The Business Times, 5 October 1990

Microfilm: NL17117
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times MCI (P) 170/12/89 Friday October 5 1990 75« MCI (P) 170/12/89
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  • NEWS SUMMARY
    • Article
      Thai government crisis worsens
      68 1 THAILAND'S government crisis intensified yesterday in spite of efforts by Prime Minister Chatichai Choonhavan to patch up rifts among ministers in the seven-party ruling coalition. Mr Chatichai called an emergency meeting of senior ministers late Wednesday in a bid to end the crippling disputes. But ranking
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    • Article
      BG Yeo on strategy
      28 1 SINGAPORE must compete in the global market for world talent, and plug proactively into the international arena, said BG George Yeo yesterday Page 2
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    • Article
      Campaign targets
      30 1 THIS YEAR'S Speak Mandarin Campaign is aimed at senior executives and professionals, said Second Deputy Prime Minister Ong Teng Cheong at the launch of the drive Page 2
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    • Article
      Wonders in weakness
      26 1 CONTINUING weakness in the US dollar will work wonders for the two-year slump in demand for Hongkong's domestic exports, say economists Page 7
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    • Article
      Focus on US-Laos ties
      29 1 BILATERAL RELATIONS were the focus of a breakthrough meeting between US Secretary of State James Baker and his Laotian counterpart in New York Page 7
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    • Article
      Greenspan backs pact
      37 1 FEDERAL RESERVE chairman Alan Greenspan has endorsed the US budget agreement to cut the federal deficit, raising hopes of a cut in interest rates if Congress approves the package later this month Page 7
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    • Article
      Aid for Red giants
      34 1 THE WORLD BANK and the International Monetary Fund are actively planning aid for Soviet Union and China in the form of technical assistance, training and new loan packages Page 10
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    • Article
      Big Mitsui investment
      31 1 JAPANESE giant Mitsui OSK Lines plans to invest $4.3 billion worldwide in projects ranging from logistics services to shipbuilding, marinas, resorts and real estate. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow up
      46 1 WALL STREET showed no clear trend yesterday morning in another indecisive session. The Dow Jones average of 30 industrials edged up 0.49 to 2,489.85 in the first hour of trading. Volume on the NYSE came to 15.89 million shares in the first half hour.
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    • Article
      Footsie down
      40 1 LONDON share prices were lower at midday yesterday as the cash market followed the stock index futures market downward. At about 1115 GMT, the Financial TimesStock Exchange 100-Share Index fell 15.6 points, or 0.7 per cent, to 2,071.4.
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    • Article
      MAS may issue bonds
      22 1 MALAYSIA AIRLINES may issue foreign currency bonds to finance part of its M55.5-billion five-year modernisation plan. Page 3
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    • Article
      Interest in SPC issue
      28 1 SINGAPORE Petroleum Company's share offering has attracted keen interest from foreigners, with the Kuwait Investment Office allotted the bulk of the shares Page 3
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    • Article
      Package for UMW firm
      20 1 A UMW HOLDINGS company has signed a Ms 22 million, three-year guarantee offshore facility Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 562.13 -2.22 Kuala Lumpur ....467.32 -1.10 Hongkong Closed Tokyo 22,278.19 -57 20 Sydney 1,368.5 -16.9 Wednesday Change NewYoA 2,489.36 -I 5.14 London 1,619.0. +24.3
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    • Article
      CURRENCIES
      20 1 Exchange rates USS S$ 1.7530 Yen S$ 1.2899 MS SS0.6497 Money market rates Overnight 6-3/4 1-1/4 3-month 6-1/2 unch
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    • Article
      COMMODITiES
      40 1 London Gold PM fix US$395.75 US$6.35 Rubber S pore Oct.... l54.50«/kg +0.50 M'sia Oct 237.50'/kg unch KL Tin Turnover 22 tonnes -4 Spot MS i 6.31 /kg -0.10 Crude palm oil Turnover 1099 lots +483 Oct MS654 /tonne -5.00
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  • Article
    Lock icon M'sian Parliament dissolves today for polls
    245 1 Reuter MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has announced that he is dissolving the country's Parliament today to call for a general election a year ahead of schedule. King Sultan Azlan Shah had consented to the dissolution of the 177-seat Parliament, Dr
    Reuter  -  245 words
  • Article, Illustration
    Singapore is KL's third biggest foreign investor
    357 1  -  From Lilian Ang in KUALA LUMPUR SINGAPORE companies committed over Ms9oo million in proposed manufacturing projects in Malaysia in the first nine months of this year, ranking third among the foreign investors in the country. Figures released yesterday by Malaysian Trade and Industry
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  • Article
    Privatisation: KL welcomes foreign players
    323 1 FOREIGN participation under Malaysia's privatisation master plan would be encouraged where its expertise or global linkages are essential for a company's development, the head of the Malaysian government's economic planning unit said yesterday. Speaking at the Malaysian Capital Growth Opportunities Convention, Mr Mohd Sheriff bin
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  • Article
    Action over JB petrol not ruled out
    146 1 THE government will not reduce or cap the tax rate on petrol and may even take action to curb the increase in the number of cars filling up across the Causeway because of the petrol price differential. Parliament heard yesterday. Minister of State
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  • Article
    Lock icon Dollar hits low against mark
    157 1 Reuter THE US DOLLAR fell to a record quoted low against the German mark in midday European trading yesterday, weakened by renewed anticipation in the market that lower American interest rates are on the way. The dollar slid below its previous all-time low to hit
    Reuter  -  157 words
  • Article
    Lock icon Bank Duta announces US$420m forex losses
    192 1 AFP BANK DUTA, one of Indonesia's largest financial institutions connected with President Suharto, announced yesterday that it has incurred losses of US$42O million on foreign exchange transactions. The Bank Duta board of commissioners, the bank's supervisory panel, told an emergency meeting of shareholders in
    AFP  -  192 words
  • Article
    In Executive Lifestyle tomorrow
    180 1 WHAT DO professionals do on a Saturday night? Is the image of the yuppie who works hard and plays harder a myth or a reality? We asked around, and found some pretty surprising answers. PLUS: A day on the green with the golf man himself, Arnold
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  • Article
    Goh: Elected presidency will correct flaw
    508 1  -  By Kenneth James IN PROPOSING an elected president, the present government is willingly clipping its own wings to correct a flaw that an unscrupulous government might otherwise exploit for its own benefit, First Deputy Prime Minister Goh Chok Tong said in Parliament yesterday. Mr
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      332 1 Exclusive Trifari Triple Plating Quality Guaranteed Made in USA Trifari Counters: Isetan Katun# Metro: Kar Kast, Manna. Paraxon Daimaru Watson's: OIJB Centre, Robinson* Tower. Aircraft Schedule 27 Money Market 25 World Stock Markets 24 Commodities 26 Regional New 7 Cryptic Crossword 27 Regional Stock Markets 23 Editorial 10 SES 18.
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      Page 1 Advertisements Column 2
      18 1 Fed chairman endorses agreement, Pg 8 •Saddam in Kuwait, Back Pg Economic realignment in Asia expected, Pg 7
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      Page 1 Advertisements Column 3
      60 1 I I 1 ,UI mwuoi TA Quadruple Zoom+Auto Two-Cokx r j, ETIENNE AIGNER SHOPS *01-03/04 D*M Orchard T««: *****00 *#01-02 Mr J Shaw Centre Tel: *****41 *01-20 Scotts Shopping Centre Tel: *****42 Vu -JS '81-08 Palais Renaissance Tel: *****84 *01-368 The Porogon Tel: *****39. DEPT STORES: Daimaru Iseton (Wismo) e
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      8 1 Debate turns on 2 main issues, Pg 2
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  • HOME NEWS
    • PARLIAMENT BRIEFS
      • Article
        Act prevents use of CPF as tax shelter
        56 2 THE CENTRAL PROVIDENT FUND (Amendment No 2) Bill, which had its final reading yesterday, prevents the use of CPF as a tax shelter. The amendment is directed at individuals earning total annual wages of more than $100,000 but whose annual ordinary wages
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      • Article
        Breaks for individuals only
        47 2 THE INCOME TAX (Amendment No 2) Bill, introduced yesterday, covers the loophole arising out of the reduced tax rate on income distributed to unit trust holders. The amendments will ensure that corporations do not enjoy the tax breaks that are meant for individuals.
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      • Article
        Those hiring illegal workers...
        62 2 EMPLOYERS HIRING illegal workers will now face tougher penalties with the passing of the Employment of Foreign Workers Bill. The penalty for an employer convicted for the first time will be revised to a minimum fine equivalent to two years of the foreign worker's levy and
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      • Article
        Powers to town councils
        50 2 TOWN COUNCILS will be given powers to administer and run their housing estates under the Town Councils (Amendment) Bill, introduced for first reading yesterday. The bill empowers Town Councils, among other things, to impose administrative fees and penalties for late payment of conservancy and service charges.
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      • Article
        Replacing the Science Council
        45 2 THE NATIONAL SCIENCE and Technology Board Act 1990, introduced yesterday, will pave the way for the creation of a new National Science and Technology Board to replace the Science Council of Singapore and will repeal the Science Council of Singapore Act.
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      • Article
        Why Chia is not totally free
        64 2 POLITICAL PRISONER Chia Thye Poh has not been fully rehabilitated, and so he cannot be given unlimited access to the main island, says Home Affairs Minister S Jayakumar. He was. answering opposition MP Chiam See Tong's question about why the relaxation of Chia's detention
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    • Article, Illustration
      Elected president debate turns on two main issues
      495 2  -  By Shoeb Kagda WIDENING the field of selection and concern about too much power being vested in one man were the two main issues broached by backbenchers in a two-hour debate on the elected president in Parliament yesterday. Leading the 11 members
      495 words
    • Article
      Chinese professionals urged to use Mandarin
      287 2 SENIOR Chinese executives and professionals are the targets of this year's Speak Mandarin Campaign, launched yesterday by the Second Deputy PM. Speaking in Mandarin at the inauguration ceremony, Mr Ong Teng Cheong said if senior executives and professionals who are "leaders in their own
      287 words
    • Article
      EC should have one currency: ex-French minister
      272 2 FORMER French Finance Minister Edouard Balladur yesterday said a common currency was preferable to the present European Currency Unit (ECU) for the smooth functioning of the European common market. Speaking on "European Monetary Union and the World Monetary System" at a public lecture
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    • Article
      BG Yeo outlines strategy for growth
      469 2  -  By Anna Teo TO BE POISED for the future, Singapore must compete in the global market for world talent, and plug proactively into the international arena, said Brigadier-General (Res) George Yeo yesterday. .It must, at the same time, hold fast to its Asian values,
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    • Article
      Our embassy in China
      57 2 SINGAPORE'S commercial representative office in Beijing is now its official embassy. This follows the signing of the joint communique by the foreign ministers of Singa- pore and China yesterday in New York announcing the establishment of diplomatic relations between the two countries. Under the agreement, Singapore
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      165 2 1 i\ e are a trading group with V V diversified interests in Europe, Africa, India and Singapore. Currently, we are setting up a joint venture in India to provide IT support to countries in this region. The Group will provide the "front-end" customer installation and service support backed by
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      Page 2 Advertisements Column 2
      85 2 II I Irl MEm HxS H I Heartiest Congratulations I and Best Wishes I Compaq Asia Pte Ltd I II H the occasion of your J II I official opening f I on sth October 1990 I I ill I I I *****111 UMW EQUIPMENT SYSTEMS PTE LTD I I
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Malaysia Airlines considers issuing foreign bonds
      512 3  -  From William Chia in KUALA LUMPUR MALAYSIA AIRLINES is considering the issue of foreign currency bonds to finance part of its M55.5-billion five-year modernisation programme. A company spokesman told BT yesterday that it has received proposals from foreign financial institutions like Salomon Brothers to
      512 words
    • Article, Illustration
      SPC issue draws keen foreign interest
      403 3  -  By Genevieve Cua THE KUWAIT Investment Office (KIO) has been allotted the bulk of the shares that Singapore Petroleum Company (SPC) put up for foreign subscription. KIO signalled its keen interest with a bid for all the 80 million shares that SPC offered to
      403 words
    • Article
      Lock icon AMDB offers entitlement in AMFB to shareholders
      257 3 Bernama ARAB-MALAYSIAN Development Bhd has proposed to oflfer its entitlement of 14.24 million shares in ArabMalaysian Finance Bhd in favour of the former's shareholders. In a statement released in Kuala Lumpur on Wednesday, AMDB said the offer would be 7.48 million shares out
      Bernama  -  257 words
    • Article
      Lock icon Antah in venture to buy US oil tools business
      374 3 Bernama ANTAH HOLDINGS Bhd has entered into a joint venture with PT Rismar Transindo Nasional of Indonesia to acquire the entire oil tools operation of Houston-based Pool Services Co for US$26 million. Managing director Tunku Imran Ibni Tuanku Ja'afar said yesterday
      Bernama  -  374 words
    • Article
      Lock icon DMIB expects M$1.5m gain from divestments
      330 3 Bernama THE PROPOSED disposals of Aliph Footwear Sdn Bhd and DMIB Healthcare Sdn Bhd are expected to realise an extraordinary gain of about Msl.s million for DMIB Bhd, according to chairman Datuk Seri Syed Nahar Tun Syed Sheh Shahabuddin. In a circular to shareholders
      Bernama  -  330 words
    • Article
      OUB sets up separate factoring unit
      261 3 OVERSEAS Union Bank is stepping up its factoring business through the set-up of an independent factoring arm, OUB Factors, with subsidiary Overseas Union Trust to tap both the domestic and international markets. In an announcement yesterday, OUB said the new venture will have an
      261 words
    • COMPANY BRIEFS
      • Article
        DBS Bank to hold EGM next month
        86 3 DBS BANK will hold its extraordinary general meeting of shareholders on Nov 6 to approve the amendments to its articles of association. These are to help it comply with the Monetary Authority of Singapore's ruling limiting foreign ownership of banks to 40 per
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      • Article
        OCBC 38.9pc foreign owned
        53 3 FOREIGNERS owned 38.9 per cent of the issued capital of OCBC Bank as of yesterday. They also own 27.65 per cent of its warrants '94 and 29.46 per cent of warrants '95. On the other hand Tat Lee Bank was only 8.33 per cent foreign owned
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      • Article
        M$17m income from Lot 10
        62 3 TAIPING Consolidated Bhd said the projected annual gross income for Lot 10, the new shopping complex along Jalan Sultan Ismail in Kuala Lumpur, is approximately MS 17.2 million. Taiping Consolidated, which has proposed a merger with Mayang Sari Sdn Bhd, the owner of Lot 10,
        62 words
      • Article
        Fa Peninsular appointments
        46 3 FA PENINSULAR Bhd says Datuk Azizul Rahman Abdul Aziz has been appointed a director and non-executive chairman of the company with effect from Sep 19. Che Muhamad Fasir Samsudin has been appointed director and managing director of the company from the same date.
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      • Article
        Pilecon raises Causeway stake
        67 3 PILECON ENGINEERING Bhd has bought an additional 110,000 ordinary shares in Causeway Investment Ltd on the open market, bringing its total shareholding in Causeway to 3.587 million shares or 11.49 per cent of the company's issued and paid-up capital. Pilecon also said its wholly-owned subsidiary, Mancon
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      • Article
        East Asiatic acquisition
        44 3 EAST ASIATIC Co (M) Bhd has entered into an agreement to buy Gunung Segama Sdn Bhd for M 51.05 million in cash. Gunung Segama owns 769 hectares of agricultural land in Sabah which will be developed into an oil palm plantation.
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      • Article
        KLSE listing for 3 brokerages
        127 3 THE MALAYSIAN Capital Issues Committee has given approval to three more stockbroking firms for listing on the main board of the Kuala Lumpur Stock Exchange, Deputy Finance Minister Datuk Wan Abu Bakar Bin Wan Mohamed, confirmed on Wednesday. It had been reported recently that three
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Lion says delay reduced Bond's purchase price
      425 4 Reuter NEW ZEALAND brewing group Lion Nathan Ltd has disclosed that the 16-month delay to its purchase of a 50 per cent share in Australia's oond Brewing Holdings Ltd has saved it money. u "We have concluded a deal substantially better than that
      Reuter  -  425 words
    • Article
      Dao Heng profit rises 68pc to HK$173m
      353 4 DAO HENG HOLDINGS has posted a 68 per cent rise in consolidated audited profit to HK$ 173.3 million for the year ended June 30. The South China Morning Post reported on Wednesday that the group result, which compared with a gain of HKS
      353 words
    • Article
      Lock icon Bid to boost Taiwanese investment in Germany
      127 4 AFP TAIWAN'S Economic Ministry is drafting measures to encourage businessmen to invest in Germany and seek bilateral economic and trade cooperation. Economic officials in Taipei said yesterday that the ministry would offer easier financing and lower tariffs and relax foreign exchange controls to
      AFP  -  127 words
    • Article
      Hongkong group to finance renovation of Burma's hotels
      261 4 IN THE FIRST consortium of Hongkong companies to take on a project in Burma since the military crackdown in 1988, four parties will finance the US$3O million renovation of one of South-east Asia's grand old hotels, the Strand in Rangoon. The South
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    • COMPANY BRIEFS
      • Article
        Sumitomo in Indon alloy joint venture
        81 4 JAPANESE TRADING FIRM Sumitomo Corp will launch a joint venture by the year-end in Java to produce aluminium alloy for use in car parts. A spokeswoman in Tokyo said on Wednesday that PT Imelda Udama, capitalised at US$2 million, would be owned 20 per
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      • Article
        Hardie to buy sprinkler firm
        89 4 JAMES HARDIE Industries Ltd has agreed to buy US sprinkler system firm Garden America Corp from Black and Decker Corp for US$4O million. It said in Sydney on Wednesday that the deal, to be completed by Nov 30, would double James Hardie's irrigation activities in
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      • Article
        N Yusen buys into US rail firm
        75 4 NIPPON YUSEN, a Japanese shipping company, acquired a 5 per cent stake in US railroad company Rio Grande Industries Inc on Sep 30, a Nippon Yusen spokesman in Tokyo disclosed on Wednesday. But he declined to give details on the purchase price. Nippon
        75 words
      • Article
        Infrastructure investment plan
        96 4 ITALIAN-THAI DEVELOPMENT CORP, one of the region's largest building contractors and the flagship company of the Italthai group, will invest in large infrastructure under long-term government concessions as a means to reduce its risk exposure in the building sector. The Nation reported. The company, one of the
        96 words
      • Article
        Proposal for refinery venture
        83 4 THE CHAIRMAN of sefni-state-owned oil refiner Thai Oil Co, Kasamc Chatikavanij, has proposed that the development of a new oil refinery project in Thailand should be carried out jointly by a group of oil firms operating there. The Bangkok Post named Shell, Caltex, Esso (currently pursuing
        83 words
      • Article
        Matsushita in talks with MCA
        58 4 MATSUSHITA ELECTRIC INDUSTRIAL CO yesterday confirmed that it is negotiating with MCA Inc, the US entertainment company, on a possible business tie-up. The announcement follows press reports that Matsushita would likely purchase MCA's film and music divisions for US$6 billion, the largest sum ever paid
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      127 4 We put our hands together for '•f r »,v. y-. Toi Compaq Asia. 1 < M v v A warm round of applause from the Mitsubishi Electric Corporation and Melco V s" r -> 4fi&. J\ #V* •-,'-*'u. V-» '-x <£&** -*v jdjjs«&* <"'"• ws£k «29KTi( Sales (Singapore) Pte Ltd
      127 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Harrisons profits edge up 2pc to £57.5 million
      448 5 Reuter CHEMICALS to plantations group Harrisons and Crosfield pic raised first-half, pretax profits by two per cent to £57.5 million, but warned it was in for a difficult second half, in line with most of British industry. The pre-tax figure was in
      Reuter  -  448 words
    • Article
      Lock icon Kinetica, Powergen join up against British Gas
      300 5 FT KINETICA, a gas marketing company owned jointly by Conoco, the US oil company subsidiary of chemicals group Du Pont, and Powergen, the soon-to-be privatised UK power generator, has signed a big North Sea gas deal to become a strong competitor against British
      FT  -  300 words
    • COMPANY BRIEFS
      • Article
        Mercedes steps up cooperation with AMG
        63 5 MERCEDES-BENZ AG, a unit of Daimler AG, has intensified its cooperation with Affalterbach-based tuning firm AMG. Starting from January 1991, AMG products would be marketed directly by Mercedes in Europe and Japan, Mercedes announced in Stuttgart on Wednesday. Mercedes had initially considered taking a
        63 words
      • Article
        Woolworth eyes Towers
        83 5 WOOLWORTH CORP has said its Canadian subsidiary, F W Woolworth Co Ltd, wants to bid on the 51-store Towers Department Stores Inc subsidiary of Oshawa Group Ltd, and sent a letter to the company expressing surprise that it has not been given the opportunity to do so.
        83 words
      • Article
        Kaiser to launch share issue
        60 5 KAISER STEEL RESOURCES INC, the former US steel producer that emerged from bankruptcy two years ago, plans to re-enter the public stock market on Oct 16. The company also announced on Wednesday a one-for-three reverse stock split to reduce the number of shares to be
        60 words
      • Article
        Whitehall ponders stake sale
        105 5 THE BRITISH GOVERNMENT will decide later this month whether to sell 100 per cent or around 60 per cent of the 12 electricity distribution companies of England and Wales. An industry source in London said on Wednesday that the decision to choose one or the other
        105 words
    • Article
      Lock icon GM unit to invest more than US$1b in Europe
      244 5 Reuter GENERAL MOTORS Corp's Automotive Components Group (ACG) plans to invest more than US$l billion in Europe over the next five years, if plans continue as they are on the books, according to GM's executive vice-president, Bill Hogland. He was speaking
      Reuter  -  244 words
    • Article
      Lock icon Federated and Allied unveil recovery plan
      315 5 Analysts and suppliers say proposal is prudent NYT EIGHT AND A HALF months after Tiling for bankruptcy protection, the corporate owners of Bloomingdale's, Abraham Straus, Jordan Marsh and other big stores have presented a sweeping business plan that they say is the first step
      NYT  -  315 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank of Japan boosts liquidity
        67 6 THE Bank of Japan has made 200 billion yen in loans to commercial banks. The funds injection was aimed at helping to cover a revised net 180 billion yen short-term money market funds shortage, money traders said. The shortage resulted from the maturity of 800
        67 words
      • Article
        Goldman sets up fund
        66 6 GOLDMAN, Sachs and Co has formed a large fund to invest in debt-laden companies, becoming one of the first prominent Wall Street brokerages to see opportunity in the excesses of the 1980s. The venerable firm said that since April, it has raised US$6B3 million for the
        66 words
      • Article
        Food group does well
        71 6 INVESTMENT bank Compagnie Financiere de Paribas said profits this year at Guyomarc'h, its 98 per cent-owned food group, are likely to rise by considerably more than 30 per cent and turnover will grow by over 15 per cent. Guyomarc'h earned 111.7 million francs last year on
        71 words
      • Article
        Scotland bank profit up 9pc
        93 6 THE Bank of Scotland said on Wednesday that its taxable profit rose nine per cent in the six months to August to £105.5 million from £96.9 million. The increase came despite a slowdown in the British economy and was in line with market forecasts of
        93 words
    • Article, Illustration
      Lock icon US agency urges banking reforms
      464 6 Reuter CONGRESS should allow US corporations to own banks and throw out antiquated laws that limit interstate banking and the types of services and products banks can offer, federal banking regulators said. Federal Deposit Insurance Corp chairman William Seidman told a House subcommittee that depression-era
      Reuter  -  464 words
    • Article
      Seabanc signs M$22m facility
      240 6  -  By Diana Oon SEABANC KREDIT, a UMW Holdings company, signed a Ms 22 million, threeyear guarantee offshore facility arranged by CIBC Asia yesterday. The facility represents Seabanc's first attempt at raising funds in the offshore market. Seabanc, incorporated in 1981, is 95 per cent owned by
      240 words
    • Article, Illustration
      Lock icon Australia to look into bank competition
      205 6 AFP AUSTRALIA will hold a parliamentary inquiry into bank competition, Australian Treasurer Paul Keating announced yesterday. Mr Keating said a recent Treasury study found that banks' margins had widened since Canberra started to allow interest rates to fall earlier this year. Banks were using
      AFP  -  205 words
    • Article, Illustration
      Lock icon UAL buyout group gaining support from banks
      359 6 NYT THE employee group seeking to buy UAL Corp for US$3.B2 billion has made progress toward its goal by getting banks to commit to lend significantly more than the US$2 billion they have been seeking for the buyout, several people familiar with the
      NYT  -  359 words
    • Article
      Lock icon Societe Generate expects lower profits
      334 6 Reuter MARC VIENOT, chairman of Societe Generale, said he does not expect 1990 to be as good a year for the bank as 1989. Mr Vienot, speaking at a news conference, was not more specific. In 1989, Societe Generale reported attributable net profit of 3.35
      Reuter  -  334 words
    • Article
      Lock icon Merger fever rises among insurers
      387 6 Reuter THE RECENT acquisitions of Home Insurance Co, a unit of Amßase Corp, and Fireman's Fund, a unit of Fund America Co, by European insurance companies signal a growing trend of international merger activity in the insurance market, analysts said. "If you're in Europe, you
      Reuter  -  387 words
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      Page 6 Advertisements Column 1
      138 6 iSK i. f yoUr f "nh er d CW" Mlng Mr v, •X MaV "Hwatton, M' C Vang. m Ma s«. h hu n lnce ftnest ft: SIK uan a RWtI v.- o nw 1 ,o -7-^ Sh red(J d Sauce and I; Pan Sicken with teS r 1 are
      138 words
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      Page 6 Advertisements Column 2
      54 6 I NOTICE OF I RELOCATION I Effective October 8,1990, gl our new location is: 11 I 150 Beach Road #2300 a Gateway West |fl Singapore 0718 1] Our new general contact j|| numbers are: |1 Telephone (65) *****98 '.'•J Fax (65)290 1756 H Telex RS ***** CHEMBK 11 1 Cable
      54 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Sliding US dollar seen to be good for HK exports
      738 7 But a world recession may nullify impact of a weaker American dollar NYT A TWO-YEAR SLUMP in demand for Hongkong's domestic exports should reverse next year if the US dollar to which the local currency is pegged continues to weaken,
      NYT  -  738 words
    • Article, Illustration
      Lock icon The right side of the fence
      46 7 Philippine government troops were deployed at the gate of a Manila military camp \esterday as a red alert was declared after army rebels occupied a military base in Butuan City, 800 kilometres south-east of the capital. Reuter picture Reuter picture
      Reuter picture  -  46 words
    • Article
      Lock icon US, Laos to work closer on drug, MIA issues
      370 7 AFP AMERICAN Secretary of State James Baker met his Laotian counterpart Phoune Sipaseuth in New York on Wednesday in the highest level contact between the two countries since the communist takeover in Laos 15 years ago. Officials from both sides said
      AFP  -  370 words
    • NOTE BOOK
      • Article
        Thai foreign reserves at high of US$13.92b
        88 7 THAILAND'S foreign reserves of gold, special drawing rights and convertible currencies rose to a record US$ 13.92 billion at end-August from US$ 13.44 billion in July and US$9.3B billion a year ago, according to the Bank of Thailand. The August reserves included U*****.7
        88 words
      • Article
        Garuda flights to China
        69 7 GARUDA INDONESIA will start scheduled flights to Beijing before next April. Garuda president director Mohamad Supamo says the airline hopes to fly two or three times a week to Beijing with a stopover in Guangzhou in southern China. Bilateral air agreements had already been completed and
        69 words
      • Article
        Boost for HK emigration
        82 7 THE exodus of Hongkong people ahead of China's takeover in 1997 could Swell by 25 per cent under a new US immigration bill passed by the House of Representatives on Wednesday, analysts said yesterday. The bill, passed on Wednesday by 231 to 192, aims to ease
        82 words
      • Article
        Ban on imported trucks lifted
        66 7 INDONESIA has lifted a ban on imported trucks to ease a shortage of transport facilities. In addition, end-users such as transport companies could now import trucks directly from manufacturers abroad. Previously, only appointed sole agents were allowed to import trucks in completely knocked-down form. The
        66 words
      • Article
        KL pulling in foreign investors
        81 7 MALAYSIA has been acclaimed as the best choice for foreign investors, especially those from Japan and South Korea, according to Trade and Industry Minister Datuk Seri Rafidah Aziz. Western countries, like Sweden, Finland and Belgium, were also turning their attention to Malaysia as a country
        81 words
      • Article
        US-Thai talks on cigarettes
        61 7 IN A SIGNIFICANT TRADE VICTORY for the White House, an international trade panel has determined that Thailand's ban on imported cigarettes is illegal, although it upheld a ban on cigarette advertising, US trade officials said on Wednesday. The US and Thailand have tentatively agreed to talk
        61 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      23 7 >&f-peiZ£tz£ I^l/tr-to^rf"?v&t"es'-' P^EF^HH^K P if mm '^*^L%JLJ <£ <*>€^ TOR LUNCH OR 7H ?fl ff HWT UCftC* SMGAPOtt 10-11 SCOTO ROAD. 1188 TELEX M4IS TELEFAX:
      23 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        European arms treaty makes headway
        69 8 AMERICAN Secretary of State James Baker and Soviet Foreign Minister Eduard Shevardnadze reached agreement on Wednesday on all major issues of a landmark treaty that will drastically slash non-nuclear arsenals in Europe. After a fivehour meeting the ministers told a joint news conference that only
        69 words
      • Article
        China is next for Seoul
        100 8 SOUTH KOREA, having just established diplomatic ties with the Soviet Union, is aiming at normalising relations with China next year, the Yonhap News Agency reported yesterday. The agency said Foreign Minister Choi Ho-joong, now in New York for the UN General Assembly session, told Korean
        100 words
      • Article
        Federal rule in Punjab extended
        104 8 THE INDIAN PARLIAMENT yesterday approved a Constitutional amendment to extend federal rule for a further six months in Punjab, where Sikh militants are fighting for independence. Home Minister Mufti Mohammed Sayeed told the legislature, the Lok Sabha, that conditions did not favour a return to
        104 words
      • Article
        Car sales in Japan at new high
        84 8 NEW CAR SALES in Japan rose by 5.4 per cent from a year before to an all-time high of 2,897,700 units in the six months to September, the Japan Automobile Dealers Association said on Wednesday. It was the third year in a row
        84 words
      • Article
        US factory orders up 1.8pc
        69 8 AMERICAN FACTORY ORDERS rose an unexpectedly strong 1.8 per cent in August as domestic oil refiners benefited from Iraq's invasion of Kuwait, the Commerce Department said on Wednesday. Analysts said the strength of orders in August did not reflect a fundamental gain but was a
        69 words
      • Article
        Japan donates US$5m to Peru
        69 8 JAPAN DONATED US$5 million to Peru to improve farming conditions in an area of the Huaral Valley populated largely by Peruvians of Japanese descent, officials said on Wednesday. The money will be used to develop farming and production in the coastal area of the Huaral
        69 words
      • Article
        Romanian leader to visit China
        69 8 PRESIDENT lon Iliescu of Romania is expected to visit China next month, the first European head of state to set foot in Beijing since the crackdown on pro-democracy protests 16 months ago, diplomats said on Wednesday. Mr Iliescu will combine an official visit to China
        69 words
    • Article, Illustration
      Lock icon Fed chairman gives thumbs up to budget compromise
      568 8 Hopes of interest rate cut if Congress approves accord NYT THE US BUDGET agreement to cut the federal deficit was endorsed as "credible" by Mr Alan Greenspan, chairman of the Federal Reserve, raising hopes of a cut in interest rates if Congress
      NYT  -  568 words
    • Article, Illustration
      Lock icon House approves immigration law changes
      424 8 NYT AMERICA'S House of Representatives has approved broad immigration law changes that seek to open the nation's doors to three-quar-ters of a million people a year, particularly educated workers with technical and managerial skills. By a vote of 231 to 192, the House approved legislation
      NYT; Reuter picture  -  424 words
    • Article
      Lock icon Economic realignment in Asia expected
      771 8 The Gulf Crisis AP THE CRISIS in the Gulf is set to spur an economic realignment in Asia, with important implications for businessmen on both sides of the Pacific, analysts say. The troubles already have clipped the wings of Asia's "Little Dragons", slowing economic growth
      AP  -  771 words
    • Article, Illustration
      Lock icon OECD countries likely to take a US$30b knock
      216 8 AFP THE GULF CRISIS could cost the Organisation of Economic Cooperation and Development countries US$3O billion over a year, said OECD secretary general Jean-Claude Paye. The figure was based on an average oil price of US$25 a barrel, Mr Paye said. "While
      AFP  -  216 words
    • Article
      Lock icon US studies loan guarantees for Moscow
      313 8 NYT THE BUSH Administration is considering whether to make federal guarantees of commercial bank loans immediately available for Soviet purchases of American goods, even before the enactment of Soviet emigration •aw President Bush has set as a condition for tariff concessions. A senior administration
      NYT  -  313 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      244 8 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT FOREIGN SHAREHOLDINGS Notice is hereby given that in the opinion of the Directors as at 4 October 1990 and in accordance with the Articles of Association of the Bank (a) the percentage of foreign shareholdings in the Bank's issued
      244 words
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      Page 8 Advertisements Column 2
      328 8 NOTICE In the matter of The Companies Ad Cap. SO and In Vm matter of TOMG MENG ROLLING MILL PTE LTD (Members' Voluntary Wincing Up) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street »06-06. Chinese Chamber of Commerce Industry Building, Singapore
      328 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      946 9 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND IN THE MATTER Of CONCEPT MEDIA PTE LTD (In Member* Voluntary Liquidation) At an Extraordinary General Meeting of the Company held at 9 Penang Road *12-00 Supreme House, Singapore 0923 on 27 September 1990. the following Special Raaoiutiora were
      946 words
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      Page 9 Advertisements Column 2
      617 9 IN THE MATTES OP THE COMPANIES ACT, CAP. M AND IN THE MATTER OP CHEONG ON TIN CANS MANUFACTURING COMPANY PRIVATE LIMITED (laeerperated hi Stogapere) (la Members' Vaiutary WWtag.Up) At an extraordinary general meeting of CHEONG ON TIN CANS MANUFACTURING COMPANY PRIVATE LIMITED duly convened and held at 101 Cecil
      617 words
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      Page 9 Advertisements Column 3
      1834 9 0 DBSBANK THE DEVELOPMENT BANK OF SINGAPORE LTD (Incorporated m the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING To: All Shareholders NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held in the Board Room. 46th Storey, DBS Building. 6 Shenton Way, Singapore 0106
      1,834 words
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  • Article
    Investing in perestroika
    491 10 EDITORIAL XNVEST in the USSR? That very thought reminds businessmen of the bad experience they had in communist China not ong ago. With the lure of an untapped market offered by one billion Chinese, they had dashed with vision of huge profits to set up businesses there,
    491 words
  • WHAT THE OTHERS SAY
    • Article
      The test for Germany
      208 10 DETRACTORS OF Germany confuse the two dimensions of the so-called "German problem": German aspirations, which could be legitimate, and the means for their expression, which have to be peaceful for the aspirations to remain legitimate. The test is to find peaceful mechanisms for translating those aspirations
      208 words
    • Article
      New Korean horizon
      156 10 THE COLD War is coming to an end in North Asia. The establishment of diplomatic ties between the Soviet Union and South Korea from Jan 1, 1991 is clearly advantageous to both sides. It can also be seen as a dress rehearsal for what Moscow views as
      156 words
    • Article
      Sino-Singapore ties
      111 10 FORMALISATION OF Sino-Singapore ties is an indication that the region's suspicions of China have been greatly reduced. It also shows that Singapore's external policies do achieve favourable results because they are based on correct principles. Singapore has been able to formalise ties with China under the best circumstances.
      111 words
  • REGIONAL VIEWPOINTS
    • Article
      Ignoring health issues
      149 10 THE DECISION under the General Agreement on Tariffs and Trade (Gatt) that Thailand must open its domestic market to foreign tobacco products is disappointing Thailand has been pushed into a situation in which questions of morality, public health and good sense have been overwhelmed by the greed
      149 words
    • Article
      Crossed lines
      176 10 THERE IS little dispute that Thailand's telecommunications facilities need a major boost. Of the various infrastructural bottlenecks plaguing the country during the economic boom over the last two years, the inadequacies of the telecommunications network seem to be the most acute. This has resulted in all sorts of
      176 words
    • Article
      Learning from Germany
      128 10 A UNITED Germany firmly in the Common Market and the North Atlantic Treaty Organisation has been born. This modern miracle has been made possible by the end of the Cold War and the aspirations of one people. A Germany with 16 states will be more politically diverse
      128 words
  • Article, Illustration
    Lock icon A helping hand on the road to recovery
    1055 10 The World Bank and IMF plan aid to the Soviet Union and China NYT EVEN before the Soviet Union officially comes aboard, the World Bank and the International Monetary Fund are preparing technical assistance and training for the huge job of transforming
    NYT  -  1,055 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      170 10 For Sale. A Top Hotel In One Of New Zealand's Top Tourist Spots. Lakeland Hotel Queenstown -j— l\w key to [.ikcl.ind Hotel *7 contact Michael Allen on S* **********888 f 459 Collins Street, Melbourne. QUEENSTOWN SINGAPORE: Mr Ong Beng Kheong Queenstown is New Zealand's jr Tet *****9622 most popular resort
      170 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      52 10 DOONESBURY BY GARRY TRUDEAfcJ OL, uusfv ru sn, ADC? OFOOFSe'I I AIMJAYS KH£U THAT ONE h am r THE OMVOUANPI WOUU?MXKON ITS JUST f&w? MMTWN6 a creative projecttogethek! tcobap ZSftJ&r KJDQO... ABCLHDON6 IS JUST SO AND NOW HERE UJEARB-ABOUT Tt€CUEtWS j KAMC 10 COLLABORATE ON A H4JGK TV A PIG.
      52 words
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  • ANALYSIS
    • Article
      Diagnostic Biotechnology: A success story
      986 11  -  Singapore is pushing to become a niche player in high-technology biotech by tne year 2000. Money and talent are being poured into research and development projects and joint ventures with foreign partners. Some of these efforts are already starting to pay off. Diagnostic Biotechnology, which
      986 words
    • Article, Illustration
      Ways to develop a biotech industry
      1295 11 Biotechnology, relatively high on the "wish list" of emerging technologies being nurtured by Singapore's economic planners, is something of an anomaly for the Republic. Biotech is a wide-ranging discipline in which Singapore has little tradition or history a fact that tends to neutralise Singapore's
      1,295 words
    • Article, Illustration
      Building on research
      716 11 IN targeting biotechnology as a priority industry, the Singapore government realised early on that the initial priority was to put the building blocks in place. A critical first step was the founding of the Institute of Molecular and Cell Biology. The goal of the IMCB isn't just
      716 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      146 11 ONE PRICE SALE REGARDLESS OF ORIGINAL PRICE ALL SAME BRANDED ITEMS ARE ONE PRICE! ONCE IN A LIFE TIME OPPORTUNITY TO BUY DESIGNER GOODS AT BELOW TAILOR PRICE. LAST FEW DAYS PRINCIPE SUITS MR. VAN SHIRTS AUSTIN REED SUITS STEPHENS BROTHERS SHIRTS EXAMPLE SUITS STEPHENS BROTHERS SHORT MISSONI SUITS SLEEVE
      146 words
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  • FOCUS
    • Article, Illustration
      Tourism boom set to put a squeeze on rooms
      510 12  -  Malaysia's growth industries were the focus of a panel discussion yesterday at the Malaysian Capital Growth Opportunities convention in Kuala Lumpur. Alvin Tay reports TOURISM Alvin Tay Malaysia, enjoying a tourism boom with its Visit Malaysia Year 1990, may not be
      510 words
    • Article
      A key regional player in the making
      409 12 PETROCHEMICALS Malaysia win become a key regional player in petrochemicals, both as a producer and a trader, by the mid»l99os, said Mohd Ali Yasin, the vice-president (manufacturing sector) at Petroliam Nasional Bhd (Petronas). The domestic demand for common plastic resins polystyrene, polypropylene and
      409 words
    • Article
      Association expects bounce in market for solid tyres and belting
      217 12 RUBBER PRODUCTS The president of the Malaysian Rubber Products Manufacturers Association yesterday singled out the production of solid tyres, rubber belting and rubber hoses as potential areas for growth. Tan Sri Arshad Ayub said the three lucrative markets for solid
      217 words
    • Article, Illustration
      Telephone growth rate expected to keep steady at 14pc
      391 12 TELECOMMUNICATIONS MALAYSIA's target of 25 telephones for every 100 people by the year 2000 is achievable given the current growth rate of the Malaysian economy, said the chairman of Telekom Malaysia. Tan Sri Dr Mohd Rashdan Baba said he considers the
      391 words
    • Article
      Second sunrise industry dawns on the scene
      341 12 TEXTILES and GARMENTS THE textile and garment industry has been termed by the chairman of South Pacific Textile Industries Bhd (SPTI) as the "second sunrise" industry of Malaysia. The chairman, Ahmad Mustapha bin Md Hassan, said textile-making capacity has more than tripled since
      341 words
    • Article
      Tropical plywood rolls back demand for logs
      292 12 TIMBER PROCESSING and WOOD-BASED INDUSTRY THE long-term market prospects for logs do not appear to be favourable because of increasing competition from tropical plywood which is being imported into the major logbuying countries like Japan, Korea, Taiwan and China, said Dato Baharuddin Haji
      292 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      85 12 V. -f v,.'. i x "H *> ;Z H 1 USA Focus When it comes to fiashion accessories, the Focus™ attache from Samsonite takes off where your cuff links end. But along with its high-tech European design, Focus is remarkably durable. Which will assure that itH stay in fiashion a
      85 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker overcomes Wilander
      492 13 AP BORIS BECKER pulled his game together after a secondset slump to beat Mats Wilander 6-2, 7-5 in the second round of the US$l million Australian indoor tennis championship on Wednesday in Sydney. Becker won six of the last seven games after trailing 1-4 in the second
      AP  -  492 words
    • Article
      Seed bows out on a day of explosive three-setters
      339 13  -  Honda Kah Men's Tennis Open By Cassandra How ALL THREE remaining matches yesterday leading to the quarter-finals of the Honda Kah Singapore Men's Tennis Open ended in explosive three-setters on a day that saw the departure of the No. 4 seed,
      339 words
    • Article
      Lock icon New US team to compete for America's Cup
      342 13 Reuter A NEW US TEAM sailed to the defence of the America's Cup on Wednesday when millionaire alternative-energy pioneer Bill Koch joined forces with two rival syndicates to compete for yachting's premier trophy. Koch, president of the Oxbow Company, told a news
      Reuter  -  342 words
    • Article
      Lock icon Eric steals show in Padres victory
      173 13 AP ERIC SHOW won the 100 th game of his career and San Diego tied a club record with four home runs against the Dodgers on Wednesday in Los Angeles. After a get-acquainted pre-game clubhouse meeting with new general manager Joe Mcllvaine, the Padres
      AP  -  173 words
    • SIDE LINES
      • Article
        Unhappy Jansher gets into second round
        121 13 WORLD SQUASH CHAMPION Jansher Khan nood into the second round of the Stretch Challenge in Vancouver on Wednesday and then explained why he thinks hit sponsors ought to give him a better deaL The 21-year-old Pakistani's 15-6, 15-3, 15-10 win over the Finnish No.
        121 words
      • Article
        Horse tranquiliser identified
        83 13 BRITISH JOCKEY CLUB scientists have identified the <$g used to nobble Bravefoot and Norwich at the St Lflfee1meeting in Doncastcr last month. It is Acetylpromazine (ACP), a drug more widely employed as a tranquiliser and, the first time it has been detected in racehorses in Britain. An.
        83 words
      • Article
        US Cup team sitting pretty
        69 13 THE US DAVIS CUP TEAM, which needed victories Prague and Vienna to reach the final of this year's competition, could advance to the 1991 final without leaving North America. The US squad will go to Mexico for the Feb IO opening round. If it wins,
        69 words
      • Article
        Dutch cyclist wins stage
        57 13 JOHAN LAMMERTS of Holland edged Graeme Miller of New Zealand to win Wednesday's first stage of cycling's Tour of Ireland, while Greg LeMond dropped out with a stomach infection. Lammerts, who turned 30 on Tuesday, finished the 217.9-km stage at Waterford a second ahead of Miller
        57 words
      • Article
        Graf pulls out of Masters
        70 13 STEFFI GRAF of Germany pulled out of the Nokia M«M>< on Wednesday, dealing another blow to the USssoo,oooft women's tournament that already saw the withdrawal.kjC' Monica Seles. Graf, the top-ranked women's player in tkßj world, was forced to drop out when she came down witfcv
        70 words
      • Article
        US swimming champ dies
        49 13 CHARLOTTE BOYLE CLUNE, who set 21 world swimming and won 60 US national championships iiLi six-year span early in this century, died on Wednesday the age of 91. Mrs Clune, who died at her home in New York, had been ill for several weeks. i
        49 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      232 13 i li g=Baß saanßßa^r jL p jKS r*i //V7"^S\ Different way we go, The way we are. Conceptionally designed INTEST -The new revolutionary non-linear iron clubs are in a class of its own. As opposed to conventional iron clubs, INTEST has 3 distinct concepts in a set of iron clubs.
      232 words
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  • Article, Illustration
    The scent-suous search
    513 14 BT Special Advertising Feature EDOISTE was the brainchild *:0f a team. In the sensuous world of fragrance, the team is dubbed the "eye and the nose". In the real world, they are the creators of the scent, and of image that the perfume becomes. "Z. Jacques Polge
    513 words
  • Article, Illustration
    Egoiste makes an impact
    221 14 TODAY marks the beginning of the 10-day launch of Chanel's Egoiste to the Singapore public. At selected department stores, shoppers will be greeted by Egoiste arches, banners, posters and window displays, all emblazoned with the boldly elegant Egoiste logo and product, inviting them to sample the
    221 words
  • Article, Illustration
    A surreal adventure
    519 14 To demonstrate what he has imagined, Jean-Paul Goude took of models and production staff to the heart of the Brazilian ji The result? A bold and daring film, well worth the effort a team angle. JEAN PAUL Goude accepted the challenge. Fresh from successfully crowning the French
    519 words
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  • Article, Illustration
    A fragrance for the Egoiste in Man
    353 15 A spicy, woody and vanilla fragrance, Egoiste reveals at each step of the unveiling, a personality sure of itself and capable of the deepest emotions EGOISTE was born out of a certain way women have of looking at men. A fragrance that starts
    353 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      234 16 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, PINE AND ENTERTAIN WHERE TO WINE, DINE™. Some like it hot. I J im IPCPBM B.S 1 Spicv Szechuan dishes served at lunch and dinner dailv in the cool. inviting atmosphere of Szechuan Court. Reservation,33o 8310 or 338 8585 ext *****/6.
      234 words
    • Advertisement
      Page 16 Advertisements Column 2
      347 16 Routed Peking Duck I 1 I i- l r 4. Red Ftsh with Soya Bean Crumbs 90 1 6. Season Vegetable with Tongue clam I -•i-t 7. Chilli Bean Curt) in Hot SinSng Plate I g£t 8. Pu-Tten Fried Ml Fen I /g*| 9. Maple Leaf Special Dessert MAPLE LEAF
      347 words
    • Advertisement
      Page 16 Advertisements Column 3
      229 16 Have Poolside "BBQ Buffet" boidts wtAuti Plaza Hotel •Both buffets served from Fridays to Sundays 630 pm to 1030 pm TETE^-TCTE Tfreat yourself to our HIGH TEA BUFFET which features over 20 dainty items. Indulge in exotic Thai dessert or other delectable savouries. Then there's coffee and tea to finish
      229 words
    • Advertisement
      Page 16 Advertisements Column 4
      309 16 HK3 PERFORMED DAILY AT /C THE PINE COURT L- j iMH Amidst Imperial splendour. our chets 1 AMM stage their Nghiy-acdalmed performance Hi I f'jßl I of legendary Bering cuisine to the satis- I 3fJ 1J taction of demanding dtners.To guarantee Pr.' J TfH your place amongst the discerning, make
      309 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      511 16 TELEVISION AND RADIO t N^ business on radio Going behind statistics ssss®=— STa'Sl rea/Basketball: Japan v rounding him. (Final, L). 5.30pw» 3.25 a«». Financial i UteSTteMS Diving t-20 Friday lackgraaai (See Our J5 IKMNO 5,92.4 mHz hi VNF Band N 'iJlflHh (U 900 Nwwet Mm. 0.45 VM Sad Religious pro-
      511 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Fairy tale turned tragedy
      798 17  -  The Grimaldis of Monaco suffered another shattering blow when Princess Caroline's husband was killed in a speedboat crash on Wednesday. Marilyn August reports Marilyn August AP WHEN Grace Kelly married Monaco's prince, they seemed like lovers favoured by the stars in an old romantic tale. Now,
      AP  -  798 words
    • Article, Illustration
      Lock icon No slouch in a hungry world
      503 17 The humble, much maligned spud has its stout supporters AP PORTRAYING lazy people as "couch potatoes" is a libel on a vegetable with an important role in feeding a hungry world, say participants in a conference on the future of the potato. "The potato
      AP  -  503 words
    • Article
      Breakfast with Hepburn at Tiffany's for a price
      481 17 BREAKFAST at Tiffany's starring Audrey Hepburn was a hit movie in 1961, but these days the meal can be had for the high bid at a celebrity auction. For the right price, a buyer can enjoy breakfast with Miss Hepburn at the
      481 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      291 17 AND ENTERTAIN American Classics. Only At The Hubertus Grill. AMERICAN MEAT PROMOTION At bsettembeiitomoctokriwo DINNER: 7 PM TO 10.30 PM FEATURING AN A LA CARTE MENU ALSO. STERUNCSCT DINNER PORM.OO.. FOR RESERVATIONS. PLEASE CALL 731 IBS EXT IS* flfe ALL PRICES SUBJECTTO 10* SERVICE CHARCE AND CESS. ♦jk P SPONSOR
      291 words
    • Advertisement
      Page 17 Advertisements Column 2
      215 17 mm 188 > KM /< I* PlsB2B Mora for 10. 0 luart Martefl Cordon Bleu. B Inlghdy. Advance order* required.) A lonA flirnn (nf |ft. I Q 111 11 Chlvaa Regal or Mwtefi VSOP. 9 ?K* $288 Menu for f. Sv' Free quart drive* Regal or Martefl VSOP. $138 Menu
      215 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market chalks up year's lowest turnover
      4403 18  -  By Quak Hiang Whai TRADING ON the Singapore stock market came almost to a standstill yesterday with a dismal year-low turnover of about 17 million units. The local bourse was plagued by a lack of buying interest and fresh news on the international scene
      4,403 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4110 19 Mam Board Jurong Eng SO* 194 +13 +7.2% GE Life 1280 +10 0.8% SLA 200 1060 +10 +1.0% Inchcape 390 +8 +2.1% CMB Packaging 260 +8 +3.2% Acma 176 +7 +4.1% S Finance 135 +7 +5.5% Spore Bus 500 446 6 +1.4% Roth Inds 50*
    4,110 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      78 20 fimprnj Ml Yaar Graap Nat N«t Minings Grass mm to prallt/laaa (L) par sJura divMand (••00) (carts) MT Sap 28 ton 90 $773(1516) 254.2(169.6) 150(100) ItoHGtes Sap 26 Mar 90 $7.379(J5.796) 15.4(12.2) 5(5) 5m* Span Sap 25 ton 90 $28,405 ($24,484) 6.5(5.5a) 18.8(12.3a) RasMdHnsaM Sap 24 May 90
      78 words
    • Article
      PRELIMINARY RESULTS
      219 20 CwpH) Date Yaar Qraa»pra-tax Nat aaralat* 6rau mm to pnM/tm (L) par slur* iMiiwi ('000) (caats) Tart CMMrt Oct 2 )un 90 MS37.040(S23.153) 15.4(10.9) 15.2(8) Sap Vita Sap 29 Jm 90 *.107(14.026) 23.8(11.5) 8(5) >SM Sip 79 Jm 90 $5,092(13.931) 32.3(213) 12.5(10) •fc*Ta Sip 29 Jm 90 $16,913(838.378)
      219 words
    • Article
      CORPORATE DEVELOPMENTS
      326 20 Oct 3 Horigudi Engineerint Co has bed-up with Singapore Shipbuilding Engineering Ltd and an Indonesian partner to supply precision engineering services in Indonesia Nkko Securities will be the first cross-border scripiess counter m the world when it is quoted here from Oct 9. Singapore Mm signed a US$5
      326 words
    • Article
      DIVIDENDS ANNOUNCED
      1002 20 famrt h M$ Tjtd tor TiMlv fern 5%TE(I) Oct 19 Oct 31 No* 15 5%TE M08 25% Sep 14 Sep 28 Oct 27 2 5% 2% mm 10% Sep 21 Oct 5 Ptov 1 10% 75%0) Mih 6%(b) No* 22 Dec 6 Dec 28 6% 6% ftvto 7
      1,002 words
    • Article
      INTERIM RESULTS
      371 20 Caapaay Bato Myw Imp pre-tax interim mm to preflt/to»» (L) dhrMwri (•000) M Mwwcas Oct 2 Jm 90 M86.231L(87,645l) kmoMst BM S* 21 ton 90 M8490(S364) Mamaa Corp Sap 29 ton 90 M81.471L(8154) Acm Sap 28 ton 90 86.195($3.101L) 5TE(-) MM totals Sap 28 ton 90 fS49(J943) Causeway
      371 words
    • Article
      RESULTS DUE
      273 20 5lf»iri Stocks Last Fri Yaar Caspar Parid Mi Tar M EPS baas M w r*» (no#) lea* Haal mtenrr Mar 30 Dk 89 5351(h) Mrs Mi Mm A* 11 Mar 91 4.0 2.1 3.471(0 MM SIS Men* A* 31 Dec 90 15 666 91 Fad Sep 19 Jun
      273 words
    • Article
      APPROVED ISSUES
      434 20 Company Rights him MaM Otygaa On*tor-one MSO 80 par stare feghts ant at $100 noma* mount ot St Redeemat* Unsecured Low Stock 1990/1995 «li ont Transfer** Sutecnpton nghts tor every ten easing stares Iwld. Ei-date: ta| 23 Books dose Sep 6 Acceptance i Payinewt Oct 19 Una Mi
      434 words
    • Article
      BONDS, LOANS & WARRANTS
      576 20 BONDS, LOANS WARRANTS PC 81 Baton 2fc/4/S3 1 —ft U08 ait CmmtR 2/10/0 to 20/10/94 1 am* pto a* 1 a—to 0m SI —at o< I—atoafc. cto-o»»to Owipl Ito* 87 to 31/12/81 136 —iti pto H35 ctoi 0—8*804 1/t/M to 29/7/9* 1 —ft ptoOoivl aarrt jto <lwii—IHifc Oplata* Or Dm
      576 words
    • Article
      RECORD HIGHS & LOWS
      121 20 RECORD HIGHS LOWS HT Cooioosrte Index ST Indeitrleh Un 1435.43 (16/7/30) J" <27/3*0) im rSl/lfffl 1«776 (26/12/0) 190 IMt 1322.00 (28/12/89) Si! /«/i/»q 190 tar 917.42 (4/1/89) j*® /J/iyS 19SS Nrft 1043-86 (8/8/88) HH? /5/i/2! 1981 tar ***** (4/1/88) J*!TL. 1S7 M-lm M0t 1435.43 (16/7/90) 2225 Ma tar 6483 (29/6/65)
      121 words
    • Article
      PROPOSED ISSUES
      368 20 Company Rights Issue One-tor two Mil 00 per start Issue ol 40m Cwnulativc Redeemable Preference Stares ol MJO10 each at M$1 per stare wrtti 10m detachable TSR Mta, ftetortour fe IC2 00 per stare CjMvav Captal redttton sOttm to rate* par valve ol stares trom $1.00 to |0
      368 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      70 20 m m I V', \inCLl* i- Sill X wttT fl B Eallßßm&sPi^r g//g JB I Kg«3H ..•"•:s' s y:>Ss^;^''^^^BP^^§§';® JHL -v. Tomorrow, 400 Maloy-Muslim professionals meet for a two-day convention that will set the direction for Singapore Malays in the next 25 years. j. What are the aims and recommendations?
      70 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market closes mixed on late bargain-hunting
      3644 21 Bernama SOME late bargain-hunting helped Malaysian share prices to inch up from the day's lows and end on a mixed note in very thin and cautious trading yesterday. The KLSE Composite Index recovered from a low of 466.27 at 3 pm to Finish at
      Bernama  -  3,644 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      250 21 TELEPHONE: 730-5937/5902/5942 Fj^JCj^M_4j-4_9_B_E j 1 DESIGN MANAGER This is an excellent opportunity for a high-calibre Engineer to join a well- fBl B|||| established construction group at senior management level It is currently enjoying ||pB I |i| a very substantial volume of business in the region and the immediate and longer-
      250 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Index-linked selling sends prices lower
      2226 22 Reuter TOKYO stocks closed lower yesterday as indexlinked selling overwhelmed buying by trust funds and foreign investors. Share prices slid downward in thin volume, nudged along by rebounding oil prices and general concern over the standoff in the Middle East. The key 225-share Nikkei index
      Reuter  -  2,226 words
  • Article
    STOCK EXCHANGE OF HONGKONG
    1845 22 The Hongkong market was closed yesterday for the Mid-Autumn Festival HKS High Vol Low 0000) Allied Ppt W90 Allied Ppt W93 Allied Ppt Allied T.W Allied Tw W92 0.25 0.64 1.34 0.77 0.16 -.050 -.060 -.030 -.002 0.66 1.38 0.80 0.16 0.64 1.33 0.75 0.16 140
    1,845 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      33 22 C*inqaporo Q^BusinessJy\wards imes A Businessman of the Year Award Enterprise Award Outstanding Manager Award Have you sent in your nominations yet? Closing Date: October 20,1990 Cal Kay Liew on 344-8955 for more details.
      33 words
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      Page 22 Advertisements Column 2
      17 22 Read Chartpoint, i a guide to investing in the stock market. i Every Saturday in Business Times
      17 words
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  • REGIONAL STOCK MARKETS
    • Australian stocks dip to 31-month low
      • Article
        AUSTRALIA
        986 23 THE AUSTRALIAN share market dosed at its lowest level in 31 months yesterday after tracking the Nikkei's downward spiral in Tokyo. Brokers said the market was led down by industrial stock which suffered under the weight of losses in blue chips initiated by the offshore sell-off of BHP shares
        986 words
      • Article
        Untitled
        83 23 Close tmhrn Oct 4 SYDNEY All Ordinaries Index 1.368.5 1,385.4 -16.9 All Industrials Index 2,028.8 2,055.4 -26.6 All Resources Index 852.9 862.3 9.4 Turnover (million) 94 61.76 +32.34 BANGKOK SET Index 671.99 713.85 -41.86 Turnover (million) NA 64.8 JAKARTA Composite Index NA NA Turnover (nearest *000) NA NA HAIKU Composite
        83 words
      • Article
        BANGKOK
        659 23 THAI stocks finished lower on speculative selling fuelled by rumours about a possible a cabinet reshuffle, brokers said. The SET Index fell 41.86 points to end at 671.99 on 2.3 billion baht turnover. Losers led gainers 155 to 3. Most active were North East Products, Star Block and Asia
        659 words
      • Article
        MANILA
        492 23 PHILIPPINE stocks plunged across the board as traders rushed to sell after rebel soldiers seized two cities on southern Mindanao island, brokers said. The Manila Stock Exchange composite index fell 34.27 points from Wednesday to close at a 41-month low of 515.39 points, the lowest since it hit 512.98
        492 words
      • Article
        TAIPEI
        374 23 THE Taiwan stock index ended higher after investors, lacking fresh Gulf news and seeing a downward trend in oil prices, decided to buy in in the last half hour, dealers said. The weighted index rose 32.30 points (1.2 per cent) to 2,626.05 against Tuesday's 2,593.75 close. Wednesday was a
        374 words
      • Article
        Untitled
        318 23 la local fifty la SI la US$ S day year fay y«ar fay year Oct 3 lafax chaay chaagt rtiagi thaage Oaap ch—gt World .349.1 -0.1 -24.9 0.0 -27.0 0.0 -21.2 ♦EAFE 462.8 -0.4 -32.0 0.1 -31.8 Ol -26.4 Europe 369.6 0.2 -18.0 0.7 -13.9 0.7 -7.0 Pacific 753.2 -0.8
        318 words
      • Article
        JAKARTA
        552 23 PRICES on the Jakarta stock exchange closed mixed, with the Jardine Fleming Index easing to 105.71 from the previous 106.96. Cigarette maker Sampoerna dominated the big board, which trades lots Of above 10,000 shares, with a turnover of 3.91 million shares. It eased 150 rupiah to 9,100. BDNI Bank
        552 words
      • Article
        NEW ZEALAND
        381 23 NEW ZEALAND shares ended lower on moderate turnover and brokers s6t no immediate respite from the-present lack of interest. "Buying and selling interest has just evaporated," one broker said. Prices eased throughout the day, more on apathy than on selling. "The mood is wrong. The market is not
        381 words
      • Article
        Untitled
        691 23 Seoul Oct 1 Woa COO) A nam Electric Ind 161 +1 Anam Ind 223 2 Ankuk Insu 222 I Asia Cement 239 unch Asia Motors 196 +2 Bank Of Che Ju 144 I Bank Of Pusan 112 +2 Bank Of Seoul 87 +1 Byuck San 182 -2 Cheil Sugar 279
        691 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Late selling blitz dents market
      • Article, Illustration
        NEW YORK
        1025 24 A CONTINUED advance in oil prices unleashed several rounds of late afternoon selling in US stocks on Wednesday and drove blue chips to new session lows. Oil for November delivery climbed US$3.5O to U5537.45 a barrel. Futures-related selling accelerated the stock market's fall. The Dow Jones industrial average
        1,025 words
      • Article, Illustration
        LONDON
        993 24 LONDON shares showed small losses right at the opening but moved up almost immediately afterwards. Prices had been expected to ease under the influence of falls on Wall Street and in Tokyo, but were forecast to rally later. "We've all but ignored Wall Street and Tokyo as the market
        993 words
      • Article
        Untitled
        84 24 Oct 3 Close KmiNi NEW YORK Dow Jones 2.489.36 2.505.20 -15.84 NYSE Financial III 89 113.76 -1.87 SAP 500 311.40 315.37 -3.81 Turnover (million) 135.49 188.32 -52.83 LONDON Financial Times 30 1619.00 1,594.1+24.30 FTSE 100 2087.00 2,058.5 +28.50 Turnover (million) 389.9 430.2 -40.3 AMSTERDAM CBS General 172.90 172.70 +0.20 BRUSSELS
        84 words
      • Article
        AMSTERDAM
        383 24 DUTCH shares slipped in thin early morning trade yesterday, following easier prices on stock exchanges abroad and with rising crude oil prices also adding a negative note to sentiment, dealers said. The CBS tendency index was 1.8 points down at 95.0 by 0900 GMT. "We're down in the dumps
        383 words
      • Article
        FRANKFURT
        286 24 WEST German share prices were quoted slightly lower in the pre-bourse and dealers expected they would continue to ease slightly in quiet trade yesterday, following prices declined in New York and in Tokyo. Traders say a moderate retreat in prices today would be a healthy development following sharp gains
        286 words
      • Article
        PARIS
        154 24 FRENCH share prices began lower as operators followed the downward trend set overnight by Tokyo and Wall Street, with a renewed surge in oil prices figuring high on their list of worries, dealers said. The CAC-40 index started 9.23 points down at 1,558.25, then idled in a narrow range
        154 words
      • Article
        BRUSSELS
        183 24 BELGIAN shares started mixed with a lower bias and dealers said trading volume was very thin. They said concern over the situation in the Gulf and a three dollar rise in oil prices in New York last night, plus the costly merger of the two Germanys, were making investors
        183 words
      • Article
        ZURICH
        64 24 SWISS shares opened lower after the falls on Wall Street and in Tokyo, dealers said. The SMI index of leading shares fell 13.8 points, or 0.97 per cent, to 1,413.9 after about 1S minutes of trading. Early trading centred on shares of major industrial companies which could suffer from
        64 words
      • Article
        JOHANNESBURG
        378 24 JOHANNESBURG share prices drifted narrowly in very thin and directionless trading on Wednesday, with movements in the financial rand the only apparent factor influencing price movements, dealers said. The restricted foreign investment currency has shown surprising strength of late in the thin conditions, they said, preventing the market from
        378 words
      • Article
        Lock icon TORONTO
        198 24 Reuter OIL prices erasing most of Tuesday's sharp fall weakened Toronto stocks across the board, dealers said. The gold sector was the only sub-index that rose. "Volatility with no volume... Is the name of the game," Said John Ing, president of Maison Placements. The composite index lost 11.88 to
        Reuter  -  198 words
      • Article
        Untitled
        306 24 Milan Oct 3 Lke Ass Gen ***** -100 Bastogi 257.00 +2 Fiat 6588 -62 Finsider susp IfiPriv ***** -240 Itakementi Ord ***** -110 I taigas 2701 -14 Magneti M Pf 1012 -3 Mediobanca ***** -10 Miralanza Mondadon Priv susp Montedison 1220 +9 Olivetti Old 4225 +155 Olivetti Priv 3002 +102
        306 words
  • Page 24 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar hovers above all-time low against mark in Europe
      1186 25 FOREX MARKET REPORTS THE US dollar was trading just above its record low against the mark in fairly quiet early European trading, with some dealers anticipating a fall to a new low. In Far East trading earlier, the dollar touched
      1,186 words
    • Article
      INTERBANK FOREX RATES
      385 25 Cross rates Oct 4 US$ S$ MS Dm Yen SFr AS NZS USS 1.7540 2.6975 1.5415 135.85 0.5263 1.2830 1.2012 1.6155 SS 0.5701 1.5379 0.8788 0.7745 ***** 0.7315 0.6848 0.9210 MS 0.3707 65.02 0.5715 0.5036 0.1951 0.4756 0.4453 0.5989 Dm 0.6487 1.1379 1.7499 88.13 0.3414 0.8323 0.7792
      385 words
    • Article
      MONEY MARKET
      555 25 Interbank rates SS Bid Offer Overnight 6 3/4 1-month 6 3/8 6 1/2 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 Overnight mode: 5-7/8 US> Bid Offer 7 days 8 3/16 8 5/16 1 month 8 1/8 8 1/4 2 months 8 1/16 8 3/16 3
      555 words
    • Article
      FINANCIAL FUTURES
      1571 25 S1MEX Open High Low Sett Est Vol Op/lnt Vd Dec 90 92.09 92.12 92.08 92.11 7050 ***** ***** Mar 91 92.17 92.19 92.16 92.19 2530 8849 2742 Jun 91 92.06 92.07 92.05 92.07 350 2422 292 Sep 91 91.83 91.83 91.83 91.84 I 617 190 Dcc 91 91.51
      1,571 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Lock icon Malaysia set to boost cocoa output to 273,000 tonnes
      380 26 Reuter COCOA production in Malaysia, the world's fourth largest producer, is set to rise to 273,000 tonnes in the 1990/91 (Oct/Sept) season from 243,000 in 1989/90, officials said at a cocoa seminar. The rise is due to improved yields and more
      Reuter  -  380 words
    • Article
      Lock icon KL expects it will be unable to meet tin export quota
      320 26 Reuter MALAYSIA may not be able to achieve the 28,556-tonne tin export quota set by the Association of Tin Producing Countries (ATPC) for calendar 1991 due to falling prices, a senior industry official said. Hew See Tong, president of
      Reuter  -  320 words
    • Article
      Lack of buyers erodes KL tin price
      860 26 REPORTS THE price of tin eased 10 sen to M 516.31 per kg on the Kuala Lumpur Tin Market yesterday on lack of buyers. Although the metal was steady on the London Metal Exchange overnight, buyers were now looking for a lower level,
      860 words
  • Article
    PRICES
    1341 26 Rubber MM In >■!■■) S cents/kg Noon Clot Int I RSS Prompt I54.5G/I55.50N I54.7VI55.75N Int 1 RSS Nov 90 1 54 2 5/154 7 5 154.50/155.00N int I RSS Dec I53.7VI54.25 154.00/154 50N Int 2 RSS OP 149.50/151.50N I50.00/152.00N Int 3 RSS OP I45.00/I47.00N I45.50/I47.50N Int 4 RSS OP
    1,341 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      723 26 NOTICES THE COMPANIES ACT. CHAPTER 50 Section 290(2)<b) NOTICE OF RESOLUTION INDOSUEZ FUTURES (SINGAPORE) PTE LTD (in Members' Voluntary Liquidation) At an Extraordinary General Meotmq of Indosuez Futures (Singapore) Pte Ltd held at 3 Shenton Way #23-01. Shenton House, Singapore 0106 on the 2nd day of October 1990. the following
      723 words
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      Page 26 Advertisements Column 2
      707 26 la the natter ti Tke Cempaale* Act, Cap. M aad la tfce matter tt Peneaa Tralalag A CearaJtaacy Pte Ltd (laeerperated la Slagapere) At an Extraordinary General Meeting of the Company held at 435 Orchard Road, #17-04/05/06 Wlsma Atria, Singapore 0023 on 27 September 1990 the following special resolution was
      707 words
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      Page 26 Advertisements Column 3
      9 26 Managers must manage. BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      609 27 City FlifW ETA FMftt ETD MaMaM GA894 0010 SRI 87 0135 GA890 2225 RBH GA970 2335 RJ182 1445 Amter*. GA890 2225 0A471 1830 TK572 1800 TK573 2045 Baflkpapaa GA524 0920 Baadar Sari BJ421 1105 lipm ***** 1205 BI429 2030 BI430 2125 SRI 86 1040 QF72 1135
      609 words
    • Article, Illustration
      Fire and brimstone atop a volcano
      555 27  -  LETTER FROM MEXICO By David Noland AT 5,41 Om, just below the summit of Popocatepetl, it seemed as if I'd blundered into the midst of some cosmic quarrel between Lucifer and Thor. Dark clouds swirled. The sulfurous stench of brimstone bubbled up from the
      555 words
    • Article
      MONEY CHANGER RATES
      150 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.450 1.470 Canadian dollar 1.5090 1.5290 NZ dollar 1.0740 1.1140 Sterling pound 3.310 3.330 US dollar 1.751$ 1.7615 Local dollars to 100 uaits of foreign currency Austrian schilling 15.90 16.90
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      46 27 Duration Title Venue Organiser TeJ Oct 1-12 Singapore Business Vancouver. Singapore *****87 Development Montreal. Manufacturers' Mission to Canada Calgary Association Toronto Duration Title Venue Organiser Td Oct 2-7 International Italy Entc Autonomo 1/*****132 Machinery A Fiera Di Rimini Technology Exhibition for Ccramic Industry
      46 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      65 27 T, iWj' "*-s?£■ -w- Ihi huMiio* person s ihi'icc cvcrv luodiv. I 4 I lhur>J.n. VmiriljN jrul Vind-n. It-iting 1 Ml I MW M I l hjnti \irport it hour* Jrul jrri\inc .u I J JL X S -L_ Mcjihrow cjrl\ the follow my morning. d) A' d Find out
      65 words
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      Page 27 Advertisements Column 2
      431 27 NOTICES IN THE MATTER OF THE COMPANIES ACT, i CAP. SO ANO IN THE MATTER OF ORTEM PTE LTD /In H.mhi. (in MVfnDVfl Voluntary Winding Up) At an Extraordinary General Meeting of the members of Ortem Pte Ltd convened and held at 2 Hurtle Square. Adelaide SA 5000. Australia on
      431 words
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      Page 27 Advertisements Column 3
      480 27 IN THE MATTER OF THE COMPANIES ACT, CAP. SO ANO IN THE MATTER OF OREXEL BURNHAM LAMBERT (SINGAPORE) PTE. LTO. (In Member* Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS r (Pursuant to Section 290(2Hb)] fc At an Extraordinary General C Meeting of the Company held at 150 Beach Road #19-05/06 Gateway
      480 words
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      Page 27 Advertisements Column 4
      460 27 IN THE MATTES OP THE COMPANIES ACT, CHAPTER M AND IN THE MATTES OP ANN BEE BUBBEB COMPANY PSIVATE LIMITED (Members' VeluUry N< NOTICE IS HEREBY p 1 GIVEN pursuant to Sec- tion 306 of the Companies Act, Chapter 50 that a Flnal Meeting of the mem- i bers of
      460 words
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      Page 27 Advertisements Column 5
      340 27 IN THE MATTER Of THE COMPANIES ACT, CAP. M AND IN THE MATTER OP ZHEN BAO GOLDSMITH PTE. LTD. (la Members' Valutery UquMaH—) Special Reaatattaaa NOTICE IS HEREBY OIVEN that at an Extraordinary General Meeting of ZHEN BAO GOLDSMITH PTE. LTD. duly convened and held at 1 Park Road, #02-718
      340 words
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      Page 27 Advertisements Column 6
      374 27 IN THE MATTES OP THE COMPANIES ACT, CAP. N AND IN THE MATTES OP DOUGLAS 001 INVESTMENTS PTE. LTD. (IN MEMBERS' VOLUNTABY WINDING UP) At an Extraordinary Oeneral Meeting of the Members of abovenamed Company duly convened and held at No. 5 Shenton Way, #13-00, UIC Building, Singapore 0106 on
      374 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      297 27 1 Top men in the banking LnJ whv LmJ industry (5-5) 9 Hint outside left will make 10 The absolute certainty of a SB jBH HB" ~"|H lF~ 1 I prison sentence (10) A poet's 17 A stone circle to be seen with a friend (4) 18 A small number
      297 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      209 27 Singapore Outlook: Showers over a few areas in the morning Report: Max temp. 31.4 assoc humidity 66% min temp. 25.0"c assoc humidity 93% hrs of sunshine 4.80 rainfall in mm Nil rainfall this mth 1.6 rainy days this mth I World Forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/09 Showers Bangkok 32/24
      209 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      20 27 vNQJ'vc BeeN Sosy this y*nßfrG?e, T coup.... y \r^C.rno<RS..■> \f (jfqßF€>iP...j n c 5) k > EVEMNGITANOAAO CO LTD., IM2-IMO il
      20 words
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  • Article
    Lock icon Saddam makes first known tour of Kuwait
    400 28 The Gulf Crisis Agencies IRAQI PRESIDENT Saddam Hussein took his first known tour of occupied Kuwait on Wednesday as Iran's Foreign Minister said his country would stay out of any military confrontation between Iraq and the US-led multinational forces in the region. Iranian
    Agencies  -  400 words
  • Article
    Lock icon Mindanao soldiers mutiny in possible prelude to coup bid
    388 28 AP HUNDREDS of soldiers mutinied on the Philippines' second-largest island yesterday and declared independence from President Corazon Aquino's government, in what appeared to be the first step of a new coup attempt. The Mindanao island mutineers seized the city of Butuan
    AP  -  388 words
  • Article, Illustration
    Generals at General Motors
    60 28 The visiting Chief of the Soviet General Staff, General Mikhail Moiseyev (centre), and his host, the Chairman of the US Chiefs of Joint Staff, General Colin Powell (right), got a close-up look at the 1991 Cadillac Allante model during a visit to General Motors in Detroit
    60 words
  • Article
    Batam land: Habibie reiterates stand
    395 28 THE INDONESIAN government has reiterated the fact that foreigners are not allowed to possess land in Batam and has said it does not want to see "every square metre of our land appropriated by foreigners all of a sudden". The Jakarta Post quoted Research and
    395 words
  • Article
    Asia-Pac aviation industry heading for boom: Chin Beng
    272 28 ASIA-PACIFICs aviation industry is heading for a boom in the coming decade, despite the Gulf crisis, said Mr Lim Chin Beng, deputy chairman of Singapore Airlines. While "enormous opportunities" exist for aviation in the *****, the single European market and the future
    272 words
  • Article
    UN poised for bigger role, says Kan Seng
    262 28 THE UNITED NATIONS is poised for a more significant role in a new international order, Foreign Affairs Minister Wong Kan Seng said at the 45th session of the UN General Assembly on Wednesday. But for it to be truly effective it must
    262 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      195 28 _4L Baume Mercier GENEVE 1830 1 i SOU IH t AST ASIA u EXHIBITIOH& j, %onnß[nc['9olf The first regional Building Services Exhibition and Conference. Technologically exciting! On show will be the industry's latest technological developments. View the state-of-the-art M&E systems airconditioning and ventilation, fire protection, electrical distribution systems, maintenance materials
      195 words
    • Advertisement
      Page 28 Advertisements Column 2
      9 28 European airlines' profits wiped out Shipping Times Pg 18
      9 words
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      Page 28 Advertisements Column 3
      230 28 Baume Mercier GENEVE 1830 i\ ry/^TP■ v yk j ;'T: Gordon Grill's out to K Mflv surprise... Yet again \|M^: vh I I i *p I MMI fll Saf a I ........Ik. X Remember 1963 when everybody raved about our steaks (and gourmands still do)! Then fame overtook in other
      230 words
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  • Shipping Times
    • Article, Illustration
      Mitsui to invest $4.3b worldwide in three years
      444 29  -  $50 million earmarked for Singapore activities By Selva Kumar DESPITE uncertainty over the Gulf crisis, Japan's shipping giant Mitsui OSK (MOL) is stepping up its worldwide investment plans with $4.3 billion to be spent in the next three years. This is 87
      444 words
    • Article
      Thais worry over new Anera structure
      269 29 SHIPPERS in Thailand are fearful of the Asia North America Eastbound Rate Agreement (Anera) introducing a new surcharge structure which will be even more costly than before. Called the "Grid System", the surcharges will vary according to the distance of offdock facilities from port
      269 words
    • Article, Illustration
      Lock icon ANA sees 20pc growth in international passengers
      399 29 AFP ALL Nippon Airways (ANA) expects more than 1.20 million passengers on international flights in the year ending March 31, 1991, up nearly 20 per cent from 1.02 million in 1989/90, an ANA spokesman said. The company, Japan's biggest domestic airline, forecasts 3.30
      AFP  -  399 words
    • Article
      Lock icon Indonesia removes ban on truck imports
      218 29 AFP INDONESIA has lifted a ban on imported trucks to ease a shortage of transport facilities, a government spokesman said yesterday. End-users such as transport firms can also now import trucks directly from manufacturers abroad, the spokesman said. Previously, only appointed sole agents were
      AFP  -  218 words
    • Article
      ABS group to locate Pacific headquarters here
      447 29  -  By Malini Ta mbyah SINGAPORE has been chosen as the Pacific headquarters of the American Bureau of Shipping (ABS), one of the world's leading ship classification societies. By mid-1991, the Republic will house one of three ABS regional companies covering its worldwide activities.
      447 words
    • Article
      Lock icon FAA orders airlines to inspect B-757 wing parts
      228 29 AP ALL AIRLINES using Boeing 757s have been ordered to immediately inspect a wing part that helps control the plane, the Federal Aviation Administration said. The order was issued after airlines reported finding eight 757s with wing parts that were either defective,
      AP  -  228 words
    • NEWS SUMMARY
      • Article
        Battered United still flying high
        43 29 INDUSTRY observers tend to marvel at the resilience of United Airlines, which, despite manifold odds against it, has regained its position as the biggest airline and one of the most profitable domestic earners in the US Page 2
        43 words
      • Article
        EC airline merger policy grounded
        33 29 PLANS to regulate the increasing number of mergers and joint ventures among the European Community's airlines are grounded following disagreement between Community Commissioners, EC officials said. Back Page
        33 words
      • Article
        Gulf crisis wipes out airlines' profits
        44 29 EUROPEAN airlines said on Wednesday that the Gulf crisis had wiped out the financial benefits of growing passenger traffic and warned that profits could be hit even harder if the price of jet fuel rose again Back Pag*
        44 words
      • Article
        ANL releases new corporate logo
        22 29 AUSTRALIAN Natiohal Line (ANL Ltd) has released a new corporate logo, reflecting a new image Bade Page
        22 words
      • Article
        Nehru port gets help from Bombay
        28 29 INDIA'S Jawarharlal Nehru port (known earlier as Nhava Sheva) has found a new "marketing manager" in its erstwhile competitor, Bombay Back Page
        28 words
    • LOG BOOK
      • Article
        Australian port workers on 24-hour strike
        61 30 AUSTRALIA'S waterfront workers are staging a 24-hour national strike today over a wage claim, an official of the Waterside Workers' Federation of Australia said. An estimated 10,000 waterfront workers will walk off the job, causing disruptions to Australia's main ports. Passenger ships and livestock
        61 words
      • Article
        China tightens airport security
        109 30 CHINA, embarrassed by its worst aviation disaster in more than a decade, has tightened security against hijackers and guerilla attacks at major airports. A senior security official at Beijing international airport said: "We must make sure that all guests here for the Asian Games can feel
        109 words
      • Article
        US, Canada to hold aviation talks
        113 30 US TRANSPORTATION Secretary Samuel Skinner and Canadian Transport Minister Doug Lewis said the two countries will start talks early next year on an "open skies" aviation agreement. The plan, which Mr Skinner said he hopes could be agreed to by the end of next
        113 words
      • Article
        IHI to join GE engine project
        93 30 JAPAN'S Ishikawajima-Harima Heavy Industries (IHI) will participate in the development of General Electric's (GE) "GE9O" jet engine. IHI will take an 8 per cent share, worth about US$llO million, in the programme. It will design anjd develop the engine's low-pressure turbine and main engine
        93 words
      • Article
        Sealink to invest £178m
        93 30 FERRY operator Sealink is to invest £178 million in new ships, port facilities and routes, but will shed 850 jobs in a streamlining operation. Sealink, bought by Sweden's Stena Line AB from Sea Containers Ltd earlier this year, annoqnced the plans at a press conference in
        93 words
      • Article
        Mahsuri to be repaired
        48 30 THE Singapore-registered container vessel Mahsuri, 116,114 dwt, will undergo repairs after suffering damage when it grounded on Sep 13. A survey has been completed and the vessel, refloated on Sep 19 and subsequently towed to Singapore, is expected to be put into a drydock.
        48 words
    • Article, Illustration
      Lock icon Battered United still flying high
      1377 30 Industry observers tend to marvel at the resilience of United Airlines, which, despite manifold odds against it, has regained its .position as the biggest airline and one of the most profitable domestic carriers in the US NYT GIVEN the environment in which it has been
      NYT  -  1,377 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      564 30 Cartwi 001 1 HaniihiMI »t«i DMM4M iA IfcwMMMi l/vuSIl jfliin RVUBW IUH nUIBHil JfWn MM Exxon KG/M*3% V/V M/M M/M PPM method BO/Cinac hnrtj Spec E25 ***** 15 0 0 10 30* 0.10* Spec 035 9911 0 18 0 0.15 30* 0 .10* Northern E*ope 180
      564 words
    • Article
      THE SHIPPING GUIDE
      12316 38 This is a list of ships loading at Singapore for potts around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,316 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        582 45 twd i*i Ik Berth Wwl DeparWe KappeJ Wharves Con Gassan 15A12 K34 06.10/1500 East Crystal 1 K29 alongside 0410/2300 Kota Bertan 41/90 K32 alongside 05.10/2300 Martham Bay 37 K31 alongside 0410/1300 Mudanstan 8 K30 alongside 06.10/1500 Xinheng 9004 K33 alongside 05.10/1500 Enluon Cool 340A K30 04.10/1630 05.10/0300
        582 words
      • Article
        CONTAINER SCHEDULE
        1165 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Record MH«im Wb 9* Voy No Etb/Btr Period Fran To Fran TUitarfrjcM AG03S 06/0100 1 04/1500 04/1659 04/1900 2 04/1700 05/0659 05/0900 Aka Bhum 61S 08/1445 2 Cance Lied 4 Cancelled jN Shamah 74A 06/0700 1 04/1500 04/1659 04/1900 Z
        1,165 words
      • Article
        IN MALAYSIAN PORTS
        431 45 Pit King South Pi rt on Oct 4: Stolt Accord berth 1; Victoria Cob Jberth 2; Bach Dang 12 berth 3; Hung Lee I berth 4; Hong .Soon I berth 7. HtCT: Wah Hai 201 berth 8; Sea Ranger berth 9; No.8 "Donam berth 10; Perkasa berth
        431 words
    • Article
      DAILY FREIGHTS
      1035 45 FEW GRAIN fixtures but hectic ore, sugar and time-charter business featured the freight market on Wednesday. Brokers reported a modest change in sentiment following increased enquiries and talk of firmer rates for handysize vessels on trans--Atlantic voyages. "It's also the time of year when coal tends to go
      1,035 words
    • Article
      Lock icon EC airline policy fails to take off
      288 46 Reuter PLANS to regulate the increasing number of mergers and joint ventures among the European Community's airlines are grounded following disagreement between Community Commissioners, EC officials said. The 17-man EC executive was originally scheduled to discuss on Wednesday a joint policy paper on
      Reuter  -  288 words
    • Article
      Lock icon Gulf crisis wipes out European airlines' profits
      193 46 Reuter EUROPEAN airlines said on Wednesday that the Gulf crisis had wiped out the financial benefits of growing passenger traffic and warned that profits could be hit even harder if the price of jet fuel rose again. "Current growth could fairly be described
      Reuter  -  193 words
    • Article, Illustration
      ANL's new logo seeks to project new image
      161 46 AUSTRALIAN National Line (ANL Ltd) has released a new corporate logo, reflecting a new image. Mr Chris Wilson, regional manager for ANL in Southeast Asia explained that "the new image was all about putting customers first." The major element of the new
      161 words
    • Article, Illustration
      Nehru gets help from Bombay Port Trust
      418 46  -  From Shirish Nadkarni in BOMBAY INDIA'S Jawarharlal Nehru port (known earlier as Nhava Sheva) has found a new "marketing manager" in its erstwhile competitor, Bombay. In an unexpected move, the Bombay Port Trust (BPT) is planning to not only increase its port charges
      418 words
    • Article
      Hyundai targets HK major port, air project
      220 46 SOUTH KOREAN construc- tion giant Hyundai is giving top priority to winning a slice of HKSI27 billion port and airport development scheme, 2 with the Lantau fixed cross- ing its first target. However, the company is 2 considering organising a joint venture because
      220 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      268 29 SSWEE HEME METAL CO PTE LTD 13, TUA3 AVE 14. S4NOAPOAE 22tX TELE* RS 2087« SHMC*>I TEL: *61 5855 (SknM) UICFAX: Ml 2M4 huacsm ret II kn >> cuiTTmi Mtunu CHy <C<n«aMiH«4MMSUh I E£J WaraftouaaTrwdia SMtMte C*>M> ll»—n Mai Trucks HB& Aiio t>u>'. M«. mM A r«p«r anmsH oesign mnovatkm
      268 words
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      Page 29 Advertisements Column 2
      28 29 Contaner Schedule 17 Oady Fraghb 17 Index to Advertisers 3 Stappmt Gwta 10.11 SNps in Port 17 Swppore Tries 17 Veritas report 2 Weather and Sea Conditions 17
      28 words
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      Page 30 Advertisements Column 1
      232 30 APPOINTMENT 3 Wlllt 5 i[ n S 5 General 5 g Manager h Shipping Services, Thailand < H[ JARDINE SHIPPING SERVICES GROUP, with operations throughout Asia, require a General Manager for their substantial and expanding y£~ m business in Thailand. HI wmmm m The current businesses are broadly based, including
      232 words
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      Page 30 Advertisements Column 2
      163 30 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I, Chan Hal Sla of Beacon Lines Pte Ltd hereby given notice that In consequence of purchase of AVQI, I have applied to the Registrar of Singapore Ships, under Section 386 of the Merchant Shipping Act (Chapter 179) In respect of the
      163 words
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      Page 31 Advertisements Column 1
      1991 31 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpnnt Sinnpore 0208 rmn asmssfflr\Sw/J rtMRA G )AROiWSHIPPIIic AGENCIES BHD IsbS Ess'yass tWllcaM f<» Cjuclily IMPORT EXPORT ytwi jvQTACt L»H CHA WFK NYC HFX "mT YtSSEUVOYACE SCP LBH CHA NFK NYC s™. SSmmmm a "S JS m M SSWTAa» M "u A"
      1,991 words
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      Page 31 Advertisements Column 2
      613 31 nm TO ADVERTISERS Pafe Col Page Col ABC Containedine Accord Group Ahrenkiel Liner Albatros Sea-Air Alfred C Toepfer APL A PC Line AFS Arrow Lines ASG A cWarehousing ASXCL Shpg Atlas Lines ASCL ANL Avant Shpg Lines Daichi Chuo DB Turkish Cargo Deugro Djakarta Lloyd Dongnama Line DSR-Lines EAC Transport
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      Page 31 Advertisements Column 3
      2214 31 r VM»I Voy ETA I ETO "Port 'Penang > < DESTINATIONS Singapore Kelang Th.t mm Maran M 900* Closing TMna Feeder by t<o 0400 HAS M f a'co 4 0 CFS— 8/10 23M MRS M Tauro OAK LG6 HOU MEM ATI MIA CHS BAL PHL NYC MOM TOR MAREN M
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      Page 32 Advertisements Column 1
      1219 32 v I H HBH H W ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BENALDER 97/522 8/10 24/10 27/10 29/10 HAMBURG EXPRESS 96/521 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 18/10 12/11 6/11 8/11
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      Page 32 Advertisements Column 2
      602 32 i I DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC II 28/10 8/11 10/11 15/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA i NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Al*o accepting Carta to Cjlljo (Psni) via Valpa Agents:
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      Page 32 Advertisements Column 3
      1493 32 1 M MmmAMMA SMKm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSUVOV SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA u ALG) ROT) HAM) 2 01/10 M^ o 01 11 03/11 07/11 10 11 09/11 11/11 12/11 X ?J'H 07/11 0911 11/11 13/11 13/11 15/11
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      Page 33 Advertisements Column 1
      1690 33 SjgSteamers Maritime Holdings Ltd mP&O I Tf STRAITS SHIPPING! Containers Voy No IPKtaf S pore Is'ton H'bur| B'hmi R-dam left ACCEPTS DUE SAILS BENALDER 37/M2 TOB-Ol 10 07/10 24,10 K/10 21/10 CARGO HAMBURG EXPRESS 91/S1 +T BHUM-07,10 11/10 06/11 31/10 02/11 21/10 05/11 BINTANC SERIA VI7E Bint. Miri. KB Daily
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      Page 33 Advertisements Column 2
      2135 33 TQ: EURQPE TO: FAR EAST SP IN ROM NAM B'HVN FLX SPOKE NK KAO MM BU HANJIN OAKLAND 010W 6/10 23/10 24/10 25/10 27/10 21/11 HANJIN HAMBURG OOK 10/10 14/10 15/10 10/10 CHOYANC GLORY 001W 13/10 31/10 1/11 2/11 4/11 5/11 HANJIN ROTTERDAM W P 11/10 10/10 22/10 25/10 CHOYANG
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      Page 34 Advertisements Column 1
      656 34 Sna CR NBR 11******000-0 EXPRESS SEIII-COMTAIIIEHSMIP SERVICE TR EUROPE ysq»OY S'rOM K OA* ADAH H'«O«C BftOKN ANTW€*P nnwUn S-wu 5/u afu wu jn > FAST TRANSIT TIME ACCEPTINQ BREAKBULK/CONTAMERISEO CARGO to MuoamnL AMo acoaptog cargo to OMHm, Port Said, Port AtonM, Qm, THwto. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO VIA
      656 words
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      Page 34 Advertisements Column 2
      755 34 (ft H A NJIN S port LaHavro R dxn H'hurf B'havan FdoM FEEDER VSL I SIN LINE HAUL LAX OAK HANJIN OAKLANO 010W ClO 24/10 2VIO »10 21/10 29/10 HANJIN HAMBURG «K U/U N POHANG UK «U «U CHOTANG GLORY OUW 13/10 31/10 1/11 2/11 4/U 5/11 HANJIN ROTTEROAM UK
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      Page 34 Advertisements Column 3
      1235 34 J .J .T-J 1 J JTA IPKLSGPHKGKSGKLGPUSHKTOSKSKTYOLAXSFCPTL CHS ML NTC LHV AN* RM OX RK SGP I i growth rc-ob mt iim i*r» vr» una 22/10 24/10 wo a/10 2*m #11 aai »u mi vu w m vu wu I GOtNC MOT Mm— I*lo 20/10 VU w w I CIFTtO
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      Page 35 Advertisements Column 1
      1555 35 1 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS* UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— 2790U8 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.MO3) E 26{403^ H *****87, Penang-(04) *****0, J.Bahru-(07) *****3,
      1,555 words
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      Page 35 Advertisements Column 2
      1218 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 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUNO VESSELS VOTfcg |SPO«t |MAMIU> H«Q>K~ VOYMt iWB WOAII6 HttJRC r*A¥PI nLIWT OTT AwlMAf t Kimiv ntm
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      Page 36 Advertisements Column 1
      1446 36 >J HN"E KAWASAKI LTD. > I EXPORT N. AMERICA PACIFIC SOimi-WEST j I IMPORT N. AMERICA PACIFIC SOUTH-WEST j ss,vsy rit TST r& ss T„ "™K I r£« T %fH lions gate brioge Iwo u/io 13,10 Brooklyn brioge m 4/11 hi tni 12/11 wr w 2 2. £2 $2 &wSw
      1,446 words
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      Page 36 Advertisements Column 2
      1131 36 ftrt PHIII-OMCNT LIN€S PT€ LTD 108 ROBINSON ROAD #07-00 GMG BUILDING SINGAPORE 0106 1 TEL: *****22/*****6JV*****00 TELEX: RS ***** PWLI FAX: *****76/*****38 BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU _j* MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 5^ 6 OCT MONTREAL OTTAWA, TORONTO, VANCOUVER, S*WESTERN ONTARIO.
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      Page 37 Advertisements Column 1
      1595 37 5335 til PACIFIC INTERNATIONAL LINES (PTE) LTD mlmKttl Pt-BujMng, 140 Cecil Street HKXKX). Singaporeolo6. JAKARTA BANGKOK "1 WOY SIN JKT SIN VESSEL VOV SIN BKK SIN OCLTA MAS 17(8 ant 11/1* IS/10 PEGASUS PROGRESS S37N VIS 9/10 13/10 MAI MUI MS 7/10 10/10 10/10 01N 7/10 10/10 14/10 P. I**1**
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      Page 37 Advertisements Column 2
      1109 37 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208 Telex: RS ***** VESSEL VOY SPORE P KLANG S HAMPTON HAMBURG B HAVEN R DAM LHAVRE Katsuragi* 02/517 4/10 29/10 23/10 25/10 22/10 28/10 Benaklef 97/522 8/10 Via Tob 24/10 27/10 29/10 Hamburg Express 98/521
      1,109 words
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      Page 37 Advertisements Column 3
      316 37 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'por* P.Klf Pan P.Gdg MAGWAY VIBW SM In R AVA VIO4W la Pt -A PATHEIN VIO6W 7/M OCT 11/12 OCT HPA-AN VISSW 4/10 OCT PAGAN VI62W 12/K OCT MYOMAYWA VI3IW IMB OCT THEBANKUNE (A e*nric* ot kndrww Shipping)
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      Page 40 Advertisements Column 1
      806 40 M lIIIIIMI jjjj^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN I FIX I BRV ROM ANT I HBC I RST ARABIAN SEN *f043 In Pt 27/10 21/10 21/10 31/10 2/U M. PIECK l/» 1/10 1/U j/ll 2/11 W 2/11 GERMAN UN WFO44 10/10 2/11 3/11 4/U
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      Page 40 Advertisements Column 2
      1163 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM CMBMJMTMN SERVICES T8: FAR EAST PORT KELANG 12/10 19/10 MANILA 13/10 4 20/10 PENANG 12/10 19/10BUSAN 10/10 20/10 BANGKOK 8/10 8. 11/10 TOKYO 11/10 18/10 HONG KONG 8/10 8. 11/10 YOKOHAMA 11/10 18/10 KAOHSIUNG 7/10 8. 14/lOKOBE 11/10 18/10 KEELUNG 7/10 14/10
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      Page 40 Advertisements Column 3
      323 40 LOADING FOW LOADING FOR BUENOS AIRES VCSSCI SPORE cao MN BAMES MVIMO RtO STS VIT PACUA C ISABEL Uflt MOO VII ami MAI OTT VJWU ■osTwttm «u w uiu mv m opt VMGJ DISCHARGING FM BRAZIL ONLY mm] mm. m me atisAN m no in ■osmtN i iiiv »i hi
      323 words
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      Page 40 Advertisements Column 4
      1245 40 to S *1 M W CHINA OCEAN SHIPPING COMPANY TEL: 1 W SKSr FULL CONTAINER LINER SERVICE to* waocosH.P CR NO: :i717W*****1 CABLt COSTARLINE General Agents: OOITAK SUIVPINQ PR LTD vessel/VPY m ROT w AH BW vamfiKn ft* 55!—H*fi—**I—55! WEALTHY RIVB7ISW OWO M/l# M/M 01/11 M/ll *A*C ME/* BRO 87/
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      Page 41 Advertisements Column 1
      776 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA AU IPI Destns 13/10, 20/10 I EUROPE all Ports 8/10, 13/10 BANGKOK 9/10, 13/10 HONGKONG/CHINA 8/10, 12/10 SYD, MEL, ADEL, BRIS 8/10, 16/10 FREMANTLE 11/10, 19/10 MANILA 12/10, 19/10 PKLG/PENANG 10/10, 17/10 Port Katang Branch T*l: 3******/2/3 Fax: *****24
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      Page 41 Advertisements Column 2
      249 41 (Ult RICHFIELD MARINE AGENCIES (S) PTE LTD Sk TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 fHj TELEX: R8 ***** RIBHIP (3 Llnaa) IfWA ETHIOPIAN BHIPPW6 LIMES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IvOY ETA IIOAOINO FO« SPOWE NCTSANET 20WB 2/11 OAHESSALAAU MOMBASA DJIBOUTI ASSAB. MASSAWA ABYOT
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      Page 41 Advertisements Column 3
      812 41 %B|bb PT MASKAPAI PELAYARAN PapuLAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OfTPORE, INDONESIA. MALAYSIA 4 THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****56 WUHM INDONMW MRVKC* -i VSL VOY SIN JKT PAJ SIN
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      Page 41 Advertisements Column 4
      877 41 BANGKOK CEBU/MANILA r vm rSTl —nworwr ——mmon Imaa kk I WWB WIIW g& —*3*. _JHSL S4RI BHUMg 405N Sit W Tin IflO OCITI BHUM 4K 7QO 1100 1300 MAHA BHUM* Sun 700 W* 10/10 SO, ORIENT j 41R 12/10 17QB MHO NANTA BHUM lON Woi MOB Sat 1300 WTI BHUM
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      Page 42 Advertisements Column 1
      965 42 L _mC-MELS SIN6APOREI ami Ttu mtra I www nu mw I TEL: (04) *****6 KK TEL: (068) *****0 TAWAU TEL: (069) *****9 KELANG TEL: (03) *****77 KUCHING TEL: (062) *****3 SKAN TEL: (089) *****2 V N=/\"||j BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (067) *****9 W N
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      Page 42 Advertisements Column 2
      464 42 tea» BLUE STAR LINE ISINGAPORE TO I- NEW ZEALAND AND T/S FIJI I VTTT T.Y CONTAINERISED MONTHLY 9 AIL IN OS I AUCKLAND, NAPIER, WELLINGTON, BLUFF, I AUCK CHRISTCHURCH, dunedin I LYTTELTON, INVERCARGIL, FIJI AND TAHITI I $IN N. PIT AUCK ITT I SSBM& 383 SE SR SS2, I I
      464 words
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      Page 42 Advertisements Column 3
      1174 42 /fSITHONG SOON LINES PTE. LTD. -I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm Iwt leta HP wssbl nt n§— jot KIM SOON LI 39/90E 6 OCT PENANG EQUATOR
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      Page 43 Advertisements Column 1
      698 43 COMPANIA PERUANA de vapores "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCt/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pmn(* P. Ktlang Singapore KAMAL EVE RETT 14/10 Oct THOHASCVCRfTT 2«/2» Oct 2S/31 Oct KARABIEVERETT 05/07 Nov 01/10 Nov We\ "EVERETT ORIENT LINE"
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      Page 43 Advertisements Column 2
      560 43 m PtftACUS L2X Mflt ZM \tOmMXm Q/ll Hfll WWW zm sincAfoti M am zm tokyo 1/12 \*u ixu I*l2 vu zhioat he u/m m tokyo UU wu um \nu wu ZMTMCSTE 12K mi ZMRJSAN WU I*l2 7202 2*02 21/12 m KOfO IX 2401 zm SAVANNAH nfU <fl *1 m Ufi
      560 words
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      Page 43 Advertisements Column 3
      601 43 Msing kwang hang mmmm a tmamportation <pt*> ltd WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 9/10 13/10 JSNWEL Ml/10 I— 14/10 1 VESSEL SPORE BANGKOK A VESSEL a/10 11/10 A VESSEL 10/10 13/10 DESTINATIONS ETA SMOAPOftE 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 ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOV SIN JKT NY POMTIAMAK* TANTO SEJATI 25 IN PT 06/10 DERAJAT 905 06/10 08/10 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 PRASE TIA P23 IN PT
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      Page 43 Advertisements Column 5
      403 43 m yum 7/10 KEELUN6/KAOHSIUNG 6/10 BANGKOK 6/10 MANILA/CEBU 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 Huangpu/Shenzhen/Fuztou/ Xiamen/Xingang/Shanghai SIN ESMPE/M 6/10 LDN/FLX/LVP/SOU 6/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Buigana/Czech. SIN MSA/CANADA 6/10 LOS ANGELES/NEW YORK all IPI points 8/10
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      Page 44 Advertisements Column 1
      637 44 yu CB SHIPPING I MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONT/UNER/LCL/BREAK BULK SERVICE "ANKE" SERVICE SPE LAE MISIMA T'VILLE V.IBSB 26/10 5/11 3/H Mfll BUNKER SURCHARGE EFFECTIVE 1/9/90 TEU U5025.50 B/BULK USD 2.50 LCL USO 1.50 SUBJECT REVIEW BOOKINGS ACCEPTED FOR EAST KAUMATAN Afl n«Ms an mkmm. PLATOU PACIFIC
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      Page 44 Advertisements Column 2
      839 44 VE3SEL/VOY ETA SPORE NAPLES GENOA ILYtCHEVSK MERSIN TRIESTE K.V.U. VIBCW9O 8/10/90 30/10/90 1/11/90 7/11/90 KM. VlB-90W 18/10/90 14/11/90 5/11/90 9/11/90 K.V.T. V2OCW9O 22/10/90 12/11/90 13/11/90 18/11/90 SG. V.19-90W 1/11/90 28/11/90 18/11/90 20/11/90 B.A. V.21CW90 5/11/90 27/11/90 29/11/90 3/12/90 ALSO ACCEPTING CARGO FO« MICANO. LASPtZIA, PHOVAGUO. BARCELONA ZURICH VENEZLA MARSEILLES VARNA.
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      Page 44 Advertisements Column 3
      641 44 JEHF OcEnnSERVjCE LCL/FCL SERVICE TO/FROM KL: allied-LINK SINGAPORE: /fH^V m 04-*****2 03-*****55 778 6522(22 LINKI Wo| M*tVm Ong Suur. Ng/Chrtottna Ch»«w Dotty Mlrpurt/Eotfter Yap •f] m 4 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC IMB 13/10 VIGOUR PACIFIC 19WB 23/10 BANGKOK 7/10 14/10 BUSAN 8/10 22/10 HOW6KOHG 8/10 12/10 DURBAH 10/10
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      564 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOI 0000 0100 0200 0300 MOO 0500 0(00 0700 0100 ***************0 *****400 ******************** 2000 ZM 2200 2300 JR 10 2.6 2.0 13 0.8 0.5 0.5 0.7 1.1 1.9 2.6 3.0 2.9 2.6 2.1 1.4 0.8 0.4 0.3 0.4 0.7 1.4 13 1J
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      Page 46 Advertisements Column 1
      322 46 CHARTPOINT Every Saturday in Business Times LaICIUCIIi. diaiviiiviu cxiiu. VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 15/10 TONG HEN 6 02/90 30/09 12/10 SPRING STAR 09/90 06/10 17/10 For Enquiries Call CALVIN HO/DANY LAU I V/jJ TEL: *****66 FAX: *****10 \Jf[ly TLX RS ***** HHSHPG *AJLA PT. PELAYARAN.
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      Page 46 Advertisements Column 2
      721 46 HYUNDAI MERCHANT MAMNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI CHALLENGER 37E 12/10 18/10 5/11 7/11 10/11 9/11 HYUNDAI COMMANDER 19W 3/09 6/09 9/09 27/09 7/10 HYUNDAI INNOVATOR 36C 20/10 25/10
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