The Business Times, 6 November 1990

Microfilm: NL17137
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday November 6 1990 75"
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  • NEWS SUMMARY
    • Article
      Chinese guidelines suggest higher pay for better workers
      56 1 CHINA yesterday published official guidelines encouraging collectively-owned enterprises to pay more money to their most skilled and productive employees. "If individual workers accomplish a lot, they should get a lot of money. Egalitarianism should not be allowed," said the guidelines published in
      56 words
    • Article
      Asia-Pac potential
      21 1 THE EXPANDING Asia-Pacific markets will provide tremendous investment opportunities for Asian venture capitalists in the coming years Page 2
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    • Article
      Germans coming
      21 1 SOME 750,000 German tourists could be making their way to South-east Asia over the next three years. Page 3
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    • Article
      Prospects still bright
      29 1 BUSINESS prospects are expected to remain bright for the Malaysian manufacturing sector in the latter half of this year, according to a Mida survey Page 7
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    • Article
      Thatcher under fire
      26 1 BRITAIN'S industrialists have joined mounting criticism of Prime Minister Margaret Thatcher's European policy, attacking her opposition to a single EC currency Page 8
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    • Article
      Cut rates, Fed urged
      46 1 US credit market analysts say the Fed will need to be much more aggressive in lowering short-term interest rates to help prevent what looks like the beginning of a mild recession from turning into a much steeper, more prolonged downturn Page 8
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    • Article
      New union agenda
      29 1 EUROPE'S unions have crafted a wide-ranging agenda that covers everything from maternity leave to a proposal that labour be taking seats at boardroom tables Page 10
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    • Article
      Safety standards call
      33 1 STATE and local governments in the US are facing pressure to set safety standards for people working at computer terminals, who increasingly report job-related hand and arm injuries Page 13
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    • Article
      Sea Con to move HQ
      25 1 UK-BASED Sea Containers will be moving its Far East headquarters from Hongkong to Singapore next year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      34 1 WALL STREET began the week on a downward trend yesterday with the Dow Jones industrials index opening 4.70 points off last Friday's close. The index of 30 blue chips opened at 2,486.14.
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    • Article
      Footsie higher
      40 1 LONDON share prices were higher at midday yesterday boosted by Wall Street's Friday advance and some midmorning buying. At about 1215 GMT, the Financial Times-Stock Exchange 100Share Index was up 9.8 points, or 0.5 per cent, at 2,040.5.
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    • Article
      Berjaya in S'pore
      25 1 DIVERSIFIED conglomerate Berjaya Corporation (M) has set up a property sales company in Singapore to market the group's Malaysian properties Page 3
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    • Article
      C&C breakthrough
      14 1 CYCLE Carriage can now sell Mazda cars in New Zealand Page 3
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    • Article
      Gulf pledge to banks
      33 1 GULF ARAB STATES say they will support banks and financial institutions hurt by Iraq's occupation of Kuwait and the ensuing loss of business confidence within the region Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Monday Change BT-MGA 561.51 -0.32 Kuala Lumpur ....481.59 +1.69 Hongkong 2,967.24 -11.68 Tokyo 24,385.33 +190.34 Sydney 1,313.3 +22.3 Friday Change Now York 2,490.84 +35.89 London 2,030.7 +2.7
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    • Article
      CURRENCIES
      20 1 Exchange rates US$ s$ 1.7020 Yen SS 1.3359 MS SS0.630I Money market rates Overnight 6-1/2% -1/8 3-month 6-5/8% +1/16
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    • Article
      COMMODITIES
      33 1 London Gold AM fix USS377.05 -US$2.70 Rubber S'porcDcc... I53.00«/kg +0.5 M'sia Dcc 239.00Vkg unch KLTfai Turnover 47 tonnes +27 Spot M$!6.30/kg -0.10 Crudo palm oil Turnover 1,421 lots +307 Nov M$744/tonnc -10
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  • Article
    EMS stuns market with $20m loss
    607 1  -  Directors expect company to return to profitability in current year By William Chia AFTER keeping the market in suspense for a week, Elec-tro-Magnetic (S) Ltd has dropped a bombshell by reporting an operating loss of $20.30 million for the financial year ended July *31,
    607 words
  • Article
    Lock icon Projects to rank Taiwan as developed nation
    192 1 AFP TAIWAN'S government plans to invest NT$l.94 trillion (US$7l billion) in industrial, energy and other projects that will move Taiwan into the developed world's ranks in six years, officials said yesterday. Under the proposed sixyear national plan beginning next July, Taiwan's economic ministry
    AFP  -  192 words
  • Article
    Lock icon Kuwait urges Baker to take swift action against Iraq
    337 1 The Gulf Crisis Agencies THE EXILED Emir of Kuwait urged US Secretary of State James Baker yesterday to swiftly drive Iraq's occupation armies from his country, as Iraq declared the world should forget about the emirate called Kuwait. "I would like
    Agencies  -  337 words
  • Article
    The expansion of Electro Magnetic
    252 1 ELECTRO Magnetic (S) Ltd camc into the public eye in April 1988 when it went public, having grown by leaps and bounds since it began operations in June 1982 as a video tape and cassette manufacturer. It performed so well that it clinched the 1989
    252 words
  • Article, Illustration
    Morgan Stanley plans to manage US$ lb funds here
    360 1  -  By Quak Hiang Whai LEADING US investment house Morgan Stanley plans to manage about US$l billion worth of funds out of its Singapore operations in two years. The securities giant, which officially opened its Singapore unit Morgan Stanley Asset Management yesterday,
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  • Article
    Lock icon Li Peng wants Sihanouk to head Cambodian council
    229 1 Reuter CHINESE PREMIER Li Peng yesterday threw his weight behind Prince Norodom Sihanouk as the man to head Cambodia's Supreme National Council and help bring peace to the war-torn country. The most urgent thing to do now is to elect Prince Sihanouk
    Reuter  -  229 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      230 1 Nikon The World's Finest Photographic System. Aircraft Schedule 27 Money Changer Rates 27 World News 8 CommoAbes 26 Money Market 25 Cryptic Crossword 27 Regional News 7 Editorial 10 Regional Stock Markets 24 For market indices, editorial, Financial News 6 SES 19. 20 advertising and circulation ex Futures Options 25
      230 words
    • Advertisement
      Page 1 Advertisements Column 2
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      53 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Singapore Airlines ranked top airline
        122 2 SINGAPORE Airlines slipped four places down in the annual readers' rankings of travel spots and services conducted by New York-based Conde Nast Traveler magazine. But the national carrier still emerged tops in the the best airline category. SlA's lower overall ranking, from last year's 23rd
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      • Article
        Not clean and green enough
        100 2 THOUGH Singapore is one of the most environmentally safe countries in the world, many Singaporeans are still mindlessly acting against the clean and green environment, said Second Deputy Prime Minister Ong Teng Cheong yesterday at the "Care for the Environment" exhibition. Mr Ong said that
        100 words
      • Article
        Need to project right image
        130 2 IF THE trade union movement is to remain relevant, it must employ the tools of modern communications to project the correct image of itself, said NTUC deputy secretary-general Lim Boon Heng in a speech made to unionists in late October and just reported in NTUC
        130 words
      • Article
        Learning from the Japanese
        89 2 TEN of Singapore's retail personnel, training and store operations managers leave for Japan this week to learn how the retail industry's productivity can be improved. Organised by the Japan Retailers Association (JRA), the sth Convention on Productivity Improvement in the Retail Industry will be held in
        89 words
      • Article
        A little help from Jetro
        70 2 TO HELP local exporters understand the conditions of the Japanese market and the procedures they have to follow in order to succeed, the Japan External Trade Organisation (Jetro) has published a handbook called "The Japanese Market A Compendium of Information For the Prospective Exporter". Copies
        70 words
    • Article
      Venture capitalists should tap Asia Pacific
      388 2  -  By Diana Oon THE RAPIDLY expanding Asia Pacific markets will provide tremendous investment opportunities for Asian venture capitalists in the coming years, said Philip Yeo, chairman of the Economic Development Board, (EDB), at the opening of the two-day Asian Venture Capital Forum '90 yesterday.
      388 words
    • Article, Illustration
      A sizzling show of power
      332 2  -  By Christopher Tan NEW CARS. Sexy, great and lean cars they are all on display at one of South-east Asia's largest automotive events the Singapore International Motor Show. With a total of 165 state-of-the-art vehicles on display, excluding those used for accessory demonstrations, over a
      332 words
    • Article
      Telecom acts to ease transition to new system
      328 2  -  By Malini Tambyah AIMING to alleviate public concern over the new timebased system of charging local calls, Singapore Telecom will introduce four measures to ensure a smooth transition when the change takes place later next year. At a press conference yesterday, Sung
      328 words
    • Article
      Survey shows Germans keen on visiting SEA
      165 2 SOME 750,000 German tourists could be making their way to South-east Asia over the next three years. A study commissioned by the Singapore Tourist Promotion Board of German travel interests showed that a growing number of West Germans are keen on long haul
      165 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      212 2 NO OTHER PRINTER IS CLEARER, QUIETER, QUICKER OR EVEN SMALLER THAN THE CANON. i I V ..<• I I I hHHMMHMHaaI W j > j >"'••/..:• '«>•<• V; J A •'V'- 1 y :--> .V J >' x ;-5= >- 7. ""> ii 5 <-<* t:Y*;>r. f y.f ->l-j y
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Berjaya Corp (M) sets up sales company here
      318 3  -  By William Chia DIVERSIFIED conglomerate Beijaya Corporation (Malaysia) has set up a property sales company in Singapore to market the group's Malaysian properties here. Berjaya Corporation (S) Pte Ltd was incorporated on Aug 31, 1990, and lists its principal activity as real
      318 words
    • Article, Illustration
      Commemorating a partnership
      194 3 TOP MANAGEMENT of Asahi Shimbun met the chairman of Singapore Press Holdings Lim Kim San yesterday to officially commemorate last month's start of printing of the Japanese newspaper in Singapore. On Oct 1, Singapore became Asahi's fourth printing site outside Japan; the other three locations are London,
      194 words
    • Article
      Lucky Man deal: SES questions Inno-Pac further
      286 3 LISTED Inno-Pacific Holdings was yesterday queried a second time by the Stock Exchange of Singapore (SES) over its proposed deal to acquire a 26.3 per cent stake in Hongkong company Lucky Man Properties Ltd for HK534.55 million. SES, responding to answers provided by
      286 words
    • Article
      C&C gets go-ahead for NZ motor venture
      260 3 A SUBSIDIARY of Cycle Carriage can now distribute Mazda cars in New Zealand with the go-ahead given by the government there for it to buy over the assets of Warren Reid Motors which holds the Mazda franchise. Cycle Carriage paid NZ56.25 million in
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    • COMPANY BRIEFS
      • Article
        Prima appoints new member in audit team
        48 3 PRIMA LTD has appointed Cheng Chih Kwong as an additional audit committee member with effect from Oct 31. As a result, the committee now comprises Mr Cheng, Tan Eng Joo (chairman), Oei Kiat Tho. Kong Yong Yeo and Tang See Chim.
        48 words
      • Article
        GM of latest UOB unit
        31 3 THE United Overseas Bank group yesterday announced the appointment of Raymond Kwok Chong See as the general manager of its latest subsidiary, UOB Life Assurance Ltd.
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      • Article
        Parit Perak's bonus issue
        73 3 THE DIRECTORS of Parit Perak Holdings Bhd have reo ommcnded that shareholders approve a one-for-one bonus issue of 15 million Msl shares at the extraordinary general meeting in Ipoh on Nov 19. In a circular, the directors said the issue, announced on Sep 13, was intended
        73 words
      • Article
        M' sian Pacific optimistic
        85 3 MALAYSIAN PACIFIC INDUSTRIES Bhd should be able to ride out the present uncertainty in the Gulf crisis in the short term despite increased raw material prices arising from higher petroleum costs, says chairman Quek Leng Chan. He added in the company's 1990 annual report thai the
        85 words
      • Article
        Setron pays deposit for deal
        98 3 SETRON (Malaysia) Bhd says it has paid a one per cent deposit of MsBo,ooo for its proposed acquisition of a property in Shah Alam. Responding to a query from the Kuala Lumpur Stock Exchange, Setron said the deposit was paid to the vendor on acceptance
        98 words
      • Article
        Nam Fatt shares recommended
        50 3 SHARES of soon-to-be-listed Nam Fatt Bhd, an engineering and construction-based company, are a good buy, PB Securities Sdn Bhd said in its weekly stock market review. It said Nam Fatt was long-established, conservatively managed and concentrated on projects offering reasonable margins with little dependence on borrowings.
        50 words
      • Article
        Rashid Hussain loan stock
        88 3 RASHID HUSSAIN Bhd will pay interest for May 28 to Dec 31 on its 5 per cent redeemable unsecured loan stock 1990/1995 on Dec 31, it announced yesterday. In order to determine loan stockholders' interest entitlements, the loan stock register would be closed from Dec 22
        88 words
    • Article
      Lock icon KLSE ready for index futures talks
      269 3 Bernama THE Kuala Lumpur Stock Exchange is willing to work with the Kuala Lumpur Commodity Exchange if the latter decides to introduce a stock index futures based on the KLSE Composite Index, KLSE chairman Nik Mohamed Din Datuk Nik Yusoff said yesterday. He added
      Bernama  -  269 words
    • Article
      GK Goh shelves Manila plans
      291 3  -  By Shoeb Kagda GK GOH Holdings, which recently became the second local brokerage-based firm to set up a full licence stockbroking venture in Jakarta, has shelved its plans for the Philippines in view of the heightened political concerns in the country. The company's chairman Goh
      291 words
    • Article
      Lock icon TA Enterprise set to announce merger soon
      269 3 Bernama TA ENTERPRISE, which is holding talks on a possible merger with other stockbroking companies, expects to announce details of the exercise soon, its chairman Mr Tiah Thee Kim said yesterday. The company, which will be cash-rich following its flotation on the Kuala
      Bernama  -  269 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      273 3 The world of Business at Your Fingertips This ckf nitive Guide to 4 5 000 This directory offers the most Features more than 20XXX Leading European companies. comprehensive source available for businesses from various industries comprises of 3 volumes. SS79B information on the U.S. top 50.000 in 14 Asia/Pacific countries.
      273 words
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Chongqing plant to assemble Suzuki minis
        102 4 SUZUKI Motor Corp will provide parts and technology to China Changan Machine Building Plant in Chongqing, China to enable it to assemble 800 cc engine hatchback mini-cars, a Suzuki spokesman said. China Changan will produce minicars using parts of Suzuki's Alto model at rates
        102 words
      • Article
        Seoul, Moscow open direct line
        91 4 THE Soviet Union and South Korea will today open direct international telephone lines, the first between the two countries, the Korea Telecommunications Authority (KTA) said. A KTA spokesman said four international subscriber dialling (ISD) lines, facilitated by an underwater and underground coaxial cable, will be
        91 words
      • Article
        Daelim's US$ 150m Iran deal
        69 4 SOUTH Korea's Daelim Industrial Co Ltd has signed a US$l5O million contract with Iran's Bandarimam Petrochemical Co to construct an ethylene plant in Bandar-e Khomeini, a Daelim official said. The plant would be capable of producing 300,000 tonnes of ethylene per year, he said without
        69 words
      • Article
        Canon boost for Taiwan
        64 4 CANON Inc will move part of its single lens reflex camera production to Taiwan in mid-1991, a company spokesman said in Tokyo. Canon will produce an auto-focus single lens reflex camera, the EOS Series, at Canon Inc Taiwan, which currently produces compact cameras. The company's Oita
        64 words
      • Article
        Tomen Corp opens Hanoi unit
        55 4 TOMEN CORP, a major Japanese firm, opened a representative office in Hanoi this week, the official press said Friday. The Vietnamese government has approved two Tomen investment projects, to produce turpentine in the northern province of Quang Ninh and detergents in Ho Chi Minh City,
        55 words
    • Article
      Hongkong optical firm to make second listing bid
      351 4 SWANK International Optical Co is making its second attempt to list its shares on the Hongkong Stock Exchange, according to the South China Morning Post. The first time the company attempted to list was 18 months ago, but it subsequently abandoned its
      351 words
    • Article
      Lock icon Coles' sales reach A$ 3.5b
      208 4 Reuter AUSTRALIA'S largest retail group Coles Myer Ltd said sales rose 2.2 per cent to A 53.50 billion in the first quarter to end-October over the same period of 1989/90. Coles Myer said Australian sales rose 1.7 per cent to A 53.29 billion in the
      Reuter  -  208 words
    • Article
      Lock icon Brierley's takeover of Mt Charlotte draws scepticism from analysts
      748 4 Reuter BRIERLEY Investments Ltd (BIL) says it has secured a bargain in taking control of Mount Charlotte Investments pic, but most analysts are concerned that BIL may have bitten off more than it can chew. "This is the best deal Brierleys
      Reuter  -  748 words
    • Article
      Kwok Takseng: Visionary who revolutionised HK's market
      476 4 IN FIVE short decades, Mr Kwok Takseng, 79, turned a small grocery store into the the biggest real estate fortune in Hongkong when he died last week. The Sunday Morning Post estimated Mr Kwok's wealth to be worth" more than HK$lO billion and
      476 words
    • Article, Illustration
      Lock icon Canberra turns to entrepreneurs for bail-out help
      963 4 NYT AUSTRALIA is a nation famed for its entrepreneurial titans, larger-than-life empire builders like Rupert Murdoch and Alan Bond, and the government is now turning to its entrepreneurs for help in bailing out faltering state companies and banks. But the appeal for assistance
      NYT  -  963 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      106 4 k\\ sZ* l\ I y V Buffet Tops 1* u e est F cuisine in one sitting. And over 60 dishes at a price that won't cost you the earth. Yes, our French Buffet certainly takes the cake. Pates terrines v oysters, salmon escargots, coq au vin canard a l'orange,
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Nadir blames bear raid for Polly Peck's collapse
      544 5 Reuter ASIL NADIR, chairman of Polly Peck International pic, has said that rumour and gossip led to the collapse of the fruit-to-electronics group. "I think a bear raid took place on the company... It is common knowledge that in the market this
      Reuter  -  544 words
    • Article, Illustration
      Lock icon Sky merger a big financial relief for Murdoch
      445 5 NYT THE PLANNED MERGER of Rupert Murdoch's Sky Television and its rival, British Satellite Broadcasting, "takes tremendous pressure off' Mr Murdoch financially, the investment banker who arranged the deal said on Sunday. But the merger of the two loss-making television stations unveiled
      NYT  -  445 words
    • Article
      Lock icon US securities firms find the going tough in Japan
      609 5 NYT THE STARTLING news that Matsushita Electric was negotiating to buy MCA Inc, the movie-maker, hit American securities houses in Tokyo recently like a thunderstorm after a drought. Deal-parched investment bankers focused not on the proposed buyout's meaning for an ailing
      NYT  -  609 words
    • Article, Illustration
      Lock icon Foreigners making their mark in US book industry
      436 5 NYT WHATEVER ELSE the 1990s bring for American book publishing, they are already shaping up as the decade of the foreign-born executive. The appointment last week of Harold Evans, a native of Britain, as president and publisher of Random House is only
      NYT  -  436 words
    • COMPNAY BRIEFS
      • Article
        UK policy on British Telecoms stake stays
        99 5 THE British government's policy on selling its outstanding stake in British Telecommunications pic is unchanged,, a Treasury spokesman said. "We have always said we will sell the remaining stake when company circumstances and the market permit," the spokesman said in response to a
        99 words
      • Article
        Investcorp to raise US$ 500m
        105 5 INVESTCORP International Inc, the owner of the Saks Fifth Avenue chain, is seeking to raise US$5OO million by selling or refinancing the retail company's real estate holdings, (Train's New York Business reported in this week's issue. Investcorp, which wants to use the proceeds of any
        105 words
      • Article
        Nissan to import GM blocks
        82 5 NISSAN Motor Co Ltd plans to import cylinder blocks made by General Motors Corp and an agreement to that effect is likely to be signed this month, a Nissan spokesman said. The cylinder blocks will probably be for 3,000 cc engines, with an estimated maximum
        82 words
      • Article
        Blystad in US$ 22.9m deal
        113 5 BLYSTAD Group pic said it has agreed to sell two offshore oil drilling rigs to a subsidiary of W R Grace Co pic for U5522.9 million in cash. Grace Offshore Co is to buy the Songa Sky and Songa Sun rigs, which are both based
        113 words
      • Article
        Bhopal rehearing
        111 5 THE Indian Supreme Court has set Nov 13 to rehear challenges to a US$47O million settlement of the 1984 Union Carbide gas disaster at Bhopal in which more than 3,000 people died and thousands more were maimed. The Press Trust of India quoted Chief Justice Ranganath Misra yesterday
        111 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      92 5 mmmmmmmam wwmmm,m*wj»wi<^ sr* stm- m >v* m I A TIMELY EXHIBITION IN CELEBRATION OF CARTIER'S NEW BOUTIQUE OPENING AT PALAIS RENAISSANCE. I nj^Bni m A COLLECTION OF OUTSTANDING, NEW, ONE-OF-A-KIND PIECES, INCLUDING Mystery Clocks, Pendant Watches and High Jewellery,come together TO MARK THE OPENING OF CARTIER'S NEW BOUTIQUE IN SINGAPORE.
      92 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Thai foreign reserves down in September
        88 6 THAILAND'S foreign reserves of gold, special drawing rights and convertible currencies fell to U5513.63 billion at endSeptember from U5513.92 billion in August but against US$9.7B billion a year ago, the Bank of Thailand said in Bangkok yesterday. The September reserves included U*****.7 million worth
        88 words
      • Article
        Nikko unit gets Indon licence
        60 6 NIKKO SECURITIES CO Ltd's Indonesian subsidiary has been granted a securities licence by the Indonesian government, a company statement said in Tokyo yesterday. PT Nikko Securities Indonesia, capitalised at 15 billion rupiah, will start operations on Nov 14. PT Nikko is 65 per cent owned
        60 words
      • Article
        Two Dutch shares suspended
        65 6 SHARES in Dutch bank NMB Postbank and insurance group Nationale Nederlanden have been suspended pending an announcement by the companies, a Nationale Nederlanden spokesman said in Amsterdam yesterday. The Amsterdam Stock Exchange said the shares had been suspended at the companies' own request until further notice.
        65 words
    • Article
      Lock icon NZ government to help in BNZ restructuring
      526 6 Reuter THE New Zealand government will contribute NZ$62O million to a Bank of New Zealand Ltd capital restructuring arrangement that will see a separate company formed to hold the bank's underperforming loans, managing director Lindsay Pyne said in Wellington yesterday. "This initiative, which
      Reuter  -  526 words
    • Article
      Lock icon Gulf states to back banks hit by crisis
      245 6 Reuter GULF ARAB STATES say they will support banks and financial institutions hurt by Iraq's occupation of Kuwait and the ensuing loss of business confidence within the region. Bahrain's Finance Minister, Ibrahim Abdel-Karim, said ministers of the sixmember Gulf Cooperation Council (GCQ
      Reuter  -  245 words
    • Article
      Lock icon NAB managing director becomes Elders chairman
      219 6 Reuter NOBBY CLARK, managing director of National Australia Bank Ltd (NAB), will replace John Elliott as chairman of Elders IXL Ltd, Elders said in Adelaide yesterday. Mr Elliott will become the deputy chairman. The Elders board will also include two directors nominated by Asahi
      Reuter  -  219 words
    • Article, Illustration
      Lock icon BOE sounds warning on European central bank
      184 6 Reuter ROBIN Leigh-Pemberton, the Bank of England governor, will caution against rushing to create a European central bank, the London Sunday Correspondent said. The governor was scheduled to speak at the French institute for international relations in Paris yesterday, where he was expected
      Reuter  -  184 words
    • Article
      Lock icon Tokyo insurers preparing for dollar plunge
      633 6 Reuter JAPAN'S life insurance companies, saddled with massive US bond and stock investments, are steeling themselves for another plunge in the US dollar. The US currency has shed about 33 yen since April when it hit a 39-month high of 160.35 yen in Tokyo.
      Reuter  -  633 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      34 6 I SIEMENS Jt a# Thermal power station expertise ■i now available in Singapore The growing demand for electrical energy in all in Southeast and your specific application mini"" requirements. "0% Versatility is our strength.
      34 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Malaysian manufacturers face bright outlook
      370 7 Bernama BUSINESS PROSPECTS are expected to remain bright for the Malaysian manufacturing sector in the latter half of 1990, with the majority of firms expecting to post extremely good results, according to the latest Malaysian Industrial Development Authority (Mida) industrial trends survey. The report, released
      Bernama  -  370 words
    • Article
      Lock icon Imelda offers to return late husband's wealth
      199 7 UPI FORMER Philippine First Lady Imelda Marcos, who was reported to have reached a deal with government repatriating part of her family's wealth, has offered to return all her late husband's riches, the Manila Standard reported on Sunday. The independent newspaper said Mrs
      UPI  -  199 words
    • NOTE BOOK
      • Article
        Global recession ahead: ADB president
        96 7 ASIAN DEVELOPMENT BANK (ADB) president Kimimasa Tarumizu warned yesterday that the world economy was on the brink of a recession and promised special measures to protect developing countries in the region. Speaking at the opening of a conference on the Asian economic outlook at the
        96 words
      • Article
        Aussie inflation could rise
        72 7 A GOVERNMENT economic minister has said that Australia's inflation and unemployment rates might be higher than those forecast in the August federal budget. Finance Minister Ralph Willis said on Sunday that the revised figures were due to Australia's economic slowdown and the Gulf crisis. He said
        72 words
      • Article
        Forests, wildlife at stake
        86 7 INTERNATIONAL AGENCIES are moving ahead with plans to build a huge dam that would threaten some of the finest forests and wildlife in Laos, a British environmental magazine claimed in a press release seen yesterday. The Ecologist said the construction of the Nam Theun 2 dam
        86 words
      • Article
        Support for single market
        77 7 BANK OF JAPAN governor Yasushi Mieno said yesterday he supports the idea of creating a single market in the Asia-Pacific region that would accommodate intra-regional diversity while being open to countries outside the region. "In the Asian-Pacific region, a regional market different in form from that
        77 words
      • Article
        Indon armed forces' role
        76 7 INDONESIAN President Suharto yesterday said the armed forces should not only rid the country of internal and external security threats but also help weed them out at their roots. "Various forms of security disturbances are often just the outer signs of deeper problems. Therefore, concurrently with
        76 words
    • Article
      Jakarta preparing regulation on product standards
      240 7 THE Indonesian government is in the process of preparing a regulation on Indonesian National Standards (SNI) for the country's products. The Jakarta Post on Friday quoted Industry Minister Hartarto as saying that the government regulation would be accompanied by a Presidential decree on its
      240 words
    • Article, Illustration
      HK denies reports of watchdog status for monetary department
      480 7 THE HONGKONG authorities have denied earlier reports that the British colony's planned government monetary department could assume powers similar to those of the Monetary Authority of Singapore. The Sunday Morning Post quoted the island colony's Secretary for Monetary Affairs, David Nendick,
      480 words
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      Page 7 Advertisements Column 1
      356 7 .''■JiKh x m W J flfll BK W- Kf j V 4 bd L iiilflPfr'* 0093 V V l d L J Mr Ikk' a > i^Hii <?'# iBHR'-Jt Jfll &c? fl I J F Sp .nuiwl y c "H| 1 M P^Hr^l See The 16,700,000 Extra Features Epson Offers
      356 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Promote market opening, Tokyo urged
        93 8 BANK OF JAPAN governor Yasushi Mieno yesterday said Japan must promote its market opening and financial deregulation for the further prosperity of the Asia-Pacific region. Speaking at an annual meeting of the Asian Bankers Association in Tokyo, he was quoted by association officials as saying
        93 words
      • Article
        Gorbachev to visit Germany
        107 8 SOVIET PRESIDENT Mikhail Gorbachev will begin a threeday visit to Germany on Nov 9, the first anniversary of the opening of the Berlin Wall, according to German government sources. The newspaper Welt am Sonntag, which is close to Chancellor Helmut Kohl's Christian Democrats, said last Sunday
        107 words
      • Article
        US-backed reforms opposed
        101 8 IMPLEMENTING US-backed reforms of Panama's banking and business laws would destroy the country's 120 foreign and domestic banks as wells as some 200,000 private companies, a prominent attorney has said. Jose Alvarez, president of the Panama's Bar Association, said last Saturday that US efforts to get Panama
        101 words
      • Article
        Russia signs direct trade pact
        78 8 THE RUSSIAN FEDERATION, the most powerful of the 15 Soviet republics seeking more independence from the Kremlin, has signed its first direct trade agreement with a foreign country. The Tass news agency reported last Sunday that Russian Foreign Trade Minister Viktor Yaroshenko signed a five-yeat
        78 words
      • Article
        Bad news for Brazil's economy
        85 8 A WEEK of bad economic news has heightened fears that Brazil is headed for a deep recession. Last Thursday, the Commercial Association of Sao Paulo reported 256 of the city's companies went bankrupt last month, a jump of 37 per cent from September. It said
        85 words
    • Article, Illustration
      Lock icon Cairns Group to hold talks on Gatt deadlock
      439 8 Members divided on how to put pressure on EC AFP TRADE and agriculture ministers of the 13-member Cairns Group of farm exporting countries were flying to Geneva last Sunday for crisis talks on the deadlock created in world trade negotiations in Geneva
      AFP  -  439 words
    • Article
      Lock icon China to pump US$ 20b into oil exploration
      234 8 AFP CHINA has earmarked more than US$2O billion for oil exploration in its 1991-95 budget, the New China News Agency (NCNA) has reported, citing figures from the China Oil and Gas Exploration and Development Corp. Exploration efforts would be concentrated in the
      AFP  -  234 words
    • Article, Illustration
      Lock icon Industrialists rap Thatcher's EC policy
      355 8 Reuter BRITAIN'S industrialists have joined mounting criticism of Prime Minister Margaret Thatcher's European policy, attacking her opposition to a single currency for Europe. "We believe in economic and monetary union and we believe in the long run in the desirability of one currency because of
      Reuter  -  355 words
    • Article, Illustration
      Superpower 'boost5 at rally
      50 8 Superpower 'boost 5 at rally Four supporters of the German Social Democratic Party's candidate for chancellor, Oskar Lafontaine, don masks of US President George Bush, Soviet President Mikhail Gorbachev, as well as German Foreign Minister Hans Dietrich Genscher and Chancellor Helmut Kohl. They were attending an opposition rally last Sunday.
      50 words
    • Article
      Lock icon Indian PM's party splits apart
      235 8 AP INDIAN Prime Minister V P Singh's party split apart yesterday, throwing the government into disarray in a country already rocked by Hindu-Muslim violence that has claimed hundreds of lives. A large faction of Mr Singh's Janata Dal Party deserted him and chose a new
      AP  -  235 words
    • Article
      Lock icon Taiwanese firms seeking deals with visiting Soviet team
      338 8 AFP ABOUT 200 local manufacturers are vying to sell their goods to a Soviet trade delegation, which was set to arrive in Taipei last Sunday with the authority to buy US$lOO million worth of goods, say sources in the Taiwanese capital. The
      AFP  -  338 words
    • Article
      Lock icon Analysts see need for speedier rate cuts by Fed
      379 8 NYT CREDIT MARKET analysts say the US Federal Reserve Board will need to be much more aggressive in lowering short-term interest rates to help prevent what looks like the beginning of a mild recession from turning into a much steeper, more
      NYT  -  379 words
    • Article
      Lock icon Gorbachev aides warn against compromise reform plan
      329 8 NYT A GROUP of Soviet freemarket economists, including two of President Mikhail Gorbachev's top advisers, have warned that the Soviet leader's compromise economic programme is pointing the country towards hyperinflation and political paralysis. The public disavowal of Mr Gorbachev's approach last Sunday was
      NYT  -  329 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      350 8 111 December 1990 ALe Meridian Singapore 12 December 1990 A Hotel Borobudur Jakarta I ■An Important One-Day Briefing by our The panelists are: H authoritative panel from the Indonesian at i v f I fl Directorate General for Customs Excise as well uo u I Director, Customs "Om industry. Directorate
      350 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      345 9 YES. IT IS A VOLVO. I Your surprise is completely sate, consistent behaviour of the The cars are fitted with a I I understandable. After all, the car as well as excellent comfort. new safety feature the 3-point I I sophisticated new Volvo 960 The temperature ot the interior safety
      345 words
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  • Article
    We are the world, aren't we?
    532 10 EDITORIAL It would be nice to believe that the world, or more specifically, the near 5 billion humans on this earth, can arrive at a r, more environmentally friendly tomorrow without too much difficulty. But that's not going to happen. It is time all
    532 words
  • WHAT THE OTHERS SAY
    • Article
      What's best for Ubin
      218 10 BASED ON recommendations by the National Youth Council, the government has decided to leave Pulau Übin as an "Adventure Island" for activities like camping, hiking, rock-climbing and canoeing. It is also spending $24 million on the expansion of the Outward Bound School. A number of questions
      218 words
    • Article
      Pakistan's future
      133 10 THE HIGHLIGHT of Pakistan's recent general election was the defeat of former PM Benazir Bhutto's party. Although the election was considered fair by a number of international watch groups, Ms Bhutto seems reluctant to accept the majority decision. The question for her now is whether it is worth
      133 words
    • Article
      Understandable concerns
      107 10 THE MALAYS are an ethnic minority in Singapore. Their concerns and worries over the Speak Mandarin Campaign are understandable. While the Chinese community presses ahead to promote the Chinese language and Chinese culture, it should not neglect the promotion of exchanges with other cultures. For instance, Chinese businessmen,
      107 words
  • REGIONAL VIEWPOINTS
    • Article
      Leave spies out in the cold
      172 10 SOME LAW ENFORCERS believe that to guarantee security and public safety, everyone should be suspected, locals or foreigners, even honorable members of the House of Representatives. The obligation of the people to obtain a permit from the police every time they want to have
      172 words
    • Article
      If they are what they eat
      161 10 IT IS ONE of the wonders of Nature that fish are still caught in Victoria Harbour every day, even though pollution in the form of "heavy metals" is present in "very high concentrations", according to a leading British marine biology expert. A conference in
      161 words
    • Article
      A friendship held hostage?
      154 10 THE CALL for another Thai-Vietnamese summit is very timely. It comes at a time when positive changes have occured in the region. The US has already begun dialogue with Vietnam, its archenemy since the end of the Vietnam War. The leaders of China and Vietnam have
      154 words
  • Article, Illustration
    Workers of the Community, unite
    1375 10  -  Workers want their piece of Europe Inc, and it looks like they are gettingat, report Jonathan Kapstein, Blanca Riemer and Richard Melcher Jonathan Kapstein, Blanca Riemer, Richard Melcher UP TO NOW, the idea of 1992 has been the brainchild of Europe's corporate and financial gurus
    1,375 words
  • Page 10 Advertisements
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      71 10 DOONESBURY BY GARRY TRUDEAU BOW UNANNOUNCED lACSIMVENPORT, IkX AND UNOPPOSED, MRS- My REACT/ON 7 IN TIGHT! AND IN THE REPUBUCAN CON6RE9S- PAVENPORJ RECEIVED fO WHAT, IN TIGHT! CALIFORNIA, A WOMAN (OHO RESIGNED LAST l 136,000 VOTES, AN DEAR* SHE'S STIUREMARKABLE SUMMER (MR THE 56 L EXTRAORDINARY FEAT A VIRGIN 1
      71 words
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  • ANALYSIS
    • Article, Illustration
      Making productivity tangible to all
      2177 11  -  Excerpts of Professor Lester Thurow's speech at the 1990 National Productivity Congress 'Making Quality Work' on Nov 2 Lester Thurow's 4 ALTHOUGH productivity (output per hour of work) is the central longrun factor determining any population's standard of living, it differs from most other economic
      2,177 words
    • Article, Illustration
      Lock icon Boom turning to gloom after 11 years
      982 11  -  For Margaret Thatcher and her Conservative party, the heat is on, writes Nicholas Moore Nicholas Moore Reuter IF THE 1980s were boom years for Britain, the 1990s suddenly look like an age of anxiety. Foes say that after 11 years in office, a
      Reuter  -  982 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      33 11 SHORT TERM APARTMENTS FOR RENT!!! Nicely furnished private apartments with kitchen facilities (1 to 3 bedrooms). Many convenient locations at attractive rental rates and flexible terms. From SS4OO per week onwards. TEL: *****98
      33 words
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      Page 12 Advertisements Column 1
      101 12 ADVANCE AUTOMOBILE PROUDLY PRESENTS THE PEUGEOT 605 INEVITABLY. PEUGEOT DELIVERS YET AGAIN. THE TOP OF THE RANGE PEUGEOT 605. THE NEW LUXURY SALOON. V > M Models available in Singapore:605 SRI2Land 605 SV3 V6. The 605 SV3 V6 is on exhibit at the Singapore International Motor Show, Booth 4D01, World
      101 words
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  • INNOVATION & TECHNOLOGY 1
    • Article
      Lock icon VDTs: pressure for safety rules
      642 13 American computer users are clamouring for protection against RSI and other ailments Reuter STATE and local governments in the United States are facing pressure to set safety standards for people working at computer terminals, who increasingly report jobrelated hand and arm injuries. Some businesses oppose
      Reuter  -  642 words
    • Article, Illustration
      The PC pyramid and other Indonesian IT insights
      566 13  -  Kenneth James was in Jakarta recently to find out the state of the Indonesian information technology (IT) industry IT MATTERS Kenneth James MY Indonesian contact did not hesitate. "If you want a quick overview of the IT scene in Indonesia, talk to
      566 words
    • Article
      Lock icon Hubble observes distant quasar
      324 13 UPI THE HUBBLE space telescope has made its first observation of the chemical makeup of a faint object a distant quasar that may provide clues about the early universe, Nasa officials reported in Greenbelt, Maryland on Sunday. Using the telescope's faint object spectrograph, astronomers from the
      UPI  -  324 words
    • Article, Illustration
      Timely moves by Timeplex
      295 14  -  Asean's financial boom means big things for a digital communications company, reports John Tan John Tan Timeplex, a wholly-owned subsidiary of Unisys, plans to market its private digital network and switching systems aggressively in the fast-growing Asia-Pacific region. For a start, it will step up seminars
      295 words
    • Article
      Lock icon 3D faces challenges in rapid prototyping
      517 14 NYT VER THE past two U I years, design engineers who have create! the specifications for ccyplicated parts on their screens have begun to3use lasers to build plastic models of those parts in just a rw hours. ♦Scores of companies have ussd such prototypes
      NYT  -  517 words
    • Article
      Gintic, Digital to do joint research
      340 14  -  Claire Leow reports on the latest local boost for computer-integrated manufacturing technology Claire Leow Gintic institute, the national body responsible for work on computer-integrated manufacturing (CIM) technology, will soon embark on two joint research projects with Digital Singapore to enhance its engineering muscle. The
      340 words
    • Article
      Hand-held toxicity monitor
      255 14 A HAND-HELD monitor to assess the level of toxic heavy metals has been developed by a newly-established local firm, Eutcch Cybernetics. The Elcctrascan Monitor is cxpcctcd to reap in multi-million-dollar orders by next year for its owner, which is partially owned by the Singapore Institute of Standards
      255 words
    • Article, Illustration
      Lock icon New process for high-yield crops
      252 14 NYT SCIENTISTS have genetically engineered certain plants to prevent pollen production, an advancc that could help farmers produce high-yield hybrid crops more easily. The technique, reported in the current issue of the British journal Nature, involves introducing a synthetic male sterility gene into plant cells.
      NYT  -  252 words
    • Article
      TECH TAKES
      350 14 BAR CODE LABELS, those familiar if inscrutable blocks of black and white stripes, have long been used to store prices on groceries as well as information for such things as shipping orders and even business forms. Now, Matsushita Electric Works of Japan has received an American patent on
      350 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      824 13 A The Saitama Bank, Ltd. I (INCORPORATED IN JAPAN) I I NON-CONSOLIDATED BALANCE SHEET NON-CONSOLIDATED STATEMENT OF I I An at March 31, 1990 and 1989 INCOME AND EARNED SURPLUS I I Millions of Yen For the Fiscal Years Ended March 31, 1990 and 1989 I I ASSETS 1990 1989
      824 words
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      Page 13 Advertisements Column 2
      164 13 1 The bottom line is that we are the world's leading T|| software developer for AS/400 computers s 2 5' 3 9 T 1 3 o. <* 3 9T 3 O. l 2 a; Q. 3 yr o 3" J? 3 m c 3 OS c r 2 8 y
      164 words
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      Page 14 Advertisements Column 1
      148 14 In StOße j 30 of Elton John's greatest songs including the new single "You Gotta Love on Poly Gram double cassette i and Compact seven have been consecutive U.S. j&k He also became the first ever artist to enter the US album 846 947-2/4 To find out just how little
      148 words
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  • CORPORATE FOCUS
    • Article, Illustration
      Lock icon US banks strike bad patch
      623 15 US and Japanese banks face tough times. Questions are being raised about the big US banks' survival while six Tokyo banks' ratings have been downgraded Reuter JUST HOW BAD are things going to get for Citicorp and its fellow big US banks? Will they survive?
      Reuter  -  623 words
    • Article, Illustration
      Lock icon Tokyo banks hit by hostile business environment
      829 15 Reuter THE PARTY has ended for Japan's powerful city banks whose cut-throat lending practices look like they're being curtailed by an increasingly hostile business environment, bankers and monetary officials say; IBCA, a London-based international credit rating agency, said on Friday it downgraded the
      Reuter  -  829 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      91 15 You Don't Just Carry A Briefcase, j You Wear It 3 I f r i&S&yy. Its speed is also hard to beat —tO Minolta FJ>>4(X) is such a tough aa to copy copies a minute. While Simul-Color II (lull 563 to find out more r **'*v .Ui W lets vou
      91 words
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      1289 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE HI PLUM'S illinium Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself. The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's
      1,289 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      611 16 TELEVISION ANP IAPtO TUA "005 ISSSr!S.~ BUS»PSS<wrapk) ine main nidn 7. M is2l"K££" mi Take a Copy (Last epiode). A forsaken their wild rebels-on- 4.25 Tka Right ta L«N (cont'd). '•Jt""* Jip Vf ;IH! [t] 4 copy of the proposals fcr a wheels day for the "peaceful- 435 Cluiik't Angats
      611 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Updike, sex and the normal man
      1007 17  -  John Updike has just published another saga of Rabbit Angstrom, now in his twilight years. Charles Trueheart reports. Charles Trueheart IHT IT DOESN'T TAKE John Updike long to get around to sex. And why not? Sex, it seems, shares a twin bill with God
      IHT  -  1,007 words
    • Article, Illustration
      Fergie's date with young patients
      551 17 oubmE BRITAIN'S Duchess of York toured a Sydney children's hospital yesterday on the first official engagement of a fourday visit to Australia. Sarah, nicknamed Feigie, is in Australia at the invitation of the Royal Flying Doctor Service, a special air service that provides medical and
      551 words
    • Article
      Lock icon Gyms are moving into the home
      617 17  -  More and more people in the US are trying to get in shape with expensive home exercise equipment. But is this just the latest fad in the fitness game? Barry Schiffman reports. Barry Schiffman NYT Heavyweights jump rope. American Marines do push-ups. But these
      NYT  -  617 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      243 17 AND ENTERTAIN FROM 5-23 NOVEMBER 1990 Austrian Sfooa''Sfastioal In the candlelit ambience of a hunter's lodge, enjoy goose, veal, venison, trout and more. Delicately flavoured, deliciously prepared Viennese style. 16 Nassim Hill. Reservations: 732 1222 Ext 1582/1597. Businessman's Luncheon: 12 noon to 2.30 pm (Mon Fri). Dinner: 7.00 pm to
      243 words
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      Page 17 Advertisements Column 2
      135 17 Now at Singapore's only authentic Arabic restaurant, enjoy our latest -v .7 S3 cxotic sc,ection specialties, hnab'Zeit (stuffed grape leaves in olive oi I), Kufta (minced mutton kalis in butter), Kaspa Q (rice spiceil with cumin, cinnamon, almonds, raisins) plus Grilled Beef Ribs (A rabian style). Or select prime cuts
      135 words
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      Page 17 Advertisements Column 3
      41 17 Sumptuous Teochew Cantonese DianXin Lunch from $2.40 Daily at Centrepoint: *05-16 Centrepoint fc Orchard Road Tel: 733 3338 Only on Saturday, Sunday Holiday at Battery Road:- 'I 9 Battery Road "81-00 TIOCHEW CITY' Straits Trading Building Tel: 532 3622 SEAFOOD RESTAURANT
      41 words
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  • SPORTS
    • SIDE LINES
      • Article
        Spanish pair win Benson and Hedges
        145 18 JOSE MARIA CANIZARES and Tania Abitbol of Spain dombined for a four-under-par 68 on Sunday to win the Benson and Hedges Mixed Pairs Trophy golf tournament in Spain. The two Madrid natives, who had teamed up to finish $cond and fourth in the last
        145 words
      • Article
        Pirovano proves himself
        108 18 TALI AN Fabrizio Pirovano proved that he is the best superike rider at the Shah Alam Motorsports Paradise circuit near Kuala Lumpur when he won the second heat of the 12th Superbike World Championship on Sunday. Australian Rob Phillis, who took second place in the first heat
        108 words
      • Article
        Medvedeva's first title
        42 18 jIJNSEEDED Soviet Natalia Medvedeva upset fifth-seeded American Susan.Sloane on Sunday to capture her first career jingles title at the USS 150,000 Nashville women's tennis tournament. Medvedeva, ranked 106 th in the world, won 6-3, 7-6 (7/3) and earned U5527,000.
        42 words
      • Article
        No change in match times
        89 18 THE International Tennis Federation (l i b) has ordered Australia to stick to the Davis Cup final times set by their American opponents. Australia appealed to the ITF international management committee for a rescheduling of times. Australian tennis officials had accused the US of putting
        89 words
      • Article
        Dolphins defeat Cardinals
        40 18 DAN MARINO threw touchdown passes of 17 yards to Tony Paige and 7 to Mark Clayton and the Miami defence shut down the Phoenix attack on Sunday for the Dolphins' fifth straight victory, 23-3 over the Cardinals.
        40 words
      • Article
        Marsh leads assault
        46 18 WESTERN Australia batsmen, led by Geoff Marsh's 151, battered England's bowlers on Sunday on the third day of a four-day cricket match at the WACA ground in Perth. Marsh and Mike Veletta produced a first-wicket stand of 195 in Western Australia's second innings.
        46 words
      • Article
        Breaking new ground
        66 18 A TOP African sports official in Harare declared on Sunday that while boycotts would continue "a new era" in South Africa's two decades of world sports isolation had been opened. 'Today African sport shook hands with South African sport," said Jean-Claude Ganga, president of the Association of
        66 words
    • Article, Illustration
      Lock icon Edberg holds on to top spot
      443 18 Paris Open AP STEFAN EDBERG clung to the No 1 ranking in tennis by default on Sunday as Boris Becker "heard something pop" in his thigh and had to retire from their final in the first set at the Paris Open. It was the
      AP  -  443 words
    • Article
      Lock icon Good putting clinches title for Hill
      326 18 UPI MIKE HILL shot a finalround eight-under-par 63 on Sunday to make up a fourstroke deficit and win the US$5OO,OOO Security Pacific Seniors Classic, his fourth victory of the season on the PGA Seniors Tour. Hill's three-day total of 12-under-par 201 was one stroke
      UPI  -  326 words
    • Article, Illustration
      Lock icon Kenyan Wakiihuri breaks free to win New York Marathon
      607 18 UPI DOUGLAS WAKIIHURI of Kenya, the silver medallist at the Seoul Olympics, broke free from a pack of four with 9.6 kms to go on Sunday to win the New York City Marathon on an uncomfortably hot day. Making his first
      UPI  -  607 words
    • Article
      Lock icon Verhoeven takes second leg of Tour of Mexico
      271 18 AP DUTCH cyclist Nico Verhoeven won a controversial second consecutive leg of the Tour of Mexico on Sunday, eight laps after team-mate Raul Alcala convinced riders to stop briefly to protest against dangerous conditions. Race officials, who met after the race, decided
      AP  -  271 words
    • Article
      Lock icon Challengers change format for trials
      433 18 America's Cup AP AMERICA'S Cup challengers have made minor changes in their trials format that will determine which of them will face a US syndicate for yachting's most prestigious trophy in 1992 races off San Diego. Representatives from the 12 challenging groups have rejected a
      AP  -  433 words
    • Article
      Lock icon Windies beat Rest of the World by four wickets
      321 18 Reuter WEST INDIES beat a Rest of the World XI by four wickets with just three balls to spare in a 50-over match in Toronto on Sunday, thanks largely to a 96-run knock by man of the match Carlisle Best. Best
      Reuter  -  321 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stock prices finish narrowly mixed
      4520 19  -  By William Chia SHARE PRICES on the Singapore stock market ended narrowly mixed yesterday due to a lack of followthrough buying in a lethargic market. The Straits Times Industrials Index rose 1.82 points to end at 1,132.92 after having risen to 1,137.68 earlier. The Business
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4089 20 Main Board SPC Foreign 196 +17 +9.5% NatStecl 665 +15 +2.3% Semb Shipyard 438 +12 +2.8% FELS 50* 610 +10 +1.7% Spore Land 530 +10 +1.9% Spore BusF 500 500 +10 +2.0% SSE 25* 138 +10 +7.8% B Sembawang 460 8 +1.8% SBS 160 +8
    4,089 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Afternoon selling erases early gains
      3733 21 Bernama SHARE PRICES on the Kuala Lumpur stock market closed barely steady yesterday as early gains were eroded by afternoon selling pressure. The KLSE Composite Index ended 1.69 points higher at 481.59 after touching 485.75 at mid-morning while the Industrial Index was just 0.91 of
      Bernama  -  3,733 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      89 21 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS SI Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      94 22 Company Oat* Year Group Nat Nat earnings Gross ann t* profit/loss (L) par ska re dividend ('000) (coats) fAI Ins No* 1 J«n 90 *$18,237($60,043) 80(27 1) 90(90) Centrepomt Oct 30 tun 90 $14.453($8,599) 5.4(3 2) 5 8(2) Cold Storage Oct 30 lun 90 $23,170($15,495) 8 7a(5 8a)
      94 words
    • Article
      PRELIMINARY RESULTS
      88 22 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) CI Holdings Oct 29 Jun 90 M$19.466(MS5.091) 27(9.9) 10(-) Cetebos Oct 19 Jul 90 $70,015(163,113) 126(11 3a) 20TE (9TEa) SBS Oct 11 Jun 90 $4.140($4 809) 115(12.9) 7(9) L4M Oct 10
      88 words
    • Article
      INTERIM RESULTS
      354 22 Coatpany Oat* Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) George Kent Oct 31 Jul 90 M$2.556($l,938) 4(3) General Corp Oct 31 Jul 90 M$5.134($l,145l) Heua Corpn Oct 31 Jul 90 M$l,391 ($2,806) Jacks Int Oct 31 Jul 90 $326(11.233) Jolun HWgs Oct 31 Jul 90
      354 words
    • Article
      DIVIDENDS ANNOUNCED
      775 22 Current Ex Books Dot* Total lor Total lor payment date dose payable the year last year Acma 5%TE(I) Oct 19 Oct 31 Nov 15 5%TE USB 10%(b) Jan 4 Jan 18 Jan 28 10% 12% Mah 61(b) No* 22 Dec 6 Oec 28 6% 6% A vino 75%TE(I)
      775 words
    • Article
      RESULTS DUE
      708 22 Singapore Stocks Last Full Year Carpai? Penod Date Year Net EPS Gran Net muted tnk% (cents) dtv pre* list yur (J-OOO) lea* Hot Intenm Mx30 Dec 89 5351(h) EMS Fnal Sep 27 Jul 90 140 35TE 4.750 Jadu M Interim Oct 26 tan 91 2281 SM Interim Oct
      708 words
    • Article
      BONDS, LOANS & WARRANTS
      657 22 BONDS, LOANS WARRANTS CmwiIm period Cowvwsion tcnn Iw mm sluft 5 Nt Before_26/4/93 1 warrant pkK 13 09 cash Cjuwwiy Loan Cwnoway Nt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant plus $1 nominal amount ot loan stock Chan Motes Ctuan Nt March 87 to 31/12/91 1.55
      657 words
    • Article
      CORPORATE DEVELOPMENTS
      347 22 Nov 2 DBS Bank which has been granted a banking licence in Hongkong, can now offer a whole range of banking services including current and savings accounts and treasury. Under the new ruling, however, DBS Bank can only have one branch there Cdd Storage HoMngs (CSH) has acquired
      347 words
    • Article
      APPROVED ISSUES
      352 22 Company Rights Issue Mu One-tor-a* MSI 00 per dure Ex-date: Nov S Books dose: Nov 19 Acceptance A Payment NYA MB*** One-tor two M$5 00 per share Ei-date Oct 24 Boots close Nov 7 Acceptance Payment NYA UN rtdp Mm-tor ten fe MSI 00 per share Ex-date Oct
      352 words
    • Article
      COMPANY MEETINGS
      240 22 The Development Bank of Siijapore Ltd EGM at the Board Room, 46th Storey DBS Building, 6 Shenton Way, Singapore 0106 on Tuesday. Nov 6, at 11am. Fist Capital Corp Ltd: 14th AGM at the Pinetree Town Country Club, 30 Stevens Road, Singapore 1025 on Friday, Nov 9, at
      240 words
    • Article
      PROPOSED ISSUES
      507 22 Company Rights Issue Mcom Or*tor two to M$1 00 per share Issue ot 40m Cumulative Redeemable Preference Shares of MJO 10 each at MJ1 per share with 10m detachable TSR Bolton One tor four 00 per share Causeway km Capital reduction scheme to reduce par value of shares
      507 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      458 22 Who Leads Singapore? Ruled by a tightly knit group of politicians and bureaucrats led by Prime Minister Lee Kuan Yew, the Republic's power elite has broadened in recent years to include business executives and a few women. T wentyfive years ago, only a handful of individuals held the J J
      458 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Futures buying helps stocks to close firmer
      2244 23 Reuter TOKYO stocks closed firmer yesterday, but volume was the thinnest since hitting a three-year low point on August 20. Trade was generally featureless with the indices ending modestly higher on the yen's strength and on Friday's gains on Wall Street. "The market
      Reuter  -  2,244 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Index see-saws on Gulf uncertainties
      2266 23 SHARE prices closed lower in quiet trading yesterday with brokers divided on the likelihood of war in the Gulf. The Hang Seng Index eased 11.68 points to 2,967.24 after gaining 19.94 at the opening in the morning. Brokers said speculation about a quick end to
      2,266 words
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  • REGIONAL STOCK MARKETS
    • News Corp, banks give stocks a fillip
      • Article
        AUSTRALIA
        962 24 A TECHNICAL bounce led to a rally in Australian shares which was fuelled by a sharp rise in News Corp stock and gains in the banking sector. Brokers said advances in major offshore bourses also helped provide direction for locals but most believe the bounce is shortlived. "There was
        962 words
      • Article
        Untitled
        87 24 Close Pre»io»» No* 5 SYDNEY All Ordinaries Index 1,313.3 1,291.2 +22.1 All Industrials Index 1,958.1 1,912.2 +45.9 All Resources Index 811.2 806.0 +5.2 Turnover (million) 76.52 86.39 -9.87 BANGKOK SET Index 673.06 657.43 +15.63 Turnover (million) 49.86 39.31 +10.55 JAKARTA Composite Index NA 419.73 Turnover (nearest *000) NA 1,430 MANILA
        87 words
      • Article
        BANGKOK
        630 24 THAI stocks finished sharply higher yesterday on a rally in the finance sector and fresh hopes of Gulf tensions easing. The composite SET Index gained 15.63 points to close at 673.06 in 2.3 billion volume. Gainers led losers 136 to 22. Most active were Union Asia Finance, Asia Securities
        630 words
      • Article
        TAIPEI
        380 24 TAIWAN stocks finished 6.75 per cent higher on buying by big players and gains in the Tokyo market, dealers said. The weighted index rose 222.97 points to finish at 3,527.83, compared with Saturday's 3,304.86 close. Turnover was NTS 36 billion against NT529.2 billion. Dealers said some financial institutions entered
        380 words
      • Article
        MANILA
        488 24 PHILIPPINE share prices closed mixed yesterday with many investors shifting to the currency market after last week's peso devaluation and some waiting on the sidelines for political developments this week, brokers said. The Manila Stock Exchange composite index eased 1.21 points to close at 598.53. Combined volume at the
        488 words
      • Article
        SEOUL
        803 24 SEOUL stocks fell in moderate trade yesterday after the index fluctuated within a 10-point range as investors reacted to rumours throughout the day, brokers said. The composite index, which gained slightly in mid-morning, continued a roller-coaster ride up and down for the rest of the day. It ended at
        803 words
      • Article
        Untitled
        315 24 In local currency la S$ la US$ day year day year day year Not 2 Index change change change change change change World 349.6 0.1 -24.8 0.2 -27.4 0.4 -19.3 iEAFE 469.7 -0.4 -31.0 0.2 -30.4 0.4 -22.5 Europe 364.7 -0.2 -19.1 -0.1 -15.4 0.1 -5.9 Pacific 780.8 -0.5 -38.3
        315 words
      • Article
        JAKARTA
        555 24 JAKARTA stock prices closed little changed yesterday, sending the BT index down 5.21 points to 701.61. The official index was unavailable. Cigarette maker Sampoema ended 250 rupiah higher at 6,850 on turnover of 15,500 shares. But Gudang Garam fell 50 rupiah to 6,350, with 89,000 shares changing hands. Inco,
        555 words
      • Article
        NEW ZEALAND
        321 24 SHARES ended substantially higher in a rally described by brokers as a technical correction in a thin market aided by Wall Street's firmer close on Friday. "The downward trend of the market is still there. Today was certainly not the turning point," said Dave Tetro of Ord Minnett
        321 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Sang Kancil stays out of the erratic market
      863 25  -  THE SANCyMMCjL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/lass position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs. Nikkei Stock Index Futures and
      Charts by TeleTrac  -  863 words
    • Article
      INTERBANK FOREX RATES
      389 25 Crass rates novs USS SS MS Dm Yen SFr A$ NZS USS 1.7010 2.6995 1.4930 127.30 0.5107 1.2595 1.2804 1.6393 S$ 0.5879 1.5870 0.8777 0.7484 0.3002 0.7404 0.7527 0.9638 MS 0.3704 63.01 0.5531 0.4716 0.1892 0.4666 0.4743 0.6073 Dm 0.6698 1.1393 1.8081 85.26 0.3421 0.8436 0.8576 1.0980
      389 words
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      MONEY MARKET
      559 25 Interbank rates SS Bid Offer Overnight 6 1/2 6 5/8 1-month 6 5/8 6 3/4 2-month 6 5/8 6 3/4 3-month 6 5/8 6 3/4 Overnight mode: 6-11/16 ISS Bid Offer 7 days 8 8 1/8 1 month 7 15/16 8 1/16 2 months 8 1/16 8 3/16
      559 words
    • Article
      Greenback ends lower in dull trade
      727 25 FOREX MARKET REPORTS THE US DOLLAR yesterday ended lower but off lows against the yen in a subdued Tokyo session restrained by the approach of major US political and financial events. Sentiment was bearish after last Friday's job data for October confirmed a slumping
      727 words
    • Article
      FINANCIAL FUTURES
      1217 25 E EX E ■m H ■f Open High Low Sett Est Vol Op/lnt Vol Dcc <* 92.11 92.14 92.11 92.12 2877 ***** 6136 Mar 9 1 92.34 92.35 92.33 92.35 3772 8281 7015 Jun 91 92.30 92.33 92.29 92.33 1414 4236 2228 Sep 91 92.12 92.16 92.12 92.16
      1,217 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon KLCE urged to offer new products
      356 26 AFP A TOP Malaysian government official yesterday urged the Kuala Lumpur Commodity Exchange (KLCE) to introduce trading in timber, palm kernel oil and financial futures. "The development of a multi-commodity futures market in Malaysia will play a key role in facilitating trade in commodities
      AFP  -  356 words
    • Article
      Lock icon M' sia to join International Cocoa Agreement next month
      288 26 Reuter MALAYSIA will join the International Cocoa Agreement by December, about two months later than planned. Primary Industries Minister Lim Keng Yaik said. "We will time it for December. There will be no baclctracking of what we have planned despite Brazil
      Reuter  -  288 words
    • Article
      Lower LME close sends Malaysian tin lower
      857 26 REPORTS THE PRICE of tin on the Kuala Lumpur Tin Market retreated 10 sen yesterday to M 516.30 per kg on lack of fresh buying support and poor fundamentals. Dealers said the local market had to move down in line with the US$35
      857 words
  • Article
    PRICES
    1402 26 Rubber Nov 5 ms (ht Hw) S cents/kg Noon Close Int I RSS Prompt 152.50/153 50N 152.75/153.75N Int I RSS Dec 90 152.75/153.25 153.00/153 50N Int I RSS Jan 91 152.75/153.25 153.00/153 50N Int 2 RSS OP *****/151 OON I49 0Q/I5I.OON Int 3 RSS OP I44.50/I46.50N 144 50/146 50N
    1,402 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      569 26 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I, Chang Foo Teng of Blk 101 Bukit Batok West #12-26, Avenue 6, Singapore 2365, have applied for a Retail Liquor Shop licence in respect of premises at M/s Goodwill Medical Hall Acupuncture Centre at Blk 214, Jurong East, St 21 #*****, Singapore
      569 words
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      Page 26 Advertisements Column 2
      19 26 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Ask For Jennifer *****37 Noorani *****02 Veronica *****42 I Business Times
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      Page 26 Advertisements Column 3
      9 26 Managers must manage. BT shows you how every Monday.
      9 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1020 27 City Flight ETA Flight ETC J Aha OluM GA893 1235 GA892 0035 GA886 2220 GA974 2135 Adaiakte SQ228 1910 QF82 2115 QF7 2155 Amsterdam GA893 1235 KL838 0115 KL837 1505 SQ24 2215 SQ23 1815 GA974 2135 Athmi» SQ24 2215 Auckland NZ35 1625 NZ36 2359 SQ388 2045
      1,020 words
    • Article, Illustration
      Good times still for the art lover
      749 27  -  POSTCARD FROM ROME By Paul Hofmann WITH the US dollar at around 1,150 lire, a visitor to Rome doesn't have an easy time finding relatively inexpensive accommodations. A telephone canvass of 20 modest but reasonably comfortable hotels, each with two stars in Italy's
      749 words
    • Article
      MONEY CHANGER RATES
      156 27 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency (urrencies Did Offer Australian dollar 1.326 1.346 Canadian dollar 1.454 1.474 NZ dollar 1.033 1.063 Sterling pound 3.314 3.344 US dollar 1.6990 1.7090 I /K ill dollars to 100 units of foreign current) Austrian schilling
      156 words
    • Article
      WORLD TRADE EXHIBITIONS
      64 27 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 6-9 Building Hongkong Business* *****00 Nov 12-15 Fire East 90 Hongkong FMJ International *****8611 Services Asia *90 Convention Industrial Trade Publications Exhibition Fairs Pie Ltd Lid Centre Nov 7-11 International Italy Torino (39)*****9 New Technologies Esposizom
      64 words
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      Page 27 Advertisements Column 1
      7 27 Executive Jobs every Saturday in Business Times
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      Page 27 Advertisements Column 2
      161 27 "The headlines in the front page were particularly effective in attracting readers Source The latest survey on The New Paper by Singapore Press Holdings Research Information Department October 1990 BSsHH angry perak mW bossouns Eyes bUedtng, fan jBL IV A T f■ I, 1 I and nose I H 1
      161 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      182 27 ond (6) 29 3 l °p pnonty < 9 > 25 hard to bel,eve ia o j A u 8 Garland certainly made in about Home Rule (6) way 1 3 roUndabou, a casual way (9) 26 Stick in Ihis place (6) 31 The Irishman took a .urn M Being
      182 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      213 27 Singapore Outlook: Cloudy with showers over a few areas in the afternoon. Forecast: Max temp 30.0 assoc humidity 69% min temp. 23.6* C assoc humidity 100% hrs of sunshine 1.00 rainfall in mm 27.9 rainfall this mth 77.9 rainy days this mth 4 World Forecast Asia-Pacific Hi/Lo* Cond. Auckland 21/14
      213 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      37 27 tiTmqvxj s~nap>»JGe CXD FM-L WV smoppwg IM f\ I Pfltz. yyj TOLLING VOU Ptße. -r/•- 1 F\LUUG STKTION ON CHR*STraP«S VGQiNG ING Too p» ielieveß IN SHOPPrQ gP>Ru>f EVENING STANOARO CO. LTD., 1962-1990 N O 8 97
      37 words
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  • Article, Illustration
    Mahathir sees good short-term outlook for Asia
    412 28  -  Continent self-generating growth, says M'sian PM From Sangeeta Mulchand in KUALA LUMPUR IN SPITE OF oil price rises and fears of recession in advanced and developing economies alike, Asia is seen to be firmly in the driver's seat in 1990 and 1991, Malaysian
    412 words
  • Article
    KL keen to lead in Asian ad set-up
    203 28 MALAYSIA is willing to take the lead in setting up a permanent Asian Federation of Advertising Association (AFAA) secretariat, which will lay the groundwork for an Asian Advertising Institute. Speaking at the 17th Asian Advertising Congress in Kuala Lumpur yesterday, chairman of
    203 words
  • Article
    Lock icon Asahi to buy 17pc stake in Elders IXL at lower price
    258 28 AFP JAPAN'S Asahi Breweries Ltd said in Tokyo yesterday that it has agreed to buy 17 per cent of Australia's Elders IXL Ltd at a sharply reduced price, boosting its stake in the brewing and agricultural company to 19.9
    AFP  -  258 words
  • Article
    Lock icon Malaysia defends foreign exchange dealing
    277 28 Reuter MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad has defended foreign exchange dealing by Malaysia's central bank, Bank Negara, which reportedly caused sterling to fall. Asked to comment on a report in Britain's Independent on Sunday newspaper that Bank Negara sold a large, unspecified
    Reuter  -  277 words
  • Article
    Lock icon Hanoi adopts market-oriented banking system
    447 28 Reuter VIETNAM has overhauled its banking system along market-oriented lines, adapting it to conduct foreign trade in convertible currencies. The state-run Vietnam News Agency (VNA) reported last Sunday that Vietnam was recognised at two banking conferences in Ho Chi Minh City last month as the
    Reuter  -  447 words
  • Article
    Lock icon Main American parties predicting victory in elections
    425 28 AP CANDIDATES in today's congressional and gubernatorial elections in the US completed a final weekend of campaigning with both main parties posting rival predictions of success. Republicans were heartened by a string of public opinion polls in their favour and expressed optimism about
    AP  -  425 words
  • Article, Illustration
    Saga of the budget deficit
    768 28  -  The Bottom Line ALAN BLINDER ALAN BLINDER The writer is a professor oj economics at Princeton University in the US. Reproduced from Business Week International by special permission. Copyrighted by McGraw-Hill, Inc. All rights reserved. ONCE upon a time, there was a great democracy on
    768 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      126 28 PiageT JdAILUER EN lIOIMXIERIE IMI'IS 1874 OiNtVE HIGHLY RESPECTED, 100 YEAR OLD SCANDINAVIAN SHIPPING COMPANY INVITES ONE ASIAN INVESTOR TO SIT ON ITS BOARD AND PARTICIPATE IN ITS PLAN TO LIST ON SCANDINAVIAN STOCK EXCHANGE (Likely equity requirement is US$7-10 million) FANLIN INVESTMENTS (HK) LTD has been asked to advise
      126 words
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      Page 28 Advertisements Column 2
      8 28 NAB managing director named Elders chairman, Pg 6
      8 words
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      Page 28 Advertisements Column 3
      121 28 PiageT Hwilier en iKmx&m: im is im GENEVE r > HUHBE .r> ■■■■MM IBULL Dauphin Sitzkultur Ahealthy backbone is essential FOR PERFORMANCE. Distinguished design and high quality materials express the A,identity of a company Masterline is a programme of executive chairs made in West Germany. Master Line promotes pleasure and
      121 words
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  • Shipping Times
    • Article, Illustration
      Sea Containers to shift regional HQ to S'pore
      411 29  -  By Selva Kumar UK-BASED Sea Containers will be moving its Far East headquarters from Hongkong to Singapore next year. "The focus of business is moving to South-east Asia. Therefore it is more appropriate to have the regional HQ in Singapore," disclosed Mr
      411 words
    • Article, Illustration
      Hanjin to launch new FE-Europe-US services
      326 29  -  By Dexter Lee SOUTH KOREAN carrier Hanjin Shipping Company will offer a new container service linking Europe to south-west US ports via the Far East from Jan 1 next year. A month later, it will partner Taiwan-based Yang Ming Line to provide a direct
      326 words
    • Article
      Lock icon Airlines propose second round of fare rise since Gulf crisis
      237 29 Reuter THE WORLD'S major airlines have agreed to raise passenger fares by 4-8 per cent to offset rising fuel costs triggered by the Gulf crisis, the International Air Transport Association (lATA) said. It said cargo rates would go up by
      Reuter  -  237 words
    • NEWS SUMMARY
      • Article
        Gearing up as cruise gateway to S-E Asia
        43 29 SINGAPORE is set to become the cruise gateway to Southeast Asia. The region is gaining recognition as a luxury cruise destination even as world class facilities are being constructed to tap the market Page 2
        43 words
      • Article
        Canada plans double-hull tankers
        40 29 THE Canadian government, in a move to avert catastrophic marine oil and chemical spills, said it planned to eventually have Canada's entire fleet of tankers and tank barges outfitted with double bottoms or hulls Back Page
        40 words
      • Article
        BA seeks to retain Sabena stake
        33 29 BRITISH AIRWAYS pic intends to maintain its proposed £34 million purchase of a 20 per cent stake in Belgian airline Sabena, a BA spokesman said Back Page
        33 words
      • Article
        Cathay keen on buying Dan-Air Engineering
        64 29 HONGKONG'S flag carrier Cathay Pacific Airways Ltd has expressed an interest in buying all or part of Dan-Air Engineering Ltd, the aircraft servicing arm of Britain's Dan-Air charter flight operator. (Carina Leung, Cathay's public relations manager, said Cathay is interested in Dan-Air's hangar facilities
        64 words
    • Article
      Thai-US airline accord revoked after talks failed
      454 29 AN AIRLINE agreement between Thailand and the US was revoked last Friday after eleventh hour talks in Washington failed to settle differences in aviation rights. US carriers will be allowed to maintain the status quo until the end of the winter season in
      454 words
    • Article
      Lock icon Luxembourg set to fly own flag of convenience
      330 29 Reuter LAND-LOCKED Luxembourg is getting ready to offer shipowners around the world its own flag of convenience in December. Today, Parliament is expected to approve a law setting up the Grand Duchys shipping flag to the delight of shipowners in neighbouring Belgium
      Reuter  -  330 words
    • Article
      Taiwan to convert tankers into floating oil storage tanks
      174 29 TAIWAN, worried about the possibility of war in the Gulf, will convert several tankers into floating storage tanks to increase its oil stocks, the state-owned Chinese Petroleum Corp (CPC) said. Company vice president Chen En-li said CPC did not have sufficient
      174 words
    • LOG BOOK
      • Article
        Dr Jiron resigns from Secnaves after 45 days
        120 30 DR HUMBERTO JIRON has resigned from his position as director-general of Panama's Consular and Maritime Affairs (Secnaves) after only 45 days in office. Captain Jose Delgado, previously deputy director, has been appointed acting director general until a new head of Panama's shipping
        120 words
      • Article
        Sea-Land to open new office
        67 30 US CARRIER Sea-Land plans to open an office in Helsinki to directly serve its customers in Finland from next month. It has for the last 10 years been represented in Finland by Oy Krogius Shipping. John van de Merwe, vice-president and general manager, North Europe,
        67 words
      • Article
        Phnom Penh signs airline deals
        110 30 THE VIETNAMESE-BACKED government in Phnom Penh has signed contracts with three foreign airlines to fly passengers and cargo to the Cambodian capital, the official news agency reported. It identified the airlines as Bangkok Airways, a private Thai airline, Air Liberty, a private French company, and
        110 words
      • Article
        Interflug to stay independent
        125 30 FORMER East German state airline Interflug wants to cooperate with Lufthansa but does not want to be swallowed up by its larger rival, Interflug chairman Andreas Kramer said. "We have nothing against cooperation with Lufthansa, but we want cooperation not a 100 per cent takeover," Kramer
        125 words
      • Article
        Railcar bookings jump 50pc
        94 30 GRAIN and oilseed railcar allocations for December for the port of Thunder Bay, Ontario, have jumped almost 50 per cent from initial predictions, the Canadian Grain Transportation Agency said. "We are presuming it is going to the Russians, but we have had nobody say that," said
        94 words
    • Article, Illustration
      Exotic S-E Asia beckons
      1089 30  -  Singapore is set to become the cruise gateway to South-east Asia. The region is gaining recognition as a luxury cruise destination even as world class facilities are being constructed here to tap the market. Rahita Elias examines the prospects and problems for the industry. Rahita Elias
      1,089 words
    • Article
      TRANSPORT DIARY
      757 30 Nov 4-6: Cruise Op 90, cruise shipping conference and exhibition sponsored by Lloyd's List and Marine Log, Hyatt Regency Hotel, Miami, Florida. Nov 5-7: Tanker Ownership, Chartering and Operations Tactical and Strategic Decision Making, The Roosevelt Hotel, New York. Nov 6: Oil pollution-claims, liability and other major commercial
      757 words
    • Article
      THE SHIPPING GUIDE
      12531 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
      12,531 words
    • Article
      SHIPPING AGENTS
      3424 43 Agencies Pre Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pre Ltd (SyAccord Contr Line (M) Sdn Bhd (PKy Accord Contr Line (PG) Sdn Bhd (PN). Vdkrts Bwiiw C orpormbofl Philippine: Cabource Shpg A Trdg Pte Ltd (S) Ahreakiei Uaer Service Kim Shpg A Trdg (SX
      3,424 words
    • Article
      COURIER SERVICES
      246 43 Abacus Couriers Tel: 545-8011. Fax: *****98 Air Express Travel Tel: 533-5771. Fax: *****44. Airborne Freight Corporation Tel: 542-8844. Fax: *****16, *****80. Airswift Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines), 747-7421. Fax: *****75. City-Link International Tel: 344-3377. Fax: *****50. Cluster Link Supplies A Services
      246 words
    • Article
      AIR FORWARDERS
      1475 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7821 Fax: *****20. Aerolink Freight Interaatiooal Tel: 545-8033. Fax: *****05. Tel:"* 2-5911. Fax: *****18. Air Cargo Novo Express TeL 542-5454. Fax: *****06. Air Express International Tel: 542-7666. Fax: *****74, *****50. Air Market
      1,475 words
    • Article
      PORT CONDITIONS
      3038 44 ARGENTINA San Lorenzo: Four vessels in port of which 2 loading pelletized meal, 2 grain; 4 vessels in roads of which 3 awaiting berths, I loaded awaiting orders. Rosario: No vessels operating; 1 vessel berthed in ballast awaiting orders. Villa Constitution: One vessel in port loading wire coils;
      3,038 words
    • Article
      AIR FREIGHT SCHEDULE
      486 44 ARRIVALS o» Flight Type ETA From TODAY KAL KE697 B747F 0IS5 SEL NCA KZ205 B747F 0213 NRT JAL JL6I7 B747F 0345 NRT TOMORROW AZA AZ995 BC8F 0223 SYD CAL CI333 B747F 0313 TPE SIA SQ80I B747F 0410 AKL THURSDAY KAL KE697 B747F 0155 SEL NCA KZ203 B747F
      486 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      654 44 SHIP SALES TANKER RATES Reuter AFP VESSELS ON OFFER Tanker Granada: 22,651 dwt and built 1983, reported sold on subjects last month, now on offer at USSI6 million. VESSELS SOLD FOR FURTHER TRADING Bulk carriers Western Falcon: 32,409 dwt and built 1983, believed to be committed within Japan at the
      Reuter; AFP  -  654 words
    • Article
      CRUISE & FERRY SCHEDULES
      378 44 CRUISE FERRY SCHEDULES CRUISE SHIPS An Pep Name of Vessel ETA ETD Port Age* Ports of Calls NOVEMBER 04 05 Song of Flower 1100 2300 Neptune Agencies Sin-Penang-Phuket-Sin 07 08 Vigesswara 0800 2200 Transintra Shpg Sm-Kdang-Madras 10 10 Sea Goddess II 0800 1800 Thoressen A Co Sin-Ketang 12 12 Song
      378 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        508 45 Vo» No Berth Arrival Departure *oy No Berth Arrival Depart** Keoael u Femme 8/ 90 P4B 05.11/2359 0711/2300 FtorT 1A U4 11 ll/i7no 03/90 m 0611/0700 06.11/2300 n ru Kii/nm Phetha Tos/08 P20 06.11/1900 0811/0600 mm 5S S»«w IK PIC 0S.lt/06M 0(11/2300 mm (JT S US *!!S
        508 words
      • Article
        CONTAINER SCHEDULE
        1083 45 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Record Bookin/Batance Rstts Sty Voy No Etb/Btr Period From To From Aa Daisy SA 07/0700 2 04/1700 05/0659 05/0900 4 05/1200 05/1459 05/1700 Ag Lily 38 05/1300 1 04/1500 04/1659 04/1900 Anson *****N 06/1500 2 04/1700 05/0659 05/0900 4 05/1200
        1,083 words
      • Article
        IN MALAYSIAN PORTS
        387 45 Penang Port J Berth on Nov 6: 1: Wu Chang; 2: Myomaywa; 3: Thai Yang 4: Ocean Gold; 5: nil; 6: Un< Moral BCT: B1 Bangpakaew; BK: Tanta; l/B: Pacific Gembira Penang Wharf: NB: ml; CW: Cipta Raya; SB: nil VOTP: ml Due on Nov 5: Victory.
        387 words
    • Article
      DAILY FREIGHTS
      971 45 THE DRY cargo freight market on Friday was busy with firm rates but slightly more hesitant than earlier in the week, brokers said. On the US Gulf/West Europe grain route two vessels were fixed at firmer lumpsum equivalents of U5512.25 and USSI3.IS. The BFI was marked up one
      971 words
    • Article
      Lock icon Canada plans double bottoms for all tankers
      475 46 UPI THE Canadian government, in a move to avert catastrophic marine oil and chemical spills, said it planned to eventually have Canada's entire fleet of tankers and tank barges outfitted with double bottoms or hulls. Canadian Transport Minister Doug Lewis made the announcement
      UPI  -  475 words
    • Article, Illustration
      Lock icon Cathay Pacific Airways keen on buying Dan-Air Engineering
      193 46 Reuter HONGKONG'S flag carrier Cathay Pacific Airways Ltd has expressed an interest in buying all or part of Dan-Air Engineering Ltd, the aircraft servicing arm of Britain's Dan-Air charter flight operator. Karina Leung, Cathay's public relations manager, said Cathay is interested in
      Reuter  -  193 words
    • Article
      Lock icon BA will try to retain Sabena stake
      215 46 Reuter BRITISH AIRWAYS pic intends to maintain its proposed £34 million purchase of a 20 per cent stake in Belgian airline Sabena, a BA spokesman said. Spokesman Michael Blunt denied British press reports that BA may abandon the deal with Sabena and KLM
      Reuter  -  215 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      111 29 SSWEE HENG METAL CO PIE LTD 13. TUA3 AVE 14. SINGAPORE 22M. TELEX «S ***** 9MMCPL TEL: Ml 5655 (i I*M) TELEFAX: Ml »M yditaw uniMXMft* I Its. taMtataal IJ.MJ stfl [I tllf] uv»Htami« MUfliL Tcrqut mmiatom. Malaysia COTMrtOf fIIAILAMO, MOMMA 0«MI LPG rmuprMa arm Hi M L*yco«i«A- EUP* CoHM
      111 words
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      Page 29 Advertisements Column 2
      49 29 Air Forwarders 15 V Fraght Schedule 16 uontaner Schedule 17 Conner Serwces 15 Cruce Ferry schedules 16 Daly Freights 17 Inda to Advertisers 3 Port Conations 16 Shppng Agents 15 Stanm Curie 10,11 Slapsates/Tanker Rates 16 Shps Port 17 Sfffapore Ides 17 Transport Diary Weather and Sea Condrtions 17
      49 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      88 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      88 words
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      Page 30 Advertisements Column 2
      124 30 NOTICES FAR EASTERN FREIGHT CONFERENCE Notice to Shippers Transport Additionals In line with the principles of NT 90 a general review is being undertaken of all tariffed transport additionals and the following initial changes have been agreed for both Eastbound and Westbound FCL/LCL movements: FCL LCL Helsinki WB w.e.f 1.11.90
      124 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2135 31 JARDINE SHIPPINC AGENCIES 200 Cantonment Road #12 05 South point, Singapo" 0208 \llVf# Tel *****11 TELEX NO RS 241/9 Rfimil TERMINAL/CFS Tel *****18 220 Rmftl BOOKINGS Tel *****34 235 L VA*# .J OESAKA JARDINE SHIPPING AGENCIES SON BHD HELANG TEL *****18 TELEX MA***** MA***** w ■■HH PENANG TEL *****4 TELEX
      2,135 words
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      Page 31 Advertisements Column 2
      950 31 MDEX TOMWRTBERS Page Col P** Co 4 Macoline 18 2/3 S. «MacrskLine 3 4/5 ABC Containerline 13 5 *MISC 14 l-J Accord Group 8 1-3 M'sia Shpg Corp 9 1/2 Albatros Sea-Air 14 5 Mendelssohn 6 4/5 APL 5 3-5 Mercury Line 12 2 A.P.C. Lines 13 4 MOL >
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      Page 31 Advertisements Column 3
      2035 31 Vessel Voy ETA I ETD "Port 'Penang 7~ DESTINATIONS Singapore Kelang Thi* wee* L»u>» M 9010 FeeOer by K7^^^22BSI^EEBSC3Cm3BSOI3Ei2SH^nE233C!SS^^^^B CV 13/11 0000 HRS Farco CTS 12/11 233® MRS M Teufo OAK LGB MOO MEM ATL MIA CMS BAi_ PHL NYC MON TO« LAURA M 9010 13/11 14/11 8/11 I 10/11
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      1185 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOLAGA BAY 12/534 6/11 23/11 26/11 28/11 LIVERPOOL BAY 02/533 8/11 4/12 28/11 30/11 26/11 2/12 CITY OF EDINBURGH 92/537 13/11 1/12 3/12 5/12 KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 18/11 5/12
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      Page 32 Advertisements Column 2
      580 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOBEANA 28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, PAGO PAGO. APIA A NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 28/11 30/12 31/12 4/1 Alto accapting Cargo to CalUo (Paru) via Valpa Agents: SINGAPORE: *****56
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      Page 32 Advertisements Column 3
      1183 32 B1 &swtm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) N. AL MANSOORAH 9035-3 07/11 26/11 28/11 30/11 02/12 03/12 04/12 05/12 01/12 JAPAN SEA 036W 12/11 03/12 04 12 08/12 10 12 11/12
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      1657 33 Maritime Holdings Ltd P&O MM STRAITSSHIPPINGI Containers MM <ww ACCEPTS WJt SAILS Voy No Pitting S'p<*e S'lon Hlwrg B'hawn R'dam left CARGO TOLA&A BAY 12/534 *CIT4H/ll 07/11 24/11 «11 2*ll CTOIIT unpc „i»r KK Tl In Pt 07 Nov I LIVERPOOL SAY 02/533 TEX-06/11 09/11 32/12 27/11 25/11 2«/U 01/12
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      Page 33 Advertisements Column 2
      1350 33 TO: EUROPE TO: FAR EAST SP LH ROM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANG VICTORY 001* 12/11 30/11 1/12 2/12 4/12 S/12 CHOYAMG PARK 01« Ufll Ufj} Ml I*ll 22/U HANJIN LEHAVRE 010W 11/11 *12 7/12 *12 1002 11/12 HANJIN OAKLAND 010 C I*l} W1 23fl 2*ll
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      Page 33 Advertisements Column 3
      420 33 Si STRAITS/ JAP**/ STRAITS SERVICE I SPECIALIST IN RO-RO HEAVY LIFTS <$£, ™«> SSS VOY NO 5 13 9 13 Sport 1/11 IS/11 11A1 W P Kelang 10/11 «/ll WU 21/11 Hoogkoof IVH Calcutta I Yokohama M/U I Nagoya I Osaka S/U I Scnfcoku MAI I Tokyo I Hochiminh I
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      518 34 PBH CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE Cl TO EUROPE VSt vOY I S PORE ROAM/ADAM H'BURG BREMEN ANTWERP CI SRIWIJAYA/30MB 20-24/11 W 3/12 3,1 6/1 KUTAIiTIWB 15-MfU W 3/1 21/1 30fl FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO BU>|kl to MucamanL Atao cargo to CaMfctanca, Port Sakl, Port AJumfrte, Genoa,
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      Page 34 Advertisements Column 2
      835 34 fih HANJIN SHIPPING I FULL CONTAINER SERVICE R tin, H burs B luven Fitow* FEEDER VSL SIN LINE HAUL LAX OAK l?rn »7n »n 1M 112 4/U CHOYANC PARK OUE 12/11 N. POHANC IINE 7/12 9/U 7 l\7 &12 7'12 9/ 2 lil2 HANJIN OAKLAND OlOt M/U H SEOUL 10K
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      Page 34 Advertisements Column 3
      1314 34 _k f J _l .TJ tPKL SCf HKG KSG KLG PUS HKT OSK SM2 TYO LAX CHS BAL NYC LHV AH* ROM FLX HBC SGP I t GOLOEN RE-021 *11 I*ll 14/11 I*ll 17/11 20/11 22/11 24/11 2*ll 22/U *U 2002 2202 2302 VI 4/1 *1 *1 W E GUIDE
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      1759 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 am 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.U. (03) *****33, P.Kelang-(03) *****87, Penang-(04)
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      Page 35 Advertisements Column 2
      1114 35 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SPO«E (MANILA MKONC VOYAGE SPOKE PtOANC MM (HAVEN TUW
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      Page 36 Advertisements Column 1
      1676 36 I 0 K line KAWASAKI KIShN KAISHA. LTD. f EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL VOY *I*oo •PK/PKG SGP MOTHER VESSEL VOY LB OAK CHI NYC 111 S?I N tSStL vor "W* 11 o** THY FEEDER VESSEL VOY IKY SCP QUEEN'S WAY BRIDGE 9
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      Page 36 Advertisements Column 2
      1100 36 Xfm PHILI-ORICNT UN€5 PTC LTD '06 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 I TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA take on the world for you MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION Sfflv 10 NOV MONTREAL, Ottawa, toronto, 9 NOV DUBAI,
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      Page 37 Advertisements Column 1
      1615 37 aaagPff pacific international lines (pte) ltd i J gf Jfcf PIL Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA I I BANGKOK I ycecei VOY SIN JKT StN VESSEL VOV SIN BKK SIN FntM 9037 9/11 H rtl 1 11 KOTA JADE <* NB 7,11 19,11 14,11 KOTA PANJANG
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      Page 37 Advertisements Column 2
      1107 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE P KLANG S'HAMPTON HAMBURG B HAVEN ROAM LHAVRE Totaga Bay 12/534 7/11 Via Cit 24/11 26/11 28/11 Liverpool Bay 02/533 9/11 1/12 27/11
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      Page 37 Advertisements Column 3
      306 37 Mg» MYANMA yßik FIVE STAR LINE w (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI63W 8/10 Nov PATHEIN VIO7W 16/1« Nov 12/15 NOV HPA-AN VIS7W 14/16 Nov MYOMAYWA VI3IW 11/22 Nov 23/27 Nov SITTWE 21/2* Nov (LOG FOR RDAM/HMBG/ANTWP) 1S& THE BANKUME (A eervlce of
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      788 40 '^gSR-Uhy>|M\ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM ANT HBG SACHSEN WMOOI 14/U 12/12 11/12 13(12 9/12 EUROPEAN SEN WFOSO IS/U 0/12 9/12 11/12 12/12 14/U MECKLENBURG WMOO2 2t/U 23/12 22/12 24/12 21/12 ASIAN SEN WEOS2 29/11 22/12 21/12 20/12 23/12 25A2 JAPAN
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      Page 40 Advertisements Column 2
      1134 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: FAR EAST PORT KELANG 9/11 ft 16/11 MANILA 10/11 17/11 PENANG 9/11 16/11 BUSAN 14/11 10/11 BANGKOK 10/11 14/11 TOKYO 8/11 15/11 HONG KONG 7/11 11/11 YOKOHAMA 8/11 15/11 KAOHSIUNG 11/11 18/11 KOBE 8/11 15/11 KEELUNG 11/11 4 18/11
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      Page 40 Advertisements Column 3
      329 40 KT ZMntniEMIMEIEB LOADING FOR (ALSO LOADING FOR BUENOS AIRES) VESSEL SPORE CBO 06N OAIRES MVIOCO RIO STS VIT PAGUA MOSTWIEN I wu i«u niu 1/1 IVI 17ft OPT V WOU? DISCHARGING FM BRAZIL ONLY SPORE I Mftl HK Kfl BUSAN TO* NGO ROB NOSTWfEN I 7/11 12(11 li/U 17/11 21/11
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      Page 40 Advertisements Column 4
      1275 40 'tea taisn- fl' 5p CHINA OCEAN SHIPPING COMPANY mistri road. 6U.Id.KC FULL CONTAINER LINER SERVICE Wj #15 00. SINGAPORE 0207 FAX: *****66 CR NO U*****0000M CABLE. COSTARLINE General Agents: COSTAR SHIPPING PTE LTD VESSELVOY SGP FLX ROT HAM ANT PKK VESSEL/VOY FLX ROT HAM ANT DKK SGP AN HE/21W IJ/U
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      Page 41 Advertisements Column 1
      857 41 I NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA Al IPI Deslns 10/11, 17/11 j EUROPE all Ports 10/11, 17/11 BANGKOK 10/11, 14/11 HONGKONG/CHINA 12/11, 15/11 SYD, MEL, ADEL, BRIS 10/11, 15/11 FREMANTLE 12/11, 19/11 MANILA 8/11, 15/11 PKLG/PENANG 12/11, 19/11 Port Kelang Branch Tel: *****21/2/3
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      Page 41 Advertisements Column 2
      225 41 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Llnee) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) lC\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL Ivor ETA IIOAOtNG FOR SPORE NCTSANET 20WB 13/11 DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 23W9 8/1? DARESSALAAM MOMBASA DJIBOUTI
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      Page 41 Advertisements Column 3
      811 41 tea.PT. MASKAPAI PELAYARAN PapULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSI VOY SIN JKT PAJ
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      Page 41 Advertisements Column 4
      580 41 -p" BANGKOK CEBU/MANILA VESSEL ~~VQY SINCAPORt BAWWOK IvtSStL IvOY SPORE "cEBU MANILA JENLINK JON Wed 7/11 Sat 10/11 SO ORIENT 45R 9/11 14/11 lt/11 NANTA BHUM 14N Thu 0/11 Son 11/11 THANA BHUM MS 14/11 22/11 24/11 SIRI BHUM#' 409N Sat 10/11 Tut 13/11 SO ORIENT 47R 23/11 21/11 30/11
      580 words
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      Page 41 Advertisements Column 5
      322 41 WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: brusselv2s9 ETA 9/11/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vtl Hfi Fl* Ham Ant Fo>fltor Liv S'poft BWUSStL lift 11/10 13/10 a/10 20/10 21/10 10/11 C. VtHOLME m
      322 words
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      Page 42 Advertisements Column 1
      1229 42 A m "AC-NELS SINGAPORE! iXPOBT TEL- *****22 IMPORT TEL 221»obT|] PENANG TEL: (04) *****6 KK TEL: (088) *****0 IjAWAU TEL: (089) *****9 iTTTzTTZI P KELANG TEL: (03) *****77 KUCHING TEL; (082) *****3 SKAN TEL: (089) *****2 l""]V"/\~ J J BAHRU TEL: (07) *****2 SIBU TEL: (084 *****2 LABUAN TEL: (087)
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      Page 42 Advertisements Column 2
      490 42 ffcfc blue star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIY AUCK IYT MAN DAM A 0584 11 Nov 23 Nov Via
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      Page 42 Advertisements Column 3
      1208 42 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 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL |WT ]ETA |HT fOMSL WT I ETA lIQT KIM SOON LI 44/90E 12 NOV
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      Page 44 Advertisements Column 1
      2 44 T j
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      64 44 INTEROCEAN\ VM LINE (n 2nd Floor, Jalan 2/71. Tunan 2525C55!? Tun Of. ImmH, ***** KL. T««: 71W734, *****94, *****26 TLX. NO. MA-***** FAX: 03-*****11 P.nanfl Ofl: Tofc *****7, *****2 LCL/FCL LOADING FOR AUSTRALIA SYD, MELB. ADE, BRIS. FREM UK/EUROPE LE HVE, HBG, BREMEN, R DAM, GENOA, ANTWERP. UK PORTS SCANDINAVIA
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      Page 44 Advertisements Column 3
      62 44 Orient Bulk Like KKU SIN PKL DESTN BLUEBELL SUSANNAH/***** Sid 5/11 FLU/ANT/UK(HUL) LANCELOT SPIRIT/***** 15/11 18/11 ROT(FLU)/ANT (ZEE) HUL ■H^Hgggsß| i Tel: *****27 Fai: *****30 Tlx: RS ***** INETCO VESSEL VOY NO. S)N MAA CAL TIGER CREEK 110CNB 10/11 16/11 ILOVIK 135N 08/11 15/11 TIGER RIVER 111CNB 19/11 25/11 ALCOR
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      Page 44 Advertisements Column 4
      92 44 c LINES ROROSEM.-CONTA.NER L6STONS^g VESSEL SIN BBY VESSEL SIN BKK ALGENIB V2W/90 SLD 9/11 ALGENIB V2E/90 21/11 24/11 ALGENIB V3W/90 29/11 8/12 ALGENIB V3E/90 20/12 23/12 GENERAL AGENTS: SWISS SHIPPING PTE LTD. TEL; 273QQ88 (8 UNES) TLX: RS ***** S3FA FAX: *****93 VESSEL VOY NO JKT SUB SIN BRISB SYD
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  • Page 45 Miscellaneous
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      439 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *****100 1200 ***************0 1700 MOO 1900 2000 2100 2200 2301 JR 2.4 2.6 2.7 2.5 2.0 1.6 1.2 LI 1.2 1.5 2.0 2.8 3.3 3.4 3.1 2.6 2.0 U 0.8 04
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      Page 46 Advertisements Column 1
      301 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 1 For Enquiries Call CALVIN HO/DANY LAU Uja\ HIAP HOE SHPPNG ENTERPRISE 'IN I TO-: *****66 FAX: *****10 \jfjy TLX RS ***** HHSHPG jPT. PELAYARAN. samudra agung KUALA
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      Page 46 Advertisements Column 2
      731 46 jEhyundai I MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI PIONEER 36E ***** 15/11 3/12 5/12 7/12 6/12 HYUNDAI INNOVATOR 35* 2/10 5/10 «/10 2S/10 4/11 LALANDIA 36E 17/11 22/11
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      Page 46 Advertisements Column 3
      633 46 CHARTPOINT Every Saturday in Business Times FM«tr Iron [v* I PNGIPKL Motif Vtuel |Vo» SIN I LAX IOAKIWXJ I DAI |CHI, |NOR [55 I NYC M* jvw COC BUNG* KEMUNING V 702 ail ALLIGATOR PR IDC V ***** 12 11 1,12 3,12 4/12 4,12 W &12 5/12 7/12 OUR USA
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