The Business Times, 23 October 1990

Total Pages: 46
1 46 The Business Times
  • 10 1 Business Times MCI (P) 170/12/89 Tuesday October 23 1990 75*
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  • NEWS SUMMARY
    • 76 1 SOUTH KOREA'S 1990 gross national product is expected to grow by 8.8 per cent in real terms, with the country's current account seen recording a deficit of US$l.7 billion, Bank of Korea Governor Kim Kun said yesterday. In a meeting
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    • 46 1 The US economy is stagnant due to weak private consumption and sluggish corporate profits, the Bank of Japan (BOJ) said in its monthly report on the world economy. A BOJ official attributed the weak demand and profit picture mainly to high oil prices.
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    • 30 1 THE Singapore Export Centre is planning the setting up of promotion offices in Myanmar, Vietnam, China and Poland over the next 12 months. M Page 2
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    • 27 1 AUSTRALIA should concentrate on developing markets in the Asia-Pacific region to counter European agricultural protectionism, says a National Australia Bank report P»ge 7
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    • 39 1 THE GATT talks are threatened with collapse as a result of the ECs failure to accept even a modest plan to reduce farm subsidies, say officials from the US and many other nations. Page 8
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    • 32 1 KEY economic indicators show that Australia is slowly but surely sinking into a recession many now believe could be worse than the slumps of 1974-75 and 1982-83 Page 10
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    • 42 1 IN their opposing ways, Claude Montana and Christian Lacroix each gave a rocket boost to high fashion at a recent show, while the avant-garde at the French ready-to-wear shows kept spinning around in the same cwfcit Page 17
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    • 32 1 TOP MANAGEMENT changes at American President Companies's local office are taking place, in line with the shipping giant's company-wide efforts to streamline operations and reduce overheads. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 36 1 WALL STREET declined in early trading yesterday, pausing after last week's rally. The Dow Jones average of 30 industrials dropped 24. SO points to 2,496.29 at 1430 GMT in the first hour of trading.
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    • 30 1 LONDON share prices were higher at midday yesterday following better-than-expected British trade figures. At about 12:15pm London time, the FTSE 100-share index was up 4.4 points at 2,093.4.
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    • 35 1 WING TAI Holdings will proceed with the planned purchase of three British Virgin Islands-incorporated companies in spite of the termination of the placement agreements by Smith New Court Page 3
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    • 20 1 MANUFACTURING has emerged as the biggest revenue generator of property company First Capital Corp Page 3
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    • 33 1 US banks need to cut dividends, issue shares or merge to raise the capital needed for a sounder and safer industry, says a US Federal Reserve governor Page 6
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    • Article, Illustration
      29 1 Monday Chaage BT-MGA 581.15 +19.84 Kuak Lumpur ....495.75 +18.96 Hongkong 3,015.56 +23.61 TokyoTT. 25,070.86 589.37 Sydney 1,364.6 -4 Friday Ommge New Yoric 2,520.79 +68.07 London 2,089.0 +6.4
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    • 18 1 USS S$ 1.7055 Yen S$ 1.3504 M$ SS0.6324 McMy Mrint ratet Overnight 6-5/8 -3/16 3-month 6-9/16% unch
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    • 33 1 London Gofcl PM fix US$367.50 -US$4.50 Store Nov l53.75*/kg -1.25 M'sia Nov 238.50»/kg unch KLlli Turnover 30 tonnes -5 Spot M$l6.28/kg +0.11 Cratfo natan oH Turnover 657 lots +100 Nov M$688/tonne +7
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  • 317 1  -  Fall in oil price, rise in Wall St lift sentiment By Diana Oon NEWS of the landslide victory by Malaysia's ruling National Front coalition in the weekend polls kick-start-ed the Singapore and Malaysian markets yesterday, coming as it did on a day when all
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  • 491 1 Agencies MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad has won a third term in office by routing a combined opposition challenge, emerging with a comfortable two-thirds majority in the weekend general election. His 10-member multiracial National Front coalition took 127 of
    Agencies  -  491 words
  • 102 1 ACTING Prime Minister Goh Chok Tong yesterday congratnlated Malaysian Prime Minister Dr Mahathir Mohamad and his depnty Ghafar Baba on their election victory. The victory reaffirms Dr Mahathir's position as the lender of Malaysia, Mr Goh said. He added that he looks forward to
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  • 508 1  -  Group may want to forge joint ventures By Loh Hui Yin BRITISH PETROLEUM, a relative latecomer to this region, is keen to do more business in East Asia. The area now accounts for only a tenth of the group's annual turnover.
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  • 187 1 Reuter OIL PRICES plummeted yesterday as fears of a Gulf war eased after Iraqi President Saddam Hussein told a former British prime minister that Iraq wanted a peaceful end to the crisis. The key US crude, West Texas Intermediate, was offered in
    Reuter  -  187 words
  • 391 1  -  By Conrad Raj JAPAN AIR LINES, which has been trying hard to find a suitable hotel in Singapore to manage, is now negotiating with Hotel Properties to run its proposed new hotel on Cuscaden Road. This was confirmed by a Hotel Prop
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  • 193 1 Reuter BRITAIN'S trade gap fell dramatically last month to the lowest moAthly figure for three and a half years, according to official figures released yesterday. The country's current account deficit declined to £845 million from August's £1.2 billion (US$l.67 billion from U552.35 billion), the
    Reuter  -  193 words
  • Page 1 Advertisements
    • 195 1 PHOTOKINA g 90|i The sensational NEW Nikon Z F6Ol Power Blitz See Page 7 fcrcnft Sctodute 27 Money Change* Rates 27 World News 8.9 Commodrtm 26 Money Market —25 Cryptic Crossword 27 Reponal News 7 EM 10 Regional Stock Markets 24 For market micas, adrtonal. Franc* News 6 SB 19,
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    • 6 1 Leader, Pg 10 Focus, Pg 14
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    • 83 1 PHOTOKINA g M The sensational NEW Nkon Z F6Ol Power Bitz- See Page 7 Saodis hiat at deal with Iraq, Back Pg Carter jewelery is sold exclusively in the Car tier jewellery stores and Les Must de Carter boutiques vv>i^ Each piece is accompanied by a certificate QuaranteeinQ its authenticity
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  • HOME NEWS
    • NEWS ROUNDUP
      • 83 2 THE Commander-in-Chief of the United States Pacific Command, Admiral Huntingdon Hardisty, arrived in Singapore yesterday for a three-day visit. He met the First Deputy Prime Minister and the Minister of Defence, Goh Chok Tong; the Minister for Trade Industry and Second Minister for Defence
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      • 68 2 THE healthcare community can spend more time on healthcare while a computer network, MediNet, handles administrative details. The resulting efficiency will help curb the rapid increase in healthcare spending, which has doubled from $735 million in 1982 to almost $1.6 billion to date, said the
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      • 66 2 KOON SENG Construction Pte Ltd has beaten 11 other contractors to clinch the job of rebuilding Raffles Girls' Secondary School at Anderson Road. Koon Seng submitted the lowest bid of $20.69 million, about $6 million less than the highest tender submitted. All the contractors estimated it
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      • 62 2 THE 25th Anniversary Charity Fund to raise money for the under-privileged closes on Dec 31, and all monies for the Fund should meet the deadline. The Ministry of Community Development (MCD) should be informed of any fund-raising projects for the Fund that extend into the next
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      • 58 2 SIX training institutes of the Vocational and Industrial Training Board (VITB) will be open to the public this Thursday and Friday. The Open House, which will last from 9am to 4 pm, will be held at Ang Mo Kio Vocational Institute (VI), Bedok VI, Jurong VI, Pasir
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      • 42 2 THE stretch of Orchard Road from Scotts Road to Killiney Road will be closed this Sunday from 4 pm to 10 pm, says the Public Works Department. The regular road closure is the eighth for Orchard Road this year.
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      • 64 2 THE Bukit Batok Community Centre is holding a forum this evening at 7.30 pm on "Perspective on Lower Income Groups in Singapore". Organised by its Current Affairs Club, the speaker will be Dr S Vasoo, Member of Parliament for Tiong Bahru GRC. Dr Ong Chit Chung,
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      • 49 2 RABOBANK Asia will host a seminar entitled "Beyond Oil Prices, German Unification and Europe 1992: Market Changes and Opportunities" next Wednesday. Open to banking and financial institutions as well as selected clients, the seminar will be held at the Marina Mandarin Hotel from 9:45 am.
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    • 348 2  -  By Sangeeti Mulchand THE Singapore Export Centre (SEC) is planning to set up promotion offices in Myanmar, Vietnam, China and Poland over the next 12 months to help its members trade in these countries. Part of the function of the
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    • 254 2 LOCAL manufacturers of building materials are set to further tap the boom in the Thai construction industry at Buildtech '90, a four-day exhibition that will be held at the Bangkok Convention Centre from Thursday. Led by the Trade Development Board, 16
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    • 479 2  -  By Anna Teo AMERICAN businessmen in the region are expected to renew their call for greater United States export financing and promotion when they convene in Singapore this week for the 44th meeting of the Asia-Pacific Council of American Chambers of Commerce
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    • 271 2 A SURVEY is being done of American firms in Asean to gauge their response to the idea of cooperative education, a US initiative mooted at the Asia Pacific Economic Cooperation conference here in July. The programme, dubbed APEC Partnership for Education,
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  • Page 2 Advertisements
    • 112 2 SIEMENS I Versatility and qualitySiemens in Southeast The scope of Siemens in *>' Southeast Asia extends across a wide j spectrum engineering electronics. telephone systems B the power B plants B. Kong B^B factory Korea a name stands for over 5000 Siemens employees customer They are any problem, they are
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 423 3  -  By Conrad Raj WING TAI Holdings is going ahead with the purchase of three British Virgin Islandsincorporated companies despite the termination of an agreement by Smith New Court Far East to place out part of the 25.15 million new shares it was to
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    • 465 3  -  By Lee Hen Shih MANUFACTURING has become the biggest revenue generator of First Capital Corporation (FCC), but the listed property company still derives most of its profits from its property businesses. Evidence of the transformation of the former purely property counter to a
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    • 322 3 Bernama BOUSTEAD Holdings Bhd is cautious about the prospects for its plantations operations in the short term given the continued weak commodity prices, says outgoing chairman RM Alias in his annual statement. However, he said its trading and property operations should record more
      Bernama  -  322 words
    • 417 3  -  MARKET TALK By A1 O Labita Jr MANILA'S stockbrokers are bullish on the profit performances of the two Philippine ventures of Singapore's Keppel Corporation in the current financial year as well as the next. In their forecasts, brokers say they expect Keppel Philippines Shipyard Inc
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    • 344 3 Bernama SEREMBAN-BASED Kimara Securities Bhd, which is expected to be listed on the Kuala Lumpur Stock Exchange's main board on Nov 16, has plans to tie up with a foreign broking firm with extensive international network, its chairman Mr Jaya J B Tan said
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    • 227 3 HOTEL ROYAL, which is showing stroaf earnings growth from its core business, b gearing up for a venture into Malaysia real estate. Ia a brief aaaouacemeat yesterday, the company said that it has acquired a dormant Malaysian company, General Prestige Sda Bhd,
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    • COMPANY BRIEFS
      • 75 3 PENTEX-SCHWEIZER Circuits has been granted a post-pio-neer certificate by the Economic Development Board for the manufacture of industrial grade, double-sided and multi-lay-ered printed circuit boards. During the post-pioneer incentive period, the company's income from qualifying activities will be taxed at a concessionary rate of 15 per
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      • 86 3 FOLLOWING the restructuring of the major shareholders' interests in Cold Storage Holdings, Goodman Fielder Wattie (Asia) Pte Ltd has exercised an option to acquire 62.18 million shares from majority shareholder, Food Investments (SEA), for $103,126 million. Food Investments was a joint venture formed by
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      • 50 3 AT THE same time, Fraser Neave has exercised an option to purchase 18.66 million Centrepoint Properties shares from Goodman Fielder Wattie (Asia) for $39.93 million. With the purchase by FAN, GFWA will no longer own any Centrepoint share and consequently, will cease to be a substantial shareholder.
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      • 36 3 POSBank has bought 22,000 shares of General Securities Investments (GSI) on Oct 19 for $26,194, bringing its stake in the DBS-backed closed-end trust to S.S4 million shares, or 10.07 per cent.
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      • 46 3 TEMASEK HOLDINGS gave notice last Saturday that companies associated with it have sold in total 351,000 shares of Singapore National Printer between Feb 28 and Mar 20 for $700,820, leaving it with a deemed interest of 51 per cent in SNP.
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      • 27 3 ELECTRO-MAGNETIC (S) Ltd has appointed a new director Mr lan Millington Dicker to its board. The appointment took effect on Oct 10. i
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      • 90 3 FABER MERLIN Malaysia Bhd has recommended that shareholders approve its restructuring proposal in an effort to revive the group's flagging fortunes. In its independent advice circular to minority shareholders, Faber Meiiin said the restructuring proposal would be the best alternative to revive the group and restore it
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  • Page 3 Advertisements
    • 98 3 terexlß Rigid Trucks I Articulated Dumptrucks I Wheeled Loaders I Motor Scrapers I I Terex Singapore. I Terex Division I Terex Corporation I 15, Benoi Sector Singapore 2262 I Tel: *****09 Fax: *****45 I Sole Distributors: I Singapore: Indonesia: I I SOON P.T. ULAH ESTI SUKUR I 6, Benoi Road,
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  • REGIONAL COMPANY NEWS
    • 379 4 First face-to-face meeting in the three-year feud over cable and satellite deregulation HONGKONG Cable Communications (HKCC) and Hutchison Whampoa today are to meet face to face to discuss television broadcasting rights in Hongkong, the Sunday Morning Post said. The meeting will be
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    • 513 4 DESPITE building up some US$l4 billion in debt, the EIE International group of Japan has no plans to slow its growth, according to the Sunday Morning Post. Some of the group's most notable actions include bringing to Ho Chi Minh City a floating hotel and
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    • 152 4 THE Sahapatanapibul Group, one of Thailand's leading consumer products manufacturers, will team up with a Danish food producer to make cookies, The Nation reported on Saturday. Last week, the group announced the creation of joint venture President Danish Foods Co between subsidiary Thai President Foods and the
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    • COMPANY BRIEFS
      • 90 4 Bid for five SET 1 seats may breach 100 m baht BIDDING FOR five new stock exchange seats to Thailand may reach higher than 100 million baht (about HKS3O.3 million) and could go as high as 200 million if forctga joint ventures participate, according to Hongkong's Sunday Morning Post. The
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      • 104 4 MATSUSHITA Electric Industrial Co Ltd group is likely to buy about 12 billion yen of US-made semiconductors as a result of a recently returned chip-buying mission to the US, a company spokesman said. The spokesman said most of the purchases would be made by July
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      • 78 4 CREATIVE Investment Ltd announced in Hongkong plans for a three-for-one rights issue of 365.91 million new shares at HKSI.OB each. Each four rights shares carries a warrant convertible into one share also at HKSI.OB. The proceeds of HKS39S million before expenses will be used to buy
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      • 66 4 LJ HOOKER, a unit of Australia-based Halwood Corp Ltd, said it sold its Forest Fair Mall and related assets outside Cincinnati to The Bank of Nova Scotia for an undisclosed amount. In August 1989, LJ Hooker and several of its units filed for protection from
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  • Page 4 Advertisements
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    • 47 4 m j; Young Professional A *10 years experience in Banking I (Corporate Finance). 1 Speaks Vietnamese, French, English. ||j Seeks part-time position. m j£• please reply to: m Business Thnes §1 m U Box N0.***** m 111 Somerset Road m #13-06 PUB Building eg Singapore 0923 B
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  • INTERNATIONAL COMPANY NEWS
    • 432 5 NYT PATHE Communications Corp said on Sunday that it had agreed to sell to Turner Broadcasting System the exclusive rights to show some of Hollywood's most popular films if Pathe completed its planned acquisition of MGM/UA Communications. The agreements include the exclusive television
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    • 294 5 Reuter IN THE high-tech yet trendy world of consumer electronics, having the most advanced technology is often less important than marketing clout or consumer whims. Sony Corp's Beta video tape format, despite what most technical experts thought was superior picture quality, lost a marketing battle
      Reuter  -  294 words
    • 235 5 Reuter POLLY PECK International pic was expected to go into administrative receivership yesterday or today, the Independent on Sunday newspaper reported. It said the fruit-to-elec-tronics conglomerate was holding last-minute talks with holders of its commercial paper, a form of short-term debt, but bankers held out
      Reuter  -  235 words
    • 275 5 AP THE COMPANY that brought the all-purpose Swiss Army pocketknife to the US is now offering products that do more than open wine bottles, strip wire or gut fish. Forschner Group Inc, the US distributor of the multiblade red knives with silver crosses, has expanded
      AP  -  275 words
    • COMPANY BRIEFS
      • 86 5 LORD HANSON, Britain's premier corporate raider, is believed to have entered the auction for British Sugar, the Sunday Telegraph said. The newspaper said news of Hanson's interest would introduce a new level of interest in the auction organised by merchant bank Schroders, which
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      • 85 5 THE Canadian Auto Workers Union said talks oontinued through the weekend in the search for a new three-year contract with Chrysler Canada. They've been meeting all weekend," a union spokeswoman said. Tomorrow (Monday) morning Chrysler will present their first economic offer and we will find out
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      • 112 5 THE Kuwaiti Investment Office (KlO)'s agent in Spain, businessman Javier de la Ron, told Spain's National Radio the group was in good financial shape and was studying the expansion of its investments in Spain. w Although it appears contradictory, we are in a very liquid situation
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      • 91 5 INSUFFICIENT roads and railways could slow down economic development of former East Germany, management board chairman of Volkswagen AG (VW) said. "When the luge flow of investments begins, the flow of goods will rise six or seven-fold. It is a mystery on what roads and
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      • 72 5 THE HEAD of German electronics group Siemens on Sunday criticised efforts by Japanese computer chip producers to dominate their European competitors. Karlheinz Kaske said in an interview published by German newspaper Welt am Sonntag: "Japanese manufacturers must be made to feel that they cannot make us
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      • 56 5 A MYSTERIOUS investor agreed to to pay $560 million for the assets of an Islamic investment company whose owners are aocuscd of cheating savers out of millions of dollars. Lawyer Rashad Nabih, acting for the anonymous investor, the deal in an Egyptian court with the owners
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  • Page 5 Advertisements

  • FINANCIAL NEWS
    • 456 6 Federal Reserve gives answers to ailing industry Reuter US BANKS will have to cut dividends, issue shares or merge to raise the capital needed for a sounder and safer industry, Federal Reserve Governor David Mullins said on Sunday. "We must admit there
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    • 282 6 Bernama THE Kuala Lumpur Commodity Exchange sees the introduction of a financial futures contract as a way of attracting new, well-capital-ised players to inject muchneeded liquidity into the exchange, says chief executive Syed Abdul Jabbar Shahabuddin. Syed Abdul Jabbar, noting that the only
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    • 323 6  -  By Quak Hiang Whai ICHIYOSHI SECURITIES, a medium-sized Japanese brokerage house that is linked to the securities giant Nomura, will open a representative office in Singapore tomorrow. The Osaka-based Ichiyoshi said the Singapore office will conduct research and collect information on regional companies,
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    • 208 6 WESTDEUTSCHE Landesbank Girozentrale, the largest state-owned bank in Germany, will open an offshore branch in Singapore next month. The branch of WestLß, as the group is commonly known, will offer a wide range of financial services covering treasury, syndicated loans, corporate advisory services,
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    • 99 6 BARCLAYS pfc, the second biggest bank in Britain, denipd yesterday that it was planning to split up its operatic* iwa two separate banks. I can totaDy deny those clays spokesman James Poole said in Loodoa A number of Sunday newspapers reported that
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    • 93 6 SANWA BANK is considering setting up a finandngtonture in Shanghai with several Chinese and Hongkong banks, a Sanwa spokesman said in Tokyo yesterday. The would not comment on a report in the Japanese daify Tokyo Shimbun on Sunday that Sanwa would sign a contract on Oct
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    • 106 6 TWENTY-TWO PEOPLE are on trial in Ho Chi Mmh City for alleged involvement in a financial scam that tod to the collapse this year of Vietnam's new unregulated aid* syrtem. The Lao Dong newspaper said last Saturday that NgayenVan Muoi Hai, former director of
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    • 92 6 THE ITALIAN ECONOMY is not yet ready for monetary union within the European Community, the governor of the Bank of Italy, Carlo Azeglio Ciampi, said in Verona over the weekend. He said the Italian budget urgently needed to be put in order, from both
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    • 2 6 Dollar$ Non$en$e
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  • Page 6 Advertisements
    • 188 6 FACE THE FAX Get Ahead In With our feature-packed Telecom facsimile machines, you can transmit Business With Telecom important data faster, dearer and better. In today's fast-paced business worid, > More than enough to outstrip your there's no room for stragglers. To stay competitors. ahead of the pack, the We
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  • THE REGION
    • 356 7  -  From Flereace Choag In SYDNEY AUSTRALIA should concentrate on developing markets in the Asia-Pacific region to counter European agricultural protectionism, according to the September issue of the National Australia Bank's quarterly summary. It says that substantive cuts in European agricultural protectionism should not be
      356 words
    • 40 7 New Zealand Prime Minister Mike Moot* of the Labonr Party (Ma the Aaniha-npwhile hit wife looked ondariag a s top in Aackland yesterday. New Zeaiaaders will go to the polls this Sstarday in nationwide elections. Reuter picture
      Reuter picture  -  40 words
    • 335 7 IHT UNCERTAINTY over oil supplies is prompting Indonesia and the Philippines to expand their efforts to tap the earth's heat energy to generate electric power. The urgency of their efforts differs, however. Indonesia has probably the largest geothermal potential of any country, officials say, but
      IHT  -  335 words
    • 285 7 Reuter INDONESIAN rubber producers, under pressure from low prices, will concentrate on improving quality and productivity to become more competitive in the world market Sutrisno Budiman, executive director of the Indonesian Rubber Association (Gabkiado), said the Gulf crisis had put prices, already low
      Reuter  -  285 words
    • 57 7 THE INDONESIAN GOVERNMENT has lifted export taxes cm IS kinds of wood products. A Finance Ministry spokesman said yesterday that products now exempt from export tax include decorative mouldings, blocks for railway tracks, wall panels, ship laps, laminated wood for trucks, ship decks,
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    • 71 7 AUSTRALIA will provide just over Asl million to Cambodians displaced from their homes by military activity. Foreign Affairs Minister Gareth Evans said on Sunday that 150,000 people in nine provinces need emergency ssirittsnrr, according to Cambodian government sources. The money, to be made available immediately, will
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    • 92 7 NEW ZEALAND Prime Minister Mike Moore said that the Inland Revenue (IRD) staff dedicated to ooHwting unpaid taxes would be doubted to tackle NZ$759 million in overdue taxes. He said the amount due but not paid by June 30 this year represented 2.98 per cent
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    • 86 7 FOUR BRITISH PARLIAMENTARIANS, including former Liberal party leader Sir David Steele, left London on Sunday for a 10-day tour of China and Hongkong The visit is the first to China by British parliamentarians since the student massacre on June 4, 1989, in Bering's Tiananmen Square.
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    • 76 7 SOUTH KOREA will provide up to US$3 billion in various loans to the Soviet Union for three years starting in 1991, news reports said yesterday. The South Korean government will propose a US$3 billion "economic cooperation fund" in November, when Soviet and South Korean officials
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    • 90 7 THE VIETNAMESE ECONOMY continued to grow in the first nine months of the year especially in the food production, industry and export sectors. The Vietnam News Agency (VNA) said on Sunday the encouraging results had helped slow down inflation to around 3.3 per cent over the period.
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  • Page 7 Advertisements
    • 48 7 US looking for ways to laoiri rubber qaickly, Pf 26 k -4*?" 1 «gt i skt Sfe s V* r*"" m d F I ill I A I v \t J i ateiT«L£.. JL. fJI i-L ■v*| Nikon v X x N Or o >• V fTBWm MTpPW SHljiK
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  • THE WORLD 1
    • WORLD WATCH
      • 95 8 POLAND has asked Germany to cancel one billion Deutsche marks (US$65O million) which it owes to businesses in what was formerly East Germany, the conservative daily Berliner Morgenpast reported on Sunday. "The federal government has for the moment reacted very sceptically to
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      • 96 8 THE ECONOMY in former West Germany should only expand 2.S per cent in 1991 after an expected 4.0 per cent this year, a study by five leading economic institutes said. The economy in entire Germany should grow 1.5 per cent in 1991, the fall study by
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      • 88 8 JAPAN'S wholesale prices fell 0.1 per cent in the first 10 days of October from the previous 10-day period but rose 1.5 per cent from a year ago, the Bank of Japan said. Wholesale prices for all of .September rose 0.2 per cent from the prior
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      • 75 8 JAPAN will conduct a three-year study on developing Mongolia's copper and zinc mines, an official of the governmental Metal Mining Agency said. The study will have a budget of 300 million yen and is likely to begin in April 1991, pending approval by the Mongolian government,
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    • 461 8 EC fails to agree on plan to reduce subsidies NYT A FOUR-YEAR ROUND of negotiations to liberalise world trade is threatened with collapse as a result of the European Community's failure to accept even a modest plan to reduce farm subsidies, officials from
      NYT  -  461 words
    • 152 8 Reuter BRITISH Prime Minister Margaret Thatcher has told Italian Prime Minister Giulio Andreotti that the will aot agree to act a dale at this week's European Community summit for the second stage of monetary union. A Downing Street spokesman said Mrs
      Reuter  -  152 words
    • 490 8 Reuter THE WORLD ECONOMY is in much better shape than before to withstand the doubling in oil prices caused by Iraq's August 2 invasion of Kuwait, provided tight monetary policies are maintained, the British Treasury said in a report In its latest Bulletin
      Reuter  -  490 words
    • 421 8 Reuter ANY DELAY in applying tough measures for the recovery of the Greek economy would make the process longer and costlier, while seriously damaging the country's credibility, warns the Greek National Economy Ministry. In a quarterly review, a committee of experts has painted
      Reuter  -  421 words
    • 781 9 Economic and political factors curbing enthusiasm Reuter IF MATSUSHITA Electric Industrial Co Ltd buys Hollywood entertainment conglomerate MCA Inc for some US$6 billion or US$7 billion, it will violate a new Japanese industry maxim buy small. The pace of overseas merger and
      Reuter  -  781 words
    • 182 9 NYT THE US Securities and Exchange Commission and the Comision National de Valores, Mexico's securities commission, have announced that the two agencies had signed a cooperation agreement. Under the agreement, the SEC will provide Mexico with technical assistance to develop its securities market This
      NYT  -  182 words
    • 348 9 NYT "THE UNITED States is in a pickle," says J P Morgan's chief economist, Rimmer de Vries, noting that the US economy is poised to slide into a recession this winter and there are "no policy tools available'* to change direction and
      NYT  -  348 words
  • Page 8 Advertisements
    • 213 8 Digital Nicam HI j 1 B I* f I ,^9yv 11 i I 111* I [I If r; t E i' I *>3jF M I V'} M^* ■■tnli j:, i^Hfl ■MHHHBHHH HMHI I II W/iaf can you expect from a Loewe television? For one thing, you can experience the magic
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    • 78 8 B ii tn m mm NANYANG TECHNOLOGICAL iBS INSTITUTE SCHOOL OF ACCOUNTANCY r?l BUSINESS IH Public Lecture S B B B I PROF. (DR) LESTER C. THUROW Lee Kuan Yew Distinguished Visitor v 1 V■: EsrrW Z' The Nature of the World Economy ~7/fry\ in the 21st Century [Bl Lecture
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  • Page 9 Advertisements
    • 125 9 Lufthansa Asian Commitment: We've put Ho Chi Minh City on our map. iw pa fel w* ;> a .<JiM L JET w Uq Another first from Lufthansa. From October 30, regular flights to Ho Chi Minh City. Travel from Singapore to the business capital of Vietnam. Our 8747-400 aircraft takes
      125 words
    • 226 9 ~~"fr ir ir ir j II BJSTORANTE I BOLOGNA SINGAPORE BUSINESSMEN AREN'T TALKING ABOUT BULLS AND BEARS THESE DAYS. Instead, they are talking about Veal, Lamb or Seabass. Yes, you've guessed it, they are talking about the Buffet Lunch at the Ristorante Bologna. And you would too when you get
      226 words

  • 455 10 EDITORIAL THE just-concluded Malaysian general election was a resounding success for the National Front and Prime Minister Datuk Sen Dr Mahathir Mohamad's leadership. With a two-thirds majority in Parliament and in control in ten out of the 11 state legislatures at stake, Dr Mahathir is wellpositioned
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  • WHAT THE OTHERS SAY
    • 222 10 "MADE IN Singapore." The exciting goal of the Singapore Design Council, to be set up next year by the Trade Development Board, is that this label will become world-famous for good design. The proposed council can have a real impact across the board if it can
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    • 141 10 THE HIGH-LEVEL visit to China by Prime Minister Lee Kuan Yew is a very significant development, following the establishment of diplomatic ties recently between the two countries. Mr Lee is no stranger to China, having first been there in 1976. His vast knowledge of China has
      141 words
    • 124 10 FROM 1992, streaming will be after Primary Four instead of Primary Three. The most important feature of this change is that students who are slow learners can still receive three to four years of secondary education. This should make them stronger in language and mathematics. With the
      124 words
  • REGIONAL VIEWPOINTS
    • 150 10 FIGHTING inside Cambodia has intensified in recent weeks. Both the government troops and Cambodian resistance guerillas are locked in fierce battles yet again in this country after a brief lull during the peace negotiations in Bangkok last month. It is unfortunate that after all these years, the
      150 words
    • 209 10 NEARLY three months after Iraqi President Saddam Hussein's tanks rolled across the border into Kuwait, the world is waiting to see whether a war of mass death and destruction will break out. While it is not surprising such a prospect should concentrate minds so wonderfully, the main
      209 words
    • 154 10 OUR state guest Nelson Mandela, the undisputed and charismatic leader of black African nationalists, has expressed his gratefulness for Indonesia's support of his country's struggle. Indonesia's contributions to the anti-apartheid struggle led by Mr Mandela will hopefully help to improve the standard of living and quality of
      154 words
  • 954 10  -  Australians claim their standard of living is falling and the key economic indicators point to a recession. Sydney correspondent Florence Chong reports Florence Chong Australia is sinking slowly but surely into a recession which many now believe could be worse than the economic downturns of
    954 words
  • Page 10 Advertisements
    • 161 10 The laser market for Asia Pacific LASER'ASiA'TC International Laser Technology Exhibition SINGAPORE IHEzSj Marina Mandarin Hotel KES9 22-25 October 1990 Laser applications in Singapore Target Audience Research Development Tertiary Institutions Materials Processing Laboratories Medical Government Agencies Military Research Institutes Optical Communications Manufacturers Printing Builders/Developers Metrology Architects Optical Recording Engineers Entertainment
      161 words
  • Page 10 Miscellaneous
    • 54 10 DOONESBURY BY GARRY TRUDEAU Hei.BUXH? HEE.HEEIiOU ON BEHALF OF A GRATdftIL ajq outoftheooop you man aw- cajgktw! who m "buttsy'! xm-the tNpusm, I've aee/v kipping? n^sof.ujhqa! THN6ABOUTT& tMTHBONe I I BATTAUON 706 A- ChARGBPMTHDISIFJBUT- WHY' VX/KNOIOYOU <&w&ik££p ujHO'seeeN I youim. co uaisonj m ino 10,000 cartons of lOOKUKtBo&m, FWNGOHW I£AV!N"EM
      54 words

  • ANALYSIS
    • 1471 11  -  Canada has seen an influx of money from Hongkong and Singapore as it welcomes more and more immigrants. But the potential investor should watch out for unscrupulous immigration consultants. Yap Teck Hian reports Yap Teck Hian The writer is a Singaporean currently working in Canada CANADA has
      1,471 words
    • 715 11  -  Angus Mac Swan reports on how the military is clinging to its political role in the Thai democracy Angus Mac Swan Reuter ONE of the jokes doing the rounds in Bangkok says the best guarantee against a military coup is that the army's tanks
      Reuter  -  715 words
  • Page 11 Advertisements
    • 149 11 753 THE SINGAPORE RIVER [1 A monumental witness of the many tides of '1j change. On its banks, men have landed, ■riBpMHETJJpBHQBI 1 dreamed and realised their vision. On its banks, d monuments that attest our growth have r 9 emerged. The Singapore River will come alive, again. P its
      149 words

  • INNOVATION & TECHNOLOGY 1
    • 356 12  -  Replacement of IT equipment could cost USsl.6b, reports Claire Leow Claire Leow LOCAL information technology (IT) firms should plug into the former East German market, which is expected to grow by leaps and bounds as obsolete equipment are being replaced. Such a transition is expected
      356 words
    • 267 12  -  -Bl Said Abdullah WHILE product design was the focus of attention at the just-ended biennial Second International Design Forum, a local company took the opportunity to launch a software to help design houses computerise their operations. Octogram Design, which works on publications such
      267 words
    • 446 12 NYT Beginners are back in style with writers and publishers of books about personal computing. In the old days, which means the early 80s, almost everybody was a beginner and a potential buyer of an introductory book. But time passed
      NYT  -  446 words
    • 322 12 THE Procter A Gamble Co has patented a compound that it says can prolong the crunch of a breakfast cereal, the crispness of potato chips and the moisture of fruit and vegetables. The compound consists of sucrose fatty acid polyesters and could be coated or sprayed on to
      322 words
    • 591 13  -  IT MATTERS Laptop technology has taken another incredible leap; if only the same could be said of peripherals, sighs Kenneth James Kenneth James LAPTOP personal computer (PC) users by all accounts, a fast-mul-tiplying breed had a double-dose of delight last week. One
      591 words
    • 199 13 SOFT DRINKS bottler Coca-Cola is using bar-coding as its latest communications tool to ensure the brand commands prime position on supermarket shelves worldwide. Outlining a fictitious casestudy of a soft drinks retailer fitted with high-tech equipment in the year 1995, CocaCola told manufacturers
      199 words
    • 619 13 NYT AT MR MICRO, a three-store personal computer chain in Dallas, sales of the International Business Machine's sharp new PS/1 home computer have been brisk. The Texas retailer has sold 200 of the machines since August and its president, Marty Ackerman, says
      NYT  -  619 words
  • Page 12 Advertisements
    • 98 12 V -J t Jl U f l ip* w THE HARDEST PART OF GIVING IS THE GIVING AWAY. Delicate contours endowed with 200 years experience. And married with the strength of the finest hone china. 1 The easiest thing in the world to fall in love with. But oh so
      98 words

  • Page 13 Advertisements
    • 204 13 —JFtm T JRT%ik ttif Of 1 ••<•- v iMIffIHBMiMM kJfc..!. INTRODUCING ACCUPOWER.* NOW, FROM THE WORLD LEADER IN COMPUTER SUPPORT WHO FOR OVER 25 YEARS HAVE SUCCESSFULLY COMPLETED OVER 100,000 SYSTEMS. COMES A COMPLETE LINE OF UNINTERRUPTIBLE POWER SUPPLY COMPUTER INSTALLATIONS. (UPS) SYSTEMS DESIGNED TO PROTECT YOUR PERSONAL COMPUTER FROM
      204 words

  • FOCUS
    • 778 14  -  David Chew analyses the results of the Malaysian elections David Chew Malaysian Prime Minister Dr Mahathir Mohamad led the ruling National Front (NF) coalition government to a two-thirds parliamentary majority victory, but failed to wrest the state of Kelantan in a keenly-fought general
      778 words
    • 916 14 The opposition chi-nese-based Democratic Action Party (DAP) made a determined assault on the Chi-nese-dominated state government of Penang with its "Tanjung 2" programme. It was banking on the "winds of change" to blow hard in Penang, just like they did
      916 words
  • Page 14 Advertisements
    • 167 14 M j3£ Hewlett-Packard's customer support... bringing you a dedication like Newton's. Sir Isaac Newton discovered the law of gravity in 1666. And wrote whole volumes in support of his theories. The spirit is shared by Hewlett-Packard. A mayor element of our support lies in ailKl t our people, creme >.
      167 words

  • Page 15 Advertisements
    • 368 15 Allow your secretary more time to do the books. It's the same old story. A first-rate secretary, forced to churn the bulkiest mailing. Frame Edit and Automatic Column Layout, will out a first-rate job, on a second-rate typewriter. W make her tables and charts as easy as pie simply enter
      368 words

  • Page 16 Advertisements
    • 1356 16 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE Some of our best advertising is by word-of-mouth. ML I HL -jL :S j For outstanding haute cuisine in surroundings of unashamed J opulence. The Palm Grill is the name on everyone's lips. Reservations. 330
      1,356 words
  • Page 16 Miscellaneous
    • 698 16 TELEVISION AND RADIO T* 1 J J 1 ISBCt2 f M lis VWW (Religious pro- BUSNESSfiN fIAD» Rartok intemreten ksk wx jr,. JLICIi IvflV llllfVl U1 vlvvl 7JO P> N« WFk A Lady Our Choice). 7J* The Many MMh Km. MC, M.S aritz M VHF Band Questions, Questions! Cagaay and
      698 words

  • LIFESTYLE
    • 803 17  -  Suzy Menkes on the two standout shows in Paris during the weekend Suzy Menkes IHT CLAUDE Montana's imagination soared into the stratosphere. Christian Lacroix steered his couture fantasy towards earth. In their opposing ways, they each Kve a rocket boost to high shion, while the avant-garde at
      IHT  -  803 words
    • 649 17  -  The US Mafia appears to be fading out of existence. Selwyn Raab finds out why. Selwyn Raab NYt BATTERED by aggressive investigators and weakened by incompetent leadership, most of America's traditional Mafia families appear to fading out of existence, law-enforcement officials and independent experts say.
      NYt  -  649 words
    • 784 17 AMERICAN television stars are appearing in the British theatre in growing numbers and regardless of what the critics say about their performances, the audiences are flocking to see them. Jou Collins of Dynasty fame is playing the put of Amanda in Noel
      784 words
  • Page 17 Advertisements
    • 270 17 lANP ENTERTAIN Who Says You Cant Mix Business With Pleasure? M MONDAY TO FRIDAY, 12 NOON TO 2JOPM. $31.00++ PER PERSON. At Hubertus Grill, the Businessman's Buffet Luncheon offers you the opportunity to enjoy a sumptuous appetiser and dessert buffet and an 4 la carte main course in the relaxing
      270 words
    • 43 17 Sumptuous Teochew Cantonese DianXin Lunch Daily at Centrepoint: •05-16 Centrepoint J#- >ff Orchard Road Tel: 733 3338 Only on Saturday, Sunday HHroP Holiday at Battery Road.'' IMnff 1 til 9 Battery Road *81-00 TEOCHEW CITY Straits Trading Building Tel. 532 3622 SEAFOOD RESTAURANT
      43 words

  • SPORTS
    • 400 18 AP GORAN IVANISEVIC of Yugoslavia combined lightning serves and booming graundstrokes to beat Henri Leconte of France 6-2, 7-6 (8-6), 4-6, 4-6, 6-1 on Sunday and win the US$l.l-million European Community Championship in Antwerp. The fourth-seeded Ivanisevic blew a two-set lead against the
      AP  -  400 words
    • 298 18  -  By Paul Ramani THE Member of Parliament for Cheng San, Heng Chiang Meng, together with Esso's Ron Chan led the field in the Singapore Manufacturers' Association (SMA) Charity Golf Tournament held at the Tanah Merah Country Club Tampines Course recently. Indonesian Ambassador Tok Setyhodi came
      298 words
    • 236 18 AFP ENGLAND'S Michael McLean held off the challenge of Scotland's Ryder Cup golfer Gordon Brand Junior and Australian Mike Harwood to score his maiden tour success in the Portuguese Open Tournament Players' Championship in Quinta Do Lago on Sunday. The 27-year-old had a final
      AFP  -  236 words
  • SIDE LINES
    • 105 18 PORTUGAL'S Antonio Godinho won a windswept Lisbon Marathon on Sunday, edging out Andzrej Witczak of Poland by one second. In the women's race, Poland's Czeslawa Mentlowicz led for most of the race but finished second behind Manuela Dias of Portugal Godinho passed Witczak with five kms
      105 words
    • 107 18 WALES and British Lions prop Mike Griffiths became the 11th player in 62 games in the Welsh League to receive lus marching orders when he was sent off in Cardiff's 21-20 win at Pontypridd on Sunday. Griffiths was dismissed after 12 minutes when touch judge Alan Barham
      107 words
    • 72 18 MARC ROSSET of Switzerland won his first indoor title on Sunday, beating Mats Wilander of Sweden 6-3, 6-2 in the USSSOO,OOO Lyon Grand Prix tennis tournament. "I wanted to win a tournament before the end of the year and today I've made it," said Rosset, the No
      72 words
    • 52 18 SECOND seed Chris Dittmar wore down fellow Australian Rodney Martin 15-13 12-15 15-10 15-11 on Sunday to win the Canadian Open Squash Championship for his first title of 1990. Dittmar needed every shot in his arsenal to subdue the third-seeded Martin, who was the aggressor during
      52 words
    • 80 18 DANNY SULLIVAN cruised to a wire-to-wire victory on Sunday in the Champion Spark Plug 300-km Indy-car race in Monterey, closing out his six-year run with the elite Penske Racing team with a near-perfect weekend. Sullivan, driving a Chevrolet-powered Penske 90, built leads of as much as
      80 words
    • 126 18 STEPHEN HENDRY won every frame of the evening session to take seven frames in a row and beat Nigel Bond 10-5 in the final of the Grand Prix in Reading on Sunday. Hendry's remarkable comeback wiped out a tremendous five-frame winning run by Bond in the afternoon.
      126 words
  • Page 18 Advertisements
    • 218 18 HOTEL MERIDIEN It's high time you discovered the other side of Singapore. For years, you've probably put up your beckons to whisk your clients away to new clients in the heart of downtown Singapore. horizons. But while they're here in the lap of But may we suggest you introduce your
      218 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4499 19  -  By Diana Oon TRADING on the local bourse got off to a running start yesterday, with share prices rising sharply across the board. The combined main board and OTC market showed 244 gainers against seven losers at the close of trading. A broker
      4,499 words

  • 3699 20 Main Board Spore Land 590 80 +15.7% S1A 200 1070 +40 +3.9% DBS Foreign 965 +40 +4.3% Weames 396 38 +10.6% 50* 595 +35 +6.2% Jurong Ship 50* 505 +33 +7.0% SIA Foreign 1380 30 2.2% OCBC Foreign 740 30 +4.2% N«St«J 660 +30 +4.8%
    3,699 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3664 21 Bernama A BOOST in investors' confidence following the Barisan Nasional's overwhelming victory in the weekend general election took share prices on the Kuala Lumpur stock market higher across the board yesterday. The KLSE Composite Index jumped 18.96 points, or 3.98 per cent, to
      Bernama  -  3,664 words
  • Page 21 Advertisements
    • 432 21 BUSIN ESS TIMES TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 GRAND HOTEL MANAGEMENT invites aopßcationsforthe e rty,9 2: FINANCIAL CONTROLLER 11 EXECUTIVE ASSIST AW MANAGERM -ROOMS EXECUTIVE ASSISTANT MANAGER FOOD BEVERAGE DIRECTOR OF SALES MARKETING CHIEF ENGINEER EXECUTIVE HOUSEKEEPER PUBLIC RELATIONS MANAGER SALES MANAGER ';K initially, all appointees will be based at the
      432 words

  • BT SHARE INFORMATION SERVICE
    • 99 22 SSLto) M*M Oct 9 JmM $10,108(17,704) 21.7(115) 12(10) MmW Oct 9 Jm 90 $3UM($ai71) 314(221) 7«(2S) M9M« S*29 Jm 90 MS172.134(SS0.5«4) 414(254) 25h(ll) M( S* 21 Jm 90 1773(1511) 254J(1«4) 150(100) DH NSm 9*20 Mv 90 17,379(15.7*) 15.4(112) 5(5) MriilM S* 25 Ok 19 M|l434($15i04l) 21(—) SmnSmt* Sm
      99 words
    • 230 22 CantM Oct If M 90 20TC(9Tfc) SKr Oct 11 JmIO $4.140($4309) 113(123) 7(f) Lill Oct 10 Jm 90 $2.444($1.254) 14(13) 2(1) HhwM Oct 9 Jm 90 *$43,130(*****5) 153(12») 103(7.*) MS8 Oct 5 Jm 90 IBUOSfllMM) 4.1(13) 10(12) Talk few* Oct 2 Jm 90 *$37,040(123.153) 15.4(119). 112(1) SMUM Sm
      230 words
    • 156 22 Oct II Wm**m Otototo. toptoar wt> to nii ln Hgtoafc I L-to«fc —iwcrt rrtrtv* pto» that afladivaly sMBm Owr mm pnparty art ptotfatoa Sx w.scifirci saw*Od II HMOMC battory anfcar, V MWn totontotoari (0f«). Ii focatooi apprwaitw tha Stock ExdwM al Stopnra lor a mm kavi itotot paaiaf
      156 words
    • 645 22 M b Mi Mtto WWfcr km WEO) Od 19 Oct 31 lb* IS m 10% (k) la 4 kill kS am 2n mm s*s oetv in am in M21 0d5 nn i m js*w Mb M(h) M 22 Ok I OK 8 Mm 7S%TE(I) Od 12 OdS Nk
      645 words
    • 363 22 H p^ Ids MHm IMIPN4H MMta an It Mini a. COM) KMC* Nk Oct It Sn 90 17.391 (*****i) 04(0.1) Oct 16 M 90 *$8438(*****5) Catria GTS Oct 11 JM 90 $2,013(1228) NHMU Oct 5 M 90 l«8.115(|6.523) iwnrrii Oct 2 JM 90 M$6431L(S7,645t) In/mat OM Sip 29
      363 words
    • 557 22 rnmmrnMM imimymt CMpav NM Mi Ma MR Mb M MM? «SS MpMI Ml MM MM 53&(h) Mm Mi Mm *11 Mil U 11 *****) m Ml M# MM HI UK USI MM FM Ml MM lL3(a) KJTE(i) ***** MM MM MM MM 2ML Ml MM MM MM MM
      557 words
    • 189 22 IMH Om+4m MUt p* Mk Oct 24 MidK Mr 7 kiM A»4w4nr |LM p* Am hr •lay «M* AM 4 T9fc MM: Oct S 1Mb cM Oct II I UpM* Wtt m MM* s W.76 pr *M taSTdMcOetl Irifh m Ta»M*t*«USp*Mn. MkNl MiteMS MM M* OMimm M2.40 p*
      189 words
    • 163 22 mm 0m*m4m #_lgLOO pr *m. Mm 9m tf «UI 4 wt Mm Q»IHwr» WHO p> jtiari ivifiiii it: nm M IOJO am W*M m 1M Om*m-m KLOO ff <■*». F«Ci bUrihteiiktaifeNlnp riHriimtaUHliSiK Im cmMM 4 tan 25 Hi in drtHi|wm>>iwL MpUi lw*m+m < K2JB p» imkm m» m
      163 words
    • 288 22 BONDS, LOANS WARRANTS CUm MmWim IwmrntmUMe*. (Mil 2/1MIII Wll/M I mm*pm Boi> Ijjl z Ifcwfc V >i 31/U/ll IMwmm+ 0mUMm*. utm*anm 1 *mv i —1— Um+*mmKlfc atr iw wvuanm v* mmm* ms a* m in mm* pfc> 4JI wfc mirndim *m*/V» l—t llMcdL ■Had Mi MwH/W 1—<H» miM*^ y W»a/7/«
      288 words
    • 318 22 Mi Mvdvt BeM Mt EGM at No 21 ft 23, Man Hassan, (Grand floor), ***** tpoh, Parafc Dand Ridzwan, hWay» on Tuesday, Oct 23. at llan EM Cajn Mb EGM at No 21 ft 23, Man Hassan, (Grand Floor). ***** to*, Per* Oend Ridzwan, Malay* on Taesday, Oct
      318 words
  • Page 22 Advertisements
    • 460 22 Kurfa Uunp«r I 3 ft 4 Dec A Borubudur Hotel, Jakarta Top international and regional speakers will present Presenting a panel of 16 of the industry's top experts H their papers to meet the challenges ahead. Challenges and specialists including: such as: Mr Michael J Williams I I Trends anH
      460 words

  • TOKYO STOCK EXCHANGE
    • 2256 23 Reuter TOKYO stocks dosed higher yesterday, marking the first time in 1990 the Nikkei average has charted gains for six consecutive days. Trade was active as a strong yen, lower oil prices and gains on Wall Street had investors shopping for blue
      Reuter  -  2,256 words
  • STOCK EXCHANGE OF HONGKONG
    • 2336 23 STEADY if unspectacular buying of safe blue chips and bursts of interest in a few speculative minors drove Hongkong stocks up to close solidly higher in reasonably active trade yesterday. "Sentiment is fairly buoyant and gains overseas helped if only to provide a
      2,336 words

  • REGIONAL STOCK MARKETS
    • Aussie stocks dip in nervous trade
      • 911 24 A BREAKDOWN in US budget talks cut short expected gains on the Australian share market yesterday after Wall Street and then Tokyo's Nikkei Index surged sharply. "Locals are very nervous about the Dow tonight and, looking at the turnover, it's back to the bad old days," said Mike Alexander
        911 words
      • 537 24 PHILIPPINE share prices continued to rise on sustained speculation in oils which had greater impact on the market than worries about possible violence in a nationwide labour strike set for Wednesday, brokers said. Trade closed before a transport union leader who refused to commit to join the strike was
        537 words
      • 669 24 THAI stocks rose sharply yesterday because of oil-price declines, broker? said. The SET Index rose 31.1/ points to close at 683.33 in heavy turnover of 3 billion baht. Advances led declines 164 to 7. Most active were ITF, Asia Securities and Star Block. The market will be closed on
        669 words
      • 368 24 TAIWAN stocks reversed their early losses to end higher across the board yesterday on strong financial issues and hut {StfjgrasfWsfTs points, or 4.25 per cent, to close at 3,216.19 compared with Saturday's 3,085.02 finish. Turnover rose to NT542.5 billipn from NTJ32.3 billion. Dealers said profit-taking pulled the market down
        368 words
      • 886 24 SEOUL stocks rose sharply yesterday as strong buying in financial issues led to infectious buying across the board in heavy trading volume, brokers said. The composite index closed at 733.37, up 22.93 points from the previous session. Turnover was a heavy 394.2 billion against 254.6 billion in Saturday's half-day
        886 words
      • 597 24 THE Jakarta Stock Exchange shook off its recent misery, with the index gaining 10.88 points to 407.86 as strict new settlement rules came into play. The new rules, with hefty penalties for anyone who fails to settle within five days, kept many broken off the floor. "I just dont
        597 words
      • 608 24 dm Pitt to— Oct 22 SYDNEY All Ordinaries Index 1.364.6 1,368.6 -4 All Industrials Index 2,071.8 2,076.7 -5.9 All Resources Index <19.4 821.9 -2.3 Turnover (million) 39.51 74.98 -15.47 BiWGKOW SET Index 683.33 652.16 -1-31.17 Turnover (million) 3,000 1,012 -1-1,988 JAKARTA Composite Index 407.86 396.98 +10.88 Turnover (nearest "000) NA
        608 words
  • Page 24 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 982 25  -  THE By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and Euro-yen
      Chart by Tele Trac  -  982 words
    • 388 25 Cross rates 0*22 USS S$ MS Dm Yen SFr AS NZS USS 1.7100 2.6975 1.5060 126.20 0.5136 1.2730 1.2887 1.6502 SS 0.5848 1.5775 0.8807 0.7380 0.3004 0.7444 0.7536 0.9650 MS 0.3707 63.39 0.5583 0.4678 0.1904 0.4719 0.4777 0.6117 Dm 0.6640 1.1355 1.7912 83.80 0.3410 0.8453 0.8557 1.0957
      388 words
    • 557 25 Interbank rates SS Bid Offer Overnight 6 5/8 6 3/4 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 USS BM Offer 7 days 8 1/16 8 3/16 1 month 8 1/16 8 3/16 2 months 8 1/16 8
      557 words
    • 745 25 FOREX MARKET REPORTS THE MALAYSIAN RINGGIT yesterday closed with pared gains against the US dollar on late commercial demand for the US currency after rising initially on the ruling coalition's victory in the weekend general elections, dealers said. "The news should boost the ringgit in
      745 words
    • 1206 25 SIMEX eumoouar Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.01 9105 9104 6000 ***** 9704 Mar 91 92.18 92.23 92.18 92.22 5050 9553 5088 Jun 91 92.16 92.21 92.16 92.20 490 3800 1219 Sep 91 92.04 92.09 92.04 92.08 91 738 351 Dec 91 91.70
      1,206 words

  • COMMODITIES
    • 432 26 Reuter THE SEARCH is intensifying for a plant that can produce rubber anywhere in the US at a reasonable cost to curb dependence on expensive natural and petroleumbased imports. Sparked by worries of possible major disruptions in supplies because of war or
      Reuter  -  432 words
    • 294 26 Reuter PLANS to expand Cuba's strategic nickel industry, which produces the commu-nist-ruled island's second most valuable export after sugar, are threatened by growing disruption to trade and aid from traditional economic backers the Soviet Union and East Europe. Fuel shortages caused by delays in Soviet
      Reuter  -  294 words
    • 849 26 REPORTS LATE heavy stop-loss and speculative selling offset early gains on short-covering, leading gold to a weaker close in Hongkong yesterday. "Selling interest might come from a softer crude oil price and an easier silver price," a local dealer said. Bullion ended
      849 words
  • 1312 26 Rubber 0*22 MS (hfc In >■!■») S cents/kg Noon Close lot I RSSPrompt 154.00/155.00N I53.7VI54.75N Int I RSS N«v 90 154.00/155.00 I53.7VI54.75N Int I RSS Dec 153.50*154 00 I53.25/I53.75N Inl 2 RSS OP I49.7V151.75N 149.75/15I.75N Int 3 RSS OP I45.2V147.25N I45.2VI47.25N Int 4 RSS OP I4I.2VI43.25N 14I.2V143.25N Int 5
    1,312 words
  • Page 26 Advertisements
    • 633 26 notices NOTICE NOTICE IS HEREBY GIVEN thai, I, SimLeePuanof Bk 441,HougangAve 8, #01-1647, Singapore 1953, have applied for a Beer House Fust Class licence in respect of premises at M/i Alison Eating House at 201 Upper Paya Lebar Road, Singapore 1953, and that this application will be heard in Court
      633 words
    • 9 26 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 722 27 c*y FM(M E7A FKgM EID Ma MuM GA893 1235 GA892 0035 GA886 2220 GA974 2135 1 1 Bi QF82 2200 Aantar4aai GA893 1235 GA974 2135 QF6 1830 11 Hum 0A471 2205 M^H BI421 1105 Baadar Sari BI421 1105 n<t»w>w 8(422 1205 B1429 2030 B1430 2125 Banjtitrti
      722 words
    • 663 27  -  LETTER FROM ISRAEL By Kim Foltz Travel to Israel dropped substantially after Iraq's invasion of Kuwait in August and the killing of 21 Palestinians at a Jerusalem mosque by Israeli soldiers earlier this month. Daniel Multer, the director of marketing and promotion for
      663 words
    • 150 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3240 1.3440 Canadian dollar 1.4420 1.4620 NZ dollar 1.0260 1.0360 Sterling pound 3.3000 3.3300 US dollar 1.7040 1.7140 Local dollars to 100 units of foreign currency Austrian schilling 15.80 16.80
      150 words
    • 69 27 Duration Title Venue OipMKT Td Duration Title Venue Organiser Td Oct 23-28 International Yugoslavia Foirc De 21/25.155 Nov 6-9 Building Hong Kong Business *****00 Fair for Hunting. Novi Sad Services Asia "90 Convention Industrial Trade Fishing. Sports Exhibition Fain Pte Ltd and Tourism Centre Nov 4-9 International
      69 words
  • Page 27 Advertisements
    • 52 27 d~~~\T" lc buMiKA* person ■> choice cvcr\ lucmljv, Jp j I I rhursd.i\.S.iturilav and Sunday. 1 cj\ing( lungi I I ft I I \irpnrt it 22:1 > hours .ind ,irn\inn >»R->n -M—J J JL S -i- International Airport the following Jj\. A I: i; k ill < >i- Ki: I-
      52 words
    • 53 27 Remember him? 4 jfHPWEji He's now back tnwiMi. uriimii M. IM xo»'v««, V broken, driver Ali one eye blind. weeks after fad d jdlV iron-rod attack W '«i»j m\ prised open The New Paper front page on Sept 20 71 Th e latest news and much more. From lunch-time. Monday
      53 words
  • Page 27 Miscellaneous
    • 243 27 I Common talent, a man- L II Staunch supporter (4) 12 He's got a bird on the line JHI 16 Whimsical character with sum hand (7) 18 Determination soldiers is 21 But the pop singer could 23 Minder with a defiant ex- 23 I T 25 24 Indian state with
      243 words
    • 212 27 Singapore Outlook: Showers over several areas in the late morning and afternoon. Forecast: Max temp. 32.3 assoc humidity 70% min temp. 24.2* C assoc humidity 99% hrs of sunshine 6.95 rainfall in mm 5.3 rainfall this mth 23.5 rainy days this mth 6 World report Asia-Pacific Hi/Lo* Cond. Auckland 20/15
      212 words
    • 32 27 Mf fTesT QYrogp DON 1 P>kvthhmg TO tjjutfv uj«e you CflPLOtetL.. Bejsr sglung )i A cfcusT..... J NjOU f\ $£AIN y \PUTMOf?... PpUHCIRN N NTTT EVEWNG STANDARD CO LTD.. IM2-IMQ 92 7
      32 words

  • 494 28 Deadlock remains over health benefits and taxes Agencies AN ANGRY White House Chief of Staff John Sununu stalked out of budget talks with US congressional leaders last Sunday after the two sides had seemed on the verge of an agreement on a
    Agencies  -  494 words
  • 381 28 AFP JAPANESE Prime Minister Toshiki Kaifu, whose record popularity has helped keep him in power, is rapidly losing his following among a public worried by the government's decision to send Japanese troops abroad. For the first time since June, Mr Kaifu's popularity
    AFP  -  381 words
  • 474 28 Agencies IN SHARP CONTRAST to previous statements, Saudi Arabia, in its most conciliatory remarks since the Gulf crisis erupted, has suggested that Kuwait could make territorial concessions to Iraq. Saudi Defence Minister Prince Sultan Ibn Abdulaziz said on Sunday that Arab countries
    Agencies  -  474 words
  • 179 28 AFP OFFICIALS from Asia and North America began a twoday conference in Seoul yesterday to discuss when and how China and Taiwan are to join a Pacific economic forum. Beijing wants to join the Asia Pacific Economic Cooperation (Apec) forum ahead of Taipei and
    AFP  -  179 words
  • 711 28  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BTs economics correspondent MR SONY, Akio Morita, sounded a timely caution recently about the burst into pre-eminence of the financial sector, at the expense of manufacturing. In a speech at the Yale School
    711 words
  • Page 28 Advertisements
    • 152 28 PlvgeT JQAILUER EN HORIXXIERIEIJEPUISIX74 GENEVE Yes, IGSffl wedoHWIH Macrophotography: BAEC, LEUVEN, FLANDERS. T T So, when you have the opportunity, Prosit! But 111 you now we rew er n S s n FLANDERS, too? Our micro-electronics are world news. Take, 4"I f a for example, the Retina CCD chip, the
      152 words
    • 9 28 World economy can weather oil crisis: report, Pg 8
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    • 490 28 PiageT JQ\ILUER EN HORLOGERIE DEPUISIB74 GENEVE yU MANAGEMENT (1) SYMPHONY SOFTWARE FOR TOTAL BUSINESS APPLICATIONS November 19 21,1990 Fee: SSS9O SIM members/Ss69o non-members Objectives: At the end of the workshop, you will learn how to improve the way you write and print reports and presentations perform financial calculations access data
      490 words

  • Shipping Times
    • 350 29  -  By Dexter Lee TOP MANAGEMENT changes at American President Companies' Singapore office are taking place, in line with the US shipping giant's company-wide efforts to streamline operations and reduce overheads. Jeffrey Keck, managing director of American President Lines, APCs shipping arm, has been recalled to headquarters
      350 words
    • 421 29  -  From Florence Chong in SYDNEY SOME ASI.7 billion could be spent to upgrade Sydney Airport to cope with the expected doubling of passenger traffic over the next 10 years. The Draft Planning Strategy for Sydney Airport forecasts that some 30 million passengers
      421 words
    • 250 29 MERPATI Nusantara Airlines is likely to resume flights on the BalikpapanBandar Sri Begawan route, which was recently stopped due to lack of passengers. Airline spokesman Ilyas Jufri said in Jakarta that negotiations are on with Royal Brunei, which is expected to get reciprocal rights.
      250 words
    • 274 29 Lines' joint FEEurope run will deploy 18 vessels MORE DETAILS on the proposed joint Far East-Eu-rope service by three carriers Hapag Lloyd, Mitsui OSK Line (MOL) and Nippon Yusen Kaisha (NYK) starting March 1 next year, were released yesterday. A press statement said the three carriers all Trio consortium members
      274 words
    • 169 29 A NUMBER of international airlines currently not flying to Hongkong are negotiating with the Macau government to fly to the enclave, says the Macau Airport Office director. According to the South China Morning Post, Mr Jorge Ferreira Guimaraes said some countries saw Macau as
      169 words
    • 410 29  -  By Malini Tambyah CANADIAN AIRLINES International is actively investigating ways to increase its services in Asia. Following Air Canada's announcement to withdraw from Singapore in January, it becomes an obvious replacement as Canada's flag carrier to Singapore. At present, the airline does not
      410 words
    • 330 29  -  By Selva Kumar SHIPPERS who are paying steep bunker surcharges were told yesterday of another surcharge they would have to face this time on trucking rates. Lorry and truck operators have slapped a IS per cent diesel surcharge on trucking rates, effective yesterday,
      330 words
    • NEWS SUMMARY
    • LOG BOOK
      • 85 30 JAPANESE trading firm Marubeni Corp has launched a wholly-owned warehouse subsidiary in Korschenbroich near Dusseldorf in Germany. Marubeni Euro Distribution Centre GmbH is capitalised at three million marks, a Marubeni spokesman said. It has spent a total of one billion yen to buy and enlarge
        85 words
      • 102 30 NORTHWEST Airlines, which found soap-contaminated hydraulic fluid in two of 15 suspected DC-9 jet planes, said as a precaution it will test fluid samples from the remaining 100 DC-9s in its fleet. It said its investigation shows that the problem was first suspected on Oct 11. At
        102 words
      • 72 30 NEC CORP and AT&T Microelectronics, a unit of American Telephone and Telegraph Co, have signed a five-year contract to supply application specific integrated circuit (ASIC) technologies to one another, a NEC spokeswoman said. NEC will supply production technology for all of its complementary metal oxide
        72 words
      • 68 30 MCDONNELL Douglas Corp said it received an USSB million contract from the National Aeronautics and Space Administration (Nasa) to investigate engine and airframe integration requirements for 21st century supersonic transports. McDonnell said its Douglas and McDonnell Aircraft units, along with General Electric Co and United Technologies
        68 words
      • 65 30 THREE Peruvian shipowners have joined forces to set up a new company to service the Peru-Far East Trade. Multimates Compania Naviera, Naviera Humboldt and Naviera Universal have equal shares in the new company, Naviera Unidas SA. The new company will initially charter a general
        65 words
      • 78 30 THREE Nicaraguans who held top posts when the leftist Sandinistas governed in Managua have announced they were creating an airline. Central American Airlines (CAAL) will fly between Managua and Miami with one leased Boeing 747 jumbo jet starting Oct 27, the businessmen announced. Sources said an
        78 words
    • 768 30 The Panama Canal, once a key link between the Atlantic ana Pacific, will be returning to the Panamanians at the end of the century. But there are doubts over its future. AP THE PANAMA Canal reverts to the Panamanians at the end of
      AP  -  768 words
    • 882 30 Oct 24: Finance for the newbuilding of ships, conference, London Press centre, London EC4/ Oct 24-26: Intermodal Marketing Association/International Transportation Association Joint Conference, Vancouver, Canada. Oct 29-30: International Air Transport Association AGM, Geneva, Switzerland. Oct 30-Nov 1: Inter Airport/Air Cargo, Atlanta, USA. Oct 30-Nov 2: 9th international conference
      882 words
    • 10620 38 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
      10,620 words
    • 3284 43 Coatmiaeriiae NV: Bebin Shpg Agencies Pie Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pie Ltd (SyAccord Cottfr Line (PK/PN). Adkris Badness Corporatioa Philippine: Calsource Shpg A Ttdg Pte Ltd (S) Ahreakid Uaer Service: Kim Shpg A Trdg(S). Albatroa Sea-Air Service: Frata Shpg Pte Ltd (S)l
      3,284 words
    • 239 43 Ahncns Covin Td: 345-8011. Fax: *****98. Air Eipna Tmd Td: 533-5771. Fax: *****44. Alrknt Freight Corporation Td: 542-8844. Fax: *****16, *****80. A aai a AMiWin wW onawioc v ounn Tel: 278-0188. Fax: *****83. AJS SnppHfi Tet 748-6322 (2 lines), 747-7421. Fax: *****75. Clty-Liak Imnantinnal Td: 344-3377. Fax: *****50.
      239 words
    • 1437 43 Aktx Express Freight Tel: 542-7171. Fax; *****84. Actiak Forwarder Tet 225-1833. Fix; *****42. Attinlr Siagaporr TeL 542-7822 Fax: *****20. Aerotiak Freight lamatfaaal Tet 545-8033. Fax; *****05. TeL 542-5911. Fax: *****18. Ak Cargo Novo Expreas Tet 542-5454. Fax: *****06. *****50. Air Market Express Td: 542-5966. Fax; *****10. Ak Trwpnrt
      1,437 words
    • 2248 44 ARGENTINA No report received. AUSTRALIA Queensland- Mackay: Grain: I vessel eu Oct 22, etb 22, etd Oct 24. Abbot Poiat: Coal: berth vacant; 3 vessels due by Nov 13; no delays. Hay Point: Coal: berths vacant; 10 vessels due by Oct 30; no delays. Dairytapie Bay: Coal: I
      2,248 words
    • 716 44 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Tankers The Vic Bilh: 95,536 dwt and built 1981, reported recently as near to a sale has still not been sold, with the buyers holding out for a price of US$29 million. Xmdc 28,769 dwt and built 1972, on offer at
      Reuter; AFP  -  716 words
    • 450 44 ARRIVALS DEPARTURES Op Flgfr Tyy KTA Frmm Q» FUglrt Try FTP T» TODAY TOMY KAL KE697 B747F 0135 SEL FDX FM66 B747F 0200 BKJC/TPE/ NCA KZ205 B747F 0213 NRT NRT/ANC/ JAL JL6I7 B747F 0343 NRT SPCVLAX S1A SQ802 B747F 0230 SYD/AKL KAL KE697 B747F 0440 BKK NCA
      450 words
    • 358 44 CRUISE FERRY SCHEDULES An Da J ii ETA BTP Port AfMt Ports of Calls LIilII' i 23 24 23 24 Andaman Prino Vtgnesswara m 0900 0000 1600 2200 Andaman Grain Tranarntrm Shpg Cruise to nowhen Sin-Kehmg-Madm 23 26 25 25 New Nippon M Con Princen am 1400 1200 1700 1100
      358 words
    • SHIPS IN PORT
      • 609 45 VaaaM fcy* Mb Mwl tapartn j Vaaaal War Hi Barih Mval Dprtii Itoppd \MH hym H Trapper fcagun 82 P4A 2110/1315 23.10/2100 A-fbcs 43 K34 27.10/2300 09/90 P4B 22.10/1930 23.10/0700 Chofu Kjmateverett 27VH6 C10 ilongMda 22.10/1100 Inwiiwi 18/90 P46 22.10/2330 23.10/1200 4C K31 jtonpale 24.10/2300 Mas Jaya
        609 words
      • 1127 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO ftecard Boohfev/Maict Mb SNp Voy No Etb/Btr ftrfod Frwi To Fnm to lade 18A 24/1900 2 22/1700 23/0659 23/0900 4 23/1200 23/1459 23/1700 to Lotus 23/2100 1 22/1500 22/1659 22/1900 to (tee 48 24/0700 1 22/1500 22/1659 22/1900 2 22/1700
        1,127 words
      • 329 45 PirtKlmg Berth at South P»rt on Oct II: 1: Victoria Cob; 3: Swee Am Satu, Mutia Hayu; 4: Cheung Hing; 6: Dong Xu Yen; 7; Hung Lee 4; Ik Swee Long Satu. KCT: 8; Bunga Meiati; 9; Maersk Tauro; 10; St Louis. North Port 11; I Xing;
        329 words
    • 784 45 THE DRY cargo freight market on Friday continued firmer on active time-chartering and firmer grain and coal rates, traders said. The Baltic Freight Index (BFI) was marked up six points after jumping 21 on Thursday. The US Gulf/Japan grain route edged higher to U5523.32. There was talk that
      784 words
    • 293 46 Reuter INDIA plans to import US$B billion to US$lO billion worth of railway and tunnelling equipment for an ambitious US$6O billion railway expansion programme it has drawn up for the *****, Indian Railways Minister George Femandes said. "We will finance much
      Reuter  -  293 words
    • 368 46 Reuter GERMANY'S Deutsche Lufthansa AG has proposed to the Bonn government that the assets of the former East German airline Interflug AG be integrated into Lufthansa, Lufthansa management board chairman Heinz Ruhnau said in a newspaper interview. Initially Lufthansa would restructure Interflug, Mr
      Reuter  -  368 words
    • 184 46 Reuter BELGIUM is considering allowing domestic airlines to compete with its national airline on international flights, a transport ministry spokeswoman said. She said Transport Minister Jean-Luc Dehaene was studying the possibility of opening up gradually European and intercontinental routes to Belgian airlines other
      Reuter  -  184 words
    • 309 46 AP A FEDERAL judge has ordered Exxon Corp to stand trial in April for the spill of the Exxon Valdez. US District Judge H Russd Holland refused the company's request to dismiss a five-count criminal indictment stemming from the
      AP  -  309 words
  • Page 29 Advertisements
    • 409 29 HMIEE HBK WT4L CO PTE LID u tu« *ve it. wwwo* am raex: smmo*l TEL: Ml 9M9 (SIMMI TWttWWI mMu 'oJmttZ BB CMMtar JSmS MVTHH OCSIQN MMOV ATION A MMMN OUMJTV MMHM FORT OF SINGAPORE AUTHORITY U Pi IV6FSII^/ I 1991 DIPLOMA PROGRAMME IN 1 I SHIPPING PORT MANAGEMENT I
      409 words
    • 36 29 Mr 15 Mr FntftfScM* IS rirtwn ScMtft 17 ComrSraa Cram 4 Fvry xMrtn 16 My Flag* 17 1 S*p*|A|Mta 19 SM 1111 l SNMteAateMß tt 9ms Port 17 Traoport dary -2 VMtar «d Sh CmMmb 17
      36 words

  • Page 30 Advertisements
    • 102 30 FOR WHO, WHAT, WHERE AHD WHEH IH THE MARKET. ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in
      102 words
    • 70 30 NOTICE FAR EASTERN FREIGHT CONFERENCE Motlce to Shippers Transport Additional! Operational Surcharges Further to the announcement of 17 September 1990, it has now been reported that Scandinavian feeder operators have implemented a surcharge as from 15.10.90. Accordingly, the following US Dollar operational surcharges will be introduced with effect from 1.11.90:
      70 words

  • Page 31 Advertisements
    • 1923 31 JAROINE SHIPPING AGENCIES rESI KKja^i 21 I vOO/ J PISAMJ AR OINE SHIPPING AGENCIES SON. BNO PORT KELANG TEL: *****18 TELEX NO. MA*****/MA***** S*S PENANG TEL *****4 TELEX NO MA***** CFS TEL *****6 ,VtT Ji /l-Jilu S. lrt >i- t ■WjnfWlS P GUOANG TEL *****2/3 TELEX NO MA***** D«;dicatt'd fo
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    • 950 31 MDEX TOfIDVERTC^ pip coi cw lAI I I ABC Cootaineriine 13 5 Mac-Neb Agenda 14 1/2 Accord Group 8 1-3 Maooline 18 2/3 Albatros Sea-Air 14 *3 •MaerskLine 3 4/5 APL 5 3-5 «MISC 14 1-3 APC Line 14 3 M'sia Shpg Corp 9 1/2 Arrow Lines 9 5 Mendelssohn
      950 words
    • 2039 31 I VMM* Voy ETA J ETO 'Port *Peneng 1 DESTINATIONS Singepore Keieng TMa ml u*tw M W0« ruair by CV 30/10 0400 HM M Fans 4 crS 2*lo nm MRS M Two OAK LQB HOU MEM ATL MIA CHS BAL PHL MYC UON TOM METTE M 9008 30/10 31/10 25/10
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  • Page 32 Advertisements
    • 1106 32 T I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BRSMERHAVEN ANTWERP LE HAVRE OSAKA BAY 96/527 25/10 18/11 13/11 W 12,11 18/11 KONG EXPRESS 97/531 28/10 14/11 18/11 21/11 16/11 24/11 JEEE K SS!A 01/530 1/11 24/11 20/11 rm Afs* RAY 12/534 6/11 23/11 26/11 26/11 LIVERPOOL BAY
      1,106 words
    • 509 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT L.J. BONTANG 28/10 8/11 10/11 15/11 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP L.J. BONTANG 28/10 29/11 30/11 2/12 AI«o accepting Cirjo to CillJO (Pant) vii Vilpi Agents: Singapore: *****56
      509 words
    • 1359 32 B9IOBMIA &XWM REGULAR INDEPENDENT FULL COMTAWER SEHVtCC WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA ALC) ROT) HAM) N SHARJAH 9033 3 23/10 11/11 14/11 19/11 21/11 24/1} 23/1} 2V}} N. MUBARAK 9034-3 01(11 20/11 23/11 25/11 W/Jl *I, nm? N. AL MANSOORAH 9035-3 06/11
      1,359 words

  • Page 33 Advertisements
    • 1492 33 BjgSteamers Maritime Holdings Ltd mP&O I STRAITS SHIPPINGI Containers fcjg accepts out Miu ft* Ik f KMnf fim S'**> )TtWf Btwa W» 1* eiMl OSAKA MY WS7 «T WUM-n/W 2VM MM MOl MOl Ufll I*ll wl* in T— *S»i. a Art XOH HONGKONG EXPRESS 97/531 TOIM/M WM 14/11 I*ll H/H
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    • 1611 33 SP LH ROM HAM BHVN FLX HI KM tot N HANJIN HAMBURG OOW 27/1# 14/11 U|U U|U W1 Hfll CMOTAMC CHANCE BOE 23/1B 2*lS 27/3B Ml 2/11 HANJIN ROTTERDAM OUW 03/11 21/U 22/11 2301 WU 2*ll HANJIN LOMVM MK 2*U 1/U 2|U SfU VU CMOYANG VICTORY 001W I*ll l/U SfU
      1,611 words
    • 38 33 JO-Ot, talfMklOlMli. I>«™ 010*. T«fc 224W12. ZMMII *****34. JBMIi Mm MM4 tai *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST ITSIA NAMDAM 22/23 OCT MUJWOJJII6 SENS LEONC 2*31 OCT KUOMNC. SMU SRI ARIKA 22/23 OCT «*A*6 TRANSSULK 2*2» «CT f. KELANC
      38 words
    • 350 33 awji STRAITS/ JAPAR,/ mum SERVICE SPECIALIST M RO-RO HEAVY LIFTS ntL JSST SSS».SS«. VOT NO 2 1U 2 U vpm* sld m» on» P. Mtanc Ml FT M/M JRfli CMttagont IW Calcutta VU Yokohama Wl mu Nafori mi Mm Oaafca am SotMu UIU TflM NscMnMi •for Discharfiflf Only NOTE: ALSO
      350 words

  • Page 34 Advertisements
    • 676 34 MHill" I CR NBR 11 <*****000-D EXPRESS SEMI-CONTAiNERSNIP SERVICE TO EUROPE VSUVO Y SPORE ROA»M)AM H'BURG BftCIKN ANTWERP > MMMMVMMM lt-NfU UIU a/U Bfl2 Mil niTM/am u-uku u» an an m FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO to Muoamnt Atoo accepting cargo to Cmmbtmem, Port Said, Port AJewndrte, Genoa,
      676 words
    • 694 34 16ft HANJIN SHIPPING I yy, «r full container service Sport LtHavr* R'dan Hturg B'havwi F«towe FEEDER VSL SIN UNE HAUL LAX OAK HANJIN HAMBURG 003W ***** IVU I*U "Ml I*ll WfU CHOYANG CHANCE UK on* H. SEATTLE M4E 11/11 WU HANJIN ROTTERDAM UIW 3/11 21/11 22/11 23/11 25/U 26/11 HANJIN
      694 words
    • 1315 34 MM* zkUd -1 rJ -1 dd 5 i 118l b Jßllnk I I Pill SCP HKC KSC RLC PUS NKT OSK SRU TTO LAX CHS lAL NYC LKV AMI Mi FU MB6 OCP t cimo re-ru m/n a/io a/io mo uu «u i/u W wu u/u 2201 4/12 vu tiu
      1,315 words

  • Page 35 Advertisements
    • 1728 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) 1 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: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.t-(03) *****33, P.Ketang-«)3) *****87, Peftan«-(04)
      1,728 words
    • 1046 35 SINSQV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU; *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND WJ*U votasi R5 iMMtiA mom mtmE sw« pkuuk hmmc n55 thjuct |~ioTT Airrvar K.KAMVWIT an su>
      1,046 words

  • Page 36 Advertisements
    • 1549 36 P»geB I* I QKline J kawasaki risen kaisha, ltd. W I EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST 7 1 r»f i «s» SmbSS 1 T E [a] 4 o l/U v! ?fi!£> FSSiS i iF 22 S 111 GEOR6E BRIDGE 40 1/10 9*lo 11/10 71,10 LIONS
      1,549 words
    • 1116 36 PHIU-ORICNT UN€S PTC LTD 106 ROBINSON ROAD #0700 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHtLI FAX: *****76/*****38 -v BY air, land or sea... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 27 OCT MONTREAL, Ottawa, toronto, VANCOUVER, SWESTERN ONTARIO. 29 OCT DUBAI,
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  • Page 37 Advertisements
    • 1529 37 PACIFIC INTERNATIONAL LINES (PTE) LTD mmMI R1 BuMdinq. 140 Cecil Street HKttOO, Singapore 0106. I BANGKOK I MM 2r. a JfL s ?f, 1 VESSEL VOY SIN SKK SM S2f?» yu !25 PEGASUS PIONEER 104N 34/10 30/10 30/10 LT J2* JJJ 1 GLORY 03N 30/10 37/10 3/11 HAI GUANO 3MB
      1,529 words
    • 977 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** IvESSEL |VOY SPORE P.KLANG SHAMPTON HAMBURG ffHAVEN R'DAM LHAVRE Osaka Bay* 9*527 25/10 19/11 13/11 15/11 12/11 1*" Hona Kong 97/531 28/10 Via Tol 14/11 18/11 21/11 16/11 24/11 Monte Rosa
      977 words
    • 300 37 M MYANMA M FIVE STAR UNE w (Myanmar National Una) Loading for Yangon (Rangoon) S'poft P.KIf Pwi P.Cds MPA-AN VISWI ta Pt MYOMA YWA VI3OM W Od PAGOV3IW Oct PINYA VIIIW MS Oct >25 THE BANK LINE (A oorvico ot Awdfw Wok Bhtpplnp XT SCMI-COMTAINCM BCNVtCC HEAVY LIFT CAPABILITY I
      300 words



  • Page 40 Advertisements
    • 798 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT MTMMWO I UN I FU I BRV I RORH ANT I HBG I RST tnuermken iff an* mi a/u i*u n/11 a/u PANAMA SCN NFM *11 "am 23/11 H/ll */U Wll EUROPEAN SEN WTKO U|U Hl2 7|U W U|U 12)12 ASIAN
      798 words
    • 1051 40 S CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 SOUTH PACIFIC REGIONS MBECT 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 4 3/11 SUSAN 25/10 4 31/10 BANGKOK 25/10 4 29/10 TOKYO 25/10 4 1/11 HONGKONG 25/10
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    • 304 40 LOADING FOB VESSEL ISMME CM OM Mitts HVIOfO *H> STJ WT JASUA aosnaii liu u/u 22/12 vi orr y mm: DISCHARGING FM BRA2IL QUIT STOtC HNL MR ME HI SAN VON NSO MM ■osTvcEN i yii Mni u/u ivn iwu a/11 j*u wi V.MOO2J Regular BBulk and Container Sarvtca Dirad
      304 words
    • 1073 40 r tea 1* ID Ifr s]lSg CHINA OCEAN SHIPPING COMPANY coscp TEL 72SXM 1 M »I^ R s»LPORE B L 7 DIWG FULL CONTAINER LINER SERVICE ****«s CR NO 117I7W00MM CAlLfc COST/Su* General Agents: GOOTAR WlfftNS PTE LID 1 VESSEL/VOT "<• »SSSK_vc >-■ HO w la scr kanc mm* 2*lo
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  • Page 41 Advertisements
    • 1024 41 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA AlllPlDestns 27/10, 3/11 EUROPE all Ports 27/10, 3/11 BANGKOK 25/10, 28/10 HONGKONG/CHINA 28/10, 4/11 SYD, MEL, ADEL, BRIS 29/10, 3/11 FREMANTLE 27/10, 5/11 MANILA 26/10, 2/11 PKLG/PENANG 25/10, 31/10 Port Keiang Branch Tel: *****21/2/3 Fax: *****24 Ponang Branch
      1,024 words
    • 809 41 tafea_P T MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTP<SRE, INDONESIA. MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 IMbPOM MOOMUM IMVKI VSL VOY SIN JKT PAJ SIN PUL
      809 words
    • 588 41 —————b———^ BANGKOK CEBU/MANILA |m,| -gar-) Mpapf—| JENLINK 20N 9* 24/10 Sit 27/10 SO ORIENT 4M 20Q0 1/11 Ml I NANTA mm 12N TW 25/10 SBB 20/10 KITI BHUM MS 2/11 7/11 Ml I SIRI BMjMg 4gN Fri 20/ M Mdh 2MO SO. ORIENT MR Ml MJU MQI I MAMA BHUM#
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    • 300 41 WE HAVE GOT THE FASTEST TRANSIT TIME j TO AUSTRALIA! ■4 NEXT VESSEL: HELEN vzaj ETA 2S/10/90 •J Only 7 days to Fremantl#! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN ¥>l 1 Mfi Ifh |Hw lAt iFwfarllh Wftn HtLiw in zui ig wg r%n maw
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  • Page 42 Advertisements
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    • 344 42 HfciP BLUE STAB UK SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH A PORT CHALMERS ACCEPTING FCL LCL FOE AUCKLAND, NAPIER, WELLINGTON, BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. PLY AUCK LYT MULBERA 17S 24 Oct 2 Mvw Via NPI
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  • Page 44 Advertisements
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  • Page 45 Miscellaneous
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  • Page 46 Advertisements
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