The Business Times, 25 July 1989

Microfilm: NL16672
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, JULY 25, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    239 1 Dow down WALL STREET stocks came under additional selling pressure in early morning trading yesterday as sqme programme selling emerged. The Dow fell 18 to 2590. Declines led gainers by about eight to three. Reuter Footsie down SHARES fell at the London Stock Exchange early yesterday, after
    239 words
  • Article, Illustration
    Strong gains in Tokyo market
    227 1 REGIONAL MARKETS closed mixed yesterday with Tokyo making the strongest gains in spite of the LDP's election loss on Sunday. The Singapore market continued to consolidate, closing broadly firmer although the Straits Times Industrials Index slipped 3.01 points to 1,358.90. The Business Times Composite Index
    227 words
  • Article
    Yen falls, then recovers
    118 1 THE HEAVY losses sustained by Japan's ruling party in the Upper House elections on Sunday sent the US dollar surging past the 143-yen level during early trading in Asia yesterday. Dealers said the US dollar peaked at about 143.50 yen before coming under intense prof-it-taking and
    118 words
  • Article
    Lock icon Johor transforming southern part into new economic growth corridor
    529 1 Bernama THE JOHOR government is transforming the southern part of the state from Pengerang in the east to Tanjong Piai and Kukup in the west into a new economic growth corridor to match the Klang Valley in the next decade. Mentri
    Bernama  -  529 words
  • Article
    Singapore banks rank high in capital adequacy
    536 1  -  NO PROBLEM MEETING INTERNATIONAL STANDARDS By QUAK HIANG WHAI SINGAPORE has been ranked seventh in the world in terms of the average capital adequacy ratio of its locally-incorporated banks. This is a clear indication that local banks should have no problem meeting the
    536 words
  • Article, Illustration
    Lock icon Sousuke lino to resign as Japanese PM
    579 1 Agencies PRIME MINISTER Sousuke Uno, in office for less than two months, said yesterday he will resign to take responsibility for his party's unprecedented losses in parliamentary elections, which followed sex and money scandals and an unpopular new tax. Mr Uno said he
    Agencies  -  579 words
  • Article
    Malaysian, Hongkong interests to build 500-room hotel in KL
    517 1  -  By KEVIN GWEE THE TAN CHIN NAM family, a major shareholder of listed KQB Corporation Bhd, is teaming up with several Hongkong parties to build a 500-room "grand-luxe" hotel in Kuala Lumpur. The developer is a Malaysian company called Budi Ikhtiar
    517 words
  • Article
    Lock icon NZ budget expected to be austere
    125 1 Reuter NEW ZEALANO dealers and economists expect more austerity from Finance Minister David Caygill's first full budget on Thursday. Markets will get another spoonful of the monetarism of predecessor Roger Douglas, who was sacked in December. But dealers and economists say Mr Caygill will
    Reuter  -  125 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      71 1 Nikon The World s Finest Photographic System. Full report, PAGE IS Regional Mkts, PAGE 20 Umuuestuhc THE NEW DISTANCE BALL 432 mctpi 1 V f f Cf ft "hthnkalty Svpwior QoM ProdvtH' FuKy conforms n MA and USGA rulings Bridgestone, one of the world's largest golf ball manufacturers with more
      71 words
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      Page 1 Advertisements Column 2
      241 1 Focus, PAGE 10 Shipyard on new course SEMBAWANG BETHLEHEM, the one-year-old subsidiary of Sembawang Shipyard, has charted a course for broad-based growth in the marine field. General manager Tang Ying Kee, in an exclusive interview with BT, takes stock of the company's current business and outlines the yard's future direction.
      241 words
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      Page 1 Advertisements Column 3
      3 1 Leader, PAGE 12
      3 words
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      Page 1 Advertisements Column 4
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      78 words
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  • HOME NEWS
    • Article, Illustration
      Passenger, cargo levels at airport set for new records
      413 2  -  By JOCELYN TOH JUDGING BY the air traffic growth rates experienced by Changi Airport in the first half of the year, air passenger and cargo levels look set to reach record levels again this year. This is further reinforced by the
      413 words
    • Article
      Asia-Pacific furniture fair to continue with innovative product award
      101 2 THE ASIA-PACIFIC Furniture Fair, to begin on Saturday, will continue to offer Innovative Product Award to encourage creativity among furniture designers. The nine-day fair, targeted at Singaporean consumers and foreign furniture dealers, has attracted 96 exhibitors occupying 176 booths spread over
      101 words
    • Article
      Future emergency exercises
      104 2 FUTURE emergency food exercises will involve importers snd manufacturers of essential food items as well as companies which supply them material and transport. Such exercises will, hopefully, cover all constituencies by 1991, said Mah Bow Tan, Minister of State for Trade and Industry and Communications and Information.
      104 words
    • Article
      Chemicals company BASF restructures operations in South-east Asia
      291 2  -  By LILIAN ANG A LEADING West German chemicals company, BASF, has decided to restructure its operations in South-east Asia to strengthen Hs business activities in this region. In the process, it will leave Behn Meyer Co, its current distributor, with responsibility for
      291 words
    • Article
      Pilot run of retailing programme kicks off with sales assistants
      229 2 SALES ASSISTANTS from 10 retail chains are taking part in the pilot run of the certificate in retailing programme, which was launched yesterday. The programme, comprising a 190-hour theory course and six months' supervised field training, will lead to the
      229 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      239 2 MOBIL OIL Singapore has appointed E L TAPUN as marketing director and LIM KIAN SENG as planning and supply director. Mr Taplin has been with Mobil Oil for 10 years and is a graduate of Yale University and Yale Law School. He was general manager of the
      239 words
    • Article
      Specialists' Shopping Centre regrouping its tenants by floors
      357 3 SPECIALISTS' Shopping Centre is now able to live up to its name. Along with a more than $1 million facelift, the centre has regrouped its tenants so that each of the five shopping floors is devoted to a certain type of store.
      357 words
    • Article
      MEMO PAD
      325 3 Seminars and CAHNERS EXPOSITION GROUP Courses V»L L% Tel: *****13 Tlx: RS *****CEGSP Fax: *****66 Jul 25 Security Management Hotel New Otanl Dataseordi Resources *****31 Jul 25 Materials Handling SMA House Singapore Monafacturers' Association *****87 Jul 25 26 Structuring Effective Personnel Policies For Salary Management Performance Appraisols Boulevard
      325 words
    • Article
      United Overseas Bank woos Hongkong professionals
      298 3  -  By HONG LEE TIAM UNITED Overseas Bank has embarked on a recruitment drive in Hongkong, while both OCBC Bank and Overseas Union Bank plan to do likewise soon. DBS Bank was the first of Singapore's Big Four local banks to go on a talent
      298 words
    • Article, Illustration
      Magic Land shaping up nicely in Marina Square
      482 3  -  By GENEVIEVE CUA THREE COMPANIES which handed together last year to explore business opportunities in the leisure and recreation sector are looking to expand their venture further in South-east Asia. Ken Air, L&M Group Investment and Pico Art have joined forces to
      482 words
    • Article
      Box makers bracing for profit squeeze
      346 3  -  RISING PRICES, MORE COMPETITION THE REASONS By JAYARAM MENON CORRUGATED box manufacturers are bracing themselves for a profit squeeze in the face of rising raw material prices and increased competition. The industry will have to settle for profit margins of between 3 and 7
      346 words
    • Article
      GPC repeats call to Thai labour officials
      173 3 THE Government Parliamentary Committee (GPC) for Defence and Foreign Affairs has reiterated its call to Thai labour officials to help encourage remaining Thai illegal workers to give themselves up for repatriation. In a letter to Suphasit Techatanont, chairman of the Committee on Labour,
      173 words
    • Article
      UOB's senior executive vice-president on EDB board
      102 3 A SENIOR executive vice-presi-dent of United Overseas Bank, Ernest Wong Yuen Weng, has been appointed a board member of the Economic Development Board (EOB). Mr Wong s new appointment took effect from July 1 this year. He replaces Peter Seah Lim Huat, an
      102 words
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      466 2 Prompt pick-up and delivery 24 hours a day IU4IUJUO (YUM f' i; i, K fUI IM at §i 5 [m '"MhWhl *54 -Y*r~'V-^.V: f !>-. 'TmWW wasi COMPAQ DESKPRO 386s A«~ I M IMMINH't I- r I r. COMPAQ PORTABLE 386 COMPAQ DESKPRO 386/33 .jif. .'.jafiii i iriffe COMPAQ DESKPRO
      466 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      181 3 A UNIQUE BUSINESS OPPORTUNITY A unique opportunity exists for interested parties to become established in a high growth business sector Mechanical and Scaffold Access Hire for a well below cost investment. GIN LIGHT ACCESS A DIVISION OF GIN AUSTRALIA LTD. ARE Of FERING. AS PART Of AN OBSOLETE STOCR SALE
      181 words
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      Page 3 Advertisements Column 2
      139 3 It's the best time yet to own the BXI6RS Go for it. Especially if you have been looking forward to owning this sleek, innovative performer. We have decided to make it very possible for you to take advantage of the lower rates for scrap cars the better exchange rate and
      139 words
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  • FOREIGN
    • Article, Illustration
      Lock icon Malaysia to give priority to foreign investment
      605 4 Bernama THE MALAYSIAN government is giving priority to foreign investment rather than just depending on a small group of local capitalists to create employment opportunities so that the people will not move to developed countries to become odd job labourers. Prime Minister Datuk
      Bernama  -  605 words
    • Article
      Lock icon Colombo removes press censorship after killing
      394 4 Reuter THE SRI LANKAN government lifted press censorship yesterday. a day after the chief censor was shot dead by suspected left-wing rebels. Deputy Defence Minister Ranjan Wijeratne announced the removal of censorship st a meeting with editors of Sri Lankan newspapers, a government official
      Reuter  -  394 words
    • Article
      Lock icon Seoul overseas investments show big jump
      125 4 Reuter SOUTH KOREAN Investments abroad in the first six months this year roee to US$l6l million in 111 venturee, from UBSB4 million in 76 projects during the same 1966 period, Finance Ministry officials said at the weekend. "The won's appreciation and rising wages at
      Reuter  -  125 words
    • Article
      Lock icon Aussie homeowners crippled by high interest rates
      350 4 Reuter HALF-A-MILLION Australians or 3 per cant of the population could lose their homes becsuse of crippling mortgage ratea, the country's Isrgest real aetata group said yesterday The warning of mass mortgage payment defaults from First National coincided with another Indue try report
      Reuter  -  350 words
    • Article
      Lock icon Net foreign debt revised upwards
      99 4 Reuter AUSTRALIA'S net foreign debt as of March 31 has been revised upwards to A 5105.96 billion from a preliminary estimate of A 5103.92 billion issued on May 31. the Statistics Bureau ssid. This comparts with net debt of A 696.60 billion st end-1968 end
      Reuter  -  99 words
    • Article
      Lock icon South Korean trade team begins Moscow trip
      151 4 Reuter A DELEGATION of South Korsan business issdsrs left yesterday for a visit to the Soviet Union to booet economic ties. Officials st the Federation of Korean Industriss said that twsnty-nlns of South Korea most influential entrepreneurs will visit Moscow and Siberia as
      Reuter  -  151 words
    • Article
      Lock icon Opposition calls for review of Nato troops in W Germany
      253 4 AFP WEST GERMAN oppoeition Social Democratic Party (SOP) leeder Hene-Jochen Vogel haa renewed calle tor a review of Nato troops bssed in Weat Germeny, charging that "foeeilisetiona" from the poet-war occupation period still persist Mr Vogel said in en interview
      AFP  -  253 words
    • Article
      Lock icon Poland seeking unrealistic amount of aid: Kohl
      207 4 Reuter POLAND is seeking an unrealistic amount of foreign eid, Weet German Chancellor Helmut Kohl hea said. "To e greet extent I find the lerge billion sums mentioned there quite unreel isUc." Mr Kohl told West German radio on Sunday. "I consider that
      Reuter  -  207 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1126 4 ARRIVALS Operator -j JWTTIC® number Local From Mm* GiA SiA UAL ax CM KM NCA AUC FTl JAL CAL SA SEY MAS SVA SiA MAS MAS ACA SU CAL OA IAW MAS GIA GiA SIA CLT MA QFA SU GiA TMA SU GIA SU TMA TIT MAS
      1,126 words
    • Article
      Lock icon Bush gathering support for B-2 bomber programme
      429 5 AP THE US CONGRESS is tackling military spending this week as President George Bush wages a last-ditch effort to save the B-2 bomber from money-conscious legislators opposed to the US$53O million aircraft. Mr Bush invited groups of members to the White House on
      AP  -  429 words
    • Article, Illustration
      Lock icon Gandhi calls resignation of 106 MPs 'irresponsible behaviour'
      283 5 AFP PRIME MINISTER Rajiv Gandhi s ruling Congress (I) Party has criticised the decision of 106 opposition Members of Parliament to resign from Parliament's Lower House and called it "irresponsible behaviour". General secretaries of the Congress (I) Party, Ghulam Nabi Azad and
      AFP  -  283 words
    • Article, Illustration
      Lock icon Bush is not interested in deal to raise tax
      158 5 Reuter US PRESIDENT Georg« Bush will not accept a tax rise to win support for his proposed cut in the rate investors pay on capital gains. Office of Management and Budget director Richard Darman has said. Mr Darman said on Sunday
      Reuter  -  158 words
    • Article
      Lock icon Suharto spells out criteria
      67 5 AFP PRESIDENT SUHARTO of Indonesia has spelled out four criteria for an acceptable expression of opinion, newspapers in Jakarta said yesterday. The daily Komp*s quoted him as saying any expression of opinion should be baaed on "healthy, rational and logical" thoughts, not rup counter to the
      AFP  -  67 words
    • Article
      Lock icon 'Up to half of Manila's GNP could be lost to corruption'
      340 5 Economic journal highlights magnitude of problem AFP SOME 40 to 50 per cent of the Philippines' gross nstional product (GNP) could be lost yearly to graft and corruption in the bureacracy and private sector, an economic journal said on
      AFP  -  340 words
    • Article
      Lock icon Doubts cast on aid plan for Manila
      204 5 AFP FORMER Philippine economic planning secretary Soiita MonsoC said most of the US$3.5 billion raised by a multilateral aid pian for the Philippines had been pledged beforehand. Nineteen countries and seven institutions pledged a total of US$3.5 billion in soft loans and grants
      AFP  -  204 words
    • Article
      Lock icon Rebels renew unilateral ceasefire offer
      294 5 Reuter PHILIPPINE communist rebels have renewed their offer to declare a unilateral ceasefire if President Corazon Aquino removes US military bases from the Philippines. The communist-led National Democratic Front (NDF) said Mrs Aquino appeared bent on extending a US lease on the bases and called
      Reuter  -  294 words
    • Article
      Lock icon Labour retains popularity but margin dips
      296 5 AFP MORE PEOPLE still say they would vote for Britain's Labour party, but its margin of popularity over the Conservatives has halved in the past month, according to a poll published in London over the weekend. A Harris survey of 2,000 British voters showed
      AFP  -  296 words
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      Page 4 Advertisements Column 1
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      74 words
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      Page 4 Advertisements Column 2
      97 4 LONDON CM ymt Tmd Afmm Ak Om* jr/JUKSS. /S\ A BREATH OF FRESH AIR Air Canada AVANT-GARDE Training Associates yEr 111 North Bridge Road #07-28 Peninsula Plaza Singapore 0617. Tel: 338 7033/338 7034 presents FINANCE FOR NON-FINANCIAL MANAGERS August 17 -18,1989 Carlton Hotel COURSE OBJECTIVES At the end of the
      97 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      71 4 )oonesbury PSARIY deWVZP, !Afc AR3 6ATHSRSP HERZ TODAY TO JOIN THIS MAN ANP THIS WOMAN Toeenm/N holy MATRIMONY.. PO YOU, HONSY, TAKB THIS MAN TO 3d YOUR HUSBAND, TO HAVS ANPTO HOCP, FOR BETTER OR FORUJORS&, THROUGH StCXN&e AND HEALTH, X T!L PCATH PO YOUFWT* BY GARRY TRUDEAU AND DO
      71 words
    • Miscellaneous
      Page 4 Miscellaneous Column 2
      73 4 Global tamparaturaa on July 23 i ft OUTLOOK: Sh«w*r* •Mr tew «riM ta Mm ■•port for 24 hours prior to 7.30pm on My 24 at Mrtrf Mgradt B*rltn Bormudo Bogota Brisbane Brussels Budapest Buonos Alras Cairo Calgary Caracas Chicago Cop'hogon RatnteM tete mat... ISIJ R*iny day* Ma mth... 10 Maxico
      73 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      303 5 *5 > Jk ff j *air ».V-V M ft (r rea AV H AWe stay open till 10pm. (You never know when a guest may drop in.) It's happened to the best are other places where you can taste, then nothing stands in the of us. quench the evening's heat
      303 words
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Yen under Tokyo's close monitoring
      122 6 Reuter THE WEAK YEN could greatly undermine Japanese price stability and hinder efforts to correct international imbalances. Bank of Japan governor Satoshi Sumita said over the weekend that Japan will make utmost efforts to seek currency stability in line with economic fundamentals in coordination with
      Reuter  -  122 words
    • Article
      Money markets
      53 6 THE OVERNIGHT rate on the Singapore money market fell point to 5 per cent yeeterday. Term rates wereunchanged. S$ Interbank rates at the ck»* yesterday: om« HD o» S A 7 ft U£m* 5 5/16 3 3/16 2-«m* 5 5/16 5 3/16 3-m* 5 5/16 5 3/16 Ovwnigto
      53 words
    • Article
      Lock icon Asian dollar market An eye on this week's US data
      275 6 Reuter ASIAN DOLLAR deposit rates ended virtually unchanged, after quiet trading yesterday. The market is looking for direction from this week's release of US June economic data. Short-dates and term rates were almost unchanged to slightly higher at the outset
      Reuter  -  275 words
    • Article
      Government Securities Market
      102 6 Treasury bills Day's Period Issue Yesterday's closing code Maturity BIO Offft KNGH LOW 3 inomtw BQ*****N 19.10.89 3.87 3.82 3.81 3.81 6 monrt» 8S*****V 18.01.90 4.00 3.95 t y*ar BY*****F 24.05.90 4.15 4.10 4.13 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      102 words
    • Article, Illustration
      World interest rates
      192 6 Indicates the average of Itw prim* lending rates of 12 ma|or banks in Singapore Interbank market ra itea (offer/bid) on July 24 us$ DM SWFC Yan 7 4mf* 1/4 1/t 14 1/14 13 13/1* 7-47/1 7 3/4 7 14 3 3/t 3 1/4 1 Mb 9 l/t
      192 words
    • Article
      Options
      1220 6 CURRENCY FUTURES OPTIONS Monday, My 24, 1989 DEUTSCHE MARK (MMEX) Sap M cM6 In SM S6» «PM6 Lot SM tss 1 1 1 —m S3 110 174 JAPANESE YEN (S4MEX) 1 f J i I S6| pmpm Lot SM 75 437 CURRENCY FUTURES OPTIONS Friday, My 21, 1989 BRITISH
      1,220 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      162 6 THE Alt A SPIRIT. The ALFA Spirit. That rare feeling of power and absolute control of this brilliant new ALFA ROMEO which offers the driver an active experience of driving pleasure. Evolved from a very long and The supreme performance of the ALFA 164 3.0 is provided by the power
      162 words
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      Page 6 Advertisements Column 2
      119 6 FOR THE NEW COMPANIES MAKE Companies make news because they make profits or fosses for you. The Business Times' COMPANIES NEWS pages are very widely read. We reveal the latest deals in town, profile the movers and shakers behind them and summarise corporate events in the world's major markets. We
      119 words
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  • BANKING AND FINANCE
    • Article
      Forex markets
      1171 7 SINGAPORE: The US dollar closed lower against most currencies after profit-taking and selling interest reversed its early uptrend yesterday. It closed at 142.05/15 yen against New York's 142.15/30 Friday finish and at 1.9045/55 marks against 1.9130/40 marks. Dealers said the dollar's initial rise followed the defeat of Japan's
      1,171 words
    • Article
      SIMEX
      329 7 Trading on July 24, ISM Opart High Low Salt fat Vol Op/W Vol EURODOLLAR Sap 89 91.40 91.41 91.36 Dac 89 91.75 91.77 91.73 Mar 90 9X03 93.03 91.98 Jun 90 91.98 93.01 91.9* Sap 90 91.93A Dac 90 9! .73A Mar 91 91.67A Jun 9) 91.56A Sap 91
      329 words
    • Article
      Lock icon Simex
      171 7 BA Futures SEPTEMBER EURODOLLAR futures yesterday opened three ticks lower than Friday's Simex close at 91.40 on bearish market sentiments following expectations that the Federal Reserve will not ease monetary policy immediately. Trading was lethargic as dealers refrained from taking positions ahead of June US durable goods orders today.
      BA Futures  -  171 words
    • Article
      Lock icon IMM
      287 7 Reuter JAPANESE YEN slid lower at midmorning on Friday, dragging other currencies in its wake. Cash dollar buying against the Japanese currency had triggered the move. "The rest ot the currencies were following the yen down," one currency trader said. Early gains stemmed from follow-through on last Thursday's market
      Reuter  -  287 words
    • Article
      Lock icon Mexico and creditors reach landmark deal
      598 7 Reuter MEXICO and its creditor banks have reached a milestone agreement marking the first application of US Treasury Secretary Nicholas Brady's debt initiative. The agreement on Sunday is less than Mexico was originally seeking but is the first time international banks have accepted debt
      Reuter  -  598 words
    • Article
      Lock icon IMF tired of being a scapegoat
      243 7 AFP THE International Monetary Fund (IMF) should no longer allow itself to be used as a scapegoat for unpopular austerity policies, IMF msnaging director Michel Camdessus has said. "For too long, we have accepted being made a scapegoat by governments that have embarked on
      AFP  -  243 words
    • Article
      Lock icon Bank of China forex deposits up
      85 7 Reuter PERSONAL foreign exchange deposits in the Bank of China at end-June were US$l.56 billion, up US$35O million from end-1968, and a further increase is expected in the second half of the year. Economic Daily quoted bank officials as saying the turmoil in Beijing
      Reuter  -  85 words
    • Article
      Lock icon NatWest directors hold crisis meeting
      235 7 AFP DIRECTORS of Britain's biggest commercial bank. National Westminster, held a crisis meeting on Sunday after government inspectors accused the bank of deceiving the stock market over an unsuccessful £800 million (US$l.2 billion) takeover two years ago. The 29 directors issued a statement saying there
      AFP  -  235 words
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      Page 7 Advertisements Column 1
      260 7 ARE YOU A TOP-NOTCH EXECUTIVE? r nicStmits r rii!ies rams liiim-iiuiwiirninfiii'it) Rewards for the outstanding MM* The CnrW krHct idml mova away from 522? 2E& mm. iKSI mMMhMmi •(•HlarMn If«»»m <H ris»- fitr 7MJMH Trim) rw\l mamlh —g- reward*. baaad on th» Helton Ihtl tmry ofh hhl I*kk«-i lamus if
      260 words
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      Page 7 Advertisements Column 2
      165 7 At the Cariton Brasserie, you don't hare to be French. Just curious. 1 ri\ m Discover why the informality and friendliness of the traditional French Brassene is one of France's greatest exports to the world Of course we've added a few touches of our own to give it. what we
      165 words
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  • COMMODITIES
    • Article
      Lock icon Slower growth expected for Tokyo rubber demand
      521 8 Reuter GROWTH IN JAPAN'S rubber demand is likely to slow in 1989 as tyre makers shift production abroad and tyre imports rise, according to trade and industry sources. Japan used 1.30 million tonnes of natural and synthetic rubber in 1988, up 11.5 per
      Reuter  -  521 words
    • Article
      Lock icon ICO collapse brings boom to Brazil's coffee traders
      441 8 Reuter BRAZIL'S coffee traders say business is booming in the aftermath of the International Coffee Organisation (ICO) collapse. "In the last two weeks, we sold half of what we exported between January and June," said one Rio trader. Another trader said: "The
      Reuter  -  441 words
    • Article
      Produce Prices
      194 8 Chinese Produce Exchange noon dosing pd July 24 (S$/100 kg) Icm an Coconut oil It* FOG 103.00 OM drum FOB 113.00 New drum FOt 117.00 Copra Mixed (laow) 59.00 soMocs Pepper Muntofc wfWte FOt NtW 487-50 Sarawak *Wtt FOB faq NLW 477JO Sarawak ip«dol block FOB NLW 335.00
      194 words
    • Article
      Lock icon Crude Oil and Products
      142 8 Telerate PRICES WERE unchanged in the Singapore HSFO market yesterday. Buyers were heard at $90-1 mt FOB Sing with sellers resisting any downward pressure and continued to ask $93-4 mt for 2nd-half Aug CST-180. Most of the majors in Singapore were in short Position for HSFO
      Telerate  -  142 words
    • Article
      Precious Metals
      341 8 HONGKONG: Gold closed little changed in sluggish sod thin trsding yesterday. There was very little activity in the market owing to a lack of fresh factors and traders were focusing on the US dollar movements. Bullion ended at U*****.80/372.30. unchanged with the open, against Friday's New York U*****.75/372.25
      341 words
    • Article
      Rubber
      245 8 SMGAPORE: Rubber prices closed lower with August One RSS buyer quoted at 174.00 cents a kg yesterday, down three cents from Friday's close. On the TSR-20 Award market, prices closed lower in line with One RSS levels in lacklustre trading. August buyer was quoted at 144.50 cents a kg,
      245 words
    • Article
      Palm Oil
      394 8 MALA YUAN rmh palm ofl Mpm continued its downtrend yesterday on the Kuala Lumpur Commodity Exchange (KLCE) and fell sharply to below the Ms7oo a tonne level. Speculative selling and buyers' reeerve. in sympathy with loesee on the Chicago Board of Trade, aided the decline. Dealers said operators
      394 words
    • Article
      KL Tin
      105 8 STIIOMO all-round buying <—1i pranpM Mm Hunts Lumpur Tin MaiM prion In axland Frtday*a rtaa by ftvn cants In Mt28.11 n kg In brtak tmdlng yaalarday. Tim prion wan puahad Ing hlghnr blda of 117 tonnnn ngntaml aSara of 1» and alao dua la FHday*a hlghnr cloabig an
      105 words
    • Article
      RAS and MRELB
      253 8 RAS prices nt« MMfrPOl 1 In bataa NOON CLOSE to 1 ISS Prompt Duyan 176.50 *****N ***** *****N to 1 RSS Aug ***** 176.00 ***** *****N to 1 RSS Sap 176 JO ***** ***** *****N to 2 res op ***** *****N 17X00 *****N to 3 RSS OP
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    • Article
      SSR and SMR
      79 8 IWM AUGUST 1989 (currant Morth) SCPTEMi ii KR 1989 RAS NOON NOON Sdm luyon SaNn SSt 30 149.00 151.00N 149 JO 131 JON SSI so 147J00 149JMN 147JO 149JON MRELB ■vywi S*n Salan SMI CV ***** *****N 333.00 334.00N SMC I 231.00 *****N 33X00 335.00N SMI S
      79 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      342 8 New Directions In THE HOTEL INDUSTRY 22-23 August 1989, Pan Pacific Singapore A conference of immediate relevance for all in the booming hotel, travel and tourism sectors. Presenting an outstanding panel of international and local experts in hotel and travel. These include: Pakir Singh, Executive Director Singapore Hotel Association Clarence
      342 words
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      Page 8 Advertisements Column 2
      85 8 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at successful
      85 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      213 9 OUR PRODUCTION MANAGERS ALWAYS RECEIVE THEIR JIT. STOCK SCHEDULING FOR COST EFFICIENCIES. j«r JgfT A ■ffl -r V'-i •> rat* wq S§« 5: ~-fr FV*. *a«;. :t^ M jt V/ -r 9E v. S.<: f c vv 7V-V> UR t :T il < i £2 w l'?S5 /•V 'vvSfccyu BUT
      213 words
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  • FOCUS
    • Article, Illustration
      Lock icon LDP suffers worst setback in 34 years
      855 10 Japan's ruling Liberal Democratic Party lost control of the Upper House of Parliament when voters vented their anger over the government's scandals, farm programmes and unpopular sales tax by casting their votes for the Opposition. The second article profiles Takako Doi, the leader
      NYT  -  855 words
    • Article, Illustration
      Lock icon Takako Doi: the simple, upright woman behind JSP's victory
      574 10 AFP THE ELEGANT Takako Doi, a headstrong woman who has guided the Japan Sodaliat Party (JSP) tor the last three years, is emphatic proof that Japaneae politics la not tor men only. By spearheading the JSP's stunning Mucosas in Sunday's Upper
      AFP  -  574 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      229 10 s s S S Ste si S S 5 s *£M 5 s mv s 1 «a iiil I S s s s s ass siiis s SHE* s r»,v.» s S'ifc s s m x\ 85 4,: Bwg®e i l>: 5 J-7* 5 U *v* 3^ s r* s
      229 words
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  • TECHNOLOGY
    • Article, Illustration
      Virus detection: what an ordeal!
      683 11 IP® ©LMS2 SPENDING a weekend cleaning out a virus-infected hard disk is no fun. I should know. I just did. Thirty megabytes of programs and data cleared away. It is now midnight on a Sunday evening and my PC is finally up and running. WordPerfect
      683 words
    • Article
      More power for laptops
      209 11 GATES Energy Products is unveiling a new rechargeable battery system specifically for the laptop computer market that will give users a 25 per cent capacity increase over previous products used in this market. Gates expects the first applications to appear in the next 60-90 days. The
      209 words
    • Article
      Matsushita develops 1kb optical chip
      72 11 MATSUSHITA Electric Industrial Co Ltd has developed a one-ki-lobit optical memory microchip prototype, the company spokesman said. The Matsushita chip is about 40 per cent of the size of a prototype developed by NEC Corp, which first succeeded in developing an optical memory chip in
      72 words
    • Article
      Shell to launch electronic link for prime customers
      466 11  -  PCs will provide the link under Shell Net By JEFFREY TSANG AS OIL companies dig in for a market share through offering new convenient computerised services, Shell is about to steal a march on its rivals. The oil company is launching a
      466 words
    • Article
      Lock icon Enter the ES-1 supercomputer
      606 11 NYT A NEW challenger has entered the high-risk supercomputer business, introducing a machine that it says will be more effective at certain tasks than those sold by the industry leader, Cray Research. The new entrant, the Evans Sutherland Computer Corp of Salt Lake City, is a
      NYT  -  606 words
    • Article
      Lock icon Compaq introduces charger, car adapter for its laptops
      106 11 Reuter COMPAQ Computer Corp has introduced an external battery charger and a car adapter for its SLT/286 laptop computer. It said the charger, priced at US$l4B, holds two battery packs and charges one at a time in up to one and a
      Reuter  -  106 words
    • Article
      Lock icon Airod wins order to build 570 units of PAL system
      146 11 Bernama AIROD Sdn Bhd, a subsidiary of Aerospace Industries Malaysia, has received its first order for the manufacture of 570 units of a portable airfield lighting (PAL) system for civil and military applications. The system will be produced under licence
      Bernama  -  146 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      443 11 Lighter Side is held over i\ v<mi ■■i: sv. t.. A m ft > w Rrm ■Nr H. "V <*r AMD-PAL The merger of two advanced electronics companies has produced a winning combination today ships more programmable logic devices than all other suppliers combined. Plus we have the widest range
      443 words
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  • PERSPECTIVE
    • Article
      Second link means more opportunities
      463 12 NEWS THAT a second link between Johor and Singapore has been approved in principle by Malaysia will be welcomed not just by the recreational traveller but by the business community on both sides of the Causeway. Long queues on public holidays and weekends have been
      463 words
    • Article, Illustration
      Darwin: New home for Hongkongers?
      1475 12  -  The idea of moving Hongkong to Darwin, the capital of Australia's Northern Territory, may not be that far-fetched. Darwin aspires to establish itself as an entrepot port serving both the southern states of Australia and the South-east Asia region a prospect that may appeal to
      1,475 words
    • Article
      Lock icon Britain's refusal feeds debate on its immigration policies
      556 12 NYT THE CONTROVERSY surrounding Great Britain's refusal to allow holders of British passports in Hongkong to settle in Britain has fed a long-running debate over this nation's policies towards immigrants. Since the communist repression of the pro-democ-racy movement in China last month,
      NYT  -  556 words
    • Article
      Lock icon Miami-based TV networks accused of Cubanisation
      853 13 THE LATIN AMERICAN PROTESTS NYT MEXICAN-AMERICANS in Los Angles are protesting what they perceive as the Cubanisation of the two major Spanish-language television networks, highlighting national sensitivities among the country's disparate Latin American population. In recent weeks the protesters have asserted that the two
      NYT  -  853 words
    • Article, Illustration
      The harsh life in the coal pits
      1146 13 THE SIBERIAN MINERS ISSUE THERE is no need to descend into the coal pits to sample the wretchedness of the Siberian miner's life. Hearth and home at ground level can serve as well. This is demonstrated by Aleksandr Y Pletnyov, a passionately frustrated
      1,146 words
    • REGIONAL VIEWPOINTS
      • Article
        Rail dispute rekindles fire
        282 13 Our weekly summary of what other publications have to eay about issues of International Interest BRITAIN "The Thatcher Revolution, now into its eleventh year, still has several turns to make... The gloss has gone from these social economic achievements in the last two years with inflation
        282 words
      • Article
        Reform off state firms
        219 13 INDONESIA "The restructuring of our state companies, expected since last year, will likely begin within the next few weeks. According to Finance Minister J B Sumarlin the government is considering which of the seven kinds of restructuring measures already prepared will be applied to the state
        219 words
      • Article
        Step up palm oil R&D
        184 13 MALAYSIA It is always better not to put all the eggs in one basket. Malaysia, the world's largest producer and exporter of a number of primary commodities, keeping this in mind, has not only recognised the need to move into downstream, value-added activities but also
        184 words
      • Article
        A board for cocoa
        235 13 "The creation of the Malaysian Cocoa Board is a logical development in view of the tremendous expansion of the industry over the past decade and Malaysia's emergence as a major producer. While the total area under cocoa nearly doubled from 123,800 hectares in 1980 to 258,000
        235 words
      • Article
        Parting of the waters
        281 13 CHINA The Communist Party General Secretary. Mr Jiang Zemin, last week used the enigmatic metaphor of the "well water" staying separate from the "river water" to describe the unique relationship between China and Hongkong. It was an apparent reaffirmation of the "one country, two systems" philosophy,
        281 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      297 12 Now On! 25-28 July, 1989 w/A Kuaia Lumpur, Malaysia Benefit the "World Connection" The 2nd presentation of the Internepcon/Semiconductor International Malaysia Exhibition from 25 28 July 1989, will bring together the biggest, most authoritative line-up of electronics and semi-conductor equipment and materials manufacturers and suppliers... in one venue... over 4
      297 words
    • Advertisement
      Page 12 Advertisements Column 2
      252 12 □I fjj Here's the story. Plain, Simple and Honest. There's no secret to producing tender and tasty Harris Ranch beef. All we do is feed hand-selected cattle on corn and natural grains. Then we process the beef ourselves and have it FLOWN FRESH to Jack's Place. It's Honest to Goodness
      252 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      103 13 A challenge to businessmen who think i v there's enough out there for everyone. Whether you're doing business in Malaysia. Moving your plant to Thailand Closing a deal in Japan. You know the profit potential throughout Asia-Pacific is enormous. Which means the competition is too. So, before they make their
      103 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      31 13 -PirKrng DAmN THPCT U)RS Tniey (jJRnt someone foR p* fcotjigkt WHO OH 6.RRTH CRN U)0 G6-T TO Go BpyCK. TM&RC Py r pisk neR ib come in. cr> Keep FiNGeRS CROSSED
      31 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Surf's down! So let's make waves
      670 14 SURFING NYT MUCH OF southern California has been paved over to create smooth rides, so why not the bottom of the ocean? A surfing organisation is studying whether it would be practical to build an underwater reef that would ensure a constant supply of
      NYT  -  670 words
    • Article
      Lock icon A summer night at the baths — Roman style
      706 15 A summer night at the baths Roman style OPERA Reuter AS THE MUSIC starts for the opening act, a sound something like "pechhh" is heard in the auditorium. A request for quiet? No. It's a spectator wrenching the ring-pull top from a can of fizzy drink. For this is a
      Reuter  -  706 words
    • Article, Illustration
      Lock icon Danny de Vito paints an American Gothic
      1147 15  -  CINEMA By KENNETH TURAN The writer is the film critic for Gentleman's Quarterly. NYT MICHAEL DOUGLAS is a mass. His fscs is swsaty and unshaven, his graasy hair unkempt, and hia expensive shirt looks aa if Smokey the Bear used it aa a
      NYT  -  1,147 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      947 14 Where to entertain... Where to entertain... Wbetr to entertain... Where to* ion lunch Our executive chef has created an Executive Lunch Buffet with specialities. For $16.90+4-, enjoy a full-range salad, roast beef, red snapper, chicken breast cordon bleu or lamb noisctts normande. So, finish your meal with the tempting spread
      947 words
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      Page 14 Advertisements Column 2
      191 14 w tin i Join us is we come to the climax of the competition for Singapore's richest annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Mandarin Reservations Counter. A (>K \\l) I\ \1 s I \i \\l \KI K\l 1 Rt
      191 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      209 15 entertain.. The Businessman's Lunch Is In The Paek. The businessman's lunch at Hubertus Grill offers you the opportunity to dine in the relaxing ambience of a bunter s lodge and to enjoy a sumptuous spread of appetizers, soups, salads, fruit and desserts. Plus, there is a selection of delightful main
      209 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      664 15 CRYPTIC PUZZLE ACROSS 3 Popular overture with electrifying middle bit (5) 8 After yesterday, what can you expect (5) 10 Where iron is twisted around a soft core (5) 11 Weighty letter from Tony (3) 12 Singer of a number of incomplete works (5) 13 Wonderful wise men going to
      664 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1345 15 TV and RADIO The singer or the song? 5OUR CHOICE BAJA OKLAHOMA, 10.35pm, SBC 5 A comedy about a Texas waitress, the story of whose life can be summed up with the refrain of a cou n try-a r>d-west-ern: 'Looking for love in all the wrong places'. Hopping from one
      1,345 words
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  • SPORTS
    • Article, Illustration
      Tyson to fight here?
      519 16  -  BOXING By A SURENDREN WORLD BOXING PROMOTERS Dunoo's Promotions have confirmed that Mike Tyson may fight in Singapore. According to George Manz, a director of Dunoo's Promotions, it was his company which had intended to bring Tyson to fight former heavyweight champion George Foreman in China.
      519 words
    • Article
      Lock icon Andretti survives bumping incident to take flag
      341 16 MOTOR-RACING AP MICHAEL ANDRETTI barely avoided the adversity that has dogged him this season, surviving a bumping incident with Emerson Fittipaldi just two laps before taking the checkered flag on Sunday in the Molson-lndy. The 26-year-old Andretti led the final 23 laps of
      AP  -  341 words
    • Article, Illustration
      Calcavecchia takes British Open
      488 16 GOLF MARK CALCAVECCHIA, written off along with his fellow Americans as a contender for the 118 th British Open, proved on Sunday that the US is far from a spent force by capturing the title for the first time. The man who said the Ryder Cup
      488 words
    • Article
      Lock icon Day of loss for Watson, Grady
      410 16 AP TOM WATSON had golfing history at his fingertips but let it slip through his hands Wayne Grady was one hole away from an upset victory but had it snatched away by no more than 15 cms. Just when they were most needed, the
      AP  -  410 words
    • Article, Illustration
      Lock icon Becker taking a rest after heroics
      344 16 TENNIS AFP BORIS BECKER is to take a three-week break from tennis after his heroics helped holders West Germany into the Davis Cup for the second successive year. The Germans clinched their world group semi-final against the US in Munich after Carl-Uwe Steeb won
      AFP  -  344 words
    • Article
      Lock icon Byrum captures Hardee's Classic
      115 16 AFP SIBLING RIVALRY must havs been a strong motivator for Curt Byrum on Sunday as he shot a four-under-par 66 to win the US$7OO,OOO Hardee's Classic in Coal Valley. Illinois. Byrum, whose younger brother Tom notched his first caresr win last month, ended seven years of
      AFP  -  115 words
    • Article, Illustration
      Lock icon Just eight seconds
      468 16 CYCLING AP AS THEY WARMED UP in Versailles. Greg LeMond and Laurent Fignon paid little attention to each other, even though they were just metres apart. But they were really 50 seconds apart. Less than a minute to decide who would win the Tour de France this
      AP  -  468 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      140 16 newtx*or>c< Yes, t Plav it v in rr-T S v. ey er non lightning. ight! Awe-inspiring dbrformances on and off the courts or the backs. V. The New Balance 1500 Series. For Running, Basketball and Tennis. S y Running $320 $235 See the full range of New Balance products at:
      140 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon New issues raise old issue
      612 17 urn mm™ By HOCK LOCK SIEW NATIONAL IRON and Steel Mill's decision to offer its proposed issue of bonds with warrants to shareholders raises an old, and still unresolved, issue the pre-emptive rights of shareholders. Do or do not shareholders deserve the first crack at
      By HOCK LOCK SIEW  -  612 words
    • Article
      COMPANY BRIEFS
      192 17 THE STOCK Exchange of Singapore said separate quotes will be used to distinguish shares held by foreigners in OverseaChinese Banking Corp Ltd (OCBC) and United Overseas Bank LM (UOB), effective July 31. OCBC stocks held by foreigners will be quoted as OCBCF and UOB shares as UOBF. Stocks
      192 words
    • Article
      Inter-Pac unloads another block of 21m Berjaya shares
      409 17  -  By MAGDALENE NG INTER-PACIFIC Industrial Group has divested another substantial stake in Berjaya Corporation its third in a month whittling its original 85.11 per cent interest in the company to 57.25 per cent of its enlarged paid-up capital. The latest disposal involved
      409 words
    • Article
      Mill turns in strong half-time earnings of M$13 million
      653 17  -  GROWTH LED BY ITS BANKING AND FINANCE DIVISIONS By ELAINE KOH MALAYAN UNITED Industries, the diversified conglomerate headed by Datuk Khoo Kay Peng, has turned in a strong performance at half-time with group after-tax profits standing at M 513.12 million. This
      653 words
    • Article
      Lock icon MRCB shareholders approve property sales
      308 17 Bernama SHAREHOLDERS OF Malaysian Resources Corporation Bhd (MRCB) have approved the proposed sales of Resource House and Resource Plaza at the company's extraordinary general meeting held in Kuala Lumpur yesterday. Speaking to reporters after the EGM, chief executive officer. Subimal Sen Gupta said the proposed
      Bernama  -  308 words
    • Article
      Singmarine's profits more than double
      323 17 SINGMARINE INDUSTRIES Ltd has managed an impressive 116 per cent rise in group after-tax profits to $6.52 million for the six months ended June 1989 from $3.02 million previously. It is the second listed company in the Keppel group to announce its interim results after
      323 words
    • Article
      Lock icon Choc Products may now be in new hands
      473 17 MBT THE RECENT disclosure by Unico Holdings that it has increased its stake in Chocolate Products (M) Bhd from 24.75 per cent to 30.85 per cent poses the question of who controls the listed company. While Unico has built up its stake
      MBT  -  473 words
    • Article
      Wah-Chang to float food unit on Thai exchange
      310 17 THE WAH-CHANG group is hiving off another of its subsidiaries on the Thai stock exchange through a private placement of 1.2 million shares at Baht 63 each or Baht 75.6 million (about 555.72 million). In an announcement yesterday, Wah-Chang said whollyowned subsidiary,
      310 words
    • SES
      • Article, Illustration
        Married deals account for big jump in turnover
        1140 18  -  HERMAN PHUA MARRIED DEALS of about 30 million shares brightened up an otherwise featureless day of trading on the stock exchange yesterday. The deals helped boost turnover by 55 per cent to 146.26 million units worth $199.83 million. Last Friday's volume was
        1,140 words
      • Article
        Unit trusts
        316 18 Managers' pria OCBC-S1MBL InvestnM tnt MARA-Bumiputra Funds (NTA) for July 25 So**n Capital Fund 107 1.12 Fiat B'putra 7.44 7.49 Aiaon Fund 200 (A *y 20 US$1128 Savm Taut Fund 1.06 l.ll Sacond B'putra 482 487 Ooiwo Jopon Fund (July 211 *9.353 Singapore Unit Trust TWd B'putra 4.72
        316 words
      • Article
        COMPANY MEETINGS
        51 18 BUKIT BEMBAWANG ESTATES LTD: 23rd AGM at the 19th Floor, OCBC Centre. 65 Chulia Street, Singapore 0104, on July 28, Friday, at noon. MALAYAN UNITED INDUSTRIES BERHAD: EGM at MUI Plaza Conference Centre, Ist Floor, MUI Plaza, Jalan P Ramlee, ***** Kuala Lumpur, on July 28 at 2
        51 words
    • Article
      SES SHARE INFORMATION
      6305 18 Qr*a Qr*s 1989 Tel Loot Vol Day I .MtOw Ma Otv Dlv rid 1 lot M Cap High Low Coda Company Sale JIM 14 +or> C000) High Low B uyer S« tlior C*vr P/E SmM DEBENTURES, BC IN03, LOANS 284 124 t 1543 CK Tang Wt 1990
      6,305 words
    • KLSE
      • Article, Illustration
        Lock icon KL prices rise broadly
        3526 19 MBT SHARE PRICES on the Kuala Lumpur stock market recovered from the clowns lid® last Friday to close broadly higher yesterday in moderate trading. Brokers said third-iiners and property counters attracted the bulk of operators' Intereet They said the Improved sentiment stemmed partly from better performance#
        MBT  -  3,526 words
    • REGIONAL MARKETS
      • Article
        Lock icon HK brain drain — hongs have a lot at stake
        601 20 HK brain drain hongs have a lot at stake LITTLE CHOICE BUT TO DABBLE IN POLITICS The Economist WITH THE BULK OF their assets in Hongkong and most of their business tied to its prospects, the colony's hongs, or giant trading houses, have more to lose than frlmost anyone if
        The Economist  -  601 words
      • Article, Illustration
        Lock icon Shares gain ground in subdued trading
        631 20 Sydney Reuter THE AUSTRALIAN share market closed higher in subdued trade yesterday ahead of today's June Consumer Price Index (CPI) figures, dealers said. The All Ordinaries Index closed 5.8 points higher at 1,606.4 after trading within a thin fivepoint range. "Investors are cautious ahead
        Reuter  -  631 words
      • Article, Illustration
        Lock icon Modest rebound
        670 20 Tokyo Reuter JAPANESE Prime Minister Sosuke Uno yesterday said he would reaign, and after a respectful period of restraint, the market answered with a modest round of applause as share prices closed broadly firmer in light trade. "Bad news is good news in the market now," said one
        Reuter  -  670 words
      • Article, Illustration
        Stocks fall on technical correction
        1481 20 Hongkong SHARE PRICES in Hongkong yesterday closed easier due to a technical correction from a sharp recent rebound. The Hang Seng Index closed 13.2 plaints lower at 2,482.54. It was 35 points lower in the early morning. The broader-based Hongkong Index shed 9.11 points to
        1,481 words
      • Article
        Lock icon Bangkok: New record
        189 20 Reuter SPECULATIVE buying of selected finance, commerce and textiles shares pushed the Thai stocks index to another record high yesterday, brokers said. The SET Index went up 4.06 points to close at 626.36 in very active trade. Gains outnumbered losses 73 to 35. Most active were Padaeng
        Reuter  -  189 words
      • Article
        Lock icon Manila: Rally
        101 20 Reuter PHILIPPINE shares yesterday rose sharply in busy trade as general interest in the market grew on blue chips' strong fundamentals and persistent stock bonus rumours. The Manila Stock Exchange Composite Index gained 1.17 per cent to close at 1,078.24 points from Friday's 1,085.78. "Prices were just catching
        Reuter  -  101 words
      • Article
        Lock icon Seoul: Third fall in a row
        142 20 Reuter SEOUL STOCKS yesterday slipped for the third day in a row as individuals' bearish sentiment led to active selling, brokers said. The composite stock index fell 2.23 points to 890.43. Volume was low at 187.0 billion won against 130.5 billion in half-day trading
        Reuter  -  142 words
      • Article
        Lock icon Taipei: More losses
        424 20 Reuter SHARE PRICES in Taiwan yesterday extended their losses after Saturday's sharp fall as investors remained pessimistic about the market brokers said. The weighted index fell 55.77 points or 0.64 per cent to end at 8,661.03 compared with Saturday's 8,716.80 finish. Turnover fell to NTS7I.II billion from
        Reuter  -  424 words
      • Article
        Lock icon New Zealand: Down slightly
        86 20 Reuter NEW ZEALAND share prices yesterday fell marginally in moderately active trade with the Barclays Index easing 1.19 points to 1,937.69. brokers said. Fletcher Challenge and Brierley Investments were active, with FCL steady at NZ54.57 and BIL firmer by two cents at NZ$l.B5. Publisher Wilson and
        Reuter  -  86 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon Sheehy defends BAT's diversification
        619 21 FOCUS ON TAKEOVER BID FOR BAT INDUSTRIES NYT PATRICK SHEEHY, the normally jovial chairman of BAT Industries pic, says he is sure he will rebuff Sir James Goldsmith's arguments that he has not done a good job managing BAT. But Mr Sheehy sounds a lot less
        NYT  -  619 words
      • Article, Illustration
        Lock icon 'Aim is for a classical balance sheet'
        368 21 Reuter ANGLO-FRENCH TYCOON Sir James Goldsmith has estimated that it will take a year to break up BAT Industries for which he has launched a controversial £13 billion all-paper bid. Interviewed with consortium ally Jacob Rothschild in the Financial Times newspaper. Sir James
        Reuter  -  368 words
      • Article
        Lock icon Two from the 'Society of Catalysts'
        505 21 FT JACOB ROTHSCHILD, with tongue in cheek, describes the motivation of Sir James Goldsmith and himself in Britain's biggest takeover bid: "You can describe Jimmy and myself as the joint chairmen of the Society of Catalysts, rather than predators or pirates or whatever." Two
        FT  -  505 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        597 21 Reuter LONDON: Share prices tumbled in light trading at midday yesterday, as market makers took profits. Nervousness about Britain's June trade figures, due to be released tomorrow, and scepticism about Wall Street's rally last Friday formed the backdrop to the sell-off. "There's no real selling pressure around,"
        Reuter  -  597 words
    • Article, Illustration
      US economist warns of recession
      708 22  -  FEDERAL RESERVE BLAMED FOR SQUEEZING THE ECONOMY By ZHOU MEI, Economics Correspondent A HOOVER Institution economist has warned that the US economy is in imminent danger of a recession, which could occur by the latter part of 1989. However, Thomas Gale Moore, a senior fellow
      708 words
    • Article
      'Singapore need not fear Super 301 fallout'
      402 22  -  By BOEY KIT YIN By BOEY KIT YIN of the Foreign Desk SINGAPOREAN businessmen can sleep soundly: they have no fear of any fallout from the US Omnibus Act, which provides for retaliation against unfair trade practices, US economist Thomas Gale Moore said
      402 words
    • Article
      'Johor has proof that island belongs to Malaysia'
      186 22 THE JOHOR state government has proof that the island on which Horsburgh Lighthouse stands belongs to Malaysia, Foreign Minister Datuk Abu Hassan Omar said yesterday. There is disagreement between Malaysia and Singapore over ownership of the island, called Pedra Branca by Singapore
      186 words
    • Article
      Lock icon Coal strikes a test for reforms: Gorbachev
      294 22 AP. Reuter SOVIET President Mikhail Gorbachev said yesterday that the coal strikes which had swept the country were the biggest teet for his economic reforms since they began four years ago. Mr Gorbachev, speaking at the Supreme Soviet told legislators that almost all
      AP.; Reuter  -  294 words
    • Article
      Virgin Atlantic flying to Singapore next year
      330 22  -  By SHOEB KAGDA VIRGIN ATLANTIC Airways, the upstart carrier owned by British entrepreneur Richard Branson, will start weekly flights to Singapore from the middle of next year. The go-ahead to fly here represents a major triumph for the airline, whose application was submitted
      330 words
    • Article
      Lock icon Sihanouk, Hun Sen open Cambodian talks on sharing power
      559 22 AFP, AP THE FUTURE of Cambodia looks as uncertain as ever as Cambodian leader Prince Norodom Sihanouk and Vietnameseinstalled Cambodian Premier Hun Sen began talks in La Cel-le-Saint-Cloud, France, yesterday on how to ahare power after Vietnam ends its 10-year military
      AFP,; AP  -  559 words
    • Article
      Lock icon Comex gold
      91 22 Reuter COM EX GOLD FUTURES gained early on odd-lot buying against a lower dollar but the market lacked the participation of large volume traders. August gold was up US$O.5O at U*****.50 an ounce after coasting in a narrow range of U*****.60 to U*****.80. Overnight, gold was locked in
      Reuter  -  91 words
    • LATE FILE
      • Article
        Lock icon Chinese retail sales soar
        65 22 AFP RETAIL Mlti in China soared by 18.3 par cant to 411.95 billion yuan (U*****.74 billion) in the first half of 1900 compared with the same period last year. The growth rate was 0.1 percentage points lees than thai in the last quarter of 1000, the
        AFP  -  65 words
      • Article
        Lock icon MAS to resume China service
        45 22 AP MALAYSIAN Airlinee will resume its weekly service to Guangzhou on September 5. "MAS will alao extend the service to Beijing at a later date if the traffic demand justifies it," MAB managing director Abdul Aziz Abdul Rahman added. AP
        AP  -  45 words
      • Article
        Lock icon 'Democracy has helped the rich'
        57 22 Reuter PRESIDENT Corazon Aquino said yeaterday that the Philippines' new democracy had mainly heiped the rich and aaked Congreee to enact laws to spreed the profits of economic recovery. "Liberty is not a eubetituto for food," Mrs Aquino said in a state of the nation
        Reuter  -  57 words
      • Article
        Lock icon High Aussie CPI rise expected
        69 22 Reuter AUSTRALIA'S Consumer Pries Indsx is sst to rise markedly in ths second quarter of 1909, economists said. Market forecasts for 9m June quarter CPI, to be released tomorrow, ranged from 2.1 per cent to 2.7 per cent, sharply up from the three different official
        Reuter  -  69 words
      • Article
        Lock icon Ford unveils sports car
        32 22 Reuter FORD Austrslis yesterday unveiled a new convertible sports car it expects will earn more than As4oo million (US$3OO million) a year in exports, mainly to the US.
        Reuter  -  32 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      173 17 Singmorine Industries limited (Incorporated in the Republic of Singapore) The Directors of Singmarine Industries Limited advise the following unaudited results of the Group for the six months ended 30 June 1989: GROUP 1989 1988 For the first six months, the Group performed better compared to the corresponding period in 1988.
      173 words
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      Page 17 Advertisements Column 2
      197 17 SINGAPORE'S PREMIER WATCH BOUTIQUE NYIAP2B6 The First and Only One" Made in Republic of Singapore LAPTOP Computer PC/AT After one year of testing the Nylap 286, we are now proud to share with you this small, compact and elegant PC/AT laptop with most of the features of your old Desktop.
      197 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      777 20 jjiiii t£ui=» gj i r=ui x/ The National Bank of Kuwait sak Consolidated Balance Sheet at 31 December 1988 Cash and balances with banks Money at call and short notice with banks (Note 5) Treasury bills and bonds (Note 6) Guarantee Fund bonds (Note 7) Bankers' negotiable cerif icates of
      777 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      375 21 NOTICES NOTICE NOTICE IS HEREBY GIVEN that, I Chan Chwee Yong of No 1005 Lower Delta Road #05-03 Teresa Ville Singapore (0409), have applied for a Public House, 2nd Class licence in respect of premises at M/s Swensens Of Singapore Pte Ltd at 141 Middle Road GSM Building #04-07 Singapore
      375 words
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      Page 21 Advertisements Column 2
      312 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 HERN ANN (PTE) LTD (In Voluntary Liquidation) At an Extraordinary General Meeting of the members of HERN ANN (PTE) LTD. duly convened and held at 6001, Beach Road, #17-07, Golden Mile Tower, Singapore 0719 t>n the 21 day of July 1989,
      312 words
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      Page 21 Advertisements Column 3
      224 21 THE COMPANIES ACT. CAP. 50 AND IN THE MATTER Of EQUIPMENT TECHNICAL SERVICES (SINGAPORE) PTE. LTD. MEMBERS VOLUNTARY LIQUIDATION FINAL MEETING Notice is hereby given, in pursuance of Section 308 of the Companies Act. Cap 50. that the FINAL GENERAL MEETING of the members ot the above named Company will
      224 words
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      Page 21 Advertisements Column 4
      212 21 IN THE MATTER OF THE COMPANIES ACT. (CHAPTER 50) AND IN THE MATTER OF THE MARKETING STAFF (PTE) LTD (IN MEMBERS VOLUNTARY WINDING-UP) NOTICE OF FINAL MEETING NOTICE IS HERESY GIVEN that pursuant to Section 306 of the Companies Act, Chapter 50. that the Final General Meeting of the Company
      212 words
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      Page 21 Advertisements Column 5
      774 21 r National Westminster mw Bank PLC Head Office: 41 Lothbury bonbon EC2 England Singapore Branch: 50 Raffles Place, #OSOI, Shel It*** Singapore 0104. "Sal: ***** 44 Telex RS ***** Fax: *****27 Foreign E«hange Tel: *****77 Telex: RS ***** Consolidated Balance Sheet At 31 December 1988 Consolidated Profit and Loss Account
      774 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      96 22 For the life of your back. gap v :.*> v <<.*X i mjmm <f^T f." J f'- i***£ Comfortable elegance. Innovative design, ('.rafted to last. Dauphin office chairs. Chairs specifically designed for different functional purposes like waiting. supervising, typing at a computer terminal or conference sealing Backrests give you lumbar
      96 words
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      Page 22 Advertisements Column 2
      9 22 Th* harsh IN* In tha coal pita, PAQE 13
      9 words
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      Page 22 Advertisements Column 3
      237 22 Being far-sighted and strategic in our planning gives us another string in our bow. <2 v 1 -> v x. v.X v Staying on target as one of the world's top property consultants takes a steady hand, a careful eye and real strength of purpose. Our team of Achievers at
      237 words
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      Page 22 Advertisements Column 4
      0 22 '/_'=?|_{$^,>!\..?~+!|,'`^${*%;
      0 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon British dock strike weakening
        112 23 Reuter A DOCK STRIKE in the UK, now in its second week, is crumbling as more dockers at key ports prepare for a mass meeting which could end the national stoppage. Dock workers at 60 British ports had been striking in protest against the government's scrapping
        Reuter  -  112 words
      • Article
        Lock icon 'Go slow' may delay rice shipments
        74 23 Reuter RICE SHIPMENTS from Port Bin Qasim near Karachi may be delayed by a "go slow" action by some 5,000 loaders over wage claims. A spokesman for the Pakistani loaders said the state-run Rice Export Corporation of Pakistan Ltd had not implemented a 17
        Reuter  -  74 words
      • Article
        Lock icon Cotton damaged by heavy rain
        64 23 Reuter HEAVY RAIN last Sunday in Pakistan's biggest city of Karachi damaged cotton waiting for shipment in the port area, a member of the Karachi Cotton Association said. He did not give the estimate of the damage but said several thousand 375-pound bales had absorbed
        Reuter  -  64 words
      • Article
        Sulzer launches new subsidiary
        70 23 ENGINE MANUFACTURER Sulzer Brothers has pooled its diesel engine and diesel power plant divisions into a separate subsidiary company called MBS Diesel Engines Ltd. The new company takes charge of all Sulzer's existing diesel engine activities. While the new name strongly reflects the Swiss company's likely
        70 words
      • Article
        Backing for European freight event
        80 23 THE EUROPEAN COMMISSION has given its backing to Eurofreight, the first event of its kind to be devoted specifically to the challenges and opportunities which will be offered by the creation of the single European market in 1993. The Transport Commissioner at the European Commission,
        80 words
    • Article
      Container leased fleet to grow by 10pc
      143 23 THE WORLD'S container leased fleet will increase by 10 per cent this year, according to a report by the Institute of International Container Lessors (IICL). At the start of this year, the leasing fleet stood at about 2.35 million boxes. lICL members are
      143 words
    • Article
      Index to advertisers
      846 23 ABC Contoinerline XI 5 Accord Shpg VIII 3/4 A/row lines XI 5 ANl III 1/2 A PC I in* VII 5 API V 3-5 ASCI V 1 Australia lin« VII 1 Bait-Canada lino IX 4/5 Bolt-Orient Lin* IX 4/5 Baltic Orient Shpg XI 4 Bangladesh Shpg VII
      846 words
    • Article
      Conference on ship repair slated for October
      271 23 A CONFERENCE on "Ship Repair in the *****", endorsed by the Association of Singapore Marine Industries (ASMI). will be held in Singapore from Oct 16 to 18. The event will bring together key international and local market experts to discuss strategic issues and
      271 words
    • Article, Illustration
      Sembawang Bethlehem looking forward to broad-based growth
      361 23  -  PROFITS EXPECTED TO RISE TO BETWEEN $10M and $20M By RAHITA ELIAS SEMBAWANG BETHLEHEM (SemBeth) is gearing itself for broadbased growth, with profits expected to swell to between $10 million and $20 million this year. Genersl manager Tang Ying Kee says the subsidiary
      361 words
    • Article
      Lock icon HK company faces suit over tanker blast in Dubai
      376 23 AP THE DUBAI GOVERNMENT is to sue Atlas Shipping Management Co of Hongkong for both criminal negligence and civil damages following an explosion on board one of its tankers in the Dubai drydocks that killed one and injured 14. Lawyers in
      AP  -  376 words
    • Article
      Accordia to raise US$75m through issue
      288 23 ACCORDIA Maritime Corporation ia planning to raiee US$75 million in th« international market. Documents filed with the US Securities and Exchange Commission showed that the company would isaue shares at about US$l5 each, said a Lloyd's List report adding that some four million sharea
      288 words
    • Article, Illustration
      Versatility's the name of the game
      730 24  -  Semßeth banking on multi-pronged approach By RAHITA ELIAS "ENTERING the offshore rig market while it is in the doldrums prepares us for future downturns," says Mr Tang Ying Kee, Sembawang Bethlehem's (SemBeth) general manager in an interview with Shipping Times. Semßeth, which was acquired
      730 words
    • Article, Illustration
      Lock icon Soviet grain imports depending on weather and perestroika
      650 24 Fairplay SHIPMENTS of grain to the Soviet Union have been running at high levels during the first half of this year. Freight market activity has been greatly boosted, because chartered bulk carriers were needed to transport a large proportion of the cargo.
      Fairplay  -  650 words
    • Article
      Lock icon Tanker rates
      238 24 AFP OIL TANKER chartering activity in the Gulf states loading zone over the past week was much reduced after the previous week's flurry of fixings, and owners in the area were accepting lower rates. Meanwhile, London broker E A Gibson expects tanker rates to remain static in the
      AFP  -  238 words
    • Article
      Lock icon New strategies emerging in north-south trades
      512 24 Seatrade Business Review EASILY OVERLOOKED in the flurry of activity by the major operators as they stake their claims for the coming decade on the main east-west arteries of world trade are their poor relations the north-eouth trades. Several trades do provide good liftings
      Seatrade Business Review  -  512 words
    • Article
      Consortia
      160 24 THE MAJOR shipping consortia operating between the Far East/European, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (Far East/Europe): "K" Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line Cho Yang Shipping ANRO (StraM•/Australia): Australian National Line Australia/Straits Container Line Djakarta Lloyd Nedlloyd Lines
      160 words
    • Article
      Container schedules/ships in port
      1810 24 Ship RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Voy Arrival Transtalnor Schedule* Blk Date/Time Time From Time To Booking Goto Op Gdn Ad Gondiorov Al SkOMk An Fraaonria Anro Mtfcow Amoa Arthur M> INWoK B fwogo BH* Ocaon CK>I« MJ Contnam i Goik«r 1 loading
      1,810 words
    • Article
      Lock icon S Africa likely to see slowdown in container traffic
      365 25 The Journal of Commerce THE SEVERE ECONOMIC SQUEEZE introduced by the South African government in May spells a slowdown for inbound container shipping after a record year last year. The economic package brought in high interest rates the prime bank lending
      The Journal of Commerce  -  365 words
    • Article
      London Freights
      663 25 THE FIRST grain cargo from the US to China since start of the month was reported on Friday with 50,000 long tons covered from the Gulf at US$23, which was around $2 down from previously, brokers said. Rates appear to have stabilised for the time being with the
      663 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4431 32 AARtWS Proaper. Trtot, July 27(PK). Arthur Maerak, Maerak Line. July 27. Noraaia Sharjah. Noraaia Line. July 28 Kang Ho. China Oceen Shpg. July 28. Ming Proeperlty. Yang Ming. July 29 Ever Given. Evergreen, July 29. Ville de Mercure. CM D'Affretement. Aug 3.
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      25 23 ins Antobh at att good bookthop* Federal Publications For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      25 words
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      Page 23 Advertisements Column 2
      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 23 Advertisements Column 3
      376 23 "The Illustrated Encyclopedia of Wildlife" W'iUl I if <\ A Fortnightly at all good bookshops ff /iw news-stands 8m Pag* N ANRO now has two bigger. faster ships operating between South East Asa and Adelaide/Fremantie ANRO now has five ships operating between South East Asm and East Coast Australia ANRO
      376 words
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      Page 23 Advertisements Column 4
      113 23 Semßeth keeps options open GIVEN the cyclical nature of the offshore rig market, Semßeth has ensured that it is 'not a one-product yard'. Instead it stands on three 'legs' offshore as well as marine and onshore engineering. North-south trades reviewed EASILY OVERLOOKED in the flurry of activity by the major
      113 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1419 25 OOCL Dodicatt'd fo St'^vict' WW [§gj Jardines JARDINE SHIPPING AGENCIES JOO Cantonment #12 OS Soufhpemt S'lgJtV'f O.W Tel 22\X\\ IE lE* NO RS ***** TERMINAL CfS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL *****18 Tele. No MAJ9477 MA***** PENANG TEL *****4
      1,419 words
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      Page 25 Advertisements Column 2
      1076 25 DESTINATIONS p orl "Pen ang H«l«ng MARIT M LICA M MARC HEN M LEISE M MARGRETHE M METTE M LARS M REGINA M In Pt xn t/8 21 ft/8 9/8 151 16.8 22/8 23/8 29/8 30/8 5/9 6/9 12/9 13/9 Th* Mtt Merit M 8808 Cloeing Time CY 24/7 2300
      1,076 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      836 26 Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT P KELANG SOUTHAMPTON 28/7 HAMBURG BREMERHAVEN ROTTERDAM/ ANTWERP PROSPER OSAKA BAY TOLAGA BAY FRANKFURT EXPRESS HEIOELBERG EXPRESS KOWLOON BAY ALASKA MARU MONTE ROSA ALSO ACCEPTING CARGO TO: ALL UK INLAND DESTINATIONS, BELFAST. DUBLIN. COPENHAGEN. AARHUS. GOTHENBURG. MALMO. HELSINKI. OSLO. AMSTERDAM, CARIBBEAN S. AMERICA CONTAINER SERVICE
      836 words
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      Page 26 Advertisements Column 2
      383 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE Of HAMBURG SUDI EXPRESS SEMI CONTAINER SERVICE TO (ASIA-SOUTH PACIFIC JOINT SERVICE) SPORE MORAYBANK VIIS IN PT Port Moresby, Lae. Rabaul, K i m COLUMBUS NIUGINI VSS 10 8 Port Moresby, Lae, Rabaul, Accepting LCL cargo (or main ports discharge and also to Wewak,
      383 words
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      Page 26 Advertisements Column 3
      847 26 TO EUROPE (VIA FEEDER) Nnoacia cuad lAu .0,0, SJN FLX HAM BRE ROT ANT LEH hoSSUa hB v s as *8 is ZSV« L S*." soo A BS3 !!1 NORTH SEA WW lf/8 17/1 18/8 12/9 14/9 15/9 l(/9 17/9 11/9 Art«i^R&S& t0 UK D#,tinationv Scand,M¥,,n Copanhajtn, Gothenburg) and other
      847 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      761 27 Steamers Maritime Holdings Ltd P&0 Containers STRAITSJS HIPPING CONTAINER SERVICE TO UK CONTINENT PfCASUS PROGRESS WSN ROTA BABAR V3M PEGASUS PIONEER V4IN HAI MX ¥J7N BANGKOK BORNEO A6ENCIES LTD. BANGKOK TEL *****80 CONTAINERSHIP SERVICE FROM UK CONTINENT P.Klat Spn n* TSMNHPtRrrr up op *P W BP V bb a* MR
      761 words
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      Page 27 Advertisements Column 2
      805 27 YANG LINE WEEKLY UPRESS INDEPENDENT FAR EAST EUROPE FUIIT CONTAINERISED SERVICE ME ax M am V It a* 3/» 44 Wl 114 If Intend UK dadHUtiora Antwtrp mi Scandinavian ports. ll&ikldhU CHOYANG CHANCE MS H0 HANJIN HASAN MM 7/1 HANJIN LEMARVE MK 140 QUEEN SWAY MIME WE OJt U| Nr
      805 words
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      Page 27 Advertisements Column 3
      254 27 l/L Hui Sun Hup Co (Pti l td IMLintermaritime SOUTHERN AFRICA SERVICE DIRECT MONTHLY BAMJMQB KK SPORE PK DM CT MIIK FIOW W SM kPI V 120 UN ■L Mr a* 111 u w mnr im tpt itm am m m.nr vu wu mi mi vu 'Mm call* LI A
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      614 28 HX SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES '■M.'l < <TT n Singapore Loading for: IRAN TEYFOURI PJL7Q7 SID KYOWA LINE MTOOOUCMQ KYOWA FAST DIRECT B/BULK/COMTAMCR SERVICE FROM 3'PORE/PK TO QUAM/SAPAN AND mCROWCSIA PORTS* ETA SPORE LOAD FOR:- SPARKLE' ETA AUG '88 GUAM, SAIPAN ANO MICRONESIA PORTS*
      614 words
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      Page 28 Advertisements Column 2
      501 28 VM HOEUROP^^UET HANIIN SHIPPING FULL CONTAINER SERVICE TO USA PACIFIC SOUTH WEST CHOTANC SUCCESS WW HANJIN TONC HA£ MM HANJIN ROTTER DAM WW FtlDti VS. CMOYANC QIAIICt TO FAR EAST PORTS FROM EUROPE VIA SUEZ SIN LINE im m TO PACIFIC NORTii WEST CANADA SIN LINE NAM n/7 H CARRIER
      501 words
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      Page 28 Advertisements Column 3
      205 28 INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71. Tamon Tun Or. tomaN, MOM KL Tol: 71 ft 734, ******4, *****2 C TLX. NO. MA-J7W3 FAX: OS-*****11 Ponang Off; Tol: *****7. *****2 accepting cargoes for the following ports LOADING FOR SYO. MELB ADE BRIS FREM LE HVE. HBG BREMEN R DAM GENOA
      205 words
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      Page 28 Advertisements Column 4
      639 28 n EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) Round- T he-World West Bound (FE/EURO/USEC/CARIB/FEI VESSEL EVER OVEN EVER GALLANT EVER GLEARTY EVER CL OWING EVER GLEEFUL MJO ACCEPTING SCP JED HBG OX RDM AM LNV NT am am nm nm nm am m s ss ss as ss s dp—SS S S
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      658 29 s \Vfi3l FAR EAST MAJAPAMT QOWA 1 JAKARTA PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES VOY SIN JKT MY VOY HKQ KAO KEE VOK NQO ISM M SM SM 14NB 88/7 W7 SW7 2/1 S/S 41M WT SI/7 2/1 4MB M 14/8
      658 words
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      Page 29 Advertisements Column 2
      329 29 m BEN UN E CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT i;* m m www EXPRESS CONTAINER SERVICE FROM UK/CONTINENT y TASMAN ASIA SHIPPING ii; J SHIPPING otfice u. mwl roao pte i rn tmL PTt LTD SINCAPOKI KM PSST THE SECRET IS OUT! cJL-. HE SHIPPED WITH FREIGHT MANAGEMENT Call
      329 words
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      Page 29 Advertisements Column 3
      270 29 DJASAGETRI A Joint Europe Sorvtoo Of: p.t. BMum um p.t. mm am ft i I: fl I.MMTAMfIMt iron Aimur CONTAtNOrtSU CARGO) (ACCOTIW6 OOHVUtTKMAL AMO CONTAINCttSEO CAMO) ■A J wywwJhy fi'*!:" '.I'm "t i'4jiV '\V'«. ■■'ni.'.'il 1 DJAKARTA LLOYD A MEMBER OF ANRO) t: DJAKARTA LLOYD IN! V .lAN NA f
      270 words
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      Page 29 Advertisements Column 4
      252 29 BOUSTEAD SHIPPING (3 EE N C MVOMAYWA NTMKVWA VMM MPA-AR VM2 CLYDEBANK VMM 12/1 11/ l 21/1 TAMAITAI SAMOA VIM 20/9 17/10 21/ M 2500 MYANMA.. FIVE STAR UNE (Burmese National Una) Loading for Rangoon S port P.Kaiang Ptnanf Bm uw ass la«M THE BANK LINE SPOKE ROAM ■ORAYOANK VIIS
      252 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      860 30 RAINBOW BRIDGE OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP Kline KAWASAKI K1 Si N KAISHA. L ID. N. AMERICA-ATLANTIC COAST VOY 'IN DO 19 24/7 'PK/PNG SCP RAINBOW BRIDGE OOCL FREEOOM OOCL FAITH OOCL FRIENDSHIP Feeder vessel RAINBOW BRIDGE OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP VOY LB IS 17 4 N.
      860 words
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      Page 30 Advertisements Column 2
      444 30 EXPRESS CONTAINER SERVICE Accepting FCUFCL Contatners INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers and Convsntionai Cargo Also accepts Metals Stool Products JALATAft V.C-4 ■UOftAfl V S S My July M Juty »Aaf MMNaf*a/T« U.S.A. SERVICE Accepting FCL Contalnor* and Conventional Cargo JALAGOPAI V.C-2 SM| ITALY/MEDITERRANEAN SERVICE Accopting Timber/Breafctou* also FCL Containers Ah*
      444 words
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      Page 30 Advertisements Column 3
      402 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 21 T*t*t St'»*( SINCAHMC MM TIL U(IM (M LIMIS) fai U4»0» STRAITS/PERSIAN GULF SERVICE: S"por. P. COL KM HAVEN CaMa/KaracMM* 2/3 '"T* l fIOLOEN *EA« MmMKotcMMm M(U AagMt CHINA SERVICE BAI TUN SHAN I CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S REPUBLIC OF
      402 words
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      Page 30 Advertisements Column 4
      455 30 PHILI-ORIENT LINES PTE LTD HftD i'i i a" B iNSCSRCAC ,M Pot. D Sis ap Rf T f I R s PHiJ FA« 2.' EAST/FAB EAST Fa ft ETA SINGAPOftE KSTINATION *UH I. CENLORO Vf(Ml 77T [AST/WEST KMC I MM. Ftt ft LCI BCIRA. TMMTAVt P. SUDAN. REUNION, TAR6A. P.
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1206 31 Agents S pore G*n*ra< Bookings Enquires FE EU/AUST *****77 *****53 *****19 *****11 (CR NO. **********0E) NEPTUNE AGENCKS PTE. LTD. k NEPTUNE ORIENT LINES LTD KMC SIM BW r P»njn« J Bafcru *****? 23W0 *****0 23W1 *****1 *****2 EXPORT IMPORT TO-EUROPE UK (VIA SUEZ) FROM EUROPE/ UK (VIA SUEZ) FDR VSL/VOY
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      Page 31 Advertisements Column 2
      1007 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: ?M241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P. KELAMC MESSRS HAI THONC SNIPPING 127 Pnw Strwt. P«n»nt M#Uyw Cabin: JAYAPOH PENANG. T1 8229*4 5229
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      211 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 Lutes) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAD r DSR-LINES l /EB DEUTFRACHTSEEREEDERE ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND 0. GROTEWOHL &/19 FAHRLAND VM9 W. ULBRICMT
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      Page 32 Advertisements Column 2
      12 32 PORT KLANG AGENT INTEGRATED FORWARDING SHIPPING SDN BHD. TEL: *****04 FAX: *****49
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      Page 32 Advertisements Column 3
      226 32 ItCOREGIONAL CONTAINER LINE ASEAN PORTS BANGKOK 5 SAILINGS A WEEK Neow Hock Agency Co Ltd BKK (Tel: 28 SONGKHLA' -1 sailing a week Hock Aaency Co Ltd Skla (Tel: *****4) Ui P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel: ******) PENANG 2 SAILINGS A WEEK DASWANI Sdn Bhd
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  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      164 32 ts a Regional Weather s* m v t *YI I 3® sH s ft «w~ I BC it'* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 25.1M9 R Thund.rMom, c A\ X W«oth«r Wmd drtction with speed in knot* Rom Cloudy Sk, Wo h Swrtoce winds or# ind«ot«d by
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      685 33 UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 Q IRAQI LINE IRAQI STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR 3/8 Iraq/Japan THROUGH B/Lt to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA BAGHDAD REEFER SPACE AVAILABLE UPTO AQABA LOADING CONTAINERS/CONVENTIONAL CGO
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      Page 33 Advertisements Column 2
      345 33 t I SI RICHFIELD MARINE AGENCIES (S) PTE LTD TEL *****33 (10 L.nefc) FAX *****1 5 I TELEX RS ***** HISMIP (3 Lines! (NxhAOtt I KM of MMoplft) ACCEPTING FCL AND CONVENTIONAL ABBAY WONZ SM DARESSALAAM MOMBASA. DJIBOUTI VOV 301 MB ASSAB MASSAWA MOOCIOAH NET SANE T XVS DARESSALAAM MOMBASA
      345 words
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      Page 33 Advertisements Column 3
      705 33 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK 28/7 BUSAN 31/7 BOMBAY 28/7 COLOMBO 28/7 HONGKONG 28/7 MUARA/LABUAN/KK 26/7 KUCHING/SIBU 27/7 TOKYO/YOKO/KOBE 2/8 LE HAVRE/HAMBURG 29/7 FELIXSTOWE/R'DAM 29/7 KEELUNG/KAOSHIUNG 30/7 FREMANTLE 27/7 SYDNEY/MELBOURNE 27/7 DURBAN 2/8 m v CRYSTAL FREIGH suncu pit in TEL *****11/*****22
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      Page 33 Advertisements Column 4
      248 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE msm «w mt m. m tw m go CALABAR V2N »P 02* P. STAROSTIN VAI2SW 2S/7 02/1 LEUVE wuo ap 3* OCEAN STRENGTH VISA 20/7 OM SUSAK V74N 31/7 OM EQUATOR PRIM VOBH OM LEUVE VWOO OM 11* 13/1 TIGER BAT
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      Page 33 Advertisements Column 5
      133 33 J&FARGO SHIPPING Tel: QISS EwmmmmKLUL. jp_. REGULAR EXPRESS FCL ICI SERVICF M DESTINATION ETA SINGAPORE M. <• JARU BHUM PIYA BHUM SILVER EXPRESS 4SN 30(7 ISSN 21/7 4N S/7 PORT KELANG (Fa ONLY) HONG KONG KEELUNG, KAOHSIUNG JAKARTA (FCL ONLY) TOKYO, KOBE, BUSAN <FCL ONLY) KARACHI, BOMBAY, COLOMBO (FCL ONLY)
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
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      Page 34 Advertisements Column 2
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      Page 34 Advertisements Column 3
      431 34 M? jlf Mitsui O.S.K. Lines. JLtd I CUNNECTING AT EXPORTS TO PSW TO uOUBIF STACK TRANS ET A i—rTrrnßci i' 'i 'i/.' "—n iein i i jmpn Bropn l^mgan MIWATO* CLOKY ALLIGATOR VICTMY ALLIGATOR HOH ALLOCATOR TRIUWM ALLIGATOR FOR TUNC ALLIGATOR PRIDt miy g ii—i tj U—2 MLMUM UM LM
      431 words