The Business Times, 28 July 1989

Microfilm: NL16672
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 FRIDAY, JULY 28, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    258 1 Dow Jones up NEW YORK stock prices bounded forward in early trading yesterday as the market built on buying momentum from the previous session amid optimism about the chances for lower interest rates. The Dow Jones Industrial Average rose 4.36 points to 2,617.41 in the first hour
    258 words
  • Article
    Lock icon US economy turns in most sluggish performance in 3 years
    428 1 AP, Reuter THE US economy turned in its most sluggish performance in almost three years from April through June as inflation shot up dramatically, the government reported on Thursday. In a report sure to raise recession fears, the Commerce Department
    AP,; Reuter  -  428 words
  • Article
    C&C makes takeover bid for Cold Storage (Malaysia)
    523 1  -  By MAGDALENE NG CYCLE CARRIAGE Ltd (C&C) is making a takeover bid for Cold Storage (M) Bhd, first by acquiring a controlling 42.13-per-cent stake in the food group for M 575.54 million (5166.4 million) from Cold Storage Holdings and subsequently making a
    523 words
  • Article, Illustration
    Land use: private-sector ideas sought
    606 1  -  TRYING OUT NEW FORMS OF HIGH-DENSITY DEVELOPMENT B* LILAN ANG IN A MAJOR policy change, the private sector has been asked to help draw up plana for the next stage of Singapore's physical development. Two teams led by architects have been formed to prepare plans
    606 words
  • Article
    'Property market still buoyant'
    474 1  -  By LEE HAN SHIH, Property Correspondent THE EXPERIENCE of the past two property cycles suggests that there is still room for prices of offices and hotels to move up, but the outlook for condominiums is somewhat less certain. This is the opinion of Associate Professor Lim
    474 words
  • Article, Illustration
    Tussle for control off SLI intensifies
    521 1  -  By ROSIE TAN A NEW substantial shareholder has joined the fray for control of Sim Lim Investments, following a block deal of 6.68 million SLI shares at $1.25 each yesterday. The deal, crossed by Morgan Qrenfell Asia Partners Securities, pushed SLI up by 13
    521 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      128 1 a r v Sichuan Cuisine at its best Smoked Sichuan Duck (Boneless) it 36 K W Dragon City Sichuan Restaurant is famous for its exquisite Sichuan Cuisine. Savour some of the marvellous delights from our menu comprising of over 188 Sichuan and Seafood dishes. All these are masterfully prepared by
      128 words
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      Page 1 Advertisements Column 2
      196 1 mmmm Editorial comment 10 Reshuffling to win a game The China question 10 Time to strike new deals Ferdinand Marcos 11 The politics of return Semiconductor technology 3 Fourth electronic chip plant opens China's credit rating 4 Downgraded by private group National Westminster 7 Chairman blames former staff Malaysian opposition
      196 words
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      Page 1 Advertisements Column 3
      24 1 For a clo— up of Nm two arm, mo PAGE 2 More reports on the Urban Planning, Housing and Design Convention on PAGE 2
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      Page 1 Advertisements Column 4
      342 1 Quadruple Zoom+Auto Two-Co kx r S mSmB -i The good life EVER ENTERTAINED thoughts of going back to nature? One health enthusiast who doesn't quite take to Punggol puts the whole venture in a different light that of your living room, and strictly non-fluorescent. He relates to our toxin-laden reporter
      342 words
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  • URPAN PLANNIG,HOUSING AND DESIGN
    • Article, Illustration
      Towards being a truly great city
      440 2  -  MAKING AN ENVIRONMENTALLY FRIENDLY CITY FOR ALL By LEE HAN SHIH, Property Correspondent THREE MONTHS into his new job, Liu Thai Ker has given the first indication of the new policies guiding the physical development of Singapore. Declaring himself a die-hard optimist, the 51-year-old
      440 words
    • Article, Illustration
      MND to sell sites in new towns to private developers
      285 2  -  By LILIAN ANG PLOTS OF LAND in selected Housing and Development Board (HOB) estates will soon be sold to private developers for the building of houses and flats. Plans for this new policy are iiKefy to be announced within the
      285 words
    • Article, Illustration
      Lock icon Teams busy drawing up guidelines
      345 2 DELIGHTED by the opportunity to draw up plans for tha two araaa. Simpang and Kampong Bugia, tha two taama involved have already started work. Brairv-etorming seeaiona have bean held by tha group in charge of Simpang while for Kampong Bugia, the plan ia to convert
      Source: Ministry of National Development  -  345 words
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      Page 2 Advertisements Column 1
      159 2 A In a parkland jetting, at Century Park Sheraton, you can enjoy dome of the finest dining, wining and entertainment in the city. Here's a quick guide: 9 The Fountain Lounge: v an ideal place to wind down over your favourite drink. X Ridley s: for party people it J
      159 words
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  • HOME NEWS
    • Article
      Call for joint tourism marketing plans for region
      462 3  -  By WALTON MORAIS COUNTRIES in the region should pull together with joint tourism marketing strategies to establish a multi-faceted image like that of the Mediterranean or Caribbean, said Singapore Tourist Promotion Board chairman Lim Chin Beng yesterday. In many parts of the
      462 words
    • Article
      The Inn thing for hoteliers
      122 3 HOLIDAY Inn-ers from all over the world are to descend upon Singapore at the end of this month for a three-day marketing conference. The Worldwide Marketing Conference, the first to be held in Asia, begins on July 31. ft will bring together key personnel from
      122 words
    • Article, Illustration
      'S'pore can service small contracts for space station'
      451 3  -  By SHOEB KAGDA SINGAPORE companies have the capability to service small contracts spun off from the just approved multi-billion dollar space station project, said the father of the US Apollo lunar module. Expected to be completed by the end of the *****,
      451 words
    • Article
      We can love both wives and mothers: Dr Tay
      315 3  -  By HELEN CHANG SINGAPOREAN men can love two women at the same time: their wives and their mothers. Or Tay Eng Soon, Senior Minister ot State for Education, said yesterday. Men's conflicting desires to help their wives and be filial to
      315 words
    • Article
      NTUC affirms commitment to youths
      147 3 THE National Trades Union Congress is committed to helping Singapore youth realise their aspirations through more education and training opportunities, said Ong Teng Cheong, its secretary-general. Speaking at the opening of the second International Confederation of Free Trade Unions-Asian and Pacific Regional Organisation Youth Rally,
      147 words
    • Article
      Fourth electronic chip plant opens
      461 3  -  STATE-OF-THE-ART SEMICONDUCTOR TECHNOLOGY By JAYARAM MENON SINGAPORE'S fourth electronic chip factory opened yesterday, thrusting the Republic's electronics industry into the ranks of state-of-the-art semiconductor technology. The $110 million plant, jointly owned by government company Singapore Technologies Industrial Corp (STIC) and two major US chip makers,
      461 words
    • Article
      Auction demonstrates rising interest in old shophouses
      260 3 TWO PRE-WAR properties stole the show at an auction yesterday, proving that interest in old shophouses is continuing to soar. The two properties in Chinatown, one along Club Street and the other along Mosque Street, were sold well above their opening prices. Organised
      260 words
    • Article
      Value of sales promotions
      212 3 SALES PROMOTION, usually associated with free gifts or samples, must be made a strategic part of brand building, not merely an ad hoc activity. This was a main message hammered home by Omnilink managing director Tan Eng Lock who made the first presentation yesterday in the
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      181 3 DE WAR'S PROFILE: JONATHAN CHESTER 11< >\IK S\<lin'\ \(,K: 17 I'KN M'l ISSIi >\ I'lmlo .Inut iialisl. Aniatviii < \|mm I. lIHMinl. lIIHVI IK S iil>;m!i\ inc It M allrd LAST B< m >|\ K'l*. \l >: I |> Mount K\«t»\n! iilhhii A r.uldlf I>**k Niiniim latkst .m v* >\iri.isii\n;\
      181 words
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  • FOREIGN NEWS
    • Article
      Lock icon Private group downgrades China's credit rating
      592 4 Reuter CHINA may have cut its record inflation, but only at the cost of a soaring budget deficit and by putting off necessary price reforms. Chinese and foreign economists say that the Communist Party dare not risk public discontent over higher prices whatever the
      Reuter  -  592 words
    • Article
      Lock icon Beijing assures students abroad they face no retribution
      339 4 Reuter FACED WITH the possible loss of thousands of talented students who may not return from abroad, China yesterday promised them no retribution but attacked the West for allowing them to extend their stay. The People's Daily carried on its front page
      Reuter  -  339 words
    • Article
      Lock icon Trade pressure on South Korea to continue
      165 4 AP PRESSURE on South Korea to open its markets to US goods will continue even if the pressure affects American popularity ♦n the Asian country. "Some Koreans allege that we are 'bullies' in our trade policies and that this is a major source
      AP  -  165 words
    • Article
      Lock icon Washington calls on Manila to protect US patents
      267 4 AFP US TRADE Representative Carla Hills has called on the Philippine government to protect intellectual property or risk sanctions, Philippine ambassador to Washington Emmanuel Pelaez said on Wednesday. Mr Pelaez said in a telex sent to the foreign office in Manila that
      AFP  -  267 words
    • Article
      Lock icon Communist rebel chief arrested
      176 4 AFP PHILIPPINE security forces yesterday captured in Manila top communist rebel leader Satur Ocampo and his wife, who was also on the wanted list, a military spokesmen said. Ocampo is a member of the politburo of the banned Communist Party of the Philippines (CPP), which controls
      AFP  -  176 words
    • Article
      Lock icon Maude taking over Hongkong responsibility
      110 4 AFP FRANCIS MAUDE was named deputy minister at the Foreign Office responsible for China and Hongkong on Wednesday, replacing Lord Glenarthur who has resigned. Mr Maude, 36, a lawyer and member of the House of Commons, is expected to have a much higher profile than
      AFP  -  110 words
    • Article
      Lock icon China, Macau agree on land for airport
      276 4 AFP A JOINT Chinese-Portuguese land group agreed on Wednesday on the allotment of land for an international airport to be built in Macau following a dispute of more than six months. The agreement was reached for the allotment of 190 hectares of land
      AFP  -  276 words
    • Article
      Lock icon Hole in ozone layer spreading beyond Antarctica
      273 4 Reuter A HOLE discovered two years ago in the life-pro-tecting ozone layer over Antarctica has spread north over areas such as Australia and New Zealand, a team of scientists said yesterday. "This is the best evidence so far that the thinning ozone layer
      Reuter  -  273 words
    • Article
      Lock icon Jakarta freezes new forestry applications
      196 4 Oona-Antara THE INDONESIAN government will temporarily freeze new applications for forest concessions (HPH) from Aug 1 because of the large number of unprocessed applications. the freeze was also imposed as most forest areas were already divided among existing concessionaires, Minister of Forestry Hsjrul Harahap said
      Oona-Antara  -  196 words
    • Article
      Lock icon Value of trade with Japan drops
      112 4 Reuter THE VALUE of export contracts concluded by Japan's 18 major trading houses with China fell 60.2 per cent in June from a year earlier to 35 billion yen, a report by the Japan Foreign Trade Council said. Import contracts with the trading houses
      Reuter  -  112 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      1130 4 ARRIVALS Operator Sorvk* number local Urn* From GU SIA MAS UAL JAL DLH MAS SIA MAS MAS SU CPA SWR MAS GU SU MA Of A SAS SU GU TMA SU SU GU SU T»Y MAS SAI SU SU SU RN SU MAS SU SU KLM THA
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    • Article
      Lock icon Ex-student indicted for computer virus
      318 5 Reuter A FORMER college student who allegedly created a programme "virus'' that shut down computer systems throughout the US last year was charged on Wednesday with violating US computer laws. The Justice Department said Robert Morris, 24, a former Cornell University graduate student, was indicted
      Reuter  -  318 words
    • Article
      Lock icon Rolling-stock price for Channel Tunnel soars
      412 5 AFP THE COST of the special trains which will ferry freight, vehicles and passengers through the Channel Tunnel will be about US$967 million, the construction company said in Paris on Wednesday, placing an order for the rolling-stock. The price-tag was more than double the
      AFP  -  412 words
    • Article
      Lock icon Bush signs gas bill to end price controls
      282 5 AFP PRESIDENT George Bush signed into law on Wednesday a bill ending price controls on natural gas, 35 years after they were put in place. Price controls have been "largely responsible for the damaging gas shortages of the 1970 s and for
      AFP  -  282 words
    • Article
      Lock icon Aerospace plane project gets the nod
      250 5 Reuter PRESIDENT Bush has given qualified approval to the development of the National Aerospace Plane (NASSP), a hypersonic aircraft that could fly from New York to Tokyo in a few hours, the White House said. It said Bush had accepted a recommendation from the
      Reuter  -  250 words
    • Article
      Lock icon European Commission to put state aid schemes under scrutiny
      444 5 FT THE EUROPEAN Commission on Wednesday announced plans for a wide-ranging clampdown on the ECUB2 billion (US$BB.5 billion) of annual subsidies that European Community governments use to support industry. The commission will now review existing state-aid schemes rather than restrict itself
      FT  -  444 words
    • Article
      European computer makers to fight against chip pricing plan
      404 5 EUROPEAN computer manufacturers are mounting a fierce campaign to forestall a new semiconductor pricing arrangement between the European Community and Japan which they say will sharply increase their costs and may force them to move production overseas. Under the pricing arrangement,
      404 words
    • Article
      Lock icon Raw material prices soar
      490 5 Biggest increase since 1973, but levelling-off expected AP PRICES for major raw materials showed their biggest increase last year since 1973 but the prospect now is for a levelling-off, the International Monetary Fund reported. It said that compared with the price of manufactured goods, the price
      AP  -  490 words
    • Article
      Lock icon Japanese to make more compact disc players in Europe
      386 5 NYT A GROWING number of Japanese companies are increasing their production of compact disc (CO) players in Europe in the face of anti-dumping duties announced by the European Community. Sony Corp. Matsushita Electric Industrial Co, Nippon Columbia and Kenwood Corp all
      NYT  -  386 words
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      154 4 The China Question, PAGE 10 .^egtetef iwT /vrtTi As a serious visitor someone who has the responsibility to specify or recommend the purchase of OA equipment, systems and services, you naturally would like to spend more time with the exhibtiors. Such ample and quality time would enable you to seek
      154 words
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      Page 4 Advertisements Column 2
      46 4 The buiineu person choice every Tuesdzv, Thursday Saturday and Sunday Loving Changi Airport at 2i:C5 hours and arriving at Lester I Pearson International Airport the following day Call your Travel Agent or Air Cuudi it *****55. .4 BREA TH OF FRESH AIR iUIIIWiWW* WHiH II 'Illiirnii~Hl"miil—WOW—Wli"
      46 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      11 5 Mar* plan axpactad to provide fillip to spaca Industry, PAQE 11
      11 words
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      Page 5 Advertisements Column 2
      175 5 Followers or leader... "Vm SPSS! v m < '9. M 111 Baume Mercier GENEVE MAiTRES HORI OGEHS DEPUIS 1830 At 1(11 f 11 til "«ii 91 l\ 11 11 hi BEYOND PERFECTION. 11 Sinnaport* I'lf ltd. Showrooms and Si-rv ict- I rnlres: I!u s tn < i,ill» r\ .it tin
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      94 5 HW/y Global tamparaturas and waathar conditions on July 26 Singapore OUTLOOK: Showers over Mwnl irui In lha afternoon Report for 24 hours prior to 7.30pm on July 27 at I'm airport; Mai lamp 32.6 Aaaoc humidity M Mln lamp. 25.5 Aaaoc humidity 12 Hra of aunaMna 4.58 Rainfall In mm
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      88 5 HONEY, FITS NOT 100 PAINFUL, I WONDER IF I \COOLD ASK YOU 1 ABOUT YOUR RE--'•CENTEWERXNCES. Men. i AM ON MY HONEYMOON NOM.BUT 1 SUPPOSE 50... TTSTHE LEAST 1 CAN DO FOR THE AMERICAN MEDIA after, all they dip for us DURING THE DAYS LEADING UP TO THE TRAGIC EVENTS
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  • MONEY AND EXCHANGES
    • Article
      Lock icon Simex
      556 6 Reuter SEPTEMBER EUROOOLLAR futures yesterday firmed on position adjustment and short-covering in active trade with sentiment underpinned by a growing belief the US Federal Reserve would ease its credit policy. Dealers said the Fed's absence from the banking system for the second straight day with funds trading at 9%
      Reuter  -  556 words
    • Article
      Comex gold/silver futures
      168 6 Gold futures on July 26, 1989 100 troy Opt* ounces USS per troy ounce High Low Mia H nJut 375.20 375.20 375.20 374.90 1.20 Aug 373.30 376.50 373.20 3*5.00 0.90 S»p 377.30 +0.90 Oct 377 90 3*0.90 377AO 379.30 O90 Ok 382.50 385.30 381 AO 3*150 0.90
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    • Article
      IMM
      191 6 IMM currency futures moved up strongly in active trading on Wednesday as traders grew more bullish on the prospects for lower US rates. Sterling posted a steep advance as traders were attracted to the relatively high UK yields. A smaller than expected rise in the June UK trade deficit
      191 words
    • Article
      Government Securities Market
      116 6 Treasury bills Day's Period Issue Yesterday's closing code Maturity WO OFFER HKVH IOW 3 months RQ*****V 26.10.89 3.82 3 77 3.81 3.77 6 months BS*****V 18.01.90 3.97 3.92 3.96 3.91 1 year BY*****F 24.05.90 4.13 4.08 4.07 4.07 Government notes and bonds Period Issue Maturity Coupon Yesterday's
      116 words
    • Article, Illustration
      World interest rates
      188 6 Indicates 0w average of the prime lending rates of 12 major banks In S'pore f Interbank market ratee (offer/bid) on July 27 us$ DM SWFC Y«n 7 day* 9 8 7/1 13 IS/1* 13/1* *13/1*—13/1* 7 1/4 7 1/* 3 3/1* 3/1* 1 15/16— 13/1* 13 13/1*
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    • Article
      Money markets
      53 6 THE OVERNIGHT rate on the Singapore money market closed unchanged at 5)4 per cent yesterday. Term rates were similarly unchanged. f N S$ Interbank rates at the dose yesterday: orm M> Ows i/» 5 l-ra* S 1/4 5 2-«on(fc 3 1/4 5 >/• 3 —<i 5 1/4 S
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    • Article
      Options
      856 6 CURRENCY FUTURES OPTIONS Thursday, July 27, 1989 DEUTSCHE MARK (SMtfEX) Sop 00 MM* Mgh Low 1 M OapOOpMto KM Lm 0<0 52 24 S3 54 54 101 JAPAN E8E YEN (SIMEX) 1 1 Of 88 pmm HHk Low OM NV» Lmm 0*0 75 303 IMM Wednesday, July 26, 1989
      856 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      371 6 A" 1 The Asia-Pacific Petroleum Conference '89 The Premier Meeting Place for the Oil Industry... |IH9hm 11 —13 September 1989 UiuuS Raffles City Convention Centre, Singapore APPEC UPDATE APPEC 89, the fifth in the series will be attracting more participants than its predecessors. New items planned for this conference include
      371 words
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      Page 6 Advertisements Column 2
      85 6 FOR SUCCESSFUL MANAGEMENT OF YOUR RUSINESS <> Stories on labour and its relationship with management, management concepts in practice, profiles of leading managers in Singapore and relevant book reviews. MANAGEMENT, in Business Times every Monday, is must reading for managers who want the competitive edge. Plus an occasional look at
      85 words
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  • BANKING AND FINANCE
    • Article
      Lock icon ABN to buy US bank group for US$420m
      371 7 FT ALGEMENE Bank Nederland (ABN), the Netherlands' leading bank, on Wednesday announced plans to acquire Exchange Bancorp, the Chicago-based bank holding company, in a cash deal valued at US$42O million. The takeover, ABN's biggest, marks a further step in its expansion strategy
      FT  -  371 words
    • Article
      New man at Amex Bank's helm
      178 7 AMERICAN EXPRESS Bank (AEB), the banking subsidiary of leading financial and travel services operator American Express Company, has appointed Robert A Savage as its new president and chief executive officer. Mr Savage, who was formerly vice-chairman and chief operating officer, took over the helm
      178 words
    • Article
      Forex markets
      1178 7 SINGAPORE: i THE US dollar was traded .within a narrow range ahead of yesterday's release of US preliminary second quarter GNP data. It rose modestly against most European currencies, supported by the unwinding of D-mark/yen crosses. I The yen recovered $ome losses on commercial and speculative selling Of
      1,178 words
    • Article
      Lock icon UK cautioned about EMS membership
      213 7 FT BRITAIN should not become a full member of the European Monetary System if the government's anti-inflationary strategy is put at the risk of being compromised, Mr Robin LeighPemberton, governor of the Bank of England, warned on Tuesday. Membership of the exchange rate mechanism of
      FT  -  213 words
    • Article
      Lock icon NatWest chairman blames former staff
      714 7 FT LORD BOARDMAN, who resigned on Tuesday as chairman of National Westminster Bank, has laid the blame for the Blue Arrow scandal at the door of two men who were not even censured in the Department of Trade and Industry (DTI) inspectors' report into the
      FT  -  714 words
    • Article
      Lock icon Fed minutes reveal divisions over inflation
      579 7 Reuter NEWLY-RELEASED Federal Reserve minutes show the central bank was deeply divided earlier this year over how tough it should be on inflation. The records reveal that the Fed's regional presidents were much keener than the Washing-ton-based board of governors to tighten credit to
      Reuter  -  579 words
    • Article
      Lock icon Asian dollar market
      305 7 Reuter ASIAN DOLLAR deposits ended at opening levels yesterday, slightly lower than Wednesday's close. The market was waiting (or the releaseyof US preliminary second quarter GNP data due at 1230 GMT. Short-dates and term rates weakened 1/16 to 1/8 point at the outset on softer US Fed
      Reuter  -  305 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      52 7 You experience our personal touch at Liang Court Regency. The experience begins with a special welcome bouquet. And during your stay, you'll notice the many little things that get done quietly and efficiently. Come stay with us and experience our personal touch and comfort. For short-or long-term lease, call Florence/Dina
      52 words
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      Page 7 Advertisements Column 2
      59 7 >%•* 5 5p«|wr s J t t **5* '*V. *J #1 t«g I 1 ?>m. V > r i > i J •u t 1-1 Hi l: 4 iUI «s? xt What have JAPANESE BUSINESSMEN BEEN INVESTING IN SINCE 1886? CHOYA, Japan's most established shirt, is available from Isetan, Sogo,
      59 words
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  • COMMODITIES
    • Article
      Lock icon Opec states produced more oil in June than permitted
      508 8 AP OPEC NATIONS supplied more crude to the world market in June than permitted under a production agreement designed to boost oil prices, the organisation said on Wednesday. The Organisation of Petroleum Exporting Countries (Opec) said that 12 of its 13
      AP  -  508 words
    • Article
      Palm Oil
      596 8 MALAYSIAN CRUDE PALM OIL prices yesterday eased back after Wednesday's upward correction to close lower on renewed selling, but falls were limited by India's booking of 6,000 tonnes Malaysian palm olein at its weekly tender yesterday. Values had weakened in sympathy with losses in Chicago soyoil futures overnight
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    • Article
      Lock icon Crude Oil and Products
      150 8 Telerate FUEL OIL PRICES were firm despite the bearish crude oil market yesterday. Aug CST-180 sellers were heard at $95-6 mt FOB Sing following the sale of two 10.000 mt Ist-half Aug lots, at $96 mt FOB Sing. CST-380 sellers were at $88-9 mt FOB Sing,
      Telerate  -  150 words
    • Article
      Precious Metals
      396 8 HONGKONG: Gold closed little changed in quiet two-way trade yesterday after tracking US dollar movements during the day. Selling from Australian and local traders slightly depressed the metal, but support emerged at U*****.50 an ounce. Investors were sidelined ahead of the release of US GNP figures at 1230
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    • Article
      Soybean
      223 8 CBT soybeans loet morning short-covering gains in Chicago on Wednesday when heavy local rain prompted nervous local selling on the belief that each day of rain in the Midwest aids development of the crop. A new NWS drought index showing virtually all of the subsoil moisture reserves in the
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    • Article
      Wheat
      224 8 CBT soft red winter (SRW) wheat futures held gains on Wednesday despite the sell-off in other markets, closing two to five US cents per bushel higher after trading higher all day on local and professional short-covering. Trade-talk that the Soviet Union is due to begin purchases in their new
      224 words
    • Article
      KL Tin
      172 8 THE KUALA LUMPUR Tin Market price roee mvm omli lo MS2S.fi a kg M yaelerdey's cloaa on hrtnr Tha London Motal Exchango'a (LME) highor eloalng and contlnuod highor opening Mda of 124 >oiw compered wMi oflora of 78 eaw Eie merket mow np gradaaEy. "Miners ara aloo coming
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    • Article
      Produce Prices
      198 8 Chinese Produce Exchange Sedan' noon dosln a prices on My 27 (S$/100 kg) Coconut oil lui FO« 102.00 Old drum FOt 112.00 New drum FOB 116.00 Copra Mixed (loose) 58.00 Pepper Muniok while FOt NLW 487.50 dorowav wniiw FOt foq NLW 477.50 Sarawak special black FOt NLW 335.00
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    • Article
      Rubber
      239 8 SMGAPORE: Rubber pricea closed slightly higher yeaterday with August One RSS buyer quoted at 176.00 cants a kg, up one cent from Wednesday's ctoee. Prices fluctuated within a narrow band after inactive trade in the afternoon. On the TSR-20 Award market, prices were little changed on light covering interest
      239 words
    • Article
      RAS and MRELB
      294 8 RAS prices msc M Im bah M NOON CLOSE Bvy*n Sellers Buyers S*8*n trrt 1 RSS Prompt 177.00 1784)0 177.00 178.00N tnf 1 RSS Aug 176.00 176JO 1764)0 176 JON Inf 1 RSS Sop 177.00 178.00 177.00 1784)0N ht 2 RSS Of 174 JO 176JON 174JO 176
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    • Article
      SSR and SMR
      79 8 ICMAS) AUGUST 1989 SETTEMBBt 1989 (currant month) (forwot •d month) RAS NOON NOON lyyri Sihn tuym Solan SS> 20 150.00 152J00N 150-50 152 JON sst so 14*00 150.00N 14*J0 ISOJON mr.; un-. Solon 1 SMI cv 227JO 229JON 229JO Solon 231 JON SMX I 228-50 230J0N 230.50
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    • Article
      London markets
      284 8 London Commodity Exchange Buyer/Seilor dosing prices on July 26 (£/tonne unless specified). Previous dosing prices in parenthesis. CORN Bosh in-storo London, setters option OF London Jul 778/786 (787/800) HJgh/Low 810/777 s*p 778/779 (783/785) High/Low 790/770 Saks (5323) Coco* M 852/855 (856/858) High/Low 862/855 s*p 865/866 (872/873) High/Low 877/865
      284 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      103 8 A challenge to businessmen x i s^,ywho think there's enough out there for everyone. Whether you're doing business in Malaysia. Moving your plant to Thailand Closing a deal in Japan. You know the profit potential throughout Asia-Pacific is enormous. Which means the competition is too. So, before they make their
      103 words
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  • FOCUS
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      139 9 FLOATING DOCK FOR LEASE BY TENDER moo SPECIFICATIONS: Lifting Capacity 22,000 tonnes Vessel Capacity 65,000 DWT Length Overall 215.00 M Length over Keel Blocks 200.00 M Beam Moulded 43.00 M Depth to Platform Deck 16.45 M Clear Width between Dock Runways 35 M Height of Keel Blocks 1.75 M Immersion
      139 words
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      Page 9 Advertisements Column 2
      1031 9 CITIBANKS Citibank, N.A. (Incorporated with Limited Liability in the U.SA) CONSOLIDATED BALANCE SHEET IN MILLIONS Of U.S. DOLLARS Cash and Due from Books Deposits at Interest with Banks Investment Securities (Market value $15,464 in 1968 and $15,438 in 1987) Trading Account Assets Federal Funds Sold and Securities Purchased Under Resole
      1,031 words
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  • PERSPECTIVE
    • Article
      Reshuffling to win a game
      542 10 BRITISH Prime Minister Margaret Thatcher s reshuffle of her Cabinet has led to a plethora of stories about the personalities involved. These stories, of course, make excellent reading. It is said, for example, that Sir Geoffrey Howe, who lost his job as Foreign Secretary, was
      542 words
    • Article, Illustration
      Time to strike new deals, says banker
      1603 10  -  THE CHINA QUESTION The shock waves from Tiananmen Square have rattled Honkongers and investors around the world, but RICHARD BLISS, chairman of Asian Oceanic Group, a Hongkong-based merchant bank, admits to being an optimist about business prospects in both the colony and the
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    • Article, Illustration
      Lock icon Indonesia banks on light trucks to lift its automotive industry
      659 10 AFP DESPITE fundamental problems in marketing and production, Indonesia continues to pin its hopes on light trucks to spearhead the nation's fledgling automotive industry. Local carmakers, aided by mostly Japanese principals, are currently struggling to manufacture the first ever wholly
      AFP  -  659 words
    • Article, Illustration
      The 'formula' politics of Marcos's return
      2169 11  -  Former Philippine President Ferdinand Marcos is reportedly close to death in Hawaii. But he wants to die in his own country. However, the Aquino government has banned his return home because it sees him as a destabiliser. HARISH MEHTA of the Foreign Desk reports
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    • Article, Illustration
      Lock icon Bush's Mars plan expected to provide fillip to foundering space industry
      749 11 Reuter PRESIDENT George Bush's call for a mission to send the first astronauts to Mars has given the foundering US space industry a much-needed boost. Industry executives say that if the government sticks to the plan outlined by President
      Reuter  -  749 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      269 10 Royal §nn: Singapore PHASE lIA/118 3 DRV RUCTION Asa result of THE HOTEL'S REFURBISHMENT PROGRAMME the follouing assets surplus to its requirements are available for Sale by Auction tn (Tuv) l Phases mainly from TREETOP BAR, MEISAN RESTAURANT, CAFE VIE SNA, BALLROOM, BARON'S TABLE, KITCHEN SCOTT ROOM, etc. PHASE lIA
      269 words
  • Page 10 Miscellaneous
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  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      257 11 We were completely 'SOLD OUT' on Clydesville and Clydescove... and now there's CLYDESVIEW A carefully planned development with magnificent architectural design. It offers an exclusive lifestyle in one of the most sought after suburbs... Tanglin, yet only 5 minutes to Orchard Rd. Condominum living a new chapter with Clydesview...offering absolute
      257 words
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  • LIFESTYLE
    • Article
      Lock icon British museums deteriorating, warn curators
      846 12  -  GALLERIES By SHEILA RULE NYT CURATORS have warned that Britain's five major national museums and galleries are deteriorating and that great works of art could be seriously damaged unless the government helps with large amounts of money. In an unusual move, the heads of the
      NYT  -  846 words
    • Article, Illustration
      Lock icon Rethinking the kitchen with garbage in mind
      1062 13  -  HOMES American homeowners are in a dilemma over space allocation their houses are not designed for garbage recycling. Faced with this problem, they are beginning to look at their houses in a new way and have come up with some answers in their
      NYT  -  1,062 words
    • SHORT TAKES
      • Article
        Nicholson's last laugh
        176 13 JACK NICHOLSON may earn as much as US$6O million for playing "The Joker" in Batman through a percentage of the film's receipts and sale of associated products in lieu of salary, industry sources say. But a spokesman for the movie's producers said the US$6O million figure was
        176 words
      • Article
        Paraplegic's triumph
        152 13 A PARAPLEGIC finished scaling a sheer face leading to the top of El Capitan in Yosemite National Park on Wednesday, ending nine days of exhausting labour. "I'm tired," said Mark Wellman, who was crippled in a 1982 fall off a different peak in Yosemite. "I have pains where
        152 words
      • Article
        Prostitutes' march
        157 13 THE MARCH was short, the apparel was shorter and tempers in neighbouring Virginia were shortest. It seems some enterprising Washington police officers tried something new early on Tuesday to rid the downtown area of prostitutes by herding 24 ladies of the night across the Potomac River towards suburban
        157 words
      • Article
        Lock icon Ozone hole's impact
        91 13 Agencies THE ANNUAL DEPLETION of ozone in the atmosphere over Antarctica, the "ozone hole," may raise the risk of skin cancer as far north as southern Australia and New Zealand, a new study suggests Ozone levels over southern South America and the southern tip of Africa may
        Agencies  -  91 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      912 12 J Where to entertain... Where to entertain... Where to entertain... Where to BAR The best live jazz in town Hours: 5.00 pm 2.00 am Level 3, The Westin Plaza Happy Hours Mon-Fri: 5.00 pm 8.00 pm The WtsriN Plaza Raffles City '2 Stamford Road. Singapore <*>17 Westin Hotels Resorts THE
      912 words
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      Page 12 Advertisements Column 2
      194 12 yvi; ii»!. Vj TO THE GLAMOUR AWARDS Join us as we come to the climax of the competition for Singapore's richest annual fashion and glamour event. Tickets for the Grand Finals at $90 nett are available at the Reservations (Counter. iR \\l I I\ \I S I U MAM)AKIN IV\ll
      194 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      213 13 entertain.... A Afternoon Tea Will Be Served In TTkE Park. Tea-tune at Ca/t-in-Tbe-Park is delightful. You U enjoy exquisite teat as udl as a tasty buffet spread of oven-frrsb pastries, jcones and other delicious afternoon delights. Afternoon Tea: Monday to Friday, 3pm to spm. $9.50 per person. A® Century Park
      213 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      674 13 CRYPTIC PUZZLE ACROSS 4 The triteness of bachelor Tom (6) 7 Hardly a stable sort ot town (3, 5) 8 Like an opportunity to make money (6) 10 A bit of a pushover, or just a push (5) 13 Can you drink it by numbers? (4) 14 Fish around for
      674 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      1256 13 TV and RADIO Shock treatment t j) Qmc Wilder In one of Ms Imi funny' movies OUR CHOICE HAUNTED HONEYMOON, 10.35pm, SBC 5 A radio show host's success gets him sli stressed-up. And sccording to his shrink, the engagement to his co-star is not helping one bit The solution? Get
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  • SPORTS
    • Article, Illustration
      Lock icon One more time for Duran, Leonard
      518 14 BOXING NYT IN TRYING to explain why he waved a glove at the referee and mumbled: "No Mas, No Mas," Roberto Ouran's excuse was that he had stomach cramps from having eaten too much and too quickly after the weigh-m Because of his reputation
      NYT  -  518 words
    • Article
      Lock icon Noah, Gilbert squeeze through in Sovran
      499 14 TENNIS Agencies YANNICK NOAH of France had taken a long break while Brad Gilbert was toughened by Davis Cup competition, but they both came close to early exits from the Sovran Bank Classic in Washington. "I need to be match tough, but I didn't
      Agencies  -  499 words
    • Article
      Lock icon MOTOR-RACING Porsche may roar back into Formula One GP
      199 14 Reuter PORSCHE, the West German sports car firm whose powerful turbo engines were a big success on the Formula One Grand Prix circuit in the mid-*****, is negotiating a return to top-level motor racing in the post-turbo era. The company, whose
      Reuter  -  199 words
    • Article
      Lock icon Baldi breaks record
      55 14 AFP ITALIAN driver Mauro Baldi broke the record for the 2.5-mile Grand Prix circuit in England on Wednesday Driving a five-litre tur-bo-charged Sauber-Mer-cedes C 9/89. he clocked one minute 19.8 seconds, an average speed of 112.78mph, during the test for the World Sports Prototype Championship to be
      AFP  -  55 words
    • Article
      Lock icon YACHTING All clear for Admiral's Cup
      148 14 AP RACE OFFICIALS scoured the harbour for cheats, and were relieved to find none, as 42 sailing yachts from 14 countries prepared for the start of the Admiral's Cup in Cowes yesterday. The Royal Ocean Racing Yacht Club, organiser of the six-race series, is
      AP  -  148 words
  • Page 14 Advertisements
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      207 14 Al9lOO-f»-W1«-¥2-7600 Medical engineering opens a whole new future Modern medical systems for longer life in greater comfort Not only the medical profession but also the patients in their care benefit from technological advances in medical engineering. Reliable and speedy diagnosis leads to well-planned surgical intervention and progress in therapy. By
      207 words
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  • COMPANIES & STOCK MARKETS
    • Article
      Lock icon Fishing in choppy waters
      555 15 mm™ By HOCK LOCK SIEW PENNY STOCKS have finally caught up with the bull market. In the past few trading sessions, sel-dom-traded counters such as API, FACB and Bedford have made it to the most active list, churning up volumes as high as five million shares
      By HOCK LOCK SIEW  -  555 words
    • Article
      FCC acquires its third residential project for $24m
      434 15  -  By ELAINE KOH FIRST CAPITAL Corporation, which has been out of the news for some time, has acquired its third residential project, this time footing $24 million for 8 piece of land in Tampines. As with the previous two projects, FCC intends
      434 words
    • Article
      SPTI sews up textile venture in Vietnam
      432 15 mm* SOUTH PACIFIC Textile Industries Bhd has jumped into the Vietnamese textile market through a joint venture with a government-owned company. SPTI, through subsidiary Oriental Garment Sdn Bhd, will manufacture jeans with Union Textile Enterprise, which controls all the textile mills and factories
      432 words
    • Article
      Sime UEP to buy Consplant land for M$35 million
      429 15 SIME UEP Properties Bhd has offered to buy a piece of land from its sister company, Consolidated Plantations Bhd, for M 534.92 million. The property, with a net area of about 176.7 hectares, is presently under oil palm cultivation. It is
      429 words
    • Article, Illustration
      IGB Corp eyes stake in HK-listed television manufacturer
      546 15  -  MUI subsidiary increases stake in IGB to 11.68 pc By KEVIN GWEE IGB CORPORATION Bhd is eyeing a stake in Hongkonglisted television manufacturer Luks Industrial Ltd. This was revealed by Luks Industrial in its reply to queries from the Hongkong Stock Exchange.
      546 words
    • SES
      • Article, Illustration
        Talk of takeovers livens up subdued day of trading
        1111 16  -  by HERMAM PHUA TAKEOVER RUMOURS were rife on the local bourse yesterday in an otherwise mixed and subdued day of trading. Talk that both Sim Lim Investments and Van der Horst were takeover targets saw the two counters topping the active
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      • Article
        Unit trusts
        349 16 Managers' prices for Juty 28 Singapore Unit Trust The CoMtrct Hi 123 The Sovings Fund 104 1 10 S'pore Prog Fund 047 051 Spore Sec Fund 0.77 082 Spofe Invest Fund 083 0 88* Spore Equity Fund 0 56 060 OCBC-SIMBL Investment Savers Capitol Fund 107 I II
        349 words
      • Article
        COMPANY MEETINGS
        48 16 KEPPEL FINANCE LIMITED: EGM at the Board Room, 325 Telok Blangah Road. Singapore 0409, tomorrow at 10.30 am. MOUNT PLEASURE HOLDINGS BERHAD: 28th AGM at Miami 111 Hall, Ferringhi Beach Hotel, 12.5 km Batu Ferringhi Road, ***** Batu Ferringhi, Penang, on July 31, Monday, at 11am.
        48 words
    • Article
      SES SHARE INFORMATION
      6111 16 Or** Qfa 1989 Tel La* Vol Day Last Quote Dtv Dhr rid Nat M Cap High Low Cod* Company Sale OCrooo) High Low Buyer 'WIlwT C'vr P/E SmM JUL 27 DEBENTURES, BONDS, LOANS 284 124 1 1543 CK Tang Wt 1990 242 -3 i 242 242 238
      6,111 words
    • KLSE
      • Article, Illustration
        KL lower-liners gain ground
        3524 17 SHARE PRICES closed generally higher on the Kuala Lumpur stock market yesterday on Ists buying. Howevsr, trsding rsmsinsd sluggish. Soms measurs of attention was shifted to secondliners slthough third-liners remained the focus of interest. Blue chipe. however, were comparatively quiet Situational counters had a field day
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    • REGIONAL MARKETS
      • Article
        Manila: Sharp gain
        63 18 FOREIGN BUYING continued to fuel buying in Philippine shares yesterday, driving the Manila Stock Exchange's main index to a 23-month high, brokers said. Manila's composite index closed at 1,148.45, the highest since August 1987, and 3.4 per cent above Wednesday's 1,111.21, Combined volume climbed to 2.2 billion
        63 words
      • Article
        New Zealand: Prices firmer
        86 18 NEW ZEALAND share prices continued their upward climb yesterday on anticipation that the government would clear up the question of old age pensions in yesterday night's budget speech, due for delivery at 0730 GMT. The Barclays index was 17.80 points higher at 1,978.06. It has risen
        86 words
      • Article
        Lock icon Seoul: Prices dip
        78 18 Reuter SEOUL STOCKS declined throughout the session in moderate trading yesterday with individual investors tending to sell in the absence of fresh news, brokers said. The composite index shed 4.34 points to close at 892.71, with turnover of 250.3 billion won against 279.2 billion in the previous
        Reuter  -  78 words
      • Article
        Lock icon Taipei: Prices surge
        382 18 Reuter SHARE prices in Taiwan jumped sharply across the board yesterday as heavy gains in the banking and construction sectors fueled a market-wide rally, dealers said. The weighted index rose 273.96, or 3.15 per cent, to reach 8.945.64 compared with Wednesday's 8,671.66 finish. Turnover rose to NT576.03
        Reuter  -  382 words
      • Article
        Lock icon Bangkok: Mixed close
        201 18 Reuter THAI stocks ended mixed after profit-taking across the board yesterday was offset by last-minute buying support from bargainhunters, brokers said. The SET Index gained 0.35 to close at 628.44 in active trade. Losses outnumbered gains 50 to 42. Most active were Royal Orchid. Padaeng Industry and
        Reuter  -  201 words
      • Article, Illustration
        Prices slightly higher
        1328 18 Hongkong HONGKONG share prices closed slightly higher in thin and narrow range trading yesterday with most participants sidelined owing to the lack of new incentives. The Hang Seng index gained 4.68 to 2,493.71 after fluctuating less than 25 points throughout the day. The Hong Kong index added
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      • Article, Illustration
        Lock icon Stocks end firmer
        537 18 Sydney Reuter THE Australian share market closed higher yesterday. although it retreated from the day's high on sustained profit-taking in the afternoon session, dealers said. The All Ordinaries Index closed 10.9 points higher at 1,627.5, after earlier reaching 1,638.0. "The market was overbought in the morning session
        Reuter  -  537 words
      • Article, Illustration
        Lock icon Broadly higher
        512 18 Tokyo Reuter INVESTORS snatched up just about everything but blue-chip electricals all day, pushing share prices on the Tokyo market higher across the board in heavy trade yesterday. "Everyone is riding a wave of buying," said Masahiko Tsuyuzaki, chief trader for Tachibana Securities Co Ltd. Yesterday was the
        Reuter  -  512 words
    • WORLD MARKETS
      • Article, Illustration
        Lock icon Dow up 30 points on late buying
        884 19 New York Reuter US BLUE CHIP issues burst through to a new post-Crash closing high on Wednesday, riding a late buying frenzy spurred by takeover and restructuring rumours and program-related buying, analysts said. "The market was down for two days in a row,
        Reuter  -  884 words
      • Article, Illustration
        Lock icon Equities open firmer
        942 19 London Reuter LONDON share prices were firm in quiet business yesterday buoyed by a 30-point rise on Wall Street on Wednesday which lifted the US market to a fresh post-crash closing high. One trader said, "The market feels ok. I feel it might move a bit higher
        Reuter  -  942 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        1463 19 Reuter AMSTERDAM: Dutch shares were slightly off mid-morning highs after some light profit-taking yesterday, but remained firmly above Wednesday s closing levels on the back of higher closes on Wall Street and in Tokyo, dealers said. An easier dollar failed to break the buoyancy of export-oriented stocks.
        Reuter  -  1,463 words
      • Article
        Lock icon Analysts discount IEP bid for Cummins Engine
        458 19 Reuter INDUSTRIAL EQUITY (Pacific) Ltd is unlikely to us* its holdings in Cummins Engine Co as a springboard for a takeover of the Indiana engine manufacturer, analysts in Chicago said. "I discount the people who say lEP is going to take a run
        Reuter  -  458 words
      • Article, Illustration
        Lock icon Liquidators called in for Borg's Scandinavian firm
        351 19 Reuter OIRECTORS OF Bjorn Borg's Scandinavian fashion firm have called in the liquidators to take over the company that the ice-cool star built from caah and tennis fame. "We have stopped all payments as of today and the liquidators are now taking over,"
        Reuter  -  351 words
  • Page 15 Advertisements
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      1265 15 Exclusively at The Hour Glass rißsrCnYTtxns First City Bancorporation of Texas Inc. STATEMENT OF ACCOUNTS FOR THE YEAR ENDED DECEMBER 31,1988 Consolidated Statement of Income (Dollar* in thousand*, except per ihmre data) Interest Income Loan*, including feca Money market investments Trading account securities Investment securities tasable Investment secuntiea-tax-exempt Notes receivable
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  • Page 18 Advertisements
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      707 18 NOTICES IN THE MATTER OF THE COMAPNIES ACT. CAP. 50 AND IN THE MATTER OF DOMINO SECURITIES (PTE.) LIMITED (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTION (Pursuant to Section 290(2Kb)) At an Extraordinary General Meeting of the Company held at 9 Penang Road #12-00 Supreme House, Singapore 0923 on
      707 words
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      Page 18 Advertisements Column 2
      690 18 THE COMPANIES ACT, [CHAPTER 501 THE COMPANIES REGULATIONS 1987 SECTION 227N/REGULATION 55 NOTICE OF JUDICIAL MANAGER TO CREDITORS OF FIRST MEETING Name of Company: SIM LIM COMPANY (PTE) LTD (Under Judicial Management) Company No: 90/1949-D Under the Order for Judicial Management of the abovenamed Company dated the 28 day of
      690 words
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      Page 18 Advertisements Column 3
      738 18 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF SCANKIT KITCHENS PTE. LTD. (IN CREDITORS VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN that a Final General Meeting of the members ot the Company will be held at 47 Hill Street 005-02. Chinese
      738 words
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      Page 18 Advertisements Column 4
      711 18 NOTICE NOTICE IS HEREBY GIVEN that, I Hong Heng Moon of No Apt Blk 27, Toa Payoh East #03-196, Singapore (1231), have applied for a Public House, Second Class licence in respect of premises at M/s Shakey's (Singapore) Pte Ltd at 269 Holland Avenue, Singapore (1026), and that this application
      711 words
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      Page 18 Advertisements Column 5
      197 18 NOTICE OF FINAL MEETING IN THE MATTER OF THE COMPANIES ACT. CHAPTER SO AND IN THE MATTER OF LEWIS HOLDINGS (SINGAPORE) PTE. LTD. MEMBERS VOLUNTARY LIQUIDATION NOTICE IS HEREBY GIVEN that a Final General Meeting o» the members of the company will be held at 8 Oueens Road Central OTB
      197 words
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  • Page 19 Advertisements
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      870 19 UNION BANK OF FINLAND LTD Statement of accounts for the year ended 31st December 1988 Consolidated Balance Sheet 31-12-1988 Cash in hand Due from Bank of Finland Due from other Finnish banks Due from foreign banks Loans and advances Payments in transit Accruals Other liquid assets FIM mill 91.12.1Mt 31.12.1967
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  • LATE FILE
    • Article
      Lock icon New EC without Britain?
      48 20 Reuter FRENCH President Francois Mitterrand told West European journalists that a new European Community treaty could be drawn up to exclude Britain if it continued to resist economic union and that the treaty could be signed by fewer than the 12 member states. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Sri Lanka spells out demands
      45 20 AFP SRI LANKA said it was ready to end a diplomatic row with India if New Delhi recognised President Ranasinghe Premadasa as commander of Indian troops on the island and stopped fighting Tamil rebels, a senior minister said yesterday. AFP
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    • Article
      Lock icon 'Jaruzelski to resign'
      32 20 Reuter PRESIDENT Wojciech Jaruzelski, who was elected President of Poland last week, will offer his resignation as Communist Party leader on Saturday, a source close to him said. Reuter
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    • Article
      Lock icon NZ budget may return to deficit
      53 20 Reuter Finance Minister David Caygill said three-year projections show the budget deficit excluding capital items would return to a deficit in 1991-92 after recording a projected surplus a year earlier. He said that the 1991-92 deficit would amount to 1.64 per cent of gross
      Reuter  -  53 words
    • Article
      Lock icon Japan retail sales rise
      63 20 Reuter SALES at Japan's major department stores and supermarkets rose 6.7 per cent in June from a year earlier to 1,449.1 billion yen, the Ministry of International Trade and Industry said. Department store sales in June increased 7.7 per cent from a year earlier to 765.4
      Reuter  -  63 words
    • Article
      Lock icon S Korea, Taiwan expand trade
      51 20 Reuter South Korean Finance Minister Lee Kyu Sung and Taiwan's Economic Minister Chen Li-an have pledged to expand trade and transfers of technology at the start of two days of talks. Lee said bilateral cooperation and trade would help divert trade disputes with industrialised countries.
      Reuter  -  51 words
    • Article
      Lock icon More Japanese travelling
      53 20 AFP MORE THAN 1.88 million Japanese holidaymakers are on overseas trips during July and August, up 11.3 per cent over the same period last year, a leading travel agency reported Thursday. But only 2,000 Japanese are taking trips to China, down from 104,000 in the two-month period
      AFP  -  53 words
    • Article
      Lock icon S Korean plane crashes
      47 20 AFP A SOUTH Korean DC-10 airliner crashed near a runway at Tripoli airport, killing at least 100 people and destroying two houses, after the pilot lost contact with the control tower. Most passengers were believed to be South Korean workers in Libya. AFP
      AFP  -  47 words
  • Article
    Company formed to boost electronic transactions
    460 20  -  By JEFFREY TSANG THE INVESTMENT ARM of the Trade Development Board has opened a new company that will develop computer applications so that businesses in various industries can handle their transactions electronically. The first project Singapore Information Services (SIS), a subsidiary of TDB Holdings,
    460 words
  • Article
    Lock icon Japan's ruling party to elect Uno's successor on Aug 8
    363 20 Agencies JAPAN'S ruling Liberal Democratic Party (LDP) is to elect a new leader on Aug 8 to succeed Sousuke Uno, who is resigning as prime minister after a crushing election defeat. Takami Eto, the party's deputy secretary general, said yesterday
    Agencies  -  363 words
  • Article
    Lock icon Comex gold and silver
    100 20 Reuter COMEX gold futures were little changed in early trading yesterday following news that US gross national product grew 1.7 per cent in the second quarter, just slightly below expectations for an increase of 2.0 per cent. In early business, August gold hovered at Wednesday night's
    Reuter  -  100 words
  • Article, Illustration
    Duty-free firms keen on Terminal 2
    548 20  -  CMS ACCEPTING TENDERS FOR RESTAURANT CONCESSIONS By GENEVIEVE CUA THE RACE is on for the lucrativei concessions at Changi Airport Terminal 2, with major duty free operators around the world keen to join the fray. The Civil Aviation Authority of Singapore (CAAS) is calling
    548 words
  • Article
    Lock icon Two brokers fall in Blue Arrow's wake
    153 20 Reuter A ÜBS Philips Drew executive has resigned and another has been suspended in the wake of the Blue Arrow pic rights issue scandal. Christopher Stainforth, director of corporate finance, resigned and assistant director Sandy Fraser was suspended with immediate effect following criticisms
    Reuter  -  153 words
  • Article
    More competition for the tourist dollar
    211 20 THERE WILL be more shops at Changi Airport's Terminal 2 than at the existing terminal, paving the way for more competition for the traveller's dollar. Terminal 2 will have more than 50 shops, compared to 46 in Terminal 1, according to a statment from
    211 words
  • Article
    Call for integrated approach at Paris peace talks
    261 20 SINGAPORE yesterday called on the International Conference on Cambodia to discuss all aspects of the Cambodian problem "in an integrated manner" now that Vietnamese-installed Phnom Penh Premier Hun Sen s "arrogance and intransigence" had caused the inter-Khmer roundtable talks to fail. A
    261 words
  • Article
    Lock icon Raid on two Taipei illegal investment firms
    297 20 Reuter THE TAIWAN government has made its first move against the island's massive underground investment industry by raiding two firms and impounding their records, officials said yesterday. A spokesman for the Taiwan High Court prosecutor's office said investigators on Wednesday questioned executives of
    Reuter  -  297 words
  • Article
    Lock icon Soviet parliament supports Baltic autonomy plan
    328 20 Reuter THE SOVIET PARLIAMENT has given its backing to a landmark plan to grant wide economic autonomy to the country's three Baltic republics by the end of the year. The Supreme Soviet, the country's inner parliament, yesterday adopted two resolutions which in effect approve
    Reuter  -  328 words
  • Page 20 Advertisements
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      300 20 HWA HONG CORPORATION LIMITED (Incorporated in the Republic ot Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at 60A Martin Road #02-03b Singapore Warehouse Building, Singapore 0923 on the 14 day of August 1989 at 10:30 a.m.
      300 words
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      Page 20 Advertisements Column 2
      8 20 Nat West chief blames former staff, PAGE 7
      8 words
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      Page 20 Advertisements Column 3
      256 20 CHEERS! m i m i making has I w* I z w TO grapcy flavours with a touch of mdon and a fresh, dean finish. A mouthfilling wine, great with seafood and salads. Qinally, who could have guessed that Bouchard Pere et Fils, one of the most successful wine companies
      256 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon No progress in Sea Containers bid
        82 21 Reuter DAN STEN OLSSON of Stena A B and Robert Montague of Tiphook pic, whose company Temple Holdings Ltd is bidding for Sea Containers Ltd, reached no agreements or understandings at a July 23 meeting with representatives of the shipping company. No further meeting
        Reuter  -  82 words
      • Article
        Lock icon Agreement on Vaidez's entry
        115 21 Reuter EXXON CORP's Exxon Shipping Co signed an agreement on Wednesday with the state of California to allow it to bring its tanker Exxon Valdez into San Diego Harbour for repairs. The tanker, which caused the worst US oil spill ever when it ran aground off
        Reuter  -  115 words
      • Article
        Lock icon MC buys eighth vessel
        76 21 Reuter MC SHIPPING INC has bought its eighth vessel, a multi-purpose carrier called Vincenzia, for US$B.25 million. The purchase completes MC's merchant shipping fleet. The company has now invested almost US$7O million in shipping assets in just over two months, according to president Guy Morel. MC
        Reuter  -  76 words
      • Article
        Lock icon Toxic cargo ship back in Rotterdam
        88 21 Reuter A SHIP carrying 1,000 tonnes of toxic European industrial waste rejected by Brazil returned to Rotterdam on Wednesday. Dutch authorities and environment groups say there are no facilities in the Netherlands to process the zinc oxide residue which contains high levels of toxic
        Reuter  -  88 words
      • Article
        Lock icon Minister gives assurance on oil slick
        80 21 AFP THE HUGE OIL SLICK in the Arabian Sea which formed after a collision between a Singaporebound tanker and a British vessel is "no threat to the environment", an Indian minister told Parliament on Wednesday. The Minister of Environment and Forests, Z R Ansari,
        AFP  -  80 words
    • Article
      Lock icon UK ships' share of British global trade down last year
      192 21 Reuter BRITISH-FLAGGED vessels carried 32 per cent of Britain's international trade by value last year, five percentage points less than 1987, and carryings by weight fell one point to 21 per cent, British Department of Transport statistics show. These cover
      Reuter  -  192 words
    • Article
      Index to advertisers
      1090 21 ABC Containerline XI 5 Accord Shpg VMI 3/4 AfS XM 3 Ahrenkiel liner xn 5 AC Toepfer xm 5 American Niugini XII 4 Arrow lines XI 5 Assoc Corrioge xm 5 ANl IN 1/2 AFC line VM 4 API V 3-5 ASCI y 1 Atlas lii» XM
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    • Article
      Monthly Queensland/PNG service may be extended
      320 21  -  By JEAN FOONG A MONTHLY North Queensland/ Papua New Guinea semicontainer service offered by Roco Carriers and its Australian partners may be extended to New Britain and Indonesian ports this August/September. The German-owned Roco's partners are Carpentaria Seaways and C B Marine. The extended
      320 words
    • Article
      Throughput policies worrying KL insurers
      379 21  -  By ZULKIFLI ALWI MALAYSIAN CARGO INSURERS, alarmed at increasing risks underwritten by non-marine insurers in stock throughput policies, are asking for a limit to the terms of such policies. The insurers are seeking the help of the International Union of Marine Insurance to get industry
      379 words
    • Article, Illustration
      Offshore venture to open S'pore office
      547 21  -  By RAHITA ELIAS BLUEWATER OFFSHORE Production Systems (BOPS), a new 50-50 joint venture between P&O Australia and Bluewater Terminal Systems, will be using Singapore as its springboard to the international offshore oil market. Formed a couple of weeks ago, BOPS aims to promote the
      547 words
    • Article
      Moscow to tap Lloyd's Register expertise
      173 21 LLOYD'S REGISTER concluded an agreement this month with the Soviet State Committee for Standards to provide comprehensive technical consultancy and inspection services in the Soviet Union. Lloyd's will ensure that rigorous standards of quality and safety are applied during the design, manufacture and operation
      173 words
    • Article, Illustration
      Lock icon A seller's market in rice
      670 22 MAJOR CONSUMING COUNTRIES FACING PRODUCTION PROBLEMS Lloyd's Maritime Asia CONTINUING difficulties in achieving the elusive goal of self-sufficiency in rice in the main consuming countries spell good news for international trade for the rest of this year and probably throughout 1990. The main variables to
      Lloyd's Maritime Asia  -  670 words
    • Article, Illustration
      Nedlloyd firms combine forces on Esso project
      133 22 COMPANIES in the Nedlloyd group recently joined hands in a major transportation project for Esao. Nedlloyd's freight forwarding arm, Oamco Maritime. both in Holland and Singapore coordinated the entire transportation process for an 80-tonne propane dewaxing filter unit, and some crates of construction
      133 words
    • Article
      Bunker market report
      544 22 Density Water Carbon Ash Aluminium Sediment Residue KG/M*3 V/V M/M M/M PPM M/M Exxon method ISO/Cimac limits Spec E25 991 1.0 15.0 0.10 30* 0.10* Spec G35 991 1.0 18.0 0.15 30* 0.10* Northern Europe 180 Ave 983 0.2 13.4 0.05 10 0.04 180 Max 1003 3.0
      544 words
    • Article
      Lock icon New mood of cautious optimism among financiers
      889 22 Lloyd's Ship Manager WHEN the newly organised Nortankers Inc issued 5.28 million shares in May, the offer was greeted warmly by the market. It was oversubscribed by 10 per cent, but only around 5 per cent of the stock was traded on the
      Lloyd's Ship Manager  -  889 words
    • Article
      Container schedules/ships in port
      1983 22 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Transtainer Schedules Blk Op Gdn Datemme Time From Time To Booking Gate Al Mirqob 43 30 07 89 0700 28/13X 2*I4X Tlx/Fax 2 •4 F05 29 OCX 2901® NA 2 Anro Melbow 0*731 *****9 0700
      1,983 words
    • Article
      Lock icon Ship spills chemical after hitting lock wall
      215 23 AP TRAFFIC ALONG the northern New York sections of the St Lawrence Seaway came to a halt on Wednesday after a Singapore-registered tanker hit a lock wall and spilled 7.500 litres of a flammable chemical, said a spokeswoman for the Seaway Development Corp.
      AP  -  215 words
    • Article
      London Freights
      844 23 A NINE-POINT hike in the Baltic Freight Index to 1,388 on Wednesday provided further proof that the US Gulf grain freight market is starting to pull out of the seasonal summer doldrums, brokers said. The rise was mainly influenced by a further rise on the influential Gulf/Japan grain
      844 words
    • Article
      SHIPPING LIST where your ships are due...and when
      12104 30 §®aBG)gEB A guide to ships loading at Singapore for ports around the world 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
      12,104 words
  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      33 21 ■jjijU A lively SB way with ■niAiict words wm Available at aH good bookshops Federal Publications r advertising and circulation enquiries, please call Business Times, I: *****11, Fax: 253-2021, Tlx: RS ***** BTAD
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      Page 21 Advertisements Column 2
      17 21 Lines and services represented by Members of the Registry of Accredited Shipping Agents, Singapore National Shipping Association.
      17 words
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      Page 21 Advertisements Column 3
      108 21 "The Illustrated Encyclopedia of Wildlife" \\ildlijc /s Fortnightly at all good bookshops ft 7^ O )< )c KOc vC >( vOc v v )c vC~>c < ONE NAME FOR YOUR WORLDWIDE TL_wjrei m SHIP WITH CONFIDENCE VOTAINER Member of VAN OMMEREN CETECO Group Moving via Conference directly into USA Europe
      108 words
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      Page 21 Advertisements Column 4
      128 21 INSIDE Jl Good news for CONTINUING difficulties in achieving the elusive goal of self-sufficiency in rice in the main consuming countries spell good news for international trade for the rest of this year and probably throughout 1990. PAGE II Mellower mood in ship financing INVESTMENT in the shipping industry has
      128 words
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      Page 23 Advertisements Column 1
      1392 23 OOCL mi JARDINE SHIPPING AGENCIES -W R ijJ m\2 05 Southpomt Singajve O.\lS iei i telex hc us TERMINAL CFS Tel :X BOOKINGS Tei V002J4 235 PESAKA JARDINE SHIPPING ACENCIES SON BHD PORT HUANG TEL (*****8 Tele. No MA?44" MA^O! K> C/ttohly p'nang tel b24:u telex no ma4oo t 3
      1,392 words
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      Page 23 Advertisements Column 2
      1247 23 DESTINATIONS >p CKI '^entng »u CaMom.j, US Guff US Ariaoi,, i as c-n a<3.l All *<!«•' S* LICA M MARCHEN M LEISE M MARQUE THE M METTE M LARS M RE GIN A M LAURA M LAUST M 8010 2/8 3/8 ANNA M 8812 10/8 10/8 M ROTTERDAM 8812 17/8
      1,247 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      588 24 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT ALSO ACCEPTING CARGO TO. ALL UK INLANO DESTINATION NATIONS, BELFAST, DUBLIN, COPENHAGEN, AARHUS, GOTHENBURG. MALMO, HELSINKI, OSLO, AMSTERDAM, CARIBBEAN t S AMERICA CONTAINER SERVICE FROM UK/CONTINENT HEIDELBERG EXPRESS KAMAKURA ALASKA MARU BREMEN EXPRESS LARGS BAY LIVERPOOL BAY TYO 7/8 KOB 9/8 TYO 14/8 KOB
      588 words
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      Page 24 Advertisements Column 2
      447 24 0 COLUMBUS LINE REEDEREI GMBH I* St B VICE OF HAMBURG SUDt Vy" EXPRESS SEMI CONTAINER SERVICE TO NORTHBOUND TO UKC S PORE ROM/A'DAM HBG MULL (U.K.) CLYDEBANK V*N 14/1 UA MM 21/9 TAMAITAI SAMOA V-lfiN 1710 21 10 10 FORTH BANK V-2SN 13/10 1/11 13/11 17/11 •Msa Acnptinc Fa
      447 words
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      Page 24 Advertisements Column 3
      825 24 1" L 2. *j>lA ft _S2_S REGULAR independent full container service FIXED DAY WEEKLY TO EUROPE MEDITERRANEAN ADRIATIC RED SEA DEPARTING EVERY FRIDAY NEXT SAILING "NORASIA MUBARAK" V.8919-3 NORASIA AGENCIES (S) PTE LTD J"-"" 78 MOM 10. APEI TBWEI I" 1 3,7,5 M|C MA] TTI fffflftll W*O(4W Til Ml II
      825 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      999 25 Steamers Maritime Holdings Ltd W* P&O Ctmt Containers CONTAINER SERVICE TO UK/CONTINENT: CONTAINERSHIP SERVICE FROM UK CONTINENT: H'burg B'ltavwi Ifdam Laft S'ton P.Klang S'pore H'Kong K«o HEIOCLKR6 EXPRESS SaM Saitod S«M Sailed Sailad 26/7 21/7 31/7 02/8 MONTE ROSA* S*iiad Sailed Sailed Sailed Sailed 29/7 KAMAKURA* Sailed Sailed Sailed Sailed
      999 words
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      Page 25 Advertisements Column 2
      902 25 YANG LINE WEEKLY EXPRESS INOEPENOENY FAR EASY/EUROPE FULLY CONTAINERISED SERVICI for Inland UK dMtinatiora Antwerp and Scjndanoun porta Ldg lor HK/KAO/KOBE/YOKO/BUSAN FMG Q HOIA MfcRCANTfc GR ANC Ol OMR lAN A SA NATIONAL LINE OF COLUMBIA* CAVN COMPANIA ANONIMA VENEZOIANA DE NAVEGACION (NATIONAL LINE OF VENEZUELA, To Buenaventura/Barranquilla/Santa Marta/Cartagena, Cristobal
      902 words
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      Page 25 Advertisements Column 3
      418 25 Hai Sun Hup Co (Ptc) Ltd 22i T i 2ZC'~i fc. KASTKKN CAR I.INF.R I.'! I) STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT VESSEL TANJUNG KOGGEGRACHT ASIAN COSMIC EMAS CLIPPER TRADER VOY. NO 2 3 117 1 S'pore 29/7 30/7 2/8 6/8 P. Kelang In Port 28/7 5/8
      418 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      539 26 HI SINOSE MARITIME PTE LTD ■Tiri ISLAMIC REPUBLIC OF IRAN SHIPPING LINES IRANIAN SERVICE IRAN TEVFOURI PJIW Singapore Loading for:SID BANDAR ABBAS KYOWA LINE MTRODUCMG KYOWA FAST DIRECT B/BULK/CONTAMER SERVICE FROM S'PORE/PK TO GUAM/SAIPAN AND MICRONESIA PORTS* ETA SPORE LOAD FOR: SPARKLE ETA 31 AUG IS GUAM. SAIPAN AND MICRONESIA
      539 words
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      Page 26 Advertisements Column 2
      399 26 HANJIN SHIPPING FULL CONTAINER SERVICE I TO EUROPE VIA SUEZ TO USA PACIFIC SOUTH WEST I TO FAR EAST PORTS TO PACIFIC N0R7.1 WEST CANADA FROM EUROPE VIA SUEZ 0 EAST COAST (ALL WATER SERVICE) CONVENTIONAL SERVICE TO PERSIAN GULF INBOUND SERVICE FROM USA CANADA UNI MAUL LAX OAK SEA
      399 words
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      Page 26 Advertisements Column 3
      103 26 K INTEROCEAN LINE 78, 2nd Floor, Jalan 2/71, Taman Tun Or. Ismail. ***** KL. Tal: *****34, *****94, *****29 TLX. NO. MA-***** FAX: 03-*****11 Panang Off; Tal: *****7, *****2 ACCEPTING CARGOES FOR THE FOLLOWING PORTS GUANGZHOU MARITIME TRANSPORT BUREAU OF CHINA SOuM»N i"N€ Of GUI A" l**° SfOvCf S i«O«NIGHTL» SAIL
      103 words
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      Page 26 Advertisements Column 4
      615 26 i EVER GOVERN EVER GARDEN EVER GROWTH EVER GRAND EVER GIFTED EVERGREEN full Container Serine Round-The-World East Bound (FE/CARIB/USEC/EURO/FFt «c lU.C PUS HKT OSK TTO BAL LHV ANW W FIX IMC ss aS oS ss ss ia ss Si. ss S5 as 14m is*o a*o 21*0 a*o an ffIM2SS2£2 ~2
      615 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      836 27 CONTAINER SERVICES FAR EAST VESSEL VOY KOTA BAHAGIA MIS SEA HAWK M3l KOTA BAHAOIA 8014 OOWA 4588 MA HAWK 8532 SIN a/7 2/8 M m M BELAWAN/STRAITS 1 [BANGKOK VESSEL SEA PEARL SEA PEARL SEA PEARL VOY SIN BLW PEN PKL SIN ITt Sid Sid In PI 30/7 31/7 (912
      836 words
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      Page 27 Advertisements Column 2
      540 27 r SEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT Alufe Noru 1M lit l|) M W Mont* Rou nit nrt i» jh *n m Boy 234 12/1 M/t M 0 U/l 11/1 CMEdinturft. Mff W 1H W Ul »U London Eiprou **l 1/1 1M tilt 23/1 Hit M m Hfl
      540 words
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      Page 27 Advertisements Column 3
      406 27 DJASAGETRI A Joint Europe Service Of: P.T. DJAKARTA LLOYD P.T. 6ESURI LLOYD P.T. SAMOSERA INDONESIA P.T. TRIKORA LLOYD VSL/VOV NATARAM/24W8 L J BONTANG.IIWB S PANJANC/23W8 S PORE ANTWERP H BUI ROAM/ADAM BR EM «-7» lOfl 14/1 (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO) u m iyi an (ACCEPTING CONVENTIONAL AND CONTAINERISED CARGO)
      406 words
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      Page 27 Advertisements Column 4
      421 27 BOUSTEAD SHIPPING AGENCIES f® MYOMAr«A HTONEYWA V249W HPA-AN VIC MYANMA FIVE STAR LINE (Burmese National Line) Loading for Rangoon S'pore P.Kelang Penang Bangkok 5/6 Aug 810 Aug 4/5 Aug 1/10 Aug THE BANK LINE SEMI-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HMBG HULL CLYDEBANK V26N 14/S 12/9 IS/9 21/9 TAMAITAI
      421 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      732 28 \vKline KAWASAKI KISLN KAISHA. LID H AMERICA-ATLANTIC COAST OOCL FREEDOM OOCL FAITH OOCL FRIENDSHIP NEPTUNE JADE AMKMCA PACIFIC SOUTH-WIST Aianuri DArmr yjuuii mil i jyHNKA HWIIIrWCII of ACS) FEEDER VESSEL JOHORE BRIDGE 99 FEEDER VESSEL JOHORE BRIDGE 99 MOTHER VSL TBN MOTHER VSL KB TBN 16/8 M'ZANILLO t 31/10 KB
      732 words
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      Page 28 Advertisements Column 2
      528 28 AUSTRALIA EXPRESS CONTAINER SERVICE Accepting FCL/FCL ConWnm INDIA EXPRESS CONTAINER SERVICE Aocepting optional discharge at Nliava SftevaßomtJay INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers and Conventional Cargo Also accepts Metals A Steel Products Singapore P Kelang Panang Loading tar. JALATAPI V.C-4 4 Aug 2 Aug 30 July Koba Nagoya Yokohama MI/ORAM V
      528 words
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      Page 28 Advertisements Column 3
      318 28 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD TttO* A»*f Street SINGAPO»f 0104 TCL MM (10 UNES) F<> iMJiW STRAITS/PERSIAN GULF SERVICE: GOLDEN HAVEN Catombo/KjradM/Oubii GOIOCN BEAR Catante/KwiclM/OutMi CHINA SERVICE BAI TUN SHAN Huan(pu/Stonfta> S'pore I# Aufuit 24/21 August 1/2 August P Relang Pen»ng CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE'S
      318 words
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      Page 28 Advertisements Column 4
      473 28 EES PHILI-ORIENT LINES PTE LTD HEAD OFFICE '08 ROBINSON ROAD ~07 00 GMG BUILDING SINGAPORE" OlOfc TELE* RS PHILI FA* 22SSfc76 VESSEL EAST/FA* EAST FCI ft LCI I ETA SINGAPORE I DESTINATION W lilt 13*. IS* Mm viml JEDOAH (LCL) WEEKLY AQABA HODEIDAH 4/t. M tin. m EAST/WEST TB AFMCA/MB.
      473 words
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  • Page 29 Advertisements
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      Page 29 Advertisements Column 1
      890 29 Agents S pore General E Enquiries f *****77 2 (CR NO. **********0E) TO-EUROPE WPIIM HGfllCfS PTE UD P K stone K Lumpur J6HO7 2tl«m NEPIK SON BHD Ptnant *****$ NEPTUNE ORIENT LINES LTD Penang JBakru 6XO3$ 23KX0 *****0 *****1 627*1 *****2 E X P OH T IMPORT —rr»rrffT,«n,,.fa-,ri FDK VSL/VOY
      890 words
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      Page 29 Advertisements Column 2
      116 29 I@> PAN OCEAN SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES Spore BALISA AGENCY PTE LTD 8C p a r ade Roac °"3-0' 02 p a r K*av p a r aae Singapore 1 544 Te<e* ***** BAJSA Po r BooK'ngs T e 3455""00 8 mesi P Kelang BAHTERA LAUT SDN BHD
      116 words
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      Page 29 Advertisements Column 3
      102 29 sF Specargo AIRFREIGHTING PROBLEMS' CALL US" TEL *****55 FAR EAST TEL *****55 FAX *****73 TLX RS ***** FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU SERVICES FROM SINGAPORE TO PADANG PERITA MAS ETA 28/7/89 ETD 30/7/89 Daily receiving cargo at PPW/Jurong Port Marina Sembawang YBftk Perita Shpq Trdg
      102 words
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      Page 29 Advertisements Column 4
      870 29 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 Telex Numbers RS ***** RS ***** RS ***** wwMHm m k£LAMC MESSRS HAI THONG SMIPPINC 127 Penang Street, Penani Malaysia IVS HANDLING SYSTEM CO SON
      870 words
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      254 30 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. TEL 225 6868 (34 lines) FAX *****39/*****76 TELEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LIMES l VEB DF'JTFRACHT SEEREEDERE' ROSTOCK < INTEGRATED CONTAINER SERVICE MEMBER OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND FAHRLANO VB/S9 W. ULBRICHT V4/S9 T.
      254 words
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      Page 30 Advertisements Column 2
      179 30 SANWA LINE FULLY CONTAINERISED DIRECT SERVICE STRAITS/HONGKDNGfTAWAN/JAPAN PORT KIANG AGENT INTEGRATED FORWARDING SHIPPING SDN BHD. TEL: *****04 FAX: *****49 KIE GWAN SNIPPING (IN) SON. INN. K (it A berangan PORT KEIANG SELANGOR MALAYSIA V" m Noi %h<»i6a iwo/w imoi/2 FAX 'WW/ w MALAYSIA/SPORE TO E MALAYSIA SERVICES: v» KK. SUn.
      179 words
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      Page 30 Advertisements Column 3
      200 30 m ■u VESSEL EASTERN PIONEER EASTERN PIONEER SINGAPORE IN PT m SONGKHLA Jw I J VESSEL Tl BHUM Tl BHUM ITI BHUM JAKARTA! 2 SAILINGS A WEEK PT Sarana Penida Jkt (Tel: *****6) SURABAYA i sailing a week < PT Sarana Penida Sby (Tel: *****) 6CLAWAN i-1 SAILING A WEEK
      200 words
  • Page 30 Miscellaneous
    • Miscellaneous
      Page 30 Miscellaneous Column 1
      162 30 Regional Weather m sse 52 ST. fi I K K "c a Wmd direction with m knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. July 28, 1989 LEGEND R Thunderstorm Templar*" V A n y>o W€f Weather -V Wmd direction with speed m knots Rom Cloudy Sky Wov he^hr
      162 words
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      Page 31 Advertisements Column 1
      1730 31 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE OCCAM STRENGTH LEUVf VIM SUSAK TIN CQUATCR PRIOC TIGER MY V7SM OCCAM SNCERCTY VIM P. STAROSTIN VAUSa leuvc vna CALABAR V IN SUSAK KM TIGER MT 77N leuvc ma J: as RORO ft LOLO SERVICES ALL LCL/FCL ACCEPTABLE FOR COMPETITIVE LCL
      1,730 words
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      Page 31 Advertisements Column 2
      78 31 j REGULAR EXPRESSFCL H LCL SERVICE inn KEELUN6, KAOHSIUNG |1A IN, ISA BN. SN JAKARTA (Fa ONLY) TOKYO. KOK, BUSAN (TCL ONLY) COLOMM (Fa ONLY) TO AUSTRALIA/NEW ZEALAND IE J O Sum ■Efl -T—II c. mourn m AMTMtfW IS Aln accaftNW cirii (ISA HMlii Taapi, JadwmWe. Wik Mm Y«rt. •octon
      78 words
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      Page 32 Advertisements Column 1
      87 32 COMPANY OF SAUDI ARABIA REGULAR RO-RO SERVICE TO MIDDLE EAST JEDOAH 31 AUG Accepting Breakbulk, Ro/Ro, Containers ft FCL Containers for Sharjah, Doha and Riyadh. REGULAR RO-RO SERVICE TO USA/CANADA NEW ORLEANS ESSEL DDI TABUK TT FEA 037 I U AUG Also Accepting FCL Containers for Charleston, Miami. Tampa and
      87 words
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      Page 32 Advertisements Column 2
      903 32 LCL/FCL SERVICE TO/FROM J Nil L m om 600 tormifiats/officss in UiA Mm our 35,000 tract on ft trucks, over 60,000 points m U.S.A. reliable LCL/FCL sameas. Gen«r»l Agents: M PENANG KL: allied-link SINGAPORE: 04-*****2 03-*****55 778 6522(22 L.nesi •A*™** Suaan Ng/Chr«tina Chiew Elaina Tao/Esther Y*> shipping (Singapore) private limited
      903 words
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  • Page 33 Advertisements
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      Page 33 Advertisements Column 1
      684 33 Everett Tines! COMPANIA PERUANA OE VAPOPES "PERUVIAN STATE LINE" 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 THOMASEVERETT 1/ 3 Aug 4/6 Aug MANOLOEVERETT 19/21 Aug ROSEEVERETT 1/ 3 S«p ORIENT
      684 words
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      Page 33 Advertisements Column 2
      485 33 ZTTVT FULL CONTAINER SERVICE accepting FCL/LCL cargoes to USA East t West Cms! Cjrnbbwn East C*nad* HAITI Costa Rica El Salvador Guatemala Honduras Venezuela Peru Ecuador Colombia via Miami Trinidad Barbados Anti|ua St Lucia Montserrat Cuayana via Kinfiton 1 1 Bill \M AUSTRALIA CONTAINER SERVICE ACCENTING CARGO TO ADELAIDE VIA
      485 words
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      Page 33 Advertisements Column 3
      520 33 ■IMP* 10 A TRANSPORTATION (TTI) LTD WEEKLY LCL/FCL SERVICE DESTINATIONS ETA SINGAPORE PORT KELANG 28 JULY MANILA 28 JULY HONG KONG. ALL CHINA PORTS 28 JULY KEELUNG, KAOHSIUNG 30 JULY BUSAN 30 JULY TOKYO. KOBE 1 AUG CHITTAGONG 31 JULY DUBAI 30 JULY JEDDAH 3 AUG SYDNEY. MELBOURNE 28 JULY
      520 words
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      Page 33 Advertisements Column 4
      517 33 PERINTIS LINE WEEKLY FULL CONTAINER SERVICE ACCEPTING ALL FCL CARGOES BETWEEN SINGAPORE AND JAKARTA SURABAYA VOY SINGAPORE JAKARTA ETA ETD ETA ETD 210-11 29/07 31/07 02/06 02/06 282-283 1/06 2/08 5/08 5/08 VESSEL PRASETIA PRABHAKTI VOY SINGAPORE SURABAYA ETA ETD ETA ETD TANTO UTAMA 06-09 02/08 02/08 05/08 06/08 TANTO
      517 words
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      Page 33 Advertisements Column 5
      381 33 PTC CONTAINER LINES FCI LCL SERVICE SIN FAB EAST 6/8 KEELUNG/KAOHSIUNG 3/8 BANGKOK 4/8 MANILA 5/8 JAKARTA < 5/8 PORT KELANG/PENANG 1/8 BUSAN 1/8 TOKYO/YOKO/KOBE 3/8 HONG KONG also accepting cargo to Huangpu/Shenzhen/Fuzhou, Xiamen/Xingang, Shanghai SIN EUROPE/UK 5/8 LDN/FLX/LVP/SOU 5/8 RDM/HAM/ANT/LE HAVRE/GENOA also accepting cargo to all Europe iniand destinations
      381 words
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  • Page 34 Advertisements
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      Page 34 Advertisements Column 1
      948 34 k T 4I MERCHANT MARINE CO., LTD EASTBOUND TO USA FULLY CONTAINERISED trans-pacific WEEKLY SERVICE TO PSW HYUNDAI COMMANOCR HYUNDAI PIONEER LAIANDIA HYUNDAI CHALLENGER HYUNDAI INNOVATOR HYUNDAI EXPLORER SIN HKC LBH OAK SEA 10E 29/07 03/01 21/01 24/01 27/01 25E 04/00 10/00 20/00 31/08 03/09 25E 1 im 17/01 06/09
      948 words
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      Page 34 Advertisements Column 2
      664 34 ■IT\ JE CONTAINER LINE n TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST SRI LANKA/ INDIA 52m NEW ZEALAND/ AUSTRALIA rcTTTT FREMANTLE MELBOURNE SYDNEY EUROPE/ UK FELIXSTOWE HAMBURG ROTTERDAM 2S/7 A 5/1 SOUTHAMPTON HP A 5/1 TILBURY 2WI 5/1 LONDON 1* A 11* 1/1
      664 words
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      Page 34 Advertisements Column 3
      634 34 V ftfftfr MitsciOSK Lines. Ltd m m FULL CONTAINER EXPORT TO: UK/CONTINENT (TRIO) PKatMilSlM N'kurt rhim Rtat W* &H NH IK 77? nuiMirußT IXPMSS JM p* HCIOCLKRC EXP W iw "g nj {2 >£ MONTI ROSA uk llfl Sfl l/t m MEDITERRANEAN (MED CLUBI* to Antwp «Mir4w T« Inm ta
      634 words