The Business Times, 7 December 1990

Total Pages: 46
1 46 The Business Times
  • 11 1 Business Times MCI (l>) 170/12/89 Friday December 7 1990 75* I
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  • NEWS SUMMARY
    • 101 1 PHILIPPINE President C orazon Aquino yesterday urged the country's two rival slock exchanges to unite quickly. Opening a meeting ol Last Asian slock markets in Manila, she said the rival Manila and Makati bourses had helped to keep business confidence alive during
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    • 19 1 THE LATEST Beri business risk credit rating reports have given Singapore top marks again Page 2
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    • 31 1 OIL MAJORS, most of which arc investing heavily in their retail network to stay ahead of rivals, expect the retail sector to perform well next year Page 2
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    • 36 1 THE MALAYSIAN economy is expected to grow by 8.5 per cent next year before slowing down to 7.5 per cent in 1992 as the shortage of labour becomes more acute Page 7
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    • 30 1 THE US is ready to normalise relations with Vietnam as soon as the Cambodian peace process is completed, says a top American official Page 7
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    • 36 1 ORDERS from US factories rose by an unexpectedly strong 2.8 per cent in October, good news amid a spate of signs that the American economy is sliding into a recession Page 9
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    • 20 1 THE EUROPEAN Commission has made a gloomy forecast for the European Community's near-term economic future Page 9
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    • 25 1 UNLIKE the emotional outbursts of the past, the debate over immigration in Australia is now a serious and open one Page 11
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    • 29 1 LOCAL construction company Koon Construction has been awarded a $2.7 million contract to build a container stacking yard at Kcppel Terminal. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • 30 1 WALL STREET opened higher yesterday, with the Dow Jones Index of 30 leading industrials marking a 11.14 point gain to 2,621.53 in the first five minutes of trading.
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    • 49 1 BRITISH share prices were higher at midday yesterday, buoyed by the news that Iraqi leader Saddam Hussein had called for the release of all foreigners held by Iraq. At 1215 GMT, the Financial TimesStock Exchange 100-Sharc Index was up 28.7 points, or 1.3 per cent, at 2,181.3.
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    • 31 1 SOFTENING sentiment in the hotel industry saw only two of four hotel sites offered by the Urban Redevelopment Authority attracting bidders, among them SIA Page 3
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    • 34 1 BUOYED BY a strong Singapore economy and a bigger share of the vehicle market, Cycle Carriage chalked up a near 56 per cent increase in group after-tax profits. Page 3
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    • 22 1 MONETARY integration of the EC will have far reaching consequences for the region's banks, says Banquc Indosuez's chief. Page 6
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    • Article, Illustration
      29 1 Thursday Change BT-MGA 574.28 +14.75 Kuala Lumpur ....490.58 +10.55 Hongkong 3,126.79 +60.56 Tokyo 22.553.10 +359.38 Sydney 1,323.3 +0.2 Wednesday Change New York 2,610.39 +30.69 London 2,152.6 +6.3
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    • 19 1 Exchange rates USS SSl.7195 Yen SSI.2823 MS S$0 6365 Money market rates Overnight 4-3/8 1/2 3-month 5-9/16 unch
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    • 35 1 London Gold AM fix US$373.80 -US$3.50 Rubber S'pore Jan l52.00Vkg +0.25 Vi'sia Jan 24l.00«/kg unch KL Tin Turnover 31 tonnes -9 Spot M$l5.IO/kg -0.22 Crude palm oil Turnover 2,893 lots +954 Dec M$826/tonnc -3
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  • 480 1  -  By Amy Balan UNITED Industrial Corporation's Oei Hong Leong has made a surprise foray into the Japanese corporate world with the acquisition of options that could eventually give him a one-third stake in Japan's fifth largest paper manufacturer, Honshu Paper Ltd. An AFP report
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  • 493 1 US calls for Mid-East peace conference Agencies IRAQI President Saddam Hussein yesterday called for the immediate release of all foreign hostages. The call came only hours after the United States signalled a major shift in Middle East policy and after the disclosure that
    Agencies  -  493 words
  • 226 1 CRUDE oil prices continued to fall yesterday with Brent for January delivery skidding below US$26 a barrel to a low of $25.50, down $1.83 on the day after Iraq's London embassy confirmed President Saddam Hussein was asking Parliament to allow all foreigners to leave Iraq
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  • 213 1 SHARE prices on the Stock Exchange of Singapore soared by more than 2 per cent yesterday as the momentum towards a peaceful solution to the Gulf crisis gathered pace. Reports that the Bush adminstration and Saddam Hussein had agreed to direct talks had earlier triggered
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  • 164 1 Reuter ALAN BOND, the flamboyant businessman who bought a Van Gogh and bankrolled a stunning yachting upset, was charged yesterday in connection with a government investigation of a collapsed investment bank. Bond, whose brewing and mining empire collapsed in some US$6 billion in
    Reuter  -  164 words
  • 462 1  -  From Yong Pow Ang in BRUSSELS THE COLD weather in Brussels has, for the fourth day running, failed to temper the heat generated at the Uruguay Round of talks to reform world trade. Yesterday, the bickering over cuts in farm subsidies got so
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  • Page 1 Advertisements
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  • HOME NEWS
    • NEWS ROUNDUP
      • 83 2 THE Labour ministry has announced the waiver of the $20 visit pass fee for all work permit holders and the withdrawal of the $1 fee employers have to pay for the disembarkation/embarkation card. Henceforth, foreign non-Malaysian workers who wish to travel in and out
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      • 90 2 TO FACILITATE refurbishment work at the Urban Development Authority (URA) Building, the second and fourth storeys of the car park will be closcd from Dec 10 till June 1992. They will be converted into temporary office space to house affectcd otYiccs. The entrance and exit
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      • 55 2 ABOUT 400 productivity activists will be attending the annual Productivity Activists Convention today at the NPB auditorium. The theme of the convention is "Quality and Me" and will focus on how activists sec quality and how they can promote quality in their companies. The gucst-of-honour is Jeremy
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      • 56 2 PIDEMCO Land Pte Ltd has pointed out that it is the managing agent for 19 units of restored shophouscs in Kreta Ayer, which are state-owned. It was reported erroneously yesterday that Pidemco owned the units, in a story headlined "URA puts Kreta Ayer shophouscs up for tender".
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    • 406 2  -  Report ranks reunified Germany with Republic By Anna Teo SINGAPORE still ranks among the world's top three business ccntres on Business Environment Risk Intelligence (Bcri)'s latest ratings. But this third placing is now shared with the reunified Germany, which has moved up
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    • 154 2 THE Philippine Chief of Staff, General Renato De Villa, yesterday called on Prime Minister and Minister for Defence Goh Chok Tong. General De Villa is on a three-day visit at the invitation of the Chief of Defence Force, Lieutenant-General Winston
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    • 264 2  -  By Lilian Ang OIL MAJORS, most of which arc investing heavily in their retail network to stay ahead of rivals, expect the retail sector to perform well next year. While realising that motorists will continue to flock to Malaysia for
      264 words
    • 273 2 OIL MAJOR Caltex has awarded a $17.3 million contract to a local engineering firm to build three new jetties at its Tanjong Penjuru storage terminal. The successful firm was Wang Coo-Kien Co which early this year clinched a $20-million contract
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    • 169 2 A JAPANESE manufacturer of foam materials has invested $1.5 million in its factory to eliminate the use of ozone-damaging chemicals. Mabuchi Chemical Singapore claims to be the first polycthelcne and polystyrene manufacturer to use butane gas instead of chorofluorocarbons (CFC) as a blowing
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  • Page 2 Advertisements
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • 524 3  -  Two of URA s four sites fail to attract tenderers By Elaine Koh SOFTENING sentiment in the hotel industry saw only two of four hotel sites offered by the Urban Redevelopment Authority attracting bidders, among them the heavyweight Singapore Airlines. SIA was in
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    • 396 3  -  By Dexter Lee BUOYED by a strong Singapore economy and a bigger share of the vehicle market, Cycle Carriage (C&C) has chalked up a near-56 per cent increase in group after-tax profits to $53.95 million for the year ended Sep 30. This works
      396 words
    • 379 3  -  By Lee Han Shih THE Gulf crisis will have little lasting impact on the Singapore property market, if a circular released by City Developments last night is anything to go by. The circular, prepared by three independent directors of CityDev with the
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    • 284 3 Bernama SPK-SENTOSA Corp Bhd has agreed to purchase the entire equity of United Straits Fuso Sdn Bhd (USF), the Malaysian franchise holder for Mitsubishi commercial vehicles, for M 5243 million in cash and new shares. In a statement issued on behalf of SPK-Sentosa, adviser
      Bernama  -  284 words
    • 654 3  -  THE HOCK LOCK SIEW COLUMN By Lee Han Shih IF OEI HONG LEONG and Liem Sioe Liong are friends, they have been doing a good job of telling the market they are not. In the past few days, both have been snapping up
      654 words
    • 179 3 SESDAQ-LISTED Tonhow Industries has been sued by Malaysian company Cercc Manufacturing (SEA) Sdn Bhd for breach of an agency agreement. In a brief statement yesterday, Tonhow said that Cercc was claiming an unspecified amount as damages for breach of the agency agreement which was alleged to
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    • COMPANY BRIEFS
      • 85 3 THE highly-diversified Lion group yesterday launched a mul-ti-million-ringgit industrial park in Shah Alam designed for both local and foreign investors in high-technology and nonpolluting industries. The Lion Industrial Park would be developed on part of more than 132.2 hectares of plantation land converted into industrial use.
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      • 51 3 MR DENIS TAY, a director of The Straits Times Press (1975) Ltd, a subsidiary of Singapore Press Holdings Ltd (SPH), purchased 10,000 SPH shares on Nov 21. On Nov 29, there was also a purchase of another 10,000 shares in which Mr Tay has deemed
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      • 39 3 TAT LEE BANK Ltd yesterday announced that three of its directors have been appointed members of the bank's Audit Committee. They arc Mr Hsuan Owyang (chairman), Mr Wong Aun Phui and Mr Goh Tju Kiang.
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      • 55 3 GUTHRIE OVERSEAS Investments Pte Ltd has increased its substantial shareholding of L&M shares from 20.19 per cent to 21.697 per cent, the L&M Group announced yesterday. Guthrie Overseas Investments Pte Ltd purchased 500,000 L&M shares through Guthrie Overseas Investments (HK) Ltd, which is a wholly-owned
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    • 279 3 Reuter IRAQ'S invasion of Kuwait and a cash shortage in Malaysia's stock market due to a wave of rights issues have dealt a sharp blow to a record number of newly-listed companies recently. Share analysts in Kuala Lumpur said yesterday that dismal debuts
      Reuter  -  279 words
  • Page 3 Advertisements
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • 109 4 ORIENTAL CHEMICAL Industry Co and two American companies have signed a contract to jointly purchase a soda ash plant in California from Kerr McKee Chemical Corp for US$2lO million. The DG Harris Group, based in Delaware, the Chase Manhattan Bank and
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      • 136 4 AUSTRALIAN building products group James Hardie Industries Ltd said slow economic activity in its main markets means its profit outlook remains subdued but the company hopes to maintain the final dividend at 10 cents a share. Announcing a 14.4 per cent drop in interim
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      • 92 4 SOUTH KOREA'S Yukong Ltd has struck oil in Egypt's North Zaafarana Mining Zone, a company spokesman said in Seoul on Wednesday. Yukong struck oil when it drilled a test bore in the Warda HB 78-2 mining block in the Gulf of Suez late last month and since
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      • 110 4 BHP PETROLEUM Pty Ltd, a unit of The Broken Hill Proprietary Co Ltd, yesterday said tests at the joint venture Tahblik-1 well in the Timor Sea had indicated the presence of two gas columns. "Analysis of the wireline testing programme indicates a minimum gross gas
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      • 96 4 SAMSUNG Co Ltd, a trading arm of South Korea's Samsung Group, has agreed to set up a 50-50 joint venture with Clutha Ltd of Australia to develop a coal mine in Australia, Samsung officials said. The joint venture, to be launched in March next year
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    • 498 4 Shell and Caltex plants come on stream by 1995 THAILAND will have two more oil refineries following Tuesday's Cabinet approval of the Shell and Caltex draft contracts, The Nation reported on Wednesday. The Cabinet acted in 10 minutes to deal with the unlisted
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    • 422 4 FOR unknown reasons and at the last minute, Thailand's Transport and Communications Minister Montri Pongpan ich has decided to pull back his proposal exempting Hopewell Holdings from the 10 per cent withholding tax on interest on foreign borrowings, The Nation reported on Wednesday. On
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    • 386 4 AFP INDONESIA announced measures yesterday to privatise the Jakarta Stock Exchange in order to further boost the growth of the country's capital markets. The government-owned Stock Market Executive Agency (Bapepam), which manages the Jakarta Stock Exchange, would be replaced by a body that
      AFP  -  386 words
    • 351 4 FT THE OPENING in Hongkong's New Territories this week of a HK$4OO million to HK$5OO million regional headquarters and development centre for Motorola, the US electronics company, has given a much needed boost to the colony's ambitions to develop high-technol-ogy industry. Hongkong has been
      FT  -  351 words
    • 96 4 Reuter ENVIROPACE Ltd, which last month won a contract to design, build and operate Hongkong's first chemical waste treatment plant, is planning to raise a US$B5 million loan. Banking sources in the British colony said yesterday that the terms of the sevenyear loan were
      Reuter  -  96 words
    • 239 4 AFP THE FORMER HEAD of the failed Australian property group Hooker Corp, George Herscu, was found guilty yesterday of two corruption charges. A district court jury in Brisbane returned the verdict following a four-week trial during which Herscu, 62, had pleaded not guilty to making
      AFP  -  239 words
  • Page 4 Advertisements
    • 199 4 If I MON TRE DCS WON TRE S I A MONfBf DCS MONI RE S f I I I* MON TRE DE S MONTRES I A MON TRE DE S MONTRES HUBLOT j 5 ip^^B j w A REVOLUTIONARY, STUNNING z o UNFORGETTABLE 1 EXPERIENCE < z o In celebration
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    • 93 4 IBM moving Communications Systems HQ, Page 5 This announcement appears as a matter of record only <£> SALINDO PERDANA FINANCE U5520,000,000 STANDBY LETTER OF CREDIT FACILITY Arranger and Agent Standard Chartered Standard Chartered Merchant Bank Asia Limited Standby Letter of Credit Banks The First National Bank of Boston, Singapore Branch
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  • INTERNATIONAL COMPANY NEWS
    • 434 5 Communications Systems headquarters moving to London FT INTERNATIONAL Business Machines is moving its Communications Systems headquarters from New York to London. This is the first time the world's largest computer company has established corporate responsibility for a principal line of business outside the US.
      FT  -  434 words
    • 314 5  -  Magazine assured of total press freedom By Harish Mehta READER'S Digest will launch a Russian-language edition of the magazine in the Soviet Union next year, after having been assured by Soviet officials that it will not be censored and will enjoy total press freedom.
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    • 236 5 NYT SEARS, Roebuck Co has told 20,000 employees that their salaries in 1991 would be frozen at this year's levels as part of a company-wide cost-reduction programme. The largest retailer in the US said on Wednesday that the freeze would affect all
      NYT  -  236 words
    • COMPANY BRIEFS
      • 98 5 EASTMAN Kodak Co has confirmed that it is considering forming a joint venture between its Sterling Drug subsidiary and the French drug company Sanofi SA. "Sterling has been talking to several companies about an alliance, and Sanofi is a company that Sterling is talking to,"
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      • 60 5 THE Pak-Suzuki Motor Company Ltd said in Karachi on Wednesday that net profit for the year to June ballooned 41 per cent, fuelled by a 9.3 per cent surge in sales. After-tax profit for the period was 143.6 million rupees (U556.59 million), up from 102.2 million rupees
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      • 43 5 MORGAN Stanley analyst Bruce Missett has downgraded Toys R Us Inc, traders said, and Wertheim Schroder analyst Robert Schweich said he issued negative comments about the company's near-term prospects. Missett could not be reached immediately for comment yesterday.
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      • 63 5 KOBE Steel Ltd has won a 10-billion yen contract from National Iranian Steel Co to provide production and management know-how. A Kobe spokesman in Tokyo said on Wednesday that the company will help the Iranian firm overhaul its steel-making complex in Ahwaz, which was completed in 1989.
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      • 40 5 GLEN RENFREW, the outgoing managing director and chief executive of Reuter Holdings pic, gave a pessimistic appraisal of his company's prospects for next year that sent Reuter stock down 10 pence to 606 pence on Wednesday.
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  • Page 5 Advertisements
    • 56 5 Top New Zealand Motel Complex, owner operated, four years old.. Specialist corporate and tourist clientele in prime location. Enjoying very high returns. Requires private or institution finance for further development. Our managing director will be visiting Singapore in early December. For further particulars please write: Paul Mutch P O Box
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    • 24 5 The Art of Fine Cognac. h^j 11 —■-—f^gftlßlil^Bi X I I m V A IS^BHB£SSBss§BB^^^^^^^H Martell Cordon Bleu. The Art of Cognac Since 1715-
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  • FINANCIAL NEWS
    • 515 6  -  Financial, business services sector top '89 performer: survey By SN Vasuki TOTAL BANK assets in Singapore grew by 32 per cent in 1989, triple the rate of the previous year. The financial and business services sector was the star performer of the year with an impressive
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    • 346 6  -  By SN Vasuki EUROPEAN banks arc learning to cope simultaneously with the forces of dcregulation and "re-regulation." according to Mr Jean Francois Lcpetit, president and chief operating officer of the French bank, Banquc Indosucz. Mr Lepctit, who is visiting Singapore where
      346 words
    • 411 6 AFP NEW ZEALAND Finance Minister Ruth Richardson reaffirmed in Wellington yesterday that the government was bailing out ailing BanjfarNew Zealand (BNZ) a clause in a restructuflS agreement allowing ittt)T>pt out. An independent study released on Wednesday of the agreement first announced in
      AFP  -  411 words
    • SMALL CHANGE
      • 93 6 THE GOVERNMENT Insurance Office of New South Wales has arranged a As2oo million multi-currency Euro-commer-cial paper programme in Hongkong, arranger ANZ McCaughan Securities (Asia) Ltd said. The notes will be offered in seven to 365 day maturities in denominations of A 5250,000. U*****,000 or alternative
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      • 108 6 STANDARD Life Assurance Co, the UK's largest mutual life assurance company, said equity markets are likely to continue to give returns in real terms in the *****, although below the levels seen in the 1980s. Dick Barfield, Standard Life chief investment manager, said "we
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      • 121 6 THE Taiwan Fund Inc said that because of a drop in its value since Jan 1, it will not pay a further dividend in 1990. It last paid a dividend of US$l.69 per share on June 26. The closed-end investment company said, however, its investment performance
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  • Page 6 Advertisements
    • 126 6 How long before 1 the Japanese economy If really starts booming? I I? g- il i ifr* E» Jfr EIf: < R"% gfe? J,*.." I 'e?' 1 Kr.> ;\ms i Kto t K Good fortune still shines down on the land of the rising sun. But for how long.-' II
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    • 204 6 Building Science Seminar 1990 IMPROVING BUILDING PiRPORMANCE Friday, 14 December 1990 8.00 AM 5.00 PM Boulevard Hotel, Singapore r JKSj This biennial seminar is organized by SCHOOL OF BUILDING AND ESTATE MANAGEMENT NATIONAL UNIVERSITY OF SINGAPORE Two concurrent parallel sessions SESSION I BUILDING AND THE ENVIRONMENT SESSION II BUILDING MATERIALS
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  • Page 6 Miscellaneous

  • THE REGION
    • 566 7 Bernama THE MALAYSIAN economy is expected to grow by 8.5 per cent next year before slowing down to 7.5 per cent in 1992 as the shortage of labour becomes more acute, Malaysian Institute of Economic Research executive director Datuk Dr Kamal Salih said
      Bernama  -  566 words
    • 279 7 Bernama THE United States is ready to normalise relations with Vietnam as soon as the Cambodian peace process is completed, Assistant Secretary of State for East Asia and the Pacific Dr Richard Solomon said. He said formal relations could be instituted within
      Bernama  -  279 words
    • NOTE BOOK
      • 76 7 TAIWAN'S foreign trade picked up steam in November to surge 10.7 per cent and 6.2 per cent in exports and imports, respectively over a year earlier, the Directorate General of Budget, Accounting and Statistics said yesterday. Exports in November amounted to US$6.O9 billion while imports in
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      • 72 7 A SOUTH KOREAN TEAM will visit Vietnam from Dec 10 to Dec 20 to conduct surveys on coal, oil, lumber and fisheries for possible imports and joint development projects, officials said yesterday. Government officials said the 18member group, led by Kim Yung-min, vice-president of Daesung
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      • 73 7 THE PHILIPPINES will impose a 7 per cent levy on all imports in order to shrink its growing budget deficit. Finance Secretary Jesus Estanislao said in Manila on Wednesday. President Corazon Aquino had earlier signed an order imposing a 5 per cent levy on imports
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      • 52 7 MALAYSIA and Thailand have agreed in principle to extend opening hours at their common border checkpoints to promote tourism and trade, Thailand's ambassador to Malaysia said on Wednesday. Rongpet Sucharitkul said a final decision would be taken at the Malaysia-Thai General Border Committee meeting in Thailand
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    • 272 7 Reuter VIETNAM has produced 21.5 million tonnes of grain this year, hitting the national target and achieving an increase of 8 per cent over last year's bumper crop, Deputy Prime Minister Vo Van Kiet said on Wednesday. Reporting on this year's economic fortunes
      Reuter  -  272 words
    • 170 7 Reuter BANKS could be hindering New Zealand's economic recovery through their reluctance to lend to promising businesses, Finance Minister Ruth Richardson said on Wednesday. "While caution in the current economic climate is understandable, excessive caution in lending to businesses with strong growth prospects
      Reuter  -  170 words
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  • Page 8 Advertisements
    • 453 8 Accidents will happen. But only one insurance pavs twice the m a ensive mhb easiig e. The wn he sum assured i Since the e could be liland, the gons would re developat 110 extra cost s iodes, transiscircuits but as printed cir1, we show the cm one dragon jH
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  • THE WORLD
    • 426 9 Most robust growth since March Reuter ORDERS from US factories rose an unexpectedly strong 2.8 per cent in October, good news amid a spate of signs that the American economy is sliding into a recession. The Commerce Department said on Wednesday that
      Reuter  -  426 words
    • 333 9 AP THE European Commission on Wednesday gave a gloomy forecast for the European Community's near-term economic future. In a report, the Commission blamed the Persian Gulf crisis, the depreciation of the dollar and a weakening US economy for the current recessionary climate in the
      AP  -  333 words
    • 528 9 Reuter AS STOCK MARKETS across the capitalist world suffer nightmare visions of war in the Gulf, communist China has become the improbable location of a speculators' dream. This southern China boomtown's street-side stock market and its more robust black-market offspring has transformed Communist Party
      Reuter  -  528 words
    • 406 9 AP A SURVEY that found Eastern Europeans prefer Western European products to US-made goods should neither surprise nor distress US manufacturers, international trade experts say. The lesson for American companies that view Eastern Europe as a boundless market is to look
      AP  -  406 words
    • WORLD WATCH
      • 72 9 A POLL published on Wednesday shows Lech Walesa's lead widening over enigmatic challenger Stanislaw Tyminski in the race for Poland's presidency. The survey, conducted by private polling service Demoskop and commissioned by the government-owned newspaper Rzeczpospolita, showed Walesa getting the votes of 61 per cent of
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      • 30 9 CHANCELLOR Helmut Kohl's top foreign policy adviser, who helped arrange food aid to the Soviets, has resigned to head a private foundation, the government said on Wednesday.
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      • 65 9 A PROPOSAL for a joint venture to build a US$3 billion natural gas plant in eastern Venezuela was presented to a congressional committee in Caracas on Wednesday, the first hurdle for approval. The Venezuelan state oil subsidiary Lagoven, in a mixed-capital project with Shell International Gas
        65 words
      • 59 9 THE European Commission on Wednesday proposed a US$2O5 billion European-wide high speed train network which should cover all western Europe by the year 2010. The future TGV network, which will link some already existing national high speed lines and build new ones, should be more than 25,000
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      • 33 9 THE Japanese Foreign Ministry said on Wednesday that it has set up an office to help the private sector send food and other relief materials to the Soviet Union.
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  • Page 9 Advertisements

  • 482 10 EDITORIAL LIKE a string stretched to breaking point, market sentiment has reached a tense, fragile low. For months now, the long shadow of the Middle East crisis, and a generally gloomy global economic outlook, have hovered over bourses worldwide. Stocks take a beating with the first
    482 words
  • WHAT THE OTHERS SAY
    • 247 10 VIETNAM'S legislators began their winter session yesterday. They have a depressing discussion ahead. After a fairly good year last year, the country's cconomy is in trouble again. The main cause of it: the sharp reduction in aid from the Soviet Union and its allies in Eastern Europe.
      247 words
    • 122 10 LEADERSHIP succession is important in any organisation. That's why the Minister for Foreign Affairs and Community Development, Mr Wong Kan Seng, has to be taken seriously when he called on grassroots organisations to go through a selfrenewal process in their leadership. Leadership renewal is important not just to
      122 words
    • 124 10 RICH parents can afford to give their children an edge in education. They have the money to send their children to more prestigious schools. Children from poor and middle class families end up in neighbourhood schools. The situation has to be corrected so that students can
      124 words
  • REGIONAL VIEWPOINTS
    • 162 10 IT IS high time employers wean their dependence on cheap, illegal labour and make more efforts to tap labour from the local pool of unemployed. The people cannot buy the excuse anymore that locals shun blue-collar jobs. How can Malaysians have confidence in their employers whose
      162 words
    • 166 10 CHINA IS being asked to make its intentions clear on the building of a second nuclear power plant at I)aya Bay, following a surprise statement on Monday from the French company construction project that it had been asked to submit a tender by mainland authorities. On Tuesday, attempts
      166 words
    • 194 10 UNLIKE THE manufacture of goods, production of software movies, for example is a field in which Japanese companies don't necessarily have an edge. What counts here is the creativity of individuals. It may be easy to buy a company but not to keep a creative
      194 words
  • 910 10  -  China is being fragmented by conflicting regional interests, reports Kathy Wilhelm. And officials with opposing ideological positions are struggling for personal power and control of China's future Kathy Wilhelm AP ZHANG Yueliang set out from Qufu in north-eastern China with five tons of fresh grapes in
    AP  -  910 words
  • Page 10 Advertisements
    • 167 10 BS s J LOIN I Chilled, fatless A lamb loin direct i from New Zealand Jack's Place. t\ U.S. TENDERLOIN LAMB LOIN N Z. RIBEYE STEAK LAMB LOIN SOUp O Y» dessert, coffee 3 Place or tea. Jalsl\g 1 805 BukitTimah Road, #01-03 Sixth Ave Centre Tel: *****38/*****16 2 435
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  • Page 10 Miscellaneous
    • 68 10 DOONESBURY BY GARRY TRUDEAU WELL, THAT WAfj HOi*J STEPPING OUTOF CHARACTER, THE MOST AMAJ- FOPTABLE BUSH LCOKEP HE MUST HAVE BEEN TRYING SO'REAP A CKI FOR ING PERFORM- BUT WE THE'BBCOMMI6N* ITWASCOM- TO GET CAUGHT' HE My UPS" HELP IT'S SO ANCE I'VE SHOULD L PIETELI UNNATURAL FOR HIM WANTED
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  • ANALYSIS
    • 898 11 The economic cost to South Africa's blacks was always high, and these days the obstacle to change is not the whites The Economist FOR an exceptional moment. South Africa was full of hope. From the day Nelson Mandela walked free in February
      The Economist  -  898 words
    • 1131 11  -  Against the backdrop of growing economic problems, Australia's immigration debate has moved from the days of emotional outbursts to a more serious, open discussion. Florence Chong, BT's Sydney correspondent, reports Florence Chong, UNDER the current Labor government, Australia has opened its doors to
      1,131 words
  • Page 11 Advertisements
    • 43 11 Only Fiimair would fly round in circles to London Every Tuesday and Friday from Singapore to Helsinki via The Great Circle Route and on to London. Get round to calling us today. The number s *****77. We know Europe from start to Finnish.
      43 words

  • FOCUS
    • 930 12  -  Barry James examines the priee the world's trading nations will pay if there is no deal at the Brussels trade talks Barry James IHT WHY SHOULD the man in the street worry about the outcome of the Uruguay Round world trade talks now taking
      IHT; Reuter picture  -  930 words
    • 553 12 AP HERE is a review of what various countries and regions are hoping to accomplish at the General Agreement on Tariffs and Trade negotiations in Brussels: North America The US seeks a 75 per cent reduction in internal price supports and market barriers and
      AP  -  553 words
  • Page 12 Advertisements
    • 219 12 What's Old, What's New? new to gwmmmmr-** The Urban Redevelopment Authority Q a d enterprises with a variety of acti- ■mmmJBBI <ss I (URA), on behalf of the State, is Ne vities to bring back the hustle and offering 26 units of restored shophouses for bustle of life in old
      219 words

  • 1054 13 City Fight ETA Flight ETD CHy Flight ETA Fight ETD Afca DkaM GA894 SRI 87 GA890 GA970 0010 0135 2225 2335 SQ105 SQ107 SQ109 MH646 MH607 SQ 111 1050 1305 1405 1525 1550 1705 SQ106 SQ108 MH641 SQ110 SQ112 MH631 1045 1145 1315 1445 1545 1620
    1,054 words
  • THE TRAVEL PAGE
    • 816 13  -  LETTER FROM MALIBU By Larry Rohter IN HIS heyday in the *****, American oil billionaire J Paul Getty liked nothing better than to retreat to his 26-hect-are citrus ranch in the Santa Monica Mountains overlooking Los Angeles and the Pacific Ocean to contemplate the landscape
      816 words
    • 150 13 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3180 1.338 Canadian dollar 1.4670 1.4870 NZ dollar 1.030 1.0700 Sterling pound 3.3050 3.3250 US dollar 1.7180 1.7280 Ixxal dollar* to 100 units of foreign currency Austrian schilling 16.00 17.00
      150 words
    • 291 13 Duration Title Venue OipaiMT Tej Duration Title Venue O'P 1 1 e Ian 11-14 International Nord- Salon Feb 28- International Stuttgart, Stuttgarter Messe *****2589-0 1991 Household Vitlepinte International March 3 Trade Fair for Germany Und Kongrcss Appliances Trade Exhibition Professional Blinds and Sun Show Centre des Arts
      291 words
  • Page 13 Advertisements
    • 48 13 A BUSINESS AND TAX PROFILE jg~l A tommmt TnPniliit This booklet outlines the fiscal and commercial environment which has led to the development of Singapore as a newly industrialised country and as major financial centre in Asia. Distinctively Singaporean Worldwide in scope. $6.(10 I.'Ml Times The Bookshop T
      48 words
    • 40 13 H SHOE ACCESSORIES BALLY BOUTIQUE in SINGAPORE #***** Shaw Centre/Raffles City/Royal Holiday tnn Crowne Pta2a. Authorised dealers DFS Tanghn Road/Claymore Poinf/Meridien Hotel. Isetao, Havelock Road/Parkway Parade/Wisma Atria Daimoru, Liang Court Scotts Wertnouer, Changi Terminal 2; Studio Accessories Hyatt Hotel/Sogo Paragon
      40 words
  • Page 13 Miscellaneous
    • 265 13 10 A beast returning phone--12 The good man receiving very little a sucker M H 13 A Greek character some Anger Hf "IB UK 17 Dull colour can be both 22 I 1 I 1 I I I unwise (4-5) jHV JU jj^ 25 A note about the leading 26
      265 words
    • 209 13 Singapore Outlook: Cloudy with intermittent rain, heavy at times. Forecast: Maximum temperature 26.0"C Assoc humidity 93% Minimum temperature 23.7* C Assoc humidity (00% Hours of sunshine 0.00 Rainfall in mm 21.7 Rainfall this month 23.4 Rainy days this month 2 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 28/13 Fair Bangkok 28/18
      209 words
    • 21 13 (rn lacking I^OTTVATOM■..) C v (DONT- BOTH€g) g. /c?J (\'(V\ HO"T U>OKtC(MC3 TODPvY. J c EVENMO BTAMOAWO CO LTD IW2-IWO 83,9
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  • Page 14 Advertisements
    • 206 14 THE PROMENADE UNQUESTIONABLY W v For a wishful few, life's luxuries begin with an experience with some of life's basic necessities. Like a teddy bear. And come this Christmas, shoppers of The Promenade will cherish a remarkable gift. Because, with every Christmas teddy bear purchased at The Promenade between December
      206 words

  • SPORTS
    • 522 15 AP DONOVAN "Razor" Ruddock was stiffed by Mike Tyson when the latter was heavyweight champion. On Saturday night, Ruddock will be rooting for Tyson when the former champion fights Alex Stewart because he hopes to meet Tyson next for a piece of the title. This, of
      AP  -  522 words
    • 176 15 AP BRITISH Open and US Masters champion Nick Faldo of Britain heads the international field for the US$B7O,OOO Johnnie Walker Golf Classic, which began yesterday at the Royal Melbourne course. Faldo finished well down the field in last week's Australian Open championship, but is expected
      AP  -  176 words
    • 476 15 AP A SWIMMER who has made claims of widespread doping methods in former East Germany said on Wednesday that the country was far ahead of other nations in the research and use of perfor-mance-enhancing drugs. Raik Hannemann, who has admitted taking anabolic steroids,
      AP  -  476 words
    • 185 15 AP ANDRE AGASSI has pulled out of the Grand Slam Cup because of a chest injury and could face the additional pain of a ban from some of next year's main events. Agassi's second withdrawal from the tournament represented the latest twist in a strange
      AP  -  185 words
    • SIDE LINES
      • 82 15 ENGLAND'S cricket team's injury problems continued to mount yesterday ahead of its World Series Cup one-day clash with New Zealand in Perth today. Acting captain Allan Lamb is receiving daily physiotherapy for a neck injury and is only a 50-50 chance to lead the side,
        82 words
      • 64 15 THE first American Racing Championship Series, a 10-race series for older horses, will begin on Feb 9 at Gulfstream Park with the US$5OO,OOO Donn Handicap and culminate on Sep 15 in the Woodward Stakes at Belmont Park. The series offers US$l.5 million in bonuses for horses earning
        64 words
      • 100 15 STEFAN EDBERG, the No 1-ranked tennis player in the world, said on Wednesday that his victories at Wimbledon have been his greatest joy. "Being the No 1 is a great satisfaction because it happens to a few players. It will be remembered forever. But it can't be
        100 words
      • 74 15 THREE of the world's top players have expressed their support for a new season-ending golf tournament that organisers are promoting as a world championship. Greg Norman, Nick Faldo and Curtis Strange all said they hope to qualify for the U552.55 million tournament, titled by its sponsors the
        74 words
  • Page 15 Advertisements
    • 118 15 pwj inends, family or business ■fJvnSßKmKft* M m 9 fcß '-TO J| associates a very special gift jj» 11 |fc||y Hamper. Make your gift Pr** mmH ■H selection from our wide WK it m Rj j| range of food, toiletries, Bf ml ■B| cosmetics and accessories, j T ':rt>: SMf
      118 words

  • Page 16 Advertisements
    • 278 16 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Some like it hot. Bp *M Bu hT'K *m§ i ,ki&'. L' Spii v S/echuan dishes served at lunch and dinner dailv in the tool. inviting atmosphere of S/et huan Court. Reservation, WO NSIOor
      278 words
    • 422 16 Smoking hot curry claypots spice up the poolside menu j Treasured recipes from our Singapore chefs r are used to highlight the poolside menu. Spicy and mouthwatering curries are offered daily k by the poolside on the fifth floor of Regency V Terrace from 11.00 am till 9.45 pm. All
      422 words
    • 264 16 DAILY 1 SPECIALITIES Mon Secrfood Poncoke (50% Discount) i Tim Spicy Beef on Hot Plate (50% Discount) Wed Steamed Bkxk Garoupa ($5 per lOOg) i 1 Thu Seafood Combination (50% Discount) jj Fri Stuffed River Prawns ($5 per no) Sat Peking Duck (S4operno) J I I S«n Superior Shark's Fin
      264 words
    • 291 16 J PERFORMEDDAILYAT A THE PINE COURT AYJLj. Amidst Imperial splendour, our chefs stage their highly-acclaimed performance Zyt f of legendary Belong cuisine to the satis[tjMi I faction of demanding dlners.To guarantee V your place amongst the discerning, make f \t > our reservations early. KEHD f Lunch 12pm to 2.30pm
      291 words
  • Page 16 Miscellaneous
    • 792 16 TELEVISION AND RADIO fVIO nocf SBCI2 wSKW I BUSINESS OH RADIO J3d.LIV lU Lllv Udbl 7.25 PM Tt» Tkufvljy W« the too jjj* 4ta,) BBC, M.9 kHz id VHF Band II A Final Battles (last cp). hotding up a store (Stereo). 030 Islam and Sedety. 7.10 am, 9.25 am, 1.30pm,
      792 words

  • LIFESTYLE
    • 614 17 John Battenfeld talks about a Korean pickle so strong that one bite can clear up your sinuses WHAT'S red and spicy, lingers in elevators, and owes its origins to Manchurian winters and Christopher Columbus? It's kimchi, Korea's distinctive fermented side-dish the garlicky, peppery, Chinese cabbage, sharp spicy
      614 words
    • 450 17 The growing yen for a luxurious head of hair is adding up to the ringing of cash registers for Japanese wig makers NYT Demand for women's wigs is growing at a rapid rate in Japan, reflecting the affluent lifestyle and the advancement of women in
      NYT  -  450 words
    • 281 17 CHATTERBOX MADONNA, a master at making videos that generate almost as much controversy as they do sales, wants to know why violence is acceptable for television and steamy sex scenes are not. Madonna appeared on ABC-TV's Night line early on Tuesday, just after
      281 words
  • Page 17 Advertisements
    • 230 17 AND ENTERTAIN High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. ANA HOTEL 16 NASSIM HILL. SINGAPORE 1025. TEL: 7i2 1122. SINCAPORE r .J: In the delicate flavours #Hr Am,
      230 words
    • 227 17 NOTICES IN THE MATTER Of THE COMPANIES ACT. CHAPTER SO, AND IN THE MATTER OF TURTLE BAY SHIPPING PTE LTD (In M*mb«ra' Voluntary Liquidation) FINAL MEETINO NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the FINAL MEETING of the Members of the abovenamed
      227 words
    • 231 17 M THE MATTER OF THE COMPANIES ACT, CHAPTER SO, AND IN THE MATTER OF NAVALES SHIP MANAGEMENT MARINE CONSULTING PTE LTD (In M«fnb*re' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act Chapter 50, that the FINAL MEETING of the Members of the
      231 words
    • 215 17 IN THE MATTER OF THE COMPANIES UT, CAP. 58 Pursuant to Section 290<2Mhl SVENSON HAIR CENTER PTE I.TI) tin Members' \oluntar> winding-up! At an Extraordinary General Meeting ot the abovenamed Company duly convened and held at 360 Orchard Road #12-05 International Building Singapore 0923 on Friday 30 November 1990 at
      215 words
    • 210 17 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 Pursuant to Section 290(2)(b) BELLA FACIAL CARE CENTER PTE LTD (In Members voluntary winding-up) At an Extraordinary General Veetmg of the abovenamed Company duly convened and held at 360 Orchard Road *1205 International Building Singapore 0923 on Friday 30 November '990
      210 words
    • 228 17 With Snake Soups, Crispy Padi Birds, Airflown "Live" Giant Scallops, Gtoduck Clams, Braised Eels, Steamed "Live" Frogs and many more. Only at CHINA CHINA RESTAURANT From now till end January 1991 m: i CHINA CHINA RESTAURANT MARINA BAY GOLF COUNTRY CLUB 6 MARINA GREEN SINGAPORE 0101. FOR RESERVATIONS PLEASE CALL
      228 words

  • STOCK EXCHANGE OF SINGAPORE 1
    • 4037 18  -  By Diana Oon POSITIVE NEWS from the international front buoyed sentiment on the Singapore market yesterday. The Iraqi acceptance of US President George Bush's proposal for settlement talks was also a positive influence on world stock markets. Crude oil futures on the New York exchange
      4,037 words

  • 3978 19 Main Board SI A Foreign 1240 >40 +3 3% OUE 560 +35 +6.7% SIA 200 1040 30 3 0% Keppel Corpn 525 +-29 +5.8% Semb Shipyard 442 +28 +6.8% OCBC 740 25 3 5% Centrepoint 50* 203 23 +12.8% Metro Hldgs 430 +22 +5 4%
    3,978 words

  • BT SHARE INFORMATION SERVICE
    • 373 20 Company Rights Issue Mcom One tor two fri MSI 00 pet share Issue ol 40m Cumulative Redeemable Preference Shares ol MJO 10 each at MS 1 per share with 10m detachable TSR BoKon Onelot tour ft MJ2 00 per share FAC8 Capital Reduction Scheme to reduce par value
      373 words
    • 182 20 Company Date Year Group Not Not earnings Gross ann to profit/loss (L) per sharo dividend (000) (cents) Ium Chang Dec 5 Jun 90 $6,806(18.501) 4 0(5 6a) 3(5 5a) Chuan Hup Dec 4 lun 90 $8.064($9.092) 5 2(59) 2IE(-) Eu Yan Sang Dec 4 lun 90 J342MJ1.484) 7
      182 words
    • 97 20 Company Date Year Croup pro-tax Not earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) CAC Btntang Dec 4 Sep 90 M$41,873($18,407) 25.0(109a) 15(69a) Renong Bhd Dec 3 lun 90 M$1,556($421L) 0 1(—) Times Pub No* 23 Aug 90 $45,408(537.328) 23.0(19 3) 10(9.9) fcwan Oxygen Nov
      97 words
    • 585 20 Current Ei Books Date Total for Total for payment date dose payable the year last year AJS8 10% (b) Ian 4 Ian 18 Ian ?8 10% 12% AMFP NYA Dec 14 Ian 3 Feb 15 NYA 28% Am* Sled 1261(b) Nov 29 Dec 13 Ian 21 126% 8%TE
      585 words
    • 694 20 BONDS, LOANS WARRANTS Company Conversion period Conversion term lor one ordinary share C&C 5 Before 26/4/93 1 warrant plus $3 09 cash Causeway Lorn Cauuway Nl 2/10/89 to 20/10/94 1 warrant plus $1 cash or I warrant plus $1 nominal amount of loan stock. Chuan tt*> Notts Chan ft? III
      694 words
    • 238 20 Company Date Half-year Group pre-tax Interim ann to profit/low (L) dividend t'OOO) Mun Loong Nov 30 Sep 90 MJ5.263 ($3,372) The H Glass Nov 30 Sep 90 $4,928($4.231) CK Tang Nov 29 Sep 90 $2,858($3,100) 3(3) IMC Hldgs Nov 29 Sep 90 HK$88.416($238,923) 16(16) I Cement Nov 29
      238 words
    • 362 20 Dec 5 Cycle t Carriage Bintang entered into two separate conditional sale and purchase agreements with Automobiles Peugeot, Asia Motor Company (KL) and Asia Motor Company to buy 2 8m shares in Asia Automobile Industries, or a 63.6% stake. biter-Pacific group, including Beriaya Corp and Sports Toto Malaysia,
      362 words
    • 900 20 Singapore Stocks Last Full Year Company Period Dale Tear Net EPS Gross Net arrarced enrfrif (cenh) 4* pro* last year (J'000) Leonf Huat Interim Mar 30 Dec 89 5351(h) Spore Land Final No* 3 Aug 90 6.4(a) 7.5(a) 15,842 CUB Packapif Interim No* 13 Oec 90 297 13.2
      900 words
    • 291 20 Company Rights Issue Cauuway ki» Three tor tour ft JO 60 pet share Ex<iate Dec 10 Books dose Dec 20 Acceptance Payment NYA CMA Five-tor-four ft MS4 00 per share Ex-date Nov 23 Books dose Dec 7 Acceptance Payment: NYA Emtca One for one ft MSI 00 per
      291 words
    • 160 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 hrifh: 1435 43 (16/7/90) I 99 1607 12 <27/3/90) 1990 km: 981 07 (09/11/90) I*® tar 1079 50 <H/l°/90) 1919 N0t 1322 00 (28/12/89) 1989 *****6 <2e/12/89) 1989 tow: 917.42 (4/1/85) 1» tar 103°.e9 (4/1/89) 1981 N0t 1043 86 (8/8/88)
      160 words
    • 345 20 Emtex Corporation Bhd: 25th AGM at No. 21 23, Jalan Hussein (Ground Floor), ***** Ipoh, Perak Darul Ridzuan on Friday, Dec 7, at 10am. CI Hokfc** Bhd: 12th AGM at the Raya Room, Mezzanine Floor, Hotel Equatorial, Jalan Sultan Ismail, ***** Kuala Lumpur on Saturday, Dec 8, at
      345 words
  • Page 20 Advertisements
    • 498 20 EAST LONDON BUSINESS SCHOOL Polytechnic of East London MBA THE EAST LONDON BUSINESS SCHOOL OF THE PROGRAMME STRUCTURE POLYTECHNIC OF EAST LONDON in conjunction with the 1716 MBA Wlll Q Q n ncuci aducut iwqtitiitc op qinpaporf commenang January 1991, and Year 2 January 1992 In addition. MANAGEMENT DEVELOPMENT INSTITUTE
      498 words

  • KUALA LUMPUR STOCK EXCHANGE
    • 4020 21 Bernama SHARE PRICES in Kuala Lumpur finished higher yesterday on optimism over a peaceful resolution of the Gulf crisis, but closed off the day's highs following late profit-taking. The KLSE Composite Index ended at 490.58, up 10.55 points over Wednesday's close, while
      Bernama  -  4,020 words
  • Page 21 Advertisements
    • 550 21 H Allied Irish Banks pic ML] (Incorporated in the Republic of Ireland with Limited Liability) Exchange Rate: IRC 1 US$l.5B as at 31st March, 1990. Consolidated Balance Sheet Consolidated Profit Loss 31st March, 1990 Account for year ended 31st March, 1990 1990 1W 1990 1989 IR£ IR£(XV IREOOO IRCOOO Group
      550 words

  • STOCK EXCHANGE OF HONGKONG
    • 2106 22 Reuter HONGKONG share prices yesterday ended at their highest level since August 16, in a confident market buoyed by renewed hopes for a peaceful settlement, dealers said. The market has hit a new plateau since the invasion of Kuwait, when
      Reuter  -  2,106 words
  • Page 22 Advertisements

  • TOKYO STOCK EXCHANGE
    • 2187 23 Reuter TOKYO stocks closed higher yesterday on hopes over a quick, peaceful solution to the Mideast crisis. Turnover was relatively moderate. There was buying interest in insurance and pharmaceutical issues, while many stocks believed to be targeted by speculator groups continued to decline.
      Reuter  -  2,187 words
  • Page 23 Advertisements
    • 477 23 NOTICES THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Companies Winding-up No 58 of 1988 <*>o ,n ,h matter o» The Companies in Act (Chapter 50) 1 And In the matter of 7 A ITALBUILDING PTE LTD NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that a Final General Meeting
      477 words
    • 424 23 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF EDUCATIONAL PUBLISHING SERVICES PTE LTD. (MEMBERS VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the abovenamed company duly convened and held at the registered office. 2 Finlayson Green *09-05 Asia Insurance Building. Singapore 0104. on 1
      424 words
    • 297 23 IN THE MATTERS OF THE COMPANIES ACT(CHAPTER 50) AND IN THE MATTER OF BBC BOOK CENTRE PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that pursuant to Subsection (1) of Section 290 of the Companies Act (Chapter 50)
      297 words
    • 295 23 IN THE MATTERS OF THE COMPANIES ACT (CHAPTER 50) AND IN THE MATTER OF DUNES PTE LTD (Incorporated in the Republic of Singapore) (In Voluntary Liquidation) NOTICE OF MEMBERS' VOLUNTARY WINDING-UP NOTICE IS HEREBY GIVEN that pursuant to Subsection (1) of Section 290 of the Companies Act (Chapter 50) an
      295 words
    • 286 23 IN THE M ATTER OF TIIE COMPANIES ACT, CAR 50 AND IN TIIE MATTER OF WAN lON TRADING COMPANY (PRIVATE) Li MIT ED (In Member*' Vduntary liquidation) NOTICE OF SPECIAL RESOLUTION [Pursuant to Section 290 (2) 0>)1 At an Extraordinary General meeting of the company held at 460 North Bndge
      286 words
    • 327 23 IN THE MATTER OP THE COMPANIES ACT, CAP. 59 AND IN THE MATTER OF BMP MEINIIARDT PTE LTD (In Members' Voluntary liquidation) Spec ial Resolutions At an Extraordinary General Meeting of the members of BMP MEINHARDT PTE LTD duly convened and held at Blk. 162, Bukit Merah Central, I =04-3555,
      327 words
    • 311 23 IN THE MATTER OF THE COMPANIES ACT, CAT. it AND IN THE MATTER OF MERAPI PRIVATE LIMITED (In Members' Voluntary liquidation) Sperlal Resolutions At an Extraordinary General Meeting of the members of MERAPI PRIVATE LIMITED duly convened and held at 315 Outram Road. *06-03 Tan Boon Liat Building, Singapore 0316
      311 words
    • 311 23 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 NOTICE OF RESOLUTIONS KIAN HIN HANG (PRIVATE) LIMITED (In Creditors' Voluntary Winding-up) At an Extra-ordinary General Meeting of the above Company duly convened and held at 4158 Jalan Besar, Singapore 0820 on the 30th day of November 1990 at 11 00
      311 words
    • 343 23 THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times Read CHARTPOINT, a guide to investing in the stock market. Every Saturday in BT. S N IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND BELLA FACIAL CARE CENTER PTE LTD (Members' voluntary winding-up) NOTICE IS HEREBY GIVEN
      343 words
    • 481 23 IN THE MATTER OF THE COMPANIES ACT, CAP 50 AND IN THE MATTER OF SEACOLD INDUSTRIES PTE LTD Notice of Resolutions for Members Voluntarily Winding-Up (Pursuant to Section 290) At an Extraordinary General Meet ing of the Members of SeacoM Industries Re Ltd duly convened and held at No 12
      481 words

  • REGIONAL STOCK MARKETS
    • Australian stocks close a shade firmer
      • 93 24 INDICES TURNOVER Clow Dec 6 Proiom SYDNEY All Ordinaries Index All Industrials Index All Resources Index Turnover (million) 1,323 3 1.4*4 802.2 130 87 1.322.0 1.441.1 803 7 66 58 +0.2 4.3 -2.6 64.29 BANGKOK SET Index Turnover (million) 607.15 2.000.0 581.98 1,500.0 25.17 500 JAKARTA Composite Index Turnover (nearest
        93 words
      • 979 24 AUSTRALIAN shares ended marginally firmer yesterday despite news of the completion of the Westpac Banking Corp share sale. Ord Minnett completed the placement of 75.5 million shares in Westpac Banking Corp Ltd at A 53.80 a share. Ord Minnett, a wholly owned Westpac subsidiary, had been instructed to place
        979 words
      • 719 24 THAI stocks moved sharply higher yesterday following an overnight rally on Wall Street sparked by hopes that Iraq and the United States were moving towards a peaceful solution of the Cult crisis, brokers said. The SET Index gained 25.17 points to end at 607.15 in two billion baht turnover.
        719 words
      • 516 24 PHILIPPINE shares closed most|y higher yesterday after an early selloff in reaction to a rise in oil product prices. Brokers said anticipation of a possible trimming of the rises for some key products helped the market rebound. The energy board raised prices of fuel products by an average 45
        516 words
      • 746 24 3 68 Jakarta 39 Kupiah VoRXK)) Abda 2550 50 10 Ahap Insurance 2000 Alumindo Perkasa Utama 6600 unch 50 Aqua Golden Missisipi 9550 Aster Jawa 2700 Astra Graphia 8750 > Astra Infl Inc ***** -1-150 345 Asuransi Bintang Ind 7950 Asuransi Dayin Mitra 6000 7? Asuransi Jiwa Panin ***** 7,
        746 words
      • 436 24 TAIWAN stock prices ended sharply lower yesterday after a day of extremely volatile trading that saw the index swing over more than 500 points and turnover shoot up to its highest level since June 6, dealers said. The weighted index ended 245.26 points, or 4.9 per cent, lower at
        436 words
      • 888 24 SEOUL stocks fell yesterday afternoon in very active trade as institutions sold to take profits in an atmosphere of overall improved sentiment, brokers said. The index shed 1.02 points to close at 717.82, with 406 billion won traded against 317.6 billion on Wednesday. Overall rises still led falls 490
        888 words
      • 360 24 In local a irrency In S$ la US$ day year day year day yew DEC 4 Index change change change change change change World 353.1 0.9 -24.1 0.3 -27.3 0.5 -19.6 *EAFE 461.3 I.I -32.3 0.7 -32.7 0.9 -25.6 Europe 375.0 0.6 -16.8 0.5 -12.8
        360 words
  • Page 24 Advertisements
    • 26 24 The Wellington and Jakarta markets reports were not available Closing prices for all markets except Taipei are provided by Telerate. Innovation Technology in BT on Tuesday
      26 words

  • WORLD STOCK MARKETS
    • Falling oil prices give Dow a 30-point-lift
      • Article, Illustration
        1139 25 A SHARP drop in oil prices bolstered Wall Street's strength on Wednesday as the Dow Jones index of 30 leading industrials pushed past the 2,600 mark, closing up 30.69 points, or 1.19 per cent at 2,610.39 points. Trading was very active for the market's fourth straight day of
        1,139 words
      • Article, Illustration
        798 25 UK SHARE prices rose at yesterday's midsession after an Iraqi news agency report that Iraqi president Saddam Hussein would free all hostages in Iraq and Kuwait. "This was a real bolt from the blue," said one trader. "The market had looked fairly buoyant anyway, but the hostage news really
        798 words
      • 169 25 FRENCH share prices rose sharply at yesterday's midsession after Iraqi leader Saddam Hussein said all foreign hostages detained in Kuwait and Iraq will be freed, raising expectations that the Gulf crisis will be resolved without war. The CAC-40 blue chip index, which was up about 21 points at 1144
        169 words
      • 108 25 SHARE prices on the Stockholm bourse firmed broadly in early trade yesterday, boosted by renewed hopes of a peaceful ending to the Gulf crisis after news that Iraq had accepted a US proposal to top-level talks, dealers said. They said falling oil prices on world markets triggering advances overseas
        108 words
      • 325 25 GERMAN shares surged 1.9 per cent as Iraq took up US President George Bush's offer for talks on a peaceful resolution of the Gulf crisis and oil prices sank. Dealers said prices rose in fairly brisk trade, with both domestic and foreign investors picking up Grcman stocks. The 30-sharc
        325 words
      • 167 25 NEWS the lower house of parliament approved a key bourse reform bill combined with hopes of a peaceful settlement to the Gulf crisis to give Italian stocks a boost in early trading, brokers said. But brokers said the market, which was also drew support from rises on other European
        167 words
      • 363 25 JOHANNESBURG stock market was holding firmly on to its recent strong gains yesterday morning, but trading was quiet amid fears of a downward correction to the sharp price gains of the past three days, dealers said. The JSE industrial index firmed slightly to 2934 from Wednesday strong 2930 close
        363 words
      • 249 25 DUTCH share prices yesterday jumped in an immediate reaction to news that Iraqi President Saddam Hussein said all foreigners in Iraq and Kuwait would be released. Immediately after the news, the CBS general tendency index had risen 1.8 points to 98.1, but slipped to 97.9 at 1210 GMT. Before
        249 words
      • 237 25 TORONTO stocks surged in late trad*, on Wednesday after Iraq agreed to holJ talks with the US to find a solution to the Gulf crisis, dealers said. "I think this time the feeling is this rumour u true for once," one trader said. Oil futures fell over US$3 on
        237 words
      • 291 25 Reuter SWISS shares traded sharply firmer in moderate business at yesterday's midsession, boosted by Iraq's acceptance of US President George Bush's proposal for top-level talks on the Gulf crisis, dealers said. In addition, dealers expected the market to jump again in afternoon trade on Iraqi President Saddam Hus sein's
        Reuter  -  291 words
      • 117 25 Brussels Dec 5 Francs FORWARD MARKET Accc 2300 +35 Aitxrd.— 3050 +15 Astur 1030 +40 Brascan Canpac Cock 140 1 De Beers Ebes 4500 +25 Gb-Inno-Bm 1080 -20 Cievaert 6450 -130 Gr Bru Lamb 3500 45 Hobok Petro ***** 50 Ryl Dutch 2435 +3C» Si'dro 1620 -50 SocGenBdg 1925 +35
        117 words
      • 91 25 INDICES TURNOVER NEW YORK Clow Previous (X-c 5 IX>w Jones NYSE Financial S&l' 500 Turnover (million) 2.610 39 2.579.70 69 124.53 118 39 +4.11 329.92 326.35 f3 54 206 185 8 +20.2 LONDON Financial Times 30 FTSE 100 Turnover (million) 1.689.6 1.681.61 2.152.6 2.146 32 520.9 473.4 ♦-8.0 +6 3
        91 words
  • Page 25 Advertisements

  • CURRENCY, MONEY & FUTURES MARKETS
    • 1229 26 REPORTS i HE US DOLLAR fell against most najor foreign currencies yesterday in •arly European trading. Traders prelicted the dollar would remain weak in jhe absence of any conflict in the Gulf. "The down trend has not been broken," said David Deakin,
      1,229 words
    • 389 26 Cross rates Dec 6 USS SS MS Dm Yen SFr AS NZS uss 1.7200 2.7005 1.4960 134.00 0.5187 1.2780 1.3004 1.6447 SS 0.5814 1.5701 0.8698 H 0.3016 0.7430 0.7560 0.9562 MS 0.3703 63.69 0.5540 0.4962 0.1921 0.4732 0.4815 0.6090 [>m 0.6684 1.1497 1.8051 89.57 0.3467 E .8543
      389 words
    • 563 26 interbank rates SS Bid Offer Overnight 4 3/8 4 1/2 I month 5 5/16 5 7/16 1 month 5 7/16 5 9/16 V month 5 9/16 5 11/16 Overnight mode: 4-7/8 I'SS Bid Offer 7 ilays 7 9/16 7 11/16 1 month 8 5/16 8 7/16 2 months
      563 words
    • 254 26 About-face from Thatcher's stand on monetary union Reuter BRITAIN'S new Prime Minister John Major will drop the dismissive tone adopted by his predecessor Margaret Thatcher on European monetary union at an EC summit next week, a senior government official said. But he said
      Reuter  -  254 words
    • 336 26 AFP BRITAIN'S new Chancellor of the Exchequer, Mr Norman Lamont, pledged on Wednesday to do everything necessary to keep sterling within its permitted fluctuation range within the European Monetary System (EMS). He said there is no need at present for a revaluation
      AFP  -  336 words
    • 1228 26 SIMEX EURODOLLAR Open High Low Sett Est Vol Op/lnt Vol Dcc 90 91.99 9101 91.99 92.00 iloo ***** 2917 Mar 91 92.48 92.50 92.48 92.49 3500 ***** ***** Jun 91 92.59 92.60 92.59 92.59 1040 8644 2684 Sep 91 92.51 92.51 92.50 92.50 290 2384 665 Dcc 91
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  • COMMODITIES
    • 351 27 Reuter MALAYSIA will be a member of the International Cocoa Organisation (ICCO) by the early part of next year, according to the deputy di-rector-general of the Malaysian Cocoa Board (MCB). "The motion to join the ICCO is being tabled in the Malaysian
      Reuter  -  351 words
    • 348 27 Reuter LONDON'S gold market, the world's premier centre for precious metals trading, could face a critical test of strength if war breaks out in the Gulf. Bullion analysts believe the market is already undergoing deep structural changes, marked
      Reuter  -  348 words
    • 810 27 REPORTS HONGKONG: Late local and overseas short-covering pushed gold to end near its day high but dealers said trade was quiet, lacking fresh news. "The market is news-driv-en and traders kept away," Samuel Poon at Sun Hung Kai Bullion Ltd said. Bullion
      810 words
  • 1394 27 Rubber Dec6 HAS (fc> b >■!««) Scents/kg Noon Close Int I RSS Prompt 152.25/153.25N 152.75/153.75 Int 1 RSS Jan 91 151.50/152.00 152.00/152.50N Int 1 RSS Feb 151.75/152.25 152.25/152.75N Int 2 RSS OP 147.50/149.SON 147.50/149.50N Int 3 RSS OP 142.50/144 SON 142.50/144 SON Int 4 RSS OP I38.5Q/I40.50N 138.50/140 50N
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  • Page 27 Advertisements
    • 7 27 Executive Jobs every Saturday in Business Times
      7 words
    • 874 27 NOTICES APONIA INVESTMENTS PTE LTD LOSS OF SHARE CERTIFICATES The fouow-g original snare certificates riave been reporteo lost or Oestroyeo Certificate No InthaNamaot No of Shares 4 Yap Beog Soon 5.000 5 Tan Bee lay 5,000 NOTICE ISHERf BY GIVEN that if within fourteen (14) days from Oate of publication
      874 words
    • 616 27 THE COMPANIES ACT, CAP. M SOON FLONG PRINTING CO (PTE) LTD (In Members' Voluntary Hlnding-lp) At an Extraordinary General Meeting of the Company held at 1 Colombo Court, #08-11, Singapore 0617 on 30th Nov., 1990 the following Special Resolutions were passed:1) That the Company be wound-up voluntarily pursuant to Section
      616 words

  • 612 28  -  Some sectors mav sulVer due to US recession By Lilian Ang OIL companies in Singapore are viewing business prospects next year with "guarded optimism". The outlook for refining operations remains healthy, riding on the back of continued strong regional demand for capacity. Other
    612 words
  • 327 28  -  By Claire Leow SINGAPORE ranks high in a survey of the most liveable cities in the world. Carried out by the Wash-ington-based Population Crisis Committee over a two-year period, the survey is a study of the living standards of metropolitan areas
    327 words
  • 229 28 Reuter THE CHINESE government has approved a new Bill maintaining preferential treatment in taxation of for-eign-funded firms, the China Daily reported yesterday. The proposed law, which comes as Chinese leaders say they arc determined to pursue economic liberalisation, guarantees joint ventures
    Reuter  -  229 words
  • 266 28 Agencies THE PHILIPPINE armed forces went on alert yesterday as the government raised domestic oil prices for the second time in two days, fuelling fears of unrest. Yesterday's revision meant pump prices were an average of 53.79 per cent higher
    Agencies  -  266 words
  • Article, Illustration
    261 28 AFP TUNKU Abdul Rahman, Malaysia's first prime minister, died at the General Hospital in Kuala Lumpur last night. He was 87. The announcement of his death was made by the Chief Secretary to the Government, Tan Sri Ahmad Sarji Abdul Hamid, in a statement issued at the hospital.
    AFP  -  261 words
  • 257 28 Reuter HIGHER interest rates and an economic slowdown may result in smaller tax revenues in the fiscal year starting next April, and could blunt Japan's efforts to balance its budget, government officials said yesterday. "We will try to cut expenditure for fiscal
    Reuter  -  257 words
  • 494 28  -  From Yong Pow Ang in BRUSSELS SINGAPORE seeks to be a hub city for the region and the world in a growing interdependent global economy, Brigadier-General (Res) Lee Hsicn Loong has told business leaders of the Benelux countries. Addressing a
    494 words
  • 260 28 AS EXPECTED, another two of the Big Pour local banks have lowered their prime lending rates following the trend set by DBS Bank a week ago, on Nov 28. OUB and OCBC announced yesterday that they were cutting the interest rates charged to their best
    260 words
  • Page 28 Advertisements

  • Shipping Times
    • 388 29  -  By Rahita Elias LOCAL construction company Koon Construction has been awarded a $2.7 million contract to build a container stacking yard at Keppel Terminal. Work on the project will start in March next year and is scheduled for completion at the end of the
      388 words
    • 307 29 THE EXCHANGING of business information over a computerised communication network will give rise to computer crimes if security features are not installed, an international maritime fraud seminar was told yesterday. Computerisation in the maritime industry, especially the introduction of electronic data
      307 words
    • 336 29  -  By Khaidir Abd Majid KONTENA NASIONAL (KN), the largest container haulier in Malaysia, hopes to get listed on the main board of the Kuala Lumpur Stock Exchange by the middle of next year. "Our board has recently agreed that the
      336 words
    • 284 29 AP A CONSUMER advocacy group asked Chrysler Corp to recall 500,000 cars and minivans equipped with a complex automatic transmission system, but the company has rejected the request. The Centre for Auto Safety said in a letter to Chrysler chairman Lee
      AP  -  284 words
    • 173 29 AFP A SERIES of strikes which could bring chaos to New Zealand's domestic air network later this month were still on, hut efforts to prevent them were under way. Maintenance engineers, baggage handlers and aircraft refuellers could stop some or all flights over seven days
      AFP  -  173 words
    • 319 29 FT NEW RULES on how takeoff and landing slots should be allocated at European Community airports were adopted in Brussels by the European Commission. The rules yet to be endorsed by member states are a key move in the battle
      FT  -  319 words
    • 376 29  -  By Selva Kumar FEEDER operator Regional Container Line (RCL) and Italian carrier Lloyd Triestino (LT) are planning to venture into a direct container service between Singapore and Australia, together with Japan's Nippon Yusen Kaisha's (NYK). Industry sources told BT that NYK, RCL
      376 words
    • NEWS SUMMARY
      • 72 29 AFTER the turmoil which accompanied the Iraqi invasion of Kuwait, by early November the tanker market had settled down nervously to the new conditions and trading patterns established by the absence of Iraqi and Kuwaiti crude and petroleum products. This article examines the
        72 words
      • 34 29 AIR TRAFFIC controllers at dozens of American airports are using radar systems like the one at JFK, which employs decades-old technology when guiding planes for takeoff. Back Page
        34 words
      • 38 29 BRITISH Telecom launched an attack on Wednesday on the local monopolies enjoyed by America's 'Baby Bell' telephone companies and on other restrictive barriers limiting foreign access to the US market Back Page
        38 words
      • 34 29 THE PORT of Rotterdam has gone on the offensive, threatening legal action against companies along the Rhine whose toxic waste flows down-river, finally settling in the harbour Back Page
        34 words
    • LOG BOOK
      • 46 30 THE PORT of Singapore Authority (FSA) will close the eastern quarantine and immigration anchorage from Dec 17 until further notice. A PSA statement said vessels requiring health and/or immigration clearance should make use of the western quarantine and immigration anchorage.
        46 words
      • 61 30 PWA CORP said its deal to sell eight Airbus 310 jets worth US$56B million to a subsidiary of Lavalin Industries Inc will go forward, despite a newspaper report that the subsidiary is having trouble reselling the planes. "Our agreement is solid with Lavalin," said Jack
        61 words
      • 72 30 MIDWAY Airlines Inc said its November passenger load factor rose three points to 58.6 per cent from 55.6 per cent a year earlier. Year to date, it said the load factor was 58.4 per cent, up 1.7 points from 56.7 per cent in 1989. Revenue passenger
        72 words
      • 74 30 JAPANESE telecommunications giant Nippon Telegraph and Telephone Corp (NTT) said it has developed the world's smallest and lightest mobile phone. A NTT spokesman said the phone allows continuous talk for about 45 minutes using standard batteries and weighs 230 grams. NTT will start renting the new
        74 words
      • 88 30 GERMAN electronics group Siemens AG has won a 50 million mark order from Poland's external trade group Elektrim to build a digital telephone network in Warsaw. T he order includes four switchboards with a total of 56,000 subscriber lines. Siemens and Poland's biggest telecommunications firm
        88 words
      • 37 30 JAPAN is considering buying a number of E-3 Airborne Warning and Control System (AWACS) aircraft with radar equipment enabling a 360-degree view of the horizon, an official at Japan's Defence Agency said.
        37 words
      • 78 30 PACED by strong demand for Honda's new model accord, sales of US-made cars surged sharply in November, more than doubling their share of the imported car market in Japan, automobile importers said. The Japan Automobile Importers Association said a total of 2,455 cars imported from the
        78 words
    • 1204 30 After the turmoil which accompanied the Iraqi invasion of Kuwait, by early November the tanker market had settled down nervously to the new conditions and trading patterns established by the absence of Iraqi and Kuwaiti crude and petroleum products. This article examines the impact of
      Lloyd's Shipping Economist  -  1,204 words
    • 586 30 Carbon tar Don [)cc} DcmityNatef Residue Ash Alunwum S«<Smeftt DensityWater Reskfae Ash Ahwinium Sedwwnt I %*m k/M f tion Emoo KG M*31 V/V \> M M 1 M M PPM method *G/M*3% V/V t M M M/M PPM method BO/Cmuc ftmrts Spec E25 9911 0 15
      586 words
    • 12532 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
      12,532 words
    • SHIPS IN PORT
      • 649 45 VmmI Voy No Berth Arrival Departve Vessel Voy No Berth Arrival Departue Kepoel Wharves Str Star 16E PIC 07 12/2359 10 12/2300 Ananas 900/ K34 alongside 08 12/2300 Son Amazon SWA6B P3W 0712/0800 0712/2300 Abyot ??WB K32 07 12/1200 1012/1900 Thanh Hoa 1 8 90 P1B 0712/0700
        649 words
      • 1298 45 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From J Al Ahmadiah 67 07/2200 2 06/1700 07/0659 07/0900 Amo Temasek ***** 09/1200 2 06/1700 07/0659 07/0900 4 07/1200 07/1459 07/1700 I Amoo *****N 08/0200 2 06/1700 07/0659 07/0900
        1,298 words
      • 339 45 Port Klang Berth at South Port on Dec 6: 1: Eu|ihoshi; 2 ml, 3 nil, 4 Cheung Hing; 5; ml; 6 Seng Leong, 7 Kin Line No 1; /A Builder KCT: 8: Perkasa, 9 Wan Hat. 10 ACX Jade North Port: II nil; 12: ml; 13: Bunga
        339 words
      • 764 45 CHARTERING on the dry cargo freight market was quiet on Wednesday but rates were still firming as a lump sum equivalent to U5515.04 basis heavy grain was paid on the key US Gulf to Europe grain route, brokers said. Also, a firmer IJSSII,OOO daily was paid on the
        764 words
    • 565 46 NYT AT JOHN F KENNEDY International Airport, Michael Rosado guides jumbo jets through the maze of taxiways and runways with practiced grace. But with 26 miles of taxiways, the journey from terminal to takeoff is often a long and winding one. Mounted on
      NYT  -  565 words
    • 307 46 FT BRITISH Telecom launched an attack on Wednesday on the local monopolies enjoyed by America's "Baby Bell" telephone companies and on other restrictive barriers limiting foreign access to the US market. At the same time. Lord Sharp, former chairman of Cable and Wireless, called
      FT  -  307 words
    • 451 46 Reuter AT THE western end of the world's largest port lies the world's largest dump of polluted river silt. Every year, the port of Rotterdam dredges 23 million cubic metres of mud from its deep-water channels to keep them open to the
      Reuter  -  451 words
  • Page 29 Advertisements
    • 137 29 SSWEE HENfi METAL CO PTE LTD 13. TUA3 AVE 14. SINGAPORE 226 A TEI£X R3 ***** 3MMCP«TEL: 061 5855 (SknM) telefax 661 2M6 Filing*of UHJACIMI ft>* I jlnw tarU(H kom 1 i II i F j >ono»J0 lonnaa Ifl H|L TcHfJ* srxuroar. mau*»«> W*T Con/mux IMAILANO, inookmm •OM 6 LPO
      137 words
    • 28 29 Container Schedule 17 Oatty Freights 17 Mo to Advertisers 3 Shaping Curie 10,11 Ships m Port 17 Singapore Tides 17 Veritas Report 2 Weather and Sea Conditions 17
      28 words

  • Page 30 Advertisements
    • 89 30 FOR SUCCESSFUL MANAGEMENT OF YOUR ~US,HISS, ,US,HISS 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 lor managers who want the competitive edge. Plus an occasional look
      89 words

  • Page 31 Advertisements
    • 2015 31 *mmrn JARDINE SHIPPING AGENCIES 200 Cantonment Road #1?05 Southpotnt. Singapore 0208 All If# th 221 am ielex no rs 241/9 If frmn TERMINAL/CFS Tel *****18 220 tK P *1 BOOKINGS Tel *****34 235 L IDOQGf J PESAKA JARDINE SHIPPING AGENCIES PORT KELANG TEL *****18 TELEX MA***** MA***** ■■MB PENANG TEL
      2,015 words
    • 1127 31 INDEX TjUDVERTISERS Pane Col P»ge Col T I Lloyd Trieslino 4 1/2 I Lucky Seaway 15 3 ABC Containerlinc 13 5 Lykes Lines 5 3 Accord Group 8 1-3 I U AFS 15 1 I Ahrenkiel Liner 16 3 Mac-Nels Agencies 14 1/2 Albatros Sea-Air 14 4 Macotine 18 2/3
      1,127 words
    • 2242 31 ■BMII LOADING TO HONG KONG JAPAN TREIN MAERSK V.9012 eta 10/12/90 Vessel Voy ETA I ETO 'Port 'Peneog DESTINATIONS I *1 M 9101 corvnectiog Singapore Kelang at HKG onto Miry M 901? TK« •eo* Mar it M 9102 F«ed«r by H2"J2!^IZZ3E3IIi3b^3SICIIZiM3HG!E2ni!!TIS3E^GI3E2ZiBBBB cy 11/12 0000 hrs m Ferco a CFS 10/12
      2,242 words

  • Page 32 Advertisements
    • 1238 32 ROTTERDAM/ VOY NO SPORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKYO BAY 02 550 9/12 27/12 29/12 31/12 HAMBURG EXPRESS 99/549 13/12 7/1 1/1 3/1 31/12 6/1 KURAMA 08/553 16/12 2/1 4/1 7/1 KOWLOON BAY 98/552 20/12 14" 8/1 10/1 7/1 13/1 DOLORES 01 '556 22/12 10/1 12/1
      1,238 words
    • 585 32 IfWff*! DIRECT SOUTH PACIFIC SERVICE SIN NOI' SUV PPT SKASPAC I 25-2H/I2 l«/l 12/1 17/1 ALSO ACCEPTING CARGO VIA SUVA TO LAUTOKA PAGO PAGO APIA NUKUALOAEA DIRECT CHILE SERVICE SIN IQQ ANF VAP SKASPAC I 25-2H/12 .10/1 31/1 3/2 Also accepting Cargo to Callao (Peru) via Valpa SINGAPORE: *****56 I
      585 words
    • 1511 32 E3 REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN ALG BCL HAM BRE ROT ANT FEL LHA (VIA (VIA (VIA ALC) 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 15/01
      1,511 words

  • Page 33 Advertisements
    • 1742 33 Steamers Maritime Holdings Ltd P&O ar II STRAITS SHIPPING j Singapore to Irani East Malaysia. WPv Containers Mjm Bwt> P Klang Spore S ton M'buff B'haven ft dam Lett ACCEPTS DUE SAILS TOKYO BAY 02 550 *KUR 03,12 1012 26,12 2812 30*12 CARGO ST™ 5 *«T?P U So! mo! W
      1,742 words
    • 1779 33 TO: EUROPE TO: FAR EAST SPOM MK MO HOB BU cp M ROM HAM B HVN fIJIE fix MANIIN HAMBURG 0031 Ift'U 11/12 14(12 17/U 20(12 HANI IN OAKLAND 01 IN M 2 »U 2/12 2112 *12 «U «.U Vt E £!u SiH 2!B 2g CMOYANG GlO«Y 002W lltfU 21
      1,779 words
    • 48 33 SENUM SHIPPING PTE LTD. 20-09, Tong Eng Bldg. 101 Catil St. Spor« 0106. T*i: *****12, *****13, *****36 JBMH Tatou RS ***** Fo* WEEKLY/REGULAR SERVICE TO EAST/WEST M'SIA HAMIOAH In Pt/5 DEC SIBU. KUCHING SENG LEONG 9/10 DEC KUCHING. SIBU SUTRA 9/10 DEC P. KELANG TRANSBULK 9/10 DEC PENANG
      48 words
    • 401 33 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO 8 HEAVY LIFTS VESSEL COSMIC LEVIN YOUNG ASIAN CHALLENCER SOLDIER TRADER VOY NO 3 1 9 Spore 10/12 11/12 13/12 17/12 P. Kelang 12/12 20/12 "Yangon 17/12 Mongla 1812 Chittagong 20/12 Calcutta 23/12 Yokohama 2S/12 10/1 Nagoya 26/12 1/1 Osaka Senboku 24/12 S/l
      401 words

  • Page 34 Advertisements
    • 609 34 CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY S PORE ROAM ADAM H BURG BREMEN ANTWERP KUTAI2I#B 18/12 IAI 24/1 28,1 1(1 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISED CARGO Subject to Inducement Also accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste. AtSO ACCEPTING BOTH CONTAINERS. CONVENTIONAL CARGO VIA
      609 words
    • 700 34 |ShHANJIN SHIPPING I Yy FULL CONTAINER SERVICE IS pore I LEH RTM ANR HAM BRV FEL FEEDER VSL SIN LINE HAUL LAX OAK 912 I?' 12 28 12 29 12 29 12 301? 11 HANJIN HAMBURG 003E 10/12 H KUNSAN 05»E 4/1 t/1 15)12 2/1 31 4 1 41 6,1
      700 words
    • 106 34 WSSTEUROZONE FREIGHT SERVICES PTE LTD NO JO MAJOVtU BOW OJ MMWCU MOOSt S«GAPO«* 010* lEiairmiiiMis fa* n»»/» tl* ns j«joo tm sm Weekly Kxpress Ft'L LCL CONSOLL SVCS, TO/FROM: TAIWAN HKG BKK USA UK EUROPE Services To: BRUNKI. E. MALAYSIA K KAST PORTS PROVIDE INT L TRUCKING DOOR TO DOOR
      106 words
    • 1257 34 £l M MM I I I I I I'lBK r M/ 12 30/12 29/12 2/1 51 8/1 10/1 12/1 13/1 25/1 i? B*2 92 19 7 70? 71? 77 7 717 71/1 I GROWTH RE 030 2/1 3.1 8/1 9/1 11/1 14/1 K/l 18/1 20/1 fl/i 1/2 15/2 16'2 76?
      1,257 words

  • Page 35 Advertisements
    • 1873 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 a AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****22 DOCUMENTATION DEPT: *****44/ *****14 CFS: K27 —IMPORT: *****69/*****50 CFS: K27 EXPORT: *****53/*****04 K Ura) E 26i%3 B %Sng A Y ra) A
      1,873 words
    • 1167 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: *****41 *****8 JOHORE BAHRU: *****11 *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND vessels voyagi |spore |ma*;la hkonc voyage spore pklang hburg b haven tilbury
      1,167 words
    • 119 35 Jmmm SAMUDHM INDONESIA (S) SON. BHD. IS McCALLUM STREET —PP— #14-04 NATWEBT CENTRE Slr>«apor« 01 OS T*(m: R *****0 SIN-JKTSIN VOY SIN JKT PELOPOR 965 08/12 11/12 PRASETA 127 A 12/12 15/12 PELOPOR 966 15/12 18/12 PRASETIA 129 A 19/12 22/12 PELOPOR 967 22/12 25/12 SIN/JKT/PLG/SIN VOY SIN JKT PLG
      119 words

  • Page 36 Advertisements
    • 1550 36 3 K LINE K WVASAKI KISLN KAISHA. L IT). EXPORT N. AMERICA PACIFIC SOUTH-WEST J IMPORT N. AMERICA PACIFIC SOUTH-WEST J /FEEDER VESSELVO» -INOO *PK PNG (MTI MOTHER VESSELVOY\BOAK CH, NYC7/ Iff, 27, |T MEDITERRANEA U 5,12 612 Jl7 HENRY M BRIDGE 30.12 2 1 3 1 i 111 n
      1,550 words
    • 1181 36 vsm PHILI-OniCNT UN€S PTC LTD 108 ROBINSON ROAD *0/ 00 GMG BUILDING SINGAPOHE 0106 TEL *****22/*****69/*****00 TELEX RS ***** PHILI FAX *****76/*****38 BY AIR, LAND OR SEA... iijjr WE TAKE ON THE WORLD FOR YOU MEMBER Of SINGAPORE FREIGHT FORWARDERS ASSOCIATION lb L)tC MONTREAL, OTTAWA, CHARLESTON S C^CArn N NTARIO
      1,181 words

  • Page 37 Advertisements
    • 3457 37 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint M Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT. VESSEL |VOY T SPORE PKLANG SHAMPTON| HAMBURG BHAVEN ROAM LHAVRE Tokyo Bav 02/550 Via KRM 27/12 29/12 31/12 Hamburg Express 99/549 13/12 5/1 M
      3,457 words
    • 326 37 «gk MYANMA PA FIVE STAR UWE v (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen PGdg PAGAN VI64W 10/13 Dec HP* AN VIS7W 10(13 Dec AVA VIOSW 10/12 Dec 13/15 Dec PATHEIN VIOBW 12/16 Dec 1/12 Dec IatTHI BANK LINE (A tervica of Andrew Walr Shipping) SEMI-CONTAINER SERVICE
      326 words



  • Page 40 Advertisements
    • 832 40 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV RDM ANT HBG BRANDENBURG WMIOI 8,12 5:1 4/1 6,1 2/1 JAPAN SEN *ElOl 13/12 S/l 6/1 1/1 »/l 7/1 BREMEN SEN WFIO2 17/12 »(1 10/1 12/1 13/1 1/1 CARMEN CARINA WMIO2 ***** 17/1 16/1 U/l 14/1 ARABIAN
      832 words
    • 1169 40 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE 15 DEC 22 DEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMRURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST PORT KELANG 1472 21/12 MANILA 15/12 22/12 PENANG 14/12 21/12 BUSAN 15/12 22/12 BANGKOK 15/12 ft 17/12 TOKYO
      1,169 words
    • 306 40 LOADING FOR VESSEL SPORI cao DSN (AIMS HVIOtO RIO STS WIT PACUA HOST WE EN 17/12 a/U J/1 14/1 lfcl I*l OPT V TO/2 ALSO LOADING FOR BUENOS AIRES Turfcey, Red Sea/ Med Porta. Sport P lUtjnf Pwunt Luting far GiNCLIK V 3/90 I DEC 11 DCC OPT DERINCE.ISTANBUL Iflllft
      306 words
    • 1245 40 '"Sjl CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE TEL *****00 2. MISTRI ROAD, HMC BUILDING TELEX: RS ***** COSHIP #15-00. SINGAPORE 0207 FAX: *****66 CR NO **********0 M CABLE: COSTARLINE General Agents: OOSTAR SHIPPING PTE LTD j TO EUROPE FROM EUROPE VESSELVOr SCP TLX EOT HAM AWT DKK VESSEIVOY
      1,245 words

  • Page 41 Advertisements
    • 817 41 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \ll IPI Destns 15/12, 22/12 EUROPE all Ports 15/12, 22/12 BANGKOK 13/12, 15/12 HONGKONG/CHINA 15/12, 19/12 SYD, MEL, ADEL, BRIS 16/12, 24/12 FREMANTLE 13/12, 27/12 MANILA 14/12, 21/12 PKLG/PENANG 16/12, 23/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24 Penang
      817 words
    • 241 41 MARINE AGENCIES (Sj PTE LTD TEL: *****33 (12 Lines) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) H&A ETHIOPIAN SHIPPING LINES J (National Lines of Ethiopia) accepting fcl and conventional VESS€I Ivov ETA I OADING FOR spore ABVOT ?3WVB in P! OAHESSALAAM MOMBASA OJiBOUTI ASSAB MASSAWA ABBAV WONZ 77wi 30H
      241 words
    • 833 41 MASKAPAI PELAYARAN TOpulau LAUT I FIXIO —DAY SCHEDULE BETWEEN THE PORTS OF S PORE INDONESIA. MALAYSIA THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VOY SIN JKT PAJ SIN PUL SEJAHTERA 17S 8/12 11/12 OKUNOZE 06S 15/12
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    • 1013 41 BANGKOK CEBU/MANILA VESSEL VOY SINGAPORE BANGKOK VESSEL VOY S PORE CEBU MANILA SIRI BHUM# 472N Sat (/12 Tue 11/12 KITI BHUM 49R (/12 13/12 15/12 MAHA BHUM# 37N Sat (/U Tue 11/12 SO STAR MS 14/12 20/12 22/12 JENLINK 35H Wed 12/12 Sat 15/12 KITI BHUM 51R 21/12 27/12 2902
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  • Page 42 Advertisements
    • 1133 42 a «MAC-NELS SINGAPORE export tel *****22 import tel *****02 TEL: (04) *****6 |KK TEL (088) *****0 (TAWAU TEL (089) 7/86/9 I-„ /X lip KELANG TEL: (03) *****77 IkUCHING TEL (082) *****3' SKAN TEL (089) *****2 IHV/ \_2_J J BAHRU TEL: (07) *****2 IsißU TEL (084) *****2 LABUAN TEL (087) *****9
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    • 397 42 BLUE STAR LINE SINGAPORE TO 11 NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISED 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. PLY AUCK ITT MULBERA 1»S 14 Dec 25 Oct Via NPt 21
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    • 1399 42 I /SCI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH VESSEL VBT ETA fEST VESSEL VtT ETA PEST I KIM SOON LI 47/90E 07 DEC
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  • Page 43 Advertisements
    • 762 43 COMPANIA PERUANA \Kr3k. 0E VAPORES T "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO. MATARANI. ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P Kelang Singapore 1 SHAPLAEVERETT 09/11 Dec 12/14 Dec KAMALEVERETT 28/» Dec 30 Dec/01 Jan THOMASEVERETT 15/17 Jan 18/19 Jan
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    • 615 43 r~ysT~ Ivoy |S PORE Imainliner [lax Ikst Isav Inyc HEX 2IM RAOMSIUNG 12K 1/12 211* CANADA 1,1 10/1 13/1 lil 17/1 2IM KOPER 13E 1/17 2IM LIVORNO 111 17/1 20/1 22/1 24/1 ZIM OSAKA 15E 14/12 21* LIVORNO tjl 17/1 20il 22/1 24/1 A VESSEL 21/12 2IM IBERIA 25/1 iff
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    • 636 43 Msing kwang hang SM«PMNG 4 TRANSPORTATION (PTE) LTD WEEKLY LCL/FCL SERVICE I VESSEL |S PORE [JAKARTA SURABAYA MEKHANIK KURAKO V 39N 13/12 IS/12 lEQUATOR JOY V 07N IS/12 I— MB/12 VESSEL S PORE BANGKOK A VESSEL 11/12 15/12 A VESSEL 15/12 20/12 DESTINATIONS ETA SINGAPORE PORT KELANG 14 DEC MANILA
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    • 497 43 PERINTIS LINE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE JAKARTA SURABAYA VESSEL VOY SIN JKT SBY PELOPOH 965 08/12 11/12 PHASETIA 127 A 12/12 18/12 PELOPOR 966 15/12 18/12 PRASETIA 129 A 19/12 22/12 TANTO UTAMA 125 In Port 09/12 TANTO UTAMA 127 12/12 15/12 TANTO UTAMA 129 19/12 22/12 TANTO
      497 words
    • 381 43 Mi SIN FAH EAST 16/12 KEELUNG/KAOHSIUNG 15/12 BANGKOK 13/12 MANILA/CEBU 15/12 JAKARTA/BELAWAN/SURABAYA •> 15/12 PORT KELANG/PENANG/E. Malaysia X 18/12 BUSAN ST--14/12 TOKYO/YOKO/KOBE/NGO/OSA -Z\ Z.14/12 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ ~Z\ Xiamen/Xingang/Shanghai >! s/* SIN EUROPE/UK >' ZZ 15/12 LDN/FLX/LVP/SOU Z' 15/12 RDM/HAM/ANT/LE HAVRE/GENOA :.i also accepting cargo to
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  • Page 44 Advertisements
    • 563 44 /Ui CB SHIPPING MARINE SERVICES NORTH QUCENSUND;PAPUA NEW GUINEA SERVICES CONTAINER/LCL/BREAKBULK SERVICE "ANKE" SERVICE SPE LAE NHSIMA POM T'VILIE VI9SB SjiM 11/12 9/12 IVI2 *20SB »»I2 10(1 12/1 I*l Wl Lac T*S via Pom BUNKER SURCHARGE EFFECTIVE VI9SB TEU USD 53 50 B/BULK USD 500 LCL USD 350 SUBJECT REVIEW
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    • 574 44 SINGAPORE MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE K.S. V-21-90W 8/12/90 4/1/91 24/12/90 29/12/90 M B V 24-CW9O 17/12/90 8/1/91 9/1/91 13/1/91 Y M. V 22-90W 19/12/90 15/1/91 5/1/90 10/1/91 I.Y V23-90W 26/12/90 23/1/91 14/1/91 18/1/91 K.V.T. V26-CW9O 29/12/90 20/1/91 22/1/91 27/1/91 ALSO ACCEPTING
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    • 385 44 WEEKLY FCL/LCL SERVICE DESTINATIONS ETA SINGAPORE KEELUNG KAOH 09/12 13/12 16/1? 20/12 HONG KONG OM2 ***** 23/12 30/12 BUSAN 09/12 23/12 27/12 03t)l BANGKOK ***** 17/12 24/12 01-01 MANILA 13/12 02W 12/01 U S A 08/12 15/12 22/12 29/12 KYC LINE (S) PTE LTD., 158. CECIL STREET DAPENSO BUILDING. #09-00
      385 words
    • 626 44 ttFOCE/tnSERVICE r LCL/FCL SERVICE TO/FROM J fin rsn GS&R operates ©vef <00 terminels/offiees in U.S. A> J II m €Se^ maintains ovw 38,000 treeton ft track*. V II M 4S/F 1 over 60.000 points in US A I\ IHIl H l rn flW'offwsnlfebleLCL/FCLwvle*. Gerv#r»l Agents: N^ r -noAA/<T7/A/*r j Qf
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    • 421 44 If FCL/LCL SERVICES MANILA ETA VIGOUR PACIFIC 24N8 1302 VIGOUR PACIFIC 25N8 23/12 BANGKOK 8/12 15/12 BUSAN 11/12 18/12 HONGKONG 11/12 17/12 DURBAN 13/12 27/12 KEELUNG 9/12 16/12 PT. LOUIS 13/12 27/12 PT KELANG 14/12 31/12 KOBE 10/12 17/12 PIRAEUS 10/12 20 12 OSAKA 11/12 18/12 JAKARTA 14/12 15/12 SURABAYA
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  • Page 45 Miscellaneous
    • 559 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 *****400 *****600 1700 IMOI9OO 2000 2100 2200 2300 JR 14 19 2.3 25 25 2.2 18 1.5 1.3 1.3 1.4 18 24 29 32 32 29 24 18
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  • Page 46 Advertisements
    • 272 46 Every Saturday i 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 H i HIAP HOE SHPPING ENTERPRISE 'In I m *****66 FAX: *****10 \lljy TLX RS ***** HHSHPG PT. PELAVARAN. SAMUDRA AGUNG PERFECT 1505 7/12
      272 words
    • 730 46 MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA H 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 HYUNDAI CHALLENGER 36W 6/11 9/11 12/11 30/11 9/12 HYUNDAI PIONEER 37E 22/12 27/12
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    • 574 46 CHARTPOINT Every Saturday in Business Times BKuaaa UK/CONTINENT (TRIO) Also Accepting Cargo Hamburg to Copeniiafen. JLarfms Gothenburg, Ma mo S PORE S TON H BURG B HAVEN R DAM LEH Meisin*,. Stockholm I9LI? Sr\m VI Rotterdam to Antwerp Amsterdam Oslo. Helsinki HAMBURG EXP WSM IJ/12 M 11 2/1 31'12 til
      574 words