The Business Times, 27 November 1990

Total Pages: 48
1 48 The Business Times
  • 10 1 Business Times 75« Tuesday November 27 1990 MCI (l») 170/12/89
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  • NEWS SUMMARY
    • 64 1 LIBYA yesterday called for an emergency meeting of the UN Security Council on the Gulf crisis. Its ambassador to Syria. Abdel-Kader al-Warfali, said in Damascus that the session would be an alternative to a meeting called by the US to adopt a
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    • 42 1 WHILE the 200-odd tenants of the Beauty World Centre in Upper Bukit Timah arc worried about talk that they arc to be cvictcd for the complex to be upgraded, owner Pidcmco Land says that nothing is finalised yet Page 2
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    • 20 1 WESTERN German-based Oiltanking is studying plans for a third phase in its tank storage project Page 2
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    • 36 1 THE UN's 'Big Five' nations have finalised an ambitious plan to end 12 years of war in Cambodia and say peace now rests in the hands of the country's divided factions. Page 7
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    • 30 1 EVEN though Indonesia's inflation rate is in single digits, economic growth is above target, foreign investment and oil revenues arc soaring, the government is worried Page 9
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    • 31 1 THE US economy will probably rebound from its slowdown by the middle of next year once oil priccs decline, says the White House's chicf economic adviser Page 10
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    • 33 1 BEHIND the jargon of global trade talks due to end early next month arc two proposals which could mean thousands of job losses in the EC and the US Page II
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    • 23 1 THE reality of Hanoi's aging political leadership will be jolted by three major elections in the coming year Page 13
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    • 26 1 APPLE has managed to produce its Macs cheaply and in record time, thanks mainly to a good working relationship with its suppliers Page 14
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    • 29 1 AFTER growing at a healthy pacc in the last three years, the warehousing industry may be heading for a glut next year. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 30 1 SHARE PRICES fell at the opening bell on Wall Street Monday, with the Dow Jones index losing 13.87 points to 2,513.36 in the first five minutes of trading.
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    • 35 1 SHARE PRICES in London were lower at midday yesterday in a dull market. At 1212 GMT, the Financial TimesStock Exchange 100-Sharc Index was down 12.1 points at 2.158.4. Volume was 218.7 million shares.
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    • 30 1 MAS' after-tax group profits for the first half soared to M$ 194.30 million, helped by a M$ 160.5 million surplus from the sale of aircraft Page 3
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    • 31 1 JACK CHIA-MPH saw its turnover and after-tax profits decline substantially for the first six months ended in September, but extraordinary gains helped boost its bottomline profit Page 3
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    • 26 1 SANG KANCIL went through the most intricate acrobatics to eke out some profit in last week's very dull and quiet market Page 27
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    • 19 1 Exchange rates IJSS S$ 1.7075 Yen SSI.3340 MS SS0.6362 Money market rates Overnight 1-1/2% -2-1/4 3-month 5-13/16% -1/4
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    • 35 1 London Gold AM fix IJSS387.05 HJS$7.05 Rubber S'porc IXx l55.50*/kg KX50 M'sia IXx 243.50*/kg uneh KL Tin Turnover 50 tonnes +25 Spot M$l5.85/kg -0.0* Crude palm oil Turnover 2.865 lots f70: IXx- M$874/tonne +21
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    • Article, Illustration
      30 1 Monday Change BT-MCiA 557.58 -3.77 Kuala Lumpur 471.50 -4.14 Hongkong 2.995.52 -20.54 Tokyo 23,762.86 f 362.58 Sydney 1.355.4 -11.2 Friday Change New York 2,527.23 -12.13 London 2.170.5 +42.6
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  • 340 1  -  Goh Chok Tong to be sworn in tomorrow By Anna Teo AFTER 31 years in office. Prime Minister Lee Kuan Yew yesterday tendered his resignation, and with it that of his government, to President Wee Kim Wee at 2.40 pm at
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  • 671 1  -  Singland, Marina Centre Holdings involved By Amy Balan AFTER five days of intense speculation. United Industrial Corporation and its subsidiary Singapore Land unveiled a back-to-back share purchase plan that will eventually see Indonesia's richest tycoon Liem Sioc Liong emerging as UlC's sccond
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  • 419 1  -  By David Chew AN INTEGRATED 39.085 billion rupiah (Ss39 million) palm oil and rubber projcct is coming up in Riau early next year, a product of the Indonesian government's dcrcgulatory measures to make agribusiness a viable component
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  • 274 1 AFP THE SECURITIES Exchange of Thailand (SET) index fell sharply yesterday following a central bank announcement of an increase in lending rates. An SET spokeswoman said in Bangkok that the volatile index, which has been battered in recent weeks by signs of political
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  • 316 1 KOH BOON HWEE, the managing director of Hcw-Ictt-Packard Singapore, is widely cxpcctcd to join local tycoon Goh Cheng Liang's Kedaung-Wuthclum group as its chicf cxccutivc officer. Mr Koh, one of Singapore's most sought-after business leaders, would be the sccond local
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  • Page 1 Advertisements
    • 275 1 25JS Aircraft Schedule 29 Money Changer Rates 29 Weather '29 Commodities 28 Money Market 27 Work) News 10. 11 Cryptic Crossword 29 Regional News 7, 9 Editorial 12 Regional Stock Markets 26 For market indices, editorial, Financial News 6 S£S 20, 21 advertising and circulation ex Futures Options 27 Share
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    • 203 1 J V V 1 v SF I r "*iJr fliK i h& v« rw j^v K n KjBEJ^HI B Br M <*■ Hti?«»' Ky||g9W JHMKgV s*;:5 B *A v Jfi? IktaMflß SSk »k sMB ■jB BP mb n ""'Wr v n JB BHBHHHHHHHHHHBHBHMMBi^ SINTiATOM: Burt»crr>* Shop In Shop DAJMAR1 1
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  • HOME NEWS
    • NEWS ROUNDUP
      • 59 2 NGEE ANN Polytechnic will officially launch $4.8 million worth of new facilities for its mass communication and biotechnology department today. Senior Minister of State for Education and Ministcr-in-charge of the Polytechnic, Dr Tay Eng Soon, will open the fully-equipped radio and television studios, a
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      • 73 2 THE Ministry of Environment has issued authority cards to four Town Councils (TCs), empowering them to act against littering and spitting offcnccs in their estates. Staft ot these TCs, in Jurong East, Potong Pasir, Tiong Bahru and Toa Payoh, will now be able to apprehend offenders
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      • 85 2 THE executive committee chairman ot The Singapore Jubilee Spectacular, LTC Law Chwce Kiat, yesterday presented a cheque for $518,392.32 to the chairman of the 25th Anniversary Charity Fund, Mr Chandra Das. This is 80 per cent of the proceeds from tickct sales and donations made by
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      • 52 2 CHINESE clan organisation Theng Hai Huay Kuan yesterday donated $10,000 to the 25th Anniversary Charity Fund. The donation was handed over by clan officials to the Minister for Communications and Information, and Second Minister lor Defence (Policy), Dr Yco Ning Hong. Dr Yeo is also adviser to the
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      • 54 2 SINGAPORE CELEBRATES a 25th Anniversary postcelebration book will be launched on Thursday by the honorary chairman of the Singapore Stock Exchange, EW Barker. The book depicts the various activities and events organised for Singapore's 25th anniversary celebrations. It is sponsored by the Intraco group of companies and is
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      • 66 2 THE Australian Art Award 1990 for Young Artists will be presented on Dec 5 at the National Museum Art Gallery. A panel of five judges has selected Ms Lim Siew Hwa as the overall award winner. She is entitled to a three-month scholarship in Australia. The prize
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      • 39 2 YESTERDAY'S report on the Regional Management Game ("Singapore team comes up tops") said the champions. Genesis, was a team from Philips Singapore. Genesis is in fact a Singapore group of individuals. We apologise for the error.
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    • 445 2  -  By John Tan WHILE the 200-odd tenants of the Beauty World Centre in Upper Bukit Timah arc worried about talk that they arc to be evicted for the complex to be upgraded, owner Pidemco Land says that nothing is finalised yet. Tenants
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    • 290 2 GERMAN-BASED Oiltanking is exploring the idea of building pipelines to link its Pulau Seraya tank farm to oil refineries close by to facilitate easier transportation of petroleum products. The plan is being studied as a possible extension of a proposed $50 million programme to
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    • 311 2 MODERN sanitation has been extended to 96.8 per cent of the population, the Ministry of the Environment reported in its latest annual report. "Sewage treatment capacity will be further increased as a result of continuing expansion of major treatment works," the ministry said in
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  • Page 2 Advertisements
    • 186 2 Bfl Bl "VS 1 W-^^m X mU X _L^^S^ Wllllll|BMr I've been collecting old cars for many years and nothing gives me greater pleasure than having them restored to their original mint condition. So when a friend told me that the Singapore Automotive Engineering's Autocentre was a good place to
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 398 3  -  By Elaine Koh MALAYSIAN Airline System's after-tax group profits for the first half soared to M$ 194.30 million, boosted by a M$ 160.5 million surplus from the sale of aircraft. This was a 137 per cent jump from the M 582.13 million made
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    • 244 3  -  By Schutz Lee Si NGAPORE Aerospace, a member of the dcfcncc-rclat-cd Singapore Technologies Group, has gone into fund management and the leasing business with the incorporation of two new companies. Visiontcch Investment Pte Ltd will manage the short and long term investment
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    • 367 3  -  By William Chia THE MALAYSIAN Investors' Association (MIA) intends to tackle the problem of the 10 million missing shares in Pahang Investments pic and has asked investors with this problem to contact it. MIA president Patrick Lim said in a statement yesterday
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    • 236 3 THE SEMBAWANG Group yesterday formalised the appointment of Ng Pock 100 as group chief executive officer to steer the listed company into new areas of diversification. Mr Ng takes over from C N Watson, a marine veteran who has been in Sembawang
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    • 607 3 MARKET TALK Reuter MALAYSIA'S broking firms arc heading for a shake-out when new rules aimed at streamlining the once free-wheeling industry come into force by the year's end. Brokers say the revamp would weed out smaller firms, hit by
      Reuter  -  607 words
    • 372 3  -  By Yong Pow Ang TURNOVER and after-tax profit at Jack Chia-MPH fell substantially during the six months to September 1990, but extraordinary gains of $32.87 million helped to boost its bottom-line figure. Jack Chia realised a profit of $26.88 million from selling its entire stake
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    • COMPANY BRIEFS
      • 50 3 STOCKHOLDERS of Robinson Co yesterday passed a resolution to grant its board the authority to "accept, in full or in part, or to reject" the takeover offer made by Food Investments (SEA) for the company's 56.457 million 50-cent shares in Ccntrepoint Properties.
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      • 62 3 MOTEL Marco Polo yesterday announced that at the close of the rights issue on Nov 23, valid acceptances and excess shares applications had been received for a total of 252.17 million shares, representing about 113.5 per cent of the rights shares. The company had offered a
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      • 71 3 KFC HOLDINGS (M) Bhd said it has proposed the acquisition of 4,935,500 ordinary shares of S$ 1.00 each in Inno-Pa-cific Holdings Ltd because of the lattcr's rcccnt involvement in the integrated poultry farm projects both in Indonesia and China. In response to a KLSE query, it
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      • 60 3 UNITED Engineers (Malaysia) Bhd said it has yet to rcccive the letter of intent from the federal government on its proposal for the second link between Johor and Singapore, as reported by a newspaper. In a reply to the KLSE last Saturday, UEM said it
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      • 116 3 MALAYSIAN International Shipping Corp Bhd announced that the company has received applications for a total of 122,334.045 shares representing 97.87 per cent of the 125 million ordinary shares of Msl each offered under the terms of its rights issue. Excess share applications were received for a total
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    • 250 3 HTP HOLDINGS, part of the Jack Chia-MPH group, incurred a loss of $213,000 after tax and minorities for the first half, largely due to a $2.1-million provision for the diminution in value of its share portfolio. The value of the group's share portfolio now stands
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  • Page 3 Advertisements
    • 294 3 A futuristic interpretation of a legendary design: The Movado® Sapphire Museum" Watch. The famous Museum dot dial represents the quintessence of the modem design movement. Simple, functional, tasteful. Yet, the Movado Sapphire Museum Watch has a stark dramatic look that delineates it as unique among the unique. It is a
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 84 4 CIVIL engineering maehinery maker Komatsu Ltd hopes to quadruple its sales of construction and industrial robots to 20 billion yen in the year to March 31, 1994. from an estimated five billion in 1990/91, a spokesman said. It plans to introduce three or four
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      • 76 4 FUJITSU Ltd. Japan's top computer maker, has reported a sharp fall in half-year earnings due mainly to negative results from some overseas subsidiaries. The Tokyo-based company said its consolidated net income plunged 33.9 per cent from a year ago to U*****.36 million or 10 US
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      • 66 4 JAPANESE electronics firm Toshiba Corp said on Sunday it has marketed a new digital system that can store a large number of high-definition TV pictures and reproduce them either in still or slow motion for a wide range of application possibilities. The Tokyo-based company said the
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      • 96 4 AUSTRALIA'S lowest rated commercial television network, Channel 10, said on Monday it would sack 300 of its 1,100 staff to stave off financial disaster. In receivership since September, Channel 10 said it would also axe several programmes, senior staff would take salary cuts and a wage
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    • 307 4 UPI MAJOR Japanese carmaker Nissan Motor Co yesterday said that its two vehicle manufacturing affiliates started operations in Thailand on the same day in line with its business expansion programme. The Tokyo-based company said the two companies are Siam Motors and Nissan Co (SMN)
      UPI  -  307 words
    • 265 4 Reuter ELDERS IXL Ltd chief executive Peter Bartcls said the company has ruled out any capital return to shareholders. "At the moment, the matter of a capital return has not even been re-raised, has not been discussed," Mr Bartels said in a television interview. A
      Reuter  -  265 words
    • 339 4 Reuter AUSTRALASIAN food group Goodman Fielder Wattic Ltd expccts a rise in pre-tax profit and sales in the year to June 30, 1991. "This year we expect a further rise in pre-tax profit and hope to report a dividend at least comparable to the
      Reuter  -  339 words
    • 379 4 Reuter BUILDING materials and sugar group CSR Ltd expects profit for the year ending March 1991 to be at least 12 per cent lower than the net A 5406.9 million earned in 1989/90. "To have a 12 per cent reduction in the full year's
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    • 173 4 Reuter NTN CORP. Japan's leading bearing maker, will build a plant in Germany next to its existing subsidiary NTN Kugellagerfabrik GmbH, to make car parts such as wheel hub bearing units, a company spokesman said. It plans to start construction in mid-1991 for
      Reuter  -  173 words
  • Page 4 Advertisements
    • 119 4 V u .&>■' It's faster, smarter and guess what? The new Olivetti M29OS which uses the Intel ***** technology offers an amazing 16MHz clock speed for top-notch efficiency. A high performance personal computer, it supports all industry standard operating systems and is configured with 1 MB RAM, a floppy disk,
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  • INTERNATIONAL COMPANY NEWS
    • 332 5 AP THE largest private US companies' sales have doubled sinec 1985, due in large part to a dramatie rise in the number of leveraged buyouts. Forties magazine reports. But despite the huge shift as publicly-held companies turn private, Minneapolisbased Cargill, a
      AP  -  332 words
    • 435 5 Reuter TURKISH Cypriot leader Rauf Denktash said his government would help keep subsidiaries of Polly Peck International pic, the fresh fruit, electronics and leisure group, operating in north Cyprus. "We have indicated that if they intend to stop these activities,
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    • COMPANY BRIEFS
      • 105 5 DUTCH-BASED Philips Display Components Co has postponed plans for a US$ll6 million picture tube plant in Saline, blaming a sluggish US economy. A statement from the company's North American operations in Ann Arbor, Michigan said the plant "has been put on hold" because of deteriorating
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      • 53 5 YEMEN signed oil production-sharing pacts with Chevron Corp and Crescent Petroleum and was close to agreement with other firms on exploration concessions, an Oil Ministry official said. The official said Chevron would explore for oil in a 3,000 square km area in the Shabwa basin
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      • 82 5 HUGHES Microelectronics, a subsidiary of the US motorcar maker General Motors, is to invest eight billion pesetas (US$B5 million) to build a factory in Malaga, southern Spain, the company said. The new plant, on which work is due to start next year, will make microelectronics
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      • 30 5 US CONSTRUCTION equipment maker Ingersoll-Rand Co wants to buy the Chubb security unit of Racal Electronics pic, said the British weekly newspaper The Sunday Times.
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    • 364 5 Reuter ITALY is being bitten by recession and can expect 13 per cent inflation in 1991, Italian financier Carlo De Benedetti said in an interview published on Sunday. "In Italy, recession is underway, or a very strong slowing down," the business tycoon whose empire
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    • 181 5 Reuter TAKF.DA Pharma GmbH, a wholly owned German subsidiary of Takeda Chemical Industries Ltd, will set up sales units in Berlin, Dresden and Leipzig in January next year, a spokesman for the parent company said. Takeda also plans to take a larger
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  • Page 5 Advertisements
    • 217 5 "A business trip doesn't usually leave me with much room to do anything else. That is, until I discovered the Hyatt Regency Singapore's Two-Bay rooms." ■H flflHf fInHH i I |V 4 f nP !j M| mammmM f j ffi* j v *Hjl m I I U| H fsjl mSKP
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  • FINANCIAL NEWS
    • 348 6  -  By Shoeb Kagda SCIMITAR Asset Management, the investment management arm of Standard Chartered Bank, is gearing up to penetrate the South-east Asian market over the next few years, following the setup of its Singapore office. Describing the region as "the fastest
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    • 230 6 Reuter FINANCE MINISTER Ruth Richardson said in Wellington yesterday that the Bank of New Zealand has agreed to initiate an operational review designed to assist in enhancing the bank's future commercial performance. Ms Richardson said in a statement that the move was made after discussions between
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    • 506 6 Reuter A DIEHARD critic of international capital, India has been quietly opening up its booming stock markets to foreign investors, officials and bankers said. About $550 million have been invested in Indian stock markets from offshore mutual funds in the past four years.
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    • SMALL CHANGE
      • 118 6 TAIWAN'S foreign currency reserves now total almost US$72 billion, up from US$7l billion last month and compared with U5573.5 billion at the same time last year, central bank officials said in Taipei yesterday. Rapid capital inflow and a rising trade surplus have pushed reserves
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      • 139 6 A EUROPEAN central bank, or Eurofed, should be fully independent of national governments and European Community bodies, said Karl Otto Poehl. president of the German Bundesbank. "I don't think that Germany and other countries would be prepared and ready to accept a European central bank system
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      • 75 6 DEUTSCHE BANK AG said that it would raise its stake in Deutsche Bank-Kreditbank AG to 100 per cent from 84.7 per cent over the next few days as planned. The management board of Deutsche Bank announced the move about Deutsche Bank-Kreditbank AG, a joint venture
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      • 79 6 CREDIT SUISSE Bullion Japan, a unit of CS Holding, formally launched trading of precious metals after starting limited operations in July, a company spokesman said in Tokvo yesterday. It will engage in arbitrage between the Tokyo gold market and other global markets, in bullion banking,
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  • Page 6 Advertisements
    • 321 6 advert T CURRENCY, MONEY FUTURES MARKETS IHTEREST KATE OPTIONS Market takes a dive in nervo t r CURRENCY FUTURES OPTIONS Cross rat— Interbank rates a e Broker rates forward rates 4 O 1 Cross rates Interbank rates i <T V I I I 6 t 7! 2 0 t ;l
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  • Page 6 Miscellaneous

  • THE REGION 1
    • 513 7 Reuter THE UN "Big Five" nations have finalised an ambitious plan to end 12 years of war in Cambodia and said peace now rested in the hands of the country's bitterly divided factions. Senior officials from the five permament members of the UN Security
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    • 366 7 THAILAND'S private sector wants to be assured that risks from government instability should be minimised, according to participants at a seminar last week on Thailand's economy. Most of the 800 participants at the seminar expressed hope that the economy could withstand
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    • 712 9 Reuter INDONESIA'S inflation rate is in single digits, economic growth is above target, foreign investment and oil revenues arc soaring. But the government is concerned. Strong inflationary pressure. combined with weak agricultural commodity prices and heavy foreign debt payments. is highlighting some
      Reuter  -  712 words
    • NOTE BOOK
      • 82 9 A GROUP called Election Watch headed by a former chief judge says reforms are needed to give Malaysia fairer elections. In the Oct 20-21 general election, many eligible voters could not find their names on electoral rolls, there were cases of intimidation of candidates and campaigners,
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      • 63 9 INDONESIA has appointed Finnish companies, Enso Gutzeit and Enso Forest Development and their Indonesian agent, PT Prima Indopot Lestari, to run the country's US$l7.5 million forest nursery project. Contracts for the project were signed on Saturday by representatives of the government and the companies involved, witnessed
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      • 86 9 IRANIAN Trade Minister Abdol Hussain Vahaji said he discussed with President Suharto ways of promoting economic cooperation between his country and Indonesia at a meeting yesterday. Vahaji arrived in Indonesia on Friday with 30 leading Iranian businessmen for a five-day visit. Iran exported US$2OO million
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      • 82 9 MALAYSIA has been co-opted into the United Nations Environmental Programme (UNEP) executive director's committee of five experts to review a draft convention on biological diversity which will be submitted for international acceptance by 1992. The invitation was made to Malaysia, to represent the Asian
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      • 68 9 A LEADING opposition party won a by-election in the Thai capital for the seat left vacant by Thailand's former foreign minister Siddhi Sawetasila, state-run Radio Thailand said yesterday. Suthep Attakorn, a candidate of the Palang Dharama Party (Truth Power Party) headed by charismatic Bangkok governor Chamlong
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      • 72 9 THE Asian elephant, threatened by trade in its skin and the destruction of forests where it lives, is one of the world's most seriously endangered large mammals, a conservation conference was told yesterday. About 50 elephants a week are shot by Karen people in Burma and
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    • 221 9 Bernama NON-ALIGNED Movement manpower ministers who met in Tunisia last week have expressed concern over protectionist policies adopted by industrialised countries against labour imports. Indonesian Manpower Minister Cosmas Batubara said the conference noted the policies were primarily aimed at their countries and agreed to step up
      Bernama  -  221 words
    • 222 9 Bernama MALAYSIAN Prime Minister Datuk Seri Dr Mahathir Mohamad said on Sunday that the 'Malaysia Incorporated' concept of enhanced cooperation between the public and private sectors is reaping benefits despite initial cynicism when it was introduced. "The idea is paying off now," he
      Bernama  -  222 words
  • Page 7 Advertisements
    • 474 7 Tf. h h e National Momi-Momi. ~~1 Ministry of Health indicate that stress-induced diseases (like heart disease) »C IVi3SS3g6 LoUllg6r. have risen to 121 per 100,000 in 1988. Usjng prjncjp|e Qf orjenta| finger pressure e massage, the Momi-Momi Massage Lounger helps relieve X" Symptoms of stress. muscle stiffness and fatigue
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  • Page 8 Advertisements
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  • Page 9 Advertisements
    • 212 9 There's Something Hatching In Singapore... ...and you are invited to join us to celebrate the birth of the newest member of the AST family America's innovative PC supplier, AST Research, will open the doors of its brand new marketing and support office in Singapore with a gala celebration and exhibition
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  • THE WORLD 1
    • 464 10 Recovery pegged to resolution of Gulf crisis Reuter THE US ECONOMY will probably rebound from its current slowdown by the middle of next year once oil prices decline, says White House chief economic adviser Michael Boskin. But a drop in oil
      Reuter  -  464 words
    • 335 10 Reuter MEXICAN President Carlos Salinas de Gortari acknowledged that a proposed USMexican free trade accord could prompt a loss of jobs in the United States. But he said the jobs would be lost anyway and overall free trade was positive for
      Reuter  -  335 words
    • 351 10 AP A SOVIET NEWSPAPER has urged the Kremlin to move slowly on the new union treaty, saying only the country's four Central Asian republics appear willing to support it for now. The long-awaited treaty, which would redefine the central government's relationship with
      AP  -  351 words
    • 239 10 AFP SOUTH KOREA'S recent diplomatic successes with Eastern Europe and China have paid off in trade, which has soared between the former foes, a government report said yesterday. The Economic Planning Board said in a report that trade with East European countries,
      AFP  -  239 words
    • WORLD WATCH
      • 81 10 JAPAN'S economy remains strong now but its future trend bears watching as corporate managers have become more cautious. Bank of Japan (BOJ) governor Yasushi Mieno toki a press conference in Tokyo yesterday that economic trends in the next year bear watching closely but cautiousness among
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      • 55 10 BRITAIN'S economy will not start growing until the second half of next year, not enough to prevent a one-per-cent drop in output for 1991, Britain's employers association said yesterday. The assessment by the Confederation of British Industries contradicted the government's estimate of 0.5-per-cent growth of the Gross
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      • 70 10 MINISTERS of Japan and South Korea met in Seoul yesterday on the first dav of a Cabinet-level conference to discuss a wide range of issues affecting the uneasy bilateral relationship. Tokyo's rapprochement with North Korea and Seoul's establishment of relations with Moscow, Japan's growing trade surplus
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      • 68 10 PRESIDENT Carlos Menem was to sign a decree yesterday including a plan to cut 120.000 state jobs, nearly one-fifth of Argentina's central administration staff. "This decree aims at transfering to the private sector as many state employees as possible, with a limit of 120.000 in three
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      • 67 10 PRESIDENT Vaclav Havel's Civil Forum party remained on top in Czech regions in Czechoslovakia's first free local elections at the weekend, although its majority was less than that in last June's parliamentary polls. Officially organised exit polls released on Sunday show the Civil Forum obtaining
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    • 440 11 Gatt proposals pose danger for EC and US Reuter LURKING BEHIND the jargon of global trade talks due to end early next month are two proposals which could mean thousands of job losses in the European Community and the US. Supporters say
      Reuter  -  440 words
    • 315 11 The Gulf Crisis AFP THE US will seek United Nations approval this week of a resolution authorising the use of force against Iraq if it fails to withdraw from Kuwait by Jan 1, US officials said on Sunday. US Secretary of
      AFP  -  315 words
    • 249 11 AP IHE DOLLAR, the hated and admired symbol of American power, is the currency of choice on the streets of Baghdad, where UN sanctions have rattled the already shaky Iraqi economy. In ever-increasing numbers, Iraqis approach foreigners, risking lengthy prison sentences to buy
      AP  -  249 words
    • 460 11 Reuter THE WORLD'S poorest nations fear they will be ignored when 107 countries gather in Brussels next week to wind up four years of talks aimed at setting rules governing trade into the next century. "We arc not very confident. We
      Reuter  -  460 words
    • 305 11 Reuter SOLIDARITY leader Lech Walesa has won the first round in Poland's presidential election but faces a runoff against emigre businessman Stanislaw Tyminski, according to partial results released yesterday. The official news agency, PAP, said final results from 40 of Poland's 49
      Reuter  -  305 words
  • Page 10 Advertisements
    • 151 10 g &k JU > ~¥m -^^P v #Jii| Sl§SPB^' ijp »y§HM^^S9|K^^^^^^^H ,4^SHfe4:- -'W&r 4Hn3SssSsirr.? l :^9F >Tr IliaiilMr ,11,, 1. 11 t Well suited to the business pocket. v* t x >< Unlike other luxury hotels that boast every luxury (at equally luxury prices), we believe that the Carlton is
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  • Page 11 Advertisements
    • 332 11 I 11 December 1990 ALe Meridien Singapore 12 December 1990 A Hotel Borobudur Jakarta HAn Important One-Day Bnefing by our The panelists are authoritative panel from the Indonesian t i v f B Directorate General for Customs Excise as well uo u Director, Customs H as trom industry. Directorate General
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    • 220 11 Lotus 1-2-3 release 3.1 leaves very little to the imagination. WYSIWYG (What You See Is What You Get) incorporating true 3-D technology in an Interactive Graphical Environment comprising basic word processing functionality in your worksheet, relational database capabilities, file linkage, and much, much more... And at Primefield this is only
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  • 433 12 EDITORIAL TODAY members of parliament ot Britain's Conservative Party cast their votes in the second round of balloting to determine the next party leader and prime minister. The successful candidate will succeed Mrs Margaret Thatcher, who stepped down last week. Even Mrs Thatcher's bitter critics described
    433 words
  • WHAT THE OTHERS SAY
    • 237 12 LEADERS of Eastern and Central Europe fear Europe may split into a rich and poor Europe. The primary problem in their countries is economic, but there are already signs that the economic crisis is reviving old animosities which, if not contained, could shape into a fascist subversion
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    • 130 12 OVER the weekend, Singapore and Malaysia signed water and natural gas supply agreements at a ceremony witnessed by the leaders of both countries. The securing of the supply and good relations between Singapore and Malaysia is yet another one of Mr Lee Kuan Yew's important contributions
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    • 114 12 ITs timely that the HDB improves its efficiency. The next target should be to pass the savings to residents. As a major developer, however, there are at least two main challenges for HDB meeting the needs of more affluent Singaporeans and an aging population The housing enhancement
      114 words
  • REGIONAL VIEWPOINTS
    • 136 12 THE DEPARTING Prime Minister, Mrs Margaret Thatcher, will be remembered in Hongkong as the leader who cut the territory from the British apron strings and set it on course towards a more mature and assertive society. The Joint Declaration that she co-signed in December 1984 and
      136 words
    • 185 12 THE BANK of Thailand announced a new interest rate structure for both deposit and lending. For people who have money, the increase for deposits hardly stimulates their heartbeat. For borrowers who seem to perpetually rely on loans from commercial banks, the news of an imminent increase would
      185 words
    • 186 12 NO 10 DOWNING Street will have a new occupant for the first time in more than 11 years as Mrs Margaret Thatcher bids goodbye after reshaping Britain and helping to end the bitter Cold War. Her impact on the country will, however, be felt long after
      186 words
  • 713 12 The Conservatives pick a new leader today. All three challengers have 'impeccable Thatcherite credentials'. Therefore, no drastic economic changes are expected AP OF the three contenders to succeed Margaret Thatcher as prime minister, former Defence Secretary Michael Hcseltinc would bring in the biggest
    AP  -  713 words
  • Page 12 Advertisements
    • 135 12 v*v» v* v* s i- i *r~~ fcj I I w Ir* V i v t* nWMnioirrP^ v *j-riffTi *7fV rfSPHDWBir^^ ti',AV /f gjf H jLv il 1 «*J: 4^^Sfi i 1 pil Hk \W| s2\t i kW« I If you're in the market proven reliability and back- After all,
      135 words
  • Page 12 Miscellaneous
    • 59 12 DOONESBURY by carry trudeau IsT I I UJAStfT B&N6 TWS TO BUT TH6NI GOT STRttdD WHAT -wl I A/y PHNC/PUS, WHICH CUT OVBRfT. I MEAN .WAS DOXXJ U&V> mm TUUN6MZTHATA IF£ALVf BBHGPFINOPIW THINK, (mwe IN&T PROFIT POSITION MJAStfT ORHJASIJUST G&&7/?- GROUP* s TALKAOOUT n I GOT IN TOUCH WITH j
      59 words

  • ANALYSIS
    • 573 13 More and more Japanese are going abroad and the record 10 million-mark is expected to be cleared sometime early next month THE number of Japanese expected to travel overseas during the year-end holidays may be a record number as a recently added
      573 words
    • 827 13  -  Vietnam is facing three major elections next year. Harish Mehta, in Ho Chi Minh City, looks at the present political structure in the country, its ageing leadership and the possible outcomes of the elections Harish Mehta, THE coming year promises to be good for
      827 words
    • 489 13 Horror stories belie the single market spirit of the EC FT European community citizens who want to go on holiday in other member states, send relatives birthday presents across borders, get buried in another community country, or simply want to nip over the border
      FT  -  489 words
  • Page 13 Advertisements
    • 10 13 SINGAPORE business A MONTHLY MAGAZINE OF BUSINESS TRENDS NOVEMBER 1990
      10 words
    • 125 13 ''-Ccl > g| ,m» '^Ktsfll BALLY BOUTIQUE n SINGAPORE Shaw Centre/Raffles City/Royal Holiday Inn BALLY AUTHORISED DEALERS Singapore Daimaru Djien Boutique isetan Branches DFS Branches Studio Accessories Hyatt Hote Sogo Paragon Scotts Weitnauer. Changi Terminal 2 MALAYSIA Baily Boutique. Lot 10 Shopping Centre/Jorvan Shoe. Kuala Lumpur Plaza JAKARTA Bally Boutique
      125 words

  • INNOVATION & TECHNOLOGY 1
    • 667 14  -  By working closely with suppliers, Apple has managed to produce its Macs cheaply and in record time. Claire Leow reports Claire Leow WHEN Apple Computer launched its range of low-cost computers worldwide last month, it was the best piece of news in a long time from
      667 words
    • 394 14 NYT IN THE GLASS and steel buildings beyond the green lawns of the Hsinchu Science Park, Taiwan is trying to stage a new industrial revolution. Instead of toys, companies here arc making personal computers. Instead of electronic gadgets, they are making satellite receivers.
      NYT  -  394 words
    • 345 14 THE CHEAPEST Mac ever put on the computer market is doing what it is meant to do sell. Since its birth last month, 150,000 units have been sold worldwide in one month, said an official at its local operations where two of the
      345 words
    • 716 15 William Gates has revolutionised the computer world with his Windows program. Now he wants more. He wants to make information available at your fingertips NYT IS WILLIAM H Gates the most powerful man in the eomputcr industry? Many people describe the chairman
      NYT  -  716 words
    • 487 15  -  It is all too easy to rush into computerisation and then find that it hampers rather than helps the business. Kenneth James talks to an expert who specialises in helping firms forge the winning link between IT and business strategy. ■T MATTERS
      487 words
    • 350 15 Reuter JAPAN, now more of a pioneer than a copycat in high-technology research, is finding that developing advanced technologies can be a costly gamble. Not so long ago, the goal of Japanese research consortia was mainly to absorb and diffuse commercial technologies already
      Reuter  -  350 words
    • TECH TAKES
      • 59 15 THE NATIONAL Computer Board is organising a two-day "IT Seminar for Wholesalers" this Friday to promote the use of information technology to enhance business. Besides case studies, there is also an exhibition featuring hardware and software solutions for wholesalers. The seminar and exhibition is
        59 words
      • 55 15 AST ASIA opens its Singapore office today. AST was founded in 1980 in California as AST Research to develop personal computer enhancement products. It has since grown to design and make high performance PCs and peripheral products with a revenue of U*****.8 million for the
        55 words
      • 71 15 Reuter SAMSUNG Electronics, part of South Korea's huge conglomerate Samsung Group, has developed a large-capacity P-SRAM memory chip, a Samsung spokesman said in Seoul last week. He said the South Korean firm was the first outside Japan to develop the one-megabit P-SRAM (PseudoStatic Random Access Memory)
        Reuter  -  71 words
  • Page 14 Advertisements

  • Page 15 Advertisements
    • 215 15 4th Dec 90 Morning Session sth Dec 90 Morning Session EXIS, An Executive Information Windows 3.0 and Management LV vs Macintosh OS by Mr Tham^aHChoy' by Mr Wilson Tan, PteLt Consultants (D Growing i Experience i Of Apple j National Science Park Application J Solutions December f Software in the
      215 words

  • FOCUS
    • 1102 16  -  Daimler-Benz was very much in the news recently when it entered into a cooperation agreement with Mitsubishi Corp of Japan. But what is there in the deal for Germany's biggest company? Reginald Dale and RicharaSmith find out from the company's chairman Edzard
      IHT  -  1,102 words
    • 599 16 IHT THE LINK between Mitsubishi Corp and the Daim-ler-Benz group reflects a broad desire among Japanese corporations for closer links with Germany because they sec the newly unified nation as the future centre of European economic activity, analysts said. The pact also will serve
      IHT  -  599 words
  • Page 16 Advertisements

  • SPORTS
    • 554 17 AP NICK FALDO got wet. Jack Nicklaus got antsy. And, finally, Curtis Strange got a victory. "It's always great to beat the best player in the world," Strange said after he'd gone four extra holes on Sunday to subdue Nick Faldo of England in golfs Skins
      AP  -  554 words
    • 287 17 AFP THE longest, and perhaps most intense, rivalry in tennis will be renewed this week when the US hosts Australia in the Davis Cup finals in Florida. The Americans, who last reached the finals in 1982 when they beat France 4-1, lead the head-to-head
      AFP  -  287 words
    • 449 17  -  Paul Ramani reports on the recently-concluded Formula One powerboat championships Paul Ramani VETERAN powerboat racer John Hill proved that there is life after 57 when he won the Singapore leg of the 1990 Caltex World Formula One powerboat championships at Marina Bay during the weekend. Not
      449 words
    • SIDE LINES
      • 92 17 THE International Amateur Athletic Federation (lAAF) may replace smear tests for female competitors with a general health check for both men and women. Senior athletics official Ame Ljungqvist said in Stockholm during the weekend that a decision to abandon the present chromosome smear
        92 words
      • 84 17 MARKKU ALEN, the driver with the most victories in auto rally history, sped to a three-second lead over Finnish compatriot Juha Kankkunen on Sunday's first day of the Lombard RAC Rally in Harrogate. Alen, who has won a record 19 world championship rally races, won
        84 words
      • 45 17 GUNDA KLEEMANN of Germany swept two races on Sunday and finished a weekend of women's World Cup speedskating racing in Berlin with three victories in four events. Kleemann on Sunday won the 1,000 and 3,000-metre races, adding to the 1,500-metre victory on Saturday.
        45 words
      • 60 17 AUSTRIAN Bernhard Knauss swept to his second victory in as many days on Sunday, finishing first in 10 straight runs to win America's Opening Pro Cup slalom in Utah. Knauss also won the giant slalom on Saturday. Knauss, who finished second overall on the men's US Pro Tour
        60 words
      • 64 17 THE Soviet Union swept all four matches to win a World Cup Greco-Roman wrestling meet on Sunday ahead of Cuba and the US. The US, which had lost to the Soviets and Cuba on Saturday, beat host nation Sweden 24.5-13 and Iran 25-5 during the final session
        64 words
      • 152 17 TWO New Zealand mountaineers have less than three weeks to climb one more mountain to become the first to scale the summits of the seven continents in seven months. If they reach the peak of the Vinson Massif in Antarctica by Dec 10 it will be seven
        152 words
  • Page 17 Advertisements
    • 19 17 i\ai.^i%ii^i^>. a^sd^^PgjptpMßEHi^MMjg^^Wyv^^^^a^BHßnß 11 I 4 t Available exclusively at: The Paragon, The Shopping Gallery at the Hilton, Palais Renaissance.
      19 words

  • Page 18 Advertisements
    • 242 18 WHERE TO WINE, DINE AND ENTEBTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some of our best advertising is by w*d~of~ mouth. "SMHMHHHMHMBHHI For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations. *****100r 338 8585 ext 1615d/6.
      242 words
    • 376 18 *************** l PLUM'S ********************1 l Singaporean High Tea Take your pick. Eat all you want. Relax and enjoy yourself The sandwiches are fresh and the beverages are hot. There's a host of Singapore "Makan Kechil". It's all part of the menu only for Plum's Singaporean High Tea. It's a fun
      376 words
    • 288 18 Seafood Theatre Restaurant Cantonese-Th» Cwsme <£?i MAKE NO BONES ABOUT IT. Vt- (XJ« SET MENUS ARE VAWE-fo*-MQN[Y. 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 as $50+ Tempted? Call Seafood-Theatre Restaurant,
      288 words
    • 387 18 N4 Oui! The best of French cuisine in one sitting. Pates, Cv terrines. escargots, canard a l'Orange, souffles and over 60 dishes at a price that won't cost you the earth. There's simply no other match. Au plaisir de vous voir! French Buffet Lunch 1-30 November '90 Noon 2.30pm Adult:
      387 words
  • Page 18 Miscellaneous
    • 687 18 TELEVISION AND RADIO nil ■iiniiiiiiiiiiunn n »»t .x: mimiwiwn i' wmmmnhmmw «m*«hmtohiihih—i aaaMMMatimiv'tiMiiMMHW 0 w AT W ing man. Roseanne, however, 6.30 Religious Programme. BUSINESS ON RADIO I *Jk \7 VI I\\ll ll I 58C12 sees things difTerently and 6.45 Vtei Slid. CXr V d I d 111 l L
      687 words

  • LIFESTYLE
    • 638 19  -  The Singapore-born actress is anxious to break out or the roles she has been typecast in by Hollywood. Vernon Scott reports. Vernon Scott UPI The fine distinctions of racial discrimination assail actress Julia Nickson-Soul with monotonous regularity. Born in Singapore, NicksonSoul is a Eurasian in her mid-20s.
      UPI  -  638 words
    • 736 19  -  Paul Ramani goes on a dizzy ride through the Grand Canyon without leaving Singapore and finds out about its history and inhabitants Paul Ramani IHAD JUST watched Arnold Schwarzenegger's Total Recall and when they said I could experience a ride through the rapids of
      736 words
    • 545 19 CHATTERBOX IRELAND'S Prime Minister Charles Haughey says he will take all necessary steps to recover an important national treasure to be auctioned by Christie's in London. The necklace, or lunula, dating from about IBOOBC. was found in County Galway in 1975. Irish press reports
      545 words
  • Page 19 Advertisements
    • 257 19 AND ENTEBTAIN Set Your Heart On Our Set Meals. LL'NCH II 3CAM R» I VC 2JOPM.SIk.SC* W PtR I>tRSON ii-Tp DINNER: h KPM R) J*\ 10.KPM Jlfc SO. A PER PERSON. The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday, except Saturdays.
      257 words
    • 67 19 Sumptuous Teochew Cantonese Dian Xin Lunch from $2.40 Daily at Centrepoint: US-16 Centrepoint >5 Orchard Road Tel: 733 3338 fit 111 lUD Only on Saturday, Sunday L M Holiday at Battery Road:- IMIiSSLLIIi 9 Battery Road *B 1 -00 TEOCHEW CITY Straits Trading Buildin« Tel: 532 3622 SEAFOOD RESTAURANT Find
      67 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4483 20  -  By William Chia SHARE PRICES on the Singapore stock market fell as total turnover on the main board and the over-the-count-er market slumped to the year's lowest volume of 13.49 million units valued at $25.03 million. This was even lower than Friday's poor
      4,483 words

  • 3982 21 Main Board NatSteel 715 +15 +2.1% Roth Inds 50* 410 +14 +3.5% OUT 230 +13 +6.0% BAT 22* 360 +12 +3.4% Wepco 50« 500 60 IOVj +21.2% DBS Foreign 1010 +10 +1.0% Asia Pacific 830 +5 +0.6% FELS 50* 500 +4 +0.8% Keppel Corpn 494
    3,982 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 3796 22 Bernama CONTINUED lack of sup|X)H sent prices drifting to a lower close on a wide front in listless trading at the Kuala I umpur Stock Exchange yesterday. Fhe KI.SI Composite Index closed 4.14 points lower at 471.50 while the Industrial Index fell 5.67 points
      Bernama  -  3,796 words
  • Page 22 Advertisements
    • 250 22 The low-cost, elegant-looking electronic checkwriter makes cheque-writing easier, faster and error-free More more offices today are to electronic checkwriter chequewriting Hu Ml It's fast, error-free, safe, clean and MM easy-to-use W jNK \n «fc> Vfl No pre-inked ribbon No selector level to move No handle to pull. Simply key in
      250 words
    • 15 22 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times
      15 words

  • BT SHARE INFORMATION SERVICE
    • 162 23 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) SBS No* 21 lun 90 J2.928tf3.307) 11 5(12 9) 7(9) faber Merlin No* 13 )un 90 M$ 15,9811 l$44.540L) M Glass No* 9 Jut 90 M$/,434($9 030) 299(363) 16TE(16Tl> GK Gob
      162 words
    • 601 23 Singapore Stocks Last Full Year Company Penod Dile tear Net EPS Gross Met announced endnf (cenh) dv profit last year (S'000) leong Hut Interim Ma/ 30 Dec 89 5351(h) Spore land Final Nov 3 Aug 90 6 4(a) 75(a) 15.842 CM) Padiafinf Interim Nov 13 Dec 90 297
      601 words
    • 140 23 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) ttsian Oxygen Nov 21 Sep 90 M$38.140($31,062) 31 6(275) 463|(18) SPH Nov 9 Aug 90 $194 085($135,420) 54 8(38 8) 35h(25) lingui Nov 8 lun 90 MJ3.586L ($15 809L) -<-> EMS
      140 words
    • 748 23 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share CiC Wt Before 26'4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant phis $1 nominal amount of loan stock Chum Hup (totes Chum tie Wt
      748 words
    • 222 23 Cold Storage Holdings Ltd: AGM at Le Meridien Singapour, Lafite (Level 3), 100 Orchard Road, Singapore 0923 on Wednesday, Nov 28, at 12 noon. Boustead Hotdngs Bhd: 29th AGM at Menara Boustead (28th Floor), 69 Jalan Raja Chulan, ***** Kuala Lumpur on Wednesday, Nov 28, at 12 noon
      222 words
    • 226 23 Comoanv Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) B Sembawang No, 22 Sep 90 $724($11 76/) 35(20) Golden Hop« Nov 21 Sep 90 MS30.248(S60.111) NYA(3 Kinta Hellas Nov 17 Sep 90 M$7,085($383l) GB Hides Nov 16 Sep 90 $4,541 ($7,876) 2.5TE(2.5TEa) Rothmans Ms,a Nov
      226 words
    • 159 23 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hifh: 1435 43 (16/7 90) 1990 Nth: 1607 12 (27/3/90) 1990 low 981.07 (09/11/90) 1990 low: *****0 (11/10/90) 1989 hgh: *****0 (28/12/89) 1989 hi«Ji: 1487.76 (26/12/89) 1989 tow- 917 42 (4/1/89) 1989 low: 1030.69 (4/1/89) 1988 hifh: 1043 86 8/8/88)
      159 words
    • 509 23 Nov 23 The Cycle ft Carriage (C&C) group has launched a $95 million residential proiect. Hillview Villas, as part of a massive property development programme. Nov 21 Amcol Holdings has teamed up with Science and Engineering Investment to redevelop the former Rex Theatre site at 2. Mackenzie Road,
      509 words
    • 325 23 Company Rights Issue CUM Five tor tour M$4 00 per share Ex-date: Nov 23 Books dose Dec 7 Acceptance Payment NY A Emtei One toe one MSI 00 pet share Eidate Nov 5 Books close Nov 19 Acceptance Payment Dec 31 M Barking One tor two MS5 00
      325 words
    • 667 23 Current Ex Books Date Total for Total for payment date close payable the year last year AJS8 10" (b) lan 4 Ian 18 Ian 78 10% 17% Amal Steel 12 6%(b) No* 29 Dec 13 lan 21 12.6% 8%TE Ant ah 6%(b) Nov 22 Dec 6 Dec 28
      667 words
    • 459 23 Company Rights Issue Alcorn One-tor two (n MSI 00 per share Issue of 40m Cumulative Redeemable Preference Shares of MJO 10 each at MSI per share with 10m detachable TSft Bolton One for four «ri MS? 00 per share Causeway kw Three for four SO 60 per share
      459 words
  • Page 23 Advertisements
    • 42 23 NATIONAL UNIVERSITY OF SINGAPORE PUBLIC LECTURE PROF ALEXANDER GOEHR H LEE KUAN YEW DISTINGUISHED VISTTOR Music in a Technological Age Tuesday, 4 December 1990 jbTlfy. 6*oo pm Lecture Theatre 13, Kent Ridge Campus j Yil/ i }t I j I Business Times
      42 words

  • STOCK EXCHANGE OF HONGKONG
    • 2304 24 SHARE priccs ended lower yesterday after rebounding slightly on a technical correction in sluggish afternoon trading, dealers said. Bargain-hunters gave a small boost to the blue-chip Hang Seng index from an all-day low of 2,983, but dealers said they expected the market's downward
      2,304 words
  • Page 24 Advertisements
    • 92 24 1 Ml We're captivatcd to know that once again the standards of Omni Marco Polo Hotel, Singapore have been recognised. The readers of "Executive Travel" and clients of "Expotel OMNI MARCO POLO HOTEL voted us a winner in "Overseas Best City Hotel" category at the London Hotel of The Year
      92 words

  • TOKYO STOCK EXCHANGE
    • 2248 25 Reuter TOKYO stocks closed higher yesterday on a largely technical rally in the bond market. But underlying sentiment was cautious and trade thin ahead of a United Nations Security Council meeting on Thursday at which the US will seek approval to
      Reuter  -  2,248 words
  • Page 25 Advertisements
    • 152 25 ---J ■war .ir Tr 11 ■Hnpi Photography. HMZ. SINT TRUOEN. FLANDERS 7/*\ So, enjoy their brilliant play. But know that Vf Flanders has other world champions, too. In alternative energy, for example, where our d I windmills make the most economical, state-of-the-art wind farms. They are preII IV L#V I
      152 words
    • 326 25 Read Chartpoint, a guide to investing in the stock Market. Every Saturday in Business Times HONG KONG INTERNATIONAL oB|| A m m m M J W JEWELLERY SHOW 111 l I a '4g2pl .'"jUP MEET hundreds jiSTBi 4 MONO KONG •TTEBHATIOHAL —w■■■ M A JUP I s ss ~l Of
      326 words

  • REGIONAL STOCK MARKETS
    • Market ends lower on lack of interest
      • 985 26 AUSTRALIAN shares closed weaker yesterday on a lack of offshore direction after arbitrage-linked selling dominated afternoon trade. Brokers said afternoon session program trading saw the premium between share price index futures and the physical market narrow. "As the market stalled on lack of interest the premium closed up. In
        985 words
      • 664 26 THAI stocks plummetted across the board yesterday as investors scrambled to liquidate their portfolios on last week's announcement of higher lending and bank deposit rates, brokers said. The SET Index lost 37.10 points to close at 601.85. Declines led advances 160 to 1. Most active were Asia Securities, Bangkok
        664 words
      • 340 26 PROFIT-TAKING pulled Taiwan stocks sharply down, but dealers said the market was poised to go up again after a correction. The weighted index finished 218.22 points, or 4.5 per cent, lower at 4,582.86 compared with Saturday's 4,801.08 close. Turnover was NT573.69 billion against NT577.15 billion. Dealers attributed the losses
        340 words
      • 822 26 SEOUL stocks held above the 680 level on the composite stock index in moderate trade as the stock stabilisation fund bought actively to counteract falls on news of higher domestic oil prices, brokers said. The index ended the day up 1.64 points to 680.56, after dropping over seven points
        822 words
      • 464 26 PHILIPPINE shares closed mostly low- cr yesterday with traders worried about the possibility of war in the Gulf if the conflict is not settled peacefully soon, brokers said. Some oil issues bucked the trend, gaining on speculative buying after a morning report of better oil shows at an exploration
        464 words
      • 280 26 NEW ZEALAND shares slipped slightly in what brokers said was a disappointing performance given the interest rate rally of late last week. The Barclays estimate eased 2.19 points to 1,304.18. Bond yields rallied about 20 basis points on Friday, but stalled on Monday as the credit markets awaited
        280 words
      • 573 26 Reuter TRADING was very active on the Jakarta stock exchange, bringing volume up to 1.71 million shares from 1.20 million on Friday. Prices closed mixed, with the official index easing 1.33 points to 389.66. Favourite share Inco was the most actively traded on the regular market at 300,000 shares,
        Reuter  -  573 words
      • 437 26 (Iii*' Previmts Nov 26 SYDNEY All Ordinaries Index I..155.4 1.166.6 -11.2 All IiuIiinIii.ils Index 2.04«).6 2067.8 -18.2 All Resources Index 818.7 824.7 -6.0 Turnover (nullum) 61.68 58.24 T 3 44 BANGKOK SKT Index *****. 6M.95 -37.10 Turnover <million) NA 20.65 JAKARTA Composite Index 38<).66. 390.'W -1.33 Turnover (nearest INK)) 1.710
        437 words
  • Page 26 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1005 27  -  THE SANGK^NCjL By David Gabriel Using technical methods, the Sang Kancil weekly report tracks the profit/loss position of a $50,000 deposit, leveraged up to 10 times, for trading in a portfolio of deutschemarks, yen, sterling, Swiss francs, Nikkei Stock Index Futures and
      1,005 words
    • 388 27 Cross rates Nov 26 USS SS MS Dm Yen SFr AS NZS US$ 1.7090 2.6815 1.4840 127.65 0.5088 1.2580 1.3063 1.6313 SS 0.5851 1.5690 0.8683 0.7469 0.2977 0.7361 0.7644 0.9545 MS 0.3729 63.73 0.5534 0.4760 0.1897 0.4691 0.4872 0.6084 Dm 0.6739 1.1516 1.8069 86.02 0.3428 0.8477 0.8803
      388 words
    • 564 27 Interbank rates S$ Bid Offer Overnight I 1/2 2 1-month S 11/16 5 11/16 2-month 5 13/16 5 15/16 3-month 5 13/16 5 15/16 Overnight mode: 4-1/8 US& Bid Offer 7 days 7 13/16 7 15/16 1 month 7 13/16 7 15/16 2 months 8 1/8 8 1/4
      564 words
    • 753 27 FOREX MARKET REPORTS THE US DOLLAR was steady at the start of European trade yesterday, with dealers expecting the US currency to hold to fairly narrow ranges against most major currencies. "It looks as if position adjustment is the name of the game at the
      753 words
    • 1232 27 SIMEX EURODOLLAR Open High l ow Sett Est Vol ()p/lnt Vol IXx 90 91.97 91.98 91.96 9197 940 ***** 466 Mar 91 92.46 92.46 92.45 92.46 3200 ***** 594 Jun 91 92.55 92.55 92.54 92.55 1250 7231 243 Sep 91 92.52 92.53 92.51 92.52 140 2862 88 IXx-91
      1,232 words
  • Page 27 Advertisements

  • COMMODITIES
    • 282 28  -  From Harish Mehta in HO CHI MINH CITY VIETNAM will join the international coftec organisation before the end of the year in a move that will stimulate its coffee industry's exports. A senior ICO official is now touring Vietnam with a view to analysing
      282 words
    • 461 28 Reuter INCREASES in European coffee stocks have resulted in the noticeable absence of seasonal buying from merchants by European roasters, say London traders. "Purchases by roasters so far have been very slack compared with previous years," one trader said last week. "But you have
      Reuter  -  461 words
    • 844 28 REPORTS GOLD closcd in Hongkong yesterday at the day's high on overseas demand, particularly on European interest, which dealers said was sparked by firmer crude oil prices and renewed fears of war in the Middle East. Bullion ended at U*****.00/50 an ounce against New
      844 words
  • 1423 28 Rubber Nov 26 MS(fcfchi Hw) S ccnts/kg Noon Close Int I RSS Prompt 155.25/156.25N 155.5<V156.50N Int I KSS Dec 90 I55.2VI55.75 155.50/156 50N Int I RSS Jan 91 155.75/156.25 156.00/156.50N Int 2 RSS OP 149.50/151.50N I49.7V15I.75N Int 3 RSS OP 144.50/146.50N 144.7VI46.75N Int 4 RSS OP 140 50/142.SON I40.7VI42.75N
    1,423 words
  • Page 28 Advertisements
    • 696 28 MOnCES P HUM PROCESSING (PTE) LTD IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY < *IVEN that pursuant to Section 308(2) of the Companies Act, Cap 50, the final meeting of the Company will be held at I North Bridge Road #1907 High Street Centre, Sin•j.ipore 0617
      696 words
    • 566 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF HYGAEA SINGAPORE PTE LTD (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the members of Hygaea Singapore Pte Ltd convened and held at One Raffles Place. #40-00 OUB Centre, Singapore 0104 on 22nd
      566 words
    • 7 28 Executive Jobs every Saturday in Business Times
      7 words

  • THE TRAVEL PAGE
    • 1025 29 City Flight ETA Flight ETO Abu Dhabi GA893 1235 GA892 0035 GA886 2220 GA974 2135 Adelaide SQ228 1910 QF82 2115 QF7 2155 Amsterdam GA893 1235 KL838 0115 KL837 1505 SQ24 2215 SQ23 1815 GA974 2135 Athens SQ24 2215 Auckland NZ35 1625 NZ36 2359 SQ388 2045 Bandar
      1,025 words
    • 788 29  -  LETTER FROM HAITI By Nicholas Haslam I HAD always wanted to visit Turtle Island. Discovered by Columbus in 1492 off the north coast of the island he named Hispaniola. it had become, in the 16th century, a base for pirates who harried the treasure-laden galleons of
      788 words
    • 151 29 As at 3pm yesterday: l/»cal dollars to one unit of foreign currency C urrencics Bid Offer Australian dollar 1.3010 1.3210 Canadian dollar 1.4600 1.4800 NZ dollar 1.0330 1.0630 Sterling pound 3.3500 3.3700 US dollar 1.7050 1.7150 IaoiI dollars to 100 units of foreign currency Austrian schilling 16.10
      151 words
    • 229 29 Duration Title Venue Organiser Duration Title Venue Organiser Tel Oct 4-7 Commlcl Asia "90 Hongkong Business *****00 Feb 9-17 The International Hamburg Hamburg Messe *****569-0 Convention Industrial Trade W Tourism, Caravan Und Congress Exhibition Fairs Pte Ltd Automobile GmbH Centre Exhibition Dec 5-7 International Stockholm Stockholms- (46)8/*****00
      229 words
  • Page 29 Advertisements
    • 245 29 Meet the Leaders in the Oil Gas Industry at the Bth Offshore South East Asiat^ J Conference Exhibition J 4-7 December 1990 World Trade Centre, Singapore Get a comprehensive Marine design and construction r t t i Exploitation and reservoir characterisation UpQ3te Oil technology at this General exploration major conference
      245 words
  • Page 29 Miscellaneous
    • 256 29 5 Bowled over by sale price —LJ—UJ goods, perhaps (7,4) 9 Very near to being friend- 9 10 Once placed with others guarding a no-go area (4) 11 Another turnover at the B on the march JBB this creature (4) is ~~I I I I 15 Mimic in role 17
      256 words
    • 214 29 Singapore Outlook: Showers over several areas in the late morning and early afternoon. Forecast: Maximum temperature 31.6* C Assoc humidity 72% Minimum temperature 23.4* C Assoc humidity 97% Hours of sunshine 5.80 Rainfall in mm 2.5 Rainfall this month 177.8 Rainy days this month 16 World report Asia-Pacific Hi/Lo* Cond.
      214 words
    • 36 29 I'LL. Po? CLOQS THe YO LIKE Tu)o LRRG£ S»"Z£. iwl ?ough \'ro IM For CWtM»€T (Pills the. Botylss or coug« xfuße. QDLO oeT THREE. CLeHK-Si** ST,NK suppues V3oxe* OFTissues C CVENMO STAMOARO CO LTO IM3-IMO 8304
      36 words

  • 398 30 The Gulf Crisis Agencies CANADA'S Foreign Minister has warned that it would be "a serious mistake" to treat as a bluff a US-proposed UN resolution authorising force to dislodge Iraq from Kuwait by a Jan I deadline. Mr Joe Clark warned
    Agencies  -  398 words
  • 317 30 AP MICHAEL Heseltine, whose leadership challenge spurred Margaret Thatcher's departure, and Mrs Thatcher's apparent top choice, Mr John Major, yesterday both claimed to be leading in the three-man race to succeed her as prime minister. Opinion polls published in weekend newspapers showed
    AP  -  317 words
  • 300 30 AP IN THE largest Japanese purchase of a US company, Matsushita Electric Industrial Co yesterday announced it was buying MCA Corp, owner of Universal Studios, for US$6.O6 billion. Matsushita, a US$27 billion giant known for such brand names as Panasonic, Quasar and Technics, is
    AP  -  300 words
  • 653 30  -  The Bottom Line LINDA CHEE LINDA CHEE The writer is BT's News Editor (Transport Communications) POLICY MAKERS arc in their sccond year of tussling over the development of Singapore's precious waterfront space on the western end of the island. Large tracts of land from Kcppcl Road through Pasir
    653 words
  • Page 30 Advertisements
    • 238 30 PiageT fMIIJ.IFR FN IK MiIKIFKIF IMI 7V1574 (JFNFVF siMi£P kJhk llm 1 Mt:\ |9 i i nffSraW IHK AIL <^IHIBH HVU -'-/Mr •■iWilfw^V'* T*i HMg? y-|» 111 yI ,> Mid CIUD Space age technology. Brought down to Earth by ENA. Finally, a carbon-graphite fiber developed Dy NASA for outer space
      238 words
    • 11 30 US to seek Jan I deadline for Iraqi withdrawal, Pg 11
      11 words
    • 45 30 PrgeT miujm en mmxiEßiE imus m GENEVE p "THE FLIGHT" J t i "THE DESTINATION" HOTELmOENIX SINGAPORE Orchard Road Somenet Road, Singapore 0923. Telephone *****66. CabU FEE NIX, T,i<, FEEN/X RS 237/8. T<Ufax *****24 A <*f the (mmp A Superior First-Class Hotel on Orchard Road
      45 words

  • Shipping Times
    • 497 31  -  By Selva Kumar AFTER growing at a healthy pace in the last three years, Singapore's warehousing industry may be heading for a glut next year. Warehousing occupancy rates, maintained at an average of about 96 per cent since January 1989, dropped by 2.8
      497 words
    • 403 31  -  By Dexter Lee SHIP classification society American Bureau of Shipping (ABS) has returned firmly into the black with its first clear operational surplus since 1982. ABS chairman and president Frank larossi told BT that its turnover is expected to grow by
      403 words
    • 404 31 HONGKONG'S Chief Secretary Sir David Ford has indicated that the Chek Lap Kok airport's new runway may be completed only after the target year of 1997. At a briefing of about 300 District Board, Urban and Regional Council members on
      404 words
    • 277 31 THE Central Java administration has launched a series of road projects costing over 10 billion rupiahs in the city of Semarang. Gatot Sunaryo, head of the provincial public works office, told reporters in Jakarta last week that the six-km-long Semarang northern ring road, stretching from
      277 words
    • 349 31  -  From Skirish Nadkarni in BOMBAY THE Shipping Corporation of India (SCI) has abandoned the proposed expansion of several of its passenger services, including the MadrasSingapore run. Studies indicated that the services were unlikely to be viable. Revenue projection for the proposed MadrasSingapore run went awry after
      349 words
    • 438 31 THE Thai government has formed a special force to combat pirates who this year have reportedly plundered millions of tonnes of agricultural goods from boats on a river in Bangkok, customs officials said. From last Saturday to Jan 14 next year,
      438 words
    • NEWS SUMMARY
      • 100 31 FLAG-CARRIER Garuda Indonesia is projecting that revenues for this year will jump over 30 per cent to US$l.4 billion. Garuda president director Suparno was quoted by the Kompas daily on Saturday as saying that the company's revenues were expected to rise from the 1.9
        100 words
      • 40 31 IN THE FIGHT for a larger share of the local market, US airlines have tried to outdo one another in providing special offers to potential customers. This contest has now turned into a free-for-all. Page 2
        40 words
      • 58 31 AN AUSTRALIAN quasi governmental pricing watchdog committee has called for a public inquiry into ocean freight rates charged by international shipping companies for cargo imported into and exported out of the country. The call was made in a report on the stevedoring and
        58 words
    • LOG BOOK
      • 174 32 THE newly-privatised Aerolineas Argentinas is negotiating the sale of a 19 per eent share in the airline to a group of Freneh banks, the airline's president Amadeo Rivas said. Mr Rivas declined to identify the banks involved in the negotiations with Aerolineas Argentinas,
        174 words
      • 103 32 BAA, the former British Airport Authority, privatised in July 1987, announced a 10.2 per cent rise in pre-tax profits to £205 million for the first six months of its current financial year which ends next March. Turnover at £491 million was up 14 per cent, and
        103 words
      • 136 32 SOUTH AFRICAN technology firm Fintech Ltd is launching a 30-million-rand electronics joint venture, including a 7.4-million-rand investment from the French telecommunications firm Alcatel NV, a unit of Cie General d'Electricite. Fintech subsidiary STC Business Communications, which makes and supplies PABX systems, is part of the
        136 words
      • 163 32 AIR FRANCE ground staff at Nice voted to continue for an unlimited time a 10-day strike that cost the Riviera airport and city millions of dollars. Airport officials said 75 per cent of regular traffic was paralysed and all Air France and domestic Air Inter
        163 words
    • 1228 32  -  In the fight for a larger share of the local market, US airlines have tried to outdo one another in providing special offers to potential customers. This contest has now turned into a free-for-all, Eric Weiner reports. Eric Weiner NYT WHAT began as a small promotion
      NYT  -  1,228 words
    • 958 32 No* 28-29: Environmental forces on offshore structures and their prediction. The City Centre, 76 Mark Lane. London EC3R 7JN. (details: Society for Underwater Tcchnologv. 76 Mark Lane. London EC3R 7JN) Nov 29: Crewing what if any, is the dilemma. Royal Institution of Naval Architects meeting 1730 hours GMT.
      958 words
    • 12280 40 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,280 words
    • 3259 45 Containerline NV: Belsin Shpg Agencies Pte Ltd (SVManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (SVAccord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg (S). Albatros Sen-Air Service: Frata Shpg Pte Lid (S). .Alfred
      3,259 words
    • 242 45 Abacih Cowim Tel: 545-8011. Fax: *****98 Air Express Travd Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80. Airswift Worldwide Conner Td: 278-0188 Fax: *****83. AJS Supplies Td: 748-6322 (2 lines), 747-7421. Fax: *****75. City-link International Td: 344-3377. Fax: *****50. Cluster Link Supplies Services Td:
      242 words
    • 1481 45 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiiak Freight International Td: 545-8033. Fax: *****05. TeL < 542-59 l I. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express International Td: 542-7666 Fax: *****74,
      1,481 words
    • 2819 46 ARGENTINA San Port busy; five vessels operating of which 4 loading pellet iscd meal, I chemical products; 2 vessels in roads awaiting berths. Rusario: No vessels operating; 3 vessels berthed in ballast awaiting twders. V ilia Constitution: No vessels. San Nicolas: Four vessels in port of which I
      2,819 words
    • 648 46 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Tweendec Iters Cala Med item nea: 12,628 dwt and built 1974. sold for US$2.7 million. Iron Arnhem: 8,512 dwt and built 1973, sold on private terms to undisclosed interests. Tankers Iver Stane: 24,223 dwt and built 1972, sold to
      Reuter; AFP  -  648 words
    • 450 46 ARRIVALS 1 m Op Flight Type ETA From 1 S3 Bj TODAY TODAY JAL JL6I7 B747F 0200 NRT SIA SQ802 I747F 0230 SYD/AKL KAl. KE697 B747F 0220 SEL FDX FM66 3747F 0300 BKK/HKG/ NCA KZ205 B747F 0310 NRT NRT/ANC/ CLX CV796 B747F 2230 LUX/AUH/KUL ORD/JFK KAL KE697
      450 words
    • 355 46 CRUISE FERRY SCHEDULES CRUISE SHIPS Arr Dtp Name of Vessel ETA ETD Port Ageat Ports of Calk NOVEMBER 27 27 Royal Viking Sea 29 29 Andaman Princess 29 30 Cora Princess 30 30 Andaman Princess 30 01 Ocean Pearl 0800 0900 2100 1300 0800 2359 1500 0900 1800 1800 Barwil
      355 words
    • SHIPS IN PORT
      • 617 47 toad toy No Berth AnM Departue Vend toy No Berth fcrivd Departue Keood Wharves Amu 2 12 P2 2611/2359 2811/1500 fcrTfcng 2914 K31 atongside 2611/0700 W Gl 33E/90 P4B 2611/1500 27 11/1800 Kota Maiu E 8/5 *33 alongside 02 12/0600 Enlebe 14A P3E 27 11/0700 2911/2300 Hota
        617 words
      • 1259 47 m 3 FCL CONTAINERS AND La CARGl t td S*> Voy No Record Bookinf/Balance Etb/Btr Period From To Rstts From ACX lade 23A 29/0700 2 4 26/1700 27/1200 7/0659 7/1459 27/0900 27/1700 ACX Lotu s 66 28/0700 2 3 26/1700 27/0700 7/0659 7/1159 27/0900 27/1400 Al Mirqat 52A
        1,259 words
      • 241 47 Port Klang Berth at South Port on Nov 26: 1: nil; 2: Kyoei Maru No 1; 3: Vietba 04; 4: Hong King, Builder HI; 5: ml; 6: Kris Madura; 7 Hong Soon; 7A: Sri Nam Hua 4 KCT: 8: nil; 9: Melisa, Ocean Sinus; 10: Bunga Sero(a,
        241 words
    • 930 47 THE FREIGHT market ended the week quietly, due to the US Thanksgiving Holiday, but sentiment was firm, brokers said. Talk was circulating that the US Gulf/Continent grain route was firmer. A lump sum equating to around U5513.30, basis light grain, for end November-early December shipment was said to
      930 words
    • 342 48  -  From Florence Chong in SYDNEY AN AUSTRALIAN quasi governmental pricing watchdog committee has called for a public inquiry into ocean freight rates charged by international shipping companies for cargo imported into and exported out of the country. The call was made in
      342 words
    • 164 48 Reuter DUTCH shipping and transport firm Koninklijke Nedlloyd Groep NV said it may decide to open its energy division Nedlloyd Energy to outside investors, possibly by floating shares of Nedlloyd Energy on a European stock exchange. This could be one way of increasing
      Reuter  -  164 words
    • 148 48 Reuter VOLKSWAGEN AG (VW), vying with France's Renault for the Skoda car firm, is offering an investment of 10 billion marks to Czechoslovakia, the weekly news magazine Per Spiegel said. Spiegel said the investment included eight billion marks for Skoda and two
      Reuter  -  148 words
    • 309 48 BRITISH AIRWAYS (BA) has opened a new cargo hub at the Charles de Gaulle Airport in Paris to ease pressure on its truck operations at Heathrow Airport in London. The move will also allow the airline to make full use
      309 words
  • Page 31 Advertisements
    • 233 31 BSWK IMG METAL CO PTE LTD 13, TUA3 AVE StNOAPOfIE 22H TELEX H9 ***** SMMCPI TEL: 861 5855 (J lmM| TELEFAX:BBI J®*® sd\\ nW FuMrangaol VUlMitMTrc* I; m rssi gag /fiiiil I llll'l EMcMc hvkltt ■SI ||WIUB 1111 J OMILfO HH Tarqu- MmiAfOM. Malaysia Conwwtor lIIAILAMO, WWW* 0«MI LPG rwuvrMa
      233 words
    • 51 31 A* Forwarders 15 Air Fraght Schedule 16 Container Schedule 17 Couner Services 15 Cruise Ferry Schedules 16 Dariy Froghts 17 Index to Advertisers 3 Port Condrtions 16 Shipping Agents 15 Shipping Giude 10,11 Stvpsales/Tanker rates 16 Ships m Port 17 Singapore Tide 17 Transport Diary 2 Weather and Sea Condrtions
      51 words

  • Page 32 Advertisements
    • 88 32 FOR SUCCESSFUL MANAGEMENT OF YOUR uS,MiSS 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 look at
      88 words

  • Page 33 Advertisements
    • 2199 33 JAMMNE shipp.nc *~fsr fs 200 Cantonment Ruad #12 OS Southpomt, Singapore 0208 J.All If# Tel *****11 TELEX NO RS ***** f IlllAW TERMINAL CFS Tel *****18 220 F GOWU 'l BOOKINGS Tel *****34 235 tSAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4
      2,199 words
    • 1006 33 lINDEXI TOWWRIjSERS Page Col P»te Col lAI I 1 1 ABC' Container!inc 13 5 Mac-Nds Agcncics 14 1/2 Accord Group 8 1-3 Macolinc 18 2/3 Albatros Sea-Air 14 4 •Macrsk l ino 3 4/5 APL 5 3-5 MIS(' 14 1-3 AW Line 14 3 M'sia Shpg Corp 9 1/2 Arrow
      1,006 words
    • 2014 33 pQBHSBaiBa! Vessel Voy ETA I ETO 'Port "Penang DESTINATIONS Singapore Kelang rhio one* MaitukM M 9'o? Feeder by CV 4/1? 0800 MRS Farco CFS 3/12 rsa» MRS M Tauro OAK LGB NOU MEM AH MIA CMS BAi. PML NYC MON TOR MCKINNEY M 9102 In Pi 28/11 Sid |"sid IS/12
      2,014 words

  • Page 34 Advertisements
    • 1188 34 o- I ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE BREMEN EXPRESS 9*542 29m 24/12 18/12 20/12 17/12 23/12 BENALDER 98/546 2/12 >9''2 2 KATSURAGI 03/545 6/12 f 2 2 TOKYO BAY 02/550 9/12 27/12 29 2 HAMBURG EXPRESS 99'549 13/12 3/1 KURAMA 08/553 16/12
      1,188 words
    • 587 34 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I KLORKANA 21-28/11 10/12 12/12 17/12 ALSO ACCEPTINC CARGO VIA SUVA TO LAUTOKA. PAGO PAGO, APIA t NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I KLORKANA 21-28/11 30/12 31/12 4/1 Also accepting Cargo to CalUo (Peru) via Valpa Agents: SINGAPORE: *****56
      587 words
    • 1086 34 BffMAI HA Mont REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT PEL LHA (VIA (VIA (VIA ALG) HAM) ROT) NORASIA PRINCESS 9039-3 03/12 24/12 26/12 29/12 30/12 31/12 01/01 02/01 01/01 NORTH SEA (MOW 10/12 31/12 02/01 05/01 06/01 07/01 08/01 09/01
      1,086 words

  • Page 35 Advertisements
    • 1768 35 JsgSteamers Maritime Holdings Lldl PM) fITIWSTRAITS shipping! j siMMore t« BewMi East Malaysia, I Containers Ssum I ————————^c mj»yjliMPliftlSfillKfj'fe^EKßW>lliliiffl I ACCEPTS OUt SAILS I Voy No PKlanj Spwt S'W> H'bur| B'haven Rda* L«» CARGO I BREMEN EXPRESS »/542 ♦BOTH/11 »11 2*12 I*l2 21/12 W2 2*12 BINTANG BELAIT V2OE Binl. Min.
      1,768 words
    • 1278 35 TO: EUROPE TO: FAR EAST SPOKE HK KAO HOB 8U SP IH ROM HAM B HVN lIRE FU CHOYANG SUCCESS 0111 1/12 0/12 7/12 U*U 13/12 CHOYANG PARK 01W l/U 10/12 *U 21/12 21/12 »U 24/U HANJIN LS?„« !?(H 12!K nju 24/12 27/U CHOTANC CHANCE KM 0/12 22/12 21/12 24(12
      1,278 words
    • 48 35 SBMJM AIMMH6 PTE ITi. 20-09, Tono tnfl 101 Cadi S». Spor. 0106. Tali *****12. *****13. *****34. Tatax »S ***** Pan WEEKLY/REGULAR SERVICE TO EAST/WEST M SIA SUTRA 28/29 NOV KUCHING, SIBU SRI ARIKA 28/29 NOV KUCHING, SIBU SENG HING 28/29 NOV PENANG SENG LEONG 30/1 O€C P. KELANG
      48 words
    • 488 35 II STRAITS/ JAPAN/ STRAITS SERVICE I I SPECIALIST IN RO-RO HEAVY LIFTS I I VESSEL COSMIC ASEAN TANJUNC ASIAN I CHALLENGER STAR MAS TRADERS I VOY NO 3 U« 12 'I I S pore 5/12 13/12 14/12 W I I P Kelang 11/12 11/12 12/12 20/12 I I Yokohama 27/12
      488 words

  • Page 36 Advertisements
    • 530 36 rage 8 tefliill CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSt,VOY SPORE RDAM/AOAM H'BURG BREMEN ANTWERf SKIWIJAYA,3OWB 29/112/12 2/1 12/1 MA KUTAI/21WB n 28/12 24/1 30/1 *12 W FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sut>|«ct to Inducement Also accepting cargo to Casablanca, Port Said, Port Alaiandrla. Ganoa, Trlasla. ALSO
      530 words
    • 735 36 HANJIN SHIPPING I J FULL CONTAINER SERVICE IT I, ,u IT y IMB uAM rbu «l FEEDER VSL SIN LINE HAUL LAX OAK R7 h£l» 7112 2102 n\2 74/12 CHOYANC SUCCESS 011E 3A2 H BUSAN 10SE 21/12 10(12 i 7 il/ i M HIV 2 77 2 HANJIN HAMBURG 003E
      735 words
    • 93 36 EUK OZONE FREIGHT SERVICES PTE LTD NO 20, MAXWELL ROAD MAXWELL HOUSE SINGAPORE 01« TIL ttlTMt ft UB) HUt SMI7I lUt U I7M •WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From TAIWAN HONGKONG EUROPE USA UK. Service* To BRUNEI ASEAN PORT SE. MALAYSIA PROVIDE INT'L TRUCKING DOOR TO DOOR SVCS AIRFREIGHT
      93 words
    • 1250 36 Mm *M| til T l_ 1 I PKL SCP HHG KSC KLC PUS HKT OSK SM2 TYO LA* CHS BAI NYC LMV ANW TO* THP HBC SCP I I GIANT RE Ml 2*ll *11 4/12 W 2/12 I*l2 12/12 I*l2 16/12 12/12 26/12 *1 11/1 12/1 22/1 23/1 M/l 2S/1
      1,250 words

  • Page 37 Advertisements
    • 1574 37 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 jmm AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L-(03) *****33, P.Kelang(o3) *****87, Penang (04)
      1,574 words
    • 1217 37 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) niSCHADCIHC FROM EASTBOUHP LOADINC FOR WESTBOUND VESSELS VOYAGE |SPOftt MANILA HKOMG VOYAGE SPORE PKLANG HBURG B'HAVEN TILtURY RQTT AW
      1,217 words

  • Page 38 Advertisements
    • 1594 38 0 K LINE KAWASAKI KISLN KAISHA. LTD. j EXPORT N. AMERICA PACIFIC SOUTH WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST 7 /ZZZ 7/ MOTHER VCSSCI VO* HOOS IB OAK TUT FEEOER VESSEL WO* TUT SGP FEEDER VESSEL VOY *INOO »PK PNG SGP MOTHER VESSEL VO* LB OAK CHI N*C 111 BROOKLYN
      1,594 words
    • 1106 38 xjm PHIU OMCNT UN€S PT€ LTD 108 ROBINSON ROAD #07 00 GMG BUILDING SINGAPORE 0106 X TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OH SINGAPORE FREIGHT FORWARDERS ASSOCIATION "HWi 01 DEC MONTREAL, OTTAWA, TORONTO, CHARLESTON S
      1,106 words

  • Page 39 Advertisements
    • 1604 39 ~gggPff PACIFIC INTERNATIONAL LINES (PTE) LTD SSSwS* ml mm PIL Building, 140 Cecil Street #03-00, Singapore 0106. I JAKARTA 1 1 BANGKOK 1 VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN EDEN 9040 1/12 3/12 7/12 PEGASUS PIONEER 109N 29/11 2/12 0/12 HAI GUANG 41SB 3/12 6/12 KOTA
      1,604 words
    • 1109 39 f BEN LINE CONTAINERS LTD N 200 Cantonment Road Tel: *****22 #13-05 Southpoint m Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT: X" VESSEL VQY SPORE PKLANG S HAMPTON HAMBURG B'HAVEN R'DAM LHAVRE Bremen Express' 99/542 29m 23A12 18/12 20/12 17/12 24/12 Benalder 98/546 2/12 Via
      1,109 words
    • 333 39 I -T§ll d 11 MYANMA P& HVE STAB UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg SITTWE V47W 27/30 No* (LOADING FOR RDAM/HMBG/ANTWP) PAGAN VI64W 29/1 Dec MPA AN VIS7W 1/11 Dec PATMEIN VIOBW Ufli Dec 8/12 Dec •g> THE BANK UNE (A service ol Andrew
      333 words



  • Page 42 Advertisements
    • 803 42 fW»SH-llNFSa|jB\ INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG ASIAN SEN WfOU »'U 22/12 21/12 20/12 23/12 2b/12 BRANDENBURG WMIOI 8/12 5/1 4/1 M 2/1 JAPAN SEN WF <01 11/12 3/1 4/1 6/1 2/1 5/1 AMERICAN SEN WFIO2 17/12 11/1 9/1 1/1
      803 words
    • 1135 42 I LZZS7AL, 1 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 1 DEC ft 8 DEC LONDON ROTTBIDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 30/11 7/12 MANILA .1/12 8/12 PENANG 30/11 7/12 BUSAN 30/11 6/12 BANGKOK
      1,135 words
    • 310 42 LOADING FOR Vtsstl SPORE CBO OBN 8 A IRES MVIOEO RIO STS VIT PAGUA ■OSmiN I 10/12 11/12 27/12 1/1 IVI 17/1 OPT VMB 2 ALSO LOADING FOR BUENOS AIRES Regular BBulk and Container Service Direct to Turkey, Red Sea/ Med Ports. Spore P KelMf Pmijoj Loading lor GENCLIK V
      310 words
    • 1219 42 W CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE Trir tel: awo 2. MISTRI ROAD, HMC BUILDING TELEX p. R w S #15 00, SINGAPORE 0207 PARI F CMTARL,NE CR NO: 1178/*****0 M CABLE COSTARLINt General Agents: 006 TAR SHIPPING PTE LTD VESSEL/VOY SGP FIX ROT HAM ANT PWK VESSEL/VOY
      1,219 words

  • Page 43 Advertisements
    • 863 43 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 1/12, H/12 I EUROPE all Ports 30/11, 8/12 BANGKOK 29/11, 2/12 HONGKONG/CHINA 1/12, 4/12 SYD, MEL, ADEL, BRIS 2/12, 10/12 FREMANTLE 2/12, 10/12 MANILA 29/11, 7/12 PKLG/PENANG 1/12, 5/12 Port Kelang Branch Tel: *****21/2/3 Fax:
      863 words
    • 243 43 1 RICHFIELD MARINE AGENCIES (S) PTE LTD St TEL: *****33 (12 Lines) :ZL FAX: *****15/*****03 JIJ TELEX: RS ***** RISHIP (3 Lines) IfSA ETHIOPIAN SHIPPING LINES i}— (National Lines of Ethiopia) "ACCEPTING FCL AND CONVENTIONAL VESStL IVOV ETA I LOADING FOR SPORE APvrtr TWB 0712 DARESSALAAM MOMBASA DJIBOUTI ABYUI ASSAB
      243 words
    • 808 43 MASKAPAI PELAYARAN TO puLAU LAUT fuLLY edfitAlNEßlSfb ftWIONAL FEEDER SERVICE TWICE-WEEKLYfWEEKLY 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
      808 words
    • 940 43 BANGKOK CEBU/MANILA J VESSEL Ivor SINGAPORE j~ BANGKOK |vESSEL [vOY SPORE CtSU MANILA SIR! BHUM#' 471N Tut lln Pt Sat I 1112 THAW* BHUM OS 30/11 6/12 «/U JENLINK 33N Wed «/ll Sat 1/U KIT! BHUM 49R 7/U 13/U 1512 NANTA BHUM 17N Thuf 29/11 Sun 2/12 SO STAR SOS
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  • Page 44 Advertisements
    • 1163 44 A. m MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 11 PENANG TEL (04) *****6 KK TEL (088) *****0 TAWAU TEL. (089) 1186/9 I I p KELANG TEL (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL (089) *****2 ~rVV\~ J BAHRU TEL: (07) *****2 SIBU TEL (084) *****2 LABUAN TEL
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    • 392 44 BLUE STAR LINE SINGAPORE TO II NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCI. FOR AUCKLAND, NAPIER. WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N Pl* AUCK LYT PREMIER MS 2« No* II Dec Vw NPL 13
      392 words
    • 1389 44 /3EI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel |m leta ,dest vessel vat et> Toest KIM SOON LI 46/90E 29 NOV
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  • Page 45 Advertisements
    • 32 45 CPfJP JLDJL fij SINGAPORE to MALDIVES V'-:; :am •Pm Singapore to Hungary AtfWlii, SINGAPORE to SPAIN H J iWM n SINGAPORE to SRI LANKA COMMENCING IST DECEMBER For enquiries CALL 322 7505
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  • Page 46 Advertisements
    • 1 46 ■V|HPHPiHJi^VvnHHnSDHR
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    • 48 46 OniEPfT t^KLIHE BLUEBELL KKU S,N PKL DESTN SUSANNAH/***** Sid S»d FLU/ANT/UK(HUL) LANCELOT SPIRIT/***** 30/11 2/12 ROT(FLU)/ANT (ZEEWHUL VESSEL VOY NO JKT SUB SIN BRISB SYD MELB WATERTOREN 204 29/11 2/12 14/12 17/12 20/12 WATERSCHOUT 302 9/12 11/12 22/12 25/12 29/12 WATERMOLEN 105 22/12 25/12 6/1 9/1 11/1 fIU^2J^fIKiik<MSPIiPOB!9PIIIVI!9INVS9#^IV9PI'P!!^HK3S3PI!IIMI9I!P!BI!^IH^IHIB
      48 words
    • 43 46 Tla: RS ***** INETCO CR No *****88Q000K VESSEL VOY WO SW« MAA CAI ILOVIK 137N 01/12 08/12 TIGER RIVER 111CNB 26"' 031,2 TIGER STAR 138N 05/12 ""2 TIGER CREEK 112CNB 05/12 12>« LEUVE 9135 10/12 18/12 TIGER RIVER II3CNB 12/12 ""2 ILOVIK 139N
      43 words
    • 201 46 JESSELTOM PTS GT® 5 SUM Wtf. UIC MMIh #15-81. S'para 8188 Tain: OS 391 M Fix *****37. TH *****81 ACCEPTINC CARGO ETD ETA ETA ETA AT PPT PS SPORE MUARA LBN KK EASTERN GLORY V3IE/S0 Sailed 27/11 28*11 29/11 APRIL GLORY V33E/90 In Port 30/11 1/12 2/12 EASTERN GLORY V32E/90
      201 words

  • Page 47 Miscellaneous
    • 428 47 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 0100 MOO **************************************** 2000 2101 22* 2300 10 10 17 15 18 20 22 2.3 2.2 20 1.7 1.5 1.4 1.4 1.4 16 19 2.1 2.2 U 2.1 1.9 1.6 1.3 PP 0
      428 words

  • Page 48 Advertisements
    • 289 48 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH TONG HOE 14/90 7/11 20/11 CHOL THEE 19/90 12/11 25/11 For Enquiries Call CALVIN HO/DANY LAU H i HIAP hoe shppmg enterprise l/ijf J TEL: *****66 FAX: *****10 \JfJy TLX RS ***** HHSHPG PT. PELAYARAN. SAMUDRA AGUNG PERFECT
      289 words
    • 713 48 JkHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY IBM OAK SEA HKG SIN HYUNDAI INNOVATOR 37E 1/12 6/12 24/12 26/12 27/12 HYUNDAI PIONEER 35W 23/10 21/10 »/10 Kfll »/ll HYUNDAI EXPLORER 36E 8/12 13/12 31/12
      713 words
    • 644 48 CHARTPOINT Every Saturday in Business Times [rMfer Iron Noy PNG PKL Hotter Vmml [Voy SIN I LA* IOAKIWHJ |DAL I CHI I NOT I MEM WYC Malay*" COl BUHGA KEWUHIMT TH nju AUIGATO* HOP! ¥3704 3/12 H/12 WU 25/12 2Sfl2 *{U 2WI? 2*U »12 OUR USA i BUHCA KEMUNINC V
      644 words