The Business Times, 10 August 1989

Total Pages: 28
1 28 The Business Times
  • 11 1 BUSINESS TIMES MCI (P) 45/12/88 THURSDAY, AUGUST 10, 1969 75 CENTS
    11 words
  • 154 1 Footsie up LONDON share prices were slightly higher at midday yeetarday as tha market drifted upward in thin, tentative dealings, dealers said. At 1115 GMT. the Financial Timea-Stock Exchange 100share index was up 2.6 points, or 0.1 per cent, at 2,360.7. AP Dow Jones up WALL STREET
    154 words
  • 114 1 Bernama THE Kelantan state government ie concentrating on wooing existing investors in Malaysia and Singapore to expand their businees to the stats. Deputy Mentri Beear, Datuk Ahmad Rastom Haji Ahmad Maher, said yesterday that this spproach was decided upon by a joint committee comprising the state government and
    Bernama  -  114 words
  • 440 1  -  By LILIAN ANG THE MOOD was magical. And moving. Thay waved, they sang, they cheered. They were Singaporeans, and proud of it At no point was this more evident than in the awe-inapir-ing grand finale. A squadron of four alrforce helicopters swept past the stadium,
    440 words
  • 249 1 Reuter THAILANO HAS EASED restrictions on residential permits to attract foreign money and talents, a move similar to that taken by Singapore recently. A Cabinet apokeaman told reporters that besides foreign Investors, those with educational beckgrounds valuable to the Thai economy will aiao receive special consideration.
    Reuter  -  249 words
  • 192 1 AFP CHIANG HSIAO-WU, the son of the late president Chiang Ching-kuo, will be named Taiwan'a representative to Japan. The China Times in Taipei said yesterday that Mr Chiang, 54, will replace Ma Chi-chuang, 76, as representative of the Tokyo office of the
    AFP  -  192 words
  • 590 1  -  ■y LEE HAN SHIH SIX MONTHS before the building is doe lor completion, Singapore Lend hee secured the first tenent lor Its glsnt Gateway project along Beech Roed The lenent Is American Internetionel Aaaurance (AIA), which recently signed an agreement to take up
    590 words
  • Page 1 Advertisements
    • 69 1 -SA >-V fßurberrys'; > i ~v„ < Reigns when it pours \YvYyY^WVVNA< A /yVVYVVvVv\YY/V < y The best of Hunan and Sichuan awaits you today at the Cherry Garden. V Tt" 'vy& ~%w> m m W M jif*, r/ Let Chef Huang introduce you to the finest cuisines of the
      69 words
    • 147 1 Editorial Comment 8 Fraudulent trading S MARKETS ....14,1 There's room for accommodation Sledz brothers plaad guilty Uon Nathan Queensland Advertising ft Marketing tBub,BW Lure of the sunshine state Bigger budgets for promotion J Naw» Lid, INL US foreign poMcy 9 Medon collection 10 on* Few options left to back Contraa
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    • 84 1 BALLY of Sit ii:crlnml "-*4 ft a i* InilcUp DINING ON TOP-OF-THE-WORLD Join us at the topx Enjoy the best Beijing cuisines specially prepared by our master chef. All yours to savour, amidst the grand panorama of the city and southern islands, the cosy ambience and the warm and personalised
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  • FOREIGN NEWS
    • 352 2 Major problem is effect of unrest on foreign investors AFP THE US Central Intelligence Agency (CIA) said on Tuesday that in the aftermath of the bloody events of Tiananmen Square. China was faced with putting off democratic and economic reforms, diminishing foreign investment and increasing
      AFP  -  352 words
    • 221 2 AP AN AMERICAN COMPANY in Chins has contracted to lease 5.3 sq km of land for 70 years and develop it into an export production zone. The Xinhua News Agency said on Tuesday that it was China's biggest land rental agreement
      AP  -  221 words
    • 457 2 FT WASHINGTON has rejected Iran's suggestion through s government newspaper that it would use its influence to free captives in Lebanon if the US sgreed to release frozen Iranian assets. On Tuesday. Iran outlined the proposal to ease
      FT  -  457 words
    • 264 2 AP THE PHILIPPINE government said yesterday that consumer prices had jumped to their highest level since President Corazon Aquino took office as civil servants rejected a pay rise proposal as inadequate. The National Statistics Office in Manila said consumer prices increased by 10.3 per cent
      AP  -  264 words
    • 264 2 AFP THE US Centrsl Intelligence Agency (CIA) predicted on Tuesdsy thst China would have a trade surplus with the US this year of more than US$5 billion. "Last year." it said in a report to Congress, "manufactured goods accounted for 85
      AFP  -  264 words
    • 337 3 Reuter POLAND entered its second week of political deadlock yesterday with the communist authorities and the Solidsrity opposition making no visible progreea on forming a government Remarkably for an East European country, the ruling Communist Party ia having to bargain with a
      Reuter  -  337 words
    • 114 3 AP THE European Community and Poland on Tuesday signed a new agreement setting out ways to expand and strengthen trade and economic cooperation over the next five years. Pablo Benavides, a foreign affairs official of the EC, also travelled to the Polish
      AP  -  114 words
    • 189 3 Reuter THE United States will open investigations of worker rights and expropriation policies in eight developing countries, the US Trade Representatives Office said on Tuesday. If violations of American trade policies are found, the nations could lose their low-tariff benefits for
      Reuter  -  189 words
    • 285 3 FT WEST GERMANY showed its first sizeable surplus on long-term capital account for more than two years in June as foreign investors sent funds back into the country after the repeal of the controversial withholding tax on interest income. Latest figuree from the
      FT  -  285 words
    • 369 3 FT COMMONWEALTH heads of government, and Britain in particular, will be under preesure to launch a phased intensification of trade restrictions on South Africa when they meet in Kuala Lumpur in October. A 222-page report on sanctions published on Tuesday says tougher
      FT  -  369 words
    • 208 3 AP THE GOODYEAR Tire Company on Tuesday threatened to fire 1,200 striking black workers as a series of strikes and lockouts crippled South Africa's motor vehicle industry. In all, 13,000 members of the National Union of Metalworkers of South Africa at four vehicle
      AP  -  208 words
    • 184 3 AP BRITISH inveetment in South Africa ia still thriving, according to a study released on Tuesday amidst renewed international pressure on athletes and businesses to boycott the country to protest apartheid. More than 200 British companies have subsidiaries in South Africa, despite substantial disinvestment
      AP  -  184 words
  • 634 2 ARRIVALS Operator ii tacal Mm* From GU SU THA CPA MAS GU MAS MAS AUC SU AA UTA TtY SU SU SU SU GU GU MAS SU SU tOT PAL SU SU ML MAS GA962 SQ061 TG413 CX713 MH631 GA951 MH642 MH643 um5 SQ027 SU557 UT566 MM17
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  • Page 2 Advertisements
    • 494 2 aMymrTmdAgmm/tirCimhM7M3s&. A BREATH OF FRESH AIR SItWHV MKU SSBflßy* I A| Cfaagi Airprt m 22Mhomnmm miiiitm HotW»* arty the MU*ia| MraMf. W Air Canada It appeals to both sides of your brain. For every purchase from 1 Jul. to 30 Sept. 1989 On board interfaces make it easy to bring
      494 words

  • Page 3 Advertisements
    • 179 3 Ask me why I'm petting a new Cefiro and IV lie 111 tell you about bow the Cefiro bos features not found on even the most prestigious European luxury sedans IV goon for hours about the CefirosDUET-EA, for enhanced road handling and fuel efficiency And the DUET-SS Supersonic Suspension System
      179 words
  • Page 3 Miscellaneous

  • MONEY AND EXCHANGES
    • 525 4 Swap curb, off-shore funds directive pay off NST BANK NEGARA's curb on cur-rency-related swaps and its directive to companies to bring home funds placed off-share have helped reversed some MSI.S billion back into the Malaysian financing system. This has contributed to easy
      NST  -  525 words
    • 590 4 FT OFFICIAL FIGURES showing a sharp drop in UK retail sales and a small rise in consumer credit on Monday provided the strongest evidence yet that the British government's high interest rate policy has put the brakes on consumer
      FT  -  590 words
    • 312 4 Reuter TAIWAN, holder of the world's second largest for-eign-exchange reserves, plans to use some of its funds to boost the overseas operations of local banks, the central bank governor said yesterday. Samuel Hsieh told reporters that the central bank would
      Reuter  -  312 words
    • 698 4 SINGAPORE: Closed KUALA LUMPUR: The US dollar doeed at 2.8715/22 and the Singapore dollar at 138.89/137.00 yesterday. JAKARTA: The US dollar was fixed at 1774.00/1780 yesterday. HONGKONG: The US dollar yesterday doeed slightly firmer with trade quiet due to Singapore's National Day holiday, dealers said. "The dollar's tone
      698 words
    • 171 4 Gold futurM on August 8, 1969 100 bay I g 1 I s m Opaa Lav Mte *<• 347.10 347.40 >fr5 JB 344.30 ax w 3*7 JO 3*7JO 347JO 010 Oct 370.30 370.90 ***** 349JO >030 Ok 374J0 374.90 ***** 37X60 030 Hb 90 377.90 379.30 377.90
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    • 194 4 Reuter IMM CURRENCY FUTURES ended sharply higher on Tu—day. extending gains scored in Asia and Europe, traders said. Technical buying underpinned values throughout the session as nearby contracts punched through resistance areas. Although values briefly pulled back, sporadic buying pushed values towards seesion highs late. "There was some good
      Reuter  -  194 words
  • Page 4 Advertisements
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  • BANKING AND FINANCE
    • 485 5 Reuter THE PHILIPPINES was urged not to press too herd for debt reduction when it opened debt tsiks with its creditor bsnks in New York on Tuesday, or it may fail to win enough new money from them, Japanese bankers said.
      Reuter  -  485 words
    • 479 5 Reuter AUSTRALIA'S long term credit risk as- sessment is likely to be downgraded by Moody's Investors Service Inc this month, the second downgrading in less than three years, several economists iaid. "Any intelligent Martian not familiar with the Australian economy looking
      Reuter  -  479 words
    • 457 5 AP PRESIDENT George Bush is ordering his administration to gear up to close or merge hundreds of failed US savings and loan institutions as part of a multi-billion-dollar bailout of the industry. Mr Bush planned to sign into law
      AP  -  457 words
    • 235 5 Reuter THE COMMONWEALTH has agreed to put direct pressure on banks to impoae stringent repayment terms on US$l2 billion they are owed try South Africa. The action was agreed at a meeting in Canberra of eight Commonwealth foreign ministers grouped aa the
      Reuter  -  235 words
    • 240 5 Bernama THE ASIAN Development Bank (ADB) has approved a M $688,500 (U*****,000) technical assistance grant to Malaysis for the eetablishment of an Environmental Planning Section (EPS) in Selangor, an ADB statement said. The Selangor State Secretariat will be the executing agency for the
      Bernama  -  240 words
    • 217 5 Reuter THE UK OFFICE of Fair Trading has ruled that the Globex automated afterhours trading system developed by the Chicago Mercantile Exchange (CME) and Reuters Holdings pic will not significantly affect competition in the futures snd options market "Competition should, in the short term,
      Reuter  -  217 words
    • 494 5 Fraudulent futures trading case AP THE FIRST three traders arraigned on charges stemming from a probe of fraudulent trading at the world's largest futures exchanges entered guilty pleas on Tuesday. Two brothers Brian Sledz, 29, and James Sledz, 24 pleaded guilty to one count
      AP  -  494 words
  • Page 5 Advertisements
    • 153 5 Secure In the Knowledge Irs A Chubb In the underworld of petty thieves, burglars, safe-crackers, company break-ins, arson and organised crime, there is j something called "THE KNOWLEDGE". The Knowledge in knowing... What to go for... What's easy... How it works. And because they're in the know, these people leave
      153 words

  • ADVERTISING & MARKETING
    • 494 6  -  Observers see a rapidly over-shopped situation By SUZANNE SOH ALTHOUGH the retail industry is having it good these days, landlords on Orchard Road are spending more money, or at least just as much, to promote their shopping centres. This is contrary to the general thinking that
      494 words
    • 237 6  -  By SANGEETA MULCHAND TO MEET the increasingly stiff competition on Orchard Road, Wisma Development is planning a 1000,000 advertising and promotional blitz to relaunch Wisma Atria as a major fashion centre. The $450,000 print and media campaign from the end of next month
      237 words
    • 405 6  -  By SANGEETA MULCHAND FORMER Hill and Knowlton man. Colin Goddard, who racantly joined the Hongkong-baaed JMA Public Relationa, has set himaelf two years to build up tha amaller firm into a leading conaultancy in the region. "The JMA Group is about
      405 words
    • 460 6  -  By JOCELYN TOH THE CORA Jacobs boutique in Centrepoint shopping centre has shifted to another part of Orchard Road. It is now at Wisma Atria, paying a much higher rental and with less space to boot.
      460 words
    • 350 6 EVEN the brightest of stars has to be marketed if it is to sell. At least that's the view show biz marketing company Artswilliam is taking in spite of a series of disastrously attended concerts last year. Artswilliam, which brings in international artistes to perform
      350 words
    • 189 6 DELIFRANCE ASIA has renewed its contract with Dynasty Hotel for a further three years. The French pastry and bread outlet which has been at the high traffic area adjoining the hotel's cafe, has occupied the premises for the last three years. The contract was signed between the hotel's
      189 words
    • 286 6 TOO sensational. Or so was the verdict on Hitachi's Isstest advertising campaign, which it withdrew after running only once in Japan. "In discussions (of whether to run the ad) some suggested It would irritats the US, where people already fear Japan is leading in technology."
      286 words
  • Page 6 Advertisements

  • COMMODITIES
    • 193 7 THE KUALA LUMPUR Tin Martiet (KLTM) price recovered seven sen to M 524.57 a kg yesterday aa Tuseday's sharp fall attracted buying at the lower levels In quiet trading, brokers said. They said the rise was in line with steadinees in the London Metal Exchange (LME) and also
      193 words
    • 100 7 FAMA 15% 370 Qodng prtcos on August 8 365 340 Coconut oil (M$/100kg) 20% 347 N#w druns 136.00 23% 342 2nd hand drum* Mk 130.00 121.00 35% Broken Rice 337 Local In buflc 118.00 A-1 Supor 265 Copra (Ml/IOOkg) A-l Spodal 263 No 1 (ostato) 70.00 C-1 Spodal
      100 words
    • 172 7 London Commodity Exchange Buyer/Seller dosing prices on Aug 8 (£/tonne unless specified). Previous dosing prices in parenthesis. Coffee Bosh in-store London, sellers option OF London Sep 766/767 (773/775) High/Low 782/765 Nov 775/777 (780/782) High/Low 792/777 Sales (3963) Cocoa Sep 871/872 (876/877) High/Low 876/870 Dec 927/928 (930/932) High/Low 876/870
      172 words
    • 246 7 HONGKONG: Gold closed lower yesterday due to preesurs from s firmer US doilsr, dealers said. They said selling from Australian producers snd follow-through selling by European and local inveetors depreeeed the metal despite Taiwan's lifting of a tariff on gold imports. Although gold found support st US$3B4, negative
      246 words
    • 185 7 Reuter CBT SOYBEAN futures closed sharply lower on Tuesday. Their drop accelerated on aggressive commodity fund liquidation when several sell signals were trig-j gered, traders said. Dean Witter, Elders, Shearson Lehmann Hutton, Collins Rosenthal and local professional house were featured sellers after midday, traders said. Still, small deliveries and
      Reuter  -  185 words
    • 220 7 Reuter CBT SOFT RED winter wheat futures closed mostly lower on Tuesday Prices were unchanged in September at US$3.9l- to down 3-1/4 cents per bushel in new-crop July after trading in narrow rsnges. Nearbys were supported by export tenders. Tighter new-crop supplies now that the harvest is nearly complete,
      Reuter  -  220 words
    • 200 7 MALAYSIA: The rubber market cloeed easisr in quiet trsding as strong support from abroad rsmsined absent, brokers said. September SMR 20 buyer cloeed a sen lower at 203.50 sen a kg while September International Onee RSS buyer was down half a sen at 245.50. The inro daily market indicator
      200 words
    • 107 7 MRELB prices In M cmM B, FOB tn 1 Mm NOON CLOSE «n» 1 »SS S*p 89 ■vywrs 246 00 248.00N 245JO 247JON b* 2 KSS OF 238.50 239 JON 238.00 239.00N UK/Cont 237JO 238J0N 237.00 238.00N to 3 BSS Of 232.50 233.50N 232.00 233.00N UK/Com 231 JO 232.50N
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    • 434 7 Bernama Total o/p a* at 1100 hr* 5794 comroctt. Tnwwwri 821 la*. Mark** tanai Eorfar MALAYSIAN CHUM PALM (ML FUTURES closed lower yesterday in active trading amid bearish condition* on the Kuala Lumpur Commodity Exchange The market opened lower in line with the sharp tall on the CBT
      Bernama  -  434 words
    • 518 7 Reuter THE NEXT two to three weeks could be decisive for world oil prices, energy snalysts say. If crude oil values can survive that period without collapsing under the weight of excess production, stsble prices for the rest of the year
      Reuter  -  518 words
    • 239 7 Reuter JAPANESE REFINERS have been sharply cutting middle distillate imports in a bid to improve earnings which have been hit hard by higher import costs since the end of last year, traders and oil company officials said. Since July most of Japan s major
      Reuter  -  239 words
  • Page 7 Advertisements
    • 192 7 Improve Your Communication Skills! Effective communication is the key to business success. Let our specialists in the Business Communication Unit give you that competitive edge! Confidence in Speaking A course on correct pronunciation to help you speak with confidence and poise. Dates: 4 5 September 1989 9am-6pm) |g> Course Fee:
      192 words
    • 249 7 A legend in modern design: Movado® Museum® Watch. It was inspired by the group of international artists who developed the famous Bauhaus School in the *****. Simplicity, tastefulness, function was their dictum. And one of its purist expressions was the watch dial distinguished by a single dot, designed a decade
      249 words

  • PERSPECTIVE
    • 493 8 BUSINESS TIMES THURSDAY, AUGUST 10, 1989 HOSPITALITY Is becoming increasingly expensive these days. Local hotels have responded to the continuing tourist boom with two successive room-rate hikes this year. Partially, it is to make up for cuts undertaken during the recession years. More significantly, it is
      493 words
    • 1116 8  -  Just like the migration of Americans from the snow belt to the southern and southwestern sections of the United States, more and more Australians are heading for the sun. While other states are suffering from declining populations, Queensland, the Sunshine state, is attracting record
      1,116 words
    • 675 8 and the hope of Newcastle city AFP AUSTRALIA is soon to decide on which warship it wants to patrol the waters of the South Pacific and the Antarctic, and the coastal city of Newcastle is hanging its hopes on being chosen to deliver the best ship for the Job. Newcastle
      AFP  -  675 words
  • Page 8 Advertisements
    • 147 8 t (j E \fci icious, isn rt it? In business, you need to expand in order to succeed. But in order to expand you need the money that comes from success You have to pay your suppliers, but your clients don't pay you. It's a vicious circle we're very familiar
      147 words
    • 21 8 as r E! .-a ii w f^kij ia *$188.00+ mst* x i r.r f*fc 2ft wrm-m w>&. V HE. V w*%
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  • FOCUS
    • 512 9 Reuter CENTRAL American presidents have left Washington with few options by calling for the return home of a disbanded Nlcaraguan rebel force from base camps in Honduras by December 8, according to policy analysts. With the Contra rebels refusing to return
      Reuter  -  512 words
    • 486 9 Reuter NICARAQUAN Contra rebels, already weakened by cuts in US aid, face a tough battle to survive as a guerrilla force following a call by Central American presidents for their disbanding. "The Contras' death sentence has been signed," Nicaraguan President Daniel Ortega declared after returning
      Reuter  -  486 words
    • 202 9 Reuter THESE are details of a Central American plan for disbanding 12,000 Nicaraguan Contra rebels camped in Honduras, agreed by the five regional presidents on Monday. e Setting up an International Support and Verification Commission made up jointly from the United Nations and the Organisation
      Reuter  -  202 words
  • Page 9 Advertisements
    • 193 9 Al9lOO-F»-»11-¥1-7600 Future needs immediate response Flexible manufacturing makes for timely deliveries Fast changing market needs demand fast change-over from one production programme to the next. Only maximum flexibility on your part will achieve the higher productivity and shorter delivery times you require. The source of this flexibility? CIM computer integrated
      193 words
  • Page 9 Miscellaneous

  • LIFESTYLE
    • 522 10 ART NYT 5 FORTY-TWO WORKS of art collected by Paul Mellon, the 182-year-old art patron and !philanthropist, will be auctioned in sales in New York 1 and London in November that 'Christie's expects to bring in {more than US$lOO million. The art
      NYT  -  522 words
    • 1015 11 FILMS NYT HE LOOKED like a stereotypical bookkeeper who had wandered by mistake into a bordello, this round-shoul-dered, graying man with a paunch and a pipe, poking mildly around a room run amok with flocked red wallpaper, bright flowers and a picture collection numbingly
      NYT  -  1,015 words
    • 328 11 WAR RELICS AFP THE Enola Qay, the B-29 aircraft that dropped an atomic bomb on Hiroahima, sita in four piecaa at a hangar outaida Washington aa restorers tinker with it ahead of an exhibition tentatively planned for the 1960 a, officials said
      AFP  -  328 words
  • Page 10 Advertisements
    • 295 10 U#en? to entertain... Where tv entertain... Where tv entertain... Where tv 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 Westin Plaza Raffles CMy 2 Sumford Road, Singapore 0617. WESTIN hotels Resorts Taiwan Porridge for
      295 words
    • 106 10 The Prime Time, Joe Norman will entertain nightly with your favourite songs in Spanish. Japanese, Indonesian and etc. nightly from 7.30 p.m. to 12.30 a.m. WIMP ODUfVT HOTEiNo. 1 Tanglin Road Sirvgapofe 1024 Cafe-) Tempura jl/affin j 'Buffet Lunch Come and enjoy a value-for-money buffet lunch featuring a variety of
      106 words
    • 175 10 FASHIONABLY HYATT Join the fashion-conscious every Thursday and Friday! (3 6pm) in The Lounge. < Vt Watch our models parade the latest collections while you enjoy our tea spread consisting of fine tea blends, scones and cream, ftesh pastries, cakes and fruits and imaginative sandwiches. Tea plus, show at 11.50*
      175 words
    • 187 10 V, HOTEL LOBBY Hillside Lounge proudly presents... A dazzling display of talent from the Philippines STAR LIGHT > Come and let this versatile quartet entertain you with their rendition of popular hits, jazz, Country 6c Western favourites, the familiar sounds of the Beatles and The Platters, and of course the
      187 words
    • 155 10 J 6 PROVINCES ALL IN ONE SimNG Sli VI m LULU CI-I f Get a taste of Sichuan, Beijing, fkMUgS Guangdong Yunnan, [ungsu ifll/A and Shanghai all in a lunch buffet that's as long as the Great Wall. Tuck into Jiangsu Spicy 35th floor and Sour Shark's Fin Soup, Beijing
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  • Page 11 Advertisements
    • 178 11 entertain.. Happy Homes In The Paek. Our early evening Happy Hoard at The Fountain Lounge art simply delightful. For every drink you order you get the next one free. Phut, you get 25% off bottle purchase*. And to make Mire you're totally happy, there's great music to listen to. Happy
      178 words
  • Page 11 Miscellaneous
    • 650 11 26 27 CRYPTIC PUZZLE ACROSS 1 Lots of ways to get a snooze (6) 7 Like a detective, say, with atrange charm and mien (8) 8 Figure a politician to make difficult progress (4) 10 Safe accommodation (6) 11 We're short of space here for a ball (6) 14 Rubbish
      650 words
    • 1313 11 Comic love triangle c. <- y, i j 2 1 Cheey Cheee (centre) and OoMte I OUR CHOICE SEEMS LIKE OLO TIMES, 10.35pm, SBC 5 Chevy Chase and Qoldie Hewn partner up in another inane but entertaining movie. Baaed on a Neil Simon comedy with Chase aa a down-and-out who
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  • SPORTS
    • 476 12 GOLF AFP TWO OF the world's dominant players over the past 10 years, Australian Greg Norman and Spain's Seve Ballesteros, will close out a decade of competition in Illinois this week at the 71st PGA Championship. The final major of the 1980s will feature many plots
      AFP  -  476 words
    • 328 12 AP AH INTERNATIONAL golf body hat been formed to seek a place fo£ the sport in the Olympics for th« first time since 1904, officials in London said on Tuesday. An application was made in February to include golf as a
      AP  -  328 words
    • 393 12 CRICKET AFP LANCASHIRE'S Phil DeFreitas and Roland Butcher of Middlesex, the two black players in England's "rebel" cricket party to tour South Africa in January, have pulled out of the squad. In a statement, issued through his solicitors, DeFreitas said that the publicity which followed last
      AFP  -  393 words
    • 257 12 AFP SOMERSET OPENER Peter Roebuck emerged on Tuesday as a clear contender for the tour to the West Indies when he was asked to lead an England team on next week's short tour of the Netherlands. Roebuck's appointment could even indicate that the England selectors are
      AFP  -  257 words
    • 119 12 AFP A YEAR'S ban on six top players has split Indian cricket and raised fears of a damaging confrontation between the game's rulers and the Test team. The Board of Control for Cricket in India drew fire from the press on Tuesday for the ban which skimmed
      AFP  -  119 words
    • 327 12 BOXING Reuter WHEN ROBERTO DURAN stepe into the ring for a long-awaited rematch with Sugar Ray Leonard, he will also settle a score with another hard-hitting opponent the US Internal Revenue Service. Duran, who is looking for revenge after his humiliating "No Mas'' loss
      Reuter  -  327 words
    • 115 12 AP A HAND INJURY has forced former heavyweight champion George Foreman to pull out of his Aug 17 fight against Michael Greer in Las Vegas, the USA Network in New York said on Tuesday. The network had planned to televise the bout. Spokesman Leslie
      AP  -  115 words
    • 228 12 YACHTING AP DENMARK and Britain battled for the lead in the Admiral's Cup regatta on Tuesday as their yachts neared the halfway point in the Fastnet Race, while the US team was third and closing the gap behind the leaders. Britain's 53-point advantage entering the
      AP  -  228 words
    • 492 12 TENNIS AP FIFTH-SEEDED Jay Berger outlasted qualifier Michael Robertson 6-3, 6-3 on Tuesday night in a battle of hard-hitting baseliners at the U*****,500 US Hardcourts tournament in Indianapolis. Andrew Sznajder of Canada, playing in his third major tournament of the summer, upset No 7
      AP  -  492 words
    • 166 12 AP FOURTH-SEEDED Pam Shriver, fifth-seeded Mary Joe Fernandez and seventh-seeded Hana Mandlikova scored straight-set victories at the US$3OO,OOO Virginia Slims of Los Angeles women's tennis tournament on Tuesday. In second round play, Shriver beat Stacey Martin 6-2, 6-4; Fernandez topped Elizabeth Smylie of
      AP  -  166 words
    • 418 12 AP TOP-SEEDED Michael Chang overcame second-set returning woes to scors a 6-1, 3-6, 6-3 victory over Scott Warner in the opening round of the U*****,000 Swiss Army Knife Open in New Jersey on Tuesday night. Chang, the French Open winner and the fifth-ranked player in
      AP  -  418 words
    • 267 12 ATHLETICS AFP SEBASTIAN COE and Steve Ovett could have their longawaited first clash on a British track at the Commonwealth trials in Birmingham this weekend. Coe told AAA genersl secretary Mike Farrell that he would be running the 1,500 metres heats on
      AFP  -  267 words
    • 122 12 AP BRITISH JAVELIN thrower Steve Buckley was the surprise best performer at the 12th Hungalu Cup Grand Prix track and field meeting in Budapest on Tuesday. Buckley threw 85.86 metres to win the event. It was the second longest throw in the current season. Six of the
      AP  -  122 words

  • KLSE
    • 3603 13 MBT SHARE PRICES on the Kuala Lumpur stock market continued to rally ahead as investors continued their buying spree In active trading yeeterday. Oeapite the stronger sentiment, the New Straits Times industrial ordinary share index dipped 0.5 point to end the day at 2,350.77. The index
      MBT  -  3,603 words
    • 491 13 Bernama NEWCO, the new investment holding company set up to take over Landmarks Holdings Bhd in a reconstruction scheme, is to acquire a 75.2 per cent interest in Saujana Resort (M) Bhd after Saujana's restructuring. In a statement yesterday, Landmarks, on behalf of
      Bernama  -  491 words
    • 268 13 MBT PETRONAS senior vice-president Mursd Hsshim (mbovm) has retired sfter completing hie fiveyear contract on July 31. He has ssrved Malaysia s nstionsl oil corporation for 14 years. Chairman Tan Sri Basir Ismail ssid Pstronss has yet to shortlist anybody for the post. He wss speaking
      MBT  -  268 words
    • 559 13 MBT MALAYSIAN telecommunications equipment supplier Sapurs Holding msy seek a listing on the Kuala Lumpur Stock Exchange in the future to raise more funds for rsssarch and development, export promotion and the acquisition of new technology in telecommunications. In
      MBT  -  559 words
    • 293 13 MBT THE SALE of Con naught Housing Development (CHD) by Universal Cable (M), which will be restructured, would snabls the company to concentrate on its cors business of manufacturing siectrical wirss and cables snd sever onerous finsncisl commitments in
      MBT  -  293 words
    • 280 13 Bernama MALAYSIAN businessmen were invited to take over hundreds of enterprises owned by the Philippines in that country, its ambassador to Malaysis Rodolfo Severi no said yesterday. He said the Philippines government had inherited hundreds of enterprises, ranging from hotels to textiles factories,
      Bernama  -  280 words
    • 481 13 CwilK El ••4M Date Totel tor Totel tar pOyMW* date dOM Ml* 1 yoor M yoor Ate* Htdgs 4%W Aug 29 S*p 8 Sap 26 4% 4% Awfcno I0%TE» Oct 14 Oct 24 Nov IS 10%TE 25%TE B Sambawong 35%W Jul 21 Aug 2 Aug 14 35% tad
      481 words

  • REGIONAL MARKETS
    • 396 14 Reuter SOUTH KOREA looks set to take over if Japan trading giant Mitsui and Company Limited withdraws from a stalled multi-billion dollar petrochemical project in Iran. Mitsui has said it wants to call the Iran-Japan Petrochemical Company (UPC) joint project
      Reuter  -  396 words
    • 112 14 AP SOUTH KOREAN companies are moving production facilities overseas to avoid higher wages and labour disputes at home, a report said yesterday. A survey of SO companies moving production overseas found that 70 per cent were motivated primarily by cutting costs, said the gov-ernment-funded
      AP  -  112 words
    • 400 14 AFP JAPANESE efforts to develop an ultra-high speed trsin are accelerating but technical and financial hurdles to commercial operation still remain, officials and railway industry sources say. The Transport Ministry says it will build a track at least 40 km long west of
      AFP  -  400 words
    • 371 14 Reuter NEW ZEALAND'S largest newspaper publisher Independent Newspapers Ltd (INL) said its 40.5 per cent owner News Ltd would boost its stake to 50 per cent after INL discovered an unnamed party had a 5 per cent to 10 per cent stake
      Reuter  -  371 words
    • 128 14 NYT ORIX CORP, a major Japanese consumer credit and leasing company, said on Tuesday it has agreed to pay US$l9O million for Commercial Alliance Corp, a New York-based firm that leases construction equipment Orix is buying the firm from its Los Angeles-based
      NYT  -  128 words
    • 105 14 Reuter MITSUBISHI Petrochemical Co Ltd, Japan's leading ethylene maker, has won agreement from its buyers to retroactively raise the price of ethylene to 98.6 yen per kg for the AprilJune quarter from 91.2 yen in the previous quarter, a company spokesman said. The April-June
      Reuter  -  105 words
    • 88 14 Reuter LION NATHAN Ltd said in a statement The Coca-Cola Co had approved Lion's sale of soft drinks manufacturer Oasis Industries Ltd to a joint venture between C-C Bottlers Adelaide Ltd and Coca-Cola. Lion announced the NZ$226 million deal, which was subject to Coca-Cola approval,
      Reuter  -  88 words
    • 451 14 Tokyo Reuter FINANCIAL sharss on the Tokyo market yestsrdsy soar ad. pertly on a forsign broker's buy progrsm targeting financials in ths first section, but oversll shers prices wers sluggish until futures-related buying knocked them broedly higher at the cloee. Volume wss thin, typical of the summer
      Reuter  -  451 words
    • Article, Illustration
      199 14 Australia Reuter AUSTRALIAN shares yesterday cloeed lower after profit-takers took advantage of the market's recent strong run. Ths All Ordinariee Index cloeed 4.1 points lowsr at 1606.3. Dealers said that despits the market's fall, it held up fairly well In the face of some sggrssslve selling. "The market
      Reuter  -  199 words
    • 1203 14 Hongkong Reuter HONGKONG'S Hang Swig Index yesterday ended en uneventful dey 19.37 points higher at 2,627.31 after an expected major corporate announcement failed to material lee. fttfjum nne«eee« 1 otroog ovtfHil intotutional intereet underpinD6Q •wiurTWu ail oiy out profit-taking capped every advance. "All eyee
      Reuter  -  1,203 words
    • 169 14 PHILIPPINE shares yesterday ended mostly higher as Institutional buying boosted prices despite a fresh report of a doubledigit July inflation rste. "We are getting both local and foreign mutual funds into ths markst," Ramon Kabigting of First Pacific Securities Philippines said, sdding thst funds from Hongkong,
      169 words
    • 183 14 Reuter THAI stocks yestsrdsy closed mixed in active trade focueed on textiles, financials snd cements, with volstils prices indicating a lack of investor confidence. The SET Index gained 0.76 point to close at 625.03. Losses outnumbered gains 67 to 39. Most sctivsly traded were Royal Orchid Hotel,
      Reuter  -  183 words
    • 198 14 Reuter SEOUL stocks yesterday rallied in active trading as investors responded to government measures to inject money into the market to help ensure the successful listing of state-run Korea Electric Power Corp (Kepco) today. The composits index rose 8.77 points to close at 914.87. Turnover roee to
      Reuter  -  198 words
    • 468 14 Reuter THE Taiwan stock index yesterday dosed sharply lower as market rumours about underground inveetment houses sparked a run of profit-taking. The weighted index dropped 361.97 points, or 3.5 per cent, to end at 9,670.13 against Tusaday's 10,022.10 finish with turnover st NT5136.31 billion against
      Reuter  -  468 words
    • 106 14 Reuter LONG-EXPECTED profittaking finally hit the New Zealand ehare market yesterday, forcing the Barclays index back 12.11 points to 2,247.74. Dealers said the dip was inevitable after the market soared 295 points over the past six days and they generally expect further profit-taking today. "A lot
      Reuter  -  106 words
    • 138 14 SHARE prices yesterday recovered broadly to finish sharply higher on heavy buying by state-owned investment trusts after a cautious opening. The market over the past two days has been hit by panic following reports of a payment default on the Calcutta Stock Exchange. "The Institutional buying helped
      138 words
  • Page 14 Advertisements
    • 500 14 Nonces OFFICIAL We, Blntang 11m Shipping Pte Ltd of 11 Keppel Road, #M-06A Keppel House. Singapore 0308, hereby gl ve notloe that in consequence of the intended purchase of the Motor ship "UMUDA CHIEF", have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant Shipping Aot
      500 words

  • WORLD MARKETS
    • 730 15 New York Reuter PROFIT-TAKING on Tuesday hampered gains in the US stock market, but blue chipe managed to eke out a small gain to close a touch below a resistance area at 2700. Transportation stocks were once again in the limelight, as takeover fever drew
      Reuter  -  730 words
    • 911 15 London Reuter SHARE prices yesterday opened mixed in quiet trading against a background of small gains on Wall Street. Dealers said market makers marked prices lower in early business. Substantial selling interest did not emerge despite modest profit-taking, and prices mostly retraced their stepe. "The
      Reuter  -  911 words
    • 1148 15 Reuter MILAN; ITALIAN shares yesterday maintained earlier gains as the MIB index climbed five points, or 0.42 per cent, to a new 1969 high of 1,185 in an active trading session. Brokers said strong demand for food, insurance and chemicals stocks helped lift the market. Blue chip
      Reuter  -  1,148 words
    • 322 15 NYT THE SHARES of the UAL Corp, parent company of United Airlines, jumped again on Tuesday rising US$6.5O, to close at U*****.25 in advance of a meeting yesterday at which UAL directors were expected to consider a takeover offer from Marvin Davis. The
      NYT  -  322 words
    • 291 15 FT PLANS to simplify the much-criticised system for regulsting the finsncial services industry in the UK have been unveiled by the Securities snd Investments Board. The propoeal marked an attempt to replace the existing overcomplex snd costly system, said ths SIB, the UK's
      FT  -  291 words
    • 327 15 NYT FREDERICK A WANG, president of the beleaguered Wang Laboratories Inc, resigned on Tuesday, returning the reins of the company to his ailing father, An Wang. The move renewed speculation on Wall Street that the family that effectively controls the office
      NYT  -  327 words
    • 469 15 NYT SIR James Goldsmith offered on Tuesday to place the American insurance operations of BAT Industries under the control of an independent trust if the investor group he heads succeeds in its US$2l-billion bid for the company. The proposal is an effort
      NYT  -  469 words
    • 362 15 FT SUEZ, the French banking and investment group, has declared war on Its partners in the Victoire insurance group by launching a FFrl9.5 billion (US$3.l billion) takeover bid for Compagnie Induatrialle, Victoire's key shareholder. The bid, If successful, would be followed by s bid
      FT  -  362 words
  • Page 15 Advertisements
    • 535 15 THE BANK OF EAST ASIA, LIMITED INTERIM REPORT 1989 The Directors of The Bank of East Asia, Limited announce that the unaudited consolidated profit after providing for taxation md after making transfers to inner reserves for the six month period ended 30th June, 1989 amounted to HK590,223,000, representing an increase
      535 words

  • 392 16  -  JOINT VENTURE IS NOW THIRD LARGEST PRINTER IN HONGKONG By FOO CHOY PENG BARELY HALF a year after its official opening, a joint venture between Times Publishing Ltd and a Swiss company is planning to put aside HKS3O million to expand its Hongkong
    392 words
  • 456 16 AFP INDONESIA has cautioned Singapore about the dangers of drawing foreign powers into the region following the offer to provide military facilities to the United States, and Vietnam has condemned it as "dangerous". A senior Indonesian presidential palace official said yesterday
    AFP  -  456 words
  • 373 16 Reuter THE American embassy in Seoul has warned US companies to tread carefully around South Korean firms trying to start business with Vietnam and North Korea. Under the Trading with the Enemy Act established to use economic means to
    Reuter  -  373 words
  • 518 16 Agencies TOSHIKI KAIFU. who became Japan's 48th prime minister yesterday after an embarrassing delay caused by the opposition, faces more problems in getting his policies through parliament than any Japanese leader in the past 34 years. The 58-year-old Mr Kaifu
    Agencies  -  518 words
  • 260 16 AP FERDINAND MARCOS' former prime minister has agreed to testify against his former boss in a US court where the ousted president and his wife face charges of embezzling millions from the Philippine treasury. Philippine Justice Secretary Sedfrey Ordonez said yesterday that the offer
    AP  -  260 words
  • 194 16 Reuter MILITARY AUTHORITIES extending a crackdown on dissent have set up six more martial law tribunals with draconian powers in north-western Burma, said diplomats in Bangkok yesterday. State-run radio, monitored in Bangkok, said the tribunals were set up on July 24. Five similar courts
    Reuter  -  194 words
  • 336 16 Reuter MALAYSIAN palm oil producers and the American soybean growers have decided to halt s bitter feud over a US campaign that said palm-oil consumption csuses heart disease. Both aidea have agreed to atop portraying competing products in s negative
    Reuter  -  336 words
  • 181 16 AFP A SINGAPORE company has won a tender to buy US$6.7 million worth of molasses from Fiji, the Fiji Sugar Marketing company in Suva said yesterday. Managing director John May said that under the agreement, Kwofc Singapore Ltd would buy up to 160,000 tonnes
    AFP  -  181 words
  • 405 16  -  By SHOEB KAGDA SINGAPORE COMPANIES are discovering that Pakistan is proving to be a fertile ground for Joint-venture opportunities. In the I sis st businsss venture, locally-based Langbrklge Associates has been appointed as project managers for a $15 million shipyard project to be est up
    405 words
  • 418 16 Bernama PRESIDENT Suharto yesterday said he was pleased that the friendly ties between Malaysia and Indonesia were improving especially when the countriee were going through a "generation transition". Ho said the doee ttee baaed on similar traditions, social, cultural and generic
    Bernama  -  418 words
  • 82 16 Reuter COMEX GOLD futurss slipped briefly below Tueeday'a lowa early yeaterday on aelling againat a firmer dollar before they ateadied on dealer buying. December gold recovered to U*****.60 an ounce, holding a net loea of US$l.OO following a retreat to U*****.70. Comex silver futurss recovered to
    Reuter  -  82 words
  • LATE FILE
    • 81 16 AFP A Don infMyc i r i fVLIr r OWMIW inVOoir gativs team yaatarday called for the filing of criminal charges against Local Qoveromants Secretary Luia Samoa for miauaa of government funds and proparty. Sanata blua ribbon committee chairman TaoAato Quingona aakj Mr Samoa vioiaiad a
      AFP  -  81 words
    • 55 16 AFP TAIWAN put into affact yaatarday Its wideet-ranging tariff cuts avar whila lifting tha import tax on gold. Tha duty raductiona would bring tha real avaraga tariff rata down to 4.7 par cant from 6.7 par cant and affact 61 par cant of importad goods,
      AFP  -  55 words
    • 52 16 AFP FORMER Hongkong Slock Exchange boat Ronald U was releaaed by a magistrate yeetorday on bail of HKSIOO (US$l2.BO). Magistrals Warnsr Banks said ths nominal bail was rsquirsd sines Mr Li's original bail terms of HK$l2 million (USSI.S3 million) had been transferred to the High
      AFP  -  52 words
    • 56 16 Reuter VIETNAM said yesterday no settlement by wsrrlng Cambodian factions would be poesible until foreign interference in the conflict ended. Hanoi Radio, monitored in Bangkok, quoted Foreign minister Nguyen Co Thach as saying that "a mschanism tor national reconciliation in Cambodia can only be established
      Reuter  -  56 words
    • 61 16 Reuter THE Soviet Union saM yeeterday that a superpower agreement limiting nucleer test explosions was poeaibie this year but the United Stales had to take decietona more quickly.'The decietone. at leeat with regard to our talks, are in our opinion being token too slowly in
      Reuter  -  61 words
    • 35 16 Bernama THE Democratic Action Party nas 06C106Q not to contest in the Teruntum by-election becauee it wanted to concentrate Its reeources in msking preparationa for the next general electione. Berna-
      Bernama  -  35 words
    • 66 16 AP DEPARTURE delays at European airports hit an all-time high in June with nearly one flight in three delayed for more than 15 minutes, the Association of European Airlines said. The AEA said in a statement that the delays were largely caused by "major
      AP  -  66 words
  • Page 16 Advertisements
    • 44 16 EVERYTHING YOU NEED IN A LUXURIOUS OFFICE for the price of a room! WORLD-WIDE BUSINESS CENTRES (S) PTE LID 111-04/06 peninsula Plaza, Tel: *****69 Complete facilities telex fax, copier word processing secretarial services, conference room answering service long snort term lease vou name it'
      44 words
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      100 words

  • SHIPPING TIMES
    • PORTSIDES
      • 73 17 Reuter NEW ZEALAND DOCKWORKERS are planning their first major strike for nearly 20 years, a union leader said yeeterday. ''There's every possibility there will be a closure of ail ports... either this week or next week," Waterside Federation general secretary Sam Jennings said in Wellington.
        Reuter  -  73 words
      • 102 17 Reuter FINNISH ENGINEERING and forest industry group Rauma-Repoia OY expects to reduce its losses on shipbuilding to less than 100 million markka this year and may eradicate them completely next year. Group senior executive vice-president Heikki Hakala said in Helsinki on Tuesday that loeses
        Reuter  -  102 words
      • 38 17 Reuter THE KUWAIT PETROLEUM CORPORATION (KPC) entered the tanker market on Tuesday for one ultra large crude carrier from the Mideast Guff and one very large crude carrier from the Mediterranean, tanker brokers said. Router
        Reuter  -  38 words
      • 65 17 Reuter OMI CORP expects to gain about US$l7 million from the sale of a 64,740-dwt crude tanker and from the previously reported scheduled sale of a 138,000-dwt tanker. The company said in New York on Tuesday that the sale of the first ship would be included
        Reuter  -  65 words
      • 70 17 Reuter THE POSEIDON BREEZE, which ran aground off southern Sri Lanka on July 5 laden with 52,500 tonnes of grain, was refloated on Aug 1 after transferring part of its cargo of bulk wheat to other vessels, Lloyds Shipping Intelligence said. The 61,760-dwt ship, which was bound
        Reuter  -  70 words
      • 56 17 Reuter THE VENEZUELAN BULK CARRIER Saru Mwv was refloated on Aug 5 after running aground at Mile 132 on the Orinoco River in Venezuela four days previously, Lloyd's Shipping Intelligence Service said. The 23,150-dwt vessel, carrying a cargo of steel products, resumed its outbound voyage for
        Reuter  -  56 words
    • 180 17 Reuter SOUTH KOREA is negotiating with Iran over an US$BOO million contract to build 10 250,000-ton oil tankers, South Korean Energy Ministry officials said on Tuesday. Speaking in Seoul, they said the contract to build the tankers was part of a US$3 billion
      Reuter  -  180 words
    • 848 17 ABC Contoinerline XI 5 Accord Shpg vin 3/4 Arrow Unas XI 5 ANl in 1/2 A PC tin* VII 5 API V 3-5 Asa V 1 Australia Una VII 1 Balt-Canodo Una IX 4/5 Bolt-Oriant Una IX 4/5 Boitic Orient Shpg XI 4 Bangladesh Shpg VH 2
      848 words
    • 265 17 THE EFFECT of Japanese manufacturers moving offshore to South Korea is starting to show up on demand for shipping services. Over the past 12 months, the South Korean southbound trade has continued its growth in tandem with the country's spectacular economic
      265 words
    • 449 17  -  SCHEDULE OFFERS ROUND-VOYAGE TIME OF 15 DAYS By JEAN FOONG WEST ASIA Kontena Line (WAKL) will, from today, start a new regular container service between Singapore and Bangladeeh. Known as the Asian X-Press Container Line, the service would "bypass the inherent berth
      449 words
    • 331 17  -  By G DURAIRAJ KELANG CONTAINER TERMINAL has acquired a fleet of 12 straddle carriers at a cost of M 516.2 million to beef up its lands ide container handling capability. The additional equipment, designed to cope with the surge in container throughput will
      331 words
    • 255 17  -  AL O LABITA JR THE PHILIPPINES will be able to build giant ship*, including some weighing 100,000 tonnes, in the next Ave yeers, says a Japaneee consultant assigned to Manila's Maritime Industry Authority (Marina). Tokuzo Watanabe, a technical consultant from the
      255 words
    • 830 18  -  Slew services introduced to meet demand ■y FLORENCE CHONG SHIPPING TRAFFIC from Asia into Australia has sssn strong growth, Issdlng to shortages of at times. Mr Charlss Schuttz, tha Australian National Line managsr for South-eaat Aala, says: "The trade between Auetralia and South-eaat Aaia experienced
      830 words
    • 497 18 INMARSAT has announced a new symbol to signify involvement with its global mobile satellite system. Known as the Inmarsat Partnership Mark (IPM), the three-element symbol will be available for use by Inmarsat's member signatory organisations, earth station operators, other service providers, airline, shipping and land transport
      497 words
    • 475 18 Aug 14-26 Manila-based Asian Institute of Manaliment (AIM) will conduct its third sea transport covrse for Asia's maritime managers. The course, deigned for those involved in the management of stypping companies and maritime operations, will Impart a comprehensive and critical managerial of the international merchant shipping as affected
      475 words
    • 605 18 Fairplay AMERICAN BTOCK EXCHANGEIisted MC Shipping Inc. a hybrid ahipping fund company eatabliahed by intereata associated with Monaco'a Vlaaov group (V Shipa) earlier thia year, haa completed its initial acquiaition of tonnage with the purchaaa of Its eighth ahip. Since raiaing around UBs46 million
      Fairplay  -  605 words
    • 1812 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Strip Voy Arrival Transtaln er Schedules Blk Op Qdn Dais /Time Time Froi m Time To Booking Gats Al 'hailltlrfl m noov 2300 KVI74S Kyi845 Doc tm 2 Q3 00 KM 11/0013 11/0044 NA 2 Al Wo/be 44A
      1,812 words
    • 176 19 THE UK-BASED Ben Line Group has reached an in-principle agreement to take a majority interest in another British company, Killick Martin Co. The agreement is subject to finalising certain unspecified details. Both companies have stated their commitment to maintaining Killick Martin's
      176 words
    • 992 19 FAIRLY QUIET chartering conditions continued on the single voyage dry cargo market on Tuesday and freight rates showed little movement brokers said. Two grain cargoes were covered from the US Gulf to Japan at U5522.75 and $23. and although slightly below the recent reported level of $23.25 the
      992 words
    • 4415 26 AANNUS Haldoltorg E«praoa. Trtol, Aug MM). Anno Maorak. Moorak Una. Aug Ift Noraolo Al Monooorok. NorooH Una. Aug It. VMM Bo Nogamo. CM 0 AlkoMmonL Aug 12 Ming Qalaiy Yang Ming. Aug It Evar OMamy. Evargraan. Aug tt. Nad Daflma ScanOutcfil. Aus M
      4,415 words
  • Page 17 Advertisements
    • 15 17 r itwbtiiw®! l IMOMS A lively way with words Atmtabh at good bookthopt Fadwal Publication* ({>)(>[~&@\:"|,&%&,>"@?[|~{!><$
      15 words
    • 17 17 Lines and services represented by Members of the Registry of Accredited Shipping Agents. Singapore National Shipping Association.
      17 words
    • 245 17 SNIP LASHING MATERIALS miiii > —r liyv iwQ SiV\KISNG SMALL THINKING l Watson I P Industries Linden Industries s* Oiwmi in»M«rn Fokkm ■Vvwn#' ttawtri Cw» ii* Ttxor Own hgM tc® Ca»»i»ti«> »T»»e armf r» WE'LL DELIVER To Your Home Or Office AT NO EXTRA SINGAPORE BUSINESS gives you the newest
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    • 90 17 New services to meet demand THE BIG DEMAND for shipping services between Australia and South-east Asia has apawnsd several now services, with most of them sailing from smaller ports in Australia during ths year. PAQEH MC buys eighth ship AMERICAN STOCK Exchange-iisisd MC Shipping Inc has completed its initial acquisition
      90 words


  • Page 19 Advertisements
    • 1175 19 OOCL Indicated K» C>"oli»y Svrvu c JAROINE SHIPPING AGENCIES 200 Cantonment Road #12 05 South point, Singapore 0208 Tel *****11 TELEX NO RS ***** TERMINAL/CFS Tel *****18 220 BOOKINGS Tel *****34 235 PCSAKA JARDINE SHIPPING AGENCIES SON BMO. PORT KELAN6 TEL *****18 Tote. No. MA*****/MA***** PENANG TEL *****4 TELEX NO
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    • 1201 19 MAERSK LINE DESTINATI E3[EICj3C~!IEMI'LT! ■rnMf7^ranrr»| ir.Mii/ F C I ll' 'IB' 1 M 4* M 7* M 1M IM 1M M 11/* 1M IM IM IM 2M 2M IM IM 2M 21/9 2M 2M 27* 2M 2M 2M 27* 2M 3M *10 4/10 *10 3OT 2/10 4/10 *10 7/10 10/10
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  • Page 20 Advertisements
    • 599 20 u Hapag-Lloyd CONTAINER SERVICE TO UK/CONTINENT KOWLOON BAY ALASKA MARU MONTE ROSA LARGS BAY CITY OF EDINBURGH LONOON EXPRESS KASUQA 1 BONN EXPRESS CARMAN BAY "...J ',M'l P KELANO SOUTHAMPTON ALSO ACCEPTING CAMO TO: AU UK INLAND KSTINAT BELFAST, DUBLIN. COPENHAGEN, AARHUS, WTXNBUM. MALMO, HELSINKI. CARIBBEAN 1 AMERICA CONTAINER SERVICE
      599 words
    • 425 20 TTTc COLUMBUS LINE REEDEREI GMBH l A Sf H VIC E Of HAMBUHC. SUDi T EXPRESS SEMI CONTAINER SERVICE TO m 'V'fcM! (ASIA-SOUTH PACIFIC JOINT SERVICE) SPOftE COLUMBUS NIUGINI MS 17* Port Moroofcy. I*. bM, AJ MORAVIAN* VUS V» Nrt fcrrt), La*. Mnl Accepting LCI cargo for main ports discharge
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    • 762 20 REGULAR INDEPENDENT FULL CONTAINER SERVICE TO EUROPE (VU FEEDER) KN PKL SIN rue HAM ME NORASIA AL-HANSOM AM M2O-3 M 10/1 13/1 5/9 7/9 M JAPAN SEA mw 14/8 UP 1M 12/9 14/9 15/9 NORASIA SUN MZ2-3 23/1 24* 2S#§ 19/9 21/9 22/9 NORASIA PEARL VWZ3-3 25/8 30/1 1/9 M/
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  • Page 21 Advertisements
    • 1025 21 Steamers Maritime Holdings Ltd L 2 [CO P&O Containers STRAITS SHIPPING ON TAIMER SERVICE TO UK CONTINENT: rpn P Klmg rtm H'targ nml'ta Lak ua w an m m W UK W W If) W W u* uji Kfl v/t m an on m/s L 2/1 149 14* un i«*
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    • 907 21 Hai Sun Hup Co (Pt< r :d N! i I STRAITS/ JAPAN/ STMITS SERVICE PECIALIST IN RO-RO HEAVY LI VESSEL COSMIC SOU SOU KOGGEGRACHT TRADER MATSUYAMA KOCHI VOY. NO. 1 79 74 4 Sport SaiM 270 90 7/1 P. Mm| Sailed 300 12/9 100 190 I*o 310 NOTE: ALSO CALLING
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  • Page 22 Advertisements
    • 518 22 n SINOSE MARITIME PTE LTD ISLAMIC REPUBLIC OF IRAN SHIPPING LINES KYOWA LINE MTROOUCMQ KYOWA PAST DIRECT B/BUUC/CONTAMmT •WW* FROM SVOME/PK TO GUAM/SAMAN AMD ETA SPORE LOAD FOR: ySffEZESSSE mMamo UIWO TRANSIT TIME FROM S TORE TO CUAM/SAIPAN AROUND U (MVS ONLY FOR ENQUIRIES/FREIGHT RATES ETC PLEASE CALL TEL: *****44
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    • 562 22 HANJIN SHIPPING «r full container service TO EUROPE VIA SUEZ NANJI* IE HAVRE TO FAR EAST PORTS HANJIN L HAVRE M QUEEN'S WAT RRIOCt CHOYAN6 PARK «H TV! Z2M 2M ad Sfl llfi Ufi FROM EUROPE VIA SUEZ VESSEL HO TO* I AC 21 KIMNTAN STORE LOAOINC FOR 23/1 DUBAI,
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    • 586 22 a EVERGREEN Round-The-World East Bound (FE/CARIB/USFC/FliRO/rr Round-The-World West Bound (FE/EURQ/USEC/CARIR/FF lnv myc v .i EVER GLEEFUL EVER GOOOC EVU GLAMOUR I. 1 1 u I 1 il US WEST COAST OUTBOUND INBOUND m w rn m um i ii -u h* p* mi on Vso Acaniw ujkc to i) n
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  • Page 23 Advertisements
    • 417 23 PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES Tf n a <? .*i>i. V -x-y M mi m CONVENTIONAL/SEMI-CONTAINER SERVICES m rr S 5 m. X '".7 -v EI 71 <* DCSTMAHON M FORT 1M 14JB 21 It MUAAA/LABUAM/KOTA MUARA/LABUAN/KOTA MUARA/LABUAN/KOTA MUARA/LABUAN/KOTA MALAYSIA
      417 words
    • 353 23 \a BEN LIKE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT n» MB im ■b «b m m x s O* op ap m m m m m v» urn EXPRESS CONTAINER SERVICE FROM UK/CONTINENT TASMAN ASIA SHIPPING NEW CALEIINIA, FUI AND ■AM LME (TS) MB MMKA SUVA AA W TN TA
      353 words
    • 205 23 [accot inc c&wumo«uu., CMTAMOMD CAMO) u-m urn (AC&PMNG COtfyiNTIOHAi I CMTAMBN» CAMO) (ACCtrTIIK c£vMTK*Ut I COCTAMCKtKS CAMO) V.. t DJAKARTA LLOYD INDONESIAN NATIONAL LINE A MEMBER OF ANROt 11 'J 1 K.VMI.C lf.C=t-V I'll. b.i*l ftVLfl *1 'Aill HAKI'M- 'A IH A sDN BHD DJAKARTA LLOYD IMVS.F-'< A NATIONAL L'NF
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    • 256 23 SHIPPING AGENCIES MYANMA FIVE STAR UWE (Burmese National Line) Loading for Rangoon S port P.fotanf Pmmi Bm THE BANK LINE ITT7 A* CATHERINE N Up CLYDEBANK V2M 21* TAMAITAI SAMOA VMM 2*S FORTH BANK V2SN 13/ M otml am bdv) (ML A# B+C T«l mm NIGERIAN NATIONAI Worshipping LINE NIGERIA
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  • Page 24 Advertisements
    • 710 24 oocl faith OOCL FRIENDSHIP NEPTUNE JADE OOCL FORTUNE •wftoa n :wm* "i 1 EXPORT NEPTUNE TOPAZ OOCL HONOUR RHEIN BRIDGE •VIA FEEPER SEVEN SEAS BRIDGE HONGKONG CONTAINER RHEIN BRIDGE NUMBER BRIDGE FEEDER VESSEL ASM STAR K Kline k WVASAkI klSl k MS| I 1 I VOV INDO iw up m
      710 words
    • 569 24 EXPRESS CONTAINER SERVICE Ocfpfriu FCUfCL Container* Snppon P.lWm| Pw« U Mtftar FtMtar F«d» U Au| UA* Ikn 2 S*t 2S* f I (Oct ShU IS« R MM II Oct II Od ft 21 Nm IS Hw IS Nw ft INDIA EXPRESS CONTAINER SERVICE r r CCI /en Accepting ruL/fLL LOnVtintft
      569 words
    • 355 24 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD 11 N 71 Imimk ivtr SIMCAPOMC 010* Til SM3M (M LINCS) r». UUSO* STRAITS/P£RSJAN GULF SERVICE: fM f. Mm. Hmm OOUXR MVU MMManMMi MM twri aOUXN MA* (UfeMalrafe/Out* M« IS cam* and QAi TUN SIM TiMSm apt Aml ■mmmuihmp anis CHINA OCEAN SHIPPING
      355 words
    • 454 24 PHILI-ORIENT LINES PTE LTV I'D MEAT- OFFICE 1 08 ROB NS S POi .M'o Bi.liDlNG SiS j A POPf 'f.fi R5 :S';r PM'il F4J Fa i LCI EAST/FAI rnTTTVi 222C222 H—t^ysnrm 2 rrr T—**n vuraftLCinma urn, rsmum lbbi ITMJURT, ABERDEEN, IiNAMK I IrtUM. R'OAM. IQIfHRMfB •rn U—Ml' 1 Li: rTTT"T
      454 words

  • Page 25 Advertisements
    • 887 25 I NEK if SON Btf) Lumpy# Penan* .***** *****5 anm NEPTUNE ORIENT LINES LTD IMPORT EXPORT i 11) <rA I v:i in 35 vsl/voy tea 878 KG BGP MOTHER VBL/VOY t<VOB 11/08 N. Bride* 1W 17/08 18/08 N. Topaz 4W M/ 06 26/08 O. Honour 1W 31/08 01/08 R Bride*
      887 words
    • 124 25 .jV PAN OCEAN y/jN) SHIPPING COMPANY LTD REGULAR CONVENTIONAL SERVICES TO JAPAN'KORE A PORTS Spore BALISA AGENCY PTE LTD 80 Va r p a r aae Roac 3-0' 02 D a r *Aav p "544 7e>ie« ***** BA_ 5A Po r Book hqs T 3455"00 9 n es P.Kelang BAHTERA
      124 words
    • 23 25 gpjFREIGHT SERVICE! HONGKONG 18/8, 25/8 MELBOURNE, SYDNEY 19/8 BRISBANE, ADELAIDE 25/8 TEL: *****66 (8 lines) IJiW.il>;. J INTERNATIONAL FREIGHT FORWARDERS GUARANTEE WEEKLY CONSOL
      23 words
    • 820 25 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Tel: *****33 (15 Lines) Terminal Office: 120K241/2 Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** mSUti MAI TMOMC SNIPPING 127 PmgStrwl FW* Matey*. SYSTEM CO SON MO Mk JAYAPOH PENAIK. T* (******229*
      820 words

  • Page 26 Advertisements
    • 364 26 SINGAPORE SHIPPIN6 CORPORATION (PTE.) LTD. Til 225 6868 (34 Iocs) FAX *****39/*****76 THEX RS ***** A/B SSCMA. RS ***** A/B SSCAO r DSR-LINES l B OEUTFRACHT SEEREEDERE ROSTOCK 41 INTEGRATED CONTAINER SERVICE MEMBER Of EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE i\ 'I WIMMCA: ACCOTIM CAMO FOR UMASSft,
      364 words
    • 229 26 Th« complete Shipping List will bm pub- FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU VSL DELI I NOAH NASA JAVA LAMPUM JAYA PI NAM JAYA KtITA JAYA ABAM JAYA POMTA INT AN ETA ETD i»«w 13JJ9 IN PONT 30U9 17JJ9 11X8 13U9 IUJ9 In Port 12JJI ISU9
      229 words
    • 356 26 1U I. CONTAINER LINES 72» I Frt 3* a* Ii 4 I M r fm '-.i-'i v 11 iu« in m P.KELANG 3 SAILINGS A WEEK DASWANI Sdn Bhd Pkl (Tel: *****59) PENANG 2 SAILINGS A WEEK UL-1» llj JAKARTA 2 SAILINGS A WEEK PT Sarana Pewda Jkt get *****6)
      356 words
  • Page 26 Miscellaneous
    • 169 26 '1 V r ■Jf* Regional Weather >• >■■ «T' 1 M- < u 32 x i£. *71 fc 1 1 a i risus wk c\ SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7JOAJI. c/* Wnd fraction anltt ipttd <i knot* LEGEND R Thund«Vom, T««p«otw. •f. A 1 3m U<| Wmtw Wnd
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  • Page 27 Advertisements
    • 459 27 UNIPACIFIC TRADING AGENCY PTE. LTD. SINGAPORE TEL. *****22 FAX: *****76 C IRAQI LINE IRAQI STATt ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S'PORE LOADING FOR A. VSL 10It Iraq/Jjpan TMMUCH UU to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS UPTO AQABA S BAGHDAD KEFIR SPACE AVAILABLE UPTOAQABA LOADING CONTAINERS/CONVENTIONAL COO
      459 words
    • 297 27 fori RICHFIELD MARINE AGENCIES |S| PTE LTD jR Tfcl ***** 3J (10 I mev FAX *****15 Tt LE «S ***** RISMIP ,1 tmfM li' ACCEPTING Fa AND CONVENTIONAL rounua ita loaomq fom NCTIANCT m OMNMALAAM. MOMSAtA. OJMOUTi AWA«. MA—AIWA. WODMAH along th« routa workable on inducomont. rULLI vvnininwiow wn "I—.
      297 words
    • 516 27 SIGMA EXPRESS (S) PTE LTD x 37 TEL *****44 FAX *****75 ACCEPTING CARGOES FOR: BANGKOK 12/8 TOKYO/YOKO/KOBE LE HAVRE/HAMBURG .T 1 iW "1 < J J 17ft HM 11M 14H a 21« JAKARTA IliiW I M l/l ISA •n 44 jrTiTfrp m 2E rr A n GREAT ANDES SERVICE wwrr
      516 words
    • 110 27 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE i! i lcl/fcl acceptable TOR COMPETITIVE LCL RATI CONTACT AMWAR/JEYA CONTACT NMC TUJDUPAX HOC. :MR RORKRT OHI ANWAR Hamburg West Germany Tiger Line MOEPCNOAMT COMMON CARRER SERVICE SMOAPORE MADRAS SHUTTLE SINGAPORE —CALCUTTA SHUTTLE MV TIGER BAY, MV SUSAK MV CALABAR li
      110 words
    • 100 27 FARGO SHIP g REGULAR EXPRESS FCL LCL SERVICE ttt-' PORT KELANC (FCL ONLY) MKAITA (Fa ONLY) TOKYO, KOK, lUSAN (Fa ONLY) COLOMO (Fa ONLY) LLLI ILLi-'A'AH FARGO SHIPPING CO (P) LTD 19, Kappal Raod, #06-07 Jit Poh B«idM, S port 0208 Tit *****22, Fax: *****72, Cable FAR6OUNE #S ABC CONTAINERIZE
      100 words

  • Page 28 Advertisements
    • 520 28 II I A MERCHANT MARINE CO., LTD EASTBOUND TO USA to raw rr r~VI SIN NRfi UN OAK SU up vm mm mm mm \m *m um um vm am nm um nm mm mm mm am mm mm mm um mm mm mm mm am mm um um FULLY
      520 words
    • 187 28 /|\OEC CONTAINER FREIGHT Vf/SYSTEM (S) PTE. LTD. (AGENT FOR TOP NVOCC ORIENT EXPRESS CONTAINER CO LTD) Fixed Weekly Consol on ANERA Lines To All Points In USA via LA/LB SINGAPORE ETD LA/LB CHI NYC TO 10/8 4/9 S/9 13/9 17/8 11/9 1M 20/9 VHBI 24/8 17/9 21/9 25/8 31/9 23/9
      187 words
    • 412 28 JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST KMT KELANC KNAMC BANGKOK NOWC KOMC TOKYO MM MfiOTA YOKOHAMA OSAKA SRI LANKA/ INDIA EUROPE/ UK SOUTHAMPTON TUMMY REGULAR CONVENTIONAL SERVICE TO SWISS SHIPPING PTE LTD M Talok Blijpili Road MM*. Talok Himili
      412 words
    • 352 28 r Oi Mitsui OS K Lines Ltd a m EXPORTS TO PSW CONNECTING AT |TO double stack trails ua| kJ IUULiULIULI UiJlJLiLjrirTi U~IM ~l aucjrjuf"Mn»r-» ffnwrM umrjijoaciu r, i. it ilmi"l nnrannFiFin EXPORTS TO OTHER USA CANADA OUR NEW USA SERVICE CALU SINGAPORE DIRECT EVERY MONDAY IS Days 21 Days
      352 words