The Business Times, 6 December 1990

Microfilm: NL17371
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday December 6 1990 75*
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  • NEWS SUMMARY
    • Article
      Philippines raises domestic oil and gas prices
      61 1 THE PHILIPPINES raised domestie oil and gas prices by an average 45 per cent yesterday because of the Gulf crisis. Motorists were hit hardest, with prices of premium petrol going up by almost 80 per cent. The increase in fuel oil prices for
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    • Article
      New plant opened
      22 1 DALLAS-BASED Halliburton Manufacturing has opened a plant in Singapore which will cater to the oil drilling industry Page 2
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    • Article
      Investment boost
      23 1 OIL terminal operator Van Ommercn. with $200 million worth of investments in Singapore, is planning to spend some more Page 2
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    • Article
      Fillip for economy
      34 1 THE Bank of Thailand is to propose measures to boost the country's economic resilience in the financial, manufacturing. investment and taxation areas in talks with two other government agencies. Page 8
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    • Article
      Hanoi wooing oil firms
      37 1 VIETNAM, faced with an imminent shortfall in its supply of cheap Soviet oil, is hoping Western or Japanese firms will help it build a billion-dollar refinery to meet its domestic needs Page 8
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    • Article
      Japanese slowdown
      22 1 JAPAN'S economic juggernaut showed signs of losing steam in the third quarter, slowed by steeply rising interest rates Page 9
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    • Article
      Decision downplayed
      27 1 A SENIOR Japanese government official has downplayed Tokyo's agreement this week to co-sponsor a proposal to open the world's banking and financial markets Page 9
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    • Article
      Reforms yet to come
      23 1 EVERYONE says the Indian banking system needs a major overhaul, so why has it not been done? Page 11
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    • Article
      Knights arrive
      9 1 THE BRITISH Knights have arrived Page 12
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    • Article
      Wide growth range
      37 1 THE AIR CARGO industry is likely to see volume handled grow by between 4 and 10 per cent next year, against the 8 per cent forecast for this year. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      20 1 WALL STREET opened down yesterday, with the Dow Jones Index of leading industrials losing 5.45 points to 2,574.25.
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    • Article
      Footsie higher
      27 1 SHARES in London were slightly higher at midday yesterday. At about 1215 GMT. the Financial Times-Stock Exchange 100-Sharc Index was up 1.7 points at 2,148.0.
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    • Article
      Rumours over UIC
      21 1 UlC's biggest shareholder has bought more shares amidst rumours of a takeover bid for the company Page 3
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    • Article
      Cloudy outlook
      12 1 GLOOMY TIMES are ahead for Lum Chang Holdings Page 3
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    • Article
      Launch delayed again
      23 1 THE LAUNCH of Malaysia's broker depository system, the forerunner to the central depository system, will be delayed again Page 3
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    • Article
      Chem Bank moves HQ
      17 1 CHEMICAL BANK has moved its regional headquarters to Singapore from Hongkong Page 7
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 559.53 +2.36 Kuala Lumpur 480.03 +9.32 Hongkong 3,066.25 +45.39 Tokyo 22.193.72 +331.11 Sydney 1.322.0 +4.6 Tuesday Change New York 2,579.70 14.11 London 2,146.3 -16.4
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    • Article
      CURRENCIES
      19 1 Exchange rates USS SSI.7180 Yen S$ 1.2879 MS SS0.6365 Money market rates Overnight 4-1/2% 1/4 3-montn 5-9/16 -1/16
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    • Article
      COMMODITIES
      34 1 London Gold AM fix US$377.30 USS0.30 Rubber S'porc Jan I51.75'/kg -0.50 M'sia Jan 24I.OOVkg -0.50 KLTin Turnover 40 tonnes +10 Spot M$l5.32/kg -0.06 Crude palm oil Turnover 1,939 lots +739 Dcc M$829/tonnc -14
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  • Article, Illustration
    Inter-Pac sells Magnum stake to Dunlop Estates
    673 1  -  Group makes capital gain of M 543.8 million By William Chia THE 10-month-long struggle for control of diversified gaming concern Magnum Corp has finally ended. One of Malaysia's most aggressive business tycoons, Datuk Vincent Tan of the Inter-Pacific group, has sold out his
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  • Article
    Lock icon White House projections set to acknowledge US recession
    243 1 AFP THE BUSH administration is preparing economic projections showing the US in a recession, says The Wall Street Journal. Until now, US President George Bush and his top aides have carefully avoided using the word "recession" publicly, preferring to say "serious slowdown"
    AFP  -  243 words
  • Article
    Lock icon UK rejects report on Iraq's conditions for withdrawal
    326 1 The Gulf Crisis Agencies BRITAIN yesterday rejected a report that Iraqi leader Saddam Hussein had spelled out a negotiating position with senior international envoys, saying "nothing is negotiable" until Iraq complies fully with all UN resolutions. A spokesman was reacting to a
    Agencies  -  326 words
  • Article
    Farm subsidy stalemate stalls other Gatt items
    468 1  -  From Yong Pow Ang in BRUSSELS AN EMERGENCY meeting of the European Council of Ministers for Trade and Agriculture scheduled for 6 pm yesterday (I am Singapore time today) will decide the success of the Uruguay Round talks. At press time last night,
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  • Article
    Call to ensure integrity of financial system
    127 1 LIBERALISATION of financial services should not prevent a country from taking prudent measures to ensure the integrity and stability of its financial system. Southeast Asian central banks maintain. Ihese measures include the preservation of banking secrecy and the protection of investors, depositors, policyholders
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  • Article
    EC considering setting up research centres with S'pore
    264 1 THE EUROPEAN Community is studying a proposal to help Singapore set up research centres in environmental engineering and creative services. These will be the first ECSingapore projects if they come through. The Community has had a few cooperative projects with Asean, of
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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    • Advertisement
      Page 1 Advertisements Column 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Prime Minister Goh thanks well-wishers
        50 2 PRIME MINISTER Goh Tong Chok has thanked all the people who sent him eongratulatory messages on his recent appointment to the top executive job in Singapore. He said: "With your support and good wishes, we will all be able to keep Singapore thriving and growing."
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      • Article
        New British envoy
        54 2 THE Foreign Commonwealth Office in London has announced that Gordon Alridge Duggan will be the British High Commissioner to Singapore to succeed Sir Michael Pike, who left Singapore last month and has retired from the British diplomatic service. Mr Duggan, married with three children, arrives in the
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      • Article
        PWD reminder
        53 2 THE Public Works Department reminds the public that a license must be obtained from its Building Control Division before an advertisement sign, a banner or a poster is displayed in public. The reminder comes after a recent incident where a firm was fined $20,900 for displaying 209 posters
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      • Article
        The eyes have it
        75 2 WITH the recent publicity given to eye care in this region, next year's international optics exhibition in Singapore has received strong response from trade and professional bodies in Taiwan, South Korea, Malaysia and Thailand, the organisers say. To be held next September, half of the space
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      • Article
        Corrections and clarifications
        74 2 IN THE ARTICLE headlined "NETS reaching out to wider customer base" yesterday, it was stated that NETS had installed more than 700 automated teller machines this year. It should have been 700 terminals. Also, the monthly charge that businesses have to pay for having a NETS installation
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    • Article
      Van Ommeren to increase storage space
      309 2  -  By Lilian Ang WITH some $200 million already invested in Singapore, the republic's pioneer independent storage operator Van Ommeren is planning to expand further its chemical storage facilities. The new facilities will be spread over two locations its current base on Pulau Scbarok and
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    • Article
      Mobil signs five-year deal with Van Ommeren
      190 2 OIL major Mobil has signed a five-year contract worth about $25 million with oil storage operator Van Ommeren for space in the latter's Pulau Sebarok tank farm. The contract, on a much longer term than the usual one or two years secured by
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    • Article
      Ow Chin Hock to chair new GPC for Information and Arts
      265 2 A NEW government parliamentary committee (GPC) for Information and the Arts has been formed, and chairmen and members of 11 other GPCs have been appointed. Announcing the new GPC line-ups yesterday, the Leader of the House Mr Wong Kan
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    • Article, Illustration
      Visits by defence chiefs underscore close ties
      174 2 VISITS to Singapore this week by the Defence Chiefs of Indonesia and the Philippines rcflcct the close tics between the armed forces of these countries and the Singapore Armed Forces. General Try Sutrisno, Commander-in-Chief of the Indonesian Armed Forces, called on the Prime
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    • Article, Illustration
      Halliburton sets up plant to make oilfield equipment
      213 2  -  By Claire Leow DALLAS-BASED Halliburton Manufacturing has opened a plant in Singapore which will cater to the oil drilling industry. The 36,000-square feet factory in Jurong makes a complete range of downhole oilfield equipment and will garner yearly sales of about US$3O
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      131 2 On target, CHARTPOINT every Saturday r£*f^^Hf|^H w BL T w* ilgM» at y. a. w «aflH» w.M %3rslw^ JK*» vM W'Jf*" W Rra^n^^^g For over 10 years in Singapore, we at the Philips Tuner factory have been using Amtek Engineering Ltd as our main supplier of sophisticated precision tools and
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Talk of takeover bid on UIC again in the wind
      510 3  -  Biggest shareholder Oei Hong Leong buys more shares By Magdalene Ng TALK of a takeover bid on United Industrial Corporation (UIC) again swept through the stock market yesterday, even as UlC's biggest shareholder Mr Oei Hong Leong continued to build
      510 words
    • Article
      Lum Chang's annual report paints a gloomy picture
      506 3  -  By Lee Han Shih FIGURES in the latest annual report released by Lum Chang Holdings yesterday painted a gloomy picture for the construction, property, hotel and stockbroking group. An analysis of the group's activities suggests that if profit is the only consideration,
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    • Article, Illustration
      Good response to The Waterside
      348 3 THE FIRST residential project by OCBC Bank in many years has received a much better than expected response. Called The Waterside, bookings for the huge condominium project currently under construction in Tanjong Rhu started yesterday. Potential buyers eager for a home near the East Coast
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    • Article
      Launch of KLSE depository system to be delayed again
      401 3 THE LAUNCH of Malaysia's broker depository system (BDS). the forerunner to the central depository system (CDS), will be delayed again, the Malaysian Business Times reported yesterday. Sources in Kuala Lumpur say the BDS cannot be implemented as scheduled on Jan I
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    • Article
      Lock icon Time says Celcom stake will help it diversify
      165 3 Bernama TIME ENGINEERING Bhd says its proposed M 581.5 million acquisition of a 49 per cent stake in Celcom Sdn Bhd will enable it to diversify into a fast-growing industry. Time chairman Datuk Shamsir Omar said in a circular to shareholders and
      Bernama  -  165 words
    • COMPANY BRIEFS
      • Article
        Grand Central explains proposed Johor deal
        108 3 IN RESPONSE to an earlier SES query. Hotel Grand Central said the land it plans to buy in Johor for M 59.81 million in cash is freehold commercial land with good location and good density for building hotel and service apartments. No valuation has
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      • Article
        Guthrie GTS sets up new unit
        31 3 GUTHRIE GTS has set up a new subsidiary, Guthrie Overseas Investments (HK), with an authorised capital of HK$ 10,000 and a paid-up capital of HK$2.
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      • Article
        Singatronics gets nod for issue
        21 3 SINGATRONICS said yesterday that shareholders have approved its proposed $33.35 million one-for-two rights issue with warrants.
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      • Article
        PSC seals property deal
        31 3 PROVISIONS SUPPLIERS Corporation said yesterday that its sale of a freehold property at 4 Kim Chuan Drive for $6.9 million in cash was completed on Nov 30.
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      • Article
        C&C Bintang takes up stake
        143 3 CYCLE CARRIAGE Bintang has entered into two separate conditional sale and purchase agreements with Automobiles Peugeot, Asia Motor Company (KL) and Asia Motor Company to buy 2.8 million shares in Asia Automobile Industries, or a 63.6 per cent stake. The purchase consideration, to be finalised,
        143 words
      • Article
        AMDB posts lower profit
        91 3 ARAB-MALAYSIAN Development Berhad recorded a 23.6 per cent fall in group pre-tax profit to M$ 18.21 million for the six months ended Sep 30, 1990, against M 523.83 million in the same period last year. It said in a statement yesterday that turnover for the group
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      • Article
        Wing Tiek unit buys shares
        62 3 WING TIEK Holdings Berhad said yesterday that its subsidiary, Wing Tiek Metal Industries Sdn Bhd, had acquired two ordinary shares of Msl each fully paid in Wing Tiek Special Steel Industries Sdn Bhd on Nov 17, 1990, as a result of which Wing Tiek Special
        62 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      139 3 TLeire Are Tlnose lio RerocjiriJise Tlie Crafl Of Gerald jeula. Aradl 1 here Are J Lose W lio Cam Also Afford It. The watchmaking genius of Gerald Genta is encased in every timepiece he designs. Each is a treasure. And each carries his name to hear testimony of his art.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Shell unit opens mine on Indonesian island
        85 4 BILLITON International Metals BV, the metals arm of Royal Dutch/Shell Group, has brought on stream a new 600,000 tonnes a year gold, silver and baryte mine at Lerokis on the Indonesian island of Wetar. The US$34 million mine is operated by PT Prima
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      • Article
        Toyota plans 2nd Thai plant
        105 4 JAPAN'S top car maker, Toyota Motor Corp. said on Tuesday it was considering building another production plant in Thailand to meet rapidly growing car demand there. Motor vehicle sales in Thailand for the first 10 months of the year jumped 50 per cent from the
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      • Article
        Elders is Foster's Brewing
        87 4 ELDERS IXL Ltd said all trading in its shares on the Australian Stock Exchange Ltd from Thursday will be under the name Foster's Brewing Group Ltd. Shareholders of Elders approved the change of name at the annual meeting last weefc. Elders IXL said its new stock
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      • Article
        Mitsubishi buys mergers firm
        87 4 JAtf\N's largest company, Mitsubishi Corp, will buy a 20 per cent share in the British firm Phoenix Securities which specialises in mergers and acquisitions, a Mitsubishi spokesman sai&on Wednesday. Mitsubishi refused to disclose the value of die deal which for the first time will allow a
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      • Article
        Sumitomo to build UK offices
        93 4 JAPANESE trading house Sumitomo Corp said it will spend £43* million on a 50 per cent stake in Vintners Place Ltd, a w Miy owned unit of Britain's Wates City of London Properties* pic, to help it move into the office building development business in
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    • Article, Illustration
      Zecha plans to build fourth hotel in Thailand
      517 4 Three possible sites in Chiang Mai identified MILLIONAIRE Adrian Zecha is planning to add another luxury hotel to his stable of three hotels in Thailand. Founder of exclusive hotels like the Bangkok Regent International and the Amanpuri in Phuket, the Indonesian millionaire
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    • Article
      Lock icon Poor sales at home worry Honda
      273 4 Reuter lIONDA Motor Co ltd, while continuing to post a strong performance in the US, is becoming concerned by its poor shotting at home, analysts said. Sales in Japan in November were 32,960 vehicles, down 27.9 per cent from a year earlier, the second
      Reuter  -  273 words
    • Article
      Lock icon NZ to introduce reforms in takeover law next year
      358 4 Reuter NEW ZEALAND'S new National Party-led government plans to introduce draft legislation in Parliament on company takeover law reform by mid-1991, a spokeswoman for Justice Minister Doug Graham told Reuters yesterday. "He thinks there is a real need for a new
      Reuter  -  358 words
    • Article
      Lock icon Bell Group losses wipe out shareholders' funds
      147 4 AP BELL GROUP Ltd's annual report shows that accumulated losses of A 5944 million have wiped out shareholders' funds. Auditors are questioning whether the company can survive. The company was to meet with its bondholders in London yesterday to request a six-month moratorium
      AP  -  147 words
    • Article
      Lock icon Govt sets terms for injecting funds into BNZ
      484 4 Reuter THE NEW ZEALAND government and Fay, Ri<hwhitc and Co Ltd can wi hdraw from a deal to inject extra capital into the Bank of New Zealand Ltd if tha* bank's share price falls bejow 50 ccnts for a period, according to
      Reuter  -  484 words
    • Article
      Lock icon SET move may not help raise liquidity
      238 4 AFP THE Stock Exchange ofL 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 from Tuesday, wiH enable investors to put down only 40 per
      AFP  -  238 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      193 4 I REACH YOUR INDONESIAN CUSTOMERS I Advertise in the PT ELNUSA YELLOW PAGES Directory DONT MISS THIS GOLDEN BUSINESS OR YOU'LL HAVE TO WAIT ONE WHOLE YEAR BEFORE IT COMES around again! PT. ELNUSA YELLOW PAGES enable you to COVER THESE BOOMING MARKETS: h more customers in more P laces
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    • Advertisement
      Page 4 Advertisements Column 2
      107 4 Main Particulars ACCOMMODATION Living Quarters for 200 Men PLATFORM DIMENSION Freshwater Capacity 642 Ton Length Overal 78 76M Fuel Oil Capacity 138 8 Ton Length (excluding Helipad) 58 86M Capacity Watermaker 18To»VDay Breadth Moulded 19 94M Fire Fighting and Life Safety Depth at Main Deck 3 66M According to Imoo's
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      108 5 VACHERON CONSTANTS The VVoriG s oicest Water Manj'aeturer I Genevas~ee-~55 I "'T*At* j v AT J rt fc iii«ppai,& S^lfex 1 j v.- •i* V '.l. v ,£i gl?: i-~ j f t Kty \j v. s y i r v f -Ji I S; r: 't&B 'j./*,Jjg $i't e
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Control Data less optimistic
        86 6 CONTROL DATA Corp chief financial officer William Miller said that current analyst estimates for 1991 earnings of US$l.5O to US$2 per share are "more optimistic than our own internal projections". Mr Miller also said he does not expect a big improvement in the company's first-quarter operating
        86 words
      • Article
        Consolidation of Polly Peck
        97 6 ADMINISTRATORS running Polly Peck International pic are expected in the near future to start winding up non-core companies in the sprawling business empire, sources close to the administrators said. There are around 200 companies in the Polly Peck group scattered around Europe, some with no more
        97 words
      • Article
        Carl Zeiss profit falls
        72 6 GLASS MAKER Carl Zeiss Oberkochen said the group's earnings in business year 1989/90 were "considerably" lower than the previous year. Management board chairman Horst Skoludek told reporters the group's turnover dropped 7 per cent to 2.1 billion marks in the year to Sep 30 from the
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      • Article
        ENI offer by end-January
        73 6 ENTE NAZIONALE Idrocarburi (ENI) will carry out before the end of January its announced public offer for the 20 per cent of Enimont SpA which it does not already control, ENI board member Gaetano Cecchetti said. ENI, which last month bought out Montedison SpA, its former
        73 words
    • Article, Illustration
      Lock icon NCR board to review AT&T acquisition offer
      568 6 NYT NCR CORP's board was scheduled to review yesterday AT&T's unsolicited US$9O-a-share stock offer for the company. Analysts said the NCR board would have a hard time rejecting AT&T's offer if a higher bid did not emerge from another source. They said another
      NYT  -  568 words
    • Article
      Lock icon Macy's hits out at rumours of financial trouble
      411 6 NYT FRUSTRATED by the continuing speculation about the financial stability of R H Macy Co. Edward Finkclstein, its chairman and chief executive, took a full-page advertisement in a leading US retailing trade paper on Tuesday to respond to "unfounded rumours and misinformation,
      NYT  -  411 words
    • Article
      Lock icon Trump's Taj casino led in November revenues
      269 6 Reuter REVENUE at Donald Trump's Atlantic City Taj Mahal Casino topped those at all other casinos in the ocean resort town in November, extending a pattern prevailing since the giant casino opened in April. According to preliminary figures released by the Casino Association
      Reuter  -  269 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      Page 6 Advertisements Column 2
      126 6 liil Specuksa m Fme Hand-knotted Carpets GRANDAipiON Lg Sunday, December 9,1990. |j» Grand Ballroom, spj j|S Hilton International, O 100 Hand-knotted Persian, Village, |*p Tribal and Workshop pieces. SSjj Viewing: 10am Ipm JJwj Auction Sale: 1.30pm spm rag KJ| All lots are guaranteed and backed by g|jj a full trade
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  • FINANCIAL NEWS
    • Article, Illustration
      Chemical moves regional HQ from HK to S'pore
      386 7  -  By SN Vasuki CHEMICAL Bank, the New York-based bank yesterday moved its regional headquarters to Singapore from Hongkong. The headquarters will direct the bank's activities throughout Asia outside of Japan, and will concentrate on treasury and eorporate finance. Chemical Bank's global securities
      386 words
    • Article
      Lock icon Sanwa in US investment banking deal
      172 7 AP A TOP Wall Street mergers and acquisitions strategist has announced an agreement to ally with Sanwa Bank of Japan to form a new investment banking firm. Michael Duval had been expected to announce a link with a major bank since leav- ing First
      AP  -  172 words
    • Article
      Astra gets $140m in syndicated loans
      221 7  -  By Diana Oon INDONESIA'S second largest conglomerate, the PT Astra group has raised US$l4O million over the last three weeks from two loan syndications managed by Chase Manhattan Asia Ltd. Hongkong. The most recent syndication, signed in Singapore on December 3. is a multitranche
      221 words
    • Article
      Lock icon Fed eases reserve requirement
      305 7 NYT IN AN UNUSUAL step to improve bank profits and stimulate the economy, the Federal Reserve has announced that banks would no longer have to keep a portion of certain types of deposits in reserve in cash or interestfree accounts. With the US economy weakening, the
      NYT  -  305 words
    • SMALL CHANGE
      • Article
        Stanchart, ABN cut rates by half points
        42 7 STANDARD Chartered Bank and ABN Bank in Singapore have reduced their prime rates by halt" points effective yesterday. Standard Chartered's prime rate is now 8 per cent. ABN is quoting prime of 8.25 per cent.
        42 words
      • Article
        Amex settles Seoul strike
        84 7 AMERICAN Express said all services at its Seoul office have returned to normal following an agreement with the company's union ending the strike that began on Oct 29. The cash advance service, which had been temporarily suspended during the dispute, has also been reinstated. In Singapore.
        84 words
      • Article
        Maybank organising fun fair
        32 7 MAYBANK is organising a food and fun fair on Sunday, as part of its 30th anniversary celebrations. The fair is open to the public from 10am to spm.
        32 words
      • Article
        Retain Soviet currency union
        90 7 A BREAKUP of the Soviet Union's currency union would be a "cause tor concern" to foreigners interested in investing in the country, said Robin Lcigh-Pemberton. governor ot the Bank of England. Speaking at the annual Anglo-Soviet lecture in Moscow. Leigh-Pembcrton outlined measures the Soviet Union might
        90 words
      • Article
        Firm closes arbitrage trading
        53 7 PRUDENTIAL-BACHE Securities Inc said it is immediately ceasing proprietary risk arbitrage trading, which chairman George Ball said earlier had been losing money for the firm. Prudential-Bache and executive vice-president Guy WyserPratte said the operation will continue to service client accounts "pending his announcement as to his
        53 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      98 7 We're captivated to know that oik c- again the standards of Omni Marco Polo Hotel, Singapore have been recognised. The readers of "Executive Travel" and <. lients ot Lxpotel OMNI MARC >0 POLO HOT HL voted us a winner in "Overseas lVst City Hotel" category at the London Hotel of
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  • Page 7 Miscellaneous
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  • THE REGION
    • NOTE BOOK
      • Article
        Fire sweeps through hotel in Vietnam
        63 8 HRF swept through a major hotel in Vietnam's southern port of Ho Chi Minh City, a state-run newspaper said yesterday. I he Quan Doi Shan Dan daily said no easualties were reported in the fire, which began on the seeond floor of the Cuu
        63 words
      • Article
        Fishing ban off Queensland
        114 8 AUSTRALIA yesterday announced a commercial fishing ban, mainly affecting Japanese fishing vessels, to protect game fishing for black marlin off Queensland. The vessels catch the black marlin off the north-east Queensland coast by mistake while fishing for tuna with long-lines carrying up to 3,000 baited hooks.
        114 words
      • Article
        Yangon delegation in Laos
        67 8 A DELEGATION from Myanmar left Yangon on Tuesday for an official visit to Laos, state-run Yangon Radio said in a broadcast monitored in Bangkok. The delegation, headed by Foreign Ministry Director-General Ohn Gyaw, was invited to Vientine for talks by the Laotian government, the radio said.
        67 words
      • Article
        Aussie gold output in decline
        84 8 AUSTRALIA'S gold production could fall by almost Asl billion (US$77O million) within three years, Western Australia's Gold Corporation said in its annual report released on Tuesday. Output could fall from 230 tonnes this year to 170 tonnes by 1993, according to the corporation, the country's
        84 words
      • Article
        Ex-central bank chief charged
        71 8 PHILIPPINE government lawyers have filed criminal charges against the central bank's former chief Jose Fernandez and five aides for alleged abuse of power in closing a major savings bank, court officials said yesterday. The six were charged before an anti-graft court and a regional court in
        71 words
      • Article
        Thai rice exporters fear default
        99 8 THAI EXPORTERS fear they may lose tens of millions of dollars from their rice shipments to Iraq last year, the Bangkok Post newspaper reported yesterday. The daily said Iraq owed nine major Thai rice exporters two billion baht (US$BO million), but had failed to confirm
        99 words
    • Article
      Thai central bank to propose boosting economy
      269 8 THF BANK of Thailand will propose measures to boost the country's economic resilience in the financial, manufacturing, investment and taxation when it holds talks with two other government agencies next week. According to The Nation, the bank will hold talks with the National
      269 words
    • Article
      Lock icon Manila in for very tough times: foreign secretary
      510 8 AFP THE Philippine economy "will be going through some very tough times ahead" in 1991, Finance Secretary Jesus Estanislao said in Manila on Tuesday. However, he expressed hope that the economy "will begin to pick up momentum" in the latter part of
      AFP  -  510 words
    • Article
      Lock icon Plan to restore Cambodian economy
      169 8 Reuter THE DRAFTERS of the Phnom Penh government's next five-year economic plan, for 1991-95, are trying to drag Cambodia forward into 1970. I«ast year, the nation's annual per capita income was US$l7O, US$lO below the figure for 1970, when the land flared into a Mar
      Reuter  -  169 words
    • Article
      Lock icon Hanoi wooing foreign oil investment
      561 8 AFP VIETNAM, faced with an imminent shortfall in its supply of cheap Soviet oil, is hoping that Western or Japanese companies will help it build a billion-dollar refinery to meet its domestic needs, say industry sources in Hanoi. The project was first proposed by the
      AFP  -  561 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      139 8 i I w- Now here's a neat idea for the handyman at home. The Bosch Boxer Drill Set. A briefcase of German engineering, in the form For more information on the Bosch Boxer of a Bosch hammer drill and a full complement of accessories. n ef mai f^'s (ou P
      139 words
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      Page 8 Advertisements Column 2
      30 8 iA\ SA L E BALLY boutique ottsßood #01 OlBShaw Centre 252 North Bridge Road *01 34 i;, .r. [Y):. 10l *****39 i vitfles Oty Shopping Centre Singapore 0617 Tel *****69
      30 words
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      Page 8 Advertisements Column 3
      10 8 British firm finds oil off coast of Vietnam, Pg 26
      10 words
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  • THE WORLD
    • Article
      Lock icon Japan's economy slowed by rising interest rates
      459 9 No need to be pessimistie: vice-minister Reuter JAPAN'S economic juggernaut showed signs of losing steam in the third quarter, slowed by steeply rising interest rates. However, the slower growth rate could help to fend off inflationary pressures. economists said. Gross national product (GNP)
      Reuter  -  459 words
    • Article
      Lock icon Official downplays Tokyo offer on financial services
      303 9 NYT JAPAN'S agreement this week to co-sponsor a proposal to open the world's banking and financial markets is aimed largely at protecting Japanese financial concerns from possible trade retaliation and is so vague it may not have any impact for years, said a
      NYT  -  303 words
    • Article
      Lock icon China's public deficit will pose problems: minister
      197 9 AFP CHINESE Finance Minister Wang Bingqian has warned that the country's growing public deficit will make 1991 a difficult year if the state does not open up new financial resources. Mr Wang said the gap between income and expenses was widening because of
      AFP  -  197 words
    • Article
      Lock icon GNP of former W Germany blazing ahead
      389 9 Reuter HIE (iKOSS NATIONAL product (GNP) of former West Cicrniany expanded by a robust 5.5 per cent in the third quarter of 1990. confirming analysts' predictions that Europe's biggest economy is still bla/ing ahead. The Federal Statistics Office said on Tuesday that economic
      Reuter  -  389 words
    • Article
      Lock icon US speaks out against Beijing's trade curbs
      256 9 Reuter THE US is seriously concerned about the restrictions China places on its overseas trade and is trying to formulate a strategy to combat them, the Treasury Department said earlier this week. It blamed America's rising trade deficit with China largely on the
      Reuter  -  256 words
    • WORLD WATCH
      • Article
        OECD oil consumption fall likely to continue
        123 9 OECD OIL consumption is likely to continue falling until the fourth quarter of 1991, the International Energy Agency said in its November Monthly Oil Market report. It said consumption is projected to fall 2.0 per cent in the fourth quarter of this year
        123 words
      • Article
        Chip equipment: fall likely
        123 9 WORLDWIDE shipments of US semiconductor manufacturing equipment fell 6.7 per cent in the third quarter, a trade association reported on Tuesday. Third-quarter shipments dropped to US$2.l billion from U552.25 billion in the third quarter of 1989. according to Semiconductor Equipment and Materials International. Shipments were up
        123 words
      • Article
        EC funds land reclamation
        85 9 THE EUROPEAN Community (EC) and India on Tuesday signed an agreement granting New Delhi some US$46 million to fund a land reclamation project in the Gangetic plains. The project would cover more than 9.000 hectares (22,000 acres) of alkaline lands spread over the two adjacent northern
        85 words
      • Article
        World Bank loan to China
        82 9 THE WORLD Bank on Tuesday approved a US$ll4 million loan to assist China's rural technological development. The bank will provide US$5O million in direct funds while the remainder will come from the International Development Association, the bank affiliate that provides interest-free credits. The approval was
        82 words
      • Article
        UK inflation twice that of G7
        84 9 PRICES paid by British consumers were rising twice as fast last summer as the average in the seven big industrial countries, the International Monetary Fund reported. The British rate was an annual 10.4 per cent in the July-September quarter, up from a 7.7 per
        84 words
      • Article
        Japan eases USSR aid stand
        113 9 JAPAN has decided to modify its longstanding opposition to aiding the Soviet Union and is assembling a modest package of assistance, including medicine and possibly food supplies. The total package is not expected to exceed US$25 million, but a knowledgeable official said it could legitimately
        113 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      86 9 iMH fountain pen from the Montparruuse ■L collection, gold plated with black Chinese lacquer, solid gold nib. This Pen Has a Story To Tell. Yours. S.&Skl/lOflL PARIS <&.&QUlflOflL. DISTKIItI TION PTK LTD |{<Mili<|iM>: #02 07 \ln.i I•*!: 7't I.W#\ <oi nny I I ll.ill«»\ I >t|».irtiiirfit.il **|«»r«* I r\#-| J
      86 words
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  • Article
    Some food for thought
    446 10 EDITORIAL JUST two years ago, the Trade Development Board (TDB) set up an investment subsidiary, TDB Holdings, to look into new ways of promoting Singapore exports to the world. One such way is for trade-generat-ing investments in markets of potential to pave the way for local
    446 words
  • WHAT THE OTHERS SAY
    • Article
      Poorer without Gatt
      257 10 IF THE free trade talks in Brussels fail, the world will be poorer. Freer trade achieved under the General Agreement on Tariffs and Trade (Gatt) has brought prosperity to countries that have abided by its rules. Without new agreement on a clear set of trade rules, the
      257 words
    • Article
      Gatt at critical stage
      108 10 FOR SMALL nations like Singapore that depend on trade, it's critical to ensure the trade talks in Brussels succeed. Yet, there's no sign of breaking the deadlock on the EC farm subsidy issue which is holding back an overall agreement. Singapore, together with other nations, face
      108 words
    • Article
      The German election
      115 10 THE VICTORY that Germans delivered to Chancellor Helmut Kohl's coalition in the recent election signify their wish to re-emerge as a global superpower. Being the first national election in the reunified country, the Germans' votes also represent a strong vote of confidence for Mr Kohl's coalition government,
      115 words
  • REGIONAL VIEWPOINTS
    • Article
      Using oil windfall wisely
      195 10 INDONESIA has indeed been enjoying a windfall profit as a result of the steep rise in international oil prices. Official estimates put additional government revenues (gross) at US$5OO million a year from every US$l increase in the oil price from the U5516.50 per barrel used for
      195 words
    • Article
      Heed royal advice
      168 10 HIS \1 Ml STY the King's advice on the need for nation.il utilitv was a breath of fresh air in an otherwise tloudv political atmosphere. The advice could not come at a more opportune time. After Aerks of simmering tension between Prime Minister < hatichai hoonhavan and
      168 words
    • Article
      A blow to credibility
      137 10 THE ACCUSATION from 23 repatriated boat people that they have been duped into going home by the United Nations High Commissioner for Refugees is thankfully only an allegation for now. But coming at the onset of a new programme to repatriate those "who do not volunteer
      137 words
  • Article, Illustration
    Lock icon Going for liberal economic policies
    609 10  -  I ho strong gains made by the Free Democrat's in Sunday's election will see Germany increasing its free-market orientation, savs Andrea Shalal-Esa Andrea Shalal-Esa Reuter Germany is likely to cut more subsidies. privatise more government assets and deregulate industry after strong gains by the Free
    Reuter  -  609 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      119 10 I StChristopher Autumn/Winter Collection CJ TENNIS FASHION I I AND ACCESSORIES SI .M GOLF FASHION T< i A AND accessories Beautiful fashion to behold. Time-tested Classic. The St. Christopher Golf and Tennis Fashion and Accessories Collection. This Christmas, get an exclusive St. Christopher Mug worth $20. free with every purchase
      119 words
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      Page 10 Advertisements Column 2
      9 10 l amhsdorff raps UK's 'hard ECU' proposals, Pg 26
      9 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      63 10 DOONESBURY BY GARRY TRUDEAU J 1 I 1 1 OKA'/, SIR. SINCB/OUPm Ml, HQ CONVICTIONS I OKAY, MM/ PBUBCTtON. IBt gyQOD /UP' ztooesFZHtcr wPfiv CONVICTIONS I :u H ueveoeePWINMYFE- T JH!NK THAT'S f <mecne e&e,a» e? not t <ajoN£ uecrtoN' />; unshak- Ha/il£me mßusn .ictions,!MONK*if evm i mre ablcon that
      63 words
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  • ANALYSIS
    • Article
      Lock icon Finding a new tune for the voice of Japan, Inc
      738 11  -  The Keidanren is tryingto update its image, reports S L Bachman S L Bachman AP WHEN 79-year-old Eishiro Saito steps down this month as chairman of Japan's most powerful business lobby, his successor will inherit a legendary organisation that is
      AP  -  738 words
    • Article, Illustration
      On the slow path to an overhaul
      1113 11  -  The Indian banking system needs a major overhaul. Everyone says it the banking community, politicians and recently a report released by the World Bank. So why has it not been done? S N Vasuki reports S N Vasuki THE Ear Eastern Economic Review
      1,113 words
    • Article
      Lock icon A not-so-cheerful time of the year
      874 11 US retailers are preparing for a gloomy Christmas FT THE US Christmas shopping season has begun, but, with the possibility of a war in the Gulf and a recession looming, American retailers are hardly brimming with a holiday cheer. Chicago-based Scars, the largest US
      FT  -  874 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      81 11 n .c haven't tby the riv e/ r f /C/ 7c ed a f s terts *Y>u\° us feas p the p a s th c Terrace h ots up warehouse, i v/ nxilcent fy \a at tv* w e the flavor y v out c° m P a "y
      81 words
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  • ADVERTISING & MARKETING 1
    • Article, Illustration
      US sports shoes maker to give rivals a run for their money
      518 12  -  Samuel Ee reports on the game plan of British Knights as it warms up for the local market Samuel Ee British Knights, a name that some American youths reportedly have killed for to have above their heels, has
      518 words
    • Article
      COPY LINES
      238 12 LEO BURNETT has clinchcd its second gold this year, this time at the London International Advertising Awards. The winning ad. entitled "Dentists", was on behalf of the Singapore Tourist Promotion Board. It was named the Best Business Press ad in the world. Earlier this year Leo Burnett clinched
      238 words
    • Article
      Venture investing millions to market Leonard watches
      321 12 A newly-established joint-venture between Hongkong and Singapore parties will be investing a couple of million US dollars to market Leonard fashion watches in Asia. Leonard Watch International is held 70 per cent by the Hongkong-listed Asia Commercial Holdings Ltd and 15 per cent
      321 words
    • Article
      Lock icon Chrysler makes big marketing deal
      124 12 NYT CHRYSLER has signed an extensive multi-media marketing deal, one of the largest of its kind, with Time Warner. Under the deal, which John B Damoose, Chrysler's vice-president of marketing, called the "Big bang theory," Chrysler has committed to media purchases in seven Time Warner
      NYT  -  124 words
    • Article
      Japanese agencies tread a fine line abroad
      518 13  -  By Sangeeta Mulchand THE unique workings of the Japanese advertising industry' makes moving out of Japan more than a question of language and cultural barriers. In Japan, clients usually award contracts to agencies on a campaign-by-campaign basis, said Yasuhiro Umcda of Dcntsu, a
      518 words
    • Article
      Lock icon Hill, Holliday's NY office bucks the trend
      300 13 NYT ONE OF THE hardest things for an agency outside New York is to establish a successful office on Madison Avenue. Many agencies have tried and most have failed, but the New York branch of Hill, Holliday, Connors, Cosmopulos (the firm is based
      NYT  -  300 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      137 12 n pearl set in the pristine utaters of the Soutfi "Pacific located eastwards of J By u ■I Cairns, Australia. "Blessed ivith an average annual temperature of 24 'C, deep mater anchorage and abundant coral growths, the growth potential for tourism in Vanuatu is immense. BA Offeredfor sale is a
      137 words
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      Page 12 Advertisements Column 2
      99 12 IK < < The 45 minute lunch I is now being served. I ro satisfy today's fast paced executive, the Compass Rose I introduces the fastest fine lunch in H town. Imaginative daily set menus created with care and flair, taking only minutes to serve so that you can get
      99 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      220 13 Stewed Whole Abalone 'Sang du Tigre' Cognac Xtra Luxury ...and be merry on our tenth, anniversary. From now to 31 December, the stage is set for a celebration to remember at Charming Garden. A time to experience the taste of traditional I \unan cuisine with the most exquisite I Xtra
      220 words
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      Page 13 Advertisements Column 2
      97 13 -v Vv > 1 t V« v. 'ftVTimpi l- y vt-:,' c* £.T «wy«». TrTi tJi HI 'i i" ■sHSHK^^HH llf ■■■f SC)LE AGENT SERVICE CENTRE W I•I.• I T I M I SINGAPORE PTE LTD 435 Orchard Road #12-01 W.sma Atna, Singapore 0923. Tel *****11. Aitihonsed Crates All Walches
      97 words
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  • SPORTS
    • SIDE LINES
      • Article
        Seles to take on Capriati in finals
        131 14 YUGOSLAV Monica Seles made quick work of Mary Joe Fernandez on Tuesday, beating the American 6-3, 6-2 and earning the right to face Jennifer Capriati in the finals of an exhibition tennis tournament in Madrid's Sports Palace. Fernandez stayed even with Seles, the
        131 words
      • Article
        Patterson to fight Rendon
        52 14 TRACY PATTERSON, the World Boxing Council's No 1ranked super bantamweight champion, will meet Albert Rendon on Dec 21 in Us Vegas, the Patterson camp in New York yesterday confirmed. Rendon, from Reynosa, Mexico, is unranked. His 11-5 career record includes six knockouts. Patterson is 38-2 with
        52 words
      • Article
        Higher and yet higher
        105 14 THE average baseball salary rose by a record US$lOO,OOO in 1990 to U*****,537, according to final figures issued by the Major League Baseball Players Association this week. The dollar increase was the largest in baseball history and the 20.2 per cent increase was the steepest single-season
        105 words
      • Article
        Jansher crashes
        87 14 WORLD squash champion Jansher Khan suffered a rare defeat on Tuesday, crashing 9-3 3-9 9-4 2-9 9-2 to stand-in Chris Walker in an English league match in London. Jansher, who returned from his native Pakistan on Monday after a string of celebrations to mark his World Open triumph
        87 words
      • Article
        Sri Lanka at bat
        61 14 INDIAN skipper Mohammad Azharuddin won the toss and sent Sri Lanka in to bat on a hazy morning in its second one-day international in India yesterday. Sri Lanka, which must win the match to keep the three-match series alive, made two changes from the team which
        61 words
    • Article, Illustration
      Lock icon Agassi pulls out — again
      364 14 Agassi pulls out again Reuter ANDRE AGASSI, who pulled out of the Grand Slam Cup tennis tournament and then changed his mind after being threatened with a law suit, has withdrawn again due to injury, said his agent on Tuesday. Agassi defaulted against Darren Cahill during a reverse singles match
      Reuter  -  364 words
    • Article
      Lock icon Bid to make Indy course safer
      247 14 AP THE chief British Columbia coroner has recommended changes to the Vancouver Molson Indy course for next year's race, following the death of a track worker during September's race. Lan report, released on Tuesday, ruled that course worker Jean-Patrick Hien of Montreal died accidentally.
      AP  -  247 words
    • Article
      Lock icon The healer in the pit lane
      566 14 Reuter SID WATKINS's car is the one every Grand Prix racing driver is always delighted to leave behind. He has never won a race but, for the competitors, Formula One life without Watkins would be unthinkable. A neurosurgeon at a London hospital, Watkins is
      Reuter  -  566 words
    • Article, Illustration
      Lock icon 'Ex-East German sports officials encouraged use of drugs'
      434 14 AP EXPERTS in former East Germany developed a perfor-mance-cnhancing nasal spray before the 1988 Olympics that was virtually undetectable, a leading swimmer alleged on Tuesday. Raik Hannemann, who on Monday admitted taking per-formance-enhancing drugs, said the spray had the same effect as
      AP  -  434 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      146 14 I S -^^EEEEvJ Partaking in shark's fin soup should j i i i hi I j add a sense of ceremony to a meal. I' 1 1 1 lU.M < C' A sense of ceremony that's unfortunately *Wk\ f\*~ }Ok>f all too often spoiled by service that falls «IMWt3cW*s yo**
      146 words
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      Page 14 Advertisements Column 2
      139 14 For Brighter Teeth 1 and Fresher Breath. New linomint. the polisiing agent and a cool mint smoker's gel, contains nav «T .o enamel and protects teeth, fluoride and natural mint. But r it doc>> more than ordinary gels New ('linom D or totMhpaslcs.il is uniquely toottipast e fi r sensitive
      139 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      156 15 I Edison lad lost lis patience, If Beethoven lac stopped at four (symphonies). If Michelangelo lad turnec down difficult commissions. 4 I •NT- mm- tvm m#- m*> 9 m**- m*** > •«fc, V 2 'UPU X j Thankfully, we didn't either. f m ftt| Ibii^Hi,ii ,i |j ii '1, il
      156 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      264 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. v "**s? v H Hf fc 5 rn 4 Spitv S/ethuaii dishes served at lunch and dinner dailv in iht* tool. in* iting atmosphere of S/ei huan Unirt. Reservation, 330
      264 words
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      Page 16 Advertisements Column 2
      285 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      285 words
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      Page 16 Advertisements Column 3
      259 16 Steal the show. Take a chartbuster and make it better. Once you get started, nothing's gonna stop you singing in The Streets!. Happy Hours 6 Bpm. First drink charge* Mon Thur $12++. Fri. Sat and Eve of Public Holidays $15++. Subsequent drinks at bar prices. 5 'Inclusive of 2 drinks
      259 words
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      Page 16 Advertisements Column 4
      366 16 f PERFORATED DAILY AT A THE PINE COURT £m My Amidst Imperial splendour, our chefs jC Mfw stage their highly-acclaimed performance ft mr t of legendary Bel)lng cuisine to the satis I ijfl I faction of demanding dlners.To guarantee Vf 1 your place amongst the discerning, make 1 xl your
      366 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      716 16 TELEVISION AND RADIO Rpforp tjiot joct priK/idp tsSiStiM-i* ss— UvIUl V 111 d L Idljl vl UijCmV 7.25 PM Brush Strokes The acies. Diana and Vincent dil 6.45 Visi Sud. BBC, 89.9 mHz in VHF Band II much-awaited wedding be- cover that the mysterious Maghrib Prayer Call. 7.10 am 9.25
      716 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Dinner time still family time
      903 17  -  A recent survey reveals that despite the pressures on single parents and on families in which both parents work outside the home, American families go to °reat lengths to eat dinner together. Dena Kleiman reports. Dena Kleiman NYT IT's a contemporary image of the American
      NYT  -  903 words
    • Article, Illustration
      Lock icon UK mini-series that proves clairvoyant
      858 17 In a strange coincidence, a British drama series almost foretells Margaret Thatchers downfall in its story, based on a 1987 novel, about a British Prime Minister unseated by his own party. NYT LIFE, imitating art. has just outdone BBC television, but only just. House of
      NYT  -  858 words
    • Article
      No winner for Best New Artist Grammy award
      646 17 CHATTERBOX THE 1989 Grammy award for Best New Artist, which had been given to Milli Vanilli and which was rescinded last month when the pop duo admitted that it had not sung on its album, or at concerts, will go to no
      646 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      261 17 AND ENTERTAIN The Happiest Hours In Town. i 11« H RV 3 TT ,)AIIV ol tNlV HOC'RV HAM IO IAM Happy Hours at The Fountain Lounge means enjoying a complimentary drink with every one you order. Plus, 25% off bottle purchases. There's great live music too. it ANA HOTEL 16
      261 words
    • Advertisement
      Page 17 Advertisements Column 2
      47 17 Sumptuous Teochew Cantonese Dian Xin Lunch I V a#>a\ Daily at Centre/toint: Hi CVntrcpoint JHf- >5 (>n hard Koad Tel: 733 3338 f Only on Saturday, Sunday |j| <& Holiday at Battery Road:- lllrßllTll 9 Battery Koad *HHK) TEOCHEW CITY Straits Trading Building Tel: 532 3622 SEAFOOD RESTAURANT
      47 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Shares rise on stronger overseas markets
      4126 18  -  By Diana Oon STRONGER PERFORMANCES on overseas bourses helped push stock prices on the local bourse upwards across the board yesterday. Brokers said the overnight 14.11point gain by the Dow Jones Industrial Average and Tokyo's 331.11-point or 1.51 per cent climb to a close
      4,126 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    3984 19 Main Board IH IU I iweign XOO •> k kcllas 25p I 7S f •> *"M% Sl\ ■>(*( IOIO 1.0* N .lSlivl '25 ><» 4 I on >>0 MO M.I* JuriMM! Ship M* M5 t-2.0* V a W» f It IS W I 134 M>
    3,984 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      172 20 Company Date Year Group Net Net earnings Cross *nn to profit/loss (L) per share dividend (000) (cents) tu Van Sana Dec 4 lun 90 $342k($l 484> 6( 161(84) Aintek tng Nov 29 lun 90 S/.026($6./14> 8 3(7 9a) 12Tf(6JEa) Metal Ctamm Nov?/ lun 90 $8,131L($1.414) (2b) 1(5) Pentei
      172 words
    • Article
      PRELIMINARY RESULTS
      86 20 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Renong Bhd Dec 3 )un 90 M51.556(*****) 0 1( limes Pub Nov ?3 Aug 90 $45.408(537 328) 230(193) 10(99) Ms.m0.ygen Nov ?1 Sep MJ38.140(531.062) 31 6(27 5) 46 3|(18) SPH Nov
      86 words
    • Article
      RESULTS DUE
      538 20 Singapore Stocks Last Full Year Company Penod Date Ye* Net EPS Oo« Net mnouxed endr>t (certs) <fv profit Ust year (1000) leong Huat Interim Mar 30 Dec 89 5351<h) Spare land final No* 3 Aug 90 64(a) 75(a) 15.84? CIS Packagng Interim No» 13 Dec 90 79 7
      538 words
    • Article
      APPROVED ISSUES
      300 20 Company Rights Issue CUM Fine for tour (n MJ4 00 per share E«date Nov 23 Books close Dec 7 Acceptance Payment NYA Emtci One tor one <n MS 1 00 per share Ei date Nov S Books close Nov 19 Acceptance Payment Dec 31 M B ■**!>{ One
      300 words
    • Article
      PROPOSED ISSUES
      398 20 Company Rights Issue Wean One tor two t>> MS1 00 pet share Issue ot 40m Cumulative Redeemable Preference Shares ot MSO 10 each at MSI per share with 10m detachable TSR Bolton One tor tour MS? 00 per share Causeway ta* Three tor tour <« JO 60 per
      398 words
    • Article
      BONDS, LOANS & WARRANTS
      707 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term for one ordinary share CtC Wt Before 26/4/93 1 warrant plus J3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10 94 1 warrant plus $1 cast) or 1 warrant plus II nominal amount of loan stock Chuan tfcji Notes Chun KMj
      707 words
    • Article
      DIVIDENDS ANNOUNCED
      663 20 Current Ex Books Date Total for Total for payment date close payable the year last year MS8 10%(b) lan 4 Ian 18 Ian 28 10' 17% Amal Steel 126%(b) Nov 29 Dec 13 lan 21 126% 8%TE Amtek Enj 6%TE Dec 14 Oec 20 Dec 29 12%TE 12%TE
      663 words
    • Article
      INTERIM RESULTS
      224 20 Company Date Half-year Group pre-tax Interim ann to profit/loss (L) dividend (000) Mun loong Nov 30 Sep 90 M$5,263 ($3,372) Fhe H Glass Nov 30 Sep 90 $4,928($4.231) CK fang Nov 29 Sep 90 $2.858($3,100) 3(3) IMC tlldgs Nov 29 Sep 90 HKS88.416($238.923) 16(16) I Cement Nov 29
      224 words
    • Article
      CORPORATE DEVELOPMENTS
      435 20 Dec 4 Consolidated Plantations Bhd entered into an agreement to sell to Awan Putih Sdn Bhd about 45 3 hectares of land on its Damansara Estate for M521.85m cash The High Court has appointed judicial managers from Coopers and Lybrand for Electro Magnetic (S) Ltd United Engineers Ltd
      435 words
    • Article
      RECORD HIGHS & LOWS
      183 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hifh: 1435 43 (16/7/90) 1990 h h: 1607 12 (27/3/90) 1990 low 981 07 09/11/90) 1990 low 1079 50 (11/10/90) 1989 hifh: *****0 28/12/89) 1989 1487 76 26/12/89) 1989 low: 917 42 (4/1/89) 1989 to 1030 69 (4/1/89) 1988 hifh:
      183 words
    • Article
      COMPANY MEETINGS
      302 20 Emtex Corporation Bhd: 25th AGM at No 21 23, Jalan Hussein (Ground Floor). ***** Ipoh. Perak Oarul Ridzuan on Friday, Dec 7, at 10am. CI Holdings Bhd: 12th AGM at the Raya Room, Mezzanine Floor, Hotel Equatorial. Jalan Sultan Ismail. ***** Kuala Lumpur on Saturday. Dec 8. at
      302 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      183 20 VA A W W M No audit, no comment. Below is a list of all the audited publications in Singapore. An audited publication is one which has its circulation figures regularly screened bv a recognised audit bureau of circulation such as BPA, ABC and MCS. MCS exists to protect the
      183 words
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      Page 20 Advertisements Column 2
      11 20 THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times
      11 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Shares make good gains on peace hopes
      4026 21 Bernama SHARE PRICES on the Kuala Lumpur stock market closed broadly higher yesterday in selective trading centred on blue chips as the market, like other bourses in the Ear East, was influenced by new optimism over the possibility of a peaceful solution to
      Bernama  -  4,026 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      39 21 ft. *B ■w i Avl Mmm uk ■k w m w HP 9 *ftfc^gV H I I I <^^l lllll^»--^^M o RIAU „q An investor's guide to the 3,000-island province IkjjjilHi BHHIHH,<«^— jmUHBBi 1 1 ->* -\V > ON SALE NOW
      39 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks close higher in volatile trading
      2275 22 Reuter TOKYO STOCKS closed higher yesterday after a day of moderately volatile trading during which hopes for a peaceful solution to the MidEast crisis and index-linked buying overcame bearishness on concern over the worsening state of the domestic economy. Trade was moderately active for
      Reuter  -  2,275 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Seasonal buying gives shares a firm boost
      2204 22 UPI HONGKONG share prices yesterday surged in heavy trading, boosted by a combination of seasonal buying and positive reports on the Gulf. The benchmark Hang Seng Index gained 45.39 points, or 1.5 per cent, to close at 3,066.25. The rise followed a gain
      UPI  -  2,204 words
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  • REGIONAL STOCK MARKETS
    • Tokyo's rise inspires Australian stocks
      • Article
        INDICES & TURNOVER
        96 23 INDICES TURNOVER (low Previous Dee 5 SYDNEY Ml Ordinaries Index 1.322.0 1.317.4 4.6 All Industrials Index I.W.I 1.982.7 f 8.4 All Resources Index 80.17 801.9 1.8 Turnover (million) 66.58 70.28 -3.7 BANGKOK SE r Index losed SKI 98 Turnover (nullum) IJtM JAKARTA Composite Index .171.20 376 29 -509 Turnover (nearest
        96 words
      • Article
        AUSTRALIA
        928 23 A LATE UPSWING in the Tokyo market carried Australian shares to a higher close in calm trade yesterday. Brokers said good general buying gave support to the physical market and inspired interest in futures contracts. The All Ordinaries Index finished 4.6 points higher to 1,322.0. "It was very calm,
        928 words
      • Article
        Untitled
        881 23 Bangkok |)ec 4 Baht Vol(DO) Alucon 520 10 American Sianda Asia Credit 84 +4 5995 Asia Hotel 69 -0.50 2 Asia See. Tradi 54 4 ***** Ayudhya Insuran 178 -4 12 Ayudhya Investm 67 4 5627 Avudhva Life As 251 10 13 Bangkok Bank 297 18 199 Bangkok Bank Of
        881 words
      • Article
        MANILA
        473 23 PHILIPPINE share prices ended lower yesterday as anticipation of an impending round of local petrol pricc increases and disappointment over a company's dividends encouraged selling, brokers said. The Manila Stock Exchange Composite Index closed at 613.91 points, down 17.48 from Tuesday. Combined turnover on the two bourses rose to
        473 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        366 23 IMX'4 Index In local currency day year change change In S$ S day year change change In US$ day year change change World fEAFE Europe Pacific Far East 349.3 456.0 372.5 727.0 942.3 -1.0 -17 -0.6 -2.6 -2.7 -24.9 -330 -17.3 -42.6 -43.5 -0.8 -1.2
        366 words
      • Article
        JAKARTA
        589 23 THE Jakarta stock index yesterday fell further to 371.20 from Tuesday's 376.29 and volume was 2.88 million shares, compared to the previous 4.44 million. Inco and Bank Danamon dominated the regular market with 260,000 and 106.000 shares traded. Inco closed 250 rupiah lower at 4,300. but Danamon rose 300
        589 words
      • Article
        NEW ZEALAND
        347 23 THE New Zealand share market closed slightly higher yesterday, but it again ignored positive news of lower domestic interest rates and hopes for a peaceful end to the Gulf crisis. "It is largely ignoring the good news," said James Lock of Forsyth Barr. It doesn't seem to be
        347 words
      • Article
        SEOUL
        793 23 SEOUL stocks rose across the board in very active trade yesterday, with the Composite Stock Index rebounding to near the 720 level before heavy selling by institutions pushed the index down. The index elosed at 718.84. up 9.94 points from Tuesday. Turnover was vcrv heavy at 317.6 billion won
        793 words
      • Article
        BOMBAY
        85 23 BOMBAY share prices recovered to close mixed on heavy institutional buying yesterday after falling sharply in early trade. The Bombay Stock Exchange Index ended up 10.48 points at 1.173.77, after dipping to 1,131.32. "Strong rearguard buying by mutual funds halted a slide but the market lacked follow-up support." a
        85 words
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      Page 23 Advertisements Column 1
      26 23 Thai markets were closed yesterday for a public holiday Closing prices for all markets except Taipei are provided by Telerate. Innovation Technology in BT on Tuesday
      26 words
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  • WORLD STOCK MARKETS
    • Eleventh-hour buying sends Dow higher
      • Article, Illustration
        NEW YORK
        1309 24 I HE Nl:\V YORK, stock market came to life in the final halt hour of trading on Tuesday after unconfirmed reports that Iraq might be ready to leave Kuwait if certain conditions were met. The Dow Jones Industrial Average had been moving sharply lower in sluggish trading for
        1,309 words
      • Article
        PARIS
        272 24 FRENCH shares stood higher at midsession yesterday on renewed hopes of peace in the Gulf, but dealers said prices were unlikely to rise further without a major development in the region. The CAC-40 Index was up 22.75 points, or 1.38 per cent, at 1,669.28 at 1239 GMT. in volume
        272 words
      • Article
        AMSTERDAM
        284 24 IN AMSTERDAM yesterday, Pirelli Tyre Holding was deflated by a bearish earnings forecast, but other Dutch shares opened slightly firmer, aided by Wall Street's late rebound. Amsterdam-listed Pirelli Tyre shed 1.20 to 19.80. equalling a 1990 low set on November 27. after saying it would break even in 1990.
        284 words
      • Article
        FRANKFURT
        316 24 GERMAN share prices on Tuesday gave back most of the gains recorded on Monday, as a sharp plunge in Tokyo prices brought a modest election rally to a sudden halt. The 30-sharc DAX Index fell 16.24 points to close at 1,446.34. The DAX climbed 1.5 per cent on Monday
        316 words
      • Article
        STOCKHOLM
        66 24 STOCKHOLM prices firmed slightly in quiet early trade yesterday as investors continued to digest Monday's sharp advances. dealers said. By mid-morning, the General Index had risen 0.31 per cent to 875.46 in low volume of 64 million crowns. Blue chips rose 0.64 per cent. "The hopes of a peaceful
        66 words
      • Article, Illustration
        LONDON
        793 24 SHARES on the London Stock Exchange were slightly higher at midday yesterday. said trading was light amid concerns over tension in the Gulf. "The market could move either way; we are waiting for factors over which we have no control," one trader noted. At about 12:15pm (1215 GMT), the
        793 words
      • Article
        ZURICH
        282 24 SWISS shares traded higher at midsession yesterday after both overseas equity markets and German shares had firmed, boosted by renewed hopes for a peaceful solution of the Gulf crisis, dealers said. The SMI Index of leading shares added 15.4 points, or 1.10 per cent, to 1,418.50 and the all-share
        282 words
      • Article
        BRUSSELS
        141 24 BELGIAN shares gained in mid-session yesterday in open-outcry trading despite a 40 basis point rise in Belgium's key three-month interest rate, dealers said. The exchange's computer operated trading system was out of operation following a fire at the exchange on Friday. Retailer Delhaize rose 40 francs to 5,940 francs
        141 words
      • Article
        TORONTO
        284 24 A REPORT that Iraq was willing to withdraw from Kuwait in exchange for certain guarantees boosted Toronto stocks in late trade on Tuesday. "It's a dramatic turnaround and good to see." said John Ing. president of Maison Placements Canada Inc. The Composite Index gained 27.68 to 3.189.76 on volume
        284 words
      • Article
        Untitled
        395 24 Johannesburg IK* 4 Rand INDUSTRIALS V Alpha 2200 50 M < I 1200 +100 Mvrmm 35 unch Am.ipntp 10 AMK 7600 f 100 Iwlwi 1700 NO Basil Slri I»\/ tihvoor < < i Smith 7000 UK) I Mph 1750 M (ui tin 125 unch Edgars 3600 unch Fed Volk lirst
        395 words
      • Article
        INDICES & TURNOVER
        89 24 INDICES TURNOVER NEW YORK Close Previous IVc4 IX>w Jink's NYSF. Financial S&l' >00 Turnover (million) 2.571 70 326.35 1X5.8 2.565.51 1IX 31 ***** 177 14.11 f2.25 8.8 LONDON Financial Times ID FTSF. 100 Turnover (million) 1.681.6 2.146 3 473.4 1.615 3 2.162 7 326.1 -13.7 -164 f 147 3 AMSTERDAM
        89 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      US$ ends little changed against D-mark, firmer against yen
      1212 25 REPORTS TMt US DOLLAR ended firmer against the yen in Tokyo hut little changed against the mark in a technical market dominated by position adjustments, dealers said. Expectations that the US Federal Reserve is on the verge of easing credit further
      1,212 words
    • Article
      INTERBANK FOREX RATES
      400 25 Cross rates Dec IJSS SS MS Dm Yen SFr AS NZ$ IJSS 1.7195 2.6990 1.5010 133.35 0.5180 1.2805 1.2887 1.6380 S$ 0.5816 1.5696 0.8729 0.7755 ***** 0.7447 0.7494 0.9526 MS 0.3705 63.71 0.5561 0.4941 0.1919 0.4744 0.4775 0.6069 Dm 0.6662 1.1456 1.7981 88.84 0.3451 0.8531 0.8585 1.0913
      400 words
    • Article
      MONEY MARKET
      577 25 Interbank rates Bid Offer O\croig|u 4 1/2 4 3/4 1-month 5 5/16 5 7/16 2 month 5 7/16 5 9/16 i-month 5 9/16 5 11/16 < Kcrmght mode: 4-5/8 I SS Bid Offer 7davs H 5/8 8 3/4 1 month 8 3/8 8 1/2 2 months 8 1/16
      577 words
    • Article
      Lock icon Lambsdorff raps UK's 'hard ECU' proposals
      553 25 FT FRAMED BY a larger-than-life portrait of Bismarek. Mr Otto Lambsdorff, ehairman of the German Free IX'moeratie Party (FDP), fired oIT a withering barrage at the British government's "hard ECU" proposals on European money. Mr Lambsdorff, who has emerged as the main power broker
      FT  -  553 words
    • Article
      FINANCIAL FUTURES
      1270 25 SIMEX EURODOLLAR Open High Low Sett Est Vol <)p/lnt Vol Dec 90 91 99 92 00 91.98 92.00 3050 ***** 1244 Mar 91 92.49 92.52 92 47 92.49 ***** ***** 7747 Jun 91 92.62 92.64 92.61 92.61 3000 9014 1957 Sep 91 92.56 92.56 92.51 92.52 680 2535
      1,270 words
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  • COMMODITIES
    • Article
      Lock icon Chicago futures exchanges to test Globex in March
      235 26 AP THE TESTING of Globex, an electronic global trading system developed by Chicago's futures exchanges, will get underway at the end of the first quarter of next year, a spokesman for one of the exchanges said. Globex is being developed by the
      AP  -  235 words
    • Article
      Lock icon British company finds oil off the coast of Vietnam
      270 26 UPI ENTERPRISE OIL. a British firm, has struck oil in drilling off the coast of Vietnam, according to a recent Radio Hanoi report. Enterprise is one of nine non-communist firms which have signed exploration agreements with Vietnam since 1988. The American
      UPI  -  270 words
    • Article
      Lock icon Consumers have oil to last for 100 days
      139 26 AP IF WORLD OIL exports stopped tomorrow, consumer nations would have enough oil to last more than 100 days, Venezuelan Energy and Mines Minister Cclestino Armas said. Mr Armas, opening a three-day oil conference in Caracas, Venezuela, said he did not share
      AP  -  139 words
    • Article
      Malaysian tin falls in tandem with LME
      841 26 REPORTS TIN PRICE on the Kuala Lumpur Tin Market retreated to close six sen lower at M 515.32 per kg yesterday following further losses on the London Metal Exchange overnight. Dealers said the current price level is now in its two-and-a-half-month low, attributing
      841 words
  • Article
    PRICES
    1488 26 Rubber Decs MS (lob hi fcjtOT) S ccnts/kg Noon Close Int I KSS Prompt 152 50/153 50N 152.50/153 50 Int I RSS Jan 41 151.75/152.25 I5I.75/I52.25N Int I RSS Feb 152 00/152.50 152 00/152 SON Int 2 RSS OP 147.50/149 50N 147 50/149.SON Int J RSS OP 142 50/144
    1,488 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      687 26 NOTICES IN THE MATTER OF THE COMPANIES ACT. PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF SINGAPORE AGRI ENTERPRISES (PRIVATE) LIMITED At .in Extraordinary General Meeting of the above named Company duly convened and neld at 154 Clemenceau Avenue. #02-01 06 Haw Par Centre. Singapore 0923 on Wednesday sth
      687 words
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      Page 26 Advertisements Column 2
      743 26 IN THE MATTER OF THE COMPANIES ACT PURSUANT TO SECTION 290(2)(b) AND IN THE MATTER OF ISLAND LIVESTOCK PRIVATE LIMITED At an Extraordinary General Meeting of the above named Company duly convened and held at 154 Clemenceau Avenue. #02-01/06 Haw Par Centre. Singapore 0923 on Wednesday sth December 1990 at
      743 words
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      Page 26 Advertisements Column 3
      7 26 Executive Jobs every Saturday in Business Times
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1077 27 City Flight ETA Flight ETD City Flight ETA Might fclD Abu Dhabi GA975 GA887 KL839 1125 1225 1455 KL840 2115 SQ113 MH613 on iic 1805 1850 2005 MH610 MH643 SQ1 14 MH614 1715 1730 1745 1850 Adelaide SQ228 QF5 1900 2000 ID MH617 MH619 2050 2135
    1,077 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Discoveries of latitude zero
      772 27  -  LETTER FROM ECUADOR By Edwin McDowell YEARS after Mark Twain described the Equator as looking "like a blue ribbon stretched across the ocean", gullible seafarers scanned the horizon. hoping to see for themselves. But the Equator, that imaginary circle around the earth 40,000 km long, is
      772 words
    • Article
      MONEY CHANGER RATES
      153 27 As at 3pm yesterday: l>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3240 1.3440 Canadian dollar 1.4630 1.4830 NZ dollar 1.0300 ***** Sterling pound 3.3070 3.3270 US dollar 1.7140 1.7240 I iical dollars to 100 units of foreign currency Austrian schilling 16.00
      153 words
    • Article
      WORLD TRADE EXHIBITIONS
      97 27 Duration Title Venue Organiser TeJ Duration Title Venue Onaniaer Td ....Mn Show Centre des Arts Dec 4-7 Commtel Asia '90 Hongkong Business *****00 Menagers Convention Industrial Trade Exhibition Fairs Pte Ltd Jan 16-20 Tourism Netherlands Koninklijke (31)30/*****1 Recreation Fair Nederlandse i entre Dec 5-7 International Stockholm Stockholm*-
      97 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      33 27 Buay a! Who's the buaya? How to watch out for him? A new book by two young Singaporeans tells you how. I We give you a sneak preview. In ABC. Alligator, Buaya, Crocodile!
      33 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      246 27 I Sister who is male? (6-5) woman finishing of the cake and j^^ celebrating (9) I I I I I I I I L__l_ 1 Sparing French destruction 12 Arsenic administered with L_J love the summa- HQ 13 Funnels of steamship tak- IIIV 1 1 1 new course (6) flllfl
      246 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      209 27 Singapore Outlook: Cloudy with occasional showers. Forecast: Maximum temperature 28.7* C Assoc humidity 77% Minimum temperature 24.7* C Assoc humidity 92% Hours of sunshine 2.20 Rainfall in mm 1.6 Rainfall this month 1.7 Rainy days this month... I World forecast Asia-Pacific Hi/Lo* Cond. Auckland 20/14 Fair Bangkok 29/20 Fair Beijing
      209 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      21 27 t'nn A count&^t GOOD DFW S\R... CAM VOU G>VC ro£\ ON HIS \tm€l Pgicc or r tcr g CO LTO 631fe
      21 words
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  • Article
    Lock icon M'sia may seek more hi-tech investments
    263 28 Need to be more selective: deputy mininster AFP MALAYSIA may become more selective about the type of investments it wants to attract, a top official said yesterday. Deputy Finance Minister Ghani Othman said that while the government realised the importance of industrialisation and sustained
    AFP  -  263 words
  • Article, Illustration
    Lock icon Rocard's budget procedure risks future of his govt
    188 28 AFP FRENCH Socialist Prime Minister Michel Rocard on Tuesday put the future of his government at stake over a revised 1990 Budget, which has added one billion francs (about $200 million) to spending. He used a constitutional procedure whereby the Bill is
    AFP  -  188 words
  • Article
    URA puts Kreta Ayer shophouses up for tender
    390 28  -  By Elaine Koh THE Urban Redevelopment Authority is putting on tender 26 pre-war shophouses in Kreta Ayer, the first time it is restoring units before putting them up for sale. The shophouscs, dating back to about 1860. are being offered to the
    390 words
  • Article
    Lock icon Tunku falls into coma
    83 28 AP TUNKU Abdul Rahman, the man who achieved independence for Malaysia from Britain in 1957 and became its first prime minister, fell into a coma yesterday. The director of Kuala Lumpur's General Hospital said Tunku, 87, was transferred to the intensive care unit yesterday and was
    AP  -  83 words
  • Article, Illustration
    The traps and rewards of a bear market
    592 28  -  The Bottom Line MANO SABNANI MANO SABNANI The writer is editor oj Business Times. I his commentary appears in the December edition of Singapore Business. A BEAR MARKET is essentially the process through which expectations are transformed. Asset values are no longer
    592 words
  • Article, Illustration
    Lock icon Bangladeshis celebrate Ershad's resignation
    300 28 Reuter BANGLADESHIS greeted the resignation of President Hossain Mohammad Ershad with jubilant demonstrations, but opposition leaders warned them yesterday against turning rejoicing into rampage. "Keep up the spirit and vow until the final victory is achieved but watch against attempts to create lawlessness," Awami League chief
    Reuter  -  300 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      95 28 PiageT [Mium ax ik)rux;erie im is m CFMVE yf 1 A rare opportunity to save /I |j 'V from 40% to 70% discount ll L 1 on Cerruti men's and ladies' TAF\ T I] 1 0 'tis the to your I .r\ I II I* best. Let the world famous
      95 words
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      Page 28 Advertisements Column 2
      303 28 PIAGEI ftuum en mmxiEßtE twins m GENEVE Dive Adventure —MICRONESIA Stay on board your floating hotel the B.S. THORFINN 170' crusie ship 7 OAVS tor US$l4OO 00 PRICE INCLUDES: All meals (plus wine with dinners) UNLIMITED DIVING at wrecks plus Night Dives We provide TANKS, WEIGHTS DIVE PERMITS 4 E>perienced
      303 words
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  • Shipping Times
    • Article, Illustration
      Growth of up to 10pc in air cargo volume possible
      375 29  -  By Rahita Elias SINGAPORE'S air cargo industry is likely to see volume handled grow by between 4 and 10 per cent next year. This compares with the 8 per cent increase forecast for this year. Huang Cheng Eng, Singapore Airlines
      375 words
    • Article
      Lock icon China Shipbuilding receives no ship orders due to Gulf uncertainties
      591 29 Reuter THE GULF CRISIS is cutting short a one-year recovery for Taiwan's largest shipyard as rising fuel oil prices force many shipping companies to shelve plans to build new vessels, officials at the stateowned China Shipbuilding Corp, said. "We have
      Reuter  -  591 words
    • Article
      Lock icon Malaysia facing shortage of qualified seafarers
      234 29 Bernama MALAYSIA is facing a serious shortage of seafarers, particularly those based onshore, and a comprehensive study on maritime manpower needs should be carried out, Captain Wan Shukry Wan Karma, principal of the Maritime Academy of Malaysia said. At present, the world was short
      Bernama  -  234 words
    • Article
      Lock icon Fourth HK radio station
      205 29 AFP A CONSORTIUM led by tycoon Li Ka-shing on Tuesday won a race to run Hongkong's fourth radio station, the government said. It said Metropolitan Broadcasting was chosen from three bidders on the advice of its broadcasting authority. The new radio station would compete with the
      AFP  -  205 words
    • Article
      Lock icon BA seeks pilots for German airline
      178 29 Reuter BRITISH Airways pic (BA) is seeking pilots for a new German airline that it hopes will start operating in March j 1991. a company spokeswoman said. BA placed an advertisement in yesterday's edition of Flight International, an aviation maga/ine, inviting applications from experienced
      Reuter  -  178 words
    • Article
      Lock icon Piracy on the rise in regional waters
      246 29 Bernama THERE has been a sharp rise in the incidence of piracy in this region with 29 cases reported in the first 11 months of the year against three cases in 1989, the Federation of A scan Shipowners' Associations said. In a statement
      Bernama  -  246 words
    • Article
      NYK plans direct S'pore-Australia service
      251 29  -  By Selva Kumar JAPANESE shipping major Nippon Yusen Kaisha (NYK) is planning a direct scrvicc between Singapore and Australia. According to a Reuters report. NYK is also considering more regular services on the India-Pakistan and Singa-pore-Thailand route. When contactcd by BT yesterday, Mr K Yasui,
      251 words
    • Article
      Lock icon Longest undersea optical fibre cable commissioned
      123 29 Reuter THE WORLD'S longest undersea optieal fibre cable system, aimed at providing a major communications network for the South Pacific, was commissioned yesterday. The 16,500 km system will have three cables at depths up to 8.5 km, linking New Zealand to Hawaii and Australia
      Reuter  -  123 words
    • NEWS SUMMARY
      • Article
        Speeding up the course of justice
        33 29 ADMIRALTY Partner Robin Sladc takes a look at the substantial changes made to the rules of the English Admiralty Court during the last few months Page 2
        33 words
      • Article
        Deaths and accidents at sea
        44 29 THE Institute of London Underwriters compiled a table recently which indicated that, with a loss ratio of one-hun-dredth of one per cent in 1989, the Chinese. Japanese and British merchant fleets were the safest in the world Page 2
        44 words
      • Article
        When delay is not all bad news
        48 29 A DELAY in the completion of the Kansai airport, although widely viewed as a setback to the local economy, will give Japanese airlines time to restock their short supply of pilots and airplanes before competition begins for flight slots Back Page
        48 words
      • Article
        Continental likely to resist selling assets
        58 29 AFTER filing for bankruptcy protection. Continental Airlines may face pressure from creditors to sell some big assets, but the head of the airline has said he will resist such a step. Instead, analysts say. Continental's management must try to persuade its leading creditors to
        58 words
    • LOG BOOK
      • Article
        EC to ban joint sales pact between airlines
        84 30 IMB European Commission will ban all joint sales paets between airlines from January, a commission spokesman said. Ihe EC's executive branch was to approve the new rules yesterday banning revenue-sharing and strictly limiting deals between airlines on sharing out airport take-off or
        84 words
      • Article
        Comsat abandons deal
        59 30 COMMUNICATIONS Satellite Corp said it had abandoned talks to invest up to USSIOO million in Skypix Corp which is developing a system to transmit television programmes by satellite directly to individual homes. Comsat officials said they had ended the talks because of disagreements over financial details and
        59 words
      • Article
        UK charters more ships
        67 30 I HE UK Ministry of Defence last week chartered seven more merchant vessels to transport troops and equipment to the Middle East Gulf, a ministry spokeswoman said. The seven included two Danish and two British ro-ro ferries, plus one Norwegian, one Dutch and one German cargo
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      • Article
        Contracts for LK-NES
        48 30 Lk-NES (SEA) Ptc Ltd Group, a subsidiary of Kemayan Oil Palm Bhd, has sccurcd $6 million in contracts, including one with Singapore shipyard Argos Engineering Pte Ltd for design, class approvals, supply and commissioning of specialised supply vessels, electrical switchboards and unmanned class automation package.
        48 words
      • Article
        British Telecom eyeing Cantel
        53 30 BRITISH Telecommunications pic is the most likely foreign contender for a minority equity stake in Cantel Inc. the cellular telephone subsidiary of Rogers Communications Inc. analysts said. Rogers, the Toronto-based telecommunications company, said it would consider serious offers Irom foreign investors for a stake in any
        53 words
      • Article
        Freeing up transport services
        65 30 US. CANADIAN and Mexican officials will meet next week in Washington, DC, to discuss ways of freeing up transportation services among the three countries, US Transportation Secretary Samuel Skinner said on Tuesday. "Based on these talks, we may well be in a position to establish a
        65 words
      • Article
        Exchange rate solution needed
        64 30 DEUTSCHE Aerospace AG, the aerospace unit of Daim-ler-Benz AG, would like to see a solution to the exchange rate exposure suffered by Deutsche Airbus GmbH. A spokesman for DASA, owner of 80 per cent of Deutsche Airbus, the German arm of the Airbus Industrie consortium, said
        64 words
    • Article
      Lock icon Speeding up the course of justice
      950 30  -  Admiralty Partner Robin Slade takes a look at the substantial changes made to the rules of the English Admiralty Court during the last few months Robin Slade Lloyd's List During the last few months, a number of substan t i a I changes have
      Lloyd's List  -  950 words
    • Article, Illustration
      Lock icon Accidents and deaths at sea
      790 30  -  By Ronald Hope Fairplay THE Institute of London Underwriters compiled a table recently which indicated that, with a loss ratio of one-hun-dredth of one per cent in 1989, the Chinese, Japanese and British merchant fleets were the safest in the world. The loss ratio in
      Fairplay  -  790 words
    • Article
      TRANSPORT DIARY
      817 30 Dec 7: Improving the image of the Libenan flag. Royal Institution of Naval Architects lunchtime meeting. 1230 hours GMT. Institute of London Underwriters. 49 I eadenhall ST. London FX 3. 1991 Jan 18: The Fifth Chua Chor Teck Memorial Lecture on Hull Structural Failures Repairs by Profcsor M.
      817 words
    • Article
      THE SHIPPING GUIDE
      12650 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,650 words
    • Article
      SHIPPING AGENTS
      3264 43 Containerline NV: Belsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK'PN). Accord Group: Accord Shpg Pte Ltd (SV Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Mbatros Sea-Air Service: Frata Shpg Pte Ltd (S). Vlfred
      3,264 words
    • Article
      COURIER SERVICES
      249 43 \bacus Couriers Tel: 545-8011. Fa*: *****98 Air txprws I ravel Tel: 533-5771. Fax: *****44 Airborne Freight Corporation Tel: 542-8844 Fa*: *****16, *****80 Airswift Worldwide C ourier Tel: 278-0188 Fa*: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fa*: *****75. City-link International Tel: 344-3377. Fax: *****50 luster l ink
      249 words
    • Article
      AIR FORWARDERS
      1471 43 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Actitair Singapore Tel: 542-7822. Fax: *****20. Aerolink Freight International Tel: 545-8033. Fax: *****05 Aerospeed Tel: 542-5911. Fax: *****18. Air Cargo Novo Express Tel: 542-5454. Fax: *****06 Air Express International Tel: 542-7666. Fax: *****74. *****50 Air
      1,471 words
    • Article
      PORT CONDITIONS
      2985 44 ARGENTINA Rosario: No vessels operating. 3 vessels berthed in ballast awaiting orders. Villa Constitution: No vessels in port/in roads; 2 vessels due this week of which I to load grain. I steel pipes. San Nicolas: Four vessels in port of which I discharging iron ore. I coal. 1
      2,985 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      722 44 SHIP SALES TANKER RATES Reuter AFP VESSELS SOLD FOR FURTHER TRADING Tankers kakuyo Marti: 258,051 dwt and built 1975. sold •within Japan for a price in the region of »U5522.5 million. Vlandia Trader: 99,999 dwt and built 1970, committed to Greek buyers, the previous sale having failed. The price is
      Reuter; AFP  -  722 words
    • Article
      AIR FREIGHT SCHEDULE
      445 44 ARRIVALS DEPARTURES Op Flight Type ETA From Op Flight Type ETD To TODAY TODAY KAL KE697 B747F 0220 SEL KAL KE697 B747F 0450 BKK NCA KZ203 B747F 2005 NRT SIA SQ822 B747F 0540 BOM/LON FOX FM75 B747F 2235 ATL/BOS/JFK/ ANC/NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW TOMORROW
      445 words
    • Article
      CRUISE & FERRY SCHEDULES
      380 44 CRUISE FERRY SCHEDULES Ait Pep Name of Vessel ETA til) Port Agent Ports of Calls DECEMBER 06 07 Andaman Princess 2100 0900 Lines International Sin-Belawan-Phuket-Sin 07 07 Cora Pnnccss 0900 1800 Sembawang Johnson Cruise-to-nowhere 09 09 Andaman Princess 1300 1600 Lines International Cruise-to-nowhere 09 09 Cora Princess 1200 1800 Sembawang
      380 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        481 45 Vessel Voy No Berth Arrival Depart** VessH Voy No Berth Annul Departure Keppel Wharves Sembawang Andnas 900/ K34 atongstoe 08 12/2300 Continent I 10/90* S05 0612/0730 0712/1500 Continent 1 10 90 K29 atongside 05 12/1700 Orly 1/90 S01 0512/1430 0712/0700 Kamateverett SW K30 alongside 05.12/0100 Hota Berlian
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      • Article
        CONTAINER SCHEDULE
        1128 45 RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booki*/Balance Rdts Shp Voy No Elfc/Btr Period From To From Al Abmadiah 67 07/1300 3 06/0700 06/1159 06/1400 Andro Star 19N 07/1100 1 05/1500 05/1659 05/1900 2 05/1700 06/0659 06/0900 4 06/1200 06/1459 06/1700 Anson *****N 08/0200 3 06/0700
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      • Article
        IN MALAYSIAN PORTS
        368 45 Port Klang Berth at South Port on Dec 5; 1: ml; 2: ml; 3; ml; 4 Cheung Hing, 5: ml; 6: Hung Lee 4; 7 Kin Line No 1; 7A Builder KCT: 8 Yang Fang Kou, 9 ml; 10 Hai Hui; Kota Makmur North Port: 11 Mercury
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      • Article
        DAILY FREIGHTS
        1019 45 C HARTERING on the freight market on Tuesday continued firm amid talk the key lIS Gulf to Japan grain route had been fixed at a higher U5525.50. brokers said. If confirmed, grain routes look set to rise further. The (iulf/Japan sub-index was marked up to U5525.30 Irom U5524.70
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    • Article, Illustration
      Lock icon Delay at Kansai not bad news for Japan's airlines
      513 46 NYT A DELAY in the completion of the Kansai International Airport, although widely viewed as a setback to the local economy, will give Japanese airlines time to restock their short supply of pilots and airplanes before competition begins for flight slots,
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    • Article
      Lock icon Late-Nov US vehicle sales down 20.5pc
      208 46 NYT SALES of cars and light trucks in the US tumbled 20.5 per cent in late November, deflating hopes that moderately strong demand earlier in the month would continue despite a weakening economy. Seasonally adjusted, cars sold at an annual rate of 5.3 million
      NYT  -  208 words
    • Article
      Lock icon Continental likely to resist calls to sell assets
      380 46 NYT AFTER filing for bankruptcy protection. Continental Airlines may face pressure from creditors to sell some big assets, but the head of the airline has said he will resist such a step. Instead, analysts say, Continental's management must try to persuade its
      NYT  -  380 words
    • Article
      Lock icon SAS prepared to write off most of its US$106m stake
      197 46 NYT AN EXEC UTIVE of Scandinavian Airlines System, the biggest shareholder of Continental Airlines, said on Tuesday that his company expects to have to write off most of its US$lO6 million investment and that "with hindsight we would not have
      NYT  -  197 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      158 29 B| I SWEEHENG METAL CO PTE LTD I to. 13, Tua6 Avenue 14, SPORE 2263 FAX 061 2946 TEL 861 S6SS(SLMES)fHn M So«e Agent TLX RS ***** W Commercial Cleaning V Equipment Industrial Maintenance Equipment Also buy .sell rental repair THE STRIKE CLUB A presentation by Strike Club Correspondents (London)
      158 words
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      Page 29 Advertisements Column 2
      51 29 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Fefry Schedules 16 Daily Freights 17 Index to Advertisers 3 Port Conditions 16 Shipping Agents 15 Shipping Guide 10.11 Slupsales/Tanker rates 16 Ships m Port 17 Singapore Tdes 17 Transport Diary 2 Weather and Sea Conditions
      51 words
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      Page 30 Advertisements Column 1
      89 30 FOR SUCCESSFUL MANAGEMENT OF YOUR ,BS,HESS ai 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
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      Page 30 Advertisements Column 2
      9 30 I he uckelt report was not available at press-time
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      Page 30 Advertisements Column 3
      66 30 NOTICE NOTICE M.V. "YOBHII Ml" V.I Arrived Singapore tf.ll.M Consignees of all damaged cargoes ex the captioned vessel Is hereby notified that a General Survey will be held on the 7th December 1990 (Friday) Keppel Wharves at K 30 0900 1200 hours. No further survey will be entertained thereafter. Agenta:
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      Page 31 Advertisements Column 1
      1917 31 O—- sr^Nnzras ~1 Mllf# 200 Cantonment Road #12 OS Southpomt. Singapore 0208 All If# Tel *****11 TELEX NO RS ***** ■fTRIV TERMINAL,CFS Tel *****18 220 T* Bftmfl bookings th *****34 23s L %Ww M i»esaka jardine shipping AGENCIES SON BHD PORT KELANG TEL *****18 TELEX MA***** MA***** PENANG TEL *****4
      1,917 words
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      Page 31 Advertisements Column 2
      1001 31 INDEX TOMWKIISjjRS Page Col Page Col I*l I I ABC Containeriinc 13 5 Mac-Nds Agencies 14 1/2 Accord Group 8 1-3 Macotine 18 2/3 Albalros Sea-Air 14 4 Macrsk Line 3 4/5 API. 5 3-5 «MISC 14 1-3 APC Line 14 3 M'sia Shpg Corp 9 1/2 Arrow Lines 9
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      Page 31 Advertisements Column 3
      2119 31 WAYPORT LOADERS MARIT MAERSK 9102 eta 11/12/90 TREIN MAERSK 9012 eta 10/12/90 Vessel Voy ETA ETO "Port 'Penang DESTINATIONS Singapore Kelang Tun M«t Marti M 910? Feeder by |I fir I cv ii'i2 oeoo i«s HH H HBI HI HHHH HUB CfS 10"? 2359 MBS M Tauro OAK LGB HOU
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      Page 32 Advertisements Column 1
      1211 32 I ROTTERDAMVOY NO SPOHE P KfcLANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP Lfc HAVRE KATSURAGI 03/545 6/12 30/12 26/12 27/12 23/12 31M2 TOKYO BAY 02/550 9/12 27/12 29/12 31 2 HAMBURG EXPRESS 99/549 13/12 7/1 1/1 3/1 31/12 KURAMA 08/553 16/12 2/1 4/1 7/1 KOWLOON BAY 96/552 20/12 14/1 8/1 10/1 7/1
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      Page 32 Advertisements Column 2
      600 32 isiaaEiafc DIRECT SOUTH PACIFIC SERVICE SIN NOl T SI'V PPT SKASPAC I 2H/I2 10/1 12/1 17/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA. PAGO PAGO, APIA t NUKUAIOAFA DIRECT CHILE SERVICE SIN lUU ANF VAP SKASPAC I 2H/I2 30/1 31/1 3/2 Also accepting Carjo to Call»o (Peru) via Valpa Agents:
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      Page 32 Advertisements Column 3
      1256 32 E3maABis &ssns REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALG) 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 16/01
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1812 33 —Tr o mmvoj a iiui &\Mt9 ji itvv viii m a v i*»«rv ~~jgSteamers Maritime Holdings Ltd PA-O flif NB STRAITS SHIPPING j Singapore to Bimjml, East Malaysia, Containers MBLJm e i o„ k ac«pts out sails Vo» Ho PHlang Spoif S lor. H bu| Btu«*n ITdam Irt KATSURAGI 01.54S
      1,812 words
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      Page 33 Advertisements Column 2
      1796 33 TO: EUROPE TO: FAR EAST SPORE HH MO HOB BU SP IM ROM HAM B HVN BRC FU HANIIN HAMBURG OWE 10 12 13 12 14/12 17 12 »12 HANIIN OAKLAND Oil* 412 2fcl2 Hill »12 »12 »U 11/12 «iH ?'H S'H M/U 5'K CHOTANC GlORt 00/W IVI2 2.1 1.1
      1,796 words
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      Page 33 Advertisements Column 3
      51 33 SBILNM SHIPPING PTE LTD. a 20-09, Tong Eng Wdg, 101 C*e» St. S por. 0106. Tat *****12, *****13, *****34. Tatou IS ***** Fan *****24 WEEKLY/REGULAR SERVICE TO EAST/WEST M SIA HAMIDAH In Pt/5 DEC SIBU. KUCHING SENG lEONG 9/10 DEC KUCHING. SIBU SUTRA 9/10 DEC P KELANG TRANSBULK 9/10 DEC
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      Page 33 Advertisements Column 4
      391 33 SDHjSHH STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC LEVIN YOUNG ASIAN CHALLENGER SOLDIER TRAOER VOY NO 3 1 9 6 S pore 10/12 11/12 13/12 17/12 P Kelang 12/12 20/12 Yangon 17/12 •Mongla 11/12 Chittagong 20/12 Calcutta 23/12 Yokohama 21/12 10/1 Nagoya 26/12 1/1 Ouka Scnboku
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      613 34 MfiHi CR NBR **********0 D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSL VOY ITroSt RDAM ADAM H BURG BRtMtN ANTWERP KIITAI 21WB 18,12 18/1 24/1 28/1 2/2 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Sub|«ct lo Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste ALSO ACCEPTING BOTH CONTAINERS
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      Page 34 Advertisements Column 2
      728 34 ItfftHANJIN SHIPPING yV FULL CONTAINER SERVICE IS' pore I LEH RIM ANR HAN BRV FEI FEEDER VSL SIN LINE HAUL LAX OAK 6,12 122; 12 ?«'l? 2M2 2612 SKIP 2") 12 HANIIN HAMBURG 003E 10,12 H KUNSAN 05»E 4,1 t/1 812 126 12 2/ 12 2* 12 28 12 30
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      Page 34 Advertisements Column 3
      98 34 EUROZONE FREIGHT SERVICES PTE LTD NO 20. MAXWELL ROAO #12-02. MAXWELL HOUSE. SINGAPORE 010$ IH: »1/W II FU: **I*l7l HI: IS HJ* Til I7M •WEEKLY EXPRESS FCL LCL CONSOLE SERVICES From TAIWAN HONGKONG EUROPE USA UK Services To BRUNEI ASEAN PORT S.E. MALAYSIA PROVIDE INT L TRUCKING DOOR TO DOOR
      98 words
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      Page 34 Advertisements Column 4
      1387 34 [PKL SCP HKC KSC KLG PUS HUT OSK SM2 TYO LAX CMS BAL NYC IMV ANW ROM THP HBC SCP I E CENTS* RE 034 *12 In Pi 11/12 1712 14(12 I*U I*l2 20(12 22/12 23/12 4/1 16/1 I*l I*l Ml 10 1 31 1 1/2 3/2 217 I E
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      1911 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA l ricon cicoo K L. (03) *****33,
      1,911 words
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      Page 35 Advertisements Column 2
      1225 35 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 EASTBOUND LOADING FOR WESTBOUND VESSELS VOTAGt SPORt MANiU h>3NG VOYAGE SPORE PKLANG MB'JRG B HAVEN TILBURY
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      Page 36 Advertisements Column 1
      1554 36 f K LINE KAWASAKI KISEN KAISHA. HI). EXPORT N. AMERICA-PACIFIC SOUTH-WEST 7j IMPORT N. AMERICA PACIFIC SOUTH-WEST /WM Wa VOY -INDO *PK PNG I SCP I MU Vtsstl M* U OA* CHI NYC j wSTIS& T' T? l'll tsfl J" IJ"mi I T/1 J f MEDITERRANEA 5,12 6/12 8.12 HENRY
      1,554 words
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      Page 36 Advertisements Column 2
      1107 36 PHILIOniCNT UNCS PT€ LTD 108 ROBINSON ROAO #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 CmCAGO N
      1,107 words
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  • Page 37 Advertisements
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      Page 37 Advertisements Column 1
      1631 37 asaspif PACIFIC INTERNATIONAL LINES (PTE) LTD gg gg Bv p,l Building, 140 Cecil Street *03-00, Singapore 0106. JAKARTA 1 1 BANGKOK ~1 VESSEL VOY SIN JKT SIN VESSEL VOV SIN BKK SIN I KOTA JADE 09SB 8/12 10/12 PEGASUS PIONEER 110N 7/12 10/12 14/12 EOEN 9041 9/12 11/12 IS/12 PEGASUS
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      Page 37 Advertisements Column 2
      1172 37 r BEN LINE CONTAINERS UFD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint M Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VQY SPORE P KLANG SYMPTOM) HAMBURG BHAVEN ROAM LHAVRE Katsuragi' 03/545 irTpt 30/12 26/12 Via Ha 23/12 Via Rd Tokyo Bay f 02/550
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      Page 37 Advertisements Column 3
      315 37 MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.KIg Pen P.Gdg PAGAN VI64W SM In Pi HPA AN VIS7W 10/13 Dec AVA VIOSW 1002 Dec 13/1S Dec PATHEIN VIOBW 12/16 Dec «/12 Dec THE BANK UNE (A service of Andrew Weir Shipping) Yi SEMI-CONTAINER SERVICE \1
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  • Page 40 Advertisements
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      Page 40 Advertisements Column 1
      842 40 r»I)SH-l INFS^N BBf?3fn?3?T3Pn?!T?TT?!T?I!T!TTrST3 imrui-u WHBHBBHnMBMBZEHaBBnnHBV INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX BRV ROM ANT HBG BRANDINBURC WMIOI 1/12 51 4/1 6/1 2/1 JAPAN SEN WFIOI 11/12 3/1 4/1 t/1 7/1 5/1 BREMEN SEN WFIO2 17/12 9/1 10/1 12/1 13/1 1/1 CARMEN CARINA WMIQ2 23/12
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      Page 40 Advertisements Column 2
      1106 40 L£J£jTALZ~ CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 8 DEC ft 15 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 14/2 21/12 MANILA 8/12 15/12 PENANG 14/12 21/12 BUSAN 15/12 22/12 BANGKOK 8/12 12/12
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      Page 40 Advertisements Column 3
      293 40 LOADING FOR VESSEL SPOIL CBO D6N BAIHES HVIOtO RIO STS ¥1T 'WU* HOSrwEEN I IVI2 2hll l/l W Off W PT ««W1 ALSO LOADING 108 BUENOS AIMS Turfcey, Red Sea/ Med Ports. Sport P Kennf Penan f loatfinf tor GENCLIK V MO S DEC 11 DEC OPT OCDINCE.ISTANBUL im* MERSIN
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      Page 40 Advertisements Column 4
      1279 40 '"E tSi&* i& S? CHINA OCEAN SNIPPING COMPANY FULL CONTAINER LINER SERVICE tel 2»I*» 2. MISTRI ROAD. HMC BUILDING TELtx RS 3£^9 OSHIP #15 00. SINGAPORE 0207 FAX: CR NO: **********0 M CABLE COSTARLINE General Agents: COSTAR SHIPPING FTC LTD TO EUROPE FROM EUROPE VCSSR/VOV SCP ax NOT HAM ANT
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  • Page 41 Advertisements
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      Page 41 Advertisements Column 1
      780 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA IPI Destns 15/12, 22/12 EUROPE all Ports 15/12, 22/12 BANGKOK 13/12, 15/12 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 Penang Branch
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      Page 41 Advertisements Column 2
      247 41 MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) m ETHIOPIAN SHIPPING LINES y (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOV ETA I LOADING FOP SPORE ABYOT ?3WB In Pi DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA ABBAV WONZ 2AWB 30/1
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      Page 41 Advertisements Column 3
      834 41 MASKAPAI PELAYARAN PapULAU LAUT fULLY FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA i THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL SEJAHTERA
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      Page 41 Advertisements Column 4
      584 41 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK 1 VESSEL VOY SPORE CEBU MAMMh JENLINK 34N Thur In Pt Sun 1 9/12 KITI BHUM 49R 8/12 13/12 15/U j NANTA BHUM 18N Thur In Pt Sun 9/12 SO STAR 50S 14/12 20/12 22/12 SIR I BHIIM#* 472N Sun 8/12 Tue U/U KITI
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      Page 41 Advertisements Column 5
      404 41 TO AUSTRALIA/NEW ZEALAND [vsi EH |rr«a |m Fsr« la.** Tii« |r cmalm MimmN si tiu um aiu m »u iu Si tnt express as ~v\ m sfl s*i Si nji 2/2 e huoic 2M 5a 55 u/2 I*2 aw ~nii an BdusstL m IE2 an w w «w iv 3
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      Page 42 Advertisements Column 1
      1127 42 MAC-NELS SINGAPORE "PMT TEL *****22 import TEL *****02 TEL (04) *****6 KK TEL (088) *****0| TAWAU TEL (089) *****9 P KELANG TEL (03) *****77 KUCHING TEL (082) *****3 SKAN TEL (089) *****2 I [\W~ J BAHRU TEL (07) *****2 SIBU TEL (084 *****2 LABUAN TEL (087)*****9 JAKARTA TEL (21) *****32
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      Page 42 Advertisements Column 2
      396 42 Ifgfc, BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK tYT MULBERA IBS 14 Dec 25 Dec Vi» NPL 28
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      Page 42 Advertisements Column 3
      1392 42 /SSI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL [HIT lETA OEST VESSEL VIT I ETA PEST KIM SOON LI 47/90E 07
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  • Page 44 Advertisements
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      Page 44 Advertisements Column 1
      19 44 Find out how sellers are reaching out to buyers in Advertising and Marketing. Even Thursday in Business Times. 1
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      Page 44 Advertisements Column 2
      58 44 QKIE HT BIJI H Liihe KKU SIN PKL DESTN LANCELOT SPIRIT/***** 10/12 13/12 ROT(FLU)/ANT SINGA WILSTREAM 22/12 25/12 ROT(FLU)/ANT (ZEE)/UKjHULI. VESSEL VOY NO JKT SUB SIN BRISB SYD MELB WATERSCHOUT 302 9/12 11/12 22/12 25/12 29/12 WATERMOLEN 105 22/12 24/12 5/1 8/1 10/1 WATERTOREN 205 31/12 3/1 15/1 18/1 21/1
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      Page 44 Advertisements Column 3
      47 44 T«l: *****27 Fax: *****30 T, RS ♦M® 4 INETCO VOV MO SIN MA* CAI TIGER STAR 138N 0&/12 11/12 TIGER CREEK 112CNB 05/12 12/12 LEUVE 9135 10-'l2 18*12 TIGER RIVER 113CNB 12/12 19/12 ILOVIK 139N 15/12 21/12 TIGER CREEK 114CN6 20/12 27/12 TIGER STAR 140N 20/12 26/12
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      Page 44 Advertisements Column 4
      143 44 JESSELTON ©COO(P(POG9@ TO 05T® 5 Sktatoi War. UIC #15-09. Span 0101 Tain: RS 391 M Fa: *****37. W: ***** M ACCEPTING CARGO ETO ETA ETA ETA AT PPT P5 SPORE MUARA LBN KK EASTERN GLORY ¥32E 90 Sailed 8/12 9/12 1012 APRIL GLORY V34E 90 78; 12 9/12 12/12 13/12
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      Page 44 Advertisements Column 5
      62 44 interoceanN %3C^LINE I re. 2nd Floor, Jalan 2/71, Taman Tun Dr. lamall, ***** KL. T#(; 7,*****, *****94, *****24 TLX. NO. MA-***** FAX: 03-*****11 Panang Off: Tal: *****7. *****2 LCL/FCL LOADING FOR AUSTRALIA SYO, MELB, ADE, BRIS, FREM UK/EUROPE LE HVE. HBG. BREMEN, R DAM, GENOA. ANTWERP. UK PORTS SCANDINAVIA USA
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      449 45 TIDES AND WEATHER r 4 g,- w —uj-ffoMif rnr minmijwia:Tmww[iflii][i;iwi>[ißi«wminfiw»ii»iiiiirai*i>fiw>tiiWMM^ TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 MOO **********00 1200 1300 1400 1500 1600 1700 1800 1900 ?000 2100 2200 2300 >n jc 7 C 24 20 16 13 12 14 1.7 2.3
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  • Page 46 Advertisements
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      Page 46 Advertisements Column 1
      272 46 CHARTPOINTI 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 l/li J TEL: *****66 FAX: *****10 \J[[lS TLX RS ***** HHSHPG PT. PELAYAHAN. SAMUDfIfI AGUWG PERFECT 1505
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      Page 46 Advertisements Column 2
      708 46 JIHYUIMDAII MERCHANT MARINE CO. LTDEASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHI FROM PSW VOY LBH OAK SEA HKG SIN HYUNDAI COMMANDER 22E 14/12 20/12 7/1 9/1 11/1 10/1 LALANDIA HW 30/10 2/11 Slll 23/11 2/12 HYUNDAI PIONEER 37E 22/12 27/12 14/1 16/1
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      Page 46 Advertisements Column 3
      577 46 CHARTPOINT Every Saturday in Business Times |F«««r from IVoy I PNC I PKi I Hothw VttMl Vo» I SIN lUX I OAK I HO«J IML ICHII I NOA I MEM I NYC I •Uarvi COC HJHCA KtMOWINC" V7W JftlT AUICATOR TRIUMPH V 2S2IS 10,12 2»12 11/12 1/1 2/1 11 2/1
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