The Business Times, 1 August 1990

Microfilm: NL17094
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Wednesday August 1 1990 75*
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  • NEWS SUMMARY
    • Article
      Tunku ready to contest Mahathir's parliamentary seat
      52 1 FORMER Malaysian prime minister Tunku Abdul Rahman said yesterday he is ready to contest the Kubang Pasu parliamentary seat in Kedah, currently held by Prime Minister Dr Mahathir Mohamad, in the next elections if nominated. He is adviser to the opposition Spirit of
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    • Article
      Credit POSB ups rates
      27 1 CREDIT POSB, which controls the biggest share of the housing loan market, has raised its rates by half a percentage point Pace 2
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    • Article
      Recruitment boost
      21 1 THE PUBLIC SERVICE Commission last year conducted more recruitment exercises to attract people into the civil service Page 2
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    • Article
      India changing tack
      21 1 VP SINGH's government is actively promoting foreign investment in India, something previously thought to be unthinkable Page 8
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    • Article
      Manila wants credits
      24 1 MANILA will seek the immediate release of US$233 million in outstanding foreign commercial credits to help rebuild the country Page 8
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    • Article
      EC springs surprise
      23 1 THE EUROPEAN Community has surprised its trading partners with a bid to jumpstart stalled world farm trade talks. Page 9
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    • Article
      Kohl voices opposition
      46 1 WEST GERMAN Chancellor Helmut Kohl has said that he does not want the European Community to increase the contributions of member countries to pay for the admission of East Germany Page 9 WHO'S STRONGEST OF THEM ALL? 10 DREAMS DO COME TRUE 11
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    • Article
      Robin Hood reprised
      20 1 AS HOLLYWOOD looks for new heroes, plans are underway to create a new Robin Hood Page 17
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    • Article
      UPS has global plans
      37 1 UNITED Parcel Service, which is synonymous with the delivery business in the US and which has the largest delivery business in America, is set to take on the world. Shipping Times Page 2
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      53 1 AN EARLY slim US blue-chip lead on Wall Street fell apart amid news that the Chicago purchasing managers' index slipped to 48.3 per cent in July from 53.5 per cent. The data heightened worries about the economy. The Dow slipped three to 2,913, and decliners and gainers
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    • Article
      Footsie higher
      39 1 LONDON share prices were higher at midday yesterday, riding a wave of bullishness begun in overseas markets. At 1113 GMT, the broad-based Financial Times-Stock Exchange 100-Share Index was up 18.4 points or 0.7 per cent, at 2,334.9.
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    • Article
      New G K Goh venture
      22 1 G K GOH has set up a stockbroking venture in Jakarta with Indonesia's Ometraco group Page 3
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    • Article
      Singmarine profit up
      26 1 BUOYANT conditions in the shiprepair and shipbuilding industries -has sent Singmarine's after-tax profit up by half to $9.72 million at halftime Page 3
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    • Article
      JCB opens local office
      31 1 LEADING Japanese credit card firm JCB International has set up a local representative office to support and promote its credit card business in the region Page 6
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    • Article, Illustration
      STOCK INDICES
      29 1 Teesdey Change BT-MGA 809.47 +1.49 Kuala Lumpur ....630.29 +0.98 Hongkong 3,438.49 -6.92 Tokyo 31,035.66 +592.71 Sydney 1,572.7 +8.8 Moaday Change New York 2,917.33 +18.82 London 2,316.5 -13.6
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    • Article
      CURRENCIES
      18 1 USS S$ 1.81 OS Yen Sf 1.2287 M$™. SS0.67I2 Overnight 1/2 -5 3/4 3-month 7 3/16% 1/16
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    • Article
      COMMODITIES
      35 1 LmnJm Gold PM fix US$372.30 -US$4.00 S*pofe Aug... 154.50Vkg -0.50 Nfiia Aug M233.00«/lcg -0.50 KLTla Turnover 70 tonnes -16 Spot M$ 16.2 l/kg +0.14 Cm4t palm dl Turnover 853 lou +262 Aug M$6662/tonne +6
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  • Article
    Record response expected for Indon group's issue
    484 1  -  From Ranjit Gill in JAKARTA PT DHARMALA Sakti Sejahtera (DSS), one of Indonesia's leading financial services groups, is going public with an issue that analysts say is likely to attract a record number of applicants. This is because DSS is pitching its offer,
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  • Article, Illustration
    Apec agrees to open door to China, Taiwan and HK
    535 1  -  Asia-Pacific Economic Cooperation forum By Harish Mehta THE MINISTERIAL meeting erf" the Asia-Pacific Economic Cooperation forum ended yesterday with an agreement to open the door to the three Chinas to join the forum by next year, after the necessary consultations.
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  • Article
    Lock icon Double-digit growth expected for KL
    238 1 AFP MALAYSIA'S economy is expected to extend its doubledigit growth rate into the second quarter but is unlikely to sustain it for the rest of the year because of rising inflation, a Malaysian think-tank said yesterday. The independent Malaysian Institute of Economic Research (MIER) said
    AFP  -  238 words
  • Article
    Sembawang puts up sterling performance
    390 1  -  By Dexter Lee HIGHER profit margins and investment income, coupled with a bigger share of associated companies' earnings, have led Sembawang Shipyard Ltd to turn in a sterling first-half performance. For the six months ended June 30, 1990, Singapore's second-largest shipyard chalked up group after-tax
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  • Article
    Lock icon Beijing not standing in way of HK and Taipei
    126 1 AFP CHINESE Foreign Minister Qfau Qichen indicated yesterday that Chin would not object to Taiwan and Hongkong joining the Asb-Pndfic Economic Cooperation (Apec) gronp. Bat he anid they conld not 4o so on the anme footing nan soveteign state snch as
    AFP  -  126 words
  • Article
    UIC bonus, rights issues get SES nod
    274 1  -  By Lee Han Shih UNITED Industrial Corporation (UIC) has ended two months of speculation by announcing yesterday that it had secured in-principle approval from the Stock Exchange of Singapore (SES) to go ahead with its proposed rights and bonus issues. A company statement
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      259 1 IfW J I < -.M j Singapore Kuala Lumpur Jakarta Bangkok Hong Kong Aircraft Schedule 27 Money Changer Rates 27 World News 9 Commodities 26 Money Market 25 World Stock Markets 24 Cryptic Crossword 27 Regional Nevo 18 Edrfonal 10 Regional Stock Markets 23 For market indices, edrtemi, Financial News
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      Page 1 Advertisements Column 2
      77 1 G K Goh In broking venture with Indon group, Pg 3 More reports, Back Pg The business of law a BT special THE LAW and the legal profession play an important part in shaping business. Law is itself a business, and its practice has implications for Singapore as a major
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      Page 1 Advertisements Column 3
      44 1 fl Gt+faip Of E*a£U*a [nlwiMaiwf SINCE 1888 j Made in WEST GERMANY Sole Agent: H. W. Shelley A Co. (Pte) Ltd. <£l offidab to nX bear*! P*3 AT PLAZA HOTESGAS.SIOUSE FLOORS. I hmhhhihhhhhmhhhhhhhmhhmhhhhhbhbhihhhhhhhhhhhmmhhhhhhb fk I %£*> v Singapore. &Sff &JB At p. f f w|L'
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Construction market likely to stay buoyant
        112 2 THE LOCAL construction market is likely t<s remain buoyant for the next two to three years, said Mr Chow Kok Fong, executive director of Guthrie GTS. Demand for construction exports has also picked up and is expected to reach the $1 billion mark soon.
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      • Article
        Oil firms raise pump prices
        78 2 OIL COMPANIES yesterday announced increases in their pump prices. Singapore Petroleum, Shell and Caltex said a litre of their premium and intermediate grade petrol has been increased by four cents to 1.121 and 1.045 respectively. Esso Singapore's premium grade petrol also costs $1,121 per litre
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      • Article
        Fashions from Hongkong
        47 2 THE LATEST in Hongkong fashion will be presented in Singapore next month. Organised by the Hongkong Trade Development Council and Metro Department stores, it will showcase a variety of men's and ladies' clothes. It will be held at The Mandarin Singapore on September 14.
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      • Article
        National Training Awards
        61 2 THE NATIONAL Training Awards this year will include a new category companies with less than 200 employees which have made impressive efforts to upgrade their staff. The National Training Awards were introduced by the Skills Development Fund in 1988. They are conferred on companies in the manufacturing,
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      • Article
        Savings for the PA
        67 2 THROUGH its expanded computerisation programme, the People's Association will save about $266,000 a year, equivalent to the wages of 14 staff, said Mr Lee Yock Suan, Labour Minister and PA deputy chairman, at the PA's long-service awards yesterday. The second phase of PA's computerisation will cost
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      • Article
        Importance of blood donation
        37 2 A RUGGED society should consider blood donation a worthwhile and important activity, said Mr S Dhanabalan, Minister for National Development. He was speaking during the presentation of awards to champion blood donors yesterday.
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      • Article
        25th Anniversary dinner
        49 2 A 25TH Anniversary celebration dinner will held on August 29, with Prime Minister Lee Kuan Yew as the guest of honour. The dinner at the RafTles City Convention Centre is to acknowledge those who have made significant contributions to the nation in the last 25 years.
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    • Article
      Credit POSB raises housing loan rates
      409 2  -  By Quak Hiang Whai RISING local interest rates have finally caught up with Credit POSB, which has raised its housing loan rates by half a percentage point. Credit POSB, which has the biggest housing loan portfolio among financial institutions here, adjusted its rates across
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    • Article
      Gala dinner and awards for outstanding volunteers
      250 2 AT A GALA dinner last night, individuals and corporations with an outstanding record of charitable work were given a pat on the back. President Wee Kim Wee was on hand to present the Volunteer Month Awards '90. Trans-Island Bus Services (Tibs) walked away
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    • Article
      SBC begins trilogy on past, present and future of S'pore
      263 2 SINGAPORE Broadcasting Corporation last night began airing a trilogy of documentaries which interviews people who are legends in their own time, examines trends and issues that represent history in the making, and gives a brief preview of the future Singapore
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    • Article
      PSC recruited more candidates in 1989
      283 2  -  By William Chia THE PUBLIC Service Commission recruited more candidates last year, aided by service-wide salary increases of between 4 and 7 per cent and a restructuring of many service schemes. In its Annual Report 1989, the PSC noted that the job market remained
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    • Article
      MSD Consultants invites expertise
      210 2 MSD Consultants Pte Ltd, the former management arm of the government, has invited members from both the private and the public sectors to sit on its board of directors and guide it in its mission to become a leading management consultancy firm in Asia. Chairing the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      565 2 ■■■■■■HI:. |H ma ||j||| id^^M The Humming Bird has the fastest wing beat rate of 90 beat} per second. The East African Cheetah at 101 km/Ii is the world's fastest land mammal. A bolt of lightning discharges energy at speeds of up to 140,000 km/sec. The Epson DFX-8000 whizzes at
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      G K Goh sets up broking venture with Indon group
      501 3  -  By Magdalene Ng G K GOH HOLDINGS has become the second broker-age-based firm to set up a full licence stockbroking venture in Jakarta through an agreement with the PT Perusahan Dagang Industri Ometraco, the parent company of the Ometraco group.
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    • Article
      Singmarine registers 49pc increase in after-tax profit
      304 3  -  By Abdul Hadhi BUOYED by market conditions, Singmarine Industries has increased its group aftertax profit by 49.3 per cent to 59.7 million for the sixmonth period ended June 30, 1990. The increase in after-tax profit was achieved on a 14 per cent improvement
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    • Article, Illustration
      Sembawang nominates two officials to FCC board
      282 3  -  By Lim Mui Khi SEMBAWANG SHIPYARD Ltd, which recently bought a 24.9-per cent holding in property-based First Capital Coiporation (FCC), has nominated Ng Pock Too, its group chief executive designate, and Abdul Hamid Ghani Jinnah, director of administration of Sembawang Holdings Pte Ltd,
      282 words
    • Article
      UIS posts 63pc fall in interim profit
      171 3 CLOSED-END investment company United International Securities Ltd (UIS) has posted a 63.4 per cent fall in group after-tax profit to $779,000 for the half-year ended June 30, 1990. The sharp fall in after-tax profit came in spite of a 9.1 per cent rise
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    • Article
      Wing Tai switching focus
      549 3  -  THE HOCK LOCK SIEW COLUMN By Elaine Koh AFTER aggressively building up its property portfolio last year, Wing Tai Holdings has switched its attention to bolstering its garment business in the US and Europe. The garment manufacturer and retailer has been positioning itself over the past
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    • Article
      Hour Glass spends $2m to build new corporate identity
      241 3 UPMARKET watch retailer The Hour Glass has invested $2 million in the development and marketing of a new corporate identity. The Sesdaq-listed company aims to market itself as the ultimate in customer service with the new identity. The money will be
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    • Article
      Lock icon General Corp expects to return to the black
      278 3 Bernama GENERAL Corporation Bhd is confident of returning to the black in the current financial year ending Jan 31, 1991 following the upturn in the construction and property development industries. Chairman Tan Sri Low (Cheng Huat told newsmen after the GCB annual
      Bernama  -  278 words
    • COMPANY BRIEFS
      • Article
        KL Kepong to buy Sabah firm for M$1.1m
        106 3 KUALA LUMPUR Kepong has entered into an agreement to* acquire the entire issued capital of Syarikat Swee Keong (Sabah) Sdn Bhd for MS 1.1 million cash, subject to deduction of all of Swee Keong's outstanding liabilities at at June 30, 1990. The
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      • Article
        Hospital Pantai optimistic
        142 3 HOSPITAL PANTAI Bhd, the owner of the Pantai Medical Centre in Kuala Lumpur, expects its profits to increase substantially by 1992 when facilities under its M$lS million extension programme are fully utilised. Its chairman, Datuk Dr Mahmood Men can, said the extension, which would be 1 completed
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      • Article
        MBA building to cost M$40m
        161 3 MALAYSIA BRITISH Assurance Bhd's proposed 22-storey office building, to be built on a 23,000-sq-ft site at Jalan Ampang in Kuala Lumpur, will cost around Ms4o million, chairman Datuk Abdul Latiff Hussain said. He said after MBA's annual general meeting that work on the building would
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      • Article
        Selprop interim rises to M$2m
        154 3 SELANGOR PROPERTIES Bhd reported an unaudited in- V terim group after-tax profit of Ms 2 million for the first half of 1990, compared with M 51.64 million previously, on turn- over of M$ 18.75 million (M 520.73 million). It attributed the improvement to generally improved
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Alps raises M'sian investment
        106 4 A JAPANESE electronic components manufacturer said in Kuala Lumpur on Monday that it will invest Ms3o million to build a second manufacturing plant next to its existing one in Malaysia. Alps Electric (Malaysia) Sdn Bhd managing director Kanehiro Yamashita said the group was negotiating with the
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      • Article
        Cheuk Nang plans rights issue
        84 4 HONGKONG'S Cheuk Nang Properties (Holdings) Ltd plans to raise HKS2O3 million before expenses through a three-for-one rights issue of at least 172.16 million new shares at HKSI.IB each. The number of rights shares may rise should warrant holders exercise subscription rights before the Aug 20
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      • Article
        Dunlop India export income up
        87 4 TYRE-MAKER Dunlop India Ltd doubled its export earnings and raised domestic sales by 40 per cent in the fiscal year up to March 31, the Press Trust of India (PTI) reported on Monday. The Calcutta-based company's exports increased from US$l3 million a year ago to
        87 words
      • Article
        Acer borrows for Altos bid
        81 4 TAIWAN'S Acer Group said it has signed for an US$BO million 12-month syndicated loan to help it with the acquisition of US-based Altos Computer Systems. Acer, Taiwan's largest personal computer maker, said the loan would be lead-managed by Barclays Bank pic and BA Asia Ltd
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    • Article, Illustration
      Lock icon Bond seeks more time from lenders
      273 4 Reuter BOND CORP Holdings Ltd has asked a group of its lenders for more time to complete the US$l.B billion sale of its Australian breweries. Bond Corp director Peter Lucas said at a news conference yesterday that the company also wanted to extend its
      Reuter  -  273 words
    • Article
      Lock icon Ipoh Garden suspends Aussie project
      440 4 AFP IPOH GARDEN (Australia) Ltd, the Australian arm of listed IGB Corp, has closed indefinitely the giant World Square Complex in Sydney, following a succession of industrial disputes. World Square Pty Ltd has vowed not to resume work on the AS 1.1 billion hotel, shopping
      AFP  -  440 words
    • Article
      Lock icon CSR sells stake in European venture
      175 4 Reuter AUSTRALIAN building materials group CSR has sold for A$ 130 million its 49 per cent stake in its European plasterboard venture to a new company owned 80 per cent by Lafarge Coppee SA of France and 20 per cent by Britain's Redland pic.
      Reuter  -  175 words
    • Article
      Lee Ming Tee completes empire revamp
      465 4 MALAYSIAN-born tycoon Lee Ming Tee has completed the fundamental restructuring of his massive second line empire with the creation of a HKS3OO million investment trading arm, 100 per cent owned by the Hongkonglisted Allied Group. In the first interview he has given for more
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      Page 4 Advertisements Column 1
      73 4 ■11 I WfyoßnoWs witjat l?af)f>ens seductMe creaHons. I > -X~r Tiz'r. H ,y r .-•#*> t w *4 v J*-) r I (-arcl, you and your I I I f! (lunch) or dessert (dinner). pVee. I I ®ff er I I wmvm I HI International* jf FOR RESERVATIONS PLEASE CALL
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      Page 4 Advertisements Column 2
      24 4 EUROPEAN Sales Marketing Facilities in DUBLIN MUN'CM are now available-for Singaporean Exporters. seeking Europoar T.a?kets Qualifying companies are eligible T 10% corporation tax concession.
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Ball Corp spending US$1b on purchases of European stakes
      395 5 NYT THE BALL CORP is spending more than US$l billion to make acquisitions that would nearly triple its sales and make it one of the largest packaging groups in Europe. The Indiana-based maker of packaging and aerospace products said on Monday
      NYT  -  395 words
    • Article
      Lock icon STC to use Fujitsu money for expansion
      468 5 FT UK ELECTRONICS group STC intends to use the £743 million (US$l.35 billion) it is receiving from Fujitsu of Japan for 80 per cent of ICL, its computer subsidiary, to finance expansion in telecommunications, the second main leg of its business. The company
      FT  -  468 words
    • Article
      Lock icon Italian merger draws positive investor response
      294 5 Reuter THE MERGER of chemicals group Montedison SpA with Ferruzzi Agricola SpA drew a favourable reaction from investors, but some analysts say the Ferruzzi agribusiness group's reshuffling is not over yet. "I don't think this will be the last restructuring," said >v Albert Alonzo,
      Reuter  -  294 words
    • Article
      Lock icon Wang expects to be back in the black in 1991
      278 5 FT WANG LABORATORIES, the struggling US office computer manufacturer, which reported a fourth-quarter net loss of U*****.7 million, is expected to return to the black in fiscal 1991, which began on July 1. The group plans about 1,000 job cuts
      FT  -  278 words
    • COMPANY BRIEFS
      • Article
        UAL buyout group close to financing accord
        83 5 A SPOKESMAN for the employee group seeking to buy UAL Corp for US$4.4 billion said in New York on Monday that the {roup is dote to reaching an agreement with suppliers to obtain additional financing Tor the proposed deaL "We are dose to
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      • Article
        Maxwell, union may team up
        95 5 BRITISH PRESS MAGNATE Robert Maxwell said in London on Monday that he could join a mineworkers' union in a bid for state-owned electricity producer PowerGen, due to be privatised early next year. Mr Maxwell said he had been approached by Roy Link, secretary-general of the
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      • Article
        Otis in Soviet joint venture
        93 5 OTIS ELEVATOR CO, a unit of United Technologies Corp, said on Monday that it had signed an agreement with Shcherbinka Lift Plant to form a joint venture in the Soviet Union to make, install and maintain elevator equipment in the Soviet Union using Otis designs,
        93 words
      • Article
        Ferranti rights issue
        63 5 FERRANTI INTERNATIONAL pic's one-for-four £46.8 million rights issue may concentrate power in the hands of existing shareholders and lead to long-term management problems, analysts said in London. Analysts expect the issue will not attract investors other than those who have already fully underwritten the troubled electronics group's
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      • Article
        Ford Brazil staff to end strike
        72 5 WORKERS at Ford Motor Co's Brazilian subsidiary voted to end a 50-day-old strike that had paralysed production, union and company officials said in Rio de Janeiro on Monday night. "The strikers have decided to return to work," said Julio de Grammont, a spokesman for
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      • Article
        Allianz expects steady profit
        80 5 WEST GERMAN INSURER Allianz AG Holding yesterday predicted a rise of over 10 per cent in group 1990 premium income and said 1990 profits were likely to be in line with those reported for 1989. According to the text of a speech to reporters, management board
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      96 5 square Known to be the Thong believes in customer No one offers better service than we because we care. No effort has been spared to customers our exclusive Rolex collection. Within the collection, there are various models of different styles and designs all tastes. We intend make every visit to
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Daewoo to get insurance money
        109 6 SOUTH KOREA'S state-run Export-Import Bank has decided to pay US$2O3 million in insurance money to Daewoo Corp to help cover the company's export loss involving a bankrupt US firm. Bank officials in Seoul said on Sunday that the insurance money, the largest in Korea's export
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      • Article
        The hot favourite
        71 6 WILLIAM DONALDSON, a founder of the securities firm Donaldson, Lufkin and Jenrette Inc, is reportedly the leading candidate to become chairman of the New York Stock Exchange. The current chairman, John Phdan Jr, is retiring at the end of this year after six years at the head
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      • Article
        Offshore assets up
        64 6 THE combined assets of Japan's offshore banking facilities rose one per cent to U*****.6 billion at the end of June from U*****.0 billion at the end of May, the Finance Ministry said. Of the total, assets denominated in foreign currencies at end-June fell 1.3 per cent to
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      • Article
        Higher rates in the offing
        62 6 MOST of Japan's major banks are likely to raise their shortterm lending rates in August, following recent rises in shortterm money market rates, bank officials said. Major banks in Japan are likely to chaige about 7.7 per cent interest on short-term loans to their best
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      • Article, Illustration
        Dollar$ & Non$en$e
        2 6 Dollar$ Non$en$e
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    • Article, Illustration
      Japanese card company sets up Singapore office
      311 6  -  By Quak Hiang Whai LEADING JAPANESE credit card company, JCB International has set up a representative office in Singapore to support and promote its credit card business in the region. And with the growing Japanese influence here, BT understands the company is also
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    • Article
      Lock icon NatWest faces tough second half this year
      496 6 Reuter NATIONAL Westminster Bank pic faces a difficult second half this year, chairman Lord Alexander said. "We expect that conditions will remain difficult during the rest of this year," he said in a statement accompanying the bank's first half results yesterday. Nat West
      Reuter  -  496 words
    • Article
      Lock icon Taiwanese bank to open Tokyo office
      209 6 Reuter THE Taiwanese state-run Chang Hwa Commercial Bank will open a representative office in Tokyo in August, becoming the first Taiwanese bank to establish a presence in Japan in 40 yean, a bank official said. The official said Chang Hwa would set up the
      Reuter  -  209 words
    • Article
      Lock icon Taipei in move to ease credit crunch
      159 6 Reuter THE central bank in Taiwan announced that beginning on Aug 1, it will cut the reserve requirements for local and foreign banks in a move designed to ease Taiwan's credit crunch. An official news release said lower requirements would channel abcut NTSSO
      Reuter  -  159 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      77 6 I' -j%Br%, v k jf 5" USA Foofc from When it comes to fashion accessories, the Focus M attache from Samsonite takes off where your cuff links end. But along with its high-tech European design, Focus is remarkably durable. Which will assure that it'll stay in fashion a long, long
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      Page 6 Advertisements Column 2
      410 6 WTO THE SHAREHOLDERS OF I BOUSTEAD HOLDINGS BERHAD ■RE CONDITIONAL CASH OFFER BY LBMBAGA B TABUNG ANGKATAH TENTERA ("LTAT) FOR SHARES M BOUSTEAD HOLOMQB BERHAD H ("Boustead") H EXTENSION OF OFFER I On-behalf of LTAT, we wish to announce that at the dOse of the H above Offer at 4.30
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  • Page 7 Advertisements
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      1941 7 REGIONAL EXPANSION HOTEL MARCO POLO BRINGS 1252 will head the list of tenants in the mma p| MIAI pH The most striking feature of his design is the cone-shaped atrium, the retail/office complex. I AML PUA\A/tl IUI ICOmef1 COmef foCa P int that Wi S n Sin9aP reanS Say l
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  • THE REGION
    • NOTE BOOK
      • Article
        Thai-Malaysian panel to fix common border
        99 8 THAILAND and Malaysia will form a technical working group to fix the common border along the Kolok River between Narathiwat's Tak Bai District and Kota Barn in Malaysia. The Thai-Malaysian Joint Social and Economic Development Committee met for the sixth time in Bangkok yesterday
        99 words
      • Article
        Indonesian export income up
        115 8 INDONESIA'S export income surged 14.8 per cent in the first quarter of this year to US$5.Bl billion from US$5.O6 billion a year earlier. The Central Bureau of Statistics (CBS) said on Monday that oil and gas export earnings, accounting for 41 per cent of the total,
        115 words
      • Article
        Bid for power plant job
        93 8 MITSUBISHI Corp of Japan and a consortium of Asea Brown Boveri of Sweden and Hopewell Energy Corp of Hongkong have been selected as finalists for an US$BOO million Philippine power plant. The 300 megawatt, coal-fired power project, known as Calaca 111, was solicited on a
        93 words
      • Article
        Call to scrap dam project
        92 8 A GROUP of eleven Chat Thai Party MPs yesterday called on the Thai Prime Minister Chatichai Choonhavan to scrap the controversial Kaeng Krung dam project. The group, led by GenHarn Leelanond asked Chatichai, Chat Thai party leader, to convince the Cabinet to cancel the project
        92 words
      • Article
        Bougainville team's demands
        98 8 BOUGAINVILLE delegation leader Joseph Kabui listed the demands of the secessionists at peace talks with Papua New Guinea's government on Monday. Reports from the HMNZS Endeavour warship located at a secret spot off Bougainville said Kabui had demanded that trade and communications embargoes against the island be
        98 words
      • Article
        EC imposes duty
        95 8 THE European Community has, with immediate effect, imposed a punitive duty of 198-ECtf per tonne on silicon exports from China, which it said were sold in the EC at unfairly low prices. Endorsing the findings of an investigation by the ECs executive commission, the Council of Ministers
        95 words
    • Article, Illustration
      Lock icon New Delhi set to woo foreign investors
      452 8 Reuter THE GOVERNMENT of Prime Minister Vishwanath Pratap Singh is ready to do what used to be unthinkable in India actively promote foreign investment in an attempt to avoid borrowing on harsh terms. Eight months after Mr Singh came to power declaring that
      Reuter  -  452 words
    • Article
      Crop substitution plan for Burma
      428 8 THAILAND, the United Nations and Rangoon have discussed a plan to launch a crop substitution project to reduce opium cultivation in the Burmese Shan State, the Bangkok Post reported. A highly reliable anti-nar-cotics source said Rangoon has already chosen three Shan State villages in Thachilek
      428 words
    • Article
      Lock icon Philippine minister leaves for debt talks
      385 8 Reuter PHILIPPINE President i Corazon Aquino is sending 1 her finance minister and cen- tral bank governor to Washington and Tokyo to seek better debt terms and new funds from creditors, the Central Bank said. Finance secretary Jesus Estanislao and central bank governor Jose
      Reuter  -  385 words
    • Article
      Draft bill set to revamp retirement schemes in HK
      493 8 THOUSANDS of retirement schemes are faced with making a radical change in the way they are run if new regulations governing the industry are accepted by Hongkong's Legislative Council, according to the South China Morning Post. Experts argue that the multi-billion
      493 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      87 8 A Strong 80nd... Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness brings genuine enjoyment a gift the receiver will appreciate. j lam veiy interested in Caran D'Ache corporate gift ideas. Please send me more information. ADA \J 1' A('LI IT
      87 words
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      Page 8 Advertisements Column 2
      20 8 A Challenger Company t i 120 Tanjong Rhu Road #04-00 Khong Quan Building Singapore 1543 Tel: 447 4822 Fax:66-345 5072
      20 words
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  • THE WORLD
    • Article, Illustration
      Lock icon EC stuns trade debate with surprise farm plan
      471 9 Reuter THE European Community has surprised its trading partners with a bid to jump-start stalled world farm trade talks. EC farm commissioner Ray MacSharry on Monday proposed cutting financial support to farmers by 30 per cent over a 10-year period ending in
      Reuter  -  471 words
    • Article
      Lock icon Kohl against higher EC contributions
      316 9 Reuter WEST GERMAN Chancellor Helmut Kohl does not want the European Community (EC) to increase the contributions of member countries to pay for the admission of East Germany, government spokesman Hans Klein said. East Germany will join the 12-nation community as part of an enlarged
      Reuter  -  316 words
    • WORLD WATCH
      • Article
        EC seeks to expand vegetable oil market
        66 9 THE European Community would like to raise its share of the North African vegetable oil market to around 50 per cent from 10 to 15 per cent at present. Jean-Claude Sabin, head of the French oilseeds intervention board, said that the US took
        66 words
      • Article
        E Germans to return assets
        47 9 EAST GERMANY has agreed in principle to return property or land seized by its former communist government to the original Swiss owners or their heirs. A Swiss government official said yesterday that owners will, however, have the choice of taking compensation instead.
        47 words
      • Article
        Iran posts budget surplus
        83 9 IRAN moved to a budget surplus in the second quarter of this year from a deficit a year earlier, with revenue more than doubling over the same period. The Iranian news agency IRNA said yesterday that government revenue rose by 107 per cent to 1.91 trillion
        83 words
      • Article
        Swiss freeze accounts
        59 9 SWISS authorities on Monday froze several bank accounts believed to contain millions of dollars linked to a savings-and-loan fraud in the US. A justice ministry spokeswoman in Bern said the freeze is precautionary pending a Swiss decision on a US request for judicial aid in the case
        59 words
      • Article
        Corporate leverage
        68 9 SHARPLY different trends in the use of leverage by US companies in contrast to foreign firms emerged in a study published in the Federal Reserve Bank of New York's spring quarterly review. Declines in leverage at foreign and among many US corporations with strong cash flow were tied
        68 words
    • Article
      Lock icon Brazil begins debt talks with IMF
      328 9 AP BRAZIL, which last year suspended payment of its US$ll4 billion foreign debt, began repayment negotiations with the International Monetary Fund on Monday. "The IMF is no longer Brazil's boogeyman," said Jono Dauster, Brazil's top debt negotiator. "We have lost our inferiority complex and
      AP  -  328 words
    • Article
      Lock icon Trade accord and reforms set to lift Canadian economy
      394 9 AP A COMBINATION of economic .reforms and a new trade agreement with the United States is expected to boost Canadian economic growth rates and make the country more competitive on world markets, according to a new report by an international trade
      AP  -  394 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      254 9 ■toL fl Hi m w mm am i .Ik gjj ''MMH Rv f B J V 111 I I IB I I 1 I HVH ft L r wjffki m wmmr The more miles you fly United for business, the more free trips we give you for pleasure. Join United's
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  • Article
    On the Cambodian trail
    478 10 EDITORIAL A SEAN's meeting with its dialogue partners in Jakarta last week gave the grouping an opportunity to seek US tion of its policy shift on Cambodia. That clarification resulted in Indonesian Foreign Minister Ali Alatas remarking that Asean and the US shared the same goals
    478 words
  • WHAT THE OTHERS SAY
    • Article
      Singapore doing its share
      215 10 SINGAPORE'S involvement in earthquake relief work in the Philippines and in the Namibian peacekeeping efforts signals the Republic's desire to step up its international role. That should be beneficial. -TTie two expeditions have already provided valuable for the organisations involved. The risk diplomatic embarrassment, on the
      215 words
    • Article
      Another look at streaming
      108 10 IT IS good to know that the Education Ministry is following up on the proposal for more effective streaming through the setting-up of a committee to look into it. This is because some parents still have doubts about the policy and worry about its impact, even
      108 words
    • Article
      Uphold free trade
      108 10 DIVIDING the world into blocs based on the US dollar, the German Deutschemark and yen is preposterous and impractical. Worse, if the division also coincides with race. Free trade is the only system that benefits all. No country has openly quarrelled with the free trade principle, but
      108 words
  • REGIONAL VIEWPOINTS
    • Article
      What price greed?
      168 10 THE cause of Wednesday night's collapse of a factory in Samut Prakam was not hard to spot. The factory had been set up with a construction permit for a two-storey building. Its owner illegally added three more storeys. When the building finally col- lapsed of its own
      168 words
    • Article
      Equal rights please
      152 10 THE Heung Yee Kuk is trying to stop the clock by opposing provisions in the Bill of Rights which will entail the repeal of the male inheritance right traditionally observed in the New Territories. It is not only a piece of legislation which is threatening rural customs;
      152 words
    • Article
      Still stagnant
      209 10 NOTHING very much really came out of the meeting between Asean foreign ministers and the US Secretary of State James Baker during the weekend in Jakarta to resolve the problem of the Indochinese boat people. Differences persist over what to do with those who are deemed to be
      209 words
  • Article, Illustration
    Lock icon Who's the strongest of them all?
    865 10  -  Leonard Silk reports on the different concepts and measurements used to find out which country has the strongest economy in the world Leonard Silk NYT WHICH country has the strongest economy in the world? The question has assumed growing importance at a time when
    NYT  -  865 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      323 10 A lOT AT SHERATON LITTLE THINGS MEAN A lOT AT SHERATON MTTIt THINGS MEAN A lOT AT Z < X m m 9 1 Z t Imagine staying in the best part of Bandar Seri day—a saving of 8566.00 per night or 851,980 z Begawan, right on Jalan Bendahara, in
      323 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      43 10 DOONESBURY BY GARRY TRUDEAU Her.USTBN.B&ORBVOU m AS YOU KNOU, TVB 066N cn-runMT- KIND OF A KIPSI)6 7H£ BtO KNOT, STRAIGHT FOR CHER A PR&OWKN 6RA&BA6. ItTMEIA/AMBVtNG KARNOH/.SOI hMTEP PRJ&S* AFOVMWS l PFBS&rr ONYOU' ICU TO HAVE THIS FOR 0F...QF...UM... MM HAVE W*HONeMm'B*W' SXP/RSV
      43 words
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  • ANALYSIS
    • Article
      Lock icon The rising sun holds East Asia in its thrall
      762 11  -  Japan is expected to become the most important foreign country in East Asia within five years, if the world economy remains stable. Michael Berger reports on now Japanese money is boosting the region's growth Michael Berger NYT PRIME MINISTER Lee Kuan
      NYT  -  762 words
    • Article, Illustration
      Dreams do come true
      1652 11  -  Taking a break from administrative duties is a good time to take stock. For Professor Lim Chong Yah, student of and participant in Singapore's economic development, it is also an opportune time to look back on the nation's past 25 years, and look to the next
      1,652 words
    • Article, Illustration
      Lock icon Opec on the brink of new era
      692 11  -  Nicholas Moore reports on Iraq's attempts to lead Opec into a new phase ana become a cohesive carte' again Nicholas Moore Reuter OPEC is trying to be a real cartel again, aiming to restrict crude oil supplies and make the world pay more
      Reuter  -  692 words
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  • THE LAW PAGE
    • Article, Illustration
      The CPF Act and Islamic Law: a review of the issues involved
      845 12  -  By David Gabriel IN JUNE this year the High Court held that CPF savings did not form part of a deceased member's estate. In the specific case of a Muslim member, the result of this ruling was to
      845 words
    • Article
      Computers give byte to legal advice
      182 12 SOME THINGS are inevitable in our modern world. The computer is one of them and its usage will inevitably grow. There are implications in this for the legal profession. The Economist reports that an American company called Hyatt Legal services has created a bit
      182 words
    • Article
      Bima Investment Pte Ltd v Hong Fok Realty Pte Ltd
      228 12 High Court of Singapore Justice Lai Kew Choi v WHERE the property purchased by the plaintiffs was not substantially the same as that which they contracted to buy, then the plaintiffs are entitled to repudiate the agreement. The repudiation may
      228 words
    • Article
      Asia Polyurethane Mfg Pte v Woon Sow Liong
      218 12 High Court of Singapore Justice Chan Sek Keong ALL covenants in restraint of trade are void unless it is reasonable in the interest of the parties concerned and also reasonable in the public interest. Unless an employer is able to prove an
      218 words
    • Article
      Ho Chun Kow v Public Prosecutor
      208 12 High Court of Singapore, Criminal Revision Justice Chan Sek Keong i THE petitioner, Ho Chun Kow, pleaded guilty to a charge under the Road Traffic Act. He was fined $500 and disqualified from driving for 12 months. He had failed a breathalyser test after
      208 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      864 12 JOIN THE CLUB NOW, AND GET 2 OF OUR VERY EXCLUSIVE CLUB BENEFITS. FREE. 2) A BUSINESS CARD P ItlteKfUltUWUll MS You're the kind of high achiever who f likes to mix business and pleasure. You P may find that your present card doesn't i you the of separating jM
      864 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      161 13 SHHRK fe- .-iB M^^K-* hgflr \JT v im -|j NOW JAS WELCOMES YOJ TO THE LAND OF THE RISING SUN FOUR TIMES A WEEK. SINGAPORE JD232 TOKYO SINGAPORE I MON 10:00 > 15:55 J TUE 11:10 > 18:55 WED 10:00 > 15:55 Good news for all you people travelling to
      161 words
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  • SPORTS
    • SIDE LINES
      • Article
        LeMond pulls out of Dutch races
        128 14 GREG LEMOND, who won his third Tour de France a week ago, has withdrawn from a series of Dutch races because of fatigue said organisers in Roosendaal, Holland, on Monday. A Dutch cyclist on LeMond's French "Z" team, Johan Lammers, called race officials last
        128 words
      • Article
        Hallberg takes lead in Vail
        90 14 PGA TOUR VETERAN Gary Hallberg shot a six-under-par 66 to take a one-shot lead in the opening round of the 14th annual Jerry Ford Invitational golf tournament being played at area courses in Vail, Colorado, on Monday. Hallberg tallied one eagle and five birdies on
        90 words
      • Article
        Youthful squad for Sri Lanka
        82 14 SRI LANKA's cricket selectors, with their eye on the future, have picked a young squad for a one-month tour of England starting on Aug 17. Aravinda de Silva, 24, leads the party with Roshan Mahanama, 23, as his deputy. The Sri Lankans will play six
        82 words
      • Article
        Swimmer breaks record twice
        112 14 ERIC NAMESNIK broke the American record in the 400 m individual medley twice in Austin, Texas, on Monday. The American college swimmer broke the record in a morning preliminary heat in 4:15.78 at the US Swimming Long Course Nationals at the Texas Swimming Centre. The previous
        112 words
      • Article
        High point for Hy
        101 14 CAMBODIAN EMIGRANT Patricia Hy defeated Claudia Chabalgoity of Brazil 6-0, 7-5, 6-0 on Monday in firstround action at the Player's Challenge women's tournament in Montreal. Hy, who .arrived in Canada two years ago, was one of three Canadians to compete in the afternoon draw, but the
        101 words
    • Article, Illustration
      Lock icon Row over animal cruelty
      385 14 AP TWO MEMBERS of the West German show jumping team at the equestrian world championships have been avoiding reporters' questions about their connection in an animal cruelty scandal. German champion Otto Becker said in Stockholm on Monday that he "was not allowed to comment" on the
      AP; AFP picture  -  385 words
    • Article
      Lock icon Yankees boss to step down
      245 14 AFP GEORGE STEINBRENNER has been forced to step down as the controling voice of the New York Yankees by major league baseball commissioner Fay Vincent. Steinbrenner, whose managerial hirings and firings have bordered on the comical during his 18-year reign, was disciplined on Monday by
      AFP  -  245 words
    • Article
      Lock icon Fromberg cruises to easy victory
      153 14 AP FIFTH-SEEDED Richard Fromberg combined crosscourt shots and sharp-angled returns to sweep qualifier Jeff Chiang, 6-1, 6-3, in the first round of the US$2OO,OOO US Pro Tennis Championships in Brookline, Massachussetts, on Monday. Fromberg needed 47 minutes to advance into the second round. Following a
      AP  -  153 words
    • Article
      Hot time for Formula Shell rally entrants
      284 14  -  ty Cassandra How THE 11TH Formula Shell Economy Rally over the weekend was like a mini grand prix for the participants. The heat did not come from the friction of screeching tyres or intense competition but from the sauna-like conditions the competitors had
      284 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      112 14 Ik m m J At The Westin Plaza, EE 5 sT 1 <RU,h p Wtm w,,h ,ht M Did that fax go off last night? Jiligapui c Executwe Centre: TYes Ma am we onlv employ Yes-Men. Is the conference room set up for tomorrow's meeting? J MT J Conitntufn Services:
      112 words
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      Page 14 Advertisements Column 2
      618 14 REPUBLIC NATIONAL BANK OF NEW YORK A SUBSIDIARY OF REPUBLIC NEW YORK CORPORATION Consolidated Statements of Condition "X June 30, Liabilities and Juneao, j Assets 1990 1989 Stockholder's Equity 1990 1989 (Dollars in Thousands) Cash and due from banks 286.040 267,228 Non-interest bearing deposits: nnn In domestic offices 684,264 669,079
      618 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      185 15 Every year, companies that train their employees stand to win Singapore's most prestigious awards in human resource development. •it -<■ v.j > >v>*;' '"*•*'vt l '-M v- .4-1 The National Training Awards are the categories given by the Skills Development Fund (SDF) mr The National Training Awards will honour to
      185 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      251 16 WHERE TO WINE, PINE AND ENTERTAIN.;. WHERE TO WINE, PINE AND ENTERTAIN... WHERE TO WINE, PINE... "ISome like it hot. The Szcchuan Court is proud to pment the return of The Xi'an Master Chefs from The Golden Flower Hotel of Xi'an. With skills a* Irtrrndanr as the great historical city
      251 words
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      Page 16 Advertisements Column 2
      264 16 Happy 25th All OUTLETS Vanda Cocktail $9.50** PETE S PLACE 25th Anniversary Cake lkg $28.00*. I.skg $42.00* 25th Anniversary Pizza 25 Ingredients $13.90** PLUM'S Singapore Dinner Buffet August Ist-12th only Adult $24.00** Child 16.00** Singaporean High lea 2.30pm 5.30pm $14.50** *Phu 4% govt lax •*Plu» 10% aarvsc* charge &4% govt
      264 words
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      Page 16 Advertisements Column 3
      197 16 */fcZ3C-— Sky Gardei PoeteWe Dally: 6.30 10.30 pm Adult: $12.50 Child: $8 f •Complimentary birthday cake for a Plaza Hotel minimum often Please make ooat *t immmn reservations 4 days In advance. ft-** »«»i omw :>hini Amidst elegant setting, dine on a r-aP ff- wide variety of local and Interna-
      197 words
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      Page 16 Advertisements Column 4
      353 16 Say cheese to— < SWISS I The Swiss have such wonderful ways with cheese. Savour thrm and more at The Belvedere's Swiss Buffet this month. p, SWISS BUFFET LUNCH 4 August 1 31, Noon 2.30 pm > Adult: $36++, Child below 10: $18*4- 4 K We serve the world to
      353 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      420 16 TELEVISION AND RADIO 11 fI Vl J Bumblelion andlhe Terrified SJO Caolc Strip. OUCtMCQQ nM BArun Three kooky sisters s esse isS— ggg Faith. 730 (M) 7 j§ CaMa Not* IMmvL News HESnSS ?s m s«s^ h L|jf a ,S? iS^F"' 0 a p 10 a player on the .ntematronal
      420 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon Race to re-create Robin Hood
      929 17  -  Hollywood believes the time is ripe to introduce a whole new generation to the hero of Sherwood Forest. Larry Rohter reports Larry Rohter NYT Hungry for material for its stars, Hollywood has decided to revive the legend of Robin Hood. No fewer than three different
      NYT  -  929 words
    • Article, Illustration
      Jill Esmond, Olivier's first wife, dies aged 82
      713 17 JILL ESMOND, the film and stage actress and first of the late actor Sir Laurence Olivier's three wives, died last Saturday at age 82, her family announced in London on Monday. She died at her home at Wimbledon in south-west London. No
      713 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      263 17 ...AND ENTERTAIN l 1 A Yen For Fresh Japanese Food. I LUNCH: 12 NOON I TO 2.15PM DINNER: 4.30PM TO 10.15PM. PRICES SUBJECT TO 10* SERVICE 4 CHARGE AND 4% CESS. Unkai flies in fresh ingredients daily from Japan. To give you nothing less than the freshest of sushi, sashimi,
      263 words
    • Advertisement
      Page 17 Advertisements Column 2
      97 17 1 KNOW THE NEWS CONTEST LANVIN f PARIS Designed for active lifestyles. Model ***** creates a sporty yet fashionable vC-' statement for ladies and men. The innovative interplay of colours and graphics adds an interesting dimension to the face. The distinctive Lanvin name is engraved on the ruthenium plated casing
      97 words
    • Advertisement
      Page 17 Advertisements Column 3
      48 17 THE €luis Chinese cuisine, best of Thai. A f JKMF Over 120 mouthwatering specialities and an array of irresist i He Thai TIBISt^LYI "r 563 Orchard Road 101 Thornton Road J #01-16 Forum Gaflaria #61 -55 United Squard Stngapore 0923 Stngapore 1130 Tel: 732 5668 Tal: 252 5830
      48 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      OTC stocks continue to dominate trading
      906 18  -  By Magdalene Ng MALAYSIAN STOCKS on Singapore's over-the-counter market dominated trading yesterday, reflecting the buoyant bourse in Kuala Lumpur. Altogether, these counters accounted for more than 70 per cent of the deals done on the Singapore stock market for the second trading session this
      906 words
    • Article
      Untitled
      3542 18 s f! Gr't Gr'» 1 1990 Td Last Vol Day last Quote Di* Div YTd Net M Cap High Low Code Company Sale +or- (WO) High Low Bayer Seller Or P/E Sail 4 HPMSTMAL COMMERCIAL ,"j?j 191 t 1000 Acma 269 unch 283 271 269 269 270 164.9 290 165
      3,542 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4297 19 Main Board SIA 200 1450 +40 +2.8% SIA 1450 +20 +1.4% ICS 520 20 4 0% H Negara 490 20 4.3% Alex Hldgs 50* 250 +15 6.4% DBS Foreign 1420 +10 +0.7% UOB 690 +10 +1.5% Semb Maritime 436 +8 +1.9% DBS Land 320 +8
    4,297 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      76 20 P*t« Year Group Nat Nat aarnlngs Grass **< 0» aaa ta profit/lass (L) par skara dtvMaftd 59 a, C000) (cants) Jul 27 Mar 90 18.309p(20.925p) 94 2(107 2) 30(30 8) Qte Scmbawang Jul 5 Mar 90 56 1 (28.3a) 35n(15a) *H*<m HMgs Jul 4 Mar 90 $8,006(110.219) 14
      76 words
    • Article
      PRELIMINARY RESULTS
      99 20 mT CMfMy Oat* Year Group pre-tax Nat earnings Grot* 9t t aan ta profit/loss (L) par shara dividend (I*- (000) (cents) t Jnter Pacific Jul 30 Ape 90 M$100,038( *41,133) 7 0(2 8a) 10(6a) v Mpa Corpn Jul 27 Apr 90 MJ101.209(J70,023) 8.0(9.1a) 12(7.7a) (Uruntmt Cofpn lul 26
      99 words
    • Article
      INTERIM RESULTS
      199 20 Company Date Half-year Group pre-tax Interim ann to proflt/lMS (L) dividend (*000) s Keppel Finance Jul 31 Jun 90 $2,344($1,420) -rjtoaers Jul 31 Jun 90 15,683(15,281) BMt Sh*P J«l 27 Jun 90 J30.889(J23,403) 10(-) Jul 27 Apr 90 MJ3.064l($l,519l) STWr Jul 27 Jun 90 *#30,066(120.202) 2.5(3) IJ1> iHl
      199 words
    • Article
      CORPORATE DEVELOPMENTS
      905 20 irf* lifclliU Oxygen Ik said its wholly-owned subsidiary Swee Lam Estates (M) Sdn Bhd ha* entered into a conditional agreement for the sale of approximately 420 acres of estate land to Advance Step Sdn Bhd, a subsidiary of Taiyo Co Ltd, Japan, for M£s.4m. biter-Pacific Mistrial Group Bhd
      905 words
    • Article
      DIVIDENDS ANNOUNCED
      451 20 Currant Ex Baalu Date Total tor Tatel far payment date ctesa payabto tea yaar last yaar Mn HUp 6% Aug 28 Sep 7 Sep 26 6% 6% MNB 10% Sep 21 Oct 5 Nov 1 10* 7.51(a) MffF 2 75sen Jun 20 Jul 5 Aug 15 2 75sen
      451 words
    • Article
      RESULTS DUE
      630 20 Singapore Stocks Last FnB Yaar ConpaiT Nned Date fm IW EPS toes Nat mmatced nfcj (cab) pre* last rwr (WOO) Leeng feat Wenm Mar 30 Dec 89 5351(h) EMS Wenm Apr 26 Jul 90 9.3(a) 2.311(a) 4.747 Tat La* Ffance Ft* Jun 1 Dec 89 12 3 8.0
      630 words
    • Article
      APPROVED ISSUES
      225 20 Company Rights but a Corpr One-tw three ft MSI 60 per share (*****m 1% Convert** Unsecured Loan Stock ot MSI 00 nonunal v*e to be issued on the basis of 1 CHS tor every oght shares held Ex-date: ton 6 Books dose ton 20 Acceptance t Payment Ami
      225 words
    • Article
      BONDS, LOANS & WARRANTS
      646 20 BONDS, LOANS WARRANTS C4C Ht Before 26/4/93 1 warrant plus $3 09 cart Cmwi; laa C-wi; III 2/10/89 to 20/10/94 1 warrant plus SI cart or 1 warrant pta $1 nowul vnMnt of koifi Thy* Qm tk» Mm Chan Mp III March 87 to 31/12/91 1.55 warrants pta >1.55 cart.
      646 words
    • Article
      PROPOSED ISSUES
      538 20 Company Rights Issue Ciustwiy kw reduction sdwnc to reduce par value of shares from £1.00 to JO 60; R«hts mm of 3:2 SO GO per share CMA One-tor one M$4 00 per share. Every tour nghts shares would be issued with one TSft EMS One-tor two $175 with
      538 words
    • Article
      COMPANY MEETINGS
      243 20 United hduW Corporation Ltd: EGM at Shangrka Hotel, Orchid Room, Orange Grove Road, Singapore 102S on Friday, August 3, at 9am. Gokton Hope Plantations Bhd: 14th AGM at the Sarawak Room, Basement 2, Shangrka Hotel, 11 Jalan Sultan Ismail, ***** Kuala Lumpur, on Wednesday, August 8, at 11.30
      243 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      429 20 NOTICES SEMBAWANG SHIPYARD LIMITED (Incorporated in the Republic of Singapore) INTERIM RESULTS 1990 The Directors of Sembawang Shipyard Limited announce the unaudited results of the Company and the Group for the half year ended 30 June 1990 as follows COMPANY GROUP 1990 1989 1990 1989 srooo svooo svooo ssooo Revenue
      429 words
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      Page 20 Advertisements Column 2
      297 20 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF OIL CRAFT EQUIPMENT PTE LTD (In Members' Voluntary Liquidation) NOTICE IS HEREBY GIVEN that pursuant to Section 308 ol the Companies Act. Cap. 50 a final meeting of the members of the abovenamed company will be
      297 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends firmer in active trading
      838 21 Bernama SHARE PRICES on the Kuala Lumpur Slock Exchange moved higher yesterday in very active trading but ended off the day's highs as profit-taking shaved earlier gains. The KLSE Composite Index rose 0.98 of a point to 630.29 after touching 632.33 in the morning
      Bernama  -  838 words
    • Article
      Untitled
      2847 21 vm L-t vei Of Net cm U» I j s* W Ln n INDUSTRIALS 336 309 ABB SO* 239 2 164 242 237 28.1 243.2 633 376 ASM 30* 333 3 39 333 333 38.2 2194.4 306 230 Ajinomoto 273 24.3 S4.I 211 140 Alcoa 190 3 334 200 116
      2,847 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      374 21 UMttMHvina Iniliiffivlaf I lanSAafll Mngmonnß inousuißS uiniieo (Incorporated in the Republic of Singapore) The Directors of Singmarine Industries Limited advise the following unaudited results of the Company and the Group for the six months] ended 30 June 1990: COMPANY GROUP 1990 1969 1990 1989 $'000 $'000 $'000 $'000 Turnover 78,948
      374 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Market ends 7-day losing streak with sharp gains
      2252 22 Reuter TOKYO SHARES closed sharply higher yesterday after falling for seven straight sessions, on index-linked buying aided by a firmer yen and bond prices, brokers said. The Nikkei Average rose above the 31,000-point level after falling below it on Friday. Individual' buying
      Reuter  -  2,252 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Shares drift lower on lack of buying support
      2412 22 Reuter DESULTORY late buying yesterday helped Hongkong stocks end only marginally lower in another lacklustre day spent digesting the rapid gains of the past couple of months. A lack of buying interest rather than a slew of sell-orders allowed the Hang Seng
      Reuter  -  2,412 words
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  • REGIONAL STOCK MARKETS
    • Aussie shares rise on arbitrage buying
      • Article
        AUSTRALIA
        998 23 THE AUSTRALIAN sharemarket finished firmer yesterday mainly due to futures-driven arbitrage and a surge on the Tokyo market. Brokers said the physical market had been drifting down on low volume before the September Share Price Index futures contract surged to a 50-point premium. The All Ordinaries Index ended just
        998 words
      • Article
        BANGKOK
        677 23 THAI STOCKS slipped across the board in nervous trade on continuing political uncertainty and speculation over an imminent cabinet reshuffle. The SET Index fell 11.12 points to dose at 1,115.73. Turnover stood at 51.872 million shares valued at 3.88 billion baht. Declines led advances 115 to 35. Most actively
        677 words
      • Article
        Untitled
        91 23 Cloac Pliifca Jwty 31 SYDNEY AH Ordinaries Index 1,5717 1,563.9 +8.8 AU Industrials Index 2,423.0 2,409.2 13.8 v All Resources Index 920.6 91S.3 +5.1 Turnover (million) 67.31 80.03 -12.72 BANGKOK SET Index I.I 15.73 1,126.15 -11.12 Turnover (nearest *000) 51,872 50,041 1,831 MKAflTA Composite Index 614.41 619.66 -5.25 Turnover (nearest
        91 words
      • Article
        JAKARTA
        543 23 PRICES on the Jakarta Stock Exchange continued to fall yesterday, bringing the composite index down 5.25 points to 614.41. Turnover dropped to 2.32 million shares from Monday's 2.71 million. Nickel producer Inco again dominated the regular market at 167,500 shares. It closed 150 rupiah lower at 7,900 yesterday. The
        543 words
      • Article
        MANILA
        482 23 MANILA share prices moved sideways yesterday as buyers held back over fears of an oil price hike and the deregulation of the gas industry by October. The Manila Stock Exchange Composite Index closed at 936.02, down just 0.61 of a point from Monday's 936.63. "There is some concern about
        482 words
      • Article
        NEW ZEALAND
        388 23 NEW ZEALAND shares followed Wall Street's lead to end higher yesterday, but brokers see flatness with a downside bias in the short term. The Barclays Index closed 18.31 points higher at 1,816.67 on turnover of 9.55 million shares, worth NZ513.45 million. Baden Carter of Ord O'Connor Grieve said
        388 words
      • Article
        Untitled
        336 23 Ia local camacy la SS la USI toy year day year day year Jaly 30 ladex cha—e ch—g* Out chaay ehaay chaay World 418.1 -0.4 -10.1 -0.5 -13.3 -0.1 -9.1 1EAFE 578.2 -0.8 -15.1 -0.3 -17.4 0.1 -13.3 Europe 447.5 -0.5 -0.7 -0.5 3.7 -0.1 8.8 965.5 -1.0 -23.8 -0.2
        336 words
      • Article
        SEOUL
        780 23 SEOUL STOCKS rose in thin trading yesterday as the market stabilisation fund intervened and as some investors bought on bargain-hunting, brokers said. The Composite Index closed at 678.38, up 4.58 points from the previous session. Turnover picked up but remained low at 65.4 billion won against 33.1 billion on
        780 words
      • Article
        TAIPEI
        375 23 TAIWAN stocks finished mixed yesterday after cautious investors backed out of an early rally, pulling the index afl early highs. The Weighted Index roac£> 20.82 points or 0.4 per qpnt to fiaiafca* »> 5,618.21 compared with Mon 5,597.39 close. Turnover rose td"* A NTSB9.4 billion from NT$B7.5 biltidL*"' Dealers
        375 words
      • Article
        BOMBAY
        88 23 BOMBAY share prices soared on Mda**c day as the market opened after weekend to a flurry of speculative ing. State-owned investment stuped in to cool the overheated ket but the exchange indices all-time highs. ;25jjg The BSE Index soared 65.80 pofiteU to 1,098.95. It opened at 1,064.22 an hit
        88 words
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  • WORLD STOCK MARKETS
    • Eleventh-hour buying sends Dow higher
      • Article, Illustration
        NEW YORK
        1142 24 BUYING spree in oil and futility shares, along with some futureselated buy programs, sent US blue rhjn* racing higher at the close on Mon"djfy, erasing earlier moderate losses. "Owns in US bond prices also encouraged stocks in late action, analysts said. 1 J The Dow Jones Industrial Average
        1,142 words
      • Article
        AMSTERDAM
        235 24 DUTCH SHARES were up at mid-ses-sion yesterday but off their morning highs as stocks recovered after dosing the previous three sessions lower. At 1140 GMT the CBS All-Share Trend Index was up 0.5 points at 119.2, having earlier touched 119.5. Oil group Royal Dutch was 1.40 guilders higher at
        235 words
      • Article
        FRANKFURT
        191 24 WEST GERMAN shares ended generally higher yesterday, buoyed as trade picked up during the bourse session and some foreign buyers entered the market. Dealers said positive factors such as a strong mark and good market reception of the Bonn government's latest bund largely overcame negative influences such as month-end
        191 words
      • Article
        MILAN
        184 24 A BUYING wave focused on the Fiat group yesterday lifted Italian shares sharply higher at the opening in active trading on monthly settlement day. The MIB Index was up 0.9 per cent higher at 0930 GMT. Brokers said the rebound on most foreign markets hdped sentiment following Monday's losses.
        184 words
      • Article, Illustration
        LONDON
        869 24 A RALLY on Wall Street overnight taken up by the Tokyo market early in the day hdped London shares register strong gains yesterday morning. But the market was well off its best levels shortly after noon following a depressing business confidence survey from Britain's captains of industry, the Confederation
        869 words
      • Article
        Untitled
        84 24 July 30 Close Prrrtons NEW YORK Dow Jones 2,917.33 2,898.51 +11.82 NYSE Financial 139.50 139.70 -0.20 SAP 500 355.55 353.44 2.11 Turnover (million) 146.47 149.00 -2.53 LONDON Financial Times 30 1,838.1 1,842.1 -4.0 FTSE 100 2,316.5 2,330.1 -13.6 Turnover (million) 341.7 344.7 -3.0 AMSTERDAM CBS General 197.7 198.1 -0.4 Stock
        84 words
      • Article
        PARIS
        141 24 FRENCH share prices yesterday drifted aimlessly in a morning session which produced no factors of significance to breathe life into the market Even the New York opening later on, in recent days the only event to give any direction, was unlikely to trigger much activity, brokers said. The CAC-40
        141 words
      • Article
        ZURICH
        267 24 SWISS SHARES traded firmer at midsession in thin volume yesterday. Dealers said stronger foreign bourses supported sentiment while banks and insurers were profiting from slightly easier Eurofranc rates. The SMI Index of leading shares rose 19.3 points to 1,763.4 and the all-share SPI Index finned 9.1 points to 1,177.8.
        267 words
      • Article
        BRUSSELS
        131 24 BELGIAN shares, ignoring the gains on Wall Street and in Frankfurt started mixed in thin volume yesterday. The summer holiday period and month-end investor caution kept trading to a minimum. "There's no real foreign interest in the market either, with the exception of one or two stocks," said one
        131 words
      • Article
        JOHANNESBURG
        409 24 GOLD SHARES in Johannesburg were only slightly firmer in thin midday trading yesterday as a stronger financial rand negated much of the benefit of a rally in the bullion price to above US$37l an ounce. The restricted foreign investment currency firmed Anther to around 3.84/87 per dollar from Monday's
        409 words
      • Article
        TORONTO
        273 24 TORONTO stocks closed flat on Mooday after lazily following a strong comeback from early losses on Wall Street Media shares were weakened by low second quarter earnings. Transport shares slid while finning oil and gas shares took a cue from the US. The Composite Index lost 1.18 points to
        273 words
      • Article
        Untitled
        108 24 "Other markets in Europe, South Africa and Canada MOCKJKMfll n*<y 30 Kroaor S Alfa Laval B Free 275 -3 Asea B Free 'Astra Free 560 -10 i*Atl» Copco 325 -5 tncisson B Free 1308 +8 -Esab Free 300 -40 —S. E. Banken 89 +1 ~Sandvik B Free. 350 unch ..Skandia
        108 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Greenback eases further in early European trading
      613 25 THE US dollar yesterday eased further in fairly active trading in the European morning, hovering around 1.60 marks, near a 3tt-year low. Dealers said selling against the yen helped push the US unit down in early European trade yesterday. The market expected the
      613 words
    • Article
      Quotation of Singapore Government Stocks as at July 31, 1990
      330 25 Number Indicative Qrom Ymt Coupon Amount Irrtf—< of days of n tdd !T^ rtc# rodampHon mtur „£d <*"> M""" 1 accniod yMd (%p.) W Infra* 22J <%£) lrn9fV9l/ 1.9.90 N*****1Z1968 51/8# 450.00 1/3 1/9 152 100.10 3.89# 1.12.90 Loan *****
      330 words
    • Article
      INTERBANK FOREX RATES
      387 25 Cross rates Juiy3i USS SS MS Dm Yen SFr At NZS USS LSI 13 2.7000 1.6035 147.40 0.5403 1.3580 1.2634 1.6906 SS 0.5520 1.4905 0.8852 0.8137 0.2984 0.7497 0.6974 0.9333 MS ***** 67.09 0.5939 ***** 0.2002 0.5<fe0 0.4679 0.6262 Dm 0.6236 1.1297 1.6838 91.92 0.3371 0.8469 0.7879
      387 words
    • Article
      MONEY MARKET
      558 25 Interbank rates Btd Offer Overnight 1/2 I 1-month 7 1/16 7 3/16 2-month 7 1/16 7 3/16 3-month 7 3/16 7 *16 Overnight mode: 6-3/8 US* Bid Oder 7 days 7 IS/16 8 1/16 1 month 7 7/8 8 2 months 7 7/8 8 3 months 7 13/16
      558 words
    • Article
      Lock icon Moscow plans new exchange rate
      287 25 Reuter THE Soviet Union is considering a new exchange rate for the rouble for foreign trade, the head of the Soviet State bank said on Monday. Without saying a devaluation was on the cards, Gosbank chairman Viktor Gerashchenko said the current official rate reflected "the
      Reuter  -  287 words
    • Article
      FINANCIAL FUTURES
      1579 25 Open High Low Sett Est Vol Op/lnt Vol Sep 90 92.09 9113 92.09 9112 7298 ***** 2138 Dec 90 9119 9124 9119 9121 ***** ***** 5776 Mar 91 92.21 9126 92.21 9123 3428 4212 1359 Jun 91 92.04 9111 9104 9101 829 730 843 Sep 91 91.91 91.92
      1,579 words
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  • COMMODITIES
    • Article
      Coffee prices expected to remain depressed
      418 26  -  By Shoeb Kagda (TOFFEE prices, now at possibly their lowest level ever, are expected to remain depressed in the short term with a slight improvement possible in September. Prices, say some local traders, will improve somewhat with the start of the winter season in
      418 words
    • Article
      Lock icon Malaysia needs to conserve oil reserves, says economist
      294 26 Bernama MALAYSIA should take steps to conserve its oil reserves now that the Organisation of Petroleum Exporting Countries (Opec) has raised the official price of crude oil in the international market, an economist has said. Fong Chan Onn, dean of the faculty
      Bernama  -  294 words
    • Article
      Tin price goes up to M$16.21 in KL
      840 26 REPORTS THE price of tin rose another 14 sen to MS 16.21 per kg on the Kuala Lumpur Tin Market (KLTM) on good buying support and sellers' reserve. "Reports that many mines in the Far East and in Europe have been closed
      840 words
  • Article
    PRICES
    1317 26 Rubber juiy3i S centi/Vi Noon Cloae Int I RSS Prompt I53.00/I54.00N 153. SO/154. SON Int I RSS Aug 90 154.00*154.50 154.50/155.00N Int I RSS Sep 154.50/155.00 154.7V155.2SN lot 2 RSS OP I52.00/IS4.00N I52.00/I54.00N Int 3 RSS OP 147.50/149. SON I47.50/I49.50N Int 4 RSS OP 143.50/I45.50N 143.50/145.SON Int 5 RSS
    1,317 words
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      800 26 NOTICES CHUAN HUP HOLDINGS LIMITED 5577,254,750 Unsecured Floating Rate Notes due 1994 with transferable subscription rights to subscribe for new ordinary shares of $1 each in the Capital of Chuan Hup Holdings Limited Pursuant to Condition 3(e) of the Conditions of the Notes, notice is hereby given that for die
      800 words
    • Advertisement
      Page 26 Advertisements Column 2
      331 26 ■i aetf detached factories. Built-in areas (approx): 4,530 sq.ft. to 9,800 sq.ft. Land area (approx): 4,800 sq.ft. to 39,200 sq.ft. FREEHOLD Attractively priced from M5300,06q/- onwards. Please call Singapore Sole Marketing Agent: 'in W6 MATTER 6P the COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF R. ROCKMORE CONSULTING SERVICES
      331 words
    • Advertisement
      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stoek market. Every Saturday in Business Times.
      15 words
Page thumbnail Page 27
  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1019 27 Ctty Fl«* ro Fh* no AMlOMht GA895 1235 MaMMa QF7 2035 SQ227 2250 Mlllirliai GA895 1235 KL814 1720 KL813 1455 SQ24 2200 QF015 2230 MM TE2S 1800 TE28 1920 SQ388 2025 ■■Mar Sari BM21 U05 SQ182 0915 ■HMM SQ181 1410 BI422 1205 BI429 2030 B1430 2125
      1,019 words
    • Article, Illustration
      Bargain paradise for everybody
      580 27  -  POSTCARD FROM HONGKONG By Peter Lim HONGKONG'S largest flea market attracts not only lowincome residents and tourists, but bugs of all sorts in search of cheap clothing, electronic components and curios. Centred on Apliu Street in the densely-populated Sham Shui Po district, the market offers an
      580 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm yesterday: Local dollars to one unit of foreign currency Currencies Bid Offer Australian dollar 1.4230 1.4430 Canadian dollar 1.3330 1.3730 NZ dollar 1.0580 1.0880 Sterling pound 3.330 3.3300 US dollar 1.8063 1.8163 Local ioOan to 100 units of foreign currency Austrian schilling 13.70 16.70
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      79 27 Duration Title Venue Organiser Td Duration Title Venue Oguuaer Id •> i Aug 1-2 New Trends In The Hilton Hotel AIC *****98 Sep 10-16 International Spain Fare V423.3l.Ol < Hottf Retort Jakarta Conference TV, Sound and De Barcetooe ;V{ Aug 2-3 Marketing Ming Court Malaysian 03-*****39 hTIIIlIk^
      79 words
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      38 27 -A^ r w" 1 V f W 1 buNiiUA> person *.h«»ut c\cr\ g \I J J I M hnrMl.i\. sittinlr. jml Vind.n. len H »n^? 1.1 )\\y JIN 1 l:;; \:in M Iks -itA i i; Air Canada
      38 words
    • Advertisement
      Page 27 Advertisements Column 2
      226 27 AT SHERATON LITTLE THINGS MEAN A LOT AT SHE lATON LITTLE THINGS MEAN A LOT •AT SHEIATON LITTLE 1 < I Z i a 2 -V > -Ji z z < > -<S1» X m <« H «1 W fl %i\ A*- FjHgL ■Kmih In.ylHlL I HtSL-J^^H I^HHMHI^^aHnSi^NRHWHHH > z
      226 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      192 27 9 Love affair after class practice in a mixed school IhJ —Lm —LhJ 25 Is Poe to conjure up an elemental form? (7) 6 When I sent letters out, it 23 Newspaper man is in posi--26 Introductions enable for- hit the headlines! (2,3,4) tion (5) mer soldiers to get recipro-
      192 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      202 27 Singapore Outlook: Fair Report Max temp. 3IXFC Assoc humidity 62% Min temp 25.5 Assoc humidity 93% Hrs of sunshine. 3.55 Rainfall in mm Trace Rainfall this mth 123.9 Rainy days this mth II World forecast Asia-Pacific Hi/Lo* Cood. Auckland 16/11 Fair Bangkok 33/27 Showers Beijing 33/24 Cloudy Brunei 32/23 Showers
      202 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      18 27 11> suppose, vou fige >n j \sc«OOU DWICKS.... J -too VOUNG TOsurpq?)y— c fVENMO STAMOAM) CO. LTD, «1»
      18 words
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  • Article
    Ministers to review negotiating positions on Uruguay Round
    453 28  -  Asia-Pacific Economic Cooperation forum By Kenneth James THE ASIA-PACIFIC Economic Cooperation (Apec) ministerial meeting ended yesterday with each minister agreeing to conduct an urgent review of all negotiating positions in the Uruguay Round of trade discussions, in the light of the poor
    453 words
  • Article, Illustration
    Mosbacher sees no split over statements on Gatt talks
    326 28  -  By Harish Mehta US SECRETARY of Commerce Robert Mosbacher yesterday said that there is no split within Apec over the wording of two key* statements on global trade liberalisation talks. Some Apec delegates said that a statement issued by Asean during
    326 words
  • Article
    US, Japan offer educational programmes
    275 28 APECs work projects were given a boost yesterday by offers from the US and Japan to initiate higher education and business management and technology transfer programmes involving the A pec countries. US Secretary of State James Baker announced an American initiative "to enhance educational links
    275 words
  • Article
    Lock icon Paper sees major Japanese role in European economy
    277 28 AFP JAPAN is set to play a major role in the European economy as mutual dependence between the two areas grows, an editorial in the influential Japanese daily Asahi Shimbum said yesterday. It cited Monday's acquisition by Fujitsu Ltd of an 80
    AFP  -  277 words
  • Article
    Lock icon Thailand's overseas investments soar
    113 28 AFP THAI INVESTMENTS abroad during the first seven months of this year soared 254 per cent over the amount for all of 1989, a Bank of Thailand official said yesterday. Most of the investments were concentrated in the US. A total of 27 Thai companies with
    AFP  -  113 words
  • Article, Illustration
    Lock icon Maintainer in venture to make block boards
    325 28  -  SMA mission to Terengganu Frwn Shoeb Kagda In TERENGGANU TO CAPITALISE on the worldwide demand for knock-down furniture parts, Maintainer Singapore is tying up with a Terengganu company to manufacture block boards. The joint venture, which is still to be finalised, will be
    Picture by Aziz Hussin  -  325 words
  • Article
    Lock icon Fourteen Japanese securities houses fined, say reports
    264 28 Reuter TOKYO tax authorities yesterday told 14 Japanese securities houses, including Yamaichi Securities, to pay a total of eight billion yen (U5554.2 million) in taxes and penalties for falsifying tax returns, said local media reports. A spokesman for the Tokyo Regional Taxation Bureau
    Reuter  -  264 words
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      230 28 _c&_ Baume Mercier GENEVE 1830 &tOF@ Engineering Export Promotion Council (India) WE HAVE MOVEDTO 10 Anson Road #23-02 International Plaza Singapore 0207 Tel: *****82/83 Fax: *****84 Tlx: RS ***** EEPC Cable: "OCEANBORNE" Specifications Length Overal 71' 21.82 Metre Engine -2 x M.T.U. 12 VIB3 TE92 at 1,000 HP Beam Overall
      230 words
    • Advertisement
      Page 28 Advertisements Column 2
      3 28 Analysis, Pg 11
      3 words
    • Advertisement
      Page 28 Advertisements Column 3
      97 28 JIL i Baume Mercier GENEVE 1830 m Dine at Pleasure, Drink in Leisure Spice Garden. Touching your heart in every way. Spice Garden has long been famous for its exuberant Hunan cuisine and luscious Cantonese seafood cuisine. Now, in the same distinctive culinary tradition, Spice Garden will once again touch
      97 words
Page thumbnail Page 29
  • Shipping Times
    • Article
      Pelni launches its first regional service
      358 29  -  By Rahita Elias PT PELAYARAN Nasional Indonesia (Pelni) is venturing out of its domestic market with the launch of its first regional service between Indonesia and Bangkok, arriving in Singapore on Aug 3. Pelni, Indonesia's leading inter-island and coastal shipping company, is also close
      358 words
    • Article
      Hamburg-Sud close to taking over UK's Furness Withy
      269 29 WEST GERMAN liner operator Hamburg-Sud could be close to finalising a takeover of Furness Withy, one of the UK's oldest shipping groups. Shipping sources believe both parties are involved in talks which will culminate in takeover of the UK company's assets. Neither
      269 words
    • Article
      Lock icon Eastern to add two Houston-NY flights
      142 29 Reuter EASTERN Airlines, a unit of Continental Airlines Holdings, will add two new daily round-trip flights from Houston's Hobby Airport to New York's La Guardia Airport and one daily round trip each to Washington National Airport and Boston, beginning from Sep 6. Eastern also
      Reuter  -  142 words
    • Article
      Garuda keen on leasing Aeroflot jets
      163 29 INDONESIAN state airline Garuda is keen on leasing three Ilyushin 76s and two Antonove 124s to increase its air-cargo capacity. Garuda president MSoeparno told a delegation from Soviet airline Aeroflot in Jakarta recently that Garuda urgently needed to expand its cargo capacity to meet
      163 words
    • Article
      Lock icon Air Vietnam increases international flights
      159 29 AP VIETNAM'S national carrier added eight international flights and served 30 per cent more passengers in the first half of 1990, compared with the same period last year, an official report said. The Vietnam News Agency, monitored in Bangkok on Monday, said Air Vietnam carried
      AP  -  159 words
    • Article
      Lock icon PAL anomalies probe: eight executives suspended
      172 29 AFP PHILIPPINE Airlines (PAL) chairman Catalino Macaraig has announced the suspension of eight of the firm's executives who are being investigated for their involvement in alleged overpricing anomalies. Among those suspended are PAL executive vicepresident and chief operating officer Leslie Espino, senior vice-presidents Ramon
      AFP  -  172 words
    • Article
      Lock icon Taiwan's Eva Air to fly to Vienna
      215 29 AFP TAIWAN'S Eva Airways is expected to start flying to Vienna in June next year following Cabinet approval of a proposed aviation rights exchange allowing Austria's Lauda Air to fly to the island later this year, an official with Taiwan's Ministry of Communications
      AFP  -  215 words
    • Article
      Lock icon Two Germanies invite bids for phone network
      175 29 Reuter EAST and West Germany will invite bids from international competitors for a third telephone network known as a personal communication system (PCN). West Germany has two mobile telephone networks, one state-run and the other run by Mannesmann AG. The two countries have
      Reuter  -  175 words
    • Article
      MNSC hopes to talk to FASC
      371 29  -  By Othman Abu Bakar THE MALAYSIAN National Shippers' Council (MNSC) hopes to discuss with its counterparts in the Federation of Asean Shippers' Council (FASC) about the new rate increase proposed by the Far Eastern Freight Conference (FEFQ recently. The FEFC has proposed an increase
      371 words
    • Article, Illustration
      Thailand to invest 7b baht in communications projects
      135 29 THE Communications Authority of Thailand will invest about seven billion baht in fiscal 1991 in several projects, including high-speed data transmission, to put it on par with Singapore. Other projects are an optic-fibre system and a satellite communication system, said The Nation.
      135 words
    • NEWS SUMMARY
      • Article, Illustration
        United Profit Service
        43 29 UNITED Parcel Service, which has the largest delivery business in the US, is ready to take on the world. UPS chairman and chief executive officer Kent C Nelson (above) and senior vice-president Donald W Layden discuss their plans. Page 2
        43 words
      • Article
        Aussie exporters face high landed cost
        36 29 ON TWO OCCASIONS last year, Australian producers lost the opportunity to supply commodities to New Zealand because their landed cost was higher than supplies from Turkey or Thailand. Back Page
        36 words
      • Article
        Rolls-Royce 10 supply engines for 50 planes
        29 29 ROLLS-ROYCE pic has signed a contract to provide Tay 650 engines for 50 new One-Eleven aircraft being built in Rumania. Back Page
        29 words
    • LOG BOOK
      • Article
        Nippon Yusen in tie-up with Italian firm
        83 30 JAPANESE shipping firm Nippon Yusen KK will set up a joint venture with Italy's land transportation company Zust Ambrosetti SPA to establish a door-to-door container distribution service network around Europe, a Nippon Yusen spokesman said. The distribution centres will be built in Italy,
        83 words
      • Article
        THAI to buy five BAe planes
        74 30 THAI AIRWAYS International has approved a plan to purchase five BAe 146-300s worth a total of US$l2O million for use on domestic and regional routes. THAI has rented five BAe aircraft for operations in the past one year and their performance has been judged
        74 words
      • Article
        Indonesia raises container tariffs
        97 30 INDONESIA is increasing port tariffs for container handling from today. The Director-General of Sea Transport, JE Habibie, said the revisions are intended to improve port services which require a large amount of investment. The new rulings also stipulated the reintroduction of US dollar pricing for services
        97 words
      • Article
        Emery gets E German agent
        77 30 EMERY WORLDWIDE, a unit of Consolidated Freightways Inc, has signed on Deutrans Express to serve as Emery's exclusive cargo agent in East Germany beginning today. Deutrans is an East German freight forwarding group. The pact will allow the company to substantially increase its coverage in
        77 words
      • Article
        Navistar unit in distribution deal
        68 30 NAVISTAR International Corp said its Navistar International Transportation Corp subsidiary signed a distribution agreement with Perkins Group Ltd of Peterborough, England. Terms call for Perkins to market and sell Navistar's 466 family (7.6 litre) of mid-range diesel engines to its customers worldwide. Navistar said the
        68 words
      • Article
        Salvage study for Greek vessel
        89 30 A DUTCH expert and an American counterpart arrived in Karachi on Monday to study the possibility of salvaging the Greek-owned M V Veller, which ran aground carrying US$4.2 million of rice in May, shipping sources said. The Pakistan Rice Export Corporation had chartered the vessel
        89 words
    • Article, Illustration
      UPS delivers a world challenge
      1074 30  -  UPS, No 1 in the US, is ready to take on the world. John Tan !reports from New York John Tan WE WANT to be number one or two in five years' time. That, coming from the world's largest package delivery company, was a little
      1,074 words
    • Article
      Lock icon WEEKLY FREIGHTS
      881 30 AFP Dry cargo shipping rates firmed over the past week, thanks mostly to the coal-carrying sector, where US East Coast loaders were obtaining improved deals. The Baltic International Freight Futures Exchange (BIFFEX)'s Baltic Freight Index (BFI) climbed 28 points in the week to end at 1,157 points. Coal-carrying
      AFP  -  881 words
    • Article
      THE SHIPPING GUIDE THE SHIPPING GUIDE
      13046 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
      13,046 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        490 45 fraaal Of Ma Ba» ktkd Oapartoa Vaaato jgjh fct MwI fcpjw Kappd Wlwrm H Kamta 93 PX 01.08/2330 02.08/0130 6 Wondar 2/90 K18 akxvuto 01.01/1500 Haadaii 16/90 P2C 01.08/1530 0208/0600 kito 1002E CIO tfw«9dt 01.08/0700 tab* 24/90 P4A 31.07/1230 31.07/2300 Ma 34W/90 K32 *x*sda 31.07/2100 18/901 P2A
        490 words
      • Article
        CONTAINER SCHEDULE
        1125 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO Hoard Boott*/Babnct Mb 9* Vty Hi NM Fran To Fran PtfdK&iSpacc Aa Jade 6A 1 31/1500 31/1669 31/1900 Aa Rom IB 1 31/1500 31/1669 31/1900 2 31/1700 01/0659 01/0900 M GondMrov 22S80 3 01/0700 01/1159 01/1400 4 01/1200 01/1459 01/1700
        1,125 words
      • Article
        IN MALAYSIAN PORTS
        338 45 Nit Ml South Ptot or My 31: Bow Sun berth 1; Victoria Cob berth I Tomoe 305 berth 3; Mutia Hayu berth 4; Ha Heng 33 berth 7; Swee Ann Satu berth 7A. KCT: Bunga Penaga berth 8; Gulp Bridge berth 9; Ned Rotterdam berth 9; Eagle
        338 words
    • Article
      DAILY FREIGHTS
      1065 45 Chartering on the dry cargo freight market began the week quietly with most activity centred on the time-charter sector, brokers said. The BFI rose four points to 1,161 in reaction to last week's firmer fixtures, with the key US Grain sub-indices all marked slightly higher. The US Gulf
      1,065 words
    • Article, Illustration
      Aussie exporters face high costs
      849 46  -  From Florence Chong in SYDNEY ON TWO OCCASIONS last year, Australian producers lost the opportunity to supply commodities to New Zealand because their landed cost was higher than supplies from Turkey or Thailand. Exporters put the blame squarely on the high cost of trans-Tasman freight
      849 words
    • Article
      Lock icon Rolls-Royce to supply engines for 50 planes
      256 46 Reuter ROLLS-ROYCE pic said it signed a contract to provide Tay 650 engines for 50 new One-Eleven aircraft being built in Romania for UK leasing company Associated Aerospace. It said the contract could lead to around £125 million worth of business and is
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      Lock icon Seaway to close for traffic on Dec 1
      198 46 Reuter THE St Lawrence Seaway Authority, preparing for the fifth year of a seven-year rehabilitation project in the Welland Canal, said it will close the waterway to incoming vessel traffic on Dec 1. The preliminary clearance date, the time when ships are
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      Lock icon Oil spill threatens Galveston
      82 46 Reuter A BARGE damaged in a collision with a tanker continued spilling oil into Galveston Bay on Monday, prompting fears of massive ecological damage. Desperate state officials urged the US Coast Guard to apply experimental oil-eating microbes to the spill in hopes of minimising the impact
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      414 29 I IKI UNITED Elill LEAWCASIVICESPIEtID Mm Call Td:47l 3033 r <* SI B CO N '9 0 13 &14 September 1990 World Trade Centre Singapore International Bunker Trade: Price vs Services Singapore is once again hosting the 3rd Singapore International Bunkering Conference (SIBCON '90), following the overwhelming support for the
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      Page 29 Advertisements Column 2
      25 29 Contmm Schtduk 17 Oiiylntf* 17 Ma to Mortem 3 Sqpni Gate 10,11 ShpsaiPort 17 Smpport Trie 17 WMter and Sm Contoom 17 WMtfy tracts 2
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      88 30 FOR SUCCESSFUL MANAGEMENT OF YOUR BUSINESS 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 at
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      Page 30 Advertisements Column 2
      63 30 NOTICE ET.«JnrTAIiiM -...•SBFSaKa— ■pfMIUA Corulfn*«< of all diaint CtffOM M UM CaptkXMd V«ftMis Is haraby notttsd that a Bxirnj will bs bald on tl>« 2nd of August IMO Thursday at Ksppel Wbams K3O from 0900 hours 1300 hours. No furthor sum* will bs snUrtalnod thsrsaftsr. Apnts: T LPfl KCTKAI BOUST*AD
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      1936 31 WM jarowe shipping agencies tillft WCMkMHMt tod #12-05 Southpomt. Sinaport 0208 Ml WWW TO *****U TELEX NO RS ***** ?.IVCRnW TERMINALS TO *****18 220 rMMflyj BOOKINGS TO *****34 235 1 \CCCW M PCSAKA JAR DINE SNIPPING agencies SON. BMO PORT KELANG TEL: 304U8 TELEX NO. MAJ9477/MA***** SSSS PENAUfi TIL *****4
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      Page 31 Advertisements Column 2
      1223 31 MDEX TOfIDVKTISERS IHy c°* Page Cd 1 A •Maenk Line 3 4/5 Mainfrcight IS 4 ABC Conuineriine 13 S «MISC 14 1-3 Accord Shpg 8 1-3 M'sia Shpg Corp 9 1/2 Adkris Business 16 3 Mendelssohn 5 1/2 iEScISSr 15 I Horn Sh i; 16 2 .MCKK(Fon*> 5 5 15
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      Page 31 Advertisements Column 3
      2180 31 53 VDNI Voy ETA ETO 'Port 'Pwwng DESTINATIONS u ciewng TMW FM<M> by cy 7i* o«oo mrs Fan* a CFS M no* HRS M T«*o OAK LOB MOO MEM AIL MIA CHB BAL nc NYC MOM TOU METTE M 9006 7/8 A/8 2/8 4/8 2S/8 27/8 30/8 31/8 4/9 6/9
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      1077 32 K I Lhl HI H ROTTEROAM/ VOY NO S PORE P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKIO EXPRESS M/ 589 1/8 18/8 20/8 23/B KATSURAGI 01/590 2/8 27/8 21/8 23/8 20/8 28/8 BENAVON *****3 V 8 22/8 25/8 27/8 HAMBURG EXPRESS 97/502 9/8 3/9 28/8 30/8 27/8 2/9
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      Page 32 Advertisements Column 2
      496 32 DIRECT SOUTH PACIFIC SERVICE SIN NOU SUV PPT I. FLOREANA 28/8 11/9 16/9 21/9 ALSO ACC£PTIN6 CARGO VIA SUVA TO: IAUTOKA. PAGO PAGO. APIA 1 NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 28/8 4/10 5/10 9(10 Alio accaptinf Cargo to Crllm (Pom) via Vil#i Agents: Singapore; ®rMas
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      Page 32 Advertisements Column 3
      1198 32 Prlmkama sunm miM regular independent full contamer service WESTBOUND FOR EUROPE 1 VSL/VOY SIN ALG BCL PEL ROT ANT HAM BRC LHA (VIA (VIA (VIA ALC) ROT) HAH) NOR ASIA MUBARAK 9022-3 03/08 24/08 21/08 29/08 31/08 03/09 02/09 04/» 05/09 N-AL MANSOORAH 9023-3 10/08 31-08 02/09 05/09 07-09 10*09
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      1686 33 sjSSleamers Maritime Holdings Ltd mP&O Im STRAITS SHIPP NGI Containers V«* No PKlam S poro S ton H'burf Bhaven R dam Loft ACCEPTS DUE SAILS TOKK) EXPRESS 94/ SB H 0L« IMK 21« 22/01 CARGO KATSUKACI 01;590 »T BHUM-JO/7 W» A* 22*» 2MI 2&W 27« MERCURY JADE VQ7E KK. Muara.
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      Page 33 Advertisements Column 2
      1612 33 TQ: EMRQPE TO: FAR EAST SP LH ROM HAM B'HVN FIX SPORE HK KAO KOB BU HANJIN OAKLAND 009W 4/S 22/S Z3/S 24/S 2C/S Z7/M HANJIN HAMBURG 001E M 9/1 10/1 13/1 lilt CHOYANG SUCCESS 010W 11/1 5/9 M 7/9 9/9 10/9 HANJIN ROTTERDAM 009E 13/1 li/l 17/1 20/1 23/1
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      Page 33 Advertisements Column 3
      21 33 STORE LOADING FOR MORA 14/S/SO PHNOMPENM/KOMPONGSOM NINA IS/S/SQ HOCHIMMH/VUNGTAU SELM SHIPPING ft TRADING PTE LTD TEL: *****73 TLX: BS2t2S7 FAX: *****4S
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      Page 33 Advertisements Column 4
      400 33 gwflfHi STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFTS VESSEL ASIAN AMBALIKA COSMIC ASIAN CLIPPER PIONEER STAR VOY. NO 125 57 7 114 Sport SW Sid 12/8 20/8 P. Kelang Sid In Pt 14/1 22/1 Penang In Pt Hong Kong Yokohama 2/9 9/9 Nagoya 18/8 31/8 7/9 Osaka 17/8
      400 words
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      574 34 CR NBR **********0-O EXPRESS SEMI-CONTAINERSNIP SERVICE i —■> VSUVOV S'raßi R'DAM/ H'BURG BREMEN ANTWERP ABM 1 PANJANG/2CWB HI V 4/9 1/9 11/9 KUTAI/zswb u-aja ni» 2M 21/9 5,10 MATARAH27WB g Mff 22/10 2C/10 29/10 2/11 FAST TRANSIT TIME ACCEPTING BREAKBULK/CONTAINERISEO CARGO 3utjKl to MunmanL Also aouptaQ '"y to CwMvicb, Port
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      Page 34 Advertisements Column 2
      702 34 6?) HANJIN SHIPPING Yy FULL CONTAINER SERVICE iS'per* I LtHort R'ton H'burg B'hjven Ft tow* FEEDER VSL SIN LINE HAUL LAX OAK 6/1 24/t Olt 26/1 2S/1 29/8 HANJIN ROTTERDAM OD9E 13/1 H SEOUL MIC 7/9 9/9 11/1 5/9 6/9 7/9 9/9 10/9 CHOYANG CHANCE 04IE *>;« H BUSAN IS3E
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      Page 34 Advertisements Column 3
      1530 34 d -IH -T3H7K IPKI SCP HKC KSC KIC PUS HKT OSK SM2 TYO LAX CHS BAI NYC LHV AMR ROi FU H« MP B E GIFTED RE 032 1/1 2/1 7/1 W 11(1 1M 1W 1?H W 8* m Ufl 17/» 1« W Off W W VU BfV I E
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      1852 35 NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 AUST/INDIA/PAK SERVICE— *****18 FAR EAST SERVICE— *****48 TERMINAL OFFICE :*****022 DOCUMENTATION DEPT: *****44/ *****14 9V CFS: M 2 —IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 NEPLINE SDN BHD MALAYSIA K.L.-(03) *****33, P.Kelang-(03) *****87, Penang-((M) *****0,
      1,852 words
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      Page 35 Advertisements Column 2
      1168 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 I DISCHARGING FROM EASTBOUND LOADING FOR WESTBOUND VESSELS VOYAGE |S«B |MANIU MUMS VOYAGE MM PKLAMG HMMt rHAVEN TILBURY HOTT ANTWERP T KISELEV
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      Page 36 Advertisements Column 1
      1539 36 ,-5 Mpp f f W, £\> V* V* AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No **********0 M) \\7 TEL *****77 TELEX KAWAKIRS23I6S FAX *****79 VV-----A J M I M MALAYSIA HARPER WIRA SON BHD TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 K AWASAKI KISEN KA.ISHA LTD INDONESIA
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      Page 36 Advertisements Column 2
      694 36 PHILI-ORIENT LINES PTE LTD 1 (The Complete NVOCC Package) Bjl jflKI 5 AUG MONTREAL, OTTAWA, TORONTO, VANCOUVER S'WESTERN ONTARIO. CHARLESTON, CHICAGO, 9 AUG DUBAI, DAMMAN, KUWAIT, DOHA, LONDON, THUNDER BAY, WINNIPEG, MUSCAT, BAHRAIN, ABU DHABI, REGINA, SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, KAMLOOPS, VERNON, PENTICTON 3 AUG COLOMBO, KARACHI, BOMBAY, AND
      694 words
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      Page 36 Advertisements Column 3
      437 36 A GOLDEN LINE A GUAN guan shipping lfis£<\ (PTE) LTD 23, Tolok Avar Stroot SINGAPORE 0104 1 TEL: 5343 M (10 LINES) Fu: *****04 (CR No **********000 tqlaito/pkkoian cuu service S pore P. Kelang Penang GOLDCN WONDER Colombo/Karachi/DiAai In Port GOLDEN HAVEN Colombo Karachi Dubai 1/10 Aug CHINA SERVICE DAI
      437 words
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      Page 37 Advertisements Column 1
      1621 37 SSSSSmDH PACIFIC INTERNATIONAL LINES (PTE) LTD SSSSSSff B U p>t Building, 140 Cecil Street #03-00, Singapore 0106. I Jakarta I I Bangkok I VESSEL VOY SIN JKT SIN VESSEL VOY SIN BKK SM kota ma one *it m kota naqa iin ut 7/s ii/s KOTA MELATI 14SB 5/8 7/S 12/1
      1,621 words
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      Page 37 Advertisements Column 2
      1194 37 r BENLINE CONTAINERS LTD > 200 Cantonment Road Tel: *****22 #13-05 Southpoint Fax: *****63 Singapore 0208. Telex: RS ***** EXPRESS CONTAINER SERVICE TO UK/CONTINENT VESSEL |VOY SPORE P KLANG SHAMPTON| HAMBURG BHAVEN R'DAM L'HAVRE Tokio Express' 94/589 1/8 Via Ala 18/8 21/8 22/8 Katsuragi f 01/590 3/8 27/8 21/8 23/8
      1,194 words
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      Page 37 Advertisements Column 3
      313 37 i•iw i b MYANMA pBBk FIVE STAR LIME (Myanmar National Line) Loading for Yangon (Rangoon) S'pore P.Kelang Pan MERGUI VIOOW IN PT MYOMAYWA VI29W 3/11 AUG HPA-AN VIS3W 10/14 AUC PATHEIN VIO4W 12/11 AUG THE BANK UNt (A Mnrtc* of Antfrow Weir Shipping) YT SEMI-CONTAINER SERVICE HEAVY LIFT CAPABILITY I
      313 words
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      735 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUND SIN FIX BRV ROM ANT HBG *$T W.UIBRICHTMO 2* "IT M «t W W PANAMA S£N WFBJI 70 300 310 10 30 S0 T WENOA M IV* 70 1/T 100 12/9 AMERICAN SEN WFJ34 210 130
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      Page 40 Advertisements Column 2
      1312 40 I CRYSTAL FREIGHT <CF5> SERVICES PTE LTD v TEL: *****88/*****22 oemaweuMTiwi sawict xi: FAR EAST "PORT KELANG 3 e'& 10/8 MANILA 4/8 A 11/8 PENANG 3/8 10/8 BUSAN 3/8 10/8 BANGKOK 5/8 4 8/8 TOKYO 9/8 16/8 HONG KONG 6/8 A 10/8 YOKOHAMA 9/8 A 16/8 KAOHSIUNG 5/8 A 12/8
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      Page 40 Advertisements Column 3
      254 40 LOADING FPU LOADING FO* BUENOS AIRES VUSII SW( CM MN ■AMIS HVtWO *10 STS *IT PACUA MOsmtNi im nmm- an un nn V.HMU H SAIANA V% lit Ult I7lt 1/M «M IVM V HHS 2 c isaul mm 12/w aic vu *u i*m VMM 2 KOSTWtEN I urn tun vu
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      Page 40 Advertisements Column 4
      1335 40 f ta a m. «~si CHINA OCEAN SHIPPING COMPANY 2 full CONTAINER LINER SERVICE mEX T Rs STcosh.p CR NO: *****W0000M FAX: *****66 General Agents: OORAIBHIPPINO PTE LID tmt VtSStL/VOT SCP fUt HOT HAH AWT DM VtSStL/VOY FU HOT HAI ANT O>W LUO HUN OM SHiM W HA AN HC/1M
      1,335 words
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      Page 41 Advertisements Column 1
      1042 41 NIHON-ASIA I CR **********0N TEL: *****22 FAX: *****86 I Competitive Rates!! ETA USA All IPI Destns 3/8, 10/8 I EUROPE all Ports 4/8, 11/8 BANGKOK 7/8, 10/8 HONGKONG/CHINA 9/8, 13/8 SYD, MEL, ADEL, BRIS 4/8, 15/8 FREMANTLE 3/8, 12/8 MANILA 3/8, 10/8 PKLG/PENANG 5/8, 12/8 Port Kelang Branch Tel: *****21/2/3
      1,042 words
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      Page 41 Advertisements Column 2
      702 41 tef-P.T. MASKAPAI PELAYARAN LAUT FULLY CONTAINERISED REGIONAL FEEDER SERVICE TWICE WEEKLY/WEEKLY FIXED DAY SCHEDULE BETWEEN THE PORTS OFTFORE, INDONESIA, MALAYSIA ft THAILAND ALSO ACCEPTING LCL CARGO TO ALL DESTINATIONS. 1 WE SERVE FOR BOOKINGS CALL SPECARGO FORWARDING AT TEL: *****55 BMQAPONE INDONESIA SERVICE VSL VOY SIN JKT PAJ SIN PUL
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      Page 41 Advertisements Column 3
      672 41 BANGKOK CEBU/MANILA Itnrn jwr mooapo* Ivma [wr rpow cau isiul CHAIYA BHUM# 07N Mon In Pt Thur 4* SO ORIENT JIR 3/8 9/8 11/1 MAHA BHUM# 20N Thur 2/8 Sun 5/8 AKA BHUM 32S 10/8 16/8 11/8 MEKHANIK KURAKO 20N Fri 3* Mon 6* SO ORIENT BE 17/8 23* 25/8
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      Page 41 Advertisements Column 4
      267 41 TO AUSTRALIA/NEW ZEALAND v 5 [Tiinuiri KSSS|W»»»uni«b»<M > [Auctl-WM Dwrtn c veaouk aw uii m n)i EJi iff "ErnStm »T nH m M Hn MS TUT EXPttSS sw» Vjt VW ~m UA» Mfll t huok 157 wo £j» n/w ant wm la DATS TO MELBOURNE! TO USA/CANADA VS. SiWMfi N.
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      1261 42 MAC-NELS BINBAPOBEII twin tu= titttn I www til PENANG TEL: (04) *****6 KK I TEL: (088) *****0 TAWAU TEL: (089) *****9 P KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 IJ. BAHRU TEL: (07) *****2 SIBU TEL: (084) *****2 LABUAN TEL: (087) *****9 I— J\y \-2_J
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      Page 42 Advertisements Column 2
      528 42 ffCfc BLUE STAR LINE SINGAPORE TO J| NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND. NAPIER, WELLINGTON. BLUFF. CHRISTCHURCH, DUNEDIN, LYTTELTON, INVERCARGIL, FIJI AND TAHITI SIN N. fiv AUCK irr MAHSURI 0571 10 At* n Auf Vi» NPL
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      Page 42 Advertisements Column 3
      879 42 /3HTHONG SOON LINES PTE. LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax N01_*****73 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH una |m leh Inn noia m eh kit KIM SOON LI 30/90E 4 AUG PENANG JENHOL 11/90E 1
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      Page 42 Advertisements Column 4
      318 42 diwainail IRANIAN PER VICE I Singapore Loading for:- 1 IRAN EKRAM IN PORT Bandar Abba* f IRAN SALEM 4/1 Bandar Abbas I i |MM IIM I iWH| IX NEST CMST/MBOtt/CSmM. nmrrn w awct MM U ENSENAIM L.CAROCNAS i CtUZ ■AWAWLLO ■Pill I »i Alto occoptinf to othor Moiitin dntinitiom of
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      692 43 N&XX COMPANIA PERUANA DE VAPORES "PERUVIAN STATE LINE" ACCEPTING BREAKBULK/FCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS* WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Ptmrvg* P. Ktlang Singapore THOMASEVERETT 04/06 Aug 07/01 Aug SHAPtAEVERETT 15/17 Aug IJ/19 Aug ROSEEVERETT 26/30 Aug 31-Aug/01 Sapt WSV "EVERETT
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      Page 43 Advertisements Column 2
      591 43 vsl [S POOt [MAINUNER lux IKST ISAV INTC |HFX I ZIM KOPER 12/1 ZM U VON NO 12/1 21/» 24/9 W W ZIM VENEZIA lilt ZIM LIVORNO 12/9 71/» 2M Hi* ZIM ELAT ti/t ZIM GENOA 24/9 Vl* MJJ ZIM SINGAPORE 2tit ZIM GENOA 24/1 W JJ ffl" LEEWARD tit
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      Page 43 Advertisements Column 3
      626 43 SING KWANG HANG ■IWMIU nUMPOKTATION (FTI) LTD WEEKLY LCL/FCL SERVICE VESSEL SPORE JAKARTA SURABAYA JENLINK 30/7 JENWEL I 1/8 3;6 VESSEL SPORE BANGKOK A VESSEL 30/7 2/8 I A VESSEL I 18 3 6 DESTINATIONS ETA SINGAPORE PORT KELANG 3 AUG MANILA 30 JULY HONG KONG. ALL CHINA PORTS 3
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      Page 43 Advertisements Column 4
      514 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VEBBEL VOY SIN JKT BBY POHTIAHAK' TAN TO SEJATI 07 03/08 05/08 PELOPOR 953 04/08 07/08 TANTO SEJATI 09 08/08 11/08 PELOPOR 954 11/08 14/08 TANTO UTAMA 93 03AM 06/08 TANTO UTAMA 95 10/06 13AM TANTO UTAMA 97 17/08
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      Page 43 Advertisements Column 5
      435 43 I SIN FMEAU 5/8 KEELUNG/KAOHSIUN6 5/8 BANGKOK 1/8 MANILA/CEBU 4/8 JAKARTA/BELAWAN/SURABAYA 3/8 PORT KELANG/PENANG/E. Malaysia 6/8 BUSAN 5/8 TOKYO/YOKO/KOBE/NGO/OSA 6/8 HONG KONG also accepting cargo to Huanmj/Sherutwn/Funwu/ Xiar,en Xingang.Shaneha SIN EUROPE/UK 3/8 LDN/FLX/LVP/SOU 3/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Rou mania/Poland/Bulgaria/Czech. SIN USA/CANAIA 4/8 LOS ANGELES/NEW YORK all
      435 words
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      409 44 CB SHIPPING I r®\ MARINE SERVICES NORTH QUEENSLANO/PAPUA NEW GUINEA SERVICES Monthly Mrvics accepting FCL, LCL and braakbulk cargo to and from Laa, Port Morasby (P.N.Q.) and Townavllla (Australia). Alao other ports subject to Inducement. Next veeeel "ANKE" V 1668 ETA S'pore 17-18/8/90. Also starting regular service for project cargo
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      Page 44 Advertisements Column 2
      683 44 SINGAPORE/MEDITERRANEAN FULL CONTAINER SHIP SERVICE VESSEL/VOY ETA SPORE NAPLES GENOA ILYICHEVSK MERSIN TRIESTE Y.M V.12-90W 31/7/90 29/8/90 20/8/90 24/8/90 A.N V.13-90W 16/8/90 11/9/90 1/9/90 6/9/90 MB V.13CW90 2/8/90 24/8/90 25/8/90 1/9/90 B.A V.14CW90 16/8/90 31/8/90 10/9/90 15/9/90 N.C V.14-90W 20/8/90 16/9/90 6/9/90 11/9/90 K.S V.15-90W 28/8/90 21/9/90 12/9/90 16/9/90 K.V.T
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      Page 44 Advertisements Column 3
      442 44 JEHF OcemSmvice SERVICE TO/FROft^j^^^^^jj^^^ Omwl Afwtti Q)/i KL: au.iUm.imk SINGAPORE: Mk 04-*****2 03-*****55 778 6522(22 unesi TO T# MM o*9 *WM CMm Altai TmMwt Y« I cmvemwAL lamca FROM SOUTH EAST ASIA/ FAR EAST TO USG/BRAZIL/ARGENTINA MV NORTTttEN SLEVIK MV NORTWEEN NOVA ETA BUSAN 29/7 ETA SINGAPORE 13/8 FROM BRAZIL
      442 words
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      Page 44 Advertisements Column 4
      229 44 FCL/LCL SERVICES MANILA ETA VIGOUR PACFIC 12MB 11/B VIGOUR PAORC 13MB 2UB JAKARTA PELOPOR ETA: 4/8 SURABAYA TANTO UTAMA (93) ETA; 3/8 BANGKOK 3/8 10/8 BUSAN S/8 10/8 HONGKONG 6/8 7/8~~ DURBAN 15/8 26/8 KEELUNG 5/8 12/8 PT. LOUIS 15/8 26/8 PT. KELANG 3/8 10/8 KOBE 6/8 13/8 PIRAEUS OSAKA
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      423 45 TIDES AND WEATHER TODAY'S TIDES (heigtit in metres) WMMMIIMWMMMMMMMMM«7MMMMMIMIIIMI2MIJMMMIMItIMI7MIIMISM2MI2IM2ai2MI ft 1.0 L 0 1.0 LI L 3 1.4 1.5 L 5 13 1.4 1.4 U 13 1.4 13 L 7 13 12 23 2.4 23 II L» 13 n li) 1.0 1.0 1.1 13 13 1.4 15 15 1.5 15
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      Page 46 Advertisements Column 1
      434 46 CHARTPOINT Every Saturday in Business Times PAKISTAN NATIONAL •B* SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANQ i TBN 25/7/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 29/7
      434 words
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      Page 46 Advertisements Column 2
      689 46 ▲Hyundai MERCHANT MARINE CO. LTD. EASTBOUND TO USA II WESTBOUND FROM USA TO PSW VOY I SIN I HKG LBH OAK SEA CHI I I FROM PSW VOY LBH OAK SEA HKG I SIN B HYUNDAI INNOVATOR 34E 21/07 02/01 2008 23/01 20/00 25/01 LALANOIA 32* 25/06 21/06 01*17 19/07
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