The Business Times, 11 October 1990

Microfilm: NL17117
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday October 11 1990 75*
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  • NEWS SUMMARY
    • Article
      Delors rejects British proposal for hard ECU
      102 1 EUROPEAN COMMISSION president Jacques Delors yesterday rejected British proposals for a so-called hard ECU, which would be used alongside EC currencies. The proposal "multiplies the uncertainties of the future" and "raises serious dangers of competition between currencies and of a bidding up of
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    • Article
      Duty-free woes
      30 1 SMALL duty-free shops, which rely mainly on Singaporebaaed tourists, are expected to be the hardest hit by the Singapore government's ban on duty-free cigarettes next year Page 2
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    • Article
      Mendaki budget call
      21 1 MENDAKI's chief executive officer will ask for a doubling of the budget to $100,000 for 1991 Page 2
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    • Article
      Boost for growth
      36 1 A NEW SPUR to economic growth in Asia in the 1990s could come from China, Soviet Asia and the socialist countries of Indochina, says the president of the Asian Development Bank. Page 8
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    • Article
      Narrowing differences
      35 1 TRADE PARTNERS from the EC, the US, Japan and Canada are expected to narrow their wide differences as they go into the final round of contentious talks to reform world trade. Page 10
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    • Article
      Soviet bank reforms
      33 1 IN A STEP towards free-market reforms, the Soviet Union has unveiled plans for a banking system free of government control and a new exchange rate for foreign trade Page 11
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    • Article
      Magic of Bolshoi
      35 1 LISA LEE explains why the Bolshoi Ballet will always have a long queue outside box-offices, and another long queue inside hoping to join the ranks of the corp de ballet. Page 19
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    • Article
      Sea robberies on rise
      18 1 MORE SHIPS have been hit by sea-robbers in South-east Mia. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow down
      29 1 WALL STREET stocks declined broadly early yesterday, extending Tuesday's slide. The Dow Jones average of 30 industrials dropped 10.14 to 2,435.40 in the first hour of trading.
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    • Article
      Footsie down
      43 1 LONDON share prices were lower at midday yesterday, hit by rumours, since denied, of US troop movements in the Middle East. At about HIS GMT, the Financial TimesStock Exchange 100-Share Index was down 20.4 points, or one per cent, at 2,113.7.
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    • Article
      Bid for S Fodder
      34 1 HOMEGROWN Soon Peng Siong group yesterday launched a conditional takeover bid for loss-incurring Singapore Fodder Company at $2.20 a share in cash or a total of $22 million Page 3
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    • Article
      Insurer on the move
      28 1 PEOPLE'S Insurance Company, a wholly-owned subsidiary of publicly-listed Hwa Hong Corporation, has incorporated a company known to undertake broking and agency work. Page 3
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    • Article
      Indon banks' appeal
      25 1 CONCERN over repercussions on liquidity and the banking sector's workforce has prompted Indonesia's private banks to appeal for slower growth Page 7
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    • Article, Illustration
      STOCK INDICES
      28 1 Wedwsdey Change BT-MGA 542.52 -8.63 Kuala Lumpur ....470.09 -4.37 Hongkong 2,***** -41.11 Tokyo Closed Sydney 1,360.2 -15.2 Tmfey Ckaafe New York 2,445.54 -78.22 London 2,134.1 -67.5
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    • Article
      CURRENCIES
      17 1 Exchange rates US$ S$ 1.7320 Yen SSI.3242 MS..... SS0 6418 Overnight 6-3/8 +1/4 3-montn 6-1/2% unch
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    • Article
      COMMODITIES
      36 1 10.11 26 London Cold PM fix US$391.40 -US$5.60 S'pore Nov 155.75«/kg +1.00 Msia Nov238.50*/kg +0.50 KL Tin Turnover 49 tonnes -11 Spot M$l6.0(Vkg -0.34 Crvdo palm oU Turnover 414 Iocs -6 Oct M$670 /tonne 2.00
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  • Article, Illustration
    SDF to raise wage limit for grants
    475 1  -  Limit up from $750 to 1,000 per month By Soh Tiang Keng IN A MOVE to upgrade the skills of workers in the higher wage bracket, the Skills Development Fund will raise the wage limit of workers qualifying for its training grants to
    475 words
  • Article
    Businesses yet to bear the brunt of Gulf crisis
    480 1  -  Demand expected to remain stable till year-end By Anna Teo THE THIRD QUARTER just past is not likely to have borne the full brunt of the Gulf crisis and US economic woes, going by feedback from local businessmen. While all signs
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  • Article
    Lock icon US denies rumours that its troops are in Kuwait
    271 1 The Gulf Crisis Agencies THE US STATE and Defence Departments yesterday denied rumours circulating in London stock markets that US troops had moved into Kuwait against Iraqi forces. "Just a rumour, an unfounded rumour," a spokeswoman with the State Department's Gulf
    Agencies  -  271 words
  • Article
    Asian markets hurt by Wall St fall
    137 1 STOCK MARKETS in Asia fell yesterday as sentiments were affected by Wall Street's overnight fall of 78.22 points or 3.1 per cent and Tokyo's closure for a holiday. Regional markets were also affected by London's sharp fall on Tuesday; the FTSE-100 index was
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  • Article
    Air Canada to suspend S'pore services
    71 1 AIR CANADA is suspending passenger and cargo services to Singapore from endJanuary and shelving plans for two new long-haul flights from the Republic. There is also talk of the closing down of its Singapore office as the carrier consolidates worldwide activities into fewer centres.
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  • Article
    Falling Tokyo investment in S'pore: survey
    528 1 JAPANESE INVESTMENT in Singapore has been declining but there are no signs of a major slowdown in their investments for South-east Asia as a whole, a regional survey shows. Quoting statistics from the Economic Development Board, the survey by French news agency Agence FrancePresse
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  • Article
    Revamp takes a twist
    83 1 EIGHT MONTHS in the making, the restructuring of a large retail and property group has reached its final stage with two general offers for the two listed companies in the group. But events after the Iraqi invasion have taken a turn not anticipated by the major-
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      279 1 Cassette Receiver K1 FUJITSU TEN AMATEUR PHOTO STORES PTE LTO. Stafapan: Ptwne; *****33 Kuala I—nr. Phone; 757 0233 Feua* Phone, 615 965/619 014 Jakarta: Ptwne; 374 065/360 1472 Advertsng A Marketing 14 Money Chancer Rates 29 World News 10, 11 fcrcraft Schedule 29 Money Market 27 World Stock Markets 26
      279 words
    • Advertisement
      Page 1 Advertisements Column 2
      22 1 US bid to avert Arab backlash, Pg 11 Crisis revives Brazil's alcohol energy programme, Pg 28 Full report, Shipping Times Pg 1
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    • Advertisement
      Page 1 Advertisements Column 3
      124 1 Kodenstock Quality before your eyes New centre boosts training places, Pg 2 Moiesk recehts Hoe's share im Amu, Pg t Analysis, Pg 13 BRUNO MAGLI ffgfrr, p%4 b^. m HI .*JB m A r.Mlk m^H^r QOLa nfe^ Sole Agent: Ma Hex Marketing Pte Ltd Tel: 734 Fax: 737 6892 Boutiques:
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      3 1 Fad report, I^3
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Brunei invited to join pact
        58 2 Brunei has been welcomed to join the Five Powers Defence Agreement by British Minister of State for the Armed Forces Archibald Hamilton who is currently in Singapore. The Agreement links Britain, New Zealand, Australia, Malaysia and Singapore. Formed in 1971, it guarantees the security of
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      • Article
        Engineering cooperation
        42 2 THE Institute of Engineers Singapore will sign an Agreement of Cooperation with the Institution of Civil Engineers (UK) tomorrow. The agreement will strengthen ties between the two institutions and allow the lES to tap the resources of the British institute.
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      • Article
        Exercise takes to the sea
        44 2 BILATERAL naval exercises between Singapore and Indonesia will switch from land to sea starting tomorrow when naval vessels from both sides cruise into the South China Sea. The three-day exercise will involve manoeuvres and drills in the open sea.
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      • Article
        Home renovation contest
        91 2 THE Construction Industry Development Board is organising a Homes Renovation Contest' to select the best renovated homes. Aimed at promoting quality workmanship, the contest, the first such held in Singapore, will be open to both Housing and Development Board and private home owners. Winners of the event,
        91 words
    • Article
      Esso undercuts the competition
      225 2 MOTORISTS in search of cheaper petrol after this week's round of pump price increases can head for the Esso petrol stations. Bucking the trend, the American oil company yesterday raised its prices by a markedly smaller quantum tHarf its competitors had done, sparking off speculation of
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    • Article
      Small duty-free shops set to be hurt most by ban
      382 2  -  By Suzanne Soh SMALL duty-free shops, like those at the Finger Pier, which rely mainly on Singa-pore-based travellers for their business, are expected to be the hardest hit when the government's ban on duty free cigarettes comes into force next
      382 words
    • Article
      New centre boosts training places
      141 2 THE newly-opened $12 million NPB-Andersen Training Technology Centre will create 50,000 training places during the next five years. This centre, said Koh Juan Kiat, executive director of the National Productivity Board, would help to accelerate training of workers. Speaking at a press preview to mark
      141 words
    • Article
      Myanmar tourism industry stirs local interest
      367 2  -  Straits Steamship Land among those keen By Schutz Lee THE GRADUAL opening up of Myanmar's hotel and tourism industry has caught the attention of a few Asian companies in the property business, including Straits Steamship Land of Singapore. A spokeswoman of Straits Steamship Land
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    • Article, Illustration
      Mendaki CEO seeks to double budget
      478 2  -  By Harish Mehta MENDAKI turned eight years old yesterday, with its chief executive officer Zainul Abidin Rasheed announcing that he would ask for a big increase in the 1991 budget. Mr Zainul Abidin said that he was looking for a budget of $100,000, which
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      125 2 ■din x [T |\i A.> $p*< H| w > "fi ifti ir i iii^h kl^MMtt|MH» jfl K IM jwSi B I»BHm>: ,l3Bp A B B JL fit"*^ ,^jiiiiwiiiwp>'»""» up* 'i t -^"'f, H *,~> 'w t i* i£l> j^^mmmmmmmmrn^^— Yi m iir*Tf > jfl B Hftl Hf By lIH l^ii«i^^^
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  • SINGAPORE-MALAYSIA COMPANY NEWS
    • Article
      Soon Peng Siong makes a bid for S'pore Fodder
      472 3  -  By I Magdalene Ng TAKING ADVANTAGE of a depressed stock market, the Soon Peng Siong group (SPS) yesterday launched a conditional takeover bid for lossincurring Singapore Fodder Company at $2.20 a share in cash or a total of $22 million. Financial
      472 words
    • Article, Illustration
      Centrepoint faces delisting if F&N's bid proves popular
      690 3  -  By Lee Han Shih THE lengthy restructuring of B the Cold Storage Holdings (CSH) group has come to its I last stage with its two parents 8 making expected general of- fers for the two listed compa- I nies in the group.
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    • Article
      Lock icon F Merlin expects M$57m pre-tax profit
      303 3 Bernama LOSS-MAKING Faber Merlin Malaysia Bhd, which is proposing a restructuring scheme, has forecast a consolidated pre-tax profit of M 557.73 million for the year ending June 30, 1991. The group would have 398.50 million stock units in issue and its gross earnings per
      Bernama  -  303 words
    • Article
      Lock icon Outlook bright for KL cement industry: stockbroking firm
      383 3 MARKET TALK Bernama THE Malaysian cement industry is expected to enjoy growth in the next two years with the situation beyond that depending much on the performance of the economy, a stockbroking firm in Kuala Lumpur says. Omega Securities Sdn Bhd said
      Bernama  -  383 words
    • Article
      L&M after-tax profits rise to $1.8m
      267 3 SPECIALIST contractor L&M Group Investments continued to improve under the buoyant building conditions earlier in the year. The company reported a sharp rise in group after-tax profit before extraordinary items of $1.8 million for the year to June 30, 1990, compared with $452,000 in
      267 words
    • Article
      Hwa Hong's insurance unit sets up new firm
      219 3 PEOPLE'S Insurance Company (PIC), a wholly-owned subsidiary of publicly-listed Hwa Hong Corporation, has incorporated a company known as Global Trade Insurance Management to undertake broking and agency work. In an announcement to the Stock Exchange of Singapore yesterday, Hwa Hong said the
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    • COMPANY BRIEFS
      • Article
        Wing Tai postpones meeting
        88 3 WING TAI Holdings has postponed tomorrow's extraordinary general meeting in relation to its proposed acquisitions of New Chance Developments Broxbourne Assets and Cajdecote Industries. No new date has been set. The date for fulfillment of the conditions to the acquisitions has also been extended to Nov
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      • Article
        Dunlop acquires Cemerlang
        58 3 DUNLOP Estates Bhd said yesterday it had entered into a conditional agreement to acquire the entire equity of 300.0Q2 shares of MS 1 each in Jaya Cemerlang Realty Sdn Bhd non Porwik Sdn Bhd for M$U million cash. Jaya Cenrcrtang owns a piece of land in Johor
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      • Article
        Isetan listing hinges on sales
        82 3 PLANS of Isetan of Japan Sdn Bhd to seek a listing on the Kuala Lumpur Stock Exchange will depend on its ability to capture a major slice of the upmarket retail business segiflieftt in Malaysia, its managing director Mr Mamoru Kawabe-said yesterday. It would take
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      • Article
        Asetrale is a shell company
        45 3 REPLYING to a query from the Kuala Lumpur Stock&cchange, Pan Malaysia Rubber Industries Bhd yesterday said Asetrale Holdings Pte Ltd, in which it has acquired two ordinary shares of SSI each, is a shell company incorporated on 29 June 1990.
        45 words
    • Article
      Pilecon signs deal for $50m facility
      193 3 PILECON PTE LTD, a subsidiary of publicly-listed Pilecon Engineering Bhd, yesterday signed an agreement with a group of banks for a $50 million note issuance and guarantee facility. Pilecon said it will use the proceeds from the facility to meet its working capital requirements
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      134 3 KV Since 1735 there has never been a quartz Blancpain watch. And there never will be. ■w rra 23 Model shown: 6595-1418-58 ,il?. Blanc paiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual watchmaker. In all, only four
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Mayne Nickless signs US$210m loan
        92 4 P GROUP Mayne Nickless Ltd said it has >10 million transferable loan certificate (TLC) mercial paper (ECP) programme, arranged by icg Corp. The facility is in two parts, a comof US3IIO million to be issued as five year uncommitted facility of US$lOO million which either
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      • Article
        First Sino-Italian vintage
        83 4 10-ITALIAN winery has produced 800,000 bottles of its ed wine, named "Vinitalia," The New China News y (NCNA) said on Tuesday. Based in the east of the y at Hangzhou, the Marco Polo Winery Ltd was found--1981 by the China Investment Bank, the China Nationpoft Bases Development
        83 words
      • Article
        Japanese in Portugese gas deal
        90 4 INESE oil firm Idemitsu Kosan Co Ltd will operate stations in Portugal jointly with Portugese oil develnt firm Participations and Explorations Corp, a Idemitokesman said. The first gas station will be set up in ban Lisbon in February and nine more will follow by Total
        90 words
      • Article
        Toshiba to buy more from US
        68 4 IBIhIBA CORP, a major Japanese electronics manufacturfifin Tuesday said it would expand procurements of US ajjucts for itself and its affiliates. Procurement centres were ttk in San Francisco and Boston on October 1 by Toshiba HKca Inc, a subsidiary based in New York, Toshiba
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    • Article
      HK$1.5b investment co to buy some HK firms
      284 4 THE HKSI.S billion investment vehicle launched under the leadership of Sun Hung Kai and Co and the New World group is about to conclude its first batch of acquisitions. The South China Morning Post reported earlier this week that targets of the
      284 words
    • Article
      Pornchai group switches to property
      508 4 THE THAI Pornchai group is moving away from jewellery and switching to property development. Pornchai's group president Pornchai Chuenchomlada revealed to the Bangkok Post on Monday that the group last year set up six firms, each with a registered capital of Bt2o million, to handle
      508 words
    • Article, Illustration
      Lock icon Recruit ruling could affect remaining cases
      512 4 AP THE NON-JURY trial of the former chairman of Japan'* largest company has been dosdy watched in Japan as a court test of what constitutes a bribe in that country, where gift-giving is a common practice in business and politics. The former Nippon Tele-
      AP  -  512 words
    • Article
      Lock icon Gulf crisis may delay Toyota's plan in Turkey
      273 4 Reuter THE Gulf crisis could delay plans for a US$25O million Toyota car plant in Turkey, a senior official of the Japanese car maker said. "If there is a war in the Gulf, then there will be a need to take some
      Reuter  -  273 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      187 4 I SIEMENS i NIXDORF .'Ai r! J I Leading European IT-manufacturer and largest European computer plant j] One of the world's leading suppliers of UNIX-" multi-user systems. Mainframes successfully 15 introduced in all industries. II Language translation systems and software in all languages. I j i High-tech laser printers and
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      45 5 1 j Ilflßil II HP \ll f r s/ M tftrjf M 1 i [f Uf t I Jm I \sr B *k BMH 111 v 1 u IJ,j5vJ IH9 1 S^^^^BElS I I HESbB J {w«y iHB ■<?SctPß- I'lj S T f. f 8
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Renault and Volvo propose deal to Czech truck maker
      248 6 Reuter FRANCE'S Regie Nationale des Usines Renault and Swedish partner AB Volvo have submitted proposals to Caechoelovakia's state-owned truck maker, Tatra, with a view to a cooperation agreement, Renault's communist trade union said in a statement on Tuesday. -.The union, which
      Reuter  -  248 words
    • Article
      Lock icon Philips to cut 4,900 information systems jobs
      489 6 Move part of major restructuring plan Reuter NV PHILIPS Gloeilampenfabrieken will cut 4,900 jobs in its information systems division as part of a major restructuring plan. Philips' German unit, Philips Kommunikations Industrie AG (PKJ), said in a statement. Most of the jobs affected
      Reuter  -  489 words
    • Article, Illustration
      Lock icon UAL directors reject employees' proposal
      330 6 Reuter UAL CORP said its directors rejected a proposal by the United Employee Acquisition Corp to acquire the carrier. UAL said the offer presented to the board had "an uncertain but substantially lower value than the April 9 agreement" and lacked definitive financing arrangements and
      Reuter  -  330 words
    • Article
      Lock icon Cellular R&D hits Motorola's operating profits
      476 6 NYT MOTOROLA Inc, one of the world's largest producers of communications equipment and semiconductors, announced a smaller than expected increase in third-quarter profits on Tuesday. The company said it earned US$lO2 million, or 78 cents a share, on sales of US$2.7 billion in the
      NYT  -  476 words
    • COMPANY BRIEFS
      • Article
        European hotels boost Accor's profits
        93 6 FRENCH hotels group Acoor said strong business in its European hotels, particularly in Germany and the Benelux countries, helped it to post a 50 per cent rise in first half net current attributable profit Accor earlier said first half net rose to 331.0 million francs
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      • Article
        Carter Hawley to sell subsidiary
        94 6 CARTER Hawley Hale Stores, the largest department-store operator on America's West Coast, agreed on Tuesday to sell its Thalhimer Brothers subsidiary to May Department Stores Co for about US$325 million in cash and a possible US$l5 million in additional prooeeds. Thalhimer, owned by Carter Hawley
        94 words
      • Article
        Rhone-Poulenc mulls over plan
        55 6 FRENCH state-controlled Rhone-Poulenc said it is studying a plan to buy the shares in Laboratoires Roger BeUon that it does not already own. This would take the form of exchanging shares in its pharmaceuticals associate Rhone-Poulenc Rorer for the around 25 per cent of Betlon held
        55 words
      • Article
        Laura's profit takes a plunge
        119 6 BRITISH textiles, clothing and interior decorating company Laura Ashley said on Tuesday its taxable profit plunged 95 per cent in the six months to the end of July, to £317,000 (U*****,000) from £6.5 million (US$l2.2 million). Sales rose 29.6 per cent over the same period
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      • Article
        Leica ready to help Pentacon
        87 6 LEICA CAMERA GmbH, western German makers of the top-of-the-range Leica camera, is ready to help the bankrupt former East German firm Pentacon GmbH, Leica president Bruno Frey said on Tuesday. But he denied a report in the economics daily Handelsblatt that Leica was interested in
        87 words
      • Article
        London unveils new share index
        86 6 THE London International Stock Exchange on Tuesday announced the launch of a new, deutsche mark-based share index comprising the top 100 continental European and Irish stocks. The move, to take effect on Oct 29, was seen by most observers as a response to the competition
        86 words
      • Article
        BMW's 3-Series cars in Nov
        39 6 LUXURY car maker Bayerische Motoren Werke AC (BMW) said in a statement it would present its new 3-Series cars in November. The 3-Series is BMWs most important line of models in terms of turnover.
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      554 6 ANNOUNCEMENT ACQUISITION OF SHARES IN COLD STORAGE HOLDINGS LTD. Directors of Goodman Fielder Wattie (Asia) Re Ltd ("GFW") announce that pursuant to the terms of an Option Agreement dated 6 July 1990 entered into between GFW and Food Investment (SEA) Re Ltd, the company is today deemed to have served
      554 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Worried Indonesian banks call for restraint on growth
      386 7 Reuter INDONESIAN private banks, worried that explosive growth in banking is straining liquidity and the sector's workforce, have appealed for slower growth. The Association of Private National Banks (Perbanas) at its annual general meeting appealed to members not to open branches unless
      Reuter  -  386 words
    • Article
      Commercial Bank, Asia Insurance set up holding firm
      310 7 THE Asia Insurance Co and the Commercial Bank of Hongkong have created a new holding company, Asia Financial Holdings (AFH). South China Morning Post reported earlier this week that the deal, announced over the weekend, will also strengthen the Japanese links of
      310 words
    • Article
      Lock icon Visa changes rules for affinity cards
      444 7 Reuter VISA USA, the credit card organisation, has changed regulations governing affinity cards, which allow non-mem-ber organisations, such as charitable and educational institutions and non-bank companies, to participate in a credit card programme. Visa member financial institutions partner with such parties and actually issue
      Reuter  -  444 words
    • Article
      Lock icon Report urges change in American banking system
      237 7 Reuter THE US banking industry needs fundamental changes, including scaling back federal regulation, to stay competitive with foreign financial institutions, according to a draft report from a House of Representatives Banking Committee task force. "It is clear that the relative competitive position of
      Reuter  -  237 words
    • SMALL CHANGE
      • Article
        Japan to ease corporate bonds issue standards
        114 7 THE Japanese Finance Ministry plans to ease standards J&r the issue of domestic corporate bonds in November to encourage investors to use credit ratings more widely as measures of investment value, a ministry official said in T6tyo on Tuesday. This may help double
        114 words
      • Article
        Supervisors told to tighten grip
        69 7 BANKING SUPERVISORS will be called upon to tighten their grip on financial conglomerates at a two-day conference that started in Frankfurt yesterday, according to the organising Basle Committee of Bulking Supervisors. Supervisory authorities have to intensify information exchange and international cooperation to effectively supervise such
        69 words
      • Article
        Barclays opens office in Berlin
        83 7 BARCLAYS PLC has become the first British bank to open, a branch in Berlin. It is looking for business in the five regional states that replaced East Germany after unification last week. Manager Peter Storey told reporters his new branch, employing four, aimed to attract
        83 words
      • Article
        Banks in real estate tie-up
        82 7 GERMAN BANK Bayensche Vereinsbank AG (BV) and Credit Foncier de France (Ctt) of France have set up a joint real estate company CFF-BV Immobilien GmbH based in Munich, BV said in a statement on Tuesday. The nevf company will finance Franco-German cross border real estate
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  • Page 7 Miscellaneous
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  • THE REGION 1
    • Article, Illustration
      Lock icon China a potential engine for growth in Asia: ADB
      344 8 Reuter CHINA, Soviet Asia and the socialist countries of Indochina could provide a new spur to economic growth in Asia during the *****, the president of the Asian Development Bank (ADB) said. "After a period of adjustment in the early *****,
      Reuter  -  344 words
    • Article
      Lock icon Asean urges EC to help protect rainforest
      175 8 Reuter SOUTH-EAST Asian nations urged the European Community and other developed countries on Tuesday to help them protect their tropical rainforest. Indonesian Forestry Minister Hasjrul Harahap made the appeal on behalf of a delegation from the Association of South-East Asian Nations (Asean) in
      Reuter  -  175 words
    • Article, Illustration
      Lock icon Thailand lifts ban on imported cigarettes
      450 8 AFP THAILAND has lifted its long-standing ban on imports of foreign cigarettes in response to a ruling by General Agreement on Tariffs and Trade (Gatt) last month that the practice was illegal. Thai Prime Minister Chatichai Choonhavan said, "We are a member of Gatt,
      AFP  -  450 words
    • Article
      Poor infrastructure hinders expansion of Thai industry
      448 8 THAILAND, in the midst of ambitious efforts to spread the prosperity of Bangkok to other parts of the oountry, is experiencing some growing pains. The nation's poor infrastructure is having trouble keeping pace with the rapid expansion of industry. The government's US$3.B5 billion
      448 words
    • Article
      Indonesia receives lion's share of Japanese capital in Asean
      476 9 INDONESIA has been the largest beneficiary of Japanese capital in Asean, accounting for more than half the yen invested over the last four decades, a recent survey by Agence France-Presse shows. In Indonesia, early Japanese investment was focused on import substitution
      476 words
    • Article
      Lock icon Sharp slowdown for Australia unlikely: Westpac
      227 9 AFP AS UNEMPLOYMENT worsens throughout Australia, the country's biggest bank, Westpac Banking, predicted yesterday that the country would still avoid the deep recession many fear. But Westpac said Australia would experience a mild recession until the middle of next year. The economy should avoid
      AFP  -  227 words
    • Article
      Lock icon Sarawak takes steps to attract investment
      171 9 Bernama SARAWAK is giving top priority to the development and upgrading of infrastructure in the state under the Sixth Malaysia Plan in order to attract direct foreign investments. State Industrial Development Minister, Datuk A bang Haji Johari Tun Openg, said on Tuesday in Kuching
      Bernama  -  171 words
    • Article
      Lock icon Chatichai defuses cabinet feud
      318 9 Reuter THAI Prime Minister Chatichai Choonhavan, defusing a feud within his cabinet that threatened to cripple his two-year-old government, has humbled unruly ministers and emerged victorious for the moment. Government officials said yesterday that Mr Chatichai had survived a serious bout of infighting with the cabinet's
      Reuter  -  318 words
    • Article
      Lock icon Absorb higher oil cost, Philippine businesses urged
      246 9 AFP THE MAIN business group in the Philippines yesterday urged businessmen to make sacrifices in a time of economic crisis by assuming the burden for the higher cost of domestic fuel prices. The Philippine Chamber of Commerce and Industry also urged companies to
      AFP  -  246 words
    • NOTE BOOK
      • Article
        Vietnam cracks down on smugglers
        125 9 VIETNAM has rounded up hundreds of smugglers in a sometimes violent drive to try to protect its fledgling free market reforms from unfair competition. The nationwide campaign against contraband particularly cigarettes is part of a bid to boost tax revenue, protect local industry and discourage
        125 words
      • Article
        Jakarta expects oil windfall
        92 9 INDONESIA'S oil and gas revenues are expected to exceed the target of US$5.B billion for this fiscal year because of soaring oil prices caused by the gulf crisis, Finance Minister, J B Sumarlin said on Tuesday. The minister told a parliamentary hearing that during the April-September
        92 words
      • Article
        HK Chinese in House of Lords
        155 9 DAME LYDIA DUNN, a leading Hongkong politician and businesswoman, entered the British House of Lords on Tuesday as Baroness Dunn of Hongkong and Knightsbridge. Dame Lydia, who said on receiving her peerage this summer that she would be awed by taking her seat, is
        155 words
      • Article
        Bill to prevent coup attempts
        95 9 A JOINT committee of the two houses of the Philippine congress passed a bill on Tuesday imposing heavier penalties on those involved in coup attempts. The bill, proposed after the bloody coup attempt last December, was passed after President Corazon Aquino called for its passage
        95 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      492 8 (II MAKE YOUR I II CONNECTION AT 1 11 THE MEGA EVENT mmm AND find out *****1111 l WHAT'S CURRENT Asia's largest electrical electronics forum i i November 7th to 10th 1990,11 a.m. 6p.m. Daily. AAA Changi International Exhibition Convention Centre HVPRO'9O Visit the Mega Event and you will see
      492 words
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      Page 8 Advertisements Column 2
      37 8 MB BKP-■ S3 [ffigjL? j ral L2sj All lots are guaranteed and backed by jouS/ J SSw a full trade in value at our showroom. jfeo yM Auctioneers: Cheong Koon Seng (CKS) nfoji Auctioneers Valuers Pte Ltd
      37 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      237 9 •r V w WbF*<> A S jfl MB** |j *5 If n A fM m 1 r jj| H s ■§§<%& yJnJ Ji «vv 0M S j|fl p jfl Si JI r \jvigl i f f ;xu a^M automatic chronograph GP 7000 This new chronograph has a mechanical, self winding
      237 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        Brazil fines company US$2.2 million
        70 10 THE BRAZILIAN government slapped a record fine equivalent to US$2.2 million on a timber company for illegally chopping down trees in the Amazon rainforest, government officials said on Tuesday. The officials do not know the extent of the destruction caused by Gethal Amasonia SA. But
        70 words
      • Article
        Can Soviet stocks sell?
        85 10 SOVIET CITIZENS probably won't be interested in buying stocks while grocery stores are empty, Finance Ministry officials cautioned on Tuesday during a seminar on reviving a Soviet stock exchange. Worse yet, with no facilities to print share certificates, they may not even have the option. A
        85 words
      • Article
        Peru to get US$2b loan
        72 10 PERU is to receive a bridging loan of US$2.O3 billion to meet debts in arrears with the International Monetary Fund, Worid Bank and Inter-American Development Bank, Prime Minister Juan Hurtado Miller said in Lima. Mr Hurtado, who is also the Economy Minister, was reporting on
        72 words
      • Article
        EC unity could be delayed
        102 10 IMPLEMENTATION of the ambitious plan to create a single market among the 12 nations of the European Community (EC) could be delayed by the slow pace of legislation in member countries, Italy warned on Tuesday. Italy holds the current presidency of the EC until the
        102 words
    • Article, Illustration
      Lock icon Moscow unveils banking reforms
      408 10 Plans cover autonomy in policy-making and new rouble rate Reuter THE SOVIET UNION took its free-market reforms into the realm of money on Tuesday, unveiling plans for a banking system free of government control and a new exchange rate for foreign trade. Preliminary approval was given
      Reuter  -  408 words
    • Article
      Lock icon Russian federation set to implement Shatalin plan
      231 10 Reuter THE RUSSIAN Federation, the largest Soviet republic, says it is preparing to implement a radical programme of economic reforms regardless of whatever the central government decides. A statement by the Russian republican Parliament on Tuesday said the programme, drawn up by a
      Reuter  -  231 words
    • Article
      Lock icon Trade partner expected to narrow wide differences
      301 10 Reuter TRADE representatives from the European Community, the United States, Japan and Canada, scheduled to meet late this week, will be under pressure to narrow their wide differences as they go into the final round of contentious talks to reform world trade. The
      Reuter  -  301 words
    • Article
      Lock icon Call for minimum tax on foreign firms
      225 10 Reuter A BUSINESS GROUP has called for a minimum tax on foreign firms operating in the US to collect what it says are billions of dollars of taxes that are now avoided. The US Business and Industrial Council urged that the US "collect
      Reuter  -  225 words
    • Article
      Lock icon US raps Israel over Jerusalem deaths to avert Arab backlash
      563 11 The Gulf Crisis Reuter FEARING an erosion of its coalition against Iraq's seizure of Kuwait, the US has abandoned its usual defence of Israel and has drawn up a < United Nations Security Council resolution condemning Israel's handling of violence
      Reuter  -  563 words
    • Article
      Singapore condemns Israeli action
      59 11 SINGAPORE has joined the international community in condemning Israel's handling of the Palestinian unrest A Foreign Ministry spokesman said in a statement yesterday that Singapore was appalled by the huge loss of lives and the injuries caused to Palestinian civilians. "Singapore deplores the excessive use of
      59 words
    • Article, Illustration
      Lock icon Saddam capitalising on anger within Arab world
      422 11 AFP IRAQI President Saddam Hussein has capitalised on Arab wrath at the killing of Palestinians by Israeli police. Responding to Arab outrage over the deaths on Monday of 21 Palestinians at the hands of police in East Jerusalem, Mr Hossein declared that Jerusalem
      AFP  -  422 words
    • Article
      Lock icon Grain trade body hits out at revised Gatt proposals
      211 11 Reuter THE European Commission's revised Gatt proposals will turn free markets into managed ones, says the Lon-don-based Grain and Feed Trade Association (Gafta). "Gafta finds no element or shift of emphasis to soften our concern at their potential adverse impact... n
      Reuter  -  211 words
    • Article
      Lock icon Chinese team to go to US on major buying trip
      273 11 AP CHINA is sending more than 300 government and business officials to the US on a masL sive shopping trip to smooth strained trade and political ties, officials said on Tuesday. Leaders of the delegation, which sets out tomorrow for
      AP  -  273 words
    • Article
      Lock icon Brazil to tell creditors it cannot pay interest on debt
      231 11 Reuter BRAZIL will tell creditors that it cannot pay all the interest due on its US$57 billion commercial bank debt. Gazeta Mercantil, Brazil's financial daily, reported on Tuesday that Antonio Kandir, the government's special secretary for economic policy, would tell
      Reuter  -  231 words
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      Page 11 Advertisements Column 1
      185 11 fn.» I ij^L. ju| II i y BosnsxansiK ?> bbbqsP- x S ■winß|S|||H BBIBIBHBBH f BBB8i?% \r-- I sSfS^BI^^Br jfe;vr B'A' <• a <<» '< wmML Wm& '^v^Ti&k '-S> £aM KSSa. |^^^^^^^B| {tv' v v '•'IP• j!gM^Bk^.^||Bßfip.- i N .r SOLE AGENT SERVICE CENTRE: W-E-LL'T'IME SINGAPORE PTE LTD 435 Orchard
      185 words
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  • Article
    The security of economics
    494 12 EMTORML PRIME Minister Lee Kuan Yew made a point during his visit to Sarawak that clarifies a fundamental characteristic oi the post-Cold War era. As part of a worldwide trend, Mr Lee said, South-east Asia was leaving behind a period of ideological and military conflict and
    494 words
  • WHAT THE OTHERS SAY
    • Article
      A long haul ahead
      206 12 THE ORGANISERS of the first-ever National Convention of Singapore Malay/Muslim Professionals have reason to be proud of their efforts. They presented a slick, meticulous and indeed, professional image in the way they went about preparing for the convention. The large turnout was unprecedented, and their enthusiasm
      206 words
    • Article
      Another Mendaki?
      138 12 THE SUGGESTION by Mr Goh Chok Tong for the Malay-Muslim professionals to set up their own Mendaki must be thoroughly studied. Is there really a need for another Mendaki? How can we ensure that a Mendaki Swasta will lead to healthy competition without duplicating the functions of the
      138 words
    • Article
      Battle of strategies
      105 12 THE WHITE House and Congress share broadly similar views on the five-year, US$5OO-billion deficit-reduction package. The debate now focuses on specific spending cuts and tax increases, and one reason it is going on is the tremendous psychological pressure everyone is facing in view of mid-term elections. If
      105 words
  • REGIONAL VIEWPOINTS
    • Article
      Fiscal discipline lacking
      160 12 IN WASHINGTON and Moscow, politics took precedence over economics on Monday. Many Americans found their holiday weekend spoiled by the effects of the country's budget crisis. Meanwhile, the Central Committee members of the Soviet Communist Party met amidst gathering gloom over the parlous state of the economy.
      160 words
    • Article
      A new security order
      149 12 ALTHOUGH ASEAN foreign ministers attending the conference on the conference on the Asia-Pacif-ic region, hosted by Canada, rightly expressed the view that the European-style organisation to promote security and peace cannot be automatically applied in East Asia and the Pacific, that does not mean that we
      149 words
    • Article
      Making livestock pay
      175 12 THE DEPARTMENT of Veterinary Services (DVS) has not been slacking in its efforts to modernise and expand the livestock industry. For instance, it is trying out the "zero land livestock farming concept" which uses cultivated land for animal breeding to provide multifold benefits to farmers. This provides
      175 words
  • Article, Illustration
    Lock icon The last best hope for peace
    853 12  -  Stephen Solarz on why it is necessary to support the UN plan for Cambodia Stephen Solarz The writer, a New York Democrat, is chairman of the House subcommittee on Asian and Pacific affairs. NYT THE agreement by the United Nations Security Council's five permanent
    NYT  -  853 words
  • Page 12 Advertisements
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      263 12 SAFE ENOUGH TO GO PLACES J Password Security Superior VGA Scroon F.xnanriahle to SMB Ilninne Password Security and Superior Backlit VGA Screen Developed and designed in USA, the Tandon LT/386sx Laptop has three special levels of built-in security to protect against unauthorized access; and the VGA monochrome dual panel backlit
      263 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      33 12 DOONESBURY BYGAREKTRUDEM* UHfiTUPPE GOIN6TOFILM IN iOUTMM UPTHS HOOPTO 1 THESIWtOTXXV /SXIJ REVEAL A STTUrSTEAMING ISMILB FROM THE V-0 ENGINE BLOCK. XX/ SMILE fij THE STEAKS ONTT. SSSjriEecv AT TTANP UCKXXJKUPS- ENGINE V s
      33 words
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  • ANALYSIS
    • Article
      Lock icon Indonesian army examines its role in the nation
      991 13 The Indonesian military will soon be holding its fourth army seminar since Indonesia s independence in 1945, and the first one since 1972. This closed gathering will almost certainly consider the tricky question of President Suharto's successor NYT THE Indonesian military is
      NYT  -  991 words
    • Article, Illustration
      Neither bouncing nor flagging
      1327 13  -  A recent study by two economists of the impact of the Gulf crisis on the economy suggests that Singapore will emerge unscathed, resilient as it is to external shocks. Anna Teo seeks out businessmen and industrialists to see how they are faring Anna Teo WHILE some
      1,327 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      216 13 f**J' i iii 'miniwin 11 i in n HONG KONG f 1 mttSl JT 5-DAY FLY/CRUISE I AT NEVER-TO-BE SSIIQQ I H 119 HMr REPEATED PRICES! i^oo 4 One Departure only: 21 October 1990 a "Jl *S Fariitks oa bawd: Swimming Poo) Expanded Casino Karaole Lounge f it"— Children* Vidro
      216 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      Shopping habits: some food for thought
      439 14  -  By Sangeeta Mulchand ALL surveys on consumer shopping habits show that most people do not enjoy shopping for food, according to the managing director of the College of Retail in Australia, Mr Les Miles. Speaking at the six-day Asian Retail Executive Seminar which ends
      439 words
    • Article, Illustration
      A sound way to boost sales
      293 14 Study examines potential for in-store radio ads IN-STORE radio advertisements do result in an increase in sales, although at different levels for different product categories. An experiment conducted in an Australian supermarket chain showed, for example, that broadcasts on health and beauty caused sales
      293 words
    • Article, Illustration
      Lock icon Moves to shape new European ad rules
      393 16 Advertising executives take stock of 1992 NYT Advertisers and agencies are being urged to start extensive lobbying campaigns to influence the regulation of advertising and marketing in Europe when trade barriers there are eliminated in late 1992. The time to start lobbying is
      NYT  -  393 words
    • Article
      Lock icon Pillsbury updates its Doughboy
      201 16 NYT THE Pillsbury Co has revamped the of its pudgy Doughboy, the animated character that has appeared ia the compaay's ada for 25 years. la a aew campaign aimed at a more sophisticated audience, the Doughboy sings rap songs aad plays aa imaginary gaiter usiag a
      NYT  -  201 words
    • Article
      Lock icon US gun lobby fights slick ad battle
      561 16 Reuter OPEN an American newspaper and a menacing figure in the white robes of the Ku Klux Klan glowers beneath a pointed hat, clutching an assault rifle to his chest. On another page, scores of Chinese soldiers engulf a blood-drenched student who stares
      Reuter  -  561 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      137 14 To satisfy today's fast paced executive, the Compass Rose m introduces the fastest fine lunch in v Imaginative daily set created with care and flair, taking only minutes to serve so that you can get back to business with w|pfe and of course the most spectacular Singapore. ***** menu a
      137 words
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      Page 14 Advertisements Column 2
      105 14 H^ SP&r* Ipt f^lfv' w t' *\i 3t i~?S t p Aiaik 'at' bfe Bfal -V .-JJHbhil I Ji^H Vltx'l*j%^MH^^^H ™fl| w '^^■■F r -T2H It's not surprising. With a network that covers more than 140 destinations in 77 countries worldwide, you could get to any destination effortlessly with KLM.
      105 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      100 15 I illn Oi'tiilirr \i Ami PI Nanhirn Tntsnka Can! Hunt l( n I Mnrr Than The Syniplionv llrHirstra Fur v u|»|Mnt. I "> #> ,-t -WSji* I. j^^HMj^^^EmV 1 Xgg^ftJ-JK jM^S> ;t *-JL^ jH E V", v '^fr :^;r Hj "7\ t.« <. 1 ■j >y < <r» <*-»» <■■»
      100 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      38 16 if —■—i—■——... -VV2S3kO£ 'A:-' .X V i f jt is':' The Art of Fine Cognac. vC*- «SfiOS»a^^^^H v 1": $53 kj y|L£ k k. ipaE,..;g;'-- •.>• 'f -»4< Martell Cordon Bleu. The Art of Cognac Since 1715. fv\ u
      38 words
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  • SPORTS
    • Article, Illustration
      Lock icon Fed Cup bonus for top 10
      500 17 Organiser offering £253,000 bonus pool in addition to prize money Agencies STEFFI GRAF, Martina Navratilova and the other "top 10" women tennis players will share in a £253,000 bonus pool if they compete in the Federation Cup in Nottingham from July 21 to 28
      Agencies  -  500 words
    • Article
      Lock icon US and Australia favoured to win Dunhill Cup
      498 17 AP THE US will be co-favourite when it defends its title in the millioi-dollar Dunhill Cup golf tournament scheduled to start at St Andrews, Scotland, yesterday. Oddsmakers installed the US team of Tom Kite, Curtis Strange and Mark Calcavecchia at 11-4, the
      AP  -  498 words
    • Article
      Record number of entries for Kiwi Regatta this year
      287 17  -  By Cassandra How A RECORD FIELD of 100 vessels are expected to line up for the start of the Kiwi Regatta 1990 this weekend. Organised by the Changi Sailing Club, this will be the fourth regatta sponsored by the New Zealand
      287 words
    • SIDE LINES
      • Article
        Minoza signs up for Walker Classic
        89 17 ANOTHER GOLFING STAR has joined golf greats Nick Faklo, lan Woosnam and Ronan Raffcrty for December's Johnnie Walker Classic. Philippine Frankie Minoza heads the list of Asian entries at the inaugural US$35O 000 tournament to be held at the Royal Hong Kong Golf Club.
        89 words
      • Article
        Reds take 3-1 lead in play-offs
        90 17 THE CINCINNATI REDS used their potent combination power, pitching and defence to beat the Pittsburgh Pirates 5-3TtJ in Pittsburgh on Tuesday and take a 3-1 lead in the National Si League play-offs. The Reds could wrap up their first Nl# .2 pennant since 1976
        90 words
      • Article
        Ivanisevic wins in Berlin
        88 17 TOP-SEEDED Goran Ivanisevic of Yugoslavia defeated uiv». seeded Leonardo Lavalle of Mexico in 7-6, 7-5 to advance tqjoi the second round of the US$3OO,OOO Berlin Open on Tueavji day. American Kevin Curren upset third seed Magnus Guktafsson of Sweden 6-4, 4-6, 6-2 in other first-round action
        88 words
      • Article
        Wrist surgery for Connors
        80 17 TENNIS STAR Jimmy Connors, sidelined most of this year, underwent surgery on his left wrist recently in Santa Barbara, California. A five-time US Open winner and twice a Wimbledon champion, Connors will have his wrist in a cast for six weeks, according to his doctor, followed
        80 words
      • Article
        Another All Black defects
        91 17 ANOTHER New Zealand rugby All Black will soon defect to rugby league. Television New Zealand quoted Graeme Lowe, the New Zealand-bom coach of Sydney's Manly Club, as saying on Tuesday that he had signed another AO Black. The report said the player was understood to be
        91 words
      • Article
        Gold Coast race to go ahead
        95 17 THE GOLD COAST Indy car race will take place as planned next March in spite of a decision by world motor-racing authorities to outlaw the event, organiser Fred Maybury said in Brisbane yesterday. The Federation Internationale de Sport Automobile (Fisa), the controlling body of
        95 words
  • Page 17 Advertisements
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      199 18 MIMJYUIg I 70U UIUVIU I WHERE TO WINE, PINE AND ENTERTAIN WHEBE TO WINE, DINE AMD ENTERTAIN WHERE TO WIHEJ PINE,... —s if Some of our best advertising is by ward-of- mouth. j^^Mm For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's
      199 words
    • Advertisement
      Page 18 Advertisements Column 2
      377 18 QOimgGS TCTBRCBTS3B3r THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! Fbr starters, take your pick of our cold dishes prawns on ice, fresh oysters, smoked salmon, melon and dried ham, vegetable terrine, mixed seafood salad, cooked assorted vegetables and homemade dressings. Select
      377 words
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      Page 18 Advertisements Column 3
      310 18 It's Oldies but Goodies with the Velvets. v A talented JEz Head for will keep you Club 5 and spellbound with journey back to their repertoire of the good ole days! oldies every weekday, 3 c 6to 8.30pm. i< z Z if &d>s Happy Hours are still on 1 from
      310 words
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      Page 18 Advertisements Column 4
      235 18 j KT /-x ifou cut) expert Wl \jf /jj WtWSt —j ws\if j*o ow Gepnuu) Cw' Bratwurst, Blutwurst, Weitswurst... the Germans are the best at making their wurst (sausages). You 11 be enjoying just these few for we'd like you to leave room for more than 60 I other authentic
      235 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      686 18 r TELEVISION AND RADIO ROM* Violets are Blue (See Our US tauka Naag Satia Tele- Btmupee/mnftpm Not tnp Rio SfcWPPn um IM SSSlfmSu JL V/ I lllv Ulfii D W V/V* LF 7J »a«iai* Stratagems (Drama stereo). I*J* Macthaatar-The 7.11 m, iJSm, I Mm. KmJ AT (Drama). 1111 AM CtoM.
      686 words
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  • LIFESTYLE
    • Article, Illustration
      Waiting for Bolshoi
      475 19  -  Lisa Lee tiptoes into a class conducted by the Bolshoi Ballet and discovers why its performances are always a sell-out Lisa Lee WITH or without perestroika, the Soviet Union's Bolshoi Ballet will always have a long queue outside box-offices, and another long queue inside hoping to join
      475 words
    • Article, Illustration
      Danny Kaye's widow donates memorabilia
      586 19 SYLVIA Fine Kaye, a songwriter and the widow of Danny Kaye, has given the couple's collections of films, scripts, recordings and memorabilia to the Library of Congress. Married for nearly 40 years, Mrs Kaye and her husband, who died in 1987, collaborated on hundreds of
      586 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      256 19 AND ENTERTAIN American Classics. i Only AtThe Hubertus Grill. AMERICAN MEAT PROMOTION SEPTEMBER TOW OCTOBER IWO DINNER 7 PM TO 10 PM KEATURJNCANALACARTEMeNU ALSO. STERLING SET DINNER fORBMO.. ■«y FOR RESERVATIONS. PIXASE A CALL73I IBS EXT 1552 flfe ALL PRICES SUBJECT TO IO« service charge and cess At the Hubertus
      256 words
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      Page 19 Advertisements Column 2
      1297 19 TAKEOVER OFFER FOR SINGAPORE FODDER COMPANY LIMITED (Incorporated in the Republic of Singapore) Pursuant to Section 213(9) (c) of the Companies Act. Chapter 50 (the "Act") Oversea-Chinese Banking Corporation Limited ("OCBC Bank") announces on behalf of Unicentral Corporation Pte Ltd (the "Offeror") that the Offeror intends to make a takeover
      1,297 words
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      Page 19 Advertisements Column 3
      106 19 Tn Imr a Restaurant and 1 Kvlllrl Karaoke Lounges FINEST KUSSIAN AND CONTINENTAL CUISINE Shashlik A La Troika Borsch Baked Alaska HAPPY HOURS $12.00 H ONLY Restaurant Hour* Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 230pm 7.00pm to 2.00 am Dinner Mondays to Sundays J eL 6.00pm
      106 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market loses ground in subdued trading
      4414 20  -  By William Chia SHARE PRICES on the local bourse closed lower yesterday following Wall Street's sharp overnight fall and declines on regional markets. Share prices fell sharply in New York on Tuesday as record-high oil prices replaced federal budget problems as the market's focal
      4,414 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3879 21 Main Board Sunshine Allied 450 +16 +3.7% <XJ Securities 124 +8 +6.9% SPH Foreign 815 +5 +0.6% UOI 220 +5 +2.3% Ming Court 454 +4 +0.9% Spore BusF 500 454 +4 +0.9% Jurong Ship 50" 448 4 +0.9% Sum ma Inv 93% 3V» +3.9% H
    3,879 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      121 22 rin-ri Data Ymt Snap Net N* Mrilip tnu mm It praflt/lMs (L) par tluri JhridMd rooo) (c«its) RobMSM Oct 9 Jun 90 $10.808($7.704) 21.7(15.5) 12(10) Rothmam M Oct 9 km 90 $36,269(126.171) 31.6(22.8) 76i(25) MBantinc Sap 29 Jun 90 *172.134(80.584) 46.0(25.5) 25h(18) BMT Sap 28 Jun 90 $773(5516)
      121 words
    • Article
      PRELIMINARY RESULTS
      233 22 Ciagaay Data Year Graap pra-tax Nat aanriag* firaaa aaa ta prallt/laaa (L) par ihara <hW»ai ('000) (cants) H MSB Oct 5 Jun 90 M86.505 (812,681) 4.1(8.3) 10(12) Taaefc Cement Oct 2 Jun 90 MS37.040(|23.153) 15.4(10 9) 15.2(8) Sttfew Sap 29 Jun 90 »,107(84,026) 23 8(115) 8(5) Sunsfcme AM
      233 words
    • Article
      CORPORATE DEVELOPMENTS
      279 22 Oct 9 Only 19.5% of Kian Mm taws CapeTs public offer of 83.18 m shares at 75 cents each were taken up by both local and foreign investors. Overseas (Men Bank announced that its foreign shareholding was 24.76% of the company's issued capital as at Oct 8. RasNd
      279 words
    • Article
      DIVIDENDS ANNOUNCED
      930 22 Carraat Ex Ma Oat* TiWhr TMhr My—t date cMa with ttwyaar batpar km 5*TE(I) Oct 19 Oct 31 Nov IS 5%TE MS 10% (b) l» 4 Jan 18 Jan 28 10* 12* MS 2.5% S«p 14 Sep 28 Oct 27 2.5* 2* mm 10* Sep 21 Oct 5
      930 words
    • Article
      INTERIM RESULTS
      318 22 Ciim Date HaM-yaar (nap pra-tu Intacta mm to praAt/tou a) IMUmi COM) Umphom Tel Oct 5 Jul 90 M$8,115 ($6,523) M Resources Oct 2 Jun 90 MS6.231L($7.6454.) Kmomt BM Sep 29 Jim 90 M$490($364) Menang Corp Sap 29 Jun 90 W1.471l($154) Acma Sap 28 Jun 90 *,195(13.1011) 5TE(-)
      318 words
    • Article
      RESULTS DUE
      453 22 Stagapor* Stodu Last FaH Year Cmim taw Date Tmt Mffl bw M Wpr (TM) Lm| feat Mm to 30 Ok 89 5351(h) ton Ml Mm A* 11 to 91 4.0 2.1 3.471(0 feMa EH Mm Ai« 31 Ok 90 0.5 666 91 Fa* Sap 19 Jim 90 12
      453 words
    • Article
      APPROVED ISSUES
      384 22 Company Wgfct» Iss* kMU OiTtw One-to-one MSOJO per share fcghts smc of 11.00 nonnt amount of 5% Radeematte Unsecured Loan Stock 1990/1995 with one Transient* Subscnpbon nghts to wary No eusbng stares hid. Ei*te A«23 Books dose; Sap 6 Acceptance 1 Payment Od 19 Mm Mi fiveto-toir $1.00
      384 words
    • Article
      PROPOSED ISSUES
      486 22 Company Rights Issue Mean One-tor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJ010 each at MSI per share mth 10m detachable TSR Mba Pinter tour fe MS2 00 per share Caaaway few Capital reducbon scheme to reduce par value of shares from
      486 words
    • Article
      BONDS, LOANS & WARRANTS
      650 22 BONDS, LOANS WARRANTS Cimit Cewiwatoa P«rt»d Cmmntmimmlmmm litany CAC IR Betore 21/4/93 1 warrant ptos $3.09 call Caaeway Laa CwHTi 2/10/89 Id 20/10/94 1 mmmt ptos $1 ca* or 1 oral ptos |1 nomwal amount of >D— Slack Qmm H» Mm Qm H* W Itorch 87 to 31/12/91 1.55 warrants
      650 words
    • Article
      COMPANY MEETINGS
      143 22 Berjuntai Tbi Dredgi* Bhd: 49th AGM at the PNB Theatrette, 2nd Floor, Menara PNB. 201 A, ialan Tun Razak, ***** Kuala Lumpur, Malaysia on Friday, Oct 12,■ at 10am. Nbf Tai Holdhgs Ltd: EGM at the Jasmine Room, Shangri-La Hotel, 22 Orange Grove Road, Singapore 0923 on Friday,
      143 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      159 22 I CHANCE I I The Directors of Mitsui Co. Ltd., Japans largest Company H and Jacobs Island Company pic, Londons most innovative developer H have pleasure inviting you to H I A WORLD PREMIER I I EXHIBITION I I PANAMAS PACIFIC I I LONDON I I THE WALL STREET ROOM,
      159 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Selling wave sends shares lower on a broad front
      3712 23 MBT, Bernama SHARE PRICES retreated over a wide front under persistent selling on the Kuala Lumpur stock market yesterday. Double-digit losses littered the boards. The fragile sentiment of the market was weakened further by a sharp fall on the overnight Wall
      MBT,; Bernama  -  3,712 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      149 23 This announcement appears as a matter of record only. (8) GWOO*,/ BANK CENTRAL ASIA (Incorporated with limited liability in the Republic of Indonesia) acting through its Nassau Branch US$lOO,OOO,OOO Negotiable Floating Rate U.S. Dollar Certificates of Deposit due October 1994 Lead Managers Chase Manhattan Asia Limited Commerzbank (South East Asia)
      149 words
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  • Article
    TOKYO STOCK EXCHANGE
    1570 24 Tokyo market was dosed yesterday for a public holiday Vol Oct 9 Yea High Low 0000) Aiinomoto 1620 20 1650 1600 470 aV.; 541+6 All Nippon Airways 1250 30 1270 1220 655 Asahi Breweries 1100 unch 1140 1100 933 Asahi Chem Industry— 798 3 813 796 3811
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  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Gulf tension pushes stocks down 41pts
      2117 24 HONGKONG stocks yesterday slid on New York's sharp declines sparked by rekindled Middle East tension. Brokers said Saddam Hussein's attempt to shift international tension to the Palestinian issue including the threat of using a long-range missile against Israel from the invasion of Kuwait caused
      2,117 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      59 24 r 1 J Conner Peripherals In Singapore sets the pace lor worldwide operations 1 1 e Financial futures trading going on-line Q ,ant ,and ale P ut property market to the test Air express couriers In dogfight over Singapore Palm oil: Bright future, murky present Travellers Beware: A guide to
      59 words
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      Page 24 Advertisements Column 2
      93 24 FOR BITS AND BYTES^ Geared to keep the busy business executive abreast of new technologies he can exploit to full advantage, INNOVATION TECHNOLOGY page provides news, reviews and featuresin the areas of information technology, biotechnology, electronics and just about everything high-tech. A Although its primary focus is on local news,
      93 words
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  • REGIONAL STOCK MARKETS
    • Stocks hard hit by Wall Street plunge
      • Article
        AUSTRALIA
        969 25 O TRADE on the Australian share market .was forced down by falls in major off--shore markets overnight as stocks battled to hover just above their early cfedines. Brokers said the market's weakness <in the morning session dominated trade ?tor the day which ended with losses in ];j(nost sectors with
        969 words
      • Article
        Untitled
        85 25 Cloac PNfiOH +A Oct 10 SYDNEY All Ordinaries Index 1,360.2 1.375.4 -15.2 All Industrials Index 2.026.8 2,052.3 -25.5 All Resources Index 841.0 848. -7.5 Turnover (million) 57.95 56.0 +1.95 BAHCKOtt SET Index 655.55 682.19 -26.64 Turnover (million) 1,800 64.8 1735.2 JAKARTA Composite Index NA 441.77 Turnover (nearest *000) NA NA
        85 words
      • Article
        BANGKOK
        679 25 THAI stocks slumped across the board in line with plunging share prices on Wall Street and renewed fears of war in the Gulf, brokers said. The SET Index fell 26.64 points to close at 655.55 on 1.8 billion baht turnover. Declines led advances 153 to five. Most active were
        679 words
      • Article
        MANILA
        571 25 PHILIPPINE stocks slid in a nervous reaction to tension in the Middle East, surging oil prices and a resulting fall in US shares, brokers sakl. The Manila Stock Exchange composite index ended a two-day rally and fell 19.47 points to close at 552.34. Brokers said investors discounted the recent
        571 words
      • Article
        NEW ZEALAND
        414 25 THE New Zealand share market, driven down by a 78 point fall on Wall Street, j plunged to a 5-1/2 year low, losing 2.7 per cent of its value. The Barclays Index closed down an estimated 39.42 points at 1,415.94, the lowest close since February 11, 1985. "It
        414 words
      • Article
        Untitled
        301 25 la local carreacy la S$ la US$ day year day year day year Oct 9 lade* chaay cta-e chaay chaa«e efc—e ckaay Wortd 350.4 -0.8 -24.6 -1.4 -26.6 -0.9 -19.3 1EAFE 470.1 -1.0 -31.0 -1.3 -29.8 -0.8 -22.9 17. 4 -2.2 -17.6 -2.2 -13.0 -1.8 -4.4 Europe 0Q 39( 4J.5
        301 words
      • Article
        SEOUL
        777 25 SEOUL stocks rose after sharp falls in the morning as the stock stabilisation fund intervened after securities firms forcibly cleared about 100 billion won worth of unpaid and unsettled aocounts, brokers said. The composite index closed at 617.12, up 3.06 points from the previous session on Monday. Tuesday was
        777 words
      • Article
        Untitled
        756 25 Jakarta Rapbh Vo* TO) Abda 3750 A hap Insurance 4450 Alumindo Perkasa Utama 5600 +100 90 Aqua Golden Missisipi ***** Aster Jawa 3950 Astra Graph la 8500 unch Astra Int'l Inc ***** 1400 550 Asuransi Bintang Ind 7950 Asuransi Dayin Mitra 4500 Asuransi Jiwa Panin ***** Asuransi Ramayana 6600 Bakrie
        756 words
  • Page 25 Advertisements
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  • WORLD STOCK MARKETS
    • Dow suffers worst fall in two months
      • Article, Illustration
        NEW YORK
        1184 26 US STOCKS ended a tumultuous session on Tuesday with their sharpest decline in about two months, as soaring oil prices, concerns about the Mideast and disappointment over the US budget agreement triggered a rush to sell. Oil settled above US$4O a barrel. Revived worry over upcoming third quarter
        1,184 words
      • Article, Illustration
        LONDON
        915 26 UK EQUITIES fell in early trading yesterday, as the market reacted to a steep fall on Wall Street and fears the Gulf crisis could escalate into military combat. "Shares are on a slippery slope and there is little the market can grab hold of to break its fall," said
        915 words
      • Article
        Untitled
        85 26 Oct 9 Cloac PrrrioM NEW YORK Dow Jones 2.445.54 2.523.76 -78.22 NYSE Financial 108.45 111.43 -2.98 SAP 500 305.10 313.48 -8.38 Turnover (million) 145.61 99.47 +46.14 LONDON Financial Times 30 1640.50 1.705.7 -65.20 FTSE 100 2134.10 2,201.6 -67.50 Turnover (million) 823.8 1,086.4 -262.6 AMSTERDAM CBS General 170.20 172.90 -2.70 BRUSSELS
        85 words
      • Article
        AMSTERDAM
        381 26 DUTCH shares opened lower in quiet trading, back into the gloomy rut of previous weeks and with Monday's rally a fading memory. The CBS All-Share Index, which on Monday briefly touched 96.1, was 0.4 down at 92.4 at 0924 GMT. The recent resurgence in oil prices and Saddam Hussein's
        381 words
      • Article
        TORONTO
        216 26 TORONTO stocks hit the skids in midafternoon on Tuesday, closing sharply lower on fears of war in the Gulf and concerns over the US Budget deficit, dealers said. "(The US government) still doesn't have any real agreement," said Lyle Stein, portfolio strategist with Nesbitt Thomson. The composite index lost
        216 words
      • Article
        FRANKFURT
        279 26 SHARE prices on the Frankfurt Stock Exchange dropped 1.6 per cent in quiet trading yesterday, but market partici- pants said they were relieved prices did not drop further after a sharp decline on Wall Street on Tuesday. After 30 minutes of trade, the 30share DAX index was quoted at
        279 words
      • Article
        PARIS
        172 26 FRENCH share prices were expected to open weaker in the wake of Wall Street's sharp slide and renewed tension in the Middle East, reflected in a fur-i ther hike in oil prices, dealers said. ~j. The CAC-40 October futures cod-" tract was quoted at a pre-bourse mid- point of
        172 words
      • Article
        Lock icon ZURICH
        377 26 Reuter SWISS shares closed lower in thin ume as Wall Street's weak opening weighed on the market, dealers said, nn The SMI index of leading shares ended 16.5 points, or 1.14 per cent* lower at 1429.3 and the all-share SP!' index fell 6.1 points, or 0.65 per cent, to
        Reuter  -  377 words
      • Article
        Untitled
        473 26 Brussels Oct 8 Francs FORWARD MARKET Acec 2810 -80 Arbed 3070 +5 Astur 1100 -30 Brascan 402 -18 Canpac 502 +2 Cock 150 unch De Beers 564 +4 Ebes 3970 -30 Gb-Inno-Bm 1212 -20 Gevaert— 7360 -40 Gr Bru Lamb 3250 -50 Hobok Petro ***** -25 Ryl Dutch 2510 -40
        473 words
  • Page 26 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US dollar rises in early London trade on talk of Gulf flare-up
      1236 27 FOREX MARKET REPORTS THE US DOLLAR yesterday moved up against European currencies during the morning session in London on rumours that US troops had entered Kuwait, but it dropped back against the yen and overall volume was light,
      1,236 words
    • Article
      INTERBANK FOREX RATES
      391 27 Cross rates a* u> USS SS MS Dm Yen SFr A$ NZS USj 1.7320 2.6985 1.5265 130.65 0.5099 1.2780 1.2026 1.6168 SS 0.5774 1.5580 0.8814 0.7543 0.2944 0.7379 0.6944 0.9335 MS 0.3706 64.18 0.5657 0.4842 0.1890 0.4736 0.4457 0.5992 Dm 0.6551 1.1346 1.7678 85.59 0.3341 0.8372 0.7878
      391 words
    • Article
      MONEY MARKET
      560 27 Interbank rates SS Bid Offer Overnight 6 3/8 6 1/2 1-month 6 1/2 6 5/8 2-month 6 1/2 6 5/8 3-month 6 1/2 6 5/8 Overnight mode: 6-1/2 US> Bid Offer 7 days 8 3/16 8 5/16 1 month 8 3/16 8 5/16 2 months 8 3/16 8
      560 words
    • Article
      FINANCIAL FUTURES
      1551 27 SIMEX nffWHMHl/tfl Open High Low Sett Erf Vol Op/lnt Vol i Dec 90 91.96 91.99 91.96 91.97 3894 ***** ***** Mar 91 92.07 92.09 92.06 92.07 ISS2 ***** 6923 Jun 91 91.98 92.00 91.98 91.98 380 3146 S32 Sep 91 91.81 91.81 91.79 91.78 185 628 69 Dec
      1,551 words
  • Page 27 Advertisements
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  • COMMODITIES
    • Article
      Lock icon KL to raise share of natural gas in energy output
      332 28 Bernama NATURAL GAS will feature more prominently in Malaysia's energy scene in the immediate future, said an official of the Ministry of Energy, Telecommunications and Posts. R Letchumanan of the ministry's energy unit, added that attention will be focused on
      Bernama  -  332 words
    • Article
      Lock icon Oil crisis revives Brazil's alcohol energy programme
      367 28 AP THE GULF CRISIS has given new life to Brazil's stalled programme to run cars on pure sugar cane alcohol instead of petrol. Recently, the programme seemed headed for collapse. Shortages, high costs and an abundance of cheap foreign oil had turned Brazilians
      AP  -  367 words
    • Article
      Lack of buying support sends tin market lower
      824 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market tumbled 34 sen to Msl6 per kg yesterday on lack of buying support. Dealers attributed the drop to the lower overnight close on the London Metal Exchange. A dealer said: "Despite
      824 words
  • Article
    PRICES
    1289 28 Rubber 0*10 Scents/kg Noon Close Int I RSSPrompt 156.00/157.00N 156.00/157.00N lot I RSS Nov 90 I55.7VI56.25 I55.7VI56.25N Int I RSS Dec 155.00/155.50 155.00/I55.50N Int 2 RSS OP 150.50/152.50N 150.50/I52.50N Int 3 RSS OP 146.00/148.OON 146.00/148.OON Int 4 RSS OP 142.00/144.OON 142.00/144.00N Int 5 RSS OP I37.SO/139.SON 137.50/139.SON (!*>>■>■»») Scents/kt
    1,289 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1474 28 NOTICES i IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF S.LS. INFORMATION PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Members of ihe above-named Company duly convened and heid at Block 165 Bifcit Me rah Central, #06-***** 81, Singapore
      1,474 words
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      Page 28 Advertisements Column 2
      15 28 Read Chartpoint, a guide (o investing in the stoek market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      772 29 C*y FlgM ETA Flight ETD AtoM laM GA975 1125 GA887 1225 Mataii E QF 82 2200 QF81 1950 *aai GA975 1125 0A471 0015 0A472 0050 Sari Bacawan 8(421 1105 BJ422 1205 BI429 2030 ***** 2125 Bangta C1664 0750 Qf62 1155 RA408 0815 CX713 1455 CX712 1550
      772 words
    • Article, Illustration
      Where anglers flock to for marlin
      739 29  -  LETTER FROM CAIRNS By Janette Turner CAIRNS, in the Australian state of Queensland, is 17 degrees from the Equator and you will smell the tropics immediately a sensual mix of eucalyptus, frangipani and jasmine, of warm moist air, sea salt, drowsy contentment. If it's
      739 words
    • Article
      MONEY CHANGER RATES
      152 29 As at 3pm yesterday: Local dollars to ow unit of foreign currency Currencies Bid Offer Australian dollar 1.430 1.430 Canadian dollar 1.4950 LSI SO NZ dollar 1.060 1.100 Sterling pound 3.3900 3.4200 US dollar 1.7290 1.7390 Local dollan to 100 wilts of foreign caneacy Austrian schilling 15.90
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      69 29 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Oct 1-12 Singapore Business Vancouver, Singapore *****87 Qct 14-18 Health Care Saudi Arabia Riyadh 1/*****48 Development Montreal, Manufacturers' Hospital, Supplies Exhibitions Co Mission to Canada Calgary Association Medical Ltd Toronto Equipment Show Oct 12-16 Tokyo Pack '90
      69 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      149 29 Ihe business. pcrv>n h<»icc t\cr\ I ut-».lj m 1- "u I M M M Ihursdj\.Sjturil.n antlSuiiiiav I i. .ninj:< h.n^i I I I r —-*1 W \irport it hourv jn.l .irriwn>: .11 OHirc lnu-riutinnjl \irport the tollnuint: Jjt. A C~ d FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour
      149 words
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      Page 29 Advertisements Column 2
      427 29 THE HIGHEST HONOURS ACCORDED TO BUSINESS ACHIEVERS \ingaporo Business Times Rln 1965, Business Times, Singapore's business daily, and the leading air express company, DHL Worldwide Express, came together to organize an award scheme to honour Singapore's most successful businessman. In the years before, public recognition for business achievers in Singapore
      427 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      271 29 7 Elusive creature hounds never run to earth (6,3) j i j j j j j j j 8 Not satisfied with the tip 10 Noisy revel from which a po I I I I I I I I I I number find stimulation U Ought to get better, so
      271 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      209 29 Singapore Outlook: Showers over several areas in the afternoon. Report Max temp. 32.7 assoc humidity 68% min temp 26.2* c assoc humidity 92% hrs of sunshine 6.05 rainfall in mm Trace rainfall this mth 1.6 rainy days this mth 1 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 17/10 Showers Bangkok 32/26
      209 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      19 29 f, -rß*veu£t> uP LOITH THC 'SHOP ffaß -foGETvcfc sgiGApe. W UOO< J V\ r EVENING STAMOARO CO. LTD.. IM2-IMO
      19 words
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  • Article
    HK governor predicts decade of steady progress
    421 30  -  Sir David defends Beijing's growing role From Catherine Ong in HONGKONG HONGKONG'S governor yesterday charted a stay-the-course outlook for the British territory and dispelled the idea that it is giving in to China's wishes. In a wide-ranging annual address at the opening of
    421 words
  • Article
    Lock icon Bush retreats from wealth tax compromise offer
    373 30 AP US PRESIDENT George Bush opened the door on Tuesday to higher taxes on the richest Americans in a bid to reach a deal on the budget deficit, but Republican senators later said they persuaded him to change his mind. Mr Bush showed
    AP  -  373 words
  • Article
    Shell to invest in mega-buck petrochem plant
    308 30 THE ANGLO-DUTCH Shell group, which has been expanding aggressively in the petrochemicals industry in Singapore, is firming up plans to make another megabuck investment. It is also beefing up its oil trading base here, which is already one of the strongest. Shell's new
    308 words
  • Article
    Lock icon Nomination centres for Malaysian polls open today
    351 30 Agencies A TOTAL of 180 nomination centres open today to kick off Malaysia's eighth and snappiest general election since independence 33 years ago. Observers say the ruling National Front is expected not only to be returned to power but to retain its twothirds
    Agencies  -  351 words
  • Article, Illustration
    Loyalty issue no longer academic for local MNCs
    718 30  -  The Bottom Line LEE HAN SHIH LEE HAN SHIH The writer is a senior correspondent 1 with BT THE RECENT outcry following the choice of Atlanta in the United States as the site for the 1996 Olympic Games has again brought to
    718 words
  • Article
    Lock icon American businessmen pessimistic
    81 30 Reuter AMERICAN businessmen are more pessimistic about the state of the US economy now than at any time since 1980, when the country suffered a brief but deep races- sioa, says a business research group. The Conference Board's Measure of Business Confidence shows that a majority of
    Reuter  -  81 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      93 30 PiageT fHILLIER EN HORLOGEKIE DEPULSIB74 genOve i' r IHTw I I L 1 R 6ERRUTIIBBIITUJUL© MEN'S BOUTIQUES 83UQITUOB B'HHM #01-1S The Paragon. Orchard Road Tel: 215 #02-54/60 Wisma Atria, Orchard Road Tel: 7H 1, 160 #0145 Forum Gallena, Orchard Road Tel: 7H 1882 LADIES' BOUTIQUE 3UQITUOB '^IOAJ #02-61 Wisma Atrta,
      93 words
    • Advertisement
      Page 30 Advertisements Column 2
      99 30 PiageT JOAIIIIER EN HORLOGERIE DEPUISIB74 GENEVE 4m m Studoline STUDIO UNE PTE LTD Showroom 321 Orchard Rood *08-04 Orchard Shopping Centre Singapore 0923 Tel: 235 4824/5 Tele* RS ***** S-UNE Fax: 733 4606 Soto Agmnt Singapore Mateysfc Mon—ia l iMI u w V iiiMli^l^ T Jiik T iswfiiraiifc^^^^^^W H V
      99 words
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  • Shipping Times
    • Article, Illustration
      Air Canada to suspend S'pore services in January
      497 31  -  By Malini Tambyah BATTERED by skyrocketing fuel prices, Air Canada is suspending passenger and cargo services to Singapore from end-January. All plans for two new long-haul flights from the Republic have also been shelved. It is strongly believed that the Singapore office
      497 words
    • Article
      Ship robberies on the rise in South-east Asia
      578 31  -  By Selva Kumar MORE SHIPS have been hit t by sea-robbers in South-east Asia, with 50 known cases so far this year. Of this total, 36 were reported to the Singapore Marine Police but only one incident occurred within Singapore Territorial Waters.
      578 words
    • Article
      Jakarta raises telephone, telex installation charges
      199 31 THE INDONESIAN government on Tuesday raised telephone and telex installation charges to between 150,000 rupiah and one million rupiah. From Oct 20, monthly subscription fees will rise to between 5,000 and 10,000 rupiah, while local calls will cost 100 rupiah per three minutes (per
      199 words
    • Article
      Garuda, MAS to discuss raising flight frequencies
      270 31 GARUDA INDONESIA will hold talks with Malaysia Airlines later this month on increasing the frequency of their flights between Kuala lumpur and Jakarta, said Garuda general manager for Malaysia Djadjang Sudradjat. At present, he said, Garuda operates six flights a week between the
      270 words
    • Article, Illustration
      Lock icon Repair yards jointly set up by govts, shipowners?
      441 31  -  Shiprepair world fleet maintenance conference By Rahita Elias MAJOR SHIPOWNERS could tie up with governments of leading maritime countries to set up new repair yards or modernise existing ones to meet their repair and maintenance needs in the next century. Mr Tan
      Source: Conference on Shiprepair & World Fleet Maintanance-Towards the 21st Century  -  441 words
    • NEWS SUMMARY
      • Article
        Competition hots up Down Under
        31 31 Australian airlines have jumped onto the wagon for the deregulation race next month, ending almost 40 years of an unique two-airline policy in Australia. Back Page
        31 words
      • Article
        Nedlloyd sees 1990 net loss
        29 31 THE DUTCH Nedlloyd Group expects to post a net loss in 1990. Nedlloyd has steadily scaled down its forecast for this year. Back Page
        29 words
      • Article
        Lufthansa/Pan Am deal approved
        35 31 THE German cartd office has approved an agreement for i jifthansa to take over many of the routes which Pan Am Corp had flown in Germany, a Lufthansa spokesman said Backftpe
        35 words
      • Article
        Pert workers on strike at Santos
        35 31 WORKERS at Brazil's biggest port, Santos, and at the imp**tant coffee shipping port of Vitoria began an indefinite pay strike on Tuesday, paralysing operations, union leaders said. Back Pace
        35 words
      • Article
        KLM likely to cut dividend
        38 31 a. CUT ufViuWiw KLM, which last week said it could suffer a considerable loss for the year to March 31, 1991, is expected to drop its 1990/91 dividend, share analysts say. Back Page
        38 words
    • LOG BOOK
      • Article
        Air New Zealand pilots join Malaysian Airlines
        88 32 SEVENTEEN pilots facing layoffs from Air New Zealand have signed up with Malaysian Airlines, MAS's New Zealand manager Philip Krishnan said on Tuesday. Air New Zealand plans to lay off 74 pilots as part of its domestic restructuring at a time when the
        88 words
      • Article
        Motorola sees growth in Asia
        88 32 MOTOROLA Inc, which reported higher 1990 third quarter results, said new orders in major businesses increased throughout the world, despite economic uncertainty in the US. The most rapid growth was in Asian markets, it said. Motorola reported 1990 third quarter earnings rose to US$lO2 million
        88 words
      • Article
        China to discuss HK project
        80 32 of experts from Beijing will hold talks with Hothgkong government officials next week on the British eolony's plans to build a multi-billion dollar port and airport complex, the government said. The Chinese team, headed by Yong Longgui, will arrive on Oct 15 for a 10-day
        80 words
      • Article
        S Africa, Madagascar sign deal
        95 32 SOUTH AFRICA and Madagascar on Monday agreed to Qg&re merchant shipping links in a bid to hasten the of economic ties between the two countries. The agreement has to be ratified by the two governments ibut it already makes provision for merchant ships of the
        95 words
      • Article
        Airbuses for Indian Airlines
        86 32 tWDIAN Airlines has taken delivery of an Airbus Industrie •A 320 and three more will arrive by the end of October, an 'airline spokesman said. The government had taken its existing fleet of 14 A32os out of commercial service after one crashed in February in the
        86 words
      • Article
        Matsushita sets up US unit
        58 32 MATSUSHITA Electric Industrial Co Ltd said it has estab»flawed Matsushita Avionics Development Corp in US to develop in-flight communications equipment for airline passengers. It said the unit was formed because the demand for these products, which include audio systems and j in-flight telephones, has risen
        58 words
    • Article, Illustration
      Competition hots up Down Under
      1246 32  -  Australian airlines have jumped onto the wagon for the deregulation race next month. Florence Chong reporting from Sydney, looks at their strategies Florence Chong Australia's highly protected internal airspace will be deregulated from November, ending almost 40 years of an unique two-air- line policy in
      1,246 words
    • Article
      COCKETT BUNKER MARKET REPORT
      884 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      884 words
    • Article
      THE SHIPPING GUIDE
      13026 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
      13,026 words
    • Article
      SHIPPING AGENTS
      3301 45 Container line NV: Belsin I Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ud (S) Ahreakiei liner Service: Kim Shpg A Trdg(S). Aftntra Sen-Air Service: Frata Shpg Pte
      3,301 words
    • Article
      COURIER SERVICES
      238 45 Abacas Coariers Tet 545-8011. Fax: *****98. Air Express Travel Tet 533-5771. Fix: *****44. Aktant Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airawift Worldwide Cotnier Tel: 278-0188. Fax: *****83. 1 r "im" Tet 748-6322 (2 lines), 747-7421. Fax: *****75. Clty-LJak lateraatioad Tel: 344-3377. Fax: *****50. Clarter Uak Sappties A
      238 words
    • Article
      AIR FORWARDERS
      1488 45 Abex Express Freight Tet 542-7171. Fax: *****84. Actiak Forwarder Tel: 225-1833. Fax: *****42. Activair Siagapore Tet 542-7821 Fax: *****20. AeroUak Freight lateraatioad Tet 545-8033. Fax: *****05. Tet 542-5911. Fax: *****18. Air Cargo Novo Express Tet 542-5454. Fax: *****06. Air Express lateraatioad Tet 542-7666. Fax: *****74, *****50. Air Market
      1,488 words
    • Article
      PORT CONDITIONS
      2706 46 ARGENTINA Baeaos Aires: Port quiet, partly as result of draft limit of 25 ft. Dredgers 1 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 pelletized meal. R—Mrto One vessel
      2,706 words
    • Article
      Lock icon SHIP SALES & WEEKLY FREIGHTS
      926 46 SHIP SALES WEEKLY FREIGHTS Reuter AFP SECONDHAND tonnage brokers reported 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  -  926 words
    • Article
      AIR FREIGHT SCHEDULE
      443 46 ARRIVALS o» Flight Type ETA From TODAY KAL KE697 B747F 0155 SEL NCA KZ203 B747F 1935 NRT CLX CV7963 B747F 2115 LUX7AUH/KUL FDX FM75 B747F 2145 JFK/IND/ANC/ NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW JAL JL6IS B747F 0340 NRT NWA NW90I B747F 1740 ORD/SEA/ ANC/NRT SIA SQ/BA82I
      443 words
    • Article
      CRUISE & FERRY SCHEDULES
      374 46 CRUISE FERRY SCHEDULES esse! Port A«Mt Ports of Calls OCTOBER 14 IS 22 22 23 24 23 24 Song of Flower Song of Flower Andaman Princes* Vignesswan 1300 1100 0900 0800 2200 2200 1600 2200 Neptune Agencies Neptune Agencies Andaman Cruise Transintn Shpg Sin-Seribu-Jkt-Seribo-Sin Sin-Seribu-Jkt-Seribu-Sin Cruise to nowhere Sin-Kelang-Madras 23
      374 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        544 47 tonal \toy Berth UnW Dqwrtat Nappd Wharves Kota Motet E 865 K32 alongside 15.10/0600 Li Met* 9 K30 alongside 13.10/1830 Shoushan 33/34 K29 alongside 14.10/2300 Torn* 1 06/90 C10 alongsde 11.10/0600 Tradi fir E473 K31 alongside 10.10/1830 Mi Prosper 26WB COS 10.10/2030 11.10/0600 Baitfar Maya 44-0*1 K32
        544 words
      • Article
        CONTAINER SCHEDULE
        1096 47 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Boofcxw/fabnct Ibis Sty Voy No Etb/Btr Ported From To From am 2 io/itoo iwg Aa LJv 2A 12/1100 2 10/1700 11/0659 11/0900 3 11/0700 11/1159 11/1400 M Ahmafeh 66 13/1500 2 10/1700 11/0659 11/0900 3 11/0700 11/1159 11/1400 4
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        IN MALAYSIAN PORTS
        331 47 Pi—KPwt Bar* an Oct 11: l: Yong Stun; 2: Globe Emerald; 3: Hock Hat Lee, Santos; 4; Xin Feng 5; Glory Selatan V; 6: Thana Bhum BCT: Bt Demyan Bedny; B». Sumy; l/B; Long An. WTP: id. Porang Marl: NB: Vignesswara; CW: Victory, Jin Long Shan; SB:
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      DAILY FREIGHTS
      960 47 FEW NEW fixtures were reported in the dry cargo freight market on Tuesday, but rates were generally stable, brokers said. One grain cargo on the key US Gulf7Japan grain route was booked at US$2l with combination against U5521.25 paid on Monday. The rate for this run has now
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      Philippine seafarers in the dumps
      626 48  -  From Al O Labita in MANILA THE Philippines, the world's no 1 supplier of skilled sailors, is reding from the crippling impact of the Persian Gulf standoff. Thousands of Filipino seamen manning international oil tankers and vessels plying the Mediterranean Sea have returned home, fearing
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      Lock icon Nedlloyd Group sees 1990 net loss
      199 48 Reuter THE DUTCH Nedlloyd Group expects to post a net loss in 1990. Nedlloyd has steadily scaled down its forecast for this year. In August, chairman H Rootliep said he expected the 1990 net would be considerably lower than the 146 million operating profit
      Reuter  -  199 words
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      Lock icon German cartel office approves Lufthansa/Pam Am deal
      243 48 Reuter THE German cartel office has approved an agreement for Lufthansa to take over many of the routes which Pan Am Corp had flown in Germany, a Lufthansa spokesman said. The cartel office had expressed concern that the deal, announced in September, might
      Reuter  -  243 words
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      Lock icon Port workers go on strike at Santos
      174 48 Reuter WORKERS at Brazil's biggest port, Santos, and at the important coffee shipping port of Vitoria began an indefinite pay strike on Tuesday, paralysing operations, union leaders said. "Workers went on strike at 0700 (1000 GMT). The port is paralysed," said Paulo Passos,
      Reuter  -  174 words
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      Lock icon KLM likely to drop dividend
      296 48 Reuter KLM, which last week said it could suffer a considerable loss for the year to March 31, 1991, is expected to drop its 1990/91 dividend, share analysts say. "If they have a loss I'm sure they will not pay a dividend," said Quirijn Mulder
      Reuter  -  296 words
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      8 31 Air New Zealand pilots join MAS, Page 2
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      437 31 SWEEHENG METAL CO PTE LTD I No. 13.Tim 2283 FAX 861 2946 TEL *****65(5Lft£S)ffl BM commofddcleaning Eouipment Industrial Maintenance Equipment Also buy .tel wnlri 4 wpdr. Mr Famrfcn 15 Mr Fratf* ScM* W CacMt rapart 2 Contmr SdaMi H CMTW SOTKB 15 Cnt 1 Fgry i l i till i
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      89 32 FOR BITS AND I I' r 'f'fr 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 J areas of information technology, biotechnology, electronics and just about everything high-tech. Although its primary focus
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      1788 33 ••jaroinc IWWWS mmxs %lllf# 200 Cantornmnt Road #12 05 Southpomt. S4nppore 0208 ABflniMH All If# Te i *****11 TELEX NO RS ***** WIIIIIH TERMINAL/CFS Tri *****18 220 HI CWCQ 1 BOOKINGS Td 3200Z34 235 L V??# .J PESAKA JAROINE SHIPPING AGENCIES SON. BNO. PORT KELANG TEL: *****18 TELEX NO. MA*****/MA*****
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      981 33 MDEX TOMWRIjSERS Page Col Pace Col I■"A• I I M I ABC Containerline 13 S Mao-Neb Agencies 14 1/2 Accord Group 8 1-3 Macoiine 18 2/3 Albatros Sea-Air 14 5 oMaersk Line 3 4/5 •APL 5 3-5 «MISC 14 1-3 APC Line 14 3 M'sia Shpg Corp 9 1/2 Arrow
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      1896 33 ■□EEsma 1 J* Vmnl Voy ETA I ETD 'Port 'Pcnaog 1 DESTINATIONS Singapore Kaiang it* TNa mk MargrMha M 900* Clowog Tim* FwM> by II OAK_LQB HQU MEM ATI MIA CHS aAL PHL WYC MON TOW UARORETHE M 900* 16/10 17/10 mPi 13/10 3/11 S/11 8/11 »/11 12/11 13/11 IVII
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      1108 34 ROTTERDAM/ VOY NO SPOKE P. KELANG SOUTHAMPTON HAMBURG BHEMERHAVEN ANTWERP LE HAVRE HAMBURG EXPRESS 96/521 11/10 5/10 30/10 1/11 2WIO 4/11 TOKYO RAY 01/525 14/10 31/10 2/11 4/11 5/11 KO&OONBAY 07/524 18/10 12/11 6/11 8/11 5/11 11/11 KURAMA 07/528 21/10 7/11 9/11 12/11 14/11 OSAKA BAY 96/527 25/10 19/11 13/11
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      571 34 l aor »l DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC D 28/10 8/11 10/11 15/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 Aha Kxa*ti«( C*rgo to Callao (Pare) via Valpa Agents:
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      1299 34 El BiBARiB %xmm REGULAR INDEPENDENT FULL CONTAJNCR SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL Fa ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HMO N. SUSAN 9032-3 15/10 06/11 09/11 12/11 13/11 15/11 16/11 17/11 21/11 N. SHARJAH 9033-3 22)10 11/11 14/11 19/11 21/11 24/11 23/11 25/11
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      1668 35 ffSSteomers Maritime Holdings Ltd! P&O arm wk Containers mm I ■■■■■■■■HBHBi Acctrrs due sails I Yoy No PHlmi S pon Sto« M"bufi frhaven fritafli U» CARCO I HAMBUK EXPRESS 94/521 *T BHUM 0710 11/10 Ml 31/10 08/11 2*lo 05,11 u IMMWWt kk In Pert 12 Oct I TOKYO BAY 01/575
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      1465 35 TO: EUROPE TOi FAR EAST cp in RDM HAM B'HVN FU( SPORE M* MO KO® Ml CHOYANC GLORY 001W 11/tt Jl/tt IAI 2Aj «A» JAj JJJjjJ 5|{SS£JSk 35 3* 32 W$ SS CHOYANC SUCCESS 0U» WO 7/U lAJ Jfll W UAj S{J W?M *A« 2AI HANJIN HAMBURG 003W 27f10 MAI
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      47 35 MM WW PTE LTB. 20-09, Teng b* Nrfo. 101 (MI St Tp-* 0106. *****1 J. 2249J13. *****3 A JHBmH ,s 2,266 F *****34 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA THAMWLK 15/U OCT HAMOAH 11/19 OCT MU. H**"# SCNC H INC 11/12 OCT SENG LEONG 13/14 OCT P. KELANC
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      407 35 STRUTS/ JAPAN/ STRAITS SWRCI SPECIALIST IN RO-RO HEAVY LIFTS VtSStL KUAN STAR" CHALLENGER TRA«R VOY NO 2 US 2 5 Sport SM 17/11 a/M 27/ M P. K»l»nt In Pt 20/10 23/10 30/10 Ndm| Hong Konf 17/10 loHonamj 24/10 7/U 1301 21A1 Nagow 24,10 S/ll 11A1 17/11 |Ouk« Vll Sent>o*u
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      774 36 rage r CR NBR **********0-D I EXPRESS SEMI-COMT/UNERSHIP SERVICE L TO EUROPE h Itw vsuvot [Troiri hmhaoam m«u«c brokn j vtssn a-Bn» m m «u JK I SSSBr \M w fast transit time I ACCEPTING BREAKBULK/CONTAINERISED CARGO I I Port Said, Port Genoa, Trie*. ALSO ACCEPTING BOTH CONTAINERS, CONVENTIONAL CARGO
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      659 36 HANIIN afIPHNG |i full container service FEEDER VSL M UNE HAUL LAX OAK .TfT H ,T r| ,h fT*" HANJIN HAMBURG OB2E 12/10 N POHANC UK 2AI 401 L ii(lS I'm i HANJIN ROTTERDAM CUE 14/ M H SEOUL MOE *11 Ufll HOYANC SUCCESS 011W 21/10 1/11 9/11 10/11 12/11
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      1191 36 ~ptw» urn 5&S* Sft w- I [sis: i I I ALSO ACCIPTIN6 CARGO TO: I I U MKWIKNCt. HEW AM. MVAMNAM BOSTON PHILADELPHIA, WtfOLA. JACUOHVU.U. I) ■WTTWAL TOMMTO VIA TOW MMCTON if MFPfr* ETC I 2) ATLANTA, CMICAGO, OCTtOIT. COLUMUS I OTHU MAJOR WCtOWIOCt KJTmATKWS /J I VESSEL SGP HBC
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      1561 37 r NEPTUNE AGENCIES PTE LTD SINGArUHt itL: z/rh// (UK nu: izju9/4um:) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE *****18 FAR EAST SERVICE *****48 M TERMINAL OFFICE *****22 DOCUMENTATION DEPT: *****44/ *****14 CFS K27 -IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 KaT<o3> E *****3? H *****87, Penang-(04) *****0, J.Bahru-(07) *****3,
      1,561 words
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      Page 37 Advertisements Column 2
      1190 37 &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 (RE6ULAft INIDiPENbENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND Vtsstu VOTAg |SWX [MAHIIA HKOtit" VQTAtt *WM<£ WOANC HWJtC fHAVtIj TW.WJT »OTT MWBf
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      1433 38 l \jC\ LINE KAWASAKI LTD. I EXPORT N. AMERICA PACIFIC SOUTH-WEST I I IMPORT N. AMERICA PACIFIC SOUTH-WEST fi«» voy -moo -pn/png [seTl mo,««T voy i. oak cm nyclll SB?!® Tim S£ S 9K£5mE T Z [51 LIONS GATE BRID6E I 10(10 1110 1310 BROOKLYN BRIDGE 34 4/11 7/U 1/11
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      996 38 fttt* PHIU'ORI€NT UN€S PT€ LTD 1 106 ROBINSON ROAD #07-00 QMG BUILDING SINGAPORE 0106 X TEL: *****22/*****69******00 TELEX. RS ***** PHMJ FAX *****76/*****36 S BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU xnu MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION '•ij*' 13 OCT MONTREAL Ottawa, Toronto, VANCOUVER.
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      1513 39 aasailll pacific international lines (PTE) ltd JHV PIL Building. 140 Cecil Street HKttQO. Singapore 0106. JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN EOCN 9033 13/10 IS/10 10/10 PEGASUS PROGRESS 030N 13/10 IS/10 20/10 MAJAPAHIT 6358 10/10 10/10 HAJ YING 02N 14/10 17/10
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      943 39 r BENUNE containers ltd 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** FXPRFSS HfINTAINER SERVICE TO UK/COWUNEWT VggSgL |VQY SPORE P.KLANG SHAMPTON HAMBURG BHAVEN ROAM LHAVRE Hamburg Express' WmT to Port 5/11 30/10 1/11 WW 4/11 Tokvo Bav 01/525 14/10 Via Lex 31/10
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      Page 39 Advertisements Column 3
      312 39 M MYANMA FIVE STAR LINE .V (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGd« AVA VIO4W I"« PATHEIN VIO6W In Port 1305 OCT HPA-AN VISSW 1/10 OCT PAGAN VI62W 12/16 OCT MYOMA YWA VI3OW li/20 OCT THE BANK UNI (A Mfvtc* ot Andraw Wair Shipping) SEMI-CONTAINER SERVICE
      312 words
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      783 42 m»tt INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FU BRV RDM ANT HBC RST PARIS UN WFO46 17/10 9/11 10/11 ***** 13/11 15/11 THUERINGEN I/» 24/10 17/11 19/11 11/U 20/11 21/11 PANAMA SEN WrttO WO 22/11 23/11 25/U 28/U 28/11 EUROPEAN SEN WfOSO 13|U «U 7|U
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      1126 42 """^1 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OMR COWOUMTmi lawca Tt: FAR EAST PORT KELANG 19/10 ft 26/10 MANILA 13/10 A 20/10 PENANG 19/10 26/10 BUSAN 20/10 30/10 BANGKOK 16/10 4 20/10 TOKYO 18/10 25/10 HONG KONG 13/10 4 16/10 YOKOHAMA 18/10 4 25/10 KAOHSIUNG 14/10 4 21/10 KOBE
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      310 42 XifiTTniniHHrTiHrnr LOAPINC FPU VESSEL ItfOtf CM DM MIRES BVIOtO RIO STS VIT JAGUA C ISAKI 110* *M w w- VMMJ onsmuo mi t/u viu m/u w on vmc; I I DISCHARGING FM BRA2IL ONLY SPORE IMI NK «E OUSA* YOU WO KM nosnrttN i jvm vu «ni mi mm urn
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      1267 42 *2? CHINA OCEAN SHIPPING COMPANY cjSp TEL *****00 1 FULL CONTAINER LINER SERVICE mtx^^ 09 CR NO: **********0 M CABLE COSTARLINE General Agents: OOtTAft SHOPPING FULTP vts&ti vor scr m wt mi wit ow WBOJWI Q* 521—555—45!—55! Qlll HC/MV 13/10 04/11 O*U 01/11 M/ll 12/11 XINC HE/511 IW 17/01 Z_
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      722 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destns 13/10, 19/10 I EUROPE all Ports 13/10, 16/10 BANGKOK 15/10, 19/10 HONGKONG/CHINA 15/10, 17/10 SYD, MEL, ADEL, BRIS 14/10, 20/10 FREMANTLE 15/10, 27/10 MANILA 19/10, 26/10 PKLG/PENANG 13/10, 17/10 Port Kdang Branch Tab *****21/2/3 Fax:
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      238 43 SMTUTa MARINE AGENCIES (SI PTC LTD St TEL: *****33 (12 Llnaa) m FAX: *****15/*****03 fH] TELEX: R8 ***** RISHIP (3 Llnaa) Pjf\ ETHIOPIAN SHIPPING LINES 1 (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA LOADING FCW SPOWE NETSANET 20WB 2/11 OAHESSALAAM. MOMBASA. OJ»OUTI ASSAB MA3SAWA ABVOT 23W8
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      827 43 MASKAPAI PELAYARANI WPULAU LAUTI I FULLY CONTAINERISED REGIONAL FEEDER SEPTIC* I I TWICE-WEEKLY/WEEKLY FIXED OAY SCHEDULE I I BETWEEN THE PORTS Of S PORE, INDONESIA, I I ALSO ACCEPTINC'iXL CARGO TO ALL DESTINATIONS. I If WE SERVE FOR BOOKINGS CALL SPECARGO I I FORWARDING AT TEL: *****55 I I M«QA»OW«
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      942 43 -or»r"? f BANGKOK jvom VOY .j BWAPORE IAWOK Iwm |w ypo« CPU, Jgjfel JENLINtt 2W» Hi Pt 11/10 Smb 14/10 SO. ORICNT 41R 12/ M 17/ M NANTA BHUM 10N la Pt UflO Sun 14/10 KITI OMUM 42S 10/ M 24/ M SIRI BHUM# 46W Sat 13/10 Taa 11/ M
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      1192 44 HAC-HELS SIN6APORE I awn TEt maa I tel mimm] AAA PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 I -I\~/\ I J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9
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      357 44 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTOLY SAILINGS DISCHARGING AT NEW PLYMOUTH CHALMERS ACCEPTING FCL AUCKLAND, NAPIER, BLUFF CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK Iff MULBERA 17$ 16 Oct Oct Via NPI 30Oct PROSPECT OSS M Oct 13 No*
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      1183 44 Am 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 uma |m leta Iwt uma lor eta |«t KIM SOON LI 39/90E 09 OCT PENANG EQUATOR JOY 25/90E 15
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      2 46 f' tr >
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      69 46 ISSSI fcUHUPt/ILA. BREAKBULK SERVICE 4jr HmSSA SINGAPORE IN PORT OwEPr^jji*J^ffi KKU SIN PKL DESTN SINGA SKY/***** Ski In PI FLU/ANT/UK/BFS BLUEBELL SUSANNAH/***** 19/10 24/10 FLU'ANT/UK(HUL) «T*l: *****27 Fax: *****30 Tli: R3 ***** INETCO r.R Hn 1177SBflQQQC&. VESSEL VOY WO. SIN MA* CAL ALCOfI 132N 14/10 21/10 TIGER RIVER 107CNB 13/10
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      59 46 c VENUSVIHAr LINES ALGENIB V2W/90 18/10 26/10 ALGENIB V3E/90 11/11 15/11 GENERAL J*, SHIPPjWCi» TEL; *****88 UNEB) TLX: RS ***** BSFA FAX: *****93 VESSEL VOY NO JKT SIN BRISB SYD MELB WATERMOLEN 103 13/10 15/10 28/10 31/10 3/11 WATERTOREN 203 21/10 24/10 04/11 07/11 10/11 WATERMOLEN 104 14/11 16/11 27/11
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  • Page 47 Miscellaneous
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      Page 47 Miscellaneous Column 1
      418 47 TIDES AND WEATHER TODAY'S TIDES (hetght in metres) HMNMOIOOO2M«3MMM«SM MMO7MMMINO lON UN I2M UN 14M ISM IMI7NIINI9M2M2IM2MZM ft IS U 1.7 1.9 2.1 2.1 1.9 15 1.4 L 3 1.4 15 II 12 25 2J 25 25 23 15 1-4 LI 05 0.7 H» 05 L 2 1.6 1.9 2.0
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      316 48 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 18/10 SPRING STAR 09/90 12/10 23/10 For Enquiries Call CALVIN HO/DANY LAU inll HIAP HOE SHPPMG ENIERPRBE I f/|i J TEL: *****66 FAX: *****10 \Jfjly TLX RS ***** HHSHPG j• PT. PELAYARAN. *W*MUTIARA SAMUDBA ABUNG
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      655 48 /HYUNDAI MERCHANT MAWNE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LIM OAK StA —HKG SIN_ HYUNDAI CHALLENGER Jrt U/10 11/10 5(11 WW\ W MJUNMI COMMANDER ISW 3g «g JJj 27* V* HYUNDAI INNOVATOR 36C 20fl0 25/10 12/11
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      Page 48 Advertisements Column 3
      523 48 ICHARTPOINT jj Every Saturday in Business Times I*, mcino. im* m |*v itM ilax iomiwm iom |«v imm in ihtci •UKA MHUNtNG VJM 4fl» ALLIGATOR VICTORY V ***** 1 Uol| lfll| Vll VU VU ?!U 7fll 7fll ¥11 OUR USA mi6A ummrnt' 7m~ urn allwatw wow vjct ap»l*u iw np
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