The Business Times, 21 July 1989

Microfilm: NL16672
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (PI 45/12/88 FRIDAY, JULY 21, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    261 1 Footsie down LONDON share prices were weaker at midday yesterday, as the market's recent buying spree ran out of steam. By about 1100 GMT, the Financial Times-Stock Exchange 100-share index was off 5 points, or 0.2 per cent, at 2,287.5. AP Dow Jones up NEW YORK blue
    261 words
  • Article, Illustration
    Australia surges to 9-month high
    201 1 REGIONAL MARKETS closed mixed yesterday with Sydney surging to a nine-month high on the back of Wall Street's impressive 40-point overnight gain. Late profit-taking and a lack of follow through buying in Singapore saw the Straits Times Industrials Index slipping 3.63 points to 1,365.39. while
    201 words
  • Article
    Lock icon 'Impact of second link must be looked into'
    131 1 Bernama MALAYSIAN Information Minister Datuk Mohamed Rahmat said yesterday that the second linkage between Malaysia and Singapore would help speed up development but one had to consider the possible repercussions on the local community. "I am all tor it but the project
    Bernama  -  131 words
  • Article
    Lock icon High Australian interest rates finally cutting demand for goods
    319 1 Reuter OFFICIAL statistics showed yesterday that Australia's crippling interest rates were finally cutting demand for retail goods and home loans. Government data showed retail sales fell nearly 5 per cent to A 56.4 billion in May. the largest monthly drop since
    Reuter  -  319 words
  • Article
    Lock icon S Korean beef quotas still too low, says Australia
    181 1 AFP AUSTRALIA expressed disappointment yesterday that South Korea had only partially relaxed its beef import quotas, with government and industry officials calling for total liberalisation of the Korean beef market. A spokesman for Trade Negotiations Minister Michael Duffy said Australia was
    AFP  -  181 words
  • Article, Illustration
    Intraco moving in new directions
    453 1  -  ATTEMPTS TO STRENGTHEN ITS CORE ACTIVITIES By JOHN TAN LISTED trading company Intraco is actively seeking investment opportunities in manufacturing locally and abroad in order to strengthen its core activities. BT understands that the company, in which the government has a stake, is currently examining
    453 words
  • Article
    Jack Chia sells eight million JC-MPH shares at $1.23 each
    342 1  -  By MAGDALENE NG BUSINESSMAN Jack Chia has unloaded eight million Jack Chia-MPH (JC-MPH) shares on the local stock market at $1.23 each, drawing almost $10 million from the sale. A spokesman from Hong-kong-based Chin Tung Investment confirmed that it placed
    342 words
  • Article, Illustration
    Bid system planned for CFC supplies
    503 1  -  By GENEVIEVE CUA INDUSTRIAL users and suppliers of ozone-depleting gases will have to bid for part of their gas supplies under a new system to be implemented by the Trade Development Board. The bidding is part of the system worked out by the TDB
    503 words
  • Article
    Yeo's one step away from a US$52m deal
    208 1 YEO HIAP SENG has sent a team to the US for final inspection of Chun King, the American canned food company it has successfully bid for in partnership with gov-ernment-owned Temasek Holdings. YHS, which is splitting the cost of the acquisition from
    208 words
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      Page 1 Advertisements Column 1
      83 1 <•)■ Wedding Package <•> r 1 $220.00 nett per table FREE Flow of Stout. Beer, Soft Drinks etc (Min. 10 Tables) IT'S STILL YOU AND YOUR CROCODILE >4 PUT ON A CROCODILE WEAR A LECEND AVAILABLE AT CENTREIXWST 002-35 MARINA >\JI'ARE *****J* TISMA ATRIA 001 -0Q»Ol BCENTRE 001-OB PARKV.XY PARADE
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      Page 1 Advertisements Column 2
      41 1 Full report, PAGE 16 Regional Mkts, PAGE 18 World Mkts, PAGE 19 For market indices, Editorial, Advertising Circulation extensions, call Business Times Information Service 730-5155 Business Times address: Times House, 390 Kim Seng Road. Singapore 0923. Telex: RS *****. Fax: 733-6271
      41 words
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      Page 1 Advertisements Column 3
      162 1 mm \ssm Editorial comment 10 Home sweet home in the precincts Philippine economy 11 Recipe for growth Horsburgh Lighthouse 2 Ships advised to keep clear Local workers 3 Still being wooed by firms abroad Indonesia Foreign investments up 200 pc Stanchart Merchant 7 Focusing on 3 key areas Laos radio
      162 words
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      10 1 Getting Singapore Into US Mip*rmarfc«ts, PAGE 10 Sm PAGE 4
      10 words
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      231 1 @>$~?)@[_"\,{$@@~?^>`"<=_}/^:'' C#uuX*v<~ Lfatyk, m i i i A Singaporean abroad WHAT REALLY keeps the trekkers going, and going...? Places like the remote Hunza Valley in Pakistan, with its loneliness and complete isolation, says one writer. She takes the soul-searcher to the place where mountains meet. Another traveller recounts in EL
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  • HOME NEWS
    • Article, Illustration
      Ships advised to keep clear of H Lighthouse
      314 2  -  By LINDA CHEE VESSELS are advised to keep clear of the area around Pedra Branca, where the Horsburgh Lighthouse stands, as the Port of Singapore Authority is installing radars as part of its $40 million Vessel Traffic Information System (VTIS). This system,
      314 words
    • Article
      Comtec '89 a platform for innovation
      239 2 SOUTH-EAST Asia's leading microcomputer show, Comtec '89, will also serve as a platform for upgrading and promoting professionalism and innovation in the industry. In addition to the display of the latest products and technologies in the information technology (IT) industry, there will also be
      239 words
    • Article
      Matsushita auto-insertion factory expects to double sales
      365 2  -  By JOCELYN TOH WITH Singapore's expanding manufacturing sector and the concerted push towards hightech industries, Matsushita Technical Centre (Mastec) expects a doubling of its machine sales this year. The sales boost will come from Mastec's second factory which makes auto-insertion machines. Opened officially
      365 words
    • Article
      Goodwood Park wins award by international hotels group
      220 2 THE GOODWOOD Park Hotel has been honoured by an international hotels association. The Public Relations Award of the Year was conferred on Goodwood Park by the Preferred Hotels Worldwide, an association of independently operated and marketed luxury hotels and resorts. Goodwood Park
      220 words
    • Article, Illustration
      A sadness tinged with fond memories
      540 2  -  By JOHN THOMAS NEW ZEALANO's permanent troop deployment for Singapore and Malaysia, which began in 1955 to help British-led operations against communist guerillas, formally ended with a military parade yesterday amid expressions of sentiment and realism. While the sentiment was demonstrated by the departing
      540 words
    • Article
      Four steps to achieving world-class quality
      356 2  -  By HELEN CHANG REACHING world class quality is a matter of passing through four phasas of productivity, an American management consultant said. The four stages are innocence, awakening, commitment or implementation, and achievement, Mr Keki Bhote of Motorola Inc said during a breakfast talk
      356 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      277 2 BERNARD SOH has been appointed director of sales of River View Hotel. Also recently appointed are DOLLY LEE as public relations and advertising manager and EDWM TAN as assistant FAB manager. Mr Soh has 10 years' experience in the hotel industry and in his new role will
      277 words
    • Article
      SICC balloting: the lucky 50
      355 2 ONE OF the most important social events this year took place earlier this week, netting the organiser. the Singapore Island Country Club, some $1.75 million. At 6 pm on Wednesday, balloting for the 50 SICC golfing membership was held at the club's Bukit location. The
      355 words
    • Article
      Untitled
      371 3 Seminars and Courses 1 c E S Cahners Tet *****13 Exposition Tbc RS ***** Group Fax *****68 A Jul 23 Personal Enhancement Crown Prince Hotel WASP Secretarial *****65 Programme Pte ltd lul 25 Security Management Hotel New Otani Datasearch *****31 Resources Jul 25 Materials Handling SMA House Singapore *****87 Manufacturers'
      371 words
    • Article, Illustration
      Illegal Thai workers urged to surrender
      256 3 THE THAI ambassador went on television last night to appeal to illegal Thai workers to register themselves for immediate repatriation. After that they could apply to work here legally. As legal workers, they would be protected by the Thai Embassy and the Singapore government,
      256 words
    • Article
      Numerous overseas jobs for Singaporeans
      570 3  -  By ANNA TEO EVEN AS Singapore employers ride on the back of relaxed immigration rules to woo Hongkong and other foreign professionals, others continue to advertise overseas openings for Singaporeans. They are, however, discouraged from selling permanent residence abroad as a job incentive. Among the
      570 words
    • Article
      Forum on post-turmoil China
      224 3 CHINA and the Beijing aftermath. What has changed and what hasn't; what lies ahead for businessmen and investors over the next two years? A forum to be held next month will examine these and related issues. A panel of speakers will take part in a forum
      224 words
    • Article
      More than a name-change for S'pore Quality Institute
      263 3 THE TRANSFORMATION of The Singapore Quality Reliability Association to Singapore Quality Institute (SQI) on July 5 is more than a mere change in name as the new organisation aims to turn itself into a professional body for quality control practitioners and quality-orient-ed
      263 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      109 2 This performance shoe combines the best of athletic technology and golf tradition in its new and stylish range of colours. FAIRWAY ATHLEISURE gives you comfort, durability and what's more foot-cradling support for that most imperative follow-thru in your golf swing. Unlike traditional golf shoes, FAIRWAY ATHLEISURE is lightweight yet offers
      109 words
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      8 2 Prompt pick-up and delivery 24 hours a day
      8 words
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  • Page 3 Advertisements
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      103 3 The dragon. a symbol of authority and good fortune, appears on many hinese artifacts. Here, an ornamental walking stick puts the power of the dragon in the owner's hands, a clear mark of distinction. A MARK OF DISTINCTION. NOTHING SAYS j AS MUCH AS GOLD. THEGOLO CARD I or more
      103 words
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  • ASIA-PACIFIC
    • Article
      Manila bids for bigger share of Japan's industrial imports
      412 4 JAPAN'S plan to become the world's largest importer is expected to spur a major shift in the export thrusts of many Asian economies, analysts in Manila say. The Philippines, facing stiff competition from other Asian countries, has in fact begun lobbying
      412 words
    • Article
      Lock icon Paris reaffirms welcome for Japanese investment
      285 4 AFP FRENCH Industry Minister Roger Fauroux has defended France's openness to Japanese investment in a meeting with his Japanese counterpart Seiroku Kajiyama. a spokesman for a French delegation to Tokyo said. Mr Fauroux, who arrived in Tokyo on Wednesday for a fourday visit, delivered
      AFP  -  285 words
    • Article
      Lock icon Kimono maker buys resort in California
      172 4 AP JAPAN's largest maker of kimonos has bought the 350-room Dana Point Resort hotel for more than US$lOO million, one of the largest real estate deals in Southern California this year. Japanese garment giant Masuiwaya bought the hotel overlooking the ocean from Edward and
      AP  -  172 words
    • Article
      Lock icon India, Pakistan agree to ease trade and travel to improve ties
      371 4 Reuter INDIA and Pakistan agreed on Wednesday to ease curbs on trade and travel to help normalise relations soured by 42 years of hostility. Indian Foreign Minister P V Narasimha Rao said the decisions were a real breakthrough. Pakistan
      Reuter  -  371 words
    • Article
      Lock icon India criticises Premadasa for setting pullout deadline
      135 4 AFP INDIA yesterday strongly criticised Sri Lankan President Ranasinghe Premadasa for setting a July 29 deadline for withdrawing Indian troops from his country, and said it had prevented New Delhi's own attempts to evolve a time frame for the pullout. Describing Mr Premadasa's
      AFP  -  135 words
    • Article
      Lock icon South Korea offers to raise beef import quotas
      247 4 Reuter SOUTH KOREA sought to placate several key trading partners on Wednesday by offering to rsise controversial quotas imposed on beef imports. South Korean Ambassador Sang Ock Lee told the ruling council of the 96nation General Agreement on Tariffs and Trade (Gatt)
      Reuter  -  247 words
    • Article
      Lock icon Manila, Moscow agree on economic exchange
      204 4 Oana-PNA PHILIPPINE Foreign Affairs Secretary Raul S Manglapus and Soviet Foreign Minister Eduoard Shevardnadze signed in Manila on Wednesday the first Philippine-Soviet economic and technological exchange agreement, and a memorandum of intent to negotiate and exchange real estate for the use of diplomatic missions.
      Oana-PNA  -  204 words
    • Article
      Foreign investments in Indonesia jump 200pc
      342 4  -  By DAVID CHEW THE INVESTMENT climate in Indonesia has taken on an upbeat mood as foreign investments jumped from US$l.46 billion in 1967 to US$4.4l billion last year, according to the Hongkongbased Political Economic Risk Consultancy. This 200 per cent jump in foreign investments
      342 words
    • Article
      Jakarta's simplified rules cut down investment costs
      253 4  -  By DAVID CHEW INDONESIA'S State Planning Board chairman Saleh Ariff announced a simplified set of investment rules on May 11 which reduced the amount of money foreigners must fork out to invest in the country, according to the Quarterly Risk Report. As a
      253 words
    • Article
      Lock icon Malaysia's economic blueprint expected in October
      282 4 Bernama THE National Economic Conaultatlve Council (NECC), entrusted with formulating Malaysia's economic politiee after 1900, is expected to prepare its preliminary report in October, its chairman Tan Sri Qhazali Shafie said on Wednesday. The council had appointed Datuk Dr Kamal Salih, to be aaaiated
      Bernama  -  282 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1133 4 ARRIVALS Operator Sorvfco number Local Hw> From G4A SU MAS UAL SU JAL DIM MAS SU MAS MAS SU CTA SW« MAS GU su MA QFA SAS SU GU THA SU SU GU SU TtY MAS SAB SU SU SU RN SU MAS SU SU KIM THA
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      135 4 Haute Cuisine Shanghai... 1 3 s: life .'1 5 *> Now, you can savour the culinary treasures of Shanghai served with Continental panache at Goodwood Park's new CHANG JIANG SHANGHAI RESTAURANT. Here, your exquisite meal will start with complimentary aperitifs and a dainty appetiser. The authentic Shanghainese dishes, both in
      135 words
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      Page 4 Advertisements Column 2
      41 4 The butineu pcnon's chokc every Tuesday, Thunder, Saturday and Sunday. Lovine Chinri Airport at 22rCS houn and arriving at Later 1 Panon International \irport the Mknring day. Caff *our Travel Agent or Air Cimdi at *****55. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      66 4 "SS/ July 19 tongkok 22/15 Goody 32/21 Oowdy 13/11 Ont 43/31 Omt 33/25 Omt 31/25 Oowdy 32/21 Ooor Singapore OUTLOOK: Fair Report for 24 houn prior to 7.30pm on My 20 at Hrs ol hmMm US RaMaN Mo 1«1J Rainy days Ma adk... 1# Bwdopost Bwonoi Alrot Cairo Caigory Corocas
      66 words
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  • REST OF THE WORLD
    • Article
      Lock icon Bush may review decision on PC exports to East bloc
      369 5 AFP US PRESIDENT George Bush may review a Commerce Department decision to ease restrictions on computer exports to the Eastern bloc, Secretary of State James Baker said on Wednesday. In reviewing the decision, Mr Bush will be mediating a rare
      AFP  -  369 words
    • Article
      Lock icon US likely to decide on steel import quotas this week
      206 5 Reuter PRESIDENT George Bush, beset with conflicting advice, is likely to announce a long-awaited decision this week on whether to renew US steel import quotas, White House officials said on Wednesday. Mr Bush pledged during his election campaign last year
      Reuter  -  206 words
    • Article
      Lock icon Job losses in runup to '92 played down
      262 5 Reuter JOB LOSSES from increased competition as the European Community tears down internal barriers will be more than recouped after 1992, according to a report adopted by the EC's Executive Commission on Wednesday. An earlier version of the report on employment suggested
      Reuter  -  262 words
    • Article
      Lock icon EC adopts new measures to deregulate air travel and cut prices
      312 5 AFP THE European Commission has adopted a series of measures to deregulate air travel within the 12-nation European Community and reduce prices. The EC Transport Commissioner Karel Van Miert said on Wednesday this would not be a US-style deregulation.
      AFP  -  312 words
    • Article
      Lock icon New Polish government faces worsening economic situation
      395 5 AP GENERAL Wojciech Jaruzelski says the major task facing him now that he has become president of Poland is to appoint a government to deal with the country's pressing economic problems. Mr Jaruzelski, first secretary of the communist Polish United Workers Party, was
      AP  -  395 words
    • Article
      Lock icon EC proposes US$120m programme of food aid for Poland
      235 5 Reuter THE EUROPEAN Community on Wednesday proposed a US$l2O million programme of food aid for Poland over the next two years. The proposals, agreed by the EC's executive commission, are in response to last weekend's call by the summit of leading
      Reuter  -  235 words
    • Article
      Lock icon Striking Siberian miners return to work
      306 5 AP SIBERIAN MINERS have begun returning to work after the government granted pay concessions, but a strike that President Mikhail Gorbachev said threatened his economic reforms escalated on Wednesday in Ukrainian coalfields. The official Tass news agency said 24,000 strikers in the Kuznetsk Coal
      AP  -  306 words
    • Article
      Lock icon Gatt names first 12 to have trade policies reviewed
      365 5 FT THE GENERAL AGREEMENT on Tariffs and Trade (Gatt) Council has listed the first dozen countries whose trade policies will be examined under the new review mechanism agreed by trade ministers last December. US policy had already been marked for review
      FT  -  365 words
    • Article
      Lock icon UK asked to raise foreign stake limit on Rolls-Royce
      308 5 Reuter THE EUROPEAN COMMISSION has ruled that Britain could limit foreign ownership of aeroengine maker and defence contractor Rolls-Royce pic but said the ceiling must be raised from 15 per cent to 29.5 per cent. Britain had defended on national security
      Reuter  -  308 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      52 5 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touch and comfort. For short-or long-term lease, call Florence/Dina
      52 words
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      Page 5 Advertisements Column 2
      67 5 0 m I ji I Jfc D DICKSON MARKETING PTE LTD 4 Member <y (he DICKSON Group <y Company 400 Orchard Road *24-07 Orchard Toners Singapore 0923 Tel *****22 (6 Unes) Tlx RS ***** DTRDG Fax *****33 AUTHORISED DEALERS: HoQiporr France Vogue Grand Classic Halley s Jeweiery Industries Jurong Crocodile
      67 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      75 5 Doonesbury YOU STILL IN sk/ ONE piece* I IN&PYOU KNBW IN ONE vouv piece. srjLAet x W r</ m I HW FINE, THANK YOU.SW. NOT ONLY THAT, BUT I'VE HAP MYBLOOPTEST! 1 V BY GARRY TRUDEAU Ths AMBASSADOR EXPLAINS? VMB THB PLAN ABOUT 6ETVNGMAPPJBP. CANYOUBBu&err,siR* THEti&nAßce, NUDGBP ALONG BY H/STOPy
      75 words
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  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1308 6 SINGAPORE: The US dollar closed mixed yesterday, higher against the mark and lower against other major currencies in a day of technical trade, dealers said. It closed at 142.10/15 yen against New York's 142.50/60 yen and at 1.9140/45 marks against 1.9130/40 marks. Dealers said the dollar lacked a
      1,308 words
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      Asian $ market
      284 6 Asian market ASIAN DOLLAR DEPOSIT rates ended at opening levels after thin trade yesterday, with the market awaiting US Federal Reserve Chairman Alan Greenspan's testimony before Congress later yesterday, dealers said. Term rates fell between 1/16 to 1/8 point at the outset due to the smaller-than-expected rise in the US
      284 words
    • Article
      Comex gold/silver futures
      173 6 Qold futures on July It, 1989 100 My Opw own*; USS p* My om LM> MM M 370-00 370.00 ***** m nt •440 Aug 373.00 37X60 3*940 3*9X0 *30 Up 371*0 -440 Oct ***** 377*0 372-70 37X50 -440 -470 Ok 3*1.30 M2.I0 ***** 377*0 Nb 90 3*5.30
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    • Article
      Lock icon IMM
      283 6 Reuter IMM CURRENCY futures sank throughout most of a choppy, thin session to close near the day's lows on Wednesday. Futures began to skid early after failing to reach or to hold at key resistance points on a rally. With little fresh news to lend market direction, dealings became
      Reuter  -  283 words
    • Article
      Lock icon Simex
      519 6 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened 12 ticks higher than previous Simex close at 91.46 following a lower-than-expected 0.2 per cent rise in US June Consumer Price Index. Trading was cautious ahead of Federal Reserve chairman Alan Greenspan's Congressional testimony later last night. The September contract range from
      BA Futures  -  519 words
    • Article
      Money markets
      68 6 THE OVERNIGHT rate on the Singapore money market was unchanged at 5-1/4 per cent. The one-month rate was also unchanged while two and three months fell by 1/16 point each. S$ Inti r L> <•. mL OrDOHK rates at the doM y ester da' orm K> Owf3 1/4
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    • Article
      Options
      1262 6 CURRENCY FUTURES OPTIONS Mim Thursday, July 20, 1989 UCU 1 9 SspttcaM Mgk LM 1 Ml Sap 1 Mpl MpMB Lev 52 77 S3 129 54 197 JAPAN Thursday, July 20, 1989 ESE YEN (SMEX) Sap M mN* MM L«B M pels Low SM 75 429 CURRENCY FUTURES OPTIONS
      1,262 words
    • Article
      Government Securities Market
      113 6 Treasury bills Period Issue Yesterday's dosing Day's code Maturity MO OFF» NGH LOW 3 iwmntn BQ*****N 19.10.89 3.81 3.76 3.78 374 6 iwmirta 8S*****V 18.01.90 3.98 3.93 3.98 3.92 1 y«or BY*****F 24.05.90 4.13 4.08 4.10 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing
      113 words
    • Article, Illustration
      World interest rates
      176 6 Indicate* flw mraji d u ■m prims landing rates of 12 major banks In fpors r Interbank market ra ites (offer/bkl) on July 20 uss t DM SWFC Y«l 7 *myt 1/4 l/a 14 1/4 14 l/« 13/1* 13/1* 7 1/1* 13/1* 3 1/1-3 1/4 1 l/l*
      176 words
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      181 6 Safes Secure in the knowledge it's a Chubb Chubb Guardian Mark 111 Sate <1 Behind the world famous name of L Chubb is a depth of knowledge that QH goes back 170 years. Knowledge and experience that has established their position as masters |^T~ of their trade. Q i J
      181 words
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  • BANKING AND FINANCE
    • Article
      Lock icon M Hanover sets up global services group
      502 7 NYT THE MANUFACTURERS Hanover Corp announced on Wednesday the creation of a global services group, the first step in its promised reorganisation. The banking company is expected to announce details soon of newly organised regional banking and global banking groups. The global services
      NYT  -  502 words
    • Article, Illustration
      Lock icon World Bank reports slightly higher net income
      544 7 Reuter THE WORLD BANK said its net income for fiscal 1989, ending June 30, rose to U551,094 billion from US$l,OO4 billion the previous fiscal year. The net income is after provisions for nine countries in non-accrual status. The international lending agency said its
      Reuter  -  544 words
    • Article
      Lock icon More World Bank guarantees to boost flow of capital to Third World
      266 7 Reuter THE WORLD BANK, seeking to increase the flow of private capital to the Third World, said it will provide more guarantees as part of an expanded commercial cofinancing programme. The programme is intended to support bank borrowers
      Reuter  -  266 words
    • Article
      Lock icon Some major Tokyo banks expected to move up ladder of credit ratings
      383 7 Reuter SOME MAJOR Japanese banks could soon have their recent financial performances blessed with higher credit ratings, many analysts say. Moody's Investors Service, Standard and Poor's Corp and two private bank raters are beginning annual evaluations in Tokyo,
      Reuter  -  383 words
    • Article
      Lock icon Japanese bankers brace for battle in California
      478 7 Reuter JAPANESE BANK officials said their Californian subsidiaries will be well prepared for some red-hot competition when the state lifts its ban on inter-state banking in 1991. "There is no doubt competition will be more severe after 1991," Mr Takao Narita, senior regional
      Reuter  -  478 words
    • Article
      Lock icon Iran to lift ban on forex dealers, says magazine
      203 7 AP IRAN'S foreign exchange dealers, outlawed by the government since the 1979 revolution, will be allowed to resume business to counter the flourishing black market, the official Islamic Republic News Agency reported on Wednesday. The agency, monitored in Nicosia, quoted the
      AP  -  203 words
    • Article, Illustration
      Stanchart Merchant to focus on 3 key areas
      397 7 New chief sees plenty of opportunities By SOH TIANG KENG, Financial Correspondent STANDARD Chartered Merchant Bank Asia, which has recently recruited a veteran London merchant banker as its new chief executive, is stepping up its efforts in three key areas corporate finance;
      397 words
    • Article, Illustration
      Lock icon Agreement on Brady plan expected 'reasonably soon'
      532 7 AP AMERICAN Treasury Secretary Nicholas Brady said on Wednesday that he expects an agreement "reasonably soon" between private banks and Mexico in the first test of his plan for reducing the US$l.3 trillion accumulated debt of Third World countries. Back from the Paris
      AP  -  532 words
    • Article
      Lock icon W Germany, Taiwan asked for debt aid
      264 7 NYT TREASURY SECRETARY Nicholas F Brady has called on West Germany and Pacific Basin countries like Taiwan to play a larger role in reducing Third World debt and supplying new loans at low interest rates. In his first appearance on Capitol Hill since
      NYT  -  264 words
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      7 7 #08-»Uffle«C3tySfco»lag Centre Tel: 838 8186/338 8468 fP
      7 words
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      Page 7 Advertisements Column 2
      153 7 HOUSE OF BLOSSOMS PI CIIIXKSK RIvSTAI 'KANT GUESS WHAT II IF PRAWNS THAT LED TO THE FISH THAT LED TO THE LOBSTERS LED TO? L 't The next course is really up to you—erabs, salmon, guroupa etc. But then again. with our Seafood Affair, anything can happen! Our Seafood Affair
      153 words
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  • COMMODITIES
    • Article
      Lock icon KLCE plans new prompt delivery tin contract
      310 8 Reuter THE KUALA LUMPUR Commodity Exchange, which already trades tin futures. plans to introduce a new tin contract for prompt delivery. The KLCE Tin Committee met on Wednesday to finalise terms for the contract which will require delivery within four business days, committee
      Reuter  -  310 words
    • Article
      Lock icon Tin price expected to fall, then recover later in the year
      540 8 Reuter TIN PRICES on the London Metal Exchange (LME) are likely to continue to fall during the summer lull but may recover later in the year, metal analysts said. Three months metal traded down to U559,450 a tonne on
      Reuter  -  540 words
    • Article
      Lock icon KL Tin
      186 8 Reuter THE KUALA LUMPUR Tin Markat pctca roaa a san to MS2S.OI a kg yaaterday, boosted by ranawad buying support In brisk trading. Tha prlca had aaaad for flva conaacutlva days from M 526.35, and shortcovarlng was notad from Europaan and local tradars yaatarday. This took total turnovar
      Reuter  -  186 words
    • Article
      Precious Metals
      378 8 HONGKONG: Gold closed little changed in quiet and thin trading yesterday, with light short-covering by Australian investors in late trade, dealers said. They said the metal ranged narrowly almost all day. Traders generally expected gold to touch US$365 an ounce and trade between US$365 and US$37O later in
      378 words
    • Article
      Rubber
      279 8 SINGAPORE: Rubber prices closed easier yesterday, with August 1 RSS buyer quoted at 174.50 cents a kg, down 1.50 cents from Wednesday's close. Dealers said prices drifted lower in the afternoon on some liquidation in thin and featureless trading. Reluctance to trade by overseas operators ahead of the summer
      279 words
    • Article
      RAS and MRELB
      292 8 RAS prices In S omMq, roe In bnlnt I NOON CLOSE Buy*™ Saltan Bvy*rs S*H*fi bit 1 RSS Prompt 177.00 178.00N 176.00 177.00N bit 1 RSS Aug 175 JO 176.50 174 JO 175 JON bit 1 RSS Sap 177.25 178.25 176.00 177.00N Int 2 RSS Of 175.00
      292 words
    • Article
      SSR and SMR
      79 8 (canti/kg) AUGUST 1989 SEPTEMB81 1969 (currant month) (forwar d month) RAS NOON NOON kytn Stlba Itfytd Stbn SSt 30 149 JO 151 SON 150.00 153.00N SSI 50 147 JO 149 JON 148.00 150.00N MRELB luy«n ky*a SMM SMt cv 330.30 333J0N 233.50 334JON SMt I 333X0 334.00N
      79 words
    • Article
      Produce Prices
      198 8 Chinese Produce Oosing prices on July 20 Exchange Coconut oil (M$/ 100kg) Sellers' noon dosing prices on New drums 153.00 My 20 (SS/100 kg) 2nd Hand drums 147.00 Coconut oil Bufc 138.00 Buik FOB 103.00 Local in bulk 135.00 Otd drum FOB Now drum FOB 113.00 117.00 Copra
      198 words
    • Article
      Palm Oil
      516 8 MALAYSIAN CRUDE PALM ON. prices recovered yesterday after recent falls to close higher on light covering and speculative buying, reflecting gains in palm oil futures and Chicago soyoil futures overnight, dealers said. But trading was thin as operators refrained from taking positions while awaiting results of yesterday's palm
      516 words
    • Article
      Lock icon Crude Oil and Products
      157 8 Telerate FUEL oil market remained fundamentally balanced. Pricea held steady despite a slight flurry in the market following weaker WTI. Buyers of CST-180 were at $90 mt fob S'pore with firm sellers at $92 mt for second-half Aug cargoes. Sellers and buyers of CST-380 were only
      Telerate  -  157 words
    • Article
      Lock icon Wheat
      182 8 Reuter CBT WHEAT futures ended 2.0 to 4.0 cents a bushel firmer on Wednesdsy on continued talk of possible export business, traders said. July ended up 2-1/2 cents at US$3.9O a bushel and September up most at U553.94-1/4. Prior to the expiration of the July at 1700 GMT yesterday,
      Reuter  -  182 words
    • Article
      London markets
      190 8 Pabnoil M'rian/Sumolro crude OF UK/Rotterdam M 322.5 Aug Nov 1 315 l20/322Jpd M'tian RBO FOB Aug 298/297.5 Sep/Otf Aug 297pd 300 Sep/Oct 297_5tir M'tian RM> OWn FO« Aug 307 S*P 307J/305 Nov 307 Oct/Dec 307.5 Nov/Dec 307 Jon/Mar 310pd Aug 310 Sep/Otf 307.5 Oct/Dec 307.5* M'tian R&D tteorim
      190 words
    • Article
      Lock icon Soybean
      211 8 Reuter NEARBY July CBT soybean* closed with pared gsins ot 32 cents on Wedneaday after skyrocketing 56 cents earlier. The contract expired at noon yeeterday and haa no daily trading limits. "A commission house had a stop that when hit, exploded the July 10 or 15 cents (higher)," s
      Reuter  -  211 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      90 8 lifting the lid on a fresh Cantonese experience. ifc Enter the Loong Yuen. One of Hong yjf. Kong's acclaimed Cantonese chefs, Fok Kam Tong, brings his expertise to Holiday Inn Park LOONG p View's newest restaurant. All the delicate pleasures of Cantonese cuisine and distincdy modern, spacious dining areas combine
      90 words
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  • FOCUS
    • Article, Illustration
      Laos radio attack makes Thailand sit up and think
      1273 9  -  A Laos radio commentary attack this month on Thailand's Indochinese policy has been played down by Vientiane, but the incident raises basic questions about the policy, the brainchild of Thai Premier Chatichai Choonhavan. Foreign Editor ASAD LATIF reports. ASAD LATIF LAOS
      1,273 words
    • Article
      Thailand gets a toehold in Laos
      608 9 "THE FACT that Thai investors and traders will already have secured a toehold in the Indochinese countries by the time peace returns to Cambodia ..will put them ahead of counterparts from other countries. This will make it possible for Thai entrepreneurs to exploit business
      608 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      429 9 Union Bank of Switzerland Loans Current unsecured loans Current secured loans Secured by mortgages Unsecured fixed-term loans and advances Secured fixed-term loans and advances Secured by mortgages Current loans and advances to pubic authorities Mortgages Loans, total 7,918.397 7.375.497 3,304,116 13,348,183 11,903.504 6,273,116 3.738.370 30,860,514 75,144,465 7,781,523 7,206.901 3,491,945 18,175.392
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  • PERSPECTIVE
    • Article
      Home sweet home in the precincts
      551 10 BUSINESS TIMES FRIDAY, JULY 21, 1989 THE PUBLIC housing programme launched just over 25 years ago was geared to provide a roof over the heads of a fast-growing population. Today, 85 per cent of the people live in Housing Board flats. In short, the
      551 words
    • Article, Illustration
      Getting Singapore into US supermarkets
      2405 10  -  How Yeo's wrapped up the Chun King deal In a historic and strategic move, Yeo Hiap Seng acquired Chun King, a well-known maker of ersatz Chinese food in the US. Chun King's profits will enhance YSH's bottom line. But, more important, writes CHUANG PECK MING,
      2,405 words
    • Article, Illustration
      Lock icon Japanese electronics giants eye the South Korean market
      666 11 SOUTH KOREA Reuter JAPANESE electronics makers are moving into South Korea, a large, once-closed market and the home turf of their fiercest competitors. South Korea's buoyant economy has bred yuppies with a taste for Walkmen, car stereos and karaoke (sing along) systems,
      Reuter  -  666 words
    • Article, Illustration
      Lock icon Others eye changes in Pyongyang
      913 11 NORTH KOREA NYT SUCH are the mysteries of North Korea that diplomats and foreign experts cannot even resolve a basic question about life in Pyongyang: why are there virtually no handicapped people on the capitals broad streets? Perhaps there are weightier questions, like whether North
      NYT  -  913 words
    • Article, Illustration
      Philippines: Recipe for growth
      1244 11  -  Which way is the Philippine economy headed? DAVID CHEW of the Foreign Desk reports on a paper presented by a leading Filipino economist which analyses the opportunities and the problems that the Philippines faces. DAVID CHEW BOUQUETS and brickbats. These are what a prominent economist of
      1,244 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      482 10 I I Standard Chartered PLC (Incorporated in United Kingdom) Head Office: 38 Bishopsgate, London EC2N 4DE Audited accounts for the year ended 31 December 1988 Consolidated Balance Sheet 31 December 1988 Cash and short term funds Bills discounted Investments Advances to customers and other accounts Investments in associated companies Trade
      482 words
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      Page 11 Advertisements Column 1
      93 11 v\ X It could be a controversial deal between two stock market stars, a thought-provoking report by university researchers on the latest trans-European merger. FOCUS zooms in on the news and issues of the day and looks at them in more depth and breadth. FOCUS is the news feature section
      93 words
  • Page 11 Miscellaneous
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  • LIFESTYLE
    • Article, Illustration
      To love the many faces of happiness
      779 12  -  PERSONALITIES By ASAD LATIF LITTLE Jem Boehnert knows all about pride. He also knows how to stand tall over it. Jem cannot help being a little famous. The person behind Jem's Puppet Theatre has organised fund-raising shows for organisations such as the Children's
      779 words
    • Article, Illustration
      Lock icon Japanese miso-makers turning to bio-tech
      627 13 TRENDS AFP THE CENTURIES-OLD CRAFT of misomaking has embraced bio-technology to cope with an over-supply of the fermented soybean paste, while producers cite new medical discoveries to boost demand among health-conscious Japanese. Japanese eating habits are becoming more expensive and Westernised, cutting into demand for
      AFP  -  627 words
    • SHORT TAKES
      • Article
        Moving, roaring dinosaurs on show
        131 13 SETH GOLDMAN, an eight-year-old from Yonkers, said he approved of Dinosaurs Alive! with its moving, roaring dinosaurs at the World Financial Center in Lower Manhattan. He is something of an expert. A veteran visitor to museum fossil exhibitions, he owns numerous dinosaur figures and books
        131 words
      • Article
        Playing Monroe
        129 13 What's an American woman from a small town in Ohio doing singing half naked in French on the stage of a 19th century theatre in central Italy? She is getting multiple curtain-calls for her powerful performance as Mari- lyn Monroe in a new opera based on the American
        129 words
      • Article
        Lock icon Stolen paintings found
        96 13 Agencies Spanish police have recovered seven stolen paintings by Picasso. Salvador Dali and another Spanish painter and arrested two men in connection with the theft. "The value of the works is inestimable," a police spokesman said in Madrid on Wednesday. The paintings three by Picasso and three
        Agencies  -  96 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      329 12 COURyOISIER VS.O.P-WHIEIEE TO ENTEKUIN ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPETISER BUFFE T ANOTHER IS THE CHOICE OF MAIN COURSES, PALM For between $26+ and $40+ y° u can select from our appetiser CjKILL buffet including seafood, smoked salmon and oysters. Choose from many lavish
      329 words
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      Page 12 Advertisements Column 2
      211 12 BBQ Dinner at the Poolside Amidst the bustle and hustle of Orchard Road, enjoy a BBQ Dinner in the peaceful surroundings of our Rooftop swimming pool A gourmet range of chops and seafood to your favourite local items like satay and otak. To end the meal with all kinds of
      211 words
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      Page 12 Advertisements Column 3
      201 12 DEUCIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for all lovers of Italian food. SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our eyer popular salad bar. $10.50' EARLY BIRD SPECIAL A complimentary bowl of salad
      201 words
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      Page 12 Advertisements Column 4
      62 12 Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90 nett. Children: $8 nett Plaza Hotel l-tre Ground Floor 24 hours daily m A delightful selection of western and local favourites Executive Set Lunch $11.50" (Daily except Friday) Candle-Lit Set Dinner $13.50" Every Friday Buffet Lunch cum Fashion Show <1^
      62 words
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      Page 12 Advertisements Column 5
      203 12 ft IP •i ETOI 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 S9O nett are available at the Mandarin a Reservations Counter, f (>K WI > I i\ \I s I M WI)
      203 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      253 13 <• <• <• Nowlfou Can Find Italian Masterpieces In The Paek. No, we're not talking about tbe work.' of Italy '.'finest artistj. We re talking about tbe uvrkj of Italy s finest chefs. From July Nto 23, tbe Cafe-in-Tbe-Park u< running an Italian buffet Dinner Promotion. Where you can enjoy
      253 words
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      Page 13 Advertisements Column 2
      24 13 QUALITY Prestige De La France Courvoisier is the only cognac house ever, to receive France's Highest Award for Quality. ■i vso 4 COCNAC COURVOISIER
      24 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      670 13 CRYPTIC PUZZLE ACROSS 4 We get amid high rocks and lofty structures (6) 7 Beastly boxer apt to hop it? (8) 8 Jack again is a fierce fellow (6) 10 Dashes over the stage (5) 13 Quick way to lose weight (4) 14 As much as Phil, say. can eat
      670 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1298 13 TV and RADIO The missing link M I tr Ml Hugh Fraeer and Ronald Fraaar play tie famoua dalsctUea. Sharlock Holmea and Dr Wataon, In tonight's QED OUR CHOICE to the Deep looks at the huge stoife ON THE BLUEBELL LINE, 825pm, SBC 12 lost and hitherto unknown civilisation. Q.E.D.
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  • SPORTS
    • Article
      BP Circuit: crucial fight for points
      428 14  -  GOLF By A SURENDREN THE FINEST OF local golfers will be jockeying for the top spot in the Order of Merit today, when the BP Golf Circuit tees off at Jurong Country Club. The points count very much, as the leaders are sutomatically considered
      428 words
    • Article, Illustration
      Lock icon Testing the rough Troon
      354 14 BRITISH OPEN NYT GREG NORMAN blasted a tee shot 400 yards at Royal Troons par-5 sixth hole on Tuesday in a practice round for the 118 th British Open in Scotland, which began yesterday. The gigantic blast wasn't all carry even Norman isn't that strong. The
      NYT  -  354 words
    • Article
      Lock icon Fignon takes over lead from LeMond in Tour
      421 14 CYCLING AP LAURENT FIGNON moved away from Greg LeMond on the final mountain to take over the lead of the Tour de France on Wednesday. Fignon and LeMond rode together most of the day, including the beginning of the last stretch, a
      AP  -  421 words
    • Article
      Lock icon Tyson all set for 'The Truth'
      395 14 BOXING AFP WHEN Mike Tyson steps into the ring in Atlantic City today against Carl "The Truth" Williams, everyone expects the unbeaten world heavyweight champion to score a quick and "routine" victory. Tyson is a 12.5-to-1 odds-on favourite to successfully defend his undisputed title
      AFP  -  395 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      208 14 Al9lOO-F»-»M-V2-7600 Medical engineering opens a whole new future Modern medical systems for longer life in greater comfort m Not only the medical profession but also the patients in their care benefit from technological advances in medical engineering. Reliable and speedy diagnosis leads to well-planned surgical intervention and progress in therapy.
      208 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      QAF aims for a comeback
      749 15 wms mm™ QAF LTD has lately generated so much trading volume that it has attracted the attention of the Stock Exchange of Singapore, which wanted to know whether there was any reason for the sudden interest in the counter. The food company's latest venture in
      749 words
    • Article
      Lock icon MAS signs M$2b deal with Airbus to buy eight aircraft
      450 15 Bernama MALAYSIA AIRLINES has signed a purchase agreement with Airbus Industrie for eight A 330-300 aircraft, including engines, equipment and spares worth about M 52.4 billion, part of which would be paid through countertrade. This is the first time in
      Bernama  -  450 words
    • Article
      Sembawang Shipyard to raise $50m through loan stock
      355 15 SEMBAWANG SHIPYARD Ltd is tapping the market for $50 million through a placement of loan stock with warrants to finance its recently announced expansion plans costing some $80 million. The company said yesterday the funds to be raised will be used to
      355 words
    • Article
      Keppel Finance turns in $1.42m profit
      357 15 KEPPEL FINANCE Ltd (KFL), the product of a- merger between Sim Lim Finance and Shing Loong Finance, haa turned in a maiden after-tax profit of $1.42 million on a turnover of $8.13 million for the six months ended June 30. 1989. KFL changed its
      357 words
    • Article
      MAA sells 12.8m MBf Finance shares
      358 15  -  By MAGDALENE NG MALAYSIAN ASSURANCE Alliance (MAA) has entered into an agreement to sell 12.8 million shares representing 8.7 per cent of MBf Finance Bhd's capital to stockbroker T A Securities at 91 sen each or a total of M 511.65 million. MAA said
      358 words
    • Article, Illustration
      MBf Holdings trims loss, aims for turnaround
      668 15  -  By ELAINE KOH MBf HOLDINGS Bhd. weighed down by massive borrowings, has managed to trim its group after-tax loss slightly for the 15 months ended Dec 31 last year to M 529.69 million, from $33.46 million previously. However, the figures are not strictly
      668 words
    • Article
      Lock icon Coopers said to be eyeing tie-up with Peat
      446 15 NYT INTERNATIONAL accounting firm Coopers Lybrand is widely rumoured to have called off its merger talks with the much-smaller Spicer Oppenheim and is said to be stalking a possible merger with the muchlarger KPMG Peat Marwick. Representatives of Coopers and Peat denied
      NYT  -  446 words
    • SES
      • Article, Illustration
        Prices broadly lower despite strong overseas markets
        1112 16  -  by HERMAN PHUA IN SPITE OF the strong performance in overseas bourses, the local stock market yesterday closed broadly lower in active trading. Late profit-taking and a lack of follow-through buying saw the Straits Times Industrials Index slip 3.63 points to close at
        1,112 words
      • Article
        Unit trusts
        308 16 Managers' prices for July 21 Singapore Unit Trust Th# Cowwrc* 1.17 1.24 Tit* Savings Fund 105 I II S'pora frog Fund 0.47 0.51 S'por* S*c Fund 0.78 083 S'por* Invasl Fund 0 84 089* S'por* Equity Fund 056 040 OCBC-SIMBL Investment Savors Copitol Fund 107 Ml Sav*rs Trust
        308 words
      • Article
        COMPANY MEETINGS
        67 16 KILLINGHALL (M) BHO: 11th AGM at N0.49 Jalan Hang Lekiu, Kuala Lumpur, tomorrow, at 11am. GEORGE KENT (MALAYSIA) BERHAD: 38th AGM at Pointsettia 2. 2nd Floor. Petaling Jaya Hilton. Jalan Barat. Petaling Jaya. Selangor Darul Ehsan, on July 25, Tuesday, at 11am. SPK-SENTOSA CORPORAHON BERHAD: 26th AGM at
        67 words
      • Article
        SES SHARE INFORMATION
        6244 16 196S High I 1 Low Tel Code Company Laet tale JIM 9A orVot Day L C000) High Low ft aet Oik uyer ta rte ller Gr's Gr's D*v D* rid Net M Cap Cw P/E In* DEBENTURES, BONDS, LOANS 284 124 t 1543 CK Tang Wt 1090
        6,244 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices finish off-best
        3577 17 MBT SELLING PRESSURE in the last half hour ot trading resulted in share prices closing off-best on the Kuala Lumpur stock market yesterday. Trading was unusually active with turnover swelling to 62.01 million shares, a new record so far this year. The previous year-high was 58.34
        MBT  -  3,577 words
    • REGIONAL MARKETS
      • Article
        Lock icon Two projects seen as test of HK confidence
        549 18 Reuter TWO PROJECTS whose huge investment will not be repaid until well after China regains sovereignty over Hongkong in 1997 are to be decided within the next few days. The outcome is likely to be an acid test of international business confidence
        Reuter  -  549 words
      • Article
        Lock icon ASM Pacific to continue building factory in China
        209 18 Reuter DIRECTORS of Hongkong-listed ASM Pacific Technology Ltd have voted to continue construction of a new semiconductor factory in China, an investment totalling HK$l5 million, the company said. In a statement, ASM Pacific said the new plant in China's Special Economic Region
        Reuter  -  209 words
      • Article
        Lock icon Japanese corporate raider confident of winning supermarket battle
        453 18 AFP JAPANESE corporate raider Shigeru Kobayashi said on Wednesday that he was confident of winning an injunction against two supermarket operators trying to block his bid to set up a powerful distribution network. "I'm sure we'll win because we have good lawyers,"
        AFP  -  453 words
      • Article
        Lock icon Kirin profits below forecast, Asahi Breweries on target
        498 18 Reuter JAPAN'S BIGGEST brewer Kirin Brewery Ltd is expected to report shortly sales and profits below its forecasts for the six months ended June 30. In contrast, Asahi Breweries Ltd, the victor in Japan's fiercely fought "dry beer" war last summer, looks
        Reuter  -  498 words
      • Article
        Lock icon Jakarta looking at equity sale of some state firms
        209 18 AFP THE INDONESIAN government is considering selling some of the equity of a number of state enterprises in a bid to improve their financial standing. The Finance Ministry has begun discussions with the country's 213 state firms to look for ways
        AFP  -  209 words
      • Article
        Lock icon Manila planning to privatise its hotels
        91 18 AFP THE PHILIPPINE Tourism Department plans to publicly list several government-owned hotels and resorts as part of its privatisation efforts. According to Tourism Secretary Peter Garrucho yesterday, the department will "accelerate efforts at privatisation" of state-owned tourist facilities and was planning to form a
        AFP  -  91 words
      • Article, Illustration
        Lock icon Prices broadly firmer
        553 18 Tokyo Reuter SHARE PRICES closed firmer in light trade yesterday despite persistent program selling by foreign brokers. But small-lot buying triumphed as investors who had been waiting to buy on expected dips after Japan's upper house election on Sunday decided to move in early. "The rainy season
        Reuter  -  553 words
      • Article, Illustration
        Lock icon Market sharply higher
        515 18 Australia Reuter THE Australian share market yesterday closed sharply higher on the back of Wall Street's 40-point gain overnight, a weaker Australian dollar and encouraging economic indicators. The All Ordinaries index closed 24.5 points higher at 1595.7. its highest level in more than nine months. Dealers said
        Reuter  -  515 words
      • Article, Illustration
        Lock icon Market ends slightly weaker
        1244 18 Hongkong AFP SHARE PRICES closed slightly lower yesterday on the Hongkong stock exchange as profittaking reversed an initial rally of more than 45 points. The barometer Hang Seng Index ended 4.02 points lower to close at 2,543.08. while the broader-based Hongkong Index dwindled 2.99 points to
        AFP  -  1,244 words
      • Article
        Lock icon Taipei: Market higher
        400 18 Reuter THE Taiwan stock index closed higher but off the day's high as a strong financial sector offset weakening industrial shares yesterday. The weighted index rose 155.05 points, or 1.8 per cent, to end at 8,954.82 against Wednesday's 8,799.77 finish. The index had earlier jumped briefly over
        Reuter  -  400 words
      • Article
        Lock icon New Zealand: Prices firmer
        164 18 Reuter THE share market took heart from strong performances in offshore markets yesterday and rose 9.76 to 1,930.48. Brokers expect a further small rise today. A NZ$lO5 million first half year profit for Fletcher Challenge Canada, down from NZ5116.5 million a year earlier, was the major
        Reuter  -  164 words
      • Article
        Lock icon Bombay: Broadly lower
        71 18 Reuter SHARES opened cautiously and closed broadly lower yesterday, hit by a wave of upcountry selling. Most market operators kept to the sidelines watching for signs of institutional demand. Volume was light. "The market needs a morale booster to reinforce confidence, but the institutions are holding back,"
        Reuter  -  71 words
      • Article
        Lock icon Manila: Sharply higher
        95 18 Reuter PHILIPPINE share prices rose sharply across the board on Manila's twin bourses yesterday, with investors encouraged by corporate performances. Foreign traders participated in heavy buying of blue-chip industrial and commericial shares. The Manila Stock Exchange composite index roee 9.32 to close at 1,040.61. "The market in
        Reuter  -  95 words
      • Article
        Lock icon Bangkok: Unexpected advance
        214 18 Reuter THAI STOCKS rallied on the back of rises ta New York and Tokyo in an unexpected advance led by inaurance and finance sectors yesterday. The SET Index gained 6.16 to cloee at 620.42 in very active trade. Advances led declines 84 to 27. Most active were
        Reuter  -  214 words
      • Article
        Lock icon Seoul: Prices rebound
        93 18 Reuter SEOUL STOCKS recouped the previous session's falls and rebounded over the 900 mark in mixed trading yesterday. The composite index closed at 900.58, Arming 1.88 points from Wednesday. Turnover was a moderate 235.2 billion won against 223.3 billion in the previous session. "The market ia direc-
        Reuter  -  93 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Stocks at post-crash high
        816 19 New York Reuter WALL STREET stocks soared to a new post-crash high on Wednesday after a lower-than-expected gain in June consumer prices boosted investor confidence that the Federal Reserve may let interest rates fall. Consumer prices rose 0.2 per cent in June, below the 0.3 per
        Reuter  -  816 words
      • Article, Illustration
        Lock icon Equities a little easier
        929 19 London Reuter SHARE PRICES opened a little easier yesterday, seeking fresh direction from their new post-crash hiflh and still anticipating a new bid round the corner. The FTSE 100 index opened 2.2 points off at 2290.4, still hovering just under its next psychological barrier of 2,300.
        Reuter  -  929 words
      • Article
        Selected indices
        108 19 HONGKONG Hongkong Index TWsday 1.***** Wednesday 1.480.74 Week ago 1,649 10 All Industrials Thursday 2,563 9 Wednesday 2.532 4 Week ago 2.5106 NEW YO*K Hang Song Index Thursday 2 543 °5 Wednesday 2.547.10 W««k ago 2.498 21 Dow Jonos Wednesday 2.584 41 Tuesday 2.***** Week ogo 2.532 63
        108 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        962 19 Reuter ZURICH: Swiss shares closed slightly firmer acroaa the board but below the day's highs in fairly lively trading yeeterday. After a stormy start when chemicals led the market higher, profit-taking set in. The all-ehare Swiss Performance Index put on 2.5 to 1,134.2 points while the Swiss
        Reuter  -  962 words
      • Article
        Lock icon Key issues yet to be dealt with in bid for BAT
        573 19 Reuter RECRUITMENT of some influential financial figures as investors in the James Goldsmith-led consortium bidding for BAT Industries pic still leaves key issues unaddressed, London share analysts said. Groups including Britain's General Electric Co pic, Italy's Agnelli family holding
        Reuter  -  573 words
      • Article
        Lock icon Papers detail financing of Goldsmith's BAT bid
        386 19 Beuter BANQUE PARIBAS Luxembourg financed 50 per cent of the 10.1 million-ehare stake in BAT Industriee Inc currently held by Sir James Goldsmith's Hoylake Investments Ltd. Information about the financing by the Compagnie Financiere de Paribas unit waa included in papers obtained by
        Beuter  -  386 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      319 15 CURRENCY INVESTMENT \MI Kl< I XI'KI sn TEL: 321 3333 3 i J 11«• 11 :ll il II in an established city resort/motel near Kuala Lumpur with good growth potential. 45 Tastefully Furnished Rooms High Occupancy Rate Swimming Pool Bowling Alley Snooker Parlour Restaurant/Conference Rooms Approved plan for expansion. Asking
      319 words
  • Page 15 Miscellaneous
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      54 19 Stockholm and Zurich prICM w f not available provides you with comprehensive, practical, step by step guidance on the entire process of job hunting. Features research on the prospective job and employer, r6sum6, letter of application, job interviews, common questions asked and checklist for that big decision. Available at all
      54 words
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      Page 19 Advertisements Column 2
      362 19 NOTICE NOTICE IS HEREBY GIVEN that, I MDM GOH YEE CHENG of No 5C Dunearn Close Singapore 1126, have applied for a First Class Public House licence in respect of premises at M/s M G Music Lounge at 309 Tanjong Katong Road Singapore (1543), and that this application will be
      362 words
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      Page 19 Advertisements Column 3
      456 19 NOTICES NOTICE h Kir IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER OP ALLIANCE TECHNICAL SERVICES CO. PTE. LTD. VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final General Meeting of the members of the Company will be held at 57 Jalan Dua, Taman Len
      456 words
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      Page 19 Advertisements Column 4
      532 19 IN THE MATTER OF THE COMPANIES ACT. CAP. 90 AND IN THE MATTER OF RETRALA SINGAPORE PTC LTD (In voluntary liquidation) At an Eal»amdtoary OwiwM MaaWi| of *m abovertamed company duly convened and hatd on 19 July 1980 tha following apacial reeotuttons wert paaaad RESOLVED That HaMa Slwgapnw Pit LM
      532 words
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      Page 19 Advertisements Column 5
      365 19 THE COMPANIES ACT. CHAPTER 60 Section 290(2)(b) NOTICE Of RESOLUTION ROWNTREE MACKINTOSH SINGAPORE) PTE LTD (In Members' Voluntary Liquidation) At an Extraordinary General Meeting of ROWNTREE MACKINTOSH (SINGAPORE) PTE LTD held on the 17th day of July 1909, the following special resolution* were duly passed: RESOLVED: 1) That the company
      365 words
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  • Article
    Lock icon China attacks US over tougher sanction threat
    430 20 PROTEST CONVEYED TO US AMBASSADOR IN BEIJING AFP THE CHINESE government has issued a strongly-worded protest to the United States over toughened sanctions voted separately by the US House of Representatives and the Senate in protest against the martial law crackdown in Beijing.
    AFP  -  430 words
  • Article
    Lock icon Student leader arrested in Beijing
    190 20 AFP STUDENT LEADER Wang Dan, one of the top leaders of Beijing's pro-democracy movement, has been arrested and held for "several days" by Chinese security services, a Communist Party source confirmed in Beijing yesterday. Mr Wang, 24, who heads a most-wanted list of 21 students
    AFP  -  190 words
  • Article
    Laurel calls for a 'settlement' with Malaysia over Sabah issue
    580 20  -  VICE-PRESIDENT SEEKS ASEAN VIEW ON US BASES IN MANILA By HARISH MEHTA PHILIPPINE Vice-President Salvador Laurel has called for a treaty of peace, friendship and navigation with Malaysia, together with a settlement of the Sabah issue "because it is one
    580 words
  • Article, Illustration
    Lock icon Aung San's daughter under house arrest
    251 20 AFP MYANMESE troops yesterday put increasingly-defiant Opposition leader Aung San Suu Kyi under house arrest in Yangoon, diplomats said in Bangkok citing cables from the Burmese capital. There were rumours in Bangkok that she might be deported. Troops sealed off her house compound and
    AFP  -  251 words
  • Article
    Lock icon France wants to sell submarine to Malaysia
    118 20 AP FRANCE wants to sell a secondhand submarine to Malaysia and manufacture new ones in a joint venture, French Secretary of State for Defence Gerard Renon said in Kuala Lumpur yesterday. Mr Renon told a press conference that he had made the proposals
    AP  -  118 words
  • Article
    Lock icon Malaysia's GSP exports up by 30pc last year
    273 20 Bernama MALAYSIA'S exports under the Generalised System of Preferences increased 30 per cent in value to a record MJ5.43 billion last year from M 54.18 billion in 1967. The latest issue of Intisari Dagang, published by the Ministry of Trade and Industry,
    Bernama  -  273 words
  • Article
    Lock icon Thais welcome Viet support for ceasefire
    287 20 AP, AFP A THAI Foreign Ministry spokesman yesterday welcomed Vietnam's support for a proposed ceasefire in the nearly 11-year-old war between the government it installed in Cambodia and guerilla forces. Vietnamese Foreign Minister Nguyen Co Thach told Vietnamese television on Wednesday that he agreed
    AP,; AFP  -  287 words
  • Article
    'Indonesia's armed forces not a threat to neighbours'
    340 20  -  By MARTIN SOONG THE INDONESIAN Armed Forces' (ABRI) heavy involvement in the country's basic national and social development precludes it being a strategic threat to neighbouring countries. Indonesian Defence Minister General Benny Moerdani said yesterday. Explaining ABRI's "dual function" as a guardian
    340 words
  • Article
    Conflicting reports of Soviet miners' strike
    288 20 A STRIKE leader said yesterday that Siberian miners had agreed to go back to work today but the official Tass news agency said walkouts had spread to three new Soviet coalfields. Tass said that miners demanding better living and working conditions had stopped work
    288 words
  • Article
    Lock icon Benefits for all races: Sarawak chief
    143 20 Bernama THE QUESTION of the chief minister's race is not important as long as the state administration is fair and just and benefits all races in Sarawak, Chief Minister Tan Sri Abdul Taib Mahmud said yesterday. He said the people of Sarawak should not
    Bernama  -  143 words
  • Article
    Lock icon Comex gold and silver
    88 20 Reuter COMEX GOLD futures traded moderately higher early yesterday on short-covering and prof-it-taking from the sell side following Wednesday's late dive. August gold rallied to U*****.00 an ounce, a US$3.7O advance, and was trading at that peak an hour into trading. Comex silver futures jumped early
    Reuter  -  88 words
  • LATE FILE
    • Article
      Lock icon Taiwan-China trade grows
      42 20 AFP INDIRECT trade between Taiwan and China via Hongkong grew 61.02 per cent from a year ago to US$l.45 billion in the first five months to May, statistics released by the Taiwanese Board of Foreign Trade (BOFT) said. AFP
      AFP  -  42 words
    • Article
      Lock icon Police to probe 'suspicious loans'
      34 20 Bernama POLICE from Bukit Aman, Malaysia, have confirmed receiving a report from Bank Negara on Monday about alleged "suspicious loans" given out by the Co-operative Central Bank (CCB). Ber-
      Bernama  -  34 words
    • Article
      Lock icon MAS cadets complete course
      68 20 AFP EIGHTEEN Malaysia Airlines (MAS) cadets have graduated frorr> a leading aviation college chosen to train pilots for Australia's carrier Qantas. Australian Aviation College general manager Murray Turn bull said the 18 MAS cadets, along with four private Australian students, had graduated from the 50-week course.
      AFP  -  68 words
    • Article
      Lock icon MCA worried about bill
      36 20 Bernama THE MCA has expressed concern over a bill passed by the Selangor State Assembly regarding the age of consent for non-Muslim minors which the party fears may contravene the federal constitution.
      Bernama  -  36 words
    • Article
      Lock icon Political killings in Sri Lanka
      51 20 AFP POLITICAL violence across Sri Lanka left at least 542 people dead during 25 days ending July 15. Parliamentary Affairs Minister Vincent Perera said "subversives", a government euphemism for the Sinhalese Janatha Vimukti Peramuna (JVP, People's Liberation Front), were responsible for 412 murders from June
      AFP  -  51 words
    • Article
      Lock icon Air crashes: mechanical faults
      48 20 Reuter MORE plane crashes are being caused by mechanical failure, Flight International magazine said. Of the 26 fatal accidents in the first six months of 1969, nine involved mechanical failure and six involved bad weather. Pilot error was a significant factor in 14. Reuter
      Reuter  -  48 words
    • Article
      Lock icon 178 survive plane crash
      62 20 AFP A STRICKEN United Airlines DC-10 with 293 people aboard crashed in flames and burst apart as it tumbled down a runway in lowa, but many of those on board miraculously survived. At least 178 people, including the cockpit crew, were reported to have survived the
      AFP  -  62 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      188 20 LUNCH TOPIC: "Singapore Property Market and Investment" State of the Singapore property market where is it heading? Impact of foreign demand Investment criteria and opportunities Yields and gains Checklists for property investors and developers Speaker: Associate Professor Lim Lan Yuan, President of the Singapore Institute of Surveyors and Valuers. Date:
      188 words
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      Page 20 Advertisements Column 2
      185 20 Earlter story on PAGE S A UNIQUE BUSINESS OPPORTUNITY A unique opportunity exists lor interested parties to become established in a high growth business sector Mechanical and Scaffold Access Hire for a well below cost investment GKN LIGHT ACCESS A DIVISION Of UN AUSTRALIA UD. ARE OFFERING. AS PART Of
      185 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Uniglory upgrades SE Asian services
        86 21 UNIGLORY LINE, a subsidiary of Taiwanese shipping giant Evergreen, has made improvements to its South-east Asian services. The B service between Japan and Asean, using four M-class 822 TEU ships, now has a direct call at Jakarta on the southbound leg between Hongkong and Singapore.
        86 words
      • Article
        Lock icon A first for Japanese coastal shipping
        100 21 Lloyd's List MAERSK LINE has become the first foreign company to invest in Japanese coastal shipping by buying shares in Japan Sea Distribution, the Osaka-based coastal container line. A Lloyd's List report said the Danish company has acquired 45 per cent of the shares
        Lloyd's List  -  100 words
      • Article
        SCI tops Calcutta throughput list
        79 21  -  by Shirish Nadkarni THE PORT OF CALCUTTA recorded a cargo throughput of 13,587 tonnes between January and May this year. The Shipping Corporation of India transported 59.3 per cent of the cargo followed by Cobra with 17.3 per cent. Ceylon Shipping Corporation was next with
        79 words
      • Article
        Court to hear bid for Sea Containers
        70 21 THE CONTESTED BID by Temple Holdings for Sea Containers will be heard on July 24 in the US District Court for the District of Columbia. The US$B24 million offer by Temple Holdings, acting on behalf of Stena and Tiphook, is due to expire
        70 words
      • Article
        Gearbulk increases frequency
        60 21 GEARBULK CONTAINER SERVICES is doubling its sailing frequency on the trans-Pacific trade to a fortnightly schedule from early August. The route, going from Seattle and Vancouver, British Columbia, to Tomakomi in Hokkaido, Japan, will have a second vessel to accommodate the peak shipping season which lasts until
        60 words
    • Article
      Lock icon Orders rise for Japanese builders
      127 21 AFP JAPANESE SHIPBUILDERS received export orders totalling 763,998 gross tonnes last month, 36.6 per cent more than for the same month last year, the Japan Ship Exporters' Association reported yesterday. The June orders comprised five cargo ships totalling 88,598 gross tonnes, 10 bulk cargo ships
      AFP  -  127 words
    • Article
      Index to advertisers
      955 21 ARC Containorlino XI 5 Accord SHpg VHI 3/4 AfS XIII 3 AHronkiol liner XN 5 AC Toopfor XIH 5 American Niugim XII 4 Arrow linos XI 5 Assoc Corrioge xm 5 ANL IN 1/2 AfC lino vw 4 Afl y 3-5 ASCI V 1 Afios lino XII
      955 words
    • Article
      Damco planning worldwide computer link-up
      286 21  -  By RAHITA ELIAS NEDLLOYD's freight forwarding arm, Damco Maritime, is further integrating its worldwide network by computerising operations. It is also looking into setting up offices in Australia and New Zealand this year. Plans for the Australian office are now in the final stages. While
      286 words
    • Article, Illustration
      Kelang Container Terminal records 21 pc rise in boxed traffic
      356 21  -  kct seeing more calls and new services in first half By G DURAIRAJ ADDITIONAL CALLS and new services mounted by shipping lines fostered a substantial increase in the container traffic handled by Kelang Container Terminal (KCT) for the first half
      356 words
    • Article
      Lock icon Industry opposes US proposal for offshore oil terminals
      359 21 NYT A PLAN being weighed by the Bush administration to ban oil tankers from US ports would be a sharp economic blow to both the industry and consumers, experts say. The industry is afraid to publicly comment on the plan, fearing the
      NYT  -  359 words
    • Article
      Lock icon Dutch dockers plan support for UK strike
      309 21 Reuter DUTCH DOCKERS are likely to begin action to support the weakening British port strike next week, FNV port union spokesman Kees Marges said. "The weakening of the British port strike will strengthen our resolve to act. They need all the help they
      Reuter  -  309 words
    • Article
      Bunker market report
      543 22 Density Water Carbon Ash Aluminium Sedimen Residue KQ/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Clmac limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 983 0.2 13.4 0.05 10 0.04 180 Max 1003 3.0
      543 words
    • Article
      Lock icon Japan's builders nervous about US claims of unfair practices
      593 22 FT JAPANESE SHIPBUILDERS fear that US allegations of unfair government support for the industry, which has begun to emerge slowly from a severe downturn, could become the next big bilateral trade issue. The Japanese industry was cited, along with those of
      FT  -  593 words
    • Article
      Rotterdam signs sister port accord with Tokyo
      100 22 ROTTERDAM PORT has signed a sister port agreement with the Port ol Tokyo. This is the European port's third such agreement, the others having been signed with Kobe and Seattle. The two port cities have agreed to strengthen their relations and cooperation in
      100 words
    • Article, Illustration
      Lock icon Proposal for US landbridge
      791 22 CALL FOR COMBINED OCEAN AND RAIL SERVICE BETWEEN ASIA AND EUROPE The Journal of Commerce THE PORT of Seattle and the Port of Los Angeles are trying separately to convince the Port Authority of New York New Jersey to help set up a landbridge. or combined
      The Journal of Commerce  -  791 words
    • Article
      Container schedules/ships in port
      1651 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Tranatalner Schedules Blk Op Gdn Date/Time Time From Time To Booking Gate Arabion Sea 917W 2207 89 0400 21/1100 21/1200 Tlx/Fox 2 R3 00 F07 21/1900 21/1945 NA 2 Cornelia Ms 8912 21.07 89 1800
      1,651 words
    • Article
      Manila takes tough stand against ITF
      201 23  -  by Al O Labita Jr THE PHILIPPINES will fight off any attempts by the International Transportworkers' Federation to interdict Philippine-flagged ships. In a joint statement, the Philippine Overseas Employment Administration and the Maritime Industry Authority said "such intervention only serves to intimidate shipping interests
      201 words
    • Article
      London Freights
      972 23 THE DRY cargo freight market was quiet on Wednesday, with few new fixtures or enquiry, brokers said. However, a rate of U5520.50 was again reported fixed for grain from the US to Japan after business reported on Tuesday at the same level eventually failed, brokers said. The Baltic
      972 words
    • Article
      SHIPPING LIST where your ships are due...and when
      10853 30 A guide to ships loading at Singapore for 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
      10,853 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      35 21 "The Illustrated Encyclopedia of Wildlife" Fortnightly at all good bookshops and news-stands llClllfC y A re (<% BTP DtetHbutorß For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      35 words
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      Page 21 Advertisements Column 2
      20 21 Sm Page II Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association
      20 words
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      Page 21 Advertisements Column 3
      98 21 Innarn'.ivd good bookthof* K )e vC >c vC7)c vOc <T)C vOc ONE NAME FOR YOUR WORLDWIDE SHIPPING NEEDS SHIP WITH COHFIDEHCE VOTAINER Member of VAN OMMEREN CETECO Group Moving via Conference directly into USA Europe LCL Consolidation Specialists Own Offices Worldwide Conference Carrier USA Los Angeles, New York, Chicago, Houston
      98 words
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      Page 21 Advertisements Column 4
      151 21 INSIDE r v W I IB i'j Proposal for US landbridge THE PORT of Seattle and the Port of Los Angeles are trying separately to convince the Port Authority of New York New Jersey to help set up a landbridge, or combined ocean and rail service, that would carry shipments
      151 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      44 22 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
      44 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1380 23 OOCL Dedicated k> Ouolify Service* JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 OS Southpomt. Sngapp'f O.XS TH *****1! TELEX NO US :«179 TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JAROINE SHIPPINC ACENCIES SON BHD PORT KEIANG TEI *****18 Tel*. No MA***** MA***** PfNANG TEI *****4 TELEX NO
      1,380 words
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      Page 23 Advertisements Column 2
      1402 23 MAERSK LINE "Port 'Penang DESTINATIONS TTua »«l> Marit M 8008 Cloaing Tlma CY 24/7 2300 MRS CFS 24n 1300 MRS To Alitor rv4 us Guff US Atlantic I .ts! MARIT U LtCA M MARCM6N M LEISE M MARGRETHE M METTE M LARS M REGINA M 25n 26/7 1/8 2/8 8/8
      1,402 words
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  • Page 24 Advertisements
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      741 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT PROSPER OSAKA BAY TOLAGA BAY FRANKFURT EXPRESS HEIDELBERG EXPRESS KOWLOON BAY ALASKA MARU MONTE ROSA P KELANG SOUTHAMPTON 28n 15/8 HAMBURG BREMERHAVEN 17/8 19/8 15/8 17/8 24/8 28/8 22/8 24/8 31/8 2/9 29/8 31/8 6/9 8/9 5/9 7/9 ROTTERDAM/I ANTWERP I LE HAVRE ALSO
      741 words
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      Page 24 Advertisements Column 2
      397 24 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) MORAYBANK VIIS COLUMBUS NIUGINI VBS SPORE 23-25/7 Port Hornby, Lae, Rabaul, Kimbe 10/1 Port Hornby, Lm, Rabaul, Accepting LCL cargo for main ports discharge and also to Kavieng. Kieta, Honiara via Transhipment.
      397 words
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      Page 24 Advertisements Column 3
      562 24 REGULAR INDEPENDENT FULL CONTAINER SERVICE FIXED DAY WEEKLY TO EUROPE MEDITERRANEAN ADRIATIC RED SEA DEPARTING EVERY FRIDAY NEXT SAILING "NORASIA SHARJAH V.8918-3 mm T^l mi tymnm m m ma ii til utmm m mum mm MV TEL tfMM m MS 142 M Ml: tSMI r i UiiiliU M PI MUCKS
      562 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      931 25 w. P&O I®*- Containers CONTAINER SERVICE TO UK'CONTINENT: Also Accepting Cargo Fof: Hm*>| Aartua. < rnmm: la Mm tori—, i Biiiiiilmiwi :to li win Twillm—lnn :to ill UK tatiMtnw. Stockholm. tMunti. CONTAINERSHIP SERVICE FROM UK CONTINENT: H'bur| B"hav«n I* I dam lab S'ton HONGKONG EXPRESS* Sailad Sailad Sntod Sailad HEIDELBERG
      931 words
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      Page 25 Advertisements Column 2
      751 25 > T=l, nun VAMP I IMC WEEKLY EXPRESS INDEPENDENT YANu LINt FAR EAST/EUROPE fully CONTAINERISED SERVfCE HANJIN OAKLAND 003W CHOYANC SUCCESS OMW HANJIN TONGHAE OMW HANJIN ROTTERDAM OMW Also accepting (or Inland UK destination* Antwerp and Scandanavian ports. FMG Q HOIA MERCANU C.H ANCOL OMBt Ar A SA INAIIONAI 4.INL
      751 words
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      Page 25 Advertisements Column 3
      301 25 IMLintermaritime SOUTHERN AFRICA SERVICE •Also calls E.l. I P C. GENERAL AGENTS: HAI SUN HUP CO (PTE) LTO. SINGAPORE TEL Z2MM PORT KELANC TEL: 3HKH KOTA KINABALU tel: mat PENANC TEL: aum JAKARTA TEL (7(001 KUALA LUMPUR TEL (FOREST PRODUCTS SERVICE) T. HANI KK SP PK LOADING FOR: FUJI ANGa
      301 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      630 26 'XSL SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Singapore Loading for IRAN TEYFOURI PJL7O7 SID kyowa line mtrooucmq kyowa fast direct b/bulk/contamer SERVICE FROM S'PORE/PK TO QUAM/SAWAN AND MICRONESIA PORTS* ETA SPORE LOAO FOR:JPARKLT ETA 31 AUG ZSUggt£& ■MICRONESIA PORTS DIRECT CALLS ON INDUCEMENT BASIS
      630 words
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      Page 26 Advertisements Column 2
      1013 26 Gb HANJIN SHIPPING VV full container service TO EUROPE VIA SUEZ HANJIN OAKLAND 003* CHOYANC SUCCESS 004W HANJIN TONG HAt OOW HANJIN ROTTERDAM OOW S port LtMavr* R'tan 22/7 9lt 10/1 Zip lilt 17/1 m 2M 2*fi 12/1 »8 31/1 I TO FAR EAST PORTS HANJIN ROTTERDAM 003E CHOYANC CHANCE
      1,013 words
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      Page 26 Advertisements Column 3
      949 26 EVERGREEN ;il 1 Cnntßiner 5e r n Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) VESSEL EVER CROUP EVER GIVEN EVER GALLANT EVER GLEAMY EVER GLOWING Round-The-World West Bound (FE/EURO/USEC/CARIB/FE) SGP JEO HBG FIX RIP API LHV NYC NFK CHS KS* TYO <MK PUS KSG HKG SCP 23/07 13/06 IMB 17/06 IMB 20/06 20/06
      949 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      620 27 CONTAINER SERVICES [FAR east VESSEL MAI QUANG MAJAPAHfT OOWA JAKARTA SURABAYA/SEMARANG CONVENTIONAL/SEMI-CONTAINER SERVICES RED SEA/EAST AND WEST AFRICA I VESSEL VOV SINGAPORE LOADING FOR: UAN HUA SHAN M-06/8 XMGANG/DALIAN VU HCNG 4 2-4.8 SHANGHAI VESSEL VOY SINGAPORE LOADING FOR: KOTA SEJATI W-559 7-0/0 SHANGHAI I KOTA PUSAKA W-501 Mrt SHANGHAI
      620 words
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      Page 27 Advertisements Column 2
      165 27 THONG SOON E 5/89E 26/89E E 6/89E 27/89E 7/89E 28/89E VI E DEST KUCHING KUCHING KUCHING KUCHING KUCHING KUCHING FULL CONTAINER SERVICES SINGAPORE TO SARAWAK CE 6/89E CE 7/89E CE 8/89E M m i 11IM1I ILI II DEST 29 JUL SIBU/SARIKEI 7 AUG SIBU/SARIKEI 15 AUG SIBU SARIKEI SINGAPORE TO
      165 words
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      Page 27 Advertisements Column 3
      438 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT EXPRESS CONTAINER SERVICE FRO* UK/CONTINENT TASMAN ASIA SHIPPING Tl NEW CAUJMtt. HJI AM r i 1 'I T SIN MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TIM 22/7 TA MARINER 2S 58 19 ifl 1/9 11/9 11/8 TA VOYAGER 3S 20/8
      438 words
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      Page 27 Advertisements Column 4
      304 27 DJASAQETRI Joint Europe Service Of: P.T. (JAKARTA 110Y1 f.T. KIM IIOTD f.T. SMMKM MNKSU P.T. TMMRA LLITI VSL/VOY MATARAM/24W8 L.J.BONTANQIMB SPORE ANTWERP H'BU R DAM/ADAH NO W M/» 14 ft (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) i nn aft (ACCEPTINC CONVENTIONAL AND CONTAINERISED CARGO) Port ftatd, Port Alexandria, Oiho». Trtsts. ALSO
      304 words
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      Page 27 Advertisements Column 5
      330 27 BOUSTEAD SHIPPING AGENCIES MYOMAYWA HTONEYWA V249W HPA-AN VaC MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon Spore P.K 21/30 Jul 1/10 Aug 1/10 Auf P.Kelang Penang Bangkok THE BANK LINE 11-CONTAINER SERVICE NORTHBOUND TO UKC SPORE RDAM HMBG HULL TAUSALA SAMOA VISN 23/7 20/8 25/8 29/8 CLYDEBANK V26N
      330 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      768 28 Kline KAWASAKI KIShN KAISIIA. LTD. N. AMERICA-ATLANTIC COAST RAINBOW BRIDGE OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP VOY LB 18 17/6 •PK/PNG *INDO FEEDER VESSEL RAINBOW BRIDGE OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP N. AMERICA PACIFIC SOUTH-WEST MOTHER VESSEL VOY LB OAK CHICAGO NYC HENRY H. BRIDGE 26 20/8 23/1 24/1
      768 words
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      Page 28 Advertisements Column 2
      938 28 > Lustra* A EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container* INDIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers Accepting optional docharft it Nhava Shevaßomhey INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers and Conventional Cargo Also accepts Metats A Steel Products Smjjpee P Kebnf Pcnanf load** tor. JAIATAPI VCt 27 July 24 July 22 July
      938 words
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      Page 28 Advertisements Column 3
      529 28 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 108 RCBASON ROAD GMG BUILDiSG SINGAPORF T'Ofc TE RS 28 '2C PHill C 4* 225S*t mm iast/fk BUT Fq. i to. mm VESSEL lETA SINGAPORE IDESTINATION 22/7. M J£OOAM (LCLI WEEKLY AQABA. HOOEIDAH 7TT 21/7, 24/7. 2tP COLOMBO KARACHI. BOMBAY. MADRAS. CALCUTTA EAST/NOT TBN
      529 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1202 29 S yot? Gen«r«l tnqui'wi 2m»n NEPTUNE AGfNCfS PTE LTD Bookings Ft tU AUST 27t5753 *****19 *****11 Bookings TP A, Sf A *****42 *****16 *****41 itMrd; OuhKfd *****44 Terminal *****22 CIS *****53 (CR NO. I**********E) V.NOL NEPTUNE ORIENT LINES LTD NEPtINE SON BHD PK««*nt 36M57 K Lumpy' *****33 Penan* *****5 *****0
      1,202 words
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      Page 29 Advertisements Column 2
      849 29 SNSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: *****1/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** KMN6 P- DELANO MESSRS NAI THONC SHIPPING 127 Street FW* Mai« r w M/S HANDLING SYSTEM CO
      849 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      253 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 {34 Lines) FAX *****39/*****76 TUEX RS ***** A/B SSCMA. RS ***** A/B SSCAO DSR-LINES l VEB DEUTFRAGHT SEEREEDERE ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE ANT IgnFTiEJEJI O. GROTEWOHL 6/M FAHRLAND V*/» W. ULBRICHT
      253 words
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      Page 30 Advertisements Column 2
      28 30 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONBKONGfTAIWAN/JAPAN PORT KLANG HONG KONG KAOHSIUNG SAKAIMINATO TOMAKOMAI TOYAMA SHIBUSHI PORT KLANG AGENT INTEGRATED FORWARDING SHIPPING SDN BHD. TEL: *****04 FAX: *****49
      28 words
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      Page 30 Advertisements Column 3
      130 30 f lt(-L> REGIONAL CONTAINER LINES H 111 PIYA BHUM JARU BHUM SILVER EXPRESS SONGKHLA' -1 sailing a week Hock Agency Co Ltd Skia (Tel: *****4) SONGKHLA 3*7 VESSEL EASTERN PIONEER EASTERN PIONEER rr 33 V.M 15 33 JAKARTA! 2 SAILINGS A WEEK PT Sarana Penida Jkt (Tel: *****6) SURABAYA-i sailing
      130 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      172 30 Regional Weather "A VI m W/rrzY?< Vt > r 4 2t i I S > SWI iKO< SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 21,1989 •c A cf Wind direction with speed in knots Wove height LEGEND: R Thunderstorm Temperature o c X\ Shower Weather -V Wmd direction
      172 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      671 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQ! S T ATt {NTfMAISt *0* WAR|TIM( TAA*SPO*T EAST BOUND SERVICE ETA S PORE LOADING FOR 25/7 Iraq/Japan THROUGH B/Li to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AO ABA ft BAGHDAD REEFER SPACE AVAILABLE UPTO
      671 words
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      Page 31 Advertisements Column 2
      361 31 m MARINE AGENCIES [S| PTE ITO TEL *****33 (10 Lines) FAX *****1S TELE* RS ***** RISHIP (3 L.nesl |r— (Mutanti t m of ItMoptft) ACCEPTING FCL AND CONVENTIONAL PCN/PKQ ETA LOAOtNQ FOR ABBAY WOHZ SM DARESSAI.AAM MOMBASA DJIBOUTI VOY 20WB ASSAB. MASSAWA HOOEIOAH NETSAMET 30/0 OARESSALAAM. MOMBASA. DJIBOUTI VOY 1«*B
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      Page 31 Advertisements Column 3
      676 31 SIGMA EXPRESS (S) PTE LTD /y TEL: *****44 FAX: *****75 < crs > CRYSTAL FREIGHT SERVICES PTE LTD TEL *****88/*****22 P.KELANG: 03-*****35 PENANG: 04-*****9 BANGKOK: *****21 HONG KONG: *****199 fXSS&S (CmiAN NATIONAL LINE) GREAT ANDES SERVICE FEEDER VSL SP KEE MOTHER VESSEL KEE VAL N. IVORY UN W BfP MAYATO
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      Page 31 Advertisements Column 4
      206 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE I lcl/fcl acceptable FOR COMPETITIVE LCL RATE CONTACT ANWAR CONTACT PERSONS TELEPHONE NO. TELEX/FAX NOS MR ROBERT OH/ ANWAR STELLA *****71. (6 RUM) R8 20*40 BALTRA/*****73 CRNOIO4II74OOOOM Hamburg West Germany Tiger Line INDEPENDANT COMMON CARRIER SERVICE SINGAPORE MADRAS SHUTTLE SINGAPORE CALCUTTA
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      Page 31 Advertisements Column 5
      143 31 REGULAR EXPRESS FCL LCL SERVICE DESTINATION fir' ft PORT KELANG (FCL ONLY) HONG KONG KEELUNC, KAOHSIUNG MANILA JAKARTA (FCL ONLY) TOKYO, KOBE. BUSAN (FCL ONLY) KARACHI, BOMBAY. COLOMBO (Fa ONLY) ETA SINGAPORE JARU BHUM 45N 2 PIYA BHUM lISN 2 SILVER EXPRESS 4N 2 KITI BHUM 2SN 2 *P, l/»
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      134 32 TCL TRANS CONTAINER LINES PTE LTD <01 Cac* Slraal »16-11 Tang Eng BwUing Singapore 0106 Tat 7273X2 Fit 722*638 Tata> RS ***** TO.SM WEEKLY EUROPE CONSOLIDATION 27TH JULY 3RD AUGUST ANTWERP HAMBURG ROTTERDAM FELIXSTOWE LE HARVE LAS PALMASA COPENHAGEN OSLO ALSO ACCEPTING EASTERN BLOC DESTINATIONS yy Ju—>yjlj Ml NATIONAL SHIPPING
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      Page 32 Advertisements Column 2
      911 32 OcerhSeruice LCL/FCL SERVICE TO/FROM J m mm 100 tanrnnah/offk* in UJ.A. fkm mm XjOOO tractow ft track*. mm iOjOOO prints in UXA. rriMbto LCL/FCL aarvioa*. General Agents: PENANG KL: allied-LINK SINGAPORE: (22 LINES) Marina On§ Suaan Ns/Christina Chiaw Elaine Teo/Esther Yap C SAV EXPRESS SERVICE TO/from CHILE FEEDER ISPORE MOTHER
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      646 33 Everett Linesl COMPANIA PERUANA oc vapopes "PERUVIAN STATE LINE" LOADING FOR CALLAO. MATARANI. ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION Pen a n«* P. Kelang Singapore THOMASEVERETT 29/31 Jul 1/ 3 Aug MANOLOEVERETT 18/20 Aug ROSE EVERETT V
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      Page 33 Advertisements Column 2
      434 33 Z I M UIL CONTAINER SERVICE jcceptmg FCLLCI cirgoes to USA East A West Coast :*rriHwan East Canada HAITI Costa Rica. El Salvador Guatemala Honduras /enezuela Peru Ecuador Colombia via Miami Trimdad Barbados Antijua St .ucia Montsorrat Guayana »ia Kingston T7—l i i ia i i \m AUSTRALIA CONTAINER SERVICE
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      Page 33 Advertisements Column 3
      573 33 f 1 11 Yf »U iTMA mmmm tnannpont atom cm) ltd WEEKLY LCL/FCL SERVICE VESSEL JENHOL V.125N JENWEL V.125N VESSEL A VESSEL A VESSEL DEBTMATIOMS 28/7 29/7 30/7 2/8 ETA BMOAPORE PORT KELANG 28 JULY MANILA 28 JULY HONG KONG. ALL CHINA PORTS 28 JULY KEELUNG. KAOHSIUNG 30 JULY BUSAN
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      Page 33 Advertisements Column 4
      456 33 PERINTIS LINE weekly full container service WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA SINGAPORE ETA ETD JAKARTA ETA ETD PRASE TIA PRABHAKTI TANTO UTAMA TANTO UTAMA 08-09 22/07 24/07 26/07 27/07 280-281 25/07 26/07 29/07 29/07 SINGAPORE SURABAYA ETA ETD ETA ETD 26/07 26/07
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      Page 33 Advertisements Column 5
      453 33 PTC CONTAINER LINES 'Ct LCI SERVICE SIN Fit EAST 30/7 KEELUNG/KAOHSIUNG 28/7 BANGKOK 28/7 MANILA 29/7 JAKARTA 28/7 PORT KELANG/PENANG 24/7 BUSAN 25/7 TOKYO/YOKO/KOBE 24/7 HONG KONG also accepting cargo to Huangpu Shenzhen/Fuzhou Xiamen Xingane Shanghai Hi EMMPE/H 29/7 LDN/FLX/LVP/SOU 29/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      900 34 f I A merchant MARINE CO., EASTBOUND TO USA TO PSW HYUNDAI EXPLORER HYUNDAI COMMANDER HYUNDAI PIONEER LALANDIA HYUNDAI CHALLENGER HYUNDAI INNOVATOR SIN HKG LBH OAK 24E 22/07 27/07 14/01 17/01 10E 21/07 18/01 21/01 24/01 25E 04/01 10/01 28/08 31/00 2SE 11/08 17/01 05/09 08/09 27E IS/M 24/0S 12/09
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      Page 34 Advertisements Column 2
      704 34 hiK JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST MANILA BUSAN TOKYO KOBE NAGOYA YOKOHAMA HP tap Tipiztp sp inn Zip I ZiP zip inp Zip l Zip M SRI LANKA/ INDIA NEW ZEALAND/ AUSTRALIA I Mill EUROPEI UK Z2p tz*p
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      Page 34 Advertisements Column 3
      619 34 r MilsciOSK Lines Ltd FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) PROSPER OSAKA (AT 27 TOLACA *AY V FRANKFURT amss VI SXn PMmi Slw H-Wf nmm rj» LjJ 27,7 «i lii IV W m ajt Op Jjl 1* W jjj Jj 2.1 H m M M 271 3M S ad art
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