The Business Times, 21 June 1989

Microfilm: NL16652
Total Pages: 36
1 36 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 WF.nNF.SDAY. .lIJNE 21. 1989 75 CENTS
    11 words
  • Article
    FINANCIAL MARKETS SUMMARY
    262 1 Dow up US BLUE CHIPS were slightly higher in mid-morning trading yesterday but were unable to make much headway amid a lack of fresh news. Firm bond prices and a strong dollar offered support. The Dow index was up seven to 2,486. Gainers led decliners by about
    262 words
  • Article, Illustration
    Tokyo shares rebound while S'pore, HK markets retreat
    236 1 SHARE PRICES in Tokyo rebounded strongly yesterday, while share markets in Singapore and Hongkong retreated in cautious trading. The Nikkei Average jumped by 220.29 points to a close of 33,*****. Brokers said trading began on a firm note, reflecting the stable foreign
    236 words
  • Article
    US$ dips in early London trading
    83 1 THE US DOLLAR yesterday eased during early London trading after weakening in Tokyo and New York earlier. It opened in London at 1.9704 West German marks and 143.60 Japanese yen but quickly dropped below 1.97 marks and 143.50 yen. It had finished in Tokyo
    83 words
  • Article
    Hotel Props subsidiary buys Printemps for $4.2 m
    373 1  -  By MAGDALENE NG BUSINESSMAN Ong Beng Seng has embarked on yet another new venture this time into the retail sector in Singapore with the purchase of Printemps, a French department store at Orchard Road, for $4.2 million. The acquisition of Au Printemps
    373 words
  • Article, Illustration
    F&N to raise $200 m through bond-cum-warrant issue
    549 1  -  FUNDS TO REFINANCE LOANS AND INCREASE WORKING CAPITAL By ANDREA BORCH IN ONE of the market s largest capital-raising exercises, beverage group F&N Ltd plans to raise $200 million through a private placement of bonds and detachable warrants. F&N has proposed an
    549 words
  • Article
    Suntec set to sign first major loan of $100 m
    342 1  -  By HONG LEE THIAM THE DEVELOPER of the prestigious $1.2 billion Singapore international Convention and Exhibition Centre at Marina Centre is set to sign its first major loan of $100 million. BT understands that the $100 million package, in the
    342 words
  • Article, Illustration
    Lock icon New car registrations for May drop
    481 1  -  By JEFFREY TSANG NEW CAR registrations fell again last month and motor traders predict even bleaker days ahead. The fall is a result of the stringent usage measures introduced last month and fear in the market that the government might introduce even more painful
    Source: Registry at Vehicles  -  481 words
  • Article
    Lock icon Beijing will retaliate if Washington imposes economic sanctions
    293 1 UlHe question UPI THE CHINESE government will retaliate in kind if the United States imposes economic sanctions against China to protest against the military suppression of the democracy movement. "Those who try to impose economic sanctions toward China are interfering in our
    UPI  -  293 words
  • Article
    Lock icon Oops, welfare recipients overpaid
    135 1 UPI THE AUSTRALIAN government has overpaid welfare recipients by AS2O6 million and is now offering a 20 per cent discount to get some of the money back. Officials in Canberra confirmed yesterday that the social services department has also promised to waive all penalties for late
    UPI  -  135 words
  • Page 1 Advertisements
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      149 1 brother Laser Printers Electronics Word Processors Dot-Matrix Printers Facsimiles A 2ND CHANCE TO WIN CASH PRIZES IN OUB/IBS' $1000,000 LUCKY DRAW 2nd Draw: 18 September 1989 88 cash prizes to be won Those who missed big cash prizes in the tirst halt of OUB/IBS' $1 million lucky draw, have a
      149 words
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      Page 1 Advertisements Column 2
      12 1 Full report, PAGE 18 Regional mkts, PAGE 20 World mkts, PAGE 21
      12 words
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      Page 1 Advertisements Column 3
      210 1 Editorial Comment: 12 Case for full integration London 12 Anxiety in the City Japanese economy 13 Clouds on the horizon JAIC 2 Investing $3m in Vikay Industrial Consumer price Index 3 Up to a high of 2.4 pc DBS Land 3 Han Cheng Fong appointed MD Toyota In Europe Entering
      210 words
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      Page 1 Advertisements Column 4
      0 1 (@^{|%]$(`|]',$`[]%`=:":*:+;^%<
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      Page 1 Advertisements Column 5
      139 1 mita NEW AGE COPIERS Convenient, reliable feature-packed SoleAgert WEI TAH CO PTE LTD TEL: 746 1051 The new Business Centre at Harbour View DaiIchi Hotel. Now bigger and better equipped. To work more than ever for you. Right up till 7.00pm. With secretarial work, courier services and even printing of
      139 words
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  • HOME NEWS
    • Article
      JAIC invests $3m in Vikay Industrial
      300 2  -  Second firm to receive Japan-Asean Investment Co funds By QUAK HIANG WHAI JAPAN-ASEAN Investment Company (JAIC) has acquired a stake in another locally incorporated company, Vikay Industrial, barely two days after injecting 552.5 million in CSA Research. Under the agreement, JAIC paid about $3
      300 words
    • Article, Illustration
      Asean meeting on energy cooperation begins tomorrow
      235 2 THE TWO-DAY Eighth Asean Economic Ministers' Meeting on Energy Cooperation begins tomorrow in Kuala Lumpur. A Ministry of Trade and Industry statement issued yesterday said officials attending the meeting will review the progress of on-going projects, and discuss proposals for new projects. Plans
      235 words
    • Article
      Calling young inventors
      77 2 YOUNG INVENTORS can vie for this year s Tan Kah Kee Young Inventors' Award (Student Section). The award, initiated in 1986, is given by the Tan Kah Kee Foundation set up by the Singapore Chinese Chamber of Commerce and Industry. The student section alternates with an open
      77 words
    • Article
      MEMO-PAD
      181 2 Seminars and courses r Jun 21 Financial Futures Options Boulevard Hotel Dominion Conferences Publications Pte ltd Jun 21 Jun 21 Performance Appraisal for Manufacturing Companies Political Financial Risks SMA House Mandarin Hotel Singapore Manufacturers' Association Risk and Insurance Management Association of Singapore Jun 22 Effective Training in Assertiveness Crown
      181 words
    • Article
      IGSA Transport spreading out
      230 2 WITH RESPONSE to its newly-launched fast luxury cruise service to Tioman "well above expectations". IGSA Transport is ready to embark on the second stage of plans to provide an additional choice of travel service to tourist destinations in the region. On the cards are cruise services
      230 words
    • Article
      German embassy presenting design forum
      424 2 SMALL and medium-sized companies (SMEs) will be tapping the best of German v industrial design next g month when the West Ger- man embassy launches a five-day forum on the f theme "Design for Automa- tion". Presentations from in- J dustrial design leaders such as
      424 words
    • Article, Illustration
      Han Cheng Fong appointed MD of DBS Land
      259 3 tHREE MONTHS AFTER bringing in a hotel expert to spearhead its interest in the hotel sector, DBS Land has brought in another professional to help run its operations Dr Han Cheng Fong, former deputy managing director of the Petrochemical Corporation of Singapore
      259 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      217 3 SIME DARBY Singapore Region has appointed TAN JOON HONG as its business development manager. Mr Tan will be responsible for identifying, evaluating and developing new business opportunities for Sime Darby Singapore. Prior to the appointment, he was the manager tor business development for Price Waterhouse. Mr Tan
      217 words
    • Article
      'Take note of whole picture when making decisions'
      247 3 DIFFERENT GROUPS of people react to issues in life according to their self-interests And they often see them as legitimate and reasonable Yet, these same interests, when taken together, may be conflicting and sometimes mutually exclusive. In driving home this message, Peter
      247 words
    • Article
      Tradewinds on fast expansion route
      240 3 TRADEWINDS, Singapore s second carrier, is expected to grow fast, matching the smaller regional carriers within 10 years and catching up with the medium-sized airlines in 15 to 20 years. And within 40 years, Tradewinds will be as big as or even bigger than its
      240 words
    • Article, Illustration
      Consumer price index at 2.4 pc high
      440 3  -  By ANNA TEO THE CONSUMER PRICE index went up to a high of 2.4 per cent last month, continuing a climb that could portend higher inflation. The 2.4 per cent annualised growth rate in the inflation measure a comparison of the May 1989
      440 words
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      Page 2 Advertisements Column 1
      132 2 THE SHARP CHOKE When "What to Buy for business," a respected independent U.S. and U.K. report, rates the Sharp copier first in "Reliability" and "Quality," and considers it the "Best Buy," it has to be the right choice! K I»»»» M \jA 1r Li Mwf~ •SF-7750 #SF-7350 Versatile Copier with
      132 words
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      Page 2 Advertisements Column 2
      68 2 S II N (i K I L T i: K TIONAI, I N P E N A N G w ii k k i; 1-s\[ in r the shangri-la The Finest Business Hotel In Penang. Q Shangri La hotel MAGA/INL ROADT***** PLNANG. MALAYSI A TEL (60 41 622 622 TLX:
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      141 2 wrnrn //"I "'S/Sj Mtn (°C) 14/08 Flo. 26/14 Cleor 29/13 Claor 16/06 Rain 35/28 Cloar 33/25 Sonny 29/24 Cloudy 31/19 O'cast 30/22 Sunny 24/12 Cloudy 26/13 Claar 29/25 Cloudy 26/13 Sunny 16/13 Cloudy 25/15 Clear 21/17 Cloudy 19/07 Clear 34/21 Cleor 22/07 Clear 12/03 Cloudy 27/18 Cloudy 28/17 Clear 26/12
      141 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      223 3 WORLDWIDE EXPRESS Prompt pick-up and delivery 24 hours a day r ;N\ '< fr>V. SMxvJ r>< 7 I ft rid 'i r «8i Here's the story. Plain. Simple and Honest. 1 here s no secret to producing tender and tasty Harris Ranch beet. All we do is feed hand-selected cattle
      223 words
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      Page 3 Advertisements Column 2
      100 3 ■i m k ■y In addition to our existing three weekly flights to Europe, Lufthansa announces a fourth flight, beginning in July, which will leave for Europe at the crack of dawn. Among other advantages, Lufthansa's early bird arrives in Frankfurt in the afternoon of the same day, allowing you
      100 words
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  • Article
    DAILY AIRCRAFT MOVEMENTS
    736 4 ARRIVALS Operator Sorvk* Local From number rim* SIA SQ001 1250 SFO/HNL/HKG CAL 0342 1300 LUX/DXB SIA SQ107 1305 KUL SIA SQ153 1315 CGK SIA SQ109 1405 KUL SiA SQ181 1410 BMW TMA TG405 1425 BKK/HKT SIA SQ191 1425 LGK/PEN CIA GA962 1435 CGK RJA RJ182 1445 AMM/KUL
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  • ASIA-PACIFIC
    • Article
      Lock icon Toyota to enter Europe's luxury car market
      349 4 NEW RIVAL FOR MERCEDES-BENZ, BMW AND JAGUAR FT TOYOTA, Japan's biggest car maker, is to enter the European luxury car market for the first time next year in direct competition with the leading European luxury car makers Mercedes-Benz and BMW of West Germany
      FT  -  349 words
    • Article
      Lock icon Business leaders urge LDP to make radical reforms
      278 4 AFP JAPANESE BUSINESS leaders have urged the ruling Liberal Democratic Party (LDP) to adopt radical reforms to avoid defeat in upper-house elections next month despite poll victories for LDP mayors last weekend. Party officials said the LDP and the government on Monday
      AFP  -  278 words
    • Article
      Lock icon Hanoi reaches for Western and Soviet aid
      295 4 AFP VIETNAM, forced by dire economic straits to turn more and more towards the West, still plans to maintain its cooperative agreements with the Soviet Union and Eastern Bloc nations. A sombre picture of the country's economy was outlined on Monday to Vietnam's
      AFP  -  295 words
    • Article
      Lock icon Laos polls will come after constitution is ratified
      157 4 Reuter LAOS, one of the communist world s most reclusive states, has said it will hold elections after parliament passes the country's first constitution, but did not give a timetable for the changes. In a speech made available in Bangkok on Monday,
      Reuter  -  157 words
    • Article
      Lock icon Seoul says China is 'tranquil', allows business trips there
      288 4 AFP SOUTH KOREA announced on Monday that it now considered China "tranquil" and said it would resume approval of businessmen's applications for visits there. "The government changed its policy over the weekend because the situation in China is tranquil," an official
      AFP  -  288 words
    • Article
      Lock icon Speed up talks, government urges Daewoo
      201 4 AFP THE SOUTH KOREAN government on Monday urged management and labour at the debt-ridden Daewoo Shipyard to decide quickly whether they will reach an agreement or close the yard. "Rather than the talks between management and the union dragging on, they should simply fold
      AFP  -  201 words
    • Article
      Lock icon Transmigration is not 'Javanisation', assures Indonesian minister
      235 4 Oana-Antara INDONESIA'S Transmigration Minister Soegiarto has given an assurance that the country's transmigration programme is not intended to be a "Javanisation" process. The programme had been implemented to unite the various ethnic groups and to raise their standard of living as part of
      Oana-Antara  -  235 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      520 4 The business person's choi« every Tuesday, Thursday, Saturday and Sunday. Leav ing Changi Airport at 22:C5 hours and arriving at Lester B. Pearson Internationa] Airport the following day. Cill your Travel Agent or Air Canada af 7)*****. A BREATH OF FRESH AIR 0 ARKANSAS Little KV Birmingham Hunts\»>le ALASKA Anchorage
      520 words
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      Page 4 Advertisements Column 2
      11 4 Galsha scandal will taat Uno'« popularity In July polla, PAGE 13
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  • Page 5 Advertisements
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      74 5 This announcement appears as a matter of record only o CITIBANK, N.A IS PLEASED TO ANNOUNCE ITS APPOINTMENT AS DEPOSITARY BANK sy Limited FOR THEIR AMERICAN DEPOSITARY RECEIPTS (ADRs) WHICH WILL BE TRADED OVER THE COUNTER IN THE UNITED STATES OF AMERICA O CITIBANK, N.A. For further information about Citibank's
      74 words
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  • REST OF THE WORLD
    • Article
      EC cuts anti-dumping duties on S Korean and HK tapes
      376 6 Tax reduced but made permanent THE EUROPEAN COMMUNITY (EC) has agreed on substantial cuts in anti-dumping duties on video cassette tapes imported from Hongkong and South Korea. The decision, ratified by EC finance ministers, came after the two exporters mounted
      376 words
    • Article, Illustration
      Lock icon EC urged to back full economic union
      320 6 Reuter FRANCE and West Germany on Monday urged next week's European Community (EC) summit to firmly back a full economic and monetary union of the bloc's 12 member states. A statement by Foreign Ministers Roland Dumas and HansDietrich Genscher, after talks in Paris,
      Reuter  -  320 words
    • Article
      Lock icon Australia hurt by EC-US trade war
      74 6 AFP AUSTRALIA is "caught in the crossfire" of a trade war between the European Community (EC) and the United States. Prime Minister Bob Hawke said in Paris on Monday. Mr Hawke said farm subsidies had "cast a shadow over our relations with France The
      AFP  -  74 words
    • Article
      Lock icon Genscher to brief US on Gorbachev's visit to Bonn
      221 6 Reuter WEST GERMAN Foreign Minister Hans-Dietrich Genscher was scheduled to go to Washington yesterday to report on Soviet leader Mikhail Gorbachev's rap-turously-received Bonn visit and its likely impact on developing East-West relations. Enthusiastic German crowds hailed the Kremlin chief although his
      Reuter  -  221 words
    • Article, Illustration
      Lock icon Mosbacher warns of tough approach on trade
      331 6 AFP US COMMERCE SECRETARY Robert Mosbacher warned on Monday that the recent targeting by Washington of Japan, Brazil and India for allegedly unfair trade practices was just the start of a new get-tough approach by the US. Mr Mosbacher. addressing the Johns Hopkins
      AFP  -  331 words
    • Article
      Lock icon Menem to recreate bases of capitalism
      278 6 Reuter INCOMING PRESIDENT Carlos Menem, who takes office on July 8, plans to recreate the bases of capitalism in Argentina through an alliance of business with labour. Menem aides said on Monday. Mr Menem s Peronist Party, which spans a broad political spectrum from
      Reuter  -  278 words
    • Article
      Lock icon Thatcher aides rule out immediate Cabinet shuffle
      224 6 Reuter AIDES TO Prime Minister Margaret Thatcher have ruled out an immediate Cabinet shuffle as Britain's ruling Conservatives counted the cost of a disastrous European election showing. With all the results finally in on Monday from Thursday's ballot. the opposition Labour Party won
      Reuter  -  224 words
    • Article
      Lock icon Changes on the way for S Africa
      76 6 AFP SOUTH AFRICA is embarking on fundamental change, Foreign Affairs Director-General Neil van Heerden said in Johannesburg. Speaking at a banquet organised by Business Day newspaper on Monday, he said: "The realisation now is that our future will look very different to our
      AFP  -  76 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      173 6 Are you losing your Dottom line features? Now you don't have to 1 Printer versatility is ensured as it is compatible with standard Because the affordable LQSSO comes packed with features normally found IBNThardware and software which supports a wide range of ESOPcontrol codes, on other top line 24-pin dot
      173 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      44 6 Doonesbury holdon.doc. I umnosAVGOODBte TO 50M& OF THE- 6UYS ON THE WARPi H I it 1 HSY, RAYMOND! IHB.YRB KICKING Ma OUT, AM 160. 1 GOTTA GO BACK TO THB RBAL WORLD 1 m i m id BY GARRY TRUDEAU n M m I
      44 words
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      Page 7 Advertisements Column 1
      141 7 KS* I ■u X ir- H 9 8 n JL ft 'A i j WE'VE BECOME PRETTY GOOD AT PUTTING PINS ON OUR WALLj| Wre quite happy filling in the blank spots on our wall. And with more than 1000 offices in over 174 countries we re getting very good
      141 words
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  • MONEY AND EXCHANGES
    • Article, Illustration
      World interest rates
      200 8 Indicates the average of the prime lending ratee of 12 major banks In S pore Interbank market rates (offer/bid) on June 20 us$ DM SWFC Y*n 7 dart 1 ml* 6 nrth 12 9 l/J 3/8 9 1/2 9 3/8 9 1/2 9 3/8 9 7/16 3/16
      200 words
    • Article
      Government Securities Market
      113 8 Treasury bills Day's Period Issue Yesterday's closing code Maturity BID OFFER HIGH LOW 3 months BQ*****S 14.09.89 4.06 4.01 4.01 3.98 6 months BQ*****H 23.11.89 4.06 4.01 4.25 4.24 1 yar BQ*****F 24.05.90 4.26 4.21 Government notes and bonds Period Issue Maturity Coupon Yesterday's closing Day's code
      113 words
    • Article
      Lock icon IMM
      302 8 Reuter IMM CURRENCY futures settled slightly higher in thin, lacklustre trade on Monday. There was little news to spark dealings ahead of important US economic data at week's end, including Thursday s final first quarter gross national product figures and Friday's durable goods orders and personal income consumption, traders
      Reuter  -  302 words
    • Article
      Money markets
      62 8 THE OVERNIGHT fell by 1/16 to 5 3/8 on the Singapore money market yesterday. One-month rate rose by 1/16 while the two and three-month rates remained unchanged. S$ Interbank rates at the close yesterday: OffH AID nig* 5 3/8 J 1/4 1-month S 5/16 5 3/16 2-month S
      62 words
    • Article
      Options
      1238 8 CURRENCY FUTURES OPTIONS Tuesday, Jung 20, 1989 0EUT8CHCMARK (SIMEX) Sap M calta Sop M put* High Low Son High Low Soo 52 173 53 241 54 318 JAPANESE YEN (SIMEX) Sop 89 call* High Low 75 1 1 'I I 1 CURRENCY FUTURES OPTIONS IMM Monday, Juno 19, 1989
      1,238 words
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      409 8 IT'S EASY TO UNDERSTAND WHY MASTER CHEFS IN HANGZHOU SEEK INSPIRATION FROM THE REGION'S HEAVENLV LANI)S(.AI I. FOR THEIR CULINARY EXPLORATIONS fv v I i W. v~ u- w srf V J 4? "X JP V i i PiC Hi .r f f* •'■4s -V V 'K iS] iff? 5s?L
      409 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Co-op receivers to help staff find jobs
      229 9 Bernama RECEIVERS of the Central Co-operative Bank (CCB) have agreed to diatribute to other financial inatitutiona names and particulara of the bank's 193 retrenched workers for prospective reemployment, Malaysia'a deputy finance minister Datuk Loke Yuen Yow said in the Malaysian Parliament yesterday. The
      Bernama  -  229 words
    • Article
      Forex markets
      1691 9 SINGAPORE: THE US dollar closed lower yesterday from New York levels against most currencies on profit-tak-ing and stop-loss selling, dealers said. It closed at 143.35/45 yen and 1.9685/95 marks against New York's 144.35/45 yen and 1.9760/70 marks. Dealers said an early attempt to push up the dollar invited
      1,691 words
    • Article
      Comex gold/ silver futures
      167 9 Gold futures on Juno 19 1989 100 tray ouncas; USS par troy ounc* OfM Mtgh Loo SaMa tun 364 00 368 00 365.90 367.10 >2.00 M 368.40 2.00 Aug 368 50 371.50 368.10 370.60 -*■1.80 Oct ***** 375.50 372.60 ***** 2.00 Ok 377.00 379.90 376.30 378.80
      167 words
    • Article
      Lock icon Asian $ market
      280 9 Asian market Reuter ASIAN dollar deposit rates finished at their opening levels after quiet trading yesterday. The market is looking to Thursday's release of the second revision of US first quarter GNP data and Friday's US May durable goods orders and personal income and consumption. Short-dates eased 1/16 point at
      Reuter  -  280 words
    • Article
      Lock icon Simex
      502 9 BA Futures SEPTEMBER EURODOLLAR futures opened at the day's high but unchanged from Simex close at 90.96. Prices continued to ease undermined by a weak US dollar sentiment. Trading was lacklustre in the absence of fresh factors. The September contract ranged from 90.96 to 90.90 before finally settling at
      BA Futures  -  502 words
    • Article
      Lock icon EC ministers agree on banking liberalisation
      494 9 FT WIDE-RANGING proposals for the liberalisation of banking in the European Community won agreement from EC finance ministers on Monday. The ministers overrode West German objections to give the initial go-ahead to the creation of a single EC banking licence in January 1993. This
      FT  -  494 words
    • Article
      Lock icon ECU to include Spanish and Portuguese currencies
      451 9 AFP FINANCE MINISTERS of the European Community on Monday approved the inclusion of the Spanish peseta and Portuguese eecudo in the European Currency Unit (ECU), whose weighting, they said, would be revised in September. Although the move had been expected (or several months,
      AFP  -  451 words
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      Page 9 Advertisements Column 1
      246 9 Is corporate travel burning a hole in your balance sheet? c V v, 15 6 >. Y \> If, like so many other companies, you find corporate travel is becoming the third largest controllable expense after salaries and overheads, give vour travel planners the opportunity to improve your results. Give
      246 words
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  • COMMODITIES
    • Article
      Lock icon Precious Metals
      323 10 Reuter HONGKONG: Gold closed slightly higher yesterday in quiet and thin two-way trading. Bullion ended at U*****.70/367.20 an ounce against an initial U*****.50/367 00 and compared with Monday s New York close of US$366 00/50 Locally, the tael rose HK$l2 to close at 3,414. Coins were generally higher.
      Reuter  -  323 words
    • Article
      London markets
      234 10 London 1 Commodity Exchange Buyer/Seller closing prices on June 19 (£/tonne unless specified). Previous closing prices in parenthesis. Coffee Basis In-store London, sellers option CIF London Jul 1120/1127 (1140/1138) High/Low 1135/1109 S*P 1083/1087 (1090/1096) High/Low 1088/1070 Sales (2291) Cocoa Jul 800/805 (810/810) High/Low 808/795 Sep 822/823 (834/832) High/Low
      234 words
    • Article
      Lock icon Palm Oil
      457 10 Reuter Barnama MALAYSIAN CRUDE PALM OIL prices closed off the day's highs yesterday on light profit-taking and speculative selling June south closed five ringgit up at 892.50 ringgit a tonne after trading at a high of 897.50 while central traded from 885 to 882.50 ringgit. The refined palm
      Reuter; Barnama  -  457 words
    • Article
      Produce Prices
      195 10 Chinese Produce black FOB NLW 527.50 Exchange Sarawak Asta block FOB NLW 550.00(N) lampong block Sellers' noon closing prices on FOB Asto NLW 550.00(N) June 20 (SS/100 kg) Coconut oil Coffee Bulk FOB 106.00 API FOB NSW 350.00 Old drum FOB 116.00 AP2 FOB NSW 300.00 New drum
      195 words
    • Article
      Lock icon Soybean/Wheat
      318 10 Reuter CHICAGO Board of Trade soybean futures rallied to near their 30-cent per bushel limit on Monday on weather concerns before easing to end with gains of 14-1/4 to 20-3/4 cents a bushel. New crop November ended 18 cents higher at US$6 69. A combination of forecasts for hot.
      Reuter  -  318 words
    • Article
      RAS and MRELB
      277 10 RAS prices m S cMWkg, FOB m bm\t 1 NOON CLOSE Bwyofs Sailors ftuyors Sollors trrt 1 RSS Prompt 187.00 188.00N 185.00 186.00N lot 1 RSS Jwty 09 185.00 186.00N 183.00 184.00N Wit 1 RSS Aug 189.00 190.00N 187.00 188.00N Int 2 RSS OP 184.00 186.00* 183.00
      277 words
    • Article
      Lock icon KL Tin
      151 10 Reuter THE Kuala Lumpur Tin Mart at rota three cants to M 526.50 a kg yesterday In brisk trading, brokers said. European and local traders took the 41 tonnes on offer, down from 44 tonnes on Monday. Higher bkls of 80 tonnes against offers of 29 at the
      Reuter  -  151 words
    • Article
      Lock icon Rubber
      344 10 Reuter SINGAPORE: RUBBER prices closed higher yesterday but below early highs in quiet trading. Dealers said local selling after losses in the Japanese markets in the afternoon pared some of the morning's gains. July 1 RSS was quoted at 183.00 cents a kg. up two cents from Monday's close.
      Reuter  -  344 words
    • Article
      SSR and SMR
      77 10 JULY 1989 AUGUST 1989 (currant month) (forword month) RAS NOON NOON Suy«n Saltort twyart S*N*n SS« 30 1 53.50 155.SON 15X50 155JON SSR SO 151.50 153.50N 151.50 153 JON MRELB Buy«rt bywt Srfwi SMR CV 242.00 244.00N 244.00 246.00N SMR I 244.00 246.00N 246.00 248.00N SMR 5
      77 words
    • Article
      Lock icon Crude Oil and Products
      140 10 Telerate FUEL OIL market continued to trade nervously, succumbing to the downside pressure of market forces. Prices weaken due to ullage problems and ample cif Japan cargoes which were seen flooding the Singapore market. Moreover, excess supply situation was aggravated by news that bunker CST-180 sellers
      Telerate  -  140 words
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      Page 10 Advertisements Column 1
      244 10 Executive Chef Mr Hsieh Chiu-Lin iims WmA r X -V. A i w ,#i¥ I Mk f ■Wife |j>bster Salad Cold Cuts Pork Hil) Spr« lal V'.* v rat.- > v ;i ,-9 llr 4. x 4 NHHL Mini K» Tiao <Jiant{ M* m**Fk FT Hr *r w Steamed Snip
      244 words
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      Page 10 Advertisements Column 2
      269 10 Get a Clearer Sight ofybur Eye-Care Needs World Trade Centre Hall 3 June 22 to 25 1989 comprehensive Conference Optics Asia '89 is a comprehensive international showcase of the latest in optical equipment and products for the professionals and the end-users. Find out the healthy ways to eye care With
      269 words
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  • FOCUS
    • Article
      Lock icon Tone of moderation from Qiao Shi
      732 11 China appears to be adopting a moderate stance after its harsh crackdown on pro-democracy protesters recently. Although tension continues, Beijing's measures are paying off. There are signs that Chinese citizens are returning to their normal activities in the major cities. Urhe China question FT
      FT  -  732 words
    • Article, Illustration
      Lock icon Life seems to be back to normal
      777 11 AFP LOVERS AND HAWKERS are back on Beijing's broad Jianguomenwai Avenue where just two weeks ago, massive convoys of tanks ploughed through burning wrecks of buses, and soldiers pierced residential buildings with machine-gun fire. On a warm summer evening, hundreds of Beijing residents
      AFP  -  777 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      462 11 >*■*> V N 13 BREITLING HAS LEFT ITS MARK ON LAND. SEA AND AIR. BiettHng watchmakeis. masters on land, ak and sea. have designed the Brettling Chronomat to reach depths of 100 metres. Totally reliable with self-winding chronograph. 12 hours timing, ratcheted bezel, anti-giare coated sapphire crystal and a tachy-meter
      462 words
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  • PERSPECTIVE
    • Article
      Case for full integration
      483 12 THE LOCAL banking industry is fast shaping up into five distinct groups. Since laat month, customers of OCBC Bank and its two banking subsidiariss hsvs been abls to conduct basic banking businsss At any of ths group's 46 branches on ths island. Those who bank with
      483 words
    • Article
      Lock icon Future in doubt
      870 12 BANK FOR INTERNATIONAL SETTLEMENTS The Economist IF A EUROPEAN central bank ever comes about, the doyen of multilateral institutions will lose a limb. At present the joint activities of the Community's central bankers take place at the Bank for International Settlements (BIS) in the solid Swiss town
      The Economist  -  870 words
    • Article
      Lock icon Anxiety in the City
      1078 12  -  London's strength as a world financial centre may be under threat. RICHARD LAMBERT looks at a far-reaching study. RICHARD LAMBERT FT IN THE CITY OF LONDON, pessimism is the flavour of the month. In marked contrast to the buoyant mood of a year or two ago,
      FT  -  1,078 words
    • Article
      Lock icon Clouds on the horizon
      655 13  -  Japan's economy is said to be cruising at a very high altitude, but there could be problems in the future. RICH MILLER reports. RICH MILLER Reuter JAPAN'S economy turned in what government officials called an ideal performance in the latest quarter but private economists said they
      Reuter  -  655 words
    • Article, Illustration
      Lock icon Geisha scandal will test Uno's popularity in July polls
      640 13  -  By STEWART SLAVIN UPI JAPANESE VOTERS, angered by government corruption and a mx scandal allegedly involving Prime Minister Sousuke Uno, will go to the polls on July 23 in a parliamentary upper house election expected to determine whether Mr Uno's embattled
      UPI  -  640 words
    • Article
      Lock icon Flowering of the Greens
      707 13 SUCCESS IN EUROPEAN PARLIAMENT ELECTIONS Reuter DISMISSED UNTIL recently as an ill-organised collection of bearded. sandal-wearing cranks, the Greens of Europe have put their political potency beyond all doubt in elections to the European Parliament. Bombarded with "doomsday" predictions about world ecology and imbued with a
      Reuter  -  707 words
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      251 12 GAT mwo crystalline towers rise 37 storeys dominating the skyline. While at their base, the waters of nine fountains dance a medley of sparkling enchantment All in a park-like plaza created by shady trees. This then is The Gateway. A landmark project designed by world renowned architect, I.M. Fei. The
      251 words
  • Page 12 Miscellaneous
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      Page 13 Advertisements Column 1
      283 13 for tenants Industrial taxi stands >» T T H1 Ei 3 WAY COMPim CONVENIENCE ST* I' I The proposed Singapore International Convention and Exhbition Centre will be situated across the road. Qose to 5-star hotels in Marina Square and Raffles City. SHEER LUXURY AND PRESTIGE f >. 750,000 sq. ft
      283 words
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  • LEISURE
    • Article, Illustration
      Lock icon Yeltsin doing his bit for Aids victims
      419 14 BOOKS NYT SUMMIT BOOKS has acquired the rights to a new book by Boris Yeltsin, the maverick Soviet communist. And some of the proceeds will go to fight Aids in the Soviet Union. Yeltsin made Soviet history recently when he was denied a
      NYT  -  419 words
    • Article
      Lock icon Illuminated manuscript book fetches £1.87 m
      250 14 auctions AP AN ILLUMINATED 15th-century French manuscript book has been sold for £1.87 million, the second-highest price ever paid for a manuscript at auction, Sotheby's said yesterday. The manuscript from the collection of the late Major J R Abbey, known as the Monypenny Breviary,
      AP  -  250 words
    • Article, Illustration
      Lock icon Mori weaves empire on silk and steel
      731 15 FASHION AP WHEN COUTURIERE Hanae Mori i throws a party in the five-storey Han- < ae Mori building in Tokyo on June 30. she'll have more to celebrate thaa < just 35 years in the fashion business. Her company's turnover of over US$4OO
      AP  -  731 words
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      831 14 COURVOISIER VS.O.P-WHECE TO [NTtCIUS ONE GOOD REASON TO LUNCH AT THE PALM GRILL IS OUR APPET ISER BUFFET ANCXTHKR IS THE CHOICE OK MAIN CXX'RSES. or etwcen $26+ and $40+ you can select from our appetiser GRILL buffet including seafood, smoked salmon and oysters. Choose from many lavish main courses.
      831 words
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      Page 14 Advertisements Column 2
      173 14 /^«lTslrj>>r rp We lay the magnificence and opulence of the British on our tables this month. Tuck into delicious Beef Steak smothered in onions, Steak and Kidney Pie, Irish Stew. Yorkshire Pudding, Dundee Cake and Richmond Maids of Honour, to name a few. Even the Royal Guards will put their
      173 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      132 15 Some Of The Best U. Beef Is Found In The Park. From June >-24, you can sampledelicious U.S. Beef at two of Century Park Sheraton 's restaurants. Unkai offers traditional Japanese specialities for lunch and dinner prepared with prune grade U.S. sirloux or tenderloin of beef. Huhertus Grill u< the
      132 words
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      Page 15 Advertisements Column 2
      25 15 There's a time ti work, a time to play.. and a I tine to share your ■vv-r.-.- ?rr-: HHT 4 COGNAC COURVOISIER, d Ist/tr dm
      25 words
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      Page 15 Advertisements Column 3
      116 15 <§o to There Is a little bit of Indonesia right here in Singapore. Sdero Indonesia Bogindo, Singapore's only authentic Indonesian Nasi Podang resfor lunch and touront. Even our chefs come from the Indonesian town of Podang be back before (If you haven't alreody guessed, that's where Nasi Podang origi the
      116 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      747 15 CRYPTIC PUZZLE ACROSS 1 Bits of a broken strap (5) 6 Provides somewhere to drink on the railway (5) 9 Just a conqueror (7) 10 Like a bill with which to soak someone (5) 11 As a rule, a key in a split ring? (5) 12 Achieve mounting advancement (3.
      747 words
    • Miscellaneous
      Page 15 Miscellaneous Column 2
      1289 15 TV and RADIO OUR CHOICE INSIGHT, B.oopm, SBC 12 (I) Dolphins. The first in a collage of news stories, it reports on the dolphin massecre by fishermen who net the mammals in their search for the yel-low-finned tuna. With the latter being a lucrative commodity, the dolphin killings are difficult
      1,289 words
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  • SPORTS
    • Article, Illustration
      Lock icon Martina, Evert turn back the clock
      498 16 7ENNIS AP STILL MOBBED by adoring fans, they shrug off retirement jibes with fierce determination and say they are enjoying a new lease on life. Chris Evert and Martina Navratilova. the American veterans who dominated women's tennis for a decade, are getting set for
      AP  -  498 words
    • Article
      So you want to take up the game
      412 16  -  By A SURENDREN ASPIRING TENNIS PLAYERS, inspired by the recent showings trom youngsters Arantxa Sanchez and Michael Chang in the French Open, will soon have an avenue open for them to take up the game. Starting from next Thursday, Singapore Broadcasting Corporation
      412 words
    • Article, Illustration
      Lock icon LeMond's back in gear
      451 16 CYCLING AP IT IS A hectic time for Greg LeMond, with or without cycling. The most accomplished US cyclist ever is planning four days of racing this week in Spain, training in the mountains and re- j turning to his home in Belgium for two more
      AP  -  451 words
    • Article
      Lock icon Breu keeps yellow jersey
      123 16 AP KURT STEINMANN won Monday's leg in the Tou»- of Switzerland road cycling race, topping off a 180-km (112 miles) solo effort. Countryman Beat Breu retained the yellow jersey of overall leader. Joined by Fabio Roscioli. Steinmann dashed ahead after 20 km and built up a
      AP  -  123 words
    • Article
      Lock icon Cram in awe of new sensation Ereng
      366 16 ATHLETICS AFP STEVE CRAM was to duel under the Seville sun with the new sensation of world athletics, Kenya s Paul Ereng, yesterday. In his first 800 metres outing since he crashed out of the heats in the Seoul Olympics. Cram was set
      AFP  -  366 words
    • Article, Illustration
      Lock icon Gower ready, Lamb doubtful for Lord s Test
      293 16 CRICKET AFP DAVID GOWER's troublesome shoulder will not prevent him from leading England in the second Test against Australia at Lord's tomorrow However. Allan Lamb, who scored a magnificent century in the first Test defeat at Headingley, will make a final decision
      AFP  -  293 words
    • Article
      Lock icon Fiaht proposed between Tyson and Mandarich _ :-i contort tn his manaae
      272 16 Fiaht proposed between Tyson and Mandarich :-i contort tn his manaae BOXING AP BOXING PROMOTER Don King and billionaire Donald Trump have shown new interest in a proposed fight between heavyweight champ Mike Tyson and Tony Mandarich. draft pick of pro football's Green Bay Packers, an agent says. Agent Vern
      AP  -  272 words
    • Article, Illustration
      Lock icon Lendl, Graf take top seeding for Wimbledon
      636 16 AP THE TOP PLACES were no surprise, but grass-court experience boosted John McEnroe and Tim Mayotte and knocked teenager Michael Chang down a few of the notches as seedings were announced on Monday for Wimbledon. Ivan Lendl of Czechoslovakia, seeking the one Grand
      AP  -  636 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Hotel operators get injunction against Faber Merlin
      545 17 Bernama THE OPERATORS of Kuala Lumpur Merlin Hotel obtained an injunction from the Malaysian High Court yesterday stopping Faber Merlin Malaysia Bhd from taking control of the hotel. Besides the injunction, Kuala Reman Estates Bhd and Hotel Merlin Kuala Lumpur Sdn Bhd were
      Bernama  -  545 words
    • Article
      NISM gives more details about $100 m bond issue
      212 17 NATIONAL IRON and Steel Mills Ltd has provided additional details about the proposed $100 million bond issue with detachable warrants announced last week. NISM shareholders with registered addresses in Singapore can apply for warrants that have not been taken up by
      212 words
    • Article, Illustration
      C & C may take stake in KL Merlin
      496 17  - C C may take stake in KL Merlin By ELAINE KOH CYCLE CARRIAGE Ltd. distributor of the Mercedes Benz. is likely to take a stake In the Kuala Lumpur Merlin, along with Hotel Properties Ltd and a Honakona Darty. BT understands that discussions are still continuing and that an agreement
      496 words
    • Article
      Van Der Horst reports 24pc rise in interim profit
      332 17 ENGINEERING GROUP Van Der e Horst Ltd has turned in a 24 per n cent increase in its group aftertax profit tor the six months ended March 31. 1989 The group, which made a turnaround last year, saw its.interim earnings rise
      332 words
    • Article
      Keppel Corp to tap US market through ADRs
      417 17  -  By DEXTER LEE KEPPEL CORPORATION has launched a sponsored American Depositary Receipts (ADRs) programme in a bid to widen the US ownership of its shares. Keppel has appointed the Singapore branch of Citibank NA as its depositary bank, making the shipping conglomerate
      417 words
    • Article
      Lock icon Alcan chairman to retire after 40 years of service
      218 17 Bernama DAVID CULVER, chairman and chief executive officer of Alcan Aluminium Ltd of Canada will retire at the end of this month, having completed 40 years of service with Alcan. Mr Culver, who is 84, became chairman in 1987. He has
      Bernama  -  218 words
    • Article
      APPROVED ISSUES
      170 17 Company RIGHTS ISSUE Chuon Hup On* to»'two unsecured Hooting rote* notes Wirt* on* T$« ot $1 05 per shore Ex dote June 9 Books dow June 21 landmark Hldgs On* for one Ot por Ex dote Moy 10 Books close May 25 Acceptance Payment July 4 MBf Finance
      170 words
    • Article
      PROPOSED ISSUES
      340 17 Company RIGHTS ISSUE Alcom Proposed coo'ol reduction fro* M$8i 56 »o M$l6 3tm through o writedown of M)l por value to M$0 20. followed by the consolidation of five of the 20-sen share into one shore of M$! eoch tights issue of three for-one M$080 Ay«r Hitam Tin
      340 words
    • Article
      Lock icon Maybank, AIA launch automatic debit service
      253 17 Bernama MALAYAN BANKING Bhd (Maybank) and American International Assurance Co Ltd (AIA) yesterday launched the MaybankAIA auto-debit service after about three years of work. With the service, all insurance policy holders of AIA can now make their premium payments automatically via the bank. This
      Bernama  -  253 words
    • Article
      Lock icon Lam Soon in US$43m can-making venture in Taiwan
      107 17 Reuter BALL CORPORATION said it entered into a joint venture with Hongkongbased Lam Soon (HK) Ltd to build in Hsin Feng, Taiwan, a US$43 million two-piece aluminium beverage can plant capable of producing 1,600 cans a minute. Ball said it would own
      Reuter  -  107 words
    • SES
      • Article, Illustration
        Day of subdued trading as investors await fresh leads
        1100 18  -  By JOSEPHINE CHAN SHARE PRICES on the local bourse closed lower in quiet trading yesterday, as investors stayed on the sidelines in the absence of fresh leads. The Straits Times Industrials Index slipped 1.28 points to 1,303.12, without moving past Monday's
        1,100 words
      • Article
        Unit trusts
        339 18 Managers' prices (S) OCBC-SIMBl Investment for Jwne 21 So vers Cop«tol Fund 101 106 Savers T rust Fund 1 00 1 05 Singapore Unit Trust OUB Investment Mgt TKo Cimtro Th* Saongs fund S'por* f'Ofl fund S'por* S« fund S'por* lnv*V fund I.II 099 0*5 075 105 049
        339 words
      • Article
        COMPANY MÈTINGS
        74 18 UMW HOLDINGS BHD: 7th AGM at the UMW Auditorium. UMW Holdings Berhad. Jalan Utas (15/7), Batu Tiga Industrial Estate. ***** Shah Alam. Selangor Darul Ehsan. tomorrow at 11am. APOLLO ENTERPRISES LTD: 21st AGM at the Conference Room. 3rd Floor. Apollo Hotel. 405 Havelock Road. Singapore 0316. on Friday.
        74 words
    • Article
      SES SHARE INFORMATION
      6197 18 1989 T«l High Low Coda Company Laet Vol Day Lm Sale -For- (*000) High Low Buy JUN 20 H Quota or Sollfl Dtv Dtv *r Cvr rid Not M Cap P/E SmN DEBENTURES, BONOS, LOANS 284 124 X 1543 CK Tang Wt 1990 4514 14% 1 1500
      6,197 words
    • KLSE
      • Article, Illustration
        Lock icon KL shares inch upwards
        3575 19 MBT SHARE PRICES closed slightly higher on the Kuala Lumpur stock market yesterday in another dull session. As of late, trading interest remained scanty as investors adopted a wait-and-see attitude, mostly taking their cuee from overseas. Blue chips were firm but speculative counters came under selling
        MBT  -  3,575 words
    • REGIONAL MARKETS
      • Article
        Lock icon Bond may scrap plan to sell brewing assets into Bell Resources
        606 20 Reuter ALAN BOND may scrap a A 53.5 billion plan to sell Bond Corp Holdings Ltd's brewing assets into Bell Resources Ltd. Mr Bond, in a wide-ranging interview, said Australian Stock Exchange (ASX) authorities' demands for a fiveyear balance
        Reuter  -  606 words
      • Article
        Lock icon Bangkok: Index down
        143 20 Reuter THE Stock Exchange of Thailand Index yesterday fell 5.80 points to 564 02 points on a turnover of 9,563,650 shares valued at 872.35 million baht. 3ank Of Ayudhya 32® ;haroor>g Thai Wlra C«W* Dtiana SJam Fin i.l. Flhra 109 -4 I Dualtani I I EMI AalaWc
        Reuter  -  143 words
      • Article
        Lock icon Taipei: Sharply lower
        368 20 Reuter A LAST-MINUTE sell-off by many investors in Taipei reversed early gains and pushed the weighted index sharply lower yesterday, brokers said. The index fell 264.81 points or 2.6 per cent to 9,841 compared with Monday's 10,105.81 finish. Turnover jumped to NT5122.99 billion from NT5109.25 billion on
        Reuter  -  368 words
      • Article
        Lock icon Manila: Listless trading
        191 20 Reuter MANILA share prices j cloeed steady In lackluatre trade yesterday marked by profit-taking ahead of an anticipated market rise, dealers said. The Manila stock exchange composite index eased by 0.77 point to 1,064 points. Combined volume at the two bourses fell to 1.19 billion shares valued
        Reuter  -  191 words
      • Article
        Lock icon New Zealand: Sluggish day
        98 20 Reuter THE LISTLESS New Zealand share market yesterday closed virtually unchanged in a generally unmeritorious day. brokers said. They noted that buying came mostly from overseas with attention confined to the few liquid stocks listed. The Barclays Index fell 0.38 points to 1,932.35. Brokers said sentiment
        Reuter  -  98 words
      • Article
        Lock icon Seoul: Rebound
        174 20 Reuter SEOUL STOCKS rebound-i ed on bargain-hunting yesterday after price falls in the past four days, and on speculation that the government might take further steps to boost corporate investment, brokers said. The composite index near the close stood at 907.10. up 11.52 points from the previous session.
        Reuter  -  174 words
      • Article
        Lock icon Bombay: Active trading
        195 20 Reuter BOMBAY share prices I I rose selectively in hectic trading yesterday behind i market leaders Tata Steel i and Tata Engineering and Locomotive Co Ltd (Telco), dealers noted. They said excellent results by the two firms cheered sentiment. Telco posted a net profit of 700.3 million
        Reuter  -  195 words
      • Article, Illustration
        Share prices finish mixed
        1360 20 Hongkong HONGKONG share prices ended mixed yesterday in quiet trading after a three-day holiday weekend. brokers said. The Hang Seng Index finished 4.70 points down at 2.337.71. Turnover was HKS74I million, below Friday's HKS997 million. The index rose 19 points to the session high of 2.361
        1,360 words
      • Article, Illustration
        Lock icon Stocks up broadly
        470 20 Tokyo Reuter BLUE CHIPS led the Tokyo market to a morning rebound yesterday but share prices hovered in a narrow band most of the afternoon, closing broadly higher in moderate trade. Signs of stability in currency rates tempted some investors back into the market after recent low
        Reuter  -  470 words
      • Article, Illustration
        Higher close
        446 20 Australia OFFSHORE buying and demand from domestic institutions pushed the Australian share market higher by the close yesterday, dealers said. The All Ordinaries Index closed 9.5 points higher at 1,535.8. Brokers said Hooker Corp, which fell 35 cents to 64 cents after it appealed to banks to keep
        446 words
    • WORLD MARKETS
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        293 21 Reuter ZURICH: Swiss shares yesterday closed at their highest level so far this year, boosted by declining Swiss interest rates, dealers said. Trading was lively, with demand centred on industrial shares, led by chemicals. "The fundamentals are just right. The dollar is not too high and not
        Reuter  -  293 words
      • Article, Illustration
        Lock icon Stocks finish weaker
        809 21 New York Reuter TAKEOVER ISSUES, both real and rumoured, took centre stage on Monday in an otherwise lifeless da y or v Street. Stock prices sagged at the close, as investors paused for bream following Friday s hectic trading, when certain futures and options contracts expired. The
        Reuter  -  809 words
      • Article, Illustration
        Lock icon Equities open firmer
        975 21 London Reuter LONDON SHARES were firmer across the board at the opening yesterday with concern over an imminent rise in British interest rates receding further as sterling gained a pfennig and a cent in the morning. By 0810, the FTSE 100 was 13.8 points higher at 2,168.5
        Reuter  -  975 words
      • Article
        Selected indices
        1295 21 HONGKONG All Industrials Tuesday 2.519 8 Hongkong Index Monday 2.504 5 Tuesday 1.***** Week ogo 3 Monday Ck>s«d Wtak ago 1.553 19 NEW YORK Hang Seng Index Dow Jones Tu«iday 2.337 71 Monday 2.479 89 Monday Ooi«d Friday 2.486 38 We«k ago 2.355 19 Week ogo 2.518 84
        1,295 words
      • Article
        Lock icon NWA accepts USs3.6b offer from Checchi's group
        291 21 Reuter THE three-month battle for NWA Inc ended on Monday when the parent of Northwest Airlines accepted a US$3.6billion bid from a group led by Los Angeles investor Alfred Checchi. The US$l2l-a-share offer by Wings Holding Group, which includes such diverse parties as
        Reuter  -  291 words
      • Article
        Lock icon Pan Am reviews options on NWA
        85 21 Reuter PAN AM CORP is reviewing its options following NWA Inc's acceptance of another bid and rejection of PanAm's offer for the parent of Northwest Airlines. "We're reviewing our options. We have no further comment at this time," a PanAm spokesman said. Traders said
        Reuter  -  85 words
      • Article
        Lock icon Gateway accepts £2b bid by new company
        476 21 Reuter BRITAIN'S third largest food retailer, Gateway Cor- foi poration pic, has accepted th< a£2 billion cash bid worth ag 225p a share from Newga- pr teway pic. Gateway is the subject Sl of a hostile £1.9 billion offer fo from Isosceles pic
        Reuter  -  476 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      94 17 WANTED: INVESTOR WITH WORKJNG CAPITAL TO INVEST IN SOUTHERN CALIFORNIA U.S.A. FLOORING BUSINESS AND COMMERCIAL REAL ESTATE. OWNER VISITS SINGAPORE IN SEPTEMBER. REPLY TO: Daniel Henry P.O. Box ***** Newport Beach, California *****-0254 USA. AEROLEASING FAR EAST C ANYTIME, ANYWHERE, YOUR PRIVATE JET IN ASIA. CALL 24 HOURS A DAY
      94 words
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      Page 17 Advertisements Column 2
      157 17 CURRENCY INVESTMENT I AMI KIC.W I \PKI ss B\\k TEL: 321 3333 More shares for your investment dollars Are your funds locked up in stocks and shares? Wouldn't it be great if you can use them yet, at the same time, not liquidate your shares? OUB has your answer in
      157 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      20 17 OT/W SCiXHV/C<jf rwrgcxv frp 77//£<. S/fTV&h/ J»W /ts£~6e&s 7& A&Jt-rv-rMr77zsjrz fr/SA*: £*/£4 mrvf &£rr. by Martell •fZ&SSSffi&r I (Z M'&cf!
      20 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      961 20 a LIAN HUAT HANG (Incorporated in the BALANCE SHEET AS AT 31 ST DECEMBER 1988 FIXED ASSETS CURRENT ASSETS Hire purchase and leasing debtors Loans and advances in*- Provision for doubtful debts Statutory deposit with the Monetary Authority of Singapore FINANCE LIMITED Republic ol Singapore) Deferred taxation s calculated using
      961 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      707 21 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PACIFIC GAIN FISH PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of PACIFIC GAIN FISH PTE LTD duly convened and held at 2 Finlayaon Green #12-03, Asia Insurance Building, Singapore 0104,
      707 words
    • Advertisement
      Page 21 Advertisements Column 2
      387 21 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND FOCUS SALES SERVICES PTE LTD (Incorporated in the Republic of Singapore) (In Members' Voluntary Winding Up) At an Extraordinary General Meeting of the members of Focus Sale* ft Services Pte Lid duly convened and held at 67 Jalan North am.
      387 words
    • Advertisement
      Page 21 Advertisements Column 3
      122 21 V«J» m Fine HandJenatted Carpets Mmmmsm l.v H Jjg 'Y-l Sunday, June 25, 1989 Grand Ballroom Hilton International Singapore 'iw 9 I -s?,s> •V-" *> w* All lots are guaranteed and backed by a full trade in value at our showroom. Auctioneers Cheong Koon Seng (CKS) Auctioneers Valuers Pte Ltd
      122 words
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  • Article
    Lock icon M'sian trade surplus in first two months came to M$l.4b
    496 22 EXPORTS UP 19pc, IMPORTS UP 33pc Bernama MALAYSIA'S exports rose to MS9 36 billion in the first two months ot this year, up 19 38 per cent from the same period last year, Deputy Trade and Industry Minister Datuk Kok
    Bernama  -  496 words
  • Article
    Lock icon M'sia defers tax ruling on pioneer companies
    311 22 AFP MALAYSIA yesterday deferred the introduction of a law that analysts said would cause companies with pioneer status to pay more taxes than they normally do after their special tax-relief period expires. Trade and Industry Minister Rafidah Aziz told businessmen that the ruling
    AFP  -  311 words
  • Article, Illustration
    Lock icon 'China normal', but arrests continue
    423 22 AP NEW ARRESTS of Chinese and harassment of foreign journalists were reported yesterday while Chinas official media was stressing that all was normal after weeks of political turmoil. The Supreme Court issued orders to all lower courts to "severely punish counter-revolu-tionary elements who have been
    AP  -  423 words
  • Article
    Lock icon 'China normal', but arrests continue White House, Congress discuss aid for Cambodian resistance
    420 22 AFP THE WHITE HOUSE and Congress are holding talks on enhanced assistance to the non-communist Cambodian resistance forces, the State Department said. "We are consulting with Congress to develop a bipartisan approach that would provide enhanced assistance
    AFP  -  420 words
  • Article
    Lock icon Asian envoys show interest in Thai southern seaboard project
    309 22 OANA-TNA DIPLOMATS from Japan, South Korea and China have shown interest in Thailand's southern seaboard development project after an observation trip to the Krabi deep sea port site on Monday, a senior foreign ministry official said in Bangkok yesterday. He said
    OANA-TNA  -  309 words
  • Article
    Lock icon Comex gold and silver
    89 22 Reuter COMEX GOLD futures firmed on early buying yesterday in anticipation that Chicago Board of Trade grains would add to Monday's weather-driven rally. August gold moved up US$l.2O at U*****.80 an ounce. Analysts said the inflationsensitive gold traders covered short positions and possibly committed new longs
    Reuter  -  89 words
  • Article
    Lock icon Sri Lanka imposes state of emergency
    112 22 Reuter THE SRI LANKAN government is imposing a state of emergency to maintain law and order and transport services hit by a bus strike. "We are reluctantly compelled to impose a state of emergency to maintain essential services and law and order," Deputy Defence
    Reuter  -  112 words
  • Article
    Lock icon Japan to delay restoring official aid to China
    232 22 Reuter JAPAN will delay restoring official aid to China because it is uncertain whether it would be proper following Beijing's military crackdown on pro-democ-racy demonstrators, a Japanese Foreign Ministry spokesman said yesterday. Tokyo initially postponed aid missions to China because of danger
    Reuter  -  232 words
  • LATE FILE
    • Article
      Lock icon Senai air cargo terminal plan
      38 22 Bernama THE Johor government is studying the possibility of turning the Sultan Ismail Airport in Senai into a major air cargo terminal in the region, Mentri Besar Tan Sri Muhyiddin Yassin said yesterday.
      Bernama  -  38 words
    • Article
      Lock icon State bodies default on loans
      33 22 Bernama ELEVEN Malaysian State Economic Development Corporations have defaulted in repaying Federal government loans over the past three years, Public Enterprises Minister Datuk Napsiah Omar sdld yesterday. Bernama
      Bernama  -  33 words
    • Article
      Lock icon MP for Teruntum quits seat
      22 22 Bernama NEWLY-APPOINTED Labour Minister Datuk Lim Ah Lek yesterday resigned as the state assemblyman for Teruntum. Bernama
      Bernama  -  22 words
    • Article
      Lock icon US plants spew chemicals in air
      28 22 AP US INDUSTRIAL plants are spewing 163 million kilograms of suspected cancercausing chemicals into the air annually, according to government statistics. AP
      AP  -  28 words
    • Article
      Lock icon Terrorists planning attack
      29 22 AP WEST GERMAN security officials have concrete evidence that terrorists are planning an attack on an airline at Frankfurt Airport. Hamburgbased Stern magazine reported yesterday. AP
      AP  -  29 words
    • Article
      Lock icon Soviet liner hits iceberg
      34 22 UPI A SOVIET cruise liner carrying nearly 1,000 people struck an iceberg above the Arctic Circle yesterday forcing hundreds of German tourists to abandon ship, authorities in Oslo said. UPI
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    Lock icon Siemens gets big Soviet contract
    207 22 AFP JUST A FEW DAYS after the end of Soviet President Mikhail Gorbachev s official visit to West Germany, Siemens electronics group has signed a spectacular contract with the Soviet Higher Education Ministry, Sueddeutsche Zeitung newspaper reported in Munich on Monday. The report was confirmed
    AFP  -  207 words
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    Lock icon Japanese economy continues growing
    225 22 AFP Reuter JAPAN'S economy in June entered its 31st month of continued expansion buoyed by steady growth in domestic demand amid latent inflationary pressures, the Economic Planning Agency said in Tokyo yesterday. In its monthly economic report, the agency said various economic data showed high levels
    AFP; Reuter  -  225 words
  • Page 22 Advertisements
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      163 22 r msk WHY START AT THE BOTTOM WHEN YOU CAN START AT THE TOP. No query is too small to demand the attention of our decision makers. You can be assured of the immediate personal attention you deserve at the top. Enquire about all our services. Residential and Commercial Property
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      Page 22 Advertisements Column 2
      140 22 £i special supplement IT'S BACK! BT's special annual supplement on the stock exchange. A sellout when It was launched last year. And required reading again this year, with topics such as: The China Crisis and Singapore's stock market. Which stocks where? Experts offer their views on the world markets. After
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      Page 22 Advertisements Column 3
      76 22 w J LW Investments Under Instructions From Changi Bus Company Pte Ltd For Sale By Tender COMMERCIAL DEVELOPMENT SITE at Changi Road/Lorong 106/Lorong 107 Freehold Tenure Site Area 3502.5 sq.m. Commercial Zone with plot ratio 3. Near Eunos MRT Station. o Suitable for retail/ office development. Tenders Close: Thursday 6th
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  • SHIPPING TIMES
    • PORT SIDES
      • Article
        Lock icon Tianjin handles more cargo
        147 23 AFP CHINA'S northern port of Tianjin handled a total of 9.83 million tons of cargo in the first five months of this year, a 26.4 per cent increase over the same period last year, the New China News Agency (NCNA) reported. The port, 120 km east
        AFP  -  147 words
      • Article
        Lock icon Cypriot ship runs aground
        54 23 Reuter THE 16,160 dwt Cypriot vessel Saronikos 11, which ran aground west of Kotka in the Gulf of Finland on June 13, was refloated on June 17 after discharging about 2,500 tons of cargo into a barge, Lloyds Shipping Intelligence said. The Saronikos II arrived at
        Reuter  -  54 words
      • Article
        Lock icon Rauma-Repola expects higher profit
        109 23 Reuter FINLAND'S Rauma-Repola Oy forecast its 1989 operating profit would be higher than in 1988 and said net sales would rise to about 12 billion markka vrom 9.72 billion markka. The engineering, shipbuilding and forestry group earlier said pre-tax profit in the first four months of
        Reuter  -  109 words
      • Article
        Lock icon Cleanup will not finish this year
        130 23 Reuter THE cleanup of the Alaskan oil spill will not be finished this year. Coast Guard Commandant Adm Paul Yost said. "As for the cleanup, it's progressing well," Yost told the Senate Commerce Committee, but added, "I don't think we will have a complete
        Reuter  -  130 words
    • Article
      Manila's shiprepairing more competitive
      259 23  -  By Al O Labita Jr THE Philippines is now competitive with Singapore. Japan, South Korea, Taiwan and Hongkong for shiprepairing, said Mr Yong Chee Min, executive vice president of Keppel Philippines Shipyard, Inc (KPSI). He cited KPSI and its subsid- iary, Cebu Shipyard and Engineering Works,
      259 words
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      Index to advertisers
      962 23 ABBS l.ne XII 4/5 ABC Contoinerlme XI S Accord Shpg VIII 3/4 AfS XIII 3 Ahrenkiel liner XII 5 AC Toepler xiii 5 Arrow lines XI s Assoc Corrtoge XIII 5 ANl IN 1/2 AfC line VII 4 API V 3 5 ASCI V 1 AHos line
      962 words
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      Lock icon Shareholders back Tiphook's purchase of Sea Containers
      186 23 Reuter BRITISH transport firm Tiphook pic said its shareholders approved its proposed purchase of Bermuda-based Sea Containers Ltd and its US$235 million rights issue to part pay for the acquisition. Tiphook is bidding US$B24 million in cash through Temple Holdings Ltd. a company
      Reuter  -  186 words
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      Malaysian government urged to start EDI project soon
      320 23  -  By G DURAIRAJ THE Malaysian government has been urged to act with greater urgency in getting the electronic documentation interchange (EDI) off the ground. In making the call, Kontena Nasional chairman Datuk Haji Khalid Ibrahim said, "the government must give greater priority
      320 words
    • Article, Illustration
      SML expanding further into other maritime activities
      542 23  -  By RAHITA ELIAS SEMBAWANG Maritime Limited, commonly perceived as a salvage company, is aggressively expanding in other maritime activities, mainly shiprepairing and harbour towage. As the salvage market is unpredictable, "our strategy is to increase the contribution of the other activities in the
      542 words
    • Article
      SNSC to hold 16th Annual GM on June 30
      165 23 THE Singapore National Shippers' Cauncil will be holding its 16th Annual General Meeting on June 30 at 11am. It will be held at Omni Marco Polo hotel in Tanglin 11, 2nd Floor. The agenda includes the approval of the minutes of
      165 words
    • Article, Illustration
      Lock icon Shipping shares going strong
      967 24 World stock markets continue upward movement Lloyd's Shipping Economist DURING RECENT months world stock markets have continued their upward movement, in some cases reaching post October 1987-crash highs. The best performing market has been Tokyo, which has reached an all-time high of 34,080. Generally, the shares
      Lloyd's Shipping Economist  -  967 words
    • Article
      Aussie conference lines hit out at new trade practices
      566 24  -  By JOHN SPIERS CONFERENCE lines have strongly criticised provisions of New Australian Trade Practices legislation which will prevent them collectively quoting cargo handling costs from wharf gate to ship as an integral part of freight rates. "It is the most ridiculous
      566 words
    • Article
      Shipping events
      210 24 June 22-23 The impact of new technology on Freight Transport, Lisbon, Portugal. (Details: PTRC Education Research Services, Glenthorne House, Hammersmith Grove, London W6). June 22-23 The Isle of Man, Risk Insurance Research Group conference, Castledown Hotel, Isle of Man. June 27-30 Ocean carriers, Lloyd s of London Press
      210 words
    • Article
      Lloyd's appraisal system for ships
      225 24 LLOYD'S Register Plan Appraisal Systems for Ships (LR PASS), a system of desk-top computer programs, is now available for IBM personal computers and its compatibles. The system provides a simple and efficient way of determining a ship structural scantlings in accordance with Lloyd Register's (LR)
      225 words
    • Article
      Who acts for whom ...
      2320 24 Who acts for whom A B AB Shipping Boustead Shpg Agencies (S) ABBS Lin* S M S Pte Ltd (S)/Tunes Setis (PK/KL) ABC Containerline NV Fargo Shpg Co (S) Accord Shpg Accord Shpg (S)/Accord Container Lin* (PK/PN) Ahrenkiel Liner Kim Shpg (S) Alfred C Toepfer Oceanua Shipping Agency (S)/Multlport Sdn
      2,320 words
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      Lock icon Weekly freights
      782 24 AFP THE freight market showed signs of a firmer trend over the past week, as better demand filtered through, operators said. After continuing its recent downward movement early on, the Baltic International Freight Futures Exchange (Biffex)'s Baltic Freight Index (BFI) made a partial recovery the latter part of
      AFP  -  782 words
    • Article
      Employers deny setting new pre-conditions
      412 25  -  By JOHN SPIERS AUSTRALIAN stevedoring companies have denied that they had set new pre-conditions for resuming negotiations on port reforms but admitted telling the government that certain matters had to be agreed for reforms to be effective. However, the Waterside Workers Federation said new demands
      412 words
    • Article
      London Freights
      643 25 CHARTERING conditions remained thin on Monday i and grain liftings out of the US were light, brokers said. I Business included wheat coverage from the US east coast to Bangladesh at a steady U5535.50, and similar fixing was said to have been concluded from the west coast, but
      643 words
    • Article
      SHIPPING LIST where your ships ore due..-and when
      11307 32 A guide to ships loading at Singapore for ports around the world I The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      11,307 words
  • Page 23 Advertisements
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      30 23 A lively way with mm words Available at all good bookthop* Federal Publications For advertising and circulation enquiries, please call Business Times Tel: *****11, Fax: 253-2821 Tlx: RS ***** BTAD
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      Page 23 Advertisements Column 2
      17 23 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
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      Page 23 Advertisements Column 3
      6 23 Shipping shares going strong, Page II
      6 words
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      Page 23 Advertisements Column 4
      392 23 "The Illustrated Encyclopedia of Wildlife" lortnitfhtlu at all good bookshops and news-stands ncwre/s, STP Distributors INSIDE iin IJJJ Stocks going strong DURING RECENT months world stock markets have continued their upward movement, in some cases reaching post October 1987-crash highs. The best performing market has been Tokyo, which has reached
      392 words
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      Page 24 Advertisements Column 1
      76 24 NOT ONLY. Far East/Southeast Asia to Jeddah, the Mediterranean area North Europe 'Gulf Asia Line' is a new, independent and very cost-competitive container service from CMA. It provides a 10-day service frequency for FCL cargoes from the Far East/Southeast Asia to the Arabian Gulf (via Dubai Mina Qaboos), Bombay Karachi.
      76 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      1055 25 WW/ 1 Vtlii tWt'll t«.» CjiuiliK' JARDINE SHIPPINC AGENCIES 200 Cantonment Road #12 05 Souttipowt. Singapore 0208 Te) *****11 TELEX NO RS ***** TERMINAL CFS Tel *****18 220 BOOKINGS Tel *****34 235 PESAKA JARDINE SHIPPING AGENCIES SDN BHD PORT KELANG TEI *****18 Tele» No MA***** MA***** PENANG TEI *****4 TELEX
      1,055 words
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      Page 25 Advertisements Column 2
      1288 25 "Port Penang Keiang LAURA M LEX A M MCKINNEV M LEOA M MARIT M LICA M MARCHES M I LEISE M 0906 27/6 8906 4/7 8906 11/7 8906 18/7 8906 25/7 8906 1/8 8906 8/8 8906 15/8 This «>••* Laura M Closing Time CY 26/6 2300 MRS CFS 26/8 1300
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  • Page 26 Advertisements
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      707 26 rage i* l U Hapag-Lloyd P KELANG SOUTHAMPTON HAMBURG BREMERHAVEN LARGS BAY CITY Of EDINBURGH LONDON EXPRESS KASUGA 1 BONN EXPRESS CAROIGAN BAY BENALDER KURAMA MARU lIIn I lUno, Dtirnoi, w. AMSTERDAM. CARIBBEAN S. AMERICA CONTAINER SERVICE FROM UK/CONTINENT BONN EXPRESS LA SEINE BENALDER BENAVON TOKYO BAY BENCAIRN BREMERHAVEN R'DAM/
      707 words
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      Page 26 Advertisements Column 2
      576 26 COLUMBUS LINE REEDEREI GMBH (A SERVICE OF HAMBURG SUD) EXPRESS SEMI-CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE ROM/A DAM HBG HULL (U K.) TAUSALA SAMOA V-15N 15/7 11/S 1W »/> CLYDEBANK V*N 14/8 12/9 l«/ 9 21/9 TAMAITAI SAMOA V-16N 20/9 17/10 21/10 2S/10 Alto Accepting FCI to Antw*fpißr«n«nfF»luito<»«/South»iip»on/B*W»»t/Gotti«iibuft
      576 words
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      Page 26 Advertisements Column 3
      1223 26 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE NORASIA SINGA 8913 3 NORASIA AL MUNTA2AH 8914-3 NORASIA SUSAN 8915-3 NORASIA SAMANTHA 8916 3 (VIA FEEDER) PKL 22/6 13/7 PEN 21/6 28/6 4/7 12/7 SIN 23/6 30/6 7/7 14/7 FLX 18/7 26/7 1/8 8/8 ANT 23/7 13/8 LEH 24/6 31/7 7/8 14/8
      1,223 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      1307 27 SHIPPING TIMES, Wednesday, June 21, 1989 w p&o TOF* 1 Containers CONTAINER SERVICE TO UK/CONTINENT: LANS SAf CITT Of EDINBURGH MSUGA 1 LONDON tXPftESS CAHOICAN BAT BONN UPtKSS kukama maru KNALDCR BtNAiON 11/7 W W W W VI7 U/7 WWW w 11/7 20(7 17(7 OP w W W W BP
      1,307 words
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      Page 27 Advertisements Column 2
      1204 27 m nur WEEKIT EXPRESS INDEPENDENT YANG LINE FAR EAST/EUROPE fuut containerised service WESTBOUND HANJIN MASAN OWW 24/6 UP W HANJIN lEHAVRE 002W 1/7 19/7 M/ 7 Zl7 i QUEEN SWAY BRIDGE 009* «/7 26/7 27/7 CHOYANC PARK 003W 15/7 2/B 3,1 Also accepting lor Inland UK destinations Antwerp and Scandinavian
      1,204 words
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      Page 27 Advertisements Column 3
      310 27 Hai Sun Hup Co (Pte) Ltd TEL: *****06 (20 Lines) TLX R*****1 ft R*****2 fc. EASTERN CAR LINKR. LTD. SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS •Also calls E l ft P.E. GENERAL AGENTS: HAI SUN HUP CO. (PTE) LTD SINGAPORE TEL 220*906 PORT KELANG TEL 36*696 KOTA KINABALU TEL *****0
      310 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      628 28 fi& SINOSE MARITIME PTE LTD v<df? ISLAMIC REPUBLIC OF IRAN SHIPPING LINES ihanian service Singapore Loading for IRAN TEYFOURI PJL7O7 Eta 8/7 KYOWA LINE INTRODUCING KYOWA FAST DIRECT B/BULK/CONTAINER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICRONESIA PORTS ETA SPORE LOAD FOR A VSL (TBN) Mid JULY 89 GUAM SAIPAN AND
      628 words
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      Page 28 Advertisements Column 2
      776 28 TO EUROPE VIA SUEZ HANJIN SHIPPING CO M LTD VVI.:.v containerised service 'I TO USA PACIFIC SOUTH WEST HANJIN MA SAN OWW 24,6 12/7 13/7 HANJIN IE HAVRE (XKW 1/7 W W QUEEN S WAY BRIOCE 009* 8/7 26/7 27/7 CHOYANG PARK 003W 15/7 2,11 3/« TO FAR EAST PORTS
      776 words
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      Page 28 Advertisements Column 3
      113 28 INTEROCEAN LINE 7B 2nd Floor. Jalon 2/71. Tamon Tun Or Ismail. ***** KL Tol: 71W734. *****94. *****29 TLX. NO MA-***** FAX W-*****11 P«nang 0* Mi 3*0427 M 0402 accepting cargoes for the following ports GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SCXJTMfPN uNE PEGOLAP ifNEO S£OVICES (rOWMGMTir SAtiMG H(XC KONG BO"
      113 words
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      Page 28 Advertisements Column 4
      1291 28 EVERGREEN Full Container Service Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GLOBE 27* 03*7 07/07 10/0/ IV EVE* GENIUS 03/07 <M»7 12/07 10/07 14*7 17/07 19* EVE* GIANT 10/07 11*7 I*o7 17*7 21*7 24/07 2W EVE* GENTRY 15*7 16*7 ***** 21*7 11/07 02/1 EVER GROWTH 24/07 25*7 02/01 31/07 04/01 07/01 09/1
      1,291 words
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      Page 29 Advertisements Column 1
      805 29 CONTAINER SERVICES FAR EAST VESSEL MAJAPAHIT GOWA MAI GUANG JAKARTA KEE in 16/7 27/7 YOK 8/7 21/7 219 NGO KOB 9/7 10/7 22/7 23/7 3/« 4/8 BUS 12/7 25/7 SURABAYA/SEMARANG ~~11 CONVENTIONAL/SEMI-CONTAINER SERVICES RED SEA/EAST AND WEST AFRICA VESSEL VOY HONGKONG SINGAPORE KOTA MUTIARA E-799 27-28/8 02-06/7 KOTA SEGAR E-794
      805 words
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      Page 29 Advertisements Column 2
      398 29 irjT BEN LINE CONTAINERS TASMAN ASIA VJ&/ SHIPPING 1 TO NEW CALEDONIA, FIJI AND NEW ZEALAND SIN 23,6 7/7 22/7 MAIN LINE (TS) HKG NOUMEA SUVA AKL NAP TIM T A NAVIGATOR 4S 5/7 1/1 58 It 11/ l T.A EXPLORER 2S 20/7 15* 20/8 23* 26* T.A MARINER 2S
      398 words
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      Page 29 Advertisements Column 3
      481 29 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMUDERA INDONESIA P.T. TRIKORA LLOYD EIPRESS SEW CiNTMNUSNIf SERVICES SINKAPORE TO EUROPE VSCVOV SPORE ANTWERP ROAM/ADAM KUTAII7WB linn (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) L J BONTANCIWB JS-11/7 12/1 (ACCEPTING CONVENTIONAL ANO CONTAINERISED CARGO) Sut>|act to Inducamant. Also
      481 words
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      Page 29 Advertisements Column 4
      515 29 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon Spore P.Kelang Penang Bangkok THE BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC TAUSALA SAMOA VISN CLYDEBANK V26N TAMAITAI SAMOA VI6N SPORE RDAM HMBG HULL 15/7 11/8 16/8 20/8 14/8 12/9 18/9 21/9 20/9 17/10 21/10 25/10 I
      515 words
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      Page 30 Advertisements Column 1
      1066 30 Kline KAWASAKI KISLN KAISHA. LTD. N. AMERICA-ATLANTIC COAST NEPTUNE JADE OOCt FORTUNE AMBASSADOR BRIDGE VOY *INDO 'PK/PNG SGP 19 19/6 20/6 22/6 15 27/6 28/6 29/6 23 4/7 5/7 W NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE VOY LB 18 16/5 14 20/5 22 27/5 •PK/PNG *INDO 24/6 25,6 30/6 1/7
      1,066 words
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      Page 30 Advertisements Column 2
      776 30 2 r^> AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL Container# Singaixxe P KHang Penang Loading toi Mother ¥il By Feeder By Feeder KAIIDAS V 43 30 tun* 25 lune 25 lune Frem Meto S»dn Adet TULSIOAS V 4? 25 iuly 20 July 20 July Frem M«Hb,Sydn Ad*»l KALiDAS V M 20
      776 words
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      Page 30 Advertisements Column 3
      386 30 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 23. Tetot A»et Street SINGAPORE 0104 TEL >343*1 (10 LINES) f« SM3W STRAITS/PERSIAN GULF SERVICE: Vpor. P Heiang Penjng GOLDEN WONDER Colombo Kjrad" Dub* KfS Jun« GOLDEN HAVEN Colombo Kvichi Dubai 12/14 Jul CHINA SERVICE CUSHAN Man n June rmMA OCEAN SHIPPING CO
      386 words
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      Page 30 Advertisements Column 4
      555 30 PHILI-ORIENT LINES PTE LTD HEAD OFFICE 63 ROBINSON ROAD #07-12 AFRO-ASIA BUILDING. SINGAPORE 0106 TELEX RS ***** PHILI FAX *****76 MIOOLE EAST /FAR EAST FCL i LCI SERVICE ETA SINGAPORE 22/6, 6/7. 19/6 23/6. m JEDDAH (LCL) WEEKLY AQABA HOOEIOAM H KONG. KOBE. TOKYO. KEELUNG. KAOHSIUNC. MANILA. BANGKOK. BUSAN. JAKARTA
      555 words
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      Page 31 Advertisements Column 1
      1374 31 Agents S pore NEPTUNE AGENCiS PTE LTD >n«-al Boo«m« Boofcints Enquiries Ft EU/AUST TPA/Sf A ?'***** *****53 *****42 *****19 *****16 *****1t 2TSO\*» (CR NO. **********0E) SLNOL NEPTUNE ORIENT LINES LTD NEPIIM SON etc > Ptfl«n| I B»hru *****5 2580*0 *****0 23®* 1 627(61 *****2 EXPORT EUROPE UK (VIA SUEZ) FI»R
      1,374 words
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      Page 31 Advertisements Column 2
      927 31 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55. Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office *****41 2 Cable Address SINSOV SINGAPORE Tele* Numbers RS ***** RS ***** RS ***** PCtaAtar KELANG MISSUS MAI THONG SHIPPING 127 P*n«n|Str*et. P*wng. M> a»s a M/S HANDLING SYSTEM CO
      927 words
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  • Page 32 Advertisements
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      Page 32 Advertisements Column 1
      503 32 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 2?H 6868 (14 Unest FAX *****.19 *****76 mix HS 29.W8 A B SSCWA HS ***** A B SSCAO P dsr-lines VEB DEUTFRACHT SEEREEDEREI INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN NORTH CONTINENT EUROPE OUTBOUND WILHELM PUCK 6,89 H CECIELSKI 4W 0
      503 words
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      Page 32 Advertisements Column 2
      115 32 T.S.K. LINE" WEEKLY CONTAINERISED SERVICE with fixed day arrival EXPORTS TO TAIWAN JAPAN HERMES ACE V 22 HAKUSAN II V 7 CONTINENT vn KABUKI V 73 HERMES ACE W3 HAKUSAN II VI IMPORTS FROM JAPAN TAIWAN CONTINENT V 73 KABUKI V 23 HERMES ACE V? 3 HAKUSAN II Vt CONTINENT
      115 words
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      171 32 100E [Regional Weather i m n »5 1 fA 7. fi Va m m Va 3J L SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. June 21, 1989 "cT'N Wind direction with speed «t knots Wove height UGfND R Temperature A\ Thunderstorm Weather Wind direction with speed m knots 7
      171 words
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      Page 33 Advertisements Column 1
      685 33 uiir r liivj timuu, UNIPACIFIC TRANS. TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 4> cn a n lIJ mil Ojjjf j —«y/ n_ Algerian National Line FAR EAST/ MEDITERRANEAN SERVICE BEL ABBES S PORE LOADING FOR 28/6 ALGER/ORAN/ANNABA/TUNIS ALL VESSELS ACCEPTING FCL CONTAINERS FOR JAPANESE PORTS Heavy Lift
      685 words
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      Page 33 Advertisements Column 2
      307 33 'C IS pa RICHFIELD MARINE AGENCIES |S| PTE LTD TEL: *****33 (10 Lines) FAX *****15 TELEX RS ***** RISHIP (3 Line*) (tMttiMt I ol Ethiopia) ACCEPTING FCL AND CONVENTIONAL PEN/PKG ETA SPORE NEI SANE T SLD VOY 15WB ABBAY WOKZ 171 VOY 20WB DARESSAIAAM MOMBASA DJIBOUTI ASSAB MASSAWA MOOEIDAH DARESSALAAM
      307 words
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      Page 33 Advertisements Column 3
      950 33 SIGMA EXPRESS (S) PTE LTD TEL: *****44 FAX: *****75 ACCEPTING CARGOES FOR: BANGKOK CHITTAGONG BOMBAY COLOMBO HONGKONG MUARA/LABUAN/KK KUCHING/SIBU TOKYO/YOKO/KOBE LE HAVRE/HAMBURG FELIXSTOWE/R'DAM KEELUNG/KAOSHIUNG FREMANTLE SYDNEY/MELBOURNE LONG BEACH/LOS ANGELES 25/6 24/6 27/6 25/6 23/6 r v CRYSTAL FREIGHT Lfl f SERVICES PTE LTD v TEL: *****88/*****22 HONGKONG/ CHINA 23/6 A
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      Page 33 Advertisements Column 4
      345 33 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE ■M CCU HO* CUT COL I BAY 71N 27/6 4/7 8/7 AROSTIN AIOSIB9 27/6 2/7 N SINCERITY ISA 30/6 20/7 K TON 3/7 10/7 5/7 11/7 TIGER BAY 71N 27/6 P STAROSTIN AIOSIB9 27/6 OCEAN SINCERITY ISA 30/6 SUSAK 70N 3/7
      345 words
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      Page 33 Advertisements Column 5
      78 33 /MFARGO shipping <|w Tel:aS4 01SS TO AUSTRALIA/NEW ZEALAND DISuaE Wl ANTWERPEN 224 TNT EXPRESS 221 E MUDIC 221 BRUSSEL 231 IS DAYS TO MELBOURNE! TO USA/CANADA Also accepting cargo lo> USA Houston Savannah. Tampa. Jacksonville. Wilmington (Del) Norfolk Baltimore. New York. Boston CANADA Montreal. Toronto, St John FROM USA/CANADA/EUROPE/MEDITERRANEAN Vsl
      78 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      248 34 LCL ACCEPTANCE TO NOUMEA, FIJI SIN HKG NOUMtA SUVA 23/6 5/7 1/8 7(7 20/7 15* 22/7 5/8 1/9 EXPRESS SAILINGS TO PAPUA NEW GUINEA siN PORT MORESBY LAE 2/7 12/7 W GOODWAY CONSOL VIA SUVA TO: APIA PAGO PAGO TARAWA KIRIBATI NUKUALOFA TONGA RAROTONGA FUNAFUTI TUVLU SIN SUVA VSL: (TBN
      248 words
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      Page 34 Advertisements Column 2
      367 34 Ocerd Service k op»mw over 600 tamiMMtt/affieM in U.&A. I- maintain* ovar 35,000 tractors trucks, sarvas ovar 00,000 points in UiA off art raiiabia LCL/FCL tanricat. Gerwral Agents: 7'tZZVAWf/AV* PENANG- KL: allied-link SINGAPORE: 04-*****2 03-*****55 778 6522(22 linesi Marina Ong Susan Nq/Christina Chiaw Elaina Tao/Esthar Yap transintra shipping (Singapore) private
      367 words
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      Page 34 Advertisements Column 3
      393 34 CSAV S. JC C-sS* EXPRESS SERVICE to/from CHgJ FEEDER S PORE MOTHER VESSEL HK YOKO ARICA IQQ ANTOrVALP SAI CYE VESSEL CSAV 1 tp OWE SKOU V 1«3 16/7 1/1 Ifl U/» 24/1 CSAV 2 22/7 LIRCAY 2,1 1M 21/» 23/S 2>/9 CSAV 3 |llft |TBN 1M 1/9 ifW— 1V1«
      393 words
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      Page 35 Advertisements Column 1
      579 35 SHIPPING TIMES, Wednesday, June 21, 1989 Everett Lines LOADING FOR CALLAO. MATARANI. ILO* AND ALL OTHER PERUVIAN PORTS* WITH TRANSHIPMENT AT KOBE ON CPV THROUGH BILL OF LADING TO FINAL DESTINATION Penang* P. Kelang Singapore MURRAYEVERETT 5/7 Jul 8/10 Jul \A MURRAYEVERETT THOMASEVERETT MANOLOEVERETT 8/10 Jul 23/25 Jul 9/10 Aug
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      Page 35 Advertisements Column 2
      486 35 Zl PULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East 4 Carnbbean East Canada HAITI Costa Rica. El Salvador Mwh. Honduras Venezuela Peru. Ecuador. Colombia via Hiami. Trinidad. Barbados Antigua St Lucia liontserrat. Guayana via Kingston iii ii ii hi ill I■ i* 1 A VESSEL 24/6 ZIM PIRAEUS 30/S
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      Page 35 Advertisements Column 3
      673 35 INAN9»OnrAIIOM <»tt> ITO WEEKLY LCL/FCL SERVICE FOR BOOKING ft ENQUIRIES. PLEASE CONTACTDESTINATIONS ETA SINGAPORE PORT KELANG 24 JUNE MANILA 26 JUNE HONG KONG. ALL CHINA PORTS 24 JUNE KEELUNG. KAOHSIUNG 25 JUNE BUSAN 23 JUNE TOKYO. KOBE 23 JUNE CHITTAGONG 25 JUNE DUBAI 24 JUNE SYDNEY, MELBOURNE 3 JULY ROTTERDAM.
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      Page 35 Advertisements Column 4
      536 35 w £EKLv POLL CONTAINER S£jVjCji_ accepting all fcl cargoes BETWEEN SINGAPORE AND JAKARTA SURABAYA [L VOY SINGAPORE SURABAYA ETA ETD ETA ETC PRABHAKTI 270-271 20/6 21£ 23/6 23/6 (TUES) 272-273 27/6 2*6 306 PRASE TiA 01 24/6 26/6 28/6 29/6 VOY SINGAPORE SURABAYA ETA ETD ETA ETD TAN TO SEJATI
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      Page 35 Advertisements Column 5
      451 35 PTC CONTAINER LINES FCL LCL SERVICE FAR EAST 25/6 KEELUNG/KAOHSIUNG 29/6 BANGKOK 23/6 MANILA 24/6 JAKARTA 24/6 PORT KELANG/PENANG 29/6 BUSAN 27/6 TOKYO/YOKO/KOBE 26/6 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou/ Xiamen/Xingang/Shanghai SIN EIIBOPE/UK 24/6 LDN/FLX/LVP/SOU 24/6 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe inland destinations SIN USA/CANADA 25/6
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  • Page 36 Advertisements
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      Page 36 Advertisements Column 1
      941 36 JJ MiM AT CONVENTIONAL WHARVES Berth Arrival Departure Keppel Wharves CKoKi GoKi Gollon I II k>Kne»e«e" Ko»o Moiu Ho*o Turuf Motavoi Ntogo 28 Kinhuo I Yufteng 2 AK EKJwvou (quotoi Gold Mure Koto Molkj Kris M*Ma Ned tooen N«le la to" B»ooke Sontono SMv. -io P|o Souther i O S»r
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      Page 36 Advertisements Column 2
      693 36 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST 6/7 I CALCUTTA CHITTAGONG 27/6 A 6/7 27/6 4 tn NEW ZEALAND/ AUSTRALIA AUCKLAND WELLINGTON 29/6 4 9/7 29/6 9/7 29/6 4 9~ EUROPE/ UK FELIXSTOWE HAMBURG ROTTERDAM 28/6 4 11/7 21/6 4
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      Page 36 Advertisements Column 3
      713 36 <» [pM MitsciOSK Lines Ltd a FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) S port P Ktitng S ton H'bur| I'kmn R ten U LAItCS MY 71* a» lip IV 15/1 UP UP I Accepting Cirfo Far •rf to Cmmtuem, Aartoa. CothMkuri Miimc tea to AMww*. A—tori—. (Mo, StocThw* H ■nruvon
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