The Business Times, 5 December 1990

Microfilm: NL17371
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday December 5 1990 75*
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  • NEWS SUMMARY
    • Article
      Thai bourse revises margin ratio to boost liquidity
      68 1 THE STOCK Exchange of Thailand (SET) has changed its margin ratio from 50:50 to 40:60 to boost market liquidity after being hit hard by recent interest rate increases. The decrease. effective yesterday, will enable investors to put down only 40 per cent
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    • Article
      Argentine rebel soldiers surrender
      39 1 REBEL Argentine troops calling for an army shake-up yesterday surrendered in Buenos Aires, two days before US President George Bush arrives as part of a South American tour to celebrate the continent's return to democracy.
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    • Article
      Bigger US investment
      37 1 OWING to a bigger budget for the oil sector. American corporations have set aside US$565 million for investment in Singapore next year. US$64 million more than what was earmarked for this year. Page 2
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    • Article
      Problems for Asia
      28 1 A LOOMING US recession and the effects of the Gulf crisis will hamper the growth next year of many Asian countries, say analysts Page 7
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    • Article
      Privatisation pays off
      19 1 MALAYSIA'S privatisation programme has so far helped the government save about M 53.9 billion Page 8
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    • Article
      New priority areas
      33 1 CHINA is to unveil a new list of priority foreign investment projects for the next three years and amend existing legislation governing the setting up of joint ventures Page 9
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    • Article
      Time to act
      27 1 IT IS time that listed companies start looking into the setting up of audit committees, as required by a recently passed Act Page 13
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    • Article
      Advertising and law
      19 1 THE LAW SOCIETY frowns upon any advertising by lawyers, but lawyers themselves feel otherwise Page 14
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    • Article
      Mixed emotions
      20 1 THEATRE WORKS' The Coffin is Too Bin (or the Hole is painfully funny, yet achingly serious Page 21
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    • Article
      BA denies report
      28 1 BRITISH AIRWAYS has refuted a newspaper report that it has rejected Singapore's proposal to use the Republic as a hub. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      31 1 SHARE PRICES slipped after the opening bell on Wall Street yesterday with the Dow Jones index of leading industrials losing 6.68 points to 2,558.91 in the first five minutes.
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    • Article
      Footsie lower
      28 1 LONDON shares were lower at midday yesterday. At 1215 GMT, the Financial TimesStock Exchange 100-Sharc Index was down 7.7 points, or 0.3 per cent, at 2,155.0.
      28 words
    • Article
      Court picks managers
      33 1 AT THE REQUEST of creditor banks and ccrtain minority shareholders of EMS, the High Court yesterday appointed judicial managers from Coopers and Lybrand, rather than Ernst and Young Page 3
      33 words
    • Article
      Acquisition planned
      21 1 UNITED ENGINEERS Ltd is to acquire 85 per cent ot construction group Greatearth Holdings for $2,975 million Page 3
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    • Article
      Chuan Hup expanding
      13 1 CHUAN HUP Holdings is expanding its fleet size. Page 3
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    • Article
      Insurers take cover
      34 1 LIFE INSURERS in Japan have cut their US$ assets by as much as 10 per cent and expanded their holdings of European currencies in the half-year ended Sep 30 Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 luesda) Change BT-MGA 557.17 -1.62 Kuala Lumpur ....470.71 +0.85 Hongkong 3,020.84 +0.67 Tokyo 21.862.61 -863.38 Sydney 1.317.4 -6.3 Monday Change New York 2.565.59 +5.94 London 2,162.7 +13.3
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    • Article
      CURRENCIES
      20 1 Exchange rates USS s$ 1.7225 Yen S$ 1.2831 M$ SS0.6377 Money market rates Overnight 4-1/4% 2-3/4 3-month 5-5/8 1/2
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$377.00 -US$4.75 Rubber S'pore Jan l52.25'/kg -1.25 M'sia Jan 24l.50«/kg -1.00 KL Tin Turnover 30 tonnes -70 Spot MSl5.38/kg +0.03 Crude palm oil Turnover 1.200 lots -224 Dcc MS843/tonne -II
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  • Article, Illustration
    Wing Tai denies talk of debt servicing problems
    511 1  -  Rumours of garment order rejection unfounded By Elaine Koh WING TAI Holdings has no problems servicing its debt, which stands at about $490 million, and there has been no discussion with its bankers about debt rescheduling, said the group's deputy managing director
    511 words
  • Article
    Lock icon Iraq says 3,300 Soviet technicians free to go home
    281 1 Agencies IRAQ is authorising more than 3.000 Soviet technicians to return home starting today in order to preserve good relations with Moscow, a spokesman for the ruling Revolutionary Command Council said in Baghdad yesterday. The announcement came five days after Soviet
    Agencies  -  281 words
  • Article
    Tokyo stocks take a battering
    156 1 TOKYO STOCKS took a severe beating yesterday, with the Nikkei average closing below the psychologicallyimportant 22,000 level for the first time since Oct I. The index closed 863.38 points lower or 3.80 per cent to 21,862.61, with 240 million shares traded. A combination of factors
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  • Article
    Lock icon Tokyo growth slows to 4.1pc
    202 1 UPI JAPAN yesterday announced that its economic growth slowed in the third quarter of this year to an annual rate of 4.1 per cent, hut officials and analysts said the change was welcome relief from inflationary pressures. I he gross national product grew at an
    UPI  -  202 words
  • Article
    TDB in Tokyo tie-up to promote food, beverages
    422 1  -  by Schutz Lee, Koichi Ishiyama THE TRADE Development Board (TDB) has set up another company in Japan this time with a leading Japanese food wholesaler to market and promote Singapore-made food and beverage products in the Republic's largest market for foodstuffs. The
    422 words
  • Article
    No headway on agricultural subsidies issue at Gatt talks
    475 1  -  From Yong Pow Ang in BRUSSELS THE big players refused to budge over cutbacks of agricultural subsidies yesterday, putting the successful conclusion of the Uruguay Round in the balance. Although the deadlock could be due to posturing in the negotiations, the
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      316 1 The best just keep getting better... and better... l" 455 1 Scs-ytsr mxn brother SBM BuriiWMg Syrt«ffls_^M^ooo Aircraft Schedule 31 Money Changer Rates 31 World News 9. 11 Commodities 30 Money Market 29 World Stock Markets 28 Cryptic Crossword 31 Regional News 7.8 Editorial 12 Regional Stock Markets 27 For
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      13 1 War threat needed to drive Iraq out: Cheney. Pg 11 Kditorial, Pg 12
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      Page 1 Advertisements Column 3
      17 1 Poll shows rising fears over Tokyo slowdown. Pg 9 Japan's biggest bank to raise rate. Back Pg
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      Page 1 Advertisements Column 4
      66 1 OF LONDON Writing Instruments lashion Watches IVxket I nthlcrs I-xecntive Ciitt Sets King Ms Dolly lun for a hree catalogue htJax Anton Tan Agencies Pte Ltd Tel 272-1143 Any accord will still have to clear US hurdle. Back Pg s ,s »,iu>' xNV ROLF BENZ CREAT ION f V -r"
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        CPF withdrawals made easier
        141 2 APPLYING to get CPF savings has now been made easier for 12,000 CPF members who will reach the eligible withdrawal age next month. The CPF Board's advance withdrawal application system, first implemented on a pilot basis early this year, allows members to apply to withdraw their
        141 words
      • Article
        General Try to call on PM Goh
        33 2 THE Commander-in-Chief of the Indonesian Armed Forces, General Try Sutrisno, will call on Prime Minister and Minister for Defence Goh Chok Tong at the Istana today.
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      • Article
        Ecogarden open to public
        61 2 THE Singapore Science Centre will open its two-hectare Ecogarden to the public from Friday. The ecology garden was previously open only to school groups for class-room activities and workshops. Set up in 1983 to provide facilities for outdoor biological studies, it will officially be opened by
        61 words
      • Article
        Members of Safra's board
        106 2 THE President of the Republic of Singapore has named members of the Singapore Armed Forces Reservists Association's Board of Governors for a one-year period on the recommendation of Dr Yco Ning Hong, the Minister for Communications, and Second Minister for Defence. The new Board of Governors
        106 words
    • Article
      Oil sector accounts for projected 12.7pc jump in American investment
      476 2  -  By Chuang Peck Ming AMERICAN corporations have earmarked US$565 million for investment in Singapore next year, US$64 million more than they have put aside for this year. The projected rise is due mainly to a bigger budget for the oil
      476 words
    • Article, Illustration
      Lower cost a plus for Sri Lanka: official
      269 2  -  By Sangeeta Mulchand THE lower cost of doing business in Sri Lanka as compared with other Asian countries is expected to be a draw for Singapore companies keen to relocate operations because of manpower shortage and escalating costs in the Republic. A
      269 words
    • Article
      NETS reaching out to wider customer base
      272 2  -  By Diana Oon TWO OUT OF every three holders of ATM cards of the six NETS banks arc users of the electronic funds transfer system, according to a survey conducted by NETS in October this year. The survey found that 668,000 customers of
      272 words
    • Article, Illustration
      Premier Goh receives Commonwealth chief
      91 2 CHIEF Emcka Anyaoku, the Commonwealth Secretary-General, paid a courtesy call on Prime Minister and Minister for Defence Goh Chok Tong yesterday at the Istana Chief Anyaoku is one of the most experienced diplomats in the Commonwealth and had been engaged in initiatives on the association's
      91 words
    • Article
      Singapore plugs into Home Country Direct Service with Sweden
      179 2 FROM TODAY, Swedish travellers calling home from Singapore can use the Home Country Direct Service (HCDS) to make calls in their native language and have them billed to their homes. Announcing this yesterday, Singapore Telecom said a similar scrvicc will be
      179 words
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      131 2 'IM Nicam Colour wrJ&tm Motorola Handphone flßfott Pioneer Laser Disc jS Recorder SB 5r Remote When you give Belvedere hampers to your anc l associates, you are assured of unsurpassed ■Mil we wtfl present you with valuable gifts that will prove to be extremely useful in homes. I 1.:' This
      131 words
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      Page 2 Advertisements Column 2
      17 2 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in BT.
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Court appoints judicial managers for EMS
      437 3  -  By William Chia AT THE REQUEST of creditor banks and certain minority shareholders of Electro Magnetic (S) Ltd, the High Court yesterday appointed judicial managers from Coopers and Lybrand, rather than Ernst and Young as originally proposed by EMS, for the company. Justice Goh
      437 words
    • Article
      Ernst & Young clarifies
      71 3 Ernst Young clarifies IT WAS reported in Business Times yesterday that Electro Magnetic (EMS) decided to apply for judicial management after receiving a first interim report from its auditors, Ernst Young, on December 2, 1990. Ernst Young have stressed that they are not the statutory auditors of EMS and that
      71 words
    • Article, Illustration
      Chuan Hup takes advantage of Gulf crisis to expand its fleet
      433 3  -  By I Lee Han Shih RIDING on the Gulf crisis and unfazed by a $26 million paper loss in investment, ma-rine-based Chuan Hup Holdings is expanding its fleet size. The company has placed an order in Japan for a
      433 words
    • Article
      Lock icon Consplant to sell land in Damansara for M$22m
      202 3 Bernama CONSOLIDATED Plantations Bcrhad yesterday said it has entered into an agreement to sell to Awan Putih Sdn Bhd about 45.3 hectares of land on its Damansara Estate for M 521,849,750 cash. The sale would provide Consplant with an opportunity to realise
      Bernama  -  202 words
    • Article
      Lock icon Maybank appoints new managing director
      169 3 Bernama MALAYAN BANKING Bhd yesterday announced that executive director for services Ahmad Mohd Don would become its chief executive officer designated as managing director from January 1, 1991. Chairman Tan Sri Hashim Aman said in a statement that the board, at its meeting on Nov
      Bernama  -  169 words
    • Article
      Lock icon Sports Toto holders urged to approve revamp
      190 3 Bernama DIRECTORS of Sports Toto Holdings Bhd, except Datuk Tan Chcc Yioun and Yong Teck Ming who arc deemed to be interested parties, have recommended that shareholders vote in favour of the company's restructuring scheme, saying that the proposals are in the company's
      Bernama  -  190 words
    • Article
      UE buys 85pc of construction firm Greatearth
      330 3  -  By Lee Han Shih UNITED ENGINEERS Ltd (UE) is taking over a construction group. An UE statement said it has agreed to acquire 85 per cent of Greatearth Holdings for $2,975 million. The deal is expected to be completed within the next week
      330 words
    • Article
      Wharf raises stake in Hotel Marco Polo
      162 3 THE Hongkong Wharf group has increased its stake in the listed Hotel Marco Polo (HMP) from 67.7 per cent to 78.9 per cent following a rights issue allotment. An HMP release yesterday said Wharf was allotted 192.33 million shares, bringing its total holding
      162 words
    • COMPANY BRIEFS
      • Article
        Trading in BAT shares suspended
        87 3 THE Stock Exchange of Singapore suspended trading in shares of British-American Tobacco Co (Singapore) Ltd at the company's request. An exchange spokeswoman said the suspension, until further notice, was due to the company's previ-ously-announced plan for a capital distribution and issue of new share certificates.
        87 words
      • Article
        Singatronics' rights issue
        64 3 SINGATRONICS Limited has received in-principle approval from the Stock Exchange of Singapore for its rights issue of 56.5 million shares with warrants. An extraordinary meeting will be held today to seek shareholders' approval for the rights issue. The transfer books and register of members will be closed
        64 words
      • Article
        Malayan Credit stumped
        38 3 MALAYAN Credit, queried by the Stock Exchange of Singapore on the substantial increase in the volume of trading in its shares, has said that it knows of no reason for the sharp increase in turnover.
        38 words
      • Article
        Bermuda buys into Sunshine
        66 3 BERMUDA Trust (Far East) Ltd has bought 933,000 shares, or a 9 per cent stake, in Sunshine Allied Investments Ltd. The purchase, at a cost of $4,198 million, was made on Oct 10, Sunshine Allied reported to the Stock Exchange of Singapore. Bermuda had no prior
        66 words
      • Article
        New name for General Prestige
        26 3 HOTEL Royal Ltd's new wholly-owned subsidiary in Malaysia, General Prestige Sdn Bhd, has changed its name to Prestige Properties Sdn Bhd.
        26 words
      • Article
        Hotel queried on land purchase
        72 3 THE Stock Exchange of Singapore has asked Hotel Grand Central, which proposes to buy a plot of land in Johor for M 59.81 million, to explain the factors taken into account in arriving at the price to be paid. It also wants to know if
        72 words
      • Article
        More daily Taipei-KL flights
        34 3 EVERGREEN Airways of Taiwan will operate a daily direct flight between Taipei and Kuala Lumpur from July next year, Malaysian Transport Minister Datuk Seri Dr Ling Liong Sik said yesterday.
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      • Article
        Kulim to lease land in JB
        44 3 KULIM (Malaysia) Berhad has entered into an agreement with the Johor State Economic Development Corporation to lease for 90 years a 3,819.15-sq metre piece of land in Johor Baru zoned for commercial use for M$ 10.07 million cash.
        44 words
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      71 3 B Jk JUf b m a m v jm Jm J/M Wr' M M si <S.<o3kifionL 1 V Mf PARIS v-' ;'*>**»"■-*<" *i i J <$.foQUt/tOflt~ DISTRIBUTION ITK I.TI) Boutiqw: •flo 2-07 Wisma Atria. Tel: *****93. Corners: Level 1 Halley's Departmental Store L-vel 2 Caleries Lafayette Liat To*er l«fl I
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  • REGIONAL COMPANY NEWS
    • Article
      Lock icon Timor seabed contracts may be awarded in 1991
      280 4 AP AUSTRALIA'S Resources Minister Alan Griffiths said in Jakarta on Monday that an Indonesian-Australian agreement to manage the potentially oil-rich Timor seabed could result in contract awards late next year. Should early implementation of the Timor Gap treaty be possible, "the prospect
      AP  -  280 words
    • Article
      Lock icon NHK to buy more overseas shows
      246 4 Reuter FOLLOWING the lead of Japan's giant electronics companies, the publicly funded Japan Broadcasting Corp (NHK) will buy and finance more programmes made overseas, NHK chairman Keiji Shima said. NHK, which operates a host of television and radio networks, has set up a company
      Reuter  -  246 words
    • Article
      Lock icon French study on nuke power plant for China
      353 4 AFP ELECTRICITE du France (EDF) will study the construction of a new nuclear plant in China's Sichuan province to help the country clean up its coal-run power plants, the firm's managing director said in Hongkong on Monday. Jean Bcrgougnoux said that EDF
      AFP  -  353 words
    • Article
      Lock icon Dainippon told to put warning note on drug
      250 4 Reuter JAPAN'S Health and Welfare Ministry has asked Dainippon Pharmaceutical Co Ltd to issue notices warning consumers that improper use of its anti-bacterial drug Enoxacin, marketed under the name Full Mark, can cause side effects such as rashes and high fever. The
      Reuter  -  250 words
    • Article
      Lock icon Fiji Sugar bags new Japanese deal
      234 4 AFP THE Fiji Sugar Marketing Co on Monday secured a new deal to supply sugar worth 50 million Fijian dollars (U5536.5 million) over three years to a Japanese outfit, its director John May said. Mr May signed a deal with giant Tokyo trading firm.
      AFP  -  234 words
    • COMPANY BRIEFS
      • Article
        HK watchmaker buys into Leonard SA
        56 4 WATCHMAKER Asia Commercial Holdings Ltd has ac-; quired all issued shares of Swiss watchmaker Leonard SA for about HKS6O million. A new company with registered capital of over HKSIO million. Leonard Watch International Co Ltd will be established in Hongkong to market Leonard brand,
        56 words
      • Article
        Murdoch in German venture
        49 4 THE German Burda publishing company and Australian press magnate Rupert Murdoch are to invest 100 million Deutschemarks (about US$67 million) to launch a daily newspaper in Germany, Burda said on Monday. Details of the shares to be held by the two investors were not given.
        49 words
      • Article
        Bond issue by Carter Holt
        69 4 NEW ZEALAND'S Carter Holt Harvey Ltd is going with a Swiss franc convertible bond issue which was nounced in August but postponed because of capital martfE uncertainty caused by the Gulf crisis, lead manager Warburg Soditic SA said. The issue, bearing a semi-ann® coupon of
        69 words
      • Article
        Newmont bid for BHP Gold
        66 4 NEWMONT Australia Ltd said it has extended its bid for BHP Gold Mines Ltd for one month to Dec 27. Newmont; said it has received acceptances for 695.26 million shares or; 71.67 per cent of BHP Gold under its one-for-two share offer. The bid was
        66 words
      • Article
        Japanese loans for Chinese firm
        85 4 FOUR major Japanese city banks have pledged US$2O million in loans to China International Iron and Steel Invest-; ment Corp to help it increase steel production, said a, spokesman for Dai-lchi Kangyo Bank Ltd. The other three are Mitsui Taiyo Kobe Bank Ltd. Fuji Bank
        85 words
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      Page 4 Advertisements Column 1
      150 4 How to get 10 countries on one line within 30 minutes. HanjHVMUipwssaHHMl—B »SIBPQHiSi£S sgg§iH WL jaßßr'Tr iSKtSMBBiCIBSSEEE*. v >v\\ i i mTj 5?: jj/-: > I International Telephone Conference Service You don't have to leave Singapore to hold a destinations and telephone numbers of the people quick international meeting. You
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon AT&T prepared to offer cash for NCR
      576 5 Move follows rejection of stock offer FT, Reuter AMERICAN Telephone and Telegraph (AT&T) appears to be preparing a hostile bid for NCR, the fifth biggest US computer company, which rejected its US$6 billion stock-for-stock offer on Sunday. On Monday AT&T said it was
      FT,; Reuter  -  576 words
    • Article
      Lock icon Avon asked to repurchase shares
      153 5 NYT CHARTWF.LL Associates, an alliance of investors dissatisfied with the stock market performance of Avon Products Inc, recommended on Monday that Avon repurchase US$5OO million of its common or preferred shares to enhance shareholder value. Chartwell made the proposal in a letter to Avon chairman
      NYT  -  153 words
    • Article
      Lock icon Disgruntled investor asks Sears to form advisory panel
      518 5 NYT SEARS, Roebuck Co, with its core retailing operation in a deep slump, has a new headache: a big shareholder is disgruntled. The California Public Employees Retirement System, frequently referred to as Calpers, has proposed to Sears that the company form a
      NYT  -  518 words
    • COMPANY BRIEFS
      • Article
        Phelan made director at Merrill Lynch
        123 5 JOHN J PHELAN Jr, the retiring chairman of New York Stock Exchange, was named on Monday a director of Merrill Lynch Co, America's largest brokerage house. Bringing Mr Phelan to the board is a significant coup for Merrill. As chairman of the Big Board,
        123 words
      • Article
        Rhone-Poulenc profit tumbles
        114 5 FRENCH chemicals group Rhone-Poulenc on Monday reported that net profits for the first nine months were down 47.2 per cent at 1.97 billion francs (about US$394 million), and warned that the figure for the full year would be "sharply down" on the 1989 results. Consolidated sales totalled
        114 words
      • Article
        Asil Nadir gains more time
        98 5 ASIL NADIR, chairman of the troubled fruit-to-electronics business empire Polly Peck, won five weeks to set his own finances in order on Monday in a bid to fight off personal bankruptcy. Stockbroker Barclays de Zoete Wedd (BZW) is sueing Nadir for £3.6 million (US$6.9 million)
        98 words
      • Article
        Renewed strikes at Volkswagen
        97 5 FRESH warning strikes disrupted output at the Volkswagen car works in Hanover on Monday as unions and management resumed negotiations on pay increases for the group's 130,000 employees. Union sources said about 10,000 employees stopped work for two hours at the Hanover factory and 3,800 workers
        97 words
      • Article
        Aizawa arrested in California
        129 5 A JAPANESE businessman, an officer of a Seattle shipping company, has been arrested in California on an extradition warrant issued after he was convicted of bribing election officials in Japan. Masami Aizawa was arrested in Gardena, California, according to the US marshall's office in Seattle. He
        129 words
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      147 5 I'll! 1 rftt W. rr! c ,r x Centrally located in the city is 5,000 square N** feet of a luxuriously furnished watch retail r outlet Known to be the largest single watch boutique in Singapore, Thong Hiap believes in the quality and consistency of high customer service. No one
      147 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Japanese insurers cut US$ assets by 10pc
      396 6 Reuter JAPANESE life insurers trimmed their US dollar assets by as much as 10 per cent and expanded their holdings of European currencies in the half-year ended Sep 30, Japanese investment managers said. Six of Japan's eight major insurance companies cut their dollar-based
      Reuter  -  396 words
    • Article
      Lock icon Westpac's labour dispute in Seoul worsens
      380 6 AFP A LABOUR dispute between the Australian bank Wcstpac and South Korean employees has intensified, with latour leaders travelling to Canberra to hold direct talks with the head office. Kim Sun-Hyun, a union leader at the Seoul branch, left for Canberra to meet with
      AFP  -  380 words
    • Article
      Lock icon Californian banks reject S&P outlook
      174 6 Reuter CALIFORNIA banking insti- tutions disagreed with the negative outlook Standard and Poor's Corp adopted for them as a result of a weakening real estate market. S&P said it was maintaining the debt ratings for six ,i California banking institu-: -l tions but was changing
      Reuter  -  174 words
    • Article
      Pernas signs M$100m corporate bonds facility
      163 6 PERBADANAN Nasional Berhad (Pcmas), the 99 per cent trust agency of the Malaysian government, has signed an agreement for a Msloo million five-year guaranteed fixed rate corporate bonds facility in Kuala Lumpur. The bonds, which have been fully subscribed by the Employees Provident Fund
      163 words
    • SMALL CHANGE
      • Article
        ANZ takes control of National Mutual
        86 6 AUSTRALIA and New Zealand Banking Group said it now had control of National Mutual Bank New Zealand Ltd. ANZ Banking Group (New Zealand) Ltd managing director Alister Maitland said arrangements had been concluded with the Reserve Bank of New Zealand for National Mutual to
        86 words
      • Article
        Former Elders MD charged
        112 6 A FORMER managing director of Elders Resources was charged yesterday as a result of a special legal task force investigation into the failed Rothwells merchant bank. Geoffrey Frederick Lord flew from Melbourne to Western Australia to appear in the East Perth Magistrate's Court on 33 charges
        112 words
      • Article
        HKBank's new loan facility
        136 6 HONGKONGBANK yesterday announced a new housing loan facility, the "Hongkongßank homemaker loan", which charges lower interest rates on higher loan amounts and has several other attractive features, including lower repayments. The bank's manager for retail marketing, Mr Victor Miranda, said in Kuala Lumpur that loans up
        136 words
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      Page 6 Advertisements Column 1
      115 6 I The Sportivo 02 Designer Ferdinand A. Porsche Manufactured by IWC Schaffhausen Case in stainless steel or stainless steel with 18 carat gold bezel Water-resistant to 60 meters With and without chronograph I PORSCHE DESIGN ||j|||j||| SINGAPORE: Boutique Corners Galeries Lafayette, Isetan Orchard, Metro Grand, Metro Marina, Studio Accessories (Paragon,
      115 words
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      Page 6 Advertisements Column 2
      6 6 CHARTPOINT Every Saturday in Business Times
      6 words
  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article
      Lock icon Most Asian economies better placed to ride out US recession
      678 7 AP THE COLD WAVE washing over the US economy has started to chill some of the hot economies of Asia that have flourished by exporting to the American market. A looming US recession, along with the effects of the Gulf
      AP  -  678 words
    • Article
      Lock icon Myanmar's economy still lagging behind
      635 7 Burmese showing increasing economic discontent NYT IT WAS a sparsely furnished family restaurant, with the tables on their last legs, but it could have been a movie theatre, for all the children were huddled in a corner, their eyes glued to the prized import: a
      NYT  -  635 words
    • Article, Illustration
      Lock icon Vietnam unveils plan to boost economy
      478 7 Reuter VIETNAM hopes an ambitious plan to end decades of poverty will by the year 2000 double its income, cut inflation to single digits and boost export values five times. Officials said in Hanoi on Monday that the ruling communist party hoped the economic
      Reuter  -  478 words
    • NOTE BOOK
      • Article
        EC proposes ties with Hanoi
        98 8 THE European Community has formally proposed opening diplomatie relations with Vietnam, paving the way tor aid to revive one of Asia's poorest countries. State newspapers said yesterday that Hanoi had received official notification of the decision, made by the 12-member grouping in Luxemburg in October.
        98 words
      • Article
        Li Peng to visit Laos
        83 8 CHINESE PREMIER Li Peng will make an official visit to Laos from Dec 15 to Dec 17, a government official said in Vientiane on Monday. "We want to promote good relations between our two countries, and important steps are •Already being taken in this direction,"
        83 words
      • Article
        Burmese army arrests activists
        95 8 t BURMESE SOLDIERS have arrested 33 pro-democracy activists along the Thai-Burmese frontier and sealed off the Burmese traders said yesterday. The 33 were arrested after a bomb exploded at the border town of Myawa'di last week, injuring seven people. Burmese sources say many people have also
        95 words
      • Article
        ADB gives loan to Bangladesh
        74 8 j THE ASIAN Development Bank (ADB) yesterday announced the approval of a US$43 million soft loan to Bangladesh for infrastructure projects that would benefit more than a million residents of 10 towns. The loan, payable in 40 years with an annual service charge of one
        74 words
    • Article
      Lock icon Privatisation saves KL M$3.9b: economist
      306 8 NST MALAYSIA'S privatisation programme has so far helped the government save about M 53.9 billion, Dr Ismail Salleh, an economist and deputy director of the Institute of Strategic and International Studies, said on Monday. In addition, privatisation has helped reduce the government debt by M
      NST  -  306 words
    • Article
      Lock icon Thai PM under pressure to hold new elections
      270 8 NYT THE Thai Prime Minister is trying to cope with an angry military hierarchy, a weakening stock market, and unhappy coalition partners. The Prime Minister, Chatichai Choonhavan, promises another Cabinet shuffle "very soon", less than two weeks after the last one, but
      NYT  -  270 words
    • Article, Illustration
      Lock icon Keating remark fuels talk of another interest rate cut
      522 8 AFP AUSTRALIA'S Treasurer Paul Keating fuelled speculation about another cut in official interest rates following the release yesterday of current account statistics which he said showed government policy was working. At the same time, Mr Keating and Prime Minister Bob Hawke
      AFP  -  522 words
  • Page 7 Advertisements
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      112 7 < f >i 6 t 4 /*>- "V T• <r w 4 > <\ W&I v -;v. ijk -i f ,-V v <v* :<♦ 7 -'-''V. j ■•< v <* "'< **»>,. JP > f 1 < I 'V n I K* .t 1 f i y i f i
      112 words
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      117 8 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, 25ms 40MB of
      117 words
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      Page 8 Advertisements Column 2
      75 8 fniiiMMi > Specialists m Fine Hand-knotted Carpets GRAND AUCTION |j| Sunday, December 9,1990. j|| O Hilton International, g tjS 100 Hand-knotted Persian, V illage, Tribal and Workshop pieces. §®<j 5q Viewing: 10am Ipm Auction Sale: 1.-'iOpm spm flhg All lots are guaranteed and backed by gK a full trade in
      75 words
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  • THE WORLD 1
    • Article
      Lock icon China to unveil new priority list of investment areas
      292 9 Legislation covering joint ventures to be amended AFP CHINA is to publish a new list of priority foreign investment projects for the next three years and amend existing legislation governing the setting up of joint ventures, the China Daily newspaper reported
      AFP  -  292 words
    • Article
      Lock icon US expects no rise in trade deficit
      153 9 AFP THE US Treasury Department has predicted that the country's trade deficit will not go up, even though the price of oil has risen sharply in the past four months. In a report to Congress on Monday, it said the dollar should not
      AFP  -  153 words
    • Article
      Lock icon Poll shows rising fears over Tokyo slowdown
      110 9 AFP JAPANESE businessmen are increasingly worried about high interest rates, rising oil prices and an acute labour shortage leading to an economic slowdown next year. A survey by the Japan Federation of Economic Organisations (Keidanren) found that almost threequarters of the respondents expected
      AFP  -  110 words
    • Article
      Lock icon Russian republic allows farmers to own land
      331 9 AP FARMERS in the Russian republic may own land for the first time in more than 60 years under a measure passed by the Russian parliament. But the resale of land would be blocked for 10 years, and then it could be sold
      AP  -  331 words
    • WORLD WATCH
      • Article
        Japanese textile woes
        52 9 THE NUMBER of bankrupt firms in Japan's textile industry rose 26.2 per cent from a year earlier to 53 in November, a credit research institute said on Monday. Liabilities of the bankrupt companies totalled 7.865 billion yen (US$6l million), up 76.6 per cent, the Credit Institute of
        52 words
      • Article
        Japanese growth put at 4pc
        66 9 JAPAN'S top economic policy planner Hideyuki Aizawa said on Tuesday he expected Japan's gross national product (GNP) to show a net growth rate of 4 per cent in the next fiscal year. Mr Aizawa, director general of the Economic Planning Agency (EPA), said his agency
        66 words
      • Article
        S Korean interest in Greece
        62 9 A DELEGATION of South Korean business people has shown interest in buying into Greek companies which might be privatised, a spokesman for the Greek industry ministry said on Monday. The delegation met with Greek Industry, Energy and Technology Minister Stavros Dimas, who presented plans for
        62 words
      • Article
        Bundesbank chief raps Bonn's financing plan
        103 9 GERMANY'S influential central bank chief has sharply criticised the government's plans to borrow up to US$lOO billion next year to finance unification. In an interview published one day after Chancellor Helmut Kohl's coalition won a resounding victory in united Germany's first free election in
        103 words
    • Article
      Lock icon Kohl faces the test of E Germany's economic woes
      518 11 Government bracing for labour unrest Reuter GERMAN Chancellor Helmut Kohl, riding the crest of a landslide election victory, must now come to grips with reviving eastern Germany's moribund economy, knowing that the worst is probably still to come. Faced with the
      Reuter  -  518 words
    • Article
      Lock icon Pakistan offering 49pc stake in telecommunications
      240 11 Reuter PAKISTAN has decided in principle to sell nearly half of its telecommunications business, permit the formation of private banks and privatise at least one state-owned bank. Speaking after a Cabinet meeting in Islamabad on Monday, Communications Minister Ghulam Murtaza Jatoi said the government
      Reuter  -  240 words
    • Article
      Lock icon New EC offer for tropical products in Gatt talks
      188 11 AFP THE European Community has offered fresh concessions for tropical products which it says will mainly benefit the Asean countries, Brazil, Colombia and Central American states. An EC announcement on Monday said a revised Community offer covered additional products and deeper
      AFP  -  188 words
    • Article
      Lock icon Ershad to resign before elections next year
      149 11 AFP BOWING to opposition demands, Bangladesh President Hussain Mohammad Ershad has announced that he will resign 15 days before national elections due next year. "I hope this will end the state of anarchy prevailing in the country," the 60-year-old former general, who seized
      AFP  -  149 words
    • Article, Illustration
      Lock icon War threat needed to drive Iraq out: Cheney
      370 11 The Gulf Crisis Reuter US DEFENCE Secretary Dick Cheney has told Congress that the threat of war is necessary to force Iraqi President Saddam Hussein to withdraw his troops from Kuwait. "It is essential that we present him with the prospect of
      Reuter  -  370 words
  • Page 9 Advertisements
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      532 9 >av ~ii Mi. 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
      532 words
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      197 10 f UPS Parcel Has Started To Clear Customs. J||"|«|"« II m mi VMM iiift'i; n Y'itf'iif BL^ sfcr,^l Before It's Cleared For Take-Off. By the time your express parcel or document takes off to its international destination, the process of customs clearance has already begun. Before it arrives, our local
      197 words
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  • Page 11 Advertisements
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      114 11 The Big Decisions Lunch Our new Business Lunch is a big test for every decision-maker. Because the multi-course menu offers you a challenging choice of 28 gourmet dishes. These include: Venison Terrine with Blackcurrant Coulis Steamed Mussels with Shallot Butter and Herbs Salmon and Lobster Roulade in Mussel Cream Sauce
      114 words
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      Page 11 Advertisements Column 2
      71 11 '■f Now, an imported Caserini desk clock free with purchases of $100 and above. Jd f k It's an ordinary day today. But that doesn't mean have to dress like liiy m ssjfr* H S QJSO3NI l moda per r omo \JI/ x vmrnmrniMmmmmmuimJ < paper copy fax At last,
      71 words
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  • Article
    Make it clear to Saddam
    491 12 EDITORIAL US President George Bush's surprise offer of direct talks with Iraq on the Gulf crisis was well timed. By making his dramatic gesture just hours after securing UN authorisation for the use of force if Iraq fails to meet a Jan 15 deadline and
    491 words
  • WHAT THE OTHERS SAY
    • Article
      Back to business
      243 12 DESPITE WORRIES about the high cost of unification, Germans have given their votes to the parties who have a role in bringing it about Chancellor Helmut Kohl's Christian Democratic Union and its coalition partner, the Free Democrats. Parties half-hearted about the reunion of the two Gcrmanys, on
      243 words
    • Article
      Hardline rule needed?
      111 12 THE WAY politics and the economy are going in the Soviet Union, the country may just end up with another dictatorship. President Mikhail Gorbachev has already served notice that he'll resort to strong-arm tactics to deal with the country's deteriorating situation. The army has also been put
      111 words
    • Article
      Umno's more mature
      118 12 UMNO IS growing more mature, as seen in the way delegates behaved at the Umno General Assembly which ended in Kuala Lumpur last Sunday. There was no more of the bitter battle for leadership which split the party three years ago. The contest for the three vice-presidential
      118 words
  • REGIONAL VIEWPOINTS
    • Article
      Mid-term yardstick
      189 12 AS PRESIDENT Bush approaches the mid-point of his four-year term of office his standing remains high but his critics at home are becoming ever more vocal. To silence them he needs a major policy initiative or at least a decisive outcome to the conflict in the Persian Gulf.
      189 words
    • Article
      Prepare for the worse
      143 12 IN LESS than 24 hours after the United Nations Security Council on Thursday passed a resolution that would justify the use of force against Iraq unless it vacates Kuwait before Jan 15 President (ieorge Hush launched a dramatic diplomatic initiative. He referced to his offer to
      143 words
    • Article
      Tough battle ahead
      166 12 MR KEATING is expected to resist any proposals to water down earlier decisions to tighten eligibility requirements for benefits or to introduce new assistance measures which will be cut away by an already eroded Budget surplus. Indeed, the bad national accounts figures increase the likelihood that further
      166 words
  • Article, Illustration
    Lock icon Time to rethink farm policies
    724 12  -  John Nash argues for the easing of government eontrols on agriculture John Nash The writer is an economist at The World Bank IHT IN his 1973 book. World Agriculture in Disarray, the economist D Gale Johnson described how government policies in the industrial countries had
    IHT  -  724 words
  • Page 12 Advertisements
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      513 12 and expenses at hand. Say goodbye to messy lists and lost expense slips Other features 64 KB memory Calendar, schedule Because the ZQ-5200 has a built-in Time Expense book, home and world clock, telephone directory, memo Manager that lets you keep track of all the things you pad, 10-digit calculator
      513 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      96 12 DOONESBURY BY GARRY TRUDEAU W FIRST LET ME SAY I TA CAME UP IN BUT. HEY, THATS AU, IN THE PIPN'T START OUT TO THE HEAT OF TUB CAMPAIGN. PAST, OKAY* FROM NOUU ON, k UP-SYNCH I JUST INEEPEP A CONVICTION, THERE THE ONLY PERSON YOU'LL <-,p ad f THERE'LL
      96 words
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  • ANALYSIS
    • Article, Illustration
      Introducing new blood
      1230 13  -  All boards of listed companies will soon have to set up Audit Committees. The requirement calls for fresh thinking on the constitution of the hoards of listed public companies, says R C Cooper R C Cooper The writer is the chairman of Coopers Pte Ltd, financial and
      1,230 words
    • Article
      Japan's non-store retailers doing well
      601 13 Mail order firms see stable growth NON-store retail sales are thriving in Japan. A recent survey of non-store retailers conducted by the Nikkei Marketing Journal found that such sales topped 4 trillion yen for the first time, in the year ended July 1990. The results
      601 words
  • Page 13 Advertisements
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      255 13 We have ways to make your computers talk SHERRY LAN solution Networking. Everybody computers from laptops to entry- more than capable of offering you knows it's the surefire way to get level 286s to the super network the total LAN solution for your the most efficiency out of your servers
      255 words
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  • THE LAW PAGE 1
    • Article, Illustration
      Should lawyers be allowed to advertise?
      827 14  -  The Law Society frowns upon any advertising by lawyers. But lawyers themselves feel otherwise, reports David Gabriel David Gabriel THE Law Society of Singapore has some very strict rules on what lawyers and law firms may or may not do to seek publicity. Most
      827 words
    • Article
      What the unnamed lawyers say...
      651 14 A COMMITTEE member of the Law Society once described the profession in these terms: "We are an honourable and old profession. We do not believe in crass commercialism." This view may not win much support among Law Society members. When asked whether the rules of
      651 words
    • Article
      Case of the mixed-up customs declarations
      436 16 CAM Public Prosecutor v loon I/Ce Pink I he Supreme Court of I he Republic of Singapore: Magistrate's Appeal Justice AP Rajah THE ACCUSED had been charged under the Customs Act for making an incorrect declaration in a customs inI voicc declaration and acquitted.
      436 words
    • Article
      Must bills of lading conform strictly with letters of credit?
      502 16 Kishinchand 1 iloomal Bhojwani and another v Chung Khiaw Bank The Court of Appeal of the Republic of Singapore: Chief Justice Wee Chong Jin, and Justices TS Sinnathuray and Yong Pung How. THIS APPEAL involves issues pertaining to letters of
      502 words
  • Page 14 Advertisements
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      290 14 REFINING THE ART OF COMMUNICATION. first. a frw words about performance. As befits a transmission offering a convenient choice of enthusiastic handsome lines that have long distinguished the marque Htrt. a custom designtd inttrtainrmnt s\sti companv with an outstanding record ot motor sport success, 'sport' or relaxed 'normal' driving modes
      290 words
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  • Page 15 Advertisements
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      141 15 ■IfßrifiriSM•«Hifllifly, wiftti fc JL A ;Tv *I%s?- 'ikmPwi MiiX Wr v < *vj i* <* j f flg*, v Connect lb A Full Range Of Wherever \bu our new mmmgsstKM c are addition to our Phoneßanking one yjH^^HH^BHt transactions. your over complete yourself valuable time and effort. With our Phoneßanking
      141 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      225 16 •'.ft fe r /f you're an expert in your field you'll know that we're the expert in ours. hs\, THE BEST \ALUE CALL: 747 8622 FOR ENQUIRIES. FAX: *****65 1 Standard" yk m I ft r Bt A 1 ft S®w3S!SI B* w Blk A 1 H S Br I
      225 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon US criticised for behaviour
      681 17 Davis Cup AP NO S(X)NKR had the United States won its first Davis C up in eight years than it was accuscd of tarnishing the title with poor sportsmanship. The United States clinched the best-of-five final over Australia on Saturday when the doubles team of Rick
      AP  -  681 words
    • Article
      Lock icon Agassi may be out of action for six weeks
      300 17 UPI ANDRE AGASSI, whose retirement from a Davis Cup tennis match on Sunday was disputed by his Australian opponent, will be sidelined for three to six weeks with a rib injury, said his doctor on Monday. Agassi, ranked No 4 in
      UPI  -  300 words
    • SIDE LINES
      • Article
        Showdown for golf crown planned
        131 17 AN ELITE annual end-of-year showdown designed to determine golfs world champion was announced in London on Monday. The World Championship of Golf will carry prize money of more than £1 million. First prize will be nearly £250,000 and even the player in last place in
        131 words
      • Article
        Another attempt
        90 17 A JAPANESE climber who survived alone in a five-day blizzard which claimed the lives of six military servicemen in August was to take on New Zealand's highest mountain again yesterday. Auckland restaurant manager George Iwama was in the Southern Alps on Monday night preparing to climb Mount Cook,
        90 words
      • Article
        A first for Tokov
        57 17 SOVIET jockey Mahomed Tokov had his first taste of success on British turf on Monday when he rode favourite Macho Man to victory in the Glasnost Handicap Hurdle at Kelso, Scotland. One of three Soviet jockeys on a short fact-finding visit to Britain, Tokov beat four-time
        57 words
      • Article
        Sanchez-Vicario wins
        85 17 ARANTXA Sanchez-Vicario of Spain and Mary Joe Fernandez of the United States defeated their opponents in the opening matches of a women's three-day indoor exhibition tennis tournament at the Sports Palace in Madrid on Monday. Sanchez-Vicario won 6-4, 6-4 over Rafaella Reggi of Italy, and Fernandez defeated Conchita
        85 words
      • Article
        A fine mess
        90 17 THE National Basketball Association in New York issued a new round of fighting fines on Monday including one of US$4,OOO to Harvey Grant of the Washington Bullets bringing the league total in the past four days to 19 players penalised for a total of U5521,750. Grant received
        90 words
      • Article
        17th game postponed
        67 17 THE 17th game of the World Chess Championship between Garry Kasparov and Anatoly Karpov was postponed from Monday to today at Kasparov's request. The two Soviet grandmasters were still scheduled to resume their incomplete 16th game in Lyon yesterday. That game was adjourned after five hours last
        67 words
    • Article, Illustration
      Lock icon Davis will give Hendry a tough fight
      347 18 AFP STOP SNOOKER boss Barry WHcarn has forecast that Stephen Hendry would struggle So retain his world snooker Jtrown next year. C Hearn, who manages forJJiner world number one Steve fi)avis, believes his man has yroken the Hendry hoodoo find will regain the
      AFP  -  347 words
    • Article
      Lock icon Barcelona's not taking chances with security at Olympics
      481 18 AP IT COULD BE a terrorist bomb or a hotel fire, a stadium collapse or mass food poisoning. The 1992 Barcelona Olympics are two years away, but security planners arc already thinking about the worst-case scenario. "Nothing has been forgotten or left
      AP  -  481 words
    • Article
      Lock icon German track body meets over drug allegations
      364 18 AP THE German track and field federation on Monday called an emergency session to discuss growing allegations that athletes from both East and West Germany had taken performance-enhancing drugs for years. The German Athletics Union, the governing body of track and field since
      AP  -  364 words
    • Article
      Lock icon Unhappy Maradona ready to quit
      224 18 AFP UNHAPPY Diego Maradona is ready to hang up his boots. The South American superstar, unsettled at Italian club Napoli and under increasing pressure from a hostile Italian press, told a Spanish television programme on Monday that he wanted to quit professional football. "I have
      AFP  -  224 words
  • Page 17 Advertisements
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      89 17 M -3 5 >• v-; r A S VvV> r: i i 'jU* •r mk* mm av 'M vm X vj *V-* *Nm ju I FJB 013B/CMIAT DAY/MOJO T S3! I J /> -.-< Cut from the finest quality fabrics AND TAILORED FOR AN INDIVIDUAL FIT, EACH SUIT FROM LANVIN
      89 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      137 18 gap ■E|g Sjfesk —ITZL i'' B 4 > ~w'■■ ii -*i r V WE'RE TIED IN WITH ALL YOUR BUSINESS PLANS. At the Carlton, we believe in doing all we can to make your business here a success. From providing full conference facilities to restaurants and bars where you can
      137 words
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      83 19 /kISvjiHHB I W T MTWr<ffl r1 lifAsl^H^B Jj» (V mm\ 1 B f flj f MKmWH l i /JB WSVAHH il Ivmß B B w LM OBRIHi H^HKaHi^l Afl B Jp. IP Bk V| b| ,M IMM B mWI i E' mm l^^HLßvfl ■f m M Bi 1 IF YOU
      83 words
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      1193 20 WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE AND ENTERTAIN WHEBE TO WINE, DINE Some like it hot. JHH L I Ik Kv 4k J nn HiKM f My* Spicv Szechuan dishes served at lunch and dinner dailv in the cool, inviting atmosphere of Szethuan Court. Reservation, 331)
      1,193 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      724 20 TELEVISION AND RADIO r n T "siST «.25 S^'iU-Miekev and S BUSINESS OH RADIO une man s view 8.05 Insight —I) World in Ac- 7.25 Programme Highlights. 7 10 Cable Nows Network e'ii J *sj p| -v' tion: Inside Saddam's Strong- 7.30 News (M) 7 Up p i rbmtfc..it«i 5
      724 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Cuddling up to reptile pets
      673 21 More Japanese are turning to iguanas and lizards as pets instead of the more conventional dog or cat. However, this fad, part of a worldwide trend, could result in early death for the creatures. NYT Lizards, iguanas and other reptiles are increasingly becoming popular pets
      NYT  -  673 words
    • Article, Illustration
      Struggling to find self and identity amidst conformity
      627 21  -  Claire Leow finds Theatre Works' The Coffin is Too Big for the Hole painfully funny, yet achingly serious Claire Leow DEATH is a funny thing. It is one's last mark on earth literally. And many a person has fretted about this phenomenon
      627 words
    • Article
      No takers for Liz Taylor's van Gogh
      572 21 CHATTERBOX THE Vincent van Gogh painting View of the Asylum and Chapel at St Remy (1889), owned by Elizabeth Taylor, was among many works that went unsold on Monday night at Christie's in London. The sale of Impressionist and modern art was later
      572 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      270 21 AND ENTEBTAIN AYen For Fresh Japanese Food. i I m Fii (81 LUNCH: 12 NOON 121 TO2 ISPM i SI DINNER: 6.30PM TO io SS9 I PRICES SUBJECT rr: Igg 3 to ic%sfrvic:e BB 3 CHARCF AND 1 Vmi 4%cess. Unkai flies in fresh ingredients daily from Japan. To give
      270 words
    • Advertisement
      Page 21 Advertisements Column 2
      117 21 Bj The Clubs HI and |p I K\/lIV/m Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Fine Russian/ I Continental Cuisine r Set Lunch/Dinner/ I Ala carte served daily. The perfect place for business lunch or personal dining pleasure. Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to
      117 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Wing Tai, UIC traded actively in dull market
      4689 22  -  By Diana Oon STOCK PRICES on the local bourse drifted lower yesterday in thin trading. The Straits Times Industrials Index of 30 Singapore blue-chips dropped 4.29 points to a close of 1,121.34. Most of the decline on the STII was caused by
      4,689 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4206 23 Main Board DBS Foreign 1020 25 2 5% OCBC Foreign 785 25 3 1% UOB Foreign 575 +10 Fl.8% Keppel Fin 50« 155 -F10 6.9% Jurong Ship 50* 505 9 1.8% Fuji Offset 20« 98 +8 8.9% Metro Hldgs 406 >6 M.5% Inchcape 368 +6
    4,206 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      215 24 Company Date Year Group Not Not earnings Cross ann to profit/loss (I) per share dividend (000) (cents) Amteii Eng Nov 29 lun 90 $7.026($6.714) 8 3(7 9a) 12JE(6TEa) Metal Ctainers Nov 27 tun 90 $8,1311(11.414) (2 5) tefltei Nov 26 lun 90 $3.306($1.261e) 76(68) 12TE(-) Iwgci. Nov 24
      215 words
    • Article
      PRELIMINARY RESULTS
      151 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend (•000) (cents) limes Pub Nov 23 Aug 90 $45.408<$37,328) 23 0(19 3) 10(9 9) Msidi) Oxygen Nov 21 Sep 90 MJ38.140(131.062) 31 6(27 5) 463|(18) SPH Nov 9 Aug 90 $194,085($135,420) 54 8(38
      151 words
    • Article
      INTERIM RESULTS
      318 24 Company Oate Half-year Group pre-tax Interim ann to profit/loss (L) dividend ('000) *Htun loong Nov 30 Sep 90 M$5.263($3.372) -<-) fne H Glass Nov 30 Sep 90 $4.928($4,231) CK Tang Nov 29 Sep 90 $2,858(13,100) 3(3) m Hldgs Nov 29 Sep 90 HK$88.416($238.923) 16(16) I Cement Nov 29
      318 words
    • Article
      CORPORATE DEVELOPMENTS
      437 24 Dec 3 British American Tobacco Company (Singapore) Ltd and Rothmans of Pal Mai (Singapore) are strengthening links with Vietnam's tobacco firms BAT Co Singapore is likely to set up an office in Vietnam and Rothmans is launching a new brand Neptune Orient lines has expanded into the high
      437 words
    • Article
      DIVIDENDS ANNOUNCED
      644 24 Current Ex Boohs Oat* Total for Total for payment date close payable the year last year AtSfl 10%(b) Ian 4 lan 18 Jan 28 101 17% Anal Steel 1261(b) No* 29 Dec 13 Jan 21 126* 81TE Antah 61(b) No* 22 Dec 6 Dec 28 61 61 Berjaya
      644 words
    • Article
      RESULTS DUE
      522 24 Singapore Stocks La*t Full Yoar Company Penod Date Tear Nrt £fS Gnu M nounccd enAx (cents) <•» pn® last year (V000) leong Huat Intefim Mar 30 Dec 89 5351 (h) Spore Land Fmal Nov 3 Aug 90 6.4(a) 7.5(a) 15,842 CUB Packapnt Interim Nov 13 Dec 90 29
      522 words
    • Article
      APPROVED ISSUES
      299 24 Company Rights Issue CUM fwe-tortour MJ4 00 per share Ex date Nov 23 Books ctose: Dec 7 Acceptance Payment NY A Eintci One tor one fe MSI 00 per share Ex-date Nov S Books close Nov 19 Acceptance A Payment Dec 31 M Bariunf Onetor two KJ5 00
      299 words
    • Article
      BONDS, LOANS & WARRANTS
      686 24 BONDS, LOANS WARRANTS Company Conversion poriod CtonnkMi ttm for nn ocdlMfy siim CM 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 cast) or 1 warrant plus II nommal amount of loan stock. Chuan ftp Notts Chuan tap Wt
      686 words
    • Article
      PROPOSED ISSUES
      379 24 Company Rights Issue Mcom One for two (a, MSI 00 pet share Issue of 40m Cumulative Redeemable Preference Shares of MSO 10 each at MSI per share with 10m detachable TSfi Bolt or One tor four My 00 per share Causeway hv Threetor tour $0 60 per share
      379 words
    • Article
      RECORD HIGHS & LOWS
      157 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 high: 1435 43 (16/7/90) 1990 Nch: 1607.12 <2'/3/J0) 1990 low. ***** (09/11/90) 1990 tow: 1079.50 °/90 1989 h*t 1322.00 (28/12/89) 1989 lich: 1487.76 (26/12/89 1989 tor 917.42 (4/1/89) 1989 tor 1030.69 4/1/89) 1988 Mete 1043 86 (8/8/88) 1988 h* 1177.87
      157 words
    • Article
      COMPANY MEETINGS
      296 24 Smcatroracs Ltd: EGM at The Board Room, Level 8, Singatronics Budding, 506 Chat Chee Lane. Singapore 1646 on Wednesday, Dec 5, at 3pm. Emtex Corporation Bhd: 25th AGM at No. 21 23. Jaian Hussein (Ground Floor), ***** Ipoh, Perak Darul Ridzuan on Friday, Dec 7, at 10am. CI
      296 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Sharp fall in Tokyo dampens sentiment
      3960 25 Bernama SHARE PRICES in Kuala Lumpur closed mixed in quiet trading yesterday as hesitant market players reacted to news of the sharply lower close in Tokyo following an afternoon slump. The KLSE Composite Index ended at 470.71, just 0.85 of a point above Monday's
      Bernama  -  3,960 words
  • Page 25 Advertisements
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      438 25 MASTER TAN'S BIUNCUAL ALMANAC MARY IS AVAILABLE WOWfl T SHOPTALK I Extract from The New Paper! Si ngapore's almanac By Bunton Wong HfiLj j AT laat. oo need for tradi* £§j| tionai almanacs imported S from Taiwan. Now. there's Ipß njH S on* noma-grown for Singabilingual China*® al- 4^B* manac/diary
      438 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei plunges below 22,000 on weaker yen
      2245 26 Reuter TOKYO stocks closed sharply lower yesterday, with the benchmark Nikkei average closing below 22,000 for the first time since Oct 1. Heavy selling of the cash indices in thin trading depressed a market already suffering from the negative effects of a weaker
      Reuter  -  2,245 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Stocks finish little changed in lacklustre trade
      2126 26 HONGKONG stocks, softer at midday on Tokyo's weaker showing, retraced losses to end barely changed in thin, uninspired trade yesterday, brokers said. The blue-chip Hang Seng index, down some 20 points at midday, ended 0.67 points up at 3,020.84 on light bargain-hunting by
      2,126 words
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  • REGIONAL STOCK MARKETS
    • Kiwi shares fall to another six-year low
      • Article
        INDICES & TURNOVER
        98 27 INDICES TURNOVER Close l)ec 4 l*Tt'>i«us SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1317.4 1982.7 8019 70.28 1323.7 1996 4 8010 56 32 -6.3 -13.7 -I.I 13.96 BANGKOK SfcT Index Turnover (million) 581 98 1.500 0 ***** 1.200.0 -1.97 f 300.0 JAKARTA ompositc Index Turnover
        98 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        340 27 I)KC 3 Index In local currency day year change change in >5> day year change change in La® day year change change WiKid 352 9 I.I -24.1 0.5 -27.3 0.5 -19.8 |EAFB 463.6 1.2 -31.9 0.6 -32.4 0.6 -25.4 374.6 1.3 -169 0.6 -13.3 0.6
        340 words
      • Article
        AUSTRALIA
        890 27 THE RELEASE of new balance of payments data failed to excite the Australian share market, which finished lower yesterday, brokers said. They said the A 51.67 billion unadjusted current account deficit for October sparked some interest, but this died down in the afternoon. "The figure doesn't really give the
        890 words
      • Article
        NEW ZEALAND
        397 27 LEADINCi New Zealand shares closed at another six-year low yesterday, despite further domestic interest rate falls, and brokers see few signs of a substantial recovery before the end of the year. The tone was dominated by Fletchcr Challenge slipping seven cents to NZ$3.l3, with most other leaders losing
        397 words
      • Article
        BANGKOK
        635 27 THAI share prices finished mixed in thin and directionless trade yesterday focused on the finance sector, brokers said. The SET Index fell 1.97 points to dose at 581.98 in 1.5 billion baht turnover. Advances led declines 78 to 76. Most active were Asia Securities, Star Block and Union Asia
        635 words
      • Article
        TAIPEI
        412 27 TAIWAN stocks finished lower after a volatile day of investor uncertainty as the index hovered near the key 5000point mark yestcrdav, dealers said. The weighted index fell 81.98 points, or 1.7 per ccnt, to close at 4,716.66 compared with Monday's 4,798.64 finish. Turnover was NT581.32 billion against NT$B6.3 billion.
        412 words
      • Article
        MANILA
        507 27 PHILIPPINE share prices closed narrowly mixed yesterday as traders, relieved by a tentative calm in the Gulf, speculated on local market factors. The Manila Stock Exchange composite index closed a marginal 0.05 points lower at 631.39 points from Monday's 631.44. But the Makati index rose 6.34 points to 638.68.
        507 words
      • Article
        SEOUL
        838 27 SEOUL stocks retreated yesterday as in- dividuals took profits after three straight days of rises, brokers said. The index dropped 8.72 to 708.90. with turnover moderate for recent days at 284.5 billion won against 396.8 billion on Monday. Falls led rises 597 to 193, with 165 stocks unchanged. Market
        838 words
      • Article
        Untitled
        473 27 Jakarta I Rupiah VotCOO) Abda 2500 Ahap Insurance 1450 -350 Alumindo Pcrkasa Utama 6600 unch Aqua Golden Missisipi 9550 Aster Jawa 3350 Astra Ciraphia 8100 450 20 Astra Int'l Ine ***** 50 530 Asuransi Bintang Ind 7950 Asuransi Dayin Mitra 6000 Asuransi Jiwa Panin ***** Asuransi Ramayana 6600 Bakrie Brothers
        473 words
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  • WORLD STOCK MARKETS
    • Technology, retail issues prop up Dow
      • Article, Illustration
        NEW YORK
        1127 28 NEWS of ATTs US$6 billion offer for NCR Corp provided a glimmer of excitement in an otherwise placid trading day on Wall Street on Monday. Shares modestly extended last Friday's 41point advance, led by gains in technology and retailing stocks. "The ATT and NCR news rejuvenated some of
        1,127 words
      • Article, Illustration
        LONDON
        914 28 THE FTSE-100 index languished in a tight trading range at yesterday's midsession as institutions and players alike continued to boycott a shaky looking equities market. Shares started the day slightly easier following a sharp fall in Tokyo and after a mixed session on the New York exchange. A mixed
        914 words
      • Article
        AMSTERDAM
        394 28 DUTCH share prices were mildly lower in thin morning trade yesterday, tracking London and Frankfurt stock markets. dealers said. After a sharp decline in Tokyo stock prices overnight and a not very convincing six-point gain in Wall Street's Dow Jones index yesterday, Dutch shares reversed Monday's upward trend. "Monday's
        394 words
      • Article
        FRANKFURT
        258 28 GERMAN shares reversed Monday's moderate gains in quiet trading yesterday, as disappointment following the weak post-election rally prompted thin selling. Dealers said hopes that German shares would continue to build on Monday's gains in yesterday's trade had faded early in the morning, as a fall in Tokyo stocks weakened
        258 words
      • Article
        JOHANNESBURG
        345 28 JOHANNESBURG leading industrials posted further gains yesterday morning on prospects of reduced interest rates early next year, which together with a weaker financial rand helped, buoy the rest of an otherwise thin market, dealers said. At 10:30 the JSE industrial index had jumped to 2843 from Monday's firm 2825
        345 words
      • Article
        PARIS
        208 28 MODEST profit-taking pulled the Paris bourse slightly lower at yesterday's midsession as the market consolidated around Monday's sharply higher levels, traders said. The CAC-40 index was down 1.72 points, or 0.10 per cent, at 1,643.15 at 1200 GMT. On Monday the market rose 2.48 per cent to 1,644.87 on
        208 words
      • Article
        MILAN
        183 28 SHARE prices were holding steady on the Milan bourse after one hour of business yesterday although the underlying trend pointed to a slight fall as yesterday's enthusiasm was pared by the sharp drop in Tokyo overnight and the weaker tone elsewhere in Europe this morning. "There is the odd
        183 words
      • Article
        STOCKHOLM
        102 28 PRICES on the Stockholm bourse firmed broadly in moderate early trade yesterday as investors ignored declines in Tokyo and focused on hopes that talks between the US and Iraq could solve the Gulf crisis, dealers said. By mid-morning, the bourse general index had firmed 0.66 per cent to 878.16
        102 words
      • Article
        Lock icon ZURICH
        266 28 Reuter SWISS shares opened quietly lower as heavy overnight losses in Tokyo and the easier trend in Frankfurt's prebourse trade weighed on the maiicet, dealers said. In addition, high Swiss interest rates and the Gulf crisis continued to depress sentiment. The all-share SMI index fell 10.7 points to 1,398.8
        Reuter  -  266 words
      • Article
        Untitled
        175 28 Toronto l)ec 3 CS Ahitibi I2'A f 'A Alcan Alum 21% Bank Nova Scotia Bank of Montreal 28V« BCEInc 39'/, f '/< BP Canada Inc 16 Brascan CI A I4V« unch Canadian Imp Bank.. 25 unch C'anpac 19% Cominco 22% Mi IXmp Tar 9'/i unch Kalconbridgc (iiant Yellow Knfe 5
        175 words
      • Article
        Untitled
        94 28 NEW YORK Close I'roious l)oc 3 IX>» Jones NYSK Financial S&l' 500 Turnover (million) 2.565.59 2.559.65 118 39 115.55 324 10 322.2 177 192 f 5.94 f 1.07 f 1 88 -15 LONDON Financial Times 30 FTSI: 100 Turnover (million) 1.695 3 1.6*2.81 2162.7 2.149.42 326.1 331.9 F 12.5 F
        94 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback ends easier in trendless Tokyo trading
      1197 29 REPORTS THE US DOLLAR closed mostly easier in Tokyo after a session dominated by technical moves and interbank position adjustments. Trading was active but trendless, dealers said. "It was really very technically- and commercially-driven," said Keiichiro Takcda, foreign exchange manager at Mitsubishi Trust
      1,197 words
    • Article
      INTERBANK FOREX RATES
      395 29 Cross rates Dec 4 I USS SS MS Dm Yen SFr AS NZS USS 1.7205 2.6985 1.5090 133.75 0.5204 1.2895 1.2845 1.6380 SS ***** 1.5684 0.8771 0.7774 0.3025 0.7495 0.7466 0.9520 MS 0.3706 63.76 0.5592 0.4956 0.1929 0.4779 0.4760 0.6070 Dm ***** 1.1402 1.7883 88 63 0.3449
      395 words
    • Article
      MONEY MARKET
      570 29 Interbank rates s$ Bid Offer Overnight 4 1/4 4 1/2 1-month 5 5/16 5 7/16 2-month 5 9/16 5 11/16 3-month 5 5/8 5 3/4 Overnight mode: 4-1/4 t'SS Bid Offer 7 days 7 3/4 7 7/8 1 month 8 9/16 8 11/16 2 months 8 1/4 8
      570 words
    • Article
      Lock icon Lower NZ$ needed for recovery: industry leaders
      612 29 Reuter NEW ZEALAND'S monthold national government should relax monetary policy to effect a lower NZ dollar if the economy was to survive, industry leaders said. Leading the call is Hugh Fletcher, chief executive of Fletcher Challenge, New Zealand's biggest company and producer of
      Reuter  -  612 words
    • Article
      FINANCIAL FUTURES
      1205 29 EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dcc 90 91.81 91.83 91 80 91.80 1244 ***** 2577 Mar 91 92.34 92.37 92.33 92.35 8000 ***** ***** Jun 91 92.52 92.55 92.52 92 53 1904 9544 4041 Sep 91 92.49 92.53 92.49 92.50 575 2274 1028 Dcc
      1,205 words
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  • COMMODITIES
    • Article
      Lock icon Cambodia's rubber output back to pre-war levels
      260 30 AFP RUBBER production in Cambodia is back to pre-war levels and has become a major export item, the official press reported. Under state estimates some 5,000 tonnes of crepe (pressed rubber) will be produced from 123,500 acres of plantations this year, the SPK
      AFP  -  260 words
    • Article
      Lock icon S Korean oil venture with Aramco still hangs in the balance
      166 30 AFP COMMENTS by South Korea's energy minister that government policy barred a planned multi-billion-dollar oil refinery joint venture with Saudi Arabia were being softened by ministry officials. But it was still unclear whether South Korea's Ssangyong Oil Refining Co
      AFP  -  166 words
    • Article
      Lock icon Reforms puzzling Colombian coffee growers
      267 30 Reuter COLOMBIAN coffee producers find it difficult to understand why a coffee system that worked well is being reformed. Ivan Arango, chairman of the National Coffee Growers' Congress that opened in Bogota, said that despite a sharp fall in international coffee prices, the National CoffeeGrowers'
      Reuter  -  267 words
    • Article
      Tin gains three sen on technical rebound
      854 30 REPORTS THE TIN price on the Kuala Lumpur Tin Market edged three sen higher to M$ 15.38 per kg, after suffering a 37scn fall. A dealer said: "It looks as if the market is undergoing some technical correction aN tcr dipping to its
      854 words
    • Article
      PRICES
      1409 30 Rubber Dec 4 MS «■> In toh») S cents/kg Noon Close Inl I RSS Prom pi 153.00/154.00N 153.00/154 00 Int I RSS Jan 91 152.25/152.75 152.25/152.75N Inl I RSS Feb 152.50/153.00 I52.50/I53.00N Inl 2 RSS OP I48.0Q/I50.00N I48.00/150.00N Inl 3 RSS OP 143.00/145 OON I4300/I4500N Inl 4 RSS OP
      1,409 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      344 30 NOTICES NOTICE ess wwiM 11V/ I IvL Notice is hereby given that Mr Paul Leung Jee Hong of Malaysian NRIC No. *****96 is no longer in our employment with effect from 23rd November 1990. He is therefore not authorised to transact any business and/or collect any monies on our behalf.
      344 words
    • Advertisement
      Page 30 Advertisements Column 2
      210 30 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF HOTELINK PTE. LTD. (In Members' Voluntary Winding-up) NOTICE IS HEREBY GIVEN, pur suant to Section 308(2) of the Com panies Act Cap 50 that the Final Meeting of the Members of the abovenamed company will be
      210 words
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      Page 30 Advertisements Column 3
      7 30 Executive Jobs every Saturday in Business Times
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1042 31 City Flight ETA Flight ETD Abu Dhabi GA895 1225 3 Adelaide QF81 2010 QF82 2115 SQ227 2200 Amsterdam GA895 1225 KL814 1730 KL813 1525 SQ24 2215 Athens 0A71 0015 Auckland NZ25 1825 NZ28 1950 SQ388 2030 Baiikpapan GA524 1150 Bandar Seri SQ182 0915 Begawan SQ181 1410
    1,042 words
  • THE TRAVEL PAGE
    • Article, Illustration
      The heart of modern Hungarian art
      721 31  -  LETTER FROM HUNGARY By Alexandra Shelley SINCE the turn of the century artists in Hungary have flocked to Szentendre, a small town less than an hour from Budapest by ferry, train or taxi. Its meandering cobblestone streets and steep alleyways lead to over a
      721 words
    • Article
      MONEY CHANGER RATES
      154 31 As at 3pm yesterday: Ijocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3300 1.3500 Canadian dollar 1.4650 1.4850 NZ dollar 1.0300 1.0500 Sterling pound 3.2850 3.3050 US dollar 1.7190 1.7290 I iical dollars to 100 units of foreign currency Austrian schilling 16.00
      154 words
    • Article
      WORLD TRADE EXHIBITIONS
      42 31 Duration Title Venue Organiser Tel Dec 5-7 Internal tonal Stockholm Stockholmv(46)8/*****00 Exhibition massan AB of Medical Sciences Duration Title Venue Organiser Tel Jan 11-14 International NordSalon 1991 Household Villepinte International Appliances Trade Exhibition Professional Show Centre des Arts Menagers
      42 words
  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      17 31 EFFECTIVE RECRUITMENT ADVERTISING. ITSONLY A CALL AWAY... Ask For Jennifer *****37 Noorani *****02 Veronica *****42 TBnslness Times
      17 words
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      Page 31 Advertisements Column 2
      580 31 CHUAN HUP HOLDINGS LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the TWENTIETH ANNUAL GENERAL MEETING of the Company will be held at 322 Jalan Ahmad Ibrahim, Singapore 2262, on 28 December 1990 at 10.00 a m. to transact the following
      580 words
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      258 31 Plane crash in the Himala10 The old hag is really a de- ~~T^Br "MH~~"" lightful person (7) 12 Recoil gun used by fisher13 Strange enough to laugh at war dress now obso- Ifl |H|~~jjHHH|BlB 17 Showed consideration and I I I I I I I I I P 1 I
      258 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      214 31 Singapore Outlook: Windy with passing showers over several areas in the afternoon. Forecast: Maximum temperature 31.8"C Assoc humidity 59% Minimum temperature 24.6* C Assoc humidity 91% Hours of sunshine 7.10 Rainfall in mm Trace Rainfall this month 0.1 Rainy days this month 0 World forecast Asia-Pacific Hi/I>o* Cond. Auckland 21/16
      214 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      31 31 IZ~ sorrn/— i (rn FesToortep with uoßt. M? BRISfOU) "filS A VCfSN'T TRLX.J V Lefi-ei? DoesfJ 'r mwce r~\ S£ "ii cf l C EVENING STANDARD CO. LTD.. IM2-IMO Q'Ckfl*. 8319
      31 words
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  • Article, Illustration
    Planning must take stock of bumiputra growth
    486 32  -  Country Risk Seminar on Malaysia in the 1990s By Kenneth James MALAYSIAN economic planning must take into account rapid demographic and population changes that will see ethnic Malays and other bumiputras making up almost two-thirds of the population by the year 2000, economist
    486 words
  • Article
    Lock icon Dai-Ichi Kangyo to raise short-term rate
    186 32 AFP JAPAN'S biggest bank, DaiIchi Kangyo Bank Ltd, is to raise its prime short-term lending rate by 0.25 percentage point to 8.25 per cent next week, banking sources in Tokyo disclosed yesterday. The move, expected to take effect on Dec 11, reflected higher deposit
    AFP  -  186 words
  • Article, Illustration
    PBS withdrawal from NF backfired, says ex-minister
    441 32  -  By David Chew BY WITHDRAWING from the National Front coalition just days before the general election in Malaysia, the Parti Bcrsatu Sabah's strategy backfired, commented a prominent Malaysian politician at a seminar held in Singapore yesterday. If anything, said Datuk Shahrir Samad, the
    441 words
  • Article
    Lock icon Johor to go ahead with Economic Triangle plans
    400 32 Bernama JOHOR will go it alone and launch several preliminary projects with Singapore and Batam island in Indonesia under the Economic Triangle pact. Mcnteri Besar Tan Sri Muhyiddin Yassin said yesterday. He said the state government felt that these projects, such as
    Bernama  -  400 words
  • Article
    Lock icon Any Gatt accord reached will still have to clear US hurdle
    290 32 Agencies EVEN if the 107-nation Gatt talks in Brussels overcome divisions and agree on major reforms of world trade, another fight will have to be waged later when the accord goes to the US Congress for ratification. Any new
    Agencies  -  290 words
  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      131 32 JIL Baume Mercier GENEVE 1830 ,5 DO Best Restaurants I 1991 t '4Br v\ Ranked among Tailor's VV 100 Best Restaurants in —-sjZ'j Singapore. And praised by ()<)( connoisseurs for serving the best Ikan I'epes (grilled fish in banana leaf) in town. TnPrP riVP t~\A/0 A This most prestigious award
      131 words
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      Page 32 Advertisements Column 2
      7 32 Privatisation saves KL Ms3.9b: economist, Pg 8
      7 words
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      Page 32 Advertisements Column 3
      136 32 Baume Mercier GENEVE 1830 Fasg Totor Saratoga Veartng Sale Classic lines. Impeccable breeding. Owned by a few. As finely honed as a champion mount. That's the spirit of Saratoga'. M> CONCORD gentry: CONCORD SARATOGA® 18KG0LD«WTH DtAMONDS RtF 517M37A124 30A)1 S AUTMOWIStO Of AIFRS Asia Watch (Parkway Paradei Chew Cheong Watch
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  • Shipping Times
    • Article
      BA denies turning down Singapore as air hub
      367 33  -  By Rahita Elias BRITISH AIRWAYS has refuted a report in The Times (of London) that the UK carrier had rejected Singapore's proposal to use the Republic as a hub. Mr Kevin Steele, the airline's manager. South-east Asia, said that BA's position had
      367 words
    • Article
      KC Dat to provide complete package for moving office
      314 33  -  By Khaidir Abd Majid KC DAT, the pioneering company in the Malaysian moving and packing business, is gearing up to provide non-disruptive service for those who are moving their offices. These include packing, packing materials, transport, warehousing, insurance needs, forwarding, shipping
      314 words
    • Article
      Lock icon Lockheed rejects Simmons offer
      246 33 AP LOCKHEED Corp has rejected a US$l.6 billion takeover offer from its largest shareholder, Harold Simmons, saying it involved too much debt, particularly in the current tight credit market. "The major disruptions associated with pursuing this highly leveraged transaction, without a high probability of success, would
      AP  -  246 words
    • Article
      Lock icon Need to promote Asean merchant fleet
      186 33 Bernama MORE concerted national and regional action is needed to promote the growth of the Asean merchant fleet and human resources in the maritime sector, Malaysian Transport Minister Datuk Scri Dr Ling Liong Sik said. He said that public sector focus on shipping had
      Bernama  -  186 words
    • Article, Illustration
      Bright prospects for local offshore support industry
      359 33  -  By Selva Kumar THE OFFSHORE support industry in Singapore is set to enjoy better demand and charter rates for offshore support vessels as the search for alternative oil sources in South-east Asia hots up. "Supply of offshore vessels and tugboats has to increase
      359 words
    • Article
      IMC's operating profits fall 24pc to HK$82.4m
      265 33 IMC HOLDINGS Limited has become the first Hongkong shipping casualty of the Gulf crisis by revealing a 24 per cent fall in operating profits. Frank Tsao's listed company has reported a steep fall in operating profits to HK$B2.4 million in the six months
      265 words
    • Article
      Lock icon JAL to expand Japan/Europe passenger service
      387 33 Reuter JAPAN AIRLINES Co Ltd said it is planning a major expansion and upgrading of its passenger service between Japan and Europe, hoping to capture more business in the growing European airline market. Haruo Ushiba, JAL director of International Affairs and Public Relations for
      Reuter  -  387 words
    • NEWS SUMMARY
      • Article
        Dry cargo rates continue to firm
        64 33 FREIGHT RATES continued to firm over the past week on the dry cargo market, supported particularly by a tightness of prompt tonnage in the US Gulf, dealers indicated. The Baltic International Freight Futures Exchange (BiflFex) Baltic freight Index finished the week up 36 points
        64 words
      • Article
        The Oil Pollution Act reviewed
        50 33 THE long-developing and controversial Oil Pollution Act of 1990 was finally enacted when US President George Bush signed it on August 18, 1990. Ernest J Corrado, president of the American Institute of Merchant Shipping, reviews the Act and its impact on tanker operators Page 2
        50 words
      • Article
        Time runs out for Continental
        70 33 TIME finally ran out for the United States' Continental Airlines on Monday after a decade of debt from leveraged buyouts that high fuel costs spawned by the Gulf crisis made worse. Continental's bankruptcy filing its second in seven years is the latest in a series
        70 words
      • Article
        Promoting the Port of Copenhagen
        59 33 IN A MAJOR drive to convince the world that Copenhagen is more than the Tivoli amusement park and tourists Hocking to take snaps of the Little Mermaid, a Port of Copenhagen delegation has been touring the US to lure companies into Denmark to establish European
        59 words
      • Article
        Compass takes to the skies
        61 33 COMPASS Airlines, Australia's newest domestic service, began operations on Saturday with a flight to Sydney that left 55 minutes behind schedule. The company, destined to be the fourth major domestic service behind Ansett, Australian and East-West, is the first to take advantage of Australia's deregulated
        61 words
    • LOG BOOK
      • Article
        Cathay Pacific plans HK-Berlin flights
        41 34 CATHAY PACIFIC has long-term plans to mount flights between Hongkong and Berlin. The airline included the city in its recent licence renewal application to Hongkong's Air Transport Licensing Authority. No detailed plans have been drawn up.
        41 words
      • Article
        Saudis consider C-130 planes
        54 34 LOCKHEED CORP said Saudi Arabia is considering the purchase of up to 17 of its C-130 military transport aircraft. Lockheed chairman Daniel Tellep said the Saudis were considering the purchase of the aircraft, but emphasised that the transaction is not final. The defence aerospace company delivered
        54 words
      • Article
        Midway's hub sale approved
        81 34 MIDWAY Airlines Inc said the US Department of Justice has approved the sale of its Philadelphia hub assets to US Air Group Inc. The airline said the department dropped its investigation of the U5567.5 million deal, clearing the way for closing, which is expected within the
        81 words
      • Article
        Agents seize Eastern records
        92 34 FEDERAL agents have seized records of Eastern Airlines as part of an investigation into allegations that the troubled carrier failed to adequately inspect its airplanes for safety as recently as early November, according to a published report. The seizure of hundreds of safety logs is tied
        92 words
      • Article
        Westland awaits military deal
        61 34 HELICOPTER maker Westland Group, announcing a 27 per cent rise in year profits, said it is still waiting for a crucial military helicopter deal. Britain's Ministry of Defence has delayed the placement of initial orders for a total of. 75 of the EH 101 craft until
        61 words
      • Article
        Buick to extend car rebates
        55 34 GENERAL Motors Corp's Buick Motor Division said it will extend consumer rebates for 1991 Buick models through Jan 7, 1991. Buick also said it will extend rebates, which range from US$25O to US$3,OOO, through Dec 31. Rebates on both 1990 and 1991 models were scheduled
        55 words
      • Article
        Arabs plan reservation system
        80 34 NINE Arab airlines have asked a British firm to help them start a global network of computerised reservations for travel agents in their countries, an Arab civil aviation group said. The Amman-based Arab Air Carriers Organisation (AACO) said nine of its 18-member airlines signed an agreement
        80 words
    • Article, Illustration
      Lock icon What a tough Act to follow
      1376 34  -  Ernest J Corrado, president of the American Institute of Merchant Shipping, reviews the controversial Oil Pollution Act and its impact on tanker operators Ernest J Corrado Seatrade THE long-develop-ing and controversial Oil Pollution Act of 1990 was finally cnacted when US President George Bush
      Seatrade  -  1,376 words
    • Article
      Lock icon WEEKLY FREIGHTS
      760 34 AFP FREIGHT rates continued to firm over the past week on the dry cargo market, supported particularly by a tightness of prompt tonnage in the US Gulf, dealers indicated. The Baltic International Freight Futures Exchange (Biffex)*s Baltic freight Index finished the week up 36 points at 1,348 points,
      AFP  -  760 words
    • Article
      THE SHIPPING GUIDE
      12698 42 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
      12,698 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        586 49 Vend Voy No Berth Arrival Departut Keppei Wharves Ananas 9007 K34 alongside 0812/2300 Bayswaterllg ****** K32 alongside 04 12/1500 Continent I 10/90 K29 alongside 0612/0700 Hamaleverett 5W K30 alongside 05 12/0600 Kota Beriidn 47/90 K31 alongside 06 12/0600 Kota Md|u £875 K33 alongside 04 12/0300 B B
        586 words
      • Article
        CONTAINER SCHEDULE
        1209 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bockri/Balance Rslts Ship Voy No Etb/Btr Period From To From J ACX lade 24A 05/1900 1 04/1500 04/1659 04/1900 Ai Ahmadiah 67 07/0800 2 04/1700 05/0659 05/0900 4 05/1200 05/1459 05/1700 Andro Star 19N 07/1100 1 04/1500 04/1659 04/1900
        1,209 words
      • Article
        IN MALAYSIAN PORTS
        371 49 Port Klang Berth at South Port on Dec 3: 1: Young Chemicary; 2: Kisogawa; 3: Ocean Elite; 4 Melaka Jaya III; 5: ml; 6 Hung Lee 4; 7 Melaka Jaya; 7A Sabana Satu KCT: 8: Kota Bahagia. 9: ml; 10: Bunga Sero)a. North Port; 11: Yin Chuan;
        371 words
      • Article
        DAILY FREIGHTS
        1045 49 CONFIRMATION of a firmer U5524.75 being paid on the key US Gulf to Japan grain route lifted charter business on the freight market on Monday, brokers said. The deal was concluded on Friday and compared with US$24 seen for this business earlier last week. The Baltic Freight Index
        1,045 words
    • Article, Illustration
      Lock icon Fuel costs and debts finally catch up with Continental
      358 50 Reuter TIME finally ran out for the United States' Continental Airlines on Monday after a deeade of debt from leveraged buy-outs that high fuel costs spawned by the Gulf crisis made worse. Continental's bankruptcy filing its second in seven years is
      Reuter  -  358 words
    • Article
      Lock icon Australia's newest domestic airline starts services
      218 50 AP COMPASS Airlines, Australia's newest domestic service, began operations on Saturday with a flight to Sydney that left 55 minutes behind schedule. The company, destined to be the fourth major domestic service behind Ansett, Australian and East-West, is the First to take advantage of
      AP  -  218 words
    • Article
      Lock icon Danish delegation tours US to promote Port of Copenhagen
      589 50 spring of 1994. Lloyd's List IN A MAJOR drive to convince the world that Copenhagen is more than the Tivoli amusement park and tourists Hocking to take snaps of the Little Mermaid, a Port of Copenhagen delegation has been touring the
      spring of 1994. — Lloyd's List  -  589 words
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      Page 33 Advertisements Column 1
      31 33 Ijli UNITED I Elio LEASING I SERVICES PTE UD HBHB Calt Te1:471 3033 ANRO can provide^' For today and tomorrow. your partner for further Neptune Nediioyd Australia The AYERS ROCK, AUSTRALIA
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      28 33 Container Schedule 17 Daily FragMs 17 into to Advertisers 3 Shaping Gwde 10.11 Ships m Port 17 Singapore Tides 17 Weather and Sea Conditions 17 Weekly Freights 2
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      Page 34 Advertisements Column 1
      90 34 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS #1, 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
      90 words
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      Page 35 Advertisements Column 1
      1887 35 nvoiiiouaj UWVIUWI IVVi 200 C«ntonmMt Road #12-05 Soutti point. Sinpport 0201 \llVFr TM *****11 TELEX NO RS ***** Hfrmii terminal/cfs t«i *****11 -220 IVFAAAfIrI BOOKINGS Ttl *****34 235 1 VS"yf 'M PESAKA JARDINE SNIPING AGENCIES SON. BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** HBi PENANG TEL *****4 TELEX NO
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      Page 35 Advertisements Column 2
      1349 35 INDEX TOMWRIISERS Page Col P*ge Col I A 0 I •llosd 1 not ino 4 1/2 Pi. J Lucky Seaway 15 3 ABC Containcrlinc 13 5 Lylies Lines Accord Group 8 1-3 EST TS AhS 15 I U I— J5 I AhrcnkicllLiner 16 3 Mac-Nels Agencies 14 1/2 I A
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      Page 35 Advertisements Column 3
      2229 35 PBIMB WAYPORT LOADERS MARIT MAERSK 9102 eta 11/12/90 TREIN MAERSK 0012 Stt 10/12/00 > VMM* Voy ETA I ETO 'Port 'Peneno DESTINATIONS Singapore Kelang TM* m« M«rn M doz f—a»- by ■zssSBBSQSSESaSS&QEEBEaffIiHi ii/i» c*oo has r«to ■081 MB BIH C FS 10/12 2398 MRS M Tauro OAK LOB HOU MEM
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      Page 36 Advertisements Column 1
      1270 36 I A A A If■ B H w 9 w HHH m w P ROTTERDAM/ _< VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE I KATSURAGI 03/5*5 6/12 30/12 26/12 27/12 23/12 31/12 t TOKYO BAY 02/550 9/12 27/12 29/12 31/12 HAMBURG EXPRESS 99/549 13/12 7/1
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      Page 36 Advertisements Column 2
      583 36 issH3^lrTQ6il DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT SEASPAC I 28/12 10/1 12/1 17/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO. APIA ft NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP SEASPAC I 28/12 30/1 31/1 3/2 Alto accept"* Carjo to Callao (Ptru) via Valpa Agents: SINGAPORE:
      583 words
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      Page 36 Advertisements Column 3
      1503 36 sxms. REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND F6R EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA X/l A (VIA (VIA LG) HAM) ROT) NORTH SEA 040W 10/12 31/12 02/01 05/01 06/01 07/01 08/01 09/01 08/01 NORASIA SINGA 9041-3 16/12 07-01 09-01 .12/01 13 01 14/01 15 01
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      Page 37 Advertisements Column 1
      1806 37 SggSteamers Maritime Holdings Ltd P&O flf WSTRAITS SHIPPING r Singapore to Branti, Em! Malaysia, l»Pv Containers mjmt ACCEPTS DUE SAILS Voy No PKlanf S'pote S too H burg B haven IT mm L«* r»aen K»!Ml8ACl (8545 B SER 02 12 06.12 MOl 26.12 30/12 23,12 02(01 TOKYO BAY ®M 0
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      Page 37 Advertisements Column 2
      1463 37 TO: EUROPE TO: FAR EAST SPO*£ HK MO KOC BU cp i u RfM HAM B'HVM BRf FIX MANJIN HAMBURG OBJ£ M/ 12 11/12 14/12 Vflll 2tyl2 chotanc chance %»uss™ 5T m* STo. 0 1 gg SH u SiS HANJiN OAM AND 01IW «U »U 2//12 2*12 »12 »12 «/U
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      Page 37 Advertisements Column 3
      412 37 STRAITS/ JAPAN/ STRAITS SERVICE' SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC LEVIN YOUNC ASIAN CHALLENGER SOLDIER TRADER VOY NO 3 1 9 Spore 10/12 11/12 13/12 17/U P. Kelang 12/12 20/12 Yangofi 17/12 j -Mongla 11/12 Chittagong 20/12 Calcutta 23/12 ~T J Yokohama 21/12 1W f Nagoya 26/12 «/l Osaka
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      Page 38 Advertisements Column 1
      607 38 m CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL,VOY rSPOftl ROAM ADAM H BURG BREMEN ANTWERP SRIWIJAYA 3UMB In Port 3/1 9/1 14/1 17/1 KUTAI/21W8 22-26/12 24/1 30/1 4/2 6/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Ssbject to Inducement Also accepting cargo to Csssblsncs. Port Said. Port Alexandria. Genoa.
      607 words
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      Page 38 Advertisements Column 2
      855 38 ItfftHANJIN SHIPPING I Yy FULL CONTAINER SERVICE IS potelLEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LAX OAK 6,12 22/12 24,12 25/12 26/12 SKIP 29/12 HANJIN HAMBURG 003E 10/12 H KUNSAN 058E 4/1 6/1 8/12 26/12 27,12 28/12 28/12 30,12 31/12 HANJIN ROTTEROAM 011E 17/12 H POHANG
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      Page 38 Advertisements Column 3
      1341 38 IPKL SGP HKC KSG KLG PUS HKT OS* SII2 TYO LAX CHS BAL NYC LHV AN* RDM THf HBG SCP M E GENTRY RE 034 4/U S/12 11/U 12/12 14/12 I*l2 I*l2 20(12 22/12 23,12 4/1 16,1 I*l IJ/1 2»0 30/1 31/1 1/2 3/2 Zti l E GATHER RE 033
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      Page 39 Advertisements Column 1
      1910 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL *****77 (CR NO: **********0E) jfl BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 S AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 UJ LJ CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA n l cicoo
      1,910 words
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      Page 39 Advertisements Column 2
      1044 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND VESSELS VOYAGE |SPORE |MANIIA HKONG VOYAGE SPORE PKLANG HBURG B HAVEN
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      Page 39 Advertisements Column 3
      127 39 '■hm SAMUOHU MOOKSU |S| SHL MD. 18 McCALLUM STREET #1444 NATWEST CENTRE Wwpow 01M Tatox: R*****0 I T«fc tn 48EI fmx: 228 <M> SIN-JKT-SIN VOY SIN JKT PRASETA 125 A In Pt 08/12 PELOPOR 965 08/12 11/12 PRASETA 127 A 12/12 15/12 PELOPOR 966 15/12 18/12 PELOPOR 967 22/12 25/12
      127 words
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      Page 40 Advertisements Column 1
      1503 40 BK LINE KAWASAKI KISKN KAISHA. HI). EXPORT N. AMERICA PACIFICSOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST ———-j j J VISS£L VOY MOOS LB OAK THY FEEDER VESSEL VOY THY SCP FEEDER VESSEL VOY 'IMOO •PK.PWG SGP MOTHER VESSEL VOY LB OAK CHI NYC GEORGE W BRIDGE 41 //II I*ll I*ll »U
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      Page 40 Advertisements Column 2
      1171 40 9 PHILIORI€NT LIN€S PT€ LTD 108 ROBINSON ROAD #0/00 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 08 DEC MONTREAL. OTTAWA, TORONTO, CHARLESTON S SAGCT NTAR, o
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      Page 41 Advertisements Column 1
      1608 41 PACIFIC INTERNATIONAL LINES (PTE) LTD |JAKARTA I BANGKOK I VESSEL VOV SIN JKT SIN VESSEL VOV SIN BKK SIN KOTA JADE 09SB a/12 10/12 PEGASUS PIONEER 110N 6/12 9/12 13/12 EDEN 9041 9/12 11/12 15/12 PEGASUS PROGRESS 646N 8/12 11/12 15/12 EDEN 9042 15/12 17/12 22/12 HAI VING 06N 11/12
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      Page 41 Advertisements Column 2
      1194 41 r 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. VESSEL [VOY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN R DAM LHAVRE Katsuragi' 03/545 6/12 30/12 26/12 Via Ha 23/12 Via Rd Tokyo Bay 02/550
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      Page 41 Advertisements Column 3
      328 41 MYANMA FIVE STAR UNE w (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg PAGAN VI64W SW In Pt HPA AN VIS7W 8/11 Dec AVA VIOSW 10/12 Dec 13/18 Oec PATHEIN VIOBW 12/16 Dec «/12 Oec THE BANK LINE (A tervlce of Andrew Weir Shipping) VT SEMI-CONTAINER SERVICE
      328 words
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      Page 44 Advertisements Column 1
      843 44 nSR lINF S INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV ROM ANT HBG BRANDENBURG WMIOI 8/12 VI 4/1 M 2/1 JAPAN SEN Wf 101 11/12 J/1 4/1 H1 7/1 VI BREMEN SEN WFIO2 17/12 4/1 10/1 12/1 13/1 1/1 CARMEN CARINA WMItU 23/12 17/1
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      Page 44 Advertisements Column 2
      1138 44 J J CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 8 DEC ft 15 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRUR6 MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 7/12 14/2 MANILA 8/12 15/12 PENANG 7/12 4 14/2 BUSAN 7/12 15/12 BANGKOK
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      Page 44 Advertisements Column 3
      314 44 LOADING FOR vessel riroit cbo dsn bairis hviwo rio sis vit pagua WOSTMKN I ISiIJ 11/U 1/1 M/I "J 1 w i/«o*3 1 AISO LOADING FOR BUtNOS AIRES Turkey. Red Sea/ Med Ports. Spore f Xeitnt Pmubj laid rw (or CCNCIIK Vl9O S OCC 11 DEC OPT DCRiNCC ISTANBUL i/MiR
      314 words
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      Page 44 Advertisements Column 4
      1300 44 SP CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE til »J» 2. MISTRI ROAD. HMC BUILOING r.v Stt #15-00, SINGAPORE 0207 CABLE C OSTARLI NE CR NO **********0 M CABLE CUMAKLINt General Agents: COSTAH SHIPPING PTE LTD TO EUROPE FROM EUROPE VESSEL,VOT SCP HX ROT HA* ANT DKK VESSEL VOY
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      Page 45 Advertisements Column 1
      810 45 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA II IPI Ih-stns 8/12, 15/12 j EUROPE all Ports 8/12, 15/12 BANGKOK 8/12, 13/12 HONGKONG/CHINA 9/12, 15/12 SYD, MEL, ADEL, BRIS 9/12, 16/12 FREMANTLE 9/12, 16/12 MANILA 14/12, 21/12 PKLG/PENANG 9/12, 16/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
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      Page 45 Advertisements Column 2
      254 45 'f£l| RICHFIELD MARINE AGENCIES (S) PTE LTD 3f TEL: *****33 (12 Lines) m FAX: *****15/*****03 [fTIJ TELEX: RS ***** RISHIP (3 Lines) O ETHIOPIAN SHIPPING LINES Rational Lines of Ethiopia) acceptTng fclTnd conventionaU VESStI Ivoy TirA [loading for Sf*ORE ABYOT In PI DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAY W(W
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      Page 45 Advertisements Column 3
      847 45 MASKAPAI PELAYARAN WPULAU LAUT fULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED OAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSI VOY SIN JKT PAJ SIN OKUNOZE
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      Page 45 Advertisements Column 4
      1010 45 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY SPORE~ CEBU MANILA JENLINK J4N Wed In Pt Sat 8/12 KITI BHUM <9R 8/12 13/12 15/U SIRI BHUM#* 472N Thur 6/12 Sun 9/12 SO STAR 50S_ 14/12 20/12 22/12 NANTA BHUM 18N Thur 6/12 Sun 9/12 KITI BHUM 51R 21/12 27/12 29/12
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      Page 46 Advertisements Column 1
      1157 46 (T V. MAC-NELS SINGAPORE j export tel: *****22 import tel *****02 AAA PENANG TEL (04) 634b36 KK TEL (088) 2422b0 TAWAU TEL (08')) //86/9 11 "l p KELANG lEL (03) *****// KUCHING FEI (082) *****3 SKAN TEt (009) 2146® I ~f\-/\~ IJ BAHRU lEL (0/) *****2 SIBU TEL (08-1)*****2 LABUAN
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      Page 46 Advertisements Column 2
      402 46 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAIN KRISKD MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND* NAPIKK. WELLINGTON. BLUFF. CHKISTCIIUKCH. DUNEDIN, LYTTKLTON, INVKKCARGII., FIJI AND TAHITI SIN N PI Y AUCK IVI MULBERA 18S 14 Dec 2S Dec Via NPL
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      Page 46 Advertisements Column 3
      1461 46 /3TI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No:_ *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL Ivor ETA |»EST VESSEL VET ETA ToEST KIM SOON LI 47/90E 07 DEC PENANG EQUATOR
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      Page 47 Advertisements Column 1
      754 47 Nctejv 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 Penjng* P Keljng Singapore SHAPLAEVERETT 09)11 Dec 12/14 Dec KAMALEVERETT M DecjOl Jan 02,03 Jan THOMASEVERETT 15/17 Jan 1» 19 Jan "EVERETT
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      Page 47 Advertisements Column 2
      624 47 VSI Ivor Is PORE IMAINLINER IIAX IkST |SAV |WVC |HfX 2IM KAOHSIUNC USE 112 ZIM CANADA 1/1 101 11/1 151 17/1 ZIM KOPER 13E 912 1 M LIVORNO I I 17 1 20 1 22,1 24/1 ZIM OSAKA ISC 1412 2IM LIVORNO 4,1 17 1 m 221 24/1 A VESSEL
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      Page 47 Advertisements Column 3
      629 47 Msing kwang hang SHIFtmO t TRANSPORT AXIOM (FTC) LTD WEEKLY LCL/FCL SERVICE I VESSEL |S PORE 1 JAKARTA [SURABAYA I MEKHANIK KURAKO V3BN 6/12 09/12 lEQUATOR JOY VQ7N 10/12 113/12 VESSEL S PORE BANGKOK A VESSEL 8/J2 12/12 A VESSEL 15/12 20/12 DESTINATIONS ETA SINGAPORE PORT KELANG 7 DEC MANILA
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      Page 47 Advertisements Column 4
      503 47 PERINTIS LINE 11| ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SJN JKT SBY L PRASE TIA I?SA IN PORT oft 12 PELOPOR 965 08.12 It/12 PRASETIA 127 A 12/12 18'12 TANTO UTAMA 1?5 06/12 09/12 TAN TO UIAVA 127 12/12 15/12 TANTO UTAMA 129 10/12 22-12 G<.
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      Page 47 Advertisements Column 5
      365 47 j SIN FAR EAST 9/12 KEELUNG/K AOHSIUNG 8/12 BANGKOK .13/12 MANILA/CEBU 8/12 JAKARTA/BELAWAN/SURABAYA 8/12 PORT KELANG/PENANG/E. Malaysia '<i 6/12 BUSAN 9/12 TOKYO/YOKO/KOBE/NGO/OSA 10/12 HONG KONG also accepting cargo to Huangpu'Shenzhen/Fuzhou/ Xiamen/Xingang Shanghai SJN EUROPE/UK 8/12 LDN/FLX/LVP/SOU 8/12 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania Poland/Bulgaria/Czech. SIN USA/CANADA 6/12 LOS
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      Page 48 Advertisements Column 1
      507 48 Ah CB SHIPPING djaA MARINE SERVICES NORTH QUEENSLAND/PAPUA NEW GUINEA SERVICES CONTAINERLCL/BREAK BULK SERVICE "ANKE" SERVICE SP£ LAE WSIIiA POM T VILLE V.1958 S«hd »20S8 29*12 10,1 12 1 IVI HI Ue f S »ia Pom BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53 50 B/BULK USD 500 LCL USD 350
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      Page 48 Advertisements Column 2
      656 48 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE KS V-21-90W 8/12/90 4/1/91 24/12/90 29/12/90 MB V 24 CW9O 16/12/90 6/1/91 7/1/91 12/1/91 I Y M V 22-90W 19/12/90 15/1/91 5/1/90 10/1/91 IY V 23 90W 26/12/90 23/1/91 14/1/91 18/1/91 KVT V 26-CW9O 29/12/90 20/1/91 22/1/91
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      Page 48 Advertisements Column 3
      323 48 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG/KAOH 06/12 13,12 20/12 27/12 HONG KONG 16d2 23/12 30,12 BUSAN 07/12 10/12 17/12 24/12 BANGKOK 10/12 W2 24/12 01/01 MANILA 13/12 2302 ffi/01 12,"01 USA 08/12 is/12 22/12 29/12 KYC LINE (S) PTE LTD., 158, CECIL STREET DAPENSO BUILDING, #09-00 SINGAPORE 0106 TEL:
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      Page 48 Advertisements Column 4
      560 48 Qf PENANG KL: alliedlihk SINGAPORE: m. 04-*****2 03-*****55 778 6522(22 linesi 3EFA Marina Onfl Sown Ng/Chrlstlna Chlew Irene Cheng/E«tt>«r Yap fwSw\ EO SHIPPING AGENCIES PTE LTD {[mill/ lrl Tlx RS 28 saa NEOSHIP Fax *****59 Tel *****29 (6 Lines) A VSL 10 —15 DEC CHITTAGONG/CALCUTTA A VSL 10 15 DEC
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      Page 48 Advertisements Column 5
      358 48 FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 24N8 1112 VIGOUR PACIFIC 25N8 BANGKOK 8/12 15/12 BUSAN 6/12 11/12 HONGKONG 6/12 10/12 DURBAN 13/12 27/12 KEELUNG 9/12 16/12 PT. LOUIS 13/12 27/12 PT KELANG 7/12 14/12 KOBE 10/12 17/12 PIRAEUS 10/12 20/12 OSAKA 11/12 18/12 J JAKARTA 14/12 15/12 SURABAYA 30/11 24/11
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      441 49 TIDES AND WEATHER TODAY'S TIDES "(height in metres) HOUR 0000 0100 0200 0300 0400 0900 OSOO 0700 otoo 0900 *****100 1200 *****400 *****C**********1900 2000 2100 2200 2300 ir 23 26 2.7 2.5 21 1.7 1.3 1.2 1.3 16 2.2 29 34 3.5 3.2 2.7 2.0 1.4 OJ 0.5 0.3 0.3
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      Page 50 Advertisements Column 1
      329 50 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 15/90 12/12 25/12 TONG SERN 10/90 20/12 31/12 For Enquiries Call CALVIN HO/DANY LAU U§\ HIAP HOE SHPPNG ENTERPRISE I 9/Jil J TEL: *****66 FAX: *****10 \Jf[l y TLX RS ***** HHSHPG PT. PELAYARAN. samudra agung PERFECT
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      Page 50 Advertisements Column 2
      724 50 I 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 HKG SIN HYUNDAI EXPLORER 36E 7/12 13/12 31/12 2/1 4/1 3/1 LALANDIA 35* 30/10 2/11 5/11 23/11 2/12 HYUNDAI COMMANDER 22E 14/12 20/12 7/1
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      Page 50 Advertisements Column 3
      580 50 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) -tm^m^Hr Hamburg to Coo«fiM|«i Aarhut. Goth«fit>ur{ Malmo S PORE STON H BURG B HAVEN R DAM LEH Holainki Stockholm KATSURAGI 03 545 t/12 »L 2 2*12 2*12 RotlonUm to Antwtro. Amtartfam. Otlo. H«l»nk> TOKYO BAT 02 550 912 2>12 2*12 11/U Br.monha.of>
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