The Business Times, 13 June 1989

Microfilm: NL16652
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, JUNE 13, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    265 1 Dow Jones down THE NEW YORK stock market started the week on a bearish note yesterday morning, with shares under pressure from profit-taking. The Dow Jones average of 30 industrials, which lost 3.49 points on Friday, shed another 16.22 points and stood at 2,497.20 at 1430 GMT
    265 words
  • Article, Illustration
    Sharp recovery in S'pore and Hongkong markets
    289 1 SHARE PRICES in Singapore and Hongkong closed markedly higher yesterday in the absence of new political developments in China over the weekend The Straits Times Industrials Index moved up 35.27 points to record its highest single-day rise for the year. The STII closed
    289 words
  • Article
    Heavy dollar buyirg in Tokyo
    156 1 THE US DOLLAR yesterday closed at a 22-month high of 148.40 yen in Tokyo on a buying spree built up amid prospects of higher US interest rates. Dealers said the heavy dollar buying was sparked off by the weekend announcement of a larger-than-expected 0.8 per
    156 words
  • Article
    Lock icon Seagate to take over Control Data Corp subsidiary for US$450m
    148 1 Reuter SEAGATE TECHNOLOGY INC has signed a letter of intent to acquire Imprimis Technology Inc. the data storage products subsidiary of Control Data Corp, lor about US$45O million in cash and securities. The company said yesterday in Scotts Valley, California,
    Reuter  -  148 words
  • Article
    Lock icon Soviet missiles aimed at US bases in Philippines
    183 1 Reuter THE SOVIET UNION has told the Philippines that Soviet long-range missiles were aimed at two major US military bases north of Manila, the Philippine ambassador to Moscow said in his annual report. Mr Alejandro Melchor said first Soviet deputy foreign minister
    Reuter  -  183 words
  • Article
    Lock icon China bans pro-democracy groups
    491 1 The China question DEMAND FOR GROUP LEADERS TO SURRENDER Agencies CHINA announced yesterday a ban on all student and worker groups that spearheaded the pro-democracy movement, and demanded that all their leaders surrender to authorities. "All illegal organisations which incite or create social disturbances and counter-revolu-tionary
    Agencies  -  491 words
  • Article
    Six parties tender for STPB's Tanglin site
    544 1  -  SURPRISE BID FROM AUSSIE FIRM MAY BE THE HIGHEST By LEE HAN SHIH, SUZANNE SOH SIX COMPANIES yesterday tendered for the Singapore Tourist Promotion Board's Tanglin site, with bids estimated to range from $80 million to more than $160 million. They comprised three
    544 words
  • Article, Illustration
    Goh to launch economic council in Japan
    552 1 FIRST DEPUTY Prime Minister Goh Chok Tong. who left for a week-long official visit to Japan yesterday, will launch a high-powered Economic Advisory Council there made up of top Japanese and Singapore businessmen Initiated by Singapore Ambassador to Japan Cheng Tong Fatt. the
    552 words
  • Article
    Lock icon KL unions set up rival body
    105 1 Bernama THE MALAYSIAN Labour Organisation (MLO), a new umbrella body for trade unions, was formed yesterday as an alternative to the Malaysian Trades Union Congress (MTUC). Representatives from 15 unions, representing nearly 142,000 workers, attended the inaugural meeting which elected the president of the
    Bernama  -  105 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      144 1 The World s Finest Photographic System. Identical write to the last detail. Except their point I sizes. r You already know the Pilot Hi-tecpoint V 5. Now, meet the all-new Ml. We call them the identical high-tech twins. Similar in all r aspects -upto a point. The V 5 writes
      144 words
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      Page 1 Advertisements Column 2
      229 1 Full report, PAGE 18 Regional mkts, PAGE 20 Editorial Comment: 10 Family life society holds key Spain 1* Building towards 1992 Electronic gadgets 13 New wonders on show Airlines and hotels 2 More business travellers expected US deficit Washington under fire Trade talks with Moscow to start OUB revamp 7
      229 words
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      Page 1 Advertisements Column 3
      9 1 More stories on PAGES 10, 11 and BACK PAGE
      9 words
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      Page 1 Advertisements Column 4
      233 1 Nikon The World's Finest Photographic System. i UiC's purchase in (eopardy UlC's $81-million purchase of the land behind the Paragon is in jeopardy. Three parties have objected to plans for the site. PAGE 17 CEOs and their PCs ARE personal computers an essential tool for everyone in the company from
      233 words
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  • HOME NEWS
    • Article, Illustration
      More business travellers expected to visit Singapore
      457 2  -  HOTEL INDUSTRY LIKELY TO GROW By TAN KEE WEE HIGHER AIR FARES may slow down the inflow of holiday-mak-ers into Singapore, but its effects on the business traveller sector will be marginal. This is because business is the main consideration for such travellers,
      457 words
    • Article
      Korakuen putting up service apartments here
      349 2  -  By JOCELYN TOH KORAKUEN Stadium Co Ltd of Japan will be embarking on the construction of a block of service apartments in Singapore soon. The 12-storey block of 36 three-room service apartments will be built on a 1.860 sq m plot along Orange Grove
      349 words
    • Article
      Excursion fare seats from UK, Europe hard to come by
      417 2  -  By WU TA CHANG TRAVELLERS on excursion fare tickets are having difficulty getting plane seats back to Singapore from London and Europe because of three seasonal factors. They are the Singapore June school holidays, the annual European summer exodus and
      417 words
    • Article
      P&O buys Travelplan as vehicle of expansion
      350 2 THE BRITISH Peninsula and Oriental Steam Navigation Company (P&O group of companies) has re-entered the local travel industry with its recent acquisition of Travelplan, a travel agency. The Travelplan purchase will enable P&O to capitalise on Singapore's growing importance as a port of
      350 words
    • Article
      Singapore mission to explore biotech investment opportunities in Canada
      402 2 AN EIGHT-MEMBER team from Singapore leaves for Canada on Thursday on a two-week mission to explore joint venture and investment opportunities in biotechnology. The mission, comprising government and private sector representatives, is organised by the Economic Development Board and the Canadian
      402 words
    • Article
      Singapore Polytechnic opens Labrador campus
      230 2 SINGAPORE POLYTECHNIC kick- ed off its new academic year yesterday with the opening of a new off-site campus. The former Labrador Primary School at Pasir Panjang has been converted to meet the polytechnic's burgeoning intake for its business courses Singapore Polytechnic has admitted 560 business
      230 words
    • Article
      MEMO-PAD
      247 2 Seminars and courses jun 12-16 Jun 13 16 Jun 15-16 Jun 14-17 Jun 14-16 Jwn 17 Jun 21 Interacting Management RGA Training Centre Personnel Policies Personnel Development Practice Organisation Development Finance For Non-Financial Hilton Hotel Managers Designing and Implementing RGA Training a New Performance Appraisal Centre System Situational leadership
      247 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      194 2 In sales and leasing, we never miss the mark. r r JONES LANG WOOTTON THE ACHIEVERS Our aim was always to become the best marketing consultant for residential properties. A target which we have now attained, through our astonishing performance in this field. For over 200 years worldwide, |ones Lang
      194 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Daewoo shipyard workers call off strike
      266 3 AFP THOUSANDS of workers at South Korea's Daewoo shipyard returned to work yesterday five days after calling a strike in support of a pay hike, apparently cowed by a threat by the management to close down the yard. "We have decided to withhold our
      AFP  -  266 words
    • Article
      Lock icon Seoul offers to revive Red Cross talks with Pyongyang
      310 3 UPI SOUTH KOREA proposed to North Korea yesterday that the two sides revive full Red Cross talks between them to discuss humanitarian issues including the exchange of home visitors and performing artistes. Mr Kim Sang-Hyup, head of the South Korean Red
      UPI  -  310 words
    • Article
      Lock icon Nepal seeks Gatt membership and new trade partners
      397 3 Reuter NEPAL, seeking to step out of India's shadow, says it will apply for membership of the General Agreement on Tariffs and Trade (Gatt) and is pursuing new trade partners. Government spokesman RS Bista told reporters Nepal would seek Gatt membership now
      Reuter  -  397 words
    • Article
      Lock icon Donors to pledge record amounts of aid to Indonesia
      406 3 Reuter INDONESIA, the golden boy among Third World debtors, meets its aid donors this week in what is likely to be a largely ceremonial meeting to receive record pledges of fresh assistance for the coming year. If, as economists expect, donors
      Reuter  -  406 words
    • Article
      Lock icon Lange sees regional security role for NZ
      243 3 AP NEW ZEALAND Prime Minister David Lange yesterday said that the overall defence picture could no longer be seen in terms of East and West and that his country had a regional role to play. "The picture out there has become more of
      AP  -  243 words
    • Article
      Lock icon More Asians migrating to NZ
      261 3 AFP ASIAN immigration to New Zealand grew significantly in the year to March 31, with the number of people approved from Taiwan, China. Malaysia and Japan all more than doubling over the previous year, according to statistics released yesterday. The biggest increase came from Taiwan,
      AFP  -  261 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      207 3 m S > r features? N(W vftU don-, h ave to i Printer versatility is ensured as it is compatible with standard Because the afford* 1,0550 comes packed with features normally found IBM™ hardware and software which supports a wide range ofWcontrol codes, on other top line 24-pin dot matrix
      207 words
  • Page 3 Miscellaneous
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  • REST OF THE WORLD
    • Article
      Lock icon Central bankers chide US for failure to cut deficit
      437 4 Lower interest rates hinge on reducing budget gap NYT IN UNUSUALLY harsh language, the world's central bankers said that the failure of the United States to make further progress in reducing its budget deficit was deplorable. In its annual economic report,
      NYT  -  437 words
    • Article, Illustration
      Lock icon Lawson says 3pc growth sustainable
      386 4 Reuter THE CHANCELLOR of the Exchequer has said that a 3 per cent growth is sustainable for the British economy and remains consistent with the government's overriding objective of combating inflation. "We had growth far too fast... in the sense that the economy couldn't sustain
      Reuter  -  386 words
    • Article
      Lock icon Talk of Lawson-Thatcher rift revived
      231 4 Reuter CHANCELLOR of the Exchequer Nigel Lawson has revived talk of a rift with Prime Minister Margaret Thatcher by publicly differing >ith her on the cause of rising inflation in Britain. Last Sunday, he rejected as 400 simple Mrs Thatcher's view lhat his policy of
      Reuter  -  231 words
    • Article
      Lock icon 'US spends much more on defence than Soviet Union'
      176 4 AFP THE US DEFENCE BUDGET is "incomparably higher than the Soviet military budget", said Soviet chief of staff General Mikhail Moisseyev. US military spending accounted for 27.2 per cent of the national budget. Gen Moisseyev said in an article in the
      AFP  -  176 words
    • Article
      Lock icon EC-Soviet Union trade talks may begin soon
      528 4 IHT EUROPEAN COMMUNITY foreign ministers plan to approve without debate today the opening of formal negotiations with the Soviet Union on a 10-year trade and economic cooperation accord. according to EC Commission sources. Mr Frans Andriessen. the EC Commissioner for External Relations, said
      IHT  -  528 words
    • Article
      Lock icon Thatcher warns of socialist wave in EC
      145 4 AFP BRITISH Prime Minister Margaret Thatcher spoke up for a "Europe of independent states and free peoples'' in a new attack on centralised bureaucracy contained in a campaign message for the European elections. She warned that a leftwing victory in the European Parliament
      AFP  -  145 words
    • Article
      Lock icon Less overtime in UK firms
      74 4 Reuter ALMOST half of Britain's firms plan to reduce or eliminate the use of paid overtime. In its latest employment affairs report, the Confederation of British Industry (CBI) said methods of cutting included recruitment of more full-time, part-time and temporary workers, more flexible hours and
      Reuter  -  74 words
    • Article
      Lock icon G-7 focuses on ecology issues
      195 4 Reuter FRENCH President Francois Mitterrand wants agreement at the July economic summit of the seven richest nations on new funds to help cut atmospheric pollution. French government and international organisation officials said in Paris on Sunday that money was needed to pay for environmental research,
      Reuter  -  195 words
    • Article
      Lock icon Gaddafi lauds Bush's 'wisdom'
      194 4 AFP LIBYAN LEADER Muammar Gaddafi has praised what he called the "wisdom and maturity" of US President George Bush, saying he was sure Mr Bush would avoid the errors of his predecessor, Ronald Reagan. Speaking at a ceremony in Tripoli on Sunday marking the 19th anniversary
      AFP  -  194 words
    • Article
      Lock icon African economic reforms under fire
      172 4 AFP THE ECONOMIC REFORMS known popularly as SAP (Structural Adjustment Programme. a World Bank term) in 30 African countries including Nigeria "has left human skeletons strewn across the African landscape", a respected former Nigerian head of state has said. "There is virtually no sub-Saharan African
      AFP  -  172 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1052 4 ARRIVALS Operator Sorvico number Local From time StA SO 409 0610 MAA SEY HM601 0700 SEZ MAS MH640 0820 KUL SVA SV398 0835 JCD/RUH SIA SQ417 0905 DX8/KHI MAS MH653 0910 PEN MAS MH630 0920 KUL ACA AC888 0925 YY2/LON/BOM SIA SQ103 0950 KUL CAL 0806 1000
      1,052 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      347 4 v, ,y/ A \V >//a\V 7/aw V, W/.VV, M/AV A < WAW >J from adventurous to luxurious j You get taste everything Australia's Northern A Territory. There's adventure unlimited in a land so rich with mysteries and natural wonders. Yet the luxuries of world-class hotels and deluxe tours are h
      347 words
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      Page 4 Advertisements Column 2
      36 4 The buunns prr*o«'t choict mry Tuadty, Th«r»djy Saturday »md Sunday. Leaving Ckangi Airport at 22M Koun and arriving Hcathro* tarty the following worning. Cillrour Trirei Agti* or Air Cmadt 7)2tSSS. A BREA TH OF FRESH A!R
      36 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      168 4 \sraa m Max/ Mln (°C) 12/07 21/10 31/20 19/17 38/27 33/26 30/24 27/19 30/22 26/13 25/12 29/25 18/14 20/10 25/15 22/14 10/03 32/19 19/11 14/02 24/19 20/14 16/07 27/17 19/11 25/14 21/11 30/24 20/09 13/05 30/27 29/23 38/23 24/17 33/24 21/12 16/07 24/16 33/24 18/14 25/16 21/18 20/16 24/10 34/23
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1942 6 SINGAPORE: THE US dollar closed sharply higher against most currencies yesterday on active buying by Rc Japanese life insurance cw companies and investment trusts, dealers said. They said sentiment remained bullish with L<> profit-taking and Bank of *u Japan dollar-selling inter- Co vention well absorbed by institutional buying.
      1,942 words
    • Article
      Government Securities Market
      113 6 Treasury bills Day's Period Issue Yesterday's dosing code Maturity BID OfFER high low 3 months BQ*****Z 7.09.89 4.09 4.04 4.03 3.98 6 months BY*****H 23.11.89 4.09 4.04 1 year BY*****F 24.05.90 4.30 4.25 4.28 4.26 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      113 words
    • Article
      Asian dollar market
      301 6 ASIAN dollar deposit rates yesterday opened little changed from last Friday's 1 levels supported by a steady US Federal funds rate, dealers said. Monday/Tuesday, Tuesday/Wednesday and weekfixed were unchanged at a common 9-7/16 9-5/16 pet. The market is looking to this week's release of a batch of
      301 words
    • Article
      Money markets
      61 6 THE OVERNIGHT RATE dropped by 3/8 point to 5 per cent on the Singapore money market yesterday. Short-term rates (ell by 1/16 point across the board. S$ Interbank rates at the dose yesterday: OHH MO *9* S 4 7 ft 1-monfe 5 5/16 5 3/16 2-mortti 3 5/16
      61 words
    • Article
      Lock icon Simex
      484 6 BA Futures SEPTEMBER Eurodollar futures yesterday opened 15 ticks higher than Friday's Simex close at 91.62 supported by a stronger dollar and higher bond prices. The September contract eased to a low of 91.42 on profit-taking on sentiment that the Fed Reserve will not ease credit in the near
      BA Futures  -  484 words
    • Article
      IMM
      274 6 IMM CURRENCY futures slumped to huge daily losses last Friday as mounting bearishness battered values and turned the near-term outlook overwhelmingly negative. Trading picked up again late as orders to sell at the close kept values under intense pressure that traders expected would persist early this week. June Japanese
      274 words
    • Article, Illustration
      World interest rates
      176 6 huWcstM His iwn 9s of ft* prims Isndkig rates of 12 nu4or banks In S'pors Interbank market ratee (offer/bid) on June 12 us$ DM SWFC Y#n 7 doyi 1 IMK 12 t 7/1* 5/1* 5/1* 3/1* 3/1* 1/1* —»7/» 13/1* 13/1* 13 U 13 13/1* "/I* 14
      176 words
    • Article
      Options
      758 6 T-BONDS Mt B (CBT) 8100,000; pta and Mta C—ill ml 100% MULI 1 MM 92 8ap-c 0 3.09 mc* Marc Oi 5.28 3^48 ■re Oeeg Ml 0.27 1*7 •rg 118 94 134 4.06 4.28 0J1 1-40 110 96 113 2j63 124 118 122 98 1.17 102 131 2*4 i
      758 words
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      Page 6 Advertisements Column 1
      255 6 EXECUTIVES'S DESK Presents Seminars on:THE PSYCHOLOGICAL WINNING EDGE IN STOCK MARKET INVESTMENT 17TH JOKE 1989 $295 Did you react correctly to the China Cris4«? Is this an opportunity tor bargain hunters or should you unload* The psychological approach events in the stock market and the current direction. Mr Robert Tay.
      255 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Indian Bank signs US$25m FRCD in Singapore
      283 7  -  Proceeds will meet bank's long term funding need By QUAK HIANG WHAI THE INDIAN BANK yesterday signed a US$25 million floating rate certificates of deposit (FRCD). its sixth such issue here. Proceeds from the issue will be used to meet the bank's long
      283 words
    • Article
      Lock icon Menem plans to fight Argentina's high inflation with new currency
      334 7 Reuter PRESIDENT-ELECT Carlos Menem plans to combat Argentina's skyrocketing inflation with a plan that includes a sharp salary rise, the creation of a new currency and a deep tax reform, newspapers in Buenos Aires say. The daily La Nacion said
      Reuter  -  334 words
    • Article
      Income pays higher dividend
      141 7 INSURANCE CO-OPERATIVE NTUC Income is paying its shareholders a dividend of 8 per cent for the 1988 financial year, up from 6.5 per cent in the previous year. NTUC Income chairman Bernard Chen said in the co-opera-tive's latest annual report that the higher dividend declared was
      141 words
    • Article, Illustration
      Two new executive VPs appointed in OUB revamp
      598 7  -  Move to improve deployment of resources By QUAK HIANG WHAI THE OVERSEAS Union Bank has appointed two new executive vice-presidents and reorganised its corporate structure in an attempt to improve its deployment of resources and better support its strategic plans. The bank
      598 words
    • Article
      Lock icon Government reassures stability of BNZ
      399 7 AFP THE NEW ZEALAND government has moved to reassure international financial markets about the stability of the troubled Bank of New Zealand (BNZ) by temporarily injecting extra funds into the bank, a Treasury spokesman said yesterday. The NZ$2OO million (US$ll4 million) would shore up the
      AFP  -  399 words
    • Article
      Lock icon Debate on inclusion of escudo in ECU
      242 7 Reuter EC CENTRAL bankers yesterday debated an EC decision to include the Portuguese escudo in the European Currency Unit (ECU) basket, including what weighting it should have, monetary officials said. Portugal's decision to join the basket along with Spain from September was agreed
      Reuter  -  242 words
    • Article
      Lock icon G-7 to step up intervention if necessary: BOJ official
      338 7 Reuter THE GROUP of Seven (G-7) major nations is ready to step up its coordinated intervention if needed to counter the dollar's excessive rise, a senior Bank of Japan official said in Tokyo yesterday. He said the present dollar rise is
      Reuter  -  338 words
    • Article
      Lock icon Japanese banks can meet capital adequacy needs: BIS
      312 7 Reuter JAPANESE banks should be able to meet new capital adequacy requirements laid down for Group of 10 countries because of the strength of the Japanese stock market, the Bank for International Settlements (BIS) said. The BIS said in its annual report
      Reuter  -  312 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      9 7 WTI CAWONVWOITHe Fom mm?l fSAD»NKINer gcfIHANCE, WtfKNOW. ADVERTISEMENT mWWis
      9 words
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      Page 7 Advertisements Column 2
      57 7 itroen BX. The New Look. Just Arrived. V 5 The car that will take you into the 90s CITROEN E3 Call 172 Mil for a test drive. A MMI ADVANCE AUTOMOBILE (PTE) LTD .s r .o~ TV Molo' C'»dit L(d 4f,9Mir" so'' <*>*d 0' v-XW >x> 3- > C O
      57 words
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  • COMMODITIES
    • Article, Illustration
      Lock icon Singapore traders look to South Pacific for timber
      339 8 Optimism that Fiji and PNG will become big exporters AFP SINGAPORE traders have told Fiji and Papua New Guinea they will take as much timber as they can produce because ot export bans by traditional South-east Asian suppliers. A delegation from the
      AFP  -  339 words
    • Article
      Lock icon Malaysian commodity exports to China not affected by turmoil
      276 8 Bernama EXPORTS of Malaysian commodities to China have not been disrupted by the political turmoil in that country, Deputy Primary Industries Minister Oatuk Alias Ali said. He said commodities such as rubber and palm oil were still being exported to China
      Bernama  -  276 words
    • Article
      Lock icon Gold stocks up 240 tonnes
      267 8 Reuter OFFICIAL gold stocks rose by 240 tonnes in 1968, after contracting by 96 tonnes in 1987, according to estimates by the Bank for International Settlements (BIS). The BIS said in its annual report that last year's increase was largely accounted for by international institutions,
      Reuter  -  267 words
    • Article
      Lock icon Rubber
      388 8 Reuter SINGAPORE: Rubber prices closed easier yesterday with July 1 RSS quoted at 173.00 cents a kg, down 1.50 cents from Friday's close. Dealers said quiet conditions prevailed in the afternoon due to a lack of positive leads. Prices fluctuated within a narrow range from the morning's levels in
      Reuter  -  388 words
    • Article
      Lock icon Cuba's largest oil refinery expected to begin production next year
      391 8 Reuter CUBA'S biggest oil refinery, which still under construction, is scheduled to begin production next year, the Cuban news agency AIN reported last Sunday. The refinery, being built with Soviet aid, is located on the shore Of Cienfuegos Bay in
      Reuter  -  391 words
    • Article
      UAE expects stable oil prices
      291 8 THE GOVERNOR of the United Arab Emirates (UAE) central bank expects stable oil prices in the second half of the year, due to an increase in demand. "I expect oil prices to stabilise in the second half of this year as demand will increase in
      291 words
    • Article
      Produce Prices
      194 8 Chinese Produce Exchange Sellers' noon dosing prices on June 12 (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 NIW 567.50 Sarawak white 557.50 FOB foq NIW Sarawak special 427.50 black FOB NIW
      194 words
    • Article
      Lock icon Palm Oil
      286 8 Bernama Reuter Total o/p at at llOOhr* 4092 controcH. 1029 lot*. OoiJnfl ton* SttghHy Eo«J*r MALAYSIAN CRUDE PALM OIL FUTURES closed marginally lower in active trading on the Kuala Lumpur Commodity Exchange yesterday. Dealers said the market has been 'overdone' because of fear of delayed shipments of palm
      Bernama; Reuter  -  286 words
    • Article
      Lock icon KL Tin
      181 8 Reuter The Kuala Lumpur Tin Market (KLTM) closed 15 cents higher yesterday at M 527.67 a kg mainly due to a stronger US dollar against ringgit and strong buying demand at the opening, brokers said. Turnover of 93 tonnes were taken up mostly by European traders. Friday's disposal
      Reuter  -  181 words
    • Article
      Precious Metals
      441 8 HONGKONG: Gold closed easier yester- day in active but choppy J two-way trading on short- covering by investors, dealers said. They said selling orders 1 from Japanese and local traders in the afternoon along with the strong US dollar depressed metal prices. Bullion ended at U*****.90/358.40 an ounce
      441 words
    • Article
      RAS and MRELB
      269 8 RAS prices m s cmMq, fob m NOON CLOSE Buyers Sellers ftuyers So Hers lot 1 RSS Prompt 176.00 177.00N 175.00 176.00N lot 1 RSS July 89 174.00 175.00N 173.00 174.00N Int 1 RSS Aug 176.00 177.00N 175.00 176.00N bit 2 RSS OP 174.00 176.00N 173.00 175.00N
      269 words
    • Article
      SSR and SMR
      76 8 (tuon/kg) JULY 1989 AUGUST 1989 (currant month) (forward month) RAS NOON NOON •uyan StNifi luy*n S*N*n SSB 20 145.00 147.00N 145.00 147.00N SS« 50 143.00 145.00N 143.00 145.00N MRELB luy*ra StIWn Buy«n S*ll«n SMR CV 237.00 239.00N 239.00 241.00N SMR I 239.00 241.00N 241.00 243.00N SMR 3
      76 words
    • Article
      Lock icon Crude Oil and Products
      145 8 Telerate FUEL OIL prices were unchanged-to-weaker in the Singapore market. Sell indications for late June CST-180 were around $98 mt fob Sing. Buy prices were nationally pegged at $94-5 mt fob Sing for late June/ early July bbls. The market remained in backwardation, the delta between
      Telerate  -  145 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      242 8 J r A Here's the story. Plain. Simple and Honest. There's no secret to producing tender and tasty Harris Ranch beef. All we do is feed hand-selected cattle on corn and natural grains. Then we process the beef ourselves and have it FLOWN FRESH to Jack's Place. It's Honest to
      242 words
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  • TECHNOLOGY
    • Article, Illustration
      Zenith Supers Port 286 — an optimal portable package
      1036 9 Zenith Supers Port 286 an optimal portable package mmm AS PERSONAL computers proliferate on desktops. < more and more executives 1 are finding it nearly impos- R sible to do without their B high-tech workmates. So vendors have seen good sales growth in spite of the very high penetra- tion
      1,036 words
    • Article
      Lock icon Toshiba makes breakthrough in laser technology
      269 9 UPI MAJOR JAPANESE elec- I tronic firm Toshiba Corp has announced its researchers have achieved the world's highest rate of 2,500 laser pulses per second, marking a major step forward towards practical applications of excited dimer laser equipment. The Tokyo-based company said the achievement
      UPI  -  269 words
    • Article
      Lock icon Kyocera to sell camera for left-handed people
      143 9 UPI KYOCERA, the world's largest ceramic package manufacturer, will market the world's first mass production camera for left-handed people next month. The Kyoto-based company said the half-size, full automatic single-lens camera, "Samurai Z-L," is compact in size, measuring 63mm wide, 108 mm high
      UPI  -  143 words
    • Article
      Lock icon Apple launches links to IBM, other makes
      191 9 Reuter APPLE COMPUTER Inc is introducing more than a dozen products designed to extend the connectivity of its Macintosh desktop computers to a wider group of midrange and mainframe computers, including those made by IBM The equipment, which was widely expected, will for
      Reuter  -  191 words
    • Article, Illustration
      Lock icon Top US executives fight shy of PCs
      582 9  -  By JEFFREY TSANG PERSONAL computers are a must for everyone in the company. from the chief executive to the peon Or is it? A survey of the chief executive officers of America s top 500 companies shows that PC penetration at this high
      Punch  -  582 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      388 9 Marry a millionaire's daughter Fight Mike Tyson. Or buy a Nissan. 7* 4 > w r vr i«i v- v *3 Ef^K Kr I Jlfe V I V 4 w 1 fei-i It's getting harder and harder to make a fast buck these days. If you don't mind her bear
      388 words
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  • FOCUS
    • Article
      Family life — society holds key
      585 10 Family life society holds key SO THIS IS Family Week. Lest some people dismiss it off-hand as another one of those campaigns, think again. The family is the basic building block of society. More importantly, it moulds an individual's outlook and shapes his role and place in the community. In
      585 words
    • Article, Illustration
      What will become of China's gateway?
      1446 10  -  As the enormity of the repression at Tiananmen Square sinks in, hard questions are being asked in Hongkong. The political imponderables apart, there is a divergence of views as to the economic and financial implications. FOO CHOY PENG, BT's Hongkong Correspondent, examines some of
      1,446 words
    • Article
      Lock icon Economy seen worsening
      588 10 IjdThe China question Reuter CHINA'S already chaotic economy will be further rocked by political instability following a nationwide crackdown on "counter-revolutionaries' Economists said trade and domestic deficits will widen and inflation will rise. The instability caused by the mass arrests would prevent implementation of needed economic reforms
      Reuter  -  588 words
    • Article, Illustration
      Recipe for an Interregnum: economics without politics
      2167 11  -  < jLfilhe China question What is the outlook for China in the short term? Foreign Editor ASAD LATIF suggests that it is neither real peace nor civil war but an interval in which the hardline leadership will firmly curb political liberalisation but try
      2,167 words
    • REGIONAL VIEWPOINTS
      • Article
        Condemn the massacre
        248 11 "In history, many a revolution has devoured its children. And now the Chinese revolution has done it. In Tiananmen Square and streets around in Beijing are lying bodies in numbers of young boys and girls whose only crime was that they asked for some basic human and
        248 words
      • Article
        Stalinism lives on in China
        121 11 "All men and women of goodwill have to stand up and be counted to tell the Chinese Stalinists that the world does not and will not approve of their barbaric use of power. This move by a morally aroused citizenry can only be strengthened by
        121 words
      • Article
        No major change is likely
        371 11 "It is too early to say what will be the outcome of the current battle between the army and the movement spearheaded by the students. But clearly the army has the upper hand. However, speculation is rife that there are divisions within the army as
        371 words
      • Article
        Power not identical to force
        129 11 "Many people have forgotten the adage that there can be no struggle without the sacrifices. And these sacrifices will never be in vain. For the fruit of struggle, if not enjoyed today, may be enjoyed the following or furthur in the future. But it is
        129 words
      • Article
        Reformation will live on
        128 11 "Will the reform movement in China just dissolve after the government showed its resolve to sweep away every 'counter revolutionary' with a bloody massacre? We have doubts that the movement will just stop. Why? The reform movement which is going on within the 'reformation which is
        128 words
      • Article, Illustration
        Suppression of basic rights
        298 11 Our weekly summary of what other publications have to »ay about issues of international Interest. CHINA "At a time when the staunchest communist nations have started implementing economic and political reform, China showed the world yesterday that it is not prepared to give its people even
        298 words
      • Article
        The way out of the mess
        185 11 "Reports emanating from China describe a country that is all but headed for an extremist confrontation and chaos, as neither demonstrators nor the government is willing to budge an inch. Since so many things are happening in such breathtaking succession, no one can safely
        185 words
      • Article
        Effects of one night of slaughter
        83 11 "The Beijing government, by its brutal suppression of the student demonstration, has proved once again that it operates by its own set of rules and standards, which are inexplicable to the watching world. The scale of the international revulsion against the Beijing regime for
        83 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      159 10 M onagers ust anage BT shows you how every Monday. HERTZ MAKES 3 EQUAL 2 h HEW 4- o X w\ sV 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
      159 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      33 10 Bristol P^anktickoe UCT'S S€e. NOLO. l-fWe t G»oT qjie& y thing sou'u>esTej?. OUJSK«4S. TODFW see-s THC opcnin G L£jGG»NGS P»ND UCLUNGTON OF TH£ CHESTER P£J3?V BOOTS T~oP 6PvßßeQue CVtMUM «TAKOA*D ca LTO, 7928
      33 words
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      Page 11 Advertisements Column 1
      49 11 fFASIY.RNCWHIS] Spedahtts m Ftm Hand-kxotud Carpet* > "i ®ictionSale Wednesday. June 14. 1989 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 8.30pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd k/< >ty T V/«* Showroom: #03 28 Raffles City Shopping Centre Tel: 338 8135/338 8468
      49 words
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      Page 11 Advertisements Column 2
      187 11 il'jl $495 LIMITED PERIOD OFFER! Now.foro limited period only. Thomson's46oWVGA monochrome and RVGAI card is yours for only $495' For a hands-on demonstration of the Thomson VGA package, visit Universal Computers Pte ltd, 109, North Bridge Road, #05 33, funan Centre, Singapore 0617 or call us at tel no *****36
      187 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Spain: Building towards 1992
      833 12 NYT AS 1992 draws closer, Spain's urban and rural landscapes have turned into a builders' paradise That is the year the European Community will become a region of unrestricted trade, and in Spain, which joined the Community in 1986, the economy has been working overtime to
      NYT  -  833 words
    • Article
      Lock icon European Community struggling to cope with agricultural fraud
      729 12 Reuter AT MINUS 18 DEGREES CENTIGRADE, slabs of liver or chicken scraps can be very hard to tell from prime beef. Unscrupulous exporters find thi* very useful when they claim European Community (EC) subsidies. The more they exaggerate the quality of their
      Reuter  -  729 words
    • Article, Illustration
      Lock icon Austerity gives way to modern affluence in the Promised Land
      697 13 Reuter GONE ARE THE DAYS of poverty and pioneering zeal, barefoot immigrants and tents. Affluence has changed the face of Israel, replacing ill-stocked shops with chic boutiques and cafes. Some call it progress, while others lament the loss of a
      Reuter  -  697 words
    • Article
      Lock icon Latest in electronic gadgets: teddy bear car alarms and show phones
      799 13 NYT RICHARD BRUTTI. president of Impulse USA, smiled and gestured proudly to a table covered with the products he will bring to market this summer. They appeared to be shoes: high-topped sneakers, deck shoes, beach thongs. Some had laces
      NYT  -  799 words
  • Page 12 Advertisements
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      2166 12 Asia Commercial BanK Ltd (Incorporated in the Republic of Singapore) AND ITS SUBSIDIARY COMPANIES BALANCE SHEETS AS AT 31 ST DECEMBER, 1988 The Group SHARE CAPITAL Authorised Shares of Ssl each Issued and fully paid: Shares of Ssl each Capital Share premium Statutory General Accumulated loss TOTAL SHARE CAPITAL AND
      2,166 words
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      1480 13 Asia Commercial Finance Uxl a ...u~il, nf Acio Pnmmnrriol RonL I tH (Incorporated in the Republic of Singapore) A wholly-owned subsidiary of Asia Commercial Bank Ltd BALANCE SHEET AS AT 31 ST DECEMBER, 1988 SHARE CAPITAL Authorised Shares of Ssl each Issued and fully paid: Shares of Ssl each OTHER
      1,480 words
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  • LEISURE
    • Article, Illustration
      Lock icon Ulysses debate continues at Joyce conference
      713 14 LITERATURE Reuter JAMES JOYCE once said that Ulysses, his complex 1922 masterpiece, "will keep the professors busy tor centuries arguing over what I meant So far the forecast looks good. Generations of scholars have been kept busy pondering the novel and other works by
      Reuter  -  713 words
    • Article, Illustration
      Lock icon Spotlight falls on Asian movies
      528 15 SYDNEY FILM FESTIVAL AFP ASIAN FILMS are dominating the Sydney Film Festival which opened at the weekend, reflecting the continued dynamism of the region s filmmaking. Festival director Paul Byrnes said the Sydney festival was maintaining its focus on Asian film with work from Japan,
      AFP  -  528 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      849 14 COURVOISIERVS.O.P -m iii to i "sii i I Vl> < x r< v r AO ri: Sky Garden Poolside Kridays to Sundays 6.30 10.30pm Adulls: $11.90 nett. Children: $8 nett Plaza Hotel SlKGiroat coi outf oteinvmeiG] tdS«Matfro7l9lM 29W011 24-hr CoffeeXHouseyZ (Level Where the service ts good, the ambience great, the
      849 words
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      Page 14 Advertisements Column 2
      166 14 Make a date with Dad Call 737 4411 for reservations now t//anda«« 111 tlGgf**' liiWtndf d i«M» i. 333 Orchard Road. Singapore 0923 Tel 737 4411 Cairn-Court Restaurant Pre*ents The super-value BEST OF IMPERIAL BANQUET iFcjr Onnor only ICIsK V'ftU Sl!« SEKSST' SfeUl' il islsl' AilS'V *#jc ,S6 K f
      166 words
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      Page 15 Advertisements Column 1
      209 15 The Businessman's Lunch Is In The Paek. The businessman's lunch at Hubert us Grill offers you the opportunity to dine in tbe relaxing ambience of a hunter s lodge atu) to enjoy a sumptuous spread of appetizers, soups, salads, fruit and desserts. Plus, there is a selection of delightful main
      209 words
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      Page 15 Advertisements Column 2
      31 15 Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. Ecnuir ■ST-. i i a v > VSOi' irfj //< yyt'sy-" X %II COGNAC COUByOISIER
      31 words
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      Page 15 Advertisements Column 3
      120 15 d§o to There is o little bit of Indonesia right here in Singapore Salero Indonesia Bogindo, Singapore's only authentic Indonesian Nasi Padang res for lunch and taurant. Even our chefs come from the Indonesian town of Padang be back before (If you haven't already guessed, that's where Nasi Padang origithe
      120 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      748 15 CRYPTIC PUZZLE ACROSS 1 He wrote two letters in sad disarray (5) 6 The film with bite? (5) 9 Sea god in outer space (7) 10 Food product tor a snake. I see (5) 11 Give speeches or blend tea (5) 12 A topping thing to wear (5) 13 Nuisance
      748 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1422 15 TV and RADIO Shaking the disease OUR CHOICE THE ANN JULIAN STORY, 10.35pm SBC 5 Qeautiful actress Ann Jillian, who was nominated for an Emmy, was at the peak of her career when she was struck by breast cancer. After a double mastectomy, she bravely stepped on stage again 11
      1,422 words
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  • SPORTS
    • Article, Illustration
      Lock icon Fignon clinches victory in Tour of Italy
      318 16 CYCLING AFP LAURENT FIGNON of France refused to be flattened by striking workers from a battery factory to win the three-week Tour of Italy cycle race in Florence on Sunday. The 28-year-old Parisian, twice a winner of the Tour de France, clinched his
      AFP  -  318 words
    • Article
      Lock icon Mercedes back in triumph
      250 16 MOTOR-RACING AP MERCEDES, which left Le Mans in tragedy 34 years ago. returned in triumph on Sunday as Joachen Mass. Manuel Reuter and Stanley Dickens cruised to victory in the 24-hour race, leading a 1-2 Mercedes finish. West Germany's Mass finished the race as the team
      AP  -  250 words
    • Article
      Lock icon Kenyan beats Cram in 3,000 m
      160 16 ATHLETICS AFP BRILLIANT front-running Kenyan Yobes Ondieki pro- duced the world's fastest 3,000 metres this year as he crushed Steve Cram in Portsmouth on Sunday. Ondieki ran from gun- < to-tape to storm home 40 I metres clear of Britain's < world mile record
      AFP  -  160 words
    • Article
      Lock icon Schwantz captures Yugoslav Grand Prix
      204 16 MOTOR-CYCLING AFP IN-FORM Texan Kevin Schwantz made the most of world champion Eddie Lawson's unscheduled trip onto the grass as he rode his Suzuki to a second 500 cc triumph in eight days at the Yugoslav Grand Prix on Sunday. Schwantz, who will be 25
      AFP  -  204 words
    • Article
      Lock icon Pistons overcome Lakers to lead 3-0 in NBA finals
      289 16 BASKETBALL AP THE Detroit Pistons, with guards Joe Dumars. Isiah Thomas and Vinnie Johnson again virtually unstoppable. took a 3-0 lead in the NBA finals on Sunday with a 114-110 victory over the injury-ravaged Los Angeles Lakers. Two-time defending champion Lakers
      AP  -  289 words
    • Article
      Good response to Borg Circuit
      365 16  -  TENNIS By CHARLES SAVAGE THE BORG CIRCUIT Intermediate Singles II from June 15 to 18 has been inundated with an overwhelming 83 men vying for 32 places and 50 women trying to get into the 16-player main draw. Tournament director Gilbert Ng, 40, said: "Considering
      365 words
    • Article
      Lock icon Grady takes Westchester
      141 16 AFP AUSTRALIAN Wayne Grady s three-foot birdie putt on the first extra hole of a playoff with Ronnie Black of the US helped him win the Westchester Classic. '"Now you're stuck with me. fellow," the 31-year-old Australian said after he'd beaten Ronnie Black and nailed down his
      AFP  -  141 words
    • Article, Illustration
      Lock icon A teenage revolution
      546 16 AFP TEENAGERS Michael Chang and Arantxa Sanchez ushered in a i new era with the biggest tennis upsets for years at the French Open last weekend. Chang, dismissed out-of-hand by former world number one John McEnroe a year ago, showed the difference when he re-wrote the record
      AFP  -  546 words
    • Article
      Minoza wins Sabah Masters
      399 16  -  GOLF By A SURENDREN FOR THE SECOND TIME in two weeks, the Philippines Frankie Minoza took a strong lead into the final round of a golf tournament and won handily. He capped his second such victory with a 10-under par 278 in the Bth Sabah Masters
      399 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      349 16 NOTICES THE COMPANIES ACT, CAP. 50 CREDITORS' VOLUNTARY WINDING UP NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF LIQUIDATORS Name of Company: Sino America Advertising Pte Ltd Company No: *****/1979-E We, Don M Ho and Wee Aik Guan of Deloitte Haskins Sells, Nric Nos: *****68-E and *****56-J hereby give notice
      349 words
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      Page 16 Advertisements Column 2
      406 16 THE COMPANIES ACT. CAP. 50 CREDITORS' VOLUNTARY WINDING UP NOTICE OF APPOINTMENT AND SITUATION OF OFFICE OF LIQUIDATORS Name of Company: Big Boy Land Pte Ltd (formerly known as SinoAmerica Land Pte Ltd) Company No: *****/ 1980-C We, Don M Ho and Wee Aik Guan of Deloitte Haskins Sella, Nrlc
      406 words
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  • COMPANIES & STOCKS MARKETS
    • Article
      UIC bid to buy land behind Paragon in jeopardy
      521 17  -  By LEE HAN SHIH, MAGDALENE NG A RECENT development has placed the $81 million plan of United Industrial Corporation (UIC) to buy the plot of land behind Paragon at Orchard Road in jeopardy. The in-principle approval granted a few months ago
      521 words
    • Article
      Polytek Wearnes turns in 62pc rise in after-tax profit
      415 17 SESDAQ-LISTED Polytek Wearnes Holdings Ltd has exceeded its own forecast and turned in a 62.7 per cent increase in group profit after tax and minorities to $3.97 million. Its latest profit for the year ended March 31, 1989, was 5.7 per
      415 words
    • Article
      Hotel Prop sheds more light on dispute with Hilton chain
      382 17 AFTER A LONG SILENCE, Hotel Properties Ltd (HPL) has decided to shed more light on its dispute with international hotel management chain Hilton International Co (HIC) over various monetary claims. This was revealed in the circular to shareholders yesterday on
      382 words
    • Article
      Urn family increases stake in Sea View Hotel
      311 17 THE LIM FAMILY, which holds the controlling stake in much-talked-about takeover-target Sea View Hotel, has increased its interests in the hotel company. Through Lim Kok Gin Nephews Pte Ltd. the Lims bought 400,000 shares for $1.46 million. The 1.81 per cent stake
      311 words
    • Article
      Keck Seng (M) to invest US$7m in Manila hotels
      109 17 KECK SENG (Malaysia) Bhd will be investing about US$7 million in two Philippine hotel projects. The company announced yesterday that its wholly-owned Hongkong subsidiary Brosna Ltd has taken a 10 per cent equity stake in the two hotels the Makati Shangri-La
      109 words
    • Article
      China unrest clouds sale of MCL stake in unit to Lam Soon
      587 17  -  By ANDREA BORCH THE UNREST IN CHINA and the drop in share prices in Hongkong could affect the decision shareholders of Metal Containers Ltd (MCL) will make in two weeks' time. On June 26, MCL shareholders will decide
      587 words
    • Article
      Lock icon MRC stands to gain from buoyant property market
      251 17 MBT MALAYSIAN Resources Corp (MRC) can benefit from an improvement in the property market, particularly in the Klang Valley where most of its land bank is located. Chairman Mohamed Endut says in his latest annual statement that recent increases in material costs
      MBT  -  251 words
    • Article
      Lock icon Paramount unlikely to benefit fully from expected property upturn
      277 17 MBT THE PROPERTY market in general is anticipated to improve in the current year, but this improvement will be most marked in larger urban areas. Paramount Corp chairman Tan Sri Mohamed Noah bin Omar says that in view of this, the
      MBT  -  277 words
    • Article
      Tibs shareholders urged to approve share option scheme
      493 17 TRANS-ISLAND Bus Services Ltd has recommended that its shareholders approve an executive share option scheme at an extraordinary general meeting on June 28. Under the programme, the number of new ordinary shares to be issued shall not be greater than 5 per
      493 words
    • Article
      Lock icon Court orders SHD to pay Sri Hartamas M$ll3m
      284 17 NST SRI HARTAMAS Corporation Bhd has obtained judgment lor the debts of M 5113.95 million plus interest owed to it by Sri Hartamas Development Sdn Bhd (SHD). Disclosing this in its latest annual report, acting chairman Chong Wai Hiong said that as
      NST  -  284 words
    • SES
      • Article, Illustration
        STI Index records sharpest sinale-day rise this year
        1073 18  -  by JOSEPHINE CHAN SHARE PRICES on the local stock market rose across the board to close firmer as the Straits Times Industrials Index made a steady recovery from last week's 64-point loss. The STII rebounded by 35.27 points, its sharpest single-day rise
        1,073 words
      • Article
        Unit trusts
        172 18 Managers' prices for June 13 Singapore Unit Trust Th« Commmrcm 109 1.15* Tho Savings Fund 098 104 S'por« Prog Fund 044 048 S por« S«c Fund 075 080 S pore Invest Fund 081 086 S'pore Equity Fund 053 057 Asia Unit Trust Mol lnv#*t Fund 154 164 Mol
        172 words
      • Article
        COMPANY MEETINGS
        55 18 BATA (MALAYSIA) BHD: 33rd AGM at Kelah Shah Alam, Selangor Darul Ehsan today at 11.00 am KULIM (MALAYSIA) BHD: 14th AGM at Ulu Tiram Estate. Ulu Tiram, Johor, tomorrow at noon. AMCOL HOLDINGS LTD: AGM at 110 Middle Road. #03-01. Chiat Hong Building. Singapore 0718, on Thursday June
        55 words
      • Article
        SES SHARE INFORMATION
        6070 18 Gr'a Gr'a 1989 Tel Last Vol Day Last Quota Dlv Dlv Y'ld Nat PIE M Cap High Low Cod* Company Sale -foc(000) High Low Buyer S« liar C'w Smll J UN 12 SESDAQ 595 244 604 14.3 200 192 90 295 66 1 825 449 44 5
        6,070 words
    • KLSE
      • Article, Illustration
        Lock icon KL rises in active trade
        2062 19 NST SHARE PRICES extended last Friday s gains to close broadly higher on the Kuala Lumpur stock market yesterday in more active trading. Widespread bargain hunting by institutional and small investors was well sustained, encouraged by sharp gains in Hongkong which opened sharply higher after
        NST  -  2,062 words
    • REGIONAL MARKETS
      • Article
        Lock icon Japan a threat to US futures industry, says CME chief
        575 20 TOKYO LAUNCHING FUTURES EXCHANGE AT THE END OF MONTH Reuter JAPAN poses the gravest threat to Chicago's long-standing dominance of the US futures industry. Mr Leo Melamed, chairman of the executive committee of the Chicago Mercantile Exchange (CME), has said.
        Reuter  -  575 words
      • Article
        Lock icon Japanese brokerages in the US moving into the black
        383 20 Reuter JAPAN'S BIG BROKERAGES are trimming losses or moving into the black in the US, but have had to scale back operations there to do so, company officials said. "It's not that revenues have increased, it's more that we have reduced
        Reuter  -  383 words
      • Article
        Lock icon More jets for ANA
        77 20 Reuter ALL NIPPON Airways Co Ltd (ANA) is planning 140 billion yen in capital spending in the current year ending March 31. 1990. against 118.3 billion in 1988/89. a company spokesman said. It will spend 95 billion yen to buy eight Boeing Co BA 787-300 aircraft
        Reuter  -  77 words
      • Article
        Lock icon Kajima sets up travel unit
        90 20 Reuter KAJIMA CORP has set up a wholly owned travel service subsidiary in Tokyo, the major Japanese construction company said in a statement. Kajima Tourist Co Ltd is capitalised at 95 million yen and aims at 550 million yen in sales in its first year,
        Reuter  -  90 words
      • Article
        Lock icon Sumitomo Metal to set up research centre
        95 20 Reuter JAPANESE steelmaker Sumitomo Metal Industries Ltd plans to set up a medical research institute in Kyoto in western Japan, the company said in a statement. Sumitomo will begin construction of its Institute for High Quality Life in September 1990 It will open
        Reuter  -  95 words
      • Article
        Lock icon Mitsui Trust and other life insurers plan stakes in CSFB
        180 20 Reuter MITSUI TRUST and Banking Co and a number of Japanese life insurers are considering taking stakes in investment bank CS FirstBoston Inc (CSFB). spokesmen for the Japanese firms said. CSFB is a unit of Credit Suisse and First Boston
        Reuter  -  180 words
      • Article
        Lock icon Sharp now owns all of Hycom
        114 20 Reuter SHARP CORP and Sharp Microelectronics Technology Inc (SMT). its wholly owned US unit, boosted their combined stake in Hycom Inc of the US to 100 per cent from 50 per cent, a parent company spokeswoman said. Hycom, a communications equipment development firm, was
        Reuter  -  114 words
      • Article, Illustration
        Prices end sharply higher
        1333 20 Hongkong PRICES of blue chips in Hongkong bounced back sharply yesterday as fears of a Chinese civil war abated The reemergence of top leader Deng Xiaoping showed he was still in control, brokers said. The Hang Seng Index surged 171.83 points, or 7.58 per cent, to
        1,333 words
      • Article
        Lock icon Taipei: Strong buying
        457 20 Reuter SHARE PRICES in Taiwan yesterday extended the morning's gains to close higher following strong buying by investors, brokers said. The weighted index rose 273.86 points or 2.98 per cent to end at 9,467.84 compared with Saturday's 9,193.98 close Turnover rose to NTJ102.03 billion from NT571.14 billion.
        Reuter  -  457 words
      • Article
        Lock icon New Zealand: Dull trading
        106 20 Reuter THE NEW ZEALAND share market closed lower in dull trading yesterday. Brokers said the market was awaiting leads from overseas markets for direction. The Barclays Index fell 13.91 to 1.885 26. The brokers said the Australian market's closure for the Queen's Birthday public holiday yesterday
        Reuter  -  106 words
      • Article
        Lock icon Bombay: Heavy trading
        189 20 Reuter BOMBAY share prices finished mixed in heavy trading yesterday, shortened by one hour to allow brokers to complete pending settlement work. The market opened subdued on scattered long liquidation but rallied on institutional buying only to give way to late profit-tak-ing at the close. "The market's
        Reuter  -  189 words
      • Article
        Lock icon Bangkok: Index up
        167 20 Reuter THE Stock Exchange of Thailand Index yesterday rose 1.45 points to 571.72 points on a turnover of 8,867,782 shares valued at 973.91 million baht. JUNE 12 BAHT *4Ao Kham Thai Ayudhya Investment Bangkok Agro-tnd Bangkok Bank Bank Of Ayudhya Charoong That Wlra CaWe Oatamat Dhana Siam
        Reuter  -  167 words
      • Article
        Lock icon JAL budget
        35 20 Reuter JAPAN Air Lines Co Ltd (JAL) plans capital spending of 252.6 billion yen in the year ending March 31. 1990. up from 139.3 billion yen the previous year, a company spokesman said.
        Reuter  -  35 words
      • Article, Illustration
        Lock icon Volume at year's low
        544 20 Tokyo Reuter THE TOKYO market yesterday could not bounce back from the unexpected blow of a three-yen surge in the dollar over the weekend. Some index-linked buying in the afternoon brought share prices up a bit after an early morning plunge, but they closed broadly down
        Reuter  -  544 words
    • INTERNATIONAL COMPANY NEWS
      • Article
        Lock icon Time and Warner map out defence against Paramount
        614 21 NYT TIME INC and Warner Communica- < tions Inc are expected to call sepa- rate board meetings today or s tomorrow to approve a counterattack < against the US$lO.7 billion hostile takeover otter from Paramount Communications Inc for Time, sources said on
        NYT  -  614 words
      • Article
        Lock icon Concern over leaving key SEC job open
        214 21 Reuter SECURITIES and Exchange Commission chairman David Ruder said he has no idea who the White House will name as his successor but he said if action is not taken soon he may have to choose a replacement for outgoing chief of enforcement
        Reuter  -  214 words
      • Article
        Lock icon CRS Sirrine among possible winners on Wall Street from efforts to cut acid rain
        759 21 NYT WHEN Wall Street's mind is on multibillion-dollar takeover battles, investors often ignore a hot stock like CRS Sirrine, which could be one of the big winners from efforts to reduce acid rain. CRS Sirrine, which
        NYT  -  759 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        632 21 Reuter ZURICH: Swiss shares closed mixed to lower yesterday as higher interest rates and the strong dollar weighed on the market, dealers said Turnover was low The all-share Swiss Performance Index closed at 1,065.9 points compared with 1,066.1 on Friday. The Swiss Market Index of leading shares
        Reuter  -  632 words
      • Article
        Lock icon Krupp, Salzgitter in steel cooperation talks
        347 21 Reuter STEEL and engineering groups Fried Krupp and Salzgitter are discussing cooperating in steel production, spokesmen for the groups said They were commenting on an article in the magazine Der Spiegel which said Fried Krupp wants to merge with state owned Salzgitter to create
        Reuter  -  347 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      156 17 Large reputable UK electronics company is seeking offshore capability for the assembly of flexible printed circuit boards and wire bonding of semiconductor die. Please reply to BT. Box *****, 422, Thomson Rood, S pore 1129, providing the fullest possible details of capacity, capability, turnover, number of employees, examples of similar
      156 words
    • Advertisement
      Page 17 Advertisements Column 2
      266 17 4 Lit I I I 'A SINGAPORE'S PREMIER WATCH ROUTIQITE ike Your Savings Grow Through Union Investment Fund and Union Singapore Fund Invest in professionally managed, diversified portfolios L that spread your risks. And free you from the hassle of I payment, scrip delivery, registration and monitoring of your investment.
      266 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      661 20 KrACIFIC INNO-PACIFIC HOLDINGS LTD (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the 15th Annual General Meeting of InnoPacific Holdings Ltd will be held at 17 Kallang Junction 4th Floor Hart House Singapore 1233 on Wednesday, 28 June 1989 at 9.15 a.m.
      661 words
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      Page 20 Advertisements Column 2
      90 20 The Manila and Australian markets were closed yesterday DOCTOR STRANGE You listen as a panic-stricken announcer speaks of monsters' appearing at three different locations in New York City. So it has begun THE EARTH IS ABOUT TO FACE TOTAL ANNIHILATION. YOU MUST ACT QUICKLY TO SAVE IT. Don the role
      90 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      2111 21 #oli)en Cattle CORPORATION LIMITED (Incorporated in Sctgopor*) AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 31 DECEMBER 1988 Company LIABILITIES AND SHAREHOLDERS EQUITY Share capital and reserves Share capital Statutory reserve Capital reserves Revenue reserve Deterred income ta* Current liabilities Fixed, savings and other deposits Other payables and accruals Short
      2,111 words
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  • Article
    Singapore Telecom revises rates, opens up market
    642 22  -  NET SAVINGS OF $11 MILLION A YEAR FOR CONSUMERS By JOHN TAN SINGAPORE TELECOM, in a major review of its rates and services, has released a package that will save its customers a net $11 million annually while opening up a telecommunications equipment
    642 words
  • Article
    Lock icon Gorbachev arrives in Bonn for state visit
    154 22 AP SOVIET President Mikhail S Gorbachev arrived in Bonn yesterday for his first state visit to West Germany, hoping to strengthen East-West relations with this nation whose division symbolises the conflict. Talks with West German officials during his four-day visit will give him
    AP  -  154 words
  • Article
    American Express ad withdrawn
    295 22  -  By DEXTER LEE MAJOR CHARGE CARD issuer American Express has stopped the television advertisement which its chief rival Visa International said carried a false claim. However. Barry Arnold, vice-president and general manager of American Express International, attributed the withdrawal to the turmoil in China. especially in
    295 words
  • Article
    Lock icon Labour unrest hurting South Korean economy: Roh
    161 22 AP SOUTH KOREAN President Roh Tae-woo warned yesterday that strikes, high wage increases and other labour problems are undermining the economy, and appealed to employers and workers to show restraint and work together Mr Roh, in his weekly radio address to the nation,
    AP  -  161 words
  • Article
    Lock icon Sales success in UK puts Proton Cars in a dilemma
    382 22 Bernama PROTON CARS (UK) LTD is facing a dilemma due to the sweet success of Proton Saga in the British market. Although the Malaysian car was launched in the UK market less than three months ago, the firm which imports
    Bernama  -  382 words
  • Article
    Lock icon US, Vietnam to hold highestlevel talks in a decade
    461 22 Agencies THE US and Vietnam will discuss j Cambodian peace prospects in Geneva this week in the highest-level talks between the two countries in i a decade, diplomats in Geneva said yesterday. They said the meeting would be between US Deputy
    Agencies  -  461 words
  • Article
    Lock icon China's crackdown will affect ties with Japan: Uno
    448 22 flSiThe China question Agencies JAPANESE Prime Minister Sousuke Uno said yesterday he believed China's military crackdown on pro-democracy demonstrators would affect future ties between the two neighbours. "I can't say there will be no effect on our bilateral relations, or that they
    Agencies  -  448 words
  • Article
    Lock icon EC voices concern but fails to mention sanctions
    441 22 Agencies FOREIGN MINISTERS of the European Community meeting in Luxembourg yesterday renewed the EC's criticism of the repression in China but made no suggestion of imposing trade sanctions against Beijing, diplomatic sources said. The ministers, in their first meeting since the June
    Agencies  -  441 words
  • Article
    Lock icon Indonesia to strive for zero population growth
    165 22 AFP INDONESIA should aim to bring down its population growth rate to zero in order to boost the prosperity of its people, expected to number 250 million by the year 2050, President Suharto said yesterday. Raising the living standard of Indonesia's current 178
    AFP  -  165 words
  • Article
    Lock icon Japan to ease liquor licensing rules
    86 22 Reuter JAPAN will relax its licensing regulations governing liquor sales by supermarkets and convenience stores from September, partly to meet requests by the US and Europe. "The revisions are in line with the internationalisation of the Japanese economy and requests from the US and
    Reuter  -  86 words
  • LATE FILE
    • Article
      Lock icon Thai reserves at record high
      42 22 Reuter THAILAND'S reserves of gold, special drawing rights and convertible currencies rose to a record US$B.5O billion at end-April from US$B.33 billion in March and U555.76 billion a year ago, the Bank of Thailand said yesterday. Reuter
      Reuter  -  42 words
    • Article
      Lock icon M'sian economic recovery praised
      55 22 Bernama MALAYSIA'S economic recovery over the last two years has won praise from a senior Japanese motor trade official who described the rebound as "miraculous". Mr K Asano, senior managing director of Mazda Motor Corp said in KL yesterday, "I feel very optimistic about the future
      Bernama  -  55 words
    • Article
      Lock icon Laos to increase national budget
      46 22 UPI THE government of Laos has decided to increase the national budget by over 100 per cent, sell off state enterprises and add a variety of new taxes in a major change of economic policy, the official Lao radio said. UP!
      UPI  -  46 words
    • Article
      Lock icon Rafsanjani re-elected Speaker
      33 22 AP IRANIAN Parliament Speaker Hashemi Rafsanjani, whose political position has strengthened after Ayatollah Ruhollah Khomeini's death, was re-elected yesterday to another one-year term, the official Islamic Republic News Agency reported.
      AP  -  33 words
    • Article
      Lock icon Taipei to expand East Bloc trade
      43 22 AFP TAIWAN is all geared up to expand trade ties with socialist countries in anticipation of a more relaxed policy being adopted by the government, which used to be prudent and conservative in handling relations with communists.
      AFP  -  43 words
    • Article
      Lock icon 'No' to US troop reduction: Seoul
      61 22 Reuter SOUTH KOREA yesterday rejected as dangerous US Senator Carl Levin's call for a phased reduction of American troops stationed in Seoul. Defence Minister Lee Sang-hoon told Parliament any change in the level of the 43,000-strong US forces in the near future could tempt
      Reuter  -  61 words
  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      193 22 The art of fine living. Beautifully furnished (lining rooms, separate fully equipped kitehens. elegant one or two bedroom suites right in the heart of < >r< hard Road. At The Aseott. we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate
      193 words
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      Page 22 Advertisements Column 2
      101 22 The Come* report wee not aveilebie at press time For the life of your back. I D D 0 Comfortable elegance. Innovative design Crafted to last. Dauphin office chairs. Chairs specifically designed for different functional purposes like waiting. supervising, typing at a computer terminal or conference seating. Backrests give you
      101 words
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon UK strike unlikely to affect grain
        109 23 Reuter UNOFFICIAL strike action by UK dockers is unlikely to have a major impact on grain markets, which are largely quiet at the end of this season, dealers said. Over a quarter of the UK's registered dockers went on strike last week, bringing the
        Reuter  -  109 words
      • Article
        Lock icon Rise in tanker chartering
        135 23 Reuter WORLDWIDE tanker chartering in May for spot crude oil rose to 50.15 million long tons at an average new worldscale rate of 86.80 (462 fixtures), London shipbroker Howard Houlder said. This compared with 47.33 million tons at NW 73.19 (409) in April and 43.3 million
        Reuter  -  135 words
      • Article
        Lock icon Blue Circle in cement deal with ABP
        85 23 Reuter BLUE Circle Industries pic has reached agreement with Associated British Ports on the establishment of a major deep water bulk cement import facility at the port of Southampton. Regular cement shipments will be discharged at Southampton beginning this month, following the completion
        Reuter  -  85 words
      • Article
        Lock icon Seven days given to salvage ship
        138 23 Richard Ng BARGE operator Sinpatana Co, has been given seven days to salvage, remove or destroy its cement-laden vessel that has sunk in the Chao Phraya River, and threatening to paralyse river shipping. The vessel, Sinpatana 310, sank in front the private wharf No
        Richard Ng  -  138 words
    • Article
      Lock icon More communist countries' ships call at S Korea
      115 23 AP SHIPPING between South Korea and communist nations is on the upswing despite a lack of diplomatic relations, government officials said. South Korean maritime officials said 117 vessels from communist and socialist countries have docked at South Korean ports up from 39
      AP  -  115 words
    • Article
      Index to advertisers
      800 23 ABC Containerlme XI 5 Accord Shpg VIII 3/4 Arrow lines XI 5 ANl III 1/2 A PC line VII s API V 35 ASCI V 1 Austrasio line VII 1 Bolt Canada tine IX */s Bolt Orient line IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg
      800 words
    • Article
      Fasa to hold 12th committee meeting in Manila
      295 23  -  By JEAN FOONG THE Federation of Asean Shipowners' Associations (Fasa) will hold its 12th Executive Committee meeting in Manila this month. Hosted by Mr Hartoto Hardikusumo, chairman of the Indonesian National Shipowners Association (INSA) and Fasa, the three-day meeting will start from
      295 words
    • Article, Illustration
      Bremen port promoting itself as Europe's gateway for FE exporters
      462 23  -  By RAHITA ELIAS THE West German city-port of Bremen is aggressively promoting itself among Far East exporters as the gateway to Europe. It is offering facilities at two censes the Asia Pacific Trading. Exhibition and Distribution Centre (APTC) and the
      462 words
    • Article
      US builders file complaint against unfair trade competition
      336 23 THE UNITED States Congress has lent its support to a shipbuilding industry complaint against Japan, South Korea, West Germany and Norway, charging them with unfairly subsidising their national shipbuilding industries. Members of both parties in the House of Representatives and Senate have
      336 words
    • Article
      SCCCI hopes to establish links with European traders
      241 23 MEMBERS of the Singapore Chinese Chamber of Commerce and Industry hope to establish reciprocal trade links with European traders during their visit to trade and distribution facilities in Rotterdam and Bremen. Singapore exporters must "establish a foothold within the European Community" to
      241 words
    • Article
      Shippers anticipate disruption in shipping
      675 24  -  UrheChina question Singapore-China services not affected so far With the problems in China, Asian and Pacific shippers are worried about their shipping operations. MASARU SATO reporting from Tokyo for Reuter looks at how the Asian nations are coping with the situation. MASARU SATO MOUNTING problems
      675 words
    • Article, Illustration
      First phase of Bremen's new trade centre completed
      531 24 In February this year, Bremen established Teleport data link with Singapore. Bremen ports are now planning a similar link with the United States. The link with Singapore is available to port users such as transport companies, shipping lines and agents, trading and
      531 words
    • Article
      Shipping events
      277 24 June 2-16 Handling and Storage of Dangerous Goods To be held at the Training Dept. Tanjong Pagar Complex conducted by the Port of Singapore Authority. Tel no *****07 June 13 to 16 The Nor-Shipping '89 Conference to be held at the Sjolyst Exhibition and Conference Centre in Oslo,
      277 words
    • Article
      Sea Containers rejects Temple's tender offer
      318 24 THE board of directors of Sea Containers have unanimously rejected the ••unsolicited" tender offer by Temple Holdings, a company jointly owned by Stena and Tiphook. A company statement said the bid was "inadequate and not in the short or long-term interests of Sea Containers
      318 words
    • Article
      China building container factory in Tianjin due to sharp demand
      224 24 THE RISING popularity of Chinese-built containers, resulting from a widening price differential with other Far Eastern producers, has led to the introduction of additional capacity, says a report in Cargoware International. Prices for 20ft steel dry freight boxes built in
      224 words
    • Article
      Lock icon Tanker rates
      226 24 AFP WORLDSCALE tanker rates were steady at recently higher levels, with no apparent reaction to Opec s decision to raise its global production ceiling to 19.5 million barrels per day. shipping brokers said. Some increase in rates is possible it Chinese production and distribution becomes disrupted as a
      AFP  -  226 words
    • Article
      Who acts for whom ...
      2329 24 Who acts for whom A B (C AB Shipping Boustead Shpg Agencies (S) ABBS Lin* S M S Re Ltd (S)/Tunas Setts (PK/KL) 7* ABC Containerllne NV Faro® ShPfl Co (S) Accord Shpg Accord Shpg (S)/Accord Container Line (PK/PN) Ahrenkiel Liner Kim Shpg (S). Alfred C Toepter Oceanue Shipping Agency
      2,329 words
    • Article
      Anzesc postpones new round of rate rise
      329 25  -  By Al O Labita Jr THE Australian-New Zealand Eastern Shipping Conference (Anzesc) has deferred its plan for a new round of general freight rate increases from June 1 to July 1 this year. This follows strong protests from the Philippine Shippers' Council (Shippercon)
      329 words
    • Article
      London Freights
      797 25 FREIGHT market rates on Friday continued to drift lower in quiet conditions with few fixtures or enquiries reported. Business included 80,000 long tons of iron ore from Monrovia to Rotterdam at U556.45 for endJune loading The rate for the route in the Baltic Freight Index (BFI) was marked
      797 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5702 32 AARHUS 22 Sha He. China Ocean Shpg. June Chi 13. Jun Ever Goods. Everflreen, June 14. Eve Alaska Maru. Triot. June 14<PK). 28 Anna Maersk. Maersk Line. June Cm 15 North Sea. Norasia Line, June 16 Am Ever Glamour. Evergreen. June 30(1
      5,702 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      26 23 "The Illustrated Encyclopedia of Wildlife" fW! K!1~ STP Distributors p«r advertising and circulation enquiries, please call Business Time Tel: *****11 Fax: 253-2821 Tlx: RS ***** BTAD
      26 words
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      Page 23 Advertisements Column 2
      17 23 lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association
      17 words
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      Page 23 Advertisements Column 3
      342 23 mm A lively way with words Avaflabto good bookthop« INSIDE Shipping disruption MOUNTING problems with shipping operations in and out of China are creating worries for Asian and Pacific shippers, but shipping and trade officials say it is too early to change their overall business patterns. PAGE II China building
      342 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      67 24 NOTICE M.V. "DONA ALGO" Voy. 1 ARRIVED SINGAPORE 5.6.89 Cons.gnees of a" damaged cargoes ex the captioned vessel hereby notified that a General Survey will t>e held on the 14th June 1989 < w d e day Keppel Wharves Kl9 from 0900 hours '200 hours No further survey be entertained
      67 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1172 25 1 f«.' CjiwJify WW/ [ggj JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt, Singapore 0208 Tel *****11 TELEX NO RS 241/9 TERMINAL CES Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL *****18 Tele. No MA3947? MA***** PENANG TEL *****4 TELEX NO
      1,172 words
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      Page 25 Advertisements Column 2
      793 25 MAERSK LINE DESTINATIONS "Port "Penang Kaiang This week Lars M Closing Tim* CY 11/6 0400 MRS CFS 12/6 1800 MRS To California US Gulf US Atlantic East Canada All Water Se Sailed Sailed 15/6 16/6 22/6 23/6 296 30/6 6/7 7/7 14/7 21/7 28/7 12/7 13/7 14/7 15/7 16/7 »6/7
      793 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      673 26 Page IV Hapag-Lloyd P KELANG SOUTHAMPTON HAMBURG |BREMERHAVEN ALASKA MARU MONTE ROSA KAMAKURA LARGS BAY CITY OF EDINBURGH LONOON EXPRESS KASUGA 1 BONN EXPRESS AMSTERDAM. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT VOY NO I HAMBURG BREMERHAVEN ANTWERP LE HAVRE AMPTON |p KELANG j S PORE I HONGKONG HSIUNG LONDON
      673 words
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      Page 26 Advertisements Column 2
      483 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC IVYBANK V ?4N TAUSALA SAMOA V-ISN CLYDEBANK V26N RDM/A DAM HBG HULL (U.K.) 16/7 20/7 2/7 lilt 1 6/8 m 12/9 l«fl 2119 "Also Acctptinf FCI to Ant—Bmwn/foil uto— toWmjCothwifcun (ASIA SOUTH PACIFIC JOINT
      483 words
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      Page 26 Advertisements Column 3
      1197 26 r t o YW cuj) rw/ A ±J}j>u fA r_sc L U 3 REGULAR INDEPENDENT FULL CONTAINER SERVICE ALG/BCL ALX* P SAID'TRS* KOPER'VCE* 10/7 11/7 19/7 20/7 23/7 24/7 29/7 30/7 AQABA* 13/7 22/7 2S/7 1/8 NORTH SEA 912-W 14/6 15/6 16/6 11/7 14/7 15/7 16/7 17/7 18/7 NORASIA SINGA
      1,197 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1457 27 I CONTAINER SERVICE TO UK/CONTINENT Also Accepting Cargo For: NM*urj to Cop*nU«wv A»rtw». Go«l»«nfci»». Itolmo. Stockholm. Sondnrturf Rotttra*m to Antwofp. A/mt.rd»«v (Hie. Bolt. Zurich BrwuonMoo" to B'tmon South! motor to ill UK do»tiration*, BeltMt and OuM'" CONTAINERSHIP SERVICE FROM UK/CONTINENT: LONDON EXPttSS HAMBURG EXPttSS* BONN EXPRESS LA SEINE" BENALDER BENAVON*
      1,457 words
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      Page 27 Advertisements Column 2
      1072 27 m 11A |Kir WEEKLY EXPRESS INDEPENDENT II P.Hfl YANG LINE FAR EAST/EUROPE FULLY CONTAINERISED SERVICE 1 WESTBOUND SP LM RDM HAM I CHOYANC CHANCE 042W 11* V J" 'j! HANJIN HASAN OWW W W Jfn mi HANJIN LEHAVRE 002*1 W MP W? 217 QUEEN SWAY BRIDGE OWW W */7 27/7
      1,072 words
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      Page 27 Advertisements Column 3
      112 27 PT. PELAYARAN MUTIARA SAMUDRA AGUNG KUALA SIAK II 14/6 BATAM[DU*AI ABADI JAYA 16/6 P. BARU/PERAWANG PALMA SEJATI 19/6 BATAM/P BARU 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan. We specialise in project heavylift cargo. Owners operators of
      112 words
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      Page 27 Advertisements Column 4
      350 27 at Hup Co yrte) Lt TEL 2204** (20 Lln.t) TLX R*****1 A R*****; IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS ML VS5* IML VK* IML VST* •Alto calls E L ft P.E. GENERAL AGENTS: HAI SUN HUP CO (PTE) LTD. SINGAPORE TEL *****06 PORT KELANG TEL 3SKO6 SUB AGENTS
      350 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      737 28 tn SINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRAN BAYAN PJL/00 T**oWA\ jjjj^ in AMI AN SERVICE KYOWA LINE Lr Ji 'IT«T7W MYTT;I J«* rn: U; 11IR SERVICE FROM S'PORE/PK TO 6UAM/SAWAN AND MICRONESIA PORTS •A VSL (TBN) •MICRONESIA PORTS DIRECT CALLS ON INDUCEMENT BAS.S AND/OR
      737 words
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      Page 28 Advertisements Column 2
      1126 28 HANJIN SHIPPING CO., LTD i v;: >N rAtNERISED SEfU I I TO EUROPE VIA SUEZ S'por* l»Ha»r* R dan. H'bur, B'tv.'*" QUEEN'S WAY BRIDGE 009* 8/7 M W W 7 CHOf ANC CHANCE 042W HANJIN HASAN 049* HANJIN IE HAVRE OUW 5/7 617 W W W 12/7 13/7 I*ll W
      1,126 words
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      Page 28 Advertisements Column 3
      1236 28 EVERGREEN Full Contdiner Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) p.. scp HKC use KLC PUS HUT OS* TYO BAL LHW ANW RDM EU HBC SGP 1306 14/06 2106 1906 2306 2106 310(01 ***** 2107 0000 09« 1001 UOJ JJj® Ml 2006 2006 2606 30/04 WW 0507 07(07 10(07 04<00 1400 ®g
      1,236 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      944 29 SHIPPING TIMES, Tuesday, June 13, 1989 PACIFIC INTERNATIONAL LINES P»L Building. 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST VESSfcL HAI GUANO MAJAPAHIT SOW A VOY SIN jkt 11 SB Sid 10/6 MSB 17* 1 4358 30/6 3/7 SIN MKQ KAO KEE YOK NGO Vo/6 20/6
      944 words
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      Page 29 Advertisements Column 2
      596 29 f \f% BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO Kaaiakura ljrf> Bay City ot Edinburgh London (tpreu tiufi 1 Bona Eipint Cardigan Bay Benjtdfr Kufama Maru Bonaoon Tofc o Ciprou TBN EXPRESS CONTAINER SERVICE FR MAM B HAWN DAM HAVM STOM London Cipreu Saiiod Si ,iod Sailed Sa.led Sa.led Haodwri
      596 words
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      Page 29 Advertisements Column 3
      425 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD f.T. 6ESVRI LLOYD r t. vmnm \wwmm p.t. tdikora lloyd f EXPRESS KM CMTWHEMIItP SEWICU llHfiAf ME Tf EBRIf VSL/VOY S PANJANG/22 MB KUTAIfITWB L.J BONTANC 11*8 SPOKE ANTWERP ROAM ADAM 17 11* 13/7 (ACCEPTINC CONVENTIONAL AND CONTAINERISED CARGO) 27 a*
      425 words
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      Page 29 Advertisements Column 4
      438 29 SHIPPING AGENCIES LOIKAW VI4SW HTONEYWA V2MW SITTWAY V4OW PAGAN VI42W BASSE IN MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S pore P.Kelang Penang Ba^ko* 14/15 Jun 15J17 jun *12 Jun 17/19 Jun 17/11 Jun SEMI-CONTAINER SERVICE NORTHBOUND TO UKC IVYBANK V24N TAUSALA SAMOA VISN CLYDEBANK V26N SPORE
      438 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      1009 30 ge VIII Kline KAWASAKI KISEN KAISHA. LID. N. AMERICA-ATLANTIC COAST OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE VOY *INDO 14 12/6 •PKIPNG SGP OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE FEEDER VESSEL OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE Fe«d«f FEEDER VESSEL HONGKONG CONTAINER RHEIN BRIDGE NUMBER
      1,009 words
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      Page 30 Advertisements Column 2
      753 30 (3 3 3 /7?6 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Container* Singapore P Kelang Penang loading tor Mothef Vil By feeder By Feeder AALIDAS *43 3 July 27 tone 21 June frwn IMb Sydn Adel TULSIOAS *4? ?6 July 20 July 20 luty (r«n Melb SydnAdel KALIDAS V 44 i'
      753 words
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      Page 30 Advertisements Column 3
      512 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. T«lot A|f«f Street SINGAPORE 0104 TIL U43W (10 LINES) Fj. U43U4 P KeUng Pew* STRAITS/PERSIAN GULF SERVICE: Spore P P*™* GOLDEN HARVEST Co»omt>o K«r»chi.t>ub». GOLDEN WONDER Colombo Kjfadit'Oub* H/W Jun* CHINA SERVICE SUSHAN Man n CHINA OCEAN SHIPPING CO., PEKING Wi THE
      512 words
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      Page 30 Advertisements Column 4
      619 30 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD «07-12 AFRO ASIA BUILDING SINGAPORE 0106 TELEX RS 28~20 PHILI FAX *****76 EAST/FM EAST Fa A LCI ETA SINGAPORE m mm r* NEW GENIORD AFRICA/MED. Fa LCI SBIVKS All MOMBASA DARESSALAM ASSAB BEIRA TAMATAVt P. SUDAN REUNION. TANGA. P SUE 2
      619 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1160 31 Agtnts S pore NEPTUNE AGENCfS PTE LTD p Bookinn AUST TPA/StA *****42 i *****16 j *****48 (CR NO. *****74OOOOE) 2: NOL NEPTUNE ORIENT LINES LTD Iff PI Ml SON BHD r Pen»nf 1 Balwu *****? 23W0 *****0 23®* I *****1 *****2 EXPORT EUROPE UK (VIA SUEZ) FDR VSL/VOY Perk.ua 798
      1,160 words
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      Page 31 Advertisements Column 2
      578 31 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD iINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41 1 :able Address SINSOV SINGAPORE Tele* Numbers RS 213MJRS ***** RS ***** iUMIf*.... .cuiepiMr U7 Street Penan*. Maiawa M/S HANDLING SYSTEM CO SON BHD ssgssßawsKßrtsa HSrSE*-* MOW jala Lumpuf T(4
      578 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      414 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTO. Til 22S 6868 (34 lines! FAX *****39 *****/6 TlllX RS ***** A B SSCMA RS ***** A B SSCAD dsr-limes VEB DEUTFRACHT SEEREEDEREIROSTOCKJ INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND I SIN I 'LCA I ANT I ROM
      414 words
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      Page 32 Advertisements Column 2
      87 32 w T.S.K. LINE WEEKLY CONTAINERISIO SERVICE WITH fIXEO OA* ARRIVAL GSIE3IC23ID3I Q3i G231G8 C2B CSH HERMES ACE V 22 HAKUSAN II V 7 CONTINENT V 73 KABUKI V 73 HERMES ACE V 23 HAKUSAN II VI EXPORTS TO SURABAYA I E3I 9U U KSfl 91QI E9l SB TSKLINE AGENCIES IS)
      87 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      162 32 rm Regional Weather >1 m Va «>/ J Oft 8 B IP® 1 Si 4.^ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A M -June 13. 1989 c p Thunderstorm Weother Wind *«lion with speed «knot* Shower R«fcn Wave height Cloudy Sky Sarloct wifxh ore wdicoted by orrows wfc«fi fly
      162 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      364 33 jmrriiiu iiiTi£<j, i ucju»j» UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 11 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE IBN ALROOMI ETA S PORE LOADING FOR 15/6 Iraq/Japan I THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER
      364 words
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      Page 33 Advertisements Column 2
      333 33 s RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Lines) (National I m of Ethiopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKQ ETA SPORE 1V« DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOEIDAM DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOCIOAM Other ports along the route workable
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      Page 33 Advertisements Column 3
      1018 33 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 16/6 BUSAN 15/6 BOMBAY 15/6 COLOMBO 18/6 HONGKONG 16/6 ADELAIDE 27/6 BRISBANE 27/6 MUARA/LABUAN/KK 16/6 KUCHING/SIBU 14/6 TOKYO/YOKO/KOBE 15/6 LE HAVRE/HAMBURG 17/6 FELIXSTOWE/R'DAM 17/6 KEELUNG/KAOSHIUNG 18/6 FREMANTLE 20/6 SYDNEY/MELBOURNE 21/6 LONG BEACH/LOS ANGELES 19/6 ALSO ACCEPTING CARGO
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      Page 33 Advertisements Column 4
      254 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE A GONCHAROV 10SI89 18/6 SUSAK 68N 18/6 25/6 EQUATOR PRIDE 02W 21/6 27/6 LEUVE 9106 22/6 26/6 TIGER BAY 71N 29/6 6/7 SUSAK 70N 2/7 14/7 27/6 28/6 2/7 14/7 9/7 VIETNAM RO/RO LO/LO SERVICE VESSEL W NO SHI HCM Hf»t
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      Page 33 Advertisements Column 5
      82 33 h J&FARGO SHIPPING SX> TeI:SS4 01SS I REGULAR EXPRESS FCL LCL SERVICE m ABC CONTAINERLINE N.V. TO AUSTRALIA/NEW ZEALAND 1* DAYS TO SYDNEY! TO USA/CANADA Also accepting cargo to:USA Houston. Savannah, Tampa, Jacksonville. Wilmington (Del) Norfolk Baltimore. New York. Boston CANAOA Montreal. Toronto. St John FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl ANTWERPEN TNT
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      634 34 J J AT CONVENTIONAL WHARVES Hong-Soon Mohkota Exp Abodi Joyo Brastogi Hong Woon Johan Johan tody Anno Or Chaiprasi JURONG PORT Bulian Mas Owi Daya Eastern Bge One Fourei Nomthogn 2/B Put Adil Diamond Deer lliyono Moriya fortune Niaga 42 Pacific lover Porthos Shangnla Swee Ann Sotu Sincere No 5
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      Page 34 Advertisements Column 2
      560 34 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST IS* t 7S/6 IS/6 I 73/6 77/6 ft 27/6 72/6 ft 77/6 77/6 I 77/6 77 6 77/6 27/6 77/6 MANILA BUSAN TOKYO KOBE NAGOYA YOKOHAMA JAKARTA NEW ZEALAND/ AUSTRALIA AUCKLAND WELLINGTON N
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      Page 34 Advertisements Column 3
      493 34 *V MOL Mitsui OSKJLines. JLtd EXPORTS TO PSW CONNECTING AT |TO double stack trains eta Inm—lga r'HVAM BMI'Mf lllMflf pmitm 080 r MV '''H,'iiprin EM CM CM E3B EM EM EM rrrn EMEMEMEMEMLiML/JIBB EXPORTS TO OTHER USA/CANAOA CONNECTING AT to pnw CANAOA EAST COAST I ALL WATER! alligator ao«f i
      493 words