The Business Times, 26 July 1990

Microfilm: NL17037
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Thursday July 26 1990 75*
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  • NEWS SUMMARY
    • Article
      IBM Japan approves stock issue by affiliate
      70 1 IN WHAT officials of IBM Japan described as a first, the US giant has given the green light to a company it owns stock in to offer its shares to the public. Officials of IBM Japan, a wholly-owned subsidiary of IBM Corp, said
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    • Article
      Property sales fall
      37 1 PROPERTY investors bought some $807 million worth of real estate during the first half of this year, nearly two-thirds less than the amount which changed hands in the same period last year Page 2
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    • Article
      Bid to woo investors
      26 1 INVESTMENT agencies from Singapore and Hongkong are to organise a forum next week to attract investments to the British colony Page 2
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    • Article
      Approval for projects
      28 1 INVESTMENTS in manufacturing projects amounting to M 518.3 billion were approved by the Malaysian government in the first six months of the year Page 7
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    • Article
      Call to hold servicing
      26 1 THE PHILIPPINE House of Representatives has passed a resolution calling for a 30month suspension of all foreign debt servicing and repayments Page?
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    • Article
      Radical forex plan
      15 1 MOSCOW has announced radical plans to mop up foreign currency. Page 9
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    • Article
      Montana show lauded
      27 1 IN HIS SECOND collection for Lanvin, Claude Montana took a giant step forward in a show that brought rave reviews in Paris Page 17
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    • Article
      Cargo via Changi rises
      39 1 AIR CARGO volume through Changi Airport grew by 8.5 per cent to 49,329 tonnes in May over the same month last year a marked improvement over April's 1.3 per cent rise. Shipping Times Page 1
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  • MARKETS SUMMARY
    • Article
      Dow lower
      60 1 WALL STREET stock prices were mixed in early trading yesterday as traders felt their way cautiously from the sell-off that hit the market at the start of the week. The Dow Jones average of 30 industrials rose 0.75 in-the first half hour but then turned lower to show
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    • Article
      Footsie higher
      42 1 LONDON share prices were higher, but near their session lows, at midday yesterday as investors worried about British corporate earnings. At about 11IS GMT, the Financial Times-Stock Exchange 100Share Index was up 10.1 points, or 0.4 per cent, at 2,371.0.
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    • Article
      Times Pub plant in PJ
      29 1 TIMES PUBLISHING is setting up a printing firm in Malaysia to complement the group's printing activities in Singapore as well as Hongkong. Page 3
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    • Article
      Wearnes buys stake
      27 1 WEARNE Brothers, through Rank O'Connor, has acquired a 60 per cent share of Triad Enterprises, a switchboard manufacturing and electrical contracting firm Page 3
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    • Article
      US houses expand
      14 1 AMERICAN investment houses are expanding their operations in Singapore Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Wednesday Change BT-MGA 814.11 +4.84 Kuala Lumpur ....627.04 +1.51 Hongkong 3,520.54 +24.67 Tokyo 31,701.27 -1.19 Sydney 1,590.3 +3.5 Tacaday Change New York 2,922.52 +17.82 London 1,866.7 -0.4
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    • Article
      CURRENCIES
      21 1 Exchange rates USS S$ 1.8200 Yen SS1.2I98 M$ SS0.6718 Weeey mariitt rates Overnight 2 3 1/4 3-month 7 1/8 1/4
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    • Article
      COMMODITIES
      38 1 London Gold PM fix US$372.75 US$4.05 IMtber S'jX)re Aug... 155.75'/kg unch M'sia Aug M233.00 Vkg +0.5 KL Tin Turnover 69 tonnes -16 Spot M$ 15.95/kg -0.11 Crude palm oil Turnover 768 lots -129 Aug M$655 /tonne +1
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  • Article
    CPF making checks on 3,300 to verify payments
    441 1  -  By David Gabriel THE CENTRAL Provident Fund is conducting a check on 3,300 companies in a target list of 10 industries to verify their payment of CPF contributions going back over the past six years. The selection of the industries was based
    441 words
  • Article
    Amcol's Indon venture to build new $20m factory
    408 1  -  By William Chia AMCOL HOLDINGS Ltd's three-year-old joint venture to assemble Sony electronic products in Indonesia has proven so successful that it is building a new $20 million factory to triple production capacity. Mr Johnny Kesuma, president director of the 50-50 joint
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  • Article, Illustration
    EDB gives $300,000 to fund
    68 1 THE CHAIRMAN of the Economic Development Board, Mr Philip Yeo, presenting a $500,000 cheque to the chairman of the 25th Anniversary Charity Fund, Mr Chandra Das. The money came from ticket sales to Singapore 2000 Global Technopolis Exhibition. The Minister for Trade and Industry, Brigadier-General
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  • Article
    Baker fails to respond to Asean request for talks
    338 1  -  From Yong Pow Ang in JAKARTA THE United States Secretary of State James Baker has failed to respond to a request from Asean foreign ministers for a special session to discuss his abrupt policy shift on Cambodia. Indonesian Foreign Minister Ali
    338 words
  • Article
    Lock icon Expo to showcase Johor's potential
    160 1 Bernama AN INTERNATIONAL industrial exposition will be held in Johor Baru before the end of the year to let investors know of the state's economic potential in the coming decade. Menteri Besar Tan Sri Haji Muhyiddin Yassin said yesterday that it was also meant to
    Bernama  -  160 words
  • Article
    Avant agrees to exercise 31m HPL warrants
    444 1  -  By Abdul Hadhi HOTEL PROPERTIES Ltd's major shareholder Avant Hotels International Ltd has agreed to exercise a total of 31 million HPL warrants 1991 which will raise some $68.2 million for the listed hotel company. In a late announcement yesterday, HPL said Avant
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  • Article
    Lock icon India planning arms exports worth US$79m
    177 1 AFP INDIA plans to export defence equipment worth more than US$79 million in the current fiscal year, raising its sales in the international arms bazaar by more than US$32 million over last year. Indian Minister of State for Defence Raja Raman na told a
    AFP  -  177 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
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      Page 1 Advertisements Column 2
      104 1 I TOTAL 1 TRANSPORTATION SERVICES 3?] tel: 265-3833 CROWN PACIFIC Analysis, Pfc 11 Cosy Ambience, Impeccable Service fine Hong Kong cuisine 99 The Superior Shark 's Fin for YTI A delectable combination of Hongkong Dum Xtn prepared sfc true Cantonese cuisine -J baute Cantonese disbes with the unique *3 connoisseurs.
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Project to control odour at sewage works
        77 2 A PILOT PROJECT, costing $2.5 million, has been started by the Ministry of the Environment to control odour at the Ulu Pandan Sewage Treatment Works. The ministry said yesterday a 35-m diameter open tank will be covered and the foul air will be
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      • Article
        Stamp duty payment on bonds
        60 2 FROM Aug 6, the payment of stamp duty on security bonds furnished to the Controller of Immigration can be denoted by adhesive revenue stamps. This will be allowed for with an amendment to the Second Schedule to the Stamp Duties Act, a move which will
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      • Article
        Italy-Singapore cooperation
        48 2 AN AGREEMENT on cultural, scientific and technological collaboration between Singapore and Italy will be signed here next Monday. Tlie signing will be done by Mr Peter Sung, Minister of State for Foreign Affairs, and Mr Clandio Vitaloni, the Italian Under-Secretary of State for the Foreign Ministry.
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      • Article
        Sol to manage Thai hotel
        81 2 THE SPANISH SOL GROUP, which manages Melia at Scotts, has acquired the management contract of Siam Beach Resort in Thailand. The resort has been renamed Sol Jomtien to reflect the change in management. The group manages 160 hotels worldwide, of which 30 are in the
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      • Article
        Ho Kah Leong on hostel life
        80 2 HO KAH LEONG, Senior Parliamentary Secretary and MP for Jurong, officiated at the opening of a new hall of residence in Nanyang Technological Institute last night. In his speech, he likened the hostel environment to that of a minination, where residents of different races,
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      • Article
        Nurses' Day celebrations
        69 2 THREE MAJOR EVENTS have been planned for Nurses' Day celebrations this year. The celebrations will kick off with nursing seminars tomorrow and Saturday. This will be followed by the nurses' graduation and presentation of this year's merit awards on Sunday. The highlight of the celebrations will be
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      • Article
        Goldbell wins award
        66 2 GOLDBELL Engineering, which distributes Komatsu forklifts here, has won an award for excellence amid an international field of 200 distributors. This is the first time the award has been given to a Komatsu distributor in Asia. Of the 2,330 Japanese-made forklifts imported from Japan in 1989, Goldbell
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    • Article
      Sales of real estate down by nearly two-thirds: report
      461 2  -  By Lilian Ang PROPERTY INVESTORS bought some $807 million worth of real estate during the first half of this year, nearly two-thirds less than the amount which changed hands in the same period last year. The lower sales, which reflect the
      461 words
    • Article, Illustration
      Beijing official reaffirms open door policy
      313 2  -  By Schutz Lee BEUING is committed to the "open door" policy and will continue to develop economic and trade relations with countries and regions throughout the world on the basis of equal and mutual benefit. This was reaffirmed yesterday by the First Vice-May-or of
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    • Article
      HK to hold S'pore conference to woo investors
      270 2 TOP Hongkong government officials and businessmen s will be in town next week to woo Singapore investments to the colony. i The visitors, led by offi- cials of the Hongkong Trade 1 Development Council (HKTDC), wiU hold a corpo- 4 rate conference
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      176 2 At AlA,Teamwork Crosses National Boundaries' Too. SIJT B vV'V ~~3^j3Sflflfl9lH It was a mishap Mrs Polgar of Hungary only hope her Budapest insurance link in responded quickly with details of her policy. ALA s international teamwork resulted could never have anticipated. She was out Singapore, AIA. More paperwork on this
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Times Pub setting up printing plant in M'sia
      288 3  -  By Elaine Koh TIMES PUBLISHING Ltd is setting up a printing company in Malaysia to complement the group's printing activities in Singapore and Hongkong. The new company, Times Offset (M) Sdn Bhd, will have a paid-up capital of M 511.5 million. Its
      288 words
    • Article
      Lock icon Lion sees M$300m turnover from 5 new units
      327 3 MBT THE LION GROUP expects some Ms3oo million to Ms3so million in turnover from its five new subsidiaries based on a full capacity basis. The five subsidiaries have come on stream since the end of last year. Managing director William J Cheng
      MBT  -  327 words
    • Article
      Sembawang unlikely to take substantial stake in MSE
      355 3 SEMBAWANG Shipyard is unlikely to take a substantial stake in the soon-to-be privatised Malaysian Shipyard and Engineering (MSE). There had been talk that Malaysian International Shipping Corp (MISQ and Sembawang Shipyard would team up to take a controlling stake in MSE. That
      355 words
    • Article, Illustration
      Lock icon MUI to build an all-suite hotel in Kuala Lumpur
      271 3 Bernama MALAYAN United Industries Bhd (MUI), the finance, manufacturing, hotel and property group, is to build a 33-storey all-suite hotel in Kuala Lumpur. The hotel, which would cost Msllo million, excluding land costs, would probably be the only one of its
      Bernama  -  271 words
    • Article
      Rashid Hussain finds the missing link
      560 3  -  MARKET TALK By William Chia MALAYSIA'S largest stockbroking group Rashid Hussain Bhd is fast approaching the finish line in becoming a financial supermarket with its recent purchase of a 20-per-cent stake in Development and Commercial Bank. Making its most significant acquisition since its public
      560 words
    • Article
      Wearnes unit to buy 60pc of Triad Enterprises
      286 3  -  By Genevieve Cua THE Wearnes group is further diversifying its business with the latest acquisition of a switchboard manufacturing company. Wearne Brothers Ltd said in a statement yesterday that its 96-per-cent owned unit, Rank O'Connor's Singapore Pte Ltd, will buy the Triad
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    • Article
      Lock icon Inter-Pacific Industrial buys into money broker
      186 3 NST INTER-PACIFIC Industrial Group has acquired a 27 per cent stake in money broker Pyemas from Malaysian Chinese Association president Datuk Ling Liong Sik. Datuk Ling is understood to have owned 100 per cent of Pyemas at the time he obtained the licence in
      NST  -  186 words
    • Article
      Apology to Mr Dickson Poon
      110 3 A REPORT appeared in the issue of the Business Times of July 18, 1990 in an article entitled "Dickson, Pico said to have failed to get listing nod" to the effect that there was a probe on Hongkong tycoon Dickson Poon, the major shareholder of
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    • COMPANY BRIEFS
      • Article
        C&C Bintang seeks to assemble cars
        154 3 CYCLE CARRIAGE Bintang Bhd, the Malaysian distribu- tor of Mercedes-Benz vehicles in Malaysia, is eyeing a licence to assemble passenger cars on its own. Managing director Ti Teow Yong said while it would be difficult to obtain a new licence from the government under
        154 words
      • Article
        United Engineers not aware
        60 3 REPLYING to queries from the Stock Exchange of Singa-C pore, United Engineers Ltd said yesterday that the board of directors was not aware of any reason for the high turnover in the company's shares on the exchange recently. The counter v closed at $2.25, up 3
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      • Article
        SPTI to sell stake in HK unit
        113 3 SOUTH Pacific Textile Industries Bhd (SPTI) said its Hong-,* kong-based subsidiary, South Pacific Textile (HK) Ltd, had •> entered into an agreement with Mr Cheung Yin Kee to.: dispose of its entire stake of 140,000 shares of HKSIO each in Espeetex Knitwear (HK)
        113 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      10 3 Banks keen to buy stake in MUI Bank, Pg 6
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      Page 3 Advertisements Column 2
      139 3 CHARTPOINT Every Saturday in Business Times Since 1735 there has never been a quartz Blancpain watch. And there never will be. -iSs.f£M~f 111" la 1 Model shown:6s9s 1418-58 M BlancpaiN Faithful to the traditional art of watchmaking, each watch is still assembled, polished and finished by hand by the individual
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Pickens plans to have another Koito meeting
        116 4 TEXAS INVESTOR T Boone Pickens plans to hold another meeting with shareholders of autoparts maker Koito Manufacturing CO Ltd in the next few months, his lawyer in Tokyo said in a statement. Mr Pickens was quoted as saying in the statement that he
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      • Article
        CDW sells stake in Hon Kwok
        89 4 HONGKONG-LISTED property developer and dyeing company CDW Industries Ltd has sold its 26.6 per cent stake in Hon Kwok Land Investment Co Ltd, a stock exchange statement said. CDW disposed of 99 million Hon Kwok shares at HK$l.69 each and 22.5 million warrants at
        89 words
      • Article
        Aussie firm seeks sea diamonds
        58 4 AN AUSTRALIAN company is pursuing an offshore diamond bonanza after being awarded the first permit to explore for non-oil minerals in the country's continental shelf, a vast and so-far untapped area. Cambridge Gulf Exploration, an unlisted private company, said it will hunt for the diamonds
        58 words
      • Article
        Japan Tobacco in biotech tie-up
        77 4 JAPAN Tobacco Ltd has agreed to join British Biotechnology Ltd in developing an agent to reduce the level of cholesterol in human blood, a company official said Tuesday. The joint research will be based on an agent already developed by the Oxford-based company. Japan Tobacco,
        77 words
      • Article
        Ex-NTT boss faces jail term
        70 4 THE PROSECUTION on Tuesday demanded a two-year prison term and a fine of 22.7 million yen (U*****,400) for Hisashi Shinto, 80, former chairman of Nippon Telegraph and Telephone Corp (NTT), for alleged corruption. Mr Shinto resigned as chairman of NTT in December 1988 after aiedly
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    • Article
      Lock icon Asahi Diamond Industrial scores first with bid
      254 4 AFP THE FIRST EVER nonagreed takeover bid by a Japanese company in Europe has been declared unconditional in London. Asahi Diamond Industrial Company announced in London on Tuesday that it had control of 95.5 per cent of shares in a small diamond tool
      AFP  -  254 words
    • Article, Illustration
      Manila bank buys into Edsa Shangri-la Hotel
      404 4  -  From Al O Labita Jr in MANILA THE STATE-OWNED Philippine National Bank (PNB), the Philippines' largest and most profitable commercial bank, has bought into one of four Shangri-la hotels Malaysian tycoon Robert Kuok is putting up in the country. PNB sank 38.8 million
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    • Article
      Lock icon Bond stake in UK TV network diluted
      346 4 AFP ALAN BOND'S stake in the new British television network British Satellite Broadcasting has been permanently diluted from 28 per cent to 7.5 per cent after the troubled Australian tycoon failed to meet a deadline to find a buyer for it, according to
      AFP  -  346 words
    • Article
      Hopewell to invest substantial capital in huge Thai project
      366 4 HOPEWELL International Holding Co, an affiliate of a major Hongkong construction group, will bring into Thailand a massive amount of foreign capital. The company won preliminary approval from the Thai government to invest in mul-ti-billion-baht elevated railroads, freeways and property development
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    • Article
      Lock icon Mitsubishi to build world's largest power plant in Indonesia
      223 4 AFP MITSUBISHI Heavy Industries of Japan is planning to build the world's biggest combined-cycle power plant in Indonesia in a 100 billion yen or USS67S million project with Siemens AG of West Germany. The 1,500-megawatt plant, fired by both natural gas
      AFP  -  223 words
    • Article
      Lock icon Japanese businesses optimistic
      123 4 Reuter JAPANESE companies are cautiously optimistic that the economy will continue to grow, a survey by Keidanren, the Federation of Economic Organisations, showed. Of the firms polled, 47.2 per cent said they see economic growth extending beyond August 1991, surpassing Japan's previous record S7-month expansion from November
      Reuter  -  123 words
    • Article
      Developer plans new building in Bangkok
      252 4 THAI architect and property developer Rangsan Torsuwan is to invest more than two billion baht (US$7B.4 million) in a residential high-rise on Tok Road in Bangkok, according to The Nation. He is also looking for a second site to build another high-rise building in
      252 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      78 4 CHARTPOINT Every Saturday in Business Times The Richness Of Leather Handmade To Perfection H '*3 f I hKJ* '^S^vl^w^' B&cJ v'- ®*T'.<s r* A jraSSftMi* v flHHl^^^^^^^Bk' r fi C-* 91 i& Hd ■l ji w*L, ,ir in nil .'I u rs/ICDF=?^SCZI —II made in Italy Sole Agent: Shriro (Singapore)
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      Page 4 Advertisements Column 2
      46 4 i MML'v 1 I -53 Viewing: 10am Ipm gjgSM "s£s Auction Sale: 1.30pm spm K3Bg! wi sSfigliMj RfXS All lots are guaranteed and backed by 2K a full trade in value at our showroom. HERfe"*-- t&J Auctioneers: Cheong Koon Seng (CKS) ftfij Auctioneers Valuers Pte Ltd
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Woolworth expects to have record sales this year
      569 5 Reuter WOOLWORTH Corp, which has the strongest presence in Europe of any American retailer, expects record sales in 1990 and plans to move into Hast Germany and other Eastern European countries. Woolworth, acccording to chairman and chief executive officer Harold Sells, hopes
      Reuter  -  569 words
    • Article
      Lock icon IBM restructuring European command
      219 5 Reuter INTERNATIONAL Business Machines Corp is reorganising the senior management structure of its European operations to give country-level executives greater responsibility for major business lines. Dave McKinney, president and director general of IBM Europe, said in an internal message to employees that the moves would not
      Reuter  -  219 words
    • Article
      Lock icon Overall growth boosts Pepsico's profits
      354 5 Reuter PEPSICO INC said its second quarter 1990 earnings reflect its persistent focus on volume growth and margin improvement in all its businesses. Pepsico said it earned U*****.5 million or US$l.lO a share on sales of US$4.2O billion, compared with U*****.9 million or US$l a
      Reuter  -  354 words
    • Article
      Lock icon Reuters expects revenue from new products soon
      255 5 Reuter NEWS AND information organisation Reuters Holdings pic said it expects revenue from its new automated trading products in the near future. Managing director and chief executive Glen Renfrew told a news conference: "Although we can't be sure, we do believe revenue will
      Reuter  -  255 words
    • COMPANY BRIEFS
      • Article
        Chrysler unit issues US$1b of certificates
        103 5 US AUTOMOBILE Receivables Trust 1990-2, a unit of Chrysler Corp, issued US$ 1 billion of certificates backed by automobile receivables through Merrill Lynch Capital Markets, the investment bank said. The securities have a coupon of 8.75 per cent and were priced at slightly over
        103 words
      • Article
        Bell Labs gets US patent
        63 5 AMERICAN Telephone A Telegraph Co's Bell Laboratories division said the head of its Optical Computing Research Department was granted a US patent for a technique he calls "computational origami". The company said the technique is expected to have applications in electronics and in photonics. The
        63 words
      • Article
        Allied-Signal optimistic
        65 5 ALLIED-SIGNAL Inc said it sees some indications of recovery in North American automotive markets that should help its automotive business in the second half of 1990. Lower second quarter income occurred primarily in the automotive unit, and included a loss of US$lB million or 13 cents a share
        65 words
      • Article
        BASF's investment plans
        84 5 WEST GERMANY'S BASF AG is prepared to invest several hundred million marks in East German chemical firm Synthesewerk Schwarzheide, which it wants to buy, a BASF spokesman said. BASF earlier said it wanted to purchase the East German producer of polyurethane products, which has annual sales of
        84 words
      • Article
        Concern over role of USM
        73 5 GLYN BARKER, corporate finance partner at UK-based international accountancy firm Price Waterhouse (PW), said at a press briefing that the UK Unlisted Securities Market (USM) is no longer providing an attractive method of raising capital for small companies. He said although the UK's USM was
        73 words
      • Article
        Interbrew stake in Belle-Vue
        34 5 PRIVATELY-OWNED Interbrew SA, Belgium's largest brewer, bought a sizeable minority stake of at least 25 per cent in Belle-Vue, a Belgian brewer of speciality beers, Interbrew spokesman Paul Gerard said.
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      Page 5 Advertisements Column 1
      51 5 Together wife m OHHfive ¥med road m m stride. Akhoc^#|Jhw«ao«. |v V ,s > V L Q> ■^L pß®.'- ~fp-t?-'hk m f; U. />;.iL;•■■»• >%-"- <-4<?;?fejp*. 4//< JFHiftfff'---- j j -'i VWlflMlia^^Mr Smjb mb^^kll- tw i03,235«e« m- ag®/,-' •fP OMfcr PREMNER MOTOR SOU OHO 2'/» km. Man Qadong. Brunw Oarniirtwr
      51 words
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Bank Bapindo raising US$85m loan
        73 6 INDONESIA'S Bank Bapindo is raising a US$B5 million loan under a revolving credit and guarantee facility arranged by Indosuez Asia (Singapore) and the Singapore branch of 7otai Bank. The proceeds will be used to finance Bank Bapindo's general working capital. Eighteen banks are participating in
        73 words
      • Article
        Japan to disburse Chinese loan
        79 6 JAPAN hopes to exchange notes with China in October on the first disbursement of an 810 billion yen loan package, a Japanese envoy to Beijing was quoted as saying. Kiichi Miyazawa, a former finance minister, told Chinese Premier Li Peng that Tokyo would exchange notes
        79 words
      • Article
        Sanwa opening E Berlin office
        91 6 JAPAN'S Sanwa Bank Ltd said it would open a branch in Munich and a representative office in East Berlin this week. The bank, the world's fifth largest in terms of assets, said the Munich branch aimed to take advantage of the concentration of car, electronics
        91 words
      • Article
        Comex, Nymex merger review
        85 6 THE chairmen and executive committees of Commodity Exchange Inc (Comex) and the New York Mercantile Ex- (Nymex) may by September review and act on two ive plans for a merger, said David Halperin, who last Week became the new president of Comex. "By September we frobe
        85 words
    • Article, Illustration
      US houses expanding operations in Singapore
      372 6  -  By Quak Hiang Whai AMERICAN investment houses, lured by the rapidly growing South-east Asian economies and liquidity in the foreign exchange and financial futures markets here, are expanding their operations in Singapore. Last month alone, three major houses Morgan Stanley, Salomon Brothers and Shearson
      372 words
    • Article
      Lock icon Prudential Assurance expects M$80m in new premiums by 1994
      200 6 Beraama PRUDENTIAL Assurance Bhd, a subsidiary of Inter-Pa-cific Bhd, expects to underwrite MsBo million of new premium business by 1994, general manager Allen Ho Yick said yesterday. Of the total, MSSO million were expected from the life business and Ms3o million
      Beraama  -  200 words
    • Article
      Lock icon Foreign banks keen to buy a stake in MUI Bank
      359 6 Bernama SEVERAL foreign banks are eyeing a stake in MUI Bank Bhd which is currently 99.9 per cent owned by Malayan United Industries Bhd (MUI). Banking sources said up to five European and American banks had shown an interest to
      Bernama  -  359 words
    • Article
      Lock icon US securities business may be in the dumps
      452 6 Reuter LOWER second-quarter earnings at the US investment banking specialist Morgan Stanley Group and trading powerhouse Salomon Inc indicate the securities business may have reached a trough. Analysts in New York said yesterday that Salomon earlier posted per share earnings of 89
      Reuter  -  452 words
    • Article
      Bangkok Bank expects more deposits
      216 6 BANGKOK Bank's provincial branches are expected to mobilise an extra 30 billion Thai baht in deposits this year. Subin Sinchai, deputy director of the bank's provincial branches department, said the bank predicts that its provincial branches will post outstanding deposits of 200 billion baht by
      216 words
    • Article
      Lock icon Sumitomo to revamp US operations
      321 6 AFP JAPAN'S Sumitomo Bank Ltd announced on Wednesday a US$32O million reoiga-t nisation of its non-banking activities in the United States including its investment management, leasing and securities operations. The bank, the world's third-biggest and most profitable, said the sweeping changes involved the establishment of
      AFP  -  321 words
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      Page 6 Advertisements Column 1
      169 6 f x FINANCIAL HIGHLIGHTS ARAB-MALAYSIAN MERCHANT BANK GROUP Year Ended 31st March, 1990 Audited Consolidated Results* 1990 1989 In Million M$ In Million M$ Change Net Pretax Profit 81.4 58.0 +40.3 Shareholders' Funds 266.2 232.4 +14.5 Loans Advances, Net of Provisions 3,823.2 2,750.1 +30.0 Deposits and Borrowings 4,642.4 3,053.8 +52.0
      169 words
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      Page 6 Advertisements Column 2
      100 6 ptj L-J lsu Seafood Restaurant at \i II 488 Upper East Coast Road Singapore 1646 J 4W EXCELLENT 8U91NE99 INVESTMENT OPPORTUNITY I In r M,ONC s 11—,~A seafood restaurant on a freehold site. The subject tile is zoned local shopping and n P"ll has excellent potential for redevelopment subject to
      100 words
  • Page 6 Miscellaneous
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  • THE REGION 1
    • Article, Illustration
      Lock icon M'sian projects worth M$18.3b get the nod
      312 7 MBT INVESTMENTS in Malaysian manufacturing projects amounting to M 518.3 billion were approved by the middle of this year. This six-month total is already 31 per cent higher than the Mslll billion investments approved during the whole of last year. Domestic investments made
      MBT  -  312 words
    • Article
      Lock icon Sarawak venturing into electronics to widen base
      283 7 Bernama SARAWAK will venture into the electronics industry to widen its economic base which now depends heavily on timber and oil, Chief Minister Tan Sri Haji Abdul Taib Mahmud said on Tuesday. He said the state government would work closely with its Penang
      Bernama  -  283 words
    • Article
      Lock icon Profits of Taiwan's state enterprises fall
      181 7 AFP NET PROFITS of Taiwan's 10 state enterprises fell 36 per cent in the 1990 fiscal year ending June to U552.76 billion, an official with the Commission of National Corporations said yesterday. Eight of the 10 enterprises under the Economic Ministry were profitable but
      AFP  -  181 words
    • Article
      Lock icon Vietnam's rice exports likely to reach record 2m tonnes
      325 7 AP VIETNAM doubled its rice exports in the first half of this year compared to January* June last year, and should sell a record total of two million tonnes, market analysts said on Tuesday. By June 30, Vietnam had shipped 1.15
      AP  -  325 words
    • Article
      Lock icon New Zealand's budget sparks 'surplus' row
      271 7 AFP WITH AN EYE on impending general elections, New Zealand's ruling Labour government on Tuesday announced big increases in spending on health, education and welfare, but sparked an immediate row over the way it has claimed a fiscal surplus on its accounts. Finance Minister
      AFP  -  271 words
    • Article
      Lock icon Manila house votes for suspension of debt repayment
      500 7 Reuter THE PHILIPPINE House of Representatives has passed a resolution calling for a 30month suspension of all foreign debt servicing and repayments to help save money to rebuild the country after this month's earthquake. The Lower House of the bicameral legislature passed
      Reuter  -  500 words
    • NOTE BOOK
      • Article
        China less resistant to British plan
        72 7 CHINA appeared to soften its resistance yesterday to a British plan to extend right-of-abode to 50,000 key Hongkong families, a day after the bill passed final reading in Parliament in London. British Foreign Office Minister Francis Maude, in Beijing on a four-day visit, said
        72 words
      • Article
        Rush for naturalisation
        57 7 THOUSANDS of people queued up in Hongkong yesterday in a rush to file for naturalisation to make themselves eligible to apply for the new British nationality Immigration Department spokesman said. More than 3,000 people had crowded into the department headquarters' ill Hongkong to file their applications before
        57 words
      • Article
        S Korean minister in KL
        54 7 SOUTH KOREAN Minister of Trade and Industry Park Pil Soo arrived in Kuala Lumpur yesterday with a 27-mem-ber delegation for a four-day visit to Malaysia at the invitation of his Malaysian counterpart, Datuk Seri Rafidah Aziz. Accompanying him are eight South Korean government officials and
        54 words
      • Article
        Petronas steps up surveys
        61 7 MALAYSIA'S state oil firm Petronas, faced with dwindling oil reserves, has stepped up hydrocarbon surveys tad is considering sweetening production contracts to lure more foreign companies to explore for oil "We are trying to access how good our acreages are and see if we need to
        61 words
      • Article
        Aussie minister on Asian tour
        66 7 AUSTRALIAN Foreign Affairs and Trade Minister Garetfa Evans left Canberra yesterday on a seven-nation Asian swing which is likely to be dominated by Cambodia and economic issues. Mr Evans began his tour in Jakarta, wtfeit he will take part in the Association of South-east Asian
        66 words
      • Article
        China raps Arianespace
        59 7 CHINA lashed out at Arianespace on Tuesday, accusing the European space consortium of looking down on the Third World when it comes to high technology. The allegation came as Chen Shouchun, vice-president of China Great Wall Industrial Corp, which runs China's commercial space-launch programme, denied claims by
        59 words
      • Article
        Live sheep shipments
        70 7 NEW SHIPMENTS of live sheep are expected to leave for the Middle East in the next few weeks under stricter rules that the Australian industry hopes will help revive lh£ stalled trade. Australian Meat and Livestock Corporation chairman Dick Austen said a new live sheep shipment t<>
        70 words
    • Article, Illustration
      Macroeconomic outlook to be tabled at future meetings to strengthen ties
      472 8  -  Asean Ministerial Meeting FraM Yong Pow Ang IN JAKARTA A STUDY on the Asean economic outlook will be tabled at future Asean foreign ministers' meetings, a move which will shift economic issues to centre stage. The measure, to strengthen
      472 words
    • Article
      Lock icon Ministers say change in Cambodia's UN seat will hurt search for peace
      303 8 AP A CHANGE in Cambodia's representation in the United Nations would hurt the search for peace in Indochina, Asean said yesterday. The UN General Assembly seat is now in the hands of a fractious guerilla coalition. In a
      AP  -  303 words
    • Article
      Lock icon Asean seeks further growth in Canadian ties
      157 8 AP A COMMUNIQUE issued by the Association of Southeast Asian Nations yesterday expressed satisfaction with Asean relations with Canada. "Establishment of the Canada-Asean centre in Singapore had resulted in improved management and coordination of development cooperation programmes,** it said. The joint communique was
      AP  -  157 words
    • Article
      Lock icon US-Vietnamese talks on Cambodia to start on Aug 6
      295 8 AFP THE VIETNAMESE-US talks on Cambodia announced by American Secretary of State James Baker last week as put of a revised US policy will begin in New York on August 6, the State Department said on Tuesday. Department spokeswoman Margaret Tutwiler
      AFP  -  295 words
    • Article
      Lock icon Control the Khmer Rouge, US tells China
      162 8 Reuter THE UNITED STATES told China on Tuesday that it must control the Khmer Rouge and reduce arms deliveries to them, the US State Department said. This message was delivered to Chinese Ambassador Zhu Qtzhen at a meeting requested by Undersecretary of State
      Reuter  -  162 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
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      68 words
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      Page 7 Advertisements Column 2
      38 7 UMNn SSSso.ooParPair V 1 Spatial Prlca *****.00 Par Pair ;I.M mtmmm v -t*j Ladtos AVAILABLE AT OUR SH6wROOM ALL CITY CHAIN OUTLETS: Plaza «P«iwwlaPleza(Kl*»)» Lucky Pls*» Parkway Parada Paoptea Part Compiax Toa P»yoh (Fmpwvr* Faun tetoria MamftAMtOMMmpAf ■MgM
      38 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      135 8 How will the won measure against your wants and yens? 9 Facts that figure' Today and every day, Zaobao Business. China, Japan and the 4 NIEs are the formidable BH Wi Chinese entrepreneurs on foreign soils. paper, the business section is undergoing a radical economies that ring the Pacific rim.
      135 words
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  • THE WORLD
    • Article
      Lock icon Moscow declares amnesty for black market dollars
      395 9 Reuter THE Soviet government has announced radical plans to mop up foreign currency by introducing real interest rates, an effective amnesty for black market dollars and shops to spend them in. Deputy Prime Minister Stepan Sitaryan, head of the Foreign Economic Commission, told
      Reuter  -  395 words
    • Article, Illustration
      Lock icon Elections, Mongolian-style
      37 9 An official of Mongolia's Democratic Buddhism Association stands outside the traditional yurt which served as an office during the recently-held first free elections, which the ruling communists appear set to win. AFP picture AFP picture
      AFP picture  -  37 words
    • Article
      Beijing revives military links with Moscow
      385 9  -  By Harish Mehta BEIJING is negotiating with Moscow the purchase of the sophisticated Soviet-made MiG-29 and Su-24 aircraft to upgrade its airforce, reviving military links that had been cut for three decades. The highest level military exchange, between top officials of China and the
      385 words
    • Article
      Lock icon Canada wants HK, Taiwan, China in Apec
      306 9 AFP CANADIAN External Affairs Minister Joe Clark has called for the recently-formed AsiaPacific Economic Cooperation (Apec) forum to include Hongkong, Taiwan and China as new members. "It must expand to include other key members in the region particularly Hongkong, Taiwan and China," Mr
      AFP  -  306 words
    • Article
      Lock icon Afghan cease-fire pact soon: ABC TV
      151 9 Reuter THE US and the Soviet Union will announce an agreement soon for a ceasefire in Afghanistan's civil war, a US television network said. Quoting Western diplomatic sources in Moscow, ABC television said the immediate cease-fire would be announced next week by Secretary of
      Reuter  -  151 words
    • Article
      Lock icon Gorbachev said to be yielding to Yeltsin on banks
      292 9 NYT WHEN Boris Yeltsin, president of the Russian republic, moved earlier this month to challenge President Mikhail Gorbachev's monopoly of the government banking system, it seemed that the two leaders were headed for their first high-stakes confrontation. The Communist Party newspaper
      NYT  -  292 words
    • Article
      Lock icon Koreans in trans-Soviet cable project
      147 9 AP THE Korea Telecommunications Authority will participate in a US$5OO-million project to lay a telephone cable across the Soviet Union, officials said on Wednesday. They said the state-run KTA signed an agreement in Copenhagen last week to join an international consortium to undertake the five-year
      AP  -  147 words
    • WORLD WATCH
      • Article
        Bonn illegally bought radar know-how: report
        118 9 WEST GERMANY illegally bought millions of dollars worth of US radar flight technology from Israel without the knowledge of the West German parliament, according to a West German television report on Tuesday. The equipment involved anti-radar systems that were installed in West Germany's Tornado
        118 words
      • Article
        Plane project under study
        117 9 THE president of the Soviet Chamber of Commerce arrived in Israel on Tuesday to examine a possible Soviet-US-Israelt; passenger plane project. "One of the most promising projects' that has been in the works for half a year now involve*, cooperation in the field of aviation modern
        117 words
      • Article
        Fixed income for royal family
        79 9 BRITAIN'S royal family has been put on a fixed income until the year 2,000 and the government says it will give Elizabeth and her close relatives pay rises averaging 7.5 per. cent a year. The Queen, already the world's richest woman, t will receive £7.9
        79 words
      • Article
        Taxing financial profits
        102 9 PRODUCTIVE investment needs to be encouraged but firm£ that profit from financial investments should be taxed more, French Finance Minister Pierre Bcregovoy said. In an interview shown on French television late on Tuesday, Bcregovoy echoed criticism in late May by President Francois Mitterrand of people who get
        102 words
      • Article
        US workers' remuneration up
        77 9 WAGES, salaries and other benefits paid to American workers shot up 5.2 per cent in the 12 months ending in June, the., government reported on Tuesday. The report was sure to add, to analysts' worries that the nation is suffering from entrenched inflation. Last week, the
        77 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      56 9 W; JL, *v" i RK r-.v; I IKR iC*'*'? PARIS "VjT i r «r>"» \"ri! Gl 6DISTRIBUTION PTF. I.TD I'AHIS #24-07 Orchard Towers. Singapore 0923. Tel: *****22 (121ines| Boutique: #02-07 Wisma Atria. Tel: *****93. Comers: Level 1 Hal lev's Departmental Store Level 2 Galeries Lafayette Liat Tower Also available at
      56 words
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  • Article
    The task before Baker
    458 10 EDITORIAL The US policy shift on Cambodia may have been a bombshell, but to look upon the Asean leaders' measured response to it as shellshock would be a mistake. Considering that US Secretary of State James Baker's announcement last week appeared to short-circuit more than a
    458 words
  • WHAT THE OTHERS SAY
    • Article
      The carrot and stick
      249 10 MR LEE KUAN YEW and Mr Goh Chok Tong have indicated that while the latter will loosen the reins of government upon succeeding Mr Lee as Premier, he will be ready to wield the big stick when necessary. Both probably think now is a good time
      249 words
    • Article
      Ties hinge on consistency
      99 10 THE newly-forged diplomatic ties between China and Saudi Arabia will give a boost to the former's efforts to refurbish its international image, which took a severe beating after the Tiananmen crackdown. It also puts China one up over Taiwan in their continuing tussle for world recognition.
      99 words
    • Article
      Iraq hard to placate
      141 10 JUST WHEN a calm is settling upon the Middle- East after the Gulf War, another dispute is brewing. This time over the rich oil field astride the border between Iraq and Kuwait. Mired by internal resistance, a troubled economy and falling oil revenue, Iraq's Saddam Hussein
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      Problems, problems
      170 10 ONE of the main points of US Foreign Minister James Baker's statement (on its Cambodian policy) is that the US wants Vietnam to pull its troops out of Cambodia. This has already been done, but the US does not want the Khmer Rouge to return to power. But
      170 words
    • Article
      Public works for public
      172 10 IN BOOSTING public works projects, it is indispensable that plans should be made to check rises in land prices and eliminate pre-arrangement among bidders in public tenders. But we have to emphasise the perspective from which things should evolve, with consideration given to people who will
      172 words
    • Article
      Odd one out
      179 10 ALBANIA, the poorest country in Europe promised urgent changes in its leadership and some sops to the public such as freeing up availability of passports as thousands of its citizens ignored the perils of arrest and gunfire to seek refuge in many foreign embassies in the capital,
      179 words
  • Article, Illustration
    Balkans fired up
    864 10  -  The lack of democratic experience is increasing the potential for upheaval. Judy Dempsey reports Judy Dempsey AS POLAND, Czechoslovakia and Hungary strengthen their fragile democratic institutions, their southern neighbours in the Balkans are shifting between cryptofascism and instability as their ruling elites fight to retain power. The
    864 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      224 10 AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON LITTLE < Z O H--0 5 < > z z < > UJ sr- m 1 W H flHHpnrv\A y!J Titi T.v4^^^kJß3lM^H w > z When you visit a country as guest is greeted
      224 words
  • Page 10 Miscellaneous
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  • ANALYSIS
    • Article
      Do you know your liabilities under the CPF Act?
      860 11  -  What really are companies' liabilities under the CPF Act? Small- and medium-sized firms seem to have particular problems understanding its ambit. David Gabriel looks at the 'fine print' that employers should be familiar with David Gabriel THE Central Provident Fund Board
      860 words
    • Article, Illustration
      Lock icon Wretched are those who inherit the earth
      903 11  -  The merging of the two German economies brought about many benefits for the previously impoverished East Germans. But it also ended an era for East Germany's 800,000 cooperative farmers, who are now left out in the cold. Mark Heinrich reports Mark Heinrich Reuter
      Reuter  -  903 words
    • Article, Illustration
      Lock icon What's the buzz, tell them what's happening
      613 11  -  Beijing is humming with political rumours. Kathy Wilhelm tunes in Kathy Wilhelm AP SIGNS of division in China's secretive top leadership have Beijing residents buzzing at a time when hot days and muggy nights usually breed apathy even among the capital's avid politics-watchers.
      AP  -  613 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      84 11 A) 1 UNIT OF RADIAL AUTO INSERTION MACHINE Model: PanseftNM2l43C. Power source: AC 100 V. 50/60 Hz. Air supply 5 kg/cm 3. B) 1 UNIT AXIAL AUTO INSERTION MACHINE Model: Pansert AA NM 2051. Power source: AC 100 V, 50/60 Hz. Air supply skg/cm 3, Variable pitch: 5 mm and
      84 words
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  • ADVERTISING & MARKETING
    • Article, Illustration
      D&D wins Fuji Film account, takes on new partner
      368 12  -  a Genevieve Cua Doddemeade and Dowler, one of the newest agencies on the advertising block, has clinched the multimillion dollar Fuji Film account, beating three other agencies in a competitive pitch. According to industry sources, the account is one of the
      368 words
    • Article
      Caesar's fragrances waft towards the region
      272 12  -  <*<**»« WOMAN By Sangeeta Mulchand LOCAL company Excelmore has been appointed marketing agents for a fragrance distributed by the merchandising arm of Caesar's Palace, the American hotel-casino chain. It will launch the fragrances Caesars Man and Caesars Woman in Singapore and Malaysia next month,
      272 words
    • Article
      Lock icon Rival US agencies locking horns over Los Angeles market
      641 12 NYT SEVERAL years ago, two advertising agencies won the business of two strikingly similar clients in Los Angeles: the new luxury car divisions of competing Japanese car makers. Team One Advertising, a newly created division of Los Angeles-based Saatchi Saatchi DFS,
      NYT  -  641 words
    • Article
      Lock icon Xerox deals BSB another blow
      192 12 NYT THE Xerox Corp has awarded its corporate and product advertising accounts to Young Rubicam's New York office. Xerox had been reviewing its corporate advertising, but decided to consolidate its estimated US$3O million to US$4O million media advertising account at Y&R. The news was another
      NYT  -  192 words
    • Article, Illustration
      Saatchi campaigns to save elephants
      220 12 SAATCHI Saatchi Singapore is adding one more volley to the worldwide outcry against the slaughter of elephants for ivory. The advertising agency is launching a public service press campaign that makes a strong appeal to consumers to do their part by not buying ivory. Saatchi
      220 words
    • Article
      COPY LINES
      339 12 ENROLMENT for a course on Communication Studies at the Institute of Advertising (lAS) has exceeded the daisroom capacity of 36 participants. Some 70 others will have to wait for the next course to begin on Aug 28. The communications course covers advertising, sales promotion and direct marketing, marketing,
      339 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      34 12 I Identify what's my line ELECTRONIC |HH[^B^99^B m ORGANIZER ■^■K^^B^SoU in lIBBiBi win one of the 10 Sharp Electronic Organizers worth $400 each. Watcbout for details in The New Paper today! An Exclusive Promotion
      34 words
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      Page 12 Advertisements Column 2
      49 12 :> c«wpt»diningfromlHß S J|3§W mm SKctmoo Tower*. Select wKßLffifee meal from our menu— •oupfalad, main course,jH^n£r> 4tmn and listed In w' f> and we guarantee it wffl coec bo more then |33.00. A GUARANTEED PRICE. SKj I 1 TERAZZA At Sheraton Twer*. )9 Scorn Ro»d, Singapore 0922. Tel: 737 68M.
      49 words
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  • SPORTS
    • Article, Illustration
      Lock icon Biondi wins another two golds
      430 13 Reuter FIVE-TIME Olympic champion Matt Biondi earned a pair of gold medals on Tuesday to bring his total to four, while newcomer Summer Sanders added her third on the final day of swimming at the Goodwill Games in Seattle on Tuesday. Biondi won the 100
      Reuter  -  430 words
    • Article, Illustration
      Lock icon Connell bounces back to earn shot at McEnroe
      350 13 AP CANADA'S Grant Connell, two points away from defeat, topped Kelly Evernden of New Zealand in a third-set tie-breaker on Tuesday in the first round of the US$l.5 million Player's International tournament in Toronto. Connell had Evernden at 6-3 in the tie-breaker,
      AP  -  350 words
    • Article
      Lock icon Harding out to prove critics wrong
      283 13 AP AUSTRALIAN Jeff Harding has a point to prove on Saturday when he makes his third defence of the World Boxing Council lightheavyweight title against former champion Dennis Andries in Melbourne. Unbeaten Harding wrested the title from Andries, a US-based Englishman, 13 months ago
      AP  -  283 words
    • Article
      Lock icon Future of Dunhill Cup tournament in doubt
      132 13 AFP THE DUNHILL CUP, the international golf knockout competition, is in danger of folding after this year's tournament at St Andrews, Scotland, in October. Alfred Dunhill, the medal matchplay event's sponsors, is thinking of pulling out, having supported the Cup to the tune
      AFP  -  132 words
    • Article
      Lock icon Opposition to race between Lewis and Johnson
      212 13 Reuter THE INTERNATIONAL Amateur Athletic Federation will frown on a 100 m match race between world record holder Carl Lewis and disgraced Canadian sprinter Ben Johnson as has been discussed, says lAAF president Primo Nebiolo. "We are against a competition between two people
      Reuter  -  212 words
    • Article
      Lock icon Sanchez leads Spain to victory while HK scores upset
      254 13 AFP ARANTXA SANCHEZ helped second-seeded Spain defeat Canada in the first round of the Federation Cup in Georgia on Tuesday, while Hongkong registered the first upset in the competition by beating Hungary. Sanchez, coming off a victory last Sunday in Newport,
      AFP  -  254 words
    • SIDE LINES
      • Article
        Lancia drivers take lead in rally
        90 13 LANCIA DRIVERS took the top two honours with a Toyota third fastest in a "SuperspeciaT prime at the start of the Argentine motor rally in Buenos Aires on Tuesday. Juha Kankkunen of Finland covered the three-km sandy course in two minutes 27 seconds on
        90 words
      • Article
        Get ready for sun, sea and surf
        82 13 THE 25TH ANNIVERSARY Sailing Extravaganza and Adventure/Seas ports '90 Exhibition from tomorrow to Sunday promises to be a wet affair for local seasports buffs. Jointly organised by the Singapore Yachting Association and Compass Publishing Pte Ltd, activities include waterskiing, sailing, windsurfing, scuba-diving, tank-free
        82 words
      • Article
        Uninspiring win for Aussies
        65 13 AUSTRALIA, desperate to salvage some pride from its rugby tour of New Zealand, scored an uninspiring victory 36-0 over a Hanan Shield District team in Timaru yesterday. After losing the first Test against the All Blacks 21-6 last Saturday, and two provincial games earlier, the Wallabies
        65 words
      • Article
        S'pore to send 143-strong team
        56 13 SINGAPORE is to send a 143-strong contingent to the Asian Games in Beijing next month. Officials of the Singapore National Olympic Council said yesterday that the contingent, comprising 116 athletes and 27 officials, would leave for Beijing on Sep 19. The 16-day quadrennial games are
        56 words
      • Article
        Lab uncovers 10 doping cases
        61 13 AN EAST GERMAN laboratory conducting doping tests has discovered 10 athletes suspected of using performanceenhancing drugs in the first half of this year. The East German news agency ADN reported on Tuesday that the results were based only on preliminary urine tests that had not
        61 words
      • Article
        NY rallies to beat Phillies
        51 13 MACKEY SASSER hit a pair of two-run homers as the New York Mets rallied to beat the Philadelphia Phillies 7-4 on Tuesday in Philadelphia. The Mets trailed 4-0 when Howard Johnson walked to open the seventh and Sasser followed with a homer off starter Pat
        51 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      212 13 Lancia DedraPossibly the best mid-sized saloon for the *****, But don't just take our word for it. The new Lancia Dedra is Europe's acclaimed top choice in mid-sized fl| The Dedra s ride-handling balance is amongst the best u>e have encounsaloons, flying in the face of competition from some of
      212 words
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  • Old world charm with modern technology Old world charm with modern technology
    • Article, Illustration
      Rover 800 series
      472 14 LIKE THE rolling hills of the English countryside, the unmistakable elegance of the Rover 800 series is stunning. Rising above the transient fashions and speculative exaggerations of form, the clean sleek lines and finely balanced proportions are enduring. Its creators have also been meticulous in ensuring that
      472 words
    • Article, Illustration
      A long tradition in motoring
      707 15 THE ROVER GROUP THE NAME Rover was first used on a safety bicycle produced in Coventry in the 1880s by the partnership of John Kemp Starley and William Sutton. Twenty-four years later, in 1904, they produced their first car and began a long tradition of
      707 words
    • Article
      The distributor of Rover cars in Singapore
      402 15 INTRA-MOTORS INTRA-MOTORS (S) Pte Ltd was formed at the beginning of 1989 as Samara Motors to distribute Lada vehicles. The name, Intra-Motors, was adopted in the beginning of this year to reflect the company's broader range of business interests. At the end of
      402 words
    • Article
      The driving force behind Intra-Motors
      283 15 INTRA-MOTORS is a member of the Intraco Group. Strong financial backing Over the years Intraco has amassed substantial reserves and earned the trust of its bankers and business associates. Intraco is backed by strong shareholders who include the Singapore government and DBS Bank, the largest
      283 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      214 16 WHERE TO WINE, PINE AND ENTERTAIN...WHERE TO WINE,DINE AND ENTERTAIN...WHERE TO WINE, DINE... Same of our best advertising j. is by \wrd~of~mouth. For outstanding haute cuisine in surroundings of unashamed opulence. The Palm Grill is the name on everyone's lips. Reservations, 330 8310 or 338 8585 ext *****/6. PALM <m.
      214 words
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      Page 16 Advertisements Column 2
      345 16 Smoking hot curry claypots spice up the poolside menu Treasured recipes from our Singapore chefs are used to highlight the poolside menu. Spicy and mouthwatering curries are offered daily by the poolside on the fifth floor of Regency Terrace from 11.00 am till 9.45 pm. All claypots are served with
      345 words
    • Advertisement
      Page 16 Advertisements Column 3
      176 16 Waich beautiful models In bright and breezy swimwear every Thursday at 7.30 pm. Happy Hours: 6 8 pm (Monday Friday) 30% off standard drinks. Plaza Ham, tome* tarn*' W rro7lf%< *****1 SW&* Served nightly from juf(ct23S^j $15.00++ Adult $10.50++ Child For reearvaUone,call *****28 Ext 8353/4 390 Victoria S<re«. Singapore («ntr«ro»
      176 words
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      Page 16 Advertisements Column 4
      178 16 Ist From corn-led American cattle come succulent, juicy steaks Roast Prime Rib j of Texas Steer Beef, Boston Oyster Steak and Braised Beer Steak complemented by excellent wines and delicious desserts. 3th floor I I 333 Orchard TA *****11. J Whore the service is good, HJ^HPSP| the ombtence great. •->
      178 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      629 16 TELEVISION AND RADIO A 1 *40 Tharsday Faatara Special SJO AMa aad tha Cttpuwlu. BUSINESS ON RADIO A Al A Robocop (See Our Choice). 5J5 Taday la :v vff Annoureo cop esse?* gassKur" 0.00 Naltaa (Documentary, See 12,25 CWM f"J? 5.30pm, 325 a«: Financial News Our 9*99 iN SBCB V
      629 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Futuristic Lanvin, ravishing Chanel
      844 17  -  Suzy Menkes takes a look at the latest Paris show on autumn-winter collections Suzy Menkes IHT IN HIS second collection for Lanvin, Claude Montana took a giant step forward. Chanel's show was sensational. Together they added up to a grand day for haute couture. Pleasure, relief
      IHT  -  844 words
    • Article
      Lock icon Ferre overdoes it with bows
      412 17 AFP GIANFRANCO FERRE, Dior's very rotund designer, loves swathing slender women in beautiful and expensive materials. Bale upon bale goes into his voluminous evening coats with full sleeves, perfect for slinging over a slinky sheath for the opera. Put in his autumn-winter couture lines, unveiled
      AFP  -  412 words
    • Article
      Van Gogh not mad, he had ear infection: report
      747 17 chatterbox! VINCENT VAN GOGH, who cut off part of his left ear and later commited suicide, suffered from an inner ear infection, not from epilepsy and madness, according to a medical researcher. Pain or intense noise from the infection may have
      747 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      239 17 ...AND ENTERTAIN Wild About Game GAME PROMOTION k wtojijuly 1990 DINNER 7MITO ■ZjK A- 9~' »>flß 10 KfU aj jf-X AU PUCES SUBJECT S3 2_< '9fl TO 104 SERVICE B v|kV charge and VQvsSKSMHPQI Bf «%cess Wc bring you the best of the hunting season roast pheasant, succulent saddle of
      239 words
    • Advertisement
      Page 17 Advertisements Column 2
      115 17 TdAII/A Restaurant and 1 Kv/llt/% Karaoke Lounges FINEST RUSSIAN AND CONTINENTAL CUISINE j Weekendjmn Special Menu -iMMSß+Boneless Chicken Rice jI ♦Home- made Herbal Mutton Soup 4A Carte as usual Restaurant Hours Lunch: Karaoke Hours Mondays to Saturdays Daily: 1130 am to 230pm 7.00pm to 2.00 am Dinner: Mondays to Sundays
      115 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      Bargain-hunting gives a nudge to prices
      888 18  -  By Magdalene Ng PRICES on the Singapore stock market closed firmer across the board yesterday on renewed buying interest and bar-gain-hunting after Tuesday's weakness. The uptrend was due partly to the partial recovery on Wall Street. Most of the gains were made in the
      888 words
    • Article
      Untitled
      3548 18 Grt Gr's 1990 Td Last Vol Day Last Quote Div Div YTd Net M Cap High Low Code Company Sale +or- C000) High Low Bayer Seller Or P/E Smil INDUSTRIAL ft COMMERCIAL 277 191 X 1000 Acma 274 +1 281 277 273 274 275 I I 16*0 290 165 1142
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4202 19 Main Boar!^^^^^^^ SIA Foreign 2000 80 +4.2% Singmarine 50» 530 +32 +6.4% Shangri-La 850 +30 +3.7% Jurong Ship SO* 840 +30 +3.7% SPH Foreign 1170 20 +1.7% OCBC Foreign 1060 +20 +1.9% Grand Central 258 +18 +7.5% UOB Foreign 730 +15 +2.1% (JOB 700 +15
    4,202 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      235 20 AUDITED RESULTS Date Yur GrMf N«t N«t Mratofi SrMt mm to pr*At/l«u (L) plater* «vMm4 (•tOO) (e*«to) I Sernbaware Jul 5 Mar 90 $13,454(56.793) 56.1(28.3a) 35«(lSa) Metro HMts Jul 4 *ar 90 $8.006($10.219) 14.6(1«.7») 4(2.7«) fcttunansM Jul 4 Mar 90 M$105.988($98.362 37.1(34.5) 30k(45) Score Fodder M2 Dec 89
      235 words
    • Article
      PRELIMINARY RESULTS
      235 20 fami—r Date Yaar Group pra-tox N«< Mmiags firMS am to praM/toM (L) par tkara iMi>a< COM) (canto) fee Prod Jul 17 Mar 90 M$2.095j($1.231) 0.9(-) RaslMd Hussain Jul 13 May 90 M$30.105(M$15,338) 218(11 1) 5(4) 'Mm Bhd Jul 12 Mar 90 M$14.247(M$10.387) 6.5(4.6) 10(8) !|*m Jul 5 Mar
      235 words
    • Article
      DIVIDENDS ANNOUNCED
      517 20 Carraat Ex Ma Date Tutil tar TMhr MPMat Mi dtM payablt Um yaar Mjw Nn (Up 6% Aug 28 Sep 7 Sep 26 6% 6% MR NYA Jun 20 Jul 5 A* 15 NYA 129sen Ma 7.5*TE(0 Oct 12 Oct 25 No* 15 7.5%Tl 25%TE B imtmm 35*(s)
      517 words
    • Article
      INTERIM RESULTS
      167 20 timing Date HaH-yaar Graap pra-tax latorlai ami to praftt/lass (L) AM4—4 COM) Rcxy Elect Jul 20 Jun 90 M$733($546l) -<-) M Cement Jul 12 May 90 M$29.627(M$14.717) 7.5TE(6TE) Gaada HMp Jun 29 Mar 90 MJ3,2371 ($2,2361) Pacific Can Jun 29 Mar 90 $681 Saaanda HkJgs Jun 28 Mar
      167 words
    • Article
      RESULTS DUE
      694 20 Stogapsra Stocks Last Fai Yaar CaMpaay hM Mt Tav Nat EPS baas M Mt ytv (Till) LmIW Mm M>30 Dk89 S35L(h) OB Mm Apr 26 Jul 90 13(a) 21TE(a) 4.747 Tat laa Ftan Fatal inn 1 Dk 89 113 80 2.206 FIN Mara* Iw 23 Sap 90 356
      694 words
    • Article
      BONDS, LOANS & WARRANTS
      633 20 BONDS, LOANS WARRANTS C—p—y Cnwratoipntto Cnwraiw >nn tn nn nOrtny towfr CM* Baton 26/4/S3 1 warrant pha $3 09 cart Canaway I— I 2/10/S9 Id 20/10/94 1 anrant ptos $1 cart ar 1 wart ptos $1 Tomn* amount oHoan stock a— Ohm Hp III Mrti «7 to 31/12/91 1.55 warranto
      633 words
    • Article
      CORPORATE DEVELOPMENTS
      420 20 MM FM Capital Cerporatian proposed to buy an 89 per cent stake in the British Amercian General Insurance Company Ltd. k—Padfc IMdhgs said the profit shortfall in forecasts made last year was due to factors which could not have been reasonably foreseen. Milium Triii —Mi itleni M*s shareholders
      420 words
    • Article
      APPROVED ISSUES
      256 20 Cowipiwy H|M« lift n Cap Ow-tort)** MSI 60 per shin 130.131m 1% Convert** Unsecured Low Stock of MSI 00 no—Mi «aue to bi issued on the bos o( 1 CULS tor every aft *ares Mi Ei-date to* i Boots dosr ton 20 kafmm t hjmmt 6 Kfcb Mm
      256 words
    • Article
      PROPOSED ISSUES
      540 20 Company Rights Issue CauMway toe fy*? 1 reduction scheme to redact par value of shares from 1100 to $060; Rights issue of 3:2 10 60 per share OH One-tor-one M|4 00 per share. Every tour r«Ms shares would be ssaed wtfi one TS8. EMS 0n*tor-h» 3 <1.7S wrth
      540 words
    • Article
      COMPANY MEETINGS
      251 20 Rothram of Pal Mai (M) Bhd: 29th AGM at the Petaling iaya Wton Hotel, 2 Jalan Barat ***** Petakng Jaya. Seiangor Daru) Ehsan on Thursday, July 26, at 2.30pm. Butit Sonbawang Estates Limited: 24th AGM at the Orchid Room, Mezzanine Floor, Shangn-La Hotel, 22 Orange Grove Road. Singapore
      251 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      138 20 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
      138 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices manage to close a shade higher
      3669 21 Bernama SHARE prices closed a shade higher in Kuala Lumpur yesterday after tight-range trading induced by uncertainty over the market's direction. The downtrend in Tokyo dampened sentiment, prompting some investors to liquidate their positions half way through the day resulting in selected counters
      Bernama  -  3,669 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      89 21 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS m Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. ENTERPRISE MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look
      89 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Rate worries continue to depress trading
      2185 22 Reuter TOKYO SHARES ended mixed after fluctuating in a tight range for moat of the day yesftr* day. Fears of rising domestic interest fates and a weaker yen kept a tight lid on trading. Most investor! stayed away from interest ratneensitive financial and other
      Reuter  -  2,185 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Market rebounds 24 pts on bargain hunting
      2306 22 THE HANO SENG Index rebounded on bv--24-67 10 Turnover fell to HKSZ4I Whoa (US$3lO million), against Tuesday's HK52.39 billion (US$33O mUKonX The market opened strong following a rise on the U!S motet overnight and news or a corporate takeover in the British cokxty,
      2,306 words
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  • REGIONAL STOCK MARKETS
    • Aussie stocks end firmer on thin trade
      • Article
        AUSTRALIA
        1167 23 THE AUSTRALIAN sharemarket 'Hosed slightly firmer in light and cautious trading as the Dow Jones Index rrecovercd 18 points on Tuesday after 'felling 56 points the previous day. "Our market's not convinced off"thore markets have finished their bout r 6f selling. There's a general reluctance to too carried away,"
        1,167 words
      • Article
        TAIPEI
        359 23 TAIWAN share prices rose in the 25 minutes before closing after a day of erratic trading, with big players buying blue chip issues to pull the stock index up, brokers said. The weighted index rose 50.03 points or 0.9 per cent to close at 5,321.64 against Tuesday's 5,271.61 finish.
        359 words
      • Article
        BANGKOK
        706 23 EXPECTATIONS of rosy corporate earnings and bargain hunting focused on finance and bank issues sent stocks to close at all-time highs, brokers said. They estimated the composite Set Index gained 13.01 points to close at a record 1143.87. Siam Cement closed unchanged at 7,346, Siam City Cement rose two
        706 words
      • Article
        MANILA
        568 23 PHILIPPINE shares closed slightly firmer yesterday, influenced by speculation about the effects on business of last week's earthquake, brokers said. But gains were minimal and the volume of transactions thinned as many traders were unable to travel to the exchange due to heavy morning rains In Manila. The Manila
        568 words
      • Article
        SEOUL
        754 23 SEOUL stocks rose in thin morning trading yesterday on anticipation of* government announcement of marketboosting measures, brokers said. The composite index stood at 686.63 at the morning close, up 6.96 points from Tuesday. Financial shares, which have seen (be most active selling in recent days, were the greatest gainers.
        754 words
      • Article
        Lock icon JAKARTA
        593 23 Reuter JAKARTA Stock Exchange index reafrered some of Tuesday's losses to dqie up 2.05 points at 627.96, thanks 4o strong gains by a few shares. JP Steel rose to 10,000 rupiah from 7,800 with just 1,500 shares traded. Nero supermarket chain changed direction and added 1,500 rupiah to close
        Reuter  -  593 words
      • Article
        Untitled
        662 23 Cloac Prrrio* J«ty 25 SYDNEY All Ordinaries Index 1590.3 1,586.8 3.5 All Industrials Index 2,455.4 2,460.5 -5.1 v All Resources Index 927.4 918.7 +8.7 Turnover (million) 65.88 60.69 +5.19 BANGKOK SET Index 1,143.87 1,130.86 +13.01' Turnover (nearest '000) NA 103,831 JAKARTA Composite Index 627.96 625.91 Turnover (nearest '000) NA Closed
        662 words
  • Page 23 Advertisements
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  • WORLD STOCK MARKETS
    • Oils help Wall St regain some ground
      • Article, Illustration
        NEW YORK
        1145 24 A LATE SURGE in oil and oil service shares boosted US blue chips to a moderately higher finish on Tuesday, but the broader market lagged as worries about dismal corporate earnings continued to weigh on stocks. "The oils are bolstering stocks today, fyut we're not seeing the broad
        1,145 words
      • Article, Illustration
        LONDON
        825 24 LONDON share prices were higher, but near their session lows, at midday yesterday as investors worried about British corporate earnings. Shares rose strongly earlier on the back of Wall Street's good performance Tuesday but then weakened gently in thin trading, dealers said. Some institutions have been selective buyers of
        825 words
      • Article
        MILAN
        172 24 BARGAIN-HUNTING lifted Italian shares at the opening, but the rally quickly lost steam and prices fell back by midmoming, brokers said. The MIB index was down 0.3 per cent at 0900 GMT and slipped further to 0.4 per cent at 0930 GMT. "There was a half-hour of lively trading
        172 words
      • Article
        TORONTO
        232 24 TORONTO stocks closed flat after fluctuating within a tight range, dealers said. Oil and gas shares jumped after Iraq massed armoured divisions along the border with Kuwait and began an Opec meeting demanding a rise in oil prices to US$25 a barrel from US$l7. The composite index rose 0.55
        232 words
      • Article
        JOHANNESBURG
        342 24 JOHANNESBURG gold shares main- tained a slightly firmer bias at midday yesterday after the modest gains of the past two days. But dealers said trading remained quiet and cautious as wary local and overseas investors wait to see if the bullion price can consolidate at its recent firmer levels.
        342 words
      • Article
        FRANKFURT
        282 24 WEST GERMAN shares ended mixed yesterday with a lower bias after a day of thin trading, with most operators uncertain whether the market's next move would be upward or downward. "We are all just lying in wait," one trader said. "The market could easily take off in either direction,
        282 words
      • Article
        PARIS
        281 24 FRENCH share prices broke through the psychological barrier of 2,000 at their start, buoyed by strong oil stocks and Wall Street's higher close, dealers said. The CAC-40 index started at 2,004.96 against a close of 1,995.61, but eased slightly to 2,002.79 by 0830 GMT. Oil stocks were boosted by
        281 words
      • Article
        Lock icon ZURICH
        352 24 Reuter SWISS share prices traded slightly firmer on moderate volume yesterday as Wall Street's higher close on Tuesday supported sentiment, dealers said. But they added profit-taking and a lade of interest from foreign investors dipped gains in the morning session. The SMI index of leading shares was up 3.5
        Reuter  -  352 words
      • Article
        Untitled
        423 24 July 24 Clow PmiM NEW YORK Dow Jones 2,922.52 2,904.70 +17.12 NYSE Financial 140.42 141.32 -0.90 SAP 300 355.79 355.31 +0.4* Turnover (million) 181.920 209.03 -97.18 LONDON Financial Times 30 1866.70 1867.1 -0.40 FTSE 100 2360.90 2359.7 +1.20 Turnover (million) 385.7 369.8 +15.9 AMSTERDAM CBS General 199.50 200.10 2 -0.60
        423 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Major's comment sends sterling sharply lower in Europe opening
      1213 25 FOREX MARKET REPORTS STERLING yesterday opened sharply lower in Europe in response to UK Chancellor of the Exchequer John Major's comment on Tuesday that inflation could go "a little higher yet before it begins to turn down." It traded at U551.8063
      1,213 words
    • Article
      MONEY MARKET
      548 25 Interbank rates BM Offer Overnight 2 2 1/2 1-month 7 1/16 7 3/16 2-month 7 1/8 7 1/4 3-month 7 1/8 7 1/4 Overnight mode: 6-1/4 USS BM Offer 7 days 8 8 1/8 1 month 8 8 1/8 2 months 8 8 1/8 3 months 8 8
      548 words
    • Article
      Lock icon High UK rate policy working
      331 25 Reuter HIGH interest rates are succeeding in curbing British inflation, which will turn down next year although it may accelerate a little further first, Chancellor of the Exchequer John Mqor said. "The evidence that interest rates are going to work is indisputable,** he told Parliament
      Reuter  -  331 words
    • Article
      INTERBANK FOREX RftTES
      387 25 Cross rates July 25 n uss SS MS Dm Yen SFr AS NZS 1.8215 2.7085 1.6240 149.20 0.5531 1.3825 1.2763 1.6849 0.5490 1.4870 0.8916 0.8191 0.3036 0.7590 0.7007 0.9250 MS 0.3692 67.25 0.5996 0.5509 0.2042 0.5104 0.4712 0.6221 Dm 0.6158 1.1216 1.6678 91.87 0.3406 0.8513 0.7859 1.0375
      387 words
    • Article
      FINANCIAL FUTURES
      1512 25 SjjjEX EMMMULM Open High Low Sett Est Vol Opflnt Vol Sep 90 92.01 9103 9101 9102 3275 ***** 8017 Dec 90 92.02 92.04 92.02 92.03 3613 ***** 4661 Mar 91 91.99 92.01 91.99 92.00 S4S 3756 1300 Jun 91 91.82 91.12 91.80 91.81 291 712 2S5 Sep 91
      1,512 words
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  • COMMODITIES
    • Article
      Lock icon Opec must adhere strictly to output pact to clear glut
      413 26 Reuter THE BOOST to oil prices provided by the Iraqi-Ku-waiti row may not last, and Opec must secure strict adherence to any output pact if excess stocks are to be mopped up and market balance is to be restored in
      Reuter  -  413 words
    • Article
      Lock icon Malaysia's coffee production likely to hit 11,700 tonnes
      315 26 MBT MALAYSIA'S annual coffee bean production for the season beginning in November is expected to reach 11,700 tonnes, up 11 per cent from the 1989-1990 harvest. The Federal Agricultural Marketing Authority (Fama), in its review of the country's coffee production, said 4,400
      MBT  -  315 words
    • Article
      Tin drops 11 sen to M$15.95/kg on KLTM
      831 26 REPORTS THE price of tin slipped 11 sen to M 515.95 per kg on the Kuala Lumpur Tin Market (KLTM) on higher disposals and buyers' reserve, dealers said. News that Indonesia plans to raise its tin production target for 1990 to 23,800
      831 words
  • Article
    PRICES
    1292 26 Rubber July 23 »M (**!■>■>») Sccnti/kg Noon Cloae Int I RSSPrompt I55.2VI56.25N I54.7V155.75N Int t RSS Aug 90 I56.2VI56.75 I55.7VI56.25N Int I RSS Sep I56.7V157.25 I56.2VI56.75N Int 2 RSS OP I53.7V155.75N 153.50/155.50N Int 3 RSS OP 149.2V151.25N 149.00/151.00N Int 4 RSS OP I45.2VI47.25N I45.00/I47.00N Int 5 RSS OP 140.7VI42.75N
    1,292 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      857 26 NOTICES NOTICE IS HEREBY GIVEN that, I Teo I-fang Hark, Alvin of No 5 Jin Limau Nipis Singapore (1646), have applied (or a Public House, First Class licence in respect of premises at M/s Why Pte Ltd, at 14 Scotts Rd #04-06 Far East Plaza Singapore (0922), and that this
      857 words
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      Page 26 Advertisements Column 2
      15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1041 27 City FHM ETA FH* ETD Aba OlttM GA887 1225 KL840 2115 GA975 1300 GA894 2350 KLB39 1415 AMaMa QF81 1950 QF82 2200 SQ228 2015 fliltwiMi SQ23 0720 GA975 1300 SQ24 2200 KL839 1415 GA894 2350 nttiim 0A472 0050 AwkM BM~\ 1455 SQ325 2045 lafcraia QF5 2230
    1,041 words
  • THE TRAVEL PAGE
    • Article, Illustration
      Survey of a dream that crumbled
      779 27  -  LETTER FROM WARSAW By Andrew Tarnowski JOSEF STALIN gloomily surveys the remains of his lost paradise in a tumbledown Warsaw castle. Portraits of the old dictator look down from the walls on longgone sports heroes glowing with health, rosy-cheeked women gathering rich harvests and
      779 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4200 1.4400 Canadian dollar 1.5600 1.5800 NZ dollar 1.***** 1.0950 Sterling pound 3.2700 3.300 US dollar 1.8170 1.8270 Local dollan to 100 writs of foreign cvrcscy Austrian schilling 13.60 16.60
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      105 27 Oij*flacr Td July 30 Property Financing Jakarta AIC *****98 Sep 7-17 International Switzerland Sdiwctxer Mutter 61/6*6.20.20 31 Hilton Conference Fair Mustennesae July 30- New Trend® In The Hilton Hotel AIC 03-*****43 Sep 10-16 Intern-wnal Spain V423.3I.01 31 Hotel k Reaort KL Conference IYl SouBd Barcetone Industry Electronics
      105 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      25 27 Cfi iCAGO M 1M V. A Intvrn it i.-n.i \irp.»rt ilu tuii.-iuric 'I i' (S) A I;k 1 atII '>i KiihHl All; Air Canada 1
      25 words
    • Advertisement
      Page 27 Advertisements Column 2
      149 27 Executive Style STYLE The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge in a world where impressions, like it or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      149 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      166 27 25 Kinsm^ high spirits (7) 7 Scenery-painter? (9,6) vrcTTDMV* «ni imftll 26 O, to sit is rather difficult, g Carry on nursing, though having this condition (14) it is a subject of strain (6) |r|Mp! i loHplr|elsleln|t|e|rl DOWN 13 Feeling for Tin sema- [IMAMQpfcMifLMxyoyu) 1 Formerly, reticent person phore, perhaps?
      166 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      162 27 Singapore Outlook: Showers over several areas ia the morning and early afternoon. Report Max temp. 30.2"C Assoc humidity 87% Min temp. 24.4 Assoc humidity 98% Hrs of sunshine 5.65 Rainfall in mm 4.6 Rainfall this mth 105.4 Rainy days this mth 9 World forecast Europe Hi/Lo* Coad. Aberdeen 23/14 Sunny
      162 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      20 27 1... wp IN PsNSTO VOUtf UNSPC*^ A'D u<e OOUBLC -ICA PIHD -&Re£ came?) PpwN6D C EVEMNO STANDARD CO. LTD, MMM
      20 words
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  • Article
    Lock icon Gatt trade negotiators in race against the clock to Brussels
    379 28 AFP SENIOR trade officials were locked in intensive private consultations in Geneva yesterday. Their aim is to devise a negotiating formula that can help secure a reasonably successful outcome by December to four years of strenuous efforts to overhaul and
    AFP  -  379 words
  • Article
    Lock icon Tokyo builders urge more open bidding for projects
    223 28 Reuter A PANEL representing major Japanese builders' groups told the Construction Ministry yesterday that it should allow more liberal bidding for projects. The panel's chairman, Teruzo Yoshino, who is also chairman of Shimizu Corp, said in Tokyo yesterday that the written proposal
    Reuter  -  223 words
  • Article
    Lock icon Iran to seek US$17.5b foreign loans
    142 28 AP THE HEAD of Iran's Central Bank said Teheran will seek US$l7.5 billion in foreign loans to build a production project, the Islamic Republic News Agency reported yesterday. Speaking at a banking seminar in Teheran, Mohammed Hussein Adeli did not specify where Iran would
    AP  -  142 words
  • Article
    Lock icon US factories suffer drop in orders for big-ticket items
    253 28 AP ORDERS to American factories for "big-ticket" manufactured goods plunged by 3.2 per cent last month. The US Commerce Department said yesterday that demand for durable goods items expected to last three or more years suffered a May-to-June decline of US$4.l4
    AP  -  253 words
  • Article, Illustration
    Protectionism still clouding NIE horizons
    540 28  -  The Bottom Line GEORGE ABRAHAM GEORGE ABRAHAM The writer is executive director of the Singapore Indian Chamber of Commerce. The views expressed are his own. PRIVATE SECTOR representatives from more than 80 countries gathered in Hamburg last month for the congress of the International Chamber
    540 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      92 28 PiageT JOAILUERENHORLOGERIE IXPUIS1874 genSve The choice of showbiz stars. Richard Gere in "Pretty Woman" wears Cerruti. A GERRUTIIBBIITUM39 MEN S BOUTIQUES 83UQITUOB BH3M #01-15 The Paragon, Orchard Road Tel: 2 iS %55 102-54/60 Wisma Atria, Orchard Road Tel: 734 #01-45 Forum Galena, Orchard Road Tel: 7H 1882 LADIES' BOUTIQUE 3UQITUOB
      92 words
    • Advertisement
      Page 28 Advertisements Column 2
      107 28 PiageT miLUER EN HURIOGERIE DEPUISIB74 GENEVE PRIME FREEHOLD I I HOTEL DEVELOPMENT SITES I I in the Proposed I I Robertson Quay I I Conservation Area I I Overlooking the Singapore River I I FOR SALE BY TENDER] I I Jones Lang Wootton will be conducting a I I presentation
      107 words
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  • Shipping Times
    • Article, Illustration
      S'pore air-cargo volumes grow strongly
      407 29  -  _?y Rahtita Elias AIR CARGO volume through Changi Airport grew by 8.5 per cent to 49,329 tonnes in May over the same month last year a marked improvement over April's 1.3 per cent rise. This dramatic recovery is a reflection of the strong growth in
      407 words
    • Article
      Lock icon THAI, Lao Aviation get approval for new routes
      183 29 AFP THE THAI Cabinet on Tuesday accepted plans to expand air services between Thailand and Laos on Thai Airways International and Lao Aviation, officials said. According to an agreement reached between the two countries in April, two extra routes will be opened
      AFP  -  183 words
    • Article
      Cargolux sees rapid Asian growth
      279 29 EUROPEAN air-cargo specialist Cargolux has projected phenomenal air cargo growth in Asian markets, with Bangkok showing the fastest rate of growth. Its forecast shows that Bangkok will handle some 1.1 million tonnes in the year 2002, compared with 318,717 tonnes last year. Singapore is expected
      279 words
    • Article
      Competition pulls down APC profit
      240 29 AMERICAN President Companies has been further hit by eroded earnings in the highly competitive intra-Asian trades. The company, which owns American President Lines, said second-quarter profit fell to US$l.5 million against US$5.7 million in 1989 on revenues of US$5ll million, against revenues of US$53O million
      240 words
    • Article
      17pc rise in THAI pre-tax profit
      224 29 THAI Airways International posted a pre-tax profit of 4.14 billion baht in the first six months of the fiscal year ended March 31, a 17 per cent increase over the previous year, The Nation reported. From Oct 1 to March 31, the airline posted
      224 words
    • Article
      Lock icon ANA plans to fly to Paris from Oct 4
      139 29 AFP ALL Nippon Airways Co Ltd (ANA), Japan's second largest airline, hopes to start flying twice a week between Tokyo and Paris on Oct 4. ANA has applied to the transport ministry, and expects to obtain official approval soon, following an
      AFP  -  139 words
    • Article
      Lock icon CMA, POL to launch Europe-Far East service
      314 29 Lloyd's List FRENCH containership operator Compagnei Maritime d'Affretement (CMA) and Polish Ocean Lines (POL) have formally ratified their agreement to introduce a new joint liner service between Europe and the Far East. The alliance could see the two companies enlarging their fleets in
      Lloyd's List  -  314 words
    • Article
      Lock icon Amoco ordered to pay US$160m oil spill damages
      300 29 AFP A US JUDGE has ordered the Amoco petroleum firm to pay around US$l6O million in damages and interest in connection with a huge 1978 oil spill off the coast of France, an Amoco spokesman said. Spokesman Mike Thompson said the firm
      AFP  -  300 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Daewoo signs US$90m Kuwaiti tanker contract
        75 30 DAEWOO Shipbuilding and Heavy Machinery has signed a US$9O million contract with Kuwait to build a 280,000-ton tanker to carry crude oil. Daewoo said the contract with Kuwait Oil Tanker Co specifies that Kuwait will pay in cash when the tanker is delivered in
        75 words
      • Article
        Harmony cruises fully booked
        66 30 THE 950-passenger Crystal Harmony, following delivery from Mitsubishi in June, is reported to be fully booked by Japanese nationals, paying fares ranging from U553,900 to U5513,500. Three other separate itineraries to North America are also sold out, though the Japanese account only for 10 per cent
        66 words
      • Article
        AMR drops airport surcharges
        88 30 AMR Corp has withdrawn the surcharges on facilities it had planned to begin on Aug 1 at five airports because competitive pressures have made it impossible to implement the surcharges. But AMR said the charges are still justified due to excessive and unreasonable charges at the
        88 words
      • Article
        GATX unit finalises terminal buy
        64 30 GATX Terminals Corp, a subsidiary of GATX Corp, has completed the acquisition of a 1.6 million-barrel petroleum terminal at Paulsboro, New Jersey, from Exxon Corp for undisclosed terms. GATX had been leasing and operating a portion of the facility since the first of the year.
        64 words
      • Article
        Mexican airline orders BAe jets
        67 30 BRITISH AEROSPACE pic said Mexican airline Aviacion de Chiapas has ordered two BAe 146-200 regional jetliners in a deal worth around US$5O million. The aircraft, to be delivered in August and December this year, will be the airline's first jet aircraft. BAe said the order
        67 words
      • Article
        Hamburg-Sud revamp
        58 30 HAMBURG-SUD has switched the management of its subsidiary, Columbus Line, from Hamburg to New York. Columbus' North America offices previously operated only in an agency capacity. Hamburg-Sud said that "with the reorganisation, the agencies' relationship with their principal in Hamburg will be supplanted by one organisation in air
        58 words
      • Article
        Italian-Soviet cruise venture
        44 30 COSTA CROCIERE of Italy has teamed up with Soviet interests to form a joint-venture cruise company which will operate in the Black Sea and Baltic Sea. Costa Crociere and Sovcomflot will each contribute two vessels to the new company, Prestige Cruise.
        44 words
    • Article, Illustration
      Lock icon Navigating success the 'simple' way
      1610 30 Mini-conglomerate International Maritime Carriers and chairman Frank Tsao have always been Hongkong's example of how to be successful by doing it your own way Lloyd's Maritime Asia INTERNATIONAL Maritime Carriers got through the 1980s not by being sophisticated, but by being willing to do what
      Lloyd's Maritime Asia  -  1,610 words
    • Article
      COCKETT BUNKER MARKET REPORT
      924 30 THIS twice weekly report, compiled by Cockett Marine Oil Ltd, shows price range in Us dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are indicated. The Cockett Bunker Price Index change and
      924 words
    • Article
      THE SHIPPING GUIDE
      12329 38 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
      12,329 words
    • Article
      SHIPPING AGENTS
      3388 43 Arc——™**. Shpg Agencies Pte Ud (SyMarine Handling Sdn Bhd (PK/PN). Aecard Shpg: Accord Shpg Pte Ud (SyAccord Contr Line (M) Sdn Bhd (PKJ/Acoord Contr Line (PG) Sdn Bhd (PN). Adkrte Baslnm Corporation Philippine Calsource Shpg A Trdg Pte Ud (S) Ahrenkiel Liner Service Kim Shpg A Trdg (S).
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    • Article
      COURIER SERVICES
      224 43 Abacus Couriers Td: 545-8011, 448-6415. Air KifttM Service Td: 533-5771. Fax: *****44. Airborne Freight Corporation Td: 542-8844. Fax: *****16, *****80. Clty-Unk International Td: 344-3377. Fax: *****50. Cluster link Supplies A Services Td: 296-5720. DHL International Td: 344-891 I.Fax: *****61. DPF. Courier Td: 284-6611 (7 lines). Fax: *****88 Emery
      224 words
    • Article
      AIR FORWARDERS
      1458 43 Abex Express Freight Td: 542-7171. Fax: *****84. Actinic Forwarder Td: 225-1833. Fax: *****42. Activair Singapore Td: 542-7822. Fax: *****20. Aeroiink K G Freight International Td: 545-5992. Td:"542-5911. Fax: *****18. Air Cargo Nowo Express Td: 542-5454. Fax: *****06. Ak Express International Td: 542-7666. Fax: *****74, *****50. Ak Market Express
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      PORT CONDITIONS
      2321 44 ARGENTINA San Lorenzo: Port busy; 6 vessels loading pelletized meal; 5 vessels in roads of which 3 to load pelletized meal, 2 vegetable oil. Rosario: Three vessels operating of which 1 loading grain, I vegetable oil, I pelletized meal; grain stocks adequate. Villa Consdtvcion: Port quiet; 1 vessel
      2,321 words
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      Lock icon SHIP SALES & TANKER RATES
      582 44 SHIP SALES TANKER RATES Reuter, AFP DELORIS, of 42,562 dwt and built 1978, and Helen of 42,566 dwt and built 1978, are up for sale, seeking around US$ 11 million each. The tanker 138,949 dwt Vasilikos, which was built in 1976, is for sale at around US$23 million, while owners
      Reuter,; AFP  -  582 words
    • Article
      AIR FREIGHT SCHEDULE
      541 44 ARRIVALS o» Flight Ty»* ETA Froa TODAY KAL KE697 B747F 0155 SEL NCA KZ203 B747F 1935 NRT FDX FM75 B747F 2130 JFK/IND/ANC/ NRT/TPE KAL KE685 A30F 2340 SEL/MNL TOMORROW JAL JL6I3 B747F 0340 TYO RJA RJ028 B707F 1530 AMM/BAH NWA NW90I B747F 1740 ORD/SEA/ ANC/NRT SIA SQ/BA821
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      CRUISE & FERRY SCHEDULES
      355 44 CRUISE FERRY SCHEDULES CRUISE SHIPS Ait Pep Name of Veaad ETA ETD Port ApK Porta of Calk AUGUST 21 21 Orient Venus (MV) 0600 2000 Borneo Shipping Sin-Frcmantle-Jakarta-Kobe 28 29 Andaman Princess 0800 1700 Andaman Cruise Cruise to nowhere 30 31 Andaman Princess 1500 1700 Andaman Cruise Cruise to nowhere
      355 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        593 45 ta* Ml ktM 0***• VmmI fry Hi Birth Antoal PapwWt Wkanw 23/90 PIC 25.07/1230 2607/0600 M CI 21E/90 K18 atoiwside 25.07/1700 Mercurypeart 007E P4A 25.07/1400 27.07/0600 ftlMm Sow K33 25.07/2300 OceanT* 1 P3W 25.07/2230 2(107/2200 rm ivn 09 PRO K15 turn* 25.07/0700 Ruth RIB 31A P3E 25.07/1830
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        CONTAINER SCHEDULE
        1125 45 RECEIVING Of EXPORT FCL CONTAINERS AMD LCL CARGO Record Mb S# Voy No Period From To Fran f tf DbdU Space to Oasy IB 1 25/1500 25/1659 25/1900 3 26/0700 26/1159 26/1400 Mi Bhum 30S 1 25/1500 25/1659 25/1900 3 26/0700 26/1159 26/1400 fa Chun N102 1 25/1500
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        IN MALAYSIAN PORTS
        334 45 Bwi Ktof Mk Port on My 25: Isokaze berth 1; Hong Machai berth 3; Builder I berth 4; Pernas Safari berth 7; Sri Arika berth 7; Metoka Java I berth 7A. RCT: An Chun berth 8; No 8 Donam berth 9; Uni Spring berth 9. Ikrtk Port
        334 words
    • Article
      DAILY FREIGHTS
      1071 45 CHARTERING on the dry cargo freight on Tuesday mainly centred on time-charter activity, with other sectors largely neglected, brokers said. The Baltic Freight Index rose three points to 1,141. The US Gulf to Europe grain subindex was marked up to US$9.BB from U559.65 while Gulf/Japan eased to U5518.75
      1,071 words
    • Article
      Lock icon KLM keen on buying Venezuelan carrier
      528 46 Reuter KLM Royal Dutch Airlines said it was interested in buying a large stake in Venezuela's flag carrier Viasa, due to be privatised soon, to further expand its global network. KLM president Jan de Soet told a news conference on the company's annual report
      Reuter  -  528 words
    • Article
      Lock icon Airbus-320's airworthiness challenged
      212 46 AFP A BOMBAY COURT has admitted for hearing a petition challenging the airworthiness of India's recently re-inducted fleet of Airbus--3205, the Press Trust of India (PTI) said. The state-ruh domestic Indian Airlines grounded the 14 Airbus-320s left in its operation after one of the planes crashed in
      AFP  -  212 words
    • Article
      Lock icon McDonnell defends US$6m lawsuit by Lloyd's
      196 46 AP AEROSPACE manufacturer McDonnell Douglas Corp is defending itself against a US$6 million lawsuit filed by Lloyd's of London, alleging negligence for damage to a satellite. The case stems from a June 20, 1989, accident at a Cape Canaveral launch pad in which a
      AP  -  196 words
    • Article
      Lock icon US to indict Eastern on airport violations
      250 46 AP THE US federal government will indict Eastern Airlines and some of its managers on charges of conspiracy and maintenance violations at airports early last year, the company said on Tuesday. The announcement added to the uncertain outlook for one of the nation's
      AP  -  250 words
    • Article
      Lock icon Socanav sells Price Club for up to US$60m
      287 46 Reuter SHIPPING FIRM Socanav Inc has sold its Price Gub Canada Inc subsidiary to Price Co of San Diego for between US$55 million and US$6O million, Socanav chairman Michel Gaucher said. Socanav subsidiary Steinberg Inc owned a 50 per cent interest in
      Reuter  -  287 words
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      173 29 BSWEEHENG METAL CO PTE LTD No. 13. Tum tmim 14, SPOfIE HM FAX; 861-2946 TEL 861-6066 (5 UNES) TLX RS ***** SHMCPL SoUAgMCIFA HB Also buy, set nntal repair Mr rorndri 15 Mr FrvfM SctaMe It CodMtt report 2 ContOTa Schedule 17 CMnarSonm IS Crwe ft Ferry rtrtto IS [My
      173 words
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      95 30 NOTICE NOTICE M.V. OBBEN PINK V J Arrived Singapore It/fl/W. M.V. puncess VJJ Arrived Singapore li/fl/Wi Consignees of all damaged cargoes ex the captioned vessels Is hereby notified that a General Survey will be held on the 27th July (Friday) at Keppel Wharves K3O 0900 hours 1300 hours. No further
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      Page 30 Advertisements Column 2
      14 30 m m anagers yMust W lanage BT shows you how every Monday. lEXECUTIVEI Ljo^sJ
      14 words
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      2107 31 SHIPPING AGENCIES 200 Cintonrr>eo: Road #12 06 Soutupomt, Sinpport 0208 IMS## tn *****1 telex no rs 2*179 Wllllf TERMINAL/CFS Til *****11 220 rßftViflfi BOOKINGS Tti *****34 235 A PESAKA JARDINE SHIPPING AGENCIES SON. MO. PORT KELANG TEL *****18 TELEX NO. MA*****/MA***** PCNAN« TEL *****4 TELEX NO MA***** CfS TEL *****6
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      Page 31 Advertisements Column 2
      933 31 INDEX TOfIDVBmSKS A 1 MISC 14 1-3 M'sia Shpg Corp 9 1/2 ABC Conuinerline 13 5 Menddssohn 5 1/2 Accord Shpg 8 1-3 MOL 18 4/5 A,r 1 •MOSK(ForeU) 5 5 ARC Line >4 4 Mutiar* Sunudra 18 1 PL 3-5 .Myanma 9 5 I 4/5 My»nm»f Omt .3 3
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      Page 31 Advertisements Column 3
      2161 31 V«NI Voy ETA I ETO 'Porl -Penary DESTINATIONS Singapore KWang TH* MM LM M aoo* cios*ng TMM Fatdv b» si/7 0400 mrs Fweo t CM yon 2M» MRS M Tauro OAK LOS HOU MEM ATI MIA CHS BAL PHL NVC MOM TOR' LARS M 9006 1 31/7 1/8 In Pt
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      1057 32 I ROTTERDAM/ VOY NO S PORE P. KELAWG SOUTHAMPTON HAMBURG BREMEHHAVEN ANTWERP LE HAVRE CITY OF EDINBURGH 90/587 M/ 7 12/8 14/8 17/8 KURAMA 08/588 26/7 20/8 15/8 17/8 13/8 10/8 TOKtO EXPRESS 94/589 1/8 18/8 20/8 23/8 KATSURAGI 01/500 2/8 27/8 21/8 23/8 20/8 26/8 BENAVON 96/503 5/8 22/8
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      Page 32 Advertisements Column 2
      463 32 DIRECT SOUTH PAplFlp $ERVIQE SIN NOU SUV PPT IRINI 30/7 14/8 21/8 25/8 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA. PAGO PAGO. APIA t NUKUAIOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP IRINI 30/7 6/9 8/9 10/9 Aho accept "V Carjo to Callao (Peru) *ia Vtlpa AflWls: SINGAPORE; *****96 VS.
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      1137 32 Ql.— A9MA Slfl REGULAR MOCPENOENT FULL CONTAMER SERVICE |W£st66UN& F6ft EuA6f>£ ZTTT VSUVOY SIN ALG BCL Fa ROT ANT HAM BRE LHA (VIA (VIA (VIA ALA ROT) HMD NOR ASIA MUBARAK *22 3 03** 24/01 29/01 31/H 0349 «209 0401 N-AL MANSOORAH 90Z3-3 10,08 31« 02,-09 0509 07-09 1049 0909
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      1621 33 SrgSteamers Maritime Holdings Ltd p&o ra? Containers Mr No P-lIMnR S pot S tan M'Wi I'Kmn R'daai Lak ACCEPTS DUE SAILS CITY Of EWNRURC ftStf -CAN-20/7 2M7 12/N 13/01 IM* CARGO TO* 10 EXPRESS MOM EOMNO-21/7 01« U*> 21/01 22fit BINTANG BELAIT VI3E StbH.Miri.Kl Daily In Port 27 Jul KATSURACJ
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      Page 33 Advertisements Column 2
      1583 33 TO: EUROPE TO: FAR EAST St> LH RDM NAM O'HVN FIX SPORE MR RAO ROB BU CHOYANG PARK WW 7*7 15/0 1M 17/0 1* CHOYAHG SUCCESS 000E WJ lit Ift t/t V» HANJIN OAKLAND OOW 4/0 22/0 Z3/0 24* 2*o 27/0 HANJIN MMUN «l H M 1M I 3« 1M
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      Page 33 Advertisements Column 3
      22 33 STORE LOAOMQ TOR mora nnm pmnompemh/komponosom NMA 31/7/ SO HOCMMMH/VUNQTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: RS2S2S7 FAX: *****4S
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      Page 33 Advertisements Column 4
      405 33 SPECIALIST IN RO-RO ft HEAVY LIFTS t VESSEL ASIAN AMBALIKA COSMIC ASIAN CLIPPER PIONEER STAR r VOY. NO 125 57 7 114 S port In pt 21/7 10/1 20* P. Kelang 29/7 31/7 12/1 22/1 Ponang 30/7 f Hong Kong Yokohama 31ft 9/9 Nagoya ll* 29ft 7/1 Osaka 17/t 5/»
      405 words
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      557 34 CM NBR 11A27A*****-D EXPRESS SEHI-CBIITAINERSIIIP SERVICE V&/VOY S'PORE rOMV H'BUtG BREMEN ANTWERP MM 1 PAJUANWSWt Hp-IB V§ JIM M 7/1 MTAuzwa \t-mt n/» an nj» s/u ■ata*mww« aw 22/10 xn» mo mi FAST TRANSIT TIME ACCEPTMQ BREAKBULK/CONTAMERtSED CARGO SubtMt to MuoananL Aln anaplng o*9o to CBhMbkb, Wort Said, Port Ateaidrto,
      557 words
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      Page 34 Advertisements Column 2
      832 34 HANJIN SHIPPING FULL CONTAINER SERVICE vr sr-ar is sa s 1 HANJIN OAKLAND MB* 4/« 22/1 23A Hit Kit 27/S HANJIN HAMBURG (UE «A H. CHEJU OS3E IIA 25 CHOYAM SUCCESS OIMI |IMI V» tfl 1/9 V) M HAWJIK ROTTERDAM ONE UA H. SEOUL IME tit HANJIN HAMBURG «2W |W
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      Page 34 Advertisements Column 3
      1449 34 -jf jH -1 r-| -1 HH 1 I^^^ff!^!! 4 GIFTED RE-032 IN Vt M 7* 11/1 1U 1U 1U M !IJI !l|l llfl iyi «l tfll M/M EOUT RE-R2l IA H 1U 1U 1U U 3D M 27/1 2M 7/1 2S/1 22/1 «ll VU IfU 'ID MWU E GOLDEN RE-R27
      1,449 words
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      Page 35 Advertisements Column 1
      1776 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 m 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 SDN BHD MALAYSIA K.L-(03) *****33, P.Kelang-(03) *****87, Penang-(04) *****0,
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      Page 35 Advertisements Column 2
      1140 35 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD BOOKING: *****51/ *****64/ *****59 (FESCO LINE) ENQUIRIES: *****33 KL: 03-*****75/697 PORT KELANG: *****43/ *****40 PENANG: *****4/ *****8 JOHORE BAHRU: *****1/ *****1 DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUNO 1 vomi I got |mmiiu> HHOwt votAct got fklmk wwi6 nwoi luw WT uawa»~ r kisoiv
      1,140 words
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      1438 36 o 11 W\ t\> Ujd W V AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) W) K4 TEL: *****77 TELEX KAWAKIRS23I6S FAX: *****79 \H_ Mj B_W MALAYSIA HARPER WIRA SDN BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA, LTD. ~IDONES,A: P.T.saiuuuu«T«Tßl™^ fiXTOKT. N.
      1,438 words
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      Page 36 Advertisements Column 2
      663 36 Y*** PHILI-ORIENT LINES PTE LTD S2 I (TheCompleteNVOCCPackage) T—.. I nwnosf of SFFA 5 AUG MONTREAL OTTAWA,TORONTO, VANCOUVER SWESTERN ONTARIO. 07 mi v rtnDAi niuuiu CHARLESTON, CHICAGO, a JULY Kir LONOOH UN[)ER Y w,NNlPtG£amp cuiDitu BAHRAIN, ABU DHABI, RE6INA, SASKATOON, 9 AUG SHARJAH CALGARY, EDMONTON, KELOWNA, llliW KAMLOOPS, VERNON. PENTICTON
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      Page 36 Advertisements Column 3
      348 36 GOLDEN LINE GUAN GUAN SHIPPING iSIJXV (PTE) LTO a t»<* »yr «m« siqcapoqe mm wmAit>»«MM-—■-rtimm* S*pora P. Man Pwm j GOUXN VONOU WV My OOCOCN HAVEN CatawbOf'Kjndw/Dutui lON MMMB DAI YUN SHAN Xamn/fufcM a»N CMANCOU Pnr Udma/Huwcpi. 14/12 Am GUSHAN Xaran/F«fttt 2/i tat HONCQI I» HokM/StaMsu 2* Aa( HAI FUN
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      1617 37 sSSs'Vfl PACIFIC INTERNATIONAL LINES (PTE) LTD SBSSBg K ml BP PW- Budding, 140 Cadi Street <0300, Singapore 0106. I MIIiRTA I I BANGKOK I VESSEL VOV SM JKT SM VESSEL VOY SIN IKK SIN KOTA MA (MSB 20/8 22/8 25/8 TA NAQA 12N IS/7 31/7 418 EDEN 3023 28/7 31/7
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      Page 37 Advertisements Column 2
      1094 37 r BEN LINE CONTAINERS LTD 200 Cantonment Road Tel: *****22 #13-05 Southpoint IV% Fax: *****63 Singapore 0208. Telex: RS ***** VESSEL jvOY SPORE P.KLANG S HAMPTON| HAMBURG B'HAVEN ffDAM L'HAVRE City ol Edinburgh -I- 90/587 26/7 Via Can 12/8 15/8 17/8 Tokio Express" 94/589 1/8 Via Ala 18/8 21/8 22/8
      1,094 words
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      Page 37 Advertisements Column 3
      241 37 MYANMA W* FIVE STAB UHE (Myanmar National Line) Loading for Yangon (Rangoon) Spore P.K«l«nf P«n HER GUI VIOQW IN PT PAGAN VISWf JWI iW. MYOMAYWA VUJW 7 AUC THE BAWKUHi (A Mrvtco 0< Androw Wolf Shipping) \\r S€MI-CONTAINCT SCNVtCC HEAVY LIFT CAPABILITY I EXPRESS TO PAPUA NEW GUINEA 1 MORAYBANK
      241 words
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      708 40 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BBV ROM ANT HBC RST UtBRICHT |/M 1/1 «0 PANAMA SEN WTOI 70 3M 310 l/» 30 50 T. WENDA §N ISO 70 W "W *3* TO EAST MEDITERRANEAN OUTBOUND I SIN I LCA
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      Page 40 Advertisements Column 2
      1231 40 CRYSTAL FREIGHT I < CPS > SERVICES PTE LTO v TEL *****88/*****22 WE ARE MOVING We are pleased to inform you that with effect from 30 July 1990, our office will be located at: 76 Shenton Way #01-01, Ong Building, Singapore OM7 Tel: U47SBS (12 Lines) Fax: ******S Telex: CFSIN
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      Page 40 Advertisements Column 3
      229 40 rQgggm—| LOADING FOR LOAOINC FOG BUENOS AIRES VESSEL SPORE CM OON WIRES RWIOEO RIO m *IT MOM MOSTWCENI LM Hp MM l#l MP M/l VJMU SABANA Op M tfl Z2JI MP HP W VJMU c saw. j?f9 wiw nr» w» mi VMMU DISCHARGING FM BRAZIL QUIT STCHtC I MM. MK
      229 words
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      Page 40 Advertisements Column 4
      1213 40 r Wg t a is *is#'> «i fes ■3? CHRM OCEAN SHIPPRW COMPANY I 1 TO&WHT FULL CONTAINER LINER SERVICE telexwSr»HP I CR NO: *****W0000M FAX: Z2QM I jl. r■■ I 1 Til CABLE: COSTARLINE I General Agents: OOOTAR BtimHO PTE LIB I ggffi SCP lax ROT HAH AWT DM
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      907 41 NIHON-ASIA EISr B IS7r CR **********0N gg| u~.> TEL: *****22 FAX: *****86 ETHIOPIAN BMPWNG UB |r (National Lines of Ethiopia) Competitive Rates!! {ZffT' TIONAL SPOW€ ABBAY HOHZ 2SWB 23AM DAHESSALAAM MOMBASA. DJIBOUTI 1 »<*»»*»*■ MOOtOAH 1 N6TSAN6T 20WB 25/09 DARCSSALAAM, MOMBASA. DJIBOUTI fTO |ABSAB MAS&AWA. MOQgOAM U A All IPI
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      Page 41 Advertisements Column 2
      642 41 MASKAPAI PELAYARAN WpULAU LAUT FULLY CONTAINERISED REGIONAL FEEDER SUVICE TWICE-WEEKLY/WEEKLY FIXED- DAY SCHEDULE BETWEEN THE PORTS O?TESRE. INDONESIA, MALAYSIA THAILAND ALSO ACCEPTING La CARGO TO ALL DESTINATIONS. 1 WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 K VSL VOY SIN JKT PAJ SIN WASPADA 33S 30/7 4/8 8/8
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      658 41 BANGKOK MANILA/CEBU MEKHANIK KURAKO UN Thyr In Pt Sun tlft SO ORIENT 31« 3M 11/8 "i SIRI BHUM# 457N St 28/7 Tut 31/7 AKA BMUM 323 1M MM Hi CNAIYA BMUM# 07N Sun »/7 Wd 1/8 SO ORIENT |gB 17M 0(8 *8 MAMA BHUM# 20* W* 1/0 S»t 40 MEKHANIK
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      Page 41 Advertisements Column 4
      266 41 t 1 TO AUSTRALIA/NEW ZEALAND j musxl at W ii 5i 35 C.VCMUKS 1* 55 55 nI Hi ii mtkikrw' ai m i» "ii tnt txma m uji w "55 "Si 155 Ai« act** AUSTRAiIA AMaMa IrMm NEW ZEALAND —IWlJnfton Naftor ChrMchurdi TO USA/CANADA ML Ikwn IN. OrtHMlCMMtal MM*Mi |MNM
      266 words
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      1104 42 |lUC-NELS SINGAPORE [""M" tel ama I i»ntr tel aiM»T| AAI PENANG TEL: (04) *****6 ||KK '.TEL: (088) *****0 TAWAU TEL: (089) *****$ KELANG TEL: (03) *****77 |<UCHING "TEL: (082) *****3 SKAN TEL: (089) *****2 I -l\=/\"l J BAHRU TEL: (07) *****2 ISIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 V—
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      Page 42 Advertisements Column 2
      507 42 STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRIBTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN H. PLY AOCK LYT PREMIER VS a Jul 7 Aug Vj* {J* J Ami MAHSURI
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      Page 42 Advertisements Column 3
      1094 42 Mm THONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No: *****73 CONVENTIONAL/CONTAINER SERVICES CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH mm |m lira Inn mm I w era Iwr KIM SOON LI 30/90E 4
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      13 44 National Day Supplement Free with your copy of Business Times on Aug 8
      13 words
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      55 44 gga NAMt VQY ETA LLfi DESTINATION SEAMAR 16/90 31/7 2/1 YANGON (BURMA) TOMOH SATU b 8 1/1 YANGON (BURMA) HATI BAIK 2/90 12/1 14/S YANGON (BURMA) FOONG SUN SHIPPING ft TRADING (PTE) LTD #25-09 A International Plaza 10 Anson Road Singapore 0207 Til: *****73. *****15 Fax: *****50 Tel«»: RS *****
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      Page 44 Advertisements Column 3
      94 44 REGULAR CONVENTIONAL SERVICE TO CHINA Vmml S pore P. Gudang P. Kelanf loading for DADC In Pt 27/7 HUANGPU/XINGANG JIANCHANG 2/1 30/1 NUANGPU LISHUI —12/1 i/t HUANGPU/SHANGHAI GUANGSHUI 10/1 12/1 HUANGPU/XINGANG SCHINDON TRADE ft FREIGHT SERVICES 47 BEACH RO, #06-06 KHEMO CHIU BLOQ. TEL: 33M074/*****03/337M17 FAX: 33*6644 TLX: B8 *****
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  • Page 45 Miscellaneous
    • Miscellaneous
      Page 45 Miscellaneous Column 1
      432 45 TIDES AND WEATHER Toowrs TIOCS (height in metres) HOUR 0000 0100 mo 03M MOO 0500 MM 1700 MM MM 10M11M12M13M14M ISM IMI7M MM IMI MM 21M 22M 23M 17 31 3.1 2.9 13 1.7 LI 0.7 14 04 06 1.1 1.7 12 25 25 12 1J 11 19 17 17
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      Page 46 Advertisements Column 2
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      Page 46 Advertisements Column 3
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