The Business Times, 3 July 1989

Microfilm: NL16672
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 MONDAY, JULY 3, 1989 75 CENTS
    11 words
  • Article
    Luxury goods traders face competition from Japan
    633 1  -  SINGAPORE RETAILERS, AGENTS SCRAMBLE TO ADJUST PRICES By GENEVIEVE CUA MORE JAPANESE visitors are coming, but luxury goods traders who have seen soaring sales in the past year are bracing themselves for more competition this time from their biggest market, Japan. Prices of
    633 words
  • Article
    Japanese visitors give lift to tourist trade
    341 1 THE TOURIST TRADE is on an upswing, a prominent feature of which is the growing influx of Japanese visitors. Business has more than doubled for some travel agencies catering to the inbound Japanese. Creative Tours managing director Kaoru Nishimura said sales to Japanese
    341 words
  • Article
    Lock icon UN to ensure safety of boat people
    119 1 AFP THE UNITED NATIONS would ensure the safety of Vietnamese boat people who might be repatriated under an involuntary repatriation programme, a UN official said in Hongkong yesterday upon arrival to take over a local UN mission. Robert Van Leeuwen, the new chief
    AFP  -  119 words
  • Article
    S'pore-Thailand ties on sound footing: Wong Kan Seng
    210 1 BILATERAL relations between Singapore and Thailand are on sound footing and on a very broad base, reiterated Foreign Affairs Minister Wong Kan Seng yesterday. Pressed by Thai reporters to comment on the recent court decision in Singapore to imprison a Thai illegal
    210 words
  • Article, Illustration
    PAP women to play bigger role with their own wing
    492 1  -  By MARTIN SOONG THE RE-BIRTH of a formal political lobby for women in Singapore took place yesterday morning at the Singapore Conference Hall before more than 1,000 People s Action Party members, half of whom were men. With the inauguration
    492 words
  • Article
    Lock icon Capel lays off 110 employees
    146 1 Reuter UK STOCKBROKER James Capel has shed 110 jobs across a broad spectrum of activities as part of a costcutting exercise, say sources close to the company. Company officials were not available for comment. Rumours of the lay-offs had been circulating in the markets throughout
    Reuter  -  146 words
  • Article
    Lock icon PM Uno's political future hangs in the balance as Japanese go to the polls
    529 1 Reuter THE POLITICAL future of Prime Minister Sosuke Uno was on the line yesterday as voters in the Japanese capital went to the polls for crucial municipal elections. Enmeshed in a web of lurid sex scandals
    Reuter  -  529 words
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      Page 1 Advertisements Column 1
      225 1 Need a car or truck loan? W\YFOONG 737-7977 Wfcyfoong Mortgage And Finance (S) lad A wholly-owned subsidiary of I longkongßank 6 Claymore Hill #01-01. Claymore Plaza. Singapore 0922 MANAGEMENT CHRISTOPHER LORENZ spent a few months inside Electrolux, the acquisitive Swedish industrial group, observing at close hand the many organisational dilemmas
      225 words
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      Page 1 Advertisements Column 2
      202 1 More reports on the 22nd Asean Ministerial Mooting on BACK PAGE Focus, PAGE 10 China 4 Offer of leniency to protesters Malaysia 4 Military spending most variable UN report 5 World monetary reform Soviet Union 5 Racial strife could lead to disaster Asean Finance Corp 7 Ms2om-loan for Showa Cambodia
      202 words
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      Page 1 Advertisements Column 3
      112 1 Am wT.i WciCODIc 12 yean old OtHMRI by: cm itmm Th UMN2M East and west meet on our FLIGHTS EVERY MEALTIME ■4"X- f J.' W A 2 ■Ai* V-- //fcv. I t t m- i I fei V V f > ivwtli OUR MIXED MENU IS A SUPERB RECIPE FOR
      112 words
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  • MANAGEMENT
    • Article, Illustration
      Lock icon Bid to exploit an elusive balance
      1599 2  -  CHRISTOPHER LORENZ spent much of the past few months inside Electrolux, the acquisitive Swedish industrial group, observing at close hand the many organisational dilemmas created by its strategy of rapid globalisation. In the first of a six-part series, he outlines the ambiguous nature of
      FT  -  1,599 words
    • Article
      What businesses need to survive
      171 2 A BUSINESS needs flexibility, s fall-back plan and a knack for seizing opportunities to survive, a Member for Parliament said at the opening of the National Management Game last Friday at the Shangri-La Hotel. Yet these subjects get little treatment in management training, said Chay
      171 words
    • Article
      The importance of being well-mannered
      458 2  -  Spotlight on Management ■y TAN TIONG LIAT Tan Tktng Uat is a —trior manager with Emat 4 Whinnay Con- suttanta Pta Lid. A DECADE hat passed tinea the first courtesy campaign was launched. During this period, hotels, statutory boards and service organisations have supported the
      458 words
    • Article, Illustration
      Lock icon The rapid rise and fall off business fads
      1452 3  -  CHRISTOPHER LORENZ on corporate doctrines that have lost their glamour CHRISTOPHER LORENZ FT FOR THE past decade, large companies on both sides of the Atlantic have been shedding once-prized activities and going back to basics. Recently, the trend was joined by three
      FT  -  1,452 words
    • Article, Illustration
      FairPrice gets bigger and better
      786 3  -  By CHUANG PECK MING LIM HO SENG likes to point out that he needs only to push NTUC Fair Price's annual sales up by one per cent or so and the retail cooperative would make an extra $4 million in turnover. The general manager of
      786 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      125 2 Experience the special touch that only D-Scan teak fumitire can impart Household Lounge Office Ikxlroom Dining f K T. I mr ti I Conference Secretarial Beautiful teak a tapestry of natural hues, texture and lines. Full of character. And charm. Teak is trendy, cosy and distinguished. In style as well
      125 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      38 3 LAUNORY BUSINESS OPPORTUNITY Well Established, Growing and Profitable Commercial Laundry Business in Singapore and Malaysia for Sale/Merger or Capital Participation. Please write in Confidence to: The Advertiser Business Times Box No: ***** 422, Thomson Road, Singapore 1129. v
      38 words
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      Page 3 Advertisements Column 2
      106 3 With an additional weekly flight to Europe, more people will enjoy Lufthansa servioe. p 2*; I St p I —4 m 5 i w f sm pi fill SKS«P!if: r ft POM| 7 i m mvx?!A f .iP-vv >:? <* Starting July, Lufthansa will offer additional seats from Singapore to
      106 words
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  • ASIA-PACIFIC
    • Article
      Lock icon China's leaders offer leniency to protesters
      462 4 Party confident of military control over Beijing Reuter CONFIDENT OF ITS military control over Beijing, China's communist leadership yesterday offered leniency to student protesters and admitted serious corruption and indiscipline within the party and inequality of income. The People's Daily quoted Premier Li Peng
      Reuter  -  462 words
    • Article, Illustration
      Lock icon Baker has ambitious goals in Asia
      635 4 CHINA AND CAMBODIA EXPECTED TO DOMINATE AGENDA AFP US SECRETARY of State James Baker leaves for Asia today with ambitious goals dominated by the Cambodian conflict and clouded by events in China. Mr Baker is to attend the July 5-7 annual summit of foreign
      AFP  -  635 words
    • Article
      Lock icon Thai budget clears Lower House
      177 4 AFP THAILAND's budget for fiscal 1990, which begins on Oct 1, has sailed through its first reading in Parliament. The state-owned Thai News Agency (TNA) said on Saturday that the 335-billion-baht (US$l3.4 billion) budget for fiscal 1990 passed the Lower House late on Friday with
      AFP  -  177 words
    • Article
      Lock icon 'KL's military spending most variable in Asean'
      486 4 Bernama MALAYSIA'S military expenditure was the most variable in the Asean region from the mid-1970a to the mid-1960s,"building up its military from the oil windfall mainly to head off internal threats", an American scholar said in Washington. Professor David Denoon. in examining defence
      Bernama  -  486 words
    • Article
      Lock icon Brunei confirms Soviet feelers about ties
      117 4 AFP BRUNEI yesterdsy confirmed that it had received feelers from the Soviet Union about establishing diplomatic relations. "They started to ask us last year for the establishment of diplomatic tiee," a senior Brunei official said, adding that "we've told them that we are still
      AFP  -  117 words
    • Article
      Lock icon Ban on Marcos a sign of stability, says Manglapus
      291 4 AFP THE BAN on the return of exiled former preeident Ferdinand Marcos to the Philippines, deed or alive, is evidence that the Manila government ie stable. Foreign Secretary Raul Manglapus said yeeterday. He said: "H we were so unstable that the
      AFP  -  291 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1019 4 ARRIVALS Operator O+CVKm Hnw From AKL UU54 0020 CM8 MAS MH627 003S KUL SU soon 0040 LAX/NVT MAS MH601 0150 KU SU SQ401 0S55 CM# IAAT AUSY185 0615 •AH SU SQ407 0700 oa SU SQ405 0745 MRU SU SQ023 0755 AMS/80M SU SQ027 CPH/FtA SU SQ403 0035
      1,019 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      130 4 :>-{,;"$[%"&%<&./<:}<;&($>?]+-= An unforgettable cxpcncncc awaits you at The Belvedere this month. MINGLE WITH AMERICA'S GREATS AT THE BELVEDERE The sensational flavours of great America. Succumb to the delights of Oysters Rockefeller:, Prawns "Creole", Philadelphia Pepper Pot, New England Boiled Dinner, Mexican Enchiladas, Braised Lamb Shanks with Lentils, not to mention
      130 words
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      Page 4 Advertisements Column 2
      45 4 The butt no penon'i choice every TuoAf, TW*fa*. Somrdor mi **ta6m. Loriaf CkMB Airport at 22M boon md mi if if Later I. tanoo iMcntttMNi Airport Ac Mo«m| 4^. Call your Tnvd Agent or Air Cj/udi *t 7i2tSSS. A BREATH OF FRESH AIR Air Canada
      45 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      32 4 Doonesbury MRS.POCAJEUXTHS IS CAROL AT OUT- PATI&fT SUPPORT... i HOUMANifi&m PICKING UP FOR MXXSID(K a Sf». 1 ii, c »M!i 5M ?,s 1 A 52 2# BY GARRY TRUDEAU m !7fl VZ
      32 words
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  • REST OF THE WORLD
    • Article, Illustration
      Lock icon Racial strife could lead to disaster, warns Gorbachev
      526 5 Reuter WITH ETHNIC TENSION and regional nationalism rising in ,-Tnany areas of the Soviet Union, j president Mikhail Gorbachev has that the country could be »jfPoshed towards break-up and di;£dMSier. The Kremlin chief delivered -.;Jiis grim message in s radio and r
      Reuter  -  526 words
    • Article
      Lock icon New Greek government includes two leftists
      426 5 AFP GREEK Prime Minister-des-ignate Tzannis Tzannetakis of the conservative New Democracy Party named a government late on Satur•day that included two members of the Coalition of the Left and Progress, a grouping that is dominated by the Communist Party. The two Fotis Couvelis and
      AFP  -  426 words
    • Article
      Lock icon Labour takes clear lead in opinion polls
      188 5 AFP THE UK Labour Party is given a 10 per cent lead in popularity over the ruling Conservative Party in an opinion poll published by the Sunday Times. The poll gave Labour 47 points as against 43 last month, compared with 37 for
      AFP  -  188 words
    • Article
      Lock icon S African whites urged to report illegal black residents
      273 5 AFP THE South African government is to encourage whites to spy on their neighbours and report blacks who flout residential apartheid by living in areas earmarked by law for whites, a report yesterday said. The Johannesburg Sunday Star said the ruling
      AFP  -  273 words
    • Article
      Lock icon US computer makers form lobbying group
      191 5 AP NINE US computer companies say they are forming a lobbying group to work on policies "aimed at ensuring the long-term competitiveness of US systems makers". The founding members of the Computer Systems Policy Project are Apple Computer Inc. Compaq Computer Corp, Cray Research
      AP  -  191 words
    • Article
      Lock icon Communist states urged to join in reform of world monetary system
      554 5 UN REPORT ALSO CALLS FOR BIGGER DONATIONS AFP A REPORT to be issued today by a UN-backed think tank has called on the Soviet Union, China and major East European nations to participate in international monetary arrangements to pave
      AFP  -  554 words
  • Page 5 Advertisements
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      196 5 V\tt I 1A s v vV V > > v t > :i w. v Y >/> K J ■J^:l C&. A n> K V 3 •iri -v •> v /i V, p H ,'JS *> •■>s£r 1 ,SIV» Vf, <5 <M ZS m vjY? 11 S v,^ A i
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      154 5 City Max/ Auckland Bahrain Bangkok Barbados Barlin Barmwda Bonn Brisbane Brvntts Budapest Buanos Aires Cairo Colgory Canberra Caracas Chicago Copltogen Darwin DwbNn Frankfurt Geneva Singapore OUTLOOK: Showers aver Mvtril areaa in ••port for 24 hours prior to 7.30pm on July 2 at tt* airport: Mm tamp. 32.0 Min tamp 23.0
      154 words
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  • MONEY AND EXCHANGES
    • Article, Illustration
      Lock icon Poehl casts doubt on European central bank
      381 6 DIFFERENCES OVER MONETARY UNION FT KARL OTTO POEHL, president of the West German Bundesbank, has cast doubt on whether the Bonn Parliament would agree to the transfer abroad of sovereignty over monetary policy necessary for establishment of a European central bank. His remarks,
      FT  -  381 words
    • Article
      Lock icon Holland to ease curbs on banking and insurance
      225 6 Reuter THE DUTCH GOVERNMENT plant to remove curbs on Dutch banks and insurers which bar them from investing in each other's equity and limit their rights to cooperate with competitors abroad. Finance Minister On no Ruding said in a letter to Parliament
      Reuter  -  225 words
    • Article
      Asian dollar market
      213 6 ASIAN CUMENCY avorago Ft deposit rotas for 4w wttli n rl, d •HGfO Km 30 1 Mni 7 7/14 7 3 months 7 7/14 7 4 northt 7 5/14 4 7/8 MO 1 *MCCS 12 man* 0M 7 3/14 4 13/14 mi Law 7 days 9/14 9
      213 words
    • Article
      Lock icon Brazil devalues currency and takes action to heal economy
      284 6 AFP BRAZIL is devaluing its currency by 12 per cent, centralising exchange transactions and creating a Treasury bond tied to exchange rates in a bid to conserve foreign reserves and keep up payments on its US$ll2 billion foreign debt. Finance Minister
      AFP  -  284 words
    • Article
      Short-term money
      32 6 Th« range of call rot*s for iho wMk •ndod Saturday, My 1 i tank fund 1 57 Got fund OJ 5 .A3 of funds M)1400m Source: Short Deposits (M) Bhd
      32 words
    • Article
      Lock icon Forex markets
      852 6 AFP MOST ASIAN CURRENCIES weakened against a revived dollar last week, with the Japanese yen driven down sharply by political uncertainty at home and the Philippine peso hittinQ a new three year-low. Bucking the trend were the Taiwan dollar which appreciated slightly against the greenback and the Malaysian
      AFP  -  852 words
    • Article, Illustration
      Lock icon Government Securities Market
      239 6 Source: CS FIRST BOSTON (SINGAPORE) LIMITED THE Government bond market saw active trading last week, with prices closing generally higher ahead of the half year-end closing on 30 June. The strong undertone was boosted by the strength of the US treasuries as well as technically by a
      Source: CS FIRST BOSTON (SINGAPORE) LIMITED  -  239 words
    • Article
      Comex gold/silver futures
      151 6 Gold futures on June 30, 1989 too My owe* USS par toy no Opo« Lot Mh M ***** ***** ***** ***** 340 A-g ***** 379JO 37X70 377.30 X40 Oct ***** 30X70 37X00 301 JO 305*40 X40 Ok 383.30 Tttrm 30X00 X40 Nfc 90 307.90 ***** 307.60 309JO
      151 words
    • Article
      Quotation of Singapore Government Stocks as at Jun 30, 1989
      404 6 4 Interest Number Indicative Grose Coupon A middle price Maturity Y ear rata Amount payment of days of accrued (excluding redemption wi*IH niiOQ ccrued i teres!) (*P«) dataa interest a ii (%P«) 1.7.89 Loan 1 1974 6 1/4* 86.65 1/1
      404 words
    • Article
      Lock icon Gold & Financial futures
      475 6 Gold Financial futures Source: Sin Huat Bullion Pte Ltd LAST Thursday, LocoLondon Gold prices declined rapidly in a delayed reaction to the previous day's report that US May Leading Indicators had dropped a larger than expected 1.2 per cent. Traders sold the metal went down as low as U*****.90/389.40 on
      Source: Sin Huat Bullion Pte Ltd  -  475 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      151 6 '>'/ A i *rT? Packing a work of art is a work of art The key to successful moving is perfect packing We specialise in packing and moving delicate and valuable items. In fact, just the sort of things you've probably been collecting here. Two thirds of our staff are
      151 words
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  • BANKING AND FINANCE
    • SMALL CHANGE
      • Article
        A break in the rat race
        62 7 Many business executives say our financial district is a ghost town at night. But a stroll down Raffles Place MRT station after dark shows otherwise. The place has become a popular spot for young couples, clearly enjoying the cool evening air. Also frequenting the
        62 words
      • Article
        Misleading advertisement
        92 7 A commercial bank recently tried to hire some senior officers for its fund management department. It stated in an advertisement that the successful candidates will be responsible "for setting up the department But a check shows that this bank received its fund management licence a few years ago
        92 words
    • Article
      Lock icon Foreign private yen bond trade slows
      720 7 MAJOR JAPANESE BANKS CAUGHT IN DILEMMA Reuter MAJOR JAPANESE city banks, which struck it big in recent years by underwriting a flood of private placement yen bonds issued by foreigners, are seeing business slow to a trickle, banking sources said. "We are caught in
      Reuter  -  720 words
    • Article, Illustration
      Prime lending rates
      494 7 Indicates the average of the prime lending rates of 12 major banks In B'pore PLR of banks at the close of business on Friday, June 30 as supplied by the Association of Banks in Singapore: BANK PLR ABN Bonk 6% Allied Irish Bonk PLC 6ft American Express
      494 words
    • Article
      Lock icon Mexico's banks unlikely to improve latest offer
      402 7 Reuter MEXICO'S 15-member commercial bank advisory committee will not raise its latest offer of a 30 per cent discount on the country's US$54 billion medium- and long-term bank debt. British bankers said on Friday that the committee's position could lead to a hiatus
      Reuter  -  402 words
    • Article
      Lock icon Merger may be delayed yet
      111 7 Reuter UNION MEMBERS at the now state-owned Postbank NV have not yet fully approved the merger plana of their bank with Nederlandsche Middenatanda Bank NV and could delay the merger, a union spokesman said. "It's not a definitive 'No', it's a 'No. unlees'," said Dick
      Reuter  -  111 words
    • Article
      Lock icon Interest rate swap dispute ends in UK courts
      205 7 Reuter A YEAR-LONG DISPUTE over British local authorities' right to deal in the interest rate swap market is reaching the courts after the government reiterated its refusal to legislate on the matter. Environment Secretary Nicholas Ridley recently told banks, which face potential
      Reuter  -  205 words
    • Article
      AFC arranges M$20m loan for Showa
      298 7  -  FUNDS PROVIDED BY GREAT EASTERN LIFE By SOH TIANG KENG Financial Correspondent ASEAN FINANCE Corporation, a Smgapore-basad merchant bank, has arranged a MS2O million syndicated loan for Showa Leasing (Malaysia). Funds for this three-year facility are being provided by Great Eastern Life Insurance Company,
      298 words
    • Article
      Lock icon Islamic bank may set up branch in KL
      161 7 Bernama A PRIVATE Islamic bank based in Saudi Arabia has shown interest in setting up a branch in Malaysia. The bank, which has branches in several Islamic countries, Europe and North America, submitted its proposals to Bank Negara and to the Finance
      Bernama  -  161 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      246 7 The sort of meeting room you can look forward to at Saujana. Not many hotels in Malaysia can claim to have a pair of guests and ot championship golf courses practically sitting in their backyard. For tl But then, not many hotels in Malaysia are like Hyatt Saujana. tive and
      246 words
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  • COMMODITIES
    • Article
      Lock icon Coffee price negotiations enter critical stage today
      406 8 INTERNATIONAL PACT IN DANGER OF COLLAPSE Reuter AN INTERNATIONAL agreement which stabilises world coffee prices could fall apart today, leaving the commodity at the mercy of a free market in which prices are likely to tumble. Low prices would squeeze debt-laden Third World
      Reuter  -  406 words
    • Article
      Lock icon Nigeria selling 20pc oil equity stake in bid to raise cash
      442 8 Reuter NIGERIA said on Friday that it was selling an oil equity stake equivalent to about one-tenth of its total reserves, raising much needed cash and freeing resources to boost energy industry development. "We have to invest at the
      Reuter  -  442 words
    • Article
      Lock icon Indon minister has reservations about next Opec meeting
      161 8 AFP INDONESIAN Mines and Energy Minister Ginanjar Kartasasmita has expressed doubts that a planned Opec meeting in Paris in September would be able to set a permanent oil supply quota for its members. "I cannot say I am optimistic that we will
      AFP  -  161 words
    • Article
      Lock icon China's tea exports to Japan make up 73pc of market
      213 8 Reuter CHINA'S tea exports to Japan in calendar 1988 were 10,766 tonnes, accounting for 73 per cent of the market, the newspaper Economic Information said. But in a report from its Tokyo office, it said current tea stocks in Japan
      Reuter  -  213 words
    • Article
      Lock icon New Asian LNG supplier comes on line in Australia
      544 8 AFP ASIA'S newest supplier of liquefied natural gas (LNG), the Asl2 billion (US$9 billion) North West Shelf project, is readying its first shipments, Woodside Petroleum Ltd said in Sydney yesterday. Production, which began at a trickle last week, has reached 5,000
      AFP  -  544 words
    • Article
      Lock icon Coffee nervous on fears of return to free market
      742 8 WEEKLY COMMODITY REPORT AFP THE COFFEE MARKET showed extreme nervousness over the past week, with prices falling to their lowest level for 10 months on pessimism over the survival of the international agreement which expires in September. Market operators fear a
      AFP  -  742 words
    • Article
      London markets
      245 8 London Commodity Exchange Buyer/Seller dosing prices on June 30 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Bosh ln-stor« London, option OF London M 1015/1020 (1005/1008) High/Low 1034/1005 s. P 1010/1013 (1005/1010) High/Low 1033/995 Solas (3481) Cocoa Jul 822/823 (821/822) High/Low 822/812 S*P 851/853 (847/848 High/Low 853/834
      245 words
    • Article
      Palm Oil
      165 8 PORLA prices for June 30 Crude palm oil All trodot in M$/tonno union ofhorwiso statodi on dolivi •rod bods illl Narth 827.50 832.50 CnM 1 Cm* 819.00 821.00 828.00 Palm ko< mat ai-mMI Month North leak Control E Cooat Awwji M 557.50 552.00 562.00 547JO Aug 550.00 564.00
      165 words
    • Article
      RUBBER
      25 8 f 4 Bgfc Closing pricas b ar Dot* S canta/kg 180.75 179.00 179.00 181.00 181-75 M canfi/hg 256.00 2540)0 254.00 255.30 256.00 rrrrr 838*38
      25 words
    • Article
      KL TIN
      35 8 kit* Oodng priea* M$Af II una 26 f/m 26.30 1 1 wm 27 26.49 53 J j um 28 26-57 119 i j wm 29 26.50 83 i wn« 30 26-50 99 I
      35 words
    • Article
      Lock icon Wheat
      177 8 Reuter CBT wheat futures closed lower on Friday, undermined by harvest pressure and forecasts of hot, dry weather over the weekend, floor sources said. Traders noted that there had been talk in the market of possible grain sales to the Soviet Union but said this speculation had already been
      Reuter  -  177 words
    • Article
      Lock icon Soybean
      162 8 Reuter CBT soybean futures finished firm on Friday, pushed higher in brisk trading by short covering ahead of stocks report and forecasts of hot weekend weather, floor sources said. Forecasters predicted dry conditions in crop producing areas. The possibility of heatwave damage Ip newly planted soybeans kept prices strong
      Reuter  -  162 words
    • Article
      Lock icon Crude Oil and Products
      132 8 Telerate FUEL OIL PRICES were little changed through the week. Buy-sell indications hover at $85-89 mt fob/cif Sing for most of the week. Volume of trade was thin as the crude mar- ket's ups and downs kept many players sidelined. The lack of prompt storage and
      Telerate  -  132 words
    • Article
      Produce Prices
      123 8 Chinese Produce Exchange Sollora' noon doting pricot on Jul 1 (SS/100 kg) Coconut oil Mk FOB 105.00 OMdnmFOI 115.00 Now drum FOB 119.00 Copra Mixed (loot*) 61.00 Pepper Coffee AH FOB NSW AF2 FOB NSW BC1 FOB NSW Robwtfa 20/25% FOB NSW Nutmeg 110 FOB NSW BWF FOB
      123 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      215 8 BUSINESS WILL A V A AT THE 9 Show November 2-5,1989 The International Exhibition of Audio and Video Equipment World Trade Centre, Singapore training aid, conference systems, and more. The Organizers, who are among the pioneers in Singapore's successful exhibition industry, will provide everything you need, including Sound Rooms and
      215 words
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      Page 8 Advertisements Column 2
      0 8 !`")>"\|'`-`&_^{%+},'"=">@:<|-@
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      311 9 Thank Ibu. An Open Letter To All Mmi Scribe Employees, And to The Country Of Singapore. July 1, 1989 Dear Friends, First, wdd like to take the opportunity to thank our Mmi Scribe employees an exceptionally talented group of people we consider the Jinest in our industry, and with whom
      311 words
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  • FOCUS
    • Article
      The need for a consensus on Cambodia looms large
      1124 10  -  The Cambodian problem has been the main regional political concern at the annual meeting of Asean foreign ministers for a decade. The ministers meet this year in Brunei at a time when the issue appears to be heading for a settlement
      1,124 words
    • Article, Illustration
      The Prince's struggle for a just settlement
      862 10 ASEAN's support for the resistance forces of Cambodia was once indisputably the leading factor in swinging votes in the halls of the UN. 1 But now the international scene appears doubtful of this possibility. Asean members themselves are concerned about differing views on
      862 words
    • Article, Illustration
      Lock icon Brunei gears up for Asean conference
      471 10 AFP TINY BRUNEI took on a giant task by agreeing to host the week-long meetings of the six members of Asean and the industralised countries which are their traditional dialogue partners. In a capital city with only one international chain hotel, Brunei had to
      AFP  -  471 words
    • Article, Illustration
      Lock icon China celebrates, but with a close eye on students
      1008 11 NYT CHINA celebrated the 68th anniversary of the founding of its Communist Party last Saturday with songs and dances, special television programmes and even the re-opening of some tourist sites and parks bordering Beijing's Tiananmen Square. The square had been closed
      NYT  -  1,008 words
    • Article
      Lock icon In Chinese politics, nepotism rules
      1336 11 NYT WHEN THE Reagan Administration complained about China's sale of missiles to Iran and Saudi Arabia over the past two years, Chinese officials disclaimed responsibility, saying the arms dealers were "freelancing", according to diplomats involved in the talks. "What can you do? It's the Kids,"
      NYT  -  1,336 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      92 10 Lifting the lid on a fresh Cantonese experience. Enter the Loong Yuen. One of Hong cfjzt Kong's acclaimed Cantonese chefs, Fok Kam mvSir' k. on brings his expertise to Holiday Inn Park LUC/NO p View's newest restaurant. All the delicate WUENK pleasures of Cantonese cuisine and distincdy modern, spacious dining
      92 words
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      Page 11 Advertisements Column 1
      90 11 a DYNAMIC, CREATIVE, PROFIT-ORIENTED Corporation in International 5ingap0re.........1990s Early Birds Breakfast C J person/s ♦Sundowners. Cocktail/Buffet person/s To avoid disappointments, call us at *****90 or *****48 Registration will be on a first-come-first-serve basis m M Subsidiary Company: PSYCHOLOGICAL TESTING SERVICES IVIUI CONSULTANTS (PTE) LTD I would like to register person(s)
      90 words
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      Page 11 Advertisements Column 2
      76 11 Thai flies non-stop to Bangkok 3 times a day, everyday —365 days a year. Flying to Bangkok is easier with Thai. With three convenientlytimed departures per day, everyday 365 days a year. And our smooth-running schedule quite naturally extends into smooth service. Because we believe that the personal touch can
      76 words
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  • PERSPECTIVE
    • Article, Illustration
      Lock icon Japanese women emerging
      915 12 Women are playing bigger roles in their respective societies today in politics, business as well as the armed forces. In Japan, they have been receiving more attention than usual lately. In the United States, they are questioning their involvement in top policy-making, and in Israel, they are
      FT  -  915 words
    • Article, Illustration
      Lock icon US: Top-level policy making still man's world
      601 12 UPI WOMEN who hold vaunted positions in the US federal government often are not apt to complain about slights while in office. But sometimes their parting shots hit home. When commerce secretary Juanita Kreps left the Carter Administration she said that maybe she
      UPI  -  601 words
    • Article
      Fireworks booming in US but future supplies may fizzle
      413 12 US INDEPENDENCE DAY US IMPORTERS are getting headaches worrying about future festivities while millions of Americans set off firecrackers and admire Independence Day fireworks displays. "There certainly is considerable concern for the 1990 season," says John Conkling, executive director of the
      413 words
    • Article
      Lock icon US braces for fireworks accidents
      619 12 UPI AS AMERICANS PLAN their Fourth of July festivities, doctors brace for an onslaught of scorched hands, lacerated arms, punctured eyes and other injuries from fireworks' accidents that mar each year's celebration. "I would call it a pretty significant problem," said Or Jeffrey Sacks of
      UPI  -  619 words
    • Article, Illustration
      Lock icon Israel's women in the army
      377 12 AFP THREE HELMETED WOMEN emerge from the dust and smoke left behind by the Merkava tank they have just taken on a training run. Haguit, Haya and Semadar are tank instructors at an army base near Nablus in the north of the occupied West Bank.
      AFP  -  377 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      28 12 BrIStJW: Txuik Ehc&eus I I'm sofcfcy SOO'u. rm 'fi '2&fi£5 l W«s D6PIUM& WITH -THBT P>r4D we.'So» w vHOUDP\WS- .-.j Tvw'S mg. JoNes p»G»€DN,Vm WfcP^D .T.HA -V.>^r.rTC" 3
      28 words
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  • THE ARTS
    • Article
      Water, water everywhere...
      885 13  -  ART By CHARLES SAVAGE river or stream this is how it begins where water flows oil sprinkle paper moist paints dabble brush poised OIL AND WATER don't mix, but Lin Hsin Hsin is trying to turn oil into water. "Where Water Flows", her Deutsche Bank-sponsored exhibition of
      885 words
    • Article, Illustration
      Lock icon Double coup for Solzhenitsyn
      794 13 BOOKS NYT AN AUTHOR'S old books rarely make news, but Aleksandr Solzhenitsyn, the Nobel Prize-winning Soviet writer now living in the US, is about to score a double coup. Not only has a revised edition of Solzhenitsyn's 1972 best-selling novel, August 1914, been published in the
      NYT  -  794 words
    • Article, Illustration
      Wash-board: scrub, powder, foam, lave
      83 13  -  by Lin Hsin Hsin clothes you've worn are now dirty wash board on which, you turn the tap on water runs rub, scrub dirty water flows in front more water more rube, more scrubs drips, scrub water splashes, where? on your washing board on your
      83 words
    • Article, Illustration
      Lock icon Timid literary hero rides out troubled times
      706 14 PERSONALITIES Reuter "A WRITER must write against the grain, against the spirit of the time, to say forbidden things," said Czechoslovak novelist Bohumil Hrabal. "But I am the timid hero. For me just to live is an act of courage." he said recently
      Reuter  -  706 words
    • Article, Illustration
      Patricia Mcßride takes a bow for the last time
      1069 15 DANCE HER HAIR is streaked with grey, but her smile is as brilliant as ever. Her figure might be that of a ballerina 20 years younger than she. but Patricia Mcßride is near 47. Now after a career of three decades,
      1,069 words
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      222 13 wmmmmm I i '.II I I 'II I 'l« >1 I Ml' I I I Uhllil i \r I t•« >\| ',11 I I Mill II I I I t v '•i \r« »m I i i \l> >r t li\ ii I. I m I I'M i Wiiii /mi
      222 words
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  • Page 14 Advertisements
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      830 14 COURyOISIER VS.O.P-WHEEE TC ENTERTAIN THE MOST WONDROUS BUFFET LUNCH IN TOWN Enjoy a gourmet buffet luncheon at an ungourmet price! For starters, take your pick of our cold dishes prawns on ice. fresh oysters, smoked salmon, melon and dried ham vegetable terrine. mixed seafood salad cooked assorted vegetables and homemode
      830 words
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      Page 14 Advertisements Column 2
      219 14 BEIJING CIMNEAS NEVER BEFORE Hoar Savour authentic Braised Duck with Yellow-Wine to your hearts content But remember to leave room for Betiing Vegetarian Goose Drunken Chicken. Baked Tench. Shark s Fm with Crab Meat. Baked Lotus Paste Pie Or any of our many choice offerings It's the Pine Courts renowned
      219 words
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  • Page 15 Advertisements
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      235 15 Set Lunches And Dinners Are Delightfully Different In The Park. Each day the Cafe-in-The-Park offers both a Western and local-style set lunch and dinner. However, unlike other restaurants, we offer a different menu each day, so you U never see the same menu twice in two weeks. Lunch: 11.30pm to
      235 words
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      Page 15 Advertisements Column 2
      25 15 QUALITY DIPLOME ts Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. ■Jm 4 COGNAC COURVOISIER
      25 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      658 15 CRYPTIC PUZZLE ACROSS 1 See a light holder (5) 6 Said to change direction to left or right (5) 9 Place for a flight or a trip, maybe (7) 10 Garment lost? (5) 11 Machine that seems a bit terrible to me! (5) 12 Do but suspect, possibly (5) 13
      658 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1394 15 TV and RADIO Family woes OUR CHOICE LONG DAY'S JOURNEY INTO NIGHT, 10.30pm f SBC 12 Sidney Lumet directs what is considered a faithful adaptation of Eugene O'Neill's detailed study of family life in the 1910's. Largely an autobiographical account it has Katharine Hepburn portraying the dope-addicted mother. Ralph Richardson
      1,394 words
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  • SPORTS
    • Article, Illustration
      Lock icon McEnroe survives threats, vows to live up to promise
      738 16 IgfMBLEDON AFP JOHN McENROE, despite three anonymous desth threats, safely survived the first week's play at Wimbledon and then said he was not worried about having to take off his shorts in front of the centra court crowd. The 30-year-old American,
      AFP  -  738 words
    • Article
      Tenacious Adidas gets off to a promising start
      430 16  -  TENNIS By D SURENDREN ADIDAS TEAM TENNIS got Off to the best possible start at Kallang for sponsors Edco Sports. Their team leads the points standings by an eight-point margin over their nearest rivals, Robertson Wilson. On Saturday s and Sunday's leg
      430 words
    • Article, Illustration
      Lock icon Practice pays off for Nick Faldo
      476 16 GOLF AFP NICK FALOO's extra hours on the practice green finally paid off when he shot a course record equalling six under par 64 to move to within two shots of the lead after the third round of the French Open in Chantilly on
      AFP  -  476 words
    • Article
      Lock icon Jacobsen on way to avenge loss
      441 16 AFP PETER JACOBSEN, seeking to avenge his loss in Oak Brook, Illinois, on the final day last year, shot a third straight three-under-par 69 on Saturday and moved to within a shot of the lead with one round to play in the US$l million
      AFP  -  441 words
    • Article, Illustration
      Colonial Chief bags Cup
      331 16  -  SINGAPORE GOLD CUP By JEROME FANDOR RED-HOT favourite Colonial Chief romped home to win the $400,000 Singapore Gold Cup yesterday. The Hongkong Cup hero annihilated the opposition, winning by 4 1/2 lengths to give trainer. Ivan Allan, a record eighth Singapore Gold Cup. An early morning
      331 words
    • Article
      Lock icon Shorter but richer, faster and tougher
      395 16 Reuter TRUE to its tradition as a sporting phenomenon prompting superlatives, the Tour de France which began on Saturday will be the richest, almost certainly the fastest and, perhaps oddly, one of the shortest. The 198 riders from 20 nations taking part compete for
      Reuter  -  395 words
    • Article
      Tony Chen clinches top spot
      367 16 MOTOR-RALLY THROBBING PORSCHES went on the snake trail all over the island in the Porsche Shell Yokohama Rally yesterday. In the end, it was the hot driving of the cool Tony Chen that won him the top spot. Tony, together with navigator Alan Tsang, burnt
      367 words
    • Article
      Lock icon Breukink takes Tour de France prologue
      139 16 CYCLING AP ERIC BREUKINK of the Netherlands won the prologue of the 23-day Tour de France cycling race on Saturday while defending champion Pedro Delgado of Spain turned up late at the starting line and finished almost three minutes behind. The 76th edition of
      AP  -  139 words
  • Page 16 Advertisements
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      86 16 -v: v -w2*esa oITX^ V. -J ir rrr^- 1 3 fe-; D fV >- r'-.'g* i 1 ir,£^< C-- '<sT'iiM-'' Bfcvi <£* V ter,l? if i i aa". c?S^f /A K •Ti Please include me as a subscriber for: 6 mths 5560.00 Iyr SSI2O 00 2 yrs 5J240.00 Msll 0.00
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  • COMPANIES & STOCK MARKETS
    • Article
      Apollo Enterprises gets five new directors
      358 17 SHAREHOLDERS of Apollo Enterprises Ltd have picked their new directors, more than two months after the Hong Leong group failed in its takeover bid for the shares in Apollo it does not own. At the annual general meeting on June 23. shareholders elected Mr
      358 words
    • Article
      DIVIDENDS ANNOUNCED
      829 17 C*rr«fl» Ex Books Data Total tor Total tor payment data cioee payable Iw yttr Mytar Awcol 10% Jon 14 Jun 28 Jul 12 10% 9 l%lal Ariatte Dev 3.5% May 22 Jun 5 Jul 4 55% 5% Avfcno I0%TE(II Oct 16 Oct 26 No* 15 I0%TE 25%TE B
      829 words
    • Article
      Consplant to buy edible oil company for $25 million
      346 17 CONSOLIDATED Plantations, the plantation arm of the Sime Darby group, has struck a deal to buy an edible oil company for $24.95 million. The seller Sime Darby Edible Products Ltd (SDEPL) is also a member of the conglomerate. It belongs to
      346 words
    • Article
      APPROVED ISSUES
      229 17 Company RIGHTS ISSUE Chuan Hup One-tor two unsecured Hootmg rale notes with on* TSt at $1 05 per she Ex data- June 9 Books ctote: June 21 Acceptance I Poyment July 31 Hotel Prop One tor two $110 P«' shore wit on# detochobl* warrant Ex dote My 17
      229 words
    • Article
      PROPOSED ISSUES
      374 17 Company RIGHTS ISSUE Alcom Copalol reduction fro* Mjfll 56 to M$I63I« through a write dowfi of M)l por volue >o M$0 20, followed by the comoixiotion of five of the 20 sen shore mto one shore of M$l eoch lights issue of threetor-one M|080 Ayer Hitain Tin One
      374 words
    • Article
      Lock icon New markets for 2-piece cans
      86 17 Bernama KIAN JOO Can Factory Bhd, one of the largest Malaysian manufacturers of 2-piece aluminium cans, will export about nine million pieces of cans to Vietnam and Brunei from its new plant in Batu Caves It said the plant, which was completed recently. will deliver
      Bernama  -  86 words
    • Article
      Parkway asked to take up only 70pc stake in Penang Medical Centre
      296 17 PARKWAY HOLCMNGS has been asked by the Malaysian Foreign Investment Committee to take up 70 per cent instead of 100 per cent of the Penang Medical Centre (PMC). Parkway originally intended to acquire the entire 8.1 million shares
      296 words
    • Article, Illustration
      ASM acquires KL 'Golden Triangle' property for M$65m
      455 17  -  By HERMAN PHUA AMALGAMATED STEEL Mills Bhd. a member of the Lion group, has acquired a piece of prime commercial property in Kuala Lumpur's "Golden Triangle" for M 564.56 million. The 3.8-acre freehold property in Jalan Ampang will be developed into an
      455 words
    • Article
      Lock icon Malaysian Resources to be relisted soon
      249 17 MBT MALAYSIAN Resources Corp will be.re-quoted on the Kuala Lumpur Stock Exchange by the third week of July following the completion of its financial restructuring scheme. The property-based group requested a suspension on June 22. Chief executive officer Subimal Sen Gupta said after the
      MBT  -  249 words
    • Article
      Lock icon Insas reaches settlement with creditor bank
      521 17 MBT INSAS BHD, formeriy Paper Products, which is embroiled in a legal dispute with its major loan creditors, Perwira Habib Bank, over loans in excess of MslB million, has reached a "significant and satisfactory settlement" with the bank. If all goes well, the group
      MBT  -  521 words
    • Article
      Lock icon Ailing Everpeace sees no end in sight to woes
      239 17 Bernama EVERPEACE Corporation Bhd, the ailing investment holding company in dire need of a capital injection, does not see the light at the end of the tunnel as yet. Several interested parties were recently said to be negotiating in a bid
      Bernama  -  239 words
    • Article
      Lock icon Pegi (M) expects to return to the black in current year
      195 17 Bernama PEGI MALAYSIA Bhd expects to return to profitability in the cur- rent financial year and will con- centrate on its first major j property project worth Ms6o mil- lion. Chairman Mohd Asri Bin Abdul Ghafar said after the
      Bernama  -  195 words
    • SES
      • Article, Illustration
        Market expected to remain above ST-1,300
        1675 18  -  r Singapore P d By JOSEPHINE CHAN HAVING RISEN steadily to a poet-Crash high in spite of turbulence in overseas markets, the local bourse looks fit in its fight to stay above the ST-1,300 thie week A market forecast by UOB Securities said it
        1,675 words
    • Article
      SES SHARE INFORMATION
      6181 18 Wg* 1,## L4m Tol Coda Company Last Sola 4-or-Vol (•089) We Mgh ok Low 1 LMt Qo kiyer 8< oto tiler Qr*a Otv Olv Cvr Qr*a Y*M Nat P/E M Cap DEBBfTUMES, ONOS, LOANS j un at 284 45* 87* 66 71* 81* 17* 44* 94 86
      6,181 words
    • MARKET REVIEWS
      • Article, Illustration
        Lock icon Bargain-hunting helps market to close higher
        796 19 H t j Hongkong y DBS Securities LAST WEEK, as China seemingly returned to order. Hongkong share prices held their ground in quiet trading. The Hang Seng Index was locked between 2,210 and 2,290 and closed nearer the upper end at 2,273. The week
        DBS Securities  -  796 words
      • Article
        Lock icon Year-end position squaring offsets US fall
        274 19 Wi ;Al Sydney M j AFP THE Australian share market finished the week in a stampede of options-related trading and end-of-financial-year book squaring. Brokers said that position squaring by institutions on the close of equity traded options fuelled much of the week's activity and
        AFP  -  274 words
      • Article
        Lock icon Window-dressing activity mixed with light selling
        624 19 mW K.Lumpur j MBT WINDOW-DRESSING activity interspersed with light selling resulted in a mixed to firmer cloee at the Kuala Lumpur stock market last week. Hefty gains were posted by selected industrial, finance and property stocks. Trading was slow initially but picked up substantially
        MBT  -  624 words
      • Article
        CORPORATE ROUNDUP
        612 19  -  Week ended June 30 Compiled by JULIANA TAY SCRIP ISSUES Ayer Hit am Tin.- Proposed rights issue of one-for-three at M 51.30 per shore M Credit: Proposed bonus issue of one-for-three Pedis Plant: Proposed bonus issue of one-for-three U I G Rights issue of one-for-two at $1 50
        612 words
      • Article
        The skeletons still rattle
        867 20 New York FOR ONCE, American investors appear to be too gloomy. Suddenly the market commentaries are screeching about recession and Wall Street analysts are rationalising the sudden collapse of equity prices as a response to the falls in durable goods orders and leading indicators just announced.
        867 words
      • Article
        Bad news drives out good
        845 20  -  T— 1 iml London %LL-A J By RAY HEATH THE INTEREST RATE weapon is still pointed at the heart of the London equity market. Any sign that Chancellor Nigel Lawson's finger is whitening on the trigger sends investors scurrying for cover, and the end of
        845 words
      • Article
        Lock icon The company is not for sale, Time chief reiterates
        288 20 AP TIME Inc shareholders have re-elected a slate of four incumbent directors, including chairman Richard Munro. who reiterated the management's opposition to a US$l2.2 billion hostile buyout offer from Paramount Communications Inc and also to advances by any other potential suitors.
        AP  -  288 words
      • Article
        Lock icon The defence of the deutschemark — and the indifference of Bonn market
        549 20  - The defence of the deutschemark and the indifference of Bonn market HP By RICHARD HARRIS Enskilda Securities THE GERMAN Bundesbank provided some entertainment last week by initiating the joint effort by various European central banks to push interest rates up to the current levels. The move by the Bundesbank came
        Enskilda Securities  -  549 words
      • Article
        Lock icon Nikkei indicator falls victim to political uncertainty
        445 20 pi Tokyo AFP JAPANESE share prices fell sharply in extremely thin trading last week amid growing investor concern over political uncertainty, fuelled by reports that Prime Minister Sousuke Uno had offered to resign. The Nikkei Stock Average lost 582.02 yen, closing the week
        AFP  -  445 words
      • Article
        Lock icon Pickens admits overlooking background of speculator behind Japanese deal
        334 20 AFP TEXAN OILMAN, corporate raider and political aspirant T Boone Pickens said that he had overlooked the past activities of the Japanese speculator behind his controversial foray into the Tokyo stock market. "I probably didn't consider that," Mr Pickens said, referring
        AFP  -  334 words
      • Article
        BONDS, LOANS & WARRANTS
        778 20 BONDS, LOANS WARRANTS CwnpiHy U+yl CoapoM CmnhIm ported MM«I 1 I t IMtHrPy <%> peyeM* •ere 4m CK Tono Wrti *****990 Anytime to May 31. 1990 1 warrant plus $2.25 cosh. Chuon Hup Wrti 1991 Anytime on or oHer March 1.56 warrants plus $1 55 cash 1967 until Dec 31.
        778 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks close sharply lower
        744 21 N«w York Reuter CONCERN that the US economy is heading for a recession and programrelated selling joined forces to send Wall Street stocks tumbling on Friday for the third straight session, market analysts said. The sell-off in shares came on a day when investors sought to
        Reuter  -  744 words
      • Article, Illustration
        Lock icon Equities finish lower
        922 21 London Reuter A LARGER-THAN-EXPECTED early (all on Wall Street saw an already weak UK stock market move lower in late trading on Friday, with fund managers keeping to the sidelines on the last day of the quarter and of the account. "It's been awfully dull," one equity
        Reuter  -  922 words
      • Article
        Lock icon Newgateway raises takeover offer for Gateway
        263 21 UPI THE takeover battle for the Gateway Corp, Britain's third largest supermarket chain, entered its final phase on Friday as Newgateway. the favoured bidder, raised its offer to 242 pence (U553.75) per share. Newgateway's offer, which the US-backed consortium declared final, was an increase
        UPI  -  263 words
      • Article
        Untitled
        1010 21 Amsterdam JUNE M FU ABM 42 9 unch Aogon MS -04 Ahotd lit 1 -0.7 Ahzo 144.4 -09 Akonta 1630 -03 AMEV 541 1 496.9 AMRO 83 3 -03 Am. Stad 14*9 1 BOLS 147.5 ♦as Borvumy 1310 -25 Buehmwi TtH rod* 99 9 -03 C«lv« CSM MS Via 72
        1,010 words
      • Article
        Lock icon Houston investor continues to have magic touch
        890 21 NYT A HOUSTON FINANCIER. Gordon A Cain, teamed up with some big Wall Street inatitutiona laat year in reaping capital gains of legendary proportions Laat apring, the group received US$l.25 billion in caah on an original investment of US$24 million from the sale
        NYT  -  890 words
      • Article
        Lock icon News Corp sells book publishers to pay off debts
        317 21 AP RUPERT MURDOCH'S News Corp Ltd has raised US$2.2 billion to pay off debts by selling publishing properties, including US$l.3 billion from the sale of book publishers to a newlyformed firm it Jointly owns. The sales, announced in New York on
        AP  -  317 words
    • Article, Illustration
      Courting HK professionals
      360 22  -  PERMANENT RESIDENCE AND RELOCATION ASSISTANCE OFFERED By WALTON MORAIS MORE AND MORE Singapore employers, including multinational corporations and gov-ernment-linked companies, are trying to attract Hongkong professionals to work here. Dangling the carrot of permanent residence and relocation assistance, these companies have taken out prominent recruitment ads in
      360 words
    • Article
      Sir Geoffrey Howe flies into stormy reception in Hongkong
      569 22  -  By FOO CHOY PENG, Hongkong Correspondent BRITISH FOREIGN SECRETARY Geoffrey Howe flew into Hongkong yesterday to a stormy reception in spite of his arrival statement that Britain's commitment to Hongkong was resolute and unchanged. "You have no stauncher friend than Britain."
      569 words
    • Article, Illustration
      Asean reiterates its position on Cambodia
      633 22  -  By BOEY KIT YIN A DOCUMENT prepared by Aaean on the International Conference (IC) on Cambodia in Paris has reiterated the need for the solution of power-sharing among the four Cambodian factions coupled with the settlement of the Vietnamese withdrawal as an integral approach
      633 words
    • Article
      Aid to the Philippines to be decided at AMM talks
      168 22 CONTRIBUTIONS by Asean member states to the Philippines Assistance Programme (PAP) will be decided at the two-day Asean Ministerial Meeting starting today in Bandar Seri Begawan. In a statement on the Multilateral Assistance Initiative for the PAP released yesterday, the
      168 words
    • SATURDAY ROUNDUP
      • Article
        Employers' action premature: NTUC
        133 22 The NTUC has declared as "premature" the actions of some employers who have stopped their workers seeking treatment at the restructured Singapore General Hospital because it is a "private hospital". Under the SGH restructuring, which took effect on April 1. its running was transferred from the
        133 words
      • Article
        HDB to peg building of flats to demand
        114 22 A quick look at Saturday's main news The Housing and Development Board will in future peg building of flats to demand for them in new towns. National Development Minister S Dhanabalan said. It will stop building flats in estates where over 500
        114 words
      • Article
        National advisory body to be set up
        120 22 A NATIONAL advisory body for issues related to the family and the aged is to be set up at the end of the year, said Community Development Minister Wong Kan Seng. It will be chaired by a Minister of State and supported by
        120 words
    • LATE FILE
      • Article
        Lock icon Record loans by World Bank
        60 22 Reuter THE WORLD BANK, pledging a new commitment to the developing world, yesterday said total new loans approved for the year ended June 30 were a record US$2l.4 billion compared with US$l9.2 billion for the prior year. Officials said they anticipated that lending would increase
        Reuter  -  60 words
      • Article
        Lock icon Irish PM rules out coalition govt
        56 22 Reuter CARETAKER Prime Minister Charles Haughey has firmly ruled out a coalition government, raising the prospect of a new general election in Ireland. But he said a new election is not inevitable and told Irish state radio yesterday: "I am making every human effort
        Reuter  -  56 words
      • Article
        Lock icon 'Tamil guerillas under attack'
        52 22 Reuter TAMIL SEPARATIST guerillas said Indian forces backed by helicopters had launched a massive offensive against them in Sri Lanka's northern jungles. Indian High Commission officials were not immediately available for comment but an Indian External Affairs Ministry spokesman said: "It is the normal turnover of
        Reuter  -  52 words
      • Article
        Lock icon Sudan wants end to civil war
        59 22 AP SUDAN'S new military ruler plans to contact southern rebel fighters and pursue negotiations to resolve a six-year-old civil war. The armed forces newspaper al-Guwat al-Musalaha quoted Lt-Gen Omar Hassan Ahmed elBashir as saying that resolving the war, which is draining the economy of
        AP  -  59 words
      • Article
        Lock icon Sixty-two sign up for Iranian polls
        48 22 AFP SIXTY-TWO candidates, including Parliamentary Speaker Ali Akbar Hashemi Rafsanjani, have registered before yesterday's deadline to contest Iran's presidential election July 28. The Interior Ministry said another 29 candidates had failed to register their names since Wednesday because of incomplete documents. AFP
        AFP  -  48 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      27 17 IMPROVE YOUR BUSINESS POTENTIAL THROUGH JSJ To subscribe contact: JAPAN STEEL STRUCTURE JOURNAL CO., LTD. Hirano Bldg., 4-8-1 Hatcho-bori, Chuo-ku, Tokyo 104, Japan Tal: 03-553-6961 Fax: 03-555-2892
      27 words
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      Page 17 Advertisements Column 2
      218 17 CURRENCY INVESTMENT AMI l<l< I \I'KI B \\K TEL: 321 3333 UNITED INDUSTRIAL CORPORATION LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT ONE FOR TWO RIGHTS ISSUE OF 151,750,725 NEW ORDINARY SHARE The Board of Directors of United Industrial Corporation Limited ('Company') announce that at the Extraordinary General Meeting held
      218 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      500 20 NOTICES THE COMPANIES ACT, CAP. SO WARWICK ADVERTISING PTE LTD (IN VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of Warwick Advertising Pte Ltd duly convened and held on 30th Jane 1988, the following special resolution was passed: WTNDING UP It was resolved that the company be woand ap voluntarily pursuant
      500 words
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      Page 20 Advertisements Column 2
      334 20 IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) AND IN THE MATTER OF P ALEX MARINE ENGINEERING WORKS (PTE) LTD (Incorporated in the blfc of Singapore) LIQUIDATION) MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of PALEX MARINE ENGINEERING WORKS (PTE) LTD duly convened and held
      334 words
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      Page 20 Advertisements Column 3
      420 20 IN THE MATTER OF THE COMPANIES ACT, CAP. SO AND DA CHENG TRADING PTE LTD (Incorporated in the Republic of Singapore) At an Extraordinary General Meeting of members of DA CHENG TRADING PTE I LTD duly convened and held at 150 Orchard Road #07-10/11 Orchard Plaza I Singapore 0923 on
      420 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      490 21 PRlVATbanken The Privatbanken Group 1988 1987 DKK 1,000 DKK 1.000 Caah in hand MWw iwG VI LWimarXS Naoonaßw\K AMfIUJ !>pa H OOmeSOC DanKS A l. -l-l l_ a ASSOCB now *1 KXWgn DOTIICB, MC. Bonds trr rwloem shtn ftxed-mtereet 1.012,991 58,719 4,491,394 13,416,210 15,863,006 1,016.444 336.766 2,674,666 17,361,107 20.309.032 51,761
      490 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      474 22 Free clippings of BT exclusive stories Free copies of these exclusive stories in last week's Business Times are now available. 1. Singapore law firms are emulating the trend in the US and UK towards one-stop mega-firms 2. How companies are preparing for the impending lowering of the foreign workers' ceiling.
      474 words
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      Page 22 Advertisements Column 2
      105 22 Vv\\\* i.'V7 ...w M'. rf.vf) J LW Investments X' CLOSING DATE: Bth AUGUST 1989 at 3 pm A modern 9 storey mixed retail and office building, featuring an attractive 5 storey high atrium and indoor landscaped garden. Almost 75% of the total strata area for sale comprising 10,021 sf of
      105 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Jumbo takes delivery off new ship
        109 23 JUMBO Navigation, the market leader in the heavy lift ocean trade, recently took delivery of a new heavy-lift vessel Stellprima which was built at Ysselviet Combinatie shipyard. It has a carrying capacity of 700 tonnes and is equipped with two cranes with a combined
        109 words
      • Article
        Lock icon Vessels collide in Arabian Sea
        151 23 AP A MALTESE tanker and a Hongkong-based ship collided in the Arabian Sea and one of them was in danger of breaking into two, shipping officials said. The officials, who spoke on condition of anonymity, said there were no casualties in the collision, which occurred
        AP  -  151 words
      • Article
        Lock icon Workers call off strike at Chittagong
        119 23 AFP SOME 30,000 dockworkers called off an indefinite strike that paralysed Chittagong port for six days and cost port authorities about US$l.25 million. The strike ended late Friday following an "amicable settlement" between striking longshoremen and shipping ministry officials over workers' demands for an
        AFP  -  119 words
      • Article
        Lock icon Search continues for 4 men
        83 23 AP DIVERS battling stormy seas have found the body of one of three crewmen trapped inside a capsized oil-drilling vessel in the Gulf of Mexico, the US Coast Guard said. Six workers from the oil-drilling vessel Titan were rescued after the 100-foot rig collapsed on
        AP  -  83 words
      • Article
        Lock icon Ship carrying chemicals for Iran
        69 23 AP AN Iran-bound ship believed to be carrying tons of chemical used to make deadly mustard gas docked in Dubai on Saturday and unloaded unidentified cargo, shipping executives reported. The 5,608-ton West German-flagged Seacrest Pioneer, which came from Bombay, India, was earlier identified by West
        AP  -  69 words
    • Article
      Index to advertisers
      1018 23 ABBS IMW XN 45 ABC Con#o»norlino XI Accord Snpg VM A*S XNI Ahr«*4io4 linor XN AC roop*«* Xli Arrow Im« XI Amoc Cornog# Xil ANt III 1 2 AfC Urn V* Afl V 3-5 ASCI V AHos Imw XN Bolt Conodo li<W IX 45 Bolt -Or.ont l.no
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    • Article
      Another HK company to move to Bermuda
      647 23  -  By VONNIE BISHOP ANOTHER of Hongkong's shipping companies has joined the exodus to Bermuda. Although these companies are doing very well financially they are most concerned about their domicile and fear what is described as an "unjustified emotive" backlash as a result of
      647 words
    • Article
      Lock icon Sea Containers files lawsuit against two firms
      363 23 Reuter SEA CONTAINERS has filed a lawsuit in the US federal court against two suitors for making false statements in a deliberate attempt to drive down the price of the company's shares. The Hamilton, Bermuda, shipping company said it charged Stena Holding AG
      Reuter  -  363 words
    • Article
      Thailand to build first. shipbuilding, repair complex
      259 23  -  By Richard Ng THAILAND is to build its first shipbuilding and repair complex at its economically burgeoning Eastern Seaboard. The project, costing 3 billion baht, will develop the local merchant marine industry, save foreign exchange and help fuel the country's economic growth. The
      259 words
    • Article
      Lock icon Diesel oil spill at Dutch port
      70 23 AFP SOME 181,600 litres of diesel oil spilled into the waters of Sliedrecht port, south-east of Rotterdam, and into a nearby river, when two vessels collided on Friday. The oil spilled from the 11,000-tonne Dutch river tanker Thor, which collided with a West German
      AFP  -  70 words
    • Article
      Philippines alerts Asean neighbours of hijacked ship
      463 23 THE Philippines has asked its Asean neighbours for help in locating and rescuing a vessel hijacked on June 23 by heavily armed pirates off the coast of lligan city, some I,oookm south of Manila. The vessel lla Luzon is said to be one
      463 words
    • Article
      Lock icon Indian cargo ship detained
      155 23 AP AN INDIAN cargo ship, Teesta, is "stranded" at the Lumut port following a Malaysian High Court order against the owner of the vessel for failing to settle repair charges to a Singapore company. The 10,028-gross ton vessel's captain N V Mudaliar had been served with
      AP  -  155 words
    • Article
      Marine Insurance
      652 24  -  In her last column, Christina Ong examined the pitfalls faced by shipowners, and looked at the sophisticated insurance policies available to protect them against a veritable "Davy Jones Locker" full of potential problems. Today, CHRISTINA ONG, the deputy managing director of Citicorp Insurance Brokers and the person in
      652 words
    • Article
      Lock icon Finnish yards tread a fine line
      906 24 Government willing to consider shipbuilding subsidy Fairplay A QUICK look at the orderbooks of Finland's three shipbuilding companies, Wartsila Marine, Hollming and Rauma-Repola, and one could be forgiven for thinking that the yards were sitting pretty. However, once the surface security of the full
      Fairplay  -  906 words
    • Article, Illustration
      Oakland board of commissioners receives US$81m revenue budget
      439 24 THE Oakland Board of Port Commisaioners haa received a U5581,683,000 revenue budget, a 10 per cent increaae over the current figure, for the fiscal year beginning July 1, 1989. "This is a conservative budget proposal," said commission president Douglas J Higgins. "It
      439 words
    • Article
      Cockett bunker report
      836 24 THIS FORTNIGHTLY report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem. Market movements are indicated. The Cockett Bunker Price Index change and the
      836 words
    • Article
      Who acts for whom ...
      2424 24 Who acts for whom A —B AS Shipping Bouotaod Shpg Agenciee (8) ABBS Um SMS Pie LM (SyTunee Sette (PK/tCL) ABC Containerize NV Fargo Shpg Co (3) Accord Shpg Accord Shpg (SyAccord Contalnor Lino (PK/PN). AhrenkMi Unor Kim Shpg (S) Alfred C ToepMr Oceorma Shipping Agoncy (SyMuMpori Sdn Bhd (PK)
      2,424 words
    • Article
      Shipsales
      390 25 SECONDHAND tonnage brokers Mid the YiiM Meru, tanker of 135,075 dwt and built 1976, is believed to be under negotiation at around US$2l.5 million. Bangladeshi breakers paid US$266 per light tons for both the SMego Nagano, ore carrier of 16,716 light tons and built 1965, and the Sealand Venture,
      390 words
    • Article
      London Freights
      1063 25 CHARTERING conditions remained fairly light on Friday, but a firm rate was paid for grain coverage from the US Gulf to Japan, which helped to lift the Baltic Freight Index 17 points to 1,410. Brokers said that U5522.50 had been agreed for this business. The Baltic sub-index for
      1,063 words
    • Article
      SHIPPING LIST where your ships are due...and when
      10672 32 AARHUC Toyama ScaoOuichf July 3 Evar Gaming Evargraan. July 5. Bonn Exprtw Trtot. July S<PK). Cardigan Bay. Trtot. July 8 Aaal Uiwrt Maarsk Una. July 6 Noraaia Suaan. Noraaia Una. July 7. Ming Star. Yang Ming. July 9 B Parmai. ScanOutch' July
      10,672 words
    • Article
      Container schedules
      985 32 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Gdns FCL Arrival LCL movement Ship Voy date/time cargo schedule Location Induna OB *****9 1600 rei *****0-03/0800 81 M> Tauro 8990 *****9 1700 KJ2 *****0-*****0 H2 **********00 12 N Zircon It 0307 89 1800 f07 03/0930-03/1030 El Mawoa Br 68
      985 words
    • Article
      Ships in port
      758 36 AT CONVENTIONAL WHARVES Non Him SPC XI Sorofc 06 45 16 112 01 V/ 1530 01 07, 0900 0507 2300 01 07/ 2300 oi m ill 0107/ 1000 0307/ 2300 Vessel Voy No Berth Arrival Departure Swsonno S nor Mego \ym 17/99 *V4 11 0107/ 0700 01
      758 words
  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      28 23 rn MOMS A lively way with words AvmMmbt* at •> good bookthopt For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2021 Tlx: RS ***** BTAD
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      Page 23 Advertisements Column 2
      21 23 Lines and services represented by /*A Members of the Registry of Accredited (*Mt Shipping Agents, Singapore National \vo Shipping Association. w
      21 words
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      Page 23 Advertisements Column 3
      218 23 "The Illustrated Encyclopedia of Wildlife" fffl fortnightly ,it all yooit bookshopi and news-stands Ihji A r /J* V*i STP Dtotributora INSIDE Yards tread a fine line A QUICK look at the orderbooks of Finland's three shipbuilding companies, Wartsila Marine, Hollming and Rauma-Repola, and one could be forgiven for thinking that
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1238 25 OOCL Dedicated to (2 no litv JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 Southpomt. Singapore 0201 Td *****11 TELEX NO RS ***** TERMINAL/CFS Td *****18 220 BOOKINGS Td *****34 23S PESAKA JARDINE SKIPPING AGENCIES SON. BHD. PORT KEIANG TEL: 3C***** Tele. No. MA3M77MA***** PENANG TEL *****4 TELEX NO MA*****
      1,238 words
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      Page 25 Advertisements Column 2
      1164 25 MAERSK LINE DESTINATIONS ThM ink Leu M Ctoalng Tim# CY 4/7 0400 MRS CFS 3n 1800 HRS LEXA M MCKMNEY M LEDA M MAR IT M. LtCA M MARCMEN M LEISE M LCHM M Thte week Leu I CY 4/7 0400 MR CFS J/7 tno HI LEXA M MCKMNEY M.
      1,164 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      515 26 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON 7/7 ALSO ACCEPTIN6 CARGO TO: AU UK INLANO DESTINAT BELFAST, DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. CARIBBEAN S AMERICA CONTAINER SERVICE FROM UK/CONTINENT II J.18.'.'-V'll iii'av nr'u VJI BENAVON TOKYO BAY BENCAIRN KAQA TOLAQA BAY HONGKONG EXPRESS CONV/SEMI-CONTAINER SERVICE TO
      515 words
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      Page 26 Advertisements Column 2
      240 26 COLUMBUS LINE REEOEREI GMBH iA SERVICE Of HAMBURG Sill) EXPRESS SEMI CONTAINER SERVICE TO ■ii; a ac SMN Dl r< Malagas Nt VSL SAMBRINE V 3 S ngapo f < ETA SPORE 29/7 ETA BOMBAY HV* SE ALIOS SHIPPING iSI LTD SAiES BOC* SiS 'f is> Tl I AS i4l
      240 words
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      Page 26 Advertisements Column 3
      778 26 TO EUROPE (vuraow) W PW- Sin FIX MAM MC ROT NORASU SUSAN Pl 5-3 W 5/7 7/7 1* 3/» 4* S* MOAASIA SAMANTHA Mt-3 12/7 13/7 14/7 im nj wj ARABIAN SEA IP* 19/7 2*7 3/1 154 17N MM fi NORASU SNARJAH MS-3 2Sf7 27/7 22/1 24/5 25/1 riirra^gL 10
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1099 27 Steamers Maritime Holdings Ltd P&O IW^ronl Containers STRAITS SHIPPING CONTAINER SERVICE TO UK'CONTINENT: CONTAINERSHIP SERVICES TO/FROM BANGKOK BANGKOK BORNEO AGENCIES LTD. BANGKOK TEL *****80 Also Accepting Cargo For: to CopwHufn, Airtua. CottMnfeuri. ttalmo. Stockholm. Hotointi. Sontorteri to Mwi. Aewtofdw, Otto. But*. Zurich to *11 UK dooti nations. Mint ind Dublin
      1,099 words
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      Page 27 Advertisements Column 2
      899 27 run vamp. I INC WEEKLY independent T Mil U Lllik FAR LAST/EUROPE FULLY CONTAINERISED SERVICI 7i^¥rr»iTi:i QUEEN'SWAY BRIDGE (WW tP ap 27/7 28/7 CHOYANG PARK MB* I*7 2/1 10 4* HANJIN OAKLAND 003W 22/7 S0 100 11/1 CMOYANC SUCCESS 004W 2*7 1(0 170 110 Alto accepting tor Inland UK destinations
      899 words
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      Page 27 Advertisements Column 3
      65 27 OIMUTIARA SAMUDRA AGUNG MJP 5/7 DUMAI/PERAWANG PALMA SEJATI 10/7 BATAM/P. BARU SAMUDERA 102 12/7 PERAWANG/DUMAI 5 vessels (weekly) to PERAWANG/PEKAN BARU/DUMAI 3 vessels (weekly) to BATAM A SUMATRA PORTS Also accepting cargo for ports in Jawa Kalimatan We specialise in project heavylift cargo. Owners ft operators of tug boats barges.
      65 words
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      Page 27 Advertisements Column 4
      328 27 at Hai Sun Hup Co (Pte) Ltd reL 2: i-'h ;o _>nr-s, ~L« us :;>OAI RS 'VMS CAK LINKK straits/ japan/ straits service SPECIALIST IN RO-RO HEAVY LIFT! •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG, TAIWAN i CHINESE PORTS. SUBJECT INDUCEMENT IMLintermaritime SOUTHERN AFRICA SERVICE MARINE FLOWER
      328 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      450 28 IX SINOSE MARITIME PTE LTD m ISLAMIC REPUBLIC OF IRAN SHIPPING LINES \A SERVICE Singapore Loading for KYOWA LINE MTHOOUCMO KYOWA FAST DIRECT B/BULK/CONTAMER SERVICE FROM S'PORETPK TO QUAM/SAVAN AND MICRONESIA PORTS* ETA SPORE LOAD FOR:SPARKLE' ETA 15 AUC GUAM. SAIPAN AND MICRONESIA PORTS* •MICRONESIA PORTS DIRECT CALLS ON INDUCEMENT
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      Page 28 Advertisements Column 2
      563 28 HANJIN SHIPPING FULL CONTAINER SERVICE SERVICE I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST CHOVANC PARK 0031 HANJIN OAKLAND 01 CHOVANC SUCCESS I I TO FAR EAST PORTS TO PACIFIC NORT.I WEST CANADA HANJIN OAKIANO 00ft 1/7 CHOVANC SUCCESS MB* 10/7 HANJIN TONC HAE OIK 17/7 HANJIN ROTTERDAM
      563 words
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      Page 28 Advertisements Column 3
      238 28 INTEROCEAN UNE 78. 2nd Fteor, Mm 2/71, Taman Tun Dr. IwnaH, MM KL. T«l: 71W7M, 717 MM. *****2* TLX. NO. MA-37M3 FAX: M-7173t11 Ott T»l: 3M427. M 0402 accepting cargoes for the following ports AUSTRALIA LOADING FOR SYD. MELB ADE BRIS FREM LE HVE HBG BREMEN. R DAM. GENOA ANTWERP
      238 words
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      Page 28 Advertisements Column 4
      745 28 EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GENIUS M) M) W 1W 1W IW !W HIV !W EVER GIANT IRR7 11*7 I*7 17/17 a/V MM am MM IIR7 EVE* GENTRY IMB M) ZIW W IMI |7« EVER GATHER 8» IW 31*7 M« V« M UNI 14*1 EVER GOVERN JRR7 1M R«M
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      764 29 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street. #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES MWUMAMfTOMAKOMAi/HTTAOM CARGO VU HKQ [JAKARTA SURABAYA/SEMARANG GOWA MA HAWK HA GLORY MA GLORY MA GLORY MA GLORY fXINGANG QINGDAO HKQ XM 3/7 15n 3/3 1M HKQ OOA 10/7 ISn tin im CONVENTIONAL/SEMI-CONTAINER SERVICES I RED
      764 words
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      Page 29 Advertisements Column 2
      480 29 \r% BEN UNE X VK CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT HAVIM ft DAM HAWK ap ap 14 vp up Wfl 54 <4 14 14 31/7 M 124 U4 IM m m im im m at un mm an jm ap an N* 214 27/1 24 14 V» M M
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      Page 29 Advertisements Column 3
      268 29 DJASAQETRI A Joint Europe Scrvka Of: P.T. BMKJUTA Lim P.T. «M LLOYB P.T. SMNKM MEHII P.T. TMMM LifTß vjl/vot L J BONTANC/ian ■ATARAM/MWB Shm ANTWERP DAM/ADAM 1&-W7 Ui (ACCEPTING CONVENTIONAL CONTAINERISED CARGO) in* Ufl (ACCtf I'*1'* CONVENTIONAL CONTAINERISED CARGO) Port Said, Port Aloiandria. fl«nno TrtMte OOTN CONTAINERS. CONVENTIONAL CARGO VIA
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      Page 29 Advertisements Column 4
      353 29 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'port P.KsUng Pmjm Banako 77,, W2M4 IWM »)mM THE BANK LINE NORTHBOUND TO UKC SPORE ROAN HMK HULL TAUSALA SAMOA VISN Z3/7 20* 2* 2* CLYDEBANK V2SN 10 Ufl 110 21/9 TAMAITAI SAMOA VICN Mp 17/10 21/
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      763 30 I Kline KAWASAKI KM N KAISIIA. 1.1 I) N. AMERICA-ATLANTIC COAST AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE VOY 'INDO 23 4/7 •PK/PNG SGP AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE FEEDER VESSEL AMBASSADOR BRIDGE NEPTUNE GARNET OOCL FAIR RAINBOW BRIDGE N. AMERICA PACIFIC SOUTH-WEST VOY 'INDO 'PK/PNG
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      Page 30 Advertisements Column 2
      626 30 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers KALIDAS V 43 1 jut, TULSIOAS ¥42 H Jul, KALIDAS V.44 20 Au» TULSIOAS ¥.43 14 Sapt Tranjit tmw Smppori Mctbourna 11 i P Kilmi Panan| Loading tor By Faadar By fm&m Fram/IMb/Sy<fcvAdal 20 My 20 Jut, Fram/tlatb Sydn Adal 15 Au| IS
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      Page 30 Advertisements Column 3
      370 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD n T«)o» Aftf Street SINGAPORE 0104 TCI SMJM (10 lINCS) f M SMJSO4 STRAITS/PERSIAN GULF SERVICE: GM.OCN WON OCR Cotombs/HjracMAitM OOtDCN HAVCN CrfurtxvKjracMfctei CHINA SMVtCC DAI VUN SHAN Stan** P Ketone Penanf CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF CHINA ukc
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      Page 30 Advertisements Column 4
      534 30 PHILI-ORIENT LINES PTE LTD HEAO OFFICE 108 ROBINSON ROAD -07-00 I^—GMG BUILDING SINGAPORE D'O* TELE* RS ***** PHiLI FA* 2255-^6 EAST/FAR EOT Fa ft LCI SSMCI ETA SINGAPORE |DESTINATION DUBAI. DAMMAN, KUWAIT. DOHA, MUSCAT. BAHRAIN ABU DHABI A SHARJAM JEDOAH (LCI) WEEKLY AQABA. HOOtIDAH COLOMBO. KARACHI. BOMBAY. MADRAS, CALCUTTA V.
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      939 31 Agent 4 S i»if NEPTUNE AGENCES PTE LTD Bookings lm»»rd Tetminal CfS General Bookings Bookings Inward Terminal CFS Inquiries ft EU/AUST TPA SfA Outward *****22 *****53 *****77 *****53 *****42 *****44 *****19 *****16 *****11 *****U (CR NO. **********0E) NEPTUNE ORIENT LINES LTD WIMMM P Ketmg K lumpur J B»*'u Xmmi 2(*****
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      Page 31 Advertisements Column 2
      155 31 PAN OCEAN UjN) shipping COMPANY LTD REGULAR CONVENTIONAL SERVICES TO MIDDLE EAST PORTS S'pore Loading for SAMMI FRONTIER 5/7 Jeddah/Hodeidah/Aqaba GLOBAL STAR 10/7 Dubai/Damman/Kuwart/Bahrain/ Mina Qaboos •Also accepting inbound cargo from Persian Gulf/Red Sea Ports on inducement basis. TO USA PORTS TO JAPAN/KOREA PORTS Spore BALISA AGENCY PTE LTD 8C
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      Page 31 Advertisements Column 3
      96 31 kF Specargo Forwarding (S) Rio Ltd (i"V 'a ;-d f'f Fo-*«'Ce-si USA EAST/WEST COAST PORTS TEL *****55 FAX *****73 TLX RS ***** FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 7/7/89 ETD 9/7/89 Daily receiving cargo at PPW/Jurong Port Manna
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      Page 31 Advertisements Column 4
      771 31 f 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 ***** PPMMG P. KELANC MESSRS MAI THONG SHIPPING 127 Ptnent Street. Pen»nt Malaysia Wi HAMOUNG SYSTEM
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      239 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA RS ***** A/B SSCAO i DSR-LINES VEB DEUTFRACHT SEEREEDEREi ROSTOCK 4 m i INTEGRATED CONTAINER SERVICE MEMBER Or EACON SERVICE TO EAST MEDITERRANEAN A NORTH CONTINENT EUROPE N. CCGIELSKI 4W 0. GROTEWOHL FAHRLAND
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      Page 32 Advertisements Column 2
      184 32 lICOREGIONALCONTAINER LINE: ASEAN PORTS BANGKOK 'Is sailings a week m ■M P.KELANG! -3 SAILINGS A WEEK DASWANI Sdn BM (Tel: *****59) PENANG 2 SAILINGS A WEEK el: 62 DASWANI Sdn Bhd VESSEL MrrMtTTTTiiTT^rTrrirriT^i JAKARTA! 2 SAILINGS A WEEK PT Sarana Penida (Tel: *****6) SURABm;- SAILING A WEEK I PT Sarana
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      149 32 Regional Weather .1 w. St 7i S iS! 22 51 i :V L fl B? Bi 'i LUfe SIGNIFICANT WEATHER AND SEA CONOmOMS AT 7JSO AM. My I,lMt R Thunderstorm Temperature c A A Weather —Y w*xi drection wtth speed n knot* RO,n W«. K-^,, Cloudy Sky Woe* vwd* *t
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      617 33 UNIPACIFIC T HANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE MAQ) STATE ENTERPRISE 'OR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR 5/7 Iraq/Japan THROUGH B/U to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AOABA BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL CGO
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      Page 33 Advertisements Column 2
      342 33 9 RICHFIELD MARINE AGENCIES |S) PTE LTD TEL *****33 (10 Lines) FA* *****15 TELE* RS ***** RISHIP (3 Lines) W™|" 4 i IMM ot ElKioott) ACCEPTING FCL AND CONVENTIONAL PCN/PKQ ETA LOADING FOR ABBAY WOHZ VOY 20W8 DAfIESSALAAM MOMBASA. OMOUTt ASSAB MASSAWA. HOOtCAM Other ports along the route workable on
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      Page 33 Advertisements Column 3
      647 33 i SIGMA EXPRESS (S| PTE LTD TEL: *****44 FAX: *****75 HONQKOMQ/ CHMA BANGKOK P. KELANO/PENANQ Hill INHi/H AOItmUNQ TOKYO/YOKOHAMA JAKARTA POUT MORESBY/LAE COLOMBO LOS ANQELES/MLANO PORT ROTTERDAM/ANTWERP FELIXBTOWE/LONOON V7I 7/7 5/7 11/7 8/7 A 18/7 4/7 A 10/7 t/7 A It/7 1/7 A 7/7 t/7 A 13/7 8/7 A 15/7
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      Page 33 Advertisements Column 4
      257 33 BAY OF BENGAL SERVICE SUSAK 70N 5/7 11/7 OCEAN SINCERITY ISA 4/7 EQUATOR PRIDE 03A 7/7 12/7 LEUVE 5107 7/7 12/7 P. STAROSTIN AIISIB9 12/7 SUSAK 72N 17/7 24/7 LEUVE 9101 21/7 21/7 TIGER BAY 73N 21/7 2/1 I. YAKBURENKO 13SW 24/7 M/ 7 17/7 21/7 27/7 30// 2/1 RORO
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      Page 33 Advertisements Column 5
      65 33 m ABC CONTAINERLINE N V TO AUSTRALIA/NEW ZEALAND J 7 DATS TO TO USA/CANADA =3 ic viMUK at 1* w Alto mißtwM cjfgi It:* USA H—it—. tiwuMli, TaMpt. JedwwnHe, WiMngtoa (I MorfoMi Bittitrmrt Hew Yodi BwtoH CANADA Hontrul Taronte. SI. Mm FROM USA/CANADA/EUROP£/MEDITERRANEAN BinnnniEiß AGENTSFARGO SMPPm COIMUIYfFTE.) LTB. IS. HOE
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      79 34 9 EMBASSY FREIGHT SERVICES PTE LTD WEEKLY LCL SERVICE BANGKOK 8/7 PT. KELANG 7/7 PENANG 8/7 T«t: *****32 TLX: RS*****EFS FAX: *****82 1 Q 1 i__i cgypowi 1 11 1 of fioxkxmm ompping SERVING OtKCT TO/HOM PORT SUEZ, Al ftONOWA, AND IRXIT SAID BY EGYPTIAN RAG VESSELS t*moowo m icyft
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      Page 34 Advertisements Column 2
      262 34 QcerdSeruice LCL/FCL SERVICE TO/FROM j littU r A LCUPCL k Gmaral Agent*: PENANG o KL: allied-link SINGAPORE: Marina OKQ "rDOoVSO 770 0922(22 LINES) Nf/Ckrisdna Chtow Elaine T*o/Est*wr Y*> transintra shipping (Singapore) private limited w Cargo bookings Tel: *****8 (5 LINES) REGULAR L'SE P SERVICE ALL UNITED KINGDOM CITIES/POHTS iflwwmfii|Miiiih ll>MiWI
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      Page 34 Advertisements Column 3
      252 34 C SAV i I...\\r*nRTTT^!IEZI!BI CUV I CUV 1 CUV 2 ue. 0«i MM VJM IV CONCORO NAVATO VJI USCAY VJBS Ml Hd 5 "8= »r CARGO FOR PUNTA ARENAS. TALCAMUAHO (SAN VICERTE) ACCEPTED WTH T/S VIA VALPARAISO Singapore *****00 Bookings //***** SEGrAWI I umpur Kclwix /33 /*****9, 368/318 ime r
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      Page 35 Advertisements Column 1
      723 35 Everett Lines I COMPAMIA PERUANA DC VAPORES x "PERUVIAN STATE LINE" LOADING FOR CALLAO, HAT ARAN I, ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION. P. Keljng* MURRAYEVERETT THOMASEVERETT KAMALEVERETT Singaport 9/10 iul 25/27 Jul 12/14 Au« "EVERETT ORIENT
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      Page 35 Advertisements Column 2
      407 35 ZTRT FUll CONTAINER SERVICE jcceptinf FCI/ICI cjr|on to USA Eut t Most Cm*l. Cirribbean Eist Canada. HAITI Casta Rica. El Salvador. Guatemala Honduras. VmmmU. Ptru. Ecuador. Colombia via Mum. Trimdad. lartodo*. Antifua St lucia. Montscrrat Guayana via Kincston 13Z3 Z312D*****H1 'I'ijjiir'-Ml' ■rr T A I ZIM VENEZIA ZIM SYDNEY ACCEPTING
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      Page 35 Advertisements Column 3
      479 35 rr mrT MMM I TMMKMTAnON fTI) LTD WEEKLY LCL/FCL SERVICE JENLINK V.I 14N DESTINATIONS ETA MNQAPOfIE PORT KELANG 6 JULY MANILA 10 JULY HONG KONG, ALL CHINA PORTS 7 JULY KEELUNG, KAOHSIUNG 7 JULY BUSAN 4 JULY TOKYO. KOBE 6 JULY CHITTAGONG 10 JULY DUBAI 13 JULY JEDDAH 13 JULY
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      Page 35 Advertisements Column 4
      358 35 PERINTIS LINE m WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA EL VOY SINGAPORE JAKAR PRABHAKTI PRASE TIA 274-275 04/07 04-05 08/07 05/07 07/07 08/07 10/07 12/07 13/07 SINGAPORE TANTO SEJATI VO6-06 4/7 4/7 6/7 7/7 TANTO UTAMA VO2-03 7/7 7/7 10/7 11/7 General Agents
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      Page 35 Advertisements Column 5
      323 35 PTC CONTAINER LINES 'Cl LCI SERVICE 9/7 KEELUNG/KAOHSIUNG 8/7 BANGKOK 9/7 MANILA 8/7 JAKARTA 8/7 PORT KELANG/PENANG 20/7 BUSAN 20/7 TOKYO/YOKO/KOBE 7/7 HONG KONG also accepting i to Huangpu /Shenzhen F uzhou Xiamen/Xingang/Shanghai 8/7 LDN/FLX/LVP/SOU 8/7 RDM/HAM/ANT/LE abo accepting cargo to all Europe inland destinations HAVRE/GENOA 11/7 LA./NYC/SFO 11/7 VANCOUVER/TORONTO/MONTREAL
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      Page 36 Advertisements Column 1
      551 36 iA a i. MERCHANT MARINE CO., LTD. EASTBOUNO TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE TO PSW HYUNDAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI COOMOANOER HYUNDAI PIONEER SIN HKG LBH OAK SEA 07/07 13/07 31/07 03*0 00*0 14/07 20/07 07/00 10/00 13/0B 21/07 27/07 14/00 17/00 2M» 21/07 03*0 21/00
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      Page 36 Advertisements Column 2
      520 36 hue JE CONTAINER LINE 11 TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST rrrr SRI LANKA/ INDIA NEW ZEALAND/ AUSTRALIA EUROPE/ UK TiTTTVICE TO MANILA LOADING 3/7 SWISS SHIPPING PTE LTD U T»k>k TMok Blunt. Houm u T, sr b Scl FAR EAST/EUROPE MONTHLY
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      Page 36 Advertisements Column 3
      480 36 -->K v S+ r r MiteciQSKJLiiies. ltd FULL CONTAINER UK/CONTINENT(TRIO) pjmmi IriM K p wi nw uk v vn an an u Mn Aoatkaf Carp, Far: Anhnr*. T* KrilUKta MEDITERRANEAN (MED CLUB)' JEDDAH SIM Jd s mm ha*u LLOVOtANA I'otm rnta Cm an w an an vn tip MIDDLE EAST
      480 words