The Business Times, 22 October 1990

Total Pages: 44
1 44 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Monday October 22 1990 75*
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  • NEWS SUMMARY
    • 54 1 MYANMAR's military government has given local commanders martial law powers to act against Buddhist monks leading a boycott against the army, state radio said yesterday. The decree followed an order on Saturday banning all Buddhist organisations which refused to provide religious services to
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    • 65 1 US BUDGET negotiators are weighing a hefty surtax on peoole with incomes over US$3OO,OOO a year, which aides say will almost certainly be part of any deficit-reduction tax Bill. Over the weekend, tax writers from the House and Senate met White House budget director Richard Darman and
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    • 26 1 A MAJOR machine tools manufacturer is expanding in the region with the setting up of a development centre in Singapore Page 2
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    • 27 1 MORE VISITORS and the successful awarding of three land leases have helped boost the Sentosa Development Corporation's surplus by 55 percent. Page 2
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    • 24 1 JAPAN*s trade surplus with the newly industrialising economies of South Korea, Taiwan, Hongkong and Singapore is continuing to widen Page 8
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    • 18 1 EC MINISTERS' talks on farm subsidies have failed for the third time Page 10
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    • 21 1 THE WORLD'S financial futures markets are poised for a revolution, thanks to a screen-based electronic dealing system. Page 12
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    • 15 1 COMPANIES are examining survival strategies for the recession years ahead Page 13
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    • 26 1 PIANIST Barry Snyder proved to be a competent pianist with a firm, no-nonsense-type style and fingering at an SSO concert lak Friday. Page IS
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    • 23 1 THE CONCEPT of an Asian air bloc to counter the EC is gaining momentum. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 30 1 HOTEL Marco Polo expects a payback period of 11 years for its $600-million complex, Lane Crawford Place, which is scheduled for completion in 1993 Page 3
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    • 30 1 KUMPULAN Guthrie and SI per cent subsidiary Highlands and Lowlands have announced restructuring plans that will effectively streamline their massive property and plantation interests Page 3
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    • 22 1 SINGAPORE venture capitalists are likely to benefit from the current economic slowdown caused by higher oil prices. Page 3
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    • 19 1 HONGKONG-BASED First Pacific Company plans to build up its communications business in Asia. Page 4
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    • 24 1 FRANCE'S stock market regulatory agency has begun an investigation of trading in the shares of Michelin, the world's largest tyremaker. Page 6
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    • 31 1 THE US Federal Reserve will keep a tight rein on interest rates until Congress and the White House hammer out a mutually acceptable budget agreement Page 7
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    • Article, Illustration
      26 1 FHriay Chute BT-MGA 561.31 +13.36 Kuata Lumpur ...476.79 7.35 Hongkong 2,991.95 +41.43 Tokyo' 24,411.49 +114.41 Sydney 1.368.6 +13.4 New York +68.07 London 2,089.0 +6.4
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    • 17 1 USS SSI.7063 Yen SS 1.3614 MS SS0.6330 Money ntrlut rates Overnight 6-13/16% +3/16 3-montn 6-9/16 unch
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    • 34 1 Lm4M Mi PM fix US$372.00 US$4.15 ?po5?Nov 155.00Vkg +1.00 Kfsia Nov.... 237.50Vkg +0.50 KL Th Turnover 35 tonnes -I Spot M$16.17/kg -22 Cradt pain 4 Turnover 557 lots -103 Nov M$68l /tonne -2
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  • 374 1 MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad's ruling coalition was ahead of an opposition alliance in first results of parliamentary elections, election officials said. At midnight yesterday, Dr Mahathir's ruling 10-member National Front coalition had won 29 Parliamentary seats out of 53 results
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  • 383 1  -  By Amy Batan A CONSORTIUM of Asian investors led by Singaporean KK Kuah has bought over the Webforge group, Australia's largest steel grating manufacturer, for Ss4s million. Founded in Perth some 15 years ago, Webforge was a division of the Australianlisted Metro Industries group.
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  • 450 1  -  By Genevieve Cue THE PRICE of warrants for ozone-depleting chemicals, or chlorofluorocarbons (CFCs), has plunged to an all-time low and is likely to remain low over the next year. Last month's round of bidding saw the floor price being set at
    450 words
  • 452 1  -  FIW Yong Pow Ang in BEUING THE CHINESE are prepared to set up a joint committee with the Singapore government to promote bilateral trade and investment as well as third-country investment, says Mr Li Lanqing, ViceMinister of China's Ministry of Foreign Economic
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  • 173 1 Reuter WITH the Philippine economy in crisis from a burgeoning deficit rising oil prices and labour unrest, President Corazon Aquino has called a meeting of the National Security Council for only the second time in her administration. The meeting of the country's highest policy-making body
    Reuter  -  173 words
  • 341 1  -  ■y Lilian Ang HOUSEHOLD and industrial consumers can expect to pay about 30 per cent more for electricity for the next three months because of the sharp rise in fuel costs. The Public Utilities Board's revised tariffs, to be announced soon, are
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  • Page 1 Advertisements
    • 241 1 `?&-@""/<*+[.`'$]>\_`<%,.;>-;][ Arcnft Schedule 25 Market Reviews 20 World News 10,11 Ike Arts 15,17 Money Change* Rates 25 World Stock Markets 22 Commodftes 24 Money Market 23 For market nices. editor*. Cryptic Crossword 25 Regional News 8 adverting and arculation a Enterprise t Mgt 13 SES 18. 19 tensnns. cal Busmess
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    • 181 1 f^TERLINCh I HOME FURNISHINGS! The look of success, #03/319-323 Maiim Square. 6 Riffles Bootevwd, Singapore 0103 Tet *****661 j; Earlier report, Pg 8 China seeks local partners, Back Pg w l' By, n gwr^^H JAL knows how important a Ergonomicaßv designed to. relaxing flight is if you want to cradle
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  • HOME NEWS
    • NEWS ROUNDUP
      • 42 2 JAKARTA will host its first Stock Exchange Fair this week. Endorsed by Indonesia's Capital Market Executive Agency under the Ministry of Finance (or Bapepam), "Investment Indonesia Strategies and Opportunities" will be held from Wednesday to Sunday.
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      • 51 2 THE 7th Airport Management Course conducted by the Civil Aviation Training Centre begins today for 30 participants from 17 countries. The training centre, run by the Civil Aviation Authority of Singapore, acts as a regional aviation training centre. It has trained nearly 6,000 aviation professionals from 64
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      • 117 2 CAR QUOTA premiums have fallen by as much as $9,000 in the latest tender exercise. The sharpest drop is in the 1,601 cc to 2,000 cc category, where the premiums are now $1,120 against $10,400 last month. The only rise is for motorcycles, up from $80
        117 words
      • 81 2 STREAMING of primary school students may start at Primary 4 in 1992, the Minister for Education announced on Saturday after a Schools' Council Meeting. At present, streaming begins at Primary 3. The proposal aims to assess pupils' academic ability more reliably, using Primary 3
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      • 57 2 MALAY-MUSLIM professionals will decide on the government's idea of a new self-help body, Mendaki Swasta or "private sector Mendaki", after gathering feedback from the community. This was announced last Saturday by the protein committee of the proposed Association of Singapore Malay/Muslim Professionals, a body formed following
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      • 49 2 THE BOARD of Commissioners of Currency will issue its 1990 Sterling Proof Coin Set and the 1990 Uncirculated Coin Set on October 30. Each set comprises six coins in denominations of one cent, five cents, 10 cents, 20 cents, 50 cents and $1:
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      • 41 2 SIR ARTHUR'S BRIDGE, linking the re-aligned Geylang Road to Kallang Road, will be opened to traffic on Saturday. The upgraded bridge will be opened by the Member of Parliament for Jalan Besar GRC, Peh Chin Hua.
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    • 333 2  -  By Genevieve Cua ONE OF EUROPE'S largest machine tools manufacturers, Maho, is increasing its stake in South-east Asia with the establishment of a development centre in Singapore. Maho Machine Tools (Southeast Asia) is spending an initial DMI million to DM2 million on an
      333 words
    • 248 2  -  By Quak Hiang Whai MORE visitors and the successful awarding of three land leases helped Sentosa Development Corporation (SDC) show a surplus of $8.13 million for its last financial year, a jump of 55 per cent from the previous year. In its 1989/90
      248 words
    • 228 2 PRIME Minister Lee Kuan Yew has sent his warmest congratulations to Soviet President Mikhail S Gorbachev for being awarded the Nobel Peace prize. President Gorbachev, Mr Lee said in his congratulatory note, had won the prize for his initiatives that led to changes in the
      228 words
  • Page 2 Advertisements
    • 110 2 Private investment services with Canadian continuity**, global connections* |oday, Management groups X no Your must operate from a for as as the us Canadian Imperial Bank of many Commerce (CIBC), is one by the ten laigest Kong America. We are headquartered or iB ■I IB ■1; P2K^ IB BM B
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 533 3  -  Operational headquarters status is on the cards for the company By Suzanne Soh LISTED Hotel Marco Polo has projected a payback period of 11 years for its $600million complex, Lane Crawford Place, which is scheduled for completion in 1993. Operational headquarters (OHQ) status is also
      533 words
    • 674 3  -  By Amy Balan THE CURRENT economic slowdown caused by higher oil prices could tum out to be a mixed blessing for Singapore venture capitalists. The Hongkong-based Asian Venture Capital Journal (AVCJ), in its September issue, said the drop in share prices and
      674 words
    • 376 3 Bernama TA ENTERPRISE Bhd, which is making a general offer of 30 million shares of one ringgit each at M 52.50 a share, has forecast a pre-tax profit of M 539.88 million for the year Oct 31, 1990 and Ms4s million for the next
      Bernama  -  376 words
    • 116 3 IN THE ISSUE of Business Times of 12 October 1990 in a report entitled 'Questions for underwriters, issuers and SES\ it was stated that Smith New Court International had decided not to carry out the placement of 13.9 million Wing Tai Holdings shares at the risk of
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    • 585 3  -  HJ Amy Balan IN LINE with its earlier declared intention to move into property development in a big way, Kumpulan Guthrie, together with 31 per cent subsidiary Highlands and Lowlands, have announced restructuring plans that will effectively streamline their massive property and plantation interests.
      585 words
    • 209 3 NST SAPURA Telecommunications Bhd is setting up a plant to assemble telephones in Vietnam next year on a joint-venture basis with Ho Chi Minh City Posts Telecommunications. The joint venture is made possible following the signing of a Memorandum of Understanding (MOIJ) with Ho Chi
      NST  -  209 words
  • Page 3 Advertisements
    • 77 3 The Richness Of Leather Handmade To Perfection 1 J SI yj| a. H »*f' WiL,. W >w *M r3 :j gy%. -st~ */!j J -WBP Ik- ,Tn *PßP^^ Ik, k» >5 ijli »r# M Kai^k ■'fl*l iHr I I ■^^fPPPP|P^ w„ sl=Ml made in Italy Sole Agent Shriro (Singapore) Pte
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 98 4 THE THAI subsidiary of Rhone-Poulenc SA has opened a US$4 million production facility in Bangkok to produce 900 tonnes of paracetamol a year. Rhone-Poulenc Thai Industries Ltd, in which the French pharmaceutical and chemical firm owns a 76 per cent interest, said the facility
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      • 88 4 TAIWAN'S state-owned Chinese Petroleum Corp (CPC) said it was still considering whether or not to drop plans to bid for Union Texas Petroleum Holding Inc, a spokesman said on Saturday. A CPC spokesman clarified an earlier statement which said the company had dropped its plan to
        88 words
      • 64 4 JAPAN'S Omron Corp said on Thursday that its Singapore subsidiary had set up a Malaysian unit to expand sales of its electronic fund transfer systems in South-east Asia. The new company, Omron Business Systems (Malaysia) Sdn Bhd, is capitalised at Msl million (US$O.4 million) and
        64 words
      • 107 4 MAKJTA Electric Works Ltd said it lowered its parent net profit forecast for the year to March 31, 1991, to 8.5 billion yen from an earlier forecast of 12.8 billion. The electric tools maker's parent net profit was 5.57 billion yen in the irregular six months
        107 words
      • 75 4 JAPAN'S Matsushita Electric Industrial Co said on Thursday it has developed two new types of desktop workstations, employing 64-bit microprocessors it jointly developed with Solbourne Computer Inc of the United States. The Solbourne S3OOO SPARC workstation is a model with a plasma display, while the Solbourne S4OOO
        75 words
      • 34 4 JAPAN'S Nissan Diesel Motor Co said in Tokyo on Thursday that it has started production of trucks in China in technological cooperation with Cummins Engine Co of the US.
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    • 354 4 Reuter THE Philippines plans to privatise flag-carrier Philippine Airlines in 1991, leaving the government with only a 20 per cent holding, officials said on Saturday. A company spokesman said the government wanted to sell up to 35 per cent of the company to a
      Reuter  -  354 words
    • 396 4  -  By Lilian Ang HONGKONG-BASED First Pacific Company is planning to build up its communications business in Asia, as part of a strategy to fully tap the potential in this region. Managing director Manuel Pangilinan said the idea is eventually to make communications,
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    • 386 4 Reuter JAPANESE companies, often criticised for neglect of their shareholders, are coming under government pressure to change their ways because of the deep slump in the Tokyo stock market A Finance Ministry official on Friday told the Japan Federation of Economic Organisations (Keidanren),
      Reuter  -  386 words
    • 731 4  -  By Shirish Nadkarni in BOMBAY \T A TIME when the world's major stock markets are all showing moderate to substantial losses over their pre-August 1990 standings, India's bourses have remained consistently bullish. The detrimental effect of Iraq's invasion of Kuwait on the world
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    • 249 4 AFP JOHN ELLIOTTS Harlin Holdings says it has renegotiated sale of a large stake in Elders IXL to Japan's Asahi Breweries. Japan's second largest brewer had renegotiated the original deal to buy a 19.9 per cent stake in the Australian brewing and industrial giant after
      AFP  -  249 words
  • Page 4 Advertisements
    • 147 4 "Take me away from all of this." lb take over or not to take over; that was the question. And the reason why every company report since 1869 was on his desk. Figures danced in his head, hunger rumbled in his stomach. He could only make one decision right now.'
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    • 38 4 FOR SALE DETACHED FACTORIES (NEW PHASE) FREEHOLD Land Area (approx.) 39,200 to 219,530 sq. ft Built-in Area (approx.) 10,750 to 11,350 sq. ft j For more details, please call Singapore's sole marketing agent: *****12 I *****84 =j li
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  • Page 5 Advertisements
    • 218 5 An Exclusive Offer for American Express® Cardmembers FLY A FRIEND -f«» s* *v M 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
      218 words

  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 101 6 THE American Stock Exchange said two new European stock index products help round out its strategy of offering major equities market index products for foreign markets as US interest in foreign markrts rises. The Amex earlier said it has reached its cross-licensing agreements with
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      • 115 6 A FORMER investment fund manager testified about unethical and possibly illegal conduct by one of Michael Milken's salesmen, but federal prosecutors had problems qnce again trying to directly link the fallen junk bond king to additional crimes. The government is attempting to win a stiff
        115 words
      • 88 6 THE Italian firm Pirelli SpA is negotiating a joint venture to produce radial car tyres in the Soviet Union, a Moscowbased Pirelli official said last Friday. The proposed factory would be built next to an existing Soviet plant which was designed by Pirelli and
        88 words
      • 83 6 DIGITAL EQUIPMENT Corp and Apple Computer Inc reported last Thursday that their earnings had fallen in the latest quarter. Digital's earnings plunged nearly 83 per cent, while Apple's were down just under 39 per cent: Digital's results were at the high end of Wall Street expectations.
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      • 124 6 TEXAS Instruments Inc, one of the largest makers of computer memory chips in the US, said last Friday that it lost US$7 million in the third quarter, compared with a profit of US$65 million, or 67 cents a share, in the period a year ago. Revenue
        124 words
    • 403 6 Reuter FRANCE'S stock market regulatory agency said last Friday that it had begun an investigation of trading in the shares of Michelin, the world's largest tyremaker. The Commission des Operations de Bourse (COB) also said it was looking into Michelin's'announcement to financial analysts and
      Reuter  -  403 words
    • 448 6 Reuter LONDON and Amsterdam are vying to become the home of a new Europe-wide share price index to capitalise on the European Community's single market after 1992. As world stock markets observed the third anniversary of the 1987 Black Monday crash on
      Reuter  -  448 words
    • 143 6 AFP FIAT boss Giovanni Agnelli admitted last Saturday that there was a "possibility" of a deal between the Italian vehicle group and Chrysler. Speaking to journalists in Venice, he said that "there is a possibility of an industrial and commercial agreement with Chrysler". Mr Agnelli
      AFP  -  143 words
    • 229 6 AFP THE German motor giant Volkswagen is to invest a total of 4.2 billion Deutsche marks (US$2.7 billion) in the territory of former East Germany, by absorbing much of the IFA conglomerate, maker of the East German Trabant car, officials said. The Treuhandanstalt,
      AFP  -  229 words
    • 490 6 Review of third-quarter US corporate earnings Reuter AN eaity sampling of US corporate third-quarter earnings reports indicates that results so far have failed to fulfil Wall Street's worst expectations even though the beleaguered financial servipe sector notably banks still delivered some In addition, weak prßit*
      Reuter  -  490 words
  • Page 6 Advertisements
    • 210 6 Francesco smalto PARIS -n n Jim 4[flH[ psfl^yHF w v^^BM^KJ The Art of Self Expression The Francesco Smalto eyewear collection is exclusively designed to provide each individual the opportunity to express his own personal style and enhance his look. Each frame is intricately crafted with careful attention to matching patterned
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      230 words

  • FINANCIAL NEWS
    • 602 7 Reuter THE US Federal Reserve is determined to hold credit steady until Congress and the Bush Administration ham-mer-out a mutually acceptable budget pact, but then a series of modest easings will ensue, analysts say. By the end of this quarter, most
      Reuter  -  602 words
    • 148 7 AFP PVO HONGKONG banks ve announced a 0.5 per eent cut in prime rate, a move analysts said might worsen inflation currently running in the near double digits. The Hongkong and Shanghai Banking Corp and Standard Chartered Bank said their lending rate to their most
      AFP  -  148 words
    • 246 7  -  By Diana Oon MAYBANK, Malaysia's largest and most profitable bank, launched its co-brand card with Diners International (S) last Friday. The Diners Club Maybank card will offer the combined services of the Diners Club card and Maybank's banking services. The franchise
      246 words
    • 312 7 Reuter CHANCELLOR Helmut Kohl has cleared the way for a quick accord among European Community (EC) members to launch in 1994 the second stage of the drive for a single currency, EC Economic Affairs Commissioner Henning Christophersen said. After weeks of
      Reuter  -  312 words
    • SMALL CHANGE
      • 107 7 CANADIAN Finance Minister Michael Wilson said he sees further drops in Canadian interest rates if weakness in the economy persists. He told reporters in response to "we have seen interest rates come down ISO bam points over the past three or four months,
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      • 84 7 JAPANESE Finance Minister Ryutaro Hashimoto said he hat no immediate plans to take measures against the strongcj yen. Mr Hashimoto told Japanese reporters that he did not think the speed of the yen's appreciation against the dollar ift "excessively fast" But he said he would continue
        84 words
      • 98 7 THE Swiss National Bank's (SNB) regular statements oq, commercial banks' sight deposits are no loafer the best indicator of how tight the central bank's monetary policy i*i SNB director Jean Zwahlen said. The statements, which are published every 10 days and show the volume of
        98 words
      • 72 7 THE state-owned Commonwealth Bank in Sydney said it* faces a difficult year in 1990/91 after lifting net profit before, ab normals 3.8 per cent to A 5494.2 million for 1989/90 ended June 30, managing director Don Sanders said. "We fell short of aspirations (in 1989/90) but
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  • Page 7 Advertisements
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  • Page 7 Miscellaneous

  • THE REGION
    • NOTE BOOK
      • 81 8 VANUATU president Frederick Karlomoana Timakata arrived on Thursday in Beijing to begin a state visit to China, the official New China News Agency has reported. The South Pacific head of state was greeted at Beijing airport by ViceForeign Minister Liu Huaqiu, it said. On Friday, he
        81 words
      • 59 8 THAI, Laotian and Australian officials have met in Vientiane to discuss construction of a bridge over the Mekong River, which forms part of the Thai-Laotian border, the Laotian News Agency said on Saturday. The dispatch said the tripartite coordinating committee studied a feasibility report presented by
        59 words
      • 125 8 THE VIETNAM government has told production sectors to cut back fuel consumption, suspended imports of some vehicles, and advised the population to reduce petrol use, the Hanoi Moi reported on Saturday. It also proposed that Vietnamese firms and individuals be allowed to
        125 words
      • 75 8 TALKS on the future of US bases in the Philippines could resume in Manila next month, US negotiating panel spokesman Stanley Schrager said on Saturday. "It probably will be next month. The month is almost over," Mr Schrager said after he was asked when
        75 words
      • 108 8 PHNOM PENH expects this year's rice crop to be less than 2 million tonnes, well down on previous years, officials said yesterday. Among the reasons given for the worse than expected crop, Cambodian officials have blamed uneven rainfall, a serious shortage of fertiliser and
        108 words
      • 66 8 VIETNAM is still Aids-free, the health ministry announced after testing 46,176 high-risk people for the killer disease, the official press reported on Saturday. The Vietnam News Agency (VNA) said that tests were conducted through September 30 in major cities in the country, and "no case of HIV
        66 words
    • 493 8 The Malaysian elections VOTING was completed yesterday in Malaysia's most bitterly contested general election, with Prime Minister Mahathir Mohamad's government facing the first real challenge to its overwhelming majority. Long queues formed soon after polling stations opened under overcast skies, and rain in some states
      Picture by Christopher Loh  -  493 words
    • 387 8 Bernama THE MALAYSIAN construction sector believes that the next construction boom is now in place and that the 1990s will be the decade of construction and development in the country and in Asean. The Master Builders Association of Malaysia's execu- tive director Kong Yee Peng
      Bernama  -  387 words
    • 173 8 AFP CHINA has declared a diplomatic offensive against Taiwan in the South Pacific, saying it wanted to build bridges with island nations which do not recognise Beijing. President Yang Shangkun, meeting his visiting Vanuatu* counterpart Frederick Karlomoana Timakata on Friday, said China
      AFP  -  173 words
    • 657 8 AFP JAPAN'S efforts to 000 l trade tensions by reducing its external surpluses with the United States and Europe risk unleashing even bigger headaches closer to home as its imbalance with Asia continues to swell. The country's combined surplus with the four newly industrialising
      AFP  -  657 words
    • 596 8 AFP VIETNAMESE Foreign Minister Nguyen Co Thach arrives today in Tokyo on an official visit likely to focus on economic matters and the possibility of Japan renewing aid to Hanoi. The Cambodian conflict is also expected to figure in his
      AFP  -  596 words
  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 628 9 Introducing an insurance policy to protect you firm insurance policies. SIB A, Singapore Insurance K/f Lyf 1 President Brokers Association, in co-op jY' cjt 7 Mr Ng Cheng Quee eration with General Insurance Cheng Quee Pte Ltd Association of Singapore (GIA) have ruled that from Ist October f yv T
      628 words

  • THE WORLD 1
    • 345 10 Reuter A THIRD ATTEMPT by European Community agriculture ministers to determine the bloc's stance on cutting farm subsidies at Gatt negotiations has collapsed. It now looked increasingly likely that a summit of EC leaders would have to take up the issue
      Reuter  -  345 words
    • 25 10 A protester fleeing from a policeman after violence broke out daring an anti-poll tax march In London last Satnrday.
      25 words
    • 659 10 Reuter THE SOVIET UNION has released details of falling production and living standards, a day after its Parliament approved an historic switch to a market economy. The State Statistics Committee Goskomstat last Saturday published figures showing falling industrial output and
      Reuter  -  659 words
    • 462 10 Savings of 0.5pc of GDP from a single currency AP ADOPTION OF a single currency by the 12 European Community countries would save EC consumers and businesses up to US$25 billion a year in currency transaction costs, according to a study released on Friday.
      AP  -  462 words
    • 264 10 Reuter THE GERMAN economy is expected to grow by 2.5 per cent next year with recovery in eastern Germany projected by the second half of next year, according to the president of the Federation of German Industries. In an interview in Atlanta,
      Reuter  -  264 words
    • 285 11 The Gulf Crisis Reuter ♦THE IRAQI ECONOMY is beginning to show serious signs of strain from United trade sanctions, says US Defence Secretary Dick Cheney. "There is growing evidence that the sanctions are beginning to have an impact on the Iraqi economy,** he said
      Reuter  -  285 words
    • 278 11 Reuter THE EUROPEAN Community is likely to lift most of its sanctions against China and .Syria this week, but its ban ;*jon arms sales and military will probably re- main in force, say diplomats in Brussels. The measures are due to be
      Reuter  -  278 words
    • 320 11 Agencies SEVERAL HUNDRED chemical-warfare protected battle tanks are being shipped from Europe to Sau*di Arabia to bolster US forces facing Iraq's occupation armies in Kuwait. A US military spokesman in Saudi Arabia said last Sat- urday that the MIAI Abrams -.tanks would replace
      Agencies  -  320 words
    • 447 11 Reuter HIGH OIL PRICES are hurting the world's poor. Life is getting tough in the Third World's oil importing countries, with crude prices twice what they were in early August. But these fragile economies are still some way from breaking point, experts believe.
      Reuter  -  447 words
    • 309 11 AFP THE US GOVERNMENT "actively encouraged" Iraqi President Saddam Hussein to pursue an aggressive policy of higher oil prices seven months before the invasion of Kuwait, the Observer newspaper said in London yesterday, quoting "high-level US sources". The newspaper said it
      AFP  -  309 words
    • WORLD WATCH
      • 111 11 INDIRECT TRADE between Taiwan and China in the first eight months of this year rose 6.12 per cent to U552.49 billion compared with the same period last year, the Taiwanese Board of Foreign Trade (BOFT) said last Saturday. The two-way trade accounted for 3.11 per
        111 words
      • 70 11 THE HEAD of China's Parliament, Wan Li, will visit London in the second half of December for tullf on the future of Hongkong. The National People's Congress leader would have talks with British Prime Minister Margaret Thatcher, a spokesman at 10 Downing Street said last
        70 words
      • 64 11 JAPANESE FIGHTER AIRCRAFT and ooast guard vessels yesterday intercepted a Taiwanese fishing boat heading for the disputed Senkaku Islands, Taiwan's state-run Television Service said. Its news broadcast showed Japanese coast guard vessels blocking the fishing boat The boat was carrying torch-bearing sportsmen from the Taiwan Area Athletic
        64 words
      • 72 11 SOUTH KOREA is aiming for 7 per cent real economic growth next year, down from an expected 9 per cent increase this year, says Economic Planning Minister Lee Seung-yoon. South Korea's trade balance would continue to end up in deficit next year but the amount would
        72 words
  • Page 10 Advertisements
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    • 245 10 I—EAST LONDON BUSINESS SCHOOL Polytechnic of East London THE EAST LONDON BUSINESS SCHOOL OF THE PROGRAMME STRUCTURE POLYTECHNIC OF EAST LONDON In conjunction with the MBA will be on® MANAGEMENT DEVELOPMENT INSTITUTE OF SINGAPORE fSS^^SZtSSiSSiZ^« r-^redand. 12,000 (MDIS) is commencing the third intake of this outstanding MBA organisational-based project is
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  • Page 11 Advertisements
    • 70 11 If \fouTe Chinese, ■■BSBShB Mmm| Make A Statement —In Mandarin. r 9• m 0 c r 0> t* Wherever you are. whatever you do. you have a heritage to preserve. If you're Chinese and you speak Mandarin. you're making a v statement about that heritage. So make a statement today
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  • ANALYSIS
    • 1587 12  -  Gobal trading anytime, anywhere is about to become a reality, reports Soh Tiang Keng Soh Tiang Keng This article first appeared in the October issue of Singapore Business THE WORLD'S financial futures markets are poised for a revolution. Globex, a screen-based electronic dealing system that
      1,587 words
    • 222 12 UNDER a Globex transaction, bay and sell orders enter the system through Globex terminals. The orders are then screened by a credit-controlled module. Orders are matched based oa time and price priority. As each trade is confirmed, it is passed on to the Chicago
      222 words
  • Page 12 Advertisements
    • 257 12 THE KLCE TOWARDS THE 21 ST CEHTURY An International Futures Conference In Conjunction with the 10th Anniversary of the KLCE on sth and 6th November, 1990 The KLCE has assembled 23 distinguished speakers from U.S.A., France, Australia, Singapore and Malaysia to address this information-packed Conference that will be essential for
      257 words
  • Page 12 Miscellaneous
    • 72 12 DOONESBURY by garry trudeau OKAY DAD THBYASKEP WTTMS A HUMANITARIAN W Hay... MORE m WE'RE BACK. SUBJECT: PHIUP U/HAT GIVES FCR'EM! IN I WE. ICATEGORICAIVY RE~ FREE SMOKES' CARES? M I /MORRIS DONATES 2 MIUJON 'f HERB 7 WW SOME OF THE I JBCT XXJR SNIPE IMPUCA- I IMDNPER. I
      72 words

  • ENTERPRISE & MANAGEMENT
    • 1102 13 Are the policies that helped firms soar in the boom years of the '80s the right ones to pull them through lean times? The Economist AFTER seven fat years, the word recession is once again making businessmen fear there will be one or two lean
      The Economist; $ & Nonsense  -  1,102 words
    • 97 13 National Management Game THIRTY-SIX teams have made it to the semi-finals of the National Management Game. There are six periods in this phase. So far, during the first three periods, nearly all the teams have done well. The second period, in particular, saw 33 teams making
      97 words
    • 393 13  -  Christopher Lorenz on HP's latest reorganisation Christopher Lorenz FT WHILE most of America was out celebrating Columbus Day recently, many of Hewlett-Packard's managers were pondering over the implications of a major reorganisation of the computer and instruments multinational which was announced on the eve
      FT  -  393 words
  • Page 13 Advertisements
    • 428 13 MEMOPAD Seminars and courses Duration Title Vemmt Orgaaber Td Oct 11, 18 Professional Salesmanship Cairnhill Hotel Dynamic Life *****22 A 25 Oct 15, 22 Business CaimhiU Dynamic Life *****22 A 29 Development Skills Hotel Oct 16 Introduction to Singapore Singapore *****77 Nov 22 A Use of Control Institute of Institute
      428 words
    • 236 13 1 HOUR LUGGAGE REPAIR TEL 733-0037 t y?" I"" Most Repairs Take One Hour. Some Only 10 Minutes. See Us. We Mend: Broken Handles/Pull Lever/Straps Jammed Locks Missing Wheels Damaged Hinges/Alignment Cracks/T ears/Dents Loose Linings Anything That's Not Right. #04-37 Shaw Centre 1 Scotts Road, Singapore 0922. Mon Sat: 10
      236 words

  • SPORTS
    • SIDE LINES
      • 78 14 EVANDER HOLYFIELD still plans to fight George Foreman next if he wins the heavyweight title on Thursday, in spite of orders from boxing's governing bodies to defend against Mike Tyson. The World Boxing Association, World Boxing Council and International Boxing Federation have ordered the winner
        78 words
      • 70 14 FRANCE'S Henri Leconte played inspired tennis to upset top-seeded Stefan Edberg 7-5, 6-0 last Saturday to reach the final of the US$l.l million European Community Championship tournament in Antwerp, Belgium. In the final scheduled for yesterday, the unseeded Frenchman was to meet face fourth-seeded Goran Ivanisevic of
        70 words
      • 86 14 BRAZILIAN Nelson Piquet swept to the 21st victory of his Formula One career yesterday when he won the Japanese Grand Prix ahead of his compatriot and teammate Roberto Moreno. But the Brazilian and Benetton double was overshadowed by sensation and controversy at the first corner of
        86 words
      • 56 14 FLYING SCOTSMAN Stephen Hendry already has one foot in the final of the Rothmans Grand Prix after producing a devastating performance at Reading last Saturday. The 21-year-old world champion, who struggled to beat Silvino Francisco 5-4 and Alain Robidoux 5-3 in earlier rounds, was back to hip
        56 words
      • 79 14 RISING FRENCH STAR Gilles Delion outsprinted Swiss teammate Pascal Richard and three other opponents last Saturday to win the Tour of Lombardy cycling event in Monza, Italy. Gianni Bugno of Italy finished more than four minutes behind the winner but still clinched the 1990 World
        79 words
      • 68 14 NEW ZEALAND, beaten 15-19 in Toulon last Wednesday, crushed a Languedoc regional XV 22-6 in Narbonne, France, last Saturday but there were only three points in it with 10 minutes to play. A try by Zinan Brooke followed by a penalty try converted by full-back Kieran
        68 words
    • 389 14 AP TIM SIMPSON withstood late charges by John Mahaffey and Davis Love 111 to win the Walt Disney World Classic by one stroke at Lake Buena Vista, Florida, last Saturday. Simpson, who led throughout the tournament, finished with a 71 for a total
      AP  -  389 words
    • 437 14  -  By Paul Ramani INDONESIA'S Mazizat Sofian confirmed his superiority in the men's singles 45 and above category when he defeated compatriot Edward Tendean 6-4, 7-6 (8-6) to clinch the title for the fifth consecutive time at the Philips Singapore Open veterans' tennis championships
      437 words
    • 293 14 Underdog clinches championship in four games Agencies THE CINCINNATI REDS rallied for two runs in the eighth inning in Oakland, California, last Saturday to beat the Oakland Athletics 2-1 and win the World Series in four games, one of the biggest upsets in baseball ryThe Reds
      Agencies  -  293 words
    • 513 14 UPI UNSEEDED SWEDE Anders Jarryd upset Alexander Volkov of the Soviet Union 6-2, 7-5 last Saturday to set up a meeting against Austrian Horst Skoff in the final of the U*****,000 CA men's tennis tournament in Vienna. SkofT eliminated topseeded compatriot
      UPI  -  513 words
    • 242 14  -  By Paul Ramani THE JOHNNIE Walker In-ter-Club Championships have got off to a good start with six of the 10 competing clubs having already completed their qualifying rounds. The top three players of each handicap range from 0-12, 13-15 and 16-18 will go on
      242 words
  • Page 14 Advertisements
    • 134 14 To find out just how little space our Minolta EPS4O( To go into the long and short of i T "~i protrude beyond the machine, taking up Its speed is also hard to beat 40 it, our EP5400 copier is just 690 mm j more space, this compact copier has
      134 words

  • THE ARTS 1
    • 587 15  -  P Y Van reviews the Singapore Symphony Orchestra's concert last Friday P Y Van CHOO HOEY marked his return to the Singapore Symphony Orchestra's rostrum last Friday (after a few months' absence), with a programme that revolved round 20th century composers. Starting with Messiaen's
      587 words
    • 371 15 Asahi JAPANESE corporations arc sponsoring roughly half the concerts, plays, sports and other activities held in and around Tokyo, according to a recent private survey. Most sponsors, however, are happy to merely furnish the funds to promoters and agencies to advertise events, according to Masato
      Asahi  -  371 words
    • 708 17  -  What is so different about the nominations for this year's National Book Award in America? Edwin McDowell takes a look at the finalists for the fiction and non-fiction categories Edwin McDowell NYT TWO first novels and a novel completed in 1948 but published only
      NYT  -  708 words
    • 1285 17  -  The Museum of Modern Art's latest exhibition is, in principle, a brave undertaking. But, in reality, it is a disappointment, not least because it shirks the very issues it promised to confront, says Michael Kimmelman Michael Kimmelman NYT FROM its conception,
      NYT  -  1,285 words
  • Page 15 Advertisements
    • 246 15 Qantas offers more flights to Australia thanj all other airlines i put togethe^ .\\V W, m M VI L m m 1 k 1 VI Wirn Wm K m msk i 1 k k\ B i mM 1 II U iiiiitiin imiiinii 1\ 1 If you were to put ALL
      246 words

  • Page 16 Advertisements
    • 1225 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WMKj DINE Some of our best advertising is by word of-mouth. B .^j|fl For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338
      1,225 words
  • Page 16 Miscellaneous
    • 514 16 TELEVISION AND RADIO A OTlflCt JSBCI2 JjJ SSfiS£S&£}it& L h a BUSINESS ON RAWO VJllc allUrilCY a aIIUM 7J ss&s s&v& trie International Challenge. and Yvonne reminisce about SJOpa, 171—' Financial News ■■VSnrVSTTSTTTSHH H' I International ice-skating their school days. Vicky is rc RAMO 5.92.4 aNz hi VMF Band I
      514 words

  • Page 17 Advertisements
    • 240 17 lAND ENTERTAIN Set Your Heart On Our Set Meals. LUNCH 11.JQAM TO w ijopm ti«jo> LftJ '*SHMI I PE PEKSON DINNER: 4.30PM TO f- lOJOPM.JIt.SO. per PERSON. The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays. ANAHOra M NASSIM HELL,
      240 words
    • 196 17 fsB2B Mom for 10. B Free quart Marteß Cordon Weu. S (Only 5 tables nightly. Advance orders required.) Hi $418 Menu for 10. H free quart bottle Chtvas Regal or Martell VSOP. 92 SS $288 Menu for 8. "fJ ,V* Free quart Qrivat Regal or Marteß VSOP. •*V $138 Menu
      196 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4926 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market recovered and ended on a strong note last week despite the lack of institutional support Analysts said there was an improvement in market sentiment with the softer oil prices that followed news towards
      4,926 words

  • 4148 19 Main Board SJA Foreign 1350 +60 +4.7% DBS Foreign 925 +60 +6.9* NatSted 630 +55 +9.6% KeppdCocpn 575 +55 +10.6% FAN 705 +45 +6.8% (JOB Foreign 545 +40 +7.9% Scmb Shipyard 434 34 8.5% Rotxnaofi 238 34 +16.7% DBS 890 30 3.5% Aaia Pacific 790
    4,148 words

  • MARKET REVIEWS
    • 646 20 FT IT MAY NOT be overly reassuring to think that Wall Street is so fickle that it can be manipulated by Iraq's propaganda machine and its effect on the oil price. But consider the following; the current bear market has been framed
      FT  -  646 words
    • ASIAN MARKETS ROUNDUP
      • 79 20 THE EASING of monetary policy and the falling Australian dollar boosted the Australian share market during the past week, brokers said. Hie main market indicator, the All Ordinaries Index, jumped 42.5 points or 3.1 per cent to 1,368.6. The All Industrials Index added 92.4 points to 2,076.7 and the
        79 words
      • 155 20 THE Jakarta Stock Exchange tJSE) continued its nose dive, With an oversuppiy of scrips continuing to build up in last trading as demand remained weak. The JSE index fell below the psychological barrier of 400 on Thursday and fell further to 396.981 on Friday against 425.397 a week earlier.
        155 words
      • 118 20 SHARE PRICES on the Thai stock exchange edged up last week in thin trading, with the Securities Exchange of Thailand (SET) index gaining 1.5 per cent. The SET index rose 9.79 points during the week to close at 652.16 points. Average daily turnover was 38.6 million shares, up marginally
        118 words
      • 92 20 FALLING crude oil prices amid the lack of any new signs of increased tension in the Gulf animated investors in Taipei and sent share prices on the Taiwan Stock Exchange to stage a comeback last week. Recouping from the previous week's 5.4 per cent plunge, the 216-issue weighted price
        92 words
      • 118 20 SOUTH KOREA'S stock market soared throughout the past week with increased volume on news of the inter-Ko-rean prime ministers' talks in Pyongyang and amid an im- proving domestic political situation. The broad-based Composite Price Index rose from 626.95 points to close on Saturday's half-day session at 710.44, up 83.S
        118 words
      • 71 20 AFP THE government's decision to raise fuel costs by 25 per cent and introduce extra corporate taxes further brought down prices on the Indian stock market during a holi-day-shortened week. The Bombay Stock Exchange (BSE) shed 91.4 points to close at 1,311.3 while the National Index lost 37.5 points
        AFP  -  71 words
    • 857 20  -  By Ray Heath AFTER the briefest of honeymoons, Ms Pound Sterling is facing up to the realities of life married to Mr ERM, but domestic bliss is unlikely. Mr ERM's ability to support Ms Pound in the manner to which her former guardians, the UK government,
      857 words
    • 421 20 AFP SHARE PRICES rallied on the Tokyo Stock Exchange last week, supported by a stronger yen and rising bond prices, coupled with increased hopes for a peaceful solution to the Gulf conflict. The Nikkei Stock Average of 22S selected issues ended the week
      AFP  -  421 words
    • 828 20 DBS Securities THE Hongkong stock market logged a robust ending to its trading on Friday in an otherwise soft week. The Hang Seng Index gained 76.69 points or 2.6 per cent during the week to close at 2,991.95. Leads provided by
      DBS Securities  -  828 words
  • Page 20 Advertisements
    • 362 20 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF MARUBENI MARITIME (SMGAPORE) PRIVATE UMITED (IN MEMBERS' VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE bhmbyglwn, in pursuance of Section 308 of me Companies Act Cap. 50, that the FINAL GENERAL MEETING of the members of the above-named
      362 words
    • 300 20 IN THE MATTES OP THE COMPANIES ACT, CAP. M REDmLL REALTY PRIVATE LIMITED (la Members' Vetaatary UfHeltea) At an Extraordinary General Meeting of the members Of REDHILL REALTY PRIVATE LIMITED duly convened and held at 111 North Bridge Road #12-01 Peninsula Plaza, Singapore 0017 on 18th October 1090 the following
      300 words
    • 220 20 NOTICE NOTICE B HEREBY GWW that. I Teo long Hut of No 31, Mm Minggu Sbw»r« 2067. hM tor a RET/UL LIQUOR SHOP LICENCE in reaped of premises it MS NTUC Faaprice C<MJperatw9 Lid «10, BtAit Bate* Central 101 -06 Singapore 2365, «nd that this application «nl be heard in
      220 words
    • 5 20 TECHNOLOGY in BT every Tuesday
      5 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4000 21 Bernama THE Kuala Lumpur stock market displayed much confidence ahead of the general election and share prices managed to close on a mixed note last week. The performance of the market could be considered creditable as dabblers showed no signs of nerves especially on
      Bernama  -  4,000 words
  • Page 21 Advertisements
    • 390 21 TELEPHONE: 730-5937/5902/5942 FAX: 734-4 9 8.'2 aa 11 in in Manager I I [CUSTOMERSERVICEJ Reporting directly to the Vte© President of the Credit Cord Center, you will be responsible for planning and building an excellent customer service image, managing a system to ensure consistently high customer service standards and developing
      390 words

  • WORLD STOCK MARKETS
    • Dow soars 68 points as oil prices fall
      • Article, Illustration
        1016 22 WALL STREET celebrated the third anniversary of its 1987 crash by soaring more than 68 points on Friday, encouraged by a three-dollar slide in oil prices. Bonds, also buoyed by falling oil prices, rose solidly, and the dollar closed higher on Wall Street's gain and optimism about a
        1,016 words
      • Article, Illustration
        897 22 UK SHARES drifted lower in late end-of-account trade on Friday after a midsession rally ran out of steam. "It picked up quite strongly round lunchtime on the stronger Wall Street start but it's come off a bit since then," one dealer said. Traders said prices were boosted by "Bear-closing"
        897 words
      • 322 22 DUTCH shares closed narrowly mixed last Friday as late afternoon option-re-lated selling and price erosion on the London and Wall Street stock markets reversed an earlier uptrend, dealers said. Blue chips closed mostly easier. The CBS general tendency index finished 0.2 points lower at 97.2. The index had calmly
        322 words
      • 318 22 GERMAN shares ended a fairly quiet trading session 0.8 per cent higher, with dealers generally confident that, barring a severe downturn in the Gulf crisis, the worst of its impact on share prices is now behind them. The 30-share DAX index ended 12.02 points higher at 1,482.09. This was
        318 words
      • 270 22 PRICES rose on the Milan bourse as the market reacted to the good perfor- mance of other exchanges and lower international oil prices, but brokers said business was thin and the advances lacked conviction. "Institutional investors are sidelined or have even been sellers. Speculative buying has helped some stocks
        270 words
      • 134 22 FRENCH share prices ended slightly lower last Friday, snapping a six-day winning streak, as traders took profits on the market's recent rise. French stocks fell, despite a healthy rise on Wall Street and a slide in oil prices, partly because investors are growing doubtful that any further easing in
        134 words
      • 284 22 TORONTO stocks rallied in thin trade, boosted by lower oil prices, expirationsrelated buying in New York and optimism the US Congress will reach a stopgap spending agreement, traders said. Canadian mining companies fared particularly well. The TSE composite index rose 26.6 to 3,086.60 on volume of 24.39 shares. Advances
        284 words
      • 336 22 Reuter SWISS shares ended higher in moderately active trading as sentiment was boosted by tower oti prioes on the world markets and Wall Street's sharply higher opening levels. Dealers said midsession profit-taking was weO absorbed and the market resumed its upward momentum at the Buying interest focused on leading
        Reuter  -  336 words
      • 458 22 Oct 19 Ckw Prrtw NEW YORK Dow Jones 2,520.79 2,452.72 +6S.07 NYSE Financial I OS.40. 106.73 +1.67 SAP 500 312.48 305.74. +6.74 Turnover (million) 222 204 II LOffPftH Financial Times 30 1,621.5 1,611.11 4-3.4 FTSE 100 2,069.0 2,082.62 +6.4 Turnover (million) NA 545.9 AMSTERDAM CBS Tendency Index 97.2 97.4 -0.2
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  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 470 23 FOREX MARKET REPORTS THE US dollar closed higher in New York on short-covering before the weekend, but dealers remain bearish on the US currency because of weakness in the US economy and belief that domestic interest rates are headed lower. "I think
      470 words
    • 669 23 ASIAN CURRENCIES AFP THE Japanese yen soared against the dollar on concerns over a possible recession in the United States and continuing uncertainty in the Gulf while the Australian dollar came badly unstuck. The Singapore dollar reached an all-time high against the greenback while
      AFP  -  669 words
    • 391 23 Cress rites 0020 USS SS MS Dm Yen SFr AS NZS USS 1.7085 2.6985 1.5020 125.95 0.5007 1.2690 1.2870 1.6556 SI 0.5853 1.5795 0.8791 0.7372 0.2982 0.7428 0.7533 0.9691 MS 0.3706 63.31 0.5566 0.4667 0.1893 0.4703 0.4769 0.6135 Dm 0.6658 1.1375 1.7966 83.85 0.3400 0.8449 0.8569 1.1023
      391 words
    • 552 23 Interbank rates S$ m CHfcr Overnight 6 13/16 6 15/16 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Overnight mode: 6-3/4 US> High Low 7 days 8 1/4 8 1/8 1 month 8 1/4 8 1/8 2 months 8 1/4 8
      552 words
    • 557 23 Reuter FORMAL ENTRY to the European Community currency club, the European Monetary System (EMS), will remain closed to outsiders for the time being despite Norway's firm knock at the door, senior EC officials said. Norway, which is not an EC member, announced on
      Reuter  -  557 words
    • 372 23 Reuter THE PROSPECT of a devaluation still divides international investors on the Swedish crown market despite a sharp increase in domestic interest rates last week, analysts in London said. Sweden's central bank raised interest rates to 17 per cent from 14 per cent, and from
      Reuter  -  372 words
    • 489 23 GOLD FINANCIAL FUTURES REPORT SPOT GOLD opened just under the week's high of U*****.50/U*****.00 last Monday and was immediately plagued by expectations of lower crude oil prices and recessionary fears imputed by the large losses of silver, platinum and US equities. Technical and fund selling
      489 words
    • 286 23 COM EX Oct 19 OOU)FUTW£S( lOOoz) USfrcg Open High Low Settle Change Oct ***** 372.00 ***** 372.80 +170 Nov 373.50 +170 Dec 374.50 377.60 371.80 375.70 +170 Feb 379.00 381.40 376.00 379.80 +180 Apr 380.00 384.80 380.00 383.50 +180 Jun 384.60 387.50 384 60 387.40 +180 Aut 391.40
      286 words
    • 487 23 BANKS ABN Bank 8ft Allied Irish Bank PLC 8ft American Express Bank 8ft Am*Dam Rtcrdam Bank 8% Arab Banking Corp 8ft Arab Bank PLC 7* Asia Commercial Bank 7ft ANZ Banking Group 8* Ban Hin Lee Bank 8% Banca Commerciale 8ft Banco do Brasil 8ft lUwgirfiif Bank
      487 words

  • COMMODITIES
    • 408 24 Reuter A SHORT-TERM bounce in cocoa prices looks possible but the overall outlook continues to be depressed by the prospect of a seventh successive world surplus in 1990/91 (Oct/Sept), analysts in London said. Near March fell to a contract low of £685 a tonne
      Reuter  -  408 words
    • 335 24 AFP NIGERIA plans to boost its oil output capacity, Oil Minister Jibril Aminu said on Friday, and he called on consumer countries to help Opec increase its production capacity as planned from 27 million barrels a day (b/d) now to 32
      AFP  -  335 words
    • 908 24 Hopes of Gulf settlement 1 send oil prices lower REPORTS AFP PERCEPTIONS that the Gulf crisis is moving towards a peaceful solution and that the market is adequately supplied sent Brent crude prices sharply lower last week. Gold was hit by Middle East selling early in the week and fell
      AFP  -  908 words
  • 1091 24 Rubber MS(WliMw) S cenH/kg Int 1 RSS Close Oct 15 154.75 Oct 16 153.00 Oct 17 Oct 18 154.00 Oct 19 155.00 MPJ(l*lihdw) M cents/kg Int I RSS Clow Oct 15 238.50 Oct 16 236.50 Oct 17 Oct 18 237.00 Oct 19 237.50 HI—l(Oa 19) penctAi Clot Prevkw 1
    1,091 words
  • Page 24 Advertisements
    • 896 24 NOTICES Nance NOTICE B HEREBY GIVEN that, I, Hang Chong Chin of Bk 410 Road 108-106, Singapore 2367, have Mpbed for a Retiil Beer Shop bcence io respect of premises at M/i Kah Hoe Provision Shop at 81k439, Road 101-Kl, Singapore 2367 and lhat this implication will be head a
      896 words
    • 310 24 In the matter of the Companies Act Cap. 50 And In the matter of Maaport InOuetrtee (Singapore) PteLtd (Member's Voluntary Winding-Up) At an Extraordinary General Meeting of the members of Masport Industries (Singapore) Pie Ltd duly convened and held at 1 Sophia Road #04-07 Peace Centre Singapore 0822. Saturday, 20th
      310 words
    • 7 24 IN THE MARKET Every Thursday... ADVERTISING MARKETING
      7 words
    • 9 24 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 732 25 CHy FlgM ETA FVgM ETD QF81 1900 Umm RJ182 1445 RJ183 2320 Muhrili Qf005 2230 Utmm Qf 16 1830 Baadar Sari »421 fioi I •MM BI422 1205 BJ429 2030___Bj430 2125 llMlnli LH770 1050 Ct664 0750 QF62 1135 RA406 0615 SN287 1430 CX713 1455 CX712 1550 PK766
      732 words
    • 762 25  -  LETTER FROM ARIZONA By Andrea Borch IF Claude Monet had visited the Grand Canyon, the world would probably possess time studies of rock formations to accompany his famous haystacks and cathedrals. People with the slightest appreciation of nature understand the beauty of a sunset or
      762 words
    • 150 25 As at 3pm ytstenday: Local dollars to one nth of fordgB currency Currencies Bid Offer Australian dollar 1.3100 1.3400 Canadian dollar 1.4400 1.4700 NZ dollar 1.0130 1.0430 Sterling pound 3.3300 3.3700 US dollar 1.7080 1.7180 Local dollars to 100 arts of faw%a fiiij Austrian schilling 16.00 17.00
      150 words
    • 95 25 Duration Titte Venue Organiser Td Duration Tale Venue Oipumer Td Oct 23-21 International Yugoslavia Foire De 21/23.133 Nov 7-11 International Italy Torino (39)*****9 Fair far Hunting, Novi Sad New Technologies Esposizoni Fishing. Sports Jk Innovations Fair S.pA and Tourism Nov 4-9 International Soain Foire De 3/423 3101
      95 words
  • Page 25 Advertisements
  • Page 25 Miscellaneous
    • 210 25 29 Not all in South Amenca could be called a state of war (6) an American general got pect to find a starter for 30 Reversed carelessly, so was embarrassed (6) tea (6) booked (8) 8 Time of life when leading 26 Move round the prison (4) 31 Card game
      210 words
    • 205 25 Singapore Oudook: Fair Forecast Ma* temp. 30.2 assoc humidity 73% min temp. 24.1* C assoc humidity 98% hra of sunshine. 1.75 rainfall in mm 12.1 rainfall this mth. 18.2 rainy days this mth. 5 ui IJ ffonfl report Asia-Pacific Hi/Lo* Cond. Auckland 11/14 Rain Bangkok 32/26 Showers Beijing 26/14 Nice
      205 words
    • 24 25 Of" tMDNT YDU OS€P To BC A GOOD nqORNiNG Slf?— V' V J •SOEGEON J you geregg CVCMMO STANOAMO Ca LTD, IM9-IM* MM t^rQ.
      24 words

  • 548 26  -  Fro* Catherine Ong in SHANGHAI TWO SINGAPORE companies have signed letters-of-intent for projects costing more than US$25 million in Pudong, Shanghai's new special investment zone for foreigners. The Kin Yuen trading group headed by entrepreneur Ronnie Tan has indicated interest
    548 words
  • 290 26  -  From Yong Pow Ang In BEIJING CHINA'S Ministry of Foreign Economic Relations and Trade (Monfert) is looking for Singapore partners to invest in electrical and mechanical products in a third country, such as East Europe. This is the second Chinese ministry
    290 words
  • 284 26  -  From Catherine Ong in SHANGHAI SINGAPORE companies have invested in 30 projects worth more than U5579.2 million in Shanghai over the last decade and the recent normalisation of ties with China is expected to boost bilateral economic links. Mr Wang Zhu Kang, executive vice-chairman of
    284 words
  • 308 26 AFP THE JAPANESE government is to ask the petrochemical industry to link up with natural gas-producing countries in South-east Asia to build ethylene plants, according to a leading Japanese economic newspaper. The Nihon Keizai reported last Saturday that production in these nations would
    AFP  -  308 words
  • 413 26 The Gulf Crisis THOUSANDS of peace activists took to the streets in the US over the weekend to protest against the military build-up in the Gulf even as parliamentarians from more than 100 countries strongly condemned the Iraqi invasion of Kuwait in Uruguay
    413 words
  • 366 26 AFP A SPECTACULAR run on Michelin shares has put the spotlight on Francois Michelin, secretive boss of the tyremaking giant, who broke a 30-year silence to talk to financial analysts and journalists with disastrous results. "Was Michelin too naive?" asked the
    AFP  -  366 words
  • Page 26 Advertisements
    • 35 26 PiageT JCAILLIER EN HORLOGERIE DEPUISIB74 GENIX'E Studolhe STUOIO UNE PTE LTD Showroom: 321 Orchard Road •08-04 Orchard Shopping Centre Singapore 0923 Tel: 235 4824/5 Telex: RS ***** S-UNE Fax: 733 4608 oo*9 stngaporw mmmytta tnoooesis
      35 words
    • 8 26 Regulator probes trading in Michelin shares, Pg 6
      8 words
    • 519 26 PlvgeT JOAILUER EN HIJRLOGERIE DEPUISIB74 GENEVE Saactioas hartiaglra* badly, says Cksty, Pg II Fw East-Gatf Uaes aay raise rates joiatty, SUp|fa| Tiaws P| 1 SINGAPORE institute of MANAGEMENT (DOETTVIQ YOUR MESSAGES ACROSS: I HOW TO PREPARE SUCCESSFUL PRESENTATIONS WITH I VISUAL ADS I November 29 A 30,1990 Fee: SSSBO SIM
      519 words

  • Shipping Times
    • 561 27 THE CONCEPT of an Asian air bloc to counter the European Community (EC) is gaining momentum. Asia-Pacific countries, including Hongkong, are likely to form a federation to negotiate air traffic rights in the face of Europe 1992, according to speakers
      561 words
    • 179 27 Reuter HONGKONG-based Orient Overseas International Ltd (OOIL) will sell its stake in UK-based Furness, Withy and Co Ltd for U*****.3 million to Shaw Savill Holdings Ltd, the company announced. The unconditional agreement to sell, reached last Wednesday, will be performed through OOIL's
      Reuter  -  179 words
    • 259 27  -  By Rahita Elias SINGAPORE-based Macoline will go solo on the Singapore-Madras route following the expiry of its joint service agreement with Hongkong carrier Sindbad Line on Nov 15. Sindbad's new partner on the route will be Bengal Tiger Line (BTL). A Sindbad official
      259 words
    • 341 27  -  From Al O Labita in MANILA TWO JAPANESE companies have won the bid to upgrade the Philippines' maritime communications system and reconstruct Manila's South Harbour. Japan's Toyo Menka Kaisha Ltd was awarded the contract to undertake the US$lO million maritime communications project (MCP)
      341 words
    • 313 27  -  By Selva Kumar FACED WITH falling earnings and cargo volumes, major lines in the Far EastPersian Gulf trade may join forces to raise freight rates by the year's end. The Japan-Persian Gulf Conference (Jappercon) has over the past oouple of years unsuccessfully tried
      313 words
    • 325 27  -  By Othman Abu Bakar THE FEDERATION of Malaysian Freight Forwarders (FMFF) will present its recently drawn-up industry guidelines to the country's Transport Ministry in the next one-and-a-half months. An FMFF official said the federation has targeted 1992 as the year when
      325 words
    • NEWS SUMMARY
      • 32 27 THE deteriorating conditions of the marine insunnoe marketplace, especially low premiums, dominated the International Union of Marine Insurance meeting in London this year. ftps 2
        32 words
      • 49 27 AUSTRALIA'S largest container terminal operator, National Terminals (Australia), has unveiled an As6o million development plan for its Botany Port Container Terminal in Sydney. When the redevelopment is completed, National Terminals will cease container handling at Us Gkbe Island terminal in Sydney. Back Page
        49 words
      • 57 27 NEW SECNAVES directorgeneral Dr Humberto J iron has unveiled incentives for Liberi-an-flag owners and others to switch to the Panamanian registry by easing terms for the settlement of registry fees. The measures are partly repayments in kind for Liberia's fee cutting in September last year, say
        57 words
      • 30 27 THE CONTINUING boom in trade between Germany and the Far East has led to a dramatic rise in Hamburg port's container business. Back Page
        30 words
    • LOG BOOK
      • 77 28 ALL Nippon Airways Co Ltd (ANA) is considering joint cargo flights with Sabena Belgian World Airlines and Scandinavian Airlines System (SAS), an ANA spokesman said. No details have been decided yet, but if the airlines reach agreement, the flights will be ANA's
        77 words
      • 73 28 CONTAINER TRAFFIC to and from Calcutta has been dominated by American President Lines (APL) over the last year. In 1989-90, the company handled 10,956 TEUs, compared with 8,946 handled by the Shipping Corporation of India, its closest competitor. Other major container operators included Yang Ming Lines,
        73 words
      • 70 28 JAPAN Airlines Co Ltd (JAL) said on Friday that JAL and Germany's Lufthansa airlines have set up an air-cargo joint venture in Milan, Italy, to cope with growing cargohandling demands in the country. The joint venture is capitalised at 200 million yen (US$l.6 million), equally
        70 words
      • 109 28 JAPAN Air System (JAS), the country's third largest airline, has ordered two more Airbus 300-600s, said Airbus representatives. The order, worth about 26 billion yen (US$2OB million), brings to 16 the number of 300-600 JAS has ordered, including seven on option. The first of the
        109 words
      • 93 28 NORTHWEST Airlines said it returned to service all 12 DC-9s that were grounded last Wednesday due to possible hydraulic fluid contamination, including two jets that were found to have soap in their hydraulic lines. "It was a mistake, plain and simple," said Northwest Airlines spokesman Kevin
        93 words
      • 74 28 THE BOARD of administrators of Deutsche Bundesbahn, the German Federal Railways, formally approved the appointment of Heinz Duerr as chairman as of Jan 1, a Bundesbahn statement said. Mr Duerr, chairman of AEG AG for the last 10 years, said two weeks ago he was
        74 words
    • 1047 28  -  The deteriorating conditions of the marine insurance marketplace, especially low premiums, dominated the International Union of Marine Insurance meeting in London this year. Russ Banham of the Journal of Commerce reports Russ Banham THE PRESIDENT of the International Union of Marine Insurance, Maurice
      1,047 words
    • 335 28 Rising throughput of feeder traffic at the Port of Tilbury has resulted in the decision to invest £2 million in a new crane for the Container Division. Work on the crane, which will be built on site, is due to start in April
      335 words
    • 809 28 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
      809 words
    • 10129 36 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
      10,129 words
    • 837 43 FIRMER grain rates and active timechartering to Far Eastern destinations characterised the freight market on Thursday, brokers said. News on Wednesday that private US exporters sold 350,000 tonnes of com to the Soviet Union underpinned the market. Interest in coal and ore shipping was less active. The Baltic
      837 words
    • SHIPS IN PORT
      • 564 43 tomi ftylb M MmI fcpartn I VeyNi Bar* faM D^Mrhr* Rippd WIh rvw Equator Ml 29/90E P1A 2110/0730 2110/0600 Am* Quean 1515 K34 atongsdi 2ai0/1500 Frotano 61EB P4A 2110/0700 23.10/1500 Catamarca 2 35MB CIO dotgade 21.10/2300 GiM RMM 06/90 P2B 22.10/0700 2110/0600 (Mm 1/90 (P) K36 21.10/2100
        564 words
      • 1160 43 HECOVW6 Of EXFOCT Fa COHTMHOtt mo LCL CARGO Rmri Mtv/Mm Mb 9# taf Eft/Mr NM hm T« hm v, ijta. 5A 23/2100 2 21/1700 22/0659 22/0900 4 22/1200 22/1459 22/1700 AalM 48 23/2359 2 21/1700 22/0659 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 Mb 21-90E 23/0800
        1,160 words
      • 354 43 ■Hi at Satfk Part en Oct Ift 1: Victoria Cot* 3: Swee Ann Satu, Mutn Htoyu; 4: Cheung Hag; Dong Xu Yen; 7: Hang Lee 4; 7A: Saw Long SabL ICT: ft Bungi Matoh; 9; Bask Tauro; 10: St Low. Raft Bat 11: I Xmc 13: fan
        354 words
    • 363 44  -  Fraa Florence Chong m SYDNEY AUSTRALIA'S largest container terminal operator, National Terminals (Australia), has unveiled an AS 60 million development plan for its Botany Port Container Terminal in Sydney. Since it took over the terminal two years ago, it has upgraded the
      363 words
    • 307 44 NEW SECNAVES directorgeneral Dr Humberto J iron has unveiled incentives for Liberian-flag owners and others to switch to the Panamanian registry by easing terms for the settlement of registry fees. The measures are partly repayments in kind for Liberia's fee cutting in September last year, say
      307 words
    • 263 44 Cargonews Asia THE CONTINUING boom in trade between Germany and the Far East has led to a dramatic rise in Hamburg port's container business. The port's single largest shareholder, state-owned Hamburger Hafenund Lagerhaus AG (HHLA), further strengthened its position early last year through its takeover
      Cargonews Asia  -  263 words
  • Page 27 Advertisements
    • 140 27 SNIP LASHING MAT!RIALS SPECIALIST IUF INTERMARINE SUPPLY CO (Pit) LIU Mill TEL *****33 (6 LINES) FAX: *****77 Wm Hi^H mmggfw r MiA *llR&Mk^!^^E[^^^EB9BHl NLS Is Going Your Way. As one of the biggest, most experienced liner operators in the business, Nippon Liner System is moving the goods and materials the
      140 words
    • 26 27 Contaw ScMtoi 17 My Fraffto U. Mb to khmtam 3 Staff* Ga* 10,11 Stapt to tat 17 SffffwiTtoa 17 Vatafcffrt 2 to** art Sm Cmdtom 17
      26 words

  • Page 28 Advertisements
    • 155 28 3l_ SINGAPORE FREIGHT FORWARDERS ASSOCIATION SINGAPORE LORRY OWNERS ASSOCIATION The Singapore Freight Forwarders I I Association and the Singapore Lorry 11 Owners Association jointly announce an INTERIM FUEL SURCHARGE OF FIFTEEN PERCENT (15%) on the current trucking rates, with immediate I effect I I This surcharge is based on the
      155 words
    • 75 28 APPOINTMENT We are the largest chocolate manufacturer in Singapore with VAN HOUTEN as our leading brand. We are now looking for suitably qualified and energetic candidates to fill the following position: SHIPPING ASSISTANT S| GCE "N" lewl or "C level Some related experience preferred Ability to type accurately and operate
      75 words

  • Page 29 Advertisements
    • 1754 29 JT^ \llVf/ 200 Cantonment Roed #12 -06 SouWpo.it. S.nppor, 0201 T.i *****11 TELEX MIS ***** ■FCDCDIiI TERMINAUCFS Tel *****1 220 LwJ rasi«VsL, kKJ PORT KELANO TEL *****18 TELEX M£W7*«Ugll PSBDSS nL %S no^Sabw IMPORT EXPORT lytatLVOTAg |LIM [CHA I NFK I NYC IN« pS"I I VOStWVOYACE «P SS IIT n
      1,754 words
    • 1097 29 INDEX TO ADVERTISERS P*r Col Pa§e Col ABC Containerline 13 5 Ktoo-Neb Aftacks 14 1/2 Accord Group 8 1-3 Maooline 18 2/3 Ahrenkid Liner 16 2 Madju Sdn Bhd 16 1/2 Albatroa Sea-Air 14 3 •MaerskLine 3 4/5 Alfred C Toepfer 15 5 Mainfrcight 15 4 APL 5 3 MISC
      1,097 words
    • 2128 29 Van*) Voy ETA I ETD 'Fort 'P*n«ng DESTINATIONS TMa Lan M (010 FniK by ■MQTQCSHSESSBI^C2^^BQD^SS9K&CD^9DIIHI cv TV 10 o*oo mm m. Fm a Hi ■■V CFS 22/10 not MRS M Taw, OAK LOB HOU MEM ATI MIA CMS SAL PHL NYC MON TON LAWS M 8010 23/10 24/10 1M Tsio
      2,128 words

  • Page 30 Advertisements
    • 1084 30 J ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE B av 96/527 25/10 18/11 13/11 15/11 12/11 IS/11 HONG KONG EXPRESS 97/531 28/10 14/11 18/11 21/11 18/11 24/11 MONTE ROSA 01/530 1/11 24/11 20/11 22/11 18/11 2S/11 TOLAGA BAY 12/534 8/11 23/11 28/11 28/11 LIVERPOOL
      1,084 words
    • 541 30 rfc~ DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT LJ. BONTANG 28/10 8/11 10/11 15/11 ALSO ACCEPTING CAJtCO VIA SUVA TO: LAUTOKA, PAGO PAOO. APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP LJ. BONTANG 28/10 29/11 30/11 2/12 AI«o accapttag Carp to Callao (Psro) *U V»lp* Agenle; Singapore:
      541 words
    • 1354 30 Un lAAI REGULAR MOEPENOENT FULL CONTAMER SERVICE <- ■WESTSSDHB7SREDROTE VSL/VOY SIN ALG BCL Fa ROT ANT HAM BtE LMA (VIA (VIA (VIA I tea ROT) HAII) N. SHARJAH 9033-3 tSVi S5! Si! £15 88 SB $1 ttSSUftR»-i SI! BE 88 Si! IK 885 BiS 88 81 ALSO ACCEPTING CARGO TO
      1,354 words

  • Page 31 Advertisements
    • 1691 31 flgSlmmera Maritime Holdings Ltd WP&O I m M STRAITS SHIPPING j TOk Containers ACCEPTS DOE SAILS Vo» No PJUni S port STon HTwrg B hovor r<tam Uk CAROO OSAKA BAY 96/527 >T BHUM-21/10 25/10 20/U MfU 16/11 12/11 11/11 rajAH BROOKE V2IE Mu»n Lit KK In Pt 23 Oct HMMM
      1,691 words
    • 1648 31 SP IN MH NAM B'HVN FLX SPO*E HK KAO KM BU CHOYANG SUCCESS OUW 21/10 1/11 *11 10/11 12/11 Ufll CHOYANG CHANCE 049E 23/lfl 2*lo 27/11 30/10 2/U HANJIN HAMBURG (XBW 27/10 14/11 15/U I</U 11/11 I*U NANJIN LENAVRE 000E 2*lo 1/U 2/U VU 1/11 HANJIN ROTTERDAM Oil* 03/11 21/11
      1,648 words
    • 52 31 nm m pie im 20-09. T««» Cng tWg. 101 Cadi St. S'pera 0104. Tall *****13, *****3*. JBHMHB T«te>u «S ***** Ft.* *****34 WEEKLY/REGULAR SERVICE TO EAST/WEST RA'SIA H AMID AH 22/23 OCT SIBU, KUCMINC SENG LEORG 2S 30 OCT KUCHIRG, SIBU SSI ARIKA 22/23 OCT «RARG TRAMSB4JIK 2V2S OCT P.
      52 words
    • 392 31 HfPjyfFfTppfßßffCTßßßyr STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL MURIER ASIAN COSWC EAST STAR CHALLENGER RAINMW VOY. NO 2 US 2 12 Sport MPT M|U *00 2//1B P. Kalant 23/1 D 2VM M/1B Chittagong 101 Calcutta <01 TMM mil mil Nafoya IS/X 1 11/11 Osaka 14/11 Senbo*u 12/U
      392 words

  • Page 32 Advertisements
    • 707 32 RsnmppppMwm CR NBR **********0-0 if EXPRESS SEM-CONTAINEJISNIP SERVICE TO EUROPE jm VSIJVOY SPORE R DA* AO AM H BURG BREMEN ANTWERP. SHIWUATAJ3OWB M-IMI Ufll OJU ZUU Mfl2 KuTAi/nwt u-iju vn an an »i FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAMERIBED CARGO to hduoimnt AlwoMpfcgcigDlDC—blwra. Ro*t Said, Port Alrandrta, Ganoa, TriMte. I ALSO
      707 words
    • 649 32 shipping I yy FULL CONTAINER SERVICE HAN JIN HAMBURG 003W I'VU"" wT IT/H* fjju*" XtvT MK OjVt H. SEATTLEO4€ HANJIN ROTTERDAM 011* 3/11 21/11 22/11 23/11 25/11 26/11 HAN JIN LE HAWEM* WW H. JUiANJK W\ &U CHOYANG VICTORY 050* 11/11 21/11 29/11 30/11 2/12 3/12 HANJIN FELIXSTOWE «4E 5/11
      649 words
    • 1173 32 |iJ T IsSK?«? »isii a E GOLOCN Rt 028 7/U Ml lju MAI WU I*U 21/U 2*U 2*ll 2*ll w au *11 #1 *1 3 E GUIDE RE-ou i(luiyuwafuwwiiiuwwwHjuwww tn m un m I I ALSO ACCEPTING CARGO TO: I I W tnuMMCTM bSm&letc 111 TO wobmiim. i> mwtrul. tonobtto
      1,173 words

  • Page 33 Advertisements
    • 1693 33 > NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****89/*****50 CFS: K27 EXPORT: *****53/*****04 urpi lUC SDN BHD MALAYSIA IJUTO) *****33, P.Keteng-(03) *****87,
      1,693 words
    • 1040 33 &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 I uxomc fot »trr»ou«) 7| w«u mm |BWK |HMMU|WMW» I wim turn hum tmm bhawi trjmrt in ngffggt"! imtm |«i I m
      1,040 words

  • Page 34 Advertisements
    • 1369 34 11 13 K LINE/ I KAWASAKI KISEN KAISHA, LTD. f EXPORT N. AMERICA PACIFIC SOUTH-WEST MPOffT N. AMERICA PACIFIC SOUTH WEST j /kiss?t3s" sr rasaM* ra. as ass g/sßfss. ra» ssh? 7 [H LIONS SATE BRIOtf 30,10 3110 ill HMKHIWW 9 2*ll 2*ll 30,11 2/12 GEORGE W BRIDGE 3,10 *10
      1,369 words
    • 1061 34 vjrt PHIU-ORI€NT LINCS PTC LTD 1106 ROBINSON ROAO #07-00 GMG BUILDING SINGAPORE 0106 X TEL: *****22/*****68/*****00 TELEX: RS ***** PHNJ FAX: *****76/*****38 aV4/a LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 2T OCT MONTREAL, OTTAWA, TORONTO, 29 OCT DUBAI, DAMMAN, SHARJAH, DOHA,
      1,061 words

  • Page 35 Advertisements
    • 1510 35 aaaaPff pacific international lines <pte> ltd HUH! PIL Building, 140 Cecil Street *****, Singapore 0106. VESSEL vOl SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA PANJANQ OMa 22/1* 84/10 KOASUS PtONCER 104N 24/10 20/10 30/10 EDCN BOM 20/10 MHO 1/11 MA QLOMV MN 23/10 17/10 JOno OCLTA MAS 17W
      1,510 words
    • 889 35 r BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint m iLm Fax: *****63 Singapore 0208. Telex: RS ***** VESSa VOY SPORE P.KLAN6 S-HAMPTOW "HAMBURG "ffHAVEN ffOAM L'HAVRE Osaka Bay* 96/527 25/10 19/11 13/11 15/11 12/11 18/11 Hooa Kono Express 97/531 28/10 Via To! 14/1 18/11 21/11
      889 words
    • 63 35 I JORDAN FAR EAST LINE S.A. I REGULAR MONTHLY BREAKBULK I SERVICE TO REO SEA PORTS I Vessel/Voy IS'POREIbKK ItG- MAWI ISKAN I FOR T I Hodctdah PIVA I 1/11 I 5/11 19/11 23/11 JCOOAH, JFOOBW I I I II AQABA LOAD FM E. M'SIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT. General
      63 words
    • 295 35 M MYANMA FIVE STAR UNE I (Myanmar National Una) Loading for Yanfon (RaafOOß) i S'pora P-Klf Pwi P«* HPA-AN VISSW Wi Pt MYOMAYWA VUOBf W Od PAGO V3IW 24/* Oct PINYA VIIIW MPS Oct >S4THE BANK LINE (A Mrvtc* of Andrew Wolr Shipping) XT SEMI-CONTAINER SERVICE W HEAVY LIFT CAPABILITY
      295 words



  • Page 38 Advertisements
    • 782 38 '^n^ngigß^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO WORTH CONTINENT OUTBOUNO SIN I FIX I BRV I ROM I ANT I NBC I RST THuuiNaN tm maT u/u ts/u ii/u am 21/u PANAMA m m am 221U aiu s«u wi aiu EUROPEAN SEN WW I*U l/U 7/U *U I*/12 12/U
      782 words
    • 1088 38 TEL: *****88/*****22 SOUTH PACIFIC REGIONS DIRECT SERVICES TO SIN SUVA LAUKOTA 28/10 12/11 18/11 20/11 4/12 8/12 FAR EAST PORT KELANG 26/10 3/11 MANILA 27/10 3/11 PENANG 26/10 3/11 BUSAN 25/10 4 31/10 BANGKOK 25/10 4 28/10 TOKYO 25/10 1/11 HONGKONG 25/10 4 28/10 YOKOHAMA 25/10 4 1/11 KAOHSIUNG 24/10
      1,088 words
    • 291 38 10AMNCFM KtSttL fsfoi? CM ONN lAIRES WIOEO DO m ffl PAOJA wktwhii m urn am sa m opt VJMLI DISCHARGING m BRA7IL QUIT SPOREIhNL NH KEE SUSAN TOK MR KM ■osmiN i »i *11 ivu wi win/ii am *w VMM! Regular BBirik and Containar Sarvtca Dlracl to Turtay, R»d 8••/
      291 words
    • 1168 38 te t *3? CHINA OCEAN SHIPPING COMPANY w TEL- 220 M 1 TOaa'ar 'FULL CONTAINER LINER SERVICE aSe W CR NO: 117S7M000M CABli CWTARUNI General Agents: COITAIWWNOFIILTP W^I^pImNHHNRHHHHHRhNNNHmS VESSEL/VOT M MT Ml W DB VESSEUVOY "J MT MB ART a 0» I 1 Mac Him* am um am am am
      1,168 words

  • Page 39 Advertisements
    • 955 39 rSnBRSI MARINE AGENCIES (S) PTE LTD A TEL: *****33 (12 Unaa) K FAX: *****16/*****03 TELEX: R8 ***** RMHIP (3 Unaa) pP\ ETMOPMN SMPPMG UNB r J (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY LOAttNO TO* METSAMET 20¥* i Wli OAHE3SALAAM MOMBASA OJWOUTI ASSAB MASSAWA ABYOT am 2vu
      955 words
    • 792 39 IfASKAPAI PELAYARAN PapULAU LAUT I FULLY WBBKE FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE I BETWEEN THE POUTS OTTRJRE, INDONESIA, I MALAYSIA I THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. |> WE SERVE FOR BOOKINGS CALL SPECARGO I FORWARDING AT TEL: *****55 l unvnm VOY SIN JKT PAJSIN I PUL
      792 words
    • 538 39 BANGKOK CEBU/MANILA BHBHH H^Mm iowjim aw wm *<oo 27p0 so orient or aw i/un nanta bhum un nm am im am kjti who m yu m tm siri won ootn Ff< am om» am so ottuiT «a> yu nu mqi MAMA BNUOM 32N s» Ml W W KJTI MUM 4K
      538 words
    • 323 39 TO AUSTRALIA/NEW ZEALAND [~~¥i [w »>injr |M I |> i>in<j»Mfc Nan m ma w urn iu Sju Su muskl m «u mu wu 5u "55 «5 c. vonuk a am 5u 15 "55 55 S5 immma m~ ~vi i 35 Drs 55 sfu S5 U DATS TO MEUBOUKHK TO USA/CANADA
      323 words

  • Page 40 Advertisements
    • 921 40 A MAC-NELS SIN WOKE Ih»MT IE: ttiWtt j IWftBT TIL t2imf PENANG TEL: (04) *****6 KK TEL: (068) *****0 TAWAU TEL: (069) *****9 KELANG TEL: (03) *****77 KUCHING TEL (062) *****3 SKAN TEL: (089) *****2 I j BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 X
      921 words
    • 42 40 I 1 hn lain Ftr I NV TIN 3 03/NOV SHANGHAI XINCANC I NV XINHENG 10/NOV HUANGPU GUANGZHOU I NV KAIHCNG JO-B/NOV HUANGPU GUANGCMOU I BMWII I NV TIN 549/NOV ANGOLA I ALL VESSELS ALSO ACCEPTING SINGAPORE/HONGKONG CAMO J SUBJECT INOUCENENT M
      42 words
    • 335 40 BLUE STAR UNE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING RCL ft LCL FOR AUCKLAND, NAPIER, WELUNGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTKLTON, INVKRCARGIL, FIJI AND TAHITI SIN N. PIT AUCK LYT MUIBERA Ui MM 2No« VtaNPi 4 Hn PROSPECT OK
      335 words
    • 892 40 jm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING UNEB) SINGAPORE TO WEST MALAYSIA I SINGAPORE TO SABAH una wi it* bpt rasa wi in kit KIM SOON LI 41/90E 22 OCT PENANG
      892 words
    • 296 40 /CTonSDCRv I C®/* WOWBULK CAMO MRMCU LTO. I MGUiAI CONVENTIONAL I I TVMBBt AND PIVWOODJgVgS| I SP PK LOADING FOR I I ssrsss>%% ss si sas I ISNK/SABAM LOADING FOR I LAOY II NBT-M la ft TUTIOUORAS' I I SP P« LOAWNGFOR I I TMt JVM VU DURBAN I I
      296 words

  • Page 41 Advertisements
    • 699 41 Imijn COMPANIA PERUANA TOE* DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Poranf* P. Kalang Singapore KAMAL EVERETT K3O/24 Oct THOMASCVERETT 01/03 Nov 04/05 Nov KARABtEVERETT 11/13 Nov 14/15 No* "EVERETT ORIENT LINE"
      699 words
    • 593 41 VSL IVOY fe'PORE hmwiiwtn (LAX |KST [SAV |NYC [HfX 71* SINGAPORE 3K 20/14 IM TOKYO 1/12 WU U/17 l\U ES ZMELAT Ui 31 10 tin TOKYO 1/U 10/12 13/17 IVU 1702 tM TRIESTE IX llfU ZIH PUSAN WU IVU 22/17 2*A2 bs/12 {Mi KOPER 1* 74/11 ZIM SAVANNAH H/12 VI
      593 words
    • 617 41 MSING HWANG HANG BMPPM4M A TRAMPORTATNM (PTI) LIS WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 25/10 28/10 JENWEL 25/10 28/10 VESSEL SPORE BANGKOK A VESSEL 26/10 29/10 A VESSEL 28/10 31/10 DESTINATIONS ETA SM4QAPORE PORT KELANG 26 OCT MANILA 27 OCT HONG KONG, ALL CHINA PORTS 27 OCT KEELUNG.
      617 words
    • 475 41 n PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SM JKT MY PRASETIA 113 A 24/10 27/10 PELOPOR 959 27/10 30/10 PRASETIA 11SA 31/10 03/11 PELOPOR 960 3/11 6/11 TANTO UTAMA 115 26/10 29/10 TANTO UTAMA 117 03/11 06/11 TANTO UTAMA 119 10/11 13/11 General Agents
      475 words
    • 367 41 SIN FAMEAfT 28/10 KEELUNG/KAOHSIUN6 28/10 BANGKOK 26/10 MANILA/CEBU 20/10 JAKARTA/BELAWAN/SURABAYA 26/10 PORT KELANG/PENANG/E. Malaysia 27/10 BUSAN 29/10 TOKYO/YOKO/KOBE/NGO/QSA 23/10 HONG KONG also accepting cargo to Huangpu/Shenzhen Fuzhou/ Xiamen/Xingang/Shanghai MEMP{/R t —r T* T w 27/10 LDN/FLX/LVP/SOU 27/10 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hunpry/Roumania/Potand/Bulgaha/Czech. SIN WtA/fiAHAIA 27/10 LOS ANGELES/NEW
      367 words

  • Page 42 Advertisements
    • 479 42 CB SHIPPING MARINE SERVICES NORTH QUtINSU»D(P«PU« CUIHIA S£»VIC£S CONTAINHI/LCI/BMAKBULK SCR VICE "AMICE" SERVICE SPf FOII Ml SI HA LAC rVIUI i ICS M-2VIO Vtl Ifll Vll *13/11 !:!5 aSu vu «u i/u na/u T/SWF -9m *m" U la *11 *U imttcM,. BUNKER SURCHARGE EFFECTIVE VISSB TEU U5056.00 BAULK USD 5.40
      479 words
    • 604 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MEN SIN TRIESTE KM. V.lB-90W 22/10/90 18/11/90 7/11/90 12/11/90 K.V.T. V2OCW9O 24/10/90 14/11/80 15/11/90 20/11/90 SO. V 19-90W 2/11/90 27/11/90 17/11/90 22/11/90 B.A. V.21CW90 7/11/90 27/11/90 29/11/90 3/12/90 A.N. V.20-90W 15/11/90 12/12/90 2/12/90 7/12/90 ALSO ACCEPTING CAftOO FOR UILAMO
      604 words
    • 289 42 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 25/10 28/10 Iju 4/11 HONG KONG 24/10 27/10 30/10 5/11 "BUSAS 25/10 1/fi 7/11 14/11 "BANGKOK 26/10 28/10 2/fi 4/11 MANILA a/10 02/fi 12/11 22/11 Isi 27/10 3/fi Uyfi 17/11 KYC LINE (8) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 01
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    • 451 42 OCEttnSERUICE TO/ F Qfi} KL: allied-LINK SINGAPORE: /f7^v\ 0+*****2 *****8058 778 8822(22 lined (90® Marina Onj Sumo Nfl/Chrtattna CMa« DoWy NMrpurVEMhar Yap flTl) ISVJ! EO SHnTDiG AGENCIES PTE LTD \JSjja H Tlx: RS ***** NEOSHIP Fax: *****68 Ta<: *****28 (8 Una». A VSL I OCT CHITTAGOMG/CALCUTTA A. VSI IS OCT
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    • 256 42 FCL/LCL SERVICES MANILA ETA VI6OUR PACIFIC 19MB 23/10 VIGOUR PACIFIC 20NB 3/11 BANGKOK 28/10 4/11 BUSAN 27/10 5/11 HONGKONG 27/10 29 10 DURBAN g/M) 15/11 KEELUNG 28 10 4/11 PT. LOUIS 25/10 15/11 PT. KELANG 26/10 2/11 KOBE 2MO VII PIRAEUS 30/10 9/11 OSAKA JAKARTA 28/10 30/10 SURABAYA 27/10 31/10
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  • Page 43 Miscellaneous
    • 421 43 TIDES AND WEATHER TODAY'S TIDES (height in mttres) it 13 15 25 12 1J L 3 LI 19 IjO L 3 11 21 3.0 10 21 13 L 7 LI 17 05 04 Oi LO L 5 PP 14 21 15 13 11 1.4 LI 19 11 L 3 1.9
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  • Page 44 Advertisements
    • 262 44 CHARTPOINT 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 For Enquirta Call CALVIN HO/DANY LAU I Hill HIAP HOE SHPPMQ ENTERPR6E I 9i|| J TEL: *****06 FAX: *****10 \JUS TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA A6UN6 KUALA
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    • 714 44 ▲HYUNDAI MERCHAKT MARINE CO. LTD, EABTBOUNO TO USA 11 WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA ON FROM PSW VOY LIN OAK SCA HKC SIN HYUNDAI INNOVATOR 3CE *10 2*lo 11/U W1 17/U 11/U LALANtMA MR 10/00 21/00 M/M 12/10 21/10 HYUNDAI EXPLORER JSC 25/10 1/11
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    • 433 44 > S The Watermark cotamn has beea held over UK/CONTINENT (TRIO) irrau irioM h-mnis riu« ran in t-1 homgxonc otr visa am mm uni Su iMrtM :t« 9mm < ■o*n tosA i»s* i/ii am am am Mru am :n«nuiMMiKNUariMik TOLACA MT U/W <U BJU MtU am MEDITERRANEAN (MED CLUB)* JEDDAH
      433 words