The Business Times, 28 June 1989

Microfilm: NL16652
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, JUNE 28, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    250 1 Dow up US SHARE prices gained strongly early yesterday although trading was relatively light. Stocks were supported by the third straight rise in US bond prices, traders said. The Dow was ahead 12 points at 2,524 and gainers led declining issues by about three-to-two. Reuter Footsie up
    250 words
  • Article
    Development charge: govt refines proposal
    609 1  -  By LILIAN ANG THE GOVERNMENT is to introduce a third version of the development charge system one that treads middle ground between the existing system and the proposed system which was to have been implemented next month. At a meeting with building industry professionals yesterday,
    609 words
  • Article
    Stanchart invites 50 to bid for flagship building
    563 1  -  MINIMUM PRICE UNDERSTOOD TO BE $832 MILLION By MAGDALENE NG INTERNATIONAL BANKING group Standard Chartered has invited at least 50 parties around the world to bid for its flagship building in Singapore which comes with a price tag of at least $832
    563 words
  • Article
    Lock icon Taipei suspends probe to avert panic
    284 1 Reuter THE TAIWAN GOVERNMENT has acted quickly to to halt a heavy sell-off in the stock market by suspending an investigation into illegal trading. Brokers in Taipei said yesterday that election politics was behind the move. The investigation, which threatened to crack down on
    Reuter  -  284 words
  • Article
    US$ bounces back
    100 1 THE US DOLLAR bounced back in moderate trading on the Tokyo foreiQn exchange market yesterday to close at 141.23 yen, up from Monday's close of 140.18 yen. There was no strong incentive for dollar buying, dealers said. But the Japanese ruling party's loss in an upper house
    100 words
  • Article, Illustration
    Local bourse bucks regional trend to end higher
    246 1 THE Singapore- stock market bucked the regional trend to finish higher on bargain-hunting. The Straits Times Industrials Index closed 4.04 points higher at 1.291 62 while the Business Times Composite Index advanced 6.76 points to 1,193.19. Turnover was 87.76 million units worth
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  • Article, Illustration
    Khoo Teck Puat's daughter charged under Residential Properties Act
    574 1  -  By ELAINE KOH MAVIS OEI. the 42-year-old daughter of fugitive tycoon Khoo Teck Puat. was charged yesterday on two counts of contravening the Residential Properties Act. Oei, a director of Goodwood Park Hotel, is believed to be the first person charged
    574 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      44 1 BKI NO M U. 1.1 Cent repot nl #01-30. Tel: 737 4504 Forum Galleria #01-46, Tel: 732 8961 SPACE AND TIME WHEN YOU NEED TO BUY, SELL OR LEASE SPACE AND THERE'S NO TIME TO WASTE... CALL US. INT! IMTIONAI MOMITf CONSULTANTS 224 8181
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      Page 1 Advertisements Column 2
      208 1 Editorial Comment: 12 Home is where the troops belong Tokyo stock market 12 Investing in the power of Zen Asian stock markets 12 Riding tomorrow s tigers R E Rogers 2 Firm investing $1.4 m here PWD 3 New network to save energy Japan 4 LDP may be ready to
      208 words
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      Page 1 Advertisements Column 3
      12 1 Full report, PAGE 18 Regional Mkts, PAGE 20 World Mkte, PAGE 21
      12 words
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      Page 1 Advertisements Column 4
      228 1 Farah The original Hopsack slacks for men Available at OG People s Park.Orchard and Elite MDM I* MOMTRi OIS WOKTBES J<, A Jp I 0 lIT I 01 S II OB T■! S z GEN EV h m i Time is divided into two parts: before and after Hublot |iy
      228 words
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  • HOME NEWS
    • Article
      Exhibition freight forwarder investing $1.4m in S'pore
      450 2  -  MOVE TO ESTABLISH REGIONAL HQ IN REPUBLIC By WALTON MORAIS AS PART OF an expansion drive, exhibition freight forwarder R E Rogers has invested $1.4 million in its Singapore operations, the group's largest investment outside England. The investment includes the purchase of its
      450 words
    • Article, Illustration
      More Tanjong Pagar units leased out
      340 2 MORE UNITS of the 32 shophouses restored in the Tanjong Pagar Conservation Area programme have been leased out by the Urban Redevelopment Authority. Among the new tenants are a Chinese herbal medicine operator, a shop selling hand-painted clogs, a teahouse, and a souvenir shop
      340 words
    • Article
      Wong Kan Seng meets top Thai official
      241 2 THE FOREIGN AFFAIRS Minister. Wong Kan Seng, yesterday met a senior Thai official who made a short stop in Singapore. A Foreign Ministry spokesman said Kasem Kasemsri, the Thai Foreign Ministry's permanent secretary, stopped over in Singapore on his way to Brunei to
      241 words
    • Article
      Good response to worker training schemes
      297 2 BEST. WISE, MOST the worker training schemes have caught on well, reported the Senior Minister of State for Education, Dr Tay Eng Soon, last night. The BEST (Basic Education for Skills Training) programme has achieved more than half its target of 225,000 workers. To
      297 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      238 2 RESEARCH Pacific has appointed CHINQ CHIEW LIAN and LOO U MING as research executives. Ms Ching was working in the telemarketing department of a major multinational office machine company and was also an account executive for a design consultancy. Ms Loo is a graduate of the University
      238 words
    • Article
      Six LPG suppliers team up with cylinder maker in advertising campaign
      258 2 SIX OUT of Singapores seven liquefied petroleum gas (LPG) suppliers have joined forces with a LPG cylinder manufacturer in an advertising campaign to assure consumers that it is safe to use bottled gas. The six-month long campaign, which started
      258 words
    • Article
      GPC calls for proper training
      128 2 NEW WORKERS in higher risk industries like construction and shipbuilding should be given proper training, especially in industrial safety, said the chairman of the Government Parliamentary Committee on Labour. Mr Lim Boon Heng. yesterday. Although the number of industrial accidents had been declining since 1980,
      128 words
    • Article
      MEMO-PAD
      494 3 Seminars and courses Jun 28 Selling Competitively Hilton Hotel MMS Consultancy Jun 26-29 How to Prepare Hyatt Hotel Eastern Strategic Marketing Consulting Plans Group Pte ltd Jun 28 29 Managing Your Records Boulevard Hotel Information Management Associates Jun 28 30 Assertiveness Skills SIM Management Hse Singapore Institute For Managers
      494 words
    • Article, Illustration
      New PWD network to save energy
      351 3  -  System to cut electricity bills by as much as 20pc By JOCELYN TOH THE PUBLIC Works Department will install an islandwide energy management network of more sophisticated controls to better control electricity usage and cut energy costs. To cover 30 major government buildings and
      351 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      235 2 DBS Land, PAGE 17 /OSTLE Al BUSTLE /fLE HUSILE /USTLE bustle BUSTLE HUSITE 4 HUSTLE BUSTLE \BUSTLE HUSTLE BUSTLE HUS'ITE BUS'ILE HUSTLE BUSTLE HUSTLE BUSTLE HUSTLE BUSTLE HUSTLE BUS'ILE ISTLE ki u BUSTLE HUSTLE BUSIIE HUSTLE BUSTLE aaaaaaah BUSTLE HUSTLE BUSTLE HUSTLE MANDARIN ORIENTAL HUSTLt, BUSTLE HUSTLE BUSTLE HUSTLE BUSTLE
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    • Advertisement
      Page 2 Advertisements Column 2
      55 2 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day la collection VanGeef&Arpels Paris SPORTS Authorised dealers ROY EASTERN WATCH PTE LTD Tel *****39. *****35 DELUXE EASTERN WATCH PTE LTD Tel *****36/*****83 CORTINA WATCH CTR PTE LTD Tel *****85. *****71 NANKING WATCH DEALERS Tel *****04 *****58 WATCHES Of SWITZERLAND Tel
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      194 2 Singapore OUTLOOK: Showara over M««ril araaa In 27/15 Claor 29/16 Claor 26/20 Cloudy 27/18 Sunny 21/12 Flna 30/13 Claor 27/15 Claor 17/06 Claor 36/21 Claor 16/03 Cloudy 12-01 Cloudy 26/18 Cloudy 33/14 Cloudy 23/14 Claor 32/23 Flna 18/13 Cloudy 27/15 Claor 27/15 Claor una* 22/12 Claor 13/04 Cloudy 31/26 Cloudy
      194 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      138 3 SES special supplement ITS BACK! BTs special annual supplement on the stock exchange. A sellout when it was launched last year. And required reading again this year, with topics such as: The China Crisis and Singapore's stock market. Which stocks where? Experts offer their views on the world markets. After
      138 words
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      Page 3 Advertisements Column 2
      420 3 HOW TO MAKE A QUICK MILLION. Marry a millionaire's daughter. Fight Mike Tyson. Or buy a Nissan. i/v V-w <•-V *-«ar "-J hi. <*£ >^n Wi* V 1 <*tl T > v .VM it 4 i. 't V*?* 3 B i£ri 1 s 4: i? 3» :.W1 flk< M-i L
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  • ASIA-PACIFIC
    • Article, Illustration
      Lock icon Ruling LDP may be ready to dump PM Uno
      555 4 FT, Reuter JAPANESE big business is running scared over the possibility of a crushing defeat of the longruling but scandal-plagued Liberal Democratic Party (LDP) and the party seemed to be preparing to dump Prime Minister Sousuke Uno on Monday, after double
      FT,; Reuter  -  555 words
    • Article
      Lock icon Japanese see global market for pollution-control products
      255 4 AP JAPANESE businesses have responded to environmental concerns at home, and now see a new market abroad in growing awareness of the perils of pollution. Mr Stephen Marvin, an analyst at Jardine Fleming Securities, predicts a "boon of enormous proportions to companies in
      AP  -  255 words
    • Article, Illustration
      Lock icon Philippine Cabinet heading for a shake-up: analysts
      432 4 AFP THE SUDDEN resignation of two key members of President Corazon Aquino's Cabinet over the past week was not expected to hurt her political stock, but gives weight to rumours of a wider top-level shake-up, observers say. The departure of Economic Planning Secretary
      AFP  -  432 words
    • Article
      Lock icon India hits out at Sri Lanka for taking dispute to SAARC
      195 4 AFP INDIA has condemned attempts by Sri Lanka to take a dispute over the presence of Indian peace-keeping troops on the isIcuid to a South Asian cooperation group due to meet next month in Islamabad. "We refuse to accept
      AFP  -  195 words
    • Article
      Lock icon Tokyo expected to post 5pc real growth
      184 4 AFP JAPAN S gross national product (GNP) will grow at an annual rate ot 5 per cent in real terms in fiscal 1989 ending next March, a Tokyo economic research institute forecast yesterday. The Research Institute of National Economy (Rine), a leading think
      AFP  -  184 words
    • Article
      Lock icon Japan regarded as an opportunity: forum
      494 4 Bernama ALTHOUGH the potential for conflict is present, better mutual understanding has caused Southeast Asian countries to regard Japan as more of an "opportunity" than a "threat", according to a panel of experts in Malaysia. The experts felt that "any country can be a
      Bernama  -  494 words
    • Article
      Lock icon Single EC market will benefit NICs more than developing nations
      528 4 Bernama THE FORMATION of a single market within the European Community (EC) in 1993 will benefit the newly industrialising countries (NICs) more than other developing countries, and the single market in general has little to offer Asia, where the majority
      Bernama  -  528 words
    • Article
      Lock icon Lange to face challenge?
      372 4 AFP LONG-STANDING speculation of a challenge to the leadership of Prime Minister David Lange strengthened yesterday after Labour Party president Ruth Dyson postponed an overseas trip to attend tomorrow's caucus meeting The speculation was further fuelled by the decision of two Cabinet ministers who support Mr
      AFP  -  372 words
    • Article
      Lock icon Israeli govt defeats noconfidence motions
      184 4 Reuter ISRAEL'S Parliament defeated seven no-confidence motions on Monday over an economic slowdown caused largely by an 18month Palestinian uprising in the Israeli-occupied West Bank and Gaza Strip. Seven opposition parties from left and right criticised steps taken by Finance Minister Shimon Peres to revive
      Reuter  -  184 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1033 4 ARRIVALS Operator Sarvic* Local From numb*r tlm« MAS MH627 0005 KUL SU soon 0040 LAX/NRT UAL UA805 0055 SFO/HKG SIA SQ802 0420 AKL/SYO SU SO 401 0555 CMS SWAZI ID CW707 0625 MTS/MRU AJK StA SQ491 0740 BWN SIA SQ031 0755 COG/ROM MAS MH640 0820 KUL KAL
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      35 4 Leader, PAGE 12 For Rare Hardwood Furniture, Please visit our showroom at: 272/276 River Valley Road, Singapore 0923. Telephone: *****23 or *****71 (Open Mon Sat 10 am 6 pm) li' SB I I I Ji
      35 words
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      Page 4 Advertisements Column 2
      41 4 The business person's choice every Tuoday, Thursday. Saturtb* and Sunday. Leaving Chan Airport at 22:05 hours and arriving at Lotrr B Pearson International Airport the following day. ill your Tnwl Agent or Air Cintdi it 7MSSSS. 1 HRE FRESH A IR
      41 words
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  • REST OF THE WORLD
    • Article
      Lock icon Leading economic index for 10 nations dips
      224 5 UPI THE COMPOSITE leading economic index for 10 of the world's ftiajor industrial nations slipped Slightly in the most recent quarter, the Conference Board reported on Monday. The board's latest international economic scoreboard showed the composite leading index for the 10 countries grew
      UPI  -  224 words
    • Article
      Lock icon Safety rules for chemical industry
      84 5 Reuter THE International Labour Organisation (ILO) has approved plans to give more protection to workers handling chemicals and to help prevent major accidents. Delegates representing governments, employers' associations and trade unions from most of the ILO's 150 member states endorsed on Monday a report outlining
      Reuter  -  84 words
    • Article, Illustration
      Lock icon Hawke hopeful about trade dispute with US
      344 5 Agencies AUSTRALIAN Prime Minister Bob Hawke went away empty-handed on Monday from talks aimed at gaining US concessions in a dispute over export subsidies, but Mr Hawke said he was optimistic that differences could be resolved. Following morning talks with Agriculture Secretary Clayton
      Agencies  -  344 words
    • Article
      Lock icon Mitsuzuka discusses trade with Bush
      346 5 Agencies PRESIDENT George Bush on Monday met Japan's visiting Foreign Minister Hiroshi Mitsuzuka for talks focusing on US-Japa-nese trade and the crisis in China, the White House said. During their 20-minute talk. Mr Mitsuzaka said he was "encouraged by the president's experience" in Asia and
      Agencies  -  346 words
    • Article, Illustration
      Lock icon Call for framework for a new Pacific partnership
      682 5 JAPAN MUST FULLY OPEN ITS MARKETS: BAKER Agencies US SECRETARY of State James Baker has called on the trading partners ot the Pacific to forge a new mechanism for economic cooperation and said Japan must fully open its markets to ease tensions
      Agencies  -  682 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      207 5 f! 4 J 'i Ilf i H iff «JM i-* 11 f 'vfr' ■r" y £v 3L. ,js ,4: *5 I SFI MmvZmd j* .Jr lll!!!\l''j1:iil|' -*W •ri> JAGUAR a:^-. v ,-J|_ THERE IS LITTLE WE CAN ADD. u the true measure of a car's completeness when it is seen
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      77 5 Doonesbury POESN7 HERECDMES SHE LOOK 7HEBRIPE... DARLING IN PA. PA,PA, PUM< r PING ENo<* SEMBLE, a M WA V KJMBERLEY! ISNT HER PRE-NUPTIAL CENTER FVU?7HB MOST FABULOUS THING YOU'VE EVER/ M s ft OBZ BY GARRY TRUDEAU UH...UJELL, IPUNNO, BOOPSIE. I MEAN, I ONLY BUY SKIN MAGS ONC3 IN A
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  • FOCUS
    • Article, Illustration
      Lock icon Outcry in India over ruling party's domination of broadcasting
      613 6 NYT WITH a national election looming towards the end of the year, Prime Minister Rajiv Gandhi and his Congress (I) party are rapidly assuming political domination of the government-run television and radio networks that have a monopoly of broadcast news in
      NYT  -  613 words
    • Article
      Clearing the decks for the Indian air taxi
      1071 6  -  By SHIRISH NADKARNI DOMESTIC AIR TRAVEL in India i at the moment is perhaps at its i worst-ever level, with the monopoly government-run carriers Indian Airlines (on trunk and main routes) and Vayudoot (on feeder routes) experiencing the sort of problems they
      1,071 words
    • Article
      Lock icon Tabloids flourish in central Indian state
      396 6 AP I SPICY CLAY. Lovely Smell. Mummy Daddy and 216 other tabloids with equally unusual names are published in Bhopal every week Or theoretically every week most owners are not interested in regularity and produce the papers only as a means of petty blackmail
      AP  -  396 words
    • Article, Illustration
      Lock icon Rows with Sri Lanka, Nepal threaten Rajiv at the polls
      738 6 As India prepares for elections, Prime Minister Rajiv Gandhi has started dominating the state-run television and radio networks and also raised the price of newsprint, prompting charges of political interference by newspaper editors. A trade war with Nepal and a
      Reuter  -  738 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      80 6 WliP 5 Spectacular! Impressive/ A)ul even'bit your style. Jkj A diamond is forever Mikv c<«a« cares KCt—* taiT PETER LAI JEWELLERY rM?"nTj Deeply treasure*/. forever jdmired (Member of Diamond Exchange of Singapore) c 2SH CiP B IS, PETER LAI JEWELLERY PTE LTD «0? 86 8." I urkv PU/a *0? 49
      80 words
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      Page 6 Advertisements Column 2
      98 6 FOR WHO, WHAT, WHERE AND WHEN THE ADVERTISING MARKETING, in BUSINESS TIMES every Thursday, covers a vital sector of the economy comprising the country's communications muscle. The page monitors business developments and the players in both international and Singaporean advertising agencies; it charts and reports on trends in public relations,
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  • BANKING AND FINANCE
    • Article
      Lock icon US T-bond futures to be revived
      258 7 Reuter THE NEW YORK FUTURES Exchange (NYFE) and the Financial Instruments Exchange (Finex) will launch US Treasury bond futures in early August, reviving a contract delisted several years ago, the exchanges said. NYFE. the New York Stock Exchange s futures subsidiary, offered the contract
      Reuter  -  258 words
    • Article
      Lock icon Liffe's new bid to boost Euromark trade
      288 7 Reuter THE LONDON International Financial Futures Exchange (Liffe) has fired a further shot in the battle for Euromark futures business by announcing new incentives to local (independent) traders Liffe is competing for Euromark business with the French financial futures market, Matif. The threemonth
      Reuter  -  288 words
    • Article
      Government Securities Market
      115 7 Treasi Period 3 months 6 months 1 yeor iry bills Issue code &Q*****H BS*****H BY*****F Yesterday's closing Maturity BID OFFER 21.09.89 4.12 4.07 23.11.89 4.20 4.15 24.05.90 4.29 4.24 Day's HIGH LOW 4.14 4.07 4.28 4.28 Government notes and bonds Period Issue code 2 years N*****0E 5
      115 words
    • Article
      Asian dollar market
      271 7 Asian dollar deposit rates closed little changed from the opening yesterday, but slightly down compared with Monday's closing levels, dealers said. Short-dates and term rates eased 1/16 to 1/8 point at the outset following a marginal drop in the US Federal funds rate and firmer bond prices.
      271 words
    • Article
      Lock icon IMM
      183 7 Reuter IMM CURRENCY futures finished the day sharply lower on Monday after a session of profit-taking eroded values. Last week's rally came to a halt at the opening as traders brought prices in line with declines overseas. Prices eventually found support when traders grew concerned that central banks would
      Reuter  -  183 words
    • Article
      Money markets
      52 7 THE OVERNIGHT rate fell by 1/16 on the Singapore money market yesterday. The term rates remained unchanged. S$ Interbank rates at the close yesterday OFF€i wo night 5 5/16 S 3/16 1-.no** 5 5/16 5 3/16 2-man* 5 3/8 5 1/4 3-morth 5 3/8 5 1/4 Overnight mod*;
      52 words
    • Article
      Lock icon Offer to reduce Mexican loan value by 30pc
      250 7 FT MEXICO's leading creditor banks have responded to the country's request for debt relief and have offered to reduce the face value of loans to the country by 30 per cent. The plan, put together by a 15-strong group of the country's
      FT  -  250 words
    • Article
      Lock icon Simex
      506 7 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened unchanged from overnight IMM level at 91.26 in quiet trade. The September contract traded within a ranged of 91.24 to 91.26 before settling at 91.26, up 5 ticks. Currency futures fell as US dollar strengthened marginally due to uncertainty over the near-term
      BA Futures  -  506 words
    • Article
      Comex gold/silver futures
      199 7 Gold futures on June 26, 1989 100 troy ounces. USS per troy ounce Op*n Htgti Low s«w« Jun 378.00 378.00 376.00 375.10 340 M 377.80 377.80 377 80 376.10 3.60 Aug 380 90 381.10 377.10 378.30 3 50 Oct 38S.OO 385.00 381 30 ***** -3.40 OK 389
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    • Article, Illustration
      Lock icon World Bank defers decision on new loans to China
      434 7 Strong pressure from US and other industrialised nations FT THE WORLD BANK is to defer consideration of several new loans totalling US$7OO million to China, though it will continue to disburse money under already committed programmes. The bank's decision on Sunday
      FT  -  434 words
    • Article
      Lock icon Most foreign banks in Canada have found their niches
      515 7 Reuter CANADA'S foreign banks, many of whom had a tough time when they arrived in the early 1980s, are now sharing in a banking boom and posting higher profits, just like their domestic counterparts. Bankers say the reason for the upswing
      Reuter  -  515 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      60 7 MORE THAN 12,000 TRADERS NOW HAVE MICROGNOSIS! And that's a very healthy sign. Because Micrognosis digital and video trading floor systems are making traders more productive and more competitive by putting all the information they need at their fingertips. If you're planning a new floor, why not find out what
      60 words
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      Page 7 Advertisements Column 2
      119 7 v W FOR MEN WHO DARE K\ ilUCii'" i<l' pi! il'iiv"* til*' t*''- 'Mh- -<if* ••H hiv 'C V""' 'ti ~m f .ii— th«- skiM ;iihl i.t Th* 1 -ri' i-?.IT! I« 'll*» I'.liMM 1T •rk'' Tti i' )i> i !lilii'!'■ tMi«-r 1 i r i' •':> ~.p, i", v.
      119 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1633 8 SINGAPORE: THE US Dollar closed mixed yesterday after fluctuating within narrow ranges in thin trading due to a lack of fresh marketmoving factors, dealers said. "It was a boring day. It is difficult to predict the dollar's near-term direction," a Japanese dealer said. "Without new factors, I expect
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    • Article
      Lock icon Finland's loan to China signed before turmoil
      147 8 AFP A FINNISH 100 million marks (US$22 million) loan to China was agreed two weeks before the June 4 Beijing massacre and not afterwards, the government said in Helsinki yesterday. Finland's Foreign Ministry took the unusual step of clarifying when the loan was
      AFP  -  147 words
    • Article
      Options
      1227 8 CURRENCY FUTURES OPTIONS Tuasday, J una 27, 1989 DEUTSCHE MARK (SIMEX) Sep 8* caNa High Low S« Sop M Ugh L P*» ow S oa 52 145 53 209 54 285 Tuasdoy, J una 27, 1989 JAPANESE YEN (SIMEX) Sop M etna Sop Hpata Low Soa 75 High Low
      1,227 words
    • Article, Illustration
      World interest rates
      180 8 Indicate* tha avaraga ol the prim* tending rate* of 12 ma for banks in S'por* Interbank market rates (offer/bid) on June 27 us$ DM SWFC Y«n day. 9 t/U 7/U Mh 1/1 mi. 9 S/U 3/U Mh 9 3/U l/u l/U IS/U 13 3/4 13 S/« 14
      180 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      615 8 \j£/ THE MITSUI TRUST BANKING CQ, LTD. Non-Consolidated Balance Sheet (As of March 31, 1988 and 1987) BANKING ACCOUNT Yen in millions Assets Cosh and Due from Bonks Call Loans Monetary Claims Bought Trading Account Securities Investment Securities Loans and Bills Discounted Foreign Exchange Assets Other Assets Premises and Equipment
      615 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      166 9 At UPS We Handle Vital International Documents The Same Way You Do. B r« f jfljuT <0 U i rr i 4 i i U,, mrnkM a v* I ll o ne By One Handing over an important piece of work is more than a matter of business. It's a
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  • COMMODITIES
    • Article
      Lock icon Rubber
      316 10 Reuter SINGAPORE: Rubber prices closed easier yesterday with July 1 RSS quoted at 179.00 cents a kg. down 1.75 cents from Monday's close. Dealers said prices drifted lower in early afternoon* on some long liquidation and in line with lower Japanese advices. But short-covering towards the close helped recover
      Reuter  -  316 words
    • Article
      SSR and SMR
      75 10 (canti/kg) JULY 1989 AUGUST J 989 (currant month) (forward month) NOON NOON RAS tvy«fl S«il*fs twyart S*ll*rl SS8 30 150.00 152.00N 150.00 152.00N SS8 SO 148.00 150.00N 140.00 150.00N MRELB Buy*r» S*U*rt Buyer* SM> CV 240.50 242.SON 242.50 244.50N SMS I 243.50 344.50N 244JO 246.5ON SMR 5
      75 words
    • Article
      RAS and MRELB
      269 10 RAS prices m s cMbAg, FOB m b*i*« 1 NOON CLOSE Buyers Sellers Buyers Sellers tnt 1 RSS Prompt 181.50 182.00 181.00 182.00N tnt 1 RSS July 89 179.50 180.50 179.00 180.00N bit 1 RSS Aug 183.00 184.00 182.50 183.50N Int 2 RSS OP 179.00 181.00N 178.50
      269 words
    • Article
      Lock icon KL Tin
      203 10 Reuter Renewed buying Intereet helped the Kuala Lumpur Tin Marfcat (KLTM) to recover 19 cants to 26.49 ringglt I RQ y#si#ro«y f brokara said. They said the decline on Monday attractad strong praaanca of Europaan tradara but aoma withdraw aa tha prica roaa gradually, taking about 25 pet
      Reuter  -  203 words
    • Article
      Produce Prices
      194 10 Chinese Produce Closing prices on June 27 Exchange Coconut oil (M$/ 100kg) Sollers' noon closing prices on Juno 27 (SS/100 kg) New drums 2nd hand drums 153.00 147.00 Coconut oil Bulk FOB 105.00 Bulk Local in bulk 138.00 135.00 Old drum FOB New drum FOB 115.00 119.00 Copra
      194 words
    • Article
      London Markets
      250 10 London S*p/Oct 552.5slr Commodity J 1 1 oil 5Hpc < Exchange OF Rotterdam Buyer/Seller dosing prices Aug/Sep on June 26 (£/tonne unless Oct/Nov 490 specified). Previous dosing prices in parenthesis. London Metal Coffee Exchange Basis In-store London, sellers option CIF London kil 1062/1066 Afternoon session closing tone and
      250 words
    • Article
      Lock icon Palm Oil
      541 10 Reuter Bernama MALAYSIAN CRUDE PALM ON. prices extended their loeses at the close yesterday on further liquidation and buyers' reserve, with falls in palm oil futures and Chicago soyoil futures weighing on values, deslers said. A lack of supportive fundamentals, particularly in the export business, continued to undermine
      Reuter; Bernama  -  541 words
    • Article
      Lock icon Precious Metals
      421 10 Reuter HONGKONG: GOLD closed easier yesterday against New York in fairly quiet two-way trading on profit-taking by local traders in the last session. Dealers said Japanese buying orders and shortcovering by overseas investors pushed up the metal prices in the afternoon but it was depressed by local selling
      Reuter  -  421 words
    • Article, Illustration
      Lock icon Opec oil price likely to stay at US$18 for the year: Indonesian official
      375 11 Reuter OPEC is likely to keep its US$lB a barrel reference price for the rest of the year, but increase its output ceiling to at least 20 million barrels per day (bpd) in the fourth quarter, Indonesian
      Reuter  -  375 words
    • Article
      Lock icon Overproducers cutting back output, says Opec chief
      190 11 Reuter OPEC president Rilwanu Lukman said members of the oil exporter group that had been overproducing were reducing output towards their assigned quotas. "We understand our friends are bringing down their production, Mr Lukman said without specifying details. Kuwait and the United Arab
      Reuter  -  190 words
    • Article
      Lock icon South Korea offers to help Iran complete petrochem project
      251 11 Reuter SOUTH KOREA is ready to help Iran complete a multi-billion-dol-lar petrochemical project whose Japanese partners want to end their part in it, the Iranian news agency IRNA said on Monday. It said the offer to finish the Iran-Japan Petrochemical Company
      Reuter  -  251 words
    • Article
      Lock icon Brazil pledges tin funds to ward off 'free ride' criticism
      488 11 AFP BRAZIL, the world s largest tin producer, has moved to ward off criticism over its refusal to join the International Tin Association (ITA) by pledging funds for research, an informed source said yesterday. The Brazilian tin producers syndicate will
      AFP  -  488 words
    • Article
      Lock icon Record Thai rice exports expected
      176 11 Reuter THAI RICE EXPORTS will set a record five million to 5.5 million tonnes this calendar year, against 4.5 million projected earlier and the previous high of 4.78 million last year The deputy director general of the Thai Foreign Trade Department, Pracha Charutrakulchai, said in
      Reuter  -  176 words
    • Article
      Lock icon Soybean & Wheat
      245 11 Soybean Wheat Reuter CHICAGO Board of Trade soybean futures closed mostly lower on Monday with selling throughout the session keyed to weekend rain in the US Midwest and forecasts for more. However, late short-covering pulled July up to close unchanged and trimmed losses in new crop. July recovery to unchanged,
      Reuter  -  245 words
    • Article
      Lock icon Crude Oil and Products
      155 11 Telerate SINGAPORE HSFO prices were notionally firmer in line with the recent hike in WTI futures prices CST-180 sellers were reportedly at $89 mt and above. No firm buyer's numbers were heard. 30,000 mt of 2nd-half July CST-180 was sold at $85.75 mt cit Sing Physical
      Telerate  -  155 words
    • Article
      Lock icon Bullish prospects for gold bullion
      434 11 Reuter THE DOWNSIDE POTENTIAL for gold bullion is limited at the moment, say technical and fundamental analysts in Lugano. "Gold is virtually in a bull market.'' chartist Brian Marber of Brian Marber and Co said at a conference in the Swiss city on Monday. An
      Reuter  -  434 words
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      499 10 SPAREKASSEN EH3 Balance Sheet as at 31st December Profit and Lois Account Assm Cash in hand A«Mh hold in Dan marks Nationalbank As sots hold in domestic bonks Assets hold in foreign banks, otc. Bonds Irredeemable fixod-intorost mortgoge doods Sharos. otc. Advancos Customers' liabilities for guorantoos Root proporty Mochinory, equipment.
      499 words
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      159 10 ft "Why is KLM always expanding its business connections?" n j V: X mm SfA KLM FLIES TO 138 DESTINATIONS ON b CONTINLNTS. w nt to he ready expand your business! 1 "•r Fly the world's first airline. Your guarantee for professional, punctual, friendly travel. Test us, try us, fly
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      1184 11 ASIA BUILDING SOCIETY LIMITED AND ITS SUBSIDIARY COMPANIES (Incorporated In The Repabllc Of Singapore) BALANCE SHEETS AS AT 31ST DECEMBER 1988 TMC GROUP TM COMPANY I MOUR SHAM CAPITAL STATUTORY unappropriated PRom mm cuwwpfT ua— jt«» OapoaW maturinfl after 12 montfia 10 080 000 980 000 99 519 10 080.000
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  • PERSPECTIVE
    • Article
      Home is where the troops belong
      514 12 THERE are some solutions which turn out to be worse than the problem they set out to meet. Two years ago. Sri Lanka signed a pact with India under which New Delhi agreed to send in its troops to help the Colombo authorities quell
      514 words
    • Article, Illustration
      Lock icon Investing in the power of Zen
      2073 12  -  Japan's stock market is seen as volatile, strange, exotic and inexplicable through traditional Western tools of analysis. Yet the market has outperformed its rivals. CLIVE WOLMAN, recently in Tokyo, explains why. CLIVE WOLMAN, FT TO FIND KOZEN YOSHIDA, you r have to wind your
      FT; Source: Federation Internationale des Bourses de Valeurs  -  2,073 words
    • Article
      Lock icon Riding tomorrow's tigers
      820 12 GROWING INTEREST IN BANGKOK, MANILA AND JAKARTA STOCKS The Economist IN ASIA'S poor capitalist economies, where governments have led the way in economic development. stockmarkets have tended to remain poor relations. Few companies are listed and shares are often undervalued. Because the markets are so thin, prices
      The Economist  -  820 words
    • Article
      Lock icon S Africa's motor city bracing for disinvestment blow
      676 13 Reuter PORT ELIZABETH, the hub of South Africa's motor industry has survived two major disinvestments, but the city is waiting apprehensively as another large US employer quits the area. Known as "The Detroit of South Africa", Port Elizabeth and nearby Uitenhage in
      Reuter  -  676 words
    • Article, Illustration
      Lock icon Vietnam's hostages may be freed
      898 13 'Re-education' prisoners, some 95,000 former opponents of the North Vietnamese, may soon find their ordeal coming to an end as Vietnam has indicated its willingness to resume talks with the US on the fate of these political prisoners. The Economist WHEN THE VIETNAM WAR ended
      The Economist  -  898 words
    • Article
      Lock icon Illegal activities blamed for US fishing drought
      807 13  -  By TIMOTHY EGAN NYT IN SOUTH-EAST ALASKA, where many villages are kept alive by the annual return of hordes of Pacific salmon, nearly 40 million were expected last year. But barely a fourth of that number went back there to spawn. In the
      NYT  -  807 words
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      585 12 DEN DANSKE BANK (Incorporated in Denmark) BALANCE SHEET at December 31,1988 ASSETS Cash in hand Assets held in Central Bank Assets held in domestic banks Assets held in foreign banks, etc. Bonds Irredeemable fixed-interest mortgage deeds Shares, etc. Advances: Overdraft facilities Bills of exchange Building loans Mortgage loans Other advances
      585 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      25 12 B^StCMT:F*ankßicfceDg sigh.' I'm Pi NOTHING.. Pi Noeopv... A NONeNTiTy 1 ITAMOMO oa IT®, u*-*eN 1 uFetjiin thrt of ch*istc>ph€k cou>neus rvißjfco fbLO.ToRGe-ULfNN.DRAKe RRLG4GM. .4" i
      25 words
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      281 13 EPSON ippwpfv i* r It's easy to see a who isn't using M It brings a tear to your eye just thinking of spending a day on an ordinary computer, doesn't it? Well, fortunately the innovative Epson PC AX Portable has addressed this problem head on. In fact, it boasts
      281 words
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  • LEISURE
    • Article, Illustration
      Lock icon Survey may help tackle Aids
      628 14 HEALTH AP A KINSEY INSTITUTE sex survey that could help researchers understand how Aids spread was 'delayed for almost a decade because two of its authors fought over whose name should appear first on the title page. The survey of more than 3,000 American adults,
      AP  -  628 words
    • Article
      Treat from Japanese wind ensemble
      222 14  -  MUSIC by Jerry Yap LOCAL music lovers can look forward to a treat from the Choshi Wind Ensemble. The group, which hails from Chiba province in Japan, is in Singapore to take part in the Music Festival. It was the 1979 winner of Japan's national
      222 words
    • Article, Illustration
      Lock icon West End seeing an American summer
      678 15 THEATRE NYT IF ANYONE WONDERS why the British invasion of Broadway dwindled to a single play last season (Shirley Valentine), the answer is to be found in London. The most popular drama in the West End is an American import, M Butterfly. Visitors to
      NYT  -  678 words
  • Page 14 Advertisements
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      289 14 POIIRVOISIER VS.O P-WHEte TO I Nil I lAIN LA CUISINE DE Wt* 19 JUNE 1 JULY PALM GRILL Experience the unique French cuisine of master chef Roland Durand from the famed Le Relais D« Sevres restaurant at the Hotel Sofitel in Paris. First prize winner of many culinary competitions. Selected
      289 words
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      187 14 BBQ Dinner at the Poolside Amidst the bustle and hustle of Orchard Road, enjoy a BBQ Dinner in the peaceful surroundings of our Rooftop swimming pool A gourmet range of chops and seafood to your favourite local items like satay and otak. To end the meal with all kinds of
      187 words
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      Page 14 Advertisements Column 3
      211 14 THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet pnce' For starters, take your p»ck of ouf cokJ dishes prawns on ice. fresh oysters, smoked salmon, meton and dried ham. vegetable temne, mixed seafood satod. cooked assorted vegetables and homemade dressings Select your main
      211 words
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      Page 14 Advertisements Column 4
      171 14 Absolut entertainment after 9 liMsil hiiisama r u r '/l L> <>♦ Temptations served round the clock... only at Cafe Excelsior A delightful selection of western and local favourites Executive Set Lunch $11.50** (Daily except Friday) Candle-Lit Set Dinner $13.50^ Every Friday Buffet Lunch a b\c V cum Fashion Show
      171 words
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      Page 14 Advertisements Column 5
      143 14 Britannia rules the tables We lay the magnificence and opulence of the British on our tables this month. Tuck into delicious Beef Steak smothered in onions, Steak and Kidney Pie, Irish Stew, Yorkshire Pudding, Dundee Cake and Richmond Maids of Honour, to name a few. Even the Royal Guards will
      143 words
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      85 15 In The Paek. Unkai is a traditional Japanese restaurant offering such superb delicacies as sushi, sashimi and teppanyaki For private parties there are four tata/m rooms available. Lunch: I2pni to )pm. Dinner 630pm to 11pm Uwk* fitPRICES SUBJECT TO 10* A(s> Century Park Sheraton Singapore Vgoocw 'COS W T***** O**Tfo
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      Page 15 Advertisements Column 2
      20 15 There's a time towerk, a time to play~. and a time to share *oor 4 j IT 4 COGNAC COURVOISIER,
      20 words
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      Page 15 Advertisements Column 3
      115 15 <@o to There is a little bit of Indonesia right here in Singapore Salero Indonesia Bagindo, Singapore's only authentic Indonesian Nasi Podang res for lunch and taurant. Even our chefs come from the Indonesian town of Podang be back before (If you haven't alreody guessed, that's where Nasi Podang origi
      115 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      767 15 CRYPTIC PUZZLE ACROSS 1 Youngsters, many in laboratories (5) 6 A knot and a half, perhaps? (5) 9 Did a turn with Rod Tate (7) 10 Bits of butchery a chap gets away with (5) 11 A king's on the way. we're told (5) 12 Little trouble-makers (5) 13 What
      767 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1331 15 TV and RADIO "5.T •> v V w 'V p in ~w. The All American Beer OUR CHOICE NOVA: THE ALL AMERICAN BEAR 9.30 pm, SBC 12 A documentary for those who think all bears are named Yogi and live in Yellowstone Park. They may not all be named Yogi
      1,331 words
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  • SPORTS
    • Article, Illustration
      Lock icon Chang meets challenge of grass
      727 16 WIMBLEDON AP THE STAGE was set for the i downfall of the teenage clay I court king. A switch to unfamiliar fast grass, a serve-and-volley opponent tailor-made for the sur- I face and a first-round match at the world's most famous tennis arena. But Michael
      AP  -  727 words
    • Article
      Lock icon Harding set to make defence in Australia
      215 16 BOXING AP NEWLY-CROWNED World Boxing Council light-heavyweight boxing champion Jeff Harding of Australia plans to make his first title defence in front of his own fans. Only a handful of Australians were on hand to watch Harding wrest the title from Detroit-based Englishman
      AP  -  215 words
    • Article
      Lock icon Lewis faces tough competition
      412 16 ATHLETICS AP OLYMPIC LONG JUMP gold medalist Carl Lewis was to face the games' silver and bronze medalists last night in his bid to extend his winning streak to 59 during the Lausanne Athletissima international track and field meet. Thirteen other champions from the 1988 Olympic
      AP  -  412 words
    • Article, Illustration
      Lock icon Australia likely to lead in Ashes
      247 16 CRICKET AP DAVID GOWER played a captain s innings for Enflland on Monday but his 106 appeared unlikely to prevent Australia from taking a 2-0 lead in the Ashes series. At close of play of the fourth day of the second Test, England was
      AP  -  247 words
    • Article
      Timman pulls off major upset
      399 16  -  CHESS By DEXTER LEE HOLLAND'S leading chess professional, Grandmaster Jan Timman, created a major upset last Saturday when he took top honours in the latest leg of the Chess World Cup. The Dutch number one finished the tournament with 1014 points out of a possible
      399 words
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      1952 16 FAR EAST FINANCE ORGANIZATION LIMITED AND ITS SUBSIDIARY COMPANY (lacacptraM ii the Repiblic af Sia«ap«ra) BALANCE SHEETS AS AT 31ST DECEMBER 1988 The Company The Company SHAK CAPITAL CAPITAL RESERVE Surplus on disposol of fixed assets STATUTORY RESERVE UNAPPROPRIATED PROfIT SHARE CAPITAL AND RESERVES LONG-TERM UABIIITIES Deposits due oiler 12
      1,952 words
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  • COMPANIES & STOCK MARKETS
    • Article
      KL puts pressure on foreign insurance firms to restructure
      471 17 THE MALAYSIAN government is putting pressure on foreign insurance companies to restructure their operations in line with the New Economic Policy (NEP) which expires in 1990. According to a report in The Asian Wall Street Journal, American International Assurance Co (AIA)
      471 words
    • Article
      Lock icon CIC nod for Berjaya's purchase on revised terms
      509 17 Bernama BERJAYA Corporation (M) Bhd's proposed purchase of a 32.8-per-cent stake in Sports Toto Malaysia Bhd has been approved by the Capital Issues Committee (CIC) on revised terms. In another development, the CIC has similarly approved South Pacific Textile Industries Bhd's proposed
      Bernama  -  509 words
    • Article
      Lock icon UMW's debt conversion proposal clears CIC hurdle
      348 17 Bernama THE CAPITAL Issue Committee i (CIC) has approved UMW Hold- i ings Bhd's three proposals con- < cerning debt equity conversion, acquisition and its staft share op- < tion scheme without any revi- sion. UMW Holdings said that CIC approved the company
      Bernama  -  348 words
    • Article
      DBS Land: Tanjong Pagar shops ready by mid-1990
      274 17 PROPERTY group DBS Land Ltd said that restoration work on its Tanjong Pagar shophouses is expected to be completed by mid-1990. In a statement yesterday, DBS Land said it has set up a wholly-owned subsidiary. Tanjong Pagar Heritage Pte Ltd. which will
      274 words
    • Article
      Lock icon No nod yet for Genting's reconstruction plan
      147 17 Reuter GENTING BHD is still awaiting official approval for a proposed reconstruction of its resort division but the scheme is expected to be completed before end-1989, director Mohd Amin Osman said Genting wants to sell its gaming, hotel and resortrelated activities to a
      Reuter  -  147 words
    • Article
      Lock icon Pilecon eyeing Asia-Pacific market
      262 17 Bernama PILECON Engineering Bhd. a civil engineering and construction group, is eyeing the Asia-Pacific region for its business expansion. Pilecon chief executive Hong Lee Pee said the group would be intensifying its contracting activities in the region in line with its objective to be the leader
      Bernama  -  262 words
    • Article, Illustration
      Metroplex to buy two prime KL buildings for M$332m
      551 17  -  By ELAINE KOH MALAYSIAN property group Metroplex Bhd is planning to acquire two prime properties in Kuala Lumpur for M 5332 million, j to be paid for with a massive issue of new shares which will more than double its paid-up
      551 words
    • Article
      Amcol discloses more details on Johor joint-venture
      290 17 AMCOL HOLDINGS Ltd has provided more details on its proposed resort joint-venture in Johor with Japanese golf course operator Kasugai Kaihatsu Kabushiki Kaisha. In a letter to the SES yesterday. Amcol said: the sale of the project land to the joint venture company
      290 words
    • Article
      Lock icon Sale of Sime Darby shares to help MMC cut debts
      312 17 Bernama MALAYSIA MINING Corporation Bhd (MMC) is using proceeds from its proposed sale of 20 million shares in Sime Darby Bhd to strengthen its financial position and reduce borrowings. In a circular on the proposed sale yesterday. MMC said the
      Bernama  -  312 words
    • SES
      • Article, Illustration
        Blue chips help market rally across the board
        1028 18  -  By JOSEPHINE CHAN AFTER losing ground over five consecutive sessions, investors and brokers heaved a sigh of relief when the market made a slight rebound yesterday. Late bargain-hunting boosted prices across the board and reversed the market's downward trend, despite the weak
        1,028 words
      • Article
        Unit trusts
        325 18 Managers' prices OCBC-SIMBL Investment for June 28 Savers Copttol Fund 101 106 Savers Trust fund 0.99 104 Singapore Unit Trust Tk~ r 1 10 1 17* OUB Investment Mgt TH* Savings Fund 099 105 Union Global Fund@ OSS 009 S'por* frog Fund 045 049 Union S'por* Fund 0915
        325 words
      • Article
        COMPANY MEETINGS
        56 18 BONVEBTB HOLDINGS LTD: AGM at the Registered Office. 541 Orchard Road. #16-00. Liat Towers. Singapore 0923. today at 9am. CHEMICAL INDUSTRIES (FAR EAST) LTD: 25th AGM at N0.52 Jalan Buroh. Singapore 2261. today at noon. TRANS-ISLANO BUS SERVICES LTD: 6th AGM at the Marina Mandarin. Taurus Room. Ground
        56 words
    • Article
      SES SHARE INFORMATION
      6249 18 ISM T«| Laal Vol Day Laal Ouole Dtv Dtv rid Nat M Cap 1 Ww High i ym Cade Company Sale +or- 000) High Low ouytr oviivr 7i v fi P/E 1 unll DEBENTURES. BONOS, LOANS J UN 27 284 1 >4 X 1543 CK Tang W1
      6,249 words
    • KLSE
      • Article, Illustration
        Bargain hunting lifts prices
        2218 19 THANKS to bargain hunting, the Kuala Lumpur stock market yesterday managed to snap out of its softer mood in the afternoon to finish generally higher in lacklustre trading. This was in spite of an overnight 20.49-point decline on Wall Street. Dealers said most market operators entered
        2,218 words
    • REGIONAL MARKETS
      • Article
        Lock icon Taipei: Panic subsides
        539 20 Reuter SHARE PRICES in Taiwan fell slightly yesterday as investors welcomed news that an investigation into illegal trading, which sent the market crashing on Monday, had been suspended. brokers said. The weighted index fell by 12.37 points to close at 9.297.1 and turnover picked up. reaching NT585.63
        Reuter  -  539 words
      • Article
        Lock icon Bangkok: Index up
        171 20 Reuter THE Stock Exchange of Thailand Index yesterday rose 5.41 points to 590.59 points on a turnover of 13.174,965 shares valued at 1.393.98 million baht. JUNE 17 »AMT Ao Kham That 420 2 Ayudhya Invaatmant 40 -0 25 Bangkok Agro-lnd 82 unch Bangkok Bank Bank Of Ayudhya
        Reuter  -  171 words
      • Article
        Lock icon Manila: Profit-taking
        147 20 Reuter PHILIPPINE share prices yesterday fell (or the fourth consecutive trading day running on Manila's twin exchanges as investors continued to cash in on last week's gains in selected stocks, brokers said. The Manila Stock Exchange composite index closed at 1,056.37 points against Monday's 1,060.65. Jesus Cinco. assistant
        Reuter  -  147 words
      • Article
        Lock icon Seoul: Shares fall
        132 20 Reuter SEOUL STOCKS lost ground for the sixth successive day in thin trading yesterday as consistent selling pressure forced the index below the 860 level, brokers said. The composite index closed at 879.52. down 3.21 points from Monday's finish. Turnover was 152.9 billion won against Monday's 158.5
        Reuter  -  132 words
      • Article, Illustration
        Lock icon Shares ease in meagre turnover
        1302 20 Hongkong Reuter HONGKONG stocks eased yesterday as share prices drifted lower throughout the day in meagre turnover, signalling the start of the summer lull. The Hang Seng index fell 33.92 points to 2.232.65 and the broader-based Hong Kong index was down 22.61 to 1.473.66. Turnover
        Reuter  -  1,302 words
      • Article, Illustration
        Lock icon Marginally easier
        434 20 Australia Reuter THE AUSTRALIAN share market closed marginally easier yesterday after late blue chip bargain-hunting and institutional "window dressing" ahead of the 'June 30 fiscal year end lifted the market off its earlier lows. The All Ordinaries finished 0.3 points higher at 1.506.5. A dealer said there was
        Reuter  -  434 words
      • Article, Illustration
        Lock icon Lower close
        455 20 Tokyo Reuter FOREIGN-BROKER sell programs knocked prices down from the morning's narrow trading band on the Tokyo market yesterday. but they only became mired again at a lower level as investors held to the sidelines on the last day ot trade for June settlement. Brokers said share prices
        Reuter  -  455 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow index sheds 20 points
        822 21 New York Reuter PROFIT-TAKING and program selling after an exuberant 50-point blue chip rise on Friday sent US stocks to a sharply lower close on Monday. Weakness in several key stocks weighed down the market, traders said. Investors failed to draw support from firm bond
        Reuter  -  822 words
      • Article, Illustration
        Lock icon Equities open quietly mixed
        881 21 London Reuter LONDON share prices opened mixed in quiet trading yesterday, reflecting nervousness over the release of UK May balance of payments data, due at 1030 GMT. Dealers said the main concern is that a much wider than forecast current account shortfall may cause a sterling
        Reuter  -  881 words
      • Article
        Lock icon Minorco chief sees joint ventures as areas of growth
        561 21 WE ARE IN NO HURRY TO MAKE ACQUISITIONS: SIR MICHAEL Reuter MINERALS and Resources Corp Ltd's chief executive Sir Michael Edwardes said he saw joint ventures as a potential area of expansion for the Luxembourg based group. "We would do joint
        Reuter  -  561 words
      • Article
        Lock icon GPT gears up attack on US market with modified telephone exchange
        474 21 Reuter GEC PLESSEY Telecommunications pic (GPT) is gearing up its attack on the US market with a modified System X digital telephone exchange to be ready for late 1991 or early 1992. John Ziemnak. engineering director of GPT Telecom
        Reuter  -  474 words
      • Article
        Lock icon Bid for Northwest allows KLM limited rights
        292 21 FT KLM ROYAL DUTCH Airlines, which is involved in a US$4.O5 billion tender offer for Northwest Airlines, will own about 10 per cent of the US airline but will have only 4.9 per cent of the voting rights if the bid succeeds. KLM
        FT  -  292 words
      • Article
        Lock icon Time rejects latest Paramount offer
        254 21 Reuter TIME INC has rejected Paramount Communications' new US$l2.2 billion otter, saying the bid was too low and that Time remained committed to its planned US$l4 billion buyout ot Warner Communications. "Time remains committed to its acquisition of Warner,' Time chairman Richard Munro said in
        Reuter  -  254 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1750 21 Reuter MILAN: Italian shares dipped in low vol- i ume yesterday after four consecutive < days of rises, with the market depressed by the absence of news and no sign of progress in resolving the political impasse in Rome, dealers said The MIB index fell 0.55 per
        Reuter  -  1,750 words
  • Page 17 Advertisements
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      206 17 A $30,000,000 Negotiable Floating Rate Australian Dollar Certificates of Deposit due 27th March, 1990 The Sanwa Bank Limited Singapore Branch In accordance with the provisions of the Certificates, notice is hereby given that for the three month interest period from 27th June, 1989 to 27th September, 1989 the Certificate will
      206 words
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      Page 17 Advertisements Column 2
      162 17 S I X C A P O RE'S PREMIER I WATCII BOUTIQUE i OUB IXI Financing Scheme i Q I i s More shares for your investment dollars Arc your funds locked up in stocks and shares? Wouldn't it be great if you can use them yet, at the same
      162 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      1130 20 On target, CHARTPOINT every Saturday KIAWAKHANGniANCEaWMNYLMTH) (Incorporated in Singapore) 157, SOUTH BRIDGE ROAD, SINGAPORE 0105. TEL: *****66 BALANCE SHEET 31 December 1988 ASSETS Current assets: Cash and deposits at banks Bills of exchange Treasury bills Mortgage loans due within 12 months Hire purchase debtors due within 12 months Other accounts
      1,130 words
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  • Article
    Consensus on Cambodia may emerge
    605 22  -  Asean meeting in Brunei next week By BOEY KIT YIN A POLITICAL consensus on the need for a comprehensive solution to the Cambodian problem is likely to emerge from the 22nd Asean Ministerial Meeting (AMM), which convenes in Brunei next week. The latest annual meeting
    605 words
  • Article, Illustration
    Lock icon EC strikes compromise monetary union deal
    479 22 Reuter THE EUROPEAN Community summit agreed yesterday on a compromise deal on economic and monetary union, with the first phase to start on July 1 next year. EC officials said. To cope with the objections of British Prime Minister Margaret Thatcher, the deal said
    Reuter  -  479 words
  • Article
    Lock icon Protest against repression in China
    254 22 Agencies EUROPEAN Community (EC) foreign ministers agreed on Monday on a series of measures to protest against what they called brutal repression in China. Spanish Foreign Minister Francisco Fernandez Ordonez said in Madrid that they had expressed outrage at continuing executions and proposed to ban
    Agencies  -  254 words
  • Article
    Lock icon NZ has high debt loading, official figures show
    177 22 AFP NEW ZEALAND'S total debt of NZ545.7 billion (U5526.5 billion) at December 1989 represented 71.5 per cent of gross domestic product, the country's Statistics Department said yesterday. The figures, the first official statistics on total debt since foreign exchange deregulation four years
    AFP  -  177 words
  • Article
    Lock icon Daewoo's workers accept offer
    270 22 Reuter STRIKING WORKERS at South Korea s second largest shipbuilder have accepted a pay package offer and are expected to return to work soon, company officials said yesterday. A spokesman at Daewoo Shipbuilding and Heavy Machinery Company said 58 per cent of some 8,000 union members
    Reuter  -  270 words
  • Article
    Lock icon Private managers may run Viet state firms
    354 22 AFP VIETNAM is prepared to hand over management of its state-run enterprises to "professional administrators from the private sector, according to authoritative economic sources in Hanoi. Meanwhile, Hanoi has received guarantees from the International Monetary Fund (IMF) for quick deployment of hard loans
    AFP  -  354 words
  • Article
    Lock icon More arrests in crackdown as blast death toll rises
    351 22 1 9rhe China question Agencies CHINA yesterday announced at least 15 new arrests in the nationwide crackdown on democracy movement activists, while the death toll rose for an explosion aboard a train on its way to Shanghai. The Beijing Daily News
    Agencies  -  351 words
  • Article
    Singaporeans speak up on reaction to China situation
    548 22  -  By FOO CHOY PENG MORE SINGAPOREANS have joined the minor debate in Hongkong over the reaction in Singapore to the Chinese government's violent suppression earlier this month of student protesters Three letters to the South China Morning Post (SCMP) pointed out that
    548 words
  • LATE FILE
    • Article
      Lock icon US-Japanese talks break down
      46 22 Reuter TALKS between the US and Japan over telecommunications trade broke down in Washington yesterday after a marathon bargaining session failed to forge an accord. Japan's top negotiator in the dispute, Ichiro Ozawa, told reporters that no new talks were scheduled. Reuter
      Reuter  -  46 words
    • Article
      Seoul allows deal with Chinese firm
      51 22 SEOUL yesterday approved a US$2.B million investment by China's Hangzhou Television Factory for a 13 per cent equity in a joint venture with South Korea's Orion Electric Co and Hongkong's Zhejiang Fuchen Co to produce about a million Braun tubes for colour TV sets
      51 words
    • Article
      Lock icon Mexico to open consulate here
      38 22 AFP MEXICO will open an embassy in Thailand and a consulate in Singapore in a bid to broaden diplomatic and commercial contacts in the Pacific Rim, Deputy Foreign Minister Andres Rosental said. AFP
      AFP  -  38 words
    • Article
      Lock icon KL seeks easier credit repayment
      64 22 AP MALAYSIAN Trade and Industry Minister Datin Paduka Rafidah Aziz met Japanese Prime Minister Sousuke Uno yesterday and asked Japan to ease repayment conditions tor yen credits totalling 406.6 billion yen given since 1966 to finance power plants and railroads. She said that the repayment
      AP  -  64 words
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      Lock icon Comex gold
      50 22 Reuter COMEX GOLD FUTURES firmed early yesterday on dealer buying in a market empty of two-way liquidity, analysts said. August gold gained US$l.4O at U*****.70 an ounce after bouncing off a low U*****.10. Analysts said the light buying by professionals had an exaggerated affect in a thin market.
      Reuter  -  50 words
  • Page 22 Advertisements
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      154 22 WHY START AT THE BOTTOM WHEN YOU CAN START AT THE TOP. No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire
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      Page 22 Advertisements Column 2
      24 22 World Bank (M«ri d«ctsk>n on now loans to China, PAGE 7 s T I tOWTIOWt IU« CWTta.lKOmiMt KiVIIVI CMMIS> UMI AM* •••INMMI NM ITMII
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      Page 22 Advertisements Column 3
      9 22 The silver report nm not available at proes tlma
      9 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Railway inspection
        91 23 Reuter ANGOLA has authorised Societe Generale de Belgique, which owns the Benguela railway, to inspect the line. The Angolan news agency Angop said the railway, which once carried Zambian and Zairean mineral exports through central Angola to the Atlantic port of Lobito, has been closed to international traffic
        Reuter  -  91 words
      • Article
        Lock icon Ship collision off Gibraltar
        103 23 Reuter THE Indian motor vessel Vishva Madhuri, 13,761 dwt, and the Chinese container ship Liao He, 26,025 dwt, collided on June 25 in dense fog off Isla de Tarifa, Gibraltar, Lloyds Shipping Intelligence said. Both vessels are now anchored in the Bay of Gibraltar. The Vishva
        Reuter  -  103 words
      • Article
        Lock icon Iran opens new dockyard
        77 23 Reuter THE first dockyard built by Iran was inaugurated at the Gulf port of Bushshehr on Monday, the Iranian news agency IRNA said. The agency, monitored in Nicosia, said small vessels could be repaired at the dockyard, built by Iran's navy personnel. It quoted navy commander
        Reuter  -  77 words
      • Article
        Lock icon New firm seeks to manage Thai port
        159 23 Richard Ng THREE companies have proposed a joint-venture to operate and manage the Laem Chabang deep-sea port located south-east of Bangkok. The Express Transport Organisation (ETO), Unithai and Hongkong International Terminal, wants to manage two of the four container wharves at Laem Chabang,
        Richard Ng  -  159 words
    • Article
      Lock icon Higher bid likely for Sea Containers
      397 23 Reuter SWEDEN's Stena AB and Tiphook pic of the UK. which on May 26 launched a US$B24 million tender offer for Sea Containers. said they are willing to discuss increasing their bid for the Bermuda-based group. In a letter sent to Sea Containers president
      Reuter  -  397 words
    • Article
      Index to advertisers
      975 23 A BBS i»m XII 4/5 ABC Conlomerline XI 5 Accord ShpQ VHI 3/4 AfS XIII 3 Ahre«k-el Imer XII 5 AC Toepler XIII 5 Arrow l»nes XI 5 Assoc Corr og« XIII 5 ANl HI 1/2 AfC line VH 4 API V 3-5 ASCI V 1 Arlos
      975 words
    • Article
      Walton given longer lease
      81 23 PORT executives at Felixstowe have concluded agreements to take a much-enlarged Walton container terminal into the next century, after many months ot negotiations. The accord gives Walton Container Terminal Ltd for a 70 per cent expansion of operations, extending its quay by 213 metres to a
      81 words
    • Article, Illustration
      Accord broadening global market base
      476 23  -  By JEAN FOONG SINGAPORE-BASED Accord Shipping is fanning out into the region as well as broadening its global market base. It is also moving into the trucking business, and will invest $2.4 million over a period of two to three years. "Representative offices will be
      476 words
    • Article, Illustration
      PSA to stage second bunkering conference
      347 23  -  By RAHITA ELIAS THE Port of Singapore Authority (PSA) is organising the second Singapore International Bunkering Conference (Sibcon). to be held between Sep 7 and 8. Some 400 participants are expected to attend Sibcon '89 to be held at the Raffles City Convention Centre.
      347 words
    • Article
      Jugolinija to boost service
      122 23 THE Yugoslavian shipping line Jugolinija will boost its service between the US east coast and the Middle East by the addition of two container newbuildings which have been ordered from the Yugoslavian shipbuilder Pula Shipyard. The vessels will be sister ships to the 1,700 TEU Sarajevo
      122 words
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      Lock icon A link in global products market
      1038 24 Rotterdam spot market Lloyd's List ONCE the story goes, a handful of friends used to oet together at Le Coq d'Or in Rotterdam. They j would do a bit of wheeling and dealing and indi- rectly determine the price of everything from bun- •>
      Lloyd's List  -  1,038 words
    • Article
      Lock icon Indian customs releases 45 oil tankers
      370 24 AFP ABOUT 45 of the 110 oil tankers detained for nearly three days by Indian customs officials at the Raxaul transit point south of Kathmandu have been allowed into Nepal, an official source said. Raxaul, a vital Indo-Nepalese border point, is located 205 km
      AFP  -  370 words
    • Article
      Shipping events
      688 24 June 27-30 Ocean car- rlerfc, Lloyd's of London T»ress shipping seminar, Horse Guards Hotel, White- -hatl'Court, London. June 28 Reinsurance Offices Association annual general meeting (details: ROA, Aldermary House, Queen Street, London EC4). July 10-13 Propulsion systems. West European Graduate Education Marine Technology 12th Graduate School organised by
      688 words
    • Article
      Lock icon Weekly freights
      691 24 AFP FREIGHT rates showed little change last week, with little new business reported, brokers said. The Baltic Freight Index closed up two points on the week at 1,399 points. Traders said that the summer doldrums appeared to be well established. Although a number of new orders were placed
      AFP  -  691 words
    • Article
      Lock icon Iran sets aside US$75m to repair Khorramshahr and Abadan ports
      217 24 Reuter TWO major Iranian ports badly damaged in the eight-year war with Iraq will be dredged soon, the Iranian news agency IRNA said. Khorramshahr and Abadan lie on the Shatt alArab waterway, sovereignty over which is disputed by the Gulf
      Reuter  -  217 words
    • Article
      Who acts for whom ...
      2413 24 Who acts for whom A B AB Shipping Boustead Shpg Agencies (S) ABBS Lin* SMS Pie Ltd (S)/Tunas SMI (PK/KL) ABC Containerize NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Lina (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toaptar Ocaanua Shipping Agancy (S)/Multiport Sdn Bhd (PK)
      2,413 words
    • Article
      Aussie unions boycotting Chinese ships
      411 25  -  By making and packaging industries. By Florence Chong i AUSTRALIAN maritime unions are taking industrial action against Chinese ships in protest of the massacre of Chinese students in Beijing. Firemen and deckhands members of the Firemen and Deckhands Union of NSW first imposed a ban.
      411 words
    • Article
      London Freights
      1094 25 LIMITED fixing was reported on the dry cargo freight market on Monday and rates continued to show an easier tendency, brokers said. The calculation of the Baltic Freight Index was delayed due to a local technical fault, but it was expected to be lower with the influential US
      1,094 words
    • Article
      SHIPPING LIST where your ships are due...and when
      13861 32 AARHUS Chun He. China Ocean Shpg, June 2t London Expreee. Triot. June 28(PK). Kutai Dtaaagetri June 21/ July 1 Kaauga 1. Trlot. June 29 Mhiih Tokyo. Meerak Line. June 29 Noraaie Al-Muntazan. Noraala Line. June 30 Ever General Evergreen. June 30 Ming
      13,861 words
    • Article
      Ships in Port
      851 32 AT CONVENTIONAL WHARVES VmmI Voy No Barth Arrival Dapariura Kappal Wlm »ii Anfolol'o GOSNJO Inobutrwo Koto Abodi Koto Mul<o Koto Tiwvr iHOf Mokson N#*» UtOpKJ Trons Hov Tndont Arro Boi Abbot Eostom Gl Eouotof Groc Giii Koto Abodi Ku-Toi Mofu Y Huo Sontono Skulptor Gol Stf Prido
      851 words
    • Article
      Container schedules
      1169 36 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Location GS II CI Al F4 A7 F3 G4 E7 C8 (5 A8 A2 13 A3 FS Ship Voy date/time cargo schedule O* He London E 40W 06 584 2806 89 28 06 89 1600
      1,169 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      30 23 IM A lively way with words Available at all good bookshops Federal Publications For advertising and circulation enquiries, please call Business Times, Tel: *****11, .Fax: 253-2821 Tlx: RS ***** BTAD
      30 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
      291 23 "The Illustrated Encyclopedia of Wildlife" I ortnitfhtl f at all tjOi'J bookshops and news-stands Idhje A >* T STP Distributor* &EL III 1 ■^'liiMW IS* i -•5 Rotterdam connection The "Rotterdam spot market" is actually invisible. It has no trading floor, and you can trade on it from any refining
      291 words
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      71 24 NOTICE rM.V. "ASIAN COSMOS" r VOY. 1 ARRIVED SINGAPORE 17.06.89 "GAFU" VOY. 2 RRIVED SINGAPORE 18.06.89 -Cotislsrnees of all damaKed cargoes ex the captioned vessels are hereby noticed that a General Survey will be held on the 29th June 1989 (Thursday) at Keppel WHarves K 19 respectively frofUi 0900 hours
      71 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1157 25 JARDINE SHIPPING AGENCIES M| \l||ff 200 Cantonment Road #12 OS Southpoint, Singapore 0208 Tel *****11 TELEX ***** Wf CHTaW TERMINAL CfS Td *****18 220 1 CCWQ BOOKINGS Tel *****34 235 Hi PESAKA JARDINE SHIPPING AGENCIES SON BHD ■KVM PORT KELANG TEL *****18 Telei No MA3947/MA***** ■r I. I I;i VPPPHPPJ9
      1,157 words
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      Page 25 Advertisements Column 2
      1387 25 LEXA M MCKINNEY M LEOA M MARIT M LICA M MARCHEN M LEISE M LOUIS M This woe* ie«a M Closing Tim* CV 4n 0400 MRS CFS 3/7 1800 MRS This week M Tokyo Closing Tim* cv 28/6 2300 mrs CFS 28 6 1300 MRS Tht* wee* M Toyko Closing
      1,387 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      842 26 u Hapag-Lloyd rr>MTAINER~SERVICE TO UK/CONTINENT 1 LONDON EXPRESS KA3UGA 1 BONN EXPRESS CAROIGAN BAY BENALDER kurama maru 6EWAVON TOKIO EXPRESS P KELANG SOUTHAMPTON 30/6 18/7 1~ ROTTERDAM HAMBURG BREMERHAVEN ANTWERP 207 22/7 23" 18/7 20/7 W 27/7 29/7 »/7 26/7 28/7 24/7 2/8 *'8 1/8 3/8 31/7 10/8 12/8 13/8
      842 words
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      Page 26 Advertisements Column 2
      570 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE RDM/ADAM HBG MULL (U.K.) TAUSALA SAMOA V-15N 15/7 11It JW CLYDEBANK V26N 14/1 W® TAMAITAI SAMOA VI6N 20/9 17/10 ?1 10 10 aim Acttptirtf FCL to AntwrpjßrwmnjftliMto— i Southampton/BeHast/Ca<h««*urt (ASIA-SOUTH PACIFIC JOINT
      570 words
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      Page 26 Advertisements Column 3
      978 26 I i' rwt L&u WLsIS baSt-LC L REGULAR INDEPENDENT FULL CONTAINER SERVICE )EUROPE pEN (Vl FE JS[ R> siN FLX HAM BRE ROT ANT LEH NORASIA ALMUNTAZAH »14-3 3/6 29J6 30/6 26/7 27/7 21/7 29/7 31/7 NORASIA SUSAN 1915-3 4/7 5/7 7(7 1 8 3 8 4J 5/8 6 6
      978 words
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      Page 27 Advertisements Column 1
      1086 27 1 P&O TOFV Containers CONTAINER SERVICE TO UK/CONTINENT: LONDON IXWKSS KASUGA 1 BONN EXPRISS CARDIGAN BAT BENAIDCR HURAMA BAKU BCNAVON TOKIO IXPttSS PROSPtR Also Accepting Cargo For: Hamburg to Cooenhagtn Aarhin Gothenburg. Malms. Stockholm. Helsinki. Sondsrbu g Rofttnlim to Antwerp, Aimtenlam, Oilo. Bails. Zurich Bremt«hjv«n to Brtnwn Southampton to all
      1,086 words
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      Page 27 Advertisements Column 2
      977 27 T=*.CHO YftNG UNE WESTBOUND HANJIN LEHAVRE 007W QUEEN SWAY BRIDGE 009W CHOYANG PARK 003W HANJIN OAKLAND 003W TRIDENT BOND OC 128 In Port To Buenaventura, Barranquilla/Santa Marta Cartagena Cristobal Santo Domingo Port Au Prince Pto Quetzal Acajutla/San Lorenzo'Corinto Pto Caldera WEEKLY UPHtSS ißUtrtNUtni FAD EAST/EUROPE FULLY CONTAINERISED SERVICE Also accepting
      977 words
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      Page 27 Advertisements Column 3
      330 27 MHai Sun Hup Co (Pte) Ltd] rp L *****06 (20 Lmesi TLX US ***** &RS ***** <6 Si KASTKRN CAR LINKH. LTD. rt IML INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS •Also calls E l. t P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD. SINGAPORE TEL: *****06 SUB AGENTS
      330 words
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      Page 28 Advertisements Column 1
      674 28 tn SI N OSE -4 m MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES in AMI AN SERVICE Singapore Loading for--IRAN TEYFOURI PJL7O7 Eta 8/7 BANDAR ABBAS KYOWA LINE INTRODUCING KYOWA FAST DIRECT B/BULK/CONTAINER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICRONESIA PORTSETA SPORE LOAO FOR 'A VSL (TBN) Mid
      674 words
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      Page 28 Advertisements Column 2
      987 28 HANJIN SHIPPING CO., LTD S -,>s rAINERISEO SFR t E TO EUROPE VIA SUEZ HANJIN It HAVRE 002W QUEEN'S WAY BRIDGE OMW CHOYANG PARK 003W HANJIN OAKLAND 003* LeHjvrt R dwn H buff Bluv*n F»to«w 19/7 20(7 W1 a Z VII w w 2lt 3/8 M W V 9,8 10/8
      987 words
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      Page 28 Advertisements Column 3
      1317 28 EVERGREEN hll Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) PKL SGP HKG KSC KLG PUS MKT OSK TYO BAL LMW ANW Ft* HBG WOI in PI 05/0? 01/0? 0707 10/07 12/07 14/07 17/07 11/01 "S Sfi 0407 0507 12/07 10/07 14/07 17/07 1907 21/07 2407 1808 2804 2908 0109 OHB 1007
      1,317 words
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      Page 29 Advertisements Column 1
      942 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST VESSEL GOWA HAI GUANG MAJAPAHIT VOY SIN jkt 4358 30/6 3/7 13SB 13/7 IS/7 41 SB 26/7 29/7 yok ngo 21/7 22/7 2/( 3/« 18/8 17/6 ACCEPTING MURURAN/TOMAKOMAI/HITACHI CARGO VIA HKG JAKARTA SURABAYA/SEMARANG
      942 words
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      Page 29 Advertisements Column 2
      361 29 \rjt BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT London Envois 20* kjsu*J i Bonn Eiprou ill Cardigan Bay SJ Bonalder 12/7 Kurama Maru 11/7 Bonayon Ml Tokio Eipreit Ki7 Prosper 2*7 Ouka Bay 27/7 Tolaga Bay 2/1 Frmkhrl liprni If EXPRESS CONTAINER SERVICE FROM UK/CONTINENT To'aga Bay SaiU Honffconf
      361 words
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      Page 29 Advertisements Column 3
      369 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYO P.T. 6ESUM LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD express semi cmtainersnip services Singapore ti eiirrpe L J BON TANG IMB S PORE ANTWERP H BU ROAM ADAM BREI 21*1/7 24/7 11/7 (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) IS-11/7 12/1 15 ft
      369 words
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      Page 29 Advertisements Column 4
      375 29 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon HPA-AN VI4OW PAGAN VI43W HTONEYWA VI49W P.Kelang Penang Bangkok THE BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAUSALA SAMOA VISN 15/7 11/8 16/8 20/8 CLYDEBANK V26N 14/8 12/9 18/9 21/9 TAMAITAI SAMOA VI6N
      375 words
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      Page 30 Advertisements Column 1
      1030 30 Kline KAWASAKI KISfcN KAISHA. LID. N. AMERICA-ATLANTIC COAST CjjOCL FORTUNE AMBASSADOR BRIOGE NEPTUNE GARNET OOCL FAIR VIA FEEDER 29/6 6/7 13/7 20/7 OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR VIA FEEDER FEEDER VESSEL OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MACKINAC BRIDGE
      1,030 words
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      Page 30 Advertisements Column 2
      677 30 j AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Singapore P Kelang Penang torMother Vil By Feeder By feeder yu 30 j um FremiKelbfSydn/Adel jy«2 25 July 20 My 20 July Frem/*e«),Sydn/Adef y44 20 Aug 15 Aug 15 Aug Frem/tMb/Sydn/Adel c V 43 14 Sept 9 Sept 9 Sep! Frem,Melb/Sydn/Adel Transit
      677 words
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      Page 30 Advertisements Column 3
      439 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Telot A»er Str««l SINGAPORE 0104 TEL U4HM (10 LINES) Fi. U***** P Kelang Penang GOLDCN HAVEN Cotombo/lUrichi.Dub* CHINA SERVICE DAI TUN SHAN SliangOa. CHINA OCEAN SHIPPING CO., PEKING] THE PEOPLE'S REPUBLIC OF CHINA roc coNVPmoNAt imvicE PKtlang Pen A VESSEL IP TRADE
      439 words
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      Page 30 Advertisements Column 4
      538 30 v« PHILI-ORIENT LINES PTE LTD HEAD OFFICE 108 ROBINSON ROAD =07-00 GMG BUILDING SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 EAST/FAR EAST Fa i LCI SONHCE ETA SINGAPORE JEDDAH (LCL) WEEKLY AQABA HOOEIOAH COLOMBO KARACHI. BOMBAY MADRAS CALCUTTA I MONROVIA. TEMA LOME LAGOS. COTONOU LATTAKIA. BENGHAZI. ALGIER. TRIPOLI. ALEXANDRIA.
      538 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1425 31 m M NEPLINE SOW BHD AseotsSpor. NEPTUNE AGENCIES PTE LTD PKeUng *1-** Njgl x».. T \.3i v mil 1M,, §8 3B! toqu„« Ft [UrAUST TM/sK 22,2022 *****43 K_ :?899" .'B5'S3 ******2 *****44 Vfc—\ *****2 *****19 *****16 't IB Tneptune orient lines ltd (CR NO. *****7 tOOOOE) ——^^M EXPORT TO-EUROPE UK
      1,425 words
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      Page 31 Advertisements Column 2
      962 31 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41 2 Cable Address SINSOV SINGAPORE Telex Numbers RS *****JJS ***** RS ***** SISHAI THONC' P 7^ C^^Str^7 A ni i js? I U,,SU r MM wSTr S r.m SUPBSoii*bhd w
      962 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      332 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. lEI 225 6868 {34 l.nes> fAX *****39 *****76 TREX RS ***** A B SSCMA RS ***** A B SSCAO DSR-LIMES VEB DEUTFRACHT SEEREEDEREI ROSTOCK 41 a INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE SIN ICA ANT OUTBOUND H CEGIELSKI
      332 words
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      Page 32 Advertisements Column 2
      89 32 T.S K. LINE N WEEKLY CONTAINERISED SEAVICt rtITH fIXEO OA? ABRIVAI TS KLINE OFFERS THE FASTEST TRANSIT TIME TO TAIWAN/JAPAN MV. RABUKI V23A ETA SIN 4TH JULY 1959 SPORE -> KAOSHIUNG -> KEELUNG TOKYO SHIMIZU NAGOYA KOBE 4 DAYS 5 DAYS 8 DAYS 9 DAYS 10 DAY 11 DAYS EXPORTS
      89 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      155 32 Regional Weather i£ m I t S 1 x X tf IB SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 A.M. June 28. 1969 Wmd d*ect»on w.th speed m knots LIGINO RT emperoture Thunderstorm Wind d*ect»on with speed m knots Shower Q R<xn Wove height Cloudy Sky vwtft oi« Mtficotrd by
      155 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      688 33 I<» UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 cn a n 3 IJ—mJJ ojjjj j—l «i nn Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE BEL ABBES S PORE LOADING FOR 28/6 ALGER/ORAN/ANNABA/TUNIS [ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift 100 tons available On
      688 words
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      Page 33 Advertisements Column 2
      297 33 (ttatwxttt I in* of EtNofltt) ACCEPTING FCL AND CONVENTIONAL PENyPKG ETA ABBAY WONZ MM* DARESSALAAM MOMBASA CXIIBOUTI VOY 20WB ASSAB MASSAWA MOOEIDAM Other ports along the route workable on inducement. ia KIEN HUNG LINE FULLY CONTAINERISED FORTNIGHTLY LINER SERVICE TO SOUTH AFRICA DURBAN/JOHANNESBURG ACCEPTING BOTH FCL/LCL CARGO ALSO ACCEPTING TO
      297 words
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      Page 33 Advertisements Column 3
      860 33 e SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 v CRYSTAL FREIGHT LtS' SERVICES PTE LTD v TEL: *****88/*****22 HONGKONG/ CHINA 30/6 A 3/7 BANGKOK 29/6 A 3/7 P. KELANG/PENANG 1/7 A 8/7 BUSAN 29/® 4/7 KEELUNG/KAOHSIUNG 2/7 A 9/7 MANILA 3/7 A 7/7 TOKYO/YOKOHAMA 29/6 A 6/7 JAKARTA
      860 words
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      Page 33 Advertisements Column 4
      307 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE TIGER BAY 71N 29/6 6/7 SUSAK 70N 3/7 10/7 OCEAN SINCERITY 15A 9/7 EQUATOR PRIDE 03A 5/7 11/7 I. YAMBURENKO 11SI89 6/7 LEUVE 9107 6/7 11/7 P STAROSTIN AIISIB9 12/7 mu cat 6/7 9/7 20/7 SUSAK 72N LEUVE 9106 TIGER BAY
      307 words
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      Page 33 Advertisements Column 5
      104 33 J&FARGO SHIPPING &g> TeI:SS4 01S2 REGULAR EXPRESS FCL LCL SERVICE CONTAINERLINE ABC TO AUSTRALIA/NEW ZEALAND va. TNT EXWESS 2M E MUDIC m BKUSSCL 231 C. VEWXJK m □i is DATS TO MELBOURNE! TO USA/CANADA Alto accepting cargo to USA Houston. Savannah. Tampa. Jacksonville Wilmington (Del) Norfolk. Baltimore. New York. Boston
      104 words
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      Page 34 Advertisements Column 1
      135 34 GOODWAY LCL ACCEPTANCE TO NOUMEA, FIJI SIN I HKG NOUMEA SUVA 1(1 20/7 22/7 I 5/8 1/9 EXPRESS SAILINGS TO PAPUA NEW GUINEA Tiw PORT MORESBY LAC 4/7 14/7 20/7 GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBAT! NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVLU SIN SUVA VSL: (TBN 0101)
      135 words
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      Page 34 Advertisements Column 2
      676 34 OcerhSeruice PENANG KL: allied-link SINGAPORE: *****722 03-*****55 778 6522(22 unesi Marina Ong Susan Ng/Christina Chiaw Elaina Tao/Esthar Yap CSAV 77T TO/FROFEEDER IS'PORE I MOTHER VESSEL HK TOKO MICA IQQ ANTOfVALP SAI CYE VESSEL CSAV 1 1/7 ONE SKO4J VIW W 1$ CSAV 2 W LIRCAT 1M CSAV 3 no TBN
      676 words
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  • Page 35 Advertisements
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      Page 35 Advertisements Column 1
      658 35 Everett Lines LOADING FOR CALLAO. MATARANI. 110* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. Penang* P Kelang Singapore MURRAYEVERETT 6/8 Jul 9/11 Jul THOMASEVERETT K 27 Jul KAMALEVERETT 6 B Au WgV'EVERETT ORIENT LINE'* JAPAN/BAY OF BENGAL/JAPAN SERVICE LOADING
      658 words
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      Page 35 Advertisements Column 2
      493 35 Z I M FULL CONTAINER SERVICE accepting FCL/LCL cargo" to USA East West Coast CarnbDean East Canada HAITI Costa Rica. El Salva«k>r Guatemala Honduras Venezuela Peru. Ecuattof Colombia via Miami. Trinidad Barbados Antigua St Lucia. Montserrat Guayana via Kingston nmm AUSTRALIA CONTAINER SERVICE ACCEPTING CARGO TO ADELAIDE VIA MELBOURNE AND
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      Page 35 Advertisements Column 3
      549 35 SING KWANG HANG •HWFWQ A TRANSPORTATION (TIC) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 1 JULY MANILA 10 JULY HONG KONG. ALL CHINA PORTS 30 JUNE KEELUNG. KAOHSIUNG 2 JUNE BUSAN 29 JUNE TOKYO. KOBE 4 JUNE CHITTAGONG 29 JUNE DUBAI 1 JULY SYDNEY, MELBOURNE 30 JULY ROTTERDAM
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      Page 35 Advertisements Column 4
      444 35 WEEKLY PULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA SINGAPORE ETA ETD JAKARTA ETA ETD General Agents: ASIA PERINTIS LINES PTE LTD 80 Anson Road IBM Towers Singapore 0206 Tel *****33 Tlx ***** A/B PTASIA FAX *****53 CR NO **********0 C (P«rt*ct China Ocmmn Sh'pptng Lines)
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      Page 35 Advertisements Column 5
      441 35 PTC CONTAINER LINES FCL ICI SERVICE IN FAR EAST 2/7 KEELUNG/KAOHSIUNG 3/7 BANGKOK 3/7 MANILA 8/7 JAKARTA 8/7 PORT KELANG/PENANG 4/7 BUSAN 4/7 TOKYO/YOKO/KOBE 4/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai JIN EUROPE/UK 8/7 LDN/FLX/LVP/SOU 8/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations SIN USA/CANADA
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      474 36 Vj WAN HAI LINES WEEKLY CONTAINERISED SERVICE EXPORTS TO FAR EAST KAO KEE Tl CHUN V 2 WAN CHUN IMPORTS FROM FAR EAST INBOUND Yl CHUN V 199 WAN CHUN *227 KAI SHUN V 162 Yl CHUN V2OO m JartVies JARDINE SHIPPING AGENCIES 200 Cantonment Road, #12 05 Southpo«nt. Singapore
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      Page 36 Advertisements Column 2
      718 36 JE CONTAINER LINE TEL: *****59 FAX *****83 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PORT KELANG PENANG BANGKOK HONG KONG CHINA KAOHSIUNG KEELUNG IP t 1/7 1/76 *P m A *n 3/7 4 1/7 J/7 4 1/7 2/74 1/7 2/7 4 1/7 SRI LANKA I INDIA NEW
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      Page 36 Advertisements Column 3
      575 36 IQT Mitsui OS K. Lines .Ltd 4k FULL CONTAINER UK/CONTINENT (TRIO) IS port PKalw* I S tan H buff B ha«an *da«i La Alm A«ap<in( Cargo Far to Copmhafati Ajrhw. Gottwnturi. Malm. Stock ho. w to Antoorp Amtortem Olio Stockholm Halunt, Atuc ]Jz h™ i»7 an vn w >•»" "Sow
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