The Business Times, 21 November 1990

Microfilm: NL17138
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday November 21 1990 75*
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  • NEWS SUMMARY
    • Article
      Fall in US housing starts
      55 1 US HOUSING starts fell a sharp 6 per cent in October to their lowest level since the 1982 recession, the Commerce Department announced yesterday. The dramatic fall in starts of new homes and apartments followed a 2.1 per cent decline in September and a 1.9
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    • Article
      WPP Group on critical list
      51 1 WPP GROUP, which built the world's largest advertising agency through heavy borrowing, is on the critical list. Shares in WPP, owner of Ogilvy Mather and J Walter Thomson, have lost half their value since the company said on Monday that profit would be lower than
      51 words
    • Article
      AIF scheme introduced
      31 1 THE TRADE Development Board has introduced the Approved International Fair (AIF) scheme to help build up Singapore as a premier centre for trade fairs and conventions Page 2
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    • Article
      Aussie law firm
      23 1 ONE OF Australia's largest law firms, Mallesons Stephen Jaques, will open an office in Singapore on Jan 1 Page 2
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    • Article
      More aid for Vietnam
      23 1 VIETNAM is to receive greater economic cooperation from South-east Asian countries once the Cambodian conflict is settled Page 8
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    • Article
      Less foreign money
      33 1 AMERICANS will no longer get the US$lO billion a month that has been coming from Japan, Germany and other countries but the need for foreign money should decline. Page 9
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    • Article
      New world order
      31 1 SOVIET President Mikhail Gorbachev has called for a new world order in which his country would abandon totalitarianism for democracy and discard separatist passions and nationalism Page 9
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    • Article
      British telecom
      25 1 BRITAIN intends to create the world's most liberal telecommunication environment, one that is even more liberal than that in the US Page 12
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    • Article
      Bunkering prospects
      34 1 WHILE the Singapore bunkering industry expects to equal the 1989 record lifting of 10.6 million tonnes this year, industry sources have mixed views on prospects for next year. Shipping Times, Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      51 1 US blue chips moved slightly lower in largely directionless early trading yesterday. Analysts said the session would likely be mixed, with little incentive for buyers or sellers. The Dow was off about five to 2560. Declines outpaced advances by about four to three five minutes after the opening
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    • Article
      Footsie higher
      50 1 STOCK shortages and Wall Street's overnight strength helped shares continue to advance yesterday as the markets await the outcome of the election for the leadership of the Conservative Party. At 12.00 GMT the Footsie 100 Share index had gained 25.3 points on Monday's close and stood at 2121.2.
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    • Article
      Advice to shareholders
      39 1 CENTREPOINT shareholders holding long-term views have been advised by N M Rothschild to reject F&N's takeover offer even though the Gulf crisis has already knocked $32 million off the value of CPL's flagship building Page 3
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    • Article
      Mandarin victory
      28 1 HK-LISTED Mandarin Resources has finally succeeded in its long-disputed claim against three companies which collectively held 67 per cent of Lucky Man Properties shares Page 3
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    • Article, Illustration
      STOCK INDICES
      29 1 Tuesday Change BT-MGA 557.98 -0.32 Kuala Lumpur ....477.69 +0.95 Hongkong 3,031.92 -10.66 Tokyo 23,205.48 -312.68 Sydney 1,365.5 +17.5 Monday Change New York 2,565.35 +15.10 London 2,095.0 +27.9
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7090 Yen S$ 1.3253 MS SS0.6350 Money market rates Overnight 4-7/8 3-3/8 3-month 6-3/8 -1/2
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    • Article
      COMMODITIES
      34 1 London Gold AM fix US$379.50 US$1.90 Rubber S'pore Dec 156.00*/kg +0.50 M'sia Dec 243.50«/kg +0.50 KLTin Turnover 35 tonnes unch Spot M$16.20/kg +1.00 Cmdo oolm oil Turnover 2,011 lots +131 Dec M$812/tonne -17
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  • Article
    Use '91 slowdown for consolidation, advises Mah
    523 1  -  By Kenneth James GROWTH next year of between 3 and 6 per cent the official preliminary forecast "barring any major catastrophe" will still keep the Singapore economy along its sustainable long-term growth path, and businesses should use the period of slower growth to
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  • Article
    Lock icon Iraq beefs up troops in Kuwait
    234 1 The Gulf Crisis Agencies IRAQ yesterday declared it was reinforcing its occupation armies in Kuwait with a quarter of a million more men while Soviet President Mikhail Gorbachev refused to endorse the use of military force against Iraq as war jitters shook the Gulf
    Agencies  -  234 words
  • Article
    Oil prices rise to close at US$31.50
    122 1 OIL prices, after sliding last week, shot higher in New York on Monday after Iraqi President Saddam Hussein followed his weekend offer to free foreign hostages on Christmas with an order to reinforce Iraqi troops in occupied Kuwait. In feverish trading, oil for
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  • Article, Illustration
    Call for body of expertise on Indonesia to improve ties
    405 1  -  By Shoeb Kagda A BODY of expertise on Indonesia needs to be set up among Singaporeans if the Republic is to have better relations with Indonesia, said Singapore's Ambassador to Jakarta yesterday. "There is a need for more Singaporeans who
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  • Article, Illustration
    UIC head, associate professor named NMPs
    418 1  -  By Yong Paw Ang BUSINESSMAN Leong Chee Whye and cardiologist Maurice Choo Hock Heng have been chosen as Nominated Members of Parliament (NMPs). They will be appointed by President Wee Kim Wee tomorrow for a two-year term. Mr Leong, managing director of United Industrial
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  • Article
    Lock icon Bangkok to relax foreign exchange controls further
    180 1 Reuter THE THAI government has agreed to relax foreign exchange controls further to facilitate foreign trade and give Thai investors greater flexibility in their capital transfers. A government spokesman said the Cabinet approved a Finance Ministry proposal that /private commercial bank*, authorised currency
    Reuter  -  180 words
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      Page 1 Advertisements Column 1
      226 1 ;ntwimlHWllßME— I EXECUTIVE PLACEMENTS I *****62 Aircraft Schedule 27 Money Changer Rates 27 World News 9 Commodities 26 Money Market 25 Cryptic Crossword 27 Regonal News 8 Editorial 12 Regional Stock Markets 23 For market inckces, editorial. Financial News 6 SES 18,19 advertising and circulation ex Futures Options 25 Share
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    • Advertisement
      Page 1 Advertisements Column 2
      17 1 Sentiment at its lowest since *85, Page 10 New and planned investments reveal longer-term confidence, Page 10
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    • Advertisement
      Page 1 Advertisements Column 3
      148 1 f\ CvbXwiy 0^ (nhßiiainl SINCE 1888 V J Made in WEST GERMANY Sole Agent: H. W. Shelley Co. (Pte) Ltd. THE PLAYING of music in public has been taken for granted in Singapore. It appeans that many do not realise that they require a licence to do so. The Performing
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        CIDB, NTI jointly organise course
        80 2 THE Construction Industry Development Board and the Nanyang Technological Institute are jointly organising a six-week course on the Appraisal and Repair of Concrete Structures. The course comprises 18 hours of class lectures and six hours of hands-on laboratory work. According to CIDB, research and development
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      • Article
        LKY Distinguished Visitor
        58 2 THE first musician to come under the Lee Kuan Yew Distinguished Visitors Programme will arrive next Tuesday, Nov 27. Professor Alexander Goehr, a leading figure in the British musical scene, will stay in Singapore until Dec 14. He will give two public talks at the National University
        58 words
      • Article
        Envoy presents credentials
        33 2 THE High Commissioner of New Zealand, His Excellency Colin Virture Bell, presented his credentials to President Wee Kim Wee at the Istana on Monday. Mr Bell succeeds Donald Geoffrey Harper.
        33 words
      • Article
        Closed for Thanksgiving
        43 2 THE American Embassy and the United States Information Service American Library Resource Centre will be closed this Thursday, Nov 22, to celebrate Thanksgiving Day. Libraiy and student counselling services and all consular services will not be available on that day.
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    • Article
      Consumer Price Index up slightly in October
      205 2 THE uptrend in consumer prices continued in October with a 0.8-point rise in the price index over September. Compared with a year ago, the 107.9-point October consumer price index was 3.9 points higher. Higher bus, taxi and air fares and petrol costs jacked
      205 words
    • Article
      TDB boosts S'pore's role as trade fairs centre
      334 2  -  New scheme offers tax benefits, data back-up By Claire Leow TO BUILD Singapore up as a premier centre for trade fairs and conventions, an industry worth $300 million a year, the Trade Development Board has introduced the Approved International Fair (AIF) scheme.
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    • Article, Illustration
      LeBlond Makino to inject $20m into local operations
      305 2 MACHINE tool specialist Leßlond Makino Asia is investing $20 million to expand its operations here, including a technical support centre for its growing AsiaPacific market. Director Moh Chong Tau said Leßlond Makino is also building a new factory at its existing factory
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    • Article
      Aussie law firm to set up office here next year
      402 2  -  From Florence Chong in SYDNEY MALLESONS Stephen Jaques, one of Australia's largest law firms, is to set up an office in Singapore in the new year. The Singapore office will open its door on Jan 1. It is part of
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    • Article
      CIDB grants for three
      114 2 THREE construction firms have been awarded grants totalling more than half a million dollars by the Construction Industry Development Board (CIDB) to handle research and development projects. They are OKS Equipment, Grace Formwork Technology and L&M Systems, which will use the money to research and develop
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      200 2 NO OTHER PRINTER IS CLEARER, QUIETER, QUICKER OR EVEN SMALLER THAN THE CANON BMOe. mo ShS i:UKN t'.MAI.I.KH 'I'll AM < ANON ANI) THAT B AMCHJT mT,T^',fii'>%%£. '■<-%*£, X»~ uT" H -\i*^C^~ > 8$ t$2Pf?T, f?*B| 1 I y f;<£ J </?' 4< I > L H of farof sI«L
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      CPL long-term investors urged to reject offer
      388 3  -  By Lee Han Shih THE Gulf crisis may have slashed $32 million off the market value of the Centrepoint complex but shareholders of Centrepoint Properties Ltd (CPL) who hold "a long-term view" are advised to reject an offer for their shares. The recommendation
      388 words
    • Article
      Lock icon Hong Leong Industries expects boost from M'sian Pac
      191 3 Bernama WELL-DIVERSIFIED Hong Leong Industries Bhd is optimistic that group profits for the year ending June 30, 1991, would show a significant improvement over the previous year following its proposed acquisition of Malaysian Pacific Industries Bhd, said group managing director Lim How
      Bernama  -  191 words
    • Article
      Keppel invests in Philippine financial firm
      442 3  -  By Magdalene Ng KEPPEL Corporation is making further inroads into the financial services industry in the Philippines through the acquisition of a 40 per cent stake in merchant bank IVI Securities Inc for about $1 million. Keppel's other financial interest in the Philippines is
      442 words
    • Article
      Sim Kee Boon discharged from hospital
      112 3 SIM KEE BOON, executive chairman of the Keppel group, was discharged from hospital yesterday, according to a Keppel spokeswoman. The 61-year-old Mr Sim was admitted to the Singapore General Hospital on Nov 6 for an abdominal operation, following a routine annual medical examination, Keppel
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    • Article, Illustration
      Mandarin Resources scores court victory over three
      384 3 LONGSTANDING litigation involving some Singapore and Hongkong companies once controlled by fugitive businessman Ho Hua Min saw some breakthrough recently. The South China Morning Post on Monday reported that Hongkong-listed Mandarin Resources has finally succeeded in its long-disputed claim against three companies which
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    • Article
      Horiguchi forms joint venture with Japanese firm
      269 3 SESDAQ-LISTED Horiguchi Engineering has formed a joint venture with a Japanese company. The move will further strengthen its base in the oil and gas industry. The latest agreement, with Kyodo NC Kakou Centre, comes barely three weeks after Horiguchi made a similar venture
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    • Article
      Lock icon UAC starts to tap regional markets
      220 3 Bernama BUILDING materials manufacturer UAC Berhad has made a small start in exporting its products to regional markets but says it will take some time to build up an extensive export base. Chairman Raja Tan Sri Muhammad Alias Bin Raja Muhammad Ali said after
      Bernama  -  220 words
    • COMPANY BRIEFS
      • Article
        Accrued interest for HPL bond holders
        102 3 SHAREHOLDERS of Hotel Properties have, at an EGM on Monday, approved a special resolution to allow the company to pay accrued interest on an ex-gratia basis to holders of its 4 per cent bond due 1993 on certain conditions. The shareholders also sanctioned a
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      • Article
        Kimara makes debut
        55 3 KIMARA Securities Berhad will make its debut on the Kuala Lumpur Stock Exchange on Thursday, the KLSE said yesterday. It added in a statement that Kimara's entire issued and paid-up share capital of 31.1 million shares of M$ 1 each will be listed and quoted under the
        55 words
      • Article
        From agricultural to resort
        67 3 KECK SENG (Malaysia) Berhad says it has obtained approval from the Johor government for the conversion of part of its agricultural land, known as Sungei Tukong estate, for development into a prestigious country resort. IT»e development of the resort on approximately 800 hectares of land adjacent
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      • Article
        DOE Plastics
        81 3 C I HOLDINGS Berhad's wholly-owned subsidiary, DOE Industries Sdn Bhd, has entered into an agreement to dispose of its entire 51 per cent interest comprising 226,950 ordinary shares of Msl each in DOE Plastics and Engineering Sdn Bhd for M 5300,000 cash. In a statement yesterday, C I
        81 words
      • Article
        Southern Bank's rights issues
        105 3 SOUTHERN BANK Berhad will not proceed with its proposed rights issue of M$ 175.35 million nominal value of four percent irredeemable convertible loan stocks, chairman Tan Sri Osman S Cassim said yesterday. He said in a statement that this was in view of the prevailing market
        105 words
      • Article
        Semiconductor plant in Ipoh
        64 3 MALAYSIAN Pacific Industries Bhd expects its new Ms4o million semiconductor plant project in Ipoh to come on stream towards the end of next year, group managing director Kwek Leng San said yesterday. The semiconductor plant would be operated by a company called Carsem Semiconductor Sdn Bhd
        64 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      132 3 Fasg-T(*on Saratoga Yeaning Sale Classic lines Impeccable breeding. Owned by a few. As finely Koned as a champion mount. That's the spirit of Saratoga. I CONCORD. CONCORO SARATOGA® 18K GOLD WTH DIAMONDS REF 51 7*237 A 124 30/01S AUTHORISED DEALERS Asia Watch IParkway Paradei Chew Cheong Wale* Centra iShaw Centre
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Nippon Steel plans to diversify in Malaysia
        73 4 NIPPON STEEL CORP of Japan, the world's top steel producer, plans to expand into non-steel businesses in Malaysia in view of the country's strong economic growth. It was considering chemicals, construction and civil engineering and marine construction, executive vice-president Kensuke Koga said after
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      • Article
        Ten new listings for Shenzhen
        80 4 TEN NEW COMPANIES will be listed on the Shenzhen Stock Exchange in Guangdong by the end of this year. The China News Service (CNS) said on Monday that the listings were being made to meet growing demand, but gave no further details on the firms.
        80 words
      • Article
        Itoman's profits down 52.6pc
        72 4 TROUBLED Japanese trading company Itoman and Co Ltd has announced that its net profit plunged 52.6 per cent from a year earlier to 1.5 billion yen (US$ll million) in the six months to September. The company, a diversified Osakabased textile trader closely affiliated with Sumitomo Bank
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      • Article
        Japan Golf Systems renews bid
        75 4 JAPAN GOLF SYSTEMS has renewed a previously failed bid to buy one of New Zealand's most popular golf courses, the Office of Crown Lands confirmed in Wellington yesterday. The company is trying to buy the 146-hectare Wairakei golf course, 400 km north of Wellington, from
        75 words
    • Article
      Lock icon Court orders govt to release San Miguel stock
      315 4 AFP A PHILIPPINE court has ordered the government to relinquish its hold on shares in San Miguel Corp and other firms once held by a crony of the late ruler Ferdinand Marcos, officials said yesterday. The ruling caused a stir in corporate
      AFP  -  315 words
    • Article
      Lock icon Bond subsidiary investors seek liquidator
      269 4 AP BOND CORP Holdings' struggle to stay afloat has suffered another jolt with investors in subsidiary J N Taylor Holdings seeking to have a provisional liquidator appointed for the company. The application was made on Monday in the Supreme Court in South Australia state by
      AP  -  269 words
    • Article, Illustration
      Lock icon Taiwanese may move project out of Philippines
      305 4 AFP TAIPEI investors may move a major petrochemical project in the Philippines to Malaysia or China, due to endless wrangling over the venture, an official of the Taiwan Chamber of Commerce in Manila said yesterday. Mr Su Pai Chiu said the investors were
      AFP  -  305 words
    • Article
      Lock icon HK-Guangzhou super-highway loan oversubscribed
      210 4 Reuter THE US$BOO million loan to finance a super-highway linking the Chinese city of Guangzhou with Hongkong has been oversubscribed, banking sources said. The 12-year loan carries an interest rate of Libor plus 150 basis points in the first phase and Libor plus 137.5 basis points
      Reuter  -  210 words
    • Article
      INTERNATIONAL COMPANY NEWS
      3 5
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    • Article
      Lock icon Creditors are supportive, says News Corp
      474 5 Reuter ZNEWS CORP, seeking new terms for some US$6.5 billion in bank debts, said creditor banks had so far shown support for its restructuring plan and an agreement could be in place by year's end. "The meetings have been very supportive," News Corp chief
      Reuter  -  474 words
    • Article
      Lock icon Philips expects net loss of 4 billion guilders
      210 5 Reuter NV PHILIPS Gloeilampenfabrieken said it expects to make a net loss in 1990 of about four billion guilders, double its previously forecast loss of two billion guilders. The troubled Dutch electronics concern said it was making an extra cost provision of
      Reuter  -  210 words
    • Article
      Lock icon BASF earnings fall a sharp 27.7pc
      278 5 Reuter BASF AG said a strong mark and the near doubling of oil prices in the third quarter accounted for a sharp fall in 1990 first-nine-month earnings. BASF reported on Monday group pre-tax profits after nine months plunged 27.7 per cent to 2.34 billion
      Reuter  -  278 words
    • Article, Illustration
      Lock icon Du Pont expects higher income this year
      274 5 Reuter DU PONT Co chairman Edgar Woolard said odds are pretty good the company would record 1990 net income better than 1989 income of US$3.5O a share. "The odds are pretty good that we will have the fifth consecutive year of earnings growth,"
      Reuter  -  274 words
    • COMPANY BRIEFS
      • Article
        CBS forecasts fourth quarter loss
        68 5 CBS Inc expects to report a loss from continuing operations for its 1990 fourth quarter and sees a decline in its net earnings for the 1991 year. In last year's fourth quarter CBS earned US$6O.l million. The company based its projection on lower earnings at
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      • Article
        Mercedes plans sale to Ikarus
        74 5 MERCEDES-BENZ AG, the automotive unit of DaimlerBenz AG, said it is considering delivering between 8,000 and 10,000 engines to Hungarian bus producer Ikarus. But in Budapest Miklos Virag, a Hungarian government liquidation commissioner overseeing Ikarus's affairs, said no agreement with Mercedes could be signed pending
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      • Article
        Ferruzzi calls meetings
        86 5 THE three main holding companies of the Ferruzzi group have called board meetings for tomorrow. The companies are the Ferruzzi family firm, Serafino Ferruzzi SRL, Ferruzzi Finanziaria SpA and Ferruzzi Agricola Finanziaria SpA. The group said in a statement that the agenda for the meetings would be
        86 words
      • Article
        Union ratifies Chrysler accord
        47 5 THE United Auto Workers said employees it represents at Chrysler Corp ratified a new three-year contract with the automaker. UAW said 89 per cent of the voting membership voted for the contract, which covers 60,000 hourly workers and 6,000 salaried employees of Chrysler.
        47 words
      • Article
        ENI forms joint venture
        74 5 THE Italian energy group, Ente Nazionale Idrocarburi (ENI) has formed a joint venture with France's Schlumberger Industries SA called Utenti Gas e Acqua SpA for the maintenance and security of gas heating units and the production of hot water for domestic use. The Eni Italgas subsidiary
        74 words
      • Article
        BMW expects flat sales
        83 5 SALES THIS YEAR at luxury car maker Bayerische Motorcn Werke AG will probably only rise to 27 billion marks from 26.52 billion in 1989 due to lower production of current car models, the management board chairman said in a newspaper interview. Eberhard von Kuenheim told the
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      273 4 The World's First Hi-Fi System with Artificial Intelligence. I 'Jg&gli-' v \l F:t I M-848CD Mk j he Kenwood At (Artificial Intelligence) System is a direct result of careful market research. Most people listen to music as a form of relaxation. AI was designed with precisely that in mind, to
      273 words
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      Page 4 Advertisements Column 2
      63 4 1 19 rj mA S MjVr Spebobs m fine Gapcts -i Pj| Sunday, November 25,1990. jo Hilton International, g|p| 100 Hand-knotted Persian, Village, Tribal and Workshop pieces. SfipS All lots are guaranteed and backed by ,<X» r a trade in value at our showroom. Auctioneers: Cheong Koon Seng (CKS) Sftl
      63 words
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  • Page 5 Advertisements
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      101 5 Centrally Known to the Thong the No one offers better because we really No has been customers our exclusive Rolex collection. With- in the collection, there are various models ot i -J^Cjß^PLr-^igulj' different styles and designs to all tastes. i Ml i *<*~TT -<- We intend to make every visit
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Milken's fate to be decided today
        63 6 THE FATE of legendary financier Michael Milken whose risky junk bonds changed the face of corporate America will be decided today, capping the longest probe of insider trading in Wall Street's history. The sentencing will be closely watched as one of the highest flying
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      • Article
        Kleinwort sets up M'sian office
        72 6 BRITISH merchant banker Kleinwort Benson Ltd, a unit of the Kleinwort Benson Group pic has set up a representative office in Malaysia to concentrate on project finance. "We believe the continuing flow of foreign direct investment, together with the government's commitment to encouraging private sector
        72 words
      • Article
        Increased credit restraint in US
        105 6 A SURVEY of lending practices at banks in Federal Reserve districts across the United States found increased credit restraint during October because of the deteriorating economy. "As in past surveys, the pullback was least evident in consumer and home mortgage lending and was clearest in
        105 words
      • Article
        Prudential to sell off network
        83 6 PRUDENTIAL Corporation, Britain's biggest life insurance company, has decided to sell off its loss-making chain of 560 estate agencies which it set up three years ago when the housing boom was at its height. Mick Newmarch, the company's chief executive, said "estate agency is not
        83 words
    • Article, Illustration
      Lock icon Greater intervention from Bank Negara expected
      513 6 Reuter BANK NEGARA is to step up its intervention in Malaysia's foreign exchange market in the coming weeks to keep the ringgit below the M 52.70 level against the US dollar, say dealers in Kuala Lumpur. They said yesterday that year-end commercial demand for
      Reuter  -  513 words
    • Article
      Lock icon Provisions fail to dent Deutsche results
      333 6 Reuter DEUTSCHE BANK AG's group partial operating profit has continued to grow at a double-digit rate in the second half of this year in spite of 300 million marks in provisions to cover losses in the value of the bank's share and bond holdings,
      Reuter  -  333 words
    • Article
      Lock icon Bankers support G-10's positive report on netting
      282 6 Reuter INTERNATIONAL bankers have welcomed a report by the G-10 central banks on netting as a positive step in the setting up of cross-border and multi-currency netting. "We support netting and are glad to see there has been an official statement on the
      Reuter  -  282 words
    • Article
      Lock icon Tough times for US securities trade
      254 6 Reuter THE United States securities industry is entering its fourth year of contraction, but is paring costs beyond those associated with the nearly 50,000 layoffs since the October 1987 market crash, according to the Securities Industry Association trade group. The industry's first-half 1990 profit
      Reuter  -  254 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      86 6 SWhy Buy?? Pioneer 1 Disc. Philip VHS Video Recorder Player Model CLD 1581 w cmotc Control. Philip 21" Nicam Colour TV. a When you can get these FREE* a B|L (with hamper orders) BELVEDERE! ylcf now for yours... RF.I V^TIF-BF ICJ Tel: 747 8611 (38 Lines) Thoughts That Last Forever
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  • Page 6 Miscellaneous
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  • Page 7 Advertisements
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      415 7 Esso Challenge Makes A Splash '»s*-. 15 f >■■■■■? '4 v^llaN' 'r *m>* > irf(||<Hr-'v V wm jrp I:. y^J^' r V".'~"; The christening of the Esso project will advance the Challenge, a modern and sop- company's globalisation prohisticated bunkering vessel, -*3BS gramme to modernise its fleet marks yet another
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  • THE REGION
    • NOTE BOOK
      • Article
        M'sian exporters urged to try new markets
        71 8 MALAYSIAN Deputy Prime Minister Ghafar Baba said yesterday that local exporters should expand their scope to cover non-traditional markets of Malaysian goods. He said that most of the country's products had so far only been exported to several countries with which Malaysia had
        71 words
      • Article
        Powerful bombs defused
        72 8 THREE powerful bombs made out of more than 120 sticks of dynamite were defused at an oil depot near the Philippine presidential palace yesterday. Police and company officials in Manila said the discovery of the explosives at the Shell depot in the heart of the capital came
        72 words
      • Article
        Aids explosion likely
        74 8 LESS than one per cent of all currently identified Aids cases are in Asia and the Pacific, but the region can expect a dramatic increase over the next few years, according to a United Nations report. "There can be little doubt that the number of cases in
        74 words
      • Article
        Typhoon damages crops
        48 8 MORE than 68,000 hectares of farmland were devastated in the Philippines by last week's killer typhoon Mike. The agriculture department in Manila said yesterday that crop, Fishery and livestock losses tallied so far amounted to US$lB million. Rice accounted for the bulk of crop losses.
        48 words
      • Article
        Wool on credit
        48 8 IN AN effort to sell more of its stockpiled wool, Australia is to offer the Soviet Union US$3Bl million of credit for commodity purchases. The offer is subject to Moscow repaying a US$64 million debt owing to Australian wool exporters for wool bought before March.
        48 words
    • Article
      Lock icon How Vietnam can get more economic aid: Suharto
      437 8 AP INDONESIAN President Suharto told Vietnamese leaders yesterday that Vietnam would receive greater economic cooperation from South-east Asian countries once the Cambodian conflict is settled, the Vietnam News Agency said. Mr Suharto is the first South-east Asian leader to visit the country
      AP  -  437 words
    • Article
      Thailand to tap more power from Laos
      204 8 THAILAND will tap more hydro-electric power from Laos to help boost the hardcurrency needs of its Indochinese neighbour. According to The Bangkok Post, the agreement was signed in Vientiane over the weekend between Thai Foreign Minister Subin Pinkayan and Laotian Foreign Minister Phoune
      204 words
    • Article, Illustration
      Lock icon Inflation could be under 6pc, says Keating
      254 8 Reuter AUSTRALIAN Treasurer Paul Keating said inflation for 1990/91 fiscal year ending June 30 could be below 6 per cent following the wage/tax agreement with unions. Asked by reporters whether the annual inflation rate could be lower than the Budget forecast, Mr Keating
      Reuter  -  254 words
    • Article
      Lock icon The Hongkong dilemma: how should one deal with China?
      579 8 Attitudes range from co-operation to confrontation AP PHILIP KWOK was a boy when the Chinese Communists broke their promise 40 years ago and seized his family's industrial empire in Shanghai. Now he's a leading businessman in Hongkong and has founded a
      AP  -  579 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      265 8 +»-r r The perfect resort opportunity for anoffshore investor. Coffs Harbour is a 40 minute jet flight north of The championship golf course which, when Sydney. It's also one of Australia's fastest growing completed, will rank amongst the country's finest, was tourist areas, both domestically and internationally. designed by Australia's
      265 words
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  • THE WORLD
    • Article
      Lock icon US$10b monthly inflow to US likely to cease
      366 9 Need for money should decline as exports rise AP AMERICANS will no longer get the US$lO billion a month that has been coming from Japan, Germany and other countries but the need •for foreign money should decline as US exports rise and
      AP  -  366 words
    • Article
      Lock icon EC agrees on VAT compromise plan
      213 9 AFP EUROPEAN Community finance ministers have agreed on a compromise on how to implement value added tax policies once trade frontiers come down in the EC in 1993. But four countries, including Britain, expressed various reservations that could be raised at the next ministerial
      AFP  -  213 words
    • WORLD WATCH
      • Article
        Russia, Ukraine sign trade pact
        58 9 THE Soviet Union's two most populous republics signed their own trade pact on Monday. Russian republic President Boris N Yeltsin and Ukrainian President Leonid Kravchuk signed a 10-year agreement recognising each other's autonomy from the Kremlin. They also promised to develop direct UkrainianRussian ties in
        58 words
      • Article
        Bid to salvage Gatt trade talks
        76 9 TOP US and EC officials held a hastily-scheduled meeting in Brussels on Monday to narrow the gap on farm subsidies and rescue world trade talks from collapse. The talks between US Agriculture Secretary Clayton Yeutter and Ray MacSharry, the European Community Agriculture Commissioner, were
        76 words
      • Article
        EC jobless rate unchanged
        66 9 UNEMPLOYMENT in the European Community (EC) was unchanged at 8.3 per cent in September for the sixth consecutive month, Eurostat, the EC's statistical service, said in Luxembourg on Monday. This seasonally-corrected rate continues the falling trend of unemployment since 1985, when the average rate for the
        66 words
      • Article
        Seoul-Tokyo ministerial talks
        64 9 A MAMMOTH joint South Korea-Japan ministerial conference will be held in Seoul next week to explore how the partnership will fare in the future. The ministerial conference will discuss "follow-up actions in establishing ties in a futureoriented partnership", a South Korean Foreign Ministry statement said. Reviving the
        64 words
    • Article, Illustration
      Lock icon Let's abandon totalitarianism: Gorbachev
      412 9 AP SOVIET PRESIDENT Mikhail S Gorbachev on Monday urged a new world order in which his country would abandon totalitarianism for democracy and discard separatist passions and nationalism. In sketching his grand vision for Europe and the world at the 34-nation Conference on Security and Cooperation
      AP  -  412 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      34 9 I I PROPERTY MANAGEMENT k ft INVESTOR SERVICES LTD I Personalised Property Investment I and Management Service. I P.O. Box 12-254, V Christchurch, N.Z. I Telephone (64) 3 *****39 k Fax (64) 3 *****39
      34 words
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      Page 9 Advertisements Column 2
      325 9 ADVERTISEMENT MONEY Market takes a dive in nerv o, li S t r BANK RATES 1 I STOCKS d 1 e COMPANIES 4 TOKYO 9 I 9l 2 V 9 t«t FUTURES AND OPTIONS COMMODITIES 4 9 k |6 5 2 t i 7 5 2 786 2 0 9
      325 words
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  • FOCUS
    • IN BRIEF
      • Article
        Economic activity indicator continues to fall
        79 10 THE COMPOSITE leading index, which indicates economic activity three quarters ahead, continued to decline for the second consecutive quarter. This suggests a slowdown or decline may begin around the middle of 1991. Four of the eight component indicators stock prices, company formation, wholesale prices,
        79 words
      • Article
        Growth in external demand falls to 7.7pc
        89 10 GROWTH IN external demand, the major source of economic growth, dipped in the third quarter to 7.7 per cent, from 8.9 per cent in the previous quarter. Exports of major items such as disk drives, computer peripherals and mineral fuels were slower. The
        89 words
      • Article, Illustration
        Commerce sector adds most jobs...
        93 10 THERE WAS a net increase of 13,600 jobs in the third quarter, lower than the 18,900 jump in the same period a year ago. But included in the latter figure was an unknown number of once-illeeal foreicn workers re- turning on legal work permits. With
        93 words
      • Article
        .. but shows lowest productivity
        73 10 but shows lowest productivity AND LARGELY BECAUSE of the large rise in employment, the commerce sector recorded a 2.2 per cent dip in productivity in the third quarter (compared with zero growth in the second). Three major sectors financial and business services, manufacturing and construction enjoyed higher productivity in the
        73 words
      • Article
        Unit business cost rises
        55 10 THE COMPONENTS that go into the unit business cost (ÜBC) index labour cost, service charges, government indirect taxes, and fees rose in the third quarter. All in, the ÜBC went up by 7.6 per cent in the third quarter, marginally lower than the 8 per cent
        55 words
      • Article
        Private consumption costs up too
        90 10 INFLATION is expected to hit 4 per cent in the fourth quarter, bringing the year-round rate to 3.6 per cent or 3.7 per cent. With the impact of the Gulf crisis on prices yet to be fully felt, the 3 per cent third quarter growth
        90 words
      • Article
        Domestic supply price index up
        39 10 DEARER CRUDE OIL, fuel oil, gasket and joint metals, and high speed diesel fuel, accounted for the 3.2 per cent jump in the domestic supply price index, an indicator of wholesale or producer prices.
        39 words
    • Article, Illustration
      Sentiment at its lowest since '85
      575 10  -  Kenneth James and Anna Teo report on the third quarter economic survey Kenneth James,Anna Teo INDUSTRIALISTS and businessmen surveyed about general business conditions in the six months from October to March 1991 have turned in the least positive sentiments since the 1985 recession. Only
      575 words
    • Article
      New and planned investments reveal longer-term confidence
      371 10 Despite worries about the economic conditions ahead, new and intended investments seem to demonstrate a longer-term confidence in the Singapore economy. Manufacturing investment commitments were higher in the third quarter than in the second, with three quarters of firms surveyed planning to invest
      371 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      633 10 Hongkongßank The Hongkong and Shanghai Banking Corporation Limited Incorporated in Hong Kong with limited liability Consolidated Balance Sheet at 31 December 1989 1988 Note 1989 19X9 19X9 1988 Note 1989 19X9 1989 HKSm HKsm £m USsm HKsm HKsm £m USsm LIABILITIES ASSETS 26.734 Hong Kong currency notes in circulation X
      633 words
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      80 11 Ay^FT"Ng\ PL* «Y|\ m v V V 7 SI 53 I/Sti V s i //'rl js., Vco I I' <^Bgg^ll |C oftWWJfe/; i —*t\\A ———"n rtW u ra {\Y* Wyno Marine I proud builder of the ESSO 1 SPLEN DOLUR I Designed by KENTON ••1 iKfe Marine Consultants, Designers Surveyors
      80 words
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  • Article
    That unfinished revolution
    467 12 EDITORIAL YESTERDAY 372 members of parliament of British Prime Minister Mrs Margaret Thatcher's Conservative Party cast votes in the first round of balloting to determine whether she can continue as leader of the Conservative Party and in effect as prime minister. Mrs Thatcher's rival candidate to the
    467 words
  • WHAT THE OTHERS SAY
    • Article
      Basis for later learning
      249 12 LAST WEEK, Education Minister Tony Tan announced some proposed changes to the primary school course which amount to an action plan to tackle the bilingual dilemma and provide a better learning environment. Some parents may wonder if age five is too early to begin; many will
      249 words
    • Article
      Cold War: The epilogue
      113 12 THE COLD War may be over, but there are still many unsettled matters. The Gulf crisis, for instance. Can the world act in concert to face the threat of stability? Or should the US serve as "global police" for the time being, until a formal multilateral
      113 words
    • Article
      Streaming by language
      134 12 IT HAS been proposed that pre-primary pupils who speak their mother tongue at home be put in En-glish-speaking classes, while those who speak English at home get more exposure in their mother tongue. A survey has found that the majority of Chinese pupils speak Mandarin at home.
      134 words
  • REGIONAL VIEWPOINTS
    • Article
      No hasty decisions, please
      145 12 THIS month's ratification of the Thai-Lao agreement on investment protection is a significant step forward in the arduous task of strengthening bilateral relations between the two countries. Foreign Minister Subin Pinkayan's visit to Vietiane will mark another major development. Classified by the UN as a "least-developed"
      145 words
    • Article
      Welcome news
      150 12 THE ABROGATION of the controversial, pressgagging National Administrative Reform Council Announcement No 42, or Decree 42 in short is welcome news for Thailand's print media. For a long time newspapers in this country had been subject to the whims of the powers-that-be in various government, political and military
      150 words
    • Article
      Act against protectionism
      177 12 EUROPEAN FARMERS are seemingly holding the world to ransom with their scythes. With the deadline for bargaining under the Uruguay Round of multilateral trade negotiations fast approaching, agreement on key market-opening efforts to bring about world trade reform is being held hostage by the European Community's intransigence
      177 words
  • Article, Illustration
    Lock icon Hello to the brave new world
    913 12  -  Paul Abrahams analyses the British government's initiative to make the UK telecommunications industry the world's most liberal Paul Abrahams FT AS Sir Geoffrey Howe was unleashing his attack on Mrs Thatcher in the House of Commons, a smaller though for the consumer more substantial
    FT  -  913 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      57 12 DOONESBURY BY GARRY TRUDEAU THINK THE HE ALXEAPY "WHY WE ARE HERE." THEY PR/NTEPUH.■ H BUSHMAN'S hfle.PtPN'T UUHfiJ fTMSTS BUSH'S KEY 250.000 COPES YEAH BEUEVE IN THB H eCNNATELL YOU GET YOUR ML- POSITIONS. THEY OF GEORGE W I HRST ONE, BUT THEM GOOP, USUHYUJE'RE UJAUET IST MAPE UP BUSH'S
      57 words
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  • ANALYSIS
    • Article
      Lock icon When the lid is lifted on frustration and aggression
      690 13  -  Has unity brought more violence for the new Germany? David Goodhart reports David Goodhart FT AN almost fatal attack on a leading politician, a wave of football hooliganism claiming at least one life, and now the worst riots in Berlin for
      FT  -  690 words
    • Article, Illustration
      Doom and gloom in the job market
      1449 13  -  Unemployment in Australia has reached a three-year high. Some 10,300 jobs were lost in October lifting the unemployment rate to 7.6 per cent. Many more jobs will be lost between now and the end of the year, and some economists believe it is
      1,449 words
    • Article
      Lock icon Japan comes under critical scrutiny in the Chinese press
      528 13 Raking up the past to rally pro-government support NYT PERHAPS getting tired of criticising the United States alone, China's official press has found a new target: Japan. The flurry of critical articles may reflect the Chinese government's desire to rally nationalist
      NYT  -  528 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      448 13 PRIME INDUSTRIAL PROPERTY iron GAT vr 100E PASIR PANJANG ROAD AAA LOCATION I MINUTES TO THE WORLD'S BUSIEST PORT I Strategically located within Quick Access to the wharf "Singapore Distribelt" Site/Building Details Situated between Getz 3/Part 4 storey industrial Corporation building and building Boustead Marketing With 8 individual Strata Titles
      448 words
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  • THE LAW PAGE
    • Article, Illustration
      Performing Rights Society casts its royalties net wide
      543 14  -  SBC and SIA are among some of the organisations negotiating with the Performing Rights Society over royalty payments. David Gabriel reports. David Gabriel THE Performing Rights Society is currently engaged in negotiations with several large companies and organisations in Singapore over the
      543 words
    • Article
      Car hire firm waived driver's negligence liability
      462 14 CASE. Sim Jwee Kiat v City Car Rentals Tours Pte Ltd The Court of Appeal in Singapore: Justices Lai Kew Chai, F A Chua and A P Rajah. WHEN a person rents a car, meets with an accident due to personal negligence, can
      462 words
    • Article
      Play the right tune or face the music
      804 14  -  The playing of music in public has been taken for granted in Singapore. It is everywhere. It appears that many do not realise the playing of music in public requires a Jicence from the Performing Rights Society, so that royalties may be
      804 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      237 14 gj —j H8 m NEIL ROAD (A j T" 5 some of the intimate, yet WesL Privatefunction rooms functional features of the are also available, ideal for offices. special gatherings, dinner And at the heart of it all, parties or corporate meetings lies Emrnerson's Tiffin Rooms. now the perfect setting
      237 words
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      Page 14 Advertisements Column 2
      8 14 EDITION ROLF RODENSTOCK. t vl/ 'j wVV v*&
      8 words
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  • SPORTS
    • Article, Illustration
      Lock icon Aces have age on their side
      415 15 AP WITH THE ACCENT on power and youth, there's a rush towards the No. 1 spot in women's tennis. Monica Seles is the latest to make a strong bid, capped by her victory last Sunday in the season-ending, 16-player Virginia Slims championships. By winning
      AP  -  415 words
    • Article, Illustration
      Lock icon I'm glad I was caught, says Ben Johnson
      345 15 AP IN SPITE OF what it cost him in fame and fortune, Ben Johnson says he's gtad he tested positive for steroids following his 100 m victory in the 1988 Olympics and hopes for a return to greatness. "Whatever I lost doesn't
      AP  -  345 words
    • SIDE LINES
      • Article
        Holyfield hits out at WBC threat
        109 15 UNDISPUTED world heavyweight champion Evander Holyfield claims that the World Boxing Council's threat to take away his title is an attempt to penalise him for beating James "Buster" Douglas last month. "It is wrong for anybody to lose the title outside the ring," Holyfield
        109 words
      • Article
        Banned long jumper may return
        93 15 LARRY MYRICKS, the Olympic long jump bronze medallist serving a life-ban for drug-taking, could be competing in his native US before long. The governing body in American athletics, TAC, is set to allow him back into competition and to support his appeal to the International
        93 words
      • Article
        Moorhouse to lead UK team
        61 15 OLYMPIC 100 m champion Adrian Moorhouse will head one of the smallest teams Britain's swimming selectors have ever chosen for the world championships in Australia at the start of next year. He and breaststroke rivals James Parrack, the world IOOm No. 3, and Nick Gillingham,
        61 words
      • Article
        Injured skier hopeful
        86 15 THE TOP French women's skier of the last two years, Carole Merle, has announced that she hopes a twisted knee will not delay the start of her racing season. In a telephone interview from Barcelonnette in southern France on Monday, Merle said that she tumbled during practice
        86 words
    • Article
      Lock icon Irish eyes on unique double in World Cup
      372 15 Agencies DAVID FEHERTY has his sights set on a unique double in the World Cup of Golf which starts on the lavish Grand Cypress resort in Orlando today. He teams up with Ronan RafTerty in a formidable Irish team that is bound
      Agencies  -  372 words
  • Page 15 Advertisements
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      252 16 WHERE TO WINE. DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Didn't I see you at Scandals? Kvery Thursday: Indies Night. Every Night: Ihe place lo see and be wen. Scandals, Singapore's most sophisticated club and meeting place. For details on rtiembership, tall 330 8310
      252 words
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      Page 16 Advertisements Column 2
      288 16 A SRUttING FORMATION appears TONIGHT ABOVE scotishhd tin i »«ap«far With its spectacular glass frontage. the < jnop> liai lis the ideal place to see the stars It's also\Singaporc's newest and most exclusive rendezvous. The Canopy Bar. upstairs at the Hyatt A blend of two distinct tastes from the best
      288 words
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      Page 16 Advertisements Column 3
      310 16 Seafood Theatre Restaurant Cantonese-Th* CuWne <j*?i MAKE NO BONES ABOUT IT. JfrP OH! XT MCNUS Att VAIU[-fO*-*AQNfY v' o ,r. vv% ;^N 4 A rare treat indeed! Exotic Cantonese-Thai cuisine served to you at the most affordable prices. In a variety of set menus for 2-10 persons. For as little
      310 words
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      Page 16 Advertisements Column 4
      360 16 (i V Oui! The best of French online in one sitting. Pates, terrines, escargots, canard a l'Orange, souffles and J over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm
      360 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      761 16 TELEVISION AND RADIO 11l 111 l I 11l 111 r -ft m** j.»l»llJ«M">PlH 1 11 tatfl.'MlßMMdtl.MU "•"W'Pli .■»«»■»———MM—W»dia^«»«aW»«»a»W——W««——»l— l» I m 1 I pn ,T ~,UU miT BCI2 7.00 i:S Kr""" 1 business ON RAHO, t spy witn my eye... ?s«r~ •J m/ m/ Great Encounter (See Our 7.50 Magaaai
      761 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Art dealers back in the picture
      929 17  -  In the past few years, sellers often passed over dealers in favour of the more visible and glamorous world of the auction houses, which attracted more people and higher prices. But now many art owners and collectors have begun going back to dealers as
      NYT  -  929 words
    • Article, Illustration
      Nancy recommends 'an honest book'
      436 17 CHATTERBOX FOR ITS December issue, the American Spectator asked a number of prominent Americans Tom Wolfe, Florence King, Robert Coles, Jesse Helms, Richard Nixon, T Boone Pickens, Irving Kristot among them to name the books they thought most appropriate for holiday gifts. Although many of
      436 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      257 17 AND ENTEBTAIN '4** FROM 5 23 NOVEMBER 1990 yu/Atria/v STooi/STe^oal d^rill 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 Kxt 1582/1597. Businessman's Luncheon: 12 noon to 2.30 pm (Mon Fri). Dinner:
      257 words
    • Advertisement
      Page 17 Advertisements Column 2
      207 17 I Keppel Finance Limited I (Incorporate in the Republic of Singapore) H I ANNOUNCEMENT I I MERGER WITH ASIA COMMERCIAL FINANCE LIMITED I I ("Merger") BY WAY OF A SCHEME OF ARRANGEMENT AND I AMALGAMATION UNDER SECTIONS 210 AND 212 OF THE COMPANIES ACT (CAP. 50) ("Scheme") I The Directors
      207 words
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      Page 17 Advertisements Column 3
      149 17 m rr AS-YOU-WANT-SUSHI $48 Sushi Counter, Daily, All November 1990 1200 to 1430 hours NISHIKI RESTAURANT MARINA BAY GOLF AND COUNTRY CLUB 6 MARINA GREEN SINGAPORE 0101 TEL: *****11 and 1 K\/llmrl Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Fine Russian/ Continental Cuisine Set Lunch/Dinner/ A la carte served daily.
      149 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market edges up in lacklustre trading
      4521 18  -  By Diana Oon SELECTIVE buying and bargain-hunt-ing pushed the stock market to a slightly firmer close yesterday. The Straits Times Industrials Index of 30 Singapore blue chips finished firmer at 1,126.98, up 4.23 points. The all-weighted BT-MGA index showed a marginal decline of 0.32
      4,521 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4072 19 Main Board DBS Foreign 995 40 +4.2% NatSteel 690 +25 +3.8% GE Life 1300 +20 +1.6% H Negara 400 +10 2 6% HongFok 143 +10 +7 5% Semb Shipyard 430 +8 +1.9% EMS 50" 65Vi +7M» +12.9% SNP 50« 500 170 7 4 3% OUB
    4,072 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      145 20 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Faber Merlin Nov 13 lun 90 MJ15.981L (S44 5401) M Glass Nov 9 Jul 90 MS7.434($9,030 29 9(36 3) 16TE(16TE) GK Goh Nov 5 Jun 90 $8.167(—) 4 1(—) 5(-) Hume
      145 words
    • Article
      PRELIMINARY RESULTS
      131 20 Company Data Year Croup pra-tax Net earnings Gross aim to profit/loss (L) per share dividend ('000) (cents) SPH Nov 9 Aug 90 1194.085(1135.420 54 8(38 8) 35h(25) Lingui Nov 8 Jun 90 MJ3.586L(J15 809l) EMS No* 6 Jul 90 J20.609UJ6.236) -(9 3a) 3TE(23TEa) New World Oev Nov 6
      131 words
    • Article
      DIVIDENDS ANNOUNCED
      729 20 Current Ex Books Oat* Total far Total tar payment date dose payaMe the year last year MS8 101(b) Jan 4 Jan 18 Jan 28 10% 12% Ant ah 6%(b) Nov 22 Dec 6 Dec 28 6% 6% Berjaya Corpn 6% Nov 7 Nov 21 Dec 14 12% 7
      729 words
    • Article
      INTERIM RESULTS
      219 20 INTERIM RESULTS Cwwpiay Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) Kinta KeHas Nov 17 Sep 90 M$7.085(S383L) GB Hldgs Nov 16 Sep 90 *4.541 ($7,876) 2 5TE(2 5TEa) Rothmans Maa Nov 15 Sep 90 M$136.734($118,201) 35(12.5) AMMB Nov 13 Sep 90 M$56,049($33,996) Summa Inv
      219 words
    • Article
      CORPORATE DEVELOPMENTS
      466 20 Nov 19 The Controller of Housing has turned down Hotel Properties' proposed sale of land behind Hilton Hotel to Japanese developer Kowa Real Estate (Singapore) Pte Ltd for $76m and a joint-venture plan to develop a luxurious condominium in Singapore. Imo-Pactfic group will restructure its operations to achieve
      466 words
    • Article
      RESULTS DUE
      725 20 Current Ex Beaks Date Tetel tor Tetel «er payment date cteaa payaMa fee year last year USB 101(b) Jan 4 Jan 18 lan 28 10% 12* Mali 61(b) Nov 22 Dec 6 Dec 28 61 61 Berjaya Corpn 6% Nov 7 Nov 21 Dec 14 121 771(a) Boutead
      725 words
    • Article
      APPROVED ISSUES
      389 20 Company Right* Issue Caw Five-tor tour MJ4 00 per share Fi-date Nov 23 Books dose Dec 7 Acceptance A Payment NYA Emtti One-tor-one MSI 00 per share Ex<tate Nov 5 Books dose Nov 19 Acceptance 4 Payment NYA MBakni One-tor two (a, MS5 00 per share Ex-date Oct
      389 words
    • Article
      BONDS, LOANS & WARRANTS
      675 20 BONDS, LOANS WARRANTS C— >t CMvarstoa pcrM Cwwrriw tann tor mm erdhwy star* CM HI Before 26/4/93 1 warrart plus $309cash Causeway Loan CaM—r Ml 2/10/89 to 20/10/94 1 warrant plus SI cash or 1 warrant plus $1 nominal amount ot Joan stock Quai ft? Nota dun ft? Wt March
      675 words
    • Article
      RECORD HIGHS & LOWS
      161 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hifh: 1435 43 (16/7/90) 1990 h«h: 1607.12 (27/3/90) 1990 tow: 981 07 (09/11/90) 1990 km: 1079.50 (11/10/90) 1989 *h: 1322.00 28/12/89) 19S 9 Mt 1487.76 (26/12/89) 1989 km 917.42 (4/1/89) 19S 9 km: 1030 69 (4/1/89) 1988 high: 1043 86
      161 words
    • Article
      PROPOSED ISSUES
      460 20 Company Rights lssu« Mean Onetor two <a MSI 00 per dure Issue o( 40m Cumulabve Redeemable Preference Shares of MJ010 each at MSI per share with 10m detachable TSR BoRon Ooetof tour <& MS2 00 per share Cauiewiy kw Threfrtor tour fe, SO 60 per share F AC8
      460 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      409 20 ft 1 ■SgL jB HIHKi H HM SBH^n GET THE GLOBAL NEWS THAT TOUCHES EVERY PART OF YOUR LIFE. Wherever life takes you your daily newspaper And when you're bound for travel, our travel section could only be the International Herald Tribune (IHT). will help you select new destinations. Our
      409 words
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      Page 20 Advertisements Column 2
      7 20 Advertising and Marketing in BT every Thursday
      7 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Gulf crisis continues to weigh on market
      3756 21 Investors sidelined in featureless trading Bernama SHARE PRICES closed slightly higher yesterday but off the morning's highs in featureless trading as investors remained sidelined after reports of Iraq beefing up its forces in Kuwait sent prices to a weaker close in Tokyo. The
      Bernama  -  3,756 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      73 21 io > Retirement PWn mm* fo» fOtm ><** This book describes a retirement plan, covering all aspects: mental attitude, finance, health, living arrangements, work-paid or voluntary and leisure. It offers you a bkiepnnt for the change of your life The secret is to prepare yourself lor it, and it is
      73 words
    • Advertisement
      Page 21 Advertisements Column 2
      422 21 ■11 December 1990 ALe Meridian Singapore 12 December 1990 A Hotel Borobudur Jakarta An Important One-Day Briefing by our 77m panelists are authoritative panel from the Indonesian AT L Y f Directorate General for Customs Excise as well Director Customs as from industry. Directowte General for Customs Excise I Republic
      422 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices fall as investors keep to the sidelines
      2232 22 Reuter TOKYO STOCKS closed lower yesterday in the thinnest trading since Aug 20. Tension in the Mideast Gulf, static futures prices and expectations of poor showings when a flood of corporate results is released later this week had investors crowding the sidelines.
      Reuter  -  2,232 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Nervous market slides lower in thin trading
      2322 22 Reuter GROWING JITTERS over the Gulf crisis kept investors sidelined and Hongkong's blue-chip Hang Seng index closed lower in thin trading. "We can't find any reason to do anything. The Mideast crisis is still hanging over us," a local broker said. The Hang
      Reuter  -  2,322 words
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  • REGIONAL STOCK MARKETS
    • Wage deal lifts Australian shares
      • Article
        AUSTRALIA
        830 23 AGREEMENT between Australia's top labour body and the federal government on a revised wage/tax deal yesterday led to an afternoon rally on the share market, which closed with the highest oneday gain in two weeks. Treasurer Paul Keating said the Australian Council of Trade Unions agreed to replace the
        830 words
      • Article
        NEW ZEALAND
        194 23 NEW ZEALAND shares closed firmer yesterday but off their highs for the day, as a morning rally fizzled out in mixed afternoon trade, brokers said. "It was a bit of a roller coaster market," said Dave Tetro of Ord Minnett. "It was well up in the morning but
        194 words
      • Article
        BANGKOK
        665 23 BANGKOK stocks closed lower yesterday after investors dumped shares in the last 10 minutes on rumours, later denied, that the government is calling a snap general election, brokers said. "The market was shaken by rumours that Prime Minister Chatichai Choonhavan had difficulties in reshuffling his cabinet as requested by
        665 words
      • Article
        MANILA
        453 23 PHILIPPINE shares rose for the second day in a row yesterday on the back of two blue chips which powered a broader market recovery, brokers said. The Manila Stock Exchange composite index closed up 25.67 points at 677.30. Overall turnover on the two bourses expanded to 1.8 billion shares
        453 words
      • Article
        SEOUL
        1027 23 SEOUL stocks yesterday plummeted to around the 660 level on the composite stock index before recovering in the late afternoon but still ended down on weak investor sentiment. The index dropped for the sixth straight day, down 5.79 points to 674.25, having lost more than 15 points earlier. Volume
        1,027 words
      • Article
        TAIPEI
        324 23 TAIWANESE stocks rocked back and forth in active trading before ending slightly higher, dealers said yesterday. After opening lower over renewed Gulf worries, buying by bargain-hunters in the latter session lifted the market. The weighted index finished 27.07 points higher at 4,277.95 compared with Monday's 4,250.88 close. Turnover was
        324 words
      • Article
        JAKARTA
        527 23 JAKARTA stock prices fell yesterday, with the composite index down 3.42 points at 391.79 but turnover jumped to 2.01 million shares from Monday's 795,750. Nickel company Inco was the most actively traded on the regular market with 178,500 shares changing hands. It closed 50 rupiah higher at 4,850 rupiah.
        527 words
      • Article
        BOMBAY
        45 23 TRADING on the Bombay Stock Exchange will resume today after being closed on Monday to enable brokers to complete pending settlements, exchange officials said. The market remained closed yesterday to fix carry-forward charges for the business done in the two weeks ending last Friday.
        45 words
      • Article
        Untitled
        433 23 Close Previous No* 20 SYDNEY All Ordinanes Index 1,365.5 1,348.0 +17.5 All Industrials Index 2055.1 2,025.7 +29.4 All Resources Index 831.1 822.4 +8.7 Turnover (million) 107.47 65.59 +41.88 BANGKOK SET Index 652.72 658.25 -5.53 Turnover (million) JAKARTA Composite Index 391.79 388.37 -3.42 Turnover (nearest '000) 2,010 796 +1,214 MANILA Composite
        433 words
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  • WORLD STOCK MARKETS
    • Dow firms despite pressure on bonds
      • Article, Illustration
        NEW YORK
        1060 24 THE New York stock market managed a gain on Monday even though bond prices came under pressure and the price of oil resumed its climb. The Dow Jones industrial average, which rose 61.64 points last week, rose 15.10 points to 2,565.35. "It was a pretty good day when
        1,060 words
      • Article
        ZURICH
        331 24 SWISS shares traded a touch easier at midsession in lacklustre trading yester- day. Activity was reduced to a minimum by uncertainties over the Gulf crisis as investors kept to the sidelines, dealers said. Investors expect a slower growth of corporate earnings in Switzerland mainly due to exchange rates and
        331 words
      • Article, Illustration
        LONDON
        756 24 SHARE PRICES closed higher on London's Stock Exchange on Monday but were pulled down from their best levels by news that Iraq will send another 250,000 troops into Kuwait. Traders said the news reduced gains made earlier on the back of a stock index futures rally. The Financial Times-Stock
        756 words
      • Article
        PARIS
        275 24 FRENCH share prices were firm at midsession yesterday but below their morning highs, in volume boosted by position-squaring before tomorrow's end of the monthly bourse account but nevertheless far from strong, dealers said. The CAC-40 index stood 4.37 points higher at 1,638.02, but was off a day's high of
        275 words
      • Article
        FRANKFURT
        255 24 GERMAN shares yesterday ended little changed from Monday's levels in thin pre-holiday trading, with most dealers confident prices would continue to rise moderately later in the week, unless negative news emerged from the Gulf. "Prices held well," one trader said. "We had actually expected them to slip after (Monday's)
        255 words
      • Article
        BRUSSELS
        191 24 BELGIAN shares rose an average one per cent in early trading yesterday in higher volume than usual as the market caught up with Monday's gains on other stock markets. Brokers said investors were bidding prices up at the start yesterday of the new forward market account despite conflicting signals
        191 words
      • Article
        AMSTERDAM
        438 24 DUTCH shares closed firmer on Monday in low volume, underpinned by higher prices on stock exchanges abroad and lower oil prices, dealers said. The CBS general tendency finished 1.4 points higher at 96.9. "We are just following Frankfurt and London," one dealer said, adding investors remained sidelined and sentiment
        438 words
      • Article
        TORONTO
        242 24 TORONTO stocks edged upwards in featureless narrow-range trading on Monday. Dealers said equities are still catching up with gains made by the bond market on Friday after the US Federal Reserve allowed interest rates to ease. Higher oil prices weighed share prices down slightly. The composite index climbed 5.30
        242 words
      • Article
        JOHANNESBURG
        349 24 LEADING Johannesburg shares rallied on Monday on modest buying interest, but trading remained thin, dealers said. The JSE All-Gold index closed a little higher at 1264 versus Friday's 1259 close, shrugging off the affects of weaker world bullion prices, while the industrial index rallied to 2749 from 2725 ad
        349 words
      • Article
        Untitled
        197 24 Nov 19 Cloac Prrrious NEW YORK Dow Jones 2,565.35 2,550.25 +15.10 NYSE Financial 116.75 116.54 +0.21 SAP 500 319.34 317.12 2.22 Turnover (million) 141 165.4 -24.4 LONDON Financial Times 30 1,648.0 1,614.8 +33.2 FTSE 100 2.095.0 2,067.1 +27.9 Turnover (million) 400.6 426.9 -26.3 AMSTERDAM CBS Tendency Index 96.9 95.5 +1.4
        197 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback up slightly against D-mark in European opening
      1275 25 FOREX MARKET REPORTS THE US DOLLAR was quoted above Monday's traded low of 1.4660 marks in quiet early European trade yesterday. Dealers said the rise against the mark was primarily a technical recovery after the US currency hit new lows on Monday.
      1,275 words
    • Article
      INTERBANK FOREX RATES
      391 25 Cross rates Nov 20 USS SS MS Dm Yen SFr AS NZS USS 1.7110 2.6920 1.4740 129.00 0.5071 1.2450 1.3046 1.6380 S$ 0.5845 1.5733 0.8615 0.7539 0.2964 0.7276 0.7625 0.9573 MS 0.3715 63.56 0.5475 0.4792 0.1884 0.4625 0.4846 0.6085 Dm 0 6784 1.1608 1.8263 87.52 0 3440
      391 words
    • Article
      MONEY MARKET
      546 25 Interbank rates SS Bid Offer" Overnight 4 7/8 5 1-month 6 1/16 6 3/16 2-month 6 5/16 6 7/16 3-month 6 3/8 6 1/2 Overnight mode: 5 LSS BW Offer 7 days 7 7/8 8 1 month 7 7/8 8 2 months 8 1/8 8 1/4 3 months
      546 words
    • Article
      Lock icon Sterling seen dropping if Thatcher loses election
      658 25 Reuler STERLING would dip if Prime Minister Margaret Thatcher was defeated in the Conservative party leadership election, but it would be likely to pick up soon afterwards, analysts said. Former Defence Minister Michael Heseltine has made the first serious leadership challenge in Mrs
      Reuler  -  658 words
    • Article
      FINANCIAL FUTURES
      1204 25 SIMEX Eiwoootum Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.02 92.04 92.02 92.04 1 550 ***** 1616 Mar 91 92.36 92.38 92.36 92.38 4100 ***** 5209 Jun 91 92.44 92.47 92.44 92.47 1220 5087 1388 Sep 91 92.38 92.40 92.38 92.39 680 1928 411 Dec
      1,204 words
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  • COMMODITIES
    • Article
      Lock icon Short-term rubber price fall expected by January
      388 26 Reuter WORLD rubber prices are set to fall from current levels by January as factory demand slows with next month's holiday season in the United States and Europe, American trade sources said. But they said the anticipated price drop may be short-lived as
      Reuter  -  388 words
    • Article
      Lock icon More R&D needed to lift M'sian coconut industry
      319 26 Bernama MALAYSIA on Monday called for greater research and development (R&D) to lift the coconut industry out of its doldrums amidst today's dynamic world oils and fats situation. Malaysian Deputy Primary Industries Minister Tengku Mahmud Mansor, in making the call, said the
      Bernama  -  319 words
    • Article
      Malaysian tin higher in tandem with LME
      830 26 REPORTS THE tin price on the Kuala Lumpur tin market edged one sen higher to M$ 16.20 per kg in line with the slightly improved performance on the London Metal Exchange overnight. At the opening level of M 516.19, bids totalled 50 tonnes
      830 words
  • Article
    PRICES
    1336 26 Rubber Nov 20 MS (fcfc h >■*») S cents/kg Noon Close Int 1 RSS Prompt 15S.00/I56.00N 156.00/I57.00N Int I RSS Dec 90 155.00/156.00 156.00/157.00N Int 1 RSS Jan 91 155.50/156.00 l56.5an57.OON Int 2 RSS OP 149.50/151.SON 150.25/152.25N Int 3 RSS OP 144.50/146.50N I45.25/147.25N Int 4 RSS OP 140.50/142.SON 14I.2S/143.25N
    1,336 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      458 26 notice VUIi COMPANY PRIVATE LIMITED (IN MHirW VOLIKTABY LIQUIDATION) NOVm Ot PINAL MEETING NOTICE la hereby given pursuant to Section 306(2) of the Companies Act, Cap. SO that the final meeting of the members of the abovenamed company will be held at 83 Robinson Road #02-14 Afro Asia Building, Singapore
      458 words
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      Page 26 Advertisements Column 2
      197 26 COOPERVISION SINGAPORE PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 306 of the Companies Act Cap. SO the Final Meeting of the Company will be held on the 21st day of December 1990 at 11.00 am at 16 Raffles Quay
      197 words
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      Page 26 Advertisements Column 3
      7 26 Executive Jobs every Saturday in Business Times
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1028 27 City Flight ETA Flight ETD Ab« Dhabi GA895 1225 flrt»l»hl« QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL8I3 1525 SQ24 2215 Attorn OA71 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Balikpapan GA524 1150 Bandar Sari SQ182 0915 Bagawan SQ18I 1410 Baifkok
      1,028 words
    • Article, Illustration
      Chinatown with a different feel
      644 27  -  LETTER FROM JAKARTA By David Chew IT IS a hot Sunday afternoon and Glodok, Jakarta's Chinese quarter, is teeming with people. Shoppers throng glass-panelled multistorey plazas as well as tar-paulined-roofed warongs (tiny stores) erected along numerous sidewalks to buy not only their daily necessities, but
      644 words
    • Article
      MONEY CHANGER RATES
      150 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3020 1.3220 Canadian dollar 1.4600 1.4800 NZ dollar 1.0300 1.0600 Sterling pound 3.350 3.3800 US dollar 1.7060 1.7160 Local dollars to 100 units of foreign currency Austrian schilling 16.20 17.20
      150 words
    • Article
      WORLD TRADE EXHIBITIONS
      292 27 Duration Title Venue Organiser Td Duration Title Venue Organiser Td Nov 16-23 Official Spain CITE MA ********** 1991 Computer Show Bahrain Management WLL International Jan 23-27 International Madrid IFEMA ********** Specialised 1991 Tourism Trade (Spain) Show for Business Fair Equipment Data Feb 4-9 International Netherlands Komnklije (31)30/*****1
      292 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      89 27 —Pl jjj ll] THE EXHIBITION OF MASTERPIECES BY FAMOUS CERAMICS ARTISTS OF JINGDEZHEN, CHINA. I i Renowned as Porcelain Capital China's Jingdezhen is here with new features displaying excellent porcelainwares from a wide selection for collection and gifts. |f| View us at The Empress Place, Queen's Room during Nov 21-27
      89 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      180 27 sobriety and a man of hon- 22 Part of the Burma-Siam 24 in court (7) (8) 23 Look in British Columbia 25 Private lists rescued by the 6 'l 1 hcal,h is drunk for a P° werful al,iance < 4 > *i i driver is in (2,3,3) 26 A cot
      180 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      211 27 Singapore Outlook: Showers over many areas in the afternoon. Forecast: Maximum temperature 31.8* C Assoc humidity 63% Minimum temperature 25.2* C Assoc humidity 96% Hours of sunshine 5.30 Rainfall in mm IO.S Rainfall this month 112.5 Rainy days this month 12 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/14 Showers Bangkok
      211 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      17 27 I'm soggy meßßisTouA luiU. SHOUT yoU? W\m£ {\g. BRistSW? 1 ftND telephone, MOMBCR J [ftFTgg -TUfc 81W...?
      17 words
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  • Article
    Sheraton on look-out for more hotels to manage
    412 28  -  By Suzanne Soh UNDETERRED by the recent loss of Singapore's Century Park Sheraton, the ITT Sheraton hotel chain has gone on an expansion spree in South-east Asia and the Pacific region. At a time when foreign hotels are losing ground against the
    412 words
  • Article
    Cautiously optimistic outlook for hotel industry
    340 28 SHERATON Asia Pacific Corporation, which manages the Sheraton Towers hotel, is optimistic about the outlook for Singapore's hotel sector but hopes official tourism projections are not too bullish. A growing number of investors have jumped onto the hotel bandwagon as a result of the
    340 words
  • Article, Illustration
    Lock icon Rocard narrowly survives no-confidence motion
    393 28 Reuter FRENCH Prime Minister Michel Rocard and his Socialist-led Cabinet narrowly survived a no-confidence vote in Parliament, thanks to defectors from the centreright opposition and the support of one far left deputy. Monday's censure motion, tabled by the right-wing opposition, received 284 votes in the
    Reuter  -  393 words
  • Article
    Lock icon China's biggest forex organisation set up in Shenzhen
    298 28 Reuter THE BIGGEST foreign exchange organisation in China has been set up in the Shenzhen Special Ea>nomic Zone (SEZ) near Hongkong. The Shenzhen Association of Financial Institutions (Foreign Exchange) includes branches from 16 foreign banks, one foreign insurance company, a joint-venture financial
    Reuter  -  298 words
  • Article
    Lock icon Vietnam restructures banking system
    228 28 AFP THE VIETNAMESE government announced a reform of its banking system yesterday, establishing four autonomous national commercial banks and putting the Central Bank under a board of directors. The eight-member board of directors will bring together economists and representatives from the financial, commercial, trade and investment
    AFP  -  228 words
  • Article
    Lock icon PM to brief Mahathir on military pact with US
    291 28 AFP PRIME MINISTER Lee Kuan Yew will visit Malaysia to brief Premier Datuk Sen Dr Mahathir Mohamad on a new Singapore-US military pact before he steps down from office later this month. Malaysian Foreign Minister Abu Hassan Omar said on Monday
    AFP  -  291 words
  • Article
    Lock icon GDP data indicate Britain in recession in third quarter
    395 28 Reuter BRITAIN probably entered a recession in the third quarter as gross domestic product (GDP) data for the period showed the first large quarterly drop in economic activity in 10 years. "We are entering a recession, although officially we will need
    Reuter  -  395 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      29 28 JIL Baume Mercier GENEVE 1830 Top International Securities Houses use INVESTAMATIC The On-line Investment Research System for Far East Equities SINGAPORE 225-1595 MAI AYSIA (03) 261-5331 IIONG KONG 877-2284
      29 words
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      Page 28 Advertisements Column 2
      106 28 JIL Baume Mercier GENEVE 1830 JAPAN AT lIETALASIA^O ill JAIPAIMISI l?[glCDi[]©[M IM©0MII»® flClHllM®lL©<®¥ AT DTTS ©liT Nakanishi Inc. Mitsubishi Metal Corporation Chiba Prefecture in rn n Kawaguchi Trade Center Shinko Electric Co., Ltd Sakazaki Machinery Co., Ltd. J III! d p J i Fanuc Ltd jJv Amada Singapore (1989) Pte
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  • Shipping Times
    • Article
      Singmarine Dockyard launches revolutionary vessel
      260 29  -  By Malini Tambyah AUSTRALIAN National Line will at the end of this year take delivery of a revo- j lutionary vessel built in 1 Singapore for its Bass j Strait Searoad Service. Employing technology never used in Australia before, Singmarine Dockyard launched on Monday the
      260 words
    • Article, Illustration
      Mixed outlook for the bunkering industry
      482 29  -  By Selva Kumar WHILE the Singapore bunkering industry expects to equal the 1989 record lifting of 10.6 million tonnes this year, industry sources have mixed views on prospects for next year. "Even with a downswing in the US economy we can expect a 10
      482 words
    • Article
      Lock icon HK firm, Mexico to build aircraft-servicing plant
      390 29 UPI A HONGKONG FIRM signed a US$2OO million joint-venture agreement with Mexico on Monday to build a major aircraft-servicing plant on the Mexico-US border. The new company, Matrix Aeronautics Sociedad Anonima de Capital Variable, is 60 per cent owned by Hongkong Denbridge Ltd
      UPI  -  390 words
    • Article
      Cathay Pacific freezes staff recruitment at all levels
      386 29 CATHAY Pacific Airways has applied an across-the-board embargo on all new recruitment, which will freeze the airline's staffing levels for the first time in its history, said the South China Morning Post. The embargo, which may last until next year according to
      386 words
    • Article
      Lock icon KL-Klang railway tenders to be awarded soon
      380 29 Bernama MALAYSIAN Transport Minister Datuk Sen Dr Ling Liong Sik said tenders for the four-package construction of a second railway track from Kuala Lumpur to Port Klang will be awarded soon. The ministry has received an unspecified number of applications from both local
      Bernama  -  380 words
    • Article
      Port privatisation plan may be expanded
      252 29  -  From Al O Labita in MANILA THE STATE-RUN Philippine Ports Authority (PPA) is mulling over the possibility of expanding its port privatisation programme to attract more foreign financiers. Instead of the build, operate and transfer (BOT) concept, PPA will offer prospective foreign investors its
      252 words
    • NEWS SUMMARY
      • Article
        Mitsui OSK to set up cargo-handling venture
        91 29 MITSUI OSK Lines Ltd will form a cargo-handling joint venture with Chugoku Kaiun Soko Kaisha. Ltd, a Mitsui spokesman said. The new firm will be established in Hiroshima on Jan 1, 1991, and plans to start operations by March L Its name and
        91 words
      • Article
        A Philippine success story
        23 29 BARELY a few years after its privatisation, the Manila International Container Terminal now ranks among Asia's best. Page 2
        23 words
      • Article
        Full steam ahead for Suez Canal Authority
        43 29 IN SPITE OF a possible heavy revenue drop if war erupts in the Persian Gulf, the Suez Canal Authority is to go ahead with a multi-million-dollar feasibility study aimed at attracting more long-term business Back Page
        43 words
      • Article
        Boeing, Tokyo firms to discuss plane deal
        50 29 SENIOR OFFICIALS of Mitsubishi Heavy Industries Ltd, Kawasaki Heavy Industries, and Fuji Heavy Industries Ltd will hold talks with Boeing Co in Seattle this week to discuss participation in the development of the 8777, the US aircraft maker's next generation jetliner Back Page
        50 words
    • LOG BOOK
      • Article
        Interflug seeks N American, SEA partners
        127 30 FORMER East German state airline Interflug is seeking foreign investors to ensure its survival, and has begun negotiations with North American and South-east Asian airlines, a spokesman said. Interflug wants no partner to take a stake larger than about 10 per cent, the spokesman
        127 words
      • Article
        Macau-HK helicopter service starts
        129 30 THE Macau-based East Asia Airlines will begin helicopter service today between the Portuguese enclave and the neighbouring British colony of Hongkong. The airline said this will be the first international helicopter service in Asia. It will cut travel time between the two territories to 20 minutes
        129 words
      • Article
        Warning of Iraqi oil in Tripoli ships
        144 30 THE German economics ministry has issued a warning that ships from Tripoli may contain not Libyan oil but Iraqi Kirkuk or Basrah crudes, said Petroleum Intelligence Weekly (PIW), the oil industry newsletter. Five cargoes (around 2.5 million barrels) of Iraqi oil have been
        144 words
      • Article
        Halla hopes to make special vehicles
        74 30 HALLA Engineering and Heavy Industries Co, the shipbuilding arm of South Korea's Halla Group, is seeking government approval to produce large, special-purpose vehicles, a company spokesman said. He said Halla plans to import technology from Iveco Fiat SpA of Italy and begin constructing a
        74 words
      • Article
        Panama Canal surcharge to end
        76 30 THE temporary 20 per cent surcharge on tug and line-han-dling services implemented by the Panama Canal Commission on April 1 this year will end on Feb 28 next year. The surcharge was introduced to to offset the unbudgeted extraordinary costs incurred by the commission as
        76 words
    • Article, Illustration
      A Philippine success story
      913 30  -  Barely a few years after its privatisation, the Manila International Container Terminal now ranks among Asia's best. A 1 O Labita reports from Manila Al O Labita WHEN the Philippine government built the Manila International Container Terminal (MICT) in 1977, it could hardly cope with the
      913 words
    • Article
      Lock icon WEEKLY FREIGHTS
      781 30 AFP FREIGHT rates firmed over the past week on the dry cargo market supported by strong activity on the important US Gulf to Japan grain route and by the reported sale of 1.4 million tonnes of French cereals to the USSR, brokers said. The Baltic International Freight Futures
      AFP  -  781 words
    • Article
      THE SHIPPING GUIDE
      12606 38 This is a list of ships loading Ev at Singapore for ports around p the world. It tabulates, by Ev destination, the name of the ship, the shipping line in- volved and the estimated dates of arrival and departure isi from the Port of Singapore. Advanced dates
      12,606 words
    • SHIPS IN PORT
      • Article
        Untitled
        610 45 Vessel Voy No Bertti Arrival Departue VeMl Voy No Berth Anival Departure Keppd Wharves Ate Endeavou 30WB CIO alongside 2011/1300 Buster* 01/90 K33 alongside 2011/1330 Oaiyunshan 7/90 K29 alongside 21 11/0600 Isabela 40/90 P48 21.11/0800 21.11/1800 Robert 90-F3 P4B 21.11/0830 2211/0600 Sinar Sulum 1 P2C 21.11/1600 22.11/0800 Sn N Hua
        610 words
      • Article
        CONTAINER SCHEDULE
        1139 45 Record BooUnf/Babnce Mb SHp Voy No Etb/Btr Period From To From ACX lade 22A 21/1900 1 20/1500 20/1659 20/1900 Ambas Bridge 31 23/0400 1 20/1500 20/1659 20/1900 2 20/1700 21/0659 21/0900 3 21/0700 21/1159 21/1400 I 4 21/1200 21/1459 21/1700 Anna Ms 9012 21/2300 1 20/1500 20/1659 20/1900
        1,139 words
      • Article
        IN MALAYSIAN PORTS
        385 45 Port Klang Berth at South Port on Nov 20: 1: Kris Merubi; 2; Hoegh Dene; 3: Fidelity; 4: Hong Hing, 5: ml: 6: Lucoma, 7: Hung Lee It. 7A Likas Venture. KCT: 8: TSK Melody Bunga Mas, 9: Deia Bhum, Kota Mesra; 10 Benalder North Port: 11;
        385 words
    • Article
      DAILY FREIGHTS
      1154 45 VARIED grain chartering at steady rates featured in a routine dry cargo market on Monday, but details of business on key routes were slow to emerge, brokers said. Grain business from the St Lawrence river to La Guaira at USSI6.2S compared with U5515.25 recently, while a cargo for
      1,154 words
    • Article, Illustration
      Lock icon Suez Canal to press on with plans
      724 46 UPI IN SPITE OF a possible heavy revenue drop if war erupts in the Persian Gulf, the Suez Canal Authority (SCA) will go ahead with a multi-million-dollar feasibility study to attract more long-term business. SCA chairman Mohammed Ezzat Adel said on Monday in
      UPI  -  724 words
    • Article
      Lock icon Boeing, Tokyo firms to discuss plane deal
      212 46 Reuter SENIOR OFFICIALS of Mitsubishi Heavy Industries Ltd, Kawasaki Heavy Industries, and Fuji Heavy Industries Ltd will hold talks with Boeing Co in Seattle this week to discuss participation in the development of the 8777, the US aircraft maker's next generation jetliner. Spokesmen
      Reuter  -  212 words
    • Article
      Lock icon Nippon and Sanwa to revive service
      186 46 Reuter NIPPON EXPRESS Co Ltd and Hongkong's Sanwa Line Inc are to resume a shipping service from Niigata, 250 km north of Tokyo on the Sea of Japan, to ports in South Korea, Hongkong, Taiwan and other parts of Japan starting from Dec 4
      Reuter  -  186 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      204 29 I in UNITED I Via LEASING 4 SEIVfCES PTE LTD Call Te1:471 3033 Container Schedule 17 Daily Freights 17 Inde* to Advertiser* 3 Shipping Gudt 10,11 Shps *> Port 17 Singapore Tries 17 Weather and Sea Condrtnns 17 Weekly Frwgt* 2 A success story, Pg2 For other reasons, send in
      204 words
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      Page 30 Advertisements Column 1
      89 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BBSINI «i <> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional
      89 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      2119 31 C JARDINE SHIPPING AGENCIES mlllf# 200 Cantonment Road #12 05 Southpomt. Singapore (808 ■flr. W WWW Tel *****1: TELEX NO RS 2417S IfffßTlll TERMINAL CFS Tel *****18 220 W* DQuCQ 1 BOOKINGS Tel *****34 23S L VAV A J ESAKA JARDINE SHIPPING AGENCIES SON BHO f>ORT TEL *****18 TELEX NO
      2,119 words
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      Page 31 Advertisements Column 2
      1217 31 INDEX TOMWKIjSERS Page Col Page Col I A 1 I 1 g ~1 ABC Containerline 13 5 Mac-Nets Agencies 14 1/2 Accord Group 8 1-3 Macoline 18 2/3 AFS IS I MadjuSdnßhd 16 1/2 Ahrenkiel Liner 16 3 Maersk Line 3 4/5 Albatros Sea-Air 14 4 Mainfreight 15 4 Alfred
      1,217 words
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      Page 31 Advertisements Column 3
      2178 31 pßcmnasza Vassal Voy ETA ETD "Port 'Pensng Singapore K.,.0 8 DESTINATIONS Thn week McKinney M 9102 FnHtr by 2«/ ii not mrs M Fsrco HIHHH CFS 2WII 0800 MRS M Tsoro OAK LGB MOO MEM ATL MIA CMS BAL PHL NYC MON TOR MAJESTIC M 9006 tn Pt 21/11 "sia
      2,178 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      1199 32 y J ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE CARDIGAN BAY 96/539 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 BENALD6R 98/546 2/12 19/12 22/12 23/12 KATSURAGI 03/545 6/12 30/12 26/12
      1,199 words
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      Page 32 Advertisements Column 2
      533 32 j-rSfyw r^T HIRPCT 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 I NUKUALOAFA I DIRECT CHILE SERVICE SIN IQQ ANF VAP I FLOREANA 20-28/11 30/12 31/12 t/1 Alm accepting Cargo to Cjlljo (Ptru) via Valpa
      533 words
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      Page 32 Advertisements Column 3
      1378 32 SIVMB2S &EWK REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND F6R EUAOPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PEARL 9038 3 25/11 17/12 19/12 22/12 23/12 24/12 25/12 26/12 25/12 NORASIA PRINCESS 9039-3 03/12 24/12 26,12 29.12 30 12 31/12 01/01
      1,378 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1743 33 SjjgSteamers Maritime Holdings Ltd I P&O anw STRAITS SHIPPING ■ML GT *3 «>i»Mn»ifom Em "nmyiti Containers MJm m ACCEPTS SAILS Voy No P Hiang S pore S'tan H'bur| B'haven Led CARGO CAROiGAN BAY »SB »BAR 20(11 22/11 11/12 12/12 W2 W2 »W 22 Hoy 23 Nov BfNAVON 97(5*3 BAR 20(11
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      Page 33 Advertisements Column 2
      1821 33 TO: EUROPE TO: FAR EAST SPORE MK KAO ROB BU SP LM ROM MAM B'HVN BRE FIX CMOYANC UORt 001E 2441 2*ll «l i|U MANJIN FELIXSTOWE 006W 24/11 U/U 13 U 14/12 14,12 14(12 U/U CMOYANC SUCCESS OUE 1/12 612 7f 12 10<12 Ul2 CHOYANG PARK 01 IN 1/12 IW
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      Page 33 Advertisements Column 3
      338 33 iS/ JAPAN/ STRAITS SERVICE .IST IN RO-RO HEAVY LIFTS :OSMIC ASIAN COSMIC TRADER STAR CHALLENGER 13 116 3 B/U 11/12 11/12 N/11 09/12 13/12 23/12 2*12 W2 21/12 27/12 11/12 19/12 25/12 ig Only CALLINC OTHER JAPANESE PORTS. HONGKONG. 4 CHINESE PORTS, SUBJECT INDUCEMENT -INTERMARITIME ITHERN AFRICA SERVICE )IRECT MONTHLY
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      Page 34 Advertisements Column 1
      574 34 Hi CR NBR **********0-O EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSLVOY S PORE ROAM/ADAM H BURG BREMEN ANTWERP SRIWIJAYA/30W8 X-Sfll 2A l/I U/l MA KUTAI/21WB 22-28/12 24/1 30/1 4/2 6/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO Sub|«ct to taKhJcamant AI»o accepting cargo to CaaaManca, Po«1 Said, Port Alexandria, Ganoa. Trleete ALSO
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      Page 34 Advertisements Column 2
      782 34 I HANJIN SHIPPING FULL CONTAINER SERVICE IS'pore |LEH RTa AN* HAH MV EEL FEEDER VSL SIN LINE HAUL LAX OAK 25/11 12/12 14/12 15/12 14/12 Wl)2 XJJU CHOYANG GLORY 001E 21/11 H SEATTLE 815E 21/12 23A2 1/12 19/12 20/12 21/12 21/12 M/ 12 24/12 CHOYANG SUCCESS OUE 1/12 H BUSAN
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      Page 34 Advertisements Column 3
      94 34 EUROZONE FREIGHT SERVICES PTE LTD NO. 20. MAXWELL ROAD #12-02, MAXWELL HOUSE. SINGAPORE 0106 TEL SI7MI II UH| Fil KMI7I TUL M HIM B7M •WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From: TAIWAN HONGKONG EUROPE USA UK. Services To: BRUNEI ASEAN PORT S.E MALAYSIA PROVIDE: INT'L TRUCKING. DOOR TO DOOR SVCS
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      Page 34 Advertisements Column 4
      1392 34 I d Im SC* HKC KSC KLG PUS HKT OSK SM2 TVO LAX CHS BAL NYC LHV AN* ROM THf> HBG SGP I E GIANT RE-MI 2*ll *V» W *12 t/U 1002 12/12 14/12 I*l2 17/12 21/12 *1 11/1 12/1 22/1 23/1 24/1 2*l 27/1 21/2 E GENTRY RE OJ4
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      Page 35 Advertisements Column 1
      1896 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 am AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K.MO3V *****87, Penang(o4) *****0, J.Bahru-(07) *****3, *****4 PTI INTI TRIDENT
      1,896 words
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      Page 35 Advertisements Column 2
      1245 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOTMf I SPOT MANILA MKONt VOYAGE STORt PWIANC HBURG B HAVIN
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      Page 36 Advertisements Column 1
      1566 36 fwk LINE KAWASAKI KISEN KAISHA. LTD. fl EXPORT N. AMMIf PACIFIC SOUTH-WEST IMPORT N- AMERICA PACIFIC S<HJTH-WEST_ I/ MOTHER VCSSII VOY HOUS II OA* TUT fIUU WSSU W>T «T SCP FEEOER VESSEL VOY "INOO •PK.PNG SGP MOTHER VESSEL VOY L 8 OAK CHI NYC 111 MACKINAC BRIDGE 2*lo 30)10 1/11
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      Page 36 Advertisements Column 2
      729 36 Xjm PHIU-Oftl€NT UNCS PT€ LTD r Jm& 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX: RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA... WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGHT FORWARDERS ASSOCIATION 24 NOV MONTREAL, Ottawa, toronto, VANCOUVER, S"WESTERN
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      Page 36 Advertisements Column 3
      387 36 golden line VvTNi GUAN GUAN SHIPPING pTE L 123, Telofc Aytr Straet SINGAPORE 0104 TEL: ***** ft (10 LINES) Fax: *****04 (CR No *****S*****W) IT1AIT»/WM1AW CUlf WmYICE S'pore P. Keteng Penang GOLDEN WONDER Colombo; Karadii/ouba« 23/25 No* GOLDEN BEAR Cotombo/Karachi/Oubai 0/10 Dac -W china mvia DAI TUN SHAN Huanfpu.furtiou 24/24
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      Page 37 Advertisements Column 1
      1632 37 luiivoy nruiirsua) liuvciuuvr *1 199 V .sagSg JE)M/ PACIFIC INTERNATIONAL LINES (PTE) LTD mmWM P,L Building, 140 Cecil Street *0340, Singapore 0106. JAKARTA I I BANGKOK I VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9039 ***** 25/11 30/11 PEGASUS PIONEER 10*N 21/11 2S/11 29/11 MAJAPAHIT MSB
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      Page 37 Advertisements Column 2
      900 37 BEN LINE CONTAINERS LTD A I 200 Cantonment Road Tel: *****22 I #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** <s EXPRESS CONTAINER SERVICE TO UK/CONTINENT; |VQY SPORE "PKLANG S HAMPTON HAMBURG B'HAVEN R'DAM L HAVRE rdigan Bay' 22/11 16/12 11/12 13/12 10/12 17/12 navon 97/543 25/11 Via
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      Page 37 Advertisements Column 3
      301 37 MYANMA fßk FIVE 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 29/1 Dec ia> THE BANK UNt (A aenrice of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY
      301 words
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      Page 40 Advertisements Column 1
      815 40 INFSM'N INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIM FLX BRV ROM ANT HBG MECKLENBURG WMOO2 K/ll 23/12 22/12 24/12 21/12 ASIAN SEN WFOS2 29/11 22/12 21/12 20/12 23/12 2S/12 BRANDENBURG WMIOI 1/12 5/1 4/1 6/1 2/1 JAPAN SEN WTIOI 11/12 3/1 4/1 (/I 7/1 5/1 AMERICAN
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      Page 40 Advertisements Column 2
      1218 40 1 -4|lgL.'A 4 I CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: LOADING FOR riinnnr vessel ["store c*o mn baires hviko MO STS VIT PACUA EUnUrt wo/" 1 fU m ALSO LOADING 'OR BUENOS AIRES 24 NOV 1 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON MANCHESTER LE HARVE
      1,218 words
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      Page 40 Advertisements Column 3
      204 40 I JE CONTAINER LINE l TEL: *****59 FAX *****63 GUARANTEE LCL COWSOL SERVICES FAR EAST JAKARTA 24/11 t 1/12 TOKYO 22/11 A 25/11 PORT KELANG 23/11 4 3011 KOBE 25/11 A 2/U PENANG 23/11 30/11 NAGOYA 25/11 A 2/U MANILA 22/11 A 24/11 YOKOHAMA 25/11 A 2/U BUSAN 22/11 A
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      Page 40 Advertisements Column 4
      1170 40 r fejj t S is /> fl 5? CHINA OCEAN SHIPPING COMPANY CONTAINER LINER SERVICE „|S,„ S '?!£?22L2? 7 CABLE: COSTARLINE CR NO: **********0 M General Agents: GOBTAR SHIPPING PTE LTD VtSSU VOT SGI- FLX HOT HAH ANT DKK wESSELVOT fl» HO" "AM A»T p*« SCfLI AO HE/WW 2101 1202
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      Page 41 Advertisements Column 1
      1109 41 \TTTTA\T A CT A IRICHFIELD MARINE AGENCIES (S) PTE LTD NIHON-ASIA S tcl *****33 < 12 unas) X SI FAX: *****15/*****03 CR **********0N [IxJJ TCLE RS ***** RISH,P < 3 L,n ««> TEL: *****22 FAX: *****86 Ir#! ETHIOPIAN SHIPPING LINES Y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL Competitive
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      Page 41 Advertisements Column 2
      798 41 MASKAPAI PELAYARAN WPULAU LAUT fULLY d6ktAlNE*l£tf> ftWIdNALTCEOOTSRvrcr TWICE-WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS r WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAj SIN OKUNOZE CMS 25/11
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      Page 41 Advertisements Column 3
      583 41 BANGKOK CEBU/MANILA VESSEL VOT SINGAPORE BANGKOK IvESSa IvOY S'PORE CEBU MAMLA JENLINK 32N Wed In Pt Sat 24/11 SO. ORIENT 47R 23/11 28/11 30/11 NANTA BHUM 16N Wed In Pt Sat 24/11 SO STAR 4SS 30/11 6/12 8/12 MAMA BHUM# 35N Sat 24/11 Tue 27/11 KITI BHUM 49R 7/12 13/12
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      Page 41 Advertisements Column 4
      395 41 TO AUSTRALIA/NEW ZEALAND VS. S>nt»Pof« FnniitU M«n»oyfn«|Sy*»n~ AucSland Dum«a c. vcßouK at mi am wi yu wu uoi «mva si sju ~uiu aju um mu tnt express 2sa Hi u/i uTi aji Si *1 E. NUOK 2M W 4/2 #2 Ufl Uti W IX DATS TO MELBOURNE! TO USA/CANADA I
      395 words
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      Page 42 Advertisements Column 1
      1080 42 a m MAC-NELS SINGAPORE atmi tel lIMIT TU; «IMK ■fefcAkJl PENANG TEL: (04) *****6 KK TEL: (088) *****0 TAWAU TEL: (089) *****9 I f. /n P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 f\-/ J BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL.
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      Page 42 Advertisements Column 2
      383 42 BLUE STAR LINE SINGAPORE TO UNEW 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 PIT AUCK LYT PREMIER 09S 27 Nov 11 Ok Vm NPI U On
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      Page 42 Advertisements Column 3
      1019 42 /3£j 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 <o«a fig In* Iht nsta. |m et* kit KIM SOON LI 45/90E 22 NOV PENANG EQUATOR
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      Page 42 Advertisements Column 4
      397 42 /WNORBULKV I MORBULK CARGO SERVICES LTD. I REGULAR CONVENTIONAL I TIMBER AND PLYWOOD SERVICES ISP PK LOADING FOR 'I FORUM ISLAND NBUJ In Port 20/11 RDM/ANT/UK I EVPO AGCOS NB-120 Z7/U 30(11 ROM/ANTfIJK I SINCA SAGA NB-121 12/12 14/12 RDM/ANT/NAN/UK I ISWK/SABAH LOADING FOR I NBT-3S 25/11 KANOLA I ISP
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      Page 43 Advertisements Column 1
      734 43 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penan#* P Kelang Singapore ROSEEVERETT 21/23 Nov 24/25 Nov SHAPIAEVERETT 07/09 Dec 10/11 Dec KAMALEVERETT 27/2S Dec 25/31 Dec "EVERETT ORIENT LINE" JAPAN/BAY
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      Page 43 Advertisements Column 2
      592 43 VSL IVOY 1$ PORE IMAINLINER lux |KST |SAV |NVC |HFX A VESSEL 2*ll ZIM CALIFORNIA I*l2 21(12 31,12 2/1 4/1 A VESSEL 21/11 ZIM SAVANNAH 21/12 4/1 2/1 1/1 11/1 ZIM KAOHSIUNG 12tt 2/12 UN CANAOA MJU *1 12/1 M/l W A VESSEL 5/12 ZIN CANADA 1/1 10/1 11/1 I*l
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      Page 43 Advertisements Column 3
      616 43 Mm KWANG HANG MffHQ I TIUNMONTATION (m> LTO WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA PELOPOR V 963 24/11 27/11 I JENWEL VIB4N 25/11 I— 128/11 I VESSEL S PORE BANGKOK A VESSEL 24/11 28/11 A VESSEL I 28/11 01/12 DESTINATIONS ETA SINGAPORE PORT KELANG 25 NOV MANILA 24
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      Page 43 Advertisements Column 4
      486 43 rm PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PRASETIA I2IA IN PORT 24/11 PELOPOR 963 24/11 27/11 PRASETIA 123 A 28/11 01/12 PELOPOR 964 01/12 04/12 TANTO UTAMA 123 26/11 29/11 TANTO UTAMA 125 03/12 06/12 TANTO UTAMA 127 10/12 13/12
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      Page 43 Advertisements Column 5
      359 43 SjN FA» EAST 25/11 KEELUNG/KAOHSIUNG 24/11 BANGKOK 4 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 I I 27/11 HONG KONG also accepting cargo Z I to Huangpu/Shenzhen/Fuzhoui Xiamen/Xingang/Shanghai sin imruw 24/11 LDN/FLX/LVP/SOU 24/11 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIM USA/CANADA 25/11 LOS
      359 words
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      Page 44 Advertisements Column 1
      508 44 "ST CB SHIPPING MARINE SERVICES north queenslano/papua new guinea services CONTAINER/LCL/BREAKBULN SERVICE "ANKE" SERVICE SP€ LAI NISIMA POM T'VlUt Y 19S8 V 21/11 1/12 10/12 13/12 16/12 ViOSB 29-30/12 10(1 12/1 15/1 18/1 BUNKER SURCHARGE EFFECTIVE VIBSB TEU USOS6 00 8/BULK USD 5.40 LCL USD 3.50 SUBJECT REVIEW BOOKINGS ACCEPTED
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      Page 44 Advertisements Column 2
      988 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE B M T. V 23-CW9O 3/12/90 23/12/90 25/12/90 29/12/90 K.S. V-21-90W 4/12/90 31/12/90 20/12/90 26/12/90 M B V 24-CW9O 16/12/90 6/1/91 7/1/91 12/1/91 YM V22-90W 20/12/90 14/1/91 4/12/90 9/1/91 K.V.U. V.25-CW9O 23/12/90 14/1/91 16/1/91 21/1/91 ALSO ACCEPTING
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      Page 44 Advertisements Column 3
      509 44 ep/i KL: allied-LINK SINGAPORE: Saglr 04-*****2 03-*****55 778 6522(22 lines) SETA \g Marina Ong Susan Ng/Chrlstlna Chlaw Chang/Eathar Yap /jgP)W\ fr\lf E° SHIPPING AGENCIES PTE LTD VJML)II W "n* RS ***** NEOSHIP Fa* *****59 Tel: *****29 (6 Lines) A. VSL 20 NOV CHITTAGONG/CALCUTTA A. VSL 15 NOV TAMATAVE/BEIRA/MOMBASA IZHONGSHAN/RONGQI/LANSHI/XINHUI/FOSHAN/ I
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      Page 44 Advertisements Column 4
      308 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 22N8 23/11 VIGOUR PACIFIC 23H8 2/12 BANGKOK 28/11 1/12 BUSAN 22/11 28/11 HONGKONG 26/11 2/12 DURBAN 29/11 13/12 KEELUNG 2/12 9/12 PT. 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 30/11 24/11
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      426 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOIK 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0)****************************************00 *****100 *****300 JR 2.1 2.4 2.5 2.3 2.0 16 1.3 1.2 1.3 1.5 2.0 26 30 11 3.0 2.6 20 1.4 1.0 0 7 06 06 09 1.3 PP 2.1 2.4
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      Page 46 Advertisements Column 1
      300 46 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU f U!§\ HIAP HOE SHPPNG ENTERPRISE IIU I TEL: *****66 FAX: *****10 \JfJV TLX RS ***** HHSHPG i&EZ&kt PT- PELAYARAN. SAMUORA AGUNG
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      Page 46 Advertisements Column 2
      701 46 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKC SIN HYUNOAI CHALLENGER 38E 24/11 29/11 17/12 19/12 21/12 20/12 HYUNDAI PIONEER 35W a/10 26/10 24/10 16/U 2VII HYUNDAI INNOVATOR 37E 1/12 6/12
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      Page 46 Advertisements Column 3
      571 46 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) S PORE I S TON N BURC SHAVEN It DAM UH .Stockholm CARDIGAN BAV *S» a/11 I*U 11/12 11/12 10,12 U/U »<*»***« to Anlwp O»M> Htmnt, MNAVON »5C 2VII 12« IVI2 17/12 fJJILwJH BREMEN EXPRESS 8M42 2111 2J/12 11/12 2»U UIU 24/12
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