The Business Times, 19 October 1990

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Friday October 19 1990 75*
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  • NEWS SUMMARY
    • 52 1 CHINA has approved Jakarta's proposed candidate, Abdurrahman Gunadiija, as ambassador of Indonesia in Beijing, Indonesian Foreign Minister Ali Alatas said in Jakarta yesterday. Mr Gunadiija, 64, served in Beijing as first secretary in 1963, when bilateral ties were at their closest under Indonesia's first
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    • 26 1 THE US chalked up a US$9.3 billion trade deficit in August, the same amount as in July, the US Commerce Department said yesterday.
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    • 18 1 A 12-MEMBER Design Council is to be set up in Singapore next year. Page 2
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    • 25 1 AUSTRALIA'S Minister for Industry, Technology and Commerce is not overly optimistic about the forthcoming Uruguay Round of Gatt talks. Page 2
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    • 32 1 TOP Hongkong businessman Gordon Wu has announced that he has succeeded in putting together an US$BOO million loan to finance the construction of a superhighway in southern China. Page 7
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    • 29 1 CRITICS have attacked Soviet President Mikhail Gorbachev's toned-down economic reform plan, and an architect of a more radical programme has offered to resign Page 8
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    • 31 1 AFTER US Senate leaders from both parties struggled all day to line up votes, their budget package passed its first critical tests late on Wednesday Page 10
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    • 23 1 SOVIET President Mikhail Gorbachev and Russian Federation chief Boris Yeltsin seem to be heading for a major confrontation Page 12
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    • 16 1 CHAMPAGNE MAKERS are responding to increased demand with higher prices and hauteur. Page 19
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    • 36 1 WHILE the Gulf crisis is threatening a recession, it has led to a boom in the offshore oil rigging industry, triggering rising demand for offshore supply and support vessels. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 38 1 WALL STREET turned upwards early yesterday, trying again to rally from close to its lowest levels of the year. The Dow Jones average of 30 industrials rose 23.32 to 2,411.39 in the first hour of trading.
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    • 42 1 LONDON share prices were slightly lower at midday yesterday in thin, trendless trading. At about 1115 GMT, the Financial Times-Stock Exchange 100-Share Index was down 1.9 points, or 0.09 per cent, at 2,066.1. Volume was 156.9 million shares at midday.
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    • 26 1 THE STOCK Exchange of Singapore has approved the main-board listing of GP Batteries International, a subsidiary of Hongkong-listed Gold Peak Industries. Page 3
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    • 27 1 AT A TIME when most investors are staying away from stocks, three major parties are happily snapping up Tat Lee Bank shares Page 3
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    • 26 1 THE Australian and New Zealand Banking group has opened a regional office in Singapore for private banking in the Asia-Pacific. Page 6
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    • Article, Illustration
      28 1 BT-MGA 547.75 +2.92 Kink Lumpur ....469.44 +1.55 Hongkoac 2,950.52 4.02 Tokyo 24,367.01 +507.72 Sydney 1,355.2 +13.5 W *****ly CkMp New Yak 2JT.87 +6.68 London "JUttlO -15.6
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    • 13 1 US$ Sf 1.7060 Yen 31.3714 30.6327 Overnight 6-1/2 +1/8 3-month 6-9/16% 1/16
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    • 33 1 MnM PM fix US$367.85 USS1.85 SoreNov... 154.00*/kg +1.00 Mfe Nov 237.00Vkg +0.50 n. ih Turnover 36 tonnes -47 Spot M$16.39/kg -25 Cradt pttm cfl Turnover 660 lots +352 Nov MS683 /tonne +3
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  • 545 1  -  Some international call rates cut and postal services fees raised By John Tan A RATE REVISION package by Singapore Telecom next year will see local telephone phone calls being charged I.S cents a minute, some international calls costing less, and postal services
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  • 248 1  -  By Quak Hiang Whai THE SINGAPORE dollar was traded at a record high of 551.7025 against the US nit yesterday as the American currency lost grand major uiiiicks worldwide. Local dealers said the US dollar was qnoted at a historic low of $$1.7025/35 daring late-evening
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  • 268 1 Agencies RONALD LI, once said to have operated Hongkong's stock exchange like a private club, was sentenced yesterday to four years in prison for corruption. Li, 61, was convicted in the Hongkong High Court the day before on two counts under Honakong's Bribery Prevention Ordinance.
    Agencies  -  268 words
  • 398 1  -  1 Lee han Shih THE OPENING-UP of the European has helped Wearnes Technology to double its turnover to some $700 million in the last financial year ended Sep 30. M We are banking on an increase in European business to reduce our reliance on
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  • 189 1 AFP VIETNAMESE delegations from the State Committee for Cooperation and Investment will visit Europe, Japan, Hongkong and Australia later this year to promote investment in the country. One delegation will visit Austria, Italy, France, Sweden, Britain and Germany from Nov 18 to Dec
    AFP  -  189 words
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    • 161 1 WHAT DO Paul Hogan, 1 IiidKSBBIBMMMMBi Hainanese chicken have common? Samuel Ee finds out why Perth's Burs wood Casino Resort is banking on all three factors to draw more u Asian gamblers to their |Tlj^Hnn^| blackjack tables. f.Vm^ft PLUS: Ghost-hunting Jl Emerson's Tiffin Rooms; jade jewels, colour. Opinions deficit fiasco
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    • 82 1 •Details and reactions, Pg 16 BALLY \V iAUY BOUTIQUE in SINGAPORE Show Centre/Raffles City /Royal HoMay Inn <" BAUY AUTHORISED DEALERS •Champion Shoe Co Euro Shoe Shop Branch ise'on A Branches Jet Wind Department Store Le Ctamque h Branches MeK»ar* ft Branche» Mohamed ishak Enterprises Pie Ltd Mubarak Enterprises Pte
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  • HOME NEWS
    • NEWS ROUNDUP
      • 104 2 PRIME MINISTER Lee Kuan Yew will be attending the Enthronement Ceremony of His Majesty, Emperor Akihito, in November 1990. This was announced yesterday by Tan Soo Khoon, Speaker of Parliament and leader of the Singapore parliamentary delegation to Japan, at a reception hosted by
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      • 98 2 MANY of the activities of the 25th anniversary celebration brought tangible and intangible benefits to Singapore's economy, said Second Deputy Prime Minister Ong Teng Cheong. Speaking at the 25th anniversary celebration appreciation dinner yesterday, Mr Ong said that the Asian Aerospace Exhibition and the Global Strategies Conference demonstrated
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      • 71 2 CONSTITUENCY Sports Clubs help achieve the objective of the Sport for All policy and develop excellence in sport, Dr Sect Ai Mee said. Dr Sect, the Minister of State for Community Development and Minister of State for Education, said at the Constituency Sport Awards Night '90
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      • 71 2 SINGAPORE'S information technology industry is in the throes of rapid growth and is close to the $1.5 billion mark, Dr Arthur Beng, Member of Parliament for Fengshan, said. Speaking at the official opening of Tricom Apple Centre yesterday, he said that the tight labour
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      • 106 2 THE OPERATOR of Singapore's integrated public transport pystem, Transit Link, will conduct a second bus ticketing a'pment trial in Jurong, Choa Chu Kang, Woodlands and aenti from October 21 to November 24. Transit Link is a service company set up by the Singapore Bus Service, Singapore
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    • 481 2  -  National advisory body to be set up next year By Schutz Lee THE government's efforts to promote design awareness in Singapore will take full shape next year with the setting up of a Design Council. A national advisory body on design, the council
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    • 359 2  -  By Harish Mehta FORECASTING that the Uruguay Round of Gatt (General Agreement on Tariffs and Trade) talks is unlikely to end in quick success in December, an Australian minister said that the United States did not see eye to eye with Japan
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 368 3  -  By Elaine Koh HONGKONG battery maker, GP Batteries International (GPBIX has received approval from the Stock Exchange of Singapore for a main board listing, pending certain conditions which suggest that new guidelines are in place such foreign-based listings. GPBI, whose parent
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    • 457 3 Bernama MBf Holdings Bhd hopes to float its property trust in the middle of next year and its unit trust by year-end, its managing director Datuk Loy Hean Heong said. Datuk Loy said the group felt that this was
      Bernama  -  457 words
    • 200 3 Bernama COLD STORAGE (Malaysia) Bhd has reported an improved aroup pre-tax profit of M 5731,000 for the halfyear ended July 31, 1990, compared with M$ 111,000 in the previous corresponding period. Reporting its unaudited interim results in Kuala Lumpur, Cold Storage said group turnover
      Bernama  -  200 words
    • 187 3 Bernama PERLIS Plantations Bhd is to acquire a 20 per cent interest in Tanjung Aru Hotel Sdn Bhd for M$ 16.48 million cash, Malaysian International Merchant Bankers Bhd said yesterday. MIMB, Perlis Plantations' advisers, said the company had entered into a conditional
      Bernama  -  187 words
    • 689 3  -  THE HOCK LOCK SIEW COLUMN By Amy Balan WHATs happening at Tat Lee Bank? At a time when most investors are generally staying away from stocks, three nuyor parties are happily snapping up the bank's shares. While Tat Lee's own founding
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    • 424 3  -  By Lee han Shih WEARNES Technology has disclosed that most of the cost of over US$ 1 million incurred in the aborted attempt to acquire American company Qume Corporation, will be reimbursed by Qume. "This is in our buyout agreement," managing director
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    • 59 3 COLD STORAGE yesterday disclosed that the option agreements for the disposal of Cold Storage Dairies to Freter A Neave for $43.15 million were completed on (Jet 16. Aooofdingty, the various options enabling Goodman Fielder Watt* (Asia), FAN and Food Investments (SEA) to reorganise their shareholdings
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    • 39 3 OVERSEA-CHINESE Banking Corporation announced that foreign ownership, including those whose status are being clarified and the transfers of shares in favour of foreigners, has reached the 40 per cent limit as at yesterday.
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    • 34 3 JOHN GOVETT Management (Jeraey) Ltd has clarified that The Singapore Sesdaq Fund lid is now interested in 2.03 million Metalock shares, representing 8.47 per cent of the company's issued capital
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    • 73 3 DBS Bank's deemed interest in Singapore Petroleum Compaf ny has increased by 5.03 million shares as a result of the underwriting shortfall which the bank, as the lead underwriter, has taken up through Singapore Factory Development Ltd So assuming the completion of the private placement
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    • 305 3 MBT IGB CORP has proposed to sell a 62.S per cent interest in wholly-owned subsidiary Great Union Properties (GUP) to three parties for M 553.22 million. This includes the sale of a 50 per cent -interest in GUP to New
      MBT  -  305 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 96 4 PT KOMATSU Indonesia, a joint venture with Indonesia's United Tractors and three Japanese firms, will invest US$l9 million to expand its steel foundry plant in Jakarta, a company spokesman said. The expansion will double production capacity to 12,000 tonnes of heavy equipment components a
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      • 78 4 JAPAN'S Nippon Steel Corp jointly received with a Thai affiliate an order for the expansion of a natural gas development base in the Gulf of Siam from Unocal Thailand Ltd, a company spokesman said. Nippon Steel and its 26 per cent owned Thai Nippon Steel
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      • 71 4 SOUTH China Morning Post (Holdings) Ltd, 51-per cent held by Rupert Murdoch's News Corp Ltd, declared a 6 HK cent interim dividend for the year ending June 30, 1991. The books close from Nov 7 to 9 and the dividend will be paid on Nov
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      • 40 4 THE Japanese group Sumitomo Rubber Industries is to set up a Netherlands-based holding company to bring together its European activities at the end of the year, the company said on Wednesday in a statement released in Paris.
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    • 204 4 Reuter FLETCHER Challenge Ltd will buy the British Petroleum group's interest in the Maui gas and condensate field for a net NZ$29O million. The purchase, which is subject to regulatory approval, brings FCL's stake in the field of the North Island coast to 68.75 per
      Reuter  -  204 words
    • 813 4 Analysts expect Big Five construction companies to enjoy 20pc increase in profit Reuter JAPAN'S Big Five construction companies should enjoy increases in parent current profit averaging 20 per cent in the year to March 1991, despite rising costs and sharply higher interest rates, industry analysts
      Reuter  -  813 words
    • 221 4 AP BELL Group Ltd said on Wednesday it will ask a group of investors, including British media baron Robert Maxwell, to buy its controlling interest in Perth's morning newspaper, The West Australian. Bell Group, a subsidiary of beleaguered Bond Corp Holdings Ltd, announced the plans
      AP  -  221 words
    • 370 4 JAKARTA POST (JP) Pt Rekayasa Industri and Pt Krakatua Engineering Construction, two stateowned engineering firms on Wednesday won contracts for the designing, management and construction of two cement units in Java and Sulawesi. "The construction of the two production units and other
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    • 268 4 SOUTH KOREA'S car exports rose sharply to 34,392 units in September, the highest monthly figure this year, but the country is still unlikely to achieve the 1990 export target of 370,000 units, Trade Ministry officials said. August exports totalled 27,772 units. South Korea
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    • 299 4 Reuter PEUGEOT Japon Co Ltd, a Japanese unit of Jfeugeot SA's Automobiles piwgeot, forecast its sales of Peugeot cars in calendar 1991 it' 12,000, up from an estimated 7,000 in 1990, a Peugeot Japon spokesman said. Peugeot sales in Tokyo in 1989 rose 94
      Reuter  -  299 words
  • Page 4 Advertisements
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  • INTERNATIONAL COMPANY NEWS
    • 440 5 FT HIGHLAND Distilleries, maker of the famous Grouse, the UK's second best-selling scotch whisky, is to pay £75.9 million for a 25 per cent stake in Orpar, the controlling shareholder of Remy Cointreau, the French cognac, champagne and liqueur group. The move
      FT  -  440 words
    • 400 5 NYT COCA-COLA CO, the world's largest soft-drink company, said on Wednesday that its third-quarter earnings rose to a record U*****.2 million, or S8 cents a share. The 9.1 per cent rise slightly exceeded analysts' expectations. James J Murren, an analyst at
      NYT  -  400 words
    • COMPANY BRIEFS
      • 102 5 THE European Commission will examine the final terms of any deal between Grand Metropolitan pic and ESden IXL Ltd to check whether it is in line with EC fair rules, a Commission spokesman said. The two funis are trying to finalise a deal under
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      • 70 5 VOLKSWAGEN AG sales have not been hurt by the Gulfcrisis and the accompanying rise in oil prices, and earnings for the full year should follow the trend set in the first hit Dieter Ulkperger, chief financial officer, said. Ynflrmmrnt reported a group net profit
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      • 95 5 MARY Kay Corp said it extended to midnight, an Wednae** day the period during which holders of its 15 per > discount debentures could consent to certain nrommd' amendments to the terms of the issue and reoeive USSIO in* cash per US$l,OOO principal amount of
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      • 33 5 LOTUS Development Corp said it has reached an out-ofc court settlement with Paperback Software International angC its partner, Stephenson Software Ltd, for violating Lotus? copyrights in its 1-2-3 spreadsheet software.
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    • 422 5 NYT STEPHEN L Lane, the former president and chief executive of the Emerson Radio Corp, and his wife, Trina, were ordered by an arbitration panel on Monday to pay more than US$6 million to Drexel Burnham Lambert Inc to settle a
      NYT  -  422 words
    • 328 5 NYT MICROSOFT Corp on Tuesday reported strong gains in revenues and earnings, while Lotus Development Corp reported declining earnings on essentially flat sales, which it attributed to upgrading its most popular product. The companys' stocks moved in seemingly unexpected directions. Microsoft shares closed at
      NYT  -  328 words
  • Page 5 Advertisements
    • 182 5 0 1 I I m Other cars are engineered, j ROVERS ARE CRAFTED v J t .a: 1 I t m 0 V. < A w t i- V I' 9 t 4 i V The Rover has always offered that rare combination: luxury coupled point fuel injection, to a
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 56 6 I"HE NUMBER of Japanese companies suspended from dealing with banks dropped 9.7 per cent from a year earlier to 401 in September, an industry association said in a survey released on Wednesday. September was the 27th straight month that the number of suspended firms
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      • 49 6 TRADING in shares of French insurance company Axa Midi Assurances has been suspended on the Paris Bourse pending an announcement from the company, the French Stock Exchange Authority SBF said. The shares were suspended at 198 francs. They will be requoted today, the SBF said.
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      • 72 6 THE Japanese equity warrant bond market is struggling through its second setback in a year as shocks from the Gulf crisis ripple through the domestic economy. Traders complain they have not received their normal list of new deals for the onming weeks and are uncertain
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      • 42 6 JARDINE Fleming Australia Securities Ltd will close its lon-making research and dealing business for institutional clients from today, managing director Christopher Grubb said. "Broking is very oversupplied and there's been a significant drop-off in activity," Mr Grubb said.
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    • 370 6 Reuter BEIJING'S Bank of China group is moving to make itself more competitive in Hongkong and Macau by offering uniform interest rates on foreign currency time deposits at all branches controlled by banks in the group. Rates will
      Reuter  -  370 words
    • 596 6 Aftermath of Bank Duta's scandal AFP THE MYSTERIOUS disappearance of nearly half a billion dollars from the coffers of a private bank in Jakarta has led foreign financiers to greater caution in their dealings in Indonesia despite the country's fine economic performance, overseas investors said.
      AFP  -  596 words
    • 275 6  -  Quak Hiang Whai AUSTRALIAN and New Zealand Banking group (ANZ) has opened a regional office in Singapore to cover private banking activities in the Asia-Pacific David Valentine, head of ANZ private banking group unit, said the new Singapore office marks the first
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    • 334 6 NYT KLEINWORT BENSON, the City of London investment banking group, lost £34 million on the sale of a large block of shares in Premier Consolidated Oilfields. Half of Kleinwort's expected profits of £60 million-£7O million this year will be wiped out by
      NYT  -  334 words
  • Page 6 Advertisements
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      166 words
  • Page 6 Miscellaneous

  • THE REGION
    • 428 7 AP TOP HONGKONG businessman Gordon Wu announced on Wednesday he has succeeded in putting together an US$BOO million loan to finance the construction of a superhighway in southern China. The loan would be one of the biggest since the June 4 military
      AP  -  428 words
    • 497 7 Reuter RESTAURANT owners say no one eats out any more. Prestige car showrooms, jammed with German imports two years ago, lie empty. Ring a builder and he says hell come round immediately and does. Talk to people in Australia's cities, particularly in Melbourne, and
      Reuter  -  497 words
    • 300 7 NYT VIETNAM'S Foreign Minister has agreed to expand efforts to identify and return to the United States the remains of US servicemen still unaccounted for after the Vietnam War, moving the US and Vietnam a step closer to normal diplomatic relations.
      NYT  -  300 words
    • 181 7 EXPERTS from China visiting Hongkong have said the proposed HKS2OO toll for the Lantau Fixed Crossing to Chek Lap Kok airport would be too much, the South China Morning Post reported on Wednesday. To cover construction costs, the private sector has proposed that
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    • NOTE BOOK
      • 82 7 INDONESIAN Foreign Minister Ali Alatas said yesterday 4 would visit France to consult French counterpart Rolan<} Dumas on preparations for reconvening an international coo* ference on Cambodia. Mr Alatas did not say when he woqpq depart, but sources in his office indicated he
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      • 68 7 PHILIPPINE President Corazon Aquino urged Soutb-easf Asian countries to work towards a formal treaty linking thefa* economies. The recent dynamism of world affairs tft& rapprochement in Europe, the crisis in the Middle East, aw the emerging ascendancy of Asian-Pacific nations has underscored the need for
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      • 60 7 THE US said it is closely monitoring Thailand for trato violations because of Bangkok's failure to take adequate measures to prevent piracy of US patents and copy righto "i "We are quite disappointed with the protection that your (Thai) government gives to intellectual property," Trade Representative
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      • 83 7 THE PHILIPPINES has drawn up plans to ration petrol m the face of the worsening economic crisis sparfced by the Middle East conflict, officials said on Wednesday. "We to look at the possibility of very serious rationing," Finahee Secretary Jesus Fstanisiao said. He said President Cooooa
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      • 98 7 THE NUMBER of Philippine contract workers depioycc overseas race 0.2 per cent to 309,130 in the fint eighi months of this year, from 308,400 in the tame period las year, officials said on Wednesday. Officials of the Philippine Overseas Employment Administration, however, noted thai the number
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      • 85 7 ALMOST 47,000 Vietnamese and foreign tourists visited Hanoi in the first nine months of this year and the Hanoi Tourism Company has updated facilities to cope with the rush, the official press reported. The figure represented almost 90 per cent of the company's target for 1990,
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  • THE WORLD 1
    • WORLD WATCH
      • 119 8 !US DEFENCE Secretary Dick Cheney traded mutual assurances with Mikhail S Gorbachev and other Soviet leaders on < Wednesday on plans to reform the military and curb defence spending. "Our old strategy was based on fighting a global conflict with the Soviet Union on short
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      • 105 8 BRITISH Prime Minister Margaret Thatcher's Conservative government has accepted it will have to breach its own public i spending guidelines if it wants to win the next election and financial markets seem prepared for the shift. Economists and political sources believe £200 billion is now the
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      • 147 8 !THE CHAIRMAN of the New York Stock Exchange said on Wednesday that the Soviet Union could develop a rudimentary stock market within 18 months and the biggest US i exchange intends to help. NYSE chairman John J Phelan Jr met with reporters to discuss a seminar
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      • 109 8 EAST GERMAN firms virtually ceased all investment after German monetary union on July 1 and investment from West German firms remained limited, according to a survey published in Berlin on Wednesday. East Berlin's Institute for Applied Economic Research, in a study of 50 East German industrial
        109 words
      • 132 8 THE WORLD Bank told Hungary on Wednesday that it must continue payments on its old debts if it wants to borrow more money as it emerges from a Communist system, a spokesman for Prime Minister Jozsef Antall said. Hungary has a total debt of US$2O.
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    • 153 8 AP •POLITICAL and economic leaders in Latin America are developing a consensus that freer markets are the answer ;to their economic woes, says the head of the International Monetary Fund, i Speaking at an Inter I American Press Association meeting in Kansas City on
      AP  -  153 words
    • 714 8 Author of alternative economic programme offers resignation as Deputy PM of Russia AP CRITICS have attacked Soviet President Mikhail Gorbachev's toned-down economic reform plan, and an architect of a more radical transition programme has protested against the retreat by offering his resignation. The reaction came
      AP  -  714 words
    • 341 8 AFP THE SECOND PHASE of the European Community's plans for monetary union should begin in early 1994, German Chancellor Helmut Kohl has suggested. The suggestion, made in a French television interview on Wednesday, was a compromise solution to his Foreign Minister's preference
      AFP  -  341 words
    • 293 8 AFP THE US has said that it is "extremely disappointed" with the failure of the European Community this week to agree on a joint position on farm trade subsidies. The EC is the last major trading bloc that has to
      AFP  -  293 words
    • 342 8 AFP THE PRIME MINISTERS of North and South Korea concluded talks yesterday in Pyongyang without reaching agreement on resolving mutual animosity, but pledged to try again in Seoul before the year's end. North Korean Prime Minister Yon Hyong-Muk and his Southern counterpart, Kang Young-Hoon,
      AFP  -  342 words
    • 481 8 AP IN ECONOMIC hard times, Japanese corporate executives are likely to reduce their salaries to avoid laying off workers, members of Congress were told. And the top Japanese executives earn one-third to one-half as much as their US counterparts, added
      AP  -  481 words
    • 232 8 Reuter FINANCE MINISTER Michael Wilson acknowledged M Wednesday that Casaaft economy, one of the aoat robot of indmtrintised aatftoas in recent years, Is likdy la ha ■had hi recession. The m hi oil prices 4m U the Golf crisis and labem strikea la
      Reuter  -  232 words
    • 915 10 NYT AFTER US Senate leaders from both parties struggled all day to line up votes, their budget package passed its first critical tests late on Wednesday. Senators rejected a proposal to raise taxes on the wealthy, largely out of
      NYT  -  915 words
    • 529 10 Reuter THE US DOLLAR'S long slide over the past six months, partly a symptom of America's fading global economic dominance, reflects a risky strategy for reinvigorating a weak domestic economy, say analysts in the US. The Bush administration's policy of benign neglect of
      Reuter  -  529 words
    • 207 10 AP US HOUSING starts fell to their lowest level since the 1981-82 recession, slumping 0.6 per cent in September and marking their eighth consecutive monthly decline. The Commerce Department said on Wednesday starts of new homes and apartments totalled a seasonally adjusted annual rate
      AP  -  207 words
  • Page 8 Advertisements
    • 186 8 f AIESEC SYMPOSIUM 1990 A Gueel of Honour Mr Lim Choo Peng President, Slock Exchange of Singapore Chairman Mr Alien J Pathmarajah Director General Manager, Great Eastern Life Assurance Co Lid Speakers/PaneNiate Mr Georae E K Teo Executive Chairman, J.M Sassoon Co Pte Ltd Mr Tan Soo Nan Executive Vice-President,
      186 words
    • 154 8 The dash of the puiidinli, Pg 12 0 Personal touch. Gracious living. Smiling, friendly faces await you at Liang Court Regency. Elegant apartments with residential touches. Superb amenities for recreation, entertainment, dining out and shopping a your doorstep. A choice location near exciting Orchard tßoad and the central business district.
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  • Page 10 Advertisements
    • 878 10 *55* THEYASUDATRUS^VNDBANKIN^CO^T^^^^^^ W (Incorporated in Japan with limited liability) Non-Consolidated Balance Sheets Non-Consolidated Statements of Income March 31. 1990 and 1989 and Unappropriated Retained Earnings BANKING ACCOUNT For the years ended March 31, 1990 and 1989 Millions of yen Millions of yen 1990 198? 1990 1989 ASSETS INCOME: Cash and
      878 words
    • 407 10 NOTICE f" IN THE MATTER OF I THE COMPANIES ACT. CAP. 50 I AND I I ROBIN STEEL J (PRIVATE) LIMITED J I (Members' voluntary winding-up) NOTICE IS HEREBY J I GIVEN thai the creditors of the abovenamed Company, which is being I wound up voluntarily, are I required on
      407 words
    • 360 10 IN THE MATTER OF THE COMPANIES ACT. CAP. 50 AND SPEEDAIR (PRIVATE) LIMITED (Members' voluntary winding-up) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company, which is being wound up voluntarily, are required on or before 19 November 1990 to send in their names and addresses and particulars
      360 words
    • 366 10 IN THE MATTER Of THE COMPANIES ACT, CAP. 50 Pursuant to Sedan 290(2J (b) A E DESIGN A CONTRACTING (PTE) LTD bars' voluntary n. r h lu- m on uiuuißVy uoneroi Pwrmg al tha abovaaaod Company daly caevanod and bald at 1 Marino Parode Central, fl)7-OS Singapore 1544 an Thursday,
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    • 375 10 IN THE MATTEI OF THE COMPANIES ACT, CAP. 56 Pmiaal to Serttoa 290 (2) (k) KASSBELL INTERNATIONAL iPRIVATE) LOOTED <k Mcakm i I il j i hihg Al an Extraordinary Geaeral Meetiag of tke abovtuanl Coapaay duly coanatd aad kdd al 1 Km Parade Ceatral. #07-05 Siagap«rc 1544 oa IWndiy,
      375 words
    • 380 10 Oatrel bilks ntOtdy to come to USS 1 aid, P| 27 IN THE MATTER OF THE COMPANIES ACT, CAP. 30 Pursuant to Section 290 (2) 00 EDNA COMPANY (PTE) UMTTED (la Members' votomary wtodtaf-up) At an Extraordinary General Meeting of the abovenamed Company duly convened and held at 1 Marine
      380 words

  • Page 11 Advertisements
    • 338 11 41 From the 20th of October, you'll be surprised to find that our branch in Orchard Road is even BETTER LOOKING. 0 Why? Because CHASE we've made a few changes to give you BETTER SERVICE. 9 Improvements we think will give you BETTER BANKING. W For j \£rr instance on
      338 words

  • 457 12 EDITORIAL Malaysians go to the polls this weekend facing an unprecedented choice. In addition to the familiar multi-racial coalition under the National Front banner, an opposition alliance of ethnic- and religious-based parties has emerged for the first time, seeking a mandate to rule the country
    457 words
  • WHAT THE OTHERS SAY
    • 219 12 AT THE HEART of the concerns voiced by Prime Minister Lee Kuan Yew on the role of the Western media is the question whether information is valuefree. Sending information from one part of the woHd to another is fraught with problems unless journalists pay heed to the
      219 words
    • 133 12 THE FALL of General Michel Aoun is not the end of miseries in Lebanon. President Hrawi has said Gen Aoun's surrender opened the way to the imple- mentation of a peace plan which aims to reunite Lebanon, with a more equitable sharing of power
      133 words
    • 132 12 SABAH has always harboured anti-federal sentiments. The PBS decision at such a crucial moment to abandon the National Front is proof of its desire to hit out at the latter. PBS leaders are clearly putting all their eggs in one basket. But whether or not they
      132 words
  • REGIONAL VIEWPOINTS
    • 201 12 SOVIET PRESIDENT Mikhail Gorbachev is in danger of becoming a prophet without honour in his own home land. Applause for the winner of this year's Nobel Peace Prize was muted at home, where shortages of basic consumer items like bread and cigarettes sour the response. The Nobel
      201 words
    • 116 12 NOW THAT the Federal Government has, for the time being at least, played out its last monetary policy card on fighting inflation, the next point of attack on Australia's number one economic disease will have to come from Budget and wage policy. Much of the
      116 words
    • 140 12 THE COLD WAR structure of international politics in northeast Asia has been shaken by two developments in close succession on the Korean Peninsula. North Korea has made its intention known to seek the establishment of diplomatic relations between South Korea and the Soviet Union. Pyongyang's proposal for
      140 words
  • 886 12  -  Hopes for a speedy solution to the economic and social crisis that the Soviet Union is facing have dimmed as its two top leaders head for a showdown. Robert Evans reports Robert Evans Reuter THE introduction of Soviet President Mikhail Gorbachev's latest plan for transition
    Reuter  -  886 words
  • Page 12 Advertisements
    • 71 12 t f SOTHEBY'S FOUNDED 1744 JjL mkfrf i4r Jr ATr? mm qt >. IS ink and colour on paper HK$l2O,OOO -150,000 PREVIEW EXHIBITION OF J FINE MODERN CHINESE PAINTINGS FINE JADEITE 19th, 20th 21st October 1990 Empress Place Building No. 1 Empress Place Singapore 0617 0 OPEN TO PUBLIC 1
      71 words
  • Page 12 Miscellaneous
    • 52 12 DOONESBURY BY GARRY TRUDEAU f SOANYMY, THEY TGLPMS TP 1 VOL) KNOW I COMPUTE*, TRAINING-ANP I HOHJWUSe 516H un%/zn HAS APT I imiFOßm HOLJHfium 1 A COMPUTER* <MZRAY ,&rnT CAmp I SVW SUN A COMPUTER SIHCB I W, CAN YOU VEtijE, ?77£01 VIENUSTW' Ju TEfIWMt CMJ&CH DAYMAN' SUCTI HOW.IW* you
      52 words

  • ANALYSIS
    • 617 13  -  Malaysians go to the polls this weekend. Our first report takes a look at the likely economic scene after the Oct 21 general election. The other articles focus on two of the hottest spots in the current hustings: Penang and Sabah
      AFP  -  617 words
    • 1586 13  -  By David Chew in PENANG AS THE 10-day campaigning period for Malaysia's eighth general election draws to an end, many election watchers are focusing their attention on Penang. Malaysia's only Chinese-majority state, with its anti-establishment tradition, is witnessing the most keenly fought electoral
      1,586 words
    • 581 13  -  By Shoeb Kagda in KOTA KINABALU WITH THE WITHDRAWAL of Parti Bersatu Sabah (PBS) from the ruling National Front coalition, the battle for Parliamentary seats has heated up considerably in this east Malaysian state. Some even say that PBS*s move has
      581 words
  • Page 13 Advertisements
    • 93 13 I KNGOFTHt HAIRY CRABS Appointed as sole distributor by China National Cereal, Oil Food-stuff Corpn.- once again, we bring to you Hairy Crab from Yang City Lake (the Best golden species). Specially air-flown (via SLA) to be served on your table within 8 hours from catch. 3 45 KjJUUulby 4MDL
      93 words

  • Page 14 Advertisements
    • 210 14 w An Exclusive Offer for American Express® Cardmembers FLY A FRIEND t As an extraordinary promotion What's more, we'll match the companion ticket to for American Express Cardmembers, the class of your next purchased trans-Pacific ticket. Fly First, Northwest Airlines offers a free or Executive or Economy Class and so
      210 words

  • SPORTS
    • 365 15 UPI AMERICAN John McEnroe overcame a shaky start to defeat compatriot Brian Garrow in the final first-round match of the U*****,000 CA tournament in Vienna on Wednesday. But second-seeded "Big Mac" had the tournament organisers biting their fingernails. He went down 4-6 in
      UPI  -  365 words
    • 610 15  -  Paul Ramani runs into a familiar face in unfamiliar surroundings at the Philips Open. Paul Ramani A SILVER-HAIRED gentleman caught my eye at yesterday's quarter-final matches of the Philips Singapore Open Veterans' Tennis Championships. Indonesia's Ferry Sonneville, 59, one of the world's top badminton
      610 words
    • 171 15 UPI THE US Olympic Committee, looking to cover big costs as another Olympics nears, has announced a programme that will allow sponsors to directly assist athletes trying to win spots on the 1992 US Olympic team. Dr Harvey Schiller, the USOC executive director, said in New
      UPI  -  171 words
    • 298 15 Reuter DEFENDING champion Tim Simpson fired an eight-under-par 64 on Wednesday to grab the first-round lead of the US$l million Walt Disney World Golf Classic being played on three courses in Florida. Bill Buttner shot a six-under-par 66 and was alone in
      Reuter  -  298 words
    • 194 15 AFP JOE OLIVER singled in the winning run in the bottom of the 10th inning in Cincinnati on Wednesday to give the Reds a 5-4 victory over the Oakland Athletics and an unexpected 2-0 lead in the World Series. Oliver drilled a one-out offering
      AFP  -  194 words
    • SIDE LINES
      • 61 15 CARLOS SAINZ of Spain clinched the world ratty driven' championship when he finished third in the San Remo RaDy in Italy yesterday. The result gave the Toyota driver an unbeatable lead with two world championdup events to come. Frenchman Didier Auriol woo the San
        61 words
      • 54 15 AUSTRALIA'S brilliant Rugby Leagoe tourists notched up their fourth convincing win with an eight-try demolition of plucky Cumbria in a 42-10 win in Workington, on Wednesday. The visitors easily their imiliili n record, Australian forward Mark Carroll setting the tone for the evening with a try
        54 words
      • 84 15 LOCAL FAVOURITE Michael Chai« defeated Spain's Sergi Bruguera 6-3, 6-3 on Wednesday in the opening Gold Group match in the preliminary round of the HK$5 man™ Marlboro Championship in Hongkong. Hitting the bafi harder than he did last year, Chang came back from 3-0 down
        84 words
      • 87 15 AMERICAN David Pate upset France's Guy Forget in a first-round match on Wednesday to advance ia the US$5OO,OOO Lyon Grand Prix men's tournament. Pate edged the second-seeded Foifst 7-6 (7-3 X 4-6, 7-6 (7-5) to more on to a second-round meeting with another French man,
        87 words
      • 86 15 BRITAIN'S Nick Faldo has become the first non-American to be named the US PGA Player of the Year. The award, won last year by Tom Kite, is not usually made until after the season-ending Nabisco Championship at the end of the month, but Faldo's victories
        86 words
      • 49 15 WORLD snooker champion Stephen Hendry was lucky to survive against Canadian Alain Robidowhtlare reaching the quarter-finals of the Rothman Grand Mi in Reading an Wednesday. Hendry, who scraped through his previous match against Silvino Francisco 5-4, was again wd below his best in beating Robidoux 5-3.
        49 words
  • Page 15 Advertisements
    • 203 15 I I /W7"^S\ Different way we go, The way we are. Conceptionally designed INTEST -The new.revolutionary non-linear iron clubs are in a class of its own. As opposed to conventional iron clubs, INTEST has 3 distinct concepts in a set of iron clubs. t I H I 2^^^ePSSSllSEr:S^ LX (With
      203 words

  • FOCUS 1
    • 513 16  -  Reaction to Telecom's revised rates BT calls up business users to hear what they have to say Dexter Lee Malini Tambyah Businesses are unhappy about, but resigned to, the new tariff structure for telephone calk and postal services which Singapore Telecom will
      Source: Telecom  -  513 words
    • 312 16  -  But doubts over 17-minute threshold By John Tan ATIME-based system for charging local telephone calls is fairer and more equitable than making everyone pay a flat rental rate for each telephone line, said subscribers contacted by BT yesterday. That is, the more you use the
      312 words
    • 437 17 Reuter THE five permanent members of the UN Security Council agreed on a draft resolution on Wednesday that opens the door for nations and individuals damaged by Iraq's occupation of Kuwait to seek financial compensation. But the resolution does not talk about any
      Reuter  -  437 words
    • 158 17 The Gulf Crisis AP BRITISH Foreiga Secretary Douglas Hard left Israel yesterday after nasoccessfal attempts to persuade the Jewish state to accept a compromise oa a UN iavestigrive delegation. The Foreiga Secretary, wiadiag ap a week-ioag Middle East toar, met Israeli
      AP  -  158 words
    • 619 17 AP KUWAIT has a bustling economy, a loyal population, a functioning government but no territory. The emirate's government-in-exile is using Kuwait's huge global financial resources to keep its national identity alive despite the Aug 2 takeover by Iraq. But how long can Kuwait with its
      AP; Reuter photo  -  619 words
  • Page 16 Advertisements
    • 68 16 v *T 1 1 /'v. Y -v v i Cur FROM THE FINEST QUALITY FABRICS AND TAILORED FOR AN INDIVIDUAL FIT, EACH SUIT FROM LANVIN BEARS THE HALLMARK OF UNSURPASSED LUXURY. THE LATEST DISTINCTIVE COLLECTION CONTINUES TO CREATE AN EXPRESSION OF REFINEMENT FOR THE MAN WHO APPRECIATES THE FINE ART
      68 words

  • Page 17 Advertisements
    • 67 17 ~*A«s:.v~ i 'MB• --A "-iiiL^^ "Mg j>| I H ;/^J^ F WrW >:. J J ii v >• if i A;; /i f f If you're an expert in your field 'M r- I you'll know that I jf j *r y' we're f/ie expert in ours. i J /F
      67 words
    • 209 17 A m I Timeless 1 The movement of a watch is dust, dirt and water. It provides Rolex Oysters have climbed its heart. Precious. Delicate. For a totally secure protection for the highest mountains, dived centuries craftsmen have striven the precision Oyster movement. the depths of the oceans alfi to
      209 words

  • Page 18 Advertisements
    • 239 18 WHERE TO WINE, DIME AND ENTERTAIN WHERE TO Willi, DINE AMP ENTERTAIN WHERE TO WINEJ DIME Some like it hot I f Spicv Szcchuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szechuan Court. Reservation, :130 8310 or 338 8585 ext *****/6. fti! WW \S7
      239 words
    • 361 18 T iiii PLUM'S iiniiiiiiiiiii DEEPAVALI DELIGHTS Spicy Indian Buffet October 12-28,1990 Lunch 12 noon 2.30 pm Dinner: 7pm 10.30 pm A quartet of chefs, have been flown in from Hyatt Regency Delhi, lo prepare Northern Indian specialities as a tribute to the Indian community on the celebration of Deepavali 124*
      361 words
    • 291 18 Have Poolsuk "BBQ Buffet" Under the Stan! i Now, besides our weekend T^- steamboat buffet is the new f Alulr. Sls++ ChOd: S9++ Steamboat Buffet f t\ Adult: $1250++ Child: $B++ fbolside where you get more than your fair share of T Jfcf •Both buffets served from Fridays to I
      291 words
    • 387 18 SSi nwy I The freshest catch. Flower and Hairy crabs. Sauteed with asparagus... PanMed wtth U ginger and spring oniort.. Baked 1 HSSS jnfl and stuffed... Sdr-ftled In piquant IgEESM I-.— EHfi steamed. If that doesn't grab you. A ■■HH nothing w*. 4U; I—3l October. Lunch Dinner. 333 Orchard Road.
      387 words
  • Page 18 Miscellaneous
    • 584 18 TELEVISION AND RADIO r i poiYi fpnnic sbcu £»2w ts f A Cdlll tCllllld *£?''?_.'f £5 MC, «M alta ftl VNF Barf The Philosopher Prince (ep Can (Stereo) 7JI Machrib Prayar CaM 7.lt«* t-2f—, lJBpa^ ■■KTirVSTTITnrSH IPh D 10 JO Faatura Spaclai I Know 7 M aSntehiZl 5 Jtpn, Usmc
      584 words

  • LIFESTYLE
    • 1014 19  -  Sparkling marketing campaigns and bubbly demand are bringing cheer to France's champagne makers. But with supply lagging demand, producers are planning price increases to restore balance in the market. Steven Greenhouse reports Steven Greenhouse NYT NEARLY a decade ago, the centuries-old champagne houses of France,
      NYT  -  1,014 words
    • 588 19 Low fat does not always mean low calories AP People who eat iowfat foods find other ways to consume calories, but don't replace the fat, suggests a new study with implications for newly developed fat substitutes. Study participants who unknowingly ate low-fat
      AP  -  588 words
    • 401 19 CHATHRBCBCa. PAUL and LINDA McCartney led a demonstration of hundreds of local residents on Tuesday through Rye, a bucolic English town, to protest against the possible dosing of Rye Memorial Hospital Their daughter, Mary, was treated in the hospital's emergency room there earlier this
      401 words
  • Page 19 Advertisements
    • 210 19 AND ENTERTAIN y i j High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. A ANA HOTEL 16 NASSIM HILL, SINGAPORE 1025. TEL: 732 1222. SINCAPORE It In the delicate
      210 words
    • 204 19 [$830 Menu for 10. Free quart Martdl Cordon Bleu. ■Only 5 tables nightly. Advance orders required.) i $428 Menu for 10. JiV I Free quart bottle Qrivas Regal or Marted VSOP. W $288 Menu for 8. «5," SK Free quart Qrfvat Regal or Martell VSOP. vij $138 Menu for 1.
      204 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4421 20  -  By Diana Oon PUNTERS dominated the scene on the local bourse yesterday in featureless trading on relatively thin volumes. There was some last minute buying of Malaysian and Singapore blue chips by institutions just before the closing, brokers said. Some brokers viewed it as an
      4,421 words

  • 4099 21 Main Board GB Hide 20* 300 +150 +100.0% NatSteel 600 20 3.4% OUT 220 +20 +10.0% Asia Pacific 790 +15 +1.9% Cold Store SO* 226 +11 +5.1% S1A Foreign 1300 +10 +0.8% SPH Foreign 850 +10 +1.2% FAN 680 +10 +1.5% Semb Shipyard 404 +10
    4,099 words

  • BT SHARE INFORMATION SERVICE
    • 126 22 "Tmjinj M« Vmt Orw* Nat Itot Mratags firm mm to prritt/lMS (L) par ikan dMdawd ('000) (cMrts) totraoa Oct 9 Jun 90 $10,808(17.704) 21 7(155) 12(10) Rodmans M Oct 9 Jun 90 $36,269(126,171) 31 6(22.8) 76i(25) M Banking Sep 29 Jun 90 M$172.134($80.584) 46.0(25.5) 25h(18) BUT Sap 28
      126 words
    • 263 22 Ci—■> Bate Ymt «r*ap pretax N«t Mintaft 6ms mm te pr*ftt/teu a) Nr shara *Mmi (•000) (oats) S8S Oct 11 Jun 90 $4,140(14,809) 115(129) 7(9) LAM Oct 10 Jon 90 $2.444($1,256) 5.4(1.5) 2(1) HmmM Oct 9 Jim 90 M$43,130($*****) 15.8(6.2*) 105(7 9a) MSB Oct 5 Jun 90 M$6,505($12,681)
      263 words
    • 518 22 Cifwy Data HaH-yaar Sraap pra-tax Hrtaria mm ta pra«/1a*f (L) <Mi»ai ('000) Guthrie GTS Oct 11 Jim 90 $2,013($226) Omphone TH Oct 5 Jul 90 M$8.115 ($6,523) M Resources Oct 2 Jun 90 «6.231L(J7,645L) -<-) Innovest BM Sep 29 Jun 90 M$490($364) Menang Corp Sep 29 Jun 90
      518 words
    • 256 22 Oct 17 OMmt PlpdftM he (Ofl). owner of the world's second largest manoe construcboo fleet, is expanding its operations m South-east Asia, West Africa and the liddle East Mppon IM« Co, Japan s leading non-ferrous metal mmer and petroleum, has set up a wholly-owned subsidiary, Nikko Peboleua (Asia)
      256 words
    • 844 22 Cam* Ex Ma Mi Trtaifer TiUhr piprt Mi cbM M>«M» Um par Myw tan 5%TE(n Oct 19 Oct 31 No* 15 5*TE «i 101(b) Jm 4 1m 18 Jan 28 10* 1H MB 2.5% Sap 14 Sep 28 Oct 27 2.5* 2* MB 10* Sap 21 Oct 5
      844 words
    • 542 22 Stag*** Stocks LaatFrii Yaar C m*m MM Ma tar MPS Mh M mmwU M (J gg Lmi Mat Mm M 30 Dk 89 535L(h) Mm Ml Mm A*« II M 91 40 2.1 3w<71(i) m FM Sap 27 tt 90 14.0 3.5TE 4,750 Canta FM Oct 9 M
      542 words
    • 414 22 Men Onrtor-tw MS1.00 par stan. In* o» 40a CmmMtm MaaaM Pratonact Sham of IQ0.10 aack 4 mi par ■«> io« rat MM Qwtor-totr MgJO par J til J M Cap** rafcetm actam to ratact PIT Mm af taw km $1.00 to 10.6ft R*to mm af M 10.60 par
      414 words
    • 602 22 BONDS, LOANS WARRANTS CUM Batora 26/4/93 1 wanaat n j m 2/10m 20/10/9* l J5 m <*■*»« btoreb 87 to 31/12/81 1.56 —will 0m >1J5 art Omm Mf MM 1/8/89 to 29/7/94 1 ■**■< a* Or On M 1/9/17 to 30/7/92 475 warrates ptoi >475 a* or 475 ptoi 475
      602 words
    • 356 22 Company Mgy« Issim WaM Ornai Qr»-tor-ow MJ0.80 par stare Affts asm of $1.00 nonaal amount of St Redeem** Unacared Loo* Stock 1990/1995 Mil mm Transferal* Subscrpbon (gib lor awy two obm Aim Mi MkA«a Books dose Sap 6 Acceptance i Papa<: Od 19 II Mh| Oaafar-two 0 HJ5.00
      356 words
  • Page 22 Advertisements
    • 497 22 NOTICE Neptune ORIENT UNES LIMITED U5520,000,000 Floating Rate Notes Due 1992 in accordance with the provision of the Notes, notice is hereby given that for the six months period from 19 October 1990 to 19 April 1991, the Notes will carry a rate of interest of 8.5 percent per annum
      497 words
    • 386 22 I IN TUB MATTES OF THE COMPANIES ACT, CAP. II AND IN THE MATTES OF CHAN A PONG PTE LTD (IN MEMBEBB' VOLUNTABY WINDING-UP) NOTICE IS HEREBY GIVEN pursuant to Section 306 (1) of the Companies Act, Cap. 50 that a final general meeting of the abovenamed company will be
      386 words
    • 389 22 OFFICIAL NOTICE PSOPOftAL TO CHANGE OF SHIP'S NAME I Shin Yamato Agencies Pte Ltd of No. 4 6 5, Stanley Street, Singapore 0106 hereby give notice that In consequence of Our Principal Purchasing Motor Tanker "HIKARI MARU NO. r I have applied to the Registrar of Singapore Ships, under Section
      389 words
    • 326 22 IN TEE MATTES OP THE COMPANIES ACT, CAP. II AND TECK BEE TEADING PTE LTD I (IN VOLUNTABY LIQUIDATION) r NOTICE OP FINAL f MEETING Notice I* hereby fly en pursuant to Section 308 of the Companies Act, Cap. 90 that a Pinal Meeting of the Members of the r
      326 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3732 23 Bernama SHARE PRICES in Kuala Lumpur closed marginally higher yesterday after drifting aimlessly amidst selective buying and bargain-hunting, mainly by small-timers. The KLSE Composite Index ended 1.5S points higher at 469.44 while the Industrial Index inched up 0.68 of a point to 940.09 after
      Bernama  -  3,732 words
  • Page 23 Advertisements
    • 296 23 TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 A fast growing and progressive service organisation with diverse business interests has vacancy for the pott of GENERAL MANAGER Reporting to the Executive Committee, you will be responsible for maximising the growth potential of the organisation and co-ordinating the functions of several divisions. You should be
      296 words

  • TOKYO STOCK EXCHANGE
    • 2251 24 Reuter TOKYO stocks charted gains for the fourth consecutive day in the heaviest volume in more than five months. A dramatically stronger yen, easing oil prices, higher bond prices and hopes for an easing of tensions in the Middle East all contributed to
      Reuter  -  2,251 words
  • STOCK EXCHANGE OF HONGKONG
    • 2317 24 HONGKONG stocks trickled to a weaker finish yesterday on a general lack of fresh news to stimulate the market, brokers said. The blue-chip Hang Seng Index dropped 8.02 points to end the day at 2,950.52. "Only local punters were moving the market and
      2,317 words

  • REGIONAL STOCK MARKETS
    • Weaker Australian dollar boosts stocks
      • 1044 25 THE LOWER Australian dollar and better performances on offshore markets drove the local share market higher yesterday. "I think the dollar is really driving this market, but we also had gains overnight,** one broker said. He said the higher gold price had also boosted the market and the fall
        1,044 words
      • 617 25 LATE bargain-hunters in the finance sector sent Thai stocks up slightly at the close in thin and directionless trade yesterday, brokers said. The SET Index gained 2.29 points to close at 649.28 in 1.12 billion baht turnover. Advances led declines 67 to 57. Most active were ITF, North East
        617 words
      • 844 25 SEOUL stocks rose for the second day running in active trade as the second round of premiers' talks between North and South Korea ended with promises to meet again in December, brokers said. The composite stock index closed at 667.20, up 12.60 points, with turnover still high at 258.7
        844 words
      • 458 25 PHILIPPINE share prices closed mixed after moving in a narrow range and speculative buying lifted certain oil issues yesterday, brokers said. The Manila Stock Exchange composite index closed at 537.25 points against Wednesday's 540.93. The combined volume on the two bourses rose to 784.86 million shares from 217.93 million
        458 words
      • 380 25 TAIWAN stocks soared to a higher dose on lower oil prices and reports that the government may let bmkrray* invest revolving capital in the market, dealers said. The weighted index gained 123.9 points, or 4.48 per cent, to close at 2,891.11 compared with Wednesday's 2,767.21 finish. Turnover roae to
        380 words
      • 318 25 NEW Zealand shares were sharply higher by the end of morning trade, but brokers doubted the lower NZ dollar was a major influence behind the rise. The local market has undcrperformed over the last few weeks and maybe this attracted some buyers overseas,** Jonathan Tuohey of Doyle Paterson
        318 words
      • 630 25 THE Jakarta stock index tumbled to a ten-month low at 398.56 yesterday from Wednesday's 407.54. Brokers said heavy selling interest sent most prices down sharply. The previous low was 398.77 on January 3, but it crept up to a record high of 681.94 in early ApnL Inco, which dominated
        630 words
      • 401 25 CtaM Prariaui Oct It SYDNEY All Ordimrie* Index 1335.2 1341.7 ->>13.3 All Induttriali Index ***** ***** +29.6 All IUmmpdm Index 116.7 114.6 +11 Turnover (million) 13.97 719S -4-10.99 BANGKOK SET Index 649.21 646.99 -1-129 Turnover (million) 1,012 41.5 +963.5 JAKARTA Composite Index ***** 407.54 4.98 Turnover (nenreat *000) NA NA
        401 words
  • Page 25 Advertisements

  • WORLD STOCK MARKETS
    • Lower oil price helps Dow edge up 6 pts
      • Article, Illustration
        1023 26 OIL CONTINUED to exert a major influence over Wall Street stocks, which alternately ebbed and flowed with fluctuations in the price of crude. While a US$2 drop in November crude near the end of the day spurred blue chip gains, broader concerns about corporate profits, the unfinished US
        1,023 words
      • Article, Illustration
        836 26 LONDON share prices were slightly lower at midday yesterday in thin, trendless trading. A dearth of buyers and sellers kept volume low and the market lacked any news from which to find a direction, traders said. At about 12:15 pm (1115 GMT), the Financial Times-Stock Exchange 100share index was
        836 words
      • 319 26 DUTCH shares drifted slightly higher in extremely thin trading at midsession yesterday, propped up by firmer prices on the Frankfurt stock exchange after opening narrowly mixed, dealers said. By 1200 GMT the CBS Tendency Index was 0.6 points higher at 96.2 ahead of the release of US August merchandise
        319 words
      • 256 26 FRENCH share prkxs stood higher at midday yesterday, with easier oil prices and gains on Tokyo and Wall Street encouraging buying of selective blue stood at 1,625.34 by 1204 GMT, up 9.34 points on last a technical reaction to stronger markets abroad and cheaper oil paces," said one dealer,
        256 words
      • 111 26 PRICES on the Stockholm bourse fell sharply in active early trade on news that the Central Bank would raise its funding or overnight rate from 14 per cent to 17 per cent effective Friday, dealers said. The bourse general index lost almost three per cent during the first half-hour
        111 words
      • 194 26 GERMAN shares ended two per cent higher in relatively thin trading as fears about the Gulf crisis were pushed into the background and investors entered the market to pick up stocks in small quantities. Dealers said news that Iraq had offered to sell oil to any buyer for US$2l
        194 words
      • 297 26 TORONTO stocks rebounded slightly in average trade on Wednesday, boosted by a lower Canadian dollar, higher gold and lower oil prices, analysts said. The drop of the dollar is expected to boost profits in the natural resources industry, they said The composite index rose 13.4 to 3,023.4 on volume
        297 words
      • 372 26 Reuter SWISS shares opened slightly firmer in quiet trading as the steady dose in New York and earlier gains in Tokyo lifted sentiment, dealers said. Lower crude oil prices and slishtly firmer prebourse trading in Frankfurt also had a positive impact. The SMI index of leading shares rose 4.2
        Reuter  -  372 words
      • 526 26 Oct 17 Otm ftmkm NEW YORK Dow Jones 2,317.87 2,341.19 +6.61 NYSE Financial 104.49 105.05 -0.36 SAP 500 298.76. 298.92 -0.16 Turnover (million) 161.3 149.6 -1-11.7 LONDON Financial Times 30 1.600.1 1616.9 I -12.5 FTSE 100 1068.0 2088.8 2 -13.6 Turnover (million) 545.9 381.8 +164.1 jmSTHMM CBS AfrShare 95.6 95.6
        526 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1231 27 FOREX MARKET REPORTS THE US dollar closed sharply lower against the yen in Tokyo on active interbank stop-loss selling and option-re-lated hedge sales, as well as on market speculation that the Gulf crisis may be resolved peacefully through diplomatic negotiations, dealers
      1,231 words
    • 386 27 Cro>t rites Oct it USS SS MS Dm Yen SFrASNZS USI 1.7135 2.6970 1.5105 125.15 0.5101 1.2690 1.2845 1.6598 SS 0.5836 1.5740 0.8815 0.7304 0.2977 0.7406 0.7496 0.9686 MS 0.3708 63.53 0.5601 0.4640 0.1891 0.4705 0.4763 0.6154 Dm 0.6620 1.1344 1.7855 82.85 0.3377 0.8401 0.8504 1.0988 Yen
      386 words
    • 559 27 Interbank rates SI Bid Offer Overnight 6 1/2 6 3/4 1-month 6 5/8 6 3/4 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 mode: 6-5/8 US* Bid Offer 7 days 8 1/8 8 1/4 1 month 8 1/8 8 1/4 2 months 8 1/8 8 1/4
      559 words
    • 580 27 Reuter CENTRAL BANKS in Japan and the United States are sending clear signals about the faltering US dollar it's on its own. Although' the dollar is nearing its all-time low against the yen, both the Bank of Japan (BOJ) and the Federal
      Reuter  -  580 words
    • 1113 27 SIMEX Open High Low Sett Eat Vol Op/Int Vol Dec 90 91.98 9L98 9L95 9L96 4900 ***** 6651 Mar 91 9113 9113 9111 92.12 2800 9569 3104 Jun 91 9110 9110 92.08 9109 440 3615 848 Sep 91 91.96 91.97 91.95 91.95 150 901 406 Dec 91 9I.60B
      1,113 words

  • COMMODITIES
    • 381 28 Reuter THE SOVIET UNION, facing widespread public unrest due to serious food shortages, had a record grain crop this year but tremendous losses occurred during harvesting, government estimates released on Wednesday showed. An official at the State Statistics Committee put the harvest
      Reuter  -  381 words
    • 325 28 AFP THE 12 MINES in Gengold, the gold division of the General Mining Union Corporation (Gencor), posted a 9.5 per cent increase in taxed profits for the third quarter in Johannesburg on Wednesday. Taxed profit came in at 117.9 million rands
      AFP  -  325 words
    • 857 28 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market fell 25 sen to M 516.39 a kg yesterday on selling pressure after opening unchanged. Dealers said the drop was in line with the overnight London Metal Exchange where three-month
      857 words
  • 1282 28 Rubber oo is Mttff* IbUm) ScenU/kg Noon Oil Int I RSS Prompt 154.2VI55.25N 154.00/1 S5.00N Int 1 RSS Nov 90 154.2VI54.7S 154.00/154.50N IM I RSS Dec I53.W153.50 I52.7V153.23N lot 2 RSS OP 149.00/151 OON 149.0tVISI .00N lot 3 RSS OP 1 SON 144.30/146. SON Int 4 RSS OP I
    1,282 words
  • Page 28 Advertisements
    • 787 28 NOTICE NOTICE IS HEREBY GIVEN dai, I, PabbEZuanic of No 202 Upper Eait Cot* Rood, 104-05, Singapore 1545, bave applied far a Retail Liquor Shop licence in respect of premises iMA Latia-Aat Merchants (he) Lid at #1 Colombo Court 104-06, Singapore 0106 and that this application will be head CoartNol.Subordhnie
      787 words
    • 9 28 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 755 29 Ctty Hgt ETA FH* CI0 Ma MMM GA894 0010 SR187 0136 GA890 2225 GA970 2335 Maaaa RJ182 1445 GA890 2225 mmm 0A471 1830 llfculi TK572 1800 TK573 2045 MKmmm GA524 0920 MvM BI421 1105 BMNM ***** 1205 ***** 2030 BI430 2125 ■■■atllll SRI86 1040 QF72 1135
      755 words
    • 693 29 LETTER FROM THE CARIBBEAN jmrjm jmrjmr Jr Jr Jr JF Jr I TURNED on the closed circuit television in my cabin and one of the passengers floated into view. A wedding dress billowed out under her subaqua kit and a fish nuzzled around the
      693 words
    • 149 29 As at 3 urn VMtanliv: Load dollars to oae tuait of fbrdfi cmcjf Currencies Bid Offer Australian dollar 1.3090 1.3390 Canadian dollar 1.4400 1.4700 NZ dollar 1.0130 1.0530 Sterling pound 3.3300 3.3700 US dollar 1.6990 1.7090 Local Mtai to 100 arts dfadpawwqf Austrian schilling 13.60 16.60 Belgian
      149 words
    • 51 29 Duration!* Title Venoe Orgmuer Td Oct 15-20 Stodduin Sweden Stockholm* 8/7491/45 Technical Fair mawan Afl Oct 16-20 Dtta Proceannt Yufodavia Z*rebacta 41/*****6 A Office Equipment Vetesaiam Duration TQc Venae Otfaniaer Til Oct 23-21 International Yufniavia Fain De 21/23.155 Fair for H until* Novi Sad Fahtni Sports and
      51 words
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  • Page 29 Miscellaneous
    • 227 29 5 Save causing embarrassA vote could take such a 14 The good man kptf turn over (4) 24 A name that may well ap--27 To do one's best without a J—— tip is now in vogue (6) 28 Care isn't exercised in this P m B at some convecase (8)
      227 words
    • 204 29 Singapore Outlook: Showers o*tr several areas ia the afternoon. Forecast Max temp.. 33.2 assoc humidity 60% mio temp. 25.5"C assoc humidity 97* rainfall in mm 0.1 rainfall this mth. 3.8 rainy days this mth.... 3 ui.JJ front] forecast Asia-Pacific Hl/Lo* Coal Auckland 19/14 Showen Bangkok 33/25 Showen Beijing..... 24/13 Sunny
      204 words
    • 40 29 /i ve out youfc j^ 1 JJ, ?S J \vfreßes*TKd rve CHft*-£D Noo£ jo 6 T> ft FiGv-ffefc Pjiot p»o icfj o i PiLLTHej VPwrrs "frtfvr mftDc. rae blush. jt* I <cf% [M[ AL_y c »vtw«o rrAMOAHQ ca Lra. wo-mi
      40 words

  • 592 30 Run-up to Malaysian elections MALAYSIAN Deputy Prime Minister Ghafar Baba gave warning yesterday that the traditional political dominance of the country's Malays was threatened by the defection of the Christian-led Parti Bersatu Sabah to the opposition ahead of elections this weekend.. The
    592 words
  • 374 30 The Gulf Crisis Agencies IN ITS latest bid to break out of the economic shell it has been confined to after the invasion of Kuwait on Aug 2, Iraq has offered to sell crude oil at US$2l per barrel In a
    Agencies  -  374 words
  • 250 30 AFP VIETNAM yesterday welcomed the recent United Nations General Assembly resolution on Cambodia as a fresh change from earlier erroneous pronouncements by the world body on the problem. The resolution, adopted on Monday in New York, welcomed recent accords on Cambodia by the five
    AFP  -  250 words
  • 293 30 Reuter JAPAN'S Prime Minister, trying to quash controversy over his Justice Minister's racial slur against American blacks, has sent an apologetic letter to a US civil rights group. Japanese Prime Ministei Toshiki Kaifu sent the letter on Wednesday to the US
    Reuter  -  293 words
  • 243 30 Reuter FUJITSU LTD, in the latest bid to drive a wedge into the computer industry's fastest growing market, yesterday unveiled a "notebook-sized" personal computer (PC) that at 990 grammes is the lightest ever launched on the Japanese market. Just three days earlier, NEC Corp
    Reuter  -  243 words
  • 372 30  -  Open-door policy will continue, says President Yang Fran Yeng Pow Ang in BEUING CHINESE LEADERS have extended an invitation to Prime Minister Lee Kuan Yew to visit China regularly and offer his views when he retires from the premiership. Chinese Premier Li Peng said
    372 words
  • 42 30 Dr Jerome Friedman celebrates with a glaas of champagne at a conference ia Texas after being awarded the Nabel Prize for physics together with two other sdeatists oa Wednesday. The award was for their work oa stearic strnctere.
    42 words
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  • Shipping Times
    • 452 31  -  Selva Kumar WHILE the Gulf crisis is threatening a worldwide recession, it has led to a boom in the offshore oil riming industry, triggering off sharp increases in demand for offshore supply and support vessels. Shipbroking sources said charter rates for offshore
      452 words
    • 273 31 AFP FRENCH aeronautics giant Societe Nationale d'Etude et de Construction de Moteurs d'Aviation (Snecma) wants to forge overseas links and lift its international profile, its top executive said. Louis Gallois, Snecma's chairman and managing director, said on Wednesday that the company, the world's fourth
      AFP  -  273 words
    • 421 31 NYT AFP THE largest international telephone companies in the United States and Japan announced on Wednesday plans to link the two countries in 1996 with a highcapacity undersea cable of radically new design. American Telephone Telegraph Co and Kokusai Denshin
      NYT; AFP  -  421 words
    • 399 31 BANGKOK Airport Fuel Services (BAFS) is likely to join international oil firms in investing in the Petroleum Authority of Thailand (PTT) multiple pipeline project, according to a BAFS board member. A Bangkok Post article on Wednesday quoted the board member as
      399 words
    • 355 31  -  By Othaman Abu Bakar PELANGI AIR, Malaysia's second domestic and regional airline, is looking at more regional destinations to improve its long-term ityGeneral manager Captain Ismail Abu Bakar said these new destinations, in addition to Sdetar in Singapore and Pekan Baru in Indonesia,
      355 words
    • 339 31 THAILAND'S Transport and Communications Ministry is opposing a plan by the Asia North America Eastbound Rate Agreement (Anera) to introduce an additional surcharge on shippers as the country is already faced with economic problems due to rising oil prices. According to The Nation, deputy permanent secretary
      339 words
    • NEWS SUMMARY
      • 89 31 TRADING in the shares and warrants of Orient Overseas (Holdings) Ltd were suspended at the company's request from yesterday's opening, the Hong Kong Stock Exchange said. Suspension will remain pelting an announcement on details of the disposal of its 6 5-per-cent-owned subsidiary Furaeu Withy and
        89 words
      • 35 31 FACED with falling tanker rates and soaring oil prices, tanker owners ue looking at a gloomy future. The situation is expected to worsen as the Gulf crisis continues. ftps 2
        35 words
      • 36 31 THE governor of Hoogkoog, Sir David Wilson, on Wednesday urged French construct** companies to participate projects for the poet and afaas* WW— —S port in Hongkong Back ng
        36 words
      • 37 31 MCI Communications Corp has posted a huge third-quarter lots because of a one-time charge against earnings, while three of the seven Bel regkmais reported <unmll changes in sales and earnings. Back Page
        37 words
    • LOG BOOK
      • 82 32 NORWEGIAN engineering and offshore firm Kvaerner A/S predicted that it could complete talks with Polish authorities on buying a 50 per cent stake in Poland's state-owned Kumuna Paryskkj Gdynia shipyard in two weeks. Kvaerner has been negotiating a stake in the yard,
        82 words
      • 81 32 GREECE will sell its second biggest shipyard within the next eight months after writing off 23 billion drachma {US$l53 million) of debts to attract buyers. Michalis Vranopoulos, governor of state-controlled Commercial Bank of Greece, which owns Elefsis Shipyards, said the bank also proposed that
        81 words
      • 83 32 AIR CANADA'S load factor, the ratio of passengers carried to available seats, rose to 76.2 per cent last month from 73.4 per cent in September 1989. The carrier said it flew i."t' per cent more revenue passenger miles (RPMs) in September than in the
        83 words
      • 82 32 BRITISH AIRWAYS pic is ending service between London and San Diego, California, because the route has become uneconomical due to rising fuel costs and general economic traditions. "It's largely a result of current economic conditibns and rising fuel costs," BA spokesman John Lampl said.
        82 words
      • 109 32 BRITAIN'S VSEL shipbuilding consortium is putting up for sale its Cammell Laird military shipyard at Birkenhead in the north of England, and will close the facility in 1992 i3f no buyer is found, the company said. Cammell Laird, which built 97 surface warships and
        109 words
      • 68 32 B&H Maritime Carriers Ltd expects to pay a special dividend of US$2 per share related to insurance proceeds collected after its M/T LI VI product tanker was declared a total loss by the vessel's insurance underwriters. The company said a balance of US$6.7 million to
        68 words
    • 862 32  -  Faced with falling tanker rates and soaring oil prices, tanker owners are looking at a gloomy future. Vera Eckert reports on their plight, which is expected to worsen as the Gulf crisis continues Vera Eckert Reuter OIL TANKER owners, already hit by falling tanker
      Reuter  -  862 words
    • 152 32 THE SINGAPORE Trade and Distribution Ceatre in Rotterdam la taking shape. Piling work on the facility, a tie-up between the Singapore Chinese Chamber of Commerce and Industry and warehousing and distribution firm McGregor Cory Cargo Services of Rotterdam, started at the end of last mouth.
      152 words
    • 527 32 Otf 15 MiH Mi NMMm SOAMI M/M Exxon *6/11*3* V/V M/M M/M PPM netted BO/Cknc Mb Spec £25 MH O 15.0 0.10 30* 0.10* Spec 635 9911.0 110 0-15 30* 0.10* 180 Am 9830 2 13.3 0.04 7 0.02 180 Max 9922.8 18.5 0.18 25 0.10
      527 words
    • 11898 40 This is a list of ships loading at Singapore for ports around the worid. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      11,898 words
    • SHIPS IN PORT
      • 550 47 Mad if* kiM Itopartwa tmjm Hook 1203W CIO tomato 18.10/2300 (Mm 1/90 (P) K3S tonpxto 2110/2100 Ma Mdi im K32 atonpato 21.10/2300 Mi Map* E-870 K33 itonpato 24.10/0600 Mmaa 0S3 K31 atoms* 18.10/1800 Pyr»H* 209 K30 *i«ak 19.10/1500 III It 8W K34 akxipato 19.10/0600 Spaa Star 2/90
        550 words
      • 1076 47 HECBWM6 Of EXPORT Fa COWTMHOS *HO US.CABCO Hoard Boofchi/BUonct Mb 9* Vvy No Ett/Btr Mod Fran To Fran N Stamah 74 20/0700 1 11/1500 18/1659 18/1900 3 19/0700 19/1159 19/1400 Arnold Mi 9017 21/1000 1 18/1500 18/1669 18/1900 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1700 B MtM
        1,076 words
      • 407 47 HtifOmg Berth at Smli Pert an Oct II: 1: Victoria Cob; 3: Swee Am Sato, Mutia Hayu; 4: Cheung Hing; 6: Dong Xu Yen; 7: Hang Lee 4; Ik Swee Long Satu. KCT: 8: Bunga Malati; 9: Maersk Tauro; 10: St Lous. Itarth Nrt 11: f Xing;
        407 words
    • 821 47 THE DRY cargo freight market on Wednesday saw few new fixtures but interest in grain and time-chartering to the Far East continued to give support, brokers said. The Baltic Freight Index (BFI) rose 11 points to 1,247. Tne US Gulf/Japan subindex route increased to 22.96 from 22.75 on
      821 words
    • 410 48 AFP THE governor of Hongkong, Sir David Wilson, on Wednesday urged French construction companies to participate in projects for the port and new airport in Hongkong. Addressing the FranceHongkong Business Association, he said: "It is up to you to fight to seize
      AFP  -  410 words
    • 184 48 NYT MCI Communications Corp has posted a large third-quar-ter loss because of a one-time charge against earnings, while three of the seven Bell regionals reported small changes in sales and earnings. The revenues of MCI, America's second-largest long-distance carrier after American Telephone and Telegraph
      NYT  -  184 words
    • 329 48 Reuter US AIRLINES may lose more than US$l billion in the fourth quarter of the year due to surging fuel prices and a weakening economy, making it the worst period ever for the airlines, an industry group said on Wednesday. "Airlines
      Reuter  -  329 words
    • 262 48 Reuter A PORT workers' pay strike continued at the key ports of Santos and Vitoria with no solution in sight, but traders said the nine-day-old strike has not seriously hurt exports yet. The port workers at Santos voted on Wednesday to continue their
      Reuter  -  262 words
  • Page 31 Advertisements
    • 96 31 HMB MM KTN. M m m 11 twk Hit i*. tmx imct m mrt imcw. TEL: Ml MM (MM4 TWfUHi tm CtflMW Mfe4 J|^g| WniHmNNMOWTniIMMMHQUMITV MMMM .T CMtMrSd** 17 Mrfetfto u MBtoMwtam 3 a**** IUI Stan tat 17 si pi in raw t7 total** i Air Courier Dogfight fGlober A
      96 words

  • Page 32 Advertisements
    • 103 32 NOTICE #04-08 Building N[ H v v j v ScalpeLscissors._sutures._ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well Informed to maximise returns on Essential information accessible every business day your money. lhrough Business Times. •J"
      103 words
    • 9 32 Managers Must Manage BT shows you how every Monday.
      9 words

  • Page 33 Advertisements
    • 1940 33 iARDINE SMIPHNC AfltfiSl^^^ \wllf# 200 CantoMntnt Rom #12 05 Souttipo.nt. Support 0201 TV *****11 TELEX NO RS ***** -•IfCXßlli termwal/cfs t«i ***** 220 LwJ SO. BHD POT KELAN® TEL 36*4111 TELEX Na MA*****/MA3970: SSmS TEI (***** TELEX NO 8A***** CFS TEL 349» BMIIILa iffm? iniißim IMPORT EXPORT Immjwma Ilh Icna
      1,940 words
    • 1132 33 MDEX TOMVERTISDg Pa«e Col P*r Cai ABC Coouineriine 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoiine 18 2/3 Ahrenkid Liner 16 2 Madju Sdn Bhd 16 1/2 Aibatros Sea-Air 14 3 Maenk Line 3 4/5 Alfred C Toepfer 15 5 Mainfrcifht 15 4 •APL 5 3 sMISC
      1,132 words
    • 1928 33 m i I .1 Vmm< Voy ETA ETO 'Port "Pwiang K slang DESTINATIONS jg? <aMk Lara M 1010 'iiihi ti." CY 23/10 Mts M Farao a CW —g/'O 2Mi HWS M Tauro OAK LOe HOU MEM ATL MIA CHS BAL PML MVC MOM roa LARS M 23/10 24/10 18/10 20/10
      1,928 words

  • Page 34 Advertisements
    • 1125 34 ROTTEROAM/ VOY NO S PORE P. KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KURAMA 07/528 21/10 7/11 a/11 11/11 12/11 14/11 OSAKA BAY 98/527 26/10 19/11 13/11 15/11 12/11 19/11 HONQ KONG EXPRESS 97/531 2S/10 14/11 17/11 19/11 MONTE ROSA 01/530 VII 26/11 20/11 22/11 19/11 26/11 T OCA OA
      1,125 words
    • 538 34 DIRECT SOUTH PACIFIC SERVICC SIN NOU SUV PPT SEASPAC II 28/10 8/11 >10/11 15/11 ALSO ACCEPTINC CARCO VIA SUVA TO: LAUTOKA, PAGO PAOO, APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC II 28/10 29/11 30/11 2/12 I Alm KcapUnc Cargo to CilUo (Ptru) «U Vilpa Agents: SINGAPORE: MNH
      538 words
    • 1316 34 1 B3 WIIWB MW ■MB REGULAR INOEPENOENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL Fa ROT ANT NAM BRE UtA (VIA (VIA (VU MA ROT) NMQ N. SHARJAH 9033-3 23/10 11/U 14/11 19/11 21/11 24/11 23/11 23/11 M/ll N MUBARAK 9034-3 31 10 20 11 23/11 Shi
      1,316 words

  • Page 35 Advertisements
    • 1652 35 S— Steamers Maritime Holdings Ltd tijz? P&O I BTMstraits shipping! Containers ACCtm DUE SAILS No FMU«| S'p«a S 'on M"hyr| OTilvan R"d«i U» (OWLOONBAY 17« M NOX-IMO I*lo 14/11 o*ll Wll o*ll 13/11 iurama ajrta HOX-li/lO 71/10 B/ll 11/11 •IWTAMC SERIA VUt Bint Mlft. KB Ddily In Pt 20 Oct
      1,652 words
    • 1683 35 TO: EMRQPE TO: FAR EAST SP LH ROM HAM B'HVN FLX SPORE HK KAO KOR BU CHCYANC SUCCESS Oil* 21/ M *11 *11 I*ll 12/11 13/11 CHOYANC CHANCE 04X 23/10 21/10 27/11 31/10 2/11 HANJIN HAMBURG 003W 27/10 14/11 IS/11 11/11 11/11 11/11 HAH JIN LEHAVRE 00SE 21/10 1/11 201
      1,683 words
    • 385 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS J VESSEL ASIAN COSMC MURIER EAST STAR CHALLENGER RAINBOW P VOY NO 115 1 2 U Sport 24/10 24/10 2*lo 25/10 P lUtam 21/10 28/10 22/10 Chrttagonf VU f Calcutta 4/11 YokohMM U|U H|U >1 Ntnri 15/11 11/11 OtaU U ni
      385 words

  • Page 36 Advertisements
    • 663 36 CR Nan 11******000-0 EWKSS SEMI-CINTAJNEISNIP SERVICE TIiWWK jfV.VOT rni ROAM/AOAM H'MJK MOKN AAm*P teIMATAdIM tt-um iqu a/u an mu maiwT ts-iyu an an m m I i*. J*. 1" FAST TRANSIT TIME J ACCEPTING BREAKBULK/CONTAMERMED CARGO I* to Mumnl Afco accapftig cargo to CaaaMßnca, fort Said, Port Ataaandrla, Qanoa, Triaata.
      663 words
    • 688 36 /wSHANJIN HOPPING 11 FULL CONTAINER SERVICE S'aaro LaHavrt R'Oan NW| B'havm FaMwa FEEOER VSL MR UNE HAUL lAX OAK CHOYANG SUCCESS OIW 2VM 1/11 *11 M/ll 12/11 IVII CMOYANC CHANCE ME 22! 2" IS 2^ HANJIN HAMBURG OOBW 21/10 15/11 10/11 17/11 I*ll 20/11 HARJIN U HAVRE OOM 30/10 H.
      688 words
    • 1142 36 iyj I| isstzs ss x%xssxjsjmshss ss $j as %as s I ISSSfVi? «MffiMffi^MffiffiffiBi".S.J!s ALSO ACCEPTING CARGO TO: I 1) JJ»OviW<Kt MCTM HNLAfICLMIA, MWram. MCOONWUf. I) TORRHTC WHTW 2) ATUUfTA. CMCAOO. KTWMT, COURMUt OTMB MAJOR OCSTMATWM I in«Vltii [t mIJ JMSIIISiWIIKi ?11 sii I VESSEL SGPHtGFU MM ANN LNV NYC NFK
      1,142 words

  • Page 37 Advertisements
    • 1655 37 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) S: BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPUNE SON BHD MALAYSIA K.t (03) *****33, P.Kelang-(03) *****87,
      1,655 words
    • 1124 37 m sinsov I 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 DISCmiICIIW r»OK EAST»OUIID I ioadihc ro« wtsT«oui<o ~if I lAlm W" *H*M M IMAMUIHKOM WT*5 MM KUM MUM niAKS TUMT
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  • Page 38 Advertisements
    • 1502 38 If" SKline 1 «f KAWASAKI RISEN KAISHA, LTD. f EXPORT N. AMKMCA PACIFIC SOUTH-WEST IMPORT N. AMTOCA PACIFIC SOUTH-WEST FtEMi mm »r *tnoo -nurm Imp mother vessel nru om cm mrc 111 nnu vesso. wr nous u oak tky feeder vessel vov vki QUEEN'S WAY BRIOGE I 17,10 lilt 2010
      1,502 words
    • 1076 38 PHIU-ORI€NT UN€S PT€ LTD iVVP 106 ROBINSON ROAD 607-00 QMQ BUILDING SINGAPORE 0106 TEL: *****22/*****60/*****00 TELEX: RS ***** PHNJ FAX: *****76/*****36 BY AIR, LAND OR SEA Sfcajgr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 20 OCT MONTREAL Ottawa, toronto, 21 OCT DUBAI, DAMMAN, SHARJAH,
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  • Page 39 Advertisements
    • 1459 39 PACIFIC INTERNATIONAL LINES (PTE) LTD FTTTTTTTM Hi PR- BuMdinQ, 140 Cecil Street KttOO, Singapore 0106. i vMKAWT* 1 I Bangkok ~1 VESSEL VOV SM JKT MN VESSEL VOV SIN IKK SM 177S 21/10 28/10 2S/10 PEGASUS PROGRESS 838N 20/10 23/10 27/10 KOTA PAMJANG OMB 22/10 34/10 KOTA RIA 14M 21/10
      1,459 words
    • 1050 39 'jf BEN LINE CONTAINERS LTD > 2CX) Cantonment Road Tel: *****22 #13-05 Southpoint til Fax: *****63 Singapore 0208. Telex: RS ***** hhhhBHHBBI VESSEL |VOY SPORE PKLAWG S 1 HAMPTON HAMBURG B'HAVEW ffDAM fHAVre Kowloon Bay 97/524 In Pt 12/11 6/11 8/11 5/11 11/11 Kurama+ 07/528 21/10 Via Ho* 7/11 10/11
      1,050 words
    • 59 39 o •I OteOooAl Caxriar of Jordaa) JORDAN FAR EAST LINE S. A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vtwd/Vov S'POWE BKK TC. MANI ISKAN FOR Hod«dah, PIVA 1/11 5/11 19/11 23/11 JEDOAH, JFOODW I T AQABA LOAD FM E. M'SIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT. General Agents.' BEN LINE
      59 words
    • 303 39 M MYANMA FIVE STAR UNE (Myanmar NatioMl Una) Loading for Yangoa (Ranfoon) Sport P.Kif Pwi P.Qd| PATHEIN VIO6W SM to PI HPA-AN Vlss* In Pt PAGAN VI62W 11/20 OCT MYOMAYWA VI3OW a/27 Oct K 1 <3* THE BANK LINE (A WfYtc* oI Andfw W*r I hipping) Vr SCMI-CONTAINER URVICI W
      303 words



  • Page 42 Advertisements
    • 764 42 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND Sill FU m m MT MK RST TMUERINttNI/M 24/ M 17/U UfU II|U HU 3/U PANAMA SEN NTM 3*lo 22/11 23/11 2*ll 2*ll 21/11 EUROPEAN SEN NFOSO U|U l|U W W N|U IW ASIAN SEN WP4S2 9|U S|U !I|U 2«U
      764 words
    • 1127 42 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 MM WfH We FAR EAST PORT KELANG 20/10 3/11 MANILA 20/10A27/10 PENANG 20/10 A 3/11 BUSAN 20/10 A 30/10 BANGKOK 20/10 A 24/10 TOKYO 2VIOA 1/11 HONGKONG 23/10 A 27/10 YOKOHAMA 2S/10A 1/11 KAOHSIUNG 21/10 A 28/10 KOBE 28/10 A 1/11 KEELUNG 21/10
      1,127 words
    • 300 42 hbbhhhh LOAO4HC FOK vtisti spore cao DM raires wnoco no m kit mom noshkui *n ivuaru- w- on VMB 1 OISCHARCINC FB UAIIL QUIT srattl ml m hi busan vok mo km ■OSTKMI vu *U I*ll IVll l*U 21/11 2*ll mi VJBBJ Regular BBulk and Container Service Direct to Turiwy,
      300 words
    • 1133 42 t S il t fe-: CHINA OCEAN SHIPPING COMPANY 1 MpT* FULL CONTAINER LINER SERVICE ""*«?Scour C» HO: tIWWMm CAeuTcoKSu* General Agents: COWAI HltfHWO PTE LTD vtssa.voT scp ax hot KAa ant d»e vesscl/voy ai wt hw *«t dkk m qiu mm u« wi wu au au u/u ah kpe
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    • 711 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA All IPI Destas 20/10, 27/10 I EUROPE all Porta 20/10, 27/10 j BANGKOK 20/10, 24/10 HONGKONG/CHINA 23/10, 28/10 SYD, MEL, ADEL, BRIS 24/10, 29/10 FREMANTLE 22/10, 27/10 I MANILA 2S/10, 26/10 i PKLG/PENANG 25/10, 31/10 Fart Katang Branch
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    • 243 43 gIICOFIELD MMINE MEDCIEt |S) PT£ LTS TEL: *****33 (12 Unaa) FAX: *****15/*****03 TELEX: R8 ***** RISHIP (3 Unaa) Ih>~Y ETHMNW SffIPPWW UNB r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL '*****1 VOY ETA IIOAMNQ FOS 9PON9 NET9ANET 20W9 Sii OAW999ALMM. MOM9Q9A. OJMOUT) ASSA9 MA3SAWA A9VOT OM 29/11 DAKSSALAAM MOMBASA
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    • 780 43 MASKAPAI PELAYARAN PapULAU LAUT fully coHik\nt*\ttb KMhm tttbtk tfWtt TWICE-WEEKLY/IEEKLY FIXED- DAY SCHEDULE BETWEEN THE POUTS OfS'PORE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL *****55 OKUNOZE 99S 21 AO 24/10 25/10 28/10 PUL BAHAGIA 04S 23/10 17/10
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    • 530 43 BANGKOK CEBU/MAHILA 1 I vWT 1 4MWA liW mil M HC KIT! RMM 42S IM6 24/ M Mffl MrtHA NNUMR 9N S— 21/ M MM N/M SO. ONIENT 4M M/M 1/11 yu JENLMK MM 24/ M SM Z7/1I WTI NNUM 66S 2/11 Tfll *11 <UII I*L- MfM SO. ONIENT 4M
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    • 296 43 TO AUSTRALIA/HEW ZEALAND Tmmv m» w» iflii IB "in m mam mi TC isu up Si mT mmmm ~w hoi Si m "35 «u c nsaum 5Ju w IE ic 1«b 1* PAT» TO ITPWKTI TO USA/CANADA TmmTm m» 55 W iw m bo m m *5 ma m m
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  • Page 44 Advertisements
    • 1424 44 WA MAC-NELS MWMKI ami til mutt] m Ttb nitm fHwAkfli PENANG TEL (04) *****6 IKK TEL: (068) *****01TAWAU TEL: (069) *****9 I I P KELANG TEL: (03) *****77 IKUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 tjyy V£J J- BAHRU TEL: (07) *****2 Isieu TEL: (064) *****2 LABUAN TEL: (087)
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    • 1117 44 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 j CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNES) i SINGAPORE TO WEBT MALAYSIA I SINGAPORE TO BABAH j \m 1 eta Isar una m lETA |«T KIM SOON LI 41/90E 22
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  • Page 45 Advertisements
    • 602 45 PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM ILb* 4 OTHER PERUVIAN PORTS* AT KOBE ON CPV THROUGH BILL OF LADING. P«nM|* P. K«Unf Stnppoft KAMAL EVERETT 8/M Oct THO4OASEVERETT 01/03 Nov W/05 No* KARABI EVERETT 11/13 Nov 14/15 Nov fA "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
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    • 561 45 fJSS™. iiT iTSST BKK SB MOAT Un/M »TOKYO Du *U l*U i*u WU IN TRIESTE UK U/ll Mi MM lju I*U fflll WU *U IMKOfEI UE Nfll DM SAVANNAH W (I HI «l Accaptina civ to Mm* USA OmMmUwi. CiiiOim. Eml Ontl MW. **********. Hilnm. Ante. Mte ZZ2* ZIM AUSTRALIA
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    • 569 45 SING KWANG HANGI mmmm a iwrnrwin irra) ltd WEEKLY LCL/FCI SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 23/10 27/10 JENWEL 25/10 26/10 VESSEL S PORE BANGKOK A VESSEL 24/10 27/10 A VESSEL T 29/10 DESTINATIONS ETA SINGAPORE PORT KELANG 28 OCT MANILA 27 OCT HONG KONG, ALL CHINA PORTS 27 OCT
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    • 512 45 ITS PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 968 20/10 23/10 PHASETIA 113 A 24/10 27/10 PELOPOR 959 27/10 30/10 PRASE TIA 11SA 31/10 03/11 TANTO UTAMA 115 26/10 29/10 TANTO UTAMA 117 03/11 08/11 TANTO UTAMA 119 10/11 13/11
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    • 411 45 m HUM 21/10 KEELUNG/KAOHSIUNG 21/10 BANGKOK «26/10 MANILA/CEBU > 20/10 JAKARTA/BELAWAN/SURABAYA 26/10 PORT KELANG/PENANG/L Malaysia 22/10 BUSAN 22/10 TOKYO/YOKO/KOBE/NGO/OSA 23/10 HONG KONG also accepting carfo to Huanspu/Shenzhen/Fuzhou/ Xiamen/Aingang/Shanghai gfxo SVP/SOU 1 20/10 RDM/HAM/ANT/LE HAVRE/GENOA also accaptmg caryo to Austria/ Hunpry/Roumnia/Poland/Bulpria/Czach. M| MM|^| 20/10 LOS ANGELES/NEW YORK aN ipi points 22/10
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  • Page 46 Advertisements
    • 551 46 CB SHIPPING MARINE SERVICES north QUEENSLANO/PAPUA NEW GUINEA SERVICES CONTAMBI/LCI/BREAK BULK SERVICE "ANKE" SERVICE SK fOM MSWA LA£ TVIUI vuss iwwo v» jni m 3*}j V.I9SS 23-Nfll «A 2 VU VU *13/12 T/SWf J«*" b l« «ll *12 i—Wwl>. BUNKER SURCHARGE EFFECTIVE VIBSB TEU U5056.00 B/BULK USD 140 LCL USO
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    • 885 46 wrwmmfmm SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICNEVSK MERSM TRIESTE KM. V.lB-90W 22/10/90 16/11/90 7/11/90 12/11/90 K.V.T. V.20CW90 *****/90 14/11/90 15/11/90 20/11/90 SG. V.19-90W 2/11/90 27/11/90 17/11/90 22/11/90 B.A. V2ICW9O 7/11/90 27/11/90 29/11/90 3/12/90 A.N. V2O-90W 18/11/90 12/12/90 2/12/90 7/12/90 ALSO ACCEPTING CAAQO FOR MILANO LABPEZIA.
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    • 466 46 OcerdService /S r LCL/FCL SERVICE TO/FROM o# Mra< AfW: AjO KL: AU.ittH.mK SINGAPORE: /?H^\ Wo*-*****2 03-*****55 778 6522(22 linesi SEES) XT Marina Oaf Suun N«/Cariallna CWaw .DaMy KHfpart/laMar Vap xUt' > I \\AHII W TTxRS ***** NEOSHIP Fax: *****60 N^Bfct x Tot: *****29 (6 Lint) A. VSL I OCT CMITTAGONG/C
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    • 231 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC mm 23/10 VIGOUR PACIFIC 20HB 3/11 BANGKOK 21/10 28/10 BUSAN 22/10 2*lo HONGKONG 22/10 27/10 DURBAN 2S/10 15/11 KEELUN6 21/10 21/10 FT. LOUIS 25/10 15/11 PT. KELANG 28/10 2/11 KOBE 22/10 28/10 PIRAEUS 21/10 29/10 OSAKA 23/10 30/10 JAKARTA 23/10 26/10 SURABAYA 23/10 27/10
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  • Page 47 Miscellaneous
    • 543 47 TIDES AND WEATHER TODAY'S TOES (height in metres) mom mm tin ma ssm mm mm mm i7m mm mm ion um 12M ijm mm ism mm itm mm ism zsm 21N im zm JR 2.1 2.5 2.0 1.4 1.0 07 0.7 09 1.4 2.1 17 10 19 2J 10 L
      543 words

  • Page 48 Advertisements
    • 276 48 CHARTPOINTI Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 12/90 29/09 25/10 SPRING STAR 09/90 12/10 31/10 I For Enquiries Call CALVIN HO/DANY LAU l V/JJ 1 TEL *****66 FAX: *****10 \J[Jy TLX RS ***** HHSHPG PEUYA,AN SAMUORA AGUNG JUALA SIAK IV 22/10 BATU AMPAR/SEKU PANG/BAT
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    • 712 48 ▲HYUNDAI MERCHANT MARIE CO. LTD. EASTBOUNO TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI INNOVATOR 36E 20/10 25/10 12/11 14/11 17/11 16/11 LALARDIA 30W 11/0) 21/00 24/01 12/ M 21A0 HYUNDAI EXPLORER 35E 25/10 1/11
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    • 423 48 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) Irroti ifTM itium .shaver i*dmi len W"*!* sar-' as x js x t gas- ;r.tar OSAKA BAY Of* UfU I*U I*ll UU Mfll MaRUB I|hßH MEDITERRANEAN (MED CLUB)* JEDDAH Wrl (M Tnati JJ* J® «1 701 HI M|U l|U KURAMA WW WM
      423 words