The Business Times, 9 July 1990

Microfilm: NL17036
Total Pages: 42
1 42 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Monday July 9 1990 75*
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  • NEWS SUMMARY
    • Article
      International mediation needed, says Premadasa
      53 1 SRI LANKAN President Ranasinghe Premadasa said yesterday that peace talks with Tamil separatist guerillas are possible only with international mediation. At a meeting outside Colombo, he said: "It is only with the involvement of the international community in a manner acceptable to us that the
      53 words
    • Article
      Metro wins Tang bid
      31 1 SINGAPORE'S largest department store chain, Metro, has won the bid to ran the retail shops on the island's first movie studio-cum-theme park, Tang Dynasty Village. Page 2
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    • Article
      Thai threat
      22 1 THAILAND will pose stiff competition to Singapore once its infrastructure is in place, says the British Trade Minister Page 2
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    • Article
      Trade crisis seen
      30 1 DELAYS in payments for wool exports and the problems of computer maker Labtam have created the impression of a crisis in the SovietAustralian trading relationship Page 8
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    • Article
      China bounces back
      32 1 CHINA has slashed imports and increased exports to post a trade surplus of U552.56 billion in the first half of this year, reversing last year's sizeable deficit Page 8
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    • Article
      Fuzzy figures
      45 1 NEUTRAL, even muddled, data on US unemployment published last Friday left the Federal Reserve Board on hold even while the government renewed its pressure for a reduction in interest rates. Page 9 JAPAN SET TO LEAD IN SOFTWARE 10 KEEPING CUSTOMERS SATISFIED 12
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    • Article
      In defence of opera
      40 1 DRAMA in opera is not a poor cousin to music. Opera is drama. Tom Hawkes, here to direct the local production of Carmen later this month, talks about his role as an opera director Page 15
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    • Article
      BPA plans projects
      26 1 THE BINTULU Port Authority (BPA) plans to invest M 560.4 million in eight projects under the Sixth Malaysia Plan. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Progress on revamp
      27 1 A MAJOR revamp involving Cold Storage Holdings, Fraser Neave, Centrepoint Properties and Robinsons, first announced in early February, is closer to completion. Page 3
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    • Article
      Pudu's prime property
      32 1 PUDU, currently one of Kuala Lumpur's dilapidated areas, can be turned into an alternative urban commercial centre to the prime "Golden Triangle" area, property industry sources say Page 3
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    • Article
      Li sells C&W stake
      47 1 BUSINESSMAN Li Ka-Shing has sold his 5 per cent stake in Cable Wireless pic for a profit of about HKS6OO million (US$77 million), a sum that analysts say will probably be used to help pay for his local and overseas investments Page 4
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    • Article
      US launches probe
      32 1 STUNG by criticism that it has moved tentatively and ineffectively to prosecute savings and loan fraud, the White House has selected 100 savings institutions for priority investigation Page 6
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    • Article
      Big fine for Shearson
      41 1 BROKERAGE HOUSE Shearson Lehman Hutton Inc has agreed to pay the New York Stock Exchange a record US$5OO,OOO fine to settle allegations that it violated exchange rules in buying E F Hutton stock in 1986. Page 6
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    • Article, Illustration
      STOCK INDICES
      27 1 Friday Chaage BT-MGA 795.20 -1.81 Kuala Lumpur ....593.86 +0.88 Hongkong 3,357.61 +1.17 Tokyo 32,445.12 +93.45 Sydney 1,554.4 -3.7 New York 2904.95 +25.74 London 2340.0 8.6
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    • Article
      CURRENCIES
      21 1 Exchange rata* USS S$ 1.8290 Yen SS1.212I MS SS0.6759 Money market rates Overnight 7 1/4 +1/4 3-month 7 3/4% +1/16
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    • Article
      COMMODITIES
      29 1 Rubber S'pore Aug 157.00*/kg -0.50 M'sia Aug M232.50.*/kg -0.50 KL Tin Turnover... 98 tonnes +26 Spot MSl5.96/kg -8 Crude patan «fl Turnover.... 820 lots +447 Jul M$674/tonne -3
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  • Article, Illustration
    Lock icon S$ expected to test new highs against US unit
    476 1  -  By Quak Hiang Whai THE Singapore dollar, backed by stronger economic fundamentals, rising interest rates and the weakness of the US dollar, is expected to test new highs against the American currency in the next few months. Dealers think the US
    Chart by Tele Trac  -  476 words
  • Article
    Inflation rate likely to stay high: MAS
    284 1 INFLATION in Singapore this year looks set to be significantly higher than the trend in recent years, says the Monetary Authority of Singapore. Reviewing the economy in its latest annual report, the MAS says domestic labour costs are contributing the bulk of the
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  • Article
    Don't miss BT's SES supplement
    91 1 BONDS? Gold futures? Unit trusts? Equities? Which equities local, regional, warrants? If you're not too sure about finding your way round the Singapore investment supermarket, make sure you get a copy of the BT special on investments. With your issue of BT tomorrow, an expert
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  • Article, Illustration
    Lock icon Bush hints at allowing Japan to resume aid to China
    333 1 AP US PRESIDENT George Bush has hinted that he will not try to block Japan's intention to resume economic aid to China as leaders of the world's wealthiest nations gathered in Houston, Texas, yesterday to discuss problems afflicting world trade
    AP; AFP picture  -  333 words
  • Article
    S'pore to set up ties with China by end of year: Das
    119 1 THE chairman of the Government Parliamentary Committee for Defence and Foreign Affairs, Mr Chandra Das, expects Singapore to establish diplomatic links with China before the year-end. Interviewed by SBC last night, Mr Das said once those links are
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  • Article
    Prices of building materials stable in first quarter
    403 1  -  B* Lilian Ang THE PRICES of basic building materials were generally stable in the first three months of this year, says the Construction Industry Development Board (CIDB). But with the pace of building quickening, demand for and thus prices of these materials
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  • Article
    BG Lee to visit Indonesia
    218 1 THE MINISTER for Trade and Industry, BrigadierGeneral (Res) Lee Hsien Loong, starts a five-day visit to Indonesia yamorrow at the invitation of the Indonesian Finance Minister, Professor Dr J B Sumarlin. The Trade and Industry Ministry said over the weekend that BG Lee would also
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      379 1 liMSi'iliiKi Singapore Kuala Lumpur Jakarta Bangkok Hong Kong Aircraft Schedule 23 Money Changer Rates 23 World Stock Marliets 20 Commodities 22 Money Market 21 Cryptic Crossword 23 Regional News 7 For market irefces, edrtonal. Enterprise A Mgt 12 SES 16, 17 advertising and circulation ex Financial News 6 Srniex 21
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      4 1 More reports Pg 9
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      174 1 The best just keep getting better... and better... PC MAGAZI'«E I pgftYig L tiTTTI brother BBM Business Systems 743-eooo m im u ij^F @Jw 'wf*" jjr 0' JAL knows how important a Ergonormcally designed to relaxing flight is if you want to cradle you in comfort, each seat arrive feeling
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      4 1 More reports, P| 2
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        CPS gets exclusive distributorship
        75 2 COMPUTER Processing Services Pte Ltd (CPS), a member of the Straits Steamship Group, was recently given exclusive rights to distribute the legal software packages of a British computer firm, Pilgrim Systems pic, in South-east Asia. Advocate, one erf" the packages which CPS will market, will serve
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      • Article
        Making research easier
        46 2 IN A keynote address at the launching of Singapore Lawnet last Saturday, the Attorney-General Tan Boon Teik said that the new computerised scheme of producing the revised edition of Singapore's Statutes will ease the task of legal research into the Republic's written laws.
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      • Article
        International construction fair
        76 2 THE Construction Industry Development Board (CIDB) recently teamed up with the Munich Trade Fair International Group (MMG) and the Singapore Institute of Architects Building Centre (SIABC) to hold an international trade fair on construction materials and technology in Singapore next April. The trade fair, Baucon Asia '91,
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      • Article
        More RCs for Pasir Ris
        70 2 THE Senior Minister of State for Education and Member of Parliament for the Eunos GRC, Dr Tay Eng Soon, hopes to organise four more Residents' Committee (RQ zones in Pasir Ris New Town within the next 18 months. At the official opening of the first
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      • Article
        Befriender Service for all
        86 2 THE aim of the government is to extend the benefits of the Befriender Service (BFS) to all constituencies that require it by the middle of next year, said Zulkifli Mohammed, the Member of Parliament for Eunos GRC and Political Secretary, Ministry of Community Development. In a
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      • Article
        Charity Awareness Week
        53 2 STUDENTS and staff of the Nanyang Technological Institute (NTI) will hold a week of fun and games for charity beginning today. Some of the highlights of the week's activities will include mass donation at the Singapore Wishing Well, a mini exhibition by the Community Chest of Singapore
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    • Article, Illustration
      Metro wins bid to run shops at Tang Dynasty Village
      425 2  -  By Suzanne Soh SINGAPORE'S largest department store chain, Metro, has won the bid to run the retail shops on the island's first movie-studio cum theme park, Tang Dynasty Village. Sources say Metro won the tender from other retail heavyweights such
      425 words
    • Article
      Construction sector employs more
      204 2 SOME 98,000 workers were employed in the construction industry between January and March this year, 19 per cent higher than the corresponding period last year. But between end-1989 and the first quarter of this year, the rise in the labour force was just one per cent.
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    • Article
      Fewer contractors vying for public sector jobs
      317 2 WITH the construction boom throwing up many more contracts, fewer contractors are now vying for each public sector tender. A Construction Industry Development Board (CIDB) report shows that the average number of firms which tried for public sector tenders dropped from IS in
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    • Article
      Stiff Thai competition ahead?
      211 2 THAILAND will pose stiff competition to Singapore once its infrastructure is in place, in the view of British Trade Minister Lord Trefgarne. But, he told BT, the Republic remains a good place for British companies planning to develop business in the region to base their regional
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      328 2 On target CHARTPOINT every Saturday QV JACK CHIA-MPH LIMITED JCHRipII (incorporated in the Republic of Singapore) ANNOUNCEMENT 6th July 1990 The Directors of Jack Chia-MPH Limited ("JC-MPH") announce that by a Writ in Suit No. 1060 of 1990, Haw Par Brothers International Limited and Tiger Balm Limited (jointly, "the Plaintiffs")
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      Page 2 Advertisements Column 2
      128 2 OUR HONG KONG CHEFS GO TO GREAT LENGTHS BRING YOU TH E BEST cuisine Come savour all the delicate flavours of I I I A exquisite dishes specially created by our Hong Kong master chefs. From South China Sea's choicest catch like the polka dot garoupa. To the freshest ingredients
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article, Illustration
      Cold Storage Holdings revamp a step closer to completion
      353 3  -  By Amy Balan A MAJOR revamp involving Cold Storage Holdings, Fraser? Neave, Centrepoint Properties and Robinsons, firs announced in early Febuary, is moving closer to completion. The complex arrangement, which primarily calls fori the reshuffling of certain brsnd names, businesses and
      353 words
    • Article
      Lock icon Mount Pleasure likely to experience decade of growth in the 1990s
      296 3 Bernama THE 1990s will be a decade of growth for Mount Pleasure Holdings Bhd, said chairman Datuk Low Yow Chuan in his statement in the propertybased group's latest annual report. Datuk Low said the group would experience strong growth
      Bernama  -  296 words
    • Article
      PMRI set to maintain profit
      67 3 CEMENT and building ma-terials-based Pan Malaysia Rubber Industries Bhd (PMRI) expects to maintain its profitability in the current financial year which ends next March 31, said chairman Tan Sri Khoo Kay Peng. In PMRI's annual report, Tan Sri Khoo said the economy in Singapore, where
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    • Article
      GB Hldgs seeks 2nd production facility
      228 3 YACHT maker Grand Banks Holdings is looking for a second production facility in Asia. The company spent $2.7 million in the last year to mechanise and improve its production facilities in Singapore, noted executive chairman Robert W Livingston in the latest annual report. But
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    • Article
      Lock icon Privatised KL agencies to offer staff spc stake
      406 3 MBT WORKERS will be allocated 5 per cent of the equity when public sector agencies are privatised, the Malaysian government has announced. The shares will be sold to the workers at the offer price, Prime Minister Datuk Seri Dr Mahathir Mohamad told
      MBT  -  406 words
    • Article
      Lock icon Big facelift for Novotel Penang
      173 3 Bernama THE NOVOTEL Hotel in Penang will undergo a massive Msls million facelift and renovation, including the landscaping of the hotel's beach front to create a la-goon-like environment. Novotel Penang, formerly known as the Orchid Hotel, belongs to Amalcrest (M) Sdn Bhd, a member of
      Bernama  -  173 words
    • Article, Illustration
      Lock icon Pudu seen as viable alternative to Golden Triangle area
      700 3  -  Yong Soo Heong reports on various proposals to revitalise a rather dilapidated area of Kuala Lumpur Yong Soo Heong Bernama PUDU, currently one of Kuala Lumpur's dilapidated areas, can be turned into an alternative urban commercial centre to the prime "Golden
      Bernama  -  700 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      31 3 BANK INTERNASIONAL INDONESIA M d. ;i kj&Hi Ik %*r», y-v^^-aafcw. TO BANK IN7WNASIONAL INDONESIA on the official opening of your Singapore representative office wm IWliil The Fuji Bank, Limited i r.
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Kyotaru acquires US beef processing firm
        128 4 KYOTARU CO, a major Japanese restaurant chain operator, has acquired Best Western Foods Inc of the United States for 6.27 billion yen (US$4l.5 million), a company official said on Friday. Spokesman Masakazu Yoda said the purchase of Best Western Foods, a Los Angeles, California-based
        128 words
      • Article
        Technology transfer agreement
        75 4 CHINA has signed an agreement to transfer technology to Samsung Co, a giant South Korean trading company. Samsung and China Technical Import and Export Corp signed a pact last month on technology transfers in 34 areas including textile manufacturing, personal computers, and plastic coating of steel pipes.
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      • Article
        Matsushita plant in Selangor
        78 4 MATSUSHITA Electric Industrial Co Ltd will set up a subsidiary to manufacture cathode-ray tubes in Selangor, Malaysia. The plant will produce 900,000 tubes a year for 20-inch and 21-inch televisions starting in 1992. It will supply the tubes to Matsushita's Matsushita Television Co unit, which now
        78 words
      • Article
        Three apply for Thai listing
        60 4 THREE companies have applied for listing on the Securities Exchange of Thailand, the Bangkok Post reported. Chineselanguage daily Tong Hua Yit Po publisher Tong Hua Daily News Co and fluorescent lamp producer Asia Lamp Industries Co are seeking to be listed stocks. General insurance company
        60 words
      • Article
        Expanding winery interests
        91 4 SA BREWING Holdings Ltd said it has expanded its wine interests with the purchase of New South Wales winery Hungerford Hill Wines Ltd. The South Australian beverage, packaging and appliance manufacturer said it bought the assets and brands of Hungerford Hill from Hooper Bailie Industries Ltd for
        91 words
      • Article
        BHP unit makes gas find
        85 4 THE Broken Hill Pty Co Ltd said its Hamilton Oil Corp unit made a "significant" natural gas discovery in block 110/13 of the Irish Sea off the west coast of Britain. Well 110/13 tested natural gas from two separate intervals at a combined rate of
        85 words
    • Article
      Lock icon Tokyo companies form rocket firm
      264 4 NYT SEVENTY-FIVE Japanese companies have formed a rocket procurement and sales firm, Rocket System Corp, to give Japan's domestically designed H-II rocket a boost on the global satellite-launch market. If all goes as planned, the price of an H-II rocket will fall from the current
      NYT  -  264 words
    • Article, Illustration
      Lock icon Li Ka-Shing sells spc stake in Cable & Wireless
      386 4 Li Ka-Shing sells spc stake in Cable Wireless IHT BUSINESSMAN Li KaShing last Friday sold his 5 per cent stake in Cable Wireless pic for a profit of about HK$6OO million (US$77 million), a sum that analysts say will probably be used to help pay for his local and overseas
      IHT  -  386 words
    • Article
      Lock icon Many issues to be resolved in opening of Taipei bourse
      299 4 Reuter OPENING Taiwan's stock market to foreign institutional investors still requires much consultation among government departments, although the authorities have decided it should occur soon, says a senior Taiwanese Securities and Exchange Commission official. "We need intensive coordination at the
      Reuter  -  299 words
    • Article, Illustration
      Lock icon Bond Corp, Bell revise brewing, media deal
      301 4 Reuter BOND CORP Holdings Ltd and its Bell Resources Ltd unit have announced changes to their brewing and media deal announced on March 20. Bond Corp said it will sell its Australian breweries to 58 per cent owned Bell Resources for Asl.Bo billion
      Reuter  -  301 words
    • Article
      Lock icon Petrocorp confident about Synfuel plant
      387 4 Reuter FLETCHER Challenge Ltd (FCL) unit Petroleum Corp of New Zealand Ltd expects to make a modest profit within three years from its majority stake in the Synfuel gas to gasoline plant. "The Synfuel plant will have a neutral effect on profits over the next
      Reuter  -  387 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      129 4 J 9TH JULY 1816 9TH JULY 1990 I I Congratulations I I THE REPUBLIC OF I I ARGENTINA I M on their I 174 th Anniversary of Independence. I I Congratulations to his excellency, I the president of the I I Republic of Argentina, Dr. Carlos Saul Menem, I I
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      Page 4 Advertisements Column 2
      49 4 YOUR PRIVATE JET ANYTIME, ANYWHERE... fflrtßUlANCfcS D\3PQNT GENEVE, CHARTER YOUR PRIVATE JET: for Corporate Travel, Leisure, Medical Evacuation, Diplomatic Flights. We can also arrange for Trading, Leasing and Management of business jets. 20 Kramat Lane #04-07 United House Singapore 0922. Fax: 65-*****39 Tel: 65-*****24 a member of the group
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  • INTERNATIONAL COMPANY NEWS
    • Article, Illustration
      Lock icon Soccer club boss takes control of Adidas
      470 5 Reuter FRENCH entrepreneur and soccer club boss Bernard Tapie extended his sporting empire on Saturday when Adidas, the world's leading sports goods company, announced it was selling him 80 per cent of its share capital. Mr Tapie, a French parliamentary deputy with presidential
      Reuter  -  470 words
    • Article
      Lock icon MCI expects purchase to pay off in 2 years
      332 5 Reuter Sfcl COMMUNICATIONS j&rp says its acquisition of Tiecom USA Inc will add jHfofits to the company after two years, but will initially earnings by up to S per Wit this year. Bert Roberts Jr, the com»y'» president and chief f
      Reuter  -  332 words
    • Article
      Lock icon Renault seeks full control of US truck maker
      390 5 AP RENAULT Vehicles Industriels, which holds about 44.5 per cent of outstanding shares of Mack Trucks Inc, wants to buy all remaining shares at US$6 a share, the US truck maker announced on Friday. The size of the total ofTer for the
      AP  -  390 words
    • Article
      Lock icon ABF plans takeover
      146 5 AFP FOOD GIANT Associated British Foods (ABF) plans to launch a takeover for the main food activities of troubled Berisford International, including key sugar refiner British Sugar. ABF, which already holds a 23 per cent stake in Berisford, said on Friday it had notified the Office of
      AFP  -  146 words
    • COMPANY BRIEFS
      • Article
        Iberia makes only offer; to buy Argentine carried
        91 5 A CONSORTIUM led by the Spanish airline Iberia made the only offer for Aerolineas Argentinas when bids were submitted on Friday. Terms were not disclosed, and the government reserved the right to reject the offer. A ruling is expected this week. A
        91 words
      • Article
        Siemens sees higher earnings
        95 5 WEST GERMAN electrical engineering firm Siemens AG is confident that 1989/90 results will be higher than earnings in the previous year, Siemens management board chairman Kair Iheinz Kaske said. Siemens group net profit was 1.6 billion marks in the year to Sep 30, 1989. Mr Kaske
        95 words
      • Article
        Alcatel unit expanding
        60 5 WEST GERMAN electronics group Standard Elektrik Lorenz AG (SEL), a unit of France's Alcatel NV, said SEL units had signed or were negotiating contracts to enter the Soviet, Polish and Yugoslavian telecommunications markets. Management board chairman Gerhard Zeidler told the annual shareholders' meeting that SEL had introduced
        60 words
      • Article
        More Mannesmann investment
        85 5 STEEL AND engineering group Mannesmann AG said it would increase investment to 1.4 billion marks in 1990 to strengthen its global position. Management board chairman Werner Dieter said the group's total annual investment, including investment for a mobile phone network on which Mannesmann would spend 780 million
        85 words
      • Article
        Telecom firm to offer ADRs
        113 5 CHILE'S major telecommunications company, Compania de Tdefonos de Chile SA will become the only Latin American company to trade on the New York Stock Exchange when it offers American Depositary Receipts (ADRs) sometime within the next three weeks. An official at Salomon Brothers said 100
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      • Article
        Defence squeeze forces job cuts
        72 5 DEFENCE ELECTRONICS group Hollandse Signaalapparaten BV (HSA), 80-per cent owned by France's Thomson SA, said it will cut 900 of its 5,000 jobs in the next 18 months and lower its sales targets. HSA, a former Philips subsidiary, said the international squeeze on arms spending
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      100 5 ORGANISED. GLOBALISED,, With valuable cargo to ship, you're looking for a carrier that plans ahead, a carrier whose organisation is second to none. You re looking for a carrier whose network spans the globe, a network that gives you fast access^therightdestina^ *^Wyp W% 1/'VBVB fw_ Iffig vfl^H 'IPC: ft* 3fc
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Countrywide Corp to buy Diners Club NZ
        116 6 COUNTRYWIDE Banking Corp Ltd has conditionally agreed to buy Diners Club (NZ) Ltd from NZI Bank Ltd and Citibank NA's New Zealand branch, NZI Bank said. No price was disclosed. NZI Bank, a unit of NZI Corp Ltd, holds 94 per cent, and
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      • Article
        Lincoln sells stocks to Dai-Ichi
        100 6 LINCOLN National Corp said it sold the first series of convertible preferred stock to Dai-Ichi Mutual Insurance Co for U*****.6 million, closing the first phase of Dai-Ichi's previously announced plan to invest in the insurance holding company. The transaction gives Dai-Ichi a five per cent
        100 words
      • Article
        Chubb widens coverage
        57 6 CHUBB CORP said it will offer directors and officers liability coverage in Japan. Federal Insurance Co, a unit of Chubb, has received approval from Japan's Minister of Finance to underwrite directors and officers liability coverage for Japanese multinationals with subsidiaries in countries where executives and board members
        57 words
      • Article
        First EC loan to Hungary
        73 6 THE EUROPEAN Community's first loan to Hungary will go towards improving the country's electricity network, the European Investment Bank (EIB) announced last week. The ECs lending arm said 15 million European Currency Units (ECUs) (U5518.75 million) was being lent toward a three-phase scheme to modernise
        73 words
    • Article
      Lock icon Japanese banks to lend 52b yen to Mexico
      241 6 Reuter/AFP THE EXPORT-IMPORT Bank of Japan and nine Japanese commercial banks will extend to Mexico syndicated loans totalling Sl.B billion yen to finance construction of a thermal power generation project, an Ex-Im Bank spokesman said. The Ex-Im Bank will provide 31.1 billion
      Reuter/AFP  -  241 words
    • Article, Illustration
      Lock icon US administration steps up probe into loan fraud
      394 6 Reuter STUNG by criticism that it has moved tentatively and ineffectively to prosecute savings and loan fraud, the Bush Administration has selected 100 savings institutions for priority investigation. The move, disclosed by government officials on Friday, seems intended to give President Bush
      Reuter  -  394 words
    • Article
      Lock icon RJR's US$ 2.25b loan likely to be finalised this week
      225 6 Reuter SOME 28 major US and foreign banks are expected to close early this week on a U552.25 billion loan for RJR Nabisco Inc, banking sources said. "The RJR facility really went well and is expected to close early this
      Reuter  -  225 words
    • Article
      Lock icon BfG board agrees to revamp plan
      137 6 Reuter THE SUPERVISORY board of West German bank BfG Bank fucr Gemeinwirtschaft has agreed a restructuring plan for the bank, BfG said in a statement. A bank spokesman said shareholders and employee representatives had agreed unanimously to the restructuring. The statement gave no details
      Reuter  -  137 words
    • Article
      Lock icon Shearson to pay record fine for NYSE offence
      450 6 AP THE BROKERAGE house of Shearson Lehman Hutton Inc has agreed to pay the New York Stock Exchange a record US$5OO,OOO fine to settle allegations that it violated exchange rules in buying E F Hutton and Co stock in 1986. Shearson agreed
      AP  -  450 words
    • Article
      Lock icon Argentina pays creditors US$ 40m in interest
      285 6 Reuter ARGENTINA paid US$4O million in interest to creditors of its US$4O billion commercial debt, Argentine Economy Undersecretary j Carlos Carballo said. j Argentina made a similar payment in June, resuming its payments to private banks after a 26-month holdout during which it
      Reuter  -  285 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      244 6 jjjffiDDLir UPFOR nfflip ANFZim i Ist —31st July July begins with a bang at The Mandarin Singapore. In Country n Western is the draw at the 1 celebration of American Independence Day, we've XiFlft Clipper Bar. Try your hand at fun captured the pioneering spirit of the early Americans. 2nd
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      Page 6 Advertisements Column 2
      113 6 For only $399 proFAX™ I turns your home-PC into a facsimile. Yes, we are literally giving away our award winning proFAX ™l card. The card that turns your home PC into a tax machine and does things no ordinary fax can do. For instance, it can send messages at your
      113 words
  • Page 6 Miscellaneous
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  • THE REGION
    • Article
      Lock icon Malaysia needs to monitor its external trade performance
      410 7 NST MALAYSIA'S external performance in trade and services must be carefully monitored to ensure that the prospects for continued economic growth and price stability are not undermined. Bank Buruh executive director Tan Sri R V Navaratnan> said that in the short-term, however,
      NST  -  410 words
    • Article
      Lock icon KL hopes to host large world fairs
      201 7 Bernama MALAYSIA will like to be given the chance to organise world fairs similar to those held in New York and Osaka. Prime Minister Datuk Sen Dr Mahathir Mohamad was confident Malaysia would be ready to host such fairs in a few years
      Bernama  -  201 words
    • Article
      Several energy projects in the offing
      133 7 SEVERAL large hydro-elec-tric projects will be carried out in Peninsular Malaysia to meet future power needs with funds saved from scrapping the Mslo billion Bakun dam project in Sarawak. Energy, Telecommunications and Posts Minister Datuk Sen S Samy Vellu said the projects would meet
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    • NOTE BOOK
      • Article
        Condor refused landing rights on Bali
        57 7 THE INDONESIAN government has refused to allow the charter airlines Condor, a subsidiary of West Germany's Lufthansa, to land on the island of Bali, leaving 242 West German tourists grounded at Frankfurt airport, a Condor spokesman said. Their plane was to have taken off
        57 words
      • Article
        Former minister jailed
        50 7 A MANILA trial court sentenced former trade minister Troadio Quiazon and two others to up to 20 years in prison for failing to remit to the government some US$l.3 million in taxes collected by a bank they managed. Quiazon served as trade minister under the Marcos administration.
        50 words
      • Article
        India to close some offices
        73 7 THE INDIAN government, which has launched an austerity drive to save foreign exchange, decided to close several overseas offices handling trade. An official spokesman said the government had decided to close offices of the stateowned Trade Development Authority in Harare and Kuala Lumpur. The Commerce
        73 words
      • Article
        Indian PM to visit Moscow
        48 7 INDIAN Prime Minister Vishwanath Pratap Singh is to visit the Soviet Union shortly, his first visit to Moscow after being elected to office late last year. A Foreign Office spokesman said Mr V P Singh would go to Moscow "possibly" later this month.
        48 words
    • Article
      Lock icon Malaysian used car market likely to stay depressed
      487 7 Bernama PRICES of used cars in Malaysia have stabilised but sales are expected to be depressed until the end of the year, said second hand car dealers. A check with some of theni showed that sales have not increased of late. Demand
      Bernama  -  487 words
    • Article
      Lock icon Italy increasing economic aid to Philippines
      295 7 Reuter ITALY is expanding its suppart for Philippine economic programmes, an Italian deputy minister has said. The Philippines is now at the top of Italy's list of Asian countries with which trade and commercial ties will be strengthened, said Claudio Lenoci, Italy's Deputy Minister
      Reuter  -  295 words
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      676 7 t, ££sL Commemorative Insurance Savings Plan \S Guarantees growth of your money 5.5% p.a. compounded return for 10 years Guarantees security with life insurance protection in addition to your savings Guarantees payment of a lump sum in the year 2000 Guarantees acceptance of all applications up to age 55 rtff
      676 words
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  • THE WORLD 1
    • WORLD WATCH
      • Article
        EC population up by 1.75 m last year
        111 8 THE EUROPEAN COMMUNITY'S population rose by 1.75 million last year, largely due to the upheavals in Eastern Europe that sent a million people into West Germany alone. The EC statistics agency, Eurostat, said last Friday that the population of the 12 EC
        111 words
      • Article
        Brazil's privatisation bid put off
        90 8 BRAZIL'S privatisation programme, which had been scheduled to begin next month, has been postponed until October or November, according to the senior aide to the head of the programme. Eduardo Modiano, who has been named to head the privatisation programme, still hoped to privatise six
        90 words
      • Article
        Brazil's industries criticised
        86 8 MOST BRAZILIAN INDUSTRIES, long protected from foreign products, is far from being competitive by world standards, says a survey of 220 companies that was sponsored jointly by the American Chamber of Commerce in Sao Paulo and the Sao Paulo State Industry Federation, FIESP. The survey said "less
        86 words
      • Article
        Move towards Chilean-US pact
        56 8 CHILEAN FINANCE MINISTER Alejandro Foxley has said that his country will begin talks this week with the US that-may eventually lead to a free trade agreement. "This is a first step that might or might not lead to a free trade agreement," he said at a
        56 words
      • Article
        Japanese grant for Nigeria
        84 8 JAPAN is to give Nigeria a grant totalling 1.58 billion yen (US$lO.5 million) for two development projects in the West African state. The agreement was signed in Lagos by Nigerian Finance Minister Olu Falae and Japan's ambassador in Nigeria, Yasushi Korokochi, last Friday. It provides 684
        84 words
      • Article
        Polish farmers hold protests
        58 8 FARMERS accusing the Solidarity-led government of killing off Polish agriculture marched through Warsaw last Saturday as their leaders opened crucial negotiations on farm prices. Several hundred paraded through Warsaw singing patriotic songs and carrying a large black coffin meant to symbolise the death of farming at
        58 words
      • Article
        Namibia unveils first budget
        54 8 THE NAMIBIAN GOVERNMENT, announcing its first budget since obtaining independence, last Friday declared war on poverty and promised a major role for the private sector. The proposed budget of 2.37 billion rand (US$9OO million) allocates the largest chunks for education and the development of infrastructure, such
        54 words
    • Article
      Lock icon Survey shows jump in Japanese household savings
      354 8 Asahi JAPANESE HOUSEHOLDS continue to stash away large portions of their annual incomes, but are also spending more on household appliances, according to the results of a survey released last Friday by the Japanese Management and Coordination Agency. The survey of about 55,000
      Asahi  -  354 words
    • Article
      Aussies uncertain about Soviet market
      634 8 DELAYS IN payments for wool exports and the problems of the computer maker Labtam have created the impression of a crisis in the So-viet-Australian trading relationship, according to the Australian Financial Review. But as Australia's leading company executives gather in Moscow this week for the
      634 words
    • Article
      Lock icon South Korea to raise research spending
      185 8 Reuter SOUTH KOREA, increasingly facing difficulties in obtaining high-technology, plans to raise research spending rapidly to develop technology by itself, economic planning officials said. "The annual spendings will increase from 3J trillion won (US$4.6 billion) last year to between seven and 10 trillion won
      Reuter  -  185 words
    • Article
      Lock icon Trade turnaround brings China US$ 2.5b surplus
      351 8 Reuter CHINA has slashed imports and increased exports to post a trade surplus of U552.56 billion in the first half of this year, reversing last year's sizeable deficit. The New China News Agency quoted customs statistics yesterday as showing that exports in the
      Reuter  -  351 words
    • Article
      Lock icon US firm wins trademark dispute
      223 8 AP AN AMERICAN electronics company has won a dispute in China over the use of its brand name, Santak. The decision reflects China's recent policy of protecting foreign trademarks, after decades of non-enforcement. The China Daily said yesterday the state Trademark Review and Adjudication Board
      AP  -  223 words
    • Article, Illustration
      Lock icon T&T to woo European tourists
      541 8 Reuter TRINIDAD AND TOBAGO is setting out to woo holidaymakers from faraway Europe partly because tourist planners fear a US recession will cut American travel to the Caribbean. "We feel Europe is a better market for us," said Bhocndradatt Tewarie, the Minister of Industry, Enterprise
      Reuter  -  541 words
    • Article
      Lock icon Fed gets no guidance from latest set of US jobless figures
      557 9 IHT NEUTRAL, even muddled, data on US unemployment published last Friday left the Federal Reserve Board on hold even while the government renewed its pressure for a reduction in interest rates. Financial markets had been anxiously awaiting the June
      IHT  -  557 words
    • Article, Illustration
      Lock icon EC official criticises US stand on farm subsidies
      340 9 Reuter US DEMANDS for the European Community to end farm subsidies are unrealistic and Washington should reverse its stand on the issue, says a top European Community official. Frans Andriessen, a vice-president of the European Commission, has criticised Washington's handling of the
      Reuter  -  340 words
    • Article
      Lock icon Summit pledges unlikely to appease environmentalists
      251 9 AP WORLD LEADERS will focus on global warming and the destruction of rain forests at the economic summit in Houston, but they are unlikely to do enough to satisfy environmentalists. The seven summit partners are expected to sign a communique outlining how they will
      AP  -  251 words
    • Article, Illustration
      Lock icon Sunny treat for nuclear warrior
      45 9 Nuclear power may run the aircraft carrier USS Cart yimson, but for this sailor, nothing beats solar power. He took some time off to catch some sun during the vessel's stopover in Hongkong over the weekend. AFP picture AFP picture
      AFP picture  -  45 words
    • Article
      Lock icon E Germany clips wings of grocery monopolies
      206 9 AP EAST GERMANY gave control of grocery stores to communities last Friday after consumers found big price increases during their first foray into the free market. Stung by the soaring prices that followed the merger of the German economies last Sunday, Parliament passed
      AP  -  206 words
    • Article
      Lock icon French minister calls for tough line on Tokyo
      280 9 AFP FRANCE is "skirting national disaster" because of a failure to face up to Japanese competition, and needs to draw up a "combat strategy", to avoid losing all its essential industries, says the country's European Affairs Minister, Edith Cresson. In an interview
      AFP  -  280 words
  • Page 8 Advertisements
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      127 8 EMIRATES TOUCHES DOWN IN COLOMBO TWICE WEEKLY M li)u 1 ffl' ■ftj l L^t^oSi^^mm^^nSSSSSSSMf&^S&^^fn^ STOK^^^EBsSBoiwSBwTOSOBWSwPs3iTOOT®SwH^IOT^^^^^3R^^^»^'«^S^Si®SOTI^^«EBBI^HH(WHBBWWBHBBWw Fro/n 17th June Emirates commences services from Singapore to Colombo twice a week. Fly Emirates on Thursday and Sunday to Colombo and beyond to Dubai and Europe. From take off to touchdown we make time
      127 words
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      Page 9 Advertisements Column 1
      378 9 »o I J w 4 If you have to sit on a plane pick a seat where you can for hours at a stretch, stretch for hours. i,I r£ Fully adjustable to prevent neck and headaches. No airline's more Lud hack r than us-a full nine 'A V v/f £wrfc.
      378 words
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  • ANALYSIS
    • Article
      Lock icon No love lost in farewell to Soviet arms
      875 10  -  The once mighty Soviet army is under siege from its Warsaw Pact allies. As it withdraws its occupying forces from newly democratic countries in the East bloc, it is facing a battery of angry claims and lawsuits Colin Mclntyre reports. Colin McIntyre
      Reuter  -  875 words
    • Article, Illustration
      Lock icon Poised to take a lead in software
      1006 10 Japanese software companies have been handicapped by a need to service their home customers. But experts believe it is only a matter of time before they compete strongly in the US and European markets FT WESTERN computer companies threatened by the flow of
      FT  -  1,006 words
    • Article
      Lock icon Tokyo's public works commitment may worsen inflation
      671 10 Reuter Higher inflation may be the price Japan will have to pay for its commitment to improve its infrastructure through a 10-year programme of higher public works spending, economists say. The commitment was made to the United States at the recent Japan-US trade
      Reuter  -  671 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      144 10 L__ An unusual combination of ffuL traditional Chinese dishes and succulent seafood is being created at Singapore's newest restaurant. Inspired by the vast variety of jBE* Chinese dishes and the bounty of the sea, the Hai Xiang's chefs have come up with a menu to please everyone. Whether you're celebrating
      144 words
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      Page 11 Advertisements Column 1
      155 11 As Global Competition Intensifies, Information Systems Must Change To A Competitive Advantage. i f,l R*i /I) Economic experts agree that the 1990s tegy far more flexible and able to adapt Its client/server architecture lets you will see unprecedented competition in rapidly to change than those of the past distribute computing
      155 words
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  • FOCUS
    • Article, Illustration
      Keep your customer satisfied
      772 12  -  In part five of our series on customer service, David Gabriel writes about satisfying the customer's needs ENTERPRISE MANAGEMENT David Gabriel TO WIN and then keep customers, a company has to help its customers get what they want. Customers do not often know exactly what they
      772 words
    • Article
      Let the computers do the accounting for you
      680 12  -  SPOTLIGHT ON MANAGEMENT By George Lye George Lye is a consultant with Ernst A Young CASH FLOW. Budgets. Inventory. To the entrepreneur, these are not buzzwords in a management textbook, but responsibilities and challenges faced every day. To be successful, a businessman
      680 words
    • Article, Illustration
      Lock icon Corn flakes feel the bite of Mutant Ninja Turtles
      840 12  -  Frank Lipsius reports on the rising power of kids consumerism Frank Lipsius FT 'SOMETHING weird's going on," goes the theme song of the extremely popular Ghostbusters film, which in America has spawned an hour-long, Satur-day-morning kiddie cartoon. Along with the cartoon,
      FT  -  840 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      31 12 INTERSTAT Elegant ergonomics. Extreme versatility. INTERSTAT-The ultimate office furniture system. ■fc= TANGLIN CORPORATION IHHB (PRIVATE) LIMITED 39. Sungei Kadut Street 1. Sungei Kadut Industrial Estate Singapore 25/2 Tel: *****81 Fax: *****81.
      31 words
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      Page 12 Advertisements Column 2
      295 12 MEMOPAD Seminars and courses Duration Title Or»-to«r Td Jul 9 Talk on: "Software SMA House Singapore *****87 Implementation of MRPII Manufactures JIT System for SMEs" Association Jul 9-10 Taking Strategic Financial Sheraton Tower Cranfietd School of Mgt ***** Control Hotel Peat Marwick Mgt *****63 Jul 9 10 Professional Selling PTS
      295 words
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      Page 12 Advertisements Column 3
      44 12 -^«rr' sE' w^®lsi^K l %sSfc H -.pp m Wednesday. July 11.1990 Grand Ballroom Hilton International Singapore Viewing cocktails: 4pm 7pm Auction Sale: 7pm 9pm Auctioneers: Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd Siowffoom #03-28 Raffles City Shopping Canfv Tet 338 813&336 8468 q
      44 words
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  • SPORTS
    • Article, Illustration
      Lock icon Navratilova gets her record ninth
      919 13 AP MARTINA NAVRATILOVA danced on Wimbledon's centre court on Saturday as if it were her private garden, a special place where she is intimate with every blade of grass and knows all the bounces. She was born in Czechoslovakia and has lived in Dallas, Texas,
      AP  -  919 words
    • Article, Illustration
      Lock icon Baggio Schillaci settle it for Italy
      779 13 AP NYT A MOMENTARY LAPSE by Peter Shilton, probably playing his last match in goal for England, and a flash of opportunism from Roberto Baggio put Italy on the way to a 2-1 win and third place in the World Cup in Bari on
      AP; NYT  -  779 words
    • SIDE LINES
      • Article
        Wadkins leads Strange by three
        118 13 LANNY WADKJNS shot a four-under-par 67 in Virginia on Saturday and opened a three-shot lead over Curtis Strange after three rounds of the Anheuser-Busch Golf Classic. Wadkins improved to 15 under par on 198 for the 6,776-yard, par-71 Kingsmill Golf Club course. Strange chipped in
        118 words
      • Article
        Mears breaks own record
        115 13 RICK MEARS broke his own track record on Saturday and held off a determined bid by team-mate Emerson Fittipaldi to win the pole position for the Cleveland Grand Prix Indy-car race yesterday. Mears nailed down his third road course pete and the 34th pole position of
        115 words
      • Article
        Aussies triumph
        102 13 AUSTRALIA scored its biggest-ever rugby union Test match victory yesterday when it thrashed the US 67-9 at Brisbane's Ballymore ground. From Michael Lynagh's opening try after two minutes, the visitors had no answer to Australia's power and pace. Lynagh went on to equal his personal Test best with
        102 words
      • Article
        Ikangaa wins half-marathon
        77 13 JUMA IKANGAA of Tanzania yesterday won the men> Sapporo international half-marathon while American Lisa Weidenbach took the women's event. Ikangaa covered the 21.0975 kms through the streets of Sapporo, in northefh Japan, in one hour, three minutes, 56 seconds for his third triumph in this race. The
        77 words
      • Article
        French yacht sails to victory
        114 13 A FRENCH YACHT manned by Celine Hendrickx and Catherine Condolf won the Ladies International 420 Class World Championship by a wide margin yesterday, with victories in four of the six races. The Hendrickx team won the final race after finishing fastest in the first, third
        114 words
    • Article, Illustration
      Eing Chong wins playoff
      295 13  -  By Cassandra How THE final day of The 1990 Tiger Beer Open Golf championships reached a climax yesterday when local pro Samson Gimson forced a playoff after he returned with a 68 to tie with overnight leader Poh Eing Chong for an overall score of 210.
      295 words
  • Page 13 Advertisements
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      51 13 MADE IN T B H INTRODUCTORY OFFER 40% OFF FULL RANGE MENSWEAR 1 I PLUS SPECIAL OFFER FOR JULY 1990 60% OFF ON ALL MISSONI TRAVEL WEAR KNITWEARS BLAZERS RAINCOATS OVERCOATS TROUSERS JACKETS EXCLUSIVELY AVAILABLE AT 03-18 DELFI ORCHARD 402 ORCHARD ROAD TEL: *****82 OEPNING HOURS 11 AM TO 8
      51 words
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      Page 14 Advertisements Column 1
      814 14 WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE. DINE AND ENTERTAIN... WHERE TO WINE, DINE... I Si FIE ST A FILIPINO JULY 9 22 AT THE TEA ROOM The exotic heritage of Filipino cuisine, an exuberant blend of Malay, Chinese, Spanish and American dishes prepared by master chefs specially
      814 words
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      Page 14 Advertisements Column 2
      293 14 Ist 31st July From corn-fed American cattle come succulent, juicy steaks Roast Prime Rib of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. sth door 333 (VcWd 0923. TX: *****11. Ground Floor The cool inviting pink and blue setting The innovative
      293 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      671 14 TELEVISION AND RADIO n. T *1 1 A "1 Mm***i- < (Documentary, T). Song Huat interviews Prime l\l n Iri P T SBCI2 6.25 Haws (T). Minister Mahathir on van- jny WimW^ I I/VC I I 1 Idm I (1 dm ccadmi4 ii 'oa 45 M Plm M w,sh,n B
      671 words
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  • THE ARTS
    • Article, Illustration
      Notes from the director's chair
      1287 15  -  Drama in opera is not a poor cousin to music. Opera is drama. Tom Hawkes, here to direct the local production of Carmen later this month, talks to P Y Van about his role as opera director. P Y Van OPERA. The word conjures up
      1,287 words
    • Article, Illustration
      Lock icon British writers take to the offbeat
      1067 15  -  A new generation of British writers is moving away from what has come to be thought of as 'the typical English novel to produce more experimental fiction. Michiko Kakutani reports. Michiko Kakutani NYT WHEN readers think of innovation and experimentation in the recent novel,
      NYT  -  1,067 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      231 15 AND ENTERTAIN Set Your Heart On Our Set Meals. LUNCH: II MAM TO 1 Bflw? /HR Vt 2 JOPM. ll* 50* HfSJlßri PER PERSON DINNER fc JCPM TO jM iojopm *W$ PER PERSON The Cafe-in-the-Park is well known for its excellent food. And now, for its value-for-money set meals. Everyday,
      231 words
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      Page 15 Advertisements Column 2
      285 15 I lyv 44** jst. A idk- .1^ Wc arc proud to promote the most well-known and high J quality beef originated from Japan. This beef comes from* a specially bred cow which was beer-fed to produce fats 2 within certain part of the beef hence giving a juicy taste. Due
      285 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Lethargic performance expected to persist
      4764 16  -  By Magdalene Ng BARRING A BURST of favourable news such as sparkling interim corporate results, Singapore's stock market is expected to continue its lacklustre performance this week. Activity is expected to centre around speculatives and situational counters such as Kemayan and Guthrie GTS, finance and
      4,764 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4204 17 Main Board Asia Pacific 1000 +60 +*.4% SI A Foreign 1850 50 +1.8* SPH Foreign 1100 +50 +*.8% CAC 480 44 13.1% UOB Foreign 715 +35 +5.1% ICeppet Corpn 790 30 +3.9% UOB 665 +25 +3.9% CAC Wt 212 +23 +12.2% SIA 1360 +20 +1
    4,204 words
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  • MARKET REVIEWS
    • Article, Illustration
      Lock icon Prices advance as politics recede
      1786 18 DBS Securities $VITH political uncertainties gradually diminishing, the -Hongkong market staged a fully last Monday. > After a firm opening in the morning, increased overseas buying of blue chip lagMrds in the afternoon Khed the Hang Seng Index ffght through the pre-June 4 high of
      DBS Securities  -  1,786 words
    • Article
      Market kicked in a few places where it hurts
      646 18  -  0N5QN By Ray Heath THERE was much re-rating going on in London last week. The most pleasant of re-assessments was of England's World Cup Squad in Turin. Written off even by their own fans as second raters who relied more on
      646 words
    • Article
      Lock icon All quiet on the American front
      569 18 FT THE ONLY fireworks around Wall Street last week were to be found in the annual pyrotechnic display above Manhattan's East River as the US celebrated Independence Day. For with much of Wall Street stretching the holiday into a very long weekend, stock market
      FT  -  569 words
    • Article
      Lock icon Arbitrage lifts prices
      505 18 AFP SHARE PRICES continued to advance on the Tokyo Stock Exchange last week, supported mainly by indexarbitrage buying by Japanese and foreign investors. The Nikkei Stock Average of 225 selected issues in the major first section of the market closed at 32.445.12 yen for a weekly gain
      AFP  -  505 words
    • Article
      Lock icon Buying spree gives a fillip to market
      184 18 AFP LOCAL BUYERS on a spending spree boosted Australian stocks last week despite the strong local currency, dealers said. The main market indicator, the All Ordinaries Index, rose 53.5 points to 1554.4. The All Industrials was up 81.2 points to 2449.0, the All
      AFP  -  184 words
    • Article
      Lock icon Share prices soar
      160 18 BOMBAY AFP PRICES soared on Indian stock markets last week in a sustained bull run sparked by impressive corporate results and the government's endorsement of a liberal industrial policy. At one point on Friday, the Bombay Stock Exchange index crossed the 900-mark and shot up to 910.73
      AFP  -  160 words
  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      346 18 /y*rS Golden Hope Plantations Berhad (Incorporated in Malaysia) Golden Hop* NOTICE OF MEETING NOTICE IS HEREBY GIVEN tat to Fourteenth Annual General Meeting of to Company will be held at to Sarawak Room, Basement 2, ShangriLa Hotel, 11, Jalan Sultan Ismafl, ***** Kuala Lumpur, on Wednesday, Bth August, 1990, at
      346 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Blue chips stand out in an uncertain market
      4026 19 MBT UNCERTAINTY was the watchword at the Kuala Lumpur Stock market last week as three of the four sessions produced mixed trading. Overall, the market settled mixed but a heartening point is that blue-chips were sought after and hefty gains were seen
      MBT  -  4,026 words
  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      222 19 I. /S initTtxle Electrodes (P) Ltd., 11 fVlhave installed a High Alloy welding jj Electrodes manufacturing plant at Hyderabad, j India, in Technical and Financial Collaboration I with M/s Omnitrode Edelstahl Elektroden H i GmbH, Heme, West Germany. We manufacture a comprehensive range of High ||ij Alloy Welding Electrodes conforming
      222 words
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  • WORLD STOCK MARKETS
    • Dow rebounds in year's lowest volume
      • Article, Illustration
        NEW YORK
        1001 20 US SHARE PRICES rebounded smartly on Friday from a 32-point decline on Thursday, helped by gains in consumer issues and several flurries of buy programs. Stocks shrugged off a steep decline in the bond market that was prompted by a strong upward revision m the May jobs data.
        1,001 words
      • Article, Illustration
        LONDON
        797 20 SHARE PRICES closed higher on London's Stock Exchange on Friday, buoyed by a good performance on Wall Street. Volume was brisk, and dealers cited a broad-based program trade. But dealers said sentiment remained nervous because of concerns about the outlook for British corporate profits and a comment on Thursday
        797 words
      • Article
        INDICES & TURNOVER
        87 20 INDICES TURNOVER July 6 Close PkvIosi NEW YORK Dow Jones 2904.95 2879.21 +25.74 NYSE Financial 144.19 143.53 +0.66 SAP 500 358.42 355.68 -2.74 Turnover (million) 112 128.32 •16.32 LONDON Financial Time* 30 1865.0 1858.2 +6.8 FTSE 100 2340.0 2331.4 +8.6 Turnover (million) 739.8 386.8 353.0 AMSTERDAM CBS General NA 196.40
        87 words
      • Article
        BRUSSELS
        148 20 BELGIAN SHARES closed narrowly mixed on Friday with an easier bias as the market remained becalmed by a lack of fresh news and the absence of operators on vacation. Turnover to- tailed a paltry 479 million francs, well under half average levels. "We're down to the lowest volumes we've
        148 words
      • Article
        MILAN
        179 20 ITALIAN SHARE prices extended their weak run to close 1.21 per cent down on Friday overall under pressure from the persistent selling of blue chip stocks, brokers said. The market's nerves were further jolted by talk a broker was facing problems in meeting financing guarantee commitments because of the
        179 words
      • Article
        FRANKFURT
        397 20 WEST GERMAN shares soared nearly one per cent on Friday as foreign investors apparently worried they could miss the boat jumped into the market. The DAX index of 30 leading shares closed at 1,932.80, up 18.62 points from Thursday's finish and more than 50 points or 2.8 per cent
        397 words
      • Article
        JOHANNESBURG
        384 20 THE JOHANNESBURG stock market ended narrowly mixed in continued dull trading on Friday as cautious investors remained sidelined ahead of the weekend. Dealers said investors are unwilling to take any definite positions amid continued uncertainty about the gold price, adding that other economic and political uncertainties overhanging South Africa
        384 words
      • Article
        TORONTO
        205 20 TORONTO STOCKS closed flat on Friday after a week of slow trade due to holidays in Canada and the US and World Cup soccer in Europe, dealers said. Toronto rebounded from an early loss after an upward revision in US jobs data for May, they added. The composite index
        205 words
      • Article
        ZURICH
        285 20 SWISS SHARES closed higher in lively trading on Friday, buoyed by «gn« that Swiss interest rates were now beyond their peak. The all-share SPI index closed 12 points or one per cent higher at 1,221.3, marginally below its new year high of 1,221.5. The SMI index of leading shares
        285 words
      • Article
        PARIS
        266 20 FRENCH SHARE prices broke through the psychological barrier of 2,000 on Friday to close slightly higher in lastminute bargain-hunting, dealers said. The CAC-40 index closed at 2001.90, up 1.92 on last night's close after hitting a low of 1989.54. After briefly rising two francs, Renault ended unchanged at 1,975.
        266 words
      • Article
        Untitled
        265 20 Other markets in Europe, South Africa and Canada Amsterdam Jrty 6 Fb ABN 37.60 unch Aegon 132.50 0.6 Ahold 142.50 unch AJcbo 123.60 +0.8 Airenta 156.80 +0.1 AMEV 58.20 +0.3 AMRO 74.70 -0.1 Ass. Stad 46.60 +0.3 BOLS 183.00 -2.5 Borsumy 93.90 +1.5 Buehrman Tetterode... 73.60 +0.4 CSM 89.30 3.5
        265 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article, Illustration
      Lock icon Greenback finishes mixed following mid-week pressures
      424 21 THE US DOLLAR closed mixed, gaining more than one yen and a fraction of a pfennig but slipping against sterling and the Canadian dollar last Friday after taking some heavy beating during mid-week. New US jobs data did not have a major influence, with
      Source: Tele Trac  -  424 words
    • Article
      Lock icon US$ falls against most Asian currencies
      515 21 ASIAN CURRENCIES AFP THE US DOLLAR weakened against most Asian currencies last week, following President George Bush's concession that he may have to increase taxes, contrary to a widely publicised election pledge. Foreign exchange traders were cautious on the long-term prospects of the US
      AFP  -  515 words
    • Article
      INTERBANK FOREX RATES
      378 21 Cress rates juiy? USS SS MS Dm Yen SFr AS NZS USS 1.6525 151.70 0.5598 1.3980 1.2550 1.6935 SS MS Dm 0.6051 0.0000 0.0000 91.80 0.3387 0.8460 0.7595 1.0248 Yen 0.6592 0.0000 0.0000 1.0893 0.3690 0.9216 0.8273 1.1163 1.7865 0.0000 0.0000 2.9522 271.01 2.4975 2.2421 3.0254 SFr
      378 words
    • Article
      MONEY MARKET
      563 21 Interbank rates S$ Bid Offer Overnight 7 1/4 7 1/2 1-month 7 3/4 7 7/8 2-month 7 3/4 7 7/8 3-month 7 3/4 7 7/8 Overnight mode: 7-3/4 USS High Low 7 days 8 1/4 8 1/4 1 month 8 3/16 8 3/16 2 months 8 3/16 8
      563 words
    • Article, Illustration
      Lock icon Traders press for change in measuring Footsie futures settlement price
      477 21 Reuter PRESSURE is growing for a change in calculating the settlement price of the FT-SE 100 stock index futures to avoid a repetition of complaints that equity marketmakers were attempting to manipulate the market, futures traders and analysts said. Last
      Reuter  -  477 words
    • Article
      Lock icon Dealers see flexibility in Bundesbank
      347 21 Reuter THE EXTRA tender for securities repurchase funds announced by the Bundesbank last Friday shows the central bank will be flexible in responding to the consequences of German monetary union, dealers and economists said. Dealers said the Bundesbank had injected about 6.6 billion marks at
      Reuter  -  347 words
    • Article
      FINANCIAL FUTURES
      290 21 COjjEX July 6 COLD FUTURES (100 oz) USS/oz Open High Low Settle Change Jul 361.10 -0.30 Aug 363.30 364.70 362.70 362.90 -0.40 Sep 364.80 -0.40 Oct 367.20 368 40 366.80 367.10 -0.30 Dec 372.00 373.00 371.50 371.60 -0.30 Feb 91 376.70 376.70 376.50 376.20 -0.20 Apr 380.70 380.70
      290 words
    • Article
      Lock icon UK blasts two-speed approach
      116 21 AFP BRITISH Chancellor of the, Exchequer John Major last' Friday attacked the "twospeed" approach to EC mod-', etary union that diplomats say seems to be gaining' ground among decision-malt l ers .v>In an article published ia the Belgian financial datty Les Echos de la Bourse, Mr
      AFP  -  116 words
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      PRIME LENDING RATES
      505 21 BANKS ABN Bank IVi Allied Irish Bulk PLC t American Express Bank Sft Am'Dam R'terdam Bank IVj Arab Banking Corp 8V1 Arab Bank Lid 7% Asia Commercial Bank 7*h ANZ Banking Group 8*4 Ban Hin Lee Bank 7Vi Banca Commerciaie SV« Banco do Brasil I Bangkok Bank
      505 words
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  • COMMODITIES
    • Article
      Lock icon Cuba pushing for higher sugar, nickel output
      486 22 Reuter CUBA PLANS to increase production of sugar and nickel over the next few years to boost exports and also to satisfy its own industrial needs. Deputy Foreign Trade Minister Alberto Betancourt Roa said on Saturday said that Cuba, which is the world's
      Reuter  -  486 words
    • Article
      Lock icon Costa Rica seeks higher coffee export quota
      289 22 Reuter COSTA RICA will lobby the International Coffee Organisation (ICO) for an increase in the amount of coffee it will be allowed to export, said Second Vice-President Arnoldo Lopez Echandi. The country plans to do this at an ICO meeting in London on
      Reuter  -  289 words
    • Article
      Lock icon Rhodium soars to record levels on heavy demand
      884 22 WEEKLY ROUND-UP AFP PLATINUM group metal rhodium's role as an essential component in anti-auto pollution catalytic converter manufacture helped take it to record levels above US$7,OOO per ounce last week. The emergence of supply concerns due to recent production problems in South
      AFP  -  884 words
  • Article
    PRICES
    1128 22 Rubber KAS (l>» h toto) S cents/kg Int I RSS Close July 2 158.25 July J Closed July 4 i-i .1 —157.75 July 5 157.50 July 6 ~—157.00 MKELB In halt) M cents/kg Int I RSS Close July 2 Closed July 3 233.00 -j July 4 233.00 July 5
    1,128 words
  • Page 22 Advertisements
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      433 22 NOTICES OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME I. CHANG HAN PAN of 37, CASHEW TERRACE, S PORE 2367 hereby give notice that in consequence of purchase over 'N AVI ll' by my co., SIN YEONG CHEONG MARINE PTE LTD of B* 8 Manflng Industrial Estate Road 3,101-06, Singapore
      433 words
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      Page 22 Advertisements Column 2
      142 22 NOTICE YJL DH9NKWNG PTC LTD (h VsWuj Liaatiattaa) Notice Is hereby given pursuant to Section 308(2) of the Companies Act. Cap. 90 that the Final Meeting of members of the above named Company will be held at the office of David Wong ft Co 158 Cecil Street. #07-02 Par Eastern
      142 words
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      Page 22 Advertisements Column 3
      21 22 I I li T JUSTCALL^ 737-1166 Business heats up when you make the call and place an ad. fl CJLTJ. 1737-11—I
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      Page 22 Advertisements Column 4
      15 22 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1059 23 CKy FRght ETA FVght ETD MalaM* QF81 1900 SQ225 2215 SQ228 1915 RJ182 1445 RJ183 2320 Amsterdam KL841 1055 GA892 0110 SQ23 1200 KL842 2035 QF005 2230 ftwklart TE25 1800 TE26 1920 SQ388 2025 Bandar S«rl BJ421 1105 SQ182 0915 Bacnma SQ181 1410 BI422 1205 B1429
      1,059 words
    • Article, Illustration
      Where some things never change
      604 23  -  LETTER FROM MUMBAI By B J Fernandes THEY once called it Bombay. Now it is Mumbai. The flight announcement confirms it as the plane lands at midnight at an old watering hole newly redefined. For someone who cut his milk teeth in Bombay, Mumbai has
      604 words
    • Article
      MONEY CHANGER RATES
      155 23 As at 3pm yesterday; Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4320 1.4820 Canadian dollar 1.5600 1 5800 NZ dollar 1.0670 1.0970 Sterling pound 3.2500 3.2800 US dollar 1.8270 1.8370 Local dollar* to 100 units of foreign currency Austrian schilling 15.40
      155 words
    • Article
      WORLD TRADE EXHIBITIONS
      154 23 Duration Title Venue Organ taer Td Duration Title Venue Organ tacr Td July 12- Property Financing Hikon AIC 03-*****43 Aug 1-2 New Trends In The Hilton Hotel AIC *****98 13 Kuala Conference 1 Hotd A Resort Jakarta Conference Lumpur Industry July 12 Effective Marketing Hilton AIC 03-*****43
      154 words
  • Page 23 Advertisements
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      53 23 Avy ~w~ > jl Ihe Plaint" ptr«>n Jixkc cur\ I uoil.iv I I hur^ii.n. s it.:ril.r. .iru! Viiniiv 1 i n Hangi \t r t"> il 22 I"> hour* mil irr: v n it JL X. Aikrcm viu* tin IS\tk MW .lav A ill; i: I! < H l"i: i
      53 words
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      Page 23 Advertisements Column 2
      139 23 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 daily reporting. As part of BT's overall service we have always recognised this and taken the necessary steps. Filling the gap
      139 words
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      255 23 7 Victoria's comment on observing that gillie Brown 8 Small lakes where a sailing vessel capsizes (5) 13 Chased, and that is very serious in an 15 Enquiry finds in favour of 17 Demonstration in favour of L«J—LJ—— a Lords contest 20 Purpose of sticking plaster to provide a waterproof
      255 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      201 23 Singapore Outlook: Fair Report Max temp. 31.1"C Assoc humidity 75% Min temp. 23.4"C Assoc humidity 100% Hrs of sunshine 2.70 Rainfall in mm 38.S Rainfall this mth 44.9 Rainy days this mth. 3 World report Asia-Pacific Hi/Lo* Cond. Auckland 14/10 Showers Bangkok 33/26 Showers Beijing 29/19 Cloudy Brunei 32/23 Showers
      201 words
    • Miscellaneous
      Page 23 Miscellaneous Column 3
      21 23 v rmOFFfothe.miQH A TNO UXD«< Toc*vy,Jones WEALTH CLUB v \< V (TQHlhKyog J y \'{i\ C EVENMO STAMOAM) CO. LTD., IM2-19M *IN>
      21 words
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  • Article
    Lock icon Albania sacks minister, says refugees free to leave
    258 24 Reuter ALBANIA'S communist rulers, rocked by unprecedented public dissent, fired their hard-line interior minister and said nearly 5,000 refugees packed into foreign embassies could leave the country. Reformists appeared to have gained the upper hand on Saturday at the end of a
    Reuter  -  258 words
  • Article
    Trade thriving between Hongkong and US
    324 24 TRADE between Hongkong and the United States has never been better, according to the South China Morning Post. This is despite the fact that Hongkong last year was removed from the list of countries on the General System of Preferences, which entitles developing countries
    324 words
  • Article
    Local plant offers regional foothold for Aussie firm
    344 24  -  From Florence Chong in SYDNEY SYDNEY-BASED Permas-teel-Isa plans to set up a factory in Singapore and start production before the end of the year following the award of a A$SO million curtain wall contract for a major development project in the Republic.
    344 words
  • Article, Illustration
    Lock icon Keeping in step with government policy
    41 24 Beijing University undergraduates are seen here jogging at an army camp in Shijiazhuang. Under a government decree following last June's pro-democracy unrest, all students must undergo a year of military training. AFP picture AFP picture
    AFP picture  -  41 words
  • Article
    Lock icon Aquino planning bond issue to support movement
    339 24 AFP PHILIPPINE President Corazon Aquino said yesterday that she will soon launch a bond issue to support her Kabisig (Linked Arms) movement which she formed last month to help the bureaucracy implement government projects. "I will launch Kabisig bonds as soon as possible,"
    AFP  -  339 words
  • Article
    Lock icon Law to protect rural enterprises in China
    184 24 AFP CHINA'S rural enterprises, a major source of economic growth but often hostage to political change, will prosper under the protection of a new law, the official China Daily said yesterday. The law, dubbed "the protective god" by economists, came into effect on
    AFP  -  184 words
  • Article
    Lock icon Nat Front not afraid to be judged: Mahathir
    378 24 Bernama MALAYSIAN Prime Minister Datuk Sen Dr Mahathir Mohamad said yesterday that the Barisan Nasional (BN) is not afraid to be judged by the people and to face the general election soon. The BN would continue to uphold parliamentary democracy and constitutional
    Bernama  -  378 words
  • Article
    Lock icon Hanoi to reinforce investment drive
    108 24 Reuter HANOI plans to reinforce its foreign investment drive. "We will create any conditions for further strengthening of investment and trade," Vietnamese Deputy Prime Minister Vo Nguyen Giap said in Kuala Lumpur yesterday at the end of a five-day visit to Malaysia. He reassured China,
    Reuter  -  108 words
  • Article
    Lock icon Economic triangle will be catalyst for Johor's growth
    264 24 Bernama THE economic triangle involving Singapore, Batam and Johor will serve as catalyst for the state's intensive economic growth. Chief Minister Tan Sri Haji Muhyiddin Yassin said yesterday. He said the growth would be intensified by the opening of heavy industry sites
    Bernama  -  264 words
  • Page 24 Advertisements
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      109 24 Baume Mercier GENEVE 1830 A THAILAND CONSULT THE SPECIALISTS S\N* —y The Tara Siam Thai Quoted Companies Performance Rankings Guide c Every company in its place at a glance Tara Finßeports The answer for those who need to know about Thai Financial Institutions The Tara Siam Thai Securities Industry Annual
      109 words
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      Page 24 Advertisements Column 2
      122 24 Baume Mercier GENEVE 1830 fl| fc SQbl. 1 it V b- .vr^^^lkk Bk Dauphin Sitzrultur THE STRENGTH OF YOUR COMPANY IS IN THE BACRBONE OF YOUR EMPLOYEES. Display your corporate philosophy. The Dauphin Basisline product range from West Germany constitutes a programme chairs expressing corporate design at every work station.
      122 words
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  • Shipping Times
    • Article
      Bintulu port to invest M$ 60.4m in eight projects
      328 25  -  By James Ritchie THE BINTULU Port Authority (BPA) plans to invest M 560.4 million in eight projects under the Sixth Malaysia Plan (1991-1995). BPA official Julayhi Tani said this follows the port's impressive performance and is to cater to future demand.
      328 words
    • Article
      Electro lux SEA wins $10m CAAS contract
      159 25 ELECTROLUX SEA has clinched a $10 million cleaning contract from the Changi Aviation Authority of Singapore (CAAS), the former's single largest deal so far. The three-year contract is to provide cleaning maintenance at the Terminal 2 departure hall at Changi Airport. Electrolux's commercial
      159 words
    • Article
      BA closing Aussie air cargo business
      167 25  -  Florence Chong BRITISH Airways (BA) is folding its air cargo operations in Australia and has appointed World Aviation Systems (Australia) Pty Ltd to look after its freight interests. Carriers flying on the long-haul European routes have been facing a decline in the volume of
      167 words
    • Article
      Merger move cuts Aussie coal charges
      589 25  -  From Brian Gomez in SYDNEY THE MERGER of the two coal loading companies in Newcastle, Australia, has resulted in a 4 per cent cut in ship loading charges. The New South Wales Minister of Transport, Mr Bruce Baird, said the takeover of the Kooragang
      589 words
    • Article
      Tax-exempt plan for Manila industry
      162 25  -  A1 O Labita THE Philippine Congress is considering passing a bill exempting the financially ailing shipbuilding industry from taxes to avert its possible collapse. The bill, authored by congresswoman Lorna VeranoYap, seeks to exempt the industry from import duties and value-added tax and grant it
      162 words
    • Article
      Lock icon Concern in US over possible double-hull exemption
      170 25 AP THE US Congress is moving slowly towards an agreement to require double-hulled oil tankers and barges, but environmentalists are already complaining about a possible exemption for smaller vessels that ply inland waterways. House and Senate conferees next week begin working out differences
      AP  -  170 words
    • Article, Illustration
      Singapore widens lead over HK as world's top container port
      383 25  -  By Rahita Elias SINGAPORE has widened the lead over Hongkong in the race to be world's number one box port this year, handling 160,000 20-foot containers (TEUs) more than the colony's 1.89 million TEUs in the first five months of
      383 words
    • NEWS SUMMARY
      • Article, Illustration
        Face to face with Seigo Suzuki
        39 25 SEIGO SUZUKI (below) takes time off from his busy schedule to tell Rahita Elias his experiences as chairman of Intertanko, which represents nearly 70 per cent of the world's tanker fleet. Page 2
        39 words
      • Article
        Nedlloyd buying Philips unit
        28 25 ELECTRONICS conglomerate Philips said it was talking to shipping and transport company Nedlloyd over the sale of its Philips's Dutch transport activities Back Page
        28 words
      • Article
        Petrofina joins boycott off US ports
        34 25 PETROFINA, the Belgian oil and petrochemicals group, has become the third oil company tanker owner to boycott US ports in reaction to US tanker liability policy Back Page
        34 words
    • LOG BOOK
      • Article
        Calling operators and owners of bunker barges
        116 26 THE SINGAPORE National Shipping Association (SNSA), which will soon form a new Shipping Group (F), comprising owners and operators of bunker barges operating in Singapore, has issued invitations to such companies in the to join the association. The new grouping, the sixth within
        116 words
      • Article
        APL raises capacity by 70pc
        82 26 AMERICAN President Lines (APL) has increased its cargocarrying capacity in Malaysian waters by 70 per cent with the introduction of a 450-container self-sustaining vessel last month. Jeffrey Keck, managing director, South-east Asia, said APL had also inaugurated a new schedule for its weekly service to
        82 words
      • Article
        Seabridge buys into West Coast
        98 26 SEABRIDGE Australia Ltd, which has announced plans to promote export of Australian goods into Eastern Europe, recently acquired a 25 per cent stake in West Coast Shipping Agencies, which has offices at Karratha and Port Hedland in Western Australia. Seabridge is an experienced handler of
        98 words
      • Article
        UPS buys Seabourne unit
        79 26 UNITED Parcel Service has acquired Seabourne European Express Parcels, a division of Seabourne Express Ltd, in a move to develop a pan-European ground delivery network. Seabourne is UPS's 11th acquisition in Europe since October 1988 and the first with crossborder surface delivery capabilities. The purchase allows
        79 words
      • Article
        Indian flight resumption hailed
        75 26 INDIA'S decision to resume flying Airbus A-320s was cautiously welcomed on Friday by the press and pilots, who saw political motives in the grounding of the advanced jetliners for almost five months. The country's main pilots' union said it had already cancelled orders to its members
        75 words
      • Article
        Portuguese dockers end strike
        47 26 DOCKWORFCERS at the Portuguese port of Setubal returned to work on Thursday, ending a six-week strike over pay, a union spokesman said. The workers voted on Wednesday to go back ahead of further talks between union and management representatives to resolve the dispute.
        47 words
    • Article, Illustration
      In the swim of the business!
      1188 26  -  Seigo Suzuki takes time off from his busy schedule to tell Rahita Elias his experiences as chairman of Intertanko, an Oslo-based body representing nearly 70 per cent of the world's tanker fleet Rahita Elias UNLIKE his nickname Seigo (baby fish), Shigeyuki Suzuki is certainly
      1,188 words
    • Article
      COCKETT BUNKER MARKET REPORT
      778 26 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown arc based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      778 words
    • Article
      THE SHIPPING GUIDE
      12272 34 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
      12,272 words
    • Article
      DAILY FREIGHTS
      973 41 CHARTERING on the freight market was thin after Wednesday's Independence day holiday in the US, while the Baltic Freight Index fell a further eight points to 1,063, with all the key grain sub-indices marked lower. Talk was circulating the market on Thursday that easier rates had been agreed
      973 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        367 41 VatMl Mi D«p*tse inut Voy Kb B«» ton* Dqwrtu w Srar Jaya 15/90 P2B alongside 08.07/2230 ktq AvHRide 09 07/2300 Snh 900UB P20 alongside 12.07/0700 I™ J?? r mo7/2300 Cotttas 3/90 P4A 09 07/0700 12.07/2300 °T /9 £SJ SJ eOO Hlnenta 90 P4B 09.07/0715 09 07/1700 s
        367 words
      • Article
        CONTAINER SCHEDULE
        1317 41 gcggjgjjr EXPORT FCL CONTAINERS AND LCL CARGO Record Boott*/Babnc« Mb SMp Voy No Penod From To From P ol DhcBal Spxe 3A 1 08/1500 08/1659 08/1900 4 09/1200 09/1459 09/1700 aims, 204 2 08/1700 09/0659 09/0900 3 09/0700 09/1159 09/1400 Anson *****N 2 08/1700 09/0659 09/0900 Mp B
        1,317 words
      • Article
        IN MALAYSIAN PORTS
        379 41 Pit Klaag South Port on My 8: Milfon No 3 berth 4; Hong Soon berth 7; Metaka Jaya I berth 7A; Petro Mewah berth Jetty Shell KCT: Swadaya berth 8; Anro Australia berth 8; Ibn Majtd berth 9. forth Port Songnm berth 11; Han Chuan berth 12;
        379 words
    • Article
      Lock icon Nedlloyd buying Philips unit
      242 42 Reuter ELECTRONICS conglomerate Philips said it was in talks with shipping and transport company Nedlloyd over the sale of its Dutch transport activities. Philips gave no financial details. Philips said its own transport network was inadequately equipped to meet the physical distribution de- mands for its
      Reuter  -  242 words
    • Article
      Petrofina joins boycott of US ports
      244 42 PETROFINA, the Belgian oil and petrochemicals group, has become the third oilcompany tanker owner to boycott US ports in reaction to US tanker liability policy. The decision by Petrofina's shipowning and chartering arm, Fina Marine, follows similar moves by Shell and Elf in three
      244 words
    • Article
      HK to spend HK$ 500m on airport reclamation project
      206 42 HONGKONG will spend up to HKSSOO million for the first major reclamation work at the new airport in Chek Lap Kok starting early next year. Part of the cost, said the South China Morning Post, is expected to be paid for
      206 words
    • Article
      Lock icon Valdez clean-up: Exxon sues boat owner
      180 42 Reuter CLAIMING it was duped, lied to and cheated during last summer's massive cleanup of the Exxon Valdez oil spill, Exxon Corp has sued an Alaska boat owner for fraud, negligence and breach of contract. The suit, filed recently in Alaska Superior Court in
      Reuter  -  180 words
    • Article, Illustration
      THAI plans to list its shares on foreign markets
      380 42 THAI Airways International plans to list its shares in the stock markets of Hongkong, New York, Tokyo and London next year to finance its three billion baht (about $213 million) aircraft purchase plan. A THAI spokesman told Shipping Times: "Listing THAI's
      380 words
  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      125 25 THE SPECIALIST ftfc A e Wire Rope Sings\ e Lathing Material! Jfnnw jm a I ISiaunß dv e Lining J|jj[ INnSMABDnS SUPPLY 00. (FIK) LBk iunh|i«l n* mcgo «tpi wt mm ,v r fx Globe-trotting Alligator Mitsui O.S.K. Lines' Alligator container service spans Bp.' oceans and crosses continents by ship,
      125 words
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      Page 25 Advertisements Column 2
      27 25 Coctott report J Cortaner Schedule 17 CMy traghts 17 Inda to Advertisers 3 Gate 10.11 SNb m Port 17 Sanppore Tides 17 Weather and Sea Comtoons 17
      27 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      142 26 HAVE A CONVENTIONAL VESSEL ACCEPTING BREAKBULK CARGOES ETA SPORE 18TH JULY '90 FOR: 4DEN TRIPOLI (LIBYA) FOR BOOKINGS PLS CONTACT ARTHUR KHOO/CAROL SOON/CAROL SEAH AT *****11/*****07/*****21/*****28 AGENTS B BORNEO SHIPPING PTE LTD MASBULDMGIIS-0307 L 10 SHENTON WAY. STORE 0207 IIirTTMM TLX RS ***** CABLE SHWORNE FAX *****88 Chinese Seaman recruiting
      142 words
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      Page 26 Advertisements Column 2
      78 26 NOTICE NOTICE •TWINKLE ACS** VOT.M Arrived Singapore on 34/07/00 M.V. "EDO lUßir VOT. 1 Arrived Singapore on 94/06/90 Consignees of all damaged cargoes ex the captioned vessels are hereby notified that a General Survey will be held on the 10th of July (Tuesday) at Keppel Wharves K3O from 0000 hours
      78 words
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      Page 26 Advertisements Column 3
      9 26 MANAGERS MUST MANAGE BT shows you how every Monday
      9 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      2172 27 JARDINE SHIPPING AGENCIES IMM 200 Cantonmtnt Road #12 05 Southpotnt, Singapore 0208 Mil#/ t«i 221 am telex no rs ***** IfffßnV TERMINAL/CFS Td *****18 220 pftflflfl r] BOOKINGS T«4 *****34 23S L \Ww A PESAKA JAROINE SNIPPING AGENCIES SON BMO H PORT KEIANG TEL *****11 TELEX NO MA*****/MA***** ■■HH PENANG
      2,172 words
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      Page 27 Advertisements Column 2
      1271 27 INDEX TOfIDVERTISKS Col Page Col I Macolinc 18 2/3 t A J Madju Sdn Bhd 16 1/2 ABC Conlainerline 13 5 Maersk Line 3 4/5 Accord Shpg 8 1-3 Mainfreight 15 4 Albatros Sea-Air 14 5 «MISC 14 1-3 Alfred C Toepfcr 15 5 M'sia Shpg C orp 9 1/2
      1,271 words
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      Page 27 Advertisements Column 3
      2305 27 VaaM Voy ETA I ETO 'Port 'Pensng DESTINATIONS Singspors Ksisng Thw w—k Ma»ilda M 9008 Clowns Tma Faadar by on o*oo hrs m Fa>«> t CFS 1 800 MRS M TaufO OAK LGB MCKJ MEM ATL MIA CHS BAt PML NYC MOW TOR MATHILOE M 9006 HW H/7 sia fsia
      2,305 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      1167 28 W W B1 u I ■^1101 3 m ab> J |IH VI |v mA^Bta^BByBI^I^MhBIAIHHH^HHiVHBBIHfIHHBMHiHHB^BfIIH^^^HHIHfIHHiBI^^HIHHB^H^HiHI^BHBIi^BiWHIHHHB r ROTTERDAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE ig 6/8 31/7 2/t 30/7 Ml SOTi* <* ,SS 8 ,ss KI]2AMA ED,NBURGH 2M ivS 17/8 <M Tntctf) FXPfIESS 94/589 31/7 "'8
      1,167 words
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      Page 28 Advertisements Column 2
      581 28 DIRECT SOUTH PACIFIC SERVICE SIN SUV PPT BANGLAR MOOKH 16/7 30/7 6/8 IRINI 27/7 12/8 18/8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP BANGLAR MOOKH 16/7 22/8 23/8 27/8 IRINI 27/7 31/8 1/9 5/9 Also accepting Cargo to CalUo
      581 words
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      Page 28 Advertisements Column 3
      1420 28 B9ma msm& &MMM REGULAR INDEPENDENT FULL CONTAINER SERVICE WESTBOUND FOR EUROPE VSL/VOY SIN CLM ALG BCL FEL HAM BRE ROT ANT LMA ZZ (via (via (via ALG) HAM) ROT) NORASIA SUSAN 9019-3 13/07 17/07 03/08 05/06 08/08 12/08 13/08 10/08 11-08 15/08 ARABIAN SEA 9020-3 20/07 21/07 10/08 12/08 15
      1,420 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      1862 29 oauppuig ILUICS, THIUU»J> «UIJ m g=s tea me rs Maritime Holdings Ltd w. pin fITIVSTRAITS SHIPPING I (KU ta Bra* East NMaysta. Containers Von N* PKUnf S port Sto« H'kwf 8 h.w*'4»» L* ACCEPTS DUE SAILS KASUSAI lttfSM ♦TWHJ-W7 12/B7 OM* 31*7 <OW «M» CARCO TOLAGA BAY IUSM ♦BANIOf7 IS®
      1,862 words
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      Page 29 Advertisements Column 2
      1664 29 TO: EUROPE TO: FAR EAST SP LM ROM HAM B'HVN FLX SPORE HK KAO KOB BU CHOYAMC CHANCE MM *7 27/7 20/7 21/7 »7 31/7 HANJIN OAKLAND 000E 10/7 14/7 20.7 21/7 26/7 HANJIN LEHARVE OOOW 14/7 1/12/1 J/0 5/0 W CHOYANC SUCCESS 00* 30/7 2/1 3/1 6/* 1/1 HANJIN
      1,664 words
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      Page 29 Advertisements Column 3
      22 29 S PORE LOADMG FOR MORA 15/7/90 PHNOMPENH/KOMPONGSOM NINA IS/7AM HOCHIMINH/VUNGTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: R*****7 FAX: 224*846
      22 words
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      Page 29 Advertisements Column 4
      320 29 STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL YOUNG CHAMPION ASEAN ASIAN SOLIDER TRADER TRADER CLIPPER VOY NO 7 10 3 125 •Spore 12/7 17/7 22/7 23/7 P Ktlang 24/7 26/7 Penang 2S/7 Hong Kong Yokohama Nagoya Osaka Senboku Kashima Hochiminh 'For Discharging Only 4 NOTE: ALSO CALLING
      320 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      619 30 Mfete I DJASAQETRI A Joint Europe Service Of: f.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD f.T SAMUOERA INDONESIA F T. TRNCOM LLOYD CR NBR **********0-0 EXPRESS SEMI-CONTAINERSHIP SERVICE VSUVOY SPORE ROAM/ H'BURC BREMEN ANTWERP ADAM SRIWIJAYA,«WB 19-22/7 23/S 2M 1/9 PANJANG/2SWB 29/7-1/8 27/t 311* 4/9 7/9 KUTAI/20WB U-19/1 ISO 11/9 21/9
      619 words
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      Page 30 Advertisements Column 2
      814 30 HANJIN SHIPPING I wy full container service HANJIN LE HARVE OWW 14/7 II 2,1 3/8 V 8 M tL u m 112 HANJIN FELIXSTOWE 003W 21/7 lit 98 10/8 12/8 13/8 HANJIN HAMBURC 001E W CMtJ U 31/1 2/9 CHOYANG PARK 009W 28/7 15/8 16/8 17/8 19/8 20/1 T(J AT
      814 words
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      Page 30 Advertisements Column 3
      1452 30 I t m \f I I I I I M T ma VP PHL SCP HUC KSC KLC PUS MKT OSK OH TYO ML NYC LHV AN» ROM FIX HBG ISP I 16/7 17/7 25/7 23/7 27/7 2* M Uj» W Uj» }JJ I 24/7 25/7 1* 3*7 3(0 If
      1,452 words
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      1680 31 #I———— NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SON BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0,
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      Page 31 Advertisements Column 2
      1152 31 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 EASTBOUND LOADING FOR WESTBOUND vmtu WTAtt |SWK IMAWILA HHP* VOTAg SPOtt HOAM6 MUX »HA«N tilbury wn Aimtar noaovsmy ua» m
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      Page 32 Advertisements Column 1
      1307 32 I KAWASAKI RISEN KAISHA. LTD. I tXFOKT N. AMHUCA PACIFIC BQWM-WECT N. AMOICA FACIWC 80iTH-WBBT I VOYTbOAKCHI NYC ill WunamKlT Iw s m moThmum* 7 IIM II meduerranea o» w u/7 i*7 Manhattan brioge s/i m *i 12/1 11/ 1?* J£ J JJg H LIONS SATE BRIOGE M I*7 »7
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      Page 32 Advertisements Column 2
      1168 32 \>* PHILI-ORIENT LINES PTE LTD %$L (The Complete NVOCC Package) member of SFFA« 16 JULY MONTREAL, OTTAWA, TORONTO, VANCOUVER, S"WESTERN ONTARIO. I 11 mi v niiDii R IUU U (T CHARLESTON, CHICAGO, I 11 JULY D OAMMAN KuwA T oaHA. LONDON, THUNDER BAY, WINNIPEG, J 1? mi v KSSiL BAHRAIN
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      1600 33 SSSgPIf PACIFIC INTERNATIONAL LINES (PTE) LTD f gg JP PIL Building, 140 Cecil Street #0300, Singapore 0106. I JAKARTA I BANGKOK ZD 2ST S S E S ESS -!R KOTA NELATI 1280 14/7 10/7 10/7 PEGASUS PIONEER MN 10/7 13/7 17/7 OtLTA MAS 0» W7 IS/7 21/7 "OTA SING A
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      Page 33 Advertisements Column 2
      1071 33 BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint mjjA Fax: *****63 Singapore 0208. Telex: RS ***** FXPRFSS CONTAINER SERVICE TO UK/CONTINENT SPORE PKLANG SHAMPTONI HAMBURG BHAVEN ROAM LHAVRE *rpool Bay 99/581 U7 Via Tol 25/7 27/7 »J7 isuga P 10/580 12/7 6/8 31/7 2/8 30/7 5/8 jiaga
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      Page 33 Advertisements Column 3
      263 33 M MYANMA pBBk FIVE STAR LINE (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang P«n PAGAN VIM 5/7 JUL MPAAN VIS2W lt/ll IUL MERGUI VIOOW 21/27 JUL MYONAYWA VI2IW 21/31 JUL THE BANK LINE (A service of Andrew Weir Shipping) XT' SEMI-CONTAINER SERVICE HEAVY LIFT CAPARIMTV I I EXPRESS
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      Page 36 Advertisements Column 1
      864 36 <HUSK-UNgSHt\ INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN Ft* SUV ROM AWT HBC RST ATLANTIC SEN WTO2S 14/7 6/8 7/8 lit 10/* W PIECK 8/90 M/7~ 13/1 12/8 lilt IV* PARIS SEN WFO» 24/7 16/8 17/8 M W ft. UIMICHT 8/90 i/T
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      Page 36 Advertisements Column 2
      1301 36 I CRYSTAL FREIGHT < CPS > SERVICES PTE LTD •v TEL: *****88/*****22 01 cwßeuwnw wwet it FAR EAST PORT KELANG 13/7 20/7 MANILA 15/7 22/7 PENANG 13/7 20/7 BUSAN 12/7 19/7 BANGKOK 12/7 A 16/7 TOKYO 12/7 19/7 HONG KONG 13/7 17/7 YOKOHAMA 12/7 19/7 KAOHSIUNG 15/7 22/7 KOBE 12/7
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      Page 36 Advertisements Column 3
      158 36 fICER-WE VSL VOY SINOAPORt/RIIADms/SWAPOMi 4 I H VESSEL VOY SIM MAA SIN TIGER RIVER IUN 1214*17 20-M/D7 V ***** ILOVIK 120N 11-I*o/ 2S 2C/07 01-02/01 TIGER RIVER 121N 27-21/07 ***** 10-1100 VSL VOY SING APORE/CALCUTTA/SMGAPORE 4 VESSEL VOY SIN CAL SIN SUSAK 97CNB 00-IWO7 15-1107 24 2507 TIGER CREEK 9BCNB
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      Page 36 Advertisements Column 4
      1390 36 rsa t a-a tts CHINA OCEAN SHIPPING COMPANY ;:1 2, MISTRI ROAD, HMC BUILDING TEL *****00 #15-00. Singapore a»7 FULL CONTAINER LINER SERVICE telex rs mx coship CR NO: **********0 M FAX; *****66 General Agents: COTTAR WWW W.I FIB LID ||||[|illlllllllllllllllllE32S3llllllllillllllllMm VISStL.VOT SGP ILI BOX HAH ANT DUX VISSLLVOT RO'
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      383 37 Fb I I*l ill J I k' I CALCUTTA DIRECT SIN CAL SUSAK 97 CNB 10/7 16/7 TIGER CREEK 98 CNB 13/7 19/7 SUSAK 99 CNB 24/7 1/8 TIGER CREEK 100 CNB 30/7 6/8 (Conventional Service) ETA S PORE LOADING FOR BANGLAR KALtOI 15/7 CTC. IJOIfcU BANCLAR PROCOTI 19/7 S.
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      Page 37 Advertisements Column 2
      556 37 TEL: *****33 (12 Line*) FAX: *****15/*****03 TELEX: RS ***** RISHIP (3 Lines) (r§A ETHIOPIAN SHIPPING LINES (National Lines of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL VOY ETA I LOADING FOR SPORE ABBAY WONZ 25W8 20AW DAAESSALAAM MOMBASA DJIBOUTI ASSAB. MASSAWA HOOEIOAH ANDINET 20WB 10/00 DARESSALAAM MOMBASA DJIBOUTI ASSAB MASSAWA HOOEIOAH
      556 words
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      Page 37 Advertisements Column 3
      792 37 tej_P.T. MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OF S PORE. INDONESIA. MALAYSIA 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 JKT PAJ SIN
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      Page 37 Advertisements Column 4
      706 37 BANGKOK MANILA/CEBU IMV T~ lAMWM TZ^r j. a. I MA MM a 555= I BrtffMTON 1 VESSEL |WT win MAHA BHUM# 17N_ Wed U/7 Set I*7 AJU BHUM 2*S 13/7 I*7 M MEKHAHIK KURAKO 17N Thur 12/7 Sun I*7 MIENT 2*7 «2L55«! w S2 *5 3K w v 32 H£L
      706 words
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      Page 37 Advertisements Column 5
      395 37 \assaav POSEIDON CONTAINER V VCV\ TRANSPORT GMBH HAMBURG V SOTRA EXCLUSIVE ROUTES TRANSCAUCASIA TRANSSIBERIA SERVICES ACCEPT TO A FROM INLAND DESTINATIONS 4 CAPITALS AFGHANISTAN Hairatan Torghundi Kabul etc ETD SIN 11/7 22/7 25/7 1/8 (VIA ILYICHEVSK) IRAN Djulfa Astara AFGHANISTAN ETD SIN WEEKLY (VIA VOSTOCHNY USSR) EASTERN/CENTRAL FAR EAST EUROPEAN
      395 words
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      Page 38 Advertisements Column 1
      1122 38 MAC-NELS SINGAPORE![ EXPORT TEL *****022 IMPORT TEL *****02 11 PENANG TEL: (04) *****6 TEL: (088) *****0 TAWAU TEL: (089} *****9' KELANG TEL: (03) *****77 tijCHING 1 TEL: (082) *****3 SKAN TEL: (089) *****2 ~U BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 I—IV/ \_2_J JAKARTA TEL:
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      Page 38 Advertisements Column 2
      491 38 IfTfc BLUE star line SINGAPORE TO J NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH ft PORT CHALMERS ACCEPTING FCL ft LCL FOR AUCKLAND. NAPIER, WELLINGTON. BLUFF. CHRISTCHURCH. DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN Pl* AUCK LYT NANOAMA 057* Jul »i* V|« "J- *J*
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      Page 38 Advertisements Column 3
      1141 38 /SB! THONG SOON LINES PTE. LTO. V/ I 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: .*****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m Icn Inn «ia m eti |«t KIM SOON LI 28/90E 14 JUL
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      Page 39 Advertisements Column 1
      747 39 COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING Penang* P. Kelang Singapore KAMALEVERETT 15/16 Jul 17/1» Jul THOMASEVERETT 27/28 Jul SHAPLAEVERETT 11/12 Aug VA "EVERETT ORIENT LINE" JAPAN/BAY OF BENGAL/JAPAN SERVICE
      747 words
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      Page 39 Advertisements Column 2
      614 39 West Coast. Caribbean, East Canada. HAITI Guatemala and Honduras VSL [S PORE IMAINLINER [LAX |KST jSAV [NYC [HfX~l LEEWARD IS(7 ZIM TOKYO IV* B«0 27/1 »l 310 ZIM TRIESTE I*7 ZIM TOKYO IS/S 170 2*» 110 ZIM YOKOHAMA 27/7 ZIM PUSAN 250 [30 Mm ZIM SYDNEY 1/1 ZIM CALIFORNIA 2/9
      614 words
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      Page 39 Advertisements Column 3
      702 39 M" SING KWANG HANGI MIIMBIB A TWAMMMTATION (FTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 11/7 13/7 JENWEL 13/7 I I 15/7 1 VESSEL S PORE BANGKOK A VESSEL 11/7 13/7 A VESSEL 13/7 IS/7 DESTINATIONS ETA SINGAPORE PORT KELANG 14 JULY MANILA 10 JULY HONG KONG.
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      Page 39 Advertisements Column 4
      565 39 PERINTIS LINE I I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VESSEL VOY SPORE JKT S'BAVA TANTO SEJATI 01 11/7 14/7 PELOPOR 950 14/7 17/7 TANTO SEJATI 03 18/7 21/7 PELOPOR 951 21/7 24/7 TANTO UTAMA 87 11/7 14/7 TANTO UTAMA 89 19/7 22/7 TANTO UTAMA 91 27/7
      565 words
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      Page 39 Advertisements Column 5
      391 39 ©p\ m SIN FM EAST 15/7 KEELUNG/KAOHSIUNG 14/7 BANGKOK 13/7 MANILA/CEBU 14/7 JAKARTA/BELAWAN/SURABAYA 14/7 PORT KELANG/PENANG/E. Malaysia 13/7 BUSAN 10/7 TOKYO/YOKO/KOBE/NGO/OSA 16/7 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EUROPE/UK 14/7 LDN/FLX/LVP/SOU 14/7 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumanta/Poland/Bulgaria/Czech. SIN USA/CANADA 16/7 LOS ANGELES/NEW YORK all
      391 words
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      Page 40 Advertisements Column 1
      427 40 »fe lfi —'-t PLATOU PACIFIC I SHIPPING SERVICES REGULAR FAR EAST N. AMERICA BREAKBULK SERVICE OWNERS' REP OFFICE TEL: 222*111 SINGAPORE: FAX: *****59 r HANSA HANSA BREMEN V.012 RIGA V.014 SINGAPORE Sailed 28/07 JAKARTA 30/07 SURABAYA 02/08 LOS ANGELES 28/07 04/09 OAKLAND 02/08 10/09 VANCOUVER B.C. 06/08 14/09 General Agents:
      427 words
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      Page 40 Advertisements Column 2
      637 40 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE BMTVIICW9O Sailed 26/7/90 27/7/90 2/8/90 IY Vll-90W 11/7/90 3/8/90 23/7/90 29/7/90 K V U V 12CW90 15/7/90 10/8/90 11/8/90 16/8/90 Y M V 12-90W 25/7/90 23/8/90 14/8/90 18/8/90 AN V 13-90W 14/8/90 8/9/90 29/8/90 3/9/90 MB V
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      Page 40 Advertisements Column 3
      506 40 Jj lcl/fcl service TO/FROM Ai} KL: allied-LINK SINGAPORE: /^2S£\ 04-*****2 03-*****59 778 6522(22 lines) (Stt&) XF Marin* On« law Ng/ChrMlnt CM— AMc* YMtsSisr Ya I I FROM SOUTH EAST ASIA/FAR EAST TO USWC/USG/USEC MV NORTWEEN SLEVIK MV NORTWEEN MOV A ETS BKK 10f7 ETA SINGAPORE 4/8 FROM EUROPE/MED FROM ARGENTINA
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  • Page 41 Miscellaneous
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      Page 41 Miscellaneous Column 1
      425 41 TIDES AND WEATHER TODAY'S TIDCS (height in metres) mUB HM mi MM MM OSM QUO 07W MM 0900 1000 ********************1600 1700 1100 1900 2000 2100 220# 2300 n 11 28 2.3 17 U 08 06 05 0.6 0.9 1.4 1.9 22 23 22 1.9 1.5 1.1 IX) 1.0 1.3 11
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      Page 42 Advertisements Column 1
      411 42 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 42 Advertisements Column 2
      626 42 (/HYUNDAI MERCHANT MARIE CO. LTD. EASTBOUND TO USA WESTBOUND FROM USA TO PSW SIN HKG LBH OAK SEA CHI FROM PSW LW OAK SEA HKC SIN LALANDIA 33E 12/07 19/07 06AM 09/00 12/01 11/01 HYUNDAI EXPLORER 31W 0406 07/06 10/06 2M6 07(07 HYUNDAI CHALLENGER 3SE 21/V7 26/07 13/01 16/01 19/01
      626 words
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      Page 42 Advertisements Column 3
      390 42 CHARTPOINT Every Saturday in Business Times UK/CONTINENT (TRIO) ugywgg: rro*f rm h-mjk na«* roam uh h** KASUGA I Uf7 10 B/7 2jM Hf7 VI IMltri— :to Am—»». AeWeri*. CM*. SlKtMa. Mm* i TOLA6A BAT IV7 La Ml H >«—twin To Br— RnTnjf^H Of CDIMUIKM 22/7 M Ml U? Tiißßi—hi kHI
      390 words