The Business Times, 16 November 1990

Microfilm: NL17138
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday November 16 1990 75*
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  • NEWS SUMMARY
    • Article
      Japan cutting import tariffs on tropical produce
      79 1 JAPAN plans to cut import tariffs on some 200 tropical farm products by an average 35 per cent in a bid to ease foreign criticism of its rice policy, official sources said yesterday. The 200 products will include mangoes and coconut oil. Japan's
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    • Article
      Progress in schools
      36 1 WHILE Singapore's main ethnic groups have improved on their overall academic performance over the past 12 years, statistics show Chinese students have progressed much faster than their Malay and Indian counterparts Page 2
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    • Article
      Assurance on oil
      37 1 THE PHILIPPINES and Thailand can rely on South-east Asian oil producers for part of their crude needs if supplies are disrupted by a Gulf war, say officials at a regional energy conference Page 7
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    • Article
      Credit fiasco
      33 1 THE PHILIPPINES' credit among private bankers was threatened after the state energy monopoly National Power Corp failed to settle a US$7.4 million account with a French bank, say sources Page 7
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    • Article
      Big bill for unity
      29 1 CHANCELLOR Helmut Kohl's government has said that German unity will cost around US$5O billion next year and has forecast a huge budget deficit Page 8
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    • Article
      Gorbachev defied
      25 1 THE Soviet Union's biggest republic has defied President Mikhail Gorbachev and overruled a central government decree raising prices on luxury goods Page 8
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    • Article
      Cautious about China
      13 1 CHINA beckons, but Singapore businessmen are still wary Page 13
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    • Article
      Supreme singer
      26 1 FRANK SINATRA, who will turn 75 on Dec 12. is a musician's musician, a dinger's singer 3!»&*ihe c. iO>' and rub'i'j's choice Page 17
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    • Article
      Slowdown expected
      31 1 SINGAPORE'S bunker industry may attain slower growth of just 4 per cent this year against initial projections of up to 10 per cent, say sources. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      22 1 THE Dow Jones index of leading industrials fell 13.12 points to 2,546.53 in the first five minutes of trading yesterday.
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    • Article
      Footsie higher
      39 1 SHARES were higher at midday yesterday in London, following the release of UK unemployment and average earnings figures. At 1215 GMT, the Financial TimesStock Exchange 100-Share Index was up 14.9 points, or 0.72 per cent, at 2,060.9.
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    • Article
      Wiping out borrowings
      18 1 SINGATRONICS' proposed rights issue will effectively wipe out all of the company's borrowings Page 3
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    • Article
      J Chia refutes claims
      39 1 JACK CHIA has refuted Haw Par's claims, asserting that it is not to be blamed for the delay in coming up with the new Tiger Balm formulation to comply with Malaysian health regulations Page 3
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    • Article
      Netting approved
      28 1 THE GROUP of 10's central bankers have approved crossborder and multi-currency netting schemes aimed at improving the efficiency and stability of interbank payment systems Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Thursday Change BT-MGA 554.61 -1.07 Kuala Lumpur ....471.67 -1.18 Hongkong 2,990.47 -16.35 Tokyo 23.487.48 -149.96 Sydney 1,345.3 +0.1 Wednesday Change New York 2,559.65 +24.26 London 2,046.0 -10.0
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    • Article
      CURRENCIES
      21 1 Exchange rates USS SSI.7105 Yen SS 1.3224 MS SS0.6347 Money market rates Overnight 4 3/4 -1/2 '-month 6 1/?% unch
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    • Article
      COMMODITIES
      36 1 Lorrkn Gold AM fix USS378.50 -LIS$4.4S Rubber S pore Dec 155.50«/kg -0.25 M'sia Dec 242.00Vkg unch KL Tin Turnover 21 tonnes -28 Spot M$l6.25/kg unch Crude palm oil Turnover 1,558 lots +280 Dec M$784/tonne +M
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  • Article
    How govt redistributed wealth: Dr Hu
    455 1  -  Indirect means needed to keep S'pore competitive By Kenneth James SINGAPORE'S need to be internationally competitive has limited the extent to which it can carry out direct redistribution policies. Even so, the Republic's housing, education and anti-inflation measures have reduced inequality and all but
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  • Article
    Asean outlook bright despite Gulf crisis
    482 1 MORE than 100 economists from all over Asean were yesterday given an upbeat picture of the grouping's growth prospects, with one economist expressing overall optimism and another expecting average growth to fall only slightly in 1991 and 1992. Institute of Policy Studies Deputy Director
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  • Article
    Vietnam plans for first stock market
    246 1  -  From Harish Mehta in HO CHI MINI-' CI T Y IN A MAJOR change of economic policy, Vietnam yesterday revealed its plan to introduce its first stock market in Ho Chi Minh City, a move which will also see the sale of loss-making stateowned
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  • Article
    Exxon eyes S'pore as possible site for giant alcohol plant
    309 1  -  By Lilian Ang AMERICAN oil giant Exxon is eyeing Singapore as a possible site for another major investment a worldscale alcohol plant barely six weeks after it announced plans for a US$5OO million petrochemical project in .he republic. The alcohol
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  • Article
    Wing Tai reviews planned acquisitions
    442 1  -  By John Tan GARMENT MAKER Wing Tai has put its troubleplagued $60 million acquisition of three US-linked distribution companies under review following reports of worsening retail sales in the US. It said yesterday that it had been informed by the vendors that the expected profitability
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  • Article
    Lock icon Yeutter pessimistic after Paris meeting
    188 1 Reuter US AGRICULTURE Secretary Clayton Yeutter has said he is not optimistic that France and the US can resolve very substantial differences dividing them in world talks to reform farm trade. "I find it difficult to be at all optimistic that the very wide gap
    Reuter  -  188 words
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      Page 1 Advertisements Column 1
      259 1 F® J I I «ot-07 Orthjrd [merjlil Tel: *****35 M iyy I whir Court Stopping Odllr>v Irl *****51 I I »0¥«0. Ml, Orchard, Trl *****13 Ken Dqik IVpl Slort *0» 00 Orchard WjW 1 Aircraft Schedule 27 Money Market 25 Work) Stock Markets 24 Commodities 26 Regional News 7 Cryptic
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      Page 1 Advertisements Column 2
      131 1 INTRODUCING, Lifestyle's Opinions EMS: Is the price low first-ever, tear-out, Prime Minister Lee Kuan enough laminatablc, washable Yew's most far-reaching Yen: Investors favourite (laminate first), portable and political legacy may be a currency concise guide to executive change in the rules of the jobs table manners. Let Jaime Lye game
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      Page 1 Advertisements Column 3
      99 1 I [MFIfiMQ) <> Quadruple Zoom+Auto Two-Color. MNOL cT J« ii' *1 j BALLY BOUTIQUE tn SINGAPORE Sh< jw entre Mcrff'os ity/Royol Holday Inn BALLY AUTHORISED DEALERS I Stn* C< Chanrai Singapore Daimaru Djien Boutique I foShi < Shop ft Branch •tefanft Blanches* MvVind[)opaf?mentSfore*DfS&Branches*Melwan» ft fhanchi i• Mohimn i -st v
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Wanted: equipment, people to light up China
        68 2 SINGAPORE contractors and equipment suppliers are being .sought by the Chinese government to explore the huge power generation market in the People's Republic. A five-member delegation headed by the director of Complete Equipment, Ministry of Energy and the State Energy Investment Corporation, is
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      • Article
        Telerate re-locates
        67 2 MNANCIAL information provider Telerate yesterday announced the setting up of its regional technical operations centre in Singapore which is expected to be operational by the first quarter of next year. Over the next five years, said lelerate Systems president Carl Valenti, the company will pump a total of
        67 words
      • Article
        Retailing skills
        70 2 TO EQUIP workers in the retail industry with relevant skills, Tcmasek Polytechnic is organising a half-day seminar on "Retailing in the *****" for about 170 participants. The seminar, to be held today at the Polytechnic's Grange Road campus, aims to discuss the latest developments in retailing, enhance awareness
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      • Article
        Rajaratnam Scholarship
        35 2 THE S Rajaratnam Scholarship will be officially launched by the Member of Parliament for Kampong Glam and chairman of the S Rajaratnam Education Trust Fund, Loh Meng See, at u ceremony on Tuesday.
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      • Article
        Mass communication seminar
        59 2 NGEE ANN Polytechnic's English Language Centre will host Singapore's first Student-Working Professionals Seminar on mass communication on Dec 1. The theme for this year's seminar is "Comm Power Tomorrow's Professionals with the Right Stuff". The half-day seminar will allow industry professionals to share ideas and experiences with
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    • Article, Illustration
      Chinese students progress at faster rate than Malays, Indians
      534 2  -  By Shoeb Kagda WHILE all three of Singapore's main ethnic groups have improved on their overall academic performance over the past 12 years, the Chinese students have progressed at a much faster rate than their Malay and Indian counterparts, said the
      534 words
    • Article
      SIA, KLM double flights under new pact
      211 2 SINGAPORE Airlines and KLM can now operate 14 weekly passenger services and seven weekly freighter services between the two countries under a revised air services agreement between Singapore and the Netherlands. This doubles the number of flights the two airlines were previously allowed
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    • Article
      AIA plans three-fold property rise in three years
      291 2 THE American International Assurance, Singapore's top life insurer, has plans to beef up its real estate portfolio three-fold to $180 million in three years. BT understands that AIA is building a four-storey office block, costing $43 million, at the junction of Jalan
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      167 2 Executive Jobs every Saturday in Business Times An inspiring lifestyle begins with d-SCAN j i Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any of
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Singatronics cash call will erase borrowings
      412 3  -  By Lee Han Shih PROCEEDS from the proposed rights issue by new main board entrant Singatronics will effectively wipe out all its borrowings. A circular released by its financial adviser Morgan Grenfell (Asia) yesterday shows that the company, which until Nov 5 was listed
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    • Article
      Hong Leong Corp to raise $70m from capital market
      228 3 HONG LEONG Corporation, the trading and manufacturing arm of the Hong Leong group, will sign an agreement today to raise $70 million from the capital market. It plans to use the proceeds from this three-year revolving credit facility as general working
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    • Article
      Lock icon ASN, ASB investors to get M$909m dividends, bonuses
      291 3 Bernama INVESTORS in the Amanah Saham Nasional and Amanah Saham Bumiputra schemes will receive dividends and bonuses totalling M 5908.91 million for this year. Prime Minister Datuk Seri Dr Mahathir Mohamed announced yesterday. The investors in the ASN scheme would receive a
      Bernama  -  291 words
    • Article
      Lock icon United Chemical offers 6.5m shares
      225 3 Bernama UNITED Chemical Industries Bhd (UCI) has offered 6.5 million shares of Msl each at M 51.30 per share to the public. It released its prospectus yesterday. United Chemical's principal activities are the manufacture of polypropylene and polyethylene cloth and bags for use in the
      Bernama  -  225 words
    • Article
      Lock icon Analysts expect steady interim profit for Malaysia Airlines
      644 3 MARKET TALK Reuter MALAYSIA Airlines System Bhd (MAS) is expected to report fairly steady half-year profits next week despite market rumours that the airline has been badly hit by higher oil prices. Analysts said MAS should maintain profits as the full blow
      Reuter  -  644 words
    • Article
      Jack Chia refutes Haw Par's claims
      298 3  -  By Schutz Lee THE Jack Chia Group has asserted that it is not to be blamed for the delay in coming up with the new Tiger Balm formulation which complies with Malaysia's health regulations. The group, which manages the Tiger Balm business in Malaysia
      298 words
    • Article
      Trading in SAe Foreign shares starts today
      180 3 SINGAPORE Aerospace's shares will be traded separately as local and foreign shares from today as foreign shareholders' interest in the government-linked group has almost reached the limit of 15 per cent. A statement from the local stock exchange said persons defined as foreigners
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    • COMPANY BRIEFS
      • Article
        Berjaya to sell stake in Singer to Sports Toto
        92 3 MALAYSIA'S Beijaya Corp (M) Bhd plans to sell a 33.2 per cent stake or 49.8 million shares in Singer Holdings (M) Bhd to Sports Toto (M) Bhd for MS2O9 million. The deal values each of the newly-listed Singer shares at M
        92 words
      • Article
        Unicentral stake in S Fodder up
        78 3 UNICENTRAL Corp, which is making a takeover offer for publicly-listed Singapore Fodder Co, said it has received acceptances amounting to 7,887,780 shares, representing 78.9 per cent of the latter's issued share capital, as at spm yesterday. Together with the 12,000 Singapore Fodder shares held
        78 words
      • Article
        Haw Par unit seals purchase
        40 3 HAW PAR Leisure, a wholly-owned subsidiary of Haw Par Brothers International, yesterday completed its purchase of a 75.2 per cent stake in Recreational Investment (SEA). The sale and purchase agreement was signed on Sep 28.
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      • Article
        Rothmans (M) profits up 15.5pc
        123 3 ROTHMANS of Pall Mall (Malaysia) Bhd recorded a 15.5 per cent rise in group operating profit before tax of M 5136.17 million for the half year ended Sep 30, 1990, as against M 5117.90 million in the six months ended Dec 31, 1989. At the
        123 words
      • Article
        AMDB stands to gain M$118m
        127 3 ARAB-Malaysian Development Bhd said its proposed offer for sale to its unitholders of 56,970,950 shares in Arab-Ma-laysian Merchant Bank Bhd will result in an extraordinary gain of MS 118.876 million. AMDB, in a circular to shareholders in respect to the proposed share offer and the
        127 words
      • Article
        Chemical Co improvement
        82 3 CHEMICAL Company of Malaysia Bhd has chalked up a 16 per cent improvement in its group pre-tax profit to M 533.6 million for the nine months ended Sep 30, 1990 from M 528.9 million in the corresponding period of last year. CCM said unaudited group turnover jumped
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Samsung agrees to join oil refinery venture
        97 4 SAMSUNG Co Ltd, the trading arm of South Korea's Samsung Group, has agreed in principle to join an oil refinery venture worth US$l.2 billion in Malaysia with three other companies, a Samsung spokesman said. Samsung and Taiwan's Chinese Petroleum Corp are each funding
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      • Article
        Japanese firms deny report
        81 4 MARUBENI Corp, Mitsubishi Corp and Mitsubishi Heavy Industries Ltd denied a Japanese newspaper report that they, a US firm and a French company jointly won an order from the Philippines to build a coal-fired electric power plant. The economic daily Nihon Keizai Shimbun reported on Monday
        81 words
      • Article
        Thai stake in Code-A-Phone
        77 4 TECHNOLOGY Applications (Thailand) Ltd said it has acquired a 51 per cent stake in US Electronic equipment distributor Code-A-Phone Corp from Merrill Lynch Interfunding Inc, a unit of Merrill Lynch and Co Inc, for US$lB million. Merrill Lynch retains the rest. Ho Cheng Chew, Technology Applications'
        77 words
      • Article
        C Itoh in beef farm venture
        45 4 C ITOH and Co said on Wednesday that it had set up a joint venture with Japan's Prime Meat Packers Ltd and Teys Brothers (Holding) Ltd, Australia's largest meat packer, to farm beef in Australia for export to Japan.
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    • Article
      Lock icon Lion Nathan sees asset sales and higher profits
      429 4 Big tax provision expected to hit earnings Reuter BREWER Lion Nathan Ltd, which earlier reported a 5.8 per cent rise in annual net profit to NZ560.74 million, expects to increase its profit next year and sell more noncore assets as it focuses
      Reuter  -  429 words
    • Article
      Charoen plans big poultry project in East Java
      155 4 THE Indonesian subsidiary of > the Thai Charoen Pokphand group, PT Charoen Pokphand Jaya Farm, is to set up an integrated poultry farming project under a nucleus firm and smallholder scheme in Jombang, East Java. The Jakarta Post on Wednesday quoted Wayan
      155 words
    • Article
      Lock icon S Miguel profit hit by taxes and economic slump
      242 4 AFP SO-CALLED "sin taxes" and the general economic slowdown in the Philippines have caused a 64 per cent decline in third-quarter profits of San Miguel Corp (SMC). A company report disclosed yesterday that it posted a net income of 238 million
      AFP  -  242 words
    • Article
      Lock icon Toyota buying Brussels site for new HQ
      250 4 AFP THE Japanese carmaker Toyota is buying a site in Brussels for its new European headquarters, a Toyota spokesman said on Tuesday. He said the company had agreed to pay 1.475 billion Belgian francs (US$49 million) for a 12-hectare site at Zaventem, on
      AFP  -  250 words
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      Page 4 Advertisements Column 1
      95 4 0— G The new rovers, a class apart f i M 4 imbp Rover. The English pedigree continues to make its mark. in performance, vet beautifully quiet on the road. Come Outshining other in elegance. With and test-drive the Rover HtK) today... pure, fine leather upholstery and walnut a motoring
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      Page 4 Advertisements Column 2
      142 4 GolfoUdayi ffflßl\ 4/5 days Phuket f Daily departure 40 Thai f Holiday Inn Phuket or 18 ho,e 9 olf 9 ame Golf transfers, green fee, caddy provided Non golfer from $598 with Phang Jj Nqa Bay excursion 3 7 TRAVEL M (Member o<SPH TPL) (Formerly known as Sm Chew Travell
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Trump makes last-ditch attempt to save casino
      288 5 Reuter AMERICAN millionaire developer Donald Trump made an llth-hour attempt to stave off a bankruptcy filing for his newest and largest casino on Wednesday by requesting a meeting with bondholders, a legal adviser to the creditors said. Trump was to make a U5547.3
      Reuter  -  288 words
    • Article
      Lock icon Ford pays inventor US$10m to end wiper suit
      120 5 Reuter IN a move that ends a 12-year legal battle, Ford Motor Co said on Wednesday it would pay a US inventor more than US$lO million for infringing patents on an intermittent windscreen-wiper system. The second-largest US carmaker will pay Robert Reams,
      Reuter  -  120 words
    • Article
      Lock icon Rockwell tie-up eyes big share of jet upgradings
      399 5 Reuter ROCKWELL International Corp unveiled a partnership with an Italian radar electronics firm designed to claim 30 to 40 per cent of the worldwide market in avionics upgrading projects by the year 2000. Rockwell's autonetics division teamed with FIAR (Fabbrica Italiana Apparecchiature
      Reuter  -  399 words
    • Article
      Lock icon Audi sales and earnings improve
      413 5 Reuter AUDI AG sales in the first nine months of 1990 rose 1.6 per cent to 8.8 billion marks and earnings improved, management board chairman Ferdinand Piech told reporters on Tuesday when unveiling the new Audi 100 model. "Audi's earnings have continued to rise distinctly
      Reuter  -  413 words
    • COMPANY BRIEFS
      • Article
        Majority shareholder fully behind Hugo Boss
        107 5 GERMAN CLOTHING manufacturer Hugo Boss said majority owner Akira Akagi, the president of Leyton Co Ltd, had assured Boss that he fully backed the firm's management and its current business plans. Mr Akagi, who took a majority stake in Boss last December, earlier on
        107 words
      • Article
        Woolworth's spending plans
        78 5 WOOLWORTH CORP plans US$36O million in 1991 capital spending and has set new goals targeting average annual earnings growth between 13 and 16 per cent. The company said 1986 was the last time it changed its earnings growth goal, raising it to 12 to 14 per cent
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      • Article
        Debt changes at Brent Walker
        54 5 THE 50-PLUS bank creditors of British leisure company Brent Walker pic were expected formally to approve changes in the terms of the company's debt by Wednesday night, a spokesman for the bank steering committee said. These changes were approved at meetings with creditors last Saturday,
        54 words
      • Article
        British Gas to bid for CGC
        84 5 BRITISH GAS pic plans to make a Cs34 per share offer for The Consumers Gas Company Ltd (CGC) of Toronto. British Gas said it intends to make its offer for all the shares of CGC, 32.6 million common shares, on or before November 28.
        84 words
      • Article
        Meeting on Polly Peck
        57 5 THE FIRST MEETING of an informal committee of Polly Peck International pic creditors is due to meet the joint administrators today. Representatives of banks, bondholders and institutional investors will be briefed by Coopers Lybrand Deloittes on Polly Peck and the aims and objectives of administration, said
        57 words
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      96 5 «V f THE HARDEST PVHT OF GIMNG IS THE GIVING AW. Delicate contours endowed wi th 200 years experience. And married witk the strength of the finest hone china. The easiest thing in the world to fall in love wi th. But oh so difficult to give away. Wedgwood" 1759
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Court orders banker to pay back US$45m
        74 6 A FORMER DIRECTOR of an Indonesian bank, who said he knew nothing about banking, was sentenced to 20 years in jail and ordered to pay back US$45 million in embezzled funds. Judge MS Lumme said yesterday Lee Dharmawan Kertarahardja was found guilty by
        74 words
      • Article
        Give EMS a miss, says Swiss
        66 6 SWITZERLAND, with traditionally low inflation and a high balance of payments surplus, would gain little from linking its currency to the EC's European Monetary System, Swiss National Bank President Markus Lusser said. "One must realise any ill-considered link with the EMS would limit our
        66 words
      • Article
        Spain wary of easing credit
        78 6 THE BANK OF SPAIN reaffirmed the need for firm monetary and fiscal policies and less public spending, saying a credit easing would only lead the country into a vicious spiral of rising prices and wages. In a report on the Spanish economy over the first
        78 words
      • Article
        Soviets start securities trading
        59 6 THE SOVIET REPUBLIC of Kazakhstan has launched a securities market and hopes to draw hundreds of millions of roubles in investment by the end of the year. "The money will be used for accelerated development of sectors producing consumer goods. This will help to fill shop
        59 words
      • Article
        UK building-society trend
        49 6 SOWING DEMAND for housing loans in the future may £psnpt building societies to diversify further away from jss4itional mortgage business, says the Bank of England. K|K)y demographic developments and limits on the potential £NQvth of owner occupation may exert downward pressure on Rgxtgage lending, it adds.
        49 words
    • Article
      Lock icon G-10 central bankers approve netting schemes
      382 6 Reuter THE CENTRAL BANK governors of the Group of 10 (G-10) have given their seal of approval for well constructed netting schemes. Cross-border and multicurrency netting schemes could improve the efficiency and stability of interbank payment systems by reducing settlement costs and risks, provided
      Reuter  -  382 words
    • Article, Illustration
      Lock icon Seoul reason for leaving home without it
      415 6 Amex half paralysed by labour dispute in South Korea AFP THE AD says "Don't Leave Home Without It", but some South Korean businesses are rejecting the American Express card, afraid of late payments following a strike at the company in Seoul. American Express
      AFP  -  415 words
    • Article
      Lock icon Visaphone goes global
      61 6 UPI VISA International and Sprint International are introducing a worldwide service allowing non-US Visa cardholders to nse their cards to pay for long-distance calls. Under an agreement signed on Wednesday, all Visa member financial institutions outside the US could offer the service in the first quarter of
      UPI  -  61 words
    • Article
      Lock icon US regulators file US$6.8b in claims against Drexel
      396 6 NYT US FEDERAL savings and loan regulators said on Wednesday that they had filed US$6.B billion in claims against Drexel Burnham Lambert Inc in its bankruptcy proceeding and charged that the firm had "willfully plundered" more than 40 institutions "through bribery, coercion,
      NYT  -  396 words
    • Article
      Lock icon Life insurers oppose NY state amendments
      201 6 Reuter AMENDMENTS under consideration by the New York Insurance Department could worsen public perception of US life insurers' investment portfolios and exacerbate a credit crunch for smaller businesses, several life insurers told state officials at a hearing in New York. James Wilson of Equitable
      Reuter  -  201 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      137 6 i k< The Hilton-British Airways Playhouse presents I TIM BROOKE-TAYLOR "ALAN AYCKBOURN'S Sparkling Comedy THE NORMAN CONQUESTS «L TABLE PmMANNERS IV If 1 JI^W^J EREMY BULLOCH y// >\±IZ CROWTHER x APRIL WALKER Alan Ayckbourn is the living DA 111 Rl AKF miracle of our modern theatre ■r\ L D LMIX
      137 words
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      Page 6 Advertisements Column 2
      97 6 m m a uHttk i a A, THE SPACE-AGE DIFFERENCE From the down to clubs PRGH "S Hi-Tech crafted the game of Bgv I I CONCEPT IRONS are graded for all bi mB PROG EAR Sote Distributor fcOLF LEISURE GRAND BIGWIN JURONG PRO SHOP ISETAN {ft APOtLO P AN WEST
      97 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Bangkok, Manila can rely on Asean oil in emergency
      235 7 Asean energy conference AFP THE PHILIPPINES and Thailand can rely on Southeast Asian oil producers for part of their crude needs if supplies are disrupted by a Gulf war, officials attending a regional conference in Manila said yesterday. Philippine energy chief
      AFP  -  235 words
    • Article
      Lock icon Indonesia urges industrial nations to cut stockpiles
      388 7 Reuter INDONESIA, a moderate in the Opec oil cartel, yesterday urged industrialised countries not to increase oil stockpiles because of the Gulf crisis, saying this would drive up prices further and threaten the global economy. Indonesian Energy Minister Ginanjar Kartasasmita said industrialised states,
      Reuter  -  388 words
    • Article, Illustration
      Lock icon Belgian investors showing growing interest in M'sia
      242 7 Bernama BELGIAN investment in Malaysia's manufacturing sector has remained small in the past, but interest from that country to invest ir recent years, has shown an increasing trend, Minister of International Trade and Industry, Datuk Seri Rafidah Aziz said in Kuala Lumpur on
      Bernama  -  242 words
    • Article
      Lock icon Indons are hopeful about new trade union
      146 7 Reuter INDONESIAN workers on Wednesday launched a new trade union organisation which they hope will raise their standard of living and not government objections. Human rights lawyer HJC Princen, who heads the new body, said he hoped the formal launch of Setia Kawan
      Reuter  -  146 words
    • Article
      Lock icon Scandal rocks Philippines' credit standing
      271 7 AFP THE Philippines' credit among private bankers was threatened after the state energy monopoly, National Power Corp (Napocor), failed to settle a $7.4 million account with a French bank, financial sources said on Wednesday. Napocor failed to remit the amount in July, while Credit Lyonnais,
      AFP  -  271 words
    • NOTE BOOK
      • Article
        Pick-up in Indon forestry trade
        72 7 INDONESIA'S forestry products exports this year may reach US$4 billion, up from US$3.B billion last year. The chairman of the Indonesian Forestry Community (MPI), Bob Hasan, said in Jakarta yesterday that the projection was based on the rapidly expanding wood and rattan processing industry following
        72 words
      • Article
        New arrangement for US bases
        81 7 MANILA will operate Clark Air Base and four bases in the country when their lease expires next year but Subic Bay Naval Base will remain under US control during a phasedown period, Philippine Foreign Secretary Raul Manglapus announced yesterday. He made the statement at a
        81 words
      • Article
        US complaint against Thailand
        65 7 A US INDUSTRY GROUP has said that it will file a trade complaint against Thailand today for alleged failure to curb pirating of copyrighted US films and recordings. The complaint would be filed by the International Intellectual Property Alliance, supported by two of its members, the
        65 words
      • Article
        NZ to scale down sheep probe
        57 7 WITH FEARS of an exotic sheep disease outbreak in New Zealand fading, the Ministry of Agriculture and Fisheries announced yesterday that it is scaling down its investigations. The ministry said there was now enough evidence for it to give assurances to New Zealand's trading
        57 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon German unity to cost US$50b next year, says Bonn
      461 8 Deficit estimated at up to USs47b Reuter CHANCELLOR Helmut Kohl's government, facing a general election in less than three weeks, has said that German unity would cost around US$5O billion next year and has forecast a huge budget deficit as a
      Reuter  -  461 words
    • Article
      Lock icon Chamber of commerce predicts deeper US recession
      311 8 UPI THE US CHAMBER of Commerce's latest economic forecast has predicted a deeper recession than initially expected, lasting through the first half of next year and pushing the unemployment rate above 7 per cent by the end of 1991. The chamber, which has
      UPI  -  311 words
    • Article
      Lock icon Russia thumbs its nose at Kremlin decree
      417 8 Reuter THE Soviet Union's biggest republic, the Russian Federation, on Wednesday defied President Mikhail Gorbachev and overruled a central government decree raising prices on luxury goods. The Russian parliament's assertion of its authority dealt a blow to prospects for settlement of a powersharing
      Reuter  -  417 words
    • Article
      Lock icon Japanese buy less US property
      555 8 Experienced investors adopt wait-and-see attitude UPI WHILE CONTINUING to slow, new Japanese investment in US real estate will still reach between US$lO billion and US$l3 billion this year, a report released on Wednesday said. But next year may see a marked drop in such investments,
      UPI  -  555 words
    • Article
      Lock icon Rich-poor gap behind Mid-East instability
      657 9 Invasion due to Iraq-Kuwait economic disparity AP THE DIVISION of wealth in the Middle East is a root cause of instability in the region, and is likely to remain so whatever the outcome of the Gulf crisis. Iraq's invasion of Kuwait itself partly stems from
      AP  -  657 words
    • WORLD WATCH
      • Article
        Taiwan confident about joining Gatt
        72 9 TAIWAN has enough economic muscle to overcome any political problems with China over representation at international forums and to join the General Agreement on Tariffs and Trade (Gatt), say officials and businessmen in Taipei. In interviews yesterday, they cited as examples the various formulas found
        72 words
      • Article
        Official end to Cold War
        72 9 US PRESIDENT George Bush and Nato allies will formally "bury the Cold War hatchet" with the Warsaw Pact in Paris next week. US Secretary of State James Baker said in Washington on Wednesday that three agreements to be signed at a 34-nation summit one to
        72 words
      • Article
        EC urged to cancel debt
        93 9 THE EUROPEAN COMMISSION has asked the 12 EC nations to cancel US$4.3 billion in debt that 69 developing nations owe the European Community. The debt, worth 3.1 billion European currency units, is owed by African, Caribbean and Pacific nations mostly former European colonics that have
        93 words
      • Article
        Plan to develop Amazon region
        66 9 BRAZILIAN OFFICIALS have unveiled a US$75 billion, 20-year development programme for the country's Amazon region that emphasises environmental protection and hightechnology industries. A spokesman for the National Secretariat for Regional Development in Brasilia said on Wednesday that details of the new development initiative were still
        66 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      155 8 W' "M A GASTRONOMIC JOURNEY TO "NSH^K U Picture Courtesy Of Korea National Tourism Corporation The Royal Crowne Plaza On Scotts Road PRESENTS Authentic, exotic Korean Barbecue Buffet. You don't need an air-ticket for a taste of Korea. For only Ssls.so++ per adult and Ss9.9o++ per child, you can eat
      155 words
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      Page 8 Advertisements Column 2
      123 8 HAND SELECTED DIRECT DESERVINGLY JcICKS 1. 805 Bukit Timah Road, #01-03 Sixth Ave Centre Tel: *****38/*****16 2. 435 Orchard Road, #03-18/19 Wisma Atria Tel: *****68/*****26 3. Blk 205 Hougang Street 21. #01-133/135 (next to Hougang Oriental Superstore) Tel: *****89/*****56 4. 12 West Coast Walk (off West Coast Rd) West Coast
      123 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      221 9 Stewed Whole Ahalone I 'Sang du Tigre' Cognac Xtra Luxury and be merry on our tenth anniversary. From now to 31 December, the stage is set for a celebration to remember at Charming Garden. A time to experience the taste of traditional 1 lunan cuisine with the most exquisite Xtra
      221 words
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      Page 9 Advertisements Column 2
      222 9 KRYOS. Sport-time for winners. The LeCoultre Kryos COLLECTION IS A NEW GENERATION OF ELEGANT SPORTS watches. Ready TO TAKE THE ROUGH WITH THE A THE OUTER SHELL. PRECISION TECHNOLOGY. OR d MHj IN THE CASE OF THE jjj^Jj^^jM^P CHRONOGRAPH tyy/f*j jSJEk HERE. A HIGH-PER- r FORMANCE MOVE- ment with hunDREDS
      222 words
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  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      260 10 CONGRATULATIONS TO GATEWAY LAND ||l TH E G A WKg Honeywell helping you control your world WOH HUP 39 Sixth Avenue #02 02 Guthrie Building, Singapore 1027 111 Somerset Road #11-01 PUB Building, Singapore 0923 Tel: *****22 Fax: *****70 Telex: RS ***** Cable: WOHUPCOY Tel: *****00 Fax: *****14 Telex: RS
      260 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      232 11 (PTE) LTD ON THE OFFICIAL OPENING OF TEWAY Jfff aklP® Sole Turner (East Asia) Pte. Limited 150 Cecil Street #11-02 Wing On Life Building, Singapore 0106 Fax: *****41 Telex: RS ***** TEA NCP General Managers Coll V er Qua VContractor ax rmmw gondola (S) pte. Ltd. I inni m l[
      232 words
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  • Article
    A microcosm of quality
    478 12 EDITORIAL SINGAPORE Showcase makes its debut next week, and with it, the Trade Development Board's efforts to promote home-grown design talent have come full circle. As the lead agency in design promotion, the TDB's efforts are extensive, ranging from overseas exposure through trade missions to funding
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Peace option is no option
      251 12 A PEACEFUL solution to the Gulf crisis is hard to achieve. So says UN Secretary-General, Perez de Quellar. Saddam Hussein has refused to budge, though Mr Perez and many others have dropped by to persuade him to withdraw from Kuwait. War may be the only
      251 words
    • Article
      Maintaining stability
      176 12 THE AGREEMENT between Singapore and the United States to provide Washington greater use of the Republic's facilities is very significant to the region's stability. With the end of the Cold War and with the US closing its bases in the Philippines, it could be seen as an assurance
      176 words
    • Article
      More exchange of cultures
      78 12 THE NEW Ministry of Information and Cultural should work towards the further exchange of ideas between different ethnic cultures. In the past, insufficient efforts were made in this area. In the future, more emphasis should be placed on such work. We should encourage the development of
      78 words
  • REGIONAL VIEWPOINTS
    • Article
      Confidence sapping move
      170 12 THE WIDELY-PUBLICISED series of conflicts between senior military figures and PM's Office Minister Chalerm Yubamrung culminated in an unexpected decision by the army leadership on Tuesday to declare areas in the vicinity of Government House off-limits to political gatherings. Issued by Army Commander Gen Suchinda Kraprayoon in
      170 words
    • Article
      Respect election results
      156 12 FOR TOO many years the people of Myanmar formerly Burma have forgiven the failures of their rulers. But this attitude has not paid. The military regime of the impoverished country is repeating the mistakes of the past in a more frightful manner and in grosser proportions. The
      156 words
    • Article
      Accept the Japan of today
      148 12 A NEW ERA for Japan has begun with the ascendancy of Emperor Akihito to the Chrysanthemum throne. The occasion inevitably provided an opportunity for Japan's critics to rekindle the bitterness of wartime memories and for radicals to mount disruptive action in Tokyo in protest against
      148 words
  • Article, Illustration
    Lock icon There's new life for old newspapers
    770 12 Makers of newsprint in North America are going into recycling NYT WITH environmental concerns rising and a growing number of governments requiring publishers to use recycled paper, makers of newsprint in North America are rushing into recycling. After showing little interest for years, they
    NYT  -  770 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      191 12 at I MO N < B f OIS MONtfll S I I MONIRt OFSMONTBFS ill L 4 MONt B f 0(S «ONT>ES l> VON'X Dt J MONIXS f HUBLOT o o 0 S $35 2L?2 oS^^Hk <i> A REVOLUTIONARY, 1 STUNNING X o UNFORGETTABLE I 1 EXPERIENCE 2 O In
      191 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      32 12 DOONESBURY by garry trudeau 15VER 1 BEATS ME. t /tjic^u W MMMM' ft/nttf I WHAT/$ THIS, IT TASTES OUOULDtVTA HE'S BEEN OUEIL.HB WAW XXJR I ThOPtmj' I MB*T*SOUP? UKBSOME WPINOMS IS UNDER.
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  • ANALYSIS
    • Article, Illustration
      The Chinese way of business
      1463 13  -  China beckons, but Singapore businessmen are still wary. BT's Hongkong correspondent Catherine Ong, who was recently in China, reports on what a mission jointly organised by the Trade Development Board and the Singapore Chinese Chamber of Commerce and Industry found out about investing in the
      1,463 words
    • Article, Illustration
      Lock icon Guangdong: Paying for being wealthy
      690 13  -  William Kazer on a new economic strategy William Kazer Reuter IF Chinese politicians talked like American ones, Premier Li Peng might tell his southern compatriots to read his lips. And the message would probably be: "New taxes arc coming." China is mapping out its economic
      Reuter  -  690 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      117 13 Exhibition the Legendary Watches of Patek Philippe ■twfl HI h hHR^H V ~^B m* s x^v A reproduction of the The watches that Calibre 89, the most knew greatness. •J J; c i/«r>^»- T I. v\f VI complicated watch jT, j jW*' %TNjr j* N 11 The exhibition Ij i
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  • FOCUS
    • Article, Illustration
      Lock icon Life in Baghdad gets tougher
      1418 14  -  Lee Stokes reports on how UN sanctions are both damaging the Iraqi economy and hurting the Iraqi people Lee Stokes UPI THREE MONTHS after it was imposed, the UN economic embargo on Iraq is causing more severe shortages, price increases and factory closures than the
      UPI  -  1,418 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      86 14 WHEN FORD WINS, YOU WIN jff Benetton Ford two outstanding wins. First in y F "T,Hd the Australian Grand Prix in November 1990. S». Championship w/P First and second in the Japanese Grand Prix in October 1990. All Ford vehicles are engineered to the same exacting standards. So when we
      86 words
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  • SPORTS
    • Article, Illustration
      Precious advice for the back
      726 15  -  Paul Ramani talks to a former world powerlifting champion on the prevention of back injuries Paul Ramani PRECIOUS McKenzie might appear to be a little person but any thoughts of him being a weakling are dispelled upon meeting him. In Singapore for a demonstration and
      726 words
    • Article
      Lock icon Becker keeps alive hopes of top ranking
      307 15 AP BORIS BECKER resumed his assault on the No 1 ranking in the world but had to come from behind to beat Andres Gomez 4-6, 6-3, 6-3 at the ATP World Championships in Frankfurt on Wednesday. Becker, playing his first match since tearing
      AP  -  307 words
    • SIDE LINES
      • Article
        Fernandez outplays Tauziat in Slims
        116 15 FOURTH-SEEDED Mary Joe Fernandez stumbled in the second set but still moved smartly into the quarter-finals of the Virginia Slims Championships in New York, stopping Nathalie Tauziat 6-1, 7-6 (7-3) on Wednesday night. "She started going for her shots more," Fernandez said of her French
        116 words
      • Article
        Alcala keeps lead
        73 15 MEXICO'S Raul Alcala retained his lead in the Tour de Mexico by two seconds on Wednesday over Dmitri Nelubine of the Soviet Union at the close of the 11th stage. But Dmitri Zhdanov won the 150-km leg in mountainous country with Vasili Davidenko 2:49 behind in a
        73 words
      • Article
        Oliva wins easily
        109 15 ITALY'S Patrizio Oliva came out of a three-year retirement on Wednesday night to win the European welterweight title in Campione d'ltalia. The 31-year-old Neapolitan boxer, a former World Boxing Association champion of the category, scored a unanimous point decision over Jamaican-born British title holder Kirkland Laing. Oliva,
        109 words
      • Article
        Honours for Drabek
        70 15 PITTSBURGH Pirates pitcher Doug Drabek was the nearly unanimous choice on Wednesday for the National League's "Cy Young Award". Drabek, who won 22 games and lost only six while posting an earned run average of 2.76, received ail but one of the 24 first-place votes by the
        70 words
      • Article
        Australia humbles Hull
        45 15 AUSTRALIA brought British Rugby League leaders Hull down to earth with a bang on Wednesday by slaughtering them 34-4. The Kangaroos banished fears that they might lose their unbeaten 31-match record against British clubs in convincing style by running in seven tries.
        45 words
      • Article
        Chinese dominate
        80 15 YANG YANG and Tang Jiuhong, the Chinese men and women top seeds, easily won their opening matches in the Badminton World Cup Championships in Bandung on Wednesday. Yang, vying for his third consecutive cup, dismissed Finland's Pontus Jantti 15-5, 15-13 in the Group A match of the men's
        80 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      44 15 H > t "111 I I. j|. I tHSHF- R M imR YJ'MK 4 mr iH HHV V 'U; J f rr s# f Wm w'MmZ i .TTl4mii f *W^W Sinj '-frjtj, i« ,Jm^\■ ■$>' i jj|, fll t wV J£? (Be careful with the Kaminomoto)
      44 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      263 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. W^m--41 wggfm. Spio S/ethuan dishes served at lunch and dinner dail\ in ihr«Nii. inviting atnmsphereof S/echuan (.ourl. Resei\ation. MO SHIO or 3'tN S.>H.» ext lt»l .>.> «^m| m CSSm THt
      263 words
    • Advertisement
      Page 16 Advertisements Column 2
      413 16 ooiroe&jf Proudly Presents 4 ru&s:^ U November 10 -17,1990 JOACHIM SPLICHAL, the exponent of Californian cuisine, is in Singapore to lead, personally, a team of chefs at Nutmegs in an eight-day crusade to bring the wonders of California cookery to the patrons of Hyatt's premier restaurant. AT NUTMEGS FOR DINERS
      413 words
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      Page 16 Advertisements Column 3
      231 16 Introducing Tfen £ut n u Watch the hottest hand sizzles with action! lt'sSuh\va\ heat. \ou wouldn't wanna slop the music! 9 RAJAY Plaza Hcjtel V# jy f W A»«»cot ou«r«n •mvifmc lkaklMl«»a'«lnK nMIII TET£jA-TET£ TVeat yourself to our HIGH TEA BUFFET which features over 20 dainty items. Indulge in exotic
      231 words
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      Page 16 Advertisements Column 4
      388 16 fi Oui! The best of French cuisine in one sitting. Pates, terrines, escargots, canard a l'Orange, souffles and J over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm Adult:
      388 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      738 16 TELEVISION AND RADIO Am A fYlDf*ir*OYl "ITI M )ot*|C SBCI2 t3 ST(fi2, JN-- l-lli 6.30 islam society BUSINESS ON RADIO /VII /\lllvl lCdll 111 1 di iIJ 7.10 <« '"P*" A 8.20 Fridiy'Background (See Our 7* Nrt«rt, ~M ep>sode> j-J* JgT pfi News 935 Aneel W Dea,h 830 Upr Meter.
      738 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Shivers down your spine
      1039 17  -  The man who arouses maternal instincts as well as libidos turns 75 next month. Mike Zwerin takes a look at a living legend Mike Zwerin IHT IN A 1956 Encyclopedia of Jazz poll, Frank Sinatra was voted top male singer by 56 out of 120 musicians,
      IHT  -  1,039 words
    • Article
      Award for Billy Joel
      295 17 CHATTERBOX BILLY JOEL will receive a humanitarian award from the Cathedral of St John the Divine, the Episcopal cathedral in Manhattan. Joel, who has given concerts for the benefit of environmental groups and is active in local causes on Long Island, where he lives, plans to
      295 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      219 17 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. ANA HOTEL 16 NASSIM HILL. SINGAPORE 1025. TEL: 732 1222. SINCAPORE Ma-hor, Krathong Thong,. Ij Pad Si Sa hal,
      219 words
    • Advertisement
      Page 17 Advertisements Column 2
      413 17 —^i——— m Since her maiden voyage on August 13,1989, a luxurious cruise liner has brouQht to Singaporean Immense pleasure and a new concept in Travel. is pleased to officially announce appointments of our new OWNERS REPRESENTATIVE AND SHIPPING AGENTS with immediate effect on all shipping and commercial matters in Singapore
      413 words
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      Page 17 Advertisements Column 3
      361 17 NOTICE NOTICE IS HEREBY GIVEN that, I, Lim Chee Seng, Augustine of No. 233 Tampmes Sl 21 108-623, Singapore 1852, have applied for a Liquor Retail Shop licence in respect of premises at M/s Golden Rose Enterprise at 126 Joo Seng Road #02-08, Goldpines Industrial Building, Singapore 1336, and that
      361 words
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      Page 17 Advertisements Column 4
      296 17 m wrMM" > 4 Kfll EAT-AS-MUCH- AS-YOU-WANT- SUSHI $48 Sushi Counter, Daily, All November 1990 1200 to 1430 hours NISHIKI RESTAURANT MARINA BAY GOLF AND COUNTRY CLUB 6 MARINA GREEN SINGAPORE 0101 TEL: *****11 TDAIV A Reslauran anc 1 K\/lIVA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik Beef Borshch
      296 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Wall Street surge fails to boost sentiment
      4366 18  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market yesterday closed mixed after a day of dull trading which saw no fresh factors. In spite of good gains on the New York market during Wednesday's trade, Asian markets, particularly in Japan,
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3915 19 Main Board OCBC Foreign 750 20 *2 7% Robinson 286 13 +4.8% Shangri-La 510 12 +2.4% DBS Foreign 975 +10 +1.0% Prima 535 +10 1.9% OUE 525 +10 +1.9% B Scmbawang 460 +8 +1.8% Ac ma 173 +7 +4.2% Kcppcl Corpn 496 +6 Fl.2% Cold
    3,915 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      210 20 Company Date Year Group Not Not earning* Gross ann to profit/loss (L) per share dividend (*000) (coots) M Glass No* 9 Jul 90 M$/.434(J9.030) 29 9(36 3) 16TE(16TE) GK Go* No* 5 tun 90 J8.167(-) 41(-) 5(-) FA1 Ins No* 1 lun 90 AS18.237($60.043) 8 0(27 1) 90(90)
      210 words
    • Article
      PRELIMINARY RESULTS
      133 20 Company Date Year Groep pre-tax Net earnings Cross a R n to profit/toss (L) per share dividend (*000) (cents) H S PH Nov 9 Aug 90 $194,085($135.420) 54 8(38 8 35h(25) Ungui Nov 8 Jun 90 M$3,5861 ($15.8091) E MS Nov 6 Jul 90 $20,6091 ($6,236) -(9 3a)
      133 words
    • Article
      CORPORATE DEVELOPMENTS
      321 20 Nov 14 Kim Enf Hotdings has set up a New York office, operational on Jan 1. 1991. The wholly-owned Amercian subsidiary will market stocks and shares listed on the stock exchanges of Singapore, Malaysia and Hongkong landmarks Bhds wholly-owned subsidiary, Landmarks Hotels and Realty Bhd, has entered into
      321 words
    • Article
      DIVIDENDS ANNOUNCED
      751 20 Current Ex Books Date Total for Total for payment date dose payable the year last year MSB 101(b) Jan 4 Jan 18 Jan 28 10% 12% Antah 61(b) Nov 22 Dec 6 Dec 28 6% 6% Berjaya Corpn 6% Nov 7 Nov 21 Dec 14 12% 7 7%(a)
      751 words
    • Article
      INTERIM RESULTS
      348 20 Company Date Half-year Group pro-tax Interim ann to profit/loss (L) dividend ('000) AMMB Nov 13 Sep 90 M$56,049( $33,996) 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 ($4.086) Murata Nov 7 Sep
      348 words
    • Article
      RESULTS DUE
      652 20 Singapore Stocks Last Full Year Company Penod Oat* Tear Net En Grou Nat mned sndrj (cants) dv praftt last rear (T000) leong Mat Interim Mar 30 Dec 89 5351(h) Spore Land Fral Nov 3 Aug 90 6.4(a) 7.5(a) 15.842 HTP Hdp Interim No* 8 Mar 91 2.6 2,334
      652 words
    • Article
      APPROVED ISSUES
      405 20 Company Rights Issue CUM Five-tor four <q, MJ4 00 per share Ex4ate Nov 23 Books dose: Dec 7 Acceptance Payment: NYA Emtei One-for-one <a. MSI 00 per share Ex-date Nov 5 Books dose Nov 19 Acceptance > Payment NYA M Bankng One-tor two MS5 00 per share Ex-date
      405 words
    • Article
      BONDS, LOANS & WARRANTS
      677 20 BONDS, LOANS WARRANTS Company Cwwinlwi period Cowwriiw twm for mm ifdury stora CirC Wt Before 26/4/93 1 warrant plus (3.09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant plus $1 nominal amount of loan stock. Ctuan Notts Chuan ftp March 87 to
      677 words
    • Article
      RECORD HIGHS & LOWS
      157 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 high: 1435 43 (16/7/90) 1990 hi*: 1607.12 (27/3/90) 1990 low: 981.07 09/11/90) 1990 low: 1079.50 (11/10/90) 1989 N«h: 1322.00 (28/12/89) 19S9 high: 1487.76 (26/12/89) 1989 low: ***** (4/1/89) 1989 low: 1030.69 (4/1/89) 1988 hifh: 1043 86 (8/8/88) 1988 hgh: 1177.87
      157 words
    • Article
      PROPOSED ISSUES
      457 20 Company Rights Issue Alcorn One for two <n MSI 00 per share Issue erf 10m Cumulative Redeemable Preference Shares ol MJO 10 each at MSI per share with 10m detachable TSR Baton One-tor-tour MS2 00 per share Causeway to* Three-tor-tour $0 60 per stare P ACS Capital Reduction
      457 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      665 20 52 BANK OF NEW ZEALAND GROUP Annual Report For the Year Ended 31st March 1990 CONSOLIDATED BALANCE SHEET as at 31 March 1990 CONSOLIDATED PROFIT AND LOSS STATEMENT For the year ended 31 March 1990 Note 1990 1969 NZ$OOO NZ$OOO Note 1990 1989 Assets Employed NZ$OOO NZ$OOO Liquid Assets (6)
      665 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares drift lower in lacklustre trade
      3724 21 Bernama SHARE PRICES in Kuala Lumpur yesterday drifted to a lower close in lacklustre trading after the market failed to sustain initial gains on lack of follow-through support. The KLSE Composite Index see-sawed narrowly to end 1.18 points lower at 471.67 while the Industrial
      Bernama  -  3,724 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      440 21 UNITED INDUSTRIAL CORPORATION LTD Incorporated in Republic c< Singapore) LOST SHARE CERTIFICATES Areata* ha* bean mate to Oieciois ot ***enamed company lo issue in place o» the tollo»"nß*arecartifiealeewh«ii have been reported lo* or defrayed HtriAm CertllcrtwNfc Nawa etllWaek *****91F/***** *****00 124&01 C YVjan Hi#> Sua In MO NOTK 6 HfHUY
      440 words
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      Page 21 Advertisements Column 2
      292 21 THE COMPANIES ACT CAP. M INTERNATIONAL INDLSTRADE PTE LTD (la Voluntary Liquidation) At an Extraordinary General Meeting of the members of the abovenamed company duly convened and held at 10 Anson Road. #13-12 International Plaza, Singapore 0207 on the 11th day of November, 1990. the special resolution set out below
      292 words
    • Advertisement
      Page 21 Advertisements Column 3
      259 21 TELEPHONE: 730-5937/5902/5942 FAX 73 4 498 2 ■J Li A COMPUTER SYSTEMS ADVISERS GROUP TOWARDS ITS THIRD DECADE OF EXCELLENCE The CSA Group is a leading systems house with offices in Hong Kong, Thailand. Malaysia. Singapore. Indonesia. Australia and the United States. OVERSEAS ASSIGNMENTS THAILAND GENERAL MANAGER A dynamic person
      259 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks slip lower as buyers stay away
      2223 22 Reuter TOKYO STOCKS closed lower yesterday after a day of lacklustre trading marked by an absence of buying enthusiasm despite lower oil prices and gains by Wall Street shares overnight. Brokers said the shortage of buyers drove the indices down on sell indications.
      Reuter  -  2,223 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices ease as investors take their profit
      2242 22 Reuter PROFIT-TAKING in response to three days of solid gains dragged Hongkong stocks relentlessly lower in moderate trade, brokers said. "Few like to admit it, but many institutional investors are out there day-trading," said an analyst with an Asian Securities house. "They are
      Reuter  -  2,242 words
  • Page 22 Advertisements
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  • REGIONAL STOCK MARKETS
    • Taipei hits a near three-month high
      • Article
        AUSTRALIA
        1017 23 WESTPAC Banking Corp's year net profit result helped provide some respite to the Australian share market yesterday which struggled to close marginally firmer. Westpac's year net profit fall to $683.90 million from $800.70 million was in line with expectations and brokers said the market welcomed the decision to maintain
        1,017 words
      • Article
        INDICES & TURNOVER
        88 23 INDICES TURNOVER Close Previous No* 15 SYDNEY All Ordinaries Index 1345.3. 1345 2 fO.I All Industrials Index 2,009.4 2006.5 +2.8 All Resources Index 828.7 830.4 -1.7 Turnover (million) 84.27 85.36 -1.09 BANGKOK SET Index 655.84. 652.13 3.71 Turnover (million) JAKARTA Composite Index 398.95 402.51 -3.56 Turnover (nearest '000) 1,550 964.50
        88 words
      • Article
        BANGKOK
        634 23 BANGKOK stocks finished marginally higher in lacklustre trade yesterday while investors remained cautious in the absence of market moving news, brokers said. The SET Index rose 3.71 points to close at 655.84. Siam Cement gained 20 baht to 4,906, Siam City Cement and Padaeng one to 124 and 105.
        634 words
      • Article
        TAIPEI
        361 23 TAIWANESE stocks surged yesterday near the close to end at their highest levels in nearly three months, dealers said. The weighted index gained 112.58 points, or 2.92 per cent, to close at 3,962.85, the highest level since Aug 17. Turnover was $62.3 billion against $69.1 billion. Dealers said the
        361 words
      • Article
        SEOUL
        830 23 SEOUL stocks fell towards the 700 level yesterday after fluctuating in a narrow range as individual investors remained on the sidelines, brokers said. The composite stock index lost 3.44 points to close at 701.45, with volume at 200.9 billion won against 192.5 billion at Wednesday's close. Falls led rises
        830 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        334 23 In local currency in in tat day change year change day year day year No* 13 Index change change change change World JEAFE Europe Pacific Far East 353.3 1.5 -24.0 1.4 -26.3 1.3 -18.1 468.5 364.3 778.2 2.1 0.3 3.6 -31.2 -19.2 -38.5 2.3 0.6
        334 words
      • Article
        MANILA
        489 23 SPECULATION over a dividend declaration by blue chip Philippine National Bank drove share prices up for the third straight day yesterday, sparking cheer in a market that has been depressed for weeks. The Manila Stock Exchange composite index rose 5.37 per cent or 33.04 points to close at 647.54.
        489 words
      • Article
        JAKARTA
        563 23 PRICES on the Jakarta stock exchange closed mixed yesterday, with the composite index falling 3.56 points to 398.95, but turnover rose to 1.55 million shares from 964,500. Brokers said they actively traded cement shares, with Semen Cibinong and Indocement leading the regular market at a combined volume of 139,000
        563 words
      • Article
        Untitled
        194 23 Wellington NZ Cents VoHHO) Air NZ 101 -3 1328 ANZ Banking 465 -25 130 Bank Of NZ 53 -I 6366 Baycorp Hold 6 Bnerly Inv 114 -3 ***** Carter Holt 197 I 2350 Carter Opts 13 1 263 Cavalier Corp Ceramet) Corp 87 87 103 Cityrealties 25 Corp Inv 101
        194 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      25 23 The New Zealand and Bombay reports were net available Closing prices for all markets except Taipei are provided by Telerate. Chartpoint in BT every Saturday
      25 words
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  • WORLD STOCK MARKETS
    • Dow rides higher on heavy trading volume
      • Article, Illustration
        NEW YORK
        1125 24 NEW YORK stocks rallied on Wednesday in the heaviest trading in nearly a month, but analysts differed sharply on whether more big gains or additional setbacks will follow. The Dow Jones industrial average, which had advanced as much as 37 points by late in the day, fell back
        1,125 words
      • Article, Illustration
        LONDON
        752 24 SHARES closed lower on London's Stock Exchange on Wednesday as investors assessed the news that Prime Minister Margaret Thatcher is being challenged as leader of the governing Conservative Party. Former Defence Secretary Michael Heseltine said he will challenge Mrs Thatcher in a ballot among Conservative legislators on Tuesday. The
        752 words
      • Article
        FRANKFURT
        350 24 GERMAN shares ended 1.1 per cent higher in moderate, mostly technical trading yesterday, with investors drawing confidence from the market's relative stability so far this week and optimistic for further gains today. Deal- ers said the 30-share DAX index now seemed firmly lodged above 1,400 points though it was
        350 words
      • Article
        INDICES & TURNOVER
        82 24 INDICES TURNOVER NEW YORK Close Previous Nov 14 Dow Jones NYSE Financial SAP 500 Turnover (million) 2.559.65 2,535.40 +24.25 117.40 116.02 +1.38 320.40 317.67 +2.73 161.4 160.2 +1.2 LONDON Financial Times 30 FTSE 100 Turnover (million) 1,583.2 2,046.0 356.5 1,593.6 2.056.0 422.9 •10.4 -10 -66.4 AMSTERDAM CBS Tendency Index 94.8
        82 words
      • Article
        PARIS
        173 24 FRENCH shares were slightly lower at midday yesterday, regaining some of the ground they had lost in the morning in reaction to Finance Minister Pierre Beregovoy's comments on inflation and the strength of the French franc, dealers said. The CAC-40 index eased 5.45 points or 0.34 per cent to
        173 words
      • Article
        BRUSSELS
        168 24 BELGIAN shares started mixed in moderate trading yesterday, although dealers said trading in the stock of major holding company Societe Generale de Belgique was heavy. "The Gulf crisis is still the main factor weighing on the market," said one dealer. Thirteen shares opened higher, 20 lower and four were
        168 words
      • Article
        AMSTERDAM
        438 24 DUTCH shares skated ahead at midsession yesterday on a thin crust of improved sentiment stemming from a lack of bad news from the Gulf and weaker oil prices this week, dealers said. "This can go on for a while, but it's all very fragile," said Rob van der Pal
        438 words
      • Article
        JOHANNESBURG
        361 24 JOHANNESBURG mining and industrial shares had mixed fortunes on a thin and uncertain stock market on Wednesday as the financial rand continued to strengthen after its recent sharp gains, dealers said. The restricted foreign investment unit advanced further to around 3.55/58 per dollar after surging to 3.59/62 on Tuesday.
        361 words
      • Article
        ZURICH
        259 24 SWISS shares traded barely steady to lower at midsession yesterday after prices edged back from a slightly firmer opening, dealers said. Turnover was very light, with many investors stuck to the sidelines as the Gulf crisis continued to overshadow the market. Wall Street's overnight gain had only limited impact
        259 words
      • Article
        TORONTO
        230 24 TORONTO stocks closed mixed on Wednesday after a drop in gold shares and blue chips kept the market from following a rally on Wall Street, dealers said. "The inter-listeds didn't perform as well as they usually do with New York ahead so much," one trader said. The composite index
        230 words
      • Article
        Untitled
        120 24 Milan No* 14 lire Ass Gen ***** -700 Bastogi 265.25 -7.75 Fiat 5616 -253 Finsidcr susp IfiPnv ***** -720 Italccmcnti Ord ***** -410 Italgas 2632 37 Magnet i M Pf 900 -59 Mcdiobanca ***** -589 Miralanza Mondadori Priv susp Montedison 1122 -13 Olivetti Ord 3411 -256 Olivetti Priv 2501 -279
        120 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Mark maintains strong position against other major currencies
      1205 25 FOREX MARKET REPORTS THE MARK yesterday held its recent strength against other major currencies, opening little changed in Frankfurt from Wednesday's close. The US dollar recovered slightly against the mark after dipping as low as 1.4703 mark in US trading on Wednesday.
      1,205 words
    • Article
      INTERBANK FOREX RATES
      387 25 Cross rates Nov 15 USS SS MS Dm Yen SFr AS NZS USS 1.7113 2.6953 1.4718 129.13 0.5106 1.2477 1.2962 1.6388 S$, 0.5844 1.5750 0.8600 0.7546 0.2984 0.7291 0.7574 0.9576 MS 0.3710 63.49 0.5461 0.4791 0.1894 0.4629 0.4809 0.6080 Dm 0.6794 1.1627 1.8313 87.74 0.3469 0.8477 0.8807
      387 words
    • Article
      MONEY MARKET
      561 25 Interbank rates SS Bid Offer Overnight 4 3/4 1-month 6 1/4 6 VH 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 i Overnight mode: 5-3/8 LS$ Bid <>flrT 7 days 7 15/16 K 1/16 1 month 7 7/8 8 J 2 months 8 1/16 8 3/16
      561 words
    • Article
      Lock icon German unit riding high on Bundesbank support
      616 25 Reuter THE Bundesbank's resolve to keep its currency strong has underpinned the mark on world foreign exchange markets, with further gains for the German currency likely, dealers and economists said. "Looking at economic fundamentals, the mark is certainly heading higher," said Mr Rolf
      Reuter  -  616 words
    • Article
      FINANCIAL FUTURES
      1191 25 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/Int Vol Dec 90 92.10 92.10 92.09 92.10 700 ***** M67 Mar 91 92.45 92.45 92.44 92.45 2500 9324 4523 Jun 91 92.47 92.48 92.46 92.47 500 4926 1202 Sep 91 92.35 92.35 92.34 92.34 80 1370 749 Dec 91
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  • COMMODITIES
    • Article, Illustration
      Lock icon Mine output of zinc, lead up substantially
      271 26 AFP THE Western world's mine production of lead and zinc rose substantially in the first nine months of this year, the International Lead and Zinc Study Group (ILZSG) said on Wednesday in its latest monthly report. Mine production of zinc rose by nearly
      AFP  -  271 words
    • Article
      Lock icon Oil and gas industry spending down
      272 26 AFP EXPENDITURE on oil and gas exploration, development and production last year fell 4.7 per cent from 1988, the American Petroleum Institute (API) reported on Tuesday. The oil industry spent some US$45 billion last year, compared to US$47 billion in 1988. Exploration suffered the
      AFP  -  272 words
    • Article
      Short-covering pushes gold up in HK
      842 26 REPORTS GOLD closed higher yesterday in quiet trade in Hongkong on late short-covering. "A quiet market encouraged relatively good two-way trading business today," a bullion dealer at a Swiss bank said. Some dealers expect the precious metal to be capped at about the US$3BO
      842 words
  • Article
    PRICES
    1338 26 Rubber Nov 15 MS (h* fcalw) S cents/kg Noon Close Int 1 RSS Prompt 155.50/I56.50N 155.50/156.50N Int I RSS Dec 9© 155.50/156.50 155.50/156.50N Int 1 RSS Jan 91 154.50/155.00 154.75/155.25N Int 2 RSS OP 150.00/152.00N 150.00/152.00N Int 3 RSS OP I45.00/I47.00N 145.00/147.00N Int 4 RSS OP I4l.00/I43.00N 141.0Q/143.00N Int
    1,338 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1073 26 DAO HENG BANK LIMITED US$ 45,000,000 Negotiable Floating Rate US Dollar Certificates of Deposit Due May 1991/1993 In accordance with the provisions of the Certificate of Deposit, notice is hereby given that for the six month interest period from 13th November 1990 to 13th May 1991, the Certificate will carry
      1,073 words
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      Page 26 Advertisements Column 2
      7 26 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1048 27 City Flight ETA Flight ETD Abu MuW GA894 0010 SRI87 0135 GA890 2225 GA970 2335 Adelaide SQ227 2130 Amman RJ182 1445 2 Amsterdam KL835 1505 KL836 0650 SQ24 2215 GA890 2225 Athens SQ45 0805 SQ24 2215 Auckland NZ35 1530 BA11 1255 SQ338 2030 SQ325 2115 BA12
      1,048 words
    • Article, Illustration
      Top city for business visitors
      611 27  -  LETTER FROM LONDON By David Churchill TO MOST Londoners, it hardly seems credible that the UK's capital could be voted for the second year running as the favourite business city of international readers of a leading business travel magazine. How could anyone prefer London to
      611 words
    • Article
      MONEY CHANGER RATES
      150 27 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3130 1.3330 Canadian dollar 1.4590 1.4790 NZ dollar 1.032 1.063 Sterling pound 3.3380 3.3580 US dollar 1.7060 1.7160 IxxaU dollars to 100 units of foreign currency Austrian schilling 16.20 17.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      94 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 0313 Rubber Fair Association Nov 19-25 International Peru Feria Internacional ********** Nov 14-20 International Paris Sopros-Blenheim 1/*****000 Fair for Del Pacifico Technical Agriculture Exhibition of Livestock. Equipment Mgt Fishery
      94 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      183 27 $1 c Singapore Indoor Stadium 28th December 1990 2nd January 1991 $40. $50 and $80 tickets are BB Victoria Memorial Hall Wisma Atria All Safra S|t L mm ggfi Clubhouses •Oriental Emporium (Jurong hast. -r jr r m Ang Mo Kio. Bedok. Bukit Merah. Holland Village tl QJS»3 §g KL
      183 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      198 27 SStMBd (9) 28 A little utensil very often 25 A bouquet can give such a made of precious metal (6) 7 I hc '""'c fellow s missile? lift! (6) 29 An old coach calling for 0 1?^, Society formed by a attention (9) 8 Barker the rubicund statio- charming woman
      198 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      218 27 Singapore Outlook: Showers with gusty winds over many areas in the predawn hours and early morning. Forecast: Maximum temperature 3I.TC Assoc humidity 66% Minimum temperature 25.2* C Assoc humidity 94% Hours of sunshine 4.65 Rainfall in mm 5.7 Rainfall this month 69.1 Rainy days this month 8 World forecast Asia-Pacific
      218 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      31 27 i ue should i qjjnj cqmc i iHfwe Vou tw<6.m ueaV£ JLoo.I&STu&c p?fti ivA sorne. RSR we J (of VOUl? senses P j/ [y o EVENING STANDARD CO. LTD., IH2-1»«0 ®300
      31 words
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  • Article, Illustration
    ICPAS proposes a purview on investments
    428 28  -  Day Two of Select Committee hearing on Elected President Bill By Anna Teo ON TOP of controlling the budgets of key statutory boards and government companies, the elected president should also approve their major investments of accumulated reserves, the Institute of Certified Public Accountants
    428 words
  • Article
    Representors want non-partisan president
    318 28 THE OFFICE of the elected president should be above politics, say representors to the Select Committee on the constitutional amendment bill yesterday. Mr Walter Woon, senior law lecturer at the National University of Singapore, said the elected head of state should not be a political figure.
    318 words
  • Article
    Lock icon China, Thailand, Indonesia back Sihanouk
    234 28 Reuter CAMBODIA was the focus of separate talks among China, Thailand, Indonesia and exiled guerilla leader Prince Norodom Sihanouk in Beijing yesterday but no new initiatives to end the 12-year-old civil war emerged. Chinese Premier Li Peng and Indonesian President Suharto agreed that the "top
    Reuter  -  234 words
  • Article
    Construction estimate down but still robust
    378 28  -  By Lilian Ang THE GOVERNMENT has knocked $800 million off its earlier estimate on next year's total construction demand, placing the figure at $5.7 billion, instead of $6.5 billion. This downward revision is because the Gulf crisis has dampened the mood in the market,
    378 words
  • Article
    Lock icon Iraq gets another blunt warning from USSR
    207 28 Agencies SOVIET Deputy Foreign Minister Vladimir Petrovsky has issued another blunt warning to Iraq to pull its troops out of Kuwait, Rabat radio said. "Petrovsky said the situation in the Gulf was approaching the danger point and said the military solution cannot be
    Agencies  -  207 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      53 28 JIL Baume Mercier GENEVE 1830 The executive in search of excellence KM riihe X the award winning i]jil^Hßfc*«^B^S^^^^^^^^i^^^K^^HMP p -*ftMP'-" aerodynamic body, the fuel-injected 122bhp powerplant, the > *.^/5. 7 OPEL"©|600 MOTORS H il Showroom: 921 Bukit Timah Road Singapore 2158. Tdl 468 0888 BACKED BY THE WORLDWIDE I I
      53 words
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      Page 28 Advertisements Column 2
      18 28 Baume Mercier GENEVE 1830 Rich-poor gap behind Mid-East instability, Pg 9 Life in Baghdad gets tougher, Pg 14
      18 words
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  • Shipping Times
    • Article, Illustration
      Slower growth expected for S'pore bunker industry
      390 29  -  By Selva Kumar SINGAPORE'S bunker industry may attain slower growth of just 4 per cent this year against initial projections of up to 10 per cent, say industry sources. Taken against the 10.6 million tonnes achieved in 1989, a 10 per cent growth
      390 words
    • Article, Illustration
      Maritime wins $8m LASH repair deal from Waterman
      368 29  -  By Selva Kumar US-BASED Waterman Steamship Corporation has awarded an $8.3 million contract to a Singapore yard, Maritime Pte Ltd, to refurbish 100 LASH barges. The contract from Waterman's technical service company, Lash Marine Services Inc, includes an option for another 200
      368 words
    • Article
      Lock icon Telecom firms to offer more services
      148 29 UPI FOUR MAJOR international telecommunications companies said they have agreed to offer more coordinated services to customers to meet growing requirements and individual needs. The agreement was announced jointly by the four partners American Telephone and Telegraph, British Telecom, France Telecom and Kokusai Denshin
      UPI  -  148 words
    • Article
      Indian ports plan increase in tariffs
      207 29  -  From Shirish Nadkarni in BOMBAY A GENERAL increase in tariffs at Indian ports is on the cards. Most of the major port trusts are currently reviewing their tariff rates, following a directive to this effect from the Ministry of Surface Transport. Port Trusts had
      207 words
    • Article
      Lock icon Pan Am, UAL finalise trans-Atlantic routes deal
      361 29 AP PANAM CORP has Finalised its deal to sell important trans-Atlantic routes to UAL Corp in a US$4OO million package that will give United Airlines a strong presence flying across two oceans. Now, United might run into trouble with the British bureaucracy as
      AP  -  361 words
    • Article
      Lock icon BA posts strong growth but sees difficult 2nd half
      299 29 NYT BRITISH AIRWAYS announced strong profit growth for the six months ended Sep 30, but it warned that the airline faces a difficult second half due to the effects of the Gulf crisis and general economic downturn. BA's chairman, Lord King,
      NYT  -  299 words
    • NEWS SUMMARY
      • Article
        Pan Am's survival strategy
        41 29 FOR YEARS, Pan Am has been facing one crisis after another. Each time, it has shown a remarkable ability to survive. But one way or another, the US carrier still needs a lot of help Page 2
        41 words
      • Article
        Ship charterers may have to fund ships
        61 29 MAJOR ship charterers may have to offer capital to finance new shipbuilding, as world fleets are ageing and owners face a severe credit squeeze. Those suggesting shipping had turned the corner and that the 1990's could see unbroken prosperity were having to face
        61 words
      • Article
        SCI allowed to seek funds from SCICi
        60 29 THE Indian government has permitted the Shipping Corporation of India (SCI) to seek funds from the Shipping Credit and Investment Company of India (SCICI). The decision will help reduce ship financing costs for SCI. SCI has recently faced cuts in budgetary support and
        60 words
      • Article
        CF, Emery sued over contract
        36 29 INSTANT Air Freight Co said that a hearing had been set for Dec 10 in its breach of contract suit against Consolidated Freightways Inc and its Emery Worldwide subsidiary Back Page
        36 words
    • LOG BOOK
      • Article
        Taiwan, Canada agree on direct air links
        94 30 TAIWAN on Wednesday announced it had signed a formal air agreement with Canada to pave the way for the first direct flights between Taipei and Vancouver next month. Vice Communications Minister Ma Cheng-fang said the agreement, the first of its kind between the
        94 words
      • Article
        Shipbrokers organise talk
        80 30 THE SINGAPORE branch of the Institute of Chartered Shipbrokers is organising a luncheon talk on the growth prospects for shipping in the *****. Mr Atle Jebsen, chairman and chief executive officer of the Jebsen Group, will cover issues such as the immediate and longer-term effects of the
        80 words
      • Article
        Kuwait to resume NY flights
        103 30 KUWAIT AIRWAYS is planning to resume service to New York even though it lost nearly two thirds of its fleet of jets to Iraqi invaders and can't fly home. Gerard Tateossian, manager of the airline's US offices, said eight jets were left from Kuwait Airways'
        103 words
      • Article
        Air France to cut routes
        92 30 AIR FRANCE will suspend several dozen domestic and French-originated European routes over the next few weeks to concentrate on more profitable ones, a reliable source said Wednesday after a board meeting of the French national carrier. Management said the move would affect mainly routes linking
        92 words
      • Article
        Cambodia linked to system
        62 30 CAMBODIA has linked itself to a new satellite system which will improve its telecommunications with the rest of the world. The hook-up was announced by OTC International, the overseas operations arm of Australia's stateowned communications company OTC Ltd, which installed the system. The updated system replaces
        62 words
      • Article
        15 rescued from sinking ship
        61 30 MALAYSIAN maritime rescue officials on Wednesday rescued 15 Indonesians from their partially submerged cargo boat in the Straits of Malacca, the Bernama news agency reported. The boat, carrying a load of coal, sprang a leak near Tanjung Ru, 12 nautical miles from nearby Klang port,
        61 words
    • Article
      TRANSPORT DIARY
      450 30 Nov 20-22; TransMed '90 The Mediterranean Freight exhibition, Athens Hilton, Athens. No 21: Directors and officers liability implications for the insurance industry, conference, Aldermary House, Queen St, London EC4 (details: Insurance Reinsurance Research Group, Bridge House, 181 Queen Victoria St, London EC4V 4DD) Nov 21-23: Second international conference
      450 words
    • Article, Illustration
      Lock icon Pan Am's strategy for survival
      1128 30 For years, Pan Am has been facing one crisis after another. Each time, it has shown a remarkable ability to survive. But one way or another, the US carrier still needs a lot of help. NYT PAN AM CORP has sold off its Park Avenue
      NYT  -  1,128 words
    • Article
      VERITAS BUNKER QUALITY REPORT
      548 30 Carbon Cirtwn Nov 12 P—lyWilw Residue AJumrtun tafcmnt OwaityWatw Rtskhw toh AfcfAUw taJnuwt M/M M/M y fff Exxon KG/M*3% V/V M/M M/M PPM method KG/M*3% V/V M/M M/M PPM method ISO/Cinuc hnrti Spec E25 9911.0 1?0 (U0 30* 0.10* n tcrn USA 180 Ave 9830 5
      548 words
    • Article
      THE SHIPPING GUIDE
      12477 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,477 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        571 45 Vcsul Voy No B«1h Arrival Departtre Vessel Voy No Berth Arrival Departre Keppel Wharves ArHtis Sum 1 Bang Progoti 950W Jay Bo la 1 K33 K29 K34 alongside alongside alongside 15.11/2300 16.11/0600 2011/2300 RF CG-A-37 Samson 4 Sin Hua Southern Gl 117 4/90A ***** 14E/90 P1A P2A
        571 words
      • Article
        CONTAINER SCHEDULE
        1091 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookiic/Baiance RsRs Sty Voy No Etb/Btr Period From To From Ad Goncharov 66MF90 17/1100 1 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 16/1200 16/1459 16/1700 Aka Bhum 67S 17/2359 1 15/1500 15/1659 15/1900 3 16/0700 16/1159 16/1400 4 16/1200
        1,091 words
      • Article
        IN MALAYSIAN PORTS
        382 45 Port Klang Berth at South Port on No* 14: 3: Alam Aman; 4: Kris Merubi; 6: Megah Brooke 1; 7: Cheung Hing; 7A; Melaka Java. KCT: 8: Ocean Strength; 9: Gulf Bridge, Eagle Breeze; 10: Arosa North Port: 11: Lennmo; 12: Gan Cheng; 14 Hyundai No 15;
        382 words
    • Article
      DAILY FREIGHTS
      859 45 THE DRY cargo freight market on Wednesday featured fresh interest in grain chartering to the Far East, and rates firmed slightly, brokers said. The Baltic Freight Index was marked up seven points to 1,287 while the US Gulf/Japan grain sub-index edged up to U5523.08 from U5522.65. Talk circulated
      859 words
    • Article, Illustration
      Lock icon Ship charterers may have to fund new ships: consultant
      496 46 Reuter MAJOR ship charterers may have to offer capital to finance new shipbuilding, as world fleets are ageing and owners face a severe credit squeeze, independent maritime consultant Peter Stokes said. Those suggesting shipping had turned the corner and that the
      Reuter  -  496 words
    • Article
      Line allowed to seek financing from SCICI
      400 46  -  From Shirish Nadkarni in BOMBAY THE Indian government has permitted the Shipping Corporation of India (SCI) to seek funds from the Shipping Credit and Investment Company of India (SCICI). The decision will help reduce ship financing costs for SCI. SCI has recently faced
      400 words
    • Article
      Lock icon CF, Emery sued over contract
      166 46 Reuter INSTANT Air Freight Co said that a hearing had been set for Dec 10 in its breach of contract suit against Consolidated Freightways Inc and its Emery Worldwide subsidiary. Instant said it was in the middle of a four-year contract to transport air cargo
      Reuter  -  166 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      272 29 BSWEE HENG METAL CO PTE LTD 13. TUA3 AVE 14. SINGAPORE 23*1 TELEX RS ***** 3MMCPL TEL: 861 5855 (Shnaa) telefax 811 2M« 11 IK uxMACtmroa I ftv tafcMla *>•» t l.frn &£j((b/ly i 117 lonwJOknw /flull I kid 111 i| •Etocnctokin l/il /MMH lpo BHEm SMtMfOM. MALA »MA Commit*
      272 words
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      Page 29 Advertisements Column 2
      28 29 Container Schedule 17 Dady Freights 17 Index to Advertisers 3 Shwng Guide 10.11 Ships in Port 17 Singapore fries 17 Veritas Report 2 Weather and Sea Condrtions 17
      28 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      60 30 "FOR SALE" GENERAL CARGO SHIP, 3 HOLDS, NO TWEEN DECK, 3 SWL 10 TON CRANES, DWT 3120, GRT 2880, FULLY LLOYDS CLASSED, ALL SURVEYS UP TO DATE, S.S DUE 1994, RECENTLY D DOCKED AND OVERHAULED ALL MACHINERY, ALL CERTIFICATE VALID. PLEASE CONTACT THE FOLLOWING NUMBERS FOR FURTHER DETAILS: MOBILE PHONE
      60 words
    • Advertisement
      Page 30 Advertisements Column 2
      16 30 Pan Am will eliminate most of its feeder flights. Such flights do not pay for themselves.
      16 words
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  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      1996 31 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt, Singapore 0208 *11If# ret *****11 TELEX NO RS 24m HTCTTTIH TERMINAI/CFS r e i *****18 220 7m Fflflnl BOOKINGS T(4 *****34 235 I Vw/ >J tSAKA JARDINE SHIPPING AGENCIES p O" T KELANG TEL: 3684 U8 NO MA*****/MA***** PENANG TEL *****4
      1,996 words
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      Page 31 Advertisements Column 2
      1255 31 INDEX I TOMVEKTBERS Page Col Page Col lA| 1 M I ABC C'ontainerline 13 5 Mac-Ncls Agencies 14 1/2 Accord Group 8 1-3 Macolinc 18 2/3 AFS IS I Madju Sdn Bhd 16 1/2 *^!u Cn C e'' ,n f' < •MacrskLine 3 4/5 aST?? 1 \i < Ma.nfre.ght 15
      1,255 words
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      Page 31 Advertisements Column 3
      2222 31 r pi.'.Hj,L-l!JIIJIJ I j Vessel Voy ETA I ETD "Port 'Penang DESTINATIONS Singapore Kelang This week M«|«slic M 900 A Feeder by cv 20/11 oeoo hps Farco CFS i#/ti?3»MRS M Tauro OAK LQd HOU MEM ATI MIA CHS BAL PHL NYC MON TOP MAJESTIC M 9006 20/11 21/11 Sid 17/11
      2,222 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1248 32 ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS 96/540 18/11 5/12 8/12 10/12 CARDIGAN BAY 98/539 22/11 17/12 11/12 13/12 10/12 16/12 BENAVON 97/543 25/11 12/12 15/12 17/12 BREMfcN EXPRESS 99/542 29/11 24/12 18/12 20/12 17/12 23/12 BENALDER 98/546 2/12 19/12 22/12 23/12
      1,248 words
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      Page 32 Advertisements Column 2
      604 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I FLORKANA 20-28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO. APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANK VAP I KLOKKANA 20-2K/11 .10/12 31/12 1/1 Also accepting Cargo to Callao (Peru) via Valpa Agents: SINGAPORE: 534M56
      604 words
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      Page 32 Advertisements Column 3
      1453 32 I I?i3iwifliwfiff> ?>*— REGULAR INOEPENOENT RILL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA (VIA (VIA iVIA ALG) ROT) AM) NORASIA SUN 9037-3 18/U U/12 12/12 15/12 18/12 19/12 17/12 18/12 21/12 NORASIA PEARL 9038-3 ***** 17/12 19/12 22/12 24/12 25/12 26/12 27/12
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      1740 33 fljg.Sieamers Maritime Holdings Ltd WP&O I JPTJV STRAITS SHIPP NGI WSk Containers fcj Voy *0 PKlmi S pun S'lon H Dur| Bhawn R'din. Lrt A^»DrI U£ SA S To*lo EXPRESS 96.540 ♦BAH 12/11 11/11 05<12 07/12 08/12 40 CARDIGAN BAT *539 BAR 19/11 22/11 IS/12 12(12 U/12 10(12 17(12 STRAITS
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      1501 33 *TO^UROPE^^^^^^^^^^^^TfrFAßEA§T^^^^^^^^ SP LH RDM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN LEHAVRE 010W 11/11 «/12 7/12 1/12 10/12 11/12 HANJIN OAKLAND OIK IJ/11 22/11 23/11 21/11 »/ll HANJIN FELIXSTOWE 005W 24/11 12/12 13/12 14/12 16/12 17/12 CHOYANC GLORY 001E 2S/11 29/11 30/11 3/12 i/12 CHOYANC PARK Oil* 1/12
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      48 33 SaVLHM SMPPMG PTE LTB. 30-09, Tang Eng Hd 9 101 Cmc» St S'par* 0106. T«4t *****12, *****13, *****34. Taton, RS ***** Fa* *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIDAH 22/23 NOV SIBU, KUCHING SRI ARIKA 16/17 NOV PENANG SUTRA 20/21 NOV P. KELANG SUTRA 2S/29 NOV KUCHING. SIBU
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      388 33 uaawam 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 In Port ***** P. Kelang Sailed 1101 24/11 Hongkong Calcutta Yokohama 2/12 Nagoya 30/11 I*l2 Osaka 30/11 Fully Booked Scnboku UA 2 Tokyo Hochiminh "For
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      602 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY S PORE ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA;3O#B 2&-29/11 2/1 8/1 12/1 14/1 KUTAI/21WB 1 22 26/12 24/1 30/1 4/2 8/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Also ecceptlng cargo to Caaablanca, Port Said. Port Alexandria. Genoa.
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      Page 34 Advertisements Column 2
      874 34 Art HANJIN SHIPPING yy J FULL CONTAINER SERVICE i S pore I L(Havre R dam H'burg B haven Fstowe FEEDER VSL SIN LINE HAUL LAX OAK 18/11 6/12 7/12 8/12 10/12 11/12 HANJIN OAKLAND 010E W/U H SEOUL 109E 14/12 18/12 25/11 13/12 14/12 15/12 17/12 18/12 CHOYANG GLORY 001E
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      Page 34 Advertisements Column 3
      1349 34 —4 y i H "I H 1 d IC n PKL SCP HKC KSC KLC PUS HKT OSK SMZ TYO LAX SEC PTL CHS BAL NYC IHV ANW RDM FU/THP HBG SGP I E GUARD 1 040E I*ll fl/11 «/ll *U U/U 14/12 E GIANT RE 041 21/11 2*ll 4/12
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      1926 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S* BOOKINGS: yy UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mr aust/india/pak service— *****18 far east service— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 1 l u CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA /rt
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      Page 35 Advertisements Column 2
      1110 35 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 LOADINC fOR WESTBOUND VESSELS VOYAGE |SPORt |MAmU HKOWt VOYAGE SPORE PKLANC HBURG BHAVEN TILBURY ROTT ANTWERP
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      1352 36 I dl K LINE KAWASAKI KISEN KAISHA, LTD. EXPORT N. AMERICA PACIFIC SOUTH-WEST j IMPORT N. AMERICA PACIFIC SOUTH-WEST 7 /FEEOER VESSCI VOY 'INOO "PR/PHC SGP MOTHER VESSEL VOY LB OA* CHI NYC 111 «"E l T T JJ, lO* "Tl ?M1 rasnu is si 3 y s gg as
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      Page 36 Advertisements Column 2
      773 36 PHIU-OM€NT LIN€S PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 17 NOV Montreal, Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO. 21 NOV
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      Page 36 Advertisements Column 3
      393 36 /V_^ 7 GOLDEN LINE A lvf>si GUAN guan shipping f£<J<V (PTE) LTD I ja, Tel ok A*er Street SINGAPORE 0104 TEL: 5343 M (10 LINES) Fax: *****04 (CR No **********0W) imiw/miAN cuif wvwi S'pore P Ketang Penanj GOLDEN WONDER Colombo/Karachi/Oubai 22/24 Nov GOLDEN BEAR Cotombo/Kafadii/Dubei «/M On CHINA IMVICT DAI
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      1431 37 sssswff PACIFIC INTERNATIONAL LINES (PTE) LTD Jy ffgg PIL Building, 140 Cecil Street *0340, Singapore 0106. [JAKARTA I I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOY SM BKK SM EDEN 9038 17/11 is/11 23/11 PEGASUS PROGRESS 843N 17/11 20/11 24/11 EDEN 9039 23/11 25/11 29/11 SEA GLORY 0«N
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      923 37 r BEN LINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint IjnA Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL fvOY SPORE P.KLANG SHAMPTON| HAMBURG B'HAVEN R-QAM LHAVRE Tokio Express 96/540 18/H Via Ban 5/12 8/12 10/12 Cardigan Bay' 98/539 22/11 16/12 11/12
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      Page 37 Advertisements Column 3
      53 37 pi JORDAN FAR EAST LINE S. A. REGULAR MONTHLY BREAKBULK SERVICE TO RED SEA PORTS Vessel/Voy ISKAH ITG MAN I SPORE FOR Hodstdsh FORTUNE BETA 5/12 10/12 15/12 JEDDAH,' JFOOBW AOABA LOAD FM E. M'SIA/INDONESIAN PORTS SUBJECT TO INDUCEMENT General Agents: VBEN LINE AGENCIES (S) PTE LTD. Tel: *****22 Fax:
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      Page 37 Advertisements Column 4
      329 37 tegk MYANMA M* FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIO7W 19/22 Nov Hi ft HPA-AN VIS7W In ft SITTWE V4BW 21/2S Nov (LOADING FOR RDAM/MMBG/ANTWP) PAGAN VI64W 29/1 Dec ■g* THE BANK LINE (A Mrvic* oI Andrew Walr Shipping) VT SEMI-CONTAINER
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      827 40 INFS^^ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FLX BRV RDM ANT HBC MECKLENBURG WMOO2 26/11 23/12 22/12 24/12 21/12 ASIAN SEN WFO62 29/11 22/12 21/12 20/12 23/12 2S/U BRANDENBURG WMIOI 1/12 5/1 4/1 «/l 2/1 JAPAN SEN WflOl 11/12 3/1 4/1 t/1 7/1 S/l AMERICAN
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      Page 40 Advertisements Column 2
      1126 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 24 NOV ft 1 DEC LONDON ROTTBIIMM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EVROPE INLAND DESTINATIONS FAR EAST PORT KELANG 23/11 30/11 MANILA 24/11 1/12 PENANG 23/11 30/11 BUSAN 18/11 4 25/11 BANGKOK 18/11 22/11
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      299 40 LOADINC FOR VESSEL SPORE CBO DM BAIBES MVIOIO M STS *1T PACUA MOSTWEEN I 10(12 MfU ***** *1 Bfl UH OfT nl L_J ALSO LOADING FOB BUENOS AIRES Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med PoW|. Sooft P K*l«if Pxunf Loading lor GENCLIK V V* 7
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      Page 40 Advertisements Column 4
      1181 40 fcT\ BP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE gj"" 2. Ml ST RI ROAD. HMC BUILDING TELEX A R X S #IS-OQ, SINGAPORE 0207 CABLE: COSTARLINE CR NO: **********0 M General Agents: 006 TAR SHIPPING FIE LTD I TOIUROP* WW«WO« VESSEL/VOY SCP ax ROT HAM AWT OKK VESSEUVOY
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      830 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 I Competitive Rates!! ETA USA All IPI Destns 24/11, 1/12 EUROPE all Ports 23/11, 30/11 BANGKOK 19/11, 21/11 HONGKONG/CHINA 22/11, 26/11 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 Kelaog Branch Tal: *****21/2/3 Fax: *****24
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      Page 41 Advertisements Column 2
      240 41 fK RICHFIELD MARINE AGENCIES (S) PTE LTD Sf TEL: *****33 (12 Unas) m FAX: *****15/*****03 IfTlj TELEX: RS ***** RISHIP (3 Llnas) ]\tT\ ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA I LOADING FOR SPORE NETSANET 20WB lo Pt OARESSALAAM MOMBASA DJIBOUTI ASSAB
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      Page 41 Advertisements Column 3
      841 41 MASKAPAI PELAYARAN WPULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BINGAPORK INDONEBIA SERVICE VSL VOY SIN JKT PAJ SIN
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      Page 41 Advertisements Column 4
      972 41 BANGKOK CEBU/MANILA VESSEL I VOY SIWCAPORt BANGKOK I VESSEL [vOY S PORE CtWJ MANILA SIRI BHUM# 470N Sun 11/11 Wed 21/11 THANA BHUM 46S U/ll 22/11 24/11 MAHA BHUM# 35N Fri 23/11 Mon 26/11 SO ORIENT 47R 23/11 21/11 30/11 UNLINK 32N Wed 21/U S»t 24/11 TMANA BHUM 4>S 30/11
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      1083 42 W m MAC-NELS SINGAPORE; EXPORT TEL: *****22 IMPORT TEL *****02 11 PENANG TEL: (04) *****6 KK TEL: (088) *****0 hAWAU TEL: (089) *****9 I ~sn~ ~l P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 l-!\-/\~ JJBAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL:
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      Page 42 Advertisements Column 2
      472 42 BLUE star line SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON. BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL. FIJI AND TAHITI SIN N PL* AUCK ITT PREMIER »S 24 Nov 11 Dec Via NPI 13 Dec
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      Page 42 Advertisements Column 3
      1226 42 /SSf THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH ima m [it* Ikct mm m I eta kit KIM SOON LI 45/90E 19 NOV PENANG
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      720 43 COMPANIA PERUANA vG&JI de vapores T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore ROSEEVERETT 21/23 No* 24/25 Nov SHAPLAEVERETT 07/09 Dec 10/11 Dec KAMALEVERETT 27/28 Dec 29/31 Dec "EVERETT ORIENT
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      599 43 VSL IvOY [S PORE [MAINLINER LAX KST SAV |NYC |HfX "1 A VESSEL 21,11 2IM CALIFORNIA I*l2 2412 11/12 2/1 4/1 A. VESSEL 24/11 2IM CALIFORNIA 11/12 21/12 31/12 2/1 4/1 2IM KAOHSIUNC 12K 2/12 2IM CANAOA 11/12 V 12/1 M/l li/1 2IM OSAKA ISC 1/12 2IM LIVORNO 7/1 li/1
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      Page 43 Advertisements Column 3
      636 43 Msing kwang hang MWfWQ TRANSPORT AXIOM (PTC) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA PELOPOR V.962 17/11 18/11 I JENWEL VIB4N 19/11 I 23/11 VESSEL S PORE BANGKOK A VESSEL 14/11 17/11 A VESSEL 19/11 22/11 DESTINATIONS ETA SINGAPORE PORT KELANG 15 NOV MANILA 17 NOV HONG KONG.
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      Page 43 Advertisements Column 4
      491 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBV PELOPOR 96? 17/11 20/11 PRASETIA 121 A 21/11 24/11 PELOPOR 963 24/11 27/11 PRASETIA I?3A 28/11 01/12 TAN TO U TAMA 121 19/11 22/11 TANTO UTAMA .23 26/11 29/11 TANTO UTAMA 125 03/12 06/12
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      329 43 SIN FAB EAST 18/11 KEELUNG/KAOHSIUNG 18/11 BANGKOK 17/11 MANILA/CEBU 17/11 JAKARTA/BELAWAN/SURABAYA 16/11 PORT KELANG/PENANG/E. Malaysia 16/11 BUSAN 19/11 TOKYO/YOKO/KOBE/NGO/OSA 19/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SjN EUROPE/UK 17/11 LDN/FLX/LVP/SOU 17/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 16/11 LOS ANGELES/NEW YORK all ipi points
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      545 44 -fli. CB SHIPPING USE) MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE SPt POM MISIMA LAt TVIILt VI9SB »»ll W 12 13,12 •T/SHIP Sin luan" £i Lie 9/12 BUNKER SURCHARGE EFFECTIVE VIBSB tcii USDS 6 00 B/BULK USD 5.40 LCL USD 350 SUBJECT REVIEW BOOKINGS ACCEPTED FOR
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      970 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE AN. V2O-90W 19/11/90 16/12/90 6/12/90 11/12/90 K.S. V-21-90W 29/11/90 25/12/90 14/12/90 20/12/90 B.M.T. V23-CW9O 1/12/90 21/12/90 23/12/90 27/12/90 Y. M V 22-90W 15/12/90 9/12/90 30/12/90 4/12/90 M B V 24-CW9O 16/12/90 6/1/90 7/1/90 12/1/90 ALSO ACCEPTING CARGO
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      863 44 Cp/b KL: allied-LINK SINGAPORE: /7H^\ Sffllr 04-*****2 09-*****55 778 6522(22 linesi SEFA Marina Ong Susan Ng/Chrlsttna Chlaw Iran* Chang/Esther Yap SHIPPING AGENCIES PTE LTD \jSJJU W "n* ***** NEOSHIP Fax: *****59 Tel: *****29 (6 Unas) A. VSL 20 NOV CHITTAGONG/CALCUTTA A. VSI IS NOV TAMATAVE/BEIRA/MOMBASA ZHUHAI/JIANGMEN/HUANGPU/SHANTOU/HAIKOU/ PANYU/SHIWAN AND ALL INLAND
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      557 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 MOO ************************************************************ JR 24 20 16 12 1.0 1.0 12 16 2.2 2.7 3.0 2.9 26 2.1 1.5 1.0 0.7 0.5 0.5 0.7 L 2 1J 22 2.5 PP 24 21 16 12
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      299 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU fH§ HIAP HOE SHPPNG ENTERPRISE I l/fi J TEL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG GLORY
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      714 46 ikHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HUG SIN HYUNDAI CHALLENGER 38E 24/11 29/11 17/12 19/12 21/12 20/12 HYUNOAI PIONEER 35W 23/10 26/10 29/10 16/11 25/11 HYUNDAI INNOVATOR 37E 1/12 6/12
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      Page 46 Advertisements Column 3
      574 46 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) IRN^H Hamburg to Cofwhagw. Air hut Gothenburg, Ml Mo SPORE S TON H'BURG IHAVEN It DAM UN HMiflki. Stockholm To*lo EXPRESS MM 11/U iiu tfU 1002 Rottoriam :to Antmrp. AiwtorHam Otto. Holtrnki CARDIGAN BAY M/S3) 22/11 lt/U 11,12 13/12 10/12
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