The Business Times, 1 June 1989

Microfilm: NL16652
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI <P> 45/12/88 THURSDAY, JUNE 1, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    255 1 Dow Jones down THE NEW YORK stock market was mixed in moderate early trading yesterday. The Dow Jones average of 30 industrials was up 2.94 points in the first half hour but turned lower to show a 3.49-point loss at 2,472.06 by 1430 GMT. AP Footsie down
    255 words
  • Article, Illustration
    HK plunges, Tokyo hits new high
    205 1 SHARE PRICES in Hongkong and Sydney closed sharply lower yesterday in contrast to a record close in Tokyo. The Hongkong stock exchange's Hang Seng Index plunged 61.59 points to 2,743.87 on a selling spree sparked by heightened nervousness over the political upheaval in China.
    205 words
  • Article
    Lock icon US leading indicators index up 0.8pc
    131 1 Reuter THE US GOVERNMENT'S main barometer of future economic trends, the index of leading indicators, rose 0.8 per cent in April after two consecutive monthly declines, the Commerce Department said yesterday. The index, which is supposed to reveal the direction of the economy six
    Reuter  -  131 words
  • Article
    Lock icon US exchanges plan to launch memory chip futures contracts
    561 1 FT Reuter FUTURES traders in the US aim to chip in to a new multi-billion dollar hi-tech market. Until now they have concentrated on commodity and financial products but two stock exchanges have come up with plans to create a market
    FT; Reuter  -  561 words
  • Article, Illustration
    Thai Embassy redevelopment project attracts 19 bidders
    551 1  -  OUB TIPPED AS A FAVOURITE By ELAINE KOH and LEE HAN SHIH THE $500-million fight to redevelop the Thai Embassy site in Orchard Road drew to halt yesterday as 19 contenders submitted their proposals, with the Overseas Union Bank (OUB) group tipped as
    551 words
  • Article, Illustration
    SMEs to give feedback to govt on masterplan
    256 1  -  By J< JAYARAM MENON SMALL and medium-sized enterprises (SMEs) are to have an opportunity to respond to the Masterplan for Small and Medium Enterprises, unveiled by the government earlier this week. The Feedback Unit has invited 30 people, comprising representatives of the
    256 words
  • Article
    Work closely with SMEs, BG Lee urges academic institutions
    390 1  -  By WALTON MORAIS THE TRADE and Industry Minister yesterday called on academic institutions to take an active role propelling Singapore enterprises onto the global stage. In technology, academic institutions need to go beyond pure research and work closely with local small
    390 words
  • Article, Illustration
    Lock icon Uno accepts LDP's offer to succeed Takeshita
    226 1 AFP JAPANESE Foreign Minister Sousuke Uno has accepted an offer from leaders of the ruling Liberal Democratic Party to succeed Noboru Takeshita as Prime Minister, party officials said yesterday. The premiership was offered to Mr Uno, who is currently in Paris for a
    AFP  -  226 words
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      136 1 yv fßurberrysl 5 tMCD jc >. t jmk* i* «irfe^ Reigns when it pours 4 K HCW GREAT ffOFIC AND SIFS GIVE SMALL COMBINES A MO LIFT. As the Small Industries Finance Scheme (SIFS) specialists, Great Pacific Finance can help small companies get big ideas off the ground. In fact,
      136 words
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      Page 1 Advertisements Column 2
      205 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment 10 Moulding upright citizens Aussie exporters 10 Insurance cover for the plucky US trade policy 11 Towards economic nationalism Hotel Prop 2 First local outlet in Orchard Place Lum Chang 2 Seeking majority stake Computer piracy
      205 words
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      Page 1 Advertisements Column 3
      19 1 On Back Page Chinese farmers and workers show support for government Million form human chain to support China students
      19 words
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      Page 1 Advertisements Column 4
      78 1 TOTAL TRANSPORTATION SERVICES te1:265-3833 CROWN PACIFIC J Matheson takes 70pc stake In Colliers, PAGE 2 MELW A N THE MEN'S FASHION STORE OJN DAD «*> >X > Q& HE v Yvv" >< \\Z\ Oa> CAN p9 v BE v» N OF PANCALDI«. B WV. STEFANO RICCI Yys n* VALENTINO \-UP
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  • HOME NEWS
    • Article, Illustration
      Hard Rock Cafe coming to town
      705 2  -  Hotel Prop planning first local outlet in Orchard Place By WILLIAM CHIA HOTEL PROPERTIES LTD is planning to start the first local outlet ot a phenomenally successful worldwide rock music cafe chain known as Hard Rock Cafe in Orchard Place. Hotel Properties, which acquired
      705 words
    • Article
      Japanese airline sending team to select ground handling agency
      257 2 JAPAN AIR SYSTEM (JAS) is to send a study team to Singapore in mid-June to decide between Changi International Airport Services and Singapore Air Terminal Services as its ground handling agency. Mr Hiromi Funabiki, the JAS senior vice-president for sales, yesterday
      257 words
    • Article
      Progress on proposals by Advisory Council on Sport and Recreation
      200 2 MORE THAN HALF of the 43 recommendations of the Advisory Council on Sport and Recreation are now being implemented and this will help improve the quality of sports participation, the National Development Minister said yesterday. Speaking at the Sports Awards
      200 words
    • Article
      Former envoy named NUS Pro-Chancellor
      186 2 FORMER DIPLOMAT Dr Maurice Baker has been appointed a Pro-Chancellor of the National University of Singapore. His appointment by the Chancellor, President Wee Kim Wee, brings to three the number of Pro-Chancellors in the NUS. The other two are High Court Judge Dr A P
      186 words
    • Article
      Ex-civil servant to help tackle drug problem in Malay community
      176 2 the PRIME MINISTER has appointed Mr Harun Ghani, a former civil servant, as part-time political secretary to the Minister for Home Affairs starting today Mr Ghani. 54. was a specialist writer on Islamic religious knowledge with the Curriculum Development Institute
      176 words
    • Article
      Petrochem stake cost Shell $570m; QCs cost govt $53,000
      318 2 WRITTEN REPLIES TO PARLIAMENTARY QUESTIONS THE GOVERNMENT received $569.5 million from oil giant Shell for the sale of its stake in three companies in Singapore s petrochemical complex. The Finance Minister, Dr Richard Hu, disclosed the sum in a written reply
      318 words
    • Article
      Corrections and clarifications
      44 2 IN YESTERDAY'S parliament report, "Why HOB is raiaing car park charges", it was stated that the fees for HOB and URA residential season parking will go up from August 1. In fact, it starts today. We are sorry for the error.
      44 words
    • Article
      Lum Chang seeks majority stake in oceanarium firm
      345 2  -  By JOCELYN TOH HAVING BAGGED the $12 million contract to build the Sentosa oceanarium project, Lum Chang Holdings is now negotiating to be the majority owner in Underwater World Sentosa Pte Ltd (UWS) the oceanarium's operator and developer. The contract to build
      345 words
    • Article
      Jardine Matheson takes 70pc stake in Colliers
      225 2 JARDINE MATHESON, the "Noble House" of Hongkong, has taken a 70 per cent stake in local property consultants Colliers group for an undisclosed sum. The move complements its acquisition of other Colliers firms in the region, including in Hongkong, Japan, Taiwan and Thailand.
      225 words
    • Article
      Exports of printed matter expected to rise to $400 million
      208 2 SINGAPORE s global exports of printed matter is projected to hit $400 million this year, an increase from last year's $314 million, said the Trade Development Board. The main export markets are the US, Australia, the European Community, particularly the
      208 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      228 2 THE Pan Pacific Singapore Hotel has appointed two new staff. Benson Ong has joined as financial controller and Lloyd Daser as executive assistant manager (rooms division). Mr Ong, an accountancy graduate from the UK, brings with him more than 15 years' experience in the accounting field. In
      228 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      150 2 Your products are at home in markets worldwide. So are we. r v The successful introduction of products to worldwide markets requires a bank with international resources. Deutsche Bank, with offices in more than 40 countries around the globe, is such a bank. First-hand information, international know-how and professional advice
      150 words
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      Page 2 Advertisements Column 2
      10 2 WORLDWIDE EXPRESS prompt pick-up and delivery 24 hours a day
      10 words
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  • ASIA – PACIFIC
    • Article
      Lock icon Miti proposes moves to spur foreign investment in Japan
      242 3 Reuter A MINISTRY of International Trade and Industry (Miti) group has offered recommendations to help foreign firms invest in Japan. Miti's Industrial Structure Council, ending eight months of work, said on Tuesday that the government s Japan Development Bank (JDB) should
      Reuter  -  242 words
    • Article
      Lock icon Tokyo urged to boost imports and give its own consumers a break
      273 3 Reuter US AMBASSADOR Michael Armacost urged Japan to implement structural reforms that would boost imports and give its own consumers a break at the same time. "I suppose it is gratuitous for an American to say so, but
      Reuter  -  273 words
    • Article
      Lock icon 50m workers wandering around China in search of jobs
      115 3 Reuter ABOUT 50 million Chinese workers are wandering around the country searching for jobs, the China News Service says. The semi-official news agency monitored in Hongkong said on Tuesday that the "floating population", 5 per cent of China's population of one
      Reuter  -  115 words
    • Article
      Lock icon Indian Airlines obtains approval to buy 12 Airbus A-320s
      254 3 AFP THE INDIAN government has approved the planned purchase of 12 Airbus A-320's by the stateowned Indian Airlines (IA) to meet increased domestic passenger loads, officials said in New Delhi on Tuesday. The planes will cost about US$633 million and the
      AFP  -  254 words
    • Article
      Lock icon Malaysia to hold colloquium on impact of EC single market on Asean
      317 3 Bernama THE Malaysian government will organise a colloquium on July 10 and 11 to assess the likely impact and political implications of Europe's proposed single market on Asean nations. Entitled Asean and Europe 1992: Implications and Responses, the
      Bernama  -  317 words
    • Article
      Lock icon China to provide protection from computer piracy
      433 3 ACCORD TO HELP RESOLVE TRADE DISPUTE WITH THE US AP CHINA is moving to resolve a major trade dispute with the United States by agreeing to provide legal protection from piracy of imported computer programs or software. US industry and government officials said
      AP  -  433 words
    • Article
      Lock icon Manila court throws out petition on American military bases
      322 3 UPI THE Philippine supreme court has dismissed a petition seeking the annulment of arrangements governing key US military bases. It said fears that the facilities open the country to the threat of nuclear annihilation were "premature". In a decision issued on
      UPI  -  322 words
    • Article
      Lock icon Philippine unions call off strike
      176 3 AFP THE PHILIPPINES's largest labour groups yesterday called off a planned general strike after Congress granted their demand for a substantial daily wage increase. The conservative Trade Unions Congress of the Philippines (TUCP) and the left-wing May First Movement (KMU) told their members nationwide that
      AFP  -  176 words
    • Article
      Lock icon industrial output in Japan remains brisk
      173 3 AFP JAPAN'S industrial production t and shipments remained brisk in,, the January-March period this" year due to rising corporate investment in plants and equip? ment and solid domestic* demand, their government said t on Tuesday. -h The index of mining and manufacturing rose by
      AFP  -  173 words
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      124 3 e> jr- «9f tjs in* V'/ v.. vr V v fJ 'A,.? W-'SSEsSW r" Aiffl'L 1 1% «k 'V J* *S j4 < -.>?•*' t<: S-.' *w "i--3SM V'„■j&Vf £J s "i i J* 'hl< if-. v i. ..>*: v **>* .V- r* je t» ?TI JE Ws 'f S
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  • REST OF THE WORLD
    • Article
      Lock icon Foreign investments in US hit record high
      581 4 British and Japanese the biggest investors UPI FOREIGNERS spent an unprecedented US$65 billion in 1988 to acquire or establish business in the United States, up sharply from US$4O.3 billion in 1987, with the largest investments made by the British and Japanese. The Commerce
      UPI  -  581 words
    • Article
      Lock icon Talks on product standards to resume
      301 4 AP US AND EUROPEAN officials will resume talks in Brussels this summer on standards under which US products could be exported to the continent when internal trade barriers there are removed in 1992. it was announced yesterday. The 12 nations comprising the European Community
      AP  -  301 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      926 4 ARRIVALS DEPARTURES Operator Service Local From Operator Service Local For number time number time A IK UL454 0020 CMB SiA SQ86 0035 OSA SiA soon 0040 LAX/NRT OAL OA472 0050 AIM KAl KE697 0155 SEL SiA SQ090 0100 FUK TMA TL351B 0430 BEY/SHJ/KUL ALK UL454 0120 TYO
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    • Article
      Lock icon Banks look to official aid to help ease debt problem
      267 4 AP COMMERCIAL BANKS expect to hear at a meeting in Madrid. Spain, on June 7 what help they can expect from governments in reducing Third World debt, a spokesman for big banks in 39 countries told the US Congress on
      AP  -  267 words
    • Article
      Lock icon A 'square deal' for all South Africans possible: de Klerk
      165 4 UPI RULING National Party leader Frederik de Klerk said power-sharing negotiations with South Africa's black majority could produce a "square deal" for all South Africans and indicated that he intended to raise the issue of Nelson Mandela's release with British
      UPI  -  165 words
    • Article
      Lock icon Bush cautiously endorses EC's aim of unified market
      204 4 Reuter AMERICAN President George Bush on Tuesday gave cautious encouragement to the European Community's drive to create a unified market by the end of 1992 In the first visit to the European Commission, the EC's executive body, by a US president since
      Reuter  -  204 words
    • Article
      Lock icon High interest rates cause gloom in UK industry
      192 4 AFP RISING INTEREST RATES are beginning to get British companies down, the Confederation of British Industries (CBI) said on Tuesday, releasing a study which showed that for the first time in over two years more firms were pessimistic about their order books
      AFP  -  192 words
    • Article
      Lock icon West and Japan to strive for energy security
      140 4 AFP WESTERN industrial countries and Japan undertook on Tuesday to strive to achieve energy security in the coming decade and integrate this with "vigorous new action" to meet the risk of global warming and climate change. Ministers attending the biannual meeting of
      AFP  -  140 words
    • Article, Illustration
      Lock icon Bush challenges Moscow over Berlin Wall and missile parity
      350 4 AP US PRESIDENT George Bush, triumphant after his debut at a Nato summit, is urging the Kremlin to dismantle the Berlin Wall and challenging Soviet President Mikhail Gorbachev to make unilateral cuts in Moscow's battlefield nuclear missiles. After morning meetings yesterday
      AP  -  350 words
    • Article
      Lock icon Soviets welcome Nato missile proposal
      230 4 AP SOVIET OFFICIALS have welcomed a Nato proposal to negotiate reductions in short-range nuclear missiles but said linking the issue to talks on conventional arms could cause an unneeded delay. A Soviet TV commentator said the Nato agreement had only papered over differences between President
      AP  -  230 words
    • Article
      Lock icon Performance at summit praised
      125 4 AP FROM SOCIALIST France, traditionally wary of US influence in Europe, to conservative Britain, eagle-eyed for signs of American isolationism, Europeans are crediting US President George Bush with seizing the arms control initiative for the West. Grumblings from foreign and American critics about Bush s slow
      AP  -  125 words
    • Article
      Lock icon Hills plays down row with Japan over US trade policy
      462 4 AFP WHITE HOUSE Trade Representative Carla Hills on Tuesday sought to play down a simmering row with Tokyo over United States trade policy less than a week after Washington blacklisted Japan, Brazil and India as alleged "unfair" trading partners. Emerging
      AFP  -  462 words
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      45 4 mam *////> Max/ Not* Mln (°C) uno* 27/18 Rain 25/14 Cloudy 14/09 Cloudy Melbourne Mexico City Miomi Montreal Moscow Nassau New Delhi New York Nicosia Oslo Paris Perth Rio 'Janeiro Rome San Frls'co San Juan Santiago Seoul Stockholm Sydney Taipei Tokyo Toronto Voncouver Vienna Warsaw Washington
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    • Miscellaneous
      Page 4 Miscellaneous Column 2
      48 4 Doonesbury mRB PEMANPiNG FRtcDOM OF BXPR&&ON, THE RIGHT TO fl«my A&BMBLt, AN BNP TO CORRUPTION, ANP DEMOCRATICALLY BLCCTBP LSAPET&HIP! /i; E w m M m ss^&ssl s. 4* a BY GARRY TRUDEAU i (507/7: NOIAT THAWS ALL. n IT r O. If r! 52. m m 9 \fi
      48 words
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  • Page 5 Advertisements
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      284 5 <1 «p f T Mi 4 i i lU» '(U *5 «nT« *w*» m •>* v K V ,•> 1 —3- Remember the car you owned as a young executive. It probably was as spirited as you, reflected your lifestyle and (should we say it) your bank balance. Well, things
      284 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1515 6 SINGAPORE: The US dollar closed mixed i yesterday, after fluctuating within narrow ranges due to lack of fresh factors and talk of a possible West German interest rate hike, dealers said. The dollar rose slightly to 142.60/70 yen from New York's 142.50/57 but eased to 1.9855/65 marks against
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    • Article
      Government Securities Market
      111 6 Treasury bills Period Issue code Maturity 3 months BQ*****F 31.08.89 6 months BS*****N 17.08.89 1 year BY*****f 24.05.90 Yesterday's closing BID OFFER 3.88 3.83 3.88 3.83 4.36 4.31 Day's HIGH LOW 3.85 3.65 4.38 4.32 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      111 words
    • Article
      Lock icon Simex
      477 6 Reuter EURODOLLAR futures closed slightly lower yesterday, after fluctuating narrowly in quiet technical trade. June Eurodollar eased to 90 53 from Chicago s 90 55 close and September to 90 86 against 90 89 with turnover totalling about 8.590 lots In options 20 puts were tradeo Currency futures rose
      Reuter  -  477 words
    • Article
      Money markets
      56 6 THE OVERNIGHT RATE rose by 1/16 to 5 1/2 on the Singapore money market yesterday. The short-term rates closed unchanged yesterday. s$ Interbank rates at the close yesterday: Of nt MO 5 1/2 3 3/t l-monrt. 5 5/16 5 3/16 5 5/16 5 3/16 3-*o«rt< 5 5/16 5
      56 words
    • Article
      Lock icon Ireland sets up futures, options exchanges
      123 6 AFP THE Republic of Ireland is creating its own financial futures and options markets. to be known collectively as the Irish Futures and Options Exchange, or IFOX. IFOX. the first new financial market to be created in Dublin since the stock exchange itself was
      AFP  -  123 words
    • Article, Illustration
      World interest rates
      193 6 Indicates the average gi the prime lending rates o< 12 major banks In S'pors Interbank market rates (offer/bid) on May 31 us$ DM SWFC Yen 7 doyi 3/4 9 5/8 14 13 7/8 6 1/6-6 1/3 9/16 7/16 J 4 7/8 1 m* 9 11/16 9/16 14
      193 words
    • Article
      Options
      1368 6 CURRENCY FUTURES OPTIONS Wednesday, May 31, 1989 DEUTSCHE MARK (SIMEX) 51 52 53 54 55 56 Jun 88 calls Htgti Lew Sen K CAB CAS CAS Jun 88 puti Igft Lew ten 87 170 265 365 S3 53 54 Sep 88 cell* Higfi Lev 8 ea Sep 88 puts
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      Page 6 Advertisements Column 1
      48 6 Prudential Asia Prudential Asia has pleasure in announcing the opening of its representative office in Taiwan. Representative Mr Ting Yu-Seng Address Prudential Asset Management Asia Limited Bth Floor Walsin Lihwa Building 675 Min Sheng East Road Taipei Telephone 2-718-9476 Prudential Asia Offices in Hong Kong, Singapore and Tokyo.
      48 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Japan's discount rate hike ends easy monetary policy
      574 7 Move is first in nine years AFP THE Bank of Japan's decision on Tuesday to increase the official discount rate for the first time in more than nine years marks an end to a policy of easy money brought about largely by
      AFP  -  574 words
    • Article
      Quotation of Singapore Government Stocks as at May 31, 1989
      382 7 Number Indicative Gross Coupon Amount Interest of days of middle price redemption Maturity Yeor raised 1 rat* million) payment accrued (excluding ywo 1% P«) dates Interest accrued Interest) pa) 1.6.86/89 Loan 1 1971 •5% 65.46 1/6. 1/12 181 •100.00 •5.59
      382 words
    • Article
      IMM
      250 7 CURRENCY futures began the week sharply lower on Tuesday but US jobs data due tomorrow and speculation about more overseas rate hikes could limit movement in the next few days, market analysts said. Light volume will likely prevail, sparing most contracts from further erosion as traders grow nervous about
      250 words
    • Article
      Comex gold/silver futures
      176 7 Gold futures on May 30, 1989 100 troy ounces; USS par troy ounce Opon HHfi Low SMS* -MMay 364 20 366.80 363.70 365.70 -0.20 M 367 00 060 Aug 366.70 370.50 366.50 369.70 1.00 Oct ***** 374.00 370.30 373.70 >1.10 OK 374.00 377.90 373.80 377.80 1.30 F«b
      176 words
    • Article
      Lock icon Asian dollar market
      257 7 Reuter Asian dollar deposit rates closed at their opening levels in quiet trading yesterday. Short-dates firmed 1/8 to 3/16 point at the outset on high US Fed funds rate and bidding interest, but were unchanged subsequently. Wednesday/Thursday ended at 9-7/8 9-3/4 pet, Thursday/Friday and week-fixed at 9-13/16
      Reuter  -  257 words
    • Article
      DBS Finance schemes to lure more clients
      254 7  -  bf SOH TIANG KENG OBS FINANCE and its fullyowned subsidiary. Great Pacific Finance are dangling two carrots to attract more deposits. They are its so-called "unique gift scheme" and higher interest rates for deposits. DBS Finance, in a statement, said yesterday that under
      254 words
    • Article, Illustration
      UOB launches Electronic Banker for efficient service
      412 7  -  Move expected to to ease labour shortage By DEXTER LEE UNITED Overseas Bank has launched "The Electronic Banker" a new self-service banking concept which aims to cut down queues and hassle in the banking hall. This "banker" is a computer located at the
      412 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      258 7 tk k 4: KtJg «r H l#-.? 1 4 m :<•<.« J3BB I 9fei ■M _N y.+ jSL j Q3NGRATULATIONS ©N OfoUR qOrand ©pening Associated Liquor Distributors (Singapore) Pte Ltd CD A Contract/Design Consultant Market Link Services (S) Pte Ltd L| Gromark Consumers Enterprise fc Acma Electrical Industries Ltd .Jf*
      258 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      Cadbury sets up $3m unit to tap growing market
      470 8  -  By SANGEETA MULCHAND UK CONSUMER group Cadbury Schweppes has invested $3 million to set up a marketing arm in Singapore to keep a sharper eye on the growing domestic and tourist market in chocolates here. Cadbury (S), which goes into formal
      470 words
    • Article
      Corrections and clarifications
      79 8 ;.IN THE ARTICLE entitled "The Qaleries Lafayette advertisement that waa" in BT'a May 11 edition, r it was said that a blank ad space runs at worst once a year. We also said that the late ad- vertisement was due to an oversight on the part of
      79 words
    • Article
      Ball WCRS wins Parker Pen account
      140 8 BALL WCRS has clinched the $2 million regional account for Parker Pen, formerly handled by Ogilvy Mather. The win boosts Ball WCRS' billings this year to about $15 million. About $4 million worth of new accounts wers garnered this year, including Oiethelm and Jardine
      140 words
    • Article
      SIA Megatop to serve caviar
      85 8 CAVIAR and champagne that's what Singapore Airlines will be laying on for first class passengers on its Megatop service to London during July. The airline will pamper its premier passengers with Ossetra Golden Caviar, accompanied by Krug Clos du Mesnil 1961. Each passenger will also
      85 words
    • Article
      Regent to launch ad campaign
      357 8  -  By A SUZANNE SON and SANGEETA MULCHAND THE REGENT Singapore has truly arrived here this is the message to be conveyed in the hotel's latest marketing and renovation plans. An advertising blitz in local and overseas media, costing from $500,000 to $1 million, will be
      357 words
    • Article, Illustration
      Ex-civil servant named Hill & Knowlton public affairs director
      237 8 Ex-civil servant named Hill Knowlton public affairs director HILL AND KNOWLTON has appointed former civil servant Richard Tan as group director of its public affairs unit. Mr Tan's appointment, from today, to the international public relations consultancy is consistent with its policy of appointing qualified Singaporeans to senior positions, the
      237 words
    • Article
      Firms trying out direct response press ads
      505 8  -  By GENEVIEVE CUA A NUMBER of companies are exploring direct response press advertisements to get more mileage out of their advertising. Most of the companies BT spoke to said they had recently used the device for one-off promotions. The rewards promise to be
      505 words
    • Article, Illustration
      New look for McDonald's staff
      191 8 CORPORATE IMAGE FAST FOOD joint McDonald s Restaurants is spending more than $300,000 to "refresh" its image by introducing new staff uniforms. The McDonald's girls will be wearing a light grey stripped blouse tucked into grey pants together with burgundy accessories bow tie, cap and
      191 words
    • Article, Illustration
      Thai Airways tries quiet maturity
      196 8 TO HERALD the third decade of its operations, Thai Airways International has also given its air hostesses a new look. The quest for a uniform that would reflect both practicality ana elegance led the airline to invite top Thai designers to submit suitable sketches. The
      196 words
    • Article
      COPY LINES
      271 8 THE CONTROVERSIAL Pepsi "Hot Feet" ad which left Coke sizzling all alone on the beach is back. But this time, in a shortened version and without Coke in sight. While the initial commercial was withdrawn following a complaint from arch-rival Coke, the ad currently running is not an
      271 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      32 8 cM irWH/. {Jf /uwe fetfr rtrcCCT'•&& /n*Z&t tfAeaCfr auUp'jproldzwrf w cMztflj /i<> lyu&ui/fy jfr&Trh m*24& ilPltylCl JVfiUICS&d Leo Burnett Pte. Ltd. 11 Beach Road, Singapore 0718. Tel: 336 2155. Fax: 336 8861.
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  • COMMODITIES
    • Article
      KL hopes China will become ATPC member
      282 9 MALAYSIA'S Deputy Primary Industries Minister Datuk Alias Ali on Tuesday expressed the hope that China, now the second largest producer of tin in the world, would become a member of the Association of Tin Producing Countries (ATPC). He told a news conference in
      282 words
    • Article
      Lock icon KL's palm oil exports to China to soar
      195 9 Bernama MALAYSIA'S annual export of palm oil to China can reach a million tonnes in three years' time, Deputy Primary Industries Minister Oatuk Alias Ali predicted. He told a news conference on Tuesday that his forecast is based on feedback from discussions
      Bernama  -  195 words
    • Article
      Precious Metals
      379 9 HONGKONG: Profit-taking and positionsquaring dragged gold down to a lower close in quiet trading yesterday. "Investors were posi-tion-squaring due to the month end and they were also awaiting the release of US economic indicators," a dealer said. Metal dealings closely followed US dollar moves and dealers said resistance
      379 words
    • Article
      Produce Prices
      192 9 Chinese Produce Exchange Sellers' noon dosing prices on May 31 (S$/100 kg) Coconut oil Bulk FOB 107.00 Old drum FOB 117.00 New drum FOB 121.00 Copra Mixed (loose) 62.50 sellers Pepper Muntok white FOB NLW 552.50 Sarawak whit* FOB faq NLW 542.50 Sarawak special black FOB NLW 412.50
      192 words
    • Article
      London markets
      270 9 London Commodity Exchange Buyer/Seller closing prices on May 30 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis ln-stor« London, solfers option CIF London May 1200/1205 (1210/1219) High/Low 1215/1190 July 1210/1212 (1206/1208) High/Low 1218/1204 Safes (1408) Cocoa May 762/765 (770/807) High/low 799/760 July 779/780 (808/809) High/Low 810/770
      270 words
    • Article
      Lock icon Palm Oil
      455 9 Bernama Reuter MALAYSIAN crude palm oil prices recovered from initial lows to close steady on light covering and speculative buying. Sentiment was aided by talk that Pakistan would tender today for last half June shipment RBD palm oil. Weaker Chicago soyoil futures overnight had weighed on early values.
      Bernama; Reuter  -  455 words
    • Article
      KL Tin
      194 9 RENEWED demand helped tha Kuala Lumpur Tin Marfcal (KLTM) price recover 3t cants to doaa at 26.43 rlngglt a kg yeetarday, daalara said. "Far Eaat conaumara ara coming back to maka purchaaaa and the metal should rlaa furthar In naar-tarm," ona said, adding buying waa mainly by local
      194 words
    • Article
      RAS and MRELB
      300 9 RAS prices m s cmMq, fob m t>*i*« 1 NOON CLOSE 8wy*rs Saltan 8wy*rs S*M*rs lot 1 RSS Prompt 186.50 187 JON 189.00 190.00N to 1 RSS Jun* 89 184.00 187.00N 188JO 189 JON to 1 RSS July 183.00 184.00N 185 JO 186JON to 2 RSS Of
      300 words
    • Article
      SSR and SMR
      83 9 (cann/kg) JUNE 1989 JULY 1989 (currant month) (forward month) RAS NOON NOON kuytn SaNaa fcijan ssa 30 153.50 1 55.SON 153.50 133 JON SSI so 151 _50 15 3. SON 131J0 153 JON MRELB Ivy en Saltan Iwy an SaMan SMt cv 344.00 346.00N 346.00 348.00N SMI
      83 words
    • Article
      Rubber
      324 9 SINGAPORE: Rubber prices closed higher yesterday in quiet trading with June 1 RSS quoted at 188.50 cents a kg, up 4.50 cents from Tuesday s close. Dealers said prices continued to rise in the afternoon on speculative short-covering with gains in Japanese markets aiding sentiment. On the TSR-20 Award
      324 words
    • Article
      Lock icon Crude Oil and Products
      151 9 Telerate FUEL OIL market remained fairly stable with slightly firmer prices seen in the market. Sellers of CST-180 were asking around $100 mt cif/fob Sing for June. An independent reported sold June CST-180 at $98 mt fob Sing. There remained a squeeze for CST-380. Delta between
      Telerate  -  151 words
    • Article
      Lock icon Soybean
      212 9 Reuter THE FEATURED long old crop July/short November soybean futures spread and weather dominated CBT grain futures markets on Tuesday, traders said. They said spot July soybean futures carried a premium of 85 cents, ending up six cents at US$7.17 per bushel, over November s close. Other contracts fell
      Reuter  -  212 words
    • Article
      Lock icon Wheat
      190 9 Reuter CHICAGO Board of Trade soft red winter wheat futures settled 1.0 to 4.0 cents lower on Tuesday, tracking losses in CBT soybean and corn futures, traders said. Most active spot July filled a chart gap at US$3 90 per bushel at the opening. triggering a sell signal that
      Reuter  -  190 words
  • Page 9 Advertisements
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      163 9 c for quick sale Bottle by bottle, case by case, the finest ('B5 Vintage) Mouton Baronne Philippe vintage Bordeaux produced this far in $85. Rauzan-Gassies $75. and more... the decade will fast be disappearing All of which are ripe for the palate, from the cellars at Jasons. but will do
      163 words
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  • PERSPECTIVE
    • Article
      Moulding upright citizens
      500 10 THE Religious Knowledge programme was introduced in 1982 at the upper secondary level with the express aim of replacing Civics and Current Affairs which had failed to mould young Singaporeans into good, honest citizens. In rather graphic terms, Dr Qoh Keng Swee, then First Deputy Prime Minister
      500 words
    • Article, Illustration
      Cover for plucky Aussie exporters
      1466 10  -  Australian exporters who find that the overcrowded markets of the West are cramping their style are seeking means of escape. High-risk markets nearer home are a favoured route for some, despite the unknown quantities involved. But a new breed of private export insurers is changing
      1,466 words
    • Article
      Lock icon Plus and minus of mergers...
      757 10 The Economist WATCH OUT for more accountancy mergers if recently announced plans to wed the world's fifth- and sixthlargest firms are consummated. The accountancy business is becoming more competitive and less predictable. Both Ernst Whinney (the marginally bigger firm) and Arthur Young are finding that
      The Economist  -  757 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      183 10 HERTZ MAKES 3 EQUAL 2 x NEW M/t X o > Mathematically, of course, it's not possible. But Hertz has a great deal which can make 3 days seem like 2. When you rent one of our superbly-maintained, new model Mitsubishi Galants (1.6) or Lancers (1.3 1.5) for 3 days,
      183 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      41 10 i*ve DeciDeD To invito thc gcßgcous miss PRerrY or <LeeNhPHONe.To lunch. \'ve eNOUGH Tme D PiBOUT it... this "Tfrne: I'm ReFili-V GoirtG ro RSkr He)?.... CVCNINQ ITANOAHO CO. LTD, IW2—HOT U3HATG>Je<? i SPtV SHe'LL OUT U)ITH Seme D\Sp\RmiNG CVcx)Se... '•fe Us£*D
      41 words
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  • FOCUS
    • Article, Illustration
      Lock icon US move is hitting right targets: analysts
      753 11 Reuter THE US STRIKE at Japan, Brazil and India for unfair trade hit the mark, analysts said, but a key test will come later when Washington decides whether to slap trade sanctions on the countries it has named. One trade analyst said the
      Reuter  -  753 words
    • Article, Illustration
      Lock icon Especially bad time for Japan
      871 11 NYT EVEN BEFORE the Bush Administration declared Japan an unfair trading partner last week, it was hard to miss the cracks spreading across the thin shell of smiles and bland assurances of close cooperation that masks the tensions in the US-Japanese alliance. Months of accusations
      NYT  -  871 words
    • Article, Illustration
      Lock icon Trying to keep trade free
      954 11 When the US last week slapped charges of unfair trade against Japan, India and Brazil, it ended a half-century of benign indifference to the economic policies of other nations. FOCUS examines the US shift from tolerant economic internationalism towards parochial economic nationalism. Accompanying articles assess
      NYT  -  954 words
  • Page 11 Advertisements
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      379 11 SINGAPORE BUSINESS YEARBOOK 1989 is a must read for corporate executives, managers, entrepreneurs, professionals, young, aspiring executives, and investors who need to keep their fingertips on the pulse of the Singapore business scene. Wt J j J u ASEAN ECONOMIC SURVEY Challenges Facing Asean Any slow down in the United
      379 words
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  • LEISURE
    • Article, Illustration
      Lock icon Ali keeps busy spreading his religion
      830 12  -  PERSONALITIES By LOWELL COHN NYT MUHAMMAD ALI was on display in San Jose, California, during the past few days, signing autographs during a baseball-card show. Me used to travel with an entourage; now his entourage is over-the-hill baseball players who get paid for writing
      NYT  -  830 words
    • Article
      Lock icon Test case for claims to plundered treasures
      710 13 ART AP A TRIAL that starts this week pitting an Indianapolis art dealer against the rival Greek and Turkish governments of Cyprus could have repercussions throughout the world for claims to national art treasures. Art dealer Peg Goldberg is being sued over four
      AP  -  710 words
    • Article, Illustration
      Lock icon Eating ethnic and healthy at the same time
      804 13  -  FOOD By DENSIE WEBB NYT WHETHER ordering takeaway Japanese food or sitting down to a seven-course Italian dinner, selecting healthy dishes from ethnic menus presents special challenges. Yet there is no reason to place any cuisine offlimits. A lack of information about
      NYT  -  804 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      314 12 Where tv entertain.,. Where to entertain... Where tv entertain... Where to ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFET ANOTHER IS THE CHOICE OF MAIN (.(XTtSKS. F°r lietwetn $26++ a nd $40+ you can select from our appetiser GRILL buffet including seafood, smoked salmon and
      314 words
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      Page 12 Advertisements Column 2
      170 12 a* Mine COURT MOTEL SINGAPORE Tel: *****33 I isten to them at Jade Lounge Relax with your favourite cocktail with this talented trio from Philippines. They will bring you songs in Spanish, Italian and French nightly from 8.30 p.m. to 1.00 a.m. 1 Tanalm Road Singapore 1024 Tele* MINGTEL RS
      170 words
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      Page 12 Advertisements Column 3
      240 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 511.50* per person.
      240 words
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      Page 12 Advertisements Column 4
      210 12 i r. ,/R f I w I Swing at Club 5 with the delightful sounds of the golden oldies Happ> Hours Daily 5-Bpm (except Sundays! Drinks at ONE for ONE prices dub^ V v v Plaza Hotel i wMM*catoaa*A*<"«<v*< o7ww imm Paramount HotelWhir* th* happy poopf go Sv <?v We're
      210 words
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      Page 12 Advertisements Column 5
      160 12 We lay the magnificence and opulence of the British on our tables this month. Tuck into delicious Beef Steak smothered in onions, Steak and Kidney Pie, Irish Stew, Yorkshire Pudding, Dundee Cake and Richmond Maids of Honour, to name a few. Even the Royal Guards will put their best foot
      160 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      201 13 V, Happy Hours In The Pake. Our early evening Happy Hours at The Fountain Lounge are simply delightful. For every drink, you order you get the next one free. Plus, you get 25% off bottle purchases. And to make sure you 're totally happy, there's great music to listen to.
      201 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      740 13 CRYPTIC PUZZLE ACROSS 1 Like a determined lassie (6) 7 Source of aubergines not hen-fruit (3. 5) 8 Had this artist nothing possibly to be gay about? (4) 10 Fragment of silver? (6) 11 People not in a mess (6) 14 Kill, you understand (3) 16 Ned s rhyme on
      740 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1235 13 TV and RADIO The Legendary Lawrence *30- -in 1 w > JUT*, t: v i-r-ivSa'?! 4*. *i* Jfrr ft r r 1 > If 4 3 H •x. n a «v r TE Lawrcnn Arab war aga *<iyA||t| |BAa Ww9 ormtn Mvvniurtr wno mm Inst the Turks during World War
      1,235 words
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  • SPORTS
    • Article, Illustration
      Lock icon DHL Open loser beats Sukova in Paris
      385 14 TENNIS AFP AKIKO KIJIMUTA, who had never got further than the first round in three previous campaigns, became the first player to reach the third round of the women's singles at the French Open in Paris yesterday when she outplayed fifth seed Helena
      AFP  -  385 words
    • Article
      Lock icon Italian leads in Greece
      192 14 MOTOR RALLY AFP WORLD CHAMPION Massimo Biasion of Italy won a battle of the Lancia Integrates against French driver Didier Auriol to take the lead of the Acropolis Rally in Greece after the third stage on Tuesday. Biasion led Auriol by 15 seconds at the end
      AFP  -  192 words
    • Article
      Man against machine
      332 14  -  CHESS By DEXTER LEE STARTING TODAY, chess players in Singapore are challenged to pit their skills against Galileo, a computer chess system from the Kasparov Chess Computer stable. They will not only be up against an advanced chess computer but will also face a race against time.
      332 words
    • Article
      Clean sweep by Taiwanese
      243 14 BRIDGE THE TAIWANESE have won all three team events at the 31st FEBF championships in Jakarta, with a good win over Japan to clinch the ladies event. Things were easier for their Open team. After beating Indonesia in Match 7, it beat China 25-4 in the
      243 words
  • Page 14 Advertisements
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      225 14 p SIEMENS m /*> £v l I IK 4 *****-F9-7914-IM-760C Medical engineering opens a whole new future Modern medical systems for longer life in greater comfort Not only the medical profession but also the patients in their care benefit from technological advances in medical engineering. Reliable and speedy diagnosis leads
      225 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon Same treatment for all
      532 15 Mrcrct •mm*** HOCK LOCK SIEW REPORTS have surfaced that some stockbrokers are unhappy with the Stock Exchange of Singapore's new by-law on "married deals', or direct business. These brokers have said they are losing business because the by-law requires that all married deals of fewer than
      HOCK LOCK SIEW  -  532 words
    • Article
      Kingsgate hotels attract wide interest
      318 15 THERE IS widespread interest in Kingsgate International Corporation Ltd's A 5275 million portfolio of hotels which is currently up for sale. Kingsgate International is controlled by Singapore businessmen Ho Whye Chung and his associate Ho Sim Guan. The Australian Financial Review, quoting industry sources, said
      318 words
    • Article, Illustration
      Concourse gets $178m loan facility
      666 15  -  CIIBANK TO FINANCE HONG FOK PROJECT By MICHELLE OH PROPERTY GROUP Hong Fok Corporation has signed a sevenyear $178 million loan facility and a $2 million guarantee facility with Citibank N A to finance the completion of its stalled Concourse project in Beach Road. The
      666 words
    • Article
      OUBIM launches fourth unit trust today
      401 15 >UB INVESTMENT Management td (OUBIM), an associate ol )verseas Union Bank Ltd (OUB), s launching its fourth unit trust, he Union Investment Fund (UIF). oday. The UIF was formed by transering the assets of CPF invesors in the Union Singapore Fund to the UIF,
      401 words
    • Article
      Lock icon Resolutions on PanGlobal directors ruled valid
      283 15 MBT THE KUALA LUMPUR High Court has ruled with costs in favour of the appointment of five Mycom directors to the board of Pan Global Equities and the removal of the compai ny's existing three directors, including Pan Global managing director Datuk Mak Kok.
      MBT  -  283 words
    • Article, Illustration
      Lock icon Ex-officials of HK exchange face more charges
      294 15 AFP EIGHT former officials of the Hongkong Stock Exchange. including former exchange chairman Ronald Li. have been slapped with four additional corruption charges, bringing to 17 the total number of different allegations against them. Also appearing in the Central Magistracy was Ronald Li
      AFP  -  294 words
    • Article
      Lock icon Lion Corp expects 80pc of group's operations to meet growth targets
      418 15 NST WELL-DIVERSIFIED Lion Corporation Bhd expects 00 per cent of its group's operations to achieve their growth targets this year. Spearheading this optimism is Amalgamated Steel Mills Bhd (ASM), a 24.88 per cent associate. which is currently operating at
      NST  -  418 words
    • SES
      • Article, Illustration
        Prices finish generally lower in quiet trading
        981 16  -  by HERMAN PHUA THE LOCAL MARKET closed generally lower in quiet trading yesterday as volume continued to slow down with most investors remaining on the sidelines. Although losers were ahead of gainers by 116 to 85, the Straits Times Industrials Index still managed
        981 words
      • Article
        Unit trusts
        257 16 Managers' prices for June 1 Singapore Unit Trust Tka Commerce 1 10 1 16* The Savings Fund 099 105 S'pore Prog Fund 045 04? S'pore Sec Fund 075 080 S'pore Invert Fund 081 086 S'pore Equity Fund 053 057 Asia Unit Trust MoJ l«v«t F\>nd 1 54 1
        257 words
      • Article
        COMPANY MEETINGS
        50 16 HAW PAR BROTHERS INTERNATIONAL LTD: 20th AGM at the Board Room. 30th Storey. UOB Building. 1 Bonham Street. Rattles Place. Singapore 0104, tomorrow at noon. MULPHA INTERNATIONAL TRADING CORPORATION BHD: 15th AGM at Bangunan Mulpha, 17 Jalan Semangat, ***** Petaling Jaya. Selangor Darul Ehsan. tomorrow at 11.30 am.
        50 words
      • Article
        SES SHARE INFORMATION
        6139 16 1989 High Low Tel Code Company Last Sale MAY 31 +OfVol (•000) Day High Low Last Quote Buyer Seller Gr's Dlv Olv C'vr Gr's Y'ld Net P/E M Cap $mil SESDAQ 168 93 183 70% 94 100 101 82% 190 91% 104 144 100 87% 120 74%
        6,139 words
    • KLSE
      • Article, Illustration
        Lock icon Confidence returns to KL
        3660 17 MBT INVESTORS showed renewed confidence on the Kuala Lumpur stock market yesterday and prices finished broadly higher in moderate trading. Gains were, however, minimal. Dealers said the interest was not unexpected as the market barometer had been pointing at an oversold position for some time. With
        MBT  -  3,660 words
    • REGIONAL MARKETS
      • Article, Illustration
        Lock icon Mitsubishi takes 0.6pc stake in Australia's BHP
        417 18 COMPANY AMONG TOP 20 SHAREHOLDERS Reuter MITSUBISHI Corporation has agreed to buy a 0.6 per cent stake in Australian resources group Broken Hill Pty Co Ltd. Sources close to BHP said Mitsubishi has agreed to buy 8.33 million BHP shares from Beswick Pty
        Reuter  -  417 words
      • Article
        Lock icon San Miguel is tops in Philippines with US$994m in revenues
        362 18 AFP BREWER San Miguel Corporation has become the Philippines' top corporation in 1988 with revenues of 21.477 billion pesos (US$994 million), the Securities and Exchange Commission (SEC) said. Oil, power and heavy industry and state-owned firms again dominated the top
        AFP  -  362 words
      • Article
        Lock icon Formosa Plastics to set up units in US
        170 18 AFP TAIWAN'S largest conglomerate. Formosa Plastics Group, is to set up three subsidiaries in the US with total paid-in capital of US$3OO million, a company official said on Tuesday. Three of the group s major subsidiaries. Formosa Plastics Corp. Nanya Plastics Corp
        AFP  -  170 words
      • Article
        Lock icon Aussie firm invests in China despite student unrest
        186 18 AFP AN AUSTRALIAN company has taken a US$l5.7 million stake in a cable-making plant in China, saying that its investment plans were unaffected by recent student unrest. "The development going on in China is immense and we are quite comfortable about our
        AFP  -  186 words
      • Article, Illustration
        Lock icon Record close
        584 18 Tokyo Reuter SHARE PRICES closed higher in a late boost of index-linked buying by investment trusts, after wary investors spent most of the day buying mediumcapital stocks in small lots, brokers said. Trade was moderate as the market awaited a sign that the discount rate rise will boost
        Reuter  -  584 words
      • Article, Illustration
        Lock icon Shares close lower
        552 18 Australia Reuter A COMBINATION of negative economic indicators led the Australian share market lower by the close of floor trading yesterday, dealers said. Brokers said investors took fright in the face of Australia's A 5103.2 billion March quarter net foreign debt figure, a high number of corporate
        Reuter  -  552 words
      • Article, Illustration
        Index tumbles another 61 points
        1344 18 Hongkong HONGKONG'S main stocks t indicator tumbled another 61.59 points yesterday, bringing the tall since the last stable trading day on May 18 to just over 533 points or 16.29 per cent. The Hang Seng Index ended at 2.743.87, down 2.2 per cent. The Hong-
        1,344 words
      • Article
        Lock icon Taipei: Profit-taking
        430 18 Reuter LAST-MINUTE sales pushed the Taiwan stock index lower as many investors sold shares to take profits, brokers said. The weighted index fell 13.77 points to end at 9.832.38 against Tuesday's 9,846.15 finish. Turnover fell to NTJIOB.I4 billion from NT5117.07 billion on Tuesday. Brokers attributed the index's decline
        Reuter  -  430 words
      • Article
        Lock icon Manila: Heavy trading
        169 18 Reuter PHILIPPINE shares rallied for the second day running as investors traded on restrained optimism about prospects tor this month, brokers said. They said Congress's settlement of the wage issue, which lead to the unions calling off their threatened strike, and a rise in copper prices had
        Reuter  -  169 words
      • Article
        Lock icon New Zealand: Easier
        116 18 Reuter THE NEW ZEALAND share market yesterday eased on low turnover and brokers expect it to continue its crab-crawl in the short term. "There needs to be some news," one broker said. "I'm a bit negative, the leaders felt a bit heavy." "I would pick it to
        Reuter  -  116 words
      • Article
        Lock icon Bangkok: Index up
        163 18 Reuter THE Stock Exchange of Thailand Index yesterday rose 0.56 point to 552.54 points on a turnover of 17,010,582 shares valued at 1.426 billion baht. MAY B Ao Kham Thai Ayudttya tnxaatmant. Bangkok Agro-tnd Bangkok Bank Bank 01 Ayudhya Charoong Thai Wlra Cable AMT 424 38 ae
        Reuter  -  163 words
      • Article
        Lock icon Bombay: Mixed close
        150 18 Reuter SHARE PRICES recovered to close mixed in thin trading on institutional support after falling in the last two days, brokers said. They said end-of-account considerations affected sentiment as investors kept to to the sidelines. "The market is also keenly awaiting the arrival of the monsoon in
        Reuter  -  150 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow Jones falls 18 points
        774 19 New York Reuter SEVERAL WAVES of futures-related selling, triggered by a decline in bond prices, sent Wall Street stocks into a slump on Tuesday. Traders said the thin post-Memorial Day trading made the market especially vulnerable to the program action. The Dow Jones Industrial Average
        Reuter  -  774 words
      • Article, Illustration
        Lock icon Equities open weaker
        952 19 London Reuter LONDON share prices opened weaker across the board in moderately active business yesterday, with the market concerned about possible interest rate rises in Europe. At 0941 GMT, the FTSE Index was 17.6 points lower at 2,112.4. Volume at 0900 GMT was 193.0 million shares. On
        Reuter  -  952 words
      • Article, Illustration
        Lock icon At least two groups bidding for Northwest parent
        614 19 Investor group and Pan Am head into foray Reuter AT LEAST two groups have submitted offers to buy NWA Inc. the parent of Northwest Airlines that could become the subject of a bidding war. A group led by Los Angeles investor Marvin
        Reuter  -  614 words
      • Article
        Lock icon LTV Corp sells steel bar division to employee group for undisclosed sum
        492 19 NYT LTV CORP. which operates America's second largest steel company and which also has interests in aerospace and defence, has signed an agreement to sell its steel bar division to an employee group. Terms were not disclosed in
        NYT  -  492 words
      • Article
        Lock icon Court orders Arnault to hand over share warrants
        246 19 AFP IN THE LATEST TWIST to what is fast becoming a French financial soapopera. a court on Tuesday ordered financier Bernard Arnault to hand over share warrants which he used last year to achieve control of the giant luxury goods company Louis
        AFP  -  246 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1817 19 Reuter FRANKFURT: West German shares hit new 1989 highs for the second straight day in early Frankfurt trade yesterday. 1 and undaunted by a fit of mid-session i profit-taking, closed higher across the t board. The real-time 30-share DAX Index crested at a new 1989 high of
        Reuter  -  1,817 words
      • Article
        Lock icon Kuwaiti stake in BP no longer an issue, says UK minister
        207 19 Reuter UK TRADE MINISTER Lord Young said Kuwait's stake in British Petroleum Co Pic (BP) was no longer an issue and Kuwait continued to invest in Britain. "That is an incident that is now behind us and I think
        Reuter  -  207 words
      • Article
        Lock icon Maxwell sells print unit to Mirror Group for £270.3 m
        152 19 Reuter PUBLISHING GROUP Maxwell Communication Corp pic has sold British Newspaper Printing Corp group (BNPC) to Mirror Group Newspapers Ltd for £270.3 million. BNPC earns most of its revenue from printing Mirror Group titles. MCC chairman Robert Maxwell owns Mirror
        Reuter  -  152 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      255 15 Make Your Savings Grow Through Union Investment Fund and Union Singapore Fund I Invest in professionally managed, diversified portfolios L that spread your risks. And free you from the hassle of fl payment, scrip delivery, registration and monitoring of I your investment. I Now at a special 2% discount. I
      255 words
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      Page 15 Advertisements Column 2
      183 15 I This announcement appears as a matter of record only HONG LEONG CORPORATION LTD 5575,000,000 Dual Currency Notes Issuance Facility With A Partial Underwriting Commitment Arranged by Chase Investment Bank (Singapore) Limited Underwriters The Chase Manhattan Bank, N.A. Malayan Banking Berhad. Singapore Branch NDC Merchant Bank Ltd Overseas Union Bank
      183 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      203 18 sional charges for the work involved. 3. SPECIAL RESOLUTION DISTRIBUTION OF ASSETS IN SPECIE That the liquidators of the company be authorised to exercise any of the powers given by Section 272(1) and (2) of the Companies Act, Cap. 50 and to distribute to members in specie any part of
      203 words
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      Page 18 Advertisements Column 2
      609 18 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 i j, AND IN THE MATTER OF LIAN HONG MACHINERY PTE LTD (In Voluntary Liquidation) Members' Voluntary Winding-Up At an Extraordinary General Meeting of the Members of the abovenamed company duly convened and held at 55 Ist Floor Telok Ayer Street,
      609 words
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      Page 18 Advertisements Column 3
      9 18 /=$%"$;\$."|~&-|<(`*%.!%;-`<+~+ Managers must manage, BT shows you how, every Monday
      9 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      14 19 Paris prlcas war* not •vailabto. A lively way with words jTms-fiwas Dictionary of mm
      14 words
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      Page 19 Advertisements Column 2
      49 19 SOEJ Notice is hereby given that the Register of Members of the Company will be closed for the period 17 June to 29 June 1989, both days inclusive, for the preparation of dividend warrants. By Order of the Board Toh Chye Heng Secretary Singapore, 31 May 1989 S. v_
      49 words
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  • Article
    TDB acts to control usage of ozone-depleting gases
    620 20  -  INTERNATIONAL CONTROLS IN FORCE NEXT MONTH By GENEVIEVE CUA THE GOVERNMENT appears to be stepping up efforts to ascertain Singapore's pattern of usage of ozone-depleting gases, mindful of the fact that international controls on the gases will be in force next month
    620 words
  • Article
    Lock icon US aerospace products find good market in Pacific rim countries
    383 20 Bernama THE PACIFIC RIM countries have become a significant market for US aerospace industry products during the 1980 s with exports to the region increasing from US$3.9 billion in 1980 to US$7 billion in 1988, the Aerospace Industries Association (AIA)
    Bernama  -  383 words
  • Article
    HK politicians seek earlier election of chief executive
    376 20  -  By FOO CHOY PENG Hongkong Correspondent HONGKONG'S politicians are now pressing for an earlier direct election of their future head of government. Prompted by the political unrest in Beijing, the colony's executive and legislative councillors have agreed that the chief executive be
    376 words
  • Article
    Lock icon Suharto calls for revamp of civil servants' image
    353 20 AFP INDONESIAN President Suharto has called for a revamp of the public image of civil servants whom he criticised for their lack of dedication, the official Antara news agency reported on Wednesday. "We have to eliminate the impression that a civil servant
    AFP  -  353 words
  • Article
    Lock icon Moscow, Jakarta to boost trade ties
    95 20 UPI SOVIET and Indonesian ministers agreed to diversify and strengthen trade relations during their recent meetings in Moscow, officials said on Wednesday. The pledges were exchanged during the visit of Indonesian Foreign Minister Ali Alatas to the Soviet Union, according to a bilateral statement
    UPI  -  95 words
  • Article
    Lock icon Million form human chain to support China students
    210 20 AP AN ESTIMATED one million people linked hands in the rain yesterday to form a human chain from north to south Taiwan in support of the student-led democracy movement in China. Organisers said the chain, from Keelung in the north to Kaohsiung
    AP  -  210 words
  • Article, Illustration
    Indonesia to step up telephone service throughout country under Repelita V
    477 20  -  By DAVID CHEW of the Foreign Desk WITH 950,000 telephone lines for 175 million people spread out in a vast territory stretching from Sabang in North Sumatra to Merauke in Irian Jaya, Indonesia's telephone density of 0.51 is among
    477 words
  • Article
    Lock icon Taiwan steel firm to set up mill abroad
    330 20 Reuter STATE-OWNED China Steel Corp, Taiwan's largest steelmaker, plans to invest NT$BO billion to set up a three-mil-lion-tonne mill abroad, a company spokesman said. He said that the company had sent officials to conduct surveys in Australia, Canada and Malaysia. The results
    Reuter  -  330 words
  • Article
    Lock icon Next Malaysian general election expected to cost commission M$12m
    129 20 Bernama THE NEXT Malaysian general election is expected to cost the election commission some Msl2 million, its secretary. Haji Abdul Rashid Abdul Rahman, said yesterday. He said the commission had to increase the budget to cope with the situation. The budget
    Bernama  -  129 words
  • Article
    Lock icon S Korea expects fall in trade
    127 20 Reuter SOUTH KOREA'S trade surplus is likely to plunge this year because of pay rises, trade pressures from the United States and an appreciating currency, trade officials said yesterday. The Korea Foreign Trade Association (KFTA) in Seoul forecast this year's customs-cleared trade surplus would
    Reuter  -  127 words
  • Article
    Lock icon Comex gold
    92 20 Reuter COMEX GOLD FUTURES fell early in the August contract yesterday in reaction to the unexpectedly small 1,226 delivery notices issued in spot June. Spot June lost US$l.BO at U*****.90 an ounce and August dropped US$2.6O at U*****.10. Analysts said the low notices caused the price differential be-
    Reuter  -  92 words
  • Article, Illustration
    Lock icon Chinese farmers and workers show support for government
    265 20 jf The China question AP THOUSANDS of farmers and workers yesterday marched in support of socialism and Premier Li Peng's hard-line policies in a government-backed rally opposing the student movement for democratic reform. The first pro-government demonstration in China s six-week-tong political
    AP  -  265 words
  • Article
    Lock icon UK holiday plans may go foul
    102 20 Reuter A STRIKE at passport offices, the latest in a flurry of industrial conflicts, could force Britons to abandon foreign travel plans and settle for a holiday at home. The Civil and Public Servants' Association (CPSA) said that four offices were voting yesterday on
    Reuter  -  102 words
  • LATE FILE
    • Article
      Lock icon Japan rallies Western support
      51 20 Reuter JAPANESE Foreign Minister Soeuke Uno yesterday rallied the support of Western industrial nations at a two-day meeting of the Organisation for Economic Cooperation and Development in Paris against the threat of US trade sanctions and accused Washington of undermining confidence in the global trading system.
      Reuter  -  51 words
    • Article
      Lock icon 'US fears groundless'
      46 20 Reuter THE European Community has told Washington it need not worry that EC standards for products might exclude US goods when a single European market is formed in 1992, according to Martin Bangemann, EC commissioner for the internal market and industrisl affairs. Reuter
      Reuter  -  46 words
    • Article
      Lock icon 238.4 billion peso budget approved
      42 20 Reuter PHILIPPINE President Corezon Aquino's Cebinet Approved a 238.4 billion peso budget for calendar 1990, 4.8 per cent higher than the current budget of 227.4 billion peso, according to a statement from the presidential palace yesterday. Reuter
      Reuter  -  42 words
    • Article
      Lock icon Investment areas in Burma
      35 20 UPI FOREIGN businessmen will be allowed to invest in nine specified areas agriculture, fisheries, forestry, mining, manufacturing, construction, transport, communications and trade under newly-liberalised policies, the Burmese government announced yesterday. UPI
      UPI  -  35 words
    • Article
      Lock icon Italian trade deficit up sharply
      35 20 AFP ITALY'S trade deficit increased to 1.663 trillion lire (US$l.l4 billion) in April, two-and-a-half times the 665-billion-lire figure recorded a year earlier, the national Istat statistics office said yesterday. AFP
      AFP  -  35 words
    • Article
      Lock icon Investment doubles in India
      30 20 Reuter APPROVED foreign investment in India more than doubled in 1988 to 2.39 billion rupees from 1.07 billion rupees a year earlier, the Finance Ministry said.
      Reuter  -  30 words
    • Article
      Lock icon Sino-Indian committee to meet
      50 20 AFP A SINO-INDIAN joint committee set up to resolve a nagging border dispute will meet for the first time in Beijing at the end of June, a spokesman for the Indian Foreign Ministry said yesterday. He did not specify the exact dates of the meeting. AFP
      AFP  -  50 words
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      Lock icon Angola wants US diplomatic ties
      34 20 Reuter ANGOLA has called on the US to establish diplomatic relations and stop aid to rightwing Unita rebels, the Angolan news agency Angop, monitored in Lisbon, reported yesterday. Reuter
      Reuter  -  34 words
    • Article
      Lock icon Argentines guard property
      37 20 Reuter ARGENTINE traders and home owners yesterday guarded their property with shotguns and small arms after food riots and looting in which at least 14 people have been killed, dozens injured and hundreds detained.
      Reuter  -  37 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Keppel to repair UK bulk ship
        114 21 Reuter THE damaged British bulk carrier Mineral Europe has had most of its cargo of coal transferred to other vessels in Singapore and on completion of the transfer is expected to enter Keppel Shipyard for repairs lasting about six weeks, Lloyds Shipping Intelligence Service
        Reuter  -  114 words
      • Article
        Lock icon Moody's rating of Sea Containers
        114 21 Reuter MOODY'S Investors Service Inc has changed the status of its review of Sea Containers Ltd's (SCL) debt rating to direction uncertain from a potential downgrade. About US$lBO million is affected. Moody's said the rating action is in response to a tender offer for SCL
        Reuter  -  114 words
      • Article
        Lock icon Jamaica to step up port security
        93 21 Reuter JAMAICA will enforce new regulations this week to tighten security at its ports in an effort to stop drug smuggling, Minister of National Security K D Knight said. He was quoted by the official news agency Jampress as saying the measures included registration
        Reuter  -  93 words
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        Lock icon Mitsui expects one billion yen profit
        141 21 Reuter MITSUI Engineering and Shipbuilding Co Ltd expects parent net profit of one billion yen in the year ending March 31, 1990, after a 4.68 billion yen loss a year earlier, the company said in a statement. It expects current profit of two billion
        Reuter  -  141 words
    • Article
      Lock icon South Korea reports sharp rise in orders
      197 21 AFP FOREIGN orders for South Kore-an-built ships increased sharply in the first five months of the year compared with the same period last year due to surging demand worldwide, officials said. Foreign orders increased 29 per cent in tonnage terms to 1.43 million
      AFP  -  197 words
    • Article
      Index to advertisers
      824 21 ABC Contoinerline XI 5 Accord Shpg VIH 3/4 Arrow lines XI 5 ANl III 1/2 A PC line VH 5 API V 3-5 Asa V 1 Australia line VII 1 Bolt-Canada line IX 4/5 Bait-Orient line IX 4/5 Baltic Orient Shpg XI 4 Bonglodesh Shpg VII 2
      824 words
    • Article, Illustration
      NYK to double trans-Pacific service sailings
      424 21  -  By JEAN FOONG JAPANESE shipping major Nippon Yusen Kaisha (NYK) Line will from today double its current trans-Pa-cific service to twice-weekly fixedday sailings. A new Friday sailing is using space on the Trio consortium's vessels to feeder United Statesbound cargo from Singapore to Hongkong.
      424 words
    • Article
      Holland promoting itself as EC's distribution centre
      356 21  -  By RAHITA ELIAS HOLLAND, in preparation for 1992, is promoting itself as the European Community's (EC) distribution centre. Billing the country as the "Straight Way to Europe," the Holland International Distribution Council (HIDC) hopes to "maintain, and boost, the country's already strong position"
      356 words
    • Article
      Pertamina will buy 31 new oil tankers
      158 21 PERTAMINA. the Indonesian stateowned oil company, intends to reduce its dependence on chartered ships by buying more vessels and building more oil depots in the country. A company official told Antara that "Pertamina will buy at least 31 new oil tankers of 1,500
      158 words
    • Article
      Lock icon Hapag-Lloyd's net profit drops to 41m marks
      168 21 Reuter THE group net profit of shipping and tourism company Hapag-Lloyd AG fell to 41 million marks in calendar 1988 from a previous 71 million, deputy management board chairman Bernd Wrede said. Wrede said the reason for the profit fall was that tax
      Reuter  -  168 words
    • Article
      Lock icon Seaforth's fleet sold for £19m
      97 21 Reuter JAMES Finlay pic and Taylor Woodrow pic said their Seaforth Marine Ltd unit had agreed to sell its fleet of eight North Sea vessels to Sverre Farstad and Co A/S for £18.7 million. Finlay owns 55 per cent of Seaforth and Taylor Woodrow has
      Reuter  -  97 words
    • Article
      Lock icon Italian port boasts of having one of the best productivity records
      913 22 La Spezia to focus attention on service The Journal of Commerce LA SPEZIA, Italy It's small but mighty. That's the immediate impression a first-time visitor gets of tt\e- La Spezia Container Terminal, nestled in the (eJ[ing green hills of
      The Journal of Commerce  -  913 words
    • Article, Illustration
      Lock icon South Korean yards working at full capacity
      446 22 Korea Trade Centre (Singapore) THE DOCKYARDS in Koje Island, South Korea's biggest shipbuilding complex, were once mothballed due to the industry's protracted slump. Now, the boisterous sounds of hammering replace harsh slogans of striking workers. The mood in the southern island city is
      Korea Trade Centre (Singapore)  -  446 words
    • Article
      Lock icon Weekly freights
      789 22 AFP FREIGHT rates for grain carriers continued the downward trend set at the end of the previous week, as cargo availability tightened and more early loading vessels arrived on the market, brokers said. The Baltic Freight Index closed 77 points down on ths-week at 1,667 points, 84 points
      AFP  -  789 words
    • Article, Illustration
      World Port Conditions
      295 22 All surveys were conducted on May 9. ASIA Bangladesh: Chittagong 20 vessels operating. China: Dalian, Xingang, Qingdao Normal operation. India: Calcutta, Madras Waiting time of up to five days. Cochin Waiting time of up to three days. Kandla Waiting time of up to two weeks. Bombay Waiting
      295 words
    • Article
      Lock icon Stena finalises takeover of Dutch operator
      107 22 Reuter SWEDISH shipping concern Stena Line AB said it finalised its takeover of Dutch ferry operator Stoomvaart Maatschappij Zeeland Koninklijke Nederlandsche Poostvart NV. Stena said it was buying 70 per cent from the Dutch state and 4.3 per cent from Internatio-Muell-er NV. It also
      Reuter  -  107 words
    • Article
      Who acts for whom ...
      2310 22 Who acts for whom A —B AS Shipping BouaMad Shpg Agenciea (8). ABBS Line SMS PM LM (SyTunaa Sett* (PK/KL) ABC Containertine NV Fargo Shpg Co (8) Accord Shpg Accord Shpg (SyAccord Container Line (PK/PN) Ahrenklef Liner Kim Shpg (8) Alfred C Toepter Oceanua Shipping Agency (S)/MulOport Sdn Bhd (PK)
      2,310 words
    • Article
      PAT wants decision on operator for Laem Chabang
      232 23  -  By Richard Ng THE PORT Authority of Thailand wants the Thai government to decide immediately whether the Laem Chabang deep-sea port is to be managed privately or by the PAT to avoid an inefficient start-up and possible loss of business. PAT deputy
      232 words
    • Article
      London Freights
      1096 23 EXPECTATIONS that freight rates will ease in the next few weeks saw another large drop in the Baltic 1 Freight Index with the BFI panel marking down all the heavily weighted grain routes from the US to Japan and the Continent. It fell 41 points to 1.626. Brokers
      1,096 words
    • Article
      SHIPPING LIST where your ships are due... and when
      5869 30 AARHUS Jl Tolaga Bay, Triot, June 1(PK). N< Kaga Triot, June 1. E< Arthur M. Maersk Line. June 1. Ville de Pluton, CM D'Affretement. 22 June 1. Ming Moon, Yang Ming. June 3. N Norasia Princeea. Norasia Line. G June 4.
      5,869 words
    • Article
      Container schedules/Ships in port
      1392 32 AT CONVENTIONAL WHARVES VmmI Voy No BarthArrival Dapartura KEPPEL WHARVES Boiyunshon 2/89 KI7 alongsid* 06 06/2300 Bongkok Nave 7WB K29 alongside 0206/ 2300 Equator Gran 1'89E K20 olongs.de 31 05/2359 Koto 6*ron. E 792 K32 olongsxie 0406/0600 Kola B*rlion 10E/89 K3I alongside 3105/ 1700 OMu I2AWB
      1,392 words
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      Page 23 Advertisements Column 1
      1230 23 Ml!// LVtlu-tUfil K* C?<u*li»y Si-rvu-f JARDINt SKIPPING AGENCIES 200 Unloowl Road »I 2 06 Soulhoo.ii Singapore 02» f« *****11 TUfX NO »S 241/1 TERMINAL,CFS r« J2C0211 no bookings r«4 aaoM in fCSAHA JAHO4MC SMIPfINC ACCNCItS SON MO POftT NIIANC Til *****18 Tetoa N» MAJJ427/MA3WOI PENANC TIL (***** TiliX NO MA4OO/3
      1,230 words
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      Page 23 Advertisements Column 2
      897 23 MAERSK LINE This MM Mette M Closing Tim* CY 5* 2300 MRS CFS 5/6 1300 MRS METTE M LARS M LAURA M REGINA M LEXA M MCKINNEY M LEOA M LICA M DESTINATIONS To C*litornia US Gulf OS Allantu Fast Canada All War. r S.•802 6/6 7* 8006 13/6 U/6
      897 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      785 24 ragt 1 v U Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT I V NORTHB IVYBAN TAUSAI CLVDEE TOtAGA BAY KAGA HEIDELBERG EXPRESS KOWLOON BAY HARTFORD EXPRESS ALASKA MARU MONTE ROSA LARGS BAY P KELANG SOUTHAMPTON 3/6 20/6 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP LE HAVRE 27/6 ALSO ACCEPTING CARGO TO: ALL UK INLAND GOTHtNBURG
      785 words
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      Page 24 Advertisements Column 2
      547 24 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO SPORE ROM/A DAM HBG HULL (U.K.) 12/6 lift 15/7 11/7 15/7 11,8 lid W 14/8 12/9 11/1 21fl NORTHBOUND TO UKC w'ii!i i.ni (ASIA-SOUTH PACIFIC JOINT SERVICE) TAYBANK VIOS COLUMBUS NIUGINI V7S SPORE 12/6 Port Moresby, Lae.
      547 words
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      Page 24 Advertisements Column 3
      957 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE NORASIA PRINCESS 8911 3 NORTH SEA 912-W NORASIA SINGA 8913-3 NORASIA AL MUNTAZAH 8914-3 (VIA FEEDCR) PKL 2/6 15/6 22/6 29/6 raunaom «L-munininn w" J «-»f» «-*i» —i- Also acceding cargo to all U.K. Destinations, Scandinavian (Aarhus, Copenhagen, Gothenburg) and other European Inland
      957 words
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      Page 25 Advertisements Column 1
      1131 25 Ollii A. ill VJ limua, AIIU&OUUJ) UMItV *«V« Steamers Maritime Holdings Ltd P&O Containers CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: HMtur! to CowMufxr Ajrto., GaU-ntwrf. Milmo. Stock h04«.. Sond.rbur« Rottantam to Antiaora. Aiwtartaai. Oala. Baila. lynch BrMMrtuvwi to Braman Southampton :to all UK tatiratwm. Mlul Md DuMin CONTAINERSHIP
      1,131 words
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      Page 25 Advertisements Column 2
      1061 25 Ti.CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EDROPE FULLY CONTAINERISED SERVICE BOUND Alto accepting for Inland UK destination* Antwerp and Scandanavian ports HANJIN MASAN Mtt HANJIN LEHAVRE 001E QUEENSWAY BRIOCE 008E CHOYANG PARK 002E Ldg for HKfKAO/KOBE/YOKO/BUSAN FMG FLOTA MEHCANTE GR ANCOLOMBIANA (NATIONAL LINE OF COLUMBIA) To Buenaventura/Barranquilla/Santa Marta/Cartagena Cristobal/Santo
      1,061 words
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      Page 25 Advertisements Column 3
      376 25 Hai Sun Hup Co (Pte) Ltd TEL *****06 (20 Llnet) TLX R*****1 R520«72 t KASTKKN ("AK LIN'KK LTD. m •twits/ japan/ mum service SPECIALIST IN RO-R0 HEAVY LIFT VESSEL SEKI SEKI AMRTA V ASIAN VESSEL SEKI KOCHI VOY NO 72 Hong Kong Yokohama Nagoya Osaka Senboku Moji Funabashi SEKI AMRTA
      376 words
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      Page 26 Advertisements Column 1
      585 26 FTH HISINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES Jl'iMJI < I'iU H KYOWA LINE SOUTH PACIFIC SERVICE MOTHER VSL KYOWA VIOLET V 25 KYOWA HIBISCUS V 37 LOAD FOR: GUAM. SAIPAN, HRA. VILA. NMA. LTK. SVA, PAGO. APIA GUAM. SAIPAN. HRA. VILA NMA. LTK, SVA. PAGO, APIA
      585 words
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      Page 26 Advertisements Column 2
      732 26 0 HANJIN SHIPPING CO., LTD N f AtNERISEC' SER\ i TO EUROPE VIA SUEZ HANJIN TONGMAE 06IW 3(6 HANJIN ROTTERDAM 003W 10,« CHOYANG CHANCE OCW 17,6 HANJIN HASAN 0«*» 2*fi S port I L«Havr# R dim H buff B haiwn Ftlow* a« Tib 2ili ?V6 2W m W V 5/7
      732 words
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      Page 26 Advertisements Column 3
      197 26 INTEROCEAN LINE 78. 2nd Floor, J«4«« 2/71. T.man Tun Dr. temoll. *>000 KL. T«4: 71M734, ******4, ***** M TLX. MO. MA-37tW FAX: 03-7173t11 Ponong O* Tol: 3*0437. 35Q402 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOUTKfINUK REGULAR INER SEHVCES iFOBNCHTL* SA*JNG) HONG KONG PORT KELANG
      197 words
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      Page 26 Advertisements Column 4
      900 26 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GREET EVER GOLDEN EVER GLOBE EVER GENIUS EVER GIANT ALSO ACCEPTING CARGO TO 1) PROVIOENCE NEWARK SAVANNAH BOSTON PHILADELPHIA NORFOLK JACKSONVILLE WILMINGTON BERMUDA. ETC T) ATLANTA CHICAGO OETROIT COLUMBUS t OTHER MAJOR MCROBRIOGE DESTINATIONS J) MLBOA LIMON MONTREAL TORONTO VIA NEW
      900 words
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      Page 27 Advertisements Column 1
      1019 27 Snlri lIITICiCy, inuiauaj, u uuc i♦ PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, 03-00, Singapore 0106. Tel. *****33 CONTAINER SERVICES FAR EAST VESSEL GOWA HAI GUANG MAJAPAHIT ACCEPTING MURURAN/TOMAKOMAI/HfTACHI CARGO VIA HKG JAKARTA VESSEL HAI GUANG SEA HAWK SEA HAWK MAJAPAHIT SEA HAWK BELAWAN/STRAITS VESSEL SEA GLORY SEA GLORY
      1,019 words
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      Page 27 Advertisements Column 2
      432 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FROM UK/CONTINENT ALL VESSELS ACCEPT TRANSHIPMENT CARGO TO/FROM PENANC AND EAST MALAYSIAN PORTS TASMAN ASIA SHIPPING TO NEW CALEDONIA. FIJI AND NEW ZEALAND W] MAIN LINE (TS) HUG NOUMEA SUVA AKL NAP TIM 9/6 T.A. VOYAGER 2S 20,6 15/7
      432 words
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      Page 27 Advertisements Column 3
      379 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA HOYD f.T. KSUBI LLOYB p.T. SAMMDEM IWDOMESI* P.T. TMKOM LLOYB fixPRESS SEMI CONTAINERSHIP SERVICES 1 SIM6APORE TO EUROPE VSUVOY STORE ANTWERP H BURG/ RDAM ADAM BREMEN SRIWUAYA/2WB 7 9/4 (CONVENTIONAL FULLY BOOKED) (CONTAINERISED CARGO ACCEPTABLE) S PANJANG/22 WB 1«-17/« 13/7 '•'J (ACCEPTING
      379 words
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      Page 27 Advertisements Column 4
      444 27 BOUSTEAD SHIPPING AGENCIES in PAGAN VI4IW LOIKA* Vl46* HTONEYWA V249W PA AN Vlm SITTWAY V4OW MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Bangkok NORTHBOUND TO UKC IVYBANK V24N TAUSALA SAMOA VISN CLYDEBANK V26N THE BANK LINE SEMI-CONTAINER SERVICE RDAM HMBG HULL 14/7 11/7
      444 words
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      475 28 \V Kline KAWASAKI KIStN KAISHA. LTD. EXPORT 111 IMPORT FEEDER VESSEL VO SEVEN SEAS BRIDGE 71E HONGKONG CONTAINER 60£ RHEIN BRIDGE 2E NUMBER BRIDGE 3E rttr EXPORT 1.i.1 'MPORT i?T*rTT> I m ii m i>:r U 3 < i ptfA.raAßl Mviv ;;j:H A 5 AGEN'S KAWASAKI SINGAPORE (PTE) t_TD ~z_
      475 words
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      Page 28 Advertisements Column 2
      601 28 ci zz^me AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* SIDAS ¥.41 4 J 'OAS *43 I SIDAS ¥.42 n J IDAS V 44 22 I SIDAS 43 14 »it time Singapore Melbourne IMli'l J:I :k#J LM a < :l'i Wi Accepting FCL/FCL Container* Singapore P Helang Penang B» Feeder By
      601 words
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      Page 28 Advertisements Column 3
      468 28 STRAITS/PERSIAN GULF SERVICE: GOLDEN HARVEST CotanOo KjndM/Outei GOLDEN WON OCR Catomte/KwKtii'OubM CHINA SERVICE BAI TUN SHAN ru/hou/Sh»o|tu. A VESSEL Sfunghji GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 21. T*M Aytr Street SINGAPORE 01M TU: SJ«l*» (10 LINES) Far *****04 GULF SERVICE: S pore P. Ketone Pmmj S'pore P. 1* JwtM
      468 words
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      Page 28 Advertisements Column 4
      531 28 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD sO7-1 AFRO ASIA BUILDING. SINGAPORE ClO6 TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST Fa LCI SBIVICf DUBAI. OAMMAN KUWAIT. DOHA. MUSCAT. BAHRAIN ABU DHABI t SHARJAH ETA SINGAPORE JEDOAH (LCL) WEEKLY AQABA. HOOCIDAH NEW GENLORD EAST/WEST AFRICA/MED. Fa i LCI
      531 words
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      Page 29 Advertisements Column 1
      1357 29 Agents S poie Gfttrii Boo* NEPTUNE AGENCIES PTE. LTD Bookings Inward/ Twminal CFS NEPIINE SON BHD Genaral Bookings Bookings inwara; irminai v-ro Enawrns ft EU/AUST TPA/StA Outward *****22 *****53 2T8977 *****53 *****42 *****44 *****19 *****16 *****11 *****4* (CR NO. **********0E) EXPORT P Kelang luropw P«nan« *****8/ *****33 *****5 Ptnani I
      1,357 words
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      Page 29 Advertisements Column 2
      819 29 Oil NOW V SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41 2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** MMAMf KcLANG y.| tMiPPING 121 PMiftf Street PcnjM MiUysti M/S HANDLING SYSTEM CO SON
      819 words
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      Page 30 Advertisements Column 1
      255 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEI 225 6868 (34 linesl FAX *****39/*****76 TUEX HS ***** A B SSCMA RS ***** A B SSCAD DSR-LINES VEB DEUTFRACHT SEEREEDEREI ROSTOCK INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE •LCA ANT HESSE SEI HUEjI El Em ES I
      255 words
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      Page 30 Advertisements Column 2
      71 30 T.S.K. LINE WEEKLY CONTAINERISED SERVICE (VlTh FIXED OAY ABRIVAi KABUKI V 22 HERMES ACE V? 2 HAKUSAN II VI CONTINENT V7l KABUKI VZ3 HERMES ACE V7J rnr^nsQIIGSCSESCIEiSII aMtnataaaieacail msmuußomci EXPORTS TO SURABAYA TSKLINE AGENCIES (S) PTE LTD TEL: *****68 NYK AGENCIES (M) SON BHD TEL K L *****66 PKL *****15
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      Page 30 Advertisements Column 3
      8 30 The complete Shipping List will be published tomorrow.
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      147 30 w 51 A 3 W' OX 55 r A SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. Jun« 1,1989 LEGEND RTmOWOtme c r Thunderstorm Weother Wind d*et»«o with sp<"*d knot* Show#' (~J Rlemperoture Thundrn'otn Weother Wmd d*et»«o with speed knots Show#' (~J Rom Wove henjht Cloudy Sky Swrtoce w«4s <"*
      147 words
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      358 31 UNIPACIFIC TRANS. 1 -i TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IV D IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE MV ALKINDI IBN ALROOMI ETA S PORE Sid 13/6 LOADING FOR Um Qsar,'Basrah,' Baghdad Iraq/Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS
      358 words
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      Page 31 Advertisements Column 2
      302 31 I iffl RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 Lines) FAX *****15 TELEX BS ***** RISHIP (3 Lines) M| im of Ethtopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKG ETA LOADING FO« PEN/PKG ETA LOAWNG FO« NETSANET S^ RE DARESSALAAM. MOMBASA, DJIBOUTI W? VsWB ASSAB. MASSAWA MOOCIOAM ABBAY WONZ 12/7
      302 words
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      Page 31 Advertisements Column 3
      907 31 SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 5/6 BUSAN 5/6 BOMBAY 4/6 COLOMBO 3/6 CHITTAGONG 4/6 HONGKONG 5/6 CALCUTTA 6/6 MUARA/LABUAN/KK 6/6 KUCHING/SIBU 6/6 TOKYO/YOKO/KOBE 8/6 LE HAVRE/HAMBURG 6/6 FELIXSTOWE/R'DAM 6/6 KEELUNG/KAOSHIUNG 4/6 FREMANTLE 6/6 SYDNEY/MELBOURNE 6/6 LONG BEACH/LOS ANGELES 6/6 ALSO ACCEPTING CARGO
      907 words
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      Page 31 Advertisements Column 4
      146 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE CONTACT PERSONS :MR ROBERT ON/ NENRY/ ANWAR/ PETER LEO TELEPHONE NO. *****71, *****72 TELEX/FAX NOS :RS ***** BALTRA/*****73 OFFICE AOORESS :79 ROBINSON ROAD, #24-04 CPF BUILDING. SINGAPORE 0100 OUR CUSTOM REGISTRATION NO: 1M*****000M. ajaa55J3QS Hamburg West Germany Tiger Line INDEPENDANT COMMON
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      Page 31 Advertisements Column 5
      74 31 I' REGULAR EXPRESS FCL LCL SERVICE DESTINATION ETA SINGAPORE m ABC TO AUSTRALIA/NEW ZEALAND VSL C. VfROLUt 22S MTKIHII 221 tut expws at t MUD* 229 Also »<x*ptinf cargo to AUSTRALIA NEW ZEALAND TO USA/CANADA Wellington. Njpt*r. Chmtchurch 19 DATS FROM FOS/MARSEILLES FROM USA/CANAOA/EUROPE/MEDITERRANEAN Vtl C. VEROLME ANTWERPEN TNT EXPRESS
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      203 32 nrr commercial freight s storage fyj PTE. LTO. (MEMBER OF C.F. SHARP GROUP) WEEKLY LCUFCL CONSOL TO PHILIPPINES AUSTRALIA ARABIAN GULF TEL: *****66 TLX:RS ***** FAX: *****12 SUN UNION LINE REGULAR SERVICE TO KARACHI S PORE LOADING FOR OCEAN HAWK Vll6 22/6 KARACHI Agents: SHWUSAWA MEISHM M.T.V. TRANSPORTATION CO. (PTE)
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      68 32 sivsfe SWISS SHIPPING PTE LTD Telok Hlangah Road #00 07. Telok Blangah House Singapore 0406 Tel: *****68 Lines) Tlx M 782 SSFA CIR NO. 1176 *****00 H FAR EAST/EUROPE MONTHLY BREAK BULK SERVICE ETA SIN PKL PEN GASIKARA 1975 10/6 13/6 17/6 ANTWERP. HAMBURG. ROTTERDAM. BREMEN TBN 15/7 18/7 20/7
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      705 32 bic JE CONTAINER LINE If- A TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PENANC BANGKOK HONG KONG CHINA KAOHSIUNG KEELUNG 3/6 I 10/4 J/6 10/6 2/6 i 7/6 3/6 4 1/6 1/64 w 2/6 4 5/6 """4 mm SRI LANKA/ INDIA
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      411 32 ■IiHI Mitsui OS K Lines Lid CONNECTiNG AT TO EXPORTS TO PSW DOUBLE STACK TRAINS ETA cana [DDii r a 1 Eniuiaaaaa t7 —mn f" 'V i!■"i lit IgJfTTM Ml'-Mi'! lYiiUjgiijJjFT» rr —mn rn'"i. i .wy: :iTJ mi'Jtj, 1 i.iii LjlLilElEigilllO lddkj PSS E B iE^nnggaoga OUR NEW USA SERVICE
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