPURA Machining Corporation, a wholly-owned subsidiary 4 of Sapura Holdings Sdn Bhd, has signed a technical assistance agreement with Kyoto Engineering Incorporated of Japan to manufacture machine parts for the Malaysian national car, Proton Saga. The project would lead to Sapura Machining investing in excess59 words
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Article52 1990-10-01 3 VI TIME Engineering Berhad announced the retirement of' Datuk Mohd Desa bin Pachi as the company's chairman and director effective from Sep 29, 1990. Mr Chia Sen Hua has l r retired as managing director and director while Datuk Shamsir bin Omar was appointed as the52 words
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Article47 1990-10-01 3 MENANG Corporation (M) Bhd reported an unaudited group pre-tax operating loss of M 51.39 million for the halfyear ended June 30, 1990, from a profit of MSIS4,OOO in the previous corresponding period. Group turnover was MS 17.54 million against MS 17.59 million in 1989.47 words
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Article70 1990-10-01 3 JUARA Perkasa Corporation Bhd reduced its unaudited group pre-tax operating loss to M 5390,000 for the half-year ended June 30, 1990, from M 5475,000 for the previous corresponding period. Its directors expect the company to faie on very sound footing upon completion of the purchase70 words
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Page 3 Advertisements
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Advertisement219 1990-10-01 3 NEW BANKING POWER ft J tmm- tyawfW^MMWW———Bl———l——ll *j^*Asl^W*^Siffl»3^MWSß^ESßllWHß^BßMßss^BssgwCfflSi§w>Jliiiii^^Bißßl^» Mr aaflrriiii d' *ia ii T' m. <***--<Mg 9 Bf.-v J>" PEMR t5P' W* \IP v I w I I 0 X j /j HuttiLink Multi-uses. Greater HIGH DAILY INTEREST 24-HOUR BANKING convenience. Maximum benefits. Earn higher interest of 4 1 p.a.219 words
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REGIONAL COMPANY NEWS
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COMPANY BRIEFS
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121 1990-10-01 4 THREE directors of a Thai brokerage firm have been charged with masterminding a drastic drop in share prices on the local bourse, Bangkok newspapers reported last Friday. The reports, which officials refused to confirm, said charges had been dropped against another 23 employees121 words
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Article67 1990-10-01 4 AUSTRALIA has given foreign investment approval for Mo- bil Corp subsidiary Mobil Oil Australia Ltd's acquisition of the Australian petrol retailing and refining interests of Esso Australia Ltd, a unit of Exxon Corp, acting treasurer Ralph Willis said. The deal, announced by the two companies in August,67 words
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Article79 1990-10-01 4 POHANG Iron and Steel Co (Posco), South Korea's largest Steel maker, started building its fifth cold-rolled steel plant at Kwangyang on the southeastern coast. A Posco spokesman said the plant will be capable of producing 1.23 million tonnes of cold-rolled steel products a year79 words
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Article60 1990-10-01 4 THE NEW Zealand Commerce Commission said Carter Holt Harvey Ltd was not required to sell Printpac-UEB as a result of its merger with Elders Resources NZFP Ltd. The anti-trust authority had investigated whether CHH should sell PrintpacUEB by May 1991, given the merger with Elders Resources60 words
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Article125 1990-10-01 4 HOLDERBANK Financiere Glaris SA, the holding company of the world's biggest cement producer, is making a takeover bid for Queensland Cement Ltd (QCL), a major Australian cement producer. Holderbank said the bid was made through Holset, the group's Australian subsidiary, which has ofTered A 53.80125 words
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Article74 1990-10-01 4 AUSTRALIAN energy producer Santos Ltd announced last week a 7.3 per cent jump in half yearly net profit to A 542.7 million (US$35 million) for the six months to June 30. Gross operating profit surged 21.4 per cent to A 586.2 million (US$7l million) during74 words
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Article, Illustration575 1990-10-01 4 FOLLOWING the order of Hongkong's takeovers authority, publisher Sing Tao and its chairman Sally Aw have made a general offer to Jademan shareholders, the South China Morning Post said last Friday. But Miss Aw still plans to challenge the order and575 words
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304 1990-10-01 4 Reuter JAPAN'S toy merchants last Friday formally launched an association to help small toy stores modernise and survive competition from large foreign retailers. The Japan Association of Specialty Toy Shops said in a statement it aims to protect small toy merchants from the likesReuter - 304 words
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Article354 1990-10-01 4 SIAM CEMENT Co will split the par share value of its shares from Bt 100 to Bt 10 apiece, The Nation reported last Thursday. Siam Cement president Paron Israsena said the move is to help support the SETs policy of having a uniform board354 words
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224 1990-10-01 4 Reuter P T ASTRA International hopes its planned convertible bond issue, delayed by poor market conditions, will be for US$lOO million, general manager of international finance Joey Wihardja said. The Luxembourg listed issue, which would be Indonesia's first convertible bond, would ideallyReuter - 224 words
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Page 4 Advertisements
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Advertisement213 1990-10-01 4 LLetoeSxi-X ka#UMOMO. *-X "x M IBbsT v .j V" <i«Ui» THAILAND^ iiJS3^«itMi h ili^UJ BANCKA Sf < fuA sela'«». p- 4» JE "gukJNS j# iA Jc^ One of the world's largest privately owned natural gas 3. > utility companies has arrived in Singapore. Tokyo Gas K)>- otte^^ Engineering Singapore is213 words
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INTERNATIONAL COMPANY NEWS
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280 1990-10-01 5 Reuter HOTEL, catering and travel group Cie International des Wagons-Lits said it aims to develop cooperation with its major French shareholders, caterer Sodexho and hotel operator Accor. But the company would retain control of its overall strategy, chairman Jean-Marc Simon said at aReuter - 280 words
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449 1990-10-01 5 AP CYPRUS POLICE have launched a criminal investigation of Asil Nadir, the chairman of Polly Peck International, one of Britain's top 100 companies. A police statement over the weekend said the investigation "is in connection with crimes of theft and dealing in stolenAP - 449 words
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Article, Illustration322 1990-10-01 5 Reuter FORD MOTOR Co chairman and chief executive Harold Poling said the automaker's annual dividend is not vulnerable to reduction. However, he said that that could change depending on the economic situation and the success of Ford products. "I would not characterise our dividend asReuter - 322 words
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244 1990-10-01 5 AFP FRENCH chemical giant Rhone-Poulenc plans to double its business in Asia, currently worth 5.3 billion francs (US$l billion) or six per oent of group turnover a year, within the next decade, director general Jean-Marc Bruel says. Mr Bruel said theAFP - 244 words
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COMPANY BRIEFS
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Article96 1990-10-01 5 AN MCA Inc shareholders group sued the company in Delaware Chancery Court, asking MCA, in merger talks with Matsushita Electric Industrial Co, be required to pursue other bids. The lawsuit asked the court to order MCA to "take all appropriate steps to effectively expose MCA96 words
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Article97 1990-10-01 5 FRENCH state-controlled assurance company Assurances Generates de France said its full year results would benefit from a capital gain of around one billion francs from the sale of a stake in Pechdbron. AGF announced the sale of a 7.8 per cent stake on Sept 5, but97 words
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Article104 1990-10-01 5 SWEDISH car maker Saab Autmobile AB, owned by SaabScan ia AB and General Motors Cofp, said it is cutting production of both its 900 and 9000 models by 3,500 units through more four-day weeks. Saab's factory at TroUhattan in western Sweden will shut every Friday104 words
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Article115 1990-10-01 5 ITALIAN financier Carlo de Benedetti is finalising the sale of a 40 per cent stake in Portugal's port producer Real Cia Vdha, a spokeswoman for his European holding company Compagnies Europeennes Reunies (Cents) said. De Benedetti's Portuguese holding company, Cofipsa, bought the 40jxt cent115 words
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Article150 1990-10-01 5 JACK LYONS has decided to appeal against his oonvictkm in the Guinness stock manipulation case, his attorney said Friday. Jack Lyons, 74, was sentenced on Tuesday to a fine of £3 million (US$5.5 million), and the judge said he had been spared a jail term only150 words
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Page 5 Advertisements
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Advertisement166 1990-10-01 5 Jalan Ampang... a green yet vibrant neighbourhood where many expatriates in Kuala Lumpur reside. And it's no Wu mw& m I coincidence that One Ampang Avenue is located here. For here is where you'll find wide raintree-lined avenues, p3r~ ~^i the Ambassador's Row with its handsome embassies on sprawling grounds,166 words
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FINANCIAL NEWS
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Article, Illustration389 1990-10-01 6 HONGKONG'S acting Financial Secretary David Nendick said the colony plans to set up an independent commission to supervise growingly complex monetary policies, the South China Morning Post reported. The paper quoted sources as saying that the growth of monetary matters in the last few years has389 words
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285 1990-10-01 6 STANDARD Chartered Bank chairman Rodney Galpin came bapk from China wijh assurances that problem i loans to six joint ventures will be resolved, the South China Morning Post reported. Although the loans ac- count for less than 2 per cent of the US$l billion285 words
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343 1990-10-01 6 i PI Mumbtr |H momuff Qroaa Maturity Vaar Coupon Amount ot days of mlddh pclca radamptlon rataad rat* <%P«> (*"> H accruad Intaraat (axe hiding accruad Intaraat) yivKJ (%P«) 1.12.90 1.4.91 15.4.91 15.7.91 1.9.91 152*2 15.5.92 Loan ***** N2B9100E 1969 Loan343 words
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233 1990-10-01 6 David Chew - By David Chew AN extraordinary spate of major claims of unprecedented size and frequency, occurring both in the second half of last year and the first half of this year, has made RMCA Reinsurance incur its first ever loss. The reinsurance group lost233 words
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Article420 1990-10-01 6 Reuter, AFP ANALYSTS estimate that Barclays pic paid more than £200 million to acquire Merck, Fink Co, West Germany's second largest private bank. They believe the bank, which has net assets of about £100 million, would command a premium of 2 to 2.5 times thatReuter,; AFP - 420 words
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SMALL CHANGE
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93 1990-10-01 6 THE final cost to taxpayers of the US bailout may reach US$6OO billion, the chairman of the Federal Deposit Insurance Corporation said on Saturday. L William Seidman, who is also chairman of the Resolution Trust Corporation, said on US television that costs would93 words
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Article108 1990-10-01 6 RESEARCH firm IDD Information Services said the volume for new issues in the third quarter declined by 4 per cent to US$7O.5 billion from U5573.6 billion. The US firm said that domestic underwritings were down in all equity markets, except for debt financings which108 words
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Article86 1990-10-01 6 CHASE Manhattan Bank NA said it was cutting its London dealing staff by 64 and its systems operations staff by 34. The redundancies are part of a previously announced rationalisation of its European foreign exchange and money market operations and a much wider restructuring of86 words
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Article83 1990-10-01 6 HUNGARY is setting up two large credit funds to help Hungarian* buy state property in order to generate massive privatisation of the country's largely state-owned economy, a government official said. Gyorgy Matolcsy, the Prime Minister's political adviser, said the funds would be at the centre83 words
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Article106 1990-10-01 6 BRITISH insurance firm Willis Faber pic said its shareholders have approved a merger with US Insurance broker Corroon Black Corp. The merger will become effective cm Sep 30 and dealing in shares of a new company, Willis Corroon, will start today on the London, New106 words
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Page 6 Advertisements
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Advertisement231 1990-10-01 6 EXCLUSIVE AKDMORE POINT i, APAKIMEWTS^ II A ARDMORE PARK, SINGAPORE^ At Ardmore Point, situated at the junction of Anderson Road and Ardmore Park, you are cxi prime land. Around you is the lush greenery along Orange Grove/Anderson Road and within walking distance are the prestigious American and Tanglin Clubs. In231 words
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Advertisement282 1990-10-01 6 Our Suite Package for your total lifestyle experience, for only M 5228.00 nett Designed to pamper the executive guests at our hotels, our Suite Package offers you a luxury suite plus a host of amenities and services no extra cost. It's indeed a total lifestyle experience you'll appreciate and be282 words
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Page 6 Miscellaneous
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Advertisement133 1990-10-01 7 SHAH Z A N PRUDENTIAL ,2 TOWER A »t,' JA .f~ t DEDICATED TO BUSINESS DRAGONS ONLY. I or The jx^w l the the study of'fengshui', the ancient art of Chinese Ceomacy. r I The Dragon is considered a "Yang'force and associated I Similarly, in the business world, ifs the133 words
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THE REGION
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351 1990-10-01 8 CHINESE state-owned building and manufacturing companies are striving to make inroads into South-east Asia by using Thailand as a springboard, the Bangkok Post reported last week, o The paper quoted representatives from China's largest companies in Bangkok as saying they plan to use351 words
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Article, Illustration48 1990-10-01 8 AP picture A Buddhist monk receiving offerings af food and money from worshippers at a temple to Phnaun Penh during a festival last Saturday. The festival, Pnrh—hi u, b for the faithful to honour the souls of their ancestors. —AP pictureAP picture - 48 words
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430 1990-10-01 8 Reuter OIL EXPLORATION in Indonesia is surging ahead after incentive programmes were introduced last year, and soaring oil prices can only strengthen this trend, officials and induitry sources said. Foreign oil firms will spend US$3.4 billion this year on exploratory drilling in Indonesia, 36Reuter - 430 words
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NOTE BOOK
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146 1990-10-01 8 THAI Transport and Communications Minister Montri Pongpan ich is considering a plan to introduce a U552,400 million bullet train service which would sharply reduce travelling time on some of the country's longest journeys, the Bangkok Post reported. The paper quoted a highly placed source146 words
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Article75 1990-10-01 8 AFTER a long period of isolation, Laos is trying to improve its links with the outside world, particularly China and Thailand, a government official said in Vientiane on Friday. But the Marxist state also wants to preserve its special relationship with Vietnam, said Deputy75 words
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Article176 1990-10-01 8 THE Honda Motor Co of Japan has received permission to set up a 240.31 million peso engine manufacturing plant in Manila, the Philippine Trade Department announced on Friday. The department said it also approved a 213.68 mil-lion-peso joint venture between local businessmen and Japanese firms to176 words
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Advertisement466 1990-10-01 8 '*tL.? rlw .aPI'*1 >: .iSyjSl"'.' t BbblTilu^lfH *****1 L —as: jB I wr-" W IHM)*' 1 -lij flE* 1H KT %asS/t ■Ml*-- -^***** i il^W s Bfe?" BP^ -> 5> HL 1 L lE j Pv—- 9 v fl H v Bfr > JH 1 t- ¥-li *muLf tJfwL&Hmk Wk466 words
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THE WORLD 1
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438 1990-10-01 9 Reuter PRESIDENT George Bush has backed down from his demand for a cut in the capital gains tax rate, opening the way for a final deficit reduction agreement that would avert draconian cuts in government services. A congressional source said lastReuter - 438 words
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572 1990-10-01 9 AFP ABOUT US$2 trillion, or 1.5 times the Third World's total foreign debt, has evaporated this year on the Tokyo stock market, where values have dropped by nearly half. The Japanese economy and the man in the street are going to have toAFP - 572 words
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Article, Illustration42 1990-10-01 9 Reuter picture Canadian Premier Briaa Mulroney (c*mtrt) and UN Childrea't Sammit co-chairman introducing Soviet Foreign Minister Edaard Sberardenadze to the youngest joaraalist at the sammit last Saturday. Laura Fuwcett, 11, is from Calgary, Canada. Renter pictureReuter picture - 42 words
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Article159 1990-10-01 9 Reuter A RISE in the levd of UK personal savings in the second quarter is further confirmation that economic growth was slowing earlier this year, economists say. Data released by the government last week showed that personal savings as a percentage of total personal disposableReuter - 159 words
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WORLD WATCH
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57 1990-10-01 9 INDIA'S former deputy prime minister Devi Lai from parliament yesterday, plunging New Delhi** barely 10-month-old government into a fresh political crisis. Mr Lai, 75, told reporters shortly after the ruling National Front opened a crucial meeting of its MPs that he had submitted his57 words
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Article69 1990-10-01 9 THE GULF CRISIS will cost India's economy about US$2.B billion and New Delhi may have to swallow its pride and borrow from the International Monetary Fund, officials and economists say. Finance Minister Madhu Dandavate, in Washington for the annual World Bank/IMF meeting, said India had69 words
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Article57 1990-10-01 9 CAPITAL INVESTMENT by Japanese companies is forecast to rise by an average 16.0 per cent in fiscal 1990-91 wwiing next March 31, compared with a 19.4 per cent rise the previous year, according to a survey by the Industrial Bank of Japan Ltd. The survey included 3,10357 words
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Article52 1990-10-01 9 BANK OF JAPAN governor Yasushi Mieno concern last Friday over the plunging Japanese bourse but dismissed the possibility of any imminent official dinmi«>t rate rise. The pace of the stock price fall in the past three days is too fast in light of Japan's economic fundamentals,**52 words
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Article62 1990-10-01 9 BUYERS from the Soviet Union and Eastern Europe are to attend China's premier export trade fair next month for the first time, but they are not expected to sign any big deals right away. In all, about 23,000 businessmen from 113 countries are expected at62 words
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Article, Illustration537 1990-10-01 10 The Gulf Crisis Conditions in Western embassies are becoming unbearable; the US alerts Americans in the Middle East and Europe of terrorist actions Reuter AN IRAQI MINISTER has disowned threats to deny food rations to foreigners trapped by the Gulf crisis. "There areReuter; Reuter picture - 537 words
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363 1990-10-01 10 Agencies SOVIET FOREIGN Minister Eduard Shevardnadze said last Saturday that the Soviet Union would be prepared to send troops to the Gulf under the auspices of the United Nations. The prospect drew an immediate welcome from the White House. The Soviet minister, in NewAgencies - 363 words
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439 1990-10-01 10 NYT SENIOR KUWAITI officials say they believe the Bush Administration has concluded it can no longer rely on the embargo of Iraq to force the Iraqi army out of the Persian Gulf sheikdom. The officials, who insisted they not be identified,NYT - 439 words
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Advertisement108 1990-10-01 9 CONFERENCE ON GfIMMY-MTEmY TO HBOtt Business Opportunities in EC and Eastern Europe 9-10 OCTOBER 1990 Setting up an Operational Base in Germany \1 -12 October 1990 Opening by His ExceNency Dr Karl Spalcke German Ambassador to Singapore and an official of Trode Development Board Presentations by foreign and local speokers,108 words
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Advertisement151 1990-10-01 9 SB 9 a mm m r* VIV 9 K Witt > ,^1 v ji# \i fc mm« j i JJfcrH .iani b J A lg3^H'M^L k MUPr' iPfe S9r Ml' Lt ~*i .^i Our Point design isn't meant for the avenge businessman. Only it's in the beautiful red of German151 words
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Advertisement225 1990-10-01 10 SIEMENS NIXDORF '> i Mobilizing synergies The merger of the Siemens Data and Information Systems Division The Siemens Nixdorf sales and support operation is structured and Nixdorf into Siemens Nixdorf Information Systems means into customer-orientated divisions to respond promptly and with "Mobilizing synergies" to meet new challenges in all IT225 words
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Advertisement31 1990-10-01 10 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg.. 4-8-1 Hatcho bori, Chuo-ku, Tokyo 104, Japan Tel: 03 553 6961 Fax:o3-555-2892 *stsa MtflilftHi31 words
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Page 11 Advertisements
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Advertisement184 1990-10-01 11 Now you can dine on classic cuisines, indulge your taste for the classics, and enjoy classic hospitality under our new name. It's business as usual at ANA HOTEL SINGAPORE, at the Hubertus Grill, Unkai Japanese Restaurant and Cafe- Our guest rooms are brand new, now that we've completed formerly Centuiy184 words
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ANALYSIS
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Article, Illustration1746 1990-10-01 12 Kenneth James - There appears to be a radical rethink on the use of the country's official reserves. But the hows and even the whys remain unclear. BT recently brought together six businessmen and academics to brainstorm this important development. Economics Correspondent Kenneth James highlights the1,746 words
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Page 12 Advertisements
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Advertisement167 1990-10-01 12 Build up your regional market share at... SIBEXSS'9I The Oth South East Asian International Building Exposition 15-18 May 1991 Changi International Exhibition and Convention Centre Singapore incorporating coneaulp'si The 6th South East Asian Construction Equipment Exposition Featuring an outdoor display of construction equipment The next decade will firmly reinforce South167 words
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ENTERPRISE & MANAGEMENT 1
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Article253 1990-10-01 13 Seminars and courses Dmtfoa Title Venue Organiser Tel Sep 29, 30 The Phoenix Novotel Brian Tracy *****02 Oct 1 Seminar of the Orchid Inn Learning Psychology of Systems Achievement Oct 2 Confusion J S Mill Library NUS *****% confusion Dept of Philosophy Oct 3-4 Critical Skills Apollo Hotel Professional253 words
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820 1990-10-01 13 There are good decision-makers and there are poor decision-makers. But other things being equal, the speed with which you get your information often makes a life-and-death difference WITH markets and technologies changing more rapidly than ever, a greater ability to react quickly is820 words
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Article110 1990-10-01 13 A TEAM from the Economic Development Board emerged as the best performer in Round Two of the National Management Game. The team achieved the highest accumulated profit of $8.8 million after six trading periods. In the last trading period in Round Two, 29 companies110 words
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Article, Illustration801 1990-10-01 14 Corporations find that the offspring they spawned in the mega-deals of the 1980s need tender care The Economist IN THE 1980s deal-making seemed to be all about financial wizardry and legal legerdemain. Companies hired small armies of bankers and lawyers to dream up exoticThe Economist - 801 words
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Page 13 Advertisements
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Advertisement126 1990-10-01 13 LIT H Management Consultancy Seminars And Training Business Assistance Manpower Recruitment Business Centre Direct Mailing Tel: 734 4875 Fax: 733 9034 He took nothing off including his l Ik ■jfih w BrflHP Ww BRUNO MAGLI Sole Agent: Marlex Marketing Pte Ltd Tel: 734 9696 Fax: 737 6892 Boutiques: Cent repot126 words
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Advertisement37 1990-10-01 13 AV'^'boo^J DRAGONS' TALE "A lively yarn. Dragons' Talc evokes the realities of business intrigue in Asia." Louis Kraar, Fortune "Truly enthralling.... the characters are all too true to life." Clare Holfingworth. Sunday Telegraph IW/12/W Times The Bookshop37 words
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Advertisement77 1990-10-01 13 1 is now being served. |V J < JN V To satisfy today's fast paced JN executive, the Compass Rose introduces the r istest fine lunch in Wi_ town. Imaginative daily set menus created with care and flair, taking f only minutes to serve so that you can get back77 words
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Page 14 Advertisements
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Advertisement63 1990-10-01 14 Bank of America SINGAPORE SERVING SINGAPORE FOR 35 YEARS Pacific Connections. With the largest banking system on opportunities in the Pacific Rim. And the America's West Coast, and a network that strength of long-standing relationships spans Asia's major markets, Bank of on both shores. You'll go farther in the America63 words
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Advertisement207 1990-10-01 14 FREE LUGGAGE INSPECTION f Ms '1 TEL: 733-0037 > r i. For A Trouble-Free Trip Have Your Bags Checked Before You Travel. We Will Tell You What Is Not Right. We Mend: Broken Handles/Pull Lever/Straps Jammed Locks Missing Wheels Damaged Hinges/Alignment Cracks/Tears/Dents Loose Linings Anything That's Not Right. #04-37 Shaw207 words
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SPORTS
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Article, Illustration1040 1990-10-01 15 Paul Ramani - Paul Ramani went to the Volvo Supertennis tournament last Saturday, and has had his wavering faith in exhibition matches restored Paul Ramani I HATE exhibitions. To me, they are a waste of time, effort and money, watching so called 'stars' perform. More often than1,040 words
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241 1990-10-01 15 Reuter JIM HALLET eagled the 18th to complete a five-under-par 65 that gave him a share of the lead on Saturday after three rounds of the US$6OO,OOO Southern Open golf townament in Columbus, Georgia. Kenny Knox and David Peoples also had causeReuter - 241 words
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SIDE LINES
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Article150 1990-10-01 15 LEEDS and Arsenal fought themselves to a fierce 2-2 standstil on Saturday while League leaders Liverpool pulled further away at the top with a competent 1-0 win at Sunderland. Midfield powerhouse Ray Houghton scored the winner ooe minute before half-time to give Liverpool a150 words
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Article106 1990-10-01 15 ANDREW NICHOLSON, one of New Zealand's gold medalwinning team at the World Equestrian Games in July, set an unbeatable pace in the international horse trials meeting in Blenheim, England, on Saturday. He ignored heavy rain and some slippery patches on the cross-country course to gallop into106 words
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Article131 1990-10-01 15 DISGRACED SPRINTER Ben Johnson, banned for taking drugs to win an Olympic gold, can run again in the colours of Canada. That means he is likely to be back at the Barcelona Olympics in 1992 trying to prove he can be the fastest man in the131 words
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Page 15 Advertisements
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Advertisement136 1990-10-01 15 New Name, New Identity, New Beginning As of today. October 1, 1990. The Nippon Kangyo Kakumaru Securities Co., Ltd. becomes Kankaku Securities Co., Ltd. The identity is new but our commitment to customer service, our in-depth knowledge of the worlds major capital and financial markets, and our expert research and136 words
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Page 16 Advertisements
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Advertisement873 1990-10-01 16 WINGTAI WING TAI HOLDINGS LIMITED (Incorporated in the Republic of Singapore) he Directors are pleased to announce the following AUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 1990 he audited consolidated results for the year ended 30 June 1990 together with comparative figures >r the corresponding period in 1989 are873 words
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Advertisement901 1990-10-01 16 ran CHUAN hup holdings limited IBU (INCORPORATED IN SINGAPORE) The Directors art pleased to anno unco the audited ooneoMdated results of tha Company and tha Group for tha yaar andad 30 Juna 1990. Lataat Yaar To Pravioua Yaar To 30 Juna 1990 30 Juna 1989 ♦orCo. Group Co. Group Co.901 words
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THE ARTS 1
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Article, Illustration983 1990-10-01 17 Matt Wolf - Andrew Lloyd Webber faces strong competition from a New Yorker in the West End, reports Matt Wolf Matt Wolf NYT ITS BEEN building up for years and finally erupted over the past 12 months: a London musical landscape in which almost everything seems to bo comingNYT - 983 words
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508 1990-10-01 17 AP Unself yourself," replies a grand old man of English letters when asked for his advice to aspiring writers. "Try for a moment to be the man you are listening to." V S Pritchett, who will be 90 in December, has spentAP - 508 words
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Article, Illustration1088 1990-10-01 19 J Gordon - Been mourning the dearth of good operatic voices of late? Take heart. J Gordon reviews the debut albums of two extremely promising young singers. J Gordon OPERA aficionados tend to be a nostalgic lot, always looking for the golden age of singing in a previous generation. To them,1,088 words
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485 1990-10-01 19 The Singapore Symphony Orchestra returns to the VCH for its third series of the year. Here's what concert-goers can expect over the next two months. THERE'S no place like home. After two months of concerts at the Conference Hall, the Singapore Symphony Orchestra returns485 words
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Article, Illustration553 1990-10-01 19 Donal Henahan - Donal Henahan on 18-year-old Soviet pianist Yevgeny Kissin, who made his remarkable American debut recently Donal Henahan NYT TO PARAPHRASE T S Eliot, I have been to hear the latest Russian transmit Chopin through his fingertips. This time the transmitter in question is namedNYT - 553 words
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Article, Illustration476 1990-10-01 19 P Y Van - The Singapore Symphony Orchestra By P Y Van THE SINGAPORE Symphony Orchestra ended its series of concerts at the Singapore Conference Hall with a second Journey to Vienna. The orchestra, under the baton of assistant conductor Lim Yau, explored the music of 19th century476 words
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Page 17 Advertisements
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Advertisement128 1990-10-01 17 BEWARE! Forgeries of cheques ana valuable documents such as your personal or company cheques, cash vouchers, invoices, share certificates, title deeds, Ponds etc; are very common incidents imagine what could happen If your own signature has been forged on your stolen blank cheque. The end result...? New, with a Dlrelo128 words
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Advertisement973 1990-10-01 17 THE BANK OF NEW IORK COMPANDING Head Office: 48 Wall Street, New York, NY *****, U.S.A. Singapore Branch: 10 Collyer Quay, #14-02/03 Ocean Building, Singapore 0104. Consolidated Balance Sheets Consolidated Statements of Income OmMart m MmmA mmop vita* wmt For the years ended December 31 OoMn to iwnfc eaeep# Www*973 words
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Page 18 Advertisements
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Advertisement137 1990-10-01 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE... Some like it hot. BPR^"' A -<f Spicv Szechuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8585 ext *****/6. *t S137 words
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Advertisement443 1990-10-01 18 HWT REGBJCY SNGAPORE PROUDLY PRESENTS The Best of the BARRON KNIGHTS THE VERY SUCCESSFUL INTERNATIONAL COMEDY ACT MONDAY 1 OCTOBER 1990 TUESDAY 2 OCTOBER 1990 at the Crystal Ballroom. 2nd floor DINNER AND SHOW $65.00 NETT PER PERSON CONCERT $30.00 NETT PER PERSON (LIMITED SEATS ONLY) Pre-dmner cocktails 7.30 pm443 words
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Advertisement273 1990-10-01 18 INTERNATIONAL BUFFET 1-31 OCTOBER Cafe Plaza takes you on a delightful adventure of tastes... French, Italian, Australian, Japanese, Chinese and more*. Lunch or Dinner. Adult: Child: $10++ 'menu changes regularly. ice] M Plaza Hotel Cafe Plaza ROSE GARDEN SICHUAN RESTAURANT W Level S, Golden Landmark Hotel 390 Victoria Street, Singapore273 words
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Advertisement425 1990-10-01 18 P~jjfljflj Amidst Imperial splendour, our chefc f JHTn stage their highly-acclaimed ptiMiiiMUt UrlJ I faction of demanding diners.To guarantee V #w j your place amongst the discerning, make i.r ll your reservations early tLill W] Lunch 12pm to 2.30pm im/y fcOJ Dinner. 7pmto 10.30pm Jj?M 3)th Ibor v -M \*4425 words
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Page 18 Miscellaneous
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Miscellaneous675 1990-10-01 18 TELEVISION AND RADIO toon). 12J3 1U Staiaa Bm BUSINESS ON RADIO r? A X SBCtffc:/ 3.45 HaMay Matlaaa N Rain- 1.35 Ktorafat BUSmcaavnnAwty T||*T 1 fifl f —r nil. bow Bntc and the Star Steal- 2.15 Aaiaa (mm Athletics (L) RRr eq q _u 7 u VMF 1 H A675 words
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Page 19 Advertisements
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Advertisement283 1990-10-01 19 AND ENTERTAIN American Classics. Only At The Hubertus Grill. AMERICAN MEAT PROMOTION m SEFTEMRER TO ISOCTOftCX MSO r DINNER 7 PM TO 1030 PM FEATURING AN A LA CARTE MENU ALSO STERLING SET DINNER FOR FOR RESERVATIONS. PLEASE CALL *****22 EXT L 582 ALL PRICES SURfECTTO 10% MM SERVICE CHARGE283 words
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Advertisement97 1990-10-01 19 Mr— $838 Menu for 10. i IJI Free quart Martdl Cordon Bleu. 1 1 1 (Only 5 tablet nightly. Advance orders required.) i 1 1 $428 Menu for 10. 11 i[» Free quart bottle Chtvas Regal or MarteO VSOP. 5 2 $288 Menu for 8. S Hjß Free quart Chiva«97 words
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STOCK EXCHANGE OF SINGAPORE 1
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Article, Illustration4937 1990-10-01 20 Quak Hiang Whai - By Quak Hiang Whai FEARS of a military conflict in the Gulf and pessimism over its long-term economic effect sent share prices on the Singapore stock market sliding in relatively thin trading last week. Over the week, the Straits Times Industrials Index fell 49.714,937 words
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Article4107 1990-10-01 21 t Main Board C Properties 620 +25 +4.2% CAC 350 +16 +4.8% Nat Steel 595 +10 +1.7% OUT 220 +7 +3.3% Tat Lec Finance 185 +7 +3.9% Causeway Loan 79 +4 +5.3% IMC HKS0.50 113 +3 +2.7% SBS 166 +2 +1.2% UIC H5 +2 +1.8%4,107 words
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MARKET REVIEWS
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Article618 1990-10-01 22 FT THE SHADOW of Saddam Hussein hangs low and long over Wall Street. As oil prices headed towards US$4O a barrel last week and the toll of corporate casualties continued to pount, the conviction that Ulis is the onset of a reces-sion-driven market, ratherFT - 618 words
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583 1990-10-01 22 AFP SHARE PRICES on the Tokyo Stock. Exchange plunged to pre-1987 crash levels last week amid increasing tensions in the Gulf and inflation fears prompted by soaring crude prices. The kev Nikkei Stock Average of 225 blue chips nosedived 2,794.33 or 11.75 perAFP - 583 words
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ASIAN MARKETS ROUNDUP
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Article150 1990-10-01 22 STOCKS on the Securities Exchange of Thailand (SET) closed slightly up for the Week after recovering from a 5.19 per .cent plunge on Tuesday over fears of rising domestic oil product prices. The Volatile index rose 3.61 points for the Tweek to close at 641.56. The week was marked150 words
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Article243 1990-10-01 22 DESPITE government efforts to bail out the sagging Taipei stock market, share prices continued to slide during the shortened trading week amid deepening worries over a domestic recession and the fluid Gulf situation. Following the previous week's 10.6per cent plunge, the 216-issue index surrendered 406.4 points, or 13.1 per243 words
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Article155 1990-10-01 22 SOUTH KOREA'S stock market made solid gains last week on heavy buying by institutional investors encouraged by hectic sales of their new beneficiary certificates. The Composite Price Index rose 3 per cent to close on Saturday's half-day session at 602.9, up 17.94 points over the week. Average daily turnover155 words
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Article126 1990-10-01 22 AFP INDIAN share prices forged ahead last week despite a brief tumble caused by the domestic political crisis over job quotas. The Sensitivity Index finished the week at 1,420.08, having gained 31 points or 2.2 per cent in the three trading sessions. In a single trading session on Tuesday,AFP - 126 words
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782 1990-10-01 22 Ray Heath - By Ray Heath THERE GOES another short-lived market myth. Only a few months ago, pundits were proclaiming that bear markets had been abolished. Thanks to program trading, futures markets and more sophisticated analytical techniques, stock prices would move instantly to new floors when782 words
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Article, Illustration1108 1990-10-01 22 DBS Securities VOLATILITY on overseas markets sent share prices on the Hongkong market plunging during the week to their lowest point in more than seven months. The Hang Seng Index shed 171.04 points, or S.B per cent, to close at 2,760.82,DBS Securities - 1,108 words
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Page 22 Advertisements
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Advertisement75 1990-10-01 22 DRAKE 1 Drake is always moving N We're out to get things done M BEST job finders in the world H DRAKE IS #1! a Drake is always moving up and in celebration pf of our second anniversary we are expanding to M 78 Shenton Way #14-03 H Singapore 020775 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration3893 1990-10-01 23 MBT SENTIMENT worsened on the Kuala Lumpur stock market last week as selling persisted. Amid the continuing Gulf tensions, share prices fell, with several stocks slipping below their par values. Selling in component stocks slashed 252.5 points off the New Straits Times IndustrialMBT - 3,893 words
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Page 23 Advertisements
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Advertisement139 1990-10-01 23 BUSINESS X_L_frLJL-S TELEPHONE: 730-5937/5902/5942 #_^_AJ(j_7_3_4—4_9B^2 BB STOCKBROKERS V invites suitably qualified candidates to join our young and dynamic team of personnel as :.i i The incumbent wifl report directly to the Managing Director. He/she will oversee the financial management and accounting functions in the Group. He/she will also be responsible139 words
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WORLD STOCK MARKETS
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Dow climbs 25 points in seesaw trading
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Article, Illustration1278 1990-10-01 24 WALL STREET capped a wild week last Friday with a seesaw day of trading which pushed stock and bond prices higher. Oil prices, which drove the markets all week as they relentlessly advanced towards US$4O a barrel, were little changed as traders consolidated positions on the last trading1,278 words
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Article, Illustration810 1990-10-01 24 UK SHARES tracked Wall Street on Friday afternoon, falling to the day's lows when the New York market opened sharply easier, and partially recovering by the close when US stocks moved off the bottom. "There hasn't been much real turnover this afternoon and we are still being tugged down810 words
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Article248 1990-10-01 24 BELGIAN shares ended mixed last Friday to lower after a week of thin trading overshadowed by persistent nervousness about the Gulf crisis and the collapse of international stock markets, dealers said. The forward market index finished down 2.37 points at 4,961.31, 88.03 points, or 1.74 per cent, below the248 words
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Article292 1990-10-01 24 HEAVY losses in the real estate sector kept Toronto stocks from following a rebound on Wall Street, dealers said. "It wasn't a news day. Maybe that's why they were up," one analyst said. Wall Street closed 25 points higher after dropping more than 40 at the opening bell. The292 words
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Article167 1990-10-01 24 WEST GERMAN shares fdl in nervous trading on Friday, still vulnerable to any news from the Gulf pointing to a rise in tension. Operators sokl heavily at the opening on weakness in Tokyo and on Wall Street, but sell orders then dried up. The impact of German union next167 words
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Article271 1990-10-01 24 DISAPPOINTING first half results for Fiat and Montedison and the weakness of other European bourses combined with the continuing Gulf uncertainty to push Milan share prices down in thin early trading, brokers said. "The overall anxieties have been accentuated by the results of the big groups," said one broker.271 words
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Article224 1990-10-01 24 SWISS shares dropped sharply to hit a two-year low after the earlier falls on Wall Street and Tokyo. The All-Share Swiss Performance Index fell 18.1, or two per cent, to 894.5, a fall of 54.6 since last Friday. Zurich Sep 28 Francs Actions Suisses Alusuisse Br...— 980 uncfa Alusuisse224 words
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Article331 1990-10-01 24 Reuter JOHANNESBURG gold shares dosed firm on an otherwise weak market dominated by fears about the Gulf crisis. The JSE all-gold index edged up one point to end at 1603, a rise of 111 or 7.4 per cent from the previous Friday. The industrial index plunged 59 to 2,660Reuter - 331 words
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Article99 1990-10-01 24 PARIS shares plunged on fears the Gulf crisis would worsen but ended off the day's lows after late bargain-hunting. The CAC-40 index ended 32.35 or 2.11 per cent down at 1,491.76, a drop of 51.77 since the previous Friday. Parte Set ri Fnma M«*HH Air-Liquide 601 +6 C»e 481.0099 words
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Article201 1990-10-01 24 Other markets in Europe, South Africa and Canada Amsterdam Sep 28 Fb ABN 31.00 -1.1 Aegon 107.60 -3.4 Ahold 122.10 -1.1 Akzo 84.60 -2.8 Alrenta 159.30 -0.4 AMEV 45.10 -1.6 AMRO Ass. Stad 43.30 0.8 BOLS 162.80 -6.5 Borsumy 68.30 -3.7 Buehrman Tetterode.... 51.40 unch CSM 74.90 -2.3 Daf 22.90201 words
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Article83 1990-10-01 24 INDICES TURNOVER Sep 28 CVM ftirl— NEW YORK Dow Jones 2,452 48 2427.48 25 NYSE Financial 110.78 107.38 3.40 SAP 500 306.05 300.97 5.08 Turnover (million) 202 ***** +19.31 LOHftOH Financial Times 30 1535.7 1548.1 -114 FTSE 100 1990.2 2009.1 •18.9 Turnover (million) 403.8 428.8 -25 AMSTERDAM CBS General NA83 words
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Page 24 Advertisements
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Advertisement14 1990-10-01 24 Read Chartpoint, a guide to investing in the stock market Every Saturday in BT.14 words
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CURRENCY, MONEY & FUTURES MARKETS
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394 1990-10-01 25 WEEKLY ROUND-UP THE US dollar ended moderately higher in quiet trading in New York, as dealers were reluctant to carry short-dollar positions into the weekend in case of a flareup in the Mideast. "You can't afford to go short (dollars) over the394 words
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119 1990-10-01 25 Reuter SPAIN has no plans to depreciate the peseta within the European Monetary System and will continue its present policy of maintaining high interest rates, Spain Economy Minister Carlos Solchaga said. "The government will maintain high interest rates to give some security for investorsReuter - 119 words
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690 1990-10-01 25 ASIAN CURRENCIES AFP THE yen fell for the second straight week on nervousness over news and rumours on the situation in the Gulf. The Australian, New Zealand units were down, as was the Indonesia rupiah, which hit a new low. The South KoreanAFP - 690 words
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Article392 1990-10-01 25 Cross rates sg>29 USS S$ MS Dm Yen SFr AS NZS USS 1.7655 2.7010 1.5675 138.55 0.5332 1.2970 1.2114 1.6221 SS 0.5664 1.5299 0.8879 0.7848 0.3020 0.7346 0.6861 0.9188 MS 0.3702 65.36 0.5803 0.5130 0.1974 0.4802 0.4485 0.6005 Dm 0.6380 1.1263 1.7231 88.39 0.3402 0.8274 0.7728 1.0348392 words
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Article542 1990-10-01 25 Interbank rates S$ Bid Offer Overnight 6 3/4 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Overnight mode: 7-3/8 US$ High l^w 7 days 8 13/16 8 1/8 1 month 8 7/16 8 3/16 2 months 8 3/8 8 3/16 3542 words
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476 1990-10-01 25 Reuter A BUDGET accord could pave the way for the US Federal Reserve to take the longawaited step of easing credit, but economists said the oilprice surge means a quick ease is no sure bet. Deteriorating economic growth, tighter lending standards among commercial banks,Reuter - 476 words
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436 1990-10-01 25 Reuter THE recent flattening of Canada's inverted yield curve, sparking rallies in the money market, was a major incentive for the Bank of Canada to raise its key rate on Thursday, several economists and traders said. The four basis point riseReuter - 436 words
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460 1990-10-01 25 Sin Huat Bullion - GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion SPOT gold went up sharply from the week's opening of USS3BB.OQ/U*****.50 to an early high of U*****.00/ U*****.50 last Monday. For the rest of the week till Thursday, fought hard to make further gains, bouncing repeatedly460 words
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Article282 1990-10-01 25 COMEX Sep 28 COLD FUTURES) 100 oz) US$/oz Open High Low Settle Change Oct 404 70 408.20 403.80 402.50 Nov 405.40 -2.60 Dec 411.00 414.30 407.70 408.10 -2.70 Feb 416.00 418.30 412.50 412.60 -2.80 Apr 421.50 422.70 415 50 416 80 -290 Jun 424.50 427.50 421.00 421.30282 words
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Article534 1990-10-01 25 BANKS ABN Bank 8Y2 Allied Irish Bank PLC 8V« American Express Bank 8'/j Am'Dam R'terdam Bank 8Vj Arab Banking Corp 8'.'2 Arab Bank PLC 7V« Asia Commercial Bank TVi ANZ Banking Group 8V4 Ban Hin Lee Bank 8'4 I Banca Commcrciale 8V? Banco do Brasil 8"« Bangkok Bank534 words
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COMMODITIES
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303 1990-10-01 26 Bernama INDONESIA will stop the export of cement from today in order to meet domestic needs, it was announced last week. A senior official of the industry ministry said the decision was taken following intensive talks with cement producers in the wakeBernama - 303 words
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386 1990-10-01 26 Reuter THE Philippines could be producing nickel again by the middle of next year if the terms of payment on the sale of the country's only refinery are finalised, the government Asset Privatisation Trust said. "Nickel production may begin in the first quarterReuter - 386 words
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929 1990-10-01 26 REPORTS AFP GROWING fears that war would break out in the Gulf sent crude oil prices above US$4O per barrel for the first time in 10 years last week. Concerns about the almost two-month-old crisis were compounded by recession fears. Platinum was hitAFP - 929 words
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Article1135 1990-10-01 26 Rubber MS (h> >■ talt) S cents/kg Int I RSS Close Sep 24 155.25 Sep 25 155.50 Sep 26 157.00 Sep 27 155.75 Sep 28 157.25 HttLB (t* h Wg) M cents/kg Int 1 RSS Close Sep 24 238.00 Sep 25 238.50 Sep 26 239.50 Sep 27 239.50 Sep1,135 words
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Page 26 Advertisements
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Advertisement908 1990-10-01 26 NOTICES SINGAPORE AIRLINES LIMITED (Incorporated m the RepuMc of Singapore) LOST SHARE CERTIFICATE The undermentioned share certificate has been reported lost, mislaid or destroyed Certificate No. tn the Name o» No. of Shares *****557 Cheng Wah Ngit Ixlooo NoOce s hereby given that duplicate certificate be issued and the ongnal908 words
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Advertisement16 1990-10-01 26 WHAT, where ff i i WI: AND 'liaiirtg 1 IN THE MARKET Every Thursday... ADVERTISING MARKETING16 words
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Advertisement15 1990-10-01 26 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.15 words
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Article728 1990-10-01 27 City FHfM ETA FNgM ETO City FHM ETA FigM ETP Hilllll*- MH610 1715 QF81 1900 MH671 1800 MH643 1730 migo 1445 RJ183 2320 MH613 1850 MH618 2045 MH644 1900 S Q 1 1 8 toltwlMi GA892 1055 E28/10 2100 QF005 2230 MH620 2135 Mm QF16 100728 words
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THE TRAVEL PAGE
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Article, Illustration690 1990-10-01 27 Eileen Alt Powell - LETTER FROM JERUSALEM By Eileen Alt Powell MOST days, Abdel Raouf Abu Assab sits at the door of his souvenir shop in Jerusalem's Old City, smoking his water pipe and waiting for tourists. These days he waits in vain. "Since the Gulf crisis, there is690 words
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Article152 1990-10-01 27 As at 3pm yesterday: Local dollars to oae unit of foreign currency Currencies Bid Offer Australian dollar 1.449 1.469 Canadian dollar 1.S12 1.S32 NZ dollar 1.076 1.116 Sterling pound 3.290 3.320 US dollar 1.7620 1.7720 Local dollar* to 100 units of foreign cwtity Austrian schilling 15.80 16.80152 words
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Article86 1990-10-01 27 Duration Tide Venue Organiser Td Oct 1-12 Singapore Business Mission to Canada Vancouver, Montreal, Calgary A Toronto Singapore Manufacturers' Association *****87 Oct 2-7 International Machinery A Technology Exhibition for Ceramic Indiatry Italy Ente Autonomo Fiera Di Rimini 1/*****132 Duration Title Venue Organiser Td Oct 12-16 Tokyo Pack86 words
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Page 27 Advertisements
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Advertisement55 1990-10-01 27 p A A llk busing person'* h«>i>.c otn luoitav. 'Xyy I y\ I'hiirsilav. S ituril.n ind "sunil.iv. Unin;( h.inui \irpt>rl it ":3> hours ind irnvin<; jl 21 k. -A- JL I |itltrtnt citics in the l*s ihi follow int ii.i\ (S) A Rki- \in < M I- i: i. <I!55 words
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Advertisement173 1990-10-01 27 j We are a trading group with V V diversified interests in Europe, Africa, India and Singapore. f 9 Currently, we are setting up a joint venture in India to provide IT support to countries in this region. The Group will provide the "front-end" customer installation and service support backed173 words
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Page 27 Miscellaneous
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Miscellaneous200 1990-10-01 27 22 How musicians may play Bach first then The Four Seasons (2,3) 5 The first in R in Berk- 24 Highlight of the theatri--23 Fabricate a yarn and shire (7) cal world (4) tell it! (4) 6 Contributions to naval 25 One proverbially reluc--26 Turn away, or give fruit power200 words
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Miscellaneous208 1990-10-01 27 Singapore Outlook: Showers over several areas in the morning. ReportMax temp 31.9 assoc humidity 61% mintemp. 24.9* c assoc humidity 94% hrs of sunshine 5.35 rainfall in mm Trace rainfall this mth 204.5 rainy days this mth 15 World report Asia-Pacific Hi/Lo* Cond. Auckland 17/08 Fair Bangkok 32/24 Showers Beijing208 words
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Miscellaneous37 1990-10-01 27 iiiTESPBnSSBSBI LSOK FVT Rrnow CF "fine /Pptok)yo\). L u#*s B&NG j Bepu.inprr v f —s \t«u you cpme m....y T 1, Z Gf\ Wit L-<Jor\ —n 7 x > 1 \jCiGftfc UGHTfeJ?.... IT'S A DODDL£/ 1 1 eMMr«aMDoauK.«MM37 words
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396 1990-10-01 28 First agreement to bolster trade, economic and cultural exchanges Bernama MALAYSIA and the Soviet Republic of Uzbekistan have signed an agreement for the formalisation of a joint group of experts to discuss annually trade, economic and social cooperation. The agreement was signedBernama - 396 words
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461 1990-10-01 28 Bernama GERAKAN has sent a memorandum to the Malaysian Works Ministry appealing against the imposition of toll in Kuala Lumpur's Jalan Pahang following the upgrading of the highway. Copies of the memorandum, which cites 16 reasons why the toll should not be introduced,Bernama - 461 words
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Article, Illustration47 1990-10-01 28 Two little children sitting on the hands of a Karl Marx statue in East Berlin. They were posing for a souvenir photograph taken by their mother last Saturday, four days before the date set for the German reunification. Reuter picture Reuter pictureReuter picture - 47 words
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215 1990-10-01 28 AFP A HIGH-RANKING Chinese official has said China and South Korea are close to concluding negotiations on exchanging trade offices, local press reports said in Seoul yesterday. "China and South Korea have agreed in principle to exchange trade offices," Zheng Hongye, chairman ofAFP - 215 words
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Article122 1990-10-01 28 Reuter JAPAN is trying to dispel concern among its allies over a surprise move towards normalising relations with the hardline communist state of North Korea. A high-powered delegation from Japan's ruling Liberal Democratic Party (LDP) ended a landmark visit to North Korea onReuter - 122 words
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343 1990-10-01 28 AFP ECONOMISTS yesterday predicted deepening problems for the Australian economy because of the compounding effects of the Middle East crisis and record losses by once respectable companies. Corporate Australia was shocked by last week's losses, totalling more than A 53.5 billion for the yearAFP - 343 words
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Page 28 Advertisements
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Advertisement154 1990-10-01 28 PrgeT miLUER EN HORLOGERIE DEHJISIBI4 GENEVE my' 1>" Dauphin Sitzrultur Your racrrone is where you feel YOUR COMPANY'S ATTITUDES. Dauphin, one of West Germany's leading office chair manufacturers, has intensively studied the special requirements and activities widely varied fields of work. The SyncroLine a programme featuring chairs on the basis154 words
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Advertisement503 1990-10-01 28 PugeT /MILLIER EN HORLOGERJE DEPUISIB74 GEN&VE This two-day seminar (in English) is designed to create greater awareness of the tremendous business opportunities available in MYANMAR for SINGAPORE businessmen, traders, bankers, developers, hoteliers and manufacturers. The distinguished panel of speakers is made up of high-level officials from the Trade; Finance and503 words
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Shipping Times
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Article, Illustration442 1990-10-01 29 Dexter Lee - By Dexter Lee COST SAVINGS ot more than $5 million a year are in store for efficient users of the Singapore port. In the latest tariff revision exercise, the Port of Singapore Authority is seeking to reward efficient port users with more442 words
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Article449 1990-10-01 29 Dexter Lee - By Dexter Lee IN RESPONSE to complaints from unhappy subscribers, the Port of Singapore Authority (PSA) has revised its plan to sharply raise Portnet charges. The local port authority has also postponed the planned introduction of the rate hikes from today to Nov 1. Apparently, this449 words
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Article132 1990-10-01 29 More AustraliaThailand flights AP AIR SERVICES with Thailand are to be greatly increased in a two-stage operation, Australian Transport and Aviation Minister Kim Beazley said. Under the plan, seven extra Boeing 747 flights will be permitted between the two countries each week, starting this month. Another seven flights each weekAP - 132 words
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304 1990-10-01 29 AP WAR-RISK insurance premiums for ships travelling to some parts of the Gulf have fallen as underwriters compete for business, a leading London underwriter said. Chris Rome of C W Rome Underwriting Agency, which handles business for Lloyd's of London, said reductions wereAP - 304 words
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137 1990-10-01 29 AP A PORT STRIKE in Kingston, Jamaica, on Friday halted operations at two of the main shipping lines serving Jamaica. The strike is expected to affect talks between the government and Zim, one of the shipping lines, for the latter to use Jamaica as itsAP - 137 words
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208 1990-10-01 29 Reuter TAIWAN, facing a slowdown in its economy, plans to spend the equivalent of US$62 billion on 26 infrastructure projects in the next six years, the Council for Economic Planning and Development said. Council vice-chairman Chang Lung-sheng said last week that the projectsReuter - 208 words
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269 1990-10-01 29 AP SOUTH KOREA will choose a foreign contractor by next June for its first high-speed electric train service projected to begin in 1998, the Transportation Minister said. Mr Kim Chang-shik said last week that South Korea needs to obtain foreign hightechnologyAP - 269 words
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123 1990-10-01 29 Reuter AN ACCORD has been struck to allow a direct flight path from Tokyo to Beijing through North and South Korean airspace, reducing the flight time by about an hour, the International Civil Aviation Organisation (ICAO) said. The United Nations agency, based in Montreal,Reuter - 123 words
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NEWS SUMMARY
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48 1990-10-01 29 LORD KING, chairman of British Airways pic, has had his contract with the international airline group extended until the end of 1992, a company spokesman said. Lord King joined the board of British Airways in 1980 and became chairman a year later.48 words
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Article38 1990-10-01 29 Repair and conversion of ships are limited to only about some 2S shipyards worldwide. Because of its strategic location, Singapore is likely to benefit most from business coming over the next few years. Page 238 words
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42 1990-10-01 29 UNITED AIRLINES has notified the Federal Aviation Administration that it would discontinue up to 20 per cent of at its three major hubs if congressional leaders fail to stop budget cuts. Back Pate42 words
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33 1990-10-01 29 THE CITY and county of Denver have dosed a US$3l9 million oommitment from the Sumitomo Trust and Banking Co for a tax-exempt financing for the airport Back Pace33 words
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42 1990-10-01 29 PLANS by West German airline Lufthansa and Japanese concerns Japan Airlines (JAL) and Nissho Iwai to take a stake in express courier service DHL at first sight infringe rules on fair competition. Back Page42 words
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LOG BOOK
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106 1990-10-01 30 CHINA is to open Haimen port on the East China Sea to foreign ships today, New China News Agency (NCNA) said. It quoted communications ministry officials as saying that the port, the 50th Chinese port to be opened up to foreign ships, has106 words
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Article98 1990-10-01 30 AB VOLVO said its aircraft unit Volvo Flygmotor aims to become a partner in the development of a new civil aircraft engine with General Electric Co. A company spokesman said the company is still negotiating on its plan, which would mean investments of around98 words
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Article61 1990-10-01 30 PAN AM CORP has signed a definitive agreement to sell its internal German service based in Berlin to Deutsche Lufthansa AG for US$l5O million. Pan Am said the transaction is expected to close on Oct 26. Two days later, Lufthansa plans to begin service61 words
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Article69 1990-10-01 30 THE European Commission has approved West German government plans to grant Lufthansa a subsidy of IS.S million European Currency Units towards investment in its pilot training school in Bremen. The regional development subsidy will allow Lufthansa to enlarge the school, increase the number of permanent staff69 words
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76 1990-10-01 30 FAXION BV, the fashion distribution subsidiary of transport company Koninklijke Nedlloyd Groep NV, has acquired a majority stake in Transfashion SA of Spain on undisclosed terms. Faxion said the acquisition completed its European fashion logistics network, which consists of Nedlloyd subsidiaries in several countries,76 words
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Article71 1990-10-01 30 TELEFONOS de Mexico (Telmex), the state-run communications giant Mexico is seeking to privatise, ran up additional debt of US$63O million during the first half of 1990, the government news agency Notimex said. The borrowing brought the total debt of Telmex to US$3.2 billion, about 30 per71 words
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Article70 1990-10-01 30 COAST Guard troopers last Thursday stormed two oil tankers docked west of Manila and arrested 23 crew members who staged a mutiny over demands for pay increases, authorities said. The crewmen of the 92,000-ton Diego Silang and the 5,000-ton Dagohoy staged the mutiny on Wednesday after70 words
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Article, Illustration623 1990-10-01 30 Repair and conversion of ships are limited to only about some 25 shipyards worldwide. Because of its strategic location, Singapore is likely to benefit most from business coming over the next few years Lloyd's List THE highly-vola-tile tanker market has given the conversion industry a number of largeLloyd's List - 623 words
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Article353 1990-10-01 30 Lloyd's List The one new emerging country in the ship conversion industry is Singapore, where traditional general repair markets are being complemented with a movement into larger conversion contracts. During the recent IranIraq war, shipyard majors in Singapore gained a great deal of experience inLloyd's List - 353 words
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Article838 1990-10-01 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and838 words
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Article12312 1990-10-01 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, tfte shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum12,312 words
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SHIPS IN PORT
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Article529 1990-10-01 45 ItopH Wh Em Ton 171 arm 01 K34 atonpde 30.09/1500 PfontHff Win 18A13 K33 alongside 30.09/0600 Kola Elopes Mudanshan E 867 K31 alongside 01.10/2300 8 K30 alongside 04.10/1830 Murraycvcret «E K29 atongsrie 01.10/2300 Seaspac 1 1401E K15 alongside 30.09/0700 !i|0» Flower *****0/P K36 alongside 0210/2200 Taenia Thomascwrct529 words
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Article1191 1990-10-01 45 I RECEIVING OF EXPORT Fa CONTAINERS AND LCL CAR60 Record Bootix/Babnct Mb Sty Voy No Etb/Btr Period From To From I mcoc 130N 02/1800 2 30/1700 01/0659 01/0900 4 01/1200 01/1459 01/1700 JPnde ***** 01/1730 1 30/1500 30/1659 30/1900 AMM 344 02/0100 1 30/1500 30/1659 30/1900 I 21,191 words
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Article346 1990-10-01 45 •FtrtKlMg ■m 'jautti Part on Sep 28: Leipzig berth 1; Ocean Ru&y berth 2; Item Aman berth 3; Meiaka Jaya berth 4; Mercury Pearl 7; Likas Venture berth 7A. KCT: Anro Australia berth 8; Uni Master berth 9; Anro berth 10. Nar* Part CS AJu berth 11;346 words
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Article1047 1990-10-01 45 THERE were few outstanding features on the dry cargo freight market on Thursday as rates continued to ease and overall sentiment remained bearish. The Baltic Freight Index (BR) fell two points to 1,168 with the key US GulCJapan route declining further to U5519.74 from U5519.76 on Wednesday. "A1,047 words
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Article, Illustration416 1990-10-01 46 Reuter UNITED AIRUNhii has notified the Federal Aviation Administration that it would discontinue up to 20 per cent erf" United Airlines flights at its three major hubs if congressional leaders fail to stop automatic budget cuts scheduled for today. The budget cuts, mandated by theReuter - 416 words
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188 1990-10-01 46 NYT THE CITY and county of Denver, which are building the first new large airport in the United States in the last 20 years, have closed a US$3l9 million commitment from the Sumitomo Trust and Banking Co for a tax-ex-empt variable rate financing toNYT - 188 words
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222 1990-10-01 46 AFP PLANS by West German airline Lufthansa and Japanese concerns Japan Airlines (JAL) and Nissho Iwai to take a stake in express courier service DHL at first sight infringe rules on fair competition, the European Commission said. The commission stressed thatAFP - 222 words
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150 1990-10-01 46 AFP AN INDIAN businessman and his American representative were arrested on Thursday on a charge of conspiring to bribe a maritime official US$2Ol,OOO for preferential treatment in buying a ship. Prakash Agarwal, 56, the managing director of a Bombay salvage company that scraps ships, hisAFP - 150 words
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Page 29 Advertisements
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Advertisement105 1990-10-01 29 THE SPECIALIST IN: WiraßopiSingi^^V Lathing mi I SH« FACILITIES Sjm Lifting IMP INTERMABINE SUPPLY CO (PTE) LTD 11 TEL: *****33 (6 LINES) FAX: *****77 Air Courier Dogfight tt Globe x— A Futures Revolution? SINGAPORE BUSINESS Conner Peripherals p)k goes into overdrive H K I hitn. nm dim tor nf i105 words
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Advertisement33 1990-10-01 29 Coduti ftapoct 2 Contamr SdwMt 17 (My Fratffe 17 W II I i i 11 9 TOO it weruswj 4 SkffMt G«* mil Port 17 Stappon Tttm 17 to** art Sm CmMm 1733 words
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Page 30 Advertisements
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Advertisement109 1990-10-01 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 7 Stories on labour and its relationship with i f I management, management concepts in practice, 5) profiles of leading managers in Singapore and J Y relevant book reviews. ENTERPRISE MANAGEMENT, in Business n OCK y Times every Monday, is must reading for managers109 words
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Advertisement30 1990-10-01 30 MALAYSIAN AGENTS REQUIRED Able consolidate corgoes destined mostly for India, Pakistan, Nepal Sri Lanka. Canvass imports from similar regions. Keen interest to develop above important. Please reply to: FAX *****3330 words
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Advertisement37 1990-10-01 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 766637 words
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Page 31 Advertisements
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Advertisement1714 1990-10-01 31 JAROINE SHIPPINcTSScKS tlllff 200 Cantonment Road #12-05 Souttipo.nl Smpporo 0208 Cliffy T«l *****11 TELEX NO RS ***** WfTHIW TERMINAL/CFS Tel *****18 220 1 COOCg r BOONIMS T«4 *****34 235 w999r PESAKA JAROINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS1,714 words
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Advertisement1251 1990-10-01 31 INDEX TOMWKTggS Par CoJ Pace Col A Mainfrright 15 4 ABC Containerline 13 5 jiff '5 Accord Group 8 1-3 Sh Pe Co n> ,J X Ahrenkid Liner 16 2 5 Albatros Sea-Air 14 5 Mendelssohn 5 1/2 Alfred CToepfer 15 5 Men* Horng Shpg 5 2 •APL 5 3-51,251 words
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Advertisement2174 1990-10-01 31 Vmul Voy ETA ETD 'Port -Panang DESTINATIONS Tha* ml Itarchan 0008 Owing Tmim by 2/<0 0400 MRS M Farco t ||g CFS l/W 2MB MRS M Tauro OAK LQ6 HOU MEM ATI MIA CMS 6AL PHL HYC MOW TOU MARCHEN M 9000 2/10 3/10 Sid S»d 20/10 22/10 2S/I0 28/102,174 words
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Page 32 Advertisements
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Advertisement1134 1990-10-01 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KATSURAGI 02/517 4/10 29/10 23/10 25/10 22/10 28/10 BENALOER 97/522 7/10 24/10 27/10 29/10 HAMBURG EXPRESS 98/521 11/10 5/10 30/10 1/11 29/10 4/11 TOKYO BAY 01/525 14/10 31/10 2/11 4/11 VII 7/11 KOWLOON BAY 07/524 18/10 12/111,134 words
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Advertisement537 1990-10-01 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IRINI 2/11 16/11 18/11 23/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PACO PAGO, APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 2/11 5/12 6/12 9/12 Alto accepting Cargo to Callae (Peru) via Valpa Ag«nts: SINGAPORE: *****56 VS. JAVA:537 words
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Advertisement1336 1990-10-01 32 1 Ejyaaaia 9JOK9 —regular iwoepemdent full container service WESTBOUND F6R EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA JVIA (VIA <VIA N SAMANTHA^ 3 0 3 SSS 25/10 28/10 2^lo N ft n s'}? 31 10 O/U 04/11 06/11 »/ll n J} ,2 E' 11 0711 *11,336 words
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Page 33 Advertisements
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Advertisement1558 1990-10-01 33 Steamers Maritime Holdings Ltd tax P&O I MM straits shipping! wk Containers *0, Ito rSiT 5-ton H'Durf rhMn row. Uk 001 MILS KAT3URMI +lOKH/W 04/10 2*lo 23/10 2VIO 22/10 2*lo CA CO KMIMX 17f122 TO6-01/10 07/10 24/10 2*lo 2*lo RAJAN BROOKE VIX Muart.Uk.KK la B Oct HMMJM EXPRESS 9*521 T1,558 words
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Advertisement1707 1990-10-01 33 TO: EUROPE TO: FAR EAST SP LH RDM HAM I'MVN FIX SJ>Ot£ MR KAO KM BU HAMJIN OAKLAND 010W 7/10 24/10 25/10 21/10 20/10 20/10 CHOYAWC SUCCESS OOE 1/10 4|N VN IV U/> CHOYANG GLORY 001W 13/10 31/10 1/11 2/U 4/U VU HANJIN HAMBURG OB2E 11/10 15/10 14/10 I*lo CHOYANG1,707 words
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Advertisement358 1990-10-01 33 STMITS/ JAPAN/ STRAITS SERME SPECIALIST M RO-RO HEAVY UFTS wsai cmc mm hum TIUDM KUAN XTM I vor no u i us r»wt VM tnt um P. MMI 4/11 14/tt Pananf Ho«|ta«| MP Yokohama 21/ M "a(«*« 23/10 Osaka T«k*« an* •For Discharging (My CALLING OTHER JAPANESE POUTS, HONGKOIfc TAIWAN358 words
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Page 34 Advertisements
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Advertisement639 1990-10-01 34 CR NBR **********0-0 EXPRESS SEMI-C«IITAINEISNIP SERVICE TO EIRBPE VjLVOY S'NM ROAM/AO AM N'NN MOKN ANTHEM HATAAAMf27WI k. tat Ml Mj P A' vessel w-unt ivn li/n a/u am smrmyapmn lt-shl WU a/u aw wi t I FAST TRANSIT TIME I ACCEPTING BREAKBULK/CONTAtNERISCD CARGO Stt|Kt to MonanL ANo anpftiQ cargo to639 words
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Advertisement784 1990-10-01 34 |£?VHANJIN SHIPPING 1 FULL CONTAINER SERVICE S'ptrt UHmt* Rfca H'hurf BUmm FNmm FEEDER VSL UN LINE HAUL LAX OAK HANJIN OAKLAND UOW 6/10 24/10 25/10 21/10 21/10 21/10 HAN JIN HAMBURG OB2E 12/11 H POHANC UK 2/11 6/U CHOYANG GLORY WW 13/10 31/10 1/11 2/11 6/11 5/11 HANJIN ROTTEROAM UK784 words
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Advertisement1311 1990-10-01 34 o i -~m I PKL SGP HKC use KLC PUS MKT OSK SMI TYO LAX SFC PTI CMS lAL NYC LMV AM KM FIX MM MP I ■c gleamy It« im vie vi» Mm urn iyu up i*m np n/is vu ivn ivu m/u 2»u M" Mu »u aoi I1,311 words
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Page 35 Advertisements
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Advertisement1559 1990-10-01 35 11 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********06) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :2212Q22 DOCUMENTATION DEPT: *****44/ *****14 MW CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA ceo, c,^ K.L.-(03) *****33, P.Ketang-(03)1,559 words
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Advertisement1266 1990-10-01 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 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND vtsms voT*g yott hhowc w»Ag spott waAwt rwAvoi nuutr wn amtvmrp T1,266 words
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Page 36 Advertisements
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Advertisement1474 1990-10-01 36 I K line KAWASAKI KISENJ<AISHA. LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST MPOWT N. AMERICA PACIFIC SOUTH-WEST 7 FOOHIIQm VOY INOO «P«/P*K SSP MOTHER VESSEL VOY LI OAK CHI NYC |»™ER Wttl VOY NOUS IB OA* TRY FEEOER VESSEL VOY THY MP MEDITERRANEA I 1/10 4(10 4,10 MACKINAC BRiOGt 2*lo 31/101,474 words
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Advertisement701 1990-10-01 36 XSm PHILI-ORI€NT LIN€S PTC LTD 106 ROBINSON ROAD *07-00 GMG BUILDING SINGAPORE 0108 f TEL: *****22/*****69/*****00 TELEX: RS ***** PHIU FAX: *****76/*****38 -v BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 6 OCT MONTREAL OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. 50CT701 words
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Advertisement399 1990-10-01 36 rk-*- t golden LINE -'A GUAN GUAN SHIPPING (PTE) LTD 1 a T«Mi Apr StTMt SINGAPORE MM 1 TEL StiMMtt UNO)Fu. SOW (CR Na. UUMMM) miBM—iMMU— S port P. Mini PM| GOLDEN HAVEN M KMT GOLDEN HARVEST CMo/hndl/IMiii t/» Oct flMygg MM Xamn/fwfcM W Oct BAI TUN SHAN Xmai/FulMi I*399 words
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Advertisement1527 1990-10-01 37 PACIFIC INTERNATIONAL LINES (PTE) LTD mmm PIL BuHding, 140 Cecil Street tt»4o, Singapore 0106. VESSEL VOY SIN JKT SIM VESSEL VOV SIN BKK SIN qowa ma s/io 7/10 peoasus progress oson im a/10 ens EDEN 9033 4/10 S/10 11/10 KOTA NAOA 21N 1/10 S/10 10/10 DELTA MAS 17SS 7/10 S/101,527 words
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Advertisement1014 1990-10-01 37 f BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint fIA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/DONTMiIK9 VESSEL |VQY SPORE PKLANG SHAMFTON| HAMBURG BHAVEN R-QAM L'HAVRE Katsuragt' 02/517 4AIO 29/10 23/10 25/10 22/10 28/10 BenaMef 97/522 7/10 Via Tob 24/10 27/101,014 words
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Advertisement311 1990-10-01 37 MYANMA vBHBk FIVE STAR UNE X (Myanmar National Line) Loading for Yangon (Rangoon) Sport P.W| Ptn P.fidi MAGWAY VIM SM hi« AVA VIO4W In Pt PATHEIN VIOM 7/M OCT 11/12 OCT PAGAN VI62W U W OCT MYOMA TWA VI3IW 11/20 OCT ia* THE BAHKUHE (A torvico ol AMrow W*tf Sh4pp*«fl)311 words
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Advertisement10 1990-10-01 38 CmCORPOINSURANCE BROKERS (S) PTE LTD Tel: *****88 Fax: 225 068210 words
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Page 39 Advertisements
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Advertisement11 1990-10-01 39 CmCORPOINSURANCE BROKERS (S) PTE LTD Tel: *****88 Fax: 225 0682 i11 words
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Page 40 Advertisements
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Advertisement836 1990-10-01 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX MV ROM ANT HBG RST ARABIAN SEN WFM3 MHO Wll S|» Wll Wl 1/11 ■mm sin mm vh sin i/u wi *(ii nu V PIECK 11» WO 1/11 Wl 2|U 4/U 7/11 MM SEN wren lt/10 «U «1836 words
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Advertisement1123 1990-10-01 40 CS2SRL CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 mr cmssumtmn samca it: FAR EAST PORT KELANG 5/10 12/10 MANILA 6/10 13/10 PENANG 5/10 12/10 BUSAN 5/10 10/10 BANGKOK 7/10 11/10 TOKYO 4/10 11/10 HONG KONG 5/10 8/10 YOKOHAMA 4/10 11/10 KAOHSIUNG 7/10 14/10 KOBE 4/10 10/10 KEELUNG 7/10 14/10 JAKARTA1,123 words
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Advertisement348 1990-10-01 40 r la 'fillr i 10ACHNC FOB LOADING FOR BUENOS AIRES ««L VO*f CM DM MlttJ OWKKO MO «TS WT PASUA c. haw. Un» nn» w wu urn on V.MOOU ■osmfc* i aru vu i?ru am tn on v mm 2 DISCHARGING FM BRAZIL ONLY VORfloMl HH Ml •USA* rot WO348 words
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Advertisement1286 1990-10-01 40 t B| ifc *i£4l "3! te 5? CHINA OCEAN SHIPPING COMPANY 1 S^sf^SE B ffi)° ,MG FULL CONTAINER LINER SERVICE mE ***S^° SM,P CR NO: *****t*****M CAS^COSTSLINE General Agents: OOfTAR tHIPWHO PTE LTD VtSStL/VOT SCf FIX HOT HAW AWT D*n VESttl/VOY FIX HOT HAM AMT WW healthy mvw/ise m/u 21/u1,286 words
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Advertisement1008 1990-10-01 41 HTicHnELO MARINE AGENCIES (S) PTE LTD a TEL: *****33 (12 Una*) m FAX: *****15/*****03 fTI TELEX: RS ***** RISHIP (3 Llnaa) ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOM SPOWE NCTSANET 20WB 30/10 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 23W81,008 words
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Advertisement828 1990-10-01 41 %lfc-P T. MASKAPAI PELAYARAN vEapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFSTSRE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: 222Q255 BINGAPORI INOONCSIA SCRVJCB VSL VOY SIN JKT PAJ SIN PUL BAHAGIA828 words
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Advertisement996 1990-10-01 41 v BANGKOK CEBU/MANILA [mm Ivor swAwt ■anbmk |vma jvov rwot cau wmA I NABTA BHUM 09W Med 1/10 Set 1 1/10 KITI BHUM 000 SflO 11/10 IW» I UNLINK 29N Ned 3/10 Sat 0/10 SO ORIENT 41R U(M U|» Iff I SIR! BHUM# mm Fri S/10 Mow KITI BWUM 19/10996 words
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Advertisement1081 1990-10-01 42 MAC4IELS SINWOWE fawm til ttmn mpmt til aiMttl PENANG TEL (04) *****6 IKK TEL: (088) *****0. TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 1 SKAN TEL: (089) *****2 l_|Vr/\" J. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 V J1,081 words
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Advertisement545 1990-10-01 42 blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTOLY SAILINGS discharging at po r t CHALMERS ACCEPTING FCL A LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUC* LYT MULBERA ITS 1» Oct 21 Oct Via NPL »Oct545 words
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Advertisement1203 1990-10-01 42 I Jrfl THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES)~ SINGAPORE TO WEST MALAYSIA j SINGAPORE TO SABAH una Iwtr E S una wit eta |«t KIM SOON LI 39/90E 6 OCT1,203 words
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Page 43 Advertisements
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Advertisement704 1990-10-01 43 v gM M COMPANIA PERUANA W DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING CALLAO MATARANI, ILO* A OTHER PERUVIAN PORTS WTHT/S AT KOBE ON CPV THROUGH BILL OF LADING. Pwunc* P. Kaianf Sinfapore MURRAYEVERETT KARA9IEVERETT~ In Pt/02 Oct Ditch) Ditch) KAMALAEVERETT 14/ M Oct WgV "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN704 words
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Advertisement593 1990-10-01 43 wy rrott haiihiner [lax tor Eav~ »yc Intx piraeus us m/m m nonghong byu n/u w yu Iwu z« Singapore k mm mtokvo |uu ru i«u w> to moAT ut n/M mtokvo i/u wu uiu ivu w Z« THICITt UK um M ««A* Uu I*U 22. UMI ftU m roper593 words
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Advertisement604 1990-10-01 43 Msing kwang hang ■MM nUMPONTAIKM (TTI) LID WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 4/10 7/10 JENWEL 3/10 6/10 VESSEL SPORE BANGKOK A VESSEL 5/10 10 A VESSEL I 6.10 8/10 DESTINATIONS iTA SINGAPORE PORT KELANG 5 OCT MANILA 6 OCT HONG KONG. ALL CHINA PORTS 6 OCT KEELUNG.604 words
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Advertisement523 1990-10-01 43 1* PERINTIS LINE I;' ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PONTIANAK* TANTO SEJATI 25 03/10 06/10 DERAJAT 905 06/10 09/10 TANTO SEJATI OFF-HIRED TANTO UTAMA 109 02/10 05/10 TANTO UTAMA 111 09/10 12/10 TANTO UTAMA 113 16/10 19/10 PRASETIA P23 02/10 06/10 PRASETIA523 words
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Advertisement486 1990-10-01 43 M* mbp '1 7/10 KEELUNG/KAOHSIUNG 6/10 BANGKOK 6/10 MANILA/CEBU > Z 6/10 JAKARTA/BELAWAN/SURABAYA Z 5/10 PORT KELANG/PENANG/E. Malaysia 5/10 BUSAN 5/10 TOKYO/YOKO/KOBE/NGO/OSA 3/10 HONG KONG also accepting cargo to HuanflNi/Shenzhen/Fuaiou/ Xiamen/Xingang/Shanghai Mvmn/m T T 0 6/10 LDN/FLX/LVP/SOU 6/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ H Hungary/Roumania/Potend/Bulgana/Czech. 81 ttA/uumA 6/10486 words
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Page 44 Advertisements
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Advertisement487 1990-10-01 44 '■gp w CB SHIPPING fW) MARINE SERVICES north queenslanp/papua new guinea services CONTAMBI/ICL/BftEAKBULM "ANKE" SERVICE SPE LAE MISIMA T'VILLE V.IBSB 26/10 5/11 9/11 M/U BUNKER SURCHARGE EFFECTIVE 1/S/90 TEU USO2S 50 B/BULK USD 2.30 LCL USD 1.50 SUBJECT REVIEW MMOKS ACCEPTED FOR BUT MUUTM M HtW ■mi" PLATOU PACIFIC I487 words
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Advertisement620 1990-10-01 44 VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERStN TRIESTE K.V.U. V 18CW90 5/10/90 27/10/90 29/10/90 3/11/90 KM. V.lB-90W 15/10/90 10/11/90 1/11/90 5/11/90 K.V.T. V.20CW90 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 BA. V2/CW9O 5/11/90 27/11/90 28/11/90 3/12/90 ALSO ACCEPTING CARGO FOR MIL ANO l ASPEZIA PROVAGUO BARCELONA620 words
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Advertisement280 1990-10-01 44 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNfi/KAOH 04/10 07/10 11/10 14/10 HONG KONG 04/10 08/10 12/10 16/10 BUSAN 04/10 10/10 20/10 2S/10 BANGKOK Q7/i6 14/10 21/10 21/10 MANILA 04/10 U/10 24/10 03/11 us.a 06/10 u/io ayio 27/10 KYC LINE (8) PTE LTD., 15S, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 0106280 words
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Advertisement595 1990-10-01 44 I JSSF OCE/inSERUICE rLCL/FCL SERVICE TO/FROM J^Hr fpjO KL: allied-LINK SINGAPORE: /^H^y m 04-*****2 09-*****55 778 6522(22 LINES) SEW; Marina Of>fl Susan Ng/Chrlattna CMaw Dotty Mlrpurt/Eathar Yap rT. MANILA ETA J VICOUO PACIFIC 17WB 3/10 I ——■*——li »ltOU» PACIFIC I«W> 1 13(10 a BANGKOK 7/10 14/10 BUSAH 5/10 13/10 HOW6KOW6595 words
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Page 45 Miscellaneous
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Miscellaneous426 1990-10-01 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI 0000 0100 0200 0300 o*oo 0500 0(*****0 (NOO ***************013M*****5001(00ITUIIM IS* 2*l 2110 22W 2300 ft 1.6 13 09 0.7 0.7 03 1.1 15 1.9 23 22 2.1 13 1.5 13 LI 13 13 16 2.0 15 2.7 16 2.4 PP 16426 words
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Advertisement294 1990-10-01 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 15/10 TONG HENG 02/90 30/09 12/10 SPRING STAR 09/90 06/10 17/10 For Enquires Call CALVIN HO I n!l\ HtAP HOE SHFPMG ENTERPRISE I Vjljf J TEL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG PT.294 words
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Advertisement715 1990-10-01 46 HYUNDAI MERCHAKT MATONE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LW OAK SEA HKC SIN HYUNDAI PIONEER 3SE 29/09 MAO 22/10 24/10 27/10 26/10 HYUNDAI COMMANOCR 1* Jffl WS Sffl 27/01 7/10 LALANDIA 3SE 6/10 11/10 29/10715 words
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Advertisement494 1990-10-01 46 CHARTPOINT Every Saturday in Business Times I UK/CONTINENT (TRIO) C KX- ISROtE IrTOH H BURC B'HAYEN R'DAM LIN H^_t| mtsuraq <n» w om an» nm *n» V UJ M >y»n<iw*i« chc soo Pmmomks Ja a? lm ajS w *.«u«R»«««-~.~o*m KomooN MT w& ail W W *11 UM MEDITERRANEAN (MED CLUB)*494 words
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