The Business Times, 13 December 1990

Microfilm: NL17371
Total Pages: 50
1 50 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday December 13 1990 75*
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  • NEWS SUMMARY
    • Article
      Swedish Parliament votes to seek EC membership
      50 1 TRADITIONALLY nonaligned Sweden made a historic decision yesterday to seek membership of the European Community. In a decision described by many as the most important since World War 11, 198 MPs in Stockholm voted in favour and 105 against in the 349-seat chamber.
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    • Article
      Jakarta ratifies treaty with Australia
      27 1 THE INDONESIAN Parliament ratified yesterday a government treaty signed with Australia a year ago to jointly develop the potentially oil-rich Timor seabed.
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    • Article
      Onggo eyes S'pore
      26 1 INDONESIAN ex-cement trader turned billion-dollar property developer Henry Onggo is setting his sights on Singapore for his company's first overseas venture Page 2
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    • Article
      Computer slowdown
      30 1 THE local computer market is likely to end the year with 25 per cent growth, but growth is expected to move into singledigit figures next year. Page 2
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    • Article
      KL economy robust
      26 1 THE Malaysian economy is forecast to remain at a healthy 8 per cent in 1991 against this year's 9.4 per cent Page 10
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    • Article
      MacSharry pledge
      33 1 EC Farm Commissioner Ray MacSharry, who camc under fire at the recent Gatt talks in Brussels, has promised to launch a package of revolutionary reforms for agriculture next week Page 12
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    • Article
      Obstacles remain
      27 1 US financial institutions are still facing serious obstacles in Japan and some other Asian and Latin American countries, reports the US Treasury Department Page 13
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    • Article
      Aussie retail woes
      28 1 AUSTRALIA'S retail industry is facing what may be its worst days since World War 11, with all sectors reporting a drop in sales Page 15
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    • Article
      Down to earth
      21 1 THESE DAYS, the feats of Mount Everest conqueror Sir Edmund Hillary are pretty much more down-to-earth Page 21
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    • Article
      Two-horse race
      27 1 SINGAPORE and Indonesia are the leading contenders to house the proposed permanent secretariat for the Federation of Asean Shipowners Association. Shipping l imes Page 1
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  • MARKETS SUMMARY
    • Article
      Dow higher
      40 1 WALL STREET opened on the rise yesterday, as the Dow Jones Index of 30 leading industrials marked a 4.20-point gain to 2,590.34. The main indicator of New York Stock Exchange closed down 10.64 points at 2,586.14 on Tuesday.
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    • Article
      Footsie up slightly
      34 1 LONDON shares were little changed by midday yesterday in moderate activity. The FTSE 100 index was 0.3 points higher at 2166.1 by 1208 GMT on a volume of 294 million shares.
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    • Article
      Inno-Pac sees losses
      29 1 INNO-PACIFIC Holdings is likely to suffer losses of a few million dollars lor the financial year ending Dec 31 despite a much higher turnover. Page 3
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    • Article
      SPH option scheme
      17 1 SPH is offering a share option scheme to about 100 senior executives Page 3
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    • Article
      From BMF to jail
      28 1 FOR Lorrain Osman, life in a Brixton prison cell is cons away from his high-Hying days as chairman of BMF in Hongkong Page 3
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    • Article
      New funds from Nikko
      31 1 NIKKO SECURITIES has established two more funds totalling 22 billion yen for investment in Asian capital markets, especially in countries which are net oil exporters. Page 9
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    • Article, Illustration
      STOCK INDICES
      31 1 Wednesday Change BT-MCiA 585.96 +1.56 Kuala Lumpur ....499.02 -1.50 Hongkong 3,160.79 +16.17 Tokyo 23.999 41 +42.44 Sydney 1.323.6 +2.6 Tuesday Change New Y ork 2,586.14 -10.64 London 2,165.8 -16.7
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    • Article
      CURRENCIES
      20 1 Exchange rates US$ S$ 1.7115 Yen S$ 1.2995 MS SS0.6349 Money market rates Overnight 4-3/8 -3/8 3-montn 5-3/8 unch
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    • Article
      COMMODITIES
      35 1 London Gold AM fix US$371.90 -USS2.40 Rubber S'pore Jan l50.50Vkg unch M'sia Jan 240.00'/kg unch KL Tin Turnover 42 tonnes +14 Spot MSl5.24/kg -0.01 Crude palm oil Turnover 1,126 lots +419 Dec M$833/tonne +14
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  • Article, Illustration
    Technology Parks draws up development plan
    468 1  -  Few hundred million dollars investment in property By Lilian Ang TECHNOLOGY Parks Pte Ltd (TPPL), a wholly-owned Jurong Town Corporation (JTC) subsidiary, has mapped out an ambitious property development plan which will stretch over an initial five-year period. The plan, drawn up barely nine
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  • Article
    Lock icon Saddam stands firm on the Palestinian issue
    203 1 Agencies IRAQ condemned the United States yesterday for allying with Israel at the United Nations and repeated its insistence on linkage, rejected by Washington, between the Gulf crisis and the Palestinian question. The official news agency INA quoted Foreign Minister Tareq Aziz as
    Agencies  -  203 words
  • Article
    Lock icon Taiwanese invest record amount abroad
    117 1 Reuter TAIWAN'S businessmen, looking to escape high land and labour costs at home, have invested a record amount overseas this year. The total for the first 11 months of this year was already L'Ssl.29 billion compared with a record US$69O million invested abroad in the
    Reuter  -  117 words
  • Article
    Indonesian banking industry takes another knock
    269 1  -  From Ranjit Gill in JAKARTA INDONESIA'S banking industry, hit by rcccnt scandals, suffered an additional jolt with the revelation of a syndicate's role in defrauding banks. Two months after the conservative Bank Duta suffered losses in excess of US$3OO million, and a week after
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  • Article
    Prudential sells Singatronics stake at sharp discount
    387 1  -  By William Chia PRUDENTIAL Asset Management Asia Ltd. which is the second largest shareholder of Singatronics Ltd, has sold its entire 15.93 per cent stake comprising 18 million shares in the company for $12.4 million or 68.9 cents per share. Singatronics, which was
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  • Article
    Bin tan water pact signing in first half of '91
    344 1  -  From Genevieve Cua in TOKYO A BILATERAL agreement to supply water from Bintan to Singapore will be signed with the Indonesian government in the first half of next year. This will supplement the water Singapore is getting from Johor, whose
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  • Article
    Developing Bintan into resort expected to cost $4b
    191 1 THE TOTAL COST of developing Bintan into an international resort destination will reach nearly $4 billion, said Indonesia's Junior Minister of Industry, Tunky Ariwibowo at a press conference yesterday. Basic infrastructure, including roads and utilities, will cost about $300 million. The bill
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      251 1 I Reigns when it pours <j Advertising Marketing 16.18 Money Changer Rates 31 World News 12.13 Money Market 29 World Stock Markets 28 Aircraft Schedule 31 Regional News 1011 Commodities 30 Regional Stock Markets 27 For market indices, editorial. Cryptic Crossword 31 SES 22.23 advertising and circulation exEditorial 14 Share
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    • Advertisement
      Page 1 Advertisements Column 2
      85 1 I TOTAL TRANSPORTATION SERVICES CROWN w PACIFIC 36 Pioneer Road Singapore 2262 Fax 862 2840 Tlx RS 21 115 CRWNPAC Tel: 861 6818 'WMWWMWJTWW* Japanese investors keen on Riau islands, Back Pg The Grand Pavilion h cuisine. Ideal for small cosy gatherings jlm U or parties. W > For those
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Caltex cuts diesel pump price
        40 2 IN LINE with other oil majors, Caltex has cut its diesel price from (>4.2 cents per litre to 58.6 cents per litre. Caltex was the last of the oil companies to adjust its diesel price.
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      • Article
        MediShield benefits
        65 2 MORE than 1,000 members of the Central Provident Fund (CPF) Board have benefited from MediShield since its introduction in July this year, whether they were hospitalised for a long period, or underwent kidney dialysis, chemotherapy or radiotherapy. Nearly 1.4 million CPF members are now covered under MediShield. CPF
        65 words
      • Article
        Good response
        72 2 THE BTH OFFSHORE South-east Asia '90 conference for the oil and gas industry, which ended last Friday, drew more than 9.000 industrv professionals. This is 45 per cent more than the last showing in 1988. The high proportion of foreign visitors from South-east Asia, India, Pakistan and China
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      • Article
        Goodwood does it again
        77 2 THE Goodwood Park Hotel has clinched the top spot in this year's Sharity Light-Up for the second year running. It beat 28 other entries in the "Best Decorated Building" competition run by the Singapore Tourist Promotion Board with the theme, "Hark! The Herald Angels Sing". Liang
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      • Article
        Unclogging heart arteries
        69 2 TEN world experts are conducting demonstrations of the unelogging of blocked heart arteries without resorting to surgery (known as PTCA) at Mount Elizabeth Hospital until tomorrow. These include Dr Richard Myler who pioneered the technique: Dr Fayaz Shawl, who invented a machine to allow very sickly patients
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    • Article
      Computer sale growth slowing
      301 2  -  By John Tan THE local computer market will end the year with $1.9 billion worth of products sold, reflecting a 25 per cent growth over last year. But the industry is expected to move into single-digit growth next year, said Noel Hon, president of the Singapore
      301 words
    • Article, Illustration
      Onggo group to bid for local projects
      501 2  -  From Suzanne Soh in JAKARTA INDONESIAN ex-cement trader turned billion-dollar property developer Henry Onggo is setting his sights on Singapore for his company's first overseas venture. The family-owned Onggo group of companies intends to bid for projects such as a hotel and office
      501 words
    • Article
      Pony Canyon sets up office
      300 2 JAPANESE record producer Pony Canyon Inc (PCI) has opened an office in Singapore and plans to set up a studio and a record-making factory next year. PCI, an affiliate of Japan's biggest media conglomerate, the Fujisankci Communications group, incorporated Pony Canyon Singapore (PCS) on Oct
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      107 2 BNow you CAN FLY NON-STOP TO SYDNEY GULF AIR STYLE. SdallO'Jib There's never been a more enjoyable way to flv to flights depart for Svilnev, every I hurstl.iv anil *satiirdav Its .ill we tan now 11 v \ou to fort\ destinations worldwide. So win Sydney. because now von can experience
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Shakey's pulls Inno-Pac into the red despite higher turnover
      616 3  -  By Lee Han Shih FAST FOOD and trading group Inno-Pacific Holdings is expected to incur a loss of a few million dollars for the financial year ending Dec 31 despite a much higher turnover of $300 million. Indications given by InnoPac
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    • Article
      Lock icon Scientex to strengthen its operations
      314 3 Bernama NEWLY-LISTED PVC leather cloth and sheeting manufacturer Scientex Industries Berhad plans to focus on strengthening its operations to ensure that the group will be more equipped to meet the challenges in developing new markets and achieving satisfactory results next year. Chairman Tunku Tan Sri
      Bernama  -  314 words
    • Article
      Lock icon Celcom stake beneficial, Time holders told
      255 3 Bernama MINORITY shareholders of Time Engineering Bhd have been told that their company can expect to benefit in the long term from the proposed acquisition of a 49 per cent stake in Celcom Sdn Bhd in view of the prospects of the cellular telecommunication
      Bernama  -  255 words
    • Article, Illustration
      Lorrain: I will fight this to the end
      519 3  -  Life in prison for BMF ex-chairman By Hong Lee Tiam FORTUNE has done a major flip on the life of Lorrain Osman, the ex-chairman of Bumiputra Malaysia Finance. Life in a Brixton prison cell is cons away from the high Hying days
      519 words
    • Article
      Lock icon Appeal dismissed
      120 3 Bernama THE HIGH COURT in London yesterday dismissed former Bumiputra Malaysia Finance (BMF) chairman Ix>rrain Esme ()sman's fourth application for habeas corpus and made the recommendation that his return to Hongkong can now be determined without delay. Ix>rrain, who is now in remand at the high security Brixton
      Bernama  -  120 words
    • Article
      Lock icon Telekom and Bell Canada sell M$21m package to HK firm
      130 3 Bernama TELEKOM Malaysia and Bell Canada International Incorporated, which jointly developed the customer automated services system, or "CASS", in Malaysia, have successfully sold the software application to a Hongkong firm for Ms2l million. Telekom Malaysia said in a statement yesterday
      Bernama  -  130 words
    • Article
      SPH to offer share option scheme to senior executives
      291 3 SENIOR executives of Singapore Press Holdings (SPH) arc to be offered a new incentive: an option to buy group shares, which those eligible can choose to purchase any time between two and five years after the offer date. The share option
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    • COMPANY BRIEFS
      • Article
        OCBC's paid-up capital stands at $594.775m
        35 3 OCBC Bank said yesterday that following the exercise of options under its executives' share option scheme, the bank's issued and paid-up capital was $594,775 million as at Nov 30.
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      • Article
        Tongkah's bids approved
        83 3 TONGKAH Holdings Bhd's proposed acquisition of Mcnara Smi, and a 51 per cent interest in Dai Dong-ZT Sdn Bhd have been approved by its shareholders at its extraordinary general meeting yesterday. It said in a statement that the completion of the acquisition of Menara Smi in Kuala
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      • Article
        Benta expects M$3.5m gain
        67 3 BENTA Plantations Berhad expects to reap an extraordinary gain of M 53.5 million from its proposed sale of two whollyowned property-based subsidiaries for a total of M 527.5 million. The subsidiaries FOP Corporation Sdn Bhd and Komplcks Mutiara Sdn Bhd which own a 12-storey building in
        67 words
      • Article
        Hock Hua Bank invests in IT
        80 3 HOCK HUA BANK, whose public share issue will close on Dec 15, is expected to spend Mslo million on management information and branch networking, securities industry sources said yesterday. The sources added that the Sarawakbased bank was looking towards information technology "in a bid
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      • Article
        Perwira eyes new ventures
        69 3 PERWIRA Habib Bank Malaysia, which has been identifying new areas of activities in order to widen its earnings base, is expected to go into the advisory-based business soon, executive director Raja Datuk Aman Ahmad said yesterday. The bank might offer advisory services along with its financing
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      90 4 v a&.' o< a* art* m**~gsffi 3QHHK W* o" <&op' -4sr^:»-•*■ ij ~wt i!i «<23?*' 9r ■I Hewlett-Packard Ls proud to announce that for the fourth consecutive year, ECS Computers (Asia) Pte. Ltd. has won the prestigious Hewlett-Packard Dealer-of-the-Year award. A most deserved distinction in recognition of their unwavering commitment
      90 words
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  • REGIONAL COMPANY NEWS
    • Article, Illustration
      Bakrie advances its plantations interests
      356 5  -  From Ranjit Gill in PASAMAN, W SUMATRA AN ON-GOING thrust into the plantations sector by the rapidly-growing Bakrie Group was significantly advanced recently with the inauguration of 40,000 hectares of land earmarked for palm oil cultivation in this remote West Sumatran town. The governor of
      356 words
    • Article
      Lock icon China gives licence to Petrocorp group
      255 5 AFP NEW ZEALAND'S Petrocorp Exploration will head the first foreign consortium to be awarded an exploration licence on mainland China. Petrocorp is to be the operator of the licence, with a 60 per cent share in a consortium which also includes two US exploration
      AFP  -  255 words
    • Article
      Lock icon Thai firm expands satellite lease
      245 5 AFP SAMART TELCOMS, a private Thai telecommunications company, has expanded its lease from one half to a full transponder of Indonesia's satellite Palapa B2P, the Angkatan Bersenjata daily said on Wednesday. The daily cited a spokesman of the state telecommunication company Perumtel as saying in
      AFP  -  245 words
    • Article
      Lock icon Indonesia sets up Stock Exchange Supervisory Board
      178 5 AFP THE INDONESIAN government has established a Stock Exchange Supervisory Board to chart the way to privatising the Jakarta Stock Exchange (JSE) next month, Antara news agency said. Finance Minister Johannes Sumarlin yesterday appointed Marzuki Usman, formerly chairman of the Stock Market Executive
      AFP  -  178 words
    • Article
      Lock icon Adsteam plans to merge with three associates
      306 5 Reuter THE ADELAIDE Steamship Co plans to merge with three of its associates to form one of Australia's largest companies in a reorganisation aimed at appeasing edgy shareholders and bankers. Adsteam, which has fallen out of favour with a share market shy of
      Reuter  -  306 words
    • COMPANY BRIEFS
      • Article
        MTRC plans to raise US$50m in loans
        77 5 HONGKONG'S Mass Transit Railway Corporation (MTRC) is to raise a US$5O million through a loan facility. The five-year loan will be arranged by Societe Generale Asia Ltd, the local arm of France's Societe Generale. Banking sources in Hongkong said it was expected to
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      • Article
        Maxwell still keen on paper
        51 5 MAXWELL COMMUNICATION Corp's Robert Maxwell told a national radio programme in Australia that he is still interested in buying Melbourne newspaper The Age. Mr Maxwell said on Tuesday that MCC's Mirror Group Newspapers unit would be applying in due course to buy a newspaper in
        51 words
      • Article
        Oil find reported off Palawan
        108 5 ALCORN (PRODUCTION) Philippines Inc says it has struck oil in its West Linapacan No. I well off north-west Palawan with a flow rate of 6,116 barrels of oil a day on a two-inch choke. Charles Alcorn, chief executive officer of the Houston-based Alcorn Petroleum Inc,
        108 words
      • Article
        Elders to sell oil, gas interests
        89 5 ELDERS RESOURCES NZFP Ltd has agreed to sell its North American oil and gas interests to New London pic unit New London Inc for A$ 11.5 million. The energy interests are in Texas and Louisiana and contain proven reserves of about 1.4 million barrels
        89 words
      • Article
        Brierley set to acquire shares
        60 5 BRIERLEY INVESTMENTS Ltd has said that it will compulsorily acquire outstanding shares in Mount Charlotte Investments pic after Jan 21, 1991, since it holds over 90 per cent of the British hotels group. BlL's September bid valued Mount Charlotte at £644 million stg and it
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      115 5 *4J3 %tz<D Ilr "ii i 1 1 A/ 7? e v 11 i»:--i .<| *I£*P ..s&Jflgfe, i k ;i: 'f' ?tv^^^^KBWW^BHHBBHBI^ -Vw. 1•■ e 1 v t-* >" ''^^v^kItmbHwIMBBBBpI f •,v"-! 5 -?f"R ",vf T T *f• I t b? I $mWBm f t i I t Winter games commence,
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      Page 5 Advertisements Column 2
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      73 words
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  • INTERNATIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Pacific Stock Exchange totrim staff
        61 6 rHPfacitlc Stock Exchange in San Francisco will cut its 436flrson staff by 7 to 9 per cent through attrition and lay<Jp as part of a programme to trim operating costs in he exchange said it had a loss of over US$l million for ujfirst nine
        61 words
      • Article
        Japanese firm in Samoan deal
        65 6 A JIwANESE construction and real estate firm has signed a purJfee agreement to buy Western Samoa's second biggest hotanhe Tusitala, receiver Peter Howell said on Tuesday. ThtS]tel, put into receivership last year with debts estimated at Uf 1 m on ta a (US$5.7 million), will
        65 words
      • Article
        BHP shelves mine project
        51 6 BHIKO Ltd yesterday cited economic factors for deciding notßbuild a copper smelter in Chile which would have used the huge Escondida mine. The company's subsid-iarvOfl-IP-Utah Minerals, and London-based RTZ Corp pic, a partner in the world's third-largest copper mine, made the decision after a six-month feasibility
        51 words
      • Article
        British Coal to close mine
        65 6 STATE-RUN British Coal is planning to close the most expensive mine in Britain four days before Christmas as part of its policy to eliminate loss-incurring operations. A spokesman said the pit in the central England county of Staffordshire employs 800 people and has been losing
        65 words
      • Article
        Philips to cut staff in France
        87 6 PHILIPS Electronique Grand Public, the French subsidiary of the Dutch electronics concern, will lay off some 800 employees in French factories it runs, officials said. Worst hit will be the plant at Le Mans where 496 jobs are to be axed. Also envisaged is
        87 words
    • Article
      Lock icon NCR board scrambling before AT&T deadline
      417 6 Reuter THE BOARD of NCR Corp is expected to meet as early as today to consider American Telephone Telegraph Co's hostile US$9O-a-share tender ofTer. Sources in New York said on Tuesday that the Ohio computer maker had 10 business days until Dec 19 to
      Reuter  -  417 words
    • Article
      Lock icon Analysts slash forecasts for British Land
      275 6 Reuter LONDON property share analysts have cut 1990/91 pretax profit forecasts for British Land Co pic after it turned in disappointing first-half figures. "Lower (first-half) profits had been well flagged, but were below expectations," said one analyst who asked not to be identified. He
      Reuter  -  275 words
    • Article
      Lock icon Berisford explains £96m pre-tax loss
      256 6 Reuter BERISFORD International pic said its £96.1 million pretax loss for the year reflected high provisions against its property portfolio and other assets, high interest costs and poor trading. The commodities to property group made a £107.3 million pre-tax profit last year. Shareholders' funds fell
      Reuter  -  256 words
    • Article, Illustration
      Lock icon Daiei chairman appointed to Keidanren board
      483 6 Asahi News Service THE CHAIRMAN of Japan's largest supermarket chain has been appointed to serve as vice-chairman of the country's most influential business organisation in a move that is symbolic of the changes taking place in the Japanese economy. Isao Nakauchi, chairman and president
      Asahi News Service  -  483 words
  • Page 6 Advertisements
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      251 6 EXCUSES YOU CANT USE THIS CHRISTMAS. #4 CHRISTMAS PRESENTS? WHAT ON EARTH COULD I BUY AT THE AIRPORT? No excuses now that Scotts Weitnauer has come to Changi Terminal 2. Choose from our extensive range of top fashion items and accessories for remarkable value. Gift wrapped and delivered anywhere in
      251 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      165 7 By all estimations, Ahe Mercedes-Benz S-Class is as priceless as any car could ever hope to be It is a constant source of engineering marvel and a wealth of creature comforts Yet, there is nothing to compare with the sense of elation that comes from actually riding in one and
      165 words
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  • Page 8 Advertisements
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      312 8 \*i 2J JfellP M-it* f [^H ««9®J^Sllur *>J> 3 The 1991 Australian Gold Kangaroo Nugget There's more to the Kangaroo Nugget than just 99.99% pure gold. And the introduction be sure it's a secure investment because the Kangaroo Nugget is official Australian legal of The 1991 Australian Gold Kangaroo Nugget,
      312 words
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  • FINANCIAL NEWS
    • Article
      Lock icon Nikko Securities establishes two more funds
      537 9 MBT NIKKO SECURITIES has set up two more funds totalling 22 billion yen for investment in Asian capital markets, especially in countries which are net exporters of oil. The two funds, Asia Fund II and Asia Leading Fund, are worth 15 billion yen and
      MBT  -  537 words
    • Article
      Lock icon UK blocks proposed boycott of General Accident
      272 9 Reuter THE UK Office of Fair Trading said it blocked a recommendation to members of the Institute of Insurance Brokers (IIB) not to place business with General Accident pic (GA) from Jan 1, 1991. The 118 has recommended a boycott of business with
      Reuter  -  272 words
    • Article
      Lock icon Investor challenges First Interstate chairman
      337 9 Reuter INVESTOR Marvin Davis stunned Wall Street with an open letter to First Interstate Bancorp chairman Edward Carson, in which he suggested Mr Carson sell the bank if he cannot improve shareholder value. **lt was a strange event, especially in this environment," said led Palus/ek.
      Reuter  -  337 words
    • Article
      HongkongBank, and BNP clarify survey rankings
      201 9  -  By S N Vasuki BANQUE Nationale de Paris (BNP) remained as the most profitable restneted bank last year, while Hongkongßank was the second most profitable full-licensed foreign bank in Singapore, spokesmen of both banks told BT yesterday. BNP and Hongkongßank were responding to the
      201 words
    • Article
      Lock icon Treasurers issuing more bonds in view of uncertainties
      364 9 Reuter US CORPORATE treasurers could issue over US$3 billion of new debt this week, taking advantage of a year-end "window of opportunity" that could closc early in 1991, analysts said. Last week, companies issued about US$5 billion of new paper, on top
      Reuter  -  364 words
    • SMALL CHANGE
      • Article
        UK, Japanese firms to sell car insurance
        92 9 THREE companies including trading firm C Itoh and Co Ltd's insurance unit Cosmos Jardine (Europe) Ltd will start selling car insurance early next year to Japanese in Britain, a C Itoh spokesman said. The other two are British insurer Legal and General Group
        92 words
      • Article
        Nymex to cut jobs
        96 9 THE RECENT wave of job-slashing sweeping through Wall Street spilled over to the New York Mercantile Exchange (Nymex). "There is some fat and in a time like this we don't need fat," said Lou Guttman, chairman of Nymex. "The Management Information System (MIS) division has been
        96 words
      • Article
        Banks challenge UBS offer
        97 9 A GROUP of six regional Swiss banks has made a bid for Kredit-und Handelsbank Lyss (KKL), rivalling the offer announced by the Union Bank of Switzerland on Tuesday. The informal group, which calls itself "Horizon Banks" and until now included KKL. said it had learned with
        97 words
      • Article
        Call to tighten money controls
        95 9 THE Bank of England, along with bodies representing banks, building societies and the police, called for greater vigilance in the British financial system against money laundering by drug dealers and terrorists. A working party chaired by the central bank, and comprising representatives from the British
        95 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      86 9 4jE%' H M m i n b**^ "*#wW r fountain pen from the Montparnasse black Chinese lacquer, solid gold nib. This Pen Has a Story To Tell. Yours. <S.^>3kmonL PA HIS <§.&3kl/l(>nL DISTKIKI TIOIN ITE LTD lt«Mili<|ur: #02 07 ismu \lria. I. I: T.U.YVH. (..ru.r* 1.v.l 111 ill. v", IkpartiiMntal
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  • Page 9 Miscellaneous
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  • THE REGION 1
    • NOTE BOOK
      • Article
        Club Volvo changes name to Borubo
        78 10 HONGKONG'S largest nightclub. Club Volvo, has changed its name following a legal battle with the Swedish carmaker AB Volvo. Its spokesman said yesterday that the new name, Borubo, keeps the connection as it is the way the Japanese, the club's main clients, pronounce Volvo.
        78 words
      • Article
        Bid to control rice price
        72 10 THE VIETNAMESE government has sent 10,000 tonnes of subsidised rice to Hanoi to reverse a three-fold price increase in the past few days. Official Hanoi Radio said yesterday that the price of rice in the national capital had increased 200 dong to 300 dong per
        72 words
      • Article
        Aquino presses for action
        85 10 PRESIDENT AQUINO of the Philippines yesterday asked Congress to extend its session into the normal Christmas recess to tackle new measures to increase revenue and hopefully pass the proposed 1991 budget, officials said. Congress, which opposes new taxes, is scheduled to recess tomorrow but the government
        85 words
      • Article
        Defence exhibition
        48 10 MORE than 210 companies and delegations of top-level military officials from 24 countries yesterday took part in an exhibition of defence equipment in Bangkok. About 213 companies exhibited equipment from artillery to rocket launchers at the Asian Defence Services Exhibition Conference from Dec 12 to 15.
        48 words
    • Article, Illustration
      KL economy expected to see growth with stability
      552 10 THE Malaysian economy is expected to see stability with growth next year. Sources told the Malaysian Business Times newspaper that growth in 1991 is forecast to remain healthy at 8 per cent against this year's 9.4 per cent. Inflation, a relatively low
      552 words
    • Article
      Indonesian farm investments top US$1b
      210 10 CUMULATIVE loan commitments made by international institutions as of last month for agricultural development in Indonesia have reached over US$l.35 billion, according to Minister of Agriculture Wardoyo. The Jakarta Post newspaper on Tuesday quoted Wardoyo telling members of the House of Representatives' Commission on Agriculture
      210 words
    • Article
      Lock icon Manila confirms USI is scrapping petrochem project
      225 10 Agencies THE Taiwan-based USI Far East has formally announced that it is pulling out of a proposed US$32O million petrochemical plant in the Philippines, Trade Secretary Jose Concepcion said in Manila yesterday. Mr Concepcion said the announcement was made in a letter sent
      Agencies  -  225 words
    • Article
      HK takes lion's share of Japanese investment
      551 11 Singapore ties for fourth place with Malaysia INVESTMENT in Hongkong by Japanese entrepreneurs grew 15.4 per cent to US$l.OB billion in the first half of this fiscal year, making the colony the lead Asian recipient, according to Japan's Ministry of Finance. The South
      551 words
    • Article
      Lock icon China warns against HK airport
      393 11 Reuter CHINA renewed its opposition to Hongkong's proposed new airport on Tuesday, hinting the British colony may be unable to foot the huge bill without dipping into its reserves and accusing the government of deceit. Lu Ping, director of China's Hongkong and Macau Affairs Office,
      Reuter  -  393 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      205 10 ii^■ 1 |L SOLE AGENT SERVICE CENTRE W f/I/I/ T 1 M F. SINGAPORE PTE LTD 435 Orchard Road #12-01 Wisma Atria, Singapore 0923 Tel *****11. Authorised Dealers All Watches Leather Re Ltd Tel *****23 Asia Watch Centre Re Ltd Tel *****08 •C K Tang Ltd Tel *****00 Chew Cheong
      205 words
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      Page 10 Advertisements Column 2
      39 10 The Biggest Offer On Print. I ■■MM -J.'—- Buy An Epson EPL 7100 for $1,990 Anil Get A Free Imaging Cartridge And Memory I Expansion Of 1.5 MB (Together worth c m\f I While stocks last. I EPSON I
      39 words
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      Page 11 Advertisements Column 1
      603 11 You are invited to the "Show of Shows" 3 Some of the latest and most sophisticated computer technologies will go on show when Singapore Informatics '90 opens on December 13 at Singapore World Trade Centre. The exhibition will occupy nearly 20,000 sq.m. in all the three halls (3,4 &5) at
      603 words
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  • THE WORLD 1
    • Article, Illustration
      Lock icon EC to unveil drastic farm reforms next week
      428 12 Aim is to close gap between rich and poor fanners Reuter EUROPEAN Community Farm Commissioner Ray MacSharry has promised to launch a package of revolutionary reforms for agriculture next week. Mr MacSharry, criticised by non-EC farm exporters at last week's suspended Gatt
      Reuter  -  428 words
    • Article
      Lock icon EC poll shows wide support for union
      197 12 AP MOST PEOPLE living withing the European Community want their countries to have unified economic, monetary and foreign policies. According to a Eurobarometer opinion poll taken in all 12 EC states in October, 69 per cent of EC nationals call their EC membership
      AP  -  197 words
    • Article, Illustration
      Lock icon Kohl's govt formation talks to resume in Jan
      346 12 Reuter CHANCELLOR Helmut Kohl will have to wait at least until January to form a new government after his Christian Democrats and their allies agreed on Tuesday to break off coalition talks and resume next year. Kohl and leaders of the Christian
      Reuter  -  346 words
    • Article
      Lock icon Bankruptcies in Japan rose by 23pc in November
      275 12 Reuter JAPANESE bankruptcies with debts of more than 10 million yen each totalled 633 in November, up 23.2 per cent from the same month in 1989, the Tokyo Commerce and Industry Research Co has said. November bankruptcies decreased 2 per cent from
      Reuter  -  275 words
    • Article
      Lock icon US financial firms still face barriers abroad: report
      392 13 Japan, parts of Asia and Latin America cited AP IN SPITE OF progress in Canada and Europe in casing barriers to US financial institutions, serious obstacles remain in Japan and some other Asian and Latin American countries, says the US Treasury Department.
      AP  -  392 words
    • Article
      Lock icon US aid may boost Soviet grain purchases
      412 13 Reuter PROPOSED US food credits to Moscow could lift Soviet grain purchases from current low levels, says the head of the Soviet grain import agency, Exportkhleb. Olcg Klimov said in Moscow on Tuesday that the decision would make American grain sales more competitive,
      Reuter  -  412 words
    • Article, Illustration
      Lock icon Baltic states threatened with food ban
      383 13 Reuter SOVIET officials have reportedly threatened to cut off food shipments to the breakaway Baltic republics to force them back into central economic planning. Lithuanian President Vytautas Landsbergis said on Tuesday that the Soviet planning organisation Gosplan had informed Lithuania, Latvia and Estonia last
      Reuter  -  383 words
    • Article
      Lock icon Payments deficit up 14 per cent in third quarter
      402 13 AP THE DEFICIT in the broadest measure of US foreign trade widened sharply to U5525.59 billion in the JulySeptember quarter, the worst showing since late last year. The 13.9 per cent jump in the deficit was blamed on the fallout from
      AP  -  402 words
    • WORLD WATCH
      • Article
        Britain, Argentina sign investment pact
        67 13 BRITAIN and Argentina, in a further repair of bilateral ties, signed an agreement on Tuesday aimed at promoting and protecting investment in the two countries. The accord, which will come into force "on completion of constitutional formalities" according to an official statement, was signed at
        67 words
      • Article
        Another warning of recession
        86 13 ANOTHER prominent business group has predicted that the American economy will be in a recession in the first half of 1991. The National Association of Purchasing Management Inc, however, expects the recession will end in the second half of 1991. Overall growth will be an anemic
        86 words
      • Article
        Congress must be firm
        91 13 CONGRESS needs to stand firm behind a March I deadline for an international trade agreement in order to assure that meat and grain producers have better access to world markets. The American Farm Bureau Federation said yesterday: "It is probably imperative that the Congress agree or
        91 words
      • Article
        China records trade surplus
        61 13 CHINA recorded a US$9OO million trade surplus last month, assuring that its 1990 trade balance will finish in the black after a big shortfall last year, according to customs figures published in Beijing yesterday. Exports totalled U555.79 billion, outpacing US$4.B9 billion in imports and bringing the
        61 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      240 12 ti w b l< a I I i J Odysseus. > The New Classics. J B< i i < i i < i I I An ingenious idea from the Swiss MASTER WATCHMAKERS WITH OVER 150 YEARS OF TRADITION: WITH THE SPECIAL FASTENING. THE REAL LEATHER STRAP CAN BE DETACHED
      240 words
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      Page 12 Advertisements Column 2
      259 12 A\>oAB3AAAAM (frriwrMMtM A o®^ 11TH AMOASSAAAAAA GOLF TOURNAMENT RAFFLES COUNTRY CLUB, LAKE COURSE FRIDAY, 14TH DECEMBER 1990 IST TEE IQTHTEE Time Ilillfi 12.31 Richard Goh (17) 12.32 Kuok Khoon Kuan 12| Lee Fong Yuen (201 Steven Yong (11 LeowJinTat (221 TeoJooKim (141 Raymond Chew (21) John Kedzierski 9) 12.37 Lim
      259 words
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      Page 13 Advertisements Column 1
      155 13 A test will tell you almost everything. Run a test against time and you will discover the amazing speed of the new Olivetti M29OS. Based on the proven Intel ***** technology, the M29OS clocks a speedy 16 MHZ, outperforming most of its competitors. IH-Put our quality to test and the
      155 words
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  • Article
    Vietnam beckons
    446 14 EDITORIAL VIETNAM is hungry. Not for food, because its belly is full with homegrown rice and meat, but for foreign investments. The country's literary-minded communist party general secretary Nguyen Van Linh has taken many correct economic steps, but has sometimes muddled along the way: foremost among the smart
    446 words
  • WHAT THE OTHERS SAY
    • Article
      Directions for reform
      255 14 PREMIER Li Peng confirmed on Monday that the much-delayed seventh plenum of the 13th Chinese Communist Party Central Committee will be held later this month. The agenda: approval of the next economic five-year plan and strategy for the next decade. But the conference is not likely to
      255 words
    • Article
      Trade blocs fear
      120 14 THE failure of the Gatt talks will not end world trade but it will lead to more trade protectionism and encourage the emergence of trade blocs. The world economy will be endangered and poor countries, in particular, will suffer. France and Germany hate chosen to continue to
      120 words
    • Article
      Food aid for USSR
      115 14 WITH winter coming, the Soviets are now more worried about filling their stomachs than about political reforms. Among Western countries, Germany has responded generously to news of the country's food crisis and its call for help. The European Community and the United States have also agreed
      115 words
  • REGIONAL VIEWPOINTS
    • Article
      Let's communicate
      227 14 THE new director of the Hongkong and Macau Affairs Office, Mr Lu Ping, on Monday made his first substantive statement since taking over the job two weeks ago. He said that erosion of the usual channels of communication was to blame for the often testy relationship between Hongkong
      227 words
    • Article
      The time is now
      99 14 WHAT IS new about last week's deadlock on agriculture is that the world's trading nations can no longer procrastinate. At the previous big meetings of the Uruguay Round there was always the possibility of postponing compromises, even though doing so increased the pressure in subsequent weeks
      99 words
    • Article
      A meaningful contribution
      168 14 WHEN the British historian, Arnold Toynbee, was asked to deliver the BBC Reith lectures in 1952, he chose as the theme of his presentation the encompassing problem: "The World and the West". In a nutshell, that is what modern history is about: How we in the non-Western
      168 words
  • Article, Illustration
    Lock icon Working out a 'green' GNP
    869 14  -  Marlise Simmons reports on a Dutch economist who, for thirty years, has been seeking stricter environmental accounting. Now governments and international institutions are listening to what he has to say Marlise Simmons NYT IN a Spartan office at the Netherlands Central Bureau of Statistics, a
    NYT  -  869 words
  • Page 14 Advertisements
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      120 14 >" j£- t 5 m t4* *'vr&RF S® *S* *K2 I* V re^iSSnKi 'jC? V ;< mm jjß |BHHHHHH^hhhipippppphhhhhbhh rfT v v<i> v- t *Y;V raSHfe*'' &"•s'« *?A' T/: .J '^sr^t? 1 -,*w, Vh'j 3f K^k' Wfyi p|t w. *w*ew -M^. -f' A «J KLM's worldwide network. Stretching across continents.
      120 words
  • Page 14 Miscellaneous
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  • ANALYSIS
    • Article
      Lock icon Iran does a balancing act under Rafsanjani
      846 15 The Gulf crisis has provided Iran with an opportunity to signal to the world that it is no longer isolationist and militaristic NYT TAKING advantage of the Gulf crisis, President Hashemi Rafsanjani of Iran has improved relations with Arab governments in the Gulf,
      NYT  -  846 words
    • Article, Illustration
      Belt tightening season
      1222 15  -  Australia's retail industry is facing its bleakest days since World War 11, reports Florence Chong, BT's Sydney correspondent Florence Chong, IT does not look like the heroes of children and teenagers, the Teenage Mutant Ninja Turtles, are going to be able to revive a very sick retail
      1,222 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      38 15 At last a European service that isrit Mikkeli Mouse. Fly Finnair for a superb twice-weekly service from Singapore to Helsinki and then to everywhere from Mikkeli to Moscow. Call *****77 for details. know Europe from start to Finnish.
      38 words
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  • ADVERTISING & MARKETING 1
    • Article
      Focus tends to be on short-term advertising
      596 16  -  Sangeeta Mulchand takes a look at Malaysia in the sixth of a series of country reports on the Asian advertising industry Sangeeta Mulchand AT first glance, the Malaysian advertising industry has probably never had it so good. Advertising spending soared 35 per cent
      596 words
    • Article
      Lintas wins MasterCard Asia-Pacific account
      521 16 COPY ONES LINTAS SINGAPORE has won the MasterCard Asia-Pa-cific account following a four-month selection process involving top international agencies in the region. The pitch came in two stages a strategic paper followed by a creative. Lintas will be launching a pilot thematic campaign worth US$3
      521 words
    • Article
      Lock icon Mattel lines up partners in new coupon campaign
      728 16 NYT TWO Christmases ago, Mattel shot off a barrage of nearly 600 million coupons through the mail, offering US$l to US$5 off the price of toys like Barbie and Hot Wheels. While bringing the promotional methods of the supermarket industry to the
      NYT  -  728 words
    • Article
      Do you want to stop, stare and remember?
      606 18  -  Sangeeta Mulchand takes a look at radical advertising in Singapore Sangeeta Mulchand WHILE advertising in Singapore gets more sophisticated, a hotly-debated topic remains as to whether Singaporeans arc ready for radical advertising. "Clever advertising may make you stop, think and smile. But
      606 words
    • Article
      Lock icon Truth v bad taste
      97 18 NYT THE LATEST CAMPAIGN for Buckley's cough remedy attempts to offer an example of truth in advertising. The ad, which appears on billboards and bus cards throughout New York City, depicts a horrified woman who is about to sip the stufT from a spoon. The tagline
      NYT  -  97 words
    • Article
      Edelman acquires leading Canadian PR firm
      215 18 EDELMAN Public Relations Worldwide has acquired The Houston Group Communications, a leading Canadian public relations firm with fees of more than US$3 million annually. The transaction cements an eight-year professional association between the USbased and Canadian firms which have worked together under an affiliation
      215 words
    • Article, Illustration
      Drawing the line between bad taste and a clever idea
      325 18 THE controversy over Pan Pacific Hotel's tart ad which held a precarious balance on the "taste" border has almost died down when its two latest ads in the same campaign made more waves. The first shows a man wearing earrings,
      325 words
    • Article
      Lock icon Hakuhodo expanding overseas
      448 18 NYT HAKUHODO, the oldest agency in Japan, is now opening offices in Eastern Europe and expanding its operations in the US. "We want to strengthen the agency internationally and make it bigger," said Yoshitaka Tanaka, executive vice-president of Hakuhodo Advertising America, the agency's US division. With billings
      NYT  -  448 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      51 16 »BHL I II 1 I In II I JH Ifi f fIHM ml I v-*■ FEEL A r ILA FILA SPORTS AND LEISUREWEAR. #0101. ORCHARD EMERALD. 210 ORCHARD RD (OPPOSITE SOMERSET MRT STATION). TEL: *****54. #BM2, LUCKY PLAZA. 304 ORCHARD RD. TEL: *****05. #0132. WISMA ATRIA. 435 ORCHARD RD. TEL:
      51 words
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      Page 17 Advertisements Column 1
      66 17 I 1 \r t II i i T ■'^^PiFllßiJlß^ (■■■■■■■■■■■■■■■■■■■■■■PP i^&&& l! t&tf-r. II iC l^^rU^V^ECjK I I /^g^ZT?lElPK3^k?> W# /zar£ about the quality I of life...and I we search, perhaps I pjj Bwfl unconsciously I it B 7 B v f; Bum 1# do not sell furniture... We sell
      66 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      47 18 The 45 minute lunch To satisfy today's fast paced executive, the Compass Rose introduces the fastest fine lunch in Imaginative daily set menus created with care and flair, taking to so you get back to and course the most spectacular views of Singapore. menu *|pi 3^ 3??
      47 words
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      Page 18 Advertisements Column 2
      389 18 CHOICE COMMERCIAL LAND in KUALA LUMPUR most suitable for Discerning Investors ii—iij I J ALAN SULTAN ISMAIL J ALAN TUN RAZAK IN LAND I Miaow a* area LAND 35,000 aq ft. APPROVED far JO IrrrU Offrr Wr i p-«b4r APPROVED far aar far i St* HatrlL a) 18 atarrr apartment-40
      389 words
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  • SPORTS
    • Article, Illustration
      Lock icon Chang upsets Edberg
      624 19 Grand Slam Cup AP MICHAEL CHANG of the United States upset top-rank-ed Stefan Edberg of Sweden in the opening round of the US$6 million Grand Slam Cup in Munich on Tuesday. Chang, who trailed 5-3 in the decisive set, outlasted Edberg 6-4, 4-6, 7-5 after taking the
      AP  -  624 words
    • Article, Illustration
      Lock icon Nicklaus plans to reduce competitive appearances
      402 19 AP AFTER playing 19 events around the world this year. Jack Nicklaus says he will curtail his competitive schedule in 1991 in order to concentrate on course design and other golf-related ventures. Nicklaus, nicknamed the "Golden Bear," said on Monday at his annual "State
      AP  -  402 words
    • Article
      Lock icon Watson praises invitation to Bloch
      190 19 AP TOM WATSON is praising the Kansas City Country Club's decision to invite Henry Bloch to become a member but will not say whether he intends to rejoin the club. The five-time British Open winner resigned from the 94-year-old private club on Nov 28 when
      AP  -  190 words
    • SIDE LINES
      • Article
        Lewis, Moneghetti win Australian honours
        75 19 SWIMMER Haylcy Lewis and marathon runner Steve Moneghetti have been named Australia's sportswoman and sportsman of 1990. Lewis became the first woman in the 11 years of the awards to win both the senior and junior female athlete of the year title. The Brisbane 16-year-old
        75 words
      • Article
        Slogan banned
        69 19 THE International Ski Federation on Tuesday banned an Aids prevention slogan and logo featuring a condom from the starting numbers at a women's World Cup ski race in Switzerland this week. Religious sensitivity and television rules led to the veto of the unprecedented plan by organisers of Saturday's
        69 words
      • Article
        New bicycle race
        81 19 AN INTERNATIONAL amateur bicycle stage race featuring more than 100 riders and up to 16 teams will be held in West Virginia next June. Officials said on Tuesday that the United States Bicycle Classic was scheduled to begin in Wheeling on June 17 and end 831 kms
        81 words
      • Article
        Tyson jumps into legal ring
        120 19 MIKE TYSON has climbed into the legal ring with Evander Holyfield because the new heavyweight champion does not want to fight Tyson right now. Tyson and the World Boxing Council are seeking to strip Holyfield of the WBC title before his April 19 fight against
        120 words
  • Page 19 Advertisements
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      232 20 WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE AND ENTERTAIN WHERE TO WINE, DINE Didn't I see you at Scandals? Kvcry Thursday: Indies Night. Kvcry Night: The place to see and be seen. Scandals, Singiporc's most sophisticated club and meeting place. For details on membership, call 330 8310
      232 words
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      Page 20 Advertisements Column 2
      239 20 DIAN XIN TEMPTATION! Treat yourself to a Delectable Dian Xin lunch. All-vou-can-eat for only $16.80* jx'r |)erson. Lunch Hours: 11.30 am 2.30pm •Hi |M Hyatt regency (J) Singapore 1" 12 Scwts Kiud Smgapure (Wii Id *****HK A WONDERIAND OF FEASTING X'MAS HVH 24 12 90 (jfc Boulevard: X'mas Buffet Dinner
      239 words
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      Page 20 Advertisements Column 3
      253 20 It's Oldies but Goodies at Club 5! H Let VELVETS CLASSICS bring you down Memory Lane as they serenade you —X with hits of bygone years. dub j \Hvets Mon-Fri p. ri™ (6.00 pm -8.30 pm) "LAZA HOTEL Classics: Sun (From 8.00 pm) Steamboat (Buffet Feast on an array of
      253 words
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      Page 20 Advertisements Column 4
      333 20 o£as6aft> fad "The Dream Unfolds Anew" Let your nights awaken to new wonders. Come back to our dream oasis of music and magic the newly refurbished, invigorated Kasbah where the magical nostalgic past, the glittering present and the shimmering promise of the future meet. Each night is a flight into
      333 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      733 20 TELEVISION AND RADIO 1 SBCI2 Krr,l» Eurythmics: IS BUSINESS OH RADIO I l! 0 \I ArGclXtJ 7.1S PM Brush Strokes (Ep 2). 900 NmatNlM. 645 r t mm BBC, 59.9 mHz in VHF Band II Q J J 8.00 Globe TV A Ticket to the 9.40 The Ray Bradbury Theatre
      733 words
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  • LIFESTYLE
    • Article, Illustration
      Hillary: an advocate of nature
      492 21  -  Anna Teo talks to a man whose values have made him a Gibraltar to those at the Top of the World Anna Teo Mount Evcrest conqueror Sir Edmund Hillary put his head in the clouds again when he stood atop the 16,000-ft Mont Blanc two
      492 words
    • Article, Illustration
      Lock icon Winning the movie sweepstakes
      698 21  -  The inevitable holiday movie targeted at kids is now taking centrestage.Larry Ronter raises the curtain on Home Alone Larry Rohter NYT THE star of the movie is a mere lad of nine, and the story line has been criticised as being implausible and excessively sentimental. But
      NYT  -  698 words
    • Article
      Spend an evening in enchantment
      258 21 WHIRL back to a time when romance, and not sex, made the world go round. A time when movies had fulsome music scores and flimsy plots, where boy meets girl, boy and girl sing and dance through every possible problem before waltzing away into the
      258 words
    • Article, Illustration
      Armand Hammer's namesake: speculation rife after his death
      658 21 CHATTERBOX INDUSTRIALIST Armand Hammer often said he was named after Armand Duval, the hero in Alexandre Dumas' play, Camille. But he conceded later that his father, a socialist, also had in mind the arm-and-hammer symbol of the Socialist Labor Party. For years,
      658 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      232 21 AND ENTERTAIN The Happiest Hours In Town. w I Ik w -Jiy W IWILY IM'I \IM, hoi KS 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 NASSIM Mill,
      232 words
    • Advertisement
      Page 21 Advertisements Column 2
      43 21 Sumptuous Teochew Cantonese DianXin Lunch Daily at Centrepoint: miu*a *05-Hi Centrepoint H >5 Orchard Road Tel: 733 3338 Only on Saturday, Sunday 11 jpjj Holiday at Battery Road:- llliMtll 9 Battery Road *81-00 TEOCHEW CTTY Straits Trading Building Tel: 532 3622 SEAFOOD RESTAURANT
      43 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Singatronics hit in a day of listless trading
      4411 22  -  By Diana Oon RISES in a few key index stocks pushed the Straits Times Industrials Index higher by 7.99 points to a close of 1,184.69. In what dealers described as a day of listless trading, the combined market saw losers outnumbering gainers
      4,411 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4136 23 Main Board Goodwood Park 1550 120 8.4% UOB Foreign 615 25 4.2% Pnma 565 +25 +4.6% ICB 430 20 +4.9% FAN 670 +15 2.3% OUB 476 +14 +3 0% OUBWt 116 +11 +10.5% SIA 200 1070 +10 09% Asia Pacific 875 +10 +1.2% Jurong Ship
    4,136 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      234 24 Company Date Year Group Net Net earnings Gross ann to profit/loss (L) per share dividend (000) (cents) Wing Fai Dec 11 Jun 90 $9.458($19,684) 54(123) 16(16) Pan Pacific Oec 10 Jun 90 $1.49?($1.174) 4 7(48) 3.5(3) Sunshine Allied Oec 10 Jun 90 $3,34«($2.645) 32.3(26 3) 12 5(10) Material
      234 words
    • Article
      PRELIMINARY RESULTS
      124 24 Company Date Year Group pre-tax Net earnings Gross ann to profit/loss (L) per share dividend ('000) (cents) Goodwood Park Dec 7 Sep 90 $32,799(518.722) 47.1(27.2) 651(35) H Msia Dec 7 Sep 90 $3,360(1734) 11 4(2.4) 20(5) C*C Dec 6 Sep 90 $83.197($53,519) 30 8(23 5a) 15(8 5a) C*C
      124 words
    • Article
      INTERIM RESULTS
      301 24 Company Date Half-year Croup pre-tax Interim ann to profit/loss (L) dividend ('000) Choc Products Dec 10 Sep 90 M$l,801 ($1,180) QAF Ltd Dec 8 Sep 90 $1.516($2,996) -<-> Bur will Hldgs Dec 7 Sep 90 HK$11.169($14.008) 25(30) Wharf Hldgs Dec 7 Sep 90 HK$818 9d($692 9d) 125(10 5)
      301 words
    • Article
      CORPORATE DEVELOPMENTS
      367 24 Dec 11 Mn( Court Hotel has clinched a government tender for a 2.2 hectare piece of land in East Coast Road for $21.6 m and plans to develop a condominium protect on it. Indonesia's Summa Group is involved in two hotel projects in Vietnam one in Hanoi and
      367 words
    • Article
      DIVIDENDS ANNOUNCED
      756 24 Current Ex Boofcs Date Total for Total for payment date dose payable the year last year USB 101(b) Ian 4 lan 18 lan 28 10% 12% AMFP NYA Ok 14 tan 3 Feb 15 NYA 281 And SIH 1261(b) Nov 29 Dec 13 lan 21 126% 8%TE Amtefc
      756 words
    • Article
      RESULTS DUE
      848 24 Singapore Stocks Last Full Yoar Conpany Period Date Year Net EPS Gross Net ararced endkig (cents) <tv profit last yea 000) Ltong Mat Interim Mar 30 Dec 89 5351(h) Spore laid Final Nov 3 Aug 90 6 4(a) 75(a) 15.842 CMB Packart* Interun Nov 13 Dec 90 29
      848 words
    • Article
      APPROVED ISSUES
      313 24 Company Rights Issue Cartway hv Threttor four J060 pec share Ei-date Dec 10 Books dose Dec 20 Acceptance Payment NYA CMA Five for four (a, MJ4 00 per share Expiate Nov 23 Books dose Dec 1 Acceptance Payment: NYA Emtei One for-one (a, MSI 00 per share Ex-date
      313 words
    • Article
      PROPOSED ISSUES
      326 24 Company Rights Issue Neon One tor two MJ1 00 per share Issue of 40m Cumulate Redeemable Preference Shares ol M$0 10 each al M$ 1 per share with 10m detachable TSR Bolton One tor tour <q, Mj2 00 per share MC8 Capital Reduchon Scheme to reduce par value
      326 words
    • Article
      BONDS, LOANS & WARRANTS
      685 24 BONDS, LOANS WARRANTS Company Cowvnlon pwrtod Cwiwrrin term If on* ordinary slaw CiC Wt Before 26/4/93 1 warrant plus $3 09 cash Causeway Loan Causeway Wt 2/10/89 to 20/10/94 1 warrant plus $1 cash or 1 warrant pie $1 nominal amount ot loan stock. CkvanHvlMtt Ouar 1*9 Wt March 87
      685 words
    • Article
      RECORD HIGHS & LOWS
      135 24 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 htft 1435 43 (16/7/90) fU/10/90) 1990 km: 981 07 09/11/90) JJJJ jj 1989 h«h; 1322.00 (28/12/89) JJJJ J8J76 (2 J /g9 1989 tow 917.42 (4/1/89) J» J? 1988 N(h; 1043 86 (8/8/88) JJJ Jf 1988 tow: 737.83 (4/1/88) f27/3/W) U-bmet*r
      135 words
    • Article
      COMPANY MEETINGS
      225 24 Pentex-Sdmeizer Circuits Ltd: Bth AGM EGM at the Gateway 5-6, 2nd Level, The Pan Pacific Hotel Singapore, Marina Square, 7 Raffles Boulevard. Singapore 0103 on Friday, Dec 14, at 2pm. Frst Capital Corporation Ltd: EGM at the Board Room, 20 Collyer Quay, #11-01 Tung Centre, Singapore 0104 on
      225 words
  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      125 24 I/£S J feQMIIM@OO r Xmm (%=> dcm ESTATT: acims <01. KID. V > INTERNATIONAL REAL ESTATE CONSULTANTS Sale by Tender |j Section 88 f I Kuala Lumpur SUBJECT /f II (Postal Address: XT W7 I No. 256, Jalan I Ampang, AmpangdTsSs#i&^ uss,an I V I V Courl f "a<, VrfSi
      125 words
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      Page 24 Advertisements Column 2
      100 24 An essential reference for the young starters EARLY LEARNING PICTURE BOOKS This series combines the features of both a picture book and an activity book The child is introduced to a range of words which are grouped around a focal point or shared characteristic. Nine activity pages distributed throughout each
      100 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Uncertain overseas bourses sideline investors
      3957 25 Bernama SHARE PRICES yesterday ended lower on selling pressure and buyers' reserve as sentiment was again affected by mixed signals from major overseas bourses. The KLSE Composite Index slipped below the 500point level to close at 499.02, down 1.50 points from Tuesday's close, while the
      Bernama  -  3,957 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      267 25 Excellent Investment Opportunity in New York, U.S.A. SZSSE LIBERTY VIEW A Building As Outstanding —As The Neighborhood That Surrounds It. Liberty View is the newest addition to the raec "v >n spnog w< fo Liberty Residences. Battery Park City's 0 premier condominiums >^r Continuing the tradition of excellency HKjjjl -<
      267 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei chalks up gains for sixth straight session
      2276 26 Reuter TOKYO STOCKS closed higher yesterday after a day of moderate volatility, gaining on rumours of easier credit, concerted purchases by market makers and index-linked buying. The benchmark Nikkei Index charted its sixth straight day of advances in the heaviest turnover since
      Reuter  -  2,276 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Bargain-hunting helps shares to close higher
      2137 26 Reuter HONGKONG share prices yesterday closed higher on some bargain hunting and active trading on newly listed restaurant chain Yaohan Caterers in an otherwise quiet market. The Hang Seng Index rose 16.17 points to end at 3,160.79 and the broader-based Hongkong Index rose 9.77
      Reuter  -  2,137 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      42 26 THINK! Before you make your move, read EXECUTIVE APPOINTMENTS Business Times Find a new caddy for your clubs Introduce your irons to all kinds of caddies quickly and clean out your store room with a convenient, fastacting classified ad. pi C.A.T.S. 717-11**
      42 words
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  • REGIONAL STOCK MARKETS
    • Thai, NZ and Taiwan stocks fall heavily
      • Article
        AUSTRALIA
        854 27 THE AUSTRALIAN share market yesterday closed slightly higher tor the first time this week, encouraged by confirmation of the Adsteam group's restructuring plans. Brokers said interest was mostly confined to leading industrial stocks, especially the banking sector. "It (Adsteam) wasn't new news but it gave support to the banking
        854 words
      • Article
        BANGKOK
        673 27 BANGKOK share prices dropped 3.2 per cent in active trading yesterday amid profit-taking after a week of steady rises. The Security Exchange of Thailand Index dropped 21.20 points or 3.2 per cent to close at 640.28, ending a week-long rally spurred by hopes of conciliation in the Middle East.
        673 words
      • Article
        JAKARTA
        570 27 IN JAKARTA, pelletising firm Japfa dominated trading, taking the index up 2.16 points to 383.66. Brokers said most of the activity was block deals between local institutional investors. Some 3.03 million Japfa shares were traded on the block board, over half of the day's total. The share price rose
        570 words
      • Article
        MANILA
        519 27 PHILIPPINE shares yesterday continued to post gains for the third day in a row after oil was discovered last weekend at the West Linapacan-I well off Palawan island. But brokers said buying slowed as traders awaited results of further tests on the quantity of its reserves, due late yesterday.
        519 words
      • Article
        NEW ZEALAND
        304 27 NEW ZEALAND shares closed at another six-year low in thin trade yesterday as investors reacted to gloomy domestic economic forecasts and mixed performances by major overseas bourses. "The market has surprised me over the last week or so in that it has had reasons to rally, but has
        304 words
      • Article
        BOMBAY
        42 27 BOMBAY share prices drifted lower in light, lacklustre trading on Tuesday as most market players kept to the sidelines to await new policy announcements. The Bombay Stock Exchange Index fell 18.10 points to 1,196.35. The National Index dropped 5.34 to 585.66.
        42 words
      • Article
        TAIPEI
        363 27 TAIWAN stocks advanced at the open- ing yesterday but the index fell sharply in the last hour due to selling of heavilyweighted financial shares. The Weighted Index lost 258.46 points, or 5.6 per cent, to end at 4,335.26 compared with Tuesday's 4,593.72 finish. Turnover was NT555.6 billion against NT559.5
        363 words
      • Article
        SEOUL
        782 27 SEOUL stocks changed little in moderate trade yesterday after early losses were recouped in late afternoon on rumours the presidents of North and South Korea might a hold a meeting in Moscow. The Composite Stock Index ended the day at 724.51, down 1.05 points from the previous session. Turnover
        782 words
      • Article
        INDICES & TURNOVER
        87 27 INDICES TURNOVER (lose Previous Dec 12 SYDNEY All Ordinaries Index 1,323.6 1.321.0 2.6 All Industrials Index 2,010.7 1,999.7 11.0 All Resources Index 793.5 796.5 -3.0 Turnover (million) 55 90 59.71 -3.81 BANGKOK SET Index 640.28 661.88 -21.20 Turnover (million) 67.12 59.14 7.98 JAKARTA Composite Index ***** 381 49 2.16 MANILA
        87 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        349 27 In local currency In SS In US$ day S year S day year S day year DEC 11 Index change change change change change change World 363.2 0 1 -21.9 0.1 -24.6 -O.I -16.4 JEAFE Europe 480 9 0.0 -29.4 0.2 -28.9 0.0 -21.2 378.5
        349 words
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  • WORLD STOCK MARKETS
    • GM's weakness pulls down US stocks
      • Article, Illustration
        NEW YORK
        1123 28 WEAKNESS in General Motors Corp issues helped push New York stocks sharply lower on Tuesday in slow trading. Traders said that except for GM, which fell after a key motor analyst lowered his earnings estimate, there was no real news to account for the broad decline. The Dow
        1,123 words
      • Article, Illustration
        LONDON
        892 28 IN LONDON, the receding prospect of an interest rate cut before Christmas limited potential gains yesterday. At midday, the Footsie 100-Share Index had gained only 0.9 points to stand at 2,166.7. The weakness of the pound was serving to undermine the optimism about interest rate cuts which had been
        892 words
      • Article
        FRANKFURT
        185 28 GERMAN shares were 1.4 per cent higher at the start of bourse trade yesterday, helped by a carry-over of good sentiment from the bond market and a firmer Tokyo close. The DAX Index of 30 leading shares rose 20.67 points to 1,513.35 by 0945 GMT after ending 12.12 points
        185 words
      • Article
        ZURICH
        269 28 SWISS shares traded firmer but blue chips were under the day's high at midsession yesterday. Dealers said the market took its lead from a firm Frankfurt bourse but volume was light and early buying interest levelled off as followthrough orders failed to materialise. "The market is nervous and without
        269 words
      • Article
        AMSTERDAM
        232 28 DUTCH shares firmed fractionally in another quiet midsession yesterday with aircraft maker Fokker bucking the trend as it fell 0.70 guilders to 33.50. The CBS General Trend Index was 0.1 point higher at 97.7 at 1230 GMT, having earlier peaked at 97.9. On Tuesday evening, Fokker said it would
        232 words
      • Article
        BRUSSELS
        172 28 BELGIAN shares yesterday opened mainly lower an hour later than usual in thin trading as high interest rates deterred investors, traders said. Volume was a thin 219 million francs at 1030 GMT. "Interest rates are high and people are pessimistic about the franc," said one trader. The franc has
        172 words
      • Article
        PARIS
        161 28 FRENCH share prices edged upward at midscssion yesterday in lethargic dealing that was underpinned by a rise in government bond prices. "The market remains very calm but supported by the possibility of a cut in US interest rates," one dealer said. The CAC-40 Index stood 6.17 points higher at
        161 words
      • Article
        MILAN
        212 28 POSITION-squaring and profit-taking continued to knock down Italian shares on the final session of the December trading account yesterday. The MIB Index was down 1.2 per cent at 1000 GMT but rebounded slightly 30 minutes later to show a 0.8 per cent fall. "The market is dominated by technical
        212 words
      • Article
        JOHANNESBURG
        365 28 IN JOHANNESBURG, share prices showed no clear indication of which way the market was headed on Tuesday after a very slow and directionless trading session. Dealers said interest was minimal and remained confined to leading quality issues, adding that many operators seem to winding down their activities ahead of
        365 words
      • Article
        TORONTO
        201 28 TORONTO stocks closed mixed on Tuesday after trading within a ninepoint range in a dull session, dealers said. "The market was getting a bit ahead of itself in hopes of lower interest rates in the US. Now it has got to sit back and wait," said analyst Jack Stacey.
        201 words
      • Article
        STOCKHOLM
        157 28 STOCKHOLM share prices yesterday extended Tuesday's losses and fell broadly in early trade, despite a majority decision by the Swedish parliament to approve plans to seek EC membership, probably in 1991. Swedish credit market yields tumbled after the decision, but the stock market ignored it. "It is a bit
        157 words
      • Article
        Untitled
        45 28 Vienna Dec II Asch Akg Holding 3570 unch E Allgcm (PreO ***** -50 Jungbunzl 9100 50 Laenderbank (PreO 545 +5 Lenzing 1460 -1-20 Leykam 430 -5 Montana ***** unch Ocslcrr. Brau 3630 -20 Scmpent 138 unch Sleyr 169 unch Vcitscher 710 -8 Source: Austrian Laenderbank
        45 words
      • Article
        INDICES & TURNOVER
        93 28 INDICES TURNOVER NEW YORK ClOM Pre>io«K Ox II I)o\* Jones NYSE Financial SAP 500 Turnover (million) 2.586.14 2,5% 78 121 65 122.43 ***** 328.89 145.3 138 65 .1064 -0 78 -245 +665 LONDON Financial Times 30 FTSF 100 Turnover (million) 1.706.0 2,165.8 775.0 1,721.5 2,182.5 314 6 -15.5 -16.7 f460
        93 words
  • Page 28 Advertisements
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Dollar trading slows in Europe as market awaits clearer signals
      1260 29 REPORTS THE US DOLLAR was slightly weaker in very quiet European morning trade yesterday, with the market holding tire for a possible further push downwards after today's Bundesbank meeting and further US economic data at the end ot the week.
      1,260 words
    • Article
      INTERBANK FOREX RATES
      382 29 Cross rates Dec 12 USS SS MS Dm Yen SFr AS NZS USS 1.7135 2.6955 1.4755 132.10 0.5148 1.2635 1 3046 1.6625 SS 0.5836 1.5737 0.8611 0.7709 0.3004 0.7374 0.7614 0.9702 MS 0.3709 63.55 0.5472 0.4899 0.1909 0.4686 0.4838 0.6165 Dm 0.6777 1.1613 1.8275 89.53 0.3489 0.8563
      382 words
    • Article
      MONEY MARKET
      567 29 Interbank rates S$_ Bid Offer I Overnight 4 3/8 4 1/2 1-month 5 1/4 5 3/8 2-month 5 5/16 5 7/16 Vmonth 5 3/8 5 1/2 Overnight mode: 5 Bid (Mfer 7 days 7 1/4 7 3/8 1 month 7 7/8 8 2 months 7 11/16 7 13/16
      567 words
    • Article, Illustration
      Lock icon Don't leave central banks out of EMU talks: Poehl
      536 29 Reuter EC CENTRAL BANK governors want to be represented at an inter-governmental conference on economic and monetary union (EMU) starting this Sunday in Rome, Bundesbank President Karl Otto Poehl said. "We want to be represented in the negotiations, at least as
      Reuter  -  536 words
    • Article
      FINANCIAL FUTURES
      1212 29 SIMEX EUROOOiLAR Open High Low Sett Est Vol Op/lnt Vol Dec 90 92.38 9140 92jl 9138 1450 ***** 1609 Mar 91 92.76 92.78 92.74 92.75 7000 ***** 8277 Jun 91 92.78 92.80 92.78 92.79 1264 7462 2265 Sep 91 92.70 92.72 92.41 92.71 320 3122 1508 Dec 91
      1,212 words
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  • COMMODITIES
    • Article
      Lock icon Opec will have to watch oil supply, says Subroto
      404 30 Reuter THE sccretary-general of Opcc, Dr Subroto, said the producer group would have to be cautious about oil supply in the second quarter ol of 1991. Dr Subroto said the call on Opec oil in 1991 will be 23.19 million barrels
      Reuter  -  404 words
    • Article
      Lock icon Japan to start new law for commodity futures
      277 30 Reuter A NEW JAPANESE commodity futures law will take effect on Dec 29 once the government agrees to detailed regulations, expected later this week, officials at the Japanese Ministry of International Trade and Industry and the Ministry of Agriculture said. The law
      Reuter  -  277 words
    • Article
      KL tin slips despite a steady London market
      832 30 REPORTS THE TIN PRICE on the Kuala Lumpur Tin Market slipped a sen to M 515.24 a kg although trading was steady on the London Metal Exchange overnight. On the LME, tin eased US$5 and dealers said news of a further 1,335-toimc
      832 words
  • Article
    PRICES
    1372 30 Rubber i*c 12 RAS(fcbte bates) S cents/kg Noon Close Int I RSS Prompt 150.75/15I.75N 151.75/152.75 Int I RSS Jan 91 *****/150 50 150 50/151 OON Int I KSS Feb 150.50/151 00 151 00/151 50N Int 2 RSS OP 147 00/149.00N 147 50/149 50N Int 3 RSS OP 142.00/144 OON
    1,372 words
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      790 30 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP 50 IN THE MATTER Of SING Yl PAPER PTE LTO (M KWUt VOLUMTMT MONM*) NOTICE IS HEREBY GIVEN Hal* an Extaadnaiy Garwral Meelng of tw Company oonvanad and Md at 36 Robawon Road #06-01*K City Houaa Singapa* 0106 on 10 Daoambar
      790 words
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      Page 30 Advertisements Column 2
      279 30 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF BT HOLDINGS PTE LTD (In Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act. Cap 50, that a Final Meeting of the Members of the abovenamed
      279 words
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      Page 30 Advertisements Column 3
      7 30 Executive Jobs every Saturday in Business Times
      7 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1069 31 City Flight ETA Flight ETD City Flight ETA Flight ETD Abu Dhabi GA975 1125 KL840 2115 MH613 1850 MH643 1730 GA887 1225 SQI14 1745 KL839 1455 SQ115 2005 MH614 1850 MH617 2050 SQ116 1945 SQ22® 19°° MH619 2135 MH618 2045 2000 SQ117 2205 SQ118 2100 Amsterdam
    1,069 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Readers' preserve to be preserved
      552 31  -  LETTER FROM LONDON By Graham Heathcote THE British Museum's Reading Room, where Marx, Lenin and Gandhi pondered ways to change the world, will remain the hushed preserve of readers and thinkers, the museum said on Tuesday. The announcement ended a half-century of argument over the
      552 words
    • Article
      MONEY CHANGER RATES
      151 31 As at 3pm yesterday: I>ocal dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.3050 1.3250 Canadian dollar 1.4630 1.4850 NZ dollar ***** 1.0600 Sterling pound 3.3100 3.3300 US dollar 1.7070 1.7170 I .oral dollars to 100 units of foreign currency Austnan schilling 16.20
      151 words
    • Article
      WORLD TRADE EXHIBITIONS
      117 31 Duration Title Venue Organiser Tel Duration Title Venue Organiser ICI Jan 11-14 International NordSalon Jan 23-27 International Madrid IFEMA ********** 1991 Household Villepintc International Tourism Trade Appliances Trade Exhibition Professional Fair Show Centre des Arts Feb 4-9 International Netherlands Koninklije (31)30/*****1 Menagers Building Nederlandse Jan 16-20 Tourism
      117 words
  • Page 31 Advertisements
  • Page 31 Miscellaneous
    • Miscellaneous
      Page 31 Miscellaneous Column 1
      147 31 24 Song of precipitation ~~Hj|H —"jST 26 Witchcraft of some exo- ||^H~|^"flH~"bH" ~BB""Hi 27 Speaks of the active and passive (6) 6 Guard transported over 28 His repairs are on the new line (8) YESTERDAY'S SOLUTION house! (8) 7 Charges reported for bun ingredients (8) DOWN 14 Bit if fun
      147 words
    • Miscellaneous
      Page 31 Miscellaneous Column 2
      215 31 Singapore Outlook: Showers over many areas in the late morning and early afternoon. Forecast: Maximum temperature.. 26.TC Assoc humidity 89% Minimum temperature 23.4° C Assoc humidity 100% Hours of sunshine 0.00 Rainfall in mm 21.7 Rainfall this month 130.4 Rainy days this month 8 World forecast Asia-Pacific Hi/I,o* Cond. Auckland
      215 words
    • Miscellaneous
      Page 31 Miscellaneous Column 3
      32 31 rrn a mine op TMe FATMCI? TH£ CONST/ 1 DON'T KNOui Hod OSELCSS if4Fof?rOPIT,ON txJfNS rnPiDiSoH ns\~ f*3b J ou 00 IT T HP<NKS VCRy N -jy Qb ©Evening Standard Co Eh
      32 words
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  • Article, Illustration
    S'pore primary school for HK
    400 32  -  Classes to begin next September From Catherine Ong in HONGKONG SINGAPORE is setting up its first international school in Hongkong next year to offer primary school education to children of Singaporeans and other nationals. The school plans to open in September with an enrolment capacity
    400 words
  • Article
    Taking lessons from Germans and Japanese
    196 32 EDUCATION Minister Dr Tony Tan said yesterday that lessons learnt from the experience of German and Japanese schools, which place emphasis on the mastery of the working language and a firm foundation of mathematics, would influence impending proposals to improve Singapore's primary education. Dr
    196 words
  • Article
    Japanese firms showing interest in Riau islands
    476 32  -  From Genevieve Cua in TOKYO THE Singapore-Indonesian joint promotion mission to Japan ended on a high note in Tokyo yesterday with several Japanese companies, particularly in the chemical and electronics sectors, looking seriously at the Riau islands as a site for their expansion.
    476 words
  • Article, Illustration
    Broad direction is clear for post-NEP years
    809 32  -  The Bottom Line KENNETH JAMES KENNETH JAMES The writer is BT's Economics Correspondent LIKE a champion marathoner sprinting at the finish, Malaysia is ending the final year of its unique New Economic Policy (NEP) in great style. The country looks set to achieve
    809 words
  • Article
    Three clouds over Asia-Pacific
    495 32  -  Alliances and ties put Singapore in good stead, says BG Lee From Yong Pow Ang in PARIS THREE uncertainties hang over the dynamic and fastgrowing Asia-Pacific region, according to Brigadier-Gen-eral (Res) Lee Hsien Loong. On balance, however, the Deputy Prime Minister and Minister for Trade and
    495 words
  • Article
    BG Lee reiterates support for PM Goh
    218 32 BRIGADIER-GENERAL (Res) Lcc Hsicn Loong says he is part of the team of Prime Minister Goh Chok Tong. And he is proud and happy to serve. BG Lcc. who was recently promoted to Prime Minister while keeping the post of Minister of Trade
    218 words
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      142 32 PiageT a mum en iKmxmE mm m GENEVE TL m A rare opportunity to save \/I |J I from 40% to 70% discount IVI I J I l 1 on Cerruti men's and ladies' A I I I I \I |j L I 'tis the season to look your I
      142 words
    • Advertisement
      Page 32 Advertisements Column 2
      102 32 PiageT ai-i turn ENiKmxmiE mm m (ihMVE c~3 r-yrrv Described as "The finest walk in the world" NZ$999 +GST Adult NZ$625 +GST Child (10-15 YRS) o«partt datfy uctft Sunday (Oct Ayr). Transfers Cabins AH meats. Cruises Guide A Certificate HI Greenstone Routeburn Valley Walk 3 days (Historical Maori Trail) Walk
      102 words
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  • Shipping Times
    • Article
      S'pore, Indonesia keen to house Fasa secretariat
      305 33  -  By Selva Kumar SINGAPORE and Indonesia are the leading contenders to house the proposed permanent secretariat for the Federation of Asean Shipowners Association (Fasa). Although Singapore was originally suggested as an ideal home for the proposed secretariat, sources say that Indonesia is also
      305 words
    • Article
      KN forms subsidiary to handle shipping agency business
      353 33  -  By Khaidir Abd Majid KONTENA Nasional (KN), the largest container haulier in Malaysia, has set up a subsidiary to handle its shipping agency business. The whollyowned subsidiary Konnas Maritime Services (KMS) will be launched in Petaling Jaya today. KN chief executive officer
      353 words
    • Article
      Lock icon US-German consortium wins Kansai's US$50m contract
      316 33 FT A CONTRACT for a baggage handling system for the controversial Kansai International Airport project was awarded on Tuesday to a consortium including Austin, a US engineering company, and Beumer Maschinenfabrik of Germany. Competition for the US$5O million contract had been overshadowed by US
      FT  -  316 words
    • Article
      Lock icon Mitsubishi gets Sovcomflot order for 18 ships
      158 33 AFP JAPAN'S mammoth trading company, Mitsubishi Corp, said yesterday that it had received an order from the Soviet private shipping company Sovcomflot for 18 cargo ships worth about 40 billion yen (US$3O7 million) for delivery between 1991 and 1993. The contract is the
      AFP  -  158 words
    • Article
      Lock icon Indonesian car output likely to hit record level
      191 33 AFP INDONESIAN car production this year is expected to soar to an all-time high of 270,000 units, up 54 per cent from the 1989 level of 174,356, an industry spokesman said yesterday. The production figure was still below demand which had unexpectedly
      AFP  -  191 words
    • Article
      Lock icon Volkswagen profits likely to exceed 1b marks
      126 33 Reuter VOLKSWAGEN, Europe's largest car maker, said group net profit in 1990 should exceed one billion marks. In 1989, group net profit surged 33.1 per cent to 1.04 billion marks. However, the quality of its results would be worse than last year due
      Reuter  -  126 words
    • Article
      Lock icon Arianespace criticises its American competitors
      301 33 AP ARIANESPACE SA. the Europcan spacc transport company, marked its 10th birthday on Tuesday with criticism of its competitors in the US. The company also said it is anxious to ensure that satellite launch vehicles made by non-market economies, such as China and the Soviet
      AP  -  301 words
    • Article, Illustration
      KCT expects to handle 500,000 TEUs by year-end
      342 33 THE KELANG Container Terminal (KCT) could be handling nearly 500.000 20foot equivalent units of containers by the end of the year. In the the first 11 months of this year, throughput had already reached 448,784 TEUs, a 21 per cent jump from
      342 words
    • NEWS SUMMARY
      • Article
        Big shake-up at THAI Airways
        39 33 THAI Airways International Ltd has decided on a drastic restructuring of its management in the most spectacular shake-up that will take away most of the powers of its president, ACM Weera Kitchathorn Page 2
        39 words
      • Article
        Gulf crisis hits shipbuilding orders
        39 33 THE GULF crisis is being blamed for a sharp fall in shipbuilding orders across the globe. New contracts have fallen to less than one quarter of their level earlier in the year Page 2
        39 words
      • Article
        PanAm short of cash
        41 33 PAN AMERICAN World Airways, facing perhaps its most serious cash squeeze yet. is expected to ask for an extension of tomorrow's deadline for payment to creditors, officials of the airline and of its creditors said Back Page
        41 words
      • Article
        Multinational crews may jeopardise safety
        42 33 UK SHIP officers' union Numast has claimed that ship safety is being put in jeopardy because multinational crews on some vessels are being forced to resort to sign language as their main means of communication Back Page
        42 words
    • LOG BOOK
      • Article
        Malaysia, China to expand air links
        110 34 MALAYSIA and China have agreed to expand their air links through increased services by their national carriers, a Malaysian foreign ministry official said. Officials of Malaysia Airlines System and the Civil Aviation Administration ot China will meet on Dec 18 to have more discussions
        110 words
      • Article
        Maersk Sea rescues 6 survivors
        47 34 MAERSK LINE said that one of its vessels, the Singaporeregistered motor vehicle carrier Maersk Sea, had responded to a distress call from an Antiguan-registered vessel, the Cterocio, and picked up six survivors. A seventh survivor was picked up by an Italian helicopter.
        47 words
      • Article
        Siemens signs Romanian deal
        76 34 GERMANY'S Siemens has signed a joint venture agreement with Romanian telecommunications group Electromagnetica and the Romanian postal monopoly Rom Post Telecom to produce digital telephone equipment. The new firm will be 49 per cent held by Siemens and 51 per cent by the Romanian firms, it
        76 words
      • Article
        BA's passenger traffic up 4.6pc
        78 34 BRITISH AIRWAYS said passenger traffic rose by 4.6 per cent in November compared with last year which, held back by the Gulf crisis and economic conditions, was in line with growth in October. The slowdown in growth was evident on both intercontinental and shorthaul services,
        78 words
      • Article
        NTT seeks network system
        96 34 NIPPON TELEGRAPH and Telephone Corp said it was seeking applications from both domestic and foreign firms for participation in its procurement of a computer network control system. The Japanese telecommunications giant said the required system would consist of central processing units to generate and manage a
        96 words
      • Article
        Drop in CA's load factor
        75 34 CONTINENTAL Airlines' November load factor fell to 58.6 per cent from 60.4 per cent a year ago. The company said for the year to date its load factor dropped to 60.5 per cent from last year's 61.7 per cent, while revenue passenger miles rose 0.6
        75 words
    • Article, Illustration
      Big shake-up at THAI
      632 34  -  Patcharee Luengutai reports on the drastic restructuring of THAI's top management Patcharee Luengutai THAI Airways International Ltd has decided on a drastic restructuring of its management in the most spectacular shake-up that will take away most of the powers of its president, ACM Weera Kitchathorn. The
      632 words
    • Article
      Lock icon Shipbuilding orders hit by Gulf crisis
      327 34 Lloyd's List THE Gulf crisis is being blamed for a sharp fall in shipbuilding orders across the globe. New contracts have fallen to less than one quarter of their level earlier in the year. Yards are reporting that inquiries for new ships are drying-up
      Lloyd's List  -  327 words
    • Article
      Lock icon WEEKLY FREIGHTS
      693 34 AFP THE FIRM recent trend in the dry cargo market continued over the past week, supported by the Soviet Union's announcement of major food import plans, dealers said. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index finished the week up 103 points at 1.451. although by
      AFP  -  693 words
    • Article
      TRANSPORT DIARY
      269 34 1991 Jan 18: The Fifth Chua Chor Tcck Memorial Lecture on Hull Structural Failures Repairs by Profesor M. Mano. of Kinki University. Japan at the Auditorium. Singapore Polytechnic. Lccturc at 6.00 pm. For further enquiries call Ms Yco at 278-9444. Jan 24-27: Airport. Port and Transport Exhibition APEX
      269 words
    • Article
      THE SHIPPING GUIDE
      13790 42 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advaneed dates are published for a maximum
      13,790 words
    • Article
      SHIPPING AGENTS
      3249 47 i\.BC Containerline NV: Bclsin Shpg Agencies Pte Ltd (SyManne Handling Sdn Bhd (PK/PN). Accord Group: Accord Shpg Pte Ltd (Sy.Accord Contr Line (PK/PN). Adkris Business Corporation Philippine: Calsource Shpg Trdg Pte Ltd (S) Ahrenkiel Liner Service: Kim Shpg Trdg(S). Albatros Sea-Air Service: Frata Shpg Pte Ltd (S). Alfred
      3,249 words
    • Article
      COURIER SERVICES
      244 47 Abacus Couriers Tel: 545 XOll. Fax *****98 Air Express I ravel Tel: 533-5771. Fa*: *****44 Airborne Freight Corporation Tel: 542-8844 Fax: *****16. *****80 Airv»ifl Worldwide Courier Tel: 278-0188. Fax: *****83. AJS Supplies Tel: 748-6322 (2 lines). 747-7421. Fax: *****75. City-link International Tel: 344-3377. Fax: *****50 Cluster link Supplies
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      AIR FORWARDERS
      1484 47 Abex Express Freight Tel: 542-7171. Fax: *****84. Actinic Forwarder Tel: 225-1833. Fax: *****42. Activair Singapore Tel: 542-7822. Fax: *****20. Aerotink 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
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      PORT CONDITIONS
      3214 48 ARGENTINA Buenos Aires; Port busy; several berths available; no vessels loading grain. Sa I oreazo: Four vessels in port of which 3 loading pelletised meal, 1 grain; no vessels in roads. Rosario: No vessels operating, 1 vessel in roads awaiting orders to load maize. Villa Constitucion: Two vessels
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      Lock icon SHIP SALES & TANKER RATES
      628 48 SHIP SALES TANKER RATES Reuter. AFP VESSELS SOLD FOR FURTHER TRADING BulK carriers Iron Capricorn: 35,224 dwt and built 1975. sold to Greek interests for about U554.25/$4.5 million. Lokris: 29,095 dwt and built 1973, sold to Greek interests for US$3.5 million. Maritime Bravery: 15,698 dwt and built 1976. sold to
      Reuter.; AFP  -  628 words
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      AIR FREIGHT SCHEDULE
      547 48 ARRIVALS DEPARTURES Op Flight l)pe ETA I From Op Flight Type ETD T To TODAY TODAY KAL KE697 B747F 0220 I SEL KAl. KF.697 B747F 0450 I BKK NCA KZ203 B747F 2005 I NRT SIA SQ822 B747F 0540 2 BOM/LON FDX FM75 B747F 2235 I ATL/BOS/JFK/ ANC/NRT/TPE
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      CRUISE & FERRY SCHEDULES
      381 48 CRUISE FERRY SCHEDULES Arr Pep Name of Vessel ETA ETD Fort Agent Ports of Calls DECEMBER 13 13 Andaman Princcss 1300 1700 Lines International Cruise-to-nowhere 13 14 Ocean Pearl 0800 1800 Reefer Lines Semarang-Sepa-Klang-Bangkok 14 14 Andaman Princess 1500 1900 Lines International Cruise-to-nowhere 15 15 Cora Princess 1000 1800 Sembawang
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    • SHIPS IN PORT
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        AT CONVENTIONAL WHARVES
        620 49 Voy Kb Berth Anivai D«p*1ue Keppel Wharves Gene lik 3/90 K34 alongside 1312/0600 Li Heng 15 K32 alongside 17 12 0600 Shaplaeveret 4t K30 alongside 14 12/2300 Trans Fprd 1838 C09 alongside 1212/2000 Xinheng 9006 K33 alongside 14 12/0600 1 Andaman Pees 08,90 (P) K36 1212/1100 1212/1500
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        CONTAINER SCHEDULE
        1318 49 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rstts Slap Voy No Etb/Btr Period From To From ACX Lily 5A 15/2100 3 13/0700 13/1159 13/1400 4 13/1200 13/1459 13/1700 An Fremantle ***** 13/1500 1 12/1500 12/1659 12/1900 Anson *****N 14/1100 2 12/1700 13/0659 13/0900 4 13/1200
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        IN MALAYSIAN PORTS
        354 49 Port Klang Berth at South Port on Dec 11: 1 ml; 2: Global Venus; 3 Hansa Merchant; 4; ml; 5: ml. 6: nil; 7; Pac Samudra; 7A Yong Hua; J.Shell Petro Mewah, Bandung KCT: 8: Eagle Breeze, 9: Tikon Kiselev; 10: nil North Port: 11 Ribuan Jaya.
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        DAILY FREIGHTS
        951 49 CHARTERING on the dry cargo freight market on Tuesday remained quiet with few fresh fixtures emerging but rates are still steady to firm, brokers said. "Rates might show a slight decline coming up to Christmas due to quietness rather than anything else," one broker said. The Baltic Freight
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    • Article
      Lock icon PanAm may seek to extend payment deadline
      372 50 NYT PAN AMERICAN World Airways, facing perhaps its most serious cash squeeze yet, is expected to ask for an extension of tomorrow's deadline for payment to creditors, officials of the airline and of its creditors said on Tuesday. The deadline for payment of
      NYT  -  372 words
    • Article
      Lock icon IMO to raise members' contributions
      323 50 Lloyd's List THE financially-troubled International Maritime Organisation (IMO) is increasing the contributions of its member countries by an average of more than 10 per cent next year to cover the rising cost of operating its London headquarters. The organisation said its decision to increase its
      Lloyd's List  -  323 words
    • Article
      Lock icon KPC to press ahead with fleet expansion
      194 50 Lloyd's List THE KUWAIT National Petroleum Corporation is to press ahead with plans to boost its liquid petroleum gas (LPC») carrier fleet despite the current Gull crisis, the 14th Gastech conference in Amsterdam heard. Kamel Harami, manager for supply and commercial marketing, said
      Lloyd's List  -  194 words
    • Article
      Lock icon Multinational crews said to jeopardise safety at sea
      412 50 Lloyd's List UK SHIP officers' union Numast has claimed that ship safety is being put in jeopardy because multinational crews on some vessels arc being forced to resort to sign language as their main means of communication. Numast says urgent action must
      Lloyd's List  -  412 words
    • Article
      Reopening of LA shipbuilding facility
      151 50 THE LOS ANGELES Board of Harbor Commissioners has authorised Fort statY to negotiate exclusively with Los Angeles Shipyard (LAS) to reopen the shipbuilding and repair facility formerly operated by Todd Shipyards Corp in the Port of Los Angeles. Negotiations will focus on reopening the facility
      151 words
  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      99 33 SSWEE HENG METAL CO PTE LTD No. 13, Tuas Avenue 14, S*PORE 2263 FAX: 861 -2946 TEL: 861 -5855 (5 LINES) TLX: RS ***** SHMCPL SoteAger* CIFA FOR SALE OR LEASE SELF-CONTAINED FLOATING DOCK (built In 1979 In Hie USSR) i .1 over keel blocks 100 m Lifting capacity 4,500
      99 words
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      Page 33 Advertisements Column 2
      51 33 Air Forwarders 15 Air Freight Schedule 16 Container Schedule 17 Courier Services 15 Cruise Ferry Schedules 16 Daily Freights 17 lnde» to Advertisers 3 Port Condrtions 16 Shipping Agents 15 Shipping Guide 10.11 SNpsales/Tanker rates 16 Ships in Port 17 Singapore Tides 17 Weather and Sea Conditions 17 Weekly Freights
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      88 34 FOR SUCCESSFUL MANAGEMENT OF YOUR business^ Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
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      Page 34 Advertisements Column 2
      10 34 I he Coekett bunker report was not available at press-time
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      Page 35 Advertisements Column 1
      1888 35 e— "SBBSnHT"^"""""" JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpoint. S'lgapof 0208 MMIWH All IF/ Tel *****11 TELEX NO ***** vcmn TERMINAL CFS Tel *****18 220 PBftflflflyl BOOMNGS Tel *****34 235 L Vmr .J »esaka jardine shipping agencies son bho PORT KELANG TEL *****18 TELEX MA***** MA3S7OI PENANG TEL
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      Page 35 Advertisements Column 2
      499 35 U *L TO ADVERTISERS ABC Containerline 13 Accord Group 8 Albatros Sea-Air 14 APL 5 APT Line 13 Arrow Lines 9 ASCL 5 ANL 3 Anns Shpg 6 I B Bait Canada Line Bait Orient Line 7 Bangladesh Shpg 8 The Bank Line 9 BBS 4 Beacon 6 Ben Line
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      Page 35 Advertisements Column 3
      2158 35 ■Bimwii NEXT VESSEL TO USA MARIE MAERSK V.9102 ETA 18/12/90 Vessel Voy ETA j ETO 'Port 'Penang 'Lin M 9101 connecting Singapore Keiang DESTINATIONS at HKG onto Ma'en M 9102 Th.s wee* Mar»e M 910? Closing Time Feedtor by m Farco ft CFS 17/1? 2300 MRS M Tauro OAK LGB
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      Page 36 Advertisements Column 1
      1160 36 o ROTTERDAM/ VOY NO S PORE PKf LANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HAMBURG EXPRESS 99/549 13/12 7/1 J" 3/1 3, 7 1 2 KURAMA 08/553 16/12 2" 4/1 "J KOWLOON BAY 96/552 20/12 ,4/ ,0 DOLORES 01/556 21/12 9" Mt OSAKA BAY 97/555 27/12 2'" '5/ 17/1 14/1
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      Page 36 Advertisements Column 2
      582 36 DIRECT SOUTH PACIFIC SERVICE SIN NOl SUV PPT SEASPAC I 25-2H/I2 10/1 12/1 17/1 ALSO ACCEPTING CARGO YIA SUVA TO lAUTOKA PAGO PAGO APIA NUKUALOAfA DIRECT CHILE SERVICE SIN KiU ANF VAP SEASPAC I 25-28/12 30/1 31/1 3/2 Also accepting Cargo to CalUo (Peru) vi* Valpa Agents: SINGAPORE: KH0456 Vp|-"SAKA
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      Page 36 Advertisements Column 3
      1097 36 raWt*M£kBM4& StMStB j' 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) NORASIA SINGA 9041-3 16/12 07/01 09/01 12/01 13/01 14/01 15/01 16/01 15/01 NORASIA AL MUNTAZAH 9042 3 24/12 14/01 16/01 19/01 20/01 21/01
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      Page 37 Advertisements Column 1
      1782 37 Steamers Maritime Holdings Ltd ,I> PfrO MTW straits shipping ■ML Singapore to BrMMI, East Malaysia. Containers ,i m Voy No P Klang S poie S ton H'buig B'haven flam leti ACCEPTS DUE SAILS HAMBURG EXPRESS 99 549 S PAE 0712 13,12 HOI 02 til 04/01 31/12 0701 CARGO MNMONBAV *»2
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      Page 37 Advertisements Column 2
      1790 37 TO: EUROPE TO: FAR EAST SPORE MX MO COB BU SP IN (to* MAM B HVN BRE FIX HANIIN ROTTERDAM OltE 11/12 70,12 21/12 7417 27/12 CHOYANC GLORY JO7W 1«12 7/1 3*l 4/1 M %1 I CHOYANC VICTORY 00IE 2S/12 7*12 ItlU U/12 CHOYANC SUCCESS 017W ***** VI 101 11,1
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      Page 37 Advertisements Column 3
      405 37 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC YOUNG ASIAN ASEAN CHALLENGER SOLDIER STAR TRAOER VOY NO i 9 116 6 S port In Pt 13/12 11/12 17/12 P Kelang 13/12 IS/12 20/12 Yangon 17/12 Mongla Chittafong Calcutta Yokohama 25/12 3/1 10/1 Nagoya 27/12 1/1 VI Osaka
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      Page 38 Advertisements Column 1
      635 38 M CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE TO EUROPE VSIVOY S PORE ROAM ADAM H BURG BREMEN ANTWERP KUTAinwe w rn m aw g MAT ARAM, 28NB |JW 1,1 FAST TRANSIT TIME ACCEPTING BREAK BULK/CONTAINERISED CARGO Sub|ect to Inducement AI»o accepting cargo to Casablanca. Port Said. Port Alexandria. Genoa. Trieste.
      635 words
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      Page 38 Advertisements Column 2
      802 38 |<>hHANJIN SHIPPING j V/W j FULL CONTAINER SERVICE fwl 1 ™Tr?? T) =£.».«< IHlrSs. lis 88 CHOYANG SUCCESS 012W 221? 191 101 111 111 HI 14 1 CHOYANG VICTORY OOU 25/12 H LEHAVRE 0111 21.1 21 HANIIN HAMBURG OWW 29,12 116,1 17 1 18,1 181 20,1 21/1 HANJIN LEHAVRE 011E
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      Page 38 Advertisements Column 3
      97 38 EUROZONE FREIGHT SERVICES PTE LTD \ttVi NO JO. UAXWtIL B0«0 •<? 03 MAXWCU. MOUV S»«APC** 0I0» m mwi«l»«S) f« ms<rt tlx*sj«motmsm Weekly Express FCL LCL CONSOLE SVCS. TO/FROM TAIWAN HKG BKK USA UK EUROPE Services To: RRUNKI, E. MALAYSIA K. EAST PORTS PROVIDE INT I TRUCKING DOOR TO OOOR SERVICES
      97 words
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      Page 38 Advertisements Column 4
      1344 38 f i T-j —ngrr^^ PKL SCP HKC KSG KLC PUS MKT OS* SMI TYO LAX CHS BAI NYC LHV ANN RDM THP HBC SGP I E GATHER RE-033 1312 14/12 I*l2 20/12 22/12 25/12 27/12 2*, 12 ***** 30/12 12/1 24/1 261 27/1 5.2 6,2 7/2 *2 3/3 E CRACE
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  • Page 39 Advertisements
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      Page 39 Advertisements Column 1
      1886 39 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 mm 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 nii 1D iwii K.t. (03) *****33,
      1,886 words
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      Page 39 Advertisements Column 2
      1240 39 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VO'AOt [SPQWt [MANILA HHOWC VOTAGE SPOOE PKLANC HBURG B HAVEN TILBURY
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      Page 40 Advertisements Column 1
      1519 40 Q K LINE KAWASAKI RISEN RAISHA. LTD. EXPORT N. AMERICA-PACIFICSOUTH-WEST IMPORT N. AMERICA PACIFIC SOUTH-WEST '""gaWoCE vpr -.«00 -PK,PNC RcTI JWTHERVeJT VOY LB OAR CHI 7 /SSoa IT ST "l 2TI [ffiS WUWIOGET j frffmSPSa irnr u K H iH Si? k n Itlf w HENRY N BRIDGE 19 2111
      1,519 words
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      Page 40 Advertisements Column 2
      1204 40 PHIU-Ottl€NT UN€S PT€ LTD V 108 ROBINSON ROAD #0/ 00 GMG BUILDING SINGAPORE 0106 TEL *****00 TELEX RS ***** PHILI FAX *****76-*****38 BY AIR, LAND OR SEA WE TAKE ON THE WORLD FOR YOU MEMBER OF SINGAPORE FREIGIfT FORWARDERS ASSOCIATION ifii UtC MONTREAL, OTTAWA, TORONTO, VANCOUVER, S'WESTERN ONTARIO. 16 DEC
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      Page 41 Advertisements Column 1
      1599 41 PACIFIC INTERNATIONAL LINES (PTE) LTD B PIL Building, 140 Cecil Street #03-00, Singapore 0106. |JAKARTA 1 1 BANGKOK 1 VESSEL vov sin CIM VESSEL VOV SIN BKK SIN EDEN 9042 15/12 17/12 22/12 SEA GLORV 14/12 17/12 21/12 EDEN onli ra ml 9 Ml 9 PEGASUS PIONEER 111N IS/12 It/12
      1,599 words
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      Page 41 Advertisements Column 2
      1198 41 f BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE PKLANG SHAMPTON HAMBURG BHAVEN R'DAM L HAVRE Hamburg Express" 99/549 In Pt 5/1 1/1 3/1 31/12 4/1 Kurama 08/553 15/12 Via MNR 2/1
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      Page 41 Advertisements Column 3
      339 41 mm* MYANMA pUk RVE STAR LINE V» (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.KIg Pen P.Gdg HPA-AN VIS7W In Pt AVA VIOSW 15/17 Dec In Pt PAGAN VI6SW 23/25 Dec PATHEIN VIOBVK 24/28 Dec 28/31 Dec THE BANK IINE (A service of Andrew Weir Shipping) SEMI-CONTAINER SERVICE HEAVY
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      Page 44 Advertisements Column 1
      909 44 INTEGRATED CONTAINER SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FLX BRV 7 RDI* ANT HBli JAPAN SEN WFIOI In Pt 5/1 6,1 8,1 *1 BREMEN SEN Wf 102 23/12 IS/1 16/1 18(1 19/1 CARMEN CARINA WMIO2 74/12 17/1 16/1 191 18/1 15/1 ARABIAN SEN WFIO3 2S/12 17/1 18/1
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      Page 44 Advertisements Column 2
      1139 44 CRYSTAL FREIGHT SERVICES PTE LTD TEL: *****88/*****22 OUR CONSOLIDATION SERVICES TO: EUROPE IifDEC 22 OEC LONDON ROTTERDAM FELIXSTOWE ANTWERP SOUTHAMPTON HAMBURG MANCHESTER LE HARVE AND ALL EUROPE INLAND DESTINATIONS FAR EAST F>ORT KELANG 21/2 28/12 MANILA ***** ft ***** PENANG 21/12 ft 28/12 BUSAN 15/1? ft ***** BANGKOK 15/1? ft
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      Page 44 Advertisements Column 3
      315 44 LOADING FOR VESSEL SPOKE CBO DSN BAIMS BVIOEO RIO STS VIT PAOJA MOSTWEEN I 18,12 23,12 VI W Mfl OPT Y *082 ALSO LOADING FOR BUENOS AIRES Regular BBulk and Container Service Direct to Turkey, Red Sea I Med Ports. Sport P Mi»nj Penjnj loading for GENCLIK V 3» IN
      315 words
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      Page 44 Advertisements Column 4
      1302 44 '"C t fSi &S] > CHINA OCEAN SHIPPING COMPANY FULL CONTAINER LINER SERVICE 2. MISTRI ROAD, HMC BUILDING TELtx R v s *5"£ OSH,P #15-00. SINGAPORE 0207 rARI F fnsTAfM inf CR NO **********0 M CABLE COSTARLINE General Agents: OOSTAR SHIPPING PTE LTD TO EUROPE FROM EUROPE VESSEL VOY SCP
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      Page 45 Advertisements Column 1
      891 45 NIHON-ASIA CR **********0N TEL: *****22 FAX: *****86 Competitive Rates!! ETA USA \II IPI lh'stns 15/12, 22/12 I EUROPE all Ports 15/12, 22/12 BANGKOK 15/12, 18/12 HONGKONG/CHINA 15/12, 19/12 SYD, MEL, ADEL, BKIS 16/12, 24/12 FREMANTLE 18/12, 27/12 MANILA 21/12, 28/12 PKLG/PENANG 16/12, 23/12 Port Kelang Branch Tel: *****21/2/3 Fax: *****24
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      Page 45 Advertisements Column 2
      257 45 RICHFIELD MARINE AGENCIES (S) PTE LTO TEL: *****33 (12 Lines) m FAX: *****15/*****03 j+l TELEX: RS ***** RISHIP (3 Lines) ETHIOPIAN SHIPPING LINES I (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTFONAL VESSEL VOY EIA I LOADING FOR worn ABBAV WON I IVOI DARESSAI AAM MOMBASA DJIBOUTI ASSAB MASSAWA NETSANET
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      Page 45 Advertisements Column 3
      859 45 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED 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 VSL VOY SIN JKT PAJ SIN OKUNOZE
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      Page 45 Advertisements Column 4
      567 45 BANGKOK CEBU/MANILA I VOY BANGKOKn |VESSa I VP, SPORE CEBU MANILA JtWUWK 15!?! lnPt W SD STAR SOS 14/12 20/12 22/12 NANTA BHUM 19N Thur ln w S"" Wl2 KITI BHUM SIR 21/12 27/12 29/12 SIRI BHUMf 473N Fn 14/12 Mon 17/12 SO. STAR 52S 28/12 3/1 5/1 AHA BHUM
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      Page 45 Advertisements Column 5
      408 45 TO AUSTRALIA/NEW ZEALAND VSL sin |Ff«! Seb ls»S [Suck [nPE |p 5m5 TNT EXPRESS JO Ti lil HI 2il »1 V 2 3/2 I HUOIG 2M 2*l si iu i? 2 22/2 »2 BRUSSEL 245 SI 237 1?3 V 3 103 13/3 C VEROLUE 2W "jjj iOT lil m 2V3
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      Page 46 Advertisements Column 1
      1243 46 rn. A m MAC-NELS SINGAPORE EXPORT TEL: *****22 IMPORT TEL: *****02 j HBttfIUHIPENANG TEL (04 *****6 KK TEL (088) *****0 i JAWAU TEL (089) 7/86/9 I Hp KELANG TEL (03) *****77 KUCHING TEL (08?) *****31 SKAN TEL (089) *****2 l~|\-/\ llj bAHRU TEL (07) *****2 SIBU TEL (084 *****2 LABUAN
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      Page 46 Advertisements Column 2
      414 46 frj|l lliml I|T» BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINKRISEI) MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER. WELLINGTON. BLUFF. CIIRISTCHURCH. DUNEDIN, LYTTELTON. INVERCARGIL, FIJI ANI) TAHITI SIN N PLY AUCK IYT MULBERA 18S 15 Oet 25 Dec Vu
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      Page 46 Advertisements Column 3
      1412 46 /3EI THONG SOON LINES PTE. LTD. I 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 VOT £TA O§ST VESSEL VOY ETA PEST KIM SOON LI 48/90E 14
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      Page 48 Advertisements Column 1
      18 48 Find out how sellers are reaching out to buyers in Advertising and Marketing. Every Thursday in Business Times.
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      Page 48 Advertisements Column 2
      61 48 Orient Bcjlk Lihe KKU SIN PKL D€STN LANCELOT 15/12 18/12 ROT(FLU)/ANT SPIRIT/***** (ZEE)/HUL SINGA WILSTREAM/***** 22/12 25/12 ROT(H.U)/ANT |ZEE)/UK(HUL) VESSEL VOY NO JKT SUB SIN BRISB SYD MELB WATERSCHOUT 302 11/12 09/12 In Pt 22/12 25/12 29/12 WATERMOLEN 105 22/12 24/12 05/01 08/01 10/01 WATERTOREN 205 02/01 05/01 17/01 20/01
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      Page 48 Advertisements Column 3
      53 48 Tel: *****27 Fa*: *****30 Tta: RS ***** INETCO CR No: imseaooooK VESSEL VOY NO SIN MAA CAL TIGER RIVtR II3CNB 14/12 21/12 TIGER BAY 139* 15/)2 21/ ,j TIGER CREEK 114CNB 23/12 30/12 TIGER STAR 140N 21/J2 27/12 TIGER RIVER 11SCNB 29/12 OS/01 TIGER BAY 141N 29/12 04/01 TIGER CREEK
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      Page 48 Advertisements Column 4
      132 48 r^~7 JESSELTON PW TO 5 Skntaa Wif UIC BalMtif #15 09 S'ptra 0106 —I Tatar RS ***** Fax *****37. Tal *****88 ACCEPTING CARGO ETO ETA ETA ETA AT PPT PS SPORE MUARA LBN KK APRIL GLORY V34E90 Sailed 14/12 15,12 16,12 EASTERN GLORY *33E "90 14 15,12 16,12 19,12 20
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      Page 48 Advertisements Column 5
      64 48 INTEROCEAN V M J LINE 78, 2nd Floor, Jalan 2/71, T»m«n Tun Or. Ismail, ***** KL. Tal: *****34, *****94, *****29 TUX. NO. MA-***** FAX: 03-*****11 Penang Oft: Tal: *****7. *****2 LCL/FCL LOADING FOR AUSTRALIA SYD. MELB. ADE. BRIS. FREM UK/EUROPE LE HVE, HBG. BREMEN. R DAM. GENOA. ANTWERP. UK PORTS
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  • Page 49 Miscellaneous
    • Miscellaneous
      Page 49 Miscellaneous Column 1
      465 49 TIDES AND WEATHER TODAY'S TIDES (he#t in metres) HOUR 0000 0100 0200 0300 0400 0500 0600 0700 OSOO 0900 1000 1100 1200 1300 1400 1500 1600 *****800 1900 2000 2100 2200 2300 Ifi 16 1 4 13 13 14 1 7 2.1 24 26 26 24 21 1 7 13
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      Page 50 Advertisements Column 1
      331 50 CHARTPOINT Every Saturday in Business Times VSL VOY ETA SIN ETA P.PNH SENTIASA 15/90 12/12 25/12 TONG SERN 10/90 20/12 31/12 For Enquiries Call CALVIN HO/DANY LAU HIAP hoe shippng enterprise »/ll i TCL: *****66 FAX: *****10 \IIJy TLX RS ***** HHSHPG PT. PELAYAfIAN. SAMUDRA AGUNG PERFECT 1505 13/12 BATU
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      Page 50 Advertisements Column 2
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