The Business Times, 9 October 1990

Total Pages: 76
1 76 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday October 9 1990 75*
    10 words
  • NEWS SUMMARY
    • 47 1 CONTINENTAL Airlines Holdings Inc yesterday announced that it has ordered 50 Boeing 757 aircraft worth about US$l.2 billion. The order included engines and spare parts and was to be financed in significant part by the various manufacturers, the airline said.
      47 words
    • 46 1 A COMMUNIQUE issued at the end of the two-day National Convention of Singapore Malay/Muslim Professionals over the weekend endorses the need to form an organisation of Singapore Malay/Muslim professionals to galvanise the community and give it economic and political muscle Page 2
      46 words
    • 35 1 THE total wage increase for executives next year is forecast to be 9.7 per cent, marginally lower than this year's 10.4 per cent, according to a Hay survey in July Page 2
      35 words
    • 29 1 THE BANK of Thailand has proposed a package of fiscal and monetary adjustment measures to deal with economic problems caused by higher oil prices Page 7
      29 words
    • 20 1 PHILIPPINE Finance Secretary Jesus Estanislao has warned against the acceptance of quick-fix solutions to economic problems. Page 7
      20 words
    • 38 1 INDUSTRIALISTS and leading European ministers are embroiled in a debate following the resignation of French European Affairs Minister Edith Cresson, who complained that her warnings of a Japanese economic threat had gone unheeded. Page 8
      38 words
    • 23 1 EVEN after the debacle called Heaven's Gate, all director Michael Cimino wants to do now is make another Western Page 19
      23 words
    • 33 1 IN ANOTHER WEEK of profitable trading, Sang Kancil increased his capital of 5550,000 by more than 15 per cent to reach 55.7 per cent in nine weeks Page 27
      33 words
    • 25 1 JAPANESE ship supplier Fuji Trading is to invest about one billion yen ($l3 million) in its local operations. Shipping Times Page 1
      25 words
  • MARKETS SUMMARY
    • 36 1 WALL STREET chalked up a broad gain early yesterday. The Dow Jones average of 30 industrials climbed 31.44 points in the first half hour before dropping back a bit to 2,529.21 by 1430 GMT.
      36 words
    • 41 1 SHARE PRICES were higher at midday yesterday on the London Stock Exchange but down from the initial heady levels at the market's open. At about 1115 GMT, the Financial Times-Stock Exchange 100-share index was at 2,207.1, up 63.2 points.
      41 words
    • 46 1 THE SES has introduced major changes to allow foreign securities houses to trade directly on the main board, Clob International and Sesdaq, and to permit foreign partners of local firms to increase their stake beyond the present 49 per cent limit Page 3
      46 words
    • 55 1 GENERAL Lumber Holdings Bhd is seeking to raise cash for its major acquisitions by speeding up some projects and divesting others Page 3 Freeze by Indon banks INDONESIAN private banks have agreed to freeze new branch openings, tighten credit, and set a range of interest rates for
      55 words
    • Article, Illustration
      29 1 Monday Change BT-MGA 559.36 -2.13 Kuala Lumpur ....473.86 +3.80 Hongkong 2,925.48 +75.03 Tokyo 23,630.00 802.35 Sydney 1,369.5. +12.7 Friday Change New York 2,510.64 -6.19 London 2,143.9 +73.5
      29 words
    • 20 1 Exchange rates USS SS 1.7405 Yen SS 1.3363 MS SS0.6449 Money market rates Overnight 6-1/2 +1/4 3-month 6-9/16% +1/16
      20 words
    • 38 1 London GoM PM fix US$390.80 -US$4.80 Rubber S'pore Nov 154.25'/kg -0.25 M'sia Nov 237.50 c /kg unch KL Tin Turnover 76 tonnes +36 Spot M$16.34/kg +0.16 Crude palm oil Turnover 617 lols -157 Oct M$660 /tonne 5.00
      38 words
  • 444 1  -  Subscription rate said to be only 50pc By Quak Hiang Whai THE $62-million public offering by broking firm Kay Hian James Capel, which closed yesterday, appears headed for a severe bashing. Broking sources said the issue of 83 million shares at
    444 words
  • 258 1 ASEAN COUNTRIES have seen from experience that economic growth is truly not a zero sum game, Prime Minister Lee Kuap Yew said in Kuching yesterday. Speaking at a state banquet hosted by the Sarawak Chief Minister, he said a rise in
    258 words
  • 260 1  -  By Kenneth James IN A MOVE underscoring American interest in the Growth Triangle, the US embassies of Singapore, Malaysia and Indonesia have designated specific embassy officials to be "Growth Triangle specialists" who will, among other duties, liaise with each other on related
    260 words
  • 288 1  -  By Conrad Raj GARMENT manufacturer Wing Tai's plans to gain a stronger foothold in the important US market has hit a snag. This is because broking house Smith New Court Far East, in a rare move, has invoked the force majeure clause to terminate
    288 words
  • 270 1 Agencies THE US HOUSE of Representatives passed a modified five-year, US$5OO billion def-icit-reduction package early yesterday before approving a temporary spending Bill aimed at restarting the government. Both measures were sent to the Senate, where they were scheduled for consideration later yesterday. But even
    Agencies  -  270 words
  • 278 1  -  By Elaine Koh THE RACE for the prized Thai embassy site, which has turned out to be a marathon, is now a straight fight between two contenders on even higher stakes, property sources say. Only Yamasin Enterprise, an Osaka-based group, and
    278 words
  • 116 1 PROPERTY, a keenly followed subject in Singapore, is in for a timely review in BTs special supplement today. Industry experts take the measure of the market aid attempt some crystal-ball gazing, despite the uncertain Gulf situation. Development control, a topic dose to the hearts
    116 words
  • 155 1 THE US DOLLAR took a dive against the yen in Tokyo yesterday and dealers say it still has depths to plumb before it hits bottom. They add that only safehaven buying spurred by a deepening of the Gulf crisis or comments expressing alarm by
    155 words
  • Page 1 Advertisements
    • 230 1 Nikon The World's Finest Photographic System. Arcr aft Schedule 29 Money Changer Rates 29 World News 8, 9 Commodities 28 Money Market 27 Cryptic Crossword 29 Regional News 7 Edtonal 10 Regional Stock Markets 26 For market indices, editorial. Financial News 6 SES 21, 22 advertising and circulation ex Futures
      230 words
    • 3 1 Analysis, Pg 11
      3 words
    • 51 1 Nikon The World s Finest Photographic System The Bottom Line, Back Pg PARFUMS Cartier Ftaris lor mu/t* de Ca/iier Boutique/ SINGAPORE #01-36, Lucky Plaza. 304 Orchard Road Tel: *****27 #01 04. The Shopping Gallery Hilton International Singapore. 581, Orchard Road Tel *****95 #01 03, Palais Renaissance, 390 Orchard Road Tel
      51 words

  • HOME NEWS
    • NEWS ROUNDUP
      • 57 2 SINGAPORE has joined an intergovernmental body which protects intellectual property. The instrument of accession to the Convention establishing the World Intellectual Property Organisation, a UN agency based in Geneva, was deposited on Sep 10. It was signed by Professor SJayakumar, Minister for Law and Home Affairs. The
        57 words
      • 76 2 THE GOVERNMENT has appointed Tan Seng Chye, Singapore's former ambassador to Thailand, as the next High Commissioner to Australia, replacing J F Conceicao who has been posted to Moscow. Mr Tan, 47, has served in the Singapore High Commissions in both London and Canberra in the
        76 words
      • 64 2 ILCHAIDI ELIAS, Indonesia's Secretary-General, Ministry of Industry is in Singapore for a visit. The trip, which will end on Thursday, is at the invitation of Mr Lam Chuan Leong, Singapore's Permanent Secretary, Trade and Industry Ministry. Mr Elias is accompanied by his wife and Mr
        64 words
      • 63 2 THE YOUTH WINGS of the Singapore Malay National Organisation have written to Education Minister Dr Tony Tan to express concern about the recent increase in school fees announced by the independent schools. The letter, signed by Mr Abdullah Sallam, head of the Youth Wings section, said
        63 words
    • 236 2 BRITISH PETROLEUM (BP) has fired the first salvo in the latest round of pump price increases, raising its premium petrol price by 13.4 cents to the unprecedented level of 154.2 cents per litre. Last night, the price for intermediate petrol was also increased
      236 words
    • 386 2  -  By Harish Mehta AN ELITE GROUP of Malay/Muslim professionals has agreed to set up an organisation to galvanise the community and give it economic and political muscle. A communique issued at the end of the two-day National Convention of Singapore Malay/Muslim Professionals over the weekend,
      386 words
    • 229 2 A NATIONAL committee has been formed to formulate research and development (R&D) policies for information technology (IT). Its establishment will allow the National Computer Board (NCB) and the newly set-up National Science and Technology Board (NSTB) to work closely in framing
      229 words
    • 227 2 A RESHUFFLE of top jobs is in the works at the Singapore Tourist Promotion Board, which is also looking for a deputy executive director. Marketing director Mrs Evelyn Sen is expected to take over from Lee Loong Koon as industry director in the new
      227 words
    • 356 2  -  By Anna Teo THE TOTAL wage increase for executives is projected to be 9.7 per cent next year, marginally lower than the 10.4 per cent average of this year, according to a survey conducted in July. Hay Management Consultants' latest
      356 words
    • 179 2 SINGAPORE executives may not be as well paid as their Hongkong or Taiwan counterparts, but they have, over the last five years, enjoyed the highest rate of salary increases. According to the Hay compensation survey, the rate of Singapore executive pay rises in the last
      179 words
  • Page 2 Advertisements
    • 186 2 fc Before you buy a dot matrix printer, blow it up. IJHI Compare the magnified image of a dot matrix around the same as that of an average dot matrix. So if you printout with that of the new HP DeskJet 500 and Plus, unlike most dot matrix printers, it's
      186 words

  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 600 3  -  Subsidiaries should also consider listing on SES: Dr Hu By Conrad Raj FINANCE Minister Richard Hu yesterday called on the Japanese to make Singapore the base for their financial activity in the region. -l> Speaking at a two-day seminar organised by
      600 words
    • 475 3  -  By Conrad Raj THE Stock Exchange of Singapore has introduced a new membership category to allow foreign securities houses to irade directly on the main board, Clob International and Sesdaq. .vAt the same time, existing foreign partners of local broking firms will be able
      475 words
    • 498 3  -  From William Chia in Kuala Lumpur GENERAL LUMBER Holdings Bhd, which recently received shareholders' approval to go ahead with its three major acquisitions Sri Damansara, Syarikat Trimal and a 30.23 per cent stake in Nanyang Press intends to raise the cash needed
      498 words
    • 338 3  -  From William Chia in Kuala Lumpur JUARA PERKASA CORP, which recently announced the purchase of RJ Reynolds Tobacco Company's Malaysian operations via a reverse takeover, hopes to be relisted before the end of the year. Chairman Wan Azmi Wan Hamzah told BT in
      338 words
    • 314 3 SESDAQ-LISTED Singatronics Ltd will be investing a total of about $2.5 million in a compact disc (CD) manufacturer, Eastgate Technology Pte Ltd (ETPL). There are ambitious plans for the homegrown ETPL, founded by Mr Goh Hun Keng, who is a Singatronics director. ETPL
      314 words
    • 303 3 Bernama THE CONSTRUCTION of a Msl9o million oleochemical plant in Kuantan, a 50:50 joint venture between the Federal Land Development Authority and personal and healthcare giant Procter and Gamble Co of the United States, is expected to begin in the middle of
      Bernama  -  303 words
    • COMPANY BRIEFS
      • 114 3 PROPERTY GROUP IGB Corporation Bhd and New World Development Co Ltd of Hongkong have entered into a shareholders agreement to participate jointly in Great Union Properties Sdn Bhd. Great Union Properties is currently a wholly-owned subsidiary of IGB which is developing a five-star
        114 words
      • 54 3 ALEXANDRA HOLDINGS has announced that it has formed an audit committee in accordance with section 2018 of the Companies Act, Cap 50. The audit committee comprises three of the company's directors. It is chaired by Mr Goh Kee Song and includes Mr Lim Boon Siang and
        54 words
      • 100 3 UNITED INDUSTRIAL CORPORATION (UIQ has announced the results of the verification exercise by the share registrars of the company following the close of its one-for-two rights issue on Oct 2. The total number of acceptances and excess share applications was found to be 104.7 per cent of
        100 words
      • 46 3 MR FOCK SIEW WAH, president and chief executive officer of Overseas Union Bank (OUB), announced that he has accepted the option to subscribe for 120,000 OUB shares allocated to him under the OUB Share Option Scheme for the financial year ending 1990.
        46 words
      • 75 3 MR CHOO CHIAU BENG, managing director of Far East Levingston Shipbuilding, announced that he has sold the following shares on the dates indicated: 10,000 units of Keppel Corp at 55.35 and 30,000 units of the same at $5.30, both on Oct 1. He also sold
        75 words
      • 112 3 ANCOM BERHAD has chalked up a marginal increase of 3 per cent in its group pre-tax profit to M 54.50 million for the year ended May 31, 1990 against M 54.37 million previously. Turnover for the group rose to M 533.20 million from M 527.84 million
        112 words
  • Page 3 Advertisements
    • 223 3 Discuss Your Business With Vietnam's Ministers Determine what \our Vietnam investment and sourcing opportunities ARE THROUGH DISCUSSIONS WITH SENIOR GOVERNMENT OFFICIALS. At Business International's Roundtable, senior Hanoi executives have a unique opportunity to assess ji business potential and related policy trends firsthand. S s r ""l j Bfifk The information,
      223 words

  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 69 4 INDONESIA'S PT Unggul Indah Corp (UIQ said it had awarded a US$3O million contract to Mitsui and Co Ltd to expand its alkylbenzene plant in Merak, West Java. This year the plant will produce 78,000 tonnes of alkylbenzene, significantly above its designed capacity of 60,000 tonnes,
        69 words
      • 93 4 MARUBENI CORP plans to launch a venture in the Soviet Union with several other companies to repair and sell used Japanese cars, a company spokesman said. The venture would be based in Vladivostok in the Soviet Far East and capitalised at around US$l million. Joining Marubeni
        93 words
      • 55 4 SAPPORO BREWERIES Ltd plans to develop an anti-cancer drug made from a substance it has succeeded in extracting from soil-inhabiting bacteria, a company spokesman said. The substance, "HP-530D", is more effective than existing anti-cancer drugs against a wider variety of cancer cells and has fewer
        55 words
    • 365 4 IN ITS third attempt at listing shares, dye-stuffs distributor and textile manufacturer Cheung Wah Development Co was to announce yesterday a HKS37 million flotation, the South China Morning Post reported on Sunday. The listing, which represents 25 per cent of the
      365 words
    • 455 4 TOKYU Department Store Co Ltd of Japan has acquired the entire 24.2 per cent equity holding of the Barrie Family Investment Corporation in The Thai Silk Co Ltd, the owner of the famous Jim Thompson Thai Silk organisation. The Nation reported on Saturday
      455 words
    • 278 4 Reuter CHEMICALS group ICI Australia Ltd said it will close two plants in the state of Victoria due to the high cost of meeting new environmental standards. Production of oil-based alkyd resins used in paint and ink at one plant would end this
      Reuter  -  278 words
    • 166 4 Reuter AUSTRALIA'S richest man, Kerry Packer, was taken off a life-support machine yesterday after suffering a severe heart attack but doctors said they would not know for a day or two whether he has brain damage. "His condition at the moment is still critical,
      Reuter  -  166 words
  • Page 4 Advertisements
    • 218 4 HOTEL MERIDIEN It's high time you discovered the other side of Singapore. For years, you've probably put up your beckons to whisk your clients away to new clients in the heart of downtown Singapore. horizons. But while they're here in the lap of But may we suggest you introduce your
      218 words

  • INTERNATIONAL COMPANY NEWS
    • 581 5 NYT THE UNIONS seeking to buy the parent of United Airlines said on Sunday they failed to persuade enough bahks to finance their bid, forcing them to present a bid witk less cash than the US$2 biflibn they had sought. "Some
      NYT  -  581 words
    • 275 5 Reuter FOfcD Motor Co said its nsw labour contract with the United Auto Workers is unlikely to greatly enhance its competitiveness in the hotly-contested US motor car market. "Is this settlement going to. make us fully competitive with the Japanese here or in Japan?
      Reuter  -  275 words
    • 249 5 Reuter SWEDISH vehicle maker AB Volvo said there was nothing new in reports it was considering a joint venture in rope with Japan's Mitsubishi Motors Corp. "The head of Mitsubishi said half a year ago that Volvo was one of the companies that they
      Reuter  -  249 words
    • 228 5 NYT THE EASTMAN Kodak Co is concerned that the all-dec-tronic still cameras being introduced by Japanese consumer electronics companies could seriously erode its domination of the US$l5 billion film and photofinishing industry. It is rushing to bring out a system that uses traditional photographic film
      NYT  -  228 words
    • COMPANY BRIEFS
      • 88 5 ITALVs Piaggio and Co SpA has agreed to buy a 25.8 per, cent share in loss-making Indian scooter manufacturer LMLj Ltd. Piaggio chairman Gustavo Denegri told a news confer-', ence the deal would give LML, which has about 20 per cent of
        88 words
      • 89 5 MAXWELL COMMUNICATIONS Corp pic *aid it will sell; its unit MCC Italia to Schroder Venture Advisers for about-, £60 million. MCC said in a statement the sale, consisting of, the Panini Children's Album Collection publishers, would becompleted during November. The £60 million will be paid
        89 words
      • 55 5 MAXWELL Communications Corp and NV Philips said they'} agreed to establish a joint vesture to produce and sell setfteach language publishing courses. The venture will be called? Maxwell Multi Media. Berlitz Publishing Co Inc, a subsidiary; of Berlitz International Inc, will produce new language train- ing
        55 words
      • 76 5 THE GERMAN communications giant Bertelsmann announced it was increasing its stake in BMG-Victor Japan from 40 to 90 per cent Bertelsmann will increase control of its Japanese subsidiary through its German-US Holding, BMG, the company said Thursday. The remaining 10 per cent of BMG-Victor will be
        76 words
      • 97 5 MANNESMANN Tally GmbH, a unit of Mannesmann AG, said the Federal Cartel Office had approved its cooperation with Siemens AG. Management board chairman Peter Jung told reporters Siemens had raised its stake in the printer maker to 49 per cent, while Mannesmann maintained the remaining 51 per cent
        97 words
      • 121 5 CAMECO CORP, one of the world's largest uranium producers, will make its oft-delayed public share offering in early 1991, president William Gatenby said. "We cant test the market too far in advance but we hope to convince the shareholders it should be brought to the
        121 words
  • Page 5 Advertisements
    • 154 5 I Small4isCcmfcrtaHe.SmallisEatek I BMiintMzabell[AMie&t»l)edro<mhaven. I W y yv I f ■1/ if/ i .4 I \ilii// PHATFAI IFII7 A —I $i 1 I I 1 I 1— I A contemporary white exterior X v set off by a smart curvilinear ;•> g curtain wall. One and two g Jr Os'iT
      154 words

  • FINANCIAL NEWS
    • 359 6 AFP INDONESIAN private banks have agreed to freeze new branch openings, tighten credit, and set a range of interest rates for deposits and loans to ease competition, a spokesman for the banks said yesterday. The 101 banks grouped in the Association of Private National
      AFP  -  359 words
    • 208 6 BELIEVED TO BE the first of its kind in Asia, Citibank is syndicating HK$5OO million worth of its home mortgage loans to other banks. The package is open to all subscribers and also offers "credit enhancement" to reduce the risk for investors, reported South China
      208 words
    • 305 6 Reuter COMMERZBANK AG plans to set up a network of some 120 branches in eastern Germany over the next few years, with 50 of these expected to be in place by the year-end. At a press conference on Sunday for the opening of a
      Reuter  -  305 words
    • 374 6  -  By Diana Oon VISA INTERNATIONAL is beefing up its Indonesian operations in an attempt to exploit the country's huge market growth potential for both credit cards and traveller's cheques. In an interview with BT yesterday, Visa's general manager for South-east Asia, Peter Harkess, said the
      374 words
    • SMALL CHANGE
      • 102 6 JAPANESE Finance Minister Ryutaro Hashimoto, commenting on a share scandal involving Sumitomo Bank Ltd, said yesterday that he hoped other financial institutions would voluntarily check to see whether they have made similar improper loans to stock speculators. Sumitomo Bank chairman Ichiro Isoda
        102 words
      • 71 6 CITICORFs banking unit, Citibank, said in London yesterday that it was cutting its UK base rate to 14 per cent from 15 per cent, with effect from today. This follows similar cuts by the main UK clearing banks after Friday's announcement that Britain is entering
        71 words
      • 109 6 A SYNDICATE of Chinese and Japanese banks has begun lending USssB2 million to a Sino-Japanese electronic joint venture in the southern Chinese city of Shenzhen, a Japanese banker involved in the deal said. He said the contract to lend the money was signed before the
        109 words
      • 79 6 TAIWAN'S central bank has eased controls on selective loans on land and houses to pump more funds into the economy, bank spokesman Yu Chen said last Saturday. He told reporters that effective immediately, restrictions on loans to buy land for building factories or houses for
        79 words
      • 107 6 JAPAN'S net purchases of foreign securities were halved from USSSIO.I billion in July to $5.1 billion in August, the Finance Ministry said in a preliminary report last Friday. Japanese transactions in foreign equities ended in net sales of US$l7l million in August, a turnaround from net
        107 words
  • Page 6 Advertisements
    • 332 6 I j| jj 111 SEE ifiSi I I lIIISLi 9r_VH J issa &m\ I I :asa :J==: I•" B «ff J B I I lM| I *e RMt^A Mi■:VWpJ. —i mm M 1 [I -^■;;*eeg£jS|j| e l|*ißßH^^^^^^^fc-Bin ,r r Hmi *fe wmmm 1 -rr lli-'" t—■——» j '^^F^'Bin —1 f
      332 words
  • Page 6 Miscellaneous

  • THE REGION
    • 473 7 THE BANK of Thailand has come up with a package of fiscal and monetary adjustment measures to deal with economic problems in Thailand stemming from higher world oil prices. The central bank suggested that government fiscal and monetary policy should move
      473 words
    • 388 7 Reuter THE PHILIPPINES, facing an economic crisis made worse by events in the Gulf, must reject quick fixes and implement fundamental reforms to put the economy back on track, Finance Secretary Jesus Estanislao said. He is fighting tough opposition from big business and Congress
      Reuter  -  388 words
    • NOTE BOOK
      • 58 7 THREE DEPUTY DIRECTORS of Vietnam's central bank have been sacked in a drive to punish bankers who contravene monetary policy, aocording to the Nhan Dan. The newspaper said the State Council would also punish a former director-gen-cral of the National Bank of Vietnam, Lu
        58 words
      • 75 7 LEADING INTERNATIONAL BANKS are pressuring the Philippine authorities after the state-run power company failed to cover a currency exchange contract with the French bank Credit Lyonnais. The Philippines' National Power Corp (Napocor), which monopolises the production of electricity in the country, had instructed Credit Lyonnais to transmit
        75 words
      • 54 7 FRENCH INVESTORS, relative newcomers to Malaysia, are showing increasing interest in the country, the economic and commercial counsellor of the French embassy in Kuala Lumpur, Vincent Schneiter, said yesterday. He said scores of French companies would be taking part in a number of seminars, exhibitions and
        54 words
      • 71 7 SOUTH-EAST ASIAN foreign ministers agreed on Sunday to step up pressure on Cambodian guerillas and the Vietnam-ese-backed government there to hasten the peace prooess and end the conflict that had bled the nation for a decade. Several ministers, attending a special two-day Asean meeting in the resort
        71 words
      • 62 7 PHILIPPINE PRESIDENT Corazon Aquino must exercise firmer leadership, sack inefficient officials, and retire military officers of suspect loyalty if she hopes to prevent further coup attempts, an investigative body has said. "A coup d'etat does not happen overnight," said the commission named by Mrs Aquino to
        62 words
      • 71 7 A THAI NEWSPAPER called on Thai Prime Minister Chatichai Choonhavan yesterday to dissolve parliament and call snap elections to draw the curtain on a "circus" of government infighting. An open letter published by The Nation scorned a recent decision by the premier to reshuffle his shaky
        71 words
  • Page 7 Advertisements
    • 238 7 A filing system so revolutionary, it fits neatly anywhere. Saves space T Stores 13,000 pages or 65 arch files* in a 'compact 13cm(5.25") disk, either in yW. erasable or non-erasable mode. And enables you 5* to retrieve m documents as as the original Saves time Scans 40 pages per minute,
      238 words
    • 144 7 ~^rw\ y '<(r«sti(* CM ITUM*-#\. V 4 Helpful hints compiled in handy leaflets, to keep you Look out for more coming your way, and let us in the pink of health! work with you towards a healthy lifestyle! Get your personal set of three in a series that covers Send
      144 words

  • THE WORLD 1
    • WORLD WATCH
      • 61 8 PRESIDENT ROH TAE-WOO dismissed his defence minister and the powerful head of military intelligence yesterday following allegations that the government spied on more than 1,300 civilians. Presidential spokesman Lee Soo-jung said Mr Roh was holding the two officials responsible and said the government would
        61 words
      • 65 8 THE CHINESE GOVERNMENT plans to take stock of its vast property holdings, estimated at U*****.9 billion, during its new Five-Year Plan starting next year. Due to loopholes and poor management, the state may own USS63.S billion more *h«n accounted for. The new Five-Year Plan, to run from 1991
        65 words
      • 73 8 JAPAN'S former deputy premier Shin Kanemaru left Tokyo for Seoul yesterday on a one-day visit to brief South Korean President Roh Tae-Woo on Japan's rapprochement with North Korea, his aides said. They said Mr Kanemaru, a leading member in the ruling Liberal Democratic Party, was
        73 words
      • 66 8 THE UNITED ARAB EMIRATES will see a 30 per cent rise in oil revenue and continued high economic growth this year due to the effects of the Gulf crisis, the UAE central bank governor said. Abdul Malik al-Hamar said domestic demand remained very sluggish more than
        66 words
    • 430 8 AP GEOFFREY MOORE is a referee who's not looking forward to his next call. He could blow the whistle on the longest economic expansion in US peacetime history. Mr Moore and six colleagues affiliated with the US National Bureau of Economic Research in
      AP  -  430 words
    • 54 8 A jubilant Soviet anti-war youth punching the air on Sunday after he climbed up to a flag post before the Soviet Defence Ministry and hoisted a black protest flag. Hundreds of youths joined a rally to demand a new voluntary army and to stop the drafting.
      AP picture  -  54 words
    • 154 8 AFP MOODY'S investor service, the New York-based international credit agency, has lawend India's credit, rating for both long and short-uknn debt amid mounting extedul obligations. The long-term debt ratfff dropped two notches BAA-1 from A 2 and <4a Prime-2 from Prime-1 short-term debt, Moody's nounced late
      AFP  -  154 words
    • 348 8 AP JAPANESE OFFICIALS yesterday responded cautiously to reports, subsequently denied by a Soviet diplomat, that Moscow may be willing to return some disputed islands, the main barrier to better ties between the two nations. Tass news agency quoted a senior Soviet diplomat
      AP  -  348 words
    • 357 8 AFP THE RESIGNATION of French European Affairs Minister Edith Cresson, who complained that her warnings of a Japanese economic threat had gone unheeded, has sparked a heated debate among industrialists and leading European ministers. Mrs Cresson left the French government last Tuesday,
      AFP  -  357 words
    • 385 9 The Gulf Crisis Reuter THE GULF CRISIS, which Initially diverted world attention from the Palestinian may ultimately boost chances of Arab-Israeli peace, according to Palestinian leaders in Israeli-occu-piipd territories. '\,The Palestinians have waged a 33-month revolt for independence in the West Bank and
      Reuter  -  385 words
    • 329 9 AFP FOREIGN MINISTERS of U* European Community made a fresh call for a diplomatic solution to the Gulf conflict on Sunday, saying time was working against Iraqi President Saddam Hussei*. At the close of a two-day meeting in the Italian town of AsolO,
      AFP  -  329 words
    • 320 9 Reuter ABU DHABI, the biggest oil producer in the United Arab Emirates (UAE), has awarded a contract for a major natural gas expansion project despite the shadow of war over the Gulf. The Abu Dhabi Gas Liquefication Co (Adgas) awarded the
      Reuter  -  320 words
  • Page 8 Advertisements
    • 52 8 wr If \buTe Chinese, Make A Statement -In Mandarin. Wherever you are. whatever you do. you have a heritage to preserve. If you're Chinese and you speak Mandarin. you're making a statement about that heritage So make a statement today In Mandarin. OS 1990 Speak Mandarin Campaign Ministry of Communications
      52 words

  • Page 9 Advertisements
    • 127 9 Lufthansa's Asian Commitment: Only we fly you to 1 the whole of united Germany. 1 From 3rd October, united Germany holds even *Li more potentteJ then ever before. Promising a j, J million business opportunities across a global network. Lufthansa keeps pace with these -»-w- dynamic changes. We fly you
      127 words
    • 234 9 1 RISTORANTEI BOLOGNA i —1 f i 4 3 SINGAPORE BUSINESSMEN i 1 4 -I AREN'T TALKING ABOUT BULLS AND BEARS THESE DAYS. Instead, they are talking about Veal. Lamb or Seabass. Yes,you've guessed it, they are talking about the Buffet Lunch at the Ristorante Bologna. And you would too
      234 words

  • 489 10 EDITORIAL •I A NY way you slice it, a fledgling elite J group of Malay/Muslim professionals f jL has recently emerged and won their first victory they have received the blessings of the Malay intelligentsia, after two days of F emotional brainstorming, to set up an
    489 words
  • WHAT THE OTHERS SAY
    • 236 10 SPEAKING AT the 45th session of the United Nations General Assembly, Foreign Minister Wong Kan Seng said that superpower detente does not necessarily mean a more congenial international environment. Despite changes in Eastern Europe, the unification of Germany and a very promising trend in East-West relations, he
      236 words
    • 125 10 THE RECENT Children's Summit at the United Nations, attended by 70 world leaders, underlined the crucial importance of the international plan to alleviate the suffering of children in many developing countries. Clean water, sanitation and ignorance on the part of parents are known factors that have led
      125 words
    • 137 10 THE RECENT mutiny in Mindanao was not the first since President Cory Aquino came to power. Although her government has not been toppled, six coup attempts in three years are more than sufficient to destroy her government's image, both within and outside the Philippines. Not only
      137 words
  • REGIONAL VIEWPOINTS
    • 142 10 PRESIDENT AQUINO has survived six coup attempts during her four years in office, the last which took place last December. During the 1960s and *****, Thailand went through the same trying times that the Philippines is facing now. Fortunately, the Thai military finally saw the futility of
      142 words
    • 152 10 THE DECISION by Mr Rupert Murdoch to merge the two major evening newspapers run by his group with morning papers can be grandly declared the end of the evening newspaper era in Australia. It is an era that should rightly be mourned but at the same
      152 words
  • 791 10  -  Britain's decision to join the Exchange Rate Mechanism is not the beginning of a honeymoon. Leigh Bruce reports on what could lie ahead Leigh Bruce IHT Difficult political battles over EC policy lie ahead for Britain, despite its decision to take the pound into the Exchange
    IHT  -  791 words
  • Page 10 Advertisements
    • 443 10 >* ■•<• -»JH BmJ| F J i '.jl «nr VanS'' Say goodbye to messy lists and lost expense slips. Other features: 64 KB memory Calendar, schedule Because the ZQ-52CX) has a built-in Time Expense book, home and world dock, telephone directory, memo Manager that lets you keep track of all
      443 words
  • Page 10 Miscellaneous
    • 116 10 DQONESBURY BY GARRY TWOEAU LOOK BOOPSt, I DONTEN JUT F MUX* HARD ENOUGH, ALL MKB.IPtP (JH. RIGHT UCRKIN6 FOR CU&ITS LIKE COHMNKS ARE PROBABDT DO- I KNOW, POTOUT HAVE NINE HOIifRE THET UNHBtSAL PermUUH ANY NO 90MSTHM8OBKCnONAUS. MUG, I V CHILDREN AU.MAKJNG MORE THAN YOU DO, PUT I ALSO, IVE
      116 words

  • ANALYSIS
    • 1354 11  -  Up to now, American interest in the Growth Triangle has been uncharacteristically low-key. But not for much longer, as BT's Economics Correspondent Kenneth James found out in exclusive interviews with US diplomats and businessmen recently Kenneth James n F US Ambassador to Sin- gapore Robert
      1,354 words
    • 617 11 Reuter THE ease with which Philippine rebel soldiers seized two cities underscores the need for President Cortzon Aquino to reform the army, whose deep divisions threaten democracy in the country, analysts say. After a 1986 popular revolt ended the 20-year rule of Ferdinand Marcos, eight
      Reuter  -  617 words
  • Page 11 Advertisements
    • 91 11 THE FULL POWER OFFICE PC WITH TRUE LAPTOP PORTABILITY e PROMOTIONAL OFFER COLOUR MONITOR (VGA OR EGA) WORTH $600 WITH EVERY OLIVETTI LAPTOP M2ll OLIVETTI LAPTOP M2ll FROM 553,999 Powerful. Expandable. Compact Our 16 MHz high performance Olivetti Laptop M2ll offers perfect ease of expansion from 1 MB RAM to
      91 words

  • FOCUS
    • 1497 12 The Hongkong tycoon intends to gain a foothold in the largest and one of the safest economies in the world. That determination could have a bis impact on Hongkong and the US, because of the tens of billions of dollars his companies control. NYT LI
      NYT  -  1,497 words
  • Page 12 Advertisements
    • 40 12 SOME OF THE BEST THINGS IN UFE NO LONGER NEED WAITING FOR. 4 We've already adjusted the ARF to November levels for the ultimate driving machine. For more information, call us on 469 8800 or 345 0668. Don't wait. 0
      40 words

  • Page 13 Advertisements
    • 460 13 fewKKy* I fl 1 Hl^r^i !gsNfl®"y\ I I Ki, J <lft|HHß&|v n fe l^^lk 4 .»'*^^^pjB^^^^flEisKK&^,■■ > I HB L jjl ifteo I MH I. '^fk&j*iSm** oo *t '*~*P£i^^^HPs'' I IH N I m Jk I In m\ mr v V I HI f« 4*l ll r V I a
      460 words

  • INNOVATION & TECHNOLOGY
    • 410 14  -  The demand for IT is expected to grow at least 20pc a year for the next five years, reports Suzanne Son, who attended the recent CeniT Asia '90 trade fair. She also visits Singapore's participants at the fair. Suzanne Soh, ASIA's youthful information
      410 words
    • 201 14 FROM THIS Saturday, checking of information about property mftters will be a breeze with th« establishment of a data bale at the Law Ministry. jThe data in Lot Base System will enable property buy- erf and sellers, developers, firms and estate agencies to
      201 words
    • 532 14  -  The overcrowded PC industry is due for a shake out. But, suggests Kenneth James, there are steps manufacturers can take to ensure survival. Kenneth James, FIRST the good news: the personal computer (PC) industry will continue to grow strongly over the next decade. None
      532 words
    • 268 14 SINGAPORE TELECOM, one of the contractors vying for Hongkong's HKS3OO million cordless telephone project, displayed a trump card at CeniT Asia '90 trade fair last month. Its advantage over other exhibitors was the telecommunications industry's current hot favourite Integrated Services Digital Network (ISDN) which
      268 words
  • Page 14 Advertisements
    • 69 14 where else but the Shangri-1-.a. MALAYSIA ASHAVMIA SHANGRI-LA HOTFX. MAGAZINE ROAD. ***** PFNANG. MALAYSIA. TFL: (04) 622 622 TFI FX: 4087* SHNGPG MA FAX (04) 626 526 SHANGRI LA INTERNATIONAL: BANGKOK (2) 236 7777 HONG KONG 810 7782 KUALA LI MPI R (03) 230 624* SINGAPORE 535 7876 SHANGM LA
      69 words
    • 196 14 m m She bought everything i i i I ;y| 1 «Hf BRUNO MAGLI r Sole Agent: Mariex Marketing Pte Ltd Tel: 734 %96 Fax: 737 6092 Boutique*: Centrepomt #01-30 Tel: 737 4509 Forum Galleria #01-46 Tel: 732 8961 Open Daily from 10.00 am to B.oopm M Corners: Metro Orchard
      196 words

  • Page 15 Advertisements
    • 93 15 B Trust SAS to make flying a dream. off for Copenhagen, and we won't drift off to a full night's sleep, waking SAS to Europe. We'll be there everyday to "i a> Every Monday, Friday and now stop until we get there. up fresh and ready for the day make
      93 words

  • SPORTS 1
    • SIDE LINES
      • 58 16 WORLD CHAMPION Jansher Khan collected his sixth major title in less than two months when he defeated Australian Chris Robertson in the final of the inaugural US$6O,OOO Vancouver Grand Prix squash tournament last Sunday. Robertson never looked threatening as Jansher recorded a relatively comfortable 15-8, 15-8,
        58 words
      • 97 16 HAROLD BAINES drove in three runs and pitcher Bob Welch allowed just one run to lead the Oakland Athletics to a 4-1 victory over the Boston Red Sox and a 2-0 lead in the best-of-seven American League Championship Series in Boston last Sunday. Welch, who
        97 words
      • 90 16 CHARLES COODY and A 1 Geiberger took turns trying to give away the title in the Vantage Championship, the richest event on the Senior PGA tour. Geiberger succeeded. He chopped up the 17th hole even worse than his opponent did in a comedy of errors
        90 words
      • 70 16 JOINT CHAMPIONS Jean-Louis Schlesser of France and Italian Mauro Baldi came home first in the final race of the world sportscar championship in Mexico City last Sunday, but were disqualified for taking on 0.1 of a litre too much fuel. Officials awarded the 480-km race to the champions'
        70 words
    • 713 16  -  Tennis player-turned-coach Andrew Turcinovich's personal odyssey began in his backyard. Paul Ramani reports. Paul Ramani ONE MIGHT be forgiven for thinking that Andrew Turcinovich looks more like a film star than a professional tennis coach. That is, after all, a mistake many of his opponents
      713 words
    • 326 16 Agencies TOUR DE FRANCE champion Greg LeMond wants to end his longest season in style but time is running out. While Dutchman Erik Breukink celebrated victory in the Tour of Ireland last Sunday, LeMond, forced out of the race last Wednesday by
      Agencies  -  326 words
    • 395 20 Agencies MARK O'MEARA scored his first career come-from-behind victory in San Antonio last Sunday when he shot a seven-under-par 63 to beat Gary Hallberg by one shot in the Texas Open. O'Meara, who began the day four shots off the pace, surged
      Agencies  -  395 words
    • 598 20 AP JONAS SVENSSON of Sweden defeated Fabrice Santoro of France in straight sets 7-6 (7-5), 6-2 last Sunday to win the US$3OO,OOO Toulouse Grand Prix tennis tournament. Santoro, who will tum 18 in two months, was the youngest finalist in a Grand Prix tennis tournament
      AP  -  598 words
    • 186 20 AFP THE MEMBERS of the International Rugby Board are expected to determine the future of the game into the next century in Edinburgh this week. But the rugby-playing world is awaiting the answer to one aspect of the amateur equation how far will
      AFP  -  186 words
  • Page 16 Advertisements
    • 72 16 Which airline has the most flights to London? I (The answer is down under.) Qantas is the only airline to offer 2 flights a day to London. (From 29 Oct) You can fly nonstop, or if you prefer via Bangkok. For further details call Qantas on 737 3744 or your
      72 words

  • Page 17 Advertisements
    • 208 17 t An Exclusive Offer for American Express® Cardmembers FLYA FRIEND As an extraordinary promotion What's more, we'll match the companion ticket to for American Express Cardmembers, the class of your next purchased trans-Pacific ticket. Fly First, Northwest Airlines offers a free or Executive or Economy Class and so will your
      208 words

  • Page 18 Advertisements
    • 205 18 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by word -of-mouth. <** For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations .*****10 or 338 8585 ext
      205 words
    • 310 18 A 9HRKLING porm\tkx\ APPEARS TONIGHT ABGM SCOOTS RO\D C :AN() I BAR With its spectacular glass frontage, the < anofiy Bar lis the ideal place to see the stars. It's also (Singapore's newest and most exclusive rendezvous The Canopy Bar. upstairs at the H>att Buffet Dian Xi n Daily for
      310 words
    • 266 18 Introducing SS3SS' Jhdhv^b £a«js Watch the hottest band sizzles with action! |g It's Subway heat. |§§|S You wouldn't wanna stx>p the music! y*\ -*m2# <J°jßi/uav Plaza Hotel ffiPBU- fffiskmtS. j^i^K2M3L^^2W Feast on our Chefs Speciality-. Fish Head Curry at only $1750++ QJiPj (for 2 persons), or you may /y i
      266 words
    • 391 18 topou a\ 1 ifou C4uy expect the wars/ JL ity out* Qepttuu) V&J' 1 Bratmirst, Blutwurst, Weisswurst... vN s the Germans are the best at making their wurst (sausages). Youll be en- joying just these few for we'd like M you to leave room for mor than 60 jMMk li*
      391 words
  • Page 18 Miscellaneous
    • 651 18 TELEVISION AND RADIO. cnrio 7J« m«ws <M) Ml tan BUSINESSOSf UA®O Perestroika s promises »shs.uk ssez: ,-ir' Maiden Over (Drama). all-female band group, 7.00 PnjW CdL /.lßm, UMH| MMfHNMMWi 800 lnlW Gorbachev's USSH 7*7®?y, who will be perform- 7JO CaMa Haws Natawrk (con'td) 5.30pn, 1.25—- Financial News IMH i LH
      651 words

  • LIFESTYLE
    • 1009 19  -  James Ryan looks at the new offering of a director who bounced back after one of the greatest film flops in Hollywood history James Ryan NYT TEN YEARS after the debacle of Heaven's Gate, director Michael Cimino has one overriding passion in life to make another
      NYT  -  1,009 words
    • 595 19 CHATTERBOX THE BRITISH Academy of Film and Television Artists has presented actor Sean Connery a rare award for "his outstanding contribution to world cinema". The special award was presented in London on Sunday by Princess Anne, daughter of Queen Elizabeth II and president of
      595 words
  • Page 19 Advertisements
    • 228 19 AND ENTERTAIN Who Says You Cant Mix Business With Pleasure? MONDAY TO FRIDAY, 12 NOON TO ..k2.3OPM. V 31.00* PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an la cane main course in the relaxing ambience
      228 words
    • 448 19 (Incorporated m the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN thai the Eleventh Annual General Meeting of Rothmans Industries Limited will be held at the Registered Office of the Company, Virginia Park, 905 Bukit Timah Road, Singapore 2158, on Wednesday 31st October 1990 at 12.00
      448 words
    • 111 19 Ti«r%||/ Restaurant and 1 KvlllV/m Karaoke Lounges FINESr RUSSIAN AND CONTINENTAL CUISINE Authentic Russian Cuisine Amidst A View Of The Singapore Harbour Executive Set Lunch/ Set Dinner A la carte Restaurant Hours 0 Karaoke Hours Mondays to Saturdays Daily 1130 am to 230pm 7.00pm to 2.00 am Dinner. Mondays to
      111 words

  • Page 20 Advertisements
    • 176 20 ■> X V Hrofe *w «n**** mhhbbbhmhhhbhhhhhmH Autumn Delights! From October 1-15, Senbazuru is home to some truly splendid autumn delights. Our masterchef Akune Kazushige whips up 5 of his specialities including the distinctive Shredded Persimmon in Vinegar Sauce and "Matsutake Dobinmushi" a clear soup of H steamed mushroom laced
      176 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4256 21  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market closed mixed yesterday in very thin volume as investors stayed cautious amid the continuing Gulf crisis and the showdown between the US government and the House of Representatives over the US$5OO billion
      4,256 words

  • 3954 22 Main Board OCBC 715 +20 +2.9* OCBC Foreign 715 +20 +2.9* Inno-Pacific 108 +11 +11.3* DBS Foreign 895 +10 +1.1* RDC 270 +9 3.4* Roth Inds 50" 3*2 +8 +2.1* BAT 22* 340 +8 +2.4* Metro Hldgs 388 +6 +1.6* DBS 890 5 +0.6* Keppel
    3,954 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3638 23 Bernama SHARE PRICES on the Kuala Lumpur Stock Exchange closed slightly higher in thin trading yesterday, with local sentiment strengthened by the more than 800point rise in the Nikkei index in Tokyo. The KJLSE Composite Index closed 3.80 points higher at 473.86 while
      Bernama  -  3,638 words
  • Page 23 Advertisements
    • 150 23 DEEPAVAU MUSICAL A FANTASTIC QAWWALI EXTRAVAGANZA! COMPETITION BETWEEN 5 SPECTACULAR SHOWS KING ft QUEEN OF QAWWAU.^ 75% Of the shows CHHOTE YUSUF AZ AD are different on REETU PRODUCTIONS ARZOO BANOO V each night proudly presents for the very first time Singapore X SPONSORS: SIYLEMART DEPT. STORE, BUDWEISER, JOHNNIE WALKER,
      150 words

  • BT SHARE INFORMATION SERVICE
    • 79 24 CwBMny Date Ymt Group Not Not earnings Gross MM to proflt/lM« (L) por share divMood COM) (coots) BMT Sep 28 Jun 90 $773($516) 254.2(169.6) 150(100) The H Glass Sep 26 Mar 90 $7,379(15.796) 15.4(12.2) 5(5) S*w Spore Sep 25 Jun 90 $2«.405($24.484 6.5(5.5a) 18.8(12 3a) RasM Hussam Sep
      79 words
    • 228 24 Cwpt Date Ymt 6rtti| pre-tax N«t earnings Cr**» mm to pr«f)t/lM* (L) put slur* dividend COM) (c«rts) Tank Cement Oct 2 Jun 90 M$37.040($23.153) 154(109) 15.2(8) Sea View Sep 29 Jun 90 (8.107(14.026) 23.8(11.5) 8(5) Sunshine Mhed Sep 29 Jun 90 $5,092(13.931) 32.3(26.3) 12.5(10) Tai Sep 29 Jun
      228 words
    • 363 24 ftmytnr Date Half-year 6mp pre-tax Interim m to pnfll/liu (L) dividend ('600) M Resources Oct 2 J«n 90 M$6,231l($7.645l> Innovest Bhd Sep 29 Jun 90 M$490($364) MenangCorp Sep 29 Jun 90 «r$1.471L(J154) Acma Sep 28 Jun 90 $6,195($3,101l) 5TE(-) ANA Hotels Sep 28 Jun 90 $549($943) Causeway taw
      363 words
    • 429 24 Oct 5 The Stock Eichange of Singapore (SES) is the first foreign stock exchange to sign a custodial agreement with the Japan Securities Clearing Corporation (JSCC). Under the link between, the JSCC and the Central Depositary (COP), subsidiaries of the Tokyo Stock Exchange and the SES, investors will
      429 words
    • 965 24 Current Ex Berts Date Tetel far Totei tor payment data data payable tea year last year ton 5%TE (I) Oct 19 Od 31 No* 15 5%TE MC6 2.5% Sep 14 Sep 28 Oct 27 25% 2% MM 10% Sep 21 Oct 5 Nov 1 10% 7.5%(a) Antah 6%(b)
      965 words
    • 277 24 Singapore Stocks Last F«H Year Conpsrr taM Date Tw d»t EPS Gran M mmd Mfcf (cafe) pra® last r«« (TM) Irani feat Meran Mar 30 Die 89 5351(h) Uvea Ma Interm At« 11 Mar 91 4.0 2.1 3.471(0 Su*to GTS Intern M 31 fee 90 0 5 666
      277 words
    • 387 24 Company Rights Issue MusM Oxygen One-tor-one MJC 80 per share fcghts issue of $1.00 nommal amount of 5% Redeemable Unsecured Loan Stock 1990/1995 with one Transferable Subscription rights for every two eusbng shares held Estate Aug 23 Books dose: Sep 6 Acceptance t Payment Oct 19 Marc* Mi
      387 words
    • 654 24 BONDS, LOANS WARRANTS C4C Nt Before 26/4/93 1 warrant phis 13.09 a*. Caneway Law Caneway Nt 2/10/89 to 20/10/94 1 warrant pta $1 call ar 1 warrant pin $1 notnn* mount ot ban slock OaonltyNaln QwaltyNt March 87 to 31/12/91 1.55 warrants pte >1.55 a*. On Ity M94 1/8/89 to
      654 words
    • 516 24 Company Rights Issue Atew One tor two ft MJ100 pet share Issue of 40m Cumulative Redeemable Preference Shares of MSO 10 each at ««l per share with 10m detaduMe TSR B®*" 1 Qnetor tour g> MS? 00 per share Cawnray tov Capital reduction scheme to reduce par value
      516 words
    • 140 24 MCB Hotdhp Bhd: EGM at 17th Floor, MCB Plaza, 6 Cangkat Raja Chulan, ***** Kuala Lumpur on Tuesday, Oct 9, at 10am. Overseas Union Bank Ltd: EGM at Board Room, 45th Storey OUB Centre, 1 Raffles Place, Singapore 0104 on Wednesday, Oct 10, at 11am. Berjwtai Th Oedpn
      140 words
  • Page 24 Advertisements
    • 173 24 I .rfslr OPENS I I jA 8r Hf The Directors of Mitsui Co. Ltd., Japans largest Company H H and Jacobs Island Company pic, Londons most innovative developer H have pleasure inviting you to H I A WORLD PREMIER I I EXHIBITION I I PANAMAS PACIFIC I I LONDON I
      173 words

  • TOKYO STOCK EXCHANGE
    • 2272 25 Reuter TOKYO stocks closed sharply higher yesterday after a stronger yen resulted in easier short-term interest rates and lured buyers off the sidelines. Most sectors advanced, with the conspicuous exception of issues related to a stock manipulation scandal involving Sumitomo Bank. "Everyone is still cautious,"
      Reuter  -  2,272 words
  • STOCK EXCHANGE OF HONGKONG
    • 2240 25 HONGKONG stocks played follow the leader yesterday, rising sharply in reaction to a rise of over 800 points in Tokyo, brokers said. But they added that the local surge had probably peaked. The Nikkei Index rose 802.35 points to close at 23,630.00. "There hasn't been
      2,240 words

  • REGIONAL STOCK MARKETS
    • Australian stocks hang on to early gains
      • 902 26 THE AUSTRALIAN share market, buoyed by the strength in the Nikkei Index, clung to early gains vesterday and dosea with slight gains in leading indussaid many stocks, battered on Friday when Congress rejected the US budget pact, bounced back from oversold positions and gradually gained ground in thin trade.
        902 words
      • 625 26 STOCKS rallied moderately but domes- tic political uncertainties prevented the market from following up on sharp morning gains in Tokyo, brokers said. The SET Index closed 7.11 points higher at 680.09 in thin trade focused on finance issues. Siam Cement shed 40 baht to end at 5,266 and Siam
        625 words
      • 372 26 TAIWAN stocks rose to a sharply higher finish after consolidating strength in the key financial sector boosted investor confidence, dealers said. The weighted index rose 156.57 points, or 5.7 per cent, to close at 2,895.61 compared with Saturday's 2,739.04 finish. Turnover was NT522.2 billion against NTS2I.4 billion. Dealers said
        372 words
      • 465 26 PHILIPPINE share prices rallied to close 10 per cent higher on a surge of market confidence after a renegade colonel surrendered at the weekend to end a short-lived mutiny in the southern Philippines, brokers said. The Manila Stock Exchange composite index finished at 567.37 points, up 52.57 from a
        465 words
      • 772 26 SEOUL stocks fluctuated in a narrow range as yesterday investors shied away from the market ahead of the clearing of unsettled accounts in mid-week, brokers said. The composite stock index ended the day down 2.41 points at 614.06. Turnover picked up a little from the early session, with eight
        772 words
      • 366 26 NEW ZEALAND shares ended at another five-year low in light trade yester- day following on from a volatile session on Wall Street. The Barclays index estimate closed 21.75 points down at 1,442.69. The index was last around this level in March, 1985 but today's estimate is still above
        366 words
      • 553 26 Reuter BEARISH sentiment sent Jakarta stock prices lower, with the composite index easing 3.72 points to 446.34. Nickel producer Inco was the most traded on the regular market, dosing 200 rupiah lower at 5,350 on trade of 148,000 shares. Strong selling interest sent Bank Duta 400 rupiah down to
        Reuter  -  553 words
      • 386 26 Close PmfaMM Oct 8 SYDNEY All Ordinaries Index 1,369.5 1,356.8 +12.7 All Industrials Index 2,037.9 2,017.3 20.6 All Resources Index 848.6 841.8 +6.8 Turnover (million) 49.44 80.59 *31.15 BANGKOK SET Index 680.09 672.9 7.11 Turnover (million) NA 64.8 JAKARTA Composite Index 446.34 450.06 -3.72 Turnover (nearest *000) NA NA MANILA
        386 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 863 27  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss fanes, Nikkei Stock Index Futures and Euro-yen futures.
      863 words
    • 383 27 Cross rates octa USS SS M$ Dm Yen SFr A$ NZS USS 1.7460 2.6980 1.5455 131.50 0.5076 1.2935 1.1962 1.6142 SS 0.5727 1.5452 0.8852 0.7532 0.2907 0.7408 0.6851 0.9245 M$ 0.3706 64.71 0.5728 0.4874 0.1881 0.4794 0.4434 0.5983 Dm 0.6470 1.1297 1.7457 85.09 0.3284 0.8369 0.7740 1.0445
      383 words
    • 554 27 Interbank rates s$ Bid Offer Overnight 6 1/2 6 3/4 1-month 6 9/16 6 11/16 2-roonth 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Owi#t mode: 6-3/8 USS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 1/8 8 1/4 2 months ,8 1/16 8
      554 words
    • 553 27 FOREX MARKET REPORTS j STERLING yesterday soared in frenzied Asian trade after Britain's decision to enter the Exchange Rate Mechanism (ERM) of the European Monetary System. The US dollar fell sharply across a broad front, spurring gains in the Tokyo stock market. Sterling closed at
      553 words
    • 1418 27 SIMEX nmHHHua Open High Low Sett Est Vol Op/Inl Vol Dec 90 92.12 9120 92A2 9115 ***** ***** ***** Mar 91 92.24 92.32 92.24 92.28 8600 ***** ***** Jun 91 92.13 92.21 92.13 92.17 2300 2675 1977 Sep 91 91.94 92.00 91.92 91.94 750 839 349 Dec 91 91.60 91.63
      1,418 words

  • COMMODITIES
    • 290 28 AFP ASIAN COUNTRIES, particularly in South-east Asia, are set to log the fastest growth rate in the production of oleochemicals, industry experts said in Kuala Lumpur yesterday. Asia will outgrow Europe, the leading centre for producing oleochemicals, with an average annual growth rate of
      AFP  -  290 words
    • 421 28 Reuter THE Soviet grain harvest topped 1989's total production level of 211 million tonnes at the beginning of this month and official figures show that record output is within reach but not certain. The figures, published by the farming daily Selskaya Zhizn, said
      Reuter  -  421 words
    • 850 28 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market advanced 16 sen to M$ 16.34 per kg yesterday on strong demand from European, Japanese and local buyers. The day's turnover rose to 76 tonnes from 40 tonnes last Friday. At the
      850 words
  • 1348 28 Rubber octs mifcthMw) SccntWt Noon Close Int I RSS Prompt 155.50/156.50N 154.50/155. SON Inl I RSS Nov 90 I55.2VI55.75 I54.2VI54.75N Inl I RSS Dec I54.7VI55.25 I53.7VI54.25N Int 2 RSS OP 150.5W152.50N lSO.OOm2.OON Int 3 RSS OP I460VI48.00N 145.5<y 147. SON Int 4 RSS OP 142.00/144.00N I4I.50/143.50N Int 5 RSS
    1,348 words
  • Page 28 Advertisements
    • 804 28 NOTICES MINE MATTER OF THE COMMMCI ACT, CAP M MTRON PTE LTD (■VafcrtarylMMM At an Ertacrtnarv Ganartf IMM o< tw DMbn <i MTmOM PTE LTD dufy oorwana* and haM 1001 Bn* Read •1441 QoMan Ma Tow. Stoppers 0719flnlwlda|rofOc*ofcar19M,MU- n i A <irni hmm A4l jQeCki W9 Wy PMNt I.TMtiacaaeanybsanundifwluiMrty punuant
      804 words
    • 9 28 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 719 29 CHy mtt ETA Fight ETD MM MnW GA893 1235 GA892 0035 GA886 2220 GA974 2135 htaU* Qf82 2200 AmMH GA893 1235 GA974 2135 QF6 1830 Utmm OA471 2205 BI421 1105 ■m*T S«r1 B1421 1105 hMM B1422 1205 BI429 2030 B1430 2125 Baafkafc QF72 1135 CI664 0750
      719 words
    • 649 29  -  LETTER FROM ANGKOR WAT By Denise Young CAMBODIA'S magnificent Angkor Wat temples, covered with moss and choked with weeds, are soon to be cleaned, drained and strengthened in an international effort to reverse years of neglect. The French, who were building Notre Dame when
      649 words
    • 152 29 As at 3pm yesterday: Local dollars to one uait of foreign currency Currencies Bid Offer Australian dollar 1.4440 1.4640 Canadian dollar 1.4930 1.5130 NZ dollar 1.064 1.1140 Sterling pound 3.4250 3.4450 US dollar 1.7320 1.7420 Local dollars to 100 wits of foreign currency Austrian schilling 15.90 16.90
      152 words
    • 134 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 1-12 Singapore Business Vancouver, Singapore *****87 Oct 23-28 International Yugoslavia Fotre De 21/25.155 Development Montreal, Manufacturer?' Fair for Huntir*. Novi Sad Mission to Canada Calgary A Association Fishii* Sports Toronto and Tourism Oct 12-16 Tokyo Pack
      134 words
  • Page 29 Advertisements
    • 149 29 IV' 1 *>ituul.n milVi'ul.n I i\inj;t h.inai ll' II \irp.Tt it hoij:- mil irriMn; \t I Ly Wo' X V s±_ >| I n.MM- \!,;-.-t th _'i A I: I; I. \il! i >! i: i> li All; Air Canada FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and
      149 words
    • 125 29 ANDGET FAST EFFECTIVE RELIEF! Sote Dstnbutor Summit Co (S) Ptfi Ltd Available at all leading pharmacies. This announcement appears as a matter of record only. No new securities are issued in connection with the Introduction. 9TH OCTOBER, 1990 \5n57 The Nikko Securities Co., Ltd. (Nikko Shoken Kabushiki Kaisha) (Incorporated in
      125 words
  • Page 29 Miscellaneous
    • 230 29 manded (2,3,6) 10 The change (S) driver, the villain (6) flighty creature kept be- hind bars (4-4) quite basic "~3llZZl^iE^B^ZJ!^^tHZZjltliikitZhousing (8) 21 19 Arrange about parking for games (6) _|BLjßL_J^L^pt^Mß_ZjßL— 23 The importance of the wig Lhv LiJbeing properly dressed (6) 26 She's back in Australia in 27 A restorer
      230 words
    • 210 29 Singapore Outlook: Showers over several areas in the afternoon. Report Max temp. 32.8 assoc humidity 58% min temp. 25.5* c assoc humidity 96% hrs of sunshine 10.30 rainfall in mm. Nil rainfall this mth. 1.6 rainy days this mth. 1 World forecast Asia-Pacific Hi/Lo* Cood. Auckland 16/10 Windy Bangkok 33/26
      210 words
    • 57 29 &RISTCW Thjkl< JC*J£S- *iOJ rnuST UMD€*srT*hO T»**r Of A V*- S° ,g3 *OUND IR\V\PIL AS IT mpf>( So£m TO NOU, fi o THe Be,4D fPOUFM. OF lOWCR T^DDLf. CLC**..? NO, N0.... ojWPfT pnRKCS VDf LtFE. IN I><G LATC"IVJGN"neTH Buying Cl££< »N S£*£CH OF VThiklK Noufc C€N"HjRY OF BOUHDUESS INT££eST THfc
      57 words

  • 428 30  -  Price fall will curb rising business costs By Sangeeta Mulchand WHILE the property market has dampened because of the Gulf Crisis, all is not "gloom and doom", maintains Mr Willy Shee, executive director of property consultants Richard Ellis, yesterday. "A cooling off in
    428 words
  • 163 30 Reuter THE AUSTRALIAN authorities, seeking to reassure investors stung by company collapses and questionable financial practices, yesterday proposed wide-ranging reforms to corporate regulations. A business advisory committee of the Australian Securities Commission released draft legislation that it said would increase supervision of company directors. "This
    Reuter  -  163 words
  • 277 30 AN ADVENTURE island for the rugged and robust, a haven of recreation for all but the most sedate that's the National Youth Council's proposal for Pulau Übin off north-east Singapore. The council yesterday presented its idea of preserving and restoring the 1,019hectare
    277 words
  • 367 30 The Gulf Crisis OMAN'S Sultan Qaboos said war-talk was on the lips of most Arab states frustrated that two months of sanctions and diplomacy had failed to dislodge Iraq from conquered Kuwait. In the latest development, warships from three Western navies, enforcing
    367 words
  • 721 30  -  The Bottom Line By Anthony Lewis The writer is a columnist with the New York Times, where this commentary first appeared IF YOU WANT to know why we in the US have a paralysing budget crisis, you have to go back to
    721 words
  • Page 30 Advertisements
    • 169 30 PlygeT /MILLIER EN HORLOGERIE DEtVIS 1874 GENEVE "At Asia Pack '89 we sold 70% of business up till 1993 at the very least." machines on display and added new AsiaPack'9l will be held jointly agency lines. Three big export deals W /CTX with AsiaPrint'9l and AsiaPlas'9l. were closed, and orders
      169 words
    • 182 30 Hopes rise of solution to Palestine problem; EC makes fresh call for political solution; Dubai awards gas contract, Pg 9 Uniglory offloaded 150 containers in Singapore, Shipping Times Pg 1 4 The bottom line is that you can have the same software used by 200 companies in the renowned Fortune
      182 words
    • 6 30 PiageT /MIUJER EN HORIDGERIE DEPUISIB74 GENEVE
      6 words

  • Shipping Times
    • 397 31  -  By Rahita Elias JAPANESE ship supply giant Fuji Trading is to invest one billion yen (about $13 million) in its Singapore operations in the next three to five years as part of its worldwide diversification into the nonmaritime sector. The group, which also
      397 words
    • 289 31 AMERICAN President Companies (APC) has cut back on 380 jobs following a "cost repositioning and process simplification" programme announced in late-August, said company chairman Bruce Seaton. "Because of attrition and the company's ability to place employees into open positions, the actual number of
      289 words
    • 317 31 HONGKONG'S tax authority is clamping down on a HKS2 billion loophole that allows the world's airlines to claim generous tax allowances in the territory. The Inland Revenue Department notified the aircraft leasing industry in June of six revised guidelines on leveraged leases,
      317 words
    • 163 31 THE Japanese Transport Ministry has decided to help construct facilities for scrapping ships in India, Pakistan, Bangladesh and other Asian nations, Japanese ministry sources said on Sunday. The sources said the ministry planned to urge the Japanese shipbuilding industry to establish joint ventures with local
      163 words
    • 254 31 Reuter IN YET ANOTHER sign of troubled times in the airline industry, Trans World Airlines Inc is laying off between 450 and 500 staff and may cut some flights. TWA spokesman Donald Morrison said in Chicago last Friday that the airline is cutting management and
      Reuter  -  254 words
    • 395 31  -  By Selva Kumar THE NAVAL BLOCKADE in the Gulf has led to Tai-wan-based Uniglory Line offloading some 150 containers of Kuwait-bound cargo in Singapore since August. Most of the cargo has been claimed, leaving only nine boxes awaiting instructions from their owners in Taiwan,
      395 words
    • 208 31 AFP ARMED Asian pirates raided an Australian container ship in the Straits of Malacca recently, robbing the ship's safe after tying up the skipper, its owners said yesterday. Speaking from Sydney, TNT Ltd spokesman Tony Hill said the transport group's container vessel TNT
      AFP  -  208 words
    • NEWS SUMMARY
      • 40 31 The Group of Five, the exdusive association of shipmanagers, has decided to open its doors. The catch is that to qualify, shipmanagers will have to pass the acid test of an audit Page?
        40 words
      • 52 31 IN SUMMER next year the Soviet Arctic waters will be opened to international shipping. Murmansk port authors ties will be accepting orders from all freight agencies who wish to take advantage of the shortest sea route between Western Europe and the Far East
        52 words
      • 41 31 TED ARISON, an immigrant from Israel who founded Carnival Cruise Lines Ine in 1974 with one ship, is turning over the title of chairman to his son, Micky, 41, the company's president and chief executive Back Page
        41 words
      • 47 31 DUTCH flag carrier KLM Royal Dutch Airlines said in a statement that sharply increasing fuel prices and insurance costs combined with unfavourable currency fluctuations could result in the company suffering a considerable loss in the financial year 1990/91 Back Page
        47 words
    • LOG BOOK
      • 98 32 MITSUBISHI Electric Corp will start marketing what it says is the world's smallest, lightest cellular phone this month, a company spokesman said. The phone weighs 297 grams. Motorola Inc's Microtac model is currently the world's lightest 303 grams, he said. Mitsubishi Electric will sell
        98 words
      • 103 32 JAPAN Air Lines Co Ltd has launched a wholly-owned subsidiary in Tokyo to provide international chartered flight services. The new company, Japan Air Charter Co Ltd, is capitalised at two billion yen and will begin operalion in the early part of the year starting
        103 words
      • 82 32 SOUTH AFRICAN shipping, travel and leisure group Safmarine and Rennies Holdings Ltd said it expects to increase profits and earnings per share in the year ending June 30, 1991, subject to no further economic deterioration. Last month it reported a rise in earnings per share to
        82 words
      • 78 32 AEROFLOT, the national airline of the Soviet Union, is considering replacing Havana with Miami as the hub of its Latin American operations because of a fuel shortage in Cuba. George V Terentiev, the airline's commercial director in New York, stressed that regular Moscow-Havana •service
        78 words
      • 68 32 'SIEMENS AG's Siemens Transportation Systems Group has created Siemens Transportation Systems Inc, a New York-based company designed to handle growth in the North American railway transportation market. The firm said it will offer a comprehensive array of rail technology, focusing initially on the light rail market,
        68 words
      • 65 32 ORIENT Overseas Container Line (OOCL) has started the first Canadian double-stack train (DST) service between and Toronto/Montreal. The new service is operated on a fixed-day weekly basis under a contract signed between OOCL and the Canadian National Railways (CN). The transit time from Vancouver to Toronto
        65 words
    • 1018 32 The Group of Five, the exclusive association of shipmanagers, has decided to open its doors. The catch is tnat to qualify, shipmanagers will have to pass the acid test of an audit. Lloyd's List EVER since the Group of Five Barber International, Columbia, Denholm, Hanseatic and Wescol
      Lloyd's List  -  1,018 words
    • 732 32 Oct $-11: Conference on Ship Repair and Life Extension of Ships, organised by Institute for Intemational Research, Dynasty Hotel, Singapore. For more details contact MR at tel: 338-3521. Oct 9-11: Tourist Oceanology International, exhibition and conference, Monte Carlo, Convention Centre, Monaco (Details: Spearhead Exhibitions, Rowe House, 55-59 Fife
      732 words
    • 12794 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,794 words
    • 3280 45 A* Contaiaeriiae NV: Bebin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Graf: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Busiaess Corporatio. Philippic: Calsource Shpg A Trdg Pte Ltd Atotnkiei Uaer Service: Kim Shpg Trdg(SX Aftnfrtt Saa-Ah Service Frata Shpg Pte Ltd (S). AIM
      3,280 words
    • 234 45 Abacas Couriers Td: 545-8011. Fax: *****98. Ak Express Travd Td: 533-3771. Fix: *****44. Aktane Freight CarparatkMi Td: 542-8844. Fax: *****16. *****80. Akiwtft Worldwide Coartar Td: 278-0188. Fix: *****83. AJS S^piki Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Td: 344-3377. Fax: *****50. Oaatae Liak SappHes A Services
      234 words
    • 1367 45 Ahex Exym Frdgbl Td: 542-7171. Fax: *****84. Artiiic Fofwif^ff Tet 225-1 (33. Fax: *****42. ArOrair Slmmr Tet 542-7812." Fax; *****20. Tet'sTs-^3l^F^Mso9os' Tet' 542-5911. Fax: *****18. Air Caiga Ncwo Expreaa Tet 542-5454. Fax; *****06. Air Expreaa htoHtfnd Tet 542-7666. Fax; *****74, *****50. Air Market Expreaa Tet 542-5966. Fax; *****10.
      1,367 words
    • 2717 46 ARGENTINA Bmms Aim: Port quid, partly as result of draft limit of 25 ft. Dredgers are working along the channel and permissible drafts should slowly be increased. Saa Lorenzo: Two vessels loading pelletized meal; 2 vessels in roads awaiting berth to load pellet ized meal. Kaaarioc One vessd
      2,717 words
    • 636 46 SHIP SALES TANKER RATES Reuter. AFP SECONDHAND tonnage brokers repotted the failed sale of the 1970-built tanker Alandia Trader (99,999 dwt), sold to Greek buyers in September, the vessel has now been re-circulated at an asking price of US$B million. A resale Panama* tanker of 65.000 dwt is dose to
      Reuter.; AFP  -  636 words
    • 481 46 ARRIVALS DEPARTURES Of Flight Tyye ETA Fw Q» Hgt Tyy ETP T» TODAY TODAY KAL ICE697 B747F 0155 SEL FDX FM66 B747F 0200 BKK/TPE/ NCA KZ205 B747F 0215 NRT NRT/ANC/ JAL JL6I7 B747F 0345 NRT SFQ/LAX SIA SQ802 B747F 0230 SYD/AKL KAL KE697 B747F 0440 BKK NCA
      481 words
    • 354 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Dtp NitrfVawl ETA ETD Port Age* Ports afCafc OCTOBER 09 09 Royal Viking Sea 0800 1800 Barwil Agencies Sin-K.uantan-Pattaya-Kuan tan-Sin 14 IS Song of Flower 1300 2200 Neptune Agencies Sin-Seribu-Jkt-Seribu-Sin 22 22 Song of Flower 1100 2200 Neptune Agencies Sin-Senbu-Jkt-Seribu-Sin 23 24 Andaman Princess
      354 words
    • SHIPS IN PORT
      • 599 47 IhyWi inmI ¥oy Hi B«r*> IWwl igrtw mpilt Wharves tan Soon li 39/90E P1B 0910/0700 0910/1800 Gushan 2/90 K33 alongside 11.10/2300 Rns Madura 08W PIC 09.10/2200 10.10/1500 Kota MoM E 865 K32 alongside 1310/0600 lampur* iaya 17/90 P2B 09.10/1300 10.10/0600 U Her* 9 K30 alongside 14.10/0600 Mam
        599 words
      • 1172 47 RECEIVING Of EXPORT FCL CONTAINERS AND LCI CARGO Record BooUnc/BaiancT tote Sty Voy No Etb/Btr Period From To From to Qacy 4A 09/2100 1 08/1500 08/1659 08/1900 to j*je 1GA 10/1900 1 08/1500 08/1659 08/1900 4 09/1200 09/1459 09/1700 Arthur Ms 9012 11/1300 3 09/0700 09/1159 09/1400 4
        1,172 words
      • 316 47 Port KUng South Part on Oct Bum Han berth 1; Stott Taurus berth 2' Pieces Pioneer berth 3 KCT: Asian Princess berth 8; Thana Bhum berth 9; TSK Melody berth 9; Busan Glory berth berth 10; Tikon Kiselev berth 10. Narlh Port Neptune Spinel berth 12; Xin
        316 words
    • 1087 47 THE FREIGHT market tended firmer on Friday, featuring new grain fixtures, coal enquiries and active time-charter business. Market talk that firmer rates of US$2l and USS2I.SO had been paid for 52,000 tonne cargoes for end October loading on the US Gulf/Japan grain route plus talk of Soviet wheat
      1,087 words
    • 678 48 Novosti IN SUMMER next year the Soviet Arctic waters will be opened to international shipping. Murmansk port authorities will be accepting orders from all freight agencies who wish to take advantage of the shortest sea route between Western Europe and
      Novosti  -  678 words
    • 348 48 TED ARISON, an immigrant from Israel who founded Carnival Cruise Lines Inc in 1974 with one ship, is turning over the title of chairman to his son, Micky, 41, the company's president and chief executive. Ted Arison, 66, plans to stay
      348 words
    • 211 48 Reuter DUTCH flag carrier KLM Royal Dutch Airlines said in a statement that sharply increasing fuel prices and insurance costs combined with unfavourable currency fluctuations could result in the company suffering a considerable loss in the financial year 1990/91. In the
      Reuter  -  211 words
  • Page 31 Advertisements
    • 644 31 SSWff NEMG METAL CO PTE LTD 13. TUAS AVE U. atNOAPOfIe 22H Tf LEX RS 20*71 SHMCPI TEL: Ml Ms9(StaM| TILIEAX mi 2M4 J*\ I k K En»r«>»•<* **A*G*MKM II 11 lbs. toUte** t i.i FT kn^X lonr> /fuua I Cm. Illli Ei«cr>c >orkin IB i SmJaUm BfSi I"* 1
      644 words

  • Page 32 Advertisements
    • 83 32 I FOR BITS AND Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and features in the > areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus is on local
      83 words
    • 107 32 FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE The member Lines of the above Conferences have been monitoring the berthing situation at the undernoted ports and have reported and agreed on the following:— Istanbul
      107 words
    • 29 32 C*ingqporo Businkssman OF thi Ykai Aw&n Entirfmsi AWAKD OUTSTANDING Manager Aw am Have you sent in your nominations yet? Closing Date: October 20,1990 CalKayLiew on 344-8955 for more details.
      29 words

  • Page 33 Advertisements
    • 1864 33 tm 5555 SHIPPING AGENCIES Mil#/ FES9I ik 220 LVw# J SHIPPING AGENCIES SON. IHO PORT KELANO TEL *****11 TELEX NO. MA*****/MA***** KNAN6 TEL *****4 TELEX NO MA***** CfS TEL 348U pXy »o Bagg .ars IMPORT EXPORT ILK I CHA I NFK INTC INFX MP fvraumAg SOP UH >!!£_J£L sr]"f ssi
      1,864 words
    • 877 33 INDEX Tomwßnsgs Pace Col P««e Col i jr i m I I 1 I Mac-Nets Agencies 14 1/2 ABC Containertine 13 5 Macoline 18 2/3 Accord Group 8 1-3 eMaenkLine 3 4/3 Albatros Sea-Air 14 5 .MISC 14 1-3 'inline i y 4 ShpfCorp 9 1/2 APt Line 14 4
      877 words
    • 2012 33 ■BlMlfll Vmml Vo* ETA ETO "Port 'Pwtang DESTINATIONS Singapore Krtlifl TMs «■■> Uogratw M (00S Clwlnj Tim* r«»a»r by cy i«/io o*oo mrs u Fan* a CFS IVIO »as HRS M Tauro OAK LOB MOU MEM ATI IMA CHS SAL PHL NYC MON TOH MAROneTHt M 900 a 16/10 17/10
      2,012 words

  • Page 34 Advertisements
    • 1148 34 W-m 1 aT#WA ma m w MA h I■ P I m■ lTi E^l«H|jH|ZMlZilZllvv«iiMPT^inTfV9ve^^H VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BWEMERHAVEN ANTWERP LH HAVRE HAMBURG EXPRESS 96/S2l 11/10 5/10 30/10 1/11 28/10 4/11 TOKYO BAY 01/525 14/10 31/10 2/11 4/11 VII 7/11 KOWLOON BAY 07/524 18/10 12/11 8/11
      1,148 words
    • 517 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC II 28/10 8/11 10/11 15/U ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO, APIA ft NUKUALOAf A DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Alw accepting Carp to CalUo (Pant) via Valpa Agenle: SINGAPORE:
      517 words
    • 1449 34 E3 mrr HBySH REGULAR MOEPENDEMT FULL CONT/UHOI SERVICC WESTBOUND FOR EUROPE VSL/VOY SIN ALG RCL FEL ROT ANT HAM BRE IMA (VIA (VIA (VIA ALG) ROT) NAM) N. SUSAN 9032-3 15/10 06/11 09/11 12/11 13/11 ISU 16/11 17/11 21/11 N. SHARJAH 9033-3 21/10 11/U 14/11 19/11 21/11 24/11 23/11 25/U
      1,449 words

  • Page 35 Advertisements
    • 1702 35 Maritime Holdings Ltd W* P&O MfI&STRAITS SHIPPING! TOk containers OSSlVlVSRHWsyv^nwsw^vivmvHHßflDnwsi Kl I i4 T llll M IIIiMSW" MSwil I kill No iPMa* Span kIM H'burj rkavan ram Lak *552? 001 HAMBUK EXPRESS *fS2I *T BMWM7/10 11/W Mfll 31/10 (Wll 2*lo (*ll CA CO TOKYO BAT 01/525 T BMUM-0710 14/10 31
      1,702 words
    • 1672 35 TO: EUROPE TO: FAR EAST SP LM ROM HAM I'HVN FLX SPORE NK KAO KOfl BU CMOYANC GLORY 001W 13/U H/M l/U VU <A 1 Vll HAIt)IN HAMBURG OKE U/M UfU 17/ M Mt CNOYANC SUCCESS 011W 2*lo 7|U ||11 «U Wll 12/11 NAN JIN ROTTERDAM ME 15/11 11/10 IJ/li
      1,672 words
    • 389 35 STRUTS/ JAPAN/ STRAITS SERVICE SPECIALIST M HMD* HEAVY LIFTS VESSEL CMUN ASIAN OOMK ASEAN KUAN STAR TRADER VOY. NO. 2 11S 2 S s>« in pt vn am nm p. mmc u/m 2rtio an* w» Hong Raag 17/ M Yokoham M/M 7/11 13/11 21/11 Nafaya 21/10 1/11 11/11 17/U Oaaka
      389 words

  • Page 36 Advertisements
    • 637 36 n CR Nan 11M7t*****-D EXPRESS SEMI-CINTAINERSNIP SERVICE Tl EUROPE MUVOT Irram *DA*AOAM HMJR6 MOKN AATWMP von. nam wu wu mj «g nraiiArvMra imwl WJ W W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERIBED CARGO M)|hl to MuomnL Ako e*«o to CMbknca, Pttfl SaM. Pott Q—. TWwto. ALSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO
      637 words
    • 760 36 16ft HANJIN SHIPPING yy «r FULL container service S'porf LsHsvrs R dsn H*burc I'hivw Fttowi FEEDW VSL SIN LJNC HAUL LAX OAK CMOYANC GLOffY 001W ifilO 31/10 IfU W\ Vu Sll NAMWIIC OKC Ufli H. POHAM6 MX 2/U VU CHOTANG SUCCESS 0U» 20/10 7/11 W W 11/11 Wl NANNN ROmMjAa
      760 words
    • 1296 36 Hfil H i H .in 1 HHk H 1—» ||TwJ|M |pB 3sw "p|T|iT>M 13 Milil SI I•» IK! Mil ZilJl 3 i naSGPHKCKSCKUPUSIKTOMKTYOIAXSFCrTL CM BAI WYC UW AMI KM FUC NK If I ft ctowTH K4B rnfl iia« iioo 17/n iwim 2W jvm 2w« am an« wu run am rmi
      1,296 words

  • Page 37 Advertisements
    • 1713 37 -S j NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S BOOKINGS: tZ >y UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 S TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 MW CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA
      1,713 words
    • 1297 37 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SPOR£ |MANILA HROM VOYAGE SNW HUANG MM I'MAVtN TXJURY
      1,297 words

  • Page 38 Advertisements
    • 1384 38 K line KAWASAKI LTD. I EXPORT N. AMERICA-PACIFIC SOUTH-WEST II IMPORT N AMERICA PACIFIC SOUTH-WEST /saura* rsr ar fSBSHSSi rn,, tit, 55 ///SS fisT I H t» SsSs. T Ts [Ml HS" 10 9 24/10 w!o 27/10 SmTSmi 37 lii'll 2W 2J/1! gg£™JSHf »!o UlO 2VH> &sffwo« 9 2lio "j/U
      1,384 words
    • 1065 38 PHIU-ORI€NT UN€5 PTC LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 I" TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA Sflfcajgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION I 13 OCT MONTREAL, Ottawa, Toronto, VANCOUVER, S*WESTERN ONTARIO.
      1,065 words

  • Page 39 Advertisements
    • 1687 39 assessJEnF■ pacific international lines (PTE) ltd gggMjygi gg Jfc PIL Buildng, 140 Cecil Street *0300, Singapore 0106. Jll B |J| lJMJillJlj l H 1 lf| 11| I I |Bf QK 0 K s|W I VESSEL VOY SIN JKT S* VESSEL VOV SM BKK f EDEN 9033 11/10 13/10 17/11 KOTA
      1,687 words
    • 1105 39 f BENUNE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** HHI EXPRESS CONTAINER SERVICE TO UK/CONTINENT |VQY SPORE PKLANG HAMBURG BHAVEN RDAM I LHAVRE" Hamtxjrg Express* 98/521 11/10 5/11 30/10 1/11 20/10 4/11 Tokyo Bay 01/525 14/10 Via Lex 31/10 3/11 5/11
      1,105 words
    • 318 39 M MYANMA wBBk FIVE STAR LINE (Myarimar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg MAGWAY Vim std m AVA VIO4W n n PATHEIN VIO6W t/12 OCT 1305 OCT HPA-AN VISSW t/10 OCT PAGAN VI62W ujVt OCT MYOMAYWA VI3IW 16/20 OCT <2* THE BANK UNE (A Mrvic* Of
      318 words



  • Page 42 Advertisements
    • 851 42 rjpn 1 ii i ly sjUj INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBC RST GERMAN S£N WFO44 I*lo 2fll *11 4/11 *11 *11 PARIS SEN WFO4C 17/16 *11 I*ll 12/U 13/11 I*ll THUERINGEN MO 24/10 17/11 I*ll I*ll 2*ll 21/11 PANAMA
      851 words
    • 1119 42 CSSSHL,, CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR COMSOUQATMM SERVICES TO: FAR EAST PORT KELANG 12/10 ft 19/10 MANILA 13/10 20/10 PENANG 12/10 19/10 BUSAN 12/10 20/10 BANGKOK 11/10 ft 16/10 TOKYO 11/10 18/10 HONGKONG 11/10 13/10 YOKOHAMA 11/10 18/10 KAOHSIUNG 14/10 21/10 KOBE 11/10 18/10 KEELUNG 14/10 21/10
      1,119 words
    • 337 42 LOADING FOR VESSEL 535 CM MM MIMS HVIOEO *10 ST* ¥1T PMUA C ISAKL IIn» *u »U w tn V MM 2 msTVEEN i am tfli ir/v wu yi orr I v nu2 I DISCHARGING FM BRAZIL ONLY sporelhnl nk kee wisan tor nqo km MOSmEEN I nil VII mi
      337 words
    • 1337 42 to t B 4fr *s] fe *3? CHINA OCEAN SHIPPING COMPANY ccsc TEL: 22(1900 I FULL CONTAINER UNER SERVICE toe*K MBOMSHIP CR NO II7CTMMM CA«lfc COSTULIHC General Agents: OOSTAR SHIPPING FIB LTD VtSStLVOT SCP "fix HOT HAM ANT CttK VtSSELTVQT fL> »0 t MAM ANT DM W__ QIU NE/MW 13/10
      1,337 words

  • Page 43 Advertisements
    • 812 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 13/10, 19/10 EUROPE all Ports 13/10, 16/10 BANGKOK 15/10, 19/10 HONGKONG/CHINA 12/10, 16/10 SYD, MEL, ADEL, BRIS 14/10, 20/10 FREMANTLE 11/10, 19/10 MANILA 12/10, 19/10 PKLG/PENANG 13/10, 17/10 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Panang
      812 words
    • 244 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnea) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Linea) 0-' ETHIOPIAN SHIPPING LINES f (National Lines of Ethiopia) ACCEPTING FCL ANO CONVENTIONAL VESSEL IVOV ETA I LOADING FOR SPORE NETSANET 20WB 2/11 OARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT ?3WB 25/11 OARESSALAAM MOMBASA
      244 words
    • 844 43 W-P.T. MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA. MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS, r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE "VSL VOY SIN JKT P/U
      844 words
    • 935 43 BANGKOK CEBU/MANILA VESSEL I VOY I SWCAPORE BANGKOK IvtSSa [VOT S PORE CEBU 1 MAMKI JENLINK 26N W«d 10/10 Sat 13/10 SO ORIENT 41R 12/1» 17/ M tt/M NANTA BHUM MM Thur 11/10 Sun 14/10 KITI BHUM 42S 19/10 24/ M 24/11 SIRI BHUM# 4BHI Fri 12/10 Mon 15/10 SO
      935 words

  • Page 44 Advertisements
    • 1290 44 A m MAC-NELS SINGAPORE funn TEL ggtg 1 wwr TEL MUMF] PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 I lp KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 l-|V"/\ JJ- BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087)
      1,290 words
    • 388 44 rpr BLUE STAR L|NE SINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. Pit AUCK ITT MULBERA ITS 1» Oct »Oct Via NPI 30Oct
      388 words
    • 866 44 vSEI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH rasa Iwt leta Inn rasa vtr eta dest KIM SOON LI 39/90E 09 OCT PENANG EQUATOR JOY 25/90E 15
      866 words
    • 335 44 fi&sM ORBULKV I NORBULK CARGO SERVICES LTD. I I regular conventional I I TIMBER AND PLYWOOD SERVICES I SP PK LOADING FOR I I S£A CREST NB-117 Sailed In PI RDH/ANT/UK I I VIENNA WOOO NB-111 19/10 21/10 ROM/ANT/UK I SWK/SABAH LOADING FOR I I NBT-34 11/10 KANDLA I I
      335 words


  • Page 46 Advertisements
    • 66 46 tiHT^iM■ nrrs r Ttl: *****27 Far. *****30 %»T^^ r Tlx: RS ***** INETCO r.R kq. I VESSEL VOY NO. SIN MAA CAL I ILOVIK 131N 09/10 18/10 I TIGER CREEK 100CNB 03-05/10 11-15/10 I ALCOR 132N 14/10 21/10 I TIGER RIVER 107CNB 13/10 22/10 I ILOVIK 133N 23/10 29/10 TIGER
      66 words
    • 66 46 [aocs| tUHUPfc/Ji.E.A. BREAKBULK SERVICE 4jr VESSEL KRISSA SINGAPORE 9/10/90 REQULAR CONVENTIONAL SERVICE TO CfflNA Vtnel S pore P Gudaoj Pwi Loading For OAK In Ft HUANGPU SHAN YIN 13/10 In Pt HUANGPU/SHANGHAI JIANCHANC UAO HUANGPU LISHUI 13/10 21/10 HUANGPU/XIAKN LEOU 20/10 HUANGPU,'XINGANC OA 00NG HAI 4/11 HAIKOUSHANTOU SCHINDON TRADE A
      66 words
    • 15 46 QRjErn^uj^Uras KKU SIN PKL DEBTN SINQA SKY/***** SW In Pt FLU/ANTfIJK/BFS 'BLUEBELL SUSANNAH/***** Sid 10/10FLU/ANT/UK(HUL)
      15 words
    • 76 46 c VENIJSVIHATUNES RORO CONTAINER SERVJCBHE^yFI^ISt^! VESSEL SIN BBY VESSEL SIN BKK I ALGENIB VIE/00 11/10 14/10 ALGENIB V2W/90 17/10 25/10 ALGENIB V3E/90 10/11' 14/11 GENERAL AGENTS: SWISS SHIPPING PTE LTD. TEL: 273Q088 (8 LINES) TLX: R8 ***** SBFA FAX; *****03 VESSEL VOY NO JKT SIN BRISB SYD MELB WATERMOLEN 103
      76 words

  • Page 47 Miscellaneous
    • 425 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 *****100 0700 MOO ***************0 **********001M***********0 2100 2100 2210 2300 JR 1.9 2.4 2.6 2.6 2.3 11 1.3 1.1 1.0 LI 1.4 1.9 2.6 3.1 3.1 2.9 25 11 12 0.7 05 14 0.4 0.7 pf> 18
      425 words

  • Page 48 Advertisements
    • 318 48 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 15/10 TONG HENG 02/90 30/09 12/10 SPRING STAR 09/90 06/10 17/10 For Enquiries Call CALVIN HO/DANY LAU 1 V/ll J TEL: *****66 FAX: *****10 \Jfily TLX RS ***** HHSHPG PT. PELAYARAN. *terf*MUTIARA SAMUDBA ABUNG KUALA
      318 words
    • 688 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SLA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI CHALLENGER i7E 12/10 11/10 5/11 7/11 10/11 9/11 HYUNDAI COMMANDER M 3/W 6/09 9/09 27JD9 7/10 HYUNDAI INNOVATOR 36E 20/10 25/10 12/11
      688 words
    • 593 48 CHARTPOINT Every Saturday in Business Times frMtw tram Ivor PMC PHI Hotfwr Vmm 4 I Vor SIN I LAX |OAK IHOU 10A1 ICHI/ INO* KM NYC Ulliytu COC tUMCA nammwc VJM Vtt ALLICATOt VKTOiV V-***** IVM Uti Ifll WW Tu IIU 7/11 jfu OUR USA mwcA utmimwc vat ii/m alucatoii
      593 words

  • Property
    • Article, Illustration
      306 49 EVEN before the Gulf crisis, Singapore's property market was showing signs of maturing. Sentiment, which peaked with the $690-million sale of the Paragon in August last year, has given way to caution as oil prices spiral and stock markets slide following the Gulf standoff. Two months into the Gulf crisis,
      306 words
    • 1760 50  -  With an extremely tight office market, strong demand and an acute islandwide undersupply of offices, the short-term office market is likely to enjoy high occupancy and rental rates, says Jim Williams Jim Williams The writer is a director at Jones Lang Wootton WITH the world's
      Source: JLW Research September 1990  -  1,760 words
    • 1128 51  -  Prices are beginning to stabilise, reflecting the uncertainty over events in the Gulf, but more importantly, a more mature market, says Anthony Damon Anthony Damon The writer is the director of research at Chesterton International Property Consultants Pte Ltd. SINGAPORE is a property-owning society and
      1,128 words
    • 1075 53  -  For most of us, buying a property is probably the biggest investment we will ever make. To help you make the right choice, we list below some factors that should be considered in buying a property. *1 Peter Ow The writer is associate director
      1,075 words
    • 217 53 PEOPLE in the property business will have another chance to showcase their projects or mingle with new contacts in Real Estate *91, to be held between Jan 5 and Jan 9 next year. The exhibition on real estate, organised by the Trade Exhibition Consultants (S)
      217 words
    • 1001 54  -  Flexible leasing schemes as well as flexible building designs are needed to draw MNCs to our shores, says Christopher Fossick Christopher Fossick The writer is the general manager. Commercial Agency, Richard Ellis (Pte) Ltd. AS MORE multinational companies set up or expand their
      1,001 words
    • 819 54  -  Under present market conditions, property companies with strong recurrent rental income or cash flow are likely to show better share price performance, says Seah Kiat Seng Seah Kiat Seng The writer is with Morgan Stanley Asset Management. THE GEARED nature of the property market
      819 words
    • 1584 55  -  Though there may be a conflict of interest between planners and developers, both must work together to bring about a thriving city, says Liu Thai Ker, chief executive officer and chief planner of the Urban Redevelopment Authority Liu Thai Ker, WHILE planners conceive plans for a
      1,584 words
    • 2332 56  -  Bom to shop. That's what Singaporeans seem destined for. And new shopping centres and new shopping concepts will ensure shopping remains an experience in itself. Francis Lim highlights some trends in retail developments. Francis Lim The writer is a director of Knight Frank Cheong
      2,332 words
    • 947 58  -  I j With the high occupancy rate and tight supply of industrial space, there is a likelihood that demand will remain strong in the short term. Tan Kok Eng observes the trend. Tan Kok Eng The writer is anociate director of Debetthtun Tewsoh City Valuers Pt*
      Source: Debenham Tenson Research  -  947 words
    • 1696 58  -  There is great challenge for the local architects. Ong Boon Lay (below) gives his ideas on such possibilities in Singapore Ong Boon Lay The writer is a lecturer at the National University of Singapore in the School of Architecture. THERE is a growing
      1,696 words
    • 195 58 REFURBISHMENT is now becoming a good way for building owners to gain an edge over the competition, command better rentals and higher occupancy levels. A study made by the owners of International Plaza, which recently completed a two-stage refurbishment for $24.5 million, showed
      195 words
    • 1529 60  -  Retrofitting demand has gone up by 7 5 per cent over the past two years and it looks like there will be even more growth in the future, according to Chow Kok Fong Chow Kok Fong The writer is the executive director of Guthrie
      1,529 words
    • 729 60 How much will it all cost? With rising fuel prices a factor, the costs of several building materials look set to continue their upward trend. SPIRALLING costs of building materials are not likely to ease in the coming months, with rising demand and fuel
      729 words
    • 1391 61  -  The Gulf crisis is unlikely to dampen the short-term prospects for the construction industry, which is anticipated to win contracts in excess of $6 billion this year, says Pang Sing Wah Pang Sing Wah The writer is the manager, Construction Economics Research. Construction Industry Development Board.
      1,391 words
    • 567 61  -  Contractors should not have to bear all the risks of rising costs, says C Y CHIN C Y CHIN The writer is the executive director of the Singapore Contractors' Association. THE CONSTRUCTION industry has seen a marked increase in volume with the significant improvement in
      567 words
    • 571 61 THE CONSTRUCTION industry in the Asia-Pacific region is likely to stay bullish for the next two years on the back of strongly performing economies, with US$5OO billion worth of projects forecast for the next five years. Indonesia would be among the strongest performers in the coming
      571 words
    • 1393 63  -  THE hotel industry has recovered dramatically finom the days of glut and gloom in the mid-80s. Tourist arrivals have shown double-digit growth for the past three years, to be topped by an expected 5.25 million visitors this year. Still, even as hotels watch their bottomlines
      1,393 words
    • 1122 63  -  The most common way of calculating a hotel's worth is by looking at its real estate value. Hui Choon Ho gives an alternative way. Hui Choon Ho The writer is an investment analyst at Crosby Securities Pte Ltd WHO would agree that the ShangriLa Hotel
      1,122 words
    • 1241 64  -  A $180-million reclamation project will soon get underway to create enough land to meet the demand for office space well into the next century. Lee Han Shih reports. Lee Han Shih IT IS a reflection of both Singapore's scarcity of land and its
      1,241 words
    • 1148 65  -  Who wields the upper hand? Willy Shee provides a timely update on Singapore's property investment market Willy Shee The writer is executive director of Richard Ellis (Pte) Ltd INVESTOR interest in Singapore real estate has not wavered much this year but this has not been translated into
      1,148 words
    • 1814 66  -  The Growth Triangle concept has been received enthusiastically within the region and without. But as must be expected in any transnational investment transaction, there are teething problems to be ironed out, says Chow Kok Fong. Chow Kok Fong 3 The writer is the executive
      1,814 words
    • 813 66  -  Wong Wai Yin discusses a construction method gaining popularity here, especially for public sector projects Wong Wai Yin The writer is the manager of Eastern Partek Pte Ltd, a member of the Natsteel Group. THE recent completion of the International Merchandise Mart (IMM) at
      813 words
    • 125 66 ANEW course in the management and leasing of commercial buildings has been set up by the Construction Industry Development Board (CIDB) and the Real Estate Developers Association of Singapore (Redas). This is held in conjunction with the Institute of Real Estate Management (Irem), a United
      125 words
    • 824 68  -  Walton Morais consults analysts to ascertain their views on Batam's residential market, following the controversial issue of foreign land ownership there Walton Morais AFTER a year of hectic activity, when prices estimatedly soared between 25 and 33 per cent over the previous year, Batam's
      824 words
    • 986 68  -  John Dick on the laws governing land ownership on Batam island John Dick The writer is a lawyer with the Australian law firm, Freehill, Hollingdale and Page. He has been based in Freehill's Singapore office during the past two years., advising clients on investment
      986 words
    • 1093 68  -  Property transactions could become radically different with the Multiple Listing System (MPLS). This computerised system is targeted to go online early next year on Teleview, an electronic service which will allow subscribers to shop, bank, and retrieve information from home. Ong Choon Fah and
      1,093 words
    • 825 70  -  Now that increasingly affluent and sophisticated Singaporeans have had their basic housing requirements filled, a holiday home is becoming something to be seriously considered. Daniel Teo examines the various alternatives for that weekend getaway Daniel Teo The writer is the managing director
      825 words
    • 278 70 THE SPATE of invitations to resort living and golf memberships in foreign countries has not abated, and Singaporeans are now being asked to consider investing in a $224million development in Phuket. Seventy places have been allot ed for sale to Singaporeans, with a launch
      278 words
    • 908 71  -  Sick buildings are a serious threat for they can cause a decline in national productivity. Ken Lou identifies some common strains of the disease and suggests how to deal with the malady. Ken Lou The writer is an architect in private practice. HAVE you
      908 words
    • 379 71 BIG property players have marked out their territory in Tanjong Rhu, making it more than a probability that this will evolve into a quality residential district in decade ahead. DBS Land, Straits Steamship Land, the Hong Leong group and the OCBC group all have strategic
      379 words
    • 1406 72  -  The current Malaysian property upcycle began in 1988 and the going appears to be good for all the sub-sectors. Tong Kooi Ong and Lum Ming Jiang examine the prospects for the major (and some of the smaller) listed property companies. Tong Kooi Ong,Lum Ming Jiang
      1,406 words
    • 732 72  -  By Ricky Tang The writer is the deputy managing director, Debenham Tewson City Valuers. WHILE Malaysia's property market is flourishing in line with its economic growth, Johor, with its proximity to Singapore and aggressive promotion by the authorities, is forging ahead of the
      732 words
    • 754 72  -  By R Gareth Williams The writer is director of Vigeh Asia THE Hongkong property market is no different from other property markets throughout the world in so far as it follows regular cycles, which are currently running at nine-year spans. The one thing that
      754 words
    • 1242 73  -  _»z Florence Chong The writer is BTs Sydney correspondent. AFTER a five-year bull run, the Australian property market is facing one of its most severe slumps. Despite prices crashing by at least 30 per cent, more in less prime locations, billions of dollars' worth
      1,242 words
    • 939 73  -  By Alan Friedman FT ALVIN DWORMAN is one of the most discreet yet most influential movers and shakers in US commercial property. His privately-held company Adco controls USSS.S billion of assets in property, banks and financial services around the US. It
      FT  -  939 words
    • 468 73  -  JSL Elaine Koh THE rapid price gains that the Thai property market has been enjoying is likely to slow in the coming months, as the speculative froth is wiped off by the combined effect of the Gulf crisis and a peaking market. Land prices, for
      468 words
    • 1287 74  -  It has been three years since the URA initiated the conservation move. Tong Suit Chee gauges the success so far. Tong Suit Chee SINOAPORE's concerted efforts to preserve its past are taking on concrete form, with the transformation taking I place in several historical parts
      1,287 words
    • 1470 75  -  What are the prospects for the office market in the major Asian cities? Edmund Tie goes around the region and offers a perspective Edmund Tie The writer is the managing director of Jones Lang Wooiton Property Consultants. This
      1,470 words
    • 1071 75 With changes in the law, the favourable ringgit and the lifting of restrictions, Malaysia has seen an influx of foreign money MALAYSIAN real estate has recently established itself as a profitable investment centre for foreigners. The main thrust of private investment in Malaysia
      1,071 words
  • Page 49 Advertisements
    • 211 49 Efltan Elaine Koh. Snt »iKw Gouw Huat May, Angela Lee, Umn Lee, Pek TiongGee, Jarae»Oiduflwk Swee Peng, Said Abdullah, Peter Wong and Yu Chin Fun. Af**: Allan Chan, Jou#* Ckua. Ben Cna and Franca Tan *J* m 4BSr £JH Ml fai ,Mms9 ww imi nhh- SHB^^^^SBflHili^^l lll||^Jo f ~vj£oj When
      211 words
    • 180 49 INSIDE Outlook for offteo Tight supply, which is unlikdy to ease for the next year or so, should keep the office market in a healthy state. 1% 2 Residential Meter shows The volume of transactions and nice gains of last vear have not followed through this year, and the Gulf
      180 words

  • Page 50 Advertisements
    • 541 50 OAAiVTI Singapore's No. 1 air-con choice Jf I'm happy with Sanyo Air-con. t I'm sure you'll Now Sanyo has 9° ne wireless, I've the r control at my fingertips! A II one-touch control for C'M ft convenience at WINDOW TYPE HMH SA-72S *****11] Modol SA42G ■■■HUB Modal SA4BS Capably 7.0008TU
      541 words

  • Page 51 Advertisements
    • 145 51 JDC CORPORATION JDC HOLDINGS (SINGAPORE) PTE LTD JDC PROPERTY DEVELOPMENT PTE LTD Developer: JDC Holdings (Singapore) Pte Ltd Developer's Licence No. -A 1409 Tenure of Land FREEHOLD (Free from encumbrances) Lot No. 483 MK 3 Planning Approval No. -DC 89/0657-1 (9CVW/178R) Building Plan Approval No. PWD BCD BP 1080/90 Expected
      145 words
    • 308 51 EUR GARDENS LOT 282 TS2O TOEUO STREET LOT 1176 HUG'S LODGE (DISTRICT 9) n«CEnOU> PIR27 (DISTRICT 15) rREEHOU) (DISTRICT 10) rKttnOLD Condominium development comprising 14 Hl^\ units of 3-storey terrace houses locate** units of apartments ft maisonettes located 7 units of >storey terrace houses located at at Kings Road/Lutheran Road/Coronation
      308 words

  • Page 52 Advertisements
    • 355 52 .f HBB MBf PROPERTY SERVICES (S) PTE LTD the leader in Malaysian properties. "Dedication, determination, enthusiasm" That's all we took and we've come a long way. Now, we've become a visible part of the Singapore real estate scene. And we've built up an enviable reputation of being the leader in
      355 words

  • Page 53 Advertisements
    • 198 53 i i i U A Specialty Convened Marketplace feJMj You Just Can't Afford To Miss ■MVrmTIALS BY THE MILLIONS REAL ESTATE 91 wffl be the seqoel to a simitar one held in REAL ESTATE 91 Singapore's second International exhibition In real estate, will be much January this yt*, of P^'P*-
      198 words

  • Page 54 Advertisements
    • 182 54 Our Disciplined And Prudent Approach Can Make Your Property Investment Come Alive #H **\B®P \#•#^AJH :^^H %diifiy£iß s JH| B I Imß faM l 9 jwl WWmm i cy 'i vjV i B^HKjpi > Victor Sim SimChyeChoon Eileen Neo JudyQuek Managing Director Executive Director Property Officer Senior Marketing >'- Executive
      182 words

  • Page 55 Advertisements
    • 183 55 i Vj y*^^#^Bß^^fjßPBP^^^Mj^^B^^^MßßWP^P^^-*'"' 3H? 'ir» v. v -.--<g|.,j>.«... P 1 > v *■<**$■ <v\ 3 %^iggF?s*s^.- ?^&r'fy<^' ks| v^'..»i 3 !Sfe j .T~ J §g& v ■*>*g *>. rfLj. -i- jj£; Ig Vy* t*V j?*" p RBBfiR 4^sf<* i^ -'*V/ v! V. J y *>*r 3 v Sks£ caJ||Lo*-V**r jA
      183 words

  • Page 56 Advertisements
    • 138 56 i* j|.l I. *3 T ißy ?4 I 4 z£l\ .'L x WW&M3&j& D nO¥■Miff lb iP T r >: s fot& "i JS t f. H £MMi m C r \r|S i §i§£s9 I HP jM r v^^ibSA'JS&&' *> S Hg 1 *j ,v» g ly" 2** v, <
      138 words


  • Page 58 Advertisements
    • 107 58 FOR WHO, WHAT, WHERE AND WHEN j! f»j v r >v INTHE MARKET. K i .A"ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it
      107 words

  • Page 59 Advertisements
    • 452 59 I 7 1 i j L' We've brought our a little closer to home. People spend half their lives at work. Some actually As you would expect, our efforts to make our building the workplace 4 to come home seem ma rried to the office! For this reason, we've provided
      452 words

  • Page 60 Advertisements
    • 267 60 FROM VKK COMES DEVELOPMENTS OF ASSURED QUALITY. PITTA'S D'OoveVilU* Nsass IMB THECTCLEOFGOOONESS aesthetic appeal ana superior workmanship. nun at r |f|| r>| wo<»^«<pw •wiiiim They are all prime properties Offering Gracious nomes of 21 storeys condominium compns.ng two Four storeys condominium comprlslng29 outstanamg value for investment. KTSSS 'SSEXS'iSS S«ofSS"S To?
      267 words

  • Page 61 Advertisements
    • 150 61 CALL ■■■B SHELL TAKE CARE OF YOURJiEEDS. iS rill g|| Hr Service and Approval' W°"2S2SSVT S i* *****44°° flMfl Approved K lAi>p«ovH)llir^^T^B^R\ Loan IM flof $650,000 ineip® 111 cfßcooo v i Sj HI $80,000 Imi H m m NIGHT J UJ s} 'SJ New 24 Hour n 'Loan and Information
      150 words

  • Page 62 Advertisements
    • 323 62 I Phase 1 -100% sold! Overwhelming Response to Phase 2! PHASE 0 NOW AVAILABLE j Jk gentle r Gmmfuilitp J* here is your opportunity to reside in Cashew Heights, with the Cashew Heights is found in a quiet locale just off Upper Bukit Timoh Rood. It is within comfortable reach
      323 words

  • Page 63 Advertisements
    • 294 63 Since we introduced our first model in 1965, Bosch dishwashers have hod the enviable reputation of being very thorough. And very silent. Today, as we celebrate 25 years of the Bosch dishwasher, we thought we let up a little and make a bit of wave with our commemoro- Mi H
      294 words

  • Page 64 Advertisements
    • 128 64 T IHHH|H| CEJ^sssh^^^^H IfVr t-% t v a j |L 1 JJ?» g Ti i■ r JoS9a9^^^^L^Biil- as'-JL-"iE-ii'i.- W, *<•-»- ft# f m f flJM^* iP'iiP a. 1"f ji-'a^w l f JL I W *j r j "77 L A prestigious project by: Spcdßlfy Designed TO Suit YOMiT Lifestyle Wt
      128 words

  • Page 65 Advertisements
    • 204 65 1 1 r ———^a When we created One Ampang Avenue we knew exactly what kind of people would live here. Expatriates who expect fffPj Inj] the most of accommodation, recreation, convenience, freedom and security. Luxuries that come standard at One Ampang W fljl j itfl Avenue. Like the vast rolling
      204 words

  • Page 66 Advertisements
    • 34 66 PARK^^B (District ■BBKjpV. I Quality accommodation Full condominium facilities I a Excellent location 772 acres of landscaped garden I High standard of management plus 24-hour security B 8 3+l/4+l bedroom apartments Immediate occupation H
      34 words
    • 118 66 FOR INDUSTRIAL AND COMMERCIAL PROPERTIES, DBS FINANCE IS LOWER, LONGER AND HIGHER. Lower interest rates. Longer repayment terms up to 20 years. And a higher quantum—as much as 85% of valuation. We've made our terms so attractive that you can now more easily purchase industrial and commercial properties to make
      118 words

  • Page 67 Advertisements
    • 47 67 ■jpiimnp >,*- NGEE ANN CITY > 4 t 4 V A f t v 4 m A t \t i v r V* < X t V > t 4 if •ii t; i. I*;. til I m A >:i LANDMARK IN THE *«k MAKING X 3 *N >£♦ s>
      47 words

  • Page 68 Advertisements
    • 173 68 TAKING A HOME L®AN? MOVE IN THE RIGHT DIRECTION. You've made a md|or move by deadmg A A to buy j£LJ[ jUnHK Your next move: take a home loan. And the key decision, consider Singapore's foremost home loans specialist, Credit POSB Be it a house or an apartment, we have
      173 words
    • 144 68 BUILD A DREAM Registered Lots. Freehold Land* A picturesque region and unforgettable sites -THE LAURENTLANS DOMAINE LAKE REARDON is well located in -SOUTHERN LAURENTLANS- Only IV2 kilometres to Highway 327; 6 kilometres to Pine Hill Resort; 6 kilometres to Brownsburg Town, 11 kilometres to Lachute Town and 25 kilometres from"Mirabel"
      144 words

  • Page 69 Advertisements
    • 225 69 NGEE ANN CITY In May 1989, Takashimaya acquired an equity stake in Ngee Ann City and a long lease for t 0* more than two thirds of the retail space. Their equity stake represented an investment •k in excess of $300 million. Knight Frank Cheong Hock Chye Baillieu is proud
      225 words

  • Page 70 Advertisements
    • 241 70 1 ■•^r~""^^BiML:' i **H? ■>*. I Ki > I [W. 1 HhSb Im» Imagine the spectacular view... breathtaking sunrise,. Harijionisiiig .With Nature I HHHHHBfI I sparkling blue seas, dazzling white sands, F wm the courtyard homes to the exclusive editwn of large estate- rolling hills, tranquil sky, green valleys, lush
      241 words

  • Page 71 Advertisements
    • 164 71 i I v;«; r ,< r» 4 i »v *11 KM *i, Chesterton. A global professional real estate consultancy servicing all sectors of the business community. Our strength is founded on in-depth market experience and intelligence in five core business areas: J? Investments, Agency, Professional Services, Property Management and Building
      164 words

  • Page 72 Advertisements
    • 230 72 Picture your Windows with 'Jr MM)* urn m n Roller Shades Roman Blinds Bonded Shades Motorised Screens Blackout Shades Vertical Blinds SluulßiHAkfiV PTE LTD A Shod* B«t«*r Thon T)» Rett #02-29 Singapore Shopping Centre 190, Clemenceau Avenue. 5'0923. TEL 338-0966 F«r 45&-WM 3 a Har SINGAPORE INSTITUTE OF Jllll SURVEYORS
      230 words

  • Page 73 Advertisements
    • 157 73 BT SURVEYS Looking Wider, Thinking Deeper Some sutyects are of sush interest to our readers that they demand more space and more research than can be given in our dally reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      157 words

  • Page 74 Advertisements
    • 171 74 Ie L a fact that to exhaust, the 38GH can be fitted snugly a large apartment you need a large multi-room a recess Finally 3-compressor system mH an equally m h.l I It Jr Singapore, the 38GH comes with a slim-line condensing Man on 367 3522 or visit your nearest
      171 words


  • Page 76 Advertisements
    • 329 76 OMMBJUMSIMO t% '-il^ r JE3B^ r ~"\m>r %i WE ALWAYS RISE TO THE CHALLENGE. Business in today's property market is a true test of skill. Of yours. And your r6dl estate partner's. And each test demands that your partner provides proven qualities of strength, expertise and experience. Qualities found in
      329 words