The Business Times, 15 November 1990

Microfilm: NL17137
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday November 15 1990 75*
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  • NEWS SUMMARY
    • Article
      New era in ties seen as Suharto begins China visit
      65 1 PRESIDENT SUHARTO of Indonesia began a six-day visit to China yesterday, with his host predicting a new era in relations between their two countries. "The normalisation of relations between our two countries will benefit both our countries, as well as
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    • Article
      Policy-growth link
      25 1 THE RELATIONSHIP between sound economic policies and growth is like that of cigarette smoking and life expectancy, says an American economist Page 2
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    • Article
      TDB planning shop
      17 1 THE TRADE Development Board is planning a second shop showcasing made-in-Singapore products Page 2
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    • Article
      EC slaps duties
      36 1 THE EUROPEAN Community has slapped anti-dumping duties on audio tapes imported from Japan, South Korea and Hongkong following an inquiry into a complaint by the European Council of Chemical Industry Federations Page 7
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    • Article
      Jittery about Moscow
      37 1 WHILE the Bush administration looks to Mikhail Gorbachev to help fashion a new world order, US analysts and businessmen are increasingly questioning the Soviet leader's ability to maintain economic order at home Page 10
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    • Article
      Siege at Gatt HQ
      25 1 THOUSANDS of angry European farmers have lain siege to Gatt's headquarters to protest against efforts to cut farm subsidies Page 10
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    • Article
      Brunei plans revamp
      26 1 BRUNEI is committed to restructuring its oil-based economy although, it is emphasised, this commitment will not be made 'at any price'. Page 13
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    • Article
      Auction in the news
      33 1 THE AUCTION world has continued its roller-coaster performance with the sale at Sotheby's of Impressionist and modem art but with fewer sharp dips than in previous auctions Page 19
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    • Article
      Link poses no threat
      32 1 THE SECOND link between Malaysia and Singapore should not unduly worry Malaysian ports as its impact on their trade is expected to be minimal. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      35 1 SHARE PRICES slipped in opening trading on Wall Street yesterday, with the Dow Jones index of leading industrials falling 0.74 points to 2,534.65 points in the first five minutes after the opening bell.
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    • Article
      Footsie lower
      52 1 LONDON share prices were lower at midday yesterday but there was little reaction to news that Prime Minister Margaret Thatcher is to be challenged as leader of the Conservative Party. At about 1215 GMT, the Financial TimesStock Exchange 100-Share Index was down 10.5 points, or 0.5 per cent,
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    • Article
      Kim Eng heads for NY
      24 1 KIM ENG Holdings plans to set up a New York office to tap the US investment market Page 3
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    • Article
      Call to snub offer
      24 1 MINORITY shareholders of Cold Storage Holdings have been advised to reject a general offer from Goodman Fielder Wattie Page 3
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    • Article
      Gulf danger to banks
      34 1 THE GULF CRISIS could pose a serious threat to the world banking system, says the Bank for International Settlements in its report for the second quarter of 1990. Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Wednesday Change BT-MGA 555.68 +0.67 Kuala Lumpur ....472.85 +0.65 Hongkong 3,006.82 7.85 Tokyo 23,937.44 -36 23 Sydney 1,345.2 -3.6 Tuesday Change New York 2,535.40 -4.94 London 2,056.0 4.1
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    • Article
      CURRENCIES
      23 1 Exchange rates US$ S$ 1.7105 Yen SS 1.3249 MS SS0.6335 Money market rates Overnight 5 1/4% +4 1/2 3-montn 6 1/2 -1/16
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$383.45 US$0.25 Rubber S'pore Dec !55.75*/kg +0.50 M'sia Dec 242.00«/kg +1.00 KL Tin Turnover 49 tonnes +27 Spot M$l6.25/kg -0.09 Crude palm oil Turnover 1,282 lots +123 Nov M$767/tonne -7
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  • Article
    Loans down by $600 m in month of Iraqi invasion
    445 1  -  Professionals and private individuals most affected By Diana Oon COMMERCIAL BANKS are feeling the heat of the Gulf crisis, with loans granted by them falling by nearly $600 million to $55.67 billion in August the month which saw Iraqi tanks
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  • Article
    Lock icon Daim says Budget will be good for business
    192 1 Bernama MALAYSIAN Finance Minister Datuk Paduka Daim Zainuddin hinted there will be no shock or drastic changes in the 1991 budget because it is geared towards continued growth and development. "It will be good for business. At the same time, the poor
    Bernama  -  192 words
  • Article, Illustration
    Lock icon Heseltine to challenge Thatcher for party leadership
    297 1 Reuter FORMER British defence minister Michael Heseltine yesterday announced a bid to oust Margaret Thatcher from the premiership she has held for 11 years. He confirmed he would stand against the "Iron Lady" in a ballot beginning next Tuesday for the leadership of
    Reuter  -  297 words
  • Article
    High Court admits 23 more HK lawyers to S'pore Bar
    259 1 THE HIGH COURT yesterday admitted 23 Hongkong lawyers to the Singapore Bar, thus allowing them to practise as full-fledged advocates and solicitors in the Republic. High Court Judge Chan Sek Keong admitted the 23 together with seven other local lawyers.
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  • Article, Illustration
    NTUC Fair Price to open megastores in five years
    378 1  -  By Soh Tiang Keng NTUC Fair Price, Singapore's largest supermarket chain, plans to open mega-stores within the next five years. The general manager of the labour co-operative, Lim Ho Seng, told BT that a me-ga-store concept covers a big store plus
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  • Article
    Indonesian-Vietnamese scooter tie-up gets green light
    217 1  -  From Harish Mehta in HO CHI MINH CITY AN INDONESIANVietnamese joint venture to assemble scooters in Ho Chi Minh City has been given the green light on the eve of Indonesian President Suharto's visit to Vietnam. Saigon General Services Company (Savico) was authorised to
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      263 1 f'Burberrysl 5 5 1 —%> a I Reigns when it pours Advertising Marketing... 14. Money Changer Rates 29 World News 10.11 16 Money Market 27 World Stock Markets 26 Aircraft Schedule 29 Regional News 7, 9 Commodrties 28 Regional Stock Markets 25 For market indues, editorial. Cryptic Crossword 29 SES
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    • Advertisement
      Page 1 Advertisements Column 2
      9 1 Howe accuses Thatcher of risking country's future, Pg 10
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    • Advertisement
      Page 1 Advertisements Column 3
      83 1 TOTAL TRANSPORTATION SERVICES CROWNwH^CinC 36 Pioneer Road Singapore 2262 Fax 862 2840 Tlx: RS 21 115 CRWNPAC Tel: 861 6818 Loans to Vietnam hinge on peace in Cambodia, Pg 9 The Grand Pavilion j m For those who Seafood prepared in a uide prefer privacy lip* variety of ways while
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        SIA wins best airline iward again
        79 2 SINGAPORE AIRLINES has been named for the second v Misecutive year as the world's best airline for international business travel by the magazine, Business Traveller. SIA received the award at the Business Traveller International magaine's second annual awards luncheon held yesterday. SIA was jlso
        79 words
      • Article
        Science research challenge
        97 2 MAJOR challenge facing the Science Research Programme «SRP) for junior college students is the need to look beyond \sean for participants, possibly from Australia, Burma, Japan and New Zealand. Dr Seet Ai Mee, Minister of State for ■iducation and Community Development, said this would nsure the quality
        97 words
      • Article
        Think of the outside
        73 2 MANUFACTURERS and suppliers to the building industry •hould give more thought to the technical support they can give to those in charge of a building's external finishing. Kenneth Chen, regional development partner with Consortium Architects, said that vast amounts of money are spent on Jressing up
        73 words
      • Article
        Human face of quality
        88 2 IO PROMOTE quality, a television programme "Quality Insights" has been produced for the National Productivity Hoard. The programme, to be aired over two weeks from Nov 19, aims to give a human face to quality, among others. It includes interviews with three National Productivity Award winners.
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      • Article
        ICI head to give talk
        45 2 ICi Asia-Pacific chief executive officer Dr Bill Madden will be lecturing at the National University of Singapore on Dec 11. His talk will give perspectives on business portfolio change 4 'rom the point of view of a multinational chemical company.
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      • Article
        Investiture ceremony
        29 2 I HE INVESTITURE ceremony for the 1990 National Day Awards for efficiency and long service will be held on Friday, Nov 16, at the Singapore Conference Hall.
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    • Article, Illustration
      Chance has a major role in the growth process
      322 2  -  by S N Vasuki THE RELATIONSHIP between sound economic policies and growth is as complicated as the relationship between cigarette smoking and life expectancy, says Professor Arnold C Harberger, a distinguished American economist. "Countries with sound economic policies may have poor
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    • Article, Illustration
      Nissho Iwai maps growth plan
      313 2  -  By Claire Leow NISSHO IWAI, a top Japanese trading house, aims to raise its offshore trading activities four-fold to reach more than US$lO billion by 1995, said its general manager, T Ishiwatari. The key areas identified for expansion are machinery, grain, chemicals and steel. Nissho
      313 words
    • Article
      Seagate injects $20m into PCB lines at Senoko
      276 2 SEAGATE Technology International, the second largest private sector employer in Singapore, has invested more than $20 million to install two automated printed circuit board (PCB) assembly lines at its Senoko plant. Seagate said yesterday that the two production lines are the first
      276 words
    • Article
      A helping hand for local products
      230 2 EVEN as the first shop showcasing made-in-Singapore products is being opened at Changi Airport Terminal 2, the Trade Development Board has plans for a second shop in town and even in other airports in the future. The Singapore Showcase is a retail outlet featuring
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      118 2 Executive Jobs every Saturday in Business Times Now YOU can fly NON-STOP 9 TO SYDNEY V GULF AIR STYLE. mmJH ■fe v^| ajajiuiHb There's never been a more enjoyable 1 way to llv to flights depart lor Svdn.'v, every I hursday and Saturday. It's .ill we can now tlv you
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Kim Eng Holdings sets up New York office
      449 3  -  By Magdalene Ng KIM ENG Holdings is planning to tap the American investment market more intensively through the set-up of a New York office, timed to start operations on Jan I, 1991. In an announcement yesterday, Kim Eng Holdings the holding company
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    • Article
      Lock icon Landmarks agrees to acquire 50pc of Saujana Hotel
      362 3 Bernama LANDMARKS Bhd announced on Tuesday that its wholly-owned subsidiary, Landmarks Hotels and Realty Bhd, has entered into a sale and purchase agreement to acquire a 50 per cent interest in Saujana Hotel Sdn Bhd. Landmarks said in a statement in Kuala
      Bernama  -  362 words
    • Article
      Lock icon Bank of Commerce group pre-tax profits up 50 pc
      304 3 Bernama BANK of Commerce Bhd, which said it is well-poised to take advantage of the favourable development in Malaysia's financial industry, has reported a group pre-tax profit of M 529.59 million for the year ended Aug 31,1990, a rise of 49.2
      Bernama  -  304 words
    • Article
      Keppel meets fund managers, analysts
      238 3 KEPPEL Corporation held a meeting with fund managers and analysts yesterday both to reassure them that executive chairman Sim Kee Boon is recovering well and thus will not retire because of illhealth, and to explain the legal tussle between US-based Capital Maritime Corporation (CMC) and
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    • Article
      Lock icon Malaysian investors switching to stocks with better earnings
      450 3 MARKET TALK MBT THERE IS A SHIFT in Malaysia in investors' preference from assets to earnings as a benchmark of value because strong earnings growth provides a buffer against a decline in share price levels. In this context, there will be a
      MBT  -  450 words
    • Article
      CSH minority shareholders told to reject offer
      418 3  -  By Lee Han Shih MINORITY shareholders of Cold Storage Holdings (CSH) have, as expected, been advised to reject Australian food group Goodman Fielder Wattie's general offer to buy out their interest at $1.66 a share in cash. Merchant bank Baring Brothers, as financial
      418 words
    • COMPANY BRIEFS
      • Article
        ASM to buy stake in Steel Industry Sarawak
        113 3 AMALGAMATED Steel Mills Bhd is to acquire a 40 per cent stake in Steel Industry Sarawak Sdn Bhd from Yao Teh Enterprise Co Ltd of Taiwan and the Sarawak Economic Development Corporation for M 52.95 million. ASM announced in a statement yesterday
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      • Article
        OCBC paid-up capital hits $594 m
        44 3 THE ISSUED and paid-up capital of OCBC Bank was $594.77 million as at Oct 31, following the exercise of Warrants '95 by stockholders as well as the exercise of options pursuant to the OCBC executives share option scheme.
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      • Article
        Golden Hope accepts offer
        86 3 GOLDEN HOPE Plantations Bhd has accepted an offer from Kundong Tanjong Pau Company Bhd relating to an exercise to make KT Pau the property holding arm of Golden Hope. In a statement yesterday, Golden Hope said the proposal involved KT Pau purchasing the entire equity of
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      • Article
        Nanyang Press gets approval
        64 3 NANYANG Press (Malaya) Bhd has received the Foreign Investment Committee's approval for its proposed purchase of a 25,075 sq m plot of industrial land in the mukim of Damansara, the company said. With the FICs approval, the acquisition now needs only to be approved by the
        64 words
      • Article
        MBfH to buy car rental firm
        72 3 MBf Holdings Bhd proposes to acquire a car rental company from First Interstate Holdings Sdn Bhd for M$ 1.825 million cash. Its associate company, MBf Card Services Sdn Bhd, has entered into an agreement with First Interstate to acquire the entire issued and paid-up
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    • Article
      F&N unit may exercise acquisition right
      255 3 FOOD INVESTMENTS (SEA) Pte Ltd (FIPL), which is making a takeover bid for Centrepoint Properties Ltd (CPL), may exercise its right of compulsory acquisition. OCBC Bank, acting on behalf of FIPL, said the Fraser Neave subsidiary will review all options available to it in
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      193 3 Since 1735 there has never been a quartz Blancpain watch. And there never will be. a &wm!&Sl ffaifl mm v^l^^R^vMm N <1 J ,-fwk wHf fl f k S^kS^v If ii -^v I c 7 jfZ&y.l I '1 «fe I o £*-i*V. Kl v| k < ***~Y \SI ]|p j
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Astra postpones convertible bond
        61 4 PT ASTRA International, Indonesia's second largest business group, has postponed a planned US$lOO million convertible bond because of poor market conditions, a company finance official said. Astra, whose interests range from car production to agribusiness, has said it wanted to be the first Indonesian company to
        61 words
      • Article
        Jardines in Royal Trust deal
        71 4 JARDINE Matheson Trust Corporation, a wholly owned subsidiary of Jardine Matheson Holdings Ltd, said it has acquired Royal Trust Business Services from Royal Trust Asia Group Ltd of Hongkong for an undisclosed sum. Royal Trust Business Services, a company secretarial service firm, will be renamed
        71 words
      • Article
        Reliance achieves record
        98 4 RELIANCE Industries Ltd announced a record net profit of 810 million rupees for the half-year to Sep 30, 1990, up 22 per cent on the first half. Net profit for the full year ending March 1990 was 905 million rupees. Chairman Dhirubhai Ambani told shareholders at the
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      • Article
        Mayne Nickless cautious
        62 4 AUSTRALIAN transport and security group Mayne Nickless Ltd expects results in the first half of the 1990/91 year to at least match those of the prior six months, chairman Bruce Redpath said. Mr Redpath said directors had budgeted more cautiously for the first half because of economic
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    • Article
      Lock icon Shun Tak plans to buy into Macau developer
      234 4 Reuter HONGKONG-LISTED Shun Tak Enterprise Corp Ltd plans to acquire a 25 per cent stake in Macau-based developer Nova Taipa-Ur-banizacoes Ltda (NTUL) for HK$BO million, Shun Tak said in a statement. The acquisition will be made through wholly-owned subsidiary Shun Tak Development
      Reuter  -  234 words
    • Article
      Swank issues HK$ 33m new shares
      340 4 ONE OF Hongkong's leading optical products makers, Swank International Manufacturing Co, is raising HK532.65 million through an issue of 23.66 million new shares. The South China Morning Post reported on Tuesday that this exercise follows the successful placement of 23.66 million new shares with
      340 words
    • Article
      Nod for Tisco to own lOOpc of Thai Securities
      358 4 THAILAND'S largest finance company, Thai Investment and Securities Co (Tisco), has secured approval from the Bank of Thailand to take 100 per cent ownership in Thai Securities Co, one of the most active brokers in the country's stock exchange. The consolidation
      358 words
    • Article, Illustration
      Lock icon Volkswagen to sign accord for China plant
      339 4 AFP VOLKSWAGEN managing director Carl-Horst Hahn is to sign an agreement in Beijing on Nov 20 to set up a joint venture in the northeastern city of Changkun, a company official said on Tuesday. The joint venture, producing the Golf and Jetta ranges,
      AFP  -  339 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      235 4 jfiL jfifctX /hII v mMkI Ifcl s o< X \V\ /i g vi B£r !r Ji^nifßlßiP^^M^^^^Miy The automatic Chronograph GP 4900 (Olimpico) For nearly 200 years, the watches and movements that bear our name have always been exceptional creations. The new GP 4900 takes its rightful place at the highest
      235 words
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      Page 4 Advertisements Column 2
      35 4 An idea blend for business and FYSIO9 relaxation with latest facilities to regional and international conferences. Fullboard buffets b/fast Peranakan lunch City tour Extensive facilities: surface-tension swimming pool squash/tennis courts* health ctr 18-hole golf course
      35 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon News Corp plans to sell assets in debt deal
      312 5 Reuter THE NEWS Corp Ltd plans to sell around Asl billion in assets if its banks agree to reschedule AsB billion in debts due within three years, Australian press reports said. The reports said News Corp chief executive Rupert Murdoch outlined
      Reuter  -  312 words
    • Article, Illustration
      Lock icon Milken pleads for leniency in letter to judge
      463 5 Reuter MICHAEL MILKEN, in an emotional plea for leniency, has told a federal judge he never dreamed he would become a felon and said he was afraid of going to prison. "I never dreamed I could do anything that would result in
      Reuter  -  463 words
    • Article
      Lock icon Hoechst hit by higher costs and lower prices
      270 5 Reuter HOECHST AG said higher raw material costs, depressed sales prices, and the strength of the mark were responsible for the earnings fall-off in pre-tax group earnings for the first nine months of this year. Hoechst management board chairman Wolfgang Hilger told
      Reuter  -  270 words
    • Article
      Lock icon Change of heart at European bourses
      229 5 Reuter EUROPEAN Community stock exchanges are shedding some of their mutual hostility in the quest for a more unified marketplace. Timetables and project decisions are still under discussion and the shape of the market place for top European stocks in the next few years
      Reuter  -  229 words
    • COMPANY BRIEFS
      • Article
        Earnings dip for Bayer Group worldwide
        79 5 BAYER AG BAYG.F chairman Hermann Stronger said 1990 sales and earnings of the worldwide Bayer Group will be slightly lower than in 1989. "Sales in 1989 were about C 527.3 billion, with earnings amounting to roughly C 52.6 billion," Mr Stronger told a press
        79 words
      • Article
        Texaco to spend more in 1991
        70 5 TEXACO Inc plans to increase 1991 capital spending fc>y between US$2OO million and US$3.l billion, despite a slowing US economy and uncertainty in the Middle East, president James Kinnear said. "We operate on a five-year plan and have a very strong balance sheet, and
        70 words
      • Article
        Soviet firm proposes joint effort
        59 5 A SOVIET company that has supplied much of the technology for the country's space programme proposed cooperating with US firms in setting up a global communications network. United Space Device Corporation (USDC), with about 1S factories across the Soviet Union, suggested using several low-orbit satellites
        59 words
      • Article
        Robert Bosch consolidates
        76 5 ELECTRONICS group Robert Bosch GmbH has combined its two Spanish units into one, Robert Bosch SA, with annual sales just under 1.4 billion marks. A statement from ihe privately-owned Bosch said the new firm combined Robert Bosch Espanola SA, a marketing firm, with FEMSA, a producer of
        76 words
      • Article
        Beiersdorf operating profit up
        51 5 APPLIED chemicals firm Beiersdorf AG said operating profit in the first nine months of 1990 rose distinctly stronger than sales. In an interim report, Beiersdorf also said sales by end-September grew 2.7 per cent to 2.98 billion marks from 2.90 billion in the same period last
        51 words
      • Article
        DEC to beef up Philippine arm
        107 5 DIGITAL Equipment Corp plans to expand its Philippine subsidiary and take a bigger market share from International Business Machines Corp in the next five years. Officials told a news conference the firm was investing an additional US$2 million in the three-year old Digital Equipment
        107 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      115 5 3P We have i iwwpr**' ~::«jfiKK< praises of certain arias. However, those who v fSBBSS >sif P really understand opera appreciate that an is best "1 l^H s r mere hearsay. Which is why, though received first l Hotel <Mi iiapp ,f; m "ecut've Travels that you reserve a table
      115 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Gulf crisis could hit world banking: BIS
      392 6 Higher oil prices and risks constitute a major threat Reuter THE CRISIS provoked by Iraq's invasion of Kuwait could pose a serious threat to the world banking system, the Bank for International Settlements (BIS) said in its report for the second quarter of
      Reuter  -  392 words
    • Article
      Lock icon Third World debt no longer a threat
      129 6 Reuter THIRD WORLD DEBT is no longer a major threat to the world banking system, according to a banking expert. Peter Cooke of auditing and consulting firm Price Waterhouse said although the debt problem was far from over, a default by a major
      Reuter  -  129 words
    • Article
      Lock icon CS Holding to take control of US affiliate
      368 6 FT CS HOLDING of Switzerland, parent of Credit Suisse, the country's third largest bank, is to spend US$3OO million to take majority control of its investment banking affiliate, CS First Boston. The move, prompted by losses at its US subsidiary, First Boston,
      FT  -  368 words
    • Article
      Lock icon Saitama, Kyowa deny merger was a defensive move
      266 6 Reuter THE MERGER of Saitama Bank Ltd and Kyowa Bank Ltd into Japan's eighth-larg-est bank is aimed at building on the strength of each and not to defend against stringent international capital adequacy rules, the banks' presidents said on Tuesday. "Kyowa Bank
      Reuter  -  266 words
    • SMALL CHANGE
      • Article
        UK insurance firms still reporting losses
        60 6 POOR nine months results this week from major UK insurance companies will continue the pattern of their six months results, when they showed heavy underwriting losses from storms and property subsidence, analysts said. Three leading British insurance companies report this week Commercial Union pic
        60 words
      • Article
        Move afoot to prop up lira
        92 6 THE BANK OF ITALY, which has intervened heavily at the fixing in the last week to support the sagging lira, indicated on Tuesday it was even prepared to use higher interest rates to relieve the mark's pressure on the Italian currency, analysts said. They
        92 words
      • Article
        BfG pips competitor at the post
        101 6 BANK FUER GEMEINWIRTSCHAFT (BfG) said it was buying a 64 per cent stake in East Germany's Deutsche Handelsbank AG just three weeks after a competing Frankfurt bank announced plans to take the same step. BfG said that in agreement with the Bonn finance ministry,
        101 words
      • Article
        No reserve management for Fed
        51 6 THE FED refrained from reserve management, a spokeswoman said in response to an inquiry on Tuesday. Economists had not expected any operations because federal funds traded at 7-11/16 per cent, just below the Fed's presumed 7-3/4 per cent target. Funds averaged 7.73 per cent last
        51 words
      • Article
        Banks fall on hard times
        61 6 BANK OF IRELAND said its first half to end-September saw unprecedented conditions in a number of banking markets. In particular, the US Bank of Ireland pre-tax profits slumped to 15.8 million Irish punts from 93.5 million a year earlier. "Some of the largest and strongest
        61 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      327 6 7^7^—T CURRENCY, MONEY FUTURES MARKETS INTEREST RATE OPTIONS Market takes a dive in nervo. r I CURRENCY FUTURES OPTIONS Cm* rtftn Interbank rites b e Broker rates forward rates 4 I Cross rates Intertank rates I 4 6 7 0 S g A 1 1 9 5 Broker rates 9
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  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article, Illustration
      Lock icon Thai military ban on protests seen as silent coup
      383 7 Move under fire from MPs and press AFP THAI ARMY CHIEF Suchinda Kraprayoon's decision to invoke special powers to ban demonstrations around Government House has heightened tension in Bangkok and has been condemned by critics as a "silent coup". The fact
      AFP  -  383 words
    • Article
      Lock icon Manila ready to make deal in Marcos racketeering suit
      295 7 Reuter A PHILIPPINE official has said that his government is willing to settle its US$5 billion civil racketeering suit against former first lady Imelda Marcos for US$25O million. David Castro, head of a commission set up to recover billions of dollars
      Reuter  -  295 words
    • Article
      Lock icon EC slaps anti-dumping duties on tapes
      368 7 AFP THE EUROPEAN Community has slapped antidumping duties on audio tapes imported from Japan, South Korea and Hongkong after inquiring into a complaint by the European Council of Chemical Industry Federations (Cefic). The European Commission said on Tuesday that it had imposed duties of
      AFP  -  368 words
    • Article
      Lock icon Call to curb piracy on Chao Phraya
      184 7 AFP MAJOR Thai exporters' associations have called on the government to take action against piracy on the Chao Phraya River in the Bangkok area, the Bangkok Post reported on Sunday. The daily said the Thai Rice Exporters Association and the Thai Maize Traders
      AFP  -  184 words
    • NOTE BOOK
      • Article
        World Bank to consider new loan to China
        65 7 THE WORLD BANK is considering a US$llO million loan to China that would bring its lending there to US$975 million since the crackdown on the movement for democracy. Spokesman Peter Riddleberger said on Tuesday that the proposed loan would come up early
        65 words
      • Article
        KL's industrialisation thrust
        63 7 THE THRUST of Malaysia's industrialisation in the 1990s will have to be geared towards production and exports of higher value-added products, said Tunku Tan Sri Mohamed bin Tunku Besar Burhanuddin, president of the Federation of Malaysian Manufacturers. As Malaysia's economy becomes more globalised, it is essential that
        63 words
      • Article
        Taiwanese office in Ottawa
        33 7 TAIWAN will open a representative office in Canada to handle relations between the two countries that broke off diplomatic ties 20 years ago, informed sources in Taipei said yesterday.
        33 words
      • Article
        Aussie-NZ trade barriers
        67 7 REMAINING trade barriers between Australia and New Zealand should be the current focus of the two countries' closer economic relations, Australian Trade Negotiations Minister Neal Blewett said yesterday. "My own view is that we should exercise careful judgement to ensure that only those proposals with the greatest
        67 words
      • Article
        Japanese trade surplus down
        52 7 JAPAN'S trade surplus shrank 30.4 per cent from a year earlier to US$3.2 billion in October and was also down sharply from US$7.7 billion in September, the Finance Ministry said yesterday. Exports rose 15.8 per cent to U5526.6 billion while imports leapt 27.6 per cent to
        52 words
    • Article
      Lock icon Improve human rights or risk US trade privileges, Beijing told
      491 9 AP FIVE US lawmakers have warned Chinese leaders that China could still lose its preferential trade status if its human rights record does not improve, delegation members said on Wednesday. "We were trying to make the point with them that
      AP  -  491 words
    • Article, Illustration
      Lock icon Record harvest poses major problem for China
      519 9 AFP A RECORD grain harvest this year, threatening to hit rural poeketbooks and flood warehouses, has caught the Chinese government off guard, forcing it to improvise a new agricultural plan. The "miraculous harvest", as it is officially called, is expected to be at
      AFP  -  519 words
    • Article
      Lock icon Loans to Vietnam hinge on peace in Cambodia
      507 9 Reuter JAPAN'S trade with Vietnam has boomed this year but the flood of cheap loans and investment the impoverished nation needs still hinges on peace in Cambodia and on Hanoi normalising ties with Washington, traders and officials in Tokyo say. "Japanese firms
      Reuter  -  507 words
    • Article
      Lock icon Manila court annuls decision on Taiwan petrochem project
      267 9 AP THE PHILIPPINE Supreme Court has annulled a decision by the country's Board of Investments allowing a Taiwanbased petrochemical group to transfer its proposed plant from one province to another. In a 15-page decision, the high court said the investment board committed
      AP  -  267 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      141 7 LITTLE THINGS DO MAKE A DIFFERENCE Once again, THE COMPETITIVE EDGE IN MARKETING SEMINAR is here. As in previous years (since 1986), four independent specialists come together to give you the competitive edge in marketing. Consumerization of share financing Teleview as a marketing media Maximising return of advertising dollars on
      141 words
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      Page 7 Advertisements Column 2
      89 7 k ;«H^HnH •W, > —->. 12 v«SIISSwSPm r- j/m 'M'* JmIPIIB m m m I r %il fm' ,C"' i' H I f «Hl> Ml r GnkI^MHSHSH W BaßfilPli II HI Bt 3 S^kl^b r wi'";H n S Bil ;ff|l PBff BB Secret pleasures of WMm' Ift {'W A. luxury
      89 words
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      Page 8 Advertisements Column 1
      256 8 I!f\ Die Devisenbrieftasche The Currency Binder a LePortefeuille M II Portafoglio j M De r Gur t e I PORSCHE DESIGN j I Th e Be I t LaCeinture LaCin t u r a f J 1 PORSCHE DESIGN us: r" I DieFullfederArcl JUj r i The Fountain Pen Arc
      256 words
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  • Page 9 Advertisements
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      201 9 SUSS SS 7'S^INK NEW BANKING POWER *4PP»- „';Hk l *%H? vj t uU%» Multi Link. Multi-uses. Greater HIGH DAILY INTEREST 24-HOUR BANKING convenience. Maximum benefits. Earn higher interest of 4 1 /4% p.a. on Enjoy 24-hour banking via Autocash The answer to your banking needs balances of $3,000 and above,
      201 words
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      Page 9 Advertisements Column 2
      97 9 Exhibition the Legendary Watches of Patek Philippe Af~// +1 y^ v /C A A reproduction of the $\A watches that Calibre 89, the most T knew greatness. complicated watch jF j 1 v 1 The exhibition af ii v "i* »'ll ever made. ;till will include selected An important selection
      97 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon Howe accuses Thatcher of risking country's future
      499 10 UPI FORMER British deputy prime minister Sir Geoffrey Howe has delivered a scathing criticism of Prime Minister Margaret Thatcher, accusing her of risking the country's future with her "nightmare vision" of the implications of European unity. Political analysts viewed the speech in Parliament
      UPI  -  499 words
    • Article
      Lock icon Increased pressure on EC over farm subsidies
      315 10 AP THE BUSH administration has stepped up the pressure in a fight with the European Community over farm subsidies, contending that the 12nation trading bloc's latest negotiating position is totally unacceptable. US President George Bush explored the divisive trade issue at a White
      AP  -  315 words
    • Article, Illustration
      Lock icon Protesting European farmers march on Gatt headquarters
      142 10 AP THOUSANDS of angry European farmers laid siege to the headquarters of the General Agreement on Tariffs and Trade in Geneva on Tuesday to protest against efforts to cut agricultural supports. Carrying pitchforks, cowbells and alpine horns, the farmers charged that Gatt- sponsored
      AP  -  142 words
    • Article
      Lock icon US analysts more wary about Gorbachev's ability
      351 10 Reuter WHILE the Bush Administration looks to Mikhail Gorbachev to help fashion a new world order, US analysts and businessmen are increasingly questioning the Soviet leader's ability to maintain economic order at home. Economic chaos is looming in the Soviet Union, but the
      Reuter  -  351 words
    • Article, Illustration
      Lock icon Iraqi envoy discusses Arab summit offer
      452 11 The Gulf Crisis AFP KING HASSAN II of Morocco has discussed with Iraqi First Deputy Foreign Minister Taha Yassin Ramadan Morocco's offer to organise an Arab summit on the Gulf crisis. Officials in Rabat yesterday said Mr Ramadan gave the king a message from
      AFP  -  452 words
    • Article
      Lock icon UN agency to inspect Osirak nuclear reactor
      337 11 UPI IRAQI PRESIDENT Saddam Hussein will have to tip his hand this week on how intensive his nuclear weapons ambitions are, US administration officials said. The UN's International Atomic Energy Agency (lAEA) is scheduled today to make its annual inspection of the bombed-out
      UPI  -  337 words
    • Article
      Lock icon Analysts see signs of rising dissent in Iraqi military
      284 11 Reuter THE REPORTED execution of six Iraqi generals and 120 other officers mostly for dissent over the invasion of Kuwait starkly portrays the level of unrest in Iraq's armed forces, say analysts and Iraqi exiles. And they believe Iraqi President Saddam
      Reuter  -  284 words
    • Article
      Lock icon Soviet diplomats in bid for summit to avert war
      319 11 UPI SOVIET President Mikhail Gorbachev dispatched two senior diplomats to the Middle East on Tuesday to sound out Arab leaders on the chances of holding an Arab summit to avert war in the Gulf. The presidential mission coincided with Iraq's dispatch
      UPI  -  319 words
    • WORLD WATCH
      • Article
        Pentagon authorises further call-ups
        54 11 THE US Defence Department on Tuesday said it had authorised the call-up of more navy reservists to implement President George Bush's order to boost US forces in the Gulf and give them an offensive capability, and similar steps for other branches of the US armed forces
        54 words
      • Article
        Iraq denies executions
        85 11 IRAQ on Tuesday denied reports from army deserters that six of its generals and 120 officers were executed in August for refusing to take part in the invasion of Kuwait, the official Iraqi News Agency (INA) said, in a dispatch monitored in Nicosia. "The words of this
        85 words
      • Article
        UN invited to resume mission
        60 11 ISRAEL officially invited the United Nations on Tuesday to resume its mission to the Israeli-occupied territories to resolve problems there. Israel's new ambassador to the United Nations Yoram Aridor invited Jean Claude Aime, the Middle East adviser to Secretary General Javier Perez de Cuellar, to
        60 words
      • Article
        Detained without charges
        58 11 ISRAEL jailed two accused leaders of the Palestinian uprising without charges on Tuesday in a new offensive against a growing wave of attacks on Israeli targets. The move came hours after an Israeli soldier was shot dead in an ambush on a Jordan River guard post and
        58 words
      • Article
        Iraq may have diverted loans
        38 11 IRAQ may have used US-backed loans to obtain trucks and other equipment for its invasion of Kuwait, and kickbacks on its subsidised purchases of US food to buy weapons. Cable News Network reported.
        38 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      211 10 Pfow i You Need Dot jjrft ®£L 1 TbTakePart /\l Beaujolais 1 fr Festival BEAUJOLAIS FOOD WINE FESTIVAL (16 30 November 1990) f sj ome join us as we pop our first bottle of Beaujolais It is Nouveau, fresh off the plane from Beaujolais, France. Vl nrUHIiIWI Made from high
      211 words
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      Page 10 Advertisements Column 2
      125 10 DON'T MISS iTHE BOAT you re 10! seen a' THE BOAT SHOW South East As a s ma.or boatmg "*s even! chances a'e you we missed the boa! to a b llion dollar p easure ooatmg and >e<sure industry ■4MTS, THE BOAT SHOW aptly turned !0 coincide *-th !he open.ng
      125 words
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      Page 11 Advertisements Column 1
      129 11 R)LO Ralph Lauren SBL I liallX ii^iiHifliiiipiFn r l^ B M<aitia T^TP r 1 .i« ■m** iirrr r iiSSlMl^^BHff^lßP w Wwf^- r B Bi4 .„>.. <• MjMn ..agPflp- <n p B iimmi r IkMiafl t wf"4M13E!12 Hi v W p^| fjtjt L kir Hs? Jfl Jj >^^HH D| DICKSON MARKETING
      129 words
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  • Article
    Maintaining the status quo
    497 12 EDITORIAL SEVERAL POINTS have to be emphasised about the agreement on the increased use of Singapore's military facilities by the US. Firstly, the agreement merely implies an expansion of existing access and not the creation of US bases in Singapore as had been feared by some.
    497 words
  • WHAT THE OTHERS SAY
    • Article
      Symbol of the state
      234 12 EMPEROR Akihito's speech at his enthronement was more than just a pledge to observe the Constitution and discharge his duties. It also reiterated Japan's peaceful and stabilising role in the world, one that has grown since the end of the war. As the post-Cold War world
      234 words
    • Article
      Hope for a new Japan
      122 12 MOST Asians, their sufferings under Japanese rule in World War II notwithstanding, still respect the Japanese and wish them well on the occasion of Emperor Akihito's enthronement. But it can't be overlooked that there are still unrepentant Japanese who want to recreate the past. Whether
      122 words
    • Article
      New learning
      126 12 TELEVIEW should bring fun to learning and provide the answer to Singaporeans' quest for education. The Singapore Teachers' Union has already come up with the software programmes for the teaching and review of English, science and mathematics. The Chinese, Malay and Tamil teachers' unions have also been encouraged
      126 words
  • REGIONAL VIEWPOINTS
    • Article
      Drastic action needed fast
      176 12 FROM time immemorial, the mighty Chao Phya River has breathed life into a huge expanse of land in the central ricebowl and the millions of people living on its banks. But, in recent years and to our shame, this River of Kings has been subjected to
      176 words
    • Article
      Begging for stability
      198 12 INDIA'S new prime minister, Chandra Shekar, is due to face Parliament this Friday to show that his minority government can create a working majority with groups in the legislature. But the president seems to have little choice. On the evening of Nov 7, India's Parliament voted the
      198 words
    • Article
      Higher freight costs
      123 12 WHAT benefit does the Malaysian International Shipping Corp (MISC) get from its membership of the Far Eastern Freight Conference (FEFC), the shipping syndicate that dominates the region? And how much of this goes down the line to Malaysian exporters and importers? The questions arise anew in the
      123 words
  • Article
    Lock icon New York heading for hard times?
    1061 12 New York may be on the brink of fading out as a great financial centre and the creative heart of the country. But the city has pulled through before NYT EVERY so often. New Yorkers find themselves whistling past the graveyard. A recession sets
    NYT  -  1,061 words
  • Page 12 Advertisements
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      115 12 Now you can afford the best PC why buy anything else. in: s t: <0* •i' v. I J. If you're in the market for a PC you may have thought an HP Vectra PC was out of your league. Not any more. Now you can have the proven reliability
      115 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 DOONESBURY BY GARRY TRUDEAU WHAVSA YOU BUT VO, SIR. I GOTTA OUONDER MT&JI/iv question, wo* of our what Hope Does a smau. con- so. you've wnSrt* SOOER' OBJECTIVE IS TIHGEKT OF OUTSIDERS HAVE REAP u nJuF THE ESTABLISH OF DOING WHAT THE LOCAL POPU HISTORY L aZA TZI WENT OF
      64 words
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  • ANALYSIS
    • Article, Illustration
      Going for selective diversification
      1364 13  -  Schutz Lee reports on Brunei's efforts to lessen its dependence on oil and to wean its workers away from civil service jobs Schutz Lee BRUNEI is committed to diversifying its oilbased economy through foreign investments. But it will be selective. Generous and attractive incentives await those
      1,364 words
    • Article, Illustration
      Lock icon Slowdown round the corner
      575 13 The chief culprit is Japan's higher interest rates Reuter HIGHER interest rates and weaker capital spending are expected to slow Japan's economic growth to 4 per cent or lower next fiscal year, from an expected 5 per cent in the year to March 31, 1991, economists
      Reuter  -  575 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      97 13 m m The Interhome Collection Forever Exclusive Forever Luxurious Fully Imported original from Italy i i r bfijKs miY I W j Jm 1 i f ■-J I f Nat 651 Super soft Ist grade aniline leather Fibre fill filling Anti-dust water repelling Outstanding design Unparalleled comfort One of our
      97 words
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  • ADVERTISING & MARKETING 1
    • Article
      Property slowdown will hit harder next year
      447 14  -  In the second of a series of country reports on the Asian advertising industry, Sangeeta Mulchand takes a look at Thailand Sangeeta Mulchand THAILAND'S advertising industry is expccted to feel the effects of the property market slowdown even more sharply next year. The
      447 words
    • Article
      J Walter Thompson clinches $7.5 m Singapore Telecom account
      423 14 COPY MULTINATIONAL advertising agency J Walter Thompson has clinched the $7.5 million Singapore Telecom account following a sev-en-way tussle. The assignment, effective from next January 1, will include handling residential services, post office services and pay stations. Telecom's hefty advertising budget
      423 words
    • Article, Illustration
      Hotel Properties moves into specialist retailing
      498 16  -  By Suzanne Soh Alocallylistcd hotel and property group has ventured into retailing because it could not find suitable tenants to fit in with its specialist retail concept for the hotel's shopping arcade. Hotel Properties Ltd (HPL), which owns Orchard Road's Hilton International hotel, recently
      498 words
    • Article
      Times Travel to enter the cruise market
      283 16 SINCHEW Travel, which changed its name to Times Travel at the end of last month, is planning to enter the cruise market. "We are asking to be appointed as local general sales agents for a very lucrative passenger cruise," said Mr Yeo Eng
      283 words
    • Article, Illustration
      Lock icon An open, puzzling letter from Burger King
      448 16 NYT IT WAS a puzzling declaration with an even more puzzling provenance. Burger King, without explanation, took out large advertisements in newspapers all over the United States to say that the fast-food company "wishes to go on record as supporting traditional American values
      NYT  -  448 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      235 14 INTRODUCING THE FASTEST FINE FOOD IN TOWN! "Delicious! We've time for another coffee." vV "Sure, ice can take the MRT hack to the office. I Let's do this more often!" SIEMENS The scope of activities of Siemens in 1 Southeast Asia extends across W HB- J spectrum of HH electronics.
      235 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      222 15 BmH| At American Express, we HBHI relentlessly pursue and Card* 'A •rr i f deliver superior service and believe that our Cardmembers have a right to expect it. That's why we've created our quest for service excellence in Singapore. As a Cardmember, we value your opinion. So we would like
      222 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      95 16 ■P >? >^*"' .-*>.t.-" 4J*}' J-s**.; < j"l 9 4 v 'fl j f v- :T^-'- 1 V' It's not surprising. With a network that covers more than 140 destinations in 77 countries worldwide, you could get to any destination effortlessly with KLM. And with Europe at our dmrtstep, you
      95 words
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      Page 16 Advertisements Column 2
      278 16 BUSINESS TJ__M_E__S TELEPHONE: 730-59 37/ 5902/5942 FAX: 73 4-4 9 8 2 As Singapore's leading banking The Reward group, the United Overseas Bank (UOB) Group offers exciting Qp COMMITMENT career opportunities for those who excel themselves in the A \jr\ I TTIVr^TT challenging and progressive ALLLLL.iL world of banking. Is
      278 words
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  • SPORTS
    • Article, Illustration
      Lock icon Edberg scrambles to defeat Sanchez
      584 17 Agencies WORLD NUMBER ONE Stefan Edberg had to be jolted into victory over Emilio Sanchez in the opening match of the ATP Finals in Frankfurt on Tuesday. The Spanish world number eight is the lowest ranking contender in the new version of the Masters contest.
      Agencies  -  584 words
    • Article
      Lock icon International jury picked for America's Cup
      377 17 AP AN INTERNATIONAL jury has been selected for the International America's Cup Class World Championships and the 1992 America's Cup regatta, officials in San Diego announced on Tuesday. The America's Cup Organising Committee and the Challenger of Record Committee said that the jury would
      AP  -  377 words
    • Article, Illustration
      Lock icon Olazabal aims for second title
      231 17 UPI JOSE-MARIA OLAZABAL of Spain will aim at his second title in Japan this week when he will tee off along with 39 foreign and 45 Japanese players in the 200 million yen (US$l.5 million) Dunlop Phoenix, Japan's ri- chest golf tournament. Olazabal captured the
      UPI  -  231 words
    • SIDE LINES
      • Article
        Alcala takes lead in Tour of Mexico
        118 17 MEXICAN Raul Alcala took the lead on Tuesday in the Tour de Mexico, two seconds ahead of the Soviet Union's Dmitri Nelubine at the close of the 10th stage. Nelubine had been leading Alcala by one second since the race's seventh leg in
        118 words
      • Article
        Cost of injury
        85 17 AUSTRALIA'S national obsession with sport costs it Asl billion a year in injuries. An official report released in Canberra yesterday blamed the toll partly on physical education standards in schools which it said would be inferior in many Third World countries. The government-funded report, by health expert
        85 words
      • Article
        Hanley stands tall
        53 17 GREAT BRITAIN captain Ellery Hanley led champions Wigan to a 36-6 romp over Hull Kingston Rovers in the First Division in Hull on Tuesday. The loose-forward, one of five members of last weekend's Great Britain Test side, scored two tries as Wigan stepped up its bid to
        53 words
      • Article
        Kassapu's haul
        74 17 THE absence of European champion Vladimir Kuznetsov left the way clear for Fiodor Kassapu of Soviet Union to take the middleweight (75kg) title at the world weightlifting championships in Budapest on Tuesday. Kassapu was victorious in the snatch and jerk and was 15kgs clear of second-placed Andrei Socaci
        74 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      205 17 IH f %i j^H i v: X H|| A a H Mitsubishi HSR. The star of The Singapore International Motor Show: a 300km/h rolling laboratory that was used to develop all Mitsubishi cars. For those of you who missed it at the show we're pleased to announce that it is
      205 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      1127 18 WHERE TO WINE. DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE ill Some like it hot. J Spicy S/echuan dishes served .11 luik h ami dinnei ti.ulv 111 ihecttol. inviting atmosphere of S/eihuan Court. Reservation. ;W0 8:110 or 338H38.1 ext Hil.VVti «»H| £f| Thi Wistin
      1,127 words
    • Advertisement
      Page 18 Advertisements Column 2
      135 18 CULINARY CREA3TVTIY AT KVKRY DINING, (furama (Palace tut*** n KONG KONG I)IAN XIN SERVED FOR LUNCH DAILY A hmm ———MMMMMW Baked Seafood in Crab Shell 1 Spicy Duck's Tongue 112 00 Stewed Cioose Web with Chinese llert» Braised Pearl Abalone with Sea Cucumber ***** Double Boiled Fresh Water Pish Soup
      135 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      720 18 TELEVISION AND RADIO i ill iiiirwiiiW-rrirnwri iiTiQut i t :x v rn X* 934 Flec,ed «.S7 S'F, w M I BUSINESS ON RADIO Facing trie tacts T 5 680,89,9^..^^.. A tiVAAA O V W V,need that Shelley is expen- 8.00 News (M). 7.10 am, 9.25 am, 1.30pm, encing a spate
      720 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Up, down, up, down and around they go
      829 19  -  People are still buying pictures, even though prices have come down a fair bit, with sales and prices at auction about about 25 to 30 per cent less than six months ago. Rita Reif reports Rita Reif NYT THE auction world continued
      NYT  -  829 words
    • Article
      Lock icon Subtle shifts of style
      489 19  -  Bernadine Morris reports on changes in women's evening wear Bernadine Morris NYT MANY evening clothes have changed less in the past century than almost any article of apparel except perhaps men's cravats. A woman who would have been appropriately dressed for a turn-of-the-century salon would probably
      NYT  -  489 words
    • Article, Illustration
      And you said I could not write
      455 19 CHATTERBOX A TEACHER once told Bruce Joel Rubin that he would never cut it as a screenwriter. Now, the writer of Ghost, the year's top box office draw so far, and Jacob's Ladder, last week's top draw, is looking forward to his 30th
      455 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      300 19 AND ENTERTAIN I The Happiest Hours In Town. i U>hi»M I n~" DAILY OI"l MN<, I lh KN I -lE'cL JT hamioiam Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. ANA HOTEL
      300 words
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      Page 19 Advertisements Column 2
      270 19 NOTICES la The Matter Of The Companies Act, Cap. S$ And In The Matter 0( Law Yap Garment* Ca Pte Ltd (Incorporated in Singapore) At an Extraordinary General Meeting of the Company held at 2816 Taman Lumba Kuda, ***** Alor Setar, Kedah, West Malaysia on 12th November 1990 the following
      270 words
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      Page 19 Advertisements Column 3
      357 19 IN THE MATTER Of THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF YAT DESIGN TRADING CO. PTE. LTD. (In Msmtoore Voluntary Wincing-Up) At an Extraordinary General Mealing ol the abovenamed company duly convened and held at 101 A Upper Cross Street. *11-22 People's Park Centre. Singapore 0105 on
      357 words
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      Page 19 Advertisements Column 4
      485 19 THE COMPANIES ACT. CAP. SO U FENG HANG PTE LTD (In Liquidation) At a general meeting of U FENG HANG PTE LTD duly convened and held on the 12th day of November. 1990 the following special resolution was passed SPECIAL RESOLUTION That the Company be wound up voluntarily pursuant to
      485 words
    • Advertisement
      Page 19 Advertisements Column 5
      44 19 Sumptuous Teochew Cantonese Dian Xin Lunch from $2.40 v Daily at Centrepoint: Centrepoint JHfOrchard Road Tel: 733 3338 Only on Saturday, Sunday 111 [fjjf Holiday at Battery Road:- Wl-H lTll 9 Battery Road «81-00 TEOCHEW CITY Straits Trading Building Tel: 532 3622 SEAFOOD RESTAURANT
      44 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Stocks close mixed as rally runs out of steam
      4657 20  -  By Quak Hiang Whai AFTER two days of advances this week, the Singapore stock market ran out of steam yesterday, closing slightly lower on a mixed and lethargic note. Dealers said weaker closes on overseas stock markets also helped keep investors
      4,657 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4087 21 Main Board DBS Foreign 965 +25 +2.7% UOB Foreign 560 +25 4-4.7% UOB 550 20 +3.8% PM Hldgs 240 +20 +9.1% H Royal 192 +15 +8.5% OUB 440 +14 +3 3% Robinson 273 +12 +4.6% SIA Foreign 1280 +10 +0.8% SIA 200 1020 +10 +1.0%
    4,087 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      204 22 Company Oat# 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) 16TE06TE) GH Goti Nov 5 tun 90 $8.167(—) 4 1(—) FAI Ins Nov I Jun 90 AJ18.237($60,043 8 0(27 1) 90(90) Kemayan
      204 words
    • Article
      CORPORATE DEVELOPMENTS
      359 22 Nov 13 Mnf Court has finally been given the go ahead tor its proposed hotel extension protect a 58 room extension and to convert the existing basement car park into a shopping arcade, subject to the payment of development charge, and submission of its revised plans within six
      359 words
    • Article
      PROPOSED ISSUES
      473 22 Company Rights Issue Mcom Onttor two MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares ol MM 10 each at M$1 per share with 10m detachable TSR BoAor One tor tour MS2 00 per share Cauxwiy fry Threetor tour fe $0.60 per share f*C8 Capital Reduction
      473 words
    • Article
      PRELIMINARY RESULTS
      127 22 Company Date Year Group pro-tax Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) SPH Nov 9 Aug 90 $194.085($135,420) 54 8(38 8) 35h(25) Lingui Nov 8 Jun 90 M$3,5861 ($15,8091) EMS Nov 6 Jul 90 $20,6091 ($6,236) —(9 3a) 3TE(2.3TEa) New World Dev Nov
      127 words
    • Article
      INTERIM RESULTS
      342 22 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend C000) Summa Inv Nov 12 Sep 90 $3441 ($4,0531) HK Tel Nov 9 Sep 90 HK$2,590d($2.323d) 30.4(26) Chem Ind Nov 8 Sep 90 $4,460(54,086) Murata Nov 7 Sep 90 6.236f(ll,473f) 15(15) George Kent Oct 31 Jul 90
      342 words
    • Article
      DIVIDENDS ANNOUNCED
      746 22 Current Ex Books Date Total for Total for payment data dose payable the year last year Acma 5%TE (I) Oct 19 Oct 31 Nov 15 5%TC USB 10%(b) lan 4 Jan 18 ian 28 10% 12* Antah 6%(b) No* 22 Oec 6 Dec 28 6* 6* Avtno 75%TE(I)
      746 words
    • Article
      RESULTS DUE
      655 22 Singapore Stocks Last Full Year Company Penod Date Year Net EPS Grots Net imounctd endhg (cents) 4v profit last f a (J-000) Item Mat Wenm Mar 30 Dec 89 5351(h) Spore l«J Fid No* 3 Aug 90 6.4(a) 75(a) 15.842 HIP ttfci Interim Nov 8 Mar 91 2
      655 words
    • Article
      APPROVED ISSUES
      413 22 Company Rights Issue CIM Five-tor tour <& M$4 00 pet share Ex-date Nov 23 Books close Dec 7 Acceptance Payment NYA Emtti One-tor-one MSI 00 per share Ex-date Nov 5 Books close Now 19 Acceptance Payment NYA M Bartix One-tor two MS5 00 per share Ei-date: Oct 24
      413 words
    • Article
      BONDS, LOANS & WARRANTS
      770 22 BONDS, LOANS WARRANTS Company Conversion period Conversion term for on® ordinary share CiC Nt Before 26/4/93 1 warrant ptus S3 09 cash Cauwway Loan CaiMway Nt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant plus $1 nominal amount of loan stock Ouan lie Notes Ctuan thqi Nt
      770 words
    • Article
      COMPANY MEETINGS
      148 22 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. Vlfaf Tai HoMngs Ltd: EGM at Seminar Room 11. Level 6. Carlton Hotel. 76 Bras Basah Road. Singapore 0718 on Friday. Nov 16.
      148 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      126 22 ENTERTAINMENT WITH A DIFFERENCE Embark on a novel and refreshing way to entertain lE' [["111 i your visitors and guests on Orient Charters' 11 use it as a venue for mini-seminars. directors' meeting. IfGggraK [Hi anniversaries, birthdays...the possibilities are endless. 1 Savour cuisine of your choice Jj specially prepared by
      126 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Investors stay away on poor overseas leads
      3761 23 Bernama SHARE PRICES in Kuala Lumpur closed mixed in featureless trading yesterday as investors refrained from taking up positions on poor leads from major overseas bourses. The KLSE Composite Index rose a mere 0.65 of a point to 472.85 while the Industrial Index
      Bernama  -  3,761 words
  • Page 23 Advertisements
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends a see-saw day weaker
      2273 24 Reuter TOKYO STOCKS closed weaker yesterday after a day of thin trade in which buy and sell programs battered the indices between positive and negative territory. Some investors bought selected shares backed by specific incentives but most of the day's action was related to
      Reuter  -  2,273 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares slightly firmer on steady overseas buying
      2325 24 Reuter THE Hongkong stock market ended slightly firmer yesterday but below its highs in moderate trade after some steady buying from overseas institutions, brokers said. In afternoon trading the blue chip Hang Seng index consolidated above the 3,000 level, which it breached just
      Reuter  -  2,325 words
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  • REGIONAL STOCK MARKETS
    • Taipei firms as confidence seeps back
      • Article
        AUSTRALIA
        1037 25 AUSTRALIAN shares closed slightly weaker yesterday in featureless trade as the market refocused on the debt problems of News Corp and Adsteam. "It was really nothing to write home about and not a real news day at all except for the renewed selling pressure on News Corp and Adsteam,"
        1,037 words
      • Article
        NEW ZEALAND
        273 25 NEW ZEALAND shares drifted down yesterday to end at another six-year low on sentiment brokers described as neutral. The Barclays index estimate fell 16.80 points to 1,273.99 its lowest level since early November, 1984. "There are still no signs of any solid support coming in, unfortunately. The market
        273 words
      • Article
        BANGKOK
        589 25 BANGKOK stocks closed lower yesterday on a broad front as investors took profits amid rising interest rates and continuing tension between ministers and the Thai military, brokers said. The SET Index ended 7.24 points lower at 652.13 in sluggish trade. Bangkok Baht VoKDO) Alucon American Standa Asia Credit 102
        589 words
      • Article
        TAIPEI
        345 25 TAIWANESE stocks finished higher yesterday on strong financial issues and investors seemed to have gained some confidence after Tuesday's 6.74 per cent rise, dealers said. The weighted index surged 111.22 points, or 2.97 per cent, to close at 3,850.27. Turnover was $69.1 billion against $40.7 billion. Taipei No* 14
        345 words
      • Article
        SEOUL
        888 25 SEOUL stocks ended the day down yesterday in erratic but active trade as indi- viduals took profits while the stabilisation fund led institutional buying, brokers said. The Composite Stock Index lost 5.17 points to 704.89, with volume at 192.5 billion won against 262.3 billion on Tuesday. Falls led rises
        888 words
      • Article
        MANILA
        476 25 MANILA share prices rose across the board for the second day in a row yesterday following overseas reports that war in the Gulf was not imminent, and speculations that a major blue chip company would make a hefty dividend, brokers said. The Manila Stock Exchange Composite Index was 4.39
        476 words
      • Article
        JAKARTA
        507 25 LACKLUSTRE trading on the Jakarta Stock Exchange depressed shares yesterday and the Composite Index slid 3.91 points to 402.51 while turnover fell to 964,500 shares from Tuesday's 2.21 million. brokers said. Jakarta Rupiah VoM-OO) Abda 2650 Ahap Insurance 3100 600 25 Alumindo Perkasa Utama 6300 150 60 Aqua Golden
        507 words
      • Article
        Untitled
        445 25 Close Previous No* 14 SYDNEY All Ordinaries Index 1345.2 1,348.8 -3.6 All Industrials Index 2006.5 2,013.9 -7.4 All Resources Index 830.4 831.4 -1.0 Turnover (million) 85.36 92.58 -7.22 BANGKOK SET Index 652.13 659 37 -7.24 Turnover (million) 27.09 JAKARTA Composite Index 402.51 406.42 -3.91 Turnover (nearest '000) 964.50 2,210 -1,245.5
        445 words
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  • WORLD STOCK MARKETS
    • Dow eases as sellers cash in their gains
      • Article, Illustration
        NEW YORK
        936 26 AFTER having surged about 100 points in the past three sessions, blue chips edged lower in New York on Tuesday as oil prices moved higher and profittakers cashed in their gains. The Dow Jones industrial average dipped 4.94 points to close at 2,535.40 on a volume of 160.2
        936 words
      • Article, Illustration
        LONDON
        732 26 SHARE PRICES ended slightly higher on London's Stock Exchange on Tuesday after a lacklustre session. said trading was subdued by the stalemate in the Middle East. The Financial Times-Stock Exchange 100-share index was up 4.1 points, or 0.2 per cent, at 2,056.0. The Financial Times 30-share index was up
        732 words
      • Article
        FRANKFURT
        386 26 GERMAN shares opened lower in quiet trading yesterday, with most operators disappointed that a break through the 1,420 point level on the 30-share DAX in Tuesday's trading had not been sustained during the session. Dealers said a conclusive break through the psychological barrier would have opened an upward path
        386 words
      • Article
        JOHANNESBURG
        297 26 THE Johannesburg stock market opened steady yesterday as leading mining shares regained a little of Tuesday's losses with help from a partial retreat in the financial rand after Tuesday's sharp gain, dealers said. At 10.15 the JSE All-Gold index had recovered slightly to 1329 after falling 32 points to
        297 words
      • Article
        ZURICH
        177 26 SWISS shares traded a touch easier at midsession in lacklustre trading yesterday in line with the lower start in Frankfurt and Wall Street's slightly easier overnight close, dealers said. The SMI index of leading shares fell 7.7 points to 1,407.5 and the all-share SPI index was 5.5 points easier
        177 words
      • Article
        PARIS
        256 26 FRENCH share prices were lower at mid-session yesterday in a technical correction after three consecutive days of gains, but volume was wafer-thin, dealers said. The CAC-40 index was 12.34 points or 0.77 per cent lower at 1,597.79 by 1138 GMT. Dealers noted that profittaking took the index below the
        256 words
      • Article
        BRUSSELS
        177 26 BELGIAN shares opened mainly lower yesterday with trading focussed on technology high flyer Barco which plunged 6.4 per cent to 1,312 francs per share. Volume was 122 million francs 45 minutes after the opening. Brokers said foreign investors, fearful about Barco's earnings prospects, were heavy sellers of the stock.
        177 words
      • Article
        AMSTERDAM
        255 26 DUTCH shares were mixed in very thin midsession trade yesterday as light demand for selected stocks helped push the CBS tendency index 0.1 point higher at 94.7. "After a slow start some speculative demand emerged for VOC, while there was also light institutional buying in quality stocks," a dealer
        255 words
      • Article
        TORONTO
        260 26 TORONTO stocks rallied in afternoon trade on Tuesday, rising more than 27 points before stumbling just before the close. "The trend seems positive for the next few days," said Joe Ismail, an analyst with Security Trading Inc. The Composite Index gained 15.1 to 3,133.08 on volume of 22.8 million
        260 words
      • Article
        Untitled
        193 26 Nov 13 Close Previous NEW YORK Dow Jones 2,535.40 2,540.34 -4.94 NYSE Financial 116.02 115.84 +0.18 SAP 500 317.67 319.48 1.81 Turnover (million) 160.2 162.3 -2.1 LONDON Financial Times 30 1,593.6 1,589.71 +3.9 FTSE 100 2,056.0 2,051.92 +4.1 Turnover (million) 422.9 478.3 -55.4 AMSTERDAM CBS Tendency Index 94.6 94.5 +0.1
        193 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lack of fresh factors sees quiet day for the dollar
      1231 27 FOREX MARKET REPORTS THE AMERICAN DOLLAR yesterday traded barely below Tuesday's Frankfurt close against the mark in quiet early European trade amid a lack of fresh factors. The US unit opened at 1.4785 mark in Frankfurt yesterday after 1.4790 at
      1,231 words
    • Article
      INTERBANK FOREX RATES
      388 27 Cross rates novm USS SS MS Dm Yen SFr AS NZS USS 1.7130 2.7010 1.4793 129.65 0.5112 1.2535 1.2987 1.6380 SS 0.5838 1.5768 0.8636 0.7569 0.2984 0.7318 0.7581 0.9562 MS 0.3702 63.42 0.5477 0.4800 0.1893 0.4641 0.4808 0.6064 Dm 0.6760 1.1580 1.8259 87.64 0.3456 0.8474 0.8779 1.1073
      388 words
    • Article
      MONEY MARKET
      562 27 Interbank rates SS Bid Offer Overnight 5 1/4 5 1/2 1-month 6 3/8 6 1/2 2-month 6 1/2 6 5/8 3-month 6 1/2 6 5/8 Overnight mode: 5-1/4 LS$ Bid Offer 7 days 7 7/8 8 1 month 7 13/16 7 15/16 2 months 8 1/16 8 3/16
      562 words
    • Article
      Lock icon Sterling languishes amid fears of political upheaval
      638 27 Reuter STERLING is showing little or no support ahead of a possible major political upheaval, but the market is likely to soon run into aggressive central bank intervention, analysts said. Political worries ahead of a possible leadership challenge to Prime Minister Margaret Thatcher
      Reuter  -  638 words
    • Article
      FINANCIAL FUTURES
      1187 27 SIMEX EUHOOOUAW Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.10 92.10 92.08 92.10 1520 ***** 2419 Mar 91 92.45 92.46 92.43 92.46 5025 ***** 6179 Jun 91 92.45 92.48 92.45 92.48 1515 5141 1466 Sep 91 92.35 92.36 92.35 92.36 749 1112 329 Dec 91
      1,187 words
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  • COMMODITIES
    • Article, Illustration
      Buffer stock chief gloomy about rubber market
      288 28 INTERNATIONAL Natural Rubber Organisation (Inro) buffer stock manager Aldo Hofmeister says he is rather pessimistic on the outlook for rubber. "I am somewhat pessimistic of the market," he said in Kuala Lumpur on Tuesday. "There is a good likelihood of intervention in the
      288 words
    • Article
      Lock icon Inro defers buffer stock decision
      181 28 Bernama THE INTERNATIONAL Natural Rubber Organisation council has deferred taking a decision on the recommendations and conclusions of a report by its London consultants calling for improvements to its buffer stock operations to the next session of the council to enable members to conduct an
      Bernama  -  181 words
    • Article
      Profit-taking sends gold lower in Hongkong
      826 28 REPORTS LATE PROFIT-TAKING after Europe opened triggered follow-through selling in Hongkong yesterday, pulling gold down to close near its day's low. Some dealers said early producer selling from Australia encouraged some liquidation of long positions. Bullion ended at U*****.30/80 an ounce against New York's
      826 words
  • Article
    PRICES
    1370 28 Rubber Nov u US thk 1m tdw) S cents/kg Noon Close Int I RSS Prompt 155.75/156.75N I55.7VI56.75N Inl I RSS Dec 90 155.75/156.75 I55.7VI56.75N Int I RSS Jan 91 154.50/155.00 154.75/155.25N Int 2 RSS OP I50.00/I52.00N I50.2VI52.25N Int 3 RSS OP I45.00/I47.00N 145.25/147 25N Int 4 RSS OP 141.00/143.00N
    1,370 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      859 28 NOTICE NOTICE IS HEREBY GIVEN that. I. Khaw Kwien Aun of Apt Blk 254 Kim Keat Ave, #11-102 Singapore 1231. have applied for a Second Class Beer House licence in respect of premises at M s Delifrance Singapore Pte Ltd at 152 Beach Road. #B1 02, Gateway West, Singapore 0718.
      859 words
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      Page 28 Advertisements Column 2
      7 28 Executive Jobs every Saturday in Business Times
      7 words
Page thumbnail Page 29
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1049 29 City Flight ETA Flight ETO Abu Dhabi GA975 1125 KL840 2115 GA887 1225 KL839 1455 Adelaide SQ228 1900 QF5 2000 2 Amsterdam SQ23 0740 GA894 0010 GA975 1125 KL840 2155 KL839 1455 SQ24 2215 SQ23 1815 Athens 0A472 0050 Auckland NZ24 18 2 5 E8/11 BA11
      1,049 words
    • Article, Illustration
      Check in to luxury and variety
      480 29  -  LETTER FROM HONGKONG By David Churchill Business travellers to Hongkong are still able to enjoy the benefits of perhaps the widest selection of luxury-class hotels of any city in the world, combined with some of the lowest prices for such top-quality lodgings. The aftermath
      480 words
    • Article
      MONEY CHANGER RATES
      150 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3120 1.3320 Canadian dollar 1.4320 1.4720 NZ dollar 1.0300 1.0630 Sterling pound 3.3320 3.3320 US dollar 1.7080 1.7180 Local dollars to 100 units of foreign currency Austrian schilling 16.20 17.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      110 29 Duration Title Venue Otgan.ser Tel Duration Title V«tue Td Nov 12-15 Fire East 90 Hongkong FMJ International *****8611 Fair for Del Pacifico Publications Agriculture Ltd Livestock, Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 l ,Shery A Rubber Fair Association Agromdustry iwoun Nov 14-20 International Paris Sopros-Blenheim
      110 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      52 29 THE Wn te Style There was unanimous agreement that the level of English used is easily understood. Most found the writing style lively From a recent survey on The New Paper by the Singapore Press Holdings Research and Information Department, October 1990. afest news anc From 'unch-time. IS&SOfIR I Mcmday
      52 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      273 29 Rampage? Pat's wrapped up in it (6-5) 9 Chap getting a kiss from Bi Douglas, perhaps? (4) r for 11 Hideous-sounding cross 14 Flower to flourish outside ~~~"MBHr 16 Judge to make mention of iB~~ l|^ two points (7) > 17 Island of saint and prophet HT 18 Yorkshireman pretty
      273 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      217 29 Singapore Outlook: Showers and gusty winds, with temperature between 24 and 33 degrees Celsius. Forecast: Maximum temperature 30.4* C Assoc humidity 68% Minimum temperature 24.0T Assoc humidity 96% Hours of sunshine 2.00 Rainfall in mm 7.3 Rainfall this month.... 83.4 Rainy days this month 7 World forecast Asia-Pacific Hi/Lo* Cond.
      217 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      15 29 fodgcujcnT ppst t Live cnßßr>nep Lire.... CfttTT BCLICVCIT... UiITMOOT SHOUTING,... STANDARD CO. LTD, 1 *2-1990
      15 words
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  • Article, Illustration
    More roles suggested for elected president
    539 30  -  Select Committee hears views of two groups, three individuals By Anna Teo JUST who should be eligible to become an elected president, and what his political affiliation should be, were among the key issues raised at the Select Committee hearing on the constitutional amendment
    539 words
  • Article
    HK curbs tax benefits of leveraged leasing
    290 30  -  From Catherine Ong in HONGKONG IN A move to stem a "major haemorrhage" of public funds, Hongkong yesterday announced new laws to curt) the use of leveraged leasing as a tax shelter. The proposed legislation will apply to transactions entered into from today,
    290 words
  • Article, Illustration
    Voter apathy doing US democracy a disservice
    687 30  -  The Bottom Line PATRICIA SCHERSCHEL PATRICIA SCHERSCHEL The writer is Features Editor of BT and Executive Editor of Singapore Business magazine THE FACT that only a handful of incumbent US Representatives and Senators lost their seats in Congress in the Nov 6 election
    687 words
  • Article
    Olivetti to axe 7,000 jobs worldwide
    168 30 ITALIAN office equipment and computer giant Olivetti, faced with dropping sales and sharp international competition, plans to axe 7,000 jobs in Italy and abroad. Labour Minister Carlo Donat Cattin announced in Milan that the company wants to dismiss 4,000 work- ers in Italy and
    168 words
  • Article
    Lock icon 'Last chance' Arab summit in jeopardy
    472 30 The Gulf Crisis Agencies IRAQ PUT a "last chance" Arab summit on the Gulf crisis in jeopardy yesterday by insisting on new conditions for taking part, while Saudi Arabia implicitly rejected Morocco's call for the summit as long as Iraq refused to withdraw its
    Agencies  -  472 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      113 30 PiageT ujjer fiv mmxMitE im is m (,wM w V f 9hmt i .i^Umton •'"v "\l HHHH .g|^njjj? -v P' v t, K&'» (3ERRUTIIBBI HUM® MEN'S BOUTIQUES SHUpITUOH 2*I4HM #01 IS The Paragon, (V hard Road Tel: 2 K '*SS #02 S4 60 Wisma Atria, Onhard R«»aJ Til: 7M '»W
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      Page 30 Advertisements Column 2
      60 30 PlygeT HMJJER /;v mmKERIE MRUS 1X74 gfM'f. Gulf crisis could hit world banking: BIS, Pg 9 Iraqi envoy discusses Arab summit offer, Pg 11 Soviet diplomats in bid for summit to avert war, Pg 11 An On-line Investment Research System INVESTAMATIC Fundamental Analysis Technical Analysis Quantitative Analysis jjl SINGAPORE 225-1595
      60 words
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  • Shipping Times
    • Article, Illustration
      Second link with S'pore need not worry M'sia
      549 31  -  By Othman Abu Bakar THE SECOND link between Malaysia and Singapore, approved by the Malaysian Cabinet recently, should not unduly worry Malaysian ports because its impact on their trade is expected to be minimal. A Port Klang official said the Msl billion
      549 words
    • Article, Illustration
      Lock icon UK report on Alpha Piper blasts Occidental, authorities
      446 31 Reuter THE US OIL company Occidental Petroleum and British authorities bore the brunt of criticism in an official report published on Monday on the world's worst oil industry disaster in which 167 men died. The findings of a public inquiry led by
      Reuter  -  446 words
    • Article
      Lock icon End to UK telecom duopoly proposed
      208 31 AFP THE British government proposed on Tuesday to end the duopoly of British Teleeom and Mercury Communications as public telecommunications operators, unleashing a sweeping liberalisation of Britain's £14 billion a year telephone industry. In the House of Commons, Peter Lilley, Secretary of State for
      AFP  -  208 words
    • Article
      Corrections & clarifications
      49 31 Corrections clarifications AN ARTICLE yesterday on "High costs, weakening US$ squeezing liner agents" wrongly named Mr A R Jumabhoy as chairman of the Singapore National Shipping Association. He is the second vice-president of the association. The SNSA chairman is Mr Lua Cheng Eng. We are sorry for the error.
      49 words
    • Article
      Hong Lam plans to have its own shipyard
      307 31  -  By Malini Tambyah HONG LAM MARINE, a Singapore-based bunker tanker owner and operator, is moving into shipbuilding and shiprepairing through its subsidiary, Wyno Marine. Plans for its own yard space will be submitted to the Jurong Town Corporation next week with the
      307 words
    • Article
      Wah Kwong planning for overseas listing next year
      325 31 WAH KWONG Shipping, one of Hongkong's biggest shipowners, plans to list overseas next year provided it can recover from a steep fall in freight rates, said the South China Morning Post. Ten of its vessels have already been forced to renew charters
      325 words
    • NEWS SUMMARY
      • Article
        Smoother flight for airlines
        37 31 WITH the number of inbound passengers declining and higher oil prices, uncertainties surround Taiwan's airline industry. But the trend is not being felt. Instead, more airlines are planning bigger fleet buildup Page 2
        37 words
      • Article
        UK ports prepare for privatisation
        30 31 BRITAIN'S "trust" ports, already swept by changes in labour structure, are preparing for a wave of privatisation following enabling legislation outlined last week Back Page
        30 words
      • Article
        SAS seeks to cut US$ 178m next year
        37 31 THE Scandinavian airiine SAS has to make cost savings of US$l7B million in 1991 to cope with its planned five-year investment programme of up to US$4.4 billion. Back Page
        37 words
      • Article
        Soviet firm proposes global network
        34 31 A SOVIET company that has supplied much of the technology for the country's space programme proposed cooperating with US firms in setting up a global communications network Back Page
        34 words
      • Article
        TWA narrows net loss
        30 31 TRANS WORLD Airlines on Tuesday reported a net loss of US$l4.7 million for the third quarter, compared with a loss of U5529.9 million the year before^™™™^
        30 words
    • LOG BOOK
      • Article
        Big dock planned for Taiwan shipping
        99 32 THE BIGGEST dock in China to be geared especially to Taiwan shipping is under construction in Ningbo, a major port city south of Shanghai, the New China News Agency has reported. Stretching 81m, the dock in Ningbo's Shipu harbour district will be able to
        99 words
      • Article
        Japan to raise air fares
        110 32 JAPAN'S Transport Ministry will approve a 5 per cent fare increase for passenger and cargo flights starting in Japan and a 7 per cent rise for flights to Japan, a ministry official said. The higher airfares will go into effect on Dec 1, 1990 and
        110 words
      • Article
        MAS plane lands safely
        90 32 A MALAYSIAN Airlines Boeing 747-300 made an emergency landing on the northern island of Penang on Tuesday after one of its tyres burst during take-off in Medan, Indonesia, news reports said. The aircraft, which carried 144 passengers, landed safely and no one was injured. It was
        90 words
      • Article
        Strike paralyses Ecuador ports
        83 32 WORKERS in Ecuador's southeastern Austral de Oro province launched a two-day general strike that paralysed the main banana and shrimp-ports to protest the government's failure to complete promised development projects. According to one radio report the province and its main port, Puerto Bolivar, were almost totally
        83 words
    • Article
      COCKETT BUNKER MARKET REPORT
      877 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      877 words
    • Article, Illustration
      Lock icon Airlines plan fleet buildup
      1223 32 With the number of inbound passengers declining and higher oil prices, uncertainty surrounds Taiwan's airline industry. But undeterred by a possible slowdown, airlines are planning bigger fleets to head off competition. Journal of Commerce A CHRONIC seat shortage is likely to be replaced by an oversupply
      Journal of Commerce  -  1,223 words
    • Article
      THE SHIPPING GUIDE
      12366 40 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
      12,366 words
    • Article
      SHIPPING AGENTS
      3267 45 Containerize NV: Bclsin Shpg Agencies Pte Ltd (SVMarine Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SyAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Aibatros Sen-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,267 words
    • Article
      COURIER SERVICES
      247 45 Abacus Couriers Td: 545-8011. Fax: *****98. Air Kupms I ravel Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844 Fax: *****16. j *****80. Airswift Worldwide Courier Td: 278-0188. Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster Link Supplies
      247 words
    • Article
      AIR FORWARDERS
      1482 45 Abex Express Freight j Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerolink Freight International Td: 545-8033. Fax: *****05 Aerospeed Td: 542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06 Air Express International 1 Td: 542-7666. Fax: *****74.
      1,482 words
    • Article
      PORT CONDITIONS
      2972 46 AUSTRALIA Abbot Foin(: Coal: berth vacant; 4 vessels due by Nov 25; no delays. May Point: Coal: berth vacant; 4 vessels due by Nov 17; no delays. Dalrymple Bay: Coal: berth vacant; 4 vessels due by Nov 13; berth closed due to ship loaders repairs from Nov 11
      2,972 words
    • Article
      SHIP SALES & TANKER RATES
      660 46 SHIP SALES TANKER RATES VESSELS ON OFFER < SheKerdecfcers Silver Kris; 15,139 dwt and built 1973, on offer t at US$2 million. < Vanil: 15,600 dwt and built 1978, on offer at I around US$4 million. < Dascalos D: 12,831 dwt and built 1978, on offer 1 at around U553.25
      660 words
    • Article
      AIR FREIGHT SCHEDULE
      445 46 ARRIVALS DEPARTURES Op Flight Type ETA From Op Flight Type ETD To TODAY TODAY KAL KE697 B747F 0220 SEL KAL KE697 B747F 0450 BKK NCA KZ203 B747F 2005 NRT SIA SQ822 B747F 0540 BOM/LON FDX FM75 B747F 2235 ATL/BOS/JFK/ ANC/NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW TOMORROW
      445 words
    • Article
      CRUISE & FERRY SCHEDULES
      375 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Att Pep Name of Vessel ETA ETD Port Agent Ports of Calls NOVEMBER 16 16 Cora Princess 1200 1800 Sembawang Johnson Cniise-to-nowhere 17 18 Cora Princess 1800 0900 Sembawang Johnson Sin-Belawan-Langkawi-Sin 19 19 Song of Flower 1000 2300 Neptune Agencies Sin-Pangkor-Penang-Phuket 22 22 Cora Princess
      375 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        573 47 foul Voy Hi Berth tab* Pepartwt Vtttd *»T No Berth Aimal wfc!lrv Mik Vladimtr 45W P3W 14 11/2359 1611/1500 neppeiniums 1511/1500 Samson 4 4/90A P2A 1511/2230 1611/0600 S? S S 1411/ 900 Sinus 60 P2B 1511/0700 1611/0600 JJ°!L K34 2S 2011 2300 Southern Gl 14£/90 P4B 1511/2300
        573 words
      • Article
        CONTAINER SCHEDULE
        1056 47 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record BooU*/Bahnce fefts Voy No Etb/Btr Period From To From a m,m 1 Zm Is® it/SS 4 15/1200 15/1459 15/1700 AJ Ahmadiah 67A 15/2000 1 14/1500 14/1659 14/1900 M Shamiah /5A 16/0700 2 14/1700 15/0659 15/0900 3 15/0700 15/1159 15/1400
        1,056 words
      • Article
        IN MALAYSIAN PORTS
        347 47 Port Klang Berth at South Port on Nov 14: 3: Alam Aman; 4 Kris Merubt; 6: Megah Brooke 1; 1 Cheung Hing; 7A: Melaka idVd KCT: 8: Ocean Strength; 9: Gulf Bridge, Eagle Breeze 10: forth Port: H: Lenmno; 12: Gan Cheng; 14: Hyundai No 15 15
        347 words
    • Article
      DAILY FREIGHTS
      929 47 FEW FIXTURES were reported in the freight market on Tuesday with grain and coal exceptionally quiet, but grain rates remained stable, brokers said. A 90,000 tonne iron ore cargo for Tubarao/Gijon was booked at a firmer U557.75. A Panamax vessel on time-charter for delivery Rotterdam with redelivery SingaporeJapan
      929 words
    • Article
      Lock icon UK trust ports prepare for privatisation
      634 48 Reuter BRITAIN'S "trust" ports, already swept by changes in labour structure, are preparing for a wave of privatisation following enabling legislation outlined last week estimated to net the government around £500 million. The 55 ports will be sold off in the next few years,
      Reuter  -  634 words
    • Article, Illustration
      Lock icon SAS seeks cuts of US$ 178m next year
      271 48 AFP THE Scandinavian airline SAS has to make cost savings of US$l7B million in 1991 to cope with its planned fiveyear investment programme of up to US$4.4 billion, SAS president Jan Calzon said. He told a press conference that unprofitable divisions would
      AFP  -  271 words
    • Article
      Lock icon Soviet firm plans global network
      226 48 Reuter A SOVIET company that has supplied much of the technology for the country's space programme proposed cooperating with US firms in setting up a global communications network. United Space Device Corporation (USDC), which has about 15 factories across the Soviet Union, suggested using several
      Reuter  -  226 words
    • Article
      Lock icon TWA narrows net loss to US$ l4.7m
      129 48 NYT TRANS WORLD Airlines on Tuesday reported a net loss of US$l4.7 million for the third quarter, compared with a loss of U5529.9 million the year before. The airline's revenues were US$l.34 billion, up 5.5 percent from US$l.27 billion in the corresponding quarter
      NYT  -  129 words
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      428 31 SSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, S"PORE 2263 FAX: 861 -2946 TEL: 861 -5855 (5 UNES) TLX: RS ***** SHMCPL Sote Agent CIFA Also buy, sell ?f SingaPort '91 International Conference T 8" for the Maritime Industry J Raffles City Convention Centre, 8 THEME: SHIPPING
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      49 31 Air Forward** 15 Air Fraght Schedule 16 Cockett Report 2 Contawer Schedule 17 Courier Senses 15 Cruise Ferry schedules 16 Daly Freights 17 index to Advertisers 3 Port Conditions 16 Shppmg Agents 15 St*pp«*Gwde 10.11 Shpsaies/Tanker Rates 16 Shps Port 17 Singapore Tides 17 Weather and Sea Conditions 17
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      209 32 GEETAINERS CAN REDUCE OR CONTAIN YOUR f DISTRIBUTION COST IN I iBW FREIGHT MOVEMENT I WWW AND PACKAGING Wf/* Spedfication: Steel, Forkable, collapsible 1.5.0. container Container Cubic Tar* internal Dimensions External Dimensions Type Capacity Int. Width Width Length Height Width Length Height G5O Imp. 48.5ft.J 340 lbsJ 42*4 53 3
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      1969 33 JARDINE SHIPPING AGENClES™"^^™^^^^ tlllfl 200 Cantonment Road #12 06 Southpoint, Singapore 0208 All IF# Tel *****11 TELEX NO RS f lllim terminal cfs th *****18 220 rßMfla'l BOOKINGS Tel *****34 235 1 VvV# .J HSAKA JARDINE SHIPPING AGENCIES SON PORT KEIANG TEL: *****18 TELEX MA***** MA***** PENANG TEL *****4 TELEX
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      Page 33 Advertisements Column 2
      973 33 INDEX I TDMWRIjSERS Page Col Page Col IAI I M ABC Contained ,3 5 M.-Nels ,4 U2 Acxord (,rcH,p 8 1-3 Unc 3 4/5 Albatros Sea-Air 14 #M|S( |4 3 •AP C. Lines 13 4 .M sia ShpgCorp 9 1/2 APC Line 14 3 Mendelssohn 6 4/5 Anw Lines 9
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      Page 33 Advertisements Column 3
      2057 33 vessel Voy ETA I ETD 'Port 'Penarvg DESTINATIONS Singapore Kelang This MM MeiestK M 9006 Feedei by cv avii 0800 hrs HHI CFS I*ll »59 MRS M Tauro OAK LGB HOU MEM ATL MIA CHS BAL PHL NVC MON TOR MAJESTIC M 9006 20/11 21/11 In PI I 17/11 9/12
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      1188 34 J ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE KASUGA 10/12 4/12 6/12 3/M *12 TOKIO EXPRESS 96/540 18/11 5/12 8/12 10/12 CARDIGAN BAY 96/539 22/11 IVI2 13/12 10/12 16/12 BENAVON 97/543 25/11 12/12 15/12 '7/12 BREMEN EXPRESS 99/542 29/11 24/12 4 18/12 20/12 17/12
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      Page 34 Advertisements Column 2
      626 34 j i MUkl DIRECT SOUTH PACIFIC SERVICE SIN NOIJ SIV PPT 1 I FLOREANA 20-28/11 10/12 12/12 17/12 V! ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO APIA ft NUKUALOAFA DIRECT CHILE SERVICE S SIN IUU ANF VAP N I FLOREANA 20-28/11 30/12 31/12 4/1 Also accepting Cargo to
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      1143 34 regular independent full container service WESTBOUND FOR EUROPE ISL/VOY SIN ALC BU ftL ROT **T HAM ME LHA ALG) ROT) HAM) YORASIA SUN 9037 3 18/11 H/12 12/12 15/12 18/12 19/12 17/12 18/12 21/12 40RASIA PEARL 9038 3 26/11 17/12 19/12 22/12 24/12 25/12 26/12 27/12 29/12 NORASIA PRINCESS 9039-3
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      1787 35 FBM rr a "o luuw, iuuiauaj nuvrmucr i«i uju SjgSteamers Maritime Holdings Ltd P&O inv STRAITS SHIPPING wvr e Singapore to Brnntl. East Malaysia, Containers MJ*--ACCEPTS out SAILS Voy No PKlang S'poce Ston H6urg B'haven If dam IHi CARGO HASUGA I ***** -ban 12.11 15,11 11'[2 «<U 07(12 03/12 10(12
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      Page 35 Advertisements Column 2
      1809 35 SP LH ROM HAM B'HVN fix SPORE HK KAO KOB BU HANJIN LEHAVRE 010W 11/11 6/12 7/12 »/12 W1 11/12 HANJIN OAKLAND 010 C I*ll 22/11 25/11 26/11 2J/11 HAN N FELIXSTOWE 005W 24/11 1212 13/12 U/12 16/12 17/12 CHOVANC GLORY 001E 26/11 2*ll 30/11 3/12 6/12 CHOYANG PARK OUW
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      385 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION COSMIC PIONEER TRADER TRADER VOY NO 9 13 13 S pore In Port 15/11 22/11 P Kelang Sailed 11/11 24/11 Hongkong Calcutta Yokohama 2/12 Nagoya 30/11 W Osaka 30/11 Fully Bo** Bll Senboku Tokyo Hochiminh •For Discharging Only
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      565 36 rmgc HHHF CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY [SPORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA 30WB 26-29/11 28/12 4/1 8/1 W KUTAI2IWB 15-19(12 17/1 3/1 28/1 301 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria.
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      Page 36 Advertisements Column 2
      829 36 HANJIN SHIPPING WW J FULL CONTAINER SERVICE HANJIN LE HAVRE 010* I '"fTI" I L 6'l? r "'jT UM?"" wET HANJIN OAKLAND 010E 19/1} 14/12 \W HANJIN FELIXSTOWE 005W 2411 12 12 13,12 1412 16(12 17/12 CHOYANC GLORY 001E 2MI 2n» in i 2 CHOYANG PARK 011W 1/12 19 12
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      Page 36 Advertisements Column 3
      88 36 EUROZONE FREIGHT SERVICES PTE LTD NO 20. MAXWELL ROAD #12-02 MAXWELL HOUSE. SINGAPORE 0101 IE: Mun Hut ami iut n t*tm msm •WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From: TAIWAN HONGKONG EUROPE USA UK. Services To: BRUNEI ASEAN PORT S.E. MALAYSIA PROVIDE: INT L TRUCKING DOOR TO DOOR SVCS AIRFREIGHT
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      Page 36 Advertisements Column 4
      1348 36 d" T d I PKL SCP HKC KSG KLC PUS MKT OSK SJU TYO LA* SIX PTL CHS BAL NYC LHV ANN ROM FLXTMP MBC SGf> I t GUIDE RE CMb 13/11 In Pt 19/11 20/11 22/11 2VII 27/11 »<U 1/12 2/12 13/12 2S/12 27/12 25.L2 7/1 1/1 4/1 Uil
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      1590 37 snipping Times, Thursday November 15 IW® NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) J? BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVtCE— 27WM8 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44 *****14 jgpsgp%< CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 Jj E
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      Page 37 Advertisements Column 2
      1099 37 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 j VESStLS voy»ct |SPQ«K HUOHC VOYAGE SPORE PKLANG HBURG B'HAVEN TILBURY ROTT
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      1674 38 W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) W W TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 j I *M MALAYSIA HARPER WIRA SON BHO A TEL PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KISFN K\ IS H 1 TT). INDONESIA Pt. SARANA LAUT INTERNUSA tel jkt
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      Page 38 Advertisements Column 2
      1152 38 I ym PHIU-ORICNT LIN€S PT€ LTD l 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****22.*****69'*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR, LAND OR SEA SKcafeJr WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 17 NOV MONTREAL, Ottawa, toronto. 21
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      1556 39 asasaa pacific international lines (pte) ltd jy UtM P,L Building, 140 Cecil Street *0300, Singapore 0106. I JAKARTA ~1 I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EOEN 9038 17*11 19/11 23/11 PEGASUS PROGRESS M3N 17/11 20/11 24/11 EDEN 9039 23/11 25/11 29/11 SEA GLORY
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      Page 39 Advertisements Column 2
      1053 39 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint 1 Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT.. VESSEL IVQY SPORE PKLANG S HAMPTON HAMBURG B'HAVEN R'DAM LHAVRE Kasuga 1* 12/536 in~Pt ***** 4/12 6/12 3/12 9/12 Tokio Express 96/540 18/11 Via
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      Page 39 Advertisements Column 3
      313 39 tea MYANMA pßtfk FIVE STAR UWE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIO7W 19/22 Nov HPA-AN VIS7W 16/11 Nov 19/21 No* SITTWE V4BW 21/25 Nov (LOADING FOR RDAM/HMBG/ANTWP) THE BANK UNI (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE \H HEAVY LIFT CAPABILITY 1
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      818 42 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBC EUROPEAN SEN *Foio 15/11 illl 9/12 11(12 12/12 14/12 MECKLENBURG WMOO2 24,11 23/12 22/12 24/12 21/12 ASIAN SEN WfOS2 29/11 22/12 21/12 20/12 23/12 2S/12 BRANDENBURG KIMIOI &12 5/1 4/1 »/l 2/1 JAPAN SEN
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      Page 42 Advertisements Column 2
      1147 42 TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 17 NOV ft 24 NOV LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 23/11 ft 30/11 MANILA 17/11 24/11 PENANG 23/11 30/11 BUSAN 18/11 25/11 BANGKOK 17/11 21/11 TOKYO 22/114 29/11 HONGKONG 18/11
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      306 42 LOADING FOR (ALSO LOADING FOR BUENOS AIRES) VESSEL SPORE CBO DSN BAIRES MVIOtO RIO STS VIT PAGUA MOSTWEEN I WU 16/12 ***** 11 15/1 17/1 OPT ¥100*22 Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Ports. Spore P Keljnf Penanf loading tor GENCLIK Vl* 2 DEC 5
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      Page 42 Advertisements Column 4
      1158 42 r Sfa t B is Ifr CHIN* OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE til 2. MISTRI KOAD HMC BUILDING H***** #15-00, SINGAPORE 0207 CABLE COSTARLINE CR NO: **********0* General Agents: COSTAR SHOPPING PTE LTD TO EUROPE FROM EUROPE VESSEL VOY SCP FLX ROT HAM ANT OKK VESSEL/VOY FLX ROT
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      1081 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 17/11,21/11 EUROPE all Ports 16/11, 23/11 BANGKOK 17/11, 20/11 HONGKONG/CHINA 19/11, 23/11 SYD, MEL, ADEL, BRIS 20/11, 28/11 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 43 Advertisements Column 2
      816 43 tea.P T- MASKAPAI PELAYARAN WPULAU LAUT FULLY t6NYAlNEfcl§£b 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 t WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA 9ERVICE VSL VOY SIN JKT PAJ
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      Page 43 Advertisements Column 3
      598 43 BANGKOK CEBU/MANILA 1 VESSEL VOY SINGAPORE BANGKOK VESSEL [vOY SPORE CEBU MANILA Istßl BHUM# 470N Sun Mil Wed 21/11 TH ANA BHUM 46S 16/11 22/11 24/n~l JtWll>>K Wed 21/11 si! 24/11 SO ORIENT 47R 23/11 21/11 30/11 NANTA BHUM 16N 71/11 Sat 24/11 THANA BHUM 4SS 30/11 6/12 4/12 MAHA
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      Page 43 Advertisements Column 4
      397 43 TO AUSTRALIA/NEW ZEALAND VSL Singapore Frwwittt Mtibourna Sydney Auc*l»nS Ounadin c. verouk so 22/ ii am sai w mi u/u ANTWERPEN SI ~VU UO2 liju 22/12 2702 3002 TNT EXPRESS 213 ~3A Til Ti/i »1 2W 27(1 t huoig 2M an *H 5/2 Im u?2 na Alto accepting cargo to:AIISTRALIA
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      1050 44 *9 m MAC-NELS SINGAPORE If "port tel *****22 import tel: *****02 TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) "8679 KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) 2146jk I~IV/\~ Jj BAHRU TEL (07) *****2 SIBU TEL (084)*****2 LABUAN TEL (087)*****9 ==T j AKA RTA
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      Page 44 Advertisements Column 2
      489 44 BLUE STAR LINE SINGAPORE TO INEW ZEALAND AND T/S FIJI KtTIJ.Y CONTAINERISED MONTHLY SAILINGS Charging at new Plymouth port CHALMERS ACCEPTING FtL LCL FOR AUCKLAND. NAPIKR. WELLINGTON, BLUFF, CHRISTCHURCH, DUNKDIN, LYTTELTON, INVERCARCIL, FIJI AND TAHITI SIN N PL* AUCK LYT PREMIER 09S 26 Nov U Dec Via JJPI. 13 Dec
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      Page 44 Advertisements Column 3
      1182 44 /SCI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor I ETA joEST VESSEL VBT ETA BEST KIM SOON LI 45/90E 19
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      18 46 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
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      102 46 OMEPTT BjULK LIPME KKU SIN PKL DESTN BLUEBELL SUSANNAH/***** Sid Sid FLU/ANT/UK(HUL) LANCELOT SPIRIT/***** 18/11 21/11 ROT(FLU)/ANT (ZEE)/HUL l&Ef* Tel: *****27 Fax: *****30 TU: RS ***** INETCO VESSEL VOV WO SIN MAA CAL ILOVIK 135N 13-16/11 22-24/11 TIGER STAR 136N 20-21/11 27-29/11 TIGER RIVER 111CNB 20/11 26/11 lEUVE 9134 2VII
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      Page 46 Advertisements Column 3
      145 46 JESSELTON P7B Off® 5 SMilii War. UIC BliMlit #15 09. Spm 0106 T*i RS ***** Fax: *****37. T* 22M3M ACCEPTING CARGO ETD ETA ETA ETA AT PPT PS SPORE MUARA LBN KK EASTERN CLORY V30E90 Sailed In Port 16/11 17/11 APRIL GLORY Y32E90 1516(11 17/11 2011 21/11 22.1! EASTERN GLORY
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      Page 46 Advertisements Column 4
      65 46 INTEROCeAN\ <OOline (78, 2nd Floor, Jalan 2/71, Taman Tun Dr. Ismail, ***** KL. Tel: *****34, *****94, *****20 TLX. NO. MA-***** FAX. 03-*****11 Penang Off: Tel: *****7, *****2 I.CL/FCI LOADING FOR 1 AUSIRALIA SYD. MELB. ADE. BRIS. FREM. I UK/EUROPE LE HVE, HBG, BREMEN. R'DAM. 1 GENOA ANTWERP, UK PORTS j
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  • Page 47 Miscellaneous
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      436 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO **********00 1200 **********001(00 *****100 1900 2000 2100 2200 2300 R 2.1 1.7 1.3 1.1 09 1.0 1.3 18 2.4 2.8 28 2.7 2.3 18 13 09 06 06 0.7 1.0 1.5 2.1
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      301 48 CHARTPOINT Every Saturday in Business Times HHHHHiiH'WTCPWHPWVPPUHHHHHR VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU U!§\ HIAP HOE SHPPMG ENTERPRISE I f/Ji J TEL: *****66 FAX: *****10 \jfjy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUOBA AGUNG
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      Page 48 Advertisements Column 2
      716 48 HYUNDAI) MERCHANT MARINE CO- LTD. EASTBOUNO TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNDAI CHALLENGER 38E 24/11 29/11 17/12 19/12 21/12 20/12 HYUNDAI PIONEER 35W 23/10 26/10 29/10 16/11 25/11 HYUNDAI INNOVATOR 37E 1/12 6/12
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      Page 48 Advertisements Column 3
      608 48 CHARTPOINT Every Saturday in Business Times Ftcter fnm Vor PNCIPW. iNottw VnM4 |V«r SIN LAX OAK MOU DAL CM/ NOR KM NTC M»Ur»u COL BUNGA KEMUNINC V 704 HI ALLIGATOR CLORY V ***** 11/11 tfU I*l2 U/l2 11/12 12/12 12/12 I*l2 M/U OUR USA »UNCA KEMUNINC VI 15/U ALLIGATOR VICTORY
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