The Business Times, 19 July 1989

Microfilm: NL16672
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WEDNESDAY, JULY 19, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    249 1 Footsie up LONDON share prices were slightly higher at midday yesterday with little substantive news to drive them in either direction. Trading was patchy. At about 1115 GMT. the Financial Times-Stock Exchange 100-share index was up 3 points, or 0.1 per cent, at 2.277.9. AP Dow Jones
    249 words
  • Article, Illustration
    Tokyo bucks firmer trend of regional markets
    262 1 THE TOKYO MARKET lost ground yesterday for the fifth consecutive day due to worries over domestic politics as other regional markets closed slightly firmer. The Singapore market closed marginally higher due to a late bout of bargain-hunting as the Straits Times Industrials Index
    262 words
  • Article
    Inter-Pac unloads 42m Berjaya shares for M$91m
    558 1  -  GROUP REMAINS MAJOR SHAREHOLDER IN SPITE OF SALE By KEVIN GWEE INTER-PACIFIC Industrial Group Bhd has sold a 20 per cent stake in subsidiary Berjaya Corporation (M) Bhd to raise money for the subscription of the latter's proposed rights issue. The disposal of
    558 words
  • Article
    Lock icon Most US Pacific Rim trading partners enjoy higher surplus
    263 1 Reuter, AFP JAPAN, CHINA, Singapore, Hongkong and Taiwan increased their trade surpluses with the United States in May, according to statistics released yesterday by the US Commerce Department. The US trade deficit widened to U5510.24 billion in May, the department said,
    Reuter,; AFP  -  263 words
  • Article
    Lock icon Record Aussie trade gap
    76 1 Reuter AUSTRALIA ended the 1988/89 financial year with its worst ever trade deficit and the government said sky-high interest rates would be maintained to stifle demand. Official statistics showed the current account, measuring trade in goods and services, was A 517.7 billion in deficit for the
    Reuter  -  76 words
  • Article, Illustration
    Four MPs among nine elected full golfing members of SICC
    554 1  -  By LEE HAN SHIH FOUR MEMBERS of Parliament were among nine people who were recently elected to become full individual golfing members of the exclusive Singapore Island Country Club (SICC) through what is known as the "special route". It is
    554 words
  • Article
    Lock icon Taiwanese industrial park in M'sia?
    123 1 AFP TAIWAN'S electric appliance manufacturers are interested in setting up an industrial park in Malaysia in a bid to revive competitive edges blunted by growing costs in the country. Some 70 per cent of electric appliance makers in Taiwan who plan to invest in the
    AFP  -  123 words
  • Article, Illustration
    Orchard Road retailers may lose $400m a year to Takashimaya
    526 1  -  By LILIAN ANG,LEE HAN SHIH ORCHARD ROAD retailers stand to lose at least $400 million worth of business every year to the Japanese chain Takashimaya when it opens its first outlet in Singapore in late 1992 or early 1993. To
    526 words
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      147 1 brother Laser Printers Electronics Type writers^^^ Word Processors Dot-Matrix Printers Facsimiles A 2ND CHANCE TO WIN CASH PRIZES MOUB/BS $1,000,000 UICKYDRAW 2nd Draw: 18 September 1989 88 cash prizes to be won Those who missed big cash prizes in the first half of OUB/IBS' $1 million lucky draw, have a
      147 words
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      Page 1 Advertisements Column 2
      217 1 Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 Editorial comment 10 A gesture in all its finality West Berlin 10 Capitalist island, communist sea US Memories Inc 11 Ambitious targets Building plans submission 2 PWD to revise procedure Contract furnishing 2 The emerging niche China land
      217 words
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      Page 1 Advertisements Column 3
      11 1 us lowers economic growth lor *89 to 2.7 pc, BACK PAGE
      11 words
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      Page 1 Advertisements Column 4
      158 1 A special BT supplement on His stock sxchangs CONFIDENCE has hit new highs, with investors warmly welcoming the return of their long-lost bovine friend. Stock markets around the world are racing to catch up with one another. Do the fundamentals warrant the sentiments? What will be the opportunities and risks
      158 words
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      Page 1 Advertisements Column 5
      190 1 Imtta NEW AGE COPIERS Convenient, reliable feature-packed Sote Agent WEI TAH CO PTE LTD TEL: 746 1061 Work begins on Ngee Ann City, PAGE 2 Big Four win financing deal for Ngee Ann City project, PAGE 7 •*r hr y *T -*> >' SpP?*" 5 ;> See, 5 The new
      190 words
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  • HOME NEWS
    • Article
      PWD to revise building plans submission procedure
      391 2  -  By LILIAN ANG THE PUBLIC Works Department (PWD) will soon introduce changes to the building plans submission procedure to help speed up the processing of such documents. The new system, likely to be implemented in October, will aim to reduce the workload of
      391 words
    • Article
      Contract furnishing — the emerging niche
      383 2 Contract furnishing the emerging niche CONTRACT furnishing is emerging as a flourishing industry in the furniture business. Contract furnishing, which involves furnishing or refurbishing hotels, residences and offices with made-to-order furniture and other fittings, is worth about $250 million a year, said Mr Choo Ker Yong, general manager of Cheng
      383 words
    • Article
      Review measures against employers if necessary: NTUC
      548 2 ILLEGAL WORKERS CURRENT MEASURES against employers who hire illegal foreign workers should be reviewed if they prove ineffective or inadequate. said the National Trades Union Congress yesterday. Employers should take the new laws seriously, said NTUC deputy secretary-general Lawrence Sia yesterday, following the
      548 words
    • Article
      Consumer prices in June hit five-year high
      201 2 CONSUMER PRICES, continuing the upward trend since February, went up by 2.8 per cent last month compared with a year ago. The June consumer price index was the highest in nearly five years, reaching 107.1 per cent. The biggest increase was in transport
      201 words
    • Article, Illustration
      Work begins on Ngee Ann City, finally
      431 2 TWENTY TWO years in the planning, the massive Orchard Square project, now renamed Ngee Ann City, has finally gotten off the drawing board. At the touch of a button yesterday, Dr Yeo Ning Hong began the construction of the project, which is expected
      431 words
    • Article, Illustration
      M'sian MPs' visit fostering closer ties
      327 2 THE STRENGTHENING of bilateral relations between Singapore and Malaysia was the main topic of discussion when a team of Malaysian parliamentarians called on the First Deputy Prime Minister, Mr Goh Chok Tong, yesterday at the Ministry of Defence. The leader of the sevenmember team,
      327 words
    • Article
      Esso's visbreaker project crosses major hurdle
      242 2 THE HARDEST PART is over for Esso Singapore's $150 million visbreaker project. In a three-hour exercise in precision engineering, Singapore's second largest oil refiner yesterday carefully hoisted a 106-ton fractionator the heart of the new distillation unit onto its concrete frame, clearing the mid
      242 words
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      Page 2 Advertisements Column 1
      265 2 PARENTS living and working in Singapore need no reminders that school fees have to be paid promptly three times a year. As with most things these days the cost goes up and up and up. For many people, this is often a major financial problem. Here at Lloyds Bank however,
      265 words
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      Page 2 Advertisements Column 2
      174 2 =_!^');";>;??..$;)*"'=+([[~@=_% i/rM/f —\ZZl\ CHANGEABLE LETTER BOARDS I Art W! L-JCU V ZDUINi accessories. from the u.s.a. SIGNIA" LETTER BOARD BRASS STAND s<gr*» riangeawe aw boards have rUuwl corners and clear protect** cover Comes complete with 300 characters Sat 24" i 30' Available m a choice ol colours The pertect compumerit
      174 words
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  • ASIA-PACIFIC
    • Article
      Lock icon Japan, the West minimise presence at China trade fair
      250 3 AP A LARGE SQUARE on the trade fair floor guide was marked "Japan", but only three small Japanese stalls could be found. The Italian Institute for Foreign Trade was not at its assigned booth, nor was the Association for British Commerce
      AP  -  250 words
    • Article
      Lock icon Time for more North-South dialogue: Group of 77
      409 3 Bernama THE GROUP of 77 continues to believe that significant opportunities have arisen for a new thrust to development dialogue, and the mechanisms and modalities of international economic cooperation, group chairman Datuk Razali Ismail said. The group of developing nations was therefore
      Bernama  -  409 words
    • Article
      Lock icon Selangor government to set up sogoshosha
      288 3 Bernama THE FAILURE of several "sogoshosha" projects in Malaysia will not deter the Selangor government from setting up one of the Japa-nese-style general trading companies. Mentri Besar Tan Sri Muhammad Muhammad Taib said on Monday that the proposed sogoshosha, comprising government agencies, state government
      Bernama  -  288 words
    • Article
      Lock icon Poll: Japanese voters switching to opposition
      241 3 AFP MORE VOTERS are turning away from the ruling Liberal Democratic Party (LDP), with those favouring the opposition Japan Socialist Party (JSP) in the July 23 Upper House election exceeding LDP supporters, a Nihon Keizai Shimbun (Nikkei) poll showed yesterday. The influential financial daily
      AFP  -  241 words
    • Article
      Lock icon India not bullying neighbours: Gandhi
      357 3 Reuter PRIME MINISTER Rajiv Gandhi on Monday declared that India was not a regional bully, but attacked Sri Lanka as "sloppy" in handling its row with India and blamed Nepal for causing a bitter trade feud. "There is no question of India becoming a bully
      Reuter  -  357 words
    • Article, Illustration
      Lock icon Labourers work overtime to make up for losses during Beijing unrest
      242 3 AFP MANY WORKERS in Beijing have sacrificed holidays and volunteered to work overtime in a bid to make up for lost output caused by the "counter-revolutionary rebellion" last month, an official report said on Monday. Labourers at a shirt
      AFP; AP Photo  -  242 words
    • Article
      Lock icon US firm signs China land deal
      609 3 Right to lease 5.5 million sq m to third parties AP A CHINESE FIRM on Monday granted an American camera company the right to lease 60 million sq ft (5.57 million sq m) to third parties for 25 years. The Concord Camera Corp signed
      AP  -  609 words
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      259 3 'ft f ;/J:m .t-'.V ft »Ui > I < Bf f fi H. VI > 1 t *i I '5 <v? The Microsoft Excel is half price, the mouse is free. T 1.1 i i ■hbhh We're not talking about any ordinary mouse here. Or any ordinary program either. It's
      259 words
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  • REST OF THE WORLD
    • Article
      Lock icon Slowdown in US inflation expected to continue
      450 4 Reuter LOWER PRICES at the gas pump and moderating food costs probably dampened the rise in last month's US Consumer Price Index (CPI), advancing the trend towards decelerating inflation, economists said. "It was the combination of food and energy that drove up inflation
      Reuter  -  450 words
    • Article
      Lock icon New car sales down 7.2pc in first half
      215 4 FT US NEW CAR sales fell 7.2 per cent in the first half of the year to 5.13 million despite intensive attempts by US car makers to bolster sales with widespread discounting and dealer incentives. The decline in new car demand in
      FT  -  215 words
    • Article
      Lock icon Carla Hills backs Hughes bid for Brazil satellite contract
      243 4 FT MRS CARLA HILLS, US Special Trade Representative, has taken the unusual step of writing to the Brazilian government to support an American bid for a crucial US$l5O million communications satellite contract. US embassy officials in Brasilia confirmed the letter had
      FT  -  243 words
    • Article
      Lock icon Sharp fall in EC telecoms trade surplus
      168 4 FT THE EUROPEAN Community suffered a sharp deterioration in its trade surplus in telecommunications products last year, largely due to the boom in imports of facsimile machines from Japan. The figures, contained in a report from the European Commissions Telecommunications and Information Industries
      FT  -  168 words
    • Article
      Lock icon Bush says his 'new world' poses no threat to Soviets
      301 4 Reuter PRESIDENT George Bush, who began his 10-day trip to Europe with a call to reunite the continent, ends his journey insisting the "new world" he seeks poses no threat to the Soviet Union. "The new world we seek is
      Reuter  -  301 words
    • Article
      Lock icon Soviet coal strike spreads to Ukraine mine
      335 4 Reuter A STRIKE by Soviet coal miners demanding more local decision-making has extended from Siberia to the country's richest coalfield in the Ukraine, with appeals from the country's leadership going unheeded. Authorities in Moscow have also called for calm in the Black Sea
      Reuter  -  335 words
    • Article
      Lock icon UK retail sales growth lowest in five years
      175 4 FT GROWTH in UK retail sales slid to the lowest annual rate for nearly five years last month as high interest rates squeezed consumer spending. In the three months to June, retail sales were 31/4 per cent higher than the same period
      FT  -  175 words
    • Article
      Lock icon Bush urged to veto bill forbidding him to use foreign funds
      182 4 AP PRESIDENT George Bush is being advised to veto any legislation that forbids him to use money from other countries to undertake activities denied US funding by Congress. Senator Jesse Helms said on Monday. "This doesn't even make good
      AP  -  182 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1021 4 ARRIVALS Operator Sorvlc* number Local Mm* From MAS MH627 0005 KUL SU SQOII 0040 LAX/NTT UAL UA805 0055 SFO/HKG Alt CW707 0155 MTS/MRU SWA2I SiA SO 80t 0410 AKL SU SQ802 0420 AKL/SYD SIA SQ401 0555 CMS SU SQ031 0755 COG/ROM MAS MH640 0820 KUL AW 30ASB/C
      1,021 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      296 4 MEAN A LOT Imagine staying in the best part of Bandar Seri Begawan, right on Jalan Bendahara, in a luxurious, airconditioned room, everyday. It sure beats living in a pokey little apartment day—a saving of 8566.00 per night or 851,980 per month. And look at what you get: a luxurious
      296 words
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      Page 4 Advertisements Column 2
      42 4 Focus, PAGE The business person's choke every Tuesday, Thursday Saturday and Sunday. Leaving Chans Airport at 22:05 hours and arriving at Later B Pearson International Airport the following day. CjII your Trivet Agent or Air Cimdj aI7i2tSSS. A BREATH OF FRESH AIR
      42 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      96 4 Doonesbury uuell.i ve ALREAPfMAPE A FEW CALLS ID THE EMBASSY THEY'RE CHECKING ON HSR IWBRBAdOm. ONCS UJE FiNPHER, I'LL SMUG GLE HER INTO THE EMBASSY IN A VEGETABLE CART. FROM THERE, I'LL WIPE HER UP INTO THE UNPERCARRJAGE OF A STRETCH UMO ANP PRJYE HER TO THE AIRPORT AT NIGHT.
      96 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      69 4 WMffi z/SH July 17 Beirut Belgrade Berlin Bermuda Bogota Brisbane Brussels Budapest Boenos Aires Cairo Calgary Caracas Chicago Cop "ho gen Dublin Frankfurt Geneva U I nongKong Honolulu Islamabad Istanbul Jakarta Jerusalem Jo'burg Kiev K Lumpur Lima Lisbon Mexico Oty Miami Montreal Moscow Nassau New DeM New York Nicosia Oslo
      69 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      178 5 ITS NOT EXEMPT FROM RtSMG TAXES, COSIUBt PETROL OR CBD CHARGES. IT JUST FEfIS THAT WW. You take on a different attitude towards driving when you take ownership of a BMW 730iL. All at once you find yourself moving with a crowd whose view on such contentious issues as the
      178 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1227 6 SINGAPORE: The US dollar closed firmer yesterday on widespread buying interest and some players expected the US May trade figuree due at 1230 QMT yesterday to show a smaller deficit, dealers said. But repeated Bank of Japan intervention in Tokyo and profit-taking helped cap its topside. The dollar
      1,227 words
    • Article
      Money markets
      61 6 THE OVERNIGHT rate on the Singapore money market fell by 1/8 point to end at 5-1/8 per cent. The one-, two- and three-month ratee were all unchanged. S$ Interbank rates at ihe dose yesterday: om mo OwnigN 5 1/1 9 1-Mrth 3 1/4 S 2-mrttt S 1/4 S
      61 words
    • Article
      Lock icon IMM
      314 6 Reuter IMM CURRENCY FUTURES settled mostly higher on Monday after a day of quiet, choppy range trading. Domestic political uncertainty weighed on the Japanese yen, which closed slightly lower. The currency was also hurt by light yen selling against the West German mark, traders said. Stronger-than-expected UK economic data
      Reuter  -  314 words
    • Article
      Asian $ market
      290 6 Asian market ASIAN DOLLAR DEPOSIT rates closed little changed from opening levels yesterday but slightly higher than Monday's levels. Term rates firmed 1/16 point at the outset on lower US bond prices and the Federal Reserve's draining of reserves from the banking system through threeday matched sales But rates hardly
      290 words
    • Article
      Government Securities Market
      107 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFFER HKJH LOW 3 mowlht RQ*****W 11.10.89 3^4 3.69 372 362 6 mumtn &S*****H 23.11.89 3.95 3.90 1 y«or BY*****F 24.05.90 4.09 4XM 4.05 4j01 Government notes and fa ondi 1 Period Issue Moturlty Coupon Yester do;
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    • Article, Illustration
      World interest rates
      165 6 jw^rtaT 12 major tanks In S'por* Interbank market r f S i US$ DM SWFC Van 7 doyi 4 M* II mm 1/4 l/» 14 13 7/t 9 3/14 14 *1/1* IS/I* 13 7/« —13 3/4 7/t —*1/4 13 3/4—13 S/l 1/3 13 l/l— 13 3/i 7
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    • Article
      Options
      1216 6 CURRENCY FUTURES OPTIONS Tuatday, July 18, 1989 OCUTW CHE MARK (S«KX) •m Mgh H oMM Lmm 1 Ml Up M«h PMM Low taa sa •9 53 144 54 212 Tuesday, July 18, 1989 JAP AM ESC YEN (SIMEX) 1 t 1 Up 0* paM M* Lmi M Low M
      1,216 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      626 6 More features From 0& PSION'S FEATURES: Works in 3 languages of English, French, German. 2 or 4-llne screen display. 8 alarms that can be set to ring once/hourly/daily/ every workday/weekly, with choice of 3 alarm sounds. Diary for 24-hour record of appointments anytime of the week/month or year, with Diary
      626 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Lock icon Yen's fate may hinge on Sunday's election
      645 7 Reuter A MAJOR DEFEAT of Japan's pro-business ruling party in next Sunday's parliamentary elections could translate into a vote against the yen by the world's foreign exchange markets, economists and dealers said. Japan goes to the polls amid widespread speculation that the ruling
      Reuter  -  645 words
    • Article
      Lock icon HK Bank's Marine Midland first half net profit rises
      201 7 Reuter NEW YORK-BASED Marine Midland Banks Inc, wholly owned by Hongkong and Shanghai Banking Corp, reported net income of US$Bl.6 million for the six months to June 30. up 12.7 per cent from U5572.4 million in the first half of last
      Reuter  -  201 words
    • Article
      Comex gold/silver futures
      161 7 Gold futures on July 17, 1989 100 troy ounces; USS par troy ounce Opaff Mtflh Low SaWa Jill 371.00 020 Aug 372 60 374.10 372.10 372.20 Sap 374.40 -0.10 Oct 376.50 378.30 376.20 ***** -0.10 Ok 381.00 382.50 380.40 380.60 -0.20 Fab 90 38S.00 385.00 385.00 384.60
      161 words
    • Article
      Lock icon Hongkong bankers see green light from G-7 on China
      466 7 Reuter HONGKONG BANKERS said on Monday that they took the declaration of the G-7 summit as a green light to continue lending to China despite its call for the World Bank to postpone examination of any new loan applications. Some, however,
      Reuter  -  466 words
    • Article
      Lock icon Simex
      175 7 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened at the day's high but 2 ticks lower than overnight Chicago's closing level at 91.44 as hope of an easier monetary policy diminished following continued Federal Reserve's draining of banking reserves. Prices continued to ease on profit-taking ahead of last night's release
      BA Futures  -  175 words
    • Article, Illustration
      Big Four win financing deal for Ngee Ann City project
      421 7  -  Seven-year package worth $412 m By SOH TIANG KENG, Financial Correspondent THE BIG FOUR local banks yesterday clinched a $412 million deal to finance the construction of Ngee Ann City a retail and office complex along Orchard Road. They signed
      421 words
    • Article
      Rothschild signs five-year $100m NIF
      319 7  -  By DEXTER LEE MERCHANT BANK N M Rothschild Sons (Singapore) made its debut on the local capital markets yesterday with the signing of a five-year Ssloo million note issuance facility (NIF). According to the bank's managing director, Mr Patrick Teo, this is the first public
      319 words
    • Article
      SIMEX
      339 7 Trading on Ju iy is. isss Opan High low San t* Vol Op/W Vol EURODOLLAR Sap 89 91.44 91.44 91.40 91.43 ***** ***** 4467 Dac *9 91.84 91.84 9179 91J1 7308 ***** 4645 Mor 90 93.08 93.09 93.06 93.07 433 5400 514 It Km 90 92.07 93.07 93.03 93.05
      339 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      144 7 wmu cijjlli Wi For two glorious months, June and July, Amara Hotel goes Country Western. What's more, there will be attractive prizes to be won. Grand Lucky Draw Ist Prize. SINGLE RETURN AIR TICKET TO USA Weekly Draw Every Friday features attractive prizes. eJoin us and dance to the beat
      144 words
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      Page 7 Advertisements Column 2
      255 7 Is corporate travel burning a hole in four balance sheet? •> V vV fi s V !>• I* 8 0 i >' •V v e 4 If, like so many other companies, you find corporate travel is becoming the third largest controllable expense after salaries and overheads, give vour travel
      255 words
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  • COMMODITIES
    • Article
      Lock icon Chicago exchanges mull over statement on dual trading
      392 8 Reuter THE CHICAGO Board of Trade (CBT) and Chicago Mercantile Exchange (CME) are considering issuing a joint statement urging Congress to refrain from curbing dual trading unless futures exchanges fail to tighten their trade monitoring systems, industry officials said. The statement would
      Reuter  -  392 words
    • Article
      Lock icon 'Ready supply of wheat despite unusual interest'
      327 8 Reuter THE COMMODITY Futures Trading Commission (CFTC) has contacted the Chicago Board of Trade (CBT) about unusually high open interest on wheat contracts due to expire tomorrow, a CFTC official said. But he added that supplies of wheat compared to open interest were
      Reuter  -  327 words
    • Article
      Lock icon Fears mount over August soybean contracts
      346 8 NYT CONCERN deepened in Chicago on Monday that the Chicago Board of Trade, having averted a crisis in trading of its July soybean contracts, would soon face a crisis in its August soybean contracts. Late last Tuesday, the Board of Trade issued an emergency
      NYT  -  346 words
    • Article
      KL Tin
      145 8 LACK OF INTEREST saw the Kuala Lumpur Tin Market (KLTM) price weaken 45 sen lo MS2S.2S a kg In moderate trading yesterday, brokers said. Miners were again disposing following reports that China was making offers on the London Metal Exchange (LME), they said. Turnover fell to 92 tonnes
      145 words
    • Article
      Precious Metals
      380 8 HONGKONG: Gold closed slightly easier in a quiet but choppy session yesterday after Typhoon Gordon delayed the start of trade, dealers said. Bullion ended at U*****.50/370.00 an ounce against New York's U*****.40/90 close. It opened at U*****.50/80 at midday. The local gold market was shut all day. Coins
      380 words
    • Article
      Produce Prices
      198 8 Chinese Produce Exchange S*H*rt' noon closing prices on July 18 (S$/100 kg) Coconut oil BoHc FOB 104.00 Old drum FOB 114.00 Now drum FOB 118.00 Copra Mixod (loos*) 60.00 Pepper II i iiiln V 11 ihlta mUTTTOK WTlfT® FOB NLW 507.50 Sarawak whit* FOB faq NLW 497.50 Sarawak
      198 words
    • Article
      Rubber
      355 8 SINGAPORE: Rubber prices closed eaaier but above the morning's lows yesterday, with August 1 RSS buyer quoted at 175.50 cents a kg, down one cent from Monday's close. Dealers said prices partially recovered the morning's losses on some overseas buying and short-covering in the afternoon. Trading was very quiet
      355 words
    • Article
      RAS and MRELB
      369 8 RAS prices mte •nfc/kg, F08 In bal« 1 NOON CLOSE Bvyors SoRofs fcuyors C M 5a»iaf» Int 1 ISS Prompt 176.00 177.00N 177.00 178.00N Int 1 RSS Aug 174 JO 175 JO 175 JO 176 JON Int 1 RSS Sop 176.00 177.00 177.00 178.00N Int 2 RSS
      369 words
    • Article
      London Markets
      256 8 London Commodity Exchange Buyer/Seller dosing prices on July 17 (£/tonn« unless specified). Previous closing prices in parenthesis. Coffee Bosh in-stor* London, toilers option CIF London Jul 816/818 (816/823) High/Low 829/816 S*P 818/820 (821/824) High/Low 832/817 Sal** (2618) Coco* M 869/872 (837/838) High/Low 870/859 S*P 888/889 (856/857) High/Low 890/865
      256 words
    • Article
      Palm Oil
      533 8 MALAYSIAN CRUOE PALM OIL prices recovered to close above the day's lows on short-covering and speculative buying, reflecting a similar trend in palm oil futures, dealers said. Values had initially extended their losses on further liquidation. in sympathy with a fall in Chicago soyoil futures overnight while an
      533 words
    • Article
      Crude Oil and Products
      133 8 FUEL oil prices were stable-to-softer in light Tuesday trade. Buyers of CST-180 for July/Aug availabilities were reportedly at $90-1 mt fob Sing; sellers were $3 mt higher. Bunker prices for CST-180 and CST-380 were notionally firmer by about 50 cents mt, given the rally in WTI
      133 words
    • Article
      Lock icon Wheat
      263 8 Reuter CBT WHEAT FUTURES losses mounted through the close on Monday snd prices ended down 11-1/4 cents per bushel in nearby July, at US$3.B4 a bushel, to off six cents in distant May. Bearish weather prospects of one to three inch showers over lowa, Illinois, southern Minnesota and Wisconsin
      Reuter  -  263 words
    • Article
      Lock icon Soybean
      250 8 Reuter CUT SOYBEANS gave in to 30-cent limit losses in September through distant July contracts and remained locked there through midday on Monday, while the nearby July traded 24-1/2 cents per bushel lower at US$B.79. Much of the trade was caught off-guard at the outset by widespread forecasts for
      Reuter  -  250 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      109 8 r INVESTMENT 1 OPPORTUNITY Join ROYAL LIFE INSURANCE AUSTRALIA LTD. in their Investment Plan with up to *****,000 (min S$90,000) earning circa. 12% p.a. and enjoy extra possible gains of 4 to 6 times your capital yearly. Interested parties please telephone to Mr.H.K. Lim of IMPECO DEVELOPMENT CO. at *****47
      109 words
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      Page 8 Advertisements Column 2
      3 8 s I #08-28
      3 words
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  • FOCUS
    • Article, Illustration
      Lock icon Bush sets new tone for US relationship with allies
      1575 9 President George Bush has wrapped up his 10-day European tour, during which he swept through Poland to the Netherlands, stopping to join France celebrate its 200 th birthday. The, following article examines how the trip marked a change in US policies
      FT,; NYT  -  1,575 words
    • Article, Illustration
      Lock icon Bush's TV image abroad: pallid, but endearing
      925 9 NYT INSOFAR as President George Bush's European odyssey was intended to compete with Soviet President Mikhail Gorbachev in the television charisma market, it cannot have gained many points. That might have surprised analysts. Pictures of an American president venturing past a rusted Iron
      NYT  -  925 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      243 9 Here's the story. Plain, Simple and Honest. There's no secret to producing tender and tasty Harris Ranch beef. All we do is feed hand-selected cattle on corn and natural grains. Then we process the beef ourselves and have it FLOWN FRESH to Jack's Place. It's Honest to Goodness U.S. Beef
      243 words
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      Page 9 Advertisements Column 2
      83 9 <&> Aldo Brue i J S t- L Distinctly created for men and now, for women For enquiries: BagliOfli Distributors Re. Ltd. 583 Orchard Road #07-03 Forum Gaiter* (0923) Tel: 734 9696 Aldo Brue Shoes are available at: Metro Grand. Lucky Plaza Metro Orchard Amencaya Lucky Plaza, Plaza fcngapura Tangs
      83 words
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  • PERSPECTIVE
    • Article
      A gesture in all its finality
      552 10 "ONE last chance". With those words. Singapore has shown that it is not beyond tempering its decisions to accommodate humanitarian and bilateral considerations in resolving what is basically a clear-cut issue the illegality of foreign workers' stay here and the enacting of laws to
      552 words
    • Article, Illustration
      Life on a capitalist island in a communist sea
      1676 10  -  dThe division of Berlin, the former capital city of a once undivided Germany, poses great challenges to East/West relations. DAVID CHEW of the Foreign Desk, who was in the Federal Republic of Germany recently, visited both sectors of this fascinating city
      1,676 words
    • Article, Illustration
      Land of robots but also historical landmarks
      1223 10 IT WAS 2 pm on Friday June 9 when we boarded the tourist bus in West Berlin's town centre to head tor East Berlin. After weaving through some unusually heavy traffic, we finally arrived at Checkpoint Charlie. This is one of the eight
      1,223 words
    • Article, Illustration
      Lock icon US Memories' ambitious targets
      1351 11 New comer aims to achieve US$l bn in revenue within five years NYT ANALYSTS surveying the ambitious plans of US Memories Inc say that even if it meets its growth targets, the computermemory chip maker could still fall short of its main goal of significantly reducing
      NYT  -  1,351 words
    • Article, Illustration
      Lock icon Paris conference likely to end foreign interference in Cambodia
      830 11 CAMBODIAN PEACE TALKS Reuter CAMBODIAN peace talks starting in Paris next week may close a chapter in Indochina's tragic postwar history with an agreement for foreign powers to keep their fingers out of the Cambodia pie. But few analysts expect the
      Reuter  -  830 words
    • Article, Illustration
      Lock icon Arrests continue with little publicity
      693 11 THE CHINA QUESTION NYT THE CHINESE central authorities have announced few arrests and virtually no executions in the last three weeks, but there are signs that hundreds or thousands of people continue to be interrogated, arrested and sentenced in the crackdown against the democracy movement.
      NYT  -  693 words
  • Page 10 Advertisements
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      193 10 IBfc THE POSSESSION OF FINE ARTS There has been a significant increase in the appreciation and collection of Fine Art objects in this region over the past 10 years. Not only is the private collector more knowledgeable in the traditional categories of collectibles but his interest has also expanded to
      193 words
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      Page 10 Advertisements Column 2
      180 10 A UNIQUE BUSINESS OPPORTUNITY A unique opportunity exists for interested parties to beanie established in a high growth business sector Mechanical and Scaffold Access Hire for a well below cost investment GIN LIGHT ACCESS A DIVISION Of GIN AUSTRALIA LID. Alt OFFERING. AS PART Of AN OISOLETE STOCI SALE A
      180 words
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      308 11 J ru BREITLING HAS CHANGED THE FACE OF TIME TRAVEL With the Breitling work) on your wrist, you re tuned in to four different time zones simultaneously. Operated by four independent quartz movements Three indicating 24 hours and one. 12 hours wtth calendar. Swivel case allows setting time and using
      308 words
  • Page 11 Miscellaneous
    • Miscellaneous
      Page 11 Miscellaneous Column 1
      54 11 BriStcOTß&B&Dickeie ru_ CLepiN me. CAR FIRST RND go FOR Pi £>PIN tN rHe country, ujwsn i Get BBCK I'LL PuT m</ FeeT UP P>f>D bOPiTCH TV "-<SI C EVENING STANDARD CO. LTD, I*2—l*9 PRC you talking Y NO -vm p L^ NNIN G rny ngyt -i to nef 3 yyepiNK
      54 words
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  • LEISURE
    • Article, Illustration
      Lock icon When an Antarctic trek makes good money
      746 12  -  EXPEDITIONS By TOM WICKER NYT QUESTION: Why do you want to climb Mount Everest? ANSWER: Because it's there. Q: Why do you want to cross the Antarctic? A: Because the money's good. Will Steger, the organiser and leader of an internationally manned, seven-member,
      NYT  -  746 words
    • Article, Illustration
      Lock icon Life after the moon walk
      946 13  -  PERSONALITIES By DAVID LAWSKY Reuter NEIL ARMSTRONG and Edwin "Buzz" Aldrin, the first men to walk on the moon 20 years ago, have since then taken opposite paths to cope with living in the shadow of their historic achievement. For Armstrong, the first man to
      Reuter  -  946 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      829 12 COURVOISIER VS.O.P-WHEM T€ ENTERTAIN w ft DIAN XIN Treat yourself to a Delectable Dian Xin lunch. All-you-can-eat for only $13.50'* per person. Lunch Hours: 11.30 am 2.30pm I OX service cnaige h 3\ gowrmmm ton I? HWT REGBCY® SNGAPORE 10-12 Scoits Rood Singapore 0922 W 733' 186 IEIJj THE GREAT
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      Page 12 Advertisements Column 2
      177 12 iV 11 'Mil .Vi'j L I I Ml i i I Join us as we come to the climax of the competition for Singapore's richest annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Mandann Reservations Counter. M *> il\ \\l 1
      177 words
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      101 13 <» m m m I a Unkai is a traditional Japanese restaurant offering such superb delicacies as siu*hi, Msbimiam) teppanyaki For private parties there are four tatami rooms available. Lunch: 12pm to 3pm. Dinner: 6.50pm to llprn. faCentury Park Sheraton Singapore iftNoss-- Ha Vgocof 025 1# 1222 OfflMfO B* ANA
      101 words
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      Page 13 Advertisements Column 2
      31 13 I I QUALITY CM Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. I CHAMP trfrm,,'-:. v. > ,-¥SOP rM :*<*/■:■ 4 COGNAC COURVOISIER
      31 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      654 13 CRYPTIC PUZZLE ACROSS 1 Go rapidly, sometimes by boat (5) 6 Arrest nippily (5) 9 Trouble people when you move (7) 10 Just William looking owlish? (5) 11 Is the drunkard well so? (5) 12 Searches for portions of chickens (5) 13 Brenda may get a letter from him (7)
      654 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1391 13 TV and RADIO Love is in ze air OUR CHOICE FILM FOCUS: PARADIS PERDU, 10.35pm, SBC 12 An artist finds a wife and a new career as a dress-designer when he attends a party. But she dies at childbirth. As the years pass, he finds himself falling in love with
      1,391 words
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  • SPORTS
    • Article, Illustration
      Team ready for challenges ahead
      501 14  -  TENNIS By A SURENDREN DEVELOPMENTS in local tennis is on full-swing for the competitions ahead. The men are going great-guns for the upcoming Qhafar Cup from July 26-30 in Kuala Lumpur. They will then plunge headlong into the Southeast Asia Games from Aug 20-31. In
      501 words
    • Article
      Strong field in Asian team chess tournament
      296 14  -  CHESS >y DEXTER LEE SINGAPORE, together with 13 dlher chess-playing nations from ttie Asia-Pacific, is vying for top honours in what has been touted as the strongest Asian team tournament ever to be held. For the first time, all of the leading chess-playing
      296 words
    • Article, Illustration
      Lock icon LeMond prepares for lonely Alpine battle
      553 14 CYCLING AFP GREG LEMOND, back in the Tour de France's famous yellow jersey, is facing a lonely battle to hang on to the race leadership in the Alps this week. The 150 survivors, from the original 198 starters, had a day off on Monday
      AFP  -  553 words
    • Article
      Lock icon Illegal doping at European Cup suspected
      147 14 DRUGS IN SPORTS AP A NORWEGIAN reporter found an empty ampule labelled as containing a brain substance and body tissues at the stadium where the European Cup in decathlon and heptathlon was held last weekend. The Verdens Gang daily said on Monday its reporter,
      AP  -  147 words
    • Article
      Lock icon Swede Carlsson beats 70 in New Zealand rally
      167 14 MOTOR RALLY Reuter SWEDE INGVAR CARLSSON won his second event in this year's world rally championship with a composed victory in the New Zealand race yesterday. The rally took 70 starters on a four-day tour of New Zealand's North Island over 590
      Reuter  -  167 words
    • Article
      Lock icon Head wind dashes Jackson's record hopes
      509 14 ATHLETICS AFP COLIN JACKSON gave another superlative display of sprint hurdling in Belfast on Monday but failed in his bid to smash his European record. The 22-year-old Welshman clocked a superb 13.16 seconds but such is his current golden form that there was a
      AFP  -  509 words
    • Article
      Lock icon Donald fulfils 10-year dream with PGA Tour victory
      433 14 GOLF AP MIKE DONALD capped a 10-year quest tor his first PGA Tour victory on Monday, when he birdied the fourth hole of a rain- and darkness-interrupted playoff at the Anheuser-Busch Golf Classic. The victory, which came after Tim Simpson missed a
      AP  -  433 words
    • Article
      Lock icon More skill needed at Troon
      638 14 BRITISH OPEN NYT THE ROYAL TROON Golf club motto is: Tam Arte Quam Marts. That Latin phrase could be used for most golf courses because it means: As much by skill as by strength. But Arnold Palmer, winner of the British Open at Troon in
      NYT  -  638 words
    • Article, Illustration
      Lock icon Watson out to win championship
      367 14 AFP TOM WATSON is in the right frame of mind to move up alongside Harry Vardon and claim that elusive sixth victory at Royal Troon this week. Watson, now 39. scored his fifth victory at Royal Birkdale in 1983. Since then he has been frustrated
      AFP  -  367 words
  • Page 14 Advertisements
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      59 14 MORE THAN 12,000 TRADERS NOW HAVE MICROGNOSIS! And that's a very healthy sign. Because Micrognosis digital and video trading floor systems are making traders more productive and more competitive by putting all the information they need at their fingertips. If you're planning a new floor, why not find out what
      59 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Is the path all clear for an all-time high?
      498 15 tfQßUaa mm™ By HOCK LOCK MEW WITH THE RECENT SURGE in the stock market, many analysts are riding on the confident forecast of a new all-time high within the next few months. The Tiananmen Square massacre, which stirred outrage the world
      By HOCK LOCK MEW  -  498 words
    • Article
      Lock icon Delay likely in CCM's divestment of ICI Fertilizers stake
      477 15 MBT CHEMICAL COMPANY of Malaysia's (CCM) proposed divestment of 49.9 per cent of the equity in subsidiary ICI Fertilizers (Malaysia) (ICIF) to bumiputra parties is not expected to be completed this year as scheduled. "The target is this year but I
      MBT  -  477 words
    • Article
      Rashid Hussain's profit of M$9.7m higher than forecast
      465 15  -  By MAGDALENE NG RASHID HUSSAIN Bhd (RHB) rii the first securities-based company to be listed in Malaysia 8t posted an annual group after-tax st profit of Ms 9 76 million for the year ended May 29, 1989. higher H than the profit
      465 words
    • Article
      Lock icon ICI to build £150m plant in Taiwan
      235 15 AFP IMPERIAL CHEMICAL Industries (101). the Britishbased chemicals giant, has chosen north-western Taiwan as the site for its big-gest-ever single investment project in the Asia-Pacific area. ICI of Taiwan Ltd's director, John Chandler, said the country's political stability, pragmatic government and high-quality manpower
      AFP  -  235 words
    • Article
      COMPANY BRIEFS
      119 15 INNOVEST BHD's 60-per cent-owned subsidiary White Castle (M) Sdn Bhd's increase in paid-up capital from MSIO to M 5300.000 was taken up by Innovest and its subsidiary KFC Holdings (M) Bhd. which now hold 49 per cent and 51 per cent respectively. SEMBAWANG MARITIME Ltd yesterday signed an
      119 words
    • Article, Illustration
      Hotel Prop, C & C and HK group seal KL Merlin deal
      538 15  - Hotel Prop, C C and HK group seal KL Merlin deal CYCLE CARRIAGE TO TAKE LION'S SHARE OF 40PC By ELAINE KOH THE FABER MERLIN group is believed to have finally signed an agreement yesterday for the sale of its flagship hotel in Kuala Lumpur for Msll3 million to three
      538 words
    • SES
      • Article, Illustration
        Bargain hunting in the afternoon props up market
        1099 16  -  By HERMAN PHUA A LATE BOUT of afternoon buying brought the local stock market to a marginally higher close yesterday. After easing broadly in early 'trade due to the lower Japanese market, the Straits Times Industrials Index edged up 2.61 points •on
        1,099 words
      • Article
        Unit trusts
        314 16 Managers' prices for July 19 Singapore Unit Trust OCBC-SIMBL Investment Severs Capitol Fund 107 1.12 Savers Trust Fund 106 1.11 MARA-Bumiputra First B'putra 7 42 Second B'putro 6 79 Third B'putro 4.71 IB 747 684 476 583 323 396* 233 726 5.16 406 204 135 354 Funds (NTA)
        314 words
      • Article
        COMPANY MEETINGS
        59 16 AUSTRAL ENTERPRISES BERHAO: 20th AGM at 2nd Floor, 24-31 Jalan 8/55 A, Taman Setiawangsa, ***** Kuala Lumpur, tomorrow at 9.30 am. QB HOLDINGS LIMITED: AGM at 26 Jalan Terusan. Jurong Town, Singapore 2261, tomorrow at 10am. ISLAND AND PENINSULAR BHD: 27th AGM at 2nd Floor, 24-31 Jalan 8/55
        59 words
    • Article
      SES SHARE INFORMATION
      6171 16 Qr*s Qr's 1989 Tel Last Vol Day Li Bat Quo le Dtv Dtv rid N at M Cap High Low Code Company Sale +or(*000) Hgti Low Bt lyer Sal ler Cw P/E ftnul JUL It DEBENTURES. BONOS, LOANS 284 124 t 1543 CK Tang Wt 1990 252
      6,171 words
    • KLSE
      • Article, Illustration
        KL shares finish firmer
        3578 17 SHARE PRICES improved to finish firm on the Kuala Lumpur stock market yesterday in active trading. New issue textile manufacturer Kamunting Industries cloeed at M 52.65 for a 75-sen premium against its offer price of M 51.90. The shsre reached a high of M 52.86 on
        3,578 words
    • REGIONAL MARKETS
      • Article
        Lock icon Shell to tap chemicals potential in Far East
        561 18 FT THE ROYAL Dutch/Shell group is positioning itself to tap the vast potential for growth in the chemicals business in the Far East. Through Shell International Chemical (SIC), it has pulled off within the space of a few months a couple of
        FT  -  561 words
      • Article
        Lock icon Bridgestone aims to overtake western tyre manufacturers
        486 18 AFP JAPANESE TYRE MAKER Bridgestone is making a bid to overtake Goodyear of the United States and France's Michelin in the tyre market "by enhancing technological advancement and assuring superior quality for our customers worldwide". Data from tests, ranging from month-long observations of
        AFP  -  486 words
      • Article
        Lock icon Chase delisting plan upsets Aussie watchdog
        155 18 Reuter AUSTRALIA'S corporate watchdog, the National Companies and Securities Commission, is unhappy with New Zealand property and investment group Chase Corp Ltd's plans to delist its shares on the Australian Stock Exchange. Commission executive director Ray Schoer said the delisting could disadvantage shareholders in
        Reuter  -  155 words
      • Article
        Lock icon Siemens plans Indian plant
        68 18 AFP SIEMENS is to open a plant to produce software products in New Delhi from next year. Heinz Schwaertzel, in charge of software at Siemens, said yesterday the company planned to invest 2.4 billion Oeutschemarks (US$l.25 billion) in software development this year, as against 2.1 billion
        AFP  -  68 words
      • Article
        Lock icon Dip in Seoul foreign investment
        113 18 AP NEW DIRECT foreign investment in South Korea between January and June dropped 30 per cent in dollar terms from the same period last year, the Finance Ministry reported yesterday. Total direct foreign investment for the period totalled US$44B million for 233 projects. The set-back
        AP  -  113 words
      • Article, Illustration
        Lock icon Share prices ease
        578 18 Tokyo Reuter THE Tokyo market was again nearly paralysed yesterday by political anxiety ahead of Japan s upper house elections on Sunday. Sell programs by foreign brokers kicked in intermittently, knocking share prices broadly down in very thin trade while most players simply watched. "The market has
        Reuter  -  578 words
      • Article, Illustration
        Lock icon Marginally higher
        507 18 Australia Reuter THE Australian share market closed slightly firmer yesterday despite a bout of mild profit-taking in the afternoon session. Market leader BHP reflected the market s mood, up strongly at 9.48 in the morning, but closing at 9.36, down two cents on the day. "The market was
        Reuter  -  507 words
      • Article, Illustration
        Lock icon Equities slightly firmer
        1113 18 Hongkong Reuter SHARE PRICES ended the one-hour afternoon session slightly firmer yesterday. Trade was inhibited by insufficient time for investors to adjust positions. Trading was suspended all morning because of the typhoon. The Hang Seng index added 2.84 to close at 2,505.48. The Hongkong index gained 1.90
        Reuter  -  1,113 words
      • Article
        Lock icon New Zealand: Profit-taking
        207 18 Reuter TRADING on the New Zealand sharemarket mirrored Monday s activity as the weakness of Fletcher Challenge (FCL). with 22.76 per cent of total market capitalisation, forced the indicators lower yesterday. But brokers said the market appeared to be oversold and they expect solid rises over the
        Reuter  -  207 words
      • Article
        Taipei: Prices unsteady
        438 18 TAIWAN share prices wobbled unsteadily in early trading yesterday, sending the index bouncing over a 100-point range during the first hour. By mid-morning, the weighted index was up 57.88 at 8,502.44, against Monday's 8,444.56 finish and a high of 8,570.27 posted earlier. Dealers said the unstable market
        438 words
      • Article
        Lock icon Manila: Little changed
        105 18 Reuter PHILIPPINE shares closed little changed after moving within narrow ranges yesterday. There was mild profit-taking in selected oil issues. Rises outnumbered falls 20 to 12 but Manila's composite index fell to 1.028 55 points from Monday's 1.029.64. Turnover slid in value terms to 117.2 million pesos
        Reuter  -  105 words
      • Article
        Lock icon Seoul: Stocks strengthen
        202 18 Reuter SEOUL stocks closed higher in active trading yesterday, buoyed by Central Bank predictions that economic growth In the latter half of the year would improve from the first half. The composite index cloeed at 905.10, up 2.72 points from Saturday. The market was closed on Monday
        Reuter  -  202 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Market finishes mixed
        729 19 New York Reuter WALL STREET stocks capped a nineday winning streak by ending mixed on Monday, with blue chip issues weaker and the broader market firm. "The market has had nine trading days in a row of gains. It was due for a little break," said Thomas
        Reuter  -  729 words
      • Article, Illustration
        Lock icon Stocks subdued in late trading
        963 19 London Reuter SHARE PRICES were subdued in late trading near the day's lows on Monday, becalmed by lack of hard news over the actual and rumoured bids which boosted the market last week. "There's not an awful lot of excitement in the market. In the
        Reuter  -  963 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1486 19 Reuter ZURICH: Swiss share prices closed slightly firmer as the market recovered from earlier lows in moderate trading yesterday. After some early profit-taking following recent gains, buyers emerged again at the lower level. Chemicals were in the limelight after recent favourable interim statements. Hoff-mann-La Roche bearers and
        Reuter  -  1,486 words
      • Article
        Lock icon Philadelphia Exchange, Amex in merger talks
        577 19 NYT THE AMERICAN Stock Exchange and the Philadelphia Stock Exchange are negotiating two possible merger plans, involving either a combination of both exchanges or of their options businesses. people who work with the exchanges said on Monday. The merger discussions, which were said to
        NYT  -  577 words
      • Article
        Lock icon Global outlook in new SEC rules
        341 19 AP A PROPOSED rule change in an obscure aspect of US securities lew signals that Federal regulators are ready to go global. As the drive towards automated trading and internationally linked markets accelerates, the US Securities and Exchange Commission (SEC) has decided to proceed
        AP  -  341 words
    • Article
      Batam welcomes S'pore investors with open arms
      502 20  -  ATTRACTIVE INCENTIVES AND FACILITIES AVAILABLE By WALTON MORAIS THE CHIEF executive of the Batam Industrial Development Authority (BIDA) yesterday made a pitch for Singapore businessmen, telling them to take advantage of the Indonesian island's attractive opportunities for their mutual benefit. Addressing an 80-member
      502 words
    • Article, Illustration
      Lock icon 'Vast opportunities in Selangor'
      432 20 Bernama VISITING SINGAPORE Foreign Minister Wong Kan Seng called on Malaysian Prime Minister Datuk Seri Dr Mahathir Mohamad at his office at the Home Ministry in Kuala Lumpur yesterday. Mr Wong arrived in Kuala Lumpur on Monday for a threeday official visit at the invitation of
      Bernama  -  432 words
    • Article
      Lock icon Taiwan's inflation expected to slow
      121 20 Reuter SWEEPING tariff cuts on imported products, lower money-sup-ply growth and stable oil and commodity prices are expected to slow Taiwan's inflation rate in the second half of 1989, officials said yesterday. Taiwan's inflation, measured by the consumer price index (CPI), is expected to reach
      Reuter  -  121 words
    • Article
      Lock icon Asean leaders may meet informally
      310 20 Reuter AN INFORMAL SUMMIT may take place next month when leaders of the Association of South-East Asian Nations (Asean) gather in Brunei for manhood rites for the Sultan's son. According to a top Cabinet member in Jakarta yesterday, Indonesia's President Suharto will fly to the
      Reuter  -  310 words
    • Article
      Nine Muslim bodies present views on Ideology
      491 20  -  By SHOEB KAGDA REPRESENTATIVES from nine major Muslim organisations have for the first time come together to voice their views on a public issue the National Ideology. Yesterday, they presented a communique to the Trade and Industry Minister, BrigadierGeneral (Res) Lee Hsien Loong,
      491 words
    • Article
      Lock icon GE profits up 16.4pc in second quarter
      260 20 NYT GENERAL ELECTRIC CO has reported a 16.4 per cent increase in earnings for the second quarter, citing gains in its plastics, financial services, medical systems and aircraft engine divisions. The company on Monday reported net income of US$B72 million, or US$l.OB a
      NYT  -  260 words
    • Article
      Lock icon Comex gold and silver
      95 20 Reuter COMEX GOLD futures were slightly higher early yesterday on news that the US trade gap widened in May. But dealings were cautious. The dollar fell after the trade shortfall for May was reported at U5510.24 billion. August gold rallied US$l.3O on the trade data. However,
      Reuter  -  95 words
    • Article
      Lock icon Paris proposes setting up of commissions
      119 20 AFP FRANCE has propoeed that three working commissions be set up at an international conference on Cambodia to be held in Paris at the end of this month, a senior Thai Foreign Ministry official said yesterday. The proposal was contained in a memoran- dum
      AFP  -  119 words
    • Article
      HK receiver's appeal: judgment reserved
      517 20 OFFICIAL RECEIVER OF HONGKONG VERSUS BANK OF CHINA THE SINGAPORE Court of Appeal has become the arena for a legal battle between the Official Receiver of Hongkong and the Bank of China over an insurance company belonging to the defunct Carrian group. At issue is
      517 words
    • Article
      Lock icon S Korean central bank lowers 1989 goals
      297 20 Reuter, AP SOUTH KOREA'S central bank governor said yesterday economic growth would be even lower than revised government targets because of currency appreciation and big wage increases in the first half of this year. Bank of Korea Governor Kim Kun said in a
      Reuter,; AP  -  297 words
    • Article
      Singapore banks not among eight shortlisted for Thai branches
      319 20 THE THAI Finance Ministry has selected eight international banks to open branches in Thailand, but none of the Singapore banks is among the shortlisted candidates. According to an AFP report, the English-language daily Bangkok Post yesterday quoted Thai Finance Minister Pramuan
      319 words
    • Article
      Lock icon US lowers growth forecast to 2.7pc
      115 20 AFP US ECONOMIC growth in 1989 is now expected to be 2.7 per cent, a senior economic adviser to President George Bush said yesterday. This is a sharp reduction on previous government predictions that the gross national product (GNP) would grow 3.5 per cent
      AFP  -  115 words
    • LATE FILE
      • Article
        Lock icon Chemical weapons accord
        61 20 Reuter WASHINGTON and Moscow have reached agreement on key issues of a treaty banning chemical weapons, including a timetable for destroying them and procedures for inspecting factories, the New York Times reported yesterday. Quoting Bush administration officials, the newspaper said the recommendations of the two governments would
        Reuter  -  61 words
      • Article
        Lock icon M'sia to decide on submarines
        65 20 Bernama MALAYSIA is expected to make a decision on its long delayed purchase of submarines before the end of the year, Deputy Defence Minister Datuk Abang Abu Bakar Mustapha said yesterday. He said the ministry had received offers from four countries France, the Netherlands, Sweden
        Bernama  -  65 words
      • Article
        Lock icon Australia rules out HK enclave
        28 20 AFP AUSTRALIA'S Northern Territory government ruled out moves to establish a British enclave near Darwin to accommodate any mass exodus from Hongkong. AFP
        AFP  -  28 words
      • Article
        Lock icon Death threat to Japanese
        61 20 AP A CHINESE group identifying itself as the "Blood-Bright Dare to Die Squad" has threatened to kill two Japanese in China each month to stop an alleged Japaneae economic invasion, the Japanese Embassy said yesterday. The group mailed a letter, written in Chinese, to Japan Airline's
        AP  -  61 words
      • Article
        Lock icon UK's £695m budget deficit
        34 20 AFP THE British Government including state industries and local authorities, spent £005 million (US$l.l2 billion) more than it took in in revenue in June, the Treasury Department said yesterday.— AFP
        AFP  -  34 words
      • Article
        Lock icon Sri Lanka Tamil leader shot dead
        30 20 AP UMA Maheswaran, a Tamil leader with close links to India, waa shot and killed by unknown assailants in Colombo. police said yesterday.— AP
        AP  -  30 words
      • Article
        Lock icon Jaruzelski to run for president
        36 20 AFP POLISH leader General Woiciech Jaruzelski, the man who outlawed Solidarity after declaring martial law eight years ago, announced yesterday that he will stand for president after receiving Lech Walesa's backing.—
        AFP  -  36 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      74 15 Royal Trust Securities Asia Limited announces that with effect from 20th July 1989 its name has been changed to ROYAL u TRUST Royal Trust Asset Management (Singapore) Ltd. The company will continue to manage the two Singapore authorized unit trusts: Royal Trust Singapore Growth Fund Royal Trust Asia Pacific Growth
      74 words
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      Page 15 Advertisements Column 2
      88 15 CURRENCY INVESTMENT AMI KK I I'KI ss HWK TEL: 321 3333 This announcement appears as a matter of record only Borrowers JUL NGEE ANN DEVELOPMENT PRIVATE LIMITED ORCHARD SQUARE DEVELOPMENT CORPORATION PTE LTD *****,000,000 SYNDICATED FACILITIES Comprising *****,000,000 Revolving Credit Facility 5550,000,000 Guarantee Facility 5510,000,000 Overdraft Facility Provided By 8
      88 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      39 15 rri»®rSr$ r s e r > MA CWOO- 7?sf oat,'rj £Ar?rs,L/.. 4o r Zo&t&f &OT7& Arf> g/rt/£& or/77t- /r &**£<?. y by Martell /r'u fos*- 577&T tyoc aav 7~aimp. I KBW /!,*>£- tfOO> <Ze4Z<Yj f CjVO>'o A/£V£# W&s A CJt/e rv/* AM
      39 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      363 18 NOTICES TAT LEE BANK LIMITED ANNOUNCEMENT Pursuant to Article 6(1 )(a) of the Articles of Association of the Bank, it is hereby announced that declarations received by the Bank as at 30th June 1989, regarding the beneficial ownership of the issued share capital of the Bank held by foreign persons
      363 words
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      Page 18 Advertisements Column 2
      178 18 THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF STAYON PTE LTD (In Voluntary Liquidation) NOTICE OF FINAL 1 MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the members of the abovenamed company will be held
      178 words
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      Page 18 Advertisements Column 3
      119 18 LEARNING ENGLISH CAN IMPROVE YOUR WHOLE LIFE Write and speak better English with our specialist home-study diploma training in business English IMPRESS your boss Make NEW friends GAIN promotions Find a better job QUICK AND EASY, clean and concise Covers ALL ASPECTS of businsss SPECIALLY WRITTEN for people whose mother
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      0 19 %+-)"\&%"\="?^>/?}.$=@|$\%''!)!
      0 words
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      Page 19 Advertisements Column 2
      178 19 special supplement SES special supplement SES special supplement < 5 <*> Wii m <» mm Stock Exchange of Singapore SPECIAL SUPPLEMENT The lines around the world's stock markets are fast disappearing. As we move Into the Nineties, the pace will pick up. The growth of the global market place and
      178 words
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      116 20 w ■5P #>«• GUILING (HERBAL) JELLY £am P v, <*. i2Kr sr M^to m /1 A Specially brewed according to W a 100 year old recipe, Guiling Jelly is high in health-giving value, relieves heatiness and traditionally taken for its skin care value. It is the perfect Health Food for
      116 words
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      Page 20 Advertisements Column 2
      154 20 WHY SDUIT AT TOE BOTTOM WHEN YOU CAN START AT THE TOP. No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property Loans Hire
      154 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Indian goods hit by S Lankan boycott
        80 21 AFP FOUR CARGO SHIPS destined for Sri Lanka have been stranded for 38 days at an Indian port because of a boycott of Indian goods by the island's stevedores. The Press Trust of India (PTI) said yesterday that the four vessels carrying cargo
        AFP  -  80 words
      • Article
        Lock icon Coast Guard seizes documents
        86 21 Reuter INDIAN COAST GUARD officials boarded the Maltese tanker Puppy P and seized documents necessary for taking legal action against the owners for an oil spill washed onto India's western coast after a collision, Lloyds Shipping Intelligence Service reported on Monday. India plans to take action
        Reuter  -  86 words
      • Article
        Lock icon Grounded vessel frees itself
        49 21 Reuter THE BANGLADESHI VESSEL Banglar Mamata, of 15,877 dwt, ran aground in the River Weser while on a voyage from Bremen but came free under its own power and returned to Bremen, Lloyds Shipping Intelligence Service reported. The vessel is owned by Bangladesh Shipping Corp.
        Reuter  -  49 words
      • Article
        Traffic at Worldport LA hits new high
        71 21 WORLDPORT LA, the US West Coast leader in container traffic, handled 167,684 TEUs in May, the second highest one-month total in port history. A record 170,663 TEUs were handled in April. The total includes a record-setting 82,187 TEUs inbound, an increase of 24
        71 words
      • Article
        Lock icon Mexican line re-routes service
        89 21 Overseas Digest THE MEXICAN SHIPPING LINE Transportacion Maritima Mexicana SA (TMM) will stop calling at San Francisco in the US and Guaymas in Mexico within its trans-Pacific service from the middle of this month in a bid to reduce transit times. The company will continue to
        Overseas Digest  -  89 words
    • Article
      Lock icon First overall net gains in three years for Japanese lines
      429 21 Reuter JAPAN'S major shipping companies posted their first overall net profit in three years in the 12 months to March 31, according to a Japanese Transport Ministry White Paper. Buoyed by brisk bulker and tanker markets, Japan's 39 largest carriers
      Reuter  -  429 words
    • Article
      Index to advertisers
      1052 21 ABBS WM XH 4/5 ABC Coatwnarlina XI 5 Accord Shpg VM 3/4 AfS XM 3 Ahrariial liner XII 5 AC Toaplar XM 5 Amnco" Nmflmi XII 4 Arrow li«n XI 5 Anoc CorriaQa XM 5 Als* li 1/2 ATC Una VH 4 AH V 3-5 Asa V
      1,052 words
    • Article
      Changes to Manila's tariffs
      104 21  -  by Al O Labita Jr THE PHILIPPINE Ports Authority (PPA) is likely to rationalise its tariff rates to make them consistent with those in Singapore and other Asian ports. A tariff study, partly funded by the World Bank, started last July 7 and is expected to
      104 words
    • Article
      Sabre Line vessel making maiden call at S'pore
      323 21  -  By JEAN FOONG AUSTRALIAN CARRIER Sabre Line, which offers a direct three-weekly schedule linking Bangkok with Australia, makes its maiden call at Singapore today with the 400-TEU Mekhanik Volkosh. This is believed to be the only direct container service from Australia to
      323 words
    • Article, Illustration
      SemBeth clinches $12m contract from sister company
      457 21  -  PROJECT INVOLVES THREE 3,000-BHP TRACTOR TUGS By RAHITA ELIAS SEMBAWANG BETHLEHEM (SemBeth) has won its first major contract with the award of a $12 million newbuilding project from sister company Sembawang Maritime (SML). This was "one of the largest in-house contracts" to be
      457 words
    • Article
      Sea-Land to become first foreign line to open Seoul office
      298 21 SEA-LAND SERVICE will be the first foreign shipping line to set up a branch office in Seoul, following approval from the Korean Maritime and Ports Administration. Foreign carriers were only recently allowed to open their own offices in South Korea
      298 words
    • Article, Illustration
      Lock icon New concerns for German owners
      1418 22 liner operators turn attention to tax changes and manning levels Seatrade Business Review ALREADY the battleground has •tutted. After pushing hard for a second registry, West German shipowners have now turned their attention to tax changes and manning levels. The second registry is now in
      Seatrade Business Review  -  1,418 words
    • Article, Illustration
      People in Shipping
      125 22 VAN OMMEREN TERMINAL Singapore has appointed Samuel Um as terminal manager, responsible for the company's ter- minalling activities at Pulau Sebarok. Mr Lim was formerly with Esso and has experience in both terminalling and refinery operations. Lee Mam Seng has been appointed to the newly-created position of
      125 words
    • Article
      Lock icon Weekly freights
      689 22 AFP INCREASED ENQUIRIES for Panapnax carriers to carry grain cargoes gay«-sentiment a midweek bopMl on the London freight m4/Jet, but rates for actual fixftasgs proved disappointing late last week. After a dull start, the Bafl£ International Freight Futures Exchange's (Biffex) BfMc Freight Index (BFI) firrted up in midweek,
      AFP  -  689 words
    • Article
      Container schedules/ships in port
      1888 22 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Voy Arrival Tranatainar Schedules Blk Dale/Tim® Tlm« From Time To Booking Gate Op Gdn Aagal« Hop* Aaro A«n> Van A> PrMCOM CMMM Cor—to Mi f |r«ut h KOHM> Hi ■>! An UUMn feSfe* I# Wwi t A*Mta
      1,888 words
    • Article
      Lock icon Drop in inactive tanker tonnage
      253 22 Reuter OIL TANKER TONNAGE and combination carriers in lay-up, idle or under repair, including vessels inactive at port tor two months or more, fell to 3.53 million tonnes dw (31 ships) in the month to July 14 from 4.04 million (37) at June 15. London
      Reuter  -  253 words
    • Article
      Lock icon Strike hits Zimbabwe rail network
      179 22 AP RAILROAD REPAIRMEN in Zimbabwe remained on strike for a fifth day on Monday and claimed their action halted nearly 60 per cent of the country's rail traffic. Most railroad workshops were closed and only about 35 locomotives in an operating fleet of 110 were
      AP  -  179 words
    • Article
      Government offers incentives to Indian yards
      169 23  -  By SHIRISH NADKARNI INDIAN SHIPYARDS, namely Hindustan Shipyard and Cochin Shipyard, will be allowed to import 50 per cent of their inputs duty-free. In a bid to encourage shipbuilding, the Indian government has also decided to raise the subsidy from the current 30 per
      169 words
    • Article
      London Freights
      934 23 A FURTHER weakening in grain freight rates from the US Gulf was seen, but business for the US North Pacific held steady on Monday, brokers said. A rate equating to US$2l was reported fixed for grain from the Gulf to Japan, which was down 25 cents from similar
      934 words
    • Article
      SHIPPING LIST where your ships are due...and when
      11448 30 A guide to ships loading at Singapore tor ports around the world The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore
      11,448 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      33 21 "The Illustrated Encyclopedia of Wildlife" Wildlife Fortnightly lit all $ood bookshops and news-stands. s^. STP Dtotribulors For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      33 words
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      Page 21 Advertisements Column 2
      18 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National viASEfJ Shipping Association.
      18 words
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      Page 21 Advertisements Column 3
      141 21 /-^]>~;$>{+\/}@$\[)%&<,_*"~"\*< nrci ANRO has a service every eight days ANRO now has five ships operating between sooth East Asia and East Coast South East Asia and East Coast Australia Australia ANRO now has a fortnightly fixed day u between South East Asa and Adelaide/ FremantJe ANRO's carrying capacity between South
      141 words
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      Page 21 Advertisements Column 4
      124 21 INSIDE MP New battles tor German owners THE BATTLEGROUND has shifted. After pushing hard for a second registry, Wear German shipowners have now turned their attention-to tax changes and manning* levels. PAGE II Drop in inactive tanker tonnage OIL TANKER TONNAGE and combination carriers in lay-up, idle or under repair,
      124 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      45 22 NOTICE Great Region Shipping Co (Pte) Ltd Freightconsols Services Pte Ltd Notice of Removal Please note effective from 23 JULY 1989 Our office will be located at:2 Mistri Road #04-00 #12-00 HMC Building, Singapore 0207. Tel- 220-0388 Telex: RS ***** AMFORT Fax: 221-3823 Cable: REGIONSHIP
      45 words
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      Page 22 Advertisements Column 2
      13 22 Who Ads For Whom has boon hold ovor duo to prossuro on spoco
      13 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1328 23 OOCL JARDINE SHIPPING AGENCIES rOO Cantonment Road #12 OS Southpomt S-igjpp'r 0208 Tel *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL 36WU8 Tele« No MA***** MAJ97OI PfNANG TEL *****4 TELEX NO MA400?3 CfS TEL 34*06
      1,328 words
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      Page 23 Advertisements Column 2
      1375 23 MAERSK LINE Thta mt LM M C toeing Tim* CV 16/7 0400 MRS CFS 17/7 1000 HRS LEOA M MARIT M LICA M MARCHEN M LEISE M MARQRETHE M METTE M LARS M SM 19/7 .25/7 26/7 1/8 2/8 8/8 9/8 IVB 16/8 :22* 23m ;29/l8 3Q/8 V 9 6/9
      1,375 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      885 24 m u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE K3N 89/556 19/7 21/7 8/8 '0/8 13/8 EXPRESS 88/554 20/7 8/8 21/8 >£R 01/586 28/7 28/7 15/8 7£ 9/8 20/8 A BAY 89/557 27/7 21 8 I*B 2^B TOLAQA BAY
      885 words
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      Page 24 Advertisements Column 2
      483 24 COLUMBUS LINE REEDEREI GMBH {A SERVICE OF HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO INBOUND TO UKC SPORE RDM/ADAM HBG MULL (U.K.) lUSALA SAMOA V-ISN 24/7 21/1 M 3M .YDEBANK VXN 14/1 12/1 11/9 21/9 AMAITAI SAMOA V-16W 20/9 17/10 21/10 25/10 Acctptinf FCL to AnteefWlfeiiwi^eliut*Fe/Soutti««jle<i/Se'lwlW** w l (ASIA-SOUTH PACIFIC
      483 words
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      Page 24 Advertisements Column 3
      927 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE ARABIAN SEA 917W NORASIA SHARJAH 8918 3 NORASIA MUBARAK 019-3 NORASIA AL-MANSOORAH 8920-3 (VIA FEEOM) PKL 20/7 27/7 JS Also »ccepting cargo to all U.K. Destinations, Scandinavian (Aarhus, Copenhagen, Gothenburg) Anterp via Rotterdam Anterp via Rotterdam Bremen via Hamburg TO MEDITERRANEAN/RED SEA PEN PKL SIN
      927 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1346 25 jnirriliu iiiniiO, ncuucsuay, uiuy is, iaoa Steamers Maritime Holdings Ltd Wk|l P&O Containers I CONTAINER SERVICE TO UK/CONTINENT: Also Accepting Cargo For: •Muff to CotMotafMi. ferhtn. CMtwnburf. tUlmo. Stockholm. Mtinki. SontefPuri Rottonbm to Antewp, Aimtontoni, Oslo. B»lt Zurich SoMOtMVton :to all UK teotiiutiora. M<ut and OuWin CONTAINERSHIP SERVICE FROM UK/CONTINENT:
      1,346 words
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      Page 25 Advertisements Column 2
      935 25 u«,.r» I ItIE WEEKLY EXPRESS INDEPENDENT YANU LINt FAR EAST/EUROPE FULLT CONTAINERISED SERVICE HANJIN OAKLAND DO3W CHOYANG SUCCESS 004W HANJIN TONCHAE 069W HANJIN ROTTERDAM OMW Also »ccepting lor InUnd UK dntmjliom Antw» and Scandinavian porta FMG KOXA MERCANIE GRANI OIOMHIANA SA (NATIONAL t INfc OF COLUMBIA To Buenaventura/Barranquilla/Santa Marta/Cartagena; Cnstobal/Santo
      935 words
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      Page 25 Advertisements Column 3
      351 25 Sun Hup Co (Ptc) I z*t f_l_ 2? ;190»> T L X HS 2JOAI RS KAS'I I'.KN \1: LINKK i. STRAITS/ JAPAN/ STRAITS SERVICE "T SPECIALIST IN RO-RO HEAVY LIFT! VESSEL SEKI TANJUNG KOGGEGRACHT ASIAN •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS. HONGKONG TAIWAN i CHINESE PORTS. SUBJECT
      351 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      620 26 K3X SINOSEII MARITIME PTE LTD m MARITIME ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for: IRAN TEYFOURI PJL7O7 SID •ujowll KYOWA LINE MTROOUCMQ KYOWA FAST DIRECT B/BULK/CONTAMER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICROMESIA PORTS ETA SPORE 'SPARKLE' HICRONESIA PORTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR TRANSIT*
      620 words
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      Page 26 Advertisements Column 2
      916 26 HAN JIN SHIPPING X/ full container service I TO EUROPE VIA SUEZ HANJIN OAKLAND 003W CHOYANC SUCCESS ®4W HANJIN TONC MAE MM HANJIN ROTTERDAM 004W port L(Havre R'ten H'burf B'lMMn Film. 22/7 9ft 10ft lift 13ft 14ft 29/7 lift 17/S lift 20ft 21ft Sft n/B 24ft ?V* 17 It 2M
      916 words
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      Page 26 Advertisements Column 3
      1275 26 EVERGREEN nll Container Serve.* Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) 10/10 11/10 mt vu 1710 11/10 2D/10 llfll ALSO ACCEPTING CARGO TO 1) providence. Newark, savannah. boston Philadelphia Norfolk. Jacksonville. WILMINGTON. BER44UOA nc 2) ATLANTA. CHICAGO DETROIT. COLUMEUS t OTHER MAJOR MICROBRIOGE OCSTINATIONS I) BALBOA IMON. 4) MONTREAL, TORONTO VIA NEW YORK
      1,275 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      858 27 Mlfrlnlli lunCiO, neuucauaj, u"'J PACIFIC INTERNATIONAL LINES (PTE) LTD J Jpp PIL Building, 140 Cecil Street #03-00, Singapore 0106, Tel: *****33 CONTAINER SERVICES CARKAST run cnw MAJAPAHfT QOWA SIN JKT BBV VOY HKQ KAO KEE 2T J£V iS? 14NB mh nn trn 29/7 2/3 4/8 42N8 1" 14/8 JJJ 7/B
      858 words
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      Page 27 Advertisements Column 2
      390 27 BEN LINE CONTAINERS TASMAN ASIA SHIPPING Tl NEW rilHill HJI AM SIN MAIN LINE (TS) NKC NOUMEA SUVA AKI 22/7 TA MARINER 2S S/8 1/9 5/9 11 It TA VOYAGER 3S 20/8 15/9 19/9 25/8 TA NAVI6ATOR 5S 5/9 1/10 4/10 FROM NEW ZEALAND MAIN LINE TA NAVIGATOR 3S TA
      390 words
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      Page 27 Advertisements Column 3
      394 27 DJASAQETRI A Joint Europe Service Of: P.T. BJMUIITA LL9YI f.T. BESINN LIOYI ft. smnkm tmmm f.t. tokou urn if 1 vsuvor L J BONTANG.IIWB MAT AR ARV24WB SPORE ANTWERP H'BU ROAM/ADAH BRER vnfi s/t m (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO) mm an *vi (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO) Pott Said,
      394 words
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      Page 27 Advertisements Column 4
      387 27 BOUSTEAD SHIPPING AGENCIES AVA V/ 17 PAGAN VI43W HPA-AN VI4IW MYANMA FIVE STAR LINE .-IS (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 17/11 Jul 1/3 Au| 7*» C 17/19 Jul m SEMI-CONTAINER SERVICE 21/8 26/8 18/9 17/10 21/10 NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAUSALA SAMOA
      387 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      811 28 A V \V Kline KAWASAKI KIShN KAISHA. LTD. N. AMERICA-ATLANTIC COAST OOCL FAIR RAINBOW BRIDGE OOCL FREEDOM OOCL FAITH ftEDER VESSEL OOCL FAIR -RAINBOW BRIDGE t)OCL FREEDOM OOCL FAITH N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL MANHATTAN BRIDGE HENRY H. BRIDGE MACKINAC BRIDGE BROOKLYN BRIDGE CHICAGO NYC 17/8 20It 24/8 27/1
      811 words
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      Page 28 Advertisements Column 2
      550 28 EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* Singapore P Mtang Panang Loading tor. Mottwr Vsi By faadar By Faadar TULSIDAS ¥42 24 tutf »My IS July fram/Mafc/Sydn/Adal KALIDAS V.44 1/ Ai« 11 Au| 11 Auf Frwn/Halb/Srdn/Adal TULSIDAS V 43 Sep» 2 S*pl 2 Sept From/Malb/Syei/Adal KALI OAS *45 1 Oct as«l
      550 words
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      Page 28 Advertisements Column 3
      268 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 73 TtM Aft* Street SiNGAPORf 0104 Til UUM (10 LINCS) Fj. U43SM STRAITS/PERSIAN GULF SERVICE: S*por. p. OOLOCN HAVEN Cotantoo/KjridWOuUi ZUt Jy*y COCOEN KM Catonbo/lUractM/Oubai M August CHINA StPtVtCl Ml WN SHAN I Ktteif Petum nnpu tmnidii M/X My CHINA OCEAN SHIPPING CO.,
      268 words
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      Page 28 Advertisements Column 4
      434 28 m>M4 PHILI-ORIENT LINES PTE LTD MEAD on i ROBINSON ROAD =07-00 iV >f- CIVC, SINGAPORE 01 06 "F.E« RS PHIL) PA* 225S6 7 6 I. I. MIT-— UQSS ETA SINGAPORE n M.*n, an COLOMBO. KARACHI. BOMBAY. MAMAS. CALCUTTA N GENLORD 127/7 |WW ww» ki ra. a ici sama micttemi LON
      434 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      731 29 S IK 1 Genet at toquwtei NEPTUNE AGENCIES PTE LTD Bookings ft EU/AUST 2/IS/M 2/***** :nOIII NEPIME SON BHD i Penan* W0035 (CR NO. **********0E) NEPTUNE ORIENT LINES LTD Ptnang J Bih'u UOO3S 23®*0 nm> ?3«m M*U (IM2 EXPORT TO-EUROPE UK (VIA SUEZ) IMPORT FROM EUROPE/ UK (VIA SUEZ) 13/07
      731 words
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      Page 29 Advertisements Column 2
      130 29 PAN OCEAN UjAf) SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES TO UK CONTINENT PORTS TO USA PORTS TO JAPAN/KOREA PORTS Loading for NARRATOR Inchon/Busan Loads Indonesia Spore BALISA AGENCY PTE LTD 80 p a r aae Roac "'S-O 1 02 Pa'KAav p a r aae Singapore 1 544 T eiex RS
      130 words
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      Page 29 Advertisements Column 3
      81 29 TEL: *****55 FAI *****73 TLX RS ***** FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 28/7/89 ETD 30/7/89 Daily receiving cargo at PPW/Jurong Port/Marina S«mbawang Perita Shpg Trdg P L HU Tel No S33BS2S Tli: 42%2 Fai *****86 PERITA CONTAINS
      81 words
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      Page 29 Advertisements Column 4
      897 29 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMM P. KELANC MESSRS HAITHONCSHITTINC 127 Tana« Street Pana««, Malays* M/S MANOUNC SYSTEM CO SON. BHO Cabin
      897 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      285 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TH 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO F DSR-LINES VEB DEUTFFIACHT SEEREEDEAEi ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND 0. GROTEWOHL 6/89 FAHRLAND VB/89 W. ULBRICHT V
      285 words
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      Page 30 Advertisements Column 2
      17 30 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONGKONG/TAIWAN/JAPAN M/V ANDROMEDA STAR PORT KLANG AGENT TEL: *****04 FAX: *****49
      17 words
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      Page 30 Advertisements Column 3
      212 30 UCO REGIONAL CONTAINER LINE a I 1! •*1 LvfyTlH ASEAN PORTS 5 SAILINGS A WEEK Co Ltd BKK (Tel: SINGAPORE ._US EASTERN PIONEER P.KELANG DASWANI Sdn Bhd PENANG DASWANI Sdn Bhd VESSEL SONGKHLA Wl I aP vp np 3 SAILINGS A WEEK Pkl (Tel: *****59) 2 SAILINGS A WEEK 62
      212 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      181 30 Regional Weather f us 1 NT 'a V, i 1! A A rj2 y Mi 2 i It s -> ss 5 <?> i *< kT+ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 19,1989 c/* Wind direction with speed in knots Wove height R Thunderstorm Temperature <> c
      181 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      614 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 <t> cn a n II J ml] OLjjjj J JI fx ill 1 Irt ■*—.yvuJ I Algerian National Line TI MEDITERRANEAN SERVICE S'PORE LOADING FOR KSAR CHELALA 28/7 ALGER/ORAN/ANNABA/TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift
      614 words
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      Page 31 Advertisements Column 2
      360 31 G, m ■m P* RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 L.nes) FAX *****15 TELEX RS ***** RISHIP (3 Lines) (Mutwirttt I m of Elltiopit) ACCEPTING FCL AND CONVENTIONAL PEM/PKG ETA SPORE ABBAV WOHZ In PI VOY 20W8 NETSANET 30/8 voy lews OARESSALAAM MOMBASA OJtBOUTI ASSAB MASSAWA HOOEIOAH
      360 words
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      Page 31 Advertisements Column 3
      759 31 4 SIGMA EXPRESS (S) PTE LTD /y TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 21/7 BUSAN 23/7 BOMBAY 23/7 COLOMBO 23/7 HONGKONG 22/7 MUARA/LABUAN/KK 21/7 KUCHING/SIBU 29/7 TOKYO/YOKO/KOBE 22/7 LE HAVRE/HAMBURG 21/7 FELIXSTOWE/R'DAM 21/7 KEELUNG/KAOSHIUNG 23/7 FREMANTLE 22/7 SYDNEY/MELBOURNE 22/7 CHITTAGONG 20/7 < CFS > CRYSTAL FREIGH SERVICES PTE
      759 words
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      Page 31 Advertisements Column 4
      237 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE LEUVE VflM OCEAN STRENGTH VISA TIGER BAY V73N CALABAR V?N OCEAN SINCERETY VIM SUSAK V74N EQUATOR PRIDE VOSW TIGER BAY V7SN CALABAR V3N SUSAK V7CN a/7 1/| OM 02/1 02/1 ll* m-— u/» 23/1 RORO ft LOLO SERVICES ALL LCL/FCL ACCEPTABLE
      237 words
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      Page 31 Advertisements Column 5
      110 31 J&FARGO SHIPPING W TM:2S4 DISS REGULAR EXPRESS FCL LCL SERVICE ABC CONTAINERLINE TO AUSTRALIA/NEW ZEALAND VSL r* T-T" TUT txmcss a l. HUDIC 221 BRUSSU 231 C. VMOUK 232 12 DATS TO MELBOURNE! TO USA/CANADA v VSL TNT EXPRESS 221 22/7 E NUNC 229 MUSSEL 231 C. VEItOUK 232 Alto
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      Page 32 Advertisements Column 1
      223 32 GOODWAY LCL ACCEPTANCE TO NOUMEA. FIJI SIN HKC NOUMEA SUVA 22/7 5/8 1/9 11/ l 20/8 15/9 25/8 5/9 1/10 EXPRESS SAILINGS TO PAPUA NEW GUINEA SIN 23-25/7 PORT MORESBY LAE 2lt tit GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTOMGA FUNAFUTI TUVLU SIN SUVA
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      Page 32 Advertisements Column 2
      320 32 OcemService LCL/FCL SERVICE TO/FROM PENANG KL: ALLIED-LINK Na/Chrlctin* CMm SINGAPORE: 770 00KZ(22 LINES) Elaine Tao/Esther Yap f IM/Mf/ (5 LINES) <> REGULAR I'SER SERVICE CENTRAL VISAYAS 21/7 MA NORTHERN CHERRY 19(7 HKi 10 SLALS t'NER SERVICE JUL Manila. Kaohsiunc UIPRESS INBOUND iVEEKLY SVCS FROM ALL UNITED KINGDOM CITICS/POKTS FROM LOS
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      Page 32 Advertisements Column 3
      336 32 C SAV TO/FROM CHU retooi p pom rother vessel m vokoamcamn artofvalp sai cte CONCORD MAYATO *-H «7 LWCAY VZQS If* MR I*l I*s 17/1 VI H»- M/M CARGO FOR PORTA ARENAS. TALCARUARO (SAN VICENTE) ACCEPTED WITH T/S VIA VALPARAISO Singapore MJ2JOO K. Lumpur /J34??bi6 X /3142 W. Bookings 108
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      362 33 —a mmm Clifford Centra S'ngapore T#l ******1 5 Ever«n Steamship Corpn.S A So 7 We'd Quay if Fir Rm No 3 Ppnm Tei 62S4SS *****2 Marri§ont A Ccosl'eld P Keiang L *****01 4 *****66 INTERCONTINENTAL LINES Q3E3512 DESTINATIONS V!!l"!i'B!M| 7WB I WEEKLY FCL/LCL GROUPAGE FROM SINGAPORE PORT KELANG PENANG JOHORE
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      Page 33 Advertisements Column 2
      475 33 ZTNT ruiL CONTAINER SERVICE KCtpling FCLLCL cirgoes to USA Ent 8 West Cwil Caribbean East Cmida HAITI Coitl Rica El Salvador Guitcmili Hondurn VenciueU Peru Ecuador Colombia via Miami Trinidad Barbados Antigua St lucia Montserrat Guayana via Kingston l| I MM 1I ill lM M II I I— M I■!
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      Page 33 Advertisements Column 3
      561 33 TT J BINPPBIB TNAMOPOftTATKM (TT*) LTD WEEKLY LCL/FCL SERVICE VESSEL A VESSEL A VESSEL DESTINATIONS ETA SINGAPORE PORT KELANG 21 JULY MANILA 21 JULY HONG KONG. ALL CHINA PORTS 21 JULY KEELUNG. KAOHSIUNG 20 JULY BUSAN 20 JULY TOKYO. KOBE 25 JULY CHITTAGONG 19 JULY DUBAI 21 JULY JEDOAH 23
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      Page 33 Advertisements Column 4
      523 33 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA PRABHAKTI PRASE TIA PRABHAKTI VOY SINGAPORE JAKARTA ETA ETO ETA ETD 278-279 IN PT IN PT 21/07 21/07 08-09 22/07 24/07 26/07 27/07 280-281 25/07 26/07 29/07 29/07 VOY SINGAPORE SURABAYA
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      Page 33 Advertisements Column 5
      445 33 PTC CONTAINER LINES FCI ICI SERVICE ?1M fan east 23/7 KEELUNG/KAOHSIUNG 23/7 BANGKOK 21/7 MANILA 22/7 JAKARTA 21/7 PORT KELANG/PENANG 24/7 BUSAN 25/7 TOKYO/YOKO/KOBE 24/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xinpng/Shanghai 22/7 LDN/FLX/LVP/SOU 22/7 RDM/HAM/ANT/IE HAVRE/GENOA also accepting cargo to all Europe inland destinations H| Ifft/gftHfttfj 23/7 LA./NYC/SFO
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      940 34 il I 1 k MERCHANT MARINE CO., LTD. FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE WESTBOUND FROM USA FROM PSW IJIj OAK SEA HKG SIN H. CHALLENGER 25W 19/01 22K* 25/06 13/07 20/07 HYUNDAI INNOVATOR 24W 26/06 29(08 02)07 20/07 27)07 HYUNOAI EXPLORER 23W 03/07 07/07 10)07 27/07 03/08 HYUNDAI COMMANDER 09W
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      Page 34 Advertisements Column 2
      678 34 hx JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA 25/7 4 30/7 2S/7 4 30/7 2V7 4 30/7 KARACHI CALCUTTA CNITTAGONG 2S/7 i 30 25/7 A 25/7 30 7 NEW ZEALAND/ AUSTRALIA AUCKLAND KELLINGTON I. PLYMOUTH 2*/7 4
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      Page 34 Advertisements Column 3
      571 34 J: <■ .yv />. o<»* <. r~ MitsciOSK Lines .Ltd FULL CONTAINER a. UK/CONTINENT (TRIO) S part P IWMf Is'tw Ntwt >'ka«aa Lak Ton to oms MP M W (I W "sr;.. s *_S aS Z MEDITERRANEAN (MED CLUB)* Alaa Accapbat Cafje Far to Aillaaia, AMtviM. to alt UK MMtm,
      571 words