The Business Times, 14 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 Wednesday November 14 1990 75*
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  • NEWS SUMMARY
    • Article
      Li Peng meets US lawmakers
      104 1 PREMIER Li Peng yesterday met the first delegation of US lawmakers to visit China since the military's violent suppression of the pro-democracy movement in June 1989. The five congressmen mixed official meetings with sightseeing during their secrecy-shrouded visit to Beijing. The official Xinhua News Agency
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    • Article
      Cambodia lists needs
      24 1 CAMBODIA needs less whisky and cigarettes and more basic goods for its impoverished people, says Prime Minister Hun Sen Page 7
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    • Article
      Recession prediction
      31 1 A BUSINESS leader has predicted that the Philippines is headed for a severe recession as the government relaxed curbs on petrol sales amid a wave of panic-buying. Page 7
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    • Article
      Subsidy plan rejected
      30 1 THE US and countries of the Cairns Group have turned down proposals to cut farm subsidies made by the European Community as well as Japan Page 8
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    • Article
      Soviet bourse set up
      32 1 THE FIRST Soviet stock exchange since the 1917 revolution has been set up in Moscow and foreign companies and banks have been invited to take part Page 8
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    • Article
      TV in villages
      14 1 SATELLITE television has changed the lives of Indonesian villagers Page 11
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    • Article
      Poor opinion
      20 1 FOREIGN WOMEN working in Japan do not have a very flattering view of their local counterparts Page 17
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    • Article
      Threat to agents
      35 1 RISING OPERATING costs and a weakening US dollar arc threatening the viability of liner agents around the world, a leading figure in the local shipping industry has warned. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      33 1 SHARE PRICES slipped at the opening of Wall Street yesterday, with the Dow Jones index of leading industrials shedding 3.66 points to 2,536.88 points in the first five minutes of trading.
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    • Article
      Footsie higher
      39 1 LONDON share prices were higher at midday yesterday but sentiment was subdued by weakness in the pound. At about 1215 GMT, the Financial Times-Stock Exchange 100-Share Index was up 13.3 points, or 0.6 per cent, at 2,065.2.
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    • Article
      Membership deadline
      29 1 FOREIGN banks and brokers interested in becoming an international member of the SES will have to submit their applications by the end of this month Page 3
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    • Article
      Dao Heng moves
      31 1 HONGKONG'S Dao Heng Holdings is moving its domicile to Bermuda and leaving its non-banking expansion projects in this region to its Singapore subsidiary, First Capital Corporation Page 3
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    • Article
      Approval for M Court
      20 1 MING COURT has finally been given the go-ahead for its proposed hotel extension project Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 555.01 +6.61 Kuala Lumpur ....472.20 +2.75 Hongkong 2,998.97 +49.41 Tokyo 23,973.67 +1,041.87 Sydney 1,348.8 +13.2 Monday Change New York *540.34 +51.73 London. 2,051.9 +11.3
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSl.7100 Yen S$ 1.3276 MS SS0.6333 Money marfcet rates Overnight 3/4 -5V« 3-month 6-9/16% -1/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$383.20 US$1.30 Rubber S'pore Dec l55.25«/kg +0.25 M'sia Dec 24I.OO*/kg +0.5 KL Tin Turnover 22 tonnes -45 Spot M$l6.34/kg +0.02 Crude palm oil Turnover 1,159 lots +109 Nov M$767/tonne +13
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  • Article, Illustration
    Shareholders consider action against EMS
    589 1  -  Issue involved: product rejection disclosure By William Chia SEVERAL minority shareholders of Electro-Magnetic (S) Ltd arc contemplating legal action against the directors of EMS for failing to disclose the seriousness of its product rejection problem during the takeover offer by Asian Investment Holdings in April
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  • Article
    Nikkei index soars by 1,041 points
    296 1 TOKYO STOCKS scored their eighth biggest gain ever yesterday as Japanese investors returned from a long weekend to find that oil prices had dropped and the yen had strengthened. The Tokyo stock market's key 225-share Nikkei average surged 1,041.87 points or 4.54 per cent
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  • Article, Illustration
    Lock icon Diplomatic break possible as Iraq looks at summit plan
    501 1 The Gulf Crisis Agencies PROSPECTS of a diplomatic break in the Gulf crisis appeared brighter yesterday as Iraq dispatched Saddam Hussein's closest aide to discuss Morocco's call for an emergency Arab summit. Meanwhile, China's Foreign Minister told Saddam that Beijing would
    Agencies  -  501 words
  • Article
    Japan's Kyowa and Saitama banks to merge
    332 1  -  By Shoeb Kagda TWO OF Japan's mediumsized banks Kyowa Bank and Saitama Bank have agreed to merge from April next year to form the country's ninth largest bank with total assets amounting to 33 trillion yen (US$25B billion). The proposed link-up is the
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  • Article
    Lock icon Thai central bank unveils moves to raise money supply
    258 1 Reuter THE BANK of Thailand has announced measures to raise the countiy's money supply as part of its efforts to ease a three-month credit crunch. It announced yesterday that it would allow commercial banks to hold smaller amounts of government bonds
    Reuter  -  258 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      205 1 IIIP Aircraft Schedule 27 Money Market 25 World Stock Markets 24 Commodities 26 Regional News 7 Crypt* Crossword 27 Regional Stock Markets 23 Editorial 10 SES 18. 19 For market indices, editorial, Financial News 6 Share Information 20 advertising and circulation ex Futures Options 25 Swnex 25 tensions, call Business
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      Page 1 Advertisements Column 2
      8 1 War looking inevitable, says C>ulf official, Pg 9
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      Page 1 Advertisements Column 3
      153 1 WE ARE NOW OPEN AT: J #01-09 Chinatown Point 133 New Bridge Road Tel: 534 0207/08 i»»t* if- Ky'/fVr BUCHERER How to make a blueprint for success in industry. Talk to the JLW Industrial Team. Call 220-3888 and put the experts in industrial real estate, Industrial Team to work for
      153 words
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Marine industry mission to Indonesia
        99 2 THE Association of Singapore Marine Industries (Asmi) and the Singapore Trade Development Board (TDB) will lead a joint trade mission to Indonesia tomorrow. The six-day mission to Jakarta and Surabaya is part of the TDB's efforts to encourage the Singapore marine industry to be "more
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      • Article
        It's Debenham Tewson Int'l
        64 2 LOCAL estate agent Debenham Tewson, which will set up associated offices in Indonesia, Malaysia and Hongkong, has changed its name to Debenham Tewson International Pte Ltd to reflect the increasingly international nature of its business. The company, including a property management subsidiary, now employs some 55
        64 words
      • Article
        Trade tests in welding
        64 2 THE Construction Industry Development Board has appointed five testing centres to conduct trade tests in welding that will certify skilled workers for the two-tier levy scheme. The scheme, to be implemented next year, will charge a lower levy for skilled foreign construction workers. The five centres
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      • Article
        And Australia makes three
        34 2 INTERNATIONAL ISDN (Integrated Services Digital Network) service between Singapore and Australia is now available. It is the third destination with which Singapore has ISDN services, after Japan and the US.
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      • Article
        Heavy expectations
        75 2 MANUFACTURERS in the machine tool and metal working industry are looking forward to MetalAsia/AutomAsia9o as a means to capture a bigger share of the export market. Two exhibitors, Excel Machine Tools and Dynaform Industries, are predicting an average annual sales growth of 15 to 20 per cent from
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      • Article
        Mission from Korea
        37 2 A NINE-MEMBER trade mission from South Korea will visit Singapore in December to promote a wide range of consumer and industrial products. Among the mission members are Hyundai Electronics and Dae Chang Industrial Co.
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      • Article
        Talking about the finishing
        86 2 THE Construction Industry Development Board is organising a two-day seminar to deal with all aspects of a building's external finishing, such as claddings and paint systems. About $200 million a year is spent on finishing systems for external walls. In some cases, the cost of these
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    • Article
      New standard on public disclosure for joint ventures
      346 2  -  Details of standard to be published this month B* Quak Hiang Whai COMPANIES which take on joint ventures may soon have to conform to an international standard in presenting their interest in such ventures in their financial statements. This follows a meeting
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    • Article
      Long way to go for common Asean accounting standards
      270 2 Need to iron out many differing practices HARMONISATION of accounting standards in the Asean region still has a long way to go, said John Prasetio, managing partner of Arthur Andersen Co, Indonesia. "Consolidation is required in Singapore and Malaysia, while it
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    • Article
      Government exempts 14 foreign publications from NPPA
      242 2 THE GOVERNMENT has exempted 14 foreign publications from the Newspaper and Printing Presses (Amendment) Act (NPPA). They will not have to apply for permits to circulate in Singapore because they do not report regularly on Singapore, and have not interfered in the country's
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    • Article
      LET Pacific seeks more investment opportunities
      285 2 LET Pacific, which yesterday broke the ground for its first project in Singapore Pacific Plaza is seeking opportunities for further investments, particularly in the commercial sector. Managing director Andrew Denman said there are no firm plans as yet but "Singapore has always been and
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    • Article
      Conference to focus on super-computing
      210 2 SUPER-COMPUTING gets a boost next month with the holding of the first Singapore Super-computing Conference on Dec 11. This is in tandem with the recent news that a National Super-computing Resource Centre will be formed next year by the National Computer Board (NCB) and the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      290 2 5C5> r ~?z&i*+. ■afcL "ißi mgM Saab launches the new 9000 CDi 2.3. It's in its elements when it comes to overtaking. Just like you. It's not just a matter of more power. It's more power fully integrated system that has not one, but two, electronic when you need it
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      International members: apply by end of month
      500 3  -  SES likely to announce decision in next quarter By Magdalene Ng FOREIGN banks and brokers interested in becoming an international member of the Stock Exchange of Singapore will have to submit their applications by the end of this month. And they can expect
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    • Article
      Dao Heng to shift its base to Bermuda
      347 3  -  By Lee Han Shih HONGKONG'S Dao Heng Holdings said it is moving its domicile to Bermuda and leaving its non-banking expansion projects in this region to its Singapore subsidiary, First Capital Corporation (FCC). Dao Heng, which is also planning to change its
      347 words
    • Article
      Lock icon Bedford to raise its stake in Mycom
      195 3 Reuter MALAYSIA's Bedford Bhd said it plans to acquire 5.4 million shares in Mycom Bhd about a 5 per cent stake for M 527.3 million from Hong Leong Overseas (Hongkong) Ltd. The proposed deal will raise Bedford's stake in Mycom, which runs a
      Reuter  -  195 words
    • Article
      Pacific Carriers in Indon venture
      181 3 PACIFIC CARRIERS, the Kuok group's listed shipping arm, has formed a new shipping company in Panama with three Indonesian partners. The new company, Pacsaco SA will engage in operating, chartering, leasing and employing and managing of ocean trade vessels. It will emphasise on the Indonesian
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    • Article
      Navy's landing ship gets $4.5 m facelift
      187 3 THE Singapore Navy's oldest landing ship has received a $4.5 million facelift, including a new helideck. Repair work on RSS Endurance, a Landing Ship Tanker (LST), was completed by Scmbawang Maritime in mid-October four months after the contract was awarded. The vessel was
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    • Article
      Sim Kee Boon recovering
      226 3  -  MARKET TALK By Magdalene Ng MR SIM KEE BOON is fine, a Keppel Corporation spokeswoman told BT yesterday as rumours flew through the market about the health of the conglomerate's executive chairman. She dismissed the talk that the 61-year-old Mr Sim was gravely ill and about
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    • Article
      FELS MD explains share sales
      293 3  -  By Lee Han Shih WHILE the health of Keppel chairman Mr Sim Kee Boon was grist for the rumour-monger's mill yesterday, on Monday the calls to the BT newsroom concerned the share transactions of Mr Choo Chiau Beng, managing director of Far East Levingston Shipbuilding
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    • Article, Illustration
      Ming Court gets go-ahead for extension
      298 3 MING COURT, the only listed company in local property magnate Ng Tcng Fong's Far East Organisation stable, has finally been given the go-ahead for its proposed hotel extension project. But the approval, which the company made public yesterday, is only for a 58room extension,
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    • COMPANY BRIEFS
      • Article
        SIA incorporates fund management unit
        55 3 SINGAPORE Airlines yesterday announced that it has incorporated a wholly-owned subsidiary, Auspice Limited, to handle offshore fund management activities. Auspice Limited has an authorised and issued capital of £10,000, divided into 10,000 ordinary shares of £1 each. The directors are Messrs Chew Choon Seng, Teoh
        55 words
      • Article
        Jurong Shipyard delivers tugs
        92 3 JURONG Shipyard has delivered two ice-class tug boats to a Russian customer, V/O Sudoimport. The vessels, which have a capacity of 2,000 BHP each, cost a total of $20 million. Jurong Shipyard, which delivered the tug boats last month, is currently constructing another four vessels for
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      • Article
        New adviser for CPL directors
        97 3 N M Rothschild said yesterday that it has taken over Wardley Ltd's appointment as financial adviser to the independent directors of Centrepoint Properties Ltd with regard to the unconditional takeover offer for all the CPL shares not already owned by Food Investments (SEA) Pte Ltd
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      • Article
        Two Sunshine directors resign
        52 3 SUNSHINE Allied Investments Ltd has announced the resignations of its directors Lee Ming Tee and Xie Ning Yun Sia Leng Yun, which took effect from Nov 9 and 12, respectively. Ms Lee Lye Wah has also ceased to be the alternate director to Mr Xie upon
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      • Article
        S Aerospace's foreign holding
        56 3 SINGAPORE Aerospace said the percentage of issued ordinary share capital in which foreigners have an interest is 13.7 per cent as of Nov 12. The company said it will not register any transfer of shares that will result in an increase of foreign shareholding exceeding the
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      • Article
        Juara Perkasa gets the nod
        107 3 MALAYSIA'S Ministry of International Trade and Industry has approved the proposed restructuring and relisting of Juara Perkasa Corporation Bhd. Commerce International Merchant Bankers Bhd, the advisers to Juara Perkasa, said in a statement in Kuala Lumpur yesterday that the proposal is now subject to the
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  • Page 3 Advertisements
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      156 3 flljfi* a g g:7q,, E»n» 0»«na «mh Us 1697 WoMar Sf aOw»>us vom When I won the Tchaikovsky competition, I was thrilled. Later came the Avery Fisher prize. I was overjoyed. Now I play a Stradivarius on the concert stages of the world. And I've reached the point of Delirium.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Kobe studies feasibility of billion $ plant
        77 4 Kobe studies feasibility of billion plant MAJOR JAPANESE steel maker Kobe Steel Ltd has launched a feasibility study on a billion dollar steel project in Iran at the request of the Iranian government, the Mainichi Shimbun reported on Sunday. The project calls for a giant steel plant with an annual
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      • Article
        S A Brewing leads wine market
        87 4 A FIRESALE by the troubled Adelaide Steamship group has given fellow South Australian company S A Brewing Holdings dominance of the nation's Asl.4 billion wine industry. SA Brewing said on Monday that it had bought market leader Penfolds Wines for A 5375 million dollars
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      • Article
        Sun Hung Kai's new chairman
        55 4 MAJOR Hongkong property developer Sun Hung Kai Properties Ltd has appointed Walter Kwok, oldest son of the company's late founder, as chairman and chief executive. Younger sons Thomas and Raymond were both appointed vice-chairmen and joint managing director, and joint founder and family associate Lee
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      • Article
        San Tai to acquire Paramount
        65 4 TELEPHONE MANUFACTURER San Tai Electrical Co Ltd, which already has 33.7 per cent of Paramount Development Ltd, said it will acquire all the remaining issued share capital in a deal valued at HK5449.5 million. The acquisition would be made through a conditional offer of one
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      • Article
        BHP accepts Newmont's offer
        65 4 THE BROKEN HILL Pty Co Ltd said it has accepted the takeover offer by Newmont Australia Ltd for BHP Gold Mines Ltd. Broken Hill, which owned 54.9 per cent of BHP Gold's issued capital, said the merged group would be Australia's largest pure gold company and
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      • Article
        Euronational shares sold
        36 4 TOWER CORP LTD and Clime Enterprises Ltd have sold their combined 49.3 per cent stake in Euronational Corp Ltd for 30 cents a share to Pennan Investment Ltd, a private New Zealand company.
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      • Article
        Goldstar wins US$ 35m exports
        33 4 SOUTH KOREA'S conglomerate Lucky Goldstar International Corp has signed two contracts to export US$35 million worth of telecommunication cables by the end of 1991 to Morocco and Iran.
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    • Article
      Krakatau Steel starts expansion
      391 4 Project to raise production capacity to cost USs6oom PT KRAKATAU STEEL started the expansion of its steel production capacity over the weekend, with projected costs amounting to about US$6OO million. The Jakarta Post on Monday quoted the Junior Minister of Industry Tungki Ariwibowo, also president of
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    • Article, Illustration
      Lock icon Expanded Chrysler-Mitsubishi ties
      454 4 AFP THREATENED in its thirdplace spot in the US automotive market, Chrysler is about to start talks with the Japanese firm Mitsubishi on extending their cooperation in the United States and in South-east Asia, industry sources in Washington said. The newsletter Automotive News Report said in its
      AFP  -  454 words
    • Article
      HK bourse to beef up listing division
      331 4 THE Hongkong stock exchange is to further strengthen its listing division ahead of the planned transfer of responsibilities from the Securities and Futures Commission. The South China Morning Post reported on Monday that the exchange was about to recruit the fifth assistant director
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      153 4 NO OTHER PRINTER IS CLEARER, QUIETER, QUICKER OR EVEN SMALLER THAN THE CANON BMOe. I h t ytniTKH, o*» K sSSH 1 r I v.» j^HHH^HflHl^^^KM^|| AND THAT'S ABOUT THE SIZE OF IT. For the users of PC's and laptops, The Canon resolution. And does it quickly and quietly; yet
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon British Steel to slash more jobs in cost savings effort
      362 5 Reuter BRITISH Steel pic, Britain's largest manufacturer of steel, plans to significantly reduce its workforce to raise its efficiency in increasingly demanding market conditions. This news came only four days after the company announced plans to close the loss-making Clydesdale
      Reuter  -  362 words
    • Article, Illustration
      Lock icon Thatcher accused of helping Murdoch
      533 5 Labour Party hits out at Conservatives Reuter PRIME MINISTER Margaret Thatcher has been accused of bending rules to give media proprietor Rupert Murdoch control over British satellite television. Opposition Labour Party deputy leader Roy Hattersley told Parliament on Monday that Mr Murdoch's takeover of British
      Reuter  -  533 words
    • Article
      Lock icon Bertelsmann wins deal to distribute MCA records
      259 5 AP MCA INC says that its music unit will shift its US$lOO- overseas distribution business from Time Warner Inc to Germany's Bertelsmann Music Group. The deal is one more example of how entwined the US entertainment business has become with overseas companies. Four
      AP  -  259 words
    • COMPANY BRIEFS
      • Article
        Legislation to cost Chevron US$ 500m
        64 5 CHEVRON CORP chairman Kenneth Derr estimated US Clean Air legislation will cost the company at least US$5OO million by 1995. "It's going to be a big number, at least half a billion dollars," said Mr Derr. The estimate is only a partial accounting of
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      • Article
        Bally to keep unit
        61 5 BALLY MANUFACTURING Corp said it decided to discontinue efforts to sell its Bally's Health Tennis Corp and to discontinue dividend payments on its Series D Convertible Exchangeable Preferred Stock. The company also said it reached an agreement with the Rank Organisation pic to terminate a previously
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      • Article
        Days Inns in loan default
        56 5 DAYS INNS of America Inc, which announced earlier that it was developing a plan to restructure its borrowing, said it was in default on US$325 million in long-term and short-term debt obligations, or 44 per cent of its total debt of US$744 million. None of
        56 words
      • Article
        Wang, ITT form alliance
        57 5 WANG LABORATORIES Inc and ITT Hartford Insurance Group said they have formed a strategic alliance to develop and market an automated property and casualty claims processing system. The companies said the system allows the entire claims handling procedure to be done on a computer system. It
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      • Article
        Motorola, Comdata in deal
        56 5 MOTOROLA INC said its Communications Sector entered into a marketing agreement with Comdata Corp, a subsidiary of Comdata Holdings Corp, as a value-added reseller of the Motorola CoveragepLUS communications system. The system is designed to provide improved operational management for the truckload trucking market through wide
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      • Article
        BOC prefers merger for unit
        68 5 THE BOC GROUP pic would prefer to seek a merger partner for its healthcare businesses, and retain a majority, rather than offer shares to the public, chairman Richard Giordano told a news conference. "Offering shares to the public is not our preferred option. We would
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      • Article
        Changes to French share index
        70 5 SOURCE PERRIER S A and Schneider S A will be included in the CAC-40 index of blue-chip French shares as of Dec 10, the French Stock Exchanges Association said. The stocks will replace Dumez S A, which has not been included in the index since
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  • Page 5 Advertisements
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      136 5 Centrally located in the city is 5,000 square feet of a luxuriously furnished watch retail outlet. Known to be the largest singly watch boutique in Singapore, Thong hiap believes in the quality and consistency of high customer service. No one offers better service than we do because we really care.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Tokyo banks in Europe start looking at profits
        103 6 JAPANESE BANKS in Europe are beginning to focus on profitability after long being criticised for cut-throat lending practices, industry sources said in London on Monday. This follows mounting pressure from Tokyo to trim asset growth and to increase the return on assets
        103 words
      • Article
        Booming derivatives market
        61 6 HIGH INTEREST RATES and rising German government demand for new capital has led to a booming market for novel interest rate derivatives on the traditionally conservative German capital markets. Bankers say that in recent months such instruments as interest rate caps, swaps and floors have been finding
        61 words
      • Article
        Call to repudiate debt
        100 6 JULIUS NYERERE, former Tanzanian President and chairman of the South Commission, has urged heavily indebted developing nations to face up to reality and repudiate their foreign debt. Nigerian newspapers quoted Mr Nyerere as saying in Abuja that developing nations should not allow themselves to be pressurised
        100 words
      • Article
        US insurers losing markets
        81 6 THE US property/casualty insurance industry is suffering from declining profitability, as well as shrinking market share, said Fred Marcon, president of Insurance Services Office Inc, an industry-supported statistical analysis organisation. "Our industry is in the third year of yet another underwriting downturn after an all too
        81 words
      • Article
        Chase merges some operations
        105 6 CHASE MANHATTAN CORP will consolidate its New York retail and middle market operations in the first quarter of 1991 as part of its previously announced cost-cutting drive, a Chase spokesman said in New York on Monday. "There will be no changes in the legal entity, but
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      • Article
        AIG wins insurance licences
        44 6 AMERICAN INTERNATIONAL GROUP Inc said in New York on Monday that it had received insurance licences in both Poland and Hungary and that some of its units would join local Polish and Hungarian partners in forming new joint venture companies.
        44 words
    • Article, Illustration
      Lock icon JSE deregulation expected to attract more foreign interest
      380 6 MBT THE INFANT Jakarta Stock Exchange (JSE) will be deregulated to put its capital market on a better footing and on a more competitive level internationally to attract foreign participation. After recognising the importance of an efficient and mature capital market to
      MBT  -  380 words
    • Article
      Lock icon Goldman Sachs to pay 23pc in bonuses
      283 6 Reuter GOLDMAN SACHS and Co, in sharp contrast to the retrenchment at many other Wall Street firms, said on Monday that it will pay 23 per cent in bonuses this year to more than half of its 6,600 employees. The firm said it
      Reuter  -  283 words
    • Article
      Lock icon Stricter capital rules can be risky
      217 6 Reuter HIGHER capital requirements may be the way to reduce risk to insurance funds for banks and thrifts, but there is a danger of setting some levels too high, a senior regulator said. While defending the need for strong capital, Mr Andrew Hove, vice-chairman
      Reuter  -  217 words
    • Article
      US$ 30m FRN will help to prepay Kia debt
      240 6 SOUTH Korea's Kia Motors Corporation yesterday launched a US$3O million floating rate note (FRN) issue in Singapore, the proceeds of which will be used to prepay partially its external borrowings. KDB International (Singapore), a wholly-owned subsidiary of the Korea Development Bank,
      240 words
    • Article
      Lock icon Del Monte's credit to continue
      342 6 Reuter BANKS which lent US$55O million for Polly Peck International pic purchase of the Del Monte fresh fruit business agreed to continue a vital working capital facility to the Del Monte unit. "The meeting went well," a banker in the 24-strong bank syndicate said. "We
      Reuter  -  342 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      99 6 Renault Alpine A high performance car for the enthusiast, with a turbocharged 2.5 litre engine developing 240 bhp (SAE) and a top speed of 155 mph. The years of experience gained by Renault in the development of Turbo technology have been used to the full in the design of this
      99 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Hungary to look after Bonn interests in Cambodia
      425 7 AFP HUNGARY has agreed to look after German interests in Cambodia and Bonn will have at least two diplomats based in Phnom Penh, informed sources said on Monday. The Hungarian embassy to Phnom Penh has set up a section to protect the
      AFP  -  425 words
    • Article
      Lock icon Cambodia needs more basic goods
      169 7 Reuter CAMBODIA needs less whisky and cigarettes and more basic goods for its impoverished people. Prime Minister Hun Sen said. Mr Hun Sen told a Trade Ministry meeting in the capital Phnom Penh last week that officials should try to increase production of rice, corn,
      Reuter  -  169 words
    • Article
      Lock icon Kaifu offers Manila US$ 227m
      338 7 AFP JAPANESE Prime Minister Toshiki Kaifu pledged US$227 million in additional aid to the Philippines yesterday in a meeting with President Corazon Aquino, a Japanese government spokesman said. Foreign Ministry spokesman Taizo Watanabe said US$2OO million would be in the form of commodity loans for
      AFP  -  338 words
    • Article
      Lock icon Business leader predicts recession in the Philippines
      309 7 AP A BUSINESS LEADER predicted the Philippines was headed for a severe recession as the government relaxed restrictions on gasoline sales amid a wave of panic-buying. "There is going to be a very deep recession and the sooner we cope with that problem
      AP  -  309 words
    • Article
      Lock icon Manila trade deficit suffers 51pc jump
      193 7 AFP THE PHILIPPINES' trade deficit climbed to US$2.B5 billion in September, a SI per cent increase over 12 months, officials said on Monday. The National Statistics Office (NSO) said exports, led by electronics, rose by 4.1 per cent to US$6.O5 billion from January to
      AFP  -  193 words
    • NOTE BOOK
      • Article
        Australia to widen sea boundaries
        56 7 AUSTRALIA'S federal government said yesterday it will extend its territorial sea boundary from three nautical miles to 12 in an effort to better control its marine environment and resources. The decision, which takes effect on Nov 20, was announced jointly by Foreign Affairs Minister Gareth
        56 words
      • Article
        Seoul firms raise productivity
        76 7 SOUTH KOREAN companies raised labour productivity by 18.4 per cent in the first half of 1990, largely by reducing manpower, Daewoo Economic Research Institute said. In a survey of 395 firms, turnover per employee rose to 62.4 million won (US$BB,5lO) in the first six months of
        76 words
      • Article
        No comment on Union Texas
        62 7 TAIWAN'S state-owned Chinese Petroleum Corp (CPC) declined to comment on a report that British Gas pic bid US$3 billion for Union Texas Petroleum Holdings Inc. The report appeared in The Sunday Times newspaper of London. CPC announced in September that it planned to bid for
        62 words
      • Article
        Sichuan industrial output rises
        60 7 INDUSTRIAL OUTPUT in China's central province of Sichuan rose 5.69 per cent by value to 6.18 billion yuan in October from the previous month, the Beijing-owned China News Service (CNS) said. CNS, quoting official statistics from Sichuan province, said industrial output rose 9.67 per cent from
        60 words
      • Article
        Canadian team visits Laos
        93 7 A DELEGATION from Canada's International Development Research Centre (IDRC) has been visiting Laos for talks with officials, an official report said on Monday. The delegation, led by IDRC President Ivan Head, held discussions with officials of Laos' pro-Vietnamese communist government on the use of technology in
        93 words
      • Article
        S Korea-US economic talks
        84 7 SOUTH KOREA will send a 54-member delegation to an annual South-east US-Korea Economic Conference in Charleston, on Nov 17-20, the Korea-US Economic Council said yesterday. The meeting was inaugurated in 1985 with an agreement signed by seven south-east American states and the Korea-US Economic Council. The
        84 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      25 7 WvtMlm ir§fl B3 fcjj| i j gB BJ JB <• *^53Sgs3y i i r— M M n^pa^M|Miß|^^^M^g^p v% JR Shangri-La hotel sincapore A SHANCRILA INTERNATIONAL HOTEL
      25 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon US, Cairns Group reject subsidy cuts by EC, Japan
      409 8 Planned agricultural talks cancelled AFP THE US and countries of the Cairns Group have turned down proposals to cut farm subsidies made by the European Community and Japan, according to Gatt sources in Geneva. As a result of the rejection at
      AFP  -  409 words
    • Article
      Lock icon Tackling double taxes top priority
      174 8 AP THE European Commission's top tax official said on Monday that scrapping crossborder double taxation was the European Community's first priority to prepare the corporate tax regime for the 1992 single market. EC Tax Commissioner Christiane Scrivener also said the Commission's earlier goal of harmonising
      AP  -  174 words
    • Article, Illustration
      Lock icon No Russian pullout from Union: Yeltsin
      550 8 Pledge to settle disputes with Gorbachev AP BORIS YELTSIN, president of the Russian Republic, has assured that Russia will not pull out of the Soviet Union and that he will try to settle his disputes with Soviet President Mikhail Gorbachev. But he said in
      AP  -  550 words
    • Article
      Lock icon New Moscow exchange invites foreign participants
      263 8 Reuter THE FIRST Soviet stock exchange since the 1917 revolution was set up in Moscow on Monday and foreign companies and banks were invited to participate, the official Tass news agency said. The Moscow exchange was approved by parliament as part of President Mikhail
      Reuter  -  263 words
    • Article
      Lock icon India and USSR in US$ 55m deal
      168 8 AFP INDIA has agreed to sell US$55 million worth of electronic goods to the Soviet Union in exchange for the equivalent value of fertiliser, news reports said on Monday. There was no immediate confirmation from the Indian government on the reported deal, which
      AFP  -  168 words
    • Article
      Lock icon Tax report likely to spark Tokyo property price debate
      372 8 NYT A RECENTLY-RELEASED government report recommending increased taxes on land in Japan is likely to start an intense debate over how to lower the nation's prohibitively high property values. Economists in Tokyo said yesterday that the tax advisory commission's principal recommendations
      NYT  -  372 words
    • Article
      Lock icon War looking inevitable, says regional body official
      340 9 AFP THE GENERAL secretary of the Gulf Cooperation Council (GCC) has said that there is no hope for an Arab solution to the Gulf crisis and that war appears inescapable. "Those who want to employ diplomacy to leave Kuwait alone in isolation from
      AFP  -  340 words
    • Article
      Lock icon Allies can capture Baghdad in three months: study
      263 9 AFP ALLIED FORCES could crush the regime of Iraqi President Saddam Hussein and capture Baghdad within three months if war erupted in the Gulf, according to a private defence study published on Monday. The Center for Defense Information (CDI) said in Washington
      AFP  -  263 words
    • Article
      Lock icon Crisis unlikely to prompt oil exploration boom in US
      212 9 Reuter THE GULF CRISIS has forced up the price of oil but has not sent the US industry into the field to search for new sources of supply, say US industry executives. "If you think we're going to turn our exploration
      Reuter  -  212 words
    • Article, Illustration
      British troops hold live firing exercise
      46 9 The Gulf Crisis Soldiers from the British 7th Armoured Brigade taking part in a live Tiring exercise in the Saudi desert over the weekend. They are part of the 230,000-strong multinational force in Saudi Arabia facing Iraqi forces in Kuwait.
      46 words
    • Article
      Lock icon UN leader disappointed with Iraqi stance
      211 9 AFP UNITED NATIONS secre-tary-general Javier Perez de Cuellar has voiced disappointment over the tough stance taken by Iraqi President Saddam Hussein, according to a French source. Mr Perez de Cuellar made the statement in a 30-minute meeting with French Prime Minister Michel Rocard in
      AFP  -  211 words
    • WORLD WATCH
      • Article
        S Korea to give US$ 65m in Gulf aid
        91 9 SOUTH KOREA will give US$65 million worth of aid this year to Jordan, Turkey and Egypt as part of its contributions to international peacekeeping efforts in the Gulf. The Korea Economic Daily said yesterday that Egypt and Turkey will each be
        91 words
      • Article
        Bush, Baker for Bonn
        67 9 US President George Bush plans a short visit to Germany on Sunday and will be accompanied by Secretary of State James Baker. The German government said on Monday that Mr Bush will have talks with Chancellor Helmut Kohl. The Gulf crisis is expected to be the
        67 words
      • Article
        Higher S Lankan deficit
        73 9 HIGHER costs all round have sent Sri Lanka's estimated 1991 budget deficit soaring to 67 billion rupees (US$l.6 billion) from this year's estimated deficit of 42 billion rupees. Finance ministry officials said yesterday that the ministries asked for much larger allocations but we had to cut
        73 words
      • Article
        Rule by degree
        92 9 ROMANIA'S Parliament empowered the government on Monday to rule the economy by decree and speed up reforms aimed at building a free-market system after four decades of communism. Both chambers of Parliament voted by an overwhelming majority to give Prime Minister Petre Roman special powers, which he
        92 words
      • Article
        Fewer staff, higher productivity
        76 9 SOUTH KOREAN companies raised labour productivity by 18.4 per cent in the first half of 1990, largely by reducing manpower, Daewoo Economic Research Institute said yesterday. In a survey of 395 firms, turnover per employee rose to 62.4 million won (US$BB,5lO) in the first six months
        76 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      139 8 m Restaurant ZEN. To us, it also means more... ()ur Set Lunch Menu caters to different group size: 2 4 persons and 8 10 persons and comes with five and eight dishes, respectively. And at ZEN, because we never want to bore you, the exciting menus change weekly. What's more,
      139 words
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      Page 8 Advertisements Column 2
      241 8 IfejkL i safes SSS!StSSSSIf^^SSSBS^j^-£* V c ai ""I The perfect eesort opportunity for an offshore investor. Coffs Harbour is a 40 minute Jet flight north of The championship golf course which, when Sydney. It's also one of Australia's fastest growing completed, will rank amongst the country's finest, was tourist areas,
      241 words
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  • Page 9 Advertisements
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      129 9 OK ICOM-G DIGITAL KEY TELEPHONE SYSTEM COMPACT COMMUNICATIONS WIZARD aKicanh^^^^j DIGITAL KEY TELEPHONE SYSTEM TYPES 308/512/824/16*8 If s a wonder how this wizard can pack Synthesised voice message so many sophisticated features in so Headset and voice recording facility compact a size. Data terminal connection for LAN passwora lock LD,
      129 words
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      Page 9 Advertisements Column 2
      108 9 Lufthansa's Asian Commitment: We fly five times a week to Europe's most convenient gateway. fr.- rjjp— r 1 !> Lufthansa flies Singapore to Frankfurt five times a week. With four 8747-400 flights non-stop. Plus direct service once a week via Bangkok. All fly to our homeport, the gateway to Europe.
      108 words
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  • Article
    What a job to land up
    507 10 EDITORIAL INDIA'S new Prime Minister is a courageous man. In deciding to rule a country in as critical a state as India is, with as thin a factional base in Parliament as he has, and depending on as opportunistic a supporting hand as that
    507 words
  • WHAT THE OTHERS SAY
    • Article
      The European factor
      235 10 WHILE here on a visit last week, French Prime Minister Michel Rocard said Europe would not ignore Asia as Europe moves towards a unified market. The two should come closer as poles of economic dynamism and political stability, he argued. They should, indeed, if Europeans and Asians
      235 words
    • Article
      Regal memories
      133 10 THE presence of world leaders at Emperor Akihito's enthronement reflects Japan's world status, but the occasion is also seen by some in Japan and Asia as a reenactment of the once repressive and expansionists zeal of Tokyo. The war wounds inflicted by Japan on its neighbours will take
      133 words
    • Article
      Not an ethnic issue
      134 10 IT has to be repeated again that the Speak Mandarin Campaign concerns only the Chinese community. As Dr Ow Chin Hock, the Member of Parliament for Leng Kee, pointed out, it relates to the Chinese community's educational and cultural future. It certainly is not an ethnic
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      Trading on false hopes
      182 10 THE ALLURE of Hongkong to mainland Chinese is such that the mere rumour of an amnesty is enough to create an influx of illegal immigrants and prompt hundreds to surrender themselves and their children to the local authorities. The Immigration Department has stated clearly that it
      182 words
    • Article
      Dangers of corruption
      141 10 VOTERS, ARE supposed to keep an eye on what their elected representatives are doing and vote them out of office if they are manifestly dishonest or unresponsive to their constituents' needs. But sadly, most representatives care more about pleasing their canvassers and influential supporters than about the
      141 words
    • Article
      Needed: A great leader
      160 10 GREAT VIOLENCE is ripping at the country which is the world's largest democracy. Intolerance of a kind never seen in the 43 years of the nation's history seems to threaten to tear India to bits. While the potential for violence on religious, regional and caste grounds
      160 words
  • Article, Illustration
    Lock icon A taxing burden of debt
    1026 10 In the past two years many of the Third World's biggest debtors have been busy buying back their own debt. Has it done them any good? The Economist THE travails of the Third World debtors have been a boon, at least, to debt traders and
    The Economist  -  1,026 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      505 10 1 u ~~"<— J 3 Say goodbye to messy lists and lost expense slip> Other features 64 KB memory Calendar, schedule Because the ZQ-5200 has a built-in Time Expense book, home and world clock, telephone directory, memo Manager that lets you keep track of all the things you pad, 10-digit
      505 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      88 10 DOONESBURY BY GARRY TRUDEAU f fyjHfii'- (GENERAL. IF THERE'S tiJEU., LET MB JUST CLEAR TWO, LIBERATE KUWAIT! ANP YO. GENERAL 15, 7 1 A MORALE PROBLEM, UP /OUR CONFUSION, BOY! OUR THREE, RESTORE PEACE ANP VES. WHY PONTT YOU IT'S MOSTLY BECAUSE MILITARY MISSION HAS THREE STABILITY TO THE RECKON
      88 words
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  • ANALYSIS
    • Article, Illustration
      The shattering of isolation
      1096 11  -  How has satellite television changed the lives of Indonesian villagers? Harish Mehta finds out Harish Mehta VILLAGES in Indonesia's scattered islands are cashing in on the economic benefits that television has brought into their lives, raising their awareness of the ways of moneylenders and the dependability
      1,096 words
    • Article, Illustration
      Lock icon Leaving the threat outside
      915 11 Why a pan-European security system is not likely to become reality just yet Reuter THE uncertain future of the Soviet Union is casting a cloud over the new Europe of peace, prosperity and cooperation that a 34-nation summit in Paris would like to launch next week.
      Reuter  -  915 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      220 11 PRIME INDUSTRIAL PROPERTY FOR SALE 100 E PASIR PAN JANG ROAD AAA LOCATION I MINUTES TO THE WORLD'S BUSIEST PORT i Strategically located within Quick Access to the wharf "Singapore Distribelf Slte/Bullding Situated between Getz part 3/part 4 storey industrial Corporation building and building Boustead Marketing With 8 individual StrataiTitles
      220 words
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  • FOCUS
    • Article, Illustration
      Lock icon Property crash imminent?
      2147 12 In America, Europe and Japan property markets are tumbling, or seem about to do so. Could this be the beginning of a wider financial crash? Probably not so far. But keep your fingers crossed about Japan. The Economist Property crash. The phrase springs easily to the lips
      The Economist  -  2,147 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      166 12 The rare perfection of Patek Philippe at The Hour Glass. ■EL.* -J^H be a relaxed and comfortable when you 're considering the rare per- ourselves as connoisseurs. And of Patek Philippe. our customers fellow 2 >r 9 I At The Hour Class, you re V 'T- collectors. (t' Jw treated
      166 words
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      Page 12 Advertisements Column 2
      281 12 Menus to suit any occasion, any size .jZ Whether you bring a party of four, or twelve, the 1 1\ V Hai Xiang restaurant at New Park Hotel always has xV® a menu to suit you. So come in for lunch or dinner today. \\f I W9 i Set Menu
      281 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      190 13 Every Major American Company. Every Small Business. Every One Man Operation. Every Church. Every Airport. Every Hotel. Every Garage. Every Farm. Every Lighthouse. Every Home. J4t« -v 1 H f1 K PBBBi IBIT* SZSZZZZISS I Bp! Every Working Day. From the heart of America's busiest city to its most remote
      190 words
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  • SPORTS
    • SIDE LINES
      • Article
        WBA likely to sanction Holyfield fight
        105 14 THE World Boxing Association is expected to announce today its sanctioning of an Evander Holyfield-George Foreman heavyweight title fight. Promoter Dan Duva announced the WBA news conference on Monday. The WBA, World Boxing Council and International Boxing Federation had all ruled that the winner
        105 words
      • Article
        Olazabal closes in
        69 14 JOSE MARIA OLAZABAL closed in on the world's top two golfers after retaining his Taiyeiho Masters title in Japan over the weekend. The Spaniard is now less than three points behind Australian Greg Norman and England's Nick Faldo in the Sony Ranking. German Bernhard Langer and Japan's
        69 words
      • Article
        Wright's back in form
        105 14 FAST-MOVING Ken Wright was back in scoring mode to help send Australia through to the semi-finals of the 1990 World Rugby Classic in Bermuda on Monday. Against a bigger and slower French squad, Wright looked untouchable. His try, when it came early in the first half,
        105 words
      • Article
        Arsenal, United penalised
        83 14 ARSENAL and Manchester United on Monday became the first English soccer clubs to have league points deducted for on-field violence. The English Football Association decided at a disciplinary hearing to take two points from Arsenal and one from Manchester United after seeing video evidence of a 21-player
        83 words
      • Article
        Ma Wenge through
        98 14 DEFENDING champion Ma Wenge of China ended the preliminary first stage without a loss to move into the quarterfinals of the U5575,000 World Cup men's table tennis tournament in Japan on Monday. His compatriot Chen Longcan and Mikael Appelgren of Sweden also coasted to three consecutive wins
        98 words
      • Article
        Alexander keeps record
        64 14 GREG ALEXANDER, the only player to be selected for all of Australia's matches on their European tour, will maintain his record in today's clash with British League leaders Hull. The Penrith utility player, who has been substitute in six games, makes his fifth appearance at full-back in
        64 words
    • Article
      Lock icon Veteran clinches ninth stage of Tour of Mexico
      296 14 AP MEXICAN veteran Hilarion Sanchez won the ninth stage of the Tour of Mexico on Monday while Soviet Dimitri Nelubine retained the overall race lead. Sanchez, who at 38 is the oldest of the 170 competitors in the event, escaped from the
      AP  -  296 words
    • Article, Illustration
      Lock icon Good team, good prospects
      862 14  -  Paul Ramani previews the Johnnie Walker Classic Paul Ramani BIG-HITTING Samson Gimson is looking forward to lining up alongside some of the world's top players in the inaugural U*****,000 Johnnie Walker Classic at the Royal Hongkong Golf Club from Dec 12-15. The burly 20-year-old Singaporean has
      Photos by Jerry Seh  -  862 words
    • Article, Illustration
      Lock icon Sanchez-Vicario dominates play to defeat Zvereva
      444 14 AP ARANTXA Sanchez-Vicario, displaying the form that took her to the French Open title in 1989, crushed a mistakeprone Natalia Zvereva 6-2, 7-5 on Monday night in the opening match of the Virginia Slims Championships in New York. Using her quickness and hustle, the
      AP  -  444 words
    • Article
      Lock icon Edberg feels he deserves top ranking
      312 14 AP WITH Boris Becker breathing down his neck, Stefan Edberg admits that he is under some pressure. "I try not to think about it," said the soft-spoken Swede, the top-ranked tennis player in the world this week. "If you worry about other people's game
      AP  -  312 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      79 14 This announcement appears as a matter of record only. "V Lici KIA MOTORS CORPORATION U5530,000,000 Negotiable Floating Rate Notes due November 1993/95 Arrangers and Lead Managers KDB International (Singapore) Limited Bayerische Landesbank Girozentrale, Singapore Branch Co-Lead Manager Goldman Sachs International Limited Managers Daewoo Securities Co., Ltd. Paribas Capital Markets Group
      79 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      232 15 ■'*>'. iit!:--s|y j v ti IS*• Isfl j wJxWi$&?~S~F •*><■s■'■-&sw3£?*w ••.•>'"••' HHHHH pBHHHEHBRHiiHHIHH raPr 3 ***"?Y- i'<i| iif Tji^ l T r^^fißrfflß lMirTHFmi 1 1,1 I 'kill in 111 111 111 WHBgMKBaaMBMI^ -^fll -**.< 44- M ■BBHWttfiMrtl *vj .f you think the first time is always the best, n l•
      232 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      255 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. Spit v Szetliuan dishes served at lunth and dinner dailv in tlie < (m>l. inviting atmosphereol S/echuan Court. Resei \at ion, iUI) 8310 or 338 8385 ext l(i 15 3
      255 words
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      Page 16 Advertisements Column 2
      323 16 nuime&jy Proudly Presents S U November 10 -17,1990 JOACHIM SPLICHAL, the exponent of Californian cuisine, is in Singapore to lead, personally, a team of chefs at Nutmegs in an eight-day crusade to bring the wonders of California cookery to the patrons of Hyatt's premier restaurant. AT NUTMEGS FOR DINERS CLUB
      323 words
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      Page 16 Advertisements Column 3
      349 16 It's Oldies but Goodies with the Velvets. v A talented Head for will keep you Club 5 and spellbound with j° urne y k** lo their repertoire of B°°d °l e days! oldies every weekday, m e. 6 to 8.30pm. '11 dub^ Happy Hours are still on I p from
      349 words
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      Page 16 Advertisements Column 4
      431 16 To? s V Oui! The best of French cuisine in one sitting. Pates, Cv ternnes, escargots, canard a l'Orange, souffles and J over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90
      431 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      745 16 TELEVISION AMP RADIO Vniinrr inrl rpctlpcc "TIT J- u uiiti diiu ICa iicaa 7.25 P M t k x~o«.- ,m sssjsrsr* Elec,ed is ■*«9. 9 ta (Ep S). Daphne is worned 102 0 'Singapore Airlines Great 7.10 am, 9.25 am, 1.30pm, mmrnmrmrmmm that she may fail her dnv,ng Classics Rebel
      745 words
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  • LIFESTYLE
    • Article, Illustration
      City bumpkins go to the farm
      629 17  -  Claire Leow is moon-struck by the English as it is spoke on Theatreworks' play The Moon is Less Bright. But she enjoyed it thoroughly Claire Leow I HAD NEVER craved for a more generous dose of dialect and Mandarin than when I sat through
      629 words
    • Article, Illustration
      Lock icon Japanese women workers are 'childish and passive': survey
      667 17 How do foreign women working in Japan view their counterparts? The answer is not very flattering Asahi News Service JAPANESE working women are polite but their attitude is "childish and passive", say foreign women working in Japan, according to a recent survey
      Asahi News Service  -  667 words
    • Article, Illustration
      Lock icon Old muppets never die, they also don't fade away
      478 17 CHATTERBOX Agencies KERMIT THE FROG, the fuzzy green alter ego of the late muppeteer Jim Henson, will live on with someone new supplying his voice. Kermit will be among the characters appearing in The Muppets Celebrate Jim Henson to be broadcast
      Agencies  -  478 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      244 17 AND ENTEBTAIN 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. 14 ANA HOTEL 16 NASSIM HILL, SINGAPORE 1025. TEL: 7)2 1222. SINCAPORE MUSIC LOUNGE I HAPPY HOURS WL Bpm
      244 words
    • Advertisement
      Page 17 Advertisements Column 2
      152 17 m rf. 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 and 1 K\/llm/i Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Fine Russian/ Continental Cuisine Set Lunch/Dinner/ A la carte served
      152 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      STII puts on 13.8 points to close at day's high
      4369 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market, spurred by strong overseas markets and lower oil prices, yesterday continued its second day of advance this week. The Straits Times Industrials Index of 30 Singapore blue chips rose
      4,369 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3985 19 Main Board DBS Foreign 940 +40 +4.4% OCBC Foreign 730 +30 +4.3% F&N 685 +25 +3.8% Inchcape 382 +22 +6.1% SPH Foreign 980 20 2.1% FELS 50" 500 +16 3.3% Keppel Corpn 496 +16 +3.3% OUB 426 +16 +3.9% UOB Foreign 535 +15 +2.9% UOB
    3,985 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      209 20 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per share dividend (*000) (cents) M Glass Nov 9 Jul 90 M$7 434($9.030) 299(36 3) 16TE(16TE) GK Goh Nov 5 iun 90 $8.167(-) 4l(-) 5(-) FA1 Ins Nov 1 Iun 90 AJ18.237($60,043) 8 0(27 1) 90(90)
      209 words
    • Article
      PRELIMINARY RESULTS
      128 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) SPH Nov 9 Aug 90 $194,085(1135.420) 54.8(38.8) 35h(25) lingui Nov 8 iun 90 M$3.586L( $15.8091) EMS Nov 6 Jul 90 J20.609L($6,236) —(9 3a) 3TE(2 3TEa) New World Dev Nov 6 Jun
      128 words
    • Article
      CORPORATE DEVELOPMENTS
      337 20 Nov 12 Keppel Corporations 50% owned associate company. Keppel Mitsui Engineering, is loimng hands with Japan's Mitsui conglomerate to produce prefabricated steel structures in Cebu. Pacific Can Investment Holdings and Umphoemx Corporation Bhd have set up a 50-50 joint venture holding company, Umphoemx Pacific Holdings Sdn Bhd. to
      337 words
    • Article
      DIVIDENDS ANNOUNCED
      757 20 Current Ex Books Date Total for Total for payment date dose payable the year last year tana 5%TE(I) Oct 19 Oct 31 Nov 15 5%TE USB 101(b) ton 4 Jan 18 Ian 28 10% 12% Mil 6%(b) No* 22 Dec 6 Dec 28 6% 6% A vino 7.5%TE(I)
      757 words
    • Article
      INTERIM RESULTS
      353 20 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend (000) Summa In* Nov 12 Sep 90 J344L (J4.053L) HK Tel Nov 9 Sep 90 HK52,590d (52,323d) 30.4(26) Chem Ind Nov 8 Sep 90 $4,460(54.086) Murata Nov 7 Sep 90 6.236f(11.473f) 15(15) George Kent Oct 31 Jul
      353 words
    • Article
      RESULTS DUE
      659 20 Singapore Stocks Last Full Year Compaq Period Date Year Net EPS Gross Net amouiced tnfrig (cents) A* profit last year (I'OOO) Leng Huat Interim Mar 30 Dec 89 5351(h) Spore Land Final Nov 3 Aug 90 64(a) 7.5(a) 15.842 HIP Mdgs Interim Nov 8 Mar 91 2.6 2.334
      659 words
    • Article
      APPROVED ISSUES
      424 20 Company Rights issue CSM Five-tor tour (a MJ4 00 per share Ei<late Nov 23 Books dose: Dec 7 Acceptance Payment NYA Emtei One for one Mil 00 per share Ei-date Nov 5 Books close: Nov 19 Acceptance t Payment NYA M Ba*ai| One-tor two MS5 00 per share
      424 words
    • Article
      PROPOSED ISSUES
      482 20 Company Rights Issue Mean OnHw two <ji MJ1 00 per share Issue of 40m Cumulative Redeemable Preference Shares of M$0 10 each at MJl per share with 10m detachable TSR Bolt or Onefor tour (p. M$2 00 per share Causeway ton Three tor tour $060 per share F
      482 words
    • Article
      BONDS, LOANS & WARRANTS
      769 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term (or om ordinary Uare CtC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway loan Causeway Wt 2/10/89 to 20/10/94 1 warrant ptus J1 cash or 1 warrant phis $1 nominal amount of loan stock Chuan Hi*) Notes Chun tty III
      769 words
    • Article
      COMPANY MEETINGS
      148 20 RMCA Reinsurance Ltd: 9th AGM at the Board Room. Bth Storey. ICS Building, 137 Cecil Street. Singapore 0106 on Friday. Nov 16, at 12 noon. Wing Tat Hoidngs Ltd: EGM at Seminar Room 11. Level 6. Carlton Hotel. 76 Bras Basah Road. Singapore 0718 on Friday. Nov 16.
      148 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      382 20 i hivm H\l4 IPKrHHH fl£cr -^^*P*JM ■MMte. fIBaBVL GET THE GLOBAL NEWS THAT TOUCHES EVERY PART OF YOUR LIFE. Wherever life takes you your daily newspaper And when you're bound for travel, our travel section could only be the International Herald Tribune (IHT). will help you select new destinations Our
      382 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong overseas markets trigger bargain-hunting
      3819 21 Bernama SHARE PRICES on the Kuala Lumpur stock market closed broadly higher yesterday on bargain-hunting activity triggered by the strong performances on major overseas bourses. However, selected counters edged down marginally from the day's highs on late profit-taking. The KLSE Composite Index ended at 472.20,
      Bernama  -  3,819 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      319 21 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. M AND IN THE MATTES OF B.T.P.M. PAR EAST PRIVATE LIMITED (la Members' Voluntary Liquidation) Special Resolutions At an extraordinary General Meeting of the members of E.T.P.M. FAR EAST PRIVATE LIMITED duly convened and held at 111 North Bridge Road #12-01
      319 words
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      Page 21 Advertisements Column 2
      326 21 In the Matter of The Companies Act, C*pJ( and In the Matter of OMEX PIONEER CO PTE LTD Notice of Special Resolutions far Members' Voluntary Wlodlag-L'p (Pursuant ta Section 2M) At an Extraordinary General Meeting of the members of Omex Pioneer Co Pte Ltd duly convened and held on sth
      326 words
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      Page 21 Advertisements Column 3
      317 21 Mcllwraith McEacharn Operations Limited 5538,000,000 Guaranteed Floating Rate Notes Due 1992 In accordancc with the provision of the Notes, notice is hereby given that for the three month period from 14 November 1990 to 14 February 1991, the Notes will carry a rate of interest of 8.225 per cent, per
      317 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks soar, partly on news of bank merger
      2281 22 Reuter TOKYO STOCKS closed sharply higher yesterday on positive external factors and stock index futures arbitrage-related buying of the cash indices. News of a merger between Saitama Bank Ltd and Kyowa Bank Ltd that hit the market in late afternoon fuelled further
      Reuter  -  2,281 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Market finishes sharply higher on overseas gains
      2335 22 Reuter HONGKONG STOCKS ended sharply higher yesterday on solid buying from local and overseas investors prompted by gains on Wall Street on Monday and in Tokyo yesterday. The blue chip Hang Seng index ended on its highs, just below the 3,000 barrier at
      Reuter  -  2,335 words
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  • REGIONAL STOCK MARKETS
    • All Ordinaries hits two-week high
      • Article
        AUSTRALIA
        899 23 AUSTRALIAN SHARES closed firmer yesterday on strong leads from overseas markets, but came off their highs when rumours sent News Corp stock sharply lower. Brokers said unsubstantiated speculation over possible talks between News Corp and its bankers dominated afternoon trade, pushing the stock down to A 55.92 from a
        899 words
      • Article
        NEW ZEALAND
        352 23 THE NEW ZEALAND share market ended higher yesterday but brokers were disappointed prices did not react more favourably to Wall Street's positive showing overnight. The Barclays Index estimate firmed 13.41 points to 1,291.07 with rises outnumbering falls 12-10. "People aren't willing to buy it up on the so-called
        352 words
      • Article
        BANGKOK
        695 23 SHARE PRICES edged down on the Thai stock market for the second consecutive day yesterday in response to uncertainty in domestic politics and in the Gulf. The Securities Exchange of Thailand index dropped 2.46 points to close at 659.37. "Investors were worried that the parliament might be dissolved," said
        695 words
      • Article
        TAIPEI
        371 23 TAIWANESE STOCKS closed higher yesterday as investors moved in after gains on the Tokyo and New York mar- kets. The weighted index surged 236.23 points, or 6.74 per cent, to finish at 3,739.05 compared with last Saturday's 3,502.82 close. Turnover was NTS4O.7 billion against NT534.6 billion. Monday was a
        371 words
      • Article
        SEOUL
        763 23 SOUTH KOREAN STOCKS picked up speed again in active trade yesterday as investors re-entered the market on a feeling that the domestic political situa- tion could be stabilising and a Gulf war in the near future was unlikely. The composite stock index closed at 710.06, up 8.53 from the
        763 words
      • Article
        MANILA
        464 23 SELECTED Philippine shares rebounded yesterday on good third-quarter financial results and on speculation the Philippine National Bank was about to announce a hefty dividend. The Manila Stock Exchange composite index closed 15.59 points higher at 610.11. Trading shifted from centavopriced oil issues to commercials and industrial, boosting the bourses'
        464 words
      • Article
        JAKARTA
        542 23 STRONG SELLING INTEREST sent most prices on the Jakarta stock exchange down yesterday, with the composite index easing 2.55 points to 406.42. Turnover rose to 2.21 million shares from Monday's 1.73 million. Indorayon and Sucaco, which dominated the big board in lots of over 10,000 shares, closed unchanged at
        542 words
      • Article
        Untitled
        450 23 Close Previous No* 13 SYDNEY All Ordinaries Index 1,348.8 1,335.6 +13.2 All Industrials Index 2,013.9 1,995.9 +18.0 All Resources Index 831.4 822.1 +9.3 Turnover (million) 92.58 55.91 +36.67 BANGKOK SET Index 659.37 661.83 -2.46 Turnover (million) 27.09 28.11 -1.02 JAKARTA Composite ImJcx 406.42 408 97 -2.55 Turnover (nearest'000) 2,210 1,730
        450 words
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  • WORLD STOCK MARKETS
    • New York chalks up another 50 points
      • Article, Illustration
        NEW YORK
        995 24 AMERICAN STOCKS soared for a second straight session on Monday as oil prices fell and hopes mounted that the Federal Reserve would soon cut interest rates. The Dow Jones Industrial Average ended up 51.73 points at 2,540.34, according to early, unofficial figures. The advance was broadly based, with
        995 words
      • Article, Illustration
        LONDON
        1186 24 SHARES IN LONDON were firmer midday yesterday following Wall Street's sharply higher overnight close, but were off early highs. "New York's gone up 100 points in the last two days on the hope of US interest rate cuts in the next few days so the market's set for a
        1,186 words
      • Article
        JOHANNESBURG
        91 24 SHARE PRICES in Johannesburg showed hardly any change yesterday morning in continued listless trading amid a lack of any incentives. At 10:15, the JSE all-gold index stood at 1,353 versus Monday's 1,355 close, the industrial index at 2,711 against 2,710 and the all-share index at 2,607 versus 2,609. Among
        91 words
      • Article
        ZURICH
        75 24 SWISS SHARES opened almost 1.50 per cent higher yesterday but volume remained low and dealers said it remained to be seen whether profit-taking would erode early gains. Wall Street's strong advance the previous night supported sentiment but the Gulf crisis would limit price rises, dealers said. The SMI index
        75 words
      • Article
        PARIS
        184 24 FRENCH SHARE PRICES yesterday began in buoyant mood with the CAC--40 index of leading shares showing an opening gain of over one per cent after a rise of 1.56 per cent on Monday, but volume remained thin, dealers said. The index started at 1,616.68, up 19.34 points from Monday
        184 words
      • Article
        BRUSSELS
        129 24 BELGIAN SHARES made modest gains at yesterday's opening but investors were reluctant to take large positions because of continuing uncertainty about the Gulf crisis, oil prices and interest rates. Volume totalled 192 million francs in the first 45 minutes of trading. It was 60 million at the start. Brussels
        129 words
      • Article
        FRANKFURT
        199 24 GERMAN SHARES showed strong early gains in moderate trade yesterday, but dealers said the promise of the prebourse had not been fulfilled in the official session. Sentiment was positive, buoyed by gains in New York and Tokyo, and by a promise from the German government that there would be
        199 words
      • Article
        AMSTERDAM
        251 24 DUTCH SHARES firmed in early trade yesterday, helped by a higher Wall Street close on Monday, but dealers said investors remained sidelined as the upward momentum could prove to be short-lived. By 1000 GMT, the CBS tendency index was up 0.7 point at 95.4. Among blue chips, chemical companies
        251 words
      • Article
        TORONTO
        238 24 SLIDING OIL PRICES and expectations that the US is finally going to see a cut in interest rates this week sent Toronto stocks soaring on Monday. "At least the interest-sensitivity is breathing a little bit of life back into the market," said analyst Ben Joyce. The composite index soared
        238 words
      • Article
        Untitled
        202 24 Nov 12 Clos« Previous NEW YORK Dow Jones 2.540.34 2.488.61+51.73 NYSE Financial 115.84 111.91 +3.93 SAP 500 319 48 313.74 5.74 Turnover (million) 162.3 145.2 +17.1 LONDON Financial Times 30 1.589.7 1.582.61 +7.1 FTSE 100 2,051.9 2.040.62 +11.3 Turnover (million) 478.3 368.7 +109.6 AMSTERDAM CBS Tendency Index 94.5 93.6 +0.9
        202 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback's outlook still bearish as market awaits further rate cut
      1240 25 FOREX MARKET REPORTS THE US DOLLAR firmed slightly in Europe yesterday morning, but dealers said the outlook remained bearish as the market awaited a further US interest rate cut. Dealers expected the US Federal Reserve's Open Market Committee to ease
      1,240 words
    • Article
      INTERBANK FOREX RATES
      370 25 Cross rates Nov 13 USS SS MS Dm Yen SFr AS NZS USS 1.7085 2.7000 1.4775 128.60 0.5084 1.2475 1.2845 1.6353 SS 0.5853 1.5803 0.8648 0.7527 0.2976 0.7302 ***** 0.9572 MS 0.3704 63.28 0.5472 0.4763 0.1883 0.4620 0.4757 0.6057 Dm 0.6768 1.1563 1.8274 87 04 0.3441 0.8443
      370 words
    • Article
      MONEY MARKET
      552 25 Interbank rates s$ Bid Offer Overnight 3/4 1 1-month 6 9/16 6 11/16 2-month 6 9/16 6 11/16 3-month 6 9/16 6 11/16 Overnight mode: 6-3/8 LSS Bid Offer 7 days 7 7/8 8 1 month 7 13/16 7 15/16 2 months 8 1/16 8 3/16 3 months
      552 words
    • Article
      Lock icon Overnight federal funds rate may be cut again
      665 25 NYT CREDIT market analysts say they expect the Federal Reserve's Open Market Committee to approve another reduction in a key short-term interest rate when the policymaking group meets in Washington on Tuesday. Deep-seated concern about inflationary pressures is likely to prompt at
      NYT  -  665 words
    • Article
      FINANCIAL FUTURES
      1199 25 SIMEX EUROPOIUR Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.11 92.12 92.10 9271 2351 ***** 685 Mar 91 92.46 92.48 92.44 92.46 5913 9770 1094 Jun 91 92.48 92.49 92.46 92.48 1535 4802 423 Sep 91 92.36 92.37 92.34 92.36 332 1062 72 Dec 91
      1,199 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Possible oil glut next summer, say experts
      443 26 UPI INCREASED oil output by Saudi Arabia and the United Arab Emirates and decreased world demand have offset the effects of the Persian Gulf crisis, and an oil glut could materialise next summer if a war is averted, oil industry experts told the
      UPI  -  443 words
    • Article
      Lock icon Indon rice output to rise slightly
      170 26 AFP INDONESIA'S rice production in 1990 will rise by only 0.54 per cent compared with 1989 because of shrinking plantation areas, Agriculture Minister Wardoyo said. Production of dried unhusked rice was projected to reach 44.96 million tonnes for 1990, Sunday's Bisnis Indonesia quoted Mr
      AFP  -  170 words
    • Article
      Late buying interest sends gold higher in HK
      880 26 REPORTS GOLD closed higher in Hongkong on short-covering after Europe's opening despite earlier selling yesterday, but dealers said trade was featureless on a lack of incentives. "A slight rebound in crude oil prices sparked the late buying interest," a local dealer said.
      880 words
  • Article
    PRICES
    1436 26 iRubber Nov 13 MMtttaMw) S cents/kg I Noon Close Int I RSS Prompt I56.00/I57.00N 155 25/156 25N Int I RSS Dcc 90 156 00/157.00 155 25/156 25N Int I RSS Jan 91 I54.7VI55.25 154.25/154.75N Int 2 RSS OP 150.50/152.50N *****/I52 00N Int 3 RSS OP 145.50/147.50N 145 00/147 OON
    1,436 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      840 26 NOTICE NOTICE IS HEREBY GIVEN that, I, Teo Choon Eng of No. 17 Lorong Sarina, Singapore 1441, have applied for a Public House, First Gass licence in respect of premises at M/sOur Karaoke Recreation at Blk 8, #01-06 Selegie House, Selegie Road Singapore 0718, and that this application will be
      840 words
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      Page 26 Advertisements Column 2
      7 26 Executive Jobs every Saturday in Business Times
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      932 27 City Flight ETA Flight ETD AbuDhabi_ GA895 1225 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A71 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Balikpapan GA524 1150 Bandar Sort SQ182 0915 Blg—an SQ181 1410 Bangkok QF72
      932 words
    • Article, Illustration
      Lock icon More foreigners biting into Big Apple
      634 27  -  LETTER FROM NEW YORK By Andrew L Yarrow Guests at the Ritz-Carlton, one of New York City's more traditional hotels, can have bacon and eggs for breakfast in the Jockey Club restaurant for U5514.50. Or they can have miso soup, grilled fish and rice
      Picture from dpa  -  634 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3250 1.3450 Canadian dollar 1.4540 1.4740 NZ dollar 1.0320 1.0620 Sterling pound 3.3430 3.3630 US dollar 1.7080 1.7180 I>ocal dollars to 100 units of foreign currency Austrian schilling 16.15 17.15
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      105 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Nov 12-15 Fire East 90 Hongkong FMJ International *****8611 Processing Publications Nov 19-25 International Peru Feria Intemacional ********** Ltd Fair for Del Pactfico Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 Agriculture Rubber Fair Association Livestock, Nov
      105 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      324 27 HONG KONG JAKARTA (INDONESIA) LONDON (ENGLAND) CHINA HARBOUR VIEW $143 SARI PACIFIC $180 MOUNT ROYAL $270 GRAND TOWER $230 BOROBUDUR INTERNATIONAL $260 KENSINGTON PARK $325 HOLIDAY INN GOLDEN MILE $300 MANDARIN ORIENTAL $205 PLAZA ON HYDE PARK $229 NEW WORLD HARBOUR VIEW $200 HOTEL INDONESIA $140 JULIUS CAESAR $170 MANDARIN
      324 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      342 27 ACROSS IE2IQ u 3 1 The firm rule about the French salad (4-4) ■H~ HH W 5 An insect to over (6) 9 See about settling rates in 3 I I I I I I a certain quarter (8) 10 An oarsman must be fit (6) 11 12 A bar
      342 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      220 27 Singapore Outlook: Showers with gusty winds over many areas from around 2am, clearing in the early morning. Forecast: Maximum temperature 30.3* C Assoc humidity 64% Minimum temperature 24.2* C Assoc humidity 95% Hours of sunshine 1.75 Rainfall in mm 1.7 Rainfall this month 76.1 Rainy days this month 6 World
      220 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      42 27 J P-H PcPl V IS QM trmou&nr IJO L.-HfiT I i U>OND€R vjHctweß) UnPupfnc no y> OF AN f\nsuseß vou CPM Ron eve y 1/ Vis th-ct? iveß ivt is |r i "—cs^ v l 0 EVENING STANDARD CO. LTO„ IM3-tfM :_>-o~'
      42 words
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  • Article
    Crosby rates S'pore economy as most resilient in region
    534 28  -  Quarterly economic review of Crosby Securities By Anna Teo SINGAPORE and Hongkong will be hardest hit among the regional economies by a major economic downturn, but being well girded, they are likely to outperform the more insulated economies in the medium
    534 words
  • Article
    Lock icon Taiwan to offer yen trading as part of financial hub plans
    335 28 Reuter TAIWAN will add yen trading to its currency interbank market next week as part of government efforts to make the island a regional financial centre. Taiwan would be adding yen trading to US dollar and mark trading from
    Reuter  -  335 words
  • Article, Illustration
    Lock icon They came for Akihito's crowning, they talked money
    306 28 Reuter MOST foreign dignitaries who visited Tokyo for Emperor Akihito's enthronement asked the Japanese government for cash, loans, trade or investment, foreign ministry officials said yesterday. A total of 158 countries sent kings, presidents, princes or high officials to attend Monday's solemn
    Reuter  -  306 words
  • Article, Illustration
    S'pore, US sign pact on military facilities
    444 28  -  By Hong Lee Tiam AFTER TWO YEARS of negotiations, Singapore and the US have reached agreement on the increased use of the Republic's military facilities by the US. Prime Minister Lee Kuan Yew and US Vice-President Dan Quayle signed the agreement in Tokyo
    444 words
  • Article
    Too early to tell whether US Navy will bring big jobs
    328 28  -  By Selva Kumar WHILE MAJOR shiprepair yards welcome more US Navy ships coming to Singapore for repairs and maintenance, they are not sure whether this will mean big jobs coming their way. "We still do not know whether the
    328 words
  • Article
    Japan will have role in settling disputes in future: Lee
    333 28 PRIME MINISTER Lee Kuan Yew yesterday told Japanese Prime Minister Toshiki Kaifu that in the future, Japan would have to play a role, including sending personnel abroad, to help settle global disputes. A Japanese official quoted Mr Lee as saying
    333 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      65 28 _iIL Baume Mercier GENEVE 1830 LADIES' FASHION BUSINESS I Retail Export of Ladies' Garments I Well established and growing. I Excellent profit record. I Own design and brand name. I Retail outlets and export business. I I Price: $1.6 m I Apply to: I Business Times I Box No: *****
      65 words
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      Page 28 Advertisements Column 2
      6 28 Kaifu offers Manila USs227m, Pr 7
      6 words
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      Page 28 Advertisements Column 3
      51 28 JIL Baume Mercier GENEVE 1830 SHARP BUSINESS ACTION The Choya shirt. For people who recognize a smart investment. m CHOYA TOKYO-JAPAN Available at Daimaru, Isetan Orchard, Isetan Havtlock. Sogo. Yaohan Orchard and Arrow Shops Licensee and distributor Apparel World (S) Pte Ltd Tel *****88 Apparel World (M) Sdn fihd Tel
      51 words
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  • Shipping Times
    • Article, Illustration
      High costs, weakening US$ squeezing liner agents
      335 29  -  By Dexter Lee RISING OPERATING costs and a weakening US dollar are threatening the viability of liner agents around the world, a leading figure in Singapore's shipping industry warned. Mr A R Jumabhoy, a vice-president of the Federation of National Associations of Ship
      335 words
    • Article, Illustration
      Air India likely to post $120 m loss after two years of profits
      346 29  -  By S N Vasuki AIR INDIA expects to report a major loss of $120 million in the fiscal year ended March 1991 after two record years of profits. Last year the carrier wiped out accumulated losses of
      346 words
    • Article
      Lines reviewing their Aussie services
      243 29  -  From John Spiers in SYDNEY THE STRONG downturn in the Australian economy has prompted a number of shipping lines to carefully review their future in the trade. Yugoslav line Jadranska Slobodna Plovidba has said it will withdraw from the liner trade between the two countries
      243 words
    • Article
      Indian Port Trusts study ro-ro service
      310 29  -  From Shirish Nadkarni in BOMBAY A PROPOSAL to start a roro service between Jawaharlal Nehru port (formerly known as Nhava Sheva) and Bombay is being jointly considered by the respective Port T rusts. This inter-harbour service is initially meant for transporting containers between both
      310 words
    • Article, Illustration
      MAS to order three more Boeing 747-400s
      290 29  -  By Ahirudin Attan Othman Abu Bakar MALAYSIA AIRLINES has decidcd to place orders with Boeing for three more 747-400 aircraft worth Msl billion, for delivery between 1994 and 1995. Options for four more aircraft are more or less decided, but sources said airline
      290 words
    • Article
      Lock icon Firms reject FEFC rubber rate plan
      168 29 Reuter MAJOR rubber exporters in Malaysia have decided to reject the proposed Far Eastern Freight Conference's (FEFC) tariff structure for rubber exports due to come into force in January, officials said. The decision was reached by a meeting of officials of the Rubber Industry
      Reuter  -  168 words
    • NEWS SUMMARY
      • Article
        Maintaining shipping standards
        56 29 SHIPPING conferences were formed to ensure stability, with regard not only to the services offered but also to the rates. However, there remains the question of how far conferences would be willing to organise and offer an optimum service as there has been a growing failure to
        56 words
      • Article
        Operators oppose oil pollution act
        48 29 TANKER operators say the recently signed US Oil Pollution Act 1990 will make shipping to the US unprofitable if not impossible. They have threatened to introduce extra premiums for US bound journeys, which could ultimately hit the end-us-er in the US Back Page
        48 words
      • Article
        Preussag to raise capital of HDW
        40 29 PREUSSAG AG is planning to raise the capital of its shipbuilding unit HowaldtswerkeDeutsche Werft AG (HDW) to finance investments of several hundred million marks, a spokesman for the Schleswig-Holstein state government said Back Page
        40 words
      • Article
        Liberian-flagged ships to switch register
        53 29 MANY ships flying a flag of convenience of war-torn Liberia are expected to transfer their registration to the Marshall Islands, according to a published report. Liberia, the West African nation where a civil war has raged for months, has the world's largest off-shore registry of
        53 words
    • LOG BOOK
      • Article
        NEC, Boeing to develop circuits for 111
        83 30 NEC CORP and Boeing Co are jointly developing large-scale integrated circuits (LSI) for Boeing's 350-seat 777 airliner, now on the drawing boards, a NEC spokesman said. The LSI was originally planned tor the 150-seat 7J7 project, but now it's more likely to be
        83 words
      • Article
        Mayne expects steady results
        101 30 AUSTRALIAN transport and security group Mayne Nickless expects results in the first halt of the 1990/91 year to at least match those of the prior six months, chairman Bruce Redpath said. Redpath said directors had budgeted more cautiously for the first half because of economic uncertainty.
        101 words
      • Article
        Saga in talks to buy oil group
        106 30 NORWEGIAN oil group Saga Petroleum said it was holding talks on buying all or part of Norwegian Oil Consortium A/S and Co. Analysts with Oslobanken Capital Markets have estimated that NOCO is worth between 3.6 billion and 4.6 billion crowns. NOCO is not
        106 words
      • Article
        Egypt Air orders Boeing 737s
        78 30 EGYPTAIR has ordered five Boeing 737-500s, worth about US$ 150 million, Boeing Commercial Airplane Group said. The new twin-engine jets will seat 108 to 132 passengers in Egypt Air's configurations and will have a range of 5,360 km. The Egyptian airline said it plans to
        78 words
      • Article
        Firms sign 10-year pact
        51 30 GENERAL Motors Corp unit Electronic Data Systems Corp and Cummins Cash and Information Services Inc said they entered a 10-year, US$9O million agreement under which EDS will run all Cummins Cash computer and communications operations. Cummins Cash and Information is a wholly-owned unit of Cummins Engine
        51 words
      • Article
        Rockwell, Fiar enter joint deal
        61 30 ROCKWELL International Corp said it will enter a cooperation agreement with Fabbrica Italiana Apparecchiature Radioelettriche (Fiar) to pursue joint contracts in the mul-ti-billion-dollar upgrade market for international avionics. The formal announcement and details of the joint effort in aircraft electronics systems will be made today
        61 words
    • Article
      WEEKLY FREIGHTS
      431 30 RATES continued to soften over the past week in dry cargo shipping markets, particularly for ships loading in the US Gulf, indicated brokers. The Baltic International Freight Futures Exchange (Biflfex)'s Baltic Freight Index lost 32 points on the week to finish at 1,280 points. Brokers lowered nominal quotes
      431 words
    • Article, Illustration
      Lock icon Where have they gone wrong?
      1555 30 Shipping conferences were formed to ensure stability, with regard not only to the services offered but also to the rates. However, there remains the question of how far conferences would be willing to organise and offer an optimum service as there has been a growing
      International Transport Journal  -  1,555 words
    • Article
      THE SHIPPING GUIDE
      12332 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
      12,332 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        683 45 Vessel Voy No Berth Arrival Oepartre Vessel Voy No Berth Arrival Departife Keppel Wharves Hong Eng ***** P2C 1311/1200 14 11/2200 Connie Bay 8 K29 alongside 1311/1300 Mik Vladimir 45W P4B 1411/1600 1611/0600 lay Bda 1 K34 alongside 2011/2300 Nissan Blueb 13 P3W 1311/2200 14 11/0900 Kota
        683 words
      • Article
        CONTAINER SCHEDULE
        1188 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bodunj/Balance Rdb Ship Voy No Etb/Btr Period From To From ACX lade 21A 14/1900 1 13/1500 13/1659 13/1900 Ad Goncharov 66MF90 16/0700 2 13/1700 14/0659 14/0900 4 14/1200 14/1459 14/1700 Al Ahmadah 67A 15/1300 3 14/0700 14/1159 14/1400 4
        1,188 words
      • Article
        IN MALAYSIAN PORTS
        346 45 Penang Port Berth on Nov 14: 1: Zhen Jiang; 2 Vignesswara; 4 latidiri. Sang Thai Ceramic; 6: Urn Mercy BCT: Bl: Pernas Suasa; Bll Azam II Penang Wharf: NB: Song oi Flower; SB: Cora Princess VOTP: nil. Due on Nov 13: Luconia, Maritime Victory. Lourel Star. Uni
        346 words
    • Article
      DAILY FREIGHTS
      1107 45 DRY CARGO freight rates were static on Monday while sentiment was neutral, brokers said. Grain, coal and time-charter business was active, but expected large-scale Soviet buying failed to materialise. The US Gulf/Japan route was fixed at a slightly lower U5522.50 while its BFI sub-index was 25 cents higher
      1,107 words
    • Article, Illustration
      Lock icon Operators oppose US oil pollution act
      731 46 Reuter TANKER operators say the recently signed US Oil Pollution Act 1990 will make shipping to the US unprofitable if not impossible. They have threatened to introduce extra premiums for US bound journeys, which could ultimately hit the enduser in the US. Owners, insurers,
      Reuter  -  731 words
    • Article
      Lock icon Preussag to raise capital of HDW
      198 46 Reuter PREUSSAG AG is planning to raise the capital of its shipbuilding unit HowaldtswerkeDeutsche Werft AG (HDW) to finance investments of several hundred million marks, a spokesman for the Schleswig-Holstein state government said. Heide Simonis, State Finance Minister, had information that a first tranche
      Reuter  -  198 words
    • Article
      Lock icon Liberian-flagged ships to switch to Marshall
      171 46 AP MANY ships flying a flag of convenience of war-torn Liberia are expected to transfer their registration to the Marshall Islands, according to a published report. Liberia, the West African nation where a civil war has raged for months, has the world's largest off-shore
      AP  -  171 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      154 29 I M UNITED I EI£IS LiASINGISIMCtSrtIiro I Call Te1:471 3033 "K"LineThe Best Can Get Better! R fl igK 111 How can you improve on perfection? At "K" Line we think the answer is simple: constantly expand and restructure your service system to meet the growing needs of your clients. And
      154 words
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      Page 29 Advertisements Column 2
      28 29 Container Schedule 17 Daily Freights 17 lnde» to Advertisers 3 Shipping Guide 10.11 Ships m Port 17 Singapore f*te 17 Weather and Sea Conditions 17 Weekly Fre«hts 2
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      60 30 11 FOR SALE" GENERAL CARGO SHIP, 3 HOLDS, NO TWEEN DECK, 3 SWL 10 TON CRANES, DWT 3120, GRT 2880, FULLY LLOYDS CLASSED, ALL SURVEYS UP TO DATE, S.S DUE 1994, RECENTLY D DOCKED AND OVERHAULED ALL MACHINERY, ALL CERTIFICATE VALID. PLEASE CONTACT THE FOLLOWING NUMBERS FOR FURTHER DETAILS: MOBILE
      60 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1944 31 JARDINE SHIPPING AGENCIES """""H 4UIM 200 Cantonment Road #12 05 Southpoint, Singapore 0208 All If# Tel *****11 TELEX NO RS ***** Wlllim terminal cfs th *****18 220 fflffll TU BOOKINGS Tel *****34 23S 1 VA*# M >ESAKA JARDINE SHIPPING AGENCIES SON PORT KELANG TEL *****18 TELEX NO MA***** MA***** PENANG
      1,944 words
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      Page 31 Advertisements Column 2
      1224 31 MDEX TMDVERTjSERS Page Col P»«e Col A I M" 1 ABC C'ontainerline 13 5 Mac-Nds Agcncics 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 AFS 15 I MadjuSdnßhd 16 1/2 Ahrcnkiel Liner 16 3 Maersk Line 3 4/5 Albatros Sea-Air 14 5 Mainfreight 15 4 Alfred C Toepfer 15
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      2229 31 ■nirnrm Vassal Voy 6TA I ETO 'Port "Penang 1 DESTINATIONS Singapof* Kelang This wee* Majestic M 9006 Feooer by 20/11 0600 MRS F»rco A CFS 19/11 2359 MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NYC WON TOR MAJESTIC M 9006 20 It 21 11 IS/11
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      1165 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 12/536 15/11 10/12 4/12 6/12 3/12 9/12 TOKIO EXPRESS 96/540 18/11 5/12 8/12 10/12 CARDIGAN BAY 98/539 22/11 17/12 11/12 13/12 10/12 16/12 BENAVON 97/543 25/11 12/12 15/12 17/12 BREMEN EXPRESS 99/542 29/11 24/12 18/12 20/12
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      585 32 fgEEjgEjfc DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I FLORKANA 20-27/11 9/12 11/12 16/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA i NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I FLORKANA 20-27/11 29/12 30/12 3/1 Also accepting Cargo to Callao (Peru) via Valpa Agents: SINGAPORE:
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      Page 32 Advertisements Column 3
      1488 32 &ssm 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) NORASIA SUN 9037-3 18/11 11/12 12/12 15/12 18/12 19/12 17/12 18/12 21/12 NORASIA PEARL 9038-3 26/11 17/12 19/12 22/12 24/12 25/12 26/12 27/12 29/12 NORASIA
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      Page 33 Advertisements Column 1
      1783 33 sstjjgSteamers Maritime Holdings Ltd P&O jprjW straits shipping J Singapore to Braaoi. East Malaysia, Containers Muv V«» Nc PKlant Spuie S'ton H'bu>| Shaven Roam Le* A r»orJ| S Ut SA S KASUGA I 12 MS BAN 12/11 IVII 11/12 OfnU Of/12 03/12 10/12 CARCO TOKIO EXPRESS 96,540 »BAN 12/11 18/11
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      Page 33 Advertisements Column 2
      2245 33 SP IH ROM HAM B HVN FIX SPORE HK KAO KOB BU HANJIN LEHAVRE 010W 18/11 8/12 7/12 8/12 10/12 11/12 HANJIN OAKLAND 010 C U/U 22/11 ***** 2WII 25/11 HANJIN FELIXSTOWE 005W 24/11 12/12 13/12 14/12 18/12 17/12 CHOYANG GLORY 001E 26/11 29/11 30/11 3/12 8/12 CHOYANC PARK Oil*
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      Page 34 Advertisements Column 1
      551 34 mi CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL, VOY S PORE 1 ROAM ADAM H BURG BREMEN ANTWERP SRffIIJAYA,3OMB 22-25/11 25/12 1/14/17/1 KUTAI2IWB 15-19/12 17/1 23/1 28/1 30/1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Aleo accepting cargo to Cw^ilanii, Port Said, Port Alexandria. Genoa. Trtoate.
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      Page 34 Advertisements Column 2
      826 34 tfhHANJIN SHIPPING y]V FULL CONTAINER SERVICE IS' pore I LeHavre R dam H burg B haven Fstowo FEEDER VSL SIN LINE HAUL LAX OAK 18 11 6/12 7/12 8/12 10/12 11/12 MAN JIN OAKLAND 010E 19/11 H SEOUL 109E 14/12 16/12 24,11 12/12 13/12 14/12 16/12 17/12 CHOYANC GLORY 001E
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      Page 34 Advertisements Column 3
      92 34 EUROZONE FREIGHT SERVICES PTE LTD NO 20. MAXWELL ROAD #12-02 MAXWELL HOUSE. SINGAPORE 0106 tr: mmt it im rut zmi7i nx n i*m tm itm ♦WEEKLY EXPRESS ECL LCL CONSOLE SERVICES Erom: TAIWAN HONGKONG EUROPE USA UK Services To BRUNEI ASEAN PORT S.E. MALAYSIA PROVIDE: INT L TRUCKING DOOR TO
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      1313 34 =1 IPKL SGP HKC KSC KLG PUS HUT OSK SHU TYO LAX SFC PTI CHS BAL NYC LHV ANX ROM FIX, TUP HBC SCP I i cuioc *to« iJ/H ivii i*u mu 22/11 mi 27/11 2*ll 1/12 2/12 13/12 mi 27/12 2*12 7/1 »/i *1 12/1 3/2 I GUARD 1
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      1880 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 M AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA k c,mm K.L.-(03) *****33, P.Kelang-(03) *****87.
      1,880 words
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      Page 35 Advertisements Column 2
      1113 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 EASTBOUND LOADING FOR WESTBOUND VtSStLS VOYAGt |SPORt |M«W'LA MKONC VOYAGt SPORt PHLANC HBURG 6 HAVEN TILBURY
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      1703 36 I K LINE KAWASAKI KISLN KAISHA. LID. EXPORT N. AMERICA PACIFIC SOUTH WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST FEEDER VCSSCL VOY 'INOO *PK PNC [scTl MOTHER VESSEL VOY LB OAK CHI NYC )!"dCI j?* IMC? MfT SCP I f utnVfcuuii.fi »n >i' nit ll'll RROOKtYN BRIDGE 35 912 12 12
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      Page 36 Advertisements Column 2
      753 36 PHIU OmCNT UNCS PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22 *****69/*****00 TELEX RS ***** PHILI FAX *****76 *****38 BY air, land or sea... iigr WE TAKE ON THE WORLD FOR YOU MEMBER Ol SINGAPORE FREIGHT FORWARDERS ASSOCIATION ■jillSJjEifiSjll7 NOV MONTREAL, OnAWA, VANCOUVER, S'WESTERN ONTARIO.
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      Page 36 Advertisements Column 3
      416 36 GOLDEN LINE A IvTNi GUAN GUAN SHIPPING (PTE) LTD I 23, Telofc Aver Street SINGAPORE 0104 TEL: 53*3988 (10 LINES) Fax *****04 (CR No **********0W) OTAOT/PEMUN CULF WOIVICK S'pore P. KeUng Penang GOLDEN WONDER Colombo Karachi/Dubai 22/24 No» GOLDEN BEAR Cofcxnbo Karachi,Dubai 110 Dec CHINA MVja DAI YUN SHAN Xiamen
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      Page 37 Advertisements Column 1
      1593 37 sSSs J9JW PACIFIC INTERNATIONAL LINES (PTE) LTD ■f—gg Jf PIL Building, 140 Cecil Street #0340, Singapore 0106. I JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SIN KOTA PANJANG 11SB IS/11 17/11 PEGASUS PROGRESS 643N 17/11 20/11 2*l EDEN 9038 18/11 IS/11 21/11 SEA
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      Page 37 Advertisements Column 2
      1036 37 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 |VOY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN R OAM LHAVRE Kasuga V 12/536 15/11 10/12 4/12 6/12 3/12 9/12 Tokio Express 96/540 18/11 Via Ban 5/12
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      Page 37 Advertisements Column 3
      313 37 M MYANMA P& FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIO7W 19/22 Nov 15/18 Nov HPA-AN VIS7W 16/18 Nov 19/21 Nov SITTWE V4BW 21/25 Nov (LOAOING FOR ROAM'HMBG/ANTWP) THE BANK LINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT
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      865 40 'JfpnSß-l INFS^^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV RDM ANT HBG SACHSIN HMOOI In Pt 12/12 11/12 13/12 9/12 EUROPEAN SEN WFOSO 1511 1/12 9/12 11/12 12/12 14/12 MECKLENBURG *MUU All 23/12 22/12 24/12 21/12 ASIAN SEN WFOS2 29/11 22/12 21/12 20/12 23/12
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      Page 40 Advertisements Column 2
      1092 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 UK/EUROPE 17 NOV 24 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 0562 PENANG: 04 *****9 HONG KONG: 03 *****8 EXPORTS TO HONGKONG. TAIWAN JAPAN MALACCA STRAITS
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      Page 40 Advertisements Column 3
      299 40 LOADING FOR (ALSO LOADING FOR BUENOS AIRES) VISMI SPORI IcBO OBM BAIRES MVIDCO *10 $TS ¥IT PAGUA MosmEN i I*l2 lfcu niu 1/1 uo mi opt VWM22 Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Porta. Spore P MUnf Pwunf Lojdinf for GCNCUK V i-K J OfC
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      Page 40 Advertisements Column 4
      1146 40 t SI 5? CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE S"".. 2. MISTRI ROAD. KMC BUILDING TELtX H« BU«6 #15-00. SINGAPORE 0207 CABLE COSTARHNS CR NO: **********0 M CABLt I,O5,lAKUrit General Agents: COOTAR SHIPPING PTE LTD VESSEL/VOY SCP FIX ROT HAM AWT DKK VESSEL/VOY fLX ROT HAH ANT SCP
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      Page 41 Advertisements Column 1
      845 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI Destns 17/11,21/11 EUROPE all Ports 16/11, 23/11 BANGKOK 17/11, 19/11 HONGKONG/CHINA 17/11, 22/11 SYI), MEL, ADEL, BRIS 20/11, 27/11 FREMANTLE 18/11, 27/11 MANILA 22/11, 29/11 PKLG/PENANG 19/11, 26/11 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang Branch
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      Page 41 Advertisements Column 2
      242 41 RICHFIELD MARINE AGENCIES (S) PTE LTD Si TEL: *****33 (12 Lines) m FAX: *****15/*****03 fTl] TELEX: RS ***** RISHIP (3 Lines) f<T\ ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL i/ESSEI [vOY ETA LOADING FOR SPORE NETSANET <?OWB 15/11 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA bYOT <?3WB «/12
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      824 41 tojj-P.T. MASKAPAI PELAYARAN PULAU 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 VSL VOY SIN JKT PAJ
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      Page 41 Advertisements Column 4
      591 41 BANGKOK CEBU/MANILA VESSEL [vor SINGAPORE BANGKOK [VESSEL {vOY SPORE CEBO MANILA JENLINK 31N Wed In Pt Sat 17/11 THANA BHUM 46S 16/11 22A1 24/11 NANTA BHUM MM Wed In Pt S»t 17/11 SO ORIENT 478 a/11 28/11 30/11 SIRI BHUM#' 470N Sat 17/11 Tu« 20/11 THANA BHUM US 30/11 6/12
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      Page 41 Advertisements Column 5
      408 41 TO AUSTRALIA/NEW ZEALAND VSL s*nfjp<ya Fremantit IWhounM Sytatf Auctlwid Dm** c vtirouK m nm am vu 5u wi uiu ANTWCRKN 211 VU U/D SD 5/5 27/U 3*5 TNT EXPRESS 2U ~H~\ Si Sfi W W1 W HUNG 2M aji 4/2 *2 55 U/7 W2 IX DATS TO MELBOURNE! TO USA/CANADA
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      1107 42 A a MAC-HELS SINGAPORE EXPORT TEL; *****22 IMPORT TEL: *****02 1 1 TEL: (04) *****6 KK TEL: (088) *****0 IjAWAU TEL: (089) 7/86/9 I lip KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL: (089) *****2 -K-/\ J J BAHRU TEL (07) *****2 SIBU TEL (084) *****2 LABUAN TEL
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      Page 42 Advertisements Column 2
      496 42 BLUE STAR LINE 11 SINGAPORE TO J 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 PLY AUCK LYT PREMIER OSS 26 Nov U Dec Via NPt
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      Page 42 Advertisements Column 3
      903 42 2TI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Tw lET* IIEST VESSEL >IT ETA BEST KIM SOON LI 45/90E 19 NOV PENANG EQUATOR
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      324 42 MfNORBULKV IWr NORBULK CARGO SERVICES LTD. V I regular conventional 1 I TIMBER AND PLYWOOD SERVICES I SP PK LOADING FOR I I FORUM ISLAND NB-119 In Port 20/11 225/ ANT/UK I I EVPO AGEOS NB 120 27/11 30/11 ROM/ANT/UK ISWKSABAH LOADING FOR I NBT-iS 20/11 KANDLA I ISP PK
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      735 43 COMPANIA PERUANA vwQL 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 KARABIEVERETT K3O/16 Now ROSEEVERETT 21/23 Now 24/25 Now SHAPLAEVERETT 07/09 Dec 10/11 Dec "EVERETT ORIENT LINE" JAPAN/BAY OF
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      605 43 VSL |VOY Is PORt [MAINLINER IIAX iKST |SAV [NYC IhFX IM YOKOHAMA HE 14/U ZiM TOKYO 5,12 14,12 17/12 11.12 21/12 ZIM PUSAN 12K 14ill ZIM PUSAN 11,12 20/12 23/12 2t(12 21/12 a vessel. 21/u zim California I*l2 2&12 31/12 2/1 4/1 A VESSEL 2S/U I M SAVANNAH 2S/12 4/1
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      613 43 WSING KWANG HANG IHIfMM i TRAMSPOMTATtOM (PTE) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA MEKHANIK KURAKO V 35N 13/11 18/11 EQUATOR JOY V 04N 18/11 I 21/11 VESSEL S PORE BANGKOK A VESSEL 14/11 17/11 A VESSEL 19/11 I 22/11 DESTINATIONS ETA SINGAPORE PORT KELANG 15 NOV MANILA
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      477 43 PERINTIS LINE JH|||H9P|M2RHV^M[M||jßpr ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBV PRASETIA 119 A IN PORT 17/11 PELOPOR 962 17/11 20/11 PRASETIA 963 24/11 27/11 PELOPOR 963 24/11 27/11 TANTO UTAMA 121 19/11 22/11 TANTO UTAMA 123 26/11 29/11 > TANTO UTAMA 125 03/12 06/12
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      326 43 SJN FAB EAST 18/11 KEELUNG/KAOHSIUNG 18/11 BANGKOK 17/11 MANILA/CEBU 17/11 JAKARTA/BELAWAN/SURABAYA 16/11 PORT KELANG/PENANG/E. Malaysia 16/11 BUSAN 19/11 TOKYO/YOKO/KOBE/NGO/OSA 19/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou' Xiamen/Xingang/Shanghai SHI EUROPE/UK 17/11 LDN/FLX/LVP/SOU 17/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. UN USA/CANADA 16/11 LOS ANGELES/NEW YORK all IPI points
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      535 44 xflA CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE SPf POM MISIMA LAt TVIUt VI9SB M 25(11 7/12 13/12 •TISHIP "S»n Juan" E» L* 9/12 BUNKER SURCHARGE EFFECTIVE VIBSB TEU U5D56.00 B/BULK USD 5.40 LCL USD 3 50 SUBJECT REVIEW BOOKINGS ACCEPTED FOR EAST KALIMATAN
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      961 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE G M V 22W90 In Port 9/12/90 A N V 20-90W 19/11/90 16/12/90 6/12/90 11/12/90 K.S. V-21-90W 29/11/90 25/12/90 14/12/90 20/12/90 BMT. V 23-CW9O 1/12/90 21/12/90 23/12/90 27/12/90 Y. M V 22-90W 15/12/90 9/12/90 30/12/90 4/12/90 ALSO
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      583 44 J LCL/FCL SERVICE TO/FROM f I HI HI iift W OYW 000 xtminth/ofUmi In UJ.A. J I I m m*ntain» over 35,000 tractor* 4 tru«*tt. II H J OF^oo,oooPo4nt.»nu^ lmnk\ m V Gtnertl Aflentt: 7&WTZ/AOC rt/2 KL: ALLieo-LiMK SINGAPORE: //M-\ SffiSr 04-*****2 03-*****95 778 6522(22 lines) SFFA W Marina Ong
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      348 44 mi,...n hi FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 22N8 22/11 VIGOUR PACIFIC 23N8 2,12 BANGKOK 18/11 25/11 BUSAN 17/11 28/11 HONGKONG 17/11 25/11 DURBAN 29/11 13/12 KEELUNG 18/11 25/11 PT. LOUIS 29/11 13/12 PT KELANG 21/11 30/11 KOBE 19/11 26/11 PIRAEUS 19/11 28,11 OSAKA 20/11 27/11 JAKARTA 16/11 19/11 SURABAYA
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      443 45 TIDES AND WEATHER TODAY'S TIDES (lw#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0800 **********00 **********00 1500 1600 *****S00 1900 2000 2100 2200 2300 JR 18 1.4 LI 1.0 0.9 U 1.5 2.0 2.4 2.7 2.6 2.4 20 1.5 1.1 09 07 08 10 14 1.9
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      Page 46 Advertisements Column 1
      310 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7'll 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU if'| HIAP HOE SHPPNG ENTERPRISE V •Iff J TCL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG j&TTk&L* PT. PELAYARAN. KJxMmM SAMUDRA
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      726 46 HYUNDAI 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 CHALLENGER 38E 24/TT 29/11 17/12 19/12 21/12 20/12 HYUNDAI PIONEER 35* 3/10 26/10 29/10 16/11 25/11 HYUNDAI INNOVATOR 37E 1/12 6/12
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      Page 46 Advertisements Column 3
      602 46 ICHARTPOINT I Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) -ww^cn.^ Hamburg la Cootfl)U(*n. Aartw/s Gothenburg. Ma mo I S PORE S TOM H'BURG B HAVEN R'DAM LEM H*hi*i. StoctHolm TOKIO EXPRESS 9fcS4o It'll iiU IU 10/12 Rotterdam to Antwp. Amite'daf" o*io Helsinki CARDIGAN ray ««9 22/11 14.12 11
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