The Business Times, 3 July 1990

Microfilm: NL17036
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Tuesday July 3 1990 75*
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  • NEWS SUMMARY
    • Article
      Kosovo Parliament declares independence
      46 1 ETHNIC ALBANIAN legislators yesterday declared their Kosovo province independent from Yugoslavia's biggest republic, Serbia. A declaration by the provincial Parliament said Kosovo would be "an independent and equal unit within the Yugoslav federation with the same constitutional status as the other republics".
      46 words
    • Article
      Nuke policy reversal
      63 1 US PRESIDENT George Bush has proposed that the US and its European allies reverse 30 years of defence doctrine and make nuclear arms "weapons of last resort", the Washington Post reported yesterday. The proposal to move away from Nato's "flexible response" strategy had been circulated among the
      63 words
    • Article
      Thailand ranks tops
      30 1 AUSTRALIANS are said to favour putting their money in Thailand more than anywhere else in the Far East because of the country's better investment climate Page 4
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    • Article
      Plan for Thai air hub
      32 1 THE AIRPORTS Authority of Thailand aims to turn Thailand into a regional air transport centre, with a number of development projects already set for take-off. Page 4
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    • Article
      Capital curbs lifted
      30 1 THE FREE movement of capital among eight European Community countries has became official, creating a free exchange zone for the most financially advanced member states Page 5
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    • Article
      No news is good news
      28 1 WASHINGTON has come up with a novel approach for handling bad economic news. It has decided just to stop reporting it Page 5
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    • Article
      Best-selling legacy
      27 1 AUTHOR Irving Wallace, who died last Friday, left behind popular novels which made him one of the best-read and best-selling 20th-century American authors Page 9
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    • Article
      Agents appointed
      38 1 IN A BID for a bigger share of the US Pacific Coast bulk traffic, the Port of Grays Harbor has appointed two Singaporebased shipping companies as its marketing agents in the region. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow little changed
      43 1 THE New York stock market was little changed yesterday morning, getting off to a tentative start on the second half of the year. The Dow Jones average of 30 industrials rose 0.25 to 2,880.94 in the first hour of trading.
      43 words
    • Article
      Footsie lower
      44 1 SHARE PRICES were little changed at midday yesterday following a lacklustre start on London's Stock Exchange. At about 1100 GMT, the FTSE 100-share index was down 1.4 points, or 0.06 per cent, at 2,373.2, the lowest level so far in the session.
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    • Article
      Big surplus
      32 1 ASIA-PACIFIC Breweries (formerly Malayan Breweries) is selling its Tiger and Anchor breweries sites in Alexandra Road for some $264.17 million, giving it a book surplus of $260 million Page 2
      32 words
    • Article
      H L Credit rights
      33 1 HONG LEONG Credit Bhd is tapping the Malaysian stock market for Msl22 million through a two-for-five rights issue to finance its various operations and reduce existing debt Page 2
      33 words
    • Article
      Indices surpassed
      25 1 DBS BANK'S Shenton Growth Fund and Shenton Thrift Fund have outperformed the Straits Times Industrials Index and DBS CPF Index respectively Page 2
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    • Article, Illustration
      STOCK INDICES
      28 1 Monday Change BT-MGA 790.73 -4.88 Kuala Lumpur .Closed Hongkong 3,319.47 +41.23 Tokyo 32,160.23 +219.99 Sydney 1,495.8 -6.7 Friday Change New York 2,880.69 +1.98 London 2,374.6 +18.9
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    • Article
      CURRENCIES
      20 1 Exchange rates USS SSI.8350 Yen SSI.2148 MS SS0.6772 Money market rates Overnight 7 3/4 unch 3-month 7 5/16% +2/16
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    • Article
      COMMODITIES
      11 1 London Gold PM fix US$357.40 US$5.20 Rubber S'poreAug... 158.25*/kg -0.25
      11 words
    • Article
      Market holidays
      10 1 THE MALAYSIAN and Canadian markets were closed yesterday.
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  • Article
    S'pore, Jakarta working out investment guarantee
    357 1  -  By Yong Pow Ang AN INVESTMENT guarantee agreement is being worked out between Indonesia and Singapore to protect investments against seizure or expropriation. The proposed agreement follows close on the heels of the Double Taxation Agreement signed recently between Indonesia and Singapore. Speaking yesterday
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  • Article
    Lock icon Beijing calls for more Taipei investment
    158 1 AFP THE BIGGEST ever conference on China-Taiwan trade and investment opened in Beijing yesterday with a communist party veteran urging businessmen on the island to pour more money into the mainland. Nearly 600 Taiwan entrepreneurs are attending the three-day conference at a local hotel,
    AFP  -  158 words
  • Article
    Direct flights to Surabaya
    89 1 A DIRECT flight service between Singapore and Surabaya in East Java is expected to start before the end of this year. Officials of SI A and Garuda Indonesia would be meeting in two weeks' time to put the finishing touches to an agreement, said the general
    89 words
  • Article, Illustration
    Two S'poreans set up joint venture hotel in Phnom Penh
    364 1  -  By Suzanne Soh TWO SINGAPOREANS, one of them being Steven Lek Seek Tin of Hiap Huat Holdings, are involved in the setting up of a deluxe hotel in Phnom Penh. The US$2O million Cambodiana Hotel is managed by Singaporean staff
    364 words
  • Article
    Builders can hire more foreigners from January
    522 1  -  By Anna Teo FROM JANUARY 1991, contractors will pay a monthly levy of $350 for every new foreign worker they hire. The levy will be lowered to $250 if the construction worker becomes classified as a skilled worker by passing a trade test
    522 words
  • Article
    Guthrie tops active list as Kumagai unloads shares
    387 1  -  By William Chia KUMAGAI-ZENECON Construction is unloading its Guthrie GTS shares after its managing director and president Low Hua Kin failed to get himself re-appointed to Guthrie GTS's board last Friday. Guthrie shares were the most actively traded counter on the market
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  • Article
    Lock icon Good signs from the East boost German shares
    182 1 Reuter AFP WEST GERMAN share prices leapt by 1.9 per cent in lively trading in Frankfurt yesterday as positive signs from East Germany quelled markets' earlier fears about monetary union and unleashed a wave of buying in German blue chips. Dealers said
    Reuter; AFP  -  182 words
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      Page 1 Advertisements Column 2
      64 1 Nikon The World s Finest Photographic System See Back Page and Pg 5 BT Acronym Contest Don't miss the second part of BTs two-day Acronym Contest. Turn to Page 3 for details and the contest form. Cartier mu/t' 6q (a/Iter BcxXjque/ SINGAPORE #01 -36, Lucky Plaza, 304 Orchard Road. Tel:
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Singapore Aerospace clarifies profit comment
        88 2 SINGAPORE Aerospace Ltd said in a statement to the Stock Exchange of Singapore yesterday that a comment made by its president at a press conference last week that the company's profits are expected to peak again in three years' time should not be construed as
        88 words
      • Article
        QAF names new chairman
        56 2 QAF Ltd has appointed Mr Didi Dawis as chairman and YAM Pg Setia Negara Pg Haji Mohd Yusuf bin Pg Haji Abd Rahim as deputy chairman. YM Pg Anak Ja'afar ibni AlMarhum YTM Pg Pemancha Pg Muda Haji Mohd Alam has resigned as chairman and director
        56 words
      • Article
        Sri Hartamas reduces losses
        54 2 SRI HARTAMAS has reported after-tax loss of MsBo,ooo (loss of M 59.22 million) on turnover of Mslo.B million (M 51.22 million) for the year ended Dec 31, 1989. Loss per share came to 0.06 sen (6.59 sen) while NTA stood at 3.55 sen (3.1 sen). No
        54 words
      • Article
        Ganda still in the red
        120 2 GANDA Holdings Bhd has reported group loss after tax and minorities of M 52.72 million (loss of M 52.73 million) on turnover of M 571.86 million (M 591.07 million) for the six months ended March 31,1990. Loss per share came to 3 sen (same). No
        120 words
    • Article, Illustration
      Asia-Pacific Breweries to sell Alexandra Rd sites
      613 2  -  By Conrad Raj ASIA-PACIFIC Breweries (formerly Malayan Breweries) is selling its Tiger and Anchor breweries sites in Alexandra Road for $264.17 million, giving it a book surplus of $260 million. The book value of the properties is only $3.86 million. The transactions, through
      613 words
    • Article
      Shenton Growth, Thrift funds outdo STII
      294 2 DBS BANK'S Shenton Growth Fund and Shenton Thrift Fund have outperformed the Straits Times Industrials Index and DBS CPF index respectively, the bank said yesterday. The Shenton Growth Fund, which invests primarily in Singapore and Malaysian stocks, appreciated by 8.4 per cent for the
      294 words
    • Article
      Kim Eng applies to set up KL research office
      207 2 AS PART of its plans to expand regionally, stockbroking group Kim Eng Holdings has applied for a licence to set up a research office in Malaysia. The group said during its recent listing that it intended to spend $1 million from
      207 words
    • Article
      H L Credit plans rights and bonus issues
      357 2  -  By Magdalene Ng HONG LEONG Credit Bhd is tapping the Malaysian stock market for Msl22 million through a two-for-five rights issue to finance its various operations and reduce existing debt. Directors of HLC are also proposing a three-for-five bonus issue. New shares
      357 words
    • Article
      Grand Central buys 12.8 pc stake in Sunshine Allied
      262 2 GRAND Central Investment Holdings pie, the Londonbased holding company of Malaysian businessman Ishwar Nahappan, has acquired 1.33 million shares in locally listed chocolate maker Sunshine Allied Investments (SAIL) at $4.50 a share or a total of nearly $6 million. The cash
      262 words
    • Article, Illustration
      Lock icon Yaohan plans to expand into Chinese market in the 1990s
      385 2 Reuter YAOHAN International Co Ltd, the Japanese gjobal department store chain which switched its corporate headquarters to Hongkong from Tokyo when many companies were relocating elsewhere ahead of 1997, plans to expand into China during the *****, chairman Kazuo Wada
      Reuter  -  385 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      219 2 I EXECUTIVE I I JOBS I STOCK EXCHANGE OF SINGAPORE SUPPLEMENT 1990 The global equity market Is losing much of its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the increased risk or volatility
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  • COMPANY NEWS
    • Article
      Lock icon Samsung now in microchip big league
      596 3 Reuter AT A PACE few imagined possible, South Korea's leading semiconductor firm Samsung Electronics Co Ltd has muscled its way into the major leagues of microchip manufacturing. The company now makes IVi to eight million onemegabit dynamic random access memory (DRAM) microchips a month,
      Reuter  -  596 words
    • Article, Illustration
      Lock icon New Philips chief forecasts US$ lb loss
      343 3 Agencies THE NEW chairman of the troubled Dutch Philips electronics group has warned shareholders that the company might make a loss of US$l billion in 1990 and that the workforce would be cut by 10,000 people. Mr Jan Timmer, 57, told an extraordinary
      Agencies  -  343 words
    • Article
      Lock icon Hitachi to merge subsidiaries in US
      130 3 Reuter HITACHI LTD will launch the operation of a new company, Hitachi Home Electronics (America) Inc, this October in California, a company spokesman said yesterday. The new firm will be a merger between Hitachi Consumer Products of America, Inc, a wholly-owned subsidiary of Hitachi,
      Reuter  -  130 words
    • Article
      Lock icon Parker to buy Damson partnerships
      315 3 Reuter PARKER and Parsley Development LP said in Texas yesterday it and various affiliates have agreed to acquire the assets and liabilities of eight limited partnerships affiliated with Damson Oil Corp. Under the pact, Parker and Parsley Development and the Damson partnerships will be consolidated
      Reuter  -  315 words
    • Article
      Lock icon Bangkok Bank expects higher net profit
      231 3 Reuter BANGKOK BANK Ltd said it expects net profit in 1990 to rise to 3.08 billion baht, or 43.56 baht a share, from 2.48 billion or 41.29 baht in 1989. In a report to the Securities Exchange of Thailand the bank also said it
      Reuter  -  231 words
    • Article
      Lock icon Ratners to acquire Kay Jewelers through merger
      478 3 Reuter UK JEWELLERY retailer Ratners Group pic said it will acquire US concern Kay Jewelers Inc via a recommended merger and is aiming to raise 129.8 million through a one-for-four rights issue to help finance the deal. The aggregate of sums offered for
      Reuter  -  478 words
    • Article
      Lock icon German retailers eye dept store chain
      134 3 Reuter FOUR WEST German retailers and a mail-order firm are negotiating a joint takeover of Horten AG, the fourth largest department store chain which was put up for sale nine months ago, the weekly newsmagazine Der Spiegel said. The plan calls for textile chain
      Reuter  -  134 words
    • Article
      HK Bank ATMs in 3-country link-up
      255 3  -  From Catherine Ong in HONGKONG THE Hongkongßank group has linked its cash machines in Hongkong to those of its 14.9 per cent owned associate in UK as well as its subsidiary in the United States, creating one of the largest networks in the world.
      255 words
    • COMPANY BRIEFS
      • Article
        Bridgestone sets up European head office
        82 3 BRIDGESTONE CORP will set up a European head office Bridgestone/Firestone Europe SA for overall planning and management of the European operations of both Bridgestone and Firestone. Bridgestone's wholly owned new company in Brussels, capitalised at 18 million Belgian francs, will complete official registration of
        82 words
      • Article
        Indon firm gets US$ 180m loan
        69 3 PT INTERNATIONAL Nickel Indonesia has borrowed US$lBO million from a syndicate of one French and 12 Japanese banks for refinancing of debt and capital spending. The loan, arranged by the Long-Term Credit Bank of Japan Ltd, carries interest at a floating rate based on
        69 words
      • Article
        BOC to buy rest of subsidiary
        78 3 GAS supplier BOC Group pic said it plans to buy the outstanding 12.5 per cent of its Australian subsidiary Commonwealth Industrial Gases Ltd (CIG) for A 56.10 a share. BOC deputy chairman Paul Bosonnet said the offer price represents a 22 per cent premium
        78 words
      • Article
        Fibre maker raises stake
        89 3 JAPANESE synthetic fibre maker Toray Industries Inc has bought another 40 per cent of US joint venture Toray Thioko! Co Ltd from Morton International Inc. The firm is owned by Toray, Nomura Jimusho Inc and Morton International Inc, a US maker of synthetic fibres. Toray now
        89 words
      • Article
        Shimizu in Hungary
        69 3 SHIMIZU CORP has set up a wholly-owned subsidiary in Budapest, Hungary. The new company, called Shimizu Hungary Construction Ltd, was set up with the aim of receiving orders from West European companies looking to establish offices and resorts in Hungary. Shimizu hopes the office will help it
        69 words
      • Article
        Allianz buys stake in Thai firm
        62 3 WEST GERMAN insurer Allianz AG Holding said it had bought a 10 per cent stake in Thai insurance company Navakij Insurance Company Ltd. For just over three million marks Allianz has had a cooperation agreement with Navakij for several years. Overseas companies are prevented
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      • Article
        Swiss insurer buys NZI Life
        103 3 SWITZERLAND'S Zurich Insurance Co said it had bought NZI Life, the Australian life insurance subsidiary of New Zealand International Corp (NZI), for an undisclosed sum. A Zurich Insurance statement said the move was in line with its strategy of strengthening its presence in Australia. NZI
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      261 3 Business Times ACRONYM CONTEST Test your knowledge and win one of 5 vouchers valued at $400 each HOW tO ClltCr Back issues of Business Times can be a t I, <• o purchased from the reception counters A contest form Will appear for 2 News Centre, 82 Centing Lane, days,
      261 words
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  • THE REGION
    • Article
      Aussie investors favour Thailand, says survey
      301 4 AUSTRALIANS favoured putting their money in Thailand more than anywhere else in the Far East because of its better investment climate, according to the Bangkok Post. Prime Minister's Office Minister Korn Tapparangsee, said on Friday a thorough survey in Australia revealed that Australian businessmen
      301 words
    • Article
      Lock icon Thai army refuses audit request
      156 4 AFP THAI army Commander-in-Chief Suchinda Kraprayoon has refused to give details of arms deals to the govern-ment-run Auditor-General's Office (AGO), the official Thai News Agency (TNA) announced on Monday. TNA quoted General Suchinda as saying that when national security was involved the army could not
      AFP  -  156 words
    • Article
      Lock icon Number of tourists to Indonesia up 40pc in Jan-May
      187 4 Bernama INDONESIA recorded an almost 40 per cent increase of tourist arrivals in the first five months of this year as preparations are being accelerated to launch Visit Indonesia Year 1991, a minister said yesterday. More than 759,000 tourists visited the
      Bernama  -  187 words
    • Article
      Lock icon Australian miners and Greens battle over Coronation Hill
      385 4 Reuter A SCRUB-COVERED hill sitting on rich seams of gold, platinum and palladium has become a battleground for Australia's mining industry and environmentalists. To the mining industry, the hill south of Darwin in the Northern Territory has the potential to earn millions
      Reuter  -  385 words
    • Article
      Plans to turn Thailand into air transport hub
      416 4 THE AIRPORTS Authority of Thailand (AAT) aims to turn Thailand into a regional air transport centre, with a number of development projects already set for take-off, according to AAT managing director Somboon Rahong. On the occasion of the AATs 11th anniversary on
      416 words
    • Article, Illustration
      Lock icon Aquino reviews troops at airbase
      40 4 President Corazon Aquino reviewing troops during ceremonies marking the 43rd anniversary of the Philippine Air Force at Villamor airbase yesterday. At her left is air force chief Maj Gen Gerardo Protacio. AFP picture AFP picture
      AFP picture  -  40 words
    • Article
      Lock icon Manila bill to protect Taiwanese capital
      252 4 AFP THE Foreign Department in the Philippines is preparing a bill that would protect Taiwan investments in the Philippines while recognising Beijing as the sole Chinese government, an official said in Manila on Sunday. The official said the proposed legislation would grant Taiwan concerns
      AFP  -  252 words
    • Article
      Laos passes laws to liberalise economy, attract investment
      262 4 COMMUNIST LAOS has passed five key economic laws aimed at providing the badly needed legal structure for policies designed to liberalise the economy and attract foreign investment, the official news agncy reported. "The deputies (of the Supreme People's Assembly) have passed Five
      262 words
    • NOTE BOOK
      • Article
        Visit by Alatas seen as a boost to ties
        118 4 INDONESIAN Foreign Minister Ali Alatas's current visit to China is expected to boost trade ties between the two nations, the official China Daily newspaper said yesterday. "As developing powers in Asia, our two countries have great potential to develop bilateral economic
        118 words
      • Article
        Fewer second-hand cars
        65 4 THE number of imported second-hand cars to Thailand dropped sharply ot an average of only 242.5 units per month over seven months after the Customs Department imposed its new method for calculating depreciation. According to The Bangkok Post, the volume of imported second-hand cars averaged 616 units
        65 words
      • Article
        ADB grant for Laos
        61 4 THE Asian Development Bank (ADB) has approved a US®3OO,OOO technical assistance grant to Laos for an education project. The Manila-based bank said yesterday that the grant, to be financed from the French technical assistance grant fund administered by the ADB, aims to prepare a project feasibility
        61 words
      • Article
        Private traders in Burma
        84 4 A TOTAL of 1,367 Burmese private traders have officially registered with the military government. The state-run Rangoon Radio reported in a dispatch monitored in Bangkok on Sunday that 1,017 exporters and 350 importers were registered since the military government's decision to adopt an open-door economic system
        84 words
      • Article
        More visitors for Penang
        78 4 THE number of direct foreign tourist arrivals in Penang in the first five months of this year was 115,193, representing a 44 per cent increase over the same period last year. Penang had achieved a marked growth in the tourism sector since 1986, state tourism committee
        78 words
      • Article
        Joblessness up in China
        82 4 SOLDIERS and policemen demobilised this year are joining a huge army of unemployed in China. The China Daily said yesterday that more than 30,000 demobilised security force members are having trouble finding jobs because government departments are not allowed to expand and state enterprises are not
        82 words
    • Article
      Myanmar's decision to raise log prices hinges on study
      358 4 MYANMAR Timber Enterprise (MTF), the Burmese government firm handling Thai logging company concessions, will send a factfinding mission to Thailand to study the Thai market before it decides to raise its timber prices. A Thai team held talks with MTF officials
      358 words
  • Page 4 Advertisements
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      116 4 SI Scalpel...scissors...siftures.„ Business Times Whether you're a surgeon, lawyer, contractor or engineer, all the current trends that affect them. you need to be kept well informed to maximise returns on Essential information accessible every business day your money. th rou gh Business Times. In he s*™ a surgeon needs his
      116 words
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  • THE WORLD
    • Article
      Lock icon Critics rap US government for dropping investment statistic
      629 5 AP THE US government has come up with a novel approach for handling bad economic news: it has decided just to stop reporting it. The statistic in question is the annual assessment of the country's global investment standing, which in the past
      AP  -  629 words
    • Article, Illustration
      Lock icon E German firms grapple with the mighty mark
      394 5 AP EAST GERMANY'S 8,000 companies yesterday entered their first day doing business with the mighty West German mark, a mixed blessing that is expected to force many to close down. In West Berlin and West Germany, stores were bracing for a storm
      AP  -  394 words
    • Article
      Lock icon UN trusteeship proposal for Kuriles
      173 5 Reuter A LEADING Moscow commentator has suggested that four Pacific islands held by the Soviet Union but claimed by Japan could be put under UN trusteeship and turned into a Soviet-Japanese special economic zone. The proposal, which has not been publicly advanced by Soviet officials,
      Reuter  -  173 words
    • Article
      Lock icon Eight EC states lift capital curbs in first step to union
      287 5 AFP THE FREE movement of capital among eight European Community countries became official last Sunday, creating a free exchange zone for the most financially advanced member states. Citizens of Britain, Denmark, France, Italy, West Germany and the three Benelux
      AFP  -  287 words
    • Article
      Lock icon Chunnel schedule is on track
      566 5 AP THE undersea "Chunnel" linking England and France is halfway dug and due to open on schedule in three years despite unexpectedly high costs. Privately-funded Eurotunnel is having to seek billions of pounds in extra funding, and its hopes of getting a high-speed rail link
      AP  -  566 words
    • Article
      Lock icon Romania needs US$ lb a year, says Finance Minister
      240 5 Reuter ROMANIA needs US$l billion a year in foreign cash to repair the damage left by executed dictator Nicolae Ceausescu, says the country's new Finance Minister. Mr Theodor Stolojan said in Bucharest last Sunday that an International Monetary Fund (IMF) team
      Reuter  -  240 words
    • WORLD WATCH
      • Article
        Nato heads to discuss US arms pullout plan
        103 5 SIXTEEN WESTERN HEADS of state and government, meeting at a North Atlantic Treaty Organisation summit this week in London, are expected to consider a proposal by Washington to withdraw all US nuclear artillery shells from Europe. Diplomatic sources in Brussels said yesterday
        103 words
      • Article
        Smaller fruit harvest for Europe
        105 5 EUROPE'S production of apricots, nectarines, peaches and pears this year will fall short of last year's harvest, the Organisation for Economic Cooperation and Development (OECD) said in a report released last Sunday. It said the apricot and pear harvests would be down by 15 per
        105 words
      • Article
        African conference opens
        110 5 A CONFERENCE on African development officially opened last Sunday in Maastricht in Holland as African nations face competition from Eastern Europe in their bid to attract funds to bolster faltering economies. Representatives from 43 African countries, about 20 donor countries, the World Bank, the International Monetary Fund,
        110 words
      • Article
        Austerity measures for Peru
        135 5 PERUVIAN PRESIDENT-ELECT Alberto Fujimori will implement drastic economic austerity measures to stabilise Peru under an outline accord reached with the International Monetary Fund (IMF), The New York Times reported last Sunday. Under the plan finalised in New York last Friday with IMF officials and other multi-lateral
        135 words
      • Article
        Military help on housing urged
        101 5 M. SOVIET DEFENCE MINISTER Dmitri Yazov has said the military must help state construction workers build housing for the tens of thousands of soldiers and their families returning from service abroad. He told the government newspaper Izvestia last Sunday that the housing crisis facing troops
        101 words
    • Article
      Lock icon US Democrats favour higher taxes for the rich
      259 5 Reuter DEMOCRATIC leaders of Congress on Sunday said they favoured raising taxes for upper income earners as part of a bipartisan package to tame the US$l6O billion US budget deficit. "That is and has been my position," Senate Majority Leader George Mitchell,
      Reuter  -  259 words
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      89 5 CONTACT LENSES PHILIP D. IZAAC LCQ (lOND) MEMBER OF THE BRITISH CONTACT LENS ASSOCIATION Consultation Hours: Mon To Sat: 10.30 am 7.00 pm Sun Public Holidays 11.30 am 6.00 pm PHILIP D IZAAC OPTOMETRIST-CONTACT LENS CLMC 02-26 Paragon Shopping Centre 290 Orchard Road Tel. *****66 I Win I Boctok 4
      89 words
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  • Article
    Moving with the times
    471 6 EDITORIAL ITs still a man's world in Singapore, that much is certain. Beyond that, the changing structure and dynamics of Singapore's economy and society also mean that expectations of men and women are being slowly but inevitably reshaped. In the economic sphere over the past two
    471 words
  • WHAT THE OTHERS SAY
    • Article
      The open skies of politics
      244 6 IT IS growing increasingly clear that no matter how effectively the communists re-establish economic and political order in post-Tiananmen China, they cannot recreate the legitimacy of their rule. Even concessions such as the release of its famous dissident Fang Lizhi and his wife cannot stop
      244 words
    • Article
      Challenge of criticism
      92 6 TRADE and Industry Minister Brigadier-General (Res) Lee Hsien Loong has made it clear the Growth Triangle comprising Singapore, Johor and Batam will be meaningless if it benefits only one party. In fact, complementarity between the three economies is the very basis of the three-way relationship. Let the
      92 words
    • Article
      Mandarin solution
      132 6 TAIWANESE Professor Mei Kuang, who is here to help boost the teaching and learning of Chinese, has suggested that the learning of the language in primary schools should focus on its spoken form, Mandarin. The written form is of secondary importance. But, can the learning of a language
      132 words
  • REGIONAL VIEWPOINTS
    • Article
      Building confidence
      158 6 TODAY'S date is one of triple significance for Hongkong. In exactly seven years, sovereignty over Hongkong will revert to China, bringing an end to almost a century-and-a-half of British colonial rule. There are two ways of viewing the future. Hongkong can believe the Doomsday merchants and prepare for
      158 words
    • Article
      Peace is long overdue
      175 6 STRICTLY speaking. Son Sann, the leader of the Khmer People's National Liberation Front, committed a diplomatic faux pas by openly calling on General Chavalit Yongchaiyudh to ask for his help in organising yet another meeting of leaders of the four Cambodian factions in Bangkok. He did
      175 words
    • Article
      Of mutual interest
      136 6 WE CONSIDER General Vo Nguyen Giap's current visit to Indonesia as most important, because the impressions and the new ideas which he may acquire here may well help Vietnam in overcoming the internal delemma that is being faced by the country's Communist Party. It is our impression
      136 words
  • Article, Illustration
    Canada's natives find a voice
    1022 6  -  An attempt to bring Quebec into the Canadian Constitution was killed last month by a lone native member of a provincial assembly. Paul Gopal, writing for BT from Ottawa, says that this underlines the need for Canada to realise that the realities of its own
    1,022 words
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      Page 6 Advertisements Column 1
      48 6 Defence group restructures sprawling empire How should Singapore use its A tax haven on Singapore's Scouting new territories for markets The Singapore label finds a niche abroad It's time for Malaysia's Silicon Island jflfflkyP to i spotlight on Guthrie GTS v THOBhp and Na stee| JULY 1990 $4
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  • Page 6 Miscellaneous
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  • SPORTS
    • Article, Illustration
      Lock icon Lineker puts England through
      594 7 AP GARY LINEKER's ice-cool finishing from the penalty spot on Sunday ended Cameroon's memorable journey through the World Cup. Two penalty strikes by the player who led all scorers in the 1986 World Cup in Mexico gave England a 3-2 extratime victory over the Africans and
      AP  -  594 words
    • Article, Illustration
      Lock icon German pressure pays off
      434 7 AFP A PENALTY from captain Lothar Matthaeus in the 24th minute was enough to take West Germany into the last four of the World Cup for the eighth time in 10 tournaments as it beat Czechoslovakia 1-0 on Sunday. Although the Germans dominated the match from
      AFP  -  434 words
    • SIDE LINES
      • Article
        Niemczak sets record in SF Marathon
        112 7 ANTONI NIEMCZAK of Poland took the lead with less than two miles (3.2 kms) to run and won the San Francisco Marathon in course record time on Sunday. Niemczak overtook Andres Espinoza of Mexico at the 25-mile mark and outran him to the wire,
        112 words
      • Article
        Bauer leads Tour de France
        88 7 CANADIAN Steve Bauer took a 10-second lead in the Tour de France cycling race on Sunday, jumping from 19th place to earn a two-second advantage in the morning's first stage and then extended it by another eight seconds in the afternoon team time trial. Bauer
        88 words
      • Article
        Levi wins Greater Hartford
        67 7 WAYNE LEVI became the first three-time winner on the US PGA Tour on Sunday when he shot a three-under-par 67 to win the Greater Hartford Open in Connecticut. Levi, who has won three times in six weeks, finished 13 under par on 267 for the 6,531-yard,
        67 words
      • Article
        Robinson triumphs
        92 7 CHIP ROBINSON slipped past Davy Jones's Jaguar with five laps to go to win Sunday's Camel Continental VII International Motor Sports Association Camel GT prototype sports car race at Watkins Glen International Raceway in New York. Robinson moved his Nissan GTP ZX-Turbo underneath Jones's car in turn five
        92 words
      • Article
        Mets to meet Reds
        69 7 THE New York Mets and Cincinnati Reds meet in a series once more this season. At least that's the plan for now. Mackey Sasser led off the ninth inning with a bloop double and scored when first baseman Ken Griffey Sr threw away a bunt on
        69 words
      • Article
        Trevino clinches Seniors
        58 7 LEE TREVINO triggered memories of Merion and Muirfiekl on Sunday as he outduelled Jack Nicklaus to win the US Senior Open golf championship at the Ridgewood Country Club. Trevino came from one stroke back by posting a five-under-par 67 for a 13-under-par total to beat Nicklaus by
        58 words
      • Article
        Player found dead
        85 7 DOMINIQUE BOUET, a prop forward for the French rugby union side, was found dead in bed in his hotel room in Noumea yesterday by a team-mate hours after celebrating the end of the team's tour of Australia. Bouet, 26, died overnight on Sunday from "natural causes" according
        85 words
      • Article
        Hawkins' feat'
        79 7 ANDY HAWKINS of the New York Yankees on Sunday became only the second player to pitch a complete-game, no-hitter and lose in the US major leagues, falling 4-0 to the Chicago White Sox on two outfield errors in the eighth inning. It was the sixth no-hitter this season
        79 words
    • Article
      Lock icon Walton clinches French Open in sudden death
      440 7 AP IRISHMAN Philip Walton rolled in a 75-cm putt for par on the second hole of a sudden-death playoff on Sunday to beat West Germany's Bemhard Langer and win the U*****,000 French Open golf championship in Chantilly. Walton, 28, sank an uphill eight-metre
      AP  -  440 words
    • Article, Illustration
      Lock icon Cash out to check Becker's march
      539 7 Reuter AP PAT CASH's black -andwhite chequered headband and Boris Becker's red hair are very familiar sights at Wimbledon. One or the other would have disappeared yesterday when the pair were scheduled to meet in an uncompromising fourth round match. The two men both
      Reuter; AP  -  539 words
    • Article
      Lock icon Salsabil flies to victory in Irish Derby
      239 7 AP SALSABIL became the first filly since 1900 to win the Irish Derby on Sunday, using a late surge to beat last-min-ute entry Deploy by three-quarters of a length and spoil jockey Pat Eddery's bid for a sweep of Europe's major derbies. Willie
      AP  -  239 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      258 8 WHERE TO WINE. PINE AND ENTERTAIN... WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, PINE... Some like it hot rlSf? -1 The Szechuan Court is proud lo present the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills as legendarv as the great
      258 words
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      Page 8 Advertisements Column 2
      289 8 A SIHRkLING NEW FORMATION APPEARS TOMGHTAOOM scans RQ\D CANOPY BAR —»fni ami li<ap<f*f With its spectacular glass frontage, the Canopy Bar lis the ideal place to see the stars It's jlso\Singapore'\ newest and most exclusive rendc/wius The Canopy Bar. upstairs at the Hyatt I OUfrJGF Happy Hours from spm-B.oopm. Buy
      289 words
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      Page 8 Advertisements Column 3
      232 8 TAKE UP SINGING IN THE STREETS. Come karaoke with our cordless mike, choose from our latest discs. We set it all right for you the song, the tune, the mood and even our snacks. Only at the Streets. Nightly. >u«K 1 Si ROSE GARDEN SICHUAN RESTAURANT f» Level 5. Golden
      232 words
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      Page 8 Advertisements Column 4
      375 8 a Oyster Rockefeller, Roast Pork loin stuffed with chillies, .jL Prawra Creole, Flapjacks, Apple Pie... the list roes on at The x Belvedere's American Buffet in July For a true-blue American meal, c'mon over to The Belveoerr Americaa Bmfiet l—tfc July 1-31, noon 2.30pm if Adult: $36++ Child below 10
      375 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      682 8 TELEVISION AND RADIO T 1 J <?BCI2 4,45 n* l Vartety Sptdal Hong Kong Seven's 1990. rTt T1 Salam Aidiladha; Ketika 11.35 Clox. 3.Z1 IXSIILvI 7JO PH Fashion Tatarision (Last 6.00 79l^aOML O episode). This week, Jeanne 0.30 ftflc* fjf"* *■***"> r 3 Beker interviews Pierre 7.00 data and Mb
      682 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Wallace's facts and fiction
      923 9  -  Richard Severo recounts the tale of the master story-teller who passed away last Friday Richard Severo NYT IRVING WALLACE, whose popular novels over the past 30 years made him one of the best-read and best-sell-ing 20th-century American authors, died of pancreatic cancer last Friday at CedarsSinai
      NYT  -  923 words
    • Article, Illustration
      Lock icon Scholars invading privacy, charges Joyce's grandson
      776 9 Reuter JAMES JOYCE'S grandson has attacked scholars for failing to respect the family's privacy in the course of research he sees as largely needless. "The Joyce family privacy has been invaded more than that of any other personality this century," Stephen James Joyce told
      Reuter  -  776 words
    • Article
      Designer Lacroix fails to overturn court ruling
      788 9 CHATTERBOX FRENCH fashion designer Christian Lacroix has failed to overturn a court ruling which found him guilty of "disloyal competition" with his former employers. A Paris appeal court last week upheld a 1988 court sentence which fined Lacroix and financial backers Financiere Agache
      788 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      232 9 AND ENTERTAIN A Yen For Fresh Japanese Food. tWEM HI fcfi 5 LUNCH: 12 NOON fS S TO 2.15PM. 4 v n I DINNER: 6.30PM TO EE ~i |EH I '015PM =cE 3 m 8 PRICES SUBJECT TO 10* SERVICE J CHARGE AND I*l RHhHL39HBHHHMW« 4* CESS. Unkai flies in
      232 words
    • Advertisement
      Page 9 Advertisements Column 2
      127 9 /vSfc> Tn/xi|/ a Restaurant and 1 KUIIVA\ Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE Shashlik A La Troika Borsch Baked Alaska Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 2.30pm 7.00pm to 2.00 am Dinner: Mondays to Sundays J e 6.00pm to 10.00pm Fax: *****33 133
      127 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Market drifts lower in lethargic trading
      4332 10  -  By Magdalene Ng LOCAL SHARES closed weaker yesterday in dull and lethargic trading as investors remained on the sidelines ahead of a local holiday today. The market traded sideways in the morning and drifted lower in the afternoon session. Said a broker 'The market
      4,332 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4057 11 Main Board Asia Pacific 985 +45 +4.8% Prima 635 +15 +2.4% SIA Foreign 1810 +10 +0.6% FELS50 1 710 +10 +1.4% NOLWt 114 +10 +9.6% Iidan50* 865 5 +0.6% Jurong Ship50* 805 +5 +0.6% Semb Shipyard 715 +5 +0.7% UOB 645 5 0.8% B Sembawang
    4,057 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      242 12 fiBHH Ml Ymt firMf Nat Nat Minings firwi mm ta praflt/lass (L) par »Jur« dWidarwJ ('000) (cants) Jufonj Enf Jun 27 Dec 89 $4,7591 ($3,320) —<13 3) 7.5(15) Hcu Corpn Kin 26 Jan 90 M$3,512($4,880) 3.3(4 6) 7(7) SIA Jun 25 Mar 90 $1.200,600(1985,300) 188 4(159 0) 35(15)
      242 words
    • Article
      PRELIMINARY RESULTS
      184 12 C—fiay Date Yaar Graap pre-tax tot Minings Croat ami to prallt/laas (L) par shara dhridand i'000> (carta) Ala Hdgs Jun 29 Mar 90 $1,786(11.672) 5.4(5.6) 6(6) Ha Sun Hup Jun 29 Mar 90 $17,429($15.638|) 9.2(9.6) 10TE(NA) Metatock Jun 29 Mar 90 $7,171 ($5,280 20.8(14.5) 10(8) Potytek Jun 29
      184 words
    • Article
      INTERIM RESULTS
      154 12 CMipcny Date Ma H-year Group pro-tax later** ua to praflt/toM (L) dhrldend ('000) Pacific Can Jun 29 Mar 90 $68L(-) CASH Jun 26 Feto 90 M$669L($500l) Asia Pacific Jun 22 Mar 90 $48,108(151.412) 15 4(12 3) FM Jun 22 Mar 90 J75.678($75,627) 9.2(9.2) Aram Jun 8 Mar 90
      154 words
    • Article
      CORPORATE DEVELOPMENTS
      439 12 Jui 29 Hotel Marco Polo mil spend $600 m, including land cost, to build an office and retail complex on the Paterson Road site. IMM hdwtrial Corporation has gained J2.27m from the sale of its 30% stake in First Capital Land, the owner of Tung Centre in Collyer
      439 words
    • Article
      DIVIDENDS ANNOUNCED
      779 12 Current Ex Books Date Total «er Total for payment data doao payaMo tko year last year AMP Jun 20 Jul S Aug 15 129aan Amcd 10% Jun 18 km 28 Jul 16 101 10% Mi Padk 15.41(1) Jul 4 Jul 16 Jul 20 15.4% 35.8% Anno 75%TE(I) Oct
      779 words
    • Article
      RESULTS DUE
      444 12 Singapore Stocks Last Full Yoar Cow NM 0»t. Ytar Mtt EPS Gn» Net announced «A| (cafe) <•» pre* m t*« (rooo) Man Fn* Feb 28 No* 89 391 10.0 11.728 leang teat Menm Mar 30 Ok 89 5351(h) QB Menm Apr 26 M 90 9.3(a) 2.3TE(a) 4.747 Tat
      444 words
    • Article
      APPROVED ISSUES
      238 12 Company Rights hwt KB Corpn Onelorthree MSI 60 per share $30 131m 1% Convertible Unsecured Loan Slock of M$1 00 nomrat vatue to be issued on Die bass of 1 CULS tor every ftjht stares held F i date )un 6 Books dose: Jun 20 Acceptance t Payment
      238 words
    • Article
      BONDS, LOANS & WARRANTS
      637 12 BONDS, LOANS WARRANTS rim>inj Cwnlw wm\mi Ciwnlm I— tf orBBwry 4 UCIR Before 26/4/93 1 warrant plus S3 09 cart C—iwiy tea* CiiuTT) 2/10/89 to 20/10/94 1 warrant pin $1 cart Of 1 warn* ptos $1 nomral amount ot ban stock Qui H«p fetes Qm N* HI March 87 to
      637 words
    • Article
      PROPOSED ISSUES
      555 12 Company Rights Issue Causewiy kw Cap** reduction scheme to refoce par value of shares from SI 00 to JO GO; fbghts issue of 3:2 ft SO GO per share CUM One-tor-one ft MJ4 00 per share Every tour rights shares would be ssued with one TSR. FACE Caprtal
      555 words
    • Article
      COMPANY MEETINGS
      215 12 Neptune Orient Lines Ltd: Meeting of CCPS holders and EGM at 456 Alexandra Road. #04-00 NOL Budding, Singapore 0511 on Wednesday, July 4, at Ham. Lion Corporation Bhd: EGM at Room 506, sth Floor, Wisma SPS, 32 Jalan hnbi, ***** Kuala Lumpur on Thursday, July 5, at 11am.
      215 words
    • Article
      RECORD HIGHS & LOWS
      148 12 RECORD HIGHS LOWS ST industrials Index BT Composite Index 1990 Mt 1607.12 (27/3/90) iMQ Mt *****2 (6/2/90) 1990 tar. 1458.18 (2/5/90) 1990 tor 1254 18 (2/5/90) 19t9 1487 76 (26/12/89) 1989 Mt 1322 00 (28/12/89) 1989 tar. 1030.69 (4/1/89) 1989 tor 917 42 (4/1/89) 1988 Mt 1177.87 (8/8/88) 1988 Mt
      148 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      141 12 BT SURVEYS Looking Wider, Thinking Deeper Some subjects are of such Interest to our readers that they demand more space and more research than can be given In our dally reporting. As part of BT's overall service we have always recognised this and tb,ken the necessary steps. Filling the gap
      141 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Index futures arbitrage gives a fillip to prices
      2240 13 TOKYO STOCKS closed higher yesterday on a stronger yen and buying linked to index futures arbitrage activity. Some domestic demandlinked issues advanced as high-tech electricals came off their highs on profit-taking after being the focus of the market for most of last
      2,240 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Hang Seng index breaks through 3,300 barrier
      2507 13 SHARE PRICES rose sharply in active trading on the local market yesterday, with the Hang Seng index topping the psychological 3,300 barrier for the first time since last year to reach a new record high. "Buying is across the board and not from
      2,507 words
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  • REGIONAL STOCK MARKETS
    • Australian prices fall in very slow trade
      • Article
        Untitled
        292 14 Taipei Jum29 NTS 1st Sec Fund 1 AH Sincere Indus 41.00 -0.9 Asia Cement 84.50 +5.5 Cathay Construe 76.00 +3 Cathay Life Ins 746.00 3.. Chang Hwa Bank. 345.00 +3 Chen Shin Rubber 53.00 +2.5 Cheng Loong 39.60 +2.2 Chia Hsin Cement 70.50 +4.5 Chin Hsin Flour. 35.80 +2.1 China
        292 words
      • Article
        AUSTRALIA
        1078 14 THE AUSTRALIAN sharemarket finished weaker in very quiet trade yesterday. The All Ordinaries index ended 6.7 points weaker at 1495.8 on volume of only 65.58 million shares worth AS 117.38 million. The 15-cent rise in News Corp shares to A$ 11.45 was due to its recently announced asset sales
        1,078 words
      • Article
        Untitled
        89 14 Cloac Previous July 2 SYDNEY All Ordinaries Index 1495 8 1502.5 -6.7 All Industrials Index 2359.2 2370.4 -11.2 All Resources Index 840.4 843.7 .3.3 Turnover (million) 117.38 175.33 -57.95 BANGKOK SET Index 1082 67 1060.22 +22.45 Turnover (nearest *000) 59,793 55.566 +4,227 JAKARTA Composite Index 629.12 624.33 +4.79 Turnover (nearest
        89 words
      • Article
        BANGKOK
        668 14 THAI STOCKS closed yesterday with sharp gains in heavy turnover focused on the finance and banking sectors. The official SET Index gained 22.45 points to end at 1082.67 in heavy volume of 6.4 billion baht. Gains outnumbered losses 88 to 65. Most actively traded were Union Asia Finance, Nava
        668 words
      • Article
        MANILA
        556 14 PHILIPPINE SHARES slipped yesterday as nervous traders awaited a US jury's verdict on racketeering charges against Imelda Marcos, brokers said. Anxiety was further fuelled by the kidnapping of an American Peace Corps volunteer reported on Sunday, they said. The Manila Stock Exchange composite index closed 12.81 points lower at
        556 words
      • Article
        SEOUL
        802 14 SEOUL STOCKS rose in weak trading yesterday on a technical rebound following last week's steep losses, brokers said. The composite price index closed at 713.18, up 6.39 points from Saturday's close. Turnover was 93 billion won against 74 billion for Saturday's half-day session. "Trade volume is still very small
        802 words
      • Article
        Untitled
        297 14 In local currency la S$ la US$ day year day year day year Juae 29 Index change change change change change change Wortd 429.4 0.0 -7.6 0.3 -11.2 0.3 -8.3 *EAFE 598 9 -0.2 -12.1 0.5 -15.6 0.5 -12.8 Europe 454.1 -0.1 0.8 0.1 2.7 0.1 6.1 Pacific 1017.4 -0.3
        297 words
      • Article
        NEW ZEALAND
        343 14 NEW ZEALAND shares ended higher yesterday on selective overseas buying of leading shares in a more active start to the week. The Barclays index estimate was up 11.20 points at 1,773.16 but brokers see I the market's general flatness continuing through to the July 24 budget. "There is
        343 words
      • Article
        JAKARTA
        518 14 STRONG DEMAND sent Jakarta stock,. prices up yesterday, with the composite index rising 5.12 points to 629.12. Milk producer Ultrajaya on its first day trading dominated the market with turnover of 446,500 shares. It closed at 7,800 rupiah, 300 rupiah up from its primary offering. Demand was also strong
        518 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Lock icon Jitters over Europe likely to soften dollar's fall
      461 15 Reuter TALK of lower US interest rates is likely to push the US dollar down towards 150 yen this week, but wariness over Soviet instability and the German monetary union is likely to cushion the fall, dealers said in Tokyo yesterday. "US
      Reuter  -  461 words
    • Article
      Greenback opens steady in Europe
      658 15 FOREX MARKET REPORTS THE US DOLLAR was holding mostly steady against major currencies in early European trading yesterday, after opening one pfennig and nearly one yen below last Friday's New York close. Dealers said speculation of an imminent fall in US interest rates and the
      658 words
    • Article
      INTERBANK FOREX RATES
      392 15 Cross rates Jui y 2 USS SS MS Dm Yen SFr AS NZS USS 1.8385 2.7075 1.6570 152.05 0.5726 1.4090 1.2618 1.7021 S$ 0.5439 1.4727 0.9013 0.8270 0.3114 0.7664 0.6863 0.9258 MS 0.3693 67.90 0.6120 0.5616 0.2115 0.5204 0.4660 0.6287 Dim 0.6035 1.1095 1.6340 91.76 0.3455 0.8503
      392 words
    • Article
      MONEY MARKET
      570 15 Interbank rates SJ Bid Offer Overnight 7 3/4 7 7/8 1-month 7 5/16 7 7/16 2-month 7 5/16 7 7/16 3-month 7 5/16 7 7/16 Overnight mode: 7-3/8 LSS Bid Offer 7 days 8 1/4 8 3/8 1 month 8 3/16 8 5/16 2 months 8 3/16 8
      570 words
    • Article
      Lock icon Gold market remains bearish as Asian investors stay away
      394 15 Reuter GOLD PRICES may have partially recovered last week, but they remain vulnerable as Asian investors shy away from the metal and on the prospects of yet more selling in the Middle-East. "In Asia, investors are still absent, jewellers are also
      Reuter  -  394 words
    • Article
      FINANCIAL FUTURES
      1467 15 SIMEX EUROOOLLAI Open High Low Sett Est Vol Op/lnt Vol Sep 90 91.84 9L85 9L8I 91.82 7555 ***** ***** Dec 90 91.82 91.83 91.81 91.82 2686 6364 5259 Mar 91 91.79 91.80 91.78 91.79 1493 2198 1657 Jun 91 91.64 91.65 91.62 91.64 143 680 78 Sep 91
      1,467 words
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  • COMMODITIES
    • Article
      Lock icon Japan likely to cut rice price before G-7 summit
      454 16 Reuter AS GLOBAL PRESSURE mounts on Japan to drop barriers to rice imports, the government will sit down with Japanese farmers this week to set the producer price of Japan's 1990 rice crop. The Japanese media is betting the government will
      Reuter  -  454 words
    • Article
      Lock icon Soviets in long-term platinum deals
      205 16 Reuter THE SOVIET UNION has agreed with some Japanese buyers to resume part of its long-term contracts for platinum for the July to December period, said local major retail sources. "The Soviets seem to need foreign currency desperately. So they were looking for secure buyers,"
      Reuter  -  205 words
    • Article, Illustration
      Lock icon Ecuador welcomes foreign oil firms
      200 16 Reuter ECUADORIAN President Rodrigo Boija said his country is open to any foreign investment aimed at finding and exploiting oil and mineral deposits there. "Ecuador needs international financial cooperation to develop its resources," Mr Borja said in a speech in Nueva Loja, Ecuador. He said
      Reuter  -  200 words
    • Article
      Lock icon Kuwait to seek bigger oil quota at talks
      185 16 Reuter KUWAIT said its new Oil Minister, Rashid Salem al-A-meeri, will be seeking a bigger Opec quota at talks in Algeria this week. Mr Ameeri will meet Algerian Oil Minister Sadek Boussena, the Opec president, and Indonesia's Ginanjar Kartasasmita tomorrow and Thursday.
      Reuter  -  185 words
    • Article
      Quiet trading on S'pore rubber market
      346 16 SINGAPORE rubber prices closed slightly easier yesterday with Aug 1 RSS buyer quoted at 158.25 cents a kg, down 0.25 of a cent from last Friday's close. Dealers said prices drifted lower in the afternoon on a lack of buying interest and in line
      346 words
  • Article
    PRICES
    1390 16 Rubber jui y 2 mWliWlH Scents/kg Noon Close Int I RSS Prompt 157.50/158 50N I57 2VI58 25N Int I RSS August 90 158.50/159.00 158.25/158.75N Int I RSS Sep *****/160.50 I59.7VI60 25N Int 2 RSS OP 154 50/156 50N 154.50/156 50N Int 3 RSS OP 150.00/152.00N *****/152 OON Int 4
    1,390 words
  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      443 16 NOTICES THE COMPANCS ACT, CAP. 90 UNCLE WONG FOOO PRODUCTS (SINGAPORE) PTE. LTD. (M VOLUNTARY LKXADATKSN) At an Extraordinary General Meeting of the Members of UNCLE WONG FOOO PRODUCTS (SINGAPORE) PTE. LTD. duly convened and held at 138 Cadi Street *15-00 Cadi Court Singapore 0106 on the 29th day of
      443 words
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      Page 16 Advertisements Column 2
      307 16 THE COMPANIES ACT, CAP. 90 FIRST LIGHT TRADING PTE-LTD. (M VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the Mem hereof FIRST LIGHT TRADING PTE. LTD. duly convanad and hald at 8 Hong Kong Straat Singapore 0105 on tha 29th day of Juna 1990. tha following Spedal Resolutions ware duly
      307 words
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      Page 16 Advertisements Column 3
      15 16 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 17
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1070 17 City Flight ETA Flgtrt ETO AJm MUM GA893 1045 GA892 0010 GA886 0010 GA974 2359 MlllHl SQ226 2035 QF82 2200 AnstaNMi GA893 1045 KL838 2115 KL837 1430 SQ24 2200 SQ23 1810 GA974 2359 Qf6 1830 Umm Qf 16 1830 SQ24 2200 0A471 2205 TE25 1800 TE26
      1,070 words
    • Article, Illustration
      Lock icon Enjoying life with a cup of kahweh
      611 17  -  LETTER FROM DAMASCUS By John Rice AP The sounds of centuries echo off the age-stained plaster walls of the Nofara Cafe in Damascus' medieval old city. Visitors enter to the soft slap of playing cards on woolen tables, the gurgle of water pipes
      AP  -  611 words
    • Article
      MONEY CHANGER RATES
      152 17 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.452 1.472 Canadian dollar 1.5600 1.5800 NZ dollar 1.0640 1.0940 Sterling pound 3.200 3.2300 US dollar 1.8310 1.8410 Local dollars to 100 units of foreign currency Austrian schilling 15.40 16.40
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      87 17 Duration Title Venue Organiser Td Duration Title Venue Organiser Td July 12- Property Financing Hilton AIC 03-*****43 July 24 How To Profit From Hyatt AIC 03-*****43 13 Kuala Conference A 25 The Cost Control Aryaduta Conference Lumpur Revolution Hotel Jakarta July 12 Effective Marketing Hilton AIC 03-*****43
      87 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      58 17 yffy I lie huMiK** (Himui v vh.Mit cur\ luimlji. I S' I g T 1 luirnln.Vit iriliv imlMinilj* I i.nin-C hmi:i I II II \irp. <rt it hourv nil! .irruiitj; it I «»t;an I JL. J I J 1 liitirn.mon.il \ir|*>rt the lullouint; iii» (S) Hi; i i li H
      58 words
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      Page 17 Advertisements Column 2
      220 17 SEND A COUIXTRY REPORT Mow and then, you send perform- ance reports to your head office or TheStnutaTuneS BB your report compete with a country report. But don't bother doing it yourself. Because there's The Straits PM.ckwetotef.taibaadon: Pponle-thev're Times Weekly Overseas Edition. The miict the secret mayor news crisply condensed
      220 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      184 17 officer's horse 28 Clearly not on the level (6) 29 The opposite of a long 8 They put the finish in la- 24 Crazy worker on the nod drive in green terms (5, 4) pei s> albeit their work is (6) DOWN ,4 No"°con fined to an alfres- YESTERDAY'S SOLUTION
      184 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      211 17 Singapore Outlook: Showers over a few areas in the morning Report: Max temp 33.2* C Assoc humidity 56% Min temp 25.4* C Assoc humidity 98% Hrs of sunshine 10.65 Rainfall in mm Nil Rainfall this mth 3.9 Rainy days this mth I World forecast Asia-Pacific Hi/Lo Cood. Auckland 15/05 Windy
      211 words
    • Miscellaneous
      Page 17 Miscellaneous Column 3
      56 17 l:il«kiB.MJfB!BH!8BI (eoMJoue,M&ssi£i*sO i-d uke-Toßook. a houda/ Scene, TV*. P k«h off.ce» of TZ Pin 1 Sol and Sgnrw„Fu<±>afS l+d, I SO (.Hols .for *>t WT? (W I I HM£. D UKC.T& I 4 A <-p3T) J@ r-MJ&d( fhallo H£RC corses "MAA FROTH J WIHr ========^r I y C rvtxwo gTAMOAWO
      56 words
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  • Article
    Lock icon India urges export drive and pledges to cut industrial red tape
    397 18 AFP THE INDIAN government has adopted a liberal industrial policy, pledging to free industry from a host of stifling bureaucratic controls and calling for a major export drive to reduce the debt burden. At the same time, the federal
    AFP  -  397 words
  • Article
    Trade sector likely to lose some steam: DBS
    382 18  -  By Anna Teo SINGAPORE'S trade performance is likely to lose some vigour in the near term because of weaker overseas demand. But there are enough positive factors to give the sector another double-digit trade growth this year. This is the economic outlook
    382 words
  • Article
    Lock icon Gorbachev accuses conservatives of harming reform
    413 18 AFP SOVIET PRESIDENT Mikhail Gorbachev yesterday accused conservatives within the communist party of trying to sabotage reform, as delegates attending the party congress in Moscow forced the Politburo executive to account for its actions. But Mr Gorbachev also sharply criticised his own government, headed
    AFP  -  413 words
  • Article
    Ministry's consultancy arm goes private
    102 18 THE MANAGEMENT Services Department of the Ministry of Finance has been converted into a private company, MSD Consultants Pte Ltd. The department was formerly the in-house management consultancy organisation of the civil service. MSD Consultants will be fully owned by Temasek Holdings Pte Ltd and
    102 words
  • Article, Illustration
    Lock icon In aid of Aids
    46 18 AP A visitor at Paris' Bagatelle Gardens seems surprised by this zany totem pole-like animal sculpture, part of the "Scarecrow" exhibition being held there. Eighty artists are displaying their works at the event, which has been organised to benefit Aids research. AP
    AP  -  46 words
  • Article
    Lock icon China asks Japan to resume loan talks
    179 18 AP A CHINESE minister yesterday asked Tokyo to resume talks on a major loan package, and Japanese Prime Minister Toshiki Kaifu replied by urging Beijing to move towards greater democracy, a Foreign Ministry official in Tokyo said. Following the crackdown on China's pro-democracy
    AP  -  179 words
  • Article
    Lock icon Broken Hill looks to Asia for future growth
    453 18 AFP AUSTRALIA'S largest company, Broken Hill Propriety Ltd (BHP), is targeting Asia for future growth. BHP chief executive officer Brian Loton told a seminar in Melbourne yesterday that the dynamic growth of Australia's neighbours would ensure ready customers for the mining and
    AFP  -  453 words
  • Article, Illustration
    No country should be an island of poverty
    642 18  -  The Bottom Line MELITO SALAZAR JR MELITO SALAZAR JR The writer is governor of the Board of Investments of the Philippines. The opinions expressed are his own. THE ASIA-PACIFIC region has been identified as playing a major role in the future world
    642 words
  • Article
    Lock icon Europe will benefit from union, say German leaders
    240 18 AFP THE WHOLE of Europe will benefit from last Sunday's implementation of German economic and monetary union, say leaders of the two countries, with full unification now only a matter of time. "There is no longer any alternative to the unification of
    AFP  -  240 words
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      55 18 JIL Baume Mercier GENEVE 1830 DO YOU HAVE AN EYE FOR A GOOD BUSINESS OPPORTUNITY? if so, and you are looking for office space (witn business support facilities) we have various sizes for vou to choose. Our prices for a week is equivalent to a night s stay in an
      55 words
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      Page 18 Advertisements Column 2
      87 18 _OL Baume Mercier GENEVE 1830 E German firms grapple with the mighty mark, Pg 5 Wfr JFS/# iff) 4^ L Suhject L ropy (m?/ \V /y w* /si H 1 Title Freehold property with redevelopment potential Total Area 51, 633.8 sq ft. Zoning Industry Site Details Along Sixth Avenue. About
      87 words
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  • Shipping Times
    • Article, Illustration
      Grays Harbor appoints marketing agents for Asean
      464 19  -  By Dexter Lee IN A BID for a bigger share of the US Pacific coast bulk traffic, the Port of Grays Harbor has appointed two Singapore-based shipping companies as its marketing agents in the Asean region. This is the first time that Grays
      464 words
    • Article
      Lock icon Teekay set to pull out from US oil trades
      328 19 Lloyd's List TEEKAY SHIPPING is ready to become the first US tanker company to join the boycott of its country's ports over oil spill liability in what would be the largest pull-out to date from the US oil trades by a
      Lloyd's List  -  328 words
    • Article
      Lock icon US probes rebating activities
      204 19 Seatrade Week THE UNITED STATES Federal Maritime Commission (FMC) is probing deeper into rebating activities among carriers in the transPacific trade. Recent hearings in Los Angeles sought information from cargo consolidators and importers on rebating activities. The goal, apparently, is to flush out information about those
      Seatrade Week  -  204 words
    • Article
      Lock icon TNT merges its three operations in New Zealand
      273 19 AP FREIGHT giant TNT has merged its three operations in New Zealand into a single unit as a possible forerunner to similar consolidations in other countries. TNT, based in Sydney, Australia, claims that it is the world's largest diversified freight and delivery
      AP  -  273 words
    • Article
      Lock icon Mitsubishi Trust gives plane loan to China
      283 19 AP MITSUBISHI Trust and Banking Corp, a major Japanese bank, has joined a consortium of European banks lending US$l26 million to China to buy an advanced Boeing passenger jet, a company official said. The official, speaking on condition of anonymity, said yesterday that
      AP  -  283 words
    • Article
      Lock icon Fokker negotiating sale of 12 planes to China
      290 19 Reuter DUTCH planemaker NV Koninklijke Nederland Vliegtuigenfabnek Fokker is negotiating the sale of 12 Fokker-100 passenger planes to China, the Dutch news agency ANP said. The report followed Friday's announcement that the firm was in the final stages of negotiations over the
      Reuter  -  290 words
    • Article
      Indonesia considers raising phone tariffs
      323 19 THE INDONESIAN government may raise telephone tariffs to enable the country's state-owned Perumtel telecommunications company to provide new telephone lines faster. According to a Jakarta Post report, telecommunications director-general S Abdulrachman said in Banda Aceh last week that as the present tariffs are too low,
      323 words
    • NEWS SUMMARY
      • Article
        Nippon Yusen to buy Norwegian firm
        57 19 NIPPON Yusen Kaisha (NYK Line) will buy Ugland All Car Carriers Coip (UACC), an automobile shipping unit of Ugland group, a major Norwegian shipping line, an NYK spokesman said. UACC owns 19 short-range automobile carriers capable of holding up to 11,700 vehicles. The carriers
        57 words
      • Article
        A tale of a carrier and a city
        35 19 P&O has had a presence in Singapore since the 19th century. A look at the long-time relationship between the Republic and the major shipping line Page 2
        35 words
      • Article
        Congress blocks oil spill treaty
        33 19 THE Bush administration has come up empty-handed in trying to persuade Congress to allow the United States to enter into an international treaty covering oil spills. Back Page
        33 words
      • Article
        World's box leasing fleet reaches 2.6 m
        46 19 THE WORLD'S container leasing fleet has reached 2.6 million 20-foot equivalent units (TEUs), and is expected to rise to 2.7 million TEUs by the end of this year, according to the Institute of International Container Lessors figures. Back Page
        46 words
    • LOG BOOK
      • Article
        Uruguayan city to make containers
        34 20 CONTAINER manufacturing will soon be started in the Uruguayan city of Montevido. The builder plans to use Brazilian steel and each 20-foot box will be sold for about U552,480.
        34 words
      • Article
        Racal-Milgo wins deal
        83 20 RACAL Electronics pic's Racal-Milgo subsidiary has been awarded a Deutsche Telecom contract for 10,000 modems. The company said Deutsche Telecom, formerly known as Deutsche Bundespost (the West German postal service and telephone administration), is a private telephone company created by law in 1989 and began operations this
        83 words
      • Article
        Liner order for Rauma yards
        139 20 EFFJOHN International, a shipping company equally owned by Finland's EFFOA-Suomen Hoyrylaiva Oy and Sweden's Johnson Line, is ordering a cruise liner worth more than 600 million markka from Rauma Yards Oy, a subsidiary of Rauma-Repola Oy. EFFOA and Rauma-Repola said in a joint statement the
        139 words
      • Article
        Gulf Agency widens network
        49 20 GULF AGENCY Company has expanded its ship's agency network to Indonesia. In association with Indonesian carrier PT Andhika Lines, GAC will have offices in Java, Sumatra, Kalimantan and Sulawesi. A full range of services including canvassing for container and break bulk cargoes will be provided.
        49 words
      • Article
        Carrier aground: report
        84 20 LLOYDS Shipping Intelligence Service reported that the Liberian bulk carrier Venture Star had grounded near Raven Passage at the eastern end of Papua New Guinea on June 27. The Venture Star was on passage from Port Moresby to Lae with containerised general cargo. The report gave the
        84 words
      • Article
        37 rescued from sinking ferry
        107 20 A FERRY sank off the Philippine central island of Negros before dawn on Sunday, but all 37 people on board were rescued, the ship master said. The 343-ton Canlaon was ending its daily run from Tuburan on neighbouring Cebu Island to the port of Escalante
        107 words
    • Article, Illustration
      A tale of a carrier and a city
      549 20 P&O has had a presence in Singapore since the 19th century. This article traces the relationship between the Republic and the major shipping line. IN 1845, P&O opened its Ceylon/Penan g/Singapore/Hongkong mail service using Lady Mary Wood and Braganza. Ixidy Mary Wood
      549 words
    • Article, Illustration
      NKK to build ice-breaker cruise boat for resort company
      322 20 JAPANESE COMPANY NKK has received an order from a resort development company in Hokkaido to build a luxury cruise vessel capable of breaking through ice-drifts. The Meitetsu Group resort development company, Doto Kanko Kaihatsu, intends to develop an as-yet largely unseen
      322 words
    • Article
      TRANSPORT DIARY
      942 20 May 24-July 26: International Freight Forwarding I, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Road, #13-314 The Plaza, tel no: *****5 (for members only). July 4-6: Aviation insurance, Lloyd's of London Press seminar, Old Lloyd's Library, London EC3. (Details: Conference Department 071-250-1500).
      942 words
    • Article
      THE SHIPPING GUIDE
      12648 28 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,648 words
    • Article
      SHIPPING AGENTS
      3384 33 Ht Containerline NV: Belsin Shpg Agencies Pte Ltd (SyMarine Handling Sdn Bhd (PK/PN). Accord Shpg: Accord Shpg Pte Ltd (SyAccord Contr Line (M) Sdn Bhd (PKyAccord Contr Line (PG) Sdn Bhd (PN). Adkris Business Corporation Philippine: Calsource Shpg A Trdg Pte Ltd (S) Ahrenkiel Uner Service: Kim Shpg
      3,384 words
    • Article
      COURIER SERVICES
      220 33 Abacus Couriers Td: 545-8011,448-6415. Air Express Stnkt Td: 533-5771. Fax: *****44 Airborne Freight C orporation Td: 542-8844. Fax: *****16, *****80. City-Unk International Td: 344-3377. Fax: *****50. Cluster Uak Supplies A Services Td: 296-5720. DHL International Td: 344-8911.Fax: *****61. DPE C ourier Td: 284-6611 (7 lines). Fax: *****88 Emery
      220 words
    • Article
      AIR FORWARDERS
      1505 33 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aerotiak K G Freight International Td: 545-5992. Td:"542-5911. Fax: *****18. Air Cargo Novo Express Td: 542-5454. Fax: *****06. Air Express laternational Td: 542-7666. Fax: *****74, *****50 Air Market Express
      1,505 words
    • Article
      PORT CONDITIONS
      2460 34 ANGOLA Lanada: Nine vessels berthed of which 6 general, 2 bulk, I reefer, no vessels anchored; 5 vessels due by July 9; berthing delays: 3-4 days for general and container vessels; 1 week for other vessels. ARGENTINA Labour. Tug boat crews in Buenos Aires and Bahia Blanca still
      2,460 words
    • Article
      AIR FREIGHT SCHEDULE
      501 34 ARRIVALS Op Flight Tyye ETA Frow TOO AY KAL KE697 B747F 0155 SEL NCA KZ205 B747F 0215 NRT JAL JL617 B747F 0345 TYO CLX CV7972 B747F 2359 LUX/DXB/HKG TOMORROW AZA AZ995 BC8F 0405 SYD CAL CI333 B747F 0315 TPE SIA SQ801 B747F 0410 AKL THURSDAY KAL KE697
      501 words
    • Article
      Lock icon SHIP SALES & TANKER RATES
      664 34 SHIP SALES TANKER RATES Reuter AFP VESSELS SOU) FOR FURTHER TRADING Bulk Carriers: Staholm: 26,636 dwt and built 1978. sold to Turkish buyers for around U557.35 million. Markos N: 19,440 dwt and built 1969, sold to Indonesian interests for over US$2 million. Sornia: 19,427 dwt and built in 1974, was
      Reuter; AFP  -  664 words
    • Article
      CRUISE & FERRY SCHEDULES
      345 34 CRUISE FERRY SCHEDULES CRUISE SHIPS Att IK-p Name of Vessel ETA ETD Port Agent Ports of Calb AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Fremantle-Jakarta-Kobe 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere SEPTEMBER 01 01 Andaman Princess 1300 1900 Andaman Cruise Sin-Bangkok 07
      345 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        542 35 to* fry BwO jrtgl Pqurtrt Keppd WWm Arita 03 K34 alongside 04.07/1800 Arrow Queen 13 12 CIO alongside 02.07/2300 Dayunshan 5/90 *30 alongside 06.07/0600 Kaher* 9004 K33 alongside 06.07/2300 Kota Bertan 31/90 K31 alongside 02.07/2300 I laI Bootan 21WB K18 alongside 05.07/0600 li Heng 5 K32 alongside
        542 words
      • Article
        CONTAINER SCHEDULE
        1204 35 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Record Bookinf/Batance Rsfts Sty Voy No Period From To From P of DbcBjI Space Aa lade 2A 1 02/1500 02/1659 02/1900 4 03/1200 03/1459 03/1700 Aa Lotus 1A 1 02/1500 02/1659 02/1900 Anro Aust ***** 2 02/1700 03/0659 03/0900 3
        1,204 words
      • Article
        IN MALAYSIAN PORTS
        237 35 Port Klang South Port on Juw 30: Bunga Cenderawasih berth 1; Victoria Cob berth 2; Alam Aman berth 3; Ocean Winner berth Jetty She#. KCT: Anro Fremantle berth 9; Eagte Wind berth 9; Bunga Kemuning berth 10. North Port Bangramard berth 11; Sun Vrf berth 16; Toship
        237 words
    • Article
      DAILY FREIGHTS
      938 35 THE BALTIC Freight Index (BFI) plunged 21 points on Friday to another 2Vi year low at 1,089 as new grain fixing continued to emerge at easier rate levels. Two fixtures were agreed for cargoes of around 52,000 long tons on the Great Lakes to Antwerp-Rotterdam-Amsterdam range grain route
      938 words
    • Article, Illustration
      Lock icon Congress blocks oil spill treaty
      482 36 Reuter THE Bush administration has come up empty handed in trying to persuade Congress to allow the US to enter into an international treaty covering oil spills. Transportation Secretary Samuel Skinner, speaking for the administration, complained that Senate and House negotiators hammering out a compromise
      Reuter  -  482 words
    • Article
      Lock icon Ship blast damage may cost up to US$ 7.8m
      178 36 Reuter DAMAGE caused by the explosion of Swiss tanker Aland in the West German harbour of Ludwigshafen could range up to 13 million marks (US$7.B million, said aa BASF AG spokesman. The tanker, loaded with 2,000 tonnes of light grade petroleum,
      Reuter  -  178 words
    • Article
      World's box leasing fleet at 2.6 m TEUs
      268 36 THE WORLD'S container leasing fleet has reached 2.6 million 20-foot equivalent units (TEUs), and is expected to rise to 2.7 million TEUs by the end of this year, according to the Institute of International Container Lessors (IICL) figures. As of Jan I
      268 words
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      Page 19 Advertisements Column 1
      262 19 SWK HBK NETJU. CO Pit LTD 13. TUAS AVE 14 SINGAPORE 2X3 TELE* HS ***** 9HMCPL TEL: 861 TELEFAX:MI sd V MMMM I 1 lorMlli »om 1 MJ I Ilk f km*JClotirw yfjwjj JIL 111 l I EMMk tarun BJjM //fr^H|L Toqu« siNCAroar malavsu Conv«rto> iiiaH-ANO, wkwi* MMI LPG ,mNM
      262 words
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      Page 19 Advertisements Column 2
      51 19 Air Forwarders 15 A* fr»fht Schedule 16 Contanei Schedule 17 Courier Service 15 Cruse Ferry schedules 16 Darty FrajMs 17 Met to Advertisers 3 Port Condibons 16 Shvm Agents 15 Shppmg G*de 10,11 Shpsates/Tanker Rats 16 Staps in Port 17 Singapore Tries 17 Transport dory 2 Weather and Sea Conditions
      51 words
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      Page 20 Advertisements Column 1
      213 20 STOCK EXCHANGE OF SINGAPORE SUPPLEMENT 1990 The global equity market Is losing much of Its shine. Volatility rules the day, and the technology that brings markets closer to each other also exposes one market to another's weaknesses. But with the increased risk or volatility also comes greater opportunity for profit.
      213 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      2136 21 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12 05 South point, Singapore 0208 \lllfr t«i *****11 telex no rs ***** IVfTTm TERMINATES TeH *****11 220 BOOKINGS Tit *****34 235 \fffw A PESAKA JARDINE SHIPPING AGENCIES SON BHD PORT KELANG TEL: *****18 TELEX NO MA*****/MA***** PENANG TEL *****4 TELEX NO MA***** CFS
      2,136 words
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      Page 21 Advertisements Column 2
      951 21 INDEX TOfIDVKTISERS Page Col Page Col AII M I ABC Containerline 13 5 Mac-Ncls Agencies 14 1/2 Accord Shpg 8 1-3 Macoline 18 2/3 Albatros Sea-Air 14 5 •MaerskLine 3 4/5 APC Line 14 3 «MISC 14 1-3 APL 5 3-5 M'sia Shpg Corp 9 1/2 Arrow Lines 9 5
      951 words
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      Page 21 Advertisements Column 3
      2097 21 Vmml Voy ETA I ETO "Port 'Penang DESTINATIONS Singapore Kelang Tin amk Maif'kM 9006 Ctoaing Time F«»aer cx yon o*oo HAS fmmo HHI IHH IBH CfS *7 1«00 MRS M Tauro OAK LOB HOU MEM ATI MIA CHS BAL PHL NYC MON TOP MARCHEN M 9006 In Pt 4/7 Hd
      2,097 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      1165 22 ROTTERDAM/ VOY NO S PORE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE HONGKONG EXPRESS 98/577 6/7 30/7 24/7 M/ 7 23/7 29/7 LIVERPOOL BAY 99/581 8/7 25/7 27/7 30/7 KASUGA 10/580 12/7 6/8 31/7 2/8 30/7 5/8 TOLAGA BAY 10/584 15/7 1/8 3/8 6/8 CARDIGAN BAY 96/583 19/7 13/8
      1,165 words
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      Page 22 Advertisements Column 2
      530 22 gTTWWFW MTfc DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT CAPE MALEAS 4/7 22/7 29/7 Also accepting cargo to Lautoka via Suva DIRECT CHILE SERVICE SIN IQQ ANF VAP CAPE MALEAS 4/7 14/8 15/8 19/8 Also accepting Cargo to Callao (Peru) via Valpa AoMta- {sfsfefiAfiffl SINGAPORE: *****56 BOOKINGS: *****00 VS. JAY
      530 words
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      Page 22 Advertisements Column 3
      1401 22 RimßABiA&iaB REGULAR INDCPENDENT FULL CONTAMER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LHA (VIA (VIA (VIA NJB) HAM) ROT) NORASIA SAMANTHA 9011-3 06/07 10/07 27/07 79 07 01/06 03/06 04/06 05/06 06/06 07/06 NORASIA SUSAN 9019-3 13/07 17/07 03/ M 05/08 08/08 12/06
      1,401 words
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      1803 23 Steamers Maritime Holdings Ltd k -:> Pfl!n M IV STRAITS SHIPPING IT OtV CJ J ""W" <• B""«l East Malaysia, Containers vo»HoPxi»m rmriaikqiiMir*iM accepts due sails HONGKONG EXP HS77 Tol-0»7 OW 01« 2S/07 2707 ZJ/07 31*7 J LIVERPOOL BAT ««1 +TOL«/7 W 1W 2W>7 u,« n R M, KASUCA I
      1,803 words
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      Page 23 Advertisements Column 2
      1690 23 TQ: EUROPE TO: FAR EAST SP IN ROM HAM B'HVN FIX SPORE HK KAO KOB BU CHOYANG CHANCE 04BW 7/7 25/7 21/7 27/7 2*7 30/7 CHOYANC PARK 00t£ J/7 12/7 13/7 l»/7 IJ/7 HANJIN LENARVE OOOW 14/7 1/0 2/0 3/0 S/0 t/0 HANJIN OAKLAND 00K 11/7 10/7 20/7 23/7 2W7
      1,690 words
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      Page 23 Advertisements Column 3
      22 23 S PORE LOADING FOR mora trrno phnompenh/kompongsom nina trrno hochimmhsvungtau SELM SHIPPING A TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: 2244*46
      22 words
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      Page 23 Advertisements Column 4
      317 23 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC YOUNG CHAMPION PIONEER SOLDIER TRADER VOY NO 6 7 10 •S pore In Port 13/7 17/7 P. Kelang 6/7 Penang Hong Kong Yokohama 27/7 Nagoya 24/7 Osaka Senboku Kashima Hochiminh •For Discharging Only NOTE: ALSO CALLING OTHER JAPANESE PORTS.
      317 words
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      Page 24 Advertisements Column 1
      507 24 .a t MM A Joint Europe Service Of: t. mumfh Em n. ksuri uoyb vmmm msotisw ft. thikora lloyd CR NBR **********0-D EXPRESS SEMI-CONTAINERSHIP SERVICE SR1WIJAYA/29WB S. PANJANG/2CWB 12*fS-3l/7 127/1 1/9 4/9 1/9 KUTAI/20WB 2-5/8 2/9 5/9 i/9 11/9 SPOKE R'DAM/ H'BURC BREMEN ANTWERP AOAM 20-24/7 lilt 23,8 2S/8 »/8
      507 words
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      Page 24 Advertisements Column 2
      748 24 tfh HANJIN SHIPPING PULL CONTAINER SERVICE CHOYANG CHANCE 04IW I 1$""' tip" 27/7** ST*"* »T"* SWYAMTPARK OOK I M BUSAN 1021 MMB HANJIN LI HARVE 009W 14/7 1/t 2/1 3/« 5,1 6/t HANJIN OAKLAND OOK 11/7 H KUNSAN OMt H5 1!2 HANJIN FELIXSTOWE 003W 21/7 M 9/1 10* \2» 13/1
      748 words
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      Page 24 Advertisements Column 3
      1366 24 jd■Trl I d IPKL SGP HKC KSC KLC PUS MKT OSK SM2 TYO BAI LHV AM* ROM FUt NK I ever grace ip v ap W HP 24/7 21* 3«4 31* V» iff *2L ever aiAMY in up up t *>« i 10* EVER GROWTH up VP Bp up vq
      1,366 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1167 25 J NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) Sj BOOKINGS: Sy UK/EUROPE SERVICE *****19 USA SERVICE-*****16 m AUST/INDIA/PAK SERVICE-*****18 FAR EAST SERVICE-*****48 TERMINAL: *****22 DOCUMENTATION: *****44/*****14 CFS: M 2 IMPORT: *****69/*****50 CFS:M2 EXP0RT:*****53/*****04 NEPUNE SDN BHD MALAYSIA K.L-*****33, P. Ketang *****87, Penang-*****0. J. Bahru-*****3, *****4 PTINTI TRIDENT
      1,167 words
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      Page 25 Advertisements Column 2
      326 25 gfit Specargo Forwarding (S) Pte Ltd mil TIL: *****55 MMIMBEM FAR EAST SOUTH ASIA EUROPE KAOHSIUNG 8/7 COLOMBO 6/7 |£g™ E 2 P Vn KEELUNG 8/7 BOMBAY 6/7 SJLonir 7/7 HONG KONG 8/7 KARACHI 6/7 „ad5C,, nwnnN 7 7 MANILA 7/7 MADRAS 6/7 r|,PA?™i L r° VI BUSAN 9/7 CHITTAGONG
      326 words
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      Page 25 Advertisements Column 3
      174 25 SCHENKER Serves in 5 Continents (WEEKLY LCL/FCL CONSOL SERVICES TO/FROM GOTHENBURG SWEDEN) SCHENKER IV JULY 6 JULY 8 JULY 30 SCHENKER I JULY 13 JULY 15 AUG 8 SCHENKER II JULY 20 JULY 22 AUG 15 SCHENKER 111 JULY 27 JULY 29 AUG 22 SWEDEN 111 JULY 5 JULY 30
      174 words
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      Page 25 Advertisements Column 4
      1115 25 m sinsov SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64 ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 (REGULAR INDEPENDENT SERVICE) DISCHARGING FROM EAST BOUND LOADING FOR WESTBOUND W)T g stm MA IU woYAg sum woawc HKrtt rmwn thjury bott ahtwcrp kmlowiiut
      1,115 words
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      Page 26 Advertisements Column 1
      1510 26 O HP f Y\\ V AS AGENTS KA» SAKI SINGAPORE (PTE) LTD (CR No 1244«*****0M) \\7 TEL *****77 TELEX: KAWAKIRS23I6S FAX *****79 YB J M M MALAYSIA HARPER WIRA SON BHO TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. 00 ESIA pr S4R uu TE
      1,510 words
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      Page 26 Advertisements Column 2
      1078 26 PHILI-ORIENT LINES PTE LTD I (The Complete NVOCC Package) 1 p 4 JULY MONTREAL OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. w PHARI CHICAGO 8 JULY DUBAII DAMMAN KUWAIT. DOHA, LONDON. THUNDER BAY, WINNIPEG, I V MUS A J- BAHRAIN. ABU DHABI, REGINA, SASKATOON, 13 JULY SHARJAH CALGARY, EDMONTON, KELOWNA, J KAMLOOPS,
      1,078 words
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      Page 27 Advertisements Column 1
      1642 27 ***** pacific international lines (pte) ltd 231f1i PtL Building. 140 Cecil Street #0300, Singapore 0106. T r2? L i£l Tr ?T, VEMCL VOY SIN UU SM 2" iA 22 7n an M MAI Mm MM 4/7 7/7 10/7 !m! iI2 i 2£ 1M KOT IMaA 1™ «T 0/7 12/7 >■»
      1,642 words
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      Page 27 Advertisements Column 2
      1039 27 r BEN LINE CONTAINERS LTD y 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** IN EXPRESS CONTAINER SERVICE TO UK/CONTINENT I? VESSEL |VOY SPORE P KLANG SHAMPTON HAMBURG B'HAVEN RDAM LHAVRE Hong Kong Express 95/577 6/7 31/7 25/7 24/7 23/7 30/7 Liverpool Bay 99/581
      1,039 words
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      Page 27 Advertisements Column 3
      272 27 M MYANMA FIVE STAR UNE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.Kelang P«n HAKHA V4OIW In Pt/3 JUL PAGAN Vl9 ifl JUL MPA-AN VIS2W lt/ll JUL mergui vioam n/v jul MYOMA TWA VI2M 21/31 JUL <2* THE BANK UNI (A *«rvic« o» Andrew Weir Shipping) XT' SEMI-CONTAINER SERVICE
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      Page 30 Advertisements Column 1
      679 30 /■ysK-yri||BN INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTMXINO SIN FLX BRV ROM ANT MBG RST E. THAELMANN 41% 1/7 30/7 3*7 1/7 2/7 AIUJITIC SEN WFVS 11/7-1/0 M 4/1 M or. PtECX MO u/7 12/0 11/1 13/1 14/1 PARIS SEN WW2O 24/7 16/0
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      Page 30 Advertisements Column 2
      1456 30 UKC COWVKWTWmAL ««mvic» Vmm< P. KLC PNC PC. LMdinf tar A VESSEL m ItotttrtUm/Antwerp cmna rou cowTAwmm MMivicm V«ul PKL PNC SPORE BKK HKC SHA QIN LVC SHANC CMENC 12S 21/S 23/5 27/5 4/« I/O YANC FANC KOU 1» 31/5 2*S 4* 12* It* 20* Accepting FCL C*rfO for all
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      Page 30 Advertisements Column 3
      243 30 SPORE PKL PNC HKC INC BSM SINGAPORE GLORY VOOt I Jul 17 Jul If Jal MALAYSIA GLORY V 0« U Jul J»l 10 Jul Jul a M NAI YINC VOO7 14 M IS J„l J.I v M OCEAN CROWN VOID 20 Jul n Jul 31 Jul RACNA VOW 23 Jul
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      Page 30 Advertisements Column 4
      591 30 Vtasv POSEIDON CONTAINER (J\ TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE RCXJTES TRANSCAUCASIA TRANSSIBERIA SERVICES ACCEPT TO A FROM INLAND DESTINATIONS I CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 9/7 20/7 25/7 31/7 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN PORTS
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      Page 30 Advertisements Column 5
      544 30 Ngow Hix> Ageoc MAMA BHUIK MM Tm 1/7 X W It MEKHAMIK KURAKO MM Wai 4/7 Sit JP SIRI bhuw 4S4M fn tP mm y It* MVA BHim» a» to tp Wat up MAHA BHUMj ITU W W M W IKK HAN IK KURAKO 17M MM 11/7 SM 14/7 sim
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      Page 31 Advertisements Column 1
      262 31 WE WISH ALL OUR MUSLIM SHIPPERS A HAPPY PROSPEROUS EID MUBARAK linn BAY OF BENGAL SERVICES MADRAS CALCUTTA VESSELS/VOY SIN MM SIN LEUVE 9125 14/6 18/6 29/6 LEUVE 9126 29/6 03/7 15/7 LEUVE 9127 15/7 19/7 01/8 LEUVE 9128 01/8 05/8 16/8 VESSELS/VOY SIN CCU SIN JORGEN VESTA 03N90 IN
      262 words
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      Page 31 Advertisements Column 2
      529 31 STRICHFITLO MARINE AGENCIES (S) PTE LTO TEL; *****33 (12 Llnaa) m FAX: *****15/*****03 00] TELEX: RS ***** RISHIP (3 Linaa) lHft\ ETHIOPIAN SHIPPING LINES r (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL IVOY ETA LOADING FOR SPORE ABBAY WONZ 29M8 IVO4 OARESSALAAM MOMBASA. DJIBOUTI ASSAB MASSAWA HOOEIOAH ANOINE
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      Page 31 Advertisements Column 3
      306 31 m P.T. MASKAPAI PELAYARA PULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE, INDONESIA, MALAYSIA I THAILAND ALSO ACCEPTING LCL CARGO TO JKT, PKG, PNG AND. BKK. FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 SINGAPORE INDONESIA SERVICE VSL VOY SIN
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      Page 31 Advertisements Column 4
      1318 31 CHINA OCEAN SHIPPING COMPANY 2, MISTRI ROAD. HMC BUILDING T r L < •oftftffiSSSff 7 FULL CONTAINER LINER SERVICE telex: rs Socoship General Agents: COGTAR SHIPPING PTE LTD cable, costarline VtSS€L/VOr SCP FU HOT HAM AWT DttK VESSEL/VOT FIX HOT HAM AWT OKK SCf tin h(j49h mm aw w um
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      Page 31 Advertisements Column 5
      85 31 l il lH'| i V^'U=llL'ii% WE HAVE GOT THE FASTEST TRANSIT TIME TO AUSTRALIA! i NEXT VESSEL: M.V.'BRUSSEL" V 252 ETA 27/7/90 Only 7 days to Fremantle! Only 12 days to Melbourne! Only 16 days to Sydney! FROM USA/CANADA/EUROPE/MEDITERRANEAN Vd Hfi fl« Haw Ant Fin/Mar Liv [S'poft BRUSSEt 19/6 28/6
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      Page 32 Advertisements Column 1
      1745 32 BLUE STAR LINE SINGAPORE TO H NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON. BLUFF, CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N PIT AUCK LYT PROSPECT 07S 29 Jun 14 Jut Via NPI It
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      Page 32 Advertisements Column 2
      799 32 /SEI THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH vessel jm Jetd lut ram I w rn pbt KIM SOON LI 27/90E 7
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      Page 32 Advertisements Column 3
      305 32 (MBH IRANIAN «ERVICE I Sinpoo" loading for I IRAN EKRAM MID JULY Bandar AMm 1 J flMltH—l UM W Mulct) U.S. WEST CQAST/MBOCO/CBVTML AMERICA CONTMH SERVICE HKC U eNSCRAOA L CAMCMS SCRUI ■MUWUO MMKIOS Vlltß M W W VP BP 14 Alto accepting to other Meitcan de»tination» o» Mtxtcali, Nuevo
      305 words
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  • Page 35 Miscellaneous
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      Page 35 Miscellaneous Column 1
      443 35 TIDES AND WEATHER TODAY'S TIDES (hfcM in metres) HOI 0000 0100 0200 03M 0400 0500 0(00 0700 *****900 *****100 **********00 *****C**********1*0 2000 2100 2200 2300 ft 12 10 10 1.0 11 15 1.5 16 1.7 1.7 16 15 13 12 12 13 1.6 1.9 22 2.4 25 2.4 21 15
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      Page 36 Advertisements Column 1
      327 36 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 02/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 30/6 INDONESIA COLOMBO
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      Page 36 Advertisements Column 2
      494 36 AHYUNDAI MERCHANT MARINE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKC LBH OAK SEA CHI FROM PSW L6H OAK SEA HKC SIN fl HYUNDAI PIONEER 33E 07/07 12/07 30/07 02/08 OS/0S 0408 HYUNDAI EXPLORER 31W 04/06 07/06 1006 21/06 05/07 LALANOIA 33E 14/07 19/07 06/08 09/08
      494 words
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      Page 36 Advertisements Column 3
      136 36 mmm bintang mas shipping pte. Ltd. Td *****1M2V471 Tli. US 4755 SIMKR Fa*: BV7SM Depot T«l: *****71 ■■H S port Afenta: STRAITS SHIPPING PTE ITO T*«m Tta: US M3Ol Fa» 22V0U? PC AmiU: KRIS PAHLAWAN SON BHO T#l O/ Slim* TLX MAMTt Fu: V *****7 REGULAR SERVICES TO BRUNEI SARAWAK
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      Page 36 Advertisements Column 4
      558 36 CHARTPOINT Every Saturday in Business Times IrMtof Iran. Sic no" mtam v«mi v 5 5iT lax" oaT mou" daT »7 nor mm nrt runca Kfowiwc" vmi ~Z" jj T alligator wiot Tlcu" ~y np WWW W Hf ~ljT HT OUR USA MMGA KEMUNINC »D» 7/7 ALLICATOR GLORY V3CH M/ 7
      558 words