The Business Times, 22 August 1989

Microfilm: NL16694
Total Pages: 36
1 36 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES MCI (P) 45/12/88 TUESDAY, AUGUST 22, 1989 75 CENTS
    11 words
  • Article
    FINANCIAL NEWS SUMMARY
    246 1 Dow Jones up THE US stock market was mixed early yesterday in a quiet late-summer session. The Dow Jones average of 30 industrials slipped 5.88 in the first half hour of trading, but then recovered to show a 0.57-point gain at 2688.54 at 1430 GMT, one hour
    246 words
  • Article
    S'pore Technologies, IBM in computer services tie-up
    469 1  -  VENTURE SHOULD LEAD TO TRANSFER OF TECHNOLOGY By SANGEETA MULCHAND,JAYARAM MENON GOVERNMENT-OWNED Singapore Technologies has set up a joint-venture company with the world's largest computer company, International Business Machines, to market computer services, sources said. The move follows a similar tie-up with US
    469 words
  • Article
    SCS-Grumman clinches first major deal
    286 1  -  by JAYARAM MENON BARELY DAYS after forming a joint venture with US defence contractor Grumman, the gov-ernment-owned Singapore Computer Systems has announced that the new company has clinched its first major project. The project will see SCSGrumman Computer Systems do a feasibility study on introducing
    286 words
  • Article, Illustration
    Post-Crash high in Singapore and new record in Tokyo
    203 1 HONGKONG shares were hit by nervous trading yesterday in a day which saw other regional markets firming, with Singapore hitting a post-Crash high and Tokyo achieving a new record. In Singapore, the Straits Times Industrials Index gained 5.52 points in active
    203 words
  • Article
    Lock icon China wants to reschedule loans
    164 1 Reuter CHINA has asked Japanese banks and other foreign creditors to reschedule some of the syndicated loans they have made for tourism-related projects in China, particularly those for hotels, according to banking sources in Tokyo. The sources declined to specify the projects. But some said
    Reuter  -  164 words
  • Article, Illustration
    Lock icon Tax revenue jumped 27pc in first half to $4 billion
    541 1  -  By ZHOU MEI THE GOVERNMENT raked in over $4 billion in taxes during the first six months of this year, up 27 per cent from the corresponding period last year. Contribution of indirect taxes to total tax collection went up
    Source: Extracted from the Economic Survey of Singapore, Second Quarter 1989  -  541 words
  • Article
    Lock icon M'sian growth likely to be 8pc
    150 1 Bernama MALAYSIA'S real gross domestic product growth this year is likely to be sustained "at very close to 8 per cent", according to Bank Negara. In the second quarter, growth was at 8.0 per cent, the central bank said yesterday in a statement released
    Bernama  -  150 words
  • Article, Illustration
    Lock icon Sabah Chief Minister Pairin sacks his deputy from the state Cabinet
    453 1 Bernama SABAH Chief Minister Datuk Seri Joseph Pairin Kitingan yesterday sacked his deputy, Datuk Mark KOtiing, from the state Cabinet. The chief minister said in a statement that the Yang DiPertuan Negeri, Tun Haji Mohammad, had revoked the appointment
    Bernama  -  453 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      61 1 The World's Finest Photographic System. ZiitiovESTune THE NEW DISTANCE BALL i-V' f?&u 3 BPS r> cs ?>* r»s "C> "Ttthnkatty Superior OoH PrWwft" FLilly conforms to R&A and USGA rulings Bridgestone, one of the world's largest golf ball manufacturers with more than 50 years experience, introduces PRECEPT, the New Distance
      61 words
    • Advertisement
      Page 1 Advertisements Column 2
      195 1 Full report, PAGE 20 Regional mkts, PAGE 22 Editorial Comment: Thoughts from the heart European technology A renaissance Defence industry The Stealth bomber Bankruptcy Fewer cases Australian economy Fewer g'days ahead? ,14 Japanese business 6 Foreigners outdo locals .14 Finance 8 Tat Lee interim net profit up .15 Books 17
      195 words
    • Advertisement
      Page 1 Advertisements Column 3
      79 1 Nikon The World s Finest Pnotcgrapnic System Increase productivity with Brother laser and computer printers, word processors,electronic typewriters and facsimiles.; Visit our Middle Road Showroom or call 743-8000. Brother Business Machines Showroom *01 02 GSM Bonding (Ground Floor) 141 Mddteßoad Singaporeo7lB OS) 111-1000 Smgwce #02 08 Great Pacific Warehouse Bututßoad2
      79 words
Page thumbnail Page 2
  • HOME NEWS
    • Article
      Sharp drop in number of winding-up petitions
      531 2  -  By WILLIAM CHIA REFLECTING a buoyant economy, the number of petitions filed to wind up companies and the number of companies wound up in the first six months of the year fell sharply. The number of bankruptcy orders made in the first six
      531 words
    • Article
      Asean authorities discuss airport congestion
      174 2 ASEAN AIRPORTS should expand in tandem with the region's growth in air passenger and cargo traffic, in the view of Singapore's director-general of civil aviation. Opening a meeting of the Asean International Airports Association (AAA) yesterday. Mr Lim Hock San said air passenger traffic in
      174 words
    • Article
      Slowdown in Electronics expected to be uneven
      536 2  -  By JAYARAM MENON THE ELECTRONICS INDUSTRY is bracing itself for even slower growth for the rest of the year and in the year ahead But this slowdown is not going to be uniform, with companiaa in the semiconductor sector wary about the future
      536 words
    • Article
      Singapore wins bid to hold Chess Olympiad
      395 2  -  By DEXTER LEE THE CHESS OLYMPIAD is coming to town. Yes. Singapore will play host to nearty 800 chess players representing 128 national teams vying for the coveted Olympiad title In 1908 If not earlier. Dr Wong Yip Chong, president of the Singapore
      395 words
    • Article
      Talk on Aussie houses draws 200
      477 3  -  By LEE HAN SHIH IT WAS full capacity in the Pan Pacific Hotel ballroom yesterday as some 200 people turned up for a talk on buying houses in Australia arranged by the Jack Chia-MPH group. Bankers, lawyers and city professionals sat among casual-ly-dressed couples,
      477 words
    • Article, Illustration
      Mr Lee pays respects to Mrs Rajaratnam
      103 3 PRIME MINISTER Lee Kuan Yew paying his last respects yesterday at the funeral of the wife of former Cabinet Minister S Rajaratnam. Mrs Plroska Rajaratnam, 75, died last Friday. She had suffered respiratory failure due to pulmonary pneumonia. Besides the Prlfne Minister and
      103 words
    • Article
      TDB contest draws good response
      189 3 RESPONSE to this year's Young Designers Award Competition has been good. Altogether, 697 entries were submitted from 63 schools and institutions to the Trade Development Board, against 406 last year. Just over 400 submissions were received under Groups A and B (secondary schools, junior colleges
      189 words
    • Article
      Sentosa Development's GM tipped to take over reins of STPB
      320 3 THE HOTTEST NEWS in tourism circles is that Pek Hock Thiam, general manager of Sentosa Development Corporation (SDC), has been chosen as the new executive director of the Singapore Tourist Promotion Board (STPB). Sources say Mr Pek, who had previously
      320 words
    • Article, Illustration
      Phone rates among cheapest worldwide
      310 3  -  By SANGEETA MULCHAND INTERNATIONAL telephone and telex rates in Singapore are among the cheapest in the world today, and are comparable to those of the major financial centres in the world. IDD rates for outgoing calls from Singapore to Japan are 37 per cent cheaper
      310 words
    • Article
      Postal services at FairPrice
      139 3 SINGAPORE TELECOM is bringing postal services closer to its customers by teaming up with supermarkets and department stores to provide those services. To kick off, two NTUC FairPrice supermarkets in Queenstown and Bedok Reservoir will provide postal services with their own staff trained by Singapore Telecom.
      139 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      605 2 Get the capability of a computer in the size of a poc I?et hook. SHARP 3 7000 THE SHARP ELECTRONIC ORGANIZER IQ-7000 [®f! m m ~75> OFF ON wMMfI Wtfiw r"6gj" «*s;.ni- i CM.BO»P SC«sl£ 1 tuCJJi «V glSBlBtEB;' i I PH6P€ t fjVt j Wtf'.' I i BJW I
      605 words
    • Advertisement
      Page 2 Advertisements Column 2
      104 2 Steak o Set L r Fish unch ■*'< w A 4* Ya 3* J* A Set Lunch Menu $8.50+ a Mushroom Steak or Pork Chop Cider s Roast Chicken or Sambal Steak d Oxtail Stew or Chicken Cutlet ar Homemade Corn Beef or Pork Cutlet Pish ft Chips or Black
      104 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      88 2 Global tomporaturos on Aug 20 ////j Amlardam Alton* Auckland Bahrain Bangkok Barbados Ming Mrut Boigroda Barlln Barmuda Bogota Bctabam Bwmli Boanos Airos Cairo Calgary Coracas Chicago Coptmgan Dublin Frankfurt Ganava OUTLOOK: ptcM In to 7.30pm on Aug 21 at I' RaMaN Ms m»... 101 J Ra»ny day« »hia mth.. 11
      88 words
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      447 3 t rj \yx: ■',-ryacg/rrnpif. 11 i rjiwiMwi i i rw—in I -zrirrrci ha*-" .-jmJMss.il I LJ COMPAQ DESKPRO 386s COMPAQ PORTABLE 386 COMPAQ DESKPRO 386/33 The Compaq 386 line of personal computers. Think of it as a buffet for the power-hungry. COMPAQ DESKPRO 386/20e For every purchase from IJul. to
      447 words
Page thumbnail Page 4
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      302 4 IFYOUCANFMD WEIL GIVE YOU OURS FREE. It won't be easy to find a computer that offers you more than our new Wearnes Boldline M Series for less than our very reasonable price of 552,550. For starters no other computer has a built-in upgrade system on the motherboard, capable of expanding
      302 words
Page thumbnail Page 5
  • FOREIGN NEWS
    • Article
      Australia faces possible recession
      513 5  -  By FLORENCE CHONG THE AUSTRALIAN economy is sliding further into a possible recession, with the job market expected to tighten up over the next 12 months as business confidence declines. According to a quarterly business survey by the National Australia Bank and the Australian Chamber of
      513 words
    • Article
      Lock icon 'US sanctions poorly enforced'
      97 5 AFP AMERICAN trade sanctions imposed against South Africa nearly three years ago are not being fully enforced, the investigative arm of the US Congress says. The General Accounting Office reported that the State Department had failed to provide customs officials with a list of South African
      AFP  -  97 words
    • Article
      Lock icon NZ delays decision on Australasian frigate plan
      291 5 AFP NEW ZEALAND wants a better price from Australia before it agrees to buy any warships under the propoeed Anzac frigate project to construct up to 12 vessels for the two nations, Prime Minister Geoffrey Palmer said yesterday. Australian Defence Minister Kim Beazley
      AFP  -  291 words
    • Article
      Lock icon Sihanouk backs moves to drop 'genocide' from Paris talks
      195 5 AFP RESISTANCE LEADER Prince Norodom Sihanouk has backed moves to delete references by the international Cambodia conference in Paris to "genocide" by the Khmer Rouge in the late--*****. Three commissions set up by the conference are currently discussing a draft final
      AFP  -  195 words
    • Article, Illustration
      Lock icon Malaysia sets up body to develop industrial zones
      446 5 AIM TO LURE MORE HI-TECH VENTURES Bernama THE MALAYSIAN government set up an industrial sites supervisory committee last month to develop up-to-date industrial zones throughout the country, Deputy Prime Minister Ghafar Baba revealed on Sunday. It would identify suitable sites aimed at
      Bernama  -  446 words
    • Article
      Lock icon Colombo negotiating settlement with radicals
      395 5 AP SRI LANKA's government has begun talks with an array of radical groups to end violence associated with the two-year-old Sinhalese uprising. Prime Minister Dingiri Bands Wijetunga made this announcement on state-run television and radio on Sunday, saying that bloodletting in the once-peaceful island nation
      AP  -  395 words
    • Article
      Lock icon Fed report on open markets expected to reflect softer tone
      711 6 'JAPANESE STILL DISCRIMINATE BUT PROGRESS MADE' NYT AFTER A YEAR of modest concessions by the Japanese government and a difficult operating environment in Tokyo that has made profits scarce, Wall Street firms and members of Congress who had vigorously fought
      NYT  -  711 words
    • Article
      Lock icon Foreign direct investors in Japan do better than locals
      386 6 The Economist SUCCESSFUL foreign companies that manage to invest directly in Japan tend to do rather better on some measures than domestic firms. The Ministry of International Trade and Industry, in its most recent annual survey of foreign businesses in Japan,
      The Economist  -  386 words
    • Article
      Lock icon Japan overtakes US to become world's richest nation
      393 6 AP JAPAN became the world s richest nation on paper in 1967, surpassing the United States in national assets for the first time with U5543.7 trillion worth of land, factories, stocks and other wealth, a major Japanese economic newspaper said yesterday. The
      AP  -  393 words
    • Article
      Lock icon Hirohito's taxable estate: 1.9b yen of shares, deposits
      164 6 AFP JAPAN'S late Emperor Hirohito left a taxable estate of 1.869 billion yen (US$l3 million). Officials at the Kojimachi Tax Office in central Tokyo yesterday said most of the taxable estate of the late Emperor Hirohito, who died at the age of
      AFP  -  164 words
    • Article
      Lock icon German firm under probe for illegal exports
      143 6 AP FEDERAL prosecutors are investigating a West German company that allegedly bought sensitive US nuclear technology and shipped it to Pakistan and India, a US magazine has reported. The NTG Neue Technologien company of Gelnhausen has been under investigation for suspected illegal exports
      AP  -  143 words
    • Article
      Lock icon 5-day week threatens Omani cement exports
      154 6 AP OMANI cement exports are threatened by the start of a five-day working week that leaves the Gulf state only three days for doing business with the West, the state-controlled Oman Daily Observer reported on Sunday. The new five-day schedule introduced last month gives
      AP  -  154 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      213 5 Selecting the refined. A finishing touch before opening what may become the most grand hotel in Hong Kong. To create a new concept of luxury and elegance, we knew every special touch would demand extra That s whv the new Grand Hyatt has been carefully appointed to surpass all your
      213 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      51 5 Doonesbury V'li: Sag itm 4 AS ALUMS, I MUST INFORM THE BUYER THAT FEP&AL LAW REQUIRED THAT AMBASS>ADORS' $HOUL£U*m PO9X9? CiZAFVi S DEMONSTRATE? COMPETENCE..? J BY GARRY TRUDEAU SPLENUD. THE NEXT UH...0U1! POST FEATURES SUCH YOU PERB RESTAURANTS... BETCJHA! X /iP"V z* as y// 'v IBHI r SN» l>^— UJ.
      51 words
Page thumbnail Page 6
  • Article
    DAILY AIRCRAFT MOVEMENTS
    545 6 DEPARTURES Operator Sorvic* Local For numbor Km* UAL SU SIA GU UAL THA SIA iAL SIA iAL CAL SIA SIA MAS KAL SIA StA CAL SU CCA NWA SVA PAL SU MAS MAS SU TtY SU CAL CPA SU MAS SAW GU SU GU MA CLT QFA
    545 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      183 6 TO FURTHER EAST-WEST RELATIONS, OUR CHEF'S ABOUT TO MAKE HISTORY. When our chef conducts East and West to the same table, it promises to be a rather momentous occasion Norwegian smoked salmon will be sitting alongpork loin "kobe" style wtfh ginger; sesame seed and fermented soya bean. Fillet of pomfret,
      183 words
    • Advertisement
      Page 6 Advertisements Column 2
      49 6 The business person's choice every Tuesday, Thursday, Saturday and Surety Loving Otang) Airport at 22K)5 hours and arriving at La Guardia or Newark International Airports the following day. CmII your trtvei sgeruorAtr Cdix*L 1732 tiff. A BREATH OF FRESH AIR take ADVAHTAGE IJ.l» J' 3 lr RKWI IT V
      49 words
Page thumbnail Page 7
  • COMMODITIES
    • Article
      Precious Metals
      332 7 HONGKONG: Gold closed easier in dull trade pressured by a firmer US dollar, dealers said. "There was comparatively more speculative dealing from Japanese investors (yesterday)," a dealer said. "But the directionless market discouraged local interest." The metal found support at US$3B5, but selling emerged at US$366, dealers said.
      332 words
    • Article
      Rubber
      193 7 SINGAPORE: Rubber prices closed steady yesterday, with September 1 RSS buyer quoted at 166.50 cents a kg. unchanged from last Friday's close. Dealers said prices improved slightly on shortcovering interest in the afternoon. However, trading was very thin and featureless with operstors sidelined. On the TSR-20 Award market, prices
      193 words
    • Article
      Lock icon Crude Oil and Products
      137 7 Telerate FUEL oil prices were stable to soft in the Singapore market of light trade. Sell indications were reportedly around $88 mt fob/cif Sing mark, with buyers notional ly at $86-87 mt. Quite a few AG cargoes were heard to be arriving in Singapore not fully
      Telerate  -  137 words
    • Article
      Palm Oil
      340 7 MALAYSIAN crude palm oil futures yesterday closed lower on renewed selling after late last week's firmness, in reduced trading activity, dealers said. They said sentiment was undermined by rising palm oil stocks and slow export business, after the market initially ignored a higher Chicago soyoil futures close on
      340 words
    • Article
      RAS and MRELB
      288 7 RAS prices In S cwlrtg, FOB In bnl« B NOON CLOSE Bwyors S#ltori Bwyors SoMors Int 1 RSS Prompt 166.00 167.00N 166 JO 167 JON Int I RSS Sop 166.00 167.00N 166JO 167 JO Int 1 RSS Oct 168.75 *****N 169 JO 170 JO Int 2 RSS
      288 words
    • Article
      Lock icon KL embassy in Zurich not aware of environment group's plans
      233 7 Bernama THE MALAYSIAN embassy in Zurich, Switzerland, is not aware of any plans to declare Sep 4 as "International Penan Day" to highlight logging activities in Sarawak, Primary Industries Minister Datuk Seri Dr Lim Keng Yaik said on Sunday. He
      Bernama  -  233 words
    • Article
      Lock icon M'sia's June output of tin-in-concentrates falls
      300 7 Bernama MALAYSIA'S production of tin-in-con-centrates in the first half of this year totalled 15,553 tonnes, an increase of 1,316 tonnes or 9 per cent on the same period last year. The latest monthly report received from the statistics department in Kuala Lumpur yesterday showed,
      Bernama  -  300 words
    • Article
      SSR and SMR
      85 7 (canM/fce) SEPTEMBER 1989 OCT ORES 1989 RAS (cm i wi worth) NOON ITorworo mormi NOON ■«ry«n S*il*rt lvy«n S•tao SSt 30 190.00 192.00N 1914)0 193.00N SSI 90 14*00 150.00N 149.00 1S1.00N MRELB tuyn SiIm i«r*n Jahn SMI cv 215.00 217.00N 217.00 219.00N SMI I 217.00 219.00N 219.00
      85 words
    • Article
      Lock icon Malaysia warns producers of rubber oversupply
      189 7 Reuter MALAYSIA, the worlds chief exporter of natural rubber, warned other major producer nations of a world glut if they keep on raising output faster than demand. Leading producers Indonesia and Thailand have programmes to rsise output significantly, Primary industries Minister Datuk Seri Dr
      Reuter  -  189 words
    • Article
      Lock icon China asks Japan to cut steel exports
      96 7 Reuter CHINA has asked Japan to cut steel exports in the second half of calendar 1969 to 1.2S million tonnes from a planned 1.58 million, a Nippon Steel Corp spokesman said. China is the biggest market for Japanese steel. Japan expected to supply
      Reuter  -  96 words
    • Article
      Produce Prices
      193 7 Chinese Produce Exchange Seiko' noon dodng prle August 21 (SS/100 kg) M on Coconut oil kk FOB 93.00 Otd dram FOB 103.00 New drum FOB 107.00 Copra Mixed (loose) 50.00 sdlcft Pepper "FOS^NLW 497-50 Sarawak while FOB faq NLW 487.50 Sarawak qMdol Made FOB NLW 387JO Sarawak Asia
      193 words
    • Article
      KL Tin
      231 7 PANIC SELUNG by miners caussd the Kuala Lumpur Tin Market (KLTM) price to slide M 51.20 to M 521.40 a kg yeetorday, brokers said. The fall, the biggest sin-gle-day drop In three years, was due to Vie sharp ton on toe London Metal Exchange (LME) last Friday and
      231 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      146 7 INTRODUCING THE FURNITURE SYSTEM OFFER OF A LIFETIME. THE WESTINGHOUSE LIFETIME WARRANTY. Only one furniture system company has the confidence to stand behind its superior production technology, workmanship and materials for a lifetime, in writing. Westinghouse. The extraordinary performance of WeaGroup" Ultra Panel, our new, industry-exclusive panel design, makes it
      146 words
    • Advertisement
      Page 7 Advertisements Column 2
      133 7 DRIVE OR BE DRIVEN? Either way, with a Hertz car you're okay. But if you happen to be a busy executive, you'd probably appreciate our chauffeur-driven vehicles. That way, we do the driving and you can concentrate on your work. Or simply sit back and relax. Hertz chauffeurs are English-speaking
      133 words
Page thumbnail Page 8
  • BANKING AND FINANCE
    • Article
      Tat Lee interim net profit up 29.1pc to $10.9m
      439 8  -  By QUAK HIANG WHAI TAT LEE BANK, the last of six publicly-listed local banks to release their interim results, has reported a 29.1 per cent jump in group profit to $10.9 million. At the bank level, Tat Lee Bank's net profit
      439 words
    • Article
      Lock icon ABN expects higher EPS this year
      146 8 Reuter DUTCH BANK Algemene Bank Nederland NV said it expected net earnings per share in 1989 to be above the 5.59 guilder level of 1988. "At this point in time... we envisage an improvement in earnings per share for 1989 as a whole,'' an
      Reuter  -  146 words
    • Article
      Lock icon Hongkongßank interim profit expected to rise 12-17pc
      403 8 Reuter HONGKONG AND SHANGHAI Banking Corp, the British colony's only locally-based international bank, is expected to show 12 to 17 per cent growth in net profit when it snnounces halfyear results today. Analysts said HongkongBank's interim net profit for the six months to
      Reuter  -  403 words
    • Article
      Lock icon Simex
      513 8 Reuter EURODOLLAR FUTURES closed lower on profit-taking and position adjustments in quiet trade yesterday, dealers said. The market lacked fresh factors and operators were awaiting today's release of US July durable goods orders data and the start of the Federal Open Market Committee meeting for clues about the Federal
      Reuter  -  513 words
    • Article
      Lock icon IMM
      323 8 Reuter IMM CURRENCY FUTURES ended a calm session higher last Friday, with gains stemming from dollar profit-taking in the interbank market ahead of the weekend. "It was pretty quiet. It was like a two-hour trading day," one currency futures trader said. Currency short-covering added to gains, with the rise
      Reuter  -  323 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      139 8 THE GATEWAY OPENS EARLY NEXT YEAR 'These days, accessiblity is the key to commercial success. For us this location is perfect It's easy for people, whatever form of transport they use. And it's economical for all. We're delighted.' American International Assurance A vision for tomorrow. The Gateway designed by I.M.
      139 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      161 9 LAST YEAR YOU HELPED PAY FOR 24.000 ROAD ACCIDENTS THAT'S NOT FAIR. Until now, motor insurance in Singapore has tended to favour the guilty party: The more accidents he has, the more your premium goes up. At Citicorp we're changing all that, by bringing in a policy that's actually fair.
      161 words
Page thumbnail Page 10
  • MONEY AND EXCHANGES
    • Article
      Forex markets
      1082 10 SINGAPORE: The US dollar closed mixed yesterday after a lacklustre trading session. Most buying interest were highly cautious and non-commital. Bank of Japan intervention and the absence of fresh market-moving factors limited the dollar's rise. The 0.2 per cent rise in the US July Consumer Price Index out
      1,082 words
    • Article
      Options
      1298 10 CURRENCY FUTURES OPTIONS Monday, Aug< Ml 21. 1989 DEUTSCHE MARK (8IMEX) N MM* Low o*a Oap Hlfk OOpali Lot 0a« 52 125 33 206 54 301 JAPA NESE YEN (SIMEX) 66 can* Sap 66 psto WMI Lot M M«h Lot M 71 29 29 29 72 216 216 200
      1,298 words
    • Article, Illustration
      Money markets
      62 10 THE overnight rale on the Singapore money market dOMd 1/16 point higher at 5-3/16 per cent yeelerday. Term rateeware all unchanged. -iinfimn ri wirm of In tlm^inn S$ bM rbartk i tlMt at dw < dow y< arm wt*fda> ND Owr7SL* 3 a/i* 9 I/** S 3/1* 3
      62 words
    • Article
      World interest rates
      174 10 .1. InlerDa nk marfcot n rtM (oflor/bid) on Aiq I 21 us$ DM SWFC Y«n 7 4mr* —«7/i IS 11/14— IS/14 7 —4 7/S 7S/I-7 1/4 il/l-SS/l 1 ■Ml •7/1 IS 7/1 IS S/4 7 4 7/1 71/1-7 1/4 9 7/14 9/14 3 19/14 11/14 IS iv<*
      174 words
    • Article
      Government Securities Market
      105 10 Treasury bills Day's Parlod Issue Yesterday's dosing cod* Maturity MD OfFER hNGH LOW 3 months 6 month* 8Q*****X RS*****V 16.11-89 18.01.90 4.00 4.02 3.95 3.97 3.92 3.92 4.01 3.99 1 yeor BY*****F 24.05.90 4.16 4.1 1 Government notes and bonds Period Issue Maturity Coupon Yesterday s closing
      105 words
    • Article
      Lock icon Asian dollar market
      228 10 Reuter ASIAN DOLLAR DEPOSIT ratea ended around their opening levela yeaterday, after a quiet day'a trade. Dealers said moat operators were sidelined due to an abaence of fresh market-moving factors. Term rates were narrowly mixed at the outset and later remained unchanged. One month cloeed at 9
      Reuter  -  228 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      102 10 A Strong 80nd... savuir lai Giving a Caran d'Ache pen to your business associates shows your "savoir faire" and much more. Its usefulness bring? genuine enjoyment a gift the receiver will appreciate. Discretely enhanced with your company name or logo, engraved or ||K| a Jnedalliof\ it will soon become indispensable
      102 words
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      271 11 1 <*;V m I Desktop publishing created a Dig I creative in-house print communication. Today, Epson puts that possibility right in your workstation with the affordable and hyper-intelligent GQ-5000 Laser Printer. It combines Epson's reputation for value and leading-edge printer technology. The GQ-5000 gives you 13 outline and 11 bit
      271 words
Page thumbnail Page 12
  • TECHNOLOGY
    • Article
      'Singapore still in early stages'
      445 12  -  R&D AND TECHNOLOGY-BASED MANUFACTURING By MARTIN SOONG A LOT MORE needs to be done before Singapore can lay claim to being a true high-technology and research and development centre, says the man charged with nurturing the local R&D industry. Speaking at the finals of the
      445 words
    • Article, Illustration
      Australia positions itself in Indochina
      616 12  -  By FLORENCE CHONG AUSTRALIA'S Overseas Telecommunications Commission (OTC) has clinched a major technology deal in Vietnam, and is now positioned for further market expansion as Indochina opens up its market. Under the contract, the first earth station was opened in Ho Chi Minh City on
      616 words
    • Article, Illustration
      Which is preferable: Mac or PC?
      864 12  -  j?®T By JEFFREY TSANG DESKTOP PUBLISHING is the PC application, so it seems. But if OTP is your business, which machine would you choose, the PC or the Macintosh? Both machines handle the task in similar ways since the major OTP programs are availabie
      864 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      405 12 AMD-PAL The merger of two advanced electronics companies has produced a winning combination AMD*and MMI, now under the one flag of AMD. One team, moving programmable logic devices across me Pacific wtth the power, technology and performance to help you make your designs faster, easier PAL® Devices On The Leading
      405 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      188 13 OUR ENGINEERS CAN ALWAYS COME UP WITH THE PRODUCT SPECS ON TIME. 19 »s as! i uss I mm a f "V L jI JL i i kT *< »5 „BUT ONLY BECAUSE SPECIFIED AT&T's TELECOMMUNICATIONS. Designing custom chips to specs isn't one of the easiest ways to make a
      188 words
Page thumbnail Page 14
  • PERSPECTIVE
    • Article
      Thoughts from the heart
      522 14 IN THE DESTINIES of nations as much as in the lives of individuals, the ironies of success may not be any less painful than the price of failure. While Singapore's problem with the brain drain is one which afflicts other developing countries too, the irony lies
      522 words
    • Article, Illustration
      Lock icon Europe emerges as a major high-tech player
      1441 14 European Community nations are finding out it pays to cooperate, if they are to compete successfully with the Americans and Japanese. Cooperation has spread new technologies to many European companies and given them the financial means to do ambitious research and development. NYT
      NYT  -  1,441 words
    • REGIONAL VIEWPOINTS
      • Article
        Need for sound mining policy
        210 14 MALAYSIA "THERE can be little doubt that there is considerable potential for mining of non-petroleum minerals in Malaysia even if tin is on the wane. Preliminary surveys by the Mines Department and the Geological Survey Department have identified over 30 types of minerals in Malaysia
        210 words
      • Article
        'Our economy is robust'
        355 14 INDONESIA "PRESIDENT Soeharto s address at the House of Representatives on the eve of the 44th anniversary of Indonesia's Independence Day provided a rosy picture of the country's economic performance. The economic growth (in terms of gross domestic product), according to the President, averaged 5.1 per
        355 words
      • Article
        Hun Sen's policy shift a setback
        228 14 CAMBODIA "DESPITE the visible hopes generated by the ongoing mission by the United Nations survey team currently inspecting Thai-Cambo-dian border camps after completing its tour of Cambodia, news from the international conference in Paris is not particularly encouraging these days. "As negotiators from the
        228 words
    • Article
      Lock icon Japan gropes for ways to become fair trader in technology
      528 14 Reuter JAPAN, already under attack for its massive exports, fears another slap for excessive imports of Western technology. Accused of taking a free ride on Western technology and giving little in return, government officials say Japan must modify its technology
      Reuter  -  528 words
    • Article, Illustration
      Lock icon Will the enormous gamble pay off for Northrop?
      916 15 AMERICAN STEALTH NYT AS Kent Kresa, the president of the Northrop Corp, stood beside an Air Force runway in the California desert last month and watched the B-2 Stealth bomber take off on its maiden flight, he kept saying "awesome" and thinking
      NYT  -  916 words
    • Article
      Lock icon Soviets show off their fastest, newest bomber
      724 15 RUSSIAN BLACKJACK AP ANOTHER BARRIER fell to glaanoat last Sunday as the Soviets revealed to their own people and the world at large the deadliest weapon in their air force arsenal the needle-nosed bomber Nato calls the Blackjack. Bedevilled by a chain of
      AP  -  724 words
    • Article, Illustration
      Lock icon US fears sale of supercomputers could spur nuclear proliferation
      833 15 TECHNOLOGY NYT THE BUSH ADMINISTRATION is sharply divided over whether to permit the sales of US-built supercomputers to Brazil, India and Israel, administration officials say. The officials said that several agencies, including the Pentagon. had objected to the proposed sales on
      NYT  -  833 words
    • Article
      Lock icon Protectionist battle looms on arms trade
      354 15 AP THE US Defence Department's reliance on foreign companies concerns Congress and America's own military industry. After working itself into a "Buy American" frenzy over working with Japan on a new jet fighter, Congress is gearing up for a new battle over renewing an
      AP  -  354 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      186 14 FOR SALE BY TENDER Superb hdustrial BuMng bhong joo buildingb 449 TAGORE AVENUE, SINGAPORE warehouse building occupied I approx. sq m approx Closing Date For Tenders: 4pm, 15 Sept 1989. ng Aj*nt ftH knight Frank C'hti Ill's Hock pm- Buillieu k Q~a%. H-xiy I o.>r-S. l _.j; 14\ 22-is.s-.Vi A
      186 words
    • Advertisement
      Page 14 Advertisements Column 2
      70 14 Tteppanyaki Specialties At Ginga£^ UT .fflSSsa 382 Havetock Rd S pcxeo3l6 Reservations: *****22 (Carol) Ginga is a delight for lovers of fine Japanese cuisine. Our recommendations: Special Teppanyaki Set Lunch (sl6+ Special Teppanyaki Set Dinner ($45 with fresh live lobster and free glass of beer (Minimum: 2 people) Sushi Lunch
      70 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      211 15 Bth 9th Sept '89 THEME: LOGGING INTO THE COMPUTER AGE WORLD TRADE CENTRE, CONFERENCE HALL ONE A rare opportunity for professionals and users in the field of microcomputers to learn from specialists in both hardware and software applications. They include: MS JUDITH ROSE the Institute of Administrative Management, UK TOPIC
      211 words
    • Advertisement
      Page 15 Advertisements Column 2
      173 15 EnjcyTKe\VTx>lesome Goainess Of Quality US Beef At\4luelacked Bices! Tender, succulent cuts done Japanese or American style. Now, you can enjoy the wholewfi' A some goodness of quality 111 i| US Beef in a wide selection of U Qg~» preparation styles. At valuepacked prices! Plorot MnlVfl oflvon_/TkI!T"OA apt Claret Grill's seven-course
      173 words
  • Page 15 Miscellaneous
Page thumbnail Page 16
  • LEISURE
    • Article, Illustration
      Lock icon Tangier relives 'the good ol' days'
      681 16 PARTIES NYT AS POLICE SIRENS led airconditioned buses and darkwindowed limousines through the streets of Tangier on Saturday night, few people seemed to care whether the big bash at the palace on the hill was a real birthday party or simply a huge marketing
      NYT  -  681 words
    • Article, Illustration
      Lock icon Time to forage for seafood
      1005 17  -  FOOD By NELSON BRYANT NYT THIS IS THE TIME of year in America when I am persuaded to pursue easily gathered aquatic quarry: steamer clams, mussels or quahogs rather than striped bass or bluetish; tautog, sand eels or blue claw crabs rather than trout. Whether
      NYT  -  1,005 words
    • Article, Illustration
      Lock icon Book clubs venture into publishing
      721 17 BOOKS NYT EVEN THOUGH more than 50,000 new books are published each year, they are not enough to feed the insatiable appetites of the large book clubs. So, more than ever, clubs in the US are now originating their own book titles. Some of these
      NYT  -  721 words
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      907 16 U/ferr toentertafn... Wfcre to entertain... Where to entertain... Whereto c/ 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 Rallies City 2 Sumford Road. Singapore 0617. Westin Hotels 8k Resorts m 3 An
      907 words
    • Advertisement
      Page 16 Advertisements Column 2
      146 16 THEKASBAH TOT 40*s. OCHMN OiOHt. Nocturnal Rendezvous [<T» Z1 'A in Perfect for a fltna oodlisotfun Lot your Koir down Something hot it otway* happening at the Kasbahl Hot'i to youl Celebrate with 'Courvoisier XO and oat a $201- voucher with every pvrchose. Or a $10/- vouchor with •very ftoMantine's
      146 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      185 17 entertain.. i The Businessman's Lunch Is In The Park. Tbe businessman s lunch at Hubert us Grill offers you tbe opportunity to Sine in the relaxing ambience of a hunter's lodge and to enjoy a sumptuous spread of appetizers, soups, salads, fruit and desserts. Plus, there is a selection of
      185 words
  • Page 17 Miscellaneous
    • Miscellaneous
      Page 17 Miscellaneous Column 1
      695 17 wa(D-ra»(DCia ®Q(D3§S23(Da© CRYPTIC PUZZLE ACROSS 3 Start sprawling around as one twists (5) 8 Like the attraction of a movie (5) to Gather everybody in (5) 11 Box in prison (3) 12 Russian who took two shots at a corner! (5) 13 Old king getting out of a car back
      695 words
    • Miscellaneous
      Page 17 Miscellaneous Column 2
      1339 17 TV and RADIO J I 1' OUR CHOICE GALLIPOU, 1035pm. SBC 5 Two Australian farm boys meet on a grassy race track, race, and become good pals. One of them a romantic patriot decides to join the Australian cavalry and fight with the British in the First World War. He
      1,339 words
Page thumbnail Page 18
  • SPORTS
    • Article, Illustration
      S'pore lakes bronze in women's long jump
      553 18  -  SEA GAMES By CHARLES SAVAGE RECORDS TUMBLED yesterday in the men's triple jump, women's long jump and women's 1.500 metres on the first day of the SEA Games track and field competition. Malaysia's Mohamed Zaki's jump of 16.29 m established a new record
      553 words
    • Article, Illustration
      Singapore out of running in team tennis event
      426 18 SINGAPORE was blasted out of the team tennis event at the SEA Games yesterday, losing five matches. But the men managed to salvage the doubles match at the Jalan Duta tennis centre. The doubles pair of Victor Pereira and Hashim Sidek beat
      426 words
    • Article
      Lock icon Indonesia captures three golds in weightlifting
      356 18 AP INDONESIANS swept all three weightlifting gold medals decided yesterday, and tied one Games record. The Indonesians also took two silver medals. A total of 10 weightlifting golds are at stake. Sodikin tied the Games bantamweight division record by lifting a total weight of
      AP  -  356 words
    • Article
      Lock icon Lendl demolishes McEnroe in Player's Intl
      313 18 TENNIS AP IVAN LENDL used masterful shot-making to score a lopsided 6-1, 6-3 victory over John McEnroe and win the Player's International tennis tournament on Sunday. Lendl. the top seed, won his 80th career tournament and captured the Canadian event for the sixth time,
      AP  -  313 words
    • Article, Illustration
      Blay has come a long way
      619 18  -  BOXING By A SURENDREN "I LIVED THROUGH THE history of my nation. I'm first and foremost a Ghanaian before anything else." Thasa words ware emphatically said by Eddy Blay, the former boxer now turned coach for World Boxing Council flyweight hopeful Ebo Danquah. Both
      619 words
    • Article
      Lock icon Aouita breaks 3,000-metre world record
      262 18 ATHLETICS AP SAID AOUITA of Morocco broke one of the longest-surviving track and field world records, clocking seven minutes, 29.45 seconds to better Henry Rono's 11-year-old men's mark at the Weltklasse meet in Cologne on Sunday. Rono, the famed Kenyan, posted the old. manually-timed mark
      AP  -  262 words
    • Article, Illustration
      Lock icon Graf shows awesome power
      227 18 NYT IT WAS NOT adayof formidable opponents or close matches for Steffi Graf. Her remarkable ability seemed to dwarf the portable stadium at Ramapo College, built for the United Jersey Bank Tennis Classic. But the modest surroundings did not prevent the 20-year-old West German from looking
      NYT  -  227 words
    • Article
      Lock icon Gilbert keeps winning streak going
      415 18 AP BRAD GILBERT is on a roll. Stefan Edberg is in a rut. Gilbert extended his winning streak to a career-high 17 matches on Sunday by beating Edberg 6-4. 2-6. 7-6 to win the ATP Championship in Ohio. The 28-year-old Calitornian has won 22 of
      AP  -  415 words
    • Article
      Lock icon Harwood scores spectacular victory
      194 18 GOLF AFP MIKE HARWOOD of Australia gained his second European Tour victory in spectacular style at Boksgogen, Sweden, on Sunday when he sank a 15-yard bunker shot at the final hole. Harwood s perfect explosion shot from a green-side trap gained him an eagle three and
      AFP  -  194 words
    • Article, Illustration
      Lock icon Aggression works for Norman
      290 18 AP LAST YEAR, Greg Norman skipped the International, saying he didn't like the peculiar format which rewards aggressive, go-for-the-birdie golf. This year, he made the format work for him, winning the tournament for his first American victory in more than a year. Norman, a playoff loser
      AP  -  290 words
Page thumbnail Page 19
  • COMPANIES & STOCK MARKETS
    • Article, Illustration
      Lock icon L & M: an alliance ahead or disappointment for investors?
      676 19 L M: an alliance ahead or disappointment for investors? rcxma mm,,. By HOCK LOCK SIEW WHAT'S CAUSING the mighty surge in the share price of specialist contractors L M Group Investments? Last week, the small contracting company burst into lite, catching investors spell bound as its share price rose 34
      By HOCK LOCK SIEW  -  676 words
    • Article
      National Iron earnings drop 13pc
      530 19  -  By ROSIE TAN RISING raw material prices have affected the performance of National Iron and Steel Mills, which reported a 13.2 per cent drop in group interim profit after tax to $17.71 million on an almost unchanged turnover of $234.92 million. Explaining the fall in
      530 words
    • Article
      Competition erodes Intraco profit
      369 19  -  By WILLIAM CHIA TRADING-BASED Intraco Ltd has reported a 28.7 per cent fall in trading profit despite a 39.4 per cent increase in turnover for the first half-year because of increased competition. Led by higher sales in petrochemical products, group turnover rose by more than a
      369 words
    • Article
      Kah Fuh sells one million Sea View Hotel shares at $4.50 each
      407 19 KAH FUH Retail Re Ltd has sold a 4.52 per cent stake in much-talked-about takeover target Sea View Hotel. In a statement to the Stock Exhange of Singapore regarding a change of substantial shareholding, the hotel group disclosed
      407 words
    • Article
      UMW expects profit to more than double
      415 19 UMW HOLDINGS Bhd has forecast pre-tax profit to rise 132 per cent to Mssl 66 million for the year ended Dec 1, 1989. after the completion of its proposed debt-equity swap and acquisition deals in October. However, because of the enlarged capital base,
      415 words
    • Article
      LATEST RESULTS
      96 19 PAN MALAYAN Holdings Ltd: Group profit after tax and minorities of $1.62 m ($1 07m) on an operating revenue of $4.15 m ($7.98 m) for the six months ended June 30. 1989 Earnings per share came to 10.85 cents (7.19 cents). An interim dividend of 2.5 per cent
      96 words
    • Article
      Sia of Causeway raises stake in Sunshine Allied
      339 19 SIA LENG YUEN, executive director of Causeway Investments Ltd, has become a substantial shareholder of Sunshine Allied Investments Ltd (Sail) through the purchase of a major parcel of shares last Tuesday. Sail informed the Stock Exchange of Singapore that Mr Sia, alias
      339 words
    • Article, Illustration
      New board of Malayan Credit takes over
      242 19 THE NEW MALAYAN Credit board headed by chairman Teo Soo Chew is now firmly in place and is in charge of the day-to-day running of the property group. Soo Chew is the younger brother of Teo Soo Chuan, the former chairman of Malayan
      242 words
    • SES
      • Article, Illustration
        Blue chips edge higher but general market finishes mixed
        1105 20  -  by JOSEPHINE CHAN SHARE PRICES generally finished mixed in cautious trading yesterday. The Straits Times Industrials Index rose 5.52 points to close at a new post-Crash high but falls led rises by 126 to 86, with 61 counters trading unchanged. "There
        1,105 words
      • Article
        Unit trusts
        320 20 Managers' prices for Aug 22 Royal Trust Sec Asia IT S'pore Gr Fund 087* 0.91* ft Asia-Poc Gr Fund 1.12 Singapore Unit Trust Tha Com*M J-J2 The Savings fund lij ]3 Spof. f»Ot Fund 048 052 S'pore Sec Fund 074 0.79 S'pofe Invest Fund 0 86 0.90 S'pore
        320 words
      • Article
        COMPANY MEETINGS
        51 20 SEMBAWANQ SHIPYARD LIMITED: EGM at the Lecture Theatre. #04-00, 456 Alexandra Road. NOL Building, Singapore 0511, on Aug 29. Tuesday, at 9 30am JOHAN HOLDINGS BERHAD: 64th AGM at Poinsettia 2. 2nd Floor, Petaling Jaya Hilton. Jalan Barat. Petaling Jaya. Selangor Darul Ehsan, on Wednesday, Aug 30, at
        51 words
    • Article
      SES SHARE INFORMATION
      6262 20 1989 High Low Tol Cod* Company Lost Solo AUG 21 +orVol (•000) Day L High Low ft Ml Que nyor So Ma Nor Qr*a Mv Or** Dhr rid Not C«r Ml "Cop DEBENTURES, BONOS, LOANS 284 81 45% 65% 87% 66 193 72 95 18 62 97
      6,262 words
    • KLSE
      • Article, Illustration
        Index surges, market sags
        503 21 SHARE PRICES retreated further on continued profittaking on the Kuala Lumpur stock market yesterday. However, selected bluechips and situational counters bucked the trend again. A broker said institutions picked up blue chips which looked relatively attractive following the runup in second and lower liners. Due to
        503 words
      • Article
        Untitled
        3223 21 1969 Last Vol Day Nat M Cap High Low Company Sal* COOO) High Low P/E SmU H INDUSTRIALS 239 130 AISB 50C 231 4 2549 239 228 23 8 237 0 65 29 API 59% -1% 473 61% 59 45.9 442 255 ASM 50* 424 unch 19 424 422 42.0
        3,223 words
    • REGIONAL MARKETS
      • Article
        Lock icon Foreign firms question merits of Tokyo seats
        747 22 FULL MEMBERSHIP FIRMS FACE HEAVY LOSSES AFP FACED WITH HUGE operating costs and prospects of heavy losses, foreign securities firms in Japan are opting for cheaper alternatives as they question the merits of full membership on the Tokyo Stock Exchange (TSE). The exchange
        AFP  -  747 words
      • Article
        Lock icon China events expected to continue to unsettle HK's fragile stock market
        495 22 Reuter DISTURBING NEWS from China will continue to hang over Hongkong's equities 11 weeks after the June 4 massacre in Beijing and the market will stay unsettled before economic fundamentals can rule again, analysts said. Reports of a fresh
        Reuter  -  495 words
      • Article
        Lock icon Laisee to make offer for Paladin's stocks
        233 22 Reuter A GROUP of minority shareholders will make an offer for all of Paladin Ltd's issued capital to block a merger between the company and its controlling shareholder. New Zealand Equities Ltd (NZE), financial advisers Anglo Chinese Securities Ltd said. Anglo Chinese said
        Reuter  -  233 words
      • Article
        Lock icon Macau to start airport construction
        141 22 Reuter CONSTRUCTION of an international airport in the Portuguese territory of Macau will begin soon after the signing of two contracts on Friday, the Portuguese News Agency said. Concessionaria do Aeroporto de Macau, a consortium formed last January to build and operate the airport, signed
        Reuter  -  141 words
      • Article, Illustration
        Lock icon Record high
        610 22 Tokyo Reuter BRIEF FLURRIES of fu-tures-related index-linked buying took Tokyo share prices up several times yesterday, but underlying sentiment was lukewarm. Prices ended firmer at a record close in thin trade, marked by concern the central bank will tighten short-term credit to boost the yen. "I don't see
        Reuter  -  610 words
      • Article, Illustration
        Lock icon Firmer close
        551 22 Sydney Reuter AUSTRALIA'S share market closed firmer yesterday as afternoon buying offset an earlier bout of profit-taking, brokers said. The All Ordinaries Index closed 4.9 points higher at 1,722.3, the day's high. Brokers said the market indicator had drifted down in early selling before rising late in the
        Reuter  -  551 words
      • Article, Illustration
        Stock prices finish sharply lower
        1292 22 Hongkong HONGKONG stocks ended sharply lower yesterday, with the Hang Seng index down 44.41 to 2,528.75. Some brokers said continued tears over political developments in China were unnerving operators. They said many investors were eager to see whether senior Chinese leader Deng Xiaoping, rumoured to
        1,292 words
      • Article
        Lock icon New Zealand: Post-crash high
        190 22 Reuter NEW ZEALAND shares hit a new post-crash high in relatively quiet trading yesterday as bond yields declined and another bank cut its interest rates, brokers said. "There were no fresh factors as such in the market, but continuing reports of interest rate cuts, lower bond
        Reuter  -  190 words
      • Article
        Lock icon Seoul: Moderate trading
        331 22 Reuter SEOUL STOCKS rose in moderate trading yesterday as investors welcomed a pledge by President Roh Tae-Woo to boost exports for the rest of this year, brokers said. The composite index closed at 905.85, up 2.71 points from Saturday's half-day session. Turnover was 311.7 billion won against
        Reuter  -  331 words
      • Article
        Lock icon Bombay: Shares mixed
        92 22 Reuter BOMBAY share prices finished mixed yesterday after an early rally triggered widespread profit-taking, reflecting the market's nervous undertone, brokers said. The market opened firm after last week's sharp fall, as state-owned investment trusts lent support to some stocks. But when follow-up failed to emerge the institutions
        Reuter  -  92 words
      • Article
        Lock icon Taipei: Prices off peaks
        439 22 Reuter TAIWANESE stock prices closed higher but off their peaks yesterday after heavy trading with the weighted index briefly topping the 10.000-point mark, dealers said. The index rose 118.84, or 1.22 per cent, to end at 9,873.36 against Saturday's 9,754.52 close. Turnover was NT5137.02 billion compared
        Reuter  -  439 words
      • Article
        Lock icon Bangkok: Shares advance
        240 22 Reuter MOST Thai stocks rose in active trade centred on construction counters yesterday, brokers said. The SET Index gained 3.68 to close at 653.81, with losses outnumbering gains 58 to 52. Most active were Padaeng Industry, Siam Cement and East Asiatic. "East Asiatic was heavily bought as
        Reuter  -  240 words
      • Article
        Lock icon Manila: Mixed close
        100 22 Reuter PHILIPPINE shares closed mixed yesterday and the main index was lower in thin trade with operators drawn to government treasury bills, brokers said. Prices mostly opened lower. "It's the influence of higher interest rates. I was really expecting a weak market," said Jesus Cinco, assistant vice-pres-ident
        Reuter  -  100 words
    • INTERNATIONAL COMPANY NEWS
      • Article, Illustration
        Lock icon BAT Industries defends diversification, citing good earnings
        524 23 Reuter BAT Industries pic, in s defence document sgainst the £13.6 billion Sir James Goldsmith-led bid, has defended its diversification away from its core tobacco business, saying that it has succeeded. BAT chairman Patrick Sheehy noted in the document that since 1900, earnings
        Reuter  -  524 words
      • Article
        Lock icon Hoylake chief wants a chat with BAT's chairman about hostile bid
        238 23 Reuter SIR JAMES GOLDSMITH, chairman of Hoylake Investments Ltd, has sent a letter to Patrick Sheehy, chairman of BAT Industries pic, requesting a meeting to negotiate the terms of Hoylake's £13.6 billion hostile bid for BAT. "I and my
        Reuter  -  238 words
      • Article
        Lock icon Why Coopers & Lybrand plans to go it alone in a world of accounting mega-mergers
        1034 23 Why Coopers Lybrand plans to go it alone in a world of accounting mega-mergers NYT MERGER MANIA is sweeping the biggest accounting firms of the US, but it is not s clean sweep. Coopers Lybrand, once the world leader in revenue, plans to sail into the 1990s alone. Coopers may
        NYT  -  1,034 words
      • Article
        Lock icon EUROPEAN MARKETS ROUNDUP
        606 23 Reuter ZURICH: Swiss shares closed steady to higher in listless trading yesterday as the market lacked new impetus, dealers said. Turnover was moderate. While Wall Street tailed to provide fresh stimulus, the higher trend in Frankfurt set a positive tone. Investors were also insecure about the development
        Reuter  -  606 words
      • Article
        Lock icon Concern over risks taken in LBO investments
        711 23 DEBT PAYMENT PROBLEMS SURFACE Reuter. DEBT PAYMENT problems at two companies taken private by Kohlberg, Kravis Roberts and Co, one of the largest US leveraged buyout (LBO) firms, are raising industry concerns about the risks involved in LBO investments. say investors and bankers
        Reuter.  -  711 words
      • Article
        Lock icon Dean Witter is finally making money — and earning the industry's praise
        951 23 Dean Witter is finally making money and earning the industry's praise NYT NOT LONG AGO. Dean Witter Reynolds Inc was ridiculed as the "stocks and socks" brokerage owned by Sears, Roebuck Co. But now the tables have turned. Derided for years as too parochial in its focus on its retail
        NYT  -  951 words
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      98 19 POWER THEM WITH Maxell has batteries of every type to meet your every need-Silver oxide batteries, Micro alkaline cells, Micro lithium cells, Manganese batteries Super lithium batteries. High power Last longer Superior leak resistance Longer shelf life Wide operating range Great variety *\i' 01 Z\f 'f/ r Make calculative moves
      98 words
    • Advertisement
      Page 19 Advertisements Column 2
      184 19 Exclusively at The Hour Glas^ FOR SALE BY TENDER CAIRNHILL VIEW 8 Cairnhill Rise A 13-storev residential building with a basement, accommodating 24 maisonettes. Area of typical unit: 280 sq m Facilities swimming pool, sundeck, squash court Land Area: 3,824.9 sq m Tenure: Freehold Occupancy: Fully, tenanted. CHO BUILDING 1
      184 words
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      110 22 TIGER BALM LTD (Incorporated in the Republic of Singapore) CHANGE OF SHARE REGISTRAR Tiger Balm Limited hereby announces that UOB Management Services Pte Ltd has been appointed as the Company's Share Registrar with effect from 1 September 1989. With effect from 1 September 1989, Barbinder Co Pte will cease to
      110 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      144 23 FOR SALE BY TENDER YEN SAN BUILDING (No. 268 ORCHARD ROAD, SINGAPORE) A rare opportunity to own a prestigious office building within the main shopping and hotel area and central business district. The whole of Yen San building is available for sale on an en-bloc basis. Lot No. Tenure Land
      144 words
Page thumbnail Page 24
  • Article, Illustration
    Taoson wins bid to build $31 m marina in Jurong
    559 24  -  By JOCELYN TOH JURONG. well known as an industrial estate, will be home to a huge leisure and entertainment centre with a world-class marina which will be ready by early 1991. The Jurong Town Corporation announced yesterday that Taoson Engineering
    559 words
  • Article
    Lock icon LDP urged to hand over power if defeated
    280 24 Reuter A JAPANESE ruling Liberal Democratic Party senior member called on his party to hand over power if it loses general elections expected early next year, an aide said yesterday. Hiroshi Mitsuzuka, former foreign minister and now LDP policy affairs committee chairman,
    Reuter  -  280 words
  • Article
    Lock icon Japan's political woes could again plague the yen: analysts
    473 24 Reuter DOMESTIC POLITICAL jitters are likely to return to haunt the yen when Japan s Parliament reconvenes in September, currency analysts and traders say. Discounted as a market factor at present, political uncertainty could re-emerge as debate in Parliament heats up
    Reuter  -  473 words
  • Article
    Lock icon Roh pledges to stabilise currency
    354 24 Reuter PRESIDENT ROH TAE-WOO, saying a fall in South Korea's exports was a red light signal to the economy, yesterday promised to stabilise the currency and pump cash into small companies. In a weekly radio address, Mr Roh said the volume of customs-cleared exports in
    Reuter  -  354 words
  • Article
    Lock icon JVC moves into film production with Hollywood producer
    282 24 Reuter ELECTRONICS MAKER Victor Co of Japan Ltd (J V C) is moving into film production in the US in partnership with Hollywood producer Lawrence Gordon, JVC senior managing director Seiichiro Niwa told reporters yesterday. JVC and Mr Gordon, former president of
    Reuter  -  282 words
  • Article
    Lock icon Aussie minister envisages need to curb immigration
    243 24 Reuter. AP AUSTRALIA may have to curb immigration and set a population ceiling of around 25 million some time in the future. Immigration Minister Robert Ray said yesterday. Mr Ray. in a television interview, said one in seven Australians would be of Asian
    Reuter.; AP  -  243 words
  • Article
    Lock icon Seoul, Asean to set up trade panel
    149 24 Reuter SOUTH KOREA and delegates from Asean agreed in principle yesterday to form a joint cooperation committee to boost bilateral trade, investment and tourism ties. Seoul officials said. The decision would allow South Korea to join the United States, Japan, Canada. New Zealand.
    Reuter  -  149 words
  • Article, Illustration
    S'pore team won't raise facilities issue at meeting
    443 24  -  By AL O LABITA Jr SINGAPORE Deputy Speaker Abdullah Tarmugi yesterday said that his 19-member delegation will not raise the Republic s offer to host some US military facilities during the week-long 10th annual meeting of the Asean In-ter-Parliamentary Organisation (AIPO), which
    443 words
  • Article
    Lock icon Comex gold and silver
    88 24 Reuter COMEX GOLD futures trended narrowly mixed early yesterday, closely monitoring the fluctuations in the US dollar. The most-active December contract was unchanged at U*****.90 an ounce, having traded a high/low of U*****.20/ 373.30. Spot gold was untraded. Comex September silver fu- tures slumped early yesterday,
    Reuter  -  88 words
  • LATE FILE
    • Article
      Lock icon Opax takeover bid for De La Rue
      47 24 AFP BRITISH printing group Norton Opax yesterday announced a surprise bid to take control of rival printers De La Rue for £484.2 million. But De La Rue rejected the bid saying that it was "opportunistic" and undervalued the company. AFP
      AFP  -  47 words
    • Article
      Lock icon M'sia may buy more F-5Es
      36 24 Bernama THE Malaysian government may buy more F-5E fighter aircraft for the Royal Malaysian Air Force to replace the Skyhawks being used now, Defence Minister Tengku Ahmad Rithauddeen said yesterday. Bernama
      Bernama  -  36 words
    • Article
      Lock icon Aussie pilots out of wage system
      38 24 Reuter AUSTRALIA'S 1,600 domestic airline pilots, demanding a 30 per cent pay rise in defiance of government efforts to keep inflation down, were thrown out of the country's wage-fixing system yesterday. Reuter
      Reuter  -  38 words
    • Article
      Lock icon Suharto to visit Soviet Union
      36 24 AP PRESIDENT SUHARTO will visit the Soviet Union early next month after attending the summit conference of the non-aligned movement in Belgrade. Yugoslavia, authoritative sources said in Jakarta yesterday. A P
      AP  -  36 words
    • Article
      Lock icon Scientists race to stop satellite fall
      60 24 Reuter SCIENTISTS at Nasa are racing to rescue a satellite the size of a bus before it crashes to Earth, the New York Times reported yesterday. The report said an 11tonne scientific satellite was falling to Earth faster than expected and the space agency
      Reuter  -  60 words
    • Article
      Lock icon Polish leaders fight for power
      44 24 Reuter THE Communist Party, on the verge of losing its 45-year grip on power, has raised the stakes in Poland's political crisis by demanding a major role in a government to be led by the once-banned Solidarity movement. Reuter
      Reuter  -  44 words
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      61 24 "VL 00 jf" i W d ST! J? /H€RRY M^n-wthyroillthew^-For a complete package, call PET Computer* 296 7222. i u TURN-0-MAITC SWEDEN 1 BWEGA TRADING Is pleased to announce their appointment astneaoie representative for all TURN-OMATIC products in Singapore. SWEGA For more Information, please contact SWEGA TRADING (8) PTE LTD
      61 words
    • Advertisement
      Page 24 Advertisements Column 2
      5 24 Mora report* on PAGE 6
      5 words
    • Advertisement
      Page 24 Advertisements Column 3
      221 24 Being well-rounded in real estate makes us your best shot. L» •A M Jones Lang Wootton P'omrtv CosuMM* «*a' E Mat* «<*>"« v.h*-» p Pr rf Manages What is needed most in real estate dealings is a company that offers a diverse sphere of services. To put it another way,
      221 words
Page thumbnail Page 25
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Indonesian exports up 9pc
        94 25 AFP INDONESIAN exports rose 9 per cent in the four months to April to US$6 85 billion, thanks largely to a sharp increase in non-oil shipments, the Indonesian government said. The Central Bureau of Statistics said non-oil exports surged 23.72 per cent in January-April to US$4.l3
        AFP  -  94 words
      • Article
        Lock icon Floating hotel prepares for Vietnam
        113 25 Reuter A FLOATING hotel once moored near Australia's Great Barrier Reef will be shipped to Ho Chi Minh City on Thursday and open for business there in October, a hotel spokesman said. The 200-room, US$2O-million luxury hotel, to be called the Saigon Floating Hotel, is
        Reuter  -  113 words
      • Article
        Lock icon Ship collision in Columbia river
        86 25 Reuter THE Panamanian bulk carrier T S Prosperity and the US tanker Chevron Louisiana are anchored in the Columbia river at Longview, Washington, awaiting inspection after being in collision on Aug 17, Lloyds Shipping Intelligence said. The 25,309 dwt 7 S Prosperity was bound fully
        Reuter  -  86 words
      • Article
        Lock icon Police investigate Thames accident
        161 25 IHT THE UK police have arrested the captain and second mate of a dredging barge. They have begun a criminal investigation after an early morning collision on the Thames on Sunday, in which at least 29 passengers on a pleasure cruiser were killed and perhaps dozens
        IHT  -  161 words
    • Article
      Sidor receives LR's Works Approval cert
      111 25 CVG Siderurgica del Orinoco (Sidor) has become the first steelworks in Venezuela to receive a Works Approval certificate from Lloyd's Register. The approval means that steel manufactured by Sidor can be used for the construction of LR-classed ships. LR is the world's premier ship
      111 words
    • Article
      Index to advertisers
      867 25 ABC Contoinerline XI 5 Accord Shpg vin 3/4 Arrow lines XI 5 AN I m i n A PC line VII 5 API 3-5 ASCI V 1 Australia line VH 1 Bait Canada line IX 4/5 Bait Orient line IX 4/5 Baltic Orient Shpg XI 4 Bangladesh
      867 words
    • Article
      PPA offers ports at North Harbour for privatisation
      332 25  -  By AL O LABITA JR, writing for BT from Manila THE STATE-RUN Philippine Ports Authority has offered to privatise ports at Manila's North Harbour, with the hope of getting greater private sector participation in the country's maritime affairs. Some industry leaders have
      332 words
    • Article
      India proposes new incentives for shipping industry
      262 25  -  By SHIRISH NADKARNI THE INDIAN government has proposed major amendments in the direct tax laws to provide additional fiscal incentives to the shipping industry and also to make investment in shares by non-resident Indians (NRIS) more attractive. The amendments with regard to the
      262 words
    • Article
      DSR Lines ends agency accord with Singapore Shipping
      405 25  -  Everstar likely to be appointed By LINDA CHEE EAST GERMAN shipping line DSR has terminated its agency arrangement with Singapore Shipping Corporation (SSC). Although it has not officially appointed another agency in Singapore, market sources say that DSR is likely to appoint
      405 words
    • Article
      Lock icon Owners warned off Panamax downturn
      406 25 Lloyd's List ANOTHER of the shipping industry's senior analysts has warned Panamax owners of a downturn in demand, insisting that the market for the second half of this year will fail to match the strong performance of the first six months. Echoing sentiments expressed recently
      Lloyd's List  -  406 words
    • Article
      Australia may freeze live sheep trade to Saudi Arabia
      216 25 AUSTRALIA is considering suspending its live sheep trade with Saudi Arabia, which has banned shiploads of 300,000 sheep it claims carried disease, Australian government sources said. Australia has a further 160,000 live sheep at sea bound for Saudi ports and as
      216 words
    • Article, Illustration
      Lock icon Crewing: Will the bubble burst?
      1217 26 FILIPINO CREW SHORTAGE MOST ACUTE IN TANKER TRADE Seatrade Business Review WITH HORDES of foreign employers knocking at its doors, Manila has become the world's biggest supermarket for well-trained, competitively priced seafarers. That's the good news. The bad news is that the supermarket shelves could
      Seatrade Business Review  -  1,217 words
    • Article
      Lock icon Speakers at Intermodal Expo expect rail links to expand
      466 26 Cargonews Asia SPEAKERS at this year's International Intermodal Expo event in Atlanta, Georgia have made it clear that more cargo will travel across North America by rail if intermodal operators and equipment suppliers have their way. Philip Anschutz, chairman of Southern
      Cargonews Asia  -  466 words
    • Article
      Shipping events
      592 26 Sep 4-8 Rendezvous de Septembre, 33rd annual international reinsurance meeting, Monte Carlo, Monaco. Sep 5-8 Offshore Europe, Aberdeen Exhibition and Conference Centre, Aberdeen, Scotland. Sep 6-8 P I, Lloyd's of London Press shipping seminar, The Ramada Hotel, 10 Berners St, London Wl. Sep 7-10 International marine trades exhibition,
      592 words
    • Article
      Lock icon Tanker rates
      294 26 AFP ENQUIRY was insufficient over the past week to generate the long-awaited improvement in tanker rates for large-size tonnage out of the Gulf, London brokers E A Gibson said. Some 4.5 million tonnes have been moved from this area during the week, utilising 16 VLCCs (very large crude
      AFP  -  294 words
    • Article
      Container schedules/Ships in port
      1896 26 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy A rrhral Transtalner Schedules Blk Op Gdn Date/Time Time From Time To Booking 1 0 An Ffuwtl# mm *****9 0900 22AP00 22/0800 NA 2 00 F07 Amtaa 6W 24 08 89 0800 22/1145 22/1215 NA 2
      1,896 words
    • Article
      Lock icon Seawise Giant ordered out of Ulsan harbour
      171 27 Seatrade Week THE Seawise Giant, the world s largest tanker, which was seriously damaged during the Gulf War in 1988, has been ordered out of Ulsan harbour while its owners, Feoso Oil of Hongkong, continue deliberations over its future. It is proceeding under
      Seatrade Week  -  171 words
    • Article
      London Freights
      779 27 SINGLE voyage fixing on the dry cargo freight market appeared to pick up slightly on Friday, but no new bookings were seen on the major grain trading routes, brokers said. The Baltic Freight Index was unchanged at 1,421 despite all three heavily index weighted grain routes from the
      779 words
    • Article
      SHIPPING LIST where your ships are due
      5297 34 B Suna ScanOutcht Aug 22 Villa da Plulon. CM D NtaMM Aug 22 LJ Bontang. Plea again Aug 22/25 Largs Bay. Trlot. Aug 23(M(). Crty of Edinburgh. Trlot. Aug 24 Evar Gleeful Evergreen Aug 24 Meerak Tokyo Maarak Una Aug 24 Noraaaa Sun.
      5,297 words
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      30 25 MIS A lively way with words Arafebte at aH good bookahofM ridwil Publications For advertising and circulation enquiries, please call Business Times, Tel: *****11, Fax: 253-2821, Tlx: RS ***** BTAD
      30 words
    • Advertisement
      Page 25 Advertisements Column 2
      0 25 (/;`+@";"[[~}[!)"]'<=]`('%&*)%:
      0 words
    • Advertisement
      Page 25 Advertisements Column 3
      510 25 "The Illustrated Encyclopedia of Wildlife" WW h r lortmxlitly at all good bookshops and news-stands STP Distributor! INSIDE v V/V/«.- < J 4kU v Crewing: will the bubble burst? WITH HORDES of foreign employers knocking at its doors, Manila nas become the world's biggest supermarket for well-trained, competitively priced seafarers.
      510 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      1193 27 OOCL Dt'tliccited K» C^unlity WW/ Jardines JARDINE SHIPPING AGENCIES 200 Cantonment Road #1245 Southpwnt. Singapore 02<* T«4 *****11 TELEX MO RS ***** TERMINAL,CPS Tel *****18 220 BOOKINGS Tel *****34 235 PtSAKA JARDINE SHIPPING AGENCIES SON BHD. PORT KELANG TEL: *****18 Tele. No. «MBJ77£AWBI PENANG TEL *****4 TELEX NO MA***** CFS
      1,193 words
    • Advertisement
      Page 27 Advertisements Column 2
      1128 27 MAERSK LINE •Fort P*n«r>o DESTINATIONS METTE M LAM M. REQINA M LAURA M LEXA M MCKMNEV LEOA M MARIT M TMa «Mt MM* M CWno Tkne CY 264 2300 MRS CFS 284 1300 MRS METTE M LARS M REQINA M LAURA M LEXA M MCKINNEY LEDA M MARIT M TMa
      1,128 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      826 28 CONTAINER SERVICE FROM UK/CONTINENT BONN EXPRESS LA SAINE BENALDER ORIENTAL BAY BENAVON TOKYO BAY OURMITOR BORUSSIA Singapore *****00 Booking* *****08 CFS *****48* JB 07-*****1 C R No. **********0W) K Lumpur *****25 P. K*l*ng *****18 CFS *****50 P*n*ng *****7, *****2 BREMER- ROAM/ SOUTH VOY NO. HAMBURG HAVEN ANTWERP LE HAVRE AMPTON
      826 words
    • Advertisement
      Page 28 Advertisements Column 2
      472 28 COLUMBUS LINE REEDEREI GMBH iA SERVICE OF HAMBURG SUDI \V~~ EXPRESS SEMI CONTAINER SERVICE TO TTrffflTr TTTffl IYDEBANK V-26N AMAITAI SAMOA V-ltN ORTHBANK V-25N Im AcnpHnf FCL to Mmti HBC HULL (U.K.) H/» Ufl a/io 25/10 13/U 17/11 >i'n:i i»n;. ii'ijmum: (ASIA-SOUTH PACIFIC JOINT SERVICE) NORAYBANK VUS COLUMBUS NIUCINI MS
      472 words
    • Advertisement
      Page 28 Advertisements Column 3
      879 28 1 D L wL REGULAR INDEPENDENT FULL CONTAINER SERVICE TOPIIRftPF on* fttou) cunurc PEN PKL SIN FIX HAM BRE ROT ANT LCH NOR ASIA SUN M 22-3 23/1 24/8 2S/8 19/9 22/9 23/9 24/9 2S/9 NORASIA KARL VKJ-3 29/8 30,1 IS ft-9 28<9 79<9 3M 110 210 NORASIA PRINCESS 1924-3
      879 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      879 29 Steamers Maritime Holdings Ltd Um i 53 P&O Containers STRAIT S SHIPPING CONTAINER SERVICE TO UK CONTINENT CMOWAM MY •WALDO S*para PKtaaa ap ni hp ap hp hp ap ap ap up UP rtm H'twt rkMw r«w W W W I'D UP on MP lip an an an w an
      879 words
    • Advertisement
      Page 29 Advertisements Column 2
      841 29 Tik.CHO YANG LINE CCEPTING REEFER WEEKLY EXPRESS INDEPENDENT FAR EAST/EUROPE FULLY CONTAINERISED SERVICE HI lIIi II Tl'l HANJIN HASAN OSON HAJUIN LEMAVRE 003W QUEENSWAY B*l OGt OIOW CHOYANC PARK BMW FMG Q FLOTA MERCANTE GR ANCOLOMBI AN A S A (NATIONAL LINE OF COLUMBIAI TRIDENT ENOCAVOUR OC 130 2S Au|
      841 words
    • Advertisement
      Page 29 Advertisements Column 3
      351 29 ff/ Hai Sun Hup Co (Ptc) Ltd KASTKKN < AK I.INKK STRAITS/ JAPAN/ STRAITS SERVICE SPECIALIST IN RO-RO HEAVY LIFT! NOTt: ALSO MUMS OTHCR JAPANESE POUTS, HONGKONG. TAIWAN 1 CHINESE POUTS, SUBJECT INOOCOKNT INTERMARITIME SOUTHERN AFRICA SERVICE DIRECT MONTHLY SAILINGS KK SPORE PK OBN CT ML vir •Alto call* E.L.
      351 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      595 30 taSINOSEI m MARnMME_PTE_LTp ISLAMIC REPUBLIC OF IRAN SHIPPING LINES 'A'iP I KEAO PJL 38 AUG KYOWA LINE MTNOOUCMQ KYOWA FAST DIRECT B/BULK/CONT SERVICE FROM S'PORE/PK TO QUABA/SAPAM AND ETA SPORE 3 SEPT 'M ETA SPONE LOAD FOR:LSELfi SSUBM PORTS* *BBCRONESIA POUTS DIRECT CALLS ON INDUCEMENT BASIS AND/OR TJ3MPT AT GUAM
      595 words
    • Advertisement
      Page 30 Advertisements Column 2
      479 30 6ft HANJIN SHIPPING FULL CONTAINER SERVICE TO EUROPE VIA SUEZ TO FAR EAST PORTS CNOVAM6 SUCCESS HANJIN TOM MAE W MD W "I* W W n/» M M v» w» an u* MO VN n$ v* 7/1 ll> 14/1 1*» nit a/i FROM EUROPE VIA SUEZ CONVENTIONAL SERVICE TO PERSIAN
      479 words
    • Advertisement
      Page 30 Advertisements Column 3
      109 30 INTEROCEAN LINE T 78, 2nd Floor, Jaian 2/71, Taman Tu« Dr. temall, ***** KL. Tal: 71*734. *****»4, 71«722t TLX. NO. MA-***** FAX: 03-717*11 Panang Off: Tal: *0427, *0402 ACCEPTING cargoes for the following ports GUANGZHOU MARITIME r TRANSPORT BUREAU OF CHINA SOUTHERN LINE REGULAR LINER SERVICES (FORTNIGHTLY SAILING) HONG KONG
      109 words
    • Advertisement
      Page 30 Advertisements Column 4
      872 30 n EVERGREEN Cnnlaw Se'uc Round-The-World East Bound (FE/CARIB/USEC/EURO/FE) EVER GRAND ever gifted EVER OtUT EVER GOLDEN MR GLOK EVER OANT ALSO ACCEPTING I I) MOVHCNCC, I HK KK nm wm Mm mm vfm VJi fSi vn V aim Wm ium ivu ,w,a rM vn> aru S!!SS S" si! ffi si
      872 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      734 31 SHIFrINIi TIMES, ruesaay, August za, PACIFIC INTERNATIONAL LINES PIL Building, 140 Cecil Street, #03-00, Singapore 0106. Tel: *****33 CONTAINER SERVICES v -i VOY 8m IMB IM MAJAPAHIT QOWA KM SM ISM trn ISNB W 12 !22 «l M M 44N8 IM IT/I 1W M IM SIM 2M 1/1# sns 7/10
      734 words
    • Advertisement
      Page 31 Advertisements Column 2
      530 31 BEN USE CONTAINERS EXPRESS CONTAINER SERVICE TO UK/CONTINENT rrOM PKLMK STOW MM rHAHN ROM HA«f urpbr an *n im an an un an at, 1 tin W W HH Uf DH Mi(«« an in wi on an w w JM M IM IV) un w in wi an an an
      530 words
    • Advertisement
      Page 31 Advertisements Column 3
      389 31 DJASAGETRI A Joint Europ* Sen*o» Of: mm* uor» f.T. Ksm llotb HHMEtU f.T. TMKOM HOW sax. ass CONTAINERISED CAMO) 1W CONTAINERISED CAMO) W,AOT SXn.SUm.i.. CONTAINERISED CAMO) Im6|ocl to InduoomonL Also accepting ft*y> to CttaManct, Port Mid, Port Alexandria, Qanoa, Trtoola. ALSO ACCEPT INC MTH CONTAINERS. CONVENTIONAL CARGO VIA T/S TO
      389 words
    • Advertisement
      Page 31 Advertisements Column 4
      361 31 BOUSTEAD SHIPPING AGENCIES MYANMA FIVE STAR UNE (Burmese National Line) Loading for Rangoon S'por* P.KtUnf Penang Bangkok HTONEYWA VMM 28(21 A* IVII A* ifrOMAYWA VUM 22/24 ZSfll A* PAGAN VIMV V**m HPA-AN VI43W WS*t THE BANK LINE H-CONTAINER SERVICE NORTHBOUND TO UKC SPORE ROAM HMBG HULL CLYDEBANK V2SN 22/1 2W
      361 words
Page thumbnail Page 32
  • Page 32 Advertisements
    • Advertisement
      Page 32 Advertisements Column 1
      1078 32 w Kline KAWASAKI kISLN KAISIIA. LTD. NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET VOV *INDO 20 21/8 IS 2M 24 4/9 22 11/9 •PK/PNG SGP 22/1 24/« 29/1 31/8 5/9 12/9 14/9 NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE GARNET FEEDER VESSEL NEPTUNE JADE OOCL FORTUNE AMBASSADOR BRIDGE NEPTUNE
      1,078 words
    • Advertisement
      Page 32 Advertisements Column 2
      459 32 J EXPRESS CONTAINER SERVICE Accepting FCL/FCL Containers INDIA/JAPAN/INDIA SERVICE Accepting FCL Containers Mid Con>inttoo>l Ctf9o Alao KMato ItoWi A Staol Products 10. NACALANO V.44 2 U# U.S.A. SERVICE Accapttoig FCL CwWww and C—w—■—l Cargo Uhi P*mm| Loodi tar JALAGOfAL V.C-2 »A* lM »,i»l..flrtl.«« ITALY/MEDITERRANEAN SERVICE FCL Contains™ Alw Triooto. P.
      459 words
    • Advertisement
      Page 32 Advertisements Column 3
      331 32 GOLDEN LINE GUAN GUAN SHIPPING (PTE) LTD *1 Av#r (|rMt SINCAKMf 01* TU U4HM (M 1MB) f»i U4HM STRAITS/PERSIAN GULF SERVICE: fIOLOU MA Vl* Cotawto/Hjrrti/ftif la Nrt QOOXN KM CAwMK«radM/Outoi H S« Ml TON SUN Ta CHINA OCEAN SHIPPING CO., PEKING THE PEOPLE S REPUBLIC OF CHINA HJfna Spar* ffii
      331 words
    • Advertisement
      Page 32 Advertisements Column 4
      602 32 PHILI-ORIENT LINES PTE LTD HE AD '06 ROB'NSOS «OAL GMG BUILDING SINGAPORE 3106 TELEX RS PHILI H* 22SSt"b EAST/FAI EAST Ftt ft LCI ETA SINGAPORE X.% [SEE •'II TIB," '*'■'•1. Mi a* EAST/NOT AHUCA/I n <31 COLOMBO, KARACHI, BOMBAY HAMAS CALCUTTA ***** Ma. Fa ft lci nrvia i" THWJVKvHI' fU»<
      602 words
Page thumbnail Page 33
  • Page 33 Advertisements
    • Advertisement
      Page 33 Advertisements Column 1
      1137 33 NEPTUNE AGENCIES PTE. LTD. K NEPIME SON BHD (CR NO. **********0E) NEPTUNE ORIENT LINES LTD EXPORT m J r.l.' IJ > «i [j h 1.. i a. IMPORT ~r FOB VBL/VOY Perkaaa aoe Perkaaa 818 vessel/vo O. Altair 11/930 R Mini 06/931 KG SGr MOTH KB VSL/VOY 14/00 16/00 O.
      1,137 words
    • Advertisement
      Page 33 Advertisements Column 2
      877 33 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 ***** KMK P. KELAMG MESSRS MAI THONC SNIPPING 127 Pwim Strwt P«n MaUysu M/S HANDLING SYSTEM CO SON
      877 words
Page thumbnail Page 34
  • Page 34 Advertisements
    • Advertisement
      Page 34 Advertisements Column 1
      380 34 SINGAPORE SHIPPING CORPORATION (PTE.) LTD. Til 225 6868 (34 l«w| fAX *****39/*****76 TlllX RS ***** A/8 SSCVA RS ***** A/B SSCAO DSR-LINES VEB OEUTFRACHT SEEREEDEREI ROSTOCK < INTEGRATED CONTAINER SERVICE MCMBCR OF EACON SERVICE TO EAST MEDITERRANEAN ft NORTH CONTINENT EUROPE OUTBOUND i ii'i 'I!>"lP3i3JKJElkjkjej EZZEHnOIIIIIIEZICZ] II ,i i. r
      380 words
    • Advertisement
      Page 34 Advertisements Column 2
      354 34 ETA 22.889 IN PORT IN PORT 27.8 89 25.8.89 23.8.89 IN PORT FAST DIRECT REGULAR SERVICE TO INDONESIA PORT PADANG/ SEMARANG/PANJANG/CIGADING/ BENGKULU VSL ETA ETO LOADIN6 FOR DELI INDAH 22.889 23J.89 PANJANG/PK BALAM NAGA JAYA IN PORT 30.8.89 PANJANG LAMPUNG JAVA IN PORT 22.8.89 PANJAN6/JAKARTA PINANG JAYA 27.8.89 PALEMBANG/PK BALAM
      354 words
    • Advertisement
      Page 34 Advertisements Column 3
      365 34 11CO REGIONAL CONTAINER LINE: ASEAN PORTS BANGKOK < sailings a week P.KELANG 3 SAILINGS A WEEK DASWANI Son Bhd Phi (Tel: *****59) PENANG 2 SAILINGS A WEEK ASWAN! Sdn BM Pnl (Tel: ***** VESSEL w7rrMTT7r^rr^rrm\ JAKARTA 2 SAILINGS A WEEK PT Sauna Penida Jkt (Tel: *****6) SURABAYA -1 saiung a
      365 words
  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      168 34 Regional Weather f VA Wi I m v SSI r •A 58 m Bfci sS x. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. AUG 22, 19M R Thund««ocm >C\ K^ ow9f Weoth« -V Wmd ditction with weed m knots Rom Wo»f heiaht Cloudy Sky Surface winds ore indicated by
      168 words
Page thumbnail Page 35
  • Page 35 Advertisements
    • Advertisement
      Page 35 Advertisements Column 1
      628 35 StllrriWU 1 irnta, luesuciy, nugual UNIPACIFIC TRANS TRADING AGENCY PTE. LTD. SINGAPORE TEL: *****22 FAX: *****76 D IRAQI LINE maQi STATE ENTERPRISE FOR MARITIME TRANSPORT EAST BOUND SERVICE ETA S PORE LOADING FOR lit Iraq/Japan THROUGH B/Ls to BAGHDAD UPON REQUEST ALSO ACCEPTING CONTAINERS BACHDAD REEFER SPACE AVAILABLE UPTO AQABA
      628 words
    • Advertisement
      Page 35 Advertisements Column 2
      287 35 fa' RICHFIELD MARINE AGENCIES |S| PTE LTD TEL *****33 (10 Lines) ffli FAX 225M1S TELE* «S 3SSS3 RISMIP (3 Lmesl MBMX9 ItlJwM ACCEPTING FCL AND CONVENTIONAL KMfKO ITA LOAOMO KW NTTSANET Wl OAMESSALAAM 0J»0UTI ■nTWmrt ASBAI MAUAWA MOOCOAM »10 MOMBASA. tUWOWTI AIM MARKKA HOOCBAM Other ports along the route workable
      287 words
    • Advertisement
      Page 35 Advertisements Column 3
      750 35 SIGMA EXPRESS IS) PTE LTD TEL: *****44 FAX: *****75 G ACCEPTING CARGOES FOR: BANGKOK 26/8 BUSAN 24/8 BOMBAY 24/8 COLOMBO 24/8 HONGKONG 24/8 MUARA/LABUAN/KK 24/8 KUCHING/SIBU 22/8 TOKYO/YOKO/KOBE 27/8 LE HAVRE/HAMBURG 24/8 FELIXSTOWE/R'DAM 25/8 KEELUNG/KAOSHIUNG 27/8 FREMANTLE 27/8 SYDNEY/MELBOURNE 28/8 P.KELANG: 03-*****35 PtNANG: B4 *****S BANGKOK: ******1 HONG KONG: 134M111
      750 words
    • Advertisement
      Page 35 Advertisements Column 4
      232 35 BALTIC ORIENT SHIPPING PTE LTD. BAY OF BENGAL SERVICE CM. LEUVE 9109 22/8 27/8 30/ TIGER BAY 77N 25/8 31/8 L YAMBURENKO 15SU9 29/8 2/9 SUSAK 78H 30/8 6/9 LEUVE 9110 5/9 10/9 12J TIGER BAY 79N 6/9 i 3/9 CALABAR 76CNB 12/9 18 9 VIETNAM SERVICES LlMlJllllmliAll >^3 ALL
      232 words
    • Advertisement
      Page 35 Advertisements Column 5
      102 35 REGULAR EXPRESS FCL LCL SERVICDESTINATION ETA SINGAPORE JAKARTA (FCL ONLY) TOKYO, KOK, BUSAN (fa OHLY) KARACHI, BOMBAY COLOMBO (FCL OMLY) M. W FARGO SHIPPING CO (P) LTD 19, Keppel Raod. #05-07/08 Jit Poh Building. S pore 0208 T«l: *****22, Fax: *****72, Cable: FARGO LINE TO ABC CONTAINERIZE N.» WE HAVE
      102 words
Page thumbnail Page 36
  • Page 36 Advertisements
    • Advertisement
      Page 36 Advertisements Column 1
      763 36 'age aii A k. MERCHANT MARINE CO., LTD. EASTBOUND TO USA FULLY CONTAINERISED TRANS-PACIFIC WEEKLY SERVICE HVUNBM INNOVATOR HYUNGAI EXPLORER HYUNIAI COMMANDER HYUNIAI PIONEER LALAKMA HYUNIAI CHALLENGER SIN HUG LBN OAK SEA ac 2s* 31* 11*9 21*9 m/os HE 01/09 07*9 25*9 29*9 01/10 11C 09* MP 92/10 98/19 09/10
      763 words
    • Advertisement
      Page 36 Advertisements Column 2
      540 36 te JE CONTAINER LINE TEL: *****59 FAX *****63 GUARANTEE LCL CONSOL SERVICES (ALSO ACCEPTING FCL BOOKINGS) FAR EAST PONT KELANC PENANG BANGKOK HONG KONG CHINA KAOHSIUNG KEELUNG Ml Ifl 25* ft 1/1 22/1 A 2t* 24/1 ft 77/1 24/1 ft 27/1 27* ft 3/8 23/1 ft 77/1 SRI LANKA/ INDIA
      540 words
    • Advertisement
      Page 36 Advertisements Column 3
      516 36 [QV Mitsui OS K. Lines. Ltd I I EXPORTS TO PSW CONNECTING AT |TO oouble stack trains eta ITu, ir i. aoiEaiEaiEHaiEaEJl f'""V'l- EJEJETJL'JimErMEIMtnM i i jmearj f" 'v i' 1 Mimga nnnnnnnn -wmßn fvii'ivnimri EJizirjrjpjtnrjtFJtrj i' J i rn -a, i .■i i turatOEJcanmrj i liSingn r'»i"\' i,"' .irriTiLJUaUl-JLJEIEI
      516 words