The Business Times, 4 August 1989

Microfilm: NL16694
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, AUGUST 4, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    227 1 Dow Jones down THE US stock market headed lower yesterday, following through on Wednesday's advance. The Dow Jones average of 30 industrials dropped 3.04 to 2,654.40 in the first hour of trading. AP Footsie down LONDON share prices were slightly lower at midday yesterday, as the early
    227 words
  • Article, Illustration
    HK market crosses 2,600 mark
    199 1 WHILE the Hongkong bourse made strong gains to close firmly yesterday, share prices in Japan were broadly lower. The Hang Seng Index surged through the psychologically-important 2,600 barrier within minutes of the open, to close 51.75 points higher at 2,634.58. In Tokyo, trading in speculative
    199 words
  • Article
    Lock icon US key economic index falls
    137 1 Reuter THE US government's main economic forecasting gauge, the index of leading indicators, declined 0.1 per cent in June after a sharp 1.3 per cent fall in May, the Commerce Department said yesterday. The index, designed to reveal the direction of the economy in the
    Reuter  -  137 words
  • Article
    Hongkong TV crew to make documentaries on S'pore
    343 1  -  By MARTIN SOONG A HONGKONG television crew is here on a two-week assignment to document the social and economic life of Singapore, an island which is becoming increasingly attractive as a new home for many of the colony's residents following the government's
    343 words
  • Article, Illustration
    Hotels cut back on tour bookings
    572 1  -  BUSINESS TRAVELLERS PREFERRED AS OCCUPANCY RATES RISE By SANGEETA MULCHAND CASHING IN on high occupancy rates, many hotels are turning away from tour operators and their low-margin block bookings in favour of business travellers. As existing contracts with tour operators come up for renewal,
    572 words
  • Article
    Lock icon Asean disappointed with outcome of Paris talks: Mahathir
    333 1 Reuter, Bernama THE SIX Asean countries are disappointed at the outcome of an international peace conference in Paris but will continue to work for a settlement, Malaysian Prime Minister Datuk Seri Or Mahathir Mohamad said yeeterday. "We are a little diaappointed. Everybody
    Reuter,; Bernama  -  333 words
  • Article
    PM in talks with Asean heads
    356 1 THE IMPROVED economic situation in the Philippines and elections in Cembodie were among the topics discussed by Prime Minister Lee Kuan Yew with other Asean leaders while in Brunei over the last three days. Mr Lee said his talks with Philippine President Corazon Aquino
    356 words
  • Article
    Lock icon Chatichai arrives in KL
    112 1 Bernama THAI Prime Minister Chattchai Choonhaven arrived in Kuele Lumpur yesterday night for a three-day working visit to Malaysia. He and his wife, Boonruen, flew in from Bandar Seri Begawan after attending a ceremony marking the coming of age of the eldest son of the Sultan
    Bernama  -  112 words
  • Article
    Lock icon Midland Bank posts US$825m interim loss
    150 1 AFP MIDLAND BANK has announced a £531 million (US$B25 million) loss for the first six months of this year, attributed to provisions against bad debts. It posted pre-tax profit of £313 million (US$5l6 million) for the first six months of last year. Midland, the
    AFP  -  150 words
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      139 1 HIT j > V **W I:I )i:- I I I i! mmmim n m r: illJ J V, "5 »> v 4- L P SFr And you can reap the rewards for as little as SSIO.OOO Citibank puts the world's major currencies at your fingertips CITIOONE Yes. I would like
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      202 1 Full report, PAGE 16 Regional mkts, PAGE It World mkts, RAGE 19 mimim Editorial Comment 10 No rushing, please Potex Enterprises Close to $7m deal Keppel Group 3 Towards a change in corporate culture Japanese car Industry 4 At odds with govt to meet demand US military spending 5 Senate
      202 words
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      3 1 Leader, PAGE 10
      3 words
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      Page 1 Advertisements Column 4
      273 1 Quadruple Zoom+Auto TWo-Cokx. Jmo^ :v •••>>" Sailing smoothly j NEPTUNE Orient Lines Ltd has expanded its shipping fleet and put its financial house in order. The group expects its 1909 results to b« as good or better than its record 1968 results. in sn exclusive interview with BT, NOL executive
      273 words
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  • HOME NEWS
    • Article
      Local company Potex close to $7m contract in Pakistan
      447 2  -  BUILDING OF SANITARY WARE FACTORY By SHOEB KAGDA SINGAPORE COMPANY is cleee to clinching a $7 million contract to build a factory In Pakistan which will manufacture sanitary ware. Potex Enterpriaes and the Middle East Finance and Trading, the company which
      447 words
    • Article
      Sisir wants your comments
      127 2 TfiE SINGAPORE Institute of Stymddrda and Industrial Research is inviting feedback on three new specifications on the standard of goods. Comment is afro invited from the public on an existing Singapore Standard. The new standards relate to: e specification for algal res&tant emulsion psint for decorative
      127 words
    • Article
      More flights for Cathay Pacific
      66 2 CATHAY PACIFIC Airways Ltd of Hongkong said it will introduce three additional non-stop turnaround servicee weekly between the British colony and Singapore. They begin from Oct 5. The additional servicee will increase Cathay's total number of flights on the Hongkong-Sin-gapore route to 17 a week.
      66 words
    • Article
      Datapro Research sets up subsidiary here
      517 2  -  By JEFFREY TSANG THE information technology (IT) industry is there to help information flow freely. But IT also needs information about itself. Which is why Datapro Research, a McGraw-Hill company, haa set up a subsidiary in the Republic. The local company, based at Dapenso
      517 words
    • Article
      Upper limit for money orders to five countries raised
      241 2 THE UPPER LIMIT for money ord«rs to five countries has been raised sines Tuesday. According to a recent Singapore Telecom statement, money orders to and from Indonesia sre now in Singapore currency. The five countries are: Auetralia, from Asloo to A$1,000;
      241 words
    • Article, Illustration
      Coined for wild life
      271 2 THE Singapore Zoological Garden# yesterday received a $15,000 cheque from a programme that is aimed at preeerving wild life in China. Under the China Rare Animals Protection Commemorative Colne Programme. the China Mint Company produces noncurrency gold and silver coins with endangered animals emboesed on them
      271 words
    • Article
      Regional trade promotion organisations urge coordination of shows
      440 2  -  By WALTON MORAIS THE TIMING of trade shows should be property coordinated to attract more buyers to the region, said the trsde promotion organisations of Asia. In a 13-point communique issued yesterday, delegations to the Third Asian Trsde Promotion Forum said there
      440 words
    • Article
      MEMO-PAD
      833 2 Seminars and courses Aug 7-6 Effective Negotiotion Skills Hilton Hotel MMS Consultancy *****33 Aug 10-12 Aug 11 Aug 11' Aug 11 Aug 14 Aug 14-15 Aug 14 15 Aug 16 Confucius to Oz Morginol Costing Technique and Contribution Concept In Decision Making Successful Communication Skills Investment Opportunities in Malaysia
      833 words
    • Article
      Immigration ruling to feature in Parliament
      273 3 THE RECENT relaxation of immigration rules aimed at attracting Hongkonger* as well as people from elsewhere is behind s number of questions to be rsised in Parliament today. Dr Arthur Bang (Fengshan) will be asking Home Affairs Minister Prof S Jayakumar if a review
      273 words
    • Article, Illustration
      Keppel working towards change in corporate culture
      514 3  -  ■y KEVIN GWEE THE KEPPEL GROUP has come of age and the management is now working towards further strengthening the group snd pfenning for the future. Speaking at the group's 21st snniversary dinner and dance laat night, executive chairman Sim Kee Boon said
      514 words
    • Article, Illustration
      Sembawang wins $40m contract
      434 3  -  Job entails converting a crude carrier into an FPSO vessel By RAHITA ELIAS LEADING ahiprepairer Sembawang Shipyard has baan awardad its largaat singla contract a $40 million conversion projact from a major offahore group, tha ACT Operators Qroup (ACT 00). Sembawang will convert a very large
      434 words
    • Article, Illustration
      MRT eastern line to start operating on Nov 18
      277 3 RESIDENTS living along the MAT line from Bugis Street to Tanah Merah can expect an early Christmas present this year. According to the Minister for Communications and Information, Dr Yeo Ning Hong, the Maaa Rapid Tranalt system's eastern line will be
      277 words
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      329 3 Even the fruits of number-crunching Q m > can now be more appetising. Because information captured in f J f is visually arresting. f I 1 I V I M M It highlights vital data and delivers I I 111 greater impact. Jl And now you can afford ta m
      329 words
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  • FOREIGN NEWS
    • Article
      Lock icon Taiwanese team on buying trip
      283 4 AFP A HIGH-POWERED Taiwanese business delegation is to visit Western Europe next month on a buying miaaion aimed at promoting imports from the region, a Taiwanese Board of Foreign Trade official said. The official said the delegation would include representatives of more than 60 companiea
      AFP  -  283 words
    • Article, Illustration
      Lock icon Japanese car industry at odds with govt to meet demand
      696 4 AFP JAPANESE car producers appear headed for a showdown with their government in tha next few months o/er the industry's plana to booat capacity to meet booming domestic demand, offlciele and industry sourcea say. Several producers are already operating at
      AFP  -  696 words
    • Article
      Lock icon Chinese trade team to visit India next month
      426 4 NYT WHILE most countries ars shunning Chins, Sino-lndl-sn re Ist ions have improved markedly for the first time since the border war of 1982 with a big effort by both countries to increase their economic contacts. A trade delegation led by Zheng
      NYT  -  426 words
    • Article
      Lock icon Pakistan and Bangladesh pledge to expand trade
      270 4 AFP A MEETING of a joint Pakistani-Bangla-desh commission has ended In Dhaka with a pledge to expand trade, which since 1917 has been in Islamabad's favour by aome US$5O million. Bangiadeeh Commerce Minieter Abdue Sattar said at the end of the third Bangladeeh-Pakistan
      AFP  -  270 words
    • Article
      Lock icon Argentina lifts ban on UK imports
      243 4 Reuter BRITAIN and Argentina could hold direct talks this menti following Argentine's dadaion to lift a ban on British Imports impOMi after the 1982 Falklande War. The tmo oounblee were moving cioeer together ftan 81 any time since Britain defeated invading Argentine forces on
      Reuter  -  243 words
    • Article
      Lock icon Douglas wins back NZ cabinet seat
      198 4 Reuter FIRED Finance Minister Roger Douglas forced his way back into the New Zealand government yesterday but his srchrivsl. Prime Minister Dsvid Lange, vowed to freeze him out of any economic decision making. Mr Douglaa, who masterminded the Labour government's radical economic reforms, won
      Reuter  -  198 words
    • Article
      Lock icon LDP calls for a two-party system
      292 4 Reuter THE RULING Liberal Democratic Party'a loaa of power for the first time in Japan's Upper House haa led one of its leaders to call tor a true two-party system. "It would be most desirable to have two conaervativa parties," Secretary General Ryutaro Haahimoto
      Reuter  -  292 words
    • Article
      Lock icon Zhao blamed for China's budget deficits
      169 4 Reuter CHINA'S Financa Miniater blamed depoeed Communist Party laadsr Zheo Ziyang tor yeers of budget deficits and other aconomic policy mistakes, adding to the already long list of errors he la aaid to have committed. The Economic Dmily published a aigned article by Wang
      Reuter  -  169 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1047 4 ARRIVALS Operator J#TY>Cf numbar Local Urn From SU CPA SWR MAS GU su MA QFA SAS SU GU THA SU SU GU SU TtY MAS SAB SU su su FM SU MAS SU su KIM THA SU GU RJA SU MAS THA CPA MAS PAS MAS MAS
      1,047 words
    • Article
      Lock icon Latin America condemns US trade law
      200 5 Reuter TWENTY-SIX Latin American and Caribbean nations rejected and condemned unilateral sanctions contemplated in the 1988 US trade law. The statement, issued on the final day of a ministerial meeting of the 26-natk>n Latin American Economic System (Sela), said the trade law's provisions for
      Reuter  -  200 words
    • Article, Illustration
      Lock icon Muslim militants warn Washington of all-out war
      541 5 Reuter MUSLIM militants have threatened to launch an all-out war against Wsshington if its warships take military action in retaliation against the reported killing of a US hostage in Lebanon. "There will be no limits whatsoever to our reprisals," Sheikh Abbas Musawi, a
      Reuter  -  541 words
    • Article
      Lock icon Job growth a priority for Ireland, says OECD report
      272 5 AFP IRELAND must make lasting job growth its economic priority, the Organiaation for Economic Cooperation and Development (OECD) reported yeaterday, welcoming an otherwise "remarkable improvement" in short-term economic prospects. In their latest study, OECD analysts say Ireland's annual rate of growth
      AFP  -  272 words
    • Article
      Lock icon Lower inflation expected in W Germany next year
      166 5 Reuter INFLATIONARY preeauree in Wnt Germany should soften next year as demand for Its exports weaken and import prices rise more slowly than thia year. The HWWA economic research institute said a key to 1980 would be the development of demand. Tighter
      Reuter  -  166 words
    • Article
      Lock icon Seoul trade surplus down from year-ago level
      210 5 AP SOUTH KOREA poeted a trade surplus of US$lO3 million In July, the la/goet in seven monthe but far below that of US$7OB million posted in the same month last year. The South Korean Trade and Industry Ministry reported on Wednesday that trade
      AP  -  210 words
    • Article
      Lock icon Moscow wants to buy US$500m S Korean goods
      129 5 AFP THE Soviet Union is seeking to import some US$5OO million worth of daily neceeeittee from South Korea to help eaae Its supply shortsgsa, according to a leading South Korean Induetrtalist Chung Ju-Young, upon returning from a week-long trip to the Soviet
      AFP  -  129 words
    • Article
      Lock icon KAL to appeal against misconduct ruling
      345 5 Reuter KOREAN Air Lines will fight a US court ruling that the crew'a wilful misconduct caused one of its planee to stray into Soviet sirspece in 1983 where it wss shot down with the loss of all 289 aboard. KAL apokeaman Lee Taek-Young said
      Reuter  -  345 words
    • Article
      Lock icon US Senate votes for cuts in troops if allies trim theirs
      428 5 PUSH ALSO FOR GRADUAL FORCE REDUCTIONS IN SEOUL Reuter THE US Senate voted on Wednesday to require US troop cuts in Europe if Nato allies cut their forcee and to order a study of grsdusl US force reductions in
      Reuter  -  428 words
    • Article
      Lock icon US factory orders rebounded in June
      315 5 Reuter US FACTORY orders rose 0.4 per cent in June after falling a sharp 2.6 per cent in May, the Commerce Department said. The June rate reflected rising orders for fabricated metals, machinee and electrical products, the department said. This was offset by falling
      Reuter  -  315 words
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      59 4 VERY IMPORTANT PUBLIC AUCTION Collectors items 70 pieces of fmr authentic and genuine hand knotted PERSIAN, RUSSIAN ORIENTAL CARPETS from 70 different tribes villages and cities SUNDAY, 6th AUGUST 1989. Viewing from 10am onwards. Auction starts 12.30pm sharp Venue: Omni Marco Polo Hotel Tanglin Room, 2nd levol Aii visitors end
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      Page 4 Advertisements Column 2
      41 4 The butinen penon's choice ever* Tuodn, Thunday Saturday tad Sunday Lay in* Chmm Airport $t 22:05 Houn and aiii»tu| at Later L Farm International Airport the juMtmrnf day. CjII your Tmtl Ago* or Air Cmdi 7UUU. A BREATH OF FRESH AIR
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      121 4 Global tomparaturaa on Aug 2 OUTLOOK: tlloworo ro 19/13 dowdy 34/21 Ooor IS/07 Clowdy 42/32 Ooor 34/27 Ooor uncrv 30/23 door 33/23 Ooor It/12 Clowdy Kiport for 24 Hours to 7 Jopm on Aug 3 of #w Cairo C«dfory Chicago Cop'Hogon Jo'bwrg Wov K Lumpur Lima Lisbon London Los Awgolos
      121 words
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      210 5 DEYVAR'S IPROFILE: S f PEDRO JUEZ »Mlv Spain. At iK Js. IMN >KKSSI< >\ Fly intf instriu tor since 18 years of atje. Twice Spain 's hainpion for nli<ling ('S<> 'S7) lIOHI'-V: "To fl\ ll> fly Either with motor, wit h« >i it it. in .1 balloon, in an airship
      210 words
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  • COMMODITIES
    • Article
      Lock icon Cocoa prices soar on rumours of buying of Ivory Coast's crop
      330 6 FUTURES PRICES HIT ONE-YEAR HIGH FT COCOA futures prices leapt on Wednesday to the highest level since August last year as strong rumours circulated that Philipp Brothers, the big US trade house, had bought 500,000 tonnes of the Ivory
      FT  -  330 words
    • Article, Illustration
      Lock icon Opec president sees higher Brent price
      434 6 Reuter OPEC preeident Rilwanu Lukman said on Wednesday the price of North Sea Brent crude oil could be back up to at least US$lB a barrel later this year if oil output stayed stable. The current price is U5516.50, down from as much as
      Reuter  -  434 words
    • Article
      Lock icon Egypt cuts prices for its crude oil
      103 6 Reuter EGYPT has cut prices for Ms crude oil by US$l.25 s barrel for all grades from Aug 1, a spokesman for the stale owned Egyptian General Petroleum Corporation (EGPC) said. He said the top Suez and Raa Bahar blends would now sell
      Reuter  -  103 words
    • Article
      Lock icon China expected to be net importer of rice
      175 6 AFP THE US DEPARTMENT of Agriculture is predicting that Chine will, for the first time in recent history, become e net importer of rice, end help to push the globel rice market to a record high this year. In a report released
      AFP  -  175 words
    • Article
      Lock icon Land acquired for M'sian gas pipeline
      302 6 Bernama A TOTAL OF 2.451.84 hectare* of land have been acquired tor the gas pipeline transmission network under Stage II of Malaysia's Peninsular Qaa Utilisation Project (PGU II). Petronas' monthly magazine Nads Petronas says about 47 per cent of the land area is over
      Bernama  -  302 words
    • Article
      Lock icon CBOT trading volume down 5.5pc in July
      111 6 Reuter TRADING VOLUME in July at the Chicago Board of Trad* (CBOT) fall 5.5 par cant to 10,901,942 contracts from 11,017,074 in July. 1900. Agricultural product activity alippad by 20.3 par cant and metals futures trading dropped 01.9 per cent in July compared
      Reuter  -  111 words
    • Article
      Lock icon LME to discuss trading in metal index contract
      343 6 Reuter THE LONDON METAL EXCHANGE (LME) will discuss the introduction of trsding in sn .over-the-counter metal futures contract by West Germany's Metal Igesellschaft next week, LME chief executive Michael Brown said. "I suppose you could say we sre taking an initially neutral
      Reuter  -  343 words
    • Article
      Lock icon New chemical could boost PNG's cocoa crop by 30pc
      247 6 AFP PAPUA NEW GUINEA has developed a new chemical which could boost the country's cocoa yield by 30 per cent, scientists said in Port Moresby on Tuesday. Pioneer developer Roger Middleton said the chemical, which attacks cocoa diseases such as blackpod
      AFP  -  247 words
    • Article
      Lock icon Africa seeks scheme to stabilise commodity prices
      489 6 Reuter THE ORGANISATION of African Unity (OAU) endorsed a report calling for the introduction of a scheme to stabilise world commodity prices at its recent summit. This would include a proposed price band designed to provide stable pricea with guaranteed floor levels for
      Reuter  -  489 words
    • Article
      RAS
      168 6 RAS prices MtaAfrFO in bate) 1 NOON CLOSE Inr 1 RSS fro* V* 177.00 178.00N W7»' > 175.25 176.25N tat 1 RSS Sap 176-50 177 JO ***** ***** tat 1 RSS Oct 178.00 179.00 176.25 177.25 tat 2 RSS Of 174.50 176J0N 17X00 175.00N tat 3 RSS Of 170-50
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    • Article
      SSR
      25 6 SETTEMia 1989 OCTOiH 1989 (currant month) (forward month) RAS NOON NOON g-M SSI 30 150.50 152-50N 151.50 153J0W sst SO )4*J0 150.50N 149.50 1S1-S0N
      25 words
    • Article
      Precious Metals
      343 6 HONGKONG: Gold cioaed slightly firmer yeeterday in moderate two--way trading that followed US dollar movements cloeely, dealers said. They said the Middle Eaat hostage criais encouraged short-covering, particularly by Japanese. Australian and Singaporean investors. Bullion ended at U*****.00/370.30 an ounce against an initial U*****.50/90 and New York's US$3O9
      343 words
    • Article
      Rubber
      150 6 SMGAPORE: Rubber prices closed easier, with September 1 RSS buyer quoted at 174.75 cents a kg, down 1.75 cents from Wednesday's close. Dealers said prices eased in the afternoon after falls in Japanese markets and stop-loss selling. Trading was moderate. On the TSR-20 Award market, prices closed easier on
      150 words
    • Article
      Palm Oil
      30 6 KTIfj Now 277 OWi MO FO# (USS/Mmm) S*p/Oc» 285* No»/D« 287.50dT HO Porom M'ria GF tlHrd— (USS/toww) Sap/No* 2<)5^ Pc*« kanwl ofl OF (USS/Mmw) S*p/Oe» 437JO# Oc»/W 437.$0»J»
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    • Article
      Lock icon Crude Oil and Products
      143 6 Telerate THE main market focus gradually shifted from Ist-half August to 2ndhalf August. However, few buyers were in the market and most quoted market-related prices. Sellers were reportedly at $90-1 mt fob Sing for 2nd-half Aug CST-180 The spread between CST-180 and CST-3so has narrowed by
      Telerate  -  143 words
    • Article
      Lock icon Wheat
      215 6 Reuter CBT SOFT RED winter futures closed higher in nearby contracts on Wednesday, with late trading light as many participants left the pit early to await news of possible federal Indictments at 1400 COT, floor sources said. Although the indictments were expected to focus on the soybean and financial
      Reuter  -  215 words
    • Article
      Produce Prices
      161 6 Chinese Produce Exchange block FOB NLW Lampong block FOB Asta NIW 407J0(N) 407_50<N) 100% 1 •> ckm 100% 2nd do* 100% 3rd dam 410 3M :3 345 M0 347 34) 337 Setters' noon dosing prices on August 3 (SI/100 kg) Coffee 230.00 180.00 s% 10% 15% 20% Coconut
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    • Article
      London markets
      84 6 3-month) 9550/9580 (9660/9665! 9640 (9655) Ton*: SoW*. (784) Load Cosh i i 418J?/41* (415/4161 3-rnomhj 412-5/413 (406/409) inlinurt JWTTWTWni 41 (418) Ton* Sol** 0617) Zinc High Gr«d« (USS/tonn*) Co* 1625/1635 (1630/1640) 3-months 1550/1555 (1555/1564) 1630 (1632) Ton*: Sate* (1168 Special High Gr«d« Zinc (U8$/tonn«) i Cosh 1670/1680 (1680/1685)
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    • Article
      Lock icon Soybean
      178 6 Reuter CBT SOYBEANS closed lower on Wednesday. Many traders left early to await news of possible federal indictments against Chicago soybean and financial futures traders, floor sources said. Indictments were expected to be announced at 1400 COT. Defence attorneys have said charges will focus on traders in the Chicago
      Reuter  -  178 words
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      57 6 THERE'S ONLY ONE BILLION There's only one magazine in the world about doing and winning business in Asia-Pacific. Written for those of you who would rather reap the profits from the region's staggering growth than let the competition. There's only one BILLION. Available in limited numbers on the newsstand now.
      57 words
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  • MONEY AND EXCHANGES
    • Article
      Government Securities Market
      112 7 Treasury bills Period Issue Yesterday's closing Day's code Maturity MO OF«» KNGH LOW 3 —ii *****30H 2.11.89 4.05 4.00 4.06 4.02 6 month* BS*****V 18.01.90 4.07 4.02 1 year IY*****F 24.05.90 4.14 4.09 4.10 4.10 Government notes and bonds Period Issue Maturity Coupon Yesterday's dosing Day's code
      112 words
    • Article, Illustration
      World interest rates
      186 7 •lw lit Hi i flw mn|i oI Mm prtM tondbig ralM of 12 HMfor banks In t'por* Interbank market rates (offsr/bld) on August 3 us* DM SWFC Y«n 7 4my% 13/'*— 13 13/1*— 11/1* 13/1* 13/1* 7 */1* 7/1* 3 3/1* 3/1* t mm s/« i/a 13
      186 words
    • Article
      Lock icon Forex markets
      1416 7 Hongkong Bank SINGAPORE: THE US dollar closed easier after a dull trading session yesterday The range was: D-mark 1.8485/1.8575, yen 138.10/138 75, GBP 1.6518/1.6600 and SGD 1.9460/1.9473. The US unit initially gained ground from New York on short-covering but drifted lower on bearishness due to concerns about recession
      Hongkong Bank  -  1,416 words
    • Article
      Money markets
      56 7 THE overnight rat* on the Singapore money market cloaad 7/16 point higher at 4 15/16 per cent yeaterdttf. Term ratea fell 1/16 point acroea the board. s$ Interbank rates Of Itie dos« yesterday: orm mo Ow- 4 IS/14 4 13/14 1~—y 4 7/» 5 4 7/4 3 S
      56 words
    • Article
      Options
      1279 7 CURRENCY FUTURES OPTIONS Thursday, August 3, 1989 OCUT BCHEMARK (WMEX) Mfk > 44 MM Lear ON Sm Mfti Niak Lew 0a0 52 14 53 36 54 74 JARA NEK YEN (SNMEX) •M M mOI NMI LM 1 Oae 0* Mfh 1 44 pen Lee Sott ,75 194 IMM Wednesday,
      1,279 words
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      54 7 I 1 Ruis i 1 r rs v v\ C > ■I •VXy <> l N' M 4 -V < *l 1 Si T M < r r a i ■V \U\ V v f y i t 4 ~*^rn f *1 mi v CORNERS AT: .METRO MARIN* METRO PARAGON
      54 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Daiwa planning research institute in Singapore
      533 8  -  Group also opening KL and Jakarta offices By SOH TIANG KENG DAIWA GROUP, the Japanese securities house, plans to set up a research institute in Singapore and open officee in Kuala Lumpur and Jakarta as part of its expansion programme in this region. Its
      533 words
    • Article
      Lock icon Ex-County Natwest chief quits Charterhouse
      469 8 FT THE BANK of England's purge of bankers involved in the Blue Arrow affair claimed its first victim last night when Jonathan Cohen, the former chief executive of County Natwest, resigned from his new job at Charterhouse Merchant Bank. Mr Cohen was one recipient of
      FT  -  469 words
    • Article
      Lock icon Forty-six Chicago traders charged with fraud
      380 8 Reuter FEDERAL PROSECUTORS has announced indictments against 46 Chicago commodity traders and brokers, striking the first blow against what they say is widespread fraud on Chicago's giant futures exchanges. The grand jury indictments, announced at a news conference on Wednesday by US Attorney General
      Reuter  -  380 words
    • Article
      Lock icon CFTC takes regulatory action to curb futures trading misconduct
      381 8 Reuter COMMODITY Futures Trading Commission chairman Wendy Qramm said the CFTC is taking regulatory action to curb the types of futures trading misconduct alleged in the indictments announced by federal prosecutors in Chicago on Wednesday. "Based on the abuses alleged in
      Reuter  -  381 words
    • Article
      Lock icon Bankers welcome Aquino's stance on debt
      310 8 Reuter FOREIGN CREDITOR banks welcomed a statement by President Corazon Aquino indicating Philippine negotiators opening debt talks next week will not demand the same terms banks recently accorded Mexico. Mrs Aquino, asked by reporters on Tuesday if Manila expects a better deal than Mexico's,
      Reuter  -  310 words
    • Article
      Lock icon Barclays not lending money to Mexico, says chairman
      341 8 Reuter BARCLAYS pic will not lend new money to Mexico as part of the landmark debt restructuring proposal announced last month under the auspices of the US debt initiative, chairman John Quinton said. "New money is not something we shall do." Mr
      Reuter  -  341 words
    • Article
      Comex gold/silver futures
      168 8 Gold futures on August 2, 1989 8 I ounces. USS par troy jnca Op»w M* Law Mb *"9 370.80 370.80 369.40 370.10 -070 S*P 371 JO 0.80 Oct 374.00 374.80 37X30 373.80 -IjOO Ok 378 30 378.60 377JO 377JO -IjOO Fob 90 382.00 38 2 00 3*200
      168 words
    • Article
      Asian dollar market
      263 8 ASIAN DOLLAR DEPOSIT rates ended unchanged from opening levels in thin trade yesterday. Term rates firmed 1/16 to 1/8 point from Wednesday's close at the outset due to a slight drop in US bond prices and the Federal Reserve's drsining of reserves from the banking system with
      263 words
    • Article
      Lock icon Simex
      543 8 Reuter EURODOLLAR FUTURES ck>Md steady to slightly lower on profit-taking and position adjustments in quiet trading yesterday, dealers said. Thsy attributed the quiet conditions to caution ahead of yesterday's 1230 GMT release of US June leading indicators and today's July employment figures. They said the figures, eepecially the jobs
      Reuter  -  543 words
    • Article
      Lock icon IMM
      277 8 Reuter IMM CURRENCIES finished a calm Wednesday session mostly lower after profit-takers erased a small midday advance. Nervousness about the Middle East hostage situation dampened buying enthusiasm tied to declining LS interest rates and strong chart formations. Some traders said the pull back from Tuesday's late advance represented an
      Reuter  -  277 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      183 8 A f BBSS MBMBB N *->.v i X.. IV ik f <' A jf y v J/ wbw A f V Able to negotiate credit and develop new business relationships Possess drive, sound judgement, an analytical mind and good conversational skills Age 25-30 years We offer a competitive remuneration and
      183 words
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  • FOCUS
    • Article, Illustration
      The real face of Singapore politics
      1643 9  -  It is a truism that a consensual style of government has contributed to Singapore's stability. Has the cost of this, however, been to make politics in the Republic less real than politics elsewhere? ASAD LATIF addresses the question and, in the accompanying piece, sketches
      1,643 words
    • Article, Illustration
      The corporate state vs the autonomy model
      716 9 SINGAPORE has sometimes been called a corporate state. In examining the features of this kind of democracy, it is useful to distinguish it from another variety, which may be called the autonomy model. The autonomy thesis broadly argues that, beyond areas such as
      716 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      167 9 A Sonata 1-8 leaves most 1-6 cars behind today and tomorrow. three whole years. And after you've thrashed it around for 10 years, you still get a return of $30,000 when you finally scrap your Sonata. Only Hyundai has the good sense to move so far up with the Sonata
      167 words
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  • PERSPECTIVE
    • Article
      No rushing, please
      489 10 ONE POINT needs to be noted immediately about the agreement reached this week at the International Conference on Cambodia. A comprehensive peace settlement has been mentioned as the purpose of negotiations that are under way following the ministerial talks in Paris. The reiteration of the need for
      489 words
    • Article, Illustration
      Shaping up for a promising time
      1835 10  -  NEPTUNE ORIENT LINES Neptune Orient Lines is back on track after having charted its way through some rough waters. Prospects are good for its core business in the years ahead. With its finances in ship-shape condition, NOL is looking at expanding its related business
      1,835 words
    • Article
      Towards higher profile through ADR
      958 10  -  By ANDREA BORCH SINCE GOING PUBLIC in 1981. NOL has tapped more than $1 billion through rights issues, loan stocks and revolving underwriting funds. With this money, the group has financed a growing fleet of ships and existing borrowings, pared debt and expanded its capital
      958 words
    • Article, Illustration
      'Optimum size but still a long way to go'
      1403 11  -  By ANDREA BORCH,LINDA CHEE IN JUNE 1969, the fledgling shipping corporation Neptune Orient Lines began its Far East-Europe service. By the end of the year the line had six second-hand ships totalling almost 80,000 deadweight tons. NOL had been incorporated in
      1,403 words
    • Article, Illustration
      Aggressive agencies will go for all: from trucks to storage
      918 11  -  -By LINDA CHEE SOME 50 per cent of Neptune "Agencies Pte Ltd's business comes from its parent Neptune Orient Lines Ltd. "Our base is secure, so we can be more aggressive," declares Kirpa Ram Vij, NAPL's executive chairman. The shipping
      918 words
    • Article, Illustration
      NSSPL: Growing from strength to strength
      741 11  -  By LINDA CHEE IN SIX YEARS Neptune Shipmanagement Services Pte Ltd (NSSPL) has become one of the top three shipmanagement companies in Singapore, groeaing a revenue of $70 million last year. This is a qualified statement, of course, as 90 per cent of the
      741 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      93 10 Managers must manage. BT shows you how every Monday. -J J J J J J »o Technology Watson P Industries Firsf Photo Suppliers Linden Industries Unicurd Food $4 A MONTHLY MAGAZINE OF BOSINESS TRENDS e A salute to enterprising small businesses e The chemistry industry reports glowing results e Personnel
      93 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      354 11 REPUBLIC NATIONAL BANK OF NEW YORK A subsidiary of REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition On Thousands) June 30, June 30, Stockholder's Cash and due from banks Interest bearing deposits with banks Precious metals Investment securities Trading account assets Federal funds sold and securities purchased under resale agreements
      354 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon In Macau: 'Freedom to fly around in a cage'
      695 12  -  PLACES By BARBARA BASLER NYT $>NCE Macau was an international haven for spies and smugglers and political refugees, as •colourful and corrupt as wartime Casablanca. But today most of its waterfront sin and swagger have disappeared. leaving a small .backwater port
      NYT  -  695 words
    • Article, Illustration
      Lock icon Featuring Off Broadway and Broadway
      1151 13  -  THEATRE By MEL GUSSOW NYT THIS SUMMER in London the West End is giving its regards to Off Broadway as wall as to Broadway, with Frankia and Johnny in the Clair da Luna and Steel Magnolias joining Anything Goes and other musicals. Opening in August
      NYT  -  1,151 words
    • Article
      Lock icon Sleep? Why? There's no money in it
      854 13  -  SLEEP By PETER PASSELL NYT MOST PEOPLE think they sleep because they are tired. Now come two economists from Michigan State University who say people sleep because they have nothing better or remunerative to do. The findings, in a study for the National
      NYT  -  854 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      239 12 Where tv entertain... Where tv entertain... Where tv entertain... Where tv BAR c/ The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The Westin Plaza Raffles Cky 2 Stamford Road. Singapore *****. Westin Hotels Resorts I*s
      239 words
    • Advertisement
      Page 12 Advertisements Column 2
      230 12 SEMSATIOMAL SIZZLIMG SATAY AT Cafe f 0 Q a A r Sizzling satay, the all-time local favourite. Succulent mutton, chicken and beef skewered and grilled on an open fire, complimented by a rich peanut sauce, and accompanied with fresh bits of cucumber, pineapple and onion. Try a cool refreshing coconut
      230 words
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      Page 12 Advertisements Column 3
      172 12 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday (3 6pm) in The Lounge. Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, fresh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50* per person.
      172 words
    • Advertisement
      Page 12 Advertisements Column 4
      249 12 Sky Garden Poolside Fridays to Sundays 6.30 10.30pm Adults: $11.90++. Children: $8+ Plaza Hotel SIWCAfQtE rWAtWCOLOUtrUL»tWVtTINGI Heme* <iwp»nrr 07W1H 2*ur»!l tyftS&nount Hotel VS y>\7m Celebrate A la Singapura Buffet Lunch Dinner Aug 1-31 Adult: $1350" Child: 9.00" Come, join us for a delicious spread of local favourites from the gourmet
      249 words
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      Page 12 Advertisements Column 5
      195 12 m Join us as we come to the climax of the competition for Singapore's riches annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Mandarin Reservations Counter. r i i; i (,K WD ll\ \1 s I I 111 \i \\I)\KIN H\l
      195 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      189 13 entertain.... J Sip Tea In The Park And You'll See The Best Dressed Women. On Saturday* High Tea is very fashionable at Fountain Lounge. Not only will you see some of Singapore's best fashions being paraded during our Fashion Show, you 11 also enjoy a delicious spread of scones, canapes
      189 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      651 13 mmMm mmmm CRYPTIC PUZZLE ACROSS 4 Fuel it wrongly and it's useless (6) 7 Musical merry-go-round (8) 8 Happens to be in bad company going to the dogs (6) 10 Even lower than some bounders (5) 13 A sound back, also (4) 14 Drink with a novice flier (4) 15
      651 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1274 13 TV and RADIO Treasure Island r ■jt w OUR CHOICE A HISTORY OF TREASURES, 9.30pm, SBC 12 Journey to the Deep explores the Caribbean and traces the origins of the Inhabitant of the Virgin lalanda. It chronictaa the arrival of tha Cariba and tha Arawaks from South Amarica and why
      1,274 words
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  • SPORTS
    • Article
      Lakshman leads in S'pore Open
      500 14  -  qSlf By A SURENDREN IT WAS PEDIGREE which toM on the first day of the Singapore Open Amateur Qolf Championship at the Jurong Country Club yesterday. Indie's Lakshman Singh shot e one-under per 71 to take the lead. Bunched on joint second at 72 are
      500 words
    • Article, Illustration
      Lock icon Leonard, Duran to settle long battle
      460 14 BOXING AP SUGAR RAY LEONARD and Roberto Duran, dogged by nine year* of controveray over the phraae "No Mas. No Mas," say their battle on Dec 7 will settle that, issue, once and for all. "Duran has something to prove to me, and I
      AP  -  460 words
    • Article
      Lock icon Britain's lead in Admiral's Cup reduced
      202 14 YACHTING AFP BRITAIN'S lead in the Admiral's Cup was cut on Wadnasday, even though there waa no racing. While the competitors had a day off. the international jury In Cowee waa buay deciding the proteata and Britain loat one point as a result. New
      AFP  -  202 words
    • Article
      Lock icon Walker wins
      146 14 ATHLETICS AP JOHN WALKER, still going strong in the twilight of his career, came up with a surprising victory on Wednesday in his farewell race in Stockholm. The 37-year-old New Zealander, who has run more sub-4 miles than any other runner in history, used a strong kick down
      AP  -  146 words
    • Article, Illustration
      Lock icon Graf breezes past Nagelsen
      281 14 TENNIS AP TOP-RATED Steffi Graf breezed into the quarter-finals of the US$2OO,OOO Qraat American Bank Tennis Claasic in San Diego with a 6-1, 6-1 victory on Tueeday night over Betey Nageleen of Kapalua Bay, Hawaii. Qrara strong serve and powerful, precise forehand* proved too much for
      AP  -  281 words
    • Article
      Lock icon Agassi, Chang on track for first tournament meeting of year
      478 14 AP ANORE AGASSI, the defending champion and top seed, survived a scare from journeyman Marty Davie and won 6-1, 3-6, 6-3 on Wedneeday in the second round of the U*****,500 Volvo International Tennie Tournament. Second-aeeded Michael Chang lost the first
      AP  -  478 words
    • Article
      Lock icon Unseeded Austrian overcomes Mancini in Austrian Open
      128 14 AP UNSEEDED 18-year-old Austrian Thomas Buchmayr upset topseeded Argentine Alberto Mancini in second-round play on Wednesday at the Austrian Open tennis tournament. Earlier in the day at the raindelayed event, Mancini beat Richard Vogel of Czechoelovakia 8-2, 8-7 (5-7), 8-3. Buchmayr beat Mancini
      AP  -  128 words
    • Article
      Lock icon Unseeded Saceanu beats Carisson
      86 14 AP UNSEEDED West German Christian Saceanu eliminated defending champion Kent Carlsson of Sweden 6-4, 6-4 on Wednesday in the second round of the Austrian Open in Kitzbuehel. Carlsson, who was beset by back and knee problems, said he was disappointed. "I came hoping to come here
      AP  -  86 words
    • Article, Illustration
      Lock icon Gatting says he is no traitor
      356 14 CRICKET AFP MIKE GATTING. captain of England's breakaway squad scheduled to tour South Africa, has said that he is no traitor. Gatting, 32, will lead a 18man team to South Africa in January. All of the players who compete will be banned for a
      AFP  -  356 words
    • Article
      Lock icon Commonwealth Games might be hit
      144 14 AP THE DEFECTION of 18 English cricketers to South Africa in January next year might destroy the Commonwealth Games. Tony Ward, spokesman for the British Amateur Athletics Board, ssid if black African countries were to protest by boycotting next year's event in New Zealand, it
      AP  -  144 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      161 14 IMPROVE YOUR GAME WITH V ?v 0 r 0 0 JL J% ■*>■ t-- •'WM<L r jLV JP-> ./v :j J 5...; ■<r» •< Ma» l A f rf ••:>-* <:»sr x ;> v iS'"i jtt' .->✓*' s> "-•"v v> -•-i -F 5 s •r* '>••->'- «c%."i The latest models
      161 words
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  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Garden Hotel owner gets $43m refinancing package
      629 15  -  By ROSIE TAN EVEN AS eager buyers of the Garden Hotel bid up its price from $42 million to $65 million in less than a year, the owner has succeeded in obtaining a $43 million refinancing package which will solve its financing problems
      629 words
    • Article
      GTS Trading's stake in Sim Urn Investments close to trigger point
      623 15  -  By HERMAN PHUA GTS TRADING Re Ltd. the controlling shareholder of listed Guthrie GTS, has increased its stake in loss-making Sim Lim Investments to 22.65 per cent. SLI yesterday said GTS Trading acquired a total of 1.49 million SLI
      623 words
    • Article
      Hotel Prop goes ahead with $380m worth of projects
      467 15  -  By ELAINE KOH HOTEL PROPERTIES, which recently proposed a one-for-two rights issue, is going full steam into three major development projects next year costing more than $300 million. One of them is a luxury condominium project along Orchard Boulevard, comprising 220
      467 words
    • Article
      Hotel Negara profits rise eight-fold
      170 15 HOTEL NEGARA Ltd. which saw a turnaround in its last financial year, has increased its after-tax profits by mora than eight-fold in its latest interim period. For the six months ending June 30, 1969, Hotel Negara's earnings rose sharply to $190,147 from $20,748 in the
      170 words
    • Article
      Lock icon BA starts year well but sees turbulence
      222 15 Reuter BRITISH AIRWAYS pic (BA) chairman Lord King has said the airline group made a sound start to the year but warned of potential future difficulties. He said the group was now in the peak travel seaaon but, despite good demand, he expected
      Reuter  -  222 words
    • Article
      Lock icon Harrisons buys two US firms
      88 15 Reuter BRITISH group Harrisons and Crosfield pic has acquired US chemicals companies Hardman Incorporated and Hardman Industries Inc tor a total of US$2O million. New Jersey-based Hardman makes industrial adhesives, elastomers and sealants which Harrisons said relate well with the organic chemicals division of its
      Reuter  -  88 words
    • Article, Illustration
      Wing Tai buys third Bukit Timah site for $34m
      540 15  -  By LEE HAN SHIH A $34.1 -MILLION beat signed on Wednesday night hss given Wing Tsi Holdings the lest piece of land it needs for a large development in the Bukit Timah area. The listed garment and property group yesterday said
      540 words
    • Article
      APPROVED ISSUES
      305 15 Compony RIGHTS ISSUE Bcrtoya Corpn One-tor-one M$l 30 par tore Ex dot* July 21 Books cto* Aug 4 Acceptance 4 Poyment NY A Hotel Prop One-tor-two Q $1 10 per shore with r knhia Mfirmnt one OVtuCnOW WW Ex dote My 17 Books dose My 27 Acceptance ft
      305 words
    • SES
      • Article, Illustration
        Market ends marginally lower after a bullish start
        1066 16  -  •f JOSEPHINNE CHAN IN SPITE OF a bullish start, local share prices ended marginally lower yesterdsy for the third time this week. Brokers said sarly prices firmed in line with Well Street's overnight rslly, but sassd ss cautious investors smerged to take
        1,066 words
      • Article
        Unit trusts
        300 16 MonogwV prtcas Royal Trust Sac Asi a (JOB Manage HlUfli Donoa Japan Fund Thai Maa Fund Uu (Aug 2 1 iy 28 WATS US$1301 for Aug 4 fT S'pon Gr Fund 0S4 0.10 Untfwd 1 27 \v IT /Wo Foc Gr Fund 1 105 1.156 (Jnibond 1046 1070
        300 words
      • Article
        COMPANY MEETINGS
        55 16 IWQAPOWt ANttJNES LTD; 17th AQM at the Bencoolen Room, 4th Level, The Westin Stamford Weetin Plaza, 2 Stamford Road, Singapore 0617, tomorrow at 11.00 am. HARRISONS MALAYSIAN PLANTATIONS BERHAD: 13th AQM at the Kelantan Room, Baaement 2, Shan-gri-La Hotel. 11 Jalan Sultan lamall, ***** Kuala Lumpur, on Aug
        55 words
    • Article
      SES SHARE INFORMATION
      6034 16 1M Tal Last Vol Day Laol Qti wlo Mv Mv rw Not M Cap M|ll Low Cod* Company Sate AIM 03 Of^ rooo) High Low Buyer S •Nor Cvr P/E $mM SESDAQ 166 120 t 4000 Amtek Eng 20* 1S6 unch 5 156 156 1S6 157 10.ON
      6,034 words
    • COMPANY NEWS
      • Article, Illustration
        Lock icon Dream comes true for Time Engineering
        891 17 COMPANY MAKES THREE MAJOR DEALS TO BECOME A GIANT NST "WE DREAM now that future generations will one day look at Time and whisper: Behold this giant with a soul." These thoughts were penned by the managing director of Time Engineering Bhd (TEB). Mr
        NST  -  891 words
    • REGIONAL MARKETS
      • Article
        Lock icon Insider trading case settled for US$25m
        555 18 NYT THE AMERICAN Securities and ExChang* Commission has settled an insider trading case filed against a businessman from Taiwan for US$25 million. The agency said that Fred C Lee, who was accused of using confidential information supplied by a junior analyst at Morgan Stanley
        NYT  -  555 words
      • Article, Illustration
        Lock icon Pakistan to follow British privatisation model
        240 18 Reuter PRIME MINISTER Benazir Bhutto Mid on Wednesday Pakistan would begin privatising state-run industries within the current financial year which began in July and follow the British model in doing so. She told a seminar some industries would be privatised totally in the first
        Reuter  -  240 words
      • Article
        Lock icon Mazda to make cars in Indonesia
        220 18 Bernama THE FIRST Mazda Mobira, a car to ba produced under a joint venture between Indonesian and Japanese corporations, is scheduled to roll off the plant in August next year. The project's 65 billion rupiah (about U5536.7 million) investment excluding back-up capital, is shared
        Bernama  -  220 words
      • Article
        Lock icon New Zealand: Sharply higher
        202 18 Reuter SHARE PRICES ended sharply higher yesterday after being aggreeaively sought by local and overseas investors buying chiefly in response to lower domestic interest rates, brokers said. The Barclaya Index roee 90.04 points (4.66 per cent) to end at 2,127.48, ita highest level so far thia
        Reuter  -  202 words
      • Article
        Lock icon Taipei: Higher
        377 18 Reuter TAIWAN share pricee cloeed higher yeeterday but were off the day'a peaks with small inveetors scrsmbiing to take profits ss the index neared the 10,000-poirtt mark, dealers said. The Weighted Index roee 143.96, or 1.49 per cent to finish st 9,807.98 compsrsd with Wednes- day's 9,663.60 dose.
        Reuter  -  377 words
      • Article
        Lock icon Manila: Stocks surge
        165 18 Reuter SHARE PRICES continued to surge yesterday, with the Commercial-industrial Index hitting a record high and bulliah aentiment spreading to other issues, dealers said. The Manila Slock Exchange Compoaite Index roee 35.22 polnta to 1,200.00, its highest level in almost two years, while the CommerciaHnduetrial 4 COfl
        Reuter  -  165 words
      • Article
        Lock icon Bangkok: Mixed
        196 18 Reuter THAI STOCKS cloeed mixed in quiet trad* yesterday with buying focuaed on eeiected blue chipa which were buoyed by better-than-expected corporate earninga, brokers said. The SET Index gained 1.11 pointa to cloae at 618.43. Qaina outnumbered losses 53 to 50. Most active were Nava Fi- nance, Padaeng
        Reuter  -  196 words
      • Article
        Lock icon Seoul: Slow trading
        171 18 Reuter SEOUL STOCKS eaaed in very slow trading yeeterday aa institutions followed individuala to the eidelinee. brokers eaid. The Compoeite Stock Index cloeed down 3.44 pointa to 890.80. Volume waa 147.3 billion won againet 149.2 billion won on Wedneeday. Falls led rieee 321 to 225. with 180
        Reuter  -  171 words
      • Article
        Lock icon Bombay: Lower
        95 18 Reuter SHARE PRICES finished lower yesterday after state-owned institutional buying helped recoup early losses in a market undermined by political developments, brokers said. They said the exchange authorities had imposed limits on carryforward sales positions ranging from 5.000 to 25.000 aharee in five volatile stocks to curb exceee
        Reuter  -  95 words
      • Article, Illustration
        Lock icon Hang Seng breaks 2,600-barrier
        1293 18 Hongkong Reuter HONGKONG'S Hang Seng index aoared 61.79 points yostsrdsy to 2,634.98, breaking through the pay* chotogtcal barrier of 2JOO wMh little difficulty on the back of broad based support, brokers said. "The momentum la there to take K further. M N holds here, 2,790 Is
        Reuter  -  1,293 words
      • Article, Illustration
        Lock icon Post-Crash high
        476 18 Sydney Reuter THE Auetralian aharemarket cloeed yesterday at a poet-Crash high in bullish trade booated by a 16point gain on Wall Street overnight Dealers said the market waa ahowing underlying atrength in moat aectora and waa now aet to push higher. "Deepite a aeU-off in BHP stock toward
        Reuter  -  476 words
      • Article, Illustration
        Lock icon Broadly lower
        476 18 Tokyo Reuter A FEW ROUNDS shot at speculative issues punctuated an otherwise sluggish day as investors skimmed profits, leading share prices to close broadly lower in thin trade yesterday. "It's a guerilla market today," said a trader at a foreign broking house. Financial stocks that topped gainers on
        Reuter  -  476 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Moderate gains
        800 19 New York Reuter A STRONG metal# group and interest in a numbar of speculative issues helped US stock prices end with moderate gains on Wednesday. Late program buying also helped spur the advance. The Dow Jones Industrial Average ended the day up 16.31 points, st 2,067.43 points, with
        Reuter  -  800 words
      • Article, Illustration
        Lock icon Equities higher in quiet trading
        871 19 London Reuter SHARE PRICES were near the day's highs above 2,300 on the FTSE index in fairly quiet afternoon trading on Wedneeday. Dealers said the market was cheered earlier by news that the UK authorities gave clearance for GEC and Siemens to make a fresh
        Reuter  -  871 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1342 19 Reuter FRANKFURT: West German shares fall on wideepread profittaking yaatarday as Invaatora and dealers began to contemplate if the market's recant rally might be ending. Tha spotlight awung away from recently favoured blue chipe and to selected specialitiee and long-neglected blue chipe. such aa the big chemicals.
        Reuter  -  1,342 words
      • Article
        Lock icon Metals giant Amax makes C$2.8b bid for Falconbridge
        475 19 Reuter AMAX INC. the natural reeouroea company, haa made a Cs2.B billion tender offer for Canada'a Falconbridge Ltd, making it the first American company to become a major player in the world nickel market The surprise move, made Just before Wedneaday'a Wall
        Reuter  -  475 words
    • Article
      HK office rents almost thrice those in Singapore
      694 20  -  SURVEY BY RICHARD ELLIS By LEE HAN SHIH THE QAP between rentals of prime office space in Hongkong and Singapore has widened in the eight months up to June this year, with rents in Hongkong now almost thrice those in Singapore. Measured
      694 words
    • Article
      Lock icon French agency investigates insider trading in Eurotunnel
      272 20 AFP THE Paris stock market watchdog agency, tha Commission das Operations da Bourse (COB), is investigating possible insider trading in Eurotunnel sharea, the French agency said. The agency became auapicious after a surge in trading in ahares of Eurotunnel, an An-glo-French consortium digging
      AFP  -  272 words
    • Article
      Lock icon Hun Sen regime instructed to welcome UN mission
      466 20 Agencies CAMBODIAN Prime Minister Hun Sen said on Wednesday that he has instructed his government to welcome a United Nations mission dispatched by an international peace conference. "I have already given inatructions to give all the aaaiatance necessary to this technical mission,"
      Agencies  -  466 words
    • Article
      Lock icon Kaifu garners support from party bosses
      344 20 Reuter AFP FORMER Japanese Education Minister Toshiki Kaifu appears likely to become Japan's next prime minister after winning widespread support within the ruling Liberal Democratic Party, LDP officials said yesterday. Most of the factions in the LDP, desperate to restore its fortunes after a
      Reuter; AFP  -  344 words
    • Article
      Lock icon Kidnappers postpone killing US hostage following his appeal
      525 20 Agencies THE KIDNAPPERS of US hostage Joseph Cicippio announced yesterday that they had stayed his "execution" by another four hours. The Revolutionary Justice Organisation (RJO), in a communique delivered to a Western news agency in Beirut, said the new delay came after
      Agencies  -  525 words
    • Article
      Lock icon Nepal reiterates willingness to initiate dialogue with India
      368 20 AFP NEPAL yesterday reiterated its readiness to initiated a dialogue with India over a range of bilateral issues including trade and transit treaties, chief government spokesman Radhe Shyam Bista said. "We have urged the government of India to make a constructive move
      AFP  -  368 words
    • Article
      Anti-govt group calls for strike in Sri Lanka
      136 20 AN ANTI-GOVERNMENT group yesterdsy called for a general strike in Sri Lanka today to protest sgainst the continued presence of soms 45,000 Indian troops in the island nation. Posters put up by the radical Janatha Vimukti Peramuna (JVP, or People's Liberation Front)
      136 words
    • Article
      Lock icon Chinese in Tambatan will vote for Front: MCA president
      278 20 Bernama MALAYSIAN Chinese Association (MCA) president Datuk Seri Dr Ling Liong Sik yesterday expressed confidence that more than 80 per cent of the Chinese voters in Tambatan would vote for the National Front in the by-election there tomorrow. He said that
      Bernama  -  278 words
    • Article
      Lock icon Lack of progress hurting Gorbachev's popularity
      237 20 AP A LACK of success in his reform programme is hurting President Mikhail Gorbachev's popularity among his people, and officials who prefer a return to force may gain the upper hand, according to a commentary in a Soviet journal. The 18-page commentary in the
      AP  -  237 words
    • Article
      Lock icon National Front confident of winning Teruntum by-election
      353 20 Bernama EVEN THOUGH constituents of Teruntum have expressed dissatisfaction over certain issues, especially involving the Kuantan Municipal Council, they still believe that only the National Front can solve their problems. The Front, especislly the Malaysian Chinese Association, made this early deduction after four
      Bernama  -  353 words
    • Article
      Lock icon Comex gold and silver
      86 20 Reuter COMEX GOLD futures, after sliding through Wednesday's lows on dealer selling, came back to unchanged on mixed buying yesterday fed by continued uneasineas about the Middle Eaat hostage criais. Spot Auguat rallied to unchanged at U*****.10 an ounce from U*****.20 which penetrated yesterday's low of
      Reuter  -  86 words
    • LATE FILE
      • Article
        Lock icon Japan to pay more for defence
        38 20 Reuter JAPAN will increase the amount it spends on U8 forcas in tha country to shoulder a greater share of the burden of defending the region, a Defence Agency spokesman said yeeterday.
        Reuter  -  38 words
      • Article
        Lock icon US-HK trade deficit narrows
        60 20 Reuter THE US trade deficit with Hongkong narrowed 43 per cent in January-April this year to $699.2 million, U8 government etatietica aaid. US exports to Hongkong jumped 27 per cent to $2.1 billion, helped by a 127 per cent rise in aircraft and aerospace equipment exports,
        Reuter  -  60 words
      • Article
        Lock icon China reassures Portugal
        44 20 AFP CHINESE officials responsible for th« transfer of Macau hava assured their Portuguese counterparts that the recent crushing of a pro-de-mocracy movement in China would not jeopardize the terms of the 1987 tranafer agreement, diplomatic sources said in Lisbon yeeterday. AFP
        AFP  -  44 words
      • Article
        Lock icon Thai general in drug ring
        60 20 Reuter A SENIOR Thai policeman is under investigation in Bangkok after being indicted by a US court on drugs charges. Thai and US officials said. They said the caae waa brought against Major-Gen-eral Veth Petchborom, former head of a crack military unit, after the break-up
        Reuter  -  60 words
      • Article
        Lock icon France reduces service charge
        35 20 Reuter THE French government has agreed to reschedule and reduce the service charge on 1.87 billion francs ($297 million) of Mexican debt, a spokesman for the Mexican embassy in Paris said.—
        Reuter  -  35 words
      • Article
        Lock icon Burma opposition goes underground
        33 20 Reuter BURMA'S nascent oppoeibon has been driven underground and 1,500 of its members have been arrested in a twoweek crackdown by the country's military rulers, Western diplomats said. Reuter
        Reuter  -  33 words
      • Article
        Lock icon US$50 million for KAL victims
        72 20 AFP A JURY awarded $50 millioq on Wedneeday to the familiM of the victims of 269 passengers aboard a Korean Air Lines (KAL) jet which was shot down after it strayed into Soviet air space. The sixmember Jury found that the KAL crew'a actions contributed
        AFP  -  72 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      171 15 TTTTiiTipmTTfl JML We are a government owned enterprise involved in the extraction and processing of vegetable oils and manufacture of provender feeds, mainly poultry. We have been pioneers in provender manufacture in Sri Lanka and count over 30 years of experience in this field. We have in operation a feedmill
      171 words
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      Page 15 Advertisements Column 2
      648 15 CURRENCY INVESTMENT \MI KK I \I'KI H\\ TEL: 321 3333 ii f -fx TAT LEE BANK LIMITED <Mc<»po»tM m nm»t at S'f^gjocfei NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an extraordinary general meeting of the Bank will be held at the Conference Room, 63 Market Street #14-00,
      648 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      25 15 Steer/VSTV x> /W A*fc3&f tW/ecfrp/M* AW*£xerar7M* rwrwaa. < *k) CWMBO] rt#/oO£* <2.0 $AWirop 7& n//f A/£WM*fifO.?.. *A <frXX?£y£S UA4 A r7£x/&F&eAsso M/tXffHZee/rPMZ/* 7*l<» M*/. nwfto*map? Ik
      25 words
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  • Page 17 Advertisements
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      12 17 HP computers let you sell at the best prices. HEWLETT PACKARD BEAR
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      Page 17 Advertisements Column 2
      101 17 The Kuala Lumpur market was closed for a holiday yesterday. 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
      101 words
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      Page 18 Advertisements Column 1
      366 18 NOTICES IN THX MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF TASAEI SHINJU JEWELLERY PTE LTD VOLUNTARY LIQUIDATION) FINAL MEETING NOTICE Is hereby given, in pursuanoe of Section 306 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the above-named
      366 words
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      Page 18 Advertisements Column 2
      313 18 IN THE MATTER OF THE COMPANIES ACT, Cap. 50 AND IN THE MATTER OF PROJECTAR CONSULTANCY SERVICEB PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE Is hereby given. In pursuance of Section 306 of the Companies Act, Cap. 50, that the FINAL GENERAL MEETING of the members of the above-named company
      313 words
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      Page 18 Advertisements Column 3
      316 18 NOTICE NOTICE IS HEREBY GIVEN that, I Tuen Wai Meng of Blk 105 #I<M7O, Teck Whye Lane Singapore 2368, have applied for a Ist Class Public House (Extended) licence in respect of premises at M/s. Artistes Karaoke Lounge at 144 Upp Bukit Timah Rd, #01-12 to #01-16, Beauty World Centre
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      Page 18 Advertisements Column 4
      5 18 On target CHARTPOINT every Saturday
      5 words
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      Page 19 Advertisements Column 1
      177 19 Tlm otfwr uporti wrm Ml al prill iw. Deutsche Bsnk AG (Incorporated Hi Fodoral Republic of Qormany) in M 3 mjnMu ajHjii urnnr mm LNur tw,m <rnjm *.m.ru U MM IMJM IM.MMI7 BJM.7M (1.111J87 Mi D Spa MM D yuM 33 M 1 1 "i *i a S s 5
      177 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      10 20 Muslim militants warn Washington of an all-out war, PAGE 5
      10 words
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      Page 20 Advertisements Column 2
      128 20 Haute Cuisine Shanghai... t r > f 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 preparation and taste,
      128 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Korean firms spreading their wings
        132 21 SOUTH KOREAN shipping companies will be allowed to set up ship management companies overseas from the beginning of next year. According to a Seatrade Week report, these shipowners will then be able to employ lower-paid foreign crews, and be allowed access to more favourable finance
        132 words
      • Article
        Lock icon Less tanker tonnage sold for scrap
        113 21 Reuter OIL TANKER/COMBINATION CARRIER TONNAGE sold for scrap last month amounted to 258,626 long dwt (eight vessels) compared with 558,928 dwt (six) in June, London shipbroker Howard Houlder said. This brought total sales for the first seven months of this year to 1.51 million
        Reuter  -  113 words
      • Article
        Lock icon Drop in inactive tanker tonnage
        99 21 Reuter WORLD OIL TANKERS in lay-up. idle or under repair fell slightly to 1.84 million long dwt (18 vessels) last month from 1.9 million dwt (19) at end-June, London shipbroker Howard Houlder said. Combination carriers laid-up at end-July were unchanged from the end-June total of
        Reuter  -  99 words
      • Article
        Lock icon Witass announces CAF changes
        81 21 Reuter THE WEST INDIA TRANSATLANTIC Steam Ship Line (Witass) is changing the currency adjustment factor (CAF) for traffic between the Ham-burg-Bordeaux range, East Germany, Poland and the Baltic ports of the Soviet Union, and the Caribbean from 13 per cent to 10 per cent from Aug
        Reuter  -  81 words
    • Article
      Rise in throughput for HK container port
      135 21 HONGKONG'S Kwai Chung container port registered a 10.71 per cent increase in throughput in the first six months of the year, falling below the 14 per cent forecast made by the colony's government before the China debacle. Some 1.54 million TEUs were handled
      135 words
    • Article
      Index to advertisers
      1066 21 AtC CoMiwIm a s Aitoul SKpg VM 3/4 AR XM s AMankM Um> n s AC Toaplar XM s Ajnarkon NhiflM XI 4 Arrow Una* XI s Amoc Carrioga xm s AMI 1/2 ATC Una VI 4 An V 3-5 Asa 1 Altai Um XI 4 fta*
      1,066 words
    • Article, Illustration
      Yang Ming Line launches new 'pendulum' service
      466 21  -  FULLY CONTAINERISED SCHEDULE COVERS ASIA, EUROPE AND THE US By JEAN FOONG TAIWANESE HaM-owmd carrier Yang Ming Line recently launched its long-awaited "pendulum" service covering the Far East, Europe and the US. Launched last month, this fully containerised service is a merger of
      466 words
    • Article
      Conferences on shipping and ship repair later this month
      250 21 TWO CONFERENCES focusing on the outlook for the shipping and shiprepair industries will be held in the middle of this month. Shipping Outlook 89 will be providing an update on commercial trends and opportunities in the shipping industry, while Servicing the
      250 words
    • Article
      HK signs tax agreement on shipping income with US
      391 21  -  By VONNIE BISHOP HONGKONG'S shipowners are relieved that their government has finally signed a reciprocal tax exemption agreement with the US on shipping income. The local owners had been working hard to achieve this since details of the 1986 US Tax
      391 words
    • Article
      Lock icon APC earnings hit by poor trans-Pacific liner returns
      277 21 Seatrade Week SEVERELY DEPRESSED RATES of return in trane-Pacific liner operations contributed to a stunning 61 per cent decline in second-quarter earnings, compared with the previous year, for American President Companies. The company had tried to cushion the blow by predicting weeks
      Seatrade Week  -  277 words
    • Article
      Bunker market report
      536 22 Density Water Carbon Ash Aluminium ladlmant Raaldua KQ/M*3 V/V M/M M/M PPM MO/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* NortNarn Europa 180 Ave 983 0.2 13.4 0.05 9 0.04 180 Max 1003 3.0 20.0 0.36 84
      536 words
    • Article
      APL unveils on-line rate data system
      322 22 AMERICAN PRESIDENT LINES has introduced an on-line rata information system that dramatically cuts the time it takes customers to obtain rate quotations and improves the accuracy of those quotations. The new system, called the Tariff On-Une Pricing System (TOPS), is the first comprehensive rate
      322 words
    • Article
      Lock icon Boost for London earnings
      278 22 Reuter RISING FREIGHT RATES and base metal prices were mainly responsible for the higher overseas earnings of British commodity traders .and London's shipping market last year, commodity analysts said in London. Invisible earnings figures for ilast year released this week by the ;Central Statistical Office showed
      Reuter  -  278 words
    • Article
      Shipping events
      363 22 Anf 14*11 Manila-based Asian Institute of Management (AIM) will conduct its sea transport course •lor Asia's maritime msnagera. The courss, deeigned tor Ihoee involved in the management of ahipping companies and maritime -operations, will impart a comprehensive and critical managerial overview of the international merchant shipping ss affected
      363 words
    • Article, Illustration
      Lock icon US peeved by overweight issue
      926 22 THREAT OF GOVERNMENT ACTION HANGING OVER CULPRITS' HEADS Fairplay "IF THE PRIVATE BECTOR doee not rsaolve the problem of overweight containers, then the government Is going to." •ays Helen Mich Bentiey, the fototy US congreeewoman from Baltimore who specialises in maritime ieauea. Tha problem haa
      Fairplay  -  926 words
    • Article
      Container schedules/ships in port
      1786 22 RECEIVING OF EXPORT FCL CONTAMERS A MO LCL CARGO Ship Voy Arr hral TrMWn§f IchodMloi Bit Op Gdn Dsts/Tta M TImo From TImo To Booking Qato i AM Victory imt ©OBJ? 0700 OVH30 04/1230 Dot hi t N6 00 106 Kmom 7V3VN 06 OBJ? 2000 04/1830
      1,786 words
    • Article
      Orient Overseas preparing for 1992 European market
      233 23 ORIENT OVERBEAS (HOLDINGS) wants to buy tranaport-rela ted companies In Europe in preparation for tha craation of a single European market by 1902. Mr Wileon Hung, director of Us shipping arm, Orient Overseas Container Line, told the South China Morning Pott that the
      233 words
    • Article
      London Freights
      797 23 ONLY A HANDFUL of new bookinga circulated the dry cargo freight market on Wednesday and gave little indication of the current rate structure, brokers said. The Baltic Freight Index waa down two points at 1,390 with components marked down where charged apart from the the US Qulf/Japan grain
      797 words
    • Article
      SHIPPING LIST where your ships are due
      8052 30 CMgAMMMMM M«4 MM* £aaMM. Am 7. *ilt. MlmjT£n. X Aa M CAM OM MM. AM m MM» CM IT. MM Km. Tltat. Ami it*"* t mi 11 1 n rsr:r MM VM—M, MaMMy* r 1 Di> iSc r MH. *M tt tt. iw
      8,052 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      27 21 -The Illustrated Encyclopedia of Wildlife" Wildlit Fortnightly at til wood For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: R3 ***** BTAD
      27 words
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      Page 21 Advertisements Column 2
      18 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National xZMSr'MI Shipping Association.
      18 words
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      Page 21 Advertisements Column 3
      208 21 INSIDE US facing weight problem: EVERYONE recognises overweight containers as a difficult, some say intractable, problem. That admission has done little to resolve it in the US. The cause lies in a lack of accountability. PAGE It APL unveils rate data system APL has introduced an on-line rate information system
      208 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      1099 23 JARDINE SHIPPING AGENCIES 200 CwitoomarH tad #1246 Sw«tamt. Swppan MM TM *****11 TELEX *0 RS ***** TWINAI^T-nOKII-a BOOKINGS Til *****34 235 PtSAKA JARDINE SHIPPING AGENCIES W PORT KELANG TIL 3M4111 T«tu No. MAJN77MA3WOI PCNAM IIL *****4 TELEX MO MA***** CFS TtL 348H6 PSUOAH6 TEL *****2/3 TELEX NO. MAMM4 Dcdicak'd fu
      1,099 words
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      Page 23 Advertisements Column 2
      832 23 MAERSK LINE DESTINATIONS £3 m H I t/9 M lIM IM I IS/9 IM I 171 in Pi 114 17* IM 2M 25/8 314 M 71 M IVB IM 211 23* 221 221 231 241 2M 291 I 301 wo 4/10 6/10 6/10 11/10 13/10 13/10 ta/10 20/10 20/10 25/10
      832 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      517 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT TOLAOA BAY HEKXLSERO EXPRESS KOWLOON BAY ALASKA MAfIU MONTE ROSA LAMOS BAY city or EomeuflQH LONOON EXPRESS KASUOA 1 P. KELANG SOUTHAMPTON M 11/S 1M 2M IS HAMBURG I BREMERHAVEN LE HAVRE 31/« ALSO ACCEPTING CAMO TO; ALL UN INLAND-DCSTINAT AMSTE ■OfAST. DUBLIN. COPENHAGEN,
      517 words
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      Page 24 Advertisements Column 2
      408 24 V 1 COLUMBUS LINE REEDEREI GMBH (A SERVICt Of HAMHUHG sum EXPRESS SEMI CONT AINER SERVICE TO RMM'OAM NB6 MULL (U.K.) !mo K m um 17/11 TUTTT^TTTTTTTV (ASIA-SOUTH PACIFIC JOINT SERVICE) COLUMBUS NIUGINI VtS MORAYBANK VI2S SPORE 17/1 Port Hornby, Lao, Rabaul. Sfl Port Hornby. Lm. Rabaul, Kimbe Accepting LCL
      408 words
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      Page 24 Advertisements Column 3
      656 24 TO EUROPE REGULAR (VIA FEEDER) PEN PKL L FULL CONTAINER SERVICE FIX HAM MC HOT ANT L» mrmhnm m IoS 12ft "A n ;5 m m lis its ia%B£ i i I I NO*ASIA AL-MANSOORAH M2O-3 M 10* lift JAPAN SEA »W 1M 17/1 1M NORASIA SUN MB2 3 23/1
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  • Page 25 Advertisements
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      854 25 P&O Containers STRAITS SHIPPING CONTAINER SERVICE TO UK CONTINENT S>r* PJM| SM mwi rtema M* M WWW M WWW M W> WWW 11* WWW w w WWW IT* www WW www w www ON T AINERSHIP SERVICE FROM UK CONTINENT •urn express* smm tAABS MY SmM UVEHPOOI MY SmM tONOON
      854 words
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      Page 25 Advertisements Column 2
      771 25 Ttri. OUf\ VAMP I INC WEEKLY EXPRESS INDEPENDENT TArill LI lM C FAR EAST EUROPE FULLY CONTAINERISED SERVICE NANJIN TOMGMAC MM HANJIN ROTTERDAM OMW CMOYANG CHANCE MM HANJIN HASAN MM HANJIN MASAH MK HANJIN LEMARVE MS QUCiN'MAV MIDGE MK CMOYANG MUM MM I* tar NK/KAtyKOK/YOKO/MJSAN 4 M s ■MM Ml
      771 words
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      Page 25 Advertisements Column 3
      227 25 IM LINTERM ARITIME SOUTHERN AFRICA SERVICE DIRECT MOHTHLY &AHJNQB ■MINI FLOWER MS* •Aim calls LL. 4 PI. GENERAL AGENTS: MAI SUN HUP CO. (PTE) LTD. SINGAPORE PORT KELANC PENANC KUALA LUMPUR IB- 2WW TEL MM TEL: &202 M TEL 2QBK i I SUB AGENTS: ROTA KJNAOALU JAKARTA I TEL: *****
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      471 26 r= 7 1 m SINOSE El MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE Si nf] pore Loading for:- AUG BANDAR ABBAS KYOWA LINE mthooucmq KYOWA past direct s/sulk/contamer SERVICE FROM B'PORE/PK TO OUAM/SAPAN AND MICRONESIA PORTS* ETA SPORE LOAD FOR:•SPARKLE'VI ETA 31 AUG M GUAM, SAIPAN
      471 words
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      Page 26 Advertisements Column 2
      697 26 00 HANJIN SHIPPING Xy FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ HANJIN TONC HA£ CHOTANC CHANCE MM HANJIN HASAN MM TO FAR EAST PORTS S'pn H.Kan| K—fclMHg Koto Bum HANJIN HASAN MK 7/1 MVS 11/1 Hf W 17/1 HANJIN U HAVRE MK 14/1 17/1 11/ l ?1/S ZZ/S M/t
      697 words
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      Page 26 Advertisements Column 3
      129 26 INTEROCEAN UNE 78, 2nd Floor, Mm 2/71, Tomon Tun Or. tamoa, MM* KL. Tol: *****34, ***** M, 7H72M TLX. NO. MA-X7M3 FAX: M-7170T1 Ponang Off; Tol: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME F TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG
      129 words
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      Page 26 Advertisements Column 4
      664 26 m EVERGREEN Round-The-World East Bound (FE/CARIB/USEC/EURQ/FF) IVU GARDEN [«U QNOVTH mi cum mi onto WW GRUT ALSO ACCCPTING I i) wanwa. i R MVANNAM. BOSTON PMLAMLPMA. NORfOUt JAOMMMLU. MM. (TC bctbmt. con—w arm mum kiihw kstmatmn «t oh no BALBM Ui 0 MMTRfAL. Round-The-World West Bound (FE/EURO/USEC/CARIB/FE VtSML SGP JIO
      664 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      684 27 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES r t M M 7(1 44M8 1H 17« 1M M ACCtmNQ MURUAAN/TOMAKOMAI/HfTACHVTOVAMA CARGO VU HKQ K SURABAYA/SEMARANG HOT A MCLATI HOT A MCLATI HOT A MCLATI KOTA MCLATI BANGKOK 1 11 SIN 1V» •v>. CONVENTIONAL/SEMI-CONTAINER
      684 words
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      Page 27 Advertisements Column 2
      362 27 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT m m IM 00 *N Ml tm VI Id m I*l lVt EXPRESS CONTAINER SERVICE FROM UK/CONTINENT M MM MM TASMAN ASIA SHIPPING NEW CALEDONIA, FIJI AND NEW ZEALAND MAIN LINE (TO) HKG NOUMEA SUVA AKL NAP TM 11/1 TA VOYAfiER 5S
      362 words
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      Page 27 Advertisements Column 3
      253 27 trr~ft rranrnfr rrrw —-7 ■J .'I.I I'/.iilrrrmv-'" «t. DJAKARTA LLOYD INDONESIAN NATIONAL LINF (A MEMBER OF ANRO) r M m .11 .i ihrni r.gg SINGAPORE fKA JAVA AGENI IE! MAMPEH WIRA SON BHt DJAKARTA LLOYD INDONESIAN NATIONAL L!NF r ANTWEftP/ROAN/ADAII H'tWONfIDI mo zffm «««■> •'M' nj.' j a J^n LOi
      253 words
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      Page 27 Advertisements Column 4
      200 27 BOUSTEAD SHIPPING AGENCIES to MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S'para P.KtUng Ptnanf Bangkok msa* ZVM Ami u/utS _T Z THE BANK LINE CATHERINE CLYDEBANK VSN TAMAITAI SAMOA VISN FORTHIANK V2SN COCIMBUS NIUQNI Ml 17/1 ■OMTBAMK VIS Sfm (CAU.INC MM DIRECT) (PRC parte PORT ■ORESRY/LAE/RARAUL) ORORAV,
      200 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      750 28 Kline K \\V\S.\kl K1 si N K MMI A. Ill) OOCL FAITH OOCL FVIENOSMIP NEPTUNE JAOC OOCL FORTUNE VIA FEEDER OOCL FAITH OOCL FVIENOSMIP NEPTUNE JAOC OOCL FORTUNE ma nan FEEDER VESSEL OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE VOY *INOO 15 7* 15 14/1 20 21* It 28*
      750 words
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      Page 28 Advertisements Column 2
      443 28 aaas&, AUSTRALIA EXPRESS CONTAINER SERVICE AowpMwg FCUKI CoaWiwn »*»w PJMMI fmm LM*«hr Honor \M fmtm fmtm KAUDAS V.« t» Ami UA* 13 A* Fr«*MW3y*tfAM tulsioas *4i i stt ism 7sm fiwmmisr+t*** KALIDAS V4S i Od X Sml 91 tmt fii TULSIOAS *44 MM U Od II Od fr—/Mdhrt)»rf«— KALIDAS 1M
      443 words
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      Page 28 Advertisements Column 3
      310 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD a Tttot Strwt UNCAPOif 01* TIL UOW (M LIN(S) f». UUSM STRAITS/PERSIAN GULF SERVICE: Smn f. (Ufa* OOLMN iSvn MrtMmyii Mm (JOtOCN MA* CoN»*o,Ur«Woul» MM AapNt CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA KTKS *'ta» H'tarj FU AN Hi
      310 words
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      Page 28 Advertisements Column 4
      392 28 EAST/FAR EAST PQ. ft LCI MONTREAL. OTTAWA. TORONTO. a VANCOUVER, I SmiERN ONTARIO LONOON. THUNDER BAY, WINNIPEG. I REGINA. SASKATOON, CALGARY, EDMONTON, ISLOWNA. KAMLOOPS, I VERNON, POmCTON AND ALL INLAND ADELAIDE. FREMANTLE FCI ft LCI S'TOU WKLY M'KOU WKLY i a -i >'* i Ml. FOR fSQUIRUS fcl ft lei
      392 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1104 29 Aftnte Spore NEPTU Quiini Bookuws Bookings Ewmw Ft tU/YuST TPA/S& UmSII *****53 ***** C 27»119 *****16 27MK 2790M1 (CR NO. **********0E) NEPTUNE MENCES PTE. LTD. NEFUNE SON M NEPTUNE ORIENT LINES LTD wans zmn *****0 2WI *****1 6276(2 EXPORT jflSL', n>« V9L/VOY Ptrkut 80S Pwluu #78 P«i>H 888 Parkaaa 898
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      Page 29 Advertisements Column 2
      847 29 SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 220C41/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** PWM P. MUMS MESSRS NAI THONG SMtPPINC 127 Panang Strart. Paaant Malayta ys HANOUNC WTHI CO SON MM)
      847 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      265 30 ''rf.l .1.1 i mm S¥fs KM lAANACA: ACCEPTING CAACO FOR UMSSOU BEIRUT, LATTANA, AUBAMDMA, POTT SAID, PIRAEUS, TXSSAIOHIKI. I2MM. MOSIN. ISTANBUL TO COLOMBO INDIAN SUB CONTINENT 8Z3E33 in E-E3 a; )M!'i T. KNOA 211 n. ccaasKi vsw TO FAR-EAST OUTMNMO L TNAEUMNN V» FROM EUROPE, EAST MEDITERRANEAN, MIDDLE-EAST A INDIAN
      265 words
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      Page 30 Advertisements Column 2
      264 30 FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU I* ETA ETC LOAMM POt SBJ I NOAH SJJI UJI PAIUAM/PK. BALAM RAM MYA SJJB 10X11 PANiANfi lAMPUM MYA UJI 7JJJ PAIUAM/JAKARTA PMAM JAYA 11JJI 11U9 PALEMBAJN/PK- BALAM KHTA JAYA SJJI UJI mUAM/JAKAATA AMM MYA SJJI UJI MIUIRTA/PANMM WBTA NVTAN
      264 words
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      Page 30 Advertisements Column 3
      286 30 Ltd.; REGIONAL CONTuISEP LINE ASEAN PORTS BANGKOK 5 SAILINGS A WEEK Co Ud JJlLJ'.fcJj] BTT3Q j u JAKARTA 2 sailings a week PT Sarana Penida Jkt gel: *****6) SURABAYA -1 SAILING A WEEK PT Sarana Penida Sby (Teh *****) BELAWAN -1 sailing a week PT Sarana Penida Btwi 5.U uTzl
      286 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      99 30 ■> i -I ljt« i.ftL I RVJIVMII WVUIII9I y v v-V 1 .v--f*mf: ><> r ;tv :M w. X A a tiil LfGfNO R Thund»r»»orpn V 9w« Ron t Omt4f Sky 0 I—► On* hM M*c»w nprewwi 10 lu 01 c n r *< 4 >^inn«piin. i (J) Qi*n of
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      424 31 UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 IRAQI LINE IRAQI STATE ENTERPRISE fOR MARITIME TRANSPORT A B. S- C> BANGLADESH NATIONAL LINE ißangiadesh Government Enterprise] S'PORE Ldg for MV Banglar Progoti 7/8 Chittagong, Mongla Accepting container* and break bulk cargoaa through B/L up to Dhaka For
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      Page 31 Advertisements Column 2
      307 31 RICHFIELD MARINE AGENCIES |S| PTE HO TEL *****3J <10 liwn SI F- A X 2?5 71 1S I Tlll RS 35SSJ HISHIP i 3 I .r«es| ACCEPTING FCL AND CONVENTIONAL NETBANET KM DAftESSALAAM MOMBASA OJMOUTI VOY 1M ASSAB MASSAWA HOOCOAH MV AKXNET »10 VOY: 17V» Otfier ports along the rout*
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      Page 31 Advertisements Column 3
      595 31 IV SIGMA EXPRESS (S) PTE LTD TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK B BOMBAY COLOMBO HONGKONG MUARA/LABUAN/KK .1 I f:111 TOKYO/YOKO/KOBE LE HAVRE/HAMBURG FEUXSTOWE/R'DAM KEELUNG/KAOSHHJNG FREMANTLE SYDNEY/MELBOURNE HOMQKONO/ CHMA BAMQKOK P. KELAMQ/PENANG khi umi nmniuwu kIAIM A JAKARTA 14/t A 17/t M A M 11/t A 1M 7/t
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      Page 31 Advertisements Column 4
      193 31 BALTIC ORIENT SHIPPING PTE LTD BAY OF BENGAL SERVICE TWO lAV vm ocmi aocormr vma IBM MM CALAMI V M SUSAK m T(Ct* lAY 77* ieuvc nit «P I* 17/1 ■a i 41.'.* m an m m m w ALL LCL/PCL ACCEPT ABLE TON COMPETITIVE LCL RATI CONTACT ANWAR CONTACT
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      Page 31 Advertisements Column 5
      77 31 REGULAR E XPRESS FCL LCL SERVI( E FARGO SHIPPING CO (P) LTD 19, K«pp«( Raod. #05-07A# Jit Ml BuMim S pore 0208 T* *****22, Fat *****72, Cabic FAMOLINE (•CS ABC CONTAINERLINE N V TO AUSTRALIA/NEW ZEALAND U DATS TO ItIIWTI TO USA/CANADA l- '.li i■ 1 ii-i'ir USA/CANADA/EUROPE/MEDITERRANEAN onEiggcini onaru[jna
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      Page 32 Advertisements Column 1
      58 32 INTERTEAM SHIPPING AGENCIES PTE LTD Wc'vt moved to:80 Anson Road #31-01 A IBM Towers Singapore 0207 Tel: *****27 Tlx: RS ***** ITSA Fax: *****30 WEEKLY SAILING AUG SCHEDULE m 17* 23/1 ASLAPAK SERVICES WEEKLY CONSOL TO BANGKOK FREIGHTMEN PTE LTD TEL *****00 FAX *****90 TLX RB3OOOO (FRTMEN) B THE NATIONAL
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      Page 32 Advertisements Column 2
      629 32 OcebdSebvice LCL/FCL SERVICE TO/FROM "a •tO iwiwii/oWiw to UJA ir JBjMO tracton It trwlß. T I '■"Till• 1 LCL/FCL IMivfl shipctng (Singapore) private limited Cargo tjoolungs Tel: *****88 (5 LINES) <> VIGOUR LINE CONVENTIONAL UNER SERVICE TO XMOANG ft BANGKOK VSL SIN BKK XINGANC JIN SHIN VI 13-UN UN IN
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      568 33 Everett Lines COMPANIA PERUANA DE VAPORES "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. POMMg* P. IWMC IPW THOMASEVERETT In My I Auf MANOLOEVERETT 22/23 Aug ro«verett 1/ ss* 'EVERETT ORIENT LINE'
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      Page 33 Advertisements Column 2
      367 33 Z I M FULL CONTAINER SERVICE acc«tinf FCL/LCL car|o*i to USA Ea*t A «ml Cms! CambboanEail Canada NAITI Coita Rica El Salvador Guatemala Hondura* Vtntiuola R«»u Ecuador Colombia via Miami Trinidad Urtadot Antigua St Lucia RtanHorrat Guyana via Kingston TTT*MMJ vb SI 15# w ait 13/10 MflO ACCEPTIN6 CARGO TO
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      Page 33 Advertisements Column 3
      420 33 ;r//.T;[ u I r. u MMMIQ A TMAWWWrrATKW (TTV) LTD WEEKLY LCL/FCL SERVICE 11 J*'.'' ;T.V J.J. i /.I n 'V/l I A VESSEL DUBAI 11 AUG JEOOAH 13 AUG SYDNEY. MELBOURNE 11 AUG ROTTERDAM. HAMBURG, LE HAVRE 11 AUG •ALSO ACCEPTING CARGO REGULARLY TO ALL EAST MALAYSIA PORTS, BRUNEI.
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      Page 33 Advertisements Column 4
      423 33 PERINTIS LINE weekly full container SERVICE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA SINGAPORE ETA ETC JAKARTA ETA ETD PRASE TIA PRABHAKTI TAN TO UTAMA TANTO UTAMA 12-13 5/08 284-285 8/08 7/08 9/08 9/08 11/08 SINGAPORE SURABAYA iTA ETD ETA ETD »A» 09/08 12/08
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      Page 33 Advertisements Column 5
      363 33 i ■ri- T i PTC CONTAINER LINES FCI ICI SERWICF 6/8 KEELUNG/KAOHSIUNG 8/8 BANGKOK 7/8 MANILA 5/8 JAKARTA 5/8 PORT KELANG/PENANG 10/8 BUSAN 8/8 TOKYO/YOKO/KOBE 10/8 HONG KONG also accepting cargo to Huangpu/Shenzhen/ F u zhou/ Xiamen/Xingang/Shanghat LDN/FLX/LVP/SOU RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations i Tl'.
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      Page 34 Advertisements Column 1
      892 34 n■ TO PSW MERCHANT MARINE CO., LTD EASTBOUND TO USA SIN HKC LBN OAK SEA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE HYUNOAI PIONEER lALANDIA HYUNOAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORER HYUNDAI COMMANDER 2SE 05*0 10/01 20*0 nm 03/01 2se 11*0 vm os/os mm io/o» 27E 10/00 24*0 12*0 IVOO 17/ M*
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      Page 34 Advertisements Column 2
      556 34 a JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST KAOMSIUNC KEELUNC SRI LANKA/ INDIA coiomo BOMBAY HAMAS Vt t 10/1 KARACHI M i 10/1 CALCUTTA 4 10.1 CWTTACOWC VI VI 4 10/1 EUROPE/ UK REGULAR CONVENTIONAL SERVICE TO MANILA LMMKI2/8 SWISS
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      Page 34 Advertisements Column 3
      517 34 /;< rfr MitsciOSKLines Lld FULL CONTAINER nTKnzi'H UK/CONTINENT (TRIO) P Mm( |S°*m ITterf Dirax Ita Lak ?_f Jill MEDITERRANEAN (MED CLUB)* IS«Mm "1 f. Mli realm iwta Sanaa Tr» *=8 z z a Q—m+mi IriM, feed* i, Otft S'oct No*m. NaMaki MEDITERRANEAN (MED CLUB)* JEDDAH hMn P. KaU«l| B'catana VMI
      517 words