The Business Times, 19 November 1990

Microfilm: NL17138
Total Pages: 48
1 48 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (I>) 170/12/89 Monday November 19 1990 75*
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  • NEWS SUMMARY
    • Article
      Negotiators initial arms pact
      64 1 WARSAW Pact and Nato negotiators initialled Europe's first conventional arms reduction treaty in the post-war era yesterday, consigning to the scrap heap thousands of tanks, armoured vehicles and other weapons. The 160-page treaty will be formally signed by leaders of the 22 countries at today's Paris
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    • Article
      Growth for insurers
      30 1 THE life insurance industry is expected to thrive amidst uncertainties caused by the Gulf crisis, and remain one of the positive contributors to economic growth Page 2
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    • Article
      Critical mass needed
      27 1 TO MAKE Labuan a successful tax haven, a critical mass of around 10 offshore banks is needed, says a Bank Negara official Page 7
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    • Article
      Call to act on perks
      36 1 MALAYSIA has been giving foreign investors more fiscal incentives than they need and should now aim to further rationalise these incentives to reduce tax revenue foregone, says a banker Page 7
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    • Article
      Time to ease policy
      40 1 A TROUBLING fall in exports in the September trade deficit report and a decline in imports paint a weak US economic picture which confirms the belief easier monetary policy is warranted, according to economists Page 10
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    • Article
      Hollow devaluation
      37 1 BEIJING'S devaluation of its currency by 9.57 per cent against the American dollar will hurt profits of foreign investors and is unlikely to boost significantly its small trade surplus, say bankers and diplomats Page 10
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    • Article
      Amateurs, keep out
      17 1 THERE'S no place for amateurs in venture capital, warns a seasoned pro Page 13
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    • Article
      Compact classics
      26 1 BT's reviewer listens to pianist Boris Berezovsky and violinist Akiko Suwanai, this year's winners of the International Tchaikovsky Competition, on compact disc Page 16
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    • Article
      Savings for MISC
      38 1 THE MALAYSIAN International Shipping Corp will be able to reduce its fleet maintenance cost by some MS4O million annually should it succeed in gaining control of Malaysia Shipyard and Engineering. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Deal for Nylex
      46 1 NYLEX (Malaysia), which is understood to have surpassed its forecast profit for this year after just the first 10 months, is believed to be in a position to become the regional representative of London-based conglomerate BTR pic in the near future Page 3
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    • Article
      CI looking good
      25 1 CI HOLDINGS is expected to show further improvement this year in spite of the uncertainties engendered by the Gulf crisis Page 3
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    • Article
      Shadow play
      24 1 THE nine-month-old feud between two of Malaysia's youngest and most aggressive tycoons is beginning to look like a shadow play Page 3
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    • Article
      Debt restructuring
      30 1 GLOBAL media group News Corp Ltd looks set to restructure maturing bank debt to allow time for disposals and a slim-down, say equities analysts and bankers Page 5
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    • Article
      No quick prime cuts
      32 1 US BANKS are unlikely to move quickly to lower their prime rates following the easing of monetary policy by the Federal Reserve, say economists and analysts Page 6
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    • Article
      Chase expects losses
      27 1 CHASE Manhattan Corp expects increased losses on consumer and business loans in coming months, assuming that the US economy continues to weaken Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Change BT-MGA 553.60 -1.01 Kuala Lumpur ....471.34 -0.33 Hongkong 3.008.66 +18.19 Tokyo 23,171.63 -315.85 Sydney 1.340.0 -5.3 New York 2,550.25 +5.20 London 2,068.0 8.0
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.7115 Yen SSI.3186 MS SS0.6346 Money market rates Overnight 5 1/4% +1/2 3-month 6 1/2 unch
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    • Article
      COMMODITIES
      36 1 London Gold AM fix USS380.30 +USS1.80 Rubber S'pore Dec 156.25'/kg +0.75 M'sia Dec 242.00*/kg unch KL Tin Turnover 49 tonnes +28 Spot MS 16.19/kg -0.06 Crude palm oil Turnover 3,064 lots +1.506 Dec MS812/tonne +28
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  • Article
    Inland Revenue takings likely to exceed $7b
    615 1  -  Income tax collection may hit new high of $4.6b By Anna Teo THE TAKINGS of the Inland Revenue Department look set to cross the $7 billion mark this year, going by the first nine months' collection. Figures published in the latest Monthly Digest
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  • Article
    Petroleum duty revenue jumps 32pc
    320 1 HIGHER oil prices have led to a 32 per cent jump in revenue from petroleum duty the largest source of indirect tax during the first nine months of the year. Petroleum taxes including duties on petrol, kerosene, aviation fuel, high speed diesel, fuel oil, lubricating
    320 words
  • Article
    Lock icon Gorbachev wins support for his plan
    211 1 Reuter PRESIDENT Mikhail Gorbachev has persuaded Parliament that he should take effective control of the government in a dramatic bid to pull the Soviet Union out of a political and economic tailspin. But doubts remain whether he can win the support of the fractious
    Reuter  -  211 words
  • Article
    Lock icon Indonesia planning to tighten banking supervision
    350 1 Reuter INDONESIA, stunned by foreign exchange losses of more than US$4OO million at one of its premier private banks, is trying to get its mushrooming financial house in order. "That was a very costly lesson," said the governor of Bank Indonesia, Adrianus Mooy, in
    Reuter  -  350 words
  • Article
    Lock icon Singapore banks allowed into Batam
    98 1 Reuter INDONESIA has opened up its industrial zone on Batam island near Singapore to foreign bank branches. Indonesian central bank governor Adrianus Mooy said in Jakarta yesterday that he had told Singapore banks they could set up joint-venture banks first in Batam. Joint ventures must
    Reuter  -  98 words
  • Article, Illustration
    BG Yeo voted into top policy body
    377 1  -  PAP Biennial Conference By Kenneth James BRIGADIER-General (Res) George Yeo fulfilled early speculation as "the man to watch" when he won entry into the Central Executive Committee (CEC) of the ruling People's Action Party (PAP) yesterday. BG Yeo, who is Minister of State
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  • Article
    Lock icon HK manufacturing orders down 1pc
    105 1 Reuter HONGKONG'S 200 largest manufacturing companies had at the end of September orders on hand to keep them producing at full capacity for the next 4.24 months, a survey by its Census and Statistics Department shows. September orders on hand fell one per cent year
    Reuter  -  105 words
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      278 1 jjfllj C ultured Pearls j I /§,Mi KAM POO LI V''iWMli, ILVVLLLLRS Mi OiiltJid KojJ M "01-07I'Ij/j Sin^jpurj ((.round floor) SingaporelW2* Aircraft Schedule 29 Money Changer Rates 29 Work) News 8, 10 The Arts 16. 21 Money Market 27 Work) Stock Markets 26 Commodities 28 Regional News 7 For market
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      Page 1 Advertisements Column 2
      165 1 (STERLINCjI I HOME FURNISHINGS j The look of success, #03/319-323 Marina Square, 6 Raffles Boulevard, Singapore 0103 Tel 338 8661 Why PM Lee will still be secretary-general. Back Pr P m i II STAY f OH STEP AIEAB BHBR- S A i »v That airline happen* In business, being to
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Come and serve the nation: Chok Tong
        110 2 RECOUNTING his own political ascendency. Prime Minis-ter-designate Goh Chok Tong appealed to Singaporeans especially those who consider themselves not cut out to be politicians but who have the qualities for public service to come forward and serve the nation when "invited" to do
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      • Article
        Call to kindergartens
        85 2 KINDERGARTENS have been asked to adjust their existing programmes to cater to the different needs of Singapore children who come from diverse language backgrounds. The Senior Minister of State for Education, Dr Tay Eng Soon, speaking at the closing of the First National Kindergarten Conference and Exhibition
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      • Article
        Errant employers, beware
        68 2 EMPLOYERS of casual or temporary workers will be more closely monitored by the government to ensure that they contribute fully to the Central Provident Fund. Labour Minister Lee Yock Suan revealed over the weekend that 3,600 cases of employers who did not contribute at all or who
        68 words
      • Article
        Kan Seng to visit Japan, Korea
        82 2 THE Minister for Foreign Affairs and Community Development, Wong Kan Seng, leaves Singapore today for official visits to Japan and the Republic of Korea. During his fourday visit to Japan, Mr Wong will call on the Japanese Foreign Minister Dr Taro Nakayama and, while
        82 words
      • Article
        Airing problems
        59 2 SINGAPORE will play host to the first Asean Working Group on Transboundary Pollution. The three-day meeting, which begins today, will study the socio-economic implications for the Asean region of international conventions and protocols on transboundary pollution. The meeting will also work towards arriving at a long-term plan for
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      • Article
        Labour force survey
        51 2 THE Ministry of Labour will conduct its Labour Force Survey over the next two months. The purpose of the survey is to collect data on employment and unemployment and to help evaluate and formulate plans and policies on employment. Some 11,500 households have been selected for the
        51 words
    • Article
      Steady growth expected for life insurance sector
      500 2  -  Uncertainties in Gulf will not dampen growth By Diana Oon THE life insurance industry is expected to thrive amidst uncertainties caused by the Gulf crisis, and remain one of the positive contributors to economic growth. The number of new life insurance policies grew
      500 words
    • Article
      Dialect roots may prove to be economically useful: BG Yeo
      328 2  -  By Shoeb Kagda CHINESE Singaporeans, in adjusting to changing social developments, must not suppress the past and must in fact retain their dialect connections, said Brigadier-Gen-eral George Yeo yesterday. Not only will maintaining these roots help to strengthen Singapore's social
      328 words
    • Article, Illustration
      CFC ban unlikely to hit business community badly
      304 2  -  By Anne Lee THE impending ban on nonpharmaceutical aerosol products, polystyrene sheets and products containing chorofluorocarbons (CFCs) will have little effect on the business community. A check by BT shows that major manufacturers and distributors have switched to importing and using alternative
      304 words
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      15 2 A > J X Rodensti?^^^^£ EJPJTION ROLF ROPENSIpCK /Tv~ A A •"''('■'•< S <~, h:..-111. I t.i foßf>oo2
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      Page 2 Advertisements Column 2
      124 2 I BRIAN'S I 1 INFORMATION TECHNOLOGY I I CATALOGUE SHOW I I VENUE BRITISH HIGH COMMISSION I TANGLIN ROAD SINGAPORE 1024 I I OPENING HOURS 14.30 16.30 PM I OPENING HOURS 10.00 12.30 PM 14.30-16.30 PM I OPENING HOURS 10.00-12.30 PM jj Catalogues from more than 100 British IT companies
      124 words
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Lock icon British giant BTR set to inject regional assets into Nylex (M)
      594 3 MBT NYLEX (Malaysia), which is said to have surpassed its forecast profit for this year just after the first 10 months, is believed to be in a position to become the regional representative of the London based conglomerate BTR
      MBT  -  594 words
    • Article
      Lock icon IGB Corp explains disposal of stake in Negara Properties
      272 3 Bernama IGB CORP Bhd's proposed disposal of its 49 per cent interest in Negara Properties Sdn Bhd to Kundong Tanjong Pau Co Bhd will effectively convert IGB's investment from a stake in a private company to an equity interest in a
      Bernama  -  272 words
    • Article
      Lock icon HL Credit holders urged to back sale
      220 3 MBT HONG LEONG Credit (HLC) minority shareholders have been advised to vote for the company's proposed sale of 16.56 million shares or 21.05 per cent in Malaysian Pacific Industries for M$ 107.61 million cash or at M 56.50 a share. Independent adviser Amanah
      MBT  -  220 words
    • Article, Illustration
      Malaysian tycoons square up for some shadow boxing
      650 3  -  MARKET TALK By William Chia THE nine-month-old feud between two of Malaysia's youngest and most aggressive business tycoons begins to look like a shadow play following news that they intend to carve up between themselves Sri Damansara Sdn Bhd, a massive property
      650 words
    • Article
      Lock icon CI Holdings hopes for better results despite Gulf crisis
      287 3 MBT CI HOLDINGS is expected to show further improvement this year despite the uncertainties engendered by the Gulf crisis, chairman Vincent Tang said in the company's annual report. "I am quietly hopeful that economic conditions will remain strong for the next
      MBT  -  287 words
    • Article
      Lock icon Paramount to buy Regency Tower
      199 3 Bernama PARAMOUNT Corp Bhd has entered into a conditional sale and purchase agreement with Global Force Sdn Bhd to acquire a piece of land, together with the Regency Tower in Kuala Lumpur for \1559.5 million. Paramount said in a statement over the weekend that the
      Bernama  -  199 words
    • Article
      Sim to be out of hospital soon
      176 3 MR SIM KEE BOON will be discharged from hospital shortly and will resume his duties as chairman of the Keppel group as soon as the doctors consider it advisable. Keppel Corporation, in a statement over the weekend, said that Mr Sim was admitted
      176 words
    • COMPANY BRIEFS
      • Article
        Poly Glass purchase not subject to FIC approval
        53 3 POLY GLASS Fibre (M) Bhd said in Kuala Lumpur on Saturday that its proposed acquisition of 1.1 million Msl shares in Clover Sdn Bhd, which it announced on Nov 6, is not subject to Foreign Investment Committee approval as the transaction is
        53 words
      • Article
        MISC's two new tankers
        86 3 MALAYSIAN International Shipping Corp will take delivery of two 16,500-deadweight tonne palm oil/chemical tankers from Malaysia's Sabah Shipyard Sdn Bhd by end 1990. MISC chairman Raja Muhammad Alias said at the tankers' naming ceremony this would bring its tanker fleet to eight, including another to be
        86 words
      • Article
        Khoo Kay Peng ups MUI stake
        33 3 TAN SRI Khoo Kay Peng has informed Malayan United Industries Bhd that he owns 73.28 million ordinary shares in the company following the purchase of more shares.
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      • Article
        Shareholdings in Renong
        65 3 DATUK Halim Saad and Anuar Othman have informed Renong Bhd that they are substantial shareholders of the company by virtue of their 50 per cent ownership in Pacific Fleet Sdn Bhd which beneficially owns 12 million shares in Renong following the completion of a sale and purchase
        65 words
      • Article
        Perak Dev Corp unit's payout
        125 3 SYARIKAT Maju Perak, a subsidiary of the Perak Development Corp, will pay out a 12 per cent dividend to shareholders this year. Company chairman Datuk Haji Mohamad Nazri Abdul Rahim said in a statement on Friday that this was an increase of 2 per cent
        125 words
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      Page 3 Advertisements Column 1
      49 3 The Richness Of Leather Handmade To Perfection c atf&VM ismMimmmmmmti&i > WWHMMHMMMPIV >iMI^^OMHSt^ M MORESCHI made in Italy Sole Agent Shriro (Singapore) Pte Ltd Authorised Dealers Americaya Branches Daimaru Singapore Euro Shoe shop and Branches Melwam Branches Nan Hen Leather Salamander Shoe Shop (Marina Square Isetan and Branches i r
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Indon firm starts to develop timber estate
        127 4 BARITO Pacific Timber, the largest group of wood companies in Indonesia, has begun development of a 300,000-hect-are timber estate to support its pulp and paper plant project in South Sumatra, a company official said on Saturday. The estate, located in Subanjeriji, 600 kilometers
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      • Article
        Elders gains A$21m from sale
        108 4 ELDERS IXL Ltd made a profit on the Asl6s million sale of its stake in SA Brewing Holdings Ltd, a company spokesman said. Elders earlier announced it had sold its remaining 60.9 million shares or 15 per cent stake in SA Brewing for A 52.20
        108 words
      • Article
        Tooth reduces borrowings
        94 4 TOOTH and Co Ltd, a member of the Adelaide Steamship Co Ltd group, said its borrowings have been cut to A 5552 million following the sale of wine company Penfolds Wines Pty Ltd. Of the remaining debt, about As3oo million relates to inter-company loans to Adsteam and
        94 words
      • Article
        Kia Motor's second plant ready
        101 4 KIA MOTOR Corp has completed a second factory in Asanman, south-west of Seoul, with a production capacity of 150,000 cars a year, a spokesman said. Kia has invested 460 billion won in the second plant and plans to spend another 1.34 trillion won to expand
        101 words
      • Article
        Ricoh expects reduced profits
        108 4 RICOH Co Ltd, a leading Japanese maker of facsimiles, copiers and other office automation equipment, expects parent net profit to decline in 1990/91 compared with the year before. Net profit for the year to March 31, 1991 was pegged at 16.2 billion yen compared with 17.56
        108 words
    • Article
      Japanese trading houses post higher profits
      565 4 JAPAN'S nine biggest trading houses have announced increased profits for the six months to September, citing strong domestic demand in addition to increased earnings from fuel trading activities. The results released last Friday showed most of them have increased sales, particularly for industrial equipment
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    • Article
      Lock icon Rough road for Japanese car makers
      493 4 AFP JAPAN'S major car makers, flush with record profits after three good years, face a tougher time ahead which will be all the more difficult as the domestic market shows signs of running out of steam. The 10 per cent annual growth in sales
      AFP  -  493 words
    • Article
      Lock icon Matsushita posts US$920m net profit
      332 4 AFP JAPAN'S Matsushita Electric Industrial Co Ltd said last week that its net consolidated profit grew by 16 per cent from a year earlier to 127 billion yen (US$92O million) in the six months to September. The company, the world's biggest manufacturer of consumer electronics
      AFP  -  332 words
    • Article
      Lock icon Esso (S) contract upsets other oil MNCs in Fiji
      164 4 AFP MULTINATIONAL oil companies operating in Fiji want to discuss their future with the government there after Esso Singapore won a contract apparently giving it exclusive rights to import crude. In a statement issued in Suva late on Thursday, Civil Aviation
      AFP  -  164 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      160 4 NO OTHER PRINTER IS CLEARER, QUIETER, QUICKER OR EVEN SMALLER THAN THE CANON BJ-lOe. r "''^lil^PjflPjl^^ If g Qt Mlr^" llr "'li^^^^^^^^BßSßßßjßßlll^ AND THAT'S ABOUT THE SIZE OF IT. For the users of PC's and laptops, The Canon resolution. And does it quickly and quietly; yet characters per second and
      160 words
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      News Corp buying time for asset sales: analysts
      426 5 .GLOBAL media group News Corp Ltd looks set to restructure maturing bank debt to allow time for disposals and a slim-down, equities analysts and bankers said. But it will cost him dearly in financing. News Corp has A 52.95 billion of debt
      426 words
    • Article
      Lock icon Trump and bondholders all end up winners
      188 5 Reuter EVERYONE was a winner in the friendly restructuring pact reached last Friday between Donald Trump and bondholders of the Trump Taj Mahal Funding Inc, but bondholders were the bigger winner, analysts said. Under the prepackaged bankruptcy agreement, Taj Mahal bondholders will receive
      Reuter  -  188 words
    • Article
      Lock icon UK corporate profits under severe strain
      311 5 Reuter THE ONSET of recession in Britain is hitting the profits of UK companies, and the pain could increase in 1991, equity analysts warned. "A lot more profit downgradings are in the pipeline, especially for 1991," said Richard Jeffrey, economist at Hoare Govett. The
      Reuter  -  311 words
    • Article
      Lock icon US profit outlook takes a turn for the worse
      312 5 Reuter AN ALREADY bleak outlook for fourth quarter US corporate profits may turn even gloomier after recent economic data that suggests manufacturers have not passed on higher energy costs, analysts said. On Friday, the US government reported that consumer prices for
      Reuter  -  312 words
    • Article
      Lock icon Continental's defence move suffers setback
      202 5 Reuter TYRE MAKER Continental AG has suffered an initial setback in its attempt to ward off hostile takeovers, legal sources said. The district court in Hanover last Thursday rejected a complaint by Continental, leaving intact the rule that a simple majority of shareholders can overturn
      Reuter  -  202 words
    • COMPANY BRIEFS
      • Article
        MCA-Matsushita merger talks on track
        98 5 MCA INC and Matsushita Electric Industrial Co Ltd appear to be on track with their acquisition talks, despite a Japanese press report indicating otherwise, analysts said. Earlier on Friday, traders said MCA's stock fell on a report from the Japanese news service Nikkei, which quoted
        98 words
      • Article
        VW approves corporate revamp
        89 5 VOLKSWAGEN AG's (VW) supervisory board has approved a new corporate structure that frees up the management board from daily operations and allows it to focus on strategic planning, the management board chairman said. Carl Hahn, who is staying on as chairman through 1993, said Daniel Goeudevert,
        89 words
      • Article
        Plans to buy into The Independent
        114 5 UK NEWSPAPER The Independent said it has reached an agreement under which Spanish newspaper El Pais and Italian daily La Repubblica will take 12.5 per cent each in its holding company Newspaper Publishing Ltd through an issue of new shares worth some £21.5 million
        114 words
      • Article
        Run-off bidding for Telmex
        96 5 THE MEXICAN government said three private sector groups will take part in run-off bidding for state telecommunications firm Telefonos de Mexico (Telmex). GTE Corp and Telefonica de Espana have linked up with the Mexican stock broking firm Accival in one bidding group, the finance ministry said.
        96 words
      • Article
        Asea to divide into two units
        92 5 SWEDISH engineering firm Asea AB said it aims to implement a planned division of the company into two separate concerns by the spring of 1991. It said that the Swedish government has indicated its intention to propose in the spring tax changes making possible
        92 words
  • Page 5 Advertisements
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      171 5 H Great literature recognises no boundaries. And neither does the sublime points from tungsten carbide, rather beauty of the Parker Duofold Fountain than using the more common and less Pen and Ball Point Pen pictured wear-resistant steel ball. below. Indeed no expense has been They are the finest writing spared
      171 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Canada's rate fall may be slow
        100 6 CANADA'S economic slump may ensure a continued fall in interest rates but the jump in October consumer prices highlights inflationary pressures that will limit monetary easing, economists said. "The economy is in such tough shape it will bring rates down, but cautiously," said WEFA
        100 words
      • Article
        Frankfurt bourse: higher capital
        107 6 PLANS to increase the share capital of the Frankfurt bourse to 21 million marks from 180,000 marks were approved at an extraordinary shareholders meeting on Friday, the bourse said in a statement. The capital increase was proposed in July as part of a plan to separate
        107 words
      • Article
        German banks still growing
        77 6 GERMAN COMMERCIAL BANKS will report continued growth in 1990, Wolfgang Roeller, president of the federation of German banks, told a news conference in Bonn last week. Mr Roeller, who is also management board chairman of Dresdner Bank AG, conceded that banks' earnings would be affected by
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    • Article
      Lock icon US banks not likely to cut prime rates quickly
      641 6 Reuter US BANKS are unlikely to move quickly to lower their prime rates following the easing of monetary policy by the Federal Reserve, economists and banking analysts said. And even when they do so, the impact on the stalled economy will
      Reuter  -  641 words
    • Article
      Lock icon Bush enacts securities reform measures
      208 6 Reuter US PRESIDENT George Bush has signed into law a package of securities reform measures designed to battle international securities fraud and clarify shareholder proxy laws. The package, signed on Thursday, marks a significant expansion of law enforcement and market regulation powers for the Securities
      Reuter  -  208 words
    • Article, Illustration
      Lock icon European Community bourses develop uneasy partnership
      487 6 Reuter THE European Community's stock exchanges are striving for a more unified marketplace, though rival financial centre interests continue to dog progress. EC stock exchange chiefs issued a joint statement in Dublin last Friday after their half yearly meeting reporting "unanimous support for coordinating
      Reuter  -  487 words
    • Article
      Chase expects higher losses on business, consumer loans
      388 6 THE Chase Manhattan Corpi expects increased losses on! consumer and business loansi in coming months, assuming that the economy continues to weaken, the banking company said in a document filed early last week with the US Securities and Exchange Commission (SEC). The
      388 words
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      132 6 Lufthansa's Asian Commitment: 1 We fly five times a week i to Europe's most convenient gateway. Z v \lf 1 f f V »V f Wr* I J HipßlHlllHvpi'v MH.uiimm two., i 1 f .>>- r vji Lufthansa flies Singapore to Frankfurt five times a week. With four 8747-400 flights
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      Page 6 Advertisements Column 2
      7 6 Time to ease monetary policy, Pg 10
      7 words
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      153 6 Keep yourself constantly informed of the latest developments in Japan's Steel industry by regularly subscribing to JAPAN STEEL JOURNAL, the one and only English daily journal in Japan, supplies quick, accurate and authentic news on principal events in Japan's iron and steel industry. It also closely follows daily price changes
      153 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Labuan needs 'critical mass' of offshore banks
      501 7 Bernama TO MAKE Labuan a successful tax haven, a critical mass of around 10 offshore banks is needed, said Bank Negara senior assistant manager Chin Sow Lin. Speaking at a forum on Labuan as a tax haven last week, Ms Chin said an
      Bernama  -  501 words
    • Article
      Lock icon Asean textile federation urges members to promote intra-regional trade
      351 7 AFP THE ASEAN Federation of Textile Industries (Aftex) on Saturday urged traders in member countries to promote intra-regional trade and help bolster local manufacturers. A directory of 218 textile and apparel producers in the region was launched at the end of
      AFP  -  351 words
    • Article, Illustration
      Lock icon Thailand, Vietnam to set up joint economic commission
      418 7 UPI VIETNAM and Thailand have agreed to start work on an agreement for joint development of potential petroleum deposits in disputed waters in the Gulf of Thailand, said Korn Dabbaransi, minister attached to the Thai Prime Minister's Office. Mr Korn, speaking on
      UPI  -  418 words
    • Article
      Lock icon Too many fiscal incentives for investors, says Bank Buruh
      429 7 Bernama MALAYSIA has been giving foreign investors more fiscal incentives than they need and should now aim to further rationalise these incentives to reduce tax revenue foregone, Bank Buruh Bhd's executive director, Tan Sri Ramon Navaratnam, said last week. "I believe
      Bernama  -  429 words
    • NOTE BOOK
      • Article
        Chatichai to reshuffle his Cabinet soon
        77 7 THAI Prime Minister Chatichai Choonhavan, just back from official visits to China and Japan, said on Saturday that he would reshuffle his Cabinet soon. Mr Chatichai said he would drop Minister Attached to the Prime Minister's Office Chalerm Yoobamrung in the upcoming Cabinet reshuffle.
        77 words
      • Article
        Bids for transit system invited
        69 7 THE BANGKOK city administration invited private bids to undertake its project to build the city's third planned mass transit rail system. Bangkok governor Chamlong Srimuang said that Thai and foreign firms are asked to submit proposals for a 30-year concession to construct and run a
        69 words
      • Article
        Tribe seeks logging moratorium
        54 7 A MALAYSIAN tribal delegation last Friday called for a moratorium on logging tropical timber in Sarawak as an International Tropical Timber Organisation conference opened in Japan. The 47-member organisation, which groups most tropical timber producers as well as its main consumers, is expected to discuss Sarawak
        54 words
      • Article
        M'sia, Mali sign trade deal
        45 7 MALAYSIA and Mali last Friday signed a trade agreement that would pave the way for greater cooperation between the two countries, Bernama news agency said. Malaysian Foreign Minister Abu Hassan Omar and his Mali counterpart N'golo Traore signed the agreement.
        45 words
      • Article
        Cooking gas for Mauritius
        59 7 MALAYSIA has agreed to supply 10,000 to 12,000 metric tons of cooking gas annually to Mauritius, Foreign Minister Abu Hassan Omar said. Speaking to reporters last Friday after meeting Murlidas Dalloo, Mauritian minister of Agriculture, Fisheries and Natural Resources, Mr Abu Hassan said Mauritius was also
        59 words
      • Article
        Vietnam increases coal output
        41 7 VIETNAM is expected to produce 800,000 tonnes of exportable coal this year, 30 per cent more than last year, the state-run Vietnam News Agency said. Output was 650,000 tonnes by mid-November, against 600,000 in all of 1989.
        41 words
      • Article
        NZ in wool deal with China
        49 7 THE NEW ZEALAND Wool Board said yesterday that it had signed a deal with the San Huan Corp, a leading Chinese textile group. Board chairman Pat Morrison said in a statement the agreement represented a significant opportunity to rekindle wool exports to China.
        49 words
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      370 7 It happens to all of us. We concisely, to speak clearly and ftndoursclves unable to speak AZTII I ifQ 1111 [vfwfl convincingly in crisp, natural up when we really need to. language. They learn how to stand We remain in the ranks of the up and speak up for their
      370 words
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      56 7 Maurice Lacroix has the knack ot making you leel dressed.with timepieces that break boredom. In pink and yellow gold bracelets. mourice Locroix N OF SWITZERLAND Sole Agent: Ot S( O S A Desto Singapore Pte Lid 10 Shenton Wav «17-01 02 MAS Building Singapore 020" Tel: 220 3022 Fax: 221
      56 words
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  • THE WORLD 1
    • Article
      Lock icon France seen as biggest US foe
      257 8 Reuter FRANCE has emerged as America's most tenacious adversary in a bitter battle over farm subsidies that threatens the outcome of world trade talks. By far the European Community's biggest agricultural producer, France has steadfastly resisted US efforts at Gatt trade negotiations to roll
      Reuter  -  257 words
    • Article, Illustration
      Lock icon Yeutter warns of tough fight by US
      289 8 Gatt farm trade dispute Reuter AMERICAN Agriculture Secretary Clayton Yeutter has warned that the US will fight back aggressively to secure markets for its farmers if there is no international deal on cutting agricultural subsidies. "We will sell aggressively in world markets and
      Reuter  -  289 words
    • Article
      Lock icon Big price to pay for failure
      588 8 Washington has much to lose if talks break down NYT SHOULD the 105-nation talks about liberalising trade break down because of the impasse on farm subsidies, trade wars are likely to break out and put recessionary pressure on the US, many government and private
      NYT  -  588 words
    • Article, Illustration
      Lock icon Nuclear threat from Iraq growing, say experts
      532 8 The Gulf Crisis NYT IRAQ has acquired a nuclear weapons capacity that could enable it to begin manufacturing and using a small but devastating stock of nuclear missiles, shells and bombs within 10 years, say US, British and Israeli intelligence experts. They say
      NYT  -  532 words
    • WORLD WATCH
      • Article
        S Korea and Hungary sign economic accords
        107 10 SOUTH KOREA and Hungary have signed two agreements as part of efforts to boost mutual economic cooperation. A Finance Ministry spokesman in Seoul said last Saturday that Paik Won-ku, the South Korean Assistant Finance Minister, and Zoltan Gombocz, Under Secretary at the Hungarian
        107 words
      • Article
        World Bank boost for Moscow
        72 10 THE HEAD of the World Bank has said that the time is ripe to consider Moscow's membership. Tass news agency reported last Saturday that World Bank president Barber Conable and Soviet Foreign Minister Eduard Shevardnadze had agreed on this during talks in Moscow. It said
        72 words
      • Article
        Beijing raises steel output
        59 10 CHINA increased steel production by 8.6 per cent to 54.67 million tonnes during the first 10 months of the year compared with the same period a year ago. The New China News Agency reported that this year, China planned to produce 65 million tonnes, according to
        59 words
      • Article
        China-Marshall Islands ties
        52 10 CHINA has established diplomatic relations with the Marshall Islands, a tiny South Pacific republic closely associated with the US. A joint communique establishing relations was signed in Beijing last Friday by Chinese Foreign Minister Qian Qichen and his Marshall Islands counterpart, Tom Kijiner, the official Xinhua News
        52 words
      • Article
        UK inflation rate holds steady
        54 10 BRITAIN'S annual inflation rate held steady at 10.9 per cent last month, and may have reached its peak after climbing for nearly two years, the British Central Statistical Office said last Friday. The annual inflation rate is expected to fall in November because of a
        54 words
      • Article
        Bright outlook for harvest
        71 10 THE 1990-91 global cereal harvest will be sufficient to meet world consumption needs for the first time in years. The Rome-based UN Food and Agriculture Organisation said last Saturday that food shortages, however, were worsening in Ethiopia, Sudan, and Angola because of drought and in Mozambique
        71 words
      • Article
        Approval to seize Red assets
        62 10 THE CZECHOSLOVAK PARLIAMENT has adopted by an overwhelming majority legislation authorising the seizure of multi-million-dollar assets held by the communist party and communist youth groups without compensation. Communist lawmakers did not take part in the vote overnight in Prague last Friday, on the eve of
        62 words
    • Article
      Lock icon Time to ease monetary policy: US economists
      484 10 Poor trade figures in September spark fears Reuter A TROUBLING fall in exports in America's September trade deficit report and a decline in imports paint a weak US economic picture which confirms the belief easier monetary policy is warranted, say economists. "Exports, our
      Reuter  -  484 words
    • Article
      Lock icon US deficit to hit highs before falling: Darman
      179 10 Reuter US PRESIDENT George Bush's budget director, Richard Darman, has predicted that the US budget deficit will rise to record levels before declining. In a speech for delivery before a group of former government officials in Washington last Friday, he praised the
      Reuter  -  179 words
    • Article
      Lock icon Yuan devaluation set to hurt foreign firms
      298 10 Reuter CHINA'S devaluation of its currency by 9.57 per cent against the US dollar will hurt profits of foreign investors and is unlikely to boost significantly its small trade surplus, say bankers and diplomats in Beijing. The official buying rate for the renminbi
      Reuter  -  298 words
    • Article, Illustration
      Lock icon Heseltine gets boost from polls and paper
      464 10 Reuter MICHAEL HESELTINE's campaign to unseat British Prime Minister Margaret Thatcher has received a double boost with opinion polls over the weekend showing him more likely to win a general election and with a leading right-wing newspaper backing him. The Sunday Times, a
      Reuter  -  464 words
  • Page 8 Advertisements
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      99 8 r ft 1 fHp jtfW'' i; f' If you're in the market proven reliability and back- After all, why put up with for aPC you may have thought up of Hewlett-Packard for second best. an HP Vectra PC was out of around the same price as the your league. "metoos".
      99 words
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      84 8 Build up your regional maiket share at... 1 < I m yj O < < h£ .i II Mkh **p-' BUSINESS REPLY COUPON N\ pnxtuct '»i>9» It: I »ouk) I 'o oNbii bu- *w but d«iw i«t «wi»- agem PW«« con'»C Yes! I am keen to find out more about
      84 words
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  • Page 9 Advertisements
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      333 9 fc m 1 _J f. I Introducing The Most Cost-Eflective VC&y To Reach New Levels Of Fbwer. The New NCR System 3000 Family Of Scalable Processors. —to provide you flexibility in design and integration, and an Microprocessor technology has reduced the cost of pro- extensive set of existing applications, tools
      333 words
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      406 10 J I i GOOD IDEAS KEEP (jOMING UP MA W r PW llmM'ecedeiited daily. Ahhzbb iHlaniaice. The lightest, smaUest, full featured The new choice in portables, notebook computer. fIT"" B,>B 1 181 Only 2kg in weight, and 34 mm thin. But it packs all the performance k of a 286
      406 words
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      285 11 Yes. system, fitted with a state-of-the-art fitted with pre-tensioners that retract The new Volvo 940 looks CD player and CD exchanger for those extra few centimetres when quite unlike any other Volvo you've six discs, make you experience new required. A function that could prove ever seen. dimensions in sophistication.
      285 words
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  • ANALYSIS
    • Article, Illustration
      Lock icon Property bust is socking it to US banks
      2329 12 But hopes rise of reforms in the financial services when the bad times are over US News World Report REAL estate, argued Theodore Roosevelt, is the surest route to wealth and for decades, many investors and homeowners in the US would have
      US News & World Report; Source: U.S. News & World Report, Nov 12, 1990.  -  2,329 words
  • Page 12 Advertisements
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      201 12 I 1 I I !HOWTOSWE| YOURSELF PRIME i OFFICE SPACE I i W&T RECORDS STORAGE AND MANAGEMENT SERVICES CAN FREE YOUR PRESENT STORAGE AREAS The most expensive place These will be locked and stored under 24 to store old off ice records ]Tl iTf CD 11 1 f hours security.
      201 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      103 12 DOONESBURY by garry trupeau cfthrMii'RF- OKAY I ANYONE JUST Thiß illJ ACTUALLY, I DIP GET A MESGAGE i 111. YEAH, IT 1.l YOU MAKING GUK6. I BEEN H(T- USUAL BEAFVS JII />nr Ac* A mnAtcjz TihJfj ON fiVER AT THE &&A1 JYIUWQY. rip fritz CM DiffTß? HuS UJ&RP. SSumm »em-
      103 words
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  • ENTERPRISE & MANAGEMENT 1
    • Article, Illustration
      Strictly a business for professionals
      978 13  -  Success is what people dream of when they think of venture capital and the industry continues to be a big draw for those with visions of making a quick buck. Chuang Peck Ming talks to a seasoned professional in the business and finds out the
      978 words
    • Article
      MEMOPAD
      185 13 Seminars and courses Duration Title Venue Organiser Tel Nov 19 Customer Cairnhill Dynamic Life *****22 26 Relations Hotel Nov 26-28 Organisational Harbour View Training Team *****36 Career Planning Dai-Ichi Hotel Development Nov 23 Motivation Cairnhill Dynamic Life *****22 27 Work Enhancement Hotel Nov 26-27 Working Relationships Management Hse Singapore
      185 words
    • Article
      There's always a better way to do things
      522 13  -  Said Abdullah reviews 'The Great Marketing Turnaround' Said Abdullah Marketing is about getting an edge on your competitors or carving a niche for your products in the ruthless market place. Stan Rapp and Tom Collins, authors of the best-selling Maximarketing, have come
      522 words
    • Article, Illustration
      Go out and have a magnificent failure
      1525 14  -  This is the age of entrepreneurship. The world is figuring out that it can no longer depend on multinationals to provide growth. So say two professors helping tne NTI carry out research on entrepreneurial behaviour. Genevieve Cua reports Genevieve Cua Fred kiesner says
      1,525 words
  • Page 13 Advertisements
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      83 13 H HEff Management Consultancy Sl# I I I T r 1/ Seminars And Training Kill I Business Assistance It I L L I J- l\ Manpower Recruitment CONSULT ANTS Business Centre Direct Mailing 1 HOUR LUGGAGE REPAIR mmmmmaammm TEL: 733-0037 Most Repairs Take One Hour. Some Only 10 Minutes. See
      83 words
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      Page 13 Advertisements Column 2
      92 13 is now being served. V To satisfy today's fast paced 3* executive, the Compass Rose introduces the fastest fine lunch in Imaginative daily set menus created with care and flair, taking only minutes to serve so that you can get back to business with time to spare. 1 ncst cu
      92 words
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  • Page 14 Advertisements
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      195 14 c Mm i I U VI I jy ,v 11 v pppir^' f itNfftRfMPMMMSIMSI a t'"? life I m Jftl Ifl r vm W I Jfl ftl y v l^a ■k| g^^rn 1 I iWk jL|V iijjjM^^^^M f fl i—3 "^1 J9 j^l K I l| H ifl i J
      195 words
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  • SPORTS
    • Article, Illustration
      Lock icon Becker, Graf go down fighting
      1075 15 Agencies ANDRE AGASSI upset Boris Becker on Saturday and set up a clash against topranked Stefan Edberg for the title at the ATP Tour World Championships in Frankfurt. Agassi served and returned with deadly accuracy' to beat Becker 6-2, 6-4 and record his third victory
      Agencies  -  1,075 words
    • SIDE LINES
      • Article
        US team takes lead in Solheim Cup
        149 15 THE United States won all but one fourball matches on Saturday to take a 6-2 lead over Europe going into the final day of the inaugural Solheim Cup in Florida. Liselotte Neumann of Sweden and Scotland's Pam Wright saved the Europeans from being
        149 words
      • Article
        Aussie triumph
        58 15 AUSTRALIA'S Under-21 rugby team slammed down five tries as it crushed the Dutch national side 32-12 in the Netherlands on Saturday night. Tries from Mark Anderson, Jason Little and Rob McCartney set the tourists up for a well-deserved 19-9 lead at half time, with only Mark Michelsen, the
        58 words
      • Article
        Alcala's almost there
        58 15 MEXICAN Raul Alcala took the lead with 50 metres remaining and won the 14th leg of the Tour of Mexico bicycle race on Saturday by two bike lengths, virtually assuring himself of the overall victory with only one stage left. Alcala holds a two-second lead over countryman
        58 words
      • Article
        Wiesner wins award
        55 15 JUDITH WIESNER of Austria is the recipient of the 1990 Virginia Slims Rising Star Award, given annually to the player who has advanced the farthest in the Virginia Slims rankings over a 12-month period. Wiesner, 26, rose from No 35 a year ago to 17th in the
        55 words
      • Article
        Foreman's fighting fit
        66 15 FORMER heavyweight champion George Foreman "workd® out" with opponent Bernardo Mercado of Los Angeles in at-four-round exhibition bout in Washington on Friday night,; The fight ended a bit early after the 128.6-kg Foreman hit thej 119-kg Mercado with what he called his "syrup sandwichi punch" to the
        66 words
      • Article
        United German committee
        50 15 THE National Olympic Committees of former East and WestGermany formally united on Saturday, creating a new athletic, giant out of the two once opposing teams. "This is a special} day that will become a historic date for German sports," said. Walter Momper, mayor of former West Berlin.
        50 words
      • Article
        Wu upsets Yang
        93 15 WU WENKAI of China, playing in the World Cup badminton championships for the first time, upset his world champion compatriot Yang Yang 15-12 15-9 to reach the men's' singles final in Jakarta on Saturday. Yang, the world number one who said earlier in the tournament that he
        93 words
    • Article, Illustration
      Ad-venturous Saturday on the court
      520 15  -  Cassandra How finds out at the BT/The New Paper Tennis Friendly 1990 that a friendly game can also be fiercely competitive. Cassandra How IN SPITE OF the scorching morning sun, participants at the Business Times/The New Paper Tennis Friendly 1990 shared a day of fun
      520 words
    • Article
      Lock icon Floyd and Couples set blistering pace at charity tournament
      442 15 AP RAY FLOYD and Fred Couples combined for alternateshot score of 15-under-par 57 last Saturday and a six-shot lead after two rounds of the Ronald McDonald Children's Charities tournament in Thousand Oaks, California. "Phenomenal," said Arnold Palmer. "That's a lot of
      AP  -  442 words
  • Page 15 Advertisements
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      38 15 T'iߣ:r> r For Your Comfort relaxation! Relieves your tiredness, relaxes the mind and improves blood circulation for a better functioning body with our attentive masseuses Health Centre B1 Boulevard Hotel, Orchard Boulevard, Siagapore 0923. Tel: *****63,*****56 (outside CBD)
      38 words
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      Page 15 Advertisements Column 2
      47 15 4* CHANRAI's tradition in > i i High Street is Lhanrai now,urther enhanced with 0 Hm £> a distinctive iqk Mreel T" 1 Wider range (I* i* o,quaNty Imtinctive fabrics More <1 N| I designer ew Look i Mam Store: Chanrai High Street Centre '01-36 Branch: Chanrai Centrepomt *02-05
      47 words
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  • THE ARTS 1
    • Article, Illustration
      Young virtuosos, old masters
      932 16  -  J Gordon listens to this year's young winners of the International Tchaikovsky Competition on the Teldec label and two musical legends on RCA J Gordon THERE are those who believe that with the advancement in science, musicians today should be, like sportsmen, more versatile than their
      932 words
    • Article, Illustration
      Lock icon A musical tug-of-war
      655 16  -  Composers naturally seek control over their works. But performers, just as naturally, want to assert their rights as interpreters. Donal Henahan reports on a never-ending musical battle. Donal Henahan NYT IN 1809, Beethoven, apparently irritated beyond tolerance by the liberties performers were taking with his music, wrote
      NYT  -  655 words
    • Article, Illustration
      Lock icon Portraiture of the highest order
      801 21  -  Anthony Van Dyck was reputed to be a most unpleasant character. Yet it is impossible to come away from his works without a sense of respect and awe, writes Michael Kimmelman Michael Kimmelman NYT IT IS HARD to feel pity for Anthony Van Dyck, an
      NYT  -  801 words
    • Article, Illustration
      Lock icon The Morris mystique
      848 21  -  Choreographer Mark Morris is already enjoying immense popularity at the age of 34. Anna Kisselgoff lists the factors behind his success Anna Kisselgoff NYT NO OTHER choreographer in the 1980s has acquired a large following as swiftly as Mark Morris or had so many extravagant claims attached
      NYT  -  848 words
  • Page 16 Advertisements
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      511 16 NOTICES REUNITED HARDWARE MACHINERY PTE LTD (In Members' Voluntary Winding-up) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the Company convened and held at Blk 1002 Toa Payoh Industrial Park #01-1453 Singapore 1231 on Tuesday 13 November 1990, the following Special Resolutions were duly passed:1. That the Company be
      511 words
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      Page 16 Advertisements Column 2
      506 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 KIANHIN HANG (PRIVATE) LIMITED STATUTORY DECLARATION OF INSOLVENCY I, SEE LENG PIN, NRIC No. *****14/H of 55 Lorong 34 Geylang, Singapore 1439 make oath and say as follows: (a) I am a Director of the abovenamed company. (b) The abovenamed company
      506 words
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      Page 16 Advertisements Column 3
      580 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF CHATS TRADING PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of the members of CHATS TRADING PTE LTD duly convened and held at 2 Finlayson Green #07-02, Asia Insurance Building Singapore 0104 on
      580 words
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      Page 16 Advertisements Column 4
      511 16 IN THK MATTER OF THE COMPANIES ACT, CAP. 5$ AND IN THE MATTER OF PYRAMID DEVELOPMENT PRIVATE LIMITED (In Members' Voluntary liquidation) Special Resolution* At an Extraordinary General Meeting of the members Of PYRAMID DEVELOPMENT PRIVATE LIMITED duly convened and held at ill North Bridge Road #12-01 Peninsula Plaza, Singapore
      511 words
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      454 17 EXPERTISE ACHIEVED THROUGH A CENIURY Of EXPERIENCE THE LAUNCH OF SEAROAD MERSEY f T I -9f4® pi T Artist Impression of the 120 TEU ro/ro container vessel, Searoad Mersey Singmarine Industries Limited, through its sub- Searoad Mersey under construction at Singmarine Dockyard e sophisticated 91.5 metres long and 18.5 L
      454 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      215 18 CONGRATULATIONS to Singmarine Industries Limited on the launch of Searoad Mersey for ANL Ltd wArtsilA ©OUgtlL GROUP I f RELIABILITY AND ECONOMY Diesel engine outputs up to 22,000 bhp Dependable main propulsion systems Customer-focused project handling, from initial studies to completion Tailor-made installations from engine and propulsion deliveries to entire
      215 words
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      441 19 CONGRATULATIONS to Singmarine Industries Limited on the launch of Searoad Mersey for ANL Ltd f: i j.;- XfLo™ EBB> RANK O'CONNOR'S SINGAPORE PTE LTD CMR (FAR EAST) PTE LTD (A member of the Wearne Brothers Group) CONTROLE MESURE-REGULATION Supplier and stockist specialising in the integration and service of (A CORECI
      441 words
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      286 20 WHERE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? Kvcry Thursday: Indies Night. Every Night: The plate to sec ami be seen. I Scandals, Singapore's most sophisticated club and meeting place. Kor details on membership, call 330
      286 words
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      Page 20 Advertisements Column 2
      340 20 Wff DIAN XIN TEMPTATION! Treat yourself to a [Electable Dian Xin lunch. All-you-can-eat for only f 16.80* per person. Lunch Hours: 11.30 am 2.30pm *rtu> 10% xtvKr duqte 4 4% fmrmmcni tax Hyatt regcncy©Sngapore I't 12 Scotb fcvid Smgjpufe 09 Id *****KH Bul: et Dian Xin Daily for lunch 11.30
      340 words
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      Page 20 Advertisements Column 3
      276 20 k(Mfcerf text/ Cafe Plaza f Mwewber Nasi Radang. Bah Kut Teh. Itek Sio. Rojak. l Ayam Buah Keluak T Si and an endless list of riTO other mouthwatering J -k. fare that changes regularly plus an array All these and more At only $l6++(Adult) SICH-+ (Child) M I Plaza Hotel
      276 words
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      Page 20 Advertisements Column 4
      341 20 V Oui! The best of French cuisine in one sitting. Fates, 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:
      341 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      884 20 TELEVISION AND RADIO f....- volved with a notorious un- well versed in Chinese tradi- SBCI2 derworid figure. tional medicine. This pro- BUSINESS ON RADIO XAIYID tnom AnAC 1035 19*>. gramme looks at the 1 UUlllv UlClllWl ICIJ 7.30 P** SpertseaM The 1990 aJSLfcSLte M y developments made in .his BBC,
      884 words
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      257 21 AND ENTERTAIN FROM 5 23 NOVEMBER 1990 &oodSPe&tuxil dtall In the candlelit ambience of a hunter's lodge, enjoy goose, veal, venison, trout and more. Delicately flavoured, deliciously prepared Viennese style. 16 Nassim Hill. Reservations: 732 1222 Ext 1582/1597. Businessman's LuncHeon: 12 noon to 2.30 pm (Mon l*ri). Dinner: 00 pm
      257 words
    • Advertisement
      Page 21 Advertisements Column 2
      211 21 V' The Chubs j gjl b Restaurant and 1 KvIIVA Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE NEW DELUXE CONTINENTAL 5-COURSE LUNCH SERVED DAILY. MONDAYS SATURDAYS. Russian specialities as usual. Restaurant Hours w j c Karaoke Hours Monday* to Saturdays Daily 1130 am to 230pm 630vm to 2.00 am Dinner:
      211 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Cheaper oil, overseas gains shore up stocks
      5011 22  -  By Quak Hiang Whai SHARE PRICES on the Singapore stock market closed higher last week mainly on easier oil prices and gains made in the New York and Tokyo bourses during the first two days of the week. Dealers said news of possible
      5,011 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4111 23 Main Board Robinson 293 77 35.6% DBS Foreign 965 +70 7.8% OCBC Foreign 750 +50 +7.1% NatSteel 670 +35 +5 5% UOB Foreign 555 +35 +6.7% SPH Foreign 970 +30 +3.2% OUE 535 +25 M.9% FELS50* 490 24 5.2% OUB 432 +24 +5 9% DBS
    4,111 words
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  • MARKET REVIEWS
    • Article
      Lock icon Stocks rise but jitters remain
      456 24 NEW YORK AFP tOWER oil prices and a decline in long-term US interest rates pushed stock prices up last week, but persistent investor jitters showed up along the way. The Dow Jones index of .*0 leading industrials closed on Friday at 2,550.25 points, up 61.64
      AFP  -  456 words
    • Article
      Trading is hard when good is also bad
      953 24  -  ftOTOON By Ray Heath THE WORLD of equities can sometimes seem a complicated place. All those yields, ratios, earnings, options, warrants, alphas and ;betas can give a simple analyst with an honours degree in mathematics a headache. Yet, compared to the •machinations
      953 words
    • ASIAN MARKETS ROUNDUP
      • Article
        SYDNEY
        174 24 A COMBINATION of negative factors overhanging the Australian share market dragged prices lower at the end of last week after a strong beginning. The main market indicator, the All Ordinaries Index, ended 11.2 points up for the week at 1,340.0, but 5.2 points lower from Thursday's close. However, the
        174 words
      • Article
        JAKARTA
        103 24 PRICES dropped further on the Jakarta Stock Exchange (JSE) in thin trading last week as investors continued to stay away from the market in preference to high-yielding bank deposits. The JSE Composite Index plunged below the psychological barrier of 400 to 398.521 on Friday, down by 3.33 per cent
        103 words
      • Article
        BANGKOK
        63 24 THE Securities Exchange of Thailand (SET) index closed at 656.91 points on Friday, down 0.85 per cent, or 5.64 points, from the previous week's closing. The average number of shares changing hands during the week was 26,313,400 per day, down sharply from 39,647,528 shares one week earlier. The average
        63 words
      • Article
        TAIPEI
        119 24 SHARE PRICES on the Taiwan Stock Exchange continued to spiral upwards during the past week as more investors were returning to the bourse. Extending the previous week's 11.9 per cent surge, the 216-issuc weighted price index gained a whopping 373.29 points, or 10.7 per cent, to close the week
        119 words
      • Article
        BOMBAY
        142 24 INDIAN stock markets slumped last week as nervous investors waited for new Prime Minister Chandra Shekhar to settle down in his job and make clear what his economic policy goals will be. Investor apathy kept trading sluggish on the Bombay Stock Exchange (BSE), whose sensitivity index lost 71 points
        142 words
      • Article
        Lock icon SEOUL
        71 24 AFP SOUTH KOREA'S stock market ended the week lower amid moderate turnover, extending the recent downturn for three weeks running. The Composite Price Index closed on Saturday's half-day session at 691.69, a fall of 5.89 points, on the week. "The prices continued consolidating during the week after rapid surges
        AFP  -  71 words
    • Article
      Lock icon Shares lose steam after a strong start for the week
      546 24 TOKYO AFP SHARE PRICES opened last week sharply higher on Tuesday on the Tokyo Stock Exchange (TSE) as prospects of imminent lowering of US interest rates brought about higher bond prices and yen against the dollar. The key market barometer,
      AFP  -  546 words
    • Article, Illustration
      Index clears 3,000 level in active trading
      930 24 SHARE PRICES rose in active trading last week, with the Hang Seng Index gaining 75.74 points, or 2.6 per cent, at 3,008.66. Average daily turnover also expanded to HK$954 million (US$l22 million) against the previous week's HK$75O million (US$96 million). The key barometer
      930 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      340 24 SEMINAR ON FIRE ENGINEERING, INSURANCE THE LAW 30 November -1 December 1990 Goodwood Park Hotel Organised by the Institution of Fire Engineers, Singapore, the Seminar provides a forum for the exchange of working knowledge and expertise of all professionals who are concerned with the after-effects of fire in one way
      340 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Strong gains abroad bolster confidence
      4092 25 MBT SENTIMENT improved on the Kuala Lumpur stock market last week to reverse the previous downtrend as investors took their cue from strong overseas bourses. However, institutional investors remained hesitant to trade because of the continuing Gulf crisis, and this largely accounted for the thin
      MBT  -  4,092 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      246 25 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Cecile Wu of No. 253 Arcadia Road #02-18 Singapore 1128, have applied for a First Class Public House Licence in respect of premises at M/S Memory Lounge at 400 Orchard Road #03-08 Orchard Towers, S'pore 1025 and that this application will be
      246 words
    • Advertisement
      Page 25 Advertisements Column 2
      153 25 TELEPHONE: 71Q.5937/5902/5942 > F*»: l)4-<9li 1 II PRIVATE BANKING I The Singapore Branch of a well established Japanese Bank seeks an experienced sales-oriented individual to develop relationships with high net-worth individual in the Asia and Pacific region. Reporting to the Senior Manager, the successful candidate must be a self-starter and
      153 words
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  • WORLD STOCK MARKETS
    • Lower rates fail to spark strong US rally
      • Article, Illustration
        NEW YORK
        1099 26 WALL STREET stocks inched higher on Friday, unable to mount a convincing rally despite a sharp rise in bond prices after the Federal Reserve moved to lower interest rates. The Dow Jones Industrial Average closed 5.20 points higher at 2,550.25. The 30-share index was up 61.64 points for
        1,099 words
      • Article, Illustration
        LONDON
        709 26 THE LONDON Stock Exchange made a modest gain on Friday, encouraged late in the session by a firm opening on Wall Street. The Footsie 100-Share Index rose by 8.0 points on the clay to 2,068.0, up 0.38 per cent from the Thursday closing level. The Financial Times 30-Share Index
        709 words
      • Article
        INDICES & TURNOVER
        84 26 INDICES TURNOVER Nov 16 Close Previous NEW YORK Dow Jones 2,550.25 2.545.05 5.20 NYSE Financial 116.54 116.41 +0.13 SAP 500 317.12 317.02 +0.10 Turnover (million) 165.4 151.4 +14.0 LONDON Financial Times 30 1,614.8 1.599 61 15.2 FTSE 100 2.068.0 2.060 02 8.0 Turnover (million) 426.9 434.5 -7.6 AMSTERDAM CBS Tendency
        84 words
      • Article
        FRANKFURT
        322 26 GERMAN shares ended just above an important level on the 30-share DAX Index, with weekend news developments seen holding the key for a continuation of this week's rally or a retreat to last week's lows. Dealers said the DAX was poised to move quickly in either direction in today's
        322 words
      • Article
        AMSTERDAM
        270 26 DUTCH shares closed mixed on Friday after a firmer early start, with a flurry of professional trading, settled down into slack business after the November index futures expired. The CBS General Tendency Index closed unchanged at 95.5, and dealers said the day showed the usual pre-week-end Gulf crisis nerves
        270 words
      • Article
        PARIS
        259 26 FRENCH share prices changed direction abruptly to close higher on Friday, responding to the US September trade figures which caused many investors to bet that the US may soon ease interest rates, traders said. The Bourse, which opened weaker on worries about a possible no confidence vote against French
        259 words
      • Article
        TORONTO
        220 26 TORONTO stocks closed near the session's high on Friday, jumping after the US Federal Reserve left little doubt interest rates are easing, dealers said. "It ended up on a better tone than it did at midday," one trader said. The Composite Index gained 14.0 to 3,128.51 on volume of
        220 words
      • Article
        STOCKHOLM
        97 26 THE STOCKHOLM bourse General Index closed 0.19 per cent lower at 857.18 in thin trade on Friday, reflecting market disappointment over a string of weak nine-month results from Swedish companies, dealers said. The blue chip index picked up from morning losses and closed 0.05 per cent higher. Total turnover
        97 words
      • Article
        JOHANNESBURG
        460 26 JOHANNESBURG gold shares staged a mild rally in a quiet and cautious pre-weekend market on Friday, recovering a small part of the sharp losses sustain earlier in the week as the recent surge in the volatile financial rand rand out of steam, dealers said. The restricted investment currency fell
        460 words
      • Article
        Untitled
        383 26 Brussels No* 16 Francs FORWARD MARKET Acec 2330 -25 Arbcd 2990 -25 Astur 1070 unch Brascan 392 anpac 495 4 Cock 142 +2 [)c Beers 542 20 Fbes 4320 5 Gb-lnno-Bm I NO unch Gcvacrt .6500 -100 CirBrulamb 3290 unch Hobok Petro ***** -50 Ryl Dutch 2315 -60 Sidro 1650
        383 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Negative trade data weaken US dollar
      531 27 FOREX MARKET REPORTS THE DOLLAR closed lower in moderate trading in New York last Friday, pressured by negative US economic data and an apparent easing of credit policy by the Federal Reserve. The market got the confirmation that it needed to sell dollars, and
      531 words
    • Article
      Greenback weakens marginally against yen, ringgit and baht
      615 27 ASIAN CURRENCIES THE US DOLLAR fell marginally against major Asian currencies in Hongkong after a sharp rise last week on mounting fears of a military confrontation in the Gulf. The Japanese, Thai, Malaysian, Taiwan, Hongkong, South Korean and New Zealand currencies edged
      615 words
    • Article
      INTERBANK FOREX RATES
      397 27 Cross rates Nov n USS S$ MS Dm Yen SFr AS NZS USS 1.7085 2.6960 1.4685 129.40 0.5080 1.2450 1.3115 1.6420 SS 0.5853 1.5780 0.8595 0.7574 0.2973 0.7287 0.7676 0.9611 MS 0.3709 63.37 0.5447 0.4800 0.1884 0.4618 0.4865 0.6091 Dm 0.6810 1.1634 1.8359 88.12 0.3459 0.8478 0.8931
      397 words
    • Article
      MONEY MARKET
      553 27 Interbank rates s$ Bid OfTer Overnight 5 1/4 5 1/2 1-month 6 1/4 6 3/8 2-month 6 7/16 6 9/16 3-month 6 1/2 6 5/8 Overnight mode: 5-1/4 LS$ High 7 days 7 7/8 7 15/16 1 month 7 13/16 7 15/16 2 months 8 1/16 8 1/16
      553 words
    • Article, Illustration
      Lock icon Single EC currency not a must: Belgian banker
      669 27 Reuter A SINGLE CURRENCY for the European Community is a laudable political goal but not strictly necessary to achieve a monetary union, Belgian Central Bank governor Alfons Verplaetse said. "I think that a single currency is a nice symbol but not strictly
      Reuter  -  669 words
    • Article
      Gold hit by profit-taking
      522 27  -  GOLD FINANCIAL FUTURES REPORT Sin Huat Bullion BRITAIN'S war rhetoric boosted spot gold to the week's high of U*****.90/386.40 last Tuesday but this was well short of the previous week's peak of U*****.30/389.80. Traders deduced that bullish enthusiasm in the metal may have waned for the
      522 words
    • Article
      FINANCIAL FUTURES
      296 27 jjjjj Nov IS DEUTSCHEMARK Open High Low Sett Vol Op/lnt UtoT*) ***** 0.6782 0.6762 0.6776 ***** ***** Mar 91 0.6753 0.6760 0.6740 0.6753 EUROOOUAR Open High Low Sett Vol Op/lnt Dec 90 92l0 92.10 9108 92J0 ***** ***** Mar 91 92.46 92.45 92.42 92.44 JAPANESE YEN Open High
      296 words
    • Article
      PRIME LENDING RATES
      511 27 BANNS ABN Bank 8Vj Allied Irish Bank PLC 8V« American Express Bank 8'/i Am'Dam R'terdam Bank 8Vj Arab Banking Corp 8Vi Arab Bank PLC 7 l Asia Commercial Bank 7Vi ANZ Banking Group 8V« Ban Hin Lee Bank 8'/« Banca Commerciale 8% Banco do Brasil 8'/« Bangkok
      511 words
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  • COMMODITIES
    • Article
      Lock icon Expert sees lower base metal prices
      351 28 Reuter BASE METAL PRICES are likely to weaken over the next year, but volatility will persist, said Phillip Crowson, economic adviser to the world's biggest mining group, RTZ Corp pic. "Looking ahead over the next 12 months, one would expect prices to ease back
      Reuter  -  351 words
    • Article
      Lock icon Soviets plan near-doubling of oilseeds output
      403 28 Reuter THE SOVIET UNION plans to nearly double oilseeds output over the next few years to meet growing demand for vegetable oils, a Soviet official said. The aim is to match European consumption rates, said Elena Gounar, scientific secretary of the food industry at
      Reuter  -  403 words
    • Article
      Easing fears of Gulf war send oil prices lower
      892 28 REPORTS RECEDING FEARS of an imminent military conflict in the Gulf weakened oil prices and, to a lesser extent, those of gold over the past week. A feeling that the reinforcement of the US troops is going to take time and
      892 words
  • Article
    PRICES
    1156 28 Rubber RAS (fob in bales) S cents/kg Int I RSS Hose Nov 12 155.00 Nov 13 155.25 Nov 14 155.75 Nov 15 155.50 Nov 16 156.75 MRCLB (fob in bales) M cents/kg Int 1 RSS Close Nov 12 240.50 Nov 13 241.00 Nov 14 242.00 Nov 15 242.00 Nov
    1,156 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      841 28 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50, AND IN THE MATTER OF OYSTER BAY SHIPPING CO PTE LTD (In Creditors' Voluntary Liquidation) NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Cap 50, that the Final Meeting of the members and creditors of the
      841 words
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      Page 28 Advertisements Column 2
      179 28 EVERDEAL (SINGAPORE) PRIVATE LIMITED (Members' Voluntary Winding-Up) NOTICE OF FINAL GENERAL MEETING No tic* is hereby given pursuant to Section 306(1)4 (2) ol the Companies Act, Cap.SO. that a Final Meeting of the Company wil be held at 101 Upper Cross Street #04-43 People's Park Centre, Singapore 0105 on 20th
      179 words
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      Page 28 Advertisements Column 3
      10 28 WHAT, WHERE AND IN THE MARKET Every Thursday ADVERTISING MARKETING
      10 words
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      Page 28 Advertisements Column 4
      7 28 Executive Jobs every Saturday in Business Times
      7 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1007 29 City Flight ETA FWght ETD Adelaide SQ228 1900 SQ227 2130 Amman RJ182 1445 RJ183 2320 Amsterdam KL841 1140 GA892 1055 SQ23 1325 KL842 2105 ANCfcUnd NZ35 1625 NZ28 1815 SQ388 2030 2 Bandar Serf SQ181 1410 SQ182 0915 Begiwaii Bangkok I CI664 0750 QF62 1135 RA408
      1,007 words
    • Article, Illustration
      The Everglades should be forever
      543 29 POSTCARD FROM FLORIDA IF America's founding forefathers' foresight had inspired them to preserve natural treasures when they drew up the Constitution, they might have roped off Florida's northern boundary and declared the entire state a national park. Fortunately, latter-day leaders stepped in before all was
      543 words
    • Article
      MONEY CHANGER RATES
      150 29 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3130 1.3330 Canadian dollar 1.4560 1.4760 NZ dollar 1.032 1.062 Sterling pound 3.3330 3.3530 US dollar 1.7070 1.7170 Local dollars to 100 units of foreign currency Austrian schilling 16.20 17.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      106 29 Duration Title Venue Organiser Tel Duration Title Venue Organiser Td Nov 13-18 13th Plastics Tokyo JP Fair 03-*****57 Fishe^A RuW Fa,r Association Agroindustry Nov 14-20 International Pans Sopros-Blenhe.m 1/*****000 Nov 20 2 4 International Denmark Bella Centre 31/*****1 Technical Subcontractors A/S Exhibition of and Components Equipment Mgt
      106 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      226 29 Prancesco smalto PARIS M[ 1 Wl^fll., lib! H 1 VK V 1 r jB« Bk ij" ■B^Bb The Art of Self Expression The Francesco Smalto eyewear collection is exclusively designed to provide each individual the opportunity to express his own personal style and enhance his look. Kach frame is intricately
      226 words
  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      173 29 one being game H| |H |H 10 Ancient lineage which^ is Nearly 15 They serve meals around IH 17 Cutting skin first before reviciousness if not hostility (8) 27 Go in for book-keeping? becuing mutton chops? 23 Film cases may be heard /5) (4,5) in it (6) 28 Noisy class
      173 words
    • Miscellaneous
      Page 29 Miscellaneous Column 2
      220 29 Singapore Outlook: Showers over a few areas in the late morning and over several areas in the afternoon. Forecast: Maximum temperature 32.2* C Assoc humidity 62% Minimum temperature.... 25.2X7 Assoc humidity 97% Hours of sunshine 6.85 Rainfall in mm 12.3 Rainfall this month 101.6 Rainy days this month 10 World
      220 words
    • Miscellaneous
      Page 29 Miscellaneous Column 3
      26 29 QSESgggggig KEEP GOIMG...G*SP.' NOW-THEN- UWO I CftNT U)Pi\TTO MOT Fftß M 010... MRD£ IT- Y G>e.T 1b WORK "WS C EVENING STANDARD CO LTD 1962-1990 »|SA
      26 words
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  • Article, Illustration
    Chok Tong: why I decided against being party leader
    553 30  -  Prime Minister-designate retraces his mental processes at PAP conference By Kenneth James FIRST Deputy Prime Minister Goh Chok Tong yesterday revealed that he initially wanted to take over from Mr Lee Kuan Yew as secretarygeneral of the ruling People's Action Party,
    553 words
  • Article
    Lock icon Force without UN resolution not ruled out
    516 30 The Gulf Crisis Agencies CANADIAN Defence Minister William McKnight said yesterday it was possible the international alliance of troops in the Gulf would wage a military strike against Iraq without a United Nations resolution calling for the use of force in the crisis.
    Agencies  -  516 words
  • Article, Illustration
    Lock icon Bush pledges US support for Prague
    102 30 AP US PRESIDENT George Bush told a crowd in historic Wenceslas Square in Prague last Saturday that "America will stand with you" through hard times ahead. In return, he urged European solidarity in the Gulf crisis. Speaking on the anniversary of the revolution that
    AP  -  102 words
  • Article
    Lock icon German government plans to privatise Telekom
    222 30 Reuter THE GERMAN government is planning to privatise Deutsche Bundespost Telekom, the profitable telecommunications arm of the state-owned postal authority, the news magazine Der Spiegel said. At a Cabinet meeting last week. Chancellor Helmut Kohl asked for a study of how the privatisation could
    Reuter  -  222 words
  • Article
    Leasing tax change will not hit S'pore companies
    480 30  -  From Catherine Ong in HONGKONG A TAX change in Hongkong to stem a HK$l billion "haemorrhage" of public funds through cross-border leveraged leases will not have a major impact on the industry in Singapore, bankers said. Mrs Lim Siew Hua, director of
    480 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      103 30 PiageT fOA/um en iKMuxmii imis m CFMVE -"T Dauphin Sitzkultur THE STRENGTH OF YOUR COMPANY IS IN THE BACKBONE OF YOUR EMPLOYEES. Display your corporate philosophy The Dauphin Basisline product range from West r! Germany constitutes a programme of office chairs expressing corporate design at every work Basis Line can
      103 words
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      Page 30 Advertisements Column 2
      267 30 Pi.vgeT JtMJJHR ENIKMWEIUF, 1MV***** GENM I ml J Prime Freehold Retail Units 3800 sq ft, 3rd Level Tanglin Shopping Centre FOR SALE BY TENDER CLOSING DATE: 28 NOV 1990 For Inspection and Tender Documents, please contact: Nuclear threat from Iraq growing, say experts, Pg 8 .wtasSy^Xi^j. jjj||||||||||||||||^j k j For
      267 words
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  • Shipping Times
    • Article, Illustration
      MSE stake will reduce MISC's fleet repair costs
      399 31  -  By Othman Abu Bakar THE MALAYSIAN International Shipping Corp (MISC) will be able to reduce its fleet maintenance cost by some Ms4o million annually should it succeed in gaining control of Malaysia Shipyard and Engineering (MSE). BBMB Securities, a Kuala Lumpur-based stockbroking
      399 words
    • Article
      Philippines concerned about increase in maritime disputes
      347 31  -  From Al O Labita in MANILA THE PHILIPPINES is alarmed over the rising number of maritime disputes, most of which were over breach of contract involving foreign shipowners, Filipino sailors and recruitment agencies. Philippine Overseas Employment Administration (POEA) officials told BT that the
      347 words
    • Article
      GCS to take over Lufthansa's B747 freighter services
      346 31  -  By Rahita Elias LUFTHANSA subsidiary German Cargo Services (GCS) will from next month take over its parent's 8747 freighter services to Asia. Karl-Heinz Kopfle, GCS managing director, told reporters in Frankfurt that as Lufthansa did "not have enough crew" to run some
      346 words
    • Article
      Lock icon Chinese airline plans to fly direct to Europe
      232 31 Reuter CHINA'S state airline plans to increase its international flights, including direct flights between Asia and Europe, the Beijing-owned China News Service (CNS) reported. The Civil Aviation Administration of China (CAAC) will speed up preparations for setting up a direct Asia-Europe link
      Reuter  -  232 words
    • Article
      Garuda Indonesia buys 11 planes from Boeing
      252 31 GARUDA Indonesia has placed an order to buy 11 new planes from Boeing Commercial Airplanes of the United States. The English-language Jakarta Post, meanwhile, said on Friday that the state-run flag carrier would launch an inaugural weekly Jakarta-to-Moscow flight this week. The US$7OO
      252 words
    • Article, Illustration
      Lock icon HK tycoon renews attack on airport project costs
      273 31 Reuter OUTSPOKEN construction tycoon Gordon Wu has renewed his assault against Hongkong's new airport project, saying final costs would exceed projected figures by a whopping HKS36 billion. "Hongkong needs a new airport, but let's do it in a sensible and economic way,"
      Reuter  -  273 words
    • NEWS SUMMARY
      • Article
        Air cargo takes on new route
        48 31 A NUMBER of earners have stopped marketing air services from Australia to Europe. The one-stop service, coupled with low yields on the route, has altered the pattern of air cargo industry as airlines are focusing more on the Asian region P*ge 2
        48 words
      • Article
        A marked effect on US airlines
        54 31 DEREGULATION of US airlines. meant to spark competition and reduce airfares, 12 years later is producing a marked effect on a turbulent industry. Competition is indeed fierce, but analysts say big carriers like UAL Corp are becoming megacarriers. Others, most notably Eastern Airlines, flirt
        54 words
      • Article
        Mozambique tries to restore network
        63 31 MOZAMBIQUE'S efforts to rebuild an economy shattered by 14 years of civil war depend on restoring its devastated transport network. Pressure is growing on Mozambique to complete the rehabilitation of its ports and railway system as its main shipping rival. South Africa, brings in political
        63 words
      • Article
        Crude oil imports to Rotterdam up
        36 31 IMPORTS of crude oil into Rotterdam, the world's largest port, held up in the three months to end-September, despite the international embargo on trade with Iraq and Kuwait Back Page
        36 words
    • LOG BOOK
      • Article
        United Airlines wins Chicago-Tokyo route
        66 32 UNITED AIRLINES has won a long-awaited final approval to begin non-stop service between Chicago and Tokyo in a showdown with rival American Airlines. The US Department of Transportation has given its final approval for the new United route, and United chairman Stephen Wolf said the
        66 words
      • Article
        IATA hits out at US tax levy
        107 32 THE International Air Transport Association (lATA) has criticised a US government decision to impose a tax on foreign passengers arriving in the US. Under the tax, agreed last month, US carriers and shipping companies must pay US$l for every passenger they fly into
        107 words
      • Article
        Canada, S Arabia sign air pact
        76 32 THE Canadian government said it signed its first air service agreement with Saudi Arabia. Under the pact, a designated Canadian airline can operate to Jeddah via Cairo from any point in Canada. The designated airline of Saudi Arabia is permitted to serve Montreal via
        76 words
      • Article
        Pakistan cuts car duties
        91 32 THE Pakistani government last week announced measures aimed at offsetting higher transport costs following a 41 per cent hike in domestic petroleum prices. Import tariffs on transport vehicles in completely knocked down condition which ranged from 15 per cent to 45 per cent were abolished, an
        91 words
      • Article
        Force majeure declared on deals
        102 32 CRA LTD's Hamersley Iron said it has declared force majeure on all its contracts because of a strike halting iron ore shipments from the Western Australian port of Dampier. A CRA spokesman said no trains have run between the mines and the port since members
        102 words
      • Article
        Hellenic delivers reefer ship
        86 32 HELLENIC Shipyards SA delivered a multipurpose reefer vessel, Vikin, to the Soviet firm Sudoimport at a ceremony at Skaramanga port near Athens. Vikin was the last of four ships ordered at Greece's main shipyard in a U5565.6 million deal signed in 1985 in Moscow. All four
        86 words
      • Article
        AT&T plans fiber-optic link
        94 32 THE American Telephone and Telegraph Co announced a plan to build the first fiber-optic link between the United States and Germany. The cable is expected to handle about 100,000 simultaneous telephone conversations between the two countries, according to a company statement. AT and T and a
        94 words
    • Article, Illustration
      Alternate route for air cargo
      1121 32  -  A number of carriers have stopped marketing air services from Australia to Europe. The one-stop service, coupled with low yields on the route, has altered the pattern of air cargo industry as airlines are focusing more on the Asian region. Florence Chong, reporting from Sydney,
      1,121 words
    • Article
      COCKETT BUNKER MARKET REPORT
      877 32 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      877 words
    • Article
      THE SHIPPING GUIDE
      10748 40 This is a list of ships loading A 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
      10,748 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        536 47 V«mI Voy No Berth <wW Oopartae ¥e««< *oy Wo Berth Arrival D«pjrtu« K«pp«l Wharves Mas Jaya 7/90 P1A 18.11/1600 1911/0600 Batyinston 10 *32 alongside 19.11/UJU Me rcuf ypea f 12E P2C 19.11/0700 2011/0600 Qa.yunshan 7/90 *29 atongsde 21.11/UW Pef|ta (ntan 2 4 90 P20 19.11/0830 1911/2300 Hone
        536 words
      • Article
        CONTAINER SCHEDULE
        1200 47 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Bookiif/Balance RdU Ship Voy No Etb/Btr Period From To From ACX Lotus 6A 20/2100 2 18/1700 19/0659 19/0900 4 19/1200 19/1459 19/1700 ACX Rose 5B 20/1500 2 18/1700 19/0659 19/0900 3 19/0700 19/1159 19/1400 4 19/1200 19/1459 19/1700 Anna
        1,200 words
      • Article
        IN MALAYSIAN PORTS
        370 47 Port Klang Berth at South Port on Nov 16: 2: Global Ceres; 3: Fidelity: 4: Kris Merubi, Hong Soon H; 6: Yong Hua; 7: Cheung Hing; 7A: Swee Long Satu KCT: 9: Bunga Melati: 10: Melita. North Port: 11: Mercury Pearl; 12: Gang Cheng; 13: Silvia Sky;
        370 words
    • Article
      DAILY FREIGHTS
      984 47 DRY CARGO freight rates were generally slightly firmer on signs of increased interest in chartering vessels for nearby loading. Dealers said the market remained underpinned by the possibility the US could offer credit to the Soviet Union for grain purchases when Presidents Bush and Gorbachev meet later this
      984 words
    • Article
      Lock icon US deregulation produces marked effect for airlines
      387 48 Reuter DEREGULATION of US airlines, meant to spark competition and reduce airfares, 12 years later is producing a marked effect on a turbulent industry. Competition is indeed fierce, but analysts say big carriers like UAL Corp are becoming megacarriers. Others, most notably Eastern
      Reuter  -  387 words
    • Article
      Lock icon Mozambique attempts to restore network
      300 48 Reuter MOZAMBIQUE'S efforts to rebuild an economy shattered by 14 years of civil war depend on restoring its devastated transport network. Pressure is growing on Mozambique to complete the rehabilitation of its ports and railway system as its main shipping rival, South Africa, brings in
      Reuter  -  300 words
    • Article, Illustration
      Lock icon Rotterdam crude oil imports up despite Gulf conflict
      228 48 Reuter IMPORTS of crude oil into Rotterdam, the world's largest port, held up in the three months to end-September, despite the international embargo on trade with Iraq and Kuwait, the harbour authority said. A total of 20.8 million tonnes of crude entered
      Reuter  -  228 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      228 31 »SHIP LASNINQ MATERIALS SPECIALIST MINTERMARINE SUPPLY CO (PTE) LTD TEL: *****33 (6 LINES) FAX: *****77 The Ocean Becomes Smaller In 1991, Hanjin Shipping will make the oceans smaller for you by adding new vessels to our already modern fleet. Hanjin Shipping's commitment is to offer the Customer convenierfce through increased
      228 words
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      Page 31 Advertisements Column 2
      27 31 Cocfcett Report 2 Container Schedule 17 My 17 Indo to Mvertam 3 Sfeppng Gudt 10.11 Shis m Port 17 S«*apore Tries 17 Weather and Sea Contains 17
      27 words
Page thumbnail Page 32
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      97 32 Globe-trotting Alligator Mitsui O.S.K. Lines' Alligator container service spans oceans and crosses continents by ship, rail and truck. r Our Alligators provide Asian shippers with fast and frequent sailings to the world's principal markets in the Americas, Europe, the Middle East and Oceania. For dependable delivery and experienced handling, you
      97 words
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      Page 32 Advertisements Column 2
      68 32 NOTICE M.V. "EBPEKAMA ACE" VOY. It ARRIVED SINGAPORE S.llJ# Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a Oeneral Survey will be held on the 20th November 1900 (Tuesday) Keppel Wharves at K 30 from 0000 hours 1200 hours. No further survey will be entertained
      68 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1895 33 Aaa> JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt, Singapore 0208 AmwMww t«< 221 ml telex no rs IfCmil TERMINAL/CPS Tat *****11 220 P Duufifl BOOKINGS To! *****34 23S L nPWQF A >ESAKA JAROINE SHIPPINC AGENCIES SON BHD PORT KELANG TEL *****1 l TELEX NO MA*****/MA***** PENANG TEL *****4
      1,895 words
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      Page 33 Advertisements Column 2
      1297 33 KMX 1 TjUDVERTjSERS Par Col Page Col i i r- ~~i ABC Containerline 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 AFS IS I Madju Sdn Bhd 16 1/2 Ahrenkicl Liner 16 3 Maersk Line 3 4/5 Albatros Sea-Air 14 5 Mainfrcight 15 4 Alfred
      1,297 words
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      Page 33 Advertisements Column 3
      2184 33 VMM Voy ETA j ETD 'Port -Penang < DESTINATIONS Singapore Kelang Th« MM MaiMtK M 9000 Feeder by cv ao/n oaoo hrs mfwcoa HBi MB BUM Cf S IVII 2369 HRS M Tauro OAK LOB MOO MEM ATI. MIA CHS BAL PHL NYC MON TOfl MAJESTIC M 9006 20/11 21/11
      2,184 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      1207 34 ROTTERDAM/ VOY NO S PORE P KELANO SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CAROtGAN BAY 98/539 22/11 17/12 11/12 13/12 10/12 16/12 BENAVON 97/543 25/11 12/12 15/12 17/12 BREMEN EXPRESS 99/542 29/11 24/12 18/12 20/12 17/12 23/12 BENALDER 98/546 2/12 19/12 22/12 23/12 KATSURAGI 03/545 6/12 30/12 28/12 27/12 23/12
      1,207 words
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      Page 34 Advertisements Column 2
      585 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I FLOREANA 20-28/11 10/12 12/12 17/12 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA A NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I FLOREANA 20-28/11 30/12 31/12 4/1 Also acctfttnt Cargo to Callao (Pom) via Valpa B II t/1
      585 words
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      Page 34 Advertisements Column 3
      1422 34 Qaroa sjtmrs REGULAR INDEPENDENT FUU. CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL FEL ROT ANT HAM BRE LHA 21 A (VIA (VIA G) ROT) HAM) NORASIA SUN 9037-3 18/11 10/12 12/U 15/12 16/12 17/12 11/12 19/12 18/12 I NOR ASIA PEARL 9038-3 25/11 17/12 19/12 22/12 23/12 24/12
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      1780 35 SjgSteamers Maritime Holdings Ltd P&O fIfIWSTRAITS SHIPPING SlMioort ti BpwmL EiH Mativsta. Containers ACCEPTS OUI SAILS Voy No PKlang Sport S'ton H'buri B'luven (Tdun left r Aft rjl CAROIGAN SAT *519 BAR 19,11 22/11 IS/12 12(12 M/ 12 10(12 17/12 tTB4ITt ucilTllßt u ,d. BINAVON 97/543 -BAR 19/11 2VU 12/12
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      Page 35 Advertisements Column 2
      1562 35 TO: EUROPE TO: FAR EAST STORE NK MO KOi BU V LH ROM MAM B'MVN HE FIX HANJIN OAKLANO 0101 I*ll 22/11 21/11 2*ll 21/11 MANJIN UNAVRI OMR ■(U 7/12 *U W 11/U 11/12 12/11 CMOYANC ClO«r »ll WU 2*ll W *U MANJIN FEIIXSTOMf 00b* 2*U li/u U/12 14/U li/12
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      Page 35 Advertisements Column 3
      54 35 SBHJM SMPPM6 PTE LTi. A 20-09, Tong Eng »k) 0 101 Cadi St. S por. 0106. Tali *****12, *****13, *****34. JHMBi Talra RS ***** Po« *****24 i WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIDAH 22/23 NOV SIBU, KUCHING SUTRA 22/23 NOV P. KELANG SENG HING 23/24 NOV PENANG TRANS BULK 2>/»
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      Page 35 Advertisements Column 4
      383 35 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL CHAMPION COSMIC ASIAN COSMIC TRADER TRADER STAR CHALLENGER VOY NO 13 13 lit J Spore Sailed 22/11 11/12 11/12 P. Kelang In Pt 24/11 09/12 13/12 Hongkong Calcutta .Yokohama Nagoya 15/12 Osaka Fully Booked Senboku 11/12 Tokyo Hochiminh •For Discharging
      383 words
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      577 36 —O" CR NBR **********0-D EXPRESS SEMI-CONTAINERSNIP SERVICE TO EUROPE VSL/VOY S'PORC ROAM/AOAM H BURG BREMEN ANTXEIM SRIWIJAYA 30WB 26-29/11 W W U/l 14/1 KUTAI7IWB [gjgU 24/1 30fl 4/2 6/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«cl to Inducement Alao accepting cargo to Caeablanca, Port Said. Port Alexandria. Genoa. Trleele ALSO
      577 words
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      Page 36 Advertisements Column 2
      880 36 IffitHANJIN SHIPPING l! vy FULL CONTAINER SERVICE HANJIN LE HAVRE 010W "ffi ZT*Z 3> BfiSSiffff SHIR. S3 SB HANJIN FELIXSTOVIE 005* 2VU 13/12 14/12 15/1? 15/12 17/12 11/12 CHOYANC 2WI H SEATTLE JVU WJ CHOYANC PARK OUW 1/12 19/12 20/12 21/12 21/12 23/12 24/12 CHOYANC SUCCESS 011E 3/12 H BUSAN
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      Page 36 Advertisements Column 3
      1271 36 y i -j. TJ- -J I PKL SGP HKG KSC KLC PUS MKT OSK 9U TYO LAX SfC PTL CHS BAL NYC LHV ANW RON FLX/THP HBC SCP I I GUARD 1 040€ biPt— 23/11 24/11 9/12 12/12 14/12 E GIANT RE-0U 21/11 2901 4/12 *12 7/12 10/12 12/12 14/12
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      1840 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 k AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 Mm TERMINAL OFFICE :*****22 DOCUMENTATION OEPT: *****44/ *****14 CFS: K27—IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.MO3) E *****33, P.Kelang-(03) *****87, Penang-(04) *****0, J.Bahru-(07) *****3, *****4
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      Page 37 Advertisements Column 2
      1148 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND vessels VOTAC£ |SPOBt |m*WIIA HHOWC VOYACt swot H»LANC MBURC > HAVEN TIL»U»~ HOTT
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      Page 38 Advertisements Column 1
      1458 38 I STK line KAWASAKI KISEN KAISIIA. LTD. EXPORT N. AMERICA-PACIFIC SOUTH-WEST IMPORT N. AMERICA PACIFIC SOVTH-WEST j /iswreu ras 0 iw® [gfilsasvgs& s& sr u ss ///whss*k jgrafc f Si* fH QUEENS WAY BRIDGE 10 »U 29/11 1/12 MANHATTAN BRIDGE M 23/12 28(12 27/12 31/12 BROOKLYN BRIDGE 34 31/10 6/11
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      Page 38 Advertisements Column 2
      1162 38 M PHIU-ORI€NT UN€S PT€ LTD 1108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 -v BY AIR: LAND OR SEA WE TAKE ON THE WORLD FOR YOU a MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 NOV MONTREAL, Ottawa, toronto, VANCOUVER, S'WESTERN ONTARIO.
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      1571 39 SSSSS JCr#Jf PACIFIC INTERNATIONAL LINES (PTE) LTD J gjgg pit. Building, 140 Cecil Street #0340, Singapore 0106. PAKARTA 1 [BANGKOK ssr s; a, s. sr.. 2?, s» MAJAPAHIT MSB 25/11 28/11 KOTA JADE OtNB 21/11 EDEN 9040 21/11 1/12 5/12 PEQASU3 PROGRESS S44N 24/11 2! 11 KAI GUANO 41SB 3/12
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      Page 39 Advertisements Column 2
      911 39 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. 9 Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT i 'VESSEL |VQY SPORE P KLANG" HAMBURG B'HAVEN R'DAM L'HAVRE 'Cardtgan Bay* 22m 16/12 11/12 13/12 10/12 17/12 Beravon+ 97/543 25/11 Via Bar 12/12
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      Page 39 Advertisements Column 3
      333 39 M MYANMA fA HVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PATHEIN VIO7W In Pt HPA-AN VIS7W In Pt SITTWE V4BW 21/25 No* (LOADING FOR RDAM'HMBG/ANTWP) PAGAN VI64W 280 Dec •g> THE BANK LINE (A service of Andrew Weir Shipping) XT SEMI-CONTAINER SERVICE HEAVY
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      Page 42 Advertisements Column 1
      799 42 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT MBC MECKLENBURG NMOO2 2*ll 23/12 22/12 24/12 21/12 ASIAN SEN WFOU 2»/ll 22/12 21/12 20/12 73/12 25/12 BRANOENBURG **101 1/12 VI 4/1 VI 2/1 JAPAN SEN WFIOI 11/12 3/1 VI VI W VI AMERICAN SEN
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      Page 42 Advertisements Column 2
      1147 42 I uzstaL.. CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OIW CONSOLIDATION SERVICES TO: EUROPE 24 NOV a 1 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLANO DESTMATNMS FAR EAST PORT KELANG 23/11 A 30/11 MANILA 24/11 1/12 PENANG 23/11 30/11 BUSAN 25/11 2/12 BANGKOK
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      Page 42 Advertisements Column 3
      302 42 H LOADING FOR wtistL (Ipom cm M* oaioes wm*o mo mwt MosmcN i iiu wu viu in Wm opt V ÜB7 2 ALSO LOADING F0« OUENOS AIOES Direct to Turkey, Red Sea/ Med Ports. Sport P KMmw Pwunf LoWim lor GCNCLIK V 1:» 2 OEC 5 OCC OPT OCR!MCE.ISTANBUL IZMIR.
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      Page 42 Advertisements Column 4
      1164 42 W CHINA OCEAN SHIPPING COMPANY j FULL CONTAINER LINER SERVICE ™j 2. MISTRI ROAD, HMC BUILDING cay #15-00. SINGAPORE 0207 CABLE COSTARLtNE CR NO: **********0 M CABLt General Agents: GOSTAR SHIPPING PTE LTD VfSSUVCM SOP rL» »OT HAM ANT Q*K VESSELVOT MX HOT W AWT OKU SCP LIAO HI WW
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      Page 43 Advertisements Column 1
      840 43 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! KTA USA All IPI Destns 24/11, 1/12 EUROPE all Ports 23/11, 30/11 BANGKOK 23/11, 26/11 HONGKONG/CHINA 22/11, 26/11 SYD, MEL, ADEL, BRIS 20/11, 28/11 FREMANTLE 27/11, 2/12 MANILA 22/11, 29/11 PKLG/PENANG 24/11, 1/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Panang
      840 words
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      Page 43 Advertisements Column 2
      240 43 MARINE AGENCIES (S) PTE LTD TEL: *****33 (12 Una*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL |VOY ETA |LOAD«NG FOR SPORE NETSANET 2OWO In Pi DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABYOT 23W8 STT? DARESSALAAM MOMBASA DJIBOUTI ASSAB
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      Page 43 Advertisements Column 3
      822 43 feUl-P.T. MASKAPAI PELAYARAN WpULAU LAUT POLLY «6i6NAL7CfDfff slfivfCE" TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA t THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PA J SIN
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      Page 43 Advertisements Column 4
      985 43 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY SPORE CCBU MANILA SIRI BHUM# 470N **0" Thur PA I THANA BHUM 46S IN PT OMITS 24/U JENLINK 32N W.d 21/11 Sat 24/11 SO ORIENT m BAI Ml 30flT~ NANTA BHUM 16N Wed 21/U Sat 24/11 THANA BHUM OS 38/11 602 8/12
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      Page 44 Advertisements Column 1
      1110 44 MAC-NELS SINGAPORE export tel *****22 import tel *****02 J PENANG TEL: (04) *****6 KK TEL (088) *****0 TAWAU TEL: (089) *****9 k p KELANG TEL: (03) *****77 KUCHING TEL (082) *****3 SKAN TEL. (089) *****2 I-W\ Jj BAHRU TEL (07) *****2 SIBU TEL: (084 *****2 LABUAN TEL: (087) *****9 V
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      Page 44 Advertisements Column 2
      482 44 BLUE STAR LINE SINGAPORE TO j|NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PtY AUCK LYT PREMIER 0»S No* U Dec Via NPL 13 Dec MULBERA
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      Page 44 Advertisements Column 3
      1242 44 THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VOT lET* [PEST VESSEL WT I ETA IST KIM SOON LI 45/90E 21 NOV PENANG EQUATOR
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      Page 45 Advertisements Column 1
      744 45 Wv COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCI/SOC CARGOES TO/FROM CALLAO. MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Pcning* P. KtUng Singapore ROSEEVERETT 21/23 Nov 24/25 Nov SHAPLAEVERETT 07/09 Dec 10/11 Ow KAMALEVERETT 27/21 Ok 29/31 Dec "EVERETT ORIENT LINE"
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      Page 45 Advertisements Column 2
      579 45 VSL K/nv h pom IMAINLINER ILAX IKST jSAV |NYC |HfX A VESSEL 21/11 ZM CALIFORNIA 19(12 Ml Jl/12 7/1 Jrt A VESSEL Mill 2111 CALIFORNIA I*l7 2*12 Jl/12 »1 VI 2111 KAOHSIUNC USE 2/12 ZIM CANADA U/12 W Urt Mfl W A VESSEL Vl2 21* CANAOA 1/1 W Ufl W
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      Page 45 Advertisements Column 3
      625 45 SING KWANG HANG] MafMNQ t TIUMfOMTATtOM (TTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAY>T~| PSLOPOR V.962 17/11 18/11 I JENWEL VIB4N 1 19/11 I— 123/11 VESSEL S PORE BANGKOK "I A VESSEL 14/11 17/11 A VESSEL 19/11 22/11 DESTINATIONS ETA SINGAPORE PORT KELANG 15 NOV MANILA 17 NOV
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      Page 45 Advertisements Column 4
      487 45 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOV SIN JKT SBY PELOPOR 962 17/11 20/11 PRASETIA 121 A 21/11 24/11 PELOPOR 963 24/11 27/11 PRASETIA 123 A 28/11 01/12 TAN TO U TAMA 121 19/11 22/11 > TANTO UTAMA 123 26/11 29/11 TANTO UTAMA 125
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      Page 45 Advertisements Column 5
      326 45 SIN FAN EAST 25/11 KEELUNG/KAOHSIUNG 24/11 BANGKOK < 23/11 MANILA/CEBU 24/11 JAKARTA/BELAWAN/SURABAYA 24/11 PORT KELANG/PENANG/E. Malaysia 24/11 BUSAN 25/11 TOKYO/YOKO/KOBE/NGO/OSA 27/11 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuztiou/ Xiamen/Xingang/Shanghai SIN EMBOPE/UK 24/11 LDN/FLX/LVP/SOU 24/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN USA/CANADA 25/11 LOS ANGELES/NEW YORK all IPI
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      Page 46 Advertisements Column 1
      466 46 Ak CB SHIPPING MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE sn lAE HI SI MA POM TTMII 119 SB V »ll *12 10/12 J*(| 2 <20S8 29 30(12 10(1 12/1 W I*l •TtSHIP "San Juiti' ti Lm 4/12 BUNKER SURCHARGE EFFECTIVE VIBSB TEU USOS6 00 B/BULK
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      Page 46 Advertisements Column 2
      999 46 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MER9IN 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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      Page 46 Advertisements Column 3
      496 46 I LCL/FCL SERVICE 0/ Gervi-»< A&n^t r 7KAAK-7/MKL PENANG KL: allied-link SINGAPORE: /f/^\ 3&3r 04-*****2 09-*****55 778 «522<22 unesi (SP3) Marina Ong Sump Ng/Chr«etlna CMaw Irene Chang/Eathar Yap ffisp\ EO SHIPPING AGENCIES PTE LTD liT/tf W Tlx RS ***** NEOSHIP Fa* *****59 Tel *****29 (6 Lines) A. VSL 20 NOV
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      Page 46 Advertisements Column 4
      347 46 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 22W8 22/11 VIGOUR PACIFIC 23N8 2/12 BANGKOK 21/11 28/11 BUSAH 22/11 28/11 HONGKONG 26 11 2/12 DURBAN 29 11 13/12 KEELUNG 2/12 9/12 FT. LOUIS 29/11 13/12 PT KELANG 21/11 30/11 KOBE 26/11 3/12 PIRAEUS 26/11 10/12 OSAKA 27/11 4/12 JAKARTA 24/11 26/11 SURABAYA
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      445 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0(00 0700 MOO 0900 *****100 1200 *****400 ***** COO *****M0 ISM 2000 2100 2210 2300 JR 25 25 24 2.0 1.5 12 1.1 1.1 1.4 10 26 11 3.2 30 25 19 1.3 09 06
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      Page 48 Advertisements Column 1
      296 48 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 f ff/| HIAP HOC SHPPNG ENTERPRISE 1 f/Jif TIL: *****66 FAX: *****10 \JflJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG GLORY
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      Page 48 Advertisements Column 2
      688 48 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKC LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI CHALLENGER 3tt wi" 29/11 W? MW WU 20/12 HYUNDA' PIONEER 35W W0 XjV> WW Ml »/U MYUNHAI INNOVATOR 37E 1/12 6/12 24/12
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      Page 48 Advertisements Column 3
      529 48 CHARTPOINT Every Saturday in Business Times EXPORT TO: UK/CONTINENT (TRIO) S PORE I S TOW H'IUM BHAVW ROAM UN Stocthof TO*tO EXP*ESS 44/5* 11/U i/12 B/12 WU «*tw»w :to Antv*r». A»«t»rtai» Otto. Hatunki CARDIGAN BAT WO) ttll 14/12 11/12 13/12 I*l2 ***** Brw—m™ BCNAVON VS43 25-11 12/12 15-12 17/12 SauDianpton
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