The Business Times, 9 November 1990

Total Pages: 44
1 44 The Business Times
  • 11 1 Busineś Times MCI (P) 170/12/89 Friday November 9 1990 75* U
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  • NEWS SUMMARY
    • 87 1 INDIA'S banks are among the least efficient in Asia and in need of urgent reform, according to a confidential World Bank report obtained by a news agency. "Commercial banks are uncompetitive, overstretched, overstaffed and often provide poor service," says the report,
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    • 17 1 THE TENDER for the CHIJ school site has attracted three bidders Page 2
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    • 26 1 A ONE-MONTH-OLD local aerospace company hopes to sell about 20 light-weight leisure helicopters in the Growth Triangle over the next two years Page 2
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    • 25 1 CAMBODIAN guerilla leader Son Sann says there will be peace in his country by the end of the year Page 7
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    • 30 1 AUSTRALIAN farmers will be asked to slaughter up to 20 million sheep under a radical wool industry rationalisation plan announced by the Australian Wool Corp Page 7
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    • 33 1 TAIWAN expects to lower its huge trade deficit with Japan next year by stepping up its marketing efforts and switching some of its buying to other countries Page 8
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    • 45 1 THE ECONOMIC slump in the US could be deeper and last longer than previous recessions, warn bankers and economists, because many of the conditions that normally soften a recession or lead to a recovery will not be there this time Page 10
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    • 24 1 NEW ACCOUNTS have shed new light on Anne Frank's personality, 40 years after her death in a Nazi concentration camp Page 15
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    • 31 1 SINGAPORE is poised to play a pivotal role when Japan's largest airline, All Nippon Airways, launches its chartered flight operations early next year. Shipping Times Page 1
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  • MARKETS SUMMARY
    • 24 1 THE DOW JONES index of 30 leading industrial shares slipped 3.22 points to 2,437.62 in the first five minutes of trading yesterday.
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    • 35 1 HEIGHTENED ANXIETIES about the likelihood of a Middle East war kept investors away from the market early yesterday. At 1210 GMT, the Financial Times-Stock Exchange 100-Share Index was down 25.6 points at 2.033.6.
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    • 29 1 SINGAPORE Fodder chairman Hui Shune Ming and director Gregory Tang have accepted Siong Huat's takeover offer of $2.20 apiece, making the bid unconditional. Page 3
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    • 31 1 EMS has responded to some of the queries raised by the Stock Exchange of Singapore over its accounts for the financial year ending July 31 Page 3
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    • 30 1 NEC has won two contracts worth a total of $210 million for the supply of cable links for the Ascan optical fibre submarine network Page 4
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    • 22 1 FRENCH giant Axa Group is negotiating for a share in one of the big Malaysian insurance companies Page 6
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    • Article, Illustration
      30 1 Thursday Change BT-MGA 546.34 -6.94 Kuala Lumpur ....471.IS -4.50 Hongkong 2,932.44 -22.75 Tokyo 22,969.81 -530.44 Sydney 1342.3 +7.3 Wednesday Change New York 2.440 84 44.31 London 2,059.2 -10.6
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    • 20 1 Exchange rates US$ ss 1.7070 Yen S$ 1.3176 MS SS0.63I8 Money market rates Overnight 6-1/2% +5/16 3-month 6-5/8 unch
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    • 35 1 London Gold AM fix US$386.30 US$2.80 Rubber S'pore Dec l54.25«/kg +1.50 M'sia Dec 239.50«/kg +0.5 KL Tin Turnover 12 tonnes -20 Spot M$l6.25/kg +0.9 Crude palm oil Turnover 2,203 lots +1.415 Nov M$755/tonne +18
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  • 428 1  -  Director and ex-director also facing charges By Quak Hiang Whai AN UNLISTED private company that sells a time-sharing scheme is making an illegal public offering and is thus in breach of the Companies Act, in the view of the Commercial Affairs Department
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  • 296 1 The Gulf Crisis Agencies THE US is seeking support for a proposed UN resolution that would authorise an attack on Iraq, according to diplomats. US Secretary of State James Baker is sounding out allies this week about support for a military
    Agencies  -  296 words
  • 258 1 SINCE it was formed in 1986, time-sharing specialist Lifetime of Holidays has been aggressively marketing the concept of time-sharing. Under Lifetime's initial scheme, the time-sharer can buy the right to stay in a studio or a suite at Amara Hotel for one week every year
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  • 178 1 Reuter OIL PRICES surged above US$35 a barrel on Wednesday on renewed fears of imminent war in the Gulf. Crude oil for December delivery jumped US$2.6B to end at U5535.31 a barrel on the New York Mercantile Exchange. Petrol and heating oil prices also rose.
    Reuter  -  178 words
  • 535 1  -  By Lilian Ang ARCO CHEMICAL, a newcomer to the local chemicals industry, has mapped out a major expansion plan for Asia which may sec Singapore picked as the location for a US$5OO million to US$7OO million petrochemicals project. As a first step
    535 words
  • 179 1 Reuter AUSTRALIA'S Labor government yesterday offered foreigners big stakes in international airline Qantas and domestic carrier Australian Airlines, and will open the communication networks to unlimited competition by 1997. Prime Minister Bob Hawkc gave Parliament in Canberra an outline of the plans, approved in
    Reuter  -  179 words
  • Page 1 Advertisements
    • 187 1 B| 'Wedding 'Tackjxge I $220.00 nett per table iBBM FREE FLOW of si nit, beer, soft drinks A. etc. (Mm 10 tables) Hong Kong Dian Xin rt No I Yuan Chi/iy Road (above Juronf> Howl) IT J. [Swyu/Hwr 2261 Tel: 2M 4.511 /2M VWft isjB H >' Aircraft Schedule 25
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    • 167 1 US to move more tanks troops: reports, Pg 8 Bush ready to focus on possible war: analysts, Pg 8 W HEN VOU'VF BEEN in journalist's eyes to its reality I I I/I 1 the newspaper business for so and relevance. ill W^at SC can ou to Personal Finance lljJr Vn
      167 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • 72 2 MICHEL ROCARD, the Prime Minister of France, and Mrs Roeard, will pay a three-day official visit to Singapore from today at the invitation of Prime Minister Lee Kuan Yew. The Ministry of Foreign Affairs said that Mr Rocard will pay a courtesy call on
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      • 65 2 THE Ngee Ann Polytechnic and Singapore Polytechnic have each set up a technology centre within their campuses in response to the government's call to assist local enterprises to upgrade. A joint press release said that the setting up of the technology centres reflects the readiness of
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      • 81 2 THE current renovation and refurbishment programmes at three of the Goodwood Hotels in Singapore are expected to cost the group some $13 million when they are completed in early 1992. A press release said that about half of this sum will be expended on renovations on
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      • 93 2 THE Ministry of Community Development, through the Housing Development Board, will be releasing 10 more sites of HDB void decks to the public to operate as child-care centres. This is the fourth batch of sites to be released under the government scheme to encourage the operation of
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    • 166 2 TO FURTHER strengthen its marketing efforts in Japan, the Singapore Tourist Promotion Board opened an office in Osaka yesterday. The STPB already has an office in Tokyo. The Osaka office will boost the board's efforts in tapping the market in western Japan.
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    • 428 2  -  By Elaine Koh THE TENDER for the Convent of the Holy Infant Jesus (CHIJ) site attracted three bidders, with the highest of $40 million coming from an Australian consortium and the lowest of $13.88 million from a joint venture between
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    • 342 2  -  By Harish Mehta A ONE-MONTH-OLD local acrospace company with international connections hopes to sell about 20 lightweight leisure helicopters in the Growth Triangle over the next two years. BHI Singapore Ptc Ltd also plans to set up a pilot training school, possibly in Batam.
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    • 214 2 AN AMERICAN-SWISS joint venture has opened a $12 million plant and AsiaPacific headquarters to make injection moulded products for the healthcare industry. The venture, Nypro Singapore, is controlled by Massa-chusetts-based Nypro Incorporated, a specialist in moulding small plastic parts for use in precision medical
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    • 232 2 GREAT Eastern Life yesterday launched Singapore's first group dental care insurance plan that has the support of the Singapore Dental Association (SDA). Under the scheme, employers can choose from three different packages, with annual premiums ranging from $70 to $325 per employee. Employees
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  • Page 2 Advertisements
    • 188 2 I t NO OTHER PRINTER IS CLEARER, QUIETER, QUICKER OR EVEN SMALLER THAN THE CANON. I x aMMMMBas, -in 'SVf r^Rip' ~y &*£^fssmp»|«M|B W» J%f <VW$,. n? ->X > C" 'X <j*& 1 ->** <* p;; 5 m ,ia .***** B sfl8« J'ig?ha ~g _T* -Smbß jH i^H I I
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 525 3  -  Major shareholders accept Siong Huat's offer By Magdalene Ng THE Siong Huat group's bid for shares in Singapore Fodder Company has become unconditional following the acceptance by the target company's majority shareholder and chairman Hui Shune Ming, and director Dr Gregory Tang. In a
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    • 452 3  -  Still mum on operations By William Chia VIDEOTAPE housing maker Electro-Magnetic (S) yesterday answered some of the questions raised by the Stock Exchange of Singapore over its accounts for the financial year ending July 31, 1990. But it has yet to respond to those questions
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    • 662 3 Bernama SPORTS TOTO Malaysia Berhad said yesterday that the Capital Issues Committee had approved the corporate restructuring scheme of the Inter-Pacific Industrial group but on revised terms. The proposed restructuring involves Sports Toto buying over several property development and propertyrelated investments, and tourism-related
      Bernama  -  662 words
    • 278 3 SINGAPORE Airlines (SIA) will spend $24.4 million on two Lcarjct 31 advanced trainer aircraft to train its cadet pilots and co-pilots. To be delivered in late 1991, these jet-powered aircraft with cockpits similar to those of commercial aircraft will reduce the
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    • 254 3 Bernama MBF PROPERTY Scrviccs Sdn Bhd has launched the first condominium in its Bukit Antarabangsa development in the Ampang area, the 170-unit Kyoto Gardens apartments. The hillside project, the sixth phase of the project, consists of 50 five-storey walk-up apartments costing from M$ 123,000
      Bernama  -  254 words
    • COMPANY BRIEFS
      • 62 3 CHEMICAL INDUSTRIES (Far East) posted a group profit after tax and minority interest of $3.05 million for the half year ending Sep 30, 1990, up 9.1 per cent from $2.79 million in the same period last year. Turnover edged up 3 per cent to 12.5
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      • 53 3 FIRST Capital Corporation's group managing director Heng Chiang Mcng said yesterday he had bought 40.000 FCC shares at $1.23 apiece on Nov 6, and a further 60,000 shares at $1.22 each on the following dav. He said the shares will be registered in the name
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      • 52 3 HONG LEONG Company (M) Bhd announced yesterday that the 300,000 shares in United Engineers beneficially owned by Hong Leong Assurance Sdn Bhd had been transferred to Plimsoll Holdings Co Ltd as at Nov 7. Hong Leong Company said it is deemed to be interested in
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      • 35 3 ARAB-Malaysian Development Bhd said the Capital Issues Committee has approved its proposed sale of its entire shareholding of 56,970,750 Msl ordinary shares in ArabMalaysian Merchant Bank to its shareholders at Mss each.
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      • 33 3 CELCOM Sdn Bhd yesterday signed a Ms 29 million order for cellular mobile telecommunications equipment from Ericsson Telecommunications Sdn Bhd to further accelerate its Art 900 network expansion programme.
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    • 152 3 Bernama THE EXPECTATION of an accommodating 1991 budget to be tabled next month should stimulate further interest on the Kuala Lumpur Stock Exchange, Mayban Securities Sdn Bhd said in the latest issue of Mayban Securities Research. It said the recent weakness in the
      Bernama  -  152 words
  • Page 3 Advertisements

  • REGIONAL COMPANY NEWS
    • 264 4  -  Asean optical fibre submarine cable network By Dexter Lee NEC CORPORATION of Japan has clinched two contracts worth a total of $210 million for supplying the remaining links in the first phase of the Asean optical fibre submarine cable network. The links are
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    • 333 4 Reuter ALTHOUGH the Hongkong stock market welcomes the presence of US investment banks, big obstacles have to be overcome before it can handle the sophisticated financial products they sell, said a Hongkong securities official on Wednesday. "We are trying very hard to encourage
      Reuter  -  333 words
    • 319 4 Reuter THE TITANS of the world credit card industry are vexed with little Taiwan. Enjoying a vibrant consumer culture and soaring levels of disposable income, the Taiwanese look like ripe recruits for the global credit card revolution. But Taiwan shoppers cling stubbornly
      Reuter  -  319 words
    • COMPANY BRIEFS
      • 149 4 JAPAN'S Mazda Motor Corp said it inaugurated a new manufacturing venture in Indonesia on Wednesday as part of a regional network spanning Thailand, Taiwan, Malaysia and the Philippines. The company, PT Mazda Indonesia Manufacturing, is to assemble engines and bodies for new Mazda cars and
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      • 118 4 JAKARTA-BASED PT Toyota-Astra Motor, owned 49 per cent by Toyota Motor Corp, will import 300 Indian-made trucks in calendar 1990 due to a shortage of trucks in Indonesia, a Toyota spokeswoman said. Indonesian commercial vehicle sales totalled 136,515 in January-August this year against 146,247 in calendar
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      • 82 4 FUJIAN Investment and Enterprises Corp, one of 10 Chinese state firms permitted to borrow abroad, has signed a US$2O million loan, the Hongkong subsidiary of Bankers Trust New York Corp said as arranger. The five-year loan carries interest of 3/4 percentage point over London Interbank Offered
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      • 67 4 DAEWOO Corp of South Korea has won two five-year contracts totalling US$ 1 billion to export textile and electronic goods and build plants capable of manufacturing such products in the Soviet Union, company officials said on Wednesday. The contracts were initialled in Moscow last week by Daewoo
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      • 71 4 SOUTH KOREA'S Hyundai Engineering and Construction Co Ltd, a member of the Hyundai Group, has won a 3.88 billion yen order for two buildings from Japanese real estate developer and builder Kajima Corp, a Kajima spokesman said. This is the first time a South Korean builder
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  • Page 4 Advertisements
    • 164 4 Toshiba laptops. today THEY'RE EVEN LIGHTER TO PICK UP. TIOOOSE TIOOOXE PLUS 1 additional f tlli PLUS 1 TOSHIBA external TOSHIBA battery pack j FDD (3.5) $2050 IS mo $3160 battery pack and 1 TOSHIBA PLUS 1 additional internal modem (PA7439) r TOSHIBA battery pack $4530 S «S C3#' S
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    • 82 4 I H^sSsSsSSSSSSSftSSsSSSSHSSSESS^^ Specialists m Fine Hand-knotted Carpets GRANDAUCTION jof Sunday, November 11,1990. Grand Ballroom, gl| O Hilton International, O. P| Singapore. rag |sj| 100 Hand knotted Persian, Village, Tribal and Workshop pieces. jpM Viewing: 10am lpm SB Bra Auction Sale: 1.30pm spm All lids are guaranteed and backed by Hk
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  • INTERNATIONAL COMPANY NEWS
    • 474 5 Policing will not be easy, says an analyst AP LONDON'S Stock Exchange confirmed on Tuesday that it was investigating more than a dozen suspected "bear raids" in which stock manipulators illegally profit by spreading malicious rumours about companies. Asil Nadir, chairman of the
      AP  -  474 words
    • 417 5 NYT SIEMENS AG of Germany and GPT Ltd of Britain said on Wednesday that they planned to merge their American units that produce callswitching and transmission equipment for telephone companies. If the merger takes place, Siemens' factory in Hauppauge, New York will
      NYT  -  417 words
    • 545 5 UPI FOUR straight quarters of losses and a battered stock price has made Businessland Inc one of the largest computer retailers in the US, ripe for a takeover, analysts said on Tuesday. Businessland, with sales of US$l.35 billion in its last fiscal year, has been badly
      UPI  -  545 words
    • COMPANY BRIEFS
      • 99 5 NEWS Corp Ltd's British unit News International pic has no plans to sell the Today newspaper, one of the five it owns in Britain. The company's denial on Wednesday followed market rumours that Today was either to be bought by its management
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      • 77 5 BERISFORD International pic, the foods group struggling with £1.2 billion of debt, has reduced its equity holding in its Rayner Coffee International unit to 35 per cent from 65 per cent. Rayner said on Wednesday that it had arranged a funding package of US$23O million, comprising around
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      • 94 5 AMERICAN Telephone and Telegraph Co has signed a contract with Best Western International Inc to make AT&T long-distance service available to the nearly 1,800 indepen-dently-owned and operated Best Western properties nationwide. The three-year contract, a renewal, is valued at about US$6O million, the company said in
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      • 88 5 LADBROKE Group pic plans to invest 700 million francs in building a race course in the southern Belgian town of Thuin. The national news agency Belga in Brussels on Wednesday quoted Ladbroke executive Cyril Stein as saying that the company wanted to go ahead with
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      • 88 5 PLAYBOY Enterprises Inc is targeting a 20 per cent return on equity by 1993. Chairman Christie Hefner told shareholders at the annual meeting in Chicago on Wednesday that in the fiscal year ended June 30, 1990, Playboy had a return on equity of 4.2 per cent,
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      • 56 5 ABBOTT Laboratories Inc has introduced a new diagnostic test for managing breast cancer patients. The test, which measures the amount of progesterone receptor in cancerous tissue, was recently approved by the US Food and Drug Administration. The tests help evaluate patients' prospects for response to hormonal therapy,
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  • Page 5 Advertisements
    • 171 5 Great literature recognises no boundaries. And neither does the sublime points from tungsten carbide, rather beauty of the Parker Duofold Fountain than using the more common and less Pen and Ball Point Pen pictured wear-resistant steel ball. below. Indeed no expense has been They are the finest writing spared to
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • 87 6 NEW ZEALAND Finance Minister Ruth Richardson confirmed in Wellington on Wednesday the government wanted to sell its 58.2 per cent shareholding in troubled Bank of New Zealand. But a spokeswoman for the minister said it was not the right time
        87 words
      • 116 6 SWISS Bank Corporation suffered a fall in profit in the first nine months of this year and is unlikely to make up the lost ground in the final quarter, chief executive Walter Frehner said. He said that results in the third quarter as well
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      • 82 6 THE Federal Reserve's top policy makers are more pessimistic about the US economy and may soon cut interest rates again on evidence of a recession, the Wall Street Journal newspaper said. The paper said Fed officials privately point to weak employment data released late
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      • 109 6 THE Federal Reserve Board voted to charge market rates instead of the present discount rate for seasonal loans, effective 1992. The Fed said the decision to delay implementation of the measure until 1992 would give banks more opportunity to adjust funding patterns "under potentially difficult
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    • 401 6  -  By Harish Mehta FRENCH insurance giant Axa Group is close to taking a stake in one of the big Malaysian insurance companies as part of its global strategy to buy companies in the region and launch new startups in order to beat the growing
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    • 436 6 NYT CITICORP, embarrassed by the high rates it has had to pay in recent weeks, announced plans on Wednesday to redeem some of its preferred stock. The announcement quickly helped Citicorp, which was able to auction a US$75 million issue of preferred stock at
      NYT  -  436 words
    • 394 6 NYT A NEW wave of dismissals is spreading throughout Wall Street, with cutbacks reported on Wednesday at both First Boston Corp and Bear. Stearns Co. Wall Street executives said that the First Boston dismissed about 45 people on Wednesday from its 475-per-son equity
      NYT  -  394 words
    • 154 6 Reuter THE Dutch central bank does not object in principle to the proposed merger of NMB Postbank Groep NV and insurer Nationale Nederlanden NV. "We have in general a positive point of view," central bank spokesman Hans Sarvaas said. Asked if the bank
      Reuter  -  154 words
  • Page 6 Advertisements
    • 224 6 >f> >d//>e V. HWPB^^^Bibß ■Elf Singapore Indoor Stadium ■fl||H mm 28th December 1990 2nd January 1991 Bg Victoria Memorial Hall Wisma Atria All Saba *»P Clubhouses Oriental Emporium (Jurong Kast. -ir v H —=r~ m Any Mo Kio. Bedok. [iukit Merah. Holland Village 2 8? W~ H*. Hong Lim. Woodlands
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    • 177 6 MITSUBISHI HEAVY INDUSTRIES AIR-CONDITIONING AND REFRIGERATION SYSTEMS CORPORATION (FORMERLY KNOWN AS MITSUBISHI-YORK) is now taking a fresh approach to Singapore by appointing WO KEE HONG PROFESSIONAL AIR-CONDITIONING PTE LTD as their Sole Agent. Mitsubishi Heavy Industries (MHI) has more than 25 years experience of providing Air-conditioning and Refrigerant System equipment.
      177 words
  • Page 6 Miscellaneous

  • THE REGION
    • NOTE BOOK
      • 114 7 VIETNAMESE authorities have recovered 100 billion dongs (US$l6 million) in a crackdown on tax evasion, the official Nhan Dan newspaper said on Wednesday. "By October 31, a little more than one month after the creation of task forces with the job of
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      • 64 7 AUSTRALIA'S unemployment rate rose to 7.6 per cent in October from 7.4 per cent in September and 5.9 per cent a year ago, the government's Bureau of Statistics said yesterday. As further confirmation of a deepening economic downturn, the seasonally adjusted rise of 16,500 job
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      • 58 7 A UNITED Nations delegation will visit East Timor next week, a source close to the Indonesian Foreign Ministry said on Wednesday. The delegation, led by Raffeeuddin Ahmed, the deputy UN secretary general for human rights, will visit East Timor after holding talks in Jakarta
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      • 83 7 US AND Vietnamese technical experts began three days of talks on Wednesday on efforts to improve cooperation on the accounting for American servicemen missing in action (MIA) in Vietnam, a US embassy official said. The meetings, which began in Hanoi on Wednesday, are the first
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      • 71 7 BILATERAL talks resumed in Manila yesterday on the future of US military bases in the Philippines a day after Washington pledged to pull out all its fighter aircraft from the facilities next year. Foreign Secretary Raul Manglapus and other Philippine negotiators met the American panel
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      • 71 7 THE PHILIPPINE government yesterday announced a US$7l million financial settlement of its legal battles with an exiled business tycoon close to the late former president Ferdinand Marcos. Roberto Benedicto turned over more than two billion pesos (US$7l.4 million) in stocks, properties and Swiss deposits in exchange
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    • 274 7 AFP CAMBODIAN guerilla leader Son Sann said yesterday that there will be peace in his country by the end of the year. "Our compatriots will soon be happy because peace will certainly come in the near future or at the latest by
      AFP  -  274 words
    • 153 7 Reuter AUSTRALIAN Treasurer Paul Keating has said the country's budget surplus for the year to June 1991 is on track to meet the forecast target of A 58.12 billion, and could be even higher. Australian Associated Press yesterday reported him as saying: "The
      Reuter  -  153 words
    • 175 7 AFP THE Philippine cabinet agreed on Wednesday to tighten the government's cash flows as part of a scheme to shrink the growing budget deficit, a palace statement said. Under the agreement, the finance and budget departments will prepare a joint
      AFP  -  175 words
    • 416 7 UPI AUSTRALIAN farmers will be asked to slaughter up to 20 million sheep under a radical wool industry rationalisation plan announced on Wednesday by the Australian Wool Corp. Under the plan, quotas will also be introduced for the first time beginning in July 1991 for the purpose
      UPI  -  416 words
    • 233 7 AFP MARKETING executives from Asian countries agreed in Tokyo on Wednesday to form a regional federation following more than two years of talks led by Japanese and Australian marketing groups. "The world market in the 1990's is progressing towards multi-polarisation," Japan Marketing Association executive
      AFP  -  233 words
  • Page 7 Advertisements
    • 35 7 wm i ik ji s §p IBK •fl iBBjK JPj B- AWHroHapßft jKs* fl tjcA' 5k fc# .jg w&^^^KL g» yj- 7 i i i B Ji ■9 r; ill (Be careful with the Kaminomoto)
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  • THE WORLD 1
    • WORLD WATCH
      • 94 8 SOVIET PRESIDENT George Bush will probably meet his Soviet counterpart Mikhail Gorbachev in Paris, on the sidelines of the Conference on Security and Cooperation in Europe (CSCE) to be held from Nov 19 to 21, the White House announced on Wednesday. On his
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      • 94 8 IMPORTED CAR SALES in Japan continued to rise last month, posting the 82nd consecutive year-on-year increase since January 1984, the Japan Automobile Importers Association said yesterday. It said sales in the month surged 26.0 per cent over a year ago to 16,755 units, setting
        94 words
      • 101 8 THE SOUTH KOREAN government has suspended until further notice an agreement with the US aeronautics firm McDonnell Douglas to provide the country with 120 F/A-18 Hornet fighter planes, according to a report on Wednesday in Jane's Defence Weekly. A spokesman for the company in London told
        101 words
      • 72 8 SMALL PRIVATE COMPANIES are opening in Mongolia at the rate of two a day, says China's Xinhua News Agency. It quoted the Mongolia news agency, Montsame, as saying on Wednesday that more than 180 private factories and companies employing a total of 700 people had been
        72 words
      • 65 8 UNEMPLOYMENT in Poland surpassed the one-million mark at the end of last month, affecting 5.5 per cent of the workforce, the government reported on Wednesday. Joblessness is an expected byproduct of the rapid shift to a market economy in which state-run companies must survive without
        65 words
    • 402 8 Reuter TAIWAN expects to lower its huge trade deficit with Japan next year by stepping up its marketing efforts and switching some of its buying to other countries. Government officials in Taipei said yesterday that this year's trade deficit with Japan would
      Reuter  -  402 words
    • 260 8 AFP THE FAR EAST became the biggest market for French cognac in 1989-90, buying 55.9 million bottles or 36 per cent of all sales, ahead even of European Community consumption, cognac producers said on Wednesday. The biggest consuming nation in the Far
      AFP  -  260 words
    • 331 8 The Gulf Crisis AFP THE US has decided to move an additional 700 tanks and some 100,000 troops into Saudi Arabia, according to reports by US television networks on Wednesday. The Pentagon refused to comment officially on the reports, which
      AFP  -  331 words
    • 280 8 Reuter US PRESIDENT George Bush, having survived the mid-term elections in the US reasonably intact, can now devote his attention almost exclusively to preparing for a possible war in the Gulf, say American analysts. Mr Bush's Republican Party did suffer some
      Reuter  -  280 words
    • 704 8 AP INDIAN Prime Minister V F Singh's embattled government has become the first ousted by a Parliament vote, collapsing under political divisions and controversy over religious and caste bloodshed. Following the vote on Wednesday, Mr Singh convened his defeated Cabinet to endorse his resignation
      AP  -  704 words
    • 268 9 Uruguay Round of Gatt talks Reuter AMERICAN Agriculture Secretary Clayton Yeutter has voiced doubts that world negotiators will be able to reach an accord on global trade reform by a Dec 7 deadline. Meetings through December and possibly into January might be needed in
      Reuter  -  268 words
    • 869 9 Disputes extend from vegetables to videotapes Reuter THESE ARE some of the main unresolved issues and standpoints of major participants at the 105-nation Uruguay Round negotiations for freer world commerce, scheduled to conclude in Brussels on Dec 7. Agriculture: The major problem is a
      Reuter  -  869 words
    • 264 9 NYT GEORGE BUSH's administration is divided over a longpending application by Taiwan to join the General Agreement on Tariffs and Trade, the 100-nation agency that oversees global trade. Taiwan's bid to join Gatt is strenuously opposed by China, whose application for
      NYT  -  264 words
    • 584 9 AFP TRADE NEGOTIATORS of 105 industrial and developing countries face a daunting task in narrowing major differences in almost all areas covered by the Uruguay Round. A final package of trade liberalisation measures will much depend on the attitude adopted by the US,
      AFP  -  584 words
  • Page 8 Advertisements
    • 365 8 MtCROCASS€TT€ 'RECORDER tSSSSL Pearlcorder 5930 The new Pearlcorder 5930 from Olympus is the world's first microcassette recorder equipped with an Auto date/time memory. By pressing the Date button, the current time and date of the recording is automatically recorded onto the tape itself. The Date/Time function memorizes the date and
      365 words
    • 137 8 JACK'S ""GOLD LABEL"" OUR REPUTATION IS AT STEAK ft®- Weekly special comes with FREE Soup of thedayl-^Z 1 f -J-—-—. Dessert j—All these at the price of a la cart©^rdyt;~™"^4jJ Tanlrh Pfacc J&s 1 805 Bukit Timah Road, #01-03 Sixth Ave Centre Tel: *****38/*****16 2. 435 Orchard Road. #03-18/19 Wtsma
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  • Page 9 Advertisements
    • 27 9 Y. C. GALLERY H First Anniversary Presents Masterpieces of Fine Chinese Paintings Y.C. Gallery Venue: 160, Orchard Road, Orchard Point #02-17, Singapore 0923. Tel: *****93 Fax: *****15
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    • 155 9 "Take me to the Paul Gayler Promotion at Harbour Grill." i it *•**> •i 1 j f I II lit w jj His tastebuds were screaming for a new experience. One that would take them away to another wvrld. And only one place in Singapore could do that. "Take me
      155 words

  • 470 10 EDITORIAL For two decades, successful economic cooperation has eluded Asean. There has been no shortage of ideas and efforts to try to give the six Asean members the kind of economic cohesion they have shown in the political arena. A host of programmes exist industrial
    470 words
  • WHAT THE OTHERS SAY
    • 237 10 IT IS clear that Iraqi President Saddam Hussein will not pull his troops out of Kuwait. Also, the economic sanctions imposed by the United Nations are showing little signs of biting deep enough for Mr Saddam to call off his Kuwaiti adventure. In fact, as the world
      237 words
    • 146 10 AFTER leading Britain for 11 years, Mrs Margaret Thatcher is now facing a crucial challenge to her leadership. The protest resignation of her deputy has threatened to split the Conservative Party. Even Britain's industrialists have joined in mounting criticism of her European policy. Her popularity has also
      146 words
    • 104 10 THE PROPOSAL to classify movies into different categories can be seen as one of the measures taken by the new generation government under Mr Goh Chok Tong to further relax control. If bad sideeffects can be avoided, classifying movies into categories should help to boost the development of
      104 words
  • REGIONAL VIEWPOINTS
    • 192 10 THE GOVERNMENT, so often accused of being weak, is being criticised for acting too tough in its handling of its dispute with the civil service unions. The threat against postal workers to invoke the Letters Patent, giving the Governor wide powers including the dismissal of striking civil
      192 words
    • 160 10 DESPITE Prime Minister Chatichai Choonhavan's statement that the noisy bickering over the radio truck controversy between Prime Minister's Office Minister Chalerm Yubamrung and Supreme Commander Gen Sunthorn Kongsompong has been resolved, the conflict appears to have taken a new twist, with the government's stability being put
      160 words
    • 126 10 HOUSE SPEAKER Panja Kesomthong is alarmed by what he believes was widespread vote buying in the provincial elections last month. The illegal tactics were nothing new. What Panja was concerned about was the amount some candidates had spent to ensure their election. Vote buying is a serious
      126 words
  • 903 10  -  Michael Quint reports on the possibility of a recession in the US Michael Quint NYT THE economic slump in the US could be deeper and last longer than previous recessions, some bankers and economists are warning, because many of the conditions that normally soften a
    NYT  -  903 words
  • Page 10 Advertisements
    • 485 10 29-30 November 1990 A Westin Singapore 3-4 December 1990 Pan Pacific Kuala Lumpur 5-6 December 1990 Borobudur Jakarta H A practical 2-day programme specially designed for The panel of speakers include noted professionals H all hoteliers and hotel/resort developers to address experts in the industry: H key issues in successful
      485 words
  • Page 10 Miscellaneous
    • 71 10 DOONESBURY BY GARRY TRUDEAU IN THE STREETS OF SAN HER. UN3XPSC TED RETURN TO SHE NEVER CAMPAIGNS, ...ANP HOUJ FRANOSCC TONmr, THERS OFFICE,, HOWEVER HAS CREATE? MRS PAVENPORT /S NOW IN THE MANY THINK A SHOW IS MUCH JOY OVER. THE SOME UNIQUE PROBLEMS FOR UNUSUAL POSITION OF HAVING TO
      71 words

  • ANALYSIS
    • 697 11 Japanese firms are resuming business in Cnina following the unfreezing of loans Asahi News Service ENCOURAGED by Japan's Nov 2 decision to resume official loans to China, frozen as part of sanctions against the crackdown of the pro-democracy movement in Tiananmen Square in June
      Asahi News Service  -  697 words
    • 974 11  -  The Lippo group's growing success may be attributed to its basing its corporate objectives on national objectives. Abdul Hadhi reports on its business strategies and plans for regional expansion Abdul Hadhi INDONESIA'S Lippo group is fast becoming a regional player, making headlines in recent months
      974 words
    • 639 11 Hopes and woes one year after the Wall's opening Reuter ONE year after the dramatic opening of the Berlin Wall, the long-divided city is growing together again but risks falling apart because of social problems. As the euphoria wears off. traffic chaos, unemployment. a
      Reuter  -  639 words
  • Page 11 Advertisements
    • 126 11 «r < A mo n POLITENESS The kind of hospitalm thai maki-s oik- kil a: h«>nuIn Penang where else but Shangri-La. smV.RI I A INTJJtNATIONAI.: M ALA U MPI K <(l*l 2VI 62*. M V.APOKt <?< "*?<, «H«W.M I IMI»**TI«N*I HOIII ax.t OSORIS I (Stilt HIM fljl HIIM. MIS). IMMIMM*
      126 words

  • FOCUS
    • 943 12 The United States mid-term election NYT A DIVISIVE, tumultuous midterm election in the United States has ended with a striking new class of governors, a strengthened Democratic majority in Congress and some ominous signals for President George Bush and other potential candidates in 1992. After
      NYT  -  943 words
    • 507 12 AP Democrats with presidential ambitions won their reelection campaigns but some will have to deal with homestate problems and live down embarrassingly small victory margins. New York Governor Mario Cuomo, who has kept himself on everyone's list of presidential hopefuls for most of a decade,
      AP  -  507 words
    • 236 12  -  By S N Vasuki The democratic Party's victory in the United States elections on Tuesday could result in a more protectionist line from Congress, according to two American political analysts. The protectionist line was inevitable, but America's trading partners should be "understanding"
      236 words
  • Page 12 Advertisements
    • 72 12 "f m w j V' s. With a new menu at the refurbished Waterfall Cafe, you won't find a more r „n r rrM ShangriLa hotel authentic spread of local specialities, from 'kiam chye arh" (salted vegetable wOUGPfOII Singapore duck soup) to curry fish head. And now you can enjoy
      72 words

  • SPORTS
    • SIDE LINES
      • 122 13 THE Aronomink Golf Club, unable to meet the requirement for minority members, has asked to be relieved of its agreement to host the 1993 PGA national championship. The PGA said yesterday that the search for another club, in another location, to host the 1993 championship will
        122 words
      • 67 13 SOUTH AFRICAN Neil Broad has been cleared to play tennis for Britain. The 23-year-old doubles specialist was given permission by the International Tennis Federation this week. Broad, who has been a British citizen since 1981 and a passport holder since 1984, is world ranked 15 in doubles and
        67 words
      • 98 13 FORMER heavyweight champion Mike Tyson could have the final word on whether he or George Foreman challenges title-holder Evander Holyfield, a World Boxing Council (WBC) spokesman said on Wednesday. Tyson, anxious for a chance to regain the world crown he lost nine months ago, is officially first
        98 words
      • 56 13 MAXWELL Communication Corp pic's British subsidiary, Mirror Group Newspapers Ltd, said yesterday that it is to launch a US daily newspaper devoted to horse racing in the spring of 1991. It will be called The Racing Times. Steven Crist, formerly chief racing writer of The New York
        56 words
    • 609 13 AP GORAN IVANISEVIC took a small step towards a place in the eight-player ATP Finals by overpowering Thierry Champion 6-4, 6-2 in the first round of an indoor tennis tournament in Wembley on Wednesday. Ivanisevic, who is in ninth place in
      AP  -  609 words
    • 198 13 AP MEXICAN Rafael Gonzalez won the 202-km fifth leg of the Tour of Mexico on Wednesday, seconds ahead of the main pack. Gonzalez broke away from the pack 20 kms from the San Luis Potosi finish line. His time was 4 hours. 45 minutes,
      AP  -  198 words
    • 493 13  -  Paul Ramani reports on the PGA Charity Pro-Am tournament Paul Ramani SEMBAWANG PRO Tay Lian Whatt was a very happy man at the PGA Charity ProAm '90 tournament held at the Warren Golf Club on Wednesday. Not only did Tay finish in first and
      493 words
    • 200 13 Reuter WORLD champion New Zealand, back to its best in a 24-3 thrashing of France in the first Rugby Union Test last week, on Wednesday named an unchanged side for the second and final Test in Paris tomorrow. Trainer Alex Wyllie said it
      Reuter  -  200 words
  • Page 13 Advertisements
    • 1001 13 NOTICES IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF KEW FACILITIES PTE LTD (IN VOLUNTARY LIQUIDATION) MEMBERS' VOLUNTARY WINDING UP At an Extraordinary General Meeting of the Company duly convened and held at 1 Colombo Court #06 20 21. Singapore 0617 on the 2nd
      1,001 words
    • 448 13 In The Matter of The Companies Act Cap 50 And In The Matter of BAN POH SIA INVESTMENT CO. PTE. LTD. (In Voluntary Liquidation) MEMBERS VOLUNTARY WINDING UP At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 15 Briar Ave Medindie 5081
      448 words
    • 545 13 THE COMPANIES ACT (CHAPTER 50) HWEE LEE HIN SHIPPING A TRANSPORT PTE. LTD At an Extraordinary General Meeting of the abovenamed Company duly convened and held on 5 November 1990 the following special resolution was duly passed "Resolved that the Company be wound up voluntarily and that Mdm Chen Ko
      545 words
    • 41 13 Kgpg*- Wf/m-- 5 lIP l I Wgg. I 11l Jmm 1 m I I ■r v f l i V .V BALLESTEROS m SOLE AGENT SUMBER CO PTE LTD TEL: *****01 FAX *****74 S. AVAILABLE AT LEADING OPTICAL GOLF SHOPS N
      41 words

  • Page 14 Advertisements
    • 1331 14 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Some of our best advertising is by word-of-mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. 330 8310 or 338 8585 ext *****/6.
      1,331 words
  • Page 14 Miscellaneous
    • 781 14 TELEVISION AND RADIO nHHTit;-- it*i. mm mmm!u;i niMi **semm* ■<*?< wtmvmmin* iwwpwmmwbwwbmnmmbmmw« "W" T 11 i 1 1 J SBCI2 12.35 -matu. 730 NgaO-fc. (Cartoon). I BUSINESS ON RADIO U nlrienalv thoughts seca > —i« Ssr—■ ssSaF tAAV 8.00 Reina Dela Selve Gertrude 5.50 PM Hassai Sensei (C). 7.10 am,
      781 words

  • LIFESTYLE
    • 721 15 Ageing survivors whose lives touched Anne Frank's very own have recorded their personal expenences of the Nazi occupation of the Netherlands during World War II Reuter SHE WAS BRIGHT and charming, but she could be domineering, spoilt and acidly critical of those around her. Anne
      Reuter  -  721 words
    • 792 15 A raging fire at Universal Studios on Tuesday destroyed four acres of sets and decades of movie history NYT POLICE have arrested a Universal Studios security guard and charged him with arson in connection with a raging fire at Hollywood's biggest and busiest film
      NYT  -  792 words
    • 242 15 CHATTERBOX JOHN F KENNEDY Jr told his boss, Robert M Morgcnthau, on Wednesday that he had passed the New York state bar exam, thus insuring his job and a raise. Kennedy, who had failed to pass the test twice previously, will remain in the Manhattan
      242 words
  • Page 15 Advertisements
    • 240 15 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. ANA HOTEL 16 NASSLM HILL, SINGAPORE 1025. TEL: 732 1222 SINCAPORE In the delicate flavours °f our steamed Tilapia
      240 words
    • 254 15 m rr Hi. ;♦>«. AS-YOU-WANT-SUSHI $48 Sushi Counter, Daily, All November 1990 1200 to 1430 hours NISHIKI RESTAURANT MARINA BAY GOLF AND COUNTRY CLUB 6 MARINA GREEN SINGAPORE 0101 TEL: *****11 TDr\ii/a es,auran an( J 1 KVSIIV/% Karaoke Lounges riNEST RUSSIAN AND CONTINENTAL CUISINE Shashlik Beef Borshch Fish Papillote The
      254 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4608 16  -  By Magdalene Ng FRESH FEARS of war breaking out in the Middle East and negative local news drove Singapore share prices to lower ground yesterday while sending the market's barometer, the Straits Times Industrials Index, to its fourth lowest level this year.
      4,608 words

  • 3958 17 Main Board GE Life 1290 40 3 2% Asia Pacific- 780 +15 +2 0% OUT 225 +-15 +-7.1% Prima 535 +5 +0.')% Inno-Pacific 108 +-5 +-4.9% Keppel C Wrts 259 +-3 +1.2% JC-MPH 86 +3 +-3.6% Spore BusF 500 500 +2 +0 4% Intraco 172
    3,958 words

  • BT SHARE INFORMATION SERVICE
    • 179 18 Company Data Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend (000) (cents) GK Goh Nov 5 Jun 90 J8.167(~) 4 l(-) 5(-) tAI Ins No* 1 Jun 90 AS18.237($60.043> 80(27 I) 90(90) uentrepomt Oct 30 Jun 90 J14.453 (J8.599) 5 4(3 2) 5
      179 words
    • 113 18 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (•000) (cents) tMS No« 6 Jul 90 $20.6091 (J6.236) -(9 3a) 3TE(2 3TEa) New World Dev Nov 6 lun 90 HK$1.128dg($l,248dg) 90 0(108 0) 61(60) CI Holdings Oct 29 Jun 90 M$19.466(M$5.091) 27(99)
      113 words
    • 368 18 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend ('000) Murata Nov 7 Sep 90 6.236f(11.473t) 15(15) George Kent Oct 31 Jul 90 M$2.556($1.938) 4(3) General Corp Oct 31 Jul 90 MJ5.134($1.145L) Hexza Corpn Oct 31 Jul 90 MJ1.391 ($2,806) lacks Int Oct 31 Jul 90
      368 words
    • 371 18 Nov 7 Foreign brokers interested in the international membership on the Stock Exchange of Singapore will need an initial paid up capital ot Sslsm tor their new set ups Nov 6 Centrepoint Properties Ltd received approval trom the Urban Redevelopment Authority to add another 11,000 sq m to
      371 words
    • 774 18 Current Ex Books Date Total for Total tor payment date close payable the year last year Acma 5%TE(I) Oct 19 Oct 31 Nov 15 5%TE MSB 10%(b) Jan 4 lan 18 lan 28 10% 12% Antah 6%(b) No* 22 Oec 6 Oec 28 6% 61 Anno 7 5%TE(I)
      774 words
    • 598 18 Singapore Stocks Last Full Year Company Penod Date Year Net EPS Gross Net arranced endng (cents) dry profit last ye» ($*000) Lean( Interim Mar 30 Dec 89 5351(h) SU Interim Oct 29 Mar 91 1884 350 1.200.600 Spvt Land final No* 3 Aug 90 64(a) 75(a) 15.842 HIP
      598 words
    • 402 18 Company Rights Issue Emtei One-lot-one M$100 pet share Ei-date Nov 5 Books close Nov 19 Acceptance t Payment NYA M Bartr* One-tor two fe M$5 00 per share Ex-date Oct 24 Boohs dose Nov 7 Acceptance Payment NYA MBS rtdfs Nh*-tor ten MSI 00 pet share Ei-date Oct
      402 words
    • 832 18 BONDS, LOANS WARRANTS Company Conversion period Conversion term tor one ordinary share 5 5 Before 26 4 93 1 warrant plus S3 09 cash Causeway Loan Causeway Nt 2 10 89 to 20 10 94 1 warrant plus {1 cash or 1 warrant plus |1 nominal amount of loan stock
      832 words
    • 210 18 First Capital Corp Ltd: 14th AGM at the Pinetree Town Country Club. 30 Stevens Road, Singapore 1025 on Friday, Nov 9, at 3pm Cement Industries of Malaysia Bhd: EGM at Pens Hotel, 135 Jalan Besar. Kangar, Perlis on Monday, Nov 12. at 10am. SEAL Incorporated Bhd: EGM at
      210 words
    • 491 18 Company Rights Issue Alcorn One for two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of M$0 10 each at MJ1 per share with 10m detachable TSR Bolton One toe lour (a MS2 00 per share CUM Five tor tour (a. MJ4 00 per share
      491 words
  • Page 18 Advertisements
    • 1268 18 NOTICES IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF W. D SCOTT A CO (SINGAPORE) SENDIRIAN BERHAO (MEMBERS VOLUNTARY WINDING UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at 47 Hill Street #05-04. Chinese Chamber of Commerce Industry
      1,268 words
    • 348 18 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 90) ANO IN THE MATTER OF VAN FENG KEE RESTAURANT PTE. LTD. (In Mooters' Voluntary Winding-up) At an Extraordinary General Meeting ot the Sbovenamed company duly convened and held at 101-A Upper Croat Street. #1116. People Park Centre. Singapore 0106 on Saturday,
      348 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3898 19 Bernama SHARE PRICES on the Kuala Lumpur stock market drifted to a lower close yesterday on jitters over the Gulf crisis as trading on the exchange continued to be dominated by Telekom Malaysia shares. The KLSE Composite Index fell 4.50 points to 471.15 while
      Bernama  -  3,898 words
  • Page 19 Advertisements
    • 362 19 BUSSI^^ESS^TIM^^j TELEPHONE: 730-5937/5902/5942 FAX: 734-4982 GEMBASE MANAGEMENT LIMITED HONG KONG Invites applicants for the following posts for an Indoor Recreation Centre at Beijing, China. CLUB MANAGER Experience In recreation or hotel management with slmlllar position or Deputy General Manager level Mature and possess strong leadership and administrative skills OPERATION MANAGER/
      362 words

  • TOKYO STOCK EXCHANGE
    • 2255 20 Reuter TOKYO stocks closed lower yesterday after a day of volatile trade in which anxiety over the Mideast crisis drove stocks to their lowest levels in a month. Brokers said investors were clearing positions ahead of a long weekend here in case
      Reuter  -  2,255 words
  • STOCK EXCHANGE OF HONGKONG
    • 2199 20 HONGKONG share prices fell for the fourth consecutive day yesterday in lacklustre trading, with the Hang Seng Index losing 22.75 points or 0.76 per cent to 2,932.44. "I think (Prime Minister Margaret) Thatcher's comment that there would be war in the Gulf
      2,199 words

  • Seoul stocks plunge towards 700 level
    • 922 21 AUSTRALIAN shares closed firmer yesterday on the back of National Australia Bank's strong performance after it released better than expected annual net profit results. Brokers said NAB was largely responsible for gains across the board after months of investor concern over the company's performance. NAB said its year net
      922 words
    • 149 21 THE New Zealand exchange ended lower overall yesterday in a generally mixed market as traders took their cue from weak overseas markets amid increasing tension in the Gulf. The Barclays Index estimate tell 15.58 to 1,292.33 points on low volume. "There wasn't really a lot of commit- ment
      149 words
    • 627 21 FRESH TALK of war in the Gulf and tumbling share prices on Wall Street sent Thai stocks lower in thin trade yesterday, brokers said. The SET Index fell 1.06 points to close at 661.19 on a 1.7 billion baht turnover. Losses led gains 66 to 53. Most active were
      627 words
    • 327 21 TAIWAN stocks closed lower yesterday after an unstable trading day as renewed Gulf fears again pulled the market down, dealers said. The Weighted Index lost 135.87 points, or 3.68 per cent, to finish at 3,554.00 compared with Wednesday's 3,689.87 close. Turnover was NT553.12 billion against $49.4 billion. Taipei NTS
      327 words
    • 1039 21 SEOUL stocks plunged across the board yesterday towards the 700 level as in- crcasing tension in the Gulf dampened investor sentiment, brokers said. The Composite Stock Index closed at 707.24, down 13.72 points from Wednesday's close. Volume was active at 348.3 billion won against 309.3 billion on Wednesday. Falls
      1,039 words
    • 460 21 PHILIPPINE shares drifted lower at the close of sparse trading as concern about a possible new round of petrol price increases kept most investors on the sidelines, brokers said yesterday. The Manila Stock Exchange Composite Index closed 12.02 points lower at 596.35. Combined turnover on Manila's two bourses slid
      460 words
    • 60 21 BOMBAY share prices ignored political uncertainties to rally sharply on Wednesday on heavy buying across the board, brokers said. The Bombay Stock Exchange index shot up 49.42 points, or 3.71 per cent, to 1,381.17. The National Index rose 22.35 points, or 3.38 per cent, to 683.31. The exchange was
      60 words
    • 886 21 Close Previous 47.No* 8 SYDNEY AD Ordinaries Index 1342.3 1335.0 +7.3 All Industrials Index 2010.7 1.995.2 +15.5 AH Resources Index 823.1 82L5 -H.6 Turnover (million) 92.69 125.75 -33.06 BANGKOK SET Index 661.19 662.25 -106 Turnover (million) NA JAKARTA Composite Index 414.51 Turnover (nearest 000) 1500 MANILA Composite Index 596.35 608.37
      886 words
  • Page 21 Advertisements

  • WORLD STOCK MARKETS
    • War jitters send New York prices lower
      • Article, Illustration
        1056 22 STRONG war talk from Margaret Thatcher pushed oil prices sharply higher on Wednesday and sent stock prices sharply lower. The Dow Jones Industrial Average, which had been falling a bit by noon, began dropping even faster when traders received word that the British Prime Minister had threatened to
        1,056 words
      • Article, Illustration
        757 22 SHARE PRICES closed lower on London's Stock Exchange on Wednesday. Dealers said investors lacked direction and were awaiting several events this week, such as the US Treasury refunding as well as the autumn statement from Chancellor of the Exchequer John Major. The Financial Times-Stock Exchange 100-share index was down
        757 words
      • 219 22 FRENCH share prices opened sharply lower yesterday in reaction to steep falls in New York and Tokyo, fears of war breaking out in the Gulf and higher oil prices overnight, dealers said. The CAC-40 index started at 1,553.58, down 29.88 points from Wednesday night's close. It dropped further to
        219 words
      • 247 22 GERMAN share prices opened about 1.6 per cent lower yesterday after sliding in nervous pre-bourse trade, pushed down by fears that the tense situation in the Middle East will soon escalate into war. "The Gulf is the main topic right now," one dealer said. Investors were reacting nervously to
        247 words
      • 354 22 SWISS shares traded slightly easier but were off earlier lows at midsession yesterday in very thin volume. Dealers said levels were higher than they had expected following falls in New York, Tokyo and Frankfurt. The All-Share SPI index slid 5.4 points to 898.4, while the SMI index of leading
        354 words
      • 406 22 THE Johannesburg stock market looked in store for another dull day yesterday morning as growing fears of a war in the Middle East Gulf further dampens already sagging investor confidence, dealers said. Gold shares showed no significant response to slightly higher world bullion prices, they said, citing the recent
        406 words
      • 186 22 BELGIAN shares slipped at the start of trading yesterday and dealers said mounting concern that there would soon be a war in the Gulf was the main reason. "The US decision to send more forces from Europe to the area and the hawkish tone of President Bush and Margaret
        186 words
      • 445 22 DUTCH shares continued lower at midsession yesterday with disappointing quarterly results of Royal Dutch adding another negative note to a bourse already depressed by the Gulf crisis and lower stock markets abroad, dealers said. By 1225 GMT the CBS Tendency index was down 0.4 points at 93.2. Royal Dutch
        445 words
      • 187 22 STATEMENTS by British Prime Minister Margaret Thatcher that time was running out for Iraq to leave Kuwait peacefully sent oil prices soaring and Toronto stocks plunging, dealers said on Wednesday. Now that the US elections are over, the US may push for war, they added. The Composite Index lost
        187 words
      • 149 22 Nov 7 Close Previous NEW YORK Dow Jones 2.440.84 2.485.15 -44.31 NYSE Financial 104.14 110.28 -1.14 SAP 500 306.01 311.62 -5.61 Turnover (million) 149.1 141.1 +8.0 LONDON Financial Times 30 1.590.8 1598.9 -8.1 FTSE 100 2.059.2 2069.8 -10.6 Turnover (million) 373.7 386.3 -12.6 AMSTERDAM CBS Tendency Index 93.6 94.4 -0.8
        149 words
  • Page 22 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1192 23 FOREX MARKET REPORTS Reuter THE US DOLLAR yesterday rose against all major foreign currencies in early European trading. Gold prices were lower. Dealers said speculation that Western forces will launch strikes against Iraqi troops in occupied Kuwait boosted the US dollar, which
      Reuter  -  1,192 words
    • 441 23 Reuter LOWER interest rates and a weaker dollar were signalled on Wednesday by an auction of US Treasury notes at the lowest yield since world interest rates shot up at the start of the year. In the third day of a
      Reuter  -  441 words
    • 175 23 Bernama BANK Buruh (M) Bhd is hopeful there will be another small rise in the base lending rate soon, as financial institutions are only reaping narrow yields as a result of higher deposit rates and higher cost of funds. Its executive director.
      Bernama  -  175 words
    • 1209 23 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.03 9105 92.03 9105 2200 ***** 9209 Mar 91 92.31 92.34 92.31 92.33 6250 9896 9801 Jun 91 92.32 92.35 92.32 92 34 1230 5199 2619 Sep 91 92.21 92.22 92.20A 92.21 205 1055 681 Dcc
      1,209 words
    • 396 23 Cross rates Nov 8 USS S$ MS Dm Yen SFr AS NZS USS 1.7035 2.7005 1.4850 129.20 0.5077 1.2455 1.2845 1.6367 SS 0.5870 1.5853 0.8717 0.7584 0.2981 0.7311 0.7540 0.9608 MS 0.3703 63.08 0.5499 0.4784 0.1880 0.4612 0.4757 0.6061 Dm 0.6734 1.1471 ***** 87 00 0 3419
      396 words
    • 561 23 Interbank rates S$ Bid Offer Overnight 6 1/2 6 5/8 1-month 6 1/2 6 5/8 2-month 6 9/16 6 11/16 3-month 6 5/8 6 3/4 Overnight mode: 6-1/2 LiS$ Bid Offer 7 days 7 15/16 8 1/16 1 month 7 15/16 8 1/16 2 months 8 1/8 8
      561 words

  • COMMODITIES
    • 509 24 NYT SPURNING an offer to cross the Hudson River to New Jersey, leaders of New York's commodities exchanges said on Tuesday that they would recommend that their new headquarters be built in lower Manhattan, home to the exchanges for more than a
      NYT  -  509 words
    • 251 24 Reuter THE OUTLOOK for the sugar market's world supply and demand outlook remains broadly balanced, and current carry-over stock levels cannot be considered a burden at current price levels, London trade house Czarnikow said in its latest monthly sugar review. Czarnikow's estimates show that production is
      Reuter  -  251 words
    • 836 24 REPORTS THE tin pricc on the Kuala Lumpur Tin Market retreated another nine sen to M 516.25 per kg yesterday on poor fundamentals and lack of fresh buying support, dealers said. The sharp fall on the London Metal Exchange overnight
      836 words
  • 1425 24 Rubber Nov 8 MS (fcHn >■>») S cents/kg Noon Close Int I RSS Prompt 153 50/I54 50N 154 25/I55.25N Int I RSS Dec 90 153.75/***** I54.2VI54 75N Int 1 RSS Jan 91 I53.7VI54.25 154 00/154 50N Int 2 RSS OP *****/151 OON 149 50/151 50N Int 3 RSS OP
    1,425 words
  • Page 24 Advertisements
    • 1042 24 notices I CHAPIN SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act Cap. SO the Final Meeting of the Company will be held on the 10th day of December 1990 at 11.00 am at 16
      1,042 words
    • 9 24 Managers must manage. BT shows you how every Monday.
      9 words

  • THE TRAVEL PAGE
    • 1036 25 City Flight ETA Flight ETD Abu Dhabi GA894 0010 SRI 87 0135 GA890 2225 GA970 2335 Adelaide SQ227 2130 Amman RJ182 1445 Amsterdam KL835 1505 KL836 0650 SQ24 2215 GA890 2225 Athens SQ45 0805 SQ24 2215 Auckland NZ35 1530 BA11 1255 SQ338 2030 SQ325 2115 BA12
      1,036 words
    • 734 25 LETTER FROM BERLIN DOLLARS evaporate fast these days in Berlin, swallowed by the gold fever of impending German reunification and the mark's might. But even if coffee and a slice of apple strudel can easily cost US$lO at the pricier cafes, a stay in
      734 words
    • 154 25 As at 3pm yesterday: l>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.320 1.340 Canadian dollar 1.453 1.473 NZ dollar 1030 1.060 Sterling pound 3.340 3.370 US dollar 1.7050 1.7150 IjOtoI dollars tu 100 units iif foreign currenc) Austrian schilling 16.00 17.00
      154 words
    • 61 25 Duration Title Venue Organiser Tel Duration Title Venue Organiser Tel Nov 7-11 International Italy Torino (39)*****9 Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 New Technologies Esposuoni Rubbcr Fair Association Inno ations air p Nov 14-20 International Pans Sopros-Blenheim 1/*****000 Technical Nov 12-15 Fire East 90 Hongkong
      61 words
  • Page 25 Advertisements
    • 66 25 Trouble for the Lions? Come Saturday night, Singapore meets Perak in what could be the most exciting match of the Malaysia Cup tournament. How will the Young Lions match up with the Silver State? One day before the match, S. Gulam traces the rise of Perak from the ashes to
      66 words
  • Page 25 Miscellaneous
    • 269 25 1 Rejecting conflict (9) 9 Getting mad at an eccen-tric-so inflexible (7) lH 10 Having a roof over one's 11 Sporting people involved in a row (7) ~|l3 12 It's not a minor change he proposes (9) |H| 14 Go mounted on the lead- HH—JH lli 15 Finding a soldier
      269 words
    • 214 25 Singapore Outlook: Showers oter man) areas in (he morning. Forecast: Maximum temperature 32.5° C Assoc humidity 57% Minimum temperature 24.1' C Assoc humidity 87% Hours of sunshine 8.50 Rainfall in mm Nil Rainfall this month 73.6 Rainy days this month 4 World Forecast Asia-Pacific Hi/Ixi* Cond. Auckland 19/I3 Fair Bangkok
      214 words
    • 22 25 p,9 long fts >'n see* to Be gong rnoNCS FoR OLD RoPC TvAernOTioNS i EVENING STANDARD CO. LTD.. 1962 1990 C &309
      22 words

  • 374 26  -  B-G Lee gives assurance to Seal By Lilian Ang THE GOVERNMENT will maintain its spending on infrastructure work and on the Housing and Development Board renovation programme to cushion any fall in private sector demand in the construction industry. This undertaking
    374 words
  • 190 26 AFP THE URUGUAY ROUND of trade talks is in "terrible trouble", mainly because of the European Community's stand on agriculture, Australian Agricultural Minister Neal Blewett said in Brussels yesterday. Addressing journalists after meeting with officials of the European Commission, he said any failure of
    AFP  -  190 words
  • 402 26 AP INDIAN opposition leader Rajiv Gandhi's Congress Party will support leftist politician Chandra Shekhar's bid to form a new government, a party spokesman announced in New Delhi yesterday. The declaration capped a day of political meetings following Prime Minister V P Singh's defeat in
    AP  -  402 words
  • 134 26 AFP BANK NEGARA. Malaysia's central bank, yesterday took over control of yet another finance company as part of its strategy to restructure ailing financial institutions. Bank Negara said in a statement that KCB Finance Bhd had incurred losses of M 5257,000 in 1987
    AFP  -  134 words
  • 298 26 AMERICAN FIRM Smith Corona Corp has filed an anti-dumping duty petition seeking relief from dumped imports of personal word processors from Japan and Singapore. According to an Associated Press report from Connecticut, chairman and chief executive officer G Lee Thompson said if the petition
    298 words
  • 248 26  -  From Sangeeta Mulchand in KUALA LUMPUR INDONESIA has won the right to host the Asian Advertising Congress in 1995 after a three-way tussle involving Singapore and China. Peter Ling, president of Singapore's Association of Accredited Advertising Agents, said yesterday that Indonesia's chances were enhanced
    248 words
  • Page 26 Advertisements
    • 529 26 P .iIL Baume Mercier GENEVE 1830 *ITHE SIM 1990 ANNUAL MANAGEMENT LECTURE > WINNERS AND LOSERS: Lessons for Companies and Managers Speaker: Dr Bohdan Hawrylyshyn Chairman, International Management Institute, Kiev Consultant to governments and MNCs In today's globalised Key Topics economy where change is Creating and maintaining the pre-conditions for
      529 words
    • 8 26 Negotiations unlikely to meet deadline: Yeutter, Pg 9
      8 words
    • 45 26 JIL Baume Mercier GENEVE 1830 jjfjljfafc. "THE FLIGHT" t "THE DESTINATION" HOTEL PHOENIX SINGAPORE )r 4 hjrJ R, jJ Semrrwri R<uiJ Telephrne *****66, CaH, FEE:NIX. Tw„ FEENIX R*****8. Tw.fu« *****24 A mc'mlvt f ih* iit u|» A Tfem' Superior First Class Hotel on Orchard Road
      45 words
    • 8 26 Indian Cabinet ousted by parliamentary vote, Pg 8
      8 words

  • Shipping Times
    • 381 27  -  By Dexter Lee SINGAPORE IS poised to play a pivotal role when Japan's largest airline, All Nippon Airways (ANA), launches its chartered flights operations early next year. Mr Keiichi Mitsuhashi, general manager of ANA's office here, told BT that its charter subsidiary. World
      381 words
    • 358 27  -  By Selva Kumar AFTER a close finish in 1989, Singapore and Hongkong are again running neck and neck in the race to become the world's top container port this year. As at September, Singapore still leads with 3.83 million TEUs (20-foot container equivalents)
      358 words
    • 379 27  -  From Florence Chong in SYDNEY THE FIRST major enterprise agreement for the Australian waterfront is being threatened by one of the country's largest stevedoring companies which regarded the productivity delivered as being inadequate. The company, Conaust, was commenting on a copy of the agreement
      379 words
    • 272 27 CHINESE police in Shanghai have confiscated a Singaporebound ship loaded with Thai rubber sheets worth over BtlOO million, which was reported missing in Malaysian waters in late September, said Sanit Wongpruek, a southern rubber exporter in Thailand. According to The Nation. 23 of
      272 words
    • 374 27  -  By Othman Abu Bakar KONTENA Nasional (KN), Malaysia's largest container haulage company which is aiming for a listing on the Kuala Lumpur Stock Exchange, has earmarked more than Mslo million for its fleet expansion programme next year. According to its chief executive, Mr
      374 words
    • NEWS SUMMARY
      • 53 27 THE SPATE of recent tanker accidents and oil pollution have reopened the issue about tanker design and safety. The concerns associated with the lifespans of both new and existing hulls and the new US legislation combine to make the life of tanker owner one of
        53 words
      • 26 27 HUTCHISON Telecoms, a division of Hutchison Whampoa, has entered a joint paging venture with Australian satellite company, Aussat. Back Page
        26 words
      • 42 27 JAPAN'S Transport Ministry expects the number of shipbuilding permits it issues to fall soon because of the Middle East crisis and the yen's recent strength against the dollar, despite a rise in October tonnage Back Page
        42 words
      • 32 27 SOUTH KOREA has chosen a consortium comprising US firm Bechtel Inc and South Korea's Yooshin Engineering Corp to design a new international airport Back Page
        32 words
      • 28 27 BRITISH-BASED GPT and Germany's Siemens AG said they are close to merging their public telecommunications operations in the United States Back Page
        28 words
    • LOG BOOK
      • 73 28 NEPTUNE ORIENT LINES yesterday announced the christening of the Dragon Sentosa. a feeder containership built at the Qui Xin Shipyard in Shanghai, China. The 318-TEU vessel, which will be delivered in April next year will boost owner South Dragon Shipping's intra-Asia fleet strength to
        73 words
      • 82 28 A CONSORTIUM including British Aerospace pic's Dutch building subsidiary Ballast Nedam said it won a US$7O million contract for construction of port facilities in Port Dickson, Malaysia. The contract, awarded by Shell Transport and Trading Co pic unit Shell Refining Co Bhd, is for three
        82 words
      • 43 28 THE master of the Indonesian-owned container vessel Anro Jayakarta, 21,125 dwt, reported an engine breakdown while bound from Sydney to Melbourne on Nov 6, Lloyds Shipping Intelligence reported. The vessel arrived on Nov 7 and a surveyor is in attendance.
        43 words
      • 80 28 A 24-HOUR strike by 400 pilots at Belgian ports seriously disrupted traffic in Antwerp, one of Europe's busiest ports, Belgian radio said. The radio said 43 boats were blocked in Antwerp as a result of the strike, which was due to end yesterday. Pilots struck to
        80 words
      • 112 28 UNITED KINGDOM energy firm Calor Group pic said it had sold its transport business, Liquids Powders and Gas Transport Co Ltd (LPG), to Transport Development Group pic (TDG) for an undisclosed sum. Calor said LPG's net book value was about £7 million. The sale will
        112 words
      • 107 28 JAPAN'S biggest transport firm Nippon Express Co Ltd said its net profit grew 16.2 per cent from a year earlier to 6.5 billion yen (US$47 million) in the six months to September. The company said its revenue expanded 10.5 per cent to 578 billion
        107 words
    • 1108 28 The spate of recent tanker accidents and oil pollution have reopened the issue about tanker design and safety. The concerns associated with the lifespans of both new and existing hulls and the new US legislation combine to make the life of a tanker owner
      1,108 words
    • 531 28 Nov 5 Carbon Carbon DensityWater Residue Ash Uurw*m Sediment DensityWater Residue Ash Atanraw Stdhwewt MM MM Ehoii Euon KG/M*3% V/V MM 1 MM PPM method KG/M*3% V/V 1 M/M I M/M PPM method ISO/Cimac hits Spec E25 ***** 15 0 0 10 30* 0.10* Spec G35
      531 words
    • 12298 36 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,298 words
    • SHIPS IN PORT
      • 711 43 VtivH Voy No Berth Arrival Departue Vessel Voy No Berth Arrival Departm Keppel Wharves Perita Intan 23/90 PIC 0911/0800 0911/1930 Bayswaterll8 ****** K31 alongside 08 11 1400 Salvia 2 009 P3W 08 11/1900 1011/2300 Oedu 1118A K29 alongside 10.11/0600 Srbolangit 07/90 PIC 0811/1900 0911/0700 Flora 1A K34
        711 words
      • 1076 43 RECEIVING OF EXPORT FCl CONTAINERS AND LCI CARGO Record Bocki*/Balance Rsfts Ship Voy No Etb/Btr Period From To From Aka 8hum 66S 10/2245 3 09/0700 09/1159 09/J400 4 09/1200 09/1459 09/1700 Arttos OTHW 09/1600 1 08/1500 08/1659 08/1900 Arnold Ms 9018 09/1500 1 08/1500 08/1659 08/1900 As Princess
        1,076 words
      • 367 43 Fort Klang Berth at South Port on Nov 8: 1 Rosaliff, Bum Han; 2: Alam Aman; 3: Soon Hin; 4 Hong Leong; 7A Berjasa KCT: 8: Equator Pride; 9 Belle He, Bunga Dahlia; 10: Sea Leopard North Port: 11: Central; 12: Gan Cheng; 13: Kai Heng; 14
        367 words
    • 943 43 THE DRY cargo freight market on Wednesday regained some confidence after Tuesday's bearish mood, featuring a stable time-charter sector and firm US Gulf/West Europe grain fixings, brokers said. Panamax sized vessels on time-charter with redelivery in the Far East commanded rates of between 57.100 and $8,900 daily. Grain
      943 words
    • 368 44  -  From Florence Chong in SYDNEY HUTCHISON Telecoms, a division of Hutchison Whampoa, has entered a joint paging venture with Australian satellite company, Aussat. The Hongkong-based company, which has already invested As4o million in paging systems in Australia, has said that the new system
      368 words
    • 218 44 Reuter JAPAN'S Transport Ministry expects the number of shipbuilding permits it issues to fall soon because of the Middle East crisis and the yen's recent strength against the dollar, despite a rise in October tonnage, a Transport Ministry official said. The
      Reuter  -  218 words
    • 146 44 Reuter SOUTH KOREA has chosen a consortium comprising US firm Bechtel Inc and South Korea's Yooshin Engineering Corp to design a new international airport, a South Korean Transport Ministry spokesman said. The spokesman said the consortium won the bidding for the airport and facilities
      Reuter  -  146 words
    • 138 44 UPI BRITISH-BASED OPT and Germany's Siemens AG said they are close to merging their public telecommunications operations in the United States to form what would become North America's third-largest public network supplier. The joint venture will be named Siemens StrombergCarlson and bring together
      UPI  -  138 words
  • Page 27 Advertisements
    • 220 27 SSWEE HENG MET/U. CO PTE LTD 13 TUA3 AVE 14 SINGAPORE 22H TELEX R3 ***** 3MMCPL TEL: 861 SBSS (SlmM) TELEFAX: Ml 2W6 FiMtangmol MUMHtnH* £3£L ngg yfuwll Irw HUM EtocMcteUtt ■91 UM HB L Tarqo# um:AFO«r Malaysia CofX«rl» lIMILANO, INOONCAIA OMMI LPO rMurrwa y I' v •Ctnimnm Kandtof and
      220 words
    • 28 27 Contaner Schedule 17 Daly FrefMs 17 Index to Adnertserj 3 Shipping Guide 10.11 Ships m Port 17 Singapore Tries 17 Veritas Report 2 Weather and Sea Conditions 17
      28 words

  • Page 28 Advertisements
    • 88 28 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
    • 14 28 FOR WHO,! WHAT, WHERE AND -WHEN I IN THE MARKET Kvery Thursday ADVERTISING MARKETING
      14 words
    • 104 28 NOTICES FAR EASTERN FREIGHT CONFERENCE SABAH. BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR A review of the latest currency values has resulted in a radical upward adjustment of the Currency Adjustment Factor from Singapore/Malaysia. The above Conferences,
      104 words

  • Page 29 Advertisements
    • 1858 29 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt, Singapore 0208 All IF# Tel *****11 TELEX NO RS ***** WHIIIW TERMINAL CFS Tel *****18 220 rCOOOiI BOOKINGS Tel *****34 235 L \fffM M >ESAKA JARDINE SHIPPING AGENCIES SON PORT KELANG TEL: *****18 TELEX MA***** MA***** Wi PENANG TEL *****4 TELEX
      1,858 words
    • 1238 29 MUX TJ^mtjsers Page Col p««e C'ol i a i i m" i Mac-Ncls Agencics 14 1/2 ABC Containerline 13 5 Macoline 18 2/3 Accord Group 8 1-3 Madju Sdn Bhd 16 1/2 AFS '5 1 Maersk Line 3 4/5 Ahrenkiel Liner 16 3 Mainfrcigh 5 4 4 5 #M[SC (4
      1,238 words
    • 2279 29 Vessel Voy ETA I ETD "Port 'Penang DESTINATIONS Singapore Ketang this »e«. Laura M 9010 Feeoer by 29^T^nB^2ZI!Z]BC|I32aH3Bl^E!ZEI^SI^IBII CV IJ/11 0600 MRS Farco ft HHI CFS 12/11 2JM MRS M Tauro OAK LGB HOU MEM ATL MIA CMS BAL PMt NYC MON TOR LAURA M goto 13 11 14/11 ~1
      2,279 words

  • Page 30 Advertisements
    • 1254 30 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE LIVERPOOL BAY 02/533 9MI 5/12 29/11 1/12 27/11 3/12 CITY OF EDINBURGH 92/537 11/11 29/11 1/12 3/12 KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 16/11 5/12 8/12 10/12 CARDIGAN BAY 98-539 22/11 17/12
      1,254 words
    • 594 30 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT ISLA FLOREANA 28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA 4 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP ISLA FLOREANA 28/11 30/12 31/12 4/1 Also accepting Cargo to Calleo (Peru) via Valpa Agents: fsfzjerlA/fflJ SINGAPORE:
      594 words
    • 1504 30 El mrnk&mmm &ssm REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSUVOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA (VIA ALG) ROT) HAM) JAPAN SEA 036W 12/U 03/12 04/12 08/12 10/12 11/12 12/12 13/12 15/12 NORASIA SUN 9037-3 19/11 11/12 12/12 15/12 18/12 19/12 17/12 18/12
      1,504 words

  • Page 31 Advertisements
    • 1799 31 ®jgS tea me rs Maritime Holdings Ltd V PffrA lUVSTRAITS SHIPPING Containers ■*•««"<"«>■ fgH?iCT?H?KffiiroBtii!rwn?ni7Ti7nß Q32IOIB^QjQI^QiQ^3EEiI!BBI Voy No PlM»ng S pore S'ton M'buf| B'havwi R'Oim LHi SAILS LI«RP00l BAY 02,513 »TEX OS, 11 09,11 02/12 27/11 2*ll 2*ll 01/12 CARGO CITY Of EDINBURGH 42.537 TEX 06,11 12/11 29, 11 0112 ©12
      1,799 words
    • 1876 31 TO: EUROPE TO: FAR EAST SP LH RDM HAM B HVN FIX SPORE HK KAO KOB BU CHOYANC VICTORY 001W 12/11 30/11 1/12 112 4/12 5/12 CHOYANC PARK 010E 11/11 14/11 15/11 15/11 21/11 HANJIN LEHAVRE 010* 11/11 6/12 7/12 812 10/12 11/12 HANiIN OAKLAND 010E 19/11 22/11 23/11 26/11
      1,876 words
    • 387 31 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASEAN COSMIC CHAMPION COSMIC TRADER PIONEER TRADER TRADER VOY NO S 9 13 13 S pore In Pt 14/11 15/11 IS/11 P Kelang 10/11 11/11 lt/U 21/11 Hongkong 19/11 Calcutta Yokohama 29/11 2/12 Nagoya JO/11 Osaka 28/11 Senboku 24/11 21/11
      387 words

  • Page 32 Advertisements
    • 546 32 m CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE c TO EUROPE c VSI/VOY S PORE HDAM ADAM H BURG BREMEN ANTWERP SKIWIJAYA/30W6 22-25/11 25/12 1A 4/1 7/1 KUTAI/21WB 15-19/12 17/1 23/1 28/1 30/1 I FAST TRANSIT TIME < ACCEPTING BREAKBULK/CONTAINERISED CARGO Srtfect to hducement A too accepting cargo to CmaMenm, Port
      546 words
    • 808 32 HANJIN SmPTOK I Yy FULL CONTAINER SERVICE CHOYANG VICTORY 001W [S am™ SStT "M? T'tT TSfl* 1 US US HANJIN LE HAVRE 010W 17/11 5,1? 6/12 7,12 9/12 10,12 mu 12} 2 »2tti?M« nu HANJIN FELIXSTOWE 005W 24/11 12/12 13/12 14/12 16/12 17,12 CHOYANC GLORY 001E 26/11 H SEATTLE 01SE
      808 words
    • 1353 32 d I rI""TH=TTfc IPKL SCP HKC KSC KLG PUS HKT OSK SM2 TYO LAX SfC PTI CHS BAL NYC IHV AN* RDM FLX/TMP HBC SGP I i GOLDEN RE-028 9/U IftU 14/11 18/U 17/U 20/11 22/11 24(11 26/11 27/11 *12 2ft 12 22/12 23/12 J/1 4/1 5/1 8/1 1/2 E
      1,353 words

  • Page 33 Advertisements
    • 1500 33 P NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mt AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE—279OI4B TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA ricono eicoft s i K t
      1,500 words
    • 445 33 > KEELUNG Tel: *****55 \> (11/11). FOR BOOKINGS l x\£ I,U) I TEL: *****17 N, COLOMBO 9/11) X V (11/11) U feu JVW Specargo's Own d Operated Warehouse at \1 J\ FTZ Warehouse Tel: *****50 i i SEAWARD SHIPPING AND TRADING CO (SI PTE LTD ETA ETA ETA SPORE PORT
      445 words
    • 1113 33 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESStIS VOTAGi |SPORE |MANILA HKONG VOYAGE SPORE PKLANG HBURG B HAVEN TILBURr ROTT
      1,113 words

  • Page 34 Advertisements
    • 1880 34 I £1 K LINE h \KI KIM K \!SH lil> EXPORT N. AMERICA PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST ~7 /FEEDER VESSEL VOY *INDO *PK PNG SGP MOTHER VESSEL VOY IB OAK CHI NYC TP* MOUS 18 0A '««R VESSEL VOY TKY SGP QUEEN'S WAV BRIOGE ill Ml 1011
      1,880 words
    • 1257 34 55 PHIU ORICNT UN€S PT€ LTD ll !08 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 1 TEL *****22 *****69 *****00 TELEX RS ***** PHILI FAX *****76 *****38 sdm BY AIR, land or sea we take on the world for you &JB MEMBER OF SINGAPORE FREIGI IT FORWARDERS ASSOCIATION 10
      1,257 words

  • Page 35 Advertisements
    • 1704 35 SSgPff PACIFIC INTERNATIONAL LINES (PTE) LTD *****? Jv flhi PIL Building, 140 Cecil Street #03-00, Singapore 0106. |JAKARTA BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN GOwA 6958 13/11 IVII PEGASUS PROGRESS 642N 10/11 13/11 17/11 KOTA PANJANG 11SB 14/11 16/11 SEA GLORY OSN 11/11 14/11
      1,704 words
    • 1309 35 f BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL VOY SPORE P KLANG S HAMPTON HAMBURG BHAVEN R DAM LHAVRE Liverpool Bay 02/533 In Pt 1/12 27/11 Via Ha 26/11 Via SH
      1,309 words
    • 336 35 MYANMA HVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI63W In Port PATHEIN VIO7W 15-18 Nov 11/14 Nov HPA AN VIS7W 16/20 Nov SITTWE V4BW 25 27 Nov (LOADING FOR ROAM HMBG ANTWP) THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER
      336 words



  • Page 38 Advertisements
    • 882 38 INTEGRATED CONTAINER SERVICE J-ROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG SACHSEN WMOOI 14/11 12/12 11(12 13/12 9/12 EUROPEAN SEN WFOSO lb 11 812 i(U 11,12 12/12 14/12 MECKLENBURC WMOO2 26/11 23,12 22/12 24/12 21/12 ASIAN SEN *FOM 29,11 22/12 21 12 20/12 23/12 25/12
      882 words
    • 1042 38 LSiyJAL..," CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 UK/EUROPE 12 NOV 17 NOV LDN, F'STOWE, S'TON, LEEDS, TILBURY, ABERDEEN, LE HARVE, H'BURG, R'DAM, COPENHAGEN, ANTWERP, GOTHENBURG, AND ALL EUROPE INLAND DESTINATIONS P.KELANG: 03 *****35 BANGKOK: 286 0582 PENANG: 04-*****9 HONG KONG: 03 *****8 EXPORT; TAIWAN APAN MALA A TRAIT FEEDER
      1,042 words
    • 330 38 LOADING FOR (ALSO LOADING FOR BUENOS AIRES) VESSEL SPORE CBO DON OA/RES MVtDEO RIO STS VIT PAGUA MOSrwffN 1012 IfcU 27/U 4,1 15/1 1/1 OPT SOD*.' I i DISCHARGING FU BRAZIL ONLY SPORE MM HK K(( OUSAN TO* NGO «OB MOSTWEEN I In Pi 12 11 lft.ll 1711 21/11 All
      330 words
    • 1281 38 t liiif 9 CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TEL 2. MISTRI ROAD. HMC BUILDING RS 26&30COSKIP #15-00. SINGAPORE 0207 FAX. *****66 CR NO **********0 M CABLE: COSTARLINE General Agents: 006 TAR SHIPPING PTE LTD T0 EUROPf FROM EUROPe VESSEL vor SCP TLX ROT HAM ANT DKK VESSEL
      1,281 words

  • Page 39 Advertisements
    • 833 39 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Dtstns 17/11, 24/11 EUROPE all Ports 16/11, 23/11 BANGKOK 14/11, 17/11 HONGKONG/CHINA 12/11, 15/11 SYD, MEL, ADEL, BRIS 15/11, 20/11 FREMANTLE 12/11, 19/11 MANILA 15/11. 22/11 PKLG/PENANG 12/11, 19/11 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
      833 words
    • 248 39 BReLD MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) <T\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL vessel Ivov Teta Iloading for SPORE NETSANET 20WB 15/11 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAAA ABYOT 23W8 6/12 DARESSALAAM MOMBASA
      248 words
    • 824 39 tafc-P T masiapai pelayaran PapuLXU LAUT FULLY CONTAINERISED EGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY ftCED DAY SCHEDULE BETWEEN THE PORTS OFS PORE. INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CAGO TO ALL DESTINATIONS WE SERVE FOR BOOKING CALL SPECARGO FORWARDING AT TEL: 22)255 SINGAPORE lIOONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL
      824 words
    • 599 39 BANGKOK CEBU/MANILA VOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA SIRI BHUM#' WN Sat 10/11 Tut 13/11 SO ORIENT 4SR In Pt 14/11 16/11 CHAIYA BHUM# 09N Sun 11/11 Wed 14/11 THANA BHUM 46S 1(/U 22/11 24/U MAHA BHUM# 34N Won 12/11 Thur 15/11 SO ORIENT 47R 23/11 28/11
      599 words
    • 387 39 TO AUSTRALIA/NEW ZEALAND VSL Smfaport Frmunllt Melbourne Sydney Auckland Dunadin brussel SFH leal all a/Ii Tiu i/il c vcROLMt no »ii »ii s/D m \Hu li/u ANTWERPEN »1 VU S/U siu nju 27>IS wu TNT EXPRESS 2*3 1/1 10(1 li(i 201 »1 27/ I 16 DAYS TO SYDNEY! TO USA/CANADA
      387 words

  • Page 40 Advertisements
    • 1172 40 MAC-NELS SINGAPORE uport TEL *****22 IMPORT TEL *****02 IBhfIUHpENANG TEL (04) *****6 KK TEL: (088) *****0 IyAWAU TEL (089) *****9 I IP KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 l~j\-/\-~ Jj BAHRU TEL (07) *****2 SIBU TEL; (084) *****2 LABUAN TEL (087) *****9 TEL (21)*****32
      1,172 words
    • 488 40 BLIE STAR LINE SMGAPORE TO 11 NEW Z&LAND AND T/S FIJI FULLY CONTAINERISE] MONTHLY SAILINGS DISCHARGING AT NEV p LYM°OTH PORT CHALMERS ACCEPTNG FCL LCL FOR AUCKLAND NAPIER. \ELLINGTON, BLUFF. CHRISTCHURCI, DUNEDIN, LYTTELTON, INVERCAGIL, FIJI AND TAHITI SIN N »Y AUCK LYT MANDAMA 05M 11 No* 23 IV Via NPL
      488 words
    • 942 40 /2TI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 j CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL WOT ETA PEST VESSEL VOT ETA PEST KIM SOON LI 44/90E 12 NOV PENANG
      942 words
    • 322 40 /WNORBULKV I NORBULK CARGO SERVICES LTD. I I REGULAR CONVENTIONAL I I TIMBER AND PLYWOOD SERVICES ISP PK LOADING FOR I FORUM ISLAND NB-119 13/11 16/11 RDM ANT'UK 8 EVPO ACEOS NB-120 25/U 27/11 ROM/ANT/UK I ISWK/SABAH LOADING FOR I LADY II NBT 34 In Port TUTI/MADRAS I NBT-3S 15/11
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  • Page 41 Advertisements
    • 701 41 Vftewv COMPANIA PERUANA nC£JL DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore THOMASEVERETT *30/11 Nov KARABIEVERETT 13/14 Nov ROSEEVERETT 21/23 Nov 24/25 Nov "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN
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    • 618 41 VSL VOY SPORE MAINLINES LAX KST SAV NYC IHFX ZIM TRIESTE 12tt 11/11 ZIM PUSAN 10 12 11/12 22/12 M/ 12 21/12 2IM YOKOHAMA IJE IMI 2IM PUSAN 11/12 20/12 23/12 2»<12 21/12 2IM KAOHSIUNG 12tt 1/U ZIM LIVORNO 1/1 10/1 13/1 I*l 17/1 ZIM KOPER HE 1/12 ZIM CANADA
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    • 618 41 SING KWANG HANG] SHIPPING TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA~~| JENLINK 10/11 13/11 I JENWEL 10/11 I— 13/11 VESSEL S PORE BANGKOK A VESSEL 9/11 12/11 A VESSEL 12/11 I 15/11 DESTINATIONS ETA SINGAPORE PORT KELANG 9 NOV MANILA 10 NOV HONG KONG. ALL CHINA
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    • 490 41 10k PERINTIS LINE J ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOR 961 10/11 13/11 PRASETIA 119 A 14/11 17/11 PELOPOR 962 17/11 20/11 PRASETIA 963 24/11 27/11 TANTO UTAMA 119 10/11 13/11 TANTO UTAMA 121 17/11 20/11 TANTO UTAMA 123 24/11 27/11 TANTO
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    • 323 41 SIN FAB EAST 11/11 KEELUNG/KAOHSIUNG 11/11 BANGKOK 11/11 MANILA/CEBU 10/11 JAKARTA/BELAWAN/SURABAYA 9/11 PORT KELANG/PENANG/E. Malaysia 12/11 BUSAN 12/11 TOKYO/YOKO/KOBE/NGO/OSA 11/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen, Xingang Shanghai SIN EUROPE/UK 10/11 LDN/FLX/LVP/SOU 10/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. UN USA/CANADA 10/11 LOS ANGELES/NEW YORK all
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  • Page 42 Advertisements
    • 659 42 Ai CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BRIAKBULK SERVICE "ANKE" SERVICE SPE POM MISIMA LAE T VILLE VI9SB 23 24(11 M 2 *12 4-S/U IJ U "T SHIP "San loan E« Lae 9/12 BUNKER SURCHARGE EFFECTIVE VIBSB TEU USDS 6 00 B/BULK USD 5.40 LCL USD 3
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    • 696 42 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE GM V22W90 14/11/90 9/12/90 AN V2O-90W 19/11/90 16/12/90 6/12/90 11/12/90 KS V 22 90A 29/11/90 25/12/90 14/12/90 20/12/90 B.M.T. V23-CW9O 1/12/90 21/12/90 23/12/90 27/12/90 Y M V22-90W 15/12/90 9/12/90 30/12/90 4/12/90 AISO ACCEPTING CARGO fOR MIIANO lASPEZIA
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    • 367 42 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH il/fi 15/11 18/11 22/11 HONG KONG U/U 17/11 23/H 25/11 BUSAN 12/Ti 15/U 21/fi 27/U BANGKOK Ti/Ii 17/fi 18/11 24/11 MANILA 12/11 22/U 02/12 12/12 U.S.A 17/11 24/11 1/12 8/12 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 0106
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    • 498 42 €sf= OcerhSeruice Pi I 1 LCL/FCL SERVICE TO/FROM #T\f f I HI IB f 4BP* opaf*t« ow 600 vtrmtnth/oHtom (n U J.A II W 9 mm m 38 000 tneton trudu II CM 4 CBP» itmi mBO 000 points tn U.S.A J Imnlk *n uuwt—. o*rt»r»l Agantt 7ZMAK-7/A/*r Af/) KL:
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    • 263 42 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 21NB 13/11 VIGOUR PACIFIC 22N8 23/11 BANGKOK 11/11 18/11 BUSAN 14/11 23/11 HONGKONG 12/11 14,11 DURBAN 15/11 29/11 KEELUNG 11/11 18/11 PT. LOUIS 11/11 20/11 PT. KELANG 15/11 21/11 KOBE 12/11 19/11 PIRAEUS 12 11 19,11 OSAKA 13/11 20/11 JAKARTA 16/11 19/11 SURABAYA 12/11
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  • Page 43 Miscellaneous
    • 571 43 TIDES AND WEATHER .yiUIiMMWII .iaMr«MM'!'W: TODAY'S TIDES in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 0900 *************************(00 *****800 1900 *****100 2200 2300 JR 09 1.3 18 2.1 2.2 2.2 2.1 18 1.5 1.4 14 16 19 23 2.7 2.9 28 2.6 23 1.8 1.4 1.1 09
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  • Page 44 Advertisements
    • 315 44 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 For Enquiries Call CALVIN HO/DANY LAU fJ[/ HIAP HOE SHPPNG ENPERPRISE V 'IN J TEL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG PT. pelayaran. SAMUDRA AGUNG EWIS
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    • 725 44 /-HYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA ~[T WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK StA HKC SIN HYUNDAI PIONEER 36E 10/11 15/11 3/12 5/12 7/12 6/12 HYUNDAI EXPLORER 34* 9/10 12/10 15/10 2/11 10/11 LALANDIA 36E 17/11 22/11
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    • 572 44 CHARTPOINT Every Saturday in Business Times EXPORT UK/CONTINENT (TRIO) aim Accepting Cirfo Htmfeurt to Cooeoujen AjrOuf Gothenburg Mjimo S POKE S TON H BURC B HAVEN R OAM lEH Htlonki Stockholm LIVERPOOL MY 02 SJ3 1/11 2/U 2111 »11 Rottirtjm to Antwerp Amteniim Otio Htlnnti CITY Of EDINBURGHI2 537 12/11
      572 words