The Business Times, 3 October 1990

Microfilm: NL17117
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday October 3 1990 75*
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  • NEWS & MARKETS
    • Article
      World Bank to discuss resuming loans to Iran
      48 1 THE WORLD BANK is sending a delegation to Iran to discuss providing its first loan to Teheran since the 1979 Islamic revolution. Iran's Economy and Finance Minister Mohsen Nourbakhsh said yesterday that the delegation would arrive in a few days.
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    • Article
      Swedish search
      30 1 THE HIGH COST of entering the Singapore property market has not deterred Swedish group Reinhold from opening a local office to seek investment or development opportunities Page 2
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    • Article
      Trade scouts coming
      31 1 TRADE teams from at least three continents will be arriving next week to pitch for local investors' funds and explore avenues for increased trade with Singapore. Page 2
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    • Article
      Laos plan reforms
      23 1 LAOS will introduce a document soon to institutionalise a market economy while maintaining its present one-party political system Page 7
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    • Article
      Clothing tie-ups
      31 1 CLOTHING makers from Thailand and Laos have formed joint ventures to set up factories that will benefit from Laos' free export quotas to the US and EC Page 7
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    • Article
      Credit easing likely
      31 1 ECONOMISTS are expecting the Bank of Japan to ease credit next fiscal year if the Tokyo stock market plunge results in a slump in capital spending Page 8
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    • Article
      Funds for Moscow
      22 1 FOLLOWING the establishment of formal ties, Seoul is planning to offer Moscow a US$2.5 billion credit line Page 8
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    • Article
      Awful quarter
      32 1 THE world's major stock markets ended the month of September with their worst quarter since 1974, having been battered by rising oil prices and a weakening global economy Page 10
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    • Article
      Heineken's hopes
      13 1 BEER MAGNATE Freddy Heineken's out to brew some music Page 17
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    • Article
      PCL expanding
      21 1 PACIFIC Carriers Ltd is expanding its international operations through tie-ups in South-east Asia and Europe. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow up
      47 1 WALL STREET stocks continued their broad advance early yesterday as oil prices resumed their slide. The Dow Jones Industrial Average was up 16.09 to 2,531.93 after one hour of trading. Volume on the NYSE came to 41.06 million shares in the first half-hour of trading.
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    • Article
      Footsie up
      45 1 LONDON share prices were sharply higher at midday yesterday but off their best levels after an early rally failed to pick up significant support from institutional investors. At about 1100 GMT, the Financial Times-Stock Exchange 100-share index was up 30.7 points at 2,061.5.
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    • Article
      Qume poser
      16 1 TO QUME or not to Qume that's the question Wearnes must answer Page 3
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    • Article
      M Credit question
      17 1 WILL THERE or won't there be a takeover bid for Malayan Credit? Page 3
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    • Article
      Nikkei trading record
      14 1 TRADING in Nikkei futures has soared to new record Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 575.48 19.84 Kuala Lumpur ....475.83 +16.75 Hongkong 2,791.26 30.44 Tokyo 22,898.41 +2,676.55 Sydney 1,406.1 +19.9 Monday Change New York 2,515.84 +63.36 London 2,030.8 40.6
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    • Article
      CURRENCIES
      21 1 Exchange rates US$ SS 1.7595 Yen SSI.2862 MS SS0.65I9 Money market rates Overnight 5 1/2% -I 1/4 3-month ...6-9/16% unch
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    • Article
      COMMODITIES
      31 1 London Gold PM fix US$387.85 -US$8.45 sSSoct.... »55.25«/kg -1.25 NTsiaOct 238.50*/kg -1.50 KLTI Turnover l85tonnes +117 Spot M$l6.58/kg +0.32 Crado palm oil Turnover 607 lols -2U Oct M$662 /tonne -3.00
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  • Article
    Joint S'pore bid for HK phone deal
    447 1  -  Telecom and Steamers face competition from six world giants By Dexter Lee, Catherine Ong SINGAPORE TELECOM and Steamers Maritime are jointly vying for a HK$3OO million cordless telephone project in Hongkong, with six of the world's largest telecommunications firms ranged against them. The
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  • Article, Illustration
    Lock icon Bush begins campaign for painful budget plan
    271 1 AP PRESIDENT George Bush and congressional leaders of both parties began the tough election-year task of selling their US$5OO billion deficitreduction compromise to wary rank-and-file lawmakers on Monday. Republicans in the House of Representatives emerged on Monday as the biggest threat to the
    AP  -  271 words
  • Article
    Lock icon Iraq to deliver rewritten speech to UN today
    435 1 The Gulf Crisis Agencies IRAQ was apparently reworking a speech to the UN General Assembly after abruptly cancelling it on Monday night, hours after President George Bush suggested that an Iraqi withdrawal from Kuwait could open the door to peace throughout the
    Agencies  -  435 words
  • Article
    Tokyo rally boosts regional markets
    226 1 AFTER five consecutive days of severe losses, the Tokyo stock market rebounded with a vengeance, taking the rest of the region's equity markets with it. Following Monday's news that the Japanese authorities would support share prices, the key 225-share Nikkei Index surged 2,676.55 points, or
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  • Article
    Market rebound brings joy to UIC and PSC
    445 1  -  Rights issue, new share offer oversubscribed By Genevieve Cua, Magdalene Ng THANKS to the sharp rebound in major stock markets yesterday, United Industrial Corp's (UIC) rights issue and Provision Suppliers Corp's (PSC) new share offer have been more than fully subscribed by
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  • Article
    Lock icon Thai Cabinet fails to resolve feuding
    155 1 Reuter THE THAI Cabinet yesterday failed to end a triangular feud, involving Prime Minister Chatichai Choonhavan and his two most powerful ministers, which officials said may be resolved only by another reshuffle or an election. The Cabinet delayed for one week a decision on
    Reuter  -  155 words
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      214 1 vafi/cuick jk International Bldg 737 5342 Wisma Atria Tel: 235 5325 Plaza Singapura >■ i V Tel: 336 3429 jt York Hotel V iy,ELWANi Arcraft Schedule 27 Money Market 25 World Stock Markets 24 Commodrties 26 Regional News 7 Cryptic Crossword 27 Regional Stock Markets 23 Atonal 10 SES 18,
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      Page 1 Advertisements Column 2
      21 1 Windfall for M'sia, Back Page US$2 billion loss for Philippines, Pg 7 Withdraw and save face. Bush tells Saddam, Pg 12
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      Page 1 Advertisements Column 3
      13 1 Too little, too late, Pg 12 Most taxing on Mr Average, Pg 12
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      Page 1 Advertisements Column 4
      74 1 jjtj^* /Ami Aoit PEMTAX L— With the most advanced pair of auto focus zoom cameras. The super slim compact zoom with a full range of automatic functions from focus exposure handling and flash discharge functions. An unrivalled compact zoom camera with great features such as multi-exposure, interval and bulb timer,
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Diamond centre to be set up
        51 2 THE Antwerp Diamond Council of Belgium will set up an office and training centre in Singapore to oversee its activities in South-east Asia. Council president Abraham Fischler said details of the plans, which will include facilities to grade and certify diamonds, are being worked
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      • Article
        Demand for taxis likely to fall
        86 2 NTUC Comfort is expecting a 5 per cent drop in the demand for taxis, following fare increases which will take effect on Oct 20. NTUC Comfort told the Consumers' Association of Singapore that, with the new fares, drivers can expect to collect $327 more
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      • Article
        Broadcasting agreement
        66 2 A MEMORANDUM of understanding on cooperation in broadcasting will be signed by Singapore and Brunei later this week. The agreement will be signed by Pehin Dato Haji Isa, special adviser to Brunei's Sultan and Yang Di-Pertuan and Minister for Home Affairs, and Dr Yeo Ning Hong, Minister for
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      • Article
        Talk on German unity
        45 2 A LECTURE on German unity will be held at the National University of Singapore tomorrow. Professor Thomas Oppermann, public law professor, will speak at the lecture which is organised by NUS Faculty of Arts and Social Sciences and the German embassy.
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    • Article
      Chubb awarded OHQ status
      285 2  -  By Diana Oon MAJOR United States insurer CHUBB Corporation has become the eighth firm this year to be awarded Operational Headquarters (OHQ) status. Its wholly-owned affiliate Chubb Pacific Underwriting Management Services Pte Ltd (Chubb), which received the OHQ status from the Monetary Authority of Singapore, will
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    • Article, Illustration
      Swedish property group keen to build here
      286 2  -  By Lee Han Shih DESPITE the high cost of entering the Singapore property market, Swedish group Reinhold has opened an office here to look for investment or development opportunities. Working out of a Hongkong regional office, the huge company it has 15 subsidiaries,
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    • Article, Illustration
      Trading views and gifts
      68 2 SINGAPORE parliamentarians yesterday exchanged views on Thai-Singapore relations and the parliamentary systems of the two countries with members of the Thai House of Representatives 1 Armed Forces Committee. The Singapore of the Group Parliamentary Committee (Defence and Foreign Affairs), were led by Mr Chandra Das (right),
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    • Article
      Next week, all roads lead to Singapore
      435 2  -  By Schutz Lee KEY businessmen and government officials from at least three continents will be in Singapore next week to pitch for local investors' funds and explore avenues for increased trade with Singapore. For four days from next Tuesday, Singapore will play host
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    • Article
      Provide one-stop building service
      208 2 BUILDING SERVICES experts should provide a onestop service for their clients, says Lee Yiok Seng, Senior Parliamentary Secretary for National Development. They should give advice to clients on how to increase office productivity through better choice of designs and equipment, how to reduce energy consumption, and
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      KL exchange sets target of 300 active firms
      411 3  -  From William Chia in KUALA LUMPUR THE Kuala Lumpur Stock Exchange, which has a total of 250 active companies, hopes to boost the number to 300 as soon as possible, said executive chairman Nik Mohd Din bin Datuk Nik Yusoff yesterday. But
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    • Article
      Dr M urges broking firms to upgrade
      312 3  -  From Lilian Ang in KUALA LUMPUR MALAYSIA'S Prime Minister Datuk Seri Dr Mahathir Mohamad yesterday urged stockbroking firms to upgrade their financial capability in order to meet the challenges ahead. He said Malaysian firms should compete in the international market in the years
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    • Article
      Teo family and Ong Beng Seng's group each a whisker away from M Credit bid
      448 3  -  By Conrad Raj THE Teo family and Ong Beng Seng of Hotel Properties are now within a hair's breadth of making a bid for local property giant Malayan Credit Ltd. But both parties seem reluctant
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    • Article
      Wearnes must explain Qume saga
      681 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih EVENTS surrounding the aborted takeover of Qume Corp of America by a partnership led by Wearne Brothers are reminiscent of a deal involving Singapore Land and the minority shareholders of Gateway Land some 18 months ago.
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    • Article
      Securities dealer sentenced to 3½ years' jail
      349 3  -  By Magdalene Ng WONG BARK HOE, a securities dealer charged with misappropriating about $650,000, yesterday pleaded guilty and was sentenced to 3Vi years in jail. In court yesterday afternoon, the Commercial Affairs Department (CAD) charged Wong, 35, a dealer's representative of Tsang Ong
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    • COMPANY BRIEFS
      • Article
        Singatronics to invest $5m in Batam plant
        71 3 SINGATRONICS LTD is investing between $4 million and $5 million in a manufacturing facility at the Batam Industrial Park to make consumer and industrial electronic products as well as to assemble printed circuit boards. It is scheduled to start operations by the third
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      • Article
        Wearnes confirms BT report
        33 3 WEARNE BROTHERS yesterday confirmed a BT report that the proposed acquisition of US-based Nasdaq stock Qume Corporation had been terminated as a number of conditions had not been fulfilled.
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      • Article
        Lim Kah Ngam's stake cut
        71 3 FOLLOWING the private placement of 10 million new Lim Kah Ngam shares which raised its paid-up capital to 110.52 million shares (price unknown), Lim Kah Ngam (Investment) Pte Ltd's stake in the listed company has been reduced to 41.15 per cent from 45.25 per cent
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      • Article
        Sin Heng Chan incurs losses
        58 3 SIN HENG CHAN (Malaya) Bhd has reported a group pre-tax loss of Msl.oB million for the six months ended June 30, 1990 against a pre-tax profit of M 5805,000 previously. The company said group turnover fell 6.1 per cent to M 584.52 million from M
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      • Article
        Telephone connection
        46 3 PENGKALEN HOLDINGS BHD may enter into joint venture agreements with foreign companies to make telephones and other items for export. Chairman Datuk Haji Mohamed Ali Tan said in the diversified group's 1989-90 annual report that Pengkalen was now evaluating the viability of these projects.
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    • Article
      S'pore and HK offer best bargain buys
      295 3 AMIDST declining stock markets world-wide, Singapore and Hongkong offer the best opportunities for bargain buys, according to an international investment management company. In a report released yesterday, Templeton International a Singapore and London listed investment company picked the two economies as presenting the
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      Page 3 Advertisements Column 1
      146 3 "Take me away from all of this." To take over or not to take over; that was the question. And the reason why every company report since 1869 w-as on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right now.''
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Marubeni unit in Hungary
        65 4 JAPAN'S Marubeni Corp will launch a wholly-owned subsidiary on Jan 1, 1991 in Budapest, Hungary, to sell products made by Fuji Photo Film Co Ltd of Japan. Fujifilm Hungary Co Ltd will be capitalised at 3.2 million forint. It will import and sell Fuji-made film, cameras
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      • Article
        Daiwa Sec for Vienna
        51 4 DAIWA Securities Co Ltd will open a representative office in Vienna on Oct 4 to seek and develop new business opportunities in Eastern and Western Europe. The new Vienna operation will bring the number of Daiwa s European offices to 14, for a total of 31
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      • Article
        Weeks' loss hits A$616.6m
        65 4 WEEKS Petroleum, a 96 per cent-owned subsidiary of Bell Resources, has reported a provisional net loss of A 5616.60 million for the year ending June 30. It expects the result to improve after its parent company completes its joint venture purchase of Bond Brewing Holdings. Directors
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      • Article
        News Corp can't explain
        63 4 RUPERT Murdoch's News Corp Ltd said it was unable to explain the recent plunge in its share price which has wiped about As62o million off the media giant's market value in the past week. Company secretary Keith Brodie told the Australian Stock Exchange that News Corp
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    • Article, Illustration
      Lock icon Apple and Sony holding talks on expanding ties
      283 4 AP APPLE COMPUTER and Sony Corp are discussing ways to expand their business ties, a move analysts expect will lead to a strong alliance between the two divergent high-tech companies. Officials from the two firms, however, refused yesterday to confirm reports that
      AP  -  283 words
    • Article
      Cheung Wall to step up fabric printing
      339 4 DESPITE market fears of a depressed dye-works sector, Cheung Wah Development Co plans to upgrade its monthly fabric printing capacity to more than two million yards, the South China Morning Post reported on Monday. Chairman Lawrence Yu said the company will buy a
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    • Article
      HK company to build Viet hotel
      250 4 A HONGKONG engineering firm has plans to develop a US$45 million hotel with the Saigon Tourist Service Corp in Ho Chi Minh City, according to the South China Morning Post. China and International's managing director, Kenneth Atkinson, said in Hongkong last Thursday that the
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    • Article
      Lock icon Painful lesson for Jakarta exchange as shares fall
      511 4 AFP THE JAKARTA Stock Exchange (JSE), mostly buoyant since its deregulation nearly two years ago, has discovered the downside of the free market system. The exchange's index plummeted nearly 20 per cent in September, falling below the psychological barrier of 500 last
      AFP  -  511 words
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      599 4 GOOD IDEAS KEEP COMING UP Expiring software, m Increasing functions.^ Wl Business Cards Dictionary Cards xfPjiH t W/1 3-Dimensional Spreadsheet Thesaurus/Dictionary Time Expense Manager English to •Money Planner English to German Dictionary Business Finance En^h t0 Chinese >/ Database Memo nl €C a 128 KB RAM Card Cards Box Jockey
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Polly Peck dropped from London's FTSE index
      545 5 Reuter LONDON'S International Stock Exchange steering committee said it has removed fruit-to-electronic group Polly Peck International pic from the FTSE 100 share index with effect from the close of business from Monday. It said the decision was taken due to the continued suspension
      Reuter  -  545 words
    • Article, Illustration
      Lock icon MCA chief now more open to sale idea
      631 5 NYT SEVERAL YEARS AGO, an investment banker trying to sell the idea of a management buyout of MCA Inc went to see Lew Wassermari, chairman of the US$3.5 billion entertainment company. As the story goes, the slight, white-haired Mr Wasserman listened attentively
      NYT  -  631 words
    • Article
      Lock icon Renault submits details of Skoda bid to Czech authorities
      243 5 Reuter DETAILS of an offer by French car firm Regie Nationale des Usines Renault to buy a stake in Czech car manufacturer Automobilove Zavody NP (AZNP) were submitted to the Czech authorities last week, Renault chairman Raymond Levy told a press
      Reuter  -  243 words
    • COMPANY BRIEFS
      • Article
        Donohue still part of Maxwell after sale
        129 5 MAXWELL COMMUNICATION Corp will seU its 27 per cent stake in Quebec-based Donohue Inc to the Mirror Group, another company controlled by the Maxwell empire, Donohue chairman Charles Albert Poissant said in Montreal on Monday. A newspaper had earlier reported that Maxwell would
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      • Article
        Petro-Canada to be privatised
        74 5 CANADA'S Conservative government has introduced legislation that would privatise the state-owned oil company PetroCanada. As previously announced, Canada will limit foreign ownership of Petro-Canada to 25 per cent and no one individual will be permitted to own more than 10 per cent of the publicly held
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      • Article
        ITT unit plans expansion
        82 5 INTERNATIONAL TELEPHONE and Telegraph unit ITT Sheraton's Asia-Pacific division said in Boston on Monday that it expects to open more than 25 properties in Asia and the Pacific in the next five to 10 years. The company said 20 of these will be based in Asia
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      • Article
        TSA outlines new rules
        124 5 THE SECURITIES ASSOCIATION (TSA), a UK regulatory body covering the securities industry has published a consultative document on its new conduct of business rules. The TSA said on Monday that the document aims to create a simpler and shorter rule book, designed to make London a
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      • Article
        Motorola wins Indon deal
        92 5 MOTOROLA Inc said in Illinois on Monday that its radiotelephone systems group has been selected by Perumtel, the Indonesian Post and Telecommunications Ministry's national telephone company, as the supplier of a country-wide cellular radio-telephone network. The system will cover the metropolitan area of Jakarta and the
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  • Page 5 Advertisements
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      131 5 K Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail outlet Known to be the largest single watch boutique in Singapore, Thong Miap believes in the quality and consistency of high customer service. No one offers better service than we do because we really
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Banks will be in trouble if TSE falls further
        89 6 JAPANESE banks could face further difficulties in meeting capital adequacy standards set by the Bank for International Settlements (BIS) if the Tokyo stock market's decline continues, Taizo Hashida, chairman of the Japan Bankers' Association told a news conference. Tokyo stocks rebounded
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      • Article
        Left-handed cheque books
        68 6 WHAT do you give a left-handed person who has nearly everything? A left-handed cheque book. Australia's Bank of Melbourne has started issuing left-handed cheque books, the bank's chief executive said yesterday. Christoper Stewart said he estimated about 30 per cent of the bank's 800,00 customers were left-handed.
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      • Article
        Time not ripe for easier policy
        66 6 THE Swiss National Bank (SNB) considers the time is not yet ripe to ease its restrictive monetary policy, vice president Hans Meyer said. He told a young entrepreneurs' society "the restoration of overall economic stability remains the central aim of economic policy. For the
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      • Article
        AmBase sets sales terms
        53 6 AMBASE Corp said the agreement for the sale of its Home Insurance Co subsidiary calls for Ambase to receive US$5O7 million in cash, for the buyer to assume US$l7B million of debt, and for the leaving in place of US$2B5 million of Home's U552.95 Series A
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    • Article
      HK banking team to recce Shanghai
      409 6 A HONGKONG banking delegation plans to visit Shanghai in November to look into opportunities there, the South China Morning Post has reported. "The exact date of the visit has not yet been finalised, but we have had a very positive response from the Shanghai
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    • Article, Illustration
      Swiss Bank expects to weigh in with $2 m profits this year
      402 6  -  By Diana Oon THE SWISS BANK Corporation (SBC) Singapore expects to see profits this year matching the 1989 figure of $25 million, with much of the income coming from its lucrative treasury operations. At a press conference on
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    • Article
      Tokyo approves Citicorp's securities offer
      219 6 CITICORP has been given approval by Japan's finance ministry to offer its assetbacked securities in Japan. The Asian Wall Street Journal reported yesterday that the ministry will allow Citicorp to retail US$25 billion of its paper in Japan through its own securities operation in Tokyo
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    • Article
      Volume on Simex shoots up by 30pc
      221 6  -  By David Chew TRADING volume at the Singapore International Monetary Exchange (Simex) in the third quarter of this year increased to 1,704,980 contracts, a 30-per-cent increase over the 1,311,463 contracts tnded in the equivalent period last year. The 536,616 contracts traded last month
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      377 6 v Making Networks Work fior tj| Definitely not to be missed Singapore's most corhprehensive networking event Especially if you're setting up your first LAN, or extending it; if you want your multi-vendor computers talk to each other and if you need to build a corporate-wide backbone network. You'll find all
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  • Page 6 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon Laos to switch to market economy
      365 7 AFP COMMUNIST Laos is to have a Constitution soon that will make market forces the cornerstone of economic planning. The document will institutionalise a market economy while maintaining the present one-party political system, Laotian officials said in Vientiane yesterday. The draft of the Constitution
      AFP  -  365 words
    • Article
      Thais in Laotian garment ventures to enjoy free export quotas
      276 7 SEVERAL Thai clothing manufacturers have formed joint ventures with Laos to set up garment factories that will benefit from Laos' free export quotas to the United States and European Community, reported the Bangkok Post on Monday. Vientiane Municipality Tailoring Import-Export
      276 words
    • Article
      Philippine economy suffers US$2b loss in wake of Gulf crisis
      363 7  -  By David Chew THE OIL price spiral and the dislocation of Filipino contract workers in the Middle East, caused by the Gulf crisis, has cost the economy US$l billion to US$2 billion so far, says a visiting senator from the
      363 words
    • Article
      Manila's threats to suspend debt payments unsettle creditors
      367 7 FOREIGN creditors are concerned by the Philippines* yawning budget deficit and threats by the nation's legislators to unilaterally suspend foreign debt payments. Finance Secretary Jesus Estanislao said that such a development threatened attempts to secure debt relief and fresh loans from commercial
      367 words
    • NOTE BOOK
      • Article
        Brisk time for M'sian manufacturing sector
        97 7 SALES of S6 industries in the Malaysian manufacturing sector in the first seven months of this year amounted to M 535.70 billion, up 15.6 per cent from M 530.89 billion in the same period last year. The Statistics Department, in its July monthly manufacturing
        97 words
      • Article
        KL confident about Labuan
        71 7 MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin said yesterday the government was confident that Labuan would be able to compete with other international offshore financial centres because of its favourable conditions. Labuan's success as a financial centre would help speed the country's development despite the effects
        71 words
      • Article
        Reforms needed, Manila told
        79 7 UNITED STATES President George Bush's special envoy Elliot Richardson has urged the Philippines to deregulate its economy and implement other reforms if it hoped to attract foreign investment, the US embassy said in Manila yesterday. "The most probable explanation for the fact that the Philippines is
        79 words
      • Article
        NZ govt regaining support
        100 7 NEW ZEALAND'S ruling Labour Party has dramatically cut into the opposition National Party's lead in the polls, according to findings broadcast yesterday. The general election is on Oct 27 and all year, Labour has been up to 20 percentage points behind National in various polls. But
        100 words
      • Article
        Copyright protection
        55 7 MALAYSIA became a member of the Berne Convention, which offers copyright protection, with the coming into force of the Copyright (Amendment) Act 1990 on Monday, said a Malaysian Trade and Industry Ministry statement yesterday. As a member of the convention, copyright works produced in Malaysia will enjoy copyright
        55 words
      • Article
        HK sees higher retail sales
        97 7 THE value of Hongkong's retail sales in July rose 16 per cent over the same month last year to HK59.82 billion, provisional Census and Statistics Department figures show. Sales by volume increased by 9 per cent. While the rise is partly due to a low
        97 words
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      202 7 Hf I mi MINIMUM EFFORT, MAXIMUM RETURNS. ffi+S igj At One Ampang Avenue you're assured of an investment that yields high rental returns with the least personal supervision. J W p* Through our special incentive packages. Like fitting out the apartment for rental purposes, including home renovation 5Eg H* H
      202 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        New US policy on bank deposit insurance
        99 8 US GOVERNMENT bank regulators have announced a new policy extending deposit insurance to US$3OO billion kept in overseas branches of American banks, the Washington Post reported yesterday. The Federal Deposit Insurance Corp (FDIQ, in a letter written last week by its director of
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      • Article
        Pyongyang, Hanoi sign pact
        60 8 NORTH KOREA and Vietnam have signed an agreement on economic, scientific and technological cooperation. The official Korean Central News Agency (KCNA) said yesterday that the agreement was signed by North Korean Machine Industry Minister Kye Hyong Sun and Vietnamese Minister of Heavy Industry Tran Lum in
        60 words
      • Article
        Japan's jobless rate unchanged
        80 8 JAPAN'S seasonally adjusted jobless rate stood at 2.1 per cent m August, unchanged from the previous month. The Japanese Management and Coordination Agenqr announced yesterday that the number of unemployed in August totalled 1.29 million, comprising 720,000 men and 570,000 women, a decline of 100,000 from
        80 words
      • Article
        Big Mac costs more in Moscow
        83 8 FEASTING on a Big Mac is going to take even a bigger bite out of Soviet wallets. McDonald's had nearly doubled the price of the two-patty hamburger in Moscow, where a meal at the restaurant had become "practically unaffordable for the average Soviet citizen",
        83 words
      • Article
        HK emigrant plan for Hungary
        103 8 AT LEAST 10 differentagencies have told Hungarian authorities that they are prepared to represent the interests of emigrants from Hongkong, and have promised to attract 1,000 to 50,000 residents of the British colony if immigration laws are eased." The newest of these companies, Lenia-Wawel pic,
        103 words
      • Article
        Cash for taking over factories
        68 8 TREUHANDANSTALT, the agency set up to privatise East German industry, could in some cases pay investors to take over East German firms. Jens Odewald, chairman of Treuhand's supervisory board, explained in a German newspaper interview published on Monday, "If we discover restructuring or liquidation would
        68 words
    • Article
      Lock icon Market slide may force BOJ to ease credit
      467 8 Analysts believe this may stem the stock market plunge Reuter THE BANK of Japan (BOJ) may be forced to ease credit next fiscal year if the Tokyo stock market plunge results in a slump in capital spending, economists say. The BOJ has
      Reuter  -  467 words
    • Article
      Lock icon China and Taiwan gulf hard to bridge
      297 8 Reuter THE GERMANYS are unifying, the Koreas are at least on speaking terms does this mean that Taiwan and China, bitter rivals since 1949, are next for the thaw? Most analysts say the two claimants to China's government will remain frozen in Cold
      Reuter  -  297 words
    • Article, Illustration
      Lock icon The face of enterprise
      32 8 Wearing a gas-mask, a souvenir seller at the west side of the Brandenburg Gate in Berlin tries to sell military-style caps to Berlin tourists. Reuter picture Reuter picture
      Reuter picture  -  32 words
    • Article
      Lock icon US troops: Japan to pay more earlier
      296 8 NYT JAPAN plans to increase its share of the costs of US forces stationed in Japan in fiscal 1991, a year earlier than previously planned, according to a high-ranking government official. The announcement on Monday came after Prime Minister Toshiki Kaifu promised US
      NYT  -  296 words
    • Article
      Lock icon Seoul offers Soviets US$2.5b credit
      410 8 AFP SOUTH KOREA plans to offer Moscow a USj2.5 billion credit line while encouraging its industry to undertake developments and other investments in the Soviet Union now that the two countries have established formal ties, press reports quoting officials said in Seoul yesterday. Soviet Foreign
      AFP  -  410 words
    • Article
      Lock icon Drop in UK Aug sales confirms weak economy
      267 8 Reuter A REVISED 2 per cent drop in the volume of UK retail sales in August is further confirmation that domestic demand in Britain is very weak, economists say. However, the Treasury said in a statement that more evidence of a slowdown
      Reuter  -  267 words
    • Article
      Pent-up demand seen as a vast goldmine
      467 8  -  A German economist tells Hong Lee Tiam why unification should spell big business in the East for smart investors Hong Lee Tiam WITH the controlled economy of the German Democratic Republic (GDR) officially dissolving into the market economy of a unified Germany today,
      467 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      457 8 It happens to all of us. We find ourselves unable to speak up when we really need to. We remain in the ranks of the "silent majority" the people who are never heard from while others dominate both thinking and action. And we don't always know why. But whatever the
      457 words
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      Page 8 Advertisements Column 2
      302 8 NOTICE C MIK NATTER OF THE COMPARES ACT, CAP. SI mm TMSTARS AESTAUBAIT A ENTERPRISES PTE LTD (In Memtoari' Voluntary Liquidation) At an Extraordinary General Meeting of the Company duty convened and neld at 1 Colombo Court #04-06 Singapore 0617 on the 29th day of September 1990 the following Special
      302 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      185 9 Every Major American Company. Every Small Business. Every One Man Operation. Every Church. Every Airport. Every Hotel. Every Garage. Every Farm. Every Lighthouse. Every Home. '1 jfffn I G® «r Every Working Day. From the heart of America's busiest city to its most remote location. UPS is there. Quite simply,
      185 words
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  • Article
    A celebration of nationhood
    526 10 EDITORIAL What war divided 45 years ago, peace is reuniting today. If the division of Germany was a necessary result of World War 11, it was also an artificial division of a people. In reuniting today, the Germans are reasserting their national logic. There is no
    526 words
  • WHAT THE OTHERS SAY
    • Article
      Continuity amidst change
      229 10 THE MINISTERIAL line-up revealed partially by First Deputy Prime Minister Goh Chok Tong on Sunday emphasised continuity while accepting the need for changes. Mr Goh himself will represent a strong thread of continuity as will the two ministers following him on the protocol list: Mr Lee Kuan
      229 words
    • Article
      A successful formula
      143 10 CONTINUITY was clearly the main theme when Mr Goh Chok Tong announced his two right-hand men to help him run the government. The appointment of BG (Res) Lee Hsien Loong as one of the two Deputy PMs (the other being Mr Ong Teng Cheong) also came as
      143 words
    • Article
      Welcome for new ministry
      142 10 THE NEW Ministry of Information and the Arts is welcome as we need a ministry to coordinate the of disseminating information and educating the public. It must take more positive action in the area of information dissemination overseas. Besides acting when the foreign press carries inaccurate
      142 words
  • REGIONAL VIEWPOINTS
    • Article
      Prepare for more refugees
      196 10 THE BRUTAL invasion of Kuwait by Iraq spawned, as wars usually do, a sudden rush of refugees. Initially they were contained and provided for, but matters are beginning to get out of hand and effective wide-scale international action is needed. Just how bad the situation is
      196 words
    • Article
      A diplomatic force
      156 10 THE PEOPLE'S Republic of China, celebrating its 41st anniversary can be sure that Western moral outrage against its repression of political dissent last year is ebbing not so much for its ameliorating domestic conduct but for its importance as a diplomatic force within the United Nations Security
      156 words
    • Article
      Keeping a close watch
      112 10 TELECOMMUNICATIONS is the first public utility in Malaysia to be privatised. The trauma no less that Telekom Malaysia went through in breaking out from the depths of bureaucracy to become a performance-orientated corporate body has become a textbook example of what to do and not do
      112 words
  • Article, Illustration
    Lock icon Worst quarter for markets since '74
    854 10 Energy prices are rising, economic activity is stagnating and analysts are reluctant to recommend purchases in the face of falling stock prices NYT BATTERED by higher oil prices and a weakening global economy, the world's major stock markets ended the month of September with
    NYT  -  854 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      40 10 DOONESBURY BY GARRY TRUDEAU" OH, f/ THE Ufil, KID, I fTS AN ANTI-CONSERVATION VY/ AND TTTTT) 60T YOU A MEET ON A PITCH CAUED' PEAL FUELPOR HEE.HEE-. B>6 NEW AD CAMPAIGN- REAL CARS.'YOUVBE PON6 h fag i" JUST WISH B.P.
      40 words
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  • ANALYSIS
    • Article
      Malay/Muslim professionals forging a vision
      1099 11  -  A convention to be held this weekend aims to provide the springboard from which future hopes of the Malay community may be launched. Harish Mehta reports Harish Mehta BOLD proposals are being made to depoliticise Mendaki, the council for the development of the Muslim community,
      1,099 words
    • Article, Illustration
      Building more bridges with Asean
      1027 11  -  Canada's External Affairs Minister Joe Clark is taking a unique step in convening a meeting with Asean Foreign Ministers. In an exclusive interview with Paul Gopal, he talks of his vision for greater economic cooperation and the importance of Asean to Canada Paul Gopal, CANADA'S
      1,027 words
    • Article
      Lock icon Australia looking more and more towards Asia
      940 11  -  Sheryl WuDunn on changing perceptions Sheryl WuDunn NYT FOR years, this outpost of Europe behaved like a stand-offish neighbour to the Asian community it lived in. Instead of cultivating ties with the community, it relied on its own natural wealth and its political,
      NYT  -  940 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      106 11 WE INVITE YOU TO PARTICIPATE IN A SPECIAL EVENT. OUR FIRST EVER AND ONLY SALE WITH A Of NUINi REDUCTION TO COST PMCE ON ANTIQUE FURNITURE. BURMESE SILVER INDIAN DOORS AND WOODCARVINGS THESE ANTIQUES MUST BE SOLD TO MAKE WAY FOR NEW STOCK ARRIVALS. ALL ITEMS BEING OFFERED ARE GENUINE
      106 words
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  • FOCUS
    • Article, Illustration
      Lock icon Fed's rate cut will be 'too little, too late'
      543 12 The US Budget With an American budget deficit-cutting plan in the bag, all eyes are now on the US Federal Reserve's response AP THE US Federal Reserve will move quickly to lower interest rates now that negotiators have reached agreement on
      AP  -  543 words
    • Article
      Lock icon Most taxing on Mr Average
      475 12 NYT THE substantial tax increases agreed to by administration and congressional negotiators over the weekend would be paid mostly by people of moderate means, despite various provisions aimed specifically at buyers of yachts and others with six-figure incomes, private specialists said on Monday. The taxes,
      NYT  -  475 words
    • Article, Illustration
      Lock icon An upbeat Bush says it will work out
      254 12 Reuter PRESIDENT George Bush expressed confidence on Monday night that Congress would enact the US Budget pact that includes major tax increases and spending cuts. "It will all work out," Mr Bush told reporters as he headed home from New York. Republicans
      Reuter  -  254 words
    • What it means to certain sectors
      • Article
        Car makers brace for drop in sales
        84 12 FOR THE CAR INDUSTRY, the proposed higherpetrol taxes and excise charges on cars costing more than US$3O,OOO are expected to cut somewhat into sales, especially of cars that burn the most fuel. And the car producers with the most fuel-efficient fleets, notably the
        84 words
      • Article
        More costly to fly
        60 12 THE AIRLINE INDUSTRY responded angrily to the proposed budget package, saying its tax provisions would add US$l.5 billion annually to the industry's costs. Most, but not all, of that amount would be passed on to airline customers. The budget deal raises the tax on passenger tickets
        60 words
      • Article
        Sobering effect
        72 12 THE PLANNED RISE in alcohol taxes may cause a slight drop in sales of beer, but they are likely to have a more severe impact on the already-falling sales of wine and distilled spirits, like scotch and bourbon. The beer tax increase was far lower than the industry
        72 words
      • Article
        Oil output to slow?
        54 12 OIL EXPERTS predicted a modest impact from the 12-cent-a--gallon increase in petrol taxes contained in the deficit-cutting plan. They were less certain about the likely effect of the US$4 billion package of tax incentives for the drilling industry, but most said it could slow the decline
        54 words
      • Article
        The big break
        78 12 MOST SMALL BUSINESSES would benefit from the tax breaks for entrepreneurial companies included in the proposed budget agreement, but service concerns that created so many American jobs during the 1980s would be left out The key small-business proposal in the budget accord would allow individual taxpayers to
        78 words
      • Article
        Defence okay for now
        67 12 THE DEFENCE INDUSTRY would fare better than had been expected in the government's budget-cutting proposals at least better than was expected before Iraq's invasion of Kuwait, when talk was of cutting military budgets. But with the legislative horsetrading of the budget process still unfolding, the Pentagon
        67 words
      • Article
        Hurting farmers
        78 12 CUTTING US$l3 BILLION over the next five fiscal years from government payments to farmers the core of US farm policy for more than half a century would hurt hundreds of thousands of farmers, but just how severely the agricultural economy will be affected is unclear. Staff members of
        78 words
    • Article
      Lock icon Withdraw now and save face, Bush tells Saddam
      691 12 The American president is providing a way out, short of war, for Saadam Hussein AP SHOULD Iraqi President Saddam Hussein choose to grab it, there now is a lifeline in the turbulent Gulf waters to pull him free from an ultimate military
      AP  -  691 words
    • Article, Illustration
      Lock icon Far from days of oil crises
      500 12  -  The Gulf Crisis By Hong Lee Tiam THE Gulf crisis will not pack the same power as the oil crunches of 1974-75 and 1979-80, says Dr Zainal Aznam Yusof, adviser to Bank Negara of Malaysia. But a lot depends on the length and intensity
      Reuter picture  -  500 words
    • Article
      America not wavering, says NUS lecturer
      280 12  -  By Kenneth James PRESIDENT George Bush's comment linking an Iraqi withdrawal from Kuwait to a peaceful resolution of the Arab-Israeli conflict is not a weakening of the American stand but an attempt to widen options, an international affairs analyst said yesterday. Mr Bush, in
      280 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      322 13 f Canon A X 1 A ;|S», ;#S v /,-H *"Lr wo■ f»Hoini/ JXv. *VC f Yl > Canon prides itself in producing just one type of for high-performers like these. Reliable, efficient and ;i" w sm_ high volume copier. The workaholic. The type of tough performers. The kind that
      322 words
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  • SPORTS
    • SIDE LINES
      • Article
        Cyclist in stable condition after crash
        94 14 BELGIAN CYCLIST Jos Haex was in stable condition on Monday, recovering from multiple injuries caused by a 50kph crash into a lamp post during last Sunday's Americas Grand Prix World Cup cycle race in Montreal. Haex, who rides for the Lotto team, suffered broken
        94 words
      • Article
        Foyt's health improving
        101 14 INJURED race car driver A J Foyt was listed in good condition in Indianapolis on Monday and was reported recovering well from additional surgery on his left foot. The four-time Indianapolis 500 winner sustained leg and foot injuries on Sep 23 in a crash during a race
        101 words
      • Article
        Showdown between champions
        79 14 ENGLAND'S county cricket champion will face Australia's top state in two showdowns in England next September, the organiser said in London on Monday. The two champions meet first on Sep 22, two days after the end of the English county season, in a 50-over match with £4,000
        79 words
      • Article
        Johnson to leave Celtics
        77 14 DENNIS JOHNSON, a member of three NBA championship teams, has lost his spot on the Boston Celtics as the team makes a push for younger players. The Celtics announced on Monday that Johnson will not return to the team for the upcoming season. Johnson, who played
        77 words
    • Article, Illustration
      Lock icon Arias triumphs in Toulouse
      465 14 Reuter UNSEEDED Jimmy Arias of the US has overpowered Frenchman Thierry Guardiola to advance to the second round of the US$3OO,OOO Toulouse Grand Prix men's tennis tournament. Arias, ranked Slst in the world, struggled back from a first-set loss to beat Guardiola 4-6, 6-4, 6-2 in
      Reuter  -  465 words
    • Article
      Masterful display by Borwick
      389 14  -  Honda Kah Men's Tennis Open By Paul Ramani NEIL BORWICK of Australia served notice of his intention to win the Honda Kah Men's Tennis Open when he defeated Takayoshi Shibuya of Japan 6-3, 6-1 in less than an hour yesterday at the Singapore Island Country Club
      389 words
    • Article, Illustration
      Lock icon Venglos returning home as 'villain'
      424 14 AP JOZEF VENGLOS, who coached Czechoslovakia's national soccer team to a quar-ter-final place in the World Cup finals in July, returns to his homeland today to try to eliminate a Czechoslovak team from a European club competition. In Czechoslovak eyes, Venglos the national hero becomes
      AP  -  424 words
    • Article
      Lock icon Uefa to appeal against court judgement on Heysel disaster
      199 14 AFP THE EUROPEAN Football Union (Uefa) is to challenge a Brussels appeal court judgement which found its former secretary general guilty of negligence in the 1985 Heysel Stadium disaster. Hans Bangerter was given a three-month suspended jail sentence in June for
      AFP  -  199 words
    • Article
      A day of thrills and spills planned on Sentosa
      234 14 WHO DARES WINS that is perhaps the most suitable motto for a unique sporting event to be held on Sentosa on Nov 18. "Martell Challengers 1990", sponsored by Seagram Singapore/Associated Liquor Distributors (S) Pte Ltd and organised by the Singapore Adventurers
      234 words
    • Article
      Lock icon Housebuster to miss Breeders' Cup
      156 14 AP HOUSEBUSTER, the magnificent sprinter and winner of nine graded stakes this year, will miss the Breeders' Cup, ending any chance he had of winning Horse of the Year or the three-year-old championship. An outsider for those two honours anyway, any hopes his handlers had
      AP  -  156 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      390 14 NOTICES IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF HONG LONG ENTERPRISE PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 101-A Upper Cross Street #11-14 People's Park Centre, Singapore 0105 on Saturday, the
      390 words
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      Page 14 Advertisements Column 2
      427 14 In tfie matter of THE COMPANIES ACT, CHAPTER 50 and kitwmaoarol nN ONN PRIVATE LTD (IN VOLUNTARY LIQUIDATION) At in Extraordinary Qminl Meeting of the members of Tin Onn Private Ltd duly convened and held at 100 Eu Tang Sen •Street. #19-02, Pearls Centre. Singapore 0106 on 27 September 1980,
      427 words
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      Page 14 Advertisements Column 3
      40 14 FOR SUCCESSFUL! MAHAGEMENT OF YOUR iftINESS ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. To keep ahead, subscribe to Business Times today. Call Rubina Gan on 730-5843 for details. Business Times
      40 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      101 15 Trust SAS to make flying a dream. until we get there. a full night's sleep. You'll wake up SAS to Europe. We'll be there everyday to Every Wednesday at 2330 hours, Like our two other non-stop flights on fresh and ready for the day make the businessman's dream come true,
      101 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      192 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINEj DINEj Some like it hot j* I B^4Spicv Szechuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szechuan Court. Reservation, 330 8310 or 338 8585 ext *****/6. ikokhi Thi Wistin
      192 words
    • Advertisement
      Page 16 Advertisements Column 2
      448 16 SR?)<" DIANXIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $16.80* per person. Lunch Hours: 11.30 am 2.30pm •Plu> 10% *«vkt chiryr 4% m im HWT REGeCY©SJNGAPOR£ 10-12 Sooro Kiud SnijtJpuv (W22 Tel 7JJIIHH A Rollicking Affair 1 IO 1990 CafaßouUuand You need look no further
      448 words
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      Page 16 Advertisements Column 3
      275 16 SBES2i Introducing GZZSM 3 W--1 mum ir^ Walch the hottest band sizzles with action! It's Subway heat. You wouldn't wanna stop the music! q°°pm//\v Plaza Hotel Steamßoat 'Buffet <t -Cr -Ct Feast on an array of 30 types of buffet tare. Pfck s much as you want from a variety
      275 words
    • Advertisement
      Page 16 Advertisements Column 4
      327 16 J FO,^ E I Amidst Imperial splendour, our chefsPPsf s JM stage their highly-acclaimed performance Kip •Wf 1 endar > Beijing cuisine to the satts- K> Jrl J I (action of demanding dlners To guarantee ipv your place amongst the discerning, make Plan your next function at the Paramount... We'll
      327 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      739 16 television and radio xr 1 •11 My' J 7JO Newt (M). Ml iigliiil M—»(M) mi«NP<»rtii BARK* 1/ trlrlTT Irt I I SBCI2 7.50 Mwi* P.L Little Girt Ul XI Asia fi«M* Sepak DUOlntoa UN MAI/tU IV ***** V K1 I If-*! WhTMagnura'scx-wftsud- Takraw (L). BBC M <1-tbh VW XVlvlVl y
      739 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon He's a brewer of ballads
      1204 17  -  Mike Zwerin listens to beer magnate Freddy Heineken's story about his music venture as well as some awful jokes Mike Zwerin IHT FOR FREDDY ("y not ie and why not?';) Heineken, bad jokes are an art form. More an affirmation of life. He plays "good
      IHT  -  1,204 words
    • Article
      Lock icon Did Russia or Germany start it in 1941?
      1098 17 IHT ON June 22, 1941, at 3:30 in the morning, Germany invaded the Soviet Union over 3 million soldiers of the Wehrmacht attacked along a 2,900-km front that stretched from the Baltic to the Black Sea. For the 4.5 million Soviet defenders,
      IHT  -  1,098 words
    • Article, Illustration
      Alain Delon's 'most expensive woman'
      554 17 IN PARIS, actor Alaia Deloa has revealed himself as a buyer of Modigliani's La Belle Epiciere, for which he paid a record USSI 1.5 million in March. But to finance his half of the painting, which he bought with construction tycoon Francis Boaygaes, he will
      554 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      308 17 AND ENTERTAIN American Classics. Only AtThe Hubertus Grill. AMERICAN MEAT PROMOTION SEPTEMBER TO 18OCTOBER 1980 DINNER. 7PM TO 1030 PM FEATURING AN A LA CARTE MENU dBl ALSO S™**- I o SET DINNER FOR ****** FOR RESERVATIONS. PI .EASE CALL 732 1222 EXT 15H2 -V < ALL PRICES SUBJECT TO
      308 words
    • Advertisement
      Page 17 Advertisements Column 2
      133 17 a $929 Menu for 10. Free quart Martell Cordon Bleu. J KM (Only 5 tables nightly. Advance order* required.) ij i ***** $428 Menu for 10. 1 1 ***** Free quart bottle Chtvac Regal or Martefl VSOP. 1 1 5 saw Menu fort. !;jl SK Free quart Chivas Regal or
      133 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Strong overseas markets give stocks a boost
      4463 18  -  By Qualk Hiang Whai SHARE PRICES on the Singapore stock market rose strongly yesterday following hefty gains on overseas exchanges. Dealers attributed the gains to easing tensions in the Gulf coupled with the lowering of oil prices. They said sweeping fiscal measures introduced
      4,463 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3930 19 Main Board Juroog Ship 30* 480 +62 +14.8% S1A Foreign 1330 60 +4.7% SIA 200 1070 60 5.9% SPH Foreign 810 +55 +7.3% Scmb Shipyard 438 44 +11.2% Ixun 30* 610 40 7.0% DBS Foreign 915 +35 +4.0% OCBC Foreign 715 +35 +5.1% DBS 910
    3,930 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      154 20 I ft ,i« VAAV CmAI i IflflpHj IMW I W> QiMp ml Hwl MniM|l WM mm to pnflt/lNi (L) par share MM CM*) (caste) 8MT Sip 28 Jun 90 $773(1516) 254 2(169 6) 150(100) TteHOan Sap 26 Mar 90 $7,379(15.796) 154(12 2) 5(5) Sat Sport Sep 25 Jim
      154 words
    • Article
      PRELIMINARY RESULTS
      252 20 Tiiii| -j Date Yaar 8raa» pretax Nat aaraiac* Crat* mm to prafll/tou a) Hf star* flvMaad CMC) (Mats) S« View Sep 29 Jan 90 18.107($4,026) 23.8(11.5) 8(5) Say 29 lun 90 $5,092(83,931) 32.3(26.3) 12.5(10) M«Ti Sep 29 kin 90 $16,913(838.378) 5.3(15.6) 16(16) Own I* Sap 28 km 90
      252 words
    • Article
      CORPORATE DEVELOPMENTS
      304 20 Oct 1 taiu shareholders have approved the sate of the a>mpafly sair<onAt> o oers and refrigerators assets to OYL Industries Bhd and OYI Appliances Sdn Bhd tor a total of J9 5m IfliUyrian Mrftws s to lease two akcrafts from the Soviet a»rhne, Aeroftot. The agreement is to
      304 words
    • Article
      DIVIDENDS ANNOUNCED
      1041 20 Carraat Ex Mu Dal* Tatal far TaM far pajpol data daaa payaMa tfca jaar last yaar Aero 5%TE (I) Oct 19 Oct 31 Nov 15 SITE 1MB 15% Sep 14 Sep 28 Oct 27 2.5% 2% MM 10% Sep 21 Oct 5 Not 1 10% 7.5%(a) Mat 7.5%TE(1)
      1,041 words
    • Article
      INTERIM RESULTS
      292 20 Cnmh Ms Half-year 8mp pn-tu latertai mm to prtfll/toM (L) frrtJasd C—) Aom Sep 28 ton 90 *195(13.1011) 5TE(—) MM Hotefa Sep 28 Jm 90 $549($943) Caneway to S«p 28 ton 90 $372($324) GoM Com Sep 28 ton 90 19.321 ($7,742) -<-) Hannuu Sep 28 ton 90 $684($1.798)
      292 words
    • Article
      RESULTS DUE
      326 20 Stafapara Stacks Laat Ml Year Caapml NM Mi 1m M EPS ftaaa M W|w (<<-,) (THI) L«m Hut Mm Mv 30 Dec 5351(1) Mm Ml Menai A* 11 Mv 91 4.0 2.1 3.471(0 fata m Mem 31 Ok 90 05 666 SBS FaM Sep 19 Mi 90 12
      326 words
    • Article
      APPROVED ISSUES
      393 20 Company Issim tedmbM Oiytw Onetor-one M$0 80 per skirt lights ssue of $1.00 aommal amount of S% Redeemable Unsecured Loan Slock 1990/1995 mBi one Transferal* Sutacnpbon ngMs tor nay two eustmg shares held. Ei-date AMI 23 Rnntt Hnf SeO 6 Acceptance t Payment Oct 19 Mac* Ml Five-tor
      393 words
    • Article
      PROPOSED ISSUES
      471 20 Company Rights Issue Meant One-tor No fe MSI 00 per stare Issue of 40m Cumulative Redeemable Preference Stares ot MJ010 each at M$1 per stare ml)i 10n> detachable TS8. Baton One-tor tour 102 00 per stare Cawwaytoi Caprtal reduction scheme to rata* par ntoe of stares tram $1.00
      471 words
    • Article
      BONDS, LOANS & WARRANTS
      631 20 BONDS, LOANS WARRANTS Ctapaqr Caaaata pata CwmhalMhrwatenrMM 5T5 Botore 26/4/93 1 warrart pla >109 eta Caaaany laa CaaoMf M 2/10/» to 20/10/94 1 warrant ptoill a* or 1 warn* ptos $1 mnwni am* tl tea Stock. CtoMB»taa dam Mf K Mi 87Jo 31/12/91 1-55 warm* ptos 11.55 eta Qm Mp
      631 words
    • Article
      COMPANY MEETINGS
      195 20 Nat Steel Ltd: EGM at the Board Room, 3rd Storey, 22 Tanjong Road, Jurong Town, Singapore 2262 on Wednesday, Oct 3, at 10.30 am. Hotel Marco Mo Ltd; EGM at the San Marco Room, Omni Marco Polo Hotel, 247 Tangkn Road, Singapore 1024 on Wednesday, Oct 3, at
      195 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      46 20 Will any Asian country escape the effects of higher oil prices? It's highly unlikely, as we look at how some have been affected so far. >^Pr v -cv *5* f* 7f^ r> -r; »^*^»ss HiflmH e a es news anc muc^more From lunch-time. Monday to Saturday.
      46 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares rebound but close below day's best
      3663 21 Bernama SHARE PRICES in Kuala Lumpur finished higher yesterday, ending a 10-day losing streak, on strong buying spurred by sharp rises in major overseas bourses and lower oil prices. However, most issues ended off the day's peaks on late profit-taking as investors were
      Bernama  -  3,663 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      197 21 BUSINESS TIM E_S TELEPHONE: 730-5937/5902/5942 FAX: 734-49 8:2 II Wc are a top Fortune 500 company with annual sales I turnover of over US $10 billion. Regionally based in Singapore, we manufacture and market brand leaders in 111 countries like Singapore, Malaysia, Hong Kong, Thailand, 111 Taiwan, Korea and Japan.
      197 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei posts record day's gain in history
      2263 22 Reuter TOKYO stocks yesterday soared to close with record gains on cheaper oil prices. The Nikkei Index charted its largest single-day gain in history in both percentage and point terms after the Japanese authorities on Monday revealed steps to support a market that
      Reuter  -  2,263 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Overseas sentiment sparks a rebound
      2273 22 Reuter HONGKONG stocks closed sharply higher in hectic trade yesterday following the gains on Wall Street overnight and the record 13.24 per cent rise on Tokyo's Nikkei Index, brokers said. "Hongkong was primarily reacting to the improved sentiment in New York and in Tokyo," said
      Reuter  -  2,273 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks soar on 'good news'
      • Article
        AUSTRALIA
        1006 23 THE AUSTRALIAN share market posted strong gains by the close yesterday after Tokyo's Nikkei Index soared on the back of lower oil prices and firmer offshore markets. Brokers said agreement on a US Budget pact and the perception that Middle East tensions were easing gave confidence to the New
        1,006 words
      • Article
        INDICES & TURNOVER
        83 23 INDICES TURNOVER ClOM Oct 2 Previous SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1406.1 2086.1 875.2 79.11 1386.2 2040.6 873.2 39.52 19.9 +45.5 2.0 39.59 BANGKOK SET Index Turnover (nearest '000) 704.51 NA 654.39 NA 50.12 JAKARTA Composite Index Turnover (nearest "000) NA NA Closed
        83 words
      • Article
        BANGKOK
        730 23 BANGKOK stocks closed sharply higher yesterday following rallies in New York and Tokyo and on a perception that tensions in the Gulf have eased slightly, brokers said. The SET Index soared 50.12 points to end at 704.51 in thin trade with most bids not finding matching offers. About 80
        730 words
      • Article
        MANILA
        549 23 MANILA shares closed slightly firmer yesterday due to the strong recovery in Tokyo and New York share prices iif the last 24 hours, brokers said. "The rise was really just marginal and the strong recovery of the Dow and the Nikkei helped the market," said Conrad Andres, analyst at
        549 words
      • Article
        NEW ZEALAND
        388 23 LEADING New Zealand share prices closed higher on thin volume yesterday as major world bourses rallied on a fall in oil prices and a perceived easing of tensions in the Gulf. "There is still a fair degree of scepticism among international investors," said John White of Cavill White
        388 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        323 23 Oct I Index In local o «4ay antney year change In S$ day yenr In US$ %4ay year World 334.1 0.6 -28.1 0.5 -30.4 0.8 •24.8 tEAFE 435.9 0.1 -36.0 0.6 -36.1 0.8 •31.0 Europe 360.7 2.7 -20.0 3.3 -16.2 3.6 -9.5 Pacific 688.0 -2.2
        323 words
      • Article
        TAIPEI
        373 23 TAIWAN stocks jumped in early trading yesterday but ended off their highs on profit-taking ahead of today's holiday, dealers said. The Weighted Index gained 33.28 points, or 1.3 per cent, to finish at 2,593.75 compared with Monday's 2,560.47 close. Turnover rose to NT514.12 billion from NT511.66 billion. Dealers said
        373 words
      • Article
        BOMBAY
        41 23 THERE was no trading on the Bombay Stock Exchange on Monday to allow brokers to square up their end-of-the month accounts. The exchange was closed yesterday and will remain dosed today due to national holidays. Trading resumes on October 4.
        41 words
      • Article
        Untitled
        1148 23 Jakarta Rupuh VoKXW) Abda 3750 450 50 Ahap Insurance 4450 Alumindo Perkasa Ulama 6400 400 125 Aqua Golden Missisipi ***** Aster Jawa 3950 Astra Graphia ***** 50 5 Astra Intl Inc ***** 850 775 Asuransi Bintang Ind 7950 Asuransi Dayin Mitra 4500 Asuransi Jiwa Panin ***** Asuransi Ramayana 6600 Bakrie
        1,148 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      24 23 The Sooth Korean market was dosed yesterday. The Jakarta report was mat available. dosing prices for all markets except Taipei are provided by Telerate.
      24 words
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  • WORLD STOCK MARKETS
    • Dow soars on news of budget pact
      • Article, Illustration
        NEW YORK
        976 24 STOCK PRICES rose sharply in heavy trading on Wall Street on Monday as investors reacted to news of a congressional budget deal and oil fell by about US$2.5O a barrel from a 10-year peak. The Dow Jones industrial average rose 63.36 points, or 2.6 per cent, to close
        976 words
      • Article, Illustration
        LONDON
        975 24 LONDON share prices eased back in thin volume from early highs after prof-it-taking emerged by the mid-session yesterday. The market surged at the opening after strong gains in Wall Street and Tokyo and a fall in oil prices. "We didn't see much buying when we went up as, like
        975 words
      • Article
        INDICES & TURNOVER
        86 24 INDICES TURNOVER NEW YORK Cloae Oct 1 Prciow Dow Jones NYSE Financial SAP 500 Turnover (million) 2.515.84 2.452.48 +63.36 113.81 110.78 +3.03 314.94 306.05 8.89 202.21 201.01 +1.20 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,573.0 2.030.8 328.2 1535.7 '+37.3 1990.2 40.6 403.8 -75.60 AMSTERDAM CBS General 170.30 167.60
        86 words
      • Article
        PARIS
        245 24 FRENCH share prices were well below the morning's best levels at midsession yesterday as an early burst of buying spurred by Tokyo's record rise ran into profit-taking from investors worried by the crisis in the Gulf, dealers said. The CAC-40 index was 2.35 per cent higher at 1,577.03 at
        245 words
      • Article
        AMSTERDAM
        303 24 DUTCH STOCKS drifted at higher levels at midafternoon yesterday, holding on to large early gains but bereft of fresh buying interest, dealers said. Prices surged at the opening, buoyed by strong gains in the US and Japanese equities and a drop in oil prices. But upward momentum stalled by
        303 words
      • Article
        TORONTO
        192 24 TORONTO STOCKS closed mixed on Monday after renewed hopes for peace in the Middle East sent oil prices tumbling and weakened oil and gold shares while bolstering most other sectors, dealers said. A US budget pact boosted optimism of a drop in interest rates, they added. The composite index
        192 words
      • Article
        JOHANNESBURG
        356 24 THE JOHANNESBURG stock market was mixed to firmer at noon yesterday after its recent losses. But uncertainty continued to overhang the market, dealers said, noting that trading remained very thin and cautious. Gold shares showed only mild response to another sharp slide in world bullion prices to below US$39O
        356 words
      • Article
        FRANKFURT
        217 24 GERMAN SHARES ended the official bourse session 1.7 per cent firmer yesterday, but below the sharply higher levels seen early in the day, as oitiers tailed off before today's Unification Day holiday. Concern about entering the one-day holiday with open positions replaced the euphoria about unification, which had helped
        217 words
      • Article
        BRUSSELS
        180 24 BELGIAN SHARES surged at the opening yesterday, with some stocks gaining more than 8 per cent following the Tokyo market's leap, traders said. Volume was higher than in recent sessions, totalling 169.5 million francs at 0915 GMT, but traders said the rebound was mainly technical. "I think it is
        180 words
      • Article
        ZURICH
        389 24 SWISS SHARES traded higher at midsession yesterday but prices were moving lower from earlier highs as dealers were sceptical as to whether today's and yesterday's rally would continue. The all-share SPI index was 16.5 points, or 1.80 per cent, higher at 932.8. But this also represented the day's low.
        389 words
      • Article
        Untitled
        117 24 Milan Oct 1 Lire Ass Gen ***** +100 Bastogi 244.50 5.5 Fiat 6250 +110 Finsider susp IfiPriv ***** -70 Italcementi Ord ***** -370 I taigas 2657 +2 Magneti M Pf 1050 44 Mediobanca ***** 420 Miralanza. Mondadon Priv susp Montedison susp Olivetti Old 3940 95 Olivetti Priv 2800 -39 Pierre!
        117 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Profit-taking, short-covering bolster greenback
      1171 25 FOREX MARKET REPORTS! DESPITE the sharpest one-day rebound on the Tokyo Stock Exchange, currency traders largely ignored the Japanese yen. Instead, the dollar/yen remained tightly sandwiched between buying and selling orders as the currency markets await the US Federal Reserve's Open Market Committee meeting yesterday for
      1,171 words
    • Article
      INTERBANK FOREX RATES
      383 25 Cross rates Oct; USS SS MS Dm Yen SFr AS NZ$ US$ 1.7600 2.6975 1.5570 136.80 0.5306 1.2955 1.2063 1.6168 S$ 0.5682 1.5327 0.8847 0.7773 0.3015 0.7361 0.6854 0.9186 MS 0.3707 65.25 0.5772 0.5071 0.1967 0.4803 0.4472 0.5994 Dm 0.6423 1.1304 1.7325 87.86 0.3408 0.8320 0.7747 1.0384
      383 words
    • Article
      MONEY MARKET
      552 25 Interbank rates SS Bid Offer Overnight 5 1/2 5 3/4 1-month 6 1/2 6 5/8 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 'Overnight mode: 6-7/16 US$ Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/16 8 3/16 2 months 8 1/16 8
      552 words
    • Article
      FINANCIAL FUTURES
      1598 25 SIMEX EUOOOOUAH Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.06 92.10 92.06 92.08 8300 ***** ***** Mar 91 92.12 92.18 92.12 92.16 5371 8926 9732 Jun 91 92.00 92.04 92.00 92.02 392 2950 2104 Sep 91 91.79 91.79 9I.78A 91.78 133 769 526 Dec 91
      1,598 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Tin tailing worth its weight in gold
      434 26 Bernama A NEW DIMENSION is in store for the tin industry following the finding of fresh uses for amang, which has generally been discarded as tin tailing, for local researchers have succeeded in extracting 99 per cent pure niobium oxide from it. Niobium
      Bernama  -  434 words
    • Article
      Lock icon Bid for new coffee pact in next two years
      334 26 AP THE WORLD'S main coffee trading nations have decided to continue the search for a new international price support pact over the next two years. They agreed to extend the present International Coffee Agreement, which has no powers to support the
      AP  -  334 words
    • Article
      Heavy short covering sends un tin price
      833 26 REPORTS KLTIN THE price of tin rose by 32 sen to M$ 16.58 per kg on the Kuala Lumpur Tin Market yesterday on strong buying support following the heavy short covering on the London Metal Exchange overnight. Dealers said 90 per cent of
      833 words
  • Article
    PRICES
    1340 26 Rubber 0*2 MS(hfchi Wt) Scents/kg Noon Close Int t RSSPrompt 154.50/I55.50N 155.50/156.50N Int I RSS Nov 90 I54.2VI54.75 I55.2V155.75N Int I RSS Dec I53.7V154.25 I54.7VI55.25N Int 2 RSS OP 149 00/151 .OON 150.00/152.00N Int 3 RSS OP 144.50/146. SON 145.50/I47.50N Int 4 RSS OP 140.50/I42.50N 14I.50/I43.50N Int 5 RSS
    1,340 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      746 26 NOTICES IN THE MATTER Of THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF SSM COAL (ASIA) PTE LTD \ifl MVIIIUiI I Voluntary Winding Up) The following special and ordinary resolutions were duty passed at an Extraordinary General Meeting of SSM Coal (Asia) Pte Ltd convened on 29th September.
      746 words
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      Page 26 Advertisements Column 2
      889 26 M THE MATTER OF THE COMPANIES ACT, CAP. SO EHOE CO. PTE. LMTED (In Voluntary Liquidation) At an Extraordinary General Meeting ol the members d EHOE CO. PTE. LIMITED duly convened and held at 130 North Canal Road. Singapore 0104 on the 28 day of September 1990. the folowing Special
      889 words
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      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      732 27 City FHgfct ETA Flight ETD AbuPbabi GA895 1225 ftihttfifr QF7 2035 Amsterdam GA895 1225 /Miens QF015 2230 Auckland BalikpapjM GA524 1150 Bandar Sori BW21 U05 Bogawan BI430 2125 BI429 2030 Bangkok SN287 1405 CX713 1455 CX712 1550 RA407 1730 SN288 1910 CI663 2240 Bdgrad* JU581 2250
      732 words
    • Article, Illustration
      Luxury on the edge of the wild
      681 27  -  POSTCARD FROM SABAH By Barbara Basler THE Tanjung Aru Beach Hotel is a luxury seaside resort in Sabah, which sits on 9 landscaped hectares at the edge of the South China Sea, near the base of Mount Kinabalu, 4000 metres tall. And while
      681 words
    • Article
      MONEY CHANGER RATES
      151 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.454 1.474 Canadian dollar 1.510 1.530 NZ dollar 1.075 I.I 15 Sterling pound 3.300 3.33 US dollar 1.757 1.767 Local dollars to 100 units of foreign cwrtocy Austrian schilling 15.70
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      259 27 Duration Title Venue Organiser Td Duration Title Venue Oiynner Tel Oct 1-12 Singapore Business Vancouver. S.ngapore 33*8787 Development Montreal. Manufacturers' Innovations Fair SjkA Mission to Canada Calgary Association Nov 12-IS Fire East 90 Hongkong FMJ International *****8611 Toronto Publications Oct 2-7 International Italy Ente Autonomo 1/*****132 Machinery
      259 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      68 27 -y- r jThe hu>ine» persons choice ever. luoihv. I I M Thursday Saturday jndSund.i\. I cj\ini;( hinp I II I ft W Airport at 22:C5 hour* and arriving at Letter B. M V. I XV 1 JL Pearson International \irport the following das. A BliK AT II Fuksii An: Air
      68 words
    • Advertisement
      Page 27 Advertisements Column 2
      284 27 HONG KONG JAKARTA (INDONESIA) LONDON (ENGLAND) CHINA HARBOUR VIEW $108 SARI PACIFIC $170 MOUNT ROYAL $205 GRAND TOWER $159 BOROBUDUR INTERNATIONAL $244 KENSINGTON PARK $250 HOLIDAY INN GOLDEN MILE $206 MANDARIN ORIENTAL $205 PLAZA ON HYDE PARK $I<o NEW WORLD HARBOUR VIEW $189 HOTEL INDONESIA $130 JULIUS CAESAR $130 MANDARIN
      284 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      272 27 players are tried for cannabis possession? take to ""J™"""" as a cloak (6) BM BK 12 Trampolinist who keeps |H| club in order 17 Underground pipe (4) _L_l^^_J university man 24 19 Plot to acquire church —mmi paintings (5) MB 21 Nickname for the En- 28 M| WM glish ambassador
      272 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      213 27 Singapore Outlook: Showers with gusty winds expected over many areas in predawn hours. Report: Max temp. 30.3 assoc humidity 66% min temp. 24. I*c assoc humidity 87% hrs of sunshine 0.20 rainfall in mm Nil rainfall this mth Tracc rainy days this mth 0 World Forecast Asia-Pacific Hi/Lo* Cond. Auckland
      213 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      34 27 sfm^PSON—^fovM s-YVe secret OP f\ salesman IS lU TttTPkL fce.LIPT IN N/OOR PS2ODUCT.... <MOu)iMC> R TMBT >OJ plfcE. OFFGRIHG TUC. BesT Gtves >( one BOUNDULSS i_S=S, 1* r f c CVCNMO STAMOARO CO. LTD, IN3-IM*
      34 words
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  • Article, Illustration
    Call for global efforts to ensure Gatt talks succeed
    429 28  -  Combined oil and trade crises will sink world economy By Harish Mehta WARNING that the world economy cannot afford to have a trade crisis on top of an oil crisis, a former French finance minister has called for global efforts to
    429 words
  • Article
    Malaysia set to reap gains from oil export windfall
    271 28  -  By Hong Lee Tiam MALAYSIA stands to reap a windfall of Ms 3 billion to Mss billion in 1990 and another Mss billion to Ms4B billion in 1991 from export earnings in oil, according to an adviser to the Central Bank
    271 words
  • Article
    Lock icon Bell Resources' A$1.09b loss adds to Aussie woes
    390 28 Reuter BOND CORPORATION'S once cash-rich associate, Bell Resources, yesterday joined Australia's league of big losers after chalking up a A 51.09 billion (US$9OO million) loss in the year to June 30. Bell Resources' deficit, which expanded from a loss of As3o6 million
    Reuter  -  390 words
  • Article, Illustration
    Germany reunites at midnight
    321 28  -  Western Allies cede occupation powers From Girish Saxena in BERUN A NEW NATION was born at midnight in the heart of Europe when the two Germanics were reunited after having been divided for about 40 years. In a historical move of far-reaching consequences, particularly for post-war
    321 words
  • Article
    Lock icon US manufacturing sector hits lowest level since 1982
    420 28 NYT THE US manufacturing economy, shaken by the oil crisis in the Persian Gulf, declined to its lowest level in nearly eight years last month. A survey of US purchasing managers released on Monday showed that production levels fell, new orders dropped
    NYT  -  420 words
  • Article
    Lock icon South Korea planning US$1.3b projects in M'sia
    288 28 AP SOUTH KOREA plans to invest about US$l.33 billion in various projects in Malaysia, South Korean ambassador Hong Soon-young said in Kuala Lumpur yesterday. Major projects included an iron and steel mill, a paper mill and a plant to produce electrical goods, Mr
    AP  -  288 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      89 28 JIL Baume Mercier GENEVE 1830 111 l I Appox 180 lots of International Designers' Jewellery in setting of fine quality diamonds and gems, all made by competent first-class craftsmen, to be sold by Public Auction at Way-below-cost prices. An Opportunity not to be Missed Venue: Hilton International Singapore Malaysia Room,
      89 words
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      Page 28 Advertisements Column 2
      194 28 JIL Baume Mercier GENEVE 1830 Accounting Seminar I Group Accounts I Accountants responsible for preparing consolidated financial statements need to know how the new accounting standard on group accounts (SAS 26) will affect their group This seminar introduces SAS 26, comparing it with present practice and Companies Act requirements. Issues
      194 words
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  • Shipping Times
    • Article
      Pacific Carriers forms joint ventures in SEA, Europe
      396 29  -  By Rahita Ellas PACIFIC Carriers Ltd (PCL), the Kuok group's listed shipping arm, is expanding internationally through tie-ups with partners in South-east Asia and Europe. A proposed venture with Indonesian commodities agent Multi Sakareksa Corporation will transport fertilisers from the US to
      396 words
    • Article
      FELS unit to build cranes for Surabaya port
      284 29  -  By Rahita Elias FAR EAST Levingston Shipbuilding subsidiary FELS Cranes has clinched a major contract to build five cranes for the Indonesian port of Surabaya. The cranes, costing a total of $16 million, will be built in Indonesia under sublicence, and are
      284 words
    • Article
      Expert sees need for Asian aviation trading bloc
      306 29 ASIA WILL NEED to form an aviation trading bloc to gain leverage in negotiations with a future united Europe and with US airlines, according to an aviation finance expert Mr Duke Kim, the general manager of the marketing department of C Itoh
      306 words
    • Article
      Lock icon EC and US break deadlock on aircraft subsidies
      365 29 Reuter THE European Community and the United States have broken a deadlock in talks on subsidies to aircraft manufacturers, EC and US officials said. Washington had threatened to take its dispute over EC government support for the makers of the European Airbus
      Reuter  -  365 words
    • Article, Illustration
      DHL launches Bhutan service
      399 29  -  By Malini Ta mbyah DHL has started a two-way document service to the landlocked kingdom of Bhutan, in a move to explore new markets. This is the first air-express service to the Himalayan country, said Alec Ang, DHL area manager for South Asia and Indochina. "Having
      399 words
    • Article
      Piracy case believed to be cover-up for arms delivery
      325 29 THAI marine police sources believe that 2,000 tons of cargo recently heisted by pirates could be a cover-up for an illegal arms delivery to one of the warring factions in Cambodia. Sources told the Bangkok Post that the pirates, described only
      325 words
    • NEWS SUMMARY
      • Article
        The worst It yet to be
        35 29 GLOOM prevails in the containership charter market Except for feedership charters the only bright spot the indicators are that falling rates may not be a temporary phenomenon Page 2
        35 words
      • Article
        Lufthansa sees 'positive result'
        31 29 WEST GERMAN airline Deutsche Lufthansa AG said it expected a "positive result" in 1990, despite a first half operating loss of over 100 million maitcs Back Page
        31 words
      • Article
        A growing role in distribution
        47 29 MORE AND MORE, air express Firms are becoming part of the distribution process for global businesses. As such, they are going beyond just meeting the urgent needs of business to actually helping firms with the logistics of total distribution patterns. Back Pate
        47 words
      • Article
        Transport units boost CSX income
        41 29 CSX CORP, the parent company of Sea-Land, said third* quarter operating income roae to US$236 million from US$l76 million as the company's rail, barging and container shipping units posted higher earnings despite the weakening economy BackPage
        41 words
      • Article
        America West buys up to 118 Airbuses
        39 29 AMERICA WEST Airlines, the rapidly growing US airline, has agreed to buy up to 118 Airbus Industrie A32os over the next IS years in a deal worth about US$5 billion Back Pace
        39 words
    • LOG BOOK
      • Article
        Finnair buys into SAS hotel chain
        106 30 SCANDINAVIAN Airlines System said Finland's Finnair Oy has bought a US$lO million minority stake in its SAS International Hotels (SIH). SIH has 25 hotels in Scandinavia as well as in Hamburg, Brussels, Amsterdam and Vienna. It also has a 40 per cent stake in
        106 words
      • Article
        Polish line calling at New Orleans
        106 30 POLISH Ocean Lines has begun a twice-monthly direct service between New Orleans and Europe. The route links New Orleans with Savannah and Le Havre, France; Rotterdam, The Netherlands; and Bremerhaven, West Germany. The feeder service will take cargo to the US and Scandinavia. POL
        106 words
      • Article
        GM unit signs satellite accord
        67 30 HUGHES Communications Inc, a unit of General Motors Corp's GM Hughes Electronics, has reached a long-term agreement with SkyPix Corp, enabling SkyPix to start direct-to-home television broadcast service next year. Hughes will lease transponder capacity on two of its seven satellites to SkyPix, which plans
        67 words
      • Article
        Exim Bank approves loan
        51 30 THE US Export-Import Bank has approved a U5524.7 million loan to finance the sale of Westinghouse Electric Corp air traffic control equipment to Morocco. It said the radar, data-processing equipment and training will enable Morocco's airspace to handle additional overflights between Europe and South and Central
        51 words
      • Article
        US passes airport security law
        86 30 THE US House of Representatives passed legislation on Monday to upgrade security at airlines and airports, including directing the government to develop guidelines for warning passengers of terrorist threats. "Never again do we want a situation where the insiders had notification but the rest of
        86 words
      • Article
        Santos disrupted by strike
        70 30 SANTOS, Brazil's biggest port, was disrupted on Monday by a 24-hour strike of dockers. A port authority spokesman said 25 ships were affected by the work stoppage, staged by day labourers who work on board ships. They seek a 298 per cent pay rise. An indefinite
        70 words
    • Article, Illustration
      The worst is yet to be
      1070 30 Gloom prevails in the containership charter market. Except for feedership charters the only bright spot the indicators are that falling rates may not be a temporary phenomenon. FOR THE past four years, owners of containerships specialising in the charter market have enjoyed a period
      1,070 words
    • Article
      WEEKLY FREIGHTS
      693 30 A FURTHER rates slide took place in the international shipping market this past week. The absence of Soviet charterers weighed particularly heavily on the grains sector, shipbrokers said. The Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) fell 13 points on the week to end at
      693 words
    • Article
      THE SHIPPING GUIDE
      11724 38 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,724 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        543 45 Ua4 my* Brti kiM Hmd V07 krk* Pqarhn ilappri MMrm 04 4/90A PIC 02.10/1600 03.10/0300 Cm Gassan 15A12 K34 alongside 05.10/0100 02/90 P2B 03.10/0800 04.10/0600 Karatewrat IB K29 alongside 02.10/1800 13E PIC 03.10/0800 06.10/1100 ifota Bertan 41/90 K31 atonprfe 04.10/1500 iJStL Li. S SO* 02.0/1630 £S IS
        543 words
      • Article
        CONTAINER SCHEDULE
        1110 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO Record BooMnf/Bitance Mb Sty toy No Etb/Btr Period From To From Z Actrtergractit AG03s 05/1900 3 03/0700 03/1159 03/1400 Z 4 03/1200 03/1459 03/1700 Aa Lotus 48 04/1800 1 02/1500 02/1659 02/1900 4 03/1200 03/1459 03/1700 M Shmah 74A 04/0700
        1,110 words
      • Article
        IN MALAYSIAN PORTS
        204 45 On the way: berth 1: Tara Rose; berth 3: Bangkaja, Sae Bye). Ihard oi berth: Voiture Tunda Comfort Marine 56. Service jetty: Sea Eagle I. Andurage. Jambongan, Asif I. Due on Oct 2: ri. One en Oct 3: Sang Thai Fortune, Fortune Ceka, Ming Hu, Tang Atk
        204 words
    • Article
      DAILY FREIGHTS
      1030 45 THE DRY cargo freight market continued quiet, with few fixtures on key routes and mostly stable rates, brokers said. Grain fixtures included two barley freights, one 50,000 long tons from North Pacific to Saudi Arabia booked at an unchanged U5517.75 and another 30,000 long tons from Vancouver to
      1,030 words
    • Article
      Lock icon Lufthansa sees positive result for this year
      292 46 Reuter WEST GERMAN AIRLINE Deutsche Lufthansa AG said it expected a "positive result" in 1990, despite a first half operating loss of over 100 million marks. Lufthansa made the forecast in a statement responding to a West German magazine article which claimed internal
      Reuter  -  292 words
    • Article
      Lock icon Transport units boost CSX income
      210 46 Reuter CSX CORP, the parent company of Sea-Land, said thirdquarter operating income rose to US$236 million from US$l76 million as the company's rail, barging and container shipping units posted higher earnings despite the weakening economy. Rail operating income for the quarter rose to US$l32 million
      Reuter  -  210 words
    • Article
      Lock icon America West buys up to 118 Airbuses
      213 46 Reuter AMERICA WEST Airlines, the rapidly growing US airline, has agreed to buy up to 118 Airbus Industrie A32os over the next 15 years in a deal valued at about US$5 billion. The Arizona-based America West, launched in 1983, flies mostly on the
      Reuter  -  213 words
    • Article, Illustration
      A growing role in distribution
      606 46  -  mm m .mi LINES By Malcolm Rees The writer of this fortnightly column is general manager of DHL International THERE IS an emerging consensus among management philosophers and practitioners alike that speed will become the competitive advantage of the 90's. Those firms that are faster
      606 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      161 30 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of sush interest to our readers that they demand more space and more research than can be given In our dally reporting. As part of BT's overall service we have.always recognised this and taken the necessary steps. Filling the gap BT
      161 words
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      Page 30 Advertisements Column 2
      12 30 WHAT, RsTHElfc& IS WHEN 11 IN THE MARKET Every Thursday ADVERTISING MARKETING
      12 words
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      Page 30 Advertisements Column 3
      59 30 NOTICE NGPL/COLUMBUS/BANK JOINT SERVICE BUNKER SURCHARGE NOV 1990 Please note that, due to increased prices, the following adjusted bunker surcharge will apply from November 1990, i.e. applicable from the following sailings: Southbound Ningpo VI2S Northbound Tamaitai Samoa V2IN Surcharges are: Southbound ex SIN/ INDONESIA US$ 80/TEU U554.75/RT ex OTHER AREAS
      59 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1724 31 rtiih mSn iCffl}] SiK.'.'i.KmM.aNCfSSON 6HO BBBH PtNANG TEL *****4 TELEX MO MA***** CFS TEL *****6 *VjT II |nTOrtffsl PGUOANG TEL: *****2/3 TELEX MO MA***** Utfdicafed rO J*- rvM KliliillliaJ__iPoH TR^542jQ3/ljAjCj427o6____ j M^_a IMPORT EXPORT i fc==g ITS lcm Infk Inyc hfx sap vessel/voyaci scp lbh cm* _nfk—?!£__!!£!SSmw«iis W i <S
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      Page 31 Advertisements Column 2
      1255 31 MDEX TOMWRTOERS Pa«e Col P««« Col I ~i I Macoline 18 2/3 L 1 Madju Sdn Bhd 16 1/2 ABC Containeriine 13 5 MaerskLine 3 4/5 Accord Group 8 1-3 Mainfreight 15 4 Ahrenkiel Liner 16- 2 MISC 14 1-3 Albatros Sea-Air 14 5 M'sia Shpg Corp 9 1/2 Alfred
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      2198 31 Vassal Voy ETA I ETD "Poft "Penang DESTINATIONS Singapore Kelang Thm «Mk Marin M SOU Closing Tima Feeder by CT »10 0400 MRS M Farco 4 CFS «/10 235» MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC MOM TOR MAREN M 9008 9/10 10/10 4/10
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      1204 32 T ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KATSURAGI 02/517 STIO 29/10 23/10 25/10 22/10 28/10 BEN ALDER 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 5/11 7/11 KOWLOON BAY 07/524
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      Page 32 Advertisements Column 2
      554 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT IRINI 2/11 16/11 18/11 23/11 USO ACCEPTING CARGO VIA SUVA TO LAUTOKA, PAGO PAGO. APIA NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 2/11 5/12 6/12 9/12 Alm accaptinf Carjo to CdUo (Pwv) »U Vilpj ApentS: SINGAPORE: *****56 VS. JAY A:
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      Page 32 Advertisements Column 3
      1544 32 RlmBMiA msmm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSUVOY SIN ALG BCL FEL ROT ANT HAM BRE LHA CM MA MM 2 cintwrlA 2^! 9 03 2^U 22/10 25/10 26/10 30/10 29/10 M/ll u 2^lo 01 11 02-11 04 11 07/11 06.11 06 11 09 11 04/11 ®ai
      1,544 words
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      1575 33 BSsteamers Maritime Holdings Ltd] P&O mrmSTRMTS SHIPPING I Containers mm %No P.Klnf S port S'ton H>*f B'Kmt Mot la* ACCIPTS OOt SAILS KARMAtI Ufill TOe-01/lO Ot/10 WlO 23/10 2VIO 22/10 21/10 CARGO KMUXK Visa TO6-01/10 M/ 10 7VIO 27/10 2*lo BINTANC tfRIA W7l Bint. Miri, KB Daily la H MOd
      1,575 words
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      Page 33 Advertisements Column 2
      1652 33 TO: EUROPE TQi FAR EAST V I y »fM HAM BHVN FLX SPORE HK KAO KOfl 111 HANJIN OAKLAND 010W 7/11 24/10 25/10 21/10 21/10 21/10 NANJIN HAMBURG OKI 11/10 15/10 14/10 15/10 CNOYANG CLORY OBIW 13/11 31/10 1/U 2/U W 5/U HANJIN ROTTERDAM 001 15/10 11/ M 15/10 22/10
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      Page 33 Advertisements Column 3
      46 33 MUM WW FIE Iti. 20-09, T«* b* Hdg. 101 C.C* fc. Spor. 010*. Tali 234*312. 224*513, *****3*. JBMI Tata*. IS 2*266 Fo« *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMiOAH WM OCT SIKJ^UCHIWC TRANSBULK 10 11 OCT J-KfW* SSI ASIKA 3/4 OCT TRANSBULK 15/tt OCT KUCMINC, SIBU
      46 words
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      Page 33 Advertisements Column 4
      386 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHUN ASIAN TRADER KUAN STAR VOY NO 12 2 US Span 2/11 WM 11/ M P. MUnf 4/M 11/ M IVM Hong Kong 17/ M r Yokohama M/M Na«ora Xflt o*aU SanboiUi Tokyo 2VM HodiMimti •For Discharging Only NOTE:
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      677 34 Mliiii CR NBR **********0-D EXPRESS SEMM»NTAINEIISNIP SERVICE TO EURBPE fJI/VOY S'POM ROAMfAOAH H»U«C MtKCN AITTWMP rzsr :k »si isa as as jmnjAiuan l£sul wu am »u am .< 1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subtact to MucananL Atao aocapftiQ cargo to Caaafctanca, Rjtt Said, Port Ataaandria, Genoa, Triaate. ALSO
      677 words
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      Page 34 Advertisements Column 2
      748 34 (R) hanjin S port I LtHavr* R'dam HWf B'havoa Fttov* FEEDER VSL UN LINE HAUL LAX OAK HANJIN OAKLAND OIOW S/10 24/10 »10 26/10 21/10 2S/10 HANJIN HAMBURG M2E 12/10 N. POHANC USE 2/11 4/11 CHOYANC GLORY HIW 13/10 31/10 1/11 2/11 4/11 5/11 HANJIN ROTTERDAM 010E IV* H SEOUL
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      Page 34 Advertisements Column 3
      1223 34 -iM-l-M-1-l-M^ BVIJ J I I M m 1 k I M 1 k. a■IJ I i i IPKL SGP HKC KSC KL6 FUS NKT OSK SN2 TYO LAX SFC PTL CHS ML NYC UN AMI MM FIX MK MP I sassra mms&ksssss! si= ssb'sx'statl I 004NC MVE M/M 11(11 4/11
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      1701 35 ~j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :2212G22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.t-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0,
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      Page 35 Advertisements Column 2
      1275 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) M|« Hi IV i JW y|H DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND vtssns yOYAGI |SPOH |MANILA HKOnT VOYAGE SPORE
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      Page 36 Advertisements Column 1
      1516 36 Wl AW W W m AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0 M) TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 \M M Mj M I 1 V MALAYSIA: HARPER WIRA SDN BHD Z- TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. INDONESI, u 5
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      Page 36 Advertisements Column 2
      993 36 \2m PHIU-OM€NT UN€S PT€ LTD 108 ROBINSON ROAD #07-00 GMG BLMLCHNQ SINGAPORE 0106 X TEL: *****22/*****68/*****00 TELEX: RS ***** PHU FAX: *****76/*****38 BYAUt M/VD OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 6 OCT MONTREAL OTTAWA, TORONTO, 5 OCT DUBAI, 0 AMMAN, SHARJAH,
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      Page 37 Advertisements Column 1
      1635 37 PACIFIC INTERNATIONAL LINES (PTE) LTD J UtM PIL Building, 140 Cecil Street HKXHX), Singapore 0106. I JAKARTA I I BANGKOK mbi' L 53? wo Kw tin* piSSa «o«tt« mi »?t ww uta I S 14/10 PEGASUS PROGRESS «37N 5/10 t/10 13/10 2!"* MAS II? »n 11/10 MAI VINO 01N 7/10
      1,635 words
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      Page 37 Advertisements Column 2
      1144 37 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** mT EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VQY SPORE PKLANG SHAMPTONI HAMBURG BHAVEN R'DAM L'HAVRE KatsuraQi* 02/517* 4/10 29/10 23/10 25/10 22/10 28/10 Benakter f 97/522 7/10 Via Tot)
      1,144 words
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      Page 37 Advertisements Column 3
      329 37 M MYANMA H FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'port P.KIg Ptn P.Gdg MAGWAY VIM SU fl n AVA VIO4W hR PATHEIN VIO6W 7/10 OCT u/12 OCT PAGAN VIB2W 12/11 OCT MYOMAYWA VI3IW 16/20 OCT THE BANK LINE VMfeP' (A eenrtceof Andrew WefeSMppkie) \W SEMI-CONTAINER SERVICE
      329 words
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      Page 40 Advertisements Column 1
      791 40 JKB2Sdyg^j|ft INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG RST ARABIAN SEN WFO43 04/10 24/10 77/10 21/10 30/10 1/11 W. PIECK MO 1/10 1/11 3/11 7/11 4/11 7/11 GERMAN SEN WFO44 10/10 7/11 3/11 4/11 t/11 1/11 PARIS SEN WFO* 16/10 1/11
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      Page 40 Advertisements Column 2
      1125 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM CONSOLIDATION SERVICES TO: 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 11/10 4 18/10 HONGKONG 5/10 8/10 YOKOHAMA 11/10 18/10 KAOHSIUNG 7/10 14/10 KOBE 11/10 4 18/10 KEELUNG 7/10 4 14/10
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      Page 40 Advertisements Column 3
      327 40 LOADINC FO» LOADING FOR BUENOS AIRES ttSMI SPORE CM MM MIMS KVIMO *10 STS VIT MfiUA C. ISAKL I*lo WM 4/11 Wll llfll OTT VMU ■OCTKINI »11 Ifll aiu *U in OfT VMBJ discharging fm brazil only SKHIf HNI HK KH WUI m NO UN ■osmiN i iiiu ni wi
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      Page 40 Advertisements Column 4
      1345 40 W CHINA OCEAN SHIPPING COMPANY coscP TEL: 22(1900 TOmBST FULL CONTAINER LINER SERVICE £»»>' CR NO. *****M*****1 CABLE: COSTARLINE General Agents: OCMTAR SHIPPING PTE LID tO SUHOPt SCf FLX ROT HAM AWT DM VESSEUVOY FLX ROT HAM ANT WW WEALTHY RIVER/19i M/M S/10 *10 01/11 01/11 KANC HE/20E OS/0I 07/01
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      Page 41 Advertisements Column 1
      738 41 NfflON-ASIA CR **********0N TEL: *****22 FAX: *****86 I Competitive Rates!! ETA USA All IPI Destns 6/10, 13/10 I I EUROPE all Ports 6/10, 13/10 BANGKOK 6/10, 9/10 HONGKONG/CHINA 5/10, 8/10 SYD, MEL, ADEL, BRIS 8/10, 16/10 FREMANTLE 11/10, 19/10 MANILA 5/10, 12/10 PKLG/PENANG 10/10, 17/10 Poet Katang Branch Tal: *****21/2/3
      738 words
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      Page 41 Advertisements Column 2
      247 41 Si RICHFIELD MARINE AGENCIES (S) PTE LTD fi TEL- *****33 (12 Llnaa) m PAX: *****15/*****03 fH TELEX: R8 ***** RIBHIP (3 Llnaa) |Hft\ ETHIOPIAN SHIPPWfi UWES r""^ 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA ILOAWNG FO« 6W)WK NCTSANET 20WB XVIO DAAESSALAAM. MOMBASA. OJWOUTI AMAB, MA3SAWA
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      Page 41 Advertisements Column 3
      819 41 MASKAPAI PELAYARAN WpULAU LAUT I FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S'PORE, INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 XMIAPOBE —-IHPONMtA MWVtCf VSL VOY SIN JKT PAJ SIN PUL
      819 words
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      Page 41 Advertisements Column 4
      892 41 BANGKOK CEBU/MANILA JEHLINK 25N Wd 3/10 St 0/M KITI BHUM 40S S/M 11/ M 13/10 NANTA BHUM 00N TMir 4/M Sww 7/10 •SO OtIENT 41R U/M 17/ M M/M SIRI BHUM# MSN Fri 5/M Ml 0/M KIT! BHUM 423 *M 24/ M M/M MAMA BHUM# 2» 7/10 W« IQ/10 |sp.
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      Page 42 Advertisements Column 1
      1053 42 iJL MAC-NELS SIN6APOBEf"M"T tel ttmn I '"Mr nt «i*ow TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 IJ- BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 x —D jakarta tel
      1,053 words
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      Page 42 Advertisements Column 2
      536 42 BLUE BTAR L,NE SINGAPORE TO NEW ZEALAND AND T/S FIJI PTTT I Y CONTAINERISED monthly sailings TsCHaSoATNEW PLYMOUTH PORT DlB chalSA^ auck "?Br^urw"dunSS?.' BLUFF LVTTELTON, INVERCABGIL, FIJI AND TAHITI SIN N. PLY AUCK ITT isgas ssa ssi s:s ss s SRnSlwm TJLEWONE SU TELEX RS ***** FAX *****64 MALAYSIA AGENT:
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      Page 42 Advertisements Column 3
      1171 42 JgG\ THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH una |m [eta I kit mia wi Ira liar KIM SOON LI 39/90E 6 OCT
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      Page 43 Advertisements Column 1
      653 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pwiang* P. Kelang Singapore KAMALEVERETT 14/18 Oct THOMASCVCRETT 21/21 Oct 29/31 Oct KARABIEVERETT 05/07 Nov 08/10 Nov "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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      Page 43 Advertisements Column 2
      582 43 VM. hwv p PORE [MAINLINE* |UU fc»T |SAV [NYC |WfX M MBAEUS UK N* IK HONGKONG B|U H|U w yu w taiSMKAMM mi pwo na tokyo i/u mu u/u iyu uiu MOAT HI pi 10 IM TOKYO 1/U 14/U I|U IVU IJfU na TtKSTi urn hi/una pusan m/u i*u a/u
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      Page 43 Advertisements Column 3
      612 43 Msing kwang hang MVPMQ I T*A*WO*T*nON (FTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 6/10 a/10 JEMWEL 11/10 14/10 VESSEL SPORE BANGKOK a vessel s/io ano A VESSEL 10 11/10 I DESTINATIONS ETA BMOAPORE PORT KELANG 6 OCT MANILA 6 OCT HONG KONG. ALL CHINA PORTS 6
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      Page 43 Advertisements Column 4
      520 43 PERINTIS LINE 11 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT SBY POWTIAHAKTANTO SEJATI 25 IN PT 06/10 DERAJAT 905 06/10 09/10 TANTO SEJATI OFF-HIRED TANTO UTAMA 109 IN PT 06/10 TANTO UTAMA 111 09/10 12/10 TANTO UTAMA 113 16/10 19/10 PRASETIA P23 IN PT 06/10
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      Page 43 Advertisements Column 5
      471 43 t 4 w llfcJMJlHHlll'iyim'li>MilH^^»*^ k2iiftMniair^ < Hi fmeait 7/10 KEELUNG/KAOHSIUN6 6/10 BANGKOK 6/10 MANILA/CEBU 1 Z 6/10 JAKARTA BELAWAN/SURABAYA 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 Hua ngpu/ Shenzhen/Furhou/ Xiamen/Xingang/Shanghai SIN EIMPE/M 6/10 LDN/FLX/LVP/SOU 6/10 ROM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/
      471 words
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      Page 44 Advertisements Column 1
      475 44 -rvj, CB SHIPPING (05) MARINE SERVICES 1 MOUTH QUCEHSIANOfIPAPUA HEW CUINI* StWICCS CMnun/LCL/niiuiMU nmct "ANKE" SERVICE SPE LAE MISIMA T'VILLE V.IBSB 26/10 5/11 9/11 Hfll BUNKER SURCHARGE EFFECTIVE 1/S/BO TEU USD2S.SO B/BULK USD 2.50 LCI USD I SO SUBJECT REVIEW MUMS KCOTB FOR CUT MUUTM M MplrlM Vt MICMN. PLATOU
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      Page 44 Advertisements Column 2
      929 44 VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K.V.U. V.IBCW9O 8/10/90 30/10/90 1/11/90 7/11/90 KM. V.lB-90W IS/10/90 10/11/90 1/11/90 5/11/90 K.V.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SG. V.19-90W 1/11/90 27/11/90 17/11/90 22/11/90 B.A. V.21/CW9O 5/11/90 27/11/90 29/11/90 3/12/90 ALSO ACCEPTING CARGO FOR MILANO LASPEZIA. PROVAOUO BARCELONA. 2VJWCM. VWEZLA. MARSEILLES VARNA.
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      Page 44 Advertisements Column 3
      562 44 JBF* OCERnSERWCE I LCL/FCL SERVICE TO/FROM 3a*r 04-*****2 03-*****55 778 6822(22 lines) 80®; Marina Oog Suean M«/Cbristtna CMew .DoMy Mtrpuri/CaMwr Yap 1 i FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 18WB 1300 2 VIGOUR PACIFIC 19MB 23/10 BANGKOK 7/10 14/10 BUSAN 5/10 13/10 HONGKONG 5/10 8/10 PURBAN 10/tt 25/10 KEELUNG 7/10
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      426 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 KOO 0700 MOO ********************14 M ISM ICOOI7WIIMI9M 20M 21M *****3 M JR 2.4 14 1.2 0.8 0.5 0.5 0.6 1.0 1.7 2.3 2.6 2.7 15 2.0 1.4 1.0 0.7 0.6 04 1.2 14 2i 24
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      Page 46 Advertisements Column 1
      292 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 Enquiries Call CALVIN HO fUI»\ HIAP HOE SHPPNG ENTERPRBE I f/Ii J TEL: *****66 FAX: *****10 \jljy TLX RS ***** HHSHPG PT. PELAYARAN.
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      Page 46 Advertisements Column 2
      644 46 HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN ,AMIMA 35? 6UO" 11/10 29/10 31/10 03/11 02/11 HYUNDAI COMMANDER 19* WWW Vl» 7/10 HYUNDAI CHALLENGER 37E 12/10 1100 5/11 7/11 10/11
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      Page 46 Advertisements Column 3
      501 46 ICHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) KATSURAGI S^? InflT 23fto" C WM* 01 DflJ" 2MO ;<*to*»» $»«*li*. tW«Ai BE HAIDER 7/5 MM 27/11 2*lo Briwmhixr J. C ,*??T ium-i -d r HAMBURG EXPRESS 11m *11 »10 1/U 2*lo VU Sou»u«rton .toaM UK OortiiiKioM. Bolfool «M MKa
      501 words