The Business Times, 29 June 1989

Microfilm: NL16652
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, JUNE 29, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    242 1 Dow Jones lower THE US stock market yielded ground yesterday morning, weighed down by a rise in interest rates and economic uncertainties. The Dow Jones average dropped 7.97 points to 2,518.40 in the first hour of trading. yyp Footsie up LONDON EQUITIES stood close to their post-Crash
    242 words
  • Article, Illustration
    Uno scandal takes its toll in Tokyo
    236 1 THE growing controversy surrounding Japanese Prime Minister Sousuke Uno's liaisons with a former geisha rocked the Tokyo market yesterday, while share prices in Singapore and Hongkong closed firmer. The Nikkei Index dropped 223.61 points to 33,245.60 as investors reacted to rumours of the
    236 words
  • Article
    US dollar closes stronger in Asia
    102 1 THE US DOLLAR yesterday closed higher against major currencies in Asia's foreign exchanges amid political rumours in Japan and bullish sentiments about the greenback. Despite repeated intervention by the Bank of Japan, the yen was undermined by widespread media reports that Japanese Prime Minister
    102 words
  • Article, Illustration
    Northbourne's bid hangs in the balance
    443 1  -  By ROSIE TAN AUSTRALIAN-OWNED Northbourne Developments' highest bid of $165 million for the Singapore Tourist Promotion Board's Tanglin site could be in jeopardy. A note on STPB's notice board said Northbourne's banker's guarantees were invalid. STPB declined to give details yesterday, saying the board
    443 words
  • Article
    Inno-Pac close to US$100m poultry tie-up in China
    521 1  -  PROJECT TO SET UP LARGE-SCALE CHICKEN FARMS By JOHN TAN LISTED Inno-Pacific Holdings, with already a stake in poultry farming in China, is close to finalising a massive poultry project worth more than US$lOO million with the Chinese government. The company, which
    521 words
  • Article
    Best growth potential offshore: MAS
    509 1  -  By HONG LEE TIAM SINGAPORE'S financial institutions, which generated profits worth $2.5 billion last year, were told by a senior central banker last night that the offshore market provides the greatest potential for further growth. Mr J Y Pillay, the managing director of the Monetary
    509 words
  • Article
    Lock icon Biggest drop in US leading indicators since '87 Crash
    229 1 AP THE US government's chief economic forecasting gauge plunged 1.2 per cent in May, the biggest decline since the stockmarket crash in late 1987, the Commerce Department reported yesterday. The decline in the index of leading economic indicators was the third
    AP  -  229 words
  • Article, Illustration
    Lock icon Expenditure under Fifth Malaysia Plan to rise by M$1.7b
    584 1 AFP, AP, Bernama THE MALAYSIAN government announced yesterday that it would raise spending under the Fifth Malaysia Plan by MSI.7 billion. In a mid-term review of the Plan sent to Parliament yesterday. the Economic Planning Unit said that expenditures should reach
    AFP,; AP,; Bernama  -  584 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      136 1 Burberrys* "tco >. xw_> C/ < LEJfS^ Reigns when it pours GREAT WOK AND 5R HCW SMALL COMBINES TURN IDEAS INTO REALITY As the Small Industries Finance Scheme (SIFS) specialists, Great Pacific Finance can help small companies get big ideas off the ground. In fact, we've built our reputation by
      136 words
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      Page 1 Advertisements Column 2
      210 1 Full report, PAGE 16 Regional mkts, PAGE 18 World mkts, PAGE 19 Editorial Comment: 10 Towards an acceptable levy Coutts Co 10 Banking on what it does best Italian finance 10 Cuccia: wizard under a cloud Hewlett-Packard 2 Inkjet printer for Macintosh S'pore Food Industrie* 2 Opening Sunday foodmart Monetary
      210 words
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      Page 1 Advertisements Column 3
      99 1 Advertising and Marketing The young Singaporean who's set to win the hearts of fastidious Japanese consumers with his commercials. Why stockbroking firms are fighting shy of advertising PAGE 3 Quiet Civilised With a touch of Urban unrest. So distinctive. Fashioned b Meiwani. r.. .1•V A J r V *VM v
      99 words
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      Page 1 Advertisements Column 4
      12 1 TOTAL TRANSPORTATION SERVICES 50" tel: 265-3833 CROWN PACIFIC S— FOCUS, PAGE 11
      12 words
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  • HOME NEWS
    • Article, Illustration
      Hewlett-Packard launches inkjet printer for Macintosh
      518 2  -  Production based in Singapore By JEFFREY TSANG ALREADY the world s largest supplier of peripheral devices for personal computers, HewlettPackard is now eyeing the Apple Macintosh market, and the move spells big bucks for Singapore since production of what will be HP's most popular
      518 words
    • Article
      Speedpost reaches out
      77 2 FROM SATURDAY, the speedpost service offered by Singapore Telecom will cover 12 more cities in India and five more places in Italy. The 12 Indian cities that can be reached in addition to the 14 now accessible by speedpost are Allahabad, Alwaye, Goa, Jammu, Kanchipuram, Meerut, Pondicherry,
      77 words
    • Article
      Keeping up with medical laser technology
      228 2 LOCAL DOCTORS will now be able to keep abreast of the latest developments in medical laser technology with the opening of the Asia Oceania Medical Laser Centre. The need for such a centre, which is located at the Thomson Medical Centre (TMC), was first
      228 words
    • Article
      Diners Club starts security tag service
      227 2 CHARGE CARD issuer Diners Club has launched a new service designed to improve its members' chances of recovering lost personal items. The new service, which is offered through a tie-up with Singapore Telecom, comes in the form of security tags which can be attached
      227 words
    • Article
      Corrections and clarifications
      106 2 THE Ministry of National Development (MND) has clarified a point in a BT table which accompanied the report titled "Development charge: government refines proposal'' in yesterday's paper. The table had indicated that the deferred payment system "may be considered". The MND has pointed out that at Tuesday
      106 words
    • Article
      SFI to open a Sunday WalMart-style foodmart
      494 2  -  By ANNA TEO SINGAPORE Food Industries has decided to put spare capacity on Sundays to good use by opening a wholesale foodmart styled, it says, after the American WalMart discount house concept. Every Sunday, starting this weekend, the SFI premises at Pandan Loop
      494 words
    • Article
      STPB and SIA wooing Korean tourists
      355 2  -  By SANGEETA MULCHAND SINGAPORE is eyeing Korean honeymooners and Korean students who want to bone up on their English as overseas travel is liberalised by that country. These two groups, among others, will be wooed by the Singapore Tourist Promotion Board (STPB) in a
      355 words
    • Article
      PSA signs berthing pacts with two lines
      146 2 THE PORT Of Singapore Authority (PSA) yesterday signed Appropriated Berth Agreements with Pacific International Lines (PIL) and Regional Container Lines (RCL). PSA executive director Ng Kiat Chong signed the agreements with Y C Chang, PIL chairman and managing director, and Tanthuwanit Sumate, managing
      146 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      356 2 Genius is 1% inspiration and 99% Hewlett-Packard. I#s® MM f*\ :-V wmmmmmm ipS2 A,. < •'V o j 'fhM mt, r STO SCL CLEAR DATA Input A V OfT CLR ON MATH MOOES PRINTER MAIN y DSP P^T E 1 /x /x LAST SHOW M€M k M ?<- V"J •<"
      356 words
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  • ADVERTISING & MARKETING
    • Article
      Bulls and bears pull better when it comes to attracting investors
      406 3  -  STOCKBROKING INDUSTRY FIGHTS SHY OF ADVERTISING By JOCELYN TOH ADVERTISING, in the eyes of the stockbroking industry, is no match for the bulls and the bears when it comes to attracting investors to use the services offered by brokers.
      406 words
    • Article
      Amex all set to give Incentive travel a big boost
      255 3  -  By GENEVIEVE CUA AMERICAN EXPRESS (Amex), a leader in Singapore's business travel sector. is beefing up its incentive travel promotions to capture a bigger share of the growing market. The growth in incentive travel reflects Singapore's buoyant economy, said Mr
      255 words
    • Article
      Navy ad nets silver for Saatchi in New York
      166 3 PAINTING the navy as several leagues away from a pencil-pushing career has won advertising agency Saatchi Saatchi a silver in the International Advertising Festival of New York. The full-page ad for the Republic of Singapore Navy was part of a series
      166 words
    • Article, Illustration
      Leo Burnett going all out to capture Japanese market
      450 3  -  By SUZANNE SOH LEO BURNETT is going all out to capture the big-spending Japanese consumer, who is getting younger and more Westernised. Japan is seen as a lucrative market where production budgets average at U*****,000 to US$l million for each commercial.
      450 words
    • Article
      Local creative director set to win hearts of Japanese
      300 3 A YOUNG SINGAPOREAN is set to win the hearts of fastidious Japanese consumers with his commercials and, at the same time, make Singapore proud. Mr Sng Tong Beng is achieving this through his high pressure job as creative director of advertising
      300 words
    • Article, Illustration
      Asiawide Investment goes prime time in media blitz
      278 3  -  By SANGEETA MULCHAND REAL ESTATE has ventured out of trade magazines and signboards onto prime air time. Asiawide Investment Group is on a $300,000 advertising and promotion blitz to build up "a reputation on television". During the six-week campaign, graphic animations featuring
      278 words
    • Article
      Du Pont doing market research in Asia
      216 3 AMERICAN chemicals giant Du Pont is conducting a market research study in Singapore which may form the basis of its first corporate media campaign planned for next year. The comprehensive study covers a number of Asian countries, including Thailand, Hongkong, China, Korea and
      216 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      60 3 ERRATUM On May 23rd 1989, we ran an advertisement which incorrectly stated that Motorola offers a two year warranty on the AH 40 portable phone, as distributed by Singapore Telecom. In fact, Motorola and Singapore Telecom have a standard warranty period of one year only. We hope you accept our
      60 words
    • Advertisement
      Page 3 Advertisements Column 2
      58 3 VG dEllfeP 9 i H swill K t m h r'i £*^tW :ch made for those whose targets aren't always found on sales charts* A V mV f W!w' W*>- i v *yjifc i. WELLT-1M K SINGAPORE PTE LTD SOLE AOCMT: Kj *****06 Chew CrteonQ Wrtch CwH T* *****97 •T«
      58 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    657 4 ARRIVALS DEPARTURES Operator Service Local From number time Operator Service number Local time For SU SU THA GIA SIA THA CPA MAS GIA MAS MAS AUC SIA AfL UTA TRY SIA SIA SIA SIA GIA GiA MAS SU SIA ROT PAL SIA SIA iAL MAS Of A
    657 words
  • ASIA-PACIFIC
    • Article
      Lock icon Uno denies reports that he is quitting over new sex scandal
      617 4 ANALYSTS PREDICT NUMBERED DAYS FOR PREMIER Agencies JAPANESE Prime Minister Sosuke Uno vehemently denied yesterday widespread press reports that he planned to resign over involvement in a new sex scandal, but political analysts said his days were numbered "It's
      Agencies  -  617 words
    • Article
      Lock icon Japan the top foreign investor in US
      352 4 UPI THE JAPANESE leapfrogged the British and became by far the largest foreign direct investors in the United States in 1987 with almost US$2OO billion in assets, the Commerce Department reported on Tuesday. A benchmark study by the department's Bureau of Economic Analysis
      UPI  -  352 words
    • Article
      Lock icon Kuwait to spend more and cut deficit
      106 4 Reuter KUWAIT, unveiling a new budget on Tuesday, said a sharp rise in projected oil income would allow it to boost spending and cut its deficit during the next 12 months. A Cabinet statement carried by the Kuwait news agency KUNA said the
      Reuter  -  106 words
    • Article
      Lock icon Inflation in Vietnam drops to a monthly 5pc
      310 4 AFP INFLATION in Vietnam dropped to a monthly 5 per cent in both May and June, government sources said in Hanoi on Tuesday. Official statistics put the country's inflation rate at 35.6 per cent for the first six months of this year.
      AFP  -  310 words
    • Article
      Lock icon Bush and Hawke agree to take dispute over farm export subsidies to Gatt
      367 4 AFP PRESIDENT George Bush and Australian Prime Minister Bob Hawke agreed on Tuesday to take their countries' dispute over agricultural subsidies to the General Agreement on Tariffs and Trade (Gatt), a senior US official said. In an
      AFP  -  367 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      309 4 The butinen pcnoa'i choia emy Tuesday. Thurtday, Saturday and Sunday. Leaving Chingi Airport at 12:05 houn and arriving Heathrow early the following morning. Call your Travel Agent or Air Cauda at 7Jii555. A BREATH OF FRESH AIR of top line printer features? Now you don't have to' Prinler versali,il y
      309 words
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  • REST OF THE WORLD
    • Article
      Lock icon Gatt seeking curbs on voluntary trade restraints
      425 5 NYT TRADE NEGOTIATORS in Geneva are considering a compromise proposal aimed at ending the voluntary restraint agreements that many nations, including the US, use to protect their industries against an unexpected surge in imports. The proposal by the chairman of a negotiating group
      NYT  -  425 words
    • Article
      Lock icon Major developed nations experiencing higher inflation
      426 5 AP INFLATION has been rising for over a year in the world's major industrial countries, according to figures compiled by the US Central Intelligence Agency (CIA). Prices for consumers rose at an increased rate last year over the year before in the United States,
      AP  -  426 words
    • Article
      Lock icon Grosz wants to quit as Hungary's party leader
      295 5 AP HUNGARIAN Communist Party leader Karoly Grosz, his power severely curbed after the formation of a four-man collective leadership, said in an interview published on Tuesday that he wanted to quit. Interviewed by Mai Nap, an independent afternoon daily, at the party
      AP  -  295 words
    • Article
      Lock icon US House panel rejects Cheney's Star Wars budget
      315 5 AP THE US House Armed Services Committee on Tuesday rejected Defence Secretary Dick Cheney's proposed US$4 6 billion for "Star Wars" in the fiscal 1990 budget. Instead, the panel opted to accept its research and development subcommittee's figure of US$3.5 billion for
      AP  -  315 words
    • Article, Illustration
      Lock icon Monetary union: EC faces long running battle Monetary union: EC faces long running battle
      514 5 AFP, Reuter IF THE Economic Community (EC) set a course, as its leaders officially declared, towards economic and monetary union, the voyage got off to a rocky start and with early signs of crew problems. The
      AFP,; Reuter  -  514 words
    • Article
      Lock icon Thatcher giving little ground: analysts
      219 5 AFP BRITISH Prime Minister Margaret Thatcher, despite a pledge eventually to bring the British pound into the European Monetary System's exchange-rate mechanism, ceded little ground at a European Community summit meeting in Madrid, London analysts said on Tuesday. Lan Harwood, an analyst with the British
      AFP  -  219 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      371 5 higher returns without suffering some of the consequences. IK I 1 Shenton Income Fund. If you are looking for better I it fcSjjL. wa y S 0 f investing your funds for income, !imst.WA\lHn NHS I look no further Shenton Income Fund has been achieving returns higher than the 12-month
      371 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      127 5 Vmm v//'H Max/ Min (°C) 15/02 23/12 33/20 14/06 38/30 33/25 31/25 34/20 una* una* 30/15 31/24 27/21 21/12 24/08 27/16 16/09 < 34/22 24/08 12/01 < 26/18 I 33/18 27/17 31/21 18/09 29/18 30/15 30/21 unav 12/03 31/27 31/21 39/24 30/19 33/24 25/15 15/03 28/17 33/24 19/14 26/17 19/12
      127 words
    • Miscellaneous
      Page 5 Miscellaneous Column 2
      82 5 Doonesbury J'jtfAND SO MANY pretty STARS! LOOK, THERE'SBUJ CONVY! AND... OUT OH, W 600... PWIPB*BNNe*i OK M i ►r, K MAN, IHAVBN7 SON THIS MANY BGNAMESHERE SINCE THE 1986 PLAYMATE OLYMPICS! may ue HA/E YOUR. ATTENTION, PLEASE* m r \1 X BY GARRY TRUDEAU OUr OF RESPECT FOR, THE SANCTITY
      82 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1550 6 SINGAPORE: WIDESPREAD buying inter- 7 est from investors helped the US dollar rise against most currencies yesterday but it closed below the c day's highs on late profittaking. Dealers said the Bank of Japan made several rounds of dollar-selling intervention but the dollar remained well bid. "Players want
      1,550 words
    • Article, Illustration
      World interest rates
      188 6 Indicates th« avaraga of tha prima landing rates of 12 ma (or banka In S'pora Interbank market rates (offer/bid) on June 28 us$ DM SWFC Y«fl 7 day* 3 mih 6 12 mtfe 9 9/16 7/16 9I/J-9 3/« 9 3/1-9 1/4 9 3/16 1/16 9 1/16 IS/16
      188 words
    • Article
      IMM
      246 6 IMM CURRENCY futures ended the day mostly lower on Tuesday after the yen tumbled and pulled most other contracts lower along with it. Rumours of an imminent resignation by Japanese Prime Minister Uno depressed the Japanese currency as traders grew concerned that another scandal would erode the currency's value.
      246 words
    • Article
      Lock icon Simex
      442 6 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened 4 ticks higher than previous Simex close at 90.30 on bullis sentiments following news report that Fed s chairman Alan Greenspan considered monetary policy too tight Prices continued to edge higher at 91 36 on a» ,rm dollar The September contract finally
      BA Futures  -  442 words
    • Article
      Lock icon Tokyo to allow investors to trade foreign futures
      172 6 Reuter THE JAPANESE Finance Ministry will let banks, securities houses, investment trust management firms, money houses and foreign futures brokers in Tokyo trade financial and securities futures listed on overseas futures exchanges on behalf of clients from June 30, a ministry official
      Reuter  -  172 words
    • Article
      Government Securities Market
      102 6 Treasury bills Day's Period Issue Yesterday's dosing code Maturity BIO OffER HIGH LOW 3 months BQ*****T 28.09.89 4.09 4.04 4.19 4.04 6 month! BS*****H 23.11.89 4.08 4.03 1 yeor BY*****F 24.05.90 4.25 4.20 4.23 4.23 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      102 words
    • Article
      Options
      1247 6 CURRENCY FUTURES OPTIONS Wednesday, June 28, 1989 DEUTSCHE MARK (SIMEX) 52 53 54 Sop 88 call* tgh Low S o« Sop High IS puts Low So« 158 227 306 Wednesday, June 28, 1989 JAPANESE YEN (SIMEX) 7* Sop *8 coM High Low Son Sop High 88 puts Low Son
      1,247 words
    • Article
      Money markets
      52 6 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: OffM no <*&> 5 1/4 5 1/8 I -monlti 5 5/16 5 3/16 2-month 5 3/8 5 1/4 3-nonrti 5 3/8 5 1/4 Overnight
      52 words
    • Article
      Lock icon UK bullion body to launch Libor rates tor gold
      105 6 Reuter THE LONDON Bullion Market Association (LBMA) is to launch and publish London interbank offered interest rates for forward gold trading from July to, LBMA Committee member Keith Smith said. The rates will be published on Reuter screens and in the
      Reuter  -  105 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      107 6 MOSCOW NAROONY BANK LIMITED Singapore Branch t0 s m U5530,000,000 NEGOTIABLE FLOATING RATE US DOtLAR CERTIFICATES OF DEPOSIT DUE DECEMBER 30,1991 In accordance with the provisions of the certificates, notice is hereby given that for the interest for the period from June 29, 1989 to December 29, 1989, the certificates
      107 words
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  • BANKING AND FINANCE
    • Article
      Lock icon M'sian banking bill proposed to instil public confidence
      552 7 Bernama A BANKING and Financial Institutions Bill has been proposed in Malaysia to instil public confidence in bank operations. Dr Fong Chan Onn, head of the applied economics division of Universiti Malaya, agreed that it is necessary for the proposed bill to
      Bernama  -  552 words
    • Article, Illustration
      Lock icon N-S Expressway project to be financed domestically
      441 7 MBT MALAYSIA'S PROJEK Lebuhraya Utar-a-Selatan (PLUS) will be obtaining all its commercial financing needs for its North-South Expressway project from the domestic market. It is understood that a syndicated term loan of about Ms2.l billion, easily the biggest ever in the local banking
      MBT  -  441 words
    • Article
      Lock icon Comex decision on electronic trading by end of the year
      100 7 Reuter COMEX, the US futures market that trades base and precious metals, will decide by the end of the year on participating in electronic trading, Chairman John Hanemann told the Financial Times World Gold Conference in Lugano, Switzerland. For most
      Reuter  -  100 words
    • Article
      Comex gold/silver futures
      169 7 Gold futures on June 27, 1989 100 troy ounces. USS per troy ounce Op«n High Low iun ***** 377 80 376.00 376.60 1.50 Jul 377 60 150 Aug 378.50 381.80 378.10 379.80 1.50 Oct 382.30 385.00 382.20 383.90 1.50 Dec 386.60 390 00 386.60 388.10 1.50 Feb
      169 words
    • Article
      Lock icon Asian dollar market
      259 7 Reuter ASIAN dollar deposit rates closed at their opening levels yesterday in quiet trade. Short-dates were steady at the outset and remained unchanged subsequently Wednesday/Thursday and Thursday/Friday closed at 9-5/8 9-1/2 pet each and week-fixed at 9-9/16 9-7/16 pet. Term rates ended at earlier levels of 9-9/16
      Reuter  -  259 words
    • Article
      Lock icon US commercial banks may have to increase reserves significantly
      281 7 FT FURTHER Significant increases in US commercial banks' reserves will be required unless agreements are reached quickly with Third World debtors, a senior official of the US Federal Reserve warned on Tuesday Mr William Taylor, the Fed's chief banking supervisor, told
      FT  -  281 words
    • Article
      FAI Insurances to tap US$100m locally
      246 7  -  By HONG LEE TIAM FAI INSURANCES Ltd. the only Australian company quoted on the Stock Exchange of Singapore. is raising US$lOO million through a transferable loan facility here. An official of a local merchant bank, Singapore International Merchant Bankers Ltd (Simbl), confirmed yesterday that
      246 words
    • Article
      Insurance against insolvency of SFCI members
      288 7  -  By QUAK HIANG WHAI THE SINGAPORE Federation of the Computer Industry (SFCI) yesterday adopted a new insurance scheme which will protect clients against insolvency of its member companies. The new insurance scheme will guarantee the fulfilment of contractual agreements by any SFCI member But
      288 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      229 7 First Time Ever In Singapore INVITATION To A Presentation by Adobe. Marking its first time ever in SE Asia, Adobe will be conducting a presentation in Singapore specially brought to you by NEC. Adobe is a pioneer in the field of Desktop Publishing (D.T. and is responsible for the development
      229 words
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  • COMMODITIES
    • Article
      Lock icon Rubber faces brighter prospects: MRELB
      370 8 Bernama THE MALAYSIAN Rubber Exchange and Licensing Board (MRELB) said although the horizon for natural rubber (NR) remains cloudy, the chances of a reverse trend in the coming months are much brighter now. In its latest rubber review released on Tuesday, the board said NR
      Bernama  -  370 words
    • Article
      Lock icon Seoul boost for KL palm oil exports
      321 8 Bernama PALM OIL exports to South Korea are expected to increase tremendously following the relaxation of import duties on Malaysian palm oil, the director-gen-eral of the Palm Oil Registration and Licensing Authority (Porla), Rahim Zain. said. Speaking at a press conference in Kuala
      Bernama  -  321 words
    • Article
      Lock icon Wheat
      210 8 Reuter CHICAGO Board of Trade wheat futures made a strong finish on Tuesday, closing higher on persistent talk of foreign purchases and tight supplies due to a late harvest. Prices leapt from the opening call and held their gains throughout the session on widespread market talk that the Soviet
      Reuter  -  210 words
    • Article
      Palm Oil
      554 8 MALAYSIAN CRUDE PALM OIL prices closed little changed yesterday after being locked in a tight range as operators remained unwilling to take positions amid uncertainty over the market's direction, dealers said. A steadier palm oil futures close after talk that Pakistan would tender for RBD palm oil for
      554 words
    • Article
      Precious Metals
      437 8 HONGKONG: GOLD closed at the day's low yesterday after moderate afternoon trading on selling by Japanese and Australian traders in the latest session due to a firmer US dollar tone, dealers said They said Japan's political uncertainty had little impact on the metal, but traders were watching the
      437 words
    • Article
      Lock icon Crude Oil and Products
      154 8 Telerate FUEL OIL prices are fairly flat in the Singapore market. Sell prices for July CST-180 still hover around $90 mt fob/Sing while serious buyers were notionally pegged at $85-86 mt. Two independents were the front runners in a Thai purchase tender for 30,000 mt with
      Telerate  -  154 words
    • Article
      Lock icon Soybean
      137 8 Reuter CHICAGO Board of Trade soybean futures closed higher across the board on Tuesday as the market staged a recovery from Monday's weather-related losses. Concern that Brazil's farmers are holding onto their soybeans was also cited as a bullish factor, but reports the Brazilian authorities are opening some roads
      Reuter  -  137 words
    • Article
      Lock icon KL Tin
      186 8 Reuter ALL-ROUND buying demand helped the Kuala Lumpur Tin Market (KLTM) gain eight cents yesterday to 26.57 rlnggH a kg. Renewed Japanese presence together wtth Increased Europeen and local participation pushed the price up after opening bids of 160 tonnes •gainst oilers ot 63, they said. "The price
      Reuter  -  186 words
    • Article
      Produce Prices
      195 8 Chinese Produce Exchange Sellers' noon doting prices on June 28 (SS/100 kg) Coconut oil Bulk FOB 105.00 Old drum FOB 115.00 New drum FOB 119.00 Copra Mixed (loose) 61.00 sellers Pepper nftUniOH wnii® FOB NtW 507.50 Sarawak whit* FOB toq NIW 497.50 Sarawak special black FOB NIW 380.00
      195 words
    • Article
      London Markets
      137 8 Aug/Sep Oct/Nov 555sir M'lion palm kernel oil 5V4pc OF Rotterdam Jul/Aug Aug/Sep Sep/Oct 480pd Jul/Aug Oct /Nov 480slr London Metal Exchange Afternoon session closing tone and prices on June 27 (£/tonne). Previous dosing 1 a total sales in parenthesis Copper Grade A Cash 1596/1597 (1630/1632) 3-months 1580/1581 (1617/1618)
      137 words
    • Article
      Lock icon Rubber
      381 8 Reuter SINGAPORE: Rubber prices closed little changed yesterday with July 1 RSS buyer quoted at 179.00 cents a kg, unchanged from Tuesday's close. Dealers said prices fluctuated within narrow ranges in very quiet afternoon trading due to a lack of fresh factors. On the TSR-20 Award market, prices closed
      Reuter  -  381 words
    • Article
      SSR and SMR
      80 8 (c««w/kfl) JUtY 1989 AUGUST 1989 (currant month) (forward month) RAS NOON NOON luycrt S*H*n M SSR 20 149.50 1S1.50N 149.50 151 JON sse 30 147 JO 149 JON 147 JO 149 JON MRELB kytn S«*en tuyn Sdtn SMR CV 240.50 242J0N 242.50 244JON SMR I 242.50 244.50N
      80 words
    • Article
      RAS and MRELB
      277 8 RAS prices in S cmMq, FOB In batM 1 NOON CLOSE Buyers Sellers Buy*rs Sellers Im 1 RSS Prompt 180.00 181.00 180.50 181 JON kit 1 RSS July 89 178.50 179.50 179.00 180.00N Int 1 RSS Aug 181.50 182.50 182.00 183.00N Int 2 RSS OP 177.50 179.50N
      277 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Tokyo military steps up drive to cut reliance on US technology
      1517 9  -  By DAVID SANGER NYT STUNG by US congressional re- s luctance to share American weapons technology for a new g advanced jet fighter, the Japa- ti nese military is quietly preparing c to develop highly-sophisticated u weapons by itself
      NYT  -  1,517 words
    • Article
      Lock icon Japanese firms bank on East Asia
      801 9  -  Thanks to the strong yen, East Asia is experiencing a boost in investment from small and medium-sized Japanese enterprises. And this boom has been directed more towards China and Asean nations rather than the Asian NICs. yoshiko MORI reports. YOSHIKO MORI Reuter THE small
      Reuter  -  801 words
    • Article, Illustration
      Lock icon Gloom amid the boom
      839 9 South Koreans think economy is in trouble FT A GROWTH RATE of 7.5 per r cent and a current account sur- p plus of US$B billion would be t cause in any country to bring i out the champagne and pro- mote the finance minister, al-
      FT  -  839 words
    • Article
      Towards an acceptable levy
      530 10 THE development charge debate is a classical example of how good intentions can be thrown off course by bad execution. When the Ministry of National Development announced a new version of the system in May, it was undoubtedly trying to help the private sector more accurately
      530 words
    • Article
      Lock icon Fuel efficiency takes a back seat in oil guzzling economies
      673 10 WORLD ENERGY DEMAND SOARS Reuter WORLD ENERGY DEMAND is soaring even as ecologists plead for an international effort to use less. Worried about a threatened atmospheric warming, the World Environment Commission says a campaign to burn fuel more efficiently is
      Reuter  -  673 words
    • Article, Illustration
      Coutts banks on what it does best
      1657 10  -  Monarchs of the land, captains of industry, rock stars of the music world Coutts counts them all among its moneyed clients. Quirky, discreet and exclusive, the well-known British bank is banking on the thoroughness ot its personal service to keep its niche in
      1,657 words
    • Article
      Lock icon Italian financial wizard under a cloud
      1118 10  -  Enrico Cuccia, financial wizard and 'puppet-master of Italian finance', was recently indicted on criminal charges. As honorary chairman and former managing director of Medicobanca, Italy's top merchant bank, Cuccia wielded enormous power. ALAN FRIEDMAN gives the background. ALAN FRIEDMAN FT EACH MORNING, just before
      FT  -  1,118 words
  • Page 9 Advertisements
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      53 9 ROLF BENZ Always a prestige to own "Our taste is simple. I Weilikeip have only thJBM9"f I 1 < i la K3l if H St a 6 i j=Hhr=:i a m K THE WINNER Exclusively at #02-17 Shaw Centre 1 Scotts Road Tel *****11 Sole Agents lex Singapore Malaysia Brunei
      53 words
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  • FOCUS
    • Article
      Lock icon NEP to be extended beyond target date
      667 11 RESTRUCTURING Bernama SHORTFALLS in the goals of restructuring society with the New Economic Policy (NEP) call for the implementation of the programmes to be extended beyond the target date of 1990. According to the Fifth Malaysia Plan mid-term review tabled in the Dewan
      Bernama  -  667 words
    • Article
      Lock icon Growth of 7pc, 10,000 jobs seen
      483 11 FINANCE Bernama THE FINANCE SECTOR is expected to grow 7 per cent and generate 10,000 new jobs for the remaining two years of 1989-1900 of the Fifth Malaysia Plan. The FMP mid-term review, released by the Economic Planning Unit, said the sector is expected
      Bernama  -  483 words
    • Article, Illustration
      Lock icon M'sia expects 5.8pc growth
      733 11 Bernama MALAYSIA HAS shrugged off one of the worst recessions and can now expect an average annual growth of 5.8 per cent from 1986 to 1990, surpassing the 5.0 per cent target of the Fifth Malaysia Plan. The FMP mid-term review tabled at the parliament said
      Bernama  -  733 words
    • Article
      Lock icon Hefty 12.7pc growth from 1986 to 1989
      550 11 MANUFACTURING Bernama MALAYSIA'S manufacturing sector has emerged as the star per-f former, posting a hefty output growth of 12.7 per cent per annum during the 1986 to 1968 period. surpassing the 6.4 per cent target of the Fifth Malaysia Plan. The FMP mid-term
      Bernama  -  550 words
    • Article
      Lock icon Innovative thinking evident
      451 11 PRIVATISATION Bernama THE MALAYSIAN government has saved M 54,930 million of capital expenditure and received Ms7o4 million as revenue proceeds from sale under its privatisation programme. The mid-term review of the Fifth Malaysia Plan says privatisation also led to a reduction of about 30,900 government employees. The
      Bernama  -  451 words
  • Page 11 Advertisements
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      60 11 INSIGHTS INTO ALLTHING i FREE ISSUE: Count me IN. i I want to see the inspired new focus of 1 Intersect. I I Send me a free copy of the July issue (while stocks last). i 1 rnone I ID No PHP International. 15 Beach Road #05-02 Beach Centre. Sinfapore
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  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      52 11 ALL HfMLTHC THIRTY FIRST OF nRy Fo«? this ec. DflttD eu-tdTDRy Twve BuViMG CieRKS OUM PPOTROH PSN toMP\T MC so* Ris- of ep>Ruy,Gße.£T r^e D€3ZORP*"TtOHS UJtU- 6C wOfr* ftanlr PirEmfi &G, DfW SPvToRDftV I [P* BOViNG CLCRK £ND YOU DONf KNOUJ MWID CLUcrr 9>MP\me o* >fo sußeuy wou ve nep\&i
      52 words
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  • LEISURE
    • Article, Illustration
      Lock icon Ashkenazy to play in USSR after 26 years
      295 12 MUSIC Reuter SOVIET-BORN PIANIST Vladimir Ashkenazy will visit Moscow in November for the first time since settling in the West 26 years ago, the Soviet embassy in London announced on Tuesday. Ashkenazy, recognised as One of the world's greatest concert pianists and
      Reuter  -  295 words
    • Article
      Lock icon Controversy over Dead Sea Scrolls comes alive
      646 12 ARCHAEOLOGY AP A SMOULDERING controversy among Bible scholars has burst into the open over the long delay in publishing the rest of the Dead Sea Scrolls. Although the first-century manuscripts were found 42 years ago, fewer than half have been published, and some
      AP  -  646 words
    • Article, Illustration
      Lock icon Lone remains the quintessential loner
      834 13 PERSONALITIES Reuter HONGKONG-BORN movie star John Lone's return to the British colony is partly the triumphant homecoming of a poor orphan who struck it rich. It is also a visit to a foreign land. Lone is in the colony making a film that picks up
      Reuter  -  834 words
  • Page 12 Advertisements
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      900 12 COUFYOISIER VS.O.P-WHIEKK T€ ENTERTAIN CUISINE 19 JUNE 1 JULY PALM GRILL Experience the unique French cuisine of master chef Roland Durand from the famed Le Relais De Sivres restaurant at the Hotel Sofitel in Paris. First prize winner of many culinary competitions. Selected as a "Meilleur Ouvrier De France' Master
      900 words
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      Page 12 Advertisements Column 2
      170 12 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
      170 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      224 13 Happy Houms En The Pamc Our early evening Happy Hours at The Fountain Lounge are simply delightful. For every drink you order you get the next one free. Plus, you get 25% off bottle purchases. And to make sure you re totally happy, there s great music to listen to.
      224 words
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      Page 13 Advertisements Column 2
      17 13 There's a the to work, a time to play... and a time to share 4 COGNAC COURVOISIER
      17 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      635 13 J CRYPTIC PUZZLE ACROSS 1 Whale of a telephone? (6) 7 He'll help you to see things clearly (8) 8 A cake on TV? (4) 10 A game to get over? (6) 11 One of those performing figures? (6) 14 The sheltered side of Cleethorpes (3) 16 Cook with oil
      635 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1283 13 TV and RADIO f OUR CHOICE OUR LAST DAYS... IN MOSCOW, 9.30pm, SBC 12 Two classical pianists study under their Russian master at the Vienna Conservatory of Music and fall in love. The couple is Kuo-yen Lee and Pierre Jasmin. She is Taiwanese and he is Canadian. Their love for
      1,283 words
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  • SPORTS
    • Article, Illustration
      Lock icon McEnroe's still got it
      707 14 WIMBLEDON AP TRUST John Patrick McEnroe. On a day when everything before and after him was predictable and dull, the world's most charismatic tennis player lit up the world's most famous tennis court with the comeback of his 14-year career. "I don't ever remember coming back
      AP  -  707 words
    • Article
      Lock icon Tour to ease restrictions
      211 14 GOLF AP THE PGA Tour Policy Board agreed in principle yesterday to provide greater flexibility in the requirements placed on foreign players who compete on the American pro golf tour. PGA Tour Commissioner Deane Beman said the board "approved a concept providing greater flexibility for our
      AP  -  211 words
    • Article, Illustration
      Eing Chong sets record
      439 14  -  By CHARLES SAVAGE THE SUN kissed Jurong yesterday, turning it into a lush green stage for Poh Eing Chong's re-cord-setting 68 four birdies, no blemishes worth $2,000 if no one beats him. Eing Chong played inspired golf on the first day of the 54hole Yokohama Classic.
      439 words
    • Article
      Lock icon Support for improved safety measures for Formula One
      358 14 MOTOR-RACING AFP SWEEPING CHANGES in the safety regulations for Formula One motor racing received the unanimous support of the World Motor Sports Council in Paris yesterday. As from next season, a series of measures proposed by International Motor Sports Federation (FISA) president
      AFP  -  358 words
    • Article, Illustration
      Lock icon Kingdom finds winning form
      308 14 ATHLETICS AP TWO-TIME Olympic champion Roger Kingdom returned to winning form to run the year's fastest 110metre hurdles in Lausanne on Tuesday, while Carl Lewis easily posted his 59th consecutive long jump victory. Kingdom triumphed in a time of 13.13 seconds over the Seoul silver and
      AP  -  308 words
    • Article
      Lock icon England's in trouble
      254 14 CRICKET AFP AUSTRALIA took a firm stride towards regaining the Ashes at Lords on Tuesday, when it survived scares from the weather and Neil Foster to beat England by six wickets in the second Test When man-of-the-match Steve Waugh hammered Paul Jarvis through the covers for four,
      AFP  -  254 words
    • Article
      Lock icon British hopes for Admiral's Cup
      99 14 YACHTING AFP BRITAIN will bid to win the Admiral's Cup for the first time since 1981 with the team which finished second to New Zealand two years ago. Graham Walker. Michael Peacock and Alan Gray were named on Tuesday to spearhead the home challenge with
      AFP  -  99 words
  • Page 14 Advertisements
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      373 14 CONFERENCE ON INVESTMENT CHALLENGES FACING THE INSURANCE INDUSTRY 10-12 July 1989, Shangri-la Hotel, Kuala Lumpur Opening Address By Dato' Dr Lin See Yan Chairman, Malaysian Insurance Institute The Conference is aimed at raising the level of knowledge, understanding, insight and awareness ot issues in the asset management of insurance companies.
      373 words
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      Page 14 Advertisements Column 2
      500 14 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF FM TRADING PTE. LTD. (Members' Voluntary Liquidation) FINAL MEETING Notice is hereby given, in pursuance of Section 308 of the Companies At, Cap. 50, that the FINAL GENERAL MEETING of the members of the abovenamed
      500 words
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  • COMPANIES & STOCK MARKETS
    • Article
      CityDev plans to buy 30pc stake in Fortune Centre
      501 15  -  By MAGDALENE NG CITY DEVELOPMENTS Ltd is negotiating to buy a substantial stake in Fortune Centre for about $22.8 million, its first venture into commercial property in the Middle Road area The 30 per cent stake that CityDev is said to
      501 words
    • Article
      Pan Malaysia Cement, Pan Malaysia Rubber report better results
      565 15  -  By KEVIN GWEE PAN MALAYSIA CEMENT Works < Bhd (PMCW) and associate Pan i Malaysia Rubber Industries Bhd < (PMRI), both members of the Ma- layan United Industries group, have chalked up improved performances for the year ended March 31, 1989.
      565 words
    • Article
      Tao raises deemed interest in Singland
      73 15 SINGAPORE LAND chairman S P Tao has raised his deemed interest in the property company from 17.73 per cent to 20.2 per cent. This follows the exercise of 2.99 million Singland warrants into 2.99 million Singland shares on June 23 in which he is
      73 words
    • Article
      Lum Chang's request for listing of property arm rejected
      306 15 LUM CHANG Holdings application to float its property arm on the Stock Exchange of Singapore has been rejected, the listed contractor said in a terse statement yesterday. This followed a press report yesterday which said that the group had sent an
      306 words
    • Article
      Joint venture company buys 5pc of Guthrie GTS
      254 15 FOLLOWING its recent capital restructuring exercise, Guthrie GTS Ltd has managed to attract one long-term investor. In a short statement yesterday, Guthrie GTS disclosed that 6.7 million of its shares were bought by Kumagai-Zenecon Pte Ltd for $3 08 million. Transacted in
      254 words
    • Article
      I&P to buy property firm for M$5.9m
      245 15 PROPERTY GROUP Island and Peninsular Bhd (l&P) has entered into an agreement to acquire property developer Choong Lim Lim Sdn Bhd (CLL) for Mss 85 million. In a statement to the stock exchanges on both sides of the Causeway. l&P said that it
      245 words
    • Article, Illustration
      JC-MPH sells Leisure Drome
      524 15  -  By ELAINE KOH JACK CHIA-MPH has sold its Leisure Drome complex in Kallang for $33 million, after a failed attempt last year at transferring it to associate company Hotel Tai-Pan for $15.45 million. The sale will give JC-MPH an extraordinary gain of $8.35 million, or five
      524 words
    • SES
      • Article, Illustration
        Turnover hits new high as buyers return to market
        1096 16  -  By JOSEPHINE CHAN CONFIDENCE returned to the ptock market yesterday as institutions re-entered the local scene with a vengeance, pushing trading volumes to a record high A total of 144.93 million units was traded against the previous high of 128.41 million
        1,096 words
      • Article
        Unit trusts
        337 16 Managers' prices OCBC-SIMBl Investment for June 29 Savers Capital Fund 1 02 107 Savers Trust Fund I 00 105 Singapore Unit Trust Tht Commerce 1 .11 "8* OUB Investment Mgt Th« Savings Fund 100 106 Union Global Fu*>d@ 0&5 089 S pore Prog Fund 045 049 Union S'pore
        337 words
      • Article
        COMPANY MEETINGS
        59 16 AMBASSADOR HOLDINGS LTD: 16th AGM at Jewel Room, 3rd Storey, Crown Prince Hotel, 270 Orchard Road. Singapore 0923, today at 9 30am CAUSEWAY INVESTMENT LTD: 25th AGM at No.l Shipyard Road. Singapore 2262, today at 11 00am ALUMINIUM COMPANY OF MALAYSIA BHD: 28th AGM at the PJ Hilton
        59 words
      • Article
        SES SHARE INFORMATION
        6362 16 Gr's Gr's 1QJIQ Tel Last Vol Day Last Quota Dhr Dtv Y'kl Nat M Cap High Low Code Company Sale or- (*000) High Low Buyer Sal lac C'vr PIE ►mil DEBENTURES, BONDS. LOANS J UN 28 ?84 124 X 1543 CK Tang Wt 1990 254 +1 17
        6,362 words
    • KLSE
      • Article, Illustration
        Selected buying lifts prices
        3389 17 THE Kuala Lumpur stock market yesterday recovered further ground on selective buying and share prices closed firmer for the second consecutive day. A broker said the buying was probably due to window-dressing activity ahead of the mid-year. He said dabblers nowadays do it a few days
        3,389 words
    • REGIONAL MARKETS
      • Article
        Lock icon Taipei: Stocks rebound
        478 18 Reuter SHARE PRICES in Taiwan rebounded yesterday but brokers said sentiment was mixed among investors who are watching to see what moves the government will take to cool the overheated bourse. The weighted index rallied and dipped several times during the day but ended 145.98 points higher
        Reuter  -  478 words
      • Article
        Lock icon Bombay: Big gains
        133 18 Reuter HEAVY BUYING by stateowned financial institutions for the second day running helped shares on the Bombay market overcome lethargy and post big gains, brokers noted. They said the rally was aided by technical considerations. With the end of the monthly account due in two days, the
        Reuter  -  133 words
      • Article
        Lock icon Manila: Prices retreat
        168 18 Reuter PHILIPPINE share prices retreated to end lower on sustained profit-taking yesterday in selected blue chips, and brokers said the fall might continue through the week-long European trip by President Corazon Aquino set for mid-July. The Manila Stock Exchange composite index dipped 9.36 points to settle at
        Reuter  -  168 words
      • Article
        Lock icon Bangkok: Bullish trade
        80 18 Reuter THAI STOCKS moved sharply higher in very active trading yesterday dominated by finance and cement blue chips which pushed the index to just below the 600 level, brokers said. "The index should stretch to 600 this week but at that level, we can expect a round
        Reuter  -  80 words
      • Article, Illustration
        Lock icon Shares end higher in thin trade
        1342 18 Hongkong Reuter HONGKONG stocks closed firmer yesterday following a day of thin, featureless trade. The Hang Seng rose 12.40 points to 2.245.05 and the Hong Kong index 7 86 to 1.481.52. Turnover rose slightly to HK5592.34 million from HK$556 45 million on Tuesday. Brokers
        Reuter  -  1,342 words
      • Article, Illustration
        Lock icon Firmer close
        485 18 Australia Reuter THE AUSTRALIAN share market closed higher yesterday as market leader BHP received strong support ahead of its year profit result due tomorrow, dealers said. BHP rose a solid 20 cents to 8.74, and the All Ordinaries Index closed 10.5 points higher at 1,519.0. "Overnight gains on
        Reuter  -  485 words
      • Article, Illustration
        Lock icon Broadly lower
        531 18 Tokyo Reuter JAPANESE Prime Minister Sosuke Uno's private life took centre stage in the market yesterday as share prices plunged on reports, later denied, that he would resign over a sex scandal. Prices closed broadly down in light trade but above their lows on afternoon bargain-hunting, brokers said.
        Reuter  -  531 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks end with moderate gains
        813 19 New York Reuter STRENGTH in some transportation, energy and technology issues lifted Wall Street to a moderately higher close on Tuesday. An unsubstantiated rumour earlier in the afternoon that Japanese Prime Minister Sousuke Uno would resign caused a ripple in the currency and bond markets,
        Reuter  -  813 words
      • Article, Illustration
        Lock icon Equities open sharply firmer
        922 19 London Reuter LONDON share prices opened sharply firmer yesterday, rising to post-crash highs on the FTSE 100 index. The gains represented follow-through impetus after Tuesday s 26.8-point rise in the wake of encouraging UK May balance of payments news, dealers said. At 0800, the FTSE index
        Reuter  -  922 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1678 19 Reuter FRANKFURT: West German shares resumed their recent rally yesterday as domestic firms closed their first-half accounts and shrugged off mounting tension about the Bundesbank's regular council meeting today. The real-time 30-share DAX index closed at 1,491.39, up 13.50 points or 0.9 per cent up from Tuesday's
        Reuter  -  1,678 words
      • Article
        Lock icon Wells Fargo to form joint venture company with Nikko Securities
        335 19 NYT WELLS FARGO Co has said it will spin oft its investment management subsidiary, which is the largest single investor in the stock market, into a money management venture it will own jointly with Nikko Securities Co of Japan According
        NYT  -  335 words
      • Article
        Lock icon KLM details planned stake in NWA
        260 19 Reuter KLM Royal Dutch Airlines, one of the partners in a US$4.O5 billion bid for NWA Inc of the US, said it aimed to obtain a 20 per cent equity stake but would hold only 8.44 per cent of NWA's voting rights. "The stake
        Reuter  -  260 words
  • Page 15 Advertisements
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      105 15 West Indies Partnership ARCHITECTURAL PARTNERSHIP available in the Caribbean Island of Sint Maartenl Saint Martin (half Dutch, half French) with licences to practise both sides. English is the lingua franca on the whole island. Established 21 years, owner wishes semiretirement. Residence permit automatically obtained with ownership and/ or directorship. Also
      105 words
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      Page 15 Advertisements Column 2
      556 15 (i i r* SINGAPORE'S PREMIER WA'I'CII BOUTIQUE BALANCE SHEET at December 31, 1988 1987 Assets Sfr IOOOe Cash 4 191 247 Due from banks Sight 2 615 646 Time 29 720 812 of which with maturities up to 90 days 22 684 239 1988 Sfr 1000s 1 414 087 1
      556 words
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  • Page 18 Advertisements
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      1008 18 Technology every Tuesday Ci-emicalßaisk Chemical Banking Corporation and Subsidiaries Head Office: 277 Park Avenue, New York, *****. Consolidated Balance Sheet (In millions, US$) Assets Cash arid Due from Banks Deposits in Other Banks Federal Funds Sold and Securities Under Resale Agreements Trading Account Assets Net Investment Securities (Market Value: $8,484
      1,008 words
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      728 19 It BERLINER HANDELS- UND FRANKFURTER BANK Haod Offica 6000 Frankfurt 1. Bockenheimer Ljndstrasso 10 Telex: *****6 "felephone: 069/718-0 mszs* CONSOLIDATED STATEMENT OF INCOME Year ended 31 December 1988 CONSOLIDATED BALANCE SHEET As of 31 December 1908 (Condensed) 1987 DM 1.000 Interest and related expense* Commissions ond related expenses Write-offs ond
      728 words
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  • Article
    Suzue-PSA to invest $40m in two projects
    563 20  -  JOINT VENTURE AIMS TO PROVIDE HIGH-TECH STORAGE By JEAN FOONG SUZUE-PSA Cold Storage, a joint venture between Japanese transportation giant Suzue Corporation and the Port of Singapore Authority, plans to invest $40 million in two high-tech projects over the next two years. Another
    563 words
  • Article
    Lock icon Jakarta willing to co-chair Cambodian talks
    120 20 AFP INDONESIA is ready to co-chair with France an international conference in Paris this August aimed at settling the decade-old Cambodian conflict, Foreign Minister Ali Alatas said in Jakarta yesterday. "Indonesia will accept (the position) but it must first be agreed by other countries
    AFP  -  120 words
  • Article
    Lock icon US gets access to Japan's mobile phone market
    231 20 Reuter US AND JAPANESE negotiators agreed in Washington yesterday on American access to the lucrative Japanese mobile phone market, averting retaliatory measures by America, the US Trade Representative's office said. The agreement ended marathon negotiations between Japan's special negotiator, Ichiro Ozawa, and
    Reuter  -  231 words
  • Article
    Lock icon 'Suharto not grooming crown prince'
    359 20 AFP, Bernama PRESIDENT Suharto, who has ruled Indonesia for the past 22 years, does not appear to be grooming a crown prince because to do so would be unconstitutional, State Secretary Murdiono has said. "The impression that a 'prince' has been appointed by the 'king'
    AFP,; Bernama  -  359 words
  • Article
    Lock icon Indonesia soon to sell state firms
    183 20 Reuter INDONESIA HAS taken another step towards privatising some of its lumbering and inefficient state companies, a third of which are losing money. Finance Minister Johannes Sumarlin said his ministry had run through the books of some 200 state companies with a fine-tooth comb,
    Reuter  -  183 words
  • Article
    Lock icon Abolish tariffs call
    65 20 AFP AN influential Japanese business group yesterday urged Tokyo to abolish tariffs on all industrial products but call upon the European Community (EC) to stick to the principle of free trade. The Japan Association of Corporate Executive (Keizai Doyukai) said Japan should push market-opening and deregulation policies
    AFP  -  65 words
  • Article, Illustration
    Lock icon Do not throttle demand for Opec oil: Subroto
    400 20 AFP THE Organisation of Petroleum Exporting Countries will fill the world's demand for oil through the next century, but in return it expects consumers to desist from policies designed to "throttle demand" for its oil. Opec secretary-general Subroto said in Caracas yesterday
    AFP  -  400 words
  • Article
    Lock icon Singapore Embassy in Bangkok beefs up security after bomb threat
    191 20 AP SECURITY has been tightened at the Singapore Embassy in Bangkok following a bomb threat, the Thai Foreign Ministry spokesman said yesterday. Singapore recently arrested a Thai national. Somkid Khamchanh. and sentenced him to three months in jail and three
    AP  -  191 words
  • Article
    Lock icon Australia, Japan want China out of Asia-Pac forum
    386 20 JfThe China question Reuter AFP AUSTRALIA has said that for the time being China should be excluded from an Asia-Pacific economic forum it has proposed because of Beijing's crackdown on pro-democracy protesters, while Japan has voiced doubts about China's place in that
    Reuter; AFP  -  386 words
  • Article
    Lock icon Deng outlines policies to restore govt's credibility
    355 20 UPI PARAMOUNT leader Deng Xiaoping has outlined to China's hierarchy a combination of economic and political policies aimed at restoring the government's credibility and healing rifts within the Communist Party, according to a series of unpublished speeches The strategy calls for the nation's
    UPI  -  355 words
  • Article
    Lock icon CAAC unable to take delivery of Boeings
    242 20 Reuter CHINA'S state airline is unable to take delivery of five Boeing airliners because the US government has frozen licences for technical exports to China, banking sources said yesterday. A Hongkong banking source said the Seattle-based company was to have started delivering the
    Reuter  -  242 words
  • Article
    Lock icon Rumours of rupiah float rattle bankers
    292 20 Reuter INDONESIA s bank dealing rooms are awash with rumours that the central bank will soon give up its control of the foreign exchange market, and some bankers fear that the rupiah may then take a nosedive. At the moment, Jakarta runs what a
    Reuter  -  292 words
  • Article
    Lock icon Comex silver
    73 20 Reuter COMEX SILVER futures chopped early losses yesterday on scattered short-covering after a brief sympathetic drop with gold. In thin business, July silver approached Tuesday's close of US$5.3l an ounce, coming out of US$5 265. Analysts said the gold-in-duced selling brought July silver to an area of moderate
    Reuter  -  73 words
  • Article
    Lock icon Tamil separatists call off war with Colombo
    324 20 AFP SRI LANKA'S dominant Tamil separatist group has formally ended its six years of bloody guerilla war against the government and agreed to resolve problems through talks, a senior minister announced in Colombo yesterday Industries Minister and cabinet spokesman Ranil Wickremesinghe said the
    AFP  -  324 words
  • LATE FILE
    • Article
      Lock icon Malaysia passes Banking Act
      35 20 Bernama THE MALAYSIAN Parliament yesterday approved the Banking and Financial Institutions Bill 1989 without amendments to streamline the financial system by combating white collar crime and preventing malpractices. See Page 7
      Bernama  -  35 words
    • Article
      Lock icon ADB to fund meeting on NIEs
      54 20 AFP THE ASIAN Development Bank will help finance a conference on Newly Industrialising Economies to be held in Bangkok in November. About 150 economic policy planners and academics will attend the November 8-10 conference on the emerging role of Newly Industrialising Economies and Asean,
      AFP  -  54 words
    • Article
      Lock icon Chinese envoys heading home
      50 20 AP CHINA has recalled all its ambassadors as the government comes under increasing international fire for its repressive policies at home. Chinese embassies in the Philippines, Australia, Turkey, Egypt, Spain, Belgium and Tokyo said that their ambassadors had left or would return to Beijing soon. AP
      AP  -  50 words
    • Article
      Lock icon Deng appears on TV
      36 20 AFP A STERN-looking Deng Xiaoping appeared on state television's main evening newscast yesterday, as China's official press ran his entire speech justifying the crackdown on the student-led democracy movement. See this page
      AFP  -  36 words
    • Article
      Lock icon Roh opposes US troops cut plan
      57 20 AFP SOUTH KOREAN President Roh Tae-Woo said yesterday that he opposed a proposed cut in the number of US troops in his country, adding that instability in China had boosted the need for US assistance. "The recent situation in China affects the Chinese ability
      AFP  -  57 words
    • Article
      Lock icon Malaysia to get easier yen loans
      75 20 Bernama THE JAPANESE government has agreed to reduce the interest rate on new loans to Malaysia to 2.9 per cent from 3.5 per cent following the appreciation of the yen, but Japan did not agree to Malaysia's proposal to repay at an interest rate
      Bernama  -  75 words
    • Article
      Lock icon Queensland 'no' to Jap project
      65 20 AFP Queensland Premier Mike Ahern yesterday rejected a proposal by a Tokyo-based firm. Varolin Pty Ltd, to build a ASSOO million city for 19,000 Japanese retirees near the coastal city of Cairns. Mr Ahern said that some form of development was likely on Trinity Inlet,
      AFP  -  65 words
  • Page 20 Advertisements
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      203 20 of fine living. Beautifully furnished dining rooms, separate fully equipped kitchens, elegant one or two bedroom suites right in the heart of Orchard Road. At The Ascott, we take pride in giving our clients their own home. A spacious, private living environment that offers the ultimate in luxury and convenience.
      203 words
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      Page 20 Advertisements Column 2
      119 20 The gold report wa» not available at preea time J LW Investments SIXTH AVENUE SINGAPORE AN EXCLUSIVE CONDOMINIUM DEVELOPMENT FOR SALE BY TENDER 48 maisonettes with 31 units let. Freehold site (area 16.556.8 sq m)for sale en bloc. Well -finished three and four bedrooms units in three low-rise buildings Facilities
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Wartsila wins 5-ship order
        84 21 Reuter WARTSILA Marine, part of Finnish engineering group Wartsila OY, said Norwegian associate Sterkoder Mek Verksted had won an order for five fishing vessels from Liberian-registered Rider Shipping Corp. The Norwegian firm, in which Wartsila holds 50 per cent, won an order for 15 fishing boats
        Reuter  -  84 words
      • Article
        Lock icon Exxon opens office to process claims
        97 21 Reuter EXXON Corp has opened an office in Seattle to process claims from the Exxon Valdez oil spill in Alaska's Prince William Sound. Exxon had earlier opened several claims offices in Alaska. The company said that by late June it had paid claims totalling
        Reuter  -  97 words
      • Article
        Lock icon Tugboat sinks in Houston channel
        62 21 Reuter A TUGBOAT pushing a chemical barge sank in the Houston Ship Channel near Galveston, blocking ship traffic, the US Coast Guard said. Coast Guard Lt Commander Robert Warman said the cause was not yet know but that it appeared the tugboat sank as a
        Reuter  -  62 words
      • Article
        Lock icon Dutch yard to build luxurious yacht
        140 21 Reuter A SMALL Dutch shipyard is on the verge of signing a contract to build the world's biggest and most luxurious yacht for flamboyant American multi-millionaire Donald Trump, a company spokesman said. Andries Bosma, financial controller of shipyard Amels Holland in the small northern
        Reuter  -  140 words
      • Article
        Lock icon Sugar exports switched to Durban
        72 21 AFP MASSIVE thefts of sugar in the Maputo port and rail yards has led landlocked Swaziland to switch some sugar exports to the South African port of Durban, national ports and railways director Fernando Ferreira Mendes said Tuesday. He added that there are fears that
        AFP  -  72 words
    • Article
      CSEW to train workers at Keppel
      107 21 CEBU Shipyard and Engineering Works, Inc (CSEW), a major shipbuilding and shiprepair yard in the Philippines, is embarking on an overseas manpower training for its industrial craftsmen and engineers. Workers and engineers are being sent to Keppel Shipyard of Singapore for training in the
      107 words
    • Article
      Index to advertisers
      767 21 ABC Contoinerline XI s Accord Shpg VIII Arrow lines XI ANl III APC line VII API V ASCI V Austrosia line VII Bolt Conodo Ime IX Bolt Onent line IX Boltic Orient Shpg XI Bonglodesh Shpg VII Bonk line VII BBS IV Ben line Cont VII Bengol
      767 words
    • Article, Illustration
      China offers first bonded warehouse
      554 21  -  FAVOURABLE RESPONSE FROM SINGAPORE COMPANIES By RAHITA ELIAS SINGAPORE shippers and manufacturers are showing interest in the potential offered by China's first bonded warehouse. The Port of Tianjin Commercial Bonded Warehousing and Service Company (CBW) is a 50-50 joint venture between the port authority and
      554 words
    • Article
      Australian subsidiary of OOCL named Exporter of the Year
      358 21 AN ORIENT Overseas Container Line (OOCL) subsidiary has re- ceived the highest commendation Exporter of the Year Award 1989 (Transport and Service Division) in Australia. Orient Shipping Pte Ltd (OSS). 75 per cent owned by OOCL, is said to be the
      358 words
    • Article
      Lines must amend tariffs by July 10
      135 21 CARRIERS and conferences must amend their tariffs by July 10 to reflect the US Federal Maritime Commission's recent rule on the effective date of new rate changes. The agency published a final rule in May requiring carriers to make sure their tariff rates,
      135 words
    • Article
      Lock icon "K" Line to start Vietnamese service soon
      175 21 AFP KAWASAKI Kisen Kaisha will start a regular container service linking Vietnam's Ho Chi Minh city and other major ports in the world from July 1. "K" Line, Japan's fourth biggest shipping line, will be the first Japanese shipping firm to resume regular
      AFP  -  175 words
    • Article, Illustration
      Shipping market: tread with caution
      1825 22 Few other industries display longer troughs and shorter booms HONGKONG shipowners had little to complain about last year The recovery in the shipping markets which started in 1987 gathered such momentum during 1988 that, by the last quarter of the year, many shipowners and operators
      1,825 words
    • Article
      US transportation association elects new president
      231 22 PATRICK J Ryan of the Port of Oakland has been installed as president of the National Defence Transportation Association (NDTA), San Francisco Bay Chapter. Ryan is assistant to James J O'Brien, acting chief executive officer and executive director, transportation services, Port of Oakland. Other
      231 words
    • Article, Illustration
      World Port Conditions
      374 22 All surveys were conducted on June 7. ASIA Bangladesh: Chittagong 25 vessels operating. Mongla 16 vessels operating. India: Calcutta Waiting time of up to five days. Madras Waiting time of up to two days. Bombay Waiting time of up to seven days. Cochin Waiting time of up
      374 words
    • Article
      Who acts for whom ...
      2368 22 Who acts for whom A B AB Shipping Boustead Shpg Agenciee (S) ABBS Line SMS Pte Lid (S)/Tunaa Sena (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S>/Accord Contains Lin* (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepler Oceanus Shipping Agency (S)/Multiporl Sdn BM (PK)
      2,368 words
    • Article
      John Burke to include Darwin as port of call
      319 23  -  By FLORENCE CHONG QUEENSLAND-BASED John Burke has decided to include the Northern Territory capital Darwin as a port of call for its service to Singapore from July. Initially on a monthly frequency, this service would mean that Darwin-based Perkins Shipping will
      319 words
    • Article
      London Freights
      1118 23 CHARTERING of vessels to cover grain picked up slightly on Tuesday, but there was little sign of an improvement in freight rates and the Baltic Freight Index declined eight points to 1,391. Talk of renewed grain purchasing by the Soviet Union aided sentiment, but this was offset by
      1,118 words
    • Article
      SHIPPING LIST where your ships are due...and when
      5746 30 AARHUS Kutal. Oiaaagatri. Juna 28/ July 1. Kaauga 1. Trlot, J una 29 Maarak Tokyo. Maersk Llna. Juna 29 Noraala Al-Muntazah. Noraala Llna. Juna 30 Evar Ganarai. Evargraan. Juna 30 Ming Prograaa. Yang Ming. July 1. Villa da Vanua. CM O'Attretement. July
      5,746 words
    • Article
      Ships in Port
      837 30 AT CONVENTIONAL WHARVES Veaaol Voy No Barih Arrival Departure Keppel Wharves Eo««"> Gl G«d>> Koto Abod< Kola Timor Mow V Hua Motaon New lltop'O SkulptOf Gol Tron* Nov Agio* Spy'id Alt Oedicoi AngtaM kj>o Bal Abbet Caionofca Cbongdu Cru Mut»bah Ku-Tai lino 101 Nelkoi Moru Not Tonced
      837 words
    • Article
      Container schedules
      1158 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Location Ship Voy date/time cargo schedule JenJ*nk 1I2N 29 06 89 1700 KJ2 29 0800 29 0830 H4 OOCl Fortune 15 29 06 89 1900 HIS 29 0900 29 1000 AS C5 29/1000 29 1030
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      34 21 "The Illustrated Encyclopedia of Wildlife" ildti fortnightly lit all good bookshops and news-stands >0 iW ft* STP Dtetrtbuton For advertising and circulation enquiries, please call Business Times, Tel: *****11, 253-2821 Tlx: ***** BTAD k
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    • Advertisement
      Page 21 Advertisements Column 2
      22 21 Lines and services represented by Members of the Registry of Accredited ShiDDina Aaents. Sinaanoro National K'MiEzHtr) Shipping Agents, Singapore National Shipping Association
      22 words
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      Page 21 Advertisements Column 3
      279 21 |i. Ml •r INTIRMARINE SUPPU CO (PTE) LTD T«<: 265M33 (6 llnM) Tlx: IMCCO R*****8 Fax 2****** INSIDE Recovery in shipping HONGKONG shipowners had little to complain about last year. The recovery in the shipping markets which started in 1987 gathered such momentum during 1988 that, by the last quarter
      279 words
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  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      113 22 CHANGE OF RCL AGENCY Regional Container Lines Co Ltd, Bangkok and Regional Container Lines (Pte) Ltd and RCL Group of Companies, Singapore announce the appointment of GREAT REGION SHIPPING CO. (PTE) LTD as their General Agents in Singapore with effect from 1 July 1989 We would like to thank Singapore
      113 words
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  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      1270 23 JAROINC SHIPPING agencies 200 Cantonment Road #12 05 Southpoint, Singapore 0208 \MWWWW Tel *****11 TELEX NO RS ***** WW BTTmfi TERMINAL/CFS Tel *****18 220 J BOOKINGS Tel *****34 235 HHI pesaka jardine shipping agencies son. bno PORT KELANG TEL: 3684 U8 T-tei No MA*****/MA***** P. .4+l /"">,. JiK/ ■IWTWIS PENANG
      1,270 words
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      Page 23 Advertisements Column 2
      1130 23 •Port "Penang Kelanfl DESTINATIONS To Calitorn.a US Golf US Atlantic East Canada All Water S«»r LEXA M MCKMNEY M LEDA M MARIT M UCA M MARC MEN M LEISE M LOUIS M 4/7 5/7 1/7 12/7 8/7 19/7 5/7 26/7 1/8 2/8 8/8 am 5/8 18/8 22/8 23/8 This week
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  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      769 24 if Hapag-Lloyd rniMTAiNIR SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON KASUGA 1 BONN EXPRESS CARDIGAN BAY BENALDER KURAMA MARU BENAVON TOKIO EXPRESS PROSPER HAMBURG BREMERHAVEN "7 04/548 29/6 2Ail 7 (PRESS 02/565 5// //7 24/7 kN BAY 90/549 6/7 31/7 5/8 ER 90/533 12/7 14/7 31 7 2/8 31/; 1 MARU
      769 words
    • Advertisement
      Page 24 Advertisements Column 2
      628 24 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG-SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE ROM/A OA* HBG HULL (U.K.) TAUSALA SAMOA V-ISN 15(7 11/» l«/» CLYDEBANK V26N I*l* 12/9 lift Ql* TAMAITAI SAMOA V-16N 20/9 17/10 21/10 ■Alm Acceptm( fCL to Artwp/Brimnlf tillItow«/V>um»n**o»vWf HiWi!l .AALLJJM (ASIA-SOUTH PACIFIC
      628 words
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      Page 24 Advertisements Column 3
      906 24 (7 n)\ o Wi\* <=*J 1 r REGULAR INDEPENDENT FULL CONTAINER SERVICE (VIA FEEOCR) PEN PKL SIN FLX HAM BRE ROT ANT 28/6 29/6 30/6 26/7 27/7 28/7 29/7 3(V7 4& 7ff 1/1 3/1 5 8 6 8 12/7 13/7 14/7 8/8 10/8 U/t 12/1 13/1 19/7 20/7 21/7 15/8
      906 words
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  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      1372 25 TIMES, Thursday, June 29, 1989 Steamers Maritime Holdings Ltd w* p&0 Containers I CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo Fori Hamburg to CapwHm»n. Airtws. GotHwrturj. Ifclmo. Stockholm. HtUinki. Sondwturj Rottwtoi* to Anhnrp. MmfrrUm Otto, B«l«. Zurich Bronwnluvtn to Brtmon SoutlUMton to til UK dotliMtiont. So4fut »nd OuMm CONTAINERSHIP SERVICE
      1,372 words
    • Advertisement
      Page 25 Advertisements Column 2
      804 25 Ta>CHO YANG LINE WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE ■CZISEHLLM HANJIN LEHAVRE 002W QUEEN SWAY BRIDGE 009* CHOYANG PARK 003W HANJIN OAKLANO 003W Alto acctptinf for Inland UK dwtinat.oiw Antwerp and Scandana»ian port* FMG HOT A MERCANTE GR ANCOI OMBIAN A SA (NATIONAL LINE OF COLUMBIA) To Buenaventura/BarranquilU/Santi
      804 words
    • Advertisement
      Page 25 Advertisements Column 3
      68 25 PT. PELAYARAN MUTIARA SAMUDRA A6UNG PALMA SEJATI 3/7 BATAM (SEKUPANG) WP 5 7 DUMAI/PERAWANG ABADI JAYA 3/7 P. BARU/PERAWANG 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 tug
      68 words
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      Page 25 Advertisements Column 4
      361 25 tlai Sun Hup Co (Pti Ltd TF.I *****0b (TO Lnw.l U* MS KASTKKX CAR 1.1 M'.K I.TM STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-R0 HEAVY LIFT! HOTt: ALSO CALLING OTHER JAPANESE PO«TS, HONOKONC. TAIWAN t CHINESE POUTS SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS IHL VK* lilt 28/8
      361 words
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  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      499 26 v i HI SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN 9ERVICE Singapore Loading for KYOWA LINE INTRODUCING KYOWA PAST DIRECT B'BULK/CONTAINER SIR VICE FROM S'PORE'PK TO OUAM/3AIPAN AND MICRONESIA PORTS* ETA SPORE LOAO FOB A VSL (TIN) Mid JULY If GUAM, SAIPAN AND MICRONESIA PORTS* •MICRONESIA
      499 words
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      Page 26 Advertisements Column 2
      762 26 0 HANJIN SHIPPING CO., LTD AtNFHIt' >F in I f ro Europe via sue: '■TO USA PACIFIC SOUTH WEST HANJIN Lt HAVHI 9HW QUKN'S WAY MIDCi WW 1/7 CHOYANG PARK OOJW IV HANIIN OAKIANO OBIW W S port I ItHtvrt A'dtm H burl t'kmM tat toil tw nll H// nti
      762 words
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      Page 26 Advertisements Column 3
      240 26 INTEROCEAN LINE 78, 2nd Floor, Jaton J/71. Taman Tun Or ImmM, *0000 KL T«l. 71ff734. *****04. ****** TLX NO MA-***** FAX 03-7173*11 Off: *****7. *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS LCL/FCL AUSTRALIA UK/EUROPE USA i GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOU'MfPN nut R€Gui>« lIWEB SERVICES KD"*<GMTL» SAA.*«G) hONG
      240 words
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      Page 26 Advertisements Column 4
      1315 26 EVERGREEN ;il! i :> if.i">/'■ Si' l i'f Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) BAL LHV ANW ROM njl HM ICP I-Jt mm IW M MI tw U m M o'"* 'M* 33 :c om» ur> iv» iw imo am iwn kkn turn ttm nm up Also ACCEPTING CARGO TO; I) MtOVIOENCI.
      1,315 words
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  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      742 27 StilFFliNU liMKs, mursaay, uunc PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES FAR EAST VIMCI OOWA HAI GUANG MAJAPAHIT SURABAYA/SEMARANQ CONVENTIONAL/SEMI-CONTAINER SERVICES RED SEA/EAST AND WEST AFRICA VIMCL VOV KOTA MUTIARA E-7SB KOTA BENAR i-807 KOTA SfQAR t-784 KOTA PAJAR B-808 KOTA BAKTI
      742 words
    • Advertisement
      Page 27 Advertisements Column 2
      297 27 r BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FRO# UK/CONTINENT TASMAN ASIA SHIPPING 1 TO NEW CALEOONIA, FUI ANN NEW ZEAIANO MAIN LINE (TO) NRG NOUMCA SUVA AM. NAP TW TA. IXKONtt» m iw M M M TA. MARINE* n VI l/» ¥t W FROM NEW
      297 words
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      Page 27 Advertisements Column 3
      385 27 IV DJABAQETRI A Joint Europe B«rvk» Of: P.T. UAKAITA ILIYI F.T. WWM UOYI INftOtttlA F.T. TMKNA UOYI Umitt KM CMTAMCMiIF tHVtCU IMItfNI T1 EVMPC vsl/vot I 1 ■ONTANC/lIWI NATARAM/NWI SPOM ANTWtRP H lURC, RDAWAOAM IRINtK 11/9 1W» (ACCEPTING CONVtNTIONAL ANO CONTAINtRIKO CARGO) (ACCEPTING cftIVINTIONAI ANO M CONTAINERISED CARGO) Subfvct to
      385 words
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      Page 27 Advertisements Column 4
      377 27 BOUSTEAD SHIPPING AGENCIES IP* MYANMA FIVE STAR UNE (Burmasa National Lina) Loading for Rangoon TAUSALA SAMOA VISN CLYDEBANK V26N TAMAITAI SAMOA VIIN Spore P.Ktlang Penang Bangkok 27 lit iun mi m 11/u Jul THE BANK LINE SPOKE ROAM HMBG HULL 15/7 11/1 16/1 20/1 140 Ul% 110 21/* 200 17/10
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1056 28 age VIII AMBASSADOR BRIDGE NEPTUNE GARNET OOCI FAIR RAINBOW BRIDGE VIA FEEDER AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE 8 Kline N. AMERICA-ATLANTIC COAST VOY *INDO 23 4/7 •PK/PNG SGP N. AMERICA PACIFIC SOUTH-WEST FEEDER VESSEL NEPTUNE ZIRCON NEPTUNE RUBY OOCL AMERICA ACE CONCORD N. AMERICA PACIFIC NORTH-WEST HONGKONG
      1,056 words
    • Advertisement
      Page 28 Advertisements Column 2
      1158 28 j AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCUFCL Containers Sinfipore P Kelan| Panan( loadinj tor Mother Oil By feeder By Feeder HA LI OAS V 43 1 July f rem Wetb Sydn Adet TULSIOAS 25 July XMy 20 tuty F rem Melt Sydn Adei KALIOAS V 44 20 Aug IS Aug
      1,158 words
    • Advertisement
      Page 28 Advertisements Column 3
      495 28 p PHILI-ORIENT LINES PTE LTD HEAD OFFICE 108 ROBINSON ROAD 07 00 GMG BUILDING SINGAPORE 01(M> TELEX RS ***** PHILI FAX *****76 lUHflr n-T ETA SINGAPORE 6/7. W 4/7. 7/7 AQABA. HODEIDAH H KONG. KOBE, TOKYO KEELUNG, KAOHSIUNG. MANILA. BANGKOK. BUSAN. JAKARTA IW/HMfK SCANMMVM FCI LCI SOIVICE 2/7, 12/7 lON,
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1375 29 nt mm m nepiine son bhd V/ |JQI set asr NEPTUNE ORIENT LINES LTD NEPTUNE AGENCIES PTE LTD itnctal Bookings Bookings inquiries fE lU/AUST TPA/StA *****77 2 7*5753 27»742 *****19 *****16 *****11 *****4® (CR NO. I**********E) EXPORT TO-EUROPE UK (VIA SUEZ) FDR VSL/VOY PKN PKG Perkaaa 81S 27/08 28/06 Perkaaa
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      Page 29 Advertisements Column 2
      1010 29 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMK MESSRS MAI THONG SNIPPING 127 PwancStrM Cables iAYAPOH PEHAN6, Tat 622JM 6229 M/ T« PASIR
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  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      427 30 SINGAPORE SHIPPING r CORPORATION (PTE.) LTD. TU 22b 6868 (34 Lines) FAX *****39/*****76 TUEX RS ***** A/B SSCMA RS ***** A/B SSCAO DSR-LIMES VEB DEUTFRACHT SEEREEDEREi ROSTOCK i INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND N. CCGIELSKI 4W 0. GDOTEWOHL 6/8S FAHRLAND VMS
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      Page 30 Advertisements Column 2
      106 30 t.s k. lime At£K(.V CONTAINtWIStO SERVICE *if> PIXEO o*' A9«iv*. EXPORTS TO TAIWAN JAPAN CONDMNT V 73 KAMJKI VZI HUMS Aa vn HAKUSAN II M CONTINENT VM KAiUKI VM r-^r^r^r^tJEJLJCIILJ uymyimßMßißi ,Q|QiQI3Ii3QiB9CI IMPORTS FROM JAPAN TAIWAN kamjki vn nimks aa vn HAKUSAN II VI CONTIMNT VM KAMJKI VM Hi INKS
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  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      155 30 Regional Weather s m < VI f 1 m i 91* sV I 3* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 29, 1989 V* Wind direction with speed m knots Wovf height ICGINO RT empefoture Th*jnde*st«*m Weather Wmd direction with speed *> knots Shower Rom Wove height Cloudy
      155 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      761 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 11 IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT I EAST BOUND SERVICE ETA S PORE LOADING FOR A. VSL 5/7 Iraq/Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA I BAGHDAD REEFER SPACE AVAILABLE UPTO
      761 words
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      Page 31 Advertisements Column 2
      317 31 Is RICHFIEIO MARINE AGENCIES |S| PTE LTD TEL: *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Lire*) -WW jL±. I km of ACCEPTING FCL AND CONVENTIONAL PEN/PKO ETA SPORE ABBAV WOHZ JO/7 VOV 20WB DAfIESSAtAAM MOMBASA DJBOUTI ASSAB MASSAWA HOOEIOAH Other ports along the route workable on inducement
      317 words
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      Page 31 Advertisements Column 3
      861 31 SIGMA EXPRESS (S) PTE LTD P.KELANG: 03 *****35 PENANG: 04-*****9 BANGKOK: *****21 HONG KONG: 03-*****6 CCM COMPANIA CHILD*A DE NAVECACION INTEBOCEANICA IA (CHILEAN NATIONAL LINE) GREAT ANDES SERVICE FEEDER VSL SP N EMERALD 1W 02/07 N. IVORY 17N 09/07 KEE 01/07 15/07 MOTHER VESSEL OVE SKON OVE SKON 2003 KEE
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      Page 31 Advertisements Column 4
      295 31 BALTIC ORIENT SHIPPING PTE LTD. bay of bengal service L 111 IM CCI MM «T CH IP TIGER BAY 71N 29/6 9 7 SUSAK 70N 3/7 10/7 OCEAN SINCERITY ISA 9/7 20/7 EQUATOR PRIOE 03A 5/7 11/7 1. YAMBURENKO USI» 6/7 12/7 14/7 LEUVE 9107 6/7 11/7 13/7 P STAROSTIN
      295 words
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      Page 31 Advertisements Column 5
      76 31 FARGO SHIPPING Tel:BS4 0122 CONTAINERIZE ABC WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! NEXT VESSEL: TNT EXPRESS 221 ETA 1/4/89 Only 7 days to FremantlcS Only 12 days to Melbourne. Only IS days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN lw» iFU [torn lAirt |Fot/M»f]Li* Sport TUT EXPRESS L HUOIG BRUSSEL
      76 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      489 32 WAN HAI LINES WEEKLY CONTAINERISED SERVICE EXPORTS TO FAR EAST WAN CHUN V22S KAI SHUN V 163 Tmrrrrr IMPORTS FROM FAR EAST KOB OSK NAG Ho* |m 1 KEE KAO HKG WAN CHUN V 227 KAI SHUN V 162 K I lib m iardmes iARDINE SHIPPING AGENCIES no Cantonment Road.
      489 words
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      Page 32 Advertisements Column 2
      673 32 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA 39 UffW NEW ZEALAND/ AUSTRALIA j[ CNTP LINE (PKEIANG) T EI (03) W 1200 JE CNTR LINE (PENANG) t Ew (04) *****6 SWISS SHIPPING PTE LTD S3 Telok Blanjrah Road
      673 words
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      Page 32 Advertisements Column 3
      394 32 '«'of*V v V; ICniLi. i Mitsui OSKLines Lid EXPORTS TO PSW CONNECTING AT |TO OOUBLt SUCK IRAINS ETA EacBEacBEMEaiEMCM im—ra f'H'j\i.'iii:i jrirrra L.'iMLUEJICMUUI3BU| nr-Mi- -ima goaillllUJial it—ibtj i. jmEiaaEiEiEjiaiiaal \rm rif\. »> limn [jijaiaijacia n-wmHca i t'ji ■i,h..-tptt ■■b.j ||;-„ME3Bai Q EXPORTS TO OTHER USA/CANADA CONNECTING AT TO PNW CANADA
      394 words