The Business Times, 17 August 1990

Microfilm: NL17095
Total Pages: 46
1 46 The Business Times
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  • Title Section
    Masthead
    10 1 Business Times MCI (P) 170/12/89 Friday August 17 1990 75*
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  • NEWS SUMMARY
    • Article
      US consumer prices up 0.4pc
      59 1 US CONSUMER prices rose 0.4 per cent in July, the US Labour Department said yesterday in a report that is likely to be followed by a major acceleration in inflation this month. Last month's rise followed a O.S per cent gain in the June Consumer
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    • Article
      PWD looks abroad
      34 1 THE PUBLIC Works Department is close to clinching another overseas project the building of the 150 million Zomboanga International Airport in the Philippines, a senior PWD official said yesterday Page 2
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    • Article
      Vestal opens office
      29 1 THE VESTEL electronic group of companies, which sources Usl3o million worth of components yearly from the Far East, has opened a representative office here. Page 2
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    • Article
      Call for broad support
      28 1 US Agriculture Secretary Clayton Yeutter called for broad support yesterday to pressure the European Community to abandon its policy of farm subsidies Page 7
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    • Article
      7pc growth for Jakarta
      32 1 INDONESIA overcame the threat of heavy foreign debt burden and weak oil prices last year to register a robust 7.4 pc economic growth, President Suharto said. Page 7
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    • Article
      Simmering dispute
      38 1 A DISPUTE between the US and Japan over the country's corporate groupings and their alleged monopolistic behaviour could resurface following the release of a Japanese government statement praising the efficiency of these corporate families. Page 8
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    • Article
      From wine to water
      26 1 A NEW study shows that the French people are turning away from wine and that their favourite replacement is water. Page 17
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    • Article
      Rise in freight rates
      42 1 SHIPPING lines in the Middle East trade have announced a fresh increase in freight rates by up to US$2OO per 20-ft container for shipments out of Singapore and West Malaysia to Arabian Gulf ports. Shipping Times Page I
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  • MARKETS SUMMARY
    • Article
      Dow Jones lower
      30 1 US STOCK prices dropped in early trading yesterday. The Dow Jones average of 30 industrial stocks fell 24.01 points to 2,724.26 in the first hour of trading.
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    • Article
      Footsie lower
      41 1 SHARE PRICES on London's Stock Exchange were lower at midday yesterday. At 1112 GMT, the FT-SE 100-share index was down 6.7 points at 2,232.6, near the mid-point of its intraday trading range. Volume at midday was 213.0 million shares.
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    • Article
      Surprise inclusion
      20 1 UIC surprised analysts by including its $37 million gain from the FCC sale in operating profit Page 2
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    • Article
      US investment
      19 1 SINGAPORE Aerospace plans to set up a major aircraft and maintenance facility in Mobile, Alabama Page 3
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    • Article
      SMP offer
      18 1 SUPERIOR METAL Printing's (SMP) new share offer has been warmly received by small investors Page 3
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    • Article
      Hancock's acquisition
      16 1 AMERICAN insurer John Hancock takes over Singapore's British American Life Assurance Co. Page 6
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    • Article, Illustration
      STOCK INDICES
      30 1 Thursday Chance BT-MGA 6%. 14 -0.84 Kuala Lumpur ....566.71 -2.01 Hongkong 3,183.29 -5.02 Tokyo 27,549.44 -562.68 Sydney 1,557.0 -5.3 Wednesday Change New York 2,748.27 +0.50 London 2,239.30 5.30
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    • Article
      CURRENCIES
      23 1 rirh—p rates US$ S$ 1.7960 Yen SSl.2143 MS SS0.6662 ILyuM mjrknf vfnjvroy Mnwi ifliv* Overnight 7 1/8 -3/8 3-month 6 3/4 -1/8
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    • Article
      COMMODITIES
      35 1 London Gold PM fix US$402.60 US$4.20 S'porc Sep156.50*/kg unch M'sia Sep M234.50 */kg 0.50 KL Tin Turnover 54 tonnes -II Spot M$ 15.86/kg -0.09 Crwdt pain oil Turnover 789 lots -252 Sept. M$676/tonne +1
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  • Article
    S'pore office rents fifth costliest in the world
    486 1  -  By Lee Han Shih SINGAPORE has shot past New York to become the fifth most expensive city in the world in terms of office rents, a survey by consultants Richard Ellis showed. According to the survey, it now costs US$74l a year
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  • Article
    Iraq ready for talks with US
    398 1 Iran renews demand for Iraqi withdrawal IRAQ'S Foreign Minister said that his country is ready to negotiate with the United States and would neither start a war with America nor invade Saudi Arabia. But the minister, Tariq Aziz, also claimed Iraq could defeat the
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  • Article
    Asian markets mostly lower
    182 1 ASIAN bourses closed generally lower amid fairly quiet trading yesterday while the US dollar ended steady. In Tokyo, the 225-share Nikkei index fell 562.68 points, or 2 per cent, to 27,549.44. Many investors are holding back ahead of Japan's money supply Figures due today, said Masahiko
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  • Article
    Oil firms meet officials
    78 1 THE Trade and Industry Ministry's meeting with oil companies yesterday saw the latter explaining to ministry officials the basis for introducing the latest pump price increases. But sources say the discussions were mainly for "infor- mation exchange" purposes, with little suggestion that the ministry is likely
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  • Article
    Lock icon Tokyo to extend aid to Gulf nations
    154 1 AFP JAPAN is planning to extend financial aid to Middle Eastern nations troubled by mounting tensions in the Gulf after the Iraqi invasion of Kuwait, government sources said yesterday. They said Japan's plans would be conveyed unofficially to the potential recipients by Foreign
    AFP  -  154 words
  • Article
    Citibank offers flexible account for investors
    438 1  -  B* David Gabriel INVESTORS with temporary liquid funds now have access to a new interest-bearing account in which to park their funds. Citibank launches today what it calls "The Money Market Account". The product is aimed at investment-minded individuals who move in and out
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  • Article
    Iraq-Kuwait type crisis unlikely in Asean: KL
    117 1 MALAYSIA does not foresee an Iraq-Kuwait type confrontation emerging from its disputes with its neighbours, Deputy Foreign Minister Datuk Dr Abdullah Fadzil Che Wan said yesterday. He said Asean had always resolved problems through dialogue. Furthermore, arms build-up was not a priority with
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      156 1 Wedding Package ml $220.00 nett per table "Hi FREE FLOW of stout, beer, soft drinks A etc. (Min. 10 tables) Hong Kong Dian Xin Mj No I Yuan Ching Road (above Jurong Bowl) j jMJj OH, WHAT AN UNLOVELY WAR 10 TAIPEI TANGOS WITH REFORM 11 Mreraft Schedule 27 Money
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    • Advertisement
      Page 1 Advertisements Column 2
      147 1 CONCERT PIANIST Executive Jobs Dennis Lee (right) may be Businessman-turned-living in England now, but he diplomat Francisco hasn't quite forgotten his Benedicto harbours a desire Malaysian roots nor the to return to business when people who helped him go his tour of duty ends. With business down, major Which is
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      Page 1 Advertisements Column 3
      119 1 mFD®© Quadruple 2oom+Auto IWo-Cotor. Saddam's hand strengthened, Pg 9 Oil analysts oven the slip, Pg 9 An unlovely war, Pg 10 Lines in Mid-East trade raise freight rates, Shipping Times Pg 1 TAIWAN is pressing ahead with its ambition to become an international financial centre. Catherine Ong assesses the island's
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  • HOME NEWS
    • NEWS ROUNDUP
      • Article
        Consumer Price Index unchanged from June
        71 2 THE CONSUMER Price Index in July remained at the same level as in the previous month. Dearer seafood and cooked food prices were more than offset by cheaper vegetables, fruit and poultry, resulting in a 0.5 per cent drop in food prices. As a
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      • Article
        OMV of smaller cars down
        106 2 THE OPEN market values (OMV) of the smaller cars have dropfwd by between $200 and $400 while those of bigger cars risen by between $300 and $5,600, as compared with a month ago, according to figures compiled by the Registry of Vehicles. OMV is the
        106 words
      • Article
        Supreme Court appointment
        64 2 SINNATHAMBY RAJENDRAN, 51, will be appointed a Judicial Commissioner of the Supreme Court on September 1, said a statement from the Prime Minister's Office yesterday. The appointment is for one year. Mr Rajendran spent many years in the public legal service before going into private practice in
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      • Article
        Visit from two US congressmen
        56 2 TWO AMERICAN congressmen, Senator Richard Lugar and Representative David Dreier, arrive in Singapore today for a two<lay visit. They will meet First Deputy Prime Minister Goh Chok Tong and Foreign Minister Wong Kan Seng to discuss ways of increasing US exports to Singapore. They will
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      • Article
        Focus on building services
        60 2 A TWO-DAY conference on the current issues and future of the building services industry will be held at the World Trade Centre on Oct 3-4. The conference is jointly organised by the Institute of Engineers, Singapore, the Singapore Construction Industry Joint Council and the International Trade
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    • Article, Illustration
      PWD close to clinching $150m overseas project
      339 2  -  By Dexter Lee THE PUBLIC Works Department is close to clinching another overseas project the building of the $150 million Zomboanga International Airport in the Philippines, a senior PWD official said yesterday. Together with the Civil Aviation Authority of Singapore (CAAS) and Indeco,
      339 words
    • Article
      Good response to seminar on Turkey
      355 2  -  By Schutz Lee LOCAL businessmen are open to the idea of doing business with Turkey, despite the Gulf crisis and the fact that Turkey shares a common border with Iraq. Over 70 of them turned up at yesterday's seminar on "How to do business
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    • Article
      Vestel opens office here
      288 2  -  By Claire Leow THE VESTEL electronic group of companies, which sources Usl3o million worth of components yearly from the Far East, has opened a representative office here. Vestel is a large whollyowned subsidiary of Polly Peck International (PPI), a London-based conglomerate with interests in food, electronics
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    • Article
      SPH to sponsor zoo's special enclosure
      210 2 SINGAPORE Press Holdings (SPH) will be the sponsor of the Singapore Zoological Gardens' Special Enclosure housing exotic or rare animals brought in under shortterm exchange programmes. In recognition of its sponsorship of $75,000 annually over a 10-year period, the enclosure will be renamed the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      172 2 CHARTPOINT Every Saturday in Business Times An inspiring lifestyle begins with d-SCAN f Beautiful teakwood furniture from d-SCAN. A name synonymous works of art. To view d-SCAN teakwood household and office '\f i jjU with quality and well-designed Scandinavian style furniture. furniture, come to our d-SCAN showroom or visit any
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  • SINGAPORE – MALAYSIA COMPANY NEWS
    • Article
      Inclusion of FCC stake gain in UIC results surprises analysts
      590 3  -  By Conrad Raj UNITED INDUSTRIAL Corporation yesterday surprised analysts by including its $37 million gain from the sale of its 28 per cent stake in First Capital Corporation in its operating profit for the first six months of this year.
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    • Article
      Lock icon KL-Tokyo ad joint venture aims to go public
      222 3 Bernama ASATSU and Fortecomm (M) Sdn Bhd, a joint-venture advertising firm between Fortecomm (M) Sdn Bhd and Asatsu of Japan, intends to become the first advertising company in Malaysia to go public. "Definitely the intention is there, said A&F managing director Muneo
      Bernama  -  222 words
    • Article
      Lock icon KL bank and finance stocks back in favour among investors
      688 3 MARKET TALK Reuter RIDING ON AN ECONOMIC BOOM, Malaysia's financial sector is set to grow 7.5 per cent this year after recording 9.5 per cent growth in 1989, say industry analysts. The sustained growth means banking and finance companies, rocked
      Reuter  -  688 words
    • Article, Illustration
      Warm response to SMP offer
      406 3  -  By Magdalene Ng SUPERIOR METAL Printing's (SMP) new share offer has been warmly received by small investors in spite of jitters in the world's financial markets resulting from Iraq's invasion of Kuwait. Small investors or applicants for I,(XX) to 9,000 shares accounted for twothirds of
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    • Article
      S Aerospace to invest US$20m in planned US facility
      265 3  -  By Selva Kumar SINGAPORE AEROSPACE is embarking on a bold plan to maintain and modify commercial aircraft, including Boeing jam bos, in the US. The newly listed defence contractor announced yesterday that it intended to form a new subsidiary to set
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    • COMPANY BRIEFS
      • Article
        Maypak chief sees no immediate Gulf impact
        75 3 THE PETROLEUM SHORTAGE expected to result from tf* Gulf crisis should not affect Malaysia Packaging Industry Bbd, immediately, chairman Tay How Seng said at the debut on the Kuala Lumpur Stock Exchange's second hoard yesterday. Malaysia Packaging started trading at M 53.50, before
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      • Article
        LTAT spent M$87m for stake
        137 3 LEMBAGA TABUNG ANGKATAN TENTERA spent r about MsB7 million to secure a 50.01 per cent majority stake in Boustead Holdings Bhd during its extended conditional offer which closed yesterday, stock market sources said. LTAT, the Malaysian armed forces superannuation fund, which previously held 32.5 per
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      • Article
        MPI to diversify further
        97 3 MALAYSIAN PACIFIC INDUSTRIES BHD is set to di versify its operations into manufacturing-related areas in' view of its vast expertise in the field. "We're always looking for good opportunities to diversify into, especially in related activities," group managing director Nga Been Sing said after the company's
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      • Article
        Decision time for trust schemes
        98 3 FOR 2.45 MILLION bumiputras in Malaysia, the next feipmonths will see a great deal of discussion and debate of the" relative merits of two unit trust schemes which will begin operations in the new year. They are the unitholders of the Amanah Saham Nasional Scheme
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      • Article
        Timuran posts 18pc profit rise
        115 3 TIMURAN HOLDINGS managed to post an 18 per cent increase in its pre-tax profits for the first half of this year over the corresponding 1989 figure in spite of a dip in turnover and said profitability in the second half of the year should be
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  • REGIONAL COMPANY NEWS
    • COMPANY BRIEFS
      • Article
        Pacific Dunlop may take over Vita Pacific
        118 4 PACIFIC DUNLOP Ltd said it has launched a As4B million takeover offer for consumer products manufacturer Vita Pacific Ltd. The A 52.40 a share bid represents a significant j premium over the market price and will enable shareholders to realise the underlying value
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      • Article
        ITS to expand output
        63 4 fORAY INDUSTRIES Inc, Japan's top synthetic fibre maker, said yesterday it would invest eight billion yen to expand production of polyester filament at its subsidiary in Indonesia. PT Indonesia Toray Synthetics (ITS), established in 1971, will soon start constructing a facility with a monthly production capacity
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      • Article
        Toyota largest income earner
        86 4 TOYOTA MOTOR Co was the largest income earner among Japanese companies which closed annual accounts last year. Toyota, the top automaker, earned a taxable income of 573.3 billion yen in the year ended June 1989. Nomura Securities Co, the largest stockbroking firm, was second in the
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      • Article
        Tokyo firms' investment plans
        126 4 JAPANESE COMPANIES plan an average investment increase in plant and equipment of 16.4 per cent in the year to March 1991, according to a survey by the Japanese financial daily Nihon Keizai Shimbun. The newspaper surveyed 1,280 firms as diverse as food manufacturers and realtors. Among
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      • Article
        Santos to issue more shares
        85 4 OIL AND gas producer Santos Ltd said it plans to issue 40.93 million shares at As 4 each to provide additional working capital and to reduce interest bearing debt. The one-for-10 rights issue, which is set at a discount to the current market price of
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    • Article
      Lock icon San Miguel's first-half profit falls 27.2pc
      269 4 AFP SAN MIGUEL Corp (SMC), the Philippines' most profitable private firm, suffered a 27.2 per cent drop in net income in the six months to June despite higher sales, a spokesman said on Wednesday. Consolidated net income in the first half of 1990 dropped
      AFP  -  269 words
    • Article
      Lock icon Convertible debenture launched by IFCT
      143 4 Reuter THE INDUSTRIAL Finance Corp of Thailand (IFCT) has launched a one billion baht convertible debenture issue for subscription by Thai and foreign investors. The Industrial Finance Corp said that it has mandated Salomon Brothers International Ltd and nine Thai brokerage firms led by Phatra
      Reuter  -  143 words
    • Article
      Dusit Thani calls off US hotel takeover
      480 4 THE DUSIT Thani Hotel Group has called off a US$26 million takeover of the five-star American Plaza Hotel in Dallas, Texas, after failing to have removed a clause that forces it to seek the approval of the old owner before going ahead with
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    • Article
      Lock icon Four more firms to explore Pahang mines
      196 4 Bernama FOUR more companies are expected to sign agreements with the Pahang State Development Corporation (PSDQ soon to join three other companies in undertaking exploratory and gold mining activities in five districts in the state involving a total area of more than one
      Bernama  -  196 words
    • Article
      Shun Tak posts higher profits
      280 4 A RISE in jetfoil traffic and higher than expected earnings from the recently purchased Aberdeen Restaurant group lifted first-half figures for Shun Tak Enterprises, Stanley Ho's flagship company. According to the South China Morning Post, profit attributable to shareholders grew 24.5 per cent to HK5151.53
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      103 4 Designer Mario A super quean size bad with a high upholstered I K haadboard elegantly covered with fabrics different fl in patterns and colours. Two adjustable pillows I serve as headrest The night tables-with rotating top and drawers come with exclusively designed r lamps which, along with the circular joint
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Mannesman more optimistic
      300 5 Reuter ENGINEERING group Mannesmann AG, which announced earlier that its group net profit rose 2.2 per cent to 183 million marks in the first half of 1990, said that good business developments would continue in the second half. As late as July, Mannesmann had said that it
      Reuter  -  300 words
    • Article, Illustration
      Lock icon Tramp assets valued at US$4.6b
      303 5 Reuter REAL ESTATE magnate Donald Trump has assets valued at up to U554.62 billion, heavy debt of USS3.2I billion and is the target of a slew of lawsuits, according to papers released on Wednesday that the developer had tried to keep secret. Trump's financial status
      Reuter  -  303 words
    • Article
      Lock icon Canadian property magnate down but not out yet
      360 5 Reuter CANADIAN real estate and retailing magnate Robert Campeau, shoved from the driver's seat of his own company, may be down but few believe he is out of the picture in efforts to resurrect debt-ridden Campeau Corp. The board of directors dumped
      Reuter  -  360 words
    • Article
      Lock icon Queens Moat takes stake in French firm
      195 5 AFP BRITISH hotel chain Queens Moat on Wednesday announced a 64 per cent interim profit rise and said it had acquired a 49 per cent stake in French company HI Management for £30 million (US$56 million). Queens Moat said it had taken an
      AFP  -  195 words
    • Article
      Lock icon Rubbermaid keen to expand in Europe
      294 5 Reuter RUBBERMAID Inc, one of the world's largest makers of kitchen and office products, is setting its sights on expansion in Europe, with a keen interest in new acquisitions or joint ventures. Company chairman Stanley Gault said on Wednesday: "In the 1980s we concentrated
      Reuter  -  294 words
    • COMPANY BRIEFS
      • Article
        Amoco unit studying feasibility of Java plant
        85 5 AMOCO CORP said its Amooo Chemical Co unit i|itcd to study the feasibility of a US$2OO million plant on Java, that would make the raw material for polyester fibre, film and plastic containers. Amoco said it would hold a 50 per cent interest
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      • Article
        Sunningdale cuts RHM stake
        104 5 SIR JAMES Goldsmith's Anglo Group pic said Sunnihgdale Holdings Ltd has reduced its stake in UK food gropp Ranks Hovis McDougall pic (RHM) to 27.1 per cent from 29.9 per cent. Anglo has a 37.8 per cent stake in Sunningdale. The reduction in Sunningdale's stake follows
        104 words
      • Article
        Guinness buys Harp Lager
        94 5 GUINNESS PLC has acquired the 23 per cent shareholding in Harp Lager Co Ltd owned by Greene Kin| ft Sons pic for £6 million. The deal also involves the acquisition of Greene King's loan stock interest in Harp. The acquisition will mean Harp is now a
        94 words
      • Article
        Ultramar's Canadian acquisitions
        68 5 UK OIL group Ultramar pic said its subsidiary, Ultramar Canada Inc, had agreed to acquire the former Texaco refining and marketing assets in eastern Canada from Canada's Imperial Oil Ltd. Ultramar said the consideration, which will be payable in cash, will be finalised on completion. The assets
        68 words
      • Article
        Polly Peck appoints advisers
        60 5 POLLY PECK pic said it had appointed Morgan Grenfell ft Co Ltd and Chartered West LB Ltd as financial advisers on a possible bid from Polly Peck's chairman and chief executive, Asil Nadir. Mr Nadir, who holds 26 per cent of Polly Peck stock, is considering
        60 words
      • Article
        Record profits for retailers
        89 5 SUPERB SUMMER sale results mean West German retailers are heading for record profits this year, helped by soaring East German demand, a Bonn tax cut and West Germany's highest ever employment rate. "Our optimistic expectations (for this year's summer sales) were fulfilled completely," said a spokesman
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      232 5 I I I Excelsior Gardens I I Your Home In The East Coast I lf L Excelsior Gardens a delightful reflection of the high enjoy a picnic on the beach, cycle or leisurely walk by the sea, go Specially designed to exude warmth and pleasantness, ft life in suburban living.
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  • FINANCIAL NEWS
    • SMALL CHANGE
      • Article
        Daiwa to launch East Europe investment fund
        103 6 DAIWA Securities Co Ltd will launch a US$6O to US$lOO million fund to invest in firms in Eastern Europe in early October, a Daiwa official said. The fund will be operated jointly with subsidiaries of British fund management company Jnvesco MIM pic. The
        103 words
      • Article
        CFTC looks to global futures
        75 6 THE Commodity Futures Trading Commission will focus on breaking down regulatory barriers between US and overseas futures markets in coming years, CFTC Chairman Wendy Gramm said in an interview. Gramm, who was last month easily confirmed by the Senate for a five-year term after holding
        75 words
      • Article
        Commerzbank to raise capital
        51 6 WBST Germany's Commerzbank AG on Tuesday announced plans to raise 500 million Deutsche marks to help the bank expand its operations in Germany and elsewhere. In a statement, the bank said the planned issue of convertible non-vot-ing certificates would boost the bank's funds to 7.3 billion
        51 words
      • Article
        Thomas Cook to buy Deak Intl
        64 6 THE Thomas Cook Group, a wholly-owned subsidiary of Midland Bank pic, said it received approval from the US Federal Reserve Board to buy the US retail foreign exchange operations of Deak Intl Ltd. Deak's retail operations reported US revenues of USS3S million for the
        64 words
    • Article
      Local securities market on expansion track:survey
      323 6  -  By Quak Hiang Whai A RECENT SURVEY by the Singapore Foreign Exchange Market Committee has revealed that the local securities market is continuing to expand while other major financial centres are showing signs of reduced activities. The committee said the number of securities traders,
      323 words
    • Article, Illustration
      John Hancock acquires BA Life
      398 6  -  By Abdul Hadhi MAJOR AMERICAN insurance group John Hancock, which failed in its attempt to buy into broking firm G K Goh in 1988, has acquired almost all of Singapore's British American Life Assurance Co Pte Ltd (BA Life). As part of the deal to
      398 words
    • Article
      Bank of Thailand against entry of foreign banks
      290 6 THE BANK of Thailand has taken a firm stand against admitting foreign banks into Thailand for the time being and has adopted the policy of promoting maximum competition among local financial institutions, The Nation has reported. Senior central bank officials also said
      290 words
    • Article
      Lock icon Chemical Banking to raise provisions
      217 6 Reuter CHEMICAL Banking Corp will add more to its provisions for loan losses in the second half of 1990 than in the first half and its problem loans will rise, reflecting a continuing softening economy, it said in a filing with the Securities and Exchange
      Reuter  -  217 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
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  • THE REGION
    • Article, Illustration
      Lock icon Call to pressure EC on farm subsidies
      417 7 AFP US Agriculture Secretary Clayton Yeutter called for broad support yesterday to pressure the European Community (EC) to abandon its policy of farm subsidies. "We don't see any redeeming quality in subsidies," Mr Yeutter said in Kuala Lumpur, adding that distortions in agricultural
      AFP  -  417 words
    • Article
      Lock icon Indonesian economy grew 7.4pc
      214 7 AFP INDONESIA overcame the threat of heavy foreign debt burden aad weak oil prices last year to register a robust 1A per ceat economic growth. The prime mover of such a growth was the increasingly aoa-oil and gas exports/* Prestdeat Suharto yesterday said, adding that the
      AFP  -  214 words
    • Article
      Lock icon Carder sues Indonesian firms for counterfeit
      203 7 Reuter FRENCH FASHION house Cartier, saying copycat producers are ruining its image by selling fakes even in Indonesia's smartest boutiques, took eight firms to court yesterday. "Shops shamelessly sell Cartier-labelled watches, glasses and leather goods supplied by local producers which are sometimes not even
      Reuter  -  203 words
    • Article
      Lock icon Manila senate passes proposal to freeze debt
      249 7 Reuter THE Philippine Senate on Wednesday approved in principle a resolution asking President Corazon Aquino to negotiate a 30-month moratorium on payments on the country's US$26 billion foreign debt. The Senate resolution was passed on second reading and still requires a third vote.
      Reuter  -  249 words
    • NOTE BOOK
      • Article
        Jakarta urged to end segregation of Chinese
        111 7 INDONESIAN Defence Minister Benny Murdani called for, an end to social segregation of ethnic Chinese in Indonesia, saying a wealth gap between them and the indigenous people' was partly caused by such division, press reports said yester*' day. "We did build such dividing
        111 words
      • Article
        KL's shortages a deterrence
        66 7 THE SHORTAGE of skilled and unskilled workers and the] lack of industrial land in Malaysia will affect investor' interest from Taiwan, a Taiwanese entrepreneur said o< Wednesday. Mr CY Lin, president of Chunghwa Picture Tubes Ltd, said that in view of the problems, Taiwanese investors were
        66 words
      • Article
        Sabah's trade surplus falls 12pc
        62 7 SABAH's trade surplus fell by 12.2 per cent to MsBl3.> million in the first five months of this year from Msl,oS£.9> million in the same period last year, the Statistics Depart-, ment reported on Wednesday. The M5245.4-million drop in the surplus was caused by the
        62 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      43 7 Terraced and Semi-detached factories. Built-in area (approx) 4,530 sq.ft. to 755Q sq.ft. Land area (approx) 4,800 sq.ft. to 12,800 sq.ft. FREEHOLD Attractively priced from M 5300,000- onwards. Please call Singapore Sole Marketing Agent: Buyer to call Mr Lea Tel: *****33 or page *****68
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    • Advertisement
      Page 7 Advertisements Column 2
      185 7 H* I i v r m mm L, a; 11 J| bt« 1, k^dHHH^nniißiMdiiie^Sßg f g ---~---iyi,tH'm'''»> v'!^^^^^^ra^ffirf L "K l ''tf.i3i f aP fi Bi i lEsl aft I Hffa L^J WTW^TtiB JBflß /loHi 3SH^9l^^Bfl^H rifv KAjK r fi l \ii M oll^H k^T^——*— |Br' While weta certainly equipped
      185 words
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  • THE WORLD 1
    • Article
      Lock icon Row over 'monopolies' may flare up again
      355 8 FT A DISPUTE between the US and Japan over the country's corporate groupings and their alleged monopolistic behaviour could resurface following the release of a Japanese government statement praising the efficiency of these corporate families. Japanese corporate groupings, or keiretsu, were high on
      FT  -  355 words
    • Article
      Lock icon Companies tap staff creativity
      469 8 Asahi AS MORE Japanese companies seek out new business ventures, a growing number of them are attempting to tap into the creative abilities of their workers by conducting job transfers through an internal recruitment system. According to Kozo Hino, president of 02 Japan, a firm that
      Asahi  -  469 words
    • Article, Illustration
      Lock icon E German govt in crisis after ministers sacked
      310 8 Reuter EAST GERMANY'S fragile coalition government, plagued by economic problems on the road to unity with West Germany, faced another crisis yesterday after conservative Prime Minister Lothar de Maiziere sacked two ministers from his Social Democrat (SPD) partners. De Maiziere cited incompetence
      Reuter  -  310 words
    • WORLD WATCH
      • Article
        US automotive production plunges
        82 8 AUTOMOTIVE OUTPUT dropped sharply and stalled overall industrial production in July. The Federal Reserve in Washington said on Wednesday that while overall output was unchanged from June, "excluding motor vehicles, industrial output rose 0.2 per cent last month, about the same rate of growth that has
        82 words
      • Article
        Privatisation rather slow
        72 8 BRAZIL'S privatisation programme is expected to make only US$2 billion this year, US$5 billion short of previous forecasts. The head of the programme, Eduardo Modiano, said on Wednesday that the earliest sale, originally planned for June, would be delayed until December. President Fernando Collor is expected to
        72 words
      • Article
        Drop in reserves
        103 8 PAKISTAN'S foreign exchange reserves fell sharply to 7.89 billion rupees in July from 10.40 billion in June. The State Bank of Pakistan said yesterday that reserves totalled 5.50 billion in July 1989. Reserves in June were at their highest level of the financial year 1989/90, the bank
        103 words
      • Article
        Bush gives go-ahead
        72 8 PRESIDENT George Bush on Wednesday issued an order allowing the Export-Import Bank to operate its loan guarantee and credit programmes in East Germany. Bush's order waived the so-called Jackson-Vanick law that is generally used to set criteria for granting the most favourable US trading relations with other
        72 words
      • Article
        More capital spending
        113 8 CAPITAL SPENDING by Japanese corporations in plants and equipment will grow by 16.4 per cent on a construction basis in fiscal 1990 compared with a year earlier. A survey by the Nihon Keizai Shimbun yesterday said the corporations' capital spending plans for the fiscal year ending in
        113 words
    • Article
      Lock icon Peace with Iran set to strengthen Saddam's hand
      1005 9 Impact of Iraq's invasion of Kuwait NYT IF IT LASTS, the peace settlement that began developing Wednesday between Iraq and Iran could significantly prolong the stay of US troops in the Persian Gulf. Iran is the natural counterweight to Iraq in the
      NYT  -  1,005 words
    • Article, Illustration
      Lock icon Oil analysts given the slip
      607 9 Reuter ON THE evidence of history, crisis in the Middle East ought to mean higher petroleum prices. Short term, perhaps. But it may be wrong to bet that Iraq's invasion erf* Kuwait signals a long-term shift to escalating energy costs. The consequences of the present
      Reuter  -  607 words
    • Article
      Lock icon US outlines plans to replace lost oil supply
      453 9 AP US ENERGY Secretary James Watkins on Wednesday outlined oil production and conservation proposals that he said could, by the end of the year, replace up to 90 per cent of the supplies lost because of the Iraqi invasion of Kuwait. Half
      AP  -  453 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      182 8 I It's a sin not to. If you're thinking about picking an Apple, or if your first one was so good you want another. the time is ripe. Because if you buy any of the Apple Macintosh 11 family of systems', Apple LaserWriter NT, NTX laser printer or SE/SE 30
      182 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      199 9 ILabuan I A new international business centre I A FORUM FOR SENIOR EXECUTIVES OF MNCs, BANKS AND OTHER FINANCIAL INSTITUTIONS. Labuan has generated tremendous interest amongst business groups and it you are one of them, this forum will be of interest to you. What does Labuan have to offer? What
      199 words
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      Page 9 Advertisements Column 2
      26 9 -iigw:.. iESSSSZa v S.T. Dupont Invites You To Discover Their Ready-to-Wear Collection For Men. PARIS #02-07 WISMA ATRIA, 435 ORCHARD ROAD, SINGAPORE 0923. TEL 734 5593
      26 words
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  • Article
    Too fast for comfort
    514 10 EDITORIAL XHE FINDINGS of the Richard Ellis survey of world office rentals are a sobering reminder of how fast and igh rentals have gone up in Singapore. Unless the Gulf crisis takes a drastic turn for the worse, the high office rentals are likely to be
    514 words
  • WHAT THE OTHERS SAY
    • Article
      Too much, too soon?
      266 10 THE near-universal howls of protest over the oil companies' decision to raise petrol pump prices by some 10 per cent is clear proof that Singaporeans regard this a major shock. But having lived so long with oil prices being regulated by the Government deregulation is, after
      266 words
    • Article
      Honest answers, please
      134 10 THE Gulf crisis and its implications are upon Sin- gaporeans. Oil companies have raised their petrol prices. But, the question to ask is, why the hasty and hefty increase? What was the formula used to determine the rise? The oil companies owe it to the public to
      134 words
    • Article
      The Swiss example
      141 10 THE fact that Singapore leaders had cited the fate of Kuwait as a warning to Singaporeans does not mean that the republic sees itself as the Kuwait of the region. But that country's fate should serve as a timely reminder that peace should never be taken for
      141 words
  • REGIONAL VIEWPOINTS
    • Article
      Letting the money in
      201 10 WHILE the Japanese are not among the best-loved and their aggressive inroads into the economies of Asian countries can sometimes cause others to feel threatened, many of these states aspire to share in the rewards of Japan's vast wealth, a hope which is already being fulfilled
      201 words
    • Article
      Alarm bells are ringing
      134 10 FINANCIAL and commodity markets are now flashing warning signals that trouble lies ahead for the Japanese economy and financial system, and indeed for the other two North Asian economic powerhouses, South Korea and Taiwan. The Bank of Japan and the Ministry of Finance are all too
      134 words
    • Article
      Calling the bluff
      179 10 SOUTH Korea is in such a strong position that it could unilaterally declare its border with North Korea open for an indefinite period, allowing its citizens to go North if they wish, or North Koreans to enter South Korea. President Kim 11-sung would almost certainly reject an
      179 words
  • Article, Illustration
    Lock icon Oh, what an unlovely war
    847 10  -  When Israel bombed the Iraqi nuclear reactor near Baghdad in 1981, the world cried foul and the Arabs, the West and Soviet Union hurried to re-arm Iraq. But who will now guarantee that Saddam Hussein will not carry out or threaten a nuclear strike? A
    NYT  -  847 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      242 10 HP Vectra 486/25 power and performance has just become irresistible. Now it's easier than ever to support, makes the HP Vectra running at 25 MHz clock rate start ei\joying the benefits of 486/25 virtually irresistible. 8 Extended industry standard Anew lecture (EISA) slots (IBM PC/AT com the HP Vectra 486/25.
      242 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      50 10 DOONESBURY BY GARRY TRUDEAU t A* YOU KNOW, THE COUNTRY t onrr MY 111 ISNOHJEMJKN6A OOMPIST3 KAPY' K7755 OMEN- THEREfLitrn BREAnKMN IN AREA f£7£s- FORE, OURIEMXNGNSTTTUTICNS.KA MAKING MATTER pSv IHff M* ~KD THE WE STAFF MEMOEROFTHEI&RJN6 COMMIT- wrT< HERMO& OFPUE- a o CCOCE? i TEE, IWZ «AP A FKONT BCUJ
      50 words
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  • ANALYSIS
    • Article
      Lock icon 'It's my street stall, I charge what I want'
      1037 11  -  The food distribution system in Poland is seen by economic planners as a success story, an area in which private enterprise has seized a big share of the market. Still, the transition in Warsaw and many of the outlying cities has
      NYT  -  1,037 words
    • Article, Illustration
      Taipei tangos with reform
      1017 11  -  It does sound farcical, but Taiwan is pressing ahead with its ambition to become an international financial centre, never mind China's efforts to isolate it diplomatically. Mechanisms such as lower entry requirements for foreign banks are being put in place. Its stockmarket's casino image has been
      1,017 words
    • Article, Illustration
      The party's over — at last
      873 11 The party's over at last NOT TOO long ago, when share prices were soaring, Taiwan, which calls itself the Republic China (ROC), was living up to its new nickname: the Republic of Casinos. At its peak, an estimated one in every five Taiwanese played the stockmarket. "It was a wild
      873 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      79 11 UP TO 6096 ON ALL MISSONI, AUSTIN REED, PRINCIPE BY MARZCmO, MR. VAN SUITS FROM $780 ONWARDS JACKETS FROM $390 ONWARDS SHIRTS FROM $75 ONWARDS TROUSERS FROM $150 ONWARDS TRAVEL WEAR FROM $128 ONWARDS TIP BET.T $44 CUMMERBAND $112 POLO-SHIRTS $58 (DISCOUNTED PRICE) EXCLUSIVELY AVAILABLE AT 03-18 DELFI ORCHARD 402
      79 words
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  • FOCUS
    • Article, Illustration
      Lock icon Aussies await outcome of privatisation debate
      842 13  -  Privatisation is on the lips of not a few governments from Latin America to Australia. Singapore is no exception. Down Under, a major decision will be taken next month on whether to end a longstanding ban on the privatisation of major public companies and
      IHT  -  842 words
    • Article
      Lock icon Uncertainties beset privatisation in Turkey
      678 13  -  Jim Bodgener FT vPTl URKJTY'S privatisaI tion programme has A had a short but chequered history since its i launch in the early 1980s. It been promoted as a key component of the free-mar-n»|et policies of the new civil•tian government of the "ihen-prime minister, Mr
      FT  -  678 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      25 13 RAP rtnq WHh esttbdshed Wgh-tech product Ine and new product designs seeks eddlsonai capital to Anance further development and expansion. Pl* contact: 747-2902 Attn.: Helena
      25 words
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      Page 13 Advertisements Column 2
      186 13 IS THE 5 UNIQUE BENEFITS FORM TION OF TWO RADICAL THE COMBINATION Jk JLj» A metal woods placed among the "100 ten* scores in all PGA Senior Tour events we^i g that hasbem 0^ e ntU m Transfer' mean^ golfers "feel" flows from the hands to PPW T*S V% A
      186 words
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  • SPORTS 1
    • Article, Illustration
      Lock icon Volvo seeds fall to unknowns
      734 14 Agencies TOP PLAYERS at the Volvo International tennis tournament in New Haven have found that being seeded doesn't provide much of an advantage. Top-seeded Ivan Lendl was the first top player to leam the lesson when he lost on Tuesday. Third-seeded Brad Gilbert and fourthseeded
      Agencies  -  734 words
    • Article, Illustration
      Lock icon McEnroe makes comeback... yet again
      461 14 AP IF IT'S AUGUST, John McEnroe must be making another comeback Indeed, the beleaguered New Yorker is trying to whip his body and spirit into fighting form in time for the US Open beginning on Aug 27 in his hometown of New York. But McEnroe's
      AP  -  461 words
    • Article, Illustration
      Lock icon Seles serves up powerful victory
      291 14 AP SECOND SEED Monica Seles rode a high-powered serve to a 6-2, 6-2 victory over Audra Keller on Wednesday in third-round action at the Virginia Slims of Los Angeles tournament in Manhattan Beach. A Seles ace that won the seventh game of the first set
      AP  -  291 words
    • Article, Illustration
      Lock icon Ottey closes in on record
      443 15 AP MERLENE OTTEY of Jamaica became the second fastest woman ever to am the 200 m, powering within 0.32 seconds of Florence JoynerGriffith's world record in Zurich on Wednesday. Ottey's combination of power and grace was the lone highlight at Weltklasse, the Grand Prix circuit's
      AP  -  443 words
    • Article
      Lock icon New priorities for Pat Bradley
      177 15 AP PAT BRADLEY won't get obsessed anymore. At least not about golf. Bradley, the Player of the Year in 1986, was easily on her way to reaching 30 victories, the requirement for enshrinement in the LPGA's Hall of Fame. But in 1988, she was diagnosed
      AP  -  177 words
    • SIDE LINES
      • Article
        Northamptonshire through to final
        86 15 A MAGICAL INNINGS by David Gower was not enough to stop Northamptonshire scraping through to the NatWcst Trophy final with a breathtaking one-run victory over Hampshire at Southampton on Wednesday. When Mark Robinson Parted the final over in near darkness, Hampshire at 279 for eight needed
        86 words
      • Article
        Record no-hitter for pitcher
        46 15 PHILADELPHIA PHILLIES pitcher Terry Mulholland pitched the record eighth no-hitter of the year in Philadelphia on Wednesday as his team beat the San Francisco Giants 6-0. Mulholland's no-hitter broke a major league record of seven set in 1908 and matched in 1917.
        46 words
      • Article
        Gloomy forecast by Puma
        106 15 SPORTS GOODS MAKER PUMA AG Rudolf Dassler Sport has said that it will probably not make a profit this year, reversing its June forecast of a turnaround this year after last year's break-eveuresults. Delivery capacities were currently impaired due to a large fire at the production
        106 words
      • Article
        English joins Mavericks
        83 15 ALEX ENGLISH, the leading scorer in Denver history and eighth highest in NBA history, signed a US$l.5 million contract on Wednesday with the Dallas Mavericks, who hope the 14-year veteran can give them some offensive firepower off the bench. English signed a one-year deal with an option
        83 words
    • Article
      Lock icon Cooper leaving Lakers for Italian team
      223 15 AP MICHAEL COOPER, the graceful defensive specialist who was a key player in five NBA championship teams in the 1980s, parted company with the Los Angeles Lakers cm Wednesday to seek a new basketball career in Italy. Lakers assistant general manager Mitch Kupchak said
      AP  -  223 words
    • Article
      Lock icon Broadway man is Yankees' new boss
      406 15 AP THE NEW YORK Yankees, long accustomed to George Steinbrenner's theatrics, should have no trouble adjusting to their new boss: Broadway producer Robert E Nederlander. Steinbrenner chose Nederlander on Wednesday to succeed him as managing general partner, and the Yankees' limited partners approved the
      AP  -  406 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      97 14 S »V-1 l Anyone who has been a passenger on our Royal First Class or Royal Executive Class will know what royal treatment is like, and it's not just because of tbr spacious cabins and wide comfortable seats. It's the natural warmth and gracious hospitality of our inflight service that
      97 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      131 15 SINGAPORE INDONESIA CONTAINER FREIGHT AGREEMENT (SICFA) NOTICE TO SHIPPERS Due to continuing Increase In cost Involving the new port tariff In Indonesia, bunkers, ships' operating costs etc. and In order to defray some of these Increased cost, members are now compelled to adjust the ocean freight as follows: 1) For
      131 words
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      Page 15 Advertisements Column 2
      206 15 i^^t/^g/ggggggggggg/gggggggSjgg^ Prnlseehan TPm Go* Ch+ C~m*m <■ f m iLi .*> ■c f <tr f m *g I -c f 3 I ir| I f 0 a ®9 M q Legally speaking you may never be able to control which way the stock market moves. But at least with Pinseeker
      206 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      240 16 WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE AND ENTERTAIN... WHERE TO WINE, DINE..: ITALIAN MASTERPIECES AT PRE G O! Take your taste buds on a delightful journey through the inspired Italian dishes of the renowned chef, Paolo Verzeni. Try his award-winning specialties at Prego from August 13
      240 words
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      Page 16 Advertisements Column 2
      375 16 DELICIOZO HYATT Mama Mia! Pete's Place introduces more exciting gastronomic treats for alf lovers of Italian food SOUP AND SALAD Light eaters can now select from a variety of four homemade soups and help themselves to our ever popular salad bar. $10.50* EARLY BIRD SPECIAL A complimentary bowl of salad
      375 words
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      Page 16 Advertisements Column 3
      277 16 Celebrate with an unbeatable 25* Discount on all a-la-carte dishes at the Seafood-Theatre Restaurant. J Feast on a dazzling selection of Cantonese-Thai delicacies, from Spicy M Seafood Combination to Braised Beef lendon, all prepared to perfection with the choicest ingredients. Kv Offer Valid: For Lunch Only On Saturdays 4 Sundays
      277 words
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      Page 16 Advertisements Column 4
      328 16 I —Stay cheese to —< i I SWISS 11 The Swiss have such wonderful ways with cheese. Savour thrro and more at The Belvedere's Swiss Buffet this month. p. SWISS BUFFET LUNCH 4 |> August 1 31, Noon 2.30 pm S Adult: $36++, Child below 10: $18++ 4 K We
      328 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      481 16 TELEVISION AND RADIO A*l •A 1 A 1®^ —wpyrrrrr Choice). 4JS N Tahaa a IMaf —To Steal A m teiueec !^IP^ political storm gftLagif »a En..-. 'JISHIiL:* The Delicate Balance (pP 3) Choice, cartoon). US fiaOdag (Cartoon). 7.lfMn, 12S—, IJM, in mm dca s w th multi-racial and 11Jf R#eh
      481 words
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  • LIFESTYLE
    • Article, Illustration
      Lock icon From wine to water
      702 17 French drinking habits showing marked changes NYT THERE IS a water shortage in much of France this summer thanks to a three-year drought, but in Paris it seems that only Badoit is affected. Badoit is a popular mineral water and since the recent spell of record-breaking
      NYT  -  702 words
    • Article
      Calling all talented actors, singers and dancers
      182 17 AN AD agency that was in the news recently for its unique technique of recruiting staff is planning a two-hour original musical production. Henen Advertising, which is strong on original ideas and techniques, is, however, short on good acting staff for its 20-strong
      182 words
    • Article
      First, he was Lenin, now he's Gorbachev
      500 17 AN ACTOR who played Soviet founder Vtatimftr Lenin on the stage will portray Mikhail Gorbachev in an upcoming US film. Vladimir Troahla of the Moscow Khudozhestvenny Theater will portray the current Soviet trader in the film Final Warning, the newspaper Moscow News reported
      500 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      178 17 AND ENTERTAIN ifi High Fashion At High Tea. Every Saturday, High Tea is highly fashionable at the Fountain Lounge. With a fashion show featuring some of Singapore's top models and best fashion. P A® Century Park Sheraton Singapore 16 NASSIM HllL, SINGAPORE 1025. TEL: 732 1222. CENTURY PARK SHERATON IS
      178 words
    • Advertisement
      Page 17 Advertisements Column 2
      253 17 NOTICE NOTICE IS HEREBY GIVEN that, I Tai Yow Wah Tai Kok Wah of Blk 27, Telok Blangah Way #13-1024 Singapore 0409, have applied for a First Class Beer House Licence in respect of premises at M/s Win Feng Enterprise Pte Ltd at 133, New Bridge Road, #81-01, China Town
      253 words
    • Advertisement
      Page 17 Advertisements Column 3
      239 17 NOTICE NOTICE IS HEREBY GIVEN that, I Urn Kok Chen of Blk 774 Yishun Avenue 3 #10-179 Singapore 2776, have applied for a Public House First Class licence in respect of premises at M/s Han Garden Restaurant at 906 Upper Bukit Timah Road Singapore 2367, and that this application will
      239 words
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      Page 17 Advertisements Column 4
      176 17 TRADITIONAL *1 M PS JG\NTONESE M c DIAN XIN IN TOWN I I E fe?SiiS!SISSS«cSSnuBL I T^S^^^^TCOURS^elicacikl k fit 9 BONUS ITEMS I /grw J Enjoy the following bonus Items now! <D Free tea refreshment UIIIUIIHWWBBB*!® Free-flow of stout A beer 111. ASSORTED COLO CUTS S <3> Suntax 35mm camera
      176 words
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  • STOCK EXCHANGE OF SINGAPORE 1
    • Article, Illustration
      GenMag's debut gives a boost to volume
      4560 18  -  By Abdul Hadhi NEW LISTING General Magnetics kept up trading levels on the Singapore stockmarket yesterday. The counter, which made its debut yesterday, was the most active stock, trading on a volume of 14.26 million units. It closed at $1.22 against its issue
      4,560 words
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  • Article
    STOCK EXCHANGE OF SINGAPORE 2
    4156 19 Main Board DBS Foreign 1190 30 +2.6% Asia Pacific 895 20 2.3* OUE 705 20 2.9* Semb Shipyard 570 20 3.6* OUB 462 +18 +4.1* Hind Hotels 170 +17 +11.1* Isctan 50* 690 +15 2.2* Spore Bus 500 494 +14 2.9* Spore BusF 500 494
    4,156 words
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  • BT SHARE INFORMATION SERVICE
    • Article
      AUDITED RESULTS
      177 20 Tmninj Mt Ymt «rw» Nat PW ean*gs6rw mm to prallt/toM (L) 9* star* <M4nad ('000) (cMto) Sonata to Aaf 14 Mar 90 $3,537($5,87tt) MTP HUp Am| 3 M* 90 $2,334($2,754l) 2 6(—) JC-MPH Auf 3 Mar 90 $15,408(812,840) 8.5(7.1) 10h(3) Marata M 27 Mar 90 18,3091(20.9251) 94.2(107.2) 30(30
      177 words
    • Article
      PRELIMINARY RESULTS
      164 20 CMpMqi Bate YMr tmp pn-tn N«t Mraings Gms mm to prvfft/tou (L) par slurt dhrldwd ('OM) (cMts) Sal Or* Aug 10 Mar 90 M$2.452(M$164l) 2(1) Mm loo* Aug 8 Mar 90 M$9.855(M$7.742) 15.5(11.8) 10(10) MC8 HMgj Aug 8 Mar 90 M$1.304L(M$1.914) 2.5(3.5) StraiNfe A* 8 Mar 90 HK$30,940($74,410)
      164 words
    • Article
      INTERIM RESULTS
      301 20 CaapMjr Bait Nalf-yMr Cravp prt-tax hrtwtan mm to praM/tott (L) 4hMmi cm) out Aug 16 Jun 90 $13,289($6,830) 6(4) OUT Am 16 )un 90 $4.049(J2,835 4(4) Hm Par Aug 15 Jun 90 $19,187(114,963) S«( In* Fin Aug 15 Jun 90 $8,424 ($7,505) Tiger Battn Aug 15 Jim 90
      301 words
    • Article
      CORPORATE DEVELOPMENTS
      484 20 Aug 15 Bancaft international plans to expand m Thailand and Malaysia within the next few months. Ghie is building its first process development facility outside Britain in Singapore. The $24m technical centre will be in Jurong. adiacent to its production facdrty, Glaxochem. Lembaga Tabung Angkatan Tent era has
      484 words
    • Article
      DIVIDENDS ANNOUNCED
      556 20 Cwwt Ex Inki Date Titalhr TaMfcr WHt date d*M MyaMa tta yaar last yaar Nei rtdp 6* Aug 28 Sep 7 Sep 26 6% 6* MOB 2.51 Sep 14 Sep 28 Oct 27 15% 2* MM 10% Sep 21 Oct 5 Nov 1 10% 1 -5%(»> Mm 7.5%TE(I)
      556 words
    • Article
      RESULTS DUE
      330 20 Stag*** Stocks Last Fri Y«ar C«9»q NM DaM Tor him Oat W Mr« I'WC I mm Hal Menu Mar 30 Ok 89 S3SL(k) OB Manm Apr 26 M 90 9.3(a) 2 311(a) 4.747 Tal Lm Franc* FraJ Jm 1 Ok 89 113 8.0 2.206 FM Manm Mi 23
      330 words
    • Article
      APPROVED ISSUES
      366 20 Company Rights Issue KMa Krfas (KM) Often tor nit by or on behalf of Utd Enpmers (M) Bhd of 25.2m shares by way of i nghts offer to entitled shareholders of KK on tot bass of tour tor-one MSI 25 each b-datc Jul 20 Books dose Aug 3
      366 words
    • Article
      BONDS, LOANS & WARRANTS
      653 20 BONDS, LOANS WARRANTS CWMnlMP«M CBNNNlMtMlfcr C»C Nt Bitot 26/4/S3 1 warat ptos C M ca* I CaaewayNI 2/10/89 to 20/10/94 fwarant ptos $1 cs* a 1 mm* ptos J $1 nonanal amount ot laa stock. Qmm H* Mn -5 CImmMp Ml Madt 87 to 31/12/91 1.55 warrals ptos >1.55 at
      653 words
    • Article
      PROPOSED ISSUES
      539 20 Company Rights Issue Man One-tor-tour fe MS2 00 per start. Causeway tov Caprtal reducton scheme to reduce par otue of shares from SI 00 to S0.G0; Afhts ssue of 3:2 JO 60 per share CUM One-tor-one MS4 00 per share. Every tow njhh shares would be ssued vwth
      539 words
    • Article
      COMPANY MEETINGS
      154 20 Carcbos Ltd: EGM at Singapore Hilton International, Indonesia Room, sth Floor, 581 Orchard Road. Singapore 0923 on Monday, August 20, at 10am. HIF takings Ltd: AGM at Mandarin Hotel, Mandarin Court A, 4th Floor, 333 Orchard Road, Singapore 0923 on Friday August 24, at 10am. lack Cfe IffH
      154 words
    • Article
      RECORD HIGHS & LOWS
      137 20 RECORD HIGHS LOWS BT Composite Index ST Industrials Index 1990 M(k: 1435.43 (16/7/90) 1990 W|k 1807.12 (27/3/90) 1990 Int 1209.24 (13/8/90) 1990 tar 1288-89 (13/1/98) 19S9 Nflr 1322.00 (28/12/89) 1989 H* 1487.78 (28/12/89) 1989 far 917.42 (4/1/89) 1989 Inr 1030.69 (4/1/89) 1988 M0t 1043 88 (8/8/88) 1988 ta* *****7 (8/8/88)
      137 words
  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      194 20 Take your First Bite with our at Singapore's First Apple Centre As AppleCentre-TechßizSystems PteLtd, we are here with Apple's seal of approval! In addition we have Apple-trained staff and training facilities to provide you better support, service and consultation than any other Apple reseller. See how easy it is to
      194 words
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  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Prices ease as investors get cold feet
      3771 21 Bernama, NST MALAYSIAN share prices closed lower yesterday with investors still lacking confidence in the market because of renewed concern over the Gulf crisis. The KLSE Composite Index fell 2.01 points to 566.71 while the Industrial Index was S.tS points lower at 1,107.17.
      Bernama,; NST  -  3,771 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      155 21 CKart anew course witK lEfvL vHHUHEm* jm^m^^mmi If you're in the manne business, charting a voyage to International Factors Marine (IFM) could be very valuable. It may even set you on a new course to greater prosperity, hazard-free sailing, and open up new horizons of opportunity. From ship financing to
      155 words
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  • TOKYO STOCK EXCHANGE
    • Article, Illustration
      Lock icon Nikkei closes lower on thin volume
      2233 22 Reuter TOKYO STOCKS closed lower yesterday after a day of increasingly thin volume. After early morning declines on heavy program selling, the market grew quiet with the indices sliding slowly as investors waited for fresh news from the Middle East and from world oil
      Reuter  -  2,233 words
  • STOCK EXCHANGE OF HONGKONG
    • Article, Illustration
      Lock icon Prices close firmer in cautious trade
      2384 22 Reuter HONGKONG share prices were marginally firmer at the close of trade yesterday after making up ground lost in an early sell-off sparked by a poor performance in Tokyo and profit-taking, brokers said. The Hang Seng index finished 5.02 points higher at 3,183.29. It
      Reuter  -  2,384 words
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  • REGIONAL STOCK MARKETS
    • Aussie gold, resource stocks end weaker
      • Article
        AUSTRALIA
        999 23 THE AUSTRALIAN sharemarket finished weaker yesterday after quiet trade, with the main features being weakness iirthe gold sector and major resource stocks. One broker said uncertainty ajftput the Gulf crisis was keeping most investors sidelined. The All Ordinaries index ended 5.3 points weaker at ti57.0. **One broker said there
        999 words
      • Article
        TAIPEI
        382 23 SHARE prices reversed early Hoses and finished slightly higher on glfllall investors' late buying yesterday, dealers said. The weighted index gained 54.79 points, or 1.3 per cent, to close at 4,303.28 compared with Wednesday's 4,248.49 finish. Turnover was NTSSI.4 billion against NT$52 billion. Dealers said some big players bought
        382 words
      • Article
        Untitled
        87 23 CIom Previous A«f IS SYDNEY All Ordinaries Index 1557.0 IS62.3 -3.3 All Industrials Index 2337.0 2336.6 +0.4 All Resources Index 951.5 960.1 -*.6 Turnover (million) 80.53 103.51 +22.98 BIWflKftK SET Index 934.13 909.58 24.55 Turnover (nearest *000) 75.924 44,909 31.015 JAKARTA Composite Index 585.15 584.16 0.99 Turnover (nearest *000) 4,150
        87 words
      • Article
        JAKARTA
        593 23 THE JAKARTA Stock Exchange was unusually active for the second day yesterday, with the index recovering Wednesday's losses to close up 0.99 point at 585.15 on turnover of 4.15 million shares. Cigarette maker Sampoerna was once again an attention grabber. On the big board which trades blocks of 10,000
        593 words
      • Article
        BANGKOK
        693 23 BANGKOK SHARE prices moved sharply higher in heavy speculative buying yesterday but brokers said it was a technical rebound which would not last as the situation in the Gulf was still unstable. The composite SET Index rose 24.55 points to close at 934.13. Advances led declines 141 to 28.
        693 words
      • Article
        NEW ZEALAND
        357 23 NEW ZEALAND shares ended steady yesterday with limited activity distorting movements in the Barclays index. "It looks okay in the short term but I think people are sitting back and waiting for developments in the Middle East," Baden Carter of Ord O'Connor Grieve said. The Barclays index estimate,
        357 words
      • Article
        Untitled
        285 23 la local cwieac} la S$ la US$ %day year day year day year Aag IS lade* cfcaag c dmm Wortd 397.8 1.9 -14.4 II -17.3 15 -12.5 $EAFE 543.4 13 -20.2 3.4 -21.6 3.8 -17.0 Europe 415.1 0.5 -7.9 1.1 -1.6 1.5 4.1 Pacific 917.3 3.8 -27.6 5.3 -318 5.7
        285 words
      • Article
        SEOUL
        763 23 SEOUL STOCKS could not be shaken out of the Gulf crisis doldrums yesterday, despite some buying by the market stabilisation fund, and were further depressed by reports the government might delay opening the market to foreigners. Brokers said the composite stock index dropped another 7.27 points to 625.03, with
        763 words
      • Article
        MANILA
        497 23 PHILIPPINE SHARES finished narrowly mixed in quiet trading yesterday as some early buyers sold stocks for profits before the close. The Manila Stock Exchange composite index inched up 0.47 of a point to settle at 844.33. Firmer gold and copper prices buoyed mining shares, but losses in commercial/industrial blue
        497 words
      • Article
        BOMBAY
        41 23 BOMBAY SHARE prices ended mixed yesterday after a bullish opening triggered scattered profit-taking on rumours of a possible increase in petroleum prices. The Bombay Stock exchange index fell 4.47 points to 1,088.08. But the national index gained 6.35 to 561.30.
        41 words
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  • WORLD STOCK MARKETS
    • Small gain for Dow in quiet session
      • Article, Illustration
        NEW YORK
        961 24 US STOCK prices, dogged by uncertainty over the Mid-east conflict, fresh signs of a sagging economy and a recent sharp decline in the dollar, managed to eke out a small gain in a quiet session on Wednesday. The Dow Jones industrial average rose 0.50 point to close at
        961 words
      • Article, Illustration
        LONDON
        837 24 LONDON SHARES were around their opening levels in late afternoon trading after Wall Street came off its early highs, but dealers said volume continued very low on Wednesday. Trading was dominated by ICl's early placing of its near 25 per cent stake in independent oil producer Enterprise. "If you
        837 words
      • Article
        Untitled
        83 24 Aug 15 CIom PrcvtoM NEW YORK Dow Jones 2748.27 2747.77 +0.50 NYSE Financial 132.19 131.93 +0.26 SAP 500 340.06 339.39 +0 67 Turnover (million) 135.21 130.32 +4.89 LONDON Financial Times 30 1748.20 1742.60 5.60 FTSE 100 2239.30 2234.0 5.30 Turnover (million) 538.9 250.6 288.3 AMSTERDAM CBS General 187.50 186.20 +1.30
        83 words
      • Article
        JOHANNESBURG
        316 24 JOHANNESBURG GOLD shares steadied at slightly firmer levels during a quiet morning session yesterday after Wednesday's sharp retreat from their highs. At noon the JSE all-gold index was up slightly at 1791 after advancing to 1812. It had plunged over 100 points to 1774 on Wednesday when the gold
        316 words
      • Article
        MILAN
        165 24 SOME BUYING emerged after a quiet start and helped lift prices on the Milan market yesterday, although business was still unusually subdued for the last day of a trading month, brokers said. The buying came mainly from position squaring by those who were still short, although some dealers said
        165 words
      • Article
        TORONTO
        194 24 TORONTO STOCKS closed mixed on Wednesday after trading within a nar- row range, dealers said. Developments in the Middle East had little effect on the market, they added. "The market, all in all, is taking the whole thing with a yawn," said analyst Ivar Liepins. The composite index climbed
        194 words
      • Article
        FRANKFURT
        194 24 WEST GERMAN share prices ended moderately lower in thin bourse trads yesterday, with investors waiting fos more news from the Gulf to provide them with direction. With the negative influence of the Gulf crisis in the fore* ground and the economic problems of East Germany in the background, sham
        194 words
      • Article
        AMSTERDAM
        242 24 THE GULF crisis kept a lid on yesterday's midday trading in Dutch shares as investors waited for more clarity on possible effects of the Gulf crisis, dealers said. The market was slightly lower in line with other European centres. At 1145 GMT the CBS all-share index was 0.2 points
        242 words
      • Article
        ZURICH
        254 24 SWISS SHARES traded steady at midsession yesterday. Dealers said volume was light as investors were reluctant to open new positions in the light of what was happening in the Gulf. The all-share SPI index stood at 1,088.4 points, eight points above its earlier low and 0.7 point higher than
        254 words
      • Article
        BRUSSELS
        112 24 BELGIAN SHARES opened narrowly mixed in low volume trading yesterday. Dealers said the continued absence of some operators after Wednesday's national holiday was compounding hesita- tion caused by the Gulf crisis. Brussels A* 14 Fraacs FORWARD MARKET Acoc 3345 +45 Arbcd 4600 +100 Astur 1130 +100 Brascan 532 -8
        112 words
      • Article
        PARIS
        160 24 FRENCH SHARE prices hovered near the day's highs in midday trade yestef* day but dealers said the market wm swimming in lethargy. "All the stuffing's been knocked out of Paris," oqs dealer said. "Volumes ate tiny, mog people are on holiday and frankly I'm surprised the market is up
        160 words
      • Article
        Untitled
        45 24 Vienna Aag 14 Aadi Ak| Holding 4920 50 L Alteon (PreO ***** -500 Jungbunzi jl ***** +30 Lacndcrbank (PreO 738 =t7 Lcnzing 1560 uoch Lcykam 620 +5 Montana ***** undi Ocstcrr. Brau 5350 Scmpcrit 154 +1 Stcyr 185 UAdh Vcitschcr 1025 +35 Source: Austrian Laenderbank
        45 words
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  • CURRENCY, MONEY & FUTURES MARKETS
    • Article
      Yen weakens on fears of higher oil prices, prolonged Gulf tension
      1206 25 FOREX MARKET REPORTS THE US dollar yesterday closed steady in Tokyo but off its highest levels after short-covering aimed at correcting sharp declines made earlier in the week, dealers said. The yen weakened on fears over higher oil prices
      1,206 words
    • Article
      INTERBANK FOREX RATES
      393 25 ••trass rates Aug >6 i i—i—| 3gf USS SS MS Dm Yen SFr A$ NZS 4(TT "OSS 1.7980 2.6950 1.5670 147.60 0.5277 1.3070 1.2392 1.6051 ot 0.5562 1.4989 0.8715 0.8209 0.2935 0.7269 0.6892 0.8927 MS 0.3711 66.72 0.5814 0.5477 0.1958 0.4850 0.4598 0.5956 yjm 0.6382 1.1474 1.7198
      393 words
    • Article
      MONEY MARKET
      555 25 Interbank rates SS Bid Offer Overnight 7 1/8 7 1/4 '1-flKMth 6 3/4 6 7/8 Z-month 6 3/4 6 7/8 ,|nMlh 6 3/4 6 7/8 .Qwrnight mode: 6 1/4 US$ Bid Offer '7 days 8 1/16 8 3/16 1 month 8 8 1/8 2 months 8 8 1/8
      555 words
    • Article
      FINANCIAL FUTURES
      1476 25 SIMEX ClMOOOUAf Open Hrgh Low Sett Est Vol Op/lnt Vol Sep 90 92.10 91H 9108 91W 2275 ***** 1789 Dec 90 92.24 92.24 92.21 92.21 7290 ***** ***** Mar 91 92.18 92.19 92.16 92.16 2070 5649 1945 Jun 91 91.97 91.97 91.95 91.96 259 1690 280 Sep 91
      1,476 words
  • Page 25 Advertisements
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  • COMMODITIES
    • Article
      Malaysia nets more than $15m from toll-refining
      340 26  -  By David Chew MALAYSIAN PALM oU refineries earned between M$lS million and Ms 36 million from toll-refining some 300,000 tonnes of Indonesian crude palm oil (CPO) last year. In toll-refining, the Malaysian companies will offer to refine the CPO for Indonesia in return
      340 words
    • Article
      Lock icon US to cease subsidising soyabean oil exports
      351 26 AFP, AP THE UNITED STATES has promised to stop subsidising its soyabean oil exports to India, China and the Soviet Union, three of Malaysia's biggest palm oil markets. Malaysia's Primary Industries Minister Datuk Dr Lim Keng Yaik said on Wednesday that US Secretary
      AFP,; AP  -  351 words
    • Article
      Tin price sheds another 9 sen to end at M$15.86
      793 26 REPORTS THE Kuala Lumpur Tin Market (KLTM) drifted lower in thin trading yesterday on continued selling pressure and poor fundamentals. The tin price fell another nine sen to M 515.86 per kg while turnover was reduced to 54 tonnes from
      793 words
  • Article
    PRICES
    1296 26 iiupoer Aug i6 ■M (hfc h >■*») Seaman Noon dot Int 1 RSS Prompt 156.*****.00N I56.2V157.25N Int I RSS Sep 90 IS6.2VIS6.7S I56.5<V157.00N Int I RSS Oct 157.00/157.50 I57.2VI57.75N Int 2 RSS OP I52.7VI54.73N IS3.OOmS.OON Int 3 RSS OP I44.2VIS0.2SN 148.50/150. SON Int 4 RSS OP 144.2V146.25N 144.50/146. SON
    1,296 words
  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      589 26 NOTICES NOna NOTICE IS HEREBY GIVEN that I Low Kim Leng of No 12A Lorong 14 Geylang, Singapore (1439), have applied for a wholesale liquor licence in respect of premises at M/s Premier Brands Distributors at 21 Kim Chuan Terrace, Singapore (1953), and that this application will be heard in
      589 words
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      Page 26 Advertisements Column 2
      701 26 IN TEE MATTES OP TO CMPANOB ACT, CAP. > TERRAY PRIVATE LOOTED (MMes(bars' Vetatary PINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 90 that a Pinal General Meeting of the Members of the abovenamed company will be held at 111 North Bridge Road,
      701 words
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      Page 26 Advertisements Column 3
      15 26 Read Chartpoint, a guide to investing in the stock market. Every Saturday in Business Times.
      15 words
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  • THE TRAVEL PAGE
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1007 27 Ctty nm n FHW ETD MaOteW GA976 OOIO 1 SR187 1955 GA890 2240 GA970 2255 I I SQ225 2215 i«ia RJ182 1445 RJ183 2320 fllllwd— KL835 1415 KL836 2115 SQ23 1810 SQ24 2200 QF16 1820 GA890 2240 SMI 0825 SQ24 22W QF16 1830 OA471 2205 AaddMd
      1,007 words
    • Article, Illustration
      Venice groans under a new burden
      715 27  -  LETTER FROM VENICE By Jill Serjeant THEY sleep on the coach on the long overnight drive from the East. They eat the sandwiches they brought from home on the steps of St Mark's Square and drink free from Venice's fountains. They are the new
      715 words
    • Article
      MONEY CHANGER RATES
      152 27 As at 3pm ytsterday: Load dollars to o«e unit of foreign currency Currencies Bid Offer Australian dollar 1.4370 1.4570 Canadian dollar 1.5550 1.5750 NZ dollar 1.0950 1.1350 Sterling pound 3.3900 3.4200 US dollar 1.7930 1-8030 Local dollars to 100 aaits of forefra cmrtmcy Austrian schilling 16.00 17.00
      152 words
    • Article
      WORLD TRADE EXHIBITIONS
      182 27 Duration Title Venue Organiser Td Duration Title Venue Td Sep 7-17 International Switzerland Schwcizcr Muster 61/686.20.20 Sep 25-30 International Spain Feria Muest- 6/*****00 p air Mustermcssc Furniture Fair rarto Interna Sep 10-16 International Spain Foirc 3*423.31.01 f K>nal TV Sound and Dc Barcdone Oct 1-12 Singapore Business
      182 words
  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      9 27 if )Nix>\ i: 1 I V_ y Air Canada
      9 words
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      Page 27 Advertisements Column 2
      330 27 NOTICES IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATT Eft OF ALL-SMOOTH TRADING CO PTE LTD NOTICE OF SPECIAL RESOLUTION FOR MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary GencraJ Meeting of All-Smooth Trading Co. Pte Ltd duly convened and held at 219 Rangoon Rd Singapore 0821
      330 words
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      Page 27 Advertisements Column 3
      361 27 NOTICE NOTICE IS HEREBY GIVEN that, I Heng Sai Huay of Block 23 Grange Road #07-25 Grange Heights Singapore 0923, have applied (or a Public House, First Class (extended) licence in respect of premises at M/s Round Midnight at 117 Killiney Road Singapore 0923, and that this application will be
      361 words
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      Page 27 Advertisements Column 4
      365 27 NOTICE NOTICE IS HEREBY GIVEN that, I Gota Fuat Chye of Blk 434, #04-87 Tamptaes Street 43 Singapore 1852, have applied for a Public House, 2nd Class Licence in respect of premises at M/s Cias Pte Ltd at #1341 World Trade Centre, 1 Maritime Square Singapore 0409, and that this
      365 words
  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      242 27 around say returned 5 across (5) 11 Beginning without money 15 I can be frightening (9) 13 To keep a check on care-down-to-earth individual CLJ —^^^5 17 Anger shown with one jiH Hi |Hl again! (3) 19 Meadow in which cattle |H|~J ways thrive HLJ^-L^—4|J— wrap (6) asm(9) f I
      242 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      208 27 Singapore Outlook: Showers over several areas ia the morning Report Max temp. 31.1"C Assoc humidity 75% Min temp..'. 25.2"C Assoc humidity 94% Hrs of sunshine 4.60 Rainfall in mm Tracc Rainfall this mth 117.5 Rainy days this mth 6 World forecast Asia-Pacific Hi/Lo* Cond. Auckland 16/10 Rain Bangkok 34/26 Showers
      208 words
    • Miscellaneous
      Page 27 Miscellaneous Column 3
      29 27 EgggTOfflEgiljl mc's so Busy i h*we>tt cl£R ical CQu w*l€KT Rs* &«V.WG OOT OF H,NI SOUI> *V CONF-^T/ JOMES RU.TMRT UJORK.... PW-W ■jS e %r&k SSt c WW rrvTsvoco.
      29 words
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  • Article, Illustration
    URA offers four sites for hotel development
    419 28  -  By Sangeeta Mulchand THE PLOT of land next to Amara Hotel was put up for sale by tender by the Urban Redevelopment Authority yesterday, together with three other sites earmarked for hotel development The 6,340 sq m site at the junction of Tanjong
    419 words
  • Article
    Lock icon Suharto promises tolerance
    262 28 AFP PRESIDENT Suharto has ruled out changing the Indonesian political system or returning to liberal democracy but promised greater tolerance for differences of opinion. In his State of the Nation address yesterday, Mr Suharto said reform and modernisation of Indonesian political life had started in the late
    AFP  -  262 words
  • Article
    Singapore leaders congratulate Indonesia
    156 28 PRESIDENT Wee Kim Wee has sent a congratulatory note to President Suharto on the occasion of Indonesia's 45th Independence Day today. "On behalf of the Government and people of Singapore, it gives me great pleasure to convey to Your Excellency and the people of the Republic
    156 words
  • Article
    Focus on the essentials and be flexible: PM
    313 28  -  By Shoeb Kagda IF SINGAPORE continues to concentrate on the essentials that have made it successful while at the same time remaining flexible enough to adapt to changing world circumstances, it will come out on top of its problems, Prime Minister Lee
    313 words
  • Article
    Johor may legislate to ensure local stake in leisure projects
    375 28  -  William Chia THE JOHOR authorities may pass legislation to ensure that local residents and companies are given the opportunity to take part in the numerous sports and recreational projects that are coming up all over the state. The Mentri Besar,
    375 words
  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      66 28 Baume Mercier GENEVE 1830 mmm WWXW~~T I w r I, i Jh 3*« I VTRFiljkl Bm».IQMil 1 German engineering at its competitive best. i H What has 122 bhp, the lowest CD, electronically controlled fuel injection, DSA suspension, 4 wheel disc brakes, all housed in aterrific body? -'.*3 What else
      66 words
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      Page 28 Advertisements Column 2
      5 28 _02_ Baume Mercier GENEVE 1830
      5 words
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  • Shipping Times
    • Article
      Air New Zealand to include Bangkok in S-EA network
      292 29  -  By Selva Kumar AIR NEW ZEALAND'S expanding network in Southeast Asia will soon include flights to Bangkok after stopovers in Singapore. The New Zealand national carrier said that from Oct 30 it will fly its Boeing 767 twice-weekly from Auckland to
      292 words
    • Article
      Lines in Mideast trade raising freight rates
      317 29  -  By Dexter Lee SHIPPING LINES in the Middle East trade have announced a fresh increase in freight rates by up to US$2OO per 20-ft container for shipments out of Singapore and West Malaysia to Arabian Gulf ports. The increase by members of the
      317 words
    • Article
      Dispute, lack of planes ground several Thai Airways flights
      401 29  -  By AJ Leow EIGHT THAI AIRWAYS international flights were grounded at Bangkok's Don Muang Airport on Tuesday because of a pay dispute involving technicians and shortage of available aircraft. As a result, one flight between Singapore and Bangkok was cancelled yesterday.
      401 words
    • Article
      Gematrans beefs up presence in Vietnamese market
      292 29  -  By Rahita Elias HONGKONG-BASED feeder operator Gematrans (Asia) is expanding its coverage of the Vietnamese market with the addition of Haiphong as a port of call and more offices in the country. The company, a tie-up between Compagnie Generale Maritime of France and
      292 words
    • Article, Illustration
      Johor's liquid cargo traffic up
      272 29  -  _?y K Vara WITH BETTER refining facilities in Pasir Gudang for direct exports, liquid cargo traffic through Johor Port rose 35 per cent to 1.09 million tonnes in the first quarter of this year. The liquid cargoes including palm oil, fuel oil and chemicals made
      272 words
    • Article
      Sips to raise bunker surcharge on Monday
      223 29 YET ANOTHER shipping group has reacted to the oil crisis in the Middle-east with plans to levy a bunker surcharge. This is the Singapore/India/Pakistan/Sri Lanka Rate Agreement (Sips), which will beat two other groupings Anera (Asia North America Eastbound Agreement) and TWRA (Transpacific
      223 words
    • Article
      Manila wants war zone declared in Gulf
      183 29  -  From Al O Labita in MANILA THE PHILIPPINES is considering declaring the Persian Gulf a "war zone" to warrant additional compensation of Filipino seamen, say officials in Manila. Messages have been sent to international seamen's unions and shipping federations asking them to declare
      183 words
    • Article
      Shatt no longer crucial
      94 29 IRAQ is no longer dependent on the Shatt al-Arab waterway since capturing and annexing Kuwait and its extensive port facilities. Though fighting between Iraq and Iran halted in 1988, the Shatt which forms part of the border between the two states remains silted up and largely
      94 words
    • Article
      Nippon starts transport company in Malaysia
      132 29 NIPPON Express Co Ltd is launching a transport firm in Malaysia that will start operation as early as this week between Singapore and Kuala Lumpur, a spokesman for Japan's largest integrated transporter said in Tokyo yesterday. Nittsu Transport Service (Malaysia) Sdn Bhd, located in
      132 words
    • NEWS SUMMARY
    • LOG BOOK
      • Article
        Drop in box cargoes between Japan, China
        104 30 SEABORNE container cargoes hauled between Japan and China, totalled 108,977 TEUs in the first half of 1990, a drop of 0.09 per cent from the same period last year, a Tokyo shipping daily reported. The Shipping and Trade News, quoting figures released by
        104 words
      • Article
        AMR settles Eastern payment
        71 30 AMR Corp paid Eastern Airlines USSSS million on Tuesday in the final payment for its purchase of Eastern's Latin American routes, an Eastern spokeswoman said. AMR, the parent of American Airlines, paid Eastern a total of US$3O4 million in the transaction rather than the US$349 million
        71 words
      • Article
        Frozen Food raises fuel charge
        89 30 FROZEN Food Express Industries Inc raised its fuel charges between 3.4 per cent and 4.7 per cent. In an Aug 7 announcement, the company said it would begin adding fuel adjustments to its regular shipping rates by Aug 15 due to turmoil in the Middle
        89 words
      • Article
        Rhine water level bottoming out
        84 30 THE drop in Rhine water levels which has disrupted barge traffic in recent weeks and sent freight rates sharply higher is unlikely to continue, according to the Dutch transport ministry. Ministry spokesman Harold Hameleers said that "although the river is still very low, there is
        84 words
      • Article
        CCA files USs350m lawsuit
        75 30 CONVOY Capital Corp said its Communications Corp of America Inc unit has filed a US$35O million lawsuit against Telecom USA, which completed its merger with MCI Communications Corp. Communications Corp is alleging fraud and breach of a 1989 contract with Telecom USA, which Telecom cancelled in
        75 words
      • Article
        Continental to cut air fares
        95 30 CONTINENTAL Airlines, a unit of Continental Airlines Holdings Inc, is cutting fares up to 30 per cent for autumn vacation travel. The airline said the fares must be purchased by Aug 29 and are good for travel between Sep 5 and Dec 16 except for
        95 words
    • Article, Illustration
      Lock icon A first class freight all the way
      1134 30 "If there's space problem on a given flight, a passenger will be spurned so a shipment can fly" Cathay Pacific's no onboard-courier approach on "first-class freight' flies in the face of traditional thinking on the air freight industry. Journal of Commerce CATHAY Pacific's
      Journal of Commerce  -  1,134 words
    • Article
      TRANSPORT DIARY
      989 30 July 17-Oct 30: International Freight Forwarding IL, conducted by the Singapore Freight Forwarders Association. The Manager, SFFA, 7500 A Beach Rond, #13-314 The Plaza, Tel no: 296-4645 (for members only). Jnly 24-Sep 4: SFFA Standard Trading Conditions gives an overall perspective of these conditions, conducted by the Singapore
      989 words
    • Article
      THE SHIPPING GUIDE
      12240 38 This is a list of ships loading at Singapore for ports around the world. It tabulates, by destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published for a maximum
      12,240 words
    • Article
      AT CONVENTIONAL WHARVES
      599 45 tB* h** Oy**t £»atol!?*07M(r *33 Itomade 16-08/1400 Mw« 9005 K29 alongsde 21.08/2300 Mi Bertan 36/30 K32 alongside 16.08/1500 tota Ratna E 862 K31 atoogsde 16 08/2100 Octama Quee 38 K30 atonprie 17 08/0600 Preeba P09A K18 alongside 1608/1500 Ynho Mara 1 K34 alongside 17.08/1200 Arnw Pnnce 2512
      599 words
    • Article
      CONTAINER SCHEDULE
      1229 45 receiving of export fcl containers AND La CARGO Record Boottf/Mwco Mb SUp Voy No Period From To From f of DbcU Spact H Shamtad 73A 1 16/1500 16/1659 16/1900 _3 17/0700 17/1159 17/1400 An« *****N 1 16/1500 16/1659 16/1900 3 17/0700 17/1159 17/1400 4 17/1200 17/1459 17/1700 a
      1,229 words
    • Article
      DAILY FREIGHTS
      889 45 CHARTERING on the dry cargo freight market was again quiet on Wednesday but details emerged that grain on the key US Gulf to Japan route had been secured at a firmer U5521.50, brokers said. Also seen on this route was a fixing at US$2l a repeat of business
      889 words
    • Article
      IN MALAYSIAN PORTS
      314 45 Pft King (auth Part on Aug 15: Roxanne berth 1; Alchimist Lansana B2; Mdaka Jaya berth 4; Mutia Hayu berth 7; Pernas berth 7; Swee Long Satu berth 7A; Petro Mulia berth ■mi She*. ICT: Anro Adelaide berth 8; Ever Ocean berth 8. North Port Momoshtma Maru
      314 words
    • Article, Illustration
      Lock icon JAL to ban smoking on its domestic flights
      310 46 NYT IN AN ATTEMPT to satisfy the needs of its customers and match recent moves in other Western nations, Japan Airlines will expand its ban on smoking on domestic flights to include all flights of less than two hours beginning Oct 1,
      NYT  -  310 words
    • Article, Illustration
      Lock icon US official meets airline executives
      105 46 Reuter US Transportation Secretary Samuel Skinner met separately with officials of three airlines to discuss the impact of rising fuel prices stemming from the Gulf crisis. He was to meet officials of two other carriers yesterday. Mr Skimmer wanted to assess the cost of the
      Reuter  -  105 words
    • Article
      Lock icon Hanjin resuming calls at Yokohama port
      368 46 Lloyd's List SOUTH KOREA'S Hanjin Shipping is resuming Pacific north-west (PNW) service calls at Yokohama after a break of four years. A call will be made once every five weeks beginning Oct 1 by one of the five ships in the company's PNW service.
      Lloyd's List  -  368 words
    • Article
      ANL will submit its view on stevedoring, depot charges
      191 46 AUSTRALIAN National Line has decided to make a submission to the Price Surveillance Authority inquiry into the country's stevedoring and container depot industry charges. Mr Stephen Bradford, executive general manager of ANL's international liner trades, also said it was disappointing that
      191 words
  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      257 29 HSWB hemg MET*. CO PTC LID IS. TUAS Ave 14 SINGAPOWC 22M TELEX 2M7« SHMCPI. TEL: Ml S9S9 iSknwi TELEFAX: Ml 9*4 K Mwfii tnutammrtm m rrun ogg Aaii IFV ill! 1 B»c#k ■JHE OMIIM BffS lICHlni leTivww* 1 *»<i— Tw«— A»o buy rOTM i r«p«r BWTISH OeStGN INNOVATION OCRMAM
      257 words
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      Page 29 Advertisements Column 2
      25 29 ContMrScM* 17 MyFntffe 17 Ma It Ijirtwri 3 Staff* Go* 10,11 S*s Port 17 Support Ttfts 17 Tnraport Day 2 NmMni and Set CtaAaK 17
      25 words
Page thumbnail Page 30
  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      143 30 Executive Style STYLE- The executives want it. It makes a statement. It sets them apart from the mainstream. It gives them that added edge In a world where Impressions, like It or not, do last. You, as the purveyors of style, should know what we mean and we invite you
      143 words
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      Page 30 Advertisements Column 2
      94 30 Far East/Pupua New Guinea/ Solomon Islands Trade New Guinea Pacific Line, The Bank Line and Columbus Line have agreed to align their schedules with effect from "Nanchang" Voyage 13S sailing Hong Kong on/about 4th September 1990. Under the new arrangements, the Lines shall make space available to each other such
      94 words
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  • Page 31 Advertisements
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      Page 31 Advertisements Column 1
      1899 31 JARDINE SHIPPING AGENCIES 200 Cantonment Road #12-05 Southpomt Stngipoft 0201 Alllfr T«l 2218)11 TELEX no IB wnnra teminal/cfs T«i *****11 220 i rujoujl BOOKINGS T«l *****34 235 1 VXQf J PESAKA JAR DINE SHIPPING AGENCIES SON. BNO. PORT KELAN6 TEL 36*4111 TELEX NO. MA*****/MA***** PENANG TU *****4 TELEX NO MA*****
      1,899 words
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      Page 31 Advertisements Column 2
      1324 31 MDEX TOflDvramßS Page Col Pa«e Coi f I I M'sia Shpg Corp 9 1/2 1 Wjl! Mercury Line 12 2 Conu.neri.ne 13 3 Mendelssohn 5 1/2 if i Meng Homg Shpg 15 2 SB^L ,M f \i < .MOL 18 1/2 J .MOSK (Forest) 5 5 Alfred C Toepfer 15
      1,324 words
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      Page 31 Advertisements Column 3
      2178 31 Voy ETA ETO 'Pod 'F>enang DESTINATIONS Thm nat Laura M 9008 Cloning Tlma Feeder by M/« 0400 HRS M Farco 4 CFS 20* ZMO HWS M Tauro OAK LQB HOU MEM ATL MIA CHS BAL Pt«- MVC MOM TOU 2 111. 122 18/8 8/8 ,{V "iw~ 17/9 '8/9 2M 21
      2,178 words
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      1056 32 IROTTERDAM/ VOY NO S'POBE P. KELANG SOUTHAMPTON HAMBURG BREMERHAVEN ANTWERP LE HAVRE TOKYO BAY 00/508 10/0 5/9 7/9 I I<V9 OSAKA BAY 96/586 23/8 17/9 11/9 14/9 10/9 16/9 LONOON EXPRESS 13/500 27/8 13/9 15/9 18/9 MONTE ROSA 09/502 30/8 24/9 18/9 20/9 17/9 23/9 HONG KONG EXPRESS 96/506 2/9
      1,056 words
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      Page 32 Advertisements Column 2
      463 32 SOUTH m I. FLOREANA 30/8 13/9 16/9 21/9 ALSO ACCEPTING CARGO VIA SUVA TO: LAUTOKA, ("AGO PAGO. APIA I NUKUALOAFA DIRECT CHILE SERVICE SIN IQQ ANF VAP I. FLOREANA 30/8 5/10 6/10 10/10 Alm KMfrtifif Cargo to CjIUo (Peru) via Valp* Aflente:lWMW lllilll S. JAYA: 03-*****15 BOOKINGS: *****0 NORTHBOUND TO
      463 words
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      Page 32 Advertisements Column 3
      1047 32 fel OTaftgM mw REGULAR MOEPENOEMT FULL CONTAMER WMCS WKfMUNB for europC VSL'VOY SIN ALC BCL FEL ROT ANT HAH ME LMA JAPAN SEA 024-W 19/08 09/01 11/09 14/09 18/09 19/09 MM »M NORASIA SUN 9025-3 2408 11/ffi 16/09 19/09 21,09 24/09 23/09 £M gj NORASIA PEARL 9028-3 31-08 il/09 23/09
      1,047 words
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      Page 33 Advertisements Column 1
      1820 33 ssSSfSteamers Maritime Holdings Ltd p&o I m STRAITS SHIPPING 11 j Containers ■li■^*'JS' wl EnvlnlS^KH^iVMTv^flfls^lll^lll gy^|jyggjyyQygy|ggyi|l|||iyggygg||y||g| Vty to Ml»i* Sport S to* H'burf B Njvwi R'da« L«H ACCEPTS DUE SAILS TOKYO MY W* lEXIVM IM* 0M» 0M» 1W CARGO 04AKA4AV ana -HOXMfM 23« 17» 11* UfQt lOrfß IMB BINTANC BELAIT
      1,820 words
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      Page 33 Advertisements Column 2
      1625 33 TQ: EMRQPE JQ; FAR EA§T SP LN ton NAM B'HVN FLX SPORE M RAO KM BU CHOYANG SUCCESS 010W 11/1 4/1 7/1 1/1 Ufi 11/1 CHOYANG CHANCE MK 21/1 W SH W OH HAN JIN HAMBURG OHW M 13/1 14/1 IS/1 17/1 U/l HANJIN LEHARVE 000E V* M Sjl 3/1
      1,625 words
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      Page 33 Advertisements Column 3
      375 33 ■MB' SPECIALIST IN RO-RO HEAVY LIFTS VESSEL COSMIC CHAMPION ASIAN TANJUNG PIONEER TRADER STAR EMAS VOY NO 7 11 1M II Spore SM 22/1 23/1 2S/I P. Kelang SW 2S/I 2S/I Ptnang HonC Yokohama 7/9 19/9 14/9 24/9 Nafoya 5/9 17/9 12/9 22/9 Osaka 10/9 20/9 Sonboku 3/9 15/9 Kathima
      375 words
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      540 34 f im!if ""is;" 11 -Wr-i'i pV gwfcjig n ffi i' I CR NBR **********0-D EXPRESS SEMt-CONTAINEISHIP SERVICE VSLWOY SPORE R'DAM/ H'tURG BREMEN ANTWERP ABM KUTAI/20WB 23-210 23fl 9ft 2/10 S/10 HATAAAM|77WB gaff 22A0 26/10 2»/l0 2/U FAST TRANSIT TIME ACCEPTING BREAKBUUC/COMTAMCRtSEO CARQO ftytlNMd. IW Ai—rtii. OHnca!THaa?" r -l, IIB >
      540 words
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      Page 34 Advertisements Column 2
      1039 34 GO HANJIN SHIPPING y]7 FULL CONTAINER SERVICE CHOYANG SUCCESS «BW I Is?* I "*7fl" "w"* JoflT" Ufl"* 04K w! H^RUUNSW HANJIN HAMBURG M2W 27/0 14/9 15/9 1(4 11/9 194 HANJIN LEHAVRE MM 274 H KUNSAN OSSE 214 23fl HANJIN ROTTERDAM BMW Ifl lifl 21fl 23/9 24/9 HANJIN FELIXSTOWE H3E 3/9
      1,039 words
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      Page 34 Advertisements Column 3
      1179 34 i d-JH'l =l=i JIM IPKL SGPNKG KSG KLG PUS NKT OSK SRUTYO LAX CMS BALNVC I*V«N MRJNK W V E GLOBE MUE M M «l 1IJ) V» W W W W «U I t GUAM) »E M M 4/* S/9 W l«l U|| ||ll U|l W W ail W W
      1,179 words
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      963 35 —z NEPTUNE AGENCIES PTE LTD SINGAPORE TEL: *****77 (CR NO: **********0E) S BOOKINGS: UK/EUROPE SERVICE— *****19 USA SERVICE— *****16 a AUST/INDIA/PAK SERVICE- *****18 FAR EAST SERVICE- *****48 afigg TERMINAL OFFICE .*****022 DOCUMENTATION DEPT: *****44/ *****14 MM CFS: M 2 -IMPORT: *****69/*****50 CFS:M2 EXPORT: *****53/*****04 K Mo3)^ *****87, Penang-(04) *****0, J.Bahru-(07)
      963 words
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      Page 35 Advertisements Column 2
      423 35 Specarge N KEELUNG Tel: *****55 > (19/8) \o\ KAOHSIUfIG PN FOR BOOKINGS 1 l TEL' *****17 k BAN6KOK j TEL. *****17 I COLOM&h (18/8). V\/ VylS'S) HjV JSSj y ISpecargo's Own \(J )(Vw /V\/ Operated Vx» y Warehouse at 2\) FTZ Warehous«T«l: *****50 Hschenker S«oncs in 5 ComincnU (WEEKLY LCL/FCL
      423 words
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      Page 35 Advertisements Column 3
      1063 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 DKCHtHaHC OK* EASHOUHP LOADIHC fO« WtSTWXJIIO iams wim |y« |majula mo*t varum. got wut mum nuxoi n*m »qtt imrmm il wwiuw not
      1,063 words
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      Page 36 Advertisements Column 1
      1248 36 4 4 tmmmm f VT iTW W W AS AGENTS KAWASAKI SINGAPORE (PTE) LTD (CR No: **********0*1) 3\H TEL: *****77 TELEX: KAWAKI R*****5 FAX *****79 \M 1 H J_*i MALAYSIA: HARPER WIRA SON BHO TEL: PJ *****22 PK *****01/5 PENANG *****5 JB *****1 KAWASAKI KISEN KAISHA. LTD. INDONts,A /awMtr N.
      1,248 words
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      Page 36 Advertisements Column 2
      792 36 PHILI-ORIENT LINES PTE LTD (The Complete NVOCC Package) 25AUG Montreal, Ottawa, toronto, I VANCOUVER, S WESTERN ONTARIO. 1 24AUG WINNIPEG, .1 MUSCAT BAHRAIN, ABU DHABI, RE6INA. SASKATOON, SHARJAH CALGARY, EDMONTON, KELOWNA, I 18 AUG COLOMBO, KARACHI, BOMBAY, ANDAUTNLAND bESTI NATIONS v K 18 AUG MADRAS, CHITTAGONG, CALCUTTA MMMHMM9V 19 AUG
      792 words
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      Page 37 Advertisements Column 1
      1400 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I gmm PIL Putting, 140 Cecil Street *0300, Singapore 0106. sin B*B sih nirrt Mi. MM TT. mm r, PEQASUS PROGRESS 830N 1M 21/8 2VI OJELTA MAS WM IM ITJ w« KOTA MA OA UN 1M 21/S IH i IAMfI !!T. 22 S3 KOTA MNQA
      1,400 words
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      Page 37 Advertisements Column 2
      1404 37 C^NnrANMA H FIVE STAR UWE T (Myanmar National Una) Loading for Yangon (Rangoon) Sport P.Ktiang Pw HPA-AN VIS3W IN PT PATHEIN VIO4W IN PT pagan via* ays mm AVA VMBW 23/* AUG MERGUi VIOIW WISEP MYOMA YWA VI3OW MV SEP THE BANK UNI (A torvico o« AlKfw *Ok tHlpp'"!) V\r
      1,404 words
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      Page 40 Advertisements Column 1
      807 40 INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE FROM FAR EAST TO NORTH CONTINENT OUTBOUNO SIN FIX MV ROM ANT HK RST T WENOA W ST* 7ft Ifl W> Ufl AMERICAN StN WFOM ~n/T "u/T MM lift 170 lift ~IT 0 OKJTEWOML 100 !W 2|l Oft 25ft Oft EUROPEAN SCN 4ft
      807 words
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      Page 40 Advertisements Column 2
      1083 40 FAR EAST PORT KELANG 24/8 31/8 MANILA 25/8 I/O PENANG 24/8 31/8 BUSAN 10/8 26/8 BANGKOK 21/8 2S/8 TOKYO 23/8 30/8 HONG KONG 20/8 24/8 YOKOHAMA 23/8 30/8 KAOHSIUNG 10/8 A 28/8 KOBE 23/8 30/8 KEELUNG 10/8 26/8 JAKARTA 10/8 28/8 SRI LANKA INDIA CHITTAGONG 21/8 20/8 COLOMBO 23/8 30/8
      1,083 words
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      Page 40 Advertisements Column 3
      319 40 Mmiriiin LOAWB6 FOR LOAWBC FOR RUEBOS AIRO VESSEL iratE CBO OBN BAHMS Mnoto MO m m MAM ■os TWIN» IM MR M 1711 B W «MMNA n/B M IM 818 V»~ WB cISo. MB UP BP 1/11 «fll M/U movtkenb mi am w ivu wu- am V.TBA PISCHABCIIIC FB BRAZIL
      319 words
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      Page 40 Advertisements Column 4
      1260 40 Ite S SMS ft* CHMA OCEAN SHIPPING COMPANY W I 2, MSTRI ROAD, HMC BUILDING TIL; OHM 1 »imb, sjhcapore caai FULL CONTAINER LINER SERVICE telex maw coswf I CR MO: *****U0000H FAX: I General AynIcCIHIttWWWIHB I ill "HiHWMu* I VESKUVOY SGT FIX HOT NAB ART OCT VESSEL/VOY FU lOT
      1,260 words
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      913 41 m mmrSSmlSSuu rrt ltA TEL: *****33 (12 Uhm) ®FAX: *****15/22*3303 J TELEX: RS ***** RISHIP (3 Unaa) [T#A ETHIOPtAJi SHtPPMK UNES r (National Lion of Ethiopia) ACCEPTING FCL AND CONVENTIONAL VESSEL I VOY I ETA_ ILOAOMO FOfl SPOW ;A*AY WONZ 22/5 OANESSALAAM. MOMBASA. OJWOUTI- MASSAWA MOOEKVW 'NETSAWET SOWS 2VO» OAfIESSALAAM
      913 words
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      Page 41 Advertisements Column 2
      1365 41 I NANTA mm UN Fri In PI Mm »0 SO. ORIENT HR h> H 230 25* MAMA RHUMR OR St U0 Wm H AKA HI NS N0 NO 10 SIRI RHUMR 4MN Suh 110 Tw a<i SO OIHCWT MR 110 g_ ■EKNAINK KURAKO 73* Tfcyr 80 Sun 80 AKA RHUM
      1,365 words
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      Page 41 Advertisements Column 3
      277 41 TO AUSTRALIA/NEW ZEALAND c mmm am m m Si M w H awwawiw m m ~m m m TWT tXMOS »m Si w w» u i i mica? Si i» S» wii 55 iu 14 DATS TO OTDMETI TO USA/CANADA vs. |ltapwn |L Mmm jCtartata pBSQE |MM t mmuksm m
      277 words
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      Page 42 Advertisements Column 1
      1160 42 A MW-NELS »—fEPgjg m I I m= «i«wT| PENANG TEL: (04) *****6 KK TEL: (088) *****0ITAWAUTEL: (089) *****9 P. KELANG TEL: (03) *****77 KUCHING TEL: (082) *****3 SKAN TEL: (089) *****2 r-rVrA J. BAHRU TEL: (07) *****2 SIBU TEL: (064) *****2 LABUAN TEL: (067) *****9 LJ\y VU JAKARTA TEL: (21)
      1,160 words
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      Page 42 Advertisements Column 2
      480 42 BLUE STAR LINE SINGAPORE TO NEW ZEALAND AND T/S FIJI FULLY CONTAINERISED MONTHLY SAILINGS DISCHARGING AT NEW PLYMOUTH PORT CHALMERS ACCEPTING FCL LCL FOR AUCKLAND, NAPIER, WELLINGTON, BLUFF, CHRISTC HURCH, DUNEDIN, LYTTELTON, INVEECABGIL, FIJI AND TAHITI SIN N. Pit AUCK LYT MULBERA US »Am IS* Vh 'J? PROSPECTORS >Aub 14
      480 words
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      Page 42 Advertisements Column 3
      832 42 /SI THONG SOON LINES PTEI LTD. 51 Bras Basah Rd #01-01 Plaza By The Park S (0718) Tel: *****22 Fax No; 33Z2573 CONVENTIONAL/CONTAINER SERVICES *****11 (BOOKING LINES) SINGAPORE TO WEST MALAYSIA SINGAPORE TO SABAH nna \m leti Ira una m lira jur KIM SOON U 32/90E 18 AUG PENANG JENHOL
      832 words
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      Page 42 Advertisements Column 4
      286 42 I k. i H M I M 9 IRANIAN SERVICE I IRAN ENSAN 1 .Baatfar AMw 1. 1; MKC LB CNXMM LC/MltffWtt LCttZ f>lfffißili H£S» «S m m K Mm aaaathn to eMwr ■Mian iiilliiMin at Mtikcali, Mum Lara*, ■awtwnj. Mazattan, Taaatoi Miafclijira, Maaieo City, Aca#uca. Vara Cns —t athar
      286 words
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      Page 43 Advertisements Column 1
      667 43 COMPAHIA PERUANA DE VAPORE3 "PERUVIAN STATE LINE" ACCEPTING BREAKBOLICfFCL/SOC CARGOES TO/FROM CALLAO, MATARANI, ILO* A OTHER PERUVIAN PORTS' WITH T/S AT KOBE ON CPV THROUGH BILL OF LADING. Penang* P- Ktlang Singapore ROSEEVERETT 20/21 Aug SHAPtAEVERETT 25/2/ Aug 28/29 Aug MURRAYEVERETT 12/13 Sept 14/15 Sept "EVERETT ORIENT LINE" JAPAN/BAY OF
      667 words
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      Page 43 Advertisements Column 2
      567 43 VSL |VOY [S'PORE MAINLINER [LAX IKST [SAV WYC [HFX I ZM OAT HE 84 !M GENOA Hft 3|M l/M l/M MO# ZM SINGAPORE BE »l ZM ItERIA 710 IWM 2VM ZMO LEEWARD 12/9 ZW NEWYORK WW niN UN W W ZM MELBOURNE 2M IV* ZM NEWYORK 1110 21 10 MfM
      567 words
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      Page 43 Advertisements Column 3
      562 43 WSING KWANG HANG ■NVeWa A TKAMMMTATION (TTI) LTD WEEKLY LCL/FCL SERVICE VESSEL S PORE JAKARTA SURABAYA JENLINK 10/0 218 JENWEL 23'8 26/0 23/0 VESSEL SPORE BANGKOK A VESSEL 10/0 21/0 A VESSEL 23 8 26,8 DESTINATIONS ETA SINGAPORE PORT KELANG 24 AUG MANILA 22 AUG HONG KONG, ALL CHINA PORTS
      562 words
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      Page 43 Advertisements Column 4
      502 43 PERINTIS LINE I ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE/PONTIANAK JAKARTA SURABAYA VESSEL VOY SIN JKT BBY PONTIAMAK* PELOPOR 955 18/08 21/06 TANTO SEJATI 13 22/08 25/08 PELOPOR 956 25/08 28/06 TANTO SEJATI 15 29/08 01/09 TANTO UTAMA 97 18/08 21/08 TANTO UTAMA 99 24/08 27/08 TANTO UTAMA 101 31/08 03/09
      502 words
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      Page 43 Advertisements Column 5
      413 43 ©w KEELUN6/KAOHSIUNG 19/8 BANGKOK 21/8 MANILA/CEBU 18/8 JAKARTA/BELAWAN/SURABAYA 17/8 PORT KELANG/PENANG/E. Malaysia 20/8 BUSAN 19/8 TOKYO/YOKO/KOBE/NGO/OSA 21/8 MONG KONG also accepting cargo to Huannw/Stauhen/Fuzhou/ Xiamen/Xingang/SKanghai SIN EIMPE/VK 18/8 LDN/FLX/LVP/SOU 18/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to Austria/ Hungary/Roumania/Poland/Bulgaria/Czech. SIN MSA/CAHAift 18/8 LOS ANGELES/NEW YORK all IPI points 20/8 VANCOUVER/TORONTO/MONTREAL SIN
      413 words
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      1035 44 xG\ CB SHIPPING (@£3} MARINE SERVICES QUEENSLAND/PAPUA NEW GUINEA SERVICES CMTAMBt/Ld/HIEAIIBUiK SERVICE "ANKE" SERVICE SPE LAE MISIMA POM. T'VILLE V.1658 21/1 1/9 3/9 4/9 8/9 V.1758 16/9 28/9 1/10 2/10 6/10 MUMS ACCEPTED FOR EMT MLMMTMI ill aapfeptet art irtiiiPLATOU PACIFIC t 1 SHIPPING SERVICES V REGULAR FAR EAST N.
      1,035 words
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      Page 44 Advertisements Column 2
      242 44 ZffM ADKRIS BUSINESS Irtm CORPORATION PHILIPPINE CALSOURCE SHIPPING TRADING PTE LTD REMOVAL NOTICE Please be informed that with the effect from 11th August 1990 our office will be at: 3, Shenton Way #09-08 Shenton House Singapore 0106 Tel: *****88 Tlx: RS ***** Fax: (65) *****11 (65) *****35 (aSG)*SQ FORWARDMG (SMOAPORE)
      242 words
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      Page 44 Advertisements Column 3
      618 44 JSF OCERnSE^VICE I I LCL/FCL SERVICE TO/FRO JBBi ffi} KL: allied-LINK SINGAPORE: m 04H*****2 *****8008 778 tMttfrn LINES) a—aaMi FROM SOUTH EAST ASIA/ FAR EAST TO USGVBRAZIL/ARGENTtNA MV NORTWEEN NOVA MV SUNDERLAND ENDEAVOUR ETA SPORE 20/8 ETA SPORE 27/8 FROM BRAZIL FROM ARGENTINA MV TBN MV CAP VILLANO ETA SANTOS
      618 words
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      Page 44 Advertisements Column 4
      293 44 FCL/LCL SERVICES MANILA ETA I VIGOUR PAORC 13NB 22/1 VIGOUR PACPTC 14MB M JAKARTA 20/8 21/8 SURABAYA 20/8 24/8 BANGKOK 19/8 22/8 BUSAN 18/J 24/8 HONGKONG 20/8 22/8 DURBAN 7/9 19/9 I KEELUNG 19/8 26/1 PT. LOUIS 7/9 19/9 PT KELANG 24/8 31/8 KOBE 20/8 27/8 PIRAEUS 24/8 7/9 OSAKA
      293 words
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  • Page 45 Miscellaneous
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      Page 45 Miscellaneous Column 1
      550 45 TIDES AND WEATHER TODAY'S TIDES (height in metres) HOUR MM 01M *****3 M 04M KM MM I7M MM MM 10M11M12M13M14M ISM IMOI7MIIMI9M 2M121M 22* Z3R4 ft 17 09 a 7 0.6 0.7 0.9 17 1.5 1J 1.9 2.0 19 1.7 15 1.4 1.4 1.5 15 2J 25 2.7 2.7 25
      550 words
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      447 46 CHARTPOINTI Every Saturday in Business Times PAKISTAN NATIONAL -|Ssr SHIPPING CORP., KARACHI. INDONESIA MALAYSIA KARACHI MIDDLE EAST GULF SERVICE FOR KARACHI, DUBAI AND DAMMAN. VESSEL KUANTAN PT. KLANG PENANG TBN 25/8/90 INDONESIA MALAYSIA EAST ASIA SERVICE FOR HK TWN S.KOREA JAPAN VESSEL BELAWAN PALEMBANG P. BAHRU JAMBI TBN 15/8 INDONESIA
      447 words
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      Page 46 Advertisements Column 2
      690 46 4HYUNDAI MERCHANT MAWNE CO. LIP. EASTBOUND TO USA WESTBOUND FROM USA TO PSW VOY SIN HKG LBH OAK SEA CHT FROM PSW VOY LBM OAK SEA HKC SIN LALANDtA 34E 25/01 30/01 I*B 20/09 2319) 22/09 HYUNDAI INNOVATOR 33W 09/02 I£2 I*7 BZ£ 12/01 HYUNDAI CHALLENGER 35E 01/09 0(09 24/09
      690 words
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      Page 46 Advertisements Column 3
      539 46 (S—Our9ch9du*onpgl6) J UK/CONTINENT (TRIO) c^.*r S PORE S TON MBURC RHAVEN R'DAM L£H Httafc TOKYO BAY 1M M M Mi Ron.***. to Aafcnr* Im. OH*. »»>>■!■. Wiliiufci osaka bay m i 7/» iyi an m u/i ■>—>«'■ :Tt araM nrvfclttHl 10N00N EXPRESS ISA til W SmMmom :liMi UK MMmm. MM
      539 words